Newspapers / Wilmington Morning Star (Wilmington, … / Jan. 26, 1923, edition 1 / Page 9
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holleman hearing CONTINUED; BAIL OF $200 ARRANGED -jrial on Contempt Charges Will Probably be Held Here Saturday Morning i.,;U:ncey B. Holleman, cited for r.nt-mi'l °f court for twice leaving [j1,, ulatp on the eve of the Dallas 1 1 ;,"r trial, in which he was a mater ro, „.j,for the prosecution, was untifr 5200 bond yesterday bi'i-rmmn. when his htearing was con :!in„, [ ),v Judge Devin, ij , man has been In jail for 48 ' _ ,, iinwing his arrest in Charlotte £. < off George C. Jackson, after a 1 ,,, ntective had trailed him over " , , . u’.sand miles and through ,aK : A rr: states. mfore Judge Devin yes-j ■on at 4 o’clock, Holle was continued until "greeable to the state, [ . ho before Judge E. H. i 'iv iinicr. Solicitor Wood or nju the cuntrmi’ : v aired hen maier citing , ,„■„ was Kellum said last barges will prob mturday morning. Ilolieman for con judge Crammer affidavit of recited the two occasions trial -was signed ewithport on lilt j|..r Kellum. who ,,f Holleman on ... wfore the Dallas COTTONSEED OIL. Vj-w YOIIK. Jan. 25.—After starting v.jth lard cottonseed oil rallied! cowering on the strength in .at profit taking sales turned am ,.r again near the close. Lea-tl '' . were 5 to 7 points net lower Sales 14.700 barrels. Prime ... pint} to 10.25; prime summer yel iv -p,,t and January 11.00; March J .7: May 11.47, all bid. Funeral Service For Daniel McGougan Held (Special to The Star) FAYETTE VILE, Jan. 25.—Funeral services for Daniel Z. McGougan,'prom inent citizen of Lumber Bridge, who died in the Highsmith hospital, this city, Monday night, were held from the McGougan home in Lumber Bridge at 3 o’clock. Wednesday afternoon. Inter ment was in the family cemetery near that place. Mr. McGougan was a brother of Dr, J. V. McGougan, of this city, and was well known and highly regarded here, He was one of the leading men of up per Robeson county, where he possess ed large holdings and business inter ests. He was a member of the Baptist denomination and of the Masonic or der. He leaves a widow and one son and two brothers, Dr. McGougan ol Fayetteville and J. D. McGougan ol Lumber Bridge. Mr. McGougan’s death is the second that ha soccurred in his family withir the past few days, a nephew, David H McGougan .having died in a Lumber ton hospital last week. TOBACCO CO-OP. MEMBERS T OMEET IN CERR.O GOR1H1 CERRO GORDO, Jan. 25.—A specia meeting of grower-members of the Tri ;State Tobacco" Growers’ Co-operative association will be held in the audi torium of the Cerro Gordo school build ing Friday night at 7:30 o’clock. Mat ters of importance will be discussec atfid every member of local No. 2. Fail Bluff township, is urged to attend. DRY GOODS MARKET. NEW YORK, Jan. 25.—Cotton good; were firm today, with trading less ac tive. Sheetings, brown and bleachee sold at advanced prices and advance; also were paid on coarse colored goods Yalns were firm. Woolens and wors teds sold steadily for fall. Silks als( sold steadily. Wash goods moved mori freely. Burlaps were steady with trad< light. Raw silk was slightly easier. First Bath In 7 Year?, So Town Declares a Holiday sjt AMERICAN- V ' ' GATH-HOUSE IT is not the custom In Amer ica to declare a holiday, hold a procession and go cheering through the streets, merely be cause one is going' to take a bath. Bat they do in Poland, Latvia and ltoumania, and no wonder, tor most of them have not had a chance to get into a bath tub for seven years. Therein lies a great deal cf their tragedy. Dirt brings dis ease and, in lands were there is no soap and the rivers are frozen, conditions can only be alleviated by starting with the bath. The Medico-Sanitary staff of the American Jewish Joint Distri bution Committee is working hard In these territories for health. Cleanliness campaigns, and “Mass ed bathing processions” are con ducted after the erection of great bath houses, with tubs and show ers, steam baths, and disinfecting ovens. in most cases it is necessary to completely reclothe the bathers In new garments for what they take off is a mass of rags unwashed for years. This work is being con ducted without regard to sect or race, and in Poland alone the Am erican Jewish Joint Distribution Committee has in operation or near completion over 200 new bath houses besides the ones that have been remodeled and equipped. A professor of the Harvard School of Medicine, who served in Poland for the Committee de scribes a scene at Hoszka where 1200 people gathered to cheer for America when the bath house was opened. The coming generation in Poland is dating its first chance to grow up with health and strength from the day when the Committee is able to provide bath ing facilities in each individual town. This is,one of the ways ty phus and favus, another infections disease which has 20,000 victims -In Poland, is being stamped out. Statement of Condition of ■ The Murchison National Bank , , • of Wilmington, N. C. At the Close of Business December 29, 1922 RESOURCES Loans and discounts.. Customers’ liability acceptances .. U. S. bonds.• Bank building... Bonds and other securities ....... Cash and due by bank$.. • • • TOTAL ....V LIABILITIES $ 9,252,952.19 i9o;ooo.oo 800,650.00 375,000.00 94,000.00 3,977,703.79 $14,690,305.98 Capital stock .. • •••• • • • • •» '1,000,000.00 Surplus and net profits.* 1,138,267.69 Reserved for taxes.. . Circulation .... 196,000.00 675,773.55 Acceptances .. Rediscounts with federal reserve bank.. Deposits 11,005,971.63 TOTAL .,.......$14,690,305.98 News of Markets—Cotton-Money-Grain-Stocks COTTON NEW YORK, Jan. 25.—The, cotton market was decidedly less active today and fluctuations were irregular. An opening advancemet scattered realizing or selhng for a reaction, but after working off from 28.90 to 28.62 for May, prices steadied on reports of a renewed trade demand. That delivery closed at 28.78 with the general market closing steady, net 3 points higher to 13 points lower. Old crop positions were rela tively steady. The market opened steady at un changed prices to an advance of 19 points m response to higher Liverpool cables and continued bullish reports from Liverpool and the domestic goods trade. The latter* however, failed to materially stimulate demand, and as soon as the initial buying orders had been supplied, the market turned eas ier. Houses with Liverpool connections were buyers here* but this was pre sumably to undo straddles as the near months in the English market turned easier under liquidation after the local* opening and the Ipwer rate cables pro moted some local selling and quite a reactionary sentiment was reported during the middle *of the-day on an idea that the trade buying to fix prices on call cotton had pretty well run its course and that reports of new crop preparations would soon be reached here from the south. March sold off I to 28.43 and July to 28.34 or about 8 to 10 points net lower, while October de | dined to ill.12, making a net loss ,of i 19 points. I A little more trade buying was not j ed around these prices for the old crop months, however, and the market later in the day was steadier with the close showing rallies of some 6 to 12 points • from the lowest. The official cable I from Manchester reported a better de l mand for yarn3 and a good demand for cloths from • India. Houses with for eign trade connections were reported moderate buyers of October on the de cline today. March May . July . October December . High Low Close .28.72 28.43 28.54 .28.90 28.62 28.74 . 2S.56 28.34 28.40 .26.35 26.12 26.18 .26.03 25.85 25.91 HIJJW UKLI^iA t'UI NEW ORLEANS. Jan. 25.—Something of a reactionary tendency persisted in the cotton market today but downturns i were not wide because they were met by new buying-, based on clairms of a better spot demand in western and eetral markets of the belt and also in the market, where prices remained un changed at the top most levels of the season, 28.63 a pound for middling. Price movements were unusually nar row and it might be said that the close was typical of the whole session.- .March closed’ at 2S.28 a pound. The opening was higher but the in itial bulge did not last long. At its height the trading positions were 15 to 16 points over the closipg prices of yesterday with March at 28.42 and Oc tober 26^10. Realizing sales from the long side soon increased in volume and during" a s-ood part of the remainder of the session this sort of selling a lit tle more than, supplied the demand. 'Soon after mid-session prices were at their lowest march being off to 28.17 and October l^ff to 25.74 with the list at losses under yesterday's close or 9 to 91 Tioints. Reports of a better, de mand for spots at Memphis, with prices 25 points up, made a steadier market on the close. New crop months made- wider de clines than the old because of telegrams from Texas to the effect that^hew crop preparations were going ahead under favorable soil conditions. High KMarcn .£8.42 May ...».-8.40 July . October .x ■ • • --6.10 Low 28.17 2 8.15 28.04 25.74 uctoner .o- q December ........V.. *.o.o3 -«>.49 28.28 28.28 28.16 25.85 25.60 DAILY COTTON TABLE. Port Movement. New Orleans: Middling 28.63] receipts 6.9681 exports 2,434; sales 1,S56; stock 227,2S3. Galveston: Middling 28.60; receipts 4, 788; exports 4,665; sales 31,473; stock 328 810 Mobile: Middling 2S.25; receipts 190; sales 150; stock 10.6S1. Savannah; Middling 28,.»; receipts 812; sales 1,200; stock 72,532. Charleston; Receipts 879; stock 70, Wilmington; Receipts 102; stock 19, 862. Texas City; Stock 19,a45. Norfolk; Middling 28.75; receipts 1, 068; stock 105,170. Baltimore: Stock 3,066. Boston: Middling 25.60; receipts 44;>; Stock 7,600. Philadelphia: Stock i,6S,. New York: Middling 2S.60; exports 670; stock 75,592. . Minor ports; Receipts 1,600; exports 1,6*00; stock 8,930. „„„ Total today: Receipts 16.SS2; exports 9.359 ; stock 956,621. „ Total for week: Receipts 84,11-, ex ports 57,962. .... mo Total for season: Receipts 4,441,12-, exports 3,095,652. Interior Movement. Houston: Middling 28.55; receipts 5. 323; shipments 6,252; sales 2,246; stock 399470 Memphis: Middling 28.75; receipts 3. 948; shipments 5,658; sales 4,000; stock 153 272 Augusta: Middling 28.75; receipts 1, 013; shipments 9.17; sales 233; stock 68, 19St. Louis: Middling 28.60; receipts 842; shipments 846; stock 19,696. Little Rock: Middling 28 00; receipts 286; shipments 118; sales 619; stock o4, ^Dallas: Middling 27.70; sales 28.121. Montgomery: Middling 28._5; sales 19. Total today: Receipts- 11,412; ship ments 13,791; stock 624,904. CHICAGO LIVESTOCK. CHICAGO, Jan. 25.—Cattle: Receipts 15 000; slow; beef §i„eers butcher she stock, Stockers and feeders unevenly weak to 25-cents lower; beef cows and heifers mostly 10 to 15 cents off; top matured steers 10.00 at noon for 1,260 ami1 1.371 pound average; best yearlings 10 75’ canners' and cutters weak; bulls weak to 15 lower; veal calves uneven; generally 25 to 50 lower; light calves showing most decline; bulk desirable veal calves to packers around 10.50 to 11.50; bulk choice hand picked calves to packers around 10.o0 to 11.50, bulk choice to hand picked calves to , ship pers 12.25 to 13-00; bulk canners around 13 00'‘ bulk desirable bologna bulls around 4.76; few heavy kind, upward t™6.00i bulk Stockers and feeders $.50 t0Hog's: Receipts 60.000; 20 lower; closed unchanged; «ulkg 140 to 190 pound average 8.10 to 8.Z0, top ,8.25. hulk 210 to 220 pound butchers around 8 00; bulk 240 to 300 ■ pound, butchers 7 85 to 7.90; mostly 7.90; .weighty pack ing sows 6 75 to 7.00; -desirable pigs mostly 7.75; few weighty kinds around 8.00; estimated holdover 21,000. Sheep: Receipt? 19.000; killing class es generally 26 to 50 lower; top fat lambs 15 15 to city butchers; 15.00 to muckers' bulk desirable fat wooled lambs 14 25 to 14.85?clipped lambs 12.2o to 13.00 mostly: ohoice 90 pound year ling wethers 12.75; heavier kind down to 11.50; two loads desirable 115 Pound ewes 7.50; some 112 pound ewes 7.60, shearing lambs big .25. higher with three decks 67 pound lambs at 15.25. www YORK MOSEY MARKET. NEW YORK, Jan. 25.—Call moimy firmer- high 5: low 4%; rulings rate closing bid 4%; offered at 5, last loan 414; call loans against.acceptances 4* time loans steady; mixed collateral 60to 20 days 4% to 4%; four to six months 4% to 4%; prime commercial paper 414 to r LIBERTY BOND PRICES NEW YORK, jail. 25.—United States government bonds closing: Liberty 3%s, 101.84; first 4s, 98.62 bid; second 4s, 98.08; first 414s, 9S.6S; second 414s, 98.10; third 414s, 98.90; fourth 414s, 98.50; uncalled .victory 4%s, 100.24; United States govern ment 4%s, 99.96. V---—— ■ . i CHICAGO, Jan. 25.—Wheat averaged lower in prices tbday owing to more or less current predictions that- pro • posed foreign credit legislation would rail of enactment. The market closed unsettled at the same as yesterday’s finish to % decline with May 1.17 to 1.1718 and July 1.11% to 1.11%. Corn finished up % to J4 to % and oats lost a shade to %. In provisions the out come was a setback of 7 to 15 cents. WHEAT— May July Sept. CORN— May J uly Sept. OATS— May July Sept. Open High Low Close 1.1714 1.11% 1.09 .72 % .72% .72% .44% .4212 .40% 1.18% 1.12% 1.10% .73% • 73% . 7 3 % .44% .42% .41 PORK.—Nominal. LARD— Jan. ..11.42 11.42 May ..11.65 11.65 RIBS— Jan. .. _ May ,.11.05 11.Oo 1.16% 1.11% 1.08% • 71-% .72% .72% .44% .42 .40% 1.17 1.11% 1.09% • 72% .73 • 72% .4.4% - .42% .40% 11.37 11.57 11.02 11.37 11.57 11.10 11.02 SOUTHERN' JIILL RTOriCS Quoted by 11. 8. Hickson and Company Gaatoula, iV. C.—Greenville, S. ti. Cori ccted Jnnuary S3, 1923._ Slooks ,ttia |jls* Acme Spinning- Co. Arcadia Mills . American Spinning Co. Am. Yarn and Proc. Co. Am. Yarn and Proo. Co. pfd., Onvlerson Cotton Mills . Arlington Cotton Mills . Alagon Cotton Mills (3. C.) . Arcade Cotton Mill* . Arrow Mills . Augusta Ractory . Belton Mills . Belton Cotton Mills, p£d ... Beaumont Mfg. Co.. Bibb Mfg. Co. Bi-ogon Mills ... Clara Mfg. Co. Clifton Cotton Mills 110| 300 124 103i 125 215 230 121 60 50 86 240 180 115 101 140 301 101 131 231 8? 126 S8 118 Cabarrus Cotton Mills .j 130 146 103 IS 102 207 92 Cabarrus Cotton Mills, pfd _ Chadwiek-Hos. Co., (par $25.) Chadwlck-Hos. c'o.. pfd .... Chiquola Mfg. Co. Chiquola Mfg. Co., pfd . Calhoun Mills . Canning Mfg'. .Co. Clover Mills . Climax Spinning Co. Crescen Spinning Co. Columbus Mfg. Co., (Ga.) .... Converse, D. E. Co. i Darlington Mfg. Co. Dixon Mills . Drayton Mills . Dresden Cotton Mills .. Dunean Mills . . . .,. 1 Dunean Mills, pfd . Efird Mfg. Co. Enterprise Mfg. Co. (Ga.)... Edwin Cotton Mills Co. Edwin Cotton Mills Co. pfd . Flint Mfg. Co. Dunean Mills, pfd. Durham Hosiery, pfd. Durham Hosier "B” . . .. Eastern Mfg. Co. Eag.e ard phoenix (Ga.) ... Goffney Mfg. Co. .Gibson. Mfg. Co. Globe Yarn Mills (N. C.) ... Gray Mfg. Co.. Greenwood Cotton Mills ... Cluck Mills. Glenwood Cotton Mills . Grendel Mills 9. Grendel Mills, pfd. (par 350). Granitevllle Mfg. Ca. Hamrick Mills ... Hanes. P. H., Knitting Co. ... Hanes. P. H. Knitting Co. pfd Henrietta pfd .I 105 Hillside Cotton Mills (Ga.) . Hunter Mfg. Co. 7 pet., pfd , Inman Mills . Inman Mills, pfd . Jennings Cotton Mills . Judson Mills. Jud<on Mills pfd . King, John P. Mfg. Co. Limestone Mills . Din ford Mijls . Lola Mfg Co. .. Locke Cotton Mills Co. Laurensa Cotton Mills . Lancaster Cotton Mills . Marlboro Cotton Mills . Mills Mill . Mills Mill pfd .. Monarch Mills (S. C.) . Mollohn Mfg. Co. Musgrove Cotton Mills. Myers Mills 106 104 12% 99 185 120 195 130 95 119 70 225 138 |1Q2% .1 147 • I 85 116 103 166 102 80 19 96 1401 92 105 62 220 115 133 190 124 47% 120 140 15 104 191 211 133 100 23) 142 95 101 86 21 100 15J 94 66 120 136 136 1C% 109 256 100 231 225 100 115 100 224 135 100 ISO 14Gi 92 96 160 130_ 235 200 9|6 106 90 92 235 ioo 131|_ 123| 127 83 Myrtle Mills .. National Yarn Mills . Newberry Cotton Mills. Orr Cotton Mills . Orr Cotton Mills, pld . Pari ,ale Mills . Pacolet Mfg. Co. Pacoljet Mfg. Co., pfd . Piedmont Mfg. Co. (S. C.) .... Pelzer Mfg. Co. Perfection Spinning Co. Poe, F. W. Mfg. Co... Ponsette Mills . . . •. Rex. Spinning Co., pfd. Ranlo Mfg. Co. Rex Spinning Co. .... Rex. Spinning Co., pfd .. Riverside Mills (par $12.50).. Riverside and Dan River 111 170 136 109 96 123 197 100 143 148 126 112 88 125 84 10% 310 Riverside and Dan River, pfdj 102 Rowan Cotton Mills Co. Roanoke Mills, 1st pfd . Roanoke Mills, 2nd pfd . Rosemary, pfd .. Rhyne-Houser Mfg. LO. Saxon MB'8 . Seminole Cotton Mills Co. Sibley Mfg. Co. (Ga.) . Spartan Mills . Sterling Spinning Co. Superior Yarn Mills ...... Toxaway Mills (par $25.00) .. Union Buffalo Mills . Union Buffalo Mills, 1st pfd .. Union Buffalo Mills, 2nd pfd.. Victor-Monaghon Co. ... Vlctor-Monaghon Co., pfd .... Victory Yarn Mills Co. Victory 8 per cent., pfd. Ware Shoals Mfg. Co. Watts Mills, 1st pfd .-.. Watts Mills, 2nd pfd. Wingate Yarn Mills Co. WiScassett Mills Co. .... Williamston Mills . Woodside Cotton Mills . Woodside Cotton Mills, pfd ., Woodruff Cotton Mills . 103 103 99 98 106 102 59 167 130 98 36% 60 92 49 115 110 94 100 172 90 106 77 150 13 o 176 140 112 k 99 131 201 146 95 129 115 86 11% 321 104 108 10C 101 16V 109 64 171 171 10) 93% 50 117 100 101 92 166 133 94 , 170 FOREIGN EXCHANGE. NEW YORK. Jan. 25.—Foreign ex changes irregular. Quotations ' in cents. Great Britajn, demand 4.65%; cables 4.65%; 60-day bills on banks 4.63%; France, demand 6.48%*; cables 6.49%; Italy, demand 4.82%; cables 4.83; Belgium, demand 5.96%; cables 6.97; Germany, demand .00*48%; cables 0049; Holland, demand 39.49; cables 39 52; Norway, demand 18.62; Sweden, demand 2,6.78; Denmark, demand'19.55; Switzerland, demand 18.64; Spain, de mand 15.70; Greece, demand 1.24; Po land/ demand .0034; Czecho Slovakia, demand 2.81; Argentine, demand 37.51; Brazil, demand 11.50; Montreal 98/ JACKSONVILLE NAVAL STORES. JACKSONVILLE, Fla., Jan. 25r—Tur pentine dull 1.45; sales none; receipts 225; shipments 40S; stock J30.8S9. Rosin dull; sales none; receipts 1,245; shipments 6,092; ®4ock 187,826. . Quote: B to H, 4.93%; 1, 4.95. K, 6.00, M. 6.40; N. 6.75; WG, 6.00; WW, 6.75. ■:x NEW YORK, Jan. 25.—Price move nents in today's stock market were up ward. in response to more favorable do nestic developments, but the volume of iradingf indicated the European situa tion was still causing a marked curtail nent of business and a virtual absence pf public participation. Approximately one-tenth of the day’s business was done in the new stock of the Consolidated Gas company. Other public utilities hardened in sympathy. Over night reports that th state public service commission was joing to order a cut in telephone cates caused some selling of American Tele phone, which closed fractionally lower. Steel shares made a fairly ..good re sponse to announcements of higher prices for some of the finished products, mch as tubes, and reports that the mills were now working at between 80 md 85 per cent, of capacity. United States, Gulf States, Crucible and Re public Steels advanced. Youngstown Sheet and Tube, traded n here for the first time, sold around 579 a share. The Bthlehem Steel Cor poration declared its preferred divi iends for the entire year and its reg jlar dividends of 1% per cent, on both 3lasses of the common. Good recovery was made by some of the oils which were under pressure yesterday, California Petroleum, Pan American issues, Cosden and General Asphalt advancing. The Standard Oil ssues improved fractionally. Except for active trading in Southern Railway in expectation of an unusually 'avorable December earnings report, the rail shares lapsed back into their isual dullness. Fisher Body, which recently dropped, advanced. Some of the other strong spots in the specialty list included Hartmann Corporation, MacKay Com pany, Stewart Warner Speeddmeter and Atlantic Refining. Foreign exchange business was quiet with no important- changes in rates imong the principal European cur rencies. Day’s total sales, 692,000 shares. , Twenty industrials averaged 97.<9; net gain .63. High 1922, 103.43; low 78.59. Twenty railroads averaged 86.46; net gain .35. High 1922, 93.99; low 73.43. SEW YORK STOCK LIST. I 74% I 37% 112% 122% 32 55 77% 27% 122% 25% 48 101% 4 4 % 63% 14 2 vs 35% 72 23% 33% 29% 76 106% 12 55% 12 S% 73% 2d Vi 1 3 % 91% 11% So % 44% 14% 73% S3 % SS% 40 51% 50% Allied Chem. and Dye Am. Beet Sugar ... Afnerican Can. Am. Locomotive . .. Am. Linseed. Am. Smelt, and Ref. American Sugar .. Am. Sumatra Tobacco Am- Tel. and Tel. Am. Woolen . Anaconda Copper . Atch. T. and Santa Fe Atlantic Coast Line Baldwin Locomotive Baltimore and Ohio Bethlehem Steel, B. Canadian Pacific . .. Central Leather .... Chesapeake and Ohio Chic., MU. and St. P. Chic., R. I. and P. . • Chile Copper . Coca Cola . Consolidated Gas . . Consolidated Textile Cos'den and Company Cofn Products .... Crucible Steel. Cuban Am. Sugar . Cuba Cane Sugar . . Endicott Johnson . Erie. Famous P.-Laslty . Gen. Asphalt. General Motors . .. Great Northern pfd Gulf States Steel . Inter. Harvester . . Inter. Mer. Mar. pf.d International Paper Kelly Springfield .. Kennecott Copper . Middle States Oil . Midvale Steel . Mo. K. and T. (new) Mo. Pacific . New York Central . N Y N. H. and H. Norfolk and Western Northern Facific . . Okla. Prod, and Ref, Pacific Oil. Pan-Am. Petroleum Pure Oil . Reading .■ • • •, Republic I. and Steel Reynolds Tobacco, B Royal Dutch. N. Y. .. St. L. and San Fran. . . Seaboard Air Line . . Seaboard Air Line pfd Sears Roebuck . Sinclair Oil . S.-Sheffield Steel. Southern Pacific . Southern Railway Southern Rv. pfd .... Standard Oil of Cal. . . Standard Oil of N. J. Studebaker . Tennessee Copper .... Texas Company . Texas and Pacific Transcontinental Oil.. Union Pacific.1 United Fruit. U. S. Ind. Alcohol . . IT. S. Rubber. U. S- Steel . Utah Copper . Virginia Caro. Chem. . Western Union .10»% Westinghouse-Elec. .-1 59% THigh| Low | Last 74_% 37% 112 12 2% 32 113 % 413% 133% 1132% 73 37 112% 120% 31 51% 76 27% 122 95% 47% 101% 35 D “4 11% 28% Id % 16% 94% 19% 112% 74% 2% 44% 88% 43% 62% 142% 34 71% 22% 33% 29% "5% 105% ^11% 53% 126% 72 25 12 % 90% 11 84% 42% 14% 73% SI ss% 3S% 50% 49% 35% 11% 2 8 % 15% 93% 19% 111% 74 28 7,8% 49 52% 50% 22" 5% 9% 87 32% 38 90% 30% 67% 56 40 £ 1151? 11% 4 8% 21% 43% 86% 2 i % 78% 48% 52% 51% 22% 5% 9% 85% 32 36 S9% 30 67% 54% 39% 114% 11% 47% 21% 11%! 11% 37% 63% 64% 60% 106% 63% 23 % 137% 16V 63% 59% 105% 62% 23% 109% 59% 77% 27% 122% 95%. 48 101% 113% 133% 44% 62% 142% 35 72 23 33% 29% 75% 105% 12 55% 127% 73 25% 13% 91% 11% 85 44 14% 73 % S2% 88% 40 51% 50 35% 11% 28% 15% 16% 94% 19% 112% 74% 2% | 44% 88% 27% 78% 48% 52% 50% 22% 5% 9% 86% 32% 38 90 30% 67 % 56% 40% 115% 11% 48 % 21% 11% 1137% 1161% I 64 ! 60% 1105% | 63% I 23% 1109% ! 59% NEW YORK BONDS. ForelKM Bond*. Argentine 7s .•• • • ■ • Domin. of Canada 5%s, 1929 191% ior French Republic 7%s ... 39% Kingdom of Belgium 7%s Kingdom of Denmark 6s Swiss Confederation 8s . Un. King- of G. B. and I. o%s, 193( 103% U S. of”Brazil 8s . U. S. of Mexico 5s . J Railway and Miscellaneous Bonds. American Agric. Chem. 7%s - 10’% American Smelt, and Ref. os ... . American Sugar 6s . Atchison gen. 4s .. Atlantic Coast Line 1st 4s . Baltimore and Ohio cv. 4%s .... Bethlehem Steel ref. 5s .. Central of Georgia 6s . Central Leather »s_ ... Chesapeake and Ohio cv. 5s .... Chic., Mil. and1 St. P. cv. 4%s .. Chic, R. I. and Pac. ref. 4s .... Chile Copper .. Colorado and Southern ref. 4%s.. Erie gen. 4s . Goodyear Tire. 8s, 1931 . [lllnois Central ref. 4s . int. Mer. Marine 6s .. Kans. City .Southern ref. 5s - Kelly-Springfield -Tire 8s . Liggett and Myere 5s ■■■■■■ Louisville and Nash. ref. 5%s .. Mo. Kan. and Tex. pr. lien Es .. Missouri Pac. gen. 4s ... NTew York Central deb. 6s . Norfolk and Western cv. 6s Northern Pacific 4s 96 97% 113 Va 89% 10214 ss 37% 78 98' 106% 99 93% 63% 79% ■ 98 - 84% 44% 102% 85% , 89 85% 108% 98 104% 81% 59% 108%. 111% 85 V, .Noriaciii ~ ^ mnii Pennsylvania gen. 5s N. 100% Reading gen. 4s . ......■ • ■ ■ • • Republic Iron and Steel 5s . 3t. L. and San Fran, adj 6s . Seaboard Air Line con. 6s .. Southern Bell Te,. os .. Southern Pacific cv. 4s. Southern Railway 5s .. 9oSt Southern Railway «%s .101 Union Pacific 4S .- • • 91% C S. Steel 5s .•••. Virginia Caro. Chem. <%s ... Wabash 1st, 5S ... Wilson and Co. 7%s ...■ Seaboard Air Line 5s . Southern Railway 4s ■ ■ .. 85% 95% 75 - 60 95 91 % 92% 97% 102% 25% 67% Sunshine 'Laundry Damp Wash Ser Ice. Call 172.—Adv U. S. DEPARTMENT AGRICULTURE WEATHER BUREAU Wilmington, N. C., Jan. 26, 1922. Meteorological data tor cue 24 hours ending at 8 p. m. yesterday.) Humidity Record Dry '.Vet Relative bulb nulb humidity temp. temp, per cent S:00 a. m. 38 3V 97 12:00 noon. 52 4 1 64 8:00 a. m. 48 45 70 Temperature: Maximum, E6; mini mum, 37; mean, 46. Raiilfall: Total tor the day, .00; total since first of the month, 2.73. Sun rises Sun sets 7:13 a. m. 5:36 p. m. Low Tide Tatib Hiflti Wilmingtop . 4:45 a.m. “ . 5:07 p.m. Masonboro Inlet .. 2:05 a.m. “ “ 2:18 p.m. 12:17 p.m. 8:44 a.m. S:58 p.m. Stage of river lit 'i^aj eft* Fille at 8 a. m. yesterday 10.4 feet. WEATHRH DCliEU li SPOUTS. STATION^ Tern''j rat ii re: jd’5? £* oo •a ■ .O a \ W)'C* .a bfl Xb 35 2.3 Vo? £5 Asheville . .pt cloudy Atlanta.clear Birmingham . . .clear Boston .clear Charleston.clear Charlotte .clear Galveston ....cloudy Jacksonville . . .clear Memphis .cloudy N. Orleans . . .pt cldy New York .clear Raleigh .clear Savannah.clear St. Louis -pt cldy Washington . . .clear 48 32 36 32 36 64 48 58 38 30 40 28 54 44 36 40 46 42 34 40 28 30 .00 .00 i .00 I .02 I .00 I .00! .00 i .00 1 .00 : .00 .00 .00 .00 • .00 .00 FINANCIAL STATEMENT OF FEDERAL RESERVE SYSTEM. WASHINGTON. Jan. 25.—Combined ■esources and liabilities of the 12 Fed eral’Reserve banks at the close of bus ness January 24 were reported tonight jy the Federal Reserve board in thou iands of dollars as follows: RESOURCES ■ 3old and sold certificates . .! Hold settlement fund F. R. board . Total sold held by banks Jold with F. R. asents - Sold redemption fund .... Total sold reserves . Reserves otner than gold . .. 298,207 556,642 > 854,859 2,181.124 44,167 ?3.0S0,137 141,844 $3,221,931 79.958 Total reserves. Non reserve cash. Bills Discounted: Secured by U. S. government obligations .. .. ..0 Other bills discounted. ,7„ '-'v Bills bought In open maowt . . e0*,»4 341,619 Total bills on hand U. S. bonds and notes u! s', certificates of indebted 774,295 166,857 ness. Municipal warrant 1S5,962 .$1,127,105 46,400 Total earning assets . Bank premises . . Five per cent, redemption fund against F. R. bank notes .. Uncollected items . o8U,.'.43 All other resources . . . . 15.42s Total resources LIABILITIES: .$5,071,399 107.6 18 218,369 Capital paid in . Surplus. Deposits: Government.. • • • Memher banks, reserve acc t . . l,9-4,.>-l Other deposits 33,263 Total deposits . . . $1,9 J0.8.C F. R. notes in actual cireula tion.2,220,-31 F R. bank notes in. cireula tion, net liabilities .. cii'Jor Deferred availability items . . All other liabilities . 11.1J6 Total liability .■ Ratio of total reserves to deposit and F. R. note liabilities combined 76..6 per cent. _____ AKW VOltK BOXES. NEW YORK, Jan. 25.-J-Renewed weakness of some of the French bonds, which sent French 7%s and Framerican 7Us to their lowest quotations on re cord, was the outstanding develop ment in today's- relatively dull and ir regular bond market. The reaction in these issues, however, aid not extend to the general foreign group. Rack of buying power n, the French issues rather than any heavy liquidation has been responsible for re cent weakness. St Paul Issues showed good recovery but a number of the other mortgages in the railroad group lost ground. Cop per companies liens were the strong spots of the industrial group. Goodyear Tire Ss of 1931 were heavy. United States government securities were’ irregulhr, moving within a radius of J cents on\$100. /total sales, par value, were ?1U, 954.000. , , , Announcement was made today that, the pierce Arrow Automobile company has practically concluded arrangements for paying off its $7,150,000 bank loans through the sale of new securities. The Southwestern Bell T.elephone company on April 1 next, will pay o.f $24,782,600 in 7 per cent, convertible gold notes due April 1. 1925 at 102 and accrued in terest. SUGAR AND COFFEE. NEW YORK, Jan. 25.—Raw sugar irm; spot Cubas 5.09 for centrifugal., ieflsied sugar unchanged at 6.70 for ine granulated. Spot coffee firm; Rio is 12% to 12 lantos 4s 15% to 16. Shipping News VISSSLil.S IN PORT Schr. City o£ Baltimore (Am.), 2S6 tons, C. D. Maffltt and company. Str. Newa, (Dan.), Capt, Arthur Fellt enberg, with 3,200 tons - cement from Aalbourg, Den., now discharging at Wilmington' Compress and Warehouse company terminals. Cargo consigned to Southern Power company; vessel consigned to Heide and company. -— Wilmington Markets NAVAL STORKS. SPIRITS TURPENTINE—Nothin* >io- ; ing. — 1 ROSIN—Nothing •doing. PINE TAR—Per gallon 150. PINE TAR—In country pine b*.reia V-EO. CRUDE TURPENTINE—Virgin and yellow dip 55.25; scraps <4.25. t PRODUCE. CORN—$1.10 Vs. BEEF—Be to 8c. VEAB—7c to 9c. I PIG POKE*—Small pigs 12c to lie; large 10c to 11c. BACON—tN. C.)—Hams 30C to 35c.iJ sides and shoulders. 18c to 20c. CAKE TAEBO YV—5c. BEESWAX—20c. HIDES—5c to 6c. EUGS—Country 33c to 3oc. i YOUNG CHICKENS—25c to 23d lb.;! hens 22c; roosters 18c to 20c. lb. BUTTER—No sales. IRISH POTATOES—No. 1, $2.75 to' $3.00 bag. SWEET POTATOES—19 to 50c. CABBAGE—2c to 2*c. PEANUTS,. Prices paid producer: Nortn Carolina—New crop, $1.50. Virginia—New crop $1.00. Virginia Jumbos, $1.05. Spanish—New crop, $1.70. PETERSBURG PEANUT MARKET. (Reported by Rodgers, Plumber tk Co., Incorporated > Spanish, farmers' si ode Market firm, $2.20 per bushel. Virginias, Farmers stone Market Arm. Fancy Jumboes—714c per lb. Prime Jumboes—6 tec per lb. Virginia Runners—First grade 6V4o per lb. l Virginia Runners—Second grade 5Y4o per lb. Shelling Stock—5 Vic per lb. ’ NEW YORK COTTON LETTER. . NEW YORK, Jan. 25.—While a de :idedly reactionary feeling permeates •otton circles today following yester lav's showing of the market and the dose of .trading today yet withal final quotations are practically unchanged rom the previous closing excepting October which again showed the great est weakness under the idea that the l’exas drought has been broken and .he crop prospect consequently im • moved. Eiverpool gave another exhibition of treat strength in early trading but final jrices were sharply off from the best tnd indicate a reactionary feeling ■here also. Favorable reports are re ceived again on Manchester trade but n domestic cloth markets demand was -eported moderately subsided. At least these things show in the main some what of a halting tendency among tot ton traders permitting them to cavil their breath even if not to carry y5ut the reactionary feeling through furth er liquidation at the cost of quotations. I'he impressive feature in the trading I hat took place today is that the class if buying which absorbed sales was jet of the kind regarded as the strong -st er indicative of traders In the best informed circles being eager to ac uunulate further contract at current [) r i c g 8. Trading in January contracts ceased It noon. The final price was 28.32. At die same time March contracts traded, it 2S.50. which shows on the face of it to Sinai urgent demand for spots on ■ontract here otherwise January in all irobabilitv would have shown a prem um over "March. For the next month so squeeze in futures is possible be muse February commitments are usu ally of a negligible quantity conse quently there can be no immediate an ticipation of driving shorts in on ac lount of being without the actual igainst sales. In effect we are ending t bull month and while what the com ng month will bring is naturally a matter of conjecture yet it would bn well to look seriously at traders halted ■endency toward rushing prices up fur ther at this time. March Liverpool iue Friday 15.S7. DRVIS BROTHERS AND COMPANY. Visting cards are supposed to have originated with glazed earthenware :ablets, depicting the owner and left by him on leaving temples. Lewis i. Merritt CIVIL ENGINEER Xo. 30 Odd Felloes’ Building; Wilmington, X. C. PKOXE 780 COAL BUILDEnS’ StVPLIBJ I w. B. THORPE & CO. R. W. DIXON SWITARY PI.UMIIIXfi Wilmington, X. C. 117 South Front Street Phone 3200 “Always on the Job” KED CROSS MATTRESSES HOLD Rif w. MUNROE & CO. furniture 15 8. Front St. Tom Xcre-’r worth Ai»»'d Tax Exempt Preferred Stocks Paying from 7% to 8% We offer, subject to sale, and recommend the following High-grade, Tax-free, Preferred Stocks: Hunter Mfg. and Commission Co., 7 Per Cent Preferred, at 100 and Stonteattei'miu Co.. 7 Per Cent Preferred, at 100 and {“}*"**• Rosemary Mf*. Co., 7% Per Cent Preferred, at 101 and Inter . Tide Water Power Co., 8 Per Cent Preferred, at !««• We are prepared to buy or sell: Government Bonds, all Issues Standard Oil of er"c Standard Oil of New York Standard Oil of Kansas Standard OH of Indiana Vacuum Oil Standard oil ox inaiann -- None of these stocks will be handled on mdfrgm, but on a strictly cash basis c. P. BOLLES & CO. Telephone No. ,26 606 Murchison Bldg.
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 26, 1923, edition 1
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