Newspapers / Greensboro Daily News (Greensboro, … / Dec. 23, 1922, edition 1 / Page 11
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t I GREENSBORO DAILY NEWS. SATURDAY. 'DECEMBER . 23, 1922 tr BY GEORGE MMUNUSj j Holiday Spirit Does Not Keep ; Stocks From Showing Big Gain BRINGING UP FATHER e"e 'i:mt irioiA NOV, THEtsEARE. THAT'S "WHEHK Ht MOTHER- IF" HE FOONO OUT THACT ANV OF Hl? WIVE"J HrD 'OlO HE. ALL or THEN:t THE OLD RUIN OF PirCE? KINO COGOCO- IN-LAW 4. WED MRPAEO H1N FO Wb Usual Amount of Prf it-Taking For the Season of Year Felt But There Is Enough Genuine Support to Absorb ' All Shares Thrown On the Market. HE HD THOOtjANtJ MONEY - HE WOOLO KILL THEM YlVETs R i. h 7 Lsuef Win to tlillr Km,) . -icarne. m, rauaefirai rust's LHnr.t -New Yurk, Deo. - 28, Pre-hbllday "plrlt wi nut allowed to exert undut : Influence upon the. stock mrkti to day, and fur the flrat time In aoora or ao of year tha trend on Clrrllt maa v waa definitely upward. Jher wa tha usual amount ot profit tak ing for tha purpoaa ( onvrtIng ' paper profits Into oaah, but profss alonala ware wary ot the ahort aloe and there waa mora than enough genuine eupport to .abaorb offering. Baldwin, Continental Can and Btude baker aaaumed tha leaderahlp ot the lnduatrlala, and tha ready eupport ao corded these Issues attested the un derlying strength of tha market aa a . whole.. Ralla, with the exception of Delaware, and Hudaon, which has not aa yet fully discounted Ita excep tionally poor ahowlng for tha flrat ten montha ot the year, were firm and It waa swung into line with the Induetrial group. Royal Dutch waa supported for a combination of bull tt leh reasons, not the least ot which waa the reiteration of official prom . laea In Holland that the expert tax on olla from the Dutch Eaat Indlea would be repealed. General Aaphalt, California and 'Pan-American divided Intereet with Joyal. ' Dutch. Gyra . tlona of Mexican Petroleum attracted little Intereet and leaa consideration. There la a difference of opinion aa to the exact status ot Mexican Pe troleum; but the average trader haa , no peraonal interest In the Isauft, and carea little which aide la right. 1 Tha manner In which market V leader responded to buying; tndloated -Ahat atooka generally are haaing up fiat January. Traditionally a good month for the atock market becauae of tha funda available for reinvest . ment aa a result of dividend dis bursements, the coming month ap ' pear to hold unaual promise. Prac tically all of the aaaaenal and ab normal demands upon the money mar ket have been met and satisfied, and . money should be much easier after th turn of the year. Keen students of the atock market are convinced -that the yield baels of the gilt-edge railroad and Industrial stocks will decline- under the weight of the ex pected purchasing pdwer, and effort to complete accumulations are clearly discernible. Outside market, especially foreign exchange, showed more Inclination - to surrender to the holiday feeling, but thla was undoubtedly due to the stagnant exchange markete abroad. Cotton followed tha lead of ataoka and marked pride up some ID point or so. vomroRf "wall, itiueet gossip ( Ueas Wlr. ts Italb Nik! (Cnqrrlfht. I mi. kf rol'4ilihhi rebus Udnrl New Tork, Deo. 21. Tobacco Prod uota common crossed 67 Into new high ground today. Follower ot thla Issue are very optlmlstlo on .the to bacco Induatry aa a whole,' and upon thl oompany In particular, and an appreciable Increase In aalea I looked tor over lilt. There haa bean a well grounded belief that director are planning to retire the 11,000,009 pre ferred some time In the early part of the year, probably before June. Such action would establish th common stock In a. strong position.,, IB many way in poaltlon of Tosaooo Prod Vela common I much -the am as that ot Reynolda common,- and th possible retirement ot the preferred in each case is equally logical. Consolidated Qaa waa decidedly firm today with much of th baying said to come from Interest closely Identified with the oompany. Market gossip concerning th safe ty ot the Delaware and Hudaon divi dend brought further demonstration of weakneaa In this issue. This talk, ot course, la based on th poor show ing made by this road during the first 10 months' f the year, during which period net amounted to but 1754.07, as compared with t,407, 874 during the correepondlng period In 1!1. Dlreotor meet nest for dividend action on January 24. , Now that th California Petroleum? Pan-American merger rumor have been set at rest, tret gossip ac count' for th atrengthVtp the former Issua with a report that buying haa been coming from th Paclfio coast. This would naturally Indicate that Interact identified with Union Oil et California, war buying into Callfor nia Petroleum. . Royal Dutch was consistently strong today, and tha 111 effeot ofth reduction It the interim dividend which wa Announced recently were cancelled by the bullish sentiment which resulted from the receipt of private cables from Holland reporting that Dutch government off total were determined to repeal the export du tlea on th oil produoed In th Dutch aiaat inane, naiurajiy, iugn reuuu tlon would affect Royal Dutch eara Inge from their Cut Indian proper . tlea materially. Today stock market upset one ot th pet tradition ot Wall atreet, In' aemuch aa tha oonetruotlve - element took and maintained control during tha entire session. For the . last. 15 year or so, or long; enough to ei tabllah ft market precedent,- Christ' mas eve ha been listed among the natural bear day. Today, while the ual pre-hollday elrlt wa' In vl CHAS. J. BLAKE General 1 asanas - FIRE, AUTOMOBILE, LIFH, ACCIDENT. HEALTH, LIABILITT, . v BONDS AND TORNADO , 1M West ycassor St. Telepaea 01 Oallferd Hotel Bldg. For Sale At Prices That Will E. F.Craven "The Read Machlaar Maa IS S. Eagea It. dence, th market sPresented firm front, there wa little untoward sell-'In-, and auoh nervousness a waa In evldenoe waa shown by beara who re fuaed to chance the possibilities of the coming) three-day holiday. , Rumors regarding Pond Creek Coal have been effectually quieted by the offlotal statement ot President Davlea, ot the oompany. In order that stock holdera of Pond Creek may be In formed aa to what is actually hap pening, Mr. Davleavannounces that hla oompany has -been negotiating with repreeentatlve . of Henry Ford for th aale of 'the company's coal land, mining planta and equipment which are located fn Pike coilntyKentucky. It Is believed that a final djectslon will be arrived at before the turn of the year. Pressed Steel Car is again looking up and followers of the las tie expect that dividends on the common nay .be resumed early In the coming year. At the present time the company la earning at a substantial rata, and It la believed that the company would ba able to go back on th IS d!vl dend basis which waa discontinued in July 1921, Early last- year the com pany approved a recapitalisation plan calling for an irrcreaae In common stock from 112,604,000 to 160,000,000. Part ot the new stack was to be used for the retirement ot the preferred, and part for tha purpose of. paying a M per cent atock dividend on all (he common which would be outstanding after the preferred had been called In. Wall atreet le looking for action on the dividend which would make the execution of thla plan possible. MONITOR. C. . EVANS' CHICAGO LETTER, ItT Utmt Wb to ballr Km.) -(Oenrrlslit, Una, br relltoiliilua MtUe Udcw l Chicago, Deo. JJ. Wje are about to pursue pleasure In 1923. She Is a lively vixen, especially in her form of commodity and security prloes, men are rojigh on the edges but still evanescent. The year 1923 de serves all the pink ribbons that are now Deing tied around her so far as American business Is concerned. Europe Is another story. We do not appreciate It In our ordinary thlnklrtg,. but the fact Is that a new man Is now In the pro cess of creatlom Formerly It was the priests that made the spiritual man. Now It Is th scientists and sociologists. Just teU us a thou sand years from now It that is not th fact. But In our currant buifnes affairs enough changes are going on to Im press on wits progress and from time to time regress. This year we have gone far In repairing the dam age done during the war and In th economlo excesses following the war. Th almost universal opinion 1 that the forward movement of 121. Is to be continued In next year'a edition ot time. All who ..observe the atock market closely note today the extremely ex ceptional thing of activity and strength on the eve of Christmas. A flood ' of favorable opinions Is now flowing out from the center ot financial operation, , such a th banks, but this 1 not altogether the best source because a bank presi dent la a sort of sentinel In the bus iness community, and Ms prime ob ject i to preserve quiet, to keep people from being alarmed from any cause and maintain the -present status. These all know as well as anybody can know that trade next year will be active, less profitable Indeed than th war and. post-war gerlods, but constructive. T opinion of the Investor and speculator In (took, whoa eyes ar fixed on one specialty of trade, la as a rule preferable, especially with re spect to th Immediate future. Nev ertheless In this part of the world on is pretty safe In accepting the testimony of all sorts.' of people, which Is well supported by reoent prices ot farm product. Evan that fickle maiden wheat bear a smile on her face, whilst surveying the whole world and seeing liberal crspa coming from competing countries. The mall order houses are rounding out a reasonably satisfactory year with an active month. It la day and night work with the employee of these concerns. As to other interests much ha been said to show that they are working Into a splendid position, and tt ta only a question ot the term of their prosperity. , The purchase by the Ford Motor company ot a large tract oi tana fronting on the river and th Nickel Plate road In South Chicago and their plan to erect Immediately the first unit, costing 11.600,000. of a plant for manufacture and assembly, is an event ot special interest from the faot that until recently this city has been almost a cipher In the production, of automobiles, . - In that Industry w have been a sad contrast to the samller city of Do trolt and indeed to several others until the Tellow Cab Manufacturing oompany got Into full operation and the wonderful success of that com- nanr has been a partial redemption In our character in one of the most Striking developments ot modern Interest You Oa lH-a ' KeHy 1 riasTM w t at driver meter track. (Tbls track has lit loading spec from baek f driver's seat to ad of efcasais.) Oae g-ea .Kelly, gptingleld w r ss drive motor ' traok, with three-yard steel damp body aad Weed'e hydraall hoist. N . Having; dleeeatlaaed handlist th Kelly prlngneld track I am offering the above track at aacrlge price. The Kelly lias I handled her mm tall repair ervle I available. Came t see ae. OreeaebereC U, ft times. The stock of that concern oelebrated today the advent of Ford by making one of Its extraordinary Jumpe and the bystandara feel surs It will do some more jumping. The company doee the bulk of its manu facturing In thl city and th admin- Hetratlon of it affair makes old fashioned folks open their eyes very wide. Ford will have uncommonly good transportation facilities, a good har bor at SoutH Chicago, the lake, . an unusual cluster of railroad termin als close and later on undoubtedly water transportation toward the south and west. W find In both these enterprises a part of the westward migration ot those Industries In which steel, is the major material, and 4 tbe "Pitts burgh base',' Incubus is lifted, there will be a further and rapid, move ment. This characteristic Ford perform ance la a great boon to th Calumet district, whsre so many fortunes have been aunk in th mud. It was entirely natural for Investors to think years ago that that region, then out side the city limits, would some time be another Chicago, especially as the Calumet river was a much better candidate for development Into a big harbor than was ths old Chicago river, but cities take time to make themselves and this process 1 low in developing itrelf. ' Meanwhile prices of land there sank and aank. Only In the case of a few favored localities did they Indulge in advances. But the bird proflt is now alighting on some of those rich areas and acarlng away the pollywogs. TMs location la only about 18 miles Jrom the court house, but has been aort of foreign country, to many people, and the foreign newa in thla Instance Is very welcom. C. B. EVANS. Bradarreet'a Review. New York. Dec. 22. Braastreei s tomorrow will say: Year-end retail trade. Including holiday dletrlbutlon, betUr htan in 1921 or in mu, mil wcat. ... ... elnce 10; the largest volume ui December mall order business on rec ord! really good re-order buylng from Jobbers to fill depleted retail stocks of holiday noveltlea or oi heavy wearing apparel; more than normal aeasonal purchas ng for spring delivery; sn unusually active ir.auainai anu mnui'""; ---- il.. with nnemnlnvment In tna Cities ariarently further reduoed; collec ts ne a enaae Doner na ward surge In Car. loading due to expanaion In shipments of merchan dise and ooal, the former owing to the holiday rush, ths latter to odder weather, are prominent features in tr.. iiAanatrhee thla week. Over and above all other featurea and ee- peclally beoause oi its enarp oouirj.i with recently preoedlng year at thie date. Is th air of optlmjUm noted in the reports from varlou divisions of traa ana inuustry as reeuue past ysar ar consiaereo ana me out look for the new rear M .! Weekly bank clearings I7.H1,U,000. Chicago CatfJe, Chicago, Dec. 22.7-Cattloi Receipts 46,000beef steer aotlve, largely 16 2So higher; better grades matured steers suitabla tor shipping outlet reflecting moet advance; yearlings scarce; top matured ateers 11,76, weight 1,6t pounds; several loads at 10.00011.60; bulk beef steers 1.000 M6; two load Wyoming grasssrs to killer (.60; better grade butcher she-etock steady to weak; epot lower; other grade and olasss about teady. Hog: Receipts Ht000; opened falrlv active around 10c higher; later trading slow, some bids lttle better than steady; closing active, mostly i cants hla-her hulk 145 to 100-DOUnd average 1.1601.40 early: weighty butcher closing 1.46; pigs mostly l.oo 06.16; bulk packing .sow 7.60 to fin- hnlriover 0(1(1 Sheep: Reoelpts 1.000; cholee fat wooled lambs 16 to 6o highsr; other grades around steady; top 16.40 to snippers; lt.io to packers; duik j ( 016.16: freeh clipped lambs 11760 12.90: mostly steady: three cars Colo rado lambs 14.76. with 126 heavies out at 11.60) feeders quiet; sheep fully steady; heavy fat ewe 6.6000.00; lighter weight up to 7.60. Correal Oil. New York, Deo. 12. Cottonseed oil made new highs through covering by belated shorts In December and commission house buying on the firmness displayed In kindred mar. kets and In crude. Closing bids were. 16 to 21 points net higher. 8ales, lt.rOO "barrels. Tenders, 1,000 barrels. Prime crude, 6.60 to l.tOi Sales: Prime summer yellow spot, 10.00;. December. 6.t0; March, 10.17; May, 10.46. all Bid. Hit deeds Market. New York, Dec 12. Cotton goods markets were quieter today but very firm. Tarns were nigner ana sola more freely. Wool lnarnet locllly were higher, especially carpet wools. Advancee nave been announced on some lines of velvet and tapestry car pets, running from two cents to five cents a yard. Burlaos were steady. Silks continued in light" demand with me marxet steady. , . Ltveraeol Oottaa. Liverpool, Deo. 12 Cotton, spot, Sulet; prices easier; good middling, .01: middling, 14.46: low middling. 14.71; good ordinary, 14.11; ordinary, 18.81; sales, J. 000 -bales, including 1,100 American. Receipts, 13.000 bales. Including 6,200 American. Fu tures closed steady. December. 14.64; January. 14.44; March, 14.29; May, jt.ie; jury, 13.S4! October, 13.11. Charlotte Cotton Market. (IpmUI is Dally Dm) , Charlotts, Deo. 22. Charlotte cot ton market: Receipts 64 bales, price ze cents. Bar Silver. New York, Dec. 22. Foreign bar silver, tiy,; Mexican dollars. 47ft. Gabriel Narutowlcz Buried In Polish Cit? Cathedral Warsaw, Dec. 21. (By Aasoclated Press.) Oabrlel Narutowlcs, presl dent of Poland for two days when ke met death by an assassin' bullet, wa burled today In a crypt in the oathedral. Cardinal Kakowakt off! dated. The services were attended by the new president, the members of the cabinet, the eenate and th diet and a large representation ' of diplomats. As the coffin waa low. ered all the bells of the city, tolled and the presidential sslut of 101 guns was fired. ' ASHEVILLE CLUB TO BE MUCH IMPROVED Director of Country Club Author is Thoroughly Modern Swim ming Pool. T . to Oallr Meat Ashevllle, Deo. 22. Work on a mod ern swimming pool, (0 by 100 feet, hto be constructed at a cost of around 180.000. was authorised by the. stock holders of the Ashevllle Country olub. at a call meeting Wednesday after noon. Haywood Parker, president of the' board of directors, presided at the aeeaion, which wa In (very way a aucoessful meeting. It Is expected ' that work will be started at an early date and th board of directors were authorised by the stockholders to borrow any neoessary funda to carry out the project. The swimming pool, which will be modern In every detail, will be lo cated north of the clubhouse, and will be close enough for the lockers to be convenient for member and gueets. With the construction of a swim ming pool, the Ashvllle Country club will have one of the moat modern clubs tn the south, wtth th golf course recognized as Ideal tn every detail, tire tennis courts fast and the new project completing the details necessary to make the club standard In the list ot those throughout the country. Arthur F. Wenlge Is making an ex cellent record as manager of ths country club, and It Is planned to stage a number of interesting event during the winter months, as well as in the approaching aprlng. MARION SOCIAL NOTES. Bosk Clan Katertalaed Wedaeeday by Mrs. C. W. MeOall. (Special te Dtlly Ken) Marion, Dec It J. H. Lackey, of Emporia, Va Is visiting relatives here. Mrs. W. F. HolllngsWorth.' of Btatesvllle. Is visiting Mrs. R. F. Bur ton. Mrs. H. P. Morrow, of Albemarle, Is visiting her parents, Mr. and. Mrs. G. A. Banner. Mrs. C. S. Gibson and on, of Cope, S. C, are Visiting the former's par ents, Mr. and Mrs. W. M. Ooodson. Mr and Mrs. Heavy win ieav Fri day for Philadelphia, Pa., to spend the Christmas holidsys with rsla tives. ' Mrs. C. M. McCall, of Baltimore, ana Mre. A. C. McCall, of Ashevllle. spent Wednesday with Mrs. Edgar McCall .Miss Elisabeth Barrett leaves Fri day xo spendj the holidays with hsr parents,- Dr. and wrs. w, r, Barren, of Greenwood, 8. C. t ' n a Wnaenheek. of KnoxvlUo. Tenn., returned home lsst Saturday after visiting Mr. and Mrs. Garfield nuiniii for two months. Misses Sara Margaret Neal, Alio no Cross and Carolyn Yancey, students of Converse college, have arrived home for the holidays. Misses Ellsabetn oukey ana stow ens Neal. students of St. Mary' ool l.r.. Ra le ah. arnvsa sionuay to apend the nonoays wim mir . ... Mrs. C. W. McCall entertained with a beautifully appointed dinner party the members ot the Book club and invited Quests on Wednesday ot the past wsek with Mrs. A. C. McCall. one of Ashevllle's most recent brides, as guest of honor. The houe waa at tractively arranged with ferna and blooming plants, the lower floor be lng thrown together. Covers were laid for 1$, white and green being mma aa color scheme. Mrs. G. a. McCall and Mis Lois Ollky ran dered a most delightful progrsm during th dinner. Asheville Men to Be Named In Suits Brought By Road (swrlil te Dlllr ! Si.hevtu. Dee. 21. Several proml fi.n huslneas men of Ashevllle and Weaverville will be named In '"Hs to bs brought by J. G. Merrlmon. at torney for J. S. Coleman, receiver for the Aehevllle and East- Tennessee railroad, to collect alleged unpaid deficit eubsferlptlon. road about 12 montha ago to assure continued nn.f-atinn of the railroad for one A total of 15.000 was pledged by business men and residents along ths ...... rta Mr. Coleman, and of this amount approximately II.00J ha been unpaid. Mr. Coleman stated yesterday that he has been authorised by the Judge of Superior court to oring suit w colleot the unpaid pledges, and papers win h. riled after the holidays. The suit will aggregate $2,000. Postal Convention Between the U. S. and Canada Signed Washington, Dec. 12.-Jrhe paptal convention recently negotiated . be tween Canada and the United States waa signed today by President Hard inr and Postmaater Oeneral Work and thus became, officially In force, affective January 1., T. P. Murphy. private secretary to the postmaster general of Canada, who brought the engrossed copies to Washington after they had been signed by Canadian officials, left for Ottawa late today so that successful conclusion ot the negotiations may be announced in Canada Christmas day. Many re ..inrneal and additional mall faclll tlea between Canada and the United States are provided in tbe new cop vention. Hungry Horses As Well As Hungry People to Be Fed Chicago.' Deo. 22. Hungry horaes as well as hungry people ar to be cared for In Chicago this Christmas, Dr. H. J. Strelbert. superintendent of th Anti-Cruelty eoclety, announced today. An "oat line" for horse will be formed tomorrow, he said, and 100 buahela of oat will be given to horses whose owner ar not able to provide them with sufficient feed. PAY CITY TAXES NOW AND ESCAPE PENALTY On Per Cant Will B Added Each Month on Amounts Unpaid After January 1. Residents who have not paid their city taxea for 1622 are being urged to come across. That old sta1 ' not puttln' out" carries mighty little weight with city authorities, and .the tax collectors refuse to be shooed away. Attar January 1 a penalty of one per cent will be added each month on 1222 taxes remaining unpaid. I The tidy little eum of 1266,466.02. ripre sentlng the balance of city property taxes now qutstandlng and due, Is supposed to be collected between now and the first of the year. Taxea outatandlng on December 1. 1621, amounted to 27t,S4l.(7, and during that year the sum of 67,246.66 was . collected In penalties from de linquent taxpayers. ' During 1621 the city collected in property taxea the sum ot 1617.260.22. In 1622 ths In come from property taxes will total 1511,652.06. These figures represent the city's Income from property taxes only. SENATOR SIMMONS TO BE STRONG CONTENDER FOR LEADER OF PARTY (Continued from Page One.) said section,' amounting to 12,000,- V00, which falls due July 6, 1220, but which may be paid at the option of the applicant prior to that time, the remainder of the proceeds, amount ing to $1,600,000, however, to be placed In the treasury of the appli cant available for expendlturea for all proper corporate purposes. 'By selling the bonds at 17 1-1 par cent of par and accrued Interest, ths annual oost to tha applicant will be approximately 6.66 per cent per an num." . O Death Kress Typhoid. Th department of commerce, through the bureau of the census, an nounce that there were over 6,000 death from typhoid fever In 1621 In the registration area, which coro- prlsss 82 per cent of .the tots! popu lation of the United States. The death rat from thl disease was nine per cent 10,000 population In 1621 as compared with T.8 In 1620. Of the 34 states shown for 1621 and 1620, only nine show lower rates In 1621 than 1920, North Carolina be ing Included In this, number. In 1621 Rhods Island hsd the lowest ad- Justed rate. (2.6 per 100,000 popula tion) while South Carolina had tha highest (26.6). ' . In North Carolina, among tha Whites, there were 166 deaths from typhoid In 1621, and 166 deaths among th negroes In that year. In the year previous there were 166 deatha among the whites, and 166 among the negroes. The North Car olina rate Is given as 11.0 In 1121, and 11.6 In 1620. Tha poetofflce department reports the heaviest volume of Chrtstmss mall ever experienced In the his tory of the postal service. From the south such reports have been re ceived from such cities aa Richmond, Nashville and Atlanta. J. R, Connell haa been nominated a postmaster at China Grove, and RusseH A. Strickland as postmaster at Elm City. The ellglblea for postmaster at Monroe ar O. B Caldwell, p. w. Plyner, and Edwin O. Wlnchestsr. A large number took the -examination, but most of them failed In the test. Mrs. Cordla A. Rhodes has been ap pointed postmaster at Radio!, In Wilkes county, and Mrs. Geneva J. Jones at Selioa, tn Transylvania. Mrs. R. F. Palmar, of Wlston-Ba-Ism, was among those reglstsred at th New Wllllard today. D, O. Kel ly, of Llnoolnton, 1 her. Ftehrlac la DtiMla Ajrmla. Dublin, Deo. 12. There wa con siderable street fighting In Dublin tonight. A patrol of national sol. dlers was attacked tn th midst ot Christmas shopping orowds. Ons soldier wa killed and another sol dier and a woman were wounded, The government building war attacked by rlfl fire, which th oocupant rs. turnsd, . Make This Your Bank , There is a friendly, personal interest that pervades this institution which will make you feel at home from the first visit. We want your business and we know that the only way to get and hold it is to give you real service. Come in and get acquainted with us and our service. Join Our Christmas Savings Club Our new club for 1923 opened today. We have just mailed out more than fifty thousand dollars to last year Christmas Club members. Did you receive a check? If not, join now for next year. No fees, no penalties. ' Come in and get full information. Really a Friendly Institution Cepytistit. IW1. by letl .FattuM Sunk, lee. MAY DEVELOP LARGE ASHEVILLE PROPERTY Devendorf Expect to Begin Soon Work on Realty Near Battery rark Motel. (tperisl 1 Pallr Nffl) ' Ashevllle, Dec. 21. The Buchanan property, comprising 100 aarea ot val uable undeveloped property, located within a few b locate of ths business section, suitable for bualnees and res idential development, which haa been purchased by Wilbur Devendorf, lessee of the Battery Park hftel, for 6166,000, may be developed within ths next 60 days, Should the property be developed, the frontage of 1626 feet on Blltmore avenue and the 600 feet frontage on Valley street will probably ba uasd for commercial property and the re mainder for realdsnoe. Mr. Devendorf Is silent on plana for the future of the large tract, which was purchased after a court aale to guarantee the title, but It la known that he purchased the tract ae an In vestment and, should It not be sold, will make immediate plana for de velopments. Streets and Improvement!, result ing In a large expenditure, would fol low development plans, It Is under stood, and the prbpetry may within the next six months be the scene of considerable aotlvlty, aa plans for de velopment woyla proDaniy ne started within the eiext 60 to 80 days. BORAH LIKELY TO PLAY BIG PART IN OUR MOVE IN AFFAIRS OF EUROPE 'Continued from Pare One) badly beclouded picture, en which little light was thrown from any quarter. American officials reiterated their denials of government backing at (he present stage for ths American com mission plan sponsored by commer cial leadera, and of various published statements regarding the direction In which American official opinion waa tending. But there was no clearcut denial that high officials In Washington had discussed th commission propossl earnestly among themselves and with others, and no one attempted to give the Impression that the United States government would be displeased should ths discussion now In prog ress result In an agreement. Neither did any off Ida) com for ward to explain the true character of the mysterious moving behind the scenes of world diplomacy to which allusion has been made repeatedly In official out-glvlngs both In Washing. ton and tn ths capitals of Europs. In all ot their negative comment on the subject, state department author Hies seemed most anxious to deny that the government Itself, despite the close touch It Is maintaining with the situation, was In any way a parity at the pressnt time to the plan for a suafey commission, suggeeted first In this country by officials of the Cham ber of Commerce of the United States. It was said flatly that the Amerl can government, at th present stage of the discussions, ha no connection wun the commission plan, which con templates creation of a body of ex perts to inquire Into the ability of Germany to pay reparations. Further more, one official Indicated that If the commission plan ever came to the point where a proposal for Its ac ceptance could be made through dip lomatic channels, the United States would not be the proper power to make that proposal. It was pointed out that treaty right ar Involved In the reparations difference, and that no formal offer to mediate would be In place from any government except on the solicitation of the governments Involved In the controversy. Big Baylac laaf Chicago, Deo. 21. With Christmas shopping days fast drawing to a close, merchants from virtually ev ery large olty of the oentral weet re port one of th largest holiday buy ing seasons in the history of their establishments, many declaring all former reoorda have been eclipeed. a2i TO OBRVE HOLIDAY Nearly All Public Offices and Business Houses to Cbse For Christmas. OPEN HOUSE AT JAILS Christmas will be generally ob served aa a holiday In Greensboro. Practically all public offices and bus iness establishments will be closed on Monday, December 26. In an effort to keep Christmas, malls mevlhg the postofflce will be open on Mondsy from 6 o'clock a. m., until It o'clock noon. Business will, bs transacted today at the poetof floe with the slme schedule of hours aa have - been observed throughout, this week and on Sunday the regul lar closing hours for that day will prevail.. All administrative offices at city hall, will be closed on Monday and Tuesday, but at police headquarters on the second floor no holiday hours will be observed. While no invlta tlona are Issued, at city jail open house will be th order V the dsy throughout the holidays. All offices at the county courtnouse will be closed on Monday and Tues day. But with respect to the shsr Iff's department It will observe reg ulations similar to thois governing the hours at police headquarters during the holidays, and If deemed necessary guests will be received re gardless of the season in the jail on the top floor ot the courthouse build ing. Register ot, Deeds R. H. Whar ton has warned couple whose ob ject Is matrimony that those wish ing to marry before Christmas must sscure licenses before 6 o'clock this afternoon, when the office will cloee and will open no more untiii Wednes day morning. Express and freight offices will oloss at noon today and will not re, open until Tuesday' morning. The Greensboro nubllo library will not open Its doors on Deoember !. and neither will the chamber ef commerce. All Greensboro bsnks will be closed on Monday end Tuesday In observ ance of the Christmas holidays but will be open tonight from 7 o'alock until o'clock to receive late de posits by merchant. Practically all stores and shops will be closed on Monday In observ anoe of the holiday. Hotels, restau rants and cafes will bs opeh towre calve guests as usual on Christmas day and In many dining places special menus Will be served. All Industrial planta and factories will close. Spe cial aervices will be held In various churohss. Treasury Short Term Notes SeH Well, Says Treasurer Washington. Dec. 22. Total sub scriptions to the recent Issue of treasury notes and certificates of Indebtedneee were 1848.887,700. Sec retary Mellon announced tonight. At the same time, he said, ths treasury had accepted 2780,164,100 of the amount subscribed, the right having been reserved to reject subscriptions above, the requirement of ths treas ury. , . Of the total amount accepted 8468. 188,100 was In the form of subscrip tions to the two and one-half-year treasury notes, and the remainder in certificates of Indebtedness. The certificates were divided Into two issues, one maturing In three months and th bther In one year. . Ualoa Mea'tlet Inereaee. Ran Francisco, Dsc. 22. A special board, named by the Induatrial asso ciation of Ban Francisco to adjust building trades differences, announced today wage Increases In eight unions. The Increased wages are the minimum,-the board ruling that specially skilled workmen should receive1 high sr wages. Neither the'clty nor the state building trades councils would tomment on the award, holding the board waa namsd without tha consent or participation of the unions. reensboro 3ank and Trust SOUTHERN RAILWAY SYSTEM Arrival as4 Dtsartiri Tralst. emnifeere, s. C. Itcstln HHssf yi, 1922 . No. Anitt Let) Km Or Wuh.-No Tork ... H-e Tors. . . (Atliato-Blnslngbia rata .Wub.-Nw Tort ... New Vert. . . IColunbU-AucusU . tttb. Vs (ChMlolu AlSerlll, . Wua. D. C. AUtete F arTers...AtluU-Nte Orltasa. AlUaU. 04. . WMklufcm tutors IMauol Alnr ML Airy . . . .atafors-Wtlalnsten , Disnllo....lwwalisur Gobkbot. . . W.-Siles-AibnUls , Nte.Or lwsBh.-NfTort ... Atbnlle....sslilb41elsibore .. ButoN MnsI Airy ...... Wua. lAiluu Wuk. N. T.l'b-Nv Orltsai. WeuatBster. iruatUM Ml ABT...Bnrr4 AUula ISIelwee'-Nerfolk s taop J UtOsi T:sri 12:le JO I:4Ul 8:te t:6se :60s 4 :11a T'Jie 6:00a S:4Ii S:1S 6:19 7:JS.I T:t5 f'.llls tS0ll:B6al 11'JOs 11:45: ll:90p ll:lf,ph:S0 le.lOp lt:10 4 05n 4:19 1111 4:15s 166 S:05p 85 T:30p 1:80 6:10 Mop 41 :SOi T:0 1611 T:00p T:16e lajlOrOOpilO.U. Aenst Wuh-Nra Tort .. 10:45p10:55 i::tspll-.9S Atlasl Wtie-Nff Tort ... Ar. Ms. . IiIvmh Omaibere No. U 8:46sUl liMts-ueldtlxm ...."..... I:f0il Wait-8ala jnoiiiiiliuuw 10:10ll51Mdloo 10:20il ItiatUllS U:10pl 4IWIstu.6ilea-N. WlUntbor. dl:4S 169xssMiir 6:60s! 6wiMteB-BtlB -N. Wllbebera T:IOp lTHUIolis-Ooldibon 10:10p ISfsaUllh-Ooldiber T:60p 6Wlnstes-6slB 113lll:40a Tll0:40a 15ld8:lts 41:80 8:16s sl:40 d8:04 8 :00s 111 6:80a 181 6:00a- f:40a 14) Dally Kiwet sundar. (s) Dtllr bourne OrMsoboro snd Wlsetos-ttba so4 dttll. nets! ftioe'ir Deletes Wlaites-Silta as ItortB Wlllmeoro. Tsrsnita rsllato iletploiVsr antes te Wiulac Ke, Now Tort. llcbsumd, Norfolk. Atlsata, slralaf sia, Moblll, Nw Orletas. 8n rrssflsea scseoules pubiblwl u Infenuues as4 art set SurioUuS. I. A. PIAceeX. C. T. ., tntsitere, . . City Tltbot 4lim: 112 In) Mttset stent tiltrtest 1762. NOTICE Or RECEIVER'S iAlE. ' This Is to sdvls the publlo that by and under the authority of th County Superior Court, th under signed will sell at Public auction, to th highest responsible bidder, for cash, ,on the premises In the City Market building on Byoamor St., In th City of Oreensboro, County of Guilford, tat' of North Carolina, all th property, good and merchan dise ot the Co-operative Dairy eh Produot Company at I o'oleck P, M on December 86, 1822. Dated this 1st day of December, 188. "k. K KENNBDv, Receiver. 18-20 : Contrast la Frioea. In 1618 a printed copy of th Dllil was sold for a sum the twentieth oentury qulvlents of which vioul'l ; be forty-five and Ihlrty-sevea oV.- lara respectively, for bound or un bound copies. According to i:i Ml record In 1641, th price had fallen to twenty-three dollars. Thess old manuscripts, of which there are perhaps not more than on hundred fifty extant, are fow worth their weight In gold and mare. Ke- eently a valuation was netted at 16,000. Old manuscripts of jire-prmt-lng dsys, and tha early piintcj copies are ranked among the moxt precluup lltrary treasures of the world. From the bookmaktng atundpclnt the Big Print Red Letter Bible la th. finest of them all. , In tlmea to com It may prove to be a museum plec, ts theee others came to be, but lust now It Is within the resch of all and should have Its niche In every home. Look in another column for the offer this paper Is making. Because of th limited number at the disposal of this paper only three coupons ars re quired to be clipped. Reduced Round Trip Fares i Southern Railway System On sal dillv to WINTER RESORT POINTS Return limit June 16th. 1881. In aulra ticket agent for further la formation. L. A. peacock, c . A. Company
Greensboro Daily News (Greensboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 23, 1922, edition 1
11
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