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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Sep 17, 1916
Page
18
Sept 16 report notes wheat prices fall on eased demand and rising Argentine exports. Cash grain totals show 185000 bushels wheat, 105000 corn, 365000 oats with 200000 oats for export. Hog products stay strong due to robust cash lard and meat sales abroad and tight processor stock.
Cattle receipts 1550 with market steady. Native beef steers 700 110, yearling steers and heifers 850 1065, cows 550 800, stockers and feeders 530 800, calves 600 1175. Hogs receipts 2000 steady to 5c higher. mixed 1070 1140, good s 1130 1140, rough 960 1000, lights 080 1130, pigs 750, bulk 1075 1135. Sheep receipts 250 steady. slaughter ewes 500 725, breeding ewes 900 1000, yearling 600 900, lambs 700 1100.
Heavy selling by traders eroded cotton values as mill support waned and hedge pressure rose. Liverpool bought January and May contracts while the English market stayed closed. Port receipts totaled 18 091, with the world visible supply at 2,864,028 and the U.S. supply at 2,121,28. Spot New York declined five points to 1555. New Orleans held at 1513 with 915 bales sold.
Savannah prices show Spirits at 4 1 4 and Rosin at 5 85 while Tar remains unchanged. Wilmington figures list Spirits at 43 with Rosin quotes 5 45 and 5 30 Tar at 2 60 and 10 1 2 Crude at 4.00, 4.00 and 3.00.
Cotton prices closed steady in New York with September at 1535, October 153839, November 1542 bid, December 1551 53, January 1560 62, February 1567 78, March 153 1576 78, April 1582 bid, May 1594 95, June 1559 99, and July 1630 55.
Seth Low former mayor of New York and former president of Columbia University is reported ill at his country home in Bedford Westchester County. He has been deteriorating for weeks and developed digestive troubles in the last two days under specialist care.
The market closed Friday with stocks rallying and Steel near a fresh top of 108, as Western Union hit a high above 101 and rails followed the trend. Investors eyed big gains in dividends and freight costs while international tensions and submarine fears weighed on marine issues.
Bank clearings in New York on September 16 totalled 706 714 769 dollars. Clearings for Cartaminine and St Louis were not available at this time.
The Sept 16 price shows commercial bar silver up a quarter to 68 1 4, signaling a modest advance in precious metal trading.
In Tuskeola, Alabama, Artie Rice, 17, and Pearl Englebert, 14, wed after a year of failed attempts. Pearl’s father finally gave consent, uniting the two youths in a late summer ceremony.
Chicago Illinois Sept 16 hogs receipts around 9000 with varied bids from 1005 to 1150 and heavies at 1005 to 1140. Cattle receipts about 600 with native beef cattle around 660 to 1125, stockers and feeders 460, cows and heifers about 985, calves at 30 to 1300.
Chicago closes show wheat around 1.47 and 1.48 for nearby and May contracts. Corn trades near 86 1 2 and 75 1 2 for May. Oats at 44 1 2 to 50 3 4. Pork futures limit reads Sept 28.05 Oct 26.75 Dec 23.40. Lard and ribs move with Sept Oct contracts.
New York raw sugar remains steady as declines ease. Centrifugal sugar quotes at 527 cents, molasses at 450, refined sugars quiet with fine granulated at 640 or 660 cents.
Spot cotton values listed in New Orleans show grades from low ordinary to strict good middling with quoted ranges. Prices span 12.38 to 16.62 in cent per pound, reflecting market breadth for noted quality classifications.
An advertisement offers a $100 reward for catarrh that cannot be cured by Hall's Catarrh Cure. It touts 35 years of trusted use, claims blood-borne action to purify mucous surfaces, promises quick health improvement, and invites readers to send for testimonials from Toledo Ohio. Sold by all druggists.
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