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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Sep 08, 1917
Page
3
The market reports a volatile session with near term contracts fluctuating as traders weighed bullish census data against renewed selling. Prices slid in October and January futures while the overall market remained pressured by local selling and global supply signals. Financial notes include mercantile rates and currency bids as Wilmington naval stores held steady in limited ranges.
Wall Street opened with buyers pushing many favorites higher as a lack of overflow selling and expectations of steady short interest fueled gains. Major advances appeared in Steer, Crucible, General Motors, International Paper, Sugar, oils and tobaccos, with several names quoting at bid or notable rises.
Salisbury reports Hayden Clement plans to reopen the investigation into Mrs Maude A King’s August death near Concord. A Chicago postmortem suggested murder with a bullet in the skull, challenging the coroner’s verdict of accidental death. Means departs for Concord and relays questions about a will. Mrs King’s mother rejects accidental death theory.
Turpentine firm sales 391 2, receipts 395 shipments 2456 stock 32365. Rosin firm sales 833 receipts 1 M5 shipments 7756 stock 86953. Quality grades noted with price ranges from 5.40 to 7.25 for several grades, including M and N, ending with WW at 27.35.
New York on Sept 8 reports a spot cotton diet with middling grade at 21.2 percent.
New Orleans Sept 8 after an active start the cotton market eased on fresh offers. First half trading after opening showed a 17 to 8 point decline from yesterday's close. The season's first receipts 605 513 bales met expectations, while spot accounts supported a late recovery before a net daily loss. NEW ORLEANS SPOTS: Spot cotton off 7 points. sales 0, to arrive 430 bales. prices low mid 19.62, middling 20.25, good middling 20.75.
Chicago grain notes strength in corn as cool temperatures raise expectations for seasonable maturity. Opening prices rose across contracts with December around 1.14 to 1.15 and May near 1.10. Seaboard demand supported firmness alongside higher provisions and a bullish hogs-on-farms outlook.
The cotton seed market in New York closes easy on September 8 with spot at 15.90. September bids 16.04 and monthly prices from October 15.91 to March 15.70, total sales 26,000 tons.
New York on Sept 8 reports the condition of leaving house banks and trust companies for the week six figures and five figures indicating reserves exceed required by $87,097,430 an increase of $74,189,520 from the prior week.
Rev. F. B. Clausen, pastor of St. Pauls Lutheran church, has returned from vacation and will conduct Sunday services. Morning and evening services will be in the Sunday School room on Princess street as the pipe organ is not yet installed.
Copenhagen dispatch reports German military circles believe Riga and Duenamunde bases capture ends Riga front operations. With winter nearing and road and depot needs, Field Marshal von Hindenburg may halt further advance toward Petrograd.
Fragmentary note records sunrise and sunset on Sunday with a listed time of 6:27 and a partial cost line 26.89. Missing context makes full details unclear.
I express heartfelt thanks to friends neighbors and my pastor attending physician and nurses who nobly assisted during the illness and death of my son Louis Shew May God bless them for their kindness and sympathy R H Shew Father
Weather summaries from September 8, 1917 describe conditions across locations. Reports note temperature trends, wind, precipitation and notable atmospheric observations from multiple stations.
The San Francisco Pacific Coast league team touts Olaf Ericksen as a pitching wizard. Recent averages show Olaf with 22 wins and 9 losses, highlighting his standout season.
By power of sale in a mortgage from Thomas Payne and wife and Charles Payne to Wilmington Homestead and Loan Association, default in payment leads to sale at Wilmington Court House door on September 19, 1917 at 12 o'clock. Property described as Sixth street and Bladen street block, starting point on Eastern line of Sixth street. Sale conducted by John D. Bellamy & Son, Attorneys. $20-30 days.
Mortgage sale by John F Mosley and wife to Wilmington Home stead and Loan Association dated April 25 191? and registered in Book 82 page 96. At public auction for cash at Wilmington Court House door on Monday in October 1917 at twelve o clock noon. Property in Wilmington starting 99 feet south of Bladen and Sixth street with a 165 by 33 foot parcel, Lot 2 Block 260. Attorneys: John Bohan Thor Johnny.
An advertisement for the Coast Line Hotel Cafe at 208 North Front Street offers rooms by day week or month at reasonable rates and meals at any hour with fresh oysters fish and shrimps. Phone 208 W.
The Tris Company outlines services including checking accounts, certificates of deposit, savings funds, and 4 percent quarterly interest on deposits. It offers loans on security, markets high grade commercial paper, buys and sells bonds and stocks, and provides free reliable securities information. The firm acts as trustee, executor, administrator, guardian, and agent for various fiduciary roles and issues travelers’ letters and checks worldwide.
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