PAGE FOUR
|l! !|! ||| H |lj
!■ •S&v HI 1 m Sl\ Jtl HI lifi^sssl^r ' I
\sBSSBmGSSi
Where the prices make shaping Easy
It Never Fails to Produce a Bumper Crop
Post and Flagg’s Cotton titter.
New Yot-fc,. June 10.—Considering the
flood of bearish crops news and tin;
strongly bearish sentiment in speculative
circles generally it is a matter of some
surprise that the market should have ex
hibited a tone so generally steady and
should not have developed more weak
ness. The explanation may be in part
that there are already so many short that
there is more wanted on the easy sjatts
than is readily available as the more im
portant shorts prefer waiting for strong
spots on which to sell rather than add
to their lines on declining markets. It
is also true that crop news while on
the whole favorable is not entirely flat
tering and there is a wholesome respect
in some quarters for the ability es July
and August weather to bring about a de
cline in condition as has so often been
demonstrated in the past.
Trices also can hardly be termed other
than reasonable by comparison with the
average on recent years and somehting
more definite in the way of an assurance
of a large crop seems required before
I the Time FISHER’S The Place I
-fa • JW ‘*~*v>*lrx. -1
I ( H
EM n i -1 Ip!
jy iHTH!|Wbgrtl
K • 'jj . ■ - -',l- ;■■■•■. ’• ||
■as s' Th6y Are Selhn g- them Today and Be Fitted ' l
| Group A Group B Group C Croup D ■
lH tIM Mid " dM QO to 74 an/i HA 1M
Hs d7xvcqr -y • • .. ■ : ■ |l/t■ ' jn.o? tcmu up pi]
pressing closely on declines trill seeui at
all prudent. This may be the way but
if there, are to be any serious crop re
verses which are also among the possi
bilities that evistißg technical position is
quite large enough if sensational results
are to be avoided. Those Sections of
Texas where the drouth lias been most
acute have received no relief and are in
deplorable condition and late planted cot
ton everywhere is making disappointigly
slow progress except possibly ia Arkansas
which seems the most favorable spot so
far. The spot situation continues very
strong anS the spot months in contract
markets holds generally firm though
showing some irregularity at times.
Trade is dull though it could be worse
and certainly was so a year ago, but
the small volume of business reflects dif
ference of oponion as to pidees between
primary ad secondary distributors rather
than lack of willingness to buy on the
part of the ultimate consumer if he could
find the goods he wishes. The titme is
steadily drawing, nearer when news is
likely to cease to favor short* in any im
THE CONCORD DAILY TRIBUNE
————a—
porttmt way and the jwtentisl buying
liower under the .market can hardly be
over-estimated.
POST AND FLAGG.
tottou Goods Market.
New York, Tune 10.—Cotton cloths
markets esHSjtinued quiet today with a
trend to lower prices in some directions.
Sheetings and convertible were especial
ly inactive.
Cotton yarns sold in moderate quanti
ties for South American shipment. Raw
silk was 10 cents a pound !oweJ\ bring
ing quotations back nearly to the level
from which the recent rise began. Silks
continued in full demand for printed
•splieiV fabrics. The worsted dress goods
markets were affected by a letter sent
to garment manufacturers advising them
to go slowly on falT lines until an in
vestigating committee has reported to
Governor Smith, the. assumption being
that a denial of guarantees of working
time in operatives may lead to labor
troubles. Burlaps were in light demand.
USE PENNY COLUMN—IT PAYS
. T* 1 " : --n ~7
CONFER DEGREES
ON THREE ALUMNI
Sylvester Hassell. George Gordon Battle
and Walter Murphy Made Doctors of
laws.
Chapel Hill, June 10. —Three sons of
the University of North Carolina were
awarded the highest honors within the
power of the institution to bestow today
when the ddgree of doctor of Igws was
conferred upon them in the presence of
a great company of people. The awards
were presented by Governor Angus W.
McLean and President Harry Woodburn
Chase.
Sylvester Hassell, D. D.. one o[. the
oldest living alumni of the University;
George Gordon Battle, distinguished New
York attorney and citizen, and Walter
Murphy, leader in legislative support for
the University for thirty years, were the
three sons of the institution to be hon
ored with tlie awards of degrees. The
citations were read and the candidates
presented by- Dr. Archibald Henderson.
Walter Murphy is a naHVe of Salis
bury. Rowan county, was educated at
this University. Washington and Lee,
and the United States Naval Academy.'
Formidable football player; able Secre
tary to President George T. Winston;
editor of The Tar Heel. Admirably
trained as a lawyer, he early entered
the arena of politics where he hate served
his state with great ability, energy and
patriotism for more than a quarter of a
century in the General Assembly—twice
speaker of the house, chairman of the
budget commission, elector at large. A
wizard of memory, knowing thousands of
University graduates, founder of The
Alumni Review, and twice president of
the Alumpi "Association, he has for many
years devoted unstinted efforts to enlarg
ing tlie material foundations, and magni
fying the fame of his alma mater. Upon
this loyal boii—“Pete’’ Murphy as he is
affectionately known everywhere—who in
season and mit of season, in fair weather
and in has stood in the very fore
front of the hottest battles of legislative
hails as valiant and successful champion
of the cause of higher education in North
Carolina, the University' will now confer
the degree of Doctor of Laws.
EDWARD CANTER LOSES
LIFE IN YADKIN RIVER
Aigh Point r Man Is Drowned While
, Fishing at Grubbs Ferry.
Spencer. June 10.—Seized with what
[ was supposed to be an epileptic spasm
? to which hp 'was subject Edward Can
ter. aged about 25 years of High Point,
was drowned in' the Yadkin river a'
Grubbs Forty two miles from Spencet
Tuesday. It is said a party es fishermen
■ from High Point was fishing at various
t places near the old ferry site and that
. the other members of the left Mr.
- Canter seated on the river bank at a
convenient, place to fish and had been
- oiit of sight for an hour. On their re
• turn they found- lie hud fallen into the
- stream wheee the water has considerable
I depth and was drowned. His body was
. recovered and sent back to High Poißt
1 for burial. It is said Mr. Canter was
s unmarried and had been in High Point
t only a fen- months. • ,
i -
Marblehead, Mass., the great ynoht
, ing centre of-the North Atlkntie coast.
5 has eighty owes scheduled for the eoin
, ing season, jmi A
‘
Nearly oti hgif of the foreign-born
population *f New Yjork State came I
I from Russia- and Italy.
IMM tfl -II ni1..1.1 illll || ■llllTl
WHAT'S THE MATTER IN CHINA? I
Charlotte Observer. :
There is war in China. And that is']
about as much as the average American ]
knows about it, perhaps. Careful read- I
ers of newspapers, however, have noted |
reports that the trouble which has cen- |
tenered around Shanghai was fomented |
and is feeing fostered and promoted by |
the Bussian Soviet. It is rather sig- ]
n ill cant that an Associated Press. Wash- !
ington dispatch carrying the report that ]
in the American capital the Russian |
Soviet had been connected with the up- I
rising in China was printed in the en- I
tire Soviet press of Russia and that im- I
midiately aroused O. 8. Zinoveiff, chair- I
man of the executive committee of the I
Third Internationale, came out in a mil- I
itant pronouncement endorsing the re- |
voult in China, which he as
a struggle between the Chinese prole
tariat and “imperialist countries which "j
seek to enslave China.” Supplement this ,
statement was a joint appeal by . the com- 1
munist internationable, the Rid Traders
nationate. calling upon the workers and i
T'nion and the young communist inter- 1
peasants of the world to support the j
ft niggle of the Chinese workmen against i
their oppressors. It urges them to pro- 1
test against that which the capitalist ]
bourgeosis of all countries are trying to i
foment —an armed struggle, with the aid '
of various Chinese generals for the dlvi- ,
sion of China and for the strangulation i
of the Chinese peasants and workmen.
“Let us protest against this,” says the
appeal, “and against the occupation of 1
Morocco and other colonial countries by !
foreign powers.”
Dilating on the historic significance of J
present evCnt in China, M. Zineovieff j
pointed to a declaration of the late Ni- i
kola Leni tie. prophesying an uprising of 1
the proletariat against the bourgeoisie ]
and a revolt by colonial peoples against i
their oppressors. The prophecy, he as- j
serted: is now becoming a reality. j
“The time is not far away.” says Zino- i
vioff, “when the,, distant darjon call of I
revolution will be sounded between Slung- |
hai and Calcutta. Hankow and Madras, ,1
Tsing-Tao and Cairo, and Pelting and j
Alexandria, while at the same time there l
will be a similar revolutionary ceremony I
between enslaved colonial countries on j
the one side and the proletariat of New J
York. London. Paris and Tokyo on the i
other. , j
“The events of the last few weeks j
show clearly how, relative only is the po- J
liticai stability of the present interna- >
tional situation. The war in Morocco, j
events in Shanghai, the growth of tin- !
employment in England, the victory of j
Von Hindenburg. and evidence' of a fi- 1
naiH-iai crisis in France and Oermapy, j
all show that capitalism is doomed. In- i
tyrnational proletariat, guided by the 1
communist internationale. will bury if j
forever.” . . 3
So here we have oil explanation —the j
Russian Soviet explanation—of what id j
the trouble in China. Assuming that 1
Zinovieff speaks with autkorify. it is an j
admitted fact that the Russian BdVlet i
.is behind the trouble around Shanghai I
and proud of the tact. Also we haye j
once again an authoritative statement of 3
the world policy and program of the I
Soviet government—a government which j
thus far the American government has 3
refused to recognize despite the demands i
and bleatings of some misguided or nn- 1
patriotic American citizens and officiate, j
In the coming poiu tournament tor 3
the national junior championship the I*, i
8.. Army team will make a determined ]
effort to recover the title, which they
won in 1022 and 1028 only tolose it i
hurt year to the horsemen frohrThe Far J
West —the famous Midlothian Country *
Club team of Pasadena. ,
Two New York women of limited j
means have devised an ingenious ex* j
change plan to eke out their wnrdrofees. j
: The two exchange bats, couts, furs and J
(Other articles of appaiel.and as they ]
Wove in different social sets their little \
deception id never discovered. <
' — :j== - !
j HRtH |H nlo m SmJ&B
I ' —******** ■
1
|tmtffE t ‘^r , *i I ‘[
[' ' INSURE ! *
When You Start To Build
The right time to take put insurance is when you start
building. Then if through any cause your btiitffihgf should
burn, even before completed, the Insurance will cover your
loss. . •'* „
fetzer & Yorfce Instii-aiflice Ageney
Successors to .Southern Loan and Trust Co.
P. B. FETZER f' a. JONES YOIfrKB |
I ' - Hard-Boiled. This
Goodyear Heavy
I Duty Cold
W 7
* How would you like to have a tire that cOOlatt’t be licked?
j Drive it hard—give it the bad news—Win It Awhere short
9 of < naH plant or a glass works.
8 -Easy now! Don’t crowd. We’s got plenty for you. - "'i
O The new Goodyear Heavy Dity Cotd for passenger cars,
x Made with extra plies of SUPERTWIST—extra elastic
5 and strongw-armored with circumferential sidewall
O with the famous All-Weathfcr Tread. 1 r
A / Costs what? Let us give you the good news—confidential. '
I Yorke&WadsworthCo.
J' . ' , THE BIG HARDWARE STORE
g Phone 80 Uniop And Church St.- Phone 30
qfltfPSbbobbcwoooooooooooooocweooooooooooooooooooeoooo
1 CEMENT
PLASTER
I LIME
I Mortar Color, Plaster Paris
j n*ih .QDAV ™*«strb*t
r*jr
-’ ' '
The Petilfty Ads. Get
Thursday June IT 1025