Evening Star Newspaper, November 7, 1921, Page 18

- BOSTON TRADERS MORE HOPEFUL ~ UNEMPLOYMENT DECREASING Conditions in All New England +- - Reported Steadily Improving. BY ED§ON B. SMITH. @pecial Dispatch to The Star. 'BOSTON, November 7.—Conditions in all the principsl industries in New Bngland are steadily improving with the exception of the trade in the bet- ter grade of boots and shoes. In the high-grade show business, refusal of ized labor to acoept wage reduo- tions is causing restriction of output @nd in some cases the closing down of ; Moaes. manufacturers declaring that it is impossible to meet western corpetition,. Ths textile mills continue 2o be very busy. aithough sales of the: | of cotton goods have !ome:'hll because of the Righ price of cotton. el"puper industry is in distinctly *‘Detter shape end improved demand is manifesting - itself for lumber and steel. Business men in general are more hopeful and unemployment i decreasing: = Retall trade is display ing seasonal improvement. Sentiment in banking circles is quite confident that the business tide turned definitely for the better. The improvement in some of the European exchanges is believed to be Tesponsible for an increase in the de- mand for sole leather. Easier Money Rate Helps Trade—No Boom in Frisco BY LYNN C. SIMPSON. Special Dispatch to The Btar. SAN FRANCISCO, November 7.— Hankers here continus fo emphasize the fact that easler money and improving conditions have brought increased con- fBdenice - to “ the business world of ‘he coast, but they also emphasize that this section is not having a boom. They point out that there can be no extraordinary revival until spring, but that foundations can and should be 1a3id to. take advantage of prosperity when factories begin. to work full time and-every bone of the specter of unem- ployment is lald to rest. “Activity has been manifested in the last-ten days in the purchase of invest- ment .securities at rising. prices. tall trade has shown some Improve- ment and tions have been resum- o8 In the southern oll flelds on a mod- erate scale after months of delay due to _labor troubles. Farm land values have weakened somewhat owing to falling prices for eertr'~ agricyltural . commodites this does not apply to vineyards as Frapx wnds are in strong demand. The total California grape value for the year has been put at $537,000,000. The automobile market in this section is declared to be poor by many dealers but the trade is inclined to.be spotty and gives evidence of picking up. Best Since-Boom Days of - 1918-19 in Fort Worth Area BY JAMES R. RECORD. Dispatch to The Btar. FORT WORTH, Ky., November 7. Last week will go down in south- ‘western business history as the t of 1918-1919. ease After Every Meal but | ing the cotton they now have on hand. o ST e i 1 astiant: wages. throu, 8 e - oa'{ru. lo,n%%. . Kait Goods. 2 PHILADELFHIA, November 7 (Spe- olal).—The knuuns mol.lill mnnfmu( l”’r— ing hoslery and underwear are still be- hind on orders, slthough production is :geedlnlmul:-n" Uudna‘rwur -orders ‘:or ring oasl; under- wear I8 -selling freely?“ahfl knitted outerwear. trade is-active. Lines Are . = kn;}mbecrv 7 .—The Emergency Fleet Cor- has begun the digposal of & alf million dollars’ worth of steel, ron, lumber and fittings now located at the Pusey & Jones shipyard, at .Gloucester City. Much other material bought by the government for use on ships, the contracts -for which were canceled with the’ conclusien of the war, remains to be gathered up and disposed of. e 5 PITTSBURGH, November 7 (Sp cial).—The McKeesport - Tin Plat Compuny has placed four addition mills in operation and has substan- tially increased _the -number of em- ployes. Conuitions In varnegle, Mc Keesport, Clarion and Duquesne are improving. oration This is true of both the retail andly, jobbing trades. Reports from dry-| goods wholesalers, grocery dealers {and jobbers In auto accessories show {that the last six business days were productive of the best business of the year. Department stores make sim. ilar reports, although they raise com- plaint at the unseasonably warm weather. The weather was the only unfavor- ‘able factor in business. The time for the first “northern” is long since past tand there has not as yet been enough frost to kill flowers and vegetation. Rain is badly needed everywhere, but blllldn l: h‘r‘d eouum::d its great loward prosperity. o 2 An ::d 1"°n ::. {"“Ju of Dlltlldl&g Leather, was furnisl y _actlon o NEW YORK, November 7 (S {umlon bricklayers of Dallas and other | A amall pot steods atraam oF o don: jcities, who voted to accept & reduc-!for cowhides for traveling bags and t‘l&r.nra{h:; ‘.,fif’,.‘:.,:'.“,‘fi .He‘r.; g:rl;mr O:olv-mn i3 flowing into e han . ‘instesd of 312. 'Christmas buying | woeilenthar disters: has begun in the jobbing houses. Country merchants have begun to lay in their Christmas lines and novelties. | Commodity Heqorts ! From Various Sections ey ‘Woel. 3 AMARILLO, Tex., November 7 (Spe- NEW YORK, November 7 (8pecial).— | cial).—huch of the Texas w(lngar ‘The possibility of a strike In the coat|wheat will have to be replanted. Dry, and suit e is believed to be re-iwarm days tfollowed the first seeding, sponsible for the t slump which|undasa it the grain sprouted and been suffered woolens and |is dying. Replanting will not begin —is BOSTON, November 7 (Special). ‘The demand for heavy sole leather continuigg in this market and has been increased by very considerable 33'5:.'{‘ for British manufacturers’ ac- bas y .| worsteds in this mn:rkfl. This is hold- ! yntil the :ruinfalls. The acr 308, 20 taaing 17ROl “wiater and | practigally the same as last ye BOSTON. November 7 (Special).—The wool market Is active and distinctly firmer with medium grades in special $38 Conto-s pound clcansd agajst ot cents & pound cleaned against 4(. conts a weekl ago, and thres.eighths |Decsuse ot -reduced acreage. The blood is §3 cents inst a previousYield per acre this season also is E.',‘“ of 50, with some dealers now | smaller. lding firmly for 55 cents. T —_— Paper, . Cetton. BANGOR, Me., November 7 (Special). FORT WORTH, Tex., November 7|—Wood pulp has been advanced from (Special).—Cotton is 90 cent gath- |43 to 5 cents & pound by the Eastern ered, ginned and sold ughout the {-Msnufacturing Company, the Brown southwest, according to state statistics. | Company and other large pulp manu- ml‘mumhnmwchnmm. 4 e season. (Bpecial). e e n'"n?mw{ a ot ).—" et for fine cotton| NEW YORK, November 7 (Special). goods is very -tmnl-' The supply of |__Ryhber-covered copper wire ha, cotton staple suitable for the manufac- [heen advanced b per cent In price ture of this class of cloth is small and |pere. — This advance has been ac- manufacturers are determined to secure | companied by & similar advance in 28 big returns as possible from convert- | g x" cable nad electrical cord. The 3 electrical cord manufacturers have Thera s InGICAtIOn, ChAL the \noreass Tn | Bare oraeTa theD e i oo PFO” the price of cotton £00ds has checked | 0UC® 6VeR Working overtime. buying in this market to some extent, Poult: but manufacturers are confident that Y buyers will shortly be forced into the| SAN ANTONIO, Tex. November market at present l.vels, as good: | (Special).—The movement of Texas are going into consumption steadily.|turkeys to the northern and eastera o " | markets began in earnest this week. Buyers and butchers are concentrat- FORT WORTH, November 7 (Spe-[ing birds at a dozen interior points clal).—The reduction in freight rates|2nd are shipping in carload lots, The on oil from the New Mexico feld to |Price to the Texas grower is consider- the Gulf of Mexico ha. belped the,ably under that of last year, but the outloak in the new fleld. i number of birds raised will be large, LOS ANGELES, November 7 (Spe- |due to the unusually dry season. cial).—The petroleum output of the Bakersfield district, which had been cut down eight million barrels by the strike of oil workers. now is being Bedns. BAN C1SLU, November 7 (Spe- cial). 'he ‘bean crop will run well below that of last year .n this s Fruit. SAN FRANCISCO, November 7 (Spe- clal).—The citrus fruit harvest has s Them All! it appeals fo everybody - because of the pleasure and benefit it affords. The longest-lasting refreshmelt possible to obtain. - Sealed fight—kapt right in its wax-wrapped impurity-proof »pacvka!e.. * 1 Potomac HE I Qs MW" LIST FEQR NEYT WEER BuUS YOUNG- Wit WE ST.CAUGHT W A CAVERN, 08 ARG TTA S SHOT IN Th DARK = YOUMG WiLDWE ST An PinTo PETERS OR, ™M RiGMT AT BULE HORM RANC M — YOUNG WiLD WESY Ane TH' T’ SMmELTER ¢ OEATH D¢ ‘0B , A OF SPERATE GAME F0R GCLO FoO Tu YELLOW Dwaré B A VA.xtra ¢ Y2 =5, 00 Th T4 0O SMmCxERS N MANILA L 0R P GU'NALDO . PLuck An' LUCK S AN { ) \ /\ N NN THE LVST OF NEWwW DIME NOVELS REACHE S THE VILLAGE S5TORE e begun in central and northern C(oli- fornia, with the crop outlovk very good and the fruit of fine quality. "he shipments this year have becen 60,147 cars, valued at $83,000.000. Notes. PHILADELPHIA, November 7 (Spe- cial).—The unemployed of Philadel- phia and vicinity are steadily being absorbed into industry. The net em- ployment conditions of four-score plants just investigated shows a steady gain, with a number of se- rious labor difficulties settled and no new disturbances of importance in prospect at present. building has taken an unusual spurt #1a local public work is being sup- | bushel, 25a1.00. extensive work on{ plemented _ by state roads. NEW_ YORK, November 7 (Spe cial).—The North German Lloyd line ifrom Bremen to New York, which has not been operating for seven years, | will resume service between these ports January 1. Three vessels will be placed on this run—the Yorck, Hanover and Seydlitz—which will carry cabin and third-class passen- gers and freight. ———— Washington Stock Exchange. Washiogton Gas LIKhe 10 at 49%, 10 at n Gas L 10 a . laea.nm at 49% tiental Trust Co.—2 at 100, 2 at 100. AFTER CALI .06 55—$1,000 at 82, $1,000 at! zarlicky, 1 102, $100 a $300 at 102, at 59, 000" at 102, 102, $100 ‘at $100 100 ot 102, 4100 at 103, ctric 3 . 1. ¢ ]&2' $1,000 at 102, $1,000 st 102, Wash. Rwy. and Elec. geni\6e—$1,000 at Fass. Bwy. ana Bloo, eohlom et 6155, | Potomac guar. Chesapeake and Potomae Tel. Sa. Capital Traction E. R. Ds.... Gt e, b at Metropolitan B. R. Electric Ligh { Potomac Blectric cond. } Pocomac Electric Power Ga. Elsctric Po ! 82, g’}éi 2288 O [y iz !83 3 W3EENSGE §E3eE § & !'s'g-..fi&'::; 3 o |Grain, Produce In addition, | . | blants, bunch, 6a' i i | i | ada. GRAIN AND PROVISIONS. BALTIMORE, November 7 (Special). , 150 pounds, 3.00a3.50 00; 100 pounds, 1.50a2.15 weets and yams, barrel, 2.25a3.5 i 1, 75a1.00; beans, .0022.00; beets, bunch, 4a5; brocoli, bushel, 15830; brussel sprouts, quart, 20a25; cabbage, ton. 20.00a35.00 carrots, bunch, 3a4; caulifiower, bar. rel, 3.00a6.00; celery, dozen, 40a75; crate, 2,005.00; cucumbers, 3.50a3.00: eggplants, crat horseradish, bushel, 3.00a3.50; lettuce, Lima_ beans, bushel, 3.00a3.50; on- fons, 100 pounds, 2.00a45.50; oyster bushel, 5: peas, hamper, pers, crate, 2.50a3.0/ 5al0; savoy cabbag: spinach, bushel, 75a85; squash, crate, 2.5€23.00; turnips, bushel, 7va75. A packed, barrel, 6.00a8.00; No. 2, 4.00a6.00; box apples, 2.00a4.00 loose, 100 pounds, 2.00a2.50; cranber- ries, barrel, 15.00a18.00. basket, 32a35; grapefruit, .50; oranges, box, 8.00a4.00 pears, bushel, 1.50a2.25; pineapples, crate, 4.00a6.50. Selling Prices at Noon. ‘Wheat—No. 1 red winter, spot, no quotations; No. 2 red winter. spot 35 ; No. 3, 1.013; No. 2 red winter, pot, 1.0314; November wheat, 1.03%; December, 1.05%. Sales—Bag lots of nearby by sample, at 95a1.00_per bughel. Corn—Cob corn, old. yellow, quoted at 2.40a2.45 per . barrel for deferred shipment. Contract corn, Spot. nominal; track corn, yellow, No. 2 or uetter, domestic, 63a64. Sales none. Rye—Nearby, 75880 per bushel; No. 2 western export, spot, 79% per bushe No. 3, no quotation. Hay—Receipts, 24 tons; demand s limited and small receipts ample for trade requirements at 16.00 to 21.00. Oats—White, No. 3, 44 per bushel; *| No. 3, 40%a41%; per ton. Stra -N¢ 1 straight rye, nominal; No. 2 straight rye, nmominal; No. 1 wheat, 18.00; No. 1 oat, 14.50215.00. [ICAGO, November 7.—Reports of frést in Argentina gave some advan- tage to wheat bulls today in the early trading. The frost, however, was said +{to be light, and upturns in the mar- ket were not well maintained. Ex- in the that any important advance In prices here would invite imports from Can- Opening quotations, which varied from % cent off to % cent gain, with December at 1.01 to 1.01%, and May at 1.05% to 1.06%, were followed by slight gains all around and then a moderate reaction. Corn and oats were dull and # clined to sag. Corn opened {alg lower to % advance, May 51% to 51%, and then underwent a slight general setback. Oats started unchanged to % higher. May 36%. Later the market eased a little. Weakness in hog values had a de- pressing effect on provisions. NEW YORK, November 7.—Flour— Unsettled: sprlng patents, 6.50a7.00; spring clears, 4.75a5.50; soft winter straights, 026.0 straights, 2526.76. Pork—Quliet; Dull milling, 1.8021.65. mess, 25.00225.36; family, 30.00233.00. Lard—Steady; middle west, 10.46a 10.56. DAIRY MARKETS. BALTIMORE, November 7 (Special). —Chickens, alive, springers, pound, 26a37; poor and white legiorns old hens, 24a27; small and leghorns, 21a23; old roosters, 16a18; ducks, 20a27; geese, 32a30; turkeys, 30a40; pigeons, pair, 35a40 suinea fowl, each, 40a80. ggs, loss off, native and nearby, firsts, dozen, 58a69; southern, 56. Butter, creamery, fancy, pound, 48a49; prints, 49ab1; nearby creamery, 44ad Mll'c! ‘od“ll; l'l!lll.I 21!80:2::?" packed, airy prints, H process butter, 36a37. ——— MEXICO OUTLOOK GOOD. American Interests Welcome, Says Vera Cruz Resident. NEW ORLEANS, November 7.—Con- aitions in Mexico are adjusting them- selves rapldly and the business outlook, ‘both from the standpoint of the native ‘the forelgmer, is brighter than st time during the last five years, ac- to Mrs. James H. Drake, who is Orleans, en route to her home in 4l 508 ARIETVA BAFELING- IEM0S — Tw BRAUrs FATAL CLEW, - CrinG APaOvS Am — FRED FEAQNOT Tr.G To (ATCH TTHE~ THEY $ & NEW ’/;,{7! 1 and Live Stock LOCAL WHOLFSALE MARKET. Eggs—Strictly fresh, per doz., 62a6: average receipts, 61. Live poultry—Roosters, per 1b, 18; turkeys, per lb., 38a40; chickens. spring, per Ib., 28a30; hens. per Ib. 25a26; keats, young. each. 35a60. Dressed poultry—Fresh killed spring chickens, per Ib., 30a3Z; hens, per Ib., 8; roosters, per |b., 22; turkeys. Per. Ib.. 40a45; keats, young, each. 60aTa. | Fork—Dressed, smal Live stock—Calves 12%a13; lambs, choice, per Ib. [ e Avpl b, 4.00 O=.en frul pples, per ., 4.00a {1.00; per bushel basket, 2.00aZ 2 western, per box, 2.50ai.i5: California lemons, per box. 5.00a6.00; California oranges, per crate, 6.560a7.50; grapefruit, 4.0084.75; Florida oranges, 4.50a6.50. | Vemetables—Potatoes. new. per bbl, 3.00a3.75; per sack, 3.50a3.7 sweet potatoes, per bbl., 2.5083.5 lettuce, nearby, per crate, Ual | New York, per crate, 76a1.50: celery, 1per doz., 7521.00: romaine lettuce, 1.00a 150: cymblings, per crate, 2.00a3.00: spinach, per bbl, 2.5023.00; onions, per 100-1b. sack. 5.50a6.00; 'cabbage, ! 2.35a2.50 per bbl; cucumbers, 6.00& l:.sn eggpiants, . 3.0004. ! tomatoes, per X, 00; 1.5023.00 ‘per baske! | a7.00; lima beans, 50260 { per quart; sproute, 20a25 per quart. |GERMAN MARKS DROP TO ABOUT 3 FOR 1 CENT/ NEW YORK, November 7.—German ' marks sold in this market today at i the new low level of .32 cent, or ahout I'three marks to 1 cent. The normal | | price_of the mark before the war was 23.80 cents. Sales here were comparatively small, !although one transaction of 3,000,000 marks at 2 fraction below .34 was reported. —_— COTTON MARKETS. NEW YORK, November 7.Uncertain- ty over the export outlet because of various unsettling feaiures in the for- elgn situation, appeared to be gaining lground as an influence in the cotton 1market here today. The continued i weakness of the German mark was feature most prominently mentioned in this oconnection, while there also was jcomment on reports that Lancashire spinners were considering a renewal of |improve in the near future. |k(~i opened steady at a decline of 13 to 24 points, selling off to 18.23 for Decem- ber and 18.03 for March on the opemin, There was Liverpool, local and scatte; ' ed southern eelling but the market was steady right after the call on covering for over the holiday tomorrow and the ginning report Wednesday. Cotton futures opened steady, Decem- ber 18.25; January 18.05; March 18.03; May, 17.75; July, 17.30. | LIVERPOOL November 7.—Cotton— Spot in fair demand; prices easier; good middling 1 fully middling 13.2: lu.!s midd“n‘.,d 'l%‘; "flrg?,!in[ 1%50 good ordinary 8.85; ordinary, 8.10. Sales 7,000 bales, Including 6,100 Amer- ioan. Receipts 9,300 bales, all Amer- ican. Futures closed sieady. Novem- 11.58; 52; January, ; March, 11.33; May, 11.23; July, 11.05 ; September, 10.69. NEW ORLEANS, November 7.—A decline of 13 to 18 points was regis- tered In the first half hour of trading in the cotton market today, mainly as the result of unfavorable political rumors from India and cablegrams from Liverpool to the effect that while there had been no ballot in Manchester on organized short time imills were going on short time inde- TODAY’S N. Y. BOND MARKET By Special Leased Wire to The Star. w are given the total sales and the high, low and latest prices of on the New York Stock Exchange up lg z;?? ;u:‘ (.ods; ' Belo active bonds 2ape £ < atang) g2 .8.8.8..88 qaaacaaad e eawanan £ESEEESS 5 Bl 2 R S a8 ES REasE Seaca z‘rx:mu e 358 e Bt 104% una“ aneiis e 100% mp Japan 1st 4! mp Japan 20d 4Ks ark Italy 638 A1923. 92 Ing of Norway 8 ing of Sweden 6s. 96 ep of Chile 8s 1941 101 'p Chile fs 192, D of Chile 8s 1948 1013, p of Truguay 8e. I 108% 109 wugsdd orssu [ - FL §oe B o - TR | I PSR 1 1 EEEEE) PP Y unn!a!=;g'§{ 3 L »aoeEc FEEEEERE 225! n Arbor 4s. 31 Atchison gen b B 5 Atlantic Hofin 6%s. 108 46 Balto & Ohio 5s.. 967 21 Bult & Ohia ref Balt & Ohlo cvt 4! Ohio gold pr lien P,LE&WVdiv 71 E°E e L 3 1086, 85 ki Ed gen 6. se B 96 kiyn K Transit 7s. 31 [STHUPNIG v -5 & e 2 & g Enen szeugEn woBbwd ANAR0N00QNAGS: g FREES L o 2 San 2,993000000 & - 2383 7 LB eBaanafan: of Son. Seainzz Q200! S g H 2\ i Eb" i ; 2 Dela & Hud cvt 5 10 Den & Rto G imp 3 $ Den & Rio Gr rf 58 410 Den & Rio G co 4s 713 7 Det Bd r{g 6a ser B 96%, 37 DuP-Nem Pow 7 1023 5 Duq Light & Pow 8s 9815 1 Dug L & Power 6138 8 40 Bric gen lien 4s.. 42! 3 Erie prior lien ds.. 508 2 Erie cvi 4s neries A. 3aix 1 Eree cvt 45 series D~ 423 72 Fisk Rubber Se..... 101 w 45 105 971z %3 $3EEBBELS: § :zssnsgg £ TR R SIS0 YOO Esin m?} 100 977 NEW YORK, November 7. . Low. 105% i 8 2:a. 106% - 158 "Sa T, 87 Mar of 68 so e lmn§= i§§ll!l! s 2% Penna R R Sa. Pa R R gold R R G M REG Do B Sl 2037 e ot 8%, + 3] .,,uuu‘ FE Ek 0SB RRELE, 7002 00007 7 e rrr'agg o LR §§' wn® R = HRRBRI, YRR L oot o 1 125 Sinclair Oil cvt 7% South Pacific evt 33 South Pacific rfg 74 Bouthern Ry con @2 Bouthern Ry gen 10 St OIl Calif deb 11 St & Tube Co Al - 7] 8% 0634 NEW YORK CURB MARKET By Special Leased Wire to The Sta Below a: change up to Sales. 1200 Acme Coal 1000 Am-Br Columbia. 1100 Br Am To Co Cou. 100 Br Am Tob reg. x Buddy Buds oodyear Tire . ear Tire pfd. tre Saf Kazor 175 Goldwyn Pictures.. 5% G Howeil 300 Tobacco Prod: 1200 Texas Guif ' Sul 100 Pyrene 800 Radio C 500 Utd Retail Oundy. 2000 U8 8 Corp. 00 West End 400 Allen 01l 2800 Allied Oil . Ark Natural Ga Cushing Pet . 2300 Elk Baxin Pet Lyons Pet . 1000 Livingston Ol 1300 Livingston Pet .. Maracaibo Of 1700 Mexican Bagle 200 Mexico Ofl 100 Mexico Panuco 2000 in 100 Prod & Ret. 1800 Rod Rock Oil pendently. December fell off to 17.70 16300 8 a pound. | Futures opened stead: 17.72; January, 17.¢' ‘Mfly. 17. July, 16.92. T. 8. TREASURY CERTIFICATES. (Reported by Redmind & Co.) ‘WEDDING PHOTOS OLD STYLE. NEW YORK, November 7.—The old cabinet size photograph of the bride and dressed in_their vedfl‘ln‘ outfits STANDARD OIL ISSUES. 1000 Anglo Am Ofl ... 19% geEBA5 88 * BEReSanks: 19 | i NEW YORK, November 7. given the total sales and the high, low and latest prices o the most active stocks and bonds dealt in on the Curb (Broad street) Ex- 400 U 8 Cont’l ... 1000 West Eud Con ol Tn 1 o N Ry Lquip Chi V'n Stati wer 7s.. at Cleak & Buit S Lenther Rs. b N H & H 4 NY NH & H 45 1922 Otis” Bteel Se. Phila Co be... Keottish-Amn O Sears-Roa 76 1922, Sears-Roe 7n 1923, Seneca e u .o 102 02 @ 10 FOREIGN BONDS (In $1,000). 80 Hamburg 44 3! 27 Repe o?'.\r'# W* 28 Philippines 5! 14 Swiss Govt 5% —— SHORT-TERM SECURITIES. (Beported by Redmond & Co.) B0 A American Tel & Tel. 62 1922...99 1516 American Tel. & Tel 6s 1924 "y Americap Thread Co. 6a 1928 Ameriean Tobaceo Co. 7 1622 THIRD BIG APPLE CROP. ANNAPOLIS, N. 8, Nnvembel'& Three record crops of apples in thre consecutive years is the proud record of the Annapolis valley. It is stated| that when the total of the 1921 crop is known it will be found that the 1919, 1920 and 1921 have varigd than 20 per cent from the norms of 1,300,000 barrels. s £59