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Wilmington Dispatch in Wilmington, North Carolina

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Wilmington Dispatch

Location

Wilmington, North Carolina, United States of America

Date

Oct 15, 1916

Page

10

Wall Street sees heavy liquidation amid bank surplus declines

Banks report $13 641 070 in surplus reserves with loans and net demand deposits down by large sums. Stocks fall amid short selling and broad declines, while Atlantic Gulf and West Indies and Continental Can look stronger. Rumors swirl over orders for Russia and reform battles at American Locomotive. Cotton prices hit highs as German potash shortages threaten global supply.

New York Shorts Atlantic Gulf Kanebsarine Tennessee Copper Baldwin Locomotive Company American Locomotive Company Russia Isaac M. Cate Baltimore Wall

Commodities Report From Naval Stores Markets

In Wilmington no trading activity noted. Savannah naval stores quotes show spirits at 44 cents, rosin at 6.00 and 6.05 dollars. Wheat corn oats and general market items listed for Chicago and Chicago area markets.

Savannah

Cotton market shows nervousness and steady close

New York traders noted initial gains on good demand but selling in later hours. December weakens while winter months hold around 17 1/2 cents. Port receipts hover near 45,000 bales. New Orleans spot steady to higher. Liverpool market closed. Census data show September consumption of cotton and linters at 529,227 and 61,719 bales respectively.

New York Liverpool New Orleans Census Bureau

Local Market Closing Prices Report

Chicago markets show grain and meat futures with December wheat at 1.513-8 for December wheat, corn December at 0.763-4, oats December 0.48, pork December 23.25, lard October 15.17, ribs October 13.85 90. The report lists May and July wheat and corn quotes and additional forward prices.

Chicago

Bar silver prices rise in London and New York markets

London bar silver gains 1 16d to 32 1 2d while New York commercial bar silver climbs 1 8c to 68 50 per ounce on October 14.

London New York

Cotton seed oil futures and spot prices reported

New York price report shows October through May futures ranges from 11.60 to 12.10 in the month of October with various nearby contracts. Spot price listed at 12.25 bid and total sales amounting to 18 800 barrels.

New York Crowley Kleinert Warren Asbro la France

Qe Ad Cottee Prices and Monthly Sales Totals

The note lists closing prices by month from November to September with figures around 8.3 to 8.7 and notes total sales of 12,500 bags. It appears to be a commodity price and volume record from a historical market page.

Butter Market Steady at 341-2 for Higin, II

Butter prices show no change from the prior week with Higin, II quoted at 341-2 on October 14. The report notes stability in the dairy market and references the same price as last week.

Higin

Wheat market moves on Patten sale amid mixed futures

Chicago reports James A. Patten sold a large May wheat line causing market weakness as May fell modestly while December and July moved differently. Export buyers led demand. traders expect bulls to tighten positions. Weekly Western receipts reached 10.514 million bushels, down from 11.119 million last year, with broader declines in Northwestern markets. Coarse grains eased as wheat weakened, with export demand for corn and oats varying. Swift & Co. looms large in October pork, lard, and ribs with active trading and occasional losses on short covering.

Joseph F. Pritchard Chicago James A. Patten Liverpool Argentine Republic Swift & Co

Bank Clearings Rise Across Markets

New York reports bank clearings totaling 768,398,596 for Oct 14, up from 566,952,998, an increase of 201,445,598. St Louis data unavailable. Turpentine steady at 47c and rosin steady at 6.25 for common grade.

New York St. Louis

Storm Serge Navy and Cadet Blue 36 inch Wide Yard Seer AR

Storm Serge fabric described in navy blue black ewer and Cadet blue shades 36 inch wide. The text appears partial and uncertain but notes color names and width for yard fabric. No clear event person organization or place identified.

Messaline Vard Ottmann

Also Mentioned on This Page

Breadan Wall Hir Cate Wall Street Germany Anaconda Copper Atchison Atlantic Coast Line Bia Baldwin Locomotive Baltimore & Ohio Bethlehem Steel Canadian Pacific Chesapeake & Ohio Chi Mil & St. Paul Chi R. I. & Pac Ryo Consolidated Gas Crucible Steel Erie Ee General Hilectric Great Northern Pfd Great Northern Ore Ctis Illinois Central Inter Mere Mar Kansas City Southern Louisville & Nashville Liggett & Myers Lorillard Co Maxwell Motors Mexican Petroleum Mis Kan Tex Missouri Pacific New York Central N. H. & Hartford Norfolk & Western Northern Pacific Pennsylvyvania Reading Republic Tron & Steel Seaboard Air Line Sloss, Shef, Steel & Iron Southern Pacific Southern Railway Studebaker Corporation Texas Co Union Pacific Ae United Fruit United States Rubber U. S. Smelt. & Refining United States Steel Oy Whenate United States Steel Westinghouse Electric Virginia Care. Chem Kennecott Copper Va. Iron, Coal & Coke American Zinc Wabash Western Union Gulf Steel Wilmington Charleston Wilmington Naval Stores A &O N. C. Hama N. C Virginia Dannenbaum Market Street Cape Rose COPEN Vogue Castle McMahon Universal Mending West Electric Sailoff Cdi Seven Hose Perfecta Hose Oid
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