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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Oct 05, 1917
Page
3
Early today the cotton market opened steady with a 10 point drop in October. Active months advanced about 1 to 3 points, with December near 25.61 and January 25.41 while spot houses bought and covered, keeping a generally steady tone despite nervy nerves from cold Northwest weather.
In New Orleans on October 5, cotton climbed 34 to 46 points in the first hour as favorable spot accounts fueled demand. Offers appeared scattered, keeping the tone quiet but steady. The day closed with a net advance of 9 to 16 points.
Spot cotton in New Orleans remains steady with sales totaling 1,142 bale for immediate delivery and 1,025 bales to arrive. Prices: low mid 25.00, middling 25.63, good middling 25.15. Receipts 5,848 bales, stocks 87,156.
Liverpool October 5 reports spot cotton in limited demand with price declines across grades. Sales reached 8,006 bales including 2,600 American. receipts 40,000 bales. Futures closed quiet with January 18.67, March 18.42, May 18.12. old contracts ranged from 18.47 to 17.06 depending on expiry.
The cotton seed oil market in New York closes firm with spot at 17.50 and futures bids: October 17.65, December 17.20, July 17.21, March 17.31, May 17.35. Total sales reach 30,500 barrels.
Policeman W. H. Kermon after five years with the local force resigns and will soon leave the city to pursue engineering work in Poughkeepsie New York.
The report lists Wilmington market quotes: spirits at 44 3-4 cents, rosin at north coast Tar at 3.60 and 16 cents, crude at 3.75, 3.75 and 2.78 dollars.
Turpentine firm 46 1 2 to 46 3 4, sales 243, shipments 568, stock 30,51 Rosin firm sales 334, receipts 796, shipments 2,250, stock 83,303. Prices listed for several grades with ranges from 6.00 to 7.60, including E F G H M N WG WW.
Market notes show liberal Belgian relief purchases lifting nearby grain and provisions while keg market weakness persisted. In Charlottesville Dr C W Kent, noted orator and author, dies at 56 after July paralysis. New York stock session comments include varied gains and declines across major listings.
The four day total of subscriptions to the second Liberty loan in the New York Federal Reserve District reached 144.6 million dollars by noon today, combining official and unofficial totals, announced from Liberty Loan committee headquarters.
Martin of the senis J committee reports on the sixty fourth Congress to date the fiscal year 1918 shows a record volume of legislation and major measures enacted. Total appropriations reach 16 901 966 815 plus second session and contract authorizations totaling a grand 21 300 730 940 for the present year.
The Associated Press reports reels of moving pictures and over 70 000 lantern slides will be shown daily in about 17 500 theaters from now until October 27 to promote Liberty Loan bonds. Many film stars participated, with slides bearing distinctive mottoes urging readers to invest in Liberty bonds.
Philadelphia on October 5 reports the fourth day of the second Liberty Loan drive with nine big blocks totaling 10,710,000 dollars. The Norfolk and Western Railway Company led subscriptions at five million dollars, with 2,220,000 credited to this district and the rest to New York.
In Columbia South Carolina officers report South Carolina Negroes trained and en route to Camp Jackson. About 1,200 Negro selectees from Columbia and Richland County joined 100 reported to arrive last night. Twelve from Florida head the first white troops increment amid a mobilization of roughly 2,600 Southern Black laborers.
The Reverend J. T. Terry, likely not fatally wounded in the same mysterious shooting that killed Dr. Tom Hughes near Russellville Alabama, is resting well today. His condition prevents transfer to Birmingham, and Terry will disclose a statement later.
An advertisement for gymnasium items and tennis shoes from Peterson and Ruffs highlights Oxford shoes and athletic footwear available at the store.
The readable text mentions sun rise and sun set times on Saturday with 6 10 and 5 50 as possible times, indicating a daily schedule reference for dawn and dusk.
Stage of water in the Cape Fear river at Fayetteville North Carolina at 8 a m yesterday measured 6.2 feet.
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