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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Sep 07, 1917
Page
3
Market review covers cotton prices and local spot quotes with figures for hogs wool and hides. Navy and naval stores figures show receipts and cash rosin tar and spirits values. Chicago grain and New York stock shifting with notable price moves and rail declines.
Active general selling pushes New York cotton to new movement lows as October and January slide toward 20.34 and 20.40 while reports of Caribbean tropical disturbances limit further decline. London selling persists with prices dipping to 20.27 for October and 20.09 for January before a late steady close.
New York spots report on September 7 shows middling cotton at 21.35 cents per pound with a quiet market and stable activity for the day.
In New Orleans on Sept 7 a early slump of about 20 points appeared as selling intensified from prior sessions. Spot quotes fell, later firms steadied after noon, and cotton closed with declines ranging from 12 to 28 points. Futures for October through May showed mixed, with declines from earlier levels and late-hour stabilization.
New Orleans spot cotton listed steady with mid and near values unchanged. Sales totaling about 30 bales advance to arrive 1,900. prices show low middling 21.00 and good middling 21.50, receipts 1,080. stock 72,567.
Liverpool market report shows spot cotton in moderate demand with prices down. Good middling 17.65, middling 17.25, low middling 16.75 with 2,000 bales sold including 1,890 Americans. Receipts 8,800 bales, no American. Futures set lower across positions from September 16.07 to May-June 14.36. prices fixed.
Liverpool reports weekly cotton totals with 43 mills forwarded, 47 000 American bales in stock and 143 000 American on hand. Imports show 1 400 American bales while exports are listed as none.
New York cotton seed oil closes firm with spot at 15.90 and futures listed from September to April, showing a rising trend into March and a dip in January.
Tomorrow afternoon a baseball game will be played at Robert Strange Playgrounds between Fort Caswell and a City League selection from Wilmington. W. L. F. players at the fort will join the visiting side, with Hank Gaylor directing the fort team and Clunk Davis in charge of the Wilmington boys. The contest starts at 3130 o el.
Lumina will host a weekend dance attracting a large crowd tomorrow night. An additional feature in the ball room will be a collection of pictures shown indoors for guests.
The Imperial Bank of Germany has increased note circulation by 359 million marks in the last week, pushing total outstanding notes to over 9.3 billion marks. The gold reserve stands at 2.4 billion marks, while the report notes this rise contrasts with the previous year’s levels.
The text argues a German stance on a papal note and criticizes peace terms with Wilson. It notes the break in diplomatic relations with the United States and the 1914-1918 war context. It questions the feasibility of peace talks and predicts Wilson remaining president for several years.
Calotabs a new calomel tablet marketed as painless and safe replaces old calomel with no taste griping or after effects. One tablet at bedtime with water cleanses liver and purges by morning with appetite restored. Sold only in sealed twenty dose packages for thirty five cents with druggist guarantee.
Washington Sept 7 forecast of major crop production based on conditions on Sept 1 reports totals in millions of bushels and acres. Spring wheat 250 all wheat 668 corn 3248 oats 204 white potatoes 462 sweet potatoes 88.2 tobacco yield 861.0 pounds per acre 177 apples 38 peaches 42.6 ka firs 103 others listed with condition and yield figures.
London reports the central powers will despatch a reply to Pope Benedict's peace note in two or three days. Count Czerin, Austro Hungarian foreign minister, has arrived in Berlin for discussions on the reply and the Polish question during his visit.
Twenty farmers in Chickasha Oklahoma await trial on charges of conspiring to blow up the Rock Island bridge over the Red River south of Terral. They are alleged to be members of the working class union and pledged to block army enlistment and mobilization.
Copenhagen dispatch notes The Vossische Zeitung reports the Reichstag session opening September 26 will debate making Alsace Lorraine a monarchy within the German empire. The government plans a reforms bill for more Reichstag seats and other measures on birth rates. Saxony rejects universal suffrage for its Diet.
The federal road fund apportionment for rural post roads totals 14 550 000 for the year ending June 30 1919 with 20 000 000 for 1920 and 25 000 000 for 1921 Secretary Houston of the Department of Agriculture released the figures The Southern states allocations include Alabama 313 456 Arkansas 250 018 Florida 170 723 Georgia 403 909 Mississippi 268 751 North Carolina 342 556 Kentucky 292 984 Louisiana 203 755 South Carolina 215 014 Tennessee 340 663 Texas 876 986 Virginia 298 120 This marks the third apportionment under the act 4 850 000 was set for 1917 and 9 700 000 for 1918.
Godfrey L. Cabot of Boston, vice president of the Aero Club of America, has provided $30,000 to Rear Admiral Bradley A. Fiske for torpedo plane experiments. The effort seeks a craft able to deliver the heaviest torpedo from England to Kiel, Germany, as a weapon against battleships.
Richmond reports Hunter Wilson age 42 a Virginia native died when the British steamer Argalia was sunk by a German submarine a few weeks earlier confirming a maritime loss aboard the vessel.
Advertisement states eczema stems from blood disorder and promotes S S S as the lasting treatment. Claims prompt relief through blood purification with long market presence and offers medical advice from Swift Specific Co. in Atlanta Georgia.
A leaflet titled The Hair and its Care explains Pompeian HAIR Massage as more than a tonic, describing scalp rubbing to awaken hair roots and renew vitality, aimed at those who tried many tonics without success.
Paris reports Lieut. Raoul Lufberry of Wallingford Conn a top LaFayette Escadrille flyer scored his tenth and eleventh German aircraft on September 4 and 5. His feats highlight the American air effort in the war. The Indianapolis Indians are leading the Giants of the American Association with Jack Hendrick's club in first earlier and since.
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