Newspapers / The Daily Advance (Elizabeth … / Oct. 12, 1923, edition 1 / Page 2
Part of The Daily Advance (Elizabeth City, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Sugar To Go Lower Is Opinion Of Mr. Babson Sugar Stock* JVoi Y?*l ;i (miikI Buy While Iial> ?onciiurt SIioh^ (iciicral Conditions Throughout Country art* IVii IVr CVnt Hrlou Normal lly IKHiKK W. IllltSON IVJ. B> Tn? Ad?aurrj Welleslcy Hills, Mass., Oct. 12.?Sugar consumption, which has increased every year for the last live years, is about to de cline. ? The per capita consumption of sugar in the Tinted States was 85 pounds in 101:5. In 1919 , it had been reduced to 8:i, only to rise to 91 pounds in 1920. In 1921 the figure reached 97 while last year we jumped to 102 pounds per capita?the highest sugar consumption in history. This year the figure will tend to decline. Sugar had been a staple commo dity, fluctuating within a rather nar row price range; that in, until the war upset tilings. During the last four years prices have traveled u rough unsteady path. From the fixed prices of 9c at the end of 1919 prices shot up to 23c?a level of 300 - per cent above pre-war quotations. TheiKcame the break and the to toboggan stido to a hrwrof?jrc-4?-De? cember 1921. Since then there has Ibeen a steady recovery to a peak of over. 11c reached this year. Again the react ion set in and prices softened to a level at aboul^"^ l-2c. In recent week there has been a re occurunce of the bullish tendency and prices are agalu close to the year's peak. The fundamental sit uation, however, both In the sugar Industry and in general business "would Indicate theat the upswing Is about over and that prices are about to turn toward a more popular level. Consumers of sugar should not stock up heavily, today, but should ?buy supplies as needed. Prices * Should be lower by the end of the year. The securities of the sugar com ?panics hav^-also-fffaveled tt spectftnt lar. course. Sugar stocks, like one or two other groups notably coppers, 1 move In close conformity with the price trend of their commodity. ?When the commodity Is rising the stocks are rising and vice versa. In a sense, therefore, sugar stocks do not discount the future as much as ! other groups, but are governed by the same conditions that uffect the commodity, climate, production and demand. The stock market in general ?touched Its peak In November, 1919, and declined with only occasional Interruptions all through 1920. Su gar stocks touched a peak In Novem ber, 1919, declined In the spring of of 1920 nnd then soared I i a l- v? I of 12 per cent higher than iheir pre vious top. From lira! point they de clined almost without interruption*, finally reaching a low in October. 1921. tinder the pre-w ?r average. During the same period the tendency of the general market had been downward but ihe movement was o an entirely different character; that is. a low was registered in 1920 and a sizable rally witnessed from that level with gnoth'T. low in June 1921. slightly und< r the first point. Iiy " October, at the time the sugars were making their low. the general market li-.in made considerable pro gress in its long swing upward, which continued n'l through 1922 and reached a peak last March. . The recent action of the sugar stocks has bet n likewise somewhat out of conformity with t of the market, rallying in March to n new high shove the peak touched in October. This movement had Its bnsis iu a sharp rise in the price of sugar and a supposed 'shortage/ While It was going on many people had visions of a repetition of condi tions that prevnlled In 1920 when there was an actual shortage of the commodity and ,sugar stocks sky rocketed.. The strength, however, st this time was short-lived and su gars went down with ' tKe market. There has been a recent strengthen enlng movement based upon the late seasonal rise in the commodity to satisfy canning requirements. The Ion* awing outlook auggeata no extremely beariah or positively bullish factor*. The wind up of the current Niaon will undoubtedly mean a balance on the right aide of thti ledger f<?r ill of the important augar proportion. Some of thorn may perhtpa nee fit to follofe tho lead of Cuhan-Atnerican Sugar, which recently mumed ? dividend payment*. With the end of tho crop year and a ao me What lower level for the commodity, however, sugar stocka may be reactionary, but the downward movement. If any, I* unlikely to reault In much lower levela than we have aoen during the ntrrrnf ynu. Som?* l!tiu? In 1924 it |irtij;i!)le tli:?t sugar stocks will bo at;ra?-i!v?' a* a sju'rulat lv<- purchase. The flight Service at The Kight Price! The best groceries to be had In what we have for our customers. Fresh Vegetables and Fruit In season. We solicit your patronage. Phones 3 and 67. gallop co,, Farm Boys Will Go to the State Fair Student* ill Auiiciiltliral School*. to Judge l.l\e??tock ami Cli?]?s Raleigh, Oct. 12.?Over 500 farm hoys, student* In the agricultural liIKli school** of the State, will spend Thursday and Friday, October 18 and lit. at the North Carolina State Fair for the purpose of judging livestock and crops, according to an announce ment today by Hoy II. Thomas, State supervisor of agriculture, who has chargc of the program for the 'farm boys while lu re. "This is the third annual Judg ing contest for vocational agricultur al high schools and it will bring to gether ihe largent number of farm boys ever assembled for this purpose in the State." said Mr. Thomas. "Coming from 67 schools and repre Bcnting 60 counties, these boys were selected from over 3,000 entrants in competitive trial* at the local high schools." The livestock Judging contest, an nounced .Mr. Thomas, will be held Thursday morning under the direc tion of Professor u. H. Ruffner, of 11|? Animal Hnabindry I>;\Islon <? North Carolina Staty College. Mules, horses, dairy cattle, sheep, swine and poultry are to be judged in this con test. Seniors In the livestock depart ment of State College will grade the papers handed in by the contestants. Friday morning the boys will take port in crop judging contests, said Mrr-Thomtts vro r-. Da r st? of the Crops Department of State College, will supervise these con tests. Those entering it will have to demonstrate what they know about Judging corn, wheat and other crops and the identification of common i legumes and grasses of the farm. Over $200 In cash prizes are of fered in the livestock and also the crop grading contests. A purebred Jersey bull calf has been offered by State College, to the Jhoy making the best score in the livcMock Judging ;contests, while a prize of 1*1 f? will l?e i warded to the sweepstakes judge in irops. T'ie contestants will be the guests of Stale College while here for the (air and will be quartered In build ins* on the College campus, Thurn day i'vi riing .1 banquet will be given lhem by Dr. K. C. llrooks, president of the College. Mr.*. Kd.th Vander bilt. president of the State Fair, will be one of Hie prinrijtal speakers at the banquet. Arrangements have been made for the iboya to attend the State-College feat ball game Thurs -day afternoon. FIND It EM ED Y FOK SLEEPING SICKNESS Hamburg. Sept. ?Cures which strike til** Congo natives as being more miraculous than those of bibli cal days are being performed on vic tims of sleeping sickness in Central Africa, according to Dr. Martin M'jyer, of the Hamburg Tropical In stitute. who was the first scientist to test a German remedy on sleeping sickness. A German commission under the leadership of Dr. Klein is now in the tropical section of Africa applying the remedy. There are records of 170 Congo natives who have been treated. Only a few of these died, owing to brain ami nerve complica tions. The other regained their strength, and declared they were as well as they ever had been. Dr. Mayer is of the opinion that science has found a remedy which will make it possible to develop much territory In the tropics which has hitherto been closed because of the danger of sleeping sickness. GKItMAN COINS DISAPPEAR ?lUirlin. Sept. 21 . Aluminum?200 and iiOO mark pieces issued by the goverenmont some months ago for small change purpose* have entirely disappeared. ami it Is even Impossi ble to obtain them at the banks. Willi the depreciation of the cur >reiicy. tlu* metal in the pieces soon betMiiH* worth more than their face value in marks. i'oker players, too. are hold partly responsible for ilisuppi arance of the pieces, as the aluminum coins were Just a handy' size lo In* used for chips. YES THEY HAD EVERYTHING While he lived but when they moved to the Street of By<Min<l-B)e they had a hard struggle to inako end* meet, even with the help their friernl* could give them, lie had neglected to take out the insurance lie intended with THE EQUITABLE LIFE ASSURANCE SOCIETY tftlo L'.MTtO J4IATC3 ALVIN T. HALEY SPECIAL AfJKXT lit I?-1iIin(on l!iiil?lin^ KLI/AltCTII CITY, X. C. Gelfand's Relish and Mayonnaise at all good grocers. FOH HIGHEST MAUKKT J'liH ES Ship COTTON To WINBORNE&CO. NOJIFOLK, VIRGINIA | They puy drafts for 9<) per cent on cotton to lie | sold oil arrival mid 75 per cent if to lie stored. ? * * iris^M)ODSIDCK represents the latest achievement in typewriter construction, gives the greatest measure of satis factory service and a quality of work that is un surpassed. Consider these facts: The Woodstock means more for the money, has many superior features and excels in every parti cular. 1'rlce and terms most attractive?full particulars on request. Ask for Demonstration. a WOODSTOCK OFFICE SALES & SERVICE CO., 121 West Tnzewell Street Norfolk . - - - - - Virginia AbSotively Everything That Men Need To Wear Never In All Our History Have We Had Such an Immense Stock ? And Never Have We Seen Such a Volume of Busi ness. , / Men's Suits, Highest Value for the Money $12.00 to $40.00 Boys' Suits, the Best Sold Anywhere $ 6.00 to $22.00 IIATS?llilo. StrlKin and Sprnorr Walker Spooinl ?. SI ..'SO to $7.00 SHOES?Work and llrfM, Light >m<l Houvy. TIES, CAPS, RAINCOATS, FURNISHINGS, TIUINKS, BAGS, SUIT CASES, RIDING BREECHES, OVEBALLS, KHAKI PANTS AM) SHIBTS. SPENCER-WALKER CO. WHERE EVERY MAIS FINDS WHAT HE LIKES TO WEAR \ n??K it. i it iv .m ? Classified List OF RED-BLOODED AMERICANS' NEEDS BUSINESS PEKSONAL Bit; business is looking for wise men to take "big" places of responsibility. A wise riian will prepare for the future. Life In surance is the best yet. ? HELP WANTED To reduce the number of de ; pendents in the future to an ex treme, minimum. Just a few '. cents each day for life insurance Ij will keep your family from ; swelling the number some day. INFORMATION Everybody will die in time and nearly everybody is -sick at jsome time 01- is in an accident. 1 Are you one of the everybody ? Are you properly protected with life insurance? TOO LATE TO CLASSIFY After you are sick or hurt or dead, it will be too late to do !more than merely think about insurance. Insure now and don't worry later. FOUND A smile for your widow after you arc gone. A LIFE INSUR jANCE POLICY. I ? I FINANCIAL What you put into Insurance will not be spent in unnecessary luxuries, to be regretted later. JEFFERSON STANDARD LIFE INSURANCE CO. 1, 120 Hinton Building. S. S. Cartwright, Special Agent. \YRSIIIRE CREAMERY BUTTER V *uarnntcc<l^?trirt1y pure. In inaiicr pound ???? one. pound ?si kauis. It's tin* br*i but ler we've been able to buy. THE >1 UN STREET GROCERY I | tor Farms and Garden Electric Supplies, 1,lulu inn Kivnr and House Wiring. Yours to FEED For Slock unit I'tmltry l/S.WhilT^Cc C 3L i?mi: mmmrn Man Saves Wife In Nick of Time ' waR Unable to oat oven the lightest food, and had fallen away to a living skeleton. She could not .even keep doctor's medicine on her I stomach and was tortured with pain, on the recommendation of a friend II bought a bottle of Mayr's Wonder jful Remedy and she Is all right now and has gAined forty pounds." It t* a simple, harmles preparation that removes the catarrhal mucus from 'the Intestinal tract and allays the J In flammatlon which cause* practi cally all stomach, liver and intestinal ailments. Including appendicitis. On?? COS,. will convince or monev refunded at all druggists. IF SKIN BREAKS OUT AND ITCHES APPLY SULPHUR Just the moment you apply Mentho Sulnhur to an itching, burning or broken out skin, the itching stops and | !BH? JWn?. a n?tcd skin spe cialist. This sulphur preparation, made into a pleasant cold cream, gives such a quick relief, even to fiery eczema, that nothing has ever been found to take its place. Because of its germ-destroying prop erties, it quickly subdues the itching, 1 cools the irritation and heals the eczema right up, leaving a clear, smooth skin in place of ugly eruptions, rash, pim ples or 1
The Daily Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 12, 1923, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75