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Newspaper
Wilmington Dispatch
Location
Wilmington, North Carolina, United States of America
Date
Sep 24, 1916
Page
10
The report lists closing quotes for Wheat September at 1538 with declines, December at 11155 and May at 115534. Corn September 8812, December 7338, May 7714. Oats September 461, December 4014, May 5214. Park futures shown at 28.20, with October 26.90 and December 23.95. Lard September 1470, October 1460, December 1410, January 1362. Ribs September 1446, October 1422, January 1275.
Butter sold for 81 cents a pound in Elgin today, a half cent higher than last week, as market activity continued.
New York clearings on September 23 totaled 569 million dollars, up from 419 million the prior period, with 149.8 million in September attributed to specific inflows. St Louis reported no clearings data available on September 28.
Raw sugar, wiritusal, 6.02 asked. Turpentine over Ath asked. Refined steady 4.75. Rosin steady, ecommerce fine grade 6.75 to 7.00. Mon 6.25. Latest 4.
Cotton eased on overnight selling and hedging with declines up to 16 points, then rose as room traders covered and rumors of Egyptian stock re reductions circulated. Last quotes 2 points down to 3 up. Receipts 40,080. visible supply 3,504,996. Spot 10.59. New Orleans steady at 15.60.
New York market report lists September to April futures for cotton seed oil with bid spot at 10.45 and quotes ranging from 10.24 to 10.70. September 10.45 11.00, October 10.49 10.49, November 10.26 10.29, December 10.24 10.25, January 10.28 10.29, February 10.40 10.44, March 10.52 10.58, April 10.55 10.70. Sales total 44,500 units.
Chicago reports from Jos F. Pritchard indicate cash wheat buyers and exporters push for higher prices with talk of $2 per bushel. Northwest millers absorb grain while interior mills idle, and western and southwestern receipts decline after a fortnight of losses.
Cuban outfielder M Cueto, signed by the Cincinnati Reds, who was due to report next week, broke his leg yesterday. The stock market closed a volatile session with big gains, as banks posted a surplus well above the prior Friday, and steel hit a new high as investors flocked to what they see as cheap stocks.
The article notes a jinx season for second basemen in 1916 with scarce star keystone players. Doyle’s Cubs trade ends his season with a leg injury, while Eivers is out due to accidents and suspensions. Barry and Lajoie face demotion or replacement, Yerkes loses his place, Zim is traded, and Huggins retires from playing after spring training.
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