Newspapers / Greensboro Daily News (Greensboro, … / Nov. 15, 1921, edition 1 / Page 14
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GREENSBORO DAILY NEWS. TUESDAY, NOVEMBER 15, 1321 14 BY GEORGE M'MANUS I BRINGING UP FATHER ee ee s a"a r UPRETEMO I'M pCK THEN I WON'T Hrve TO CO WITH Oh: rw,,i it-s a 5ick, mais i am- think i ve cot a fever FORTUNM-Ct-f THE CKMPBLI CM.U.EO OFF THE E.NSA.CEMENT ANO OlMTV MOOe fALLen "tOO MUVT CET FOC.HT INTO BED OP TO UET tOO KNOW IT WA i-h BIRTH OA"Y -sMM CLAD OCJ fAN'T CO MAXsilE TO THE CAMPBELLS No Matter What the Benefits, Dislocation In Various Indus tries Is Feared. PROFIT GRABBERS BUSY ( Uim4 wm is n ml .bnriiM. 1111. b, rxnwnmi. Futile Uav.) 'V tonight PATI id " I New York. Nov. 14. Undoubtedly the action of today's stock market cam a a disagreeable surprise to many who had hoped to see the favorable imprea- ton oreated by the Hughes disarma ment proposals reflected In the rising prices for securities. The explanation fnr reantlnnarv tendency would em brace several features none of which would be conclusive In Itself. One was the fecltna- that tha mar ket had advanced to a point where profit taking- was In order and that encouraging news of the character ' mentioned furnished a strong reason for selling. Another was the belief that no matter how beneficial might be the ultimata effects of the program suggested, a certain amount of dislo cation In various Industries and com panies would be entailed. Consequently when selling made Its appearance at the opening on Hothle hem, Crucible and on other steel shares, ven the most bullish operators became uncertain of their position. The sharp rise In Mexican Petroleum and other members of the oil group and the strength exhibited by the leathers and f-oppers, merely delayed the attempt to lake down profits. Toward tho close the selling gained In volume and the Undertone became more unsteady.' Weakness of a special character was displayed by a few specialties, such as Industrial Alcohol, Wilson and com- rany and the rubber and tire snares, n'lhe latter case, this was due to tho announcement of further price reduc tions. MONITOR'" w ALL HTHKKT tiOKHIP (OmtUH. ia4, ti, rwiifcioMi ruMfe Lrtin.i (S, iin win ts D.IU Nasi.) ' New York, Nov. 14. Although the Hughes disarmament proposals were greted with widespread approval throughout the street It w but na tural that such concrete suggestions should have' a reactionary effect mn ' certain portions of the market. Inls Influence had a direct bearing on the l eel shares, particularly lieth ehem Mild Crucible, although other Issues sympathised with the weakness In 'the first named stocks. Bethlehem steel Ji opened down a point and was heavily enld throughout tho session, Crucible, while not so active, was almost as weak, and the net loss on both stocks was more than three points. The possibility that a nsval holiday for 10 years would he declared neces sarily would cause a dislocation of Ihe business of Hethleliem. even If the management should find Itself able to speedily readjust the affairs of the company to the changes of things. Crucible might not bo affected as much as Bethlehem, and It Is possible that much of today s selling was more on the theory that Bethlehem and Crucible were famous "war lirlSos" and would be adversely affected by a peace pro gram than any actual knowledge of the extent to which their business might have to be reorganised. In the early trading the oils showed narked strength, with Mexican Petro leum crossing 117 on favorable reports from drilling operations, l'ront taking which sot In throughout the rest of the group, particularly the Htandard Oil Is sues, soon spread to Mexican I'etro leum, and before the beginning of the last hour the reaction was general among tha oils. Euhber and tire companies were ad versely affected by announcements of price elite by the Goodyear, Miller and General Tire and Jlubber company, with reductions ranging from 10 to 80 per cent. The only Important producer that has failed to participate In the price cutting reglma Is Ooodrlch, which Is expected to fall In line In the near future. . MONITOR. C. B. KVATVM' CHICAGO i.kttihh. tar lms Win nll Hesai iiwhiil mil. hi Phiiidtlobi, rtinlla Uaw.t Chicago. Nov. 14. -Along with the Joy over the promise of less war In tha world comes a grief, decently sup pressed, st the menace of lower prices Tor commoames, mnsinsr us mtirn uu principally In a decline m stocks. . Large Lnicago inieicsin pai iiiiiiht In the decline. National Leather slock, whloh sold on Haturday at 5(4 on a par of 10, went to 2K today, a tumble of 40 per oent or mora. This la an ex pression of liquidation going on In western Interests rather than any af fect of the proceedlnga of the confer ence, liquidation which la merely a part of that which has been In progress, for a year or more. It Is an old story, the telling of which goes on and will go on for a period which It Is not easy to estimate. It Is a Justification or me warnings that have been uttered by Chicago bankers and others In the face ' of a eeourlty market which has shown a strong tendency to move up. Leather has been a peculiarly (inde pendable commodity, and Its perform ances ara closely related- to the unfor- , tunate conditions of the fartn Interests. The stock of the National Leather company has sold this year as high as S and up to llHi last year, but divi dends of 80 cenls a share previously paid were discontinued February IS. 1921. A deficit thus far this year of over ISl.OOO.noo looks pretty big as against 138.888.408 aggregate assets, but tha proposed (13.000.000 preferred stock has been underwritten at par, and In this city It Is felt that the re duction In the common stock from 130,000,000 to 17,600,00 will mnke that stock worth at least 112. - hence large purchases outside of the Hwlft Interests, controlling the prop erty. These gold notes of the company went off moderately on the Issuance of the proposition to Issue preferred stock. The unnerved condition of the stock market comes nt a time when the trade In bonds In finite as great as ever. The advance demand fnr the Issue of New "York Telephone company has been such that the allotment to buyers will be small. Already there are bids In the market of 1 H over tho price at which the bonds will be offered to ihe public, and the subscription from this city alone runs high Into the millions. C. B. F.VANB. ' 1921 lti. FeatuM Slavic, tne i nil is Nanltlnas and Ordnsnce Issaea Lead In Hloais that Agreta General Mat. Active Selling- at the l"e Beads IQnsler lCxchense Hates Up. New York. Nov. 14. The financial community expressed Its hearty 'In dorsement today of Heorotary Hughes- proposals for a naval holiday nut mat reeling evidently did not extend to the stock market, which became reaction ary after 'a hesitant opening. rinares wnicn once occupieo inn cen ter of the stage as "war bridges." par ticularly the various steels and several of the munitions and ordnanoe Issuos, were stead! y offered at more or less substantial declines, the movement spreading later to the general list. Foremost among inese was rteinie hem Hteel, which takes first rank as a producer of armor plate. That stock sustained a setback of 4(4 points, only u ameM nart of which was recovered. Nlanaara tm oi cow jersey va me-tjannon sug. spectacular feature, reacting aooui is clover Mill points from Its high of tne morning and forfeiting nearly half of last weeks gain, other industrials, as well as rails and specialties, recorded lowest prloes of the session In the active selling of the final hour. In point of fact, the reversal was attributed more to technical conditions than to developments dealing with the disarmament conference. The recent rise of various speculative Issues rend ered the market vulnerable to bearish pressure. Tomorrow's heavy disbursements of liberty bond Interests were anticipated In today's money market. Call loanB opened at 6 to per cent easing to 4Vi at midday and dropping to 4 per cent In the last hour, interior nanus again bought liberally of the shorter ma turitlea and commercial paper. For eign exchanges were preceptlbly strong then as a result of the news from Washington. Sterling rose a full 3 cents and leading continental rates were higher by 6 to 20 points. Real ising sales had a mnrked effect on prices of bonds, most liberty issues nnd the domestic list generally easing. The only noteworthy exception was among local tractions which were strong on better refunding prospects. Total sales, par value, lls.Si.O.OOO. tioslna stock 1. 1st. gsla Ik lso'j llrtM Lena) .13 45',, 4fiH 3 : Sfi 31 30 1 137'i 130 84 53 1,2 ' 3 97 36 3 0SH l3 id 3d 32 34 40 H 311 '1 124 i.'t r.24 103 3Hi 321. 1 Ills. 11114 110 70 7 43 4214 BOUTHF.HW HILL STOCK!. tuotia n I I Dlckus sue eoapur, !.. C see Oram rim. I C! - Bid. Ask. Acme Spinning Co. .......... 2 Arcadia Mills ..00 .. Alleen Mills M American Spinning Co. ...... .. 100 American Tarn and Proc. Co.. 114 121 Anderson Cotton Mills 67 71 Arllnston Cotton Mills 7l Aragon Cotton Mills (S. O..190 216 Arcade Cotton Mills U Arrow Mills 140 Augusta Factory 42 Belton Cotton Mills 80 Beaumont Mfg. Co 210 130 Blbba Mfg. Co 90 101 Brogon Mill 84 88 Clara Mfg. Co 110 126 Clifton Mfg. Co 126 Cabarrus Cotton Mills 176 .. C'wlck-Hosklns Co. (par $35) 14 16H I'iiadwlck-Hosklns Co. pfd.. .. 100 Chlquola Mfg. Co 180 187 Chlquola Mfg. Co. pfd 78 76 Calhoun Mills 165 Co ZOO 220 P IN COTTON COTTON tf tou are Interested In cotton, you will be Inter ested In our Interesting and valuable Weekly Cotton Review, sent free upon request. We rpecisliie In the - eatitftctory execution : of orders for 10 hales and multiplea thereof, on a margin of $5.00 a bale. Our facilities for exe cuting telegraph orders ara unsurpassed. w suggest that yflti " write for the latest issue of our helpful weekly circular without delay. Oliver & Houghton Mmmbmra American Cotlmm ; mum" Grain CxciWftf 39-61 Pearl St New York Allied C. and P. Am. Beet 8 Am. C. and F. . . Am. C. and V. . . A. It, and U pfd. Am. Int. Corp.. . Am. Locomotive , Am. Unseed ... Am. 8. and II. . . Am. Sugar .... Am. Su. Tor.. . . Am. T. and T. .. Am. Woolen .... Anaconda Cop. . Atchison A. C. U A. , 0. and W. I. Bald. Loco B. and O Beth. Hteel "B" . Can. Paclflo ... ('en. Leather . . Chandler Mot. . C. and O C, M. and 8t. I C R. I. and P. . Coca-Cola orn Products., ruclhle 8teol . . uba Cane 8. . . , ''.nd't-Johnson . Krla... . t FamouB Players. (len. Asphalt . . . Oen. F.lectrlc . . len. Motors . . . 1. N. pfd ....... l. H. Steel , Illinois Central. ins. Copper Int. Harvester ,. Int. M. M. pfd. . Int. Paper Invincible Oil . K.-H. Tire Kenne. Copper . . and N Mex. Pet M. 8. OH Mldvale Hteel . . Missouri Pacific. N. V. Central . . . N. Y.. N. H II.. N. and W North. Pacific . , Okla. P. and R. Pacific Oil Pan-Am. Pat. .. Pennsylvania . . Pure OH Heading Hep. I. and 8. . . Koyal D., iN. Y.. St. L. and Ban F. S. A. L H. A. L. pfd Hears-Uoebuck . Shell T. and T. . HI n. o. and It. . . S.-H. 8. and 1. . . So. Paclflo So. 1!y So. Ity pfd S. O of N. J. pfd Stude. Cnrp Tenn. Copper . . Texas Co Tex. and Vac. . . Tobacco Prod. . Trans. Oil . . Pnlon Pnclflc. . . I'nltcd Fruit . . U. 8. Food Prod.. P. 8. Ind. A I IT. II. Stores U. 8. Huhher . . . 1!. 8. Nteel P. H. Steel pfd. . 1'tnh Copper . . A'ahanTuiii TVrp'. V Vlr.-Car. Chem.. W. U West. Flee Willys-Overland Total siilew. Of 70 21 107 300 23 273 11 116 38 18 11 14 16 67 00 34 80 8 40 272 22 134 Vs 142 U 11 14 82 'A n f.7V4 474 66 23V4 32 "4 8H 80 is 65 74 75 -.12 Vf -64 V CMM 454 284 30 '4 130 53 aH 1.3 4 33 30 '4 534 32 nits n 42S 86 85 81 i 08 '4 36 64 Climax Spinning Co , Crescent Spinning Co. ... Columbus Mfg. Co. (Oa.).. Converse, D. K., Co Dacotah Cotton Mills Darlington Mfg. Co Dixon Mills Drayton Mills . . ; Dresden Cotton Mills Dunean Mills Dunean' Mills pfd ........... Durham Hosiery pfd Durham Hosiery "B" bastern Mfg. Co. Eagle 99 31 03 53 114 114 114 32'4 3" SI 46li 53 21 83 38 '4 87S 62 7 72 -12 63 62 133 It '4 .117 46 53 22 82 38 . 88 62 7 74 -11 83 62 133 11 30 06 8- 78 61 66 10 41'. 24 72 72 98 38 640 117 m 14 18 -26 6 10 3 72 24 13 9 6 I" 05 36 76 60 64 10 40 23 107 112 113 4 14 05 38 78 60 64 10 40 23)4 76 2,14 221 17 36 41 60 161 4 2 105 3 48 62 36 3 70 60 61 22 3 66 30 24 24 18 72 13 06 76 3 44 49 35 35 60 40 40 22 3 66' 38 23 78 18 44 79 10 44 112 74 47 22 611 0 (t 123 122 4 118 117 15 11 11 46 51 49 83 1 1 3 24 18 72 13 96 76 3 44 60 86 86 69 40 .60 22 8 6 66 38 23 35 79- 18 44 e and Phenlx (Oa.) Kflrd Mfa. Co Enterprise Mfg. Co. (Oa.).. Erwln Cotton Mills Co...... Krwln Cotton Mills Co. pfd. Flint Mfar. Co. .. Oaffney Mfg. Co. 73 (Jlhson Mfg. Co. 175 Olobe Tarn Mills (N. C.) 60 Grace Cotton Mill Co Gray Mfg. 4'.o 200 Olenwnod Cotton Mills 100 Oluck Mills Greenwood Cotton Mills ....172 Orendel Mills (Iranltevllle Mfg. Co 140 Hamrlck Mills 120 Hanes, P. H.. Knitting Co... 12 Hanes, P. II. Knitting Co., pfd. 07 Hillside Cotton Mills Oa.)..250 Imperial Yarn Mill (N. C.) 145 (nman Mills 80 Inman Mills pfd 00 Jennings Cotton Mill 210 .1 lldnoil Mills 240 Jlldson Mills pfd OH King, Jno. P. Mfg. Co 125 Lancaster Mills 185 Limestone Mills 120 Lin ford Mills 85 Lola Mfg. Co Locke Cotton Mills Co 108 Laurens Cotton Mills 100 Marlboro Cotton Mills 69 Mills Mill Monarch Mills (8. C.) Mollohon Mfg. Co. ... Myers Mill Myrtle Mills National Yarn Mill ... Newberry Cotton Mills Mnety-Blx cotton Mill Norcott Mills Co Orr Cotton Mills Orr Cotton Mills, Parkdale Mills . Pacolet Mfg. Co, I'acolet Mfg. Co. Pelier Mfg. Co. Piedmont Mfg. Co. (8. C). Perfection Spinning Co Pelham Mills Panola Cotton Mills ..... .v Poe, F. W.. Mfg. Co Poinsett Mills Hanlo Mfg. Co Hex Spinning Co Hex Spinning Co. pfd Ridge Mills Itlverslde Mill (Par $12.50) . Riverside and Dan River... Kowan cotton Alius co Hockyfaee Spinning Co Rhyne-Houser Mfg. Co Saxon Mills -. Seminole Cotton Mills Co. .. Sibley Mfg. Co. (Ga.) , Spartan Mills Sterling Spinning Co Superior Yarn Mills Toxaway Mills I Par S26.)... tminn-iturraiii Mills Pnlon-Huffalo Mills 1st pfd. union-titinaio mhis 2a pta. Vlctor-Monaghan Co Vlctor-aionaghan Co. pfd... Victory Yarn Mills Co Wars Shoals Mfg. Co waits Alius Watta Mills 1st pfd Watts Mills 2d pfd Wlnget Yarn Mills Co Wlscaaaett Mills Co. Wllllamston Mills Woodside Cotton Mills Woodside Cotton Mills Woodruff Cotton Mills Prospect For l.lmltatlosg of Naval Armament Vntm Prices Up Nearly One t.'ent -Onod Part of Advance Lost Close go to 40 Points I . New York, Nov. 14. Optimism over the prospect for limitation of naval armaments was '.considered responsible for an advance of nearly a cent a pound In the cotton market during to day's early trading. January contracts sold up to 16.92, or 84 points above the cloaing quotationa of Saturday, and December did even better, advancing to 17.10, or 95 points net higher. After tha more urgent demand from shorts had been supplied, however, the mar ket showed a lack of any good gen eral demand from the trade or fresh buying for long account and a good part of the advance was lost with Jan uary closing at 18.41. Tlie general market closed steady at a net advance of 20 to 40 nolnta. , The opening was firm at an advance of 13 to 27 points on tha over Sunday newa from Washington, and covering was stimulated by talk of smaller crop estlmatea and expectations that tomorrow s report irom me census bureau would show heavy domestic consumption for October. For a time tne Duying was very active ana gen eral, sending active positions about 65 to 95 points net higher with March selling at 16 95. Most or me aemana created oy ine hone of a successful outcome of the arms conference was attributed to cov ering by recent sellers, npwever, ana soon as too aemana irom snorts became less active, the market showed signs off hesitation. The break later in tne urv was promoieo oy repon of an easier or unsettled late tone In the slock market and Wall street sell- na wh en whs absoroea nv - iurtner local covering and foreign buying on a scale down. . , . It Is reported that me statistical bureau of a prominent exporting In terest estimates the crop at 7,150 000 bales, which seemed a very bullish figure as compared with the 8,000,000 bale estimate 01 last. ween. r-rivnie r.i,irn. or, KfiM to Indicate domestic mill consumption of 638.000 bales for October, compared with 460.000 for the same month laHt year. The census reoort on consumption is exnacieu at the opening tomorrow. E Dec. Jan. ill MKr- 2bf May 1 July 101 c 111 111 73 73 9 45 22 59 8 30 87 47 6 41 49 4H m 12 .!.6. 311 9.000 slut res. :8 87 46 6 0 46 22 69 8 122 117 11 41 49 41 81 113 ...I16 31 28 87 40 V 1VKVV IOHR HUB LIST. (Br Utfi Wirt to lullr N.w. I New York. Nov. 14. Following are hid and asked quotations on the curb Hid. Asked limine Oil an Dr. H. A. Schiffman Optometrist Hour; 9 to 12; i to 4. And by Appointment 226 1-2 a Elm St Huston and Montana 90 Consolidated Copper 1 livls-laly 6 Federal Oil 1 (lleurock Oil .......11,,,, 1 Magma Copper 21 ' Mn rural l.o oil 24 Merrlt.t Oil 11 Midwest Refining 155 Northwestern Oil ... 16 Slmnis Petroleum 8 Skclley Oil 6 swirt international 12 P. S. Steamship 29 United Retail Cnndv 6 t'klraao Cars. Armour leather com. ..... 12 Armour Leather pfd ..... 83 Armour Packing pfd 03 Cuduhy Tacking 60 Llbby and Co , 7 National Leather 8 Swift and Co. . Pnlon Carbide pfd. pfd. .10 11 ,237 26 , 82 9- , 65 7 . 70 I . . . D .100 10 J7 pfd.. NEW VOHK nOKD LIST. (Itj Aswtatel Fna.1 S. t'ty registered 8. l's. coupon 8. 4's. registered .100 100 1114 45 YVahl M 40 92 I 7 1 1 '1 IS" 20 8 6 22 30 6 13 4 03 61 1 3 J 00 46 63 U. 'J. U, u. 8. 4'a, coupon ...104 I'snama 3's, registered 76 Panama 2's. ooupon 76 American 8. and R. 6's s4 American T. and T. cv. Bfl loft Atchison general 4's H2 Atlantic coast L,uie 1st 4 s 8- italtlmore and Ohio cv. 4'a 73 Bethlehem Steel ref. 6's Kg Oen. of Georgia Consolidated 6's.. 8S Central Leather 6's 93 Chesapeake and Ohio cv. 6's 89 C, M. and St. Paul cv. 4'a 61 O.. R. 1. and Pac. Ity. ref. 4's 71 Col. and Southern reg. 4's 81 Den. and Rio Grande consul. 4's. . . 70 Ussb f-a-edK-'B"ftMt-r -rrrrr. . 91 Krle general 4's 4:1 Illinois Central ref. 4's 80 int. Merchant Marine 6's Mil K. C. Hoilthern ref. 5's 811 Liggett and Myers 6's S3 Louisville and Nashville un. 4's.. 8;i Missouri, Kan. and Tex. 1st 4's.. 61 .Missouri Pacific general 4's 6S N. Y. Central deb. 6's ', Norfolk and Western cv. 6's.,.,lo:i Northern Pacific 4's 81 Pennsylvania iremfnrt- t's-rTT-rrT"-!H Reading general 4's 7f Republic I. and S. 5's 1 19401 81 St. L. and San Fran. nil). 6's 6 Seaboard Air Line adj. 5's II Southern Hell Tel. 6's 81 Southern Pacific cv. 6's 9: southern Railway 6"s .......'..,,. Si Southern Railway general 4's .... 61 Texas and Pacific 1st 6's 81 Cnlon Pacific 4's ; 8! United Kingdom of G. B. and I, S's (1937) 9 tT. 8. Steel 6's 91 Virginia-Carolina Chemical 6's... !! Wabash 1st 6's .' 9 W llson and Co. cv. 6's Opened. High .. 16.30 17.10 .. 16.27 16.93 .. 16.38 .. 16.25 15.90 l,oy. 16.951 10.9D' 1 1B5 jytllet Rat. Close. Close. ln 16.65 10.16 'ti.25 16.41 18.08 18.30 16.43 16.10 15 16.28 10.06 15.85 15.90 16.70 middling n.ou. Hpot cotton Port-movement Of fjottoa. Reports That Korelgaers Ara TrylaaT To Hesell United Stales Wheat At Cur rent Prices Puts Wheat S To SH Lower Cora and Oats Lose. Chicago, Nov. 14. Reports that for eigners were trying to reaell United States hard winter wheat at prices equal to those current for Chicago De cember delivery did a good deal today to cause loss of strength In the wheat market here. Prices cloaed heavy I to 3 net lower, with December 1.06 to 1.05 and May 1.0 to 1.09. Corn lost to ; oats to Open WHEAT: Dec. May corn: Dec. .. 46 May .. 63 OATS: Dec. .. 22 May .. 37. PORK: Jan LARD: Jan. ,. 8.80 May .. 8.80 RIBS: Jan. .. 7.10 May casn grain: .. 1.08 .. 1.12 High. Low. Close. 1.10 1.65 1.06 1.14 1.09 1.09 47 46 48 53 62 62 33 92 82 87..- J7 13.60 8.40 1.26 .27 8.80 1.65 8.70 7.10 7.07 7.07 7.47 hard, 108 No. 2 CHAHI.OTTK ('OTTO M AHKKT Imlil CiHi It Dallv Son. Charlotte, Nov, 14 Charlotte cotton market: Receipts today Iti bales; price ilia usuia. i I 87 Foreign Kxehange. New York. Nov. 14. Foreicn ex change strong. Great Britain, demand j.i'o, cables 3.98, so-aay bins ot banks ,1.93. France, dosnand 7.29, ca hies 7.30. Itnly, demand 4.20. ca bles 4.21. Belgium, demand 7.01, ca blea 7.02. Germany, demand 39. ca hies 40. Holland, demand 34.84, ca bles 34.90. Norway, demand 14.30. Norway, demand 14.30. Sweden, de mand 23.10. . Denmark, demand 18.45, Swttxerland, demand 18.93, Spain, de mand 13.85. Greece, demand 4.12. Ar. genttnu. demand 32.8". Uraxll, demand Is.Ufc. Montreal. 911-19, rleans: Middling. 16.25; re- eipls. 14.549; sales. 690; stock, 433.954. Galveston: Miaonng. ll.uv; receipts, 10,211; sales. 711; stock. 469.475. Mobile: Middling, is.no; receipts, sis; sales. 288: stock, f9,394. Savannah: Middling. I8.no; receipts, 4.204: exports, 858; sales, 2,580; stock, 194,340. ' Charleston: Receipts, ms; exports, 1,527; stock, 189,105. union: Miaanng, lo.uu; re ceipts, 729: stock, 28,834. Texas cny: stocK, s.bsj. Norfolk: Middling, 16.00; receipts. 2,648; sales, 1,100: stock. 110,7o3. Haiti more: Stock, 3,371. Koston: Middling, 16.70; Stock, 6.800. Philadelphia: Receipts, l.soo; biock, 10,604. New York: Middling, n.on; receipts, 37; exports. 2,458; stock. 120,963, Minor ports: Stock, 3.0S7. r Total Unlay: Receipts, 33,173; ex ports, 4,841; stock, 1,586,803. Total for week: Receipts, ob.ubi; exports, 38.616. Total lor season: Receipts, z,D'JB,io; exports, 1,974,904; Interior Movement Off Cotton. Houston: Middll ,K. 16.65; receipts, 30,634; shipments, 15,113; sales, 4,104; stock, 275.838. Memphis: Middling, 18:00; receipts, 3.694: shipments, 7,877; sales, 600; stock, 271.411. Augusta: Middling, 17.75; receipts, 2.145; shipments, 244; sales, 179; stock, 148.996. St. Louis: Middling, 18 06: receipts, 6,059; shipments. 6,674; stock, 25.467. Atlanta: Middling, 17.15; receipts, 913. Little Rock: Middling, 17.60; stock, 40.810. Dallas:. Middling. 16 00; sales, 2.437 Montgomery: Middling, 16.63; sales, 98. Total today: Receipts. 38,446; ship ments, 29 8H8: stock. 771.321. COTTON CI,0tKN AT (iOOII NET UAINATNEW ORLEANS New Orleans. Nov. 14. The trend was strongly higher In the early part of the session In cotton here today but the late trading brought new selling of consequence which pared the gains down materially. At the highest of Ihe day prices were 73 to 95 points over the close of last week, while last prices were at net gains of 38 to 41 points. December traded ns high as 16.32 and closed at 16.85 cents a pound. The main buying feature of the ses sion unquestionably was the bullish construction placed on the opening event of the conference to limit arma ment and for a while this construction outweighed anything and everything else that could be brought forward. Liverpool whs much better than due and It helped to open the market at a higher level. Another bullish factor was the report that a private crop re porting bureau had come out th n rot) estimate of 7.160.000 bales. Shorts covered on the opening and for sometime after In a large way and ht this covering movement, according In. .Uio...usslp..nf ...t,hn.. market, -.wslen traders were most prominent. Prices went to their highest in satisfying this demand for covers. In the afternoon buying pressure subsided nnd bearish traders commenced to feel of the mar ket again. Htivers withdrew snd nt one time the advance - amounted to only about 15 to 2(1 points, December trading to 15 60. .lust on the close the market stesdled Again on expectations of large Ainertcan consumption figures in toe renort to ne tssuea tne nrst rtttnir ttrmnrrow mnrntner uy-tTte-Tsnsug oureau. 'nils report was originally scheduled for this morning but was postponed one day. Open, December ... 16 60 .1 unitary .... 15.63 Mnrch .v. . 18.66 May 15.42 Julv 1513 Spot cotton quiet; middling. 16.25, Llvernool Cotton. Liverpool. Nov. 14. Cotton, snot quiet; prices easy. Good middling u .to; rmiy middling i.; miouitng 10.50; low middling 9.20; good ordinary (.in: ordinary e.70. sales, o.uuu oaies, Including 4.500 American. Receipts, 1.100 bales, sll American. Futures closed steady. November, 10.60; Decem ber. 10.68: Jsnunrv. 10.67: March. 10.48 May. 10.41; July, 10.82; September, 10.09. . WheaXNo. 1.08191.11: corn. N6. 2 hard. 1.11; No. 2 mixed, 47648; yellow, 4748. Anninoi stock i.mt. (Br Uue) Win to Dslli Item. I New York, Nov. 14. Following are closing prices on additional stocks: Allls-Chalmers 35 American Cotton Oil ,.r. ,m,-,T 23 American Hide and Leather 11 American Zlno and Lead ..- 9 Beth. Steel 7 per oent pfd ....... S3 Beth. Steel 8 per cent pfd 102 Butte Copper 4 C. M. and St Paul pfd 86 Chicago and Northwestern 68 C, R. I. and P. 6's 68 i .. it. t. ana p. n so Chile Copper 12 Consolidated Textile Corp.. 16 cosaen ana co ts Cuba Cane Sugar pfd 17 Famous Players-Lasky pfd 80 Freeport-Texae 13 uenerat Motors per cent aeo. . . . 7U Goodrich Rubber Tire 31 Houston on 79 Lackawanna Steel 40 Missouri Pacific pfd 42 National Enameling and Stamp... 30 New Y'ork Airbrake 60 Otis Bteel v 0 Pere Marquette ' 18 Plerce-Arrow ... 13 Pierce Oil 7 Submarine Boat 4 United Ry. lnveatment 8 United Ry. Investment pfd 20 II. 8. Cast Iron Pipe 16 Virginia-Carolina Chemical pfd.. 74 Vlvadou, Incorporated 6 White Motora 37 White Oil - 13 BALTIMORE! UKAIN AND HAY (Br Usssl Win U OalLr Nan.) Baltimore. Nov. 14. Wheat No. 1 red winter spot, no quotations; No. 2 red winter spot 1.13; No. 3 1.08; No. 2 red winter garlicky spot 1.10; Novem ber lieat 1.10; December 1 11- corn cod corn oia yellow auotea at 2. 40(92. 46 per barrel; contract corn spot 56 nominal; tract corn yellow, No. 2 or better old. domestlo 64 asked. Oats White No. 2 43 per bushel; No. 8 40W41 per ousnei. Hay Receipts 21 tons: demand Is limited and small receipts ample for trade requirements at lB.uo to zi.uo, BALTIMORE PRODUCE (Br Uued Win to Dslli Kml Baltimore, Nov. 14. Eggs Native and nearby strictly nrats doien ss t soumern os. Butter Creamery fancy pound 46 47; prints 4748; nearby creamery 42 43; ladles 3032; rolls 2830; store packed 27038; dairy prints 28 4( 30; process butter 3536. tiltKK.NSBOHO COTTON. Spot cotton was quoted by Rucker Warehouse corporation yesterday at 17.60 cents. Chicago Cattle. Chicago, Nov. 14. Cattle: Beef steers above 8.00 steady to strong; spots higher; others slow: steady to lower; top choice 1,167 pounds 11.25; no oth ers in load lots above 10.00; choice prime heavies 1.604 to J.6S0 pounds 9.25; bulk beef steers 5.758.60; she stock higher; bulls mostly steady; calves 25 lower; bulk good - vealers 8.60; stockera and feedera steady to 25 lower. Hogs: 26 to 36 lower man Satur day's average; shippers bought about 12,000: closing wean; noiaover moaer ate; 160 to 160 pound averages up to 7.25; bulk 6.60W7.60; plga 10 to 15 low er, bulk acsirauies i.mwt.8.1. Sheen: onenea around z. lower; closing, strong; few late sales fat amps steaay wnn lasi wees s close; top fat lambs 9.25; bulk 8.75QH.00; -ackers lop rat ewes lew to city butchers 4.50; bulk 3.2504.00; feeder anibs firm top 8.35. ef New Yora; Drygoods. Now York, Nov. 14. Cotton goods were aenerailv quiet today witn gray goods somewhat easier and yarns con tinuing to snow a soriening lenaency. Raw silk was nrmer anu nigner. ine strike of garment workers has In creased the quiet In dress goods and cloaking lines. Men's wear lines were quiet save for immediate shipment on overcoatings and heavy tweeds. Bur laps were easier in consequence 01 news of large shipments from Calcutta. Calcutta mills reported talk ot Increas ing. tn.jr..J.ttnwng..Unin...M n.ve..aay. a. weea. Cottonseed Oil. New York. Nov. 14. General liquida tion Induced by slow trade demand and the weakness In lard, carried cotton seed oil off 22 to 25 points. Covering operation's rallied the list somewhat before tne close. Net losses were iu to 17 noints. Sales 35.700 barrels. Prime crude 8 75IS-7.00; prime Bummer yellow snot 7. sows. 36: December s.ev; Marun s.anj amy n.titi, an Dig. held its regular meeting Sunday night with MIbb Clara Farlows aa leader. The following program was rendered: Recitation, Mlaa Farlowe; readings, Mlsa Annie Thomas, Mlas Agnes Stelle, and Clint Loudermllk. The subject, "Can Ws Dae Social Functions in Get ting New Members," was dlaoussed by several members of the class. Willard Wade also made a very Interesting talk on "Does a Christian Have Any Spe cial Work to Dor' Solo. F. E. Louder mllk. After discussion of other things of Interest for tha benefit of the league, tha meeting was dismissed by leagua benediction. "Mrs. A. C, Malvin, who la III at her home in Bessemer, is reported some what improved. Miss Margaret Grady motored to Virginia yesterday to visit friends. Miss Ruby Causey, of Bessemer, spent the week-end at the home of Mies Nov I a Causey, near Alamance school. Mlssea Edna Dixon. Emma Shaw and Bessie Dixon motored yesterday to High Point Where they visited frlenda. Misses Flora Wawson, Agnes Stelle, Clara Farlowe, Paulina Dawson, Mary Dawson, Robert Loudermllk and Grady Dawson motored to the Dawson'a old home place Sunday afternoon near Brown Summit. Miss Eatelle Whits apent tha week end with Miss Lydla Fitch at her home, 242 Eaat Washington atreet Mr. and Mrs. J. C. Medlin, Loyd Mock and Miss Nellie Medlin motored to Graham Sunday and apent sometime with Mr. and Mrs. J. A. Forelinea. Claud Whlttington, of Chapel Hill, was a visitor in Bessemer Friday. Ben Calhoun and Charlie Albright were visitors in Bessemer Saturday. Leonard Holder has come from Char lotte to work on the new county home. Carl Bunting and Ruaaell Aired mo tored to Pleaaant Garden to visit frlenda Sunday. Dewey Ellis apent yesterday In White Oak, with old frlenda. Mlsa Myrtle Dodson spent tha week end in Roxboro visiting friends'. L. C. Sykes moved today to his new bungalow on Sykes avenue. . Burke Frayley motored to Winston- Salem yesterday to visit friends. Tom Cooke was a visitor In Graham Sunday. Lonnie Sprinkle, of Bessemer, is spending a few days in Winston. Jim Ross and Lee Walker went to Charlotte Friday on business. M. H. Kelly has returned to Char lotte. Paul Shields, of Bessemer, ia suf fering from a broken arm, the' re ault of a kicking Ford. .' . Liberty Bonds. ' New York. Nov. 14. Llbertv bonds closed: 8's. 95.14: first 4's, 94.60, bid; second 4's. 94.60: first lU'i. 84.60: sec ond 4 'b, 84.62; third 4's, 96.80; fourth 4's. 94.64; victory 8Ta, 99.70; viotory 4's, 99.72; ' Filipinos Like the Law, (CorriDOOdiilct Awelltod Prask) Manila, P. I Oot 10. One hundred and fifty-six more lawyers. Including three women, were authorized recent ly by the supreme court to enter prac tice In the Philippine Islands. Out of 560 candidates who took the examina tion before the court, 166 passed. W. McC. Neale, M. E. P. O. Box S51 Phraa SMt . CON9ULTIHQ MECHANICAL KXGINEEB Maehlae aa Mill Design filLBERT C. WHITE CO. la Orsraalsatloa of Civil, Meekaaleak, ICleetrieal asd Cheaalea! Km lasers DURHAM. N. C. . WATER WORKS. POWER PLANTS. TKBBTS. bOADI L. V. Edwards, C E. Loasnltlng Engineer WIJTON-Al(EM. . 0. Streets and Hlghwaya Sewel ami Water Systems GeneraJ Engineering W.W.DICK Heating Contractor t Estimates furnished on steam, vapo and hot water heating, anywhere in North Carolina. MS Bellemeade, Next to Dixie .. Apartment, rucker & Company Cotton Merchants GREENSBORO. NORTH CAROLINA MEMBERS New York Cotton Exchange New Orleans Cotton Exchange IIKilllKaG!kH i " NEW BANKING HOURS In order to afford a better and more convenient . . service to Our patrons, this bank is now , Hiah. Low. Close 1S.S3 16.60 16.88 1848 1SS3 IB. 03 18 IB " 18.85 " 15.91 18.27 15.4J 15.75 15.75 15.13 15.43 Mew York Money. New vnrk. Nov. 14. Call money weaker: hlsli, 51-. per cent.; low. 4; rul ing; rate, 5; closing bid, 4; offered at 4 4: last loan. 4 per cent. Call loans against acceptances, 414 per cent. Times loans steady: 60 days, bti,,1 ner cent.; HO flays, Meiltl per cent.: six mouths, f. t a 1 i per cent. lrlme luttrcaulile paper, eitwsta per xiauL Open Daily From 8:30 a. m. to 6:00 p. m. Four Per Cent Interest Paid On Savings Deposits Farmers and Mechanics Bank and Trust Company Cor. Elm and Fayetteville St.. . , Greensboro, N. C mcuit: mmm; V 1 llll!mlWlB The Columbian National Life Ins. Co. Boston, Mass. Non-Particlpatlng Low guaranteed rates. Strong In excess security to policy holders. Excellent territory. Liberal contracts with renewal commission for men of ability. Geo. T. Cochrane, General Agent, Greensboro, N. C - Room 802 Ho. Life and Trust Office Building Snvannnh Naval Stores. Savannah, (ia.. Nov. 14. Turpentine firm. 72i'72Vj: sales, 235: receipts. 454: shipments, 272; stock, 10,815. Kosln Drill ; sales. 858: receipts. 2.048: shl ments 1 tl : stock. 90.279. Quote: H. W, K. H, I, 4.16; K, 4.T0r M, S.10; N, 6.80: AVI. 8.40; WW, 5 80. Sugar and Coffee, New York, Nov, 14. Raw sugar quiet and unchanged at 4.08 to 4.11 for cen trifugal. Kenned unchanged at (.20 to 5.80 for fine granulated. Spot coffee quiet; Rio 7's 8; Santos 4's 119 124. . NEWS FROM BESSEMER. Home E co sarnie Class im Cilve Shew Friday. November 18. (Bp"til la litlli ani Bessemer, Nov. 14. Tha home eco nomic class Is preparing a play for Friday night November 18. "Maidens all Forlorn." a comedy In three acta There was a memorial service held at Holt's chapel Sunday. November 18 for Bishop Walter R. Lambeth. Mrs, O. W. Dawson gave a reading on the works jf the bishop. 1'ha Bpwerlu league of iloll's ohaval Geo. G. Scott. C. P. A. Member American Institute of Accountants Walter Charnley, C. P. A. Member American Institute of Accountants Scott, Charnley and Company ' Certified Public Accountants 104 North Elm Street Greensboro, Jf. C. Clrlsens' Bsak Building .i.. Raleigh, N. C. American Trust Co., Bank Bldg., Charlotte, N, C. Loan and Rxchange Bank Building Columbia, 8. G. The House and Lot You May Want to sell tho other fellow may want a Want Ad in tho' Classified sob-., tion of tho Daily News might be the- Ineana of bringing you together. If yon have s lot or automobile or anything else to sell try t "For Sals" In the Daily News they bring results. Greensboro Daily. News Phone 1000 Member Of Associated Press The Associated Press la exclusively entitled to tne aae for r.pucllcatlon oi all news dispatches credited to It or not otherwise ore dt Led to thle paper and tlao the "cal newa publlabed Herein. aUI rlxhta of raoubUoaUoa of aueclal aunatenas Herein are also reserves.
Greensboro Daily News (Greensboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 15, 1921, edition 1
14
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