V.
CHARLOTTE DAILY r OBSERVER, J tll.t 6,
v
COMMERCE AND FINANCE
STAGNATION I?T STOCK .MARKET
:' Frofoand Apathy In Securities Dae to
the Forthcoming Iresldentl4 Cum-palrn-HtoMie
.'.little Demand in ,tUe
. Bond Dirt-ton of the Market l.ar
of the Money Market and Promlf.
Jne Outlook For Crop l 'Sostaliilug
"Factors In the General-filtuiitton.
; New Tork." July 8. It 1o neeeasary
-to go toack he record of previous
years in which preetdenUU lection
hare occurred to find any- paral'el
for the stagnation-in-which "the se
cujlties' market, lay last week. The
dwindling -volume of activity fell by
Friday to total of 71,000 hare'-
There was a perceptible, if alight
stirring of. demand in the bond dlvis
ion of the market In spite of the
profound apathy In the stock division.
TJsual'y such. a demand springs up m
anticipation of half-yearly disburse
' mtents 6T dividend and interest In Jan
uary and July. On this occasion It
was Indistinguishable until after the
turn of the half-year and was very
moderate then. The large offerings
of new Issues which have been placed
on the market In the laet few months
following the success of the Pennsyl
vania sale of 140.000,000 of first
mortgage bonds are held partly ac
countable for the blunted investment
- demand. "
It la obvious that Jack of money
market resources plays no part la
the sluggish Investment demand. The
half-yearly requirements1 In New York
wre unusually heavy, Including pro
vision for disbursements approaching
4200,000,000 subscription payments
for 111. 825. 000 of new Northern Pa
cific stock and withdrawal from the
banks of something like 125,000,000
by tne trust companies to replenish
their proportion of reserves In com
pliance with a newly effective provis
ion of the law. There was besides
the notice from the Secretary of tho
Treasury of recall of 145,000,000 of
government deposits payable by July
lS'th which in expected to converge
hvrgely on the New York banks. Not
withstanding thee large requirements
money on call in New York did not
rise above 2 per cent, and that hut
momentarily, with a subsequent lapse
of 1 per cent. Ians on time carrying
over the end of the year fell to a
I 3-4 per cent. rate. Facilities for
holding securities are thus made
abundant and there is no pressure of
liquidation. The steady tone of the
market Is a consequence, in spite of
the paralysis of demand.
Besides the ease of the money
irmrkrt, the good promise of the
country's" crops la a sustaining Influ
ence on stocks. Confidence In the
crop outwirae was not Impaired last
week In spite of twin unfavorable
reports affecting the winter wheat
crop. This conndenci Jn me progress
f the crop keeps up the hopeful
spirit which Is felt In a revival of
business activity when the crops begin
to move. This hopeful spirit is dis
cernible In the tone of the market re
views and In the expressed views of
railroad traffic official
CLEWS' FINANCIAL TiETTER.
RecoTery From tlie Jall Panto More
Than Comes I'p With ExrxH-tationn
Tlw iPrtM-ewt of Hesxljusunent Not
Yet Ctoiiiplpt cBul .tb Uutlnek I
oooci -.Money .a .Drug .on the
Bfarkvt, Itateti nnlna; Unusually low
Vol Mu h Tolnr In Storks Owing
' to the Holl?y Situation.
Correspondence of The Obesrver.
New York, July S The first six months
nf the year have cloned, showing a de
cree of recovery from the October panio
which fully equals. If not surpasses, all
reasonable expectations. It has been a
period" of somewhat painful convalescence,'
but the Improvement hss been pro
nounced and substantial, and If sustained
for the remaining six months of tho year,
will go fur toward obliterating the effects
of last year's disasters? Of course there
are many unsatisfactory features still re
maining; trade and Industry are restrict
ed, and more or less disappointment and
discomfort prevail In consequence. Vn-
lonunaifiy n cannot oe sain ma m.
vruv rnju.imFi . compile, on-
, n . ii'rii ,,n u n umu.ij nir.Klv 1 flume
directions, and very Inadequate In otlrera.
Consequently the evenlng-up process
mu ft still go on. and additional time will
te required before conditions are restored
to the normal. On the other hand, It I
a matter df congratulation that kiitw
very Important danger ioints have been
ssfely passed: a political crisis lias been
averted; public opinion Is becoming more
sane In Its attitude toward corporations,
and all Indications point to the election
of Mr. Taft as 'our next President. Busi
ness failures have been mucn lss serious
than at one time feared, and tho nr,m
,..ui,, gin..! vui improvement over n
year ago Financial Institutions which
fell under the strain o( the panic have
mostly wsumoo and our banks nre ns a
rule now exceptionally strong. This does
not by any means complete the list of
favorable, developments. So much liquidation-and
housecleaning have taken place
that the financial situation has been
rreatly elarified, although frequently at
the expense of losses and ' difficulties
i Which naturally cloud the vision of those
tipon whom they have lullen with great
severity. A great deal 0 the depression
which now exists Is cqnfined to thoss who
hare borne the brunt of the panic. Those
who foresaw Its coming, and trimmed
their sfls -aerordtBgiy. are In s) much
wore hopeful frame of mind, snd confi-
,"i.,T rin sure, ir siow, sp-f
Xn the stock market activity has been '
a
holiday,- About tlSO.Oon.onn are being dls-
,..trlt)Uta, Itt aiviaer.de -and Interest pay
menis, a inir porxion oi wmcn will as
usual seek reinvestment. This demand
i affords sonvr support to the market for
y bonds, hnt Is not sufficient to offer the
J basis 01 speculation of the kind frequent-
Ir witnessed at this period. Just new the
mi rfcoir-ihougjl- neglected 1 - under- the
- mniienee-of vry ronfiltrtlng conditions.
Railroad earnings are In exceedingly un
satisfactory shape, current reporta show
' " Ing yery heavy declines; and In spite , of
large reductions In expenses net results
are very disappointing. Many roads, it
! s. must" be remembered, have materially In
, creased their obligations by the Issue of
;;, new securities durihg the past year; and
as a result feel the stress of hard times
ioe keenly than they otherwise would
. .fcare done. Whether the railroads will
decide te advano rates or reduw wagea
; fa -order to meet the emergency remains
f to ha aeen. Probably their situation will
be relieved somewhat later, on by busi
ness recovery ;of already symptoms of
7he latter are. In evidence, and the num
ber of idle ears Is constantly deceasing.
When earnings for July, August and Pep
tetnber cqme to be published, tt la prob-
T ; IT CAST BE BEAT.
ThebesJL flfaJLteachaai ts eaperle'nte
P MTHarden. of SIlTer City, North Care.
;lina. aaysj "I find Electric Bitters does
all that4 claimed for It For Stomach!
- Llrer and Kidney troubles It can't h.
beat: I have tried It and find k a most
excellent " medletna." Mr. Harden Is
light; It'a tha beet of all medicines also
for weakness, lame back, and air hin
down conditions. Beat too .for chilis and
malaria. Hold under guarantee at all drug
atorea. Mo. : --
able that jhey will' show much sraafffer
losses than those of the "preceding three
months' which reflected the worst of the
panic so. far as the railroads are eon
corned,.. The crop movement has already
begun.--This will make' increasing -de
mands upon the railroads, -as-well-aa pro
ylding a stimulant, to other traffic. The
, most unfavorable feature la the situation
la the crop situation; too rqueh rain, and
low temperatures during- thsrlast "three
weekr having made eorn very backward,
and caused a decrease In acreage in many
section,,- The -4owlandg, hare, been se
verely Hooded; not -only to the injury of
com, but also to wheat, which may show
a slight deterioration In the next govern
ment report, There li still plenty of tune,
however, for corn ttf regain lost ground;
and the condition of wheat was so high a
month agd as to leave ample margin for
a decline in' condition without seriously
Impairing the fine prospects reported on
Jane 1st. In brief, the crop outlook Is
not as brilliant as a month ago, hut no
serious panger has been done, and there
Is abundant time for Improvement. Cot4
ton actually showed an Improvement durT
ng the past month, and the outlook for
that erop Is as satisfactory as. could rea
sonably be expected.
Money" t a drug; both call and. time
rates being excesslvly low. Our bank
reserves are piling up rapidly, and hav
now surpassed the record,, touching 1400.
000,000. or $120,000,000 more than a year
ago. This plainly Illustrates the desir
ability of -an elastic currency system, in
which we are sadly lacking. Our currency
should now be contracting because It is
more abundsnt than needed. Instead It
is expanding at a time-when not -wanted,"
because regulated by the Dona maraei
rather than by the demands of commerce
and Industry. A.s a result there is a tend
ency to Inflation, which is apt te retard
rather than sccelerate a heaitny ana per
manent readjustment to new conditions.
Thts over-redundancy" uf funds ts a more
powerful element in the security market
than U generally appreciated. Many se
curities are now as high as a year sgo.
and this In the face of business depres
sion and shrinking dividends. TWn can
only be partly accounted for by the spirit
of hopefulness, which soowb itself in
holding securities for better times which
are sure to come. Were It not fpf the
great abundance of cheap money, many
securities would not probably be selling
at their present level. The market lead
ers, however, have unlimited ninas si
ti.olr nnmmand at low rates, and are In
a position to sustain the market against j
all ordinary adverse influences. Briefly, j
stocks are in strong hands, the floating j
uprly is llht, liquidation has neen
thorough. weak points nave neen
thoroughly eliminated, and tho big men
find little difficulty In supporting me
market against all attacks. The boar
elemrnr In the market Is small, and spec -
ulatlon Is on a much more restneten
scale than usual, for no one cares to part
with stocks when believing that the
worst Is over. The technical position Is
consequently a strong one and opposed
to lower prices: albeit that current de
velopments are frequently of an unfavor
able character. Political scares anrt crop
scares must be anticipated. There Is also
Dosslbllity of labor troubles In the
event of an attempt on the part of the
railroads to reduce wages, since It must
be remembered that organized labor has
not yet accepted Its share of the business
reaction which has lately fallen upon the
country. But aside from these three dan
ger points, there Is nothing In the situa
tion of sufficient Importance to counter
act the Influence of an unlimited supply
of abnormally cheap money, which is
still the controlling element In the stock
market.
An element of some "concern Is the
course of oaf national finances. The fiscal
year -eloses with a-redarttotr "Of IBO.OOfl.OTK)
In revenue, 48.000,000 of this loss being
due to the shrinkage In Imports following
the panic. There was also a considerable
loss In Internal revenue, much of which
was attrlbutabla to the prohibition move
ment. A year ago. however, the govern
ment closed Its books showing a surplus
ot $8?.O00.00O in receipts over expenses,
which means a loss of about J150.000.000
In the twelve months. Congress has
complicated matters by making extrav
agant appropriations at a time when
econorny shtiuld have been the watch
word. The Treasury, however, is still In
a strong position;, the government bal
ance being about 1293,000,009, of which
more than $150,000,000 Is in the depositary
tanks. This may be reduced shortly by
a call for 150.000,000.
HENRY CLEWS.
Charlotte Cotton Slarket.
figures repiesent prices paid
wagons. July 4th:
Strict middling 12
Good middling ll
Middling
11
Charlotte
(Corrected by U.
Butter
t'hickenu Spring.. ..
Ducks
Eggs ..
Ueese per head
Prod no.
II. Field A
Co.)
10rl5
lla2o
26
-35 40
13 1
Hens- per lina.l
Turkeys per pound
(Corrected daily by Cochraie-Mciugfc.
I'n Co.)
Ry
Corn 1.40
Cotton seed , 'jt
Oats 7J
SAVED A MAX'S MFE.
But Mr. Cleveland Waunt Sure of It
I'ntll Years Later. -
Julius Chambers,
Eagle.
in The Brooklyn
Among the anecdotes that will be
printed about ex-President Cleveland,
one that- recura to the -writer 18 par
ticularly timely, it never has been
In print, but it was once the pleasure
of the writer to tell it at
public
Cornell and Gmver Cleveland
B.
Since the early seventies, the alum
ni of Cornell University in New York
City have had an annual dinner to
which, during hla lifetime. Mr. Cor
neli was always asked. On one occa
sion, during his term at Albany aa
Governor, a few of the older gradu
atea were' talking with the Gpvernor
while a waiting the announcement .of
dinner, wijen Mr. Cornell said:
"I had a - remarkable experience
during he past week. A man is un
der sentence of death at Buffalo. Ap
peals for commutation of the sentence
have reached me from many organi
sations, but Inquiries throughout the
regular legal channels did not furnish
apparent reason for- executive Inter
ference. On Tuetday'iast, however, a
lawyer front Buffalo cam by appoint
ment to present the case of the con
demned wian and he did It in such a
clear, straightforward manner, with
out the slightest attempt to appeal to
my sympathies, that I was and am
tremendously impressed that tha prii-J
oner is not guilty or a capital, offense.
The-Jawyefa name . was Cleveland,
Grover Cleveland." - -
Tearf afterward t the alumni din
nef of Jfgl,' at which the then ex
President -having served his first,
ttrwv eat t-thr rtght haad tf" thg
presiding officer, John DeWitt War
ner, and.. ex-Governor Cornell at the
lert, thek writer or this column " re
peated tha Incident ' - .
-"I was the lawyer." aald Mr. Cleve
land, aeroas the table, "and I am
gratified to know -that my argument
saved that man's life, r never -was
sure of U -until now." . ,
cm
4
iSill'Ils Corliss 'Engine; '
, 14Mx36M Murray Corliss Engine.
16r,x42BrowrEnginen .
V 18"x42'VLane & Bodler Corliss.
14"x20'ML S. & G. Throttling Engine.
,: . BOILERS, DYNAMOS.
GREENSBORO
GREENSBORO, iV. ?.
CARDS ,
DRAWING-
iriMOUlM
MACHINE WORKS
COTTON MACHINERY
TAUNTON,
COMBERS maos. - KULES
LAP MACHINES S LOOMS
SOUTHERN OFFICE AT CHARLOTTE
CDWIf HOWARD, AGENT.
ADDRESS OF MRS. JOHN
VAMANDLNGHAM
Address dellverelj ny Mrs. Jolfn
Van Land irtgham, as repreaentartlve of
the Xceth Carolina stotlety of the
taui;hters of the Araericao Revolu
tion, on the occasion of presenting; to
the' cruiser North Carolina, off Beau
fort, July 3d. 1 908, a North Carolina
flag, the gift of the society:
Captain. Officers and Men of the Unit
ed states Cruiaer North Carolina:
One of tihe aeven wise men of
Greece rymparod tne people io tne
sea and speakers to 'the winds, for
! said Solon: "The sea would be calm
and quiet did not the winds trouble
It." Taking a hint from this ancient
philosopher I shall not long disturb
you, only wishing to bring to you a
abort mesHage. It cornea from the
national oHety of the Paughtora of
the American devolution In North
CartfMria.
It seems must fitting, friends of our
navy, that you, the exponents of wo
man's love, woman's rearing and wo
man's hope, should receive assurances
of the interest and faRh of an asso
ciation of women -wnoe chief objects
are the proper appreciation of past
heroic de(d and the encouragement
of a patriotic spirit which shall de
velop true heroism In the future. H
is appropriate that to you, who have
left your homes and enlisted tor ser
vice, wherever your country ahall need
you, greeting be sent from an organ
ization whose motto is "Home and
Counrtry." Home .the place of child
hood and its eweet memories; of the
family fireside and Its associations. Its
pleasures and its aorcd Borrow. Coun
try the larger horn of manhood,
where all are brothers f a greater
family, and the fire of patriotism
burns" brightly in the heart of each
Individual.. "
"There Is a land, nf every land the pride,
Beloved by heaven over all the world be
side; Where brighter runs dispense serener
And milder noons emparadlse the night.
'There Is a spot' ot earth supremely blest,
A dearer, sweeter spot, than all the res';
Here woman reigns, the mother, daugh
ter, wife,
Strew with fresh flowers the narrow way
of life.
"Where shall thnt land, that spot of
earth he f'lmnl?
Art thuu a man" A patriot? Look around.
Oh. thou shall fii"l howe'er thy footsteps
roam, .
That Hn1 ihy country, and that spot thy
home."
Sailor friends, yrru have learned
from the Naval Academy or the stern
er school of practical experience, as
...r.r.i-.montarv to vour soltolaatlc edu
cation, much of the science of naviga-j
tkn the intricate methods of ahip
manage merit, the art of accurate
rmarksmianship, tho best plans for at
tack and for defense Indeed the most
thorough Instruction and fine dlscl-n-
rv for useful naval tser-
ie You have learned a all sol
n.uM that "out of thia nettle
danger, we prtiek this flower
afet ."
But ce.rhaps your reuiem
lessons
have been the of respect for author
ity and obedience to orders. When
Moe rtood upon the mount and
handed to the children of Israel, and
through them to the whole world, the
fundamental laws for life and govern
ment, he gave first the Ave command
ment. f reve.rence and obedience and
then the five of duJy to neighbor and
enee,t for his rights. Coold this or-
At, iTiifv that man must learn to
ami to obey ere he Is prepar
ed to protect the life, the property
and the character of the tndlvtduaj?
Perhaps the areata 4 menacw to our
republic to-day. whether from "Toung
America" or the alien eitie,n, cornea
from Irreverence end disobedience,
from oclallm and anarchistic ten-
Hnt- s long as men are
trained as you to revere the flag, re
wi authorltv and obey law. no heart
may grow anxious for our country's
gKry. ,
A flag Is the sj-rreboi of power. It
.ni. for constituted authority.. It
demand reverence and loyalty. It is
the epitome Of government ana me
sign of BllegJance.-; It -is therefore
with reverent, emotion that I com
as the representative of the Daughters
of the American Revolution to present
to you, and--- the noble cruiser
North" Caroirnarthe banner of my
State. ; This silken ' emblem is. com
posed of the colors of our national
flag red for courage, white for pur
ity and peace and blue for truth and
justice. Upon Its field is a single star.
.That elands .for steadfwrtness, as
mariners mid storms upon ine wn
crest. lo4k to the north star for gnkd
ance, so) may those who ride the
wave of; tempestuous thought look to
the Old North State for dnrfvatitm
an.1 ateady onward purpose. ry --
No battle date adorn this banner.
Though our State ainee the days of
Alamance, Moore'a Creek, King's
Mountain, Chariot t and Guilford
Court House unto kaer periods "has
tiad battle records of which she
is
erred -tof
mark upon her nag events of a dif
ferent significance.. PreatdeTtt-Roosa-vwlt
recently said: : "Tha' country ha
looked to North Carolina for . great
Initiatives, and, .not In vain.":. . It is
two of these that this flag commemo
rate. On May I Oth. 1775. at Char
lotte, Mecklenburg county, was issued
tha first Declaration f Independeaa
r
SUPPLY CO.
SPINNING
FRAMES
from English tyranny, and on
April
12th, 1778, ait Halifax, the fl'
notinecment In regular ordeirl
vention that "North Carolina
gutea Jn th Continental Congress be
empowered to concur with the dele
gate of other colonies In dechnring
Independence and forming foreign al
liances." May 20th and April ljth!
One th outburst ajid vehement cry
of a single county for liberty; the
other the deliberate and determined
expression of the whole colony for
co-operation and united effort toward
Independence. J'rlenda, may this love
of liberty, thla determined Initiative,
this AteadfaetnesM of purpose and
concert of action, Joined to courage,
purity, truth and juJrt'lce, lead you
and your noble boat unto the triumphs
of peace and the victories of wart
To yoifr brave hands we corrvmlt this
flag. May It prQje to you a talisman
averting all evil. Let It wave with
the glorious tars and Rtrlpes, Indi
cating your loya'ty and yours. Wher
ever yon be,, upon turbulent ocan oir
peaceful , sea. In raging bnttle or on
friendly cruise, know that with you
and for you a.re the tho-vights, the af-
feotlons and the prayers or the
Daughters of the American Revo'u
tlon in North Carolina
TO THE CHI ISER NORTH CAROLINA.
ORKETINO !
(Portn read on the occasion of the pre
sentation of a silver service by the State
of North Carolina to the cruiser North
Carolina).
Hail, splendid namesake of a splendid
State,
We bid you God-apeed on your wsy!
Where'er you go, whatever be yee tate.
Heaven's blessing rest on you to-day.
1'nfurl our flag. Bear It with you arar.
On your tall masts we are assured
If shot or shell, shall e'er Its beauty mar.
No foe shall see our cplors lowered.
I
In war's dark hour. Oh may you be
Abreast of those who ever tight
For Justice, and for truth, and liberty.
For Qod, your country, and the right!
- I
And when your names within the Hall of
Fame
The Future writes, Ob, eaii'irs brave,
fl'e'll know the Inspiration of your name
Fresh Impulse to your courage gave!
nod of our Fathers, and our Ood, when'
they ""T
Must heed Thy Pall, aril cross Death a
sea.
May they without a fear that call ohey,
And find sate Haven for eternity!
July 3d. UK'S. -
IN MKMOUIAM.
JAMKS J. M'NKKI.Y.
Many hearts were saddened by the
passing of this noble young life from
the anhere of great usefulness in Ills
community. After several weeks of
serious illness he tfied in the Tresby
terlan Hospital of Charlotte. X. C.
With some, .whA in addition to being
endowed with unusual physical power,
possess those qualities of heart and
mind that enible them to realize the
best in life. It Is almost impossible to
associate death. Such Is It In the case
of "Jim" jMcNeely. Ills old college
friends recall with pride the fine rushes j
Which he made on the football field,
as one of Davidson's best halfbacks,;
the cool determlnatlur and Christian
manliness whlch-he always used in
playing the game. They remember,
too, the sincere regret on the. part of
the student body when "Jim" wan
compelled by weakness f the eyes to
give. up his college course, a regret
based not simply on his great, value
as an athlete, but on the greater value,
of his strong character. It was'a bitter
disappointment to him, for he cher
ished the idea of a ftntuhed-collrgtate
course with additional study looking
towards a profession: but God knew
best gild our friend was willing t
trust Him. After leaving college he
look Tiold of the farm In earnest and
quickly developed Into one of theJUest
young farmers In and around Moores
villa a man whose worth was soon recognised.-He.
waa. .never self -assertive,
but be held his rieftds w Ithoot any
difficulty, so true, was the type of his
friendship. A few years ago he was
married to-Miiir" Ada Cresweli, .of
MooreivlUe, and those who enjoyed
the hospitality of this home realised
that tha former halfback had reached
the goal of human happiness, lie Is
survived by his wife, two small chil
dren, two brothers and four sisters, all
of whom knew a hat It was to lean ort
the arm Of one who was strong.
This little tribute of love should not4
be closed without word aa to his
deep interest In the Oiurrh. For some
year . he waa a faithful member , of
the old church o hla fathers, Centre
Presbyterian, retaining hla member
ship there at tome sacrifice while a
Lrestdent of Mooresvm. Just a June
over yar ago tha church showed Its
appreciation of him by electlnf him to
tha office of ruling alder, and thus he
had enterec upon a
career l in
creased usefulness aa a servant - of
Ood. always ready to meet duty brave
ly and discharge It to tho best of his
ability. Ood inr'Hls Inscrutable wisdom
has taken him from us. but in humble
rratltude for tho benediction of such a
llfs wo bow before Him who. don n
thlrats well. Dear, good fellow! jtcain
no baa crossed tns goat W. M. w.
"' wain ei hen
OUTH TBYOr ST..
- HAHLOTTst M. 0
iim
BtvIvlnj Flat Card,
, Railway Heads.
Drawing Frames,
Spinning: Frames,
Twisters and Spoolers
Quitters and Reels.
Looms,
COMBERS
ETC.. ETC
HUBBARD BROS. & CO.,
UANOVEK SQUARE. NEW VOltK
MEMBERS OF New York Cotton Ex-
chat.ge. New Orleans, Cotton Ex
change. Associate Members Liver
pool Cotton Exchange.
ORDERS SOLICITED For the pur
chase and sail of cotton for future
delivery. Correspondence Invited?
MECKLENBURG
IRON WORKS
CHARLOTTE, N. 0.
Motors, Dynamos,
.Alternating and
Direct Current.
Any size and voltage.
Stock on hand. .....
We ask for orders.
MACHINERY WANTED
We are In the mnrket for the fol
lowing machinery of either Woon
socket or Providence Machine Co.
make:
1 slubber. 48 spindles, 10" traverse,
12" flyers 12x6.
1 Intermediate, 102 spindles, 1-1
traverse, 9" flyers 9x4 1-2.
2 speeders. 14 4 splndbrs, 5" trav
erse, 7- flyers 7x3 1-2. t
1 'slubber, 06 spindles; 10" trav
erse, 12" flyers 12x6.
2 Hpeeders, 144 spindles, 5 1-1
traverse, 8" flyers 8x4.
Address reply to Uox US, Haw
lUver, N. C.
CLING FAST
Wood Fibre Plaster
Wo aio now roady to
lAako dclivi'i'v or 'our
Plaster. It paVs to buy
tho host. Cling Fast is
second to none. Ask
us for priees. Tt will
pay you.
STATESVILLE PLASTER &
CEMENT COMPANY
Statesville, -NO.
H. ' ,yw- -
If Is Guiding Principle."
Ph 1 lu d e lph I aJR ec rd .
"Public office "is a public trust" ii
almost untvrslTy . supposed to .have
ten Htterd by Mr. Cleveland. It was
unquestionably the guiding: prin
ciple of his conduct, but he was not
much r1ven to epigram, though he
coined a few rrwrnora-ble expressions.
"Dun" Umont confessed that the
printer of the campaign Wography of
Mr. t jevewnn compiamea linn ine
covet dUln't look well; it neeied some
ratcrry Hne-acmss 'Ihi top, and there
upon Danlel evolved the famous phrase
which gave the keyaote of Mrx Cluvc
Vman public career. -
All Time Iryir Waxlicd Oot.
Charleston Kwnlng Post. : ,
-- Smith in Georgia, Carhwk In Ten
nessee and Craig In North Carolina, It
rm been remarked hy a shrewd pallt-W-s.1
obsr rrrr.- wrroatlt-gUTreuantrpyo-tagrSnists
of prohibition. . Smith was
booted out of tho Governor's ofrlc af-
t-r eervtew of but year Iff thattace;
Carmsck filled. to loosen tho hold of
Governor Patterson oi!f tho Demo
cratic nomination In Tenmsae; Craig
went down In the North Carolina con
vention after blttrnd long-drawn,
out contest. , . ' '' " " ' ' .
THK RKMKIYTH..T IK)KM.
''edf tiisl dues ins tisaltfii offieFs priruU
tal -ZM 19 yena-To.-- .ys ?irs. E. R.
plerson, ot Auburn Centre, Pa. , "It is
curing me ot throat and Jung trouble of
long standing, that other treatrrenta re
lieved onty temporarily. New Dlscov.
err Is eotng sne so much good thst I feel
confident Mo continued use, for a reason,
able length1 of time 1U restore ma to
perfect haUh." This - renowned eolish
and eoM remedy and threat - and lone
healer Is sold at sH drug stores. Mc. snd
U. Trial bottle free.
MILL MACHINERY.
ENQtNEER AND CONTRACTOR.
Slubbers,
In termed
Roving Frames
Jack Framas
KnnitonmrrT .
READ THIS
- IF YOU IIAVE TO 6 ELL, LIST IT IN THIS OFFER
tt ra have houses or stores to rent, let me do your collecting Ul
trouble and worry.
The place to Insure your property la la thla agencxv
R. E. Gochrane.
Iasnraucv and Real Ftat Agent.
"GagerV White Lime
Tho dagor Lime Company are the largest pro
ducers of high-grade Lime in the South. They
probably ship more lime than any other three
manufacturers combined. "Gager's" 'hite Lime
is sold in the different markets of the SoTith at
from 5c. to 25c. per barrel more than any other
lime. Wouldn't this indicate to you that it is the
hest and most economical f There is nothing like
"Gager's" White Lime for brick work and plaster
ing. Write us. . ;
Carolina Portland Cement Comp'y
Southern Distributors. Charleston, S. .0.
FOR DECORATING LIGHTS
V.
'Phone 1307 or
Insure in The Equitable life
ADVICE
TO THE
ifAN
UJ
WHO
c
90
PI
3
OWNS
aa
-ft:
o1
ml
POLICY
DON'T BE A
QUITTER
W, J. Roddy. Mgr..
Rock ItUI. S. C
3
Hi
ft
J
Insure in The Equitable Life
LOUIS H. ASBUEY
ARCHITECT
Law BaHding, Charlotte, If. C.
FRANK P. irIILBURN & CO.
fl ARCHITECTS
WASHINGTON, D. C
HOOK AND ROGEBS
ARCHITECTS '
Leoiiard :
":- ' 5 " t
1. Honter sutol FnsuUla
' - ARCHITECTS lS:
' - Law Baildlng. Cbarloeto. X. C -JVos.
SH ana ' ' 'rtKHM I7lv
' aaisfitt assMti ' '
mm
Automatic Feeders, t - t '
Openers sod Tronk. r
Breaker, Intermediate an4
- Finisher Lappers, V "
KirschnerCerdinx Beater
Thread Eaitractora, r
Waste Pickers. etV '
Raw Stock DryaiWf - ! '
latetv
ETC ETC
1308. 202 S. Tryon
SCREENS
Flies and Mosquitoes
on the Outside
Small Cost
x.
JJ1. WEARN
& CO.
Manufacturers of Mantel.
Wrlto for catalogue.
Manufacturers
and Jobbers
rioqaently snid It nrrisssij to
have Banking Fadlltloo In ad.
dlUo to Ummo offered by local
bsok.
THK , '
First National Bank :
OF 5JCHMOXD. VntGlMA.-"'
' Wit .: ,
f I.OOO.ftOw.Oo Capital
ICaraed Burplns $oe.oa.o "
$5,500,OOC.fH) Depoolto - . ;
.000,M.0 T0U1 Rooawec.
Offers Joe e Addhloawl .
dimes Krqalrod. - - , ;
luo. M. alUW, Jr. VIcwrriL
-deott Cho) R.rnrorttr. A
Aalstast Caahlegs 1
ArD, SALKELD & BRO.,
- Leonard Street. KW TQBK
fFrcdTc yior!&Acliglls;
JAlOESinTCHELIi COr
COMMtSSlON MERCHANTS ''
Cotton-Yarns and Cotton s
. Jr.- Cloths. V'V1:'.
' CONSIGNMENTS SOLTCTTEI? :
plUladelpbio, 12 and IZ Choetaat SU .
; Boston. 184 Pammer St. 1
JJaw York. 'o- U Leonard C". "
.v . Cbartotto. t S, Trjoa 6u ,
AUTEN
- V'
ili