Newspapers / The Charlotte Observer (Charlotte, … / May 17, 1909, edition 1 / Page 15
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i- of r::r,a, . .f.rlDf I ..inn of an"'Tr JK' May 17, K, IB ,.,n,.deratlon r.r, or or...nuln, nf the National ff0'",;;turer. pernaps OM" -r. k n m effect Pr- IW" to exclude labor A " .he ecneral ia from W mi - . .;,,-tlve lettal pro- to fct' " , an t j-rcperty '"r'tWof the mei- tftf a I..J in the . It dottrines various mr"u . ..,r,lish -...m 1. all .meaiurf f Man- ,- U ...... Irtttr.S ' , come before ,r ' ,1-- -islon In FT the tudieiar 1. 1. deepest ln- 4,,nrM W' iKaae fl . . nuhHiit re deTnnea in ,h. ,m',n force hloh IwBon.trat.'.n. arr J K 1 . ntYlflf! Af ar? -.m.-'Hi'""' Ig'irously it" a i,llh.!bility of oome opt!nt' n:!'ur'f men, in ould create a labor than fr v P,w' oi" " fomiti'P-:jl rri"npn-B fcirh the urnms infmrivr thl 80 :ar the .Naticnai nr.- bf-n 1 11 p r.se n i i n uvn ijton aim rt'i'ue ui- Mr James a. r.mw y, cor.s-: if- ' i i Jjudiciari nmmittee nt the loner hcus " '"J"1 n(Jun4 ai 'I n mis due to .irM'Knnient of the oheri ::i Hit passage oi mui h a-" it ' to their ,tiur ,jf tli.'i-e aiiigi;rn, tnm udtiiari budlfs to cast In .in:;." ti 'lit that por- Pearr bill which provlfl- ct of two or more persons IlirQieran'.e of a trade dia- b ronstilf red unlawful red as :, substitute for , otatute on conspiracy tt? ! ask'-l to -require Urxr exclusively shall be pi! til public enntravtf. and Is bemtt asked tu violate treatiei. ivuh. foreign na- fHuirir.s lhat no individual poraiion s f i a ! 1 i mploy more r cnt of aliens. Furth- ime of jhese ein'j States are to mke It a niUdomeRn- M !" (lit a riL-ht of lecal list am ' ion iiIon or dls- pers.jii , Huff of hiern- a labor ;i:i1on. despite the t "i:!. frequently tl.41 u the .-Kht to dis ! iim.'e J by anything ct. tlit nsht t,. qiiit a job fURri-,e. with equal e duel injustice to the slat've prcoosnls are by cm: iclt 1 of the ineaj- ar t'o- States oo'S where ef- ine nnole t haie them' the NVional Association ar.r m.uo of t tuto l states fiHireniacy us a or. Tbcy feel "me of 'these 'ifas en a oiiresy (ii'OT "f tiie im tniK tiioir estab '...ul. p.'nflt. ''rthenming eon- Jts'h, ;' presj. ''l"ave a course b'lidcd upon, ; r' s Jit in the fi Hi' usures in they arc propog niad" to arouse ' the licinle In ftrine tfii It is Y Prt will inter. h-.h - "';'' l'"M)rr,o n me '"I'erity. In (V,e lr r. Em b Oitiral in.llf-V'ri'-an sin. the jr.. P Is I, i - ,, theo this air fcond. 't.act:n..ti that :., into law Af 1 b- more " pr, or and rt-NAYr.. " ?-ie few. if :'" r'Z'ic The " ' . and '"'iH lt 'trial field, "re hap- r "C"vry un- I 01 .aorta, I h r-corer7 ,. ,uk: ' varag rie- r .. ' n in- Ii .. 0 AND - MARKETS riod T W. . JUloWlnc tor tba Xct t(,at coesidenib) of UiU Jncn tu Itv oa th steCJC xcovk " rottow a(rvertbelM, tort W MtuU .Jnenw. la the volume e buataeas mult have been larselr recpooitble tor frttx an ex onloo A iU further evWenee of crowth to towi in the toxeat reports of railroad train, th total of all roada thua far reportm ia AprU ahowtoc aa tocreaaa ef aM M per cent, ever a year ro. Kailroada are benefiting somewhat from slight advance la rates, but here, too. aa actual Increase In the volume of tralTla plays the most Important part. It la quite evident that our railroad will present satisfactory net result during 1M, since trees earning r steadily lacreasiiic aad expenses have been great ly reduced by recently nfreeu, eoon emiea. Bearing la mind that the ratl reada wUl he free apeadara duriaa the rern ainder of the year on anoc-unt of de ferred repairs, improvements and exten toaa. tt must ha recognized that their return to prosperity cannot be otherwise than aa important faotor In stimulating business improvement elsewhere. Of ail the elements la the situation, the crop outlook la perhaps the least satis factory, the reduced acreage condition of winter wheat and oats being la tha jnain responsible. It is premature, however, to take a pessimistic attitude regarding wheat, since much of the loss in winter wheat can be made up by the increased acreage of spring wheat and favorable weather condition during the balance of the season. Much Of the acreage lost to wheat will be planted in com, which for the last few year has been a very profitable crop. The outlook now Is for a big corn crop, aad this would practical ly offset any loss la wheat. Corn not only furnishes a large amount of freight to the rai roads, but Is transformed into pork and other products, and is our most Important aad staple pf crops. Last Year we raised 2.689,000,000 bushels of corn valued at' fl, 618,000,000, whereas the wheat crop, amounting to 665,000,000 bush tls, was valued at only 107,000,000. Our cotton crop was valued at 1700.000.0GO and hay at )6U,0OO.0O: so that th supremacy of corn is far beyond question. Should the country bo favored with another big crop of corn, which th prospective gen eral Increase in acreage suggests, w may feel reasonably sure f another year of agricultural prosperity, tho Importance of which can hardly be overestimated. As has been repeatedly maintained In these advices, this country is' in crying need of big crops, not only for the pur pose of bringing down the cost of living, but also of rebuilding our rapidly declin ing export trade. Our foreign trade bal ance Is still on of the most unsatisfao lory feature of the situation, export continuing, light and imports unusually heavy, the result being further large gold shipments. Very llkley Europe will before long be absorbing considerable amounts ef forthcoming bond Issues, which will afford a better supply of ex change and thus tend to check the out flow of gold. It Is quite possible that the latter, unless checked, may continue to a harmful degree In the present high ly Inflated condition of our currency. The present cheapne of money encourages this undesirable tendency, aad bur lead ing bankers would gladly welcome firmer rate's for money for reasons of prudence as well as of profit. Bank loan are hov ering around the high record, while re serves of both bank and trust companies have been greatly depleted. These ten dencies suggest a hardening In rates sooner than wsa at one time anticipated. What the affect of a sudden calling in of loans or the issue of considerable new security issue upon the stook market would be remains to be seen. It doe not seem probable that they w'euld pro duce any Important reaction under ex isting; satisfactory condition y but the) would at least moderate bullish en. thuslasm. The chief reason forrcaiiUon at present is the unusually high' lever 'of this mar ket. Railroad stocks are now: approach ing the highest point reached in the boom of 1907. The same Is true of many industrials, althouglf fftfy have not until recently shared proportionately the strength and activity which have been experienced In railroad shares. The present support of the market consists of a big supply of iptimiam and money ! praise wherever the orchestra has ap ccmblned, and the Immediate tendency of I peared. With strong poetic tempera- prices it must be conceded Is still up- i wards. Nevertheless present conditions ravest danger I lnsl"e aolling, snd there are the u. ' ,f'. I best reasons for beileving that rich hold- en n&ve commenced to gradually lesson their commitments, and will continue to do so Is without much dou"M; so, while stocks are surely passing Into the hands of traders who keep the market active i general and Kive ,l an appearance of general id have to ,trength, my advice now Is to new buy ers be cautious, quick ln-and-out trans actions are for the present the safest and best now to make. There also Is the possibility, too, if not probability, that Europe will be a seller of our high-priced railroad stock on any further advance. The shrewd Investor, and the speculator In particular, wlU be obliged to use much discrimination In buying m these prices. FINASfCLWi REVIEW. New York. May 18. A feeling of confff dence over the progress of business alhd industrial development prevailed In the financial eommunlty last week, ih the iu4erst by securities and money markets this made aniriK of "sen ten. but was tempered' by the. ex mprse upon tent to which th anticipation of this ta t that condition had already gone In the spec-: ' tne nature ulation. Hence the uneven and Irregular ters which price movement which left the tone" of r J 'dement. . the stock market confused and unCer- pro- tain. j Evidences of business Improvement CamA f nm np.MlMllH 1 1 A I n f Gi ihi ustrv -''-'"' J uunuun f -t than "mportano was attached to th ad 'han' nant vlces from tk Mal trades. The April statistics of the copper producers asso : elation showed that the deliveries had taken care of all but less than a million pounds of the mpnth's production, whlla the rate of production was fully main tained over that of previous month, it was significant of the speculative condition In th atwv ,h. .t,-. the copper securities thenualve sold off oo "elf Ihft nnh1lna. - . i r .....uull v wig e jiuv u rei 11 g ex hibit, iron aad steal trad authorities gave testimony t the growth of sounder conditions In that tvaA. a " -as Hr I J301"1100 goveramg the crop prospects n ar.d i" at rrdd r"7 Improved, owing ' ac'vi.v I the wether- Return of railroad ' ;'t'Tai rsoi' I fl8 Pnston' la freight 1 ' ent work ' T"- ExP51'1 bank clearing and "thr metli 1 U ,J,CPea-n uPPll' of mercantile paper improv l"?en " aaotbw ladax f h.l ctric a-'-ii rub- , ' 'mf teadeaey of trad. Ia. !;. tnnom, of lron "W" tri favoraW. , ! als"' hough in,! W-ka aal. qj -tn, t of rtK,iH J! an occasional snow "': heaithv i -- "wwigiii. ooeuers up- lb genlrX ' I "f 5 nstlon1 the laar. material.' ' Z 'v tt mot Jt emblaac of U.; ""can.i i buoyant Hmtth th. .t , h' tat fture u I -tbt FT not oootmtd tor by te """"ns of r. , l"cu PPmnr but by abundant ' "Wion. it ., ' ;'"V f10 Project near maturity ''-t s.in .. " to disapprootlata th rn.i MMMi. ., Z7 oitrlbat tba prieeed ru mXm To? m. . '.I ft,... uiu- ,n. . c. . : Vrv ,. HiniOI. .""v.! ' level Is computed to mJ:."l St.... "ceetf say touched tmfarm n rntm. t.. w of ,k UUT" nary. is?. Th- s., J V ZZZZ. ' .rv out the, hi' , ,";6"1 p. 1 iTl .,cr5,u aa Important degre. "atn demands for bsnWns1 facUU m ' Iff TRIED H"xiV I) HamUton 17"xJ" (t) Greene lMx4" ITick 2rxr Greene (0 H. P. 100-pound pressure S6 H. P. O) 100-pound pressure 100 H. P. 100-pound pressure 125 H. P. 100-pound pressure 125 H. P. (I) 125-pound pressure ISO H. P. (2) 125-pound oresaum Tha adoption of electricity by so many manufacturers make It possible for ytf u to secure a fine steam plant, which has been used, at a big discount oft first cost. GREENSBORO SUPPLY CO. GREENSBORO, N. 0., CARDS MASON MACHINE W noise COTTON MACHINERY COMBERS mam. UP MACHINES SOUTHERN OFTtCC AT CHARLOTTE EDWIN HOWARD. AOKNT ilCtHtNrl s I i !1 THERE 13 NO OIVE THUVG ABOUT A 8TKAM PXAITT THAT PATS THE SAME DIVIDEND A8 PIPE COVERING. LET TJS TELL YOV ALL ABOUT IT. i ? II w rEmw-M 'mmm mmr ties are growing and great corporation loans remain to be provided for. Tenders of money for fixed periods are raising In terest rates In anticipation of the over weighing of future demands measured to the supply. Diversion of money for tuch needs would prompt withdrawals from employment for speculation and mlgJit force selling of stocks. Famous Harj)'t With the CTtUburS' YVHAlral Ort-tieHrra. 'Mr. Schuecker. the harpist, of the Pittsburg Festival Orchestra, is a young man well known on oth sides of the Atlantic, having made tours In Europe and America. At a child he traveled as a "Wun der Kind" and is one of the few child prodigies who Improved and now 'Is a matured artist. Mr. Schuecker studied in Vienna (Austria); first, under his father, who is considered one of-the greatest liv ing harpists, and later with the cele brated Zamaro, Last season Mr. Schuecker made a tour throngh Europe on which oc casion he had tho honor of playing for H. R. H. Duke, of Weringerodo. and Grand Duke of Coburgh Ootha. As harpist of the Pittsburg Sym phony, prchestra, Mr. Schuecker has been, ' accorded most enthusiastic i nient, his playing Is characterised by brilliancy and unsuaul beauty of touch. 4 1 ' 'Th Pltuburg Festival Orchestra, th Charlotte - Festival Chorus - and eminent singer will give three con certs the May Musi Festival la the Auditorium the night of the lth at t o'clock, the afternoon of the 10th at J o'clock, and the night of the 10th at o'clock. :-,''- k VaadevUle at the Academy. "Beginning with a special - matinee performance this afternoon at 4 o'clock, the Academy of Music wlll offer a big vaudeville bin throughout this reek. A wrmMr of feature acta have -been booked, and It 1 promised Malaria Makes PaK Sk-kly Children. The Old Standard GROVE'S TASTE LESS CHILL TOiVIC drives out ma laria and . build up the system. For grown people aad children. - iOe t c 1 1 I and FOUND WORTHY CORLISS ENGINES BOILERS spurn ERASES AulMTON, MULES LOOMS iPEeOYERU A. Mm 4 avr t i-irut VjUv snCNSBGWl WX.4V by the management that this bill will surpass anything In the vaudevllU line that has yet been offered tho amusement lovers of this city. There will be a matinee eaoh after noon at 4 .o'clock, and the first per formance at night will begin promptly at 8 o'clock. The price of admission will b 10 cents. Keep Girls on the Farm. Paul Dispatch. St. "Keep the man on the farm" Is a favorite warning from the economists. Something should fee done to keep the girl on the farm, or at least to keep her there until she knows exact ly 'what she Is to do when she cornea to the city, knows who Invites her and who is to meet her 'when sho comes. The cities are overstocked with country girls who seek El Dorado and find trouble a well aa worse. A Row at Kamw polls. Concord Times. j There was a big row at Kannapoll j Saturday, iwhen the team of LandU and Kannapolls played a game of "ball. The row was precipitated by a de cision of, the umpire. In the melee) bats and knives were used, and sev eral sore heads are the result. One men from Concord "was right badly cut. ' - 7 I Xea Feaiare at Salem College Com mencement. Winston Journal. j A decided departure from the usual i custom of commencement at the 8a-! lem Academy and College Aa beenJ decided upon for this year. Instead of having the music festival, the enrcls es will be conducted by the young la dles, .by the orchestra and chorus, though ther will be present two ce lebrities from a distance. . It should not be Inferred, however, that la any respect will th exercisoa be In the least inferior to those of former. years, for; such will most as suredly not bath case. They will be mors la line with the. technical college commencement and will be thoroughly delightful, though not so expensive to the college.-- h ro 41 I COTTON-MILL MACHINERY; maim eifcon "Charlottb. n, O. IVrolvinj: Rt Card, Railway Heads, Drawing Frame, Spinning Frames, Twisters and Spoolers Quitters and Reels, Looms, COMBERS ETCn ETC BLADEN'S NEW KAILROADS. Sessoma to White Oak Line Now In . Cminw of ConatrucUon and Donds Will Bo Submitted Tuesday For Another Road From EUaabetlitown to fit. Pauls. Special to The Observer. Fayetteville, May 1. Tuesday. May 15. the voter of Hallow Bethel and Ellabethtown townhlp. of Bladen, will vote lue of bonds to aid In building a railroad from EUe- bethtown. th county seat of Bldn county, to 8t. Paula. In nooeoo county, where It will connect with th Virginia & Carolina Southern, now about completed from Lumberton to Hope Mill. It 1 aald that th bond will be turned over to th Virginia Carolina Southern, J. F. L. Armnld, nt Favettaville. president, and tnai the latter road will construct the line from ElUabethtown to Bt. fauia This road will develop a rich tim ber and farming country nvr before reached by a railroad. The Motion around Elicabethtown Is peculiarly adapted to trucking and it is ciaimea that strawberries can be matured there earlier than in the Chadboara reslon. Th lowland produce nor- mou corn crop with little cultiva tion while the forU are rich la cypress, juniper, pine and other tim ber. The conetructloa of tnis line will mak Elisabethtown and Blaflen a feeder to Fayettavtll. eonneotlon being mad through the Virginia & Carolina Southern at Hope Mill with the Atlantic Coast Line, and there I little doubt that Fayettevllle will reap a rich harvest on th completion of the Virginia & Carolina Southern and Ellzabethtown railroads. A railroad Is being built from 8e soms, a station on the Atlantic a Tad kin branch of the Atlantic Coaat Una, to White Oak. Bladen county. Last week the road crossed South river and entered Cumberland county, and rails are now being laid In Beaver Dam township. The Sampaon Lum ber Company Is constructing this line and besides transportation of their own freight will ultimately ue It for general traffic. The road la ten mile Ions; and 1 standard gauge. It will open up a fine farming and , timber section, which our connection with the At lantic Coast Line will find a market In Fayettevllle. A Surprise From Georgia. Augusta. O., Herald. Learned men predict that Niagara will run dry in about 8,000 years. But such news as that doesn't Interest us, since we have run rdy already. It Watnt Tart's Fault. Winston Journal. Those Republicans who are abus ing President Taft for hi appoint ment should remember that he had a lot of them up for inspection; and It was not the President's fault that the material was lacking. Quite a Hufferenre. Newbern Sun. No on ver said the Democrats wouldn't have It. They said they wouldn't get it. Bend Paper to Your Friends Till Week. The Dally Observer and Evening Chronicle will carry a full account of the celebration In each issue this week. We have had many Inquiries from people asking If they could arrange to have our papers containing the account of the celebration mailed to their frlndn A In order, to Accommodate those who desire papers mailed to their friend out of the city, we are taking- order for our publication to be mailed dally for one week from May 17 to May 23, to any address in th United fttates at the following price: Th Dally Observer $ The Evening Chronicle: Th Observer and The Chronicle .20 .10 will b mailed for the one week Theae prices cover postage. Send In your orders at once. .25 We cannot guarantee to supply copies aiter aaie oi issue. THE OBSERVER COMPANY, Circulation Department. BONDS for SALE The Board of Trustees of the Morven High School of fers for sale $8,000 of build ing bonds, in units of $1,000, bearing interest at 5 per cent., payable semi-annually, to run for thirty years. The tax valuation of prop erty in said district is $325, 000. There is no indebted ness on the district at pres ent, nor other bonds to be issued. Sealed bids are in vited to be opened on May 20thTl909, at 2 o'clock p.m. Certified check for $200 to accompany bids. Address :v M. L. HAM, Sec V to Bond Committee,' Morven, N. C. Stuart W. Cramer, ENGINEER AND CONTRACTOR) , Slubbers, fioviag Frames: Intertnedtatat, Jack Frames To Automobile Owners Did you know you could pay a STRONG, RESPONSIBLE com pany to relieve you of ALL danger of loss, so far as your automobile is concerned ? YOU CAN. lam prepared to lue at once pollcl ef Insurance In th strongest of companies, guaranteeing you again! loss and damage to your machines of ANY AND ALL kind and at a VERY REASONABLE COST. For particulars call on or addr R. E. COCHRANE Insurance and Real Estate,. SOT X. Tryon St. Send Us Your Orders We are the largest Distributers and Handlers of Building Materials in the Southern States, with stocks at some 25 points in the South. We caii ? reach you quickly and cheaply in any quantity. . Write us. Carolina Portland Cement Co. Charleston, S. C. "Old Dominion" Cement "Rockbridge" time , "Apex Plaster" "Rett Cosa time, etc, Southern Audit Company (Incorporated) PUBLIC ACCOTTNTANT8 AND ATJDITOItS Room 1 and S. Trust Building, CHARLOTTE. N. C "Strongest In The World" The now laws of New York, with the "Standard" policy, insure the policy-holder not arbitsry dividend but an actual share In th company's profits. By carefully restricting In vestments, they prevent loss; by re stricting expenses, they prevent waste; by careful accounting and publicity, they compel distribution of actual profits. V company like The Equitable, with the soundest Invest ments, carrying its reserve upon the most conservative basis of S per cent.. having Its investments valued on the safest basis, with Its economical and efficient management, and es pecially with It unequaled reputation for promptness and liberality in pay ing claims, offers not only the safest but the greatest certainty of cheapest Insurance. Write, 'phone or call W. J. KODDEY, Manager, Rock Hill, 9. C. WM. WHITE JOHNSON, Res. Agt., Room 012 Realty Building. SCREENS flies and Mosquitoes on the Outside. SMALL COST.. J. H. VVEARH & CO. Mantel Manafactarera. Write for catalogue. HUBBARD BROS. & CO., HANOVER SQUARE, NEW YORK MEMBERS OP New' York Cotton Ex change, New Orleans Cotton Ex change, Associate Members Liver pool Cotton Exchange. ORDERS SOLICITED For the pur- cnase ana set oi cotton for rutur delivery, Correspondence Invited. it Hard Clinch" THE BintLDERS' FRIEND Freestag does net hart It. Natural shrinkage will not crack IV , Water does not mak it fall oft Manufactured exclusively byv , . CHARLOTTE PLASTER COMPANY Writ for 'details and llct of Cotton' MUI Houses platerd with tt. IX IS AS HARD AS STONE. ' '' i J : ... ' V- t nANeii TLANTAeC2 v.H i'. in. - Automatic Feeders. V. 4 Openers and Trunk, ;,-v Breaker, Intermediate aa4 v Finisher Lappers, lUrschner Casing teatsS ; Thread Extractors, Waste Pickers, etdb ' , Raw Stock Di7rab : CTCETC, 3 We solicit orders ff-r Machinery, eta, to handle Gold, Iron, Cotton, Wood, Steel, Brass. A. D. SALKELD & BEO.. COMMISSION MERCHANTS 08-73 Leonard Street, NEW YORK, COTTON YARNS DEPT. FredTc Vietor & Achelis. JAMES E. MITCHELL CO. Cotton Yarns and Cotton Cloths. CONSIGNMENTS SOLICITED. Philadelphia. 132 aad 124 ChestaatS. . Boston. 185 Sammer St. . New York, No. 7S Leonard St, ' Chariot t. zi a. Tryon St. - , First National Bank OF RICHMOND, VIRGINIA. capital si,OtfO,eoo.oe Eurpln Earned . . . 00,000.00 Deposits 0,000,000.00 Solicits accounts of Manu facturers, Jobbers and other needing banking facHltt other than those afforded by local banks. A Growing Bank Depository. . John B. PnrceO, President! John M. Miller, Jr.. Vice Presi dent and Cashier; Chas. R. Burnett, J. 0. Joplla, W. P. fcbeltoa, Alex. F. Rylaad. As sistant Caahlers. Wall Plaster MecWenburg Iron Worte Charlotte, N. 0. ?'. :, v. .. ' :
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 17, 1909, edition 1
15
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