Newspapers / The Charlotte Observer (Charlotte, … / March 12, 1909, edition 1 / Page 9
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' OHAKLOTTE DAILY Uboiiii v iili, FKiDAi', MAi-ioxi 2, i i. .'" r t - ' ' j I rinancial and Commercial J I I BwkjBBsjsssjstBs I COXTOX MARKET. Slew York. March 11. The cotton mar- tfc was, rather more active to-day but jiflfce were easier and the close, while fteedy, was at a net decline of 5 to 7 r'lnt- The market opened easy at a decline 6i 2 to points and Increased the loss to a. nmtler of 7 to 9 poinu right after 4 opening under selling by eld loi.s ho wtfre probably discourage by the different cable, rumora of short time ta Lancaanlae and prospects for more rain 4 tb Southwest. Leading bull interests amd to be supporting prices at the jpicllne. however, and during the miudlw ason price rallied 3 or 4 points from ps lowest to ease on again aunng i;fe Jodie of the afternoon under renewed auldtttlon and tieai pressure. At the low point. May sold at 9 42 and ctober at 9 M. tire lowest price reached fa this week. Aiound 9 20 for Oc tober there was a good demand, both JEtom the leading longs and fresb buy er", and pliers recovered a point or two fci the later trading, although the un Bertone of ti c market seemed to be un settled. Official weatlwr reporu showed Ho pi compilation of consequence in the Southwest durli.g Cn"e past 24 hours, but tlie forecast was for showers in ,outn 'lex.ns and shower cr snow In northern portions of that State. Southern Fot markets offi'lally reportei" early wein generally unchanged and local spot buy ers reKut some demand for export To day's exports were heavy, being more than double the port receipts. nw.i..i i rh nrt ir-dv were 27.255 . . i. t iv last year For the week HO.fmO bales against IK IS last week and 100.735 last year. To-day's receipts at New Orleans 4.:5 bales ugalnst 5.8H2 last year and at Houston 6 14 bales against A.iTS lust year. bTOCK MAKRJKT. New Yoik. March 11 The perplexities of the room trailers were aOded to uy the waul of I esl)i)llbl ciiess In the sUH'k inaiket to-day to any new development. The riKXii traders gave over their efforts ih d:tv nroreased and left the inar- i.... unH t,..t mttH lutA IT the day. Such a spe tacle of dullness Is rarely wluiesctoi on the New York stock exchange Acute weakness developed In the Krie issues, accompanied ly ruiuois of a coming receivership. Serious a.s might he considered such a contingency there win no pressure of selling ln the general list of securities any more than Dure had teen buying on account of th Standard Oil decision The measure pro jected for the "rescue" of the Krie fron a threatened receivership by advance from fc. 11 llarrtrnun was one of the earnest and most potent factors In start ing the revival of speculative confidence. following the state of collapse loiiowiiui the financial panic. A failure now to make permanent, the provision then te mporarily arranged would present many suggestions of unfavorable purport. The news from Washington pointing to the formless future of the tariff revision was of more effect ln clogging! the ac tivity 6C the market than events nearer at hand. A few stocks moved under the impuiso of special causes The sugar Industrials on the hope that the Import dimes would be "undisturbed. American ';,,,.,,, preferred beca-use of the retiord earnings reported for last year, and so on in a few other cs-ses. llonds were steady; total Bale, par value. t3.04O.lW0. I' S honds were uncnangea on iao Total sale to-day WO.) shares. rh:,tiiiK Sruror 1.600; Tobacco 3,600; C ln- & C) Em 44.W; N. W. W: Hto" Hheffield 100; Southern Rwy. t: S Steel 34.100, Va -Caro 400; ptd, , rtiem. 300. Ilnhharrl Bros. Co: Cotton Letter. St-mi to The O'. servei. New York, Marcli U.-The liquidation cf to-dav appears to be due to ino dull ness in aeneral business causing sunn of the outside holders to sell. While the Kovernmeiit predicts rains for to-morrow in Texas the predictions hav been so .,., of late that little attention was ..i.t i them The market ha milled s,, frequently from alout these prices that many orders to buy the new crop on the basis of m are yet to be filled. Willie the liquidation to-day surprlse'l 'h market thee Is no disposition to-expect a Ce. line of more than a temporary na tuio unless the South give way on their bj.ot holdings. New Yon rroiluce. New York. March 11. -Hour quiot and steady. Rye Hour steady. Bu kwh&ai 'flour '.piiet. Hu. kwheat dull. Corn meal itti.nly Kye dull. Barley steady. Wheat ilrm; No, - red lr to 1234 ele vator. Options V. "et advance. May tils; July 111V Com easy; No. 2, !', elevatcr. Options showed partial V net decline. May bhi: July 74'; Sept. 74'. (lata KifV. mixed 6oln to fiS'i. Beef steady. Cut meats firm. iJird llrmer. Pf.rk ilrm. Tuliow dull. Rosin quiet. Turpentine steady. Rice steady. Mo lasses steady. Kugar. raw firm; fair rctining $3.30 to 33l. Cortee quiet; Rio No. 7. ; bontos No. i it; mild steady; Cordova 9 to 13. Fu ture closed steady, net unchanged to S points higher. Butter Dincy creamery Mrro; other grades easier; process, common to spe cial ir'to 23H- Cheese Hrm. unchanged. Eisrra easier; Stata, Pennsylvania ar.d nearby white fair to choice t: to 23V; brown and mix ed fancy to a; do. fair to choice 1914 to 217. Potatoes firm; Main in bulk per 180 pounds II 75 to (3. Stat P 37 to 2.2. Catbhage firm; Southern new per crat tl t(f 3.7S. ' Freight and peanut unchanged. Jerpool Cotton. Liverpool, March U.-C16sing cottoni , Spot to rJr demand; prices four polnti lower; Anverlcan middling fair 6.65; good middling 2S; middling 5.0B; tow middling, 4.53; gooo -ordinary 4i,S; ordinary 4.1 The sale ot the day were 8.000 bade of which LOW were' for specu;alUB ttd export and ln- eluded Amerteon. ftecelpts 23,000 ' bale&rincludlnf 2LW0 American. , future opened dull and closed quiet. ..tofMcfe . .... i. s.oot arch-Aprt! SW Vnril.M,V . ... .. ...... 6M ! irnv.Jnne ... BC.'ii ' June-July . .. , July-August . E.04 4 4.90 4-S8H ioim-Heiiteitiber ... : t feeptembe-OctoBer. ...;- ? Oeteoer-Novsraber''.. ...f.'.. .:. It'ovember-Decemtr ... Y December-Jan ufT ... ... ... ' Jsnuary-february 1 Dry floods Market. New Tort, Match 1L The 4ry goods frutrkct M maatMerr active an read to wear goods and goods for fait The Job " . bius hotu trad for the day waome- twhaV- nHter . lmt t fair, application H still aoted In piece goods for Immediate shipment Raw silk la steady ave ln ,tuinh7. vUra large sal have Ijeea - tade t cotton mantttacturers. : ' Dally Cotton Market. Ne- York, laicn 11 Uaivebiun. tone eay. middling S 11. net receipts 7,ifc. grua receipt T,sS, gi-lco 48, aiock 1. 4i, continent. Ki.MiT, coaaiwUe 3.604. Nriw Orlean. rone hv: middling 8 T-lb; net receipt 4.Jt3. gioas reee.pti i.it&. falbis l.M. stuck Jit.Otm. France i.utw; continent i.ual; Mexico 100. -Mobile, tone quiet, middling 7-U. net receipts groso receipt 4J7; said Uu, i stock 51.bu2, coaatwUe ito. ! Savannah, mnp dull and easy; middling ' &-id, net receipts l.ltW. gross receipts .lno, vales 1,168, stock 77,&4U, coastwisa iou. j Charlst.,n r.-t receipt 2(16; gross re icaiptt dJ. mock 16. M; coasiwlee 379. Wikulugiun, -nt riipt re ceipts "ii; stock 4.276, continent Norfolk, tone steady, middling receipts 1.1'ib, gro receipts l.luj, 11 J. block &.tt&; coastwise Baltimore, tone nominal, middling 9H; gross receipts JSO; stock 17.9S6. New York, tone quiet, middling 9 i. gross receipts 2,404; sales 1.(170, stock 1. 163, continent l.tM, Japan 200. Boston, lone quiet, middling 9 net (receipts :.T. grus receipt Philadelphia, tone steady; n.idrt.ing 10 tie,, net recepts . gross tet eipts iS. sto k 4,153. Hrunswlck. net receipts 11 679, kiwi re ceipt 11.679. til. Britain Total to-day. at all rts. u.-t ... Britain lS.gU; Friiif 6,i0. fun i.'-m .'K. -113: Japan 206; Mexico 10'. t. k 117 Consolidated, at all ports net l"7i.(4. Ot. Britain 26.4M; France 17, .onin.eiii W.Tt8; Japan w Mexl.-o !'' 1 Total since S-pi ffli!r 1st. at II por's. net a-.. 37't . Ot. Biitain J -.'-" riante S!w.70t; continent 2,T3;. . J J pun ib.3.v. Mexico .S4t. 1NTERIOU MOVEMKNT. Houston, tone stea-'.v. middling 9 7 HI. net receipts .3.4. si'." receipts fi?,'4. shipments 6,221). sales Si;, stock 1 42.81 J Augusta, tone q n let . luiddllng 'J'a. net receipts 366. gross leoeipts 314. shipments 336; sales 9i; Hv k 77 'f. A1m,,l.l f,,r,e M.-a.U. ml'Mlina 9 net receipts 1 :! . r.ss re.1pt " '. shipments 4 7M. sales 1,7; si.vk 149 M. Kt !, -i, tone .i.llct. rnl'ldl'ng 9 7 Hi; ln et receipts 3M. gross receipis ir l.Tnclnl tt. net receipts 1.157: gross re 7. shipments 70. stock 19.095 eel pis 1 l.i7 I'U1S llle Uttrf H tone lit m. middling it k. lone steady, middling H-Ki. net receipts 341; gross receipt: shipments 6w2. s'.ock tn.347. Total to-day. net reilpts .77: gross receipts 13. 26; shipments 13.. Xh 2,3, stock 478, 1S1. sa les tThloairo Grain ami Provision. Chicago. March 11 -A revl ed export de mand and reports et damage io I lie grow ing crop hy "winter killtiiK" helpel to neate a strong tone in the wheat market i to-day. At th close pneos showea nei gain ot H to t'orn and oats closed Bales steady and provisions rirm WHliAT High Low Close May 113 11T-, 113 July 13, 1 ." Sepiemher i7: '"'' ' COKN May 6S', 67S 6S July i: September "7V9 i7 C'-i OATS- Mnv '' July 49-, 49H t"1 I'OKK- Mev 1100 17V2 17i7 July 1 LARD May I'K KJBS- Iay 43 V July 6 July I'HS Wi5 P.f Piaval Store. Wilmington. March 11 -Spirits turpen tine steady. 37; receipts 2 casks Rosin steady. $L'.80, receipts n barrels Tar firm. J1.20; receipts 31 harr.-l. Crude turpentine firm, il. $3: re ceipts 4 barrels. New Orleans, Match 11 -Receipts: barrels rosin; 4 barrels turpentine. Kx ports none. Charleston, S, C, March 11- Turi.en- tine quiet, 374. Rosin quiet, salew 310 barrels. A H C HfC. D $3.05: E 7:; F : (.v.iote: O M V 7j; N $1125; W O $0.35; W W 16 40, , March 11. Turpentine Sa:iTliiah. Ga ftrin. 3H; sales 15K; receipts 112; shli-shlp- inents 44'V Rosin firm; sales 4W: receipts 425 ment 4.045. stock 153.027 Quote: R and n rri.-,: r. 13 JO: V " : " $3 I $4 10; K M $5.S0; N K O $fi.4S; W W & New York Cotton. New Tork. March 11. Cotton: Spot closed quiet. 5 points lower; middling- up lands Ki; middling gulf 10.05, sales 1,670 bales. Futures opeiu-d easy and cloaed steady. Op. n K 60 llleli Ta.w Close March .. .. w J '.' 4i April May D.4 v j 9 'i7 9 31 9 22 9.42 June July 9 39 9. ; 9.34 Aug 9.31-33 Sept OcL 9.26 9 26 Nov .. 9.241 9. 18 IS 9 15 Dec 9.20 9 20 9 15 Jaa. .17 9.13 9.14 Chicago Cattle. Cbioego, March 11. Cattle, receipts es tlm&ted at 4,000, market steady; steei; J5 to 7 40; cow .S0 to 6.60; heifers 3 2 to $; bulls $3.75 to $5.25; calves H So ti W.25; stocker and feeders 13.30 to 5.30. Hogs, receipts estimated at 21,000; mai - j kct steady; choice heavy shipping fS.SO to 16.90; butcher M.75 to I6.S5; light mixed to. 45 to $6.(0; choice light $6.60 to $6 05; piss $5.2& to $672$; iulk of seJet $6.65 to $60. Sheep, receipt estimated at 14.000; mar ket steady to 10 lower; sheep, $3 to $6.40; lamb $6 to $8; yearlings $5.90 to $7.25. Money larkei. New Tork. March U. Money on call easy 1V to 2 per cent., ruling rat 1; closing bid 1; effejyd" t Time loans Inactive; 60 days S per cent, offered; SO days tV, to Z- per cent. and six months $ per cent Close: Prime mercantile paper 3V, to 4 percent.; sterling exchange steady with actual business banners' bills at 4 95 to iSe.CS for 6Q-day bills and at tSS.10 for demand. Commercial bill im to 4S5; .s4iveej(ttfu4aJteiJAA-.t- , New Tork Canie. New Tork, March U. Beeves, receipts 3,77.' ' "'(' -, ,' ' Calvas. receipts 139; city dressed vesJs Sti to 14; country dressed . to r?sf Bheep and lamb, receipt 2,389; ordinary cheep $4; ordinary to choice tambs $7 to $3; culls $C.S9. , , Hogs, receipts '1H. - MI.ES TBETD' I JT TO 14 DATS PAZft OIJiTMEKT li guaranteed to cure any case of Itching. Bliud, Bleeding er Protruding Pile in to 1 days or money refsndedV iOc - 1 , - EXCEPTIONAL 96 Spindles Universal Winders (practically new) style No. 50. 5 Vhitin Twisters, V0 spindles earn, 2 1-4" rings, 3 l-'J" space, creels for 4 ply. Kails have platrholders and double tlaimcd rings. 20 F. ft J. Spinning Frames, 208 spindles, 1 3-4" rings. 2 3-4"' space, double en -els. 10" Wbitin Cards. FULL VALUE GREENSBORO CARDS nmm c frames ftf MASON MACHINE WORKSw COTTON MACHIWERY TAUNTON, COMSECS 1K' KULES LAP MACHINES LOOKS; SOUTHERN OFFICE AT CHARLOTTE EDWIN HOWARD, AGENT. IJr THKKK IS NO ONE THTXG ABOUT j W..:jj ' ' A STKAM PLANT THAT PAYS M ImP THI SAME MV,DEXD AS P"'K tiM M'ii'pt 0 KKINC. LET IS TELL YOU MW noiT it iSl:'5'J CAROLINA ASBESTOS MFO. CO N'H"tt; orICt AMD WORKS SJssMCBEf NSBORQ Nf if"" .lEMSte!S'U. t g y- j t" jmi'' -if - smwhw -r 111 js.W'BJm ' S I E m i Is, THE ML KUNTER COMPANY (Chartered) I PUBLIC ACCOU NTANTS AND Al'DITORS. Cotton Mill Audits. In vcslltalloti. Bauk Exanuuationa. i J21B-20-21 hinpirc ltldj;., Atlunl. Ga. CORRESPONDENCE SOLICITED i Cliarlotte Cotton. These rig.us repioeut prices paid nagi.'i:. Match 11th ' (ioo-i innliilitig M l h I nuddhiiK .M:adluii . Charlotte aliu tCorrcctci Uan uy CVU.raie-McLaugh 111) Co.) live I 1.35 Cum 83 c ton "Meed SO On 72 Me:, I 24 Cotton Mcil -Seed, ton 28 00 t liarlotle produce. (.Coi recu-d to Eultcr Chickens Spring . Lucks tjese per head... I-'Kg Hens pel head . . . H. Field & Co i3&'tli m 20 'Ji 20 &2S 40 i;50 15 36 640 Turkeys-per pound 14 tfli .Vow (Irlcans Cotton. New Orleans, March 11 Sjwit eol'on e.isv. l- l.mci, mlddltni; 7-16. sales on the spot 7.i ha;". tr aline UK Futures op tied dull at ii decline of r. to 7 points on unfatoralile fori-!ii advices and what 'wa.i construed t- ! In-tter weather ln Ithe Wcsten, oeii. Amutid the middle of jthe session trie oi-' lino wa carried 'further, pi lc- sitikii.g to a vel of 8 to 11 points li'W i-r than yesterday's clos ing In the avternoon session hea-y ex ! ports steaded llm market somewhat tttt j little renlnhig was si. own The closing jwas stead. at a net decline of Ho I points. ; Closing bids March 9 33; April - 3S, nominal. May 3 Iti; Jun 8 52; July 9 57; October 9 23 Baltimore Produce. Baltimore. March 11 Flour Arm. un- !changl Wheat dull: spot contract 114V4; I Southern 011 gride 121 to 1234. Corn steady, spot contract 72 to 72V; j Southern yellow 70V4 to 72V, ' Oats firm. No 2 mixed 57V to W. I live firm; No. 2 Western domestic 8S asked Cotton seed Oil. New Yufrk, March 11. Cotton seed oil was quiet but generally steady with hog products Prime crude $4 53, prime sum mer yellow 15.52 to $S S3; prune whit S5 .'i to $.r. ); prime winter yellow 1 7S 10 W.ti. otT summer yellow $5 36 to $6.56; good off summer yellow $5 4$ to $5.57. ESTIMATES To-Morrow ... 45,000 New Orleans NEW YORK DOXDS. U. 8. refunding 2s registered U. a. refunding Is, coupon V. 8. 3s, registerd U. S. 3a. coup-m 17. S. 4s. registered U. S. 4s, coupon AIll-Chalir.ers 1st a American Agricultural is American Tel. Tel. cv to American Tobacco 4s American Tobacco es Atchison ga a Atchison tShort Line 1st 4 Atchison cv, 4s ...... Atchison cv. $ ; Atlantis Coast Lin 1st 4s Baltimore es phlo - - Balttmet Ohio 9H- Baltlmcr A Ohio 8. W. Sfes bid . Brooklyn Transit cv. 4a Canada Southern 1st ft ofd Central of Georgia am bid Central Leather im Central ft- R. of N. J. gen. ts bid.. Cheeapeak Ohio 4V, s Chicago Alton (V, ofd. Chicago. B. & Qulncy joint 4s .... Chicago. MiL St. P. gen. Hs.. . Chica&x IL I. si P. Ft. R. col. ... Chicago, R. I. P. R- fU col 6s.. Chicago, R. I. P. R. R- rfg. a.... C, C C. 81. Louis gen. 4 Colorado Industrial s. Colorado Midland 4s Colorado South! ref. ext. 4Va . Delaware 4c Hudson cv. .... 101 V4 101s Ml 101 111) 120V1 tl 24 & 7s l'WVi 100' Kt-V loss ; 101 H nv S3S VVii 12s" 106 US 946 ' Ti 90 97V 73 9 10 110 Rev. Flat Tops. FOR YOUR MONEY. SUPPLY CO. Delaware ft Hudson 1st ref. 4s ofd. 102H Denver A Rio Urands 4s It7 DleUller i 74-, Ki-lft prior lien 4s 8Va trie Gen 4s " 70 Hrle cv 4 series 'A " ofd 68 trie cv 4 series "BL' B7V General Klectric cv. os tad lsS Illinois Central 1st ref 4s ,. 10US4 Intorburough-Met. 4ViiS 7H7, Inter. Merc Marine 71i Japan 4s bid 8SV4 Japan 4S S3 Japan 4V4js. 2d series 92Sj Kansas City Southern 11 3 Wd... 75 Lake Shore deb. 4s (1931) '.& Louisville & N'aali. In. 4s 101 Missouri. Ksn A Texas 1st 4s.. .. 100. Mo . Kan. & Texas 1st and ref 4s b. m; Mo.. Kan A Texas gen. 4Vs 91", Missouri Pacific 4s fC New York Central gen. 3Vs hid .. HJVj New York Central deb. 4s afi New York City 4V4S (new) 111 N. Y . N. H A Hartford cv 6s.... 134 Norfolk A WesteVn 1st con. 4s.... 9H: Notlolk A N'estern cv. 4s 9tS Northern Pacific 4s 11334 Northern Pacific 3s 74 Oregon Short Line rfdg. 4s 93 Cenn. cv 3s 1 19 15 f.v, Penn. Con 4 0. 104Si Reading Oen. 4s bid 9 St. Louis A Ban Fran. fg. 4a ... 8aS cu. Louis Southwestern con. 4s ,s 1 St. Louis Southwestern 1st gold 4s.. 91 Seaboard Air Line 4a ofd ii..L4 ; Southern Pacific col. 4s bid pi , Southern Pacific R. R. 1st ref. 4s 5V j Southern Railway 5s 111 1 Southern Railway gen. 4s 7tvt Union Pacific 4 let' ' Union Pacific cv. 4 1 lap. Union Pacific 1st and ref 4s bid . Sti U. S. Rubber 6s ..." . ht, V 8, Hteel 2d 6a 1 di Virginia Car Chemical 5s s Wabash 1st 6s IIJ'4, 73' s.t W 94-i 94 l2 Wabash 1st and exL 4s Western Md 4s Westlnghouse Kle-ti1c cv. 5s . Wisconsin Central 4 Den. A Rio Grande rfg 5s . . Ches. and Ohio ctfs. r's. bid CLOSIAG blOCK LIST. Amalgamated Copper . . Amerloan Car & Found ty American Car Foundry American Cotton Oil 6S V 4 lun 37V -7s, 1J oi;1 112 10;-i l-K'V 'M 2tV pfd. American Hide A Leather pfd. . American ice Securities American Linseed American Looomotlva American Locomotive pfd American Smelting ft Refng. .. American Knurling & Kefng. pfd Amerioao Bugar Refining American Tobacco pfd American Woolen Anaconda Mlnlngi Co 4 Atchison Atchison pfd Atlantic Coast Lin 117 Baltimore 4 Ohio 107V, Eaittmore ft Ohio pfd. 93-S Brooklyn Rapid Transit Canadian Paclfle Central Leather Central Leather pfd Central of New Jersey Chesapeake ft Ohio Chicago Oreat Western Chicago ft North Western .. Chicago, Mil. ft 8L Paul .... C. C. C. ft St. LouU Colorado Fuel ft Iron Colorado ft Southern Colorado ft Southern 1st pfd. Colorado ft Southern 2d pfd. Consolidated Gas Corn Product Lclaware ft Hudson Denver ft Rio Grande Denver ft Kio Grande pfd. .. Distillers' Securities liris Erie 1st pfd : td, ..y TV.,, ' General Electric Great Northern pfd. Great Northern Ore ctfs. . . .. Illinois Central ... lr.!eraoough-Met.' Interborotiga-Met. pfd. International Paper. International Paper pfol .. .. International Pump iowa Central . :, Its, '-4 -': ii, 22.V, wv 6-, ITT Hi' 72V, 3l;i tS-Tn 3 79 127V, 1SV L2V, 43, K5 34't r 1MH 141V iv v r CI r ' 2 Kansas Clrr Southern 44 Kansas City Southern pfd. .. 72V4 LouislUe ft Nashville .... , m MlBttea pells ft gc Louis 61 Minn.. 8t P. ft Sault St. XI 1444, Missouri Pacific .... 6$v, Missouri, Kansas ft Texas Missouri, Ksnsa ft Texas pfd. .... 71 Vi National Lead ,..4 ... 71 . Flrtol mi mi 1 COTTON MILL MACHINERY. Stuart W. Cramer, at o not Charlotts. n. o D!ving Flat Card, Railway Heada. Drawing Frame. Spinning Fram4, Twisters and Spoolers Quillers and Reels, Looms, COMB Li R5 ETC.. ETC New York Central New Yoik, UnU.uo at Western Norfolk Western North American Northern Racine Pacific Mail PennsyK anla Peonie s Oas 123V 44 So Si So M 29. 129 li , . 3.. 1 J4 123 V 71 01 Sj Pittsburg. C C. - St Louis .. Press d .leel far . Puilman Palace t ar Hallway Steel Spring Reading Republic Steel Republic Stetl pfd Rock Island Co pfd Rock Island Co Ht. Lout ti han Fran -d pfd HI. Lmil boui h eaiern St. Louie Southwestern pfd ... Sloss-Hheffield Steel and lion .. Southern Pacific .southern Pacific pfd Southern Railway Southern Railway pfd Tennessee Copper Texas Raffle Toledo, St. Iiouis A West Toledo. Wt. Louis A West. pfd. Itnlnfi Pad Ac 61H i 3:4 I KVi 1 72 Ul 23H, 61Si 32 4f. 174 Cnton Pacific pfd Lulled States Rubber 28 V4 United States Rubber 1st pfd. 102 United fltates Steel 4&i United fiat' Steel ptd 110 Utah Copper 40SA vii 4nla-t:aro!lna Chemical 43 Vtrglnla-Oarollna cnemicai piu. 114 W abash 17 Wabash pfd Wettlnghouse Electric 77 Western Union Wheeling I-ke Erie Wisconsin Central American Tel &. Tel Ktandaid Oil 9 4SVi 12SV, DEMOCR.ATS IN CABINET. Sperulatlon it to TLelr Influence oti Administration. New York World. IVelve years ag a Republican Cab inet made up In part of Franklin Mc Vagh. of Illinois, and Jacob M. DlcR inson, of Tennessee, would have been an Impossibility Ttiey were Democrats who were able and willing to explain why tbey were Democrats On uhe lt stie then uppermost their presence at the crsunoil iboard of a Republican President would have been as piuch, of a reflection upon themselves as It would have been uipon him. They were opposed to Republican Ideas and mflh'ods. They belleve.1 they hud bcsMer ones of their own. In the changes wihlch have taken pluce sln-ce then Republh anism na well as Democracy has been modified to some exirent. Ibut the most striking dccelopmen.t has been the radua.1 le line of the Democratic party as an organized opposition to Republican ism. Wherever the blame may be placed. Democracy of late has failed wholly In this respect. When it has nol undertaken to pioneer ln Repub lican fields, planting its outposts far in advaruc-v of the orthodox hosts, it has been content to act as the rear jru.-ird. sometime sullenly, but rarely with any !gns of revolt. Under u h circumstances men like MacVeagh arul Dickinson, celling ttumseheK LH'imocrats, have been, vot lt 1 the Republican ticket, not because hey were in all respects In harmony wrh the principles for which It stood, oui because they failed to discover elsewhere a tno-vement that appealed t . thean As between genuine Repub llc.nlsm and Imitation Republicanism, t !i.-'. like many crthers, preferred the f .rmer. Their political afflllatlons hate changed, but ihwva their principles changed? On h answer that is to be given to thl qtwsstlon must depni the in Huence an-d the contentment of these gentlemen as Important members 6f a Republican adnidnlstratton. Bath are revenue tariff men. Both are consti tutionally opposed Do excessive gov ernmental activity. Both are ihostlle to centralisation and to Imperial ism. Both have a strict regard for ol 1 fHshloned Ideas ot economy and sim plicity. Both hate the very Idea of privilege and favor. Both believe that the freedom, security and happlne of ihe people have bhetr best guaran tee in the preservation of the digni ty and authority of the Startes. Both ran be quoted in proof of all these things. As representatives of Democratic thought, as pokesmen for a minority long allenced. and as monitors eua pestlng the power of the Independent vote of -which the party in power has long ibeen the beneficiary, they may serve a useful purpose at Washington. "Taking" Other People's Papers Wilmington Star. you boys and young men who go around ln the early morning "picking up" morning papers from people's doors where they have been left by the carriers probably do not know that you are guilty to stealing and can be Indicted and sent to prison on a charge of larceny: but such Is a facL In the recorder s court ln Char, lotte th other day a man was ar raigned on a charge of larceny, his offence being the taking of two copies off The Observer from the door-step where a carrier had put them for subscribers. With consent of the prosecutor the court changed the charge to trespass. Th man was found guUOr.an.ti flna.4 Mf-JBd. be a warning to those who are In the bablt of, taking other people's papers. Captaln of Palmetto Riflemen Ke- signs. Correspondence of The Observer. Anderson, 8. C. March H CapL 8. M. Craig has tendered to Col. W. W. Lewis his resignation as captain of the Palmetto Riflemen, effective at once. This action on the part of Mr. Craig was prompted by his necessary absence from "the city so much of th time that ha cannot give to the duties of th plac the proper attention. BNOINEER AND CONTRACTOR, KL M--- " W00NS9GKET IntermedUits Jack FranMa FOR RENT: 5-Room Cottage on Park road $!. S-Room Dwelling. 1805 Boulevard; water, electric '.Ight 9fSM -Room Dwelling, '402 V. Third 8t 1I0JS4J e-Room Dwelling, with bath room. Jckr.i Ave, Piedmont Park $. Frame Warehouse on Southern Railway. Second "Ward $10.00 R. E. COCHRANE insurance) and Real Fstat. SOT X Tryn St. "Phone M. TO THE BUILDING TRADE! We are pleased to advise that the cspaclty of our KEYSTONE LIME KILN8 has been Increased to now the largest In the South, enabling us to offer the famous "KEYSTONE" WHITE LIME In hl territory for prompt shipment. "KEYSTONE" Is the highest-priced, but the strongest, whitest and bt Lime for Brick Work and Plastering. It Is packed ln th best cooperage. We can elo sell you good TENNESSEE LIME st lower prices. Iet us quote you delivered at your town, car lots or less. Carolina Portland Cement Co. SOLE DISTHIBXJTOlaS. K.1NG COTTON'S THRONE. Here or In 1 Where He Is Only . Visitor? 1 Daniel Sully m The coemopolltan. In all discussion regarding cotton two faets are paramount first, that cotton controls the world, and second that th nation that reap a prodigal harvest from the sale of cotton goods depend upon America for the raw W" - x-v hestin 1 ne AtTieiiCi J to realise th significance In the fact that alien nations that never saw a cotton plant have long since entered he kingdom of cotton and now divide dominion among themselves, exclud ing the United States, where the cot ton is grown. The contest among the powers to day it for trade, and cotton ln some form Is the chief commodity carried. It Is Inconceivable that other nations can go on at the expense of America, winning trade triumphs with a com modity which they do not naturally possess, which they cannot obtain In sufficient quantities outstde of the United States and which they could not manufacture at a profit but for the fact that we sell the product near and at times even below the cost of raising It. An analysis of this trade In cotton goods reveals that of our exports more than six million dollars' worth con sists of unbleached cloths, while of our Imports more than twenty-two million dollars' worth consists of finer fabric. Including embroideries, laces and iMrtalns. Altogether the figures show that while we exported in the ten months ended with October, 1908, twenty-two million dollars' w orth of the output or our cotton mills the nations sold to us almost 100 per cent, more than we sold them. It Is a grotesque and almost unbe lievable item In the commerce of this age that a resourceful nation like America, the producer of the world's cotton, should buy back two dollars' worth of cotton goods for every dol lar's worth It ships abroad. Now Is the time fr American statesmen, American genius, to awaken. The dawn of the cotton century Is here. The Best Advice your wife can give you is, Don't Worry about the children. Provide for them by investing in one of the Standard Policies of The Equitable Life Assurance Society of the Unite4 States. Write, 'phone or call "W. J. Eoddey, Manager, Rock Hill, 6. C. WM. WHITE JOHNSON, Ren. Aft, Bunt Bldg, Charlotte, N. C. Southern Audit Company 'Iaoorpormted) PUBLIC ACCOCXTAJfTS AMD ACDITORs Rooms 1 aud 3, Tnut Building,, CHARLOTTE, I. C ; twH ATtaAMTsV. Knam AvtMnatic Federt, Opener and Trunk, Breaker, lotennedlate aa4 Pfnltber Lappers, OnchDer Cerdtnc Beat Thread Extractor, Waste Plckara, Raw Mack Otyatih ETC ETC CHARLESTON. 8. C First National Bank Or RICHMOND. VIRGINIA. Capital ll.OOO.OOO.M Surplus Earned . . . 800.000.M Deposits. e.ooo.ooo.eo Solicits accounts of Manu facturers, Jobbers and others needing banking facilities other than those afforded by local banks. A Grow Ins; Bank Depository. John B. Puree 11. President! .I0I111 M. Miller, Jr., Vice Preal. dent and Cashier; Chas. R, Burnett, 3. O. Jopllu. W. p. Shclton, Alex. P. Ryland, As slatant Cashiers. t j j I Iron Worlis Charlotte, N. C. We solicit orders for Machinery, etft., to handle Gold, Iron, Cotton, Wood, Steel, Brass. 0. SALKELD tt B3 OOMMIS88ION MERCHANTS s-n OOTTOX YAJUr I DKPT. l Frcttfc Viator & Achells. ijAHES E. MITCHELL CO. COtOOStUOK MERCHANTS - Cotton Yarns and Cotton Cloths. rtaUadefphla, it? aat Cbm 0C Boston, in Searae St. Tork. Ho. Tt CfcMfcKM, St . HUBBARD BEOS. & CO., HANOVER SQUARE. SEV ' 1'ORK MEMBERS Of frttr Ywk Cotton Ea chant. New Orleans Cottoa Lx ebaage. Associate Member Liver pool Cotton F-chnge, ' -, ORDERS SOLICITED far the pur chase and sal of cotton for tutur " 4Urerr. Corrospeud lnvtted. I ll I fiMKienDi ,1 -5, U. - I
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 12, 1909, edition 1
9
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