Newspapers / Wilmington Morning Star (Wilmington, … / Jan. 15, 1921, edition 1 / Page 9
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amidl: i LommeFcikl . News &im (GnTnrri Trrrsi Tn1h . r'rnTTAM ' ' II ll"' CTAA..rn lllll lllll -T - . ' ' ll 111 iiwrf - " 1 - - - rr' ri ' " ' i ll ii mm sin mm n n iia.aa'v aw ii uu hit i Financial vww YORK. Jan. 14. -The cotton L-ctt Wao " " v fluctuation were narrower. March rinsed at 1&.92 compared with S"?Y -,o much less active,, today tiiarKei ,vr narrnwr. froh eo! 91)1 16 03 aXt closed steady. netT15 eral fl' tn fonr DOints hisrher. Id and inse vesterday. --The sren mional January notices estimated AWoo bales were reported, but there little business n the. spot ',8.h after the liquidation of late n,0rdav and the price ranged be ye8Vn 17 80 and 17-02. closing at .17.08; 1t2 market opened steady at an ad V of 10 to 21 points' on steady vahi?s and favorable reports' from, the trade. There was a good deal of Ciliing : and some southern gelling, rilvar and prices turned easier dur the' middle of the day with -May inf.inir down to 16.70 or about 30 IS below last night's closing quo F?tnns Business then became less iSive and the market showed no sup rV feature later in the day. last PTcVs showing rallies of 15 .pr 20 Kintt on covering, and pattered trade r?,5nK The census rfport showing iv i4 851 bales of lint cotton con Inmed 1 by domestic mills during De imi.er established a new- low recprd V? was closely In line with' expec ffions while reports .'rom . which traded to strengthen the expec tation of much better showing for "Tie? 'of Print cloths :n the Fall Pivtr market for the week were esti mated at 300.000 pieces, the biggest hit neFS reported in manr months, nil 'there was also bullish comment on fhe advance in prices for some of the itanle Koods. Private cables reported a better tone in Manchester and houses a.T t :.innnl connections wr vitn unti- -- amonp the early buyers here. -A. New Orleans message said that a shipment f 14 000 bales would be made from there for New York on Saturday. Port receipts today ltf.snv. . NEW TOBir t 1 j tb . , x. business en cont?ao?echfnKe was very dull and S? Si5d; co ' the absenee denGrt mi 1 a?a trie market evi iAeriilteJ.alUraiion fron t recenf Th ail .nd PJ-o'essional tone. , ; i Dres?,;f ?ea with recurrent LSch oo rsS68.8 8IeeuJatlv favorites mht-a8uclble Steel, leathers, equip, tODccos. food issues and a va, LVo Sf ' ncUssifled specialties at gross recessions of 1 L to 14 points t111 Hide and Leather ireerred showing- especial weakness. H . eovJe-iimif?ay mot losses were fe, more lfili?tt8 ruhing to eover as thf in- j '0uoa 01 me morn? H?flIVer.8ed l6 course. developing a? m trent under the guidance ffj mony and bull pools. ? " mirt & Sf Ulne d leadership of the it ?h Jn thJ ' flnl- hour,, extending i8-te-adJ . a-dvance to a-lmost three points and infusing a degree of steadU sieeis. 011s, and allied 1st sues, some of which had nravlmmlv 5rded l under realUin;l Cruelble Steel recovered ill hut . .t: losses. International , Paper- gained SS-iUt 1 p,ln,t,B Goodrich Itt iand Kellin Springfield 5. fractional, improvement rultng -quite generally at the close, t The money market was unchanged, per cent rat prevailing for call loans, which were in abundant supply, bhort time loans were negotiated at EW ORLEANS COTTON NEW ORLEANS, Jan. 12. Fluctua in'n in cotton today were within un usually narrow limits, not so much be cause of inactivity as because of con flicting news. Advances did not go far before selling was met , and. on the ntvipr hand, declines did not go far before a demand was encountered. Liverpool's strength caused , a rise of 10 to 17 points on the opening after which there was a iaai unoer ipe smaii Twember consumption in this country. '94 851 bales according to the census bureau, and the small, bank failure at Memphis. After prices had ' declined n to 25 points under -yesterday's close a new-demand was met and from then on there was no definite trend.- The market was closed at net losses oh the da v of 6 to 10 points. March traded as high as 15.35 and as -low as 15.00, closing at 15.15.. v.. V4-,.- A steadying influence was the more encouraging tone of cablegrams, from England, several or wnicn saia tnat a better business prevailed in Man chester in both cloths and yarns, while late in the session it was reported that 2,00 bales had been sold in thrs market for shipment to Manchester. .This waa offset, in its effect'. on . values, by. the report that a Texas cotton mill waa shipping cotton to, this marKe ior re sale. . , . ; i. DAILY COTTON TABLE Port Movement f -New Orieane Mldetttng 15fr;-re-ceipts 9,309; exports 5,866; sales 2.178; ftock 459,621. v -- Galveston Middling 15.00 : receipts 5.360; exports 19,197; sales 1.600; stock 166,1142. - Mobile Middling 14.00; receipts . 264; 10CK Z1.B40. Savannah Middling 16.50; receipts 1,3!3; StOCK 161.555.-.V' - Charleston Receipts 197? stock 243,- eis. Wilmington Receipts 3T; .' exports .4uu; stock 37,987. ' ; " , ; Texas City Stock 2,088. -. Norfolk Receipts 624; stock 78,349 baitimorerReceipts 1,531; exports 201; stock 3,978. . ! - Boston Receipts 1.765; stock ,12,349. rnnaaeipnia Miadling 17.JJU; stock i,962. - - .1 New York Middling 17.86;. exports MO; stock 35,088. Minor ports Receipts 225; exports ?25; stock 2.575. - - - Total today Receipts 19,540; exports -,ua; SIOCK 1.432.35Z. Total for week Receipts 133,901; ex Ports 94.841. - - Total for season Receipts 3,717,-805; :Apuris -,627,467. "I. Houston Middling 14.50; receipts I", V BrhiPments 3,485; sales -A 5,518; stork 3Rfi Ra Mf-mphis Middling i 14.60; receipts 4.1 t A ' ehfnm.nt. A (1ft O . 1 A AAA.. i,..iViuCmi3 ,u3o, nam ,vuv Stock 38.V241 Augusta Middling 15.00; receipts ift:e"ihiP!mentB 1457; 8ale 184 ' 8tock th Loi,iR Receipts 5,064; shipment "4(9; stock 20,467. Atlanta MiHiino- itc .Little Rock Middling 14.50; receipts shipments 800; sales 319; rftock ?,al,?sMldd,ing H.35; sales 3,962. Montgomery Middling 14.50. H-today Receipts 13,223; - ship me,lts 15,319; stock 995.711. , AEW YORK COTTOJV ' Vi.. . a- nrz surj N I'iW TflHU --1 A i... s fnnti.,.. . .wiwn prices of id r dlrectlo until the liquidation linirtJ jomrnltments- is complelted. suDnoL?f Jan"ary contracts who ae deFiveS PPared to take care ; of their eries.'seem to rest confidently in tion i'"ll'n- ine montniy consump TuC0ri for recent years, but this Qnly an incident, as the situation "S aiSOnnntn ti. a . vast , . it ueveiupen. A resLmber of. domestic mills have 'venV "raiions within the, new should X)nsumption - henceforth' 0lOUla Show a U I cent V, v uicicaia over ro- in -wZl , iUB saies oi 9,0110 oaies meroiS?0! are impressive of local both V . "emana. That market for wchi"!,..a,nd fPf8 8ho' be Uritiov. j m Keynote ,- ro conuS,6"- .?ry goods markets arP h. .ieiy active. buyers try arLir0m many parts ot the cou- of laHil . c"eagea in securing stocKs heir reSaiMaraa;t0"Wear ?e?r UK VIS BROS. AND CO.. -IlVS WEEKLY REVIEW 4 'oiEJmY??' 'Jan- "Dun's tpmor more hH L ?u0'fiJ.C8, towir4 ' recovery ,arly iscernable, -reviving, de- nlv rl,.,.i . -5 vi 10,1.0 yielding aii)ed ,a,ter further ; In & a"d waiting is -still the lce deflatiifJ an extension of th nu'lJ aeJlation iai Meminarlv foreshad that ' ic&tWB multiDlv. however. rw fJL""" ar beginnings to leth,? trt their long continued soodsVoni ?tLfeovmt. In dry- RPicuous nrt especially con f,f buyers -iJ6 '"creased attendance l" Is evid?!2,m,,.?f tn ding mark '"terest and 6 alIke .of tnelr renewed handi8eandxva:,Frow,nJ? need of mer- fautious .nfl ""y .purcnasmg- is omlMid restricted, it .is lars urir, Ll more. wholesome anf rqu if m f .based 1 on., actual ntlclpitloni ?J 5.? on Pultive has price rule the til larerer in fectea, CHICAGO, Jan. 14. Wheat averaged lower in price today, largely as a re sult of slackening of export demand. The close .was heavy at a ?4i to 2o net decline. Corn Jost (9 to cent; oats to , and provisions 12 to 20 cents. ' t , - , ., .. VVILMINGTON UIAKKET9 SPIRITS OE TURPENTINE Nothine doing.- , : - . , KpsiN Nothing doing. . r . TAR $4 and 14c VIRGIN 6c. , YKhUOW DIP 4 ft, : 'hard 3c. fi 1. n a L eSDOndimrTto r" a 9 or r'rnAnV''sitKnAlV tlons, -the r bond market, especially ; IAbr rty Issues, and several . of - tli ne w railway offerings, was firm to strong. Convertible bonds of the minor rail roads also hardened. Total sales par value) $12,850,000. Old . U. S. bonds were unchanged on call. . ; , NEW YORK STOCK UST Stock Am. Beet Sugar. Am. Can . .. . . ... . . Am, Car and Fdry. . . . Am. Hide and L. pfd. . Am. Inter. Corp. .... Am. Locomotive . . . ; . Am. Linseed . . ... . ; . Am, Smelt, and Ref." . Am. Sugar Am. Sumatra Tobacco Am. Tel. and Tel. ..-. Am. Woolen'.....,... Anaconda Copper . . Atchison .'. Atl. Coast Line ... .. Atl., Gulf and West I. Baldwin Locomotive B. and O. . .. ......... Bethlehem Steel VB". Canadian Pacific . .... Central Leather . . . . , Chandler Motors .... Chesa. and Ohio . . . . ; C- Mil. and St. Paul . C. R. I. and Pac Chlno Copper .:.:... Coca Cola .......... Colo. F. and I. ...... Corn Products ....... Crucible . Steel . . .-. Cuba Cane Sugar . . .. Erie .. ........... ..V General Eleetric ..... General Motors G. Northern, pfd. . . Gulf States Steel ... Illinois Central ...... Inspiration Copperr .. lot- Mer. Marine, pfd . International Nickel . International Paper- . Kennecott Copper . . . L and N. - --. . . . . Mexican Petroleum . Miami Copper Middle States Oil Midvale' Steel Missouri. Pacific , . . . . New Tork Central ... N. Y.'- N-H. and Hart.. Norfolk, and Western Northern Pacific . . Okla. Prodw and Ref.. Pan-Am. Petroleum .. Pennsylvania .. . Pittst and w; Va Pure Oil ..i. Ray Con. Copper ... . . . Readlnar . . ......... Rep.'lron and- Steel Replogie steel . . Royal -Dutch. N. Y. .. St. Louis and S. Fran. Seaboard Air Line . Seaboard Air Line, pfd Shell Trans, and Trad Sinclair Oil and Ref. . SlossShef. S. and I... Southern Pacific .... Southern Railway . . Southern Railway, pfd Std. Oil of N.- J., pia.. Studebaker- Corp. . . Tennessee Copper . . Texas to, ...... t. ... . Texas and Pacific . Tobacco Products Transcon. oil ........ Union Pacific ....... United Fruit . . U. S. Food Proaucts . U. S. Ind. . Alcohol .. U. S.- Retail Stores... rrhited states. Rubber. United States Steel XiT. S. SteeL pfd ...... Utah Copper t Vankdium Corp. .... virtrinift Haro. Chem.. . . . Western union u W'house Electric . . Willys-Overland Invincible Oil . ..i. High! Low Sale 102i4)102V. 13 13 32 40 73 22- 101 84 3 76 41 30 35 13 87 69 -3H 67 22 6 43 23 99 24 58 108 02 8 44 1 54 10 120 205 22 67 55 66 83 109 53 37 38 44 i. 8 23 26 122 43 44 36 91 76 99 66 37 . 83 85 70 4? 36 88 W 33 67 60 28 26 21 23 90 21 14 120 15 76 89 34 63 .15 56 19 159 13 31 39 72 20 100 83 8 74 41 30 34 12 fl 68" 3 65 22 43 23 98 23 68 108 50 8 43 18 53 119 204 21 66 53 65 82 109 52 36 38 44 7 2t 44 . 26 122 88 53 77 99 66 -87 83 : 85 '71 90 36 58 "6 39 68 61 2 27 21 24 29 B 69 : 9 A 21 14 131 15 76 32 B 89 34 54 58 19 102 161 18 13 32 40 73 21 101 83 75 L 41J 30 35 12 87 8- 36 66 22 6 117 B 43 23 61 B 98 23 68 108 52 8 43 18 54 10 119 204 22 -69 82 109 53 37 38 7 23 TOODtrCB TttARKET - 'X!ORN 31.15 to 1.50. ' ' - SBisir loc to 15C. , .VEAL 15c to 16c. i xBACON .(H.i C.) Hams 40c; sides and shoulders, 30c to 33c. CAKE TALLOW-t-Sc. BEESWAX 25c, , ; - ' HIDES 3c. ,: ' WOOt No market. ; HENS--fl to 11.86.- -"LARGB FALL CHICKS-r-75c ,to -80c. - SMALL- SPRING CHICKS 35c to JOc, dull. i:;v'4r'- . , , - .Jv,. . ....... . - EGGS Steady, 50c to Spc - POTATOES- $Q0 bag. 1 ' ' : v SWEET POTATOES 11 to 1.25. CABBAGE 32.00 to $3.00 cwt. APPLES 36.00 to 37.60 bbl. WILMINGTON PEA KIT MARKET . (Renorted bv J. S.. Fun chess Co.) White Spanish, farmers mock, new crop, primes, per bushel, Q pounos. Iiao. t .7- . North Carolina, iarmerj stock, new crop, primes, per bushel, 28 pounds, 90c. v ' - ' ' Virginia Runners, farmers stocK, new - cron. - crimes. Der onsnei, m Dounds. 88c: - - . . Virginia Jumbos, farmers stoog, new crop, primes, per bushel, zz pounoa, i.wo.. ... .. . -, .. PETraRSRIIRR PEANET MARKET (Reported by Rodgers, - Plvauner - Company, ie. Span-sh (farmers' stock). firm, 91.00 per bushel. Virginias (farmers' , stock). firmer. Fancy Jumbo 6c to lb.: extra prime. 5c to 6c prime, 4c to 6c per lb.; shelling stock. 3c to 4c. Total sales, 590,300. NEW YORK BODS - U. 8. 2s,-ioupon ... U. S 4s, coupon ' American Smelting and Ref. 6s. . American Tei. ana xei. cv. o. . Atchison gem 4s- ........ ... . . Atlantic Coast Line lst 4s , Baltimore and Ohio cv. 4s..... Bethlehem. Steel ref. 6s p ,P Central of Georgia Con. 5 s ...... Central Leather 5s Chesapeake and Ohio vcv. 5 . . . . , Chicago; B. Aand Quincy Joint 4s Chicago,' M.U. ana bi. jt. u. Chicago, R. I- and PacRy. ref. 4s Clty-of Paris 6s ..... . -. ... Colorado and Southern ref. 4s. . Denver aiuL Rio Grande con. 4s Dominion hf Canada 6s (1931) . . Erie gen; 4sV. . . .' Illinois Central ref. 4s ......... . Int. Mer. Marine s . v Kansas City Southern ref, &s ... . . Liggett and Myers 6s . Louisville and Nashville un. . . 4s Missouri, Kan. and. Texas .1st 4s , Missouri .Pac. gen. 4s New York Central deb. 6s. . Norfolk and Western cvv 6s Northern Pacific 4s ............ Pennsylvania gen. 6s Spfblfc fron ind BuVlV-; (iiioi St ; Louis and San Fran. adj. 6s Seaboard Air Line adj. 5s ....... Rnnthtm Bell Tel. '6s ... ... . . , cm, thm Pacific cv. 5s Southern Railway 5v tt- tt Rtmml BS- ........ Virginla-Caroj, ChemlealSs WADUn xbv ....... - - wnnn and Co. cv. e 100 104 7t' JACKSONVILLE NAVAL. STORES! r ;t.ttt?y , in i rr i i r-'-"'"'Y?-'"'',:i. -.. JACKSONVILLE. Fla., Jan. 14.-Tur- pentine- uncnangea,; ' "ll iT ceipts 218; shipmenti 512;.. stock 25,487, vbt?-i nhnne-ed: -sales none: re oelpts -iiUi shipment none; stock Quo'ieB. D. E, tIo H. I. K. M, N, COTTON market roatket 7o per per lo COTTONSEED OIL NEW YORK. Jan. 14. After declin Ing 11 to 25 points under liquidation, induced bv lower lard. - cotton and erndc. cottonseed oil rallied on buying Vvth south and active cover in ca of ehorts and closed 9 to 25 points net higher. May sold rrom .J7 up to .aa and closed at 9.31J.83. Sales 18.000 barrels. -Tenders 100 . barrels. . Prime crude 6.25 sales; prime summer yellow spot 8.708.0; March 8.94; May 931; July .fl. TM marxec oiosea sceaay. July 9.61. ' ' DRY GOODS MARKET NEW YORK. Jan. 14. Cotton goods markets continued active today, fine rrav roods beina- bought: freely- and other lines showing, strength. - Yarn markets advancea ana , selling oroaa- ned. . Burlan markets were firmer on the V spot, but. weaker in Calcutta for shipments. New; low hosiery . prices were named. SUGAR AND COFFEE NEW YORK, Jan. 14. Raw sugar aulet: refined light, at 7.75 lor nne srranulated snot -coffee irregular: Rio vs d to i; Santos 4s 9 to 10. . NEW YORK-LIVESTOCK ir- 6.50 NEW YORK. Jan. H- Cattle. regular; steers .eolO.SO; bulls (&8.00: COWS Z.ZS6S6.60. .-- Calves, weak:, veal's 10.0017.00: culls 8.0009.00; little calves 6.00 8.00; barn yards 4.00 6.00; yearlings 4.00 5.00. Sheep ana tamos, irregular; sneep (ewes) 4.00 5.50: culls 2.502.00: lambs 9.50 012.75: culls 84)0 C 9.00 Hogs, firm; medium to light weights lnclndlng pigs 11.00? heavy hogs 10.60; roughs 8.76. BLADENBORO CbTTON MILLS GETTING NEW ORDERS DAILY (Special to Tae Star) ' ; BLADENBORO. Jan. - 14, The Bla denboro Cotton' Mills report that orders fox yarns are being received dally and one day's shipment this week amounted to six solid car: loads. This was taken as Indicating . that business' In : general 1b picking up and all hope that the crisis is passing. - . , SHIPPING FLORID A SHRIMP SOntaper Canwlag Plaat Gets 7.000 i .,;,: Bahel Fron tae South (Speeial tm fTkm Star) SOUTHPORT. Jan. 14. The Sea"Food and Cunning company hr has been In lull operation- for the past two- weeks receiving 2.009 bushels of shrimp in Iced cars I rom . Florida -waters, and other shipments iwlll-coms weekly. ' Shrimp are not caught in local waters at -this season and the plant buys them in the south, can them here and ships its products to wholesale dealers north. Reeently the company received an order for foreign shipment, through New York brokers. Richard Dosher and Charles E. Gause left Monday for Florida to look after- the -company's business.- , . DURHAM H6S1ERY CONCERN IS GIVEN A BIG NAVY ORDER 1 (Special H The Star) 1 ' DURHAM. Jan: 14. The Durham Hosiery - mills -have ..landed - a- govern ment contract for: 1,600,000 pairs of pose for the "navy, according to. a telegram received bv the local. offices today.' The contract was awarded in Philadelphlar The total money Involved Is said to be more than: 3250,000. Although details concerning future - operation of the plants .of the company hava-not been announced offlclals teajrvwere admit tedly'mCre optimistic thanfat anytime fell nee depression struck ' the hosiery mill business, causing; the lbsing down of hundreds o plants.- MYSTERIOUI SHOT: -THROUGH A . v ;rWINjaoW.;KILLS MAXTON . NEGO " v : lspecfal;to'Tliie- Star)'. - ' h MAXTON, Jan." 14. Robert Monroe, negrsv, was .Instantly killed -last night, when an -Jjnknown party firedi a , shot through ths window iap.e of the House where he was visiting. It Is said that Monroe was wanted for killing an offi cer and that a reward of -81,700 was of- fered for his capture.., An inauest was held last night and the verdict was that he v was "killed? at-' the "hands of an un known party, " - i JUerchant's Prol , leins and Current- Trade Conditions Aeeeptance va, Caacellatlona Advocates of trade acceptances Mint out that this method of setUement, In addition to releasing commercial credit for other service rather, -than keeping It tied up for months in open accounts, would check tne cancellation of orders and the unjustlflibla feturst of oods. The man who buys : on an open, account often takes as great a chance upon the, future as the Jobber, wholesaler, or manufacturer who la willing . to sell them.on credit. The possibility of find ing himself unable to meet; a particular payment does ;notvorry i; him,,, theayj commitments are."hia4. and suddeuli he discovers that he Is. badly overload ed. : The easiestway Outila canceUationi But the man. who orders nd then 8lgns a trade acceptance closes the sale defl-r nitely. v; He knows he must - pay , on.- a specified date. It la urged thatthese two facts should bring into his buying an element oi caution which Is not. so rorcibiy provoked, by usuaiopen ac count practices. " i, . Volwna;iof OaaeelWtian V Cancellation of sales contraota aurin Jast year up to the UUe.r.par, pf .Der cwuuor ncwuun mr ie accumulation of over 3a,vo.eo9,uoo:;wortn4.,offtsttrr chandlse on piers, in warehouses, at railroad stations, on cars, and in steam ships in the United States, according to a recent Inquiry made, by the chairman ot the committee, on arbitration of the chamber of commerce of the United States, Ownership of the above goods Is disputed because of fault, finding and attempted and actual canceuatuonAn other ll.OOO.QQO.QQQ worth of American goods abroad is held up under similar circumstances. i, ' , Patting Sale Over ' Most retail stores these days have ad vertised varlous-cuts; in prices, so that no store can expect more than its usual share of Increased buying unless it somehow gives individuality or distinc tion to its o-stn. sale. There are ways of giving a sfle a tone. One store has held a "Bluebird -sale,"- using Maeter linck's symbol of happiness to help it break the "buyers' strike." Blue birds printed on the counter cards, blue birds as borders on - the advertising, blue bird on the- streamers in the windows. The idea carried'. ( While the sale was on a ealesman'landed in the same town and called upon another retailer for an order of dry goods." Vot do : you ex pect Tl- sputtered the . . retailer. "You can't do enny beeSiness.1 Everybody is gbingto dot -woodpecker sale. British Textile Experts DropT Great Britain" is the world's heaviest shipper v of -textiles, ; ajbydf her, exports hay resj .-bearing upe-m ; th textile situation hare.- Her exports ot, piece "fds. during December fell almost J.00,000,900 sauare vards. from 842.000.. .ajwine Naverober .tc only 243,00V OOQj nothing, short of a precipitous de cline. The quantity- piece goods that went forward, last mcfotfc Is wer under half the 681,000,000 square yards which she Sent during December, 1918, and it is slightly over half what waa export ed , in the same month last year.. , Most of these shipments lastmonth went to India. ChinW Dutch East Indies." EaryDt. Argentine, arkl heavy : quantttfes to otner countHes In South America; Brit-; tsh'xpdrts: of cotton yarns last month fell 3,285,Tcatt-to-onlyJ-T,71?,0), against" 1 4,S94,O0O f o the same nonth last yearv andMT.S07.OfO In 1918. Wool en 'exports fell 4,119,000 pounds to , 184,000,' agatnst 12,763,000 a', yeas ago, but were higher than the' same" month In 1913. British'1 Worsted 'experts, un like ; the trend of i other major classes, increased ''rather significantly during Deetriber.t? ExpOrtS'both off woolens and worstedst Indeed, 'were very much heavfer -'during l2'-than last' year or I9Il Gf Woolens' she Shipped 187.0 00.- f 0ftphd last "yearSgainst 10fr,00,- poo u( ui3, f Tor example and of wors teds -she' shipped 77,000,000 yards - last year,' against only 83,000,tt00 in 1913. Imports rof ' British 4 worsteds by the tynlted States, moreover,- jumped to - 718.000 yards last year, as compared with only 1.590,000 in 191s although lower than 9,218,000 tn 1813. We took 160 per oent more worsteds even during December than the month before. Ob viously Great Britain's ' trade in wool, aided by her control over the raw wool market, has fared much better recently than her trade in cotton a i .. Short Course in Retailing ; A course in merchandising and busl ness efficiency will be offered In Phlla delphia by the national association of retail clothiers from January 31 to Feb ruary 4. Attention" will be given to credits, and- collecttons, display, ac counting, .advertising, . and salesman ship. ; Several lectures will also be devoted to. the :expianatiopof manufac ture and to the Quality. in textiles, clothing, hats, aid, garments of various descriptions The.', sixth annual mer-' chants' short course "will be ' held at Xausas University at : Lawrence from February 7 to 11, and about 600 Kan sas retailers are expected to attend. That program consists of lectures '.on salesmanship, store - management, ad vertislng,: business law, accounting, wihdow trimmingf and show-card writ ing. '(Copyright, 1921, by N. Y. Even ing Post, Inc.) r't - URBASISCHEDULE - ' - TDBB WATER POWER COMPANY WUte Psttk 8agat, VTrlghtavtlKv- WrtghtwiUe -- k - - IntcmedtSitSi Ptet - , JCttecttv Tfcmjwdayv Oeiefcw T, ItSX Leava Wllw.ii. . i Wrlgatsvllle" Leavo . , WUaalgtost Beach i:6d,A. M, WO A'M.; I 8:00 . ,.. :3Q A. M. J 9:80. A. M. 10:0 A. M. 11:30 A. M, 1:05 P. M. P. M. 2:30 P. M. . 20 P. M. t:3 P. M. t :Q P. M. 4:30- P M. 1:00 P. M. :3t P. M. i:10 P. M. ' : P. M. 7:15 P. M. .8115 P. M. 9:15 P. M. ' 10:15 P, 1L ,11:15 . P. M. l:60 7:20 A. If. A M. 8:30 A. t :30 M. M. :0 A. XL U: M. :30 A. 1:01 P. 2:W P. 2;8QrP. M, ;u - jr. . k. ilSO P. It. t 4:0ft P. M. 4:30 P. M. 6:0 p. M. ... MVM. 6:10 P, M. P. M. 7:15 P. U. 8:15 P. M, 9:15 P. U. 1ll;l5 p, M, - - i Leavo . Boaeli . '.." WUwiaartost 86:00 A, ML i 16:38 A.-"M.f- 17:05 A. M. 7:85 A. 11. " Wl A JJ0U6 ,A, 10:45 A. -U:lt, P. i:4l.. P 2:45 P. :ll P. M. M. M. M. . :4s P M. :i P. M. t 4:U P. M. , :15 JK M.; :4ff P? M. :29- PiVM.' , :lf P.rM. ' 7:3S P.U. 7:5 P.JM. 2:30 p. 24, 8:80 P. U. . Lesrra ' Wris-htavUM WllaUagteaw :10 A. M. TiilQ A. tat a. 7:20 A. M. -T:60 ' A.. M. t a a 9:26 A. "M. 10:2S A." it - 1Q:M A, U. U:25 P. 2L l:SS P. M. 246 P. 24, V3:35 P.M. 85 P. IC P IU t 4;&S P M. ' 5:25 P. M. -.vt:U P". M. Y'. :85 P M. 7;05 P. M. '7:6 P. M.' ; : P M 5:45 P:.M. 8:45 P. M. iXCEPT bIIaIIAi. VROH STATluK V- 1. This car connects at WrightavUle on snecial imimiI ta. transnar wwn oijica. jrnons naj iiwi. ON 1 clal 1 m ft Br IThis car will go through to beach on special reouest to transporta tion. office. ' - ' fDally except Sunday. , , ' " ; ... rj I Saturdays, and Sundays only. , ' (Sundays only. TrrrlTh't HrhndlnTr TlalH- Rmnt f)na. Leave Ninih and Orange streets 3:00 P. M. Freight Depot open, daily except Sundays from l;0r to 2:00 P. M. STATE SECURITIES, COMPANY. ImBSTMENT BANKERS STOCKS BONDS INVESTMENT SECURITIES R. JL HENLEY, President , 903 Morchison Bank Building Telephone 290 la Iheiteestor His Present Opportunities and Problems , RlakS. Are Self-Evident" When a bond, for one, ,or. more rea s6ns; -sells Fheav i&fscent,yfelding greatly in exoess of the ruling rate on gilt-edged securities, the purchaser gets little peace bf tnlnd out of the self assurance th;at being a bond, it must be a good investment. Extraordinary profits cannot be obtained without more than ordinary risk. With this axiom always in mind the investor;: who is seeking a real Investment' may come closeto finding what Is best suited to his purposes simply by eliminating se curities In the order of their specular tive appearance. J$e must make due al lowance of course for the normal de preciation which is due iri a bond of small coupon rate during a period of high money costs and high priced sta ples. A long term first mortgage rail road bond of high rating- but bearfnr a coupon rate of' only 3.50 per cent ! not out of line with today's recognised worth of money when It Bells at -67. But when a railroad bond with a rate nt s ntr cent sells at that figure It is time for the Investor to be wary and J look into the reasons Wilmington Masonboro Southport . AdJnMtment Bbd Atehlaoa va, F,rtsco Comparison between a .bend; "hich appears ..to be spsculatlye with a well rated bond of the samov title and; char acterlstios will dlsclos hew much of the yield on the poorer Issuers applied as compensation for aome defect Take the St. Louls-Saii Francisco- railway ad justment' 6s for lnstan6.e'-;'lJopr a long time they. - have been among the most active, bonds on the list, of corporation issues, and bqw stand at a point whre the yield Is about ,60 to maturity in 1955. Atchison Topeka and Santa Pe adjustment 4s, due In 1995, ylell only 6.70 per cent, ; Here 1$ a difference of almost iNper ..'.cent that must . pf Recount ed for. Both are entitled . to interest only when and if H ia earned. ",.lntereat is cumulative. -In these .respects the bonds resemble ' preferred istocks very closely. And, that being so. an Import ant point for the Investor to Inquire In to is the company's record of payments on this particular Issue. The Atchison bondholders have been jrecelVlng Inter est regularly , since the bonds, were is sued in 1895. whereas the Sap Francisco bonds -have been receiving : payments only since July. 1916, and in one year, 1918, the payment entailed a small de ficit. Araln. the - San Franelsco's roar- gin of safety on regular funded debt has been narrow : while : the Atchison's has been5 eonvtoru, v i i 4 V ' '"--." - h AtcMvea-EMten Oklasoma 4a '-X yield bf T per cent IS obtained In th ourchase . of Atchison, Topeka and Santa Fe, ' Eastern Oklahoma- division first mortgage - 4s,- at . tne present, mar ket . nrlee of about 83,60. ...This high yield on, a well i secured-; bond of the prosperous Atchison' system, is due -to the short .maturity, vizs. as in u casAB where a Vbond of. low coupon rate aonroaches maturity . In a period ' of hivh monev rates, the current return on the Eastern Oklahms.is is lowi. 4 t nr cent." These bonds are a direct obligation ot ths Atchison company and are secured-by a first" mortgage on 477 WiiUa of road. . Ths "outstanding bonds of i this issue being only. $9,603,000, the UtM-nta ner tttllrf is 320.182.- The Tthlson'sreneral 4s of 1995 and adjust ment 4s; of il995 arer secured on this same mileage but oniyfcsrjumor lis additional bonds may be Issued un- de the TlSastsTn Oklahoma ' mortgage : . ' - ; '," ' . f : '. '. f--J",:',' 's-' i "f,i -.- ' TiMbme Beida Speeulatlve ' -if - j Adjustment bonds are ' Usually Just one., step - nearer.- to. property tnan ip com bends. Tho latter receive Inter est if and when earned and differ from a preferred stock only In that the tft'tWUsUnctoa come bond, calls for repayment of prin cipal on a certain date. In this way it is a liability . of the issuing, company but not an obligation. In other words the bondholder may bring foreclosure suit in the event that principal redemp tion is-not made, but he cannot fore close for non payment oCtnterest. There is nothing to restrain a railroad from making improvements or extensions by Using funds which would otherwise go (Copyright, 1921, by N. Y Ppst. lnc - ... ' Evening i WILSON GINNINGS, 3485 (Speofal to The Star) WILSON, Jan. 14 W. C. Harper. official statistician for Wilson county, Shows -that there were 24,085 bales of cotton ginned - in - Wilson county from the crop, ox 1920 prior tor January 1. 1921, as compared with -19.613 bales ginned to - January 1, 1920. Ui 5.W1ATHER BURFAU Wilmington, Jan. 15, 1921. Meteorologlca.1 data for the 24 hours ending at 8 p. m. yesterday. ' Hiuntdlty Record Dry. Wet Relative . ; bulb bulb humidity . . . temp, tmp. percent 8:00 -a. m.. 63 ...... 60 ;82 I3:12 n, n... ...j., 64 63 95 ; .3; ' n... m, -,57, -; 7 IW j . Temperature: 'Maximum 69;" mini mum '89; mean 84. ! ;i Rainfall for the . day .85; since first of ?nont hto iate ;87.. i , r ' 1 . North : Carolina: - Cloudy and colder Thursday; .Friday probably, rain with' rising, temperature. "Sun rises 7:18; sun sets 5:2(J. y '' .The Tldea - '" ' High water. Low water , A-4L P.M A.M. P.M. ... 1:87 2:07 9:10 8:24 v. 11:18 11:40: 5:38 6:05 ...11:33 11:55 6:58 6:20 STOCKS and BONDS COTTON, GRAIN AND PROVISIONS H. G. Latimer, Jr. Member New Orloaaa Cottoa. Exchange Direct private wires to New Orleans, New York, Chicago and all principal points. Orders solicited for future delivery In Cotton, Grain, Provisions, Cottonseed Oil, Coffee and Sugar, SV n Securities bought and sold for cash, or carried on conservative margin. - v 4 - - ' Ctoneapoitdeat. H. and B. Beer, 491 SOUTHERN BTJILDINO New Orleama. U. JPHONB X. What Do Yen Think Of TataT AN 1VERJOHNSON BICYCLE For Your Boy . or Gtrll QUEEN CITY. CYCLE CO, .SOP Market ' Street . TELEPHONE 80S NOT TOO LATE TO PLANT RYE WE HAVE 100 sacks Rosen Seed Rye. 20 sacks Abruazi Seed Rye. DON'T FAIL TO PLANT OATS 500 sacks Burt Seed Oats. 100 sacks Rust-proof Oats. . Bg stock of all kinds of -Feeds and Canned Goods Prices on basis of present costs D. L. GORE COMPANY Wilmington, N. C. Your Boy Wants A CROWN MOTO-BIKE Cash or Weekly Payments Wilmington 215 Market Street , Phone 526; STARKE Y & GOLDBERG STILL LEAD THE WAY BACli TO 1914 PRICES s' ' v NEW AND FRESH ' ARRIVALS Suil-Kist Sliced and ilrated Pineap ples Asparagus Tips, Yellow Cling Peaches, Oscar Mayer Brand Canned Meats,- Carnation -Milk. All kinds of Canned Goods. Blackeye Peas, Apples, fresh and dried. Complete line of Candies. Bear Prochice and Merehan v t diso Company - CWhoieaal Only) . Cor, Nytt nnd Grc Streets ' ? . PhoiwMi sB2iii.4aKi v 4 We Mare a Goed SpftIyoe Coal : Cement : Wood A trial arder-wlll eonvtaea you of " . aaUty.-fael and aervleo Phone 2331-W BECKER COAL AND OUILDCRJ' jSlTPPl Y COMPANY r Caatle, QiUeen and Surry Streeta WEATRER BUREAU REPORTS. TA-tIONS-.. Temperature: u la A-bilena . . . . elearT 34 T Asheville :v-?eloudy 40 Atlanta .v.. cloudy 46 Augusta cloudy 44 Birmingham Ipt. cldyl 42 Boston a. . , . i , , ralnl. : .54 Carlestohn cloudy 66-Charlotte- .. cloudy 34. Chicago, ...... snow 26 Galveston -. . . ." clear 38 Jacksonville '..cloudy 66 -Memphiar-. . . cloudy 88 Mobile . , . . oiear 56 Montgomery . clear 52 New Orleans . . v clear ,64 v New. York ... cloudy 54 Oklahoma clear , 44 Palestine1 ."... clear , 50,' Pittsburgh pt. el'dy . 40 Raleigh ..1 . cloudy '. 58 Savannah' i'. ,' xloudy 64 Shreveport ' . : .' fclear 0 St., Louis ,:.snow 8 Washington r;rCiowry aS U 8 P a 43 o ' aa 3- 84 .24 28 '32' 1 86 24 .46 26 '22 44 ih 34 44 '8' 36 20 '82 ' 80 28 ' 48 22 22 : .00 ,06 .00 no 8 1.02 .88 1.01 .24 .09 . .00 ,.60 - .00 .00 .00 T.00 4 -.00 : .00 .04 -f-7t .34 .00 .-.8 Telephones 123-123 cantiiR COrpiDocKJrfc W. E. & J. H. TAYLOR . L family groceries and cofn- try produce; Frnfta, Candies, Cigara aad Tehaeeo CaJekeaa, Egga, Meats. et. .,; Narth Carolina Meats ,. "-- v '-- . .. Specialty : .- -.' . 012 Castle St. ; , TWe MM - ttt. Vv -v? WILMINGTON MATTRESS AND UPHOLSTERING CO. FOURTH AND WRIGHT STS, . Upholstering aad Repairing Furniture Packed and Crated PHONE 1851-L3 v ITpn REMODELING .... AND GEN ERAL rrOUSB REPAlRf, SEE a PRTOGEN . - 806 S. Seventh Street Abdominal Belts " Special to Ordijr. TeRexall Store CITY ELECTRIC Ca 206 mcfM St. Phase 90S APPLIANCES t MAZDA LAMPS - WIRING r SUPPLIES UNION METAL WORKS Tin and Sheet Metal Wsvk . Radiators aad Fenders Repaired : Jl9t. Ato rurnaees Installed St. Toleaoar 310V 14 S. rsisro Cosipons Prom DIX-E BREAD They Art Valmahlo -' i-.'; '.i-i - Atlantic Bakinsr Co.'- Iff - ii ! . 1 Hi !" n I If!.! I' '.If Ml 1 i ' i ' (I i ii' I f i: t I: 1 1 (I l. I I I t 1 . f ran 1 1 5 It I 1 it it, ft,: ;WO,v.WW.;JU-. . ; v. Jr. hi ' ! ?.
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 15, 1921, edition 1
9
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