Newspapers / The Charlotte Observer (Charlotte, … / Feb. 3, 1908, edition 1 / Page 9
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CHAELOTTE DAILY OBSERVER, FEBRUARY 3, 1903. COMHEECE'AKD FINANCE EXCOCHACIXQ FACTORS NOTED Show of -Resistance to Cn toward Po velonments , by " the Market Re garded as Testimony to Kxlstlng - Coolidcnco In the Outlook Bank Closlnff Aoceptd With Compara tive Kquanlmity la the Financial : District Dullness and Heaviness in . btocksv .' -i 1 1 New fork. Feb. 1-The sluggish and " Irregular movement ot price or seeuM - ties last week baa the reflection of the Indecisive sutude of speculative opinion toward the immediate outlook for busi ness.. The market ahowed resistance to several untoward incidents or the ween and while this was attributed to meas ures of benevolent control by large bank- in and -capital Interest a, these measures were accepted as testimony to we con. A ndenee existing In the London outlook. J he pronounced ease whlch( bos develop- ed:i the money markets all over the worm, affords facilities for taking on se curities, but there Is no, evidence that thette have been taken advantage of to an -important extent outside me proiec ' tlve measures by those supporting the . murKel. - uutsiae operations, iiiruusu rnmmlmdon houses, have been at a low Htage, and the professional element has been discouraged from taking part in ; operations by the growing perception that-transactions were largely contlned UBM.uul.rA- Tm .Via ifAnlitiira In kwinHa at the stock exchange there has been an Increase in activity and a tone of ' strength that has been accepted as one of the most encouraging factors in the - slf tuition. ' " The closing up of several ot the minor banks In thMew yorit , clearing nousn during! the week, - which were assisted through the autumn crisis, was accepted with comparative equanmlmity in the financial district. Conditions affecting 1 thoKe banks are seen to be peculiar anu such as do not Involve the general bank ing situation In New York and the de cision that it was not necessary tu carry thentwftirther, merely for the - purpose of saving the other banks from the pos- , sible shock or their closing, gave an im- prefwinn. of confidence in Hie restorj.i feeling Of truKt In the general banking position. The publication nt W'asI'ltis-' ton of the government's ,'a", ol pio cedtire for enforcing a diHi.mion of tho rHafrlinun railroad rrerner and the sub Lanrn of the PresiiUtu'H measiUM In ad vocacy of a new einp'oyeiV llautllly law brought a new mnue:i;.e it oear on mo m k market' and ..'inubastz'jd I he 3ull ih and heaviness tf its lone. CLEWS' FINANCIAL IF7ITEK. . Conditions In tlic Stock Market Are Komcwliat CoulJlcting Stocks Show . HurpriKlng Resistance to Vnfavora- Ue Developments The Future More or Item Uncertain.. Correspondence of The Observer. New, York. Feb. f. -Conditions in the stock market are somewhat conflicting. H forks show surprising resistance to un favorable developments: the latter hav ing been no largely discounted by the previous declines, that easy money prov ed -not only a very strong support agalnrt renewed depression, but a power ' fnl stimulus to higher valuations. The great increase In monetary supplies, which has been so often predicted In these sd vices as an inflationary ele ment. Is now having its effect, and laraly accounts for the market's resis tance to discouraging news. This week further Improvement hns taken place in the monetary situation. Funds are re turning freely from the interior and coming back out of hoarding, raining the surplus reserve lust week to fa7.ttf,0(i0 and with the prospect that It will go still higher before the limit Is reached. A similar state of affairs exists abroad. the reserves of the great banks of Kurope also showing a rising tendency. There has been a world-wide cessation of speculative uictivty;, tiUmmore-ior less recession In general trade and Industry, with the Result of greatly diminishing . tne inquiry, tor loanable tunas. This de cline In Interest rates comes at a most fortunate time and has also exerted a strengthening effect upon security values ' In the foreign markets. British consols have shown an unusual advance and are now quoiea nt m. a recovery or over .points. In this market the effects of easier money have been most notable In bonds. Since the first Of January ' It is estimated that bond salra have in creased fully, 25 per cent., wftile trans ' net Ions In stocks have declined nearly 50 rer cent. There hns also been a good investment demand for preferred Bnd guaranteed slocks. Lack of confidence baa had -considerable to do with turning the Investment demand In these dlrec- t ions., si nee any business reaction which . may have to be endured wil. fall entire ly unon the common shares 01 railroad and Industrial corporations. The comparative Indifference of Wall Street to reactionary commercial condi tions outside is easily explained. The stock market situation has been greatly Improved by the tremendous liquidation of 1W which not only, discounted ex cesslve speculation and credit abuses cul minating in that year, but also very . largely dincounted the probability of a commercial Htid Industrial reaction In J!i"K. No one now questions that we have entered a period of btlslnnvs depression. It is only a mutter ns to how fur and bow 'long It will continue. - Production la now being actively curtailed In all the leading industries. In Iron, In textile. boota and shoes, leather, tobacco and manjr other . industries there has , been more " or less curtailment. Prices, too, are now receding, . although by meana of trusts and combinations of various kinds strenuous effort is being made to delay readjustments. The rlast report of ths steel trust was perhaps the -most striking illustration of industrial reac tion. According to Mr. Carnegie's cele brated axiom, steel has suddenly dropped from "prince to pauper." Tho unfilled ordera on the books December Jlst were given at 4,6.U,OoO ton's the smallest' total of any December since ISul A year ago the total of unfilled orders was MS.(mi tons. Ho severe a 'contraction, which was a direct result of the panic, can hardly be expected to continue indefinite ly. Now that the railroads are better able to finance their requirements, the demand for steel products should before long begin to Improve; nevertheless, old time activity need not be anticipated. Railroad earnings are plainly feeling the vunnKage in iramc. Movemoer returns showed a gain of about S per cent. In gross earnings, while net earnings de creased Ji per cent; and December re turns are expected to be still more un favorable, home authorities estimate that at least 300,000 cars are Idle in va rious parts of the United States, while others stale that these figures are con- siueraDiy underestimated. Kuch inci dents are merely oiled to prove that busi ness reaction Is a reality and not a nr- ment of the imaginaion. They mean that commerce ana industry must go through a Process of readluatment nmiwhif in keeping with what has taken place in securities. The readjustment will be much less severe: In commercial circles than it has been in finance, because the latter was honeyoinbed by excesses and abuses which have no counterpart In in dustry or commerce. Hence the read justment In general business will be mucn less acute than In Wall Rtreet. The only cure is to get back from the abnormal to normal as easily . and as early as possible. This can only be done by contraction. Demand has already de clined for reasons well understood, and prices ars receding in consequence. The next -step will be a reduction in costs of production which would inevitably i-suse mors or less rrtctlon, especially In urn niHiier ot reaucina wanes. with easier monetary conditions, however, and more normal conditions as to. prices and Wages, the wav will be caved for an early resumption of industrial activity ti uii ine innniionary tm-ils ot 1VU7, but on a lower and more stable level. Much will depend upon the outcome of the crsps and the election. If these prove satisfactory, and If the process of read justment in business la tint unHniu im peded by combinations, we may look for Bii IME Em Spinning Framed for coarse numbers. ' ' Can dispose of several thousand spindles. Prefer 2" and larger rings. . , Giye full' particulars of what you offer. ' Stato actual condition, earliest delivery, and lowest net price. Could also use large ring twisters. ...... GREENSBORO SUPPLY CO. GREENSBORO, Ni G. COTTON MILL. MACHINERY. Stuart W. Cramer, '" : ENGINEER AND CONTRACTOR. MAIN Ot tlOgl ' OUTM TRYOhf ST.. CHARLOTTE. N. O. CARDS QRAWIX3 FRAMES MASON MACHINE WORKS "COTTON MACHINERY TAUNTON, COMBERS . J88 MULES LAP. MACHINES LOOMS SOUTHERN OFFICE AT CHARLOTTE - EDWIN HOWARD, ACCNT. " Revolving FUt Card, . Railway Head, Drawing Frames, Spinning Frames, Twbters and Spoolers Quitters and Reels, Looms, C0MBER5 . ..'..: ETC.; t - aRAsjesi osten eaUITASLI BUILOIwa, ' ATLANTA CA ETC Slubbers, Roving Frames Intermedlatea, Jack Frames . . ETC., ETC. Automatic Feeders. Openers and Trunk, Breaker, Intermediate and Finisher tappers, ; fctlrschner Cerdlng Beatart Thread Extractors, Waste Pickers, eta, Raw Stock Dryers HOOK AND ROGERS -ARCHITECTS CHARLOTTE, N. C. HERE AND THERE. in BY TKOJAN. The confusion brought about Improvement at a comparatively early N0rth Carolina by the Lezlslature ab aate. Any lnterferencn with natural I . .unifi will siuipiy proirsci, II DOl in- I Buruillg iwi. XJi.ii B uwvu iik. O ' On The-sToorehan,. the recent bank ,nt0 the business of government failures and troubles In financial instl- control of railroads U. la evidence LV.. .n." ha. ,,ttle fWect- Thess were sim- that It does not make a first-Class Sari of ?he'i housec'nlnK thoS Pnger ant. If I were to build undertaken. The local banking situation a railway 1 would prefer men like has been Immensely im tiro veil nn.l la now fninn.l Anrlroia Henrv Pace. 8am Vhe fa?t That rnJ ? thdlirSffi S 6am 0t f thM 7h"?rnT: created by the panic are only now com- know the business from the ground Ing to the surface. . fihnnlil unv mp n n tn fiin It fnr me rather than the nowV.fr"" i Z'KJ. Legislature. Members of the Legla- bankina situation in fi.i. A.Vv " lature are all nice, able men ana control are fully determined to eliminate probably know well how to keep the weak features and raise tha stan- their own affairs In proper shape, but tnr?.".,?.,I?n,i1.f Knid"AKNewYork wnen taking up railroad business and bank management In this city will fall relieving experienced men of the de upon men who as presldenta and dlrec- I tails they miss the mark. Certainly tors stand liiifh. rmt nnlv . u .... .i. I . . , . . i a. , x i. tr, abllitv. but whV. Vi"'."" t la a'" c.iuus.. i.i .,u.w. v..- . " - ' iruiniMMi i iir lit i , , . - lexmy and di8.ntftreBtPdnes will be be- ,inm ' - t f ' ' w. ' ' nave had one srooi ffttt in thi i .,iu I tt.ha nt Kmno-Kt nrsmnt rrr- o7Znnk1nV"nethlse Xr iW Monm to pass that It was a demand Sentrs oi thi world. t,le 'eC""1 banllln of the people for lower passenger ine ruture of the market la for the rates. There is a gentleman of tne DAILY FASHION SERVICE present more or less uncertain. We are I fnrm l living hear Durham. It must not be lost mvht .f that o .nh. VAaPl nna man flnlmlrif tVtAt nnflRpn- Swi'd"..:,iaallT,'Jr.,ak,I pM r rates were to high. For three llauldation in mv L1" ; yearn, beginning with 1903. I was con- has been greatly facilitated and manv of stantln on the road traveling for the hiv. i V bou".t, elieck the panto Ballard Flour Mills, of Louisville, Ky. lnder ordinal Vn:0." I knew hundreds of the traveling men possible td cnrrV' th nmrirbi' i .',n, I and ,many people who traveled octa- lileher level, but iniihiin. - . I 'bUnllv Tn all lUat Hm. T X.v.r .M. hi "J!0"'11 "evelopments out- heard one complaint that' passenger Swn?rywrd.BKrtn.raa1S3 were """v- Commerclml Industrials. Tills leaves the market vrv wen usually carried mileage books, " L. i iu cunauions. jso inai cist z i-i cenis per. mne ann white aVdiS33 EtTS "J?L J"t bow. many heads of families, for the tise AiXz of member, of the family, bought conditions active trading In stneas should family mileage books at same rate, revive, and tha htt.i- v. . c . . v. MnnAWA i v. n. i will nn Hnnhi .j J. V "innuM lira yrm t ui iinirosc auu 11 "iiru 5"UoSrfcinj: bscV. their money for the tho .im 1 V., L ' " "-"I '". view -J rArllnn nf tha hnnk T la tn of the stronir 'h.nvi .VJ.-Y,ew unused portion of the book, evidently being accorded. The President's be hoped that the plan suggested by jn8saKe contained little that was new of Governor Olenn will vet be endorsed in mirianm. si rtn uaa . ...it a reiteration of hl former fKwItlon Its I the pre"ent Xtra e8!"n , J vvnifniiy to silr Coh grss Into action: something verv dim, Before the agitation, the , railroads 1 V.. ..I . 1 n 4 Clllf In jn ( ,. I -"Mrouiiiiu very ulnl- 1 crw UUIIIH mine uu.nir.-o, j.n-mjr denUa election' "ZZr&JvS- twin-.' -plenty of work, Increased sal- a-JU4 a . ili t.nri w I .. m . . ' ' i oriPH rrp mninvps CHARLOTTE COTTON. owTnn.RZi:pT".cnt 1h8 Prt'! taken off; salaries cut Good middling .. Mlddllnir .. . How Is It. now? Department entirely abolished. Old and faithful men on the sheep; trains employes dropped by the score and a general iz' I fAAlIno' '."if iinrent nmnnp thnaA vfin - Charlotte Prod nee. (Corrected by K. IL Meld & Co.) runer Chlckens-trlng .... '.'.".,"'1 t ucks ... Erks .. ...... " Ooesc per head .. Hens per head . " lt.rl.ey-rr it ... ' 11 I are still able to hold their Jobs at reduced pay. -ine wnoie arrair is a pity. But we look for better things on the part of the majority In the Legislature who now se the mistake and are unwilling to eommit the same error twice. I wan 20 Q tc la 4H OM (Corrected dally by Cochrane-.VicLaugls Rve Corn .., Cotton seed 3IISS TAYIXMfS LESSONS. In contemplating the ' present pro hibition status does it occur to any one to think about some of the old guard who still remain but are not In politics? Wouldn't It be a fine display of magnanimity on the part- of con ven magnates. If now In this day of triumph, they should recosrnlse the old guard who never wavered In their orlnrlple and always ved the prohl- htttnn ticket TTvi.n tt'Vion tnM h.r lH.1. Miss Main lei nay. Writes In Eiulorc. I Demooratlc friends that thev were mem oi rani's or Iilblft Ii(HHoiia I throwing their votes awov and endan lug Given In the City An Opportn rlng the life of the onlv true partv nily Of Which AH KhnnM ..uL th. Thrmsclves. ' Scribe Is only writing a little hit of To the Bditnr of The Observer: I history and not f r the purposo of The course of Bible lensons now h. throwing off on the valiant modern Ing given In Charlotte, of which Miss prohibition leaders who now see in It Angy Manning Taylor, of ,New York, I no menace tf party supremacy. is ine teacner, la one which If Is to uo DacK to tne old aays. .Not- so me a privilege and a pleasure to com- I many years, either, when the prohl- menj most highly, especially to thelhltlon party was guided by such men women of Charlotte, and tn nrira that I as Dr. Benbow. Ed Walker. Edwin . in larger numbers they take advant- I Shaver. Dr. John W. Long, James II. age or this opportunity of stud vine-1 Bouthgate and others whose names the Bible under so capable a teacher, might Be mentioned. Patriotic. Chrla- Thls appeal Is made especially to the tlan. successful men. They were calN young women of the city who desire ed cranks. Put it is the main crank an intelligent and beneficial under- of these cranks that Is turning things sianaing or tnose portions of the Bible now. Then what? Why make Dr. which constitute Miss Taylor's sub. Lonir Oovernor and Jim SnuthatA Jects during this week. The attend' United States Senator. . Of course I ance upon such a course of lessons as know it will not be done, and neither mis nas in many instances marked! of the two wants the Job, but I am the turning point of the lives of young just talking about the fitness of thlnm. women Into the current of consecra n vnu knnw rr t-nn? Whv hn h.. tion and great usefulness In tho world made prohibition speeches before the and no greater good can result. Statet Medical Society and still lives In ether Southern cities where MIaal,i hi i ik- on r,,,., m.A Taylor has conducted Bible classes Xrxt him lonr life to keep at his dnHing the past few months she has glorious profession. ' -been tieard by several hundred wo-H tv, ,hr. i. nm n,its.i sorniEn.v cottox hull stocks! v i , ' 2133 - r wLfluiau GOWN. V Parii Patten n. uu p v lt Seams Allows. Aeamfortableloonglnrtowa Ha e,ty xJ;llouJd .t ones nd Uror. twloped ehel'otrP-halU.or erep. eloth ,ith d.rn ol parol. rrhd. ths edges of tb. rf, T? ,nd bw"olR fi ars trimmed c whhlnjertioo nd eded with rufflsd beii V ta ,ilk t"" Ckl-T r rarmeotUdreMy enough for a tea-town The patteral I. lD 4 x 0 ,n(, - bo For i8 bnrt. the gown require, , Hysr.it of Btw1l20lnehe.widl0!l4rsnl5 v. :,; 7 'ar 1 y wid. r r.ri. n rnnnt to trim. . ; . Pries of tura. W cents. ' r-impiy give nnmner or rtattrrn yon i desire, uc cnt rmt Illustration mtut mail It Willi JO cent, eilver nr ' stamps, to Tlie fObserer, L harlot (, V. C, Fashion Dcpv men at rvesy lesion, and requests nave already come to her to give sec ond engagements this year in those cities, so great has been the Interest created In Bible study.. It Is to be regretted that so few women In Char lotte have so far taken advantage of this opportunity, and It is to he hoped that for the remainder of the time Miss Taylor -will oe here she will be heard y large audiences, and with beneficial results."- , - MAMIE BATS. Charlotte, February id. 1901. .1 SAVK MONET BY BfTINO CHAM BERLAIN'S COCGH REMEDY, Tnu will pay Just as morh for a bottle of Chamberlain s Couch Remedy as for any of ths other csugh medicines, but you save money in buying It. The saving i In what you get. not what you pay. The sure-to-fure-yuu quality Is In every bottle of this remerl, and yon get good results wheif you take It. Nealected colds often develop serious conditions, and when yoa buy a rough medicine you unj tn be nre yon nf getting one that will cure your cold. C'hsintierlain's Coush Rfmedy always cures. I'rlc dJl snd fci eenfli a bottle. For sale by W. L. Hand 4t Co. a Senator he would be! Dignified, fully informed. on all subjects, clean In life and Th.trarter and the best public speaker In the State, polished as a marble shaft but warmhearted as a child. These two belong to the old prohibition ruard and are begin ning to see materialize what they have stood for all their lives. They will both excuse these remarks of frlnd. But t wanted something to rite about, and thev are good sub jects fsr beyond the power of my pencil to do Justice. But does It occur to you that .It I 'unny hor manr rartv men of to-day Vave reaTlv a1ar been prohibltlnn Mta. ftuch Is life. . . SMPf .V, REMFPY FOTt C.IlTPrK La . Orlppe eoiifhs are danirerous as they frequently develop Into pneumonia. Foley's Honey and Tar not only stops the conch bul heals and strenathens tFie Itings so thet no serious results need be fesred. fti genuine Foley's Ilonev snd Tar cor.mins no harmful driiKs and is tn a yellow package. Refuse sutetl tntrs. n. H. Jurdaa Co. and W. U Iiand Ca Abbeville .. .. : .. .... Aiken Mfg. Co... American Spinning Co. .. .. .. Am. Warehouse ptd.. Spray. N. C. Anderson Mills .. .. .... .. Arcade.. .. Arcadia ..... Arista Arkwright Mills ,. Arlington Athorton. N. C. Avon ., ., ,. ., .. .. Avondale ..... Augusta, Ga. i;oiton.. .. .. HIM) Bonnie .. ,, .. ,. tirundon BrogaB Cottoh Mill! Brcokslde . . .. .. .. Moomtield.. ... ..... 'JabarruH Cannon Mfg. Co. Cunltnl ritv. rfd Chudwlck', preferred Chadwick, N. C, (:h.;rryville (.'hesweii, H. Ui ptu.. .., Cheswell. 8. C. Clara... .. .. ... ... ... Clinton ; Clifton -com , Clifton, pfd CllffsidB .. .. , Chlquola Cotton Mills .. Courtney , . -. Con verbs Mfu. Co Cherokee Mfg. Co. .. .. Columbus Mfg. Co. ., . Cora .. .. ..... Coxe.. .. 1. .. , Darlington i. ...... . Pallas 'Mrs;. Co Dover Yarn Mills. N. C. Mrayton. .. billing .,.., , Ullion . ... .. .. Kncla A Phoenix . . Enid, N. C. .. .. a. Klinlra preferred.. .. .. K.-isley ., ., K1cnton. N. C. Enoree .' .. Enoree, preferred .. .. h.rwin, pru.. . Eureka.. .. ',. .... .. Kx posit Ion . . Fairfield .. Florence .. ,. lialtnry Mfg. Co. .. Gaston Oluck Glen wood tlen Lowery, pfd Oranltevllle, S.' CV. Gray Mfg- Co.. .. .. Urtndel ,-. .. . Ovcenwood... Highland Park '. HI 1,-1) land l'ark, ptd Hartsvllle , Henrietta Mills Hoskins Hoskins preferred .. .. Inman Mills. H. C... .. ... John P. King, Mfg. Co. Kecler King's Mountain par 60, Knnxvllle Cotton Jfllls.. ., Lnncaster Cott in Wills . nnenster Cotton Mllla. Lnnett ... Loryley Mfg. Co. .. .. .,. .... Lfiurens.. .. . .., Linden, N. C... .Ii srty .hiiestono ... ... ... .cckhart. S. C nmv Mills preferred .. . Loulss Mills, N. C. Louisa Mills preferred ....... Lowell I.umbcrton .. .. ... Msrlboro Cotton Mills Manchester Mills .... ., Mills Mfg Co Mills Mfg. Co. pfd.. Modena Cotton Mills . . Mollohon . . Mononhsn .. .. Monara'li. H. C -.. . Monarch. U. C, pfd Mooresvllle, N. C. Newberry Nokomls Norris Mill OlympUi nlllls. r'd Orr 0U11 Mills Oisrk ' . Paeolet Mff ... Pacolet Mfg. Co. preferred ... Hee Dee Pelzer Mf. Co Piedmont Mfg. Co... ...... fleiimont VV-igon Works .. . Pell City, Ala Poe W. r. Mfg. Co Richland, a '.. prererrco ... Itoannke Mills.. Raleigh Koueruel Richmond Spinning Co, .. . Riverside Mfg. Co .... Rock River . Kaxcn .. .. PU.Iy, Os Soclni Circle Sfirlnrstelu itntesville Cotton Mills Salisbury .. Trenton, N. C, Tryon. N. C ... Tucapau, S. C. - Tucapau, S. pfd.... Tuscsrora.. .. Toccoa, Ga .. .. Toxsway Cnlon-HufT.lo. 2d pM7 ... . I'nlon-Buftalo firslp referred . Vance,... Victor Mllli. A. C Walhalla. S. C ..'.I Varren Mfg Co. pfd Wfishlncton Wills .. Washington Mills, preferred. M'atts ..... ... Woodslde W'ooiiiude, pfd ..- . Williamson Vnre Shoals - .. Whitney ..... "... Wlscassett .. .. ' Feb. 1 Bid Asked 1 M 140 151 81 71 ... 101 mi 112 118 16S , 98 TS 77 Ill 131 123 1:15 ' 50 lil :as l!t 130 176 FRANK P. M11BURN & CO. (I ARCHITECTS " ' T WASHINGTON, D. C JAMS E.MITCHELL CO. COMMISSION UVRTIUviv Cntton Yarns and Cotton Cloths. COKSlOKMKNTa nonnrrn Philadelphia. J2f and 13 CTicstaat 8t Boston. IBS Bvmmmr fit. If aw York. So. 71 feoard g. JoriotM. M ft Traoa Hu TURNER COMMISSION MERCHANTS OITTCESi Kew York, Philadelphia. Chicago, St. I4ula, Ioadoa. Eactaad. Yarns and Cotton Piece Goods. ' ' JENGKES SPINNING CO. COTTON YARNS Mala Office) 1 PAWTVCKT. R. L Phfladelphla Offlrwt Mariner A Mcrcbamj Bafldtod W. A. BPELLISSY. Manager. Ponthera Lire Bcottish W 130 1M JO 117 100 - 100 2S , 120 100 11J M 131 136 317 05'4 lot .JO 76 101 L4 140 RINK STOCK. Atlantic National .. Pattery park. Achcvllle .. .. Charlotte Trust Co. 1 . 1 - Kaffnn.l II n utnn 111 Charlotte National Bank Commercial, Charlotte .. .. .. Cnharrus uavings imih ytmr Kv.i'irtrTal. Chnrlotte.. First National, Morgatiton .. Flfst National. Mlg'.i Point .. Merchants & Fanners', Char lotte Pslmetto Bank sn T"JSt Co. I-eople's National. Winston .. American Trust Co .. .. .. Southern ln oavmas r , t. rV. . rtntt. Wilmington Havings A Trust Company.. ;, Wachovi I T. Co. American national, asnevim K PONDS. N. C. ta. 1919 N. C. 4s, 1B10 A. T. & (U s. IMS M n 1. Int. added. 1913 I N. C. R. R. Block ill 100 175 - IU 155 62 - -' 170, NO, - ICS - 1M1 120 - Ill 124 126 170 - 70 - 12ii lll KM 100 -140 151 READ THIS IP XOU IL1YE TO SELL, LIST IT IN THIS OFFER It j-Ott housei or toreg to rsnt, let me u) your collactlns; and ' trouble and worry. Tht (lac to tnanro your property 1 In tbia ggency. i?. E. Gochrane. Inauranc and Real EataU Age- - lOlli William B. Charles COTTON TARNS. COTTON GOODS AND COTTON WASTE. OfBoes Charlotte, N. C Boston. Mass-, and AnWerdana. If. T. .7 Mala Office Amsterdam. N. T. . I to 110 w llS A INSURANCE TOL1CY WT Runa lon"er Ina "e,ns 100 average man than any other contract. ho oyer make. Therefore. It Is necessary for him to exercise the ut VIRGINIA" WOOD HBRE PL4S iTR Tho Plaster that covers a greater number of yards of wall than any similar plaster, thus it is more economical. Let us quoto you . delivered at your railroad station, anji t ell you about it CAROLINA PORTLAND CfflENT CO. Sole Distributors. Charleston, S. 0. rfd. 95 117 99 .61 96 Ill 8S t ltiil 126 151 t2 190 - Ml 105 109 lit j0 iTi ji 107 hM Ui 120 -1 1S 120 7u 107 KM m - . lot v vt 170 176 J"0 . M 1W J.si 5", Ifl 126 ui -T ;1 . 0 most care l felectlng a company. Safety and strength are of paramount Importance. - "The Equitable has never been In a better financial condition than at tho prcent time. Its assets wero neer more securely Invested. 'The Equitable la as sol. vent aa the Bank of Eng. land. Every contract with It will be carried out to tho letter," Write, 'phone or call. W. J. RODDEY, ROCK It ILL. 8. C. - Hi iw no , ro iu i 200 M u sn : . M 130 i - , - z . i . - m ! .'in 121 i , M H m 1 . - M ; V 1 131 ' 1M IN.1RANCE STOCKa Oreensboro Life .. . North Kiate Five i3t Dlle Kirs .. .. ..... 14 Fiedmont Fire.. .. .. ...... . 17S ftouthea.tera 121 - Keeping Open Ilonse j KverylxHly Is welcoms hen w feel . gotKl; and n feel that way only when our rilieeitlv org.tns are working proper ly. lr. King's New Life pllla rexulate l'he action of stomsrh. liver and howei o r-rfM!lly one ran't help fueling ad . when ha uses thee pills. , ZtC. at IV. L. Uaod o.'s drug store. I College Annuals and Catalogues Let us furnish yea with something new In the Col lego Annual lino this year. With our now equipment type, prossea, ste., ws are fully prepared to givt you something entirely different from that which you bavo heretofore been using, if you want something speci ally attractive, gee the OBSERVER . PRINTING HOUSE CIlAItLOTrE, N. c. ThonO 1ST. Cotton Yarims . We are prepared to make CASH ADVANCES, three quarters value to any amount, on standard quality of desirable numbers of warps and skeins, weaving yarns; also knitting yarns' all numbers. Telegrams and letters will be answered promptly. PAULSON. LINKROUM V CO. . Nos. 87-89 Leonard St., New York. - LEONABD L. HUNTER ARCHITECT Fifth Ooor, Trust nidg. Tltono 37a CHAItLOTTE. W. C. HUBBARD BROS. & CO., IIANOVKIt BQCAHE. NEW VOUK. UEUBEHB OF New Tork Cotton E. cnaago. New OrUans. Cottoa lug. cnange. Associate Members Live pool Cottoo Kxchange. OKDER8 SOLICITED For tho pur chase and sale of cotton for fu'ure delivery. Correspondence Invited. A. D. SALKELD & BRO., commission meiiciia vra. 71 fioooard Street, NEW TORS. OOTTOX TARM FredT: Victor & Achelis. Manufacturers and Jobbers l wml and It neresssry to liavo lUuklug Facilities In ad dlllou to IlKwe oOcreU hy local ttaaka. . THE i first Natal Bank OF rJCUJlOXD. VIltGLMA. WHa 1,000.000 00 Capital Earned Hurplos 0OO.0O0.0 gi.iOO.000 0 UrposlU g,0OO,00e.0 Total Iteaooreee l)der JM tlio Adtlitiuaal fn. ctltoes Itequlred. Joo. 11. furvell. 1'rt-kKtrnt: Jao. M. MUlw. Jr. Vk-o lri. dent; Chas. H. liarnent. As. istaat Casblrr: d. C. dopUa, Asalsianl CaatUe. FOR SALE. Chair Manufacturing Plant and Other Property. Py virtue of an order of tha Su perior Court of Alamance County North Carolina, made In a cause now pending In snld Superior CourL,- en. titled L.'1'uryear and others on be half or themselves and sjj other creditors and shareholder of tha Continents! fhalr I'n. Continental Chair Company. I w, on .......,.,, iir, i win, ivos, sell at --'-' mi pe.fi oiauer fjr cash, the following described proD. erty. to-wt: " lThe plant of said Continental Chair Company, for the manufactory vi Ulan, Buusif in Town of Mebantf. Alamanri rnnnu vr w 1 Carolina. This plant Is very com plete. There are buildings, dry kiln machinery, soms manufactured goods On hanf and In nrAr... ... . " unit UUI19 n large lot of supplies. Thla entire property win oe sold as one property - - -y lor tnt manufacture of thalra. The same is In condition to t once be put ; operation. This plant, has a caoacttv vi ibuuku nuourm cnairs per day J A tract containing about sixty acres of land, situate in Melville township, near the Town of Me bane S One twenty-five . horse-power upright boiler. 4 One pair of very fine young gray mules. J One lot of harness and wagens. The sale will be conducted or the premises of the Continental Chair Company. In the Town of Mebane. Alamance County. North Carolina, and will start at 1 o'clock m. bidders on all property will be required to satisfy me of their ability to comply with their M1. and tne sale wilt bo reported to the Superior Court for confirmation, and posses sion and title of all property sold wall bo retained until confirmation of sale ta made by said uixr!or Court. - . , - will be glad to hear . . unU -give further de'ails and ki-ti-uiars to. Interested parties, J. W. CATES. Hecelvsr Continental Chajr Co. Graham. N. C, Jan. 1st. 10I.
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 3, 1908, edition 1
9
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