Newspapers / Wilmington Morning Star (Wilmington, … / July 6, 1923, edition 1 / Page 9
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-Grain-Stocks COTTON inf itton .-wR YORK COTTON voRK. July 5.—A de today’* early trading In ‘ followed by covering whloh '' I0 -.,e started by rather a lese Pe3 i weekly review of cron con vor from” the weather bareau than ; onS i and was later stimulated by ?i0te a better tone In the stock ;’ol'ts celling off to 23.22, or “rke”, 'n«.t'lower, October rallied to :'oin p, uoinis net higher and olosed --'Ji-' The general list olosed -:I ‘V Clines of 2 to 7 points on ■3-iy,J" September, but generally. U?U,40 points net higher. ° markt t opened easy at a • de m to 2'i poolnts, In response to The ln! °Tiverpool cables and "reports of h in the south over the ^weather in , ,a„rc was considerable buying l,urth; f... with Japanese connections, demand was readily supplied ,11,,,- encouraged by expeota very favorable weekly report, the unsettled' early jiinf of6a continued poor demand )mpla,n - - -- stock market and the ir' 'T-nn goods. July was-relatively j0 rdpr lKiuidation, selling off to :S>’ “ 47 points net lower, while new nnths showed net losses of about 1 r nVc n0’ints With December touch t0,’'-5* daring the middle of the Thffveekly review of the weather cjj that cotton had made fair 'nod progress except the late plant dr- Sections where It was poor, 1 ".-niionod so many poor spots ,in u.it and contained so many refer iC ... \ ii activity, that proved a at to recent sellers. This Pd ‘ fevering and the afternoon crUpt was distinctly steadier. ’ There ar , vellittle July for sale after r:!l' riv break and that month led p rallv. selling up to 28.45, or 46 . ts net higher, while new crop mths showed net advances of 15 to ',,0'nts with December selling at The close was 5 to 10 points off the best under realizing. Previous Dow 25.50 arch Opening High .26 45 . 23.SS .2?. 04 July 23.22 22.75 28.45 22.43 6.06; Close 26.40-45 23.77-80 23.28-31 22.98-23 22.97 October Close 26.00 23.65 23.16 22.85 22.k2 22.50; ember 23.05; January 22.75; March \EW ORLEANS COTTON vrv: ORLEANS, July 5.—The early middle sessions In the cotton mar today brought declines but the late fVfion saw wide advances, carrying mces from net declines to net gains on the day. the close being S to 17 points „• higher. with July at a range of V* to 2« 42 cents a pound and Octo ber at 23.08 to 23.13. For a while July use almost inactive and liquidation In uat position appeared to have been can-id to an advanced state. Poor cables and the raising ol the bank of England rate to 4 per cent caused a lower opening. Weakness In Lnrosli consoles and the easiness in the stock market on this side of the water helped to make a very soft mar ket for a while. Further selling arose in the dry and fairly warm weather over the belt and also on the general ton? of the official weekly weather and crops reports, which were considered good. Prices drifted off until they 1 were 40 to 46 points under the close of jTuesday, July trading as low as 25.86 land October as low as 22.47. Soon after mid-session shorts com menced to Cover in a large way and nev buying entered the market on thq Idea that a reaction was due. Rallies in the stock market helped to lnorqass demand, and late in the day. July tanas up to 26.42 and October up to 2s. 10, with the trading months showing net gains over Tuesday’s close of 13 to 28 points. Previous High Low Close Close July . . . .26.42 25.86 26.38 26.29 Oct.23.20 22.47 23.08-13 22.93 Dec.22.SS 22.20 22.77-81 22.60 Ian.22.73 2.14 22.66-70 22.58 March . . .22.63 22.01 22.54 22.46 Opening: July 26.05; October. 22/65; December 22.388; January 22.37; March 22.26. . DAILY COTTON TABLE Port Movement. New Orleans: middling, 2700; receipts l.’i: sales. 2.16; stock, 57,491. Galveston: middling, 2"765; sales, 350; «ock. 33.434. Mobile: middling, 2700; receipts, 250; stock, 611. Savannah: middling, 2720; receipts, «; Slock, IS.470. ^Charleston: receipts, 60; stock, 25, ^ Wlmington: receipts. 718; stock, 7, Texas City: stock, 13. Norfolk middling, 2700; receipts, 66; exports, 504; stock, 82,411. Baltimore: teock, 1,442. Boston; middling, 2725; stock, 7,100. rnlladelphia: stock, 3,919. •>-". 22;ewYork: middling, 2766; stook, 83, ?J0r Ports: stock, 2,668. 1252: exportB> nSwm. week: reecipts- 19751 '• e* Port0!tli,4f84r 382^SOn: recelpts- 19751: « Hn,,,. Interior Movement «45-.h‘ ": ni-ddling, 2740; reooipts, 356.’ en '■ ‘*1®: sales, 3; stock, 24, .. 163. n pments- 597; sales, 25; stock, -u?wta: middiino, 2750; receipts, is: middling, 2800; receipts, 60, ™laf'ine- 2800;. reoelpts, Atlanm^"''8, 683; etock, Little p rn,lddl|nS. 2675. aents 2o?0,Jk: middling, • mS' :l™f ^ornery: mo^ art- receipt®, 1476 U7‘ stock, 128,464. tents. 8,216. 2775; shljt ship JACKsov^lr ST0RES S July 5-—Turpentii <; tZn:s^65; Btocks 19,094. Roe ®er.ts 4 340. receipts 3,193; shi] Quote p.sl°cks 1U'S41 . |«2 i-e'^f,..4 D 4.60; E F 4.60; 4.65- v Vp- l 4'62 1"2@4.65; K 4.6 5'15; ww 5.65. YORkHlf ®°OD8 ' !er« quiet-with Ju-ly 5—1Cotton goot *sr» ver,- h prices irregular. Tan fringe '-.vClu-iet- Silks showed litt ,58 were i,ff fi,00dB were duiet. Bu i tender e-f2 ultr and showed an ea "**6 were . LInens for houaeho " u*e^ with prices lrreguls GRAIN CHICAGO GRAIN CHICAGO, July 6.—^Graln underwent A tnftttflftl decline in* price today, ow ing1 more or leas to the Increasing •fhovement of the ifew wheat crop, and as a result of favorable conditions for the growth of corn and oats. Decem ber corn and all deliveries of oath touched a new low price record for the season'. Wheat closed heavy, 3-4 to 1-4 cent net lower, with July and Septem ber both 103 1-4 to 1.02 3-8 and De cember 1.05 1-4 to 1.05 3-8. Com fin ished at 1 1-4 oents decline to a shade advance, and oats 1 3-8ffll 1-2 to 1 1-2 -® 1 5-8 cents off. In provisions the outoome was 10 to 12 cents to 27 cents advance. WHEAT-— Open High Dow Close July . .. 1.03% 1.04 1.02% 1.02% 1.02% 3.02% 1.05% i:05% .78% .73 .73% .73% ■ «1% -81% .36% .83% ■ 34% .31% .36% .36% 11.00 11.02 11.25 11.35 11.35 11.36 . 9.10 . 9.80 9.12 9.12 oojbu * ... 1.03% 1.04 D«c. . .. 1.06% 1.06% CORN— July ... .79%, .80% Seipt. - .. ' .75 .76% Deo. v .. .68% .68 OATS— July . .. ‘.40% .40% Sept..86% .36 Dec. . .. .87% .87% LARD— July . .. 11.05 li.bs Sept. . .. 11.25 11.85 Oct. . .. 11.42 11.45 RIBS— July. Sept. . .. . Oct. . .. 9.25 9.25 SOUTHERN M71L.Ii STOCKS Quoted by R. S. DICKSON AND COMPANY Gastonia, N. C>—Greensboro. N. C. 1928. I As? _iUly_33L ^ 1"BRT Aome Spinning Co . Arcadia Mills . Am. Spinning Co., Am. Yarn and Proc. pfd_... Anderson Cotton Mills .... Arlington Cotton Mills .... Aragon Cotton Mills (S.C.) Arcade Cotton Mills .... Arrow Mills . Augusta Factory .'. Bejton Cotton Mills . Belton oCtton Mills pfd ... Beaumont Mfg. Co. ....... Bibb Mfg. Co. .., Brogon Mills .. Clara Mfg. Co. Clifton Mfg. Co. Cabarrus Cotton Mills. Cabarrus Cot Mills, pfd. Chad.-Hoskins Co. par $28. Ohad.-Hosklns Co. pfd. .. China Grave Cotton Mills . Chiauola Mfg. Co. Chiquola Mfg. Co. pfd. Calhoun Mills Cannon Mfg. Co. par $1(A Us Clover Mills Climax Spinning Co.1. Crescent Spinning Co. 8©lumbua Mfg. Co. (Ga.) .. onverse, D. E. Co. .. Darlington Mfg. Co. Dixon Mills . Drayton Mills . Dunean Mills -.. Dunean. Mills, pfd. Durham Hosiery pfd.. Durham HosierV "B” . Eastern Mfg. Co. Eagle Yarn Mills . Eagle and Phoenix (Ga.) ... Efird Mfg. Co. . Enterprise Mfg. Co. (Ga.) .. Erwin Cotton Millb Co. Erwin Cotton Mills, pfd. Flint Mfg. Co.. Gaffney Mfg. Co. Gibson Mfg. Co.. Globe Yam Mills (N.C.) .,.. Gray Mfg. Co. Glenwood Cotton Mills .... Gluck Mills . Greenwood Cotton Mills . .. Grendel Mills *. Grendel Mills, pfd par $80 .. Graniteville Mfg. Co. Hamrick Mills . Hanes, P, H. Knitting Co. .. Hanes, P. H. Knit. Co. pfd. genrletta, 7 P. C. pfd. ,..,. Ulslde Cotton Mills (GA) , Hunter Mfg. and Com. Cov 7 ■ P. a pfd. .., Inman Mills r... Inman Mills pfd. Jennings Cotton Mills .... Judson Mills . Judson Mills, pfd. King, Jno. P. Mfg. Co. .... Lancaster Cotton Mills .... UmeBtoee Mills .. Linford Mills ... Lola Mfg. Co.:... Locke Cotton Mills . Laurens Cotton Mills . Mansfield Mills ., . Marlboro oCtton Mills .... Mills Mill . Mills Mill pfd. . Monarch Mills, (S. C.) .... Mollohon Mfg. Co. Mooresvllle Cotton Mills ,. Muegrove Cotton Mills. Myers Mill . Myrtle Mills 7. National Yarn Mill . Newberry Cotton Mills .... Orr oCtton Mills ... Orr Cotton Mills, pfd... Parkdale Mills .. . Pacolet Mfg: Co. Paoolet 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. Bex Spinning Co. ¥tex Spinning Co. pfd. rslde Mills par $12.80 , . Riverside Riverside and Dan River Riverside, Dan River pfd. Rowan Cotton Mills Co. .... Roanoke Mills, 1st pfd. Roanoke Mills 2nd pfd. ... Rosemary pfd .. ■ Rhyne-Houser Mfg. Co. .,... Saxon Mills. Seminole oCtton Mills Co. .. Sibley Mfg. Co. (Ga.) - Spartan Mills .. Sterling Spinning Co. Superior Yarn Mills ■■■<,• Stowe Spinning Co. Toxaway MHls, (par $25) .. Union Buffalo Mills Union Buffalo Mills, 1st pfd Union Buffalo Mills 2nd pfd. Vietof-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, 2nd pfd. 08... Winget Yam Mills Co. Wisoasset Mills Co. . Wllllamston Mills . Woodside Cottoji Mills - Woodside Cotton Mills pfd. Woodruff COtton Mills • •, 110 225 106 114 120 120 70 60 93 865 175 185 13S 106 '21 105 108 220 S8 145 15% 99 165 119 130 117 88 126 100 75 15% 93 165 145 90 125 103 150 100 124 60 125 138 128 215 160 49 170 18% 103 100 ‘270 100 155 101 255 164 100 175 150 165 14% 107 100 99 104 165 145 165 90 285 101 145 125 87 65 109 155 130 95 117 99 138 140 99 127 110 125 89 9% 314 104 99 102 100 98 109 100 182 119 110 98 33% 79 92 64% 120 111 94 103 100 136 74 165 170 95 170 119 296 108 117 126 97 119 65 96 180 108 101 140 107 111 91 16% 176 125 187 141 101 121 180 100 81 17 100 94% 155 94 106 161 102 66 131 60 100 102 191 181 101 110 150 176 92 156 138 131 91 71 112 166 135 113 98 126 205 101 142 145 104 ISO 113 58 140 80 10% 818 103 100 98 113 111 68 166 125 99 36 80% 94 65% 122% 114 96 210 81 130 87 180 COTTON SEED OIL NEW YOJRK, July 5.—£hort covering on the bulge In lard lifted cottpneeed oil 6 to 27 point* after whioh pit offer ing* Increased, due to favorable crop and weather new* from the south and; a reaction took place. Near month* closed 9 to 10 point* higher and for ward positions one lower to 2 net high er; sales 4;200 barrels. Prime crude 9.00 asked; prime summer yellow spot 10.'45@U.O0; July 10.46;, September 10.47; December 8.62, all bid. j SUGAR ASTD COFFEE ^ NEW YORK, July E.—-Raw sugar ateadler at 7.16 for oentrlfugal. Re fined unchanged At 6.25 for fine granu lated. ; Vv•’£ *..-u ” STOCKS [ NEW YORK STOCKS. NEW YORK, July 5.-—Prices slumped r badly. in today's early trading on the stock market and then rallied briskly, i closing prices generally showing slight gains on the day. The volume of saleB was relatively small, which was to be expected after a holiday. The increase in the bank of England discount rate from 3 to 4 percent, the apparent Franco-Britlsh Impasse over the Ruhr problem, further cuts in Gulf Cbast crude oil and lead prices ac counted, , in part, for the pessimistic sentiment at the opening. Bear traders offered the usual lead ers freely and suooeeded in fording three score stocks to new low levels for the year, including United States Steel common at 89 1-4; Baldwin at 114 1-2, Union Pacific at 125 3-4, and Northern Pacific at 63 3-4. These shares were not long In com ing back, however, United States touch ing 91 and closing at a gain of half, Baldwin rallying to 117 3-4 and closing at 117 3-8, up one; Union Pacific clos ing one higher at 128 1-2 and Northern Pacific closing 6-8 higher at 65 1-2. Selling of some of the high priced rails during th« morning was reported to be for the account of European in terests. Jersey Central broke 8 points and Delaware and Hudson 4, the latter recovering Its loss and closing at a slight fractional gain. New Haven ,sold as low as 9 6-8, tn extreme low for all time, and then rallied to^.10. Some of the conspicuous heavy spots were General Electric, Laclede Gas, Western Union, Woolworth and Ameri can Zinc preferred off 2 to 6 points. Dupont was one of th few strong spots. Foreign exchanges were weak be cause of the disturbing political devel opments abroad. Call money opened at 4 1-2 percent but advanced to 5 before the close. Time money business was quiet with 5 bid and 6 1-4 asked. Day’s total Bales 731.300 shares. Twenty industrials averaged 87.90; net gain .03. High 1923, 106.38; low 87.86. -Twenty railroads averaged 77.04; net gain .49. High 1923, 90.68; low 76.85. Marne; NEW YOBK STOCKS jHigHi Low |C)ose Allied Chem. and Dye . Am. Bosch Magneto Am. Can ... Am. Car and Fdry. An. Inter. Corp . . Am. Locomotive . .. Am. Smelt and Ref. Am. Sugar. Am. Tel. and Tel. . Am. Tobacco ... Am. Woolen Anaconda Copper . Atch. Tp. and. Santa Fe A. C. L. Atl. Gulf and W. I. Baldwin Locomotive B. and O. Beechnut Pkg. ... Bethlehem Steel Canadian Pacific . Central Leather Cerro de Pasco 8handler Motor . and O. C. M. and St. P. pfd. C. R. I. and P. ... Chile Copper Consolidated Gas Consolidated Textile Continental Can Corn' Products Cosden Oil . Crucible Steel .... Cuban Am. Sugar .. Cuba Cane Sugar pf( Endioott Johnson . Erie . Fa. Playera-Laaky Gen. Asphalt Gen. Electrlo .... Gen. Motors . G. N. pfd. Gulf States Steel I. C. Inspiration Copper Inter. Harvester Inter. Merc. Mar. pfd. Inter. Paper. Invincible Oil .... Kelly Springfield . Kennecott Copper Lima Locomotive . . L. and N. Mack Truck . Marland Oil . Middle States Oil . . M. K. and T. (new) M. Pac. pfd. N. T. C. N. Y. N. H. and H. M. and W. N. P. Pac. Oil .. .-*. Pan-Am. Pet. Pennsylvania .... Phillips- Pet. Producers and Ref. Pure Oil . Reading . Republlo I. and St . Reynolds Tob. B. . . Royal Dutch, N. Y. St. L. and San. Fran.. 8. A. L. . S. A. L. pfd . Sears Roebuck .... Sinclair Oil . Sloss-Sheffield Steel S. P. Sou. Ry. . .. . . Sou. Rr. pfd. ..tandarjl Oil of Cal. Standard Oil of N. J. Studebaker . Tenn. Cooper . Texas Co. .. Texas and Pac. ... Tobacco Prod. A. ... Transcontinental Oil union Pa.0. united Fruit . un. Retail Stores .. U. S. Ind. Alcohol . tL S. Rubber . U. S. Steel . Utah Copper . V. a Caro. Chem. Westlnghouse Elec. . Calif. Pet. . 65% 31 87% 155 18 131% 54% 65% 130% 141 83 . 39% 98% 112 10% 117% 43.% 56 44% 143 18% 38% 49.% 68% 81 23% 25% 68% 7% 45 118% 39% 64 26% 42 64% 11 70 J 26% 178% 18% 64% Kg 28% 78 23% 34% 10 33^ 61 88 68.% 87 25 10 11% 103 63% 32% 58 42% 27 34% 8g 42% 8* !a 71 23% 40 ft 86% 82% 63% 60% 32% 101« 8% 42% 18 78 5% iae% $3.% 45% 41% 91 56% 7%, 85 30% 32% 68% 87% 65 36% 7% 10 28% 96 9% 102 65% 31% 8* 26% 33% 8% 41 60 44% 17% 6% 8% 69% 23% 89% 85% 31% 63% 49 31 98 8 41 17 77 5 125 162 72 43% 40% 89% 56 52$! 19 65 31 86% 155 18 181% 64% 65% 120% 141 83 88% 98% 111 9% 117% 43% 56 44 143 8$ 49% 68% 81 28% 25% 68% 7% 44%' fli7 % 39% 64 26 41% 64% 11 70 26% 171% 13% 64% 70% 70% 27% 78 23% 24% 9% 82 83% 60% 88 68 *6% 7% 10% 29% 96% 10 108 65% t?P 42% 26% 33% 18% 70% 42% 60% 44% 18 6% 8% 71 28% 39% 86% 82% 63% 60% 82% 101% 18 77% 128% 168% 72 45% 41% 90% 56% 62% 19% NEW YORK COTTON NEW YORK, July 6.—'Under spirited buying1 of short* cotton rallied sharply during today’s trading with final prloes about the beet. There was some buying attributed to trade account The weekly weather report which was not read until today on account of yes terday's holiday reads favorably for the crop except in Georgia. Furthermore, while the boll weevils are mentioned there is no Indication,'of much damage as yet. The outlook is clear for weather over the belt. Liverpool cabled that spot arrivals meet poor demand and general business in Lancashire 1b idle. The Bank of England rediscount rate was advanced .1 percent The stock market rallied moderately this afternoon-And this contributed to dis position;- of.' shorts in , cotton to oover. As we see it today's market movement was one of those natural reactions which take place in the process'of di gestion of* business after a decided movement in one direotlon. October Liverpool due Friday 13.11. .>... ORVIS BROTHERS AND COMPANY. OOPFEB MARKET NEW YORK, July 6;-r-Spot coffea dull and nominal; Rio 7a 11; Santo* 1-2-, \ £ V-' BONDS ' NEW YORK BONDS NEW YORK, July 6.—In the absence of any effective buying support, bond prices continued reactionary In today's relatively quiet dealings. Weakness of the New Haven Issues was the outstanding feature, net losses of 2 to 5 1-4 points being reoorded by the aotlve liens of that road. There were a few gains recorded in the foreign list but most of the foreign bonds were reactionary in sympathy with the lower exchange ratea United States government bonds opened firm, but eased slightly In the latter deal ings. Total sales par value were $5,850,OtTO. JVSW TOXU^ BOW0S Forelsn Bonds Argentine 7s .. .102 Domin. of Canada 6%s. 1929 ....101% Frenoh Republio -l%* . 92% King, of Belgium 7%s ...100 King, of Denmark—6s -*.96% Swiss Confenile ration 8s 115% Un. King, of G. B. and I. 6%s, 1987102% ; U. S. of Brazil 8s... 96 U. S. of Mexico 5s . 64% Railway and Miscellaneous Bonds Am.. AgrJo. Chem. 7%s .. 97 Am. Smelt, and Kef. 6s *. 90 I Am. Sugar 6s .102 Am. Tel., and Tel. or 6s.114% Atchison gen. 4s . 88 A. C. L. 1st 4s ..m.»85 B. and O. cv 4%s .. 78% Central of eGorgla 8s .101 Central Leather 5s ... 98% C. and O. ov. 6a . 87 C. M. and St. P. ov 4%s .. 62% C. R. I. and P. ref. 4s .78% Chile Copper 6s .• • 98% Colo, and Sou. ref. 4%# .. 81% Goodyear Tire 8s, 1981 ..101% I. C. ref. 4s . 86 Int. Mer. Marine 8s . 79 Kelly Springfield Tire 8s.106% L. and N. ref 5%s ..104 Mexloan ePtroleum 8s .108 M. P. gen ... • • 68 N. Y. C. deb. 6s . ..104% Penna. gen 5s .100% 84 71% 61% 91 95% Reading gen 4s St L. and San. Fran. adj. 6s S. A. L. con. 6s . Sou. Pao. cv 4 s . Sou. Ry. 5s . Sou. Ry. 6%» .... v .101 U. P. 1st 4s . 91% U. S. Bteel 5s...101% Va. Caro. Chem. 7%e .. 69% Wabash 1st 5s . 94 Wilson and Co. 7%s .. 96% S. A. L. 6s . 26% Sou. Ry 4s . 67 FEDERAL RESERVE STATEMENT WASHINGTON, July 6.—Combined re sources and liabilities of the 18 federal reserve banks at the close of business July 3, were reported tonight by the federal reserve board In thousands o£ dollars as follows: Gold and Gold Certificates .. 323.442 Gold settlement fund, F. It. bd. 661,594 Total gold hsld by banks- .... 988,085 Gold with F. R. agents -..2,040.992 Gold redemption fund . 58,676 Total gold reserves i..3,087,703 Reserves- other than gold .... 79,200 Total reserves ....: — ..—8,166,903 Non-reserve cash . 59,589 Bills discounted: Secured by U. S. Government obligations . 477,053 Other bills discounted . 452,786 Bills bought in open market.. 198,912 Total bills on hand! . 1,128,751 United States bonds and notes. 89,744 U. S. Cert, of Indebtedness .. 4,957 Municipal warrants- . 25 Total earning assets .1,228,477 Bank premises . 62,380 Five per cent redemption fund against F. R. bank notes .. 193 Uncollected Items . 649,087 All other resources . 12,992 Total resources .5,164,461 Liabilities Capital paid In . 109,684 Surplus . 218,269 Deposits: Government . 14,667 Member bank—reserve acot. .1,931,762 Other deposits . 27,132 Total deposits . 1,874,251 F. R. notes In actual olr.2,282,054 F. R. reserve bank notes in cir culation—net liability . . 1,518 Deferred availability items . 562,198 All other liabilities . 18,487 Total liabilities ...6,*64,46' Ratio of total reserve to deposit and F. R. note liabilities combined 74.4 per cent. t Contingent liability on bills pur chased tor foreign correspondents. Wilmington Ma rkets PEANUTS, Price* said producers! NORTH CAROLINA—New crop, *1.«5 to $1.90. VIRGINIA—New crop, |1,00 to *1.1A. VIRGINIA JUMBOS—11.10 to *1.80. WHITB SPANISH—*8.00. RED SPANISH—*1.90 to *2.00. PRODUCE. CORN—*1.10 Vi. BEEP—9 to 10 cent*. VEAL—10 to 11 cents. pro PORK—Small 14 to IS cents, large 10 cents. N» C. BACON—Hams 14 to U cent*; sides and shoulders 14 to IS oents. TALLOW—Cakes, 5 cents. BEESWAX—SO oents. HIDES—6 to 7 dents. EGGS—22 cent*, very dull. CHICKENS—Fall iS cents; spring 15 cents; hen* 25 cents; old roosters, dull, 15 oents. BUTTER—25 to 80 cents. IRISH POTATOES—*3.25 to *2.50 a bag, \ SWEET POTATOES—55 to 60 cents bushel. , NAVAL STORES. SPIRITS TURPENTINE—Nothing def ine. ROSIN—Nothing doing. PINE TAR—Per gallon 16c. PINE TAR—In country pine barrels *2.50. CRUDE TURPENTINE—Virgin and yellow dip (5.25; sdhane *4.25. LIVERPOOL COTTON LIVERPOOL, July 5.—Spot cotton quiet, prices easier; good middling 15.86; fully middling 16.75; middling 15 60; lew middling 16.35; good ordi nary 14,*5; ordinary 14.55. Sales 6,000 bales, including 2,300 American; re ceipts 4,000 bale*, including 200 Ameri can. Futures oldSed steady; July 14,30; September 13.46; October 12.88; Deotm ber 12.48; January 12.84; March 12.22; May 12.11. £>avid S. Olive r insurance Lite, Aon-Canee liable DlaaMltty, Auto Liability J. W. hue*, A**nor CuUer MM M archil,on Bid*-—Phone 840 The Beat Comjpanlea, the Loiveat Net Coat. Berelee I __ 'J. S. DEPARTMENT AGRICULTURE WEATHER RUBK-AII Wilmington, N. C„ July 5, 1923. Meteorological data !j; 34 Hours ending 8.90 p. m. yesterday Humidify Record. Dry Wet Relative bulb bulb fcumioity temp. temn. bar cent 8 «u m. ;. .. . „ 77 75 90 12 noon .. 86 74 56 8p m..44.. 80 73 74 Temperature: maximum! 89; mini mum, 72; mean, 81. Rainfall: total for the day, 0; total since first of onth, 1.44. Tide Table. Hick. Wilmington .3:44 a. m. „ , 4:22 p.nj. Wasonhoro Inlet . .1:05 a. m. 1:60 p.m. layer. 11:07 a. m. 11:38 p. m. 7:46 a. m. 8:18 p.m. Sun riseai .6308 3un sets ......7:27 Stage of river at Fayetteville at 8 a. mu yeeterday waa three feet. WBATHPTO HUKBATI REFOftffS. STATIONS— Weather ►» Temperature: * h to *»? r *m oft * cue , Abilene . clr Asheville ... pt cldy Atlanta .. clr Augusta . clr Birmingham .. cldy Boston . cldyl Charleston .... clr| Charlotte .. pt cldyl Chicago . clrl Galveston . pt cldyl Jacksonville pt cldy | Memphis .. pt oldy | Mobile . cldyl Montgomery pt cldyl New Orleans . cldy] New York .... cldyl Oklahoma .... clr Palestine .. pt cldy Pittsburg .... cldy Raleigh . cldy Savannah .... clr Shreveport ....clr St. Louis .... cldy Washington .. cldy 92 82 88 90 90 86 I 84 I 92 86 82 70 82 70 82 82 | 74 80 86 92 83 92 90 94 | 84 | 72 62 68 70 72 64 74 70 70 78 76 76 7,+ 72 74 . 64 | 72 70 64 70 72 72 70 66 l a .0 .0 •o .20 .0 .0 .02 .0 .0 .16 .6 1.94 .0 .08 .0 .0 .0 .0 .0 .0 .0 .01 .0 CROP REVIEW WASHINGTON, July 29.—The de partment of agriculture weather and crop review regarding cotton .follows: Generally cool weather prevailed throughout the cotton belt, except that the weekly mean temperatures were about normal In the southwestern por tion and along the Immediate Atlantic coast. Showers were rather frequent In the eastern half of the belt, witn heavy rainfall from the extreme lower Mississippi valley eastward. Beneficial showers occurreiT at about two-thirds of the reporting stations In Texas, and temperatures were fairly favorable, and cotton made fair to very good progress, except the late planted in the dry sections, where it was poor. Some increase In weevil aotivity was noted. The progress and condition of the crops were fair in Oklahoma, but it contained considerably later than the average; fields were mostly clean. Some Cool Weather Except for the cool weather the mid dle part'of the week, conditions were mostly favorable in Arkansas, where cotton made very good advances. Squares and blooms were forming In Tennessee, and cultivation was satis factory in that 6tate, with progress and condition fair to very geod. The | weather was cool and showery In Mis- j sissippi and Alabama, the nights being j unprecedentedly cool in the former state; growth was generally poor, al though fair the first part of the week in Alabama. Heavy rains occurred again In much of Georgia and the nights were cool; growth was fair the first part of the week, and there was a slight Improve ment In cotton generally, but its con dition continued very poor as a rule, with increasing weevil damage, and the weather too wet to apply poison. It was cool, cloudy, shoWery and unfavorable In Florida, but conditions were more favorable In the Carolina*. Progress j and conditions were reported as very good in North Carolina, althougn rain was needed in some sections. Bene flolal showers occurred in the Piedmont seotlon of South Carolina and the prog ress and condition of ootton were fair in that state, though plants were still backward; weevils were 'numerous but doing little damage, with active pre ventative measures being taken. While ;the weather was rather cool in the principal corn producing states, that crop made satisfactory growth generally, as moisture was sufficient In most sections and the^soll was warm at the beginning of the Week following preceding warm weather. OHICAGO GIVE STOCK CHICAGO, July 5_Cattle: Receipts 18.000; fairly active on better grades beef steers, yearlings and butoher ehe stock generally steady; lover grades beef steers slow, spots shade higher on desirable yearlings; top matured steers 11.60; several loads 11.00@11.45; best long yearlings 11.85; several strings 10.75@11.00; kind# at Inside figures be ing mixed steers'and heifers; ohoice beef heifers 10.00 @10.35; bulls about steady on desirable kinds; light and medium weight ,sauaa«e bul1® unevenly r FOR THE? SULTRY DAYS Our electrlo Ians Is the only way to keep cool and feeling fit. It ■ brings the ocean breezes to your boflje and makes ' the hot, stifling nights breathable and livable. For,drylng your 'hair, drying the clothes on lamp days, and for keeping food cool our electric fan Is the very thing. Get one this summer. « City Electric Co. “Everything Electrical" 206 Princess Street Telephone 60S GOVERNMENT COTTON REPORTS It will be of general interest to recite the record of,the De partment of Agriculture in estimating the cotton crop from its July condition, report, and the record is concisely stated ad fol lows* / . f . . July 1922, estimate 11,065,000 bales, actual crop 9,761,817 or an over estimate of 1,804,000 bales. ' July 1921, estimate 8,433,000 bales, actual crop 7,953,641, or } an over estimate of about 480,000 bales.* [ July 1920, estimate 11,450,000 bales, actual crop 13,439,000, i or an under estimate of almost 2,000,000 bales. July 1919, estimate 10,986,000 bales, actual v op 11,420,763, or an under estimate of 433,000 bales. > July 1918, estimate 15,825,000 bales, actual crop 12,040,532, or an over estimate of 3,284,000 bales. July 1916, estimate 14,266,000 bales, actual crop 11,449,000, or an over estimate of 2,817,000 bales. For 1917 the Government July estimate was 330,000 in ex cess of the actual yield, and during the last seven years the July estimate has been too low only twice, and too high five times. For this period of seven years, the average over estimate by the Government as forecasted in its July condition report, has been 936,000 bales. ' June is generally accounted the month of improvement in cotton, and the average July condition for the past ten years. j3 r 76 as against 69.9 for July this year. Except for the large int crease in acreage claimed by the Government, the present per centage condition would indicate a very small crop, for June lost 1.1 condition against d usual gain of 3 to 5 points for this month. The months of July and August are almost invariably the period of the greatest deterioration, so that the crop is yet jf to pass through the most trying time. The boll weevil.is more ! numerous and widespread than ever beforq, and when is added f the general lateness of the crop and the continuous depletion of ! farm labor, the outlook for a large crop is anything but promis ing XALCO’Automafic .drainage, gate Turns swamp lands into farm lands, by keeping land thor oughly drained>and prevent ing back water flooding. It needs no attention, it is absolutely automatic. It works while •yofl sleep. These cast-iron gates have been installed in connec tion with reclamation, irrigation and drainage work. The Calco automati cally projects the land from fresh et, tide and flood—enables crop planting at all seasops—makes crops grow where none grew be fore—and never fails to work. Very inexpensive, in any size from 12 inch to 72 inch. Hep*. n„ /*Oftntfl. (itu, For rjr'«cv'»ti’.e Fold*’- »jii Price Ust Dixie Culvert & Metal Co., Atlan ta, Os. lower; vealers 25 cents higher; bulk j to packers 9.75@10.75; few at 11.00; upward to 11.50 to outsiders. Hogs: Receipts 30,000; better kinds fairly active, 26 . to 35 cents higher; others slow, 10 to 15 cents higher; top 7.75; 206 to 305 pound butchers mostly 7.35@7.55: bulk throwoit sows 6.65® 6.75; strong weight pigs mostly around 7.00; estimated holdover 10,000. Sheep: Receipts 10,000;' desirable lambs 10 oents higher; four doubles Oregon averaging 76 pounds, 16.25; bulk best natives 15.60@16.75; culls CANADY SALE of nice farm at Scotts Hill, at the Court House door, Thurs day, July 5th at 12 noon. J. C. WRIGHT, -'“Commissioner. Builder of HOMES E. S. HART CONTRACTOR Ronte 2, Wilmington, N. C. ATLANTIC COAST LINE Depart. Arrive. Effective July 1, 1928 *3:40 AM..Raleigh & North.*12:45 AM. 5:30 A.M. .South & West.. 11:40 P.M. Sleeper to Columbia Open 10 P.M. 8:16 AM._ North . *:06 P.M 8:30 A.M... Fayetteville .. 8:00 P.M 3:30 P.M.. .South 48 West.. 12:60 P.M Sleepers to Asheville and Atlanta 3:00 P.M..... New Barn .... 12:40 P.M • :30 P.M.... Southport ... 12:50 AM. t6:30 P.M... Fayetteville ..{11:05 AM. 7:00 P.M...... North . 8:45 A.M. Sleepers to Washington and Norfolk •Daily to Goldsboro, but does not run to Richmond and Norfolk Sunday. fTuesday, Thursday, Saturday and Sunday only. {Tuesday, Thursday, Saturday, arrives Sunday 10:00 a.!m For Information, Phene 100. SEABOARD AIR LINE Depart. Dally. Arrive 4:00AM. Charlotte ..,.12:15AM Sleeper to Charlotte Open 1G PJM 8:10 AM. Wll.-Ruth fordton 6:35 P.M. 1:40 P.M. Charlotte . .. 12:30 S'M. Parlor Car to Charlotte \ Pn Farther Informatiaa, Phene ill slow 8.00 @ 9.00; mixed doubles Nevada yearlings 11.BO; one deck we tiers with breaker ends 9.00; fat ewes 6.00@B.60; extreme heavies downward to 3.50. | Beyond the Bounds of ij Experimentation ' S WHITE ROSE ant TIDAL. WAVE <1 FLOY B | Gilbert Grocery Co. I Wholesale Grocers * r BLUE RIBBON SPRINGS “For Reatfnl S/iep" W. MUNROE & CO. IP B. Front Street “Yoor Money’* Worth Alwnyi* piiojve! TSt» BUIlDSn*t* HT^PLIB* W. B. THORPE & CO, JOHN L. HAZLEHURST, JR. LIFE INSURANCE New England Mutual Lila . Insurance Company "Perlection In Protection” 415 MnrcHtoon Bide.. Phone 1302 ,.... a i W. WAT 8 SON 8 Plumbing, Heating and Gas Fitting CONTRACTORS Standard Plumbing Fxtures ' 609 S. Second Street Phone 1855 Miller’s Pharmacy L 26 North Front Street WE HAVE YOUR WANTS Service Now Telephone 49S A Real Drug Store
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 6, 1923, edition 1
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