THE CHARLOTTE NEWS, CHARLOTTE, N. C, WEDNESDAY AFTERNOON, DECEMBER 21,
15
GRAIN
ARKET QUOTATIONS; FINANCIAL NEW
THE MOST COMPLETE MASBEt PACHB
twuixiia BX BISJAxiT P WEST- If
FTlStJSHED Et TEE CABOUA.
Edtar of Tfce Kr xr
CURB
BONDS
OTOCE3
rjTLE FLURRY
IN THE MARKETS
.lK-l nation on Stock Ex
chgn?e Had No Meaning
for "(lateral Situation
i;, v t MIT T. WEST.
,.,(( ,nTi'!n,",'n' f The "Xows.
i!?ai.lv t" Publishing Co.
'. ,r.'" -. "Tpv York. Pee. '!.
v ' ,- ;a; 'ii on the Stock Kx
.; ij ":t'c or no meaning for
vitiation as a whole. Out
: ,',,, " '.'..! voJ 1.0 part. The Jay
, , .ver to the spccuiaUve
;,as been endeavoring to
' . ! e 'oni price movement,
", . ' , " , - i v lOir.m'tnients prepara -;...':uays.
These operations
,!.-! era t-ie weakness. esp
: - :ie oarlv part of th" -Jay
. K, tiie oily and coppers in
, ion for the rise in the
i : so has been keenest.
' ', , -:id ii in olvps strength
,. , .' N-.ocks of lie lyp. of
i".:t e-s ami S v.vs
h i considerable shorl
'. . " ,- ... ; s-.anIinjr.
; -narkets the day wis
, ...' r a- it was in stock.,.
;.... . lavaeterizcvl th-1 .inive-
;' . . t.r o;t"ii ami in grain.
'.' . . t i-ci.-'i ex. lis; ngc w?r
' . ,- .1-I the price variations
;: ;au.. The latest s'lif
i ' .; . '." ! he conditions Tir.ci
' ,;, - ..any would be allowed a
. ! next two indemnity
'.. . ; i the tremendous iiiiii-
-. -:..te issue should cea.se
.' ., .- pertinent in view of th-?
" . aU report. Til's s'i-n.--
. c: -. of nearly 2,40'.t00
' '.. "i : the circulation item
weeks and of --4
; . . eaHy part of June
,;. : ,a-i government began
tf on to buy gold and
.1' -c with paper marks.
- ,s market the reaction
; -'o-; n iprh: of advancing
' . at all surprising. The
; . Ntremely moderate con-
' . ient of the previous
; ' shares were about n, e
; ' ti-.a: were really weak.
; ' ;-, - .taried in under the same
... t hat had been gom?
' '. n"i the outset of the
j , ,-'C" the day this pres
, .. - ' ;" (:. ?te-! Common siocJ
j rwn while the selling- iii
(". , s v. r.s viesi and the loeorno
, . r -pecaiiy American Loeo-
j . - -.i'-r a remarkable good ac
.. t'.-e.t'.-lves. So did Corn
.1 t .-.e tooaeco"8. Ra.lway
Z' d off early in t he day,
... 1, ordered again k.ter un.
.I'd steel prodiiftion should
i.m-;; from 40 to 50 v-er
,! r - of the Steel Corpora
t i !0 per cent in the
r-depet'dents was to ha' e
?.i or. account of the dibpo
i on the approoach of
'. '''his falling off is not
: - 'ropes or" the moth
i :u r.poin led. The lion
::. review asserts on
. :hu steel -makers regard
-.-:.- :a;kening in the de
pro:niS of renewed buying
car. The essential ground
? remains as it lias been
a-r.r'y tho low state of sup-
.t'-'te the replcnisitment
" d'jrinf,- liie autumn,
of the locomotive shares
(.o specialties caused the
stiffen in the early aft-
recovery did not last
hia! 'tour the market
". Cven in the dealings
s?, itowever. there was
verkness except in the
y few others. The de-:e'i"-jl
list did not go
0. nls of an ordinary
did riot signify any
1. r.er.t toward ths'flnan
;t -nerely registered the
i?w that prices were
sort of a setback
otrlnnous operation for
.'c beginning of the
pricse after more or
Ht tlte start rose quite
h.ef influence here was
: in what is the most,
just now the export
,i
'VMVWH NAVAL STOHEi.
Ie.-. Sit. Turpentine
:- -"T: receipts 253; ship-
: r. . o r. o .
: .-.-j'.fs l.i'Sl: receipts JCO:
R ' 1 ; . r 5 ; H I .1.97
. - ' M Z.ZZ; WG 5. GO;
IHU'Aun 1'Oli.TnV.
:". ' -T. Poultry, alive
i r ' - : " -. 'jo; springs 23; lur-
1
SKiAIt.
J1---:. 21.- Haw sugar u;i
'.i for centrifugal, new
i'r r,Ul crop.
.i-- rr at the cents for fine
FKEE SERVICE
KKOOM & EURKETT
C0TTOV BROKERS
W. Trade St.
11 1181. Long Distance 998.
.' ; r ; ' '-i;if;'s executed in lots
. . IiaitJ and upward. Orders
- o minutes over direct
:rs.. j wire to xew York.
'.'..' !r!'8e. none too small,
tv fo- telegrams when we
'"o service? Balances
In "'aarlotte promptly.
tRVK'K IS OUR POLICY.
r
i
ERYTHING
Jn High Quality
aiding Materials
fn"fiespectability"and
"Responsibility"
fhese two words lie
Ui to the heart of ev
ey man. We all strive
Z aJhigh p,ace in the
Jards of our commu-"'p-
The first step to
,hrd the realization of
inis ambition is a home
home that you own
Hirself
FJTIZENS
Company
Boulevard
'bones 3472.J473
I
Features
STUART AEST.
Snl orro.spon.lent of The Acvrs.
Copyright, 19-20, by Acnn PubUsbiug
COTTON LOSES
LITTLE GROUND
Co.
UURTHKR DHOP IN CO ITERS.
The heaviness in the copper shares
again today vva's pimply due to inatket
ccnditions. to the presence of a ffir
sixed outside speculative account and
to absence of a short interest. Xoth
mg has happened within the last few
days to affect opinion on the copper
iraue. I-or the moment, the metal has
stopped going up and predict ions of
lo-ceni copper by the first of the ta-
aic not likely to be realized. But
lust judgment still is that. ai.
present rate of consumption, the
maining copper surplus will have
down to normal hv next spring,
that then production will start
asain. This program would be
eieraien ir the German
inauer is settled m a way that would
ue jieipuu- t tiie industrial outlook
in t.ermany whicdi is tlie largest pattuii
o. American copper of arts- of tiie na
tions abroad. The selling- of Kenne.-ou
since the first of the .week has boo i
rather more persistent tlm that in ai.v
of the others. It is understood that
a ( anadian house which recentlv faib-d
.iad a lor of the stock in loans and
that much of the selling came from
this sourre. There is no other reason
vn ienneeotl should have been
eia.lly weak. t is among the
lewest cost producers.
tne
tiie
1 o-
m:
a:ul
up
ar-
eparalioiis
e s ne
ve ry
oi is,
Oil. SHAKES -WEAK.
with the coppers, so with the
There- are the onlv two cronns
m which the public have been dabblm
and they are the ones, therefore, wiioe
market position had become most
vulnerable. This was all that showed
hi their decline today. Pacific Oil
Slid Texas Company went down tiie
easiest although in the case of TVxus
Company those who have been most,
light all along insist, that Pome im
portant announcement regarding tne
t'.:stribution to shareholders of i lie
company's valuable sulphur properiies
is ncur at hand. - Cosden. California
Petroleum and Sinela-r went with tiie
rest. A. somewhat belated move in In
vincible early in the day was nipped in
the bud. There was no reason for liie
special weakness in "White Oil so far
as the company's earnings and general
financial position ar concerned. Kut,
as is well known, a bond issue h-ts
lonp- been under negotiations, and the
assumption was today that this issue
was likely to be offered at anv time
nc w.
UNITED RAILWAYS INVESTMENT.
According to persons interested in the
affairs of United Railways investment
Compnay. nothing new lias developed
recently in the management or operations
of the compnay to influence the movement
of the stock. Lately the company denied
rumors of any reorganization. The dispo
sition of the Pittsburg Railways Company
a subsidiary, in receivership, is awaited.
but officials cannot attribute a rise in
railways investment stocks to any hope
there may be for a favorable or perhaps
early settlement of that case. Railways in
vestment earnings remain about station
ary. The company's fiscal year has been
changed to end December SI instead of
June '30, to correspond with the Philadel
phia Company and other affiliated cor-porations.
FEDERAL MINING AND SMELTING.
The -recent advance in Federal Mining
and Smelting preferred is due to the be
lief that the company is about ready to
begin payment on its back dividends
which now amount to 17 per cent. The
Federal Mining and Smelting Company
had its original location in the Coeur
tl'Alene district in Idaho and in recent
years has acquired zinc properties in
Kansas and Oklahoma. For the October
quarter this -3'ear the company reported
an excess of receipts over expenditures
amounting to $19:1,484, aginast , $178,000
th preceding quarter and $210,000 in the
October quarter last year. The excess re
ceipts for the third quarter this year
would be at the annual rate of approxi
mately Sb.oO a share on the
stock. At the close of 1920 the
had net quick assets equivalent
share on the preferred.
preferred
company
to $12 a
Live Stock
Copyright, lt'l, by w Publishing Co.
Union Stock Yards, Chicago, Dec. LI.
Light runs were reported iu all
branches of the trade today and
sellers had a. chance to boost prices.
About 4,000 cattle were held over from
yesterday and the market was slow
u start. In the hog house . values
vtre higher from the start, while
lambs also showed strength. After
having ordered the market held open
next Monday, the livestock exchange
today issued a counter order closing
tiie market on that day. This was
done after a petition from a large
number fo commission houses had
thown.the necessity of such action on
account of overcrowded conditions in
the cattle pens.
Receipts today were estimated at
5,000 cattle, L'O.oOO hogs, 7,000 she?!
and Iamb"? and 1,500 calves.
f.'ATTLl'i: Some sales of steers
higher but while the run was
paratively light, yet many cattle
held off the market. Quality
rJaln. Good steers sold at $8 to
and some of the
advance of 15 to
general trade was
heifers were also
good canners went
sttady market
good bolognas
were
was
$o.40
sellers claimed an
25 rents but the
strong. Cows and
fully steady while
at 52.25 on a fully
Ruils held steady with
at $t while some prime
calves went to outsiders at ?!J on a
steady to strong; trade. Packers paid
mostly 58 for choice vealers.
HOU.S": Rutchers boss had a, good
market The trade closed strong for
heavy sorts yesterday and these were
best 'sellers today. Most of the good
bttchers sold L'5 cents higher whils
linht grades were 15 to 25 cents up.
Light butchers went at $7 to ;.15
while Iglht lights were placed at ?.10
t) S7.25. Rough packing hogs soid
at $5.25 to $5.50.
SHBKP: Lambs were strong to 25
cftits higher. Quality was plain and
ouotations did not show the full sain.
Choice lambs went at $10.50 to $10.60,
while bulk of prood stuff sold at $9.75
to $10.50. Feeding lambs were stronpr.
the best going above $10 while aged
muttons also were stronger.
si -J w,
steers
plain :
gooa
13
CHICAGO LIVESTOCK.
Chicago, Dec. 21.
CATTLE: "Receipts 5.000:
mostlv steady? some sales beef
ind she. stock stronger; quality
bulk beef steers 6.00 to i.-o;
many cattle still held oft market.
HOGS: Receipts 20,000; active.
to 25 higher than yesterday's aveiage;
mostly 25 hgiher: some butchers up
more: shippers buying liberally, top
7.15 on 160-pound average; 7.10 for 180
to 190-pound average; bulk 6.75 to 7.5;
pigs 10 to 15 higher; bulk desirable
7.10 to 7.25.
SHEEP: Receipts 7,000: killing cla.s
e.; steady to 25 higher; feeders steady;
fat lambs to packers nearly 10.00 to
1U.50; best not sold; fat ewes nearly
a.'io; no choice lights sold: choice come
back feeder lambs early 10.00.
mm
Trading Pretty Well Con
fined to the Evening Up
Of Accounts
II r STIART I ,WEST.
Slaff l orre apondent of The Nevrs.
Copyright, 1025, hj- Av PubliNking Co.
New Vork. Dec. 21. Trading was
pretty well confined to the pre-holiday
evening-up of accounts or switching
from near to late months in the cot I on
market today. There was pvobablv
some scattered selling on reports of a
hitch between Premier Lloyd-George
and Briand and reports as to uncer
tainty of ratification of the Irish
tical.v but generally speaking traders
lound nothing- in the news of sufficient
importance to justify fresh commit
ments in advance of the approaching
three-day adjournment.
The market opened steady at a de
fine of one to sixteen points and
after recovering" to about last night's
closing ligures sold off later in the
morning under small offerings. Most
of these were attributed to liquidation
or speculative long accounts, but there
may also have been some scattered lo
cal selling on apprehensions of some
slight increasing pot offerings during
the balance of the week. Usuallv there
is some liquidation of so-called "Christ
inas cotton" in-the South just before
the holidays hut very little has been
heard fo such offerings so far ih's
v.-eea ana it is Hardly likelv to
any large proportions so "late
year.
assume
in tiie
CHARLOTTE COTTON.
Receipts today, 45 bales at ...
.Iii
cotton
today's
NEW YORK COTTOV.
New York. Dec. 21. The
market was very quiet durine-
eariy trading and most of tile small
lusiness reported consisted of switch m
from January to later months, or fur
ther evening up( of commitments for
over the holidays. Liverpool was just
about as due and the local market
opened steady at a decline of one to
six points under scattered realizing
and a little southern selling, with
January fluctuating between 1S.1S and
IS. 25 right after the call. Private
cables said there had been consider
able price fixing in Liverpool with
the demand supplied by liquidation.
Reports f rom ' the local cloth market
indicated steady prices with small sales
yesterdya but yarns were reported more
active and firm.
Much realizing came from the long
side and it caused a break to levels
16 to 19 points under- the close of
yesterday but .when January touched
1..17 the ring heard much of a squeeze
in that position and a quick up turn
toward noon carried prices 10 to 13
points o-3 yesterday's finals. Januarv
went to 17.49.
The market turned firmer later on
covering by December shorts who bid
the price up to IS. S3 or 32 points net
higher and 50 points above January.
'I he buying came from brokers witn
Wall Street and Liverpool connections
while the selling was scattered and
the strength of the maturing position
led to covering- in later months with
.January selling- at 1S.S2 and March at
is. 14 or about four to eiatht
net higher,
Otherwise there
and general
points
was no
business
special feature-
was quiet.
The demand from December shorts
tapered off rturnig the earlv afternoon
am! after selling at 1S.S7 the price
eased off a few points from the best.
General business remained quiet but
offerings were relatively light wltn
January and later deliveries ruling
about 6 to 18 points net higher or
around 18.22 for March.
CLOSE NEW YORK FETCHES.
New York. Dec. 21. Cotton futures
ciosea barely steady;
HlZh
IS. 45
IS. 28
3 7.81
17.40
16.62
open
18.20
18. OS
17.67
17.20
16.52
Jan
March
Ma y
July
Oct
NEW YORK SPOT COTTOIV.
;ew York, Jjec. 21. Spot cotton
quiet; middling IS.Sv.
Aow
18.05
17.93
17.55
17.12
16.40
Close
J 15.21
1 8.08
17.65
17.23
16. io
SKW ORLEANS COTTOJf.
Xew Orleans, Dec. 21. Realizing by
longs caused a drop of S to 1,2 points
iu the price of cotton today around the
opening-, but reports that any January
notices issued here Friday, the. first
notice day for that, month, would be
stopped by large spot interests, caused
new buying. At the end of the first
half hour of the session prices wore-one
to five points higher than the close of
yesterday. January first fell off to
17.21 and then rose to 17.39.
At levels 10 to 16 points over yes
terday's final prices a new wave of
liquidation of long cotton started and
at 1:30 o'clock prices were only thiee
to seven points up net.
CLOSE NEYV ORLEANS FUTURES.
New Orleans. Dec. 21 Cotton closed
steady at a net decline of one to eight
points:
Open tRtrh
Jan. . 1 7.35 1 7.52
March 17.38 17.59
May 17.14 17.32
July 16.77 16.90
Oct. . 16.01 16.08
NEYV ORLEANS' SI'r.rT
New Orleans. Dec. 21.
steady, 27 lower; sales on
bales; to arrive 945.
Low middling 15.75
good middling IS. 50.
Receipts 3.676; stock
J.ow
17.17
17.26
17.01
16.63
15.95
Clos
1 7.35
37.40
17.12
1 H.i 5
15. 9
coTTOX.
-Spot cottcn
the spot 6S8
middling
13J.S19.
17.50;
LIVERPOOL COTTON.
Liverpool, Dec. 21. Cotton: pot
quiet; prices steady; good middling
11.70; fully middling 11.30; middling
10.95; low middling 9.75; good ordinary
8.20; ordinary 7.45.
Sales 5,000 bales, including 3,600
American. Receipts 300 bales, all
American.
Futures closed quiet. December
10.89; January 10.86; March 30.80; May
10.71; July 10.55; September 10.26; Oc
tober 10.10.
KICHASfiE.
21. P'oreign
ex-
5-8 per
4.20 5-8;
on banks
franc).
D-
KOHEItiS
New York. Dec.
change irregular.
Great Britain (par $4.85
pound sterling): Demand
cables 4.21 1-S; 60-day bills
4.17 3-1.
France fpar 19.3 cents per
Demand 7.38 1-2; cables 7.99.
Italy (par 19.3 cents per lire);
mand 4.oO 1-2; cables 4.ot.
Belgium (par 19.3 cents per franc):
Demand 7.69 1-2; cables 7.70.
Germany (par 23.8 cents per mark):
Demand .57 1-2; cables .58.
Holland (par 40.2 cents per guilders-
Demand 3b.su; caotes 3t.8t
Nftcway (par 2b. 8 cents
Demand 15.S5.
Sweden (par 26.8 cents
Demand 24.95.
Denmark (par 26.8 cents
Demand 20.32.
Switzerland (par 19.S
franc): Demand 19.48.
pain (par 19.3 cents . per
Demand 14.9.5.
Greece (par 19.3 cents per drachma).
Demand 4.22.
Argentina (par 42.44 cents per Ar
gentine paper dollar): Demand 33.75.
.Brazil (par S2.45 cents per paper
milreis): Demand 12.90.
Montreal (par 100 cents per Canadian
dcllar): 93 1-2.
per krone):
per krone):
per krone):
cents per
pesota):
New
closed:
second
end 4
fourth
100.02;
LIBERTY' BONDS.
York, Dec. 21. Liberty bonds
3 l-2s. 93.26; first 4s, 06.28 Did;
4s, 95.66; first 4 l-4s, 96.38; sec-l-4s,
95.76; third 4 l-4s, 97.00;
4 l-4s, 96.20; victory 3 3-4d,
victory 4 3-4s, 100.02.
NEW YORK PROVISIONS.
New York, Dec. 21.-Butter unsettled;
creamery higher than extras 41 1-2 to
42; creamary extras 41; creamery firsts
36 to 40. ...
Eggs firm; fresh gathered extra f'rsts
56 to-58; do. firsts 51 to 55.-
Cheese easy; average run 20 1-2 to
21.
New York,
silver 66.
,,Mexie.an , dollars
SILVER.
Dec. 31.-
-Foreign bar
faO . 1-4,
I Wall Street Grain Market I
New York. Dec. 21. The usual mix
ture of gains and losses, mostly within
fractional bounds, occurred at the
dull and uncertain opening of today's
stock market. Equipments, oils and
food and tobacco specialties again
seemed lo be favored by bull pools.
American and Baldwin Locomotives,
Standard Oil of California. Corn Prod
ucts. American Sugar preferred. To
bacco Products and Retail Stores were
among the few strong issues.
Only a few of the raits were quoted
in the early dealings. Of these. Texas
& Pacific was most active, and firm.
Pressure against prctuinent stocks
relaxed at. midday, call loans then
diepping to 5 1-2 per cent. Among sec
ondary issues, notably Yirginia-Carol:ut.
Chemical, common and preferred. Na
tional Cloak and Suit common and
preferred. Remington Typewriter com
mon and second preferred and several
of the cheaper rails further losses were
sustained.
The closing was heavy. Liberty
isstied steadied but the general bond
list was lower. scales approximated
GCt'.l'OO shares.
NEW Y'Oltlv STOCK
Lah sale.
A iiis-Chalmers
American Beet Sugar . . ".
LIST.
Couyrielit 1921, by New Publishing C o.
Chicago, Dec. 21. Business in the
wheat pit was exceedingly dull the first
hour today but greater activity develop
ed during the subsequent trading, The
passage of the Russian relief bill by the
Senate and November exports of 19.453.-
uuu oushels of wheat and flour from
li""i j which exceeaea expectations in
duced a little buying at the start. Locals
sold and forced a reaction but commission
house buying on the dip was broad enough
to absorb offerings and later local shorts
ma up prices when they covered. On
bulges commission houses
GOOD FELLOWS IN
CHRISTMAS MEET
Singing of Christmas Carols
By Octet Featured At
tractive Program
Christmas melodies charminglv sung
dominated the meeting of the (ioodfei
lows Wednesday .when the club octette
rendered a number of carols and hymns
appropriate to the Christmas season,
the singing of the octette being popu
larly pronounced as never having been
better. With the addition of Miss Ruth
Chapman, soprano.- and W. H. Neal,
baritone, the aetettp 1'vi.Kirloirf fU-oru
ll"s!sakl, had drawn two other of the most
notable singers of the city for the en
tertainment of the Goodfellovvs.
The presentation of charitv cases was
at the hends of Dr. W. H. Frazer. nres-
tnetaent-ot yueens College
.Lewis Riirwpll
.lema.l c;a.t .i,.,- . .V," " . '' i mc JiOiai j LIUU ana
vvimmitiji iti. vi cdi r h iiii
re-
an
Car & Pound rv . .
Hide & Leather pfd
International Corp..
Locomotive.
Smelling & Ref. . .
Sugar . . . . , .
Sumatra Tobacco ..
T. & T
Tobacco .Sec
Woolen . . . . . .
Copper
American
American
American
American
American
American
American
American
American
American
American
Anaconda
Atchison
Ati.. Gulf r W. Indies .
Baldwin Locomotive . .
Baltimore & Ohio .. .. ,
Bethlehem Steel "R" .. .
Canadian Pacific
Central Leatiier .. ..
Chandler Motors
Chesapeake & Ohio .. .
Chicago, Mil. & St. Paul
Chicago. R. I. & Pac. ..
Chino Copper
Colorado Fuel & Iron . .
t'ern Products
Crucible Steel : .
Cuba Cane Sugar .. ..
Erie
General Electric
General Motors ....
Goodrich Co
Great Northern pfd
Great Northern Ore ctfs
Illinois Central
Inspiration Copper
Int. Mer. Marine pfd ..
International Paper
Kenr.ecott Copper
Louisville & Nashville
Maxwell Motors
Mexican Petroleum
Alls mi Copper
Middle States Oil . .
Mid vale Steel
Missouri Pacific
New York Central
N. X.. N. H. & Hartford
Norfolk & Western . . .
Northern Pacific
Oklahoma Prod. & Ref.
Par American Petroleum
Pennsylvania
People's Gas
Pittsburgh & W, Va. .
Ray Consolidated Copper
lieading .
Rep. Iron A- Steel . .
Royal Dutch. - N. Y. . . .
Shell Trans. & Trad. ..
Sinclair Con. Oil . .
Southern Pacific ....
Southern Railway
Standard Oil of N. J., pfd
Studebake. Coloration
Tennessee Copper . .
Texas Co . . i
Texas &. Pacific . .
Tobacco Products . .
Transcontinental Oil . .
Union Pacific
LT. S. Food Products . .
United Retail Stores ..
U. S. Ind. Alcohol . .
U. S. Rubber
U. S. Steel
Utah Copper . . . . . .
Westinghouse Electric
Willys Overlnad . .
Pure Oil
Atlantic Coast .Line ..
Coca Cola
Gulf States Steel .. ..
Seaboard Air Line . . . .
Sloss, Stoef. Steel & Iron
United Fruit
Virginia Caro. Chem.
American Tobacco . .
American Zinc .. .. ..
Invincible Oil
International Harvester
General Asphalt
3S i
32 3-4
1 43
59 5-S
40 3-4
9:) 1-2
44
50 1-S
30 d-8
114
So
4S 3-S
92
31 :;-s
95 1-4
, 25 1-8
56
119 3-4
30 1-S
49 5-8
56
18 ,l-:"
31 7-8
26 3-4
25 1-4
97 1-4
65
6 5-8
10 1-4
136 1-2
10 7-8
35 5-S
7 ;
31 7-S
98
39
63
52 i-4
24 7-S
1U7
112 5-8
26 1-4
13 3-S
17 1-2
w
i r
12 1-4
98
78 1-2
511-2
33 1-8
601-2
25
15
72 3-S
51 7-S
50
;:s
21 7-8
79 3-S
18 1-2
113 3-4
80 o-8
10 1-8
45 1-2
23 1-S
.62 1-2
10 3-4
125 1-8
.10 1-4
53
39 1-8
64 1-4
S3
61 1-2
50
5 3-4
37 1-2
90
40 1-4
46
37
123
27 1-S
133 1-4
32 1-2
12 5-S
52 1-2
66
Curb Market j
Co
Br STUART I'. WEST.
StafC Correspondent ot TUe New.
Copyright, 19J1, by News Publishing;
New York.. Dec 21. AfLer a brief
period of steadiness in the early deal
ings on .the New York curb market,
further pressure developed, especially
in the oil stocks, resulting in a sharp
reaction m many of the high priced
shares. Commission" house business
was generally on the selling side. Stan
dard Oil Issues displayed further' heavi
ness, Anglo-American Oil yielding over
two points and other issues in this
group suffering likewise. Pronounced
vveakness came into the Cities Service
shares, the common at one time show
ing a loss of about three points
Maracaibo and Imperial Oil of Canada
were offered down-sharply. Low priced
independent issues, however, were rela
tively steady and showed little change
m tiie market position.
British-American Tobacco continued
tne feature in the miscellaneous group
holding around the previous high mark.
Swift International attracted a fair
amount of attention and gained almost
a point. Coal stocks were generaKy
lower. Burns Brothers B declining a
fraction while Glen Alden Coal sold, off
over a point. Ajax Rubber and Read
ing rights were a shade easier. Motor
stocks were quiet, Durant showing a
s ". ght loss while Indiana stocks con
tin tied unchanged.
Mining shares were an exception to
the rest of the list, displaying a gea
cr&lly firm undertone. Boston & Mon
tana was the strong feature selling
above the dollar mark. '
wintry temperatures started a bull move
ment in July and the. new crop month
showed much strength. Milling demand
for wheat was slow. Seaboard advised
that the demand there was of a holiday
character. Both the Southwest and North
west advised of indications for small
ceipts.
Lhere was some buying of corn for
Southwest account and later there was
good buying induced by reports of a
gocd export demand. It is believed that
exporters are accumulating corn in anti
cipation of the Russian relief demand.
Local shippers sav Seaboard bids are too
low but they were not too low for some
them to di3oose of over lOO.oou in.s!i.
els. In fact it is a known fact that vps.
terday's business was larger than exnect-
ed. Cold weather is expected to stimulate
consumption. Receipts were big.
Oats were dull and the market follow
ed the trend of other eraifts. Trarle is
JM-ank K .McNinch. former mayor, now
with Community Service. Inc. Mr. Mc
Xinch won the prise of $20 for the most
needy case presented the meeting.
At the conduction of the meeting,
a large receptacle was placed at the
door to hold the voluntary contributions
made by members for the Christmas
fund of the club, and it was indicated
that the offering would: reach several
hundred dollars. The club makes it a
practice during the Christmas season
to remember the poor and destitute of
the community with appropriate gifts
out of a fund provided through such con
tributions as its members are disposed
to make lor this cause.
President Ovens announced that the
membership of the club now stands
l avxi anu mat it was Ins desire to
OCCUPATION BENEFICIAL
Norfolk. Va., Dec. 21. "My observa
tion has been that military government
in San Domingo by the United States
Marines has been- most beneficial to its
people," declared W. W. Russell, Amer.
ican Minister to San Domingo, who ar
rived in Hampton Roads late last nigh!
on the transport Argonne from San
Domingo.
SAW A CORPORAL
(Continued from Page One.)
infantry in France and later a member
of the general staff, said today he may
be the "Major Iloss" mentioned, in tes
timony adduced before a Senate com
mittee in the investigation of Senator
Watson's charges that soldiers wore ex
ecuted without trial.
Major Ross said he was in charge o!
the two executions at ls-sur-Tillr in
April. 1919. A negro soldier according
to Major Ross, was convicted of mur
dering a French woman and a while
soldier was found guilts'- of attacking
an eight year old girl.
Major Ross denied that the entire
command had witnessed the rxeeuticn.
but. said one officer and a squad from
each company were present.
i ill' n piiinr.i-Qnin in, t i: i , ,i . . . ...
vvithnnf foot,,,, r-v. ! , ' - ...v ..... t t vov ltL n l e
. ..vv. ...o-uue. vaou iJiciiuutns were -i-main
" o-i wiii viwer. oinnuinsr nemaiio s nw.
provisions were auite and unchanged
Smaller packers bought a little lard.
Chicago, Dec. 21. Cold weather
helped to stimulate an advance in the
wheat market today after a sag at the
opening. Initial quotations, which va
ried from 3-8 cent off to 1 1-S cents
advance, were followed by a - slight
decline and then by a moderate general
advance.
Wheat, closed strong, 1 3y-l to 2 5-S
cents net higher.
After opening unchanged to 1-S cent
lower, corn hardened a little.
Corn closed firm, 1 3-S to 1 3-S cent
net higher.
Oats started 1- 4to 1-4
off, then recovered.
Provisions were firmer with hogs.
to
cent
CHICAGO
Chicago,
RAIN ANU
Dec. 21
PROVISIONS.
WHEAT Pen HlSh C1"
May 3.14 3.1612 3.13?s l.lS'i
July 1.03 1.05 yz 1.03 i 1.05
CORN .
May 5:t 5 4g 53 5 1 V-
July 54 'i 563 54, 5B
OATS
May 38 38 ?s 37 74 38,
July 384 38 37 S8s
PORK-
Jan. li.69
LARD
Jan 8.70 S.72 S.67 8.72
May 9.15 9.17 9.12 9.15
RIBS
Jan 7.75 7.S5 7.75 7.S5
May S.05" 8.05 S.OO S.'Jo
iy'8
tnere, this being about as mam
as could be comfortably entertained at
the monthly meetings. There -were ad
ditions to tne inembersmp at the dav
luncheon of about 25.
The assembly hall of the Chamber of
commerce was appropriately decorated i
vvuu me seasons testoons and colorful
effect was given the musicians who sang
the Christmas chantings. especially dur
ing the rendition - of "Silent Nisrht"
CASH GRAIN.
21. Wheat, no
CHICAGO
Chicago, . Dec.
reported.
Corn, No. 2 mixed 47 1-4
Xo. 2 yellow 47 1-2 to 48.
Oats. No. 2 white 36 1-4 to
white 33 3-4 to 31 3-4.
Rye. No. 2, St.
Barley 53 to 5S
Timo'thyseed 5.00
Cloverseed 12.50
Perk nominal.
Lard S.75.
Ribs 7.50 to 8.50
to 47 1-2;
37; No. 3
to 6.10.
to 18.50.
ST. LOUIS GRAIN.
St. Louis, Dec. 21. Wheat. No. 2
red 1.16; No. 3, 1.14; December 1.10 3-4;
May 1.14 3-4.
Corn, No. 2 white 47; December 47
3-4; Maq 53 53 1-S.
Oats. No. 2 white 35; December 35;
May 39 1-2.
Bond Market
j Drv Goods Market j I Cotton Opinion
0
By STLJiRT P. WEST.
Stair Correspondent of The New.
Copyriffbt. 104), by Notts Publishing; Co.
New York. Dec. 21. 'Trade in sheet
ings featured the cotton goods market
tc-aay at a slight advance in prices
on some goods. The important mills
will not sell 4.70's for less than 8 1-4,
and 5.50's offered at 7:1-4 were
sold out quickly. The converting trade
tcok print cloths freely but demand
more on sub-counts than has been the
case recently. The fact that converters
began picking up small lots for which
they have been dickering- though hes
itating, was taken to indicate tnat
they are feeling more secure about
raw cotton. There was some trading
(i small volume of staple wide cloths.
JVEYV YORK BIOJHBY.
New York, Dee. 23. Call money
strong; high 6; low 5 1-2; ruling rate
6; closing bid 5; offered at 5 1-2; last
loan 5.
Call loans against acceptances 5.
Time loans firmer; 60 days, 90. days
and 6 months 6 to 5 1-4.
Prime mercantile paper 6 to 5 1-4,
steady.
to 1.75
CHICAGO POTATOES.
Chicago, Dec. 21. Potatoes
Northern white sacked 1.60
cwt.; do, b'uJk 1.70 to 1.80 cwt.-
Red River Ohios sacked 1.65 to i.75
cwt.
TrtahA Russets sacked 2.00 cwt.
Idaho Rurajs sacked LS5 to 1.90 ewe
Br STUART P. WEST.
Staff Correspondent of The Nevi s.
Copyright, 192H. by Nts Publishing Co.
New York. Dec. 21. There were a
greater number of declines, generally
fractional, in bonds wheih have been
recently active than gains in the mar
ket today. It is probable that the
large volume of new railroad financing
has had something to do with the reac
tion that has occurred in many of the
rails. This influence appeared in tha
Buffalo, Rochester & Pittsburgh 4 3 -2s
down over a point, in Great Northern
7s at 107 and in Southern Railway
first 5s which dropped from above 89
to around 88. Lower prices were made
also in the Baltimore & Ohio 4s at 77,
in income 4s of the Toledo and Cincin
nati division of that road, in Atchison
general 4s which lost over a half
point, in Union Pacific 4s and the re
funding 4s, each about a point lower
than last night's close, in. Missouri
Pacific general 4s, Pennsylvania 6 l-2s
and one or two of the -St. Louis &
San Francisco issues. On the other
hand Cuban Railroad 7 l-2s got up to
10d and Peoria & Eastern first 4s con
tinued their advance to 60.
In the industrial section, too, several
of the representative bonds lost ground.
At 84 Chile Copper 6s were over a
point below their level yesterday. The
Wilson & Company issues declined
rather sharply. The first 6s dropped
near 1-2 point and the convertible 6s
got i down to around 85. Marine Cs
lost another point and Smelting 5s fell
off to 87 1-2 then reacted to about. 8.
Weakness occurred in Northwestern
Bell Telephone but other telephone
bends remained steady. Packard Mo
tors Ss regained some of their recent
loss.
Foreign government bonds were still
irregular. Swiss 8s and Swedish 6 s
worked lower and so did a few other:?,
though only slightly. Liberty bonJs
made further declines.
The announcements today of new
railroad financing were numerous and
dominated the news of fresh secuiity
offerings.
The $3,459,000 Buffalo. Rochester &
Pittsburg- railway consolidated moit
gage 4 1-2 per cent gold bonds were
jio'ng satisfactorily at a late hour this
afternoon.
New York. Dec. 21. The feature of
the late forenoon market was the cov
ering by December shorts and the rela
tive strength of that position. Trading
in December will end at noon tomorrow
but there was activity enough in the
position late this morning to suggest
that more than the ohrinary Interest
had been hanging on for the last mo
ment shorts, presaumbly hoping that
late month tenders 'would give them
a better buying basis. The selling of
December was scattered, but the shorts
were evidently disappointed that there
had not been morf than three notices
or that these had not brought out more
liquidation. General business remained
quiet. Aside from the covering move
ment in December, there was no special
fCF.ture. We hear reports of an easier
spot basis in the South owing to Christ
mas selling but the demand i3 good
and a spot man tells us that he is
able to buy and sell spots today.
Exports today 35,533 so far 2,773,
Tt6 against 2,276,039.
POST- AND FLAGG.
NEW YORK POULTRY.
New York, Dec. 21 .Live puoltry
firm, chickens 23 to 25: fowls 21- to 28;
roosters 15; turkeys 45 to 55.
Pressed weak; western chickens 26
to 43; fowls 17 to 33; turkeys 4 9 to 51.
CHICAGO PROVISION'S.
Chicago, Dec. 21. Butter unchanged.
"Bggm higher; firsts 60 to 61; ordinary
firsts 4-3 to 46.
wnicn was
glow of a
all but whispered
moonbeam effect.
m a semi-
REALTY TRANSFERS
Deeds placed on record at the clerk
of the court's office Tuesday afternoon
and Wednesday morning record, among
others, the following realty transfers:
The John M Wilson property, 60 by
3 00 feet on Elizabeth avenue, to Frank
Siiellgiove. for $12,500: the Wallace M.
1'c-ntz property, i0 by 150 feet on Cen
tral avenue for $7,300; the Gardner
property to the trustees of the Meth
odist parsonage, 350 by 150 feet nn
Central avenue, for $15,500. All three
of the deals were made by Frank V.
Jones. '
ARE WITHOUT FOUNDATION
Seralia, Missouri, Dec. 21. Assertions
made by George H. Taylor, o! V1:H.
delphia. yesterday before the Senate
committee investigating tiiargos tba.t
American soldiers were hangeA illegally
in France, that he had seen twelve sol
diers hanged in the vicinity of Ts-stir-Tille,
were characterized as without
foundation last night by George S.
Scruton. editor of the Sedalia Democrat,
who returned from overseas With the
of lieutenant colonel.
Scruton said he was in Is-sur-from
December 9. 1917, to July.
1919, jn charge of the post quartermas
ter's camp, as well as commanding the
rest camp through which thousands of
men passed daily.
"Never during- all that time did T
knnow of any occurances such as men
tioned in the Taylor testimony." he said.
He added that one white man and on.
negro were put to death there after
they had been convicted by court mar
tial and the death sentences approved
by the highest authorities. Both men.
he said, were found guilty of crimes
against women. .
rank
Mi
run j Ti'.le
HUNEYCUTT HAD
(Continued from Page One.)
didn't know until Wed
hig that his name was be-
connection with the inci-
but that he
nesday morn
ing used in
dent.
"1 know Mr. Fisher very well." said
Air. Flowers Wednesday. "anl saw
him when I was in Raleigh, where I
had gone in the interest of the pass
age of a bill in which some Concord
people were, interested, but I didn't ask
Mr. Fisher to introduced any bills for
me."
LEE HALLMAN
(Continued Prom Page One.)
! heretofore proved impregnable. our
efforts" would be futile. It is best, f
all, we. have concluded, to write the fi
nal court chapter in this- case."
Disavowing his guilt, young- ll.illman
v.-ho was recommended for a cotr missior
as Lieutenant in the late war, declare
his intention of going to the state pri
son with the determination to make
H-.otiel prsoner. "I agree with my at
torneys," he said, 'that it is useless
for me to even hope to s?cure ;t Iitv
hat would place ir.ore credence ;n my
testimony than that of the woman in
the case. I told the truth at the trial.
I am not guilty, but I yield to the in
evitable." Mr. Hallman has made no npp'.ic.i
tions for a pardon. "It is my inten
tion." he said, "to leave the question
of my liberty with the enlightened r)'1'
ple of my native country. If at. :-om-future
date they come to the realization
that I have suffered sufficiently
make amends for the offense for which
I was convicted their intercession in
mv behalf would, of course, bo grate
fully appreciated."
JOHN W. TODD, C. P. A. D. H. McCOLLOUQH, C. P. A.
AUDITS, EXAMINATIONS, INCOME TAX RETURNS,
BUSINESS And cost systems.
TODD & McCOLLOUGH
Certified Public Accountants
(North Carolina)
14 Galloway Building. CHARLOTTE, N. C. j
You'll Smile Too When You
Have Joined Our Christmas
Savings Club
It's the one big thrift plan which makes everybody happy
"Dad," Mother, Sister Sue, Bobby and all the rest of the
family.
CLUB IS NOW FORMING. A PLAN TO FIT EVERY
PURSE. A MEMBERSHIP FOR ALL.
HERE'S HOW IT MOUNTS UP:
$2.50
$2.00
$1.00
.50
A
A
A
A
WEEK MOUNTS
WEEK MOUNTS
WEEK MOUNTS
WEEK MOUNTS
UP $ 125.00
UP.V 100.00
UP 50.00
UP 25.00
JOIN TODAY
Select your plan whatever
you can pay weekly for"-5!)
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 charge it?" Answer him
"No." Tell him that $5.00
and $10.00 Bills now are bet
ter than shopping bills on
January 1st.
There is no red tape or bother about joining. Just drop
in the bank and get your passbook, or phone us., Hundreds
of your friends are calling every day and all af'e smiling.
It's your move.
Charlotte Bank & Trust Co.
it
214 East Trade Street.
M. A. Turner, Pres.
J.
W. R. Foreman, Vice Pres.
II. Leech, Cashier.
Li