Newspapers / Greensboro Daily News (Greensboro, … / Nov. 22, 1922, edition 1 / Page 15
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GREENSBORO DAILY NEWS. WEDNESDAY. NOVEMBER 22, 1922. MUTT AND JEFF Jeff Would Do Much Better With a Can Opener By BUD FISHER T I T TTU C lx.-T . 1, - --!-- 1U&U 111 lUJJilUUU JIUUIV IB U1C Principal Feature of Trading Absence of Outside Public Interest Clearly Shown By Decline In Volume of Business Which Has Been Very Marked Throughout the Week Market Very Uncertain. Vt'cpp L.Vr'Vuora ar Tre I ITTTl sittimcA i fjefF, UUewl that wwr If SAK Did ou euefc HerMi of) 1 jT could P.Nb H,Tu.NeY- U60M, oP e uoM V5 KOD& PETftOLg MJJ- V FfAMOyRSeLF. ( 1 rh ild 1 -11 r (By Uaaa Win te DalB Itawa,! vt tr i- , ul LTnlhio nnll allow more clearly iiwimi- cbaraoter of the market and the ab sence of outalde publlo Interest than the limited total of transactions whloh felt well under 400,000 shares. Coming after yesterday's small busi ness, It begins to loolt as If the mar ket Were drifting Into a period of dullness and whlpsawlng Irregularity. Pools and professionals are busy with a few Issues and whenever they be (limit aotlve a acrle of prloe move ments out of the ordinary may de velop. .Jiisues that are loft to them selves, however, move within ex tremely narrow ranges. Today's market was featured by the sharp rise In some of the tobaoco specialties. Including Reynolds To bacco B, while such specialties as North American, Consolidated Oas, Hlromberg and American Can dis played activity anil firmness. Buying came Into the shipping shares and t,urtail b firmer time. The general tendency of the market was uncertain throughout most of the aasHion, however, and toward the close there was enough pressure In the steels and the equipments to Im part an appearance of unsettlement and Irregularity. The rails came In lor, only sligrt attention during the The President's message attracted attention olilelly on aaoount of Its tmeciul appeal for a constructive pol icy on behalf of the American mer chant marine, and suggestions for ag ilc.ultural rellof. In the financial ttls trlct, however," k Is believed that western opposition to i ship subsidy plans virtually doom the movement to failure. ... 'terns of more than passing lnter- . - t ,., n,irl thnt the Frisco road was planning to build US miles additional road, something unusual in tnese aays 01 railroad construction, and the indica tions of continued, heavy operations in. nuiimnff inruuKiiuui. The aggregate of new contracts awarded in October throughout the il T,.,rii,..ustsrn states amounting to what conflicting rumors regarding the future dividend policy of the company. In some quarters usually In olose touch with the company's af fairs, an extra dividend of from fi to 60 cents pec share is anticipated, while others are Inclined to expect the retirement of the company's f 800,000 of preferred stock. It Is generally aocepted that earnings on me common mis year will be about IS per share. Despite the. definite denial by President Grace, of the Bethlehem Steel Corporation, some weeks ago me rumor mat uetmenera will even tually acquire Mldvale will not down. It Is entirely possible that the situa tion has ohanKari oonaiderahlv since Urace's statement, and traders are now recalling the fact that In the summer of 1920 well defined plana for the combination of Bethlehem, Lackawanna and Mldvale were being negotiated. Since that time Bethle hem has actually acaulred Lacka wanna, while Mldvale after serving as one of the leaders In the projected merger of Independent companies, Is again alone and presumably open for negoviauons. MUK1TUM. ...A. Aim ftftfl rocrlKtarM A grain Of 14 per cent over last year. The marking up of the call money rate to 6ri per cent seems merely-to indicate thnt money is not going to very cheap and that the low late such as was reached last week Is go. lug to be the exception rather than the rule. MONITOR'S WALL T. GOSSIP (Br Uuti Wli te Oallj leal , I.M i9 h. rbll.dflDhll Pablie Udaar.) New York, Nov. 81 Instead of : the Increase in dividend expected on R. J. Reynolds common, directors have de clared a stock dividend of 8S 1-3 per cent on both tn regular common " "rt' navahle In common "B". Reynolds is as well situated as any tooaoco " ---' making, as It does, one of the most popular brands of moderate priced :...iui i.,hacr.n. as well as national ly known cigarette, brand, which Is a with immiit. nre.ssura removed from the copper metal market, the undertone is considerably firmer and It 4s reported from Boston that eleo trolvtio is again selling- there on the basis or l cents iwi wvomui Ship stocks benefited considerably today from the strong stand taken by President ,Mardlng on the ship sub sidy bill in his address to Congress. i.rth,rmnrA the house merchant marine and fisheries committee has favorably reported the amended ship subsidy bill which allows for a heav ier subsidy because of the loss to American vessels of the right to sell liquor on board, which loss ia caus ing a decline in demand for passen ger accommodations. Trader! are again evincing a deep intt,rf.st in the susrar stocks as a re sult of the continuation of the strong market for Cuban raw sugar. The difference between a 2vi-cent market and a 34-oenl market Is tremendous when Ilgureu on a dssii ui iuii ui about 4,000,000 tons. The outlook for the coming year Is considered excep tionally bright. Amt.f,n ran reached 75 today, axtahiuhinifx a niw high record. It Is reported that directors will soon meet, probably around the 29th of this month, to tske action on the dlv. Idend. Rumors in the market are de cidedly Inconsistent and while In some quarters it is stated that no ac tion will he taken this year, In other quat'tcrs the only bone of contention seems to be whether the rate will be 4 per share or $5; Using the un ii.,,,i,tAd nrnannrltv in the canning In UuHtiy as a basis for calculations, It Is fair to assume that If directors do have a special meeting some action will he taken on the dividend and a 14 rale would appear logical. Announcement of the plan of the Pennsylvania railroad to enter Into an expansion program around Pitts burgh, necessitating the expenditure of Jl 110.000,000, followed as It was by the statement that the Frisco will build 138 miles of new road In Okla homa, war decidedly cheerful Infor mation. While the railroads' have been spending large amounts for new Mnninment this has been merely a re- Elacemeut process in an effort to ring the roads up to something like normal efficiency. The new plans an nuiinced today represent a definite expansion of facilities. The new uonstruction on the Frlsoo whloh will nerve, the Rurhnnk, Uarber, Tonkawa and Hillings on news, will cost about jrj.uiu.0iJ0. Work will he started early In lf!S. The Pennsylvania work in designed to reorganize the city street rnllway system In and around Pittsburgh, and It Is assumed that the program will be completed In Bbmit ten years. W. W. Wheeler, receiver for the Chicago and Alton, Is taking definite steps to ronantiirate tnat property, lie estimates that the railroad can be made, to earn ij,ij,uoo by May, 12 J, rrovimnr tnat tne company can on aln S2.o00.000 for necessary exnendi tures. Tnereiore, ine receiver nas applied to Federal .Tudge Carpenter in Chicago for permission to Issue 2,00O,oou receiver certmcatea. Hall of the proceeds would be used to liq uidate pressing Indebtedness, with the remainder used to bring rolling stock and other equipment to a more efficient point. - Mnon Motors, which entered lieu. high ground around 16 today, Is the center or many interesting ir some tinier & Beane, Brokers Members it the New Ts Stock Eaknace - New York Gotten snrehange and New Onvnn Cotton Exchange Chicago Board of Trade Associate aaembera -of Liverpool Cotton. Aasoolattoa .. Nrw Orl'ani New Tea i.i urariar stmt ar KUlUa Sum) "Private wires throughout the Cotton Belt We v MrraponsnU of lias. MeifMla Ca. C. B. EVANS' CHICAGO LETTER. (By leaied Win Ui Dill- Nmm.1 (Coprrltbt, 1921. by rhlUdelpbU Public U4f.) Chicago. NOV. 21 iWnalnnnllu a king drops out of regal existence ana we turn a languid gaze toward the space that he has filled and that Is the end of him so far as we are conoerned. Almost equally does the public show Indifference toward a really significant happening In this city, that is the departure of 17 citi zens from our midst to prison plus the payment of rather liberal fines. Yet the Incident Is a business fact of much significance. These men have oeen persistently followed by the ad ministrators of Justice for two or three years, and their cases have gone to the highest court but with out avail to them. William BrOBS Lloyd la sentenced to one to five years' Imnriaonment and a fine of 15,000 for violation, of the state espionage act and his asso ciates are awarded similar penalties in proportion to the responsibility considered as belonging to them. The offense Is really that of Insurrection ary proceedings against the govern. "'fin, which were typinea by tne ap pearance of Mr. Lloyd in the street flying a red flag. Lloyd Is a rich man, a lawyer, grandson of William Bross, once lieutenant governor of Illinois, and son of the lata H.nrv D. Lloyd, a man of extremely sweet nature dui witn ideas regarding gov ernmental affaira at variance ulth mose neia by most American cltlsens. r-ernaps nenner William Bross Lloyd nor his associates would he sot down by the ordinary person as oaa men,' out they have given countenance and leadership and en couragement to a class or persons whose Instincts and habits of life are logically subversive not onlv of our government nut or all Industry In the sense in wnicn we commonly use that term. That Is the offenssj chare-eit arnln.t them by most business men who are extremely sensitive tn anvthln- that looks like-a change In the control of property and business. Nothing ruf- me oia style ousiness man. or tne new stvle for that m.tt.p uu the words socialist, communist, syn dicalist and th rest of tha terms l mat category, ana the pressure of the property Interest, tn th 4ifn. tlon of calling communists and thehr iik to legal aoooont Is very strong. It is well understood that these so. called reformers are a comparatively new type, and a dangerous one, with mo unanimous destiny of murder and robbery as characteristic of the status toward whloh they are tend ing, reversion to a gross condition is inevitable if their orinalnlea are carried Into fill! operation. in soma instances, such as that of nir. uioya. tne unfortunate thing will be that so much real goodness and knowledge and mental discipline WOUld go down to the heaat Ntntua and be wasted. Most people observ ing tnese persons pronounce them paranolacs and surely if they are sane tne rest or us are not sane. That applies to the philosophic portion of the group. The rest of the members are simply envious per sons that want to get other people's property awav from them invhnw they are not like the great reformers of history, such as Luther, William tne silent, Cromwell, Oarrlson. this clans have caused a rreat deal of Injury to the business affairs of this city, which has become no torious tor its labor troubles and in which the buildlnv induatrv for a long time under the thumb of 'un scrupulous labor leaders, not alto gether free from that domination at the present time. Along with this has been extraordinary era of crime, largely Inspired by the very nrinri. pies of these convicted men, whose purpose is to destroy or greatly modify our present financial and social orders. It Is a satisfaction, therefore, that these worms of the community are to he placed in structures of material harder to bore Into than the rather thin fabric of civilisation. It Is gratifying to see with what oonnuence tne American looks for ward to the futuro of his' country and us ousiness in tne race of unques tlonably great menace from th rv olutlonary classes chiefly In foreign countries. Our system has so much strenrth In Itself that such happenings as the sending of these men to prison or even a sudden outbreak of rioting are considered trivial Incidents. To day in the most haxardous of all lines or business we find stock tracers noiaing on and. as one promt nent broker Puts It. "buvlnir mora. Nothing short of old fashioned fever and ague, which used to trouble us here a great deal In the early days, can shake the Chicago trader loose rrom nis stocks. He can stand Lloyd and his associates multlDlled many times over, If necessary, and still wear a tmlla. a B, EVANS. Cottonseed Oil. Now York, Nov. 21. Cottonseed oil was partly lower early, but late firmed ud on short covering and little outalde buying, Inspired by the strength In cotton. Tenders of 1.000 barrels were nut out but had no mar ked effect. Closing bids were I to 10 points net higher. Sales 10.900 barrels. Prime crude 8.25 ' sales prime summer yellow spot, 9.60B9.I6 December, 9.41; March, 1.80; May, 9.. ail Did. Dry Goods Market. New York, Nov. 11. Cotton goods markets were quiet today with some light easing reported on a few num bers of wide print cloths, Yarns were unchanged. The Jobbing trade aener. ally was quieter in the local markets Milks continued to sen ireeiy. uress goods were firm and they showed an advancing trend In Becond hands. New carpet lists showed further ad vances. Burlaps were steady. BRINGING UP FATHER a BY GEORGE M'M ANUS WELL- IF I ,OTTA, DIE I'M NOT ;ONNr BE. POUND IN TH OUT FITi I WISH 1 HMi NEVEC. tjEEH 1 I i r-m i si i HOW WHKr THE MATTEL? THINK its OUR FINISH OOQ BV DINTV: OLD 1 I 7 I I a NO-THEX A.RE. KNCEL-IN TO Oil- I OON'T KNOW "WHETHER WE OOOMED OF FREE,' erf ou.f- THE-fE. THIN' m. . BT iOLUV- IT WOZ. THCr 5UITb THAT ALU THCTRO'je)LE: TO MY LlKlW; Cwytislrt. I'. r I"'1 '" ' NEW YORK CURB MARKET New York. Nov. 21.-Transactions on the New York Curb Market today were as follows: 8ales Industrials Acme Coal Acme Packing Aluminum Co. of Am. Amalgamated Leather Am. Hawaiian S. S. . Atlantic Fruit Co. . Borden's Cons. Milk . Brooklyn City R. R. INSURNCE Automobile, Fire, Life, Accident, Health, Bondi Fielding L Fry and Company 1 Otfleo now Iwatef grate 'Flea atreot V. L. Fry. President. Pkoao 408 Albert V. Star ens, Adjnster Made in Tampa from the finest imported Cuban tobaccos. A cigar worth smoking. Price 10c and tip. . Sold by all dealers. Smoke , San Luis Cigars Callum Tobacco & Candy Co. 8400 2000 100 100 1100 200 100 100 00 200 7400 8100 11100 2000 100 100 8700 200 600 S70 200 0800 300 1SO0 800 100 100 800 100 100 1300 1400 900 175 1400 ISO 100 1100 200 4000 1700 900 1100 800 tooo 100 100 100 100 200 200 26 8400 800 (00 800 100 800 1400 1200 1700 680 165 180 210 230 130 436 2400 45 10 410 200 (400 80 900 60 10 900 100 400 6000 100 1900 100 800 800 100 1000 soo 1000 100 700 1000 8800 26000 100 200 85 8800 4000 300 (00 23400 21000 4200 8700 800 100 2000 2400 "200 2000 8600 100 7m ooo 100 1900 2000 1700 18000 2300 2000 1000 100 200 6000 1000 14000 12000 mooo soooo 1000 2300 ioooo 8000 2700 1400 1900 JOO0 1100 6000 Close . .36 . 224 . 1494 . 16 . 2 .111 . 8 Buddy lluds IH Cent. Teresa Sugar Co... 1 Chicago Nipple 3 Columbia Emerald 64 Continental Motors 10 Cuban Dom". Sugar 634 Curtlss Aero 44 DublierCuud. and Radio . S V Durant Motors ,. . 66 Durant Motors Ind 14 Federal Telegraph 7 Gillette Safety Razor ..250 Glen Alden Coal ttt Hayes Wheel 17 Heyden Chemical 2 Hudson Co. pfd 1H4 Intercontinental Rub. .. 4 Lehigh Coal Bale 78 Lehigh Power Sec .... 18 Llbby McNeill New 7 Mauy and Co. w. 1 60 Maoy and Co. pr. w. I, ..111 Mercer Motors 2 Mercer Mot. v. t. ctf 2. Mesabl Iron 11 N. Y. Tel. pr. w. L 110 Packard Motor 19 Packard Motor pr 93 Philip Morris 16 Prima Radio .. 1 Pyrene Mfg. 10 Radio Corp. com 8 Radio Corp. pr. 3 Rao Motor Truck 18 Repettl Candy 1 Schulte Stores 67 South. Coal and Iron 36 Standard Motors 2 Stuts Motor Swift International ,. Technical Products . , Technicolor,- lnc Tob. Producta Ex Todd Shipyards U. 8. Mght and Heat . . United Retail Candy .. Wayne Coal West End Chemical ., Willys Corp. 1st pr. . . Willys Corp. 1 pr. ctf .. Wlnther Motor A Toungstown S. and T. . Standard Oils Anglo American Oil .. Atlantic Labos Crescent Pip Lin .... Eureka Pipe Line .... Galena Signal Oil Imperial Oil, Canada Illinois Pipe Line .... Indiana Pip Line .... Nat. Trans. Ohio Oil Prairie Oil and Oaa ... Prairie Pipe Line .... Southern Pipe Line .. Standard Oil of Ind . . Stand. Oil of Kansas . Stand. Oil of Ken., new Stand. Oil of N. Y Vacuum Oil Independent' Oils. Alcan Oil . . Atlantlo Oulf Oil Arkansas ,snt. una ... Hoone Oil Boston Wyoming Carlb Syndicate ...... Carlb Trading i Cities Service pr. Creole Syndicate Equity Pet. pr. Federal Oil .... Gllllland Oil Glen rock Oil Grenada Oil Gulf Oil w. 1 Hudson Oil International Pet. .... Keystone Ranger .... Livingston Pet Lyons Petroleum Magnolia Petroleum . . Mammoth Oil Maracaibo Oil Marland, Oil of Mai. .. Merrltt Oil Mexico OH Midwest Texas Oil . . Mountain Producers .. Mutual Oil New England Fuel .... New York Oil ........ Noble Oil Omar Oil i Pannok-OII Red Hanks Oil Salt Creek, Salt Creek Cons. .... Sapulpa Ref Seabpard Oil and Oaa . . Shells Union Oil w. 1. Slmms Petroleum Souther Pet. and Ref. South Btatos OH Texon Oil and Land ., Turmaji Oil , .. , Wilcox Oil Mining. Alaska-Rr. Col. Metals AlvlTVado Mining . ... Amer. Exploration . . . . Am. Com. M. and M. . T.elcher Ext Pilar Ledge Boston and Mont. Dev. Boston and, Mont. Col. Candelarla Mining . ., Canarfn Consolidated Cop. Mia. .. 8 Cons. Nevada-Utah .00 Cork province Cortes Silver 1 Cresson Oold 2 A Dean Cons 70 Divine Extension II Dryden Oold Kl Salvador 17 . . 211 .. 5 .. 24 .. 6 .; 69 .. i .. .. 2 .. . .. 11 .. 0 .. 10 19 .. 6 ..108 .. 43 ..100 . . 80 ..118 ..174 ,.10 .. 27 ..297 . (80 ..809 ..102 ..11 81 108 662 635 1B T 9 96 ....... 4 ....!.. S (9 ::::::: "1 4 .18 23 .:::::: in 84 .260 . 41 . 18 . 4 : !ft . .81 . 17 . 11 , . 16 . .81 :: it ,.. 14 . 19 . 10 . 3 . t . 11 .... 11 Sales 1000 1000 7(00 6600 17000 2000 1000 1000 1000 400 1000 100 200 7000 800 2000 4000 1000 2000 1700 4000 8000 11000 1000 2700 600 2000 2400 1000 1000 1000 1000 300 7000 1000 9000 1200 700 2000 4000 2100 1000 6000 800 1700 100 1700 2000 1000 1900 .14 1614 .34 1 0 .11 2 4 .06 .08 ,08 ,08 . .78 .86 t i Close. Ely Cons -.04 Emmd Sliver Mines ..... .08 Eureka Croesus 25 Fortuna 20 Goldfield Deep 11 Oold Development .00 Goldfield, Ore 01 Oreen Monster .10 Hard Shell Mining .05 Hecla Mining 8 Henrietta Sliver 61 Holllnger Gold 'Mines .. 11 Howe Sound Co. 2 ft .26 .02 t .61 .16 .19 .34 4 .06 .19 : ft .7( .18 2 M M .40 ,0 .10 98 .102 ..110 ,. . 9 ...101 ... 95 ... 95 91 Raw Sugar Steady and Prices Unchanged; No Sales Reported Independence L. Mines . .87 Jerome Verde Dlv 2 Knox Divide 04 Lone Star 0 McN'amara Mlp. and Mill .09 McNamara Creacent 07 Mason Valley Morlngton National Tin Nevada SJlver Horn New Dominion New York Porcuoln NinlastnsT ( Ohio Copper 38 Ray Heroines Mines ,. Rex Consolidated Rochester Stiver Sliver Mines Am Simon Sliver' South Am. P. and O. .. Spearhead Standard Silver-Lead . Success Mining Tech Hughes Tonopah lielmont .... Tonopah Cash Boy .... Tonopah Divide Tonopah Extension ... Tuolumne Copper .... U. S. Continental Mines Unity Oold United Eastern United Zlno ; West End Cons Whits Caps Mining ,. Whits Knob Copper pr, Yukon Gold v Bonds. Sale (tn 11,000). Aluminum 7s, 1938 Amer. Cotton Oil S .... Amer. Light and Trac es .wu , Amer. Tel. and, Tel. 6s, 1924 10 Anaconda Copper 7s, 1829.. 100 Anglo American Oil 7s .108 Armour and Co. 7s 104 Atl. Gulf and W. I. 6s .... 61 Bethlehem Steel Ts, 1911 .104 Bethlehem Steal 7. 1935 Canadian Nat. Ry. eq. 7a Canadian Nat Ry. (a Canadian Pacific (s . . Charcoal Iron 8s Cities Service 7s, '"C" Cities Service 7s "D" Coi. Graphophon 8s ctf.. 25 Con. Gas Halt, es liu Consolidated Textile 8s .... 98 Cop. Exp. Assn. in, 1816 .103 Deore and Co. 7 102 Detroit City Oas 6s 100 Federal L. Bk. 4s w. L .100 General Asphalt (a 100 Orand Trunk .104 Oulf Oil 7s 103 Hock Valley 6s 100 Interhoro R. T. (s. 122 .... 8 Interboro R. T. Is. otf. 93 New York, Nov. 21. The raw sugar market was steady and prices were unchanged at 8 cents for Cubas cost and freight, equal to 6.65 for centrifugal, There were no sales re ported. The market for raw sugar futures was a little more active. After advancing 2 to 6 points on Wall street and trade buying prices reacted slightly under realizing. The close was unchanged to 4 points net higher. Closing: December, 3.86; March, 1.41; May, 1.64; July. 3.66. There were no changes In refined sugar prices which are listed at 6.90 to 7.00 for ' fine granulated. The de mand was lesa active. Refined fu tures nominal. BALTIMORE ORAIX AM) HAY. (Bf Leeied Win la Diu Mm.) (Onprrilhl. ltm, br rhllaatlghla rublia Udter.l Baltimore, Nov. 21. Wheat: No. 1 red winter spot, no quotations; No. 2 red winter spot 1.81; No. 2 red win ter garlicky 1.29; No. 8, 1.28; No. 3 red winter garlicky 1.22; novemoer i.zva; uecemDer. no bid Corn: Cob corn new 8.60 barrel; ooniraot spot su ousnei; No. z, 62 No. 4 no Quotations: track corn vel. low No, J, old or better, 88 and 90 ousnei, asaea, Oats: White No. 2, 66 bushel asked: No, 8. (4 and 64H. asked Hay: Received 66 tons; market for oetier gratia timotny in ralr demand at 18.00 20.00 ton and for good mixed 16.00 17.50. Loss dosen, pound. 10 188 S 24 1 Kennecott Copper 7 bVLacied uas 7s ...... 6 Manitoba 7s 16 Morris and Co. 7s 2 National Acme 7s . V National C. and St. ts National Leather 8s 47 106 279 28 40 SO 140 10 14 (1 Ksnsas Gas and Elec. (s .. 96 Kansas City P. and, L. 6s . 90 . .101 ..101 .. 8 ..106 .. .106 .101 N. Y. Phil. El. 6s Phillips Pet. 7s, w. w. Puh. Srv. Cp. of N. J. Ts Robert Oalr 7s Scars Doebuck 7s, 1928 ,. Shawsheen 7 Sheffield Farms 6Hs ... Southwest B. Telephone 7s. 102 1826 ..104' N. H. and H'tford 7s 97 . 1 110 .100 .101 . 97 .101 .104 100 Stand. Oil N. Y. Stand. Oil N. Y. 7s. 1927 Stand. Oil N. Y. 7s. 1931 ..109VJ Stand. Oil N. T. ( 106 Sugar States Orient 7s ... 97 Sun Oil 7s 1014 Swift and Co. 7s, 1931 ....102 Swift and Co. 6s 94 Un. Oil California s 1M Un. Oil Prod, 8s 100 United Rrs. of Hsv. 7 .105 Foreign Bonds. Argentine 7s. 1023 King. Netherlands 6s King. Serbs Crout 8s Mexico Gov,-6s ,,,,,,, Mexico Coy. 6s Mexico Gov. 8s ....... N. Y., N. H. Fr. 7 Russian O'.'jS Russian 6s Swiss 6s U. S. Mexico 4 . 9X . 96, . 71 . (5 :! . 8- . 11 . 11 . 10 . 17 Fanner nnd Beane Cotton Letter, (penal u Dallr Km.) New Orleans. Nov. 21. Cotton moved up and down In a way to give both sides good opportunities and ended the day with a fair sited ad vance. Liverpool came In the strongest for several minims ana tne ginning ng ures were construed as bullish, but somehow the maraet appeared in reactionary mood and values eased off about 2 a bale rrom the opening, Reports of a decided Improvement In spot demand, rumors of large sales and cables from Liverpool telling of large advance sales oy cotton manu facturers upset short later and brought on a covering movement. Indication point to an active trad ing market. The publlo is still so strongly bullish that no decline of consequence appears imeiy. 1-ENNUR AMD BEANE. , BALTIMORE PRODUCE, IBJ Uaael Win to Dallr Mna.) Baltimore, Nov. 21. Eggs: off, native and nearby firsts, (8A60: southern 56. Butter: Creamery fancy, 61: prints 51I&53: nearbv creumerv 431945; ladles, 834; rolls, 81038: tore packed, 31: dairy prints, 823; process butter, 36 4(36. Fenner and Beano's Grain Letter, llnrlal u Dallr Nen.l Chicago. Nov. 21 The imariril movement 01 values in tne grain markets appeared to have reached a point where mora energetic onDosl- tton was encountered and it waa the consensus or opinion that the mar ket had been overbought, and conse quently ware In a weaker technical position. aome operator In the wheat mar ket expressed the opinion this morn- inU thltt VMlsHBB', rfunll-. .... nothing more than a natural reaction follnuTn tV.. "ho and that ou any further setback re. nivul linnln- u.m.1.. L. . , , Thla theory proved only partially ,,v,nQ,i, hp aiiur an early decline of about half cent and a rally to nnlv allot..!., .u- . ....... close the market again weakened and uiu un iduui a cent. in corn market was again easy Under 1 Olllriutlnn nnA lh. ,.,...,.. of values was influenced a greitt deal by tile action of wheat. The movement waa fair and the weetern cash demand, while good In some sec tions, was less active In others, and , " ' a. uinpiiamim to look for an hn,..u U ,K. . a Cara were ralhar mnr n i ... i v-v- .ii tower witn tne other ","!" "o ryo Drone quite sharply and waa evidently In an overbniinht condition and lacked new buying power. FENNKR AND BEANIi. Liverpool Cotton, Uaamnfll v., ai . , j ...... v.. v,vii,,i, HII .Jl?. Ilsn1'nd! prloes easier; good oi ua ui, M.o; muy middling, 14.90 middling, 14.60; low middling, 14.50 good ordinary, 18.90; ordinary, 18.60 Sales. R ood hiU. i-i..j,' , .... - "J" iiiuiuuiiiif a,m American. Receipts, 86,000 bales in eluding 16,400 American. Future! cloaed steady. November, 14.86; De oember, 14.17; January, lj.05; March it-mi; may, u.o; July, 13.4,; H,,D. tember, 12.93. v Metal Market, New York, Nov. 21. Copper steady lectrolytlo pot and futures 18 Ji'.T'l '' mot nl futures 86.60 aAAIro "!y: No- 1 northern 2 .01 30.00; No. I northern 28.00 & 39.00 No. 2 southern 8.002S.O0. Leai steady; spot 7.0097.26. Zinc quiet fr i mv"1 "a nearby a 'Ivorr t.l6tJ1.85. Antimony, spot 6. V Siiu. 60 Hew York Money. ew lorn, Nov. 21 call money firmer! high, 6i low, 4; ruling rata, 4; closing bid, 6; offered at 4 last loan, (; call loans against acoeptancea, 4; time loans firm; mixed collateral, 60-90 days, 6; 4-t month, i; prim commercial paper, Bottlers Well Pleased Over Great Increase In Business Agriculture Cannot He Made to Pay Under Past Condition, Englishman Says PL TURK FOR DAIRYMEN CHAS. J. BLAKE v Ueoaral luaruct ' FIRE, AUTOMOBILE, T.IKE, ACCIDENT, HEALTH, LIABILITY, JiONDH AND TORNADO . 1 . 108 Vfit Sycamore HI. Trlrohon 002 Ovtlfot Hot. Stlrttff. London, Nov. S. "Agriculture cun- net be made to pay tiny longer In England on the lines foHowed in the pant under present condition a," nald Sir Arthur Poncawen tn the lant speech ho made as minister of ag riculture. While he waa talking to the member of the Farmers' union about the hard times that were Inev itably in store for the majority of tfeem, Premier Lloyd George handed In his resignation to the king and Sir Arthur automatically became an ex-minfater. His speech, as he admitted him self, contained only 'Void comfort for those who had to get their liv ings from the land." Borne farmers, he prophesied, would go under, and there would be acute distress in the country districts before prosperity fou Id return. "There may be A future for the dairy farmers," he said, "and live stock farming generally may be able to pay fairly well In time, but for the arable farmers the corn growers 1 can see only a gloomy putook." Re ferring to the views of one of hlR predecessors In office, he said: "Lord Aiwyn probably was right In think ing that rftuch arable land will be come' grass; that the rural districts will be depopulated, and that there will be great misery among farmers and their laborers." According to his own survey of the state of agriculture, its future seemed to he In large farms tn favorable dis tricts, cultivated as cheaply as possi ble, with patches of Intensively cul tivated land. "What can the government do?" he asked. "There are only two reme dies protection or subsidies." The farmers showed plainly which of the two remedies they preferred by cheering loudly the mention of "rrotectfon," and greeting "subsidies" with vociferous cries of dissent. But Sir Arthur would not allow the poor farmers to comfort themselves with any fs1fe hopes "It would be dishonest to suggest," he declared, "that at the present time either remedy Is practical. The ag ricultural interests tiave a compara tively small representation In the house of commons, which Is perma nently urban In character. The gov ernment may adopt some palliatives, but will Insist thnt agriculture must work out Its own salvation on an eco B'jmtc basis." RUCKER & COMPANY Cotton Merchants GhatENSBORO, NORTH CAROLINA ' , -, - MEMBERS New York Cotton Exchange New Orleans Cotton Exchange -J PILOT MOUNTAIN NEWS. Charlotte, Nov. tl. North Caro lina bottlers returning- from the fourth annual convention of the American Bottlers of Carbonated Beverage just Adjourned In Atlan ta, Oa., report that statements made at the sessions Indicated the soft drink manufacturing Industry has experienced a great Increase In bus iness during the Ipast year. Tha delegation Trom this state was said to have been the largest at the convention. The party was headed by F. 1 Johnson, secretary of tha stat association, who reside at Slateavllle. T. I.. Harris Died Xuddenly at Ills Home l.nst Friday ltlarht. (fcp.rlil to Dally Ntai rilot Mountain. Nov. 21. T. L. Har ris who. has been critically 111 (or soma time, died suddenly last Friday nlKht of complication of diseases, at his residence. Mr. Harris wai about (3 years of aire, was married three times. Nine children and his wife survive him, two by the first union and seven by th Jast one. The fune ral was conducted from the Metho dist church at i o'clocjt Sunday by Rov. J. H. Capps, pastor of the Metho dist church and Hev, Mr. Andrews, pastor of the Friends church, of which Mr. Harris waa a member. Mr. Harris was widely known, hav ing been connected with the Weaver Piano company for a number of yearn. A large concourse of friendH and relatives attended the funeral and burial which was in the hands of tha Mason. interment was made In Mountain View cemetery. Hev. J. H. Capps spent laxt wk In Raleigh attending the Methodist conference In session there. Mrs. R.- B. Harrell who has been the guest of her brother and sisier-In-law, Pr. and Mrs. R. A. Frye, fur two or three weeks returned to her home at Klkln Bunday. W. K. Nixon, a farmer living about four miles south of hore, died Hunday at the Martin Memorial hospital of blood poison, . Howard Denny, on of Charles Den ny. 'living near here was quietly mar ried a few days ago to Mlsa N'lna Vnnable, daughter of D. D. Venable, who live east of here. The hard surface road which Is be ing built through thla place by Mr. Well and Mr. Felix la compute to th bullae part of town. WINSTON-SALEM SOUTHBOUND In connection with the ATLANTIC COAST LINE 'Yd 'TtCi'u announces Inaoarnrntloa of TKRoi;il I'll, I.M CAR HK.HVK'E nRTWKKN WlWaTOY-gAtEK ANU JAI KSONVII.LK, FLA, K.KKKC Tl V E NOYKMUfcll Dth .. . ( Leave Wlnston-tnlrtn 11.15 p. as. I Leave Lexington. N. ('., 2iIT n. sa.l Arrive Charleston, . C'., 1120 n. m.l Arrive Kavanaak, Ua. 8lt5 a. as, I V Arrive Jacksonville), Kl.. NtOO n, an. 1 WIWTKR TO!' HIST FARES TO ALL FLORIDA POINTS. CALL ON TICKET At.K.Vm FOR FM.L INFORMATION 8. VS. FORT, City Ticket Agent, H. I. COLLIER, TrnHle Manager Wlnatoa-Salru, N. C. 1 1 in 'si snSUnttlpinl FORD OWNERS- Attention! "Built like a Magneto' Make Your Ford Run Smoother and run lonffer at lower coat hv ualntr real lonltlnnl' Go to any one o( ths dcalera listed below and aak them to f liow you a Spad Timer ,thc simplest tureat timer ever built. f.ir vr.r..lf .l... .1. . C I 1- 1 . .U.. I- I- a . j 7"...ov,l , 1 1 UJ.MU IB UCTl Wily 11 IB I1CC IIUIII M.CLgnetO oil and grease which insujate the contact points and rob you uf power, ped and smooth running motor. VobWy camahafti dont bother Srsd Put one on today and leg what your Ford on really dol " SOLD BY Yoor local dealer or mar be obtained from the following drnlrrsi "Built a OIIFFNNIIOHO, N. C, White Oak.ltrpt. More While Onk Sloir o. U White Oak t.aragr Revolution Ntore Co. Proximity Mercantile Co. JA Max Rawlina 'iTlnnhtle Motor nnd Machine Co. H. Inarana brernabnro Motor Co. A. Andrews H. F. U. No. 4 Hlrkntnn and Cobb HII.H POINT, N. C, Cnt Hate Motor Co. gonthem Motoy Co. II. at M. Motor Co. Midway Motor Co. Jamestown, N. C. Huff's Cinrnge Kernernville, N. C. I.lkln Motor Co. Mebnnr, N. C. Ideal Motor Co. Winatnn-Nnlena, V. C. Huffman Hron. ftamge Wlnston-Nalem, .. C. Wakefield Motor Co. Guilford College Station n. C. Klmar Brown Nnmmlt, N, C The Hughes Garag Graham, N. C Midway Auto Kxrhang Hurllngton, N. t. The Troy Machine Cs Burlington. N. C, Heat's Garage Haw River, N. C. Mr, i. M. Conklin llllwboro, N. I. , White's Garage Hun lee, N. V. FOR FORDS ana Manu jrm.yvmiv 1 aisn i n iiii Ci Ulltm ttoi idii fin in ffri4 axnxaaibgl ' 1
Greensboro Daily News (Greensboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 22, 1922, edition 1
15
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