Newspapers / The Charlotte Observer (Charlotte, … / Feb. 22, 1909, edition 1 / Page 9
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CHARLOTTE DAILY OBSEliVEK, FEBKU ARY 22, 1909. , f HlLtS AND MARKETS CLEWS' FLNASCIAL- LETTER. Jfbo Leaders Still Endeavoring to Re V slat Natural Tendencies The Tariff RecomM a. HoUtiral Issue Of Su- A prone ImportanceThe stock Mar- V",' act OuUeok Complex Money Easy; L'a erirwhore. I Corripondenc of The Observer. New Yerk. Feb. . Mney Is eaay 4 everywhere. Not enly in New York. but in Paris, Frankfort and Berlin the tendency of interest 'rates is still down- wards. 'Thla, of course, is mainly due to the depression prevailing in commerce If and Industry in all parts of the world. As a result capital is accumulating and ,.' diligently seeking every form of safe and profitable employment. The effect of this situation upon the security mar kets Is marked. In the first place, it causes a good demand for high grade in vestments from conservative Investors ar .and institutions, who have more regard "-for preservation of principal than either dividends or speculative profits. At the same time another class of buyers, vis., the general public, continues to abstain from the market, pertly because the dull ness of business and diminution of profits lessens their purchasing ability, and part ly because they recognise that the prices of average slocks are much too high In view of existing conditions. The insiders and big market leaders have ucensfully reaislod any Important decline thus far, owing to the abundance of cheap money. There are reasons for believing, however, that those whose policy It was to support the market and resist natural tendencies have accumulated all. If not more than, the slocks they desire, and that In the absence of buyers their pocltlon Is any thing but a satisfactory one, notwith standing their unquestioned financial strength. For some months past all the resources and skill of the great leaders have been concentrated upon the purpose of resist ing natural tendencies. Considering the great shrinkage in railroad traffic, and the unquestioned dullness in business, prices ought to have undergone a con siderable reaction. Such has been the course In all previous panics, and It is difficult to appreciate why the results should be any different now. There Is no doubt the recovery following the rebound after tbs panlo was too violent, having been unduly stimulated by the Inflation ary effect of cheap money and the pow- niiui vu-ui:rtiiuu vi yrt-ai iliiaiii.)Gr. This resistance to natural reaction was not confined to the security market; It extended equally Into all ot the grout in dustries under the control of big combi nations. It Is to be doubted, therefore, if liquidation has been as complete as It should have been, In order to bring busi ness to a really sound basis. Buyers, not only of stocks, but of commodities, lack confidence. There Is a universal feeling that as prices are too high, a recession must fellow; and all buyers as a matter of self-interest are preserving a hand-to-mouth policy and obstinately refusing ev ery anticipation of future requirements. it Is this lack of confidence among buy ers that has much to do with the present Inertia of business. Nearly all lines of business to-day are exceedingly quiet, the only signs of healthy activity being where. . for iniMj, in cotton goods, a thorough readjustment has already taken place. Iron and steel prices arc now being reduced to still lower levels. But needless to say, though this has at tracted many orders, buyers are still un settled because action has bten deferrd, and the market has not yet been suffi ciently tested by competition between buyers and sellers. Moreover, the dull ness In trade Is being further aggravated by tariff agitation. While tariff talk doss not lessen the amount of food consumed, clothes worn or sneltcr required, still the uncertainty has a restraining effect upon new ventures and strengthens the deter mination of buyers to preserve a hand-to-mouth policy. No doubt when the tariff question Is settled business will instantly take a vigorous start In consequence of the accumulation of deferred orders; so that the total volume of business over an extended period will have suffered little or nothing. During the Interval, however, much hesitation will prevail and must be endured until the tariff question is set tled. Unfortunately, the prospects are for a prolonged and bitter agitation, present indications being for a more or less ex cited session of Congress, lasting well into mid-summer. Already an unusual length of time has been given to hearings on the tariff by the ways and means committee, and with very unsatisfactory insults. President-elect Taft is expected to call a special session of Congress be ginning the middle of March, and from 1 thence on It is to be feared that the business community will be harassed more than now by the uncertainty pend ing revision. The tariff has now become a political Issue of supreme Importance; too Important and complex to be settled by any tariff commission, and capable of adjustment only by debate and strug gle on the door of Congress. The outlook for the stock market con tinues complex. On the one hand, w have universal ease In money and pros pects of Its continuance until the autumn in spite of government withdrawals of de posits, gold exports and possible Increas ed demands Incidental to the 1st of April. The good Inquiry for bonds and high class stocks Is certainly encourag ing. London has been a larger Investor of American securities than for some time past and the general strength of the foreign markets will, of course, exert a beneficial Influence bere. On the other hand, the prospects of continued dullness in trade in the I'nited States, the outlook for Irritating '"tariff discussion and the fact that neither securities nor commo dities have yet undergone an adequate decline all tend to unsettle confidence In tre future of the stock market. The new administration will shortly be sworn In, and a reassuring and encouraging mes sage Is confidently expected from President-elect Taft. The effect of this, how ever, can only be temporary, unless there should be a material change In other vital conditions. The nstural tendency of prices is to seek a more normal level. , and the situation would be unquestion tably benefited by a gradual readjust ment. It is simply a question of how long artificial resistance, powerfully aided by cheap money, can hold In check natural forces. The market is quite likely to witness sharp rallies on any favorable de- - veiopmente of hHportShce, but lha pre vailing tendency must be towards a low er level until the tariff is settled and justness twgins to snow signs oi genuine 'Improvement. HEN BY CLEWS. THE GREEN RIVER MILL. New Factory Soon to Be Running Vp in Mountain). B. Tanner Presi dent. 8pelal te The Observer. - Caroleea, Feb. II. Mr. 8. B. Tan ner, who is president ot the Green River Cotton Mill, left yesterday for that point to overlook the placing and starting- of the wheels ot that newest but not least enterprise ot Western Carolina. - Right under the Blue Ridgs where numbers of cltixens never, saw a cotton plant, the Oreen River Manu facturing Company will . soon be making eotton goods. i Mr. J. O. Bell, the efficient book keeper ef th Henrietta . MUls (or many years, is manager of the Green Klver plant. That rising mill town located in Polk county on vn pro posed electric ear line beta sen Ashe ville and Greenville, 8- C. and real charmingly doee the enterprise ex emplify the romance, of business. It Is a town of several hundred in habitants arid there Is not a well of water in the place, all the tank". 1 hollers and hnm rwlvinff amp'o supplies of water through pipes from the ovi-t hanging mountain. FINANCIAL REVIEW. New York. Feb. 21. The light and shifting currents of the' speculative sentiment In the stock market veered decisively In the direction of discour agement last week and carried values rapidly downwards. The deciding factor was the accumulating evidence of languishing trade as exemplified es pecially In the Iron and steel trade The halt in the revival of trade had been perceived for several weeks past and with growing. misgiving. It was as sorted by the United States Steel Cor poration that the waiting on the form ulation of new tariff schedules was the motive for the withholding of or ders. It was urged that such cutting of prices as was being done by small independent steel companies and that the business thus placed represented so small a part of the business as to he un representative of trade conditions. In sistent reports that a cut In prices of i 8tefl was ,n con,empiation were persistently dented, the latest denials coming from accredited official sources until past the middle of the week. Tho reassuring effect on speculative sen timent of these assertions was con firmed by the determined support ac corded the stocks of the U. 6. Steel Corporation In the stock market. When the realization cume to the stock market element on Thursday thai the depressed conditions In 'he steel trade were to be recognized by a price reduction and an active effort on the part of leading producers to se cure business from competition the tone of the speculation became gemi demorallzed. It was rather notable that the cop per Industrials were comparatively stable. The comparative firmness of th copper stocks was furthered also by tho statistics of the newly formed copper producers' association given out early In the week. The clearing up of the foreign situation was of im portant effect on all financial markets. The definite promise of growing easii In foreign money markets and i iim tlon me settlement of International ques- s had put a stop to the persistent liquidation of foreign holdings of American securities and had given place to some buying In New York on orders from abroad. A decidedly favorable Impression was made by the permission accorded by the New York public service commission for the issu ance of Erie bonds Another moderate decrease In Idle freight cars gave some hope of a bet terment In the traffic situation. The speculative effect of these factors were all swept aside by the later con sideration of the trade outlook and the realization that a scramble was In prospect among steel producers which might Involve serious consequences to earning power. The disorder Into which the stock market ws threwn prodiiceJ But slight effect on the bond market. Latham 'a Cotton Letter. Correspondence of The Observer. Greensboro, Feb. 20. Dullness ex Pressed In the superlative degree properly describes the cotton market for the past two weeks. There Is no speculative activity In cotton and there Is no buying po-'r among the mills because they have already bought for months ahead. And the spinning qualtly Is so good that It takes fewer bales to turn out a nor mal poundage of yarns as compared with the recent crops which were of lower grade and poorer quality than cms crop. i he market therefore labors under the weight of a large crop, a dec! in ing security market, and a condition of trade that la far from satisfactory. mere is another Item that indirect ly weighs more heavily ngainst cot ton than all the above and that Is the abnormally high prices prevailing the world over for food. Grain has ruled higher since Christmas than ewr known during the same period except ing, possibly, during the times of war. It seems that any substantial ad vance will have to come from the iBsues of next crop which Is rather far ahead to deal with except specu latively. The present outlook is. how ever, that If such improvement come, at all it will be from '"the acts of Providence" as reports say the farm ers are preparing to plant another hlg acreage and the sales of fertilizer tags are reported up to normal. Psy Damages For Boycotting. American Industries. "If labor unions picket a factory In an attempt to boycott the goods madf In it, thus putting the owner to ex pense for guards and employes, they must reimburse him for such expense, according to a ruling February 9th, 1909, by Justice Mills, sitting in the Brpreme Court. The case In point was heard by Justice Mills In January It was brought by Joseph W. Jones, president of the Jones Speedometer Company, which has a factory in New Rochelle and another In Harlem. Tho suit was directed against George M. Marr, president of District Lodge No. 15 of the International Association of Machinists. Local No. 40 was a co defendant. The machinists and fire man struck and posted pickets around the shop and Mr. Jones wss put to the expense of hiring guards for (he place. Judge Mills holds that the plaintiff was not only entitled to the Injunctive relief, which had been given, but also for damages In the sum of J3.M7 against the lodges and individual co-defendants." VICTORIA INN BOCGHT. Gay Green and AwKxlates Slake Deal For Property Valued at $40,000. Special to The Observer. Asheville, iFeb. 21- Negotiations for the purchase of what Is known as- Xtewfrt. Jim from the Board of Home Missions of the Northern Pres byterian Church by Oay Oreen and associates have been completed and it is understood that the deed for the property will pass in a few weeks. It Is said that the pries agreed upon Is $40,000. The deal Includes the Victoria Inn, formerty known the Oakland Heights Sanitarium, and about IS seres of land. The Inn has for some time been conducted as a high-class boarding house by Mrs. Martin and It 1 un derstood that It will continue to be so conducted. Mr. Green, one of thyte Interested In' the purchase of the property, s not In a position at this time to' discuss the matter, although It is admitted that arrangements for the transfer are closed. Only One "BROMO QCININE" That la LAXATIVE BROMO QUI NINE. Look for the signature of X. W. GROVE) Used the World over to Cure a Cold In One Day- 1. LESS THAN 30-H. P. Liddell Automatic Entrine dO-H. P. Ball Automatic Engine 100-H. P. H. S. C. Throttling Engino 10O-II. P. Ball Automatic Engine 14 14 18 IN' CO' B2' x 36" X 36" x 86" x 42" x 42" x 28" SPLENDID VALUES, MUST BE SOLI) IMMEDIATELY. GREENSBORO V GREENSBORO, N. C- CARDS CRAWLiC COMBERS LAP MACH! jMACHINE WORKSv COTTOFJ MACHINERY TAUNTON, J SOUTHERN OmCE AT CHARLOTTE EDWIN HOWARD, AGINT. THERE IS NO ONE THING A BO IT jj A STEAM PLANT THAT PAYS i J THE SAME DIVIDEND AS PIPE I fflfc COVERING. LET tS TELL YOU J ALL ABOUT IT. Jflf CAROLINA ASBESTOS MFG. Coj9 1 ormi AKowoiojESi5Sf;iiitNSBORa N.c.Y1r!!!I0j I "flMr Q f'wsakwrClf I COJGKESS OS FINAL SPURT NIGHT MISSIONS TO BEGIN SOON. Appropriation Bills Must Be Put Tlirouirli Before the Week Is Over and Both Hoilsos Will Devote Entire Attention to These The Sundry Civil Bill to consume Practically tho Entire Week in the House Salsry of the Secretary of State to Kecelve Attention General Deficiency BUI to Follow Ulver and Harbor Bill May Not Get Through Brownsville Matter In Senate Tuesday and Satur day Will Be Devoted to Eulogies. Washington. Feb. 21. Both houses r. nvrM will hpe-in this weok to crowd on steam for the Inst spurt of!1'- r- Irtu- the present Congress. As it is realized i that it will be necessary to get prao-tii-ailv all of the appropriation bills through both houses before the end of this week no attention will be paid in either house to any other measure when appropriation bills are In shape for consideration. Both houses will probably commence night sessions ear ly in the week. The House w ill begin the week with the discussion f nr great sundry civil bill, which not only carries a large ap propriation hill but covers h multitude of subjects in which, as usual, thero Is much new legislation, and it is ex pected that thia bill will consume most of the week. The House will, however, consider reports of conference committees as they are brought In and It la expected that the question of the salary of the Secretary of Slate will ai?ain recei.e attention in connection with the con ference report on the legislative, ex ecutive and Judicial appropriation bill. The House will again refuse to yield to the question of an under Secretary of State. TAWNEY BLOCKING DEBATE. Chairman Tawney, of the House committee on appropriations, Is ex erting his best endeavors to prevent debate on the sundry civil bill. Rep-resenta'i- Ralney, of Illinois, Is. how ever, anxious to make reply to the critics of his Panama canal speech. and present Indications are that he will succeed to-morrow. There are many provisions In the sundry civil bill on which there are sharp differences of opinion. Including those relating to the secret service. Panama canal and Immigration. It Is expected that the general deficiency bih will te ready for consideration by the House when the sundry civil bill Is disposed of. Undoubtedly the House will be sola before the close of the session to dis pose of all the appropriation bills. During the past week the senate put behind It the postollice, the naval, the pension, the army and the Indian bills, and it will be prepared to go on tMs week with the diplomatic and consular, the agriculture and other appropriation bills as they may be re ported from0 the committees so that unless there should be unusual ob structions that body will also be able to conclude this Important portion of Its business before March 4th. Apparently the prospect of obstruc tion Is not so greet aa.lt was, for Mr. Lr Toilette and hla insurgent felVowtng have shown little or no disposition during the past few days to stand In tho way of the progress of these meas ures, SUPPLY BILLS ALL RIGHT. If this attitude Is maintained there! la Uttle doubt that all the supply, measures, with the possible excep tion oi me river anu -narour uui wiucn j is aireaay tnrougn ine nouse win ne passed long enough before the 4th of March to permit a final agreement on them all before the close of the ses slorl. The river and harbor bill prob ably may be talked to death The Senate will devote Tuesday to; condition had been critical for the consideration of and vote on the bill past several days and the end was ex pro vt ding for the re-enlistment of the . pected. Mr. Bullard was a resident of negro soldiers discharged on account i South Carolina, having msde his of the Brownsville riot, and Saturday will be given up entirely to eulogies of members of congress who have re- i cently died, including the late Sena- tor Latimer, of South Carolina; Rep. resentative Powers, of Maine; Bepre- tentative Wiley, et Alabama; Bepre- 1 HALF COST Murray Corliss Engino A! lis CorlUs Engine Allls Corllw Engine Frick Corliss Engine Green Corliss Lupine. Allls Corliss Engine SUPPLY CO. J N6 FRAMES MULES LOOMS sentatlvs Myer, of Louisiana, and Rep resentative Brick, of Indiana. The entire day Tuesday will be given to tho SH-e-wnevllle bill, ' Senator Carter will continue his ef forts to procure consideration of and action on the postal savings bank bill. There will also be a strong effort to get the Arizona and New Mexico State hood bill out of committee with the hope of passing It during the last days of the session, but the present outlook Is not promising. tut: death record. DIES LYING IN WAGON. Young Baptist Minister of Rutherford ton. Expires Suddenly From a Hemorrhage Na. tive of Lumherton and Uraouate of Wake Forest. Special to The Observer. Rutherfordton, Feb. 21. The town was shocked esterday afternoon by the sudden and untimely death of one of Its best cltisens, Rev. D. C. Brltt, which occurred while on his way from his home In the western part of town to his store. Mr. Hrltt had been at his place of business dur ing the forenoon and seemed as well as usual. At 1 o'clock he went home for dinner and ate a hearty meal. About 2 o'clock, while returning to his store In a one-horse wagon, driv en by a small colored boy, Mr. Brltt became 111 and told the driver to stop the wagon and hurry and sum mons a doctor. He then lay down J In the wagon and the boy hastily re-' turned to his home, a short distance' back up the street, to inform his mfo. and telephone for a doctor; but he fore his wife and medical aid could reach him. Mr. Brltt was In the throes, of death and soon expired as the re- j suit of a violent hemorrhage. j Mr. Britt was a young man, Jut 36 years of age, a native of Robeson county, and came to Huthcrrordt "n about three or four years ago-from' Lumberton for the benefit of hi health. He was a Baptist minuter, a graduate of Wake Forest College, and prior to his removal to H ither fordton was engaged In active mm- ; isterlal work, which he was forced to give up on account of his falling health. After coming here hia health began to Improve and he decided to permanently locate here building a home and entering Into business. H-j ! was a refined Christian gentleman and i his death Is deeply deplored by the people here. He is survived by a : wife and two small children, besides his father and mother and several brothers who reside at Lumberton The funeral service will take place at the Baptist church ' to-morrow afternoon, conducted by Rev. J i. Adams, of Charlotte, after which the remains will be laid to rest In the vil lage cemetery beside that of his little daughter, whose death occurred shortly after the family came to Ruth erfordton. Mrs. Lavinia Dobbins, of Caroleen. Correspondence of The Observer Caroleen. Feb. 20. After a long, lUnese and patient suffering Mr. La vlnia Dobbins died at her home in Henrietta thla morning, h was hear 61 years of age and well known,! and much beloved In this town and towns In upper South Carolina .Mrs. Dobbins was the mother of Mr. B. J. "Dobbins, superintendent of the, Henrietta Mills. 8he leaves a huband! and several children. She was a de- j voted member of the Baptist church. J J. A. Bullard, of Rocky Mount. Correspondence of The Observer. Rocky Mount, Feb. 20. After an Illness of two weeks, Mr J. A. Bul lard died yesterday morning at the Re lief Hospital at South Rocky Mount at 10:10 o'clock of Dneumonia His home In this city for the past two i years, coming bere from Latta. 8. C. j and since that time he has been in the employ of the Atlantic Coast Line, . He leares a wife and one child to mourn their loss. The remains were carried to Latta, S. C, by the soon COTTON MILL MACHINERY. Stuart W. Cramer, . OAIN Of SlCSi CHARLOTTE. N. O, Wearing: Rat Cards. Railway Heads. Drawing Frames, Spinning Frames, Twisters and Spoolers Qulllers and Reels, Looms, COMBERS ETC., ETC train yrsJterday. and the Interment took place Irom the family home, about four mils from that place this afternoon. Mr Bullard was well thought of by both ofllcials and em ployes. WAYNKSVILLE IS CHOSEN. Assembly Ground of Southern Meth odist Church Iocatetl by Commit teeWill Be Biggest Thing of the Kind In tho South. Special to The Observer. Asheville, Feb. 21. While no offi cial announcement is forthcoming. It Is reliably learned here that the com mittee of the Methodist Episcopal Church, South, appointed last sum mer to look into the matter of an as sembly groupd for the Church, has made its derision and that Waynes vllle has won. The committee, which was named at the meeting of the big laymen's movement at Chattanooga last summer, and of which Mr. J. R. Pepper, of Memphis, is chairman, some time ago visited in person pro posed sites for tho assembly grounds Including a lari;p acreage in the Weavervllle section. Waynesvtlle, Hendersons ilia. Black Mountain and one or two places In Tennessee. The committee. It was stated at the time of their visit to these places, wns fa vorably inclined to Waynesvllle and the semi-official announcement that the assembly grounds will be located there will cause Uttle, If any, sur prise. It Is understood here that a great deal of property close to Waynesvllle has already been secured either by option or by direct purchase and that considerable more will be secured. The Methodists purpose making their assembly grounds the biggest thing In the South. W is understood ttoul One of the features will he a magnifi cent lake half a mile wide apd two or three miles around. An electric car system Is also among the plans. Ulshop James Atkins, whose home is at Waynesvllle and who was active In securing the assembly grounds for that place, has agreed. It Is under stood, to put in many acres of land Included In the proposed nssemhly grounds boundary at a very nominal price. He Was Born in Abbeville. Man; Ah. iKsvtlle, Abbeiille, We Say. Houston Post. We desire to Inform the esteemed Charlotte Observer that fame is ft most uncertain and undefendable Jade. One of our subscribers Is In quiring If Major Hemphill was born In North or South Carolina. HAPPY RESULTS Have Made Many Charlotte Residents Enthusiastic. No wonder scores of Charlotte citi zens grow entnusiasi ic. n m enuugu to make any one happy to And re lief after years of suffering. Public statements like the following are but truthful representations of the dally work done In Charlotte by Doan'f Kldnev Pills. T. V. Kariee. 5 South B. St., Char lotte, N. C, says: "I feel very grate ful for the benefit I derived from Dmin's Kidney Pills and endorse them as an efficient remedy for any trouble arising from Inactive, kid neys. Kor over a year my kidneys were disordered ana ny tneir ianure to remove the uric poison from my svsteni. made me miserable. I suf fered a great deal from pains through the small of my back and at times was eutte unfit for work. Hearing Doan's Kldnev Pills highly recom mended for such troubles. I obtained a sucDly at R. H. Jordan Co. s drug store and I had taken them onlv a short time when my trouble was entirely disposed of." Kor sale by nil dealers. Price 50 cents. Foster-Mllburn Co.. Buffalo, New York, sole agents for the United States. Remember the name Doan's and take no other. The Best Advice your lawyer can give you is, Don't Worry about your Estate. Protect it by investing in one of the Standard Policies of The Equitable Life Assurance Society of the United States. Write, 'phone or call W. J. Roddey, Manager, Rock Hill, S. G. WM.t WHITE JOHXSOX, Res. AU Hunt Bldg Charlotte, X. C- ENGINEER AND CONTRACTOR, fan, !ubtr, R!af Pruiti Intermediate Jack Frame FOR RENT: 5- Room Cottage on Park road fl.00 8-Room Dwelling, 1805 Boulevard, water, electric lights YUk9 6- Room Dwelling, 402 W. Third St $IJSO 3-Room Dwelling, with bath room. Jackcu Ave., Piedmont Park Frame Warehouse on Southern Railway. Second Ward $10 R. E. COCHRANE insurance and Real Estate. TO THE BUILDING TRADE! We are pleased to advise that the capacity of our KKT8TONB LIME KILNS has been increased to now the largest In the South," enabling us to offer the famous "KEYSTONE" WHITE LIME In hH torrltory for prompt shipment. "KEYSTONE" Is the highest-priced, but the strongest, whitest and bust Lime for Brick Work and Plastering. It is peeked In the best cooperage. ' We can also svll you good TENNESSEE LIME at lower yrloea. -Let us Quote you delivered at your town, car lots or lees. Carolina Portland Cement Co. SOLE msTIUBCTORS. CHARLESTOIf, ft. O. ' JUST RECEIVED Carload Choice Heart Cypress Shingles Extra fine quality. B. F. WITHERS Distributor Builders' Supplies Charlotte, N. 0. Comfort SOUTHERN' QCKKHATE SAVE FUEL. J. H. WEARN & CO. Charlotte. X C. Write tor Uantel Catalogue. A GOOD RULE TO FOLLOW In deciding on where to place your order for plumbing and heating work Is the reliability of the plumber. Tou will And us reliable In esti mates and in work. Good work; al- ways. and prices the lowest at which good work can be dona. HACKNEY BROS. CO, Phone 313. Charlotte, N. C 154t' ,;.,, - -i' , ; ., ATisAMTsW fj km Automatic Feeder. Openers, and Tron, Breaker, Intermediate 4Ua4 , Finisher Lsppera, Klrschner Carding Beatarj Thread Extractor, Waste Pickers, Raw ETC ETC 207 N. Tryon St. First National Can!. OF RICHMOND, VTRGDriA. Capital $l,ooa,OO.0 8urplos Earned . . . SOO.OOo.M lPooHe .MQ.MO.M Solicits accounts eg Maaa facturers. Jobbers aad ethers needing banklngr faefUtleat other than those afforded by local banks. A Growing Baak Depository. John B. Puree U, President John M. Miller, Jr., We Presl. dent and Cashier; Che a, R. ' Burnett, J. O. JopUn, W. F. Hlielton, Alex. F. RyUad, As sistant Cashiers. ? MECKLENBURG IRON WORKS CHARLOTTE, Jf. 0. Motors, Dynamos, Alternating and Direct Current Any size and voltage. Stock on hand. We ask for orders. JL D. SALKELD & B0, I OOMMISSSIOX MERCHANTS ' a-Tl Leonard Strew. KKW TOUT ! COTTON' YARXa PEP-r.- - -T j Trdfk Vietor & Achella. kTAMES E. MITCHELL Ca ! COMMISSION MERCHANTS V Cotton Yams and Cotto? ! Cloths. I OOtfSTONMSNTS aKUCITEIl . rfrllsdeirphlOg its and 114 Chwsftsne V, Beaton. ISA Sesame K Vew Terk. No. TS Leaoas 9X ' av. Wye M. - HUBBARD BROS. & CO, HANOVER SQCARE, KEW YORM MEMBERS OF New York Cotton rt change. New Orleans Cotton Ex change, A see flats Members Liver pool Cotton Exchange. , - ORDERS. SOUCITEZWroe the pur chase and sale et ottos for future delivery. . Correspouileeca Invt-i - . - '.' . ' - A
The Charlotte Observer (Charlotte, N.C.)
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Feb. 22, 1909, edition 1
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