The Union daily times. [volume] (Union, S.C.) 1918-current, July 19, 1920, Image 5
THE BJ
:
H
I Prices Will Be
TODAY'S SOTTM MAUKE
New Orleans, July 19.?Open
July 37.20 a 37.48; October 34
December 33.28; January 32
March 31.80. Market steady.
New York, July 19.?Cotton
tures opened firm: July 41.00 0
ber 35.00; December 33.50; Jam
32.70; March 31.95.
New Orleans, July 19.?11 a. m.
July, 37.30; October, 34.50 asked;
cember, 33.12; January, 32.49; Ma
31.70. Steady.
New York, July 19.?11:45 a.
bids: July, 41.50; October, 35.01;
cember, 33.30; January, 32.57; Ma
31.48. Steady.
New Orleans, July 19.?^
weather in the belt fear of inert
ed boll weevil damage in conseque
better cables than due and a co'
ing movement of importance am
the shorts al combined to put
price of cotton strongly higher
_ _ day. and in the first hour of busir
the trading months scored gains
26 to 69 points. December was
strongest month and rose to 33.5(
New York, July 19.?Rains in
central and eastern belts over S
day caused a heavy buying mc
ment in the cotton market this mc
ing which advanced first prices fi
two to forty six points above
close of Saturday. In addition
heavy covering there was consic
able new buying being attracted
the wet weather and the deci
strength of cables which ran Octo
up to 35.20 and December to 33
or 48 to 52 points net higher.
Wall street, Liverpool and Japan
interests were also among the et
buyers. Subsequently there was c
siderable realizing by last we
bull traders under which prices
acted about 15. points from the toj
New Orleans, July 19.?At the_ hi
est of the morning the market was
to 69 points up. The forecast of lc
showers for the eastern half of
belt increased the steadiness, m
realizing came from the long side j
the market reacted. Late in
morning October stood at 34.38- j
the gains were reduced to 18 and
points.
New York, July 19.?July was c<
paratively quiet and it was undersb
that considerable cottop was on
way here from Norfolk and Galves
for delivery on July contracts. Wl
the market throughout midday ru
about 15 to 25 points under the hi
est of the morning the undertone >
steady in absence of aggressive s
ing due to the continued reports
boll weevil extension.
Liver Pool,, July 19.?Cotton s
quiet and steady prices higher g
middling 29.93; Fully middling 28.
Middling 27.43; Low middling 23.
Good ordinary 20.43; Ordinary 19,
Sales G'000 bales including 4,
American. Receipts 8,000 bales
eluding 7,100 American. Futi
elosed steady.
New Orleans, July 19.?Liqui
tion was the feature of the late ti
ing and it reduced the gains u
they amounted to only 20 to 16 po
the market reaching its lowest 1<
toward the end of the day. The c
was at net advances for the sesi
of five to 27 points.
New York, July 19.?In the
ternoon further realizing sent pi
off 36 to 44 points from the
wmmmmmmmmmmmmmm
VNNC
utery's gi
\
Starts Fi
i P.iuon In
? uivcn 111 iiiuidudy d rd|
THE
D October declining to 34.85 and December
to 33.16. There was an increased <
disposition to sell for a time while 1
___ the buying slacked off considerably j
due to a few private reports claiming:
ing that the rains in many parts of
i.80; Texas would be beneficial if followed
-.62; by clearing and warm weather.
New York, July 19.?Cotton spot i
^u~ steady; middling 42.25. i
?cto- ]
iarv j^ew Orleans, La., July 19.?Spot I
cotton quiet 25 up. Sales on the
spot 136 bales; to arrive none. Low
bid: middling 29.75; Middling 39.75;
De- Good middling 43.75. Receipts 11.90;
rch, stock 254,747. ,
<
High Low Closing
m. Bid
np December . . . 33.60 33.16 33.28 1
ur~ January . . . 32.78 32.41 32.50 ]
rc"> March 31.98 31.68 31.75 j
New Orleans, July 19.?The cotton
Wet market closed steady at net advances
2as- of 5 to 27 points.
,npe High Low Closing
Bid
/cr" July 37.30 37.25 37.77 I
ong October 34.83 34.22 34.25 S
the December. . . . 33.50 32.88 32.93 c
c_ January 32.70 32.30 32.30 c
iano March 31.86 31.49 31.49 r
less T
?* New York, July 19.?The cotton d
the market closed steady: r
J- High Low Closing Bid ?
July 41.60 41.00 41.75 j
the October . 35.21 34.85 35.02 g
>un- , m i b
>ve" MARKET REPORT
irnrom
1
t^e Chicago, July 19.?Unfavorable
to crop reports from both sides of the
jer_ Canadian boundary led afterwards to s
a sharp advance. The close was r
strong, 6 1-2 to 8 c net higher. t
^er Com closed firm 2 3-8 to 3 1-2 c g
qq net higher.
Chicago July 19.?Cash wheat
eae number two red 280; Number one, 1
irjy hard 287; Number two hard 285;
,on_ Number three hard 282; Com number
eks two m'xed 153 1-2 c a 154. Number
re_ two yellow 154 a 165. Oats number
j two white 96 1-2 a 99 1-2; Number 3
three white 93 a 98. Rye number two
222 1-2 a 223. Barley 117 a 123.
g " Timothy seed 1000 a 12.00. Cloverseed
25.000 a 35.00. Pork nominal.
,cal Lard 18.95. Ribs 15.50 a 16.50.
the
uc^ New York, July 19.?The trend of
and prices were distinctly downward at
the the sluggish opening of today's stock
an{j market. Developments over the
2;- week-end, particularly -the railroad
industrial situation were not of a
hopeful character, and the shorts
promptly renewed their recent selling
tactics. Steels, equipmnets and oils 1
were especially vulnerable, losses in
?od those shares extending from large
the fractions to a point. Motors and
ton their specialities recorded nominal
^.je gains and rails were irregular.
New York, July 19.?Raw sugar
K ~ steady; centrifugal, 18.06; refined
^teady; fine granulated, 22.00 @ 22.50.
of
New York, July 19.?Live poultry
dull; no quotations. Dressed poultry
pot steady. Western broilers, fresh 65 @
ood 60. Western chickens, frozen, .40 @
68; .48. Fowls, fresh, .28 @ 42. Roosters,
.63; fresh, ."24 (3> .25.- -Turkeys, frozen, .57
.43; @ .60; turkeys, fresh .60. )
900 ?-?
in- Chicago, July, 19.?Potatoes weak;
ires receipts, 85 cars; Virginia,, 11.75 @
12.21 barrel.
*
ida- Chicago, July 19.?Cattle receipts,
rad- 16,000; opened steady to strong; calves 1
and desirable stockers, strong; handy ^
ints weight butcher bulls, steady. ]
8ve* Hog receipts 80,000; mostly 25c to 1
'ose 3^ higher; top 16.45; bulk light and 1
?ion jight butchers, 16.40; bulk 250 pounds i
and-over 14.25 @ 16.10; pigs strong
to higher; bulk, 13.60 @ 14.50. . 1
af- Sheep receipts 21,000; blow, steady; ices
native lajnbs, 15.60; bulk, 14.50 @ <
top, 16.00; choice western ewes, 8.60. *
4
)UN
IEAT CLEA
riday Mo
ier. Now, The Wait
: BA
Chicago, July 19.?Butter firm; f
ireamery, .44 @ .50; eggs unsettled,
irsts, .43 @ .44. Poultry, alive, unsettled;
fowls, .32; springs, .32.
LIBERTY BONDS o
e
New York July 19.?Closing prices j,
were. 3 1*2 a 90.92; first 4s 85.46; t
second 4s 84.70; first 4qrs 85.73; r
second 4 prs 84.84; third 4prs 88.56; ^
Fourth 4qrs 85.18; Victory 33.14 j
35.80 Victory.
COTTON SEED OIL \
New York. July 19.?The cotton Q
seed oil market closed steady prime
summer yellow 13.35 a 14.00. Prime s
:rude nominal. July 13.40; August a
13.50; September 13.65; October j(
13.83; November 13.45; December
L3.35; January 13.40; February 13.45. ?
Total sales 21,000.
c
MONEY AND EXCHANGE
t
New York, July 19.?Mercantile t
laper 7 3-4@8. Exchange heavy. I
Sterling 60 day bills 378 3-4; commer- t
ial 60 day bills on banks 378 3-4; v
ommercial 60 day bills 378 1-4; denand
383 1-4; cables 384; francs de- n
tiand 823; cables 825; Belgiait- francs 8
lemand 875; cables 877; guiders de- b
nand 3475; cables 3777; Lire demand n
>86; cables 588; marks demand 256;
ables 257; New York Exchange on
dontreal 121-4 per cent discount; e
rovernment bonds irregular; railroad t<
ionds steady; time loans strong; 60
lays, 90 days and six months 8 1-2.
COTTON SEED MARKETS
F
Washington, July 19.?The cottonleend
products report for the eleven
nonth period, August 1 to June 30
innounced today by the census bureau v
ihows: v
Cottonseed crushed, 3,996,690 tons. L
Products manufactured?crude oil E
.,207,597,931 pounds. i<
Refined oil, 966,109,259 pounds.
Cake and meal 1,812,158 tons. u
Linters, 609,269 bales. s<
Stocks June 30: Seed (at plants) o
14,392, tons. e
Crude oil 45,506,682 pounds. n
Refined oil, 326,069,628 pounds. p
Cake and meal, 176,352 tons. s
Linters, 212,294 bales. Exports:: ii
Oil, 148,755,372 pounds. v
Cake and meal, 210,801 tons.
Linters, 49,546 bales. E
CY" YOUNG ?
JUMPS LEAGUE ?
a
Petersburg, Va., July 19.?"Cy" ^
foung, the former Pittsburg Pirate
litcher. last nicht. illmUio P^/>m
>urg Virginia league club, having ac- ^
epted an offer with one of the clubs
n the ''Million Dollar League."
Young has been the mainstay of the ocat
club and was regarded by many -y
is the premier hurler of the league,
following the junping of Young, a
varrant was issued against "Cy"
^erce, scout for the league, charging
iim with soliciting labor in that city. F
The Million Dollar League s an inlependent
organization composed of
owns in South Carolina, Alabama,
Georgia and Florida and is said to be o
>acked by a number of wealthy men. h
number of Virginia league players f
iave jumped the league in the last S
'ew weeks. i:
VICTORY FOR AMERICAN I
Wimledbn, England July 19.?Wil- I
iam M. Johnston of California, Am- 8
irican Tennis Champion defeated A.
ft. F. Kingscote of Great Britian here f
;oday in a hard fought match, sixthree-four
-six-three -six-six-fourseven-five.
Todays play was supplementary to e
the series between the British and t
American Davis cup teams which end- i
ed Saturday in a victory for the Am- t
srican. ' 31
CE\
N-UP AND
rning, Ji
of a Few Days Will I
lTTI
NEWSPAPER MEN P
IN ASHEVILLE
Asheville, July 19.?Sixty-eight
lewspaper men were elected members I
i tl^ Southern Newspaper Publish- ^
io Aasutmiion at tne opening session \
lere today of its 18th annual conven- t
ion with this number equal to total I
nembership of the association at the t
ime of its first meeting in Asheville c
8 years ago. Aside fjom election s
if new members the main business ort
oday's progarnt was the address by c
b-esidotit James H. Allison, of Fort *
Vorth, Texas. Following the hearing t
f the reports, the convention was c
ddressed by H. N. Kellogg, of the as- c
ociated Newspaper Publishers Associ- 1
tion, who spoke on the labor probem,
and Walter G. Bryan, publisher C
f the New York American, who led
, decision of a five cent basis, ten
ent Sundays and nine column papers.
Discussion of the wood pulp situa- i
ion was followed by an addregs on (
he subject at the afternon session by 1
J. A. Sherman, Associate Forester of 1
he Depaortment of Agriculture. The t
irogram also included discussion of
ewspaper and agency relations* t
econd class postage, the Thompson i
ill, newsprint and uniform routing of <
ewsprint. 1
Following adjournment the publish- <
rs and advertising men opened a golf *
Jurnament at the country club links. 3
The session will last through Wed- $
esday.
f i *
OLES WITHDRAWING
TO SOUTH
nr T.-l <n mL. T-11 I
"ttisuw, juiy lv.? iiie roies are
withdrawing to the south and south- f
west from the railway junction of
iida, which has been occupied by the *
lolsheviki in their drive in the direct- *
>n of Grodno.
This Bolshevik sweep across Lith- *
nia is giving the soviet forces posession
of a rich harvest, as they are c
ccupying thousands of acres plant- a
d by the Poles, the grain and hay 11
ow standing in stacks. The Polish v
opulation is fleeing before the Bol- *
hevik onrush. The peasants crowd- 8
ig the roads with their livestock and
ehicles loaded with household goods. ^
The food in the warehouses at
tielostok, stored there for the use
f the children who are fed by the
American relief Association is be- c
ig loaded upon cars for shipment to li
safer place. The refugees in the |<
tielostok region also are being re- t
loved as a precautionary measure, tl
It is said in Polish quarters that a
he' retreat on the northern front is s
eing continued in an orderly way, s
ccording to plan. The Poles, it is i
eclared, lost little rolling stock and g
lot a single working locomotive. It d
s at Lida that the railway gauge
hanges from the Russian broad S
:auge to the standard width.
ORM COALITION
AGAINST FRENCH F
ti
Beirut, Syria, July 19.?The Bed- q
uin tribes of Northern Mesopotamia a
mvp fnrmpH n pnnlitinn ncninst. the
French, while Feisal, head of the
lyrian state, is endeavoring to organza
the bandits west of Aleppho into
i movement against the French,
flashes between the Arabs and e
French are expected any day and the e
ituation is tense. F
IUSSIA WILL AGREE* c
- TO ARMISTICE v
a
London, July 19.?The British Gov- c
srnment today received a note from v
he Rusian Soviet. Government stat- *
ng that Russia was prepared to agree
o an armistice and to make pece with *
Poland.. _ ,
1EN
CLEAN 0
ily 23rd
ie The Means of Sa<
:ry
HnnmnBHHBHnH
rtULTI-MILLIONAIRE
AND FAMILY RESCUED
Chicago, July 19.?Lauren Wilder
Vlulti-Millionaire head of the Amalgamated
Machine Company, his wife
vho is a da&ghter of James A. Paten,
the Wheat King and Millar
Brainard, Vice President of the Neut al
Trust Co. of Chicago were rescq.J
1 1 ?I "
:u yusveruuy wncn tneir canoe capiized
about a mile out in the lake.
The wore rescued by Lieutenant
rames Breese, U. S. N who designed
ind engineered the NC-4 on recent
ransatlantic flight, his wife and Jar>ld
May who pulled the stroke car
>n the Cambridge crew during his colege
days.
COMPANY ALLOWED
TO ADVANCE RATES
Greenville, S. C., July 19.?Official
eports were made today that the
inance committee of the city council
las agreed that the Southern Public
Jtilities Company should be allowed
o advance gas rates.
The committee resumed its session
o determine upon the exact amount of
ncrease. The company who owns and
iperates street railway, gas and elec;ric
in many towns and cities of the
^arolinas has petitioned the Greenville
Council to advance the gas rates from
>1.40 per one thousand cubic feet to
!2.35.
JOLSHEVIKI
ATTACK REPUSED
Warsaw, July 18.?Occupation of
Jda, (50 miles south of Vilna) by
he Bolsheviki after heavy fighting
s reported in a communipue issued by
he war office today. In Southern
'olesia the Bolsheviki drove out Polsh
mountaineers in the village of
)abrocia.
Among Bolsheviki attacks adds the
ommunique have been ^ repulsed
round Husiatyn and Arzomanis and
n the region of Dubno. The Bolsheiki
are reported to be regrouping
or a drive on Kovel (about 75 miles
outh east of Brest-Litovsk).
TREET CAR
SERVICE RESUMED
Chicago, July 19.?Normal street
r.r service on the Chicago surface
ines was resumed this morning foljwing
a compromise agreement yeserday
afternoon by which three
housaud electrical workers, shopmen
nd trackmen who have been on
trike for four days, will receive subtantial
increases retrocative to July
. Raises asked for tinners and two
roups of class B electricians were
enied.
OLD TO CHICAGO LEAGUE
Richmond, July 19, Jim Poole, first
aseman, and Artie McWhorter, right
and pitcher, have been sold by the
Richmond club of the Virginia league
o the Chicago American league team,
'hey will report to Manager Gleason
t the close of the Virginia league
eason, September 11.
SAVE OUR BABIES.
The fund for our babies has reach
d $100 and the check has been maild
to the authorities at Saluda. Mr.
t. A. Jones sent us a check for $14
nd that made it possible to mail the
heck today. He asked how much
/as needed to make out the amount
ind when told, immediately sent a
heck for the full amount with (food
/ishes for the continued success of
he institution.
If there is any one else in the
:ounty who wishes to lend a hand, the
rimes will be pleased to forward the
i mount.
X
T~ I
UT SALE
i/ing Many Dollars I
AGREEMENT CAUSES
MUCH COMMENT
Hamburg, July 18.?As further
particulars come to light regarding
the agreement between the HamburgAmerican
Steamship Company and
the American Ship and Commerce
Corporation, by which the former
German trade routes are to be opened
to American shipping, the belief
is deepening in shipping and financial
circles here that it constitutes one of
the most momentous events for Germany
since the war. Through it the
Gorman^ the means of regaining
touch v.'ith the outside world and an
opportunity for Hamburg lo re-C?*-a,b~
lish a semblance, at least, of its former
position as a great port.
But apart from the commercial
benefits expected, the Germans attach
much political significance to the
agreement. This was emphasized today
by Wilhelmn Cuno, general manager
of the Hamburg-American line,
who, in an interview with The Associated
Press, declared:
"I call your especial attention to
the fact that the agreement must not
only be considered from a business
viewpoint, but must be regarded as a
trial at re-establishing good relations
between the two countries. The
way we have taken will be the only
possible one to resume relations between
Germany and foreign countries
in the near future. The war
left a deep gulf between the belligerent
countries and disorganized entire
economic order. The normal state
of things can only be restored if
representatives of economic interest
vimwavv/1 tu mm mutual UilClt'SL III U
more binding connection than was
possible in pre-war times."
Herr Cuno stated the Spa conference
supplied the "best proof that
co-operations of the nations cannot
be affected by a victorious government
dictating decrees to a beaten
government."
"The experience of our negotiations
with the United States confirms
this," continued Herr Cuno. "From
the first day we took up discussions
with the full knowledge that this
first renewal of friendship on an important
and vital point would have
to be sincere and binding."
Herr Cuno said he was satisfied the
agreement would prove a success.
Believing it would be the reopening
of peaceful working relations between
the two countries.
It is understood that there is no
foundation for reports printed in
German newspapers that American
ships would be placed at the Hamburg-American
lines' disposal.
That a huge ship building program
is contemplated not only by the
Hamburg-American Company but by
other German lines is evidenced by
preparations now in progress. It is
believed that if sufficient material
cannot be had, arrangements will be
made to import American steel,
which at the present rate of exchange,
can be laid down cheaper
than the German product.
i.: 1 1 r
Hicuiiuiiiii' on nit" low it enu 01
Hamburg harbor a new ship building
plant which, it is said, is destined to
be the largest in Europe, is nearing
completion. The Hamburg-American
line is one of the principal stockholders
in this concern, which will begin
operations within eighteen days and
facilities for quickly doubling its capacity.
_
SELECTED MEMBER
OF TRACK TEAM
New Orleans, July 19.?Lieut. Don
M. Scott, selected as a member of the
American Olympic Track Team, for
several years has been one of the leading
athletes of the south and held the
southern championship in half mile
running events. He won the national
half tnile championship at Newark,
N. J., in 1917.
He entered an officers training camp
shortly after the United States enter
ea the war, became a captain, but upon
becoming a regular army officer after
the war was reduced to the rank of
Lieut. He was born at Woodville,
Miss, and graduated from the Mississippi
Agricultural and Mechanical College.
Efforts to catch a pet canary paralyzed
traffic on two of the busiest
! streets of Kansas City, Missouri, re|
cently. The bird was finally captured
by a traffic 4>oliceman.
*