Wft
m
TH3 OHAELOTTE NEV^ AUGUST 19. I9II
9
Late Market Reports Complete
Cotton-Stocks-Graln-Provlslons-Misceilaneoeus
Southern Spot Mat net
l>nn., Aug. 19.—Spot
iiii.U; middling 18.
Lharlotte Cotton
14.00
rjerpool Cotton.
\'iw 10.—Closing: Cotton
rii’^s C. points higher.
.litlliuR fuir 7.39
11^ 7.05
6.75
'-i *.55
fi.29
6.04
Receipts none.
■riifd Steady and closed
tr.'i
«.:I6
t>.] 5
6.10
8.0.^
(>.061.4
6.0.”t
6.061a
6.07^^
6tt7'a
6,0S’^.
6.10
Live Market Data
New York Cotton
New York. Aug. 19.—The cotton
New York Stock Market
Chicago Gram
New York, Aug. 19.—Firmness was' Chicago, 111., Aug. 19.—Shorts were
market opened steady at unchanged, i ®^own in the stock market at the open-' inclined to even up over Sunday at the
prices to a decline of 2 points and ^ moderate volume of business.' openeing today and initial prices were
oOld about 5 to 6 points lower during ■ Pacific and most of the active higher despite word from Canada th^t
the early trading under scattering i made fractional gains. In the' hot weather is forcing the crop to
iquidation or hear pressure inspired obscure stocks advances were' maturity, which lends color to bumper
the Shwest.'^rhe'^ in“Sig^®Lw St°^T o Minneapolis and crop prognostications. September op-
crcp movement, unfavorable trade ad- * the commoi^ f^
vices, uicluding claims that 50 per! g Jn fo^Texal ComtTanv ^-S.
clo"ed°down I market became more active I 'Business in corn was very light but
and the Ene:*^ Ia*^r^trniihTl*I ^eeks soon after the opening. Union Pa- j prices early were steady at last night’s
i^Dg trade Ipterest. gave the mark€t|tive soon after"'th*''nn»^'* d'1 ISeptember opened ttnchanged at
l“.T«arn„!ef I'‘"' ".ade ' further adl
row.
Close. New Orleans 6pots.
N^w Orleans. Aug. 19.—Spot quiet
unchanged; middling 11 7-8; sales 35;
to arrive none.
I.ow middling 11 1-8
fluct'mtions nar- vances, extendin^^ to two pomts
^ the former. Other stocks, Atchison
The rise was opposed at odd times
with some impression in Union Pa
cific, which fell a point.
The market closed irregular.
strict low
\f * bu' gei’ Cotton Co.)
M . l'> i-J hitfhpr on .\u>;-
, ’ 'o 7 higher on Inter
' ■ 1 r oa*l\ at 1 to 5 ad-
7 lo S higher. Spot
■ •= Mids 6.75. No
r -?ililv may show some
inr b»!» the general under
market is steady with
* f.-om tat-lv offerings and a
('its Corn and oats con-
'h liphi svK'Culatlve trade
' ne to both markets.
\'.e continue to favor the
tiepreasious.
-ner Ocean. ^
>' !»-at 'oears as a rule
itiflfirnce in the seneatiou-
'> fi’om the .Vorthwest
• ’^ith the light outside
'•ig ranying charges
luv o nard wo’k to run
ii'arUcT.
!, I ho corn bulla last
i- ■•1 signers were show-
tion to buy ,\merican
n "as asking for
and September
aders on the bull side
» of ’heir position and are
I . ^ueak.
■i K today niti'iy of the
■ in the cotmtr\ will
- If is hf>li#>ved that
,11 .pf rent of the cot-
• :> •oin'rj will be in
the period.
■ p wo ot 'tions in Texas
- ’P8 a;ainat yodter-
=n- >hoAt‘d lOO to 102
'f'lnneiatures rising
i; RtiitPS.
' Or-ks o:;.6l2 certified
'ollin? based on the
ii. t no more steamers
|: which meane that
p crop contracted for
■ Encland will be held
65, while December and May were
within a shade of the previous close.
Oats were stagnant and prices a
shade under yesterday. September
opened 1-8 lower at. 41 3-8 and Decem-
1 ber a shade lower to a shade higher
middling n vs- mHrtiin.. Tr ‘ in the final hour dwindled at 44 1-4 to 44 3-8.
strict middling 'l2 1-16; good mid^, fhe l^ss^ a?t?\^e^ group Provisions were strong with com-
dlmg 12 1-4; strict good middling 12 Nashville Atlantfc Coast"^Linr Wif I houses buying. There was no
9- 6; middling fair 12 7-S; middling ' consin Central St Louis and Packers being in lihe mar-
fair to fair l.-l 1-t: fair 13 5-8 nomi-1 Francisco second pVefe^^^^ \merican »t
nnL Receipts, none, stock later. -Canadian preferred. American Cotton September lard 2 1-2 higher at
The market closed quiet and steady Oil. Westinghouse Electric. Interna- ' ‘
with prices net ial6 points lower. ’tic::ial Pump and Western Union were i
open: New York Cotton Futures. ,up a point or more. Leading stocks
.Neu \ork, Aug. ll>.—Colton futures reflected a degree of pressure,
opened steady. January li;32a33: | New Yor( Stocks.
March ll,43a44; May 11.52a5.'i; Aug.!
I 12.30a33; September 11.40 offered: ' Amalgamated Copper ..
Octobe'- 11.32a33; Novomber 11.3S of- American Beet Sugar
fered; December 11.10a41. : American CarFoundry
Close New York Futures. ' American Cotton Oil ..
'-‘^“leiican Locomotive ..
American Smelting .. ..
American Smelting pfd
Last sales
. .. 621/J,
52% I
and September ribs a shade Ad*
ance at 9.12 1-2.
Cattle Market
Chicago Cattle.
Chicago. Aug. 19.—Cattle, receipts
b50% estimated at 400, market steady.
New
York. Aug. 19.
—Cotton futures
closed
steady.
Open.
Hisjh.
Low.
Cl'jse.
Jan ..
. H.32
n.35
11.26
11.26—27
•Mar ..
. 11.43
n.»4
11.35
11.36—37
.May .
. 11.52
11.52
11.48
11.46—47
July .
.
11.46—48
Aug .
. 12.30
12.36
12.28
12.29—30
Sept .
.. 11.to
11.31
11.20
11.22—24
Oct ..
. 11.40
11.31
11.19
,11.22—24
Xov .
. 11.3S
11.22—24
Dec ..
. 11.40
11.12
11.30
11.31—32
New Orleans Cotton
27 * Ai^^conda Mining Co.. .
‘ Atchison
Brookh n Rapid Transit .
Canadian PacifJr
Chesapeake &. Ohio .. ..
Chicago 5r Noithwestern
Chicago, Mil & S(. Paul
Colorado Fuel & lro#i^..
Colorado & Southern ..
Delaware &• Hudson .. .,
Denver Sz Rio Grande
*"’5:1 Beeves..
3Texas steers
^ II Western steers .. ..
Stockers and feeders
0^,7 Cows and heifers ..,
Calves
5.28 8.10
4.50 @ 6.45
4.25 @ 6.75
3.15 @ 5.60
2.25 6.25
6.00 @ 8.25
Hogs, receipts estimated at 8,000,
market steady.
Light .. .. “ 7.25 @ 7.85
Aiixed 7.05 @ 7.»5
„ Heavy 6.90 (a 7.70
>) /2 Rough 6.90 7.15
Good to choice heavy .. 7.15 @ 7.70
106%
12 3
103
T6 Vs
23
.New Orleans. Aug. 19.— Cotton fu- ' Denver & Rio Grande ])fd ..
tuies opened steady at a decline of Erie
3 lo 5 points, i^iverpool futures were I Great .Vorthern pfd 126V^
a point or two better than clue but^Gfeat Northern Ore Ctfs .. .. 48%
the fact that no spot cotton at all Illinois Central 140^4
was traded in caused bears to be-1 interborough-Met ' 15%
come ai^gressive. The weather map, Tnterborough-Met jifd 44
favored neither side as the few rains i i^ouisville Sz NashvUle .. .. 145V4
In Te.xas which were favorable were Missouri Pacific .. 111%
Pigs 6.00 @ 7.65
ligu sales
blC4
I Native
b,»4 I
j 0
7.20 @ 7.60
Sheep, receipts estimated at 2,000,
market steady.
2.40 @ 3.80
Western 2.75 @ 3.80
Yearlings 3.70 @ 5.00
Lambe, native 4.25 @ 7.10
Western 4.7.> @ 7.10
Daily Movement of Produce.
:a
'T,' r
hf'if irom the owner
!^teamship Line to
t -iiving "strike here
- ;>il .S5)illng.s after Me-
• ; lay. will telegraph
;si - S3 resumed.”
incrliani. .\la.—Follow-
’•a!'l: ‘.Mex Bonny
"■ fhe A. B. A. R. R.
« !i cropo during my
' ’ ’ha« can compare
r ■ i' outiook between
■ t The cotton be-
iirul the coast i.s almost
ioi) as high as the rail
nd luok excellently
' visor and possesses
I ia.i to turn out an im-
■ ni; of the fleecy staple.
f ii tenderly handled
lino liiiH season and the
ork rliat has been going
i cprtainly seems to
!'h fruit.”
lae
Bi’adstreet’s Review.
Ane 19.—Bradetreei’s
; rj'otii which is general-
•'1 ' ■ Iwivr occurred In the
'j Wosi-^rn crops and par-
' •’ the first of the
' ■ '! of ihe season of
’■ ; ■ ivity, Hnd the conse-
* ^ ‘ :i the leading mark-
nil reflected in a
' -i; Mniitovement in the
' i trade this week.
^ ■ iiiotlerate, however,
»i;i| ii; > to operate cau-
i*;:iiiti)i clearer views of
I of possible tariff
tuarked, as heretofore.
' ' '■ '■! thr wool tariff revis-
■' i'l'itrovHl by the execu-
' :u';(8uie has apparently
" niore confident buying
■'tr' ol raw material, with
"I' fiitiR of values. Most activ-
' :i)mi\p trade is shown
,in(i kindred lines, gro-
"I f.'ill supplies generally.
however, is only
'I'^ruftnri v.aits upon real or
‘' ii'iitnption to an extent
' ' :tnfs.^f»| nt this season.
' I'roduction of finished
-f'Ofih volume, there is
in the way of new
■ fi'l reiiortr; of price cutting
Ruyers In gener-
■ 'r.,i(i\p ;,nd it is said
' '»i'Kiness would bring
' ':''Otations.
ri;n fair to slow. Busi-
in the United States
•■'k ending .\ugust 17 were
-OR last ^eek and 222
“*'6 week of 1910.
balanced by rains in the central j Missouri, Kansas & Texas
belt, uhich were unfavorable. The' Xatonal Biscuit
decline of 3") centimes in F'rench , National Load
rates were taken as a sign that the New York Central
Moroccan question was again cotu- Noifolk & Western .. ..
ing into prominence. At the end of Northern Pacific
the first half hour of business theiPaciPc Mail
trading months were 5 lO 8 points un-1 Pennsylvania
der yesterday's close. | People’s Gas
Toward the middle of tlie morning . Pullman Palace Car
>:horts were very free buyers of cov- i Reading
ers-' to even up^commitments over the! Rock Island Co
week-end, the market was unable to' Rock Island Co, pfd .. ..
meet the demand, with the rc:*ult that ’Southern Pacific
almoFt a complete recovery in prices | Southern Railway
look place. .V little later, strong bears , Union Pacific ..
were heavy selleis on the expectation [Union Pacific
of bearish foreign nev/s Monday morn- I'nlted States Steel
ing and the trading months were sent ! United States Steel pfd ..
9 to 13 points under yesterday's close' Wabash
The weather forecast for over Sunday 1 Wabash, pfd .. .•
promised more or less rain for Texas i Weetern Union
and the Carolinas and was generally: Standard Oil
called favorable. The market closed 1 l^ehigh Valley
steadv at a net decline of 4 to 14 j —
poii^ts. I TO HOLD POUL'fRY SHOW.
Receipts 101: stocks 23,456.
Open: New Orleans Cotton Futures. (Deep Interest in Second Exhibit to be
New Orleans. Aug. 19.—Cotton fu-| dd aj Rocky Mount,
tures opened steady. August 12.10; [
September ll.34a:]6: October 11.23a ‘
Re
ceipts.
34,000
292.000
280.000
112,000
Flour, bbls.
Wheat, bu
rn(v Corn, bu .
Oats, bu .
104% ^
Barley, bu 5,000
Car Lot Receipts.
Wheat 141 cars, with 60 of contract
grade; Corn 234 cars, with 6G of con
tract grade; Oats 216 cars. Total re-
Ship-
ments.
15.000
186,000
315.000
413.000
S,000
39.000
32 H-
131^
104
120%
30
121
103
WULO K.aiO, 1 KJLai
I4ii ceipts of wheat at Chicago, Minneapo-
op7/ I’s and Duluth today were 304 cars,
® compared with 394 cars last week and
1145/ I the corresponding day a year
ago
28% I
1 WATER REPORT.
1 ioV4. I
11'5^ I water trains from the river last
14//, night added 240,000 gallons to the sup-
jjQ ply in the settling basin. Twenty tanks
Yp ; w’ere emptied. The trains came at 11
j p. m., 2, 4, 6 and 8 a. m.
I The water front Crystal spring is
being carried from the spring to the
mains. It doe& rot flow through the
branch, as formerly.
Standpipe.
The cast of the broken elbow at the
standpipe having been completed the
break in the pipe has been repaired.
Before the W4ter is turned In the
standpipe again the latter will b© clan-
ed and reo&in.ed insid« and outside
United States Department of Agriculture
^ * >
WBSATHER BUREAU.
WloT.IS L- MOORE. Clu*»i
30.0 2.^ 2.'='®
\
I
'^6a
no
o&
: - SA>o-t-o-eA/b> -xfco'_
\ V T
^ 6 QAY\J.
( .91J.
(Observations taken at 8 a. 76th meridW —~ r —-—
♦ ♦
♦ THE WEATHER. ^
Forecast for Charlotte and Vicinity.
Showers tonight or Sunday.
For North Carolina.
Local showers tonight or Sunday.
Moderate northeast winds on the
coast.
WEEKLY COTTON REVIEW.
Weather Conditions.
A low pressure area of considerable
intensity is located on the North At
lantic coast this morning. It is fol
lowed by a “high” with center over
the Lakes. XJnder the influence of
this high the temperature over the
North Central states is considerably
lower this morning, the cooler weather
extending as far to the southward as
Tennessee and North Carolina.
Rains have occurred along the At
lantic coast and over the Gulf states.
Heavy rains w’ere reported from Geor
gia, Alabama, Mississippi and Arken-
sas.
Indications are for unsettled weath
er with showers tonight or Sunuuy,
in this vicinity.
Weather Bulletin.
59."t
165%
Rocky Mount, Aug. 19—Rocky Mount
?r;'"DecrmbeV u.‘2r;’Ja^iu^^^^^ this year of one of
March 11 40 bid; May 11.50a52. the largest chicken shows ever held in
Close New Orleans Futures. ] this section of the Atlantic coast coun-
.\ew Orleans, Aus. 19.—The cotton iry it the plans of the Eastern Carolina j This decibioit had been made several
tures closed stea'dv at a net de-{ Poultry and Live Stock Association are I months uso, b3f the board and Super-
I carried out. It is intended to hold the j intendent Vest, but owing to the fact
11.24 11.29 j sliow this year during the first week that the board did not want to waste
11.36 11.401 of December. At least 50 exhibitors j any water the cleaning wa& postponed.
fut
Cline of 4 to 14 points.
Jan 11.29 11.32
Mar 11.40 11.43
May 11.50
Aug 12.10a 12.12
Sept 11.34 11.34
Oct 11.25 11.25
Dec 11.25 11.27
11.51'and as many more as possible is the
12.01 12.02 aim of the club.
11.26 11.30 A meeting of the poultry association
11.15 11.19 will be held this week or the first part
11.18 11.231 of next week to formulate plans for
— {the holding of the show\ There is a
Close: New York Cotton Seed Oil.'po&sibility that a bench show may be
New York, Aug. 19.—Cotton seed/held in conjunction with the chicken
oil closing prices: |exhibit.
Spot, 5.98a7.O0; August 5.98a6.05;) This section of the state is the home
September 5.81 a5.85; October 5.70a | of the bird fanciers and Rocky Mount
5.72; November 5.65a6.58; Decetnber:jg center of interest for thenl. At
5.56a5.58; January 5.56a5.57; Febru
ary 5.57a5.60; March 5.57a5.60.
Sales between first and sec^d
calla; 100 September 5.81, 100 De
cember 5.51; 600 December 6.54; 200
December. 5.55; 100 December 6.56,
1,100 .January 6.51.
Total sales 9,400.
Chicago Provisions.
Chicago, Aug. 19.-Eggs, receipts 8,-
^^CheesV’firm, daisies \3al-4, Twins
12 l-2a3-4. Young Americas 13 l-^a
3-4, Long Hortas 13 1-4.
PouU^"flrm,*furkeys 14, chickens 12,
"vea” flrro, 60 to 60 ">•
60 to 85 lb. weights 9 l-2al0 1-2, 80
to 110 tb. weights llal2.
CHARLOTTE PRODUCE*
(Corrected by Emeit Hill.)
.10
Hens, per ro
Chickens, per lb
Sutler, per lb ••
Eggs, per dozen .. •• ••
Ducki, per lb.. •• •• *■ ••
Geese, per Ib •
Com • •
Oats
.18
.10
.08
.95
.60
New Orlean* Cotton Seed Oil.
New Orleans, Aug. 19.—Cotton seed
oil; Prime refined in barrels per pound
5.13. Choice meal 8 per cent ammonia
per long ton |28; choice cake do, do,
525.50.
the poultry show held here last year,
on a small scale, there were 20 exhibi
tors. From the start of the show plans
last year, letters poured In to the secre
tary of the a&soclatlon asking for a list
of premiums. He was compelled to re
ply that, as It was only a small show,
a sort of starting event, the premium
list was.limited. The situation this
year will be different and It Is ex
pected, with good assurance, that there
will be a number of exhibitors from
states as far north as Pennsylvania
and New York. There were 300 birds
on exhibition here lapt November. It
Is hoped to almost double that num
ber this year.
THREE NEGROES KILLED.
Donaldsville, Ga., Aug. 19.—Three
negroes, members of a party of blacks
who barricaded themselves in a house
and fired upon a party of whites, were
killed at Jakin, Earle county, yester
day afternoon and further clashes are
feared.
The rape riot of serious proportions
has followed the killing of Marshal
Newberry Thursday night a Jakin.
Thoroughly aroused over the murder
of the officer, the people have burned
a number of negro lodge buildings,
school houses and churches.
Business at Jakin is suspended and
white families are remaining In their
homes, fearing further trouble. It
is understood that the sheriff of the
county Is having difficulty In controll
ing the situation.
The whites are angry because the
negroes refuse to tell the whereabouts
Crude Cotton Seed Oil.
Atlanta, Aug. 19.—Crude cotton West, the negro alleged to have
seed, oil 34. j killed Marshal Newberry. It Is claim-
led that the negroes are arming them-
Naval Stores. (selves. Rumors are current that the
Savannah, Ga., Aug. 19.—Turpentine governor will be asked to order out
firm, 53 l-4c.
Rosin firm, F. 6.B0a55; G. 6.55.
VISITING AT
MR. TRAYWICK'S.
Mrs. J, B. Tray wick, of Aiken, S. C.,
l» visiting at her son’s, Mr. D. D. Tray-
wlck, on North Church stret.
the state mllltla to preserve order.
Coming—“In Hands of Imposters.’'
Three reels. The feature picture of
them all at Amuse U next Monday,
Tuesday and Wednesday. Special ad*
mission IO0.
The pipe being emptied by accident,
the cleaning will now be undertaken.
Water Report.
Charlotte, N. C., Aug. 19.
Gallons.
Storage 7 a. m., 18th 4,679,250
Inflow-, Irwin’s Creek ’200,000
Inflow', Stewart’s Creek .. .. 308,250
Tank Car Service 180,000
Deficiency ..' .. 341,500
Pumpage to City
.1,029,750
Storage at 7 a. m., 18th .. ..4,679,260
Minus I^ficlency, 19th, at 7 a.
m 341,500
Storage 7 a. m. 19th 4,387,750
W. B. VEST, Supt.
By M. MAFFITT.
Sunday School Pic
nic at Mulbejty Ch.
The annual Sunday school picnic ot
Mulberry Presbyterian church will
take place next Thursday on the
church grounds. Mr. D. R. Fonville
of the Charlotte bar will make an ad
dress.
The Sunday schools of all neighbor
ing churches are Invited to participate
In the picnic and bring well filled bas
kets of dinner.
—The artillery, Dr. W. M. Robey,
captain, returned from the coast last
night, where they had been In camp
for several weeks.
Close New York Spots.
New York, Aug. 19.—Spot cotton
closed quiet; middling uplands; dp
gulf 12.75. No sales.
Mrs. Ben Scronce and children, of
Statesville, are visiting Mrs. E. Q.
Richardson, of Dilworth.
CONGREGATIONAL MEETING.
An Independent congregational
meeting is to be held after services
at Oroveton Presbyterian church to
morrow morning.
Coming—*Mn Hands of Imposters."
Three reels. The feature picture of
them all at Amuse U next Monday,
Tuesday and Wednesday.' Special ad*
mlaalon IO0.
CT 1
Highest
yesterday.
Lowest last
night.
fit
U
3
c J
I*
.!? «
0 (0
Atlanta
. .. 82
70
.02
Augusta.. .>. .. .
. .. 90
72
.04
Birmingham.. ..
.. .. 78
68
.02
Boston
. .. 86
60
.46
Charleston
. .. 94
74
.00
CHARLOTTE
. .. 90
70
.02
Chicago
. .. 76
66
.00
Corpus Christi..
. .. 88
78
.00
Denver
. .. 90
63'
.00
Fort Worth
... —
78
.00
Galveston
.. 88
82
.04
Houston.. .. .. .
... —
76
.12
Jacksonville.. ..
... 90
76
.02
Kansas City .. .
. .. 94
72
.00
Little Rock
...
, 70
.14
LouiBville.. ..
.. 92
64
.00
Memphis
.. 86
72
.68
Mobile.. .. '.. ..
.. 88
74
.20
Montgamery .. .
.. 86
72
.00
New Orleans .. .
. .. 88
74
.62
New York
.. 80
60
.18
Oklahoma
.. 98
72
.00
Palestine
.. 96
74
.00
Salt Lake City.. .
. .. 96
76
.00
San Antonio.. ..
., —
76
.00
San F^ncisco.. .
. .. 68
54
.00
Savannah
.. 90
70
.06
Shreveport
.. 96
74
.30
Taylor
■ . —
76
.00
Vicksburg
, , —
74
.00
Wilmington
. .. 92
70
.64
St. Louis.. ... ..
88
68
.00
Heavy
Rainfall.
.
Albany, Ga
V#* ♦ •
1.10
Balnbridge, Ga ..
1 • • * •
• • •
1.10
Fort Gaines, Ga..
• • • • •
>'•* '• •
1.80
Waycross, Ga.. .
!• •! •
1^,
Prescott, Ark ..
» • • • • «
• • • •
1.70
Eldorado, Ajk..
1.00
Aberdeen, Miss..
V •! • ^
1.00
Columbus, Miss ..
m mj % •;
:• •, '• •
1.40
Meredian, Miss..
• • %'•'
• > •
1.20
Okolonft, Miss.. .
♦
'• •; # •.
1.20
Opelika, Ala.. ..
" :♦ •: ■# m.
1.10
Ozark, Ala.. •
✓
'• *1
1.60
Corinth, Miss ..
'• •. ’• •'
1.20
Tuscumbia, Ala..
• • • • •
2.00
Camak. Ga.. ..
• • • • •
• • •
1.00
Kingstree, S. C...
• •• • • • •
• • • •
1.30
New York, Aug. 19—During the week
trading in cotton has been on a steady
basis of values, with spot and trade in
terest buyers of new crops to a con
siderable extent, together wltlTcnv^-
Ing of shorb contnacts ’oy profesional
operators, while the x\ugust position
at times has reflected the early and
heavy movement of southwestern cot
ton, although it is true that many com
plaints have recently been received of
excessive damage in the southwestern
belt and in some Eastern sections of
the cotton-producing region by extreme
ly hot and dry weather, while in the
6K)uth central belt there have been
many complaints of iusect depredation
and of too much rain. Trade conditions,
too, have been rather unfavorable, as
in many instances there has been fur
ther curtailment oi: production. Recent
English labor troubles have also tend
ed to discourage the bulls. Of late
the temperatures in Texas and Okla
homa have been lower and prii^ate re
ports from Texas- have been of consid
erably more rain than has been shown
by the official reports. The heaviness
of the stock market has also been used
as a bearish argument as selling of
weakly held stocks has in many instan
ces been aoompanled by the liquida-
lion of distressed long cotton, many
stock exchange houses in the past two
years having added cotton depart
ments to their business. Yet many
crop advices have been bad and Chi
cago has reported that there has been
a somewhat better inquiry for manu
factured goods. Rains in Louis-iana and
Arkansas have been excessive in some
sections, Alabama has complained of
insect damage, as has also been .the
case in Mississippi, and in Texas it is
said that there has been considerable
damage by drouth, boll w'eevils and
other pests. Dry weather In India has
caused reduced e.stimates of the crop
In that country, while in Egypt there
have been complaints of insect dam
age. Cotton mills at Chicopee, Masa,
and at Saco, Me., are said to have
reopened. Memphis and Wall Street
in this have at times covered short
commitments, as it is justly argued
that the month of August is most criti
cal in the life of the crop. During
the week prices have risen 18 to 27
points, with the dlst^t po&Itions show
ing the greatest gd.lns. Offerings of
new cotton have increased.
SAYS GOVERNMENT CROP
REPORTS ARE ERRONEOUS
W'ashington, Aug. 19.—Renewed pro
tests against the issuing of prelim
inary cotton estimates by the agricul
tural department were made Jn the
senate by Senator Smith of South
Carolina. He presented telegrams
from agricultural commissioners of
eight cotton growing'states declaring
the government estimate of a record-
breaking cotton crop was not borne
cut.
Senator Smith introduced a new res
olution calling upon the secretary of
agriculture to make an Immediate in
vestigation and report conditions of
the cotton crop. Senator Smith declar
ed that the cotton^ market dropped $29
a bale on the strength of the govern
ment's report of a 3,000,000-bale in
crease in this year’s crop.
“This estimate was made June 28,”
he declared, ‘ before part of the crop
was out of the ground.’^
He said he protested to Secretary
Wilson and informed that the
Secretary did not know the prelimi
nary report had been issued, and that
it would not occur again. But on Au
gust 2, Senator Smith said, another
glowing preliminary report was issued.
“I should hate to draw in the sen
ate of the United States,” Senator
Smith added, “the conclusion that I
feel might be drawn from this re
markable report of the agricultural de
partment. Either the comir issioners
of all the cotton states, men right
on the ground familiar with conditions,
are utterly mistaken, or else the agri
cultural department is w'rong in its de
ductions that there will be a record
crop this jear.
—He is oft the wisest man
Who is not wise at all.
—■Wordsworth.
Coming.—'Mn Hands of Imposters.”
Three reels. The feature picture of
them all at Amuse U next Monday,
Tuesday and Wednesday. Special ad
mission 10c.
world’s Visible Supply of Cotton.
New Orleans, Aug. 19.—Secretary
Hester’s statement'of the world’s visi
ble supply of cotton issued today
shows the total visible to be 1,588,923
against 1,625,163 last week and 1,542,-
335 last year.
Of this total of American cottoh is
732,923 against 732,163 last week and
784,335 last year, and of all other kinds
including Egyl)t, Brazil, India, etc.,
856.000 against 893,000 last week and
758.000 last year.
The total world’s visible supply of
cotton shows a decrease compared
with last week of 36,240^ an Increase
compared with last year of 46,588.
Of the world’s visible supply of cot
ton, there Is now afloat and held in
Great Britain and continental Europe
846.000 kgainst 754,000 last year and
In Egypt 62,000 against 38,000 last
year and in India 453,000 against 475,*
000 last year; in the United State®
228.000 against 275,000 last year.
Remarks.
Showers have occurred over all dis
tricts of the belt being general in
Savannah, Mobile, Vicksburg, and Au
gusta districts. Heavy rainfall occur-
red in t Arkansas, Mississippi, Alabama
and portions of Georgia, Temperature
changes have been unimportant ex
cept that they are somewhat lower
over North Carolina.
O. O. ATTO, Observer.
Weather All Over South.
Washington, Aug. 19.—Forecast:
Kentucky: Unsettled showers to
night or Sunday; slightly warmer to
night in west portion.
Tennessee: Local showers tonight
or Sunday.'
New Orlejins, Aug. 19.—Forecast:
Louisiana: Tonight and Sunday
.generally cloudy, showers tonight or
Sunday; light variable winds on the
C0ftst«
Arkansas; Unsettled showers to
night or Sunday.
Oklahoma; ' Tonight and ‘ Sunday
generally fair, ‘ ,
Texas; Tonight and Sunday gen
erally fair except local showers In
north and extreme east portions to
night or Sunday; .light southern winds
OQ Uxft pout, ‘
TD AP
X Jlv jrVJr
SHOOTERS
SUPPLIES
Weddington Hardware Co.
29 East Trade Street
I-
h
.
irj Hi-
u -.p
‘5
-It
1 f ?
I