Newspapers / Greensboro Daily News (Greensboro, … / Oct. 15, 1922, edition 1 / Page 19
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0 GREENSBORO DAILY NEWS, SUNDAY, OCTOBER 15, 1922. BUYING POWER IS GOOD ON 1HE STOCK MARKET Number of Issues Is Carried to , New High Records For Present Year. NEW YORK STOCKS RAIL SHARES IN DEMAND New York, Oct. 14. Good buying power developed In today's brief ana naive stock market with the result that ft number of Issues Including United States Steel common, were carried to Dew high records tor the year. The stock favored by traders were renerally those of companies houa tnit hue surpluses aTallable for dis tribution or lIKrlv to Increase or re ume dividend payments United fitstes Steel common touched 109, the closing; prloe. Ac tivity of this stock was associated with a renewal of rumors concern ing possible declaration of a stork dividend. Other staela advanced In sympathy, Bethlehem ' It. climbing A hi points: I,ackawanna Hi; Vana dium ) and Crucible 114. American Locomtlve and General Klectrlc each established new peak prices during the session, tne net gain 1n the latter amounting to nearly 4 points. Other shares sold at record prices were American Can and United Atatns Aloohol, each Influenced by favorable .trade oondltlone. t. Meiloan Petroleum fluctuated within a range of nearly S points, cloning at a net loss of 2, after having established a new top price at Sof. The Pan -American Issues also tiroke through to new hlfhs and than yielded below last night s figures on heavy selling pressure. Standard Oil of New Jersey got aboVe HO. but suocuraba with the rest of the oil shares, oloslng at net loss of 14. Tha break tn Allls-Chalmers was riredlcted on publication of an earn ng statement, which showed a con siderable decrease In aales and net Profits (or tha quartsr ending June kxeoutlve of an order for a large blook of Freeport Texas stock, "at tha market" resulted In Jump of 4 points, tha buying being baaed en dividend possibilities. Texaa Gulf Burphur also was pushed up mora than I points, atreagth of theaa Is sues reflecting the belief that tha new export organisation of sulphur oompanlee will have a beneficial ef fect on earnings. Hail aharea especially- tha pre ferred laaues appeared to be In good demand. Central of New Jersey teuohod a new top on a small turn aver, and good Improvement was noted In Mtaourl Pari no preferred, Southern railway preferred, Dela ware and Uudaoa and Baltimore aud Ohio. ' Total sales were 101,009 shares. Foreign exchange ratae were Ir regular.- Sterling continued strong n light offerings of grain hills. Changes 'In most of the other Euro pean ratea were unimportant, ex cept la the case ef Norwegian crowns, whloh forfeited approximately half of the 44 points advanoe yestsrday. Gat-man marks were down to i eanta a hundred. Tha weekly clearing house state, ment showed a decreaaa of I47,287j 400 In loans, dlsoounts and Invest manta of member banka and an In crease of 111,1(1,000 In tha raaerva In tha federal reserve banka. Net demand deposits Increased 112,461, 000 and there waa a decrease of f 10, 81S.000 In ttme depoelta. For the Drat time In several weeks, there was deficit la raaerva amounting .to fl.tit.itt. Weekly Plaaairlal Review. Mew York, Oct. 14. Elimination of tha Turkish crisis, announcement of the government's new 4 VI per cent loan, decline of the German mark to a new low record and declaration of stock dividends hy. three important Industrial companies were the oul atandlnx. developments of tha week in tne nnsnciai maricata. Declaration of atock dividends re suited In a heavy speculation tn stocks, particularly In shares of com panies holdlnr lares eurolus and available for distribution. In each nf the three distributions, however. the beat prices for the sharea were registered just netnre toe actual an nouncement was made. Publication of the news InvarUblv resulted tn a sharp decline in the atock. In the case of Standard Oil of New Jersey, which declared a 400 per oent atock dividend thia reflected specnlatlve disappointment on the directors' an nouncement mat no immediaio i.i Ireaae was contemplated In tha ag resale dividend. ! Bond prlcee lost ground as tha .result of selling of hlirh grade tail irnail and Industrial mn.-tsanca is wel1 as the old liberties to provide ' funds for tha purchase of more at 1 tractive long term tax exempt te- eues. Active resumption of fmalgn financing waa one of tho featurea of - the week's bond market. Commodity prions, as a rule, are till upward, wheat being influenced by reports of aortas: tn lorvtgn rope and cotton by the resumnti.in 1 f b-tying. suspended bv the near east crista. Coppca are softening slightly, due to a lessened domestic I demand and the naual sessnnal re- dnotlone are, now being made In tha i price of gasoline. Interest In the foreign situation :was eentered on three Important evante. slrnlna- nf the armlatlo in tha near east, beginning of service on the British wsr debt lo this coun try and tha further collapse In tha Hutton & Schreffler anebassrel IsshHsn, -Taibiabii savta te atenwra: Paste est ssi'teteu et Mafenae enmts sea ettal tweaans; WmeenM sea laAasrlal auOdlosa &AI.EIGH, X. C. If You Want To Borrow Money 1 On Your Cotton jwe oan gat n for you at reasonable trat.s Ma, warelinuses are bonded lard our negotiable warehouse re (celpts are known everywhere. 6f Irstes for storage and Insurance art I cheat. . "'rite j for Information. Grtcneboro Warahouse & Storage Co. J, !, Latham, VlcPresldeat. Wilfred CCarr Oatoaaetrlat Byes lCxamtned-4JIiMiea Fitted I1.1H West Market ktreel fOrer Harwartk's Jewelry Htore) I'koae Hnar.i It lo t2iHO tn StSO New Tark. Oat. 14 Fallawlag la Hat at tslays traaaaetleas la stork toek Baeanagei alee la lWa. Ulgk. 1 Aaaase Bis, aivt 1 Air RewaeA 04 SO AJax Habber 18 3 Alask Jnn IV. 3 Al. Ones, aad II, , . aa 1 Al. Cheat, and U. pr 114 41 Allla ( helm. M 1 Allla tn. pr. ,.10IH 1 Am. Una, Net. M. . MOM 1 Am. alt. Ing. 46 " 1 Ass. ttoeok Mg. . , .. 41. 151 Am. Ian T 1 Am. Ceo. pr .......... .110 4 Am. Car sad F. IHH I Ana. 4'alrle i Asa. tt. on ara4 1 Am. Cat. O. pr .1 Am. Kxpreaa .............. .103 Aaa. lew lis Id Aaa.lat. Carp. XTTfc a An.-1 Praa i .!. Ml Asa. (.laaeea - 43 97 Am. Ma. pr 0.1 H 4S Ass. ' Laeaai inn J Aaa. Metal H 5 Aaa. Radial I If 4T Am. Par. Has 'Ta 7 Am. Skip Cat. 32 1 Am. Smelt. , , . SI 1 Am. Smell, pr 1UO 14 Am. atl. V4f. 44t 15 Am. Sugar II Am. Tel. aad Tal 1!M , Am. Tab. H. . . , ISOli t Am. Wt. Wke. T 1 Am. Wl. Wke. pr Bl Vs 4 Am. Wool, ................ ,ICUy4 t Am. Wool, pr ,,.,,,,110 1 Am. Znc aad Ld. ,,,,,, lit! 2H Aaaeaada SIT 4 Aaao. Dry C4. .............. IM 4 Aeaae. Oil Ultt Atehlaaa Atehlaoa pr 93 ', Art. Rlr. and Atl ay. Atl.'caaat La. , ,,1 Atl. Usu aad W. I 1H AL O. aad W. I. pr ......... PI Aaat. Nloh KV, PT.Bald. Law. ............... .140H M Ball, aad Ohio Me 11 HradL Car. A KHy, Bradl. Car. B M W Bath ill. n TIH 1 Beth. St. pr 113 1 Bkla. KlUa. . . ,1IH 11 Bklya. He. Tr. , , 1TH IP Bk. Rp. T. ett IS 1 Bkla. Vm. Oaa, ,.11H Brown Skee ............... 00 Baraa Bras. B 47 Baak. Term. Bldg. pr H Bat. Dap. aad Ze T Bat. aad Sap. Cop. Mt4 Cal. Paekar. 83 111 Cal. -Petrol ... . ........... . 6.1 in Cal. La1, aad Klnin T Caa. Fae. ,,. , 148 llaaa Flew 4Vt IT Cen. Lthr. ' 41V 4 Can. Ltkr. pr 7H 4 ' Caa. ( N. J .US 1 (Vrre He Faa 1H 0.1 Chaad. Mat, ,1 Ckea. aaa Oh, 74 Hi a CkL aad Alt 34 Cb. aad Air. pr B CkL, n. Ill tt Ca. B. III. pr l Ck. OL W. pr , 144 C M. aad Sf. F. , S3H C M. aad St. P, pr SIM IS Ck. aad N. W tse It C H. I. aad P. 44H SS Cklla Cop., mm Calae Cap IB 1 C, C. C. aad it. L. pr , . SH 1 Claet Peak a 101 Caen Cola nii e Col. Gas. aad B. 1MV Col. aad Boa , 4S Cel. Urapk. Col. Groak. pr .............. 11H Coma. Tab , TSH 13 Conaol. Clg 4t 1 Coaa, ClaT. pr S3 , 4 Cana. Gas ISO 5 Coaa. Textl. , , 10V 8 Cant. Caa SR V. 40 Corn Prod. .' .m ft Coadon , . . . 40 Coadea pr I , ...100 Craa. StL S4 Caba Cam Ma 1IV. Bl Caha Caae u. pr 4AH 4 Cabaa Am. Sa Ms '1 Cabaa Am. Sa. pr IH S.'Oarldaaa Ch 4Ka 1 He Beers Co. 14 1 Iel. aad Had. IM 13 D. L. aad West. 1414 1 Detroit Rdlasa lisa S Deaao Mlaea SO . S D. P. S. aad At. pr 4 4 Da Falat Do Nam ,.1W 1 Da Foot do Nam Deb in 3 Feet Kodak 10 Kl. Star. Bat. S4t 5 RadlWoha. MlVt S Frio 10 3 Brio 1st1 pr ., Btl I Rrie 3 pr IRa 11 Fans. Flay OK 1 Fam. Fla. pr SNM Flabor Body ,,. la Flak Rabher i ISm TM Freep't.-Tx. , 97H 3 Oea. Am. Task no 0 Oea. Asphalt .14 IW Oea. F.leetric ,,.1IWVt M (lea. Motara ................ IBM, 4 Oaa. Mat. pr ............. . KKV, 3 U. Mot. db SUV, 1 O. Mat. f db ant 10 Oood'h. BF BftM 1 Hood. BF. pr S4 1 Oraaby Mia. XIVfc 33 Ot. North, pr 04 10 C,l. No. Or. aab SO 1 Oreoae C. Cop. SA 0 tiaaataa So 13t t ., Mo. aad N. pr 4.1 30 Half Slat. Stl P.1 T Header Mg 34 llonatea oil ST S Hartaan Mot 31 H 0 Horn Mot 31 a Hydraal. SI t S llllaola Cea ...ill4 0 Inborn. Ret 4 31 lat'bor-t'on 0 Int.-Cin.pr 1 0 Int. Cement 33 10 Int. Combustion T 1 Int. Ot, North 3A 1 Int. Har. Co .....110 4S lat. Mrr. Mr. pr OR H Int. Mchel 1 S4 Int. Paper S2 St lavlar. Oil 1T 77 Iron Prod S.1 3 Island Oil 3 Jewell Tea 30 i 8 Jones Tea SO A Kaa. C. Sou 211 I I Ki. C. Son pr 07 1 ss i SI imaleto tha Na Law. Sl 04 'l 1 SO ' 114 ns 101 SO 4ft 41 TS 110 104 30 04 IBS) 114 .17 13 HUV. BS isn 4 I1M T 01 100 44 , Kl 138 in ST Bl 101 110 is 51 01 131 , 100 03 3 V. 110 00 31 sn i Bfl ST 3B 7(1 113 1IS 10 14 110 00 47 ON SS S3 03 14R , 4 41 TT 314 SP 04 T4 B SO 01 14 33 00 03 44 SS 3S o 03 00 108 40 - ! 11 T8 41 MS ! , 10 0)1 14 47 S 87 14 80 33 08 44 34 1SR 141 I1S SK 100 as nn IMV, 88 18 S8 18 00 88 ISO 1!l 34 07 03 183 14 88 88 onvi , M 84 SIM 04 Vi. 88 V. 80 13 4S 01 - M 80 31 T 114 4 1 83' 7 311 110 83 18 01 18 AO 90 40 3.1 S7 eleetag w York Last Sale. 81 04 10 1 80 114 B4 101 80 v . 48 T8 110 104 0 1T 04 ISO . 1 18 37 13 43 1 08 1SB 48 118 T " 33 01 100 . 44 81 Vi 133 JB 3T Bl 103 110 18 Bl , 03 131 107 03 V, y 133 31 " i 80 .140 . 00 T 30 T7 ' 113 118 18 14 . 110 00 47 8 TVi 88 8 03 8 148 4 ; 41 78 318 80 04 74 ' B 80 01 14 S 00 44 38 08 OS 1 108 40 . 11 - 78 41 83 188 10 08 '138 48 88 14 40 38 08 44 34 188 141 118 88 0 108 88 88 54 85 I 35 .18 08 58 180 13 3T no 88 180 15 88 88 08 85 84 81 04 80 80 13 48 02 3,1 88 31 83 T 114 4 1 83 37 35 1tfl 03 10 83 in S3 30 80 38 57 Sales la IOCS. 0 Kb as. Oalf Co. Rayaor, J., now .... Kek-Ssiiaar Keaaeoot Op. Keyetoae Ttro ..... Kreage. fl. B, , ...... Lack. Stool Laeledo Gaa Lee Rab. aad T, ,., Lehigh Val Lima Looa. .,,,,.. Laowa Ia. ,...... Laft Candy Leu. dt Naah. Mark Traek Mark Tr. 1 pr. ..... Malllaaoa Maaatl SaaT. Maakat. Eire. ...... Maa. Ciaar, ctfe. ... M'hat. Shirt Mar. S. R- pr. pr. ,. Marlaad OH , , Mart. Parry ....... Max. Matar A ..... Max. Motor B ...... May Dept. 81 Mrlatrrs M ,. Mex. Petrol. Mes. Soab. OH Mex. Seab. Oil etta. Miami V. C Mid. Stat. OH Mldvale Stl Mi, K. A T. aew .. 1 SS 0 31 1 40 3 4 10 s 11 3 13 S a : r 8 3 S 37 1 13 S 4 3 3 3 I0S IB II 3 47 Bl 3 3 0 08 S 8 3 IB 3 '. 1 37 Bfl 4 a 34 18 43 a 10 1 a i a s a a li 3 B8 388 TO 13 41 3 a a B a T a i 8 a 4 a 13S 10 IT a Htah, s 48 ...... 48 4 in Last Low. Bala. 3 ' S 48 45 44 44 84 S4 8 0 183 . 1S3 00 , 37 ...... 00 01 o ...... 13 ......144 ...... 58 07 4 44 08 M 44 .,. S ... BO ... BT ... 17 ...137 ... IS ...307 ... 1T ...10 ... 38 ... 1S ... 85 ... 1T Mo., K. at T. pr, aevr 441 Mo. Forth 31 Me, Pae. pr. ............... 5 Moataaa Paw. pr. .......... 108 Montgomery Ward 31 Nat. Aeas Nat, Blscalt 'Nat. Blae. pr. . , . , . Nt. Caa. at Ca Nt. Ha. eh Stp Nat. Load Nay. C'oa. rp. , . . . . N. Y. Air Bra. .... N. Y. Central N. Y. C. at St. L. .. N. Y, N. M. at U. , . N. Y. On. at W. ... Nor. et Weet. ..... Nor. Amor. Okla. Prod. Oatarlo 811. Orph'm Clr. Otla Steel Owaaa Box. ,..... Pae. Dovel Fac. G. at SJ Paelfle Oil Paa-A. Pat Paa-A. Fat. B Peaa. R. R. ...... Praa. Sea. St Fear, at Bast Pare Mara,. , Mlla. Co. ... .... Phllllpa Fat. Pleroe Oil ........ Pig. wiar. Stores .. Pitts. Coal Pitt. Stl. pr. . Va. t Pitta, at W Foot. Cr. Coal psitaa Cereal Pr. Stl. Oar. ,'. Pre. at Kef. Fallmaa Ca. .. Fun. Al. Sagar Fare Oil ..... Ry. Stl. Spr. .. 8 i Ray Coo. C. . . IS Readme Remlagtan T. . Roploglo Stl. . Ron. L at Stl. . Rap. I. S. pr. Rop. Traek ... Rry. Tob. B .. R. Dateh St. Je. Load . . St. L, S. F. ... St. L. at Sw.... St. L. at Sw. pr, Saa Ce SaaT. Savage Arm , . Saxon Mot. , , . Soah'd A. L. .. Hears, Roo'b t- Saaeea Cop. .. Slnelr. Con. .. Shelly Oil ... SI. Sh. i.'et I... Santa. Fac. Baath. R. R. iaath. H. R. pr, Bplrer Mtg 15 315 . ....iaa ..... i '00 114 15 ..... S7 ..... 00 1 81 ..... IS 133 00 a .... T SB ..... 11 0 a 85 50 . , 01 . . 48 .. 4 .. SO .. s ..43 .. Bl .. .. 48 00 on 80 . . 10 Ulead. OH Cal. 148 T 10.1 4 a a 138 TO a 4 a 5 13 4 10 8 4 14 a ' 8 18 TT T 38 11 IA4 1 18 a 10 8 1 8 13 8 A 11 8 10 S n B 30 a 8 8 1 t 1 ataad. Oil N. J. .... Stan. OH af N. i. pr. Strom. Carb Stadebaker Sabma. Baat Trmtar A Tea- C. C , . Texaa Com Texaa Oalf ........ Texaa at Far, ...... T. at P. C. at Co Tide W. OH Tab. Prod ......... Tobacco Pro. A .... T. St. L. IV. B Tranaenai. OH I' a. Bag. et F. Union Oil tlalon Pae. ........ Halt. R. 1 pr. l'alt. Ret. St V, 8. C. I. IF. F .. V. S. F.- Prod ...... II S. lad. Aloo V. s. R, at Im. . .. Ii, s. Rahber ... ' I. S. Rab. lat pr, t. . Steol ...... ll.'S. Strol pr. ,.. I'tah Cop I lak Sec. Car. .. Vaaad. Carp. ... Va.-C.. Ckem. pr. VI, Ir. C. at C. . , Wahaek ........ Wab pr. A Wrh.-Hellbr. .... W elle-F. Bx. . , W. Maryl'd W. Md. 3d pr. . 'ratera Bl. pr. , Wee. Par W. Fac. pr West. l'a. Tel. . West. MTg. White Kagrle Oil Wklto Mot. .... White Oil Wlrk. S. Stl. . Wilson Co W eel worth pr. Worth. F. et M. ' !' ....113 tl .... 48 ....180 .... 48 .... 31 ....133 . . . . 44 .... 81 ... T. ... S4 ... 01 ... 00 ... 3 ... 57 ... 00 ...10 ... 39 .. S4 ... B4 : ... 33 . . . "'4.- ... 6 ... St ... 8 ... 85 ...10 ... 50 ... 05 ... 37 ... 00 ... 30 ...130 ,..330 . ..11T ...ST ...180 ... T ... 5 .. 0 ...51 ... 84 ... 80 ... an ...140 ... 01 , ... 85 ... TO ... 14 ' . T3 ... 18 ...151 . ., 80 841 8S .... ii .... T1 80 , ... 57 ,...181 ,...100 .,..133 , ... 00 . ... 01 .... 48 .... 00 .... 55 , ... 13 .... 83 , ... ia . ... Wt 14 . ... aa ....no .... IT ,...80 ....117 .... 08 .... 8t . ... 1 .... . . . . 18 ; .... 45 .,..135 8T 88 00 ST no 01 30 10 188 . SO 07 S4 44 50 58 48 07 88 80 7 17 ' , 187 17 . SOI 10 15 38 13 S4 1T 40 31 00 108 , H 14 :' 14 133 1 - 06 .118 . 15' 80 08 SO 80 IB 133 80 a : s ii 40 - SB 55 86 88 48 4 30 88 43 50 ' 43 00 00 8 . 30 N 113 01 48 180 4T 80 133 14 81 - ST ' 84 oo : 88 57 68 10 38 88 53 '- at 4 0 80 8 84 10 50 05 30 08 10 135 315 117 60 187 T '68 80 03 SO 35 140 . 01 85 T6 14 T0 r 18 161 SO 80 ., sa 5 -T0 80 57 101 108 133 05 01 40 00 55 '13 J 31 11 S3 14 83 100 17 80 110 03 81 ' 60 0 II 45 135 87 04 00 tr so 01 30 ia 141 68 87 84 44 60 58 44 88 S8 SO 67 17 1ST 1T aei 10 16 ao 18 84 1T ,40 '31 50 100 : ai 14 814 133 1 06 118 15 ST 0 01 SI IB 133 SO T ' 86 11 40 3 86 55 00 80 48 4 30 88 43 80 0 43 00 M ao 30 113 01 48 180 .48 31 123 14 SI 87 34 00 0 3 5T ' 60 10 88 04 53 3 aa 4 0 80 . 8 85 10 50 05 30 .135 315 11T 50 ,188 T 58 0 61 04 SO 35 '140 01 85 T5 14 T1 18 151 80 80 5 T1 80 '5T ,101 108 133 00 01 40 8 55 13 83 13 0,1 14 83 100 IT 60 11T 08 .11 50 11 11 45 135 8T General Market Closes At An Adrance of 17 to 28 Points. Opening Is Firm. SOOTH'S SPOT IS BULLISH Naw Tork, Oct 14. Tha eotton market showed continued aotlvlty nd strength with prions reaching oenta level during today a trad ing. December oontracta Bold at 22.06 is pointa net higher and oioaaa at 12.81 with the general market cloa- g firm at an advaaoa of 17 to II points. 'ins opening waa nrm at an aavanoe of to 14 points on overnight buy ing orders. Thsre was heavy real ising for over the waak-and and probably eonalderabla aelllng for southern acaount The disposition to take profits on long cotton after auon rapid advance as had occurred ainoa the holiday, waa Increaaed by disap pointment over doraestlo consumption figures for September, ana mere was so unfavorable comroani on Man chester trada advlcee. Overnlaht news from tha south ern spot markets waa bullish, how svar. while oontlnusd activity was reported In the domestic goods trade, and tha early offerings seemed to be very readily abeornea. ac any rata they oauaed only slight and brief raaotlona, after whloh the mar ket advanoad again on oontlnuad trada and commission house buying. People who had aold for a reaction vaatardav oovered on the upward movement whloh carried January con tracts to 12.42 and March to 22.S2, or about 22 to 28 points above yester day's cloalng prices on ths general list, Tha close was within a point or two of the best, with the census bureau reporting domestic consump tion of 40S.I44 bales for September compared with 627,404 for Auguat, arhen many traders naa expociea an ncreaee over tha prevloua month. Tha consumption for uoptemoer ines rear waa 411.711 bales. Manchester advloes stated that master aplnnera had decided to recommend tne con- inuance of present curtailment in nllle enlnninsr American cotton until November, or a week longer than the original plan. There was not much comment on the threat of a tropical storm which was said 10 no approacn in. iriorida. hot the outlook for un settled weather may have contributed aomewhat to tha advanos. . , . r ri, Oct. Dec. 12.40 an. , 22.28 Mar . 22.S0 May . 22.40 Total aalea 003.000 agataat 1J)34,TOO yesterday. 603,000 a week aaro, 340,700 a year ago and 880,430 twa years aaro. From Jaaaary 1 to date a.-iAao,oou agaiaai 10a, 608300 a year age aad 17i.0O3.ioo two yeara ago. I Herman exchange rste. Orest Brit i atn's full payment on the debt will ' he Mnndav when Its fiscal agents, i J. V. Mcrttsn and rompany will turn i ovrr 50.000.000 dollara to' the fed eral government approximately half nf thl representing the proceeds in Reduced Round Trip Fares via Southern Railway System On sals dally to WTNTKR RESORT T0INT8 Return limit June 15th. 'Kit. ! nulre ticket agenta for further formation. L. A. PEACOCK. 4 T, A. W. McC. NeaU, M.E. F. O. Imx 881 Pkoae S48I DCNSSLTi1n trcMA.NICAl, E8G!RCaS Maaalat aad Mill Deatga In DD LOTS COTTON Spots and Future 10 Bat ana multipU thmnt Reliable '1 Representatives Wanted as Anderson &Co. ffmmtmflWiMlMamUMX 116 Broad Street the shipments of gold sent here In the last few months for the account of the British treasury. Despite the German presidential decree forbidding speculation In ex change and the tremendous weekly Increase of more than 27,000,000,000 marks In note circulation the mark rontlnuaa to fall and the currency shortaae In Oermanv persists. IjO- ral exchange dealers re nf the opin ion test settlement or tne repara tions question and balancing of Oer manv's Internal budicet must he ef fected tn Insure stahlllistlon of the tnsrk. Announcement ot the sale of an 112.000,000 bond lesuo by the Nor wegian government to the National City company and an award of The Hague iriimnfti ot 111,0ml. ecu against the 1'nlted States on claima arlning out of tha leisure of Norwegian ships during the war ware followed by a sharp advahce of 44 pointa In the Norwegian exchange rate near ly nair 01 wnion waa canceuea to day. aaeonal demands for money re sulted In a hardening of the ratea A flurry In call money which aent the rate up tn 4 per oant was due to the calling nf loans by local In stitutions and the withdrawal kf funds by out nf town banks and tha government. The cloalng rate for the week waa 4 per cent Rediscounts with the federal reeerve banka and both the note circulation and de posit liabilities with these Institu tions, are Increasing but It Is gen erally believed that sufficient re sources remain tn make a further sharp rise In 'Mei Improbable dur Forrtga Rsehanaro. New Tork. Oct, 14. Foreign change Irregular. Orest Britain, de mand. 4.4!: cables, 4.44 ; 10-day bills on banks, 4 41 Prance, de mand. 7.CV; cables, 7.57. Ital demand. 4.22: cables. 4. 28. Rp glum, demand. 7.04; cables, T.04 tlermany, demand, osi; cables, .sift Holland, demand, SJ 15; cables. 18 1 Nnrwav. demand. 12. OB. Sweden, de mand, 20.44. Denmark, demand, 19.0 Switzerland, demand. 12.52. Bpal demand. 16.25. Greece, demand, 2.6 1'nlaml. .demand. .01. Csechoslovakll demand, I.I.. Argentine, r demand. It. 00. Ttrasll, demand, 11.75. Mon treal, 1.00 1-12. Naval Stares. Savannah. Oct. 14 Turpentine Arm, 1.41H; salsa, 241: receipts, 420 shipments. 111: mock, 12.001. Knsln nrm: sales. oi: receipt 1.115; shipments, M4; stock. 11.22 uuote: a i' a. r ... q. ' K M N. BIH05.66; WU, 4.006.10 WW', s.D0tre.'u. Metal Market. New York. Oct. 14. A moderate d mand has been reported for copper during the paat week with Vices generally eteaay on tne dssis or M cents for electrolytic Iron u changed. Charlotte Oottoo Market. ISSKiel te Kelly Nasal Charlotte. Oct. 14. Charlotte cot ton marketi Receipts, 125 kalaa OnONCOWESTfl SHOW ADVANCE PRICE Sales a ilOOO.) 4304 Liberty SHs ....... Liberty irat 4Ma ., Liberty aooaad 4t4s Liberty thlrsl 4Hs , Liberty fonrth 4Ma ST 1871 1810 2074 1.100 8 Argentina 7s Chinaaa (Jovt. Ry. -fa . . . Cltv of Bergen Is .. ... City of Bordeaux a .... City of Oopenhagen ss City of Lyons as City of Marseilles Is 1144 City of Rio de Janeiro Is 89 U City of San Paulo Is ...i .101H City of Toklo Is 70 Csenhoslovak Haoubllo Is Otf . . 14 Danish Municipal sa A ivr Department of Seine 7s II Dom. of Ban. m notes. 1122..101H Dora, of Canada as, mil tlnm. af Canada 6a. 1152 ntch v.ast Indlea la 1147 Dutch Ekst Indies Is. 111! .(... 15 French Kepubllo 7Ha 744 Open. High, 22.27 22.55 12.42 22.6! 22.14 22.50 22.27 l ow Close. Close. 22.05 22.27 tl.lt 22.15 22.51 22.22 12.24 22.41 22.19 22.49 22.10 22.47 22.24 Spot cotton steady; middling 22.50. ' Fart Movement of Cottos. Naw Orleans: Middling, 21.75: re colnta v 1.995: exports 6,271; sales 91. atomic 114. BHU. Oalveston: Middling iz.oo; receipts 14,011; sales 1,896: stock 191,710. Mobile: Middling ii.x; receipts 111- aalea 117: stock 10.179. Savannah: Middling 22.13; receipts 410: axporta 200; aales. 090; stock . . Chaneaton: neceipia ess; noos "w'inlngton: Middling; 22.00; ra celpts 1,901; atook 14,101. Norfolk: Middling, 22.25; receipts ,e. wnH.a 1 ?7ft. ..Is. 7SI' atonic n.u. - .... naltlmora: hiock l.ass. Boston: Middling 22.25; stock ,203. , ... vniianeinnia: Htooa.e.tsi. New Tork: Middling 22.60; stock '5Mlnor ports: Receipts 12,706; ax porta 11,705: stock 9,966. Total today: Receipts I7.4I4: ax- ports 21,951; stock 109.431. Total ror weea: jveooipta fi,t exports 26,5t. ... Total for season: Receipts 1,525,' 200; exports 192,636. . , Interior Movement, Houston: Middling 21.90: rscelpts 16,079: shipments 11,101; sales 12,212 stock 174. (12. Memphis: Middling 11.70; receipts 214: shlpmsnts 6,417: sales 5,000 stock 115.752. Augusta: Middling za.u; receipts 133: shipments 1,004; sales t4 stock 12.510. St. Lrtils: Middling 21.25: receipts ,440; shipments 7,020; stock lu.eso. Atlanta: Middling 11. eu. Little Rock: Middling 21.50; re ceipts 2,127: shipments 1,149; sales ,705; stock 6li.'(t.u. Dallas: Middling Jl.su; saiei 17,072. Montgomery: Middling 11.17. Total todav: Receipts 45.542: ship manta 49,11; stock 416,099. NEW ORLEANS COTTON FINISHES AT ADVANCE Lata in tha Day the Market Saas Its Baat, Advancas of 29 to 35 Points New Orleans, Oct. 4. Outside trad srs took possession of tha ootton market today and carried It to high er levela In the face ot a great dea of waak-and realising by older longa and no small volume or hedge sen na. The weatern portion of the belt waa a particularly heavy buyer and this ' demand appeared to be " based on axpectatlona of rains over Hun day. The continued storm warning tor the aaat uuir or Mexico, continued Imorovnmenta In accounts from mil and dry goods centers and reports of a much better spot demand at points in tha interior were an supporting nfluences. Lste In the day the mar ket waa at its best, advances ot I to 16 points with Deoomber up to 22.00 and March up to 12.0b. Around 22 cents realising by longs became very heavy and checked the upward movement. The close wss at 21.96 for December with tha list showing advances on the day of It to 20 points. First advances et 10 to K points were due as much to reports of a further good demand for manurac tured gooda aa to anything else, in Initial advance was followed oy re actions of about ten points nut tni soft spot was eagerly seised upon by new buyers and for a while in ring was very active with bulk o the bualneas from outatdera. The census bureau report, placing neptember consumption Of cotton this country, st 495,144 bales against 527,464 In August, was considered die appointing but It had naxt to no ef (ect againat values. Open. Hign, October December January , March ... May 2l.no 21.91 21.19 21.14 22 00 ia. 02 23.05 22.02 Low. Close 21.11 21.9 21.10 11.96 21.14 21.99 21.14 22.0 21.78 21.91 Soot cotton steady. 25 points u Low middling 10.76; middling 21.76 good middling 22.60. Foanor aad tleaae Cottea J,orter, . .BtMClsl Iv Psllr Hvet.1 . New Orleans. Oct. 14. Cotto eeomeil to gather more power today and aoored another rair sued, uti vance. There waa considerable Ion realialng and -short soiling at the start but the market abaorbed thla ao easily thst tt upset short sellers am brought on snother Covering move ment, Liverpool and the trade are credited with dotna most of the buy ing that upeot them although public selling in tne maraei appears to db Broadening every aav ano turnisninn it .nnri auonort en tha dtoa. Comnet ant observers claim thla forward movement has been due mora to trada and Kuropean buying than to any effort on tho.psrt of speculators. I aliens Oil. New York. Oct. 14. There waa heavy trada In oottonaeed oil today resulting from a eoare of near-month ahorta. Tha abaence or crude Drea aure, with stesdiness tn Isrd snd grain, alao Induoed active commission nouae DUying 01 late montne, aautii prices showed 9 to 24 points net Tie Bales 11.400 carrels. rrime cru 7.60 bid: prime summer yellow spo s.oa; October s.stt xieoeraoer a.i NEW YORK BONDS Mow Vara. ttet. 14. Tellowlac are (oaay'a kick, low aad Heaanar prteos bonds aa tha Mow York Otaak ttxekaago, anal tho total aalea af oash boadi United States Bonds Victory 44 a 4 sailed) Foivlgn Government, State and Municipal Close, 1014 IIU 110 92 II Hta-b. Low, ' Clone. 100 as 100.50 100.00 00.08 00.00 00.00 00 M 00.73 0O AS 80.04 00.84 MM 00.04 00.84 00J0 100.30 100.30 100 JM 100.14 100.10 IOOJJ RANGE34I023-8UP December Wheat Picked Up to 1.12 5-8 Largely On Advance At Liverpool. CORN AND OATS ARE UP 1I2S. .1U171 99U ; 993 17 .... 95H French Republic la 1' first 4V Japanese 4s Japanesev Kingdom of Belgium 7Hs ... Kingdom bf Belgium Is ..... Kingdom of Dsnroark 0s ...... Kingdom of Netherlands Is . . Kingdom of Norway Is ...... Kingdom of Swsden Is Paris-Lyons-Msdlterranaan la Republlo of Bolivia la ....... Rapubli6 of Chile Is. 1941 .... Republic of Uruguay Is ..... State of Queensland Is ...... State of Queensland Is Swiss Confederation la U. K. of G. B. ft I. 8Hs, 1129.. C. K. of O. B. A I. 6Va. 1917 .. United States of Braill la ... United Btates of Mexico 6s ... Railway and Miscellaneous Close. I ....104H .... 9444 Amer. Agr. Chemical 7 Hi mar. Smelting s Amer. Hnnr Is 102 Amer. Tel. ft Tel. ov. Is 1H Amer. Tel. ft Tel. ool. tr. 5 99 Armour ft Co. 4s J1H A., T. ft S. Fe gen. 4 ;w Atlantlo Coast Lino 1st oon. 4s.. 19 Baltimore ft Ohio S1? Baltimore ft Ohio ev. 4l 14V Bell Tal. of Penn. 7a 108,, Bethlehem Steel rer. es ........ ji ethlehem Steal o. m. 5S st Brooklvn Edison gen. 7s, D ...109 California Oas ft Electrlo Is ... 97 Canadian Northern 8Va 112 Canadian PaclAc dab. 4a 12 Central of Georgia la 101 Central Leather 6e 91 Central Pacific, artd. 4s tK Cerro de Pasco 8s 124 - Chesapeake ft Ohio ov. 6s 97 4a Chesapeake ft Ohio cv. 4H 88 Chicago ft East. Illinois 5 II Chicago Great Waatorn 4s 62 Chi., Mil. ft 8t. P. ov. 4Vis 72 Chi., Mil. ft St. P. ref. 17 Chi., Mil. A St. P. cv. 6 77U Chicago ft Northweatern 7s 109 Chicago & Northwestern ttts...llltt Chicago Railways 6s 11 Chi.. R. I. ft Pac. ref. 4s 14 Chicago ft West. Indiana 4s 77 Chile Copper 7s ivsft Chile Copper Os so Colorado ft Southern ref. 4s. . . .88 V4 Columbia Oas ft Electric is , ... 90H Cuba Cane Sugar deb. is iztt Cuba R. R. 71s, A 107 Cuban American Sugar Is 107 Delaware ft Hudson cv. 6s . ,..100H Denver ft Rio Grande Imp. os . . sa Detroit Edison ref. Is ...104 Detroit United Rwvi. 4ttl .... 5tt DuPont de Nemours 7Hs 108 Duqueane Light s iutt Empire Oas ft Fuel 7s ctfs. ... 94 Erie gen. ts ds Erie pr. lien 4s 85 Framerlcan Ind. Dev. 7 98 Oeneral Electric deb. 5s 101 Goodyear Tire 8s. 1911 99 Goodyear Tire 8s, 1941 110 Grand Trunk Ry. of Can. li ...101 Great Northern 7s. A 111 Grsat Northern 5s, B 102 Hudson ft Man. ref. OS, A Hudson ft Man. adj. inc. Is eo 1 nols Central Btte 101(4 Illinois Central ref. 4s 89 Interboro Rapid Trana. ref. la . . . 78 Inter, ft Gt. Nortnern adj. sa wi.. 13 Inter. Mer. Marino a. f. Os 94 International Paper ref. 6s, B ... 88 Invincible Oil 8s 108 Iowai Central ref. 4s 43 Kan. City, Ft. 8. ft Mem. 4s i Kansas City Southern 6s 91 Kallv-Rnrlnafleld Tire Is 108 Lackawanna Steel 5s, 1950 ...... 92 Louisville ft Nash, rer. os ....nib Market Street Rwy. oon. 6s .... 90 Mexican Petroleum ts .........108 Close. .89 . 86 .82 , 88 ' .101 , 68 99 99 Mldvale Steel cv. (a M., K. ft T. nsw pr. Han 6s. A. . M., K. ft T. new adj. ts, A . . . M., K. ft T. first 4s Missouri Paciflo con. 8s. , Missouri Pacific gsn. 4s ....... Montana Pawer 6s,' A New Eng. Tel. ft Tel, 1st 5s, ctfs N. Orleans, Tex. ft Mex. inc. ss. . 75 34 Nsw York Central deb. 8s ......108 New Tork Rws. ref. 4s. ctfs..... t8 N. Y. Telephone deb. ts, 1949... 107 N. Y. Telephone ref. 8s, 1941. ,..'105 N. Y Westchester ft Bos. 4i.. 64 Norfolk Southern 6s, A 89 Norfolk ft Western ev. Is 120 Norfolk 4k Western con. 4s ..... 90 Northern PaclAc pr. lien 4a. 88 Northern Pacific ref. 8a ..109 North. States Power ref. 5s, A. . .. 94 Northweatern Bell Tel. 7s 107 Oregon-Waah. R. R. ft Nav. 4s .. 82 r-acinc uas at electric es si Pacific Tel. ft Tel. ts. 1962 otfs.. 92 Packard Motor Car 8a 107 ran-Amer. ret. ft Trans. 7S ....102 Pennsylvania K. R. 8s ...110 Pennsylvania H, K. gen. ss , Pennsylvania R. R. gen. 4s rrosucers ft ttennsrs as Public Service ts Reading gen. 4a Kepuono iron ft steel 001. Os . Rio Grande & Weatern 1st 4s. Rock Isl Ark. ft La. 4s .. st. u., iron mi, sou. rer. 4s , St. L, ft San Fran. adj. 8s St. L. ft San Fran. lno. ts St. L. San Fran, pr, lien 4s A. . Seaboard Air Line con. 8s . . . . Seaboard Air Line adj. 5a , . . Seaboard Air Line ref. 4s , . . . Sharon Steal Hoop 8s. A Sinclair Crude Oil 5s ...... . Sinclair Oil ov. 7a Sinclair Oil col. 7a t.. Southern PaclAc ev. 4s ....... Southern PaclAo ref. 4a Southern Railway gen. 8s . Southern Railway con. 5s Southern Railway gen. 4a .... South Porto Rico Sugar 7a . . . Standard Oil of Cal. deb. 7s . . Third Avenue adj. 6s Union Bag ft Paper 8s, A ctfs. Union PaclAo Arst 4s Union PaclAo ref. 4s Union Tank Csr 7s United States Realty 6s United States Rubber 7s United States Rubber ts United States Steel s. f: is . . . Utah Power ft Light is Va. -Carolina Chem. 7s, etfs . . . Virginian Railway ts Western Union 8s Westlnghouse Electric 7s -. . r, Wilson ft Co. s. f. 7 s Wilson ft Co. ov.ts Total sales of bonds today were 114,421,000 oompared with 824,284,000 previous day, and 108,272,000 a year I ago. ' Chicago, Oct. 14. All grains aver aged higher hero today reflecting tha strength of foreign markets. The sn-' dertona waa strong throughout tha short session and while there waa . liberal profit taking, the offerings were readily absorbed and prloes ad- ' vanced to a new high on the preaent ' movement. At the finish wheat waa up eent to 2 cents, with Decem ber 1.11 to 1.12, and May 1.12 to f 1.12; corn advanoed 1 to 1 cents; oats were up ' cent to 1 X cente, and provisions ranged from IV3 f ui;uii w iv cents nigner. An advance at Liverpool and high er quotations at Wlftnlpeg acted as ', bullish Influences at tha start of the market here. There was fair buying,, by commission houses and the local . trada which advanced the December i delivery to 1.12. the hlg-heat prlca elnce late in July. The bulge waa ,' checked, however, by selling on rest- ? ink oraers, ana oy scattered longa who were evening up for over Sun- day. On the reactions thsre was some : buying by oommlsslon houses, al- ' though there was little In the news that attracted attention. Leading, oash handlera aaid there was little ' prospect of any material Improve- ' ment In the ear situation for soma time to come. Movement In the ' northwest la falling off beoauss ef a f shortage In cars. 1 corn and oats followed the course of wheat. There was some psrslstent buying of corn by oommlsslon houses whloh was the main sustaining Influ- encj. Oata advanced to a new high on the crop for May with December going to a fractional premium over ' the deferred deliveries for the first ' time. - . t Provisions were rather dalt with ' October lard ellghtly eaaler and the ! deferred deliveries firmer. ' i .. . open. High. Low. ' TV Dtfti; ...100 ... 93 ...104 ..85 .. 94 , . 7 .. 83 , . 89 !. 11 .. 61 ..74 .. 18 .. 27 .. 44 ..100 .. 88 . 100 ..101 .. 92 .. 88 ..103 .. 97 .. 71 ..101 ..100 .. 12 ..100 .. 11 .. 86 ..104 . . 91 ..107 .. 89 ..102 .. 92H .. 98 .. 98V, . .110 .,107 ..108 ss SOUTHERN MILL STOCKS (Quoted by R. S, Dickson and Com pany, Gastonia, N. C. and Greenville. S. CI -Bid. . 71 .215 .155 . 88 . 99 .128 .200 88 ...140 ...225 ... 15 ...155 ...118 ..112 ...118 ... 75 ...112 ...60 ...lit ...110 ... 97 ... 71 ... II Acme Spinning Co 17 Arcadia Mills . ., HO American Spinning Co....... .. Amerl. Yarn and Proa Co... 109 Amer. Yarn and Proo. pfd..,101 Anderson Cotton Mills i 96 Arlington Cotton Mills. .,..iuu Aragon Cotton Mills (8. O..I1S Arcade Cotton Mills Arrow Mills 120 Augusta Factory 2" Belton Cotton Mills Belton Cotton Mills, pfd.. Beaumont Mfg. Co Bibb Mfg. Co. Frogon Mills Clara Mfg. Co. , Clifton Mfg. Co Cabarrus Cotton Mills Cabarrus Cotton Mills, pfd.. 100 C'd'k Hosklns Co. (par 825) 10 C'd'k-Hosklns Co., pfd mo Chlauola Mfg. Co. . , 179 Chlquola Mfg. pfd Calhoun Mills .......... Cannon Mfg. Co Clovsr Mills Climax Spinning Co. ... Creacent 8plnnlng Co.... Columbus Mtg. Co. (Ga.) Converae, D. E., Co Darlington Mfg. Co Dixon Mills , Drayton Mills Dresden Cotton Mills . Dunesn Mills Dunean Mills, pfd Durham Hosiery, pfd. ... uurnam Hosiery .... Eastern Mfir. Co Eagle and Phoenix (GO ...140 KBrd Mfg. Co 15 Rnterprlss Mfg. Co. (Ga.) . . 10 Erwln Ootton Mllle Co 801 Krwln Cotton Mills Co., pfd. 104 Flint Mfg. Co ,160 Osffney Mfg. no 4 Gibson Mfg. . ,ltt Globe Yarn UlUs N. C.).... 62- Grace Cotton Mill Co. Gray Mfg. Co 200 ; Gleswood cotton Mills Gluck Mills .107 Greenwood Cotton Mil Is.... 175 Grendel Mills Grendel Mills, pfd. (par 160) 42 Oranltevllle Mfg. Co 120 Hamrick Mills' lin Hanea, P. H. Knitting Co.. . It Hanea. P. H. H.nit. uo., pia...ivt Henrietta, pfd ...100 Hillside Cotton Mills (Ga.).i00 lnman Mills tOl Inman Mills, pfd. . . 100 Jennings Cotton Mills 219 Judson Mills 271 Judson Mills, pfd 100 , King. Jne. P.. Mtg. uo int. Lancastti Coltot Milla I...1H Limestone Mills .120 Llnford Mills . 87 Lola Mfg. Co .. Looks Cotton Mills Co..... 165 Lsurens Cotton Mills 100 Marlboro Cotton Mills 81 Mills Milt ;.- Mills Mill, pfd 1 97 Monarch Mills, (S. C.) lit Mollohon Mfg. Co 120 Musgrove Cotton Mills .... It Myers Mill Myrtle Mills 104 National lam Mill 15 Newberry Cotton Mills ,,..116 Orr Cotton Milla ...104 Os' Ootton Mills, pfd. 93 Parkdale Milla 121 Paoolet Mfg. Co. ... . , 149 Pacolet Miff. Co. pfd. 100 Ask. 100 ItO lit 103 91 260 98 130 to 101 130 10 108 too 125 195 123 78 79 23 91 111 140 SO 171 70 71 250 lit 4: 120 14 109 160 I7S 140 ii 101 171 is 210 lit 114 70 78 lit) 132 105 16 111 166 Bid. Ask Seminole Cotton Mills Co.l. 95' 100 Sibley Mfg. Co. (Ga.) 19 Spartan Mills .....135 Sterling Splnlng Co 123 Superior Yarn Mllle 91 Toxaway Mills, (par 825).. 29 Union Buffalo Milla 19 Union-Buffalo Mills 1st pfd. 90 Union Buffalo Milla. 2nd pfd. 11 Vlctor-Monaghan Co 104 Vlctor-Monaghan Co., pfd.. .108 Victory Yarn Milla Co 10 Victory 8 per cent pfd 100 Ware Shoals Mfg. Co 161 Watts Mills, 1st pfd 76 Watts Mills, 2nd pfd. ...... 84 w inset lams Mills Co 70 Wlscaasett Mills Co 190 Wllllamston Mills 22S Woodsida Cotton Mills lot Woodsida Cotton Mills, pfd.. 87 Woodruff Cotton Mills ....110 92 82 105 91 100 71 Coffee Opens 2 Points High to 2 Lower, But Rules Steady New Tork, Oct. 14. The market for coffee futures was even less active than recently but after opening 2 points higher to 2 points lower, ruled steady on a little covering for over the week-end. March contracts ruled oetween r.ua sna s.os, closing at 9.07 with the general market closing un. changed to 0 points higher. Sales were estimaten at about 3.000 bags, iKjnuifi 4uiii.uQni; tjctooer a.uf, lie. rember 9.17: January 9.14: Marol 9.07: May; July 8.00; September 8.60, Hnnl nnfta. m..l D I n .. , n ... Santos 4s 15 15 cents. Cost and irciKnt otters were irregular, sorm of the Santos 'Offers helnsr a shell lower while R4o 7s were higher with snippera aaKing.s.o& American cred Its The of ifclal cables reported an sd vance of 20 rels In the dollar hnvim rate with a,decllne of 1-12 In the rate on London. Rio futurea were 100 to 1,25 rels higher and Santos 60 to 175 reis nigner. Brazilian port receipts, 12.000 Jundlahy, 24,000. Rio cleared 1,800 tor new i org and 12,700 tor New Or leans. 109 1.11 1.12 4 1.04 1.02 Close. 1.'UH, 1.10 1.12 1.03ft uui 84 .86 .83 .65 ! .85 .17 .16 .17 " .65 .17 . .864, .17$ ' .40 .42 .40 ' .42" .41 .48 .41 .42 .89 .40 .89 .49 ' 10.92 10.90 10.92 W 9.40 9.80 1.80 , "" Dec. Mav .. July .. Corn: Deo. , . May .. July .. Oats: Deo. . , May .. July . Lara: Oct. ...10.90 Jan. ... 9.10 Ribs: - ' O0t. ... .... L .... 10.50 Wheat :No, 2 red, 1.11 : No. " 2", iNA-H4',. Corn' No- 8 mixed, 19 V, 870; No, I yellow, I971. Weekly Metal Review. New York. Oct. 14. Tha sr.. I m.r, ket waa unaettled during the week . owing to the unusual conditions aris ing from congested traffic conditions which not only delayed delivery of flniahed products but Interfered with , the movement of raw material. Mills were well occupied on old orders but" new buying waa sporadic and less ac- i tive. Pig Iron displayed an taster.. tendency aa buyers were' diannarf tn. await developments. Copper has remained ateady on a comparatively moderate demand. nouin American and domestic produc tion Is said to be Increasing some- w what, but the statistical position hag been steadily Improving and a rather better export demand was reported during the middle of the week moHtly for ehipment to Germany. Offerings by second hands have remained llicht and producers have held prloes well up to the 14 cent level. Deliveries' on old contracts are being delayed to auiou ei-eni oocausc . ot transporta- ; tlon conditions. ., Tin has ruled firm and higher, fol- lowing London atrene-th. and la ,nn,l to. Import cost on straits. 'Chines t tin, however, has been more plentiful, , and 89 per cent tin Is not keeping paoe with straits. ? Lead Is strong at the recent ad- V vance, local stocks are small and of- i l"iirgI VI 1kM' " Producers are i wviii,, win, unliveries. : Zinc has become easier because of I reduced buying due to the unsatie- ! factory car and fuel situation but " producers are not inclined to preea ; sales at the moment. f Antimony qolet as buyers sre re- 1 listing the higher prices being asked. let and Flag-g's Carton Letter. land.: u, Kelly Nm , , New York., rut ii tv. - 1 figures were considered disappoint- Ing but the Impression Is so strong ; now that the crop Is seriously short and that affairs are shaping In such Tt. " mpiy a oontinued antl I probably growlnsr aniivitv in . that the report had very little effect t ' uns aeemea mat tne; rather bearish showing would prove only a temporary phase to be later f replaced by exceedingly bullish ; comparisons. The holding movement in the south Is now thought to bo f getting under, way In earnest and the I selling movement Is believed to hav S eased the peak as producers now J ave on hand enough cash for Im - mediate requlrementa and can wa'l : for the demand to come to them. No aane person would expect prices t r advance by leaps and bounds ami without reactions but a gradually hardening process seems under way In practically every dlvlalon of tho Induatry and such reactiona as occur promise to be limited and temporary and should be taken advantage of to make purchases. Trade rsvisws sre ; unanimously optimistic. A hlghsr baals Is reported In the south with . cotton more difficult to buy even at i the advances There la a price which will, severely check consumption but we believe It Is well above this level. : POST AND- FLAGO. , G1LBERTC.WHITEC0. An O'ganlaatlon ot Civil. Meekaaleal. Electrical and Chaeateal xcaglaairs DURHAM, N. C WATER WORKS. POWBR Mi UTS. ' iTIEKT0. KUADS 92 Pelaer Mfg. Co, ........... .116 Piedmont Mfg. Co. (H. C.)..1I8 Perfection Spinning Co 90 Poe. F. W. Mfg. Co. 109 Pelnaett Milla 90 Prlaollla Spinning Co. .... 80 84 Ranlo Mfg. Co, Ill .. Rax Spinning Co , 17 Rax Spinning Co. pfd 10 ' II Hlvaralde Mills psr 111 60 7 1 Ktveralde aid Dan River... 216 lot IHIveralde at Dan River pfd.. .102 104 Kowan Cotton Mills uo Roanoke Milla, lat pfd 101 101 Roanoke Mills 2nd pfd. 98 100 Itosemary, pfd. 99 100 Rhvne-llouser Mtg. Co 90. . . Investment Securities Bought, Sold, Quoted Prompt Attention Given All Inaalrlea. First National Trust Compiuiy Dnrhaaa, N. p. RUCKER & COMPANY Cotton Merchants CKalENSBORO, NORTH CAROLINA MEMBERS New York Cotton Exchange - New Orleans Cotton Exchange An Easy, Efficient System of Bookkeeping We have worked out a system of books, suitable for any commercial bualneas. large or email, which reduaaa bookkeeping to a minimum, and telle at anytime the condition ot the buslnsss. It also reducee the work ot msklng-up lnoome tax returns. In short, "this system is one that every buslnsss man, who wishes to ' keep tn constant touch with ooats and profits, will aporeclate. roe farther tafaraeatloa ahaee or write Scott Charnley Co. ' CortlOod laklle Aaoeaalaata Andlta, Systems, Tai Servtoo j 14 North Blsa Street J Ing tha next vjw months. price, ii. March I Is. all bis. I Saxon Milla 81 '
Greensboro Daily News (Greensboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 15, 1922, edition 1
19
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