Newspapers / The Charlotte Observer (Charlotte, … / June 3, 1906, edition 1 / Page 11
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.. . i. " C A CHARLOTTE DAILY OBSERVER, JUNE 3, 1906.;:, 11 -it '( i COMMEHCKMy:;riyAKCE BKTTEK TONE IN STOCRSV ":' Xed by 4-Polnt Advance lit St. Paul aa Result .. of Reported run for , i J 'Inanclng Partita Coast Kitwmlon, , u List 6loued Some Slight Im : proTrincntlUnk statement pla ' ppoJuUuCp.- s - . New York. June r.-The tocli market Had batter tone to-day, with en asir' .: alve advance of nearly i polnu In St. A Paul an the backbone of tbe movsment. There wae realising after the appearanoe of the bank statement, which wai con sidered unfavorable,- and the closing tone was quiet. There were Important breaks y In the ranke of the Hat, wbloh left the , market spotty, -and for that reason ua ..! satisfactory ta thoae watching, tor evl dencea of a general rising tsndency. The ; movement In St. Paul was baaed on un . ITIc1m reports of the plnnt for Ilnanolng c ?he Paulfto Coast extension. The bank .statement showed only ' ll.12tl.000 cash . jraln compared with preliminary eetl . dilutes of between W.000,000 and 110,000,000 and with k loan Increase of K.lfc.to In eluded In the deposits, the surplus Item i received only nominal beneAt. Tbe holi v day-in London left this market without Initiative from abroad. Expectation of V easier money conditions next week, with , the June 1st requirements out of tbe way, ! wae faotor. in the market. , Total salea - bonds, par value. 11,438,000. 'Total salea were 4,000 shares, include , wgt cotton -on no; Tobacco gov; c. o, 1 800; St, Paul TJ.OOO; LAN. ,00; N. W. 100 Bradlnc 22,100; Southern 8.300; T ci. I. too; union Paolne W,m; Bioss-Bher jieiq ivu. ; , Z Liverpool,' June I. All exchanges here : "were closed to-day. . 2 New York, June 1 The cotton ex lianxe was closed to-day. CLOSING STOCK LIST. 1 Iftdams Express , sXmalgamated Copper .... .. American Car ft Foundry .. . American Gar & Foundry ptd American Cotton Oil-. 240 108 4 1 102 American Cotton Oil pfd.. American. Rx press 217 , ' American Tlido & 'Leather pfd .. .. 12 , AmerloMn ree ., .. i America ce pro..... r American Linseed Oil.'. 19 . Amerieaa Lisaeed Oil pfd.. .. .. .. 3 American ixeomoiive 7f American: Locomotive pfd 114 American 8meltlnr Kefna 64 American Smeltlns; ft Rrrng. pfd... 11H American Bugar Kennins; 136 American toducco ptd. ctr i'a Anaconda Mining Co XI Atchison WTi Atchison pfd 10-J Atlantic Const Line 1474 xiaitimore ft Ohio 107 liultlmore ft Ohio pfd M ' Brcuklyn Rapid Transit Kfl4 ('anadlan Pacific 10OH entrai or rnew Jersey zn Chess peake tt Ohio 68 Vhjcago ft Alton ., 26 vmcago ft Alton pta.t liigu fhlcago Oreat Western .. .. .. 18 vnicaxo iNortnweetern Chlraao. Mil. & St. Paul.. , 1744 vK'aKo lerminni & Trans 12 Chicago Terminal 4c Trans, pfd... 29 C. C, C. ft St. Louis M Colorsdo Fuel ft Iron 59Tfc Colorado ft Southern i3 loiorHdo a Houtnern mt pra n Colorado ft Southern 2nd pfd 47 .Consolidated Oas 134 ora I'roducte Htflnlng nb Corn Products Refining pfd 7i iJeiawarc ft Hudson 211 jbelawurr, Ijirkswanna A West.... 53! Ienvtr & Itlo Grande 43j Denver & ku uranae pta Distillers' Securities Erie 4614 " Krle 1st pfd 7i Erie 2nd pfd '. General Klectrtc ViS (locking Valley 132 Illinois Central J79H International Paper 19V international l'uper pra .. .. .. .. K International Pump 64 International Pump pfd 7 jowa lentrai Iowa Central pfd Kansas City Southern Kenans City Southern pfd.. Louisville ft- NaahvUla Manhattan 'JL,..'T.rt- .. . .. ..' .. . Xletropolltan .Securities..",. .. ..... Metropolitan et. Ky od. Mexican Central Minneapolis ft St. Louis Mintt.. St. P. & Sault Ste. M Minn.. St. P. ft Sault Bte. M. pfd.. Missouri Pacific , Missouri, Kansas ft Texas Missouri, Kunsaa ft Texas pfd National Leud National K. R. of Mexico pfd Jew York Central New York, Ontario ft Western .... Norfolk ft Western Norfolk ft Western pfd.. .. North American Pacific Mail Pennsylvania People's Gaa ilitiur C. C. ft 8t. Ixmls.. Pressed Steel Car Pressed 8le-l Cur pfd Pullman Palace Car .. .. Reading Reading 1st pfd Reading 2nd pfd Republic Steel Republic Steel pfd. Rock Ixlund Co Hock Island Co. pfd ,. .. Rubber Goods ; Rubber Goods pfd.. BU Louis ft San Fran. Snd pfd SU' Louis Southwestern St. Louis Southwestern pfd.. .. rrrr Southern Pacific 27H 2SU 14M 152 Vs 114 23 4 70 138 173H MH 684 764 W U9 61 87H 74 17 132T4 "24 62 T4 227 140 824 4 284 103 26 614 100 '46 r-'4 6)ilt Ji 3S H. 156 324 '4 484 1W4 84 110 Southern Pacific pfd.. .. Southern Railway Southern Rallwuy pfd Tennensee Coal ft Iron Texas ft Pacific Toledo, St. Louis ft West Ttledo, Hi. Louis ft West. pfd.. .. pnion Pacific Union Pacific pfd: United Express .. .. , United States Leather United Statea leather pfd United States Realty tinned Suites Rubber United States Rubber pfd .." .. .. United States Steel United States Steel pfd Vlrainla-Carollna Chemical Vlrrftila-Carollna Chemical pfd... Wabash JVabaKli pfd Wells Km go Express Westlnghouae Electric Western I'nlon Wheeling ft Luke Erie WIsoonKin Central Wlacomln Central pfd Northern Pacific Central leather Central Leather pfd 81oss-8hrfTleld Ureat Northern pfd.' 1 ; ..v , ; NEW YORK BONDS. . i-V'l-'-- U.' S. refunding 2s, registered .. .. 103 ; V.'B. refunding 2s, coupon 103 ! ; . JJ.; 8. Ss, registered 1021 (. ' L'. 8. Ss, coupon.. .. .. .. 1C2' W-8. Old 4a, registered 102' , . . , p. 8. Old 4a, coupon , 103' V. 8. New 4s, registered .'. .. .. 128' . V 8." New 4s coupon .. ,. 1W v '' merlcsn Tobaceo 4s 7i ', ' American Tobacco 0s 114 i V Atchison general 4s.. .. .. .. .. .... 101' i ,' '; Atcltlson adjustment 4s .. 641 , . Atlnntlc Const Llna 4s.. 100 . i ' '.wltltnora Ohio 4s... 108' VI Aftimore Ohio 8Mb.. 851 , , luooklyn R. T. cv. 4s M 7 v; Central ot Oeorgla-6s , m ' . Central of Oeorgla 1st InO.. ,, .. (4 ',;'. Central of Oeorgla 2nd Inc 89! , Central of Georgia 8d Inc.. .. .. .... 86 . , , Chesapeake A Ohio 4H" lo ; . Chicago A Alton Ha.. .. .. 7 . ' 41ilcBgo, B. tt Qulncy new 4s.. .... 100 ' : Chicago, R. I. A Pacific H. R. 4s.. 781 , f f Chicago, R. I. ft P. R. R. col. 6s.. 61 C, C. 0; 4k St. Louis gen. 4s. ....... J 1 V ' Colorado Industrial 6n 8er. A 7 W ,: : colosado .Industrial ts 8er. B.. .. ,7BT 1 ' Colorado Midland 4s.. .. .. .. 71H V Colorado ft Southern 4s,. .... ., .631 ttha 6s 106 f 1 leinver ft Rio Orands 4s.. .. .. 100 " "! 1; tillers' Securltlea 6s ., ... ., .... 90 v , . Krle trior Hen ,4a 1011 ' Krle General 4s. t. ..4 . ...i ': fttV . iHocklng Valley 4Ha.. '.. .. ,... job) :.$': ' Japan tfs.V , '..-v. t.i.",... tfiy Japan s 2nd Berlea,. .. ., .. m ' Japan, 4e t. .. . , W . Japnit 4VVS ctfs Ind Series., 63 , Xxiuisvllle ft. Nash. Cnlfled 6a. ..... JnttV ft" Msnhatton onsol cold 4s...,a. -.., .im IeXlosa Conttal 4". '.. 7Vi , . Mexlcsn Ceatral 1st luo. ,. Minn, ft St. lula 4s., ,. M Missouri.' Kansas' k Texas 1 Missouri, Kansas Texas Unas.... IWV national It. K. 01 Mexico COU S.. n New York Central gen.ttts,, .. .... New Jersey Central gen, Wti Northern Paoino ts.. ... .. .. ICH Northera Paclflc U.i -i"i. .. - 1t Norfolk ft Western col. 4s.. .-! Oreroa Short Una rfda. ta.... JM Penn. ov. ma.. .. ... ... .. ..''' t Reeding General 4s..- .. .. .. 101 St. Louis ft Iron Mountain cot. (a.. 1S Bt, Louis, ft San rranclsce fg. 4a.. 86 Bt Louis u western col 4s... 7 ilraboard Air Llna 4a .. .. : tt Southern Paclno 4s .. .. 1S Southern Paclfla 1st 4s ctfs.. .. ' ., H southern Kaiiway s.. ., lis Texas ft Pact no ists 120U Toledo. St. L. ft Western 4s.. BHi Union Pnotfio 4s. . , ... 104 L'nion paoino cv. 4S , .... IT. 8. Btsel tnd 6s WH waoasa iiie ..... ,, iit Wabash Deb. B t3L Western lid. 4s .. taW Wheeilnr ft Lake Erie 4a.. , Wisconsin Central 4s.. japan 4a ctrs .. KSfc New York. Produce. , Naw Tork, June t Flour dull.' Minne sota patenta M M to 14.60; do bakers 61.46 to 63.66: winter patenta 64.00 to 4J0, . Rya flour steady. . Corn meal firm: fine L20; coarse $107 to $1.0. Rya dull;- No. i. Western 674. Barley dull; feeding 474; melting 61 to 67. Wheat steadv: No. 1. red 64 nominal elevator. Ontlons U to 4to. net huther: juiy 7Hi oept. g; Dec." DH. -Corn firm; No. 3, 614 nominal elevator. Options 4 to 40. net higher; July W4; Sept. 664; Dec. 6&4. Oats steady; mixed S94. Beef quiet; family 61100 to $1160; mess H.60 to 68.00; beef hams $20.60 to $22.00; packet 6V.M to $10.60.. Cut meats ateady; flckled belliea 104 to. 12; pickled shoulders to 64; pickled hams 114 to II. Lard barely steady; Western prime $8.76 nomi nal; refined quiet; continent $9.20; com pound 7 to 74. Pork steady; family $16.60 to $18.00; short clear $16.60 to $16.26; mess $17.00 to $17.60. Tallow steady; city 6; country 6 to 64. Cotton seed oil was steadier with trade quiet. Prima crude f. o. b. mill H nominal; do summer yellow 26; prima white 41; prime winter yellow 41. Potatoes Irregular; Bermuda, per bar rel, $3 to $6; do Southern $1.60 to 64.66. Cabbagea weak and lower; North Car olina and Norfolk, per crate, 61 to $1.50. Freights and peanuts steady, unchanged. Butter quiet, unchanged. Cheese quiet but steady, unchanged. Eggs steady, unchanged. Rosin firm $4.16 to $4.15. Turpentine firm 604 to 61. Rice steady; domestic 4 to 64. Molasses steady; New Orleans 60 to 38. Coffee, spot Rio quiet: No. 7. Invoice 74. Mild quiet; Cordova $4 to 124- Futures steady at a decline of 6 points. Sugar, raw nrm; fair refining J1&-16 to J 11-42; centrifugal 6 16-3$ to 34; molaanes suga. 711-I6 to zza-12. Kenned nrm; eon fee tlnnars 1 US' nuniM A Si Mr rut Inai $5.10; crushed $6.30; powdered 64.70; gran' uiatea t.u; cunes h-sb. Baltimore Produce. Baltimore. June 2. KI6ur - quiet, un- cnaiigea. Wheat steaaler; spot contract ss to 68U. Corn steady; spot 664 to S5; South ern wnne corn m to bi. Outs Arm; No. !. mixed 3H to 0. Rye dull. No. t. Western 70 to 71. But ter firm, unchanged: fancy Imitation 17 to IS; do creamery 21 to 23. Kggs firm 17c. cneese strong, unchanged. Large 10 to 11; small Utt. sugar steady, un- chtingeo. Naval Store. ' Wilmington. June t Spirits turpentine notning aoing; receipts tu cusks. Kosln nothing doing: receipts 38. Tar Arm 61.60; receipts none. Crude turpentine firm, hard 62.60, dip H 60, vir gin t.w; receipts . Savannah. Oa.. June 1. Turpentine nrm 67H; sales 8S4; receipts 630; ship ments 4,747. Rostn firm: sales 1.661: receipts 1.677: Shipments 2.196; stock 61.244. Quote: A B C 63.46 to 63.60; D C 60 to $3.70; K 63 70 to 63.76: P $3.76 to 63.60; O 63.66; h 64.00: I 64.10; K 64.25; M 64.36; N 64.46; W U t4.4S: to 64.60; W W 64.60. . Chicago Grain. " Chlcaao. June 1 Reoorta of damns hv drouaht to the fall sown croo ceuned n Strang local wheat market to-day. At tne close tne July delivery was up hi to . Corn waa up Oats showed a aaln of to M. Provisions were 7 to 10c. lower. Chlcaco Graia and ProvUlon. High. Low. Close. WHEAT July .... . 61 . 604 . 80S . . 60"4 . 60 .. 47 80S 7H 80 81H 7'4 . Sept .... Lec CORNf- Msy .. .. July Sept. .. . Dec 4TT 4!H 49 4Vi 49 V 48 OATS- Msy .. .. July .. .. Sept Dec , 64t, . S4 . S3 16.10 16.00 .u 6.72 84 H 81T 15.95 16.86 847 8.t.2 64H PORK- July .. .. Sent 16 00 1.0 LARD-. July .. .. Sept Oct. .. . 8.50 8.66 8.06 6.07 6.06 RIPS 1 July f Sept Oct. .. .. 6.10 6.12 185 .6 00. 00 8.76 8.S2 CHARLOTTB PHODUCB MARKET. (Corrected dally by J. W. Zimmerman Company.) Chickens Spring 1! 926 Hens Ptr head 66 40 Ducks 26 Eggs ; 14 Rye M Corn 76 077 Cotton Seed ' 22H ate reed M 3S Oat 8eed 60 trie Charlotte Cotton Market. These prices represent the prices paia, 10 wagons: June Z. Good middling Strict middling 11 j Middling .. .. 1H4 Good middling, tinged n, niains 9 to 10 PORT MOVEMENT. Oalveston New Orleuns Mobile Savannah Charleston Wilmington Norfolk, holiday.... Baltimore, -nominal New York Boston, quiet Philadelphia, quiet Houston, quiet.. .. Augusta, holiday.. . Memphis Bt. Louis Cincinnati .. , Louisville, firm .. 1114 11.2S 11.60 11 The Dry Qooda Market. Naw .York, June t The dry goods mar ket wis active to-day. Sales of printed goods and .some lines of bleached goods were In slightly larger volume. White goods did not sell freely for epof deliv ery but forward business waa very good. Linens advanced, Burlaps and Juts ware quiet. '.','.. , Seaboard Air Line Stock. - Baltimore, June I. 8. A. and pfd. nothing 'doing. L. common Got Down the Bls Bed. 1 8t. Loqls Olobs-Democrat, ' )for the first time In Ita hlalnr the ait. justabl bed Which has been stored on the eleventh floor of the Planters" Hotel for many yar waa pres into service Monday night to' accommodate Bybrant Wesaellus, a former railroad eommlaalnn. ar of lHohlaran. who la shortly ht low aev. en feet In height and wslshs mora the 800 pounds. i -..-I..; - .... When ha registered Monday afUmnnn Mr. W east-II us Informed the dark that k wr uld reoulrs an . unusually Ursa hxl. There waa a hurryup call for the Janitor, ana no waa aespatcnea to the garret.Tha sleeping appnratua was stretched to the limit. The head of the bed touched the north wai: of the room and the foot prseo against tne waahaland on tha opposite sidn. Stretched out for sleeping, Mr.- Waaealiwa easily - eovered three- fourths of the couch. v A LEX A RID ER & GARS E D 7 General Madiihery Agents. -1 . .' J Complete? for ; Cotton and Mills. W''H ' Power Plants CHARLOTTE, Villiam B. Charles "' . t Offlcca Charlotte IC. C. Boston Maaa. and Amaterdam N. Y. Mala Ottos) --Amsterdam, . T. BONNER & BARNEWALL MANUFACTUKERS - LEATHER BELTING CHARLOTTE BRANCH, 97' East Ui St. Telephone 1321. MR. C. W. GODWIN, Mgr. Complete Stock Always on Hand for Immediate Shipment. New York Office: 16 Cortlandt St. r PARSONS' PERPLEX nTErV trgotten Sermooa and Teita Odd vaeatttna Tliey Are Asked. Iondon Daily Mall. A parson's nlahtmnre (when he Is un fortunate enough to suffer from one) gen erally takes the same form a crowded church, end expectant congregation and the unhappy dreamer striving. In a per fect frensy. to make sense of a hopeless rigmarole which ought to be his sermon but la not. Ewry clergyman has sxparlanred such episodes. Even tho Archbishop of Canttr bury himself has not escaped. Hrooablv, amid all the miry Incidents of his Qruo.'i llff. he mr.iirters one Sunday, soma years eat. when he was preaching at Twkketiharr.. In addition to the sermon, the Dean of Windsor (as he then was) had 'tie first Wesson assigned to him. He stepped to the lectern to reud It. A pained expres sion of suspense was vlilble throughout the congregiitlon; something wss wrong. The psalm ended, the Dean's mouth wsi In the very set of forming the opening sentence. "Here beglnneth." when anoth er pwlm was oommenced by the oranist. The future Archbishop had been a little premature, and It Is quite safe to say that not one of the many portraits pub llehed of his Grace gives the slightest approximation of the expression Ms face wore. There Is the possibility of gutnr to the other extreme, and not being ir.par-d wlen the moment comes. In a church not many mllea from the one last nun tlnned a very nervous curate stepped out to read n lesson. The place was not found; the lesson was from the "Lamentations", so short a book that Is very easy for n nervous man turning the neges rapidly to miss it altogether. lie did miss It badly and every fresh miss added to his consterna tion and to the pained intensity of the silence. I Tho vicar came to the rescue by finding the place in a small Bible and hadntng II to the curate, but by .that time ttw poor man waa reduced to such a state that he could not utter a word. Of cf.urse. pareons suffer from nightmare who wouldn't under the circumstance? There Is a certain much advertise! volume of excellent outline sermons which F.rt4in younv citrgymsn. tiinrus. ui 01 his own reaouroes. determined to use. He gave Out his text boldly, as it wss printed. "Proverbs 18:22." A look of Interest came over the facea of the ronrur Indies or the congregation. The preacher repeated the reference In sonorous tones, and then looked at his Mine toaresa it out. The interest wan explalnso" the words that confronted him were "Whoso nnrteth a wife, flndeth a good thing" a bold subject to choose for a nrst sermon! Now that book Is still In print, ths error still remains, and If young clergymen would avoid raising false hopes they had better verify their texts. The disconcerting Incidents of clerical life, however, are not confined to servi ces In church. A few yeara ago a clergy man of very solemn aspect and most se rious Intentions was ministering to one whom we will call Jones, who lay upon a sickbed seriously ill. Now Jonea had not bean a model character, and the parson knew It. It was clearly necessary to bring Jones to a repentant ' frame of mind, but It was equally clear that ths slrk msn did not Intend to "give himself away." At Inst he replied to hia spiritual adviser. "Now. loog 'era, sir; I tell 's straight I ain't got a sin on my mind." The clergyman looked at Jonea searrh inglr. "I wish I could say that, but I am afraid I can't," he observed solemnly. Jonea Viewed him with a new Interest. "Ah! I shouldn't wonder," he remarked after a pause, "yon be out and about, but here be I; what ran T do?" One more sickbed reminiscence tn Illus trate a parson's perplexity. A certsln snclent dame In a country village had lis tened, during a long period of Illness, to the exhortations of her vicar. She was devout and attentive, but hinted mora than once that aha had something on her mind. There was a question she wished tn ask. She hoped to have It answered before aha died, but aha wasn't quite sure whether the vjcar could do so. It was quits clear from the rlersryman s encouraging manner that whether he could or not he meant to try. but when the question came it waa a little ti.scon certlna "Ought pass'ns to swearT" Anxtous to gain fuller Knowledge or tna reasons behind this extraordinary ques tion, the vicar Inkulred why ste- ask tt. The old lady waa quite Serious, quite In earnest; It was a question ' she had wished answered ever since she wss a little girl, and now well, perhaps shs rould get her wish at last. Her reason T Tes. she would ten tne reason, wnicn she did In the following words: when I was a little maid the rector of waa a terrible fins preacher, for sure, When he did corns to preach at our church, glad enough we waa, I reeon. Now the pulpit waa a girt hlh place as big as ever yon did see, and pass'n used to go up the stspa wearing his spurs, Just ss ha had rlddan over, and a girt gowad. One day, when I wss In the front seal Just by the' foot of the pulpit stairs, 'ass'n waa to pralch. 1'p the steps a went, as fine a figure as ever I did aeei but when a ralched the top atep, the spur did catch tn his gnwnd and down a fell. toray-turvv line. well. sir. 1 ou as sure you 'twae a proper mux ap. Yon couldn't see .pass'n for the gownd that had rolled round and round 'un, By and by his spur did tear a hols. where ha did kirk and scrummage, and I drm't know for aura, but A thought as nut of thlccy hole there come a word a pass n shouldn't say. Report of Good Haatarltan Hospital. Tha report of the Good Samaritan Hospital for the month Just past, is aa follows: . . ,.','.? :.':. ,h'-'' Patients ta hospital May 1 T Patients admitted during May a il Patients discharged during May , .. ' t Patients in hospital May 11 f Days of treatment . . . i . . Ill Operations . , t. .i,.. i. 7 Deaths -.. ., .. I Oat door cases . t i . . . . ' t Treatments t ....'.. .. .;. $w r ft k A Mftt a kr 6 If V Matron. NORTH CAROLINA COTTON YAIIX& COTTON GOODS, AND COTTON WASTE. cohon New York, June 2. In reply to many Inquiries I take this means of stating that my Vlewa with regard to the future of tbe cotton murk-t have not changed. Disappointment due to thn fart that May contracts In New York were not cornered, haa led to a moat Il logical selling movement. No May corners were ever contemplated or Intended by ma I so pupllcly stated on the 22nd of March. The selling for both short and long account that anticipates a decline In connmiuence of the government report to b- pub lished on Monday la, in my opinion, most Illogical and likely to rust those engaged In It dearly. Providence, not the government, makea the cotton crop. The world needs twelve mil lion bales of American cotton next year. The South haa never but once produced a crop aa large as this and even that crop of fourteen mil lion bales waa marketed at an ave rage price of 9 1-6 cents per pound. Including this crop for the past four years the South haa marketed Ita cotton at an average of 10 7-8 cents a pound. Tha demand for cotton Is dally Increasing at a rate ao marvel ous as to guarantee the amount ab sorbed at 10 centa a pound of anv crop the South can produce, how ever large. It took practically all of 32,000,000 acrea and unoaralled weather condltlona throughout the entire season to produce tha crop of two yeara ago. Kvan the meat bearish statisticians do not believe that more than 10,000,000 acres have been planted this year, and from such an acreage, judging by tha past, there Is but little prospects of a crop sub stantially In exceas of eleven million bales. Spinners both In America and Eu rope are taking advantage of the present historical selling by the South to secure supplies for months ahead, and these merchants and planters in the South who are Bell ing cotton at present prices are un necessarily sacraflclng Its value and disposing of cotton at 10 cents a pound, for which. In my opinion, they will shortly be able to secure 11 or 12 cents. Bear In mind that thla aeaaon's crop of practically eleven million bales haa been marketed at an ave rage of 11 1-2 cents per pound, that the crop of 1(04-6, practically four teen million bales, was marketed at an average of 9 1-8 centa. that the nop of 160S-4, of practically ten mil lion bales, waa marketed at an ave rage of 12 1-4 centa, and that the crop of previous aeasana at aa-ave-rage of 10 cents. Mr. R. M. Miller. Jr., who Is him self a spinner, and president of the American Cotton Manufacturers' As sociation, In a recent address, aptly summarlaed the situation as follows: "I believe that tha day of fire and six cant cotton la gone, because these figures are now below the cost ' to produce It, because the Southern cot ton planters holding the key to the situation will demand a greater price because the old theory that ten and twelve cents cotton would curtail consumption hns been exploded, ex cept for a short time during the sea son 1903-4 the past few years have aeen reaaonaDly high prices , and tha large Increase of spindles, and consumption during this period. Is not therefore inconsistent with high priced cotton. Within the past twenty yeara oar consumption de mand haa Increased nearly one hund red per cent, and this Increase has not checked, but to the contrary, aeema to have been quickened of late by the high priced ray material. New mills continue to multiply, and especially la this true during the past year In Otd England and tha South. It la est am a ted that mors than 6,000, 000 aplndlea have been Installed In Old England and possibly an equal number In America, during the year all of these too In face of ten and twelve cent cotton." (Signed.) THEODORE K. PRICE. The Piedmont Hprlns Hotel Open. The Piedmont flprlngs -Hotel, near Winston-Salem, haa been leasod by Mr. J. M. Ooddard, of Fayettevllle, for a term of yeara. Mr. Ooddard is an experienced Jiotslllst, who la quite wall known to many North Carolina tour ists. The summer season at Piedmont Spring's opened June 1. O. Howard Wilson Tforrle Sella r ;,.,"' ' -MEMBER Of ' ..' ' Kew Tork Cotton Enchanfe -Nsw. Terk Coffee Exchange ' New Orleans Cotton Exchange ' Uverpool Cotton . Ass's Ltd. , FERNIE, WILSON ; CO.;, ; COMMISSION MERCHANTS v' 3 leaver Street .Xew Tork Prompt Attention Given to the JCe !,'. . ieutlon ; ef ' Orders t on the i. ::- ".. : Exchanges. ':.''' " '' conncsrbNDicxcn - solicited. ; j COTTON MILL MACHINERY. wain orrievi OUTH TNYON T.. CHAIUOTTtT, N. O. Revolving Flat Cards, Railway Head, Drawing; Frames, dplnntof Frames, Twisters and Spoolers Qulllers and Reels, Looms, COMBERS ETC., ETC. CAT LIN & CO. Cosnmlsalosi SderoUauata 845 and 317 Broadway New York Boston. Philadelphia. COTTON YABNS. All numbers, Skeins, Warps, Cops and Cones COTTON GOODS. MILLER & CO. BANKERS AND BROKERS. 29 Broadway. New York. Members: New York Stock Rxchange. New York Cotton Exchange, New York Produce Exchsnge. New York Coffee Ex change. Chicago Board of Trade. New Oileuns Cotton Exchange. New Orleans Board of Trade, Philadelphia Stork Ex change, Liverpool Cotton Asaoclstlon. Executive orders for the purchase or sin of cotton, stocks, groin or provis ion for cash or on margin. Special attention to orders by mall. 'Phone or telegraph. Branch Office: Rooms t. and T Con yers Building, Greenville. 8. C. r. B. ALEXANDER. ManRger. Manufacturers and Jobbers Frequently find It necessary to have Banking Facilities In ad dition to thdse offered by local banka. THE First National Bank of Richmond, Virginia, With $1. 250.000. 00 Capital l. 000. 000.0 Deposits 37.090,000.00 Total Resources Offera Just the Additional Fa cilities Required. Jno. B. Purcell, President; Jno. M. Miller. Jr.. Vice Presi dent; Chas. R. Rurnett. As sistant Cashier; J. C. Joplin, Assistant Cashier. i COTTON SEED OIL $ and Oin Machinery NOT IV ANT COMBINATION OR TRfST. Complete plant from fifteen to two hundred tons capacity. Spe cial small oil plants for gin neries. Complete cotton gin ning systems. E. Van Winkle Oin and Machine Works, ATLANTA, GEORGIA. HUGH MACRAE & CO., Bankers Miscellaneous Southern Securities WILMINGTON, N. C. Washington, D. C, 408 Colorado Bldg. Cotton Mill Stocks RICHARD A. BLYTHE, Commission Merchant. COTTON WARPS AND TAHNS. No. Ut Chestnut Street. PHILADELPHIA, . . . . PA. A. D. SALKELD & BRO., COMMISSION MERCHANTS 6-73 Leonard St., NEW YORK. COTTTON TARNS. WITH Fred'k Vietor & Achelis. WM. D'OLIER & CO., COMMISSION MERCHANTS (COTTON YARNS Third and Ctirstnat Sts. Mariner and Merchant BUlf. P1IILAHELPHIA. PA. D. A. Hurley, BROKER. Cotton, Stocks; Grain and Provisions PROMPT EXECUTIONS. No Interest - Chargsd on Stocks. P, O, Bos i. We I'ejr Telegraph Tolls. ItOClC HlUi V - S. C. " BOND DEPARTMENT WACROVU LOAN 1 TRUST WANt; WINSTON-SALEM, N. C, .-, v . BONDS AND STOCKS. : We Invite i correspondence from i parties deslrln to buy -or sell. s- .,. .' y Our f- Hat ot Investment J . mailed .iipen application , j y r J5 Stuart W. Cramer, ENQ1NEER AND CONTRACTOR. Slubbers, Roving; Frames ,- "M- 1 fan intermediates, Jack Frames Greensboro Supply Company, t.itKr: Mill Supplies and Machinery Motors and Dynamos, Steam and Power Pumps, Gasoline Engines, Iron Working Machinery. Wood Fibre Plaster Machinery. THfBR0WNLLC0.sni2inr Direct Representatives JENCKES SPINNING CO. PAWTUCKET, R. I. COTTON TARN SPINNER8. CONVERTERS AND DEALERS. Correspondence Vlth Southern Sptnnet-3 Solicited. O. n. ROB BINS Complete Equipment for Cotton Mill, Power Plants and General Machnorv. CHARLOTTE, NORTH CAROLINA CROMPTON-THAYER LOOM CO. WORCESTER, MASS. FANCY COTTON AND GINGHAM. TOWKt DAMASK. QUILT. CAESIMERE. BLANKET LOOMS. ETC. DOBBIE3, BOX MOTIONS, REPAIRS, ETC SOUTHERN omCBt CHARIiOTTK, N. C ALEXANDER & 'GARBED. Managers. If You Expect to Buy Gin Machinery for 1906, Write lis at j Once for Our Catalogue and Tell us Your Wants Continental Gin Company CHARLOTTE N. C. ! HIGH-GRADE SPINDLE, 0 Scourro licit Oils and Greenes, I.uhrlralliiK GrrMa, Kcady-Mlird Paints, j (old Waicr Paints. Agents Wattles' Iroaliti Compounds. ! GEO. B. HISS OIL CO. CIIARLOTTK, N. C. J. SPENCER TURNER CO. COMMISSION MERCHANTS. OFFICES: New Tork, Philadelphia, Chicago, St. Louis, London, England. Yarns and Cotton Piece Goods. PAULSON, LINKROUM & CO. Cottom Yarns 8T-SI LEONAItl) STREET 1X0 CHEKTN CT STHEET 310 MONROE Rl'KKKT - BANDY & TERRELL, GREENSBORO, N. C. Consulting-, Hjrdraullo and Sewer Engineers. Plans and estimates for power plants and sewer systems made on application. Bandy A. M., Ph. B. Assoc. If. A. M.. So. C. E., and Terrell. C E. Renaater. ESTABLISHED II 10 C. P ELLIS & COMPANY Cotton Commission Merchants MEMBERS Or- The Hew Tork Cotton Exchange. New Orleans Cotton Exchanga. Liverpool Cotton Brokers' Aaaoolatlon. New Or leans Board of Trade. Cotton Exchange Rulldlnc NEW ORLEANS Special attention given to executing ef orders In contracts for future de livery of cotton In all the markets, CORRESPONDENCE SOLICITED. HUBBARD BROS. & 00 J si s e w w mm w weimBie eies w la UEMBERS Of Kew Tork Cotton Ei. change, . New Orleans Cetton Ex change, Associate Members Liver pool Cotton Exchange. 1 ? ORDERS flOUCITBDEor the pur. - chase and sals of cotton for future flellvery .vwreapwdene' ; Correepondence Uvlted. I )ANCH OPWICn COUITA6ILI UILOIN. -A.f. ATLANTA, G4 Automatic Feeders Openers and Trunkt I t 4 ; , Breaker, Intermediate antt'f Finisher Lappers, V ;;;;' Kirschncr Carding Beaters, f ; : 1 n rcaa ex traciars, - j - Waste Pickers, etc Raw Stock Dryers, '1 ETC.. ETC. -nouo. x. t' Dayton. Ohie LOOM, ENGINE AND VALVE j - NEW YOUR PHILADELPHIA - . CHICAGO HAYWARD, VICK & CLARK Cotton Commission If Arrftortfe L lllCIUiaiiU. johh w. rmes i i tvmuresf-SMtx.aC, v. JAMES E. UITCHELL CO. COMMISSION IliatCUANTS. Cotton Yarns and .Cotton CONSIGNMENTS KOLICrmiK Phlladrlhla, 133 and 12 Clirtnut : L. If "JT!.",' r. ilPlllillilf US ) .1 " iVji ,.;. ' . ji . v. , V ft '-. - -- ; V . r - ' ; i 'f ' "; ' ) - '1 tvn A ve aa Mweiejp wsea a. a vr -.'ill WO.: I: W? Jy
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 3, 1906, edition 1
11
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