TEE CHAPXOTTB SEWS JULY
1911
Late Market Reports Complete States Department of Agriculture
M ^ ^ _ V MroArravn ^
j^ff.?.PҤ.^f^^K^"Q>^flin-Provisions~.MiscgHaneflus
s.v.;/ie7n Spot Mafnet
^teathbb bureau.
WII.US L. MOORE. Clilet
il.v 15.~Spot cotton
Ifew York Cottm
New York, July
July Id.—Cotton spot
marj(.t o„.„ed .tead".T?„*
I c®“ seneralb un
T 1 11 Q ^hanged to 6 points lower in response
^ « . July 15 —Spot I to lower cable* than due, unfavorable
i! quotation omitted. | trade reports and continued rafns In
nr . July IS —Cotton southwest. Offers were not very
hanged; middling 15 i * however, and the market
steadied up after the opening on oov-
ermg of shorts and a little trade buy.
ng^ which again developed around
U.(5 Tor the new crop months. Bus
iness was quiet during the middle of
the morning and prices rules about 3
points higher to 3 points lower, or
some 3 to 4 points up from the low
ew on the new crop months.
Close New York Futures.
New York. July 15.—Cotton futures
closed steady.
Open.
OTTE PRODUCE.
d by Ernest Hill.)
11
lb
.19
.15®30
.16
.10
.0«
.20
L^QTiotte Lctton
.16%
\ierpool Cotton
.1 y lo.—Cotton spot
oinrs higher.
' n.: fair .. .. S.35
S.03
7.81
T.«l
7.53
7.10
’ho day were 4,000
Jan
i Mar
May
July
Aub;
Sept
Oct
Dec
12.72
12.80
12.89
14.07
13.87
13.00
12.76
12.73
High. Low.
Close.
12.Sn
12.72
12.76—77
12.ST
12.80
12.82—83
12.93
12.S9
12.90—92
14.09
14.03
14.06
13.99
13.85
13.96—99
13.05
13.00
13.01—03
12.S5
12.75
12.81—82
12.83
12.73
12.78—79
Ntw Orleans Cotton
New Orleans. July 15.—Cotton fut
ures oi^ened steady at a decline of 3 to
5 l>oints. Cables were not as good as
expected and good rains in the west
stimulated selling. Bulls offered the
,VM1 were for si>ecula- market no support in the early trading
and Included 3,7001 and offerings from trailing longs about
I met the demand from covering shorts
•ales, no .\merican. j Reports from Texas were favorable
1 steady and closed'but the middle of the belt continued
_ _ I to send in accounts of damage by the
- weevil. Option was about equally
^•■*3^.,diAidsd and prices fluctuations in the
r cc! i hour of business were not
important. At the end of the first half
r* i bour the trading months were 3 to 4
; points under yesterday’s close. The
old crop months were neglected.
Close New Orleans Futures.
New Orleans, June 13.—The cotton
market closed barely steady . un
changed to 10 points up compared with
}estcrday’s closing.
6.69
6.70
6.71
Laitie Market
C' ;ico Cattle.
’ ■—Cattle, receipts
‘ market steadv.
1.S5 ‘ft 7.00
Feb
Mar.
July
Aug
4 rtO o.io
i.lh '?? 90
(a 5.10
2 27) ^ .'.751
o.OO ^ 7.251
Dec
Open.
Hi?h.
Low.
Close.
12.72
12.7S
12.72
12.77
12.81
12.85
12.85
12.86
14.47
14.63
14.63
14.60
13.65
13.75
13.68
13.75
12.S3
12.88
12.S7
12.83
12,CS
12.73
12.68
12.72
12.66
12.72
12.66
12.71
New York Cotton Seed Oil.
New York. July 15.—Cotton
seed
’= estimated at 9.‘^uO,* , . . *
’jOil closing prices:
Spot 5.S0a5.90; July 5.90a3.97: Au
gust 5.8Ga5.S8: September 5.84a5.85;
October 5.€8a5.70; November 5.4Sa
.■).50; January 5.49a5.50; March 5.o5a
5.r*6.
Sales- between first and second
calls; 200 July 5.98; August 5.92;
r«'av'
fi 6 >0
6.:)0 (a 6.80
•^.10 /?7- 6.SO
•'.10 ^ 1.35
«.o5 ft «.S0
* 50 ft (',.45
New York Stock Market
New York. July 15.—Wall Street.—
The demand for stocks was unusually
Ught in the early trading today al-
^ough the market held firm. Southern
Pacific, Chesapeake & Ohio, Missouri
Pacific, Virginia Carolina Chemical and
Western Union made slight fractional
gains.
The market closed steady. The list
dragged its slow length in the second
hour with some shading of prices in
the speculative leaders, Union Pacific
and Reading selling lower but chang
es were insignificant except for a one
poine rise in Interborough Metropli-
tan pfd.
New York Stock List.
Last sale.
Amalgamated Copper 6S%
American Beet Sugar 53
American Car & Foundry .... b56%
American Cotton Oil 50^
American Locomotive b4J
American Smelting 70"4
American Smelting pfd bl064
American Sugar Refining .... bll9
Anaconda Mining Co b39
Atchison 112^
Atlantic Coast Line
Baltimore &: Ohio
Brooklyn Rapid Transit
Canadian Pacific .. ..
Chesapeake S: Ohio ..
Chicago & Northwestern
Chicago. Mil fir St. Paul
Cclcrado Fuel S’. Iron..
Colorado & Southern ..
Delaware & Hudson ..
Denver & Rio Grande
Denver & Rio Grande pfd
Erie
Great Northern pfd
Great Northern Ore Ctfs
Illinois Central
Interborough-Met
Interborough-Met pfd ..
Louipville & Nashville ..
Missouri Pacific ..
Missouri, Kansas & Texas
National Biscuit bl35
National Lead ? .. 55"4
New York Central lOS^i
Norfolk & Western bl08%
Northern Pacific 131~8
Pacific Mail b27H
Pennsylvania 125
People’s Gas .. bl05;^
Pullman Palace Car blGl
Reading 157'^
Rock Island Co bl'lTi
Rock Island Co. pfd 64-4
Southern Pacific 122
Southern Railway 321^
Union Pacific 187vi
United States Steel • 79
United States Steel pfd .. .. IISV*
Wabash bl6
bl31
109%
83V*
242
83%
bl47=i^s
126’7i.
b34%
b34
bl70
28%
57%
36-%
135
bl43Va
58
52 V4
154 4
49
b38S4
fi ^0 f? ftrt Ul.' 0.«70. AUoUCL O.a. ,
r f, r'-n •-V'iStist 5.90: 6C0 Septembdr 5.9$:
estimated at 6,'>00, :
2,60 ^5
."r.oo ^
4.4'^ fi
\ '■' ■1 rf,
. .. i.:o
'5 7.00
I'erricnt of Produce.
Re
Ship.
mentp.
. .. i.;.7oo
12.^0^
.=)31.2^’>
128 200
.. .. ino.c^o
245,sOO
.. .. 1S'>.400
4SI.000
2.000
.. rs.om
3.700
Lot Receipts.
100 September 5.87; September
5.85; lOo September 5.84; 100 October
0.71; 400 October 5.70; 100 Novem
ber 5.55; 500 December 5.50: 500 De
cember 5.51; 100 January 5..51; 500
- Vo January 5.52, 1.000 .lanuary 5.53.
*’ Total sales 15,800.
Wabash, pfd ..
Western Union
Standard Oil ..
Lchish Valiev
G60
174 i'2
London btocks.
4.6
4.7
...)0
London. July 15.—American fecuri
ties after an uninteresting session on
the stock exchange today closed quiet
with prices a fraction over the New'
Ycrk closing of yesterday.
Chicago Grain
Chicago Grain.
Chicago, July 16.—£)enlal that there
had been any calling of bank loans
to give the wheat market today a
steady tone. In decided contract with
th® previous session, trade was not
large. Most of the outside news had a
bearish cast and led to some selling
on every advance. Ideal weather north
west and heavy receipts here formed
the principal influence against the
bulls. The opening was l-4a3-8 lower
to 3-Sc up. September started at 87
5-8 to 88c, thes ame as last night to
3-8 higher, fell back to 87 3-8 and
rallied to 87 5-8c.
Assertions that the damage to the
Kansas crop appeared to be largely
theoretical, took the edge off the corn
market. Absence of any moisture
worth mention, however, made prices
at first ratlier stiff. September opened
l-8al-4 to 3-Sal-2c higher at 67 1-4 to
67 1-2. A decline to 66 5-8 followed.
Plentiful offerings of new oats had
a weakening effect upon the cereal.
Besides, country cash concerns were
leading sellers of futures. September
started a shadi off to 1-Sc advance at
47a47 1-8 to 47 l-4c, and sagged to
46 1-4.
Firmness of hogs helped sustain
provisions. Initial sales were 2 l-2c
low'er to a shade higher, with Sep
tember deliveries 837 1-2 for lard and
8.45 to 8.47 1-2 for ribs.
There was but little business in
pork.
iW
Sx^XLructoAj aJI.TTL.
•50.1^
iOb&ervati^ 8 ^ ni. 76th meridian tine. Igcban or continuous lines,' pass t^roiigl
points of air pressure. Isotherms, or dotted lines, passthrough points of equal tempera,
toue; they wulbe dra^n only for ze^ freezing, 90 degrees and 100 degrees. Symbols inai^te
state or ^fftther* Q cle^ Q partly cloudy^ # cloudy ® rain; ® snow; ® report missing. Ar-
jows fly ^th the wind. First figure, minimum temperature for past 12 hours; aeooad. §4-'hour
ramfall, if it equals ,01 inch; third, wind velocity of 10 miles per hour or more.
dor's New Orleans Spcts.
New Orleans. July 15.—Spot -’otton
closed quiei. unchanged; middling
14 5-?; sales cn the spot 72; to arrive
Lon middling 14 1-S: strict low mid
dling 14 3-S; middling 14 5-S; strict
I middling 14 7-8: good middling 15
l-l»i; strict good middling 15 7-16;
jm’ddling fair 15 5-8: middling fair to
''i!h 1'':* of contract" fair 16; fair IS 3-?^ nominal.
" rar* with 17 of con-| Receipts later; stocks later.
■'S'- 11' car?. Total re-
at Chicaro. Minneapo- Ntw Orleans Cotton Seed Oil.
■ were 522 cars. New Orleans. July 15.—Cotton seed
-.^2 cars last week and oil, prime refined in barrels per
"'rresponding day a year pound 600; choice meal 8 per cent
'ammonia per long ton 2S.00; choice
cake do do 26.00.
‘^d's Visibla Supply.
.?ui> 15.—Secretary j
nipn' of the world's vis-]
Chicago Provisions.
Chicap:o. July 18.—Butter and eggs,
rnfton shows the total market, eggs, receipts S.764 cases;
1.291 against 2.232.399 mark.
..'17 las.f :.ear. Of this cheese steadv. Daisies l3al-2. Twins
13 l-4ai-2.
Long
Potatoes easy, barreled 4.76a5.00.
Brazil. India. etc.,i poultrv fair, unsettled, turkeys 12,
VO23,000 last week fo^l* 18, springs 15.
' I V^al tteady. 50 to 60 lb. weights 8a
"M s visible supply of 9 gri to 85 lb. weights 9 l-2alO 1-2,
shows a decroi* 85 to 110 m. weights 11.
last week of 145.105,
, I^atsi^o
\m^rlcan cotton is 1.113,- 12^1-2. Young Amertcas
. ;ro last week, 1.134,- t^ng Horns 13 S-4al4.
ri af all other kinds.
‘ » compared, with last
i ' visible supply of cot-
afloat and h#ld In
atvl continental Europe
1 n).?,ooo last year:
' against 68.000 last
.’>39.000 against 611.000
■1 .n the United Stat«a
f .120,000 last year.
Savannah, Oa., July 15.~-Turpetttlne
firm 60al-2. Rosin firm; type F.655a
657 1-2; G 655a657 1-2.
N»w York Spot Cotton.
J'jlv 15.—Money. On call
CHARLOTTE GRA|N.
Corn 95
Oats 00
s dull; 60 days 2 3-4 per
■' 6 months 3 5>8aS*4.
For Rent
room hous«, N. Tryon
house W. 12th St
■ ill house S. Tryon Ext
om ho ise S. Collegw
■m houB«, Winona St
t!i N*. l)avlrt?on
C. Me Neiis
No. 33 East 4th St
'Phon# No. 604-J.
ELUBORHTE EVENT
FOBJ-IIIGHT
Notable, socially and commercially,
will b« the dinner to be given tonight
by th« American Trust Company, in
celebration of the tenth anniversary
of its existence, which today commem
orates. The dinner will be served in
the large stockholders* room on the
bank floor of thft building at 7:30.
Covers will be laid for 75 persons.
Mr. Oeorge Stei^hebs, president of the
company will preside, and Mr. W. H.
Wood, secretary and treasurer will be
bis right hand man.
Mr. Jones, the well-kno^'n caterer of
th« G«m Dining room will serve the
dinner.
Impromptu talks will be made by
stockholders along the line of the
derelopment of the company.
MORE MOEY FOR EDUCATION.
AtlanU, July 15.—The effort df the
(educational institutions of Georgia
to get more money for the ensuing
year will receive serious considera
tion at the hands of the legislators,
particularly the strong plea of Dr.
K. 0. Mathaion, ro the Georgia
School of Technology. He declared
that the growth of . the school made
It absolutely necessary to have more
teachers. Col. N. E. Harris, chalrnaan
of the Tech board of trustees, asked
for an additional appropriation ot
$25,000.
Crude Cotton Seed Oil.
Atlanta. July 15.—Crude cotton
seed oil 37 1-2.
Mr. Whitlock At
His New Post
Dun’s Review
New York, July 15.—R. G. Dun &
Co.’s weekl.y review of trade says:
Prevalence of high temperatures
throughout the country has adversely
affected business, notably in retail
lines.
in response to theb roader demand
for finished materials the steel mills
aie rapidly resuming operations.
Plants in the Pittsburg district are
working fully^ up to the June rate,
while the leading industry is, run
ning at slightly over 67 per cent
of its steel ingot capacity. A more
favorable showing than had been
e.tpectsd was disclosed in the un
filled tonnage report of the steel
corporation, orders on hand during
June increasing 246,871 tons, where
as in the two months immediately
preceding there was a combinded
falling off fully 231,000 tons. Num
erous orders for railroad equipment i
are in sight but delay is noted in
making awards.
Buyers are still hesitating about
placing forward orders in dry goods.
Prices are generally well maintained,
exceptions being noted in some gray
cloths-. Jobbers have extensive plans
for merchandising under special
sales during the coming week, when
many of the largest buyers will be in
the East to attend an important
Tj^cctins. Curtailment of mill opera
tions is still very large in all tex
tiles. Dress goods agents will open
thf.'ir new lines about the twenty-fihh.
Tiading in men s woolens is reported
HZ- being good.
Yarns show an easy tendency.
Movement of footwear gradually in
creases. Buyers were more numerous
in the New England market but cau-
lon continues to be displayed in all
transactions. Retail trade, however,
' continues to show' improvement.
^ THE WEATHER. %
i
Forecast for Charlotte and Vicinity. '
Fair except probably local thunder
showers tonight or Sunday. j
For North Carolina: ' .j
Generally fair except probably lo-'
cal thundershowers tcnigiht or Sun
day, warmer in extreme west portion, i
OFFICE OF THE
Mechanics
Weather Conditions.
Barometric conditions in the south
eastern part of the country continue
relatively uniform. These conditions
are accompanied by cloudy weather
and by local showers during the past
j 24 hours over the Gulf and South At-
It is generally slightly cooler over
the above mentioned states, although
moderate temperatures prevail. |
A slight depression /sverlies Texas,
where heavy rainfall has been quite
general during last night and Friday.
The indications are for fair weather
with the exception of pro'jably a local
thundershower tonight or Sunday. H
Perpetual
Association
CHARLOTTE, N. C.
Weather Bulletin.
The trust department of the Amer
ican Trust Co.. from today will be
under the direction of r. P. C. Whit
lock, announced in The News colunms
a few days ago.
Mr. Whitlock is occupying the of
fice provided for him this morn
ing. His office is directly on the
right as you enter the large banking
ing room, and is immediately adjoin
ing the office occupied by the sec
retary and treasurer*, W. H. Wood.
It Will doubtless be gratifying to
the public as well as the American
Trust Co., to know' that a man of Mr.
Dr. Reid's Auto
Hits Boy and Bike
Keenan WilliamSf Son of Mr,
John F, miliams^ Had Nai^
row Escape—Jurned m
Front of Auto — Bruised
Badly.
Whitlock s abilit,v is to have charge i , t ^
of the trust business of thifr institu- ^ youfig son of Mr. John
tlon. The nature of the trust busi- ^-^1111*013. of East Liberty street,
ness such as executir, adfnini^strator, * narrow’ escape from being kill-
guardian, etc., makes it necessary to i^68ter^y after^on. He was
have am an of high character and le- struck by Dr. W. K. Reid s automobile
Sai ability to handle it successfully,»South TiTon street, and btit for the
and the American Trust Company , ^ P’'- running slow-
has secured in Mr. Whitlock these “Maimed
«jualifications in the highest degree. 1 L « j u-
* - ' Dr. Reid and his children were go
ing south on Tryonstreet. Keenan was
riding a bicyele, going in the sai)n« dl-
D.rby, Pa„ July 16.-Att«r ra »b. ’
rtf fiO Cow- bcttvcen tn^ block bOu&u
county, Mlssiurl, kni his brother, Mor-
nl—- 01 First street, .ana slowed down to
Which Side or the street they would
who were reunited after a separation . Keeran for r#»Afcoti or
of 44 years, visited their boyhood
4m All aIjiI OtllCr* tO ^0 bStCiC vip
pvrpnt evidently forgot about the automobile,
L turned within a few feet of It.
1 « son-in-law, gijo^ted at him and applied
i^naries h. ciarKe. brakes, but the distance was too
^ ^ II short. The maehine struck the bfty
X- V S'l A the bike. The boy was knocked
New York, J^y 15.—Co^^ g^me distance, and Dr. Reid thought,
closed quite, 5 points killed. Dr. R^fd ran to him, picked
uplands 14.30, do gulf 14.55, no rushed with him to the
Mercy General hospital, where he
gave him a thorough examination. He
VISIT HOME AFTER 60 YEARS.
sales.
11..^ mother had tried to answer her imemdlately phoned hie parents, and
Httle boy s (yiestion In after finding that the boy had escaped
future life. One day he came running
in from his play and said: "Mamma,
if only my soul goes to heaven, what
will I button my pants onto?”—Ex
CA^ORIA
For InfemtB aad Chil^ien.
rns Kind You Have Always Boaght
Bears th^
Signatore of
with no brbken bones, took him home
Dr. Reid was upset for the day.
“When I saw that boy turn right in
front of me I never experienced such
a feeling in my life, for I was sure r
was going to kill him. I asked the
boy ‘what in the world, son, did y5u
turn for?’ ‘I was trying a boy’s bicy
cle,’ he replied, ‘and had gone as far
as I wanted and thought I’d go back.’ ”
The boy is able to walk around the
house today, but has a sore head,
bruised knees, ankl#s and hands.
But it takes mbre than an automo>-
bile to kill a boy.
STATIONS.
Atlanta.
Augusta
Birmingham
Charleston ..
CHARLOTTE
Chicago
Corpus Christ
Denver .. ..
Fort Worth ..
Galveston
Houston ....
Jacksonville .
Kansas City .
Little Rock .
Louisville ..
Memphis ....
Montgomery
New Orleans
Oklamoha .. .
Pale Stine
Salt Lake City
San Antonia ..
San Francisco .
Savannah .. .
Shreveport .. ,,
Taylor
Vicksburk .. .
St. Louis
Remarks.
(u
3
t;
c $
o ♦
>>
n
(A
Q-«
X «
w C8
? «>
I >>
5.S*
-i c
Q W
4> —
IL .5
68
08
. 82
70
0
. 84
66
.28
70
0
92
72
12
. 84
02
66
0
, 86
78
0
. 86
62
0
1.76
. 86
80
20
.
74
06
90
72
50
. 90
74
0
. —-
74
0
. 90
68
0
. —
74
0
Sfi
72
1.45
90
' 72
02
, 88
76
46,
. 76
62
141
. 92
74
0,
. 86
72
06
. 94
66
—
72
32,
. 60
50
0,
84
70
44i
84
72
1.14:
. —
76
O'
—
74
1.12
OO
70
1.D4'
90
74
0,
Our usual July disbursement will take place promptly on time.
Our 45th series will mature with the payment Saturday, July loth,
and we will commence paying it of! the following Tuesday.
The series has 1,193 shares, which means we will pay our share
holders $119,300.00, made up as follows, vLs:
Canceled Mortgages, $48,560.00
Free Shares . . . 70,740.00
Total
$119,300.00
On these 1,193 shares their ow’ners have paid us in Install
ments $S9,317.25, so we will return to them their entire payments
to us, with $19,9S2.75 added. This is a fairly good dividend, don’t
you think? So much for maturing shares.
Our last series, the 57th, was a record-breaker, 4,632 shares
having been aitstuilly paid for. W’e are proud of this and are looking
forward to our 58th series, anticipating an equally good or better
record.
Books will i>pen August 1st and subscriptions may be made and
applications for loans filed any time during August. Payments
C6mmence the first Saturday in September. We want you to oome
in with us.
R. E. Cochrane
Secretary and Treasurer.
J. H. Weam
President
Lowest temperature
period fending 8 a. m.
for 12-hour
SPEAK TO ME
I don’t care who you are—what yOu do—where you live—nor wbat’s your
family history—I love to speak to people, and love for people to speak
to me. There is nothing “biggety” or “stuck-up” about me—I would rather
be known as the busiest young man in Charlotte on speaking terms with
everybody, than to be the richest “old grouch” in the city—for I know t
can make all the money I will ever need if people will “SPEAK TO ME.”
Furthermore, I am no candidate for any public office, And never expect to
be tnd if I ever own an automobile, or a “flying machine”—I never ex
pect to ride too fast to “speak to people” I know.
Give me your business—My time is my own—have horse and buggy and
xiiU go anywhere—anytime—day or night—to act as Notary.
Ofilce ’phone 243—residence ’phone 1270-J.
FRANK F. JONES—The Public Notary.
Heavy Rainfall.
Wilmington 1.04
Alexanderla, La 1.50
Mobile, Ala 1.50
rort Worth, Tex 1.46
Harrison, Tex * *. .. 1.46
Spur, Tex .. 146
Weatherford, Tex. .. 1.70
Dallas, Tex 104
Longvfew, Tex 128
Luling, Tex 1.50
firenham, Tex 134
Newnan, Ga 1-20
Tallapoosa, Ala 1.80
TocOa, Ga 1-80
Eldorado, Ark 1.60
Vicksburg. Miss. .. 1.10
Yazoo City, Miss 130
Local showers have a^in occurred
in nei^rly all sections of the Belt.
Heavy rainfall is reported from ’t'exas,
Alabama and Georgia. The rainfall in
Texas wAs quite general, mofe sta
tions reporting rainfall than for seve
ral weeks. Temperatures are mode
rate throughout the fielt.
O. O. AtTO, Observer.
Weather all Over the South.
Washington, July 15.—Forecast:
Kentucky and Tennessee* local
thunderstorms tonrtght or Sunday;
Warmer tonight.
Georgia, Florida, Alabama and Mls-
issippi, local thundershowers tonight
or Sunday; light variable winds.
New Orleans, July 15.—PV)recast:
Louisiana, tonight And Sunday un
settled, showers tonight or Sunday,;
light southerly winds On the cdast.
Arkansas, tonight and Sunday gen
erally fair in north portion; probibly
showers in south portion tonight or
Sunday.
Oklahoma, tonight and Sunday gen
erally fair.
East Texas, tonight and Sunday un
settled, showers tonight or Sunday;
light southerly winds on the coast.
Perfect
Fitting
o
Trousers
We’ve a fine line of elegantly tailored, perfect fitting Trousera.
The exclusive taller can not excel them in cut, style or tailoring.
He will do exceedingly well If hfe equals them in any featur®
save his prices 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 are but Ju:t step in
and we’ll do business in very short order.
YORKE BROS. & ROGERS