Newspapers / Greensboro Daily News (Greensboro, … / Nov. 19, 1921, edition 1 / Page 12
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GREENSBORO DAILY, NEWS. SATURDAY, NOVEMBER 19, 1921 12 STOCKS UNSTEADYAND BRINGING UP FATHER BY GEORGE MM ANUS (Vf ,OLLX FORGOT ALL ABOUT VOO t,0 Af FAST AfJ fOU CAM . A.t THAI LETTER HAt TIC K.C Tt TO THC OPE. IM IT FOR TOmiomT NOT A TAXI TOOE HAD I'LL HAVE. TO RUN ALL. THE VAX IT'S NE.ARX.H DIDN'T ! TEL U XOU TWO HOOWb AO TO TAK ' THAT LETTER ON XOUR Bearish Opinions Hurt Trices, But Somt Stocks Register Fair Advances SPECIALTIES ARE STRONG 1 r Umm mw to (kin ft0 N VrH, Nov, U OmiMttlnir in fiunt wr ttrvntmt t lixUy'n utmtk Tei akg. waiting ro the n C E ICHT OCLOCX MACilELL KILL Mt IF THtf Mltb IT V I L L. BE ON. THE; t)HOW- c r- r : V. Ill', ii ii --m ; I Ml WM IN A market ami rioa nwlnarn rrtPtd th wun oonfUKtun of Miulmoittn that nn bn uon a marx-xi itiiaranuriiiufl or rohl utMMtlon, ..Won the onntn quit a ttumbtf of barUh opinion var in tlfHilatlnn. TIi wr dhnxi chUlty tin tli rpJ'tion tiv th hmim oi th rrlUnfi atirvat Ion for a 40 ?0t ent timxtmum nurtAX and ad op Ion of th 60 ur oant rata. In ml ill tloit to Mil lh apuaaranon of oounter dmaiidn at Ui dtaarmamtnt oonrw enua irava la tnauurairmn. for (ht apriy adoption of a oonort program. Contfliurabl lntarut also wm attHOhad to th 1dra ot Judy Gary hfor th Amarloan Iron and Btl tnatltiitt, and th portion of th apaaah thuC nvarnad to b moat tmpreulva wrI t)i Utanitnt that, whIU tol ordarg had doubled ovr tha ront low ruu, tlx proflti wr "till littU or nothing. In pita of raaatlona her nnd tha re, tha markat nva an appearance of Armnaaa. and In many cartua, atronKth Marina prafarrad ran up aharply on re- -orU oJroulatad, but lutar denied, of arvo paymantfi by tha ahlppliiK board. Among tht ol la tha I'loruo oil laauea Wara atrong. Chuaapeaka and Ohio ad vanaad In raaponaa to the dividend restoration and various apeolnltlea ran up -sharply. Anionic thaaa ware Da vison Chmilcal, United Fruit, Ameri can Telephone and Telegraph and Fed eral Mining and timelting preferred. Crucible aoted best of the steels largely na a result of tha helpful statement la sued by tha president of the company. "MONITOR"' M ALL HTHF.KT OOH,SIi- (ftr Uux) Wirt 10 IHIly Nwi,i (Cepntjfci, lim, br rtUlwWpbL fubiio Urfear.) New York, Nov, 18. Resumption of dividends by Chesapeake and Ohio ware rather clearly fndloated by yes terday's aotlon In tha cane of Hooking Valley, Announcement, therefore, that the directors had declared a dividend of 9 par cent, payable January 2, merely came as a confirmation of recent hopes. Further reductions in rullroad raea will ba postponed by the carriers until these are warranted by wage reduc tions. At leant this Is Indicated by the nnnounoement from the Assoulatlon of Hallway Executives. At the same time railroad management holds forth a most tempting Inducement for wage ruta to be aanntlonad by the labor board in the form of rato reductions 'lhat would aggregate about $300,000, 000 annually, in addition to the $66,000, 000 resulting from the out in grain rates. United Rtates Industrial Alcohol re sponded to the announcement of the panning of dividends by a break of 3 points, thus Indicating that the action or the directors had not been fully discounted. In view of the bualness de gression and the effects of prohibition on the fortunes of the company, the .atret Is not at all hopeful about the prospects for an ad v unco In the stock. One of the strongest iasuos today was International Mercantile Murine preferred, which advanced more than 4 points on the reports that payments aggregating $36,000,000 by the shipping hoard wore under favorable considera tion. A quietus was given to then ru mors by official of the company, who said that, except for a relatively small balance, International Merarnllp Mil " rlne had received payment on all of Its claims nganlst I he government. I'll is announcement caused a moderate setback from the hlnh, but the stock name back mthnr strong on the close, irobably on professional short enver n g. MON 1TO It. C B. WVANM CHICAGO 1F.TTWR (By UumI Win lo lull. Ni.) TptHiHI, JUil, by r&UtdelphU Public Ledftr.) Chicago, Nov. 18 The Mitchell Mniors company works at Knclne, Wis., ha suspended the manufacture of aulomobilea because of a largH number on hand that the public does not want. This L'ondltlon. while unsatisfactory, Is , much bettor than that In which the company found Itself at times In the past year or two. when it had a large amount of floating debt which It was unable to meet promptly. At the pres ent timn "the company m declared -on high authority to have cleared up all that debt and to be In good thumcial condition. It Is now a cjuchUou nf waiting fur a turriv in the niankot that will take up ttioHc cars, and that is I expected to come In the apring of next year. A reason for the utiHalabillt y of these cars in the one which applies to many other, that Is, prices arc In trocess of reduction and the buyers u many instances hold off In tho ex pectation of still lower Jiguros. The company Just placed on tho market a new motor which la said to ba of ex- ' This is another reminder of the fiff-t 1bHt the liquidation that was going on at such a rantd rata In the earlier imrt of this year is still In nroicrcHH. The necessities of the National heather rnmpuny, also n Chlcngo specialty, are another examntn. It Is known to tin vlio get on the Inside of these thinpH that there are many other Incidents of the same wort in nroNiiect nutkinu the period from the present time to aitouL ine nnnuie or rcoruarv a erm cal period. We nre nearlng the shad ows of Itecemher and the settling ujbJ process of the rL two months of year. Authoritative men, tl tiding much satisfaction In the quickening of busi ness that has already occurred nnd deprecating a charge nf pessimism n its Inst theni, ettil utter the word of earning In rrcitrd to what may happen In the next three or four months, nt the same 1 1 me predicting that the country will como out of its trials in Od Bhnpe C, Ti. KVANH, Liverpool Cot tun. Liverpool, Nov. IS. Cotton, spot In limited demand; prices easier. Good mlddlluir 10 .80: fu v midd ing 10.40 middling iO.OO; low middling 8.iQ: good ordinary ti.tH.; nrdlnarv 6,1!0. Hales 6.000 bales. Including 4,300 American. Kecolpts 14.100 bales, all American 'uturen cloned unlet, November 9 '.ifl Jieeemhcr 9.!t7; .lanuary 10,03; March 10.M4; May 10.07; July 10.04; Beptom her 9.8 U ; New York Money. New York. Nov. 18 Call money stronger; high S1: low 4H; ruling rate 4 W ; closing bid ft , ; offered at : last Inun call loatiH tigalnst acceptances 4. Time loans euNler; 6o days ftSi';Mi; HO days dtrn V ; fi months 6U f6 Trlnio mercantllcjgapnr UfybM, 1921 by Ini t flAimi Stnvict Inc TEb-THft HOLX MACKEREL'' THE KATZ I FER40T THE -J REMDENCE' LETTER WITH . , THE TICKET )jf ' 1 1111 " HH STOCKS DMA LITTLE Mndvrntc Irlllnw, Hut Iteactlon Br No Mfin UmrraU flume lanu nnnwlns Ntremrth IHonry Murlwc Tihr. liJill Honda wtr.,nr l.llwrttw Utter. Nbw York. Nov. IS. Heieotion by the houae of ropreaentutlven ot Prealdnnt Huriltng'fl nurtax recommendations. .IuiIkb Oary'8 qualified review of In dustrial conrlltlona and auepenalon of the United Htutee Industrial Alcohol dividend were among the developments whloh prompted moderate seuuiK m the stock market today. The reaction was bv no means general, however, as evidenced by the strength of certain Is sues In the railway, snipping ana metai dlvlBlo is. Chesapeake atid Ohio re sumed dividends and retention of regu lar disbursements by several nf thp Important merchandising compnnles was Indicative of a more confident fueling In commercial circles. Price movements were moat confus ing among oils, steels, equipments and motors, those Issues showing mixed gains and losses at the close. .Special ties of tho paper, leather, tobacco and utility types eased Irregularly in the nsence of recent pool auppori. Kor the first time this week the money market evinced a tighter ten dency, call loans rising from their opening rate of m per cent, to bVi per cent. In the final hour. This was unexpected In view of the easier tone of time funds for the shorter dates. Aside from the firmness of the Lon don rate, foreign exchanges wore Ir regular, leading continental bills re acting slightly and Ctermiin marks showing further weakness on pressure of offerings from London and I'aris. Domestic rails nnd Alexlcnns were the strong features of the bond mar ket, together with utilities, notably the new Issue of the New York Telephone company. Mnsuof the liberty and vie tory Issues also showed Improvement over recent quotations. Total sales. par value, it.kso.imid. :ioalg HToeit ijiai, MM IB ibo i Ruh lwi emm Allied C. and D.. 32 47 4 Am. Beet 8 2 30 WH 2!V4 2t, H2 illlt, 6 13K V4 1,1714 1.17 9 117 r.5 r,m HO 3V, 37 3SV4 r,7 sr. !I4 94 2H 34 V, ,12 3.1 H 4S 41 4014 40114 48 fin 14 fir, rr, rs 32 30V4 32 Am. Can Am. C. nnd F. . . A. II. and L pfd. Am. Int. Corp. . . Am. Locomotive. Am. Linseed . . . Am. H. and R. . . Am. Hugar Am. Hu. Toh. . . Am. T. and T. . . Am. Woolen .... Anaconda 'Cop. . Atchison A. C. I, A., n. and W. I. Ilalil. Loco 1). and 0 Itcth. Hteel Tt". fan. Pacific . . Cen. Leather . . Chandler Wot. . C. and O C, M. and St. P. r It. I. and P.. Coca-Cola (Torn Products 131 111114 lir. v.i us 2fi 47 194 37 32 4S 87 Vi 33" 31 79 44Vi 87 siii 9SVi .17 79 44V4 87V. Rr, 32Vi 96 37 r.5Hi UUTHEKN MILL STOCK!. OuoM By Dlrkaaa tni: CODpior, 1.. C tad Omertlla. B. CI Bid. Acme Bplnnlng Co. 83 Arcadia Mills ....200 Alleen Mills Mnerlcan Bplnnlng Co American Yarn and Proc. Co. . . . Anderson Cotton Mills...... 66 Arlington Cotton Mills ...... .. Aiagon Cotton Mills (S. O..190 tf'Hilr Cotton Mills ATrow Mills Augusta Factory . Helton Cotton Mills ........ .. Keaumont Mfg. Co. 210 nibbs Mfg. Co 90 Hrogon Mills 82 Clnra Mfg Co 110 Clifton Mfg. Co Cabarrus Cotton Mills 176 C'wlck-Hoakliis Co. (par $25) 14 MiHiHvIck - Hnsklns Co. pfd.. Ohlnuola Mfg. Co .130 Chlquola Mfg. Co. . Jfd 75 Cnlhoun Mills Cannon Mfg. Co. 200 Clover Mills Climax Hplnnlng Co 125 Crescent Hplnnlng Co 84 Columbus Mfg. Co. (Ga.) 150 Converse, I. 11. , Co 101 Dacotiih Cotlon Mills ..375 Iinrllngton Mfg. Co Dixon Mills 102 Drayton Mills 47 Dresden Cotton Mills 210 Tlunean Mills 75 Duncan Mills pfd .-. . . 86 Durham Hosiery pfd 87 Durham Hosiery, "B". 25 Kastern Mfg. Co 85 Kagle nnd Phenlx (Ga.) 125 Kllrd Mfg. Co 120 Kllterprlse Mfg. Co. (Qa.)... 85 Ask 53 100 115 70 275 216 Uf 140 42 87 230 101 87 125 124 16 W 100 ' 187 166 220 120 141 87 167 430 90 66 230 96 37 98 176 131 98 Erwln Cotton Mills Co....... .. 275 Krwin cotton mills i;o. piu.. s? Flint Mfg. Co Oaffney Mfg. Co 73 (Ilbson MIK. cn. i,D Olohe Yarn Mills (N. C.).... 0 Grace Cotton Mill Co. .,h Gray Mfg. Co. 200 (llenwood Cotton Mills .. 100 Oluck Mills 99 Greenwood Cotton Mills 175 Uremic I Mills Granlteville Mfg. Co. Humrlck Mills Hanes. I . H., Knitting Co.. Hnnes. P. HKnlttlng Co. pfd 32 1 17 U 116 1163, 40 9'U 11 IV 32 21 116 18 51 5 21 Crncthte Steel 282 26 34 12 A6 181 19 115 15 2 32 7 pfd.. 196 49 108 25 '4 8 Cuba Cano S, Knd't-Johnson Krlc icnmous Playrs Gen. Asphalt Gen. Electric . Gen. Motors . . G. N. pfd G. S. Sleel Illinois Central Ins. Copper lot, Harvester Int. M. M Int. Piiper Invincible Oil . . K.-H. Tire Kenne. Copper . . L. and N Mex. Pet M S. Oil Mldvnle Hteel , . Mldvalc Hteel . . Missouri I'acltlc. N, V. Central . . . N. T N. H., II.. N. and V North. Pacific . . Ok Ik. P. and II. Pacific Oil Pan-Am. Pot. ..... Pennsylvania . . Pure Oil Heading Hep. 1 and 8. . . Unyal P., N. V.. HI. L. and Kan F. (4. A. L S A. L. pfd .... Hears-lloebuck . Shell T. nnd T. . Sin. O. and It. . . H.-H. S. and I. .. Ho. Pnclllc Ho. Hy ........ So. Ily nfd S O. of N. J. Sturte. Corp. . Tenn. Coppor . . Texas Co. ...... Ten, and Pac. . . Tobacco Prod. . Trims Oil Union Pacific . . , I'nlted Fruit . . . XI. H, Food Prod.. V. S. Ind. Al.. . . II. It. Htore II. B. ltuhber .. 46 24 a:s 38Vi 89 Vi 75 12 Vi 69 65 Vi 135 V4 ll' 74 97V4 38 7714 691, 56 1" 41S 24V PMl 45S 68 Vi 23 32 4 37 88 1 - 8 74 12 -67 V, 63-1, 134 II 73 97 Vi 37 77 64 51 10 V 40 24 46 69 23 33 Vk 38V 89 h T 12 - 68 - 4 135 74 39 97 37 77 68 66 10 41 24 109 314 lll'i 111 113 pfd 71 14i 14 14 71 14 144, 14 K 25 24 25 13 HHi ISHj 19 19 73 72 73 16 13 13 13 5 97 i 96 96 62 79'i 78 '4 78 38 3 3 3 60 46 44 44 98 61 49 60 21 .15 33 85 38 31! U 35 86 165 73 71 72 10 49U 49 49 47 47 46 47 32 224, 21 32 6 3 3 3 .. 6 11 67 6ll 67 11 37 36 87 92 23 23 23 37 65 80 79 79 10 19 19 19 11 46 45 46 I 3 112 112 112 190 76 74 76 26 9 9 9 175 48 44 46 67 23 22 23 1 60 il ! 465 10 8 10 Orr Cotton Mills . Orr Cotton Mills, pfd Parkdale .Mills ... Pacolet Mfg. Co. acolct Mfg Co.. pfd Pelxer Mfg. Co Piedmont Mfg. Co. (S. C.) . . . Perfection Spinning C( Pelham Mills Panula Cotton Mills Poe, F. W.. Mfg. Co Poinsett Mills Itanlo Mfg. Co Hex Hplnnlpg Co ttex Muinnmg 1:0. piu Kldgo Mills Klverslde Mill (Par $12.50). Itlverside and Dan lllver... Howan Cotton Mills Co KdtrKyfaoe Hpinning Co Ilhyne-lloiisor Mfg. Co Baxon Mills Homtuole Cotton Mills Co. .. Slbloy Mfg Co. (Ga.) riparian Mills Sterling Hpinning Co Superior arn Mills Toxaway Mills ( I'ur (25 ). .. (inion-Miuiuio Mins (Ininn-lluffuln Mills 1st pfd.. llnlon-lluffalo Mills. 2nd pfd Vtctor-Monughun to Vlctor-Mouagiinn Co. pfd... Victory Yarn Mills Co Ware Shoals Mfg. Co Watts Mills , Watts Mills 1st pfd Watts Mills 2d pfd Wlngnt Yarn Mills Co Wlacassett Mills Co Wllllamaton Mills Woodslde Cotton Mills Woodsiile Cotton Mills pfd Woodruff Cotton Mills .... 18 124 123 124 :i i-'i 11" 121 New York llrygnnds. New "ToVk."'Nov. "18. Cotton yarns avoro easier nnd quiet today with cot ton goods, unfinished, still quiet and prices barely steady on print cloths and sheetings. Jobbing trsde was better than last week but still very moderate. Silks were better in second hands and knit goods quieter. Wool markets shewed more firmness, espe cially In fine grades. W. W. DICK Heating (;m1rnctr Kstimfttee furnished on sUum, vapo and hot water heating, anywhere In N'orth Carolina !M(1 llellemende. Next to lllite Apartment, 1 l 200 61 26 II. S. Steel ..... 180 V. ti. Hteel pfd. Ptnh Copper , . Vnnadlum-Corp Vir.-Oar. Chem W. II. West, rllec Wlllye-Overlnnd . 12 40 Vi 61 49 82 11 38 50 48 82 6 112 112 AS Jm 36 23 11 26 5 10 31 32 91 47 6 30 31 89 47 6 12 39 61 48 82 113 7t 30 81 91 47 6 W. McC. Neale, M. E. P. O. Ilo 351 l'koae 3481 CONSULTINO MECHANICAL BNOINBBa Maefcba Bud Utll Deals GILBERT C. WHITE CO. fca Oranmlaatlaa al Glvtl. HmkamteaL Ulaatrleal aad Ckaaale; Raglaeara , DURHAM. N. C. WATER WOSKI. HIWWI PLANT. THBETt. fcOAUl Total siilcs, 857,300 shares. itlF.KNlHllO COTTON Spot cotton was quoted by Ttucker Warehouse corporation yesterday at 17 cents, Heater's Weekly Cotton Stntement. Comparisons are to actual dates, nt to close nf corresponding weeks. In thousands hales. in sight for week, 418; same seven imva last year, 424 for the month, 1,084; same date last year, 1,207; for season, 4 803 same date last year, 3,904 Port receipts for season, 2,709; same aate last year, x.Enn;. ' Overland to mills and Canada for season. 671; same date last yeur. 288 Southern mill takings for season l.lnO; same dnte last year, 900. Interior stocks In excess of August 1. 233; nst year. 449. Foreign exports for week. 206; same seven nays last year, itw; lor season 2,143; same date Inst year, 1,410. Northern spinners' takings and Can ada for week. ST same seven days last year. 56; for season, 848; to same date last year, 491. Statement. of spinners' takings of .American cotton throus-hout the world This week, 398; same seven days last year, zrv total since August 1, 4,416 same date last. year, ?,809. Statement of world's visible supply Total visible this week, 6,055; Inst wee-kt s.iHu; same, date last, year, 6,022 Of this the total American this week 4,395; last week, 4.37lrr-Uit ear, J.84D All other kinds this week, 1,660: last weea, l.atin; issi yesr, l.twa Visible in Mie United Htates this week, 2.717. this date last ysar. 8.482 Visible In tither countries this wek, J.J38, tins data last ysar, 1,040. 140 ...120 12 98 250 . .140 . . 80 . . 90 . ,210 . '240 . . 90 ..125 . . 190 ..120 .. 85 Hillside Cotton Mills (Oa.) Imperial Yarn Mill (N. C.) lnman Mills Inniun Mills pfd Jennings Cotton Mill . Jiidsou Mills .hidson Mills ptil King, Jno. p. Mfg. Co. Lancaster Cotton Mills LimeBtone Mills Llnford Millst Lola Mfg. Co Locke Cotlon MillR Co 105 Laurens Cotton Mill 100 .Marlboro Cotton Mills . Mills Mill Monarch Mills (S. C). Mnllohon Mfg. Co. ... Myers Mill MVrtlo Mills National Yarn Mill . . . Newberry Cotton Mills Ninety-Six Cotton Mill Nnrcott Mills "-- 101 180 76 186 66 85 300 116 106 14(i 190 165 13 102 275 151 85 226 260 150 240 141 90 101 LITTLE CHANGE IN COTTON Early lieellnwi Are Followed By Rallies ini IliillUh Week-Kitd Ntntlatlea, With Oenernl Mttrket Cloalnff Met 9 Point HlffheT to ff t'olntw l.ower. New York, Nuv. 18. Early dealings attributed to complaints of trade de pression In Lancashire and a pour spot demand In the south were followed by rallies on bullish week-end Btatlnttcs In the cotton market today. January deliverleH sold up from 16.40 to 16.84 and cloaud at 16.70, compared with 16.63 at the close yesterday. The general market closed steady net 9 points higher to 3 points lower. The market opened steady at a de cline of 3 to 7 points and worked grad ually lower daring the morning1 under scattering pressure promoted by the eaeier showing of Liverpool, reports thjfcft voluntary short time In Lancashire wuh Increasing, and the failure of early advices to connrm yeHterday's talk of .i better spot demand In the south. There was no .general or aggressive selling, but scattering liquidation of ieeemher had an unsettling influence on the general list and active months sold about 20 to 25 points below last night's closing quotations during the middle of thp day with Iecember touch ing 16.65 and March 16.48. The market then ateadled on covering which be came more active late In the afternoon on the continued free export movement and big spinners' takings. The latter, according to the figures of the New York cotton exchange, amount to 44,1, 139 bales for the week, compared with 247,768 last year and represented the largest takings for any one week since January, 1U20, when they totalled 463.000 hales, Reports of a continued slack demand for goods In the primary marketH probably contributed to the early decline and sales of print cloths at Fall Ulver for the week were esti mated at only 80,000 pieces. In con nection with an estimate of 7,291,000 bates ginned to November 14, a south ern authority estimates that 98.8 per cent, o.f the crop had been, picked on thut d'uto. Liverpool -trade advices said the decline there wan due to hedge nulling and selling by Manchester and thn continent on depression on general uade. T PRICES Cneualneaa nnd Heporra Of Crop Dam es; r In Argentina nnd Auatrltn Hsud Client 2to To aW, Cants Net Illgker. Corn and Oats finln. Chicago, Nov. 18. Uneasiness over reports of crop damage In Argentina and Australia had a bullish effect to day on the wheat market here. Frloes closed firm at 1 to 8V cents net ad vance, with December 1.081, to 1.084 and May 1.11H to 1.111,. Corn gained 1 to 1HH and oats Ktt to 1 cent. Tn provisions the outcome varied from unchanged figures to 10 12 cents higher. nign. 3ZV6 37 Vi Open. WHEAT: Dec. .. 1.04 May .. 1.08 CORN: Deo. .. 48 May .. 63?4 OATS: Dec. .. May .. I'OKK: Jan LARD: Jan. . . 8.27 May .. 8.70 RIBS: Jan May Cash grain 1.06 Vil corn. No. No. 2 mixed, 48 1.0844 1.114 49 V, 64 33 38W 8.37 8.77 Low. Close. 1.04 1.08 1.07 1.11 47 49 63 V4 64 32H 3314 37V4 38 14.00 8.27 8.35 8.70 8.77 Wheat. No. 2 7.02 7.60 hard, yellow, 49!4&4tV Dec. Jan. Mar. Mav July Open. 16.80 16.60 16.62 16.6.1 16.16 High. 17.00 16.84 16.88 16.71 16.34 Thurs. Low. Close. Close. 16.65 16.89 16.80 16.40 16.70 16.63 16.48 16.74 16.68 16.37 16.65 16.68 16.03 16.25 16.23 . 6 69 . .. 226 .116 . .. 116 . . . 86 .105 130 .130 . .. 116 .150 ,-250 285 . 99 101 .87 .115 14" 155 .96 .114 120 .115 126 .. 85 90 . . . 85 . . . 76 .100 103 . . . . 85 .107 . . . 91 . 88 92 . 70 76 .10 11 V .237 265 . 82 90 .66 76 78 ... 98 .100 106 . . . 55 .110 120 .87 . 86 96 ..28 31 . 22 80 75 .. 38 .19 . 82 88 .96 ..78 85 .140 146 .. .. 110 .. .. 79 .. .. 95 .. 74 76 .225 .200 . 7:1 .160 176 SEW YORK nnjtn LIST, tor LMMd ilrt to Utur lun.) IT, 8. 2's. registered 100 II. S. 2's, coupon 100 U. S. 4'a. registered 104 r. H I s. coupon 104 Vi Panama S's, registered 76 I'anama 3 s. coupon 76V American H." and It. 6's 83 American T. and T. cv. im Atchison general 4's 82 Atlantic. Coast Line 1st 4's 83 lialtlmore and Ohio cv. 4's 74 Itetlllehem Hteol ref. 6's 86 Cen. of (leorgla Consolldated'6's. . 88 Central Leather 6'R . . . V ; ;: . '.". :" 98 Chesapeake and Ohio ov. 5's 66 C, M. and Ht. Paul cv. 4'a 66 ( ., it. 1. ami l'ac. Kl. rei. is i Col. and Houthern ref. 4 Mi's 82 Den. and Rio Grande consol. 4's., 72" Horn, of Canada 6s (1931) 94 Krle general 4's 43 Illinois Central ref. 4 s 81 Int. Merchant Marine ' 88 K. C. Houthern ref. 6's 81 Liggett and Myers S's 89 Louisville and NaBhvllle un. 4's.. Missouri, Kan. and Tex. 1st 4's.. 69 Missouri Pacific general 4's 63 Norfolk nnd Weatern c. 4's ..-..lu4 . .V. Y. Central deb. 6's 98 Northern pacific 4's 81 Pennsylvania general 6's......... 92 Heading general 4's 80 Republic I. and S. 6's (1940) s9 St L. and San Fran. adj. 6's 69 Seaboard Air Line adj-. 6 8 17 Southern Hell Tel. 6 8s Southern Pnelfleov. 6's 92 Southern RutiwayD's 89 Southern Railway general 4's .... tu Texas and Pacific 1st 5a 86 Union I'acltlc 4's 86 United Kingdom of O. B. and 1. 6's (1937) 94 IT. S. Steel 6's 98 Virginia-Carolina Chom. 6's ... 94 Wabash '1st 6'e 92 Wilson and Co. ov. 's 87 Cottonseed Oil. New York, Nov. 18 Covering of shorts and scattered local buying on the bullish census report csrried cot tonseed oil up to 21 to 23 points today. Realising sales on the advance caused a slight setback, final bids be ing 10 to 20 points net higher. Sales, 20.600 barrVls. The census report In dicated a disappearance between 235, 000 and 241,000 barrels nf oil during October. Prime crude, 7.00, bid; prime summer yellow spot, 8.008. So; Decem ber, 8.36; March, 1.72, and May, 8.91, II bid. Spot cotton nufct: middling, 17.30. Nrt movement (If Cotton. New Orleans: Middling. 16.50; re ceipts, 4.470; exports, 13,000; saleB, 2,438; stock, 321,404. CalvcHton: Middling, 17.15; recetpts, 15.050; exports, 24,887; sales, 609; stock, 405,122. Mobile: Middling, 16.75; receipts, 409; stock, 17,444. Savannah: Middling, 16.00- receipts. 2.810. exports, 11,452; sales, 310; stock, iso siio Charleston: Receipts, 100; stock,' 189,771. Wilmington: Middling, 16.00; re ceipts. 471; stock, 36,135. TexuB City: Receipts, 1.079 ; stock, 8.T6I. Norfolk: Middling, 16.25; receipts. 2,990; sales. 319; stock, 116,789. Kaltlmnre; IUcolpts, 3,046; stock, 3.546. Itoston: Middling, 17.20; receipts, 29; stock. 6,80(1. Philadelphia: Receipts, 557; stock, 12,845. New York: Middling, 17.30; stock; 113.294. Minor ports: Receipts, 3,075- exports, 4,650; stock, 2,352. . . Total today: Receipts, 84,086; ex ports, 63,989; stock, 1,508.152. Total for week: Receipts, 168.800; exports, 205,709. Total tor season: Receipts, 2,109,104 exports, 2.143,3-7 Interior Movement Of 4'otton. Houston: Middling, 16.70; receipts 11.775; shipments, 3,266; sales, 2,661; stock, 287,950. Memphis: Middling. 18.00: receipts 3.625; shipments, 4.110; sales, . 1,400; stock, 272,433. Augusta: Middling, 16.00; reeoipts, 2.138; shipments, 1,719; Bales, 364; stuck, 147,390. St. Louis: Middling, 18.00; receipts, 10,881; shipments, 9.SB4- stock, 87,943. Little Rock: Middling, 17.76; receipts, 646; shipments, 594 - su'rs, 331; stock, 60.525. Dallas: Middling. ir,15; sales, 3,663 Montgomery: Middlng. 16.00; sales, 20. Total today: Receipts, 29,068; ship-, ments, 25,618; stock, 9X6,441. PONT A1V1) FLAUU'M COTTON LETTBIl New lork, 5uv, 18, It has been mixed market today with very little feature to tho trading though some features to statistics that might pro vide food for thought for those who aro short for any other reaieon than as a hedge against actual stuff of tonderabie description. Hester made takings for the week 398.000 against 342.000 last week and 274,000 a year aire. The in s lent was also large ac cording to New York figures which were 475.000 but this was largely ex plained by an Increase of 50,000 bales in southorn mill takings which were estimated at w&.imo aga nst ita, ouo lust week. Even Now Orleans wires admitted a little bettor spot demand. Uxports were 69.000 for the day which will bring tho total well over 200,000 foe -t-h.e-.w4.ak. New York figures for takings wore more bullish than Hester's snowing 443.000 Bgulnst 247,000 last year with total to date 4.340.000 aaatnat 2.729,000 last year. Statistics arc not always a sate guide to process hut It is never quite safe to ignore them entirely or center attention on only one feature of them to the exclusion of possible offsets in the nrice eouation. Expecta tions ns to irlnnlnir flirures Monday are around seven two to seven three with a bear sh n uence on sentiment 11 tney come as high as that though Just how few hundred thousand bales more or loss will settle, the question of lower or higher prices 'Is hard to explain. -It la becoming Increasingly obvious as the season wears on that the amount of -"cotton remaining to be carried over will mil probably tie ouracnsonie aim he reduced to a point low enough to create u irenulne and wide snread an xiety which would be rendered very acute hy any adverse experiences of tue next crop. fusi aim Jami. BALTIMOHH UHAIN AND HAY 1ST Uaal Win to lull" Ntn.) Ilultlmore. Nov. 18 Wheat No, red winter spot, no quotations; No. 2 red winter sunt l.lllto; nominal nu. 1 05U: iioniimii: No. 2 red winter gar licky spot 1.08 V4: nominal. November whorl I t)U Corn Cob corn old yellow quoted at 2.50ff2.55 per barrel: contract corn spot 69 nominal; traca corn jbuww No. 2 or better old domestic . Oats White No. 2 42 per bushel No. 3 40W41 per bushel. Hnv iteeelnta fiii tons. demand ll limited and small receipts ample for trade requirements at la.wni -t.uu, - Havannah Navnl Htore a. Savannah. Nov. 18 Turpentine steady. 7373; sales 250; receipts 599; shipments 856; stock 8.912. Rosin firm; sales 803; receipts S.129 shipments 2.437: stock 85.999. Quote K D K V a H I 4.40: K 4.80; M 6.20; N 5.40; VV U 6.50; W W 5.(0. ADIIITIOlMAL STOCK MKT. IB, LuMd Win lo DtUj Nieil New York, Nov. 18. Following are closing prices on additional stocks: Allis-Chalmers 36 American Cotton Oil . 22 American Hide and Leather 11 American Tobacco , 125 American Zinc and Lead 10 American Zinc and Lead pfd ..... 36 Beth. Steel 8 per cent, pfd 102 Itutte Copper 6 Chicago Oreat Western pfd 17 C. M. and St. Paul pfd 37 Chicago and Northwestern 69 C, R. I. and P. 6's 69 C. R. I. and P. 7's 82 Chile Copper 12 Consolidated Textile Corp 16 Cosden and Co. 34 Cuba Cane Sugar pfd 19 humous Players-Lasky pfd 83 Freeport-Texas 15 Oen. Motors 6 per cent deb 7C Ooodrich Rubber Tire 31 Houston Oil 77 Lackawanna Hteel 42 Missouri Pacific pfd 43 National Enameling and Stamp,. . 86 New York Airbrake 64 Plerce-Arrow 1314 Pierce Oil 12 Submarine Boat 4 Virginia-Carolina Chem, pfd 76 Vivudou, Incorporated 7 White Motors 88 White Oil ' 13 NEW YORK CURB LIST. IB) LmmS Win lo Uallr IMli New Vork. Nov. 18. Following are bid and asked quotations on the curb: ma. ASkea. Aetna Explosives 12 18 Hnnno (111 at 40 Huston and Montana . ... , 75 87 Consolidated Copper ..... 1 " " 1 Davis-naiy 6 7 ertcral Oil lilenroik Oil Int. Petroleum (new) .... 16 Magma Copper 21 .Maracalbo Oil 26 Morrltt Oil 11 Midwest Kenning 155 Northwestern Oil 16 -it ft 14 9 6 21 29 6 12 16 22 26 11 170 20 14 9 6 22 32 6 5 12 84 93 60 7 3 99 - 46 Salt Creek (new) Hlnims Petroleum Skelley Oil Swift International IT. S. Steamship I'nlted Retail Candy W right-Martin i Aeroplane. CfeUcngo Curb. Armour Leather com Armour Leather pfd 83 Armour Packing pfd 93 Cudaliy Packing 47 Llbby and Co 7 National Leather 3 Swift and Co 98 Union Carbide 4n I1AI.TIMOHE PRODUCE l Inad WIN to Oilli Nin.1 Baltimore. Nov. 18. Kegs Loss off. native and nearby firsts, dozen 62065: southern 52. Putter Creamery fancy 47; prints I71i49; nearby creamery 48: ladles 80 ftri: rolls 28030: storenacked 27 if 23: dairy prints 2830; process butter 35 U 36. CHARI.OTTH COTTON MARKET Isperlal to Pally m.l Charlotte, Nov. 18 Charlotte cotton market: Receipts todav 34 bales: mar ket opened at 16 cents and olosed at 17 cents. DnnB Trade Review. Now York, Nov. 18, Dun's tomorrow wi sav: With a continuance of fluctuating demand, progress toward Detter busi ness Is still gradual and uneven. Sea sonal influence, as usual at this period, now begins to cause lnoreased activi ties In some branches and diminished operations in other lines. The latter phase is witnessed In channels where Inventorying is becoming a factor, but retail trade Is moderately stimulated aB advanced holiday reaulrements de velop and lower temperatures prevail In some sections. The net result of commercial movements Is not adverse, and the-announced -redueton-4n freight rates on xarm nronuots adds to tne con structive forces whose ultimate effect will be beneficial. Reoent declines In prices of cotton and arraln. however. have tended to Increase uncertainty and hesitation In strictly agricultural districts of the west and south, and the enlargement of buying and gain In col lections have been checked In some In stances. Weekly bank clearings $5, 986, 722,000 Chicago Cattle. Chicago. Nov. 18 Cattle: Beef steers she stock and bulls steady to stronger; quality common to meaium; one loaa good 1.117 pound long yearlings 9.25 bulk killing steers around 6.5O07.76 fat cows and heifers largely 8.2506.26 canners and cutters mostly 2.50)2.00; calves mostly 25 cents lowers; pack ers top veaiers s.uu; stocgera ana leea.' ers weak. Hogs: Strong to 10 cents higher than Thursday's average; closed active; holdover moderate; mostly on tne mar ket: ton 7.25 for 150 pound averages practical top 6 90: bulk t.66i(j)a.85; pigs closed 60 cents lower! nuiK desirable Bte 7.257.50: early 7.766)7.80. Sheep: Killing, classes steady to strong; bulk fat lambs 8.60JP8.85; top ambs s.uu cutis largely o-uum'e.zo hulk fat ewes 2.7503.50: heavy weight 2. ii" :3;2. 50: few feeder lambs steady at 8.25. '. Foreign Exchange. Ne,w York. Nov. 18. Foreign ex change Irregular. Oreat Britain, de mand 8.99; cables 4.00; 60 day bills on banks 8.96. France, demand 7.22: cables 7.32. Italy, demand 4.17: cables 4.17, Belgium, demand cables 7.00. . Oermany, deftnand .35 cables .36V4. Holland, demand 86.1 cables 36.21. Norway, demand 14.88. Sweden, demand 23.80. Denmark, de mand 18.80. Swltserland, demand 18.80. Spain, demand 11.75. Greenoe, demand 4 20. Argentina, demand 33.00. Braall, demand 1J.O0. Montreal tl 6-16. , NEW ORLEANS. COTTON PRICKS 8 TO 12 PPIWTM UP AT CLOSE New Orleans, Nov. 18. There were two outstanding features In the cotton market today and they put prices to higher levels, following forenoon sell ing of a rather wishy-washy character which at one time depressed prices to the extent of 15 to 20 points. The main feature was the large week's mill takings, 898,000 bales according to Hester, and the other feature wkb a private bureau statement that 98.8 per cent of the crop had been picked. At the highest of the session prices were 8 to 20 points over the level of yesterday's close, while last prices showed net gains on the day of 3 to 12 points. December sold down to 15.77, rose as high as 16.10 and closed at 16.05 cents a pound. About the only reason for the early softness was the poor showing of Liverpool. The response to this prob ably would have been more marked but for the tendency on the short side to take profits. Alter the posting of the first of the weekly statistics, the market acquired an altogether differ ent tone and commenced to do better. Highest prices followed ginning figures of 7,291,000 bales to November 14, which was considered bullish because of the statement concerning picking. mm laaings compareu wun zm.uoo bales this week last year, bringing total takings this far this season up to 4.416.000 bales against 2.809.000 during the same period last year. Butl- isn iraaers poiniea out tnai in amiut three and one-half months of the sea son the mills of the world had taken more than half the crop, even as the crop Is estimated by the most pro nounced bear traders. ODen. Hisrh. Low. close. December ..' 16.85 16.10 16.77 16.05 January 16.95 16.30 16.90 16.19 Marcn ib.io 16.36 le.oo 16.26 Mav 16.10 . 16.27 15.97 16.10 July 16.77 16.90 16.67 16.86 Spot cotton steady; middling 16.50. New York Produce. New York. Nov. 18. Raw sugar un changed; refined unchanged at 5.20 to 5.30 for fine granulated. Spot coffee fair; Rio 7's 8 to 8; Santos 4's II to 1214. Weekly Cotton Stntlatlca. Liverpool. Nov. 18. Weekly cotton statistics: Total forwarded to mills 48.000 bales, of which American 36,000. Stock 880,000; American 583,000. Im port 80,000; American 69,000. Export 3,000; American 1,000. Liberty Ronda. New York, Nov. 18. Liberty bonds closed: 8's 95.10; first 4's 94.72; sec ond 4's 94.50 bid: first 4V4'S 94.84: sec ond 4'S 94.64; third 4's 96.36; fourth 414 94.70; victory i s 99.se; victory 4' 99.90; CADETS IN PRUSSIAN GARB PARADE BEFORE HANGIN (fxrmpononiat Aaaxlited Trm. ) Buenos Aires, Oct. 18. When Oen- eralMangln, the hero of Verdun, visited Buenos Aires recently, he was asked to review the crack regiment of Ar gentine cadets, future officer? of th Argentine army. Those who accompanied the Frencb general to witness the manoeuvers wondersd what he thought when he beheld a regiment uniformed and hel meted like the Prussian guards he had fought against In the war and march ing with tha famous Prussian goose Step. ; The Argentine army continues to be trained In the methods of the German military school whloh were adopted some years before the war under the tutorage of German officers and with German equipment. BAKU. ONCE RICH, NOW HAS NEITHER BREAD NOR CLOTHES ICorregfflMlMK sandaled Fran.) Baku Aierbaijan, Oct. 20. The eco nomic keynote to this city is found In a small shop of the broad Nlkolacv- skaya. a stone's throw from the an cient palace of the khans. In the win dow of this shop are a few bars of soap, combs, hairbrushes, shoe polish, and three tiny bottles of French per fume, one of which, marked "Quelquc Violets," Is priced at 600,000 rubles. Baku has neither bread nor clothes but she still hopes to come baok some time. Thanks to her vast oil wealth, now unproductive In the main, she has for many years been like Pittsburgh a place where men became millionaires overnight. ' NOTICE OF ELECTION. Notice Is hereby given to the voters of Guilford County, that the Board of County Commissioners of Guilford County has called an election to be held at various precincts of said Coun ty on Tuesday, December 20th, 1921, for the purpose of submitting to a vote of the qualified voters of said County the question of Issuing bonds In a sura not exceeding $100,000 for providing for Guilford County a County Tuberculo sis Hospital, and of levying a tax for a maintenance fund for same; all of which will fully appear In the follow ing resolution passed by the Board at Its regular meeting held on the 8th day of November, 1921. Resolved by the Board Of Commis sioners of Guilford County that pur suant to the authority vested In them by virtue of an act of the General As sembly of North Carolfcia entitled, "An Act to Provide For th Kreetlon and Maintenance of CountyViub-culosls Hospitals" ratified on the 1st day of March, A. D. 1917, and amended on the 7th day of March, A. D. 1919, and on the 8th day of March, A. D. 1921, a speclul election In said County Is here by called to be held on the 20th day of December, 1921, for the purpose of submitting to the qualified voters of said County the question of Issuing bonds not exceeding 2100,000 In par value, the proceeds of same to be used in securing lands and erecting or al tering building, and equipping same, to be used as a hospital for the treat ment of tuberculosis, and of levying a special annual tax not to exceed five cents on the one hundred dollars (2100) valuation of property, and fifteen cents on the poll, to be used as a mainten ance fund tor said hospital for tuber culosis. At which said election those favor ing the Issue of said bonds shall vote a ballot labelled with the words "For County Tuberculosis Hospital," and those against the Issue of said bonds shall vote a ballot labelled with the words "Against County Tuberculosis Hospital"; and those favoring the levy ing the special annual tax shall vote a ballot labelled with the words "For Maintenance of County Tuberculosis Hospital," and those against levying said tax shall vote a ballot labelled with the words "Against Maintenance of County Tuberculosis Hospital." Resolved further that- the election shall be held as provided by said acts and the amendments thereof, and for that purpose the Registrars appointed by said Board are hereby directed be tween the hours of 9:00 o'clock a. m. and sunset on each day, (Sunday ex cepted) for twenty days preceding the day for closing the Registration Books ' as hereinafter provided, to keep open any electors residing within each of said precincts, and entitled to register; that said book shall he closed for reg istration at sunset on the second Sat- urday before said election; On each Saturday during the period of regis tration the Registrar shall attend with his Registration Book at the Polling Place of his precinct or ward for the registration of voters. The votes shall be counted at the close of the polls, and returns thereof shall be made by the election officers to the Board of County Commissioners on the Thurs-. day next following the election, when said County Commissioners shall can vass the vote and declare the result of said election. J. A. RANKIN, Chairman Board County Commissioners. 12-20. 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 CertlSed Pnblle Accountants 14M North Elnt' Street Greensboro, N. C. Cltlaene' Bank Building Raleigh, N. C. American Trait , Co., Bank Bldg., Charlotte. N. C. Lonn nnd Exchange Bank Building ' Columbia. S. C. RUCKER & COMPANY Cotton Merchants GREENSBORO. NORTH CAROLINA MEMBERS New York Cotton Exchange , New Orleans Cotton Exchange CHAS. J. BLAKE GENERAL INSURANCE FIRM LIFE ACCIDENT AND HBALTH BONDS AUTOMOBILE LIABILITY TORNADO 108 W. Sycamore St Phone 302 Guilford Hotel Building When You Are Looking For a Furnished Room be sure you tee the Want Ad Paue of THE GREENSBORO DAILY NEWS. Here you will find advertised under "Furnished Rooms to lief choice places in select localities. For RESULTS from the best sources place your Want Ad in THE GREENSBORO DAILY NEWS TELEPHONE 1000. V l
Greensboro Daily News (Greensboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 19, 1921, edition 1
12
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