Wilmington Naval Stores Prices Report
Spirits 4s8, Rosin 5.50 and 5.30. Tar 3.50 and 3.0? Crude 4, 4, 3. Prices listed for various naval stores, reflecting market quotes in the Wilmington area.
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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Oct 28, 1917
Page
10
Spirits 4s8, Rosin 5.50 and 5.30. Tar 3.50 and 3.0? Crude 4, 4, 3. Prices listed for various naval stores, reflecting market quotes in the Wilmington area.
OCR reads of a cotton market brief show Liverpool trade connecting buyers amid declines. Prices for December and January eased, with activity described as slow and market sentiment negative over the weekend.
Spot cotton price idle at 28.60 cents per pound in York area trading. Market activity appears subdued with no notable price shifts or vivid bidding described for October 27.
Early trading in Leans shows cotton prices softening in the first half hour as factors weigh on sentiment. Weather and crop prospects cast a cautious tone with traders reacting to yesterday's market activity.
The quotation shows a steady, single decline with a drop of 16.104 points and varied highs and lows. Prices ranged from 26.31 to 25.19 with closes near 25.96 and 25.18 across the observed entries.
Spot cotton steady after sales for delivery, small stock deliveries expected. Prices hold at 27.75 for middling with light movement in notes from the market.
Cotton seed market closes steady as of Oct 27 with spot cover at 19.90 and December January at 18.05. March and May futures show steady activity, total sales 4,400.
Canadian troops spearheaded a night assault after Bavarian defenses collapsed, pushing the Germans from entrenched positions and bayoneting their way from pill boxes as they cleared machine gun turrets. In New York, heavy selling sent corn prices down before a partial rebound amid rain. Stock trading ended with broad gains, led by shipping and rails, while a few issues declined.
Washington prepares to bid farewell to John Barleycorn with a grand Prohibition era spectacle. A midnight banquet at the Commercial Club ends with hatchet-wielding Carry Nations and a final toast as the historic Washington saloon era closes.
Premier Kerensky told a preliminary Parliament conference that moving the Russian capital to Moscow is not an urgent matter. A government resolution supports defending Petrograd with energy and remaining as long as possible, with the constituent assembly set for December 4.
President Wilson orders a 45 cent per ton increase in bituminous coal prices at all mines effective October 29. The rise, tied to a 10 percent miners wage hike, will pass to consumers and is intended to boost production while avoiding higher profits for operators. A strike penalty clause stays in place if parties fail to agree.
Text outlines alleged Allied peace proposals and German response. Allies seek true peace and end to military states while Germany accuses enemy of plans to erase German people and empower industrial interests. The piece frames a dramatic war-time confrontation between democracies and autocracy.
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