Newspapers / The Charlotte Observer (Charlotte, … / Dec. 20, 1904, edition 1 / Page 7
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CHARLOTTE DAILY OBSERVER, DECEMBER J2X 1001. COMMERCE AND FINANCE. tOTTOJf orr I Tol'ir poofTs. P. i-ft.-., . i'l.m-'...-' ;r-'; January 2oca Down to : T.44.' of - IBteM Behw th ' rrerloo Iw ; j Level -To Market Hammered All Along the Lin by Leading Prate- pvatonal. ;t-' Vi '"AfiilV Vv:''" " ""Ktw Tork, Dec, lli-Tho cotton roar- - fcet u steady and not very; much ; doing to-day. Leading professionals appeared to be hammering the" mar ket all along the line, and shortly af ter the ooenlna: wtcee began to sag off. followed by New, Orleans and the Liverpool market. .After a decline of . some to 10 points, there was irregu larity around midday, wHh .the small receipts estimated for-leading points ; to-morrow. l -gi exports and private reports f strong spot holders attract- Tng som support,. But the, market r broks agntii In the afternoon, and dur 1 tng the balance of the session was gen - arally weak.'; As. prices declined, some , stop orders Were caught, .and the mar ket was' natty barely steady at a net loss of 1 to' 11 points, -with January quoted at 7.44. or t points below the previous low level. .Sale estimated at iM.m bale.t?i;-. rfr-'J' . J Recetptsvot -cotton At the1 .ports to day. 65.174 bales, 'Mimet 60.017 last , week and 66,60 bales last year. For the week, J00.0OO bales, against 826, J05 last week and 301,814 last year. To day's receipts at New Orleans, 18,154 .bales, agatnat 14.715 last year, and at Houston, 7,167 bales, against 10,781 last year. : :-.. . epot closed quiet IS points lower: Middling uplands, 7,00; middling gulf, f.16. , :'..-. . ' r Futures' opened quiet and steady: January. 7.4: February. 7.74: March. . M4; April. 7.M; May. 7.4; June. 7.18; July, l.oe; .August, s.ot; uctooer, 1.00. : Futures' closed barely' steady: De cember, 7.40; . January, 7.44: February. 7.63: March, 7.41; April. 7.69: May, 7.72; June, 7.80; July. 7.84; August, 7.84; Oc tober.. . J HAS ALBEMARUBS STACK. North ' Carolina Own' Remarkable Relic of the Civil War. V Eld ... 'Perhaps the most remarkable of all the relics of the civil war which North Carolina has In Its museum at Raleigh , fa the smokestack of the Albemarle, a vessel which had a unique history and a- sensational ending. There are, as well as can be picked out, about 100 holes In the smokestack: these made by I, 10 and li inch guns being yawn lag ones. vThe vessel was built of white 'oak and pine in a cornfield belonging to , Peter E. Smith oft Scotland Neck, and when completed was launched In the Roanoke river. No photograph was ever taken of the vessel. The only drawing made was one by her designer. J. L. Porter, of Portsmouth, Va., of the5 Confederate navy. After he made this drawing the protective shield on ber gun deck was altered, and so the drawing did not agree with the vessel as she was launched. In order to pre serve a correct representation of the Albemarle, his daughter, under his di rection, made a drawing, which was the only; true One. . " Mrs. ''Smith says the Albemarle was built under a contract made by Gil bert Elliott 4V Company, of Elisabeth City. N. C, with the Confederate navy department The company consisted Of Elliott, Peter E. Smith and Robert J& Smith. William Elliott, a brother Of the contractor, had charge of the money, the bookkeeping, etc.; Peter E Smith had charge of the machinery and the shipyard and the latter did the firat work an the vessel, m the way of getting timber from his own forest near by. He spent every day in the yard, where he watched every detail of the construction from the time the lr 1 l-(yl I- . iu vessel was nastily- bunt, but the Work was substantially- done. The cannon for her armament was sent from the Norfolk navy yard, which the .Confederates had taken In June, 1881, upon Its abandonment by the Federal preetv .The iron used In plat ing the vessel was rolled at the Trede gar Iron works at Richmond, the mate rial used being railway Iron, which was taken from the aide tracks of a road or two in North Carolina and sent to Richmond for this purpose. iThe vessel was relied upon to drive the Federal forces from Northeastern North Carolina, where they had taken possession. The Albemarle sank or dis abled or captured several Federal ves sels, but was finally sunk at her wharf at Plymouth by the daring of Lieut Gushing, the boy officer of the United States navy, who, after weeks of watching, lying , in the marshes, suc ceeded one night In getting a torpedo over her beom and under her. The explosive did the work and the vessel sank to remain In the mud. Her smokestack was saved, ridled with shot and shell m It was, and is an object of interest to thousands of visitors to the hall of history at Raleigh. " ? C P. Ellis and Co.'s Cotton tetter. Special to the The Observer. few Orleans, La., Dee. u.-A.uhough Liverpool was distinctly better than the logical expectation when our mar ket opened, the early trading disclos ed a condition of weakness which it was difficult, to; account for, except as resulting Yrom the removal of the Short Interest and Increasing pressure of spot cotton, the offerings of which have .been more liberal than at any time since the publication of the -Bureau report; Bears seised the oppor tunity to hammer prices down, com mission hosiers Went mainly to- the selling aide, and there has been no support axclpt such as, came from proflt-taklnil by satisfied shorts. Spec ulation Is r9e concerning the showing I be made.by the forthcoming cen tos, many Relieve that the glnners will be slowlto furnish a true present iment for fear of-still' further depre- - eating the value of the product, while others thing the .government, having this possibly In view, will not rely wholly upon tha glnners' report, but seek collateral Information as well We conclude that there Is ho escape . from the legitimate effect of a super f abundant (hop. Couthern holders are . not effectively ' organised, and ; the . spinner as well as the speculator Is secure in the knowledge of an exces- - alve supply. CvP. ELUS CO. -"is.'-' ..,.' ? . '; 'i'-'H -. - Hubbard Bros. Co. V Cotton Letter. Special to tha The Observer. . livj .New Tork. Dec We have- ha' . a-j weak, undertone : front - the .-tart, i which, though h'gher, showed the ab sence of spot demand. . They, paid at i fentton to the light receipts at Into V rtor towns, which were estimated at 10.009 bales, against 89,000 bales last i year. ? wo many reports are published iwci inir coiiyn uti seems to have vat r vii.uiK . uuif n wno meet with large offerings of spots. . " ::(; A FRIGHTENED HORSE. . ' r Running Ilka mad down the' street . aumplng the oocupsnts. or a hundred other accidents, arv every day oocur rencea It behooves everybody to have a reliable Salve handy, and there's none ; as, good .as Bucklen'e Arnica Sslva purns, Cutaj Sores, Kazema and Piles e'arpear Qulcklr under Its . soothing -cU at Uurwell Dunn Cs JIIIXER A COV8 REPORT, i Condi tioa of the Cotton. Coffee, Stock and tirala Markota, M - 6y Private s VW to -F. B. $ Alexander,, ;;MaaaaaV:M LJi VtUZri ; -: - - - .'COFFEB. n . New Tork. Deo. 18. The coffee market not sit to be tke as representing proflt proposlUon that has beea - xpected tn many quarters ever sine the big break f last winter." At any rate trading Is In creasingly active and prioee In eplte of heavy liquidation by buyers of last ewn nr who la some InstaaoM have anariy 3 xenta a pound to their credit, there Is fresh demand to absorb ; offarlmts and this morning was alvady at an aavaaca of 8 to 19 points and while over a hun drd thousand bags bad been sold up to mid-day; prices at that time were about 10 to IS points net higher. The buying name from Wall street, and cotton rhange houses with Important Kurooeiui J nui wi to bo taken as rapreseniing prun nmnectlwns selling was tfavtinHng but did inking by the large Interests who have been concerned In orontotlna the recent advance. The news was not parttaularly ninuentlai and the conunueo upwara movement seemed to be based on the gen rral bun situation. Stocks at primary point are full, but are said to be very, strongly held, so that European Importers are growing; uneasy about replenishing de pleted supplies without causing a further advance. The European markets for the day showed a steadiness, but no special strength. Hamburg markets for the day showed . a steadiness, but no speclaJ strength. Hamburg was 44 to highnr and Havre advanced H to . The big warehouse deliveries reported from New York for the week undoubtedly had soma Influence In encouraging bullish predic tion!, They rmtched about IffT.Mt. asulnst K.Ub last week. For the day deliveries were 13.33. against S.S4I last year. COTTON. . New Tork, Dec. 19. -Slowly but Surely the weight of cotton Is telling On the weak holders.- Spinners seem to be practloally cut of the market and confidence In a bullish glnners' report has been, steadily on the wane. The lowest caloulaUon .is for at least 11,000.000 bales ginned to De cember 13th. and such an amount could only point to a crop of li.000,000 or over. There are. however, many who believe that the' amount ginned to December 11. will be U.SOA.000. Of course that would leave absolutely no room for doubt as to the minimum out-turn, while the maxi mum would promptly be pictured by in terested parties at extravagantly high 11s ures. LJvsrpooI at the opening was steady enough as far as prices went, but the sales of only C.000 bains of spots were a notice to the trade that spinners era Inking a holiday in advance of the holi day season. The pressure of offerings from this aide and tha absence of de mand later on caused decided weakness and closed that market about 4 points lower than Saturday. There was nothing In receipts that could be construed bear ish; in fact, if the movement alone Is considered there is nothing to Indicate a, great big yield. Exports on ths other hand continue quite heavy, but every thing else at the moment is Ignored ex cept the spot situation and that developed elements of weakness sufficient to cause a break below the low level touched Just after the bureau report. For some days it has been hinted that big stop orders existed below 7.60 for January, 7.70 for March and 7.80 for May. Results to-day showed that the rumors were correct and the liquidation of this long cotton as sisted materially In depressing prices. We learn from sn unofficial, though what we considered a reliable source, that the first Installment of tha glnners' report will be given out Thursday, December 2 and it looks as If lower prices are on the cards, both before and after Its 'ap pearance. Liverpool Is due to come t to 0 points lower to-morrow morning GRAIN. Chicago, Dec. 19. Wheat: Bullish In fluences from the Northwest gave the early strength to the Minneapolis and Chicago markets. Receipts there were light, country delivery was reported. next to nothing, and export bids for flour were said to have advanced Cd. World ship ments were as expected. Com The advancing tendency during the early session was checked by the 800. 000 bushels increase in the vlalble. De mand is fair, and the country movement west of ths Mississippi river is fair, but farmers throughout Illinois ore not sell ing freely. The Roumanian crop is offi cial? estimated at one-fourth of last sea son's. The amount on passage to Europe decreased 2,241.000 bushels. . Local receipts ore quite liberal. Oats showed considerable independent strength at times. Receipts' are light pri vate houses are being drawn upon for dally wants and present shipping orders are filled. Local receipts were 1st cars, the visible decreased 12.000 bushels. Provisions There wss some outside de mand, for provisions. Trade was light and prices a shade' higher, hog receipts were 42.000 and the market i cents higher. Es timated receipts for to-morrow are 30,000 hogs. Cash prices: No, 3 yellow corn, 43 to 3H: No. 3 white corn. 43 to 43& No. 3 corn, 41 to 43& No wheat ... STOCKS. ''..; New Tork, Dec. 1. Td4ay was duU when measured by recent average records but was characterised by an .undeniable burst of strength which developed when ever the traders, encouraged by quietness of the dealings, tried to offer the market down. Sentiment on 'Steel stocks was In fluenced by the reports of continued in creasing orders exceeding the facilities of the company and hy the expectation that the coming quarterly statement would disclose a surprisingly -heavy volume of business for future delivery.. The money market continued. easy and an excellent Investment demand was reflected In the success with which current issues of bonds were being taken. Railroad earn ings were' favorable and a good Impres sion was created by the announcement that no reduction would be made In the price of steel billets. In the last half hour the markst lapsed Into Irregularity and some stocks receded a point or .there abouts from the best figures. Including Reading, Union Pacific, and Steel, prefer red. Although the absorption of the last named stock was excellent, the closing was unusually quiet and the tone some what heavy. Government bonds were unchanged; othef bonds quiet and firm. Total sales of stocks were 618,000 shares, MILLER le CO. The Dry Goods Market. New York. Dec 19. The dry goods mar ket made little concessions to-day. Buy ers are operating In a very conservative way and are evidently- waiting for a fur ther decline, which the sold up condition, of many lines does not seem to render turobable. Fruit of the Loom bleached has been advanced to 7 VI cents, Jobber stock taking operations make them small pur chasers. BALTIMORE PRODUCE MARKETS. - Baltimore. Dec. 19. Flour dull; winter extra 34.20 to 14.60; patent J6.00. Wheat Firm; -spot quiet; Southern by sample to tLU. ' Corn-Steady; new. '60 to 80. Oata Firm: No. 1 white 36 bid. . NEW ORLEANS COTTON MARKET. New Orleans. Dec 19. Futures opened J to points up, but a selling movement set In which cs fried prices well below Saturday's closing. Trading was very light.', nnuary opened I points higher at 7.66 i , smduslly declined until It had Inst : -.taints from the opening at 7.30. The market closed dull, with net loeees of IS to W points. - . . . .,;:('-,,-'... NEW TORK PRODUCE MARKET. s New Tork, Dee, 19. Flour dull and fea tureless. . - . .-. " .. '. Wheat Firm; No. Z red nominal, .'Op tions closed Irregular at U to 1 cent net advance. May iL12K! July $1.03; December $1.18. - -:' :.- ...-'-:,:., Corn Eapyi No, t nominal. Options un changed. May 11: December fi . -- Oata Firm 7 mixed 344 to 854. ; '; - j-orx ana uuiqw oieaor, Rosin Dull. .-i i Ceffee-Spot Rio steady; futures C to 19 points diigher.: ;-'.'' - v r-7 . Sugar Raw ,flrm; refined firm. . i f ..vASlA PLEASANT. PILL, rf , No Pill la as nlMnanf nA nnslMvit.a D Wilt's; Little Early RJeers. -v r wim uun jany. tuners are so mild and effective that children. ' delicate ladies and weak people enjoy their cleansing effect, whii strong people any they ate the best liver pills sold, by n. if. Jordan & Co. .. t LITTLE MOVEMENT IN STOCKS. ii . t i After a fair Geueral IUe In RewpoiM. to frwvorahle News,? Prtoc Slipped ; Back to About Where They Left Off; 't Saturday. .- - New Tork, Doc. !. The stock market wss quiet,- but steady U-day. The ad vance which was Interrupted by the in timidating effect of the break In Amal gamated Copper, was not resumed with nny fore or confidence afterwards, al though , the Copper stock itMttf steadied and became quiet without further disturb ing nHtnifestaUons. The rise was led most copiously by the United Stales Steel stocks, and many reports acre placed In circulation of the prosperous condition of the affairs of the corporatln, "The Penn sylvania group of railroad stocks made its almost invariable response -to nws of steel trad conditions and to reports of traffic officials to the effect that the con geatlon of ail commodities connected with the steel trade was so great as to throat en car shortages on the Eastern railroad lines affected. Reports of railroad truffle from other sections were almost equally favorabhvand the dny'a,tciums of gross earnings of railroads for the second week of December showed good uniform ln creasea throughout the oountry. Prlcee Slipped back during the day to about where they left off Saturday, and the closing was heavy. The Sale of 100 xharee of Chicago, Burlington A Qulncy at the record price of ts was an Incident of the day in connection with reports of an extra, dividend distribution. Bonds were firm. Total sales, par value, 32.640,000. United States bunds were un changed 'on call. i Total sales of alocks were W,900 shares, Including: Atchison. 6,800: Baltimore A Ohio, 13,000: Chesapeake A Ohio, 3,500; Chl csgo Great kVetern. 7,000: St. Paul, 9.800; Erie, U.6; Louisville A Nashville. 7.800; Metropolitan Securities. 8S.S0O; Norfolk A Westesn, 13.S00; Pennsylvania. 11.S00; Beading, 12.230; Southern Railway. 40,000, preferred. 100; Union Pacific, 16.200: Cop per, 47.100; Sugar, .000; Leather, prefer, red, 10,700; United States 8teel, 73,400, pro rerred, 10,100. J, 8. Bache & Co's Cotton Letter. Furnished by L. A. Dodsworth St Co. New York. Dec. 19. There was ginned after December 14th lust year, a little tver a million hales of cot ton, As the present crop was earlier ton. As the present crop was earlier sooner, but making allowance for this. It would seem that of 11,400,000 bales are ginned to December 14th, It will confirm the government estimate Of the crop. If the crop is 12,163.000 bales only about 2,400.000 bales remain to be ginner after November 13th and If 1,600,000 bules are ginned between November IS und December 14 it will leave only 600,000 bales for the balance of the season against the million odd bales last year. We are of the opinion that this re port will have a bearish effect on the market and pending Its appearance think It would be wise to operate for terms ather than a long- pull. We would do so in the long side. If the glnners' report breaks prices to any material extent we shall certainly consider the market a purchase as soon as Its effect, tf any. on Interior holders is realized. J. S. BACHE & CO. By Private Wire to L A. Dodaworth A Co. New York. Dec. 19. Such news as was at hand at the hour of the 'ocal opening seemed more favorable to prices than otherwise. Liverpool was better than due, being not unchanged whereas a partial decline of 3 points was. expected and spot cotton being 4 points higher on sales of 6,000 bi f s gave an air of legitimacy to the ad vance which however was bellevej by private cables, 'reporting a poor un dertone In spite of small Southern of ferings; this fact later becoming pa tent when Liverpool eased oft in re sponse to local losses. The market here opened steady at an advsnce of 1 to 5 oplnts but did not hold the gain. Professionals seemed to be selling 'In expectation of a bearish glnners re port later In the week, which they con cluded with weakness In futures would most probably lead to the liquidation of Southern spot holders and brim about another step In the readjustment which they claim is still needed to bal ance demand and supply under pres ent conditions. There was some demand, encouraged by continued reports of steady HVt holders but in spite of thla and cov ering by smaller shorts not overconfi dent as to the glnners' report showing prices sagged off to a net decline of about 8 to 10 points. March seemea pegged around 7.71 for the time being, and after reaching this flgura two or three times reacted a couple points, and the demand for this position tend ed to steady the list. We can see -u reason for expecting any material ad vance from present figures in spite of the holding back by interior interests and consequent dwindling receipts. On the other hand and In spite of the big break on the official estimate if the glnners report confirms the official figures we might easily have another dip In prices. On the while, therefore, scalping operations on the short side would seem the best policy. J. S. BACHE A CO. NAVAL STORES. Wilmington. Dec. 19. Spirits turpentine nothing doing; receipts 28 casks. Rosin Nothing doing; receipts 67. Tar Firm. 1.60; receipts 210. Cruda turpentine Firm, 2.10 and 3.90; re ceipts 154. LIVERPOOL COTTON MARKET. Liverpool, Dec. 19, 4 p. m. Cotton: Spot In limited demnnd; prices 4 points higher; American middling fair 4.61; good middling 4.37; middling i.27; low middling 4.16; good ordinary 4.10; ordinary 3.85. The sales of the day were ti.OOO bales, of which 1,000 were for speculation and export, and Included 6,600 American. Receipts 6tf,000 bales. Including 48.100 American. Futures opened quiet and closed easy. American middling, g. o, c: December 4.11; December-January 4.11; January-February 4.14; February-March 4.18; March April 4.23; April-May 4.25; May-June 4.28; June-July 4.80; July-August 4.32 August-, Beptember 4.32. CHARLOTTE HIDE MARKET. Corrected Dally by Tarbrougb A Bellinger, Ooat skins, green salted 15 Z6 lama skins, green sauea ss es nMrv ,Mn 1 fg Tallow No. i 6H Hides-dry flint 13 S Ides-dry salt U Ides city green itt Hides green salted cured Calf skins city 80 8bev skins full wool 70 ttl.9 1 CHICAGO GRAIN MARKET. Htgn. low. close. WHEAT Dec.. HI May........ Ill July.. ,. .. .. ...... 98 CORN, May.. V. .. July. '' ;w Oe 46 "OATS- - Dec..,,..., May., ,.... 3U July., .k .. ... . ..v Sift ' PORK7 ' 110 HOS 98 46 46 29 , 81 31 110 111 98 46 45 46 29 a JLW. ....... May., '.'. 12.96 Jan.., .. 1,-... . ,...12.63 'LARD,, j . - """ Jan.. 4t 6.86 RIBS- Jan.. ISO 11.30 . 12.93 i 12.57 .2.i : A85 1 6.77 1 : .47- 12.88 12.67 7.10 : 6.76 6.47 THE MONET MARKET. V , . ' NeWiYork. Dea ; 19. Money On - call steady 3 to 1; lowest 2; closing bid and offered 2: time loans very easy; 0. and 90 days end 4 months 3 to 8t prime mercantilo paper 4 to 4 per cent.; ster, ling exchange firm with aotual business In bankers' bills at 34.87.tt to 34.87.SO fof demand and' at $4.84.80- to 34.84.90 for AO day bills; pouted rates 34.85 and 34. m; commercial bills 84.84; lar . stiver. 61; Mexican dollars 4f. ; '... ,:' -:v v CtASlN( 8Tf)qK MARKET, " Atchison .... ,iiMjjVi.'-tt Atchison pfd... A. '., .' V.. ..,,J..,1( Balttmora A Otuov,.u- ., .. .,10 laltlmore A -Ohio pfi..i. t anaoiao rrfcinc. , .,, , Central ot New Jersey t. ..,-... Cheaapeake A Ohio ..... .,... Chicago A Alton...... Chicago A Alton pM.... .... ... Chicago A Oreat woetera .. .. Chicago A Northwestern ,. Chicago, Mil. A St Paul .. .. Chinaao, Mtt;- ay" St. Paul pfd ..l ..!( .. 43 .. 7K .. 23 .-3&Vt ..!$ ..1W .. 13 .. 23 .. K .. 23 .. 61 .. 85 Chicago Terminal Transfer ,. . . Chicago Terminal A Transfer pfd.. C, C, C. A St. Louts.... .... .. Colorado Southern .. '. .. .. .. Colorado Southern 1st pfd.. ,. .. Colorado southern 2nd pfd.. Delaware A Hudson ., Delaware, lokawanna A Western Denver A Rio Qrande .. .. .. Denver A Rio Grand pfd . - Erie ,.. .,...' Erie 1st pfd..... ,., .. Brie Snd pfd .... Hocking Valley ...... .. Hocking Valey pfd....... ,. ... Illinois Central Iowa Central Iowa Central pfd,... Kansas City Southern Kansas City Southern pfd.. .. . LoulMvllle 4 Nashville '.. .. Manhattan L , Metropolitan Securities .... ... - Metropolitan St. Ry.. ..16 ..m .. 81 .. Wi4 .. 37 .. 74 .. W .. 91 .. 02 ..154H .. mi .. &o .. WM( .. R2 ..11 ..m .. 79 Minneapolis A St. Louis Minn.. 8t P. Sault Ste; M. pfdH. Hii'., MIssoutI Pad no .... ... Missouri, Kansas A Texas .. Missouri, Ksnsae A Texas pfd.. National R, ft. of Mexico pfd.. New York Central Norfolk A Western Norfolk Western pfd Ontario A Western ,. . Pennsylvania Pittsburg. C. C. A St. Louis 77 Reading 7 Reading 1st pfd 89 Reading Snd pfd Rock Island Co..... , Rock Island Co. pfd Bt. tx)uls A San Fran. 2nd pfd Ht. Ixuia gomh western ; St. Louis, Southwestern pTd., .. Southern) Pacific Southern Railway tVuthem Railway pfd Texas A Pacific .... , Toledo. St. L. A Wes: Toledo. St. L. A Wost. Union Pacific ....... . 1'nlon Pacific, pfd.... Wuhush Wabash pfd Wheeling A Lake Erlo Wisconsin Central Wisconsin Central pfd EXPRESS COMPANIES Adams , American United Hlat4 Wella-Fargo MISCELLANEOUS. Amalgamated Copper ....... .. American Car A Foundry m 824 Amerlcun Car A Foundry pra. Amerlesn tTotton Oil H American Cotton OH pfd American Tea ... .'. American Ice pfd .'W American Llnaerd OH 16 American I-lnseei" Oil pfd., ...... ... 37 A met lean Ixcomotlve .. J3 Amoriciin Locomotive tifdv. l(r.' Amerli un Smelting k Roflslhg .. .. 79 American Smelting A Heflfllng pfd,. ..113 American Sugar Refining '. ,.140 Anaconda Mining Co...,. ! Brooklyn Rapid Transit .. i Consolldubml Gas , '.wiVi Corn Products 21 Corn Products pfd , 78 Distillers' Securities 37 General Electric. .... 185 International Paper ?& International trper pfd 77 International Pump, ... !! International Pump pfd 86 National Lead 3 North Amerlrfhn luo Pacific- Mall 41 People's Qos 106 Presaed Steel Car 8 Pressed Steol Oar pfd s Pullman Palace Car 234 Republic Steel LMi Rubber Goods pfd , KS Tennesci Coal A Iron 714 Cnlted Stales Leather 1314 United States Leather pfd 101 United States Realty 80 I'filted States Rubber 12 United States Rubber pfd 9X United States Steel United States Steel pfd I .. ..9214 Westlnghouse Electric 1,1H Western Union 3' NEW YOKK ONL!l. V. 8. refunding ie. registered 104Vi L". S. refunding 2s. coupon 104 U. 8. Ss, registered 104H V. 8. 3s, coupon 1M V. 8. new 4s, registered M IT. 8. new 4s. coupon 131 L 8. old 4a. registered 105'4 U. 8. old 4s, coutKB 100 Atchison general-4s lttt'i Atchison adjustment 4s Wi Atlantic Coast Line 4s IiiO Baltimore A Ohio 4s lot- Baltimore A Ohio (Hs.. Wi'i Central of Georgia. 6a. . ..; lil Central of Georgia. 1st Inc.. .. .. .. 92H Chesapeake A Ohio 4tys 101 Chicago A Alton SHs 82 Chicago, B. A Qulncy new 4s MO'-s Chicago. M. & St. Paul gen, 4s 110 Chicago It Northwestern consul 7s . 129 Chicago, R. R. A Pacific B. 1. col. 6 4 C. C. C. A St. Louis gen. 4s ldl Chicago Terminal 4s SS Consoliduli-d Tobacco 4s 7'i Colorudo & Southern 4-i i0 Denver & Rio Grande 4s f: . Krle prior lien 4s im-i Erie General 4s i Fort Worth A Denver City Int.. ..1074 Hocking Valley 4Hs 1114 Iuisvllle A Nush. I'nifled 4s 1034 Manhattan consol gold 4s 105H Mexican Central 4s 77V4 Mexican Central 1st Inc 23 Minn. A St. Louis 4s 9?H Missouri, Kunsas A Texas 4s 10ti4 Missouri, Kansns A Texas 2ml., .. g4 National R. R. of Mexico con. 4h.... Hi New York Central gen. 3H 101 V4, New Jcmy Central gen. 6s l.KJ Northern PacilU 4s lffiL Northern Pnclflc 3a n Norfolk A Western consol 4s 101 Oregon Snort Line 4s A I'artlc 104 Fenn.-eonv. 102V4 Reading General 4s 102V4 Bt. Louis A Iron Mountain consol 5..llt4 St. I.ouls A San Francisco fg. 4s.... MMi St. Loula Southwestern lata h7 Seaboard Air Line 4s 84 Southern Paiific 4s 9S Southern Railway Bs 120 Texas A Pacific lsls 1194 Toledo. St. L. A Western 4s 83 Union Paelflo 4s 1064 Union Paciflc conv. 4s.. llo4 IT. 8. Steel 2nd 6s m Wabash ists in Wabash Deb. B H7J4 Wheeling- A Lake Krle 4s 9.1 Wisconsin Central 4s ;"4 PORT MOVEMKNT. Middling. Galveston, quiet ... ..711-1S Savannah, steady 7 Charleston, quiet 74 Baltimore, nominal t New York, nominal 7.99 Boston, quiet ...8 0S Philadelphia, quiet s.15 . 3i i ..:;"..:".:::4 Md1 18 44H -W I , 11 I as7 I INTERIOR RECEIPTS. 1904, 1903. Memphis 11,424 7,327 Augusta.. ..t 1,076 LtiOO St. Louis.. .. i.3,172 2,684 Cincinnati ; . ... 710 663 Houston 7.167 10,781 y ESTIMATES. " 1904. 1IJ New Orleans .17.00018,600 27.402 Houston ...13.50frai5.OOO 18.OT Galveston 13.50014,600 23,47 COMPARATIVE PORT RECEIPTS. ; 1 1904. 190?1 " Galveston.. .. .'. ..13.824 17.877 New Orleans.. ., , ..16,746 16,715 Mobile..,.. .. .. .... .. , 380 Savannah ..n. .. ,. .. .; ....11.743 7,63 Charleston.. .. .. .. . ....... 3.025 Wilmington., ,. .,.v. . 2,7M Norfolk.. .. .. , v ... 1,030 Philadelphia.. .., j ,. ... ...... f . . t Brunswick. v....... . . .. ..t ; (.816 OUA'ii ,.63.000 ::,3S , . CHARLOTTE COTTON MARKET., m Thcs'j figures j-epreaent irices - paid wagons:" vv?.vH.:-?4:.eci.' tt.-:i Good middling iv Aii 74 Strict mflldUng .!..,.-" .ti ....;.7M Middling , ..........'.. ,7' Tinges -,i-..-;.i,SAiT.oiu.s4 to Vi, Stains-.u,kA'-i.ji,.,-i-.i!:.,. to ti J4 COTTO N M I LL M ACH I N E P. V Stuart W. Cramer, MAIM OSSIOSI SOUTH THTON T.. OMABtLOTTS. N, O, in Revolving Flat Card, Railway Heads, Drawing Frames, Spinning Frames, Twisters and Spooler! Qui tiers and Reels, Loom, COMBERS ETC., ETC. G. C, IVtimu 1 nil sa . - .. 1 I I 1 I 1 : 111,1 ," 1 . , ; & CA8TNER. JR. . 7H .187 Vt,r . V J . :::! mm 4oCah- w.-- ui ureal niiiAin, vjciuiAiiy, ausui aiiu irs umiw iimw IT It THK STANDARD FUEL OF THC UNITED STATES NAVY The United States Geological Survey Pronoun It THE STANDARD STEAM CC'L. Owing to the fact that we repress il tbltty-slx ( colieHe- wiiose out put during 1101 amounted to fow mil-, Hon 4. 000. 000) tons, exclusive of coal converted Into coke, ttnd will probably exceed four and one-half millioa. (4,500,000) tons during 1004, we ate prepmed to estimate on umt till promptly any tonnage that may ba desired. CASTNER, CUERAN & BULLITT, Solo . Agents , . -C. 0. B. POCAHONTAS SMOKESSCOAL. Arcade Building. 1 South 16th Street, Philadelphia. Pa.: 1 Broadway, New York: lit fitata Street, Boston, Mass.: t'ltlsens' Bank Bldg.. Norfolk, Va.; Terry Bldg., Itoanoke, Va.; Old Colon y Illdg., Chicago, I1L; Neave Building, Cincinnati, Ohio; 4 Menchurch Ave., London, Kngland, r t i- Orders for rail shipments to the Oarollnas should be forwarded to our Roanoke Office. , ' , ; CONDENSED STATEMENT OF The First National Bank RICHMOND. VIRGINIA. . November 10, 1804, RESOURCES. Loans and discounts Overdrafts U. 8. Bonds at par (Market Value 1642.500.00) Premium on V. S, bonds Other stocks and bonds Banking bouse Furniture and flxturss Other Richmond real estate. Virginia bonds Cash due from banks .14, 00, 444 M 420 U ,. (12,(00 00 40 ,. n.o4 is . ,000 00 0 00 , IS.OW) 00 ,. yio.ooooo 16,825,606 II LIABILITIES. Capital t 600.000 00 ! Surplus fund .v 400,000 oo ; Undivided profits U2.6B6 M Unearned discounts 40,000 00 Accrued interest and taxes 20.886 11 Circulation 17,800 00 Deposits 4,401,721 41 , Bond account 442,600 00 , 6,2S,606 21 We solicit the accounts of banks, cor porations, firms snd individuals, and will be pleased to meet or correspond with those who contemplate making changes or , opening new accounts. I JOHN M. MILLER. Jr.. Cashier. Our Coal DOESN'T COKE. But It docs "GET TOOETIIER" and BURNS LONG AND HOT. There's no clinkers, slag or slate to cause dirt or dissatisfaction, but It burns to a CLEAN, PRETTY ASH. You know J us well enough to know that WE WON'T, SELL ANYTHING BUT, GOOD COAL, and that's the kind we will send YOU, whether your order i bo fur a bushel or a Car Load; we're prepured to handle either. Yarbrough & Bellinger WHOLESALE, ANTHRACITE. RETAIL BITUMINOUS, COKE ANI COAL. NO. 00 WEST THIRD STREET. THE WHOLE BLOCK. CATLIM ti CO. Commission Merchants. 315 and 847 Broad m ay. MOW YORK, HOSTOX. PHILAUKLI'IIIA, COTTON YARNS. ALL NUMBERS, SKEINS, WARPS, COPS AND CONES. COTTON GOODS. HIGH-GRADE SPINDLE LOOM, EN GINE AND VALVE 8COTJREK, BEL OIL OREA8ES, LUBRICATING ORKASES, READY MIXED PAINTS, COLD WATER PAINTS. Agents WATTLKS' DRE8SINE COMPOUND. The George B. Hiss Oil and Supply Company;' CHARLOTTE, N. C. i VV.B.Sinitha.Cd.i BROKERS ." aUtabUaaeA Xarn. . -I Ksw York Consoltdated Msmbsbs V Btock Kxehsnge. , I ChlcMo Board of Trade., STOCKS,'' GRAIN. F&OVXS-'Z IONS, COTTON. ; v - '."S,faA DtrtM ' '! - - Wa have everr facility for U '9 prompt execution ot orders. . -; cevraspondonea Bououeo. , ' m Market CStter on Appltoatloa.; r amplra Bulldtnv Ti Broad- o S-w'-jfi f.-. wajv .Now Torav w ;r-a--: V.V-'ji.-.-r..-""V.-.- ,. -ft- 'j-.-.-. w n' " t ENGINEER AND CONTRACTOR. 1 , : -' V -jevcev V r i's ---11 ',.- ' -, W Itawti 5lubbers, Roving Frame Intermediates, Jack FramtA II. B. CURRAN. Castner, Curran & Bullitt, Solo Aaonto for tho Oolobrotod B. Pocahontas THE BEST STIAM AND DOM The only Coal that has been officially r V i r . r J. Spender COMMISSION OFFICES: New York, Philadelphia, Chicago, 8t. Louts, London. England. YARNS AND COTTON PIECE G00D3. Crbmptc)h-Thayer Loom Cc. WORCIIKHTKR. Mass, ! ' y " MANUFACTURERS OF ' FANCY COTTON AND GINGHAM L00XI3, t ALSO MAKERS OF BOBBIES, EITHER SINGLE OR DOUBLE INDEX TO BE APPUED TO OTHER LOOMS. ,,...'- SOUTHERN REPRESENTATIVES, - '. ALEXANDER & PARSED, Charlotte, IT, C. CILTmorQAN, M.E. A C. R, Late rata CommUntonst Mine an U, S. Court Inspector ot Mines (or State of Colorado, C. C. BED DOES, C. &, Civil and Hydraulio Engineer. ERNEST GAYFORD, M. E Metallurgical Chemist. FRANK P. CALLOW, C. E. s M. Kt Construotlnc Engineer. ' MORGAN, BCDD0ES Sb CO., Successors to Oayford 4 Callow. t MININO AND CIVIL ENGINEERS, Cbarlotta, N. d Mining, Engineering, Assaying and Analyses. All Mining and Mine Mill Machinery designed and constructed, Offices: 24-26 West Fifth Street. - MILLER & COMPANY, EXCHANGE BROKERS No. 100 Broadway, - .NEW YORK Members New Tork stock Exchange, New Tork Cotton Exchange, New Tork Produce Exchange, New Tork Coffee Exchange, New Orleans Cotton Ex change. New Orleans Board Of Trade, Chicago Board of Trad a Transacts a general brokerage and commission business. Executes orders for the purchase or sale of stocks, cot ton, coffee, grain and provisions for cash, or will carry the same on mar gins, DIRECT PRIVATE WIRES TO ALL EXCHANGES. Prompt atten tion to all orders. Branch office, No, I North College Street, Charlotte, N. C. I'. B. ALEXANDER, Manager. A D. Safkeld & Bro. COMMISSION MERCHANTS 06-72 Leonard St...... NEW YORK. COTTON YARNS. WITH Pred'k Vietqr & Achelis. RICHARD A BLYTHE Commission Merchants, Cotton Warps and Yams.i No. 114 Chestnut Street, Philadelphia, Fa. C. P. Ellis. J. V. Henlcan. C. P. Ellis.Jr C. P. Ellis & Co Established 1830. COM Hill IMMIS Members of the New York Cotton Ex change, New Orleans Ootton, Ex change, Liverpool Cotton Brokers' Association, New, Orleans Board Of ' Trade.' . ' 'i . i '.'"S.vS - Cotton Exchange 'Buildtog ' Bi&XV UtUUULS BS y.l Special aUention given to executing of orders in contracts for future deliv ery of cotton in all tJio'tnstfkotav-' . j CORRESPONDENCE SOLICITED-' Bankers.IS-' COTTON YARNS, MISCELLANEOUS SOUTHERN "SECURITIES, COT- 1 .- ii'i TON MILL STOCKS. , ! ' WILMINGI'OV, N. C. WASIUXOTON. IV C, 403 t . Knit.-"-;:. r... ;:'w-SHAnei4 offtcec , CQUITASLt BUILOIN3, i v' 1 ' ' ' - AT1.ANTA. : '. f Automatic t etzzTS, " ' Anenrri snd Trr.!c .' breaker. Intermediate a.-1 s . Finisher Larpers, : tvirsvunvr vaiuiia siM4t ' Thread Extractors, , ; Waste Pickers, etc Raw Stock Dryers. ETC., ETC. ' '( ' r W. C. BLTUUT.". Goal UTI C COAL MINED. . 1 indorsed by the Govern;st.:is n.ii,4 C4 Turner Co. MERCHANTS. , . ' Civil Engineering, Water Fowrs examined and reported on. Sewerage and Sewage disposal plants designed and constructed. ' r ' euotwt, - - L. A. Dodsworth ' 1 Dqlph M- Young L. A. DODSWORTH & CO.; Bankers and . ' I Brokers . , ; Members Now Tork Cotton Bxchaare and New Orleans Cotton Bxebanr. Private direct wires to New Tore, New Orleans and , Chicago. Corres pondents: J. a Baona 4k Co Kew Tork; Hayward Vlcg Co Maw Or leans; and Bartlette, Fraxler asl Carrlnfton. Chicago. . Out ot town orders promptiy xt outed. v 'Phono No. Ill Cluurletta, V. C William B. filiorl:?, Amsterdam, N. Y, -Cotton Yarns for the Ker York State Knittinsr Trade. MILL ACCOUNTS AND COR-r " RESPONDENCE SOLICITED. WM.D'0LIER & C0 f ommlwJon Merchants. j COTTON YARNS, v Third and Chestnut Sts., . , - , , Mariner and Merchant Building, IHILADELPHXA, PA. . . , s t JAMES E. MITCHE1A COMMISSION MERCHANTS , Cotton Yarns. , CONSIGNMENTS SOLICITED. Philadelphia, 123 and 184 Chestnut ft, Boston, . ,..i, ...126 Summer tc. CHICHESTER'S PILLS aTT ') it4arl1 Bfi4t Anlv nti4a. . A Hiastdftrel Reje4. t'4 (or 1 t,vvi' irsiinnniii lmm 1 - ,n .i raw luitiirvitn r tii ' i BED sMAttaM bKea. g wv Mw ilbrkofv T ( fjfkem Ilalltut44m4aami I satlti lonev A- Dr(isA,4U eH4 4 ssnlA iu staA,) retf, TMnsMai an) 4 Nr iUdl4MK reisra f PffWAfigu 4 btrrHe4 4 ssirs.i M. R. JOICKSON. " ' 3. il nr Wv DICKSON & I1ULL, "h COMMISSION MERCHANTS, ?; vcottongood:. NEW TORK, . - 105 IV" CAN OFFER ' MILL'S ALT, M V- MODATIOXS AFFO i- , r ' ANY FIUST-CLA ! t 5IEUC1AL 1. HUBSAKD I Cnfr, H 1 f '
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 20, 1904, edition 1
7
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