Newspapers / Asheville Citizen (Asheville, N.C.) / Sept. 29, 1922, edition 1 / Page 14
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THE A5HEVILLE CITIZEN. FRIDAY MORNING, SEPTEMBER 29. 1922 TV, T! t: : :.:met shows liLfl SHARP -FALL ":cned Accounts of .dividual and a Few . cob Aid Pressure. MT TORK. Bunt. Tha cotlen rt showed further ahsrp dr m undsr enntinusd pressure of iflatlon and Houthrrn hIIIiiv 1 '. but aftor Mlllna; off to SU.S for . ember milled to loll In tlis Ui ndlna; nt covering. Pcembir "h4 at I0.U. wlih ths nral an.r t closing etaeriy at a net drclln. of - i 10 point. Tha market opened steady at on rliensed prices to a decline of II I'olnte and eoon weakened under a continuation ef th recent arlllng movement which aa ailmiilatsd by ) favorable views of the Near k-tst rn altuatloa and report of eon tinued free apot ofTerlnca In the routh. Two more private crop re ports were issued, one making the condition 10.1 and the Indicated crop In. 100. 000 bales. The other made the onrililon HO and both report were 'lightly Above th average uf re vlotia figures. J Stop order -were uncovered on the decline which carried October oil to TO 00 and January to I0.lt daring the middle of the afternoon or about 30 to 40 point net lower on the general Mat and nearly 219 point below th llgh record of Heptemhrr 1 In the caee of December oontracta. Offering then subalded and whir there wa no comment Indicating any change In the general newa price allien anarpiy toward tne cioae on overlng. January aold up to 20.4 and March to 20.57 with the clone MESJIE HIGHER New Upturns Bring Out an Increasing Volume of Grain Sales. riKfAOO. BeVr"1: With Anglo Turklah teiiolon at apparently lh' moat critical mate yet. wheal price (xlv averjged higher, hut new up lunu hroughl out an Increasing vol uni of 'il. The market aimed unnettled at a cent net decline to 4 advance, Willi lecemler at HM1 In 1 0J and May 1 to iM- "rn oat lth flnlehed unclianged to cent off and provlnlon vnrylng from 2! cenla los to I cent e" Open. High. Ja. loae. II .: WIIKAT Sept. . . .1 I" lc. . . .1 Mar . . .109'i CORN Sept. . . Pec. ., . May . . OATB Sept. . . . !..., May . . , I ..AMD Oct. , . , Jen. . . . nuns . Kept. . . . Oct. . . . 1 1 1 H I 1 03' .I-'5. ,'4- Ill, 112 11 55 117 110 1 1.01 .:. .i JIM Hi 111 1 0s .1114 .(,9'f .11 m .us 1! 07 1.20 10 0 10.40 NEW YORK STOCK LIST 81 HUh Loar;Cts. A I. Ch.ro. lye.,IS2 ll 1t Am. Het uar.. , ,i s CHICAGO CASH OPtAIN '..n. ,-.u.ssa. oat: No. whit. .mi fto. tl. Kye: No. I 10(110. Barley M 2: timothy aeed 000; clover enowing mcironsor in iu poini 7 . ,b -Jo.uo0IZ.W. from th beat. There were report i '" z of a weather OHturhanre of om aort lt th Florida Coaat, but in all other reepecta th day'a weather new waa conatdered the moat favorable for ticking and marketing and not for th development of late cotton. open. mgn. ixw. cioa 10.40 20. M M.4I 20.7 20.65 Oct. I'eo. Jan. XUr. May 20 it 20.10 20.40 20.41 20.41 10.04 2o. :t 20.11 20,24 . 20.2U Cpot quiet; middling 20. 4. 20 II 20. 20.41 20.47 20.41 ROfOSED BIO STEEL MEMQEaj DECLARED OFF NEW . TORK. . Sept. 2. Th pro nnaed merger of me Inland Steel vimnany, the Mldvale Hieel una Ordnance Company and the Republic 7mn and Steel com pen. v will not be effected. It waa announced today. The eltuatlon arlalng from the action of the Federal Trade Commiaalon In de claring that auch a merger would be Illegal waa declared reaponalule for the decision. . - DRY GOODS NEW- TORK. Sept. 21. Cotton a-ood were firmer and higher today. Percale were advanced cent a yard. New price were named on Spring dree gingham line by pro ducer of the ooaraer grade, and the finer producer are cxipeoted to fol low. Carpet and rugs continued ac tive, with prices hardening. JUurlapa held steady. Silks were fn steady call. The apparel Industry showed greater activity. FOULTRY AND FARM "?,D,UCT t-llliHAUO, 8ejit. 2 Butter and effga unchanged; receipts 4 .14 '; Live poultry higher; fowls Ut! 21 1 spring 1; rooster 14. Potato: Steady on whites, weak on other .lock.. Wisconsin ""; nfta aacked round whltea l.ootol.io cwt: ditto bulk 0t?l.l0; Minnesota Backed Kjirly Ohio 1.00 cwt; Mlnne "ta iacked Red River Ohio. ! .; 110 gwt: 8"iitlt Dakota, bulk Early Ohio j11.00 cwt. unav nilSV MARKET NEW YORK, Sept. 2 -Mutter firm er; creamery eatraa 1 acore) 4IVi 44. Egara firm; freah gathered extra "rat. 60?ai; ditto first. 4JJ4!. Cl!lV poViltry atedy: price, urt changed. Dreaaed poultry firm; west ern chicken, lift 2. METAL MARKET ' NEW YORK,. Sept. 2. Copper dull; electrolytic .pot nd future. 14. Tin steady: apot and futurea 22.17. V3k Arm; No" 1 northern I4.00.4.0u: No J northern I2.002.IM: No. t southern Id.00O27.00. lead firm: .pot r5. Zinc nrm: East t. Louie loot and nearby H5S4.H0. AVtlmony .pot 7.00. , J.IBERTY BONDS " . '' vara VfiKK. 8ent. 21. liberty bond. Closed: Liberty Itt's 100.IW; flret 4P. 100; first 44'a 100.12; aecornj 4Vk s M M- third 44's 9 9; fourth 414 100.1.; viciuiy - " -. . Victory : called. 100.20. iJiiiiiiiiiiiiiiiiiiiriiiiiiiiHiiiiniiiiiiniiiiiiiiiiiiiiiiiiiiiiiMiiiiniiiiiiuiiimmiiii' 1 D OLLAR DAY'- 1 At the Bank- You can not spend your dollar to any better advant- age than you can invest it in a Savings Account in this strong, well established National Bank, especially, since the E harvest interest period is at hand. I AMERICAN NATIONAL BANK, "EVERYBODY'S BANK." 4 on your Savings, Compoiftided 4 times a Year, fiiiiimiiiiimiiiiiiriiiiiiiiiiiiiiiiiiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiuiiiiiuiiiiii? a Saturday Ends Sale Of. I QAK WOOD Order yours while 7 CA you an effect this orj . bf aUU saving. SOUTHERN COAL CO. Phone 760 , 10 North Pack Square ..ai.ai!1MiiisaiumBm'fMWl.W jiuiiiiiiiiiii)iiiiiiiiiiiiiiiiiniiiiniliiiiiiiiiiuiiiiiii:iiiijiiiiiiiiiiiiiiiiiiiiiiiiiiii2 Title Insurance And The Realtor Our Title Insurance policy covers every require ment of the Realtor, whether he is a broker, build er, operator or an investor. It's the easiest way to pass title with the smallest chance of adverse ownership appearing unexpect edly. That's why the reputable Realtor wants Title Insurance. BANKERS TRUST & TITLE INSURANCE COMPANY, 55 College Street. 'Phone 1 351. Sinniiiiiiiii:iniiiiiiiMiiiniiiiiiiiiiiiiiiiuiiHi!iiiiiiuiiuii!iiiiiiiiiMiiuiiiuiiu? JAMES R. BUSH Member Chicago Board Of Trade Private Wires Leading Exchanges Correspondent t THOMSON & McKINNON, , New York Chicago 14-15 Electrical Bldg. 'Phone 1867. -AUDITS LOCK WOOD BONN ELL FlnaocUl Btatrrnenta Bookkeeping Bysmtna Income Tax berUi Room) tlfl-lH Cutanea! Bli1. , rhotia SI7I. Am. fan Am. far 4k IT..., An,. H A I. P'1 Am. int. Corp.... Am. Uw Am. I.lnaeed . , Am. M Kef ... Am. Huaar Am. Hum Tub... Am Tel. A Tel... Am. Woien Aoaoi'iKlft l'p. . . Alci I '11 A C. I, All.. J W I... Malil win Uooo. .. it a Hetn. HI eel "B". t'anadlan l'ac. ... Ceniral Leather . . (Vktnd. Ui'tora ... f O Chi , M. St. P.. fill.. It I. at .. . fm'a-fola Corn Pro.l f ruolble Klrel . ... I'ulia fane 8ufr. Kndl.-Johnaon ... Krle Kani. Play i-Ut. . (pn. Asphalt (len. Klecirie Urn. Motors Ol. Nnr. pfd Cult Htatea Steel. 111. Central I nap. Copper Int. Harvester ... Int. Mrr Mar. IrfU Int. Paper .. Invincible Oil KallyJSprlna. Tlr Kennecott Cop I It N T. P.. C. O. . Bis Hlf h Low Cloae M MVi ; m . S Hi ,uvi . 4, 7i 7 ? 141.1 U i . 101.1J1 V 1J0S,1JU ., n, a;. si Mi .. Mi ) S SH . ir it in.) .! s siu iii a. II Unit l.'UVlHll I . 41, 7i 7 ., U 61 lt tli ., !!,10I1.,l(lSiUi4j . 4 I1IS.H ill', . II 19 , m IU . 4.1 HIS ll'ife, Ul l 4S 61 W I 4 .) 4 74 72 71H .1 11 il 141,1411 .' lit, 4lSl lS, 40 . 140 1 Va I J .; ii 711. lis; us ., 17 IIS,; Hi IKt. t 4iSi 4iS 4S 1I4 7H 7U 71 107,114i lll lll't Uli 17 i 14 H II. It II 17 S4 t:s ; us. mi. A .1 .!. ' 1 ' i.i' aaa 6.174 173. 174 " H 141 14 It it IS lit! I7H SI II 4i,iu;lii;iii 6 141 o II; II 7,101 17 t It M Hi U Sli 40 S! 14 7 114 II 14 1116 IS 66 I4S ID SIS 134 lltt 1144 106 65 66 W 40 Uli 114 Mexican Petro. ... Mid. Btataa Oil.., Mldvale Bteel .... Mo. i'aeUlo N. T. C N. Y.. N. H. A H n, a w Nor. Paclflc tkla. P. Hef... Paclfle Oil l'an-Am. Telro. ., I'enns Ivsnla . .... Pure Oil Headlnc Hep. Iron Bteel. Koy'l Kulch, N. V. HI. U A B. F H. A. L. nfd tilnclalr Oil Re 165; lltt Hloae-hef. 8. a I.I 1 47 Bou. Paclllo Hi Sl sou. ny 47 za 14 ii7 in: 44l II, II m; 141 n :o, ii; ii til S7 I . u low! jIYiiv in in 41 SJ I4 II 4, Itt! Stt. IV, 1 II II lit Stt SPECULATIVE DEHLEHS RENEW BEARISH DRIVE .101. Hi 4.1 Ii 177 7l 1 It, 4 47 : ii ii II; 77 71 147 1 411, 671 l in :i I-; 14 14 SI 47 II 4 Hon. Ky. pfd I li II n. u. ot .v. j. pro. : iv. I IDS 4S 77 47 It 71 l 17 17 tt 14 lltt 47- m 1 INI fltudebaker Corp.. 141 IS li;l:5 Tenn. Copper Teas. Co. ... T. P. ..... Tob. Prod. .. Trans. Oil . . I'nlon Paclfle United Knilt VI. B. Food Prod.. U. 8. Ind. Al t'nlted Ret. Stores IT. 8. Rubber.... U. 8. fitI....A. V. 8. Bteel pfd.. Utah Copper ... Vanadium Corp. Va.-Caro. Chem. Western Union , Waatlnir. Klec. . Ray Con. Cop... Chlmr Copper .. Reynolda Tt .... Miami Copper .. C osden A Co...". I! , , 7 47, 44S 4S 11 II 17 J7 61, IV! 11 l 11 II I 11 10 14,H7 147 1. 144) 141. 141 li S SMI 4 l I IS I SI 1 I0 71 78 73 61: 41 SI 111 l03;ioijioi 1171 41 47 I 4114 I IS I 111 211 K II 14 !4 41 66 II 27 !244 49: 111 45 44 II 111 12 HT 21 64 17 48 lit I 46 21 111 2 14 21 64 27 41 Ne-vr York Bonds. FORCION BONDS Argentine 7. iximln. of Canada 6a. French Republic 7. Kln.dom of Rela;lum 7tt Klrvadom of Denmark la Balsa Confederation la u. k. r (;. n a i. 6.. in?... I'. B. of Hraill s v, U. 8. of Mexico 6. . J inn, 1U1 1(11 V 131 mi 121 66 RAILWAY A MISCELLANEOUS Amer. Afrrl. Chem. 7tt... Amer. nmen. nrr. aa Amer. Suf.r 4. Amer. Tel. A Tel. cv. Is Atchison sen. 4s A. C. L. l.t 4. ..! B. a O. ev. 4. Betthlehem Steel ref. 6s...,.,,;.. fen Ira I of Oeorl Is Central Leather 4a C. ft O. ov. 6a .................. Chl B. ft Q. ref. 5s Chi., Mil. ft St. P. cv. 4. Chi.. R. I. A Paa. Ttt. 4. Chile Copper I. Olorado A Houthrrn ref. Is.. Cuba Cane 8u(r 7a ienver at kio uranae Imp. Is... Krle ten. 4a ; Qoodyear Tire la, 1111 111. central rer. 4a Int. Mer. Marina la Kana. City Sou. ref. 6s KellyJSprlnjrflehl Tire Is u. a f. rer. 6s , Mexican Petroleum Is K Mo., Kan. A Tex. pr. lien 6s.... Mo. Paclfle gen. 4a N. Y. Central deb. I N. A W. v a Nor. Paclfis- 4 ,. Pennsylvania gen, 6s Readlnc gen. 4s Republic Iron A Steel is... St. U. ft . F. adj. la............ 8. A. L. con. 6 , Slnolalr Ol) 7s ,. Sou. Bell Tel. 5. , Sou. Pacific cv. 4s , Sou. Railway 6s Sou. Railway Itt. Union Pactflo 4. U. S. Steel as Va.-Caro. Chert. 7tts Wllaon A Co. 7tt. 8. A. U 6. , Sou; Railway 4a 103 9.1 U, 102 114 II SU 16 tt lllOtt 01 6 101 71tt 4 16 81 II . Sltt Htt 12 1 101 15 104 VI 15 66 104 T 117 10 100 16 97 S3tt los 97 92 97 102 S 103 106 106 27 4W14 SAVANNAH SAVAN'XAH, svpt. w. -Turpentine steady, 1.10: sales 200; receipts 484; shipments 2.132; atock 10. 111. iRoain firm; aalrs 1,833; receipts 1,(74; shipment. 3.190; atoclc . 103,273. Quote: B, p. E. F. O, H. I. K, M. 5475.62r N, B.0i9S.S7tt; WO, S.10 ti.b; WW, M0J.44. LIVE STOCK. CHICAGO OUTOAOO. Sept. rs Cattle Re ceipts 12.000; choice and prime beef steers and yearllnge atrona; to 11 cent. niaoer; top Deer ateers Zi hlrher at i.'.je; lower grades rather slow, un even, about steady; bulk native beef steers 60 w li.oo: western crasser about steady; Sprlner Montana 7.(M Of.fo; aom uanadlana 7 6ol.0; several loads native beef ate era and yearling: a 12.00; veal calve, mp.tly ateady to 26 hlciher; other classes gen erally steady; In-between grades butoher cows and heifer uneven, slow, lower In spots; bulk bologna built 4. 1694.36: bulk beef cow and heifer. 4.6007.26; bulk desirable veal calves 12.0$12.60. Hons Receipts 25,000; mostly 10 to 20 lower; packer grades off least; bulk 190 to- 210-ipotuid averages 10.40 10.60; early top 19.40; bulk 1.670 pound average. lfl.00O10.34; good 170 to 109-pound butcher. 1.76010.10; bulk packing sow. 7.40 1. 25; desirable pig. 9.00C9.T5. Katlmated holdover 12.000. Sheep .Receipts 14,090: native lamb, ateady; top., natives 14.76 to city butchers, 14.40 to packers; bulk 14.00 014.60: culls mostly 9.0009.60; five cans Washington lambs, half op more feeder., airong at 14. IS straight to yard trader.; feeder strong; one load 14.15 to country; aheep ateady; choice 110-pound fat ewea 1.76; light fed western wetiher. 1.25. ' NEW YORK NEW TORK. Sept. 28. Cattla Re ceipt. 731: no trading. Calves Receipts 1.340: steady; veali 9. 0015.60: cull. 1.008.00; common to good western. SMttl.00. Sheep and Iambs Receipts 6,260; lower; sheep 1. 5094.00: culls Z.OUfht I. 00; lambs 10. 0015.60; culls 7.00 9.00. Hogs 'Receipts 4.380; lower; me dium to light weights, Including pip". II. 6011.75: heavy hogs ll.00itfll.6U; roughs 1.0001.60. MAIN TREND OF BONO MARKET IS DOWNWARD For BUILDERS' HARDWARE , 'Phone 2747 Central Hardware Company 21 Biltmore Ave. Tn'EW .TORK, Sept. 21. Weakness of French and Belgian Issues, which sank to the lowest levels In several weeks In response to weakened ex change rate and Increasing tension over the Near East, situation, was the outstanding development in to day' bond market, the maJn trend of which waa downward! Frenoh 7tt's and I'a amd Belgian I'a declined less than a point, but losses of 1 to ltt look place In Solseons i, Bordeaux l', Marseille. S's and Bel gian 7's. Framerlcans 7tt's drop ped 2''4 point. However, Braxil 7's and Mexican I'a moved upward, each gaining a point. A S-polnt break In Chicago and Northwestern general 6's of 1887 was the moat noteworthy development In the rail list, which developed several weak soots. . Cerre de Paaco I'l continued under pressure, yielding more than 2 points. Invincible Oil Is fell back ltt and loves of approximately a tielnt were noted In Republic S's, Wilson convertible 6 s and Uoodyear I'l of 1941. Total tales, psj valus, wer 111,-432,000. New York-QuoUtions Close Steady at Net De cline of 2 to 10 Points. V'KW YORK, Bept. II. Speculative opetatora renewed their attack on prlre. In today', atot-k marVet being aalated by liquidation of aome wtakened speculative accounts of In dividuals and a lw pools. The de clines, however, were not as exten sive as those of yesterday and some extensive short covering In the final hour, brought the prlcea of a few Uaders above yeaterday'a closing quotation. I'leaalrraa In European financial circle, over th Near Kast situation sa reflected In the further weakness of foreign exchange, and llio marking up of rail money to 6 per cent aided the bear faction. However, evidence tlist th current reaction 41. Influ enced more by technical considera tion than by development abroad, was apparently the fact that rumors of a clash between the British and Yurklsh troops which were circulated throughout th financial district In the later afternoon failed to heck the rally then In progress. There were Indications that large Interests were accumulating aom of th hl(l grade atocka on the downgrade. Th principal decline today ' took place In atocka which had been the subject of extensive pool operations tiut the market generally offered more stubborn reslstsnce to selling pres sure, Indicating good support just be neath the current levels. United States Steel common euceesafully withstood th. attack of short Inter ests. Rail ahare were Irtegular. but moat of th. variation, were leaa than a point either way. There wa. a fair demand for th. St. Paul lasues upon publication of the August earnings statement, showing a gain of nearly 1500,000 In net Income over Auguat, 1921. Kqulpmenta came back after . an early display of weakness In some of the favorites, American and Lima Locomotives advanced 1 to 2 points and Baldwin was up nearly a 1-2. In the specialty Hat. Coca-Cola waa quite active, registering a net gain of more than a point. Total aale. were approximately 1. 050,000 altares. Call money opened and renewed at 4 1-4 per cent, but Jumped to 6 dur ing the noon hour, holding at that figure until the close. The time money market was quiet with vli . tually no change In rates, but Increas ing activity wa noted In the com mercial paper market. Demand alerting bills broke under 14.39 today, the decline being at tributed to the heavy buying of dol lars In London and the disposition "f buyers on this side to await develop ment. In the Near East before makinT any extensive purchases. French ex change was quiet and there were few Important fluctuations In the other European rate. . JAMES R. BUSH MARKET REVIEW STOCK I.KTTER Despatch, to day from Turkey wera bar of d fliUt new but many rumora of n ..m Mjyn aooeared and caua greater apprehension than heretofore. While atocka showed fractional gains generally at opening, advances were short-lived and ewlngs failed to hold. A the session advanced, supporting orders under the market fade-l away and In the afternoon new Iowa were numerous. Absence of buying power but slight Improvement In lecnulcal conditions and greaW tension in connection with foreign affairs strsngthens our belief that long llnea should be reduced of absolute safety. WHEAT L.KTTKK Wa ar be liever on construct lv .Id. of grain values. W think they ar easentlal to prosperity of the farmer and of the country at large. W don't be lieve that prlcea so low as to Im poverish our fsrmlng class do th foreign buyers any good. The small difference betweeu what ha pays, and which meatia prospsrlty for our farm ers and that which ha fy. that spells Impoverishment of our grow, rrs. ruts no derided figure In his exchequer nor mskes a vsst difference In the amount he buy. But when our price are advanced on war talk or bulllah sentiment let us remember a few things anS count our blessings by accepting fair wheat prlcea Let ua remember that alnc September 1 the three Northwest Canadian provinces have marketed or sold 75. 000,000 bushels of wheat, that alnce September 1 Winnipeg ha. received 60,000,0000 bushel, of thl. wrest and since September 1 Minneapolis and Duluth have received 35,000,000 bushels and that thl. wheat la headed for the vl.lhle .upply; that the for eigner 1. buymg futures forjils needs and not "boat loada for export," and our only criterion or proof of export buying of United Stale, wheat will he the actual clearance at seaboard and Gulf, Ports and that this is slow proof of business done. Buy wheat when unduly depressed, yes, but af fair prices, and when bulges occur, II It with freedom and confidence. NEW ORLEANS COTTON. STICESUTE BULGE Over-Sold"and Sold Out Market Touched Off ny Pricing Rumor. NEW OIU.EANS. "P- S -T1I the cotton market waa depressed to- day. during almost tn enure , it made a surprising show of atrengtn, all of a sudden In the lata trading, i..,lin mniM than I a bale and rls- ln fr,,m net declines of 31 to 43 polnla to level. I point, under to T points -over th cloa of yeterday. Ilroker. generally considered that thl. rally wa. due to an over-sold and so Id -out market and waa touched off by reports that spinner, were fix ing price, on an extensive seal and by efforts of recent short sellers to get their profit. October, after fall ing aa low as 11.60 cent. S pound, reacted to 1991 and cloaed at 1989. On the close the list showed net tosses for th. day of 1 to 6 points. Continued unfavorable political newathe beat of weather for pick ing over th entire cotton region. absence of any apeclal apot demand and further preaaur from hedging made a lower opening and caused a sagging market during th greater part of the day. Well after mld-sesslon the market commenced to hear much about spin ners fixing prices on spots while a considerable covering movement ap peared on the short side among trad ers who wanted their profits with the result that from then on the tone waa much stronger, for a while the advance was at a aensatlonal pace but Just on the close It waa checked. WANTS Open. 19IS 106,316. REPORT OP CONDITION OP BATTERY PARK BANK BAR SILVER NEW TORK, Sept. 28. Foreign bar silver 19; Mexican dollars 64V WE BUY ANYTHING v . and SELL EVERYTHING Structural Materials a Specialty. All Sizes and Lengthsof I Beams S. Sternberg & Co. Depot Street Phone 333 at Ashevllle, in the State of North Carolina, at tha clone of business, September 16th, 1922. RESOURCES Loan, and Discounts, T2, 134, 410. 45 Demand Loans . . 19,860.00 Overdraft; unsecur- 1 ed 801.10 United States Bonds and Liberty Bonds; par val., 183,000.00, 73,700.00 North Carolina State Bonds 75,000.00 All other atocka, bonds . and mortgages..... 26,000.00 Banking Houses, $5,- - 600; Furniture and Fixtures, 149, 199. 26. 104. 199.26 Cash in yault and net amounts due from Banks, Bankers and Trust Companies. . . 681.766.78 Cash items held over 24 hours 39.118. 67 Checks for clearing.. 29,239.92 Total 3,083,676.08 LIABILITIES 100,000.00 100,000.00 Capital Stock paid in, $ Surplus Fund ...... Undivided Profits, less current exnenses and taxes paid Unearned Discount. . . Deposits Due Banks, Bankers and Trust Companies 119,800.38 Deposits subject to Check 1,668.808.44 uemand Certificates of Deposit Cashier's Checks, out standing Certified Checks Time Certificates of Deposit, Due on or After 30 Days Savings Deposits .... Accrued Interest Due Depositors Reserve for Deprecia tion of Furniture and Fixtures Reserve for Deprecia tion Banking House 2,250.00 " Total 3,083,678.08 mlddlina 11.76 The war like tenor of advlcea kept J middling 20.76. wnear nrm inaay ana we must ex pect sharp fluctuations while new. runs thl. way. COARSE GRAIN'S Vnderlylng new. an corn I. all favorable .to holder., rash prices hold strong, hog. still firm around 10.60. We still advise purchase of December and May. Oats take their tone from corn. Oct Deo. . . , 1911 Jan. . . . 19.98 Mar. . , , 19 95 May . . . 19.94 rot cotton ateady, 26 lower. on the apot 42; to arrive 1.912. High. 19.91 19 99 20.44 20.0S 20.00 Low. Close. 19.60 .! 19.63 1967 19 II 19.13 19.13 19.13 19 97 19.93 Sales iow AUTOMOBILES FOR Hijjf AT"AVCTI0NrtHAS7stP PHENS' FARM CUT I TO SMALL TRACTS RICH AND FERTILE SELLING -A T YOU 6 PRICE. WEDNESDAY OPT Ath 9 P .TIT J C.; J. JEFFRESS REALTf v COMPANY V SALES MANAGERS J. T. HORNEY AUCTIONEER "DRIVE 'EM YOURSELf Now 1123 Balck. by the mils, wk or month. Cadallln and Uudan. 7 passenger with drivers. phn.. 002181. CALL 73 LIVERPOOL SPOT COTToVl LIVERPOOL, Sept. 21 Spot cot ton hy. Increased demand; prices easy. Good middling 1293: fully middling 12.71; middling 12.43; low middling 12.23; good ordinary 11.31; ordinary 19.19. Sales 4.000 bales, Including I. 000 American; receipts 2,000 bales, no American. Futures closed easy: September 12.15; October 11.95; ue cember 11.71; January 11.71; March II. 12; May 11.61; 3uly 11.14. REPORT OF CONDITION OF Central Bank & Trust Co. at Ashevllle. In the State of North Carolina, at the close of business, September 16th. 1922. RESOUUCK8 Loans and Discounts, f 3,955,139.16 Demand Loans 114,489.65 Overdrafts, secured , 83,432.20; unsecured 86,126.37 United States Bonds and Liberty Bonds. Revenue Stamps All other stocks, bonds and mortgages.... Banking Houses, none, Furniture and Fix tures, $82,207.51.'.. All other real estate owned . Cash In vault and net , amounts due from , Banks, Bankers and ' Trust Companies . Cash Items held over 24 hours 4,268.27 Checks for clearing.. 35,342.71 Trust investments. .. . 841,749.99 Total .7. . . . 6,239,421.61 LIABILITIES 9,558.57 168,750.00 600.00 181,400.00 82,207.51 2,000.00 866,015.85 middling 20.00; good,) nei'Bipis s,t; aioca BUSINESS J)PPORTUNlTiS . SALES MANAGERS" AT AUCTION.' WEDNES. DAY. OCT. 4th, 10:30 A M. BUSINESS LOTS, i PART OF THE BLACK1 VALLEY ST., ON BILT- MORE AVE. C. J. JEJFRESS REALTY COMPANY SALES MANAGERS N J. T. HORNEY AUCTIONEER DRUGGIST Best available loJ tlon for drug store in Arlsonr climate unexoelled; university; If able to finance, communleati with Thomas K. Marshall, Tuc son, Arisona. ST. LOUIS CASH GRAIN ST. LOUIS. Sept 28 Calt wheat: No. 2 red winter 1.11; No. 1 red 1.11(9 1.15; September 1.054; December 1.044. Corn: No. 2 yellow 15; No. 1 yellow 14 H; September II asked; De cember 69. Oatl; No. 1 white 4UW 4fl; No. 1. white 19H; September 17 V, bid. COFFEE MARKET NEW TORK, Sept. 28. The market for coffee futures loat good psrt of yesterday's rally owing to lower Hlo exchange rates and reporta of slightly easier firm offers of Rio coffees. Oc tober 9.13; December 9.21; January 9.26: March 9 31; May 9.30; July 9.20; September 9.11. Spot coffee steady. Rio 7's 10B 10V; Santos 4'. 1415U- Rev. Simpson Goes To Greensboro Church (StKUt Ctrttpmimn Tkt Jtitmttlt CIHtem ) ORBB.VSBORO. Sept. 28. Resigna tion of Rev. T. W. Simpson a. pastor of the Reynolda Presbyterian Church at Wlnston-Snlem wa. accepted at a meeting of Orange Presbytery held here Tuesday afternoon. Kev. Mr. Simpson resigned in order to accept the position of assistant pastor of the First Presbyterian Church at Durham. , At the same time the Preabytery received Rev. S. R. Hope, of Charles ton", S. C. Rev. Mr. Hope has ac cepted a call from the Presbyterian Church at Madison. A committee, consisting of Rev. Dr. J. I. Craig Rev. 8. M. Rankin and E. I. Ander son, was- appointed to Install Kev. Mr. Hope at. the Madison Church on tha third Sunday In November. .: FARM3 A PART OF THE FAULT NER & KENT FARM NEAR BILTMORE FOR EST DE VELOPMENT . AT AUCTION'WEDNES. DAY, OCT. 4th. 3 P. M. MUSIC BY THE BAND FORE.ION EXCHANGE NEW YORK, Sept. 21. Foreign 4i change ase- Great Britain. tlemaM 4.38; cable 4.19; 40-day bills onJ banks 4.349.. France, demand J.nf cables 7.67. Italy, demand 4.22; ci t hi.. A MU Tt..lM A J n . T S " - .. uciiihiiu l.lf; cables 7.13. Germany, demand H' cables .06 1-1. Holland, demand JI.OTi cables 18.74. Norway, demM 17.00; Sweden, demand 26.35; Den mark, demand 20.15; wlt.erlAnd. de mand 18.64: Snoln. demand is i? Or.ec. demand 2.20: Poland, demsnn .01V.; Cxecho-Slovakla, demand t.vrm- Argentine, demand 66.37; BraaU. de mand 12.00; Montreal, 100. CALL MONEY NEW TORK, Sept. 21. Call mrmn firmer: high 6; low 4Hl ruling rata 4U; closing bid 5; offered at fH; last loan 6; call loans against accept ance. 3. Time loans firm; mixed collateral. 60-90 daya four six months i; prime commercial pa per 4 Vi f. 1 . . SUGAR MARKET v' ; NEW T3RK, Sept. 28. Raw ueu waa firmer today and prices were higher, with snot Cuba, now ousted at 3 3-32, cost and freight, equal tt 4 87 for centrifugal, and October ahip- menta at 3H cent, cost and iretgni, equal to 4.90. October 1.20; Decern, ber 1.29; Maroh 1.16; May 8.26. 66,221.18 24,159.08 4,962.59 14,860.45 4.219.66 693,695.46 374,414.90 15,000.00 6.693.98 17,119.67 12.00 State of North Carolina, County, of Buncombe, Sept. 27, 1922, I, S. A. Hubbard, Cashier of the above named Bank, do solemnly swear that the above statenient is true to the best of my knowledge and belief. S. A. HUBBARD, Cashier. Correct Attest: HERMAN A. GUDGER, JR. D. C. WADDELL. JR. C. RANKIN, ;. s - . Directors: Subscribed and sworn to before me. this 27th day of September, 1922. ROBERT C. TIDDT, Notary Public (My commission expires May 30th, 1924.) 1 Capital stock paid ln.$ 100,000.00 8urplus Fund 100,000.00 Undivided Profits, less current expenses and taxes paid Dividends Unpaid.... Notes and bills dis counted NONE. Bills Payable NONE. Deposits Due Banks. Bankers and, Trust Companies 1,127,994.16 Deposits ' subject to check 2,615,051.38 Cashier's Checks, out standing .......... Certified Checks .... Time Certificates , of Deposit, Due on' or After 30 Days. .... Savings Deposits Trust Department.... Accrued Interest Due Depositors '. Reserve for Deprecla- tion of Furniture and Fixtures .... 13,889.98 Total 6,239,421.61 60,437.62 6,364.82 465.723.55 896,078.44 841,749.99 6.000.00 . fStntA nf "Knriy. ParftMnn fnnntv of Buncombe, Sept. 27, 1922, I, J R. C. Davis, Cashier of the above R. C. Davis, Cashier ' of the above named Bank, do solemnly swear that the above statement Is true to the best of my knowledge and belief. " R. C. DAVIS. Cashier. Correct AtteBt: CANIE N. BROWN, PHILIP R. MOALE, J. AJSINCLAIR. " Directors. Subscribed and sworn '- to before me. this 27th. day of September, 1922. C. W. TREADWAY. Notary Public (My commission expires June 18, 1923.) PLASTER Direct to Builders . Mr. Builder, we can supply you NOW with1 plenty of Agatite Cement Plaster and White Rock Waft Plaster. T" . ;. " They are natural plasters mined from pure Gypsum Rock and just what you need for strong, durable walls. Adheres to any prop erly prepared plaster surface and improves with age. . Order will receive prompt attention. " Southern Steel & Cement Co. Phone 974 "Building for the Future" 10 N. Pack Sq. COMMOX BRICK TAPESTRY BRICK ROI.Ii ROOFIXG " ATLAS PORTLAND CEMENT CRUSHED. MARBLE MORTAR COLOR LUMP M3IE and other building materials. MUTT AND JEFF mm By BUD FISHER fjefF, x w.m piwe Bucks ) f oysTCies per m seAowA ..- "So,., "" f 1 i ' V on a Hodsjs Rac T0DAV S AGAIN So cuClx So ou( ( 6VSTfi YWY , K. ' 1 LISTEN- Do V TT , s So I'm ginwA Blow ) To TW cysTC-R Howsel f- CTW wMJie' N.IN,i? Y0 IN'C I I rjUR rSrYJl V'1 TO A TWsTfcTY ttfcuC THAT .. Is ; . lfA, MOiC) j" J HAIF- RAW OYSTERS rCNEvV 1 f A
Asheville Citizen (Asheville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 29, 1922, edition 1
14
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