davidaulloa/AmericanStories huggingface dataset:
Every evening, Wilmington daily commercial., 1922-06-08
STOCK MARKET DULL,
MONEY 3 Il PCT.
Atlas Advances 6M Points; du
Pont Reacts 6H Points;
Dsalings Speculative.

Ry Associated Prsss to Every Evening.
New York. June s.--CWar Street.
1880 a. m)-0ains and loascs, mainly
within narrow limits. attended the dull
opening Of today's stock market.
Traders evidently were disposed to
. walt on impending Developments be-
fore extending their operations for the
long or short account.
Formal announcement OF the details
{. OF the Republic -Midvale- Inland Steel
merger were without pronounced ef-
feet, aside from the moderate strength
Of some OF that group.
Rails were neglected, but the street
WAS not inclined to attach much i'm
rortance to prospects OF a railroad
strike.
Atlas Powder was conspicuous
among the specialties. rising points
Foreign exchange cased on advices
from Paris regarding the attitude OF
the reparations commission toward a
j. German loan.
Noon--AlthouEh call money opened
at the unusually low rate OF sA per
cent, dealings diminished steadily dur
ing the morning. Instances OF tho
markets speculative character in
cluded an extension OF the rise In At
las Powder to 61 points, and an
abrupt decline OF Sis points in du Pont
Sugars were strong on the further
rise In the price of the refined product
Independent stcels and obscure equip
ments held or increased early gains.
Losses OF to 3 points were made
by Electric Storage Battery. WHY'S
Overland, preferred, Consolidated Ga:
and American Can. Rails became NOR,
irregular on selling of Toledo. st. Lou
II and Western, Ann Arbor. preferred
and New Orleans. Texas and Mexico
Every evening, Wilmington daily commercial., 1922-06-08

Continued from page !
that their King should marry Ru-
manian princess
King Alexander Of Jugoslavia sec
ond son OF the late King Peter OF Ser
bia. became heir apparent to his
fathers throne in 1909 when his elder
brother. Prince George renounced his
rights rs a sequel 10 bitter press
campaign in which an almost endless
list OF outrages were charged against
him. The campaign was intensified
by charges that the royal youngster
had murdered one OF his servants
during a At OF anger.
Serbia. upon its liberation from the
Ausirians. became the predominant
state in the organization OF Jugosla via
therefore IL WAS certain that it's
Prince Regent. as Alexander had been
designated when King Peter retired In
1914. was headed straight for the
new throne.
He had won the respect and esteem
OF the Balkans in many waye. but
chiefly through his efrorts TO unite
the Serbs, Croats and Slovenes, for
merly under the Austrian yoke These
endeavors won him the title of Peace
Every evening, Wilmington daily commercial., 1922-06-08
DIVIDENDS DECLARED.

Al America Cables. Incorporated. quar-
'crly oi -. per cent, payable July u.
American snun Co quarterly of 3
per cent on common and III per cent on
preferred. payable July ].
A'.ocis'ed on CO. quarterly OF III
C~lluloid Co. quarterly OF II. per cent
on common, payable June 30.
. Central states Elec ctric Co. u. per
Consoleum Co. quarterly OF 81 a share
on common. payable July Is.
Electric storesse Battery Co. IS cents
snare on common. payable July ].
FINANCE Co OF Pennsylvania. quarterly
Q, u ,S share on first preferred pay4
George " Helme Co. quarterly OF q.
on preferred. payable July /
Hercules Powder Co. quarterly OF 2
pr cen, on common, payable june a..
cents a shsre. payable june 26.
lndependcnt Pneumatic Tool Co. quar-
terly OF S2 shar., payable July J.
Indian Head Mills OF Alabama. semi-
Kelsey Wheel Co. quarterly OF ~ per
ccnt common. payable June Is
Lehish Valley Railroad Co. quarterly
cent on preferred. payable July !. 81 pe'
Manila Electric Corporation. quarterly
OF per cent on common. payable July /
%, uu' op Elevator Co; quarterly Of per
pssi,rSed re- epSH payaSIe tnq july Il per cent on
Lorillard Co. quarterly OF per
ferrcd, payable July l.
Shell Transport and Trading Co
Limited. ~ on ordinary xhares
southeastern Express Co. semi -annua
OF ~, PER cent. payable July l.
South Porto Rico Sugar Co qusrterl,
Of per cent on preferred. payable July
st. Louis Rocky Mountain and Pacin,
Railway Co, quarterly OF ! per cent or
common and II. per cent on preferred
payable June 30
4. Tobacco Co. quarterly Of "a
cents share on common and Ia pei
cent on preferred payable July
tt,ites SECURITIES Corporation quar-
t~riy OF ~ per cent on preferred. pay
colo june 81.
Every evening, Wilmington daily commercial., 1922-06-08
LOCAL SECURITIES,
Reported Daily by Laird L Co, Sc.
curity Brokers, du Pont Buildinr.
FINANCIAL NOTES,

1t is generally believed In the market
here that Phillips Petroleum is planning
nent stock-exchange house is preparing
TO handle the stocks
An Offering OF l.1oO, 900 American Lime
ana sn stone Company nrst mortgage :
Brothers & Co, West q Co. and ir Gra.
ham. Parsons 4 Co at ssi, and interest
to yield 7.l5 per cent
Refinery and station sales of the Sin
clair Consolidated Oil Corporation for
May were the best for that month in
the history OF the company and rep
resented an increase Of so per cent over
May, 1921. Business in June is re-
ported At a rate much in excess Of May.
The Corn Exchange National Bank
says; BY co-ordinsting the develop.
,gnent.' by keeping the leaders in ,dif,
tho same groove. by harmoniIlng the
commercial activities with the intent OF
the government. the speed with which
prosperity Is restored in the country is
Increased. II is we'll TO measure the
Washington conferences within these
lights"
The usual quarterly disbursement OF
pected when the directors meet today
FOR dividend action. Since March there
has bsen distinct improvement in the
SSompanys Sl sc; e,;arnings- June profits. IT II
Ing three months which totaled more
than sl.soo.oo0
Steel prices. says the Iron Age
continue TO gain strength as producers
are forced TO use larger percentages OF
the high-cost coal from Kentucky and
West Virginia. At the same time. the
Steel Corporations policy In adherins
TO the present sheet and tin plate prices
on third quarter business serves TO hold
/ the market I'm check. However. in the
case OF sheets the corporation limits
this action 10 July shipments. in view
OF the possible shift I'm the situation
meanwhile
Automotive Industries says: "A new
production record for passenger carr
and trucks WAS established by the
automotive industry in May Output
exceeded by several thousand the best
previous record. June opens with ever,
promise OF closely approaching the May
| mark There Is no noticeable dIminu
ton in the volume of orders Sales al
retail In virtually all parts of the coun.
| try are gratifying alike 10 manufac-
turers and dealers"
Every evening, Wilmington daily commercial., 1922-06-08
s~s,,sA. isss. NJ w.s..-,

known for the rea son that her life
has been spent quietly at home ex-
cept for n short period in England.
whore she attended schUol.
Her mother, born an English Prin
cess has one of the most interesting
personalities 10 he found among the
crowned heads of EUROPE. While ehe
has been charged with attempting 10
build up tremendous power by
marrying her children To the grea test
political advantage. she has stated
cmphatcally that tho betrothal of
Marie was the result of genuine love
match.
1T IL n mistake and unfair 10 sa Y
that II IN n political marriage" she
said recently. Even among kings md
prlncc~ses thcre is such thing as
love at first sight. That Is what hap
pencd in this case"
Every evening, Wilmington daily commercial., 1922-06-08

Trv an Every Evening want adv
Every evening, Wilmington daily commercial., 1922-06-08

ROYAL COUPLE GUARDED
AGAINST ASSASSINATION
Belgrade. June s-Elaborate pre-
Every evening, Wilmington daily commercial., 1922-06-08
BETTERT0N, MD.
HOTEL RICHIE

Directly on Beach Combination seashore
and country Rest and recreation. Al
resort amusements- Fishing. bathing.
canoeing. tennis. electric lights southern
cooking. Orchestra. special attention
given automobile parties Long distance
phone. ". BRICE. Mgr
Every evening, Wilmington daily commercial., 1922-06-08
To Sell Sterling Stores Effects.

~ Chancellor Wolcott has issued an
order directing Leonard f. Wales and
William s. Clswson, receivers. 20 sell
the business and sssets OF the Sterling
Stores Co. and 10 make returns on
June so
Every evening, Wilmington daily commercial., 1922-06-08
LIBERTY BONDS AT NOON.

by Associated Press 10 Every Evening.
New York, June S.---Liberty bond
quotations nj noon; 3lh's. 10000, first
As. 1920 bid. second As, 1924, first
AS. 100.oa; second 4h's, so.es. third
4hs, 100.0s fourth 4h's. fo0,o2; Vie
tory axe. e9.es bid; Victory ANS,
100.ss.
The Birmingham age-herald., 1922-09-23
LIVELY ADVANCE MADE M WHEAT
 IN CHICAGO PIT
By Associated Press

Chicago, September 22.-wheat made a lively advance in prices b. day, stimulated by reports that the Turks had seized positions barring the Britirh fleet from entering the Dardanelles. Profit-taking led to a reaction in values later. the market closing unsettled at 1hc to axe net gainl with December $1.oS to $1.OS h and May $1.12h to $1.12A Corn finished 1sc off to ssc up. and oats up hc and k to %c and Ac. Pro- visions rose from 21sc to 15c.
 Rushes to buy carried the wheat market sharply upgrade at the op- ening and during early trading. but In subsequent trading heavy sales proved to be more than buyers were prepared for except at some conces- sion from the extreme top figures, the highest since early in June. Nevertheless. bullish sentiment re- mained strong among the majority of dealers.
 Corn and oats responded to the wheat advances, May corn touching a new high price record for the sea- son.
 Provisions were helped upward by active shipping call. both domestic and foreign.
The Birmingham age-herald., 1922-09-23
Cotton Market Has
 Been Irregular and
 Nervous Past Week
By Associated Press

New York, September 22.-The cot ton market has been nervous and ir- regular this week, the result of con- tinued uncertainty as to the ability of the trade to absorb the steadily increasing movement at prevailing prices. The market also has been in fluenced by unsettling news from the near east and reports that Lanca- shire spinners had adopted the plan for organized curtailment. Southern weather has remained generally fla vorable for picking and ginning and practically all reports reaching here indicate that facmers are saving their crops in good condition. As a result it is anticipated that the cen sus report scheduled for publication October ? will show very heavy and possibly record breaking amount of cotton ginned up to September 25. Traders are inclined to compare the prospect with the returns for 1916 when over 4,000.00 bales were ginned to the date in question. The largest percentage of the total crop ever reported ginned to September 25 was 36 per cent, in 1910. On the basis of these figures a ginning or 3,660,000 bales could be reeonciled to a crop estimate of around 10000, 900 bales, and many traders feel thai because of premature opening and the early start the percentage this year may be even greater According to the first of the private and end September reports issued today, the condition has declined to 495 and the crop indication to 9,9S7.000 baIes. On the whole, consequently, the mar kec comment of the week has re- flected no increase in estimates of the yield and bullish sentiment on ultimate values has found encourage ment in reports Of an improving de- mand for cotton goods in the do- nestle markets.
 Buying on these bullish features. according to local brokers, has been restricted by reports that the south is willing to sell very freely at pre- vailing prices and feeling that af fairs abroad are not conducive to any immediate expansion of export demand. The organized curtailment by British spinners of American cot ton involves the closing of the mills on Saturdays and Mondays for one month.
The Birmingham age-herald., 1922-09-23
WEAKNESS WAS| FOLLOWED BY RISE
 N' FLEECY STAPLE
nx Aeeoclated Pre.s

New York, September 22.-Early weakness was followed by rallies in tho cotton market today with Decem- Der contracts selling up from 20.86c to 21.S9c. That delivery closed at 21.17c, with the general market clos ing steady at 8 to 19 points net higher.
 Liverpool cables made a relatively steady showing but there seemed to be a good many overnight selling orders around the ring. First prices were 10 points higher on September points lower and the market was weak and unsettled. Continued ner- vousness over affairs in the near east, continued favorable weather for picking and ginning and reports that British spinners had adopted the schedule for organized curtailment doubtless were factors on the decline. Stop orders were uncovered, but after their execution the market showed evidences of an improved technical position and 1t was rumored that the trade had taken good many con- tracts out of the ring on a scale down. This promoted the rally from 20.60o for October and 2o.6tc for January and while there was some irregularity carly in the afternoon on talk of un- favorable near eastern developm ents, the market firmed up again later on continued trade buying or covering for over the weekend. October ad- vanoed to c1.08c and January to 21.10c, making rallies of about 40 to 48 points from the early low levels and net advances of 22 to 2S points. The close was several points off from the best under realizing and renewed selling for southern account. The ad- vance during the middle of the day was promoted by private report mak- ing the condition of the crop 4s.5, and the indicated yield only 9,978,000 bales. Port receipts 27,536. U. S. port stocks 556,269. Exports today 19,S25. making 457.910 so far this season.
The Birmingham age-herald., 1922-09-23
Spinning Industry
 Shows New Actiuity
By Associated Press

Washington. September 22.-In- creased activity in the cotton spin- ming industry during the month of August as compared with July was reported today by the census bu- reau. The number of active spindle hours was placed at S.033, 3,002.12s, an increase of more than ssS.000,000 over the preceding month.
 Although three cotton spinning states showed declines in the num- Der of active spindles. the losses were slight. and not . single state was reported as showing reduction in spindle hours.
 There were ss,s65.2so spindles in place on August fl, of which 32.- 4ss.324 were operated some time dur ing the month. compared with S6,- s43,o42 in place during July and 31.- s75,26s operated during that month.
 Of the spindle hours. those In cot ton growing states numbered 4.sss,- s73.166, an increase of SS0.000. 900 hours over July; and active spindle hours in other states s.633,12S,s63, an increase of more than s07.S1s.- 900 hours.
The Birmingham age-herald., 1922-09-23

Atlanta, September 22-Statement of re- sources and liabilities of the Federal Re- serve bank of Atlanta at the close of business, September 20:
 Resources--Gold coin and certificates in vault $5412.S7S. Gold settlement fund $25.S21,S S69.20. Total gold held by bank, $S1,234747.20. Gold with federal reserve agent. Ss4.752.6o5. Gold redemption fund, 1.257. 50641. Total gold reserve, s127.- PA. .s5S.61 Legal tender notes silver. etc. $5,733,S16.20. Total reserve s13297S,- 674S1. Bills discounted: Secured by gov ernment obligations ss.7os.ss6 2s; all other, $33. s9s, s00.40 bills bought in open market, $3,964. .190.S7: total bills on hand, $41, ,569. 977.03. United States bonds and notes. $159.200. One-year certificates of indebtedness (Pittman act), ss, ese, 900. All other certificates of indebtedness, s2, oss,- s12 Total earning assets. s477sS 0s9. .03 Bank premises, s1.7sl.e24.61. Five per cont fund against federal reserve bank notes, t467.66o. Uncollected items, s2s. OBS. s12.s5. All other resources si4s.- Se3s2. Total resources. s211,I541l472.
 Linbilities-Capital paid in. sls2a, GOO. Surplus, es.113,b7o.ss. Deposits: Govern ment, e3,s30,1s0.07; member banka, re- serve account. t5o.775.s2s.2S ail other, ss1s.1es.5o; total deposits s5AS2<.17s.s2. Fedeial rsserve notes in actual circula- ton, tl16,5e0. .<0B. Federal reserve bank notes In actual circulation. ta,4<e,2oo. De ferred availability iterns. 1al. .Ssa.s .s6s.ss. Ali other liabilities, s1.1es. .eoe.27. Total iia- bilitiss, eail1B<,it4.72.
 Ratio of total reserve to deposits and federal ressrvs note liability combined. 77.s per cant.
The Birmingham age-herald., 1922-09-23
Volume Reduced
 In Bond Trading
By AssocIated Prens

New York September 22.-Dealines on the New York curb exchange to- day were materially reduced in yol- ume as result of conflicting ad- vices on the Turkish situation and also because of the development of tension in the money market. At the same time a moderate supply was effective in causing declines in the majority of usually averaged Issues.
 Standard Oil moved within a mar row range without important changes. Standard oil of Indiana ranged from 116% to 117A. Kansas was exceptionally strong. advancing 10 points to 5S5. Kentucky was traded in at 107 to 1071s. Prairie Oil was strong feature. selling at 6S5 to $40. Standard Oil of New York showed strength. advancing to 604 and then reacting to 4s3. South ern States Oil held a close to yester- days high level. but dealings were only small. There was continued demand for Southern petroleum
 Industrial issues were generally lower. Durant motors ranging from 46 to 451s and the Indiana shares sold at 121s to IS. Philip Morris was one of the weak futures, de- clining F to 1SA.
The Birmingham age-herald., 1922-09-23
TESTERS COTTON STATEMENT
 I.x Aeaoalafad Rresa

New Orleans September 22.--Compari-
 sons are to actual dates. not to- close of In sight for week, 3S0.0o0 same days last year, BOT, 900; same days year before, 192, 900: for the month, 8l,000; same date last year, 765, 900; same date year before. 527, 900; for season, 1,422, GOO; same date last year 1,3s5,000; same date year be- fore 836, 900.
 Port receipts for season. 5000; same date last year, S53, 900; same date year De- fore last, 42s.ooo Overland to mills and Canada for sea
 son. 66 5000; same date last year, ls1. 900:
 same date year before, 62,000. Southern mill takings for season, tsz 0o0 same date last year. 41S,ooo; same date year before, 33l,000. Interior stocks in excess of August l. 206, 900; last year (decrease), 77,000; year before. 10000. Foreign exports for week, 122,ooo; same I7 days last year. 127.ooo: same days year before, o,o00; for season, 457. 900 ear before, 2f2,0o0. Northern spinners takings and Canada
 for week, 1s.0oo; same days last year. last year. 24b,00o.
 Statement of spinners talzings of Amer
 ican cotton throughout the world srh,s
 week, 1s4.000; same days l. st yer 900; same ' days year before. 14s.
 tai since August l. 1,444, 900: sas
 last year. l.7ss.ooo; same date year
 i. III, 900.
 Statement of worlds visible supply.
 tai visible this week. 3.l5s,577; last VI
 2,s94,136; same date last year, 5.1o3.g
 same date year before. 4,824243. Of
 the total American this week, 1,sss,
 year before, 247e.243. All Aother
 this week, 1.27o.0o0; last week, 1901,
 last year. 1.74S.oQ0; year before, 1,s45
 visible nas soo in the the United States this
 Visible In other countries this week. {
 900; this date last year, a,116,oo0.
The Birmingham age-herald., 1922-09-23
NEW ORLEANS COTTON
 R- AaunoEot0I p,~a.


 New Orleans. September 22.-Extremsiy heavy short covering and bullish crop re- ports put the cotton market to net ad- vances today after 1t had fallen off in the early trading under the depressing effect of war news. From declines under yes terday's close of 20 to 25 points there was rise to advances of 22 to 27 points over October trading as low as 20.07c and as high as 20.60c. In the late trading there were small sags and the market finally wound up at net gains on the day of IA to IT points, October closing at 20 44c.
 While war news was against the market in tho early trading & new argument ap- peared which checked the downward trend. New buyers entered the market on the theory that should hostilities in the Near East develop on larger scale they might restrict the movement of both In dia and Egyptian cotton and thereby pro- vide a wider outlet for American grades Again after mtd-session some little buying was done on the rumor over private wires that the Turks had asked for Q peace conference.
 According to market comment. one or two very large short lines were covered during the day and some of this covering appeared to be due to a private bureau re- port on condition which placed the percen- tage at only 49.5 of normal, indicating 6 crop of but 9.975.000 bales.
The Birmingham age-herald., 1922-09-23
Priuate Wire News
HUBBARD's LETTER

: New York September 2Z.-(SpeciaI)- JAxerpool ca bles were slightly better than due this morning. Regardless of this how ever. commission houses were heavy sell CTS on the opening of our market of De- cember around 21c. After the opening. the market declined further on selling or ders from Wall street and the west. There is a general opinion here now that the market is rather short of cots,n and on any favorable news will have sharp up- turn. Of late there has been little talk with reference to crop deterioration, but we feel that the private estimates that will be due shortly will show 8 decided de- terioration of the crop and that as we look forward to next season the carry over will be extremely small. This short age will. in our estimation. be felt. causing the spinners to become more or lesu alarmed with reference to their supply of cotton. The market closed steady with . slight advance over last nights sloss.-- Hubbard BroA q Co.
The Birmingham age-herald., 1922-09-23
OVER A MILLION SHARES CHANGED HANDS YESTERDAY
m Associated Press

New York, September 2s.-Prices in today's stock market were irregu- lar with the losses again exceeding the gains.
 Trading. which approximRted 1,1oo,- ooe shares, was largely professional Opening prices were inclined to sag probably as the result of forced liquidation due to unwillingness or inability of traders to meet overnight margin calls.
 When this selling had been com rleted, the market rallied, but the bulls were unable to attract support and the market fell back. Short GOV ering by the bears added impetus to tne brisk rally In tho final hour.
 Weakness in rails was attributed in mart to selling orders of foreign origin. Trading was relatively light and most net changes were of frac- tional character.
 Standard OH Of New Jersey con- tinued its upward oourge, register ing 6 net gain of SA. Other changes in the oil group were unimportant Motor shares made good recovery from carly weaknesa-
 Chile Copper continued to show re- HtEShknCc u h64AlAB PA fyactionally. Mixed changes pre- vailed in other copperA
 Gulf States Steel pushcr forward to new high ground for the move rnesrt, registering net gain of 2A,
 Seasonal demand for funds caused A ftxmer tone In the money market. Cali money opened and renewed at pex cent, the highest renewal since June 2S, and then advanced bh per cent, where 1t held until closing. In the time money market brokers bid 4M per cent for the shorter maturf- tics. but the banks showed dfspost- fion to place funds for longer periods at tA per cent on the theory that the yrrAseut firmness is seasonal med a-eta amount of new commercial pa pex was received here, rates showing a firmer tendency.
 Further weakness in sterling was aefributed largely to the heavy of- fering of commercial bills against ex- port shipments.
 Continental rates showed only nominal changes. mostly downward.
The Birmingham age-herald., 1922-09-23
Wool Market Is
 Acfiue and Strong
By Associated Press

Boston. September 22.-The Com mercial Bulletin tomorrow will say: The wool market has been active and strong during the past week, prices having been stabilized by the tariff. There has been considera ble buying of unskirted wools in bond, which were withdrawn prior to the passage of the new tariff, and some interest has been shown in wools to be left in bond until the new tariff should become effective. Tree wools have been sold readily at very firm prices"