Newspapers / The Charlotte Observer (Charlotte, … / May 12, 1906, edition 1 / Page 7
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CECAIILOTTE DAILY OESLUVER, MAY 121006. V If r 1. COMHEIlCE ' AKir FINANCE mrui Mrr change in cotton ,. Off. rings Soon Overbore Early. Wight AdvaiMKs Hear Ilolng ICimxhi raited ' br Krporl Declaring trout Im ; ' bllKta-(iain of 1 rulut In May - . and Lomws Ranging- Down to for . , Remainder. . . ,.x.-,fv. ; , New. Tork, May ll.'-The cotton" market . , i as less active to-day and ruled irregular " within a, narrow rang. Th elose was Unsteady at an advance ot I point to do M olina of S polnta. Sales for tbt day wars ' ,- estimated at 9nA ant hulo " '. : Tha opening was oady at pdPhan,.'d ; ; prices to a decline of . - to somewhat , disappointing cables, 7 but V; there' we renewal or the covering and .--. kuli support noted yesterday luid rlsbl k'ailar tha opening price workad up to KYliet advanc of Sto polnta lad 'by tha tna advance and seemed to be for both long and ahort account, owing to tha dls- 1 poauion to expect Vano of about iltlon to expect a reaction aftertax ad. to ct about U. a cent a pound In frle and the Improved weather over ha South. Temperature . ware higher1 ana later reporta from tha diairtcta where froet waa noted yeaterday Indicated that tha damage had been comparatively alight. Thia encouraged local beara to aell quite aggreaH)vely early and prioca '. aaaed olt to a net loea of about I to I polnta. with the new oroo relatively eay and for . aale by honaea ' with ' Southern connection. Bull Isadora aeemed to be " supporting the market In the late trad- lowest. May belnc the . only month . enow i any net aavanoe. , cx-oruin-r 10 . official renorts. Southern spot marketa . i- - T . . ; were generally unchanged to 1-lSc. hi ah- : sr. Tbe tJngUsh upot market waa 4 points ' tilhe. Alt hnnvh futtirea ther rlnaarf unchanged to polnu lower and spot aale were 1000 bale. ,. Receipt at tbe pnrta to-day. were It.. ilnt New Orleans, l.io. balea, against 1.464 last year, and at Hou-ton. )iu bales, against last year, , nESTEH'ti .COTTOJr fiTATSlEJfT S)crMB Sltown for 11 Daya of May of , 108.000 Vndrr lmt year Sup ply Date, l,ia,41. .c , New Orleans.- May ll.-Setretary He ; ter "weekly eetton statement Issued to day shows for the' 11 days of May a de ', creaaa under last year of 108,000. . For, the 2S daya of the season that have elapsed, the aaarerate I behind tha i game daya of laat year 1.73I.0M. . ; The" amount brought Into sight during the past week, has been 97,068 bales, against lTJ.SM for the same seven daya Inst year, - - . v . relptl U ill UnUed StTteS oort. to b me movement since sept, i snows re- T.iMjns, against a.i.rB last year. The total movement alnce Sept. 1 I Id. tai CttKH. against lUBt-Ot laat year. . . Foreign exports forth week have been N.U1. against 171,nj last year, making the total thus far for the season I.TS.ftil, gainst 7.231.4 last year. . : Including stocks left over at ports and Interior towns from the laat crop and the number of bales brought Into sight thus far - from the new crop, the euonlv to eat te against 11 ; furl Q22 for lh. sw,ob ior tn am penoa jat year. 'Visible Sanely of Cotton. NW Orleans, May U.-43ecretarr Hee- ter's statement of the world's vlslbl supply of cotton Issued toay shows the , total visible to be- 4.07.774. agalnat 4.141.- 79 last week and 4.0(4.443 last year. Of . thig tbe total ef American cotton Is 1U7.. 774, against 1,4&4.T2 laat week and 1.74.. 441 last year, and of all ether kinds In - eluding Egypt. Brasll, India, etc., 1.550.. 030.' against U87,00 last -week, and 1,100,. .' OM Uft year. . ' 1' ' '. . Of the- visible supply-'of cotton there I row afloat and held in Great Britain and ; Continental Europe tOlO.000. a rains t 1.. . fnt.ooo last year; In Egypt llil.oon, against ISJ.ono last year; In India 1,070.000, amlnst 177.400 laat year, and In the United State S90,000 against 1. 031.000 laat year. - -. ,, 1 ?New Orieana Cotton. ', Ww Orleans, My ItSpot cotton steady; eSertnB llinlteA - Sales 7 bales. incmoing to arrive, yuotatlons un chaiured:' mlddkps- 11 T-l. ' a, ., . FaTuree Influenced by betted 'TJverpool than expected, opened I to 4 points uo and In the early trading gained a few points additional. but In the absence of support from any 'quarter, prices grad ually receded and moat of the rain waa lost Trading waa very light. The mar ket closed quiet with net advance of t points on June and .1 on July, while the new, crop month were unchanged. . ' . '' ' New Orleans Future. New, Orleans. May 11. Cotton . future closed i w.. iii r. ;r.T Jf: 'JS- 10 H?- 10 ; Nov m' "-t' IV.UPg aWVe V.WOf l V. I V, f Now Tnrk OittoB. " Nework, May U. Cotton, spot closed quiet: 'middling upland U.N; middling gulf lt; salee 4,056 bale. raure steady, prices ranred as fol- ;mw0: ; Open High Txw Close May i 1I.M 11.41 11. M n.40 , June , ii.i n. so 11.20 ' ji.jt July ...... ...11.30 11.30 11.17 11.11 Aug. , 1104 IMS 1i.no if. oi Sept. M 10.7 10. 10.70 . 18.74 Oct. .f 10. 74 V . 10.77 , 1071 Nor. . .. .. 40.71 V , 10.71 M.71 M.70 Ieo. 10.74 s M.77 aVS 10.70 . jxn. io.n io.w- 10.71 - Feb.- ' m.70 .March .. .. ... - MM 10. M law . ' N UTcrpnol t?ottoa. , Liverpool. May ll.-Cotton, spot In fair : demand, price 1 . to 4 polnta higher; ' American mlddllne fair 143: srond mM. - dllrtg.ojs; middling 118; low middling f. A3 good- ordlnery s.84; ordinsry i.44. The JrL "r. wr i0'm b,', of win. n J. T1" r "Tcuiaiion.ana port and . included 0.300 Amerlran. Re-1 retnt l.OuO bale. Including MO Amerlran SS4- baiea, against ll last week and S2.- Oalveatoa 1421151 ew last Tear. -For the weck (estimated , N" Orleans ................. ,...1.114,4' i TR.OO bale,-agslnst R4.7M last week anl Mobile .v '.... 220.7W 14J.4M last year. To-dav'a recelnts at 8avannah ...... ........'... .1.567.121 Future opened easier and closed quictJextra 14 to t0V , American middling g. o. c. Ma tay (M: ... May-June june-Juiy 1 99: J Iuty.Aug. v : Sdi ; Aug. -Sept. e.sO; Bnt.-Oct. 5 S5: Oct ,, Nor.' a.7H; Nov'.-t'eo: 8.70; Deo.-Jan. 1,76: . JanFab. 17S FM..Mgren 1.77. , '.';.,', . 8ca IetMnd "0t (rm. ' ' '' '. " . Bovasnah, On., May 11. Sea . Island , otiotatlona unchanged except : for fane v ;. ; Floridas to .v i;. vnsnous vouon Aiarkfit. v' Theee - price represent the pflce paid to wagons: y OoooLnlddUnr tit 4 .'.' C ; . , ill K r. Strict middling. , , ..,,..,,' ;-a ( nvr Middling, ... . ; i ' IlH uooa aiiuaiing,. tingea .', ....n 11 ; 8tlng ....... ........114 to 10H i vv 4otnpnUlv lort Rorclpta. .. 'v,: . ,-,-vTeste.-..- Last , Oalreaton .4 .,- ..1,111m, toil Nw Orlegno , . l.HO.'., . ,4S Mobil 'i. .(.. . 6f. KB i" Savannah ,- i Charleston i.tn ,,., .,: 18 ; Wilmington 1.V5I Norfolk :i .. 1,111 "Vr .2o 1,144 .'-:. 119 Baltimore ji f-w Tork : : t i ..... . . '70 , . t m ."- Philadelphia e-.Vi ."' .-.--e' 17 Brunawick ' ... t;ik-. 8.101 Newport Newi ,r-i i j-;.' 1,502 port Arthttf . . 5,100 Total , ,.' .' - ., 11,86 IU7I May i ll Last Tchr s.sst 4,73 ,! Nte Orleans . ' J. 700-1.(100 : Houston .. . 200-1, 700 Oalveston . , . .1.500-2,000 : Interior Rocelpu. '"- v- '- Tester. , ;,V day.. , Last , Tear 1,812 : sto l.sca Memphla . . . Aurusta St. Louis .. y Cincinnati .. , Houston. . . . Lltue Rock 'yf k . I7i " '' ' ) ' j ' '; it , ' J"' . J' , tit . .1,111 ' - V ' Otton ..need ' Oil.'. , - New Tork, May Jl.-Cotton seed oil wa giilet and easier Under bear preaeure. Prime crude f. o. b. mills lie. nominal; prime summer .yellow. . 3h to ..Vii do white 41c; do winter yellow 41, "PORT UOVtilt-NT.' Galventon.' firm...... ..... ... i... New Uiimn, eiUy .. .... Mobile, quirt .. .. .. . ...... Bavannah, atnkdy' it 1 It 1 11 OhMrln(on. tdy , Wilmington. atUy Wh HI mo re, nominal., .,v H4 New York, auiet... .. .ll.fc Honton, quiet ..... ..,.,( t..v..llM Philadelphia, eteady .. . .. . J2.M uea-ax .. i. j y .. .. HH r v V .m :' HH y rft ... ,4.p 11 y .. !,''.:, :. Huuatuii. steady Auiuila, steady, Memphis, steady ., ;.,,., St. l,ouis, steady .......... Loulivllla. nrm.. ........... ji. WFC.I1Y BfOa PTOWjqWNa Athena .v-... a. t43t a1 ' Aunnuti araaay ,.nf.ua-ia.ei aus Hrenliam;.. ..i ! '- 7 .- U Cbarlotta-ataady, UK , ' 7t i-MH ColumMa .4 -'."..( !.'i2 h Columbua.., Oa.; . atdy:il .;.2si.,ao '.wo r.uiauut ..... Oreenvtlle 11 -. .. ", ' -t 1 Helena i. ;.' .. 140 BIO UtUettock quiet.. m SW4 Maoon .... ..'- '" V. ' eST Meridian .. ., .. ..... ; 12St ac Montgomery, steady. 11'' 67 4M Naahvllle, Arm U . ,. , H 71 Natchea ... 141 24 Newberry .', . -' v- 7S .' 47S Raleigh, steady u 11 l-U 1M -1M Rome .. .. ... ......... . 417 T8S Selraa .. .-.,;. . '... S 1M . to ?.hrvP"'t, steady ,,,J1 , W tt 841 Wl 22 , 4M M 21 Vli.lr.hilp . i Ar, ,! . ' t I -'ly .. ,ir ,,rr" f "J COTTON pBCBIPTa I ' -:' ' 1 ' i N1- York, Mar 11. -The following are I the total net reoelpts. of cotton at all I ports ainoe IXDU il m 1 W I ynariesion ... ... .. .... M6.714 Wilmington wumingion ...... ...... ... aui.mi Norfolk '.'..v ...,' 't. ..t..4 ' 684.2U1 Baltimore- ...... W.OIT OI.IBT New York ..... , 4.7J4 Boston - &8.6M Newport News..-.. 14.66S Philadelphia... 7.832 SS.601 1822 1.735 IJ7.K0 San Franclaco .. , 14ruiiswiclc ... .. -min. ..... ... Port' Townsend . ... . ,i - Pansacola .-. .. ' ,v , ' Portland. Or Port Arthur ft Sabine Pass .. .. 4,471 11. M Jacksonville.. .. .. 18.171 114 Far! Pa a, Texas I-! Peso, Texas. ... .. ' Laredo, Texas-,,--..... . 160 -$. Minor Porta ..... . . . . xotai ...7,M4,3 I COMPARATIVE COTTON STATEMENT New Tor k. May 1L For the week end ing radar, stay 11. Net receipts at all U. B. porta , during week ..... WX.K4 Net reoelpts at all U. 8. oorU earn week laat year .. ..... 141.174 Total receipt ainoe Sept. 1st 7.264, M Total receipt to aam date last year-;.... ; .1.M3.7M Exports for the week 61.664 i1" lur umjnrt weea urn year., tnn.tn TolaI port, rince Sept. 1st .1,462, UO xotai export aame aate last year ,7,132,251 flock at all V. S. port 634.111 Block at ail U. S. porta same time laat year .... Stock at all Interior towns Stock at all interior towna aame time, laat year Stock at Liverpool Stock at Liverpool aame time last year Stock of American afloat for Great Britain .... .. .. .. .. ., . Stock' of American afloal for Oreat Britain aam time last year.1.... OR.ttt 40,744 M, 864 KM. 000 204.000 New Tork, May -1L The following ata tlstlcs on the movement of ootton for the weea ending Friday, May 11. ware complied ty the New Tork'Kchang WEEKLY MOVEMENT. -. Thl Port Receipts Overland to mill . , and I Boutbern ' 'mill taking I (estimated) Loss of stock at Interior town.. .... Brought Into . sight for the week.. M.7i ' - TOTAL CROP MOV KM "INT. l0.t rort receipt .. ...... 7.K1.M tjrrtjta uveriana to mill ana Canada 7.m H4.0I Southern mill takings -'"-"'"r'' : 1.78,)M M7JBJ i diock at inienor towns ta ceaa of Sept. 1st 17143 Brought tnt olght- " tbna tar tor sea so a.. 10.fn.MO 11.033.781 . Now Terk Prodae. New Tork, May 11 Flour firm and higher. Ry flour steady. .Conunaal firm. Rye easy. Barley steady. Wheat firm; No. t red 91 nominal elevator. ,. Options 1 to Hio. net hlaher. May 0 July K; Sept IU4. Corn firm; No. 1 I6tt elevator. Option Ho. net higher. May My; July U; Sept. uau nrm: mixed n. eady. Cut meats eteadv. Lard ateady. . Renned Arm. Pork steady. Tai low steaoy. Koein nrm, M 05 to 1115. Turpentine Arm 7 to 07H. Rloe firm Molasses steady. Coffee, spot Rio steady Miia euieti Cordova f4 to u. Futu quiet at an advance of I polnta. nugar, raw nrm, unchanged. Renned quiet. I Potatoes , Eastern V to H. per bX- Csbbege firm, .S0 to W.00 per bar ex-irei. , rreignis ana peanut steady, un ehanged. I Rullor mlmnr Creamery, ooromon to Cheese steady. ' unohansed. Eggs Arm, unchanged. .. . .. - Baltimore Prodocn. . Bniumore, wd., May ll.-Flour firm. unchanged. Wheat nfmeV,' apot contract K74 to 87H. Southern by samp! 70 to ijorn strong; spot IA. Boufhern whits corn U to Vf. V Oats firm: Nor S rolled I7M to I7H.' "t Rye Ann;, no. I 'Western 47H- Butter steady, ' unchanged. , Eggs Arm unohanired lo. - Cheese active, unnhan. gea. kugar stegdy, unchana-ed, Conre granuiatea fi.sv,., g in granulated 44.W.. ' Chicago; May 11. Reports of damage to the full sown crop by dry weather .... ed strength to-day In the local wheat market At the cloge price were at th maneai poini oi tne aay, ine July option, being up 1 to 1H. A feature of trading. In- corn was 2V, advance in th prlee 7 tn May - option, , du to covering by short. That delivery closed at a net gain offlH. . July corn waa up y Oats r.'.T '-r.P." v 7. - rrwimon war i to TH higher, w ; . CtfARrXJTTB PRODUCB MARKET (Corrected dally by J. W. Zimmerman -.' Company.) . . . . . Chlckena-Spring,. ,., .,!. v. 1J 4t!l- tiene rw neaa,. , .. 4)10 Ducks , ......,...' w-i.r'. .-" 20 Fggs; i...M, ....... .... it S ttye ' .,,. ki. ......... m ' t Corn- ., '.. .. ....... 7' 4WT " Cotion Seed.. V. .. .. ..' MVi OaCb-Feed.. ,, ... ,. ... ... SO TM Oftt Seed i. ,r .. .. m .. .. M ffiS .Oiicago Grain and Provlalim. r W": -,''V,'. 'i'-f-Vw ' 'May. 11 ' WHEATS-' -..v.t..! , . May , . . 4 1 1. IS Mi ? IS 4i , m Juiv ;.iih 'it , Ist Tear. . Tear. 71.60s . -ltiWl 17J1I . ' 19.2M 14.000 M.404 n.0KO? :Sa,2s7 ". corn. . . May ,o;-v4h 4 July, ;..f4Vi 4IH ;, 4H '. ' - i H 41 ft OATS-, :. May ,., . . ..12 14 . , ISTfc ,'H, "! July i.i. ......1144 14t 'IIH Bpt. tt;,ui$$: tt May -M , . f ; y. W 1 .J July v.iVJiill.lS. I lft.21 slept f-:--.,i.: ,l.17 i lt.lt) 'i li.lt ' LARD - ,..' , ' r . ... - . , May ., ..4. . g 40 Jul ......... "I .S2 ' 1.47 . . BO Hept ,,, .. .- .t.tO'" Oct .,,, .. .. ALE-XAHDER 6 CAUSED Complete - Equipment for Cotton and CHARLOTTE, iani 6. Charles Will t rmr 'Omeea Chkrlotto jr. O. . lWston Um. pnd;A9uitr4ajn N. Y. 44S ; rfRTUER G.U3f8 IN STOCKS, Striking Advance lny Many Instance , 4MaMt uontuiuai i"roiu-1 axing Market. Believed to , be la IIanU t ot llablsual Traders, Public tOtow .Ins Little, Inusreac .;; New York. May' U. The stack" market made a further demonstration of its re cuperative vitality to-day in the etrlkuig advance effected In . price of a large number of Important storks. Tbe current belief In the financial district continues to .be that the operations which cause tnese advances are lars-e v In the hands of profeealoaalav-er habitual apeoulatore (ormed Into market i. combinations- gnd made up of men of great wealth. Com mission nouses report that there la small evidence or any widespread general in terest In the market..' Prices were, push ed upwards without meetlnr eelllnr nr. der sufficient in volume to overcome the upward tendency. The action of the mar ket, however. Indicates a - dia-eetlon of profits from time to time In the course of the advance. if - n. The broad, underlying basis - tor tha movement 1' the effective .decline In In terest rates. This waa further evident to-day In the rates both for call and time loan. , . A net gain In cash by the bank a of Be rnards of I6.ub0.000 seems Indicated la to. mnmia' Vt. r, L. . t . .n. m . .Spm effect wa cauaed by the arrival at the final stares of the railroad rat leglslatlun, aa the definite clearlni' uo of that matter Is expected to relieve the stock market of some eeuae of depres. lion. Reports of crop damage by the cold) weather ward Ignored In the stock market. An advance -in the price of cop per was an incident of the dry and many rumor were revived of Inten led dividend Increases and oroiects for consolidation and financial re-adjuatment 4 The occas ional trrearulaiity caused by tl.e continual pront-tasing was in evidence aqraln when the market closed, but the strong un dertone waa not materially al ered and In fact aeemed to rather force through out the day. - - Bonde were Irreaiilar. Total atlca. oar value. 12.700,000. Vnlted Statea ole 4 de clined H per cent, on call. ! , Total salee stocks were 1.221.400 share. (rrludina: Conner 128.700: Smeltinr 3S... 400; Tobacco 700; Anaconda 90,800; At C. 1.600; B. R. T. 54.100: C. O. 11JW0: JO. i Paul n.900: Penn 13.800; N. eV W. 4.4x0; 1 Reading 101.SO0; Southern 15.100: ofd. Tenn. Coal KOT: Northern Pacific 1S,00.1 Bteel n.100- nfd. 11.S0O: Va.-Caro. Chemi cal 4.S00; do- pfd. 400; Sloan-Sheffield Steel KJO. -Reaboartl Air iAne Stock. Baltimore. May 11. S. A. U. common SO slaked; do pfd. nothing doing. I . CLOSING STOCK U8T. Adam -Expreae, . div , !40 Amalgamate copper l7i American Car A Foundry American Car A Foundry pfd.. . American' Cotton -OH ' ' . .. American Cotton Oil pfd 102 83 mencan tax press .- American' Hide Ac Leather pfd .. American l Ic see 3U mencan Ic nra .. .. American Linseed Oil.... .. .. . ... " 10 American Llneeed OH pfd SO American Locomotive 4fi American Liooomouve pro .. .. liivt American Smelting Refng........ American Bmeltlna Refng. pfd.. 11M American-. 8uar' Refining.. .. .. . .. i:U American lnpaooo pta. etc.. .. ,. .. iob Anaconaa Mining uo , Atchison .. ... .. ' 89H Atcnison PM... .,. ... .... Atlantic Coast Lin .. .140 Baltimore aV. Ohio . rr".T V." .. 10H Baltimore -at Ohio pfd;. .. ..-93 Hrooklvn Raold Transit. i ' (OU Canadian Pacinc'.. .'lIH Central of New Jersey Chesapeake A Ohio.. ... Chicago Ac Alton Chicago A Alton pfd Chlcaao Oreat Western t It 79 20U Chicago A' Northwestern Chicego, Terminal & Trans.. ., ., Chicago Terminal Trans, pfd.... C, C, C A St. Louis Colorado Fuel aV Irun .. Colorado At Houthef a -. - ex M -70 47 1M riu in . 47:"H ? M 4VI i4 12N 172U 20'4 as-'ia Colorado ec Soutnem Tsr pfd Colorado A- Southern 2nd pfd Consolidated Oat.. ...... .. Corn Product Refining Corn Products Refining pfd.. .. .. Delaware Hudson .. .. Delaware, I.ackawanna A West., .. Denver A Rio Grande .. .. Denver 4k Rio Grande pfd..' ., .. . Distillers' Securities ,, ., .. .. .. ., Erie ..... Krle 1st pfd .. .. Rrie 2nd pfd.. 1 ... . Oeneral Electric. Hocking Valley Illinois Central International Paper. International Paper pfd International Pump .. Interhatlonal Pump pfd. en SA lowa central .. .. ., .. .... .. .. Iowa Central Pfd.. Kenans CHy-Southern Kanaas City Southern pfd .. ,. MTtj 144 Ijiuisvuie ft Kasnvuie Manhattan L.. Metropolitan Heourltie.. ,, .. ,, Metropolitan St. Rwy.. .. .. ., .. '.. Mexican Central l&l lis 21 eapoll Ac St ilXMile-.t.i,., .1, Minn., fit.. P. A Sault Ste. ,M.. .. ... Minn.. St. P. ft Sault Ste, M. Pfd.. VI ' 93 Missouri Pacific. i'.. J Mlaseurl. Kansas A Terfaa .. ...... Missouri. Kanaas ft Texas nfd.. ... National Icad ..... ,. ...,. Nstlonal H. R. Of Mexico pfd'. .. .. New Tork Central .. .. .. New Tork. Ontario A western Norfolk ft Western.. .. .. .. .. ... 141 Norfolk ft Western pfd-.. .. .. .. .. North American ,, ,f .. ...i. Paclflo Mall .. i, .. . I. .. .. so People's Uaa,. .. '.. ,. ,. .. tn..-w..- t f1 a. e. i i. Preased Steel Car., ... ' ,. .. ' HH Pressed Steel Car pfd ., ... .... - WJ Pullman Palace Car..,. 23 Heading ,. l.HVi Reading 1st prd., ., ... ,w M Heading 2nd pfd.. .. K Republla Steel -.. .. .. .....,3 Republlo Steel pfd .. .. ... Rock Island Co.. .. ., ..... 2nW Hark Ialand Co. pfd.. .. .. .. .... 44 Rubber Good ..... '.. .... ... a. Rubber Good pfd.. .. i. .. .. .. ,. ; HI, Ixiuls ft San Fran. 2nd pfd., ... 4S Ft. Louis Southwestern ..-..,.", JiV4 Bt, I-nule Southwestern pfd ;;.,. Mil Snuthern- Paclflo i,l..x .' .,! . ' Southern Icini pfd., .,114 Hon t hern Hallway .. ........ 14 flouthern Hnllway Pfd .. .. ... .. , n 1'ennease Coal A Jron ,. .. ,, .. 147 -Trias A Pacific ,. , .. .. ., .. ', 12 : Toledo, St. Iul A West.', . ii Tol-4o, St.- Iouis A Weet. pfd .... 1 (14 I'nlon Pad HO i. ,, IM4 Vrlon Pacific fd.. .. ...... at mited States Btpress , loJ ' !tilted States' leather '., . .. . 1 nlled Hi a tea leather pfd.. ...... ' United Statee Ilealty. , 90 United Stale It.iliher.... ., ., .. ., II United Steles Rubber pfd.. .. .. 1IA t-nited Slate Steel ,1 ,,t 41 United States Steel pfd.. ..Jt .. .. I'mJ virmin-t aroiina t. nemicsi . , .n virsmiaK'sronna i-nemKi pro, ,. Welh ..... ......... ...1. ...... . l'4 lid ' wabaan pro.. . . ..' .. .... wen anfO rrrpreaa ,, ,, ... ... , Westins house t-ieetrie Hills. ; vf p : PowerPlants NORTH CAROLINA COTroX"yARX8." COTTON GOODS, '. '.f . .AND COTTON WASTE. Western Vnlon.. .". Wheeling 4V like Brie.. Wieconsfn Central .. Wisconsin Central pfd.. Northern Pacific ... Central Leather .- .. Central Leather pfd.v M Sloaa-Shellield .a .. , Great Northern pfd.. .. . 92H 104 79' NB7W TORK BONQ3 IT; 8. refunding la, registered It, 8. refunding la, coupon .. .. 17. 8. .registered .. , U. B i . couBoa .. 4. .. .. 103 4 l'BVi m IT. 8. Old 4s. registered 8. -Old 4s, eoupon 8. New 4s. realstered .. .. 103 H iaH IT. 8. New 4. coupon., i Amerloan To banco 4.. 79V American Tebacco .. 113V Atchison a-eneral 4s 10U4 Atchison adjustment 4s W4 Atlantlo Coast Line 4.. .. .. Baltimore Ohio 4s.. .. .. .. Bnltlmore Ohio IK.. V. .. . Wilt Brooklyn R. T. cv. 4 .. , .. . Central of Georgia I ..' .. .. Central of Oeoraia' tat Inc.. . 97- no 07 79 774 904 ioni 7SW 77. 764 944 104 inn lolt 1 101 4 M W 014 10 101 79 24 1014 XX w K4 l.4 ins, 754 9f4 B4 94 1004 Central of Oeoraia tnd Inc.. . Central of Georgia Id Ine CheeaoeaHe.ay Ohio .. .. .. Chicago Alton Stt.. Chicago, R. Qulncy aew 4a Chicago, R. I. Panifle R. R Chlcaao, R, I, a r. R R. col Gs. C. C. C. A St Louis gen. 4a... Colorado Industrial (a sr A . Colorado Industrial (a Ber. B Colorado Midland 4a,. .. .. .. Colorado A Southern 4 Cuba (s . Denver A Rio Grande 4a .. .. Distillers' Beourltle .;. .. .. Erie prior lien 4s.. .... Krle General 4s.. '.. .. .. . Hocking Valley 4.. ofd. Japan 6s ... .... Japan , 2nd Beriee..' . .. .. Japan 4s Japan 4Hs ctfa 2nd Series;. .. Louisville A Nash; .Unified Manhattan consol gold 4a.; Mexican Central 4:, ,. ...... .. Mexican Central 1st Inc. Minn, ft St. Louie 4s ofd. Missouri, Ksnsaa A Texaa 4s Missouri, Kanaas ft Texas 2nd.... National R. R. or Mexico consol 4s New York Central gen. Vi New Jersey Central sen. 6a Northern Pad Do 4.. ,. .. .. ,. Northern Pnclfio Is.. Norfolk A Western consol 4a Oregon Short Lin rfdg. 4a..- lVnn. cv. Xtys. ., ,.' Reading General-4s.. . j. PU 'Louis A Iron Mountain col. 6s. St. Louis A Ben Francisco fg. 4.... St. Lo'ila Southwestern Seabnarl Air Una .. ., Southern Pnclfio 4.. '.. 113 ftT.4t sn4 H7 93 COTTON now xork, May 11. Below I pro sent my first crop report for the season of l0l-7. The) Inquiries have made are as follows: .. I4 What percentage or decreases aa compared with last year, will be shown by the cotton acreage In your country r What la the state of th labor sud ply.fn you section; Is It sufficient for tne cultivation or tha crop? To then inquiries I have received l.lll replies, the details of which by Bute are. summarised beiowj The aver age 'Increase in acreage, an compared witn last year, la less than on per ctnr actually s-io or on Der cent. Applying thl indicated increase to the, revised figures published by the government In July, It05.r4.ha Indi cated acreage for this year's crop Is si.sss.wwu, wnicn is tne smallest aero age planted In cotton sines HOuM. . The figures are practically tn harmopy with Miss Oilee. who esU mated the acreage on th first of Mav at 17,417,000 acres. '.-. The percautaaea of Incraaaa and de. creaaa oy Bute are aa foi lowai ! crease, 'North-Carolina, 0.1; South Carolina. O.ir Virginia, 1.0; Tiorida, .; jviaoama, i.z; iuunana,-o.: Ar kanaas. 0.1; Virginia. 1.0. . - ' Increases: Mlssisxippl, 1.0; Texas, lennesaee, ,; 1 no lan Territory, l.l;. Oklahoma. 1.7: Missouri, lt.o Average, 0.1 per cent. Increase. ' These figure are submitted for tha iniormation 01 in traae. They have Been made up with the most naln'atak. Ing car and reflect accurately exist ing conditions no seen by nearly six thousand people resident In the south. The postal card replies, of whlchi they are a. compilation, are open to the inspection or any interested ; parties. L myself, believe that the result indl. cated approximates the facta, and that tne iact taiten in connection with what la already known aa to tha lata start, damage by frost, and tha con sequent replanting already necessary "r. a targe portion or ma cotton bolt, strongly suggests th probabil ity of. crop altogether Inadequate la She) world's requirements at pres ent prlrea '. . . ; , , , it . . Th scarcity of labor Is admitted by 1 yr vent., ot my correspondents; greatly Increases the difficulty of re planting, which I further heightened by aft advance In the price of cot ton seed of from IS crnta to. 10 cent a buahnl conaeauent : uion- th ri. mana tor replanting made necessary uj iu iron, ine resulting anandon merit in acres a-e will, therefore nnntv. ably b . greater than usual, and tha scarcity of labor will, . I fear.-make almost Impossible the careful, culti vation rendered necessary by the lata and unpropltlous season. Recognis ing , the economic problem latent In th rapidly Increasing demand for cotton, and tha Iwtut flcJnry of la bor with which, to cultlvat the crop, r have been for soma tlm t-onvinrwA that Its only solution wag to be found In a permanent advance In ootton to a prlcei that would compel an Incress ed production; but this belief does hot ntltlxat my regret wt finding the Noufh confronted,' as It seems now to be,, by a comparative crop failure even on the acreage planted. This disas ter tha magnltuda of which Is but yet little appreciated, Is attested by lh telegraphic reporta which I have published to-day. They are far too numerous to bo apocryphal, and tha names of tha- parties making them have been given for verification by those caring to attempt It The most serious sapect of the situation Is, that owing to th scarcity of labor and the scarcity of seed the replanting so gen wally necessary will be Impracticable, ami, the abandonment of acreage, therefore, probably mora, extensive then ever-before.- . , -, . - THEODOBB II. PltlCB. 1 . i : 7 i n main egpieai UTHTpTOM T ' QnAftkvTtf. N. O. f .I'll! RaveJrlnt FUt dris. Railway Head, DrawlBf Franteg, . 5pkmiaf Praraet, Twlsten and Spoolart ' QaOMtra and RmU, Ijoonig, C0MBCR5 ETC., ETC. Southern Paclflo let 4s ctfs.. Soutbom Railway ta Texas A Paclflo lets Toledo, St. L. A Western 4s., Union Paclflo 4s. 117. 121 81 1044 ir 11s 74 St 91 84 ofd. Union Pacific cv. 4a.. .. .. 8. Steel 2nd Is.. Wabash Ists.. 1 Wabash Deb. B Western Md. 4s Wheeling ft Lake Eris 4s.. Wisconsin Central 4 ,. .. .. Japan 4a ctfa... (Continued on Pag Eight) . IVIanufacturers and Jobbers Frequently and It necessary to hare Banking FaelMtle In ad dition to those offered by local banka, TWB First National Bank of Richmond, Virginia, With M. 110.001.00 Capital ti. 04.000.0 Deposits 17.000,000.00 Total Resources Offer Just th Additional Fa cUMiee Required. Jno. B. Purcell, President: Jno. M. Miller. Jr., Vice Prl dn; Chas. R. Burnett. Aa plstant Cashier; J. C. Joplfn, Assistant Cashier. MILLER & COMPANY ETXCTHANGK BROHERS. ki. laa Ru4ir. . - . New Tork. Members: New Tork Stock Exchange, Maw Tork Ootton "Exchange, w "r t-effee Bxchaage, New Tork Produce Kx .v,.rv.. Nm Drlaana Cotton Bxehanga, Mew Orleans Board of Trade, Chicago nn.rs n TraA. Livcrseol Cotton. Asao- liatinn. Bxecute order en aay ef the tachange of which w ar members. 411 nrAmrm mmt tA ear branch off lae at Ireenvllle. a C. will be tranemltted patently by private wire to our -main Mice In New Tork. aad xeoutioaa re ported promptly. The Best Service. Preaspt Attention, Immediate Settlements, rear Business Solicited. F. B. AXBXANDsTlt. Mgr. tlT TV". WaskingUn Stw OreMMrill, at. O. COTTON SEED OIL and Gin Machinery NOT IN ANY COMBINATION OR TRC8T. Complete plant from fifteen to two hundred ton capacity. Spe cial small oil plants for gin neries. Compute eotton gin nfng systems. E. Van Winkle Gin and Machine Works, ATLANTA, GEORGIA. K0O44s)44ae044)444M HUGH 1IACEAE & CO Bankers Mlsocllaweonn Smthern - Seicwiitles WI IiM INGTON, N. . C. vTashlngton, D. C, 401 Colorado Bldf. . Cotton Mill Stocks ft! -. -L JJL-.L-JU L1!J-J I?- RICHARD A. BLTTHE, Commission Merchant COTTON WARPS AND YARNS. No. 114 Chestnut Street. PHILADKIPIIIA. - . . . PA. A. D. SALKELD a BRO.f COMMISniaV MERCHANTS 0-71 Leonard 8t NEW YORK. COTTTON YARNS. WITH j Fred'k Vietor & Achelis. WM. D'OLIER ft CO., COMMISSION MKRCIlANTB - COTTON YAIiNS -0 Third and 7hetamt Sis. Marlnnr and Merrlisat Bldf,l ritlltAUIClil'UtA, FA. D. A. HurlcV, i BROKER. Cotton, Stocks, Grain md Provisions : . rRpMPTV I5XECOTipNS.f -. , .... , . .... , ...... i ' f .. -. No Interest Charged on fltcka. . . r. O, Box SI J ',X Pay tclf trat Tolls. : ROCK HILL - . s.'p.- i .' BOND DEPARTMENTl 1' WACKOYU ICAU TRUST COiW, : il : winhton.salkm'n; do. x. r- Mi BONDS -and. stock. 'M " ( v Wa Invite oorrespondene ; from parties desiring . to' buy , Or Sell. .. ..... . . -(-..., f ,. ' Our list ,f Invetraiaata. rnalleij upon application. 1 , . V - .-. : . ;" - -. - Crea AfO 4tcs.73AT5e SJufcWrg, . Rortaif fVatnea w .vv;r-'r- fr Lilian ...;.,v. llWOAewweiaJ iRtarmedlatet, Jatkpanaa Greensboro Supply Supplies and Machinery Motors and Dynamos, ! Steam and Power Pumps, Gasoline Engines, Iron Working Machinay. Wood Fibre Plaster, Machinery. ReprnUtlvM Jf fiRO iTNEU CO. Wfll Wl itjOtS DayUn, Okio Direct JENCKES SPINNING CO. PAWTUOXET, H. I. COTTON TARN PmNW8, Cerreapendenee Wltk 71. Complete Equipment for Cotton Mill, Power Plantf and Geaeral Machnerr. CHARLOTTE, NORTH CAROLINA. CROMPTON-THAYER LOOM OX, WOROESTSR, MASS. FANCY OOTTON AND GINGHA1X. TOWXU TAAMASbC, QTJTXr, -CASSIMSIUO. . BXLNKJBT UMIM. m. ' DOB8UBS. BOXalOTIONS. RaSpAJjSsVBTC Ca , soiTTKnur oarncatt cxARixxiTaC, x. o. ALEXANDER ft GARBED. Manager. ' ' If You Expect to Buy Gin Machinery for 1906, Write Us il Once FQr Our Catalogue and Tell us Your Wa.its ; Continental Gin Company CHARLOTTE N. C. HIGH-GRADE SPINDLE, tots OTJa aai LaMeattaf 43 Wi GEO. B. HISS OIL GO. cn awi Ayr J. SPENCER TURNER CO. COMMISSION IIEROHANTS. OinCESt New York, PTUlaAelpfala, Chlcaao, Sl Louis, XaMsdoa. EBtrasitd. Yarns and Ootton Piece Goods.' PAULSON, LINKROUM- & CO. C o it on 7-ta LEONARD STREET 410 CWKHTNUT HTHKUT - ta monhoh fmtricT BANDY 45 TERRELL, : ORESfNSBORO. N. .O. ' CsntsuitMg, Rrdmalla and Sewer Skivtaaera. Plana and esttmata for power plant and sewer rrstema mads n appuoation, ,(, . ... . Bandy A. M Ph. B. Aaawo. M..A. M.. So. C B., and TarralL C. B. Ranaatar. , v.v,- tU. ::,? r- ESTABLISHED HIS w aus & mm Ma Coasaca V.wids v.-;;, MEMBERS' OP- Tha New Tar It Cotton txchang. New Orleans Cotton Exchange, Liverpool Cotton Breker' Asoeiatlonr KawOr leasts Board Trad. 4 , i '.. Cotton Whtohanir NntMIng fcV- t K f -. NKTVV ORX.EANS A ' Speolal attention tvn ta exectitlnt or orders In contracts for future a livery of ootton In all th marketa. CORRESPONDENCE! SOLICITED, t ITUBBAIID BROS. ts tiO ,unc eiyuAinc. nbvv-,, iobk, MEMBttRS.OP New Tork Cotton Ex- change. New Orleans Cotton Kx .', change, Aesoelate Members Liver V pool t!otton Kir hang. . , ORDERS "OLICITEO For the pur, rhae and aale of ootton for future delivery. Correapondenoa Invited.- . . .... r - ........ I . ..... ... 1. I u. EOUfVAan.t tyu!ti4. 1 ATLANTA 4jA fan AntamaMc Feadcw, " , , Opaoast mr Trtiok fireakar, latfecaaaailata aa4 Fl ft Integra. ' . Klfbmr tSqF DaaAara TluVatiairas ' . WaJtorTtlJW. ate. ETC., ETC GREEN KHORO. N. C. COfCfrilTlinS AND BXVaLMUL fSeethern Sp Inner Sotlcttod. BOBBINS LOOM, ENGINE AND VALVE ILS jrattiar ix v. c Yar us NEW YORK P1XIXADELPHIA -' CHICAGO IIAYVARD, WCK (cttca ft:n IS .JCffjn ik rsizs i a.t f esssswaaesssw fjsi rrt aa f e V JAIIi:3 E. I UICIIIXT. c a COMMISSION MI JU Cotton tYarns and Cot! ClotK ' CONSIDNSI f VI 1 h ' PWJad"'"Ma, l; J si I 1 t t New loik, :a. U I -!W ,J' i
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 12, 1906, edition 1
7
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