YORK, April o were followed by sharp _de Yesterday'e jjiant-*' cotton market here today. *«><•* orinc movement In old crop TW c? t0 have pretty well run lta (OH du rms the previous day, as little demand, and VicUled very readily to dlsap» price.- titles, prospects for better i"tinfc the south and reiterated a'poor spot demand. Jnuly broke'to 47.03 or 82 points .liuiiH* ninood at that level, with net \o* ter. and c loeed at that level, with j «ral arket closing weak at net j of 6rt to S3 points. . 3J market opened easy at a decline 1, to "3 points inresponse to the of ls -Vvine of Liverpool and the fa po°r.,, weather map. After showing ■11 :‘a 11'' ,s „f about SO to 66 points, iR M‘ ..,,,\ved a tendency to rally on f'roi^h'itif" buying of'near months t , ' v, ring but soon broH® again, ", renewal of liquidation or gen ,'nino which seemed to be partly era nc(1 b.v developments, in the '"t1"'- -irket*. The reported proceed h'i'11,.,.'the department of justice : ,i10 sugar futures trade, at 6’1 w,rc more or less generally coro ntertt" 1 upon as a disturbing feature from standpoint of future markets ,v. and the market was extreme v,,,is and unsettled during the .''’.on,,. There was enough covering from time to time, but J°1'these bulges met increased^offerings was a renewal of general toward the close 'on prospects : . temperatures and more set ii weather in the south. May broke "3s no* and October to 24.00, with ac h: months showing net losses of 67 V points and declines of about 80 " ,,r ,r,.i111s from yesterday’s best fig ' Tip.re was some criticism of the iriTv we itlmr.map because of low tem •ratures Rut otherwise conditions were idered favorable and sellers here rr predicting that a week or 10 days V „,ri weather would make a big p.-pr./in the character of crop art High . .2S.G2 . .27.66 . .24.75 . .24.26 Low 28.00 27.03 24.20 23.75 85 Close 28.00 27.03 24.20 23.76 9 3 i.=L \i;\v ORLEANS COTTON. ORLEANS. April 19.—Better ,r ,iy,-r the belt and the federal ,v, r- tnrtit’s action against the New v,,, I - and sugar exchange were . <ii>lr for a decline in cotton to a. which. late in the session amount* V\„ 70 to it- points, old crop months „jkjns the widest losses. The court , I .. ...lines against the coffee and r exchange were an adverse lnflu . ainst cotton because the trade .-I i'n them the possibility that the .(W unent 'would'not look kindly on ' v boosting of old crop values beyond (.rutin limits. - The effect of the sugar market news iaf heightened by telegrams late In day to brokers here claiming that .. y.'r::hie cotton was headed to iards New York form to go against \tav contract there. The market elo** fd at net losses of 70 to 87 points. May 1 as low as 27.20 while the inside rriiv on the close was 27.28; October railed down to 23.63 which was also the inside price on the close. The weather map .reflected dry weath nyer practically the entire cotton region and the forecast called for more rv weather with some warming up In trtnperatures. This was considered the li-st weather in some time. Reports run here and there in the belt during xit day said that planting was pro irwing fast in sections where recent ■ were had made the soli too day.. Oct.. . Toe... High . . .27.90 . . .27.50 ' . . .24.10 . . .23.69 . ..23.60 Low 27.20 26.85' 23.63 23.20 23.25 Close 27.28 26.90 23.63 23.20 23.10 DAILY COTTON TABLE. Port .Movement. New Orleans Middling 28.13; receipts (.149; exports 400; sales 827; stock 136, Galveston; Middling 27.95; - receipts 7,bid sales 450; stock 113,014. Mobile: Middling 28.00; receipts 195; stock 2,41b. Savannah; Middling- 27.50; receipts 391; exports 10U; sales 361; stock 46, ci'i. Charleston: Receipts-511; exports 3, SS: stock 38,951. 'Vllmington: Middling 27.00; receipts A stock 10,747. Texas City: Stock 749. Norfolk: Middling 27.38; receipts 224; stock 67.769. Baltimore: Stock .2,335. boston: Middling 29.00; receipts 45; stock 11,800. Philadelphia; Stock 4,572. N>'.V York: Middling 28.20; exports 3-444: stock 55,707. Minor pul-ts: Stock 7,037. Total today: Receipts 4,133; exports 7-172: stock 496,1.86. Total for week: Receipts 81,492; ex ports 67.412. Total for season: Receipts 5,416,033; -■sports 4.050.288. Interior Movement. Houston: Middling 2S.OO; receipts 505; >Jipments 2,182; sales 1,449; stock 97, Msmphis; Middling 28.75; receipts 1, shipments 1,508; sales 225; stock .Augusta: Middling 27.44; receipts 250; lopmonts 511; sales ,2; stock 32,723. 3h Louis: Middling 29.00; receipts 819; Shipments 819; stock 15,885. Atlanta: Middling 27.80. Jjttlr. Rock: Middling 28.00; receipts .^shipments 235; sales 3,540; stock pallas-: Middling 26.85; sales 246. Montgomery: Middling 27.13. lotal today: receipts 2,561; shipmenss AM. stock 253,879. M2W YORK COTTON LETTER. MiM YORK, April 19.—Improved A.■ conditions over the cotton belt , ciutlook for its being continued "0 next few days was the first cause. 0 influence selling in cotton markets Assisting this were lower Liv ‘™1, cahl, s than due with advices ■ the undertone was poor and an A'Ante of buyers furthermore than anchester business is small and of a miscellaneous character although wide i’.earl , These were primary causes. ' Aotulay and possibly of more power 1 sentiment was the action, of ■ the '-'Prnment In regard to the sugar ln ,rjT which had an unsettling influ l(> among some cotton traders. The ■i,!,lon ?£ the market undoubtedly ip .•^pointing to its friends and espe ’ ■ so as final quotations, were the ,e>est. Jlcarish sentiment is running '.iM; and its is nossibie that this to .'r "'ith the influence of better Pis .■ may cause further selling but situation is quite bullish Insofar as on't't supplies are concerned and ■A1,;-' on the theory that the crop may !-„ iE“ •» entirely a guess. Hence ‘' Known facts are favorable to high f ar>d the unknown cannot bo e.J '■\\L5hart for quite some time to come., ■m,I?vor Purchases during all" weak. May Liverpool cue Filday I.IVF.RPOOL COTTON. Ml Kiipool, April 19.—Cotton: /- in fair demand, prices easier, middling 15.72; fully middling middling 15.47; low middling Good ordinary 14.72; ordinary 3.22 ll.R K ' Alt; ,(*90 bales, including -4,909 n ri/11' No receipts. < Jlj<res closed barely steady. Apr! A3 ay 14.74; July ’4.50; OotObei January 12.86; Merch 19.70. CHICAGO, April 19.—With estimates current that the domestic winter crop or wheat this year would he 46,000.000 ““Joels less than was harvested In 1922, and that Nebraska prospects were tor only one-third to half a crop, the wheat market today developed fresh strength. Prices closed firm % to % net higher with May 1.26% to 1.26 and July 1.24% to 1.24%. Corn gained % to % to 1 cent and oats % to % to %. In provisions the outcome was 12 to 22 cents decline. WHEAT— Open High Low Close May . .. 1.26% 1.26 1.24% 1.25% July . ..1.23% 1.26% 1.22% 1.24% Sept. . .. 1,21% 1.22' 1.22% 1.21% CORN— May . .. .79% .79% .79% .79% .81%’" .82 .81% -.81% Sept. .. ... .82 .82% .81% .82% OATS— 1 May . . . .45% .45% .45% .45% July . .. .46% .46% .46% .46% Sept. . .. .46 .45% .44% .45% I/ARD-— May . .. 12.15 11.15 11.06 11.12 July . .. 11.42 11.42 11.30 11.37 RIBS— ^ May . .. 9.75 9.75 9.67 9.67 July . .. 10.07 10.07 9.97 ■ 9.97 Cash: No. 2 red: 1.33; No. 2 hard 1.26% to 1.26%. Corn No. 2 mixed 81 to 81%; No. 2 yellow 81% to 81%. Oats No. 2 white 46% to 47%; No. 3 white 46%. Rye No. 2 27. Btrley 73. Timothy seed 6.00 to 5.50; clover seed 15.30 to 18.50%. Pork nominal; lard 11.25; ribs 9.25 to 10.25. SOUTHERN MU.I, STOCKS Quoted by R. S. DICKSON AND COMPANY. Gastonia, N. ('.—Greenville, s. C. April 16.-1923. I Bid 1 Ask Aome Spinning Co. Arcadia Mills . American Spinning Co. . Am. Ya,rn and. Proving Co. Am. Yarn and Pro’ing pfd .... Anderson Cotton Mills . Arlington Cotton Mills . Aragon Cotton Mills (S. C.) .. Arcade Cotton Mills. Arrow Mills . Augusta Factory . Belton Cotton Mills ........ Belton Cotton Mills, pfd. Beaumont Mfg. Co. Bibb Mfg. Co. . Brogon Mills . Clara Mfg. Co.. Clifton Mfg. Co. Cabarrus Cotton Mills. Cabarrus Cotton Mills, pfd.... Chadwick-Hos. Co. (par 325.) Chadwick-Hos. Co. pfd . Chiquola Mfg. Co. Chiquola Mfg. Co. pfd>. Chino Grove Mills . Calhoun Mills. Cannon Mfg. Co. (par $10.).. Clover Mills .\. Climax Spinning Co.. Crescejit Spinning Co. Columbia Mfg. Co. (Ga.). Converse, D. E. Co... Darlington Mfg. Co. Dixon Mills . Drayton Mills. Dunean Mills . Dunean Mills, pfd. Durham Hosiery pfd . Durham Hosiery ‘‘B”». Eastern Mfg. Co. Eagle Yarn Mills . Eagle and Phoenix (Ga.) - Eflrd Mfg. Co. Enterprise Mfg. Co. (Ga.).... Erwin Cotton Mills Co. Erwin Cotton Mills Co., pfd .. Flint Mfg. Co. Gaffney Mfg. Co. Gibson Mfg. Co. Globe Yarn Mills (N. C.) .... Gray Mfg. Co. Glenwood Cotton Mills . Gluck Mills . Greenwood Cotton Mills. Grendel Mills . Grendel Mills, pfldi (par $50) .. Graniteville Mfg. Co. Hamrick Mills .. '. Hanes, P. H. Knitting Co. Hanes, P. H. Knitting Co., pfd Henrietta pfa . Hillside Cotton Mills (Ga.) .. Hunter Mfg. and Com Co., 7 P. C. pfd . Inman Mills . Inman Mills, pfd .. Jennings Cotton Mill . Judson Mills. Judson Mills,'pfd .. King, Jno. P. Mfg. Co. Lancaster Cotton Mills .... Limestone Mills .? Linford Mills . Lola Mfg. Co. Locke Cotton Mills Co. Laurens Cotton Mills . Mansfield Mills. Marlboro Cotton Mills ...... Mills Mill. Mills Mill, pfd . Monarch Mills, (S. C.) .... Mollohon Mfg. Co. .. Musgrove Cotton Mills .... Myers Mill . Myrtle Mills. Mooresvllle . National Yarn Mill .. Newberry Cotton Mills .... Orr Cotton Mills . Orr Cotton Mills, pfd. Parkdale Mills . Pacolet Mfg. Co. .. Pacolet Mfg. Co. pfd . Pelzer Mfg. Co. ...... ••••■• Piedmont Mfg. Co. (S. C.).. Perfection Spinning Co. Poe, F. W. Mfg. Co. Poinsett Mills ... Priscilla Spinning Co. Rnnln MffiT. Co. 290 -124 106 131 120 230 296 126 108 135 65 65 91 255 205 121 100 153 138 106 21 10b 225 93 106 145 15 101 184 120 142 102 120 86 97 121 • 70 71 93 124 106 155 22 % 107 94 16% 191 137 135 144 104 124 100 109 80 18 97 94 150 151 85 116 103 165 110 115 62 128 138 135 210 150 49 154 161 15 104 107 225 s2 109 145 101 255 159 100 180 240 102 105 185 150 165 83 19 99 96 155 95 106 171 112 138 60 16 ,109 250 :ioo 102 195 161 285 101 160 145 89 66 112 145 123 97% 120 280 101 155 156 102 130 94, 147 91 71 116 130 161 148 125 98% 126 2851 158 134 130 66 Bex Spinning to. .. .. Rex Spinning Co., pfd. Riverside Mills (par $12.60) Riverside and Dan River .... Riverside and Dan River, pfd. Rowan Cotton Mills Co. Roanoke Mills,*Yst pfd. Roanoke Mills, 2nd pfd. Rosemary pfd . Rhyne-Houser Mfg. Co. Saxon Mills .. . Seminole Cotton Mills Co. Sibley Mfg. Co. (Ga.) . Spartant Mills . . . .. Sterling Spinning Co. Superior Tarn Mills. Stowe Spinning Co. .......... Toxaway Mills, (par $26.00) .. Union Buffalo Mills .......... Union Buffalo Muls, 1st pfd' • • Union Buffalo Mills, 2nd pfd. Victor-Monaghan Co. .. Victor Monaghan Co. pfd Victory Tarn Mills Co. . Victory 8 per cent. pfd. . Ware Shoals Mfg. Co. ... Watts Mills, 1st pfd 891 S14 103 104 108 100 99 98 118 110 66 182 134 110 100 37 78 96 57 116 112 97 103 220 10 Watts Mills, 2nd pfd. . Winget Tarn Mills Co. ... Wiscassett Mills Co. Williamston Mills ... . Woodside Cotton Mills . . - Woodside Cotton Mills pfd Woodruff Cotton Mills .... The stocks quoted above represent prices at which we have buyers and prices at which we can sell. All ouota tjpns subject to change without notice. 124 154 105 145 148 180 325 .107 101 100 122 186 136 101 38 79 97 58 117 100 232 101 130 80 147 146 190 DRY GOODS MARKET. NEW TORK, April 19.—Weakness In raw cotton led to quiet trading in cloths and to further offerings from second hands at slight PHceo°nces «innB in today’s markets.. Tarns were quiet. RAW’ silk again failed to attract buyers among domestic silk manufac turers. The fall fabric trade develops slowly. Burlaps markets were quiet, sales being nominal. Wot°„1t®0<^3es11^2jT' ed firmness wherever late deliveries were concerned. MONEY MARKET. > 'NEW TORK, April 19.—Call money Arm high 6, low 4 1-4; ruling rate 6. closing bid 4 1-2; offered at 4 8-4 last loan 4 Y-2,* call loans against accept ances 4 1-2; time loans steady; mixed collateral 60-90 days 6 1-4 to 6 1-2; 4-6 months 6 1-4 to 6 1-2; prime commer cial paper 5 to 5 1-4. , ’ ■ v STOCKS NEW YORK, April 19.—The rising tendency of prlceB was checked shortly after the opening of today’s stock mar ket by the- announcement of govern mental proceedings to prevent specu lation In raw sugar. Sugar stocks, which had advanced during the first hour, dropped when the government's action became known but they rallied slightly/before the close. Prices in the general list yielded In sympathy and there/ was a marked re duction in the volume of trading. Prices pursued an uneven course during the rest of the session with bullish demon strations In the coppers, American Can and California petroleum, counteracted by heavy offerings of some of the other oils, investment rails and a few special ties. Revival of speculative interest in the copper group was founded on re ports of an Increased foreign demand for the mental, particularly from Ger many and the activity of the copper shares on the London stock exchange. Utah led the advance and American Smelting, Chino and Kennecott each closed higher. Stewart Warmer Speedometer, which has been heavily bought lately on spec ulative expectation of an increased dividend, broke and then rallied Com mercial solvents "A” broke on a small turnover. Profit taking In some of the high grade railroad shares halted the ad vance In that group. Canadian Pacific was off 2 points on the day. Losses were recorded by Delaware and Hud son, “Katy” preferred Peoria and East ern, Southern Pacific and Union Pa cific. Kresge jumped on a turnover of 200 shares. Transue and Williams Steel was active for the first time in several months on reports of large current earnings. Recent strength of corn pro ducts was attributed in part to the higher sugar prices which are expected to lead to large use of the Bugar sub stitutes manufactured by this com pany. Foreign exchanges held fairly steady around yesterday’s closing prices. De mand sterling rose nearly a cent to $4.66 In the early trading but receded to $4.65% where It was up % of a cent, on teh day. French francs were quoted around 6.65 cents and German marks rallied slightly to .0035% cents. Day’s total sales 786,600 shares. Twenty industrials averaged 102.58; net gain .34. High 1923, 105.38; low 96.96. Twenty railroads averaged 88.00; net loss .56. High 1923, 90.65; low 84.53. Name. NEW YORK STOCK LIST. |Hlgh|~Low Allied Chem. and Dye Am. Beet Sugar. American Can. Am. Car and Foundry Am. H. and L. pfd_ Am. Inter. Corp. Am. Locomotive. Am. Linseed . Am. Smelt and Ref. .. American Sugar. Am. Tel. and Tel. Am. Woolen. Anaconda Copper .... Atch. T. and Sana Fe Atlantic Coast Line .. Atl. Gulf and W. I. Baldwin Locomotive . Baltimore and Ohio .. Bethlehem Stel, B. .. Canadian Paclflc. Central Leather. Chandler Motor . Chesapeake and Ohio Chic. Mil. and St. P. .. Clilc Rock I. and P. .. Chile Copper. Coca Cola . ■ . Consolidated - Gas __ Consolidated Textile .. Cosden and Company Corn Products . Cruolble Steel . Cuban Am. Sugar .... Cuba Cane Sugar .... Endicott Johnson .... Erie. General Asphalt ..... General Motors . Great Northern pfd .. Gulf States Steel _ Illinois Central . Inspiration Copper_ Inter. Harvester . Inter. Merc. Mar. pfd International Paper American Tobacco ... Chino Copper . Kelly Springfield. Louisville and Nash. 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 Paclflc . Okla. Prod, and Ref .. Pacific Oil. Pan-Am. Petroleum .. Pennsylvania . Pure Oil. Reading. Republic I. and Steel.. Reynolds Tobacco B . Royal Dutch. N. Y. .. Seaboard Air Line .... Sears Roebuck ....... S.-Sheffield Steel _ Southern Paclflc. Southern Railway . — Southern Ry. pfd .. .. Standard Oil of Cal. .. Standard Oil of N. J. .. Studebaker . Tennessee Copper .... Texas Company . Texas and Pacific . — Transcontinental Oil. . Union Pacific. United Fruit ...... United Retail Stores .. U. S. Ind. Alcohol .... U. S. Rubber. U. S. Steel. Utah Copper.*. Virginia Caro. ChertK Western Union . Westinyhouse Elec. .. Miami Copper.' Vanadium Steel . 74% 47 9814 180% 10% 31% 135% 8.2 % 65% 81% 122% 100 % 50 102% 119% 26 140% 53% 66% 149 35% 70% 72% 24% 35% 28% 77% 67% 11% 56% 129% 82'% 37% 13% 72% 12% 48% 17% 76 99% nM 90 37% 46% 155% 28% 60% 144% 11% 33% 40% 17% 95% 20% 112% 77% 2% 39% 72% 46% 96% 78% 64% 65% 52 7% 86% 66% 92% 34% 68% 62% 74 45 96% 180% 10% 30% 134% 32% 63% 80% 122% 99% 49% !°2 % 118% 25 140 53 66 156% 34% 70% 71% 24 84% 28 77% 66% 11 65% 128% 81% 35 17% 72% 12% 48 16% 75 99 114% 37% 90 36% 46 154% 27% 60 144 11 33 39% 16% 94% 19% 11.2 76% 2% 39% 70% 46% 96% 77 64 65 61% 8 56% 90% 84% 68 61 38% 123% 11% 49% 27% 10% 140% 174% 82% 67% 61% 106% 71% 16% 113% 67% 29% 40% Last 74 45% 98% 180% 10% 30% 65% 80% 122% 100 50 101% 118% 25% 140% 53 66% 157% 34% 70% 71% 24 84% ! 28% 77% 67 11% 65% 129% 81% 35% 17% 72 % 12% 48 17 75% 99% 114% 38% 90 36% 46% 155% 27% 60% 144 11% 33 39% 17 94% 19% 113 76% 2% 89% 70% 45% 96% 77% 64 65% .61% 7% 86% 66% 90% 34% 68 61% 39 123% 11% 49% 27% 10% 140% 174% 83 68 61% 106% 72% iisa n 40% CHICAGO LIVESTOCK. CHICAGO, April 19.—Cattle: Receipts 12,900; killing quality generally plain, beef steers uneven; spotty, gerierally steady; fills and less desirable killing quality considered; top steers 10.15 I weight 1;5.27 pounds. Several loads weighty steers 9.75 to 10.00; yearlings scarce; best young steers 9.60; bulk heifers strong; spots higher; veal calves steady to 25 cents lower; stockers dull. HOGS: Receipts 88,000 early sales mostly to traders around steady; ship per and packer markets low; uneven, 5 to 15 lower; early top 8.50; {losing bulk 160 to 210 pound average 8.10 to 8.25 225 to 825 pouhd..butchers 7.85 to 8.15; packing sows weak to 10 lower, 6.85 to 7.10; pigs weak, to 25 lower; bulk 100 to 130 pound pigs .7.00 to 7.50; estimat ed holdover 16,000., SHEEP: Rebdlpts 18,000; lambs un even, steady to |5 lower; top ,14.60 to packers and shippers; bulk wooled 14.25 to 14.60; clipped lambsu largely 10.75 to H.50; one load choice-Wiscon sin fed 80 pound average 12.10 to city butchers; heavy clipped lambs largely 9.75 to 10.00; sheep around steady; clipped ewes averaging 102 poknds 7.50; two loads heavy clipped .weathers 7.00. LIBERTY BONDS. ' A NEW YORK, April 19.-—IT. S. gov ernment bonds closing. Liberty 3 l-2s 101.2; firsts 4 97'10; second- 4s 97.7; firsts 4 l-4s, 97.22; second 97.19; third 98; fourth 97.2*. Uncalled Victory 4 3-4s 100; United tSates governnaent r4 l-4s 99.3. .. .. . SUGAR ANl/ COFFEE. NEW YORK, April 19.—Spots Cubas 8.16 for centrifugal. Refined quiet; fine granulated 9.60. - Spot coffee quiet; Rio 7s 11% to 11%;. Santos 4a 14% to 16. ■ ’ ' ' '~V AVA:.:'--';';'-'-.-,. O. S. DEPARTMENT AGRICULTURE WEATHER .BUREAU Wilmington, N. C.. April 20, .1923. Meteorological data Tor the 24 hours ending 8.-90 p. m. yesterday. Humidity Record. Dry Wet Relative l>ulb bulb humidity temp. tamo, percent 800 a. m. 56 48 60 12:00 noon. 71 68 46 8:00 p. m. 62 55 64 Temperature: Maximum, 73; mini mum, 48; mean, 60. Rainfall: Total for the day, .00; total since first of the month, 1.02. Sun rises .6:35 a. m. Sun sets ...6:47 p. m. Tide Table. ll*Kb. Wilmington .12:80 a.m. “ .12:48 p.m. Masonboro Inlet ..10:07 a.m. ..10:30 p.m. Loir, 8:16 a.m. 8:08 p.m. 4:34 a.m. 4:33 p.m. Stage of river nt lj|iyettevllle at 8 a. m. yesterday, 14.4 feet, falling. WEATHER BUREAU REPORTS. STATIONS— Temperature: 5* £5. SH Asheville .clear Atlanta :.clear Birmingham ....clear Boston .cloudy Charleston .....clear Charlotte .clear Galveston ....cloudy Jacksonville ...clear Memphis.clear N. Orleans.clear New York.clear Raleigh .clear Savannah.clear St. Louis .i.clear Washington ...clear 72 74 76 64 74 74 70 74 74 74 54 74 74 78 70 40 44 8,2 48 48 62 50 54 54 34 60 48 52. 38 3* a»: SI *<« tie .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 WEEKLY FINANCIAL, STATEMENT OF FEDERAL RESERVE BANK. WASHINGTON, April 19.—Combined resources and liabilities of the 12 fed eral reserve banks at the close of busi ness April 18, were reported tonight by the federal reserve board in thousands of dollars as follows: RESOl’BCES: Gold and gold certificates 826,375 Gold settlement fund, F. R. re-_ ■ serve board . 659,887 Total gold held by banks 986,262 Gold with F. R. agents . 2,036,490 Gold redemption fund . 59,870 Total sold reserves Reserves other than gold . $3,082,622 95,920 Total reserves.... $3,178,542 Non reserve cash ..•_ Bills Discounted: Secured by U. S. government obligations..? 334,611 Other bills discounted .... .. . . 308.861 Bills bought in open market . . 277,447 Total bills on hand.$ ???’??» TT. S. bonds and notes. 158,910 U. S. certificates of indebted ... 7 J,U97 Municipal warrants. 41 Total earning assets .81,168,957 Bank premises ..... -••••• 49,53/ Five per cent, redemption fund against F. R. bank notes .. 191 Uncollected items . ‘23,336 All other resources .... g... 13,871 .85,191,814 Total resources . LIABILITIES: Capital paid in.* Surplus. 218,369 Deposit*: Government .‘ , Qil’SSe Member bank, reserve acct.. 1,924,525 Other deposits.• • • 21,640 Total deposits.$1,991,001 F. R. notes in actual circula- _ . tion. 2,220(251 F. R. bank notes in circulation , net liability . 2,443 Deferred avaialability items.. 635,966 All other liabilities. 15,186 Total liabilities.85,191,814 Ratio of total reserves to deposits ind federal reserve note liabilities com bined 75.5 per cent. ' NEW YORK BONDS. Foreign Bonds. Argentine 7s -....... •••••>. Domln. of Canaida 6%s, 1929 - French Republic 7%s • •••. Kingdom of Belgium 7%s . Kingdom of Denmark 6s. Swiss Confederation 8s ... • ■ • • • Un. King of G. B. and I f%s, 1937 U. S. of Brazil 8s ... U. S. of Mexico 5s . 102% 102 • 94% 101% 97% 118% 104 96% 55 Ralivrar and Miscellaneous Bonds. 101% 88% 102% 113% 87 80% 89 98% 88% 98% ?» American Agric. Chem. 7Vit American Smelt, and Ref. 5s .. American Sugar 6s . ... American Tel. and Tel. cv. 6s Atchison gen. 4s ........... Baltimore and Ohio cV- 4%s .. Bethlehem Steel ref. 5s .. Central Leather 5s ... Chesapeake and Ohio cv. 5s .. Chicago, B. and Quincy ref. 5s Chic., Mil. and St. P. cv. 4^s Chic., R. I. and Pac. ref. 4s .. Chile Copper 6s ... 100% Colorado and Southern ref. 4%s. . S3% Erie gen. 4s .. ..*.* 46% Goodyear Tire 8b, 1981 .. 103 & Illinois Central ref. 4s ... 84% Int. Mer. Marine 6s ........ 87% Kans. City Southern ref. 5s .... 85 Kelly-Springfield Tire 8s . 109% Louisville and Nash. ref. 5%s .. 103 Mexican Petroleum 8s ......-107% Mo, Kan. and Tex. pr. lien 5s .. 78% Missouri Pao. sen. 4s ..>'57% New York Central deb. 63 .103% Norfolk and Western cv. 6s ; 112% Northern Pacific 4s ... 83% Pennsylvania sen. 5s .— 107% Reading gen. 4s ............. . .v 83% Republic llron and Steel 5s --- 90 St. I* and San Fran. adj. 6s.... -72% Seaboard Air Line con. 6a •.. • 35 Southern Bell Tel. 5s .....-— 95 Southern Pacific cv. 4s .. 91% Southern Railway 6s ..,94%' Southern Railway 6%s... 101 . Union P'aclflc 43 ..'... ,90% U. S. Steel 5s .. -v--•■■■ •.... • • 101% Virginia Cara. ; Chem, 7 % s .... 84% Wabash 1st 5s ... 95 Wilson and Co. 7%s .100% Seaboard Air.tine 6s .......... 31^ Southern Railway 4s -........ 671 foreign exchange. NEW YORK, April lg.—Foreign ex change irregular. Quotations Jn cents; Great Britain, demand 465 5-8;-cables 465 7-8; sixty days'bills oh banks'453 7-8. -France, demand 665; cables 966 1-2. Italy, demand 494 1-2; cables 495. Belgium, demand 578 1-2; sables 574. Germany demand .0035 1-2; ca bles .0035 3-4; Holland,, demand!.3813; cables 8922. Norway, demand 1793; Swedes," demand .2670; Denmark, de mand 1895; Switzerland, demand 18-15; Spain, demand 1534. Greece, -demand 117. Poland, demand. .0021 Czecho slovakia, demand 297; Argentine, de jmand 36T5; Brazil, demand 1095; Mon treal.97 ?*<***•*t**## ■> ' - ' Shipping News Str. Ansaldo VII, (Ital.), Alexander Sprunt and Sons. Str. Santurce, (Am.), Heide and com pany. ., Schr. Wilbert S. Bartlett, (Ala ), 843 tons, C. D. Maffitt and company. Str, <*Helmer Moerch, (Dan.), Meide and company.. ARRIVED. Str. Helmer Moerch, (Dan.), Aalborg, Denmark, with cargo of cement for Southern Powet company. SAILED. Str. Glymdon, (Am.), in ballast for Mobile, Ala. Wilmington Markets PEANUTS. Prices, paid producers'. NORTH CAROLINA—New crop, $1.85 to $1.90. VIRGINIA—New crop, $1.00 to $1.10. VIRGINIA JUMBOS—$1.10 to $1.20. WHITE SPANISH—$2.00. RED SPANISH—$1.90 to $2.00. PRODUCE. CORN—$1.10%. BEEP—9 to 10 cents. VEAL—10 to 12 cents. PIG PORK—Small 14 to 13 cents, large 10 cents. N. C. BACON—Hams 2* to 25 cents; sides and shoulders 14 to 15 cents. TALLOW—Cakes, 5 cents. BEESWAX—20 cents. HIDES—8 to 7 cents. EGGS—22 cents, very dull. CHICKENS—Fall 25 cents; spring 35 cents; hens 25 cents; old roosters, dull, 15 cents. BUTTER—25 to 30 cents. IRISH POTATOES—$3.25 to $3.50 a ba 'fvVEET POTATOES—65 to 60 cents bushel. NAVAL STORES. SPIRITS TURPENTINE—Nothing do fiOSIN—Nothing doing. PINE TAR—Per gallon 15c. . PINE TAR-—In country pine barrels $3.50. CRUDE TURPENTINE—Virgin and yellow dip $6.25; scrape $4.25. RICHMOND LIVESTOCKS. RICHMOND, April 18.—Cattle: Supply light and market active; strictly good i steers 8^50 to 9.00; medium to good steers 8:00 to 8.60; common to medium steers 6.60 to 7.60; good to choice cows 6.00, to 6.60; extra higher common to medium cows 4.50 to 5.50; canners 2.50 to 2.75; medium ^to good oxen 6.00 to 7.00; common to' medium oxen 4.50 to 6.00; fat butcher bulls 5.60 to 6.00; bologna bulls 4.25 to 4.75; light, com mon bologna bulls 3.50 to 4.00; choice fat'heifers 8.00 to 8.60; medium to good heifers 7.25 to 8.00; common to medium heifers 5.50 to 7.00; good Virginia calves 11.00 to 12.00; medium Virginia calves 9.00 to 11.0; best southern calves 11.00; medium southern calves 8.00 to 10.00; rough and heavy veal calves 4.00 to 6.00; good oorn fed hogs 8.60 to 9.00; good oorn fed pigs and shoats 8.00 to 8.50. Good lambs 14.00 to 15.00; medium lamibs 12.00 to 13.0; spring lambs 18.00; fat sheep 6.00 to 8.00; common to fair sheep 4.00 to 6.00. NEW YORK BONDS. NEW YORK, April 19.—Bonds prices continued firm with irregular advances in today’s dealings on the stock ex change. Sugar company liens, Influenc ed by the flurry tn stocks as a result of the government’s action in- Seeking to stop speculation in sugar, Were mixed, Punta Alegre sugar 7s closing off, while Cuba Cane 8s were up. - • United States government bonds were steady in quiet trading. Foreign bonds were somewhat improved, French issues leading the moderate advance. Railroad mortgages continued in fair demand but the price changes for the most part were small. Frisco in come 6s advanced and St. Louis Iron Mountain and Southern 4s, river and Gulf division, were up. Copper com pany liens were active, Cerro de Pasco 8s leading in this group. Armour and company 4%s were up. Total sales, par value were $10, 441.000. There were reports that there.is coon to be a public offering of $15,000,000 Wlllys Overland long term bonds to refund about $10,000,000 notes, notes maturing December 1,1923. COTTONSEED OIL. NEW YORK, April 19.—Following the decline in cotton and lard, which in duced commission house liquidation, the cottonseed oil market was lower today. It rallied late on support from refiners and closed steady at a net loss of 1 to 4 points. Sales 17,400 barrels. Prime crude 10.00 sales; prime summer yellow spot 11.45 to 11.75; May and July 11.42; September 11.38, all bid. NAVAL STORES MARKETS. JACKSONVILLE. Fla.. Anril 19.—Tur pentine quiet 1.40; sales none; receipts 278; shipments 306; stock 8,627. Rosin, firm; sales 779; receipts 1,065, shipments 2,059; stock I!?.’ x- w * Quote* B, 4.95; D to E, 5.00, F to H, 5 05; I to-M, 5.10; N, 5.35; WG, 5.60; WW, 6.5.0. SAMUEL PICKARD .8CDBBNLY dies at chapel hill home (Special to the Star.) CHAPE HILL, April 19.—Samuel M. Pickard died here today at the age of 68, being found dead in his bed at-7 o’clock in the morning. He came to Chapel Hill from Graham eight years ago and has been since then the *»ro nrietor of the Model Market. • For some time Mr. Pickard had been a sufferer from diabetes, but for the last few weeks had been feeling much better in consequence of special treat ment by a physician. Yesterday, how ever, lje complained of being worse, and did not sleep well during the night. Only an hour or so before the end came, his wife heard him stirring about in the room. TJie funeral aervices will be held to morrow afternoon at 4 o’clock in the Christian church, and will be immedi ately followed by the burial. Beyond the Bound* of Experimentation WHITE BOSE ant TIDAL WAVE FLO\’B Gilbert Grocery Co. Wl&olesale Grocers'.. ■ ' ^-'-——■ V. J. BROWN BUILDING CONTRACTOR • Telephone No. 892-3 . ...utifcuilJHifcH* £Laai Calco Automatic Drainage Gate Turns Swamp Land Into Farm Land Gate is absolutely automatic, permitting water to flow off your land but prevents *' flood or tide water from backing up on your land again* One plantation man writes that a Calco Gate converted 1,500 acres of worthless mosquito breeding swamp into produc- , tive farm land. WRITE DEPT. » FOR SPECIAL UTERATURE The Dixie Culvert & Metal Co. ATLANTA . GEORGIA Charlotte in Van of Labor Placements RALEIGH, April 19.—The Wilming ton employment bureau, with 130 per sons placed in positions, continued to lead all other offices in the state dur ing the week ending April 14, accord ing to the regular report of M. L. Ship man, commissioner of labor and print ing, made public tonight. Five hundred and fifty seven persons were given jobs during the week. • Charlotte, with 100 persons placed, and Winston-Salem, with 96. were sec ond and third, respectively. The full report follows: Male Registrations . 536 Requests for help .. 729 Referred . 543 Placed . 475 Fem. 184 82 110 82 Tot. 720 811 653 557 Skilled . 52 Unskilled . 351 Clerical and Professional . 57 Domestic .-. 56 Industrial .,. 1 Total . Asheville . Charlotte . Greensboro ... New Bern .... Raleigh . Wilmington . . Winston. Salem 1 Male Fem. 76 IS 94 6 27 15 43 6 34 12 123 7 778 18 475 82 557 Tot. 94 100 42 49 46 180 96 557 Totals ATLANTIC COAST LINE Depart. Arrlve< Effective Muck 1. 1923 •3:40 A.M. Raleigh <fc North • t:00A.M, 5:30 A.M.. .South & West.. 11:40 P.M. Sleeper to Columbia Open 10 P.M. 8:16 A.M..... North . 6:05 P.M. 8:30 A.M... Fayetteville .. 8:00 P.M. 8:30 P.M.. .South & West.. 12:50P.M, ' Sleeper to Atlanta 8:00 P.M.New Bern .... 12s40F.M. 3:30 P.M.... Southport ... 12:60 A.M. t6:30P.M.... Fayetteville .. .tll:06 A.M. 7:00 P.M. North . 9:45 A.M. Sleepers to Washington and Norfolk •Dally to Goldsboro, but does not run to Richmond and Norfolk Sunday, tTuesday, Thursday, Saturday only. For Information, Phone 160. SEABOARD AIR LINE Depart, Dnily. Arrlv* 4:00 A.M. Charlotte ....12:15 A.M. Sleeper to Charlotte Open 10 P.M. 8:10 AM. WR.-Ruth’fordton 5:35 P.M. 3:40 P.M. Charlotte ... .12:20 P.M. Parlor Car to Charlotte For Further Information, Phone 178 PfiONU COAL BmOKsi* i W. B. THORPE & CO. BDPPIiUtt' BLUE RIBBON SPRINGS “For Restful Sleep” W. MUNROE & CO. 15 S. Front Street “Four Money’s Worth Always” BRICK—LIME— CEMENT-SHINGLES Do not keep your men waiting for material, order from us and get prompt delivery Roger Moore’s Sons & Co* 125 Princess Street Telephone No. 154 AND SAFETY We have for sale a varied list of high-grade securities which we can recommend to Investors. We can invest for you any amount from $100 and upward at or near this rate of Interest. C. P. BOLLES & COMPANY Dealers In HIGH-GRADH SBCtJRITIBS Telephone 20. 006 Murchison Bank Bldg. Royal Electric Cleaner CITY ELECTRIC COMPANY 206 PHIHTCESS. PHOIVE 005 Statement of Condition of Tli3 Murchison National Bank ” ; ' Of Wilmington, N. C. At tltw Close of Business April 3,1923 , RESOURCES Loans and discounts .....• ••? 8,874,182.51 Customers’ liability acceptances ....... 300,000.00 U. S. bonds ............. ... 729,450.00 Banking building .. 368,600.00 Bonds and other securities.. . . .160,500.00, Cash and due by banks ”.--.. • • • • • • 3,494,160.55 TQTAL ......../... , • • • .$13,926,893.06 LIABILITIES Capital stock ...... ......,..$ 1,000,000.00^ Surplus and net profits ... • • 1,165,839.74 Reserved for taxes ......... • • • 65,293.11 Circulation .... 541,600.00 Acceptances . . . ... , 300,000.00 Rediscounts with federal reserve bank... 614,000.00 Deposits . 10,240,160.21 TOTAL .$13,926,893.06 /

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view