Newspapers / Wilmington Morning Star (Wilmington, … / April 26, 1923, edition 1 / Page 14
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News of Markets—Cotton-Money-Grain-Stocks * - .. - - ■ g COTTON NEW YOftK, April 25.—The promp stcipping of May notices and reports of very unfavorable weather for the new crop start in the southwest caus ed an excited advance In the cotton market today! Old crop months solu approximately a cent above ^contracts quotations of yesterday. May contracts hlgher^and 1 J^nff apound above"the low level of late, last week That delivery closed at 2S.75 vntn in general market dosing barely steady at net advances of 42 to 91 points. ™ market opened firm at an advance of G to 38 points on relatively steady ca bles. and unfavorable weather map and reports of an improving spot demand in the south. There was some scatter ing near, month liquidation owing to the issuance of notices against M y contracts representing 7,600 bales, dui trade in this were good hjjy®™. and the market became firmer r® ports that they were prepared to take on deliveries. May was a little more lreely offered when it reached a preni tum of 100 points over July and after showing net advances of about 40 to 63 nnhits late in the morning, prices re acted several points' under realizing. Trade interests continued lb“>'*n®n °n this decline, however, and the mar-, ket firmed up again during the after noonon bullish southern spot advances, the detailed weather report showing heavy rains in Texas, and, °kl,aho“^ and private reports of floods aoing tne Trinity river in Texas. Sherts seemed to become very ner vous on an idea that unfavorable crop reports were stimulating demand for both futures and spot and the market reached the highest prices of the day in the late trading with July selling at 27.90 and October at 26.30. At these prices the market showed net advances of 98 to 109 points on the old crop and off 58 to 71 points on the new. The close was 15 to 20 points' off from the best under realigns. Nervousness over the new crop report was prob ably by unfavorable features in the week’s reports of the weathe^bureau.^ May .. July .27.90 October.24.77 December .24.77 January .24.4S 28.15 27.10 24.76 24.25 24.00 28.75 27.57 25.10 24.60 24.32 VEW ORLEANS COTTON. NEW ORLEANS. April 25.—First no lice day for the Jlay position brought no tenders with it, in the local cotton in a elect today, and prices were higher from trie opening in consequence. Re ports of a still better spot dertiand and the further unfavorable weather in Lhe belt were supports of the strong est kind and the market went to it* highest in the afternoon following pri vate messages1 from Texas telling of rains heavy enough to cause serious and damaging overflows along some river systems. Highest prices came late in the day when May reached up to 28.07 cents a pound and the active months were at gains of 78 to 104 points; old crops were stronger than the new. October traded up to 24.(7 at its best. The close was at net gains of 62 to 90 points with May at 27.88 and October at 24.58. Much better cables than due and the wet weather map heldped to cause the ■higher opening. Not a single May no tice appeared in this market and re port* from New York,- estimating May tenders there at only 8.000 bales, in creased the effect of the lack of ten ders here. The forecast for the west ern belt was unfavorable predicting more unsettled weather and increased the uneasiness of shorts but short cov ering did not reach its largest propor tions until around and after mid-ses sion. when Texas was wiring in Its most alarming reports. The weekly crop returns from the government were hardly as unfavorable as expected but they were entirely off set by the daily weather returns from Texas where, out of 49 weather sta tions reporting, 43 were wet. High Low Close May...28.07 27.25 27.92 July.. ..27.80 27.00 27.62 Oct.24.77 24.15 24.58 Dec.24.32 23.76 24.16 Jan. 23.98 23.60 23.99 DAIL COTTON TABLE. Port Movement. New Orleans: Middling 28.26; receipts 1.025; exports 5,825; sales 1,798; stock 130,229. Galveston: Middling 28.50; receipts 1.596; exports 4,635; sales 1,250; stock 107,169. Mobile: Middling 28.00; stock 2,420. Savannah; Middling 27.75; receipts 1, )98; stock 39,221. Charleston: Receipts 59; stook 40,652. Wilmington: Receipts 101; stock 11, 164. Norfolk: Middling 27.88: receipts 103; ^ales 164; stock 64,078. Boston: Middling 28.05; receipts 1,019; stock 11,600. Philadelphia: Stock 4,603. New York: Middling 29.00; stock 68, 714. Minor ports: Stock 7,042. Total today: Receipts 5,401; exports 10,460; stock 480,051. Total for week: Receipts 27,477; ex ports 26,597. Total for. season: Receipts 5,443,699; ■ xports 4,076,887. Interior Movement. Houston: Middling 28.55; receipts 876; shipments 1.298; sales 2,579; stock 91, + 13. * Memphis: Middling 28.76; receipts 1, 210; shipments 1,190; sales 500; stock 78,654. Augusta; Middling 28.25; receipts 136; shipments 260; stock 32,816. St. Louis: Middling 28.00; receipts 915; shipments 915; stock 15,155. '.Atlanta: Middling 28.30. . Little Rock: Middling 28.00; receipts 152; shipments 1,045; sales 200; stock 26.745. Dallas: Middling 27.50; sales 37. Montgomery: Middling 27.75; sales 105. Total today: Receipts 2,987; ship ments 4,698; stock 214,783. CHICAGO LIVESTOCK. CHICAGO, April 25.—Cattle: Receipt* 11,000; beef Bteers and yearlings un even arid about steady; spots weak to 15 lower; plain light yearlings and beef heifers reflecting most declines; top Bteers 10.26 weight 1,498 pounds; several loads 9.85 to 10.15; best year lings 10.10; yearlings and lights num erous; bulk 8.25 to 9.65; bulls steady to weak; she stock Stockers and feeders and veal calves generally Bteady; bulk desirable vealers to packers 8.00 to 8.60; few 8.76 to 9.00; few choice shipping vealers 9.50 to 10.00; bulk bologna bulls 5.15 to 5.25; few heavies 5.35 to 5.40; bulk beef heifers 6.76 to 7.65. HOGS: Receipts 22,000 slow uneven; light hogs mostly 10 to 15 lower; butch ers steady to 10 lower; bulk 170 to 210 pounds 7.B5 to 8.10; top 8.10; 225 to 325 pound butchers 7.60 to 7.90; packing sows mostly (LIO to 6.40; provisions dull; unevenly lower; desirable 100 to 130 pounds weight 6.50 to 7.26; estimat ed holdover 11,000. SHEEP: Receipts 13,000; lambs slow steady to weak:'top wooled 16.00; sev eral loads unsold.at .noon; Navajo de scription 13.75 to 13.85; best clipped lambs 12.40; bulk 11.25 to 12.00; heavy clipped lambs mostly 10.15 to 10,35; few native spring lambs 15.00; sheep about steady; clipped 104 pound ewes 7.00; medium wooled ewes up to 8.75. LIBERTY BONDS NEW YORE, April 25.—United State* government bonds closing, steady. Lib erty 3 l-2s, 101.12; first 4s, 97.00 bid; second 4S, 97.00 bid; first 1 1-4*, 97.70; second. 97.20, third, 97.30', fburth, 97.10; uncalled victory 4 3-4S, 100.00; United States government * l-4s,;93.1l GRAIN CHICAGO, April 25.—Export business totalling more than 1,000,000 bushels gave a lift today to the price of wheat, and so likewise did talk of direct nego tiations between France and Germany. The close was unsettled, % to 114 cents higher, with May 1.2614 to 1.2614 and July 1.24% to 1.24%. Corn finished % to 1% up. and oats % to % to 14. In provisions the outcome was a setback ranging from 7 to 12 cents. WHEAT— Open High Low Close May . .. 1.25% 1.26% 1.25% 1.26% 1.23% 1.24% 1.23 1J24% 1.21% 1.23% 1.20% 1.20% July . Sept. . CORN May . July . Sept. . OATS May . Jury . Sept. . LARD— May . July . RIBS— May . July . .80% .82% .82 .45% .46 .44% 11.15 11.40 9.65 10.00 .81% -83% • 83% .45% .46% •45% 11.17 11.42 9.66 10.00 .79% .82 .82 .45% .46 .44% 11.10 11.37 9.57 5.90 .81 .83% .83 , -4F% .46% •45% 11.10 11.37 9.60 9.90 SOUTHERN MILL STOCKS Quoted by R. S. DICKSON AND COMPANY. Gastonia, N. C.—Greenville, S. C. __ April. 16. 1923 j J3ia ( Asa Acme Spinning Co. Arcadia Mills . American Spinning Co. Am. Tarn and Pro’ing Co. .. Am. Yarn and Pro’ing pfd .. Anderson Cotton Mills .... Arlington Cotton Mills - Aragon Cotton Mills (S. C.) Arcade Cotton Mills 296 126 108 135 ,. *97 Arrow Mills .|.... 121 -- 70 71 93 114^117% 32 290 124 106 131 120 230 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.... Chadwiek-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 65 65 91 255 205 121 109 153 138 106 21 105 225 93 106 145 15 101 134 120 142 102 120 86 124 106 155 22% 1,0V ”94 16% 'ioi 137 135 144 104 124 100 Dunean Mills .|....| 52 S3 19 99 96 155 Dunean Mills, pfd Durham Hosiery pfd . Durham Hosiery "B” . Eastern Mfg. Co. Eagle Yarn Mills . Eagle and Phoenix (Ga.) ... Efird Mfg. Co. Enterprise Mfg. Co. (Ga.)... Erwin Cotton Mills Co. » .. .. Erwin Cotton Mills Co.,'TJfd . Flint Mfg. Co. Gaffney Mfg. Co. Gibson Mfg. Co. Globe Yarn Mills (X. C.) ... Gray Mfg. Co. Glenwood Cotton Mills . Gluck Mills ..". Greenwood Cotton Mills. Grendel Mills . Grendel Mills, pfd. (par $50). Graniteville Mfg. Co. Hamrick Mills . . . i. Hanes. P. H. Knitting Co. . .. Hanes, P. 11. Knitting Co., pfd Henrietta pfo .. .,. 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 Mill3 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. Mooresville . National Yarn Mill . Newberry Cotton Mills . Orr Cotton Mills . Orr Cotton Alills, 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. Ranlo Mfg. Co. .. Rex Spinning Co. Rex Spinning Co., pfd. Riverside Mills (par $12.60) 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. Sibley Mfg. Co. (Ga.) . Spartant Mills. Sterling Spinning Co. Superior Yarn Mills. Stowe Spinning Co. Toxaway Mills, (par $25.00) .. Union Bltffalo Mills. Union Buffalo Muls, 1st pfd . . 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. 109 80 18 97 94 150 151 85 116 103 165 110 115 62 128 138 135 210 150 49 154 161 15 104 107 225 100 145 101 255 159 100 180 240 95 i06 171 112 69 138 50 16 109 250 100 102 195 102 105 165 150 165 93 285 101 160 145 89k 66 112 16 145 123 97% 120 280 101 155 156 102 130 94 89 314 103 104 103 100 99 98 118 110 65 182 134 110 10a 37 78 96 67 115 J12 97 103 220 147 91 71 116 130 161 148 125 98% 126 285 158 134 130 66 " 86 Watts Mills, 1st pfd .I 10 Watts Mills, 2nd pfd. 124 Winget 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 whkih we can sell. All quota tions subject to change without notice. 164 165 146 143 180 825 ioi 101 100 122 186 136 ioi 38 79 97 58 117 ioo 232 101 130 80 147 146 190 NEW YORK BONDS. NEW YORK, April 25.—There was noticeable heaviness In the dealings In bonds today with the exception of the foreign Issues, which showed moderate strength on Increased demand for the French bonds. City of Solssons 6s, jumped 4 points at onne time and closed up 2 points. The demand covered not only the French government issues but these of provincial and municipal govern ments as well, practically all»of which were fractionally higher on the day. Serbian 8s Were carried up l%s points and Czecho Slavakian 8s also registered a gain of 1%. United States govern ment bonds were slightly reactionary, small losses being registered by all the aotlve issues with the exception of the victory 4%s which were unchanged. Heaviness was apparent in both the railroad and industrial groups, New Haven 6s and "Soo” 6%s, declined a point and Donned Steel 7s recorded a similar drop. Total sales, par value, were |10,463,000. SPOT COFFEE. NEW YORK, April 25.—Spot coffee quiet; Rio 7s 11% to %. Santos 4s *4% to 15%. Raw'sugar firm; spot Cxibas 8.41 for centrifugal. Refined firmer; fine gran ulated. 10 to-10.25 . STOCKS ' NEW YORK, April 25.—Prices in to day’s stock market followed their re cent uneven and irregular course with a slightly larger and more diversified turn over. A majority of the stocks were moderately higher at the opening, steels particiularly responding to the excellent quarterly earnings statement of the United States Steel corporation. Quoted values were shaded somewhat at midday when the selling pressure was most effective, but rallied before the close. Average prices at the close were somewhat higher than they were at yesterday’s close and there was evi dence of a good undertone throughout the day, most stocks offering stiff re sistance to efforts of bear traders to force prices down. Higher prices for sugar, cotton, and coffee undoubtedly had a steadying effect on stock prices. The steel shares, which showed strength during most of the trading, tapered off at the close on profit-tak ing sales but still were above yester day’s closing prices at the end. United States Steel common again crossed 106 but failed to maintain the advantage and the final sale was at 105 V4. where it was up % on the day. Bethlehem and republic steels both closed a point higher. Profit taking sales also cut down the oils, most of which registered advances in the early trading only to deoline on later sales. Pan-American after gain ing, clqsed unchanged, while most of the others were oft on the day. Ameri can car advanced and American Loco motive was up. The rails were quiet, Louisville and Nashville up, being the only outstanding strong spot. There was evident a demand for the food and sugar shares throughout the day, gains being recorded by Corn Products, American Sugar, Cuban American Sugar, Manati and Beechnut Packing. The shipping stocks were heavy on reports of a dock strike, marine pre ferred, Atlantic Gulf, United Fruit aiqi American International declining. Call money remained unchanged. Time money was somewhat easier. The commercial paper market was moder ately active. Foreign exchanges were, irregular. Demand sterling was easier, French francs continued their improvement. German marks were firmer, advancing. Cable reports of bank difficulties in Christiana caused a sharp break in Norwegian exchange. Financial: Day’s total sales 692,300 shares. Twenty industrials averaged 101.36: net gain .28. High 1923, 105.3S; low 96.96. Twenty railroads averaged 86.76; net gain .09. High 1923, 90.63: low 84.53. JfEW YORK STOCK CIST. Name. IHighi Low ! Last Allied Chem. and Dye Am. Beet Sugar. American Can. Am. Car and Foundry Am. H. and L. pfd Am. Inter. Corp. Am. Locomotive . 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 .. Atl. Gulf and W. I. Baldwin Locomotive .. Baltttnore and Ohio .. Canadian Pacific . Central Leather . Chandler Motor . 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. Endicott Johnson Erie. Famous P.-Lasky .... General Asphalt . — General Electric . General Motors . Great Northern pfd .. Gulf States Steel. Illinois Central . Inter. Harvester. Inter. Merc. Mar. pfd. . International Paper .. Chino Copper . Miami Copper. Kennecott Copper 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 Pacific . Okla. Prod, and Ref. .. Pacific Oil. Pan-Am. Petroleum .. Pennsylvania . Pure Oil. Reading . Republic I. and Steel Reynolds Tobacco B. .. Royal Dutch, N. Y. .. St. L. and San Fran. . . Seaboard Air Line ... Sears Roebuck . S.-Sheffleld Steel - Southern Pacific . Southern Railway ... Southern Ry. pfd .. .f. Standard Oil of Cal. .. Standard Oil of N. J. .. Studebaker .... Tennessee Copper .... Texas C.ompany'. Texas and Pacific .... Tobacco Products, A. Transcontinental Oil.. Union Pacific. United Fruit. United Retail Stores .. U. S. Ind. Alcohol U. S. Rubber . U. S. Steel . Utah Copper . Virginia Caro. Chem. Western Union. Westinghouse Elec. .. Vanadium Steel . Ameri'can. Tobacco .. . 72% 44 >4 97% 179 61 29% 134% 63 81% 29% 123 97% 48% 101% 117 24% 138% 52 % 155% 34 69% 23 33 28 77% 66% 11% 54 130% 80% 36% 17% 71 11% 88 46% 178% 16% 73% 97% 113 88% 35% 45% 26% 39% 40% 142 11% 32% 13% 15% 94% 19% 110% 75% 2% 40% 74% 45% 27 77% 63% 65% 50% 23% 6% 86 58% 91 33% 67% 54% 72% 44% 95% 178% 60% 27% 134 62 80% 128% 122% 96% 48% 101% 116% 23 136% 51% 155 33% 67% 22% 32% 27% 77 66% 10% 52% 129 73% 35% 17 70% 11% 85% 45% 177% 16% 73% 96% 113 88% 34% 43% 26% 38 39% 141% 10% 31% 13% 15% 94 18% 110 74% 2% 40% 73% 45% 27 76% 61% 64% 50% 23% 6% 85% 57 90% 33% 67% 52% 3938% 122% 11% 48% 26 83% 10% 137% 173% 82 66 60% 108% 69% 14% 112 57% 38% 153% 120% 11 48 25% 83% 10% 137% 178 82 65% 60 105 69 i 14 1 112 57% 37% 153% 72% 44% 96% 179 61 28% 134% 62% 81% 29% 122% 97% 48% 101% 117 24 138% 52% 155% 33% 68% 32% 27% 77% 66% 11% 63% 130% 79% 36% 17 71 11% 86 16% 178% 16% 74% 97 113 8S% 34% 45% 26% 38 40 142 11% 31% 13% 15% 94% 19% 110% 75% 2% 40% 73% 45% 27 76% 62% 64% 50% 23% 6% 86 58 90% 33% 67% 63% 39 122% 11 48% 26 S3% 10& 137% 178 Stf 66 60 106 69% 14% 112 87% 38 163% LIVERPOOL COTTON. LIVERPOOL, April 26.—Spot cotton quiet, prices barely steady. Good mid dling 15.66; fully middling 15.60: mid dling 15.40; low middling 15.16; good ordinary , 14.65; ordinary. 14.35.' Sales 6,000 bales, including 8,400 American. . Receipts 1,000 bales, in cludinj? 200 American. Futures closed firm: April 14.88; May i.4.88; July 14.65; October 18.55; Janr uary 13.06; March 12.90. MONET MARKET. NEW YORK, April IS.-^-Call money steady. High 4 1-2; low 4 1-2; ruling rate 4 1-2; closing bid 4 1-2; offered at 4 3-4; last loan 4 1-2; call loans against acceptances 4; time loans easier, mix ed collateral 60-90 days 5 1-4, 4-6 months 5.1-4, 'prime commercial paper 5 to 6 1-4. DRY GOODS MARKET. NEW YORK, April 26.—Stronger cotton goods markets followed a sharp rise in cotton today. Mills declined to sell at the prices quoted yesterday asking. •% cent advance ort print ciotns and sheetings. Inquiries were numer ous, but the volume of aptual maw busi neds Was small. Yarns were flamer. Knit goods for spring were in renewed demand at first hands, inquiries -coming in from retailers and- some of the near by Jobbers. Ray silk showed little change on the average. Burlaps were easier at Calcutta but held fairly steady In local spot markets. Dress linens, sold fnore- freely , U. S. DEPARTMENT AGRICULTURE > WEATHER BUREAU / Wilmington, N. C, April 26, 1923. Meteorological data Tor tne 24 hours ending 8.90 p. m. yesterday. 8:00 a. m, 12:00 noon 8:00 p. m. Humidity Record, Dry Wet Relative bulb bulb humidity temp, terns, per cent ........ 54 60 70 __V 67 54 42 . 60 65 73 Temperature- Maximum, 7J; mini mum, ’0; mean', 61. Rainfall- Total for the day, .00; total since first of the month, 1.04. , Sun rises ....5:2$ a. m. Sun sets ...*.6:52 p. m. Tide Table. High. Low. Wilmington .4:47 a.m.-* " . 5:22 p.m. 12:28 p.m. Masonboro Inlet ., 2:01a.m. 8:47 a.m. . “ “ 2:40 p.m. 9:09 p.m. Stage of river at Fayetteville at 8 a. m. yesterday, T feet. WEATHER BUREAU REPOfKTS. STATIONS— Temperature: Sj 3* •a S. a « “1 59 Asheville .clear! Atlanta ...,_cloudy! Birmingham ...cldy Boston .cloudy Charleston . —clear Charlotte .clear Galveston ....cloudy Jacksonville ...clear Memphis .cloudy N. Orleans .. .pt cldy New York .clear Raleigh .clear Savannah ....cloudy St. Louis.cloudy Washington ...clear 44 | .00 NEW YORK BONDS. Foreign Bond*. Argentine 7 s . ■ •■•••• • • • .. Domin. of Canada 5%s, 19-9 •• •• French Republic 7He . Kingdom of Belgium 7%s.. Kingdom of Denmark 6s . Swiss Confederation 8s ........ Un. Kins of G. B. and I. 5%s, 1937 U. S. of Brazil 8s . U. S. of Mexico 5s . 102 % 101% .95% 102 97% 117% 104 % 96% 67% Railway and Miscellaneous Bond*. American Agric. Chem. 7%s .... 10- % American Smelt, and Ref. 5s.... 87 4 American Sugar 6s .. • • • • .. American Tel. and Tel. cv. 6s- 115% Atchison gen. 4s1 . »“% Atlantic Coast Dine 1st 4s . §5% Baltimore and.Ohio cv. 4%s .... 79% Central of Georgia 6s .V... 100 Central Leather 5s . 98% 88% 98% 65 % 78 100% 45 % 104i, Chesapeake’and Ohio cv. 5s . Chicago, B. and Quincy ref. 6s Chic., Mil. and St. P. cv. 4%s . Chic., R. I. and Pac. ref. 4s ... Chile Copper 6s . Erie gen. 4s . Goodyear Tire 8s, 1931 . Illinois Central ref. 4s . 54% Int. Mer. Marine ‘6s . :. 86% Kans. City Southern ref. 5s .... 84% Kelly-Springfleld Tire Ss . 109 Liggett and Myers 6s . .. .. 94% Louisville and Nash. ref. 5%s .. 103% Mo. Kan. and Tex. pr. lien 5s- 77% Missouri Pac. gen. 4s .. 67 a New York Central deb. 6s . 102% Norfolk and Western cv. 6s-110% Northern Pacific 4s . 85% Pennsylvania gen. 6s.-. 99% Reading gen. 4s- 83% Republic Iron and Steel os. 90% St. L. and San Frftn. adj. 6s .... J2% Seaboard, Air Line con. 6s. 64% Southern Pacific ev. 4s. 91% Southern Railway 5s. 94% Southern Railway 6%s. 101 Union Pacific 4s . 90 U. S. Steel 6s . 101% Virginia Caro. Chem. 7%s. 83% Wabash 1st .. Wilson and Co. 7%s . 99% Seaboard Air Line 5s. 43% Southern Railway 4s . 94% NEW YORK COTTON LETTER. NEW YORK, April 25.—The issuance of notices today for delivery against May contracts amounted to only 7,buu /bales, whereas above 30,000 had been confidently expected. While these no tices circulated through the market to a moderate extent the liquidation which they caused was welcomed by shorts for covering. With the realization dawning upon the trade that owners of cotton here were willing to apart with - -1rf holdings WUW-WU I*'-*'' " V. V. -- only a e-mail share of thel.^ short covering became pronounced and continued almost without interruption throughout the day. Reaction® were ex tremely small and only temporary, ex cept the final down turn, which was in duced by profit taking on the part °J those who realized the advance had gone nearly 200 points practically with out interruption. Added inducement for buying was reports of heavy rainfall in the western half of the belt with some sections approximating from two to nearly three inches. This naturally further retars the crops progress: In ob serving today's prices it is most inter esting t,o note the greatest strength was in May and the next greatest in July. Demand for futures brought buy ers into Worth street at an advance in prices of % cent carrying 64x60s up to 10% cent, with a greatly broadened in quiry for cloths. Yesterday silk was selling in this market at the highest price since 1920 and the London wool market is quoted as having advanced 10 ner cent, during the past 24 hours. These advances of other fibres coming at a time of increased demand for cot ton show the demand for cotton is gen uine and not of a speculative character. Hence sustained or advanced prices are probable and we continue our recom mendation to buy. July Liverpool due ORV?S aBRC)THE)R8 AND COMPANY. *• FOREIGN EXCHANGE NEW YORK, April 25.-^Foreign ex cRp.nge easy. Quotations in cents: Great Britain, demand 464, cables 464 1-4; 60 day bills on banks 462 1-4; France, demand 677 1-2, cables 678; Italy, demand 494 1-2, cables 495; Bel gium, demand 688 1-2, cables 589; Ger many, demand .0035 1-2, cables .0035 3t4; Holland, demand-3907. cables 8910; Norway, demand 1750; Sweden, demand 2668; .Denmark, demand 1879; Switzerland, demand 1821; Spain, de mand 1532; Greece, demand 117; Poland, demand .0021; Czeeho-Slovakia, de mand 2997; Argentine,' demand 3663s Brazil, demand 1080; Montreal 98 6-32. . COTTONSEED OIL. NEW YORK, April 26.—Cottonseed oil was irregular iearly, but fliilshed steady with prices unchanged to 6 points net higher. Lower lard was off set .by firmness in cotton and grain, trading was- light and mainly in the way of evening up. Sales 12,700 bar rels. Prime crude 10.00; sales and bid;, prime summer yellow spot 11.40: May 'f'*1*- H-63; September 11.41, all w -w-. v, -./=.. * « 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%. 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 25 cent*; sides and shoulders 14 to 15 cents. TALLOW—Cakes, 5 cents. BEESWAX—20 cents. HIDES—6 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 SWEET POTATOES—55 to 60 cents bushel. NAVAL STORES. SPIRITS TURPENTINE—Nothing do mROSIlf7—Nothing doing. PINE TAR—Per gallon 15a PINE TAR—In country pine barrels $3.50. CRUBE TURPENTINE—Virgin and yellow dip $5.25; scrape $4.26. RICHMOND LIVESTOCK. RICHMOND, Va„ April 24.—Cattle: Supply light. Market active and prices firm on all killing classes. Strictly good steers 8.50 to 8.75: extra choice heavy steers none; on sale me dium to good steers 8.00 to 8.60; com mon to medium steers 6.75 to 7.75; good to choice cows 6.00 to 6.50; fancy high er; common to medium cow® 4.50 to 5.50; canners 2.50 to 2.75; medium to good oxen 6.00 to 7.00 extra higher; comman lo medium oxen 4.60 to 6.00; fat butcher bulls, 5.60 to 6.00; bologna bulls 4.25 t,o 4.75; light, common bologna bulls 3.50 to 4.00; choice fat heifers 8.00 to 8.50 medium to good heifers 7.50' to 8.00 common to medium heifers 6.00 to 7.00 Good Virginia calves 11.00, extra 12.00 medium Virginia calves 8.00 to 10.00 best southern calves 10.00; medium southern calves 7.00 to 8.00; rough and heavy calves 4.00 to 6.00; hogs, good corn fed hogs 9.00 to 9j25; good corn fed pigs and shoats 8.00 to 8.25. Good lambs 14.00; mediurri lambs 12.00 to 13.00; spring lambs 17.00 to 18.00; fat sheep 6.00 to 8.00; common to fair sheep 4.00 to 6.00. ' NAVAL. STORES MARKET. JACKSONVILLE, Fla., April 25.—Tur pentine quiet, 1.30; sales 100; receipts 557; shipments 167; stock 9,275. . Rosin, firm; sales 1,926; receipts 1,873; shipments 185; stock 116.570. Quote: B to D, 4.90; E. 4.90 to 4.95; F to G, 6.00 to 5.05; H. 5.00 to 5.07%; I, 5.00 to 5.10; K, 5.55; M, 5.05; N, 5.20; WG, 5.60. ATLANTIC COAST LINE Depart. Arrive. Effective March 1. 1923 •3:40 A.M. Raleigh & North • 1:00 A.M. 5:30 A.M.. .South & West.. 11:40 P.M. Sleeper to Columbia Open 3 0 P. M. 8:16 A.M. North . 6:05 P.M. 8:30 A.M... Fayetteville .. 8:00 P.M. 3:30 P.M.. .South & West.. 12:50P.M. Sleeper to Atlanta 3:00 P.M.New Bern .... 12:40 P.M. 3:30 P.M_ Southport ... 12:50 A.M; t6:30 P.M_ Fayetteville ...til:05 A.M. 7:00 P.M. North ....*. 9:46 A.M. Sleepers to Washington and Norfolk •Daily to GoldBboro, but does not run to Richmond and Norfolk Sunday.' , tTuesday, Thursday, Saturday only. For Information, Phone 160. SEABOARD AIR LINE Depart. Dally. Arrive 4:00 A.M. Charlptte ....12:15 A.M. Sleeper to Charlotte Open 10 P.M. 8:10 A.M. Wll.-Ruth’fordton 5:35 P.M. 8:40 P.M. Charlotte ...,12:20 P.M. Parlor Car to Charlotte For Further Information, Phone 178 uL nsurance Perry BLUE RIBBON SPRINGS "For Restful Sleep” W. MUNROE & CO. 15 8. Front Street «Your Money’s Worth Always” RPH£ Now Is the 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. Just what the future will bring we can not predict, but from present conditions It looks as if building costs are certain to increase. That’s why you should start building at once. . For Lumber and Building Materials of All Kinds STIVER LUMBER COMPANY SIXTH AND CAMPBELL STS. Phone 1555-W Transfer—Day ar MkM Servlo* CITY TAXICAB COMPANY - Pkone Iff < . TOBACCO FIGURES ARE MADE PUBLIC Wilson Lead Entire State With Almost Fifty Million Pounds of Weed Sold RALEIGH, April 25.—(By Associated Press.)—Tobacco production and sales for North Carolina during- the past year season amounted to 226,000,000 pounds, sS# reported by auction ware houses, and 65,000,000 pounds deliver ies filed by the co-operative associa tions. Approximately 10,000,000 pounds of North Carolina tobacco sold outside the state in excess of that imported. The total farmers’ tobacco produced, according to these figures, was about 276,000,000 pounds. This official announcement was made today by Frank Parker, North Caro lina and United States departments of agriculture statistician, the first com plete figures for the past tobacco sea son. In 1921, 297,000,000 pounds were sold. The production was 251,000.000 pounds of farmers’ tobacco. The 1922 produc tion was 25,000,000 pounds more than the previous years yield. ‘‘The average seasons price received by the farmers in 1922 was approxi mately $27.50 per hundred pounds, based on averages reported by auction warehouses,” readg Mr. Parker’s re port." This is about seventeen per cent higher than the year before, which averaged $24.57. Other average prices were 1920. $20.74; 1919, $50.60; 1918, $35.10; 1917, $31.50, and 1916, $20.00. "Wilson led the state with 42,350,161 pounds total sales, including 35,602,161 pounds of the farmers’ original sales. The average price paid was $29.'51, as compared with $28.54 for the previous season. Winston-Salem was second, with 32^630,445, including 27.536,108 pounds of first hand sales. Their av Wage price paid was 526 67 ^ pared with *24.49 per hundred for the previous season. ®ou,'4 "There were eiehty-stx auctm houses operated last y»a - Wa'° with 205 the previous season ''°£1,larf operative associations operated 120 receiving warehouses, or them leased. The co-opetatw,. that much of their contra-1 lrep " was delivered to the aur-tfontobaCf houses due to mortgage ,vart violation of contracts.’’ and . OTTAWA TO HOTVOR Hr.nov, HAVRE. March 24.—A tral-. . stone from the quarry of Vt,10ac » Eourdines, in the department EU,e!ff Charente, has been sent from p i: to Havre to be used in the erect?1** Ottawa of a chapel to the '°n > the soldiers who died in the w'.‘'‘°ry 0 The etone will be loaded m n « er leaving Havre for Panada8^ pavement of the chapel wi’i pTt lish marble, the sanctuary nf n , marble and the walls of !i,.‘ will be entirely of French none Slt‘ A Real Drug Store iEhmtgton’s DEPENDABLE DRUG STORR "FISHING TAcgJ Blake-Brown Co, 129 Princess. Phone 23' If It’s Drugs—Needed Now Telephone 495 Miller's Pharmacy Opposite Grand USE STAR WANT ft Variety in price as well as stock is the rule here. We can show you something very reasonable, or if you pre fer the expensive furniture we can show the finest woods manufactured into the most artistic furniture. “Better Furniture---Less Money” W. J. Bradshaw & Co. Garrell Building , Telephone 593 F. C. HOWELL LUMBER CO Manufacturers : buyers : Distributors BRICK, SLATE, Hardwood Flooring WILMINGTON, N. C. Let your first consideration be the materials of wlilch jnur * home Is constructed Brick Output 1,000,000 Per Month Statement of Condition of Tk.3 Murchison National Bank Of Wilmington, N. C. At th^ Close of Business April 3, 1923 RESOURCES Loans and discounts .. Customers’ liability acceptances . U. S. bonds ...... Banking building. Bonds and other securities. Cash and due by banks .... TOTAL .. $ 8,874,182.51 , 300,000.00 729.450.00 368.600.00 160.500.00 3,494,160.55 $13,926,893.06 LIABILITIES Capital stock .. Surplus and net profits... Reserved for taxes .....'... * Circulation ...... Acceptances ... Rediscounts with federal reserve bank... Deposits .. . . . . . 1,000.000.00 1,165,839.74 65,293.11 541,600.00 300.000. 00 614.000. 00 /v 1 91 TOTAll ..j..$13,926,893.06 CAREY PRODUCTS Sold in Wilminsrton by McIVER LUMBER CO. 6th and Campbell Bta. Phone I J. B. McCABE & CO. . X ' CERTIFIED PUBLIC ACCOUNTANTS WILMINGTON, NORTH CAROLINA w PoatoMce Bm lMI . «0T Mnrckl»»® Bnu» r"~'" ‘-1"1 "'i " ■... "n ijm . i • ' .
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 26, 1923, edition 1
14
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