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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Nov 26, 1917
Page
3
Market activity shows bullish sentiment with December futures advancing through December 30. Livestock crop and cotton futures move with December near 29.73 and January around 29.50 as buyers push prices higher before selling pressure emerges. Weather and church notices accompany the market briefing in this period.
A program note lists soloists for a cantata to be given tonight at the Lutheran Church. The article also covers market briefs from Chicago grain and Liverpool cotton, stock movement in New York, and a December 10 recess date for the Supreme Court.
In New Orleans on November 26, December futures show buying pressure with an advance of 40 points at midday. Estimates place total American exports and imports at about 1,688,090 bales for December and 11,250,000 bales overall, with limited impact on supply. Prices range with highs near 28.85 and lows around 27.44, reflecting ongoing volatility in the cotton market.
New Orleans spot cotton figures show prices up with sales on the pros. middling and new arrivals detailed. Receipts total 2773 against stock of 273163, with noted points and prices indicating a firmer tone for late November trading.
Spirits 47 1 2. Rosin 6.00 and 5.70. Tar 3.50 and 16 cents. Crude 4.25, 4.25 and 3.25.
New York's extensive waterfront is now guarded by police and soldiers at key points to deter enemy aliens. A federal shift assigns patrols to cover the entire area while current guards remain sufficient in most locations. Guards carry shoot to kill orders for unauthorized entrants into barred zones.
Friends report Claude Cooper a Trinity College student had an acute attack of appendicitis last Thursday night and underwent an operation at Watts Memorial Hospital in Durham. Senator W B Cooper attended a business meeting in Winston Salem and spent Saturday in Durham with his son who is said to be progressing well. U S District Attorney J O Carr returned from Raleigh Saturday night to spend the weekend with family and will return for the second week of court sessions.
Funeral services for Mrs Julia Swain were held at her home 704 South Third Street yesterday at 3 p.m. Rev W R Noe of the Church of the Good Shepherd officiated. Pallbearers were J O Brown W B Crumpler J T Dooler J E Burriss G W Creel and J A Barnes. Interment followed at Bellevue cemetery.
The Times notes no statement from the Russian State Bank has arrived in London since October 29 and questions if Bolshevik activity is involved. It says informed circles believe the bank's gold reserves have been moved from Petrograd and are unlikely to fall under Lenin's control.
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