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COPPER IS IN THE SPOTLIGHT ON THE MARKET Thai ami Oilier Mrlals j Alone Have Resisted Pre election Cautiousness >*. By MAX BUCKINGHAM (Copyright By United Press* New York. Nov. 2?(U.R>?'The I world demand for copper, much I of i', coming from armament mak ers, attracted interest of financial ar hdrilies tonight. Jopper shares?and other met- I als with them -were the only is- i sues ab!e to stand off the pre election nervousness in the mar ket today. Manv metal issues went to highs for the year no longer in gains ranging to more tlian two points. The remainder of the list was lower. Trading was fairly quiet. Developments in the copper sit uation included: 1?^ The price of export copper j rose to 10.48 cents a pound, the j highest since March. 1931. 2?Reports circulated of a sale ! of domestic copper at 10-1-4 cents ! a poUnd with most sales at 10 | cents. There was a tendency to I restrict sales to "good ' customers , indicating possibility of a fur- j ther rise in the domestic price. 3?World production has been ' stepped up to 95 per cent of the j base rate because of the foreign ? demand. 4?October copper sales liliely j established a record. 5?Very little buying has been done ^y utility companies, thus j leaving a tremendous potential i buying demand when the situation for utilities clarifies sufficiently to permit them to make plant and line expansion. Meanwhile, the business picture i continued to make a favorable j showing to support the conten- j ticn that business momentum is j sufficient to offset any other de- I pressa^ts in the market. Steel | production heid fairly steady, the American Iron & Steel Institute aiiuuuiiciug niis w?;& s sctitruiui: at 74. per cent of capacity com- ! pared with 74.3 p?er cent of cap acity in the previous week. Pri- j vate-sources also noted that var ious; railroad programs promised ston. up in heavy steel operations while orders of canning compan ies pave oeen increased sharply. Another favorable factor was anouncement that combined net income of 144 class 1 railroads | totaled S70.1G6 026 in September.! a gain of 22.3 per cent over the i $57,343,263 reported in September ' 1935. For nine months the net in come aggregated $434,864,004 compared with $321,201,769 in the 1935 period .an increase of 25.4 per cent. The "Street" today talked about: International Nickel increasing the dividend payment to 40 cents a share. . . . Some estimates Con tinental Can earnings will be a louna $4 a share for the year. . . Beliefs Mckeepsort Tin Plate xe ill cam $6 a share for the year. . . Estimates of American Telephone i Telegraph 1C23 earnings around ; $9.25 a share. . . . National Dis tillers earnings for the year to be J around $3.25 a share. . . Revision j downward in American Radiator earnings to 75 cents a share for the year. Norfolk Markets Reported by W. C. Mitchell & Co. i Eggs, and Poultry: Eggs, hennery whites .36 ft .37 Eggs, mixed .35 ft .34 Spring-chickens 'col ored __* .18 ft .20 Fowl 'Leghorn) .14 ft.15 Roosters .14 ft .15 Fowl 'colored) .18 ft .20 | Livestock: Veal caives ' best) .03 (ft .09 Fat sheep .03 ft .04 j Native cattle .03 ft .04 Leading Stocks Closing Prices N. Y. Market New York, Nov. 2.?(U.R)? Am Can 125 Am & Foreign Power 67'a Am Locomotive 35% Am Pow & Lt 1174 Am Roller Mill 31% Am Tel & Tel ? -179 Am Tobacco B ?. 100 Anaconda 49% Armour 111 5% Atchison 777's Atl Coast Line 40% Atlantic Refining 31 Auburn Auto 33 Aviation Corp 5 Bait <fe Ohio 22% Bcndix Aviation 29% Eethlehem Steel 72% Borg Warner 83% Briggs Mfg 59% Can Pacific 13% Case J I 158% Ches & Ohio 76% Chrysler _ 128% Colgate P P 17% Coium Gas 19% Com Solvents 16 % Commonwealth & So 4 Cong Nairn' 34% Cons Oil : 13% Cont Can 72% Curtiss Wright 6% DuPont -173% General Electric 49 General Foods 41% General Motors 73 Goodrich 25 Goodyear 26 % Hupp Mot 2% Lit Harvester 93% Int Nickel ? 62% Int Tel & Tel - 12% Xennecott 597s Kroger G & B 24 Lambert 18% Liggett & Myers B 103 Lorillard 22% Montgomery Ward 57% Nash Motors 16% Nat Acme 16% Nat Biscuit 32 Nat Cash Reg A 28 Nat Dairy 25% Nat Distillers to->4 Nat Pow & Lt ?- 12*4 N Y Central ... 45 % North Amer 32% Packard 12% Penn R R 43% Phillips Pet 45% Public Service 47% Radio 10% Radio Keith Orpheum 7% Reynolds Tob B 58 Sears Roebuck 97 Shell Un Oil - 26% Simmons 45% Socony Vacuum 16"% South Pacific 45% South Railway 22% Standard Brands 17% Standard G&E 7% Standard Oil N J 69 Studebaker 14% Texas Corp 46% Texas Gulf Sul 38% Timken Det Axle 22% Timken R Bearing 67% 20th Cent-Fox 32% Union Carb 99% Un Biscuit 31% United Corp 7% Un Gas Imp 16 U S Rubber 36 Va U S Smelt 86% U S Steel 75% Util Pow & Lt A AVa Vanadium 22% Warner Bros 14% West Union 93% West Air Brake 43% Westing El 143 Wool worth 60% Packing House Products Reported by Armour & Co. Fresh Meats and Lard: Rib bellies .17 ? Regular plate 1.2%? Smoked hams <best) .24?? Cured and Salt Meats: Kettle (rend) tierve .14%? Veal calves (large) _ .13 ?. 17 Second grade bacon. .24%? 1 Best strip bacon .27%? Sugar, per 100 lbs. $4.90 I O 0 H b tl B 9 9 9 E M ABE R IS B I ? B B D Q E ? j Do J our Ftnil Pa intingNow! J " Sherwin - Williams | ? i B. P. S. - Valspar ? Paints ? Varnishes B \ Enamels ? ? 41m), Brushes. Turpentine, Step Ladders, Etc. _ I ? Culpepper Hdw. Co. ? H ' , " n I Puimlcxlpr Street and Colonial Avenue I'ii,.M,' Hit ! Campaign of 1936 Ends In Whirlwind Of Confusing Talk (Continued from page one) that body comes up for election. Eleven of these are in the "solid South," traditionally Democratic. Forces that no politician can control?rain, wind, sleet and snow?seemed likely to play an important part in tomorrow's vot .ng. Bad Weather Forecast Bad weather was predicted for most of the nation. Rain and mow, turning rural roads into mud and making a ride to the polls a discouraging matter for .he farm vote, were forecast for most of the midwest and the bor der states. A cold wave marched jut of the northwest and moved nto the farm belt, leaving snow in the Rocky Mountain states, ^ate tomorrow the cold wave, it .vas predicted, will penetrate into .he East. Fair weather was in prospect oniy for California, Flor da and the Carolinas. President Roosevelt campaigned today along the Hudson river? battleground of earlier days when he was a candidate for the New York state legislature instead of for President of the United States. He was anxious to carry his home :ounty of Dutchess and has do nated ?500 to the local campaign fund there?only political contri bution he made this year. Governor Landcn, too, was in nome territory and he told a press jon'erence in the Kansas capitoi :hat Mr. Roosevelt was in favor sf reviving NRA. AAA and "every .hing else." He appeared early it his office today, dug into a pile jf state business and refused tc predict the outcome of tomor row's voting. Friends, however, described lnm as confident and ;aid his attitude was best ex pressed in the language of the prize ring?"We've got 'cm on the .opes." Scattered across the nation, .?oaming through strategic terri ;ory. were many persons, politi cally inf.uential, who exhorted .heir followers either for or against the new deal. Old friend ships and former alliances melted in the heat of the last-minute fight. Deflections cn Both Sides Here in New York, Alfred E. -Smith?once dubbed "the Happy Warrior" by Mr. Roosevelt? handed out from his office in the highest building in the world 10 specific counts in a general in dictment against the new deal. Among them were the charges that Mr. Roosevelt had "stirred up class hatred," made Congress a rubber stamp." created "the greatest reservoir of patronage known to history" and had made 'the fantastic claim that he had brought back prosperity." William Randolph Hearst, who supported Mr. Roosevelt in 1932, said he would risk his reputation as a political prophet" that Gov ernor Landon would be elected. Bainbridge Colby, secretary of state in the Wilson cabinet and now in full revolt against the new deal, cornered the last available radio time in the East and will take to the air at midnight with a plea to voters to drivt Mr. Roose velt out of power. Former Senator James A. Reed uf Missouri marched with the uandon forces because he believes the new deal threatens the tra ditional Democratic doctrine of states' rights. r'/vunfoi.mrr Hi o c o Hpcprflnn> VUUillti 11*3 1/ u v o V, vw.w from the Democratic party were Republicans who were fighting against Governor Landon. Senator Peter Norbeck of South. Dakota and Senator George W. Morris, formerly a Republican but now seeking re-election in Ne braska as an independent, sup ported Mr. Roosevelt. Senator Robert LaFollette, Jr.. went to a microphone in Madison, Wis., to ask all followers of his Progressive party to back the new deal at the polls. Mayor Fiorello La Guardia of New York, who stands in the political arena under a Repub lican label, spoke in behalf of the national Democratic ticket. "Collapse of Old Party Lines" All these deflections led many observers to believe that tomor row's election will be of historic mportance chiefly because it will mark the collapse ox old party lines and the building of two new parties that will be conservative and libera), no matter what names are used to designate them. Frank Knox. Republican vice presidential candidate, took a final thrust at the new deal and pre dicted the nation would vote Re publican tomorrow "as the defense of the plain citizen against autoc racy and dictatorship in govern ment." Vice President John N. Garner, having delivered his one speech of the campaign, awaited the ballot ing, confident that he would be the second highest official of the nation for another- four years. John D. M. Hamilton, Repub lican national chairman, forecast the election of Governor Landon. He predicted the Republicans would win by "an absolute mini mum of 320 electoral votes." He said Governor Landon would carry all states east of the Mississippi and north of the Ohio rivers, i West Virginia and enough others Admiral ADMIRAL HARRY G. HAMLET. Maritime Commissioner repre entative, criticized by ship own ir? and unions because of delay ->f the waterfront investigation in San Francisco. Noisome Open Ditch Menaces ; Health of City ? Continued from Page One) and asks the aid of the authorities in abating the nuisance. Says the report concerning the ditch: "The ground contiguous to it is low and marshy and is used as a depository for all sorts of refuse and rubbish, some of which, if allowed to remain, promotes ! moisture and muck and stench. | The greater incidence of malaria in that section and the frequent complaints of the residents are evidence that this open drain is an offense to health and comfort. "To relieve this situation is of paramount importance and. un less forbidden to do so, I shall try j j with the heip of the authorities to work out some plan by which this menace may be removed at not too great cost." Dr. McMullan recommends that the council give its support to the free lunch kitchenettes about to be opened in the schools, as "un dernourishment is very prolific of sickness and sickness is very costly, not only to the sufferer, but to fhe community. School at tendance has been normal, he says, and the health of the chil dren. in the main, good. Financial New York, Nov. 2.?(U.R)?Dow Jones average: Stocks Open High Low Clc 30 Ind. 177.11 177.74 175.35 17t 20 Rails 58.35 58.51 57.78 58.15 20 Util. 35.116 36.00 35.00 35.20 Bonds Net Close Change 40 Bends __.105.11 off 0.06 10 1st Rails 112.24 No Chg. 10 2nd Rails 94.28 off 0.21 10 Utilities 106.59 off 0.05 10 Industrials __. 107.33 up 0.04 Transactions in stocks used in averages today: Industrials 155,400 Rails 63,100 Utilities ? 250,200 LOCAL MARKETS Following are the offering prices to the producers on Elizabeth City markets at the close of business hours yesterday: LIVESTOCK (Cor. by Love Bro*hers) Hogs?dressed 10-12 alive 08 . Calves _10-12 i Beef stock 8-12 Chickens 15 , Flyers 15-18 , GRAINS <ccu\ oy Buxton wmte) New corn?yellow 80 white 75 ( mixed 70 , Soja beans?yellow 1.00 . HIDES. WOOL. EGGS (Cor hv W. C. Glover) Hides OGVi ! Wool- -clear 32 ' light burry 27 ' jeavy burry 2ft ' Eggs ? 32-33 1 fISH ! (Cor. by Thomas Crank & Son) '? Rock 15 ( Cats 02 Croakers 00 i Blues 12 j Butterfish 07 1 Trout?large 10 i small O.'i ; Spots 06 ] PRODUCE j (Cor. by Scott Produce Co.) ] Snap beans, local ? No Sales Norfolk 50-60 j New York 25-1.00 y t Housefly Is Speedy A house Sly walks proportionally i three times as.fust as a human be | Ing, declares an English scientist. | to make up the 320 votes. "Landslide." cried his Demo- : Cratic rival. Farley, predicting that < the only states in which Governor i Landon had a chance were Maine \ and Vermont. He said the Demo crats would gain six senate seats and hold their present house ma jority. J t ' j V Maritime Strike On j Both Coasts May Result In Violence 'Continued from Page One) one per cent of the 50,000 mem bers in the union were participat ing in the strike. He said the un ion was prepared to man any ship ready to leave port. Curran countered with the statement that seven more ships were pledged to join the strike in New York. He pointed to Balti more where longshoremen enter ed the movement and shipbuild ers unions which pledged support 'when called upon." Appeals To Roosevelt Reports poured into the strike committee from 15 cities tonight. Members said additional ships had been affected in Baltimore, New Orleans, Boston, and Hous ton. Crews of seven more ships in New York reportedly voted to strike just before sailing time, which would bring the total to 28 vessels affecting 2,929 men. Police cars patrolled the water front and police launches sailed up and down the rivers and bay. Picket lines continued during the night and police guardeu piers. J. W. White, representing the crew of the Robert E. Lec of the Eastern Steamship line, appealed directly to President Roosevelt for intervention. His telegram read: "We arc now engaged in a strike in sympathy with the strike of the West coast seamen. We re commend your intervention to bring about a satisfactory settle ment in the West coast strike." Pacific Coast Strike Ties Up Much Industry San Francisco, Nov. 2.? (U.R)? Pacific coast maritime strikers to day challenged the authority of the federal maritime commission to intervene in the coastwide strike whose mushroom-like growth spread to force into id!.- 1 ness thousands of northwest lum ber mill and logging camp workers. Accompanying their challenge by direct action, attorney^ for the strikers walked out on the com mission's investigation of the maritime industry in the first minutes of the open hearing con ducted by Rear Admiral Harry G. Hamlet in the postoffice building here. The unions, however, have promised to co-operate with the commission in any fast-finding inquiry it may conduct into the shipping industry itself. In the absence of the union representatives, the hearing con tinued with a presentation of the ipowncrs' position in the pres .nt crisis by Gregory Harrison, attorney for the operators. "For two years the unions and their members have deliberately violated awards and agreements, indulged in hundreds o f strikes and stoppages of work with ruin ous effect on the American mer chant marine for the purpose of depriving employers of fundamen tal rights, including selection of employes, operation of vessels free from strikes cr stoppages and a fair day's work," Harrison said. "The longshore unions have seized control of hiring halls that were to be jointly managed under the award. The seafaring unions have established hiring halls by means of which the employment of seamen has been wholly con trolled by them. The result is no employer can select his own em ployes." What Strikers Want He said the longshoremen's award, which brought the 1934 maritime strike to an end, estab lished the highest hourly wages in the world for longshoremen (95 cents an hour) and the highest , seamen's wages in the world i$67.50 a month). Longshoremen have asked con tinued hiring hall control and wages of $1 an hour in new con tracts: seamen want $80 a month, cash instead of time off for over- , time, and control of hiring halls | in any new agreements. Ship cwners want neutral hiring hall i control, continuation of present ivp.se scales and guarantees igainst work stoppages with a system of penalties for violations cf agreements. Those were the issues two , months ago when negotiations be- ] ?an and they still stood unsettled when the strike was called Friday midnight. From a walkout of 35,000 maritime workers, the movement has spread to shipyard ind drydock workers and to San Prancisco warehousemen. The warehousemen's strike, ty ng - up cold storage, public and wholesale grocery warehouses, >rought protests against an alleged permit system" of releasing per shables, government contract joods, and other materials from ,he picketed storage places. Fire Accommodates Firemen New Britain, Conn. (U.R)?Fire men figuratively killed two birds with one stone when they answer ed an alarm to the home of S. H. Anderson to extinguish a chimney fire. Finished with that job, they were called to the home of John Pelletier, two houses away, where a furnace explosion occurred. WHAT'S NEWS Among Our COLORED PEOPLE (Reported By John Harris) Mrs. Daisy McTyre, Mr. and Mrs. Jordan of Colcrain were the week-end guests of Mrs. Freeman on York street. Mrs. Daniels and Mr. King were called to Hyde county due to the death of their grandmother, Mrs. Almeada King. Mr. Hyman of Plymouth was a visitor in the city recently. With th? Churches Men's day was fittingly observed at the St. Stephen church Sun day, November 1. Rev. V/. H. Owens, pastor of the church, preached from the eighth verse of the third chapter of Corinthians. The night service was featured by a program composed of men. Rev. W. H. Owens and choir of the St. Stephen church were in charge of the anniversary service at the Mount Lebanon church on Sunday night. The A n t i o c h Presbyterian church observed memorial serv ices Sunday. Announcements Prof. Hiram Simmons of Ports mouth. accompanied by a very talented octet, will be presented by the Cosmopolitan Glee club on Monday night in the P. W. Moore high school auditorium. Professor Simmons is one of the most out standing composers of music of today, and during the evening of the performance an opportunity will be given to the sale of various solo compositions and anthems of , Professor Simmons. Admission is 15 and 25 cents. The music of Don Warno and company will be back tonight at I Lamb's casinc with his merry swing music. The P. VV. Moore P.-T. A will hold its second meeting Wednes day night at eight o'clock in the school auditorium. It is sincerely hoped that all teachers and par ents will attend your meetings, aiereby making a larger and bet- j ter organization. The officers arc: Mrs. Burden, j president: Mrs. W. Morgan, sec- j retary; Miss Minnie Hill, assist ant secretary, and J. K. Fleming, treasurer. Deaths The following are listed as re- | cent deaths: Miss Bertha Mae Riddick, Mrs. Sylvia Walston, Mrs. Bertha Dudley, Henry Spence, Ed Dozicr and William Brown. Sports The Moore Lions met a very strcng and aggressive foe in the Edcnton gridders Friday on the Moore field. From the start of the game it was the popular opinion that the Lions would win by at least two touchdowns. At the start of the third quarter, the visitors turned the steam cn and had the Moore Cubs on defense and the ball in the lattcr's territory for several minutes. The Lions missed several chanc es to score: however, I am not trying to detract from or to be little the fine playing of the vis itors. The game ended with the score 0-0, the ball on the Eden ton three-yard line. A Thought To Athletes It is not the victory that meas ures the worth of a participant but, to the contrary, on how each fellow plays his part. Can you honestly say after the game that "I did not use unfair or foul metn ods on my adversary; I did not beat the whistle; I played hard but clean; I gave my all when the , other fellow carried the ball, and I I can realize more and more what is meant by keeping in shape"? I Fellows, if there be any doubt in your minds as to your rerlcction j during your last contest, why not I j try a dilferent method? All members of the Charity club and child welfare of the Silver j Leaf Temple, I. B. P. O. E. cf W? i are requested to meet at the resi dence of E. O. Winsiow, 512 Roa noke avenue, Weuncsday, Novem ber 4, at 7:30. Each member is requested to bring something for the ..owing circle. NEW YORK COTTON I New York, Nov. 2.?Cotton fu tures closed steady, 1 lower to 4 bigher. Spot steady; middling 12.08. Beware Coughs from common colds - That Hang On No matter how many medicines you have tried for your cough, chest i cold or bronchial irritation, you can get relief now with Creomulsion. Serious trouble may be brewing and you cannot afford to take a chance with anything less than Creomul sion, which goes right to the seat of the trouble to aid nature to soothe and heal the inflamed mem branes as the germ-laden phlegm is loosened and expelled. Even if other remedies havo failed, don't be discouraged, your druggist is authorized to guarantee Creomulsion and to refund your 1 money if you are not satisfied with j results from the very first bottle. Get Creomulsion right now. (Adv.) IF L A S H ! i ^ I OPPORTUNITY: TIRED I OF KNOCKING^ BEGINS I BREAKING DOWN DOOR' I - l IAITISl 5 V/CaltCIIUUIl U1 W|l[icr- I tunity breaking down Door! Old Man Opportunity is a persistent fellow! And When he starts breaking down the doer you can't very well I ignore him. And Opportunity is breaking down your I door. If you doubt that, glance over a few of the Wan; Ads in your DAILY INDEPE>TDENT! Hundreds of thrm will surely interest you and stiow you the wisdom cf cpen'nj the door for Opportunity before any furth r I damage is dene! Here arc a few that are typical. Look today's over. HELP WANTED , A reliable maid wanted Immediately. Wed- > ncd yj and ?unday: off. Ccod home, two well-mannered children. Good nay. Tele- A> phone MJn 6121 after two o'clock today. BUSINESS OPPORTUNITIES Mm wl'h im.II :-jm of cash as a partner in an < jto ttr.lce s'ltion. Located at a busy in:.rsectlon. Looks llko a "'Id-mine to mo. C.:l Pro:-xct 246 for details. USED CARS^ Need money! Will toll irr tteir"^!! Plymouth Oe Luxe sedan fw be.t offer, In excellent con dition. N; de. lert. Tolephono 0108. \ to* V >*&>v* /? \ v*J)5>trV!V?? \ ?? ?0? \ FOR \ \SM%A I tar FOR SALE r ' 1 ??room home In U/ed?cwood M-nor. Beauti ful modern home, oil heat. Largo grounds, i Tolephone Wcdgewood 4634 for appointment to soo It. Opportunity Waits in the i * 1 The Daily Independent
The Daily Independent (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 3, 1936, edition 1
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