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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Oct 04, 1917
Page
3
Cotton prices at Wilmington Savannah Charleston and Norfolk reported in spot market notes with shifts from 3 to 34 cents. Weather and marine sections accompany the market data with brief coastal observations.
The New York cotton market opened weak with early gains of October trimming to 10 points, while other months fell 26 to 54 points. December and January showed sharp declines before prices steadied midmorning. the market closed steady despite pressure from recent selling and hedging amid mixed New Orleans tone.
Local articles describe posters in store windows and stickers on cars urging the purchase of Liberty Bonds in the Richmond Reserve District. The 4 percent bonds are tax free and backed by Uncle Sam, with a simple weekly payment plan for smaller purchases and transfers from earlier issues. Governors and banks promote the drive as citizens rally to support soldiers, ships, and national defense. only 30 days remain to complete the sale.
New York on October 4 reports spot cotton quiet with middling grade at 26.85 cents per pound.
Spot cotton in New Orleans on October 4 held steady with a 3 4 point rise. Sales reached 1 445 bales with 1 700 arriving. prices ranged from low middling 25.00 to good middling 26.13. Receipts were 4 185 and total stocks 92 896.
Liverpool cotton market reports spot prices up 60 points with good middling at 20.67 and middling 19.92 while ordinary sits at 18.47. Sales reach 3,000 bales, including 1,900 American, and receipts total 18,000 bales with 17,400 American. Futures close steady with new contracts January 18.79, March 18.54, May 18.34. old contracts fixed and unchanged.
The cotton seed oil market eased on October 4 with spot at 17.40 and futures for October 17.40, December 16.92, January 16.96, March 17.10, and May 17.20. Total sales reached 43 400 barrels.
Chicago prices show weakness in corn on October 4 tied to unsettled securities and tight money. December corn opens 1 1 2 cents lower, trades around 1.19 1 2, then markets ease. May corn near 1.16. Oats mirror corn while bear pressure weakens lard and provokes a muted hog market response.
Stage of water in the Cape Fear river at Fayetteville North Carolina at eight o clock yesterday was seven and four tenths feet. The datum reflects river conditions and flood potential for the period.
Well known expert T B Elker announced a 20 year search ended with a medicated massage ointment named pyorigg that allegedly treats riggs disease receding and bleeding gums and loose teeth. It is sold in original packaging for one dollar at best drug stores including Jarman Futrelle in Wilmington.
Personal mentions report H D Hall en route to Petersburg and R Anger J W Anger of Bolton in the city on business. P G Mellinnis of Charleston spent hours here before leaving for New Bern. W J Dunn of Edward N C, Z R Thompson and A D King of Sloop Point, L J Tott le of Jacksonville, J W Gilson of Wilson, and W R Mintz returning from Rocky Mount all observed in city on business or visiting. Mrs C S Myers departed for Greenville SC for business.
The Brotherhood of Railway Carmen has voted to admit women into full membership. Women will perform the same men’s work within the union, reflecting a policy change toward gender inclusion in the trades.
Deeds filed in the Register of Deeds show Southeastern Realty Company selling blocks in Summer Hill subdivision to J wis for 100 dollars and other considerations. William E Springer sells to Matilda A in John F Klein for 1 dollar and other considerations, 1.83 acres in East Wilmington. BE Clark and wife transfer to Wilmine on Savings and Trust Company, 87 lots included in the subdivision of Highwood Park, for 10 dollars and other considerations.
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