Newspapers / Greensboro Daily News (Greensboro, … / Nov. 29, 1921, edition 1 / Page 14
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14 GREENSBORO DAILY NEWS, TUESDAY, NOVEMBER 29, 1921 STOCK TRADING BROAD AND TENDENCY HIGHER The Investment Buying Takes On the Character of Semi Speculative Buying. , GOOD DEMAND FOR RA1ES (Br Issssl "In Is "'i'l ") (IWrlibl. ln.il. In PbllmalDhU ruWIe trdor.) New York, Nov. 28. Trading In stocks today again covered a broad range, with tlie general tendency higher and the character of the mar ket quit similar to that of the clos ing; days of last week. In other words, the Investment buying that has been . such a feature of recent sessions again took on the character or semi-suecu lation. although the demand seemed tu tie concentrated laraely on divl dend paying stocks or Issues with ex cellent prospects, both In respect to earnings and dividend disbursements. liuying was particularly active in the rails, equipments and coppers, al though the gams in the latter group were not uuitormely held, Ulan cop iter, for examole. got up to 811. the highest price fn a tsooi many months nut reacted moderately later. Amer ican Car and Foundry was strong on relatively heavy trading. Jialdwin made a further advance and Pullman and Pressed Hteel Car were higher.' Jn the rails, union l'acino was an out sUinding feature, with an advance t l.ti, a new high level. Atchison, Northern Tactile, southern Facino and kock Island issuns were active and higher. On the other hand, New Haven made a new low level for all time on gloomy forecasts of Its financial fu ture. In spite of the rather indifferent reports regarding the status of the steel Industry, the steel shares were steady to llrm, with the exception of llulf Rtates and Crucible which were slightly reactionary. United States Hteel closed at the eop on buying of fair volume. M0NITOl, WALL NTHEF.T GOSSIP tar lJttd Win u IHUr nit!-) rxirrlM. lull, br rnllsiMpuli fulnic Udtaf.) New York. Nov. 28. Traders came down town this morning expecting slightly higher opening and a sagging market through the remainder of the session. the hlgner opening arnveu as per schedule, and there ensued a period of uncertainty In the middle of the day. Kloor traders sold stocks short, and at this juncture their plans went awry. Large buying orders In the equipments, United states Hteel and some of the railroads were placed with the result that a generally high er range of prices was established. There have been reports that direc tors of the D. L. and W. railroad will meet by the end of the year and de clare an extra dividend of 11 a share. H'rom sources In close touch with the company's affairs It Is learned that the disbursement will be larger than 82, but that the exact amount has not yet been determined. The. buying of this stock recently has been of an ex cellent character. Bears-Koebuok was an outstanding feature of weakness In the industrial section. A decline of more than 4 points was attributed to a report that the dividend In preferred stock will he passed when the directors meat this week. It was reported also that the company contemplates now financing but this was denied officially. American Car and Foundry sold to day within 8 points of the highest prioe on record. It is In a favorable Investment position compared with other Industrials of its class. The same character of buying which has been evident in Union Pacific for mnft time nast was evident again to day an4 offerings did not Inorease ma- leriauy v -w--..-.-. was no news' in ,:uwui,v There for the strength of this Issue specifically, Us appeal to the Investment buyer being given as sufficient reason for tha ad- ""louses which In years past have been buyers of United States Hteel for the account of the corporation for re sale to employes have been the prin cipal purchasers of this "jj'y- C. B. KVANS C'HICAIIO LETTER, (i, Umi K'rj IS DsDt IWI tCsprrtiot. ml, j PMlKfelDbta rubm Udrsr.) Chicago, Nov. 28. They tell It In chalk on the blackboard and In Ink on ..... ,BnA ttiia i,ii-v nf exoectatlon. and expectation Is the chief uuallty of the puainess revival mi khv ynj-o., though by no means all there la to it. Wheat, too, Is inaklntf its little scratch on the record at advancing prices, and this is the most hopeful augury of all. lit this city Pullman continues to b a favorite even after the big advance MUTT AND JEFF-Another Stormy Ten Years For Pocjr Mutt By BUD FISHER jEfF, THe ARM cosjFfreNte If BUT ir IWT siajOVJGtA THAT " I 'YOU eo rVJb (i,K rCR ' L --f V ff " "1 ' WS 1 I IU WASHIN6T0M I PutHlMS 11 NATIONi ALOrjC SHOVJLTJ J-C;-- Srlg WJONT XeCLrR C g tJf JtVt 5 . A gecat iieA, Bur THcy 1 (a Disarm! X BLiiG f tcm VCAR ROLLIN& Efs-'' , TV ''fX'rZr' 0U6KT TO JUWIC rMJr t ut),y ltvJALS " plfj HOLIDAY, THeTM r - ' 4'- .(, & ' ' jxfcl fM ' "N WfeAPOMS OF WAR-f3 SHOOLW FOLLOW SUIT ' CONAE BACK AMU . ' ' Apr VooR WIF6 WH.L6 TM-tfrm- . 1 AM&UKVUlSe.- l TELL M6 WHrT SHew iyP ' 0 f SAIfc ) UL rw,Bel i 2ZtfulX?&Y I ought V7' z3 NO-y RAIL STOCKS LEAD RISE Hallway Enulpmral. Also strong la Irregular I'rlee Movmest some specialties llreede llroad Uemand For llonds Money Is Knsler. n.w Vnrir Nov. 28. flails and rail way equipments continued to lead the further Irregular1 price movement on the stock exchange today. The recent hmsri demand for hlch grade and spec ulative bonds was well maintained. The genera.1 stock list met occasional setbacks, however, such minor special ties as chemicals, fertilisers, sugars and mall order Issues giving way to Incessant selling pressure. Sears-Roebuck was conspicuously weak because of rumors dealing with the preferred stock, Foreign oils eased, In contrast Cabarrus Cot'.on Mills UUTH1CKN MILL STOCKS. Ml By I A Plcxwa sne conpanr. Outsolk, h. t ids UrMOfUlt, & CI Bid. . 82 .200 to domestic Issues. Trad ng for the long account was favored by easier money and a brief rally In foreign exchange from the morning's low quotations. Interna tional remittances reacted favorably to unofficial reports that European bankors soon might meet to devise means of stabilising their depreciated currencies in this country. uerman marks were benefited more than any other auotatlon by prospects of remedial measures, sterling, francs and alt the northern European rates cancelling their rally before the close of the day. Muying or rails seemed to be baaed on pan on Detter tonnage reports and the October statements of such systems as Atchison, Bt. Paul and the leading Pa cific and coalers, nearly all of which showed gratifying gains in net or operating Incomes. The cheaper rails ist much of their sdianca in tha henvv renllslng of the last hour. ine o Per cent, onenlna- rata tnr nail money relaxed to i per cent, ajt noon, with an abundance of private oeffrlngs at 4 per cent. Brokers reported large sums available for an and nii.iiav inuni. at last week's moderate concessions. but the longer maturities held firm. Liberty and victory Issues again con tributed predominantly to the heavy turnover in bonds. Liberty second 4's at 85.H and first 414's at 07.00 estab- naneu new nigner records, as did vic tory IK'S at nar. ftaina nf i n s points were made by various underly ing railroad bonds. Total sales, par value, 2a,6&0,000. Closing Stock List.. ISO') lltta Um-t 63 64 63V 6 29-J6 -H 3 31 17 1464 143 18 69 ta 129 4014 SIVi 14 86 85 from the recent low of 7V This n fin in nart to a valuation of Its ertles whlcb appears to be low com' prop- pared with that of others, and also to probably Improved relations with the railroads, but In the main, of course, to the seemingly excellent bargain that la now In process of being mad.,wrth tha Haskell-llarker Car company. The rlae In the price of this stock Is a great relief to many small holders and hand somely enriches a number of big ones well known as Identified with the com pany. Nearly all the other looal specialties are -moving upward, some having scored large advances from -the low of this year, nut Rears-Koebuck Is decid edly oft the pitch today, 4Vi points, and that company probably represents the general builnesa situation of the United Slates as well as any that could be named, Inasmuch as It touches trade In a retail way at more pulnts than others. but a little later on the pJi. which In recent experience has not been so mighty as the sword, will tell It In . cold, uncompromising Ink on the ledger no, not all cold, for there will be plenty of red. There ts contradiction in the minds of- man Jiopetul of busi ness affair in respect to the- course nt events In the next three months. Money Is constantly cheapening, and we snail have a flood of It In the market after the first of January, says one. That will naturally lead to pur chases of securities, causing a further advance. Vlut, says the same one, we shall have a grand settling up process In the first few weeks of next year, and of courss there will be many failures. This la not the guess of an outsider, but the statement of one who know the Inside of the things as well as any- ' body. What Is going to happen from tha clash o( these two conditions la a highly Interesting aludy. It might prove too Interesting to anybody trad ing In stocks on a small margin. Hut the stock msrket faces determinedly toward hetler things and the stock market In the past two years has shown 4hat It knew whnl It was talk ing about, for It began Its great down ward movement when the people were climbing over each other to buy goods at bloated prices, C. n. KVANH. R4I.TIMOHR rnnniTB. 1ST UutI Win ts Dally Nisvl Baltimore, Nov. 28 Mutter Cream ery fancy, pound, 46: primes, 46W47; nearby creamery, 41; ladles, SOifrjai rolls, !8c30; store-packed, !6; dairy prints, 88 If 80; process hulter, .llSeai. CHAHLOTTK TOTTOV MAHKKT (Bt'Ul to hall; Nfwi.t Charlotte ,Nov. 28 Charlotte cotton market: Hecelpts today la bales: price 18 cents, tiHttUKNIIOIIO COTTON Bpot cotton was quoted bv rtiicker T a rehouse corporation yesterday tit 17.76 cenls. Yt lurk Meaey. New "iork, Nov. fall money steady; hlsh f; low 4Vi; ruling rate 6. olnBlng bid 4; offered at 4V; lust loan 4 4 1 call lonps against acceptances 4 V Time loans easy; davs 6' 0 rt;iys 6; six' months 6. Prime 'mercanr tllo paper 8ff5'i. 1 - Sugar and CuOee. New York, Nov. 28. -Itaw sugar quiet and unchanged at 3 8JVi to 4 11 for centrifugal. Heflned In moderate de mand at (.In to 6.3( for fine granulat ed. Spot coffee firm; Hlo 7s Su'St.: Santos 4' llt ffli 'i,. !ew York Iiry'gnod. New York. Nov. 38. Cotton goods were dull today, with a weaker trend on some staple "lines. Ysrns were lower In the knitting divisions. Wool goods were quiet, burlaps dull and raw silk (lightly higher, 1 Electrolysis Superfluous hair removed with the electrla needle the only sure method to permanently removs It. TSe Ladles1 Kleetro-Tkerapy lastna-Maless, N. C. 1 OfBee, 714 O'Haaloa DldsT. 19 117V 78 82", 116H 116 88 8214 46H 48 81 971, 88H est. 13 11 11 78 78ft 48 i 09 87 88 U 77l 77J 66 66t4 12S 11 12V4 t i0 41V 2F.4 H H 111 11 lit 1H It 15$ S5V 4 H 26 lft 19U '4V . 74S i 12 sZ e aa 3S 79 VS 67 U 68 '4 1! fl!ti Allied C. and D. Am. Keet 8...... Am. Can Am. C. and F. . . A. H. and L. pfd. Am. Int. Corn... Am. Locomotive. Am. Linseed ... Am. 8. and R. . . Am, Bugar .... Am. 8u. Tob. .. Am. T. and T. ,. Am. Woolen .... Anaconda Cop. Atchison A. C. L A., U. and W. I. Uald. Loco. . . . n. and O, Heth. Steel "B".' Can, 1'aolflc ... fen. Leather , . Chandler Mot . C. and O ! C, M. and St. P. C, K. I. and P.. Coca-Cola Corn Products , Crucible Hteel .. Cuba Cane 8... . Wnd't-Johnaon' . Krle Famous Players, (len. Asphalt ... lien. Klectrio . . f!en. Motors . . (1. N. pfd ...... O. 8. ftteel Illinois Central. Ins. Copper .... Int. Harvester . Int. M. M. pfd.. Int. faper Invincible Oil .. K.-S. Tire ...... Kenne. Copper . . L- and N ; Mex. 1'et M S. Oil Mldvale Steel ., Mlsaour! Pacific. N. Y. Central ... N. T., N. n.,11.. N. nnd W North. Pacific . . Ok la, P. and R. I'aclfio Oil I'an-Am. Pet. .. Pennsylvania .. Pure Oil Heading Rep. I. and 8. . . Koyal 13., N. Y.. St. L. and San V. 8. A. L. S. A. L. pfd .... Sears-Itoehuck . Shell T. and T. , Sin, O. and R. .. H -8. 8. and I So. Pacillo 144 isii. S"- .Hy 28 !n2 jjiuue. i cirp iso Tenn. Copper ., 4 Texas Co ex. ana j'ao. . Tobacco Prod. Trans. Oil l'nlon Pacific . . I'nlted Fruit .. I'. 8. Food Prod. S. Ind. Al... V. R. Stores ... lT. 8. Rubber .. ! g- g"H J(l H 8. 8teel pfd.. 14 vian v oppor .. Vanadium (;orn. Vlr.-far. Chem, West' tPll). Vyillys-Ovrrland'. 16S Aviai sal nt,.-. fkleagn rattle. Noy. 28Cuttle: Receipts ii;J ' bfet. "r" rnustly steady V cl08J1' wk to I'werTprlo'e steer. n"!r",,w,are,llt 1JCOi "UlkTbeit steers .I5tr.00; the stock strona hull, strong to 16 cent, higher; st"ck ers and feeders strong to 25 cents h Shir! fvrai C,VB", mo""y ir- " higher; fat heavy calves up mors. i..ri My ,otron with. Saturday's time, shippers bought about 15,0011. holdover light; light lighls up to 7.25 practical ton 7,16; bulk 6.867.10; pigs Vnvtti Tlrher; bttlk '". Sheep: Receipts 10,00(1; steady to strong; spots higher; choice fed west ern lambs to city butchers 10.26: bulk fat lambs 9 600-10.00; choice light fed ewe. 4.70- bulk natives 1.6004.60: good 100 pound yearlings wethers 1.26; best feeding lamhs8- 60. ; . aaranaak Naval Stores. Savannah. Nov. 28. Turpentine firm. 74; aal.s 268;-H-ecelpts IJo; shipments 440; stock 10,469. Rosin firm; sales 1,138; receipts 1.470; shipments 13,974: stock 71,765. guoie: B O K F O H 1 4 20; K 4.70; 11 6.10; N 6.30; W Q 6.40; W W 6.60. 48 28H 28 113 77 1 0 v7 40H 1 0 ( ( 36U 00 80 13 31 10U 112 131 20 133 V 11 10 45H 59H 10V 4S 26 64 10 1!9 181 123 . 12344 11 ia so 19 89S 0 63 61. 62H H2il 112x2 112S4 l 0 68 68 J JSH 80$ 8l3 32 81 31 .... 61 U . 47Vtj 48 64 4h tu es, 863.800 shares. " Acme Spinning Co. Arcadia Mill Alleen Mills .. American Spinning Co American Yarn and Profl. Co. 106 Anderson Cotton Mills 68 rilnton Cotton Mills Aragon Cotton Mills (8. O..190 v Trade Cotton Mills .. Arrow Mills Augusta Factory Helton Cotton Mills Heaumont Mfg. Co 210 Rlbbs Mfg. Co 80 Hrogon Mills ,... Clara Mfg Co. 110 mirtbn lfg. Co. .176 Ask. 63 800 116 276 216 111 140 41 86 230 101 86 125 116 .. 89 .. 26 .. 86 ..125 ..105 .. 85 .175 60 C'wlck-Hoaklns Co. (par $25). 14 iiailwICK-HnskinS (Jo. pro.. .. Chlquola Mfg. Co. ....,,....130 Chlquola Mfg. Co. pfd....... 76 Calhoun Mills . . . Cannon Mfg. Co .,..200 Clover Mills 100 Climax Spinning Co 125 Crescent Spinning Co 82 Columbus Mfff. Co. (Da.).. ..150 Converse, D. E., Co H00 Dacotah Cotton Mills 876 Darlington Mfg. Co .. Dixon Mills ...102 Drayton Mills 48 Dresden Cotton Mills ..(...I10 Duncan Mills 76 Dunean Mills nfd .. Durham Hosiery pfd...... Durham Hosiery "B" Eastern Mfg. Co. Eagle and Phenlx- (Oa.) .-. , Bfird Mfg. Co Enterprise Mfg. Co. (Oa.). Erwln Cotton Mills Co...,, Krwln Cotton Mills Co. pfd Flint Mfg. Co '. Gaffnev Mfg. Co. Oibson Mfg. Co Globe Yarn Mills (N.C.).... Gray Mfg. Co 200 Glenwood Cotton Mills 100 Gluck Mill 99 Greenwood Cotton Mills 175 Grendel Mills .. Oranitevllle Mfg. Co 140 Hamrlck Mills 120 Hanes, P. a, Knitting Co.... 11W Hanes, P. H., Knitting Co. pfd. 98 Hillside Cotton Mills (Oa.h.250 Imperial Yarn Mill (N. C.)..140 Inman Mills 82 ' Inman Mills pfd 91 Jennings f-Jtton Mill .; 210 Judson Mills 240 Judson Mills pfd 90 King, Jno. P. Mfg. Co. ......126 Lancaster Cotton Mills .190 Limestone Mills ..... Llnford Mill Lola Mfg. Co Locke Cotton Mills Co. Laurens Cotton Mills Marlboro Cotton Mills Mills Mill Monarch Mills (8. C.).... Mollohon Mfg. Co. ...... Myers Mill Myrtle Mill National Yarn Mill Newberry Cotton Mills ... Ninety-Six Cotton Mill ,. Norcott Mills Co Orr Cotton Mills Orr Cotton Mills pfd Parkdale Mill Paoolet Mfg. Co. Pacolet Mfg. Co. pfd.... Pelser Mfg. Co Piedmont Mfg. Co. (8. C.) perfection Spinning Co 82 remain Mills .. Panola Cotton Mills Poe, F. W., Mfg. Co 99 Poinsett Mill Uanlo Mfg. Co 105 Rex Spinning Co Rex Spinning Co. pfd 88 Ridge Mills 70 Riverside Mill (par 212 50).. 9 Riverside and Dan River.... 240 Rowan Cotton Mills Co 82 Rockyface Spinning Co 65 Hhyna-Houser Mfg. Co Saxon Mills Seminole Cotton Mills Co. ...100 Sibley Mfg. Co. (Oa.) riparian mnis Sterling Spinning Co. 86 Superior Yarn Mills 86 T xaway Mills (par 125).... 27 ITnlon-Iiuffalo Mills 22 Union-Buffalo Mills, 1st pfd.. 73 Union-Buffalo Mills, 2nd pfd 15 !!!".''l05 100 68 !!!!"!ii5 105 ";i;;;io5 130 105 160 250a 99 88 116 114 94 ...116 100 187 81 166 220 120 141 85 167 430 80 66 230 81 87 97 87 98 176 121 98 271 101 180 76 186 . 66 86 800 115 106 140 190 165 13 102 276 151 228 260 160 240 186 90 101 Victor-Monaghan Co. ....... 80 Vlotor-Monaghan Co. pfd..., 96 Victory Yarn Mills Co 78 Ware Shoals Mfg. Co 140 Watts Mills Watts Mills 1st pfd .. Watts Mills 2d pfd Wtnget Yarn Mills Co 74 Wlscaasett Mills Co 125 Willlamston Mills 200 Woodslrie Cotton Mills Woodslde Cotton Mills pfd.. 78 Woodruff Cotton Mills 160 HEW YORK noNn LIST. I UsnS Win to Dtili Nm.1 V. 8. 2's, registered 1004, J. 8. 2's, couion 100 U. 8. 4's, regietered , 104 J. 8 i s, coupon 104 si Panama 2's, reglstersd 76H 91 92 76 10V 266 90 76 75 98 106 66 110 - 96 29 30 76 ' 39 83 86 146 110 79 95 76 100 75 176 i'anama Is, ooupon American 8. and K. 6's American T. and T. cv, I's Atchison general 4's Atlantic Coast Line 1st 4's.,.. Halt more and Ohio cv. 4 Vi s ... Itethlenem Steel reg. 6's Cen. of Georgia Consolidated 6's Central Leather 5's Chesapeake and Ohio ov. 6's.... C, M. and St. Paul ov. 4's C, R. I. and Pao. Hy. rof. 4's... Col. and Southern rcf. 4 Vi'a. . . . Den. and Rio Urande consol. 4 8. Horn, of Canada 6 s (1931) Krle general 4's Illinois Central ref. 4's Int. Merchant Marine 6's K. C. Houthern ref. 6's Liggett and Myers 6's Louisville and Nashville un. 4's. Missouri, Kan. and Tex. 1st 4's. Missouri Pacifls gen. 4's N Y. Central deb. . ,'s Norfolk and Western ev, 6's-.-.-. Northern Pacific 4's Pennsylvania general 8's ....... Reading general 4's , . , . , . Republic I. and 8. 6's (1940) St. L. nnd San Fran. adl. 6's Seaboard Air Line adj. t s Southern Hell Tel. 6's...- Southern Pacific cv. 6's Southern Railway 6's Southern Railway general 4's ... Texas and Pacific 1st 6's l'nlon Pacific 4's United Kingdom of O. B. and 1 64's (1837) V. 8. Steel 6's Virginia-Carolina Chem. 6's .... Wabash 1st ,. Wilson and Co. cv. 6 s Liverpool Cottoa. Liverpool. Nov. 28 Cotton quiet; prices easier; good middling ; tuny '6)4 eo-X .108 . 86 V, : . 87 . 8H . 94 . U . 68 : a . 74 . 94Vi 46 . 82 4. . 93- . 85K . 92H . 87 . 74 . 62 .ll'"Vi .104) . 8H . 95" . 82 V 74 17 91 95 90 64 Vi 87 88H 96 9K 961, 95 88K spot il. 77: fully mlddllnsr 1117: middling 10.97: low mlddlinir S.67: Brood nrdinarv 7.92; ordinary 7.17. Sales 6.000 bales. Including 5,600 American. Rerelpts 17.000 bales. no American. Futures closed ersy; November 10.64; December 10.68; January 10.67; March 10.53; May 10.47; July 10.40; September 10. 1L COTTON CLOSES AT GAIN Early Liquidation Cauaes a Bad Stomp Hut Rally I'uta General Market 3 to 2 Points Higher at End of Day's Trading, New York, Nov. 28. A renewal of liquidation caused further sharp de clines In the cotton market during to day's early trading, January contracts selling off to 17.11, or 46 points net lower and 139 points below the high level of last week. Offerings then be came smaller aad a covering movement developed which sent January up to 17.70 In the late trading, or 59 points above the early low and 13 points net higher. That delivery closed at 17.65 with the general market closing firm at a net advance of 8 to 25 points. Tha market opened easy at a de cline of 17 to 80 points, owing to the continued weakness of Liverpool, .re ports of unfavorable trade conditions in Manchester and complaints ox a con tinued poor demand with a declining tendency in the domestic goods mar ket. Private cablea reDOrted increas ed hedge selling In Liverpool. Similar reports wore received from New or lABnn. and there waa also some hedge selling here, accompanied by rumors that spot cotton could oe purcnaseu in some eastern belt seotions on a tenderable basis. This pTomoted local selling as well as scattered commis sion house liquidation, as a result ot which December eased off to 17.28 and March to 17.08 during the middle of the morning. - A. , m The market then showed the Influ ence of a firmer technical position, as there was a distinct subsidence of selling pressure and the advance later in the day was accompanied by reports that trade and other Interests had absorbed many contracts on the early decline, ... . ' , . There was also bullish comment on the situation as to pink boll worm In Texas, and probably some buying on reports of a better tone In the stock market and foreign exchange rates. The latter was attributed partly to reports that the reparations commis sion had called a conference of Euro pean bankers to discuss the stabiliza tion of exchange rates. December ral lied to 17.90 and March to 17.62 and the close was within a few points of thRepo"rts that the state of Louisiana had Issued quarantine regulations against cotton from New Mexico. Texas,-Oklahoma and Arkansas be cause of the Dink boll worm were re garded as Prooaoiy iu....--- rower ameicu? leans and New York. New Or- Sat. Ooan High. Low. Close. Close. 17P38 1790 17.28 17-90 17.65 17 25 17.70 17.11 17.66 17.57 17 2? 17 62 17.09 17.60 17.5o 1710 nllo 16 83 .17.32 17.29 18 64 H 85 16.33 16.85 lft.70 .niton oulet: mldinng is.su. Port Movement Of Cotton. nrieans: Middling, Deo. Jan. Mar. May July New 12; sales, 614: oelpts, 8,891; exports, Alston: Middling, 17.85; receipts. 8 974- sales, 688; stock, 424,699. Mobile: Middling, 16.26; receipts, 26; ,0Sa8;ann;an!ddlln"; 17.13; receipts, 2,1 17rPo" t,, 7,616; tales, 146; stock. Charleston: Receipts, 69; stock. 1J0,- "wilmlngton: Receipts. 861; stock. ,4Tex'as City: Stock, 11,138. Norfolk: Middling. , -00; receipts, 2.578; exports, 262; sales. 100; stock. 127 824 li'altl'more. Stock, 1,949 Boston: Middling, 18.00; receipts, 271: stock, 8.800. , Philadelphia: Receipts, 206; stock. 1 Nei York: Middling. 18.20; sales. 200; stock, 112,009. - 'm "' ' Minor ports: Receipts, 6,872; export. 5,872; stock, 2,633. , , ... Total today: Receipts, 24,865; ex ports, 13,762: stock, 1,487,635. Total for week: Receipts, 65,783; exports, 16,902. . A1, Total for season: Receipts, 2,914,792; exports, 2,273, a-".'. PRICE OF WHEAT HIGHER Australia's Smaller surplus and Low Condition Of Kansas Crop Cause Hlae -Close 2V To 2H Cents Up. Cora and Oat Are off. Chicago, Nov. 28. Heavy falling otl in the estimated exportable surplus of Australia, together with a record breaking, low condition of the winter crop In Kansas did a good deal today to lift the value of wheat. Prices closed unsettled, but 2H to 2tt cents net higher, with December 1.14H to 1.14 and May 1.11 to 1.17.' Corn finished unchanged to J cent up; oats unchanged to oent oft, and provisions uncnangea at oo cents ntgner. Open. WHEAT: Deo. .. 1.124 May .. 1.16 CORN: Dec. .. 484 May .. tt OATS: Dec. .. 88 U May .. 883 PORK: Jan. . .16.50 LARD: Jan. .. 8.65 May .. 8.87 RIBS: Jan May .. 7.75 casn grain: High. 1.15 1.18 49ty . 66J 8 38 16.60 8.65 9.02 7.75 Wheat, Low, Close. 1.12 1 i.a8 48 64 88 if 16.20 1.53 1.87 7.72 1.14 H 1.17 49 64 28 88 15.20 8 52 8.92 7.35 7.73 No. 3 red, 1.25: Houston: Middling, 17.65: receipts, 11.425; shipments, 13,132; sales, 1,375; Stock. 898,863. , . Memphis: Middling, 18.00; receipts, 8,123: shipments, 7,059; sales, 850; stock, 267 278 Augusta: - Middling, 16.88; receipts, 1,146; shipments. 1.000; stock, 142,791. i St. Louis: Middling, 18.00; receipts, 6,494: shipments, 6.494: stock, 27,545. Atlanta: Middling, 17.90. Little Rock: Middling. 17.75; receipts. 765: sales, 314; stock, 60.864. Pallas: Middling. 17.20; sales,M,991. Montgomery: Middling, 16.76. Total today: Receipts. 26,171; ship ments, 27,65; stock, 787.335. ADDITIONAL STOCK LIST. (Br Uisd Win 10 Dally Not I New York. Nov. 28 Following are closing prices on additional stocks: Allls-Chalmers 36 American Tobacco 129 American Zinc and Lead 11)4 Ueth. Steel 3 per cent pfd 105 butts Copper - 6H Chicago and Northwestern 70 i C., M. and St Paul pfd 88 V C, H. 1. and P. 6 per cent pfd..,. 76 C, R. I. and P. 7 per cent pfd.... 87 Chile Copper 18 Clilno Copper 26 C, C, C. and St. Louis 49 Vi Consolidated Textile Corp. ...... 14 Cosden and Co 38 Cuba Cans Sugar pfd 17 Davison Chei!ical 64 Kamous Players-Lasky pfd 87 Kreeport-Texaa 16 General Motors 6 per cent deb. ... 70 Goodrich Rubber Tire 81 Houston Oil so Lackawanna Steel Liggett and Myers . M., K. and T. M , K. and T. pfd .. Missouri Pacific pfd New York Airbrake Otis Steel Pere Marquette Plorce-Arrow ........ Saxon Motors Submarine boat ,-. . Lnlted ltrtail stores Virginia-Carolina Chemical Vlvadou. Incorporated ..... White Oil 43 ..155 .. 2 .. 34 .. 48 . . 59 ., 8 .. li .. 14 .. 2' 3Ti 53 34 7 13 BALTIMORE! fiHAIX AMI HAY. I Br UMed Win to Diilr Newt.) Raltlmore, Nov. 28. No. 1 red winter .pot, no quotations; No. 2 red winter spot, 1.19; No. 2 red winter garlicky spot, l ift,; November, 1.18; Decem ber. 1.18V Corn Cob corn, old yellow, quoted at 2.65f2.70 per barrel; contract corn, spot, 60, nominal; track corn, yellow, No. 2 or better, old domestic 66. Oats White, No. 2, 48f44 per bushel; No. 3. 4142 per bushel. Hay Receipts. 12 tons; range from lt.00921.00 per ton, with a moderate demand for fair to good quality of tim othy and mixed hav. t Liberty Bonda. New York, Nov. 28. Liberty bonds closed:-3'e 96.06; first 4's 96.00; sec ond 4'a 96.88: first 4'a 97.00; second 4's 96.14; third 4's 97.84: fourth 4's 96.46; vlctury J's 99.96; victory 4 Vs 99.91. I . corn, No. 2 mixed. 49ffi06O: No. 2 yellow, 49 19 5044. , PINK ROLL WORM CAUSES AN . ADVANCE IN PRICE OF COTTOW New Orleans, Nov. 28. The pink boll worm waa the big factor In the trad ing In cotton today and It brought the market out of the fairly vide decline to moderate net advances, the rise from the lowest of the session amounting to 71 points on January, which sold as low as 16.40 ana as nign as 12.11, finally closing at 17.09. At the high est of the day the trading months were 5 to 27 points over the last quotations of Saturday; the close was at net gains of 6 to 25 points. The early part of the day was fea tured by heavy pressure against tbe market which was on tha opening, en couraged by a much lower Liverpool than due. Much liquidation came from the long side and as the price fell stop loss orders were caught. At first no great amount of attention was paid to the pink boll worm situation and when the market got 41 to 45 under the close of Saturday It was the real izing by shorts that checked the de cline, rather than any other factor. Baton Rouge wired the cotton ex change that tne state of Louisiana had quarantined against New Mexico, Tex as, Oklahoma and Arkansas because of the pink boll worm. While it wo. atated that this would not Interfere with the export movement of cotton through New Orlenna rnm th nn.- antlned area it was generally accepted that It would prevent cotton from that area from going on contract. This helped the price to some extent but buying gradually Increased on the fear that the worm would restrict acreage r.,1,.i. ;na irom no,r n might be a fresh Influence of Import ance working against the production ot cotton. High. 16.93 17.11 17.16 RUCKER & COMPANY Cotton Merchants GREENSBORO. JNOflTH CAROLINA . MEMBERS . ? New York Cotton Exchange New Orleans Cotton Exchange WANTED EXCLUSIVE u DISTRIBUTORS S December January March ., May .... July Low. Close. 16.35 16.93 16.40 17.09 16.62 17.14 16.35 16.83 15.94 16.40 Open. . 10.51 16.60 16.75 18.58 16.97 16.13 IS la opot cotton quiet; middling 17 on NRW YORK CURB LIST. 'Si Uuu Win ts Dalli (mi h)J'WYorJl,JNov' 2 Following are " ituuiauons on tne curb Aetna Explosives ... Boone Oil' Boston and Montana Consolidated Copper DavlsrDalv ......... Federal Oil ., Olenrock Oil ...... Int. Petroleum (new) Magma Copper Maracalho Oil Mnrl-I fti v.icr MIKW j ....... Simms Petroleum ....... Skelley Oil Swift International V. 8. Steamship Hnlted Retail Candy .... vi right-Martin Aeroplane Bid. Asked. 12 14 30 32 80 82 ft 16 18" 17 . 22 24 84 u 8 li 18 5 Calrago Curb. Armour Leather com. .. , Armour Leather pfd .... Armour Packing pfd .. . Clidahy Packing ' Llbby and Co ' National Lenther !! Swift and Co. ..... Union Carbide 14 10 20 in each county in North Carolina who are financially re j sponsible to handle Paul Clover Leaf Cord and Arrow Head Fabric Tires. Our introductory offer with a liberal I extra discount is being made only to the few who act im- mediately. This is a Carolina product and we expect to I make it the leading tire used by Carolina Auto Owners. m We start production at an early date. Get your Contract I now. Wire or write for further information. I THE PAUL RUBBER COMPANY I Salisbury, N. C Geo. G. Scott. C. P. A. ' Member American Institute of Accountants Walter Charnley, C. P. A. Member American Institute of Accountants Scott. xCharnIey and Company Cltlaens' Bank Building Ralelgk, N. C. Certified Pnbllo Accountants 104 Horth Elsa Street Greensboro. American Trust Co Bank Bids;., Charlotte. N. C. n. a Loan and E3cnansfar Bank Bulldinar Colombia, S. C J. D. HIGHTOWER, C. P. A. r Auditing and Cost Accounting, Conservative Income Tax Practice ' Rooms 1, 4, 5, 6, Real Estate and Trust Building Telephone 1331. 2 to I points net higher for the bal ance. Sales 21,400 barrels of which t.suu represented switches. Prime crude 6.857.00; prime summer yellow spot 8.008.25; January 8.25; March 8.64-and May 1.14, bid. ?. a 6 y6 2 8 99 100 45 46U New York. Nov. 28. foreign i. feVah'Ie. ftjfc cab c. VSolT Se"""m' d""nd 169; cables SoKSdn,yd1eernna1 "rf Sweden .demand 23.45. Denmark d IMS1 Sn?n ""V1!"' ' 5.SS is a. Spain, demand 13.90. Greece Brasil, demand 13.25. Montreal si , Cottonseed Oil. sim V T?rkl Nov' 28 Tenders of 16. n M.br.'iel" "n """tract and consequent liquidation In. December carried cotton seed oil off 1 to 4 points early but to"- So wlthdethV.'rw, ub"1ntly firmed up with the better showing In other commodity markets. Casing bldS were 1 points lower for December and Will It you've never read Carlrton's Immortal o m a , Farmyard Ballads," ask Grand knows. And now tkey are la pictures. Watch. BUY MOON-SHINE KISSES "Sweeteat Of All" Spoon & Lewis Consulting Engineers America Bank Ballilasr Highways Brldarra Itroats Waterworks. Bewera Etna-Auto TouringService Wherever you may travel you will find an Stna-Auto Agent ready and eager to give every assistance in his power to any motorist protected by Etna-Auto Insurance. Once you have reported your accident or loss to him, your troubles are over. He will shoulder all responsi bility, look after your rights and interests, and leave you free to go on your way, saved from all expense, annoyance and delay We will be (lad to show you the advantages of jEtna-Auto Combination Insurance, protect ing you against every insurable motoring risk. Merrimon Insurance . Agency DtxIe'Bulldlng COTTON If you are interested in cotton, you will be inter ested in our interesting and valuable Weekly Cotton Review, sent free , " upon request. We specialize in the satisfactory execution of . orders for 10 bales tnd multiples thereof, on a '. margin of $5 CO s bale. Our facilities for exe " ' curing telegraph orders -are unsurpassed. . We suggest that you write for the latest issue , of our helpful weekly . circular without delay. Oliver & Houghton Mumbwra Ammriemn Cottmm mnd Grain Echmnm 59-61 Pearl St P . New York' GILBERT C. WHITE CO. An OrranlsUstlon nf Civil, Mechanical, Electrical, Chemical Knariacers DURHAM, N. C. WATER WORKS, POWER PLANTS, ITKfeUTS. ROADS. GREENSBORO, C BRANCH Lleeaaeo lleteetlves JOHN R. TOWLE. Cen. MKr. Formerly Asst. Msrr. WILLIAM J. BIH.V81 INTERNA TIONAL DKTEITIVH AUENCV. lew . York City Offlce. . If. yon have been victimised hy the had eherk srtUt, address Bad Check Department. TOWLE'S SERVICE CO. ' 314 West Market Street Over SOO Operatives In N. C. W. W. DICK V Heatlnsr Contractor Estimates furnished on steam, vapo ind hot water heating-, sr., where In orth Carolina. Hrllrmende. Next to Dixie Apartment. , Jse News Want Ads
Greensboro Daily News (Greensboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 29, 1921, edition 1
14
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