THE CHARLOTTE NEWS, UHAKLOTTK, X. C, FRIDAY AFTERNOON DECEMBER 16, 19,1.
UVESTOCK
COTTON GRAIN
TiT ARKET OUOTATTnw. PiMAivrn at
mz. mr r JBJ J W IHt
If T:
IN THE
KCttar ff
Kew York. Gom,
CURB
BONDS
STOCKS
' f
i
! STOCK MARKET
j SLOWING DOWN
I Smaller Volume of Trading
i nut Rise m Those Stocks
i Traded In.
It. l l MM' r. Vb l',
i n (rrrwioittl-iit of The ev s.
mi n;
V.
to
.Yews I'lililinbinc-
.-. i l He principal
n i tic v ail St et
il turn oi vestenlAi
in 1:121. iv
v. rv.
...;i a
: ' s-:arp curtailuis of the
,.: ,.;;-.ness. i ins shows plain
i u.i Miuucii mcrea.se m
'.-i.kU nol I'O ascribed to ti;c
v !:' pi:, 'lie upon i lie set no.
--gn hied professional nppra
, !:i. .is were redoubling their
T.My tnese operators- wcrt'
i ;:! rt-,i mure can; lull
c r. no I - ssc n i ii ,
in itiiy ouarte
c list s.ii-.l; I,,,,.
rai ions for the ; j-:
in a large numb.
-piav.-J
.f
ivi'
In
-1
ct c; i.)
:e
t :
n s
of
; "vv c
opened mi the nav ,.,f
nee the nia rle-L cit li-i-'
s '"' -IK i il tied t lie prhv,.'
: ne movement was
"T speculative U.uV
laiie :"a-.es a bright
vv" year and f'n,it .
' .',y P'-icos of bo; h
' ..ii'.-d is hkely or come i;
- verv far a Ions. Y,...
: poors was held up a-
';i !'i! h' profit -taking sab
a- uuae tu be expelled.
i:d 'a';' any cnungo in ,
: i 1 1 1 ii.'pper trade vvhiYi i.-;
".i steady impro.e
1 'rod .:c:s v mi r..i . ; :
nakui- a rather lardy e
te marked turn to- i . v
..;aue over their in.-liis.ri.-.
There was a sudden
motor accessory char
in meir trade ivmor
- "rsiiiriiiis 10 come in.
impressive feature of i:.e
strength of the site':
uipuionts. some which
I : previous high point for the
' -' " n'as ;t notewovthy accom-
l r :'-''. in, view, of the- fact tnu
m i,ave been talking- reac-
:or :.,e last few weeks have been
; v-::: -" ::iat what they fancied was
f ".:!::on of important lioidis"'
; " - dcne in the
:. : ':vii '"'1 tOv'ks.
"r.rin.taiioit of what ystenlav had
; .'".';!'...a P-ess report, that Germany
"- J jaaouity to meet te
,...''-r5S??f P'ment in full had
' , y little effect on the market
1 francs sold down to 7.S9. ilat
1" "1 quarter cent was slight
! -''I. "ii,i riro rise of near-test
111 t!ie three weeks pr"
u '"ould not be said there-
. in u.c iiiianer wnere ur.eac!-
. . . iiencu exenane
.i.-, , uncern was reit over th:--stening-
eased off in rhe e. !!.'
1 .it- uay out later rai;i
i "i.y in taiy .section of the
yre obviously held up to aw
ct:on on the treaty.
i-iiuitiiifin s endorsement
r.".r?e. been fullv exno.-tor)
T ll P cottnn ats,U ' .
. V" i i ,-lV"l"se accounts ot a
. .rade demand served to outweigh
.-v . . W111..11 MaiiHiics nave lone-
- .... ,.r'.. , ....... ,. T" vv
. . vl mrj uuiiv in men noldinps vvIkmi
,-,wer,, around the L'f) cent level two
v. tr.rec months ago. Consequently thev
re not seriously concerned with the
ver five cent decline. It now appear
rar while tne wheat farmers had no such
.ui.Mf prx'p? to unload upon.
,-"l'''i of an unusuallv la
I -mubs ,f tv,.;r crop hoth old and
j ? k;mH.-: n-pec-t today disclosed
j. 1 .. .!. per c-;.t of the wheat
s ' . ? r:niains ;n tanners hands
11 Per cent r vr
Features
J5 STlAKr p- WEST.
;ifJT rSPondnt of rhe Acs.
or -Tri I'uMlshinj;
I MARKET OPENS
-op. v right, 15)H.
Co.
They
loaders.
Th TK HEADERS.
.hi nil Vaa noth'-1-;- whatever new ".r,
ie oil situation lodav tu account fo-'
Ihe cont nuo.i r,n, if. . " I0,
ill 1 1 1 m v m ri"n .-
were, however, en iu-
Uti one after nii,. ...
un fui the first time sot up to and
Passed i,s former hiKii mark of 47 V-s
Manaard Oil of California Kot thi'oiuO;
' . H figure at last. Mexican Pe
t oleum and Pa n-A merica ns sold A
qVVtVry dividends but were not
ThSely afre,t'te'i hi oircumstance.
,J' JS.no 1oS- any talk about ..
1 a' " 011 Prices. iliere
v uciuite or opinion, on the
a to whether or not oil
iii-.ei tu nave a furthet
l:l,n; llat limitations will
ninrked up asaia after ihe tirt
tneeai-: orhera .o.- .... :.. .
if
toe afternoon
Uta v v
prom
I he
talvins'
much
other hand,
prices are
rise. Su.ne
be
o
In
I Wall Street
south
on Ue-
oil slocks ran into
lloavy
srr.irar on
cut in the
tin
an
llPV
this
t hs
new
sugar mar
ine i.uftan pvoduc-
a
selling: came into Ameii
t ilA '...n
- auilUI III t'M PT ' OI on.-..
k"ll 01 icnneu siicai-
amoiinlins- t,. in ,.,1 i..
..uir-u piumas. i.s means
iuiv ipei 1 or the refined
1 ei. 1 ne stocks of
:.,- '""u"15 were scarcely affected
they are waiting to see what eff,--.
:be dissolution of the Cuban commis
sion is s-oin;? to have upon the , a w
-yi niciiivei. assuming- that the
ummission ;s i:ot 10 be
ocyond the first of the year
l ot f.,. ,1. . .
; ,1 l l'e S,U,(;KS 18 1,ein"' sustained
... uupt- mar nesotiations
'"iu susar oan. a
u.n . ujjyci loan last sprin si
successful. . "
life
extend i
'he mar
lookin:.
the mode
wil
01-
:i etc
the
Km
BOSCH MAti.XK'IO.
T he automobile accessory stocks cot
live today ami m..v.i r...-i
sl.arulv for a. im 'n-it--
PU. iicuiarlv to American Tf,ii.h r.. -
and Mi-ombprS. in the case of
lormer company ir. w.ij r.m.i
known todav that it i offi i
releases from manufacturers. Opera
tions are not quite what thev should
Oe. but With niltnn-n-.li;in
oMllff for a aood year in 1Q i,
exnected that Bosch will begin to
leilect this optimism. ft is known
that important selling orders which
were in the markei fr. cf.i- 1
1 . ... k - 11a'. t'
, . cancel iea ana Tins vas one of
thing-s which made it-siMf fcit ia,i,,
tht
ha
n
they
that
grow n
as corn-
ago. This
melting
in the
jv,.
1 - - -.
iv
k r ,
5 'iii extent to whir-Vi tii
.'redits lias proceeded
" -aris did rather better to
" '. "- day following
r....- v. L'eiaware. Lackawana and
' -v conspicuous strength in At.
rails has to
the
re
market for the
1 cn;cL on the one hand, -of
J.s favorablo gross traffic
oxen-ioc- ami on the olhe
! mnv. "otationM of rail
in.., i.ni wm lie cotmntr rmt
montns. The irenera
to
on
, FISK RUBBER.
. .uwuvi expected to issue .1
";J wicnin tne nex't ten days whicl
v,,i i-uier operations to
mi quarters wnicn are
it is the belief that
very good." the
into fisk yesterday
was based on the
AfoL'4- nn c-i 1 1
xAci xuins oieaav on
l-ight Private Ginning Re-
lurns, Kegaming Losses.
";r STl AR'' ". west.
V- 11 , J, JU- Yesterday's raliv
U as nl invar . 1 .. .. -
..v. .... uiuuei aie J eactions at
the opening: of the cotton market this
...wn.mj; ,.1UL pnees soon showed renewed
rjT'.!ef- ow.iS- to a belief that trade
Julian improving: and that the
' .-"IV"5 cuougn to hold its cotton
chncs.
Tli.-. ..v..: ...
-..v. v,,., a.v OMc ))0iut higher to
one point lower, and the active months
sold about five to eijrM points below last
w" -'o'iiS nsnres risht after the call.
..... ""v . iMi-uun ot aoout points
. . . , s level touelied on yesterday
a rtuu mere was some scattered se'l-
raaers wiio were unfavorab!
:-. "-" l"c 'jfinun news on repara
tions. Otherwise international affairs ap-
' ue oeveiomns- along- satisfactory
nowe-ver, while there was nothing-
m .ne atiion or iiverpooi or hoiirion
indicate much nervousness over the
Oil VS1 f it.ti o .-....-1-.... .1 1 J .
a 1 in me maiKet soon
iiu'Hi .i.i...-ii.- i .i 1 . . .
v....., iauu-i on ngiii private ginning
let urns. reports of better pro-specti
c.Miui 1 uiiBiness in spot cotton.
.Cefore ioirIil.'i- .1 n -a 01. 1 ... 1
. v ., oviu up l.u Xi.io
v 1..U1111S irom tne early low ami into
. '"Sii sroiniti lor the movemeiu-
""1U"S a recovery ot about 93 points
i-ompareu witn low prices toucbsd
on luesuay mominsr. This attracted sonic
ieau;ing out tile otlerilng-s wore well
taken 011 comparatively slight receessions
virn ine market sIiowuir- a good under
tone uuring- tne middle of the day.
Xew York. Dec.
of interest were
opening- of today's
seneral list displa:
day s unusual activity
especially tne uuu-h
iieavy, pan -American Petr
t-is.sh!u. lueiais reac eii etii,n..
" .-"'O'lllJ
.-vjiacoiiua-.Miierican j-.ra.ss deal
o navins
.Stetl was
I Grain Market
0 1 I
(few features
Presented at the
amen, market. rhe
CU It U Of
oils.
we
oieum also
tiie
J1 oreign
roup.
i-' Ac i- -
.oeen uiscouiited. RetHloVi,.,.
1 uf oui nmniMiii f.-..i.
Vetroleuiri. Davison Chenhcal'. Seais-
uemicK. Lorn i-rouucis and Coca Cola
. .-.v i,. r oreuan e.-.
ruaniips ovveu J.U1I i.poni.i,.ii,.
German reparations sif natif..-. '
the
on
ifiiueu l lie IISIUOI' e:i nou r.e , ,
n.iu-ses.sioii. .'vuiei lean l obai eo
Kiuia-caromia 1. nem.cai. Central Leatii
cr preferred and South Pvt,. r;..
, - .. v 1 . u I O
i.khi iosi one I l I'VO nn nle t!l..
--.j, -a ......... . . -v.'"'-'--
.ici.ru fii 01 laiuiHTua. -Mexican l3i -tioleuiu.
General Asphalt common ar.d
ijieie.ieu. .iinericHi; a no Baldwin I.oco-
ii.-. iiNv.s. L.iiit.u lius ana n n M-,.vf :
1 i- 1 1 o points.
The closing" was irrearular
. . .
C ncag:o. Dec. 16. Wheat prices had an
errtic trend today .Small trade and cros
tSt.hi th0 MW etoar"dwiVi'ch
ceused the nervous fluctuations. Dunn?
the fore part ot the session the movement
was mainly in lower territory bCt'laVer
prices held, well around the preious clr!sin
?r.r- ,1 ,s, povvel However seemed
me uieaatn to maintain hisher
any lensth of time 0
Before the opening: unsettled weather
southwest and final Kansas crop report
estimating- winter wheat at U's.000 000
;JlI?le,13,' fa reserves for that state were
tn i , , tf snowing- only 27.33y.000 bu
to
leveis
strong
in the
movement
offered in
i'?r the
to
(!(( i
ment and other active bonds easea
a!ts api.Tuxima;
She
moo era te dea 1 in ;r,s.
S'M'.iii;.) share.-
01!
1
-E millK STUCK l.IST.
.Mis-L hal iners
American Beet Suga"r . . . .
I'an
Cet & Foundry . . . .'
Hide S: Leather vfrf
iCTiipany Iiad
a as facing a.
tne yeai
apt to be conee
tne report will be
buying- which came
and again today
teeling that the
got. out of the
period of better
rut am.
tinier.
The
MIXES TO OPEV.
latest word is that most
1 he Guggenheim copper mines expe-
to be running at least 50 per " cenc
of capacity by April 1. The Gugger-
..vi. 11 ciiitriLers aireaay- are
" worK down stocks of
and to prepare for the
the mines which will not
... . .. . v. . . 111U11L115 aiier tnev a:
started up.
operating
ore on hau-i
re-openins;- o
be producir.-
MAKTIX PABBV.
Indcations are that the Martin P'arrv
ompany which makes automobile truei.-
es w,a earn its SL rticirion.i r..-
ow m.arkiu. This wil!
the face of a delioit
Xet profits last vear
a share and in 13 Hi
share. The comiiiii-v
pricnipal manufacturing
a-ssenioiy oranches. and
" ,i-dVS,
'""a.'
'"".I'.-r 0" n
at lla'dwin
n-'comot: ve and
btL;f. prices
the same abilitv
S that it had"
': net fo-.v
a i'st showed
r aib:i:;g- sab
uiij, nespitc the charge tha
operations were not atfret
outside followinsr. Such
Locomotive, Arneri
Oeneral Asphalt
in tne late alter
I Dry Goods Market!
1 ,J "1 of The APWS.
1 -.; .V'K; .Vc- 16. dullness coi,
1.,..,.' . V l lb JSray goods markci
I v4- "7-use ot lack of demanJ
cu.-.rr c:uxn nuyers ai-f:
1 nnccssions which tlu-
.
if
Ol;t
''':uSiil!l
P) i
he;
for
1 1 our-; 0:-
P
I ;
- aim mills are tin
rices remained Mm if
'iiii rnuts fn-,-,1 ;n r;u.:
on tracts for deliveries 1.
ric-r of nevt year. Seller
J.'Ilt ''ift I r. a Mam., .,.-1
V.' TTI" I ..... 1 'J IIKU1'1 U II
-,p V,,. J.: :,. ;-nPv'emcnl especially
, Y, , .. ?taP'e holds '.ia
. ' "is. me past 1C.V
. o n domestics and
LI". tAe V-teins of bleached
"""'"i; LTices namen on
fg- lines Of hrnrf.J
sed aner it became evi-
j,oons would not ho'd.
Vifi:
Tr-
!0?.d;ng
IK.
EVERYTHING
J High Quality
V if riding Materials
never
That's
fi''iic.v (eJ! us it's
V 'm 'ate to mend.
H rue out ,t'8 mighty
T' 'Mnsive if you've wait
" Repairs are your
( :.f;s n.surance against
th..',. s,,oner you make
'r7inisW,n,.es 10 repairs nro"
"id money.
tiiiic
CITIZENS
dumber GoniDany
South Boulevard
rhones 3472-3473
ioo
i: .ear oy a nan
e accomplished in
for the first quarter
were equal to $3.11
they were $2.44 a
now lias two
nlants and 11
auoui to open four more nf fho intr,..
One of the large makers of trucks is re
commending to purchasers of its trucks
chasis that they get Martin Parry oodies
Ine companies is reported to be in good
financial position, not owiner anvNim-r at
the banks and aniDlv nrovided w-ir'n
cash.
L
Bond Marks
XEW TORIf COTTOX.
bw T. oi k, juee. lt. The cotton
uoiKet snon-ed relieved hesitation ca
i toaay. fcentiment here still showed
.lie lniiiience ot the oeiicr spot from
the goods trade v.-eje a little more
optimistic. The German news, with
itieieiice to reparations, made rather
ai. umavorauie impression, however.
mcie was scattered realizing or
uquiaation and after opening- one
point nigner to one point lower th"
market soon sold about 5 to S points
vv.uvv itoi nigiit s closing. 1 his ca
neu January oft to 17.4:: or about I'O
points trom the iia-i level nf v-un,.
day. Xew Orleans was a. seller bei-
Ji uaiance ana tnere was srstrsviMi
soutnern selunc- with the nffevin.ve.1
nU. , J i . .
omcui uca oy traae and com mi so on
ucuse Duying.
J he market turned firmer after tin.
v-cw,.- ucu'iie, owing to itsnt private
fa""""B icporis. ana reiterated report
ol prospects for a better spot busi-
'"f- u.'.mg was not general, but
v .fliers rovertd and there vva.
rt.fco ouing- tor Western and Wall
outer account on the advance, which
v-uiiieu January up to 17.79, or S7
points from the low level of the
morning, and 1':) points net higher"
.-idvues receh ed here from Galv stor.
wvu ii ii"i.,iu .ooni ,ias oeeu
ificu jor large shipments of cot!
me car mast.
Ianll'inn. .--. , 1 ... ,
..wi...i..a oaics were aosoroed on
reactions of a few points and the
f'1"1 t.noweu increasing firmness dur
. if tariy arternoon on prospects
:y. uuijj.sn .-w eeii-ena ngures and iur-
t.it-i cMei-ms-, particularly for the
.,' -lanuary selling up to 17. S).
jI points net higher.
G'l,0E NEW YORK Pi'Tltnrc
biirely
Inter-national
Locomotvie
Smelting & ftef.
Sugar
Snmaira Tobacco
T. & T. ....
Tobacco Sec
Woolen
Copper . .
ton
York.
steady.
Dec. 16. Cotton close 1
Pec.
Jan.
Marc
May
j u 1 y
Open
17.60
17.00
17.30
17..10
10.83
is.o.-.
17.S5
77.79
17. IS
17.05
JOW
17.70
17.4.'
17.4::
17.20
10.81
Close
is. no
ic.y;
XEW VORlt SPOT COTTON.
.New York Dec. IB Spot cotton
stcaciy; middling IS. 30.
railway section
a repetition of
Wfc
By STUART P. WEST.
Staff CorreapoadeBt of The Xevrs.
Copyright. J931, by .ws Publishing Co.
New York, Doc. 12. Bond trading
today was less active and prices as a
" ''me were steady. ...Liberty bond
were sngntty reactionarywhile foreig
x'jvenimnets neia firm. Kingdom of
itai;. b i-js made a new high price fo
me , ear nt o.
The dealings in tiie
were littH more than
tnose early in the week. There
. vim 3u.JM.anui sains, especially m
aie new .Missouri. Kansas & Texas is
sues. at. jfaui bonds were' irregular
i-u-. sumeo a on irom tne g-round
recently.
inuustriais were generally strong
yiiLii advances m the tireii, telephoi
1 l' f ! I A . ' . , . . . . T , . . . . .
i.--uc3 uii Liic copjjris. i;erro oe
t-iisco went aoove n i--'. n. frpi, :rn
xiie .ew lorK J elephone 6s of 1
got up to joj tor the first time. Tiie
cuinie ot railroad financing authorised
o- applied lor is increasing from d
u uay and includes comnanies lar..
ciiio .-Mimii.
ine fctreet had anticipated this fim.rt
v. iic i ail i.su'r?s. l ne ifll-l l nat Mia
trunoine- mil was not nasserf a,,i
mat maturities falling" due must 1.
met. if not with 2-ovevnmenlal
viicvl uuugaiiuns to tne puonc. has
caused many lines to resort to the
k'-Uer means for help. Accordingly I'm
Southern Railway Comnanv has annHert
iui auinoiny to sell 5uO.iJ00.000 de-
vciupmeiiL an:i gen?ra! mortgage 4 per
ct-nt goiu oonus. ine proceeds from
this sale will be used to pav Si'2.000.000
or its three year 6 ner cent Kpem-.i
uia uoies maturing: jjarcn l. in
pay err a demand note of S
owed to the War finance Corporation
a no. to reirnmtrse its treasury for rani
tat expenditures already made. Per-
iim.--.himi nas aireauy oeen granted 1. v
tiie Interstate Commerce Commissi'-,
I l- 1 . . 1 . . . ' - T T , .
.- ine uuiuiii, iMesaoe At .nr er:i
i.anway to sell 51,174, OoO ceneral
men gage per cent gold bonds for
eiunoing purposes. Among otii
prospective ortermgs to be announced
n the near future is the Louisville
&z Aasnvii'ft issue. Ihe late of this
oao s application still rests in whe.r
the matter of the comp-.tny's capitali
.ai ion is unuer l n vestlgration. ihe
ankers for the Louisville. & Xa'-hvi'.le
have no definite informatic?i i-erardiitr
tne time tne loan will ue lloated.
Interest in external loans of forest
overaments was attracted by the an
uncement that the Dutch Colon i.il
Minister had introduced in Parliament
in Amsterdam a, bill authorizing: ihe
: in the United States ot $100,000
000 bonds for the Dutch East Indies
t t -z per cent. Approval is await
ed for tne issuance ot the first $40.-OCf.OOO.
A Xew York firm bidding- for $20-
000 five per cent lwenty-5'ear Kansaa
City bonds have falied to sret the
ward. A Kansas City house cot the
bonds.
The long and short term portions of
the new $7,360,000 offering of Citv
Ruffalo 4 1-2 per cent bonds were
rose
o
reaeiuy sold this morning but the
syndicate managers reported a part
of the intermediate bonds remained
unsold.
XEW y6rk pkovisioxs.
Xew York, Dec. 16. Butter steadier;
creamery higher tian extras 45 to 45
1-2; creamery extras 44 1-2; creamery
firsts 37 to 43 1-2.
Eggs steady; fresh gathered extra
firsts 56 to 58; do, firsts 51 to 55.
Cheese firm; average-run 20 1-2 o
21.
Xew York,
silver 65 5-S.
Mtxican dol
SILVER. '
Dec. 116. 'Foreign
la is 43 3- 1.
3
XEW ORLEAXS COTTOX.
. Xe Orleans, Dec. 16. Declines- of
to S points under scattered sollin-j
were made on the nneninp- ..f nntu.i,
tcday but. the market soon ran into
rumors of a private hm-Mii ronnrt
7.SOO.O0O bales ginned to the 13th of
December, pointing to production for
uie period of only 1G0.000 bale ao-j;,,.
365.000 during: :he rireeedinc i-wm-w. .-
V buyina- movement set in qh.i at nY
end of the first half hour of trading
prices were 16 to 20 points higher
than the close of yesterday. January
insi icu to lb.ei and then
16. 87.
Li tiie trading up to noon
adyntce was widened to IS to
poMiis. January rose to 1 6 !S i
I-O: Lb oi a. continued good spot
helped values.
iimi
jsun taKings or 360.000 bales for
tne weeK were not considered favor
c...,-ic uecau.se tney compared with 566,
000 last week, but after recessions o
aoout iv points the market commence
to strengthen in the decrease in tn
cuppi.v ano tne lact that tiie
.l-sioie. lor me nrst time, in manv
iiionuis.- was under the visible ol
year ago, the figures being 4,246.66
oaies against i,o2.5S5. The visible
jcvitaaeu .ja oaies against an in
crease tnis week last vear of 11- -or.
.it i.ou o ciock prices rere IS to '"!
points over yesterday's finals with Jai
uary at 17.00.
CLOSR
Xew
steadv
points.
l.i.
I ie
inquiry
XEW ORIiKAXS MTTFRFR,
Orlean
at net
Dec. 16. Cotton
advance of 11
closed
to
Onn High
Dec 16.62 16.94
Ja" 15.67 17.00
March 16.Sn 17.12
May j. 16.70 J6.!8
Jv.iy . 1 6.37 1 6.38
jt. iu,i;a. sr.;? roiTO.
-fv eM-ieans, j.ec. lb. spot cotton
;---:o cents rngiier; sales on the
epot oii oaies; to arrive 613.
Low middline 15.00: middlin
Low
16:67
16.64
16.7S
1 6.65
1 6.33
Close
16.:
1 .!5
.1 7...I
it.s i
16.51
;-ood middlins: IS. 00.
Receipts 2,060: stock
17.00
S 3 , 6 i 7 .
LIVERPOOL, 0'-TCX.
Liverpool. Dec. 16. Cotton:
q net, prices easier: good middlins-
11... 1: fullv middlina- "10 01- mirii-no-
xi'.oo. tow middling 9.36; good ordi
nary i.Sl: ordinarv 7.06.
v-saies ty.ouu Dales. incln.l no- r Siifi
iAinerican. neceits i.i.noo haios
eluding 14,600 American
inures Closed verv stead v. r...
ceiriber 10.64: .lanuarV 10.67:" at a' .-.:
10.6-3; May 10.55: Jr.lv 10.4."!- rT.i cr.-,
uc. xu.ao, uctooer iu.iju.
COTTOX "STATISTICS.
uec. ib. weekly cotton
WEEKLY
Liverpool.
statistics:
Total forwarded to mills 41 nnn hiia,-
of which American 35.fifin.
Stock Sa2,000 bales. American 362.000
Imports 74,000, American 41.000
Exports 6,000, American 1.00O.
EXCHANGE.
1 6. Foreign
5-8
4.16
on
FOREIGX
Xew York. Dec
change irregular.
Great Britain (oar 14. RS
pound sterling): Demand
cables 4.17. Sixty-dav bills
13 1-2.
l- ranee mar 19.3 wits
Demand ..84; cables 7.S4 1
Italy (par 19.3 cents ner iiri
marid 4.0-1 CaDteS 4.0o.
Belgium (par 19.3 cents nr fvanr.
Demand 7.50 1-12: cables 7.51.
uermany (par 23.8 cent? ner marH.
ex-1-2:
banks
per franc).
Da-
cables .51
40.2 cents per ,
cables 36.36.
26.8 cents per
bar
Demand .50 1-2
Holland (par
Demand 36.30;
Norway (par
Demand 15.20.
Sweden (par
Demand 24.50.
Denmark
T" - , in
jLe-ina.uo if. oi.
Switzerland (par
franc): Demand 19.42
Spain (par 19.3 cents
Demand 14.70.
Greece (par 19.3 cents rjr
Demand 4.22.
Argentina (par 42.44 cents per
online paper oonars): Demand 33.37.
Krazil (par 32.45 cents Dei- ranr
milreis): Demand 13.12.
Montreal (par 100 cents per Canadian
dollar): 92 3-16.
uilder,
krone):
26.8 cents per krone);
(par 26.8 cents per krone):
19.3 cents par
per pesota):
drachma).
At
American
American
American
American
Ar.serican
Anieiican
American
American
American
American
American
Anaconda
Atchison
At!., Gulf & W. Indies . .
Ba'dwin Locomotive- ..
Baltimore & Ohio
Bethlehem Steel "B" .. ..
Canadian Paefic
Central Leather
Chandler Motors
Chesapeake & Ohio
Chicago, Mil. & St. Paul
Chicago. R. I. & Pac. . . .
Chino Copper
Colorado Fuel & Iron .. ..
Corn Products
Crucible Stel
Cuba Cane Sugar .. ..
Erie
General Electric
General Motors
Goodrich Co
Great Northern pfd . .
Great Northern Ore ctfs . .
fHinois Central
Inspiration Corner . .
Int. Mer. Marine pfd .. ..
internatinoal Paper ."" . .
Kennecott Conner . . . . .
Louisville & Nashville .. ..
Maxwell Motors
Mexican Petroleum
Miami Copper
Middle States Oil
Mid vale Steel
Missouri Pacific
New York Cenfal . . .
X. Y." N. H. & llartfor.l
Norfolk & Western . .
Northern Pacific
Oklahoma Prol. & Ref.
Pan Avneri'V.n Petroleum ..
Pennsylvania . . . .'
People's Gas . . ....
Pittsburgh & w. Ya. . .
Ray Consolidated Copper . .
Reading
Rep. Iron &. Steel . . .'.
Royal Dutch. N. Yr
Shell Trans. & Trad .. ..
Sinclair Con. Oil
Southern Pacific
Southern Railway . .
Standard Oii of X. J.. pfd
Studebaker Corporation . .
Tennessee Copper
Texas Co.
Texas Sc. Pacific
Tobacco Products
rranscontinental Oil . .
Union Pacific . . ....
U. S. Food Products
United Retail Stores . .
S. Ind. Tnd. Alcohol ..
U. S. Rubber
U. S. Steel -
Utah CoTpfer ". . .
Wcstingliouse Electric ..
H illys Overland . .
Pure Oil
Atlantic Coast Line .. ..
Coca Cola
Gulf States Steel ..
Seaboard Air Line
Sioss. Shof. Steel &. IrOn . .
United Fruit
Virginia Caro. Chem. ..
American Tobacco . .
American Zinc
Invinible Oil . . . .
International Harvester
orp .
3S
-X
' 34
14 3
6 1
9S
i-i
1-:
1-4
-8
4
-S
:-i
i -s
117
S I
49
91.
sh-
-JjUllish factor. Receinis mv h-
-uuinwest and spring wheat
m the northwest also was
wuine. uemann- for milling wheat re
mams slow and little activity was re
poited in export circles. Minneapolis wheat! tion
ovv,va mcieaseu bo.tunj bushels
week.
Ihe feature m corn was the resting
orders to buy December at 46 1-2 cents
these orders were said to have been puc
into the pit bv a leadins- o-,.;,, ;t,.
est. There was ?niw cj.ni.io- i..,,!
.-v...,. vi. lycvciliuei
ains-t purchases of July at R .-fnta
eunerence by one of the. iviiY lmnaoa c-joh
corn demand was moderate. Basis lor
i.a?ii corn Has unchanged to half
lower. Receipts were benw ami
eaumaiea that there were 1 on
IVQ.-l.- ll.tc . ....... I
' - ' . iiu IIIUIIUII.
Oats were featiirr-lf-ss LliiiL r
of May by cash interests tended to sta
OUiic the market .Receipts were of mod
erate volume. Shinners iemini wn cir.-
Provisions held steady. Locals and com
mission lie-uses were rnodernte Imvprs
Packers sold earl v.
DEATHS FUNERALS
n. L. McGOWAX.
E. Li. JtcGowan, for manv years a
resident of Charlotte, died at 5 o'clock
.M-uiay morning at his home. 15 Gra
ham avenue, following . an illnos oc
ome duration, lie was 59
last September.
Mr. McGowan came to
from near SLitesviile many
and has constantly re.eiriH
MUf. ae is survived
who was .Miss FHie Ptia -.t-
Jiine children. The children mV it.v
unice Moore of Gaffn-ir '. '
McGowan: Roe.i v "Mae 'aTqIh. t
Pauhnc. jolm, Alaucle. James an! d
oie; three brothers and one sntc- VI
of Charlotte, also survive Tin-,.' .,
"T Tr.--. . .lie
uoc .ui.uuwan. uempsey AfcGowa i A
Kammery McGowan and IJifes E
jjcejowan.
The funeral services wiil conduct
ed at. .0 o'clock Saturday nio.-nirt; at
the home on Graham avenue bv Rev
C. O. Williams, pastor of Sfatville
V"11"1 it i . church, nssistod
r.e. Lr. . m. Hun
I Meeting Calendar
that
wife.
E
AY.
years oi.
Cha-'otw
yc-irs ago
here sino
Lottie
hy
FRIDAY.
Odd Fellows.
Chamber of
- 6 p. ni.
Commerce.
7:30 p. m. Raptis
Klizabcth school.
7:30 p. m Entertainment,
community house.
S p-. m. Presentation of plav by
school students, Y. AY. C. A.
Eastern suburbs.
Xevin
high
ter.
MKS. L. .1. RIB EL IX.
Salisbury. Deo. 16 Mrs. Louis J.
Uioelm. wife of oiw of the best known
larmers in the Dunn's Aimmto;,,
of the county, died Wednestlav.
nad been ill a lone time cnff.iU
j " 9 1 e ii c l ". 1 1
..ur1 .ancer The funeral took
i nuisuay .irom the church
Ribelin home place.
place
near the
cent
it is
cars on
1DF. EARL JEROME GRIMES.
Richmond. Va.. Dec. 16 Professor
j-.av Jerome Grimes, associate profes
sor in the department of biology of the
college of William and Mary. YVilliams-
,JU5. eiieu oariv today
News hospital.
in a Newport
-Wheat
during
r.-S
l
1-4
.1 -8
1-1
1-
3-8
1-8
averaged
the early
market being bearishlv
news of some rain in
l
121
30
r.
56
19
3?
28
25
97
67
5
10
141
. 11
37
75
32
00
42
fi -r-tr-4
53
26
110
116 1-2
27 3-4
1"3-1
28
17
Chicago. Dec. in -
lower in, price todav
ue.Jings, the
affectedly bv
O..HJ. uttiauuina anu uv arcn-
erai lain in other parts of the winter
ClOp oell. Oneilin"- nmva-irme it-l,.,.:.
varied fom the same as i-n,i-ri.jv'
finish to 3-4 cent lower. xvtnY fniin,,r'
by a moderate tt-enerai .ai i-..,.t.-
Corn, ater ooenina- i-s rem ,-.fr t.
cent higher, hardened a. little
started unchanged to 1-4 cent
scored slight general
then
were easier in line with
7-8
5-8
1-2
1-4
1-4
3-N
Oats
higher
gains.
Provisions
hogs.
Market for wheat closed 1-2 rent ln--
to 1-8 cent higher; December' ? 1.07 3-4-May
$112 7-8 to 3-4; July $1.02 3-4 to
o-b. Corn 1-8 cent higher to 1-8 cent low
er; December 46 5-S ; May 53 to 1-8 cent;
July 06 1-2. Oats 1-4 to 1-2 cent hi
1-2 : ATav SS .Inlv .
Pork closed five cents' lower : lard 2 i.-
cents higher and ribs 2 1-2 to 7 1-2 cents
higher.
Wheat Closed unsettled
lower to 1-4 cent advance
Corn closed unsettled. 1-S cent err
to 1-2 cent advance.
NEVIN COMMUNITY
PROGRAM OUTLINED
DR. HOWARD ODUM TO
OPEN LECTURE LIST
Dr. Howard W. Odum. of the ciia'tr
of sociology at the University .f
Ncrth Carolina, will introduce a coui.m
of six lectures to be given here k v
University professors, at the Y. M. ;.
A. Friday night. Dr. Odum wiil
speak on the subject of "Democrat
pnd Active Citizenship." Later oth V
professors at the University will come
here through the Winter for similur
lectures.
Dr. Odum is prominently know.t
among ihe educational forces of ih..
State for his expertness as a sociolog
ist and for numerous treatises he has
written on such subjects.
The course of lectures is being pro
moted by th.e -Mecklenburg Alumni
Association of the University in con
junction with the T. M. C. A.
An. entertainment given as a benefit
nitv Tin, ml" of the Co-
m House at Xevin will h
li- Ihi. ll,l . .. " -
Jiciij-uiie-Anotner Club
community Friday night. The
wnicn .urs. .Joseph AA'arden
"ciii anei ot which Mrs.
reiary. has built the
ciini-eiy oy its own efforts
a former school building.
of thai
club, of
is presi-
Slaton is sec-
community house
remodeling
If s Nerve
Force from
Nuxated Iron
ibat helps make STRONG.
5U, FORCEFLL MEN, wlio
over-ma storms: presence felt
ment they enter a room.
MAGNET
miike (heir
Ihe ni'i-
i-8 cent net
CASH GPAIX.
16. Wheat;
13
97
.z79
i 35
i-4
3-4
S
1-
48.
1-2
iS 1-
.-,;
51
3S
23
SO
l :
114
SI
10
47
63
II
126
10
53
3i)
55
84
64
51
6
3f
S!
10
I5!
3-4
1-4
3-S
1-4
1-2
o--S
: - i
1- !
T-l
a-S
1-4
1-S
1-1
3-S
CHICAGO
Chicago, Dec.
reported.
Corn, No. 2 mixed 4
No. 2 yellow 47 3-4 to
Oats, No. 2 white 3fi
vvnite 1-4 to 351-4.
Rye, o. 2, 85 1-2.
Barley 46 to 56.
Timothy seed 5.00 to 6.10.
Cloverseed 12.50 to 18.50.
Rcrk nominal.
Lard 8.55 to 8.60.
Ribs 7.25 to 8.25.
no sales
4 to 4
to
' 1-2;
No. 3
CHICAGO
Chicago,
WHEAT
Mav ...
July ...
CORN
May ...
.1 uly . ...
OATS
May . . .
July . . .
PORK
Jan.
LARD
Jan.
May . . .
RIBS
Jan.
May . . .
GRAE AXI
Dec. 16.
Open
.1.12
.1.03
PROVISIOXS.
5 3 '.4
54?i
33
S.50
8.90
3i .1
High Low Clos
1-1SU 1.12 1.1J
I.O314 1.02ii 1.02
55 54-!a vtii
"S 37 38
11.70
8.53 S.4 7 S.55
8.97 8.90 S.'.i7
..... ..... (.33
7 85
-1
HOW TO INVEST
IN
COTTON
What you should know
about Cotton is contained
iu our reooktct No. 31,b
KAMJOLPH ROSEJR.
2t
by
Free on Request
ROSE & SON
Cotton Storks Grain
STONE ST. NEW York
Wire Connection in
CHARLOTTE, N. C.
BROOME & BURKETT
219 W. Trade St.
NUXATED IRON
contains the principal chemical con
stituent .of active -living- nerve force 1.1
a form which most nearly resembl-s
that 111 the brain and nerve cells of
man. It also contains organic iron
like the iron in your blood and like the
iron in spinach. lentils and apple-s
Organic iron enriches the Mood aid
plenty or rich red blood means tn..;.
nerve Torre, so that Xuxated Iron not
only feeds what might be termed ..;,i
ficial nerve force 10 the nerve ceil--but
it simulates the blood to manu
facture a greutlv increased snni.i-.- ..r
I new nerve force. if you are we.-l--;
nervous or run-down, get a bottle .f
I Nuxated Tron today, and if within 1 . o
! weeks time you do not feel that it li,:s
j increased your nerve force and nt do
you lcel better and stronger in ev'ci
way. your money will be refund I
hold by all druggists.
?s 1
14
11
84
General Asphalt 63
1-S
7-8
7-8
7-8
, st. Louis oimix.
m.. houis. )ec IP. Vrt,..i -v-..
red 1.23 to 1.23 1-": X'n ! i'lt n.J
ceniber 1.09 I -2: Mav tin 7.x '
Corn, No. 2. white t7 iV..,,.,1 . ..
ii. 1 o. n -1 : ' ..... ici,viiiutr
lb 1-2: Mav nl 5-R tn Z.1 !
December 34 1-8; Mav 38 3-4
JOHN AV,
TODD, C. P. A. D. H. McCOLLOUnH O. T a
AUDITS, EXAMINATIONS, INCOME TAX RETURNS,
BUSINESS AND COST SYSTEMS.
TODQ & McCOLLOUGH
Certified Public Accountants
(North Carolina)
1 1 Galloway Building. CHARLOTTE, N. C.
I Livestock
Curb Market f
Rv STUART P. AVEST.
Staff Correspondent of The IVews.
eopyrigm.nw.by Xev.s rtibliKhins,- Co
-ev.- lork, Dec. 16. The feature of
.lie euro market today was sudden
development of interest in the pipe
.me jsauts. me tone or ine general
market was steady despite the faci.
1 nat n'gner prices for a. number of
y-f.ues brought out profit-taking sah-r
from the professionals. Among- the
pipe line companies for which there
as a setter demand at. advancing-
1... ices were .buckeye.- Eureka, Indiana
-no houtherh. Standard Oil of X
1 01 w was more active and eitiite firci
!:ur Standard Oil of Indiana was er
ratic, a;t opening advance being follow
er oy a reaction with a later rally
from the lowest.
Imperial Oil of Delaware was
feature of th.e independent oil.
stock sho-.ved pronounced strength
rr-iivity on the announcement that
Middle States Oil Cotooration. the
enr organization. was planning
frke over the company. Simms"
tr oleum, Skelly and Internal inn a 1
trcieum lield about steadv
iooos moved up a. traction- on short
overing Din .uerriit 0:1 was heavy o
ii.ouerate onermgs. linnevia nit -.f
. ..naaa started uigner but ran in:o
rrofit-taking sales later in the session.
i he low priced motor stocks weiv
ie leaders in' the mi?i.-cllaiipnnu o-,-..,,.
Lincoln Motors was firm but Locomo-
pyc fell sharply on urgent selling.
Durant issues were ouie:. T.'ar.ii
oal. was lower in the earlv rlAalin.-
out rallied later. G-len Al.l
Brothers held about unehanared Lim v
iVIcXeil Libby was sliahtK- nio-n.-v
and there was a fair "demand fo'r
i-Iulhp Mori is.
irregularity prevailed in the minin?
-epa.rtment. xi
to. declaration of the extra dividend
Bonds v,-ere steady but price changes
ere oonttned within fractional limit'
he New York City 4 l-2s were.'liieii
on the stock exchane-e nft-ai- mMin,.
he bonds have been hr.m?n- t ,.r.-i
104 5-8 10 104 3-4. the nviee ,t
which they are expected in he nfri...!
to the public.
the
Tiie
and
the
par
to
Pe-
1 e
VORIv MOSEY.
Dec. 16. Call money
; low 5; ruling rate 5;
offered at 5 1-2; last
XEW
New York.
firm; high 5 1
closing bid 5
lean 5 1-2.
Call loans against acceptances 4 1--Time
loans firmer: 60 rl.ivs an
and 6 months 5 to 8 Id.
t rime mercantile paper 5 to
CHICAGO POULTRY.
Chicago, Dec. 16. Ponitw
unsettled; fowls 14 to 22 1-2
l; turkeys 38; roosters 15 1-2.
1-4.
, alive,
springs
XEW YORK POULTRY
Xew York. -Dec. 16.Liv
nrm; chickens, 22 to :
0; turkeys, 40 ot 50
Dressed poultry, steady
noultrv.
4; fowls. 24 to
unchanged.
SUGAR
York. Dee. 16. Raw
at 3.67 for centrifiie-ni .
- -
Kenned easier at a. 10 for fine
ulated.
New-
steady
Conyriffltt. lA.1l.hv Xn-. T.,i.ut.:... ....
Union Stock Yards, Chicaco. Dee ik'
uarga runs were rennrtri in v, .'.
tie alleys but no e-nnd etoot-o -n.-.,... v Y
1,. . - . -V.3 T. cic unci cu.
in the hog pens stmnir cicn ,r...-
heavy, nearly 11,000 being held over from
v. udui-e. w earner conditions were
unfavorable for the. sheep trade and val
ues dropped. Present prices for about all
vuius 01 nvestocK show a decline for
leveis, noted at tne close of last week.
Leceipts of livestock at the local ysrd
today were estimated at 7,000 cattle 47 -000
hogs, 9,000 sheep and lambs and S00
calves.
CATTLE: Xo good cattle were in the
pens today and the. trade was slow. Some
deals were as much as 25 cents off from
tne best levels of the day before, placing
ine tnarivet at the low levels for the woek. I
ouiue steers sold at $6 to 56.50. Cows i
and heifers met with a weak demand and ' I
puces were easy. Bulls sold steadv with
good bolognas at $1 to ?4.23 but 'calves !
were again more tlian 2.. cents lower.
Packers took most of the best vealers
at S9 to $9.50.
HOGS: Prices were generally 10 to 15
cents lower in the hog pens todav.
Choice ligiit hogs made S7.20 fo 87 30
mit most of the good butchers sold below I
$7. Rough packing were slow sellers manv i
of these going- below S3. 50 while good lots 1
sold at $6 to $6.25. Pigs wore generally I
10 to lo cents lower. Some strictlv prima!
Jots made ?7.2o to $7.35.
SHEEP: Lambs were arain mnn-i-
cents off from the low time today before
which the trade fully 75 e-ents below
the best time on that day. Prime lambs '
maue iu.a to 51U.0O for small lots but
the bulk of good fat lambs went at $9 to
5S.10. Aged muttons were slow with a few
on sale.
1
'
the 111 17 (b 1 I rJ&Vi "t .rfi.''7 VW 1 'V U
CHICAGO LIVESTOCK.
Chicago. Dec. 16.
CATTLE: Receipts 7rt00: market
eiul!; beef steers and fat she sto.'k
v.oak to 23 cent's lower; quality plain;
bulk beef steers 6.50 to 7.50; veal
calves, canners and cutters weaki
bulls, stockers and feeders steadv.
HOGS: Receipts 47,000; lights and
light butchers 15 to 20 lower; others
lo to 15 lower than yesterdas-'s aver-r.-g-e:
packing sows steady; big packers
aoing very little: top 7.30 for light
lights; bulk. 180-pound and up. 6.65 fo
7.00; pigs 10 to 15 lower: bulk dir.
able 7.2- to 7.33.
SHEEP: Receipts 9,000; fat lamb;
steady to 25 cents lower than
terday's low time; sheep and feeders
s-aow, aoout steady; best far. Iambs to
packers early 10.00 to 10.25; some held
higher:- good light vearlins-s r.n-
choice light ewes up to 5.00; heavies
3.00 to 3.25.
You'll Smile Too When You
Have Joined Our Christmas
, Savings Club
It's the one big thrift plan which makes everybody happy
Mother, Sister Sue, Bobby and all the rest of th
'Dad,
family.
CLUB IS NOW FORMING. A PLAN TO FIT EVERY
PURSE. A MEMBERSHIP FOR ALL.
HERE'S HOW IT MOUNTS UP:
$2.50 A WEEK MOUNTS UP $ 125 00
$2.00 A WEEK MOUNTS UP.V " 100 00
$1.00 A WEEK MOUNTS UP ' i0 00
.50 A WEEK MOUNTS UP 25 00
SAVAXXAH NAVAL STORES.
Savannah. Ga.. Dec. 16. T
firm, 94 1-2; sales 199; receipts 193;
shipments 415: stock 12.642.
Rcsm firm: sales 864: reeeint
shipments 1,053; stcok- 78.657.
Quote: B D E F G 4.05: T-T t
K 4.80: M 5.20: N 5.35: Wft 3.7f-
5.90. .
22S;
4.10;
WW
gran-
CHICAGO POTATOES.
Chicago, Dec. 16. Potatoes steadv.
AViseonsin sacked round white 'l fi
to 1.80 cwt.
Minnesota ditto 1.60 to 1.
Sacked Red Rivers 1.60 to
Idaho sacked Rurals 1.85 to
i a cwt.
1.70 cwt.
1.95 cwt.
JOIN TODAY
Select your plan whatever
you can pay weekly for 50
weeks; you won't even miss
it. Get in the line of smiling,
happy people at our club win
dow. Pay in to yourself, these
little driblets of small change.
AND NEXT CHRISTMAS
Have a tidy Roll of Cash
when the man says: "Shall
I tharge it?" Answer him
"No." Tell him that $.3.00
and $10.00 Bills now are bet
ter than shopping bills on
January 1st.
u ifrVs no. red tape or bother about joining. Just drop
in the bank and get your passbook, or phone us. Hundreds
ot your friends are calling every day and all -are smiling.
It s your move,
Charlotte Bank & Trust Co.
214 East Trade Street,
M. A. Turner, Pres.
J. II. Leech, Cashier.
WT. R. Foreman, Vice Pres.
V;-.
ii