I V
Market Review, aWiHis
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COTTON.
netcii spot . . . . j. 17 3-8
ft1". - ..,
rib mini
or U1"
.17.38
.18 1-2
,r.- Associated Trss.)
. .York Jan. 27. Cotton futures
1 Ct;'lU.
July
lil. -is
Pfllu,.',,,. 17 -.7: October 16.40: De
A more
;op iul view of peace pros-
' i m ho lareelv resDonsiblc.
Pefts.b-'mo:imir advance of 6 to 11
iTa' . ,.,-ltnn mnrkpt tnrtnv
vta 111 UK i wit"" .
p0 by brokers who sometimes
fiir Cerman interests was a
w I
( LOCAL MARKETS,
Eggs ...... .. .. 37c
Butter, 1 lb., Country .. .1 ic
Spring Chickens, apiece 25c to 40c
Grown Chickens, apiece. .. .50c to 65c
Puddle Ducks apiece ; 45C
Guineas, apiece ."35c
ee 9c to 10c
Sweet Potatoes, bushel 80c
Irish Potatoes, sack $5 no
20c to 25c
,1.:.. nnnonti'nn orr1 TVTo r
1T1 I UIO v v-w -
;: ,1,1 nr, tn 17 41 rijrht .iftpr
i .(fJCIS M'Hi -
1 .nil or - points above the low
CpI reached yesterday. General buy
uis restricted however, by un-
rmble reports trom me Mancnester
1 1 trade and the falling off in the
ount 011 ship-board awaiting dear
ie with the market comparatively
?et on the advance.
ptiace rumors spread about during
the middle of the morning stimulated
Lving and also had the effect of de
basing offerings. The market firm
j up rapidlv and late in the session
Jooil at its 'highest, a net rise of 32
to S3 points.
Buvins became more active later
fitli May contracts selling up to 17.65
Kid October to 16.65 or about 33 to
-, points net higher. Part of the de
mand came from spot "house brokers,
hjt the bulk of the support was at
tributed to Wall street interests who
Kre believed to he influenced by the
renewed talk of peace prospects. The
jlose was very steady at a net advance
of 30 to 32 points.
lb 15c
$3.2o
$3.00
.$1.10 to $1.40
$3.50
$2.00
..$1.30
JN. C. Hams, lb
N. C. Shoulders and Ribs
Oranges, California.. ..
Orange, Florida
Bananas, 7-8, bunch
Lemons, fancy ;. .,
Tangerines
Celery, bunch ..
Apples, barrel .. .. .. . .$4.25 to 6.00
tseu peppers, bush. 50c
Onions, 110 lb. sack $5.25
Beans, Lima.. .. .. .. ... ,.8 3-4c
Peas, Black eye . . 8c
Turnips, Canadian Rutabaga. . 2 l-2c
?ork, lb llo to lll-2c
Corn, per bushel $1.20
Hides, Green, 20c.
Peanuts, N. C $1.00
Peanuts, Spanish .. ..$1.15 to $1.25
Peanuts, Va 70 to 80 cts.
Wool 32c.
Beeswax . . 28c
WILMINGTON NAVAL STORES.
Suirits 50
Rosin $5.60 and $5.35.
Tar $2.60 and 12 cents.
Crude $4.00, $4.00 and $3.00.
"
STOCKS.
New York, Jan. 27. Peace rumors,
originating in overnight advices from
abroad, were made the basis of a
moderate professional selling move
ment in today's brief session. Ship
ping stocks, motors and a variety of
issues more or less remotely regard
ed as war .shares, were pressed for
sale at extreme declines of 2 to al
most 4 points. Unitd States Steel
also yielded a point, other prominent
industrials and equipments. Rail
roads were ignored aside from a
three-point advance in Minneapolis
and St. Louis. Some of the promi
nent transportation stocks were not
quoted at all. Partial rallies due to
short covering, attended the later
dealings. The closing was heavy.
Sales were estimated at 250,000
shares. Bonds were irregular.
Early prices were lower as a
result of renewed pressure against
the shipping group and motors in
whicn recessions extended from 1 to
3 points Other branches of the active
list were similarly affected. v Indus
trial alcohol, Central Leather, Inter
national Paper- and the leading cop
pers displaying marked heaviness.
United States Steel was freely of
fered at an extreme decline of almost
a point and allied industrials lost as
much or more. The few exceptions
to the general trend were unimpor
tant. Secondary quotations were
slightly better.
LIVE STOCK.'.
Kansas 'City, Jan. 27: HogsRe
ceipts 1,000; higher. Bulk 11.25 to
11.65; heavy li.60 to 11.70; light 11.00
to 11.50; pigs 9.25 to 10.50. , ?
Cattler Receipts 300 steady.; Prime!
fed steers 1.00 to 11.60; dressed beef j
steers 8:50 to 10.90; Southern steers'
7.00 to "9.50; cows 5.50 to 9.50 heiferij
7.00 to, 11.00; stackers 6.75 to 10.00;
bulls 6.50 to 8.50; calves 7.00 to 12.00.
Sheep Receipts 500, Steady. Lambs
13.75 to 14.26; yearlings 11.75 to
12.50; wethers 10.00 to 10.50 ewes
9.50 to 10.35.
; GRAIN MARKET,
Q5y Associated Press.T :
Chicago, Jan . 27 . Peace talk . led
to heavy and general selling today in
the wheat markp.t h
ened rapidly, although" much of the"!' N?w York, Jan. 27. Butter . firm,
POULTRY AND EGGS.
(By Associated Press.)
Kansas City, Jan. 27. -Gutter, Egga
and poultry unchanged.
gossip was based only on rumors that
Germany Was prepared to offer more
definite terms. Petrograd advices,
Which seemed to indicate peace with
receipts 4,655, creamery higher than
extra 42 to 42 1-2, creamery extras 92,
score 41 to 41 1-2, first 36 1-2 to 40 1-2,
isggs Firm, receipts 4,222; frejsh
St. Louis, Jan. 27 Hogs-Receipts
9,000. Steady. Lights 11.20 to 11.65;
Pigs 9.25 to 10.75'; good heavy 11.70
to 11.80; bulk 11.35 to 1175.
Cattle Receipts 900. Steady. Na
tive beef steers 7.50 to 11.50; yearl
ing streets and heifers 8.50 to 11.50;
cows 5.50 to 8,75; stpekers 5.30 to
8.50; calves 6.00 to 14.50.
Sheep Receipts 250. Steady,
Lambs 12.75 to 14.50; ewes 6. 50 to
10.25; Yearlings 11.00 to 12.25.
out victory was not out of the ques- i 5th erexi first 43. firsts 42 to 32 1-2;
icmgciiiwi' BBCOUU 10 IirStS 36 to 35.
Cheese Firm,, receipts 3,387; state
held, special 24 3-4 to 25; do, average
fancy 24 1-4 tp 1-2, .
Live Poultry firm. Chickens 20 to
21, fowls 22 to 23, turks 20. dressed
firm, chickens 18 to 28, fowls 16 to 24.
Lturks 20 to 33.
Cotton closed very steady:
High. Low.
March 17.44
May 17.65
July 17.63-
October 16.65
December . . . . 16.51
17.16
17.36
17.34
16.37
16.50
Receipts.
Cotton 25
Spirits 5
Rosin 33
Tar 48
Crude ..100
Close
bid
17.43 l
17.62
17.60
16.62
16.72
SAVANNAH
Spirits 51.
Rosin $C.10.
NAVAL STORES.
N. Y. SPOT. .
(Dy Associated Press.)
New York. Jan. 27. Spot cotton
juiet middling uplands 17.40; no
ales .
N. O. COTTON.
(T.y Associated Press.)
New Orleans, Jan. 27.-Cotton open
d stody. Opening bid. March 16.68;
Jay 16 . P." ; July 16.97; October 16.00;
)ecember 16.12.
After hesitation on the opening call,
laring which the most active months
est 2 to 4 points, the local cotton mar
it today took on a steady tone and
ose 7 to 10 points on the strength of
ae statistical position. A moderate
Semand was met by slender -offerings,
he market displaying no selling pow
r in the first half hour of business.
"Does your wife attach much im
portance to you?" inquired the intru
sive relative.
Cotton closed very steady atan ad
vance of 31 to 32 points :
High.
March ... .. ..i7.05
May ..17.20
July . . . ; 17.26
October 6.25
December . . . .
Low.
16.68
16.85
16.93
16.00
Close
bid
17.04
17.18
17.25
16.24
16.36
'ORLEANS SPOT.
(By Associated Press.)
New Orleans, Jan. 27. Spot cotton
steady, 6 points up. Sales on the spot
71 bales; to arrive 47. Good ordinary
15.50; strict good ordinary 16.00, low
middling 16.50; strict low middling
16.75; middling 17.000 strict middling
17.19; good middling -17.-87; strict good
middling 17.62.
Receipts 897, stock 476,002.
Allis-Chalmers . . .. 28
American Beet Sugar 92
American Can 49
American Car and Foundry .... 68
American Locomotive 75
American Cotton Oil 49
American Smelting 107
American Sugar 112
American Tel. & Tel 126
American Tobacco (bid) 218
Anaconda Copper 82
Atchison 106
Atlantic Coast Line (bid) .. ..116
Baldwin Locomotive 54
Baltimore & Ohio 81
Bethlehem Steel ..440
Canadian Pacific . . 161
Central Leather , . . . 88
Chesapeake & Ohio (bid) .. .. 64
Chicago, Mil. and St. Paul . . . . 90
Chicago, R. I. and Pacific Ry. ... 31
Colorado Fuel & Iron 47
Consolidated Gas (bid) 131
Corn Products 23
Crucible Steel .. 63
Cuba Cane Sugar 48
Erie 21
General Electric 171
Great Northern pfd 116
Great Northern Ore Ctfs . . . . 37
Illinois Central 106
Inspiration Copper 57
Tnt. Merc. Marine Pfd 85
International Nickel 43
International Paper 48
Kansas City Southern 24
Knnecott Copper 46
7-S
3-4
5-8
3-4
3-4
7-8
1-4
3-4
5-8
1-4
1-2
1-4
5-8
3-4
7-8
1-4
3-4
3-4
1-2
1-4
1-2
7-8
7-8
7-8
3-8
5-8
5-8
1-2
3-S
1-2
1-4
Chicago, Jan. 27. Hogs: Receipts,
17,000; unsettled; five cents above
yesterday's average. Bulk, 11.35(g)
11.60; light, 11.10 11.60; . mixed;
11.1511.70; heavy, 11.2011.70;
rough, 11.2011.35; pigs, 9.2510.60.
Cattle: Receipts, 700; steady. Na
tive beef cattle, 7.75 11.90; Western
steers, 7.7513.00; stockers, 6.00
9.00; cows and heifers, 5.Q010.25;
calves, 11.0015.00. -
Sheep: Receipts, 5,000; steady;
wethers, 9.7511.25; lambs, 11.75
14.35.
COFFEE.
(By Associated Press.)
New York, Jan. 27. Coffee: Rio
No. 7, 10c. Futures steady. March,
8:55; May, 8.66,
Louisville & Nashville (bid) 130 1-4
Liggett & Myers (bid) 260
Lorillard Co. (bid) 226
Maxwell Motors .. '. 55
Mexican Petroleum 1013-4
National Lead (bid) 39 3-4
New York Central ..1011-4
N. Y., N. H. & Hartford 45
Norfolk & Western 137 3-8
Northern Pacific 1081-2
Pennsylvania 57
Ray Consolidated Copper . . . . 26 7-8
Reading 100 3-8
Rep. Iron & Steel . . 78 3-4
Seaboard Air Line 17
Seaboard Air Line pfd (bid) 37
Sloss. Shef. Steel & Iron (bid) . . 66
Southern Pacific 97 3-8
Southern Railway . . .'. . . .... 30 1-2
Southern Railway pfd (bid) . . 69
Studebaker Corporation 106 1-2
Tennessee Copper 15 3-4
Texas Co ..2291-4
Union Pacific 143 1-4
United Fruit (bid) 151 1-S
United States Rubber 59 7-S
U. S. Smelting & Refining . . . . 63 3-4
United States Steel 113 3-8
United States Steel pfd 120 7-8
' Utah Copper 1061-2
Virginia Caro. Chem 44 1-2
Wabash Pfd. B 29 3-S
Western Union 98
Westinghouse Electric . ... . . . . 53 1-4
Sales 233,400 shares
tion for Russia, tended also to spread
bearish sentiment. Opening quota
tions, which ranged from 5-8 to 3 3-8
lower with May at 178 to 180 and July
at 150 to 150 7-8, were followed by
moderate further declines and then
something of a rally.
Corn sagged with wheat on the de
cline, however, leading houses turned
to the buying side. After' opening
3-S to, 5-8 to 3-4 lower, the market un
derwent further losses before begin
ning, to recover.
Oats shared the weakness of other
cereals. About the onlv demand came
from shorts.
Offerings strengthened provisions.
Higher prices on hogs deterred selling
and so too did peace talk.
Subsequently the wheat market suf-
fere'd a much steeper fall, amounting
at the extreme point to 7 1-8 a bushel.
Liquidation' on automatic stop loss;
oraers attained unusually large pro
portions
. (By Associated Press.)
Chicago, Jan. 27. Butter, higher;
creamery, 31 1-4 37 1-2.
Eggs Receipts, 1,829 cases, un
changed. Potatoes unchanged; receipts, 25
cars.
Poultry, alive, unchanged.
St. Louis, Jan
eggs unchanged.
Butter Creamery, 38
27. Poultry and
CLEARING HOUSE BANKS.
New York, Jan. 27. The statement
of the actual condition of the clearing
Week end adjustment of i house banks and trust companies for
trades led afterward to a reaction.
The close, nevertleless, was-heavy, 1
1-2 to -6 cents net lower with May at
175 3-8 to 175 1-2 and July 147 3-8 to
147 1-2. Renewed weakness in corn
developed when wheat began to show
sensational declines. The changes in
corn values though, were confined to
ordinary limits. The close Was weak
at 7-8 to 1 1-4 to 1 3-8 under yester
day's finish.
the week, shows that they hold $191,
383,610 reserve in excess of legal re
quirements. This is a decrease of $11,
089,020 from last week.
- Chicago, Jan. 27. Wheat No. 2
red 181; No. 3 red 176 to 178 3-4; No.
2 hard nominal; No. 3 hard nominal.
Corn No. 2 yellow nominal; No. 4
yellow 98 tolOO; No. 4 white nominal.
Oats No. 3 white 56 1-2 to 57,
to 57 1-2.
Rye No. 2 nominal No
ley 100 to 126; timothy
clover 12.00 to 17.50.
3, 135; bar
350 to 550;
SUGAR.
(By Associated Press.)
New York, Jan. 27. The market for
sugar futures were quiet today but the
undertone was steady on covering for
over the week end, prompted by the
steadier feelings in the spot market.
Closing prices were unchanged to four
points net higher. January 4.14; March
389; May 390; July 395.
Raw sugar easy. Sales -15,000 bags
afloat, molasses '402, centrifugaf '489,
refined steady, fine granulated 675.
Chicago, January 27.
Open Close
Wheat
May ,.1.78
July .-. ..1.50
Corn
May ..' 1.011-4
July 99 1-2
Oats.
May 57 3-8
July 55
Pork
May 29.85
July 29.50
Lard
May 16.45
Ju'v 16.62
Ribs J
January
May 15.65
1.75 3-8
1:47 3-8
1.00 3-4
99 1-8
56 3-4
54 3-4
29.90
29.60
16.52
16.70
15.S7
15.70
NAVAL STORES.
Savannah, Jan. 27. Turpentine,
firm 51; sales ; receipts 124; ship
ments six, stock 17,896
Rosin firm sales
shipments 521;
A. B. C. D. E.
and K. 6.20; M
WW 700.
receipts 1,028,
stock 78,074. Quote:
F. and G. 905; H. 1.
635; N. 660 WG 670;
COTTON SEED OIL.
New York, Jan. 27. The cotton seed
oil market closed firm. Spot, January
and February, 12.40 bid; March, 12.43
to 12.45; April, 12.30 to 12.35; May,
12.31 to 12.32; June 12.30 to 12.33; July,
12.31 to 12.32; August, .12.30 to 12.32.
Total sales, 6,300 barrels.
MERCANTILE PAPER.
f New York, Jan. 27. Mercantile
paper 3 1-3 to 3 1-2, sterling sixty day
bills 4.71 1-4, commercial sixty day
bills on banks 4,72 1-4; commercial
sixty day bills 4.72, demand 4.75 13-16,
cables 4.76 7-16. France, demand 584
1 3-8; cables 5.83 3.8. Marks, demand
69 1-2;' cables 69 5-8. Kronen, demand
110; cables 11.20. Guilders demand
40 1-16 cables 40 7-8, Lies demand 708,
cables 707. Rubles demand 28.60 ca
bles 28.70. Bar silver 76 5-8. Mexi
can dollars 59 1-8. Government bonds
steady., Railroad bonds irregular.
PAGE THREfi
OPERA SINGER, ORDERED TO
RETURN TO GERMANY, TAKES
OUT U. S. CITIZENSHIP
PAPERS.
W-ZyP&
i
Karl Edward Heinrich Jorn, a not
ed tenor of the Metropolitan Opera
Company, of New York, has applied
for his "second papers" for naturali
zation as an American citizen.
It is reported that Jorn, who is still
a German citizen, was recently or
dered by wireless to return to Ger
many, ostensibly to sing at the Royal
Opera, but other reports have it that
he was to be sent to join his regiment
at the front.
McNAMARA, TIRED OF
DUNGEON, TO WORK.
(By Associated Press.) '
San Quentin, Cal., Jan. 27. Aftei
spending twenty-days in the dungeon
of the State prison here, J. B'. Mc
Namara agreed to -obey orders and
today began work in the jute mill.
McNamara, who is serving a life
term for his confessed part in the
dynamiting of the Los Angeles Times
building in 1910, had been working
in the prison laundry but his work
was found unsatisfactory and he was
ordered to the jute mill. On his re
fusal to go there, he was placed In
the dungeon.
"Oh, yes," replied Mr. , Meekton.
"Henrietta realizes that a man she
would consent to marry must neces
sarily be important." Washington
Star. "'' ' .
(By Associated Press.)
Madrid (Via Paris), Jan. 27. King
Alfonso has signed a decree prohib
iting Spanish ships from plying be
tween foreign ports. All voyages
must begin or end in Spain, . The de
cree also requires that the approval
of the ministry of public works be
obtained to all sales of ships between
Spanish subjects. , Heavy penalties
are provided for infractions of the decree.
Stage of water in Cape Fear river at
Fayetteville, N. C, at 8 a. m. yester
day, 10.2 feet, rising slowly.
ilHIHIIIIIIIIIIIIIIIIilllllllllllllllllin
I A
n3
NEAR RICH-MONO, VIRGINIA
r.;:,i :
The Eastern
Oil Company
They Own a
Large Acreage
Outright,
The Company
Is Incorporated
with offices 522 American National Bank Bldg, Rich
mond, Va., is developing what is conceded by the ablest
oil geologists and experts of the United States, as being
one of the greatest undeveloped virgin oil fields in the
Country. . if i J
Besides owning; many leases on the seven-eighths oil
and gas rights of other properties in and adjacent to
Highland Springs, Va., where the oil is actually oozing
from the ground in a hundred or more places, being
trapped on pools and ponds, samples of which were col
lected and analyzed by our State Geologist and other
chemists which showed it to be petroleum of the highest
grade. ' . :: & .!;&..,
K 'so
under the laws of the State of Virginia, and capitalized at
$200,000 and for the purpose of thoroughly developing
these properties for oil and gas, is offering the public an
opportunity to invest in its treasury stock for a short time
at par, $10.00 per share, payable, one-fourth cash, the
balance in 30, 60 and 90 days without interest.
This Stock Has
Been On The
Market
for a few weeks, and subscriptions are coming in from as
far north as New Jersey, and south as Georgia, and this
article is published for the purpose of giving the readers
of The Wilmington Dispatch an opportunity of getting in
on the ground floor of the development before the stock
is all sold. Not however until they have made a thorough
investigation of the proposition for which every, facility
hi .'j.j r i
Will De proviaea lor oy uie oiiipenay.
V J? 1rsis1 TO AND FROM OUR OIL FIELDS, .
JL Olir JatirOaa as provided for in our prospectus under the caption of
TTsvvsy XI7f'D Priift "Our Proposition to You," where you Will see the oil
Jrare WW Xe Mraitl oozing fr0m the ground at the base of well-defined anti
clines and all other scientific characteristics denoting
' petroleum deposits beneath the, surface in largo quan
tities. . . ;
made for this rich oil development are substantiated'by
facts, then you will not be embarrassed by solicitations
for stock subscriptions, but the matter will be passed up
to your judgment or; decision as to the. value of the prop
osition, which is backed up by the additional fact, that
while drilling an artesian well ipr- water, on the Highland
Springs high school lot, a short distance from The East
ern Oil Company's property, the drillers struck oil at 30.7
feet, which fact was quoted a&arnews item in one of our
local papers of, January 25th, 1917.
After Satisfying
Yourself That
All Claims,
Write for Prospectus, Geologist Reports, Analysis of the
of Wilmington Who Have Made rersonai mx
Stockholders, or Any WmIC
Oil and Endorsements of Representative Business Men
ations of Our Oil Fields, and Become Large
Information You May Desire
THE E AS Till :Mt -
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