Newspapers / The Charlotte Observer (Charlotte, … / June 22, 1911, edition 1 / Page 9
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THE CHARLOTTE NEWS, JUNE ^2, I9H Late Market Reports Complete Cotton-Stocks-Graln-Provlsions-IVIIscellaneous 7i Spot MatH€t 22.—Spot cot- U \-2: ,'UV’ Middling iir-> L'.’. S^ptH cot- .I, iiutKUiiiii, 15 Juno iMn* Spot 22.-^pot ■ UUi 2-’. —Cotton, juidiilins:, 15. Lotion 15% ;\ Cotton > 1 E PRODUCE* I' ncst Hill.> 11 . 10 .Io?j20 16 10 0?? 20 OTTR ikRAlN, S2Vi .IMO . .55 tores. ;Turpen- G 6.72 l-2a t*^?n Seed Oil. «',tM *u oil Juno. , poid Rt 1'tr.'hoT, *Mvri4^; • ' i at 6T?: Xo- . .Tu*y. 5S1 ■ ’ , a. 1 fourth ' ''' A^i-:npt, ri-.:’: l^€w York Stock Market New York, June 22.—(Wall Street) N«w York Cotton New York, June 22^—The cotton market opened steady at a decline of I —B«ar traders made a drive at the r>aU points under locEil bear pressure market at the opening ’ today and South«rn a^.inr,o. j w prices fell away rapidly. Selling „ . encouraged by Kvas unusuauy active and the market oi lurther scattering showei^s. showed signs of nervousness. The in the So thw««t and predictions 0f|OPening transaction in U. S. Steel was a very favorable government crop re* • * shares at a decline port on JiilT "irA of 1-2. Several other large blocks were leVi of . * ® good sold and the stock lost a point. Read- eai or covering around the initial fig* ing, Union Pacific, St. Paul, Lehigh ures and October rallied from 13 ®nd Amalgamated Copper also ISlo before the end of the first hour !^ point and most oi the other However th^ro v * i active issues lost substantial fractions. Ilf.i« , »PPeared to be very| a variety ot unfavorable reports as. gg essive buying for the long sisted the bears in driving down pric- account and while prices ruled steady severely. Chief among these was tlurlng the middle of the morning the prolonged tarif. agitation tone of the market was more or less i unfavorable crop news. Losses of unsettled. a point were general. Ct. Paul gave ^he western belt forecase raiHne-l^’®y ^ points, Union Pacific 1 3-4 and for generally fair weather in Texas Pacific 1 5-8. except showers in the southeastern ’ heaviest selling which has been portions seemed to Inspire a little oil the stock exchange for nirre nctive buying by shorts later in weeks caused a substantial the forenoon. ' Some domanrt fmm i lowering of prices this morning. The latest change in the Washington situ- Chicago Gram Chicago, 111., June 22.—Eager buying of wheat today pushed the market higher and higher. The new rush to ac quire ownership resulted from the fact that only a few light showers had fallen in the drouth-stricken Northwest and that the weather was hot in all directions. Owing to holidays ‘abroad there were no cable to check the bull ish enthusiasm. Acordingly, sentiment in favor of a bulge in prices spread rapidly, all the more so in view of big advances in other grains. Open ing figures were a shade off to 1-2 up. September started at 90 1-2 to 91, vary ing from 16th down to 3-8al-2 gain, and quickly rose to 91 3-8. Commissioa houses led a general scramble to grab all the corn in sight. Hot, dry weather was the cause and proved ample to put the September option above the 60c. level. That de livery opened l-4a3-8 to l-2a5-8 higher at 60 to 60 1-4, reacted to 59 3*4 and then ascended to 60 1-2. Speculators crowded their advan tage in oats and carried the market rate the market was firmer and prices ‘ exchange. up with decided vim. Short crop talk at midday wore at practically the clos-' market seemed to be avaifJn? made sellers scarce, September start- inc: fiirnres of last night on new crop'general si* nation jed l-2a5-8 to lal 1-S more costly at positions while the old crop was un- speculation accordingly dwindled 43 3-4 to 44 1-2, fell back to 43 5-8 changed to 0 points higher. Huntil there were long intervals when Spot qiuet; middling uplands 15.30 ticker was idle. Prices aveiago! nominal. ’ ! about half a point above the lowest. Old crop positions sold at 6 to 9- After St. Paul had broken to 124 1-2 sm houses was noted with'rumors, ^ that spinners had buving orders in the' ^^'on suggesting a protracted session market for new crop posttlons just a*®^ congress was largely responsible little over the 13 cent level. At any ^®’’ bearish sentiment shown on and jumped to 44 1-4 Liberal selling orders checked an attempt to bid up provisions. Sales were 2 1-2 lower to 20C; advance and points higher early in the noon hour‘*^ ^oss of 2 5-8. the market hardened a included September deliveries at 1570 and new crop months showed a net 1 ^'’^^^tion under the influence of sup- for pork, 845a850 for lard and 847 1-2 sain of 2a3 points in scattered cov- portinc; orders and short coverings but ering and trade buying but there wasl^®^^™® weak again at noon, no improvement in general demand I^onds were heavy. and the market during the early at-i new Chinese 5s and Panama 3s^.jf^j.d 90 3-4a93; No. 1 Northern 98a ternoon was irregular with prices ^or the first time on the 1.03; No. 2 Northern 97al.02; No. n:ling about n points higher to 3 , exchange. I'oints lower, t^ivnte wires reported! Small recoveries were made A\hen fhovcers today at three or four pointsforenoon selling ceased but the ir Tcxns. , trading shrank decidedly as prices har- New York Futures Close. jdened. Norfolk and Western attracted i a58. Now York. June 21.—Cotton futures some attention by an advance of aj Oats, No. 2, 40 l-4a41; 2 white 43 to 852 1-2 for ribs. Chicago, June 22.—Cash grain: Wheat, No. 2 red 90a91 3-4; No. 2 2 spring' 91a97; velvet chaff 85a95; drum 82a88. Corn, No. 2, 56 3-4a57 1-2; No. 2 white 57 l-4a3-4; No. 2 yellow 57 1-4 V o- k Spots. ror;>n si*ot r: mid- ..0 Pilf 1:^.4'; closed steady. .I.in Mar May Tuiio July Aus: s\-rt On X.'v 1>C=C Open. High. Low. 13.04 in.u l.^.oi 1?..09 13.20 13.09 13.IS I0.2I 13.13 14.66 14.S0 14.67 14.ir. 14.46 I'V i;...'>0 i;'.36 r^.n2 r?.i5 L'5.01 13.01 13.00 13.03 13.15 13.03 ' ‘lo^i : : T tv. w' h -Tvalj 10 f('r • for d^- i'anri: ’ -2; Hi” silver. ' 4oc; c ''vr>m- •oud:- FELBEIi REIjOISI- point on a revival of the old rumors of Close. ' giiaranteed dividends. 13.01—021 An attempt to advance the market 13.09 i by lifting Canadian Pacific over a 13.14—16 point did not meet with an success 14.65—67 and selling disappeared again in spec- 14.70—71 ial stocks when the list showed signs 14 54—55 of improvink. American Woolen, pre- 13.36—37 ferred, declined 3 points. Prices stiff- 13.02—03 ened again appreciably in the final 13 00—01 dealing?. The close was steady. 13.03—04 New York Stock List. I Last sales. (Amalgamated Copper 70% {American Beet Sugar 54i,4 [Americsn Car & Foundry .... 56 j^merican Cotton Oil SIMs ! • / a3-4; standard 43al-4 Rye, No. 2, 91a92. Barley 75al.l2. Timothy S.OOall.OO. Clover 8.00al4.00. Chicago Grain and Produce. High. Low. Close. WHEAT— 91 89% 90 911^, 901^ 90M! 9378 92% 93H American Loc.omotive b41 By 12 107 V2 80 . oard ■ L^st Night' 56 35% 13G b61 I American Smelting . . . . American Smelting pfd . American Sugar Refining Annoonda Mining Co.. .. Atcl'iscn Atlantic Coast Line .. .. Tialtimore ft Ohio ■ r.rcoklyn Rapid Transit )■ • ’1 ' I>: A?‘!()cia!rd I'reFs. . Canadian Pacific • ’."ilin .. At • (la., .hmo 22.—Extradition ChPcar.eake &. Ohio .. .. ■ -vUv^rnoy Thc;\ius B. Falder, of this Chicago ?- Northwestern V loda.x denied Governor Cole Chicago. Mil & St. Paul l r-o. oi South C:^rolina, by Gov- Colorado Fuel &r Iron.. 6 n'onf'rui. r Jc;u\ni) ,M. 13rov>n, of Georgia. Colorado Southern ' in declining to recognize the requi- Delaware & Hudson .. — * .ion p:ii!ors ibi-iied by the executive Denver & Rio Grande .. f a .>is"^r str.te Governor Brown Denver & Rio Grande pfd f lar. :; that those papers were not Crie .. ^ ifi-' enough in that they did not Great Northern pfd .. riho the crime alleged against Northern Ore Ctfs r •K’.er and did not contain Illinois Central un.-- direct accuj^ation against him. | Interborough-Met .. .. 11'.e allesed cause underlying the Interborough-Met pfd .. rrqnest for oytradition—personal an- Ix:uj?vP.le & Nashville ri isiiy between .Mr. Felder and Gov- Missouri Pacific • • • • •• •‘=n 'r Hi asK; resulting from differ- Missouri, Kansas & Texas .*n. s In connection with the winding National Biscuit up oi’ t!:^ oid South Carolina State Rational .. ; I 'T'firy system—vras not brought mov >-.ir at the hearing which preceded me „ Western dii'iai of the request. It was alluded ^ortnern Pacific It'' irr.Kntally hy Mr. Felder w'ho de- Pacinc Mail .. t.o hat! i).-'. n j :t 1'■‘d tliat l.e liad intonded to make 1 (ira :ilni'-!a statement ber.ring llie entire mat ^'..riip.ni)lnt‘'l: :''r but atioi pio. h si - a i found fr. •’.•V esii- r’-o. o.- l i.n- e.-:.; ry m 119-3 itniceeoinga. , , , ; Southern Railway 30%! It IS not a matter Into wnicnj July Sept .... -Dec .... , CORN— July 58% Sept 60% Dec 60% OATS— July 43% Sept 44% Dec 46^ .PORK, bbl— 15.80 Sept 15,70 LARD, 100 lbs.— 81 Vi bl07 57% 59% 58V4 42% 43%' 45 57% 591/4 58% 42% 43% 45% 15.65 15.65 15.62% 15.62% July Sept «oQ.v ■ 00 'f -S, 100 Ibs.- Juiv 146% 125% 34% 55 bITO ttept Jan 8.35 8.50 8.25 8.52% \8.52Vr 7.87% 8.25 8.40 8.1 72 8.40 8.42% 7.80 8.25 8.40 8.17% 8.40 8.42% 7.85 $35 For $22.50 For Friday and Saturday We are going to sell any Suit in oui store from $27.50 up for $22.50 Some of the Suits are really worth up to $35.00. All new, clean up-to- date goods, which are absolutely guaranteed in every particular. Style, fit, workmanship and finish second to none. We also have a lot of two-piece S uits, one and two of a kind worth from $10.00 to $15.00, which we are going to sell for $3.89 and up. Remember, these prices not good after Saturday. H. C LONG CO. United States Department of Agriculture WEATHER BUREAU. WILLIS L. MOORE. Chiet ItO 70 ♦0" 4 Gl'fi>LAyub/cLoLAA ,& SI -Tn 911. ! ' if • I'VT ( I'l-Op- 1th str’''t . -J t''(» fu y . f .r ^wo Ivi-.'d t!.e ' li thp noTcr !. n afti'T •• n St, Louis Grain. St. Louis, Mo., June 22.—Cash: Wheat firm; track No. 2 red new 87 1-2 a3-4; No. 2 hard 29a97. I Corn higher; tracks No. 2, 57 l-2a58; No. 2 white 58 l-2a59. i Oats higher; track No. 2, 43; No. 2 18% 45. 51 149% 49% ?.r>y4 bi;u% 5G 26% 124% Cattie Market Chicago Cattle. Chicago, June 23.—Cattle, receipts estimated at 4,000, market steady. Beeves 5.00 @ 6.70 Texas steers 4.75 @ 5.90 Western .. .. 4.75 @ 5.70 Stockers and feeders .... 3.65 @ 5.60 Cows and heifers .. .. 2.50 @ 5.90 Calves 6.00 @ 8.40 >rod .I'ofure tire I’vo- -» il 1 vaiif’d Pecple’s Gas 105% [ nvi.riiiR mo eiimo iuf i- n i kici ‘ v^aiveb o.uu «// Lorneys representing him i a ace C ire?/ Hogs, receipts estimated at 17,000 tumcieni Haws in me ‘e- oq 327!'market 5c higher. luisition papers as to make it unnec- isi?.na hfi4 !.* ry ,0 inject personalities Into Island ptd .. .. .. ^ 4 ^Observations taken at 8 a. m. 76th meridian tiire. iFcbars or irontinuous lines; pass througli points of equal air pressure. Isotherms, or dotted lines, pass through points of equal tempera ture; they will be drawn only for zero, freezing, 90 degrees and 100 degrees. Symbols indicate state of weather: O clear; Q partly cloudy; % cloufiy ® rain; © snow; (S) report missing. Ar rows fly with tl>e wind. First figure, minimum temperature for past 12 hours: second, 24-hour rainfall, if it equals ,01 inch; third, wind velocity of 10 miles per hour or more. ♦ ♦ ♦ THE WEATHER. ♦ ♦ Forecast for Charlotte and Vicinity. Fair tonight and Friday. Light .. C.15 @ 6.57 Mixed 6.15 @ 6.60 l)or. onalities sliould enter,” comment- (•1 rtie governor. f?onio OI tiie ijpst legal talent In |rr»e"l'’st/‘t*'s Steel i'. ; United States Steel pfd .. .. 118\3 '^^«^ I - - _ •• •• «» •• •• 111;- ‘ thrre j Georgia appeared before the governor 07 lion. Mr.; in .Mr. Felder’s behalf. W. A. Helman, wegtgj-n'rnicn 17 Rough 6.05 @ 6.20 6.20 @ 6.55 5.70 @ 6.40 Bulk of sales 6.40 @ 6.50 Sheep, receipts estimated at 17,000, :.t) Stewmt's : r ing at the T e war. F’.rvniit, one of r' iiii-'ht, JM () • ,i i!’ ad. • ' M . 1 I.y t.:;,- i i.- water V. ill • af ^ the S. A. f' lt ’‘'Hui ing sta- >*pd and niad.'i New Orleans Cotton New Orleans, June 22.—Cotton fu- *''o>on and! of Charieston, S. C^, appeared in be- g^^ndard Oil ; , , ajhalf of the state of South j Valley ■ hr inaiter. ;m(! resisted the contentions of Mr. ! Ft^Ider’s attorneys that the papers did not meet the legal requiremenis laid down in the s-iatutes. He asserted that the Constitution of ^ h l^nY States left the executive j opened steady, 1 point up to 4 - V . l/f rf vitCf bister slate no discretion in the j weather map was inaiier when tile executive of one state called favorable although little rain issixd a requisiiion upon the other for p^vas shown in Texas. On and Imme- a pcr.son in another state. . . ! diately after the call leading bulls of- •■£ recognize that tne Constitution fered support and the more active >f the United States Is the principal months stood 2 points over yester- compelllng power,” said the governor, day’s close. The market did, not have b it the it’nctlon of a governor is to a good tone, however, private reports l>rotect iho interests of citizens of liis state when that state’s laws are not complied with.” The mere fact that the papers alleging the crime charged^ „ , ^ against Mr. Felder were accompanied | of trading prices were 2 points up to bv a ceititicate bearing the seal of 5 points down compared with yester- Governor Hlease was not sufficient evi dence of crime to warrant him, he said to grant the extradition. rrjv.f/ market steady. plr '*; Native 2.25 @ 4.15 17Ki>c.' Western 2.50 @ I Yearlings 4.00 @ 4.80 i Lambs, native .. ,, .. .. 3.75 @ 6.35 Western 4.00 @ 6.40 "cn loday For Addition ■ ' ’olav for tlie ■ ■ri’'.n Stjmdard owrod by thr ' I ' ..iirf’h. Tiie .il woek.-. ago that 'o 1)0 remodeled, MR of the changes n t'lo larg olllce and >r (pjarters. I rnl to Don New Uniforms I of tlio Shrlners will I • t j Friday night In ' 'I f' drum corps. The ‘s have come which In r>lorlng being red, • ‘ I'l * jiarint' to go to ■ "f Stirlnors at Ilochea- "f .!uly. Jim Walk- • ' f M.p patrol and they ’ •• dnim corps of showers over Texas and Oklahoma being against it. Scattered selling was more than the demand could absorb and at the end of the first half hour Probing Steel Truat. By Associated Press. Washington, June 22.—At the depart , xt m«'nt of justice it is said that the ket commenced to sag again. No spec- federal grand jury Investigation of ial support was offered the old crop day's final quotations. With the market acting as if it wanted to breaks leading bulls scat tered heavy buying orders around the ring and the new crops were put 7 to 9 points over yesterday’s close. As soon as this buying stoppe:! the mar- the United States Steel Corporation rei>orted to be under v/ay in New York is one of several preliminary in vestigations expected to determine what action if any the government idrsrd Is to give4^‘^‘* against the company. months and ti^ey did not share in the rise and at their highest were only 1 to 4 points over yesterday’s close. The weathef" forecast promised to rain in Oklahoma or Texas with the exception of the southeastern part ot east Texas and this was against short sales. At noon prices were 3 to 4 points over Close New Orleans Cotton Seed Oil. - , „ , * New Orleans, June 22.—Cotton seed | yesterday s final quotations. olT- Price refined in barrels per pound in the afternoon session the mar- G 35- choice meals 8 per cent am- ket was easy under reports of rains monla per long ton 28.87 1-2; choiceTexas. ** “ cake do do 26.25, Daily Movement of Produce. Re- Ship- ceipts. ments. Flour, bbls 15,300 14,500 Wheat, bu 31,200 23,200 Corn, bu 375,500 496,500 Oats/ bu 250,200 301,800 Rye, bu 1,000 Barley, bu 10,500 17,000 Car Lot Receipts, Wheat 18 cars, with 2 of contract grade; Corn 354 cars, with 148 of con tract grade; Oats 126 cars. Total re ceipts of wheat at Chicago, Minneapo lis* and Difluth today were 236 cars, compared with 328 cars last week and 186 cars the corresponding day a year ago. Chicago Provisions. Chicago, June 22.—Butter steady, creameries 19a23, dairies 17a21. Eggs steady, receipts 10,833 cases; at mark, cases included llal-2, firsts, 13; prime firsts 14. Cheese steady, Daisies 11 3-4al2, Twins 11 l-4al-2. Young Americas 12 l-4al-2. Long Horns 12 l-2al-2. Potatoes steady, choice to fancy old 1.00al.05, new 2.10a2.25. Poultrq live, steady, turkeys 12, fowls 11 1-2, springs 18a20. Veal steady, 60 to 60 lb. weights 8a 1-2, 60 to 85 lb. weights 8 l-2a9 1-2, 85 to 110 lb. weights lOal-2. ' June July Close New Orleans Spots. New Orleans, June 22sr—Spot cotton very steady, unchanged; sales on the spot 167 bales; to arrive none. Ijovf middling 14 1-2; strict low dllng 14 3-3; middling 15; strl^ mid-.Aug dling 15 1-4; good middling 15 7-16, Sept Htrict good middling 15 5-8; middling oct fair 15 7-8; middling fair to fair 16 Dec 1-4; fair 18 B-8 nominal. Jan Receipts 151; stock 70,899 'Mar At 2 o’clock the active months w^ere 1 to 3 points under yes- seed oil 38 1-2, terday's close. The market closed steady at a net Crude Cotton Seed Oil. Atlanta. Ga.7 Juno 22.—Crude cotton of 1 to 3 points. Open. High. Low. Close. 14.00 14.09 14.93 14.96 14.93 14.93 ...'. 14.02 14.10 14.01 14.05 .... 13.18 13.27 13.17 13.17 .... 12.92 13.02 12.90 12.92 .... 12.90 13.00 12.99 12.91 12.99 13.06 12.95 12.96 .... 13.10 18.18 13.10 18.08 ( ■■ ELDERLY MIDDLE AttbO AND PEOPLE Use Foley Kidney Pills for quick and permanent results 1^ all cases of kidney and bladder t-FOubles, and for painful and annoying 'irregularities. They contain just the Ingredients ne cessary to regulate and strengthen the action of the kidneys and blad der. They ar« lonlo in action, quick in results. Try t^em. state Forecast. Generally tonig:ht and Friday. Light variable winds. Weather Conditions. Light showers have occurred during the past 24 hours over the Southern states, from northeastern Texas to central Georgia. A fall of 1.56 inches is reported at New Orleans. Another area of rainfall covers the northw^estern states bordering on Can ada. Elsewhere the weather has been fair. It is again slightly warmer over nearly all portions of the country east of the Rocky mountain plateau, seas onable temperatures prevailing in near ly all agricultural sections. The high pressure area noted yes terday morning over the north Central states, has settled down over the Southeastern states. Continued high pressure is expected to result in fair v/eather tonight and Friday. O. O. ATTO, Observer. Washington, June 22.—Forecasts; Mississippi, Alabama, unsettled, lo cal showers tonight or Friday, winds mostly light and variable except south on the coast. Georgia, unsettled, local showers to night or Friday; light to moderate variable winds. New Orleans, June 22.—Forecast: Louisiana—Tonight unsettled, local showers tonight or Friday; light southeast to south winds on the Arkansas—Unsettled tonight; Fri day generally fair. Oklahoma—Fair, continued warm tonight and Friday. East Texas—Fair except showers tonight or Friday in southeast por tion; moderate south winds on the coast. West Texas—Fair tonight and Fri day. C. C., and O. Trains. Seaboard’s trail. 133 leaving Char lotte daily at 9:55 a. m., makes direct connection at Bostic with C., C. & O. trains for all points Bostic to Dante, Va., also trains coming east connect at Bostic arriving in Charlotte 7.; 05 p. m. This gives a direct line to tho most beautiful mountain country in the world. Suntmer resorts are being established at a great many points along this line, and persons looking for the most pleasant location for summer months cannot fail to find sttch a spot along the C., C. & O. For further information, call on or ad dress, JAMES KER, JR.. T, P. A., Charlotte, N. C, J. B. WYLIE. T, A„ 13-lOt Charlotet, N, 0, HELP SOME GIRL OR BOY WIN THE News Pony •li in the list of over a hundred ' anrf outfit and the othel !,'ts who are working hard for pi.*.. -, there is som*e one you know anc! would like to sqe win. Renew your subscription to The News today for three, six or twelve months and have the votes credited to your favorite. You get your full mon ey’s worth in the paper and will never miss the payment, and by so doing 3-0U v.ill help one of the contestants win. If you do not know when your sub* Bcripton expires call at the offico or telephone 115. If it takes eleven hits for Char lotte to make one on Greensboro, how hany hits will it take to make three, runs in order to beai the bune^+V “Let George lo it,” . - - Dorr To - Day
The Charlotte Observer (Charlotte, N.C.)
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June 22, 1911, edition 1
9
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