c
Ne ws of Markets—Cotton-Money-Grain-Stocks
, vnRK April 21.—The cotton
,.0„tinued nervousness today
e lie an early break into n
f,,r the movement on «•— -----
was followed by. sharp/allie^
ariifi r'rly break into new low
ld "' “for the movement on -old crop
ior i _ ,,_ikv oVio*»r» rfl.lliAift.
'•'“V fOllOWtiu
onths " ab fully maintained. July
-V were not tu y early decline and
L'Jit on the early'decline and
UkPAV'6 57 but closed at 26.25 or
to u•'•' J. 1. _ V. *- rpv, n. r-r r\\~t —
[llied
The gen
nff from the best. ---- _ —
; Puint;krt rlosed easy at net declines
ral mar...nn old crop positions.
- ^ mints on old crop positions.
■ 26 10 'no n s lower to five points
nd,Pr on the new crop months.
iUpr market opened steady at a de
Tne mara ,ntg on November, but
“ - __!„to loIrrVi ar r*n ofiV.
'of I
line ‘liv’s to 12 points higher on cov
tiiernhy ; J -~J-*
t V/ i1 * - •• o
mera“i - the week end, and scat
rinj ( Line promoted by sports of a
-red !S for cotton goods in the
‘'“-'market or talk of a firmer teehni
oea, m<! There was continued
al I"® . In- old crop longs, however,
<iul , , ,rket very soon weakened in
»>- nulr May sold off to 26.90 or
"nUquenre
lower, and the weakness
l’!’"1 Lir months pulled down *’
the re - 111, nntohpr
th
the
"■ '“'Uosi lions with October de
' 'l0, "i 76 and December to 23.30
"i"R( T oV' points below yesterday’s
21 ions. There was a good
T'nf mvertne on this break, however,
;a'nflocal brokers reported a more
lu , ‘ flo demand than previously
• £j\l’ 1 ' ‘ 1 . , _ x — — 4- a -3 n Mil ♦ V, *vi o «•_
... tr'tfli?
th decline started and the mar
“ tiffem- up during the middle of
\ possibility that a low
r would bring unsettled con
>rp”L over Texas before the re-open
' '"i the market on Monday morning,
T’h V promoted the rallywhich car
1 n, tober tin to 24.25 and December
Ur or about 20 to 29 points net
.-"r .,„d May also rallied quite
,, ;; v from the early decline. Except
,-overing and early trade buying
,,-is verv little support, however,
U, he "market weakened again late in
‘ morning with last prices, showing
Hnr.t of some 20 to 3a points from
i U’t The possibility of unsettled
VTti the southwest, over Sunday
" not vc. v clearly defined in the
Ti-,, „f local map readers. . Other
' weather conditions in the south
" ,-nnsidered favorable with the
'.‘L—t* pointing to clearing In the
■i after showers in some sections
'!fitoil’ futures closed steady.
High Low
.27.43
. . .26.57
TlllP,.24.25
:-™>’pr .
muary .-il-4s
26.60
26.06
23.76
23.30
23.07
Close
27.10
2625
23.95
'23.50
23.20
M.;\v ORLEANS COTTON.
MOW ORLEANS, April 21.—The first
> V of the session in cotton today
i-w-ht moderately wide declies as the
-ml of what appeared to be contin
of the selling movement of yes
.‘mu- The demand was good- soon
--'t.-r"the opening- and prices were put
'.‘■d i points higher than , the close, of
vfs'erday. hut this -s-light improvement
/•post immediately vanished In a slump
ahvii did not stop until the trading
months were 24 to 45 points under the
nse of yesterday. May fell off to 26.18
ind October to 23.08 cents a pound.
After the middle of the session the
tone for a while was much better,
mainly because of what most brokers
.ai,i was heavy covering-by large short
interests. This buying swept the mar
ket bare of contracts and put prices
higher than they were on the steady
a-mt of the early trading except on
Mav which came back tB the previous
M-h of 26.63. October‘ rose to 28.58.
Short* seemed to fear that Liverpool
would not make a full response Mon
(iav to the declien on this side, and in
addition there were cablegrams- from
Bremen reporting a better spot demand
and asking for firm offers. The Im
provement lasted until the trading
months were 4 to 21 points higher than
yesterday's lust quotations.
In tile "late trading, some of the
steadiness was again lost, apparently
.-I. expectations of better weather in
the western belt and the close was easy
6 points down to the 3 points up net of
the day May closing at 26.55 and Octo
ber at 24.40.
DAILY COTTON TABLE.
Port Movement.
New Orleans: Middling 27.25; receipts
701; exports 4*00; sales 202; stock 81,976.
Galveston: Receipts 1,665; stock 114,
'13,
.Mobile: Middling 27.25; stock 2,423. *
Savannah: Middling 27.50; receipts 3,
500; exports .1,320; stock 412,868.
Charleston: Receipts 120; stock 89,254.
Wilmington: Receipts 20; stock 10,767.
Texas City: Stock 612.
Norfolk: Middling 26.50; receipts 210;
'sports 1.700; stock 65,-658.
Baltimore: Stock 16,700.
Boston: Middling 27.60;. receipts 29;
stock 16.700.
Philadelphia: Stock 4,603.
Sew York: Middling 27.30; stock 58,
Minor ports: Receipts 1,677; exports
1-517; stock 7,042.
Total today: Receipts 7,928; exports.
5.597: stock 495,471.
Total for week: Receipts 7,92,8; ex
ports 5,59 7.
Total for season: Receipts • 6,427,150;
wpojts 4.055,855.
Interior Movement.
Houston: Middling 26.23; stock 93,819.
Memphis: Middling 128.60; receipts 1,
jw; shipments 1,420; sales 25; stock 78,
, Augusta: Middling 26.76; receipts 131;
shipments 329; sales 9; stock 88,268.
,ht. Louis: Middling 28.00; receipts 764;
Shipments 997; -stock 15,361.
Atlanta: Middling 27.00.
Little Rock: Middling 27.50; receipts
shipments 71; sales 445; stock 27,
jiontgomery: Middling 26.50.
total today: Receipts 2,460; shipments
”.-6‘: stock 247,983.
\KW YORK COTTON| LJCTTBR.
NEW YORK. April 21.—July ootton
,lu?. week high 28.45; low 2«.06; last
losing last week 28.88. Large
Pnnt cloth people bought 800,000 pieces
' Eooiis in the local dry goods market
at K) -^c (or 64x60 S 5.85 yard goods
'nich registers clearly that they think
, e Price level is most attractive as a
transaction of this size Has not been
Put through In a long time.
furthermore in the futures market
'Pinners appeared today as buyers, the
jjaavy sale which have ' taken place
nav<) liquidated the market thoroughly
Ipyiit for the May position and that
j h comu into Increase notice until and
including Wednesday which is first
notu-e day for delivery of May con*
tracts.
Malntainence of May premium has
''•cn a surprise recently because of the
'".s that the issuance of notices
""l ne heavy. If this takes place
Prompt stoppage of these notices will
>e necessary to continue that premium.
”,18 Problematical whether this will
:?ke place but aside from that feature
me entire market is in a better.,Hqui
uated condition than for a year and
■'ueh a situation makes for soundness
[“ prices of the best sort and lends the
outlook for steadier quotations with
mo Probability of a rise in prices, re
Uetn^ri *rom short covering and trade
Whue prjces today cloked lower than
^to-day the character of trade In the
f?,ar,?t •'■mows strong resistance to a
urthcr decline and with the evidence
''confidence being re-established per*,
nits a rational view of values whlonln
tends to the outlook for appre
[ ation of quotations July Liverpool
m,6,-vJ,on<iay 14.08.
URVIS BROTHERS AND COMPANY.
VT liberty bonds,
M:w YORK, April t21.—Liberty bonds
'mmng: 3%s. 101.6; second 4s, 87.9; first
’as 97.19; second 414s, 97.9; third 414s,
•«; fourth 414s, 97.20; victory *%• uh
«]ied, 100; United States treasury 4%s,
April-21.—With nearly 1,.
000,000 bushels estimated as having
)ee1n bought for shipment to Europe,
ana with bullish 'reports current as to
the seeding out look northwest, the
wheat market today took something of
an upturn in prices. The close was
unsettled, % to % cent net higher with
t0 1,25 and 1.22% to
1.22%. Corn finished % to % cent
lower, oata down % to % to % to %
and-provision off 2 to 8 cents.
High Low
WHEAT—
Open
Close
May
July .
Sept. .
CORN—
May ..
July .
Sept.
OATS—
May .
July .
Sept. .
LARD—
May .
July
RIBS—
May...
July .
1.25
1,22%
1.20%
1.23%
1.21%
1,19%
1.24’
1.22*
1,20
.78%
.80%
• 81%
.77%
.80
.80%
-.78%
:!o!
• 45%
*46 %
.44%
.44%
.45%
•44%
.44%
.45%
.44%
.11.10
.11.85
11.12
11.37
11.02
11.27
11.10
1135
9.92 9.95
9.92
9.92
SOUTHERN MILL STOCKS
Quoted by
R. S. DICKSON AND COMPANY.
Gastonia, N. CL—Greenville, S. C.
_ April 16, 1923
I Bid | Ask
Acme Spinning Co. . 1..,
Arcadia Mills ..
American Spinning Co.
Am. Yarn 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.
CabarruB Cotton Mills.
Cabarrus Cotton Mills, pfd....
Chadwick-Hos. Co. (par $25.)
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.
Crescent 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, pfd, (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. ..
Facolet Mfg. Co. pfd .
Pelser Mfg. Co....
Piedmont Mfg. Co. (S. C.)..,.
Perfection Spinning Co. ......
Poe, F. W. Mfg. Co.
Poinsett Mills .■.••
Priscilla Spinning Co.
Ranlo Mfg. Co. .
Rex Spinning Co. .. ..
Rex Spinning Co., pfd. ......
Riverside Mills (par $12.50)
Riverside and Dan River ....
Riverside and Dan River, pfd
Rowan Cotton Mills Co..
Roanoke Mills, 1st pfd.
Roanoke Mills, 2nd pfd ......
Rosemary pfd . ...
Rhyne-Houser Mfg. Co.
Saxon Mills .. . • • • • • • •.
Seminole Cotton Mills Co.
1141117%
325 _
290
121
106
131
120
230
296
126
108
135
65
65
91
255
305
121
100
153
138
106
21
105
225
93
106
145
16
101
134
120
142
102
120
86
97
121
70
71
93
124
106
155
22%
107
94
16%
109
80
18
97
94
15 0
151
85
116
103
163
110
116
82
128
138
135
210
150
49
154
161
15
104
107
225
100
145
101
255
159
100
180
240
102
105
165
150
165
93
285
101
160
145
89
66
112
191
137
135
144
104
124
100
| 52
83
19
99
96
155
95
106
171
112
69
138
50
16
109
250
100
102
195
161
145
123
97%
120
280
101
155
156
102
ISO
89
94
147
91
71
116
130
161
148
125
98%
126
285
158
134
130
.66
86
Sibley Mfj^ Co. (Ga.)
101
38
79
97
t58
17
100
Spartant -. _
Sterling Spinning Co.
Superior Yarn Mills ..
Stowe Spinning Co. ••••••••••
Toxaway Mills, (par $25.00) ..
Union Buffalo Mills ........ • •
Union Buffalo Muls, 1st pro ..
Union Buffalo Mills, 2nd pfd.
Victor-Monaghan Co. ..
Victor Monaghan Co. Pfd • •••
Victory Yarn Mills Co. .
Victory 8 per cent, pfd.
Ware Shoals Mfg. Co. ....
Watts Mills, 1st pfd.
Watts Mills, ptd. ........
Wlnget Yarn 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 quota
tions subject to change without notice.
314
103
104
103
100
99
98
118
110
65
182
134
110
100
37
78
96
67
115
112
97
103
220
I 10
124
154
165
146
148
180
825
107
101
100
122
186
136
232
101
130
80
lft 7
i4i
190
NEW YORK BONDS.
NEW YORK, April 21.—Marked
strength of foreign government Issues
efatured today's brief and compara
tlvely dull trading In bonds, Mexican
4s and 6s advanced on report* that ne
gotiations under way between the
fjnlted'sTates and the_ ^regongor^
unueu oiAtoo «***« —
ment are progress; ng
French Issues continued to show Im*
nmvement. franco-American 7%s ad
vancing1 and the other decuefl
the hifh marks established yesterday.
They reacted at the close. Chinese 6s
^United States jgoverninent bonds
$aW3»*MaEM3SU,3K
comparatively firm In auiet trading.
Punta Alegre Sugar 7s which lost
ground yesterday advanced.
Total sales, par value. 68.114.000.
; SILVER MARKET." . • '
NEW YORK, April 21.—Foreign bar
silver 86%; Mexican dollars 60%.
STOCKS
NEW YORK, April 21.r-Speculators
for the decline launched another at
tack on prices at the opening of today’s
stock market, forcing recession’s in a
number of industrial and railroad lead
ers. But good buying support made its
appearance at the lower levels and a
number of the early losses were modi
fied or entirely canceled.
There were no outside developments
to influence a resumption of selling
pressure, which was merely a continua
tion of that inspired by a number of
unfavorable Influences yesterday. Ex
tensive short covering operation set in
after the first hour and gave added im
petus to the moderate rally in the clos
ing dealings. ' |i
Speculative Interest was again at
tracted to the sugar shares on Himly’s
revised estimate, placing the Cuban
crop at 8,736,000 tons as against an ear
lier estimate of 4,102,857. Cuba cane
sugar preferred closed higher and
American and Cuban-American regis
tered gains. Pan-American oil issues
were strong on Mr. Doheney’s announc
ement of the projected development on
the''California naval reserve oil lands.'
The other moved within narrow and
Irregular limits. Steel shares had a
temporary sinking spell, but rallied
later. Some of other outstanding heavy
spots in the industrial list were Ameri
can Locomotive, Sugar Sumatra Tobac
co, General American Tank Car, Man
hattan Electrical Supply, Mathleson
Alkali, and Postum Cereal.
Investment rails, which previously
had offered good resistance to selling
pressure broke sharply on the absence
of sufficient buying support below cur
rent price levels. Louisville and Nash
ville, Illinois Central, Union Pacific,
Atlantic Coast Line, Frisco, and Chi
cago Northwestern5 closed below Fri
day’s closing levels.
Trading in foreign exchange was dull
with no important changes in rates.
Demand sterling eased slightly to
$4.65%. French francs held steady
around 6.65 cents and German marks
were suoted around .0087 cents.
Day’s total sales 611,300 shares.
Twenty industrials averaged 101.10;
net loss .28.
High 1923, 105,38; low 96.96.
Twenty railroads averaged 86.75; net
loss .60.
High 19?3, 90.68; low 84.53.
SEW YORK STOCK LIST.
Name.
(Hlghl Low
Allied Chem. and Dye
American Can .
Am. H. and L. pfd ..
Am. Inter. Corp.
Am. Locomotive . —
Am. Linseed.
Am. Smelt and Ref. .
Amerioan Sugar.
Am. Sumatra Tobacco
Am. Tel. and Tel.
Am. Woolen .. .
Anaconda Copper ...
Atch. T. and Santa Fe
Atlantic Coast Line .
Atl. Gulf and W. I. .
Baldwin Locomotive .
Baltimore and Ohio .
Bethlehem Steel ......
Canadian Pacific ....
Central Leather.
Chandler Motor .
Chesapeake and Ohio
Chic. Mil. and St. P. .
Chic. Rock I. and P. .
Chile Copper .. .
Coca Cola ..
Consolidated Gas ...
Consolidated Textile
Cosden and Company
Corn Products .
Crucible Steel.
Cuban Am. Sugar ..
Cuba Cane Sugar ..
Endlcott Johnion ..
Erie.
Famous P.-Lasky ..
General Asphalt ...
General Electric ...
General Motors .. .
Great Northern pfd
Gulf States Steel ..
Illinois Central ....
Inspiration Copper
Inter. Harvester . ..
Inter. Mere. Mar. pfd
International Paper
American Tobacco ,.
Chino Copper .
Kelly Springfield ..
Kennecott Copper ..
l^ouisville 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 Pacific .
Okla. Prod, and Ref.
Pacific Oil.
Pan-Am. Petroleum
Pennsylvania.
Pure Oil.
Republic I. and Steel
Reynolds Tobacco B.
Royal Dutch, N. Y.
St. L. and San Fran.
Seaboard Air Line pfd
Sears Roebuck ....
Sinclair Oil .. •
S.-Sheffield Steel .
Southern! Pacific ...
Southern Railway .
Southern Ry. pfd' .
Standard Oil of Cal.
Standard Oil of N. J.
Studebaker .
Tennessee Copper .
Texas Company ...
Texas and Pacific .
Tobacco Products, A
Transcontinental OH
Union Pacific.
United Retail Stores
U. S. Ind. Aloohol ..
U. S. Rubber.
U.,S. Steel .
Utah Copper .......
Virginia Caro. Ohem.
Western Union.
Westlnghouse Elec.
Vanadium.
78
96%
57%
29%
182%
83
64%
80%
29%
1122%
96
49
102%
117%
26%
138%
61%
64%
167
34%
70
70
23
33%
28
76%
66%
10%.
63%
130%
79%
35%
17
72
12
86%
45%
179
16%
73%
96%
113%
88%
88%
34%
44%
153
27%
68%
40%
12%
96%
57%
28%
132
32%
62%
78%
28%
122%
95%
48%
101%
116%
24%
137%
51
64
165%
83%
69%
69%
22%
82%
27%
76%
65%
10%
62%
128%
78%
35%
16%
71%
11%
86%
45
178%
16
73%
95%
112
38
87%
35%
43%
152%
27
50%
40%
140% 140%
| 111 ' 11
32% I 31%
13%
16%
93%
18%
111
74%
3%
39%
70
45%
26%
76
61
64
60%
22 %
12%
85
32%
56%
89%
32%
66%
50%
88%
120%
11*
48
25%
83%
10
137%
80%
65%
59%
104%
70
14%
112
57%
33
14
16%
94%
19
111
76
8%
89%
72%
45%
27
76%
62%
64%
60%
23%
12%
85%
33%.
65%
90%
33%
67
61
38%
121%
11
48%
25%
83%
10%
138%
81%'
66%
60%
105%
70%
16
112%
67%
38%
fLast
73%
05%
67%
28%
132
32%
64%
80
28%
122%
95%
48%
102%
116%
25
138%
51%
64%
157
34
69%
69%
23
33
28
76%
65%
10%
52%
130%
79%
35%
16%
n
u%
86%
45%
178%
16%
73%
96
112
38
88%
34%
44
153
27%
58%
40%
140%
|U"
32%
13%
16%
93%
19
111
74%
3%
39%
71%
45%
26%
'76%
62
64%
50%
22%
12%
85%
33%
66%.
90%
33%
66%
50%
38%
121%
11
48%
25%
83%
10%
138
81
66
59%
105%
70%
14%
112
67%
88%
CHICAGO LIVESTOCK*
CHICAGO, April 21.—Hogs: Receipt*
7,000: butohers around steady; lights
opened steady, closed mostly 10 cents
lower: bulk 160 to 210 pound average,
8.10 to 8.80: early top 8.40; 226 to"325
pound butchers 7.80 to 8.16: packing
sows unevently lower: mostly 6.60 to
6 70; few roughs around 6.26; pigs
steady to 26 cents lower: estimated
holdover 8,000; medium hogs, packing
sows, rought 6.16 to 6.66; killing pigs
6.60 to 7.857
CATTLE: Receipts 600; compared'
week ago, beef steers and yearlings 16
to 26 cents higher, all grades yearlings
showing full advance; extreme top ma
tured steers 10.85; best yearlings. 10.10;
mixed steer* and heifers 9.90; beef cows
and heifers 15 to 40 cents higher; can
ners, cutters and Stockers and .feeders
steady to unevenly lower; bulls 25 high
er; veal calves 50 to 76 cents higher;
week’s bulk prices follow: Beef steers
886 to 9.65; stookers and feeders 6.60
to 7 76; beef cows and- heifers 6.76 to
7,86; canners and cutters 3.25 to 4.00;
veal calves 8.00 to 8.76.
SHEEP: Receipts 4,000. Today’s run
most direct; compared week ago lambs
steady to weak; agdd stock steady to 26
lower; heavy kinds off most weeks ex
theme top old • crop lamb® 14.60; bulk
light weight 14.26 to 14.60; clipped
lambs mostly 10.75 to 11760; choice
handyweights up to 210, clipped de
scription 7725 to 8.00; aged wooled
wethers 8.00 to 9.00; clipped kind 7.00
to 8.40; few loads feeding and shearing
lambs 13.00 " to 14.00 mostly.
tvavalstob.es market.
JACKSONVILLE, Fla., April 21.—Tur
pentine nominal 1.40; sales 1; receipts
yenuuq - —
461; shipments 129; stock 8,.
Rosin, sales 1258; receipts 1.757; ship
ments 7,329; stock 118f487.
Quote: IT to E, 6.05; F to K, 6.10; M,
6.15; N, 6.30; WO, 5.60; W, 6.60.
COFFEE MARKET.
NEW TORK, April 21.—Spot coffee
steady; Rio 7s UK t« 11%; Santos 4s
14% to 16%. ' , ' * ,
> t r<■
•i
U. s. DEPARTMENT AGRICULTURE
WEATHER BUREAU
Wilmington. N. C., April 21. 1923.
Meteorological aata for the 2* hours
ending 8.90 p. m. yesterday.
Humidity Reoord.
Dry Wet Relative
bulb bulb humidity
temp, terns, per cent
8:00 a. m. 65 62 85
12:00 noon. 76 66 58
8:00 p.m.... 68 83 76'.
Temperature: Maximum, 78j mini*
mum. 58: mean, 68.
Rainfall: Total for the Bay, .00; total
elnde first of the month, 6.08.
Sun rises .>..6:82 a m.
Sun sets ....6:48 p. m.
Tide Table.
Htek,
Wilmington .'.12:03 Am.
" . 2:28 pjm.
Masonboro Inlet ..ll:36a_m.
Low.
9:60 am.
9:07 p.m.
6:03 a.m.
6:07 p.m.
Stage of river at Fayetteville at 8
a. m. yesterday, 10.2 feet, falling.
WEATHER BUREAU REPORTS.
STATIONS—
Temperature:
U
fs.
h
wo
35
>3
M
■S55
«<..
S3
Asheville .clearl
Atlanta.clear
Birmingham —clear
Boston .clear
Charleston ..pt cldy
Charlotte .clear
3alveston .clear
Jacksonville ...clear
Memphis .clear
N. Orleans . . .pt cldy
New York ... .cloudy
Raleigh .pt cldy
Savannah.clear
St. Louis .clear
Washington ...clear
78
74
SO
88.
80
76
74
82
68
84
84
78
78
66
84
48
66
64
62
68
66
64
66
64
60
60
64
60
60
-V1
Oh
?"
.00
.02
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
NEW YORK BONDS.
Foreign Bonds.
Argentine 7s .
Domin. of Canada 5%s, 1926.
French Republic 7%s .
Kingdom of Belgium 7%s .
Kingdom of Denmark 6s'.
Swiss Confederation 8s ...
Un. King of G. B. and I. 5%s, 1987
U. S. of Brazil 8s.. • ■
U. S. of Mexico 5s.
102%
101%
95
101%
97%
118%
104
96
65%
Railway and Miscellaneous Bonds.
101%
88
102%
115%
American Agric. Chem. 7%s
American Smelt, and Ref.,5s
American Sugar 6s .. .....
American Tel. and Tel. cv. 6s
Atchisop gen. 4s.
Atlantic Coast Line 1st 4s .
Baltimore and Ohio cv. 4%s
Bethlehem Steel ref. 5s ....
Central Leather 6s ..
Chesapeake and Ohio- cv. 5s
Chicago, B. and Quincy ref. 5a
Chic., Mil. and St. P. cv. 4%s
Chic., R. X. and Pac. ref. 4s ...
Chile Copper 6s .. 100%
Colorado and Southern ref. 4%s.. s83
Erie gen. 4s.. .......... 45%
Goodyear Tire 8s, 1931,. 103%
Int. Mer. Marine 6s .. ... 87
Kans. City Southern ref. 5s .... 85
Kelly-Springfleld Tire 8s ...... 109%
115%
86%
85%
79%
93 .
98%
88%
98%
66
77%
103%
78%
67%
103
100
83%
90%
72%
63%
93
I.ouisvllle and Nash. ref. 5%s
Mo. Kan. and Tex. pr. lien 5s
Missouri Pac. gen. 4s .
New York Central deb. 6s .....
Pennsylvania gen. 6s .
Reading gen. 4s ..
Republic Iron and Steel 5s ..
St. L. and San Fran. adj. 6s ....
Seaboard Air Line con. 6s ....
Southern Bell Tel. 5s ........
Southern Paclflo cv. 4s. 91%
Southern Railway 5s. 94%
Southern Railway 6%s . 101
Union Pacific 4s '. 90
U. S. Steel 5s . 101%
Virginia Caro. Chem. 7%s . 84%
Wabash 1st 6s. 95%
Wilson and Co. 7%s. 100
Seaboard Air Line 5s ...... — * 31%
Southern Railway ts . 66%
WEEKLY COTTON LETTER
NEW YORK, April 21.—The cotton
market had been extremely nervous
and unsettled" during the past week.
Declines resulting from the liquida
tion of old long lines owing to disap
pointment over the failure of competi
tion to develop for remaining old
crop supplies were followed by rallies
during the middle of the week on
covering by near month shorts. This
demand was supplied before the close
bn Wednesday, however, and the mar
ket weakened again later in the week,
owing to a renewal of mo>e or less
general liquidation, promoted by more
favorable weather conditions in the
south, complaints of a continued poor
demand for cotton goods, and reports
on a continued slack spot demand.
There also seemed to be a great
deal of nervousness over such develop
ments as the government’s action
against sugar futures which was sup
posed to involve questions of'funda
mental importance to all futures mar
kets, and the department of commerce
warnings against over-inflation. Old
crop months were particularly weak
during today’s trading and may con
tracts which had sold as high as 31.69
on the advaijpe duxlng the middle of
last montk. broke to 26.96 this afr
ternoon, or 463 points below the recent
high reoord and more than a cent be
low the closing quotation of Thurs
day. New crop months were less ac
tive and relatively steadier owing to
the wet weather in the southwest, but
October sold off to 28.76, or 846 points
below the high price of last month.
Some trade buying was reported dur
ing the progress of the break, but It
was not particularly active, and the'
action of today’s market was quits
generally regarded by local brokers
as indicating the abandonment of the
old bull position. May contracts, how
ever, maintained a premium over July,
probably reflecting the strong statisti
cal position which some traders feel
Would reassert itself as a .market fac
tor should there be any serious aniety
over the new crop start.1 The report
of the department a agriculture point
ing to an increase of about-12 per
cent in acreage was a shade above the
average of recent private" reports, and
may have contributed -to the end-week
break, although it was not bo much
discussed as complaints of a poor spot
demand and the apparent discourage
ment of; the old crop long interests
Fall River sales of prlnts for the week
were estimated at oniyi 85,000 pieces.
COTTONSEED OIL.
NEW YORK, April 21.—Cottonseed oil
dosed' weak. Prime summer yellow
11.36 to 11.70: prime crude 10.00 asked.
April 11.36; May 11.26; June 11.81;.July
11.38; August 11.36; September 11.26;
October 10.18; November 9.20. Sales
iL9l£ -barrels.
— A
Shipping News
Str. Ansaldo VII, (Ital.), Alexander
Sprunt and Sons.
Str. Santurce, (Am.), Helde and com
pany.
Sohr, Wilbert S. Bartlett, (Ala.), 643
tons, C. D. Maffltt and company.
Str. Helmer Moerch, (Dan.), Helde
and company.
ARRIVED.
Str. Helmer Moerch, (Dan.), Aalborg,
Denmark, with cargo of cement for
Southern Power company.
SAILED.
Str. Glyndon, (Am.), In ballast -for
Mobile, Ala.
Wilmington Markets
PEANUTS.
Prices paid producers:
NORTH CAROLINA—New crop, $1.85
to $1.80.
0 $1.80. .
VIRGINIA—New crop, {1.00 to $1.10.
VIRGINIA JUMBOS—$1.10 to $1.20.
WHITE SPANISH—$2.00.
RED SPANISH—$1.80 to $2.00.
PRODUCE.
CORN—$1.10%. '
BEEF—9 to 10 cents.
VEAL—10 to 12 cents.
PIG PORK—Small 14 to 15 cents;
large 10 cents.
N. C. BACON—Hams 24 to 26 cents;
sides and shoulders 14 to 15 cents.
TALLOW—Cakes, 5 cents.
BEESWAX—20 cents,
v HIDES—6 to 7 cents.
EGGS—22 oents, very dull.
m CHICKENS—Fall 25 cents; spring 35
”ents; hens 25 cents; old roosters, dull,
15 cents.
BUTTER—25 to SO cents.
IRISH POTATOES—$S.25 to $3.50 a
bag.
SWEET POTATOES—55 to 60 cents
bushel.
NATAL STORE8.
SPIRITS TURPENTINE—Nothing do
^flOSIN—‘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 LIVESTOCK.
RICHMOND, April 20.—Cattle! Supply
light and market active; strictly good
steers 8.50 to 9.00; medium to good
steers 8.00 to 8.50; common to medium
steers 6.60 to 7.50; 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 5.50 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 8.50; medium to good
heifers 7.25 to 8.00; common to medium
heifers 6.50 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 corn fed hogs S.50 to 8.00;
good oorn fed pigs and shoats
8.0Q to 8.50.
Good lambs 14.00- to 15.00; medium
lambs 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.
FOREIGN EXCHANGE.
NEW YORK, April 21.—Foreign ex
change irregular: Quotations In cents:
Great Britain, demand 4.65%; cables
4.65%; 60-day bill® on banks 4.63%;
France, demand 6.65%; cables 6.66;
Italy, demand 4.95%; cables 4.96; Bel
gium, demand 6.74%; cables 5.75; Ger
many, demand .0037%; cables .0038;
Holland, demand 39.09; cables 39.12;
Norway, demand 17.90; Sweden, demand
26.71; Denmark, demand 18.86;-Switzer
land, demand 18.15; Spain, demand 15.32;
Greece, demand 1.18; Poland, demand
.0021; Czeclio-Slovakia 2.97; Argentine,
demand 36.62; Brazil, demand 10.87;
Montreal 9S 1-16.
Your home in flames
will mean.a loss, un
less you have been
wise and fully cov
ered its value with
fire insurance. Pace
this fact today, Mr.
Home. Owner: Are
you taking a chance,
or are you wise?
‘Think of the Future’
Ph«**e Oil
FIRE _ LIABILITY — BONDS
Transfer—Day or Nlarht Serrioe
CITY TAXICAB COMPANY
Phone 15
David S. Oliver
INSURANCE
Life, Non-Cancellable Disability,
■ ’ Auto Liability
604 Murchison Bids,—Phone 840
The Beat Companies, the Lopeat
Net Cost, Service
*- ■ " .
GOAL
PHONE
T80
BUILDhuZS’ SUPPLIES
W. B. THORPE & CO.
BLUE RIBBON SPRINGS
“For Restful Sleep*'
W. MUNROE & CO,
15 ». Frost Street
"Your Money’* Wort* Alway*”
V '; :’g ■,
ORVIS BROTHERS & CO.
ESTABLISHED 1872
60 Bwodmy New York
Cotton - Cottonseed Oil - Stocks - Grain
Telegraph 1 Western Union Orris PX, NY
Address J Postal - - Orvis KX, NY
When you have ordere to place, open an account with at., .
MEMBERS
JV. T. Cotton Exchange JV. O. Cotton Exchange
N. Y. Stock Exchange Chicago Board of Trade
N. Y. Produce Exchange Philadelphia Stock Exdmnge
N. Y. Coffee & Sugar Exchange, Inc.
DRY GOODS MARKET.
NEW YORK, April 21.—Proitners to
day named new prices on prints on
percales for May,June and July delivery
on the basis of 15 cents for 4-4, 94x60,s
continuing the old spring basis into
fall. Business was active. About 400,
000 pieces of wide print cloths were
bought for future delivery at 10% cents
for 4-4, 64x60’s, and 12 cents for 68x72’s,
the lowest prices since January. Knit
goods were quiet. Silks showed little
change. Dress goods for a fancy char
acter sold well, while staples were
quiet. Linens were firm.' Jobbers re
ported/a moderate business. Retail
trade was quickened by warm weather.
/ NEW ORLEANS SPOT.
NEW ORLEANS, April 21.—Spot cot
ton quiet, 25 points lower; sales on
the spot \202 bales, to arrive none. Low
middling 26.60; middling 27.25; good
middling 27.75.
Our biggest dirigible flew 600 miles
without an accident, unless this was
an accident.
CAROLINA ENGINEERING
COMPANY
Civil and Sanitary
Engineers
flewers, Waterworks, Paving,
Highways, Drainage, Railways.
412-413 Sonthern Building
. Wilmington, N. C.
" ■ —-*
ATLANTIC COAST LINE
Depart. Arrive.
Effective March 1. 1023
•3:40 A.M. Raleigh & North • 1:00 A.M.
5:30 A.M.. .South & West.. 11:40 P.M.
Sleeper to Columbia Open 10 P.M.
8:15 A.M. North . 6:05 P.M.
8:30 A.M... Fayetteville ;. 8:00 P.M.
3:30 P.M.. .South & West.. 12:50 P.M.
Sleeper to Atlanta
3:00 P.M.New Bern .... 12:40 P.M.
3:30 P.M.. .. Southport — 12:50 A.M.
f6:30P.M.... Fayetteville .. .fll:05 A.M.
7:00 P.M. North . 9:45 A.M.
Sleepers to Washington and Norfolk
•Daily to Goldsboro, but does not run
to Richmond and Norfolk Sunday.
■fTuesday, Thursday, Saturday only.
For Information, Phone 160.
SEABOARD AIR LINE
Depart. Dally. Arrive
4:00 A.M. Charlotte ....12:15 A.M.
Sieeper to Charlotte Open 10 P.M.
8:10 A.M. Wil.-Ruth’fordton 5:86 P.M.
3:40 P.M..... Charlotte ....12:20 P.M.
Parlor Car to Charlotte
I For Further Information, Phone 178
. Auction, Auction!
Have too made your Ml on the Hit
COLUMBIA GRAFONOLA In an
window t
GREEN’S
DRUG STORE
108> Market St. TthfkMt 101
Now Is thie Time to
Build!
In one’s life there are certain pe
riods when one does the right thing
at the right time—and now is the
right time to build your own home.
Juet what the future will bring we
can not predict, but from present
conditions It looks as If building
costs are certain to Increase. That’a>
why you should start building atJ
once.
For I.umber and Building
Materials of All
Klnda
STIVER LUMBER
COSIPANY
SIXTH AND CAMPBELL STS. I
Phono 1658-W
11HI ii mmq
USE STAR WANT ADS
W. B. THORPE & CO.
Dealers in
Cement, Lime, Plaster, Shingles, Laths
and General Builder’s Supplies
Hard, Steam and Domestic Coal
C/'/ce anu Warehouse, Corner Water and Ann Sts.
FISH SCRAP
FERTILIZERS
Special Fertilizers for Tobacco and Cotton
, N. B. JOSfiY GUANO COMPANY
Wilmington, N. C. Tarboro, ft. C.
Statement of Condition of
The Murchison National Bank
V
Of Wilmington, N. C.
At thv Close of Business April 3,1923
RESOURCES • '
Loans and discounts .....$ 8,874,182.51
Customers’ liability acceptances-... 800,000.00
U. S. bonder.......-....... * 729,460.00
Banking building .,. 868,600.00
Bonds and'Other securities.. .. 160,500.00
Cash and due by banks .j,.............. 3,494,160.55
TOTAL
..., . .$18,926,893.06
•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 ....'.. 800,000.00
Rediscounts with federal reserve bank. .. 614,000.00
Deposits •............. *», * • a* • • • • 10,240,160.21
TOTAL .
.,.__$13,928,893.06
'•V
• -V VKfe..