Newspapers / Wilmington Morning Star (Wilmington, … / Jan. 13, 1921, edition 1 / Page 11
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? THE : MORNING STAR, WILMINGTON, N. C. THURSDAY, JANUARY lh,-19ZU f v : ELEVEN Financial- asadl; Gdfflinnierciai News -aimd' v Li." " ' I ' a' - I GRAIN. Ito&tiig, 1ISW CHICAGk);: JanM2. Evidence of com- I . imtu: .Tan. 12. There was a. I tctsw -vrtiSr- - ,,rther reaction iu wuu cijr i iiciai character of existin rnnrtiHnfi. Petition between millers and exporters hi. market 'became Arm latefrrMn the' stock market was glkt n ied to sharp -upturn in the. wheat b"Lih to the" continued; strength of lustrated today by thewldel? div! re-enr todayV Prices at, the finish, al- d heavy covering oy -marca p-e 01 speculative favoHHAu. .nm "'"ugn -uhkiuwi,. were a 10 r i icS soUI npomtol Merchant's . Prob lems and Current Trade Conditions ' What the Fordney Tariff BUI Doe , average. " Last March, when " prices Now that the chairman of the Ways I thlfe. were at their record high, , the bwiu . I ii,: ij-" ueinment or neelect oful?r ! i. L j f", " . ,J 1 mi t uirunta vi me ways i 1 ou ". TVr making new nign grouna jor representative shares." "fT 71 vryvon ; and means committea ; has announced I eerai level Was 210 per cent n&oye Se movement, andosed at 16.18. Th 6 stJeaSteel which as leen the wat-.' bHieh ' - Jw" CUse that hearings, on all tarift schedules j Pre-war .prices- The decline aeross final tone w as Ja"ly tdy-:JJJt q" 1.2" rE.s Prhiinent feature March TiMffl' -l76Vfe isa" Hi end February .ar-lusteeit men ate the water for th last four months, iiot Sowed net advartcw 2Jd toJS 0 poi nt ho"sW ift rWch tne May r,l Hp 14 ' 115 l& interested to know vwhat ninlodUis I ohly-has been rapid, but -has been., ac-! After Pcn'na?k"fesed ott nd? re- ac8aextTenWo?v8e8' M Corn jH34. 4 ' - are, included in the pending 'Fordney i celfiraUng. y Thus,-although the decline and SlSfwTrtlEAS. erlngftlSor'Sa V il"" 6V -74 . emergehcy, tariff bill and. what 4utles during v S6ptembr was only lper 7Z ' . " V . -.-i---' - r I ILUUIV.. , -A lliO MblDI Ulll. - W nipn TlHBTBAn 1 vw' TV no J.ifl : a Jf . - a. , Tnnal January notices, were reports v" "uciuations; - I " "A ditionai ohnut 2.1500 bales. . n.hrt Atlantic Gulf ' .iil. ill 1 1 Oats rjmounu ht ut ome .-cat-ed sue recently r undr i?" : trr'"' Thl, nromoted ..aelllnc of most 7 points atv ii h7Ti i".2 r V- idation. Pork Jan. '.48 47 V- .49 ' .48 -4W n I Wpoiis pyen;Veater protection thai the;.hoase erwhelmingly, is no w than ninths, but tno pressure ' bud t."i-y f Mexican Petroleum: Whihh around 16.75 rorjanuarr and raaius of 8 ; points. closed 43 fr May. oabout a5-to4pointo , beiow w. " " ' wfJ POTPrinffmiP. session embrar-W th rf. efi c- r Jan :.... ;. pfiB.ze i imported on ,a:s;ovu.rejl-baSiSieiTb mar- 9ii snrany other commodity, the proposed du 24.60 .ties ra girts from. IS cents "ler pound ' j tor unwasnetL woft; .cents., fojthat scompan.eu u, -k- 7. ' -foT InternatIonrParr s ; ' -ML - .OUblthese levies s;hat iofcoiu" uVof h'u.uniM, Brake anfl ; sMM'ii:.C "7. v fir May- -. . , , . .5- U,S7 t,': : -M. Wi4rGii,iJi 4... uvcry mici- t -"":f. showing" ivr-rujtne ia5cer . : . . - rrirr- .owing ; net.:ad. lthlndbln - ; V n secure wareuwu noit n,rif t ! old UD tO K.ou ui ow tunn.D ni. itijiiici aiuiualtIlK.11. later. ; .11 lnlnr 110 Vfri8 ..V'1, !e,.,d-. with May sel ' ;i the general ubl 01 an i-ttoiBi miii 111 BLciuug 1 . , - -- "; pi eierrea, kock profits at these figures, and cJos-KaUway fared better than seasoned or .'"b K' ' . Tl,oro worn (Arlv . rnmnra r lne OPen ratA f ;ih. nPSL. M"-. " w 1 .- ... - - liic . -. kae o in tho annfh. Ittltca O PPT nrulM t no 1 oil faciei fju. wo ovmu- ,, . v ci vcui, ai LilUUKIl Hn't but they were not .confirmed fco 8ttin . was jreported that-interior ir.nrt the aitern PttOULCijl MARKBIP v CORK $1.15 to $1.50. ; v j liKKK" 1 On..' Hull - . - . Sterllnir exehane-h : ftfpif VISax. ioo- to laud very dull. . Ui. O.; Ai.ui4i u; ww aaa iorvneat or arouna ? z at the present jorts of a better busl-li0? 8" 4Vi Per cent. Time-loans' fdr sTith reference toi warehouse room, , sterling exchange , forfeited more ot VlSAXrn tlon nfflcial .announcement .was made "8 recent, advance . and- rates to the - acu.m fimine the afternoon that the.TNew ,n""ent were .correspondingly-easier, exenane nau ucnscu u i AW irlii lomuwiiice was bud bales now in .transit ; for J 011 Indicated further large gold shifl - . a - lmJ?8 to this markets . - . , Low. (jiose. I vwa.y -onvrii Dies featured the 1 75 17 cn nrraer ; bond markpf T.lhfftw. Uoui. 15.35 l.18lVaingr ground: Total sales (par value), 15.45 16.10 1 $18.500,000. . .. . Old U. s. . government 16.25 uu"a were uncnanged on call. 16;18 - MlKW YORK STOa. LIST RolNNothlng do.ing. tajK$a,. an. 15c. ? V xKjHa jNotning doing. - YJfiJLlW DlP isothing doing. ttA4.fi) Nothing doing.. . . ,? - .' - - , . COTTON WILMINGTON SPOT 14c. ' yahvyusiy extraordinarily stremg. bar; airalhst heavy injpiort;iL duty, or. $ z per head, , moreover is proy posed for sheep. ' The xluty uptn cattle under the pending bill, and as agreed upon so far in conf erence," Cis 30 per cent; jSeanuts, 3 cents per pound; beans. 2 cents; vegetable oils, from 20 to 26 cental per -gallon, and rice, 2 cents, per pound. Corn imports are taxed 16 cents per bushel, or one-sixth, of , the present cash price. ..The proposed duty oh wheat, which has been' bo widely discussed becausebf Its bearing upon Canadian shipments here and the farm ers' wheat-holding movement, i 36 cents per bushel, against a cash price tiles aarain showed the outstandinsr re cession This group, which reached its high at 363 per, cent above pre-war last March; Is ho w down to 10. The general, level of BriEsh-prices at whole sa.leVhasyfaiih.'fairrftbi a trebling of 1913 averages bufc ieven so is still more than. twice as , high'as pre-war.. : -:. as uciofitr.avRn.fA. Mrntnrg .nr. tarv. iory (employes J5 New York state had risen 12.S er i ?ent ? abve ' their June,: 1914 ley.-wiiiift, retail food prices -stood iOO rperceni above; according to- th bufeaui of Jabor jstatistics at Washing ton. Increasiiig' Industrial depression since October;, may. have change'd the showing somewhat, but up to that time earningsVwere jstill on: the increase, although -food,: prices were declining. Average earnings ros from $1.48 per weex in; il to $28,93 for October. SUBURBAN SCHEDULE vTnMB WATER POWER COMPANY ' fVlmter Park, Seagate WiigatsvfUeTVrlgmtavllla BeaeB UlA ' XatermeAlate Pelnt . . . . - ' tettetlv Tamraday, Oetbe t, 1S20. ' . .,-" .1 ''Lein Wlbatingtoa WrlghUvill "Leave ' WUiBlagtom : Beaeh - Leav -Beacli - Wllattagtem f6:50 Ai 21. 7:20 A.v M. : 8:00 A M v - 30 A. ' M. 0:30 A-,M. 10:00 A. Id. .11:30 A. M. 1:05 P. M. . 3:00 P. M. . 2:30 P. M.. 3:00 P. M. 3S30 P. M. t J0 P. M. : , 4:80 P., M. ' jVi 8:00 P. M.' - : 5:30 P. M. k 6:10 P. M. i 6:40 P. M. , 7 :15 P. M. 3:16 P. M. : . 8:1 P. M. ' 10:16 P. M. 11:15 P. M. 6:50 A. M. 7:20 A. M. 8:30 A. M. t 9:30 A. M. 10:09 A. M. 11:30 A. M., 1:05 P.. UL '.- 1:00 P. 2:30 P. it 3:00 P. M. 3:30 P. M. t 4:00 P. U. . 4:80 P. M. 6:00 P. M. . 6:30 P. M. 6:10 P. M. 6:4u P. ML 7:18 P. 24. 4 816 P. U. :15 P. M. fll:16 P. M. 6:00 A. M. 16:35 A. IS. 17:06 A. M. . 75 - A. M. 9:18 A, : At 10:15 A. . M. 10:45 A. M. 12:16 P. M. 1:45 P. M. 2:45 P. 531 . 8-18 P. 24. 3:46 P. M. 4:15 P. M. 4:45 p. M. , 6:16 ' P. , M, :45 P.' I. : :M P, K 7-46: P. li. 7:66tP.M. 8:30 P. M.. 9:30 Pi St- - -- Iieav WrlghtirrUla For WUmlagtra 8:10 A. M. r 6:60 A. M.J 7:20 A; M. 7:60 A..M. 4 I IU A. M. 9:15 A. M. 110:26 A. M. . 10:88 A2L 12:26. P. M. 1:66 P. M. . 2:66 P. M. 3:85 P. M. 2:56 P. M. 4:28 P. M. t 4:66 P. M 6:26 P. M. . A - 6:66 P.M.. ' 6:86 P. M. 1406 P M. ,. 7J38 P. g! s -I105 P. SC 6t46 P., M. 8:45 P. M. N 10:46 P. M. , 1 11:46 P. U. - HJJA11,V EXCEPT 81UAY. VROH MTATlOAf Alik. 1. V "This cat connects -at Wrlghtsvillc on speoial request to transpor tation office.. Phone No, 2701. . ....7 Thls car will 8J through to beach 09 special redUest to transpojta . tion office. v : ; . "'. " : ' ., ' ' . : ' . ; - SCaily lexcept. Sunday. '(iV: ; r,,.:;;. ' ' f Saturdays and Sundays only. . (Sundays aly. 1 '--.-v "- . : PlsM ghedale--Dany Except lumday. , .. '-vvk- . j'reignt jjepot.open. aauy. exoept sunaays xrom 1:00. to 3:00 Jt .- ja. Muring Vnrk Cotton fditional space J r J Art l- date .New York. Futures: January .. nrav jjOctobcr ). High: 17.60 16.35 16.35 16.45 16.40 'Ana n aar- VVlIiMlNOTON SPOT 14C v " CAKii) TAlO"VV 5o. IJKIUSVVAX 80C. Iillil1fij-6C fiuii. " Vvuui H uiarxat. HEN .$1 to 31.25. . liAKUli iTAiJLi CiilCKS 80c to 90c. time.- Flour imports, under the iend ing bill, would be given a 20 per cent duty. " . . . . Tke Tariff . Wall Farmers may have a real, grievance 15.60 16.72 tAilav Vin 4- a. Vrtort vIaw aals. CttiCKS-.35q to 6O0. en p7 the tarlff VtuiUloiir War and M:W ORLEANS COTTON Stock Am. Beet Sugar Highl Low Sale j 80 vwv ORLEANS. Jan. 12. A broad a mfir... grading market was en in wton-to- Am.. Car and FdrV'! h, ifi it-iia fluctuations notn l low m uu. T -. iaaj, "' : m .J:j... I niue ira u, pia jland bove tne levei 01 jw u?. An)i Inter. Corp, ..... rlose. Price cnanges were rapiu fr Am. Locomotive V.... ?the middle or tne session n i-u Am,- Linseed ........ times the market was - easily swayea. um. gmeit. and Ret. . OThe general covering movemeuL amous Am. Sugar .... t ishorts earnea yrueo w cucn Am. Sumatra Tobacco jjlevels late in the day, where the 1 more Am. Tel. and, Tel. .... active montns sioou ai. w sains ui Am. Woolen yr 1- 70 1442 points, duc m me 1a.Du.-1.cw mmuiw Anaconda Copper .. . ih. cocainn another break occurred! av,i. - i ton rumors that the. French, cabinet At!;, Coast Line .... . thad fallen and the close showed ad Qulf and W. I . . Svances ot oniy 10 to o-puinuj. : : Baldwin Locomotives 3i- tiip reactionary tendency that was inlrr unA r. yesterday persisted , in. (the I nthuhm 'siVili ti".." - 7, . m 1 a I v 1'V111 M VTA Av pearly trading ana ine. marsei leu more Canadian v Pacific , M 1 .. .......... , 1 wa m rl rl wot, 1 . . . s . . lor iess ijicoouic " , v " luenirai Leatner... iti t 47 points under the final prices Chandler Motors . . v I of yesterday, witn jviarcn aowa . 10 Cheea. and Ohio . . . iil4.85. Cables were poor ana - mucn c.. Mil. and St.- Paul rtliquidation came from owners of long c It. I. and Pac . Icon tracts. Talk of small 'American Chino Copper . consumption figures ror jj riaay ana Jcoca Cola ..i.- ilearish predictions of large January jColo. Fuel and Iron '.Tonrft-rc in A. P W T (1TK npiDen It) UUL Lflt71 .-h. - T).....S. .... - IliT r - . i-ui u fiuuuLa ....... Mf:muni-i mu.ti,. " -. x i runiuie oieei ..a.... ahad little support, but in tne eany ai- Cuba Cane Sugar ... nmnnn the rumor that no mora ware-117.1. . ? .".r- chouse room was available for cotton In General Electric ...... Xtv York, and that in consequence General: Motors Uie movement or spots . in , iui airec- Q. Northern, pfd. .... ; tion would be checked, caused a wav Gulf States Steel .... iof buying on which March rose to 15.57 Illinois Central . . i:the highest quotation on that, month Inspiration Copper ;. . for the day. Int. Mer. Marine, pfd rrom then on to tne close it. was a (international Nickel ; BPe-saw of prices with March finally International Paper . '. jvinding up.-at 15.40. Kennecott Copper . . . Futures; Higrh. Iw. Close, it.. nnH . N" : January .'. . 15.40 14.63 15.40 I TJiarcn ; . lo.at. Ji. .la.iu Mam Pnnwr. I ua' 15 67 14.78 15.40 1 Middle States Oil fjuiy 10.8Z i4.i4 lb.bi iMidvale Steel 3ctober 15.72 i,15-.00 15.67 I Missouri "Pacific .... . New York 'Central - DAILY COTTON , TABLE . N. N, H. and H. . ... Norfolk and Western' Port Movement .' I Northern Pacific . . Von- flrlfli t, c ATI11H. 1 C A1 ... ni,l. Tln'on T a VI . .7 iUlUUl.llg AV.VV, 1C- VAlAi X 1 UU. OllU l,CLn , Iceipts 79.791: sales 1.499: stock 467.842. 1 Pan-Am. PetroleunT . k Galveston Middling 15.0Or receipts I Pennsylvania . - . . . . tM39: exports 11.447: sales 9001 stock 1 Pittn. And W. Va..' . ' SS1.590. Pure. -Oil p Mobiljs Middling 14.00; receipts 47; Ray Con; Copper . rBtock 21,310. - '.- : - Reading ... ; Savannah Middling 16.25; receipts Replbgle Steel . .. .... stock lan.140. Ren. Iron. -and Steel .. Charleston Receipts 312; stock 243,- Royal Dutch, N. Y. .. . 8''- -. Sti Loufs a.nd S. Fran.. ; Vilraington Middling -14.25; Tre- Seaboard Air "Lifte ... . 'ceipts 140; stock 44,804.-. i Seaboard 'Air . Line, pfd 1 Texas City Stock' 2,028. , Shell Trans, and Trad. i ,ortoik Middling 16.00; receipts Sinclair Oil and Ref. ;6S; salps 1,551; stock 81,172. i Sloss-Shef. S and I.. , Kaltimore Stock 3,874. Southern Pacific ... : Boston Middling 17.50: receipts 125: Southern Railway . tock 12,800. - Southern Railway, pfd r. .'.""aueipnia : Middling 18.35; stock iStd. Oil of N. J., prd. ... , ' Studebaker Corp.- . . New York Middling 18.10; exports Tennessee t Copper ; stock 33,689. . s v Texas Co. : U . :: Minor ports Stock 2,575... Texas' and Paclfid " T. ' Total t rH n v ootnrn 1 T dO fivnnyfa TAKa.AArk Pnwliintll : B 12: stock 1,459,791. Transcon. Oil .n... r Total for week Receipts 86,183 ;' ex- Union Pacific , . ports-30,370. ' United . Fruit ... .. . total for season Rorintn 3.670.087: iTT . Food Products i-Ayuns 2,065,500. U. S. Ind. Alcohol U. H. leiaii oiuiea ... Inirrlne Mnr.m.ni : " , . I TTnltarl Rta tea - Ttfih-ber .Houston Middling 14.60i receipts 8,- United States' Steel , "?Vcs'iipments 8,076; sales 8,921; stock U. 3. Steel, pfd. .... "a. TTtah Conner 45 2S 126 53 5 165 18 14 32 -20 74 23 101 85 3 78 41 31 35 13 85 3.8 71 68 23 6 12 45 24 54 100 -24 59 109 55 8 44 21 66 11 122 206 24 7lU 56 70 83 109 64 29 41 dull. iGGS Steady, 62 to 65. BUTTER 35C - - - POTA'iOjBa 4.00 bag. r aw klUl' POTATOES $ I tO $1.2. CABBAG1S $2.00- tO $3.00 CWU -APPXJbiJS $6.U0 to $7.00 bbh ' , post-war developments have made . ob solete many of the old arguments for a high tariff wall, and of coarse Eu rope is now" under obligation to pay lis $75o,ooo,iroo year in interest aiohe; We are now a creditor nation, and the world must pay us largely by ehlp- ments of goods. Furthermore, as one WILMINGTON PKAN UT MARKET ATI I TJ w n t- 84 SnanlshV IkrmercS ndw New Tork bank points out: -Tt can- 53 f crop, - primes, per - buahei. iO pounds. nt do too oten repeated that the ttltu 374 $1.10. - ' , , - : . I mate means of. payment for exports 94 worth taroUna, armeW stock,-new must be in Imports' If-we wish to 79 crop, primes, per bushel, . 28-pounds, maintain our export trade bur -iprbb 99 &0c. i - - . lem now is not how -to tUt obstacles 69 u : t vV Ira-ihiA - Runners. - farmers' StOCk. I i l . ' I , , ...... -w V. ...mv.M, -lkU, uvn v cii , nW icron. tirimas. ncp biialieL. I t- - 1 85 P vju9iboB farmers'' stock new succeed n cutting off our imports, We 72 croVArfipr&ei ApouSdl mut in the long run, cut off our ex- r I, .V. 1 I Memphis Middling 14.50: receiDts 3.- I Vanadium Corp. v-7 : shinmont. 1 lit. ..IaJi Ten. It7-i i vr Pimm ''V38,1- Western Union Alien ct q y.Ti roe. TmuA.1M. UM aifrf r ,iJi:0,snhlprnents 1.094; sales 106; stock Willys-Overland ,. .. ,'H7.2- invincible Oil . . i.Jh ouis Middling 14.50; receipts 2,- Total sales,- 884,000 V.i pments 3,529; Stock 20,470. . V : Atlanta ati tit nft ' l wtw vntnf uniini : kittle T?i-vfir ATifinr u en. ..i.in. . . ; . -. i 1 - - 0 'I ! ohi T r-r-x . n rT(f. 1 . . . - V Sco ""'i'"lc"-n isv, Dttics - auv, siuva h 28, coupon;.. 35 69 117 39 69 0 29 27 21 24 30 70 101 23 14 131 15 77 S3 88 35 60 54 15 20 156 18 18 31 19 73 20 100 84 3 75 4t 31 35 13 83 37 68 67 22 6 11 44 23 54 99 22 58 108 53 19 55 40 120 20& 23 69 65 68 83 108 53 37 40 36 69 117 89 69 PETERSBURG PEANUT UAJIKET rRritlsk Wholesale Prices Drop (Reported by Kodgers, Plnmmtr and I Liquidation of wholesale eornmodi- . Company, . lac) ties in Great Britain, although under RfiL o " wjr . iiuw iur nun: raonina, appears to 81A firm. XI. 00 Tier hiictii V " - I, , . , , . . fi snax I Vt i - r , v . , ' . . . i nave ueen neavier tnan ever uurinr 28 fir-,; y.k" 'A taTj; oemDe me commodity price level S. R-. extra prime, 5c to' 5rf per " lb.; ,3? prime,-4c to 6p per lb.; shelling stock. -Hi? 3e to;4-ev ; t- "V-tt 24 14 122 15 21 33 DAILY COTTON LETTER fell 10.8 , per" cent during nhe month; thus marking, the sharpest drop On record;and bringing- prices - generally down to 120 per cent, 'above their 1918 1920,. representing' more than a doub ling since, before" war. , . The - bureau j found ; that ' employes' earnings did. not ' rise as, rapidly, as food prices during j isi5s and 1916. The margin became widerVln. 1917 and 1212 and-not . until September, 1919, did the rise In em- ployesV.earnings catch up with that ih tOod prices. Since . September. 1919, however, employes' earnings , have - in- creased more rapidly than retail food i prices. . . . .. - y : .;-.-. ". . ;. Eggs From the P;.East"T Last " week's drop1 of 4 as much as 10 cents .per dbsett in the wholesale price of :. eggs may be, partly explained, by Heavy arrivals from China, New Zea land and Argentina. These shipments are another , good example of what in ducements to sell here , are- found "by foreign ;TOerchant In: thij premium on the dollar arid the lower shinDiner rates. Although "the f, 000 cases coming in last week from Argentina, the . 4,000 from New Zealand, and . further lots from China are said to have nrecinitated thVdrpAih the market; eg shipments! ii-oin,.Lneae cuunine to us nave oeen unusually big for several months. Eggs rom. China arri'Se about seven: weeks after they. Are laid, and dealers ordi narily.- figure oh a loss from spoilage of from four; to seven dozen in each case of thirty . doeen. , Chinese eggs are recandled upon .their, arrival and sell f from six to; eight cents cheaper than i Western eggs Argentina's eggs arrive in about seventeen days,, and the .per- ceniftga sppiiea- .is mucn less. , HCOpyright,1921. by N. Y. Evening , - ' Post, Inc.) STATE SECURITIES COMPANY STOCKS BONDS : R. L. HENLEY, Preslderit 90S Murchison Batik BuildingTeiephone 290 , . JSTOGKS and B(WDi COTTON, GRAIN AND PROVISIONS . H. 6. Latimer Jr. - 2fmbr Drew OrlMrn (Tottott -SSUhiU: 'rfy-J''.. JDirect private wires to. New Orleans New York, Chicago : and all principal pdihts. , Orders solicited for future delivery in Cotton. Oraln, Provisions. r Cottonseed OIL Coffee and Sugar, i v?- . Seourltles bought and sold ior cash, or Carried on '.. , . , . , . conservitlv margin. : ,'..-- .... .-v Correspondeat, H. and B. Beer, . 401 SOUTHERN BUILDING . .-. N Orleaaa La. - PHONtt.ftat - ,. v- . 45 8 24 45 8 -2 78 79 K V tTl A m -l k milas Middling 14.60; sales 1,907.- American Smelt, and Tteflning 5s . 77 ir. . i. t0day-Receipts 17,066; ship- Atchison gen. 4s ..;.... .St-.. .. ents 16,806; stock 993.369. . i Atlantic Coast Line 1st 4s.. . . . : Baltimore and Ohio cv. 4s. . . . XEW YORK COTTON Bethlehem Steel ref. 6s . .... .b r - : Centfcal of Georgia Consol, 1 v.,. (Special to The Star) ' ' Central Leather 5s ............ . . T MV YRK, Jan. 12. Traders ar Chesapeake and Ohio cv. 5s .-.v., Micrvous fnil nrinna r. ...k(..t .nnM nvtnr.. T? in O it t n r v 1 oi n t. 4 s run. n co ai e ouwjcti i.w iFm vuit6v ir " 1,7 I -a"8,. either direction.. Thedecline Chicago, Mil. and St. P. cv. 4s i, rdrl tOdav nin,,r.ii1 n1.. ll-i InfclAQo-n P T ftnil Pac. Rv. ref. Furmlshed by H. G. Latimer, Jr., 1 401 Southern Bldg. N NEW- ORLEANS." Jan. 42. Pending 88 further devel6pme,rlt8 ini.flie financial 35u and trade situation liquidation of the 61 January, option ih which -Important de 57 u, velophients are expected . tn, New .York 15 appears--: to be- the dorhfhatihg' feature. 20U, I forr-the present., it? . .- 101B -Therevis said; to toe-, a large Specula-1 Paris Bonds Yield 13.70 Pe Cent 165 , tlve ;short and-hedge.antesest iinv'the City-, of Paris bonds, paying -6 per J!J fvf rfK 5. Jl? n.olri;D ' cent and maturing on October JlBDf l ufelF LSSr Jotwht5rfdine Retort a year.give a yield 'of 12.7 per cent 73 to.be delivereC-.on contracts -in that This is only one-of the numerous op-, 22 month during the remainder of this Portunities which the short term note 100 Imonth; ... , I market-holds out to the investor seek. 84 ' ituraor nas n mai. me ,iong interest, ing temporary employment tor nu , 3 in January New 'York lias bought Up funds. Many investors will be fright. 77 fll he tvt"able 5a,I!b'?,,J5e fPace. in ined away by the very high yield. Just U Inossiblt -'to' nTae dellUI-f oUf 'an Ah; the dunned ? the Anglo-French 36.lcotton expected , from the south for notes a. year ago. It will; be recalled 13 delivery on January contracts. . bow this latter issue went : down in 84 - It is said that the New York Cotton January and February, ,1920, until it I exchange warehouse committee: met yielded 14 per cenv and 'how tne um 71 this morning tgf consider the, situation, ish government took advantage of the 67 but nothing arf regards their probable low price and : bought -a subitantial 23 -.Action has .been iiiy:n -out iret for pub amount- ih i the .'open . market, savin 5 Tc-SJiJ?- , .. millions of dollars by-the transaction. 44 as New York is concerned, further de- Th,e, Probability is that the city of tarii 24 veiopments ,wm liKeiy nave an im- " u" "Rc.,oci v ' c" mo. uViU 54 ? portant bearing on. values one way or so- at the present level. American in- 99 the other. : . : ..-' ' . . . vestOrs sold Anglo-French notes be- 24 , 5 Meanwhile, the financial '. situation, cause the task of meeting' an obllga 59- domestic and international, continues Hrn nr rtsnn nno noo iMrn an hnM, 108 4 to improve, and there is said, to be But the notes were redeemed. The city ii fivrVa,Mii.v - - ' of Paris loan,. is 'onlv - one-tertth th 8 . hanks reducing tneir interest rates mT " . A,.p 'v ,. 44 Han effort to stimulate business. d. v i uB v-y"". 19 In, the meantime , Manchester., advkies investor contemplating the- purch&se Of bo I are more encouraging, me ursi sign oi mwo uvuuo .oiiyum i u)ukci mo -11 v la revival In the cotton - trade bejng j pose for -which' they were Issued. . . The 121-efnoted in the decision of the master city of fParis .was faced with unusual 205 1 (spinners to extend snort time in? ih eXpenditures muring the" war andwaa 23 mills spinning iigypuan ootton to & for!ed, m iSrt tb raise -funds hy . thi k2 Jh rontirnJ To tike a ballot on fu- loan to meet these, expenditures and to 69 tto?eon - H? ' " , 0llv ;ir. suffering. Probably only oiz. v Tn taif "n. ballot on futur action a small part of the 850.000;000 defrayed 109 may be to consider the advisability ordinary munioipal expenses: For this 64 - Of - moaixymg tne naii-iipie now in reason aouDt is raisea as io xne -metn 38 force in the spinning, of American Qd of redeeming the bonds next OctO 40 cotton. . V : - ' '-'L'J ber, and it is this doubt ai much its 87 If British spinners modify the pree- anv other factor that is keeprng the 45 ent curtailment -;,-pi.-. -cpnsumyuon oi . wrh . The r,lii.f - it hanVtna- n 4 r a a. a- i t m a it no ritrima 1 j v " - 23 Xh action would havT an immediate circles is that a loan s will be ; 1 - H. "ANl B.'bER. I v "x ; . Big Taxpayers Under Restraint -, : Wealthv investors f cannot - take ad vantage .of 'Otppdrtunities : such as - the one "now; offered .in .the city of Paris i bonds with' the am frtssedom" While in come tax rates are so hlghr Too-much of the- difference between -the yield of , - , -. His1Pr4sent Opportunities and Problems CHICAOO'' GRAIN LETTER 100 c 104 i hv JXJ' ureurrea unaer realizing iumcagv, xv i.mni j. j. uy recent hnv. - nal..i4 1 r-l- nf, ParU fi : . . . . i . . . ; . -. : i . . (Furnished by H. G.T Latimer, Jr. CorresDondent) r : CHICAGO. Jan. 12. After an hour or nwo;, of ..steady: -prices, .wheat'. was rrttrrt Sa cj o fo untiirn (ill tho . Ar-4ritiriA iircu , wv.-.. - o i . . . . - . - 70 news. The cables reported that the 6 ' per cent on unitea iates treasury 81" future, jnarket -was excited and, traders I certificated and the yield of 12.7 ort city ss l hoidiner for hleher prices- .un ouyers i tf Paris bonds wouiu ro- - to tne tax 90 ? for European account were keeping-;orr fCollector, In the case of the man with 84 that market and -reported to De. taicing an. income of :$1,000,000 the net return 97 wheat from this country -and bidwere fromva bond yielding even as' low; a i L' 1 SirODK III -LIlO .. vivV. - J-.w.a strone in 'tne export . irau? . iw,bb"i - ...n. w.ii..'.i. M 67 Vance" of 4, cents was well held. As I v. , ittIZ'T u W - as the Argentine trade keeps out J a taxable securi ty yielding 1 4.s - per v Naders. wZe1 ?J.. WST s, VVf.' 4s 14 of the selling market the demand will cent. Oh the other, hand, it Is hardly I. n. a scarcity ofoffe?In- wTaaeen Denvw and Rio Grande consoL4s- 65 " be upon this marketj and.a trpng, tone! worth whitnjiiorw .l'8. with the leader.hln of Jan- Drrilnion of .Canada 5s' 1931).b f MB jexpectea. UHTV't! ...- - - I 7 r- . .. . i-.?.y 8 strength, brouerhf . fa-nid re- 1 KriA ' aren . 48 ' . . : (ihnt vuiiaiuBi-uie . i.aiK was '- neara i Illinois vriiuoi-n." i! .A'.:. prospective shipments from the Int. Mer. Marine os r . - I iu. CtithaT 44 76 0 Tbis lent additional nervous- Louisville and Nashville un.r 4s lu. snorts. We cive little Credit Mo- Kan. and xexas. abi. 1- t0 the idea. ir's a,1I? to obtain ilHniintA t7irAhoiifiilT.iP-ett and Myers 6s , . . ri. : 7 . I ... -.' -i t..ni j r '60 55 91 104 . 77 92 i 80 . 86 ORVIS BROS.' AND CO. DRYGOOBS MARKET ivTisamirt Pac. ' een- 4s New York Central' deb. 6s,y Norfolk And f Western Cv..' 6s , . Northern ".Pacific 4s . . Pennsylvania gen. vos . - i Market f5in: Sril MA-nnd 5s (1940) f fooje divis,o"'witr"pyrtces IiriPAo Up eiuwiy oui lower o,'"' - jT , - - -Siu i US, were made on some staple Southern Bell TeL 5sr:. . . . . -V "f in ' I, ,"es. and further - revisions Southern gaciflxv. ..... J : tiort f hteight knit , wear - were " rev Southern Railway 5S ....-v. .... Hmnro0iwo1 eoods were quiet." Silks Southern -"JT ,r " 'i k ""Proved slowly. ,, Texas and Pacific. 1st ,. -.... I lVj - 4 ' Union Pacific 4s-y.v;. i. -j- ! COTTONSEED OIL ... U. K. Of G, B. and I. 5Si(1937 j MiV YORK, Jan 12 -Heavy buvine Virginia Caro. vChemical 5s - kers in Way attributte esL Wabash.. lBt.V,4 . . ...v., . . . 87 Mone with the hniii? -i-3eiww Wilson and qo..v.j ,6s . . . y ton an .ne Dlsh showing in Cot-1 V it" tartnr . - commodity raarseis, i i nil ...r;, eri covenne in-cottonseed -wirn?i.-. - . . Active T u""seiuent upturn in prices. if net I"1"' J trJfiVSW8 24.400 LIBERTY .BOND PRICES trude V- .ou oarreis --to is; points yjrT-: yellow 87.06; eW4fi:86th4. ,16;' May- 9.52; 9.z; rourui y4os"-vr .r 1966 subiect to only, as mall rate of income Corn was slisrhtly" higher' following l tnx.tn wniiitA hia ODnortunitiea bv. nur the wheat market.. Receipts, good and chasing even the 0 per cent treasury frade. disposed-to MbfJl?l certificates. .While the bohd market is ket sufficient -tff jkeep all, coarse gQing up the tnvestbr who is tied up grains. . .;..' ,. ' 1 rfth a.hort-term Security. Is watchine rmm' Argentine and: Australian ship-1 the reinvestment aluf hi Mhoney tncnta now' about due. t v ;. o.r I shrink. Jt is hardly- to his' advantage ... CLBMBNX. uutxis & I to let the-maricet sup away tor tne ; wii-i? .1 lake of a' 6 per cent yield, on treasury NEW YORK LIVESTOCK certificates, f , Something ' much better i -; . - : : r : .' I than 6 Der cent should be realized on a cOftipa"ny,s -standing 5 that deserves most , consideratidn' when - the purchase of a debenture bbnd is contemplated is its . reputation for meeting obligations in- the' past ana -Its "prospect of doing so 1n- the' future A plain debenture is simplyi an ohMgatloh to"pky a certain sum at a certaihf timerahd meet inter est-charges In the interim. . mil Do Yon Think-Of TWsT AN IVER-JOMNSON BICYCLE , For Your Bor- or Glrll QUEEN CITY CYCLE CO, 300 Market' Street t' TELEPHONE 802 Present Earnings Reduced 4 For :years4thelJew.York Telephone company has ferned -many times its Interest charge si f These charges were earned 3.88 times in 1919. 4.15 times in 1918, 5.17 times In 1917,: 0.16 times in i 1916, and 5,oo:times in 1915. jrhe in vestor must consider. however, the re duced rearnihrsv'durihg the first half or . iao. in . support or its claim to higher rate the company cited' operat ing" deficits during the summer and fall months.: The debenture' 6s may be re-; deemed at the option of the company at any time at no, but only as a wholes The annual sinking fund can be used only for the purchase' of bonds in the open market, : not for redemption bv lot. The 6s sold aj low as 82 and as high as 96.75 last year. Between 1910 and 1919 the price Tfahge Was 75.60 to 101. (Copyright, 18 21, by New York ,Evening l Fost, lna) . JACKSONVILLE NAVAL STORES JACKSONVILLE.' Fla.. Jan. 12: Tur pentine unchanged; sales none? receipts izz; shipments 322; stock 26,027. Rosin unchanged : Sales none: re- ceipts 338: shipments 200; stock 165,787. I -Quote tS,y D, E, F. U H,' It K, M, N, ; : . V ASPHALT PEOPLE MEET. (Special t The Star '. CHARLOTTE, Jan. 12. Officers were elected and plans for' the new year discussed at the annual meeting of the Southernv Asphalt association, repre- eeotlng'' the, leading paving, contractors of the south, here today. Walter S. Ely, -'Augusta, was named president ; W. "RMaVrant; Charleston, vice Dresi- den't, and J. S." Cassidy, Atlanta, secre tary and ,tf easuf er. p . 3-t not too late to plant rye ;; we Have s : " 100 sacks Rosen Seed Rye. 20 sacks Abruzzl Seed Rye. , DONT PAlLs.TO PLANT OAT 500 sacks BurtSeed Oats. .' 100 csacks Rust-proof Oats. Bg stock, of all kinds of Feeds, and , r ;;. Canned Goods , .Prices on basis of present costs D. L. GORE COMPANY Wilmington, N. C. STARKE Y & GOLDBERG STILL LEAD TUB WAY ! . BACK TO 1014 PRICES f Yolir Boy Wants A (liN0Td-BM Cash or Weekly ; Payments 215 Market Street Phone 526 f : , ; FOR SALE t Irish potatoes, onions,: cabbage, lima beatta (the kind ' that 'cook), navy beans, ; blackey e peas; dried peaches, apples, prunes Lily Srand full cream,, cheese Franklin 1 and (porter "cigars, Wasco t . ahd,T Rlrs .Ginger Ale. ' . ' '.: ; f' Bear Produce and Merchan dise Company : (Waalesnl Only) Cor. Nut and.Grnc Street Phenee 432-433 'W "i : -'Vi V,;;.'-;- , ' j We Ilav m Rood Nnnitlv r' ; Coal : Cement : Wood A. trial erder will eonvfiute yon f qvaiiiy, zaei niut nerrlot Phone S321-W.I ' . BECKER COAL AND BtrtLDERS Burn k lJiU ka y , t r castie, Hueen ana Barry Streets WILMINGTON MATTRESS ANDi UPHOLSTERING CO. F017RTH AND WRIGHT STS. tphol-rteriag and BJepatrbitf v Pnrnltnre Paeked and Crated . PH'ONE 18S1-L3 - , Telephone CrjRNEAv. cotefcDoafa f-NEW" YOKK4 Jan. iz. atue lower; nine nwinths ort on year investmenCJ iXi'SK ;lva 'tKilD. temp, per cent teers 7.iu- iu.uf duiis o.o 1.-, pom- - .-n-.fi fax-esewinfinn la not 16l0 m.'. J . Wi . V' 49 45 . 71 f4T Cw':M.r:;:1is - desired feature.- v ' : . - A:r 4 Vcaives, -; lower: ' veals 10.00 17.00; t W 1 ' 'S:';& culls 8OO(&9.00; little calves 6.00 8.00; New York Telephone Debeminre 6 a fed ; calves 7.0 0 8.001 barhyard calves ' New - York ; Telephone .-company de 4.00-5P 6.50 ;; yearlings 4.ura&.oo. , . .. . . i benture 6s, due-in. 199, are selling r Sheep and lambs, firm i 'sheep- ewes) , i afohnd r 9o. civlnff a current reUrns ot 8.505.50;; cuUs 2.50 iopr jreariings eB ett(. -nda yield of 6.80 If held 8.505.50; cuus z-aui-uu, yeariings i fi Rfi n a.nd a vield of 6 80 if hel Ooloojtflambs 10:0012,7 t HoS weak! liiiit o medium.weights I 0,000 $tf ? th isstputAxidihg ith eluding igSj 10.5 ;, heavy hogsl 10.25; I companyi roughs v8.60. ''I'-i ,": " -V .-5if i . I aeot, ail Ol.w men uaj 4t iui-i,jr uvw iu? debenture, os. .. xne reai esiaie, piaui, anf nen.iirltiea owned were carried : at il ttS Ri (Win .In the IBIft ha.lnn.& shaft Unsettled; refined unchanged :att7.7 5 to on, f ot- fin a, ffranuiatea. : -t .,--'! r. , i - - - t - -i w nmingiua .;ii.s: .y , ,. Spot eofrje ui gooa;ciemana;ttio-JB i"" - . r :: to 7; Santos 4s, 9 tolO. a-..-.llnsthei'-aeboiitura- 6s.;.Tho feature of flottthport ; 2:2 4;0ft ' j maY'not create any mortgage or charge J-! jmjngton !?i; 0.i6.:-Wi5ATlJS!R BTJRBAT7 : ';:r,-i---iWUnjlato, Jan. 13, 1921. Meteorological data for the 24 hours ending at 8 p. -m.: yesterday. . Dry Wet- Relative fr,K-;-wvsAriiui0 bulb humidity 12 112 n. m.. A-i 4 80 4, 42 s44 . .-62. KPemper a,turei J Maximum 60: mini, mum 48; meaa.B4. Rainfall for. .the ? day .0 ; sincefirst of month to date .12. - -. ,.' ' . ' ' North ' CarOMfta? -, Cloudy and colder Thursday; Frtday j probatolr ; rain with rising tempeTAture. . ' - , -; . . '-Kji 2-'-.'i v' 1 - v. " , Sua rises 7:18; sttft sets 5:24. . S-i - .... ..:x j t High water. Low water ATM. ' PJL AJtf. P.M. 11:56 7'.05 '7:34 2 h : :Ti W. E. & J. H. TAYLOR 4 FAMILY GROCERIES AND COUN - TRY PRODUCE Prnlts, Candles, Cigars and Tobaece ' - Chiekens, Eggs, Meats, etc. . . ; North -Carolina Meats u - Speelaity --. ' 612 castle St. . , - Phone l4lO j i i - FOR REMODELING AND GEN. . ERAL HOUSE REPAIRS, SEE " S. PRIDGEN ' - ' 806 S. nth . Street Abdominal Belte The R(ti Store CITY "ELECTRIC CO. 20O Princess SU, t Phone 093 APPLIANCES t MA2SD4. LAMPS ' WIRING i SUPPLIES - UNION METAL WORKS ( 3P" thev"llinl Work BAdiatots and Fenders Repaired - " t- f - ".'V K '' ' U . l -e .. Ht Air Parnees Installed 14 a ateeanj St. TeWpkene 8102 Snvn Coupons Vtom DIX-E BREAD ' They, Ar Valuakla ; Atlantic. Bakissr Co. If' !l!J. 1 . if?.. ; J . ; if , .! ! All mm mm , '0 ' '1 si. N
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 13, 1921, edition 1
11
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