Newspapers / Wilmington Morning Star (Wilmington, … / Jan. 29, 1921, edition 1 / Page 11
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SUBU RBAN SCHEDULE .- " TIDE WATKB POWER COMPAJfY-" Wlxter Park, Seagate. Wrlghtsvlile.. WristitsvlUe Beaek mat Interi4ite Folate- - ' ' J ggeettve Thataday. October T. 130. ;' cial- News'vafid r inancKiu - i 1 ir aura vrW YORK, Jan. 28. -Ths features , tt? cotton market today were the ftJoSointlng character of the news J1 Liverpool and continued March fii Much of the, latter was Spanied by purchases or Slay, Z or October, however, and late months were relatively Arm during the Hrfl day. showing the tendency to- Sff increased premiums resulting ftm the presence of a comparatively l?ge certified stock. March sold off o 14 26 or 46 points net lower and dosed at 14.4 8, with the general mar; ket closing very steady - - The opening was barely steady - at a latively weak Liverpool cables and v weak Liverpool cables andUater. Kivate cables said the decline in Liv-1 irnool was due to Manchester selling nfav privai iroool was aue w rairein!r swjmg !rnd welt of spot demand and one cahle Sported rumors circulating that mills n the BiacKourn uiiui "mta.- ;,lir9 would be closed indefinitely. : It was thousnt possioie ini we uecime bar silver had been an unfavorable niuence in Manchester, and the show- f. 0 the cables was a great dlsap- 'nintment to ouyera uu cwiuy a r St of improvement. May sold off to ?40 and Juiy w -e i . ,enn aua iurther resuxnp- f.o'nts below last night's closing fig-Lon of .activlUes in several of the lead s but general business was quiet I tog .lines of industry recently under j dprriand from sellers xf Majchlcute depression faiind tn 8n . .v.. latpr months a shade above ?enl . . .lniiTiir nnntatinnii tn thai ute trading. Reports of a lessactive iusiness in domestic goods were a th earlv decline and there as some southern selling early but r little pressure from that source In thO jaier irouius. rioths at Fall Kiver tor tne weeK estimated at lio.ooo pieces or less hn half the total for the previous week Exports today 24,024, making ?u'342 so far this season. Port re ceipts 21,556; U. S. - port , stocks 1,- 493,173. .'-'V, "-'.. DAILY COTTON TABLE . Port MoremAt ew Orleans Middling 14.25; re- rints 3 775; exports 8,664; sales 934; Lnpk 439 823. . . fiaivest'on Middling 14.00; receipts 10 609- exports 9,130; sales 686; Btock . ' BrhiiP--iiiddline 14.00: receipts 188; Savannah Middling 15.00; receipts maA- omorts 5.671: stock 152.597. ' Charleston Receipts 118; stock 245,- .801. . m mm . t i A M Wilmington Receipts i; siocki aa,- 611. Texas City Receipts 1.09U stock 3,- 601.- VnrfnlU Mlddling 14.00; receipts 1 732; sales 410; stock 71,977. Baltimore Receipts 2,383; exports 169; stock 4.524. i ' Boston Middling 15.00; receipts 8; Philadelphia-Middling- 15.00; stock New York Middling 14.75; exports "IIS 2.K77. - ,fl.vTfint 21 457: fixnorts 4,024; stock 1,491,889. Total for week Receipts 146,460; ex ports 96,984. - ' Total for season Receipts 4,006,402; twa wwox. ... Interior Movement , V n....... uik.o- nt cn .tut,. .kUmt. 1A799- -alo 1 CflQ. itAiv 'i -r. f-r ",??iu.,r8 9;flJJli. ii ca: 2,638; shipments Block 383,670. Auerusta Middllne 14.00: nt m; -shipment. 500; 'sales ,827; stock ,WVI, 'Louis-Middling , reilpts Atf-'r t ,pWdnis bS i ' " Atlanta Middling lo.ou. , Little Rock Middlins 14.50? receipts 537; shipments 952; sales 350; stock ?2,735. i Dallas Middling 13.00; sales 5,072 Montgomery Middling 13.50. 1 Total today Receipts '25.895; ship Wents 25,793; stock 1,003,064. XEW ORLEANS COTTON NEW ORLEANS; Jam 28. Declines persisted in the cotton market today! throughout oraeticallv the whole ses-1 ion except that toward the ' close a bullish interpretation was placed on news from Tar is ree-ardine modlfica - tlon of French demands on Germany and shorts covered in a large vay with the result that almost a full recovery rame about, prices rising to a level three points up to' three points' down, compared with yesterday's close.. Last prices showed net losses of 2 to 6 points. ' . , Early selling pressure was due to poor cables, claims of a quiet and easier tone in American drysroods mar- kets and nrlvn.tA meanatrvn from Ilv- erpool noting further short selling by ManfhfHtfr and fllino- rtf nimnr. that some English mills were clpeingMor a" luaennue perioa. in aeciine was b-raauauy widened until it amountea to 26 to 34 nnlnfa March tnnehin 13.92. Lowest levels followed tele - srams from Pall River estimating the Peek's sales in that market at only iu,uuu pieces of cloth. More or less Hins also was caused ' hy . the small mm laKings tor the week, Hester es- "mating world takings or American cotton at 221,000 bales against 292,000 this week last year and 287.P00. this week two years ago. . J T . Th market acted nvrsnld VI n the early afternoon and for a while it displayed inarked Tieadlss; softening - "-we, uuwevvr, just on ine ciose. NEW YORK COTTON (Special to The Star) "MTT TTT xrrr-rr t a a -wv . - Hl!rP.l contributed to: lower prices fo ULD n.m" d d tnve. NDir Tnm Moh.f.. i. uf.r ., uiuuuiLiuii lu m ueciiue j . . " " v vv. ews rrom Mancnester is uetter from domestic yarn and dry goods kets i8 favorable. One lafgs dry as distributor reports haying done u iron markets W business thisrTorn?h "tSlSS KUOflQ li.f.lL... . . i - . 'rrious 8lx months. . Straddle trans- ti0na wer don n important vol- me. creating relative weakness in the "ar and strength" in .the distant months and further broadening out, of oifferences is expected. The undertone Lt?e,market today was very; good nd looks well for the steady or higher Pce. - rtmno nnnoi . OA vmvto uxvwa.ot.w COTTONSEED OIL V NEW YORK. Jan 9.ttr,; Xn ftdvano.,, JcanJ 2oonseea ou A k f7 o .Vf.: -I".!." rho. , o yum is eariy vn me oetter nhnm nn. i i j . -. TtfLVi 1 buslness in compound Jard, but brings Increased toward the .close $ rUSS: r" points, sales 11.500 barrels.. - Crude was a shade hither t Prime ie 6.1 5 6.25; prime summer yellow "Pot 8.309 00- Xrmh 8 5" Ma v 8 99 nd .ini. 1 ,f fiJ" JM7..'- irnv nnAn. ' ""o jAvu-a aD' 'faawswsffl '"WW. VVM i .... . ..... .. ... aiM Jy"Pthy -witte London wool Ullrlo-- 1 ,Lul BllI , 1UVI (KUVU, jvc ?s were steadier. "WEEKLY COTTON STATISTICS WrtJJl!;09IniLls 46'000 Dale. o which 1 "on i 7,2.M Sports 18,000; American ,0- Exports 9,000.- NEW YORK.- Jan 28 DeAiinr m the. stock market tSday werl dull aid superficial throughout LrSesslon Al- most the only. iSue, to maniD anv degree of -ItmKi those which derived their 8upporT?o? Impetus from pools. v . 0" of the several grades represented by Mexican Petroleum, General As- Phalt. American iinseTd mmoi- and Preferred and some of the low grade crude companies were again the dom- int f features at gross advances f one t o four points. Shippings, cop- 0oto'"'aMeraories--';-undtT specialties trailed at less substantial Uaer - f Issues were comparatively neg- looted under the narrow movement 'Jly- tne narrow movement fion.ra"s indicated an absence of more than casual-interest. That group "irau progress m the final te?ss, how?ver' on buying of Great v iUO,u wortnern Pacific together Jth secondary or cheap transporta- tions. . Sales amounted to 600,000 shares. ; ; ,: .-, ' , i mv iYurao5 aeveiopments as the over-subscription to the Pennsylvania I market from it anathv There ota tin m,nnj i-.u.-i. In the mdney market, demand and time J01"18, holding at prevailing quotations. notwithstanding rlie -ratir strain twi. posed - by new corporate financing and I t increased demands from mercantile I - u. u, .uuuui wtre un- i vuaujean can. KBWIOWC STOCK IilST Stock Am; Beet Sugar ..... Am. Can . . Am. Car and Fdry. .. Am. Hide and L, pfd; Am. Interna Cnrn . - . . . Am. locomotive ... .. Am. Linseed Am- Smelt, and Ref... Am, Sugar .. ....... Am.- Sumatra Tobacco. Am. JeL and Tel. .... Am. woolen . Anaconda Copper aui vum( xjtns .... j Atl. Gulf and West I. Baldwin iiocpmotive ti. and O. I Pa4kUl.nm Caa1 (ml i D" Central Leather Chandler Motors . L , . C. and O C, Mil. and St. Paul . S,1R- A. aild Pa,c' : vuuv VUvpr ....... Coca Cola . 1 . . . , . . . . .' Colo. Fuel and Iron . . Corn Products guba Cane Sugar Ge&ral SlVcTrU General Motors G. Northern, pfd. Gulf States Steel Illinois Central Inspiration Copper int. Mer. Marine, pfd A 55 H International Nickel 10 62 Vi 20H ""a"lner I Kennecott Copper . 1 1j. and JN. ........... D Mexican Petroleum Miami Copper .... 161 157 19 18 13 13 Sl 31 I Missouri Pacific i , 19 7S 18 72 ., XT , 1 nd Hart 21 21 LXff 101 101 68 85 3 75 OkiaT Prod, and Ref. I !, . r.i.-. gan;Am. Petroleum . 3 76 41 41 29 Pitts, and TV- Va. 30 86 Pure Oil . . Ray Con. Copper - . . Readlne 34 13 84 13 85 Replogle Steel ....... b Rep. Iron and steel 67 67 22 Royal Dutch. N. Y. . 66 St. Louis and h. rran. Seaboard-Air L4ne - 21"k22 ,6 Seaboard Air Line, pfd ;11 23 98 ,58 '58 Shell Trans, and Trad, Sinclair Oil and Ref.. . 45 24 I Sloss-Shef . S. and I. . b4 I Southern. Pacific . 1 Southern Railway 98 68 98 68 I Southern Ry, pfdVV.'b Std. OH of N. J., pfd . Studebaker Corp. . . . Tennessee ; Copper Texas CoL .......... . Texas and Pacific ... Tobacco. Products ... Transcon. Oil ...,.. Union Pacific . United Fruit; . . i ... . U. S.r P.ood Products ,. . 109 108 108 574 9 44 20 56 10.K 56 8 43 19 65 10 56 9 43 20 55 10 126 H 120 107 107 106 26 25 26 I IT S. Ind. AlCOhOir. ..v 70 67 69 66 69 83 110 56 37 37 86 U. S. Retail Stores . I TT S. Rubber t ....... . 57t56 70 83 110 I United States Step! . . i u. c.!.duii.-v i u tan copper . . 67 fir I Vanadium Corp 28 87 1 Virginia Caro. Chem.. Western Union .... Whouse Electric . . . 80 45 45 8 l wmys-weriana Invincible Oil - . 8 25 69 25 68 Gen. Aspna,ii "Total sales, 538,100. NEW YORK BONDS & rZ.YLJl&.:"A v - A . l.t..A4 9 89 .....b 102 i u. S. 4s, registered : U. S. 4s, coupon. o -: American Smelt, and Refining 6s 78 American Tel. and Tel. cv. 6s. . . . H Atchison gen. 4s .............. 78 itiontin roast Line 1st 4. . . . . .D 79 Baltimore and Ohio cv. 4-., "74, . '85 b 83 nVral'of G7orffii Con. "Sb.. i r :. I Central Leather ,68 . 92 , . an1 nh ' '.Tr rthin nv e ChfaP!" n.d 001n0(.Tolt';., t2 Ch cago, B.and Qacy Joint 4s.. 97 Chicago, MIL and St. P. cv. 4 s. 70 Chicago, R. I. and Pac Ry. ref 4s 6 96 1 oi SnnVh.rn i ii Colorado and Southern reHa. enY rtnfRranlda 5s U9h) . . Dominion of Canada as uvuj . ... 'o 'F6 ' ?w-VVVii ' Illinois Central , ref. Js ........ . Int. MerMarlne 6s .i .. Kansas City .Southern ref. 6s ... Liggett and Myers 5s . ..... . . TnTavillA and Nashville Uni" 4S. 74 64 89 43 76 811 S3 59: -ZZl-J, T?n Ttaa 1st 4a. M missuaii, ---" , y i Missouri pao.j gen. . .... . ... . . ,. - I Missouri Pac. gen. . . . . , New- York Central deb. 6s Norfolk and Western cy, 6s 103 Kftrthern Paciflc 4S- ii-ra -tr;- -paciflo l " i" . .v.. t, I Tnnnnvlvania &ren.- ts 89 81 S618";8 aVuAi'sa ''QMOVb Repub, Iron and Steel i 5s (1WDS 86 StT'Loul. and San Fran, adj 6, 65 g"" Sin Ha - - r - - : Southern Bell .Tel. 6s Southern -'Pacific cv. 6 s.. Southern Railway 6s..., Railway aen. 4s ...... 22 90 6 60 " I TTnion Paclno 4S .... i ...... . .. . 74 ft V f a R. and I. 5 Ms (1937 86 W 94 9$ 88 86, W . A.. v ' SaafrSta"- - - , .. i ' i JACKSOJiTlLLE NAVAL STORES ; JACKSONVILLE, Fla Jan. 28. Tur pentine unchanged : . sales , none ; i re ceipts 23T; shipments none; stock. 25,- ceipts 1,03; ahlpmsnts none; - stock I Quote B, tt E. F, G, .HL , K, -M, 1 WG, WW. 1J.30. CHICAGO.- Jan. 28. Uncertainty as to the ' interpretation "to be "Placed on government figures regarding -supplies oi i wheat in the United states did a good deal today , to unsettle (the wheat uiu.rK.ei, After much . whipsawing of j prices the market closed irregular at -net lower to 1 advance, corn temreted bn businean tWtetrn- -finished off to .V; oats ,, down -iyitSl-.SRh. " 10 a ue gain, and provisions snowed a rise of 2 to 25 cents. WILMINGTON MARKETS SPIRITS OP TURPENTINE N. D. .. HOSIN N. D. - TAR $3.50 and 15c' , VIRGIN $5.00. TELLOW DIP $4.00. HARD $3.00. - COTTON WILMINGTON SPOT $14.00. - - - ;- ' - PRODUCB . MARKET . : CORN $1.15 to $1.50. . BEEF 10c to 15c. VEAL 15c to 16c. 1 BACON (H. C.) Hams 40c; sides and shoulders, 30c to 33c. UAJE3 TALLOW 5C BEESWAX 25c. HIDES 3C WOOL No market. HENS $1 to $1.25. LARGE FALL CHICKS 75c to 80o. SMALL SPRING CHICKS 35C to 50c. dulL' v ' ; EGGS Steady, 50c to 605. BUTTER 35c. . I POTATOES $4.00 bag. WEET. POTATOES $1 to $1.25. CABBAGE $2.00 to $3.00. cwj. APPLES $6.00. to $7.60 bbL nnrmirhTrniu DKininr HiniritT (Reported by J. S. Funchess St Co.X White Spanish, farmers - siock, new crop, primes, per bushel, paunas. $1.10. , North Carolina, tanner stock, new orop, primes, per bushel, 2S pounds. 90c Virginia Runners, farmers' stock, new cron. nrimes. cer bushel. 22 pounds, 88c i Virginia Jumbos, farmsrs stock, new rop, primes, per bushel. 22 pounds, $1.00. . . .- . PrTERSBURG PEANUT MARKET (Reported by Rodgers. Plamaer ana Company, lac.) Sban-sh (farmers' ': stock), market firm. $1.00 ner bushel , Virginias (farmers' stock), maraei firmer. - Fancy Jumbo 6c to 7c per lb.; extra prime, 5c to 6c per lb.; prime. 4c to 6c per lb.; shelling stock, J 3c to 4c , y COFFEE AND SUGAR NEW . YORK. Jan. 28. Coffee: Rios 7; Santos 4s 9 to 10. Raw sugar unchanged. Refined unchanged at 7.30 for granulated. CHICAGO LIVESTOCK. MARKET 7 ' CHICAGO. JaTh. 28. Cattle: beef steers steady to 25 cents lowier; better grades off most top .2&; duik Deer tnose wmcn nave strucK tne consumer steers 7.258.50; butcher cows and in the right-place show that he Is heifers, bulls, stockers and feeders ready to part with his money when slow tor lower; vbUlk fat- cows and heif- ve .prees iook right.- . In New, York ers 5.00(8)6.25: bulk. bologna bulls 5.25 5.75: canners, ana- cutters steaay, bulk 3.25 4.25: veal calves steady; 'bulk good and choice vealers 11.50 . Hogs: large 25 cents 'higher than ventrdav'n averatre: ' snots more on llo-hts: ton--l0.25: bulk 200 pounds and down ,9.9O10.10; bulk 220 pounds and im 9.40fl5: -nies 15 to 25c hig-her; Jjulk desirable grades J. 60 9.8 5 others Slow.r ; 5 v.--i ,, t,--:-'- , . Sheep: killing classes 20 to 50 cents lower; lambs top 10.70; bulk 9.60 10.'50: no handy weight yearlings sold; hnlA 120-nound matured wethers 5.50: no strictly handy weight vewes here k.2's; bulk 4.00 5.00: two- doubles choice feeder lambs 9.26 ; NEW YORK LIVESTOCK NEW YORK, Jan. 28. Cattle: lower. Common' to prime steers 6.uus.zs; bulls 4.507.00; cows Ziuuwo.vv; ;nen- ers. 4.00 6.50; t ' r. waives: aienuy, v cam .vv w 0'" oulls 8.00ll.oo; oarnyara caives,.oui erps v.w. .. . , ai - a a a Sheep and jamos: uwer. oneep (ewes) 3.50ffl)6.50; cuns z.&o(g)3.ou; lambs 9.50311.00; cuns 5.008.00. tt.. ,aait- T.lart tn mpdllun Light to medium weights and pigs 11.00; heavy hogs lU.ou; rougn ' V. S. WEATHER ETTHEATT r Wilmington, Jan. , 29, X921. Meteorological data for' the 24 houra ending at 8 p. m. , yesteraay. .-V : namldftv Record Dry Wet Relative bulb bulb humidity temp. temp, per cent 2:00 a. m. . 36, 35x 91 12:12 p. to.... a..,. 45 42 76 8:00 p. m 44 38 52 -Rainfall for the day ,0; since first of month to date 4.07. v. . - - Sun rises 7:11; .sun sets 8:89. Tne Tides High water. Low watP - a.m. p jvi a.m. r.y Wilmington 1 Masonboro 11 Southport ..... 12:10 11:55 s 6:ll 6:40 WEATHER bVREAU REPORTS. -Temperature : B O STATIONS . to w '33 Abilene . . . . cloudy Ashevllle r; . i . . clear Atlanta .... . . clearl Aueusta ..... ."clean 62 50 58 68 62 .48 - 24 22 38 30 C 24 : 40 30 . .32 50 ' 42 ,36 36, 34 . 40 26 38 .00 .00 .00 .00 .00 .00 Birmingham '.'cloudy Boston - . .pt. ciouay 56 Charleston clearf 68 .00! LCharlotte pt. cldy 48 .00 Chicago .y,.. clear 44 ; .00 Galveston . .pt. cldy 64 ,00 'JacksonYlHe , v clear ,62 .or Mempnis ... ciouay s ou . Mobile . i . , cleat- . 60 Montgomery clear 62 Newn.Orleana clear . 60 , New Yorjc . . clear -42 Oklahoma .".' cloudy -.58 .00 .ot .00 .0( -.00 .oc Palestine . . . , cloudy ' 68 , Pitsburgh . . ; clear . 46- Raleigh clear 46 ' Savannah,; , .-. ; "clear 62. Shreveporti '.,iclear : 64 V St. Ijouis .'; .-. i clear - 50 Washington clear y-46 Wilmington. . clear 50 1- 44 - or :Z4 - 28 38' 38 : 32 20 3l .00 .QP .00 .00 .00 .00 .00 Some of they war-time loans made Tjj- our . government to ; its allies , alrcady havo been jpaiapft. 'iiskess Today I li, uv Gnesslns; the Tlm of RecoverV . The abnormal - speed of -the price re cessions since last sprine la befnc? fn " ,7," V1 over which they .Will extend may be somewhat shorter- than the average In earlier business, cycles.; Ar study of Bradstreet's - index of .'wholesale com modity prices shows that the duration' o the recessions In the sast has rang-i ed from 15 to IS months. This ind' also shows that the last v prfce"peak was reached in February, 1920. Jf the duration or the present recessions should be at "the minimum, as some statisticians expect, the time of recov ery should arrive about' 15 months af ter prices passed the peak,' or say next May. There Is, . however, ' another as pect of the case. Bradstreet's Index : gives special importance to certain basic raw materials which are more sensitive to the price , determining forces than the : average run of com modities and the price declines which n lepswrs uouany ttnieaate; a corre-teis. spondlng fall In the retail prices of con sumers' goods toy about six months While a recovery In somelTaw : mate- rials is indicated Dy May, retail prices may therefore . continue to recede for some time thereafter. : in fact, some business observers, including Dean Jo seph French Johnson -of the New York University schoof of, commerce, be- i neve tnat sraaii retailers as a class I wlu notj maKe general price reductions unui ntuti. may, ana mat retail prices will consequently continue , to fall. wniie Drices or raw materials like ent tori, rubber and silk; which have al ready been forced below their normal level, will grow Bteadily firmer, Small Retailers Still Dallying That many small retailers are still flinching from taking their readjust ment medicine, at least in the-clothing lines, is the contention ox the house prgan or a wen Known clothing man- i uractunng nrm, wmcn Dases its state- I ments on reports trom traveling, sales- men. According- to this periodical, these small dealers are slow in getting a start for the new" year tackling their problems In a half-hearted manner, - arid still hugging their surplus stocks under ' the delusion that there will be an upward -turn in the market. "This may be- putting the case too strongly for an entire group, but the instances in which thisis true are undoubtedly numerous. On' the . other hand, the larger retail establishments and. de partment stores are daily showing the i ja Aw..- .ni...yt.Aj. way lO rettujusuueiii uy jjmuoo L1IO.L will move the' goods and make way for new markets. Not every advertised reduction brings a wide response, but durine the present week; certain 'reduc tions advertised in a . matter of fact 0 J JlllirCStOI Bond Market andNeW Pinancing The bond market Is going forward at a slower- pace, now, because of the great amount of new- financing actu ally being carried out or under consid eration. .-There are two ; angles r from which the -Interference ,of this factor may he viewea. in me nrsi piau?, monev tension has een DroKen. inn may still be said, despite- the fact that I call and time money on stocK couai a1vJwrf a tendency to stiffen "Rates on Jtew i iui MevDiai wis - I ' ... k Tdvlssd. and it will i c be tnrougn tne wras o now on the calendar that tne .investing I .ii illl 1.0,11 nrliot tVi rfvtHd ,ubllo, will 1 leatn what the revised ates are. -In view -of this fact It is rntps ate -In view w tnw tact t .j s only natural that thervi should ; be some hesitation to buy outstanding bonds. One thing, however, is winy certain, and that is that the new price r w "ir. It money will be lower, no matter how est requirements, and in 1919 only 74 lirttly: Knowing that outstanding P" cent, These years were covered, bonds have long since been adjusted iqf course, .by guaranteed compensation, to the top price of capital, it fqllows i: which brought the company's net Jn that the effect of a change in th( com-; come up Jo, the equivalent of 2.5 3 times tna Vna.e r. mnnv win h ' tnterestcharres in 1918 and 2.40 times to forpA the nrice of butstanams noiras ,-vLw -tin hisrher. This: Of course "annot he expected to happen imme- dlatelv The other important 'aspect oa. i-mo.uo VnD iaiuuu uemten ni, thts new financing is the Increase in ! terest charges and earnings about thB flnatine supply of attractive secur- equivmenc to me a.iu px ii. .nei op ttte noaiing suy jr ,ttlnn eratiner income for ths first threo I ltlea rrhia l a Tne l i.r ti a t j l uviuuv na mi issues! ;nooinp f1"" .,, . . j:.a in rp, : a romnetition win ue uuevi .v -A itstandine bonds of corpo- the. ca8e rt!- r,i!M : which '-..". issues. "Wftiether inl v,o. nut nut new vestors show preference - for ' the new VeStOrS PaoW V-.latlnB' se- M.Via Illll. VJUW lasue as compareu " t-: urities of a given corpoTaun m -r nend on the terms U,1UC ""l Iv new issue la rPr-.iM-:. fnt that the terms oi me , int -IbLvrshle to the r borrower and therefore less favorable to ttie . in vestor, the . tendency oi M. f M a.m.. i f-.Tr unnja will D to rise, . j..- -rr r. 7 . . " 65 2 19 914 v. .irpfiv been a complete're-i continues slow and irreguiar.- as senti :55 11:40 6:02 6:25 here has already "J A chanK. ment strengthens, there is a gradually Adjustment of old conditions. The Belgian? per n nreiiiT i;uuu. . - . , ... hnniis which were- soia to nunlio last Mo-nday and' the T.owscw. last June have since maintained ap- OrOXimaLeiy L,1C .4.UI haJt . . .. A-Tnts. aDTTIJI r. HI. U 1 A3 -Ul. " . u M-'ftaV . nnr ( ween !ea," r.-7t,a neit few weeks and the who ib "T" ond "o O De isaucu aaa v..- i. j ......r,iTiir issues will oe.reiaj lvely small, but it must be a rconsm-, Jts courae ln certain : markets.". A . de lation in all future surveys of tne mani for goods that Is based on actual i,,TQiYiAnt situation." As stated pre-, requirements has lately developed in nvesiiiicv definite indication of ; some trades In different sections of the riously the most oncQme That indl. I country, particularly In the textile credit ease is, ye y , . ot, rediscount j hranches in the east.and the prospects ation is the lowering o r further gains and. their maintep- ates by the MIiS'iin 1 mst favored." . . ntes were raised gradually - Tndmibtedlv be lowered in the samef . K ; 4nner " investment prices have al- WILSON ROYS AND GIRLS ' eady gone "far toward reflecting- the , , . PLAY WILMINGTON TODAY -ase of money to aate. - dSKSi Hudson; c6m5ay 7, Per nt secured honas. aue i X9""' Zl selling around vl3.25, for a fu.r,re"iRre: f a it n vnt or 'a yield or 6.55 airn or ,,cii?V'" , -i"... -a mntTiritVv T1UBMB .i4uiii"v. .horTtSyrailroad issues ft jt ,.: 1920. Last summer 110,000,000 Vas needed to. tire an issue of notes 7n August1 1--.First and - refunding mortgage bonds might been is- ued,,but the! .-percent' limit on that cpen mortgage would! have required, la- -.uance at too greats a' discount: Also the -term; 23 years, would have been too-' long for high' priced moey. v The $10,000:000; of ti.fler cfent , bonds ware Merchant's Prob-' lems and Current Oracle Conditions' method, devoid of alL trace of sensa-i tionalism,. have- brought a veritable! run of buyers and" a clean-up of the ; SIOCKS. -i; Farmeri Are Helping Themselves "The various legislative measures Tor the .relief of farmers . will not amount - to 'wnch " ? tvr i. of a national: bank In a large city ol the- middle t , ? corpora:tipn, for instance, has . received ao applications ,asc yet for: export cred its., If It;., should function at all It would; have-to get Its money by selling securities on a difficult market or by borrowing from the treasury, It would not help to have the government-advance money that It hasn't got, and It would not help much to Impose a tariff that would 'send Cariadalan wheat to Liverpool directly Instead of through the United States. .These proposals come from a failure to understand that the WOrM Mh renVHiiatlrier U. u mere is much more promise' In the tendency of farmers to heli them selves and each v other. Co-operative marketing, dependable warehouses and dependable; "grading of grain and other products will help much iri preventing the alternation of glut and scarcity at the centers." v More for Seed, Less for Trade This week the house .of .1- I tlves, In committee of the. hole.voted to increase n,ext year's appropriation for f rea seeds by more thaai 50 pei cent, raising the amount for this cajolery of ItB bucolic constituents from $240,000 to $365,000. This was .done. too. after the committee- on appropriations had struck the item of free seeds from -the bill.- While the statesmen were thus taking care of their, trivial privileges, they were at tlie same time subjecting the appropriations . for. the foreign trade "service - of ; the government to a severe pruning; lopping $26,000 from the consular and diplomatic appropria tion bill, and also making a sharp re- duction-in . the apprppriation , for the bureau of foreign - and domestic com merce. This was done while business taen are clamoring for more liberal treatment for our foreign trade service Land pointing out -the -danger of weak- ening its organization at a time when the strainr-upon it is greatest. As a re sult of absurdly low salaries the con sular service has been; losing some of Its best v men at a time when -they can least be spared. Every good; citizen Is in sympathy with the efforts to intro duce ecO;nojny and efficiency in the gov ernment service, but there is a suspl-? cion in some minds thatcongress might begin housecleaning at home and show its good faith by surrendering a petty perquisite like the free seed privilege, which, after all, has brought' its mem bers more ridicule than political sup port. - ' - Problems """"-u jusibsb., uenma . tnem were piacea 510,000,000 face value of re funding- bends, which have a market value now: of SMOO.tWtf; and other se curities with a present market value of about 24,000,000. The company has a bonded lebt of $68,549, 00O. The 1919 balance sheet carried road and equip ment at $79,216,000 and securities at $25,154,000. Ths: former figure does not include the vaiue of coal properties ; In -common with many other -.strong rpaas, the Delaware & Hudson's actual Peratlng.expenses unde federal c m - .were unsatisfactory u.Woiviuij, iuiwbki jChargeswere earned 2.43 to 3.2 S times i!;1917 V1 1918 w ' .vrvTcmxnoiiv mjcunuii 1 during the, first eight months of 1920, plus net earnings for the last four - , - 1 months': under th new ratn snhAdnlps totalled Sl.969,700, compared with I SKfid.OOn 1- thA rorrAnnnTirttno-norlnH vf - j- - 1919,s .The company has paid dividends ' on ittf stock in all but 12 years since 1826. The ppsent rate of -per cent . AT - . t a r t mm l nas oeen in- xorce since muf. ? (Copyright; 1921, by N. Y. Evening '. Post, Inc.) p.?r OITN'S WEEKLY REVIEW i : . - ;. r, ,;: . ' " -; r:h - ... T NEW "YORK,1 Jan. 28. Dun's tomor row win say: .7 iae irenu luwsra ueiier ousmess cougervatlv, commitments for the fu ture. and new buvlner is most-evident those lines where prices seem to i jhe approaching a point of stabilization. ' VV UllD LUO AMbblCA LVUUIUUU OB VBL 111 valla In rnmrmrntlvMv to-ar Inafgniuo n ' lUQ w wwlaa aaww v. iu T juwac , sale quotations is less pronounced saie Quotat ona is less; pronpuncet iiia.ii iwtiiu, auu alalia are not ia.cn.- . : v. ,. i i 1 . (Special to The Stnr) ' WILSON; Jan.vi8-Bullockrs mighty fl XTCk will nnrrifl rv TXTi 1 w lno-tnn Qer,.; day to7p!ay the high school there. The t(lMr j,i. ..vv K w-wws, . .fcfSSa 0 UC1 Q been playing fairly good ball, having j 1 1 . J j: .. . . N ttm' - played seven games winning Bix and uiMug- uiy uue or inem. v - ( v ,Captaln Ed hopes - to take his team to the finals of the state championship series . this, season and there" make ; a fight tot carry eft first honors. The fol lowln::lasketeeravwill make the trip: - - "The Mighty Bullock,",. , William Sharp Dave." Woodard, ; Floyd . Davis, Robert Waldo. "Xogan Ixivelaca and John . Rosa, ' Leave Wilmington Wllaitngtoa sPW Wrlsrbtavllle ' Beaeh' '6:50 A. M. ':?0( A. M. S:S0 A. M. X 9:30 A. M. 0:00 A. . M. " 11:30 A. M. 1:05 P. M. 2:00 P. M. 2:30 P. M. ! v . 8:0tt P. M. 3:30 P. M. t 4:00. P. M. ' 4:30 P. M., 6:00 P, M. ft:30 P.': M. 6:10 P. M. 6:0 P. M. ' 7:16 P. M. . 8:16 P.1 IX. 9:15 P. M. 11:15 P. M. r:60 A. M. .7:20 A. M, 8:00 A. M; :80 A. M. X : A.M." 10:00 A. M. 11:30 A. M. 1:05 P. M. " 2:00 VP. M. 2:30 P. M 8:0 P. M. 8:10 P. M. t 4:00 P. M. 4:39 P ML 5:00 Pr M. 5:30 P. M. 6:10 P. M. 6:40 P. M. 7:15 P. M. . 8:15 P. M. 8:15 P. M. 10:15 P." M. 11:15 P. M. IUA1LV UXCKPT SLMAV. FKOSI This car connects at Wrlghtsvillc on special request to transpor tation office. Phone No. 2701. fThls car will go through to beach on special, request to tran8porta tlon office ; , - - . s , . , . . Daily except Sunday ' A f Saturdays' and Sundays only. Sundays only. FrelsM Schednle .Daily Except Saaday, Leave Ninth and Orange streets 3:00 P. ML . V - Freight Dept open daily except Sundays from 1X10 to 2:00 P. M. STATE SECURITIES COMPANY INVESTMENT B AtIffiRS STOCKS : BONDS : DfVESTMJSNT SECURITIES R. L. HENLEY, President s 903 Murchison Bank Buildinseiephone 290 STOCKS arid BONDS COTTON, GRAIN AND PROVISIONS , H. G. Latimer, Jr. Member New Orleans Cottoia Exchange IHrect private wires to New Orieans.l New York, Chicago - and all principal points. 1 Orders solicited for future delivery in Cotton. Grain. Provisions. Cottonseed Oil, Coffee and Sugar. ... ; . Securities bought and sold for cash, or carried on conservative margin. Correspondent. H. and B. Beer. 401 SOUTHERN BUILDING New Orleans; La. . PHONE X39 , STARKEY & GOLDBERG r STILL LEAD THE WAY BACK TO 1914 PRICES W. IVlunroe AJND COMPANY FURNITURE 15 S. Front St. 7aar Honey's Worth Always CITY ELECTRIC CO. 20tt Princess St. Pkone 093 APPLIANCES t MAZDA LAMPS WIRING t SUPPLIES . . ' " Coal : Cement : Wood A trial order will convince you of uuallty. fncl and service -Phone 2321-W BECKEB COAl. AND BUILDERS' ' Castle, Q.ueen and Snrry "Streets lllll SELL IT FOR LESS! TJHE BEEHIVE NEW STORE ri7 North Fourth Street - BE AN1 OPERATOR OF A LINOTYPE INTERTYPE : OR MONOTYPE MACHINE Qood pay, educational, pleasant work for men and women. Course Is short and leant expensive schooling you can obtain. (Typewriter operators jxcel at once.) Address Typesetting Dept.. Georgia-Alabama Business Coll ego, Macon. Oa.. for full information about American and southern Newspaper Publishers'-Typesetting School. Adv W, L. DOUGLAS H. L.Hurwitz o . -:'605 Ndrth Fourth SU W. L. DOUGLAS ! I ' .. Leava--; i WrfgktsvUls Far Wlbalagtaa 6:00 A. ML . 16:35 A. M. 17:06 A. M. 57:25 A. M. 9:1 A. M. (10:15 A. M. - 10:45 AM. , 12:15 P. M. 1:46 P. M. 2:46 p. ,M. 8:16 P. M. 1:46 P. Jl. 4:16 P. M. 4.-46 P. M. 8:15 P. M. . 6:46 P. M. 6:25 P. M. 6:66 P. M. s 7:25 P. M. 7:56 P. M. 8:20 P. ML 9:30 ' P. U. . '6:10 A. M. 6:50 A. M. :20 A. ML 7:60 A. M. 8 :10 A. U. 9:25- A... M. 110:25. A. ML 10:65 A. ML 12:25 P. M. " : 1-65 P. M. 2:66' P. M. t:26 P. M. 5:66 P. ML :26 P, ML t 4:66 P. ML 6:26 P. Mu 6:65 P. ML 6:36 P. ML 7 06 P. M. 7:16 P. M. 1.05 P. M, S:46 P M. P:46-P, M. 10:45 P. ML 11:46 P. -M. i T i 111 STATION Na. .1. Your Bot Wants A I - GROWN MOTO BIKE Cash or Weekly !. j Payments r 215 Market Street I Phone 526 W. E. & J. H. TAYLOR P.VBIILV .GROCERIES AND COITN- TUV, PRODUCE Fruits, Candles, Cigars and Tobacca, Chickens, Eggs, Meats, etc North Carolina Meats a ' . ' Specialty ' 612 Castle St. , Phone 1010 A ear of SERV-VS Plain aad Self-4 Rising Flour. This flour,, made by one of. the best millers every sack truaranteed to please or money ra. funded. Satisfaction guaraateed oa every SERV-US Item. You ran no risk using SERV-US goods. ' D. L. GORE COMPANY Wilmington, N. C. NEW AND FRESH ; VXRftlVALS ' Sun-Kist Sliced and- Grated Pinsap ple. 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 Produce and Merchan-7 .. - -. -.- , dise Company (Wholesale Oaly) Cori Nntt aad Grace Streets What I) T Think Of Tktsf AN IVER-JOHNSON BICYCLE . . For Yoar Br or Girl! . QUEEN CITY CYCLE CO. :' 209 Market Street J ' s TELEPHONE 8fla J ?'. ' Telephones :': 223-123 Leave. , Deack F WlltuliMiTta r V ; i r i i ip if .El I i k ? n it v in:- 1 US.. t - V t 't, I;; i L it ' i ! 1 1 . "4! ' I l 1 mil 1 V 4 S, ft 'It Hi If 1.'. lit r i f if i V.: i- '1' li... ; ' Hi , i ft A I -(
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 29, 1921, edition 1
11
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