Newspapers / The News & Observer … / Feb. 28, 1908, edition 1 / Page 7
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THE KET7B AND OBSEEVEU. FMOAY'F.DBB'uAtt'x' 20 COM MARKET IS LESS ACTIVE CIogo Barely Steady and 3 to 6 ,Points Lower. SALES 225,000 BALES Cpnlns Was" Steady and With Utile Change---Ud Net Gains Early, But; There Was Dlsappolnt ; . 1 f meat That There Was . i ll no, Bull Support. " 'it ; t - . " . New York. Feb. 27. -The cotton market -was less active today and somewhat reactionary, the close being barely" 'steady, at a net decline of 3 -to 6 nolnts. r Sales -were estimated at 2J5.O0EEC .bales The market opened steady. lit. unchanged prices to an ad vance bC a noints on the cables, and during the 'early session sold up to a ' net calnqf, about 6 to 9 points on iaeUve ?mnth'a-a-i result of over night "buying orders, continued cover ing and local support. There was iome further demand , for the near months from spot j people, but yester day's buyers were disappointed that there was no aggressive bull support following yesterday's deevlopments nd offerings increased at the advance, wing to- realising and room selling for a reaction. -After showing a net loss of . about 2 to points the mar ket became very quiet, and while there I was a slight rally during the middle of ,the afternoon it failed to ,hold, with closing prices vat practi- allyhe lowest of the dav on active Tionths'i'1 Tomorrow will be the first March notice day In the locaj market. md it was estimated that notices for about -.30.000. bales would be issued. Port receipts continued light and were considerably exceeded by export, while fcoutherri' spot markets were officially reported unchanged to- 1-8 cent high er. '-T''- ' : i:,';' " . '.' Receipts at the ports today were 15.877 bales, b gainst 22,088 last week n rd 4 3.1 4 8 bales last ve r. For the week I50.000 .bales, against 140.4J5 Lt week and 198.355 last year. Tu .UyVrecelpls at New; Orleans 5 822 :yles, against 12,4 5 2 last yea and a-. Houston 2,31?.;. bales, : against 4.732 last year. . ' ' ' ' ' New. York, Feb. 27. Spot cotton closed quiet; middling uplands, 11:45; middling Gulf. 11.70; sales, 100 bales. Futures opened steady and closed barely, steady. . ' Month. Open. High Low. Close -February . 10.15 March ...... 10.48 10.51 10.38 10.17 . Anrtl v. . : : '.: . 10.47 May, , . ; ... V 1 0. 6 0 1 0. 8 1 0. 5 3 1 0. 5 5 June . . . .. .: 10.35 10.55 10.54 10.45 July ....... 10.49 10.58 10.43 10.43 August' I...:. 10.31 10.31 10.26 10.20 October '10.08 10.10 10:02 December ..10.0a 10.01 10.00 10.02 . . ivMpodloUc": Liverpool, Feb. 27. -Closing: , Cot ton spdtln fair demand; prices seven points higher;' American middling fair, 6.55; good middling. 6.29; mid- 'diing, .05r low "middling, 5.69; good ordinary. 5.25 : ordinary,. 4.75. The sales of the day were 10,000 bates, of which 500 were for speculation and export and Included 9.400 Ameri can. Receipts 11,000 bales. Including 10,900 American. . Futures opened steady '.and closed f barely steady; American middling G. O. C. .'. - February. 5.56 1-2; February March; 5.56; MarclvApril, 5.58; April May, 5. 6 0? May-June, 5.61 1-2; June- -July. -v 5.61; July-August. 5.69 1-2; August-September, $.52; September October, 5.45; " October-November, . 5.38f November-December, 5.35 1-2. - New Orleans Xtton. v . New . Orleans. Xa.. Feb. 2 T. Cotton spots were steady with prices un changed. Middling 11 3-8; sales weje .,1,000, bales 'on the spot and 400 to arrtve.:r'i"'"';;-; - ?'' Futures opened Tateady, unchanged to four points above the close yester day as a result of a satisfactory show ing at Liverpool. Spots were also reported- to be" in fair ' demand In the Liverpool' market and this also added strength to the local future market during the early session. To offset these bullish features, there was the circulation of March notices. The liquidation of March notices dated from yesterday, when the first notices were sent out Just prior 4 to the close, ;Other notices were put out today, and finally causedforced liquidation of other options and resulted in a de pressed market. Through lack of speculative , support and under the pressure of liquidation the market . showed Its Inability to maintain high levels and was gradually forced down untlUTaV; the close, which was steady, ,MArchwas 15 points below the close yesterdayTrithV the other active months.: 5 to 9 potntajbelow. Closing bids: " Februarys io. 5 8 nominal; Aiarcn. ib.58; April lO.2i nominal; o.y xv.ov; June iq.&s nomi nal; July 10.54; October 9.98; De cember 9-96. ... , Other Cotton Markets. . a . v . Porta iTona tMld'Ung -Beeetpta port Movement: Gaiveton. Ntw urleau MobllB hafaonah C'barieatouM W Hmint ., Nor tolk. Jbalumor.-. New York--. ateady ateady atd .quiet quiet quiet ateady 1176 US It 1-16 11 115 11 1I$S -11 4S 11 46 ll 7 6.346 413 13i4 4 717 1411 nominal quiet quiet quiet Mtoa 348 htaladelphia- JatarJorMovmfc kbusum . ..... Auguata.' em ptu.. jt. Leiwa-. i. tntw-'Mnati 1 U.ul8Taie 21 quiet quiet quiet quiet 113-16 an 1146 mmmm a 1176 2,317 77 1.478 ' 1S4 flrra Italclgh Spot OHton. llceiria' yesterday. . . ... . , .40 Irtilet. Prices yesterday..,. 10 3-4 to It 8-4c. Keceipu, year ao . fc . . t . , ... 27 bales, l rices fthatday. .l0 X5-H.ta,ll J-16C. Stocks and Doods. , .uNe' T,ork rb- 27.-CondlUons In the stock market showed no . im provement today, and it svas the gen eral comment that the tfay of small things has arrived. An aI. of gloom -jvervaded stock commhsaionVJiouses in tho financia district. ti,e current vol: ume of Alness .beinKlwhollV Inade ua provide ordi ex- .. ' ; THE PEOPLE'S ST03AGE HMC ArmiECO .... . ...... w . -. ... . - ... . .... - i-t 7 off RALEIGH. NORTH C Art 6 LI HA Will make liberal CASH advances upon bills l lading or COTTON in store to those who wish a to hold for higher prices. -X J.J. Thomas, Pros. S. V. Drovor, Soc.-Troao. UNLOADING CAR ft PHILLIPS & PENNY RALEIGH, fir. C. 1 penses. Dealings ndt only continued at a low stage, but the lethargy . of the price movement was more pro nounced, detracting from the ability of the room traders to scaln thir fractional profit 'in the course, .of the day. The sales for the day were still slightly lyi excess of the record -( low level of one day last year, but with that exception . the daily; business at the stockT exchange is less than has been doneLon any one - day in 'over three years. There was' an impres sion in the stock market thatl chances were increasing for the enactment of a currency measure , at Washington, and this was of some effect j in sus taining stocks. Railroad earnings re ported showed no marked change in the unfavorable, conditions for some r M W time prevailing. This was a special Influence n New York Centril which was a heavy spot in the, market. ' Time money rates here for the longer, periods were higher, j The slight movements in the stock! market were not held with any constancy. Bonds were irregular. Total sales, par vahie.32.820,000. U. S. 4's regis tered advance 1-4, per cent on call. , Total sales today 269,800 shares, in cluding: Copper, 15,100; Smelting, 23, 600;. preferred, 200; Sugar, 300; To bacco. 100; A. C. I. 200; lU & N.. 100; N. & W., 100; Heading, 55.100; Southern Railway, 300; preferred, 1, 200; U. P., 37,900; Va.-Car. Chem., .. y ' ; Bonds. . - U SJtzre10$ . Japan 4!s J. ..SSfc doreC2coup-16S ; I dQ4Hcer.Jl8.. 85 do t ret.... .101 I L 4 N. unIC4s.- 98 dl 3 eonpM.T.ltl Man.con.gold4 . 9 1 Met. C'en. 4a....... S3 do lit inc.: lt)4 lllnn.48t.L4v 79 Mo. K. & Tex. 4s. 94 do 2S-......... 79. i N.R.R.Mex.ca 4 77 N.Y.Cen.gen. 6 83 N.Jfen.fiw.iti No. Pac 4...J..1694 do 71 X. dc W". con. 4- 9$ Ore.&L.6s..4.. 87 Penn.et. (J ,93 Read lag gen. 4. 91 SLL.4I.M.CO.6S-1041K StL.4S.F.4s.ii.... 9 SUL.4S.W.C0.4S 41 S. A. L. 4t- . 41 Sa Pac 4.-.; 8t do tat ia cerl.. 81 So. Etwy. 8a..i.t . 47 Tex.trac Sats198 T.St.L.AW'.4 497s Union Pac dbcv.4-....l: 18114 U.8. Steel 2d f 88 Wabaab lsU.t-162 do Deb. B....U- 336 West Mid. 4aLM! 63 W.4ralceH4- 71 Wk Ca. 4a.v-! 83 , Japs 4...i".. 7796 do new4reK12l54 do new 4 coup 121 An. Tob. it . 42 do 101 : Atch. gen. 4s 9T7t - doadJ'V"-'7 . A. C Tm 6 ...".. 63 B. AO. St.... t37i dott .i- B. R.T. CT. 4s- 69M Cen. of Ga. a. 99 , do latino 'Lm CS - dozndlnd. 4C . . do 3rd lnc-i. 27 C. AU.ts ! C. A A '' 9 C-B.4Q.new 4. 93 C.R.LAPac.41. 67 do eoL ga.. 43 C. GC4SLL.C.4S 91 CoL In. f s ser.A. 40 do ffs ser. B. ... CoL Mid. 4-. . 68 COL South. 4a. M Cuba 6s .....itSU D. BloOr ... 93 Dlat Sec 4414 Erie prior lien 4 83 do gen.' 4s gg' Hock. Val 9944 Stocks. Adamsex- .177 . 8376 . 26 . 89 Mlaaourt Pas 34 AmXoppar. Am-CarF. doprf.. at, Kan. a Tax 17J4 dopref-. L. 4644 National L.aai 41 Nai.kCorjt.prat.! 49M N.Y.Coatral.JMM,!9t X )T.Oatrai.js3!4 w.,..,,. 1 .... 63 do pfr , , ;,. 80 No. Amarloaa.. 4 PacllM aiau! 27 Penn L-112 Peopla Uaa 83 P.CCJtUU ,;.,,! 4s Freaadtaei Car it do praf . 7 j PulLfatao Cat.ii 1 dolatpref L. 89 dopraf... ... 64 American ex 181 Am.Ulde4Upr-.lJ American lc ttft do pref ..,.Lm-m. am-lilnaaad OtL. 4 dopref. ...... 17 AauLooouwUa 334 dopraf. 89 Am&W 89 do prat... 89' AnLSucarBel-lia Am.Ton,pld.c 77 AxuMfa.-oa.c:a. S3 Atcttisott WA dopr'.MM.ML. 83& A. C.I'-"""" B. 40 78)4 do pre . 63 Brook lUp.Tra. 44 Canadian tc--.t 43 Ccu.QlK-J 1 ...,l7g doial ycttt Republic 3 tajl do preC. BocklslaaiOa. do praf- .. , ; ; , Babber Uooij . 71 16 8 11 31 SuU4idAa.KrAa. ; cuvoiii pr. 1 21 ChefcAOhto :26 B.u,s si waat. tali oopraC.1 CbicaKo4 Ait dopreX...... 8o.Pao 8 Ilia H ! 894 do pf tfouta.tty...4M do prep. Tenn.lroa Coat, CJ3 Western. 4; g Cbicago4N.W .1U CbUU tL .1444 CbtT.4Traaa. avprm ig C CCABfcL 49 CoUFuelAlroa, 16 CoL Soataara . 314 ' dolat prC f 1 doldpref. 44 Conaoi. siaa. ,...;,43 Cora Pro. if dopref gy, XML4 ttt.1aq.,.tT : PeauA tUo araa 14 dopret........ .... 43 ptattUeCsdea yS grm 33 dolat preC. 24)4 Tax.rac m m s r av ! dopref. .LJU 836 Union Fclffou-.lii44 I do prwf , ,. j 78 UJi.ifi ; .,-,; at i do prwf ,, UABoalty-. 29 UjlKubber .i is dout praf,! 77 UJiJSteel M.L !38M dopref.-, 2 Vaa,CaeaO 18)4 dopre 99 Waba4o,w-U.l 7 dopref... t Weua-arx.29i waaWaouse aUj 3 3i WeafcOaloa. 48 0aa.lotrl9MM.ll Bock. Valley. llLCea. ..-.-r- w AUaaadria; Wtaoonalo Caa. 13 1st Paper 8 87 68 48 14 37 18 6) "4 87 do prat, 9SO No.Fac 321 H CeoXeataer doprel t44 a 89 aaiiiiiiiniaf dopraf lowaOaatrJU 8loaassaatraij.jL dopref. Ot..Voria.pre..ii8 KanXSo. iabJttropur,i 7 -dOpraCi! M SUaOara Uu -.4S9 dopref. Max dm. . 18 Ulan-Adtd 20 UUHrJkH&tt 84 gh.......,....189 Grain and Provisions. , Chicago. III., Feb. 27 -Wheat prices on the local exchange advanced mora than 3 cents today because of smalrcturpentlne. primary receipts and an urgent de mand for cash, grain, v At the close the May delivery showed a net gain of 2 3-82 7-8. Corn waa up 7-8 cents. Oats were 6-8 higher arid provisions 10 to 15 cents higher. IlchML Lowest" CloMn( Wheat: Mav July . Corn: My . OktK . My Jaly Pork: Feb May Larci: Feb... May Rlbc . Fe b May ... 95 076 9 S27S 43 3 2 69 43 1160 It 91 7S754 7 84 S7K 69 11 37' 1177 ll U 7 53 7 77 67 80 7 4S 7 45 47 7S Cash quotations were as foil tvs: Flour, ateidy. wtater patents, 91591; RtralghtN. 6!.J0$t-8i; soring patent, 83.4 63.74: acralgbta, 41.40 18-85; bakers, 8 Ll) S4.35; wheat No. 2, 41-14; No. 8, 61-4 No. 2 red, 94 'iOSM: corn No. 2. 69: corn No. 2 yeUow. 43: oats No. 2, 69M: No. 8, 6163)4 rye No. 2, Si: good feeding barley, . ; lair to choice malting, 80&8S; No. 1 flax aeed ..... ; No. 1 northw stern 119: prime timothy seed, .... ,; clover contract grades. 819.69; short ribs hide (loose) 8 3,8784.37; meu pork per bbL, 811.2631 1-37; lard per 149 lbs., 87. ;7: short ciear sides (boxed) 86.37 634; wftislcey basis high on wines, 6-1-33. New YorkvProvisions. New York, Feb. 27. Flour: Mar ket firmer; rye flour steady: buck wheat kour, dull; corn meal firm. Rye; dull. Wheat: strong; No. 2 red, 1.02 ele vator. Options, 2 to 2 1-4 net higher; May, 1.05; July, 1.00 1-4. Corn: firm; No. 2. 68 Options, 3-4 net higher; July, 68 3-4. Oats: firm; mixed, 57 1-2 elevator. May, 70 7-8; 1-2. ' Beef: flrra. Cut meats: steady. Lard; Arm, " Pork: firm. Pork: firm. Tallow: steady. Rosin: steady. Turpentine; quiet. Rice: quiet. Molasses: quiet. Sugarr rad. firm; fair regnlng. 3.33 to 3.36; centrifugal, 96 test, 3.83 to 3.86; molasses sugar, 3.08 to 3.11; re fined, steady. Coffee; ppot, quiet; Rrio No. 7. 6 1-2; Santos No. 4, 8 3-8 to 8 12; mild coffee, quiet; Cordova, 1.01 1-4 to. 1.13 1-4; Futures, net uncanged to 5 points lower. r Butter: steady; creamery specials, 30 1-2 to 31. Cheese: steady, unchanged. " Eggs: "firm; nearby selected white, 30; good to choice 25 to 28; brown and mixed fancy, 24 to 25; first, 23 to 23 1-2; western and southern first, 23; second, 22 to 22 1-2. Peanuts and freights: steady un changed. Potatoes: Irish, weak; Maine, per sack, 2.50; Long Island, per . barrel. 2.50 to 3.00; State. Pennsylvania and Western, per sack. 2-30 to 2.40; sweets, steady, unchanged. , Cabbages; weak; red. per ton, 12 to 15; do, per barrel, 1.25; Danish red, per ton, 10 to 11. Cotton seed oil was a shade higher on covering, ; lighter crude offerings and In sympathy with hog products. Prime crude, 28 1-2: prime sum mr yellow, 37 3-4; oft summer yel low, 37 to 37 3-4. Good off summer yellow, 36 3-4 to 37 1-2; prime white, 37 to 40; prime winter yellow, 3 1-2 to 40. Baltimore Provitdo". Ualtimore. Md.. Feb. 37. Flour firmer. Winter patents, 4. 7uf" 4.85: fprlng patent, 5.35 5.6. Wheat strong; spot contract. 99 1-441-2; spot 2 red, 99!l-26?3-4; Southern on grade, 95 1-4 0 99 14. Corn strong; spot mixed,! 61 1-4 Of l-4l-2; No. 2 white. 6l!l-4l-2; Southern white corn, 62 l-2 Oats firm; No. 2 mixed, 5555 1-2. Rye firm; No. 2 Western exoort un changed. Butter firm and unchanged. Fancy imitation, 2526; fancy creamery, 34 035; ladle, 2324; store-packed, i0 2. -.. ggs steady, unchanged. 21 cents. Cheese quiet, unchanged. Large, 14 3-4; flats. 14 3-4; small. 15. Sugar, unchanged, coarse granulat ed, 5.10; fine, 5.10. New York Money. New York. Feb. 27. Moner on call easy, 1 3-4 2 per cent; ruling rate, 1 3-4; closing bid, 1 3-4: ofTer ed at 2. Time loans stronger on long rates; 60 days 3 3-44 and 90 days 44 1-4; six months, 4 1-2 4 3-4. Close:" Prime mercantile paper. 4 l-25 1-2 per cent; sterling ex change steady with actual business In bankers bills at 487,70 fp 486.75 for demand and at 483.55 483.60 for sixty-day ! bills. Commercial bills 488 1-4. Bar silver, 55 1-4. Mexican dollars, 47 1-4; j Government bonds firm. 'Railroad bonds irregular. Dry Goods Market. New .York, Feb. 27. In the dry goods market trade showed but little change for the day. Men's wear Hoes were generally quiet, the exceptions being In some very well styled high priced goods for fall. Some lines of woolens are offering better values than worsteds and are being bought more , freely. Cotton goods were quiet with prices easier on some lineJ Cotton yarns are dull. The jobbing SOUND INVESTMENTS North Carolina Stato and Municipal Bonds, First Mortgage 6 per cent In. dostrlal and Corporation Bonds; High Grade Stocks of ConserratlTely man. anged Corporations. Descriptive ClrcuUrs and list of of ferings mailed upon request. Corres lKmdenca solicited. . . Bond Department. vmtiovm Lonuo trust co., Wlnston-Salem, N. C trade is light for the season, but 4ur-4 lng the late trading .there waa a more active call for white goods and wash goods. Some Jobbing house sales in silks and dress goods will take place next week. 1 i ' - - NaTal Stories. f - ' ' i ' r Savannah, Ga., Febi 27. Turpen tine Inn at 51 1-2; sales 36; receipts 160; shipments 196. 1. w - - I -Rosin Arm; sales 965; receipts 9 111 shipments 2.049; stock! 76,975. Quote: A. B. C.:D. S.40riE: S.43 l-2t.60; P. 3.4 5 3.50; G. 3.50?3.52 1-2; H. 3.56; I.' 3.60; K. 4.96; M. S.251 N. 5.6' wa 6.25; W. W.I 6.35. ? ; Charleston, S. C, Feb. 27. Turpen tine and rosin nothing! doing. Quo tations omitted. I k Wilmington, N. C, Feb. 27.Splrits steady 50 j receipts, ? 25 casks. I - i - Rosin, steady 3.25; receipts, 449. Tar, firm ,1.30.- ; - I : Crude turpentine,- flfm 2.35, 3.25 and 4.50; receipts, 31. NOTICE! Bids Wanted for Granite Curbing, New Bern, N. C. . ! .1 . . . I' The city of New j Bern will receive bids for granite curbing for side walks to be open on March 19, 1908, for 15 miles, more or less, to be de livered in car load lots clear- of grelght, New Bern, N. j C according to plans and specifications, copies!; of which will be furnished upon appli cation. , j. ; Each bid must be accompanied; by a certified check in the. sum of 8100 as guarantee for entrance Into con tract according to the j terms of jthe bid. The accepted I bidder will be -required to give bond in the sum; of 91,000 for the fulfillment of hU con tract, i . . ' ; i The city reserves the fight to reject all bids submitted. ! ! F. T. PATTERSON, 1 Feb. 17, 1908. 1 City Qer,k. Notice to creditors. Having qualified as. administrator of the estate of E. P. Hester, late? of Wake county, I give notice to the creditors of the estate td present their claims to me at my home, near Rogers Store, in said county, j by the : 23rd day of January, 1909. Is : : i! CHARLES B. LYON. 1 Administrator. Januarj- 22. 1908. I ; ! R. H. Battle & Son, Attorneys, j 1 a wk 6 wks . j j, , Cancer Cured. We want every r.ian and woman In the United States to know what! are doing. Wa are caring canoauj. tumors and chronic sores withoutvth use of knife, and are Indorsed by Jth j SenaU and Legislature 0: Virginia, If you are ae ;lnrr a cure, eome her. and rou will get It I I I! We Guarantee On Cnrea, Hlctunond. Yk. RAILKIGII St SOTJTlTPOirr RAIL WAY COMPANY. 2 5 c Q01 Time Table No, 22 Effective Sunday, May 12Ui, 1907, a S3 at 12:01 Am M. 1 5 STATIONS. 4 & A.M. Pi 34. Ar 10.40 4.00 10.30 5 45 A M- P.M. 8.00 4.40 Lv 8.15 4.50 8.25 4.54 . 8.33 5.00 8.43 5.07 8.55 515 Raleigh Caralelgh Sylvaola Barnes Hobby McCullers 10.25 5.36 10.18 5 28 10.10 5.20 10.06 5.15 10.00 5 01 9:50 6.50 9.43 4.85 9.01 520 9.16 5.80 9.26 5.28 9.40 5.51 9.55 6.00 10.03 6.06 10.10 6.13 10.14 6.17 10.29 6.20 10.37 6.36 10.60 6.48 11.02 6.58 11.15 7.10 11.30 7.23 . Banks Willow Springs Cardenas Varlna 9.40 4.33 Fuquay Springs 9.23 417 9.13 4107 9.04 3.59 9.02 3154 8.47 3.37 Rawles Chalybeate Kipling Cape Fear Islington Bunlevel Linden Buckner 8.43 3.31 8.37 3.15 8.17 3;05 8.05 2153 7.51 2438 7.44 2.31 7.30 2.15 Carver's Falls; 11.40 7.32 Tokay 11.65 7.45 Ar Fayetteville Lv A.MP.M Eastern Standard A.M. P.M. Time. I - Connections: At Raleigh! with South ern Railway and Seaboard Air Line Railwav at Varina with Durham and Southern Railway; at Fayetteville with Atlantic Coast -Line R. R. NOTICE This . Time Table shows the time at which trains may be ex pected to arrive and depart from the several Stations and to connect with other trains, but their arrival, depart ure or connection at the time stated? Is not guaranteed, ' i j JOHN A. MILLS, 1 President and Gen. Mgr. SEABOARD AIR LINE RAILWAY. . .(-. Winter Tourist and All Tear Round Special Rateai - - if '. Winter tourist rates from' Raleigh to Camden, S. C Columbia, S. C... Havana, Cuba........... Jacksonville, Pla ........ St Augustine, Fia....... Tampa, Fla ...$ 8.55 . 10.55 . 0.15 .27.4 . 29.95 . 40.06 Palm Beach, Fla. . 45.95 29.15 Tallahassee, Fla. Tickets sold dally with fifteen (15) day transit limit permitting stop- over, and has final return limit until May Ust, 19Q8. All year round tourist rates from rtalelgh to Hot Springs. Ark........ Salt Lake City. Utah..... Mexico City, Mex. ........ San Francisco, CaL Los Angeles, Cal. ........ .Tickets i to Hot Springs 4S.00 ... 100,90 ... 10940 ... 196,90 ...118.80 limited to return in! ninety (901 days, norstoo. overs allowed to ether points, tickets limited to return within ntne months, permit of stop-overs and are sold via dWrae routes. , '-.-' " - I. v'..-1 - 14 -We operate double dally vestibule service, with through Pullman sleep ing cars to Jacksonville, Stl Augustine. Atlanta ! Birmingham, j Memphis, Portsmouth-Norfolk, Richmond, Washington, Baltimore, Philadelphia and New York. -.i 'For time tables, booklets reserva tions, or any information, ! address- or call on a H. oATTlS.T w ( Travelling Passenger Agent! Ko. .4. Tucker BTd'a. Ralelrht w-ir? Telephone No.' 117. - - . 1 ... 1 ... 1 iiD) OR y PEUlEHT Evening Times Did Hot Object to Receivership, v . 4asasBBaaiBaa8aaa , Apparently the Salt Brought by H. J. Brown Co. Was With the Consent -,; of The Times the Purpose probably Betng to EUml nate Complications In I Another Change of - Managesncnt. - : . W. .. H. Pace, Esq., appointed on Tuesday temporary receiver of the Raleigh Evening Times In the suit of IL j. Brown. Co., vs. Visitor-Press Company; was yesterday made per manent receiver by order of Judge Biggs and 1 will proceed to wind up the business of the paper by a sale of its property, good-will, etc., running and circulating It In the meanwhile! Mr. Wildes, represented the plain tiff In the motion that the receivership be made permanent and Mr. Murray Allen appeared for the defendant. - Mr. Allen did not resist the motion, and the whole matter took up but a few minutes of the time of the court. Judge Biggs directed that notice by advertisement be given of the suit for three weeks and that the receiver ad vertise for creditors. In court,1 also, were Messrs. Fab J. Brown, of the plaintiff company, and Mr. J. V, Simms, the new general manager of the Times newspaper. The proceedings yesterday appar ently bore out the general understand ing that the suit was brought by the plaintiff with the knowledge and con sent of the defendant, and that it was friendly in its character. It is un derstood that the Interests in control of the paper do not intend to re linquish their control, but that the receivership is for the purpose of finding a' legal manner in which to untangle certain complications Inci dent to the frequent changes In man agement. M In these complications figure largely- the Interests of Mr. Crater, who was formerly publisher of the paper, and 7ho is. stated to own personally a part of the plant. With the press owned personally by Messrs, Drewry and Crater, and with two or more of the linotype machines held personally the receivership is expect ed to force a settlement of these con tending claims so that, at the sale, the paper may be bought In by Mr. Simms, be eliminated. What provision will bo conflicting' stock Interests of the paper be eliminated. What provision will be made by the management, it any, as to the payment of the paper's, debts. and to what extent these debts con sist of obligations to Mr. Drewry, who is known to have put up some money for the paper Is yet a question. In the order making the receiver ship permanent Judge Biggs refused 'to dismiss the bond of $500 required of Mr. Brown when his application for a permanent receiver was made, and also required that the bond of $1,000 given by Mr. Pace as temporary re ceiver be increased to $5,000, to be given in a surety company. WHAT SENATOR DUEWRY SATS. He Says the Press, Belongs Jointly to W W. FuUer and Himself. The Raleigh correspondent of the Winston-b'alem Journal has the fol lowing statement from the president of the Raleigh Times Company: "Tour correspondent had! a talk to day with John C. Drewry about his pa per, the I.alelgh Evening Times, which is now in the hands of a receiver on account of 'debt. He says the value of the plant, f exclusive of the press and one linotype machine .is $15,000, and the debtsi aggregate 810,000. The press was j bought from Norfolk Dis patch jointly by him and W. W. Ful ler, of NeW York City, at the time when the latter expected to make Ral eigh his winter home. Mr. Drewry says this purchase was made as a personal venture and that the press was leased to the Times. He says there may T be a re-organlsatlon In every way of the paper, which he en deavored to dispose of to Mr. Crater, last December, but Mr. Crater decided to go to Atlanta. TEMPERATURE FOR MARCH. Data Covering a Period of Twenty-one j p Years.- The following data, covering a pe riod of twenty-one years, compiled by the Weather Bureau of Raleigh, show the conditions that have pre vailed during the month of March for that period:, Mean or normal temperature, .50 degrees. . . The warmest month was that of 1903, with 'an average of 57 degrees. The coldest month was that of 1891, with Xi average of 45 degrees. The highest temperature was 94 de grees on the -29th, 1907. The lowest temperature was 16 de grees, on the 7th, 1901. The earliest date on which first "killing-frost occurred in autumn. October 8tn. Average date on which first "kill ing" frost occurred in autumn, No vember 8 th. , Average date on which last "kill ing" frost occurred In spring. April 9. The latest date on which last "kill ing" frost occurred in spring. 'May f. Precipitation .(rain or melted snow). Average for the month; 4.20 Inches. Average number of days with .01 of an Inch or more, IS. The greatest monthly precipitation was 7.32 inches in 1903. 'v The least 'monthly precipitation was 1.59 Inches li 1893. The greatest amount of precipitation recorded in any 24 consecutive hours was 2.79 Inches on 22-23. 1903. , The greatest amount of snowfall re corded In any 24 consecutive hours (record extending January. 1887 only) was 2.0 inches on 18-19. 1893. J- KEIHTEDY RALEIGH. N.'C. Cd wards A Eror;b ton's New BnCilas. . Correrrcr ':-c,rc"cJ:c2. 4 PEW 9 - CLOSE -2.-P. BEGINNING -MONDAYS WHARCH 2ND. The Commercial Raleigh, ' ;.v- - - . - . . . ... aim. Opet9 BEGffIG r,2WAYiJ15.m 2ND. Raleigh Banking & Trust Co., Raleigh, r- - : - North Carolina OPEN 9 A. M. CL(DSE 2." P; BJEGINNINb rilOND AY, ; ti AliCH 2tiD. CITIZENS UATMJAL : BANP RALEIGH, NORTH CAROLINA z: OPEN 9 A. M. BEGINNING MONDAY, MARCH 2ND. Wo CounfK Savings Banl! RALEI6II, m s 1. a - t RAIHGD, THOMAS; H. DRICGS Ci SON, - Ralofob, N. C. - THE BIG HARDWARE MEX. DO NOT RICtl YOUn. FACIILVO FUTURE WELFARE, WHEX'THE-. . .. Fotroini DooflaoaD which has In the last sixty-one years Annual Dividend policy, under which it is required to the Insurance. Written for terms tinued npon same plan or changed ment. 11 prercrrea, tne new poucy may be dated bade to original date, roll credit being given for all previously paid premiums. No re-axamlnatlon re quired, and policy duplicated by no other .company, .-'v:; V; ::v:V-:-j .J,'.. Hnndreds of the most prominent North Carolina imsi'ness men mi iv from $10,000.00 to 330,000.00 of this contract.' v - ; ! ' Ten year term at age Si costs 11 .40 per $1,000.00; age 30, $12.53; age 40 $15.56, and so; on. Cash dividends greatly reduce second and future premiums. AGENTS WANTED. , Address, R. B. RANEY, Gen. Agt., Raleigh, N. C. and Burg'ary Insurance af Lomsl Rate - American Bonfmg;Co . of Baltimore, Ud, - : . ! Local Agents Wanted. Address J3 R(JTl3y, Gen. A gl for thrth Can! ia, Ra'.efjX ll C. DEPOSITORS INSURED AG A I ST LOSS BY BANK AlLUliEv: UrilON CENTRAL LIFE : INSUHANGE 80:.iPAIiY A RECORD; ITiJEOULLED! : From l97 tc 180C lu interest income, was $1S,&0,:3. . , nr tame period the payments for Death Claims, Matured Endowments ar5 Annuities were $10,718,003. Exce Interest over - hI1 J1.8Ji5.5J0. 'm No wonder Its ANNUAL DIV1DU UVS to POLICYHOlDERS AllE TKZZ LARGEST. ' ' ' . .. . .. Union Central policies the BEST' TO SELL because MOST rHOrTT ABLE to the POLICYllOLUERS. i - . Write for mntact to " :-- , - . cley j. i:u:ite &o, : r',;'.TEf.::::! p- haleigh, nor."n c.'.r.o1" . Farmers BanK H -4'?' ' N. C; .m. 7: urn noimi oarouiia ass , . . . . -a. - , KOHTD CARCEJA THESE B0V5 Have, learned, that ' -M-l ;V ij: By w. p. f j : Is the Best noose Paint. V MURAUTTE . 4 to tbo Best Wall nnJah. V;yX JAP-A-iAc;'' 1 1 V . ; l ':' , - Is the Best for inside Work, -, and the Best Place to Buy is .1 -, ELOffo Ditdg. accumulated over ninety millions of Convortlbla Term pay only the actual cost of carryin of 5 10. 15. w 20 vears. Mav be con to .ordinary life, limited life or endow Close 2p jj2!?oR3o Bonds;
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 28, 1908, edition 1
7
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