Newspapers / The Wilmington Dispatch (Wilmington, … / Oct. 29, 1916, edition 1 / Page 3
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j " r;0: ; " ,. U-l page three - sagsa-- . mi. . , ,, . i ii i i - M . mu ' i "", j-'-jiMiut i i i- i i -i ii i a ,. urn . 1 - ' i a iii i n n I. i Market Review and Marine arid Weather News j-"1 COTTON LETTER. v COTTON. i of overnight prices declined Y ovor New York, Oct. 28. Followine- con. i Siderable irreeularitv tho Ne,v York. Oct 28. The talk ket today closed 10 to 20 points net arouml the streets reflected no partlc-1 lower. ,r news feature to explain the un-l At , llLir. Hn . .. A the openmg the market encoun- stway ' - " " V""" " , tered an accumulation ever, u" - selling orders and .j r f Vi o nronnnneranoa r I ... jttnouif" rather sharply. ,rnment. changing from the bull . towards conservatism, and there Ljf?embf.r Started 10 points lower, Sl"e . ...... DUt the aCtlVA Tiraitira tiinrn IK OA viiknce or a great aeai, or aisap-' ... . r " w ont on the part of recent buy-'ITr UKS semu8came irom the failure of continuance ' . ow"-" 8?' ,lh(1 strong tone the market has re- tpW, 4mTo w "UL"r" 1U" 1 , 1 lerests, while the buying at best was nth demonstrated. While we are ((ni.j T. 6 1 ''uU- -4. scattered. Liverpool purchased a . ,iviii"itm? snort sales it. iq onri - . v-..v.v " not ; ' . 7" moderate amount of Julv. After the lu-he tnat tor tne me oeing tne call prices ralHed 6 to , n - d e .-,t' t hp rise has culmniate.n. nmi 1 . . . - . ,reM ... - lo an increased demand at the lower ve strongly advise our friends to go,levelSf but the upturn was followed very ,iow in making commitments on;by renewed weakness, with the mar: i;it, long side, and to those who havet selling about 27 to 31 pointg net ioag c otton we suggest taking profits iower during the middle of the morn ff.:th a view of replacing-atrmaterlallying. This break carried Mav con. lower levels. Liverpool is due 15 tracts off to 19c, or to within ten points iowei iui uuai,. xu uul- points of the lowest level reached on ton seed oil market is more or less the decline of Thursday. ui-iir influenced by the action of cot- A j . , . Lieiiif j 1 . A firmer tone nrpvn.ilpi in thA Inst .on. f mu "w. - "'-'-ihalf hour and nriPs mllipH nlmnst . ..f-Tlll W - 1 I II I I i Ml I W SMI I I II V 1T highest price ever reached since r LOCAL MARKETS. feggs, dozen .. . 32 Butter, lb . - 22 28 Spring Chiikena, eact 20 0 40 Hens, each . 45 65 Puddle Ducks - - Guineas 300 SS Beef . 80 10 Sweet potatoes, bushel 750 1.00 Irish Potatoes, bushel ... .750 1.00 N. C. Hams, lb 23 N. C. Shoulders & Ribs Ifc 170 18 Field Peasy bushel 1.000 White Peas, bushel ...... 1.500 Corn, bushel.. .. ... .. .. 1.000. N. C. Peanuts, bushel 550 65 Spanish Peanuts, bushel 800 85 Virginia Peanuts, bushel.. . 650 70 Granges Korlda .. .. .. 4.000 Limes, per 100 1.250 Bananub, tranch. .... .... 1.000 1.50 Lemons, Fancy 8.00 Apples 3.000 3.60 Bell Peppers, bushel 75 Onions, per tvck 4.00 STOCKS. i STOCKS. motors are manipulated by bankers who ...sfitvgiT .tiiA.tradexs any chance of? inaking money. There. Is so much Inside work Tjeing done that the Street is aMays expecting tricks of manipulation WHEAT. LET SHR1ER DO .... . vaiiv is subject to drastic swings v advise extreme caution in oper ,m tlio Inns'- sile. as in our nnin. llUllt- Vii O r " " j0U oil can be purchased much cheap rr a little later on. JOHNSON, STORM & CO. CALL MONEY. to the highest of the day on covering H 11 f tf Q Tn Hi aV rrnr nivniil or V-t o ,v,e mai-Kei uas uCCU luimeu, au ic-,wall Street house and reDorts that war risks from New Orleans had been reduced half per cent. The market I at Liverpool was not in session. Port ' receipts for the day were estimated J j at 50,000 bales, compared with 46,012 last week and 43,820 last year. Spot here was quiet and 15 points lower i at 18.85; spot at New Orleans was j nfliot anri linrVi a n croH at 18 !9 Ttiol nv York. Oct. 28. Money on call sales were 1,527 bales. Port receipts n the New Yogk stock today ran be-jat New Orleans were 12,914 bales. tven - ana . - per ceni. kjii mori- j.ne unromcie estimates tne thiv the range was 2 3-4 and 2 1-4 per world's visible supply of cotton at .. Tnoodiv 1 nnrt 9 tier ron- id fid1 5fiR haloa rnm ra K A9 . v.cir.esday. 2 1-2 and 2 1-4; Thursday, C10 bales last year. ; and 2 per cent, and Friday, 2 1-2 and - 14 per cent , NEW YORK COTTON. Time money remains tne same as on the previous day and rates show December !.,) Quotable change. Mixed loans 3 January 1-2 per cent for 60 days, 3 1-4 and 3 1-2 March WILMINGTON NAVAL STORES. Spirits 43 1-2. Rosin $5.60 and $5.35. Tar $2.60 and 10 1-2 cents. Crude $4.00, $4.00 and $3.00. (By Broaden Wall.) New York, Oct. 28. In the state ment of actual conditions at the close of business Friday night the New York banks today showed an increase on surplus reserves of $11,356,270, in loans of $34,845,000 and in net de mand deposits of $48,016,000. T.he average statement showed an increase !in surplus reserves of $29,719,450, a decrease in loans of $16,165,000 and an increase of $449,000 in net demand deposits. These figures suggest that there has been a large increase of specula tive buying toward the end of the week. The increase of surplus in the face of such a large increase of loans and net demand deposits is due to the arrival of so much new gold from abroad. The statement explains why the banks have been urging the brok ers to borrow money on anything the 1 last week. There is hardly a stock so worthless that it will not be accepted a good following, Allis-Chalmera (bid) : . American Beet Sugar . ... American Can v American Car and Foundry American Locomotive . . . American Cotton Oil . . American Smelting . . American Sugar . . .... 25 3-8 It Is Impossible to Buy Finer Clothes For The Money. Installment. Mr. 1. Shrier represents the Inter- Receipts. Cotton 787 Tor. 9 ! 11 (By Joseph F. Pfitohard.) Chicago, Oct. 2$. The . one word, i congestion," covers ! the situation" in 1 Under proper pool' the wheat market fairly well, but the management the motors would have tightness of the offerings during thei last week will fail to compare with the ideas 'of holders during the next week. It was almost impossible to , 103 1-4 make any purchases of December j C2 7-? wheat during the last three days of! 67 3-8 he week just closed and the May! 82 3-8 future was tighter as the week wore j . ; away. Speculators generally specu-' 1111-S lating were asked to reduce their, natlonal Tailorine Comoany. the laric- 122 , commitments, but this advice.; failed esj taiiormg establishment in the American Tel. & Tel. 1331-8 to cut any figures in the matter of ccuntry making fine clothes for men American Tobacco (bid) .... ..225 .trade, which was the largest ever and young men. At the store of Mr. Anaconda Copper 951-2 known in the history of the board, j shrier vou can have your clothes Atchison 107 3-4) The December future Bold this week . made exclusively to ytiur own indl- Atlantic Coast Line (bid) 119 , between 172 1-3 to 190, the May be- i vidual measurements from fine geriu- Baldwin Locomitive 831-2 tween 172 1-2 and 187 1-2 and the July lne aii wool fabrics, ;a?rorea by ex Baltimore & Ohio 881-2 between 141 and 152. Closings were j port craftsmen, smartly styled and Bethlehem Steel (bid) 645 ( around the highest marks of the week, in every cense of the word first-class Candadian Pacific 174 3-3 and the und-ercurrent was one of re-j tailoring. Chesapeake & Ohio 69 j markabie strength. There was much; From 'ttree to five thousand sam- Chieago, Mil. and St. Paul .... 94 3-4 in the conditions surrounding wheat J pies of the best material gives you Chicago, R. I. and Pacific Ry . . 32 3-3 to favor the bull longs. Exporters an opportunity of selecting a suit Consolidated Gas , ..139 j bought every pound of the cash article J that win not stand out in any well Crucible Steel .... 87 5-8 available and they in return are said dressed set 0f men. The fabrics are Erie 39 j to have changed the December fu-j verv SUDerlor in point of design. General Electric 1811-4 ture over for cash. The scattered Great Northern pfd (bid) .. ..1181-2 short interest in December is expect Great Northern Ore Ctfs 43 3-4 , ed to experience great trouble as well Illinois central (bid) 108 Inter. Merc. Mar. pfd. ctfs 114 3-4 as collateral for the banks are anx-1 Kansas City Southern 27 1-2 ious to get their money at work. Dur- Louisville & Nashville 136 1-4 j nounced price gains will be establish- as heavy losses in evening up their position and for this reason many in the trade expect that further and pro- SAVANNAH NAVAL STORES. Spirits 44 1-2. Rosin $6.20 and $6.25. LIVERPOOL COTTON. Exchange Closed. ing most of todays' sessions this was Liggett & Myers (bid) 280 rather free profit taking in the stand-' Lorillard Co. (bid) 222 1-2 ard issues. The result was that such Maxwell Motors 86 7-8 stocks as steel and Union Pacific , Mexican Petroleum 1091-4 " ' showed net losses. Coppars were the : Missouri, Kansas & Texas pia i most active features of the day, new J Missouri Pacific 10 ! high records being made by Utah, 'In-! National Lead 68 1-2 spiration, Chinno and Magma. All . New York Central iu suffered reactions. j N. Y., N. H. & Hartford . . ..60 3-4 In connection with the advance of j Norfolk & Western 143 Utah Copper it is reported that the j Northern Pacific 1111-2 directors are Dlanning to pay out in Pennsylvania 58 1-2 one dividend tha surplus earnings cf Reading .. 108 3-8 ed. In many sections of the two great every new weave ana coior ot tne season being shown in these sc.mples. You are invited to' go and see them. Mr. Shrier will take your measure and allow you to pay the easy pay ment way, only a small initial pay ment down at the time your measure is taken, and thereafter weekly pay- ments made until your suit is fully wheat belts farmers are refusing to ;. paid for. The prices will more than sell their surplus wheat even at the satisfy you can buy a suit fromj$15 to $35 with a value attached to each that is unapproachable. Suppose you call in and see Mr. Shrier tomorrow, (advertisement.) NOTED MINISTER COMING. ( igjg. This payment will probably ; Rep. Iron & Steel 77 7-8 j unchanged sensational price fains established. Deliveries by farmers are growing r-maljer day by day. The corn market was not in a posi tion to absorb largely increased offer ings in the way of securing profits on long grain and there were declines of to 5-8 for the more deferred mo ths while the nearby future wa months. Mercantile paper, dull with very, little high class. Dates 3-4 and a half New York Spot 18.85. Open. Close. 18.97 18.85! 18.90 18.83 j 18.95 18.97 1 19.09 19.10) 10.10 19.13 1 Announcement was made last night . come early in 1917. , It is estimated Seaboard Air Line 17 that Rev. George R. Stuart, D. D., jas njgn as $45 a share. Owing to the 1 Seaboard Air Line Pfd 39 one of the ablest ministers of the , interlaced ownership of Utah Copper j Sloss. Shef. Steel & Iron .. 621-2 South, will lecture at. the Boys' Brig-'cn a dividend will revive the whole Southern Pacific 100 3-S ade Armory, Tuesday evening, Nov. Lnnnpr iiqt ! Southern Railway 28 5-8 . re 7, under the auspices of the Finn Avenue Methodist church Epworth for On to days; 3 1-2 to 3-4 for four, Wilmington Cotton 18 1-4 five and six months. j Charleston Cotton 18 3-4 I Savannah Cotton , 18 3-1 ON THE CURB. . .sV.v York, Oct. 28. The' specialties! CHICAGO c-n the curb today showed a general Pork $26,621-2 i uiekt-ning of activity with the cen- Ribs 14.15 lev of interest Amalgamated Copper Lard 15.55 a?ain That issue, however, after Wheat 1.88 1-4 teaching a new high record, broke Corn under profit-taking. Oats 89 1-2 55 3-8 League. Dr. Stuart is strongly en dorsed by Dr. J. Wilbur Chapman, who moved Wilmington with his evangelistic sermons in the early spring. Dr. Stuart is not a stranger in Wil mington, as he was here many years ago with Sam P- Jones, the great evangelist. Since then Dr. Stuart has Oats were 1-8 to 5-8 higher, but the volume of trade in that grain was rather light. There was heavy profit taking on the early advance and com mission houses were advising cau- Cuba Cane Sugar -made a new high i Southern Railway Pfd 67 7-8 ion on the bull side of the grain. record again and there was no evi Studebaker Corporation 130 1-2 Hog products were higher for pork dehce of profit taking on the advance. ; Tennessee Copper .. l- i aud lard, while ribs closed unchanged. 226 1-2 MaXWeil JUOIOI S, WUICU IS CUUUUU-; lCito - j ed largely by the same interests as Union Pacific .. W --8 Cuba Cane, was heavy. Followers , United Fruit 162 , of Maxwell seemed to be switching in-1 United States Rubber 60 j to Cuba Cane. ! U. S. Smeltinbg & Refining 71 3-4 , Central Leather established a new . United States tSeel 1181-8; record at 98. This stock is being United States Steel pfd .. ..1213-8, manipulated by a Boston pool that Virginia Caro. Chem 45 1-2 j occupied the pulpit in one of the larg- feels very secure because of the big Va. Iron, Coal & CoKe bo j est Methodist churches in Knoxville, ! earnings and because of promises Wabash Pfd (B) 30 3-4; Tenn., and now is pastor of one of;maje by directors in regard to the Western Union 102 1-2! the Birmingham, Ala., churches. j dividend. Wcstinghouse Electric 63 7-8 j Spvpral Wilmintrtnnians heard Dr. ; Anione the stocks that were heavy Kennecott Copper 55 1-8 . Stuart deliver a powerful address be-: Studebaker and Pittsburgh Coal en- Gulf State Steel 96 fore the Methodist Laymen's Confer-' acted action. There was no definite Central Leather 69 ence, held at Lake Junaluska this reason for the weakness in Studebak- American Tin 47 year. .er, except the general feeling that the Corn Products . .18 1-8 FIRE ON FRENCH LINER WAS PUT OUT New York, Oct. 28. Word was re ceived today that Jthe fire in the hold of the French liner, Chicago, which yesterday put into Fayal, had been extinguished. The vessel was not damaged. Contribute to the Wilson Fund. Dol lars are needed. When you want stationery of Quality, of individuality come to us. We have the Keith line 30-35-50-7 cents. Combinations, $2.50. Delivered Anywhere in the City. Fountain Syringes, 75-$ 1 .00-$ 1 .25-$ 1 .50. Hot Water Bottles, $1 .00 to $1 .50. THE PAYNE DRUG COMPANY, 5th and Red Cross Streets. Phone 520. Ir YOU CAN SAVE IF YOU WILL! I Pay Cask For Your S P E ClALS RUMFORD BAKING POWDEjR,. .-, 22c can worth 25c- ROYAL BAKING POWDER 46c can worth 50c. DELMONTE, Desert Peach . . 22c can worth 25c. PURE ELGIN BUTTER. 38c lb wTorth 40c. FULL CREAM CHEESE . 27c lb worth 30c. - WAGNER S PEAS. 9-12-13ccan ROYAL SCARLET PEAS ... . ......... .22c can worth 25c. MACARONI, Long and Small . .5 and 10c pkg. RIVERVIEW ASPARAGUS ... .. v13c can worth 1 8c. DELMONTE ASPARAGUS 22c can worth 25c. ALL PRICES CUT. Groceries at Tke Royal StoresBUY FOR LESS FULL DINNER BASKET We have now convinced hundreds of people that the R0YAL STORES will save you many dollars on your grocery purchases. Have you taken advantage of the opportunity these stores offer you, or are you still paying the high prices to the credit stores? . Our stock consists of only pure goods of the highest quality. Com pare a fewof our prices listed here and see for yourself what the Royal Stores can save YOU. Start now with the first of November and help bring the cost of your supplies down, as the more business ths Royal Stores can do the cheaper they can sell to YOU. We also wish to thank those who have given the Royal Stores their support, and to announce that The Royal Grocery Co. will soon open an other branch for YOUR benefit. ' . . ROYAL GROCERY SPECIALS WHITE HOUSE COFFEE. . . 32-92c can "i "worth 35c-$1.00. AUTOCRAT COFFEE . 28c can worth 30c. ROYAL BLEND COFFEE 25c pkg. worth 30c. ECONOMY BLEND COFFEE . 20c pkg worth 25c. MACKEREL, Medium 15c worth 20c. DAINTY FLOUR .60c-$1.20 worth 65c-$ 1.30. ROB ROY FLOUR : 60c-$l,20 worth 65c-$ 1.30. LARGE COCOANUTS. . . 13c worth 1 5c. , NICE PRUNES. 13c lb worth 15c. FRESH DRAINED CITRON 23c tb worth 25c. ALL.GOODS GUARANTEED. ROYAL GROCERY 17th and Market streets. Telephone 70. s .. Prompt Delivery -.. y. 5th and Red Cro Street. Telephone 74 Prompt Delivery
The Wilmington Dispatch (Wilmington, N.C.)
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Oct. 29, 1916, edition 1
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