Newspapers / The Charlotte Observer (Charlotte, … / July 13, 1911, edition 1 / Page 9
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THE CH %R!.OTTE NEWS JULY 13 1911 9 Late Market Reports Complete Cotton-Stocks-Grain-Provisions-Miscellaneous \}Ti Spot Mat Kit New York Cotton July 13.—Cotton July 13.—Middling i3. New T^ork, July 18.—-The cotton mar ket opened steady at an advance of 8 to 9 points on near months which were influenced by the relative firmness of -Spot cotton the old crop and Liverpool, but from T ^ points lower on later deliver- n«ed ’ 15'^ 3-8. i to a renewal of yesterday’s 5. , July 13.—Spot mid-1 encouraged by re- ■4. July 13 hang.i; middling u | pVcaVe“;;;prrurtr«'-a™\TB."or,he _ ^ ! old crop and bull support of the near July 13.—Spot cotton: months rendered shorts somewhat un- I easy following the sharp break of yes- X3?. July 13.—Spot cot-|terday and there was enough covering New York Stock Market un ports of further rains or showers in Pnttnni^^^ Western belt. The south was a iin. here-T)resumably against pros iddlin^. 14 1-2. hailotte Cotton verpool Cotton .15% :,ily 13.—Closing cotton: l.'mand; prices 9 points fair ;g .. .. .. 8.27 .. 7.95 .. 7.73 7.53 V 7.27 7.02 'f th® (lay wer« 8000 bales were ror speculation and Included 7,600 American. ^ V)0 bales. Including 200 ^ ned easlsr and closed ir* 7.47 7.42^. 7.19 6.85 6.75 6.70^4, 6.69 6.70 6.71 6.72 Cattle Market druing the early trading to hold prices within 2 or 3 points of the Initial figures. Trading was quiet in the late fore noon and while prices held steady on covering or a little bull support, there was a continued southern selling move ment and moderate rallies from the early low points were barely maintain ed, with prices at mid-day about net unchanged to 7 points higher, with Au gust relatively firm. The western belt forecast was for unsettled weather weather with continued showers Spot, quiet; middling uplands, 14.25, nominal. Close: New York Spots. New York, July 18.—Cotton, spot, closed quiet, unchanged: middling up lands, 14.25; do gulf, 14.60; sales 2,100 bales. Open Nsw York Futures. New York, July 13.—Cotton futures opened steady. January, 12.73a74; March, 12.77a78;May, 12.83a84; July, 14.00a03; August, 13.85a86; ^ptem- ber, 13.04a05; October, 12.78a79; De cember, 12.75a76. Close New York Futures. New York, July 13.—Cotton futures closed barely steady. Open. High. Low. Close. 12.73 12.80 12.70 12.71—72 12.77 12.85 12.72 12.76—77 , . 12.79 12.S3 12.93 12.84 14.00 14.07 14.00 13.85 13.86 13.75 13.04 13.06 12.98 12.78 12.84 12.74 C ic»go •,i)y 1; Cattle. 4 Cattle, receipts market slow. 4.S5 @ 7.00 4.60 @ 6.10 >rc 4.75 @ 5.90 eders .... 3.00 ^ 5.10 fers 2.25 ^ 5 75 5.00 •-f'O ■'s estimated at io.OOO, her. 6.45 O' 6.87 Jan . Mar , April May July , Aug , Sept Oct . Nov Dec 12.75 12.82 12.72 12.85—87 14.05—08 13.75—77 12.95—97 12.74—75 12.71—73 12.72—73 New Orleans Cotton New Orleans, July 13.—Cotton fut ures opened barely steady 1 point jp to 5 points off. Cabeles were lower than d\ie and the weather map was wet. Light to good showers were in dicated in all portions of the cotton belt. The forecast promised more rain _ fl on over practically the entire belt but this did not stimulate selling to any Chicago Grain 6.30 (a 6.S5 The market actea somewhat ce heavy. c Oft b.-u a b.io pygpsold. Tbe near months were in- les. f I 'I -.ive .. 6.55 fr 6.75 eceipts estimated at 15,000, weak. 2.60 ^ 4.T5 3.00 ri 4.70 4.4't @ e 4.00 'fi he end of the first half ho’ir c _ iiness the new crop month? were i.:.c.r to 5 points under yester day's close. Buying orders were al most wholly from realizing shorts. Towards the middle of the morn- 550’ing many telegrams found their way 7 00 ^he market, stating that boll wee- Movement of 4.50 @ 7.00 Produce Re celpts. 21.1H0 343.000 149.700 117.000 1.000 24,O'i0 Lot LOTTE PRODUCE. '•'i by Eruest Hill.) ^ 11 rr, 19 vil damage was increasing in the central belt. These reports checked the decline and brought abut a Ship, [srhall recovery and caused nervous- ments ' ness among shorts and stimulated the 25.7001 buying cf covers. From a level of 4 loirioolto 5 points under yesterday’s close, 467*700 i the new crops were 3 to 4 points 177 800; over th.'it level. There was next to no ..’....! business in the old crop months but ^,9001 at one time July was 7 points over yesterday’s quotations and August was 2 points over. At noon the mark et was dull, unchanged to 1 point down, compared with yesterday s close, on the trading months. A flurry of /covering around mld- iV sentp rices about 5 to 7 points but demand failed to the advance. Southern wire^ continued to bring selling or- and the market turned easier Receipts. ■ar- '« ith 495 of contract cars with 61 of con- ■ • cars. Total re- • ; ' (’hicaso, Minneapo- today were 697 cars, '12 cars last week and ^ day sentp ■ . -j.onding day a year.net higher I broaden on New York, July 13.—Wall Street.— Interborough Metropolitan, was the only stock to move more than a small fraction at the opening of the market today, advancing a point. Otherwise the list was firm at about last night’s level on a light volume of trade. Prominent stocks displayed a degree of firmness but fluctuated within ex ceedingly narrow limits in small busi ness. Various specialities moved widely. Reports of the critical Illness of John W. Oates caused liquidation In Texas Company and It sold off 5 points to 109. It touched 136 1-2 earlier In the year. Virginia Carolina Chemical was In de mand and Improved a point. A firm undertone gave an appear ance of strength to the stock market druing the morning session, but trad ing was listless and movements were small except for a few Issues which were affected by particular influences. Good weather reports and lower quo tations for grain and cotton Improved speculative sentiment. Trading was active In American Beet Sugar and went up 1 3-4 to 54. Bonds were steady. The market was unusually bull be tween 12 and 1 o’clock, the ticker being Idle most of the time. Professional operators found It impossible to scalp even the merest fractional profit In face of the ex treme dullness and withdrew from the market In disgust. The market closed steady. The tone of the market was easier In the closing hour, but prices did not vary much. New York Stock List. Last sale. Amalgamated Copper American Beet Sugar American Car & Foundry .. American oCtton Oil .. .. American Locomotive .. .. American Smelting .. American Smelting pfd .. American Sugar Refining .. Anaconda Mining Co t>39 Atchison Atlantic Coast Line 131% 1 Baltimore & Ohio 109 *>^1 BrookljTi Rapid Transit .. .. 83^4 Canadian Pacific • 241'% Chasepeake & Ohio ^1% Chicago & Northwestern .. Chicago, MU & St. Paul .. Colorado Fuel and Iron .. Colorado & Southern .... Delaware & Hudson .. .... Denver & Rio Grande .. . Denver & Rio Grande pfd .. Erie Great Northern pfd 134% Great Northern Ore Ctfs .... 60 Illinois Central Interborough-Met pfd ^>1% Louisville & Nashville 154% Missouri Pacific 49_ Missouri, Kansas & Texas .... 36?4 National Biscuit National Lead New York Central 108 '/a Norfolk & Western J09 Northern Pacific Pacific Mail iXlv Pennsylvania ac People’s Gas ^ av Pullman Palace Car 160% Reading Rock Island Co Rock Island Co pfd Sov Southern Pacific ^00 v Southern Railway Union Pacific 18* vs United States Steel J9J4 United States Steel pfd llnYf Wabash -'s W^abash pfd Western Union S; Standard Oil 6ol Lehigh Valley I'"* United States Department of Agriculture WEATHER BUREAU. WIIiLIS L. MOOllE. Chief Chicago, July 13.—Huge receipts here and in the Southwest with in creased arrivals northwest put the wheat market today on the down grade. Cooler weather in the spring belt counted also in favor of the bears. The fact was pointed out that in the last four days the extraordin ary total of 1,522 carloads of new wheat reached Chicago as against only 51 during the corresponding time a year ago. Opening prices were the same as last night to 5*8 down. Sep tember at 90 1-4 to 90 1-2 and de clined to 90. Corn weakened because of Ideal weather conditions shown on the gov ernment map. Moisture and less try ing temperature formed the rule from the Canadian line to the gulg. Sep tember opened a shade to 3-8al-2 low er at 66 5-8 to 67 1-8 and steadied around 66 3-4. Profit taking sr.les made cats ap pear heavy butp urchases on the part of a leading long brought about a rally. September started l-8al-4 off to as ixteenth up ct 47 to 47 1-4, drop ped to 45 3-4 and recovered to 47 1-2. Provisions rose with hogs. First sales 2 1-2 to 7 i-2 higher oeptem- ber deliveries went at 15.90 for pork; 8.45 for lard and 8.57 1-2 for ribs. 53% 5©% 54% b40V4 80^ 107^ 119% St. Louis Grain. St. Louis, July 13.—Cash: heat, lower; track No. 2 red, 84 l-4al-2; No, 2 hard, 88a95. Corn, higher; track No. 2, 68; No white, 68 l-2a69. Oats, steady; track No. 2, 47a48 1-4; No. 2 white, 51al-2. Crude Cotton Seed Oil. Atlanta, Ga., July 13,—Crude cotton seed oil, 37. GOT TIGER UNDER NEW SEARCH LAW 147% 126 V4 34% 55 170 28 87 36% Tb, .15(^20 .16 .10 .08 .20 dprs again during the early afternoon un der a renewal of local pressure with new crop positions selling off to a net decline of about 3 to 4 crop months were quiet steady, but eased off slightly with the later deliveries. In the afternoon them arket ^as dull and featureless. Prices had a } t#»ndf»ncv. At 2 o clock the (ObsemtioiiB taken at 8 a. m. 76th meridian tine. Ifobars or continuous lines, pess througl points of aqual air pressure. Isotherms, or dotted lines, pass through points of equai tempera^ ture; they will be drawn only for zero, freezing, 90 degrees and 100 degrees. Symbols indicati itate of weather^ O clear; Q partly cloudsr^ # cloudy ® rain; (S) snow; ® report missing. Ar« rows fly with the wind. First figure, minimum temperature for past 12 hours: seooxui, 2i-houi rainfallt ilit equals ,01 inch; third, wind velocity of lO miles per nouror moreu THE WEATHER. Forecast for Charlotte and vicinity; Fair tonight and Friday. For North Carolina: Fair west, lo cal showers east portion tonight or Friday. London Stocks, London, July 13.—The market for American securities opened steady with light trading. At noon the tone was steady with prices ranging from unchanged to 1-2 above yesterdays New York closing. . Light New York buying in the trade caused prices to harden. The closing tone was heavy. ARLOTTE GRAIN. .9.5 .65 icago Provisions. IV 13.—Butter steady, ■: 24. I'airies I8a22. . ■ceipt.'; 8.220 cases; - if' hided 5al 1 1-2, firsts, • fir!-ts 15 1-2. = ri . naiwies 13al-2, Twins i.i Americas 13 l-4al-2, ^ ‘3 :5-4aa4. - , barrel 5.00a5.25. f'ady, turkeys 12, fowls r 20. 50 to 60 It), weights 8 ber 12.81al2.8_2j, r weights 9 l-2alO 1-2, weights 11. “S "/ were 3 to 6 point, under yesterday’s clos^ Close: New Orleans Spot Cotton. New Orleans, July quiet, unchanged; middling 14 5-8, ^nles 68: to arrive none. Low middling 14 1-8; strict low 14 3-8; middlinfi 14 ”rtct middUng 14 T-8; 15 1-16; strict good _ 7-16; middling fair 15 5-8; 1 'irm. Naval Stores. Ga., July 13.—Turpentine 0 G.40 F. 6.40a47 1-2; •S PIN INTO DYNAMITE And Woman Loses Finger Is Badly Hurt. urg, \'a., July 13.—This Bt- a young son of Mrs. Virginia ' ho lives in South Lynchburg, = fiy' amite cartridge, ran to ■ r, r sking what It was. ■ did not know, but pro- ’ Dvestigate with a hatpin. ■ P exploded, blowing the wo- finger entirely off and tear- portions of her thumb, sec- ^ ird fingers. She also sustaln- j r\ to her right eye and ■i.-r. October 12.66al2.67 January 12.T«a 12.71; March 12.78. Chlc.90 C. G. Pear«e Named, ated Press. ncisco, July 13.—Th© noml ■imnittee of the National Ed WHEAT— July .. • • Sept . May May .... . CORN— July Sept .... Dec May .... ■ OATS— July .... . Sept .... Dec May . • • • PORK, bbl— July Sept ...• RIBS, 100 Ib.s.— July 8-35 Sept 8.4o Jan 8.4 RIBS, 100 lbs.— Sept Jan .. 88% . 90% . 93% . 97^ . 65% . 67% . G5% . 67% . 47 . 47% . 4914 . 51% 16.00 16.00 8.60 8.22% 88 89% 92% 96% 64% 66% 64% 66% 46% 46% 48% 50% 15.90 15.90 8.30 8.40 8.42% 8.55 8.17% 88% 89% 92% 96% 64% 66% 64%i 6®% 46% 46% 48% 61 15.90 16.00 8.30 8.40 8.42% 8.55 8.17% Two Hundred Lives Lost n. iiifion todav named Car-! By Associated Press. ereat* Pe.:,e. .uperlDtenden. of, Toronto. Ont., .July 13.-The freH f 'Tllwaukee, for president est catastrophe «here 600 ' “SrrroSsno!rrerertJ'!^Kl% "eV.de’nt'.'’* Vch!fd%rinTe[r live.-, Asheville, July 13.—The first notable conviction in superior court of a de fendant in the recently enacted “cearch and seizure” has just occurred here, when Paul Allman, who, it is al leged, conducted a blind tigtr at the Battery Park hotel, was declared guil ty of having for sale more than two gallons of intoxicants. Allman was defended by Judge Thos- A. Jones and Judge P. C. Cook. Judge Jones raised the point that the “search and seizure’’ law as applicable to Buncombe, Madison and Columbus counties, is unconstitutional. He ar gued the point at some length ^o Judge Lane, who overruled tlie ob jection, and the case was tried. The state showed by polict ofilcers that a certain portion of the hotel was visited and that been on Ice and in suit cases and whiskey was found. The defense introduced no evidence. There were no arguments by counsel and the jury was given the case by tiifc judge after his charge. It whs not long until the twelve men returned a ver dict of g’i'lty. Sentence has not been ) assed. Eevluue Agent Sams, in cbnrt^'e ot tb;s district, has filed his renort. foi iUo iiiorth of June. 'I he report shov/^ that during the month more thiL t.i,- lO ‘ railons of whiskey were si'7ed; Hiar 37 ^'licit distillerice v.cre aes cd anu that the value of the L seized was more than $50,000. There are 22 prosecutions recommended. The number of distilleries seized is not as large as th numbr in May, but the amount of whiskey taken is greater, this being due to the seizure of a large bonded distillery In West Virginia, where 30,000 gallons of spirits were confiscated. Fire yesterday morning in the Wll- liams-Brumnell Planing mill, at Bilt- more, practically put out of commis sion the boiler room and did damage to an amount approximating |500. The fire was confined to the boiler room and other parts of the large plant were not damaged. Weather Conditions. From Tennesse southward, r-ainfall has been quite general in all sections' of the cotton growing states. Heavy rains are reported from localities in Texas, Louisiana, Alabama, Georgia and the Carolinas. Cloudy weather is prevalent this morning in the southern states. These rains and the cloudy weather have been due to unsettled barometric conditions extending rom Virginia to Texas. A marked area of high pressure cov ers the central Mississippi and upper Missouri valleys this morning. It is accompanied by moderate tempera tures in the north central states and cooler weather in the northwest. The hot wave In the northeast Is di minishing. Present indications favor for Char lotte and vicinity, fair weather tonight and Friday. O. O. ATTO, Observer. Call Money. New York, July 13.—Money on call, steady, 2 l-4al-2 per cent; ruling rate, 2 3-8; closing bid, 2 1-4, offered at - 3-8 Time loans, firmer; 60-days, 2 1-*- per cent; 90-days, 2 3-4a3 per cent; six months, 3 l-2a5-8. Perfect Weather All Over the South. Washington, July 13.—Forecast: Kentucky and Tennessee; Fair weather and moderate temperature to night and Friday. North Carolina: Fair in west, local shov.-ers in east portion tonight or Fri day; light variable winds. South Carolina, Georgia, Alabama and Mississippi: Local thunderstorms tonight or Friday, not much change In temperature; light variable winds. Florida: Local thunderstorms to night or Friday; moderate variable winds mostly east and southeast. New Orleans, July 13.—Forecast: Louisiana; Tonight and Friday un settled, showers tonight or Friday; light variable winds on the coast. Arkansas: Tonight and Friday un settled, showers tonight or Friday. Oklahoma; Toiiight and Friday un settled, showers tonight or Friday. East Texas: Tonight and Friday un settled, scattered showers tonight or Friday; light variable winds on the, coast. ^ West Texas: Tonight and Friday un-! settled, showers in north portion to-1 night or Friday. DEATH OF A CHILD. Trousers We’ve a fine line of elegantly tailored, perfect fitting Trousers. The exclusive tailor can not excel them in cut, style or tailoring. He will do exceedingly well if he equals them in any feature save his price. We’ll take pleasure in showing you what excellent Trousers we can fit you with for $3.50, $4 or $5 When out of Trousers or the Trousers and we’ll do business in very short order. are out Just step In YORKE BROS. & ROGERS WOMEN, s . 11 guaranteed hose, 70 per cent, profit. Make $10 dally. Full or part time. Beginners. inve3tlgate Strong Knit. Box 4029, West Phila delphia, Pa. S-12 Sun tf. men AND WOMEN: It you want work, sell guaranteed hosiery to wearer. Bis commlb3ion. Make $10 dally. Experience unnecersary. Ad dress International Mills, 3038 Chest nut, Philada.. Pa. 2-13 Sun tf. COLUMBIAN Wy^ndottes are beau- tlen and good layers too. Eggs for sale. A. P. White, Myers Park, City. 2-20-mon-fri-tf REMOVAL—307 N. TRYON. 1 have moved my Corset Parlor to 307 N. Tryon, where I shall be pleased to have customers call who enjoy a perfectly fitting Corset. Every pair euarantoed and fitted by an expert. MRS. NELLIE REEVES FOR RENT—Large three-story build ing at 208-210 South College St., suit able wholesale, retail or manufac turing business. Will rent all or part to fiult tenant. Phone 1027. 20-tues-frl'tf COL. HARVEY BOOMS WILSON Says Jersey Executive Will be The Next President. New York, July 13.—Gov. Woodrow Wilson, of New Jersey, fs the one safe bet' for next president of the United States, according to Col. George Harvey, who, together with Clarence H. Mackay, sailed for England on the Kaiser Wilhelm II, of the North Ger man Lloyd Line. “Woodrow Wilson is sure to be nomi nated for president o nthe democratic ticket,” said Colonel Harvey. “There is no doubt about it. He stands fairly well in the West and very well, indeed, in the .Middle West—finely every where, except in Ohio. “How can you beat it?” he went on with enthusiasm. “Mr. Taft will easily be nominated by the republicans, for Mr. Roosevelt will not take it. He only runs when his party has a chance of success. This is an off year for the re publicans.” When asked whether or not Presi dent Taft had not redeemed the party. Colonel Harvey said: “Reciprocity has helped President Taft, but the republicans have always .von on pro tection. Mr. Taft has abandoned it, and the results are a subject of speculation. “Mr. Wilson is regarded as repre senting the more liberal element in the bemocratic party, while Mr. Har^ mon, of Ohio, Is not Identified with the advance wing, although he has been the author of some good measures in Ohio.” Mr. and Mrs. Williamson of Steel Creek Lose Their Child—Buried at Sugar Creek. ' The funeral of Inez, the 17-months- old child of Mr. and Mrs. J. S. Wil-, liamson, of near Lodo, was conducted this morning by Rev. Mr. Cleveland of Steel Creek. The interment was at Sugar Creek. i The child had whooping cough, and death was due to that cause. Many friends attended the funeral and deep, sympathy was expressed for the pa rents. —Mr. B. S. Davis Is attending the Pharmaceutical Association at More- head. ! It is quite possible for a be near-sighted and still be looker. ‘girl to a good AGENTS—Sell genuine guaranteed hose, 70 per cent profit. Make $10 dally. Live agents md beginners Investigate. Strong «.init Box^4029, West Philadelphia. 2a-«t-sun PATENT YOUR IDEAS and make money. Send for my new book, “How to Get Them.” Best service. Joshua R. H. Potts, Lawyer, Washington. D. C., Chicago and Philadelphia. CIVIL SERVICE EXAMINATIONS ooen the way to good government positions. I can coach you by mall at small cost. Pull particulars free to anv American citizen of eighteen Write today lor Booklet or over. E 615. Earl Hopkins. Washington. D. C. 6-18-7t-sun * New York Cotton Seed Oil. New York, July 13.—Cotton seed oil closing prices: Spot, 609a620; July, 608al5; August, 609a610; Sept., 608a 09; Oct., 586a88; Nov. 560a562; Dec., 557a58; Jan., 560a62; March, 560a63. Sales between third and fourth calls: 400 July, 615; 300 August, 610; 1,100 August, 609; 700 Sept, 610; 1,800 do, 609; 500 Oct., 588; 200 Oct., 587; 200 Nov., 560; 200 Dec., 558; 200 Jan., 562. Total sales, 23,300. Close: Southern Cotton Seed Oil. New Orleans, July 13.—Cotton seed oil: Prime refined in barrels per pound 600; choice meal 8 per cent, ammonia per long ton 29.00; choice j cake do do 26.00. j For Rent One 10-room St. house, N. Tryon One 5-room house W. 12th St. One 4-room house S. Tryon Ext. One 3-room house S, College St. One 3-room house, Winona St. One 3-room house N. St. Davidson C. Me Nells 33 East 4th St ’Phone No. 604-J. OFFICE OF THE Mechanics Perpetual B. & L. Association CHARLOTTE, N. C. Our usual July disbursement will take place promptly on time. Our 45th series will mature with the payment Saturday, July 15th, and we will commenoe paying it off the following Tuesday. The series has 1,193 shares, which means we will pay our share holders $119,300.00, made up as follows, viz: Canceled Mortgages, $48,560.00 Free Shares . . . 70,740.00 Total $119,300.00 On these 1,193 shares their owners have paid us In install ments $99,317.25, so we will ret*jrn to them their entire payments to us, with $19,982.75 added. This is a fairly good dividend, don’t you think? So much for maturing shares. Qur last series, the 57th, was a record-breaker, 4,632 shares havlijg been actually paid for. We are proud of this and are looking forward to our 58th series, anticipating equally good or better record. Books will open August 1st and subscriptions may be made and applications for loans filed any time during August. Payments ^ ec«nmenc« the first Saturday In September. We want you to come in with u8. R. E. Cochrane Secretary and Treasurer J. H. Wearn President.
The Charlotte Observer (Charlotte, N.C.)
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July 13, 1911, edition 1
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