GREENSBORO DAILY NEWS, SATURDAY, DECEMBER 17, 1921
12
BY GEOXGE itiviANUS
BRINGING UP FATHER
OH! NUiT YOU CO
OOT TONIC.HT 5 VELl-
TOMORROW NICHT
f I'M
OIN' IN TO Av'aK.
ee: J'CCb
MUt)T ec
on coon
f oh: i
I see:::
HER HOW IF I KIN
T OOT-
TERMIs WITH
PNr FOR OIN-SER-
Hit) WIFE.
I JUtT MEA.RO bHE WOZN'T TAUKItS-
vour. wife f-J TO NE wuz
eV IT WVb TA.UK.IH- TO THE. (IT
ALL HI6HT 7 C-OOK - rjrJ
fOKVOUTO TT2T",WI
Q OUT ZJ n L
Jy
CTTTl I
( rTJTrrTT
IS
APPRECJABLYLESSENED
There Is Increase In Number of
Recessions Owing to
Profit Taking.
A FEW NEW HIGH LEVELS
(B, Lat YVIi t Hailr NesO
(CoprrUM, ltc!l. In PM ladcivbia funk Udtrr.l
New York. !. I. Tliore mum an
appreciable lease. ,i of activity to
day In lha voHmw of mock exchange
lran"cti"iie, with iin Increase In the
number of recensions, due, however, In
moBt case to profit-taking by recent
buyers. The undertone was slightly
unnKa'ly, thus creating an impression
of Irregularity. The market was Riven
Hs dominating color, however, by the
urlvances that established liw high
level In l'aciflo Oil, Lima Locomotive
and tlencral Asphalt, aa well as the
mtrcnutli displayed by American Loco
motive, ijorn 1'roduets and Ktudebaker.
There was nothing of special moment
in the day's news to account for the
atrength in these slocks, but trader
are beginning to take note of the (act
that while the market hat been going
KTiiduaHy upward for the lust three
months, the advance haw been accom
plished In the face of almost dally pre
dictions of a reaction that has not
taken place. .
About the only heavy feature of the
market so far as group action whh
concerned, was furnished hy the rails,
which were generally sluggish, The
notable exceptions were Atchison and
Louisville and Nashville.
For the first time in several weeks
the statement of the federal reserve
bank showed a decline In ratios, the
figures being 72.6 compared with 73.1
Inst week. This resulted chiefly from
an Increase of 120.30(1,000 In note circu
lation. HI III further Improvement Is
hhown In the position of the southern
and western reserve hanks. The In
debtedness of the Dallas bank now
ntands at only l,Oon.niiO compared
with 24.0WI,ooo at the end of the sec
ond week In Heme fiber,
"MONIITOIfH" WALL HTRF.KT GONHIP.
(Br UiaMil Win to Dull; Nma.)
ICawniK. nm, bt PalutklpLu ruMIc Ledcar.)
New York. Deo. 18. The longest
continuous advance In the average
Iirlco of a selected group of railroad
nnd Industrial slocks without a 2-polnt
reaction was from February 8 to ,lune
, l, IMS, a total of 117 trailing davs.
Today marked the 115lh day of ad
vance In these, same Kroups without a
S-point reaction. Market statlsilclans
consider that an advance which Iium
continued so long without normal re
action makes for caution.
fools bid their specialties, sell out
lo other pools who continue the per
formance, and always the Independent
door trader Is selling short on the I he
nry that the advance sustained so long
must be ncnrliig its end. One large
trader today was reported to have cov
ered a line of JO.Omi shares of a low
Jiriced oil slock with a loss of more
than 7 polnls. This has not been an
uncommon experience of the profcs
Honal element In rocont luarket ses
sions. One of the low priced steel Issues
to which little attention has been paid
is Otis Steel sellliiK Just under $10
per share. It was polietml out today
that this company has cash on hand
of dH.MO.OOO and no bank loans. It
was suggested that this situation
might Indicate the Inclusion of this
company In the proposed merger of
the Independent steels.
Nome weeks ago a large firm re
ceived an order to buy Lima Locomo
tive stork. They executed the order
tinder 70 and had their statistical i
partment make an analytical study of
the company. The result shown by
this analysis did not make the- firm
enthusiastic as to the possibilities of
purchase. Nevertheless, the stock sold
today considerably above par and ac
cording to firms which have been
largo buyers la destined for consider
ably higher prices on Its Inclusion In
a merger with the Haskell Harkor
1'ullniun combine,
MONITOH.
C. B. KVAVV Hlr'AiO LETTER
(Rr laJ aire io Pall, N.s.)
Coer-tint. er rhllaealtihw Mailt iyHnr. I
Chicago, Deo. 16. Habitual observ
ers of the security market accustomed
to estimate values and future prices
on the basis of Immediate technical
conditions such na earnings of the
properties ami rates for money, are
falling to recognise adequately one of
the most powerful factors In the ad
vance we have already had and In the
hope of a Kood trading position for
" tuMn'i ciiik in me Huocr-
llelul speculation are the thinking
men and they have hart a tremendous
part in tno chatiKes qccurritiK in the
past few weeks. To them the result
of the armament conference thus far
are tne most satisfactory element.
snusiactory that they are wIIIIiik lo
make purchases of some stocks which
are not earning- their dividends but
wnion nave a future.
The Intlmutlon from time to time
that the conference meant snmethlnK
more than mere academic considera
tion of armaments or even a practical
lonsincrauon, nuu a sound basis. It
now well known that the menace of
a war between .lauan and the United
fHtales was a real and Immediate thing
conference among- the delegates. Well
Informed Europeans understand the
situation belter than Americans, for
In Kurope the Japanese were huvlug
military supplies on a liberal scale.
This Is said to Intve been done In view
of the probability that If the confer
ence failed in the matter of reducing
armaments and settling the I'm-1 lie
. ouestinn affairs would be worse than
beforo, but many of the purchase
uppear to have been long; before the
.. . i-unference was proposed. -
The removal of the menace of war
mid the cordial relutlons that have
been established among three of the
. powers furnish a background not only
for the stock market hut for general
business which the best of our think
ers consider of Inestimable value.
. O. I). EVANS.
A rood business woman usually
ortves a harder bargain than a man.
1921 v mt-l FiAtum SSRViCf. Inc. -4
OtiTHEHN MILL
I) I I D1CXMQ me
STOCKS.
ceispior,
I. C sad Onuriut, a O
.200
Asmo Spinning Co. ....
Arcadia Mills
Alluen Mills ,
mercnn Spinning Co ' ..
American Yarn and Proc. Co.!'"
Anderson Cotton Mills ....... 73
Mllnton Cotton MIIH
Aragon Cotton Mills (S. C.)..10
' rcaile t'ntton Mills ........ ..
Arrow Mills
Augusta Factory ......
neiion cotion mum ..
I'eaomont Mfg. Co
Bibbs Mfg. Co
Hrogon Atilla
Clara Mfg Co
Clifton Mfg. Co
Cabarrus Cotton Mills 173
C'wick-Hosklns Co (par 25)
iift't-vei 'osktns (jo. pia
Chluuola Mfg. Co.
Chlouola Mfg. Co. pfd....
210
90
73
105
10
.130
. 10
STOCKS NOTSO ACTIVE
Tharadn-r'a Aggressive Haying Move
meat Was l.s. klng In Friday's Trad
ing Nprculatlve Or Selected Issues
The ,M Aellve.
New York, Dec. 16. The aggressive
buying movement that featured yes
terday's session of the stock exchange,
was lacking today. Trading was fair
ly active, but ran more to speculative
or selected issues. :
Overnight developments, such as
Oermany's virtual default, the closing
of coal mines In the Pennsylvania dis
trict and prospective t reductions In
automobile prices were among the
several Incidents calculated to di
minish bullish enthusiasm.
The cuts In prices announced by
one of the chief subsldarles of the
United Htato Hteet corporation and
further declines in OUOtatiOllS for
scrap iron and steel were Indicative oflcalhouu Mills
the backward trend In thnt Industry. Cannon Mfg. Co.
Foreign exenange conuoueu io no
adversely affected by the Oermun
! situation. Coalers finally threw ott
professional selling pressure ui uiuii
of the Important issuea ana miscel
laneous stock reacted 1 u i poinia on
moderate offerings,
nils airaln annulled a disproportlon-
.1. hnr of the dav'S business, CSPe-
dally secondary or low grade Issues. Dresden Cotton
cttoala unA eniilnments were mixed, as Duncan Mills .
tir motors ana tneir epeciames uufc nunean Mills ma
gains ruled at the Irregular close. I Durham Hosiery pfd
Call lonns opened and renewea mio uurnam iioBiery "a
nt weeu nt f. ner cent, the rate later! Eastern Mfir. Co. .
rising to avi, againei 7oiriuj i cagie ana i-nenix tua.;.
...hum of 6 ner cent, unoiaiiono mnra Milt. Co.
f- tiow. funds were unaltered but Knterurlso Mfg. Co. (aa.)
,.,nn.v wi, mora freely offered tor the I Krwln Cotton Mills Co
shorter maturities. ... Krwln Cotton Mills Co. pfd. .100
Tltern was a nronouncea la a uuiriini .hk. v.
,h. Hemutot fur hondS. HlOSt . Of Oft (TnCV M f g. Co.
Aleh. Including liberty Issues, re- Gibson Mfg. Co 176
anted nn further realising:. The New Globe Yarns Mills (N. C.).... 60
v-l, .in tin lino .000 offering Bold nt a Grace Cotton Mill Co. . ...
sllaht premium. The foreign division Oray Mfg. Co 200
was Irregular at nominal cnangos.
Total sales, par value, 116.350,000.
Closing Stock. 1.1st.
Bid Ash
82
COTTON IS SOI HIGHER
BO
100
115
7i
216
IH
136
42
85
230
101
83
125
111
11)0
15
100
187
Forties He cove ry In Prices Due Chief
ly To Reports That Trade prospect"
Are Improving Aa Advance Of S to
90 Points.
New York. Dee. 16. Reports of im-
nrovlng trade prospects were consid
ered chiefly responsible for a further
recovery In tne cotton market toaay
.200
.100
.130i
. 84
.150
Clover Mills
Climax Spinning Co
crescent Hninn uir Co
Columbus Mfg. Co. (Ga.).
Converse, D. R, Co
t'acotan cotton miiis sib
Darlington Mfg. Co ..
Dixon Mills tut
Drayton Mills
Mills 210
. 78
! 90
. 27
. 85
.125
.112
15
Spoon & Lewis
Consulting Engineers
Asierleaa Rank llullalasi
Rtekwars Hrldarre Streets)
Waterworks, Sewers
SOUTHERN RAILWAY SYSTEM
Arrlnl Mi DMrtir. at Piiwntr Trilok,
From
im Of. .lllVrtSh. -Nrt i'nrk . .
Nn York UtlnnM-Hlritlniliain
K his .pViill -Nrs Vira . . .
are Torh ('oliiRiMt AufiaU .
McS IS. (liarlollt'AMi'lUle
w Vnrk AtUnU
Vtirk Atlnnla-Nnt Orlutia
rtiarlDlts .IHhlnKlne t . .
. Motml Art
H.il)loril
Mi. AW .
trti'tinlHire
iunilllo .
N- nr. .
hrill .
K.ufo
ISnnfiTii-Wllmliiitwi
' -Hl"n A.h.MlK
1'hsr . -V. r!,tlnlnir ,
Ws.-Nr Vr .
tlrllMUiUra .
.Mml Atrf
e a. N. V'Allanti Npw Orlraai
H'lSlBIHt
Ml Airy . .
iKorlllD ,.
Atlintl . .
Atipnu . .
AUtliU . ,
Ar. No.
r0c.lll si'leti Ooldition) 1112!
O'Stiil 5 niniu Sl-m T
Ittnnirllle
B;ikferd
r rlot
iBlfl siond-Norfelk
Wib..Ne nrfc
inuS.-Nrs Yorl
Irtwes (irmnHwi
No. Arrltf Lratc
I ;1(M!I;dU0:6J
I 2!12:0Hi3:lr,4
I 3"! 3:44l 3 'tills
1 Sl 4.10.1 4 H.l
1 "I I.'.. s:.10.!
: i -i I c a'.. i-.-
I 3Ti t 3S T:1'J.
! HI T:C,. T:S.
na : ,'ci),
i;ui:ii;,iri:.uiii
I -J i i 1 1! 1 op 1 2 'Ulp
4M12 Jllo 1 3:4&D
,1 'J3I t opl ( ii,
. I'l 4 Hp 4 30p
.1 :iM iv s-V'n
I mf Jii)i f top
132 i:p 1 2f
43 f:2iip t'Mp
12) 10 Ot'plHl
SO 10 2 1 pi 10 Jp
HKlliUp
No. If.
Allied C. and D.
Am. lleet 8
Am. Can
Am. C. and v. . .
A. K. and U pfd.
Am. Int. Corp...
Am. Licomotlve.
Am. I.lnseed ...
Am. H. und K. ..
Am. Kugar ....
Am. Hu. Tob. ..
a Am. T. and T. ..
Am. Woolen
Anaconda Cop.
Atchison
A. C. L. ;
A., (1. and W. I.
Uald. Loco
U. and O. .......
Iletu, Hteel "11".
Can. l'aclflo ...
Cen. Leather . .
(.'handler Mot .
C, and O
C, M. and 8t. P.
C, K. 1. und P..
(.'oca-Cola
Corn Products .
Crucible Steel . .
Cuba Cane H....
Kiul't-Johnson .
K.rle
Famous Players,
(len. Asphalt ...
den. Ulectrlo , .
(.len. Motors ...
(I. N. ii fd
0. R Steel
Illinois Central.
Ins. Copper
Int. Harvester .
Int. M M. ptd..
Int. I'uper
Invincible Oil ..
K.-H. Tire
Krnne. Copper . .
L. and N
Mex. Pet
m. a. imi
Mldvule Steel ..
Mlosourl Pacific,
N. Y. Central . . ,
N, V.. N. II., U..
N. and W
North. Pacific . .
Okie P. and 11.
I'aclllc till
Pan-Am. Pet. . .
Pi'tliisyhanlii ..
Pure Oil
Iteadlng .
Hep. 1. and 8. ..
Itovul If.. N. V ,
St. h. and San K,
S. A. L
A. I pfd ....
Sears-lloebuck .
Shell T. and T. .
Sin O. und 1L ..
H.-S. S. und I. ..
Ho. Pacific
So. Itv
So. Hy Pfd
S. 0. of N. J. pfd
Stude. Corp
Teiin. Cojiper . .
Texas Co
Tex. and Pan, . .
Tobacco Prod, .
Trillin, (Ml
I'lilon Pacific ...
lulled Kruit ...
P. S. Kood Prod..
IT. S. Ind. Al....
V. R. Stores
U. H. ltubher ...
V. H. Steel
V. M. Steel ptd. .
I'tall Copper . . .
Vanadium Corp..
Vlr.-Cnr. Chem..
w. u.
Wesu Elec
Willys-Overland
Total miles. R7
iou'j Blikeit
80 (84
10 28 Vi
40 H4
0 14
28 81
113 43V
84 lOOVi
8 81
27 47
114 64
10 81
l 117
H8 :
4
ii a
8
84
98
35,
57
13 WW
5 31
btl
8
34
145
80
42
68
31H
48
52
81
117
81
4tHi
D0
88
83
H6 U
85
57
ClasM
67
28 4
84
146
81
42
H8
31
46
63
81
117
81
4U
1
8'J
33
118
86
Dl
12
14
40
32
211
78
28
47
12
2(1
126
286
5
81
64
7
2
42
12
42
30
15
27
87
5
60
6
20
32 i
41
08
88
7
80
10
77
70
141
11
76
48
99
42
85
65
68
12
44
27
110
120 121
30 30
50
66
111
31
40
8614
67 'i
6
78
10
75
68 H
60
66
19
81
40
97
87
67
78
10
76
69
Glenwood Cotton Mills 100
Clluck Mills 100
Greenwood Cotton Mills 176
Grende Mills
Granitevilla Mfg. Co
Hamrlck Mills izu
Hanes, P. 11., Knitting Co. .. 11
Hanes, P. II. , Knitting Co. pfd 99
Hillside Cotton Mills Oa.)..260
Imperial Yarn Mill (N. 0..135
nman Mills 82
Inman Mills, pfd 92
eiiaiugs '.'jttori Mill 210
Judsou Mills 240
Judson Mills pfd 91
King. J no. p. Mfg. Co 126
Lancaster Cotton Mills 190
Limestone Milla .'
Linford Mills ,
Lola Mfg. Co 95
Locke Cotton Mills Co 110
Laurens Cotton Mills
Marlboro Cotton Mills 66
M s Mill
Monarch Mills (H. C.) 103
Mollohon Mfg. Co 106 -
Myers Mill "
Myitis Mills
National Yarn Mill 120
Newberry Cotton Mills 106
.Mnety-uix cotton Mill isu
Norcott Mills Co ....250
Orr Cotton Mills 90
Orr Cotton Mills fd 89
Mills A
January contracts sold up from 17.42
to 17.85 or 36 points net nig ner ana
more than 15 per bale above the low
level of last Tuesday morning. They
closed at 17.80, with the general mar
ket closing barely steady at u net ad
vance of 5 to 30 points. There was
some nervousness over the situations
to German reparations . payments
at the opening, .
Liverpool made a lairiy sieaoy
showing and first prices here were 1
nolnt hiirhar to 1 notnt lower, but ac
tive months showed net losses of 5
to 8 points right after me can wnn
March selling at 17.43. The compara
tively small offerings were readily ab
sorbed on this setback, however, and
the market turned tinner before the
end of the morning on talk of light
private ginning returns and reiterated
reports of an Improving trade demand.
The south was a considerable buyer
here presumably to cover snort con
tracts, while covering was also re
ported for western and Wall Street
account and there was some trade
97 buying on the advance which carried
84 I March contracts up to n.ov iu me .aits
trading. LaBt prices were 4 to a points
off from the best under realizing.
Private returns were said to indicate
ginning of 7,800,000 hales to Decem
ber 13. or about 169,000 for the first
half of December, which was regarded
as Indicating that the crop was no
larger than the estimate of last Mon
day. A local exporter reported bids
from Kurope close to a worauia union,
suggesting thai business might soon
develop, and there were Galveston
advices Indicating that a largo amount
of ocean freight room had been en
gaged for shipment from there to Jap
an early In the new year. Week-end
ngures snowea a railing on m mi
movement of cotton both in and out
of sight as compared with the previ
ous week but Indicated a further de
crease of 20,469 bales In the world's
visible supply of American.
I ours.
Open. High. Low. Close. Close.
17.60 18.03 17.70 18.00 17.73
17.60 17.86 17.42 17.80 17.60
17.60 17.79 17.42 17.76 17.48
17 ao 17.48 17.20 17.28 17.27
16.86 17.05 16.81 16.96 16.88
WHEAT PIES ARE OFF
Rain and Snow Over Larsrc Part Of
Winter Belt and Kellef From
Drought Tend To get tke Market
Back Corn ani Ont Higher.
Chicago, Dec. 16. Kaln and snow
over large sections of the winter belt
crop with reports that droughty re
gions In the southwest had received
some moisture tended today 'to make
wheat prices average lower. The finish
was unsettled at cent net decline
to cent advance. May 1.12 to
1.12 and July 1.02 to 1.02. Corn
closed cent off to up. Oats gained
to , and In provisions the out
come varied from 6 cents loss to a rise
of 7U cents.
nisrii.
165
220
120
141
90
166
105
430
79
111
48
230
76
87
98
175
121
91
171
175
61
186
65
85
800
115
Open.
WHEAT:
May .. 1.12
July .. 1.03
cuk.n :
May ,. 53 J4
uly .. 64
oats:
May .. 37
uly .. 88
pokk:
Jan
LARD:
Jan. . . 8.50
May .. 8.90
tuna:
Jan. ......
May -
cash ftratn:
Low. Close.
7.55
.... 7.85
Wheat, no sales r
ported; corn, No. 2 mixed, 4747;
o. a yenow, KfiigiB.
flUW YORK Cl'RB LIST.
IB) Uued Win to Dtllr Now..)
New iora, Dec. 18. D'oliowlnsr are
bid and asked quotations on the curb:
urn. Askea.
Aetna Explosives 12 14
Boone Oil 25 28
Boston and Montana 86 88
Davis-Daly
.aa' D.l.n.nn SI
1
Engineers Petroleum
Federal Oil
140
185
165
12
102
276
151
88
226
260
150
240
130
86
101
Dec.
Jan.
Mar.
May
July
Spot steady; middling 18.80.
141 141
11
74
48
99
41
84
84
65
11
43
26
108 110
11
711
48
99
42
4 IS
64
66
11
43
26
185 117 116 117
199
26
19
16
24
4
113
It
502
69
86
S3
72
15
60
30
3
3
76
4
32
81
21
8
8
127
19
132
99
5
43
15
28
17
73-i
13
98
79
3
60
b5
3.1
89i
72
64
62
Jl'.i
3
4i
59
38
23
38 '4
80
19
47'
114
82
10
48
53
. 64
11
126
14
28 '4
17
72
13
97
78
3
48
64
32
39
71
63
51
21
3
4
68
38
22
38
- 79
18
46U
113
81
10
47
23(4
63
11
126
14
28
17
73(t
13
97
79
I
49
65
32
39
71
1.3
61
21
4
68
da1.
38
8
111
1,
1I4
81
10 i
47
23
63
11
126U
'nrkdale
Pacolet Mfg. Co. . .
Pacolet Mfg. Co. pfd
1'eiser Mfg. Co. .i
Piedmont Mrg. Co. (8. C).
Perfection Spinning Co. .
I'elham Mills
Panola Cotton Mills ,. ..
Poe, F. W.. Mfg. Co 99
Poinsett Mills
lUnlo Mfg. Co 100
Hex Spinning Co
Hex Spinning Co., pfd 90
Hinge mine
Riverside Mill (par Jlz.bO).. 9
Klversidu and Dan Klver 240
Howan Cotton Mills Co 80
Hockyface Spinning Co.
Khyne-Houser Mfg. Co
Saxon Mills
Seminole Cotton Mills Co
Sibley Mfg. Co. (Ga.)
spartan wins inn
Sterling Spinning Co.
..114
.. 94
.114
. 80
Port Movement Of Cotton.
v Orleans: Mldd UK. If.uu: re-
1021 celpts, 2.060; exports, 3,893; sales, 1,480;
70 stock. J93.077.
226 Galveston: Middling, 17.86; receipts,
110 1 2,900; exports, 8,75,0; sales, i.iiv; sioca,
116 389,081.
unhiio- vrlitdllnir. 16.25: receipts. 292:
110 exports, 1.239; sales. 114; stock, 161,906.
150 1 savannan: aiiaaiiiig, ii.ao, livwi
1,520: sales, 662; sioca, loi.oia.
Charleston: Keceipts, mi; biock,
119 :
Wilmington: tteceipis, stoca,
39 808.
Texas City: iteceipts, l.aou; biock,
12,270.
Norfolk: Middling. 17.25; receipts,
2,508: sales. 297; stock, 134,544.
Paltimore: Keceipts, 2,0(4; biock
2,574. ,
Kosrnn hiock. d.hur.
Philadelphia: Keceipts, 186: stock,
12.409.
New-York: Middling, 18.30; stock.
87,066.
Minor ports: Keceipts, 766: exports,
1.250; stock.' 2,160.
Total today: Receipts, 13,838; ex-
norts. 8.632: stocW. 1.365.354.
Total ior weeg: neceipis, uv,&m;
exports. 111,061.
Total for season: Keceipts, s.aio.oBi;
exports, 8,884,6 1 s.
Glenrock Oil 1 t,
Int. Petroleum (new) 17
Magma Copper 26 ,
Maracalbo Oil 24
Merrltt Oil 9
Midwest Retlnine 170 '
Northwestern Oil ........ 26
Salt Creek (new) 13
mms Petroleum 11V4
Skelley Oil 6
Swift International 21
8. 8teamshlD .... 13
United Retail Candy 5
wrignt-Martin Aeroplane. 2
Chlcaa-o Curb,
Armour Leather com.
Armour Leather pfd .....
Armour Packinsr ofd
Cudahy Packing ..........
Libby ana Co
National Leather
Swift and Co.
Union Carbide
I 127 126 127
21
227
38
160
3
31
21
7
6
7
13
1 1
89
63
66
85
1 1 3
65
32
29
91
61
6
10
3914
61
66
10
39
63
66
84
Superior Yarn Mills 86
Toxaway Milla (par S25) 28
Lnlon-Hiinalo miiis
I'nlon-Hiiffnlo Mills 1st pfd.. 10-1'nlon-P.ufTalo
Mills 2d pfd.'. 87
Vlctor-Monaghan Co 76
victor-MonaKiian co. niu....
Victory Yarn Mills Co ,. 78
Ware Shoals Aug. Co a
watts Mills ..
Watts Mills 1st pfd
Watts Mills 2d pfd
W'lnget Yarn Mills Co
wiscassett Mills co nau
Wllliamston Mills 200
Woodsldo Cotton Mills ...... ..
SVoodHlde Cotton Mills pfd.. 72
Wood ruff Cotton Mills 150
nlW VOHK IWM1 LIST.
I Si LfuM win 10 uuu imi
IT, S. 2's, registered
IT. S. 2's, coupon ............
IT. 8.' 4's, registered
U, H. 4's, coupon
Panama. 3 s, registered
'aiiama 3 s. ooupon
American H. and K. 6's
American T. and T. ov. 6's...
Atchison general 41 ..j
Atlantic Coast Line 1st 4's ...
Italtlmora and Ohio ov. 4 s .
Bethlehem Slcol ref. 6 s
115
285
95
92
130
120
97
115
122
85
83
70
103
85
110
91
93
76
87
66
72
76
100
(5
116
95
96
30
23
- 78
39
- 79
81
145
110
79
95
76
Interior Movement Of Cotton.
Houston: Middling. 17.65: receipts.
7,834; shipments, 6,237; sales, 1,902;
stock, 910,719.
Memnhis: MIddlinir. 18.00: receiDts.
2.839: shrnments. 2.699: sales. 1.000
stock. 267.619.
Augusta: Middling-. 17.12: recaints.
1.832; shipments, 1.274; sales, 211; stock,
144, an.
St. Loulst Middling. 18.00: receipts.
9.681: shipments. 4.054: stock. 25.321.
Little Rock: Middling. 17.75; receipts,
z.um; smpmenis, 24; sales, 83s; stoca
0.488. ' -
Dallas: Middling. 17.06; sales, 1,448
Montgomery: Mlddllntr. 16.76: salea
Total today: Receipts. 17.606: shin
ments, 14,388; stork, 808,461.
113 113
64 64
100
74
175
101
101
104
104 2
80
. 80
88
108
85
, 84
, 75
90
Cen. of Goorgla Consolidated 6's.. 90
.400 shares.
20
90
61
8
82
29
91
61
6
ADDITIONAL KTOI'K I.IMT.
Iky Until Win 10 Pally Km.)
New York, Dec. 16 hollowing are
drying prices on additional stocks:
a7:lli.lll Rmur
SlO:10al(liMadlm
10:20a It B.lrlri
sU'Jnpl 4 KlnitoS'Salan N. WlliHtiora
tl :4Spj!SS:Finwur
6 60p iumtoe sal.n-N. mikntm
T:l)pl ITIBslrlih-miilaMn
9:80n S'winslqti-Balfm
U:l"a
10:li)n
I 181 7:31),
lMtlH Jla
181 llAOp
irat:tiip
3 "Op
8-ODa
:2na
T:4Vo
(1) Dalit KiwdI 8undar.
(al Dallr txurttg Crenubera tad Ktnitoo-silna ami
til, nnpt sViaday tatam Wlulooalw ud Norm
iikiebon.
Ttmutt Nlmas alwlnt tr rrfln U) KuhlDxton.
r Vofk. llroimd, Norfolk. Allaota. llmUiiiiani,
tlotillc, Nw Orlrani, Cuirlnnatl, Has Fruclan.
HrMulH publitoad u Inrornatlos as4 are net guars.
t. 8fCKK. C. T. A. 6fiar, . 6.
(it) Ilttat ItHia: 112 faat kartfl Stmt.
IatlM 172
Mils-Chalmers
American Cotton Oil
American Tobacco ,
American Zinc mid Lead
American Zinc and Lead pfd ...
Heth. Steel 7 per cent pfd
Iieth. Sleel 8 per cent pfd ....
Hulls Copper
Chicago cirent Western pfd ...
C , M. nnd St. Paul pfd. . . , vll,
Chicago and Northwestern ...
C, H. I. ami P. 6's
0., U. I. and P, 7's
Chile Copper .-..,.
I'hllm Copper
Consolidated Textile Corp
Conden and Co. ,
Cubs Cane HtiKar pfd
Davison Chemical pfd
Dome Mines
famous Players-Laaky
Freeport-Texas
tleneral Motors 6 Per cent deb.
(loodrlch Rubber Tire
Houston Oil
Lackawanna Steel
M.. K. and T
M., Iv. and T, pfd
Otis Steel ,
Pero Mnrquelte
Pierce-Arrow , . , ,
Pierce oil
Saxon Motors
Submarine Boat
I'nlted Hy. Investment
I'nlted lty. Investment pfd...
Vlrglnln-Clirollni, i.'heni. pft .
Vlmdoii, Incorporated
While Motors .,
Whits Oil ")
88
. 21
.1:13
. 14
. 89
. 91
.10!.
. 4
. 1
. I.
. 71
. 15
. 29
,. 18
. 85
,. 14
.. 6.1
,. 18
.. 8(1
, . Id1.
.. 72
. . Si
.. 80
.. 47
1
Central Leather 6's
Chesapeake and Ohio cv. 5's ...
C, M. and Hu Paul cv, 4 s ...
C, It. I. and Pao. Ity. ret. 4's...
Col. and Southern ref. 4's
Horn, of Canada i (laai)
Col. and Southern ret. 4's .....
Den. and Klo Grande oonsol. 4's.
Dom. of Canada 6's (1931)......
Hrle general 48
iltnots central rer. 4 s
Int. Merchant Marine 6's
K. C. Southern ref. 6's
Liggett and Myers 6's
Louisvlllo and Nashville tin. 4's
Missouri, Kan. and Tex. 1st 4
Missouri Pacific gen. 4's
N. Y. Central deb. 6'
Norfolk and Western cv. I's ....
Northern 1'aulnc 4s
Pennsylvania general 6 s
Heading general 4's -vr . .
Kenubllo I. and S. 6's (1940)....
St. L. and San Fran. adl. 6's
Seaboard Air Line adj. 5's
Southern Bell Tel. 6's .,
Southern Pacific cv. 6's
Southern Railway gen. 4'i
Texas and I'aclllc 1st i's ........
union Pacific 4 s
L'nlted Kingdom of O. B. and I.
6's (1937)
IT 8. Steel 8's
Virginia-Carolina Chem. 6's
Wabash 1st 5'a
W ilson and Co. cv. 6 a
93
. 85
. 61
. 76
. SD
. 95
. 73
. 95
. 43
. 83 M
. 901,
. 84
. 92
, 88
. 74
. 60
. 99
.105
. 84
. 94
. sz
. 91
. 72
. 15
. 93
. 89'"
. 61
. s
87
95
99
94
as
86
::
.. 20
4
7
69
Foreign Exekang.
New Y'ork, Dee. 16. Foreign ex
change Irregular. Great Britain, de
mand 4 16, cables 4.17; 60-day bills
nn hunt,. . 1 IU V.KanAK 4-AnJ f ll
14 canies 7.84. Italy demand 4.5
a. caoies i.na. Mesaium. aemana
caoies t.bi. Germany, demana
cables 61. Holland, demand
cables 36.36. Norway, demand 15.20.
Sweden, demand 24.60. Denmark, de
mand 19.35. Swltxcrland. demand 19.42.
7tSpaln, demand 14.70. Greece, demand
89 I 23 Argentlnn. demand 33.37 Bras!!.
11 demand u.ij. aiontreai, t t-M.
PRICE OF COTTON HKIHKR
U. KBW OWt.'IANS MARKET
New Orleans, Dec 18. Small ginning
returns from private sources and an
other hole In the visible supply put
the price of cotton higher today. Af
ter declines of 7 to 8 points during the
first call the market braced up and
rose to net advances which, with sev
eral small recessions, were maintain
ed during the rest of the session. In
tne late trading prices were 18 to 29
points Higher than the close of yes
terday, while the close showed net
gains on the day of 11 to 24 points.
January traded as low as 18.64, rose
to 17.00 rents and closed at 16.96,
The' early buying was due to a rjrl
vate bureau report of 7,800,000 bales
ginned to the 13th of December, Indl
eating production for this last gin
nlng period of but 160,000 bales. Ke
ports of a somewhat better spot do
niand helped values after the effect
of this report wore off In the earlv
afternoon reactions of about 10 points
were caused ny tne unfavorable Im
pression left by mill takings for the
week of 860.000 bales against 366,000
Isst week but a little later the mar
ket strengthened again because of th
decrease In the visible supply of
American cotton of 22,349 bales against
n increase this weeg last year or
12,306 and because, for the first time
in months, the visible was under the
figures of a year ago, 4,246,669 bales
against 4.372,585.
In the last half hour of the session
highest levels were reached on a re
port credited to the American Cotton
association, statins; that ginning this
last period was 178,000 bales and
claimed that only a small percentage
of the crop was left to be ginned, that
there would bo a sensational drop in
ginning In the near future and con
tending that the orop had been badly
overestimated. An estimate of the
average weight of bales this season
of only 482 pounds wss also made.
Open. High. Low. Close.
December ... 16.63 16.94 16 67
January .... 16.67 17.00 16 64
March is.su if. is is. is
May 16.70 14.98 18.65
July 14.87 16.66 16.81
1.13
1.03
63
66
38
38
8.65
.8.97
1.12
102
62
64
. 7i'
38
S.47
8.90
1.12
1.02
', 63
64
88
38
14.70
a. 55
8.97
6
63
14
17
26
25
10
180
30
14
11
6
21
15
6
6
RUCKER & COMPANY
Cotton Merchants ; :
GREENSBORO. NORTH CAROLINA ,
1 MEMBERS
New York Cotton Exchange
New Orleans Cotton Exchange . . ,
Geo; Q. Scott. C. P. A.
Member1 American Institute of
Accountants
Walter Charnley, C. P. A. ,
Member American Institute of
Accountants
Scott, Charnley and Company
Cltlsens Bank
Bonding
Raleigh, N. C.
Certified Publle Accountants
14M Norta Elsa afreet Greensboro,
American Trust
Co Bank Bldg.,
Ckarlotte, N. C.
Loan nnd rlvchanffe
Bank Building
Columbia, i. c,
Liverpool Cotion.
Liverpool, Dec. 16. Cotton, spot
quiet; prices easier; good middling
11.31; fully middling 10.91; middling
10.56; low middling 9.36; good ordinary
7.81; ordinary 7.06; eales 10,000 bales,
including 7,800 American. Receipts
15,000 bales, including 14,600 American.
Futures closed very steady. December
10.64; January 10.67; March 10.63; May
10.55; July 10.43; September 10.16; Octo
ber 10.00;
Cottonseed Oil.
New York. Dec. 16. Cottonseed oil
was firm and higher on short covering
ahead of the census- report, coupled
with light offerings of both crude and
refined. Closing bids were 9 to 17
points net higher. Sales, 12,700 bar
rels. Prime crude 6.90, bid; prime sum
mer velinw snot, nominal: January,
38; January, 8.76; May. 8.97.
12
83
92
60
ll
97
44
12
84- i
98
52
5
t
98
44
CHAHLOTTH! ;OTTOt MARKET
(spMlal to Pally .News.)
Charlotte, Dec. 16. Charlotte cotton
market: Receipts today lid bales;
prlcu 17.50 cents.
;hekiioro COTTON.''
Cotton In Greensboro yesterday was
quoted by Rucker warehouse at 17.
Hester's Weekly Cotton Ntatrment.
Comparisons are to actual dates, not
to cloea of corresponding weeks. In
thousands bales.
In sight for week. .338: same seven
days last year, 384; for the month, 805;
same date last year, 931; for season,
6,228: same date lust year. 6.562.
Port receiDts for season. 8.271: same
uate.iasc year, s.i4s.
overland to mills and Canada for
season. 740; same date last year, 431.
Southern mill takings , for season,
936: same date last vear. 1.359.
Interior stocks In excess of Ausrust
1, 281; last year, 624.
f oreign exports for week, ill: same
seven days last year, 150; for season,
..SUB same date last year. 2.137.
isorthern sulnners' takinas and Can
ada ior weok. 47; same seven days last
year, oa; ior season, l.ltss; to same
auto last year, 699.
niaiemeni ot spinners' takings of
American cotton throughout the world:
This week, 360; same seven days last
year, 271: total since Auauat 1. G-QSfl:
same date last year, 3,943.
statement oi world s visible supply:
Total visible this week. 6.860: last
ween. u,jo; same aate year before
6,022.
Of this ' the1 total Amaelcnn hl
week, 4,247; last week, 4,269; last year,
4.373. -. -
All other kinds this week. 1 l- it
ween, i,tsi; iasL year, l,S4a.
Visible In the L'nlted States this
wobk. s.024 tnis date last year. 2.717
Visible In other countries this week
can; tnis gate last year, 8.305.
BALTIMORE! GRAIN AMI HAY '
(B) Uaatd win lo pallr Nf.i.)
Baltimore. Deo. 16. Wheat jk
red winter spot, no quotations; No.
red winter spot 1.18; No. 2 red win
ter garlicky spot 1.14; December
1.14; January, no quotations.
iorn con corn old ve low minted at
2.70 per barrel; contract corn spot
oi'; iraca corn yellow ro. . old do
mestic us. ,
Oats White No. 2 46 ner bushel
amen: no. a 4Z'd43 asked.
Hay Keceipts 72 tons; range from
io.vua'i.uo per ton. witn a xair de'
mand for fair to good quality of tlm
oiny ana misca nay.
BALTIMORE PRODUCE!
I Bf teased Win to Dally Nana.)
Baltimore, Dec. 16. Kggs Loss off
native and neaby firsts doxen 66
soutnern 53.
Butter Creamery fancy pound 47
48; prints 48460; nearby creamery 43
nn; ladies auwsz: rolls z ln.au: store.
packed 2S'fi 27 ; dairy prlivta 28 30
process muter antfas.
savannah Naval Stores. v
Savannah, Dec. 16. Turpentine firm,
49; sales 199; receipts 193; shipments
5; stock 12,642. itosin nrm; saica
864; receipts 298; shipments 1.008;
took 78,667. Quote: , u, .,
o I i m. V i an. M E 20: N. 5.35:
WO.''6.7'0;'ww'. 6.90. .......
Spot steady; middling 17.00.
16.94
16.95
17.06
16.87
16.61
C'hicaa-o Cattle.
Chicago. Dec. 16. Cattle: ' Beef
Bteers. fat she stock, stockcrs and feed
ers mostly 25 cent lower: quality very
plain; bulk beer steers 6.26(o i.2S; hull
weak; calves sharply lower: bulk veal
ers to packers 8.60(919.00. Hogs: 16 to
26 lower than yesterday s aversge
lights off most; closing fairly active
shippers bought about 20.000; holdover
moderately liberal; top 7.80 for ligh
ll.ki.i Ki.lL. A dAV AA. llvK.a IN I. II
lower, bulk desirable, 7 20(9 7.35. Sheep
Fat lambs steady to 25 tower; sheep
and feeders steady; fat lamb top, 10.26;
bulk desirable 10.00trl0.25; culls 7.50
68.00: good clipped lambs, 9.25; good
light yearlings, 8.50; cholce.liRht ewes
6.00; beavles 1. 00 3.50; few' comeback
feeder lambs, 9.25a 10.50.
i 60,
I 26.40.
New York Money.
New Tork. Deo. 16. Call money Arm I
high, 6 per cent.; low, 6: ruling rate,
5; closing bid. 6; offered at, t; last
loan, 6 per cent. Call loans against
acceptances. 4 per cent. Tlrno loans
nrm; so nays, ii'irei par cem., ov ,yn,
StjtH'per cent.; alx months, 5(1)5
per cent. Prime mercantile paper,
t per cent.
New York Dry Ooodn,
New York. Deo, 16. Branded bleach
ed cottons and some of ths unbranded
. .,- ...r .. v,ftnr demand today on
basts of 11 cents for 4-4, 64x60's More
business also waa dons In denim
tickings and soma of the heavier col
oi eu cottons for working suit menu
faoture. wash roods were sold
moderate Quantities. Yarns were
steady with some , larger Inquiries
and sates reported. Wool markets
were firm. Bilks were In moderate de
mand. Burlaps were steady,
Liberty Bends.
" New Tork. Dec. 16. Liberty
8's
ond 4 s 96.70; II ret 4 s 87.26; secon
4.'n- 96.92: third 4'B 97.88: fourt
4's 97.22; victory 3Vs 100.01; vic
tory 4 it S 100.9.
bonds
Pay Your City Taxes
Now .
1921 city taxes are now due,
and payable at this office. Pay
before the end of December
and avoid the penalty which
will be added January 1st.
W. L. MURRAY,
City Clerk and Tax Collector.
Bea Island Cotton.
Kavannah. Dec. 16 Sea Islands:'
Market quiet; fancy 43; extra choice
42; choice 3840; extra fine 3236.
Sales 1; receipts 52; shipments none;
stock 778. Crop in Blgnt, A.s-
Nuaar and Coffee.
Kmir Vn.k Den. 16 Raw Sugar
t.ariieF nr s 6A to 3.86 for centrifugal;
refined 10 points lower at 6.10 for fine
granulated. Spot coffee quiet; Rio 7 s,
to 9 ; Santos i p. .sy."i'i7a.
RITES FOR PR.1NCB8S.
Ceremonies of Old Regime Observed
In Princess Chun's Bnrlal
(ffriihL 1921. In rblladelnhla Publle Lediar.)
Pekin. Oct, 31. To the doleful music
of myriad wind Instruments and In the
darkness that comes before dawn, the
body of the lato Princess unun, real
mother of the deposed boy Emperor of
China, was borne from her palace In
the Imperial city of Pekln by 80 purple
clad coolies on the beginning ot the
innir march to the imperial oomoa,
Manners of the Mancnu noussnoio,
unting camels, falcons, royal lions or
flowers, Manchu cavalrymen wuu m
weapons of ancient days, the empty
chair of the late Princess were all In
the cortege that filed out of the palace
at i o'clock Sunday morning. -
The 16-vear-old boy Emperor, wno
as made few nubllo appearances since
the establishment of the republlo 10
years ago, had gone to the summer
jialace the night before, where he
waitea ior me lunoai ., -
nass.
Al the catafalque OI nis mowier w
lifted after the bearers - had been
changed, a rug of lambskin was
stretched, on which he Knell ana dow-
ed three times In the direction of the
coffin, one of the court attendants
keening a guiding hand on his shoulder
White and pale, the boy r.mperor
seemed scarcely 10 yean old and arp
nearer! to be a product of a hothouse
rather than of the open air. He was
visibly frightened, but conducted him
self throughout with the utmost dig
CHICHESTER S PILLS
VU TtlRIAON BRAND. A
I.aial aas jtr vrs. . ...
'lilk-t- s !- BmY
Pill, is Bad and til mtMUcf
boio, aaalxl Bliul Rlbbos. V
Take iaer. Bnr iffnr v
diaTJonb ii u a no fills, (o, s
nan known aa But. Safari. Alwayi Rallatila
crtinnv nwifif.nK FVFUVWMFRF
THS! UNITED STATES OF AMERICA
In tke District Court of the United
States For the Western District ol
North Carolina.
In the Matter Of Geo. W. Black, Worth
H. Black and Jno. A. Black, trading
As Black Store Co. Bankrupt In
Bankruptcy. i, t
Notice to Creditors to Consider Com
position Offered by Bankrupt:
Notice la hereby glvetk that on the
6th day ot Dec, 1921, the said Geo. W
Black, Worth If. Black and Jno, A.
Black, trading as Black Store Co., ot
Burlington, Alamance County and Dis
trict aforesaid, filed a petition In bank
ruptcy and offering a composition, and
that a meeting of the creditors of the
above bankrupts will be held at the
office of the undersigned In the City of
Greensboro, before Clifford Frazier,
Beferee In Bankruptcy, on the Jotn '
day of Deo., l!:i, at 3:30 p. m for the,
purpose of considering the proposed
composition made by. the bankrupts.
to their creditors, In satisfaction of the
unsecured debts (not entitled to prior
ity) owed by them to each of said
creditors, which, proposed composition
I to pay 20 per cent. , , j
This the 9th day of December, 1131.
CLIFFORD FRAZIER, Referee In
bankruptcy. . 11.11.
ADMINISTRATOR NOTICE.
Havlnr qualified aa administrator of
the estate ot Rev. W. H. Long, de
ceased, late of Greensboro,- Guilford
ennntv North Carolina, this is to not!
fy all persona having claims against
the estate of sain aeceama inemui
'.hem to the undersigned on or before
the !8th day of October. 1923; or thie
notice will be pleaded In bar of their
recovery. All persons lndobted to said
state will please make immeoiaie pay
ment. This, November 8, 19 ii.
W. H. HESTER, Administrator.
Frankllnton. N. C 13-17 St
JmoieC?ic?t.nokc,
THREE SIZES: tOt, 1 far 2Se., a 13c.
'. ttmm ,
W. F. CLEGG CIGAR CO, Maiurfarlmri.
- naeellenee thnt represents .L
SO va-ja experience In
ennn fi-...
w
Gilbert c. white co.
An Orjrnli!tlon of Civil, Mechanical,
KlectrlcnJ and Chemical EnffLiievrn -
. DURHAM N. C.
WATS' I vVOHKK. I'OWIR PLANTS,
STRKDTS. ItOAUS.
B. B. TATUM
Motor Trucks Teams
Transfers and Livery
We are equipped for all
classes of hauling, heavy and
light. Moving a specialty.
Packing and storage. A big
truck for long distance moving,
picnic parties or any class of
motor transfer.
'Phone 28, Depot St.
XOTICE.
THB iNITF.D STATES OK AMEllICA.
JN THB UISTRICT COIKT ' 'l'
UNITEU STATES FOR THE WEST
ER! DISTRICT OF NORTH CARO
LINA. In the matter of W. C. Thurston, Bank;
rupt. In Bankruptcy So. Ut.
To the creditors of W. C. Thurston.
Mfgr.i of Burlington, Alamance coun
ty, and district aforesaid:
Notice Is hereby tjlven that on the
12th day of December, A. D. 1921, the
said W. a Thurston was auiy aujuogea
bankrupt, and that the first meeting
of hll creditors will be held at the
office of the Referee In Greensboro,
on the 2th day of December, 1021. at
10:J0 o'clock A. M., at which time the
said oredltors may attend, prove their
claims, appoint a trustee, consider sale
of property, examine ,the bankrupt and
transact such other business as may
properly come before said meeting.
This the 12th day of December, 11)31.
CLIFFORD FRAZIF.R
13-24 Referee tn Bankruptcy.
Dr. H. L." Brockmann
Practice Of Medicine
Oflce 301 MeAdoo Building
Phone 236
Hnktfm- Pkene 11T8
W. W. DICK ,
Henting Contrnctnr
Estimates furnished on steam. vapO
and hot wator heating, anywhere In
Sorth Carolina
. Pe Relleaaeade, Next te Dixie
Apartment.
V. Edwards, C E.
Consulting Engineer
WINTON-AI.EM, N. C.
Streets ana lltakwara Sewer
and Water Mrateaas
General Engineering