Galveston Tribune. (Galveston, Tex.), Vol. 41, No. 151, Ed. 1 Saturday, May 21, 1921 Page: 7 of 14
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SEVEN
TRIBUNE
GALVESTON
SATURDAY, MAY 21, 1921.
L
DAILY MARKET REPORI
MARINE INTELLIGENCE
IN CORPORATION COURT.
234.16 barrels.
a
County-
Judge Holman and
the four county
*
Strict good ordinary . 8.40
Barce-
9.40
Low middling
Strict low middling. .10.65
86%
American Locomotive
!
15
Strict good middling. 14.90
15.90
Middling fair
Compresses and depots.283,691 149,031
Total stock
r
Galveston Cotton Receipts.
7,548
Total
Mexicano, (Tampico) ......Texas City.
New York, May 21.
LOCAL PARAGRAPHS
4
1
25.0
OBITUARYNOTICES
— 0.3. 0.00
28.0
♦Bld.
There will be no 1m-
Chicago Livestock.
TOO LATE TO CLASSIFY
PERSONAL MENTION
Kelsey, Topeka, Kan.;
J. T. Bruner,
W. M. Wheeler, Waco; W.
-0.2
-0.3
American Hide and Leather pfd.. 53%
American International Corp.....45%
46,959
66,391
2,000
, 35%
38%
28%
124%
37
33
18.0
28.0
0.00
0.00
11.90
12.40
13.90
22,255
29,174
14,200
For Great Britain
For other foreign
For coastwise . ..
New York Central freight train had
been held up by armed bandits near
North Tonawanda and robbed of $70,
000 worth of merchandise were declared
to be false at the office of Chief of
Police Edward Miles, of the New York
Central lines.
Train Bandits
Take Freight
40
34
11
39
40
Continental Bridge
Cotopaxia, .......
Cuttyhunk .......
Dauperata, ........
Edgefield ........
Today.
.. 4.65
.. 5.65
.. 7.40
Temple.
Oriental:
.. 8.15
,.10.25
.12.60
.14.03
.15.13
Middling ......
Strict middling
Good middling
Yes'day.
13.97n
14.28n
12.41
12.78-80
13.28b
13.48-50
13.84-85
Milazzo, (It. Ports) ....
Mount Baker ..........
Nicolo II. (Italian ports)
Nortonian, (Liverpool) .
Oceania, (It. Ports.) ...
Lake Shore ... .
Lordship Manor
January ...
March*'.....
May ........
July .......
September .
October ...
December .
By I. and G. N.......
By M., K. and
By G., C. and S. F. ...
By G., H. and S. A. .
Low ordinary
Ordinary .....
Good ordinary
Olaf Maersk ..........
Pacific Maru .........
Panama Maru ........
Pennant (Tampico) ..
Pisco ..................
Quistconck ...........
Quittacas ............
Unpaid Bonds Made Basis
of Action.
Yes’day.
4.65
5.65
7.40
8.40.
9.40
10.65
11.90
12.40
13.90
14.90
15.90
b., 200
Colorado River—
Ballinger ......!
Marble Falls . ..
Austin ........‘
Columbus .....:
River Forecast:
To Work For Business
Through Port.
Yes’day.
13.50b
13.81-82
11.91-92
12.36-39
13.05-06
13.40
Sales, Spots, 304 bales; f. o. b-, 150
bales.
Daily River Buletin..
(Stages ny feet and tenths).
Houston, Tex., May 21, 1921.
70%
... 57%
... 63%
. ..*44
... 26%
... 75%
... 20%
...108%
...77
... 9%
... 38
... 23%
... 56%
... 10
...118
... 21
... 59%
... 68%
... 71%
... 82,%
... 55%
... 46%
... 8%
... 33%
... 80%
... 29%
...34
... *6%
.. . 40
..*110%
...31
...127%
... 9%
... 18%
.. . 34%
Bales.
... 1,983
... 2,043
... 1,738
... 1,784
points under the last quotations of yes-
terday with July off to 12.23.
New Orleans Spots.
New Orleans, May 21.—The market
for spot cotton closed quiet and un-
SUIT FILED AGAINST
DRAINAGE DISTRICT
MARITIME STRIKE
SETTLEMENT NEAR
3,500 LEGIONAIRES
WILL VISIT CITY
Today.
.. . .13.82
... .14.18
....12.35
. ...12.66-67
....13.17b
.. ..13.37
.. ..13.75
TICKETS MAILED
TO GALVESTONIANS
............37
Ship Channel
...........37-
...........10
...........12
.......... 37
... .Texas City
.............40
... Texas Citv
1.2
6.4
5.3
changed.
Ordinary .....
Good ordinary
Low middling
Middling.....
Good middling
Middling fair
.... Roads
.Dry Dock
.....Roads
.........10
.........40
.........36
........ 33
.........12
........ C
Dry Dock.
..1.....37
.........36
. Dry Dock
G. Reed, Beaumont; B. V. Vinson, Hous-
ton; J. G. Smith, Chicago; F. N. Gari,
Beaumont.
GIRL to check hats on beach, not over
8 hours’ work. Phone 4154. (er)
I Station—
I Trinity river—
I Dallas .....
Arrived.
Brazilier, (Belg) Antwerp.
El Oriente, (Am.) New York.
Hamburg Maru, (Jap.) New Orleans.
Pisco, (Fr.) Marseilles.
New York Silver.
By Associated Press.
New York, May 21.—Bar silver do-
mestic 99%; foreign 58%; Mexican dol-
lars 45.
Sailed.
Harry Farnum, (Am.) Tampico.
El Alba, (Am.) New York.
Sulima, (Br.) Liverpool.
Maria Stathotas, (Gk.) Ispwich.
Delaware, (Nor.) Bergen.
New York Stock List.
(Last Sale.)
Allis-Chalmers ...............
American Beet Sugar.........
American Can ...............
American Car and Foundry .. .
Good ordinary ..............
Low middling ..............
Middling ...................
Good middling .............
Middling fair ................
Sales—None.
New York Futures.
Futures closed quiet.
Cleared.
El Alba, (Am.) New York.
New Orleans Futures.
Futures closed steady.
..... 6.50
..... 7.50
..... 9.25
......11.75
.....13.25
.....14.00
Vessels In Fort.
Alatrium, (It. Ports) ......
L ' Makes Inspection Trip.
Maj. L. M. Adams, chief of this dis-
trict. United States engineers, accom-
r panied by Col. H. C. Necomer, division
A engineer at New Orleans conducted an
k inspection of government equipment
■ along the Brazos river this week.
A. A. Daugherty, (Tampico) .... Pier A.
Antonio ....................Texas City
Atlanta of Texas, (Bremen) ........37
Atlantico (pchooner) .............. 23
Brazalier, (Antwerp) ...... .'.12
Cambrai (Schooner) ............Roads
City of Vernon (United Kingdom) .. 40
W. H. James.
W. H. James, 36 years old, a resident
of Texas City, died this morning at 7
o’clock in a local hospital. He is sur-
vived by his wife, Mrs. Clara James,
and his mother, Mrs. Mary James.
Funeral services will be held from
the chapel of the Emken Undertaking
company, Texas City, Sunday or Mon-
day. Burial will be in the Lamarque
cemetery. Decedent was a member of
the Knights of Pythias lodge in Hous-
ton.
producing company in its second month
of activity.
April exports took a turn upward,
the exports for February and March
having shown big decreases under the
respective preceding months. The de-
crease in February was 1,810,458.34
barrels, the decrease in March, 1,091,-
FREIGHT BROKERS
r OPEN OFFICE HERE
L _
El Oriente, (N; Y.) ........S. P. Docks.
F. C. Lockhart, (Sch.) ........Bolivar
Federal ..................... 41
Fotinia, (It. Ports).................14
Gladysbe, (Tampico) ..........Pier C
Glenworth ........................ 36
Gloria de Larrinaga................36
Hamburg Maru ....................39
Hulaco ................... Texas City
India Maru ........................30
Knoxville .............. Ship Channel
Lackawanna .................... 19
Lake Flournoy (West Indies) Dry Dock
The new local manager has spent
part of the last three years in interior
I Traffic Expert Returns.
| T. R. Hancock, traffic manager of
the Texas City Terminal company has
returned from an extended trip to the
KNorth and East. Mr. Hancock reports
Nconditions flourishing.
399,041 214,660
FOR SALE—Established business; a
bargain for cash, if taken at once.
Box 1669, Tribune. (eb)
FOR SALE—Two shampoo chairs; one
facial chair and one' barber chair.
Phone 2728. __(el).
Continued From Page One.
• The changes in working conditions
and overtime, it was indicated, would
bring the actual reduction in wages to
somewhat less than 15 per cent.
Secretary Davis, W. S. Jenkins of the
shipping board and the marine engi-
neers’ representatives will go to New
York today to confer with the American
Ship Owners’ association in an effort
to have it agree to the terms also. Un-
til such an agreement is reached. Sec-
retary Davis said he preferred not to
make public the terms.
The radio operators, Mr. Davis said,
would agree to the terms accepted by
the marine engineers, and it is under-
stood Andrew Furuseth, president of
the Seamen’s union, will sign, a similar
agreement.
Selma (repairs) ........
Steadfast ...............
Swainby ................
Taiha Maru .............
Tekoa ..................
Topilia (Tampico) .......
Torres, (Tampico.) ......
Vesuvio, (It. Ports.) .....
Wheeling, (U. S. Gunboat)
W. J. Paterson...........
Holders of Texas company stock sub-
scription warrants and fractional war-
rants should have them submitted in
New York on or before May 27, as they
are of no value after that date, ac-
cording to C. P. Mann, stock and bond
broker. Mr. Mann said today that he
would forward warrants for all holders
without cost.
I portant 'changes in the Trinity, Brazos
m or Colorado rivers in the next 36 to 48
| hours. The Trinity will continue to fall
! at Liberty and the Sabine at Bon Wier.
I B. Bunnemeyer.
3.85; September, 3.63; December, 3.33,
all bid.
Nothing new developed in the re-
fined situation with prices unchanged
at 6.30 to 6.60 for fine granulated and
only a moderate inquiry was reported.
Refined futures were unchanged
with sales consisting of only one lot
of September at 6.30 and one lot of
October at 6.25. Closing blds: July,
August and September, 6.30 and Octo-
ber 6.25.
Ten cases came up in the corporation
court before Judge Henry O’Dell this
morning. On charges of vagrancy four
men were fined $5 and costs each. One
man was fined $5 nd costs on a charge
of drunkenness, and another was fined
a similar amount on a charge of fight-
ing.
By suit filed today in the United
States district court, Albert Foster of
Ohio, seeks to recover payment on Gal-
veston county drainage district No. 3
bonds 9, 10, 11, 12, 13 and 14 for one
thousand dollars each and accrued in-
■ Clash, at Cunard Piers.
E By Associated Press
| New York, May 21.—Police reserves
I and sympathizers of striking marine
P workers clashed last night at the Cunard
h line piers during a street demonstra-
■ tion whil the Aquitania docked.
■ The sympathizers paraded in front of
I the piers with banners denouncing the
I liner’s stewards, many of whom were
I clerks in the Liverpool office of the
I company who had taken the places of
I strikers to enable the vessel to make
1 the voyage. Stones were hurled at the
•police who fired several shots in the
ir to disperse them.
London Money.
By Associated Press.
London, May 21.—Bar silver 33 %d
per ounce. Money 5 per cent. Discount
rates: Short bills, 5% per cent; three
months bills, 5% per cent.
Reading ..................
Rep. Iron and Steel ......
Royal Dutch, N. Y.........
Shell Trans, and Trad.....
Sinclair Con. Oil .........
Southern Pacific..........
Southern Railway ........
Standard Oil of N. J., pfd.
Studebaker corporation ...
Tennessee Copper ........
Texas Company ..........
Texas and Pacifio .......
Tobacco Products ........
Transcontinental Oil......
Union Pacific ............
U. S. Food Products .....
U. S. Retail Stores........
U. S. Ind. Alcohol ........
United States Rubber.....
United States Steel ......
Utah Copper ..............
Westinghouse Electric ...
Willy’s-Overland ..........
Pure Oil..................
Atlantic Caost Line .....
Coca Cola ...............
Gulf States Steel .........
Seaboard Air Line ........
Sloss, Shef. Steel and Iron .
United Fruit..............
Virginia Caro. Chem.......
American Tobacco .......
American Zinc............
Invincible Oil.............
Cosden Oil and Gas .....
-Reports that a modifies in most foreign countries. To-
ward the close prices were 13 to 16
Cotton Region Weather Summary.
New Orleans La., May 21.—Warmer
weather prevails over the Cotton belt
with temperature 4 to 8 degrees above
the seasonal average over the interior
of the belt, except in the east portion.
Numerous showers, mostly light to
moderate, but 1.00 to 1:50 inches at a
few stations in the Carolinas, Georgia
Florida and in extreme eastern Ala-
bama. Practically no rainfall was re-
ported elsewhere.
Expeeted Arrival*.
Antillian, Leyland Line.
Augusta, Daniel Ripley & Co.
Bakana, Elder Dempster.
Burma, Daniel Ripley and Co.
Calno, Lykes Brothers.
Carlton, Trosdal, Plant and LaFonta.
City of Lordsburg, Daniel Ripley &
Co.
Cranford, J. W. H. Steele.
Fourth Alabama. Lykes Brothers.
Glasgow Maru, Trasdal, Plant and La-
Fonta.
Glamorganshire, Royal Mall Packet
Co.
Hegiara, J. H. W. Steele. <
Keifuku Maru, Trosdal, Plan and
LaFont.
Lake Elizabeth. J. H. W. Steele,
Montgomery, Daniel Ripley & Co.
Moshico, Lykes Brothers.
Musician, Leyland Line.
Nutomo, Daniel Ripley & Co.
Olympia, Lykes Brothers.
Palytarp, Daniel Ripley & Co.
Senator. Harrison Une.
Sztercuy, Daniel Ripley & Co.
West Durfee, S. Sgitcovich and Co.
Yuri Maru, Trosdal, Plant and La-
Fonta.
Fort Worth Livestock.
By Associated Press.
Fort Worth, May 21.—With the ex-
ception ’of an advance of 5 cents for
hogs, the livestock market today re-
mained unchanged. Receipts were
small, about 250 head of cattle, 300
hogs and 1,600 sheep arriving.
Three cars of steers, holdovers, went
at $5.85. One load of choice hogs
brought $8.25 and other deals were
around $8.00 to $8.25. Beef steers are
25c to 35c lower for the week, but
best cows show a gain of 25c and on
choice yearlings the market is 50c
higher. Canner cows, common year-
lings and all classes of calves show a
steady trend. Stockers are not wanted
at any price. Hogs have gained 5c to
10c and pigs remain steady. Best sheep
have gained 15c and on lambs and year-
lings the market is 50c higher.
QUOTATIONS.
Cattle—Beeves, $5.00@7.25; stockers,
$4.5005.75; cows, $2.00@6.00; canners,
$1.0002.00; heifers, $5.00 @ 8.50; bulls,
$2.00 04.00; calves, $2.00@725; year-
lings, $5.00@8.75.
Hogs—Light, $8.00@8.25; medium,
$7.7508.00; mixed, $7.25@7.75; common,
$6.2507.25; heavy, $6.2507.25; rough,
$5.00 06.00; pigs. $5.0005.75.
Sheep—Lambs, $6.00@8.50; yearlings,
$6.00 a 7.50; wethers, $5.0006.25; ewes,
$3.25@4.50; culls, $1.00@2.00; goats,
$2.0002.50.
trest. The petition makes
Kansas City Cash Grain.
Kansas City, May 21.—Cash wheat:
No. 2 hard $1.5401.63, No. 2 red $1.58@
1.59. Corn: No. 2 mixed 56c, No 2 yellow
59c Ooats: No. 2 white 42%c, No. 2
mixed 40c. Rye, $1.35 @1.37.
Many Inquires Received.
Many inquires are being received by
the traffic department of the Galveston
Commercial Association relative to
rates and bookings of miscellaneous
cargo from interior points to Central
and South American countries through
this port, acording to E. H. Thornton,
traffic manager. These inquires are
the result of recent advertisements
that the association has carried in the
Traffic World, he said.
St. Louis Cash Grain.
By Associated Press.
St. Louis, May 21.—Cash wheat: Ng.
2 red winter, $1.69; No. 3, $1.64. Corn:
No. 1 white, 63%. Oats No. 2 white,
41%@41%; No. 3, 40%c@41.
COLORED woman wants washing;
work neatly done. Apply at 713 29th
st. (eb)
Recent arrivals at the hotels are:
Galvez: Joe E. Lawton, Dallas; W.
H. Killingsworth, San Antonio; Allen
Early, Amarillo; F. B. Erhard, Denver,
Colo.; Mrs. B. C. Metcalf, Los Angeles;
Mr. and Mrs. Owen Wood, Fort Worth;
F. R. Comfort, Waco.
Panama: Mr. and. Mrs. M. C. Doss-
man, Topeka, Kan.; V. O. Paule, Port
Atrhur; E. A. Green, Bay City; A. L.
New York Coffee.
By Associated Press.
New York, May 21.—Coffee: Rio Nc.
7, 6 cents. Future steady; July 5.92.
December 6.77.
By Associated Press.
Buffalo, N. Y. May 21.—Twenty men
masked and armed, held up a freight
train on the sanborn branch of the New
York Central railroad near North Ton-
awanda early today and carried away
silks shoes, clothing, automobile tires
and other frieght estimated to be
worth $70,000 according to the Ton-
awanda correspondent of the Evening
News.
The train was held for half an hour
half the robbers covering the crew
and railroad detectives who were on
the train as guards, while the others
loaded the goods into six motor trucks
The outlaws headed for Buffalo with
their loot.
H Marine Notes.
K The tanker Harry Farnum sailed for
B the return trip to Tampico this after-
■ noon unloading a full cargo or crude
H oil at Sinco on the Houston ship Chan-
Wnel. The vessel carried out a small
E miscellaneous cargo. She is operated
■ in the oil trade by the Sinclair Navi-
B gation company.
B The Morgan line steamer El Oriente
B arrived here late yesterday afternoon
• from New York with a general cargo
E and went to the Southern Pacific docks
B The vessel is now unloading. The
■ steamer El Alba of the same line sail-
p ed for New York late this afternoon. H.
' . M. Wilkins is general agent.
mu The steamer Sulima sailed for Liver-
H pool today with a full cargo of cotton
■ The vessel had been here for the past
B two weeks. Elder Dempster were
■ agents.
It The Greek steamer Maria Stathotos
■ ' sailed for Ispwich late yesterday aft-
I ernoon with a full cargo of wheat. The
I vessel had been in port for the past
E week. Wilkins and Biehl are local
K agents.
B The Lloyd Royal Beige steamer Bra-
B zilier arriver here late yesterday from
P Antwerp and dropped anchor in the
R roads. The vessel is scheduled to load
B out a cargo for the return trip. Lykes
B Brothers are local agents.
■ W. L. Richardson and Co., Inc., freight
■ brokers and forwarders with head-
haquarters at New Orleans, will establish
B an office in Galveston between now
B and June 1, it was announced today. T.
B E. Judkins will be local manager. The
db offices will be located in rooms 810-12
B American National Insurance Company
ET biulding.
M Mr. Judkins arrived here yesterday
EEfrom New Orleans and immediately
E conferred with various steamship oper-
8a ators and other maritime men. All ar-
E rangements have been made for the
M new office and a good season is antic-
E ipated.
E “The company will bend every effort
Bzto develop business for the port of Gal-
• veston," said Mr. Judkins today. “Our
■ entire time will be spent in developing
M new traffic through the port. We are
M for Galveston 100 per cent in spite of
E the fact that wem aintaln headquar-
M. ters at New Orleans.
Hk Mr. Judkins is at present connected
Ewith the traffic department of the New
B Orleans office of Lykes Brothers,
Lackawanna Bridge, (Am.)
Iona.
Early Settlement Possible.
That an early settlement of the ma-
rine strike is possible is indicated to-
day in press dispatches received from
Washington which state that confer-
ences between the men and the ship-
ping board are now under way.
Arthur A. Swan, business agent for
Local No. 40, Marine Engineers Bene-
ficial association received telegraphic
advices from headquarters at noon to-
day stating that “no agreement had
been signed” and to be "governed ac-
cordingly.” Additional telegrams state
that reports from all ports show that
“engineers are leaving all inbound ves-
sels as fast as they arrive” and that
the owners were " encountering great
difficulty in obtaining men to take
their places.”
Shipping board affairs at the port of
Galveston are “running smoothly,” ac-
cording to C. ’ H. Marshall, district
agent for the board. Mr. Marshall said
New Ruling on Rice.
Effective June 28, the export and
coastwise rates now published on clean
and rough rice to Galveston from
points in Texas will be made to aply to
ship side, including the unloading and
wharfage charges at this port. Circu-
lar letters to this effect have been
mailed out to all steamship agents
and freight brokers by E. H. Thornton,
traffic manager of the Galveston Com-
mercial association.
At the present time these rates do
not include the terminal charges ap-
plicable at the port of Galveston, ac-
cording to Mr. Thompson. These new
rates represent a reduction of approxi- -
mately 2% cents per 100 pounds it was
stated.
The new rates to shipside at Gal-
veston follow.
From Eagle Lake, El Campo and Bay
City, 22% cents; From Beaumont and
Orange, 19 cents. The rates are pub-
lished in suppleemnt 6 to Texas Lines’
Tariff 2-F; A. C. Fonda’s f. C. C., 100
and are effective June 28, 1921.
Mr. Thornton also stated that ef-
fective the same date a rate of 37 cents
will be established on glass bottles,
carloads, from Shreveport, Cedar Grove
and Gas Center, La., to shipside at Gal-
veston. This is a reduction of approxi-
mately 5 cents per 100 pounds under
the present rate, it was stated.
New Orleans Cotton
By Associated Press.
New Orleans, May 21.—Week-end
evening up on the short side and hopes
that the settlement of the English-coal
strike was at hand put the price of
cotton 708 points higher in the first
hour of trading today, July rising to
12.43. The weather map was consider-
ed favorable, but offerings based on
it were limited.
Liquidation commenced to come from
the long side and with it some little
new selling, aroused by reports from
agents abroad of this government
showing large stocks of nearly all com-
New York oCttom.
By Associated Press. ,
New York, May 21.—The cotton mar-
ket was very quiet early today. There
was scattered covering which included
buying orders from New Orleans, but
it was just about balanced by further
scattering liquidation and opening
steady 1 point lower to 2 points higher,
July ranged from 12.75 @12.81 during
the early trading, compared with 12.78
at the close yesterday. The weather
news was considered generally favor-
able, being fair and warm except for
showers in the South Atlantic, while
week-end reviews of the goods trade
were somewhat mixed. The produc-
tion of cotton yarns at Fall River is
said to be increasing, but the curtail-
ment in the cloth mills is about the
same and while business in print cloths
at Fall River for the week showed an
increase, a less active demand was re-
ported in the local goods market.
Scattered selling on the expectation of
improving crop accounts and increased
selling orders from the South gave the
market an easier tone later in the
morning. July sold off to 12.60 and Oc-
tober 13.31. The close was a shade up
from the lowest on covering, with the
market quiet at a net decline of 5 to 15
points.
Liberty Bonds.
By Associated Press.
New York, May 21.—Liberty bonds
closed: 3%s, 88.12; first 4s, 87.20; second
4s, 87.10; first 4%s, 87.13; second 4%s,
87.14; third 4%s, 90.66; fourth 4%s,
87.34; victory 3%s, 97.70 bid; victory
4%s 97.62.
B April Exports Increase.
B Special to the Tribune.
■ Tampico, May 21.—Oil exports for
■ April show an increase of 443,311.03
■ barrels over exports for the month of
■ March. They amounted to 16,251,718.82
H barrels. There were twenty-one export-
[ l ing companies and of these the ship-
L ments of eleven showed increases, the
I shipments of ten losses. The largest
■ increase occurred in the case of Inter-
“ national Petroleum Company. which
2 during its second month as an export-
■ ing company shipped 886,966.00 barrels.
I This is said to be the best showing
9 ever made in the Mexican fields by a
that the steamer Lake Shore would
complete discharging a sugar cargo to-
day and would go to Pier 14 to lift sul-
phur for Boston. He said that the
Lordship Manor, another shipping board
vessel was expected to get underway
for Mediterranean ports tonight and
that the Cuttyhunk would be ready to
sail next week. The Lackawanna Bridge
sailed for Barcelona last night. Mr.
Marshall said that less difficulty was
now encountered in obtaining men for
vessels.
Sales—Spots, 66 bales; f. o.
FOR SALE—Large boarding house
wood range, washstand, dressers and
other furniture. 614 21st st., upstairs,
(eb)
Chicago Cash Grain.
By Associated Press.
Chicago, May 21.—Wheat No. 2 hard,
$1.69%; No. 1 mixed, $1.61%. Corn No.
1 2 mixed, 60%c@61%; No. 2 yellow,
1 61c@61%. Oats No. 2 white, 39%c@
40%. Rye No. 2, $1.53. Barley, 53c@68.
[•.>“011168 and is familiar with methods em-
| ployed in securing freight. He said
r that his company would be prepared to
F handle all classes of commodities but
' that special efforts would be exerted to
obtain general cargoes, particularly
I flour shipments. "We will endeavor to
Lswing flour shipments to Galveston for
Vexport whenever inland freight rates
I permit,” he said.
I Mr. Judkins has held a number of
| conferences with local maritime inter-
L ests and has completed arrangements
I for furniture and fixtures for the new
P office. He will leave tonight for New
HLOrleans.
New York Spots.
New York, May 21.—The market for
spot cotton closed quiet, 5 points down.
commissioners, party to the suit.
The petition recites that under au-
thority of the board of county com-
missioners. what is known as drain-
age district No. 3, situated in the
northern end of the county, issued a
number of ponds, $24,000 out of a pos-
sible $31,980 authorized, that two of
these bonds were to fall due each year,
and that the bonds numbered from 9 to
14 inclusive were still unpaid although
frequent demand for payment has been
made.
This document also charges that the
county commissioners Of Galveston
county authorized the election for the
creation of the drainage district and
for the issuance of the bonds, levied
the tax to cover the payment of inter-
est and principal; the further charge is
made that the County Commissioners’
court and the drainage commission of
the district have refused and deter-
mined not to assess or collect any tax-
es for the payment of interest and
principal on the bonds sued on and
asks that mandamus commanding the
drainage commission and the county
board to pay the amount of the plaint-
iff’s claim with interest and costs or
to appear' and show cause why per-
emptory writ’ of mandamus should not
issue requiring a sufficient tax to be
levied, assessed and collected in the
district to pay the judgment.
County Attorney Theobald, when
asked about the matter, said that the
board of county commissioners had
complied with all legal requirements
in connection with the creation of the
drainage district, the issuance of
bonds and the levying of a sufficient
tax to take care of both interest and
principal as these amounts fell due,
but because of the large number of
unknown owners of real estate in the
district, it has been impossible to col-
lect sufficient mbney for meeting the
obligations of the district. It has been
impossible to serve notice on these
ments necessitated by the bringing of
the reason that their addresses were
not known. There is a sufficient
amount of delinquent taxes due the
district at this time to take up all out-
standing obligations.
Mr. Theobald states further that be-
ginning with January 1922, three of
the bonds of drainage district No. 3
will fall due each year, instead of two
as at present and this will call for
yet more money. Unless the delin-
quents will pay the amount of taxes
due, says Mr. Theobald, it will necessi-
tate legal action and this means that
a higher tax levy will be necessary in
order to meet the additional require-
ments necessitated by the bringng of
a large number of tax suits. Every
property owner in drainage district No.
3 could save money by using their
best endeavors toward having the past
due taxes paid.
By Associated Press.
Chicago, May 21.—Cattle 500; com-
pared with a week ago: Beef steers
mostly steady; plain heavy steers 15@
25c lower; she stock and bulls steady;
spots weak; veal calves 25@50c higher,
stockers and feeders 15@25c higher; top
beef steers for week 9.65. Hogs 4,000;
generally 10c higher; top 9.00; bulk,
8.5008.85; pigs nominally steady. Sheep
4,000; compared with week ago: Best
light fat shorn lambs steady to 25c
lower; heavies and culls 50c lower,
best springs 25@50c higher; matured
sheep, 75c@1.00 lower.
Kansas City Livestock.
By Associated Press.
Kansas City, May 21.—Cattle 550. For
week: Beef steers, 15@25c lower; she
stock weak to 25c lower; bulls, killing
calves and stockers and feeders mostly
25050c lower; stock cows and heifers
and canners steady; stock calves 25c
lower. Hogs 500; mostly steady and
strong; 8.35 paid for 180 pounds to 210
pound hogs; bulk of sales $8.00@8.35.
Sheep 1,500; for week: Lambs and
spring lambs, 25@40c higher; sheep,
35@50c lower.
Wall Street.
By Associated Press.
New York, May 21.—Shorts directed
their efforts during the greater part of
today’s stock market session to the
rails, causing further losses of 1 to 2
points. Chesapeake and Ohio, the lead-
ing transcontinentals, Great Northern,
New York Central, Atlantic Coast Line A
Chicago Grain.
By Associated Press.
Chicago, May 21.—Fresh advances in
the price of wheat took place today
owing largely to bullish crop reports.
Absence of rain was an additional pros-
pect to friends of lower prices. Be-
sides Kansas authorities gave out fig-
ures indicating a reduction of 14,000
acres in the harvest for that state.
Opening quotation, which ranged from
%@%c higher, with May 1.60@1.62,
were followed by moderate further
tightening up of values.
Corn, after opening % off to a shade
higher, including July at 60% @60%,
scored gains all around.
Oats started unchanged to %c higher.
New York Sugar.
By Associated Press.
New York, May 21.—Sugar futures
closed quiet; sales 1,500 tons. July
3.58; September, 3.63; October, 3.55;
November, 3.46.
The sugar market was quiet today
and no business was reported. Prices
were unchanged at 5.02 for Centrifu-
gal. No announcement was made by
the committee in regard to the price
of Cuba.
Raw sugar futures were a shade
lower under scattered liquidaton for
over the week-end with closing prices
1 to 2 points net lower. May, 3.5.2; July
7.7 -0.1
12.0 +2.0
8..0 +0.5
20.0 -3.9
That there will be 3,500 representa-
tives of the American Legion in Gal-
veston on Americanization Day, May
30, was stated by John W. Young of
Austin, representative A the Tenth dis-
trict of the American Legion, who was
in town today. Mr. Young is editor of
the Texas Legionnaire, the official pub-
lication of the American Legion and is
in charge of the publicity for Ameri-
canization Day.
K Barometer, Sun and Tide.
E The following data regarding baro-
| meter, sun and tide are furnished by
| the local United States weather bureau:
I BAROMETER (SEA LEVEL)
| At 7 a. m. today, 30.09 inches, which
I corresponds to 764.3 millimeters.
5 Sunrise tomorrow, 5:45 a. m.; sunset,
1 7:07 p. m.
I Tide tomorrow (twentieth street
gauge): High tide at 6:24 a. m. Low
I tide at 10:50 p. m.
July 38% @38% and later made a gen-
eral advance.
Higher hogs helped provisions.
Many wheat traders interpreted filed
reports as showing serious actual de-
preciation as well as heavy prospective
loss. The market closed strong 3%@
6c net higher, with May 1.65% @1.65%
and July 1.28@1.28%.
Closing prices in corn were firm at
%@l%c net advance, with July 61% @
61%.
Wheat—May, open, $1.60; high, $1.-
66%; low, $1.59; close, $1.65%.
Wheat—July, open, $1.24; high, $1.-
28%; low, $1.23%; close, $1.28.
Corn—July, open, 60%c; high, 62%;
low, 60%c; close, 61 %c.
Corn—September, open, 63c; high,
65%c; low, 62%c; close, 64%c.
Oats—July, open, 38%c; high, 42c;
low, 38%c; close, 41 %c.
Oats—September, open, 40c; high,
43%c; low, 40c; close, 43%c.
Bork—May, close, 17.25.
Pork—July, close, 17.25.
Lard—July, open, 9.65; high, 9.85; low,
9.65; close, 9.72.
Lard—September, open, 9.97; high,
10.15; low, 9.97; close, 10.05.
Ribs—July, close, 10.02.
Ribs—September, open, 10.25; close,
10.30.
Galvestonians have been mailed tick-
ets and special invitations by Charles
W. Scruggs, stte adjutant, to attend
the All-American mass meeting to be
held under the auspices of the Argonne
Bost No. 20, American Legion, at the
city auditorium Monday, May 30, at 8
o’clock in the evening.
The letter accompanying the tickets
is as follows:
“You have noted in the daily press
our plans for an All-American mass
meeting in your city, Monday, May 30th,
at 8 p. m., city auditorium. Your at-
tendance is urgently requested.
"Owing to the fact that the auditor-
ium will seat only approximately 5,000
people, admission will be by ticket. I
am taking the liberty, therefore, of pre-
senting to you herewith two compli-
mentary tickets with the urgent hope
that you will avail yourself of this
privilege. Speakers of state and na-
tional prominence will have a message
for you that you cannot afford to miss.
Come!
“No charge is made for these tickets,
no admission fee at the door, no collec-
tion inside. The price? Ycur whole-
hearted support for a bigger and better
American, first, last—and always!
"Additional tickets will be provided,
on request, so far as we may be able
to do so.
"If you find it will be impossible for
you to attend, kindly present your tick-
ets to a friend, with our compliments,
or return them to us.
“All Texas will be represented. The
great people of Galveston will not fail
to help us make this occasion really
worth while by your presence and your
moral support.
“Talk about' it, think about it, and
come.
“‘The soldiers of yesterday appeal to
you today for the same whole-hearted
loyal support that won the war against
German autocracy. You will respond
tefday as nobly as you did then. The
problems of peace are far more serious
than are those for war. Held us to
‘Carry on!’ German propaganda in
America is net dead. Let’s make ‘Amer-
icanism’ the only ‘ism’ talked or thought
throughout the breadth of our great
nation. Let’s guarantee the victory
won by the blood of our comrades, the
blood of your fathers, sons and brothers
—the flower of American manhood and
the heroes of our nation.”
New York Bank Statement.
By Associated Bress.
New York, May 21.—The actual con-
dition of clearing house banks and trust
companies for the week shows a deficit
in reserves of $424,930, due to a de-
crease of $4,715,830 from last week.
Financial.
New York: Sterling exchange de-
mand, $3.99%; commercial 60s, $3.95%;
commercial 90s, $3.93%; reichmark,
1.70; Swiss francs, 18.05; francs sight,
8.74; francs, 3 days, 8.73%; Belgian
francs, 8.77.
|| steamship agents and operators. He
R will be permanently located here not
- later than June 1.
and Southern Railway fell 1 to 2 points.
Oils, steels and equipments, notably
Mexican Petroleum, General Asphalt,
Crucible Vanadium and Bullman were
under similar pressure. American Lin-
seed, which yesterday passed its divi-
dend dropped five points. Motors, leath-
ers, textiles and utilities, including ex-
press company shares fell 1 to 4 points.
The closing was heavy. Sales approx-
imated 350,000 shares.
Selling by professional interests was
resumed at the opening. Rails were
especially heavy, Chesapeake and Ohio
losing an additional two points as a re-
sult of the suspension of the dividend.
Union Bacific fell 1%, Atlantic coast
line one and Reading, New York Central
and Rock Island forfeited large frac-
tions. Independent steels, Studebaker,
General Asphalt, American Linseed,
Hide and Leather, preferred, Baldwin
Locomotive and General Electric com-
prised the other backward issues. Firm-
ness was shown by Sumatra Tobacco,
Mexican Betroleum and American
Woolen.
Long Lake yes.. 40.0
Riverside ..... 40.0
Liberty (yes.) .25.0
Brnzos river—
Kopperl .....21.0
Waco .........27.0
Valley Jct. ...44.0
Today.
January ...........13.37b
March .............13.70
May ...............11.90-93
July ...............12.25-27
October ...........12.92-93
December .........13.27
Weekly Grain Review.
By Associated Press.
Chicago, May 21.—Big upturns in the
value of wheat have taken place this
week in connection with reports of a
precarious outlook for the winter crop
Compared with a week ago, wheat
prices this morning were 8c to 16%c
higher, whereas corn was down l%c
to 2%c and oats off %c to l%c. In
provisions, the net changes varied from
27c decline to 20c advance.
Strength in the wheat market was
based largely on advices that the 1921
yield of wheat in Nebraska and the
southwest would depend to a large de-
gree on favorable weather during the
next week or two. It was also admitt-
ed by the majority of traders that the
winter crop as a whole had been dam-
aged to a material extent by unsea-
sonable low temperatures at critical
times and by recent lack of sufficient
rain.
Corn and oats declined as a result
of enlarged rural offerings of corn,
planting of corn being near comple-
tion.
Increased supplies of lard here made
provisions for the most part lower.
Grain Markets.
The range of prices on the Chicago
Board of Trade for May wheat and
corn was as follows:
Wheat—Open, $1.60; high, $1.66%;
low, $1.59; close, $1.65@1.65%; yester-
day, $1.59%@1.59%.
Corn—Open, 58%c; high, 60c; low,
57%c; close, 59%c; yesterday, 58%c.
Galveston Grain Receipts.
By G., C. and S. F., 55 cars wheat; by
I. and G. N., 48 cars wheat; by G., H.
and S. A., 13 cars wheat; by M., K. and
T., 15 cars wheat; total, 131 cars wheat.
Galveston Cotton.
Lacking the inspiration coming from
new developments of importance in
political and climatic conditions, the
market for the day was characterized
by an indifference towards new com-
mitments usual with week-end markets
under such circumstances. While this
was true of the local market to some
extent, transactions would, no doubt,
have been larger had not the offerings
been reduced by the firmer views of
spot holders. This increase in demand
as compared with offerings was prob-
ably due, in some degree, to the tem-
porary needs growing out of May com-
mitments, but the concensus of opinion
among conservative cotton merchants
is that it was due, in a much larger
degree to a slowly developing confi-
dence in better prices'
Galveston Market.
Galveston market for spot cotton
closed quiet and unchanged.
bales today; spots, yesterday, 432 bales;
f. o. b., 300 bales.
Galveston Stock.
This day
This day last year.
0.00
0.00
0.00
0.00
2 3
New York Money.
By Associated Brers.
New York, May 21.—Brime mercantile
paper, 6% @7. Exchange steady; ster-
ling 60-day bills and commercial 60-
day bills on banks, 3.95; commercial
60-day bills, 3.94%; demand, 3.99%; ca-
bles, 4.00%. Francs demand, 8.77; ca-
bles, 8.79. Belgian francs demand, 8.75;
cables, 8.77. Guilders demand, 35.83;
cables, 35.93. Lire demand, 5.56; cables,
5.58. Marks demand, 1.68; cables, 1.69.
Greece demand, 5.35. Sweden demand,
23.56. Norway demand, 16.05. Argen-
tine demand, 31-62. Brazilian demand,
13.75. Montreal, 10% per cent dis-
count.
Government bonds steady; railroad
bonds irregular.
FOR SALE—Two nice iron beds, com-
plete’; cheap. Call at 1103 K. (ei)
OTHER work compels'me to sell con-
cession doing good business. Apply
CRYSTAL BARK Box Office, Figure 8.
(eb)
0.9 —0.1 0.00
1.7 0.0 0.00
0.7 —0.1 0.00
7.8 —0.2 0.00
American Smelting and Ref’g .... 41%
American Sugar ........ 90%
American Sumatra Tobacco ...... 64%
American T. and T. . ..............105
American Woolen ................ 75
Anaconda Copper ................ 41%
Atchison ......... 80%
Atl., Gulf and W. Indies ......... 38%
Balwdin Locomotive ............ 84%
Baltimore and Ohio ............. 39%
Bethlehem Steel "B”............. 58%
Canadian Bacific ................144
Central Leather ............. 38%
Chandler Motors ................ 65
Chesapeake and Ohio ........... 57%
Chicago, Mil. and St. Baul ...... 27%
Chicago, R. 1 . and Bac.........31%
Chino Copper ................... 26%
Colorado Fuel and Irin ..........*30
Corn Products .............. 69%
Crucible Steel ................... 71
Cuba Cane Sugar................ 17%
Erie ............................ 13%
General Electric .................135%
General Motors ................ 12%
Goodrich Co..................... 36%
Great Northern Ore Ctfs. ....... 29%
Illinois entral .................. 90
Inspiration Copper ...... 36%
Int. Mer. Marine pfd.............*55
International Paper ............. 69%
Kennecott Copper ....... 21%
Louisville and Nashville .........*98,
Maxwell Motors ............... *5
Mexican Betroleum ..............145 %
Middle States Oil ..........*..... 13%
Midvale Steel .................... 27%
Missouri Bacific ................. 21
New York Central .............. 68%
N. Y., N. H. and Hartford........ 18%
Norfolk and Western ........... 96%
Northern Bacific ....... 69%
General Asphalt ................ 68%
Oklahoma Brod. and Ref. ........ 3%
Ban-American Betroleum ........ 64%
Bennsylvania .......... 34%
Beople’s Gas.................. 50
Bittsburgh and West Va........30
Ray Consolidated Copper........ 14%
Net Receipts at United States Ports.
Galveston, 7,548; New Orleans, 3,334;
Savannah, 2,016; Charleston, 1,403; Wil-
mington, 316; Norfolk, 1,803; Boston, 32;
Bhiladelphia, 37; total, 16,489; same day
last week, 21,937; same day last year,
5,185.
Consolidated Statement.
Net receipts, of cotton at all United
States ports thus far this week were:
16,489; thus far last week, 21,937; thus
far this week last year, 5,185; thus far
this season, 5,791,183; thus far last sea-
son, 6,827,433; difference, 1,036,250.
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Galveston Tribune. (Galveston, Tex.), Vol. 41, No. 151, Ed. 1 Saturday, May 21, 1921, newspaper, May 21, 1921; (https://texashistory.unt.edu/ark:/67531/metapth1578975/m1/7/?rotate=270: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Rosenberg Library.