Newspapers / The Charlotte Observer (Charlotte, … / Dec. 5, 1921, edition 1 / Page 15
Part of The Charlotte Observer (Charlotte, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
1 1 CHARLOTTE NEWS, CHARLOTTE, N C MONDAY AFTERNOON, DECE3VIBER 5, 1921. 15 COTTON GRAIN- iter' jjlARKET QUOTATIONS; FINANCIAL NEW V iJt COMPLETB MARIICT FAQS PUBLISHED IN THS CAROLINAJS. "fcU criUART P WEST For IS ?ewt financial Etftor of The New York Olofte. CURB BONDS ,-STOCKS LONG GAVE BOND ASKED BY COURT STOCK MARKET SIIOWSALITY Number of Groups of Stocks jafcr. Advance; Market Position Strong. Kt 5TVABT r. WEST I Features By STUART P. WEST. Staff Correspondent of The News. Coprrixbt.103l.br Nevre Publtshlnc Co- AMERICAN LOCOM1TIVE. American Locimotive got across par io"1?.111" "P18 inco the early part of " w" the real leader of the mar ket. The facts regarding the financial po sition or this comoanv Vulvii -.ft.m vh j.M.rwi.'" -- - - - iv.n ljuuiiuuiiva earned " its entire rHi.;,in.i ....... -VnrW T5w n V r veur iwice over New orx, uec. a. durinar the first si-r nr,ti,c r.r mi professional sentiment still good season next year will undoubtedly i hp. stocK marjiei. niaue i : r" -vr a-iamn m tne uiviaena at i J i ! lr -.,11 ;-i'ff't New York, 'Dec. 5. ShiDDing shares I roi-rrio-i. i.- p.Mi.hi.ri'n OnPnPfi Clllirlitlv Hicrlipr "Rllt were -in father, demand at the open- Chicago, Dec- ' 5 Wheat had an Vpenea Ollgniiy nigner Dill ing of today's stock market, probably erratic trend todav. The -market was as a result or suDsiay reports from stronr at th jstart . hut fommissinn Washington. American International house nrManre .paW4 a An. Tht-rc Mercantile Marine preferred were after prices had a number of rallies among the active and strong features and dips but the -support on the up- uj. mo iiiiuw uauu6?. Aucei naiiunai i turns was good. The- m-essure was Harvester, Pullman. General Electric, mainly local in character. . The tact American Woolen, United States Rub- that the visible sunniv ricrased onlv Prices Sagged Off 10 to 15 Points. ppu.o n-vitality again to- i t1, 8,pe rcent. American Locimotive rrrblr diy ; v"ane,af;'ward Is being handled in precisely the same , Th-r- was "?Rdys Tt I ti e Way American Car and Foundry has n vrti-c n " vTn. wve bv groups been and th Parallel between thT two r,.,r .VoWtSiX companies : is suggested by a reference to T Qn V I 1 i V lill(l l. . Vi U1V . & 9A, , there tli an iv ;1 3 v lr Hi any the equipment Locomotive stocks W,V,U8 D1 lasl June n.ul tlie largest I Work in cr pftnitnl In itm vi c-f.,. Aoa C4u nnft Il.,.,i,.an liMomonm 1 '- r .... J wf.o-io.vv . klo.aa 3 aKHinSl 11Z..1Z1.U in .una I'.'l mil I ii am" h . . . Its nut mi ir.L- a ooin 1..,.: 1. Then tt was hip snipping . m-v.. aoooio uwuiiS mhis stvtii J Mil ! i, -n,i '.-; , itin- tne prospect of a " uae irom i,oa,uou to .,uo i i r,,- ir was- rnp. motor r ""o oiwn issues nave iiol neen , 1 U ( V. : ,1 iTKreaPf1 2) rinlloT lnliicl ji 11-,.-. ncaAa :1 1 r i l 1 1 f Ulgll-U! nxu I . . . . . uv.uutu iil ' i x.-c.a ' Ice , l..w.A 'I f 1 . i.i i . - . i was snm or tne uii u lasi were ai.s'v-j'ij'j casn liitu - - I .,,, I.-....," L ... T.x.. r-iuuy ma.rKeia.oie securities yurtli hff numerous upturns piam- i.uvu.uvu. uuiaiuj in ime it on top OI me susiamsti "i""6 ouuoiumry ouiiu is.-snes ine lt wceK was a marnei vuiupoiij uw iiu miiueu ueui anu il owes dpai stronsrer tnan me uuuuug ai me oanKs. -.1 i-e nave neneveu. j ruin SHIPFIPiU STOCKS. the sneculalive tteld Mth a republican concress to back him i . . v .,..n mi ooDortUTiity tot uie seume nitf wav on th oneatmn of Riihsi t' t'rr :r..livn1iiAl onerAtors wtw Uiies to the merchant marinfi nrp. rpffflrdpd u .iitumn t- iii?triDiiie tnem. wnicn would benefit by such legislation i i'.,? i(- lis the sustaining: innu- were again in demand today and sold S Fa- '.. iMirrnt investment demand higher. The mercantile marines were the rr ; 11 , , A, .... fifr a .v , . tlldFA (a! . . . ...I... - . ft . 1 . i . . ; dfi. -1 i r 'i - ------ . - , .i . a.. . . . v . i . l 1 1 .1 v. v. v. ' :-ir M-.ti... iun,c ai x ioiiL iji ices lntercpis tor iw ii;sl .1 : .1. :-- -n V 01 ars to get an abundant term tunas witn wnicn MARKET OPINIO". A number of the big houses which send out daily letters have been consistently c 1 ..,- crocks A'i th-e?,? 'f,nclluon5 nae loamuui wrong for nearly a month past to the . .;pnnr: 'he present up war d swing extent of discouraging purchases of stocks, average Wall street caica- There is one house, however, which has T'.- market is not figuring so been bumsh all aiong. in view of this By STUART P. WEST." - KtnfT lr'A....nnM.l.. .v mi.- . ConTiirh iHii w tw-w u..hii.i.i... r, ber. ' Allied Chemicals, Crucible Steel 97VOOO hnsha wn a hr fantnr .-Viii New York, . Dec. 5. The cotton mar- and Transcontinental Oil also were tirm the estimate by the United States ket was very quiet again today. There to strong. High (class rails were ignor- bureau of markets on foreign crops was a little scattered buying early. ed aside from nominal dealings in was construed as bearish especially promoted by the steadier showing of coalers and the usual favorites in the the comment on the' : rice crop shortage the early cables for Liverpool anl n and industrial groups were slug- showing a normal crop" of this cereal continued nervousness over the pink 8'ish. Leather, tobacco and mail order for Japan and a surplus of nearly boll worm situation in the Southwest, issues easea moaeraeij,. , 3.000.000,000 pounds for Siam. Whil-i These features failed to stimulate any Loaders of the oil and food division premiums for spring wheat were firm general or aggressive demand, however "strengthened at midday. General As- er. red wheat was quoted easier, one ana after opening 5 to 11 points hierhfr nrifes noo-uoii r.fe iiK.iner middle of the morning under liquida- NaTiOnal Biscuit, Keet Sugar and Cu- red winter wheat which they had in tion by early or-recent buyers. These Dan 1 ane ougir preieirea gained l toi JDcinestic muling demand is quiet. Sea offerings were light but found very J Pints ana snoit covering errecteJ board reported some business in both few buyers, apparently, and sent the ; general recoverieb among- tooaccos aim American and Canadian wheat market some 10 to 15 points below last otner specialties. Corn had a heavy tone. There was w f L-' pinotnir fie ..vs. Th... i, o , I The closing was irregular. Govern- I nrpssnr f-rnm r.nmtniigmii hA,i i been a little Southern selling 'but it rsitnt bonds, especially Liberty and cause of the receipts wnile casn houses was , not a prominent feature. Victory issues, were strong at new sold. The buyihg was mainly scattered it may be that uncertainty as to the leiU3- ajiinuimwieu iv uui sonie Buying on the dip was be snowing of the approaching government sll" reports is restricting business to soma extent, although few traders believe NEW YORK STOCK, LIST that they will result in a sufficient Last Sale. change of crop ideas to materially Allis-Chalmers influence the market: The first of American Beet Sugar these renorrs will ho nnhikhori Jin I American Can .. .. .. .. .. 32 ?-8 Iieved to be for exuort account. Ex pert bids were unchanged but these permitted, of only a small margain of profit and were 1 to 1 1-2 cents 37 3-4 1 under the Views of many shippers. 28 -4 I Domestic shipping demand was bettor. Oats were easy. Selling by leading C. W. Shuman, Brother-in-Law, Signer of Bond or $5,000 Fixed by Court. liewis Long, well-known white man, who forfeited a $1,500 bond here some weeks ago as he was about due "o bo called In Superloar court for trial on -x charge of selling liquor, was brought back Sunday night from Danville. Ya., where he was arrested Saturday ty an officer of that city. He gave bonj for $5,000 as soon as he arrived at the Southern station here for nis appear ance at the present term of Superior court, presided over by Judge W. F. Harding. . - - The bond of Long was signed by Charles W. Shuman, his brother-in-law, with tne understanding that, if Solicitor Wilson, at the opening of court ?.lon day morning, expressed a desire to that effect, W.' M. Long, father of the defen dant, would sign the bond. Solicitor Wilson said Monday morn ing that he would look into the matter later in the dav and see whether he would ' require he defendant's father to sign the bond along with Mr. Shuman. In the meantime, Lewis Long appeared at the opening of the morning session of Superior court, and : sat among i.he spectators in the court room. Long came back to Charlotte with osrts were in lair demand at un changed premiums. Receipts were mod erate. Provisions ere dull. Labor 54 J-trouble at packing plants caused a iz 1-4 I iacK oi pressure. !! 44 116 r :;;:J !'.a:es r i'" ""ZX, aVA ".'d Compnay and our message on victory wh sold above I talldardTl.lscontnfentai ;w I-'' 'Vh i,n ihih in .rhV showed that we are still in ' -r.U ;lt" :"U1.1" - . deals" T'r.i .! jru iS neither better nor worse tha.i De of mteresL coppers are in good shape L ir.::i -I-1 Vh"1 and we look for high metal prices this tr:as snuauon next jrw.. week." it says. "Oil shares should do much rr',c"", V V better. News is believed near in Texas Saturday ralations the days of :Z' . '' ' - 1 1 li II W i. - i J . . "aj -.it anil lactced tne ur- . . , w v. a. .. I . . n I , . r a -a . . rr nipn H7 I 11.1'. .,1 ir w - i in7ti DesDite the fact that the PittsburEr Coal .. C? -1 V -f tv .1 ' - v v "VJ I - n-'j r" i-n'tal. pp.nrmous a has been its Company was not one of those mentioned . . 1 "PittcV.liT.fr frtol Vioa sliravc Viaan ,-tnA ,f 1 , - . - . . 1 ..l.f 41.. ...I. .k 1. 3 i: 1.. t .u ov.-ln'isi1 maiKfii. inr iriiivi i inir i;uiiiiJi.iijr3 wiiiuii euuweu CAuenuiugiy 1 . . f ; .. 11 :n TT.Anr.Vi I ernrA ir. -1 a K..i t U n .. It . - Kn nrU ;...pj'r TH ii i III Uir: uui lit J ltii'i I , j'J vj. 1 i "julo uul uicic 11a ID uocn Llluot7 w nu e Thi Tim ca wnue t rencn Denevea tnat tne cna or tne contract c vf-T.n t-r.t '.Min ts were iiivewisu ra.ii- wim me sieei corporaiion was a oearisn 5' rn-: i irg ht T l-'-s setting up nearly two rather than a bullish factor. Despite-this i prints from last week's low. Undoubt- bearish feeling the stock has moved stead- ; n'. thp?e tiro movements were regis- iiy forward. The latest explanation i ; .0r t'lf 'Tnion of the banking com- that the directors may increase the dlvi- i r i;ri':y T' ai :rire is little likelihood of dend on the common stock. Heretofore ' m"''ra; !: u:n f'"r Germany, the sug- the common has paid five per cent, the st?;iin of which created such a dividend declared at the start of the ' ' -ore last wek. Sterling went higher year for the entire period. reports will he mihlished win American can .. .. .. Tl ursday of this week, givinsr te I American Tar & Foundry .. 14a 1-S loi gs was a factor. Commission houses amount of cotton srinned un to De- 1 American Hide & Leather pfd . 7 1-4 were on both sides of the market. Cash comber 1. The second win vo mihlkho.i An encan international iorp z nionaay or next weeR giving the gov- American i,ncuin .. .. ernment's estimate fo the yield. Ac American Smelting & Ref. . . ccrding to pi-ivate reports the pink boll American Sugar .. .. .. .. worm conference, at Dallas adopted a American Sumatra lobacco .. resolution approving the establishment American T. & T or non-cotton or regulated zones and American looacco cet the sterlization. of seed, although it American Woolen .. ,. .. .. added that if seed were sufflcienl'v Ar.aconda Copper . . . . . . heated to kill the worm inside, the Atchison .. .. .. -.. . . All., tjuir s n. muies .. Baldwin Locomotive . .- . . Baltimore & Ohio .. .. .. .. Bethlehem Steel "B" .. ........ Canadian Pacific .. Central Lsather Chandler Motors .... . . , . Chesapeake & Ohio 70 1-4 46 1-2 seed itself would be killed also. CHARLOTTE COTTON. Receipts today, 9 bales at XEW YORK COTTON. Xew York. Dec. 5. -The cotton mar- a. ijluci uuiing iQuay s eIlv Ohirnffo Mil & St Paul session with fluctuating narrow and ' AAU' T& 1' paacul ' riV.L" V. -.V' -7" Tti.,.- Chino Copper an auvaute oi o 10 u ooinis on niKiier j. tS..-i t T i rofnnnl 4.,0fl tWOraQO P Uei Ot ?.l0lr?u9l? Wl Crucible Steel 111 suuuiwcji, L un o w tin II u ,HI" nha Pane ei.vjr. Hvnrici, axiivjl 1.1113 uyc;uilla IX- vance to 17.47 for January and 17.48 ,:..ri".. fr"-0"""-i Goodrich Co. setbacks of 15 or 2tf noints after the ?a ?r5h?In J?i? Mll ti,z Wo.-c ureat ionuern u vn-o were wen enough tciken to give the I J "i,ofiww.r 4 market rather 6 a meady undertone. "A1?11 V,m Hit;i HIV f.vtv General Electric Gereral Motors .1.1314 1.13 l.2 1.12 ..1.17H 1.17 I.1514 1.1514 Private cables reported better tone in JernationaT Paper Liverpool because or covering, Man- ll'trJ?.AJ:i Kcnnec.ott Copper ww' r rencn rairs uui udi iuau mm a? ' wak airain. Their decline lilted in logically enouyh with thi showing !n the German oanit statement. A.n- i,-'ner an.1 still greater increase has akT place ii note rirculation. This i-f-Ti is ii? -l.".''io.oi;m,000 marks from i wepk aero aniL for the first time is uV', abnve "ic 100, 000. 000,000 level. 1 Railway shares which lost their ! 7. ace of lealership after' the "good MOTOR STOCKS STROXG. - There was a marked difference of opinion regarding the motor stocks- and the logic of tneir being moved up iust at this time. The Studebaker rise brought out a renewal of the rumors that the directors would increase the dividend at their meeting later in th3 month. There was a curious story that one of the two leading capitalists - . . , , , , u A .r n. A 1 Hi I VUJ I ULii 1,1.1 luciillillin nun .io M:iind was out of the way. were not I ,r , n kii '-!jn up a ?am today. They were si'ftYied toward the end of the .-.fter 1 - n bv a heaw selling movement 'n' St. Paul i?sues. in the course ot h t'ne -nnimoti stock broke through i i p; -. ru t'.iw ui Lne er. ins . . i . : ,u oub Tlth this road as is very well it""? IT- "u' Vio-n, lies in its unsaitsfactory earn in??. All throuerh the early nart of he year and in fa''t for several months r 'he had come in the general anon. St. Paul was not its fixed charges. Mii-mic as the dav went on are buying into Keiiy-tspringneia witn trices came dowa ine iaea oi onnsmK me me company 1 . 1- . 1 . . , , 1 IV l: 1 1 ffo1 uums anu a muue,a'l sot Louisville & Nashville ..'' m ... - Maxwell Motors o ,k "6,o nT"'"'1" e' "ifi Mexican Petroleum emu. 4.a..tu.c vt. iu oiiauici f I Miami Copper 7.tZtl "o lltin ".S.r0yilyaL Middle States Oil ..r.Ti J;"-i-:.VJlci.ul"",l' .V" Midvale Steel cvmrmiy uiauuoiiii.inK lu rtsueui uuy ..,. rtn ,.:k erg. There was scattering liquidation w Ych-k Central a??u P"te easea on: iron, me oest x T N H & Hartford oV 13 o 14 Joints net lower. ReporTs 58 " stern fiom the South complained of a poor jC't1; ot.SrS VU tf"S -Sted there Wd" Par AmerlcVnlperrcleum company was conducting a bull cam paign in the stock wnfle the other Was selling.- According to those-apt to be itiformed on conditions in the motor trade business is not as good as it was a while and those . going by this ing side of the motor shares today. KELLY-SPRI3VGFIELD. At a time when merger talk in tho air it is not hard to discover rumors regarding all sorts of mergers. The very latest is that the Dupont Interests The market became easier toward Gas lnm.T rlin5. Pittsburgh & W. Va tering December liquidation. New Or leans and local selling. January eased oft from 17.15 in the active months, selling about 20 to 27 points net lowor around, z o riock. CLOSE NEW YORK FCTURES. New York, Dec. 5. Cotton closed Open 17.55 -17.47 17.47 17.17 16.73 Hierh 17.59 17.48 i7.48 17.17 16.73 16.33 16.35 easy. Dec. . Jan. . March May July NEW YORK SPOT COTTON. New York. Dec. quiet; middling 17.60 al!W YORK HOLIDAY!. New yoric, uec. t. rue cotton ex- eha-tte today voted to closed on the Saturdays preceding ennstmas ana New- Year's. I ?vi : '.':ie last hour pric . arnur.'J fvom their early high. But nere were still no real signs of the toaition ahnut which the street has , 1ton ta.kinsr for so lonir. Sear-Roe ! h''' k. fT reasons which are sufficiently ! i'-n known was very weak but this t "as an e-cpttpn. In most of the ,;'0ustr:al leaders there was a ready under General Motors control. it. Live Stock 1 ! n-uii for stocks which were onlv ConyriRht. 1021, by !Vew PublUMnir Co. .St i . .. - 1 w . 1 x 1 . . 1 1- t C '.ue:ea nair to a point. FOltEir.r, EXCHANGE. Union Stock Yards, Chicago. Dec. 5. The strike of butchers and meat cutters at all the establishments prevented an I New York. Dec. 5. Foreign ex- early start of trading today. Most of i i ha -is? s'rong. the small killers were entirely out of the 3 'Sroat Britain (par J4.85 5-8 per market but big packing houses were in rem"! sterling): Demand 4.08 5-8; the trade. Their bids were lower tor an allies .07 1-2. Sixty. day bills on grades of live stock, however, and it was lark? 1.0:5 1-2. an uncertain market from the start. FraTVa Inar 11 nm-no fr.ni.V I T o of ii'ul.-'. Qi-nmo-ii nrirA fnr eood beef i 'v'n"'J '-it i-2: cables 7.47. Tcatile was placed at S7.30 r'an even ?3 t'a.y ittar 19.3 cents ner lirel: Da- hefw th ten.vear average "Aflit i.'o'l 1-2: cahl 4 33 I -DunnSnic rt Mnn etnnlr ot Hia lnffll varrls . , , J 1 1 L .J U L . . . M V -. . ...... " J " DtiSTlUrn ina.r 1 !) f! rnta nr francl' I ,cf Im c t ri 'o OAft nattla . . - - - . . w ... . . . i i tilt ix y were 'B iuii(4iiin b " wfc,. 4 8,000 hogs. 23,000 sheep and lambs and 2,500 calves, against cattle, om.- 536 hogs, 30,796 sheep and lambs last wn-itr: ! 7.2 1 1-2: cables 7.2R. lierrnany fpar 23.8 cents per mark): "V'aiin cables .44 1-4. uonand (par 40.2 cerits per guilder)' Mondav lirand 35.75: cables 35.81. Mn?i,V 5 uu.io, idoics .jj.-si. I c rnirr p . PntHn n 7 A woe clniTr frnm I .nrj- ... I); o . . I J 1 l . X.L1C - " " .w.. v.... :;J , ;'7V' "r on"; the start hut bier killers eame into the I Sm-Prten ,,;,-' e o , nen and paid steady values for goodJ I..m:,; " Ltjkftr- pi-ine- rade however were weK uenmark (par 26.8 cents per Krone): s a nerai ming w u, r-niaiij io f- r 'I inir fieHine nf la to Cents. ilie 19.3 cents per general trade was better than expected, 11(11 w llll&l.l.ll!llll L I rz nia. ers were out of the market. Some choice ters went at JS.75 to 9. cows ana heifers sold about steady but bulls were easy in spots with good bolognas going at J3.60. Calves sola mostly ou cents lower with good stun to pacners ai a.ou. VTOGS: The trade was off 10 to 20 cents but demand was fairly active from t ' ' I ' I ri 1 1 1 Ui.i 4 Switzerland (par I T,.spai" 'Pa'- l'J-3 cents per pesou) , . jreei-e tpar 19.3 cents per drachma). "eniand t.07. ! Vrueatina fpar 42.44 cents per Ar- I 'Mirte pnrr nollar): Demand S2.50. ,. - . t,:ir ,!--i t;ent per paper -I-", ii-mana i o.i f Mom. loiitreai (pa,- loo cents per CanadUn UhiBtfers and big killers at the decline. 'i 15-16. Light hogs sold s EVERYTHING In High Quality Building Materials "Ten per cent on your bivfslment assured." How many of us would flHva nr. .nnn,iMttv thai? Sonm of u if we ''iiUJ he Jt t every one that Hill pJiys rent does. Rent ilVei'Mfi-fi tAH mm nan) An "' properly value. If some '" else oh nx your home you 'ay Hiein. If you own it you C jourhelf. Own your own "oine. CITIZENS -umber Company South Boulevard Phones 3472-3473 at $7 to $7.10. Butchers showed must drop. Bulk went at $6.60 to S6.75 with rough packing grades down i to $5.70 and best lot at ?t to -..o"; Mpe ttncvui iuii ui. suu vs ""' f--v-n i7 nn a 10 to 15 cent lower market. SHEEP: iamDs soia oeiier mau o. notii. Values were fully steady, choice lots going at $10.50 to $10.75 with bulk to nckers at $10.25 to $10,60. Small kill ers were out of the trade. Aged muttons sold well at fully steady vaiues, loom ewes going, at $5 to. $5.50, with prime lots quoted up to so.au. CHICAGO, LIVESTOCK. PUipo tyn T)fC ? C A ttt.V. Tteceiots 22,000: beef steers slow; early sates steady; quality plain: offerings arouna u.uu io ft.a, she stock and bulls steady; stoekers and feeders steady; veal calves dull; bidding unevenly lower. JIOGK: Iteoeipts 48,000; fairly active 11 to 20 lower than .Saturday's average: hutf-hers off most: snippers ouying no- rsiiiv. hut. most of smaller nouses out f nim-kt on account" of strike; top 7.10 for light light: practically top 7;oo: tuiK o.d'j iu b.io, w xa lower SHREP: Receipts 23,000; fat lambs and Jlght fat sheep steady to strong; lamha ton early 9.75; some held higher; buJk early iu.3-o-.ro jlu.ouj- iuna 7,50 to 8.5C; good light tat ewes t,2i talking steady on feeders. kwt.w vonic provisions. kw York. Dec. 5. Butter barely iar!v: creamery, higher tnan extras 47 to 47. 1-2: creamery . extras io io 46 12; creamery, nr 39 to 45. Kggs steady; fresh gathered extra firsts 62 to 65; fresh . gathered firsts ks in 60: New Jersey nennery whites vtm. fancv candled, selections 78. wv, - y ------ - - -.w-.l 111- - - 'hAM sreaav: luit, wnoi iiiiik nan fresh specials 21 to 22; do, average run 20 to 20 1-2. NEW YORK MONEY. 4 Nw York. Dec. 5. Call money Ktcady: high 5; low 4 1.2; ruling rate 5- Closing 010 oueie u.l la lean 1.2. . fell loans ealnst aeeeptanees 4 1-2 Time loans easier; 6fr days, 6: aO r ava. 5: 0 montnf, a. Prime mercantile paper 10 1- Ray Consolidated Copper Reading .. ....... Rep. Iron & Steel . . Royal Dutch. N. Y. .. Shell Trans, & Trad. .. Sinclair Con. Oil . . Southern Pacific . . Southern Railway . . Standard Oil of N. J., pfd f CIaca 1 Vf o- i7 .75 studebaker uorporawn". srrr I7.'l2 il7.i2 lnnse Copper .... . 1 1 rt 1 a 1 cxfliS Co. .i a . ' Tcbaeco Products Transcontinental Oil . . 5.-Spot cotton tt e SUW;t, ?. United Retail Stores . . U. S. Ind. Alcohol U S. Rubber , . ...... U. 8, Steel ,. .. Utah Copper .. .. ... westmghouse isiectric Willys Overland . . , pure on Ccca Cola 110 112 1.8 26 15 1-8 28 IS 7-8 74 1-2 12 7-8 9 81 3 51 3-S ?7 14 5-8 72 3-8 54 1-4 48 1-4 36 3-4 22 3-4 80 19 1-2 112 1-S -78 J8 10 1-3 35 1-4 23 3-4 59 $-4 11 7r8 126 10 1. 484 - 48 48 48 54 54 54 54 32 32 32. 32 3S?4 38 38 38 X 9 w 0 8.50 8.50 8.47 8.47 8.90 8.90 8.87 8.87 NEW ORLEANS COTTOW. New Orleans. Dec. o. After a rise of 9 to 15 points on the opening today, Atlantic Coast Line IU repuB(j iw OBiiei- ca.uea man c- 1 Qylf States HtPCl . . pected, the cotton market fell off and I gcaboard Air Line at tne ena or tne nrst naii nour ot Si06a ghef, Steel & Iron Liduiug vv xr luixc iu li c jisj.iiL,i9 uii4v' IlinltfU X lUlt me Chicago, Dec. 5. Wheat averaire a little higher in price today during the earlv ilealin'ers. Onpninp- nuntstinno IJZ'fl which ranged from 13 cent to 7-8 cent ..I t -a 1 hiffher. were fnl lnwrt w n mniiara T A 96 1-w .setback and then a fresh advance. 5j Corn had a downward inclination" in t?o e ne absence of any aggressive support, lis 3-8 After opening 1-4 cent lower, to a 31 shade advance, the market sagged. 48 1-4 Oats were governed more by wheat o than by corn, starting 1-8 to 1-4 to il 00 1" to 3"8 cent UP and tnen con" 3-8 tinuing relatively flr&i. 27 1-4 Trade in provisions was at a prac- 2.) 5-8 tical satndstill, with prices nominailv 88 3-4 steady. 64 Wheat closed heavy, 3-4 to 3 3-S 7 s-t cents net lower. 11 3-4 Corn closed weak 5-8 to 1 cent net 142 Icwar. 11 CHICAGO nitATN AND PROVISIONS. 34 3-4 Chicago, Dec. 5. t- IS ?! t'P"1 HtSh Low Clos so a-o vvj-miAX 99 Dec. ... 37 1-2 May ... 66 7-8 CORN 52 Dec. ... t-K Aiay . . . oath Dec. . . . May PORK Jan. LARD Jan. May RIBS Ta n 7 '7 aJO.ll. ...... a....' ..... ..... I." I May , . 7.72 CHICAGO CAn GEAIS. Chicago. Dec. 5. Wheat. No. 2 hard 34 1-8 1.15 1-2; No. 3 northern 1.13 1-2 to 55 7-8 . . . . . . vjorn, sto. a mixea 10 4 x-z; ino, 2 yellow 49 1-2 to 50. Oats, No. 2 white 35 to 38; No. 3 33 to 36 1-4. Rye nominal. Barley 53. Timothyseed 5.00 to 6.00. Cloverseed 12.50 to 18.50. ' Perk nominal. ' """ Lard . 8.60. Rib 7.00 to 7.75. ST. LOUIS CHAIN. St. Louis, Dee. 5, Wheat, No. 2 red 1.23 to 1.26 1-2; No. 3, 1.30; December 1.09; May 1,13 3-8. Corn, No. 1 white 60 1-2; December 48; May 52 S-8 tO-3-4. Oats. No. 2 white 87: December 35 52 5-8 1-2; . way 36 7-8 52 3-8 83 3-4 59 1-3 48 i-8 5 1-8 37 1-8 38 J-i 90 49 . 3 1-8 40 Deputy Sheriff '"Mode" Hunter who j went to Danville on receipt of a tele gram irom cmer or Police i$ell of mat city to Sheriff Cochran here saying that Long was in jail there and would come back here without requisition papers. Deputy Sheriff Hunter was told at Danville that Long was arrested for speeding and that, when first arrested, he gave a ficticious name but later ad mitted, after a Danville' man had iden tified him as Lewis Long, that he was wanted in Charlotte. He went further i and stated to the Danville officers that he understood there was .$200 reward for him and that the Danville officers were due the reward. , . Sheriff Hunter took with him to Dan ville the $200 reward, which was duly signed and which was provided by the Board of County commissioners some months ago. Long and Dewey Robinson, in Long'? car, were about to deliver a case of bottled-in-oond whiskey at a house on East Morebead street some months ago when Detectives Moser and West call ed upon them to halt. Instead of do ing so, the man at the wheel of the car put on sneed and dashed away while the officers fired at the fleeing auto mobile. Later both Long and Robin son surrendered. Long dr'ew an eight months sentence when tried before Re corder Jones and Robinson was fined $300 and the costs. - - THREE NEGROES KILLEDBYMOBS Two Were Lynched While 9 Third Was Shot by s. Watkinsville Posse. Watkinsville, Ga., Dec. 5. Roy,, Grove and Wes Hales, negroes, wer taken irom their homes near Snow Mill, in Oconee county, late last night; and lynched, and Aaron ; Birdsong, who -is alleged to have shot and wounded two white men, was shot and killed by a posse. The negroes lynched were charged with aiding another negro In his flight.-,, from a posse of Oconee county officers, Sunday. They were killed on the spo' where Birdsong was shot and killed early Sunday afternoon. . Grove is said to have given Birdsong a pair of shoes and Hale to have fur nished him with four shotgun shells. ", Large crowds of people were still in the Snow Hill district this morning -The sheriff learned of the lynching when he went to that part of the coun ty this morning to examine some road work. v After he is alleged to have shot Fred " Dooley. 22-year-old white man,- and : John Brown, Birdsong is said- to have" eluded a posse for more than 12 hours. He wan shot and killed while in a crouching position in a ditch eight miles from Watkinsville. Neither Brown nor Doolty were seriously wounded. The trouble started, it is said, when1' .Bud Loving, a farmer, declined to loan" Birdsong a dollar. ' Quiet prevails here today and no-.-further trouble is feared by officers; PEACE PARLEYS (Continued frem Pag One.) Bond Market 1 'cl.jfe 7 ?t1urlda- 4.Ja?l?SIy Virginia Caro. Ciiem. .... 16.80 and fell back to 16.60, The American Tobacco ... .. .. to selling appeared to be due to bearish I American Zinc talk concerning ginning. Invincible Oil Fnces sagged siowiy ana in tne ira- international . Harvester mg up w noon went to iu points General Asphalt yriuer me isi quuiatiuu ui iui wbch, anuary touching 16.58. Much of the selling appeared to be due to the belief that private bureau figures on ginning would appear after the close or tne market and that they would be high enough to. be called bearish. The rumor that a privaate bureau was out with 7.639,000 bales ginned f the first of December sent prices II Curb Market 1 By STUART p. WBST, Staff Correspondent of The News, CfUtyrieht. 1021, by Nfv PabHwbin Co. New York. Dec. 5.-Unlted States war 123 3-4 1 bonds provided the chief feature of to- 28 5-a oay s oona market. The two victory issues. 134 1-3 both the 3 34s and 4 3-4, crossed par 12 for the first time in J9zi ana tnere was 12 3-4 particular strength also m the fourth 83 8-4 4 l-4s which got above 98.00, a fresh top 66 1-S I for the year. The foreign governments were fairly steady, the main point of in terest in this group was the French 7 l-2s and the 8 s, The former touched 93, a rise of over a point from their last week's low of 93 1-2. The 8s today went above par again .United - Kingdom 5 l-2s of 1937 were strong and so were the Rio de Janeiro 8s and City of Copenhagen 6 l-?s. City of urich s advanced a point, on the other hand there was slight weakness finals of Saturday in the. trading up to 1:30 o clock. January touched 16.47. Tlr STUART P. WK8T do a lA....nAMfliit nf Til m NkiTiI. i--i!vl itSI .11, f co9TTiaht. IBSi.br New. PnbllsJUIns: Co. hn ft few qf the recent favorites such as New YorK. uec. 9.-ine euro J5- the Republic of Chille bonds. was irrpe-Tila r today. Business WH3 Th. mat th. ixmlnt liclil nvottv w11 onmllm- ) 11 0 tn ttlA faf.T that COmmiSSlOn I i 1. li n c uroli- -nrlfll steady at net decline- of -19 to - 24 aV r acted 'attention, riot- 'V"L' "V iuTlJhl OOints: c:l"" tj-u,, tt 'imorlMii W PWHH reWHIi.-A wumw V.M - Dec. Jan. . March May . July . ftW OBIW PT COTTON New Orienas. Dec. &.-spot c quiet and unchanged,' ealea- on stot none: to arrive 240 bales. Low middiins l&.Ja; miaaiing ib.io good middling l7.7o. Receipts. z,23o; stoejc 4s?,i Open 16,62 16,76 16,85 16.70 16.25 High ; IjQW 16.59 1S.'35 10.80 16.44 16.90 16.56 16.70 16.41 16.27 15.98 Close ftiy WiI."UB . hlr rTw reached their beet pnoes ior tne year t i o Oil- This moved up to another new ;nr.i,1(iiR? Kiirlin?tnn taint 6 l-'s ud near- it'H high for the movement on buying by moludiM feu rHi nton e rt -s up near Hii exehM teUBJJ- SSi! K! Erie converted 4P Srt... D Vt 44. NortlJ: getting scarcer m "-v- -onut e. oininr nnnt onH rioia- iW inUSe TWrS S':;,,; favorable -reports on yania UU on the other hand sow at otton r. -r -ti-ifie, -,,! there were larerer I JV '' low 1"t ttnu tueru tne VfS1 LlX J?.WJ2 .tn UTre declined too in the Pennsplvcania 7s. i TOURIST BUREAU WILL BE0PENED Automotive Association Has Arranged for Insti tution of Department. Establishment of a tourist bureau was' again discussed at the weekly luncheon of the Charlotte Automotive Trade association at th Chamber of Commerce. The association proposes to main tain the bureau, from which maps and road information 'will be dis pensed to tourists, in the office of the i association. The- automotive assist ant will act as secretary of the bu reau. The Chamber of. Commerce, Rotary. Kiwknis and Civitan clubs, were asked to assist in - the undertaking and funds, it was announced, will be forthcoming for the additional com pensation for the assistant and for other incidentals. It was suggested by Ray Barkalow that a "iarge bill board be placed on the outskirts of Richmond, directing tourists to Char lotte. Other boards will be placed on the edge of Charlotte, giving infor mation to tourists and infovmlua; them of the location of the bureau. Thomas Glasgow, Arch Duggan. and Victor Shaw were aopointcd on inn committee' to assist H. P. Horton in arranging for the dinner of the as sociation Monday before Christmas. W. M. Wilkes, or tne Charlotte Mo tor Car Company, oraa-ited some in teresting figures on Lie '-used ?ar situation. He said that dealers last year lost four billion dollars :rs the result Of the "used .mr." He also pre sented a Plan, for appraisal of cars, used in some of the mid western c.itiorf. a nlac.e will be reserved, on the pro gram next week for t&e discussion of the local situation and a commltleo appointed to delve into the facts lure. It was announced th.it tha nuKor vehicle and anti-theft bill wilt l3 in troduced in the extra session of the North Carolina General Assembly by "Pete" Murphy, of Salisbury. COUNTY NOT TO PAY " STATE A BALANCE ai "Montana, in the mfning department, Union .Pacific 4s lost a point. Missouri the former influenced by another ood Kansas and Texas bonds conmued to be report from the properties. heavily bought. The beaboard Air Line ad- Imnerial Oil of Canada, was unusual- justment 5s were firm. , lv erratic moving oifer a wide range United States Steel 5s advanced a half on moderate transaction. Standard Oil point. Atlantic FruH Is were up 3 points, of Indiana was inaeltve- during tha Steel and Tube T made a new high at not nf the session. Interna- 101. a. rise also of 3 points over last week's dling 11.66; fully middling 11.26; mid- J tional Petroleum, was. firm and there final and Union Tank Car 7s rose to 101 dling 19,86; low" middling 9.6; fP0d;wlg &n urgent demand for Ryan Con- 1-2, a fresh top. Interborough - 5s were orumary .at, pryjjiiy sclidated which ros snarpiy uu- ubi aown over-a yoiui. muu nvenuu aujui- Sales 6,000 bales, Including 4,700 ir.gS m sniail lots. ments went, however, up fractionally.. American; receipts 31,000 bales, in- Offerings were scarce. An easier A $4,:600,000 issue of Tobacco Products eluding 25.200 American. ' iVfii in Maraeaihn and I nhnvt term nntAS is to hft broueht out Futures elosedguift. December 10.7; cit5es service issues. Among: -th low- within the next-few days. These notes January 10.65; March lO.aS; May 10.-.9; prjCe0' shares Victoria held steady. will run ten vears and will bear interest July 10.38; September 10.07; October price changes were small in the probably at 7 1-3 per cent. They will carry I misnellaneaua lis intercpnunent! with them the privilege into Tobacco Rubber moved up a fraction and there Trodiicts common stock at a prive ateout LI VEH POOL HOLIDAYS.-' I fas firmer tone in Durant Motors onl7 nnints above the oresent Quotation. Liverpool. Dec. 5. -The cotton , ex- .moderate buying- The Goodyear issues A group of municipal bonds, includ- LIVERPOOL COTTON. Liverpool, Dec. 5. Cotton: Spot in; limited demand : 'prices steaay; good mid- change here has announced the follow inir Christmas and New Year holidays December 24, 26, 27 and 31 and Janu ary were decidedly easier and a heavy tone hng. $100,000 Wilcox County, Georgia; was displayed in Boritisn-Aroeru-an 1120,000 Mitchell, South Dakota, and SAVANNAH NAVAL STORES. Savannah, Ga Dee. 5. -Turpentine Tubaceo. The raaio snares were $30,000 Orange county, Jowa, all maturing Sweets Company . was quiet. Lvery . about fifteen years and issued on a utif-mnt to set this stock into higher , k -i ' " . -1 . i i 1 aiA uci jv7sw v ground recently taueg que Q a- iac offer,d today jr. the New York market. Of outsid following. - , The books en the new $,000,000 South firm 78 3-4; "cales 321; receipts 195; Bends were VJJ.W? w-T 'niinii Rico Susar CoraPany twenty-year shipments 170; stock 11,852. c.hftr;!!. " ?inSWrraJ? flret collateral mortgage 7 per cent sink- Rosin Arm: sales 721; reesipts 1,440; shinments 870: stock 73,578. Quote: B P E F Q 4.05; H 4.10: I 4.15: K 4,65; M 5.05; N Mi; WG 5,0; WW 5.75 hoWSVer. attraCtSd atteSUOn. ilt Lut thl. mnrnlnff. ?h hnnris wr WWL SUP vfI:.po4?:r; MrW aetlv offered at 95 3-4 to. yield oyer 7.40 per with the Mining snare 2.? ;,' ?L int mi are noni-callable until December c-niu i..iv v , , n, ,H rrav have hmic-ht shares which showed sman irregular .J SUGAR New York, Dec. ft. Raw sugar un settled, but unchanged at 3,87 to 4.11 for centrifugal. .Refined stady at 5.20 to 5130 for line granuiatea. chaRges. frome the government and wil ioffer pub liclv Sl.275.900 Atlantic Coast Line eguip ment 6 pen cent gold notes. Another new municipal issue announced today was the CHICAGO POTATOES whit eady western- stock $350,000 City of Cisco, Texas, six per Northern white steaoy, western sioeh. . sir.iaiiv 1941-19SI. Wisconsin sacked L60 to 1,75 ewt. WiKln hulk 1.70 tft 1.90 CWt. Minnagota packed rd and white 1-fo CHICAGO rsovisioxs ;ri am tp K r- Butter lower: I to 1.75 ewt ' vti.Di aa. fip-ta as to it-l fianknfl Tied river 1.60 to 1.70 ewt standards If 1-2. Idaho sacked Russets 2.00 to 2.J5 Eggshigher; flrsts M to 56; ordinary ewt. firsts 40 to ou; mii-euRnepu a io o; refrigerator extras 41 to 43 I8. COTTONSEED OIL. New York. Dee. 6. Cottonseed Oil I closed steady. Prime summer yellow c r IA nrlmt rrmia 00 hid: eember 1.25; January 8,42; Februftry pendtnee square will bt removed, City 8.50;-Mareh-8.8?; Apru s,f?; aay j commissioners io"oay mprninr jsfu- New York, .Pee silver 66 1-4. Mexican dollars 50 3-8. SILVER 5. Foreign bar STANDARDS AROUND ZONES TAKEN AWAY S'SKS iTJSWii'l." " " NEW YORK POULTRY. New York, Dec. 5. Live pueltry ir- gtandards anl chains around the safety sones on le near eioe or ina' Dressed tasir; wej 44; fowls 17Mo 84, western chickens 23 June 9.00; July 9.13. Total sale 6,500, Commissioners ing the order for removal following dis- LISEJiTY BONPS. New York, Dec. 5. Liberty bond3 CHICAGO POULTRY. Chicago, Dee. 5.- Police, alive higher; fowls 14 to 24; springs -, tur keys 33; roosters 16. cussion of the question. Mayor waixer I Qjosed: 3 iT2s, 96.50; first 4s, 97.70 Kaia the stg.naa.run c.ue Bwnwmiw na; secona , om; nrst x-s. to move Jn single Ale. thus adding to 97.88; seeond 4 1-43, 9T.70; third 4 the congestion at the center Ot the 1.4s. n.U: IffiStl&h l ft J - The county' commissioners have no notion of paying the $7,000 different which the State nignway cum. ..... has discovered between what the eounty has paid and what the State has paid, respectively, for the comple tion, of the Matthews hard-surfaced road, it was indicated at the, meeting of the board Monday. - It seems that the county has paid its half of the total cost of nearly $400, 000 on this project - and- when the State had thought its half had also been paid, a difference of approximate ly $$7,000 was found to exist. . Chairman Page's office has Indicated to the local authorities that while the State thinks the county should mane up this deficit, it realizes tnai at utsi it is nothing more than a moral ob ligation. The county commissioners contend that the obligation is neither moral nor legal, that they have, paid the half of the costs as figured by the State and verified by their own ac countants and that if there is an un paid balance of $ T.OOOr it ia due tono mistake of theirs. " TWELVE KILLED IN WRECK. ' Philadelphia, Dec. 5. Twelve persons are dead and a score injured as a -result of a head-on collision f local passenger trains today on the Newtown Drancn ul the Philadelphia and Reading Railway near Paper Mills station, 16 miles north Of this city. The forward cars of both trains, which were of wood, were badly smashed and' caught fire, adding to the horror of the accident. parliament for the South of Ireland, '""?!. proposed in that art. They adhered t' their own Irish parliament, called th& Dail Eireann, which they had set up in-' dependency ag the governing body .of the Irish Republic. - . That was the situation when tht truce began . last. July, after Kin George had made a conciliatory speech ' at the opening of the new Parliament in Ulster. ..: , . X The purpose of the negotiations just ' ended as defined by Lloyd-George and5 accepted by the Sinn Fein representa tives, was "to ascertain how the asso-s;: ciation of Ireland with the community , of nations known as the British Empire, may be best reconciled with Irist nation- al aspirations". . .. . - - The conferences began frr July: Both siaes have at ; times entertained highe" hopes of a firjal ah4 satisfactory . settle ment probably than at any time sinci the Irish question became a thorn in the side of the British Empire, but there have been several Crises when the negotiations seemecj doomed to failure. The first of these occured when Lloyd-George offered to de Valera at consultation in London a form of self government in Ireland something like that prevailing In the British Domin ions. The Dail Eireann utterly reject . . ed this proposal on the ground that it . r1f1 Tint Q f fnir1 avavt crAnnfna ilnminln- 'A " rule. For a time it eecmeJ that t ' deadlock had been reached. . Lloyd-George .endeavored. to resunu x negotiations but this move seemed like ly to be balked by de Valera s insistence , that the Irish delegates to such a con-,?;, ference must be, accepted as having , derived their authority from a fr?e and-,, independent Ireland, The British Pre mier refused to concede that point as.. , HC QtUUi II. UUIU tUllDUVUHS tt l-CViVJfJIl-. y, tion at the very outset of Ireland--!,, claims for separation from the British.,. Empire. .' This obstacle was overcome by the m two parties agreeing ,uppn Lloyd- J George' formula that the purpose of the conference should be to ascertain - how Ireland's association with the Em pire might be best reconciled with Ire land's national aspirations. . if PROCEEDINGS SECRET " - i Under that formula, . meetings have-gj; been in progress since early October. The proceedings havre been secret. lj$t has been reported. , however, that Brit-j Ish representatives submitted a Pla" to give Ireland a status of "associa-' tion" with the Empire and to allow harf an almost complete measure of -1f-i.i government to be exercised by separHt'.J parliaments in :Ulsten .nd South ire-J land, respectively :.:and: bya ' Central's council jointly chosenVV';' ' : ifjS- This brought Pter, again' into th'j negotiations atid ' emiJelled Premie Lloyd-George to defer ' his trip to thoj Washington Conference on Limitatrorv. of Armament so that -he could ..-de vol a- hia-timo to an effort to overcome Ul-T, ster's hesitation or objection to -,0fi operate with the Bouth of Ireland tnj any form of common government The general understanding was thatW the Sinn Fein delegates insisted that;.F there must be no partition of Ire'nd;. into the North and South with difterSf ent, forms of government and difft-i'tnt W Tn vannniia l!lAH- lAn fl v vIPW." points. Lloyd'George Invited Sin' James I Craig, the Ulster Premier, to cww to;1 London in the first week in Kov.rnerI to talk things over. The situation wa.v eo delicate tliat Sir James 1 3.3 '.red the p support and advice ot other ITt-jtcr lead-- ers and finally all the members of tha Ulster Cabinet were .called to London. T'niAiilif nninion in TSnrlind has been-! steadfastly against any "coercion ff? Ulster", It was generally concr-ded that .f one. of the most difficult stages of ne- irotiations had been reached. INVESTIGATION IS BEGUN. Eufaula. Ala., Dec. B. Barbour coun-.rJ ty grand jury convened here this morn-.j ing to begin investigation or tne mur-aj der last Friday night or Saturday r.iorn-v ing of J. 8. Willcox, of Birmingham. state insurance agent of the Mutual Life. Insurance Company, whose bodyg showing evidences of death by chokliig.f was found Saturday morning in a Pit;$t of a town known locally as "The Bluff." RECEIVER'S NOTICE TO CREDITORS Af North Carolina, Mecklenburg County.-f Ben Goldsmith, Plaintiff, vs. Phillip Myers Kline. " trading as Charlotte Lather Finding" CO., , Defendant.!?- Under and by virtue of an order tffS the superior court, all creditors olf Phillip and Myers Klint. partners, d'J-i'i .ing business under the name of Ch.r-Kl Ictte Leather and Findings Co., ; 32J South College St Charlotte. N. C are hereby required to file their cla!msrv against said insolvent company wRhfihf the undersigned receiver,, at his office. Nob. 406 and 407 Realty Bldg.. CharwS lotte. N- C., on or before the nrst of February, ,1932. or they will ne5 barred from partieiptating in the dis-rf tribution of assets of said company. & This the 5th day of December. 1911.. C. A. DUCKWORTH. tt Receiver, Charlotte Leather & Findings 406.7- ueaity iag.f unar- a i2-i-4t-moil A Company lotte, X, C. LISTEN Every individual, firm or corporation should have a eheckjna; account here for convenience in paying bills. The cancelled check is a never-failing receipt, ajid a,, perfectly ac curate record of your . transactions. v. . . Your money is absolutely safe here anM you run no risk In' losing it by fire or theft We welcome new accounts whether larga or small. Open a check ing aecount today. - - Four per cent interest paid on Savings Accounts. per cent cent paid on Time Deposits. " ' ' Charlotte Bank and Trust Company 214 East Trade Street. ; ; M. A. Turner, Pres. W. R. Foreman, V. Pres. J. H. Leech, Cashier r
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 5, 1921, edition 1
15
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75