THE CRABLOTTS KXWB APRIL 15. 'l9II
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Late Market Reports Complete
Cotton-Stocks-Graln-Provlsions-Miscellaneous
Sol
Maiket
\ il 15.—No quota-
15.—Spot cotton
April 15.—Noon
> ,=>.S steady.
Char.^
'•ie cotton
Ptovisions
Chlcaso, April 15.—Butter firm,
creameries 15a21, Dairies 13al8.
Eggs weak, receipts 27471 cases; at
mark, cases Included 13al-2, firsts. 14
1-2; prime firsts, 15.
Cheese steady/ Daisies 14al-2,
Ti^ins 12 3-4al3, Young Americas 13
3-4al4, Long Horns 13 3-4al4.
. Potatoes firm, choice to fancy 55a
14% 57, fair to good 52a63.
steady, turkeys dressed
119, fowls live 15, springs live 15
Veal steady, 50 to 60 lb. weights 6
Exchange.
HnlWay on tbe|
ilvor steady at
Iwnoy 2a2 3-4 per
> short bills 2
? ''ao-4.
China.
The $50,000,000
lb. weights 9 l-2al0.
Clearing House Stfltennent. ’
New York, April 15.-~The weekly
statement of clearing house banks
show that the banks hold $31,606,850
more than the requirements of the 25
per cent reserve rule. This is an in-
crease of $5,128,525 in the proportion-
ip of financiers ate cash reserve as compared with last
( week.
he cottrm plat-1
i.alt's at 15 cents I
-t 35 bales last ^
yer iMHind. I
otores.
ril 15.—Turi>en-;
7.>('aT.S2 1-2. G. j
I
Cv .ti
u Rate Case. I
\inil 15.—Oialarj
. oKerday by the j
> ‘Muinission in !
1 ion 01 the At-1
,anl to rates be-1
.i,:vi intermediate j
>lina. (.’ol. Moore,'
ad, presented the |
i).\ing to water,
New York and-
Arlautio Coast J
.•!) rates for ship-
t\'o points
those granted by
uvr the long and
ii»' Ilepbiirn rail-
ai t' now forced
t'> p-ints in South
> 0, tor insriance,
• • ■ i:111. he asserted,
-■ i .n's to Charles-
was due to the
,i which the railroad
' ked that the rail-
.^ranting the same
liit: ■ points' in South
d in Charleston.
' A The case under
Bradstreet’s Review of Trade.
New York, April 15.—Bradstreet’s
says:
Requirements incident to Easter
week have caused some expansion in
retail trade, but the turn-over has been
iTelow expectations. Jobbing, trade
lacks snap^ becavise merchants every
where are inclined to buy for pres
ent needs only. In some special lines
reduced prices have attracted trade,
but it is evident that declining prices
similarly to high prices a year ago.
together with other elements, tariff
discussions and prospective trust de
cisions, make for uncertainty.
Traveling men are not doing much
in the way of booking reorders, but
in paitlcular instances distant busi
ness is cropping up. In fact, sentiment
as regards the future is very favorable,
but merchants in general appear to
be reconciled to the view that the
near future promises little improve-
^*cnt in trade or Industry. Textiles
in general continue dull and though
spurts of buying have been witnessed
on some days, the general movement
in that reppect is a ragged one.
Collections are backward.
Among th^ Industries, trade in iron
and steel lines has diminished, speci
fications on finished materials, save
Vvire and tin plate, have fallen off and
conditions -in general are some what
akin to those witnessed in the initial
month of the year.
Business failures in the United
States, for the week ending April 13
were 233, against 236 last week and
207 in the like week of 1910.
Chicago Cattle
Chicago, April 15.—Cattle, receipts
estimated at 200, market steady.
Beeves 5.20 @ 6.75
Texas steers 4.50 @ 6.70
Westerns teers .. 4.85 @ 5.85
Stockers and feeders .... 4.10 @ 5.80
Cows and heifers 2.70 @ 5.85
Calves ^ 5.00 @ 7.00
Hogs, receipts estimated at 7,000,
market 5 higher.
Light 6.25 @ 6.65
Mixed 6.10 @ 6.55
Heavy 5.85 @ 6.40
Rough 5.85 @ 6.05
Good to choice heavy.. .. 6.05 @ 6.40
Pigs 6.25 @ 6.55
Bulk of sales 6.20 @ 6.45
Sheep, receipts estimated at 1,000,
market steady.
Native 3.00 @ 4.70
Western .. 3.15 @ 4.70
Yearlings 4.40 @ 5.40
Lambs, native 4.75 @ 6.15
Western .. ^ 4.75 @ 6.15
Daily Movcitient of Produce.
Re- Ship-
ceipts. ments.
Flour, bblg 36,000 16,100
WJieat, bu 28,800 24,500
Corn, bu 312,500 249,200
Oats, bu 352,800 ^35,300
Rye. bu 9,000 1,000
Barley, bu 111,600 31,900
Car Lot Receipts.
Wheat 9 cars, with 4 of contract
grade; Corn 126 cars, with 4 of con
tract grade; Oats 81 cars. Total re
ceipts of wheat at Chicago, Alinneapo-
lis and Duluth today were 255 cai‘s,
compared with 186 cars last week and
244 cars the corresponding day a year
ago.
Gc.. D'X
>!. • ra
Favc's Income Tax. /
. i’i! 15.—Governor
• Ne’v YorK’s leglsla-j
■' 'proposed Income
r '.o federal consti-,
ii=e his InfUi-
. result syeed-
(
’ the governor,'
\' V, York, expressed
' ouhtful meaning
! f'jr taxation of;
. '' V*'.- source de-'
>' > affect the mar-
!•; nicipal bonds and'
•' an increased inter-j
ni; to the mayor
- . ■ ■' i‘ h iiini and de-
- ■ il l'in his belief in
:  ■ noniic soundness
i' tax, he is bound
‘dgea of the last
•• rn; which declared
• wiihoiu equivocation
n r >; Joy and save
ui i?ufYering with
luiiMinionia. eod
a:-th'y dignities,
ii-'ieuce.
Secret Marriace at Asheville.
Ashville. April 15.—Stoutly denying
that ihey had been married, although
a license for the ceremony had been
taken out, Thursday, Miss Lillian Hun
tington, of Elmira. O., a grandniece of
William L. Rice, the Xew York million
aire. alleged to have been murdered
l)v Attorney Patrick some years ago,
and Xoysiand Dawley, of Charleston,
\V. Va., both 17 years of age, left here
tonight for Elmira, accompanied by the
young bride’s mollier.
After their departure the various
ministers of the city were called up by
telephone and the Rev. L. T. Hipp, pas
tor of BetheK Methodist Episcopal
church, admitted that he had perform
ed the marriage ceremony in the pres
ence of three witnesses Thursday
evening. He said that he had not re
turned the marriage license to the reg
ister’s office because the young coup
le had requested him keep the mar
riage secret. The families of the bride
and bridegroom are said to be promi
nent socially in their respective com
munities.
■ I
K 1
trip greatest croup
= Mint is known.
Iordan & Co. eod
: ments of life are
' deatii—the brave
—Martial.
Senator Hitchcock HI.
By Associated Press.
Washington, April 15.—Senator
Hitchcock, of Nebraska, was strick
en with vertigo today and fell uncon
scious to the sidewalk as he was en
tering the pension office. Hew as hur
riedly taken to a hospital, where his
condition was reported not critical.
AGENTS—Sell genuine guaranteed
hose, 70 per cent profit. Make .SIO
dally. Live agents ind beginners
Investigate. Strong Xnit, Box 402$,
1 West Philadelphia. 25-7t-sun
le Caterer Telejdiones,
Do You?
s)l
4('^')-ArORROW night? Very weU, we will have
everything ready.”
. The confection^ and caterer often have
or,: fs short notice.
Any f' llare to supply the order would cause serious
Telephone Local and Long Distance
1 command he can fill an'?^order, no matter
largt.
Tou should have a BeU Telephone
SOUTHERN BELL IHLEPHONE
AND TELEGRAPH COMPANY
Chicago Grain
Chicago, April 15.—^Wlth world’s
shipments showing a falling off and
with stocks In feis country diminish
ing, wheat advanced today in quite
a lively manner. Forwardings. from
the Argentine especially were much
less than a week ago. Particular at
tention was also given to the fact
that stockia at Minneapolis had de
creased heavily of late. Offerings
Here proved unusually light and in
consequence eager shorts bid up
prices, impelled in part by bullish
crop advices from Hungary and
Franfce. The opening was 1-4 cent
higher to 1-8 off. May started at 88
V-8 to 98, unchanged to 1-8 lower,
then rose to 90 l-8al-4-
Better weather prospects weaken
ed corn at the outset. Ssnnpathy wltl\
wheat, however, led to a rally. May
opened a shade down to a like
amount up at 49 5-8 to 3-4, tocked 49
l-2a5-8 and then advanced to 50.
Oats were swayed by corn. May
started 1-8 to l-8al-4 easner at 31
3-8 to 5-8a3-4 and recovered to 32.
Foreigners and sho^s took the buy
ing side of provisions and caused an
upturn. i~'itial sales were 2 1-2 to 20
higher h May options at 15.37 1-2
to 40 for pork; 8,05 for lard and
8.60 for ribs.
« Chlca go Grain
Chicago, April 15.—Rye, N. 2, 91a92.
Barley 70al.l0.
Timothy 11.75.
Glover 15.00.
Chicago, April 15.—Cash grain:
Wheat No. 2 red 89 l-2a91; No. 2
hard 89* l-2a92; No. 1 northern 101a
103; No. 2 northern 98al01; No. 2
spring 92a97; velvet chaff 92a96;
durum 82a88.
Corn No. 2, 50 3-4a5lL No. 2 white
50 3-4a51 No. 2 yellow 51 l-4al-2.
Oats, No. 2, 31 3-4a32; No. 2 white
34a34 3-4; standard 33 3-4a34 1-2.
Chicago Grain and Produce.
High. Low. Close.
WHEAT—
May 8S% 91%
July 87% 85% 87^
Sept 87 85% 86%
CORN—
May 50V» 49'%: 49%
July '... 50% 50% 50%
Sept 52 51% 51%
OATS—
May .... .... 32% 31% 32'%
July 32% 31>% 32%
Sept 32% 31% 32
PORK, bbl—
May 15.83 15.37% 1&.72*%
July 15.30 15.00 15.25
LARD, 100 lbs.—
May 8.25 8.02%, 8.20
July 8.35 8.10 8.27%i
Sept 8.40 8.12% 8.37%
RIBS, 110 s.—
May 8.77% 8.57% 8:?0
July 8.32%, 8.12% 8.30
Sept 8.20 8.07% 8.20
St. Louis Grain.
St. Louis, April 15.—Cash;
Wheat higher; track No. 2, red
89 l-2a90; No. 2 hard 87a98.
Corn, firm; track No. 2, 49 l-2a49
3-4: No. 2 white 49 l-4a50.
Oats firm; track No. 2, 32; No. 2
white 33 3-4.
CRAIG LIPPINCOTT
Craige Lippincott, millionaire presi
dent pf the J. B. Lippincott Com
pany, publishers, of Philadelphia,
who was found shot to death in his
bedrqom—accidentally, says his son,
suicide, say the police. A member of
the Lippincott firm gave out a state
ment saying that the act of the aged
millionaire was caused by a tempor
ary aberration. Mr. Lippincott is sur
vived by his widow, a daughter,
Mrs. Samuel K. Reeves, a son. Jay
B. Lippincott and a brothgr J. Dor-
tram Lippincott all of whom live In
Philadelphia.
Many Commence
ments Next Week
f.
In “X.L.N.G.U.XL.”
IF YOUR
\
Easter Suit
IS A
Michaels, Stem
Your Shirt an Emery; your Shoes a Dilworth or Nettleton;
your Hat a Stetson or Long’s Special and your Tie one of our new
Easter shades, and either a pair of our Linenwear, Interwoven or
Silk Sox—If more, we’ve got it. -
H. C. Long Co.
Bache's Review
of Week's Itade
DURHAM CITY PRIMARY.
W. J. Brogden is Chosen For Mayor
OveH W. J. Griswold.
(Greensboro News.)
Durham, April 14.—Following a me
morial custom Durham defeated as
mayor W. J. Griswold, his opponent,
W. J. Brogden, receiving 587 votes
of 854 cast. Brogden’s majority was
320.
The only officer in the race having
held thep lace by popular vote and
running for re-electiofi and who was
not defeated was Police and Fire
Commissioner W. M. Yearby. He re-^
ceived 388 votes, against B. C. Wood
all’s 296 anl E. L. Smith’s 148. Alder
man J. Perry was defeated, he
being the only member of the pres
ent board offering for re-election.
The retention of Commissioner
Yearby will be seen the exception
that proves the rule. The disorganiz
ed opposition to him gave a good ma
jority against him, but pluralities
cbunt here.
From the first ward John W. Pope
and W. L. Umstead;yfrom the second.
Dr. J. T. McCrack^ and John R.
Proctor; from the third, P. W.
Vaughan and W. A. Carr, and frMn
the fourth, John C. Markham and
Lathrop Morehead are chosen. Sev
enty per cent of the democratic vote
was cast.
The defeated aldermanlc candidate
in the second was Alderman Perry;
in the third, M. E. Newsome, and in
the fourth, Don J. Jones.
The election ratifying these nomi
nations will be held April 25.
This is distinctly the commencement
season of the year and hardly a day
passes ia which there is not a com
mencement in progress in some part
of the county. Many of the schools
have already closed and others will
close the coming week-
future are the Huntersville high school
which begins today week and will be
of about three days’ duration. The
Among those scheduled for the near
Matthews’ commencement will begin
with a recital by the music department
next Saturday night and will be in
progress untill Wednesday night, clos
ing then with a dramatic production.
The Dixie school closes on the 21st, the
Observer school on the 21st, the De-
rita school on the ^Oth. The Mclver
school closes also about that date and
will be among the last of the numljpr.
Other schools throughout the coun
ty will also close during the coming
week and most of them will have ap
propriate exercises for that occasion.
The year has been a prosperous one
with the schools of Mecklenburg coun
ty.
Mother’s Joy never fails to cure
croup and pneumonia. For sale by R.
R. Jordan & Co. eod
CHIliDRBW VlTBi* ARB SICKI,Y
Mothers who vaiu« their own comfort
and the welfare of their children.
Bhould never be ^thout a box of Motii.
*r Orav’s Sweet Powders for Chlldret..
for use throughout the season. They
Rraalt uo Colds, Cure Feverlshness,
ronstlDatlon^ ‘‘Teething Disorders,
Meada?hes and Stomach Troubles.
THESE POWDERS NEVER PAIL.
S^^d by all Efrug Stores, 2Bc. Don’t ac-
any sub^itute. A trial paclwge
wi\l address Allen S. Olmstert. Le Hov*
will be sen* FREE to any mother who
K. T.,
Violent Rioting
In Fiance
By Associated Press,
Pemay, Department of Mame,
France^ April 15.—Following a day of
calm, violent rioting again occurred
late Jast night in the disturbed cham
paign' region. At Trepail a mob of
wine growers sacked the houses of two
wine merchants and destroyed the fur
niture, with which they erected barri
cades in the streets. Troops sent to
quell the disturbance encountered a
salvo of broken bottles, but the sol
diers, charging with th^r sabres in
the air dispersed the rioters.
The disturbances were renewed
this morning at Trepail. The mob de
stroyed another wine depot and de
molished the house of a\merchant.
At Versenay near Rheims, bands of
men invaded the vineyards and tore
fifty acres of vines, w;hlch they burn
ed together with the vinekeeper’s
house.
Salisbury Banks to Consolidate.
- Salisbury, April 15.—Announcement
was made here that the First Nation
al Bany of Salisbury and the People’s
National Bank will consilidate. The
stockholders of both banks have been
notified to meet May 17 to pass upon
the proposition to consolidate. The
First National is one of the oldest
banks in this section of North Caro
lina and the People’s is one erf the
newest and has been eminently suc
cessful.
The consolidation is made In the in
terest of both institutions, and wiU
give added strength and economy m
management. Both banks have a large
business. The name will be the Peo-
jle’g Nationaa Bank.
In the long view the country Is un
doubtedly benefitting from the delib
erate manner in which all business is
being done. Unwise ventures are dis
couraged under such conditions and
speculation is practically eliminated.
Of course, enterprise is algo halted and
the progress and development of the
country comes almost to a standstill.
During this time general stocks of
manufactured goods are being gradual
ly absorbed and new goods made up
only as actually needed. There may
come a time when the outlook ahead
is cleared of all doubts and uncertain
ties and the whole country is apt to
awaken to one of its old time booms.
Delay.
But this cannot happen while such
important matters as the supreme
court decisions are unpronounced, and
in the meantime, no opportunity is af
forded to readjust matters of organiza
tion, in case of such being necessary,
because there is no method of re>
motely judging A^hat may be required.
G^nsequ^tly, all business is under
more or less of a burdensome check.
Completing Liquidation.
It is, of course, true that we are now
completing the liquidation following
the 1907 panic. The early recovery
of 1908 and 1909 left many things ,un-
leveled in comparison with other
thingSi Among these, conspicuously
v/as the price of commodities and the
price of labor. In the setback which
\ve have been experiencing in the last
eighteen months. Commodity
prices have been materially brought
down and the beneficial effects have
appeared in our quick rehearsal of a
serious adverse balance of trade,
which has .been>converted into a most
favorable condition of export prepon
derance, gratifyingly added to each
month.
Wages.
But the prioe of labor is at the high
levels of pre-panic times and, as in
the case of the railroads, has even
been increased beyond those figures.
It was unfortunate that, as it now ap
pears, this advance was made, as it
is much more difficult to bring about
a reduction than it would have been
to hold to the old wages. In the mean
time, the higher prices of commodities,
which was the argurhent of the work
ers for an increase, have been mate
rially reduced. The railroad wage
earner is thus getting a double bene
fit through reduced cost of Jiving and
through larger earnings. If this pros
perous conditidn worked to produce
more eflSciency on his part, there
would he some compensation, but rail
road managers claim that this is not
the case. •
The problem put upon the railroads
to work out a profitable income in
face of these increased expenses, has
put the managers to a task of curtail
ment and reduction, which has seri
ously curtailed railroad buying, on
which so much of the active business
of the country depends.
The Week’s News.
The news of the week Includes sev
eral items of more or less importance.
The idle freight car report, at the lat
ter end of last week, showed a de
crease of 12,000 cars—the first de
crease reported this year. Mr. Vander-
lip, of the National City Bank, after
a very extended tour in the West,
voices optimism as to the crop and
general outlook.
The Minnesota rate decision ap
proves earnings by railroads of 7 per
cent, on cost of reproducing property
actually used in railroad operations.
The raflroads of the country are, in
all probability, much undercapitalized
and the rates mentioned are undoubt
edly on the side of encouragement to
capital. The most significant feature
of the decision, however, is the fore
shadowed elimination of state rail
road commission power, placing the
control and regulation of railroads in
the hands of one commission, the In
terstate, Instead of allowing the rail
road of the future to be grilled by
forty-four different fehiefs.
This is, of course, a decision in one
state only, and the case has already
been appealed to the supreme court.
A concurrence by that court in the
however-far future would mean a strik
ing of shackles from the at-present
overburdened railroad slave and allow
a decidedly healthy circulation of
blood.
The equally heavy burden of anti
road legislation throughout the coun
try is, according to the report of the
American Railway Association, at its
highest activity. There are, it says, a
total of 484 bills depending iipon the
legislature of 37 states, all of these
directly effecting railroad operation.
The larger number of these are aivid-
ed beaween Missouri, Wisconsin, Kan
sas, Indiana and South Carolina.
An increase in unfilled orders as of
March 31st was reported by the U. S.
Steel Corporation, but the amount was
less than 47,000 tons.
The gotViOirmiient fixureB for wheat
indicate a crop of 541,414,000 bushels.
The actual yield in 1910 was 464,044,000
bushels. The story of wheat, aside
from some dry weather and winter-
killing in parts of Oklahoma and Kan
sas, is of unusually good condition all
over the winter wheat belt. Mr. Yan-
derlip, of the National City Bank, after
a very extended tour in the West,
confirms this and voices optimism as
to the crop; and general outlook. Mr.
B. F. Yoakum has also returned, with
reports of excellent crop outlook. -
The reversal of judgment in the
Danbury Hat case, barring out the ad
mission by the lower court. of some
evidence. Is disturbing, in that it
leaves not settled the punishment of
Labor Union boycotts. The contention
will be carried on, but the snake is not
yet skotched.
The Iron and steel papers report
less new business during the week
and that a feeling of disappointment
is appearing.
In politics, the democrats have de
cided to pass the reciprocity bill and
after that to endeavor to place upon
the free list some things for the bene
fit of the farmer.
The Market.
totals are the continuing rule. Some
people believe that the day of specu
lation in America is over with, that
the era or regulation and curtailment
has brought valtres down to an invest
ment basis, from whi;h they will not
move much either way. In other words,
that the old bull markets of formw
years are things now of the past. This
will undoubtedly be the ultimate his
tory of our stock exchange, but the
country is, as yet, particularly under
veloped in a large portion of It. The
American people will suffer fbr a
while under the contracting influences
of legislation and political experi
ments in economics, but in time en
terprise will rise again and resentful
ly throw off these shackles. It may,
however, be some time, possibly a long
time, before this comes about.
Investment in good eecurities Is
proceeding quietly and such invest
ments, judiciously made, are sure !n
the long run to produce satisf^tory
results.
J. S. BACHE & Co.
In the stock market shrunken day’s
Must Have Been Cut and Driedi
Cannibal—How did our ehief get
that attack of hay fever?
‘Nother Cannibal—He ate a srass
widow,—Cleveland Leader,
Buck’s White Enamel
GAS RANGES
One Dollar Each Week will Put a
Buck’s Gas Range in
Your Home
Why not have the comfort of a Gas Range in your bom«
the cost is so little. •
Buck’s Gas Range is the best.
We show them in a variety o& styles. Big stock now on hand.
Come and See Them
PARKER-GARDNER CO.
Baby Carriages—Go-Carts
The baby wants to
get out in fresh
air these days
Why not get one of
our Go-Carts
We have them — all
styles and prices
Some new and at
tractive styles now
on display for first
time.
Come and let lisshow
them.
Parker-Gardner Company