Galveston Tribune. (Galveston, Tex.), Vol. 43, No. 285, Ed. 1 Thursday, October 25, 1923 Page: 6 of 14
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THURSDAY, OCTOBER 25, 1923
GALVESTON TRIBUNE
6
)
EIIIBSIIIRIIIIWIIIKIIIIESIIIEIIIAiI!MIliLAIIIEUSIIES
COTTON GINNING FIGURES.
>
New Orleans.
the census bureau announced today.
To Oct.
Strand Between 22d and 23d
Streets, Galveston.
g
Strong Board of Directors
CHICAGO GRAIN.
ARRI ED,
Yes’day.
■
where-the bulk of the crop is still in
MOVEMENTS OF VESSELS.
VESSELS IN PORT
DANIEL RIPLEY 4 CO.
STEAMSHIP AGENTS
Roads
VLtie)
28.40
Low middling’
Marine Bldg.
NOTICE TO MARINERS.
zmema
mm
32.00
Middling fair
h
STRAIGHT UNE METHODS
4
For Great Britain ..... 14,474
George W. Barnes, (Tampico)
4
14.800
For France
9 62
CHICAGO CASH GRAIN.
14,721
Total
AGENTS
Galveston, Texan
Steele Bldg.
Minnie de Larrinaga, Fowler & Mc-
UIIMKIMMIIMMLIMIIKIIIHEIIIHMIIIMMlIHIIIMMIIMIIMMIIIMMINIHMINIHMINIBGIIIMIIIIWMIIIIIIIIBSIIIEMIIIIIMIIIEIIILAIIIHIIIE
.... Roads
Vitie ...
KANASAS CITY CASH GRAIN.
S3
San Jacinto (New York), Morgan Line
TO VENICE, TRIESTE, ALHXANDMIA AMD PIRAEUS
Truxtun (Frontera), Southern Banana
RAROMETER, SUN AND TIDES.
NEW YORK MONEY.
USSB WEST CHATALA
Associated Press.
By
USSB DIO .
VESSELS EXPECTED.
due
TAMPA INTER-OCEAN STEAMSHIP COMPANY, AGENTS
STEAMER ANCHORS AT KEY WEST.
un-
I
WORK IS RESUMED.
A
re-
Ss Afel
HAMBURG
1/
NEW YORK COTTON.
By Aesectatec Prere
increase of 67,650;
MOTORBOAT LAUNCHED.
GALVESTON, TEX.
increase of 8,450; Gulf Coast,
Galveston
2215 Ave. 0
West Indian Services
Office Security Building
Gulf Coast $1 a barrel.
8
MARINE NOTES.
■
DAILY WEATHER SUMMARY.
RADIO REPORTS.
Ecrly Oct.
1
SiumimmimmtmmlmilIMIIIEIII•IIIMIIIEIII•III•IIII
Th® steamer Afel, Lykes Brothers,
i
Today.
.. .15.97
41%
44%
Oct. 29
Nov. 8
41%
44%
Oct 18
Oct 88
May . . 1 11%
July .. 1 07%
55.550,
133,100,
72%
70%
71%
72%
70%
71%
1 12%
1 08%
USSB EDGEFIELD
USSB VICTORIOUS
Oct 81
Get 81
73%
71%
71%
41%
4 4 3/8
U.S.S.B. SS JOLEE ..
U.S.S.B. SS HIGHO .
8
■
16,000 bales of cotton Monday,
kens & Biehl are local agents.
a North German Lloyd vessel.
n
I
The Dallas cotton man who went to '
New York a few days ago to take any
cotton that might be tendered on con-
tracts came out with flying colors. He
put October up about 150 points in a
41%
44 %
Lone Star Steamship Co.
Steamship Operators and Agents
for spot cotton closed firm and
changed. .
Ordinary .........................
1 11
1 07 3/8
FOR BREMEN:
Werra, Wilkens & Biehl, due Oct. 17.
Cody, Lykes Bros., due Oct. 20.
Hertha, Wilkins & Biehl, due Oct. 20,
were ginned.
Ginnings by states to Oct. 18 this year
were:
16.04
16.34
16.94
17.59
17.89
18.39
7,000.
k
Good ordinary .
Low middling •
Middling ......
Good middling .
Middling fair .
Munsomo....................
Mexicano ........... ., ... ,
Montrose, Lykes Brothers, .
January ....
February ...
March ......
April .......
May ........
June ........
July ........
August .....
September ..
October ....
November ..
December ...
The Morgan Line steamer El Cid ar-
rived Thursday from New York with
a general cargo.
Alameda ...........
Benjamin Brewster
Baytown...........
Tamiahua, Morgan Line
Tomalva (Lykes Bros.) ,
Trevithick, Lykes Bros.
Tresthney ..............
... 99%
. . .116%
Oklahoma, 213,459; South Carolina, 507,-
909; Tennessee, 85,806; Texas, 3,214,900;
Virginia, 14,014; all other states, 6,662.
Ginnings to Sept. 25 revised returns
show were 3,235,974 bales from 11,882
ginneries.
Yes’day.
16.84
16.72
16.62
16.49
16.39
16.22
16.05
15.61
14.90
17.39
17.00
16.93
74
71%
72%
24.25
25.75
1 11%
1 08%
SS Southseas—Porto
Dominican Ports.
)
V
I
1h
DR. G. M. Guiteras Makes
Announcement.
Sales—Spots, 263; f. o. b., 450.
NEW ORLEANS FUTURES.
Futures closed very steady.
January- . ..
March ....
May ......
July .......
October . ..
December .
Corn—
Dec. ..
May ..
July ..
vats—
Dec. ..
May ..
Lard—
Lacuna (Br.), London.
El Cid (Am.), New York.
West Durfee (Am.), Liverpool.
Edgar F. Luckenbach (Am.), Los An-
geles.
Tacoma (U. S. cruiser).
Lacuna ......................
Lena Luckenbach .ee.ee
Lake Gadsden, Lykes Bros ..
Lake Florian ........ j
Middleham Castle, Fowler &
Yes’day.
24.00
25.00
26.00
27.00
28.00
29.00
30.00
30.75
31.10
31.35
31.60
Trading Thursday Rather
Light.
BLACK HARDWARE
COMPANY
2
l
i
l
s
I
1
s
f
I
(
j
I
1
Corporation..........
U. S. Tacoma............
Werra (Wilkens & Biehl)
Yes’day.
29.60-65
29.70-73
29.75-80
29.25-27
30.50
30.10-16
. . . .Nov. 8
. . . Nov. 23
. . . .Dec. 8
. . . Dec. 23
. .. .Jan. 8
Dry Dock
... Roads
....... 29
Stock Sales Approximated
600,000 Shares.
LIVERPOOL FURUREB.
Futures closed steady.
I
Repairs to Hull, Boilers and
Machinery
Dry Dock
Dry Dock
: McVitie
....... 36
........35
... Roads
....... 35
Galveston Dry Dock and
Construction Co.
® BIgland, Chambers & Co., Ltd., m
5 Agents at Antwerp. =
January
March . .
May .....
July . .. .
October .
December
9 62
9 25
TWO SCORE ISSUES
HIT NEW LOW LEVELS
... Ship Channel
Pier A
.... 10
28.77
30.40
31.75
32.42
32.91
Sailings From Galvestoa
and Texas City.
MARKET SHOOTS
UP LIKE ROCKET
922 AMERICAN NATL INS. ELDG.
Jas. Chambers & Co.,
Liverpool, Owners
Regular service to and from
GALVESTON, GHENT
AND ANTWERP
B ARCELONA-VALENCIA
Arrives
..................Oct. 28.
OPORTO—-PAS AGES
...................Nov. 17
KOBE—SHANGHAI
...................Oct. 27
...................Nov. 5
1
I
Salla
Nov- 5
. i
Nov. 20
U.S.S.B. SS WEST HOBOMAO .
U.S.S.B. SS SCANTIC..........
U.S.S.B. SS LIBERTY BELL ..
=
........................................
IIMIIIMIlIHIIIEIIE:IITMI:IEIIIEIIIIIIIEIIIEIIIIIIIE
t CASTLE LINE i
" i
Te Cuba, Porto Rico, Jamaica
and Santo Domingo.
LIFT RESTRICTIONS
ON VESSELS NOV. 1
(
sition went out at 105 points over De-
cember, selling around 31.20 just be-
. fore midday.
NEW YORK SPOTS.
j New York, Oct. 25.—The market for
1 spot cotton closed steady and 75 points
Maritime Agency Minne.
Agents at Ghent.
Fowler & McVitie,
Agents at Galveston.
REGULAR LINER SERVICE GALVESTON AND TEXAS CITY
TO
GALVESTON, HOUSTON AND TEXAS CITY
TO GENOA AND NAPLIS
Sails from
Houston
City of Philadelphia .... Ship Channel
C. C. Morse, D. Ripley & Company..35
Domingo de Larrinaga (Fowler & Mc-
1
For other Foreign .... 33,624
For Coastwise ........ 14,000
Compresses and depots.252,315
)
up.
Good ordinary ................
Low middling ................
Middling .................•• • •
Good middling ................
Middling fair .................
Sales, none.
NEW YORK FUTURES.
Futures closed steady.
8. 8GITCOVICH A CO.
Operating U. 8. Government
Ships.
FOR RATES AND OTHER INFORMATION APPLY
THE STEELE STEAMSHIP LINE, INC.
SAILED.
Baton Rouge (Am.), Tampico.
El Valle (Am.), New York,
Afel (Am.), Bremen.
South Seas (Am.). Porto Rico.
Agwidale (Am.), New York.
Cardonia (Am.), Lisbon.
.. . .27.75
. .. .30.25
. .. .31.37
.. . .31.87
f
By Associated Press.
Vera Cruz, Oct. 25—Work was
1
J
i!
"Ml
4 A
*
J
Ss Tomalva i.
Ss West Norranus
Ss Nishmaha • • • •
Ss City of Alton. .
506-509 American National Insuranee Bleg
Agent* fee
Munson Steamship Lines
Sew York
The following data was made pub-
lic Thursday by the local office of the
United States weather bureau:
BAROMETER (SEA LEVEL).
At 7 a m. today, 30.25 inches, which,
corresponds to 768.4 millimeters.
SUN TOMORROW.
Sunrise tomorrow, 6:27 a. m.; sunset,/
5:39 p. m.
TIDES.
High—3:42 a. m. and 6:42 p. m.
Low—11:07 a. m.
Yes’day.
29.52-59
29.48-52
29.40-42
29.00
29.95-30.03
19.67-72
TROSDAL, PLANT & LAFONTA
Operating U. S. Government Ships—Besular Liner Service
Today.
....16.96
....16.84
.. .,16.73
.,,.16.59
,., .16.49
. .. .16.33
... .16.17
.. . .15.71
.. ..15.01
,....17.51
, ... .17.14
....17.04
a
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aiiiwiiBiiisiiiHiiiRiiisiiiaiiisiiiaiiiiEiii^iiraiiiEiiiiSiihHiiiisiii^i^iiianiHii^iiiani^iwiisiii^
| OSAKA SHOSEN KAISHA g
m To Kobe—Yokohama, Nagasaki and Shanghai §
a SS SEATTLE MARU.....................Due Nov. 10 Sails Nov. 20 2
= SS MEXICO MARU ......................Due Dec. 24 Sails Dec. 28 E
Sails from
Galveston
8351
sailed for New York Thursday with
USING YOUR BANK
You are invited to avail yourself
of the facilities afforded by this
bank in all of the departments.
---•--THE —--—
First National Bank
1895 of Galveston 1823
Southeast Corner 2za and Strand
:ron:Qo 3
.....Nov. 25
8
27,962
21,900
48,878
7,000
356,731
3,729
5,670
781
4,541
GALVESTON MARKET.
Galveston market for spot cotton
closed steady and 40 points up.
The steamer South Seas cleared
Wednesday with 309,000 odd feet of
yellow pine for San Juan, 74,000 odd
feet of yellow pine for Arecibo, 163,000
feet of yellow pine for Aguadille; odd
lots of lumber for other West Indian
ports, and a general cargo. The Lone
Star Steamship Company is the local
agent.
LIVERPOOL MARKETS.
Liverpool, Oct. 25.—The market for
spot cotton closed easy and 7 points
ERNST & ERNST
AUDITS - SYSTEMS - TAX SERVICE
723 Bankers Mortgage Bldg., Houston Phone Preston 3197
Today.
. . . .30.00-05
. . . .30.01-07
. . . .30.15
.. . .29.53-63
....31.20 •
. .. .30.58-65
... 32%
... 32%
... 96%
... 40%
... 16%
... 89%
... 1%
. . .127%
.. . 5b
... 51%
... 31%
. . . 87
...56
. . .“75%
... 7%
... 56%
... 7
West Hobomao (Trosdal, Plant & La-
fonta) ..............Ship Channel
Worden, (Frontera) Southern Banana
Corp.............. 19
West Durfee, S .Sgitcovlch & Company
............... Dry Dock
#
B
i
i
Today.
.. . .29.96-30.00
.....29.85-89
....29.72-75
....29.30-33
. .. .29.58
. . . .30.09-12
FOR GENOA:
Ferot, Texas Transport & Terminal
Company, due late October.
Jollee, Trosdal, Plant & Lafonta, due
Oct. 25.
*
1
#
continued six to twelve below normal
except minima near normal in Okla-
By Associated Press. =
Washington, Oct. 25.—Cotton ginned i g
prior to Oct. 18 totaled 6,400,579 bales, .1 =
including 173,994 round bales counted as : M
half bales and 8,754 bales of American i «
Egyptian and 260 bales of sea island, !
. E
18 last year 6,978,321 bales, । a
including 124,869 round bales, counted =
The Morgan Line vessel
souri, 34,419; North Carolina, 563,717; ' Erection of the first pulp and paper
19
1
Lifting of yellow fever restrictions
on vessels entering Galveston, effec-
tive, Nov. 1, was announced today by
; Dr. G. M. Guiteras, United States
quarantine officer, acting on instruc-
tions from Washington.
Hitherto vessels entering port from
infected ports, principally Mexico and
Central America, have been compelled
to undergo a period of detention as
well as fumigation.
Improved conditions have brought
about the order lifting the restrictions,
it is believed.
r
El Valle
New York Central. .. .
National Lead.........
Wil- । The positions of ships at sea as re-
She is । ported by the local U. S. naval radio
station Thursday afternoon are as fol-
lows:
Baton Rouge, 35 miles east-southeast
of Galveston.
Toto, 37 miles south of Sabine; bound
to Beaumont.
Cody, left Beaumont for Galveston.
y
■ '
J
j|
By Associated Press.
New York, Oct. 25.—Heavy selling of
the coppers, low priced rails and cer-
tain specialties carried more than two
score issues to new low levels for the
year in today’s stock market. The cus-
tomary leaders held relatively steady.
Sales approximated 600,000 shares.
Close.
. Texas City
,. Baytown
Texas City
Southern Railway
Ss City of Weatherford.
Ss Tomalva ............
Ss Westland.............
Ss West Norranun.......
Ss Chester Valley.......
Ss Nishmaha ...........
Ss Brave Coeur..........
Ss City of Alton .....
Ss West Tacook........
heavy frosts occurred at many places
in Arkansas and Louisiana eastward to
i the Atlantic coast with killing frosts
or freezing temperatures at a number
of stations in the Mississippi valley.
There was some rain in Central and
Western Oklahoma, but special reports
The German steamer Werra came
down the ship channel and docked at
Pier 29 Thursday noon.. Sha will sail
for Bremen with passengers and some
1 down; total sales, 8,000 bales; Amer-
ican, 2,900; import none.
LIVERPOOL SPOTS.
Spots closed easy.
during the morning, bringing the total -----.-----
up to about 10,000 bales, but the Oc- ! Standard Oil of N. J.....
tober premium increased and that po- : Studebaker Corporation...
’ I
1
I
]•
the fields.
The trading Thursday was rather
light and fluctuations confined to a
range of 30 points in all options, but
October, but in the final hour the mar-
ket shot up like a skyrocket and closed
50 points up.
Galveston spots, 40 up, 30.40. Sales,
1,236.
Liverpool is due 18 to 23 up.
ing season in Arkansas and Oklahoma j Middling fair ...
where, the bulk of the crop is still in sales, 8,000 bales; yesterday,
GALVESTON, TBI.
IMMWIIII HIIIIIIIII HIT ■ ■Bill—I IB
Alabama, 398,846; Arizona, 22,242; j
Arkansas, 304,531; California, 11,574; ;
Florida, 9,989; Georgia, 414,119; Louis- j
iana, 246,892; Mississippi, 351,510; Mis-
GRAIN MARKET*
The range of prices on the Chicago
Board of Trade for December wheat
and corn were as follows:
Wheat—Open, $1.06%; high; $1.07%;
lbw, $1.06%; close, $1.07%; yesterday,
$1.06% @1.06%.
Corn—Open, 72%; high, 74; low,
72%; close, 78% @73%; yesterday, 72%.
FINANCIAL.
New York—Sterling exchange de-
mand, $4.47%; commercial 60s, $4.45;
commercial 90s, $4.43%; reichmark,
000010 per million; Swiss francs, 18.72;
francs sight, 5.75; francs 3 days, 5.74%;
Belgian francs, 4.99%.
1/
/ 1
J
I
as half bales, 8,467 bales of American g
Egyptian and 2,525 bales of sea island , g
i illauuimilmmssildsunaanmanmnlzalmiMaraiBaa;
cember.
The ginning figures proved to 6,-
400,000, about in line with general ex-
Ranger Rear Light will be increased
to 750 candlepower, to be shown on
Range Read Light will be increased
water, without other change.
Company ...... Ship Channel
Rochester ................. Texas City
Scantic (Trosdal, Plant & Lafonta)
That the intracoastal canal is very
much of a reality even at the present
time has been evinced by the launch-
ing Wednesday of the 65-foot motor-
boat Betty by the Triangle Intercoastal
Motorship Line of Galveston, the build-
ers. The craft was launched at Clarke’s
shipyards on the dike, and will "be
ready for operation within the next
two weeks.
The Betty is 64 feet 10 inches over
all, 18 feet wide, and draws but three
feet of water, thereby enabling it to
navigate the canal with the present
five-foot depth. The craft was built
by J..E. Bludworth. It is of the semi-
Diesel type, with twin screws that will
give it a speed of some eight knots.
The vessel will carry fifty tons.
By Associated Press.
Key West, Fla., Oct. 25.—The steamer
Mascotte, reported aground off Cape
Canaveral last nigh, anchored this
morning off the cape, leaking slightly,
but in no immediate need of assist-
ance. The coast guard cutter Yama-
craw was standing by and will convey
the steamer northward. The Mascotte
sailed from Key West Sunday for Bos-
ton.
plant in the prairie provinces at a cost
of $3,000,000 has begun near Winni-
peg. The plant will have an initial
capacity of 120 tons of newsprint a day
and will, it is believed, furnish paper
to the middle-western market of the
United States.
Location of the plant in the west,
it is sajd, is an indication of the expan-
sion of the Canadian newsprint indus-
try It was once thought that the pulp-
wood supplies of the prairie provinces
would not be called into requisition
for years, but the increasing consump-
tion of the middle-western states and
their proximity to the prairie provinces
has brought about the demand. News-
print production in the Dominion rose
from 690,250 tons in 1921 to 1,031,364
tons in 1922 and this year, it is re-
ported, it will show even greater gains.
"ailali
i Holland-American line |
i ?
m Regular Monthly Sailings to i
m Bremen, Rotterdam and #
g Amsterdam. |
| The Texas Transport & |
Terminal Co., Inc. |
g Galveston, Texas •
ering by shorts.
estimates 42 October notices were is-
sued, but,they were evidently expected
to be promptly stopped and there was
a flurry to cover short contracts before
the final expiration of the contract at
noon today. The general market opened
firm at an advance of 75 points on Oc-
tober and off 11 to 20 points on other
months, owing to relatively steady ca-
bles, and reports of continued cold
weather in the belt. December sold
up to 30.40 and January to 29.80, but
there was a good deal of realizing at
‘ these, prices which caused reactions of
20 or 25 points during the early trad-
ing. The census report was closely in
line with the forecast, showing 6,400,-
NET RECEIPTS AT U. S. PORTS.
Galveston, 14,721; New Orleans, 5,-
579; Mobile, 181; Savannah, 2,353;
Charleston, 1,520; Wilmington, 1,831;
Norfolk, 4,21g; Boston, 40; other ports,
15,288; total, 45,729; same day last
week, 34,842; same day last year, 31,-
918.
CONSOIIDATED STATEMENT.
Net receipts of cotton at all United
States ports thus far this week were:
236,478; thus far last week, 264,683;
thus far this week last year, 247,099;
thus far this season, 2,336,053; thus
far last season, 2,026,793; difference,
309,260.
Rico and
CLEARED
Louisiana (Am.), Port Lobos.
Tokulku Maru (Jap.), Marseilles;
(from Freeport).
El Valle (Am.), New York.
160 candlepower, visible only from 120
dsstasafongsdadesneosbeaconbe28sfebt solaxna (Tampico), Pierce Navieattes
abov® the water. Co.................... 5*48 "1t‘
The intensity of Sabine Pass Inner
Total stock ..........829,213 462,471
GALVESTON COTTON RECEIPTS.
Bales.
Higho (Trosdal, Plant & Lafonta)..32
H. C. Folger...,...........Texas City
Janelew (Lykes Bros.)............. 11
Jolee (Trosdal, Plant & Lafonta) ...
North Louisiana,
1,450; Arkansas,
---- . - . . Ordinary .....
pectations. They point, in the opinion . Good ordinary
of local traders, to a crop slightly in . Low middling
excess of 10,200,000 provided the weath- l Middling .....
er is favorable to the end of the pick- j Good middling
Texas Co..............
Texas & Pacific.......
Tobacco Products A..
Transcontinetal Oil....
Union Pacific.........
United Retail Stores..
U. S. Ind. Alcohol.....
United States Rubber.
United States Steel...
Utah Copper..........
United Drug.../......
Virginia Caro. Chern..
Westinghouse Electric
Willys Overland.......
95,050, decrease of 4,900; eastern, 107,;
OGO; decrease of 500; Wyoming and
Montana, 159,050 barrels, increase of
69,200.
Daily average imports of petroleum
at principal ports were 221,571 barrels,
compared with 232,000 for the previous
week. Daily average receipts on Cali-
fornia oil at Atlantac and Gulf Coast
ports were 157,286 barrels,’ compared
with 245,286 for the previous week.
There were no changes reported in
crude oil prices for the major districts
—midcontinent being quoted from 90
cents to $1.75 a barrel, according to the
J
general cargo. H. M. Wilkins is agent
in Galveston.
By I. & G. N.....
By M. K. & T. ...
By G. C. & S. F. .
By G. H. S. A. ..
The British steamer Lacuna arrived
Thursday from London with 42,000
barrels of creosote.
sumed on the docks yesterday after a
strike of twelve days duration. There
was no activity, however, on the dock
owned by the railway company. The
controversy between the maritime
workers’ union and the railway em-
ployees led to the strike which had vir-
tually tied up the port. The dispute
between the two unions has not yet
been settled.
TO LIVERPOOL:
Nevisian, Harrison-Leyland Line, due
Oct. 20.
Colorado Springs, S. Sgitcovich & Co.,
due Oct. 15.
Steadfast. S. Sgitcovich & Co., due
Oct. 25.
Minnie do Larrinaga, Fewler & Mc-
Vitie, due Oct 25.
CRUDE OIL PRODUCTION.
By Arsociated Press.
New York, Oct. 25.—The daily aver-
age gross crude oil production of the
United States .increased 138,100 barrels
for the week ended Oct. 20, totaling 2,-
263,450 barrels, according to the week-
ly summary of the American Petroleum
Institute. An increase of 70,000 barrels
in the daily average production of the
Power field in Texas, together with
the resumption of normal proudcing
conditions in Wyoming accounts for
substantially all of the increase of
138,100 barrels per day. The daily aver-
age production east of the Rocky Moun-
tains was 1,442,950 barrels, an increase
of 138,600. California production was
820.500 barrels, a decrease of 500.
Oklahoma shows a daily average pro-
duction of 399,650 barrels, an increase
of 1,250; Kansas, 73,200 barrels, an in-
crease of 350; North Texas, 69,200; de-
crease of 1,450; Central Texas, 351,150;
New York, Oct. 25.—Call money
steady; high, 4%; low, 4; ruling rate,
4%; closing bid, 4; offered at 4%; last
loan 4. Call loans against acceptances,
4%; time loans easy; mixed collateral,
60-90 days, 5; 4-6 months, 5%; prime
commercial paper, 5@5%.
NEW ORLEANS COTTON.
By Associated Press.
New Orleans, Oct. 25.—Better cables
than due and continued abnormally
cold weather over the belt caused buy-
ing on the opening of the cotton mar-
ket today. Ginning figures to Oct. 18
of 6.400,579 bales just about met ex-
pectations and did not have much in-
fluence although the output of the
gins was regarded as small for this
time of the year. After advances of
20 to 31 points, prices fell off, at the
end of the first hour to levels 1 point
over to 4 points under the close of yes-
terday, December traded up to 29.90
and fell back to 29.68.
New buying, based on the continued
cold weather in the belt, about bal-
anced the realizing sales from the long
side and fluctuations became narrow.
At the lowest of the morning prices
were one to six points under the close
of yesterday. At noon the list was six
to ten points up, net, with December at
29.80.
Trading was quieter during the mid-
dle of the afternoon but prices held
steady around 30.24 for December and
29.64 for January or about 4 to 14
points net higher.
Late in the day sudden strength was
assumed and prices were shot upward
to new high levels for the season.
Heavy buying for large interests was
supposed to have been stimulated by
prospects of further unfavorable
weather in the belt. At 1:30 o’clock
December was up to 30.13 with the
active months 34 to 43 points higher
than the last sales of yesterday.
NEW ORLEANS SPOTS.
New Orleans, Oct. 25.—The market
FOR BARCELONA:
Cadiz, E. Sevilla & Son, due Oct. 29.
West ' Chatala, Tampa-Interocean
Steamship Co., due Oct. 25.
Mar Mediterraneo, Fowler & Mc-
Vitie, due Oct. 25.
TO VENICE:
Laura, Daniel Ripley & Co., due
Oct. 20.
TO KOBE:
Etna Mara, Trosdal, Plant & La-
fonta, due Nov. 11.
Port Said Main, Trosdal, Plant & La-
fonta, due Nov. 11.
Edgefield, Tampa-Interocean Steam-
ship Co., due Oct. 20.
Victorious, Tampa-Interocean Steam-
ship Co., due Oct. 25.
Genoa Maru, Fowler & McVitie, due
Oct. 20.
Allied Chemical and Dye........ 62.%
American Can ........ .€3
American Car and Foundry...... •1553
American International Corp.... 733
American Locomotive • .. • ■ • • • • • • 68 72
American Smelting and Refining. 51 %
American Sugar .................0338
American T. and T. ••............123%
American Tobacco .............19.2
American Woolen ......... 7,72
Anaconda Copper ................ 1678
Atchison ........... ............ :
Atlantic, Gulf and W. Indies...... 13
Atlantic Coast Line................
American Zinc.....................0.
Baldwin Locomotive.................
Baltimore and Ohio .............. 22%
Bethlehem Steel ................• 462
California Petroleum ............,187
Canadian Pacific ................ 14378
Central Leather ............••••• 17,
Cerro de Pasco Copper........... il 44
Chandler Motors ................ 407
Chesapeake and Ohio ............ 66 %8
Chicago and Northwestern ...... 59
Chicago, Mil. and St. Paul pfd. . .. 22
Chicago, Rock Island and Pacific. 1978
Chile Copper .................... ^o%
Chino Copper ................... 1274
Consolidated Gas ................ 6148
Coca Cola.........................70%
Corn Products ..................124-
Gosden Oil ...................... 2178
Crucible Steel ................... 29.
Cuba Cano Sugar pfd........... 43%
Erie ............................ 13 ..
Famous Players-Lasky .......... 55%
General Asphalt ./............... 2678
General Electric ...............173-2
General Motors ................. 13 %
Great Northern pfd............. ■ 5,78
o. --e,........ - , , . Gulf States Steel ........... • • • • 73 %
New York. Oct. 25.—The feature at . Illinois Central .................104
the opening of the cotton market today I Inspiration Copper .............. 23.%
was the jump in the price of October i International Harvester ......... 71%
which sold at 31.30 on the call or 80 International Mer. Marine pfd.... 27%
prints above yesterday’s closing on cov- Jnt] T and .....................£64
According to early > international Paper ............. 287
Invincible Oil ...... 81
Kelly-Springfield Tire ........... 22%
Kennecott Copper ............... 30
Lima Locomotive 63%
Louisville and Nashville . .......”85%
Mack Truck...................... 71%
Marland Oil........ 22%
Maxwell Motors B................ 12
Middle States Oil................. 5
Missouri, Kansas & Texas (new) 10%
Missouri’ Pacific, preferred...... 23%
Winnipeg, Manitoba, Oct. 26, (P)—•
are missing.
Oct. . .12 75
Jan. ..11 20
Ribs—
Oct. .. 9 62
Jan. ..925
decrease of
New Orleans, Oct. 25.—Temperatures
S. P. Docks
..... Pier C
.......... 12
..........35
.......... 35
Open. High. Low. Close
Wheat—
Dec. ..$1 06% $1.07% $1 06% $1 07
By Associated Press.
Kansas City, Oct. 25.—Wheat No. 2
hard, $1.05 @1.28; No. 2 red, $1.150116.
December, $1.04% split bid asked; May,
$1.07% split asked; July $1.02% asked.
Corn No. 3 white, 91%@92c; No. 2
yellow, 97098c; No. 3 yellow, 96@97c;
No. 2 mixed, 92093c. December, 69 %c
split bid; May, 68%c asked; July, 63%c
split asked.
Oats No. 2 white. 42%@42%c. No. 3
white, 42c; No. 2 mixed, 42@42%c. Bar-
ley, 63c. Hay unchanged to $1 higher.
No. 1 prairie, $15.00 @15.50. Others, un-
changed.
SHORE LINE GSVEATMNTShips
homa and Western Texas. Light to
few days and held it steady until Oc-
tober went out at 11 a. m. Thursday at
31.20, one hundred points above De-
The following notices to mariners
! have been Issued by the United States
! hydrographic office of the naval de-
partment:
(3694 Texas—Galveston Bay—Pelican
1 Spit Shoal Gas Buoy—Correct position,
i —Pelican Split Shoal Gas Buoy, painted
i red and black in horizontal bands, is
i located on the following bearings:
Bolivar Point Lighthouse, 6 degrees.
Fort Point, Old Tower, 158 degrees,
distance 830 yards.
Quarantine Station, right tangent,
1 232 degrees 30*.
i (3693 Louisiana and Texas—Sabine
’ Pass—Lights to be improved.—About
Oct. 15, 1923, the aids in Sabine Pass
will be changed as follows:
Thei Intensity of Sabine Pass En-
trance Range Front Light will be in-
creased to 750 candlepower to show on
range only, 80 feet above the water.
An additional fixed red light of 50
candlepower, visible only from 6 de-
grees to 188 degrees, will be estab-
lished alongside the beacon, 20 feet
above the water.
The intensity of Sabine Pass Inner
Range Front Light will be increased
to 2,500 candlepower to show on range
line only, 30 feet above the water.
An additional fixed white light of
FOR ANTWEDP-GHENT:
Lavado, S. Sgitcovich & Co.,
Oct. 15.
TO OPORTO:
Cardona, Tampa, Tampa-Interocean
Steamship Co., due Oct. 15.
Dio, Tampa-Interocean Steamship
Co., due Oct. 27.
V j
/ 1
------....... — j gravity of the oil; Pennsylvania crude,
N. Y., N. H. & Hartford........1H% ■ Bradford district $2.75 a barrel and
Norfolk & Western..............103 lall other grades $2.50 a barrel, and
Northern Pacific..........:...... 50%
Pacific Oil................ 36%
Pan-American Petroleum B...... 52%
Pennsylvania ............... 41%
People’s Gas..................... 90
Producers & Refiners....,....... 21
Pure Oil......................... 17 %
Reynolds Tobacco B............. 72%
Reading . ........... 74%
Republic Iron & Steel............ 42%
Sears-Roebuck .................. 79
Sinclair Con. Oil................. 18% i
Southern Pacific.................. 85
Seaboard Air Line............... 5b
Sloss, Shef. Steel & Iron.......... 40
Southern Railway, pfd.. .........*65%
Shattuck ........................ ’5
Arrived:
Minnekhada, New York, Oct. 25, from
Hamburg.
President Grant, Shanghai, Oct. 24,
Seattle.
Mount Clay, Hamburg, Oct 22, New
York.
Sailed?
President Jackson, Yokohama, Oct.
22 (from Hong Kong), Seattle.
President Cleveland, Hong Kong, Oct.
24 (from Manila), San Francisco.
By Associated Press.
Chicago, Oct. 25.—Wheat, No. 2, red,
$1.10%; No. 1,’hard, $1.10%@1.15; No.
2, hard, $1.08% @1.11% 5 No. 3, hard,
$1.08% @1.09; No. 4, hard, $1.06. Corn,
No. 1, mixed, $1.01; No. 2, mixed, $1.02;
No. 3, mixed, $1.00%; No. 2, yellow,
1.03; No. 8, yellow, $1.03; No. 1, white,
$1.03; No. 2, white, $1.03; No. 8, white,
$1.03; sample grade, 81099. Oats, No.
2, white, 43 @44; No. 3, white, 41 %@
<3%; No. 4, white, 41042%. Rye, No.
3, 70. Barley, 60072. Timothy seed,
$6.8507.75. Clover seed, $15.00@23.00.
Lard, $13.05. Ribs, $9.37010.62.
LYKES LINES
gALVESTOA-TEXAS CITY
—in—
BREMEN
Sails.
. . .Oct. 30
. . .Nov. 8
. .Nov. 15
. . Nov. 23
. . Nov. 30
. . .Dec. 8
. .Dec. 15
. . Dec. 23
. . Dec. 30
...Jan. 8
12 80 12 75 12 80
.......... 11 20
Sales—Spots, 286; f. o. b., 950, today;
yesterday, f. o. b., 2.000.
GALVESTON STOCK.
This day
On Shipboard— This Day. Last. Yr
By Associated Press,
Chicago, Oct. 25.—Fear of frost in
Argentina led to a new upturn in wheat
prices today shortly after the market
opened. The fact that the wheat crop
in Argentina is at a critical stage of
development made news of cold weath-
er there a distinct bullish influence.
Besides, leading commission houses
here continued to give attention to
chances of United States government
measures likely to help prices upward.
The opening, which varied from un-
changed figures to %c lower with De-
cember $1.06% to $1.06% and May $1.11
to $1.11%, was followed by a material
upturn all around.
Wheat held its gains well in the later
trading, although some reaction was
witnessed. The close was unsettled,
%c to %c net higher, December $1.07
to $1.07% and May $1.11% to $1.11%.
Corn and oats derived strength from
the action of the wheat market.
After opening unchanged to %c high-
er, December 72%c to 72%c, corn sag-
ged a little and then scored moderate
general gains.
The market had an oversold aspect.
The close was unsettled %c to l%c
net higher, with December 73%@73%c
to 73%c.
Oats started %c to %c up, December
41%c to 41%c and continued to ad-
vance.
Provisions were steady in line with
the hog market.
---- । Lavada, left Port Arthur at 9 a. m.,
The Japanese steamer Genoa Maru ; bound for Galveston.
will sail Friday for Kobe with 9,500 j Dakotian, bound to Galveston from
bales of cotton from Galveston. Fow-
ler & McVitie are local agents.
FOREIGN EXCHANGES.
By Associated Press.
New York, Oct. 25—Foreign exchange
irregular. Quotations in cents. Great
Britain demand, 447%; cables, 447%.
Sixty day bills on banks, 445%. France
demand, 5.75%; cables, 5.76. Italy de-
mand, 4.45%; cables, 4.46%. Belgium
demand, 4.95%; cables, 4.96%. Germany
demand .0000000009; cables, ,0000000009.
Holland demand, 38.75; cables, 38.80.
Norway demand, 15.32. Sweden de-
mand, 26.28. Denmark demand, 17.38.
Switzerland demand, 17.79. Spain de-
mand 13.26. Greece demand, 1.59. Po-
land demand, .0000%. Czecho-Slovakia
demand, 2.95. Jugo-Slavia demand,
1.20. Austria demand, .00014. Rumania
demand, .47%. Argentina demand,
32.12. Brazil demand, 9.50. Montreal
98%. ♦
579 bales ginned to Oct. 18.
A great many realizing sales were
absorbed by covering and fresh buy-
ing on the early declines and after
selling off to 30.08 for December or
. two points net lower, the market ral-
lied on the western belt forecast for
rain, snow and freezing weather over
the greater part of that section. De-
cember sold up to 30.25 or 15 points net
, higher, but the advance met renewed
realizing and prices were several points
off from the best around midday. Ad-
ditional October notices were issued
FOR HARVE:
Workworth, Texas Transport &
Terminal Co., due Oct. 14.
J, I*. Agent
.16.27
.16.87 /
.17.52
.17.82
.18.32
Ss Afel . ROPTERDAM
Ss Cody................. Oct 30
Ss Westland. .............Nov. 15
Ss Chester Valley........Nov. 30
Ss Brave Coeur...........MeC I
Ss West Tacook..........Dec. 30
COPENHAGEN. GOTHENEERG,
CHRISTIANIA
Ss West Norranus........Nov. 23
Ss City of Alton..........Dec. 23
LYKES BROS. S. S. CO.. INC
Operating U. S. Government Ships
Galveston, Texas
Pennant (Pierce Navigation Company),
................i...... Texas City
Polybius (8. Sgitcovich & Co.).....
.......................... 40
Professor, Harrison Line, Wm. Parr &
EIEAIIIESL:IIHIIIISMIIIIIIIEIIlimIIZIILS/HIIIIEaISII™
• REGULAR LINER SERVICE #
| Sgitcovich Lines I
®. GALVESTON
s — to —- ■ 9
E LIVERPOOL-MANCHESTER 2
m SS Colorado Springs .Oet, 81 «
— SS Steadfast............. .OeL 31 65
ss SS West Durfee......... .Nov. 18 5
= SS West Ivis ............Nov. 30 ®
S LONDON
i SS Lavada............ .OeL 81 w
g SS Hegira ....... Nov. 30 5
wa HAVRE-ANTWERP-GHENT J
= SS Lavada................Oct. 81 md
m SS Winston Salem .......Nov, 15 =
= SS Hegira ....... Nov. 30 t
E HOUSTON
a • te 4
2 LIVERPOOL-MANCHESTER 2
H SS Steadfast ...... Oct. 25 S
= SS Narcissus.............Nev, 15 a
SS West Ivis.............Naw. 25 3
I
El Mundo (Morgan Line) ..S P. Docks
El Oriente, (New York) Morgan Line
....................S. P. Docks.
Etna Maru (Trosdal, Plant & La-
fonata) .............. 35
El Cid (New York), Morgan Line. ..
.........................S. P. Docks
Edgar F. Luckenbach, William Parr j
& Company................ Roads
El Sol (New York), Morgan Line ...
........................ S. P. Docks
Fueloil, Gulf Refining Company ...
......................... Dry Dock
Genoa Maru, Fowler & McVitie......37
Strict low middling..29.40
Middling ............30.40
Strict middling .....31.15
Good middling ......31.50
Strict good middling.31.75
CANADA TO MAKE NEWSPRINT.
Today.
Low ordinary .......24.40
Ordinary ............25.40
Good ordinary ......26.40
Strict good ordinary.27.40
sailed Thursday for Bremen with 11,- i Dirigo, 80 miles east-southeast of Sa-
7000 bales of cotton. I bine Bar, bound for Port Arthur.
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Galveston Tribune. (Galveston, Tex.), Vol. 43, No. 285, Ed. 1 Thursday, October 25, 1923, newspaper, October 25, 1923; (https://texashistory.unt.edu/ark:/67531/metapth1597176/m1/6/: accessed August 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Rosenberg Library.