North Carolina Newspapers

THE CHARLOTTE NEWS, CHARLOTTE, N. C, WEDNESDAY AFTERNOON, DECEMBER 14, 1921. 15 LIVESTOCK COTTON GRAIN ftTARKET QUOTATIONS; FINANCIAL NEW trtJft 2fTLflPLETB MAgffBT FAGE PVSUSHED Of T23S CABOL1NAS. EDITED BT 8TTJART P WEST Fr II Ymn Andil Etitoe TW New York fikta. CURB -BONDS CTOCEfl STOCK MARKET IrEMAINS STEADY (iiMieral Rise in Prices flint Tendency of Groups I Was Upward. 1!. v'l l RT 1. WE"-T. i!)l irrf:miiHent cf 'I'lir New. -I ' Sew York. Dec. 1 . Th !; i today slill was very far : ., ii c ideneo of 'lie down ; uhicli professional Wall ;!; I'fi-u talking about for near- ::': now. There iva. no gen ji iniccs but then a general .., vi.rn! nowadays either op or .. er.v exceptional. The grown .,,,,;; .lii.li are the moilern st le s....-tjlytive market, continued ' . more important ones were o. I Features r . f J i r I t t V t k t 8 T t. s ' t i - 'it ! a. . ri tl la de 's ' dv ap- a F;. at D: tfc- tli. of of tu i it in m is 1 i. ara c -r'x-1 t'v :':..'! the present market !y professional ami that is playing a part in the - u; of prices. Ku; '.n feature, while ignor :: 'n.o-e substantial fact i! Street situation is poo s i-riti.h-m. The main pi ofesio!ial manipulators ai)le to put stoeks up ;my keen ft'?sire on tne holders to sell an I tii. -re is no large selling, rt-e months of advance, the iig buyers 04T last early autumn do 1n.1l ni a? yer over-iiieayuro-J en:, actual and nrosnec- ' bu Mn.-ss conditions! the least interesting- day more in most of the re 1 : ion in the foreign Monday's excited out- I r.i have run its cours.j ;is morning- there was a ;.iying in sterling, francs ' much more cautious market seemed to : lv slio.-k occasioned b , v:l - i-rop estimate, whi.Mi n "f Agriculture put out s vi!ay. Tn this it was '" ov the statistics of Uiiiptton during Novem- inu. h larger demanJ man had been reckoned ::--- as apt to have little oeriort ot the December aim again perhaps to. .n, whan funds are being me January settlements. t"i. t.ui a rise ot tins sort ie ta.cu very seriously y is being offiered feely at inti-. manufacturers and aiwajs uisposeu to go reason when taking" their ories, the statement in the oi tne iron trail? that !'al!'"M off somewhat, is nee. it ts. in fact, quite lopment. The placing of steel ran tonnage is again '!-veland Iron Trade Re o:icc niurc tlie fii'.nJainen Hi" situation when it evioenoe that consumers' u nl noil ami that this as t'.ow of general business. tic ot a professional .re rapid shifting from another. While profits i'i the Mexican oils y's leaders thev were i.tt. 1 'a'.il'ornia f't-troleum American Hide and re actively bought bo ;o'.mce in the price of : the stock yard strike. higher but as a rule this prominent than on. pre ,(u(rB;! STUART 1. WEST. Copyr.Rht. 1021, hy Agtrw PablJ.b7s Co Ti?lM? rHAU'-H niVIDUMJ. 1 he declaration of the regular div". ond on Chandler Motors caught tlie trect ratlier unprepared becau-fe rig-U reePn'l ' ',e .las.C lninute Uier(-' was a feol.ng- that tite rate would be cu. ti the announcement from Cleveland ml it shot .forward to 7,2. A director '1 the company who left' New YoH UU night to attend the me-t;n- e ?Lfs,ca. Wmselt Uoubtlul right up to th last minute. This mat. said, ho, - wouiu vote for the ment of the regular rate 'should s.:uwn that the crtiiinj,.,. ... orders on hand f orrQ first Vu-Vter o , ' " 'OUld jt.uru u. cover the. present 1 or- une j or tne first The action of doubtedly means that i. on next year tr.ev i FURTHER RALLY pa,y t he -r . . Jirst Prices Up 16 to 33 Points; Prices Drop Back But Volume Drops. Co earn and alo three months of the directors uti they are oolimis- s business and in -it expect, a ie. ;.-iu,i r. .. K.-t.-A.. .1. ini (lit in me auromooile tile turn of ItJi'i'. business wuh lure the California ccme up. tor the CAM I'O H X 1 .. I'ET HOLE L l , Sometime within the iw,t , - question of a dividend of Petroleum common ,-. ... There is no scheduled dato meeting ti a.-t i, , i, matter, but the i veyuA x,l:t tot be long delaverl r'Jii' is almost surelv soi!.;- The report is of sent.inien: siiomd of a oiler partv wants tho ... i. .... leri. re ; :-r.l i rue oi tne steels in 1 "'.. was laKcn oi tne earnings : " :r : nnarter. which although : ! .i-iicli better than those for : - t r ci iiing- will still not make - "i :;. nig in the actual results. : !i. ; Mci.ors ran up sharply on the ; -'. ; o fi.he regular dlcidend which a good deal in doubt. " ' : y wen l on trading (juieted wi in Uu greater part of the list but .'i.e.,. the rise was busy with ."' "i'cialties. Among thee were is. the zinc stocks. Key Woolworth and Associated ''i i'i" oil stocks were favorite .':"i mere was no question or those stocks are confident ".:.-. : advance of prices in crude "' "ed as well as early in the ,r- 1 e situation - in the zinc in 1 si i otLen been described that - be familiar. The reduction "! hanging supply has been even u p ri in the ease of this metal than ' cas-, ot copper. tl at it will Icrnia Petroleum "I on tne divirlenrl lioi- tl.at there is a division uirectors as to what - luat uiu' panv is in favor partj- wants the rate 1.1 i.o seem Jl ? ' A ,LU,ei" evt it WOUicl seem as ,f California Petroleum has sudden move upward followed a loir period during which the stock has b--t'Zl J,? a '"anner to discourage and t.re out hte speculative crowd It oas not gone nn ms ;i c,i,i,i r"""1 siocks. What it lias had have been reeded by sinking- spells California Petroleum has in a. manner calculated VJUUIIV OUt iwm e acPimmlolinn pioceeding. The siatemenT fo,- ti, Oil to By STUART I WEST Staff ton-fspoadi'Mt of Tlie Xews, toi;..Ti-iSlit. Jii. by jew, PublisUint .evv mre. uec. ii. There was ; tmtner rally in the cotton market a till nv.fln . . 1 . . ., .... IUUJ. owing 10 tne .ontia- ued nrmness of Liverpool and sur- :iisiiigiy uuiiisn hgures on donie.-,t fjincmnnl i ... r .. .i .. XUI lut! !H0lll &r .(,V(..;1. i' ii-si prices were lirui at a a va nee of 1 to points with Jan T-"..y al J.. i.) and March at oi auout .j to U.j points a'oov tne low prices touche-J following tl Muuiiiuuuii oi me crop estimates Mcnday. This vecoverv seemed rceet considerable selling. .There v, sc.-uteved selling for southern aecou .causing and probably some liquidation - uiun ions accounis which had be carried over the break but which' i.a been waiting for a better opoort u-iil leuucmg comniitinents. Prices ta&ea wfK to about last lufiht's closii. m .-.i. .ui.- m euiiseiraexice out it no'tc-td th.,i the volume of business . red olf materially on the declines. -es.iing thyt bullish features were citmly pronounced to discourage grre&sive selling- for short account the private cables received from erpool said there was a better ma no from t tie Continent and of them reported light offering-.-;, etgn houses were buvers of n.uiiius litre pur mere -nvtipooi selling oi winter I resumably to undo straddles. was was tap 1.4 U" sutfi iJg-Atl Liv dc most For . late some .ions. CHARLOTTE CO'i'TOX. Receipts today, -15 bales at 17 b. June unices quickly sue In a. word been handled to keep th-j! waa inn , ,"ucu oeptemoer u was r ..,i.Mf considering- it hud covered l "i&t oL.tne on trade showed over nine per cent u,c ,a;e ot i- per cent for the improvement in the ii.oncns win certainly aciy more than 12 fc-rnia Petroleum bring-dends tn surplus available up to 15 per cm. slump. it earned or car. last t hree mean consiuer- per cent on Caii common. it mav for divi- TAX SELLING. -l - r , s u; wilole market nearly "a . losses mat were worth taking tor tax nurnoses. Tliis -i-d.. . - ' Li. I L IS atuuivs tiiai are down. Thus tax law works against the unfortun of the share list, while not affecting things that have been strong. Witli- uouut mucn ot the sell ne- in the riie T ..... . ... .. . t ittiis ami mi i-:?';.c l.ii,-.-..-,,.. iU ,.!,.; , .vicociiLO luc -"""s out or accounts tor tax pur poses, for these are the stocks r. -1,-1,;,. tne big losses have occurred. In the same way selling to register losses for income .ax statements tends to accentuate the weakness in the industrials like Ameri can .Sumatra and th i.mrj -i,;..v. ..1- , ; "O"' ' WHVH rtJlUW k lenye oecnnes irotn twelve ago. the the ate the out like the ist. months - I L.ive StOCK ' i I w Some m: Q). u- r 1 to I tit J w si UIKK PKOVlslOXS. Uec. 11. Butter wed; ;. luguer than extras 43 1 aniery higher than extra3 4." ' i-eaniery extras 44 1-2 to 45 : firsts 3 4 1-2 to 43 1-2. ims.'Mtied; tresn gathered extr: oS; do. llrsts o to 00. rru; average run 20 1-2. 1 1 11KAGO POTATOES. ". 1 r-c. It. Potatoes steady -n round white sacked J.-;; round white !." -wt. sacked and 1.75 cwt. sacked and bulk round HIfGO PHOVISIOVS, 1 10c. 1 1. Butter f-tras 13; firsts 31 to standards 2". lower to 41 STOCKS & BONDS Hnujjht and Sold on ' nvsprrallvr Margin" fMMONS & COMPANY M'inbers Consolidated Stock 'vvchaiijre of N. Y. EVERYTHING In High Quality Building Materials pTT A renled house Is a W horrowed home, he in-- teresf you pay on bor ' rowed money doesn't '""lii.v your (!linn- it 1 ; nor iIopm the rent you ,IIJstilV VOI! in leilHno "" landlord's house your """!'. Rllilfl vrinr n 1, 1. 1 be a permanent nip ni 1 x . 'ion 1M i fsitp, t of your place coitimu- CITIZENS Uimber ComDany South Boulevard , iones 3472-3473 "pyrisht. l!2i. by tTS ni5i;u.i Linon Stock Tarda. I'liinuc-n n,., 1. improvement was ririri in ket for good cattle todav wliil Ho-c were stronger .Shippers have taken more ouks uui ot nere tins week than they ..cl, uv uiiiie weeK npi nre m ti- .1 ol tne trade. hi e sailors hri man lt.uuu stale yet trade feeding goou 101s going to the country at $10.25 nie striKC situation was this helped the trade. receipts of live stock at the Lo.ii were estimated at S.000 cattle ''0 - r.lw' lD'vlMJ sneep.and lambs 2,000 calves. CATTLE : his more hogs on hand tmiav was better. The demand for lambs continued stroncr. snmo quiet and local yards 20,- and h as reac- aftav ,VI?w vRi coitox. New ork, Dec. H.The cotton mar liet opened firm at an advance of 1 to points today owing to the eontia ued strength of Liverpool and larg- uuiiicmiu consumption ngures for the inoiiiii ui ovemrer a vo,-.r.t ai 1-.,- n,.. rr,c-,,o r .. '" .r .oc ,-r- ju. cau. aanuary sold up to X4.u aim iviarcn -to 17.43, making a recovery of 65 to S3 points troni the ievei or yesterday but these ures met scattered Southern sellin ne.i as realizing which caused tions of 10 or 15 points shortly ine can. private cables reported Aian- cotiei- ana continental buying in Liv C1 1'""1 "'in smau ortermgs from the south. Houses with foreign connections were buyers of late months but the-e v, .., .some selling , nere Tor Liverpool The market was less active late: with prices working- gradually lowe; under scattering liquidation and a litt't .-cuLiit-iii seinng. January sold down to 11.10 vitn active months showini 1"Zlf ln:.r. n C X 1 f . - "-i. iooco ui aoouc nve to six points toward midday. Private advices from ,c,v vMie;ins complained of a poor spo ur-;duu anu local rpot brokers said l 1 1 e 1 e was plenty of cotton offering li the fcouth on basis but few buvers outnern selling here, however. ir seiieraiiy uttriouled to fur lcel liquidation on Jong- accounts, than Lo iiru-mus against actual or increased ui pleasure. i.trtiuiLf, mac over (.000 bales of uu 'een snipped out of tne luul slock, ana continued activity in southern mills gave the market a firmer tone during the afternoon. ar-d prices went back to about the highest point of the morning. This bulg-e was not tully maintained, but the market was steady around 2 o"clock. with onnuai.v at ji.jo or lb points higher. AKW OJtK Fl'TL'BRS nei Xr vv- ', tm, Dee. York, Dec. 14. Cotton Open 17.K0 17.40 17.40 .17.19 16.95 T.irch . . . 'ny .... uly K ORIv SPOT COTTOX New Vork. Dec. 1 4 r,,-.t steady; middlina: 1S..00. 1 7.7.) 1 v.r. t 1 7.50 17.30 16. 9S Low i 17.1 -. 17.14 17.02 lfi.CO close 1 Close I 7 '. o 17.4S J7.4S 17. 2S 16.S0 cot ton iooa cattle were wanted nn,i prices were 25 cents higher in many -i-ui-o. j c,.4 i iiuice neavy steers were in ... in. dome cnoice yearlings went over at $10 to $10.50. Cows an dheifers sold well at values that were steady to to ceii is, un out canners were again slow. " ou ji-. noiogna ouits were strong to 25 cents higher yvith best lots lioniii around .-?4. calves sold 25 to 50 ; . - ?mau Juyers paying up to ju.o 10 ?iu.ou while packers gave $10 tiiviuc cuieis. I1?GSJ llos- Prices started fully as hi TV i 1 l,me 01 Tne day before and the trade showed added strength later in the session when choice 150 pound stock .vent at $4.u to ST. 60 while 180 to 25 uvuuu iterages made 57 to $1.25. The general trade was up lo to 15 cents at .ne west time out rough packing hogs did "i i-ne gain some ot these at $5.25 to $5.50 with good lots at tia,iyf: sjneep trade was slow tor cnoice stocK. Steady values 1 or Dest iambs, but plainer uown i cents in many spots. Best lambs weie lawen at tu.uO to $11.25 while aged muttons were slow at weak prices. groin $6.50 even were paid sorts were CHICAGO LIVESTOCK. Chicago. Dec. 14. y ji ijuiij: receipts s.000; beef steers steajj to so higher: top yearling- earlv v. uuiik ucc i steers .ou to x.:i sic 10. siock steaay to lo- liigner; bulls stock ers and feeders 15 to 25 higher; veal caives o to iugner. nu.-s: jteceipts zu.ooo: fairly active. iu to io iugner tti3n yesterday's aver , T C ft .-. -I . , . i.uv iu iii'.i-puuna average: otnK isu-pounu nogs and up 6.95 to i.-'j; prgs mostly 10 higher; bulk de sirable 7.50; some at 7.60. tsMhAtjr: Keceipts 16,000: generally , a ouu iai jainDS mostly around 11.00; some held higher: chi'oee kind extremely scarce; sheep slow; no earlv sates; comeback feeder lambs early IV. -o. ex FOREIGr. EXCHAXCE. Xew York, Dec. 14. Foreign change irregular. Great Britain (par $4.85 5-8 p-r pound sterling): Demand 4.19 1-2: cables 4.19 u-8; 60-day bills on banks I. lb i-. France (par 19.3 cents per franci. Demand S.15 1-2; cables 8.16. Italy (par 19.3 cents per lire): De mand 4.56 1-2; cables 4.07. Belgium (par 19.3 cents per franc Demand 7.82; cables 7.82 1-2. Germany (par 23.8 cent? uer mark): Demand .56 1-2: cables .57. Holland (par 40.2 cents per suildri- Demand 36.35; cables 36.41. Xo'Wly (par 26.8 cents per kron): Demand 15.14. Sweden (par 2C.8 cents per krone): Demand 24.50. Denmark (par 26.8 cents per k'rona); Demand 19.10. Switzerland (par 19.3 cents per franc): Demand 19.2S. Spain (par 19.3 cents per pesota): Demand 15.05. Greece (par 19.3 cents per drachma) Demand 4.20. Argentina (par 42.14 cents per Ar gentine paper dollar; : Demand 33.00. Brazil (par 32.45 cents per paper milrei.s): Demand 13.12. Montreal (par 100 cents per Canadian dollar;: 92 1-16. SAVANNAH NATAL STORES. Savannah, Ga., Dec. 14. Terpentine firm, 74: sales 208; leceipts 203, ship ments 114; stock 12,682. llosin firm; sales 1,382; receipts 1,124: shipments 225; stock 81. 685. Quote: B D E F G II I 4.00; K 4.80: M 5.20; N 5.35; WG 5.60; WW 5.75. XRW YOHK Xew York, Dec. slfady; turkeys 40 Dressd poultry rbanged. POULTR1. 1 1. Live pouitrv 1 lo 50. . quiet; prices un- XEW ORLEANS COTTON. -New Orleans. Dec. 14. The larsre consumption of raw cotton in this coun try during November. 526,610 ba against 49 4.745 in October caused heavy buying- in the local market for cotton today and in the first half hour of trading prices rose IS to 1 .rr,inr.j. January traded up to 16.58. Better cables than due were also a sustaining- influence. Moderately, heavy selling-, based m reports of quiet in the spot market wiped out all of the early gains and put the more active months five o seven points under the close of yes terday. January dropping: off to lb 3 t'eward noon the market strengthened on predictions that higher sterling ex change would result In a much belt -r demand for cotton from Great Brita;r and prices went back to about the highest again. In the early afternoon rumors that a private bureau was coming ou; with very lig-ht returns on the amoun' of. cotton g-inned during the seventh ginning period, just ended, put the market to its hichest IpvaIo i,,i,a n,. 1101 M.uuu at net g'ams of ' points. January rose to 16.6B." Orleans, Dec. 14. Cotton closet ai net advance of 25 to New steady I eints. Tec. . . . Tan. Man eh Alav July .. NEW Onn 1 1.'55 ' 16.55 .16.68 16.65 .- 1C.33 ORIiEAi. TTierh 16.73 16.75 16.90 16 82 16.51 SPOT uOW 16.39 1;.3": 16.52 1 i).4i 10.. 17 to Clo T6 I 0.1 z In 84 1 1; 16.40 . t o Wall Street Yo;-k. Dec. 14. Oils gave prom tne opening 01 todays stock ot pxteuumg tneir manv ad of the previous davs 'ti,H0 Xew is? at market Vinces yt.-nueut steels. tiiso equipments and utilities, were active and high rails tun coppers easeo sngntiy. -Standard Oi: of New Jersey, Calfiornia Petroleum and Pan-American "B" were 1 to " 1-" points nigner. Baldwin Locomotive. Ci-ueiblo Sle am; rcupie uas rose one to two points. Motors, rubbers and shippings cie 111111. ci-iLisu, r rencn. Italian and uei man exenange rates rallied moder uteiy irom yesteruay s ntial quotations. j :itr ie.iuue 01 im- noon nonr was tne .. 1 - point rally 1:1 Chandler Molcr on ueciaration or tire regular dividnd viuys uveriand preserved. Chicago nicumaui: .1 001, moe Leather pre- lti.ea. uaiuornia r-acKing. Lnion Oil and American Telephone coniprised the oiner strony issues. The closing was firm. Liberty is sues strengtliened. out railroad bonds gae you to turtner pressure. Sales approximated soo.oou snares. NEW YORK Las Allis-Chalmers . . American Beet STOCK. Sale. LIST. :ati Car ,v Foundry . Hide Leather I nternariojiai Co Locomotive . . Suit 1 ting Sugar . . Sumatra T. & T. Tobacco Woolen Copptr I tidies & lief. . Tobacco Ll!l ugar American Ainericfin J- mericaii A nrerican iiiH-ricaii Anif rican American American American American American Anaconda Atchison Atl.. Gulf & Baldwin Locomotive . Ea?tii"nore & Ohif) . . Bethlehem Steel B .. Canadian Pacific . . Central Leather . dandier Motors .. Chesapeake & Ohio . Chicago, Mil. & St. 1 Chicago. 11. I. & Pac. . . Chino Copper . . ... Colorado Fuel & Iron . . Ccrr. Products Crucible Steel Cuba, Cape Sugar .. .. Krie Genera! Flectric.. .. General Motors .. ,. Goodrich Co Gttat Northern prd Great Northern Ore ctfs lllisois Gestral . . . . Inspiration Copper . . Int. Mer. Marine pfu International Paper . . Kennecott Copper .. .. Louisville & Nashville Maxwell Motors Mexican Petroleum . . Miami Copper Micrile States Oil .. .. Midvale Steel Missouri Pacific . . . : New York Central X. Y., N. II. & Hartford Norfolk iSL- Westerr .. Northern Pacific . . Oklahoma Prod. .. lief. Pan American Petroleum Fennsylvania People's Gas Pittsburgh & W. Ya. . . flay Consolidated Copper Leading Hep. iron & Steel . . oyal Dutch. N. Y. . . hell Trans. &- Trad. .. Sinclair Con. Oil . . Southern Pacific . .. Southern Railway .". . . Standard Oil of N. J., pfd Studebaker Corporation . Texas Co fexas & Pacific .. .. .. Tobacco Products . . . . rranscontinental Oil . . . Union Pacific .. .. .. . S. Food Products United Retail Stores .. . S. Jnd. Alcohol . . . . U. S. Rubber . S. Steel . tah Copper Weslinghouse Electric . . Willys Overland . . Pure Oil tlantic Coast Line . . Coca. Cola . . -. Gulf States Steel .. .. taboard Air Line . . Sloss, Shef. Steel & Lnited Fruit lrginia Caro. Chem. . American Tobacco . . . American Zinc Invincible Oil International Harvester General Asphalt .. .. Iron 3S 1-S .. 27 1-S . . :,"". 1-8 . 1 is pfd u ,1-2 p.. -M 1-2 . . t-2 . . . Hi 1-2 .. 51 . . ::i . . 117 X3 :V-8 . . 19 .. 91 1-- .. .12 ,1-S . . . 9 6 1-1 .. 35 1-4 . . 59 . . . 121 1-4 . - 3 I 3 t . . :i . - 55 1 -2 . . 19 3-S ' .'. 2S 5-S 94 . . 6S 7 1-N .. 10 3-8 .. 142 . . 11 .. 38 .. 7 1 3-4 . . 33 1-2 99 1-2 . . 40 7-. .. 4 1-2 . . 5 1 .. 10S 119 1-2 . . 2" m-S 1! 3-4 .. 2S 3-8 . . 17 5-8 73 1-8 . . 11 1-S .. 96 7S 5-8 :: T-v . . 57 l--j . . .58 3-1 . . 25 . 15 1-2 . . 7 i 1 -4 . . 53 . . 52 1-8 . . 3! 3-4 . . 23 1-1 . . 79 1-2 .. IS 3-4 . . 113 1-2 .. 10 f.-8 .. 47 1-4 . . 23 5-8 60 3-4 .. ii i-s: . . 12s . . 10 7-J . . 53 I 7 4 56 . . 83 7-S . . 65 51 i - . 6 . . 39 3-8 . . 87 1-2 . . 42 3-8 . . 47 . . 37 5-8 .. 127 . . 29 1-S .. 134 . . 13 1-1 . . 11 1-S S3 68 1-2 7-8 :n leans, uec. 1 4. Spot cotton tuiet, ..) nigner; sales on the spot 277 "lies, to arrive J00. Low middling 14.75; middling 16 good middling- 17.7?;. Receipts 6,061; stock 4 01,702. LIVERPOOL COTTON. ... , ..1 (iuui. un.. .1.1. uoLioii: spot 111 ia 11 ueiuanu; prices sready; good niid- u .tig ji.; iuiiy middling 11.16; mid uiiiis ni.iti. low lniddlmg 9.76; good uojiiiai v o.ui; ordinary 4.6. aies o.uuu oales, including 4.S00 American. neceipts iu,000 bales, -iuuius j-j.uuu -American. Futures closed barelv steadi- 1 1, cemDer io.:jS; Januarv 10.61- Aiaw;, u.oo. jnay iu.4s: July 1535; .September J.V.V1, uuiouei- a.js 1 . in- Cotton Opinion -ew lorK, uec. 14. There has been very little suggestion of weakness aoe.ui tne market todav m snite of inc. fact that the opening advance did not ncid against realizing sales and offer ings mroug-n .ew Orleans and South ern houses. Much of the demand has ccme irom the trade, which evidently dante some cotton but is folinwme- tne poncy or waiting ot be sure that tne run enect of the estimate has maae itseir rent on holders before buy ing. Advices on the drveoods trail were lavoraoie both for foreiern an.l domestic markets with Augusta record ing two million lards sold bv laree mills there and a fine demand from jobbers. December was relatively strong-. The local stock lost ten thou sand bales with more to go, according to spot people. Exports were heave, amounting to ninety thousand balcj, according- to reports so far including 500 from New York to Japan. Japa nese interests are said to have shipped 2S,000 bales out of what they received on October delivery. 1 lie large con sumption figures and the loss in ' the local stock with increasingly favorable trade advices have been the features of the nevs today and are reflected in the firmer tone of the market. It is said by some that plenty of cotton is offering in the eastern belt on basis but no demand. The market-, however. !oes not suggest any pressure from 111, easy spot hloders and the average 1111 of spot news Indicate that there are buyers for every bale offered in most sections of the belt. POST AND FLA.GG. Bond Market By STUART P. WEST Staff Corresnondenf, nf Tho Nwa Copj right, 1021, by News Publislilns C0. New York, Dec. 14. After its fa orable response 011 the two previous lays of the week to the sudden rise in tlit foreign exchanges and the news or the Washington conference 1 te iiond market settled down todav an.! became less inieresitng. ' The United Kingdom 5 l-2s of 1937. the leade:- nf the group, rose fractionallv abo;-.? its best price reached vesterdav. but o: h -r- ise the foreign sfovemments icrrp little changed. Japanese and Chinese bonds ane5. ths Republic of Chile 83 of 194b lost ground. Liberty bonds ad vanced again. Other sections of the list were irte.-;-fiar. Industrials and rails were about equally active. The coppers and Lite and rubber issues were steady. Tele phone bonds, especially the AmercMn Telephone and Telegraph' . .s did a bit better. On the other hand, . such fa vorites as Marine 6s and Duquesrie Light 6s fell off. The selling in the railway list occurred chiefly in the weaker roads and was due to (he desire to register tax losses. The Ht Pauls nad the Fries . continued weak and one-half to a point decii-ie were made, by Rock Island g-eneta! Is. Western Maryland 4s and Wisconsin Central 4s. New Haven Cs. Oregon S'hort Line 5s and Missouri. Kansas & Texas issues were "among the rails which gained ground. New York Rail way 4s certificates were up two points to around 26. The Great Northern Railway todav applied to the Interstate Commerce Commission for permission to use $30, 000,000 mortgage gold bonds to mature not later than 1952 and to bear 5 1-2 per cent interest. tnis application b; Great Northern had been anticipated to-- some time in railway banking cir c-ie. 1 ne oonas win tie sola to a syndicate for disposition before March 1, 1 9a. Half of the issue will be issued for payment of indebtedness to lie Government. $2,800,000 for payment in iirst, mortgage Donas of the M nn upous union ttaiiroaa and tne remain der ior general improvements. Hairis T . 1 . .. . .a 'ni v VjO.- arm associates avo onering $2,000,000 Los Anceles school ?i strict 5 per cent bonds. Grain Market Copyright, 1021, by Sew. Publishing-to- Chicago. Dec. 14. The wheat mari"t was erratic today. The opening was arm but this demand was soon filled up and prices dropped over one eat nelore commission houses nhPbo,r.i, decline. The selling was by elevator .wicicoir, ttn.j easn nouses earlv 1 ui a is inclined to be bearish ismg caution 111 makin Lastern houses hone-in 01 lra.lv I Meeting Calendar j THURSDAY. 1 p. in. Kiwanis, Chamber of Coni- 12-2 p. m. Bazaar. Julia Jacson Chapter, D. A R.v Veterans' Hall. 3:30 . ni. County committee Colonial Dames. Miss Julia Robertson, West Trade street. 7:30 p. ns. Boy Scout court of honor. 5 p. m. Boar.l of directors, Civitans. Chamber of Commerce. 7 p. m. Blue Ridge Club monthly meeting, Y. W. C A. . wttn 1 but extr- ooinmitmeriis. wheat on liie J - - ; I Pllrln Moi4rA I pr rai: power little, news Greek the 2Cth also said by ohm iaLtri- mprp wa i,,,-irir,n. : , r . " "u.' "'8 v uiessiunais. anti th e n.,,,.,.i fcllj to opening evels. The n,,,-,,,,,. gave out and prices eased a seaooard had much bullish to offer. They reported Ch oicer having baen advanced from to itin ot December. It was tnat some Gulf and fair,... I Dry Goods Market By STUART F. WEST. Stat? Correguondent Of Th m Copyright, 1821, by Nr PublltshluK Co- New York. Dec. 14. There was sonic revival of buying in the gray goods market todav under the stimulus of rhp higher price of raw cotton. The opin ion prevails that cloths of a.11 kinds will be higher in Januars- and Ferbu ary and that nothing is to be gained by holding off.' Mills apnear to he willing to wait for buyers this month especially in fine yarn lines. PrirtAK of print cloths continue to hold verv firm on a basis of 8 3-4 cents for wide 64x60's and 9 3-4 for 6Sx72's. The expectations of big business during the early part of 1922 is the basis of uui:siuprauie ouinsn seuiinient winch is tending to offset the temporary scare caused by the government crop esti mate. - . . V (If 'JT 10H 1-.-.,-. t i 1,- T. U wo,te ror export ear- J Minneapolis and Winnipeg- cash markets opened firm but the former r,rifet Z?s oK one ient to two terns later with a slow demand. Csh PMniHims in the local market were slow MJn,m" dand for wheat war. slow Sales of Uo.woo bushels of S;hV, WPre .,l'lade Lo- SO to store. De ' -6 000 h" 1 VeCeniber -ontracta were ..6.000 bushels. Latest advices from ndia say that owing lo the free arr.v- iiim-. -aigoes grain met : "ining ainicuities the wheat. Corn had an e.isi- ti-.no ... . less under tne ii.lluence of wheat- was I'ominisrfnn nr.nca 1 i 00ii; .n.ucc ttiia local IV s- ile c,asil houses sold Decein- uougut may. There better domestic cash demand oeiicr out most or the for deferred shipment. . . , '"-c-u 10 want nearby con:. (aboard reported good export demand tor corn. Sales of 130,000 bushels of rein were made to pt r.V . ijo un ueeemoer c32,000 bushels. Oats followed other grains K v. uu.iing ui jiiiv a mmission house and of Decern be 1 cievciior interest vvei-P J. o ''here corn Easts fcii premiums were unchan -ping demand was slow. Provisions were irregular as changing in evidence. . Chicago. Dec. 14. Although wheat puces displayed a little firmness at the opening today, the market soon against cash purchases m the South west Opening quotations, which v". ned from unchanged figures to I--' rert higher were followed bv a moderate general setback and then a !!,,,;,?.!,, I ' rv, '1 nft... -''- nil,, "'"i anci opening uncnanged cent lower, continued to sag. yjdLs aeennea starting at 1-4 ti a shade advance. j-rovisions were dull, but nor- nog lnarKet tended material setback. Close was unsettled. 1-S cent to 1 1 cents net lower. 1 " By STU12T V. WEST Staff Coi-respoudent of The News. Cojiyriffht, 1921, by Xtv PubllHbiua Co. New York. Dec. 14. On the euro exchange today, in the early dealings .here were moderate advances in sonre itsutf bu: profit taking developed and caused a reaction later. Commission houses were leys active than her.i.i- icre but the pi-ofossio-ial floor trad cm a large ousiness. seme issues ninutnced by soecial (livplr,rm..nt c mong them wasFensland Oil which was heavy on selling following the aniibonceniant that the capital would be increased anj present stoik holders would be given 'the privilege of sub serfbmg for the new stock at ?9.,0 per share to the extent of ii 2-.; pe r emt of the present- hold ings. Cities Service issues were weaker, the old common espeeialiv. On ib financing i cuier havid Imperial Oil of Can ida , rt-achi-'d a. npir hio-li in-,,.1.- i,, , r,v. - ...Q,, ...ui 1, 1,1 mr tra. dealings but reacted later. Ang'o-merii-an Oil. Sirnms Petroleum. Rv.m Consolidat'. d anl 1 nter national Pe troleum was sieady and . held sligut!-.-above the previous close during the gieater part, of the session. Among the low priced Issues a sharp recovi . in Lvons Petroleum from its reccin low i-narK. attracted some attentio.i. ; ducted -i.iuuaru kju 01 maiaria was easier aft-(- an initial advance and there was a fair inquiry for some of the h igh-pi iced issues including Standard Oil of Nt w York and Buckeye Pipe Line. There was iittle feature in th n.tu. jcellaneouf stocks. British-Amer.cu.n '! obac-co was somwdiat firmer and me j iL'dio issues were steady. Durant Mo tors was heavy after middav and a ; .nrduj ujiie was snown III i L-urani 01 inuiana. Sehulie wa- I slightly easier but. United Rttail Caucc Ibeoi steacl'. The coal stoi-ks ni-r.n. m .'. with Glen Alden fractionally lower. Magma Copper was the leader in th" mining department. Nipissing vs--s steady. Creek Pine Char- wife of was a in e v i - sold was rn buyers contracts were little nig by feat.ur.s. ed. Ship- DEATHS FUNERALS MRS. MARY WIIJLIAMSQN. Mrs. Mar- Jane Williamson, S3 wife of J. W. Williamson died at het home in Berryhiil township W?dncs day morning: after an illness of some time. The funeral services were tr hav been conducted at 2:30 ' o'cIocV Wednesday afternoon at Steele Creek church, of which Mrs. Williamson had been a member since rlhood, Rev. John M. Walker to be in charge. Aire. Williamson is survived bv her husband and the following children Lawrence Williamson. Berryhiil town snip; lurs. Lena Griffith, Steele township: Mrs. Ilattie Elms, of ville, and Mrs. Josie Wenfz, of lotte. . MRS. J. C. PECK Airs. Abbie Piekard Peck. C iJecK. Of the firm nf AV T Jn. Coy & Co., died at her home on North Cedar street Wednesday morning af ter an illness of several days with scarlet fever and complications which that trouble inflicted. Mrs. Peck was 20 years of aae. She is survived, in addition to her vere ; husband, bv her- mother iv t i. Piekard. two children, Helen Pickarc Peck, aged 5 years, and Joe Moorl Peck, aged one year; one sister, Mrs. Nell Piekard Bowers and one brother, T. E. Piekard. Two children of her late sister. Mrs Conrad, who died during: the pnidomio in 1918, also made their Mr. and Mrs. Peck, their Conrad having died within Mrs. Conrad during thc These children are Pillv I Conrad, aged 15 years and Jack, age'e 6 years, 10 whom the deceased had been as a mother since the death ' ot their parents. The funeral services will w con Thursday morning from the late residence, It North Cedar streel and will be in charge of Rev. Shufon Peeler, pastor of the First Reformer church. assisted by Dr. A. A.Mc Geachy of the Second Presbvteriar of which the deceased wa. a member. Mr. Peeler has pastor tor n. number or years. of the flu home with father. Mr. a week of i epidemic. church, formerly been her The interment will be at Glmwood. Th DR. WILLIAM L. TI LL. Chattanooga. Tenn.. Dec. 14.- Dr (.William L. Tull. of Jacksonville, Fla. land Asheville, N. C. was found dead ir I beit in a loca 1 hotel this morning. to 3- cent off strength in to avert an- CHICAGO Chicago, WHEAT May . . . Julv CORN Mav J u iV . . . OATS May - . Julv . , , PORK Jan. LARD Jan. Mav RTBS Jan. May graii Aarn pno visions. Dec. 14.-Open High Low CIos .1.11 . .1.02 1.02 -s 1.103; LOO Ts 1.10- 1.01 '2 o4is ..4i4 53?i ;4's 37s 37', 37ii 38 38 37 Ti 38 il4.75 S.60 S.60 S.52 S 5-- 9.02 9.02 S.95 S.:J5 7.55 7.55 7.50 7.50 7.80 7.80 7.75 7.75 How to Get Rid of Colds and Catarrh A Simple, Safe, Inexpensive Method That Clears Out the Head, Nose and Throat. FETED HERO OF (Continued Pron; Pajrn tie.) CHICAGO CASH GRAIN. Chicago. Dec. 14. Wheat. 1.1 4 ; No. 3 hard 1.07. Corn. No. 2 mixed 4 6 3-4 No. 2 yellow 47 1-4 to 47 1- Oats, No. 2 white 35 1-2 No 3 white 33 1-2 to 35 1-2 Rye, nominal. Barley, 53. Timothyseed 5.00 to 6.00. Clcverseed 12.50 to 18.50. perk nominal. 8.55 to 8.60. r.25 to S.25. No. 3 red to 4 7 1-4; fo 36 1-2; Lard Ribs 1VEAV YOBIv MOSEV, There must be readers suffering fro.n chronic catarrh who would like lo know how they can. stap catching cold after cold. for they must, realize, that sooner or later they may lead to deafness and other serious troubles. Dr. Blosser. a respected physician, and for years a specialist in catarrh, is the discoverer of a pleasant, direct method that can be used by ' man woman and child. H.:s remedy is made from medicinal heros flowers and berries which you smoke in a dainty pipe or cigarette, and inhale the vapor into all the air passages. It contains no cubebs. tobacco or habit forming drugs. Dr. Blosser's Remedy is effective in all forms of colds, catarrh, asthma, catarrhal headache and ear troubles, that may lead to defaness. You will breathe better and feel better after using it. Satisfactory results guaran teed. Any well-stocked drug store can supply Dr. Blosser's Remedy. A trial package (containing eight cigarettes) will be mailed to any suf ferer for ten cents (coin or stamps) bv The Blosser Co.. 40 DT. Atlanta, C!a., to prove their beneficial and pleasant effect. (Adv.) one conclusion, that the Americans ar young, sturdy, honorable. God-fearing full of faith ;:nd hope; that they art to be admired, respected, trusted by all peoples everywhere. "And of what type is t he represen tative American today? The typo you find in the American Legion. He is the man who sacrificed all to fight for his flag- and world freedom. He ia tin man who now will t-sec to il that wi hn.ve 'peace on earth, good will toward men.' "We in France 1 to keep oe.rselves tory we have won. doing yours. "Long live the "Long live the ire- doing our share worthy of the vie We know you art American American people! Legion!" Call yulinj New York. Dec. 14. easier: high o: low 4 1 closing bid 4; offered tear. 4 1-2. Call loans against acceptances Time loans firmer: 60 davs no and 6 months 5 to S 1-4. Prime mercantile paper 5 to i money rate 5 at 4 1-2; laot 4 1-2 days 1-4. SUGAR. New York. Dec. 14. Raw 3.86 for centrifugal. New York, Dec. 14. Raw at 3.86 for centrifugal. Refined " unchanged at 5.20 gianulated. sugar quiet sugar quiet for fine New York silver 66 1-4. Mexican dollars SILVKR. Dec. 14.- -Foreign bar 50 -S. JOHN W. ffODD, C. P. A. D. IT. McCOLLOUGH, C. P. A. AUDITS, EXAMINATIONS, INCOME TAX RETURNS, BUSINESS AND COST SYSTEMS. TODD & McCOLLOUGH Certified Public Accountants (North Carolina) 1-4 Galloway Buildinsr. CHARLOTTE, N. C. I ill I rhi Simply select the amount vou desire l a 01: r t 1 . .... ' ' . i Simply to deposit weekly, bring it to the bank, make your first deposit, then deposit this amount, the firt of each week a.s table below: per STRAIGHT WEEKLY Deposit .50 Each Week PAYMENTS Pays 1.00 Each Week for tor 50 Weeks 25.00 f0 Weeks .00 .50 Each Each Week for 50 Week for 50 Weeks Weeks 50.00 100.00 125.00 1'he Surest Way to Have Money Is to Save. You Can Join Now RING IN THE XMAS BELLS CUT OUT THE XMAS BILLS Ever Hear Of Joy Insurance? A Membership in Our Christmas Savings Club Now Forming Will Cost You only a very small sum. a week and will insure against being short of Cash next Christmas. And that means Joy Doesn't it? Xo red tape No fuss nor feathers. Just look over to the left of this Ad. Pick out the plan of payments that fits your purse and drop in the Bank to get your little pass book it's wait ing for you now. The Xmas Club Is a National Institution f It matters not how great or hovf rmall the income, a roll of ready cash, makes a Happy Snappy Christmas. In stead of having your Christmas Shop ping Bill3 all "dumped" on you' at on time January 1st, be paying them a a few cents at a time. Use a little of jour spare change so you can't feel it. Pay "it to yourself and then you'll have it. Follow that Urge. Join Now. CHARLOTTE BANK & TRUST CO. M. A. TURNER, Pres. 214 East Trade W. R. FOREMAN, Street Vice Pres. J. II. LEECH, Cashier I J