TRADE 111 MON
UNUSUALLY URGE
Liquidation and Public De
mand Both Heavy.
THE MOVEMENT SMALLER
A Marked Improvement in the Prices of Stocks
Dua Largely it is Believed to a
Greater Ease of Tima
Money
(By the Associated Press.)
New York, Nov. 21.—The undertone is
steadier for forward deliveries of staple
cottons this week. Otherwise the cot
ton goods market is unchanged. De
mand moderate, prices steady. Linens
are firm with fair demand. Burlaps
strong and advancing; light weights
scarce.
NEW YORK COTTON.
New York, Nov. 21. —The cotton market
opened 2 points lower to 1 point higher,
and declined a point or two after the
first call, cables being unsatisfactory
and the weather map favorable. Sub
sequently prices advanced 6 to 12 points
on enormous buying following indica
tions of a much smaller movement than
had been estimated, with most encourag
ing reports from the spot cotton mark
ets of the South, tending to indicate a
strong dbmaml ffom exporters and spin
ners for spot cotton at advancing prices.
Later in the day* it became apparent that
tin* Southern spot markets had advanced
1 -IB to % <n almost every case. The
highest prices of the session showed
an advance of 3!t to 45 points since the
market turned last Friday in the direc
tion of recovery from the period of
liquidation that had culminated then in
a decline of about one cent. On this re
action there was a disposition to secure
profits by a considerable class of traders,
who took advantage of the strong week
end statistics .to unload. This selling
produced a reaction that about absorbed
the earlier advance. But while liquida
tion was very heavy the public demand
also was very heavy and the business
for the day reached about 500,000 bales,
this being the largest total of recent ac
tive times. The market was finally steady
at a net rise of 2 to a net decline of 3
points. According to Superintendent
King the amount of cotton brought into
for the week is 454,837 bales,
against 420,594 last year. At one
time estimates ran as high as 476,000
bales. At the same time the excess in
the interior stocks and consolidated
stocks is less than had been looked for.
New York. Nov. 21.—Cotton futures open,
ed steady.
Cotton futures closed steidy.
Open. Clos.
November ".70 '-26
December 8 9 7. .’s
January 8 29 8- 7
Febmary 816
March 8.18 s.lB
April 8 20 8.18
May 819 8 L
June | .. 8.21
July 8. 0 8
August 6. Os 8.02
Spot cotton closed quiet; middling un
binds 8 50; middling Uulfß 75; sales
bales-
LIVERPOOL.
Liverpool,, Nov. 21 -4 p. m —Cooton-Spot
in fair demand higher; American mid
dling fair 5.06; good middling 4.6 i; middling
4.54; low middli”g 4.44: good ordinary
4.3 ; ordinaey 4.20- The sa es of the dsy
were 7,000 bales, of which 300 were for
speculation and export, and included 6.200
American. Recipts 7,000 bales, including
3,600 American.
Futures opened and closed firm.
American middlieg. g. o. c.:
November •• 4 46
November and December 4.45
December and January 4-43
. January and February 4.12
February and March 4 4;
Mar haiul April 4 42
April and May . 4 -"2
May and June 4.42
Kune and July 4. 42
July and August 4.41
NEW ORLEANS COTTON.
New Orleans, Nov. 21.—The demand for
spot cotton continues good. Quotations
unchanged.
In contracts, notwithstanding the
somewhat wide fluctuations in prices,
there was steady and moderately heavy
trading. The opening was 5 to 6 points
down and under realizing sales a further
loss of 2 to 3 points was noted, but under
the influence of a sharp advance in
Liverpool prices moved up briskly until
a gain of 8 to 9 points had been scored.
This was followed by a downward turn
that sent figures off 5 to 6 points. Later
frequent fluctuations occurred, the board
at the close showing net losses of 2
points on November and 3 to 6 points on
the other positions.
New Orleans, La- Nov. 21- Cotton futures
closed steady.
November.. 7.88 bid
J><‘<.ftmher 7.0 ~ca,~.
January 8 03'<>fi04
February 8 06^808
March . 8.12^'813
April 8.136? 8.14
May 8.1648.17
Juno B.l7<f'S.l<>
July, B.2i*6iS2 2
RALEIGH STOT COTTON MARKET.
Receipts ... ..... 103 bales.
Receipts this day last year >44 bales
• 'rices today— IXZi-s
Prices this day last year 7'»
Receipts this season 8.639
Recipts last season 4, 11
OTHER COTTON MARKETS
FORT. TONE. j *11), RECEIPTS.
ba'v'iiton ...... firm 8 l-l*i lliV.i
.Vorfoik firm ; 8 1- It* :: nor,
Baltimore nominal 1 s'* 671
Bouton 1 quiet 8.50 412
Mlmington firm j Hi 1,056
I> hiladelphi*.... l firm i 8.75 05
avunnah steady \ 74» 7.379
'ew Orleans.... si<*:wly i 774 12.104
, firm j 7 * 1,223
Memphis.gteaoy j 7 7 4 SK3R
firm i B>, *.5*7
i harleston i firm 7 13-16 1,720
Cincinnati Btea iy 8 488
x Louisville... ...' firm 8 151
St Louts firm 606
Houston steady 8 I 16 7,200
New York .... I quiet. 1 8 .4) •■lO
Persaeola • ••
S»! ; n Pass andj ••••
Port Arthur ....j ...
* nnswick . ..i
SEABOARD STOCKS AND BONDS.
Baltimore. Nov. 2*-- Seaboard Air Line
common 2' ‘a; preferred 42-
Bonds—4‘s, 8 l/i-
GRAIN AND PROVISIONS.
Chicago. Nov. 21. L* ss activity was
manifested in wheat today and prices had
a lower tendency, December closing %e.
lower. December corn dosed l%c. lower,
with oats i.fcc. higher. January provisions
closed from 2% to se. to 10c. lower.
Leading futures raugea as rouowg
OPXNIKOJDIQHKtJT. I LOWEST. CLO*’NO
Wheat. '
Otic 75* 17414 74 \£
Hay. ... 76 @7654 76)4 1 7514 75J*
Corn— i
Dec sM4»f«B* SSH 51 % 56 •„
May t43/.<&4:iV44J4 43 435,
Oats— | I
Dec.... :!0?*(a;4014 314 39* 3(1 V
May.. 31?4«31?j 32V032<„ 31*031X 31’,@33
Pork- I j
fan.. .. 15 60 15 60 (15 45 15 50
May 14 5754 14 5754 14 59 11 5254
Lard
an.... ft 20 9 2(1 ft 1254 ft 15
May . 860 866 8 5754 860
kibs—
bin 8 05 8 05 8 00 8 62 4
May 780 ___7_S2% 7 7754 7_r»
Cash quotations wire as 'oliows
flour was stsa y: winter paten's *3.4ofr
3.50 straights $3.20(7'3.30: clears $2 706/ 3.00; . o.
spring specials 4.30: spring patents |3.4(X®3.7U;
do straights $-).1KK5«3.‘20 b Rprs 42.2 (5 2.75.
Wheat—No. 2 spring 7654; No. 3, Gs@73;
No. 2 r»*d, 755s@7 C<\. Core—No. 250 4: jao. ?
yellow 573519. iwtv-Vn. 3*<<.<36; rso 2, white
—; No. 3 white 31^(7/ 38 Rye—No. 2, 52
Uirlev good feeding 31X77: 8; fair u, choice mail
ing 83(7(58: 80.1 (ms #1.14: No 1 north
western $1.22. Prime timothy seed $3.85. Mets
pork per hbl., 10.87A@17.00. Lard, i.er iftfl Ihs..
11.85310.8754. bhort ribs sides (Ices >) s‘.l2.V7>
D.ro. ury-’alted shoulders (ho-<<d) 9&(&flV£:
Short clear sides (boxed; 89.5077 9.75. Wuibke..
$1.32. Glover contract grade. Ill.ix).
NEW YOKK
New Yofk, Nov 21—Flour ivss quieter,
Minnesota patents $3.1HJ(i"1.15 • do. ’«<«<•
$.3.156<3.35; winter straights #3.tKKf7t3.99: winters
patents $3.60@3.90: low grades $2.95@25.15.
Rve Hour quiet: goed $3.1f>@3.40; oumoe to fancy
$315(55.10
Corn meal dull: yellow western $1.:.5; cit, 1.25;
brandywine $3.45@3 55.
Ryestesdy; etc 3, western 58H: State 56
Barley steady; feeding 41. n.aitiu 51'7'5154
Barley malt quiet - western ts>({(»(Xi.
Wheat—spot easy; No. 2, red, 7". Options
March —; May 79*4: October . ; Decemcer
80 ?4
corn—Spot steady: No. 2, 6554. Outfe"*—Jau
u ry 54V February : May 49? i; Octo er —;
November 6 ; De ember 00*.
O ts S ot fir u; No 2 36. Options —May :
Oc ober - ; December 36 V
B;ei uniet: family #15.5077:18.00 mess flOC? 10.50:
pac be* $11.007-16.00: beef hums $26.5(X77,21.50.
Gut meats q let: tickled be. lies sl|(i<, 1254.
picki d *ho lders 8!-i: piekl-d barns #lVl2*.s.
La.d steady: westerns cteamed IlMOtft■•11.50:
November 10.80; ictincd easy; South Ain-ric
12.00: to Hie t ont u*-m 11.50: compouttu
Porkitead.v: f»trily 119.50; snort oe,r #21.00
(it ’3.00 m-ss $18.00(7' 18.50.
Taiiow dull; city per package 6!,@6V; coun
try packages tree; (5 1 tiSf.
Rosin fir,i ;sir.uneu commo" t<* g OO j i #1.75®1.77
Turpentine steady; at 5354054
Eiaefirm: domestic, saw m. extra 4 'i(n,iS% :
fapan 4\<glD».
Goftee—>p<>i KlO quiet; No. 7 invoieoe 554:
mild Arm; C >rdova 7?4@12.
hugtr—raw was firm: fair refining 3 5.16; cen
trifugal, 96-test, 3 1316 reli-ien sugar firm;
confe’.tio);er’s A 4.60,m0u1d A 5.00, stan lard *
4.70; cut loaf 5.35; crushed 5.35 powuereii 4.85:
granulated 4.75; cubes 5.C0.
Molasses stea iv Ne*v Orleans, open kettle
good to choice, 39@4L
Butter firm; extra creamery 28: w<*«»err
oreamerv. ir«sh 2254 imitation creamery IL'IS:
fact >rv 16(7718: 6t*ite dairy 20(7726.
Glie ‘se nrm; new State, full cream, fan "y
small colored. md.I2E(S 13: new. 1254 ; sutai
wttte, od, 13: new I‘2 a-
Eggs steaiy ; average best 28(772854: St.ste «oo
r.-frlge’at-id 19(7>21. soutnw'-stern. 16^/17.
PotH.oes easy; 'ersey 1.75(77,2.0;); >c» jork ono
western 1.70@2.00; Long __lsland 2.00(77.2.30;
tsouth jersey sweets $1.75(77.2.75.
Peanuts quiet; laucy n.*uu-plcked I(<J do
mestic 3v4@554
Cabbages easy; Norfolk, barrels ; Long
Island, per 104, 4i-0 @1.75
Freights to Liverpool; cotton by stean er 12c;
grrain Id.
Cotton seed oil was st i.’do Prime crude
barrels f. o. b. mills, 28@29; prime summer
yellow 3554@3(i; off summer yellow 35; prime
white 4u; uruue winter yellow 4C'@4osi; p ime
meal $26.50 nomiml.
BALTIMORE PROVISIONS
Baltimore. N<>v. il.— Flour steady; Winter
extra 2.ft5@3.15; do. clear 3.25@4J.45; do. straights
$3.80@3.50; patents #aTOtfi3.Bs; spri-.g 3 ear 310(7'
330: spiiug straighii 3..'5Ji3.70; Sp’ing patents
3.7524.00.
Wheat weak; spot and November 76'4@<6?4;
December 76^(0,70)4; No. 2 r<*>i steamer Q* 0
2 red 6944; s.outher<i wheat bv sample 68>s@<..
Co<"ii"CHk; spot 65; new or ol . November
65; the year 6J@<>l‘4: N_o 2 mixed ;
So tliern white eon, new, 5777 65
Oats tirti.; No. 2 white, new, 36@3Ci4; N 2
mixed, new, 3254@33.
rtv*. firon r; xs<-. 2 nearby, 5654@0<; No. 2 west-
r ßuitbr firm: fancy imitation 21@,23: fancy
creamery 27@.',7; fanev ladle; store packed ...
Eggs firm, ireah ‘.6(7'27.
Cheese firm: large l2Vtfl3H: medium l-xii,!.* 1 *:
small l'> 4 @l3¥. , , t , . , ILf
Sugar Dim, fine and coarse granulated 4 .154.
STOCKS AND BONDS.
New York, Nov. 21.—The marked im
provement shown by today's market was
doubtless due in a great measure to the
greater ease of time money. There was
no apparent reduction in the rate, but the
willingness of certain large bank inter
ests to lend for long periods was ac
cepted as proof that financial conditions
hereabouts have once more been placed
on a substantial foundation. There were
indications also that the flow of money
to interior points is at an end. Although
another transfer was made to San
Francisco, (his was more than offset by
returns from Western and Southern
points, and the preliminary statement of
money movements show a material loss
to the Sub-Treasury, with resultant
gains to local banks. While much of to
days business realV was in (he nature
of short covering, there is little doubt
that the solid interests were heavy buy
ers. For the first time this week the
movement in Manhattan was overshadow
ed by that of another stock, namely, St.
Paul. That stock, which was dealt in
to the extent of over 106,000 shares, ad
vanced to 180 and closed at that figure,
making a net gain of 6% points. No
plausible explanation for the rise was
advanced other than that an early an
nouncement of an extra stock issue, may
be made. The opening was again irregu
lar with Manhattan in the lead, though
the other fractions were lower. St.
Paul made early improvement and Louis
ville and Nashville also was strong. The
reported deal in Manhattan, which still
lacks official confirmation, but is gen
erally believed, doubtless exerted some
influence on the buying side, although
Manhattan moved irregularly throughout
the day an<l secured a net loss of Wz
points. The movement in the railway
shares gathered greater force before
the end of the first hour. St Paul, Rock
Island, Missouri Pacific, Kansas- City
Southern, Toledo, St. Louis and Western,
and some more obscure issues, all making
substantial improvement. In the indus
trial group, Sugar, Amalgamated ( opper,
Tennessee Coal and Iron, and United
States realty issues .being the principal
features. II was dear that the shorts
were running to cover, ctpccinllv in
Copper. The heaviness of Manhattan
probably was due in part to profit-taking
by one or more pools. The improvement
shown during the morning session was
more than sustained later, and with St.
Paul si ill the leader the general list
continued to move upward until at times
the movement was almost buoyant. Buy
ing of such stocks as St. I*anl, Louis
ville and Nashville, some of the Pa
cifies, Baltimore and Ohio. Pennsylvania,
Reading, and Copper was reported to be
of the best character and hoard room
sentiment was more cheerful than for
some days. The closing was very strong
and active with prices very generally
at the best. Sterling Exchange ex-
THE NEWS AND OBSERVER, SATURDAY MORNING. NOV. 22. 1902.
pericnccd another sharp advance due in,
part to further sales for European ac *
counts in this market. Bonds sympa
thized with stocks in the rise, but only
to a slight extent outside of the Wabash
debenture B's. Total sales (par value) ,
$2,790,000. 1
United States new 4’s declined? \ and
the old 4’s % per cent on the last cad-
Total sales of stocks today
1,083,600 shares, including Atchison 67,300; 1
Baltimore and Ohio 29,900; Canadian P-'- j
cific 12,200; Chesapeake and Ohio 7.5<'0; '
Chicago and Great Western 8,.>00: Etie
14,100: Illinois Central 8,500; Louisville
and Nashville 7,900; Manhattan 88,100;
Metropolitan Street Railway 6,700; Mis
souri Pacific 92.200; New York Central ;
19,300; Norfolk and Western 17,200; On
tario and Western 8,500; Pennsylvania
31,800; Reading 54,200; St. Poul 78,800; ■
Southern Pacific 48.100; Southern Rail
way 7,600; Texas and Pacific 10,400;
Union Pacific 68,400; Wabash 5,400;
Amalgamated Copper 70.100: Brooklyn
Rapid Transit 20,600; Sugar 18,200;
United State.s Steel 21,700; United States I
Steel, preferred, 9,650; Rock Island 82.500. j
STOCKS.
Atchison 84 '/»
do pref 99 H
(Alt. & 0hi0... 1P054
do pref c-3
Jauad’n Pam re 150 >4
Can. Souther) 8l!4
Chesa- 6c Obit*. 46 7 /4
Chic. & Alton MYa \
do. pref 70 j
Oht. B. & Q.
Chi.. I. & L 75
do pref 91
Chi. As E. 111... 2C6
Chi- & G. \V.... 2@4
do- A. pref, .. 8 2 4
do 13. pref... 29)4
Chi. <fc N W.... 224
nock-Is’aml. ... -IM4
do. pref . .. $054
Chi. Ter.&T 17
do. pref 3D-4
0-0 C &St L .... 97
Col. Southern.. 30
do. Ist pref .. 71
do 2d pref. ... Al%
Del. & Hud30n..161 «
Del., L- & W... 1 45
Den- & Rio G. . 41 }t
do. pref 90
irle 3454
do-Ist pref.... 1 5
do 2d pref 47)4
<jt. Nor. pref 186
Rock. Valley.... 92
do pref 89
Illinois Cen 144?8
owa Cen -0 4
do n ref 68 4
V E. A >Y 53
do pref 120
Louis- & Nash... 12554
Ylanbattaa L- ..5 51
Met. St. Ry 3954
Mex. Cen 24
Nat. Rftof Mex. I6sr
VJtnn- & St- L-.. 7064
Mo. Pacific 109?4
M, K. & T 4
do. pref 5854
N. J. Central ...166
N. Y. Central * 344
Norf. & West .. 714
do. pref ‘ 0
Vo. Pacific
do. pref
Tntarlo & W.... 30
t’ennssT va n (a... 15 7fs
Reading 5
do- ltt pref. .. > s;li5 ;1 i
do" 2d pref 74
St. L- & S- F .... 73
do- Ist pref.... 81
do. 2nd pre! .. 70/4
>t. L S- W 28t2
do. pref 64' i
-t. Paul 1'.0.-a
d ' uref 191
Sauth. Pac 65%
j.S.Kef. 2’sretr..lCEs4
S. S. Ref. 2’s cou ll 554
(J. S.3’sree 108
" coup If 8
IJ. S. new 4’s ree 135'4
“ coup 13 =54
U. 8. old 4’s ree.lo
" coup lOUv
U. 8. s’s re* 104
" coup 104
Atch’sn Gen. 4’5.101 %
** adj 4’s ‘054
Balt. & O. 4’s.. .10(.%
do 3 1-2's. 95
do conv. 4’s. 107
Can. 80. 2nd5....1( 8
C. ofG. s’s 10751
“ Ist Incomes, 75
C. & O. 4%’s ... 105
C. & A. 3 1-2’s-79 "a
C.. B &Q. 4 .8. 9554
CM&StP cen 4’5113
C- & N. con 7’s. .134
C-.R. I. & P- 4’e.108%
CCC&BLgen4’s.lols4
Chicago Ter. 4’g. 87
Colo. 80. 4’s 92
D &. Klo U.4’5...10t
8. prior lien 4’s. 98
Srie Gen 4’s 8 4
F.W.&.D.C.lsts.m
dock. V. 4 1-2 9.10854
Lt.fcN.unl. 4’s ..101
RALEIGH STOCK MARKET.
(Corrected daily by Grimes & Vass.)
BONDS.
Bid. Asked.
North Carolina 6's, 1919 130
North Carolina 4's, 1919 104 Va —'
Virginia new 3's 98 99
Virginia Centuries, 1901 99 99!4
Southern Railway s's, 1994 ..118
S. A. L. 4’s 84 85
Western N. C. It. R. 6’s, 1914.118
•Ga., Car. & Northern s’s, 1929.112%
Carolina Central Railway 4’s.— 100
Ga., So. & Fla. R. R., 1915.... 113
STOCKS.
Va.-Car. Choru., pref 124% 123
Va.-Car. Chem., coin 62% 63
Seaboard Railway, pref 45 46
Seaboard Railway, com 26 27
Southern Railway, pref 91 92
Southern Railway, com 32% 33%
Atlantic Coast Line, com 165
N. C. R. R. Co 1U 175
NEW YORK MONEY.
New York, N0v.21 4p. m Money on call!
steady at 5(a.4% per re-t: closing offer-'
ed at 4 per c-iit: last loan per cent*
Prime inert"."i nt ile paper per cent; ster
ling exrhange tr.ll with actual business in
bankers bills at for demand at
4-83101®4 8314 for todays Posted rates 4 844
(p 4.85 and 4.KK 1 omniercial Hills 4.82 V"
4.83 k; Bar silver 48)4- Mexican dollars 39.
Government bonds weal ; State bonds in*
active. Railroad bonds strong.
TOTAL BANK CLEARINGS.
Ne w York, Nov. 21.—Total bank clear
ings week ended November 20th, $2,701,-
[ 078.323, int reuse io.s per cent; outside
| New York +909,312,(*88, increase 7.3 per
I cent. ‘ I
So-Railway .. 3354
do. pref 9254
Texas & Pacific.. 44
Tol. St. L&W. 29%
do. pref 46%
U. Pacific 102%
do. pref 91‘4
! Wabash 31%
j , do. pref 44%
Wheel. &L-E .. 25
do. 2nd pref... 35
Wis Central... 26
do- pref £0
P. C. C&St. L. »•••
EXPRESS CO’B.
Adams Express..2oo
American Ex....7 30
United States- .132
WelD Fargo 210
MIBCKLLANK
Amalg. Copper.. 59
Am. C. <fe F 34'4
do, pref 90)4
Amer- L 0 17
do. pref 42
Am-Krael. & Kef 43
do- pref V2 Va
Am. Tobacco
Ana Min. C 0.... 90)4
Brooklyn R. T ..
Co! F& 1r0n... 83
Consol Gas 21
Cont. Tobacco
do. pref 117 M :
Gen. Electric....lßl
Giucose Sugar . ..
Hock Coal 21
Interna l Paper- 18
do. pref 7154
Int. Power 58
LaClede Gas... 9)
Nat. Biscuit... . 4454
Nat. Lead. 2754
Nat. Salt
do. pref
No. Arner 121
Pacific Coast.... 7154
Pacific Mall 39
People’s Gas... 102
Pressed S. Car.. 59
do- pref 92
Pull. Pal. Car.. 225
Rep. Steel IV4 ,
do pref 77 !
Sugar 1205£ j
T. C- & I r0n.... 58 54 |
U B. &P. C .... 1254 j
do. pref. ..... 77
U. S- Learner.... 12%
do pref 89 j
t>. S Rubber.... 17 :
do pref 51 |
U S. Steel 37% 1
do. pref 8 4, 4
Va-Ca.ChemCo ( 4%
do. pref’d .. .125'«
West. Union 89
Standard Ol) <BO
BONDS.
Mex. Cen. 4’5.,.. P 0
do Ist Inc-... 2-<54
Minn. & Bt.L 4’«103%
M. K. &T. 45... ICO |
'* 2nd’s *- OSS0 S S !
N. C. Isis 10254 ;
do cen 3 1-2’. 105 j
N J. C. gen. 5’5..136j 8
No. Pac 4’s 10354
“ 3’s 7254
N. &■ W con. 4’5.1C056
Reading gen. 4’3 96%
St L <fc I Mton s’s 114 j
8tL&8 Fcen4’slt)o ]
St-L- S’wes l’s.. 9754
do 2’s 8554
S. 4’s 86 Ya
So. Pac. 4’s 93
80. Railway s’s. ll s %
T. & P. Ist* 12054
T,St.LAW.4’s.. 80
Union Pac. 4’s..lt 454
do conv. 4’5.10654
Wabash lsts ID 54
*’ 2nds 10-54
“do- Deb. 8.... 79
West Snore 4 3..113
W A L, E. 4’s ..92 54
tv is* Cen. 4’5.... 91U
Mobile &O. 4’s. 96
C. of Ga cons’s.. 3654
“ Ist Incomes. 81
“ 2d Inclines 34
Con. Tob.. 4’5... 6 *
NAVAL STORES.
Wilmington, N. C. Nov. 21.- Tupentine
nothing doing at 5054; receipts 74.
Rosin firm at St. j5@1.30; receipts 135.
Crude, firm at sl.7t@ 5,00; receipts 92 bar
rels.
Tar firm at $1.50: receipts 112.
Savannah, Ga. N0v.21 Turpentine firm
receipts 78',; sales 510; exports
Rosin firm; receipts 3,077; sales 1,324;
exports
Quote A, B. C. $1.3'54; D. $1.3754; fi.
Si 42/*; F, $1.4754; G,51.57)4; H, $1.80; 1,
2-05; K. 52.55; M. $3-00; N. $3.50; WG.
$3.75; WW 8b 15.
Charleston, S- C., Nov. 21. Spirits tur
pentine firm at 49; receipts sales 50;
exports
Kosin firm receipts . . ; sales 2CO; ex
ports ..
Quote A, B, C, D, E 51.35; F, $1.45; G.
*155; IT, 51.75; I. $2 i 0: K. Si-iO, M, $3 0j;
N. $3.50; WG 3-/5; Ww $4.15.
Barbee & Co.’s
Cotton Letter
(Special (0 the News and Observer.)
New York, Nov. 21. —According to
New Orleans the total cotton in sight
figures is now 330,000 bales over last
year and 300,000 bales over two years
ago. The crop two years ago showed a
total of 10,430,000 bales at the end of the
season and lakt year 700,000 bales. This
would indicate anywhere from 10,750,000
lo 11,000,000 bales. When the movement
falls very much below last year there is
not likely to be much of an advance
above B%e. in this city. The reaction
to 5.27 this morning came quicker than
expected. From the action of the mar
ket there are more points of comparison
with 1900 than any market seen last year.
In that year there was a strong statisti
cal position just as now on the one side
and a larger crop than has been expect
ed on the other. Between the two the
market fluctuated in waves funning up
three quarters of a cent atul back the
same. The present market seems to be
doing just that. Prices started up from
8.2:7, came within 9 p.oints of 7*J4c. and
are now back to 5.23. We don't sec
much in the situation at the moment to
induce buying for a further advance and
would take profits. The market should
have a sharp break from this point as
the recovery lias been very rapid.
Shorts got under cover pretty well and
any increase in pressuie would not leave
much buying power, as the market is
getting long again. On this advance we
can expect more cotton lo be offered
from the South and this will supply
buying orders. Above 8.25 for Decem
ber the South sells here just as it did
before. Unless we get more of a de
mand, this selling will halt the advance.
We would wait for a break before buy
ing again.
.BARBEE & GO.
Tarrant & King’s
Cotton Letter.
(Special to News and Observer.)
New York. Nov. 21.—Spot cotton is the
controlling influence in the speculative
market now. and as the Southern markets
arc firm and advancing we are not in
clined to expect the violent reaction in
futures which usually accompanies an
i advance, and while there should be a
i slight reaction after a quick rise of 40
points, we hardly think there will be
I any decline of consequence and there
! fore, would rather buy on a recession 01
| eight or ten points than to sell on bulges.
The market has been unduly depressed
until a week ago and the sharp advanci
of 40 points was perfectly natural. Our
market, is still below the proper narllj
with the spot market and we think March
and May options will work up to where
they were a month ago around 8 V - cents
and much higher if receipts continue
to run light of which there is every
| indication.
TARRANT & KING,
68 Broad Street.
* SPECIAL RATES VIA S. A. L. RAIL
WAY.
$3.90 —Raleigh to Norfolk, Va., and re
turn.l account following footbal
games: University of North Carolina
| / vs. Georgetown, November 15th.
Tickets to be sold November 14 and
15. final limit November 17. Univer
sity of Virginia vs. Carlisle Indians,
November 22nd. Tickets to be, sold
November 21 and 22, final limit No
vember 21. Virginia Military lu-
I stituto vs. Virginia Polytechnic in
stitute, November 27tli. Tickets on
{ sale November 26 and 27, final limit
j November 28th.
Rates on same basis apply from
Raleigh, Durham and intermediate
I points.
$3.85 —Raleigh to Asheboro, N. C., and
return, account North Carolina Con
ference Methodist Protestant Church,
Asheboro, N. C.. November 20th.
Tickets on sale from all points in
North Carolina, including Norfolk,
Portsmouth, Suffolk and Clinton, S.
C., at rates on same basis as from
Raleigh. Tickets on sale November
19 and 20th, final return limit No
vember 27th. Route via Aberdeen,
where connection is made with Aber
deen and Asheboro Railroad foi
Asheboro.
For further information, apply to any
agent S. A. L. Railway, or address,
C. 11. GAUriS, C. P. and T. A.,
Raleigh, N. C.
11, S- LEARD, T. P. A.,
Raleigh, N. C.
COTTON YARNS.
Buckingham, Paulson & Go.
Commission Merchants.
NEW YOKK. PHILADELPHIA. CHICAGO
Solicit correspondence. We are prepared to
v me orders for prompt or ruture delivery Tor
8 a -iibers of yarn to full advanced price.
NOTICE OF ADMINISTRATION.
Having qualified as administrator of
the estate of U. H. J. Goodwin, lieccaaed,
lat e 0 f Wake County. N. ‘this is to
notify all persons having claims against
the said estate to present the same 10
the undersigned at his office in Italeig'i,
N. <on or before the 2nd day of No
j vembor, 1903, or this notice will be plead
: in bar of their recovery, and all persons
j indebted to the said estate will please
make immediate payment to the under
signed.
J. C- MAPvCOM,
Administrat n\
l November 1, 1902—fitw.
asnißtaram! Men — Be Sfrong.®^^®®^|
Few men are absolutely free from some organic ||
weakness. Spots before the eyes, dizziness, bash- f,
fulness, weak back, loss of memory, aversion to |
society, etc., are symptoms which you cannot |
overlook. These conditions can be promptly over- |
come if the right treatment is given, but experi- S
ments with free samples, ready-made medicines, |
‘•quack cures,” etc., will only aggravate your
trouble and make a cure more difficult.
Before jeopardizing your future happiness by "
experimenting with unscientific treatment, I want 6
you to investigate fully my superior equipment I
for curing you. I have cured thousands where e
IJ DR. HATHAWAY. others have failed.
H Recognized a« the Leading T v iy special ty includes all other chronic diseas-
P and most Successful Spe- es> such as stricture, varicocele, blood poison, »
id cialist. bladder and urinary diseases, etc-, which I treat 1
» in the latest scientific manner, and my legal guarantee is backed by the |
a leading banks and commercial agencies. Consultation free either at office 1
fH or by mail. Send for complete symptom blanks, mailed free in plain cn- 1
|n velope. Correspondence confidential.
J. NEWTON HATHAWAY, M. D.
35 Inman Building, 22% Broad Street, Atlanta, Ga- if
Fortunes Ire Heine; Made l)aily-^r
Now is your chance. Don't let it pass. Vo will sell you mining and
smelter stocks and guarantee against loss. Now don t say we can t do it for
we can and will prove it if you will drop us a card and let us mail you one of
our “Plain Talks and Brief Facts.”
Our guarantee against loss is based on the plan of general averages the
same as Insurance Company Policies.
Write to us now; don’t put it off. Respectfully,
DOUGLAS, LACEY & CO,,
Branch: Room 213 Citizen’s Bank Building, Norfolk, Virginia.
CAROLINA TRUST COIiPANY”
RALEIGH, N. C,
Capital, SIOO,OOO. ° ut of s J? c Y t " t! Business
GENERAL BANKING—Money received on deposit, subject to check.
SAVINGS BANKlNG—lnterest paid on deposits.
Till STS.—Aits 11s Executor, Administrator, Guardian, Assignee. Receiver, linker. Agent,
Trustee. Assumes the management of entire Estates; also property for the use and benefit ot
others.
FINANCIAL AGENT for floating Stocks and Bonds of Corporations.
Especial and separate arrangements and conveniences for gentlemen and lady customers.
OFFICERS. —W. W. Mills, President; la*o. D. Ileartt, Vice-President and Genual Manager;
Robert O. Strong, Trust Officer and General Counsel: William Hayes, Cashier.
DIRECTORS.—James Webb. ..1 D.Higgan. Charles B. Hurt, Alexander Weld). Julius Lewis,
Leo. I). Ileartt, F. T. Ward, W. W. Mills, Allen J. Ruffin, W. C. I‘ctt.v, P. R. Albright and
Robert C Strong.
Offices in Carolina Trust Building, Raleigh, N. C.
Correspondence Solicited.
Barbee & Company,
RALEIGH. DURHAM.
Members New York Cotton Excnange,
Stocks, Cotton, Grain and Provisions.
Private wires to New York and Chicago. Instantaneous quotations. All
transactions made direct with Exchange. Market information cheerfully given
by ’Phone, wire or mail. Inter-state and Bell 'Phones No. 67.
”pu¥l7c oPIN lON ’
S YDNOR A HUNDLEY, for values true, are unsurpassed the city tbroug H
lei ding to none, for styles new, the choicest Furniture, aits for yo XT
X) urable and elegant, ornate or plain, such Suites elsewhere we seek In vai
oted for UPHOLSTERY, here we find a grand selection of every kin 33
0 ornamental DRAPERIES, it is known well, in perfect taste, they do exce 3L
JJ, Ight »t 711 E. Broad St., of MIRRORS A PICTURES, the stock's eomplet E
for Beauty and Quality we can rely on all SYDNOR & HUNDLEY ds sup pi
This Great Store is 709-7u-7i3 E. Broad st„ Richmond. Va.
Clocks, Cotton, Grain
and Provisions.
Small accounts receive the
same careful attention as
large ones. All inquiries
promptly and cheerfully
answered.
TARRANT & KING.
C 8 Broad Street, Morris Building,
NEW YORK.
ESTABLISHKIB IN 187a.
IIENRY BEER, BERTRAND BEER,
EDGAR H. BRIGHT.
H. & B. BEER,
Cotton Merchants.
NEW ORLEANS.
MEMBERS OF: New Orlcam Cotton
xchange, New York Cotton Exchange,
and Associate Members Liverpool Cotton
Association.
Special attention given to the execution
of contracts for future delivery in cottoa.
Hugh M acßae & Co.
BANKERS.
MlttcelUneoui iouthera iecurftieß,
Cotton IV!ill Stocks
A •PUCIALTT.
WILMINGTON. N. C.
Jacob Berry & Co.
uE>uuv»e ) Consolidated Stock Exchange
MLMBLKo (jyj. y. Produce Exchango,
Stocks, Bonds, Crain Cotton.
Established 1865,
44 Breadway, New Yerk,
209 Main Bt., Durham, N. C.
Phila. Office, Drexel Building,
Telephone No. 7. Send for market otters
and pamphlet. Prompt servlc* ou all busi
ness.
“Lelloy Davidson
J
Promoter and Dealer in
Investments.
Securities,
Offices: Room 118, fiO Broadway New
ork, and Charlotte, N. C.
Money advanced on valu
able plants and well locat
ed business properties.’ *
Raleigh Marble Works
COOrEit BROS., Prop*.
MW3LE»»O!ttNITE ii
Bend for catalogue. We pay the freight.
EXECUTOR'S NOTICE.
Having aualified as Executor of the
estate of P. Yates, deceased, notice is
| hereby given to all parties indebted to
j the estate to come forward and make
j payment, and all persona having claims
i against the estate are hereby notified to
i present them for payment on or before
October 4th, 11)03. or this notice will be
plead in bar of their recovery.
11. E. L. YATES, Executor.
FOR SALE.—A VALUABLE FARM
or eighty-eight acres, lying immediate
ly on eastside of Neusc river at Iron
Bridge at Milburnie, on both sides of
county road, six miles from Raleigh.
Sold on reasonable terms. Busbe* &
I Btisboe, Attorucys. e. o. d.
7