Newspapers / The News & Observer … / Jan. 30, 1903, edition 1 / Page 7
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THE PUBLIC DRAW BUT DF THE TRADE Looking for Reaction After the Long Advance. SOU THERN SPOTS STILL UP The Tone of ihe Stock Market is Almost Alt * gether Professionai—'M ly Wheat is Nervous, Growing Strong in the Final Hour, (By the Asociated Press.) New York. Jan. 21*. —Business in the cotton goods market full enough to keep it well sold up and prices very firm. Im» pression gaining ground that leading bleached cottons will be advanced before long. Print cloth market string. Regu lars held off 3 1-4 and narrows odds on that basis. Cotton underwear solid and firm. Hosiery Quiet. NEW YORK COTTON. New York, Jan. 29.—The cotton mark et opened with prices 1 point lower and 4 points higher, and following the call showed a little further improvement, January selling at 9c. under covering. The English cables, however, after open ing about as expected proved disappoint ing and in addition to. this the advance had naturally afforded a very consid erable profit to the long. As the best h vel of this morning these profits proved attractive and an earlier tendency be came apparent, under which values sag ged down some 2 to C points °n the list generally, while January sold off 14 points under fear of “notices” closing at 8.80. The market at the finish was steady with total sales estimated at 2r.0,000 bales. Throughout the session there were occasional shows of strength based upon the continued light receipts which, for the day were 27,796 bales, as compared with 43,000 last year, and there was some buying on the showing mau-’ by the various spot markets of the country, which were unchanged to 1-lCfv higher. But while the news from the South was strongly bullish the public declined, to continue buying at the high er i r ees on the gTound that after so l»ro!org< d an advance a reaction was natural, and in the afternoon the market was quiet with trading very largely pro fetnionel. Tfie decline in January was the feature, and was thought to Indicate the 1 nal short interest in that option. New York. Jan 29.—cotton futures open ed steady. Cotton futures closed steady. Open. Clos. January 0.00 8.«0 February B*7 88t March 8.8 * 8.5 April 8 ,2 888 May 8 93 8- '1 Juue 8.93 8.89 July 8.91 8. CO August 8.72 8.64 Bepte,uber 8.. 5 Oetobe; 8,19 8.12 Spot cotton closed quiet; middling ud funds 9 05; miudllng Gulf 9-30; sales 1.700 bal is. NEW ORLEANS COTTON. New Orleans, Jan. 29.—1 n the local spot cotton market only a moderate bus iness was transacted. Quotations un changed. Today there was less animation dis played in futures than during the last half of yesterday. There was a slight advance on the first call followed by an upward movement of 1 to 3 points but despite free buying at the outset prices did not hold. General liquidation for small profit-taking combined with some celling for a reaction forced the market off 3 to 6 points, after which, under the influence of mixed trading, prices fluctuated over a moderate range, the beard at the close showed net losses of 2 to 5 points. New Orleans, La. Jan-29 Cotton futures closed steady. January 88Q®8.82 February R.Ro4fi“.B » March 8 8498.85 April. 8.91fft8.93 May - 8.97®? 8 June 9.02® r .o 1 July #PB®9 09 August B.7 1 ®8.76 September 833®’.38 LIVERPOOL. Liverpool. Jsn 29.—4 n. fn.-Cooton—Sdo good business. 4pts higher American mult dl*ug fair good middling 5.08: mid dling 4.80; low middling 4 7t: good ordinary 4 64; ordinary 4.54. The sales of the day were J 2, 'OO bales, of which 2.000 were for speculation and export, aud included 1 ,1(0 American. Recipts 39.000 bales, incluling 26.900 American. t utures opened firm and closed steady. American middlieg. g o. c.: January 4.80 January aud February 4-80 February and March 4.B<i Mar’b and April. 4.80 April and May f-80 May and June 48;®4.82 June and July •* 4-H'®4-82 July and August.. * August and September 4.7 @4. ,2 September and October 4 October and November 4.42 RALEIGH SPOT COTTON MARKET. Raleigh, N. C., January 29. Receipts 34 bales Receipts this day last year... 3 Prices today B%@J Prices this day last year * 7% Receipts this season 12,606 bales Receipts last season 8,115 OTHER COTTON MARKETS. roar. ton*. i mid. ! receipts •aiveston ...... firm I 8 15-16 5,566 Norfolk steady 9 00 1,192 daltimore j nominal 900 60s ton steady 9.U5 1,504 A'limlngton j flrm 8# 638 ’biladelphia.... quiet 9.30 400 avnnnah | dim j » 11-10 1,818 Orient*.... flrru j &.V43 ''-bile*,.. quiet 8v 4 B'B firm B*£ 1,705 taguiu Bteaiy 8 y-pi 641 barleeton steady 844 492 Cincinnati quiel 8 * 206 fcfV" 1 , 11 * firm 900 at. Louie firm 050 SewVori Btli,V 8 7,956 prn.a-cL 9 06 m Sabin Pa»» and Port Arthur ~,.i .... r’T-tiMwio.k __ NEW YORK MONEY. New York, Ja-i. 29 4 p. m-Money on call ■‘eadv at 3a ver cent; closing off,-re at 3H®3* per cent. Time money firmer- £0 dsys 4H®.S |er cent: 90 days 4k® s per cent •”* month- 4%@s;.ercenL Prime inercamii; p per ‘a c K Percent: sterlb><7 evchjtnge with_a ,t 'ial biisineasi j n bankers bills •» 486 /5 for denandand at 4.83/0 fort,, Piva. I o<r«d rates 4.8 J H and 4.m ; r n „ m“rcial bills 4.83 ft * 8354: Bar silver 4* Ver'can dollars 3:* troverum-.* ho’,; «t ady; btate bonds sieidy; Ra* road bonds irr«'u'ar. U 8 GOOD MEN WANTED. Salaries Guaranteed for one Man in Each County in North Carolina. No man wanted who cannot furnish best reference and prove his ability to work. Men will be placed on salaries and not on commission. If YOU have a GOOD MIND and want to MAKE MONEY, address at once J. D. BOUSHALL, Manager, /Etna Life Ins. Co., Raleigh, N. C. GRAIN AND PROVISIONS. Chicago, Jan. 29.—Wheat was quiet and exceedingly nervous, but the close was strong with May half cent higher; May corn was up %c. to %c.; May oats were %c. higher. Provisions were firm, the May products closing with a gain of 7% to 12% to 15 cents. Lending future* ranged &■ roliowa : OFBNINU. HIUHJIU' i LUOIIT OLjn'HU. Wheat. ' 1 Thu 74* 745* 737* 7156 May 78=t»@78* 78* .775* 77,** Corn— | In 4514 46 45* 45* May 44V@41* 45'* 445* 45 Oat*— 'an I 335* May... .36* 36,4 3t.J,'®36# Pork— I i I /an.. . .. 18 31 14 .30 18 25 8 25 May...... Itl 67* 16 75 |l6 85 16 70 Lard —1 Jau 10 22* 10 22# 10 21 10 20 May .. 9 52* 9 53 9 50 9 45 Ribs— Jan .... 9 OT4 905 9 02* 905 May 9 15 9 20 9 15 9_l7* Cagh quotations were as follow*: Flour was st'-ad er: winter patent* 13 70® .3.83 straights $3.<30@3.t0; clears $2.70©3.10; <ip spnnK specials 4.20; spring patent* 63.60®#.95; do. straights $3. 1C®3.50: hikers 62.45. Whta*—No. 2 spring 77; No. 3, G2®7‘2#; No. •2 red, 73?£®74#. corn—No. 2 4j; No. 2, yellow 4f. Oats—Vo. 2, 33 7 *; No. 2, white 3T; No. 3 whi:e 32Vt@34 u . —No. 2, 49*; Bar ley—good feeding 42(7/45 fair to choice malting 48@55; No. 1 flax aeedll.JS; No i northwestern $1.22*. timo nv seed $4.00. Mess rork per bbl. 16 8 #5. Lard, per too lbs. 110.21 jfort ribs «>des (loose) 19.05(0,9.15 Urv-sa tec ihoulottb tloxed) $4.2.'.® 8.50; Short clear sides froTcd) $9,379 @9.62*. Whiskey 61.30. Clover contract grade, ill l 80. NEW YORK New York. Jau ?9 Flour quiet, steadier; winter straights $3.5G@3.65; winter* patents $3.65@4.C0: Minnesota paieuts $4.15; wint, r es tras $2 80®3.10; winter iow grade* $.'.G0®2.90 Rye nour stevdy; good $3.00a3.3>; mo ce to fancy 63 40® 3. .55 Corn meal sFaly: veilow western $1.16; city ; brandy wine $3.45®3 55. Rye firm; 2, st■•tern 61; Stale 56. Barley su'ut; u gl2 malt 51®51# Barley malt quiet; western 85®66. Wheat—/pot easy; No. 2, reo. Bi4*. Options— March S3?*; Mav Sl# July 79*; October —. Corn—Spot i-fadj; No a. 62 Options—Jan u ry 71; Febr-ary o 0; Match 57; May 50*; J u y 49 o*ts—Sfot steady; No 2 43. Options May 41?*; ; October —. Beeltlrrn: family $15.0C®17.00: mess $10.05; packe* $14.00® 16.00; beef hams $20.50/621.50. Cut meats steady ; pickled be lies 9®lo, pickl d Lard dull- westerm steamed $10.25: refined quiet; South America 11.00; the Continent 10.45; compound 7H®.7V. Pork firm; f»ncilv snort cleir 819.50®2J.50 mess $18.00®,18.59 i'aliow quiet; city per package 6*; country packages nee) ofc®6* Rosin firm; strained common to good. $1,95® 2.0 C »„rjeniine firm at 64'4®G5. Rics firm; demesne, lair to extra 4*@6?*; Japan 4*®s*. Molasses fi.in New Orleans, open kettle g >od to choice 32® 40. Ooflee —spot ltio qti'et; No. 7 invoiece s*; mild quiet; C'tuovh 7®H*. auger raw tv is \v ak fair refining 3*; omtnfugal, 96-test, 3 11-16; refined sugar dub; ■onfectiouer’s A 4.00; mould A 5.00, standard ■' 5.00; cut loaf 5.35; crushed s.3s;powdered 4 85: granulated 4.75; cubes 5.0«» Butter firm exfn creamery 2G. western creamery, ir*-sh 22* imitation oieamerv 14®ls; factory 17@20: State usiry 18®'25. Cheese nriu: new Slat . tut; cream, fan-v small color d, old. 14*: u w. 12*; small white o ti, 14*® 14*; new 12*. Eggs e»ey; avertge besivl®2s: ,< 'ta‘e an dPeno sy.vaula 25; western fancy 24; Kentucky 19®21. Potatoes steady; Jersey 1.75®2.JU; a>ta*.« aud western 1.50®2 00 Loug island 2.00@2.2>; south jersey sweets $2.30®,1.00 Peanuts ea y; fancy hauu-picked 4®4*: Op uiestic 33.4*. Cabbages easy; domestic, per 100, white, 75® 11; ied, $1.C0®1.25. Freignis u> ijiverpool; cotton by stean er 12c; grrain Id. Cotton *eed oil dull, 'terdy Prime crude narrels ». r. b. mills, 34©31*; prime sumuiar yellow 41; off summer yeiicw 39; prime white 45; unui*- winter veilow 45; prime meal $27,503 28 00 nominal. .BALTIMORE PROVISIONS. Baltimobe. Jan. 29.—Flour was dull; Winter extra 2.85®3.05; do. c.ear 13 30®3.40; do. straights $3 45®&6U: patents 3.00®2>.95; apriog c ear 3.25® 3.45; apiiug straights 3.70®4 05; Spring patents 4.10^4.35. Wheat dull; spot 80*; January 80.4; Fein ary ; steamer No a ,ed ; bjutneru wtea’ b? sample .2@Bo/t. Cola fi m; spot 54*®54?*; a .unry f4*® 54"*; Fibrua:y Southern white corn sU*®i 53. Oats dull, ea y; No. 2 white, new, 42; No 2 mixed, new, 38 Rye ste.dy; Nc. 2 nearby, 56®56*; No. 2 west ern 56*® 56* uuttui st ady; fancy Imitation 22®23; fancy creamery 27; fancy ladle 20®21 laucy roll 20; gxxi roil i7@l9; store packeu 16®18. nggs firm and higher; fresh t4®25. esefirm; latgc tueuium 11®14?*; small If *®l4*. Sugar firm; fine aud coarse.granuluted 5.01*. STOCKS AND BONDS. Now' York, Jan. 29.—The tone of to day’s stock market was almost alto gether professional. Trading was some what in excess of the previous clay, but l'tnited for the most part to the leading issties. A number of favorable features, such as the increased case of sterling j exchange and promise of an amicable j solution of the Venezuelan situation were ignored as also were a number of ex cellent railroad returns. St. Paul, how-1 ever, was uot included in this latter class, that road showing a decrease of over $43,000 in net for December. In poin: I of activity and general interest St. Paul j was the feature of the early session, j The stock opened moderately strong In | anticipation of favorable action by the j directors respecting the proposed in crease of stock. Following an advance of over a point brokers representing im portant interests sold freely, and the stock closed with a fractional loss. An nouncement that nothing except routine business had been transacted at the board meeting did not come until after the close of the market. Other features of interest were Pennsylvania, in which there were extensive trading. SI. Paul and San Francisco issues. Delaware and Ohio aud Amalgamated Copper. Later Missoni i Pacific. Fries and some other leading railway shares developed increased firm-1 i.ess. The movement in the Erie issues in the afternoon attracted considerable attention, and appeared to be based on a revival of • combination” which were current a fortnight ago. In the industrial class offerings General Elec- I trie were freely absorbed with a net gain THE NEWS AND OBSERVED, FRIDAY MORNING, JAN. 30. 1903 of joints, the stock closing at the highest figure. Improvement was shown by United States Realty, Republic Iron and Steel, United States Leather and some of the minor issues. What was be lieved to be pool manipulation w as shown in tiie course of some stock', and the concurrent upward movement in Penn sylvania and the Wabash issues gave rise to renewal of the reports of a set tlement of the differences betwmen the interest controlling these properties. Aside from the strength of the Eries, and the weakness of St. Paul, there was no not3W'orthy feature in the late session Trading continued narrow and operations for London account were small and some of arbitrage character. The close was irregular and dull. Foreign exchange continued inactive. The market appears to have gone so far below the gold ex port level as to rende.r the use of metal remittances improbable. The railroad bond market was moder ately active and showed a good distribu tion on dealings, though the movement was - uncertain. Total sales (par value) $2,515,000. United States bonds were unchanged on the last call. Total sales of stocks were 405,000 shares, including Atchison 11,400; Ciina dian Pacific 6,700; Erie 51,500; Erie, first preferred, 24,100; Erie, second preferred, 5,600; Manhattan 6,000; Missouri Pacific 21,300; O. and W. 10.000; Pennsylvania 25,400; Reading 15,100; St. Louis and San Francisco 9,300; St. Paul 31,400; Southern Pacific 7.500; Southern Railway 2,400; Union Pacific 9,100; A. C. P. 49,200, Sugar 5,100; United States Steel 13,500; Rock Island 13,200. STOCKS. So. Railway 35ii do. pref 95 Texas & Pacific.. 40# Tol. Bt. L.* W. 30# do- pref 44* U. Pacific 102 do. pref 94ii Wabash 29* do. pref 45 Wheel- &L.E .. 25 do-2nd pref.. 34* W!s Central.. 26# do- pref 52* P. C. C & Bt. L KXI'RKSS OO’H Adams Express-. 205 American Ex.... 220 United States. .135 Wells Fargo 220 hHSCKLLAXKt.i Amalg. Copper.. 66# Am. C. & F 41* do, pref 91* Amer. L- 0 18* do- pref 46 Am-Smel. & Ref 46* do- pref ‘s* Am. Tobacco.... Ana-Min Co.. 100 Brooklyn R. T . 67# Col F & 1r0n... 74* Consol Gas 217 Cont. Tobacco.. do. pref 117 Gen. Electric-..196* Glucose Sugar.. .. Hock Coal 18* lnterna'l Paper. 18 do. pref 72* Int. Power LaClede Gas... 84 Nat- Biscuit... 46* Nat. Lead 2"# Nat. Salt do. pref No. Araer 113 Pacific Coast.... 67 Pacific Mall 39 People’s Gas ... 106# Pressed S. Car.. 64* do. pref 94 Pull. Pal. Car... 234 Rep. Steel 21* do- pref 78* Sugar 1294 T. C- & Iron 63# U B. &P. C 14 do. pref 78 U. S- Leatner. .. 12* do pref 89# 0. 8 Rubber.... 16* do. pref 51 U S. Steel 37* do- pref 87* Va. Ca. Chern Co 62 do. pref’d . .121 West, Union s o Stan lard Oil. -.738 Atchison 87* do pref ooH Halt. & 0hi0....101* do pref 951* CanacL’n Pacific 137 Can. Boutherr 74 Chesa- & Oble 52* Chic. & Alton 36* do. pref 71 s * Chi. B. &Q• Chi.. I. & L do pref Chi. & E. 111....207 Chi. & G. W.... 27* do. A. pref. .. S 3 do B. pref... 44* Chi. & N W... 22J Rock Island do. pref Chi. Ter.&T IH* do. pref 33* C C C.&5t.L.... 95* Col. Southern... 30* do. Ist pref .. 71 do 2d pref 45 Del. & Hudson..l74* Del.. L. & W.... 260 Den. &KloG. . 39* do. pref 88 Erie 41)4 do. Ist pref — 7.V* do 2d pref 59* Gt. Nor. pref... 202 Hock. Yalley.. 101* do pref 97 Illinois Ctn 146* lowa Cen J 4 do pref 73 L. E. & W 47 do pref 113 Louis. & Nash...l26* Manhattan L- ..145 Met. Bt. Ry. 137 h Mex. Cen 25* Nat. RNof Mex. 18* Minn. & Bt. L... 107 Mo. Pacific 112 M. & T i 8 do- pref 60 N- J- Central ...184 N. Y. Central 151* Norf. &West 74 do- pref 92 No. Pacific do. pref Ontario & W.... 33* Pennsylvania... 152* Reading 61* do-Ist pref. .. 87* do’2d pref .... 74* Bt. L. & 8. F.... SO4 do-Ist pref.... 80 do. 2nd pref .. 73* St- L, 8. W 26* do. pref fi* St. Paul ITTI4 do pref 192 Sauth.Pac 65 BONDS. j.S.Kef. 2’areg..lo9 8. S. Ref. 2’acou IC9 U. B.3’sree 107 •• coup ........107* U. 8. new 4’s reg 134# “ coup 136# U. 8. old 4’a reg.llo " coup 110 U. 8. s’a rear 103 •* coup 10J* Atch'Bn Gen. 4’5.102% •* adj 4’s 92 Balt- & O- 4’s.. -101# do 3 l-2’B. 93# do conv. 4’a. lo4# Can. So. 2nd5....1C8# 0. ofG- s’a 1(8# " Ist Incomes, 78 “ 2d Incomes 37 C. & O. 4#’s 106 C. & A. 3 1-2’5... 77# C„ B. & Q. 4\s.. 94 CM&StP gen 4’slll# C- & N. con 7’s. .134 C .R. I- & P. 4’s. 107 CCC&SLgen4’B 101 Chicago Ter. 4’s. es Colo. So. 4’s 93* D &. Rto G.4’5... 98* E. Prior lien 4’s. 98* Erie Gen 4’« — v7* F. 111 Hoes. Y- 4 1-2 s. 109 L.ft N. uni. 4’s ..ICO# For Whooping Cough use C HENEY'S EXPECTORANT Man, con. gold.-104 Mex. Cen. 4’5.,.. 76# do Ist Inc ... 25* Minn. & St.L 4’slo3* M. K. &T. 45.... 99* “ 2nd’s 84* N. « r , C. lsts . do gen 3 1-2’. 104 N J. C. gen. 5’5..133* No. Pac. 4’s 103# " 3’s 72# N, &. W-con- 4’s.lOt Reading gen. 4’s 97# St L&lMtons’slls 8t L (feß Fgen4’s 95* St.L. S’wes l’s.. 96# do2’s 85 S. 4’s 85# So. Pac. 4’s 91* So. Railways’s. 117 4 T. & P. lsts 117 T.,Bt.L&W.4’s.. 79 Union Pac. 4’5..103* do conv. 4’5.105 7 « Wabash lsts 117* “ 2ndß 11l “do. Deb. B. 76* West w A L, E, 4’g... 92# .ris- Cen. 4'5.... 90# Mobile sts O- 4’«. 9*l I’nn. Tob.. 4’«... f.7# Co>. F. don s’s! • 9 t K. I.„ 4’s .. •• 87 Penn conv. 3’s.. 105 RALEIGH STOCK MARKET. (Corrected dally by Grimes & Vass.) BONDS. Bid. Asked. North Carolina 6’s, 1919 1.33 North Carolina 4’s, 1919 102% 101 Virginia new 3’s 96 97 Virginia Centuries, 1901 % 96% Southern Railway s’s, 1994....117 Seaboard Air Line 4’s 83 Western N. C. R. R- 6’s, 1914.117 Ga., Car & Northern s’s, 1929.109 110 Carolina Central Railway 4’s. 96 97 Ga., So. & Fla. R. R-, 1945....114 116 STOCKS. Va.-Car. Chem., pref 122 123% Va.-Car. Chem., com 62 63 Seaboard Railway, pref 42 43 Seaboard Railway, com 26 26 Southern Railway, pref 95 - Southern Railway, com 36 Atlantic Coast Line, com 134 N. C. R. R. Co., pref 170 SEABOARD STOCKS AND BONDS. Baltimore. Jan. 29 —Seaboard Air Line common 2'o*®2i>i; preferred 42#@42*. Bond»— t’a. 83#. Atlantic Coast Line, common, 135#@13fc: preferred .... NAYAL STOKES. Savannah, Or. Jan. 2J-Turpentine firm at 61*; receipt* 210; sales 106; exports 35. Rosin firm; receipts 2,632; sales 243; exports 507. Quote A. B. C. $1.75: n, *1.75: E *1.75; F. *1.80; G. *190; H. *2 kO; I. 2,a.*; K. *3 05; M. *3 65; N. $3 55; WG. *3 8o: wwsi.:o. Charleston, 3. C., Janl 29.—Spirits tur pentine firm at 60#; receipts —; sales - ; exports Rosin firm receipts .. .; sales .. ; ex ports Quote A, B. C. 1.70; D. *170; E. *1.70. F. 51.75; G. sl>s; H. 52.10: 1. 2 45; K, M, *3 30: N. $3.50; WG 3-75; WWS4IS. Barbee & Co.’s Cotton Letter (Special to News and Observer.) New York, Jan. 29.—The marke has worked into new ground but was a very t’isappointing affair this morning. After night’s buying and the upturn of four or five points in Liverpool, we should have had an advance of six or eight points this morning. But instead of this the market opened tame .and hardly moved' all the morning. After three hours’ hard work May was selling at 8.90 aud 8.91, as compared with 8.94 last night and 8.94 several times during the day. New Or leans did not enthuse very much, and profit-taking continued on so large a scale that the market could hardly absorb all the stuff. The tone was strong enough as far as that was concerned, but the outside buying continued to disap point everyone. All the market needed was buying and there would have been a quick advance over nine cents this morning. But actually brokers stood around the pit after the opening without an order to buy a bale of cotton. With the situation so strong we confess our inability to account for this absence of speculation and speculative buying. Those working for an advance -ad to buy all the while, and yet the market does not respond as it should. Next week’s re ceipts run very light and this can easily cause a setback. As long as there Is no general speculation, we would continue to take profits on every advance for the time being. Nine cents is a good price and receipts are a little larger than last year. Futures today ranged as follow’s: Open. High. Low. Close. January 8.98 9 00 B.PO 8 80 February 887 8.87 88P 8.81 March 8.91 8 91 8 85 8.54 April • 8-85 Mav 8.93 P. 94 8.80 p. 91 June «fn 8.91 8 84 8 80 Jnly 8 92 P. 04 888 8.90 August 872 8.72 8.68 8 68 September 8.? o 8.29 P. 25 8.25 Oc'ober 8 15 P. 19 8.12 8.12 The market closed steady BARBEE & CO. Tarrant & King’s Cotton Letter. (Special to News and Observer.) New York, Jan. 29.—Liverpool made a full response to our advance of yesterday, but there was not the large buying for foreign account today that was quite noticeable In the late trading yesterday. There was some buying reported from Alexandria, Egypt, but on the whole the foreign business was very light. An effort was made to break the market by issuing a quantity of January notices, and the January option was offered down from 9 cents to 8.81 In a few moments, but the other options only declined from one to three points in sympathy. The position of the friends of cptton seems to be impregnable ns all efforts to start liquidation are futile. We think that much higher prices will be reached immediately as the large short Interest is very nervous and at tempting to cover. We would not hesi tate to buy March and May cotton now for a handsome profit in the immediate future. TARRANT & KING, 68 Broad Street. H. & B. Beer’s Market Letter (Special to News and Observer.) (Special to News and Observer.) New Orleans, La., Jan. 29. —Liverpool advices were uot encouraging, therefore our market opened 1 to 2 points lower but advanced 3 shortly after on fresh buying. Later in the session longs real izing, estimated absence of a speculative short interest caused a decline of 5 to 6, making the net loss 4 to 5 points on the day. While there was good demand for spots today to fill up January shipments the trading was done on an easier basis than for several days past. The amount to be brought into sight for the week is estimated at about 235,000, against 270.000 last year. The visible supply for the week is expected to show a large relative loss as compared to last year. Outside speculations is lacking. Thus lit tle or no disposition is shown by this element to enter the market above 9 cents. The trade as a whole, however, continued very bullish aud beljeves in higher prices ultimately. Mr. Ellison, of Liverpool, issued a circular today esti mating the consumption of American from 10,900,000 to 11.000,000 bales based on a crop of 11.250.000 provided prices do not advance from the present level. This was not as bullish as anticipated. The future course of the market will con tinue to be regulated by the movement. 11. & B. BEER. Among the Railroads. The party of surveyors who are at work on the proposed extension of the Tialeigh and Eastern Railroad from the < umnock coal mines to Winston-Salem, are now camped at Waughtown. The preliminary survey is expected to be completed to Winston-Salem by Thursday. Mr- S. I. Wooten, of LaGrange, has re signed as auditor of the Atlantic and North Carolina Railroad Company and Mr M. L. Willis, of Morehead City, has been appointed in his place. Mr. Wooten, whose administration of the office was highly satisfactory, resigned on account of ill health. —Kinston Free Press. The Seaboard Air Line has put on a nierht train between Hamlet and Wil mington. It is a freight, but carries a passenger and baggage ooaeh. The train leaves Hamlet at 11 p. m. and reaches Wilmington at 8.30 a. m. Returning it leaves Wilmington at 8 p. m. and reaches Hamlet at 5:40 a. m. The train is daily except Sunday- For LaGrippeand Influenza use CHENEY’S tXPECTO RANT. SEABOARD Air Line Railway* Short Line to principal cities of the South and Southwest, Florida, Cuba, Texas, California and Mexico, also North and Northwest, Washington, Baltimore, Philadelphia, New York, Boston, Cincin nati, Chicago, Indianapolis, St. Louis, Memphis and Kansas City, Trains leave Raleigh as follows; No. 50 NORTHBOUND. 1:20 a. m.—“SEABOARD EXPRESS” Norfolk, Portsmouth, Richmond, Washing ton, Baltimore, Philadelphia, New York, Boston and all points North, Northeast and Northwest. No. 38, 11:15 A. M. “SEABOARD LOCAL MAIL” For ALL POINTS from Raleigh to l'ortf mouth, Norlina to Richmond; connects at Henderson for Oxford and Weldon with A C. L.; at Portsmouth-Norfolk with AU STEAMERS for points North and Northeast. No. 56. 11:50 A. M. “SEABOARD MAIL’* FOR Richmond, Washington, Baltimore, Phila delphia, New York and Boston. Connects st Richmond with C. & O. for Cincinnati, Chicago and St. Louis; at Washington with Pennsylvania and B. & O. for all points. No. 57. SOUTHBOUND. 5:23 a. m.—“SEABOARD EXPRESS” For Charlotte, Atlanta, Columbia, Charles ton, Pavannah, Jacksonville, St. Augustine, Tampa and all points South and Southwest. No. 41. 4:00 p. m.—SEABOARD LOCAL MAIL For Charlotte, Atlanta and all local points. Connects at Atlanta for all points South and Southwest. No. 27. 6:27 p. m. —‘'SEABOARD MAIL” for Southern Pines, Pinehurst, Atlanta, Colum bia, Charleston. Savannah, Jacksonville, Tampa and all points South and Southwest. Tickets on sale to all points. Pullman berths reserved. Tickets delivered and bag gage checked from Hotel and Residences without extra charge at Up-town Ticket Office Ysrborough House Building. C. H. Gattis, c. T. and P. A. ’Phone* 117. Raleigh, N. C. H. S. LEARD, T. P. A , Raleigh. N r Carolina Northern Railroad. W. J. EDWARDS, Receiver. Marion, S. C. TIME TABLE NO. 10. In Effect Thursday G:3O a. m. January 22, 1903. (EASTERN TIME STANDARD.) NORTH BOUND. STATIONS. *No. 4. No. 2. Lumberton, N. C 6.00 p. m. 6.30 p. m. Pope, N. V 548 V- n». 6.22 p. m. Kingsdale, N. C 5.40 p. m. 6.18 p. m. Polopolis, N. C 5.30 p. m. 6.12 p. m. Proetorville, N. C 5.15 p. m. 6.03 p. rn. Dunbar, N. C 4.50 p. m. 5.51 p. m. Bartlesville, X. C 4.55 p. m. 5.48 p. m. Flowers, N. C 4.39 p. m. 6.39 p. m. Marietta. N. C 4.27 p. m. 5.33 p. m. Holmcsville, S. 0 4.12 p. m. 5.27 p. m. Pages Mill, S. C 4.03 p. m. 5.21 p. in. Kemper, S. C «... 3.50 p. m. 5.15 p. in. El wood, S. C 8.41 p. in. 5.12 p. m. Squires, S. C 3.32 p. in. 5.06 p. m. Fork, S. C 3.25 p. in. 5.03 p. m. Zion, S. C 3.10 p. in. 4.54 p. m. Rogers, S. C 2.55 p. m. 4.45 p. m. Marion, S. C 2.30 p. in. 4.30 p. in. SOUTH BOUND. STATIONS. No. 1. *Xo. 3. Lumberton, N. C., 10.10 a. m. 6.30 a. m. Pope, N. C 10.18 a. m. 6.45 a. m. Kingsdale, N. C 10.23 a. m. 6.57 a. m. Polopolis, N. C 10.29 a. m. 7.10 a. m. Proetorville, N. C 10.37 a. in. 7.20 a. m. Dunbar, N. C 10.49 a. m. 7.50 a. m. Bamesville, N. C....... 10.52 a. in. 8.00 a. in. Flowers, N. C i... 11.01 a. m. 8.18 a. in. Marietta, N. C 11.07 a. m. 8.30 a. m. Holmcsville, S. C 11.13 a. in. 8.42 a. in. Pages Mill, S. C 11.19 a. m. 8.54 a. m. Kemper, S. C 11.25 a. m. 9.06 a. in. Elwood, S. C 11.28 a. in. 9.12 a. m. Squires, S. C 11.34 a. ni. 9.27 a. m. Fork, S. 0 11.37 a. m. 9.33 a. m. Zion, S. C 11.40 a. m. 9.51 a: m. Rogers, S. C. 11.55 a. m. 10.05. am. Marion, S. C 12.10 p. m. 10.30 a. m. ♦Daily except Sunday. T. C. McNEELY, W. J. EDWARDS, General Superintendent. Receiver. salt: OF BONDS. $50,000.00 Mount Airy, N. C., Bond 3. Sealed proposals, with certified check for $1,000.00, will be received by the town of Mount Airy until, and will be opened at noon Tuesday, March 3rd, 1903, for the purchase of $50,000.00, thirty-year 5 per cent- coupon gold bonds, interest payable semi-annually on first day of January and July each year, principal and interest payable at place designated by purchaser. Bonds to bear date April Ist, 1903. This bond issue for water-works, elec tric lights and street improvements, is authorized by chapter 216, sections one and following, of Private Laws of North arolina, session 1901, and approved by favorable vote. Population, census 1900, 2,680; present 3.300. Manufacturing and prosperous. The right to reject any and all bids is reserved- Full information as to financial status of Mount Airy and all else pertinent by addressing Jas. C- Hollingsworth, secre tary and treasurer, Mount, Airy, N. C. SAMUEL G. PACE. Mayor. JAS. C. HOLLINGSWORTH, Secretary and Treasurer Board of Commissioners of Mt. Airy. l-23-30t. ESTABLISHED IN 1872. HENRY BEER, BERTRAND BIER, EDGAR H. BRIGHT. H. & B. BEER, Cotton Merchants. NEW ORLEANS. MEMBERS OF: New Orleans Cotton xchange, New York Cotton Exchange, and Associate Member* Liverpool Catton Association. Special attention given to the execution of contracts for future delivery in cotton. ~ FOR SALE. ~ 100 TELEPHONES Used two to three years and in excellent working order. $5.00 Each. GREENSBORO TELEPHONE EXCHANGE. £tocks, Cotton, Grain and Provisions. Small accounts receive the same careful attention as large ones. All inquiries promptly and cheerfully answered. TARRANT & KING. 18 Broad Street, Morris Building, NEW YORK. I Standard Grades. House Paint. Coach Paint. Floor Paint. Wagon Paint. Roof Paint. Innumerable Shades, Color-cards for the asking. 1 Barbee & Company, RALEIGH. DURHAM. Members New rork Cotton Excnange, Stocks, Cotton, Grain and Provisions. Private wires te New York and Chicago. Instantaneous transactions made direct with Exchange. Market information by ’Phone, wire or mall. Inter-state and Bell ’Phones Ne. #7. ©IST One ls(«/ V (OAST Is i r -j T/ioROUG HFARf ofTR/iVtb the— North Florida Cuba. A passenger service unexcelled for luxury and comfort, equipped with the latest Pullman Dining, Sleeping and Thoroughfare Cars. For rates, Schedule, flaps or any informa tion, write to WM. J. CRAIG. Genera! Passenger Agent, Wilmington, N. C. yyiLL GO ON YOUR BOND—«iT" " American Bonding Company of Baltimore. ASKkTft OVER SB,BOO,COS BUSIN ESS CONFINED TO SURETY BONDS. iCMptid aa sols security by U. S. Govern uent and tbs Stats an 4 Counties of Nsrtk Carolina. SOLICITS THE BONDS OF Federal Officer*, Administrators, Executors, etc., Bank, Corporation and railroad officers, Guardians, Receivers and Assignees, Deputy Collectors, Gaugers, etc., Cotton tnd Tobacco Buyers, Insurance and Fertilizer Agents, Contractors and Builders. I’ostmast‘TH, Letter Carriersh, etc. Tobacco and Cigar Manufacture'. 4 And ail persons occupying positions of trust and responsibility. Reasonable rates and prompt attention to correspondence. RELIABLE AGENTS WANTED In all county seats and important towns iu which we are not at preseat represented. Addrew R. B. RANEY, General Agent, Raleigh, N. C CAROLINA TRUST COMPANY' RALEIGH, N. C, Capital SIOO,OOO. out of Town Business uOHCltCus GENERAL BANKING—Money received tin de SAVINGS BANKING—-Interest paid on depo TRUSTS.—Acts as Executor, Administrator, Trustee. Assumes the management of entire K others. FINANCIAL AGENT for floating Storks and Especial and separate arrangements and co OFFICERS.—W. W. Mills, President; Leo. fi Robert C. Strong, Trust Officer and General Coi DIRECTORS. —James Webb, .J D.Riggan, < Leo. D. lleartt, F. T. Ward, W. W. Mills, Allen Robert C Strong. Offices in Carolina Trust Building, Raleigh. Correspondence Solicited. Jacob Berry Sc Co. MEMBEKB | g!rp'r d odu? 6 8 lSc 0 J,S?“ M Stocks, Bonds Crain Cotton. Established ie:s, 44 Brsadway. Nsw Ysrk. Z«9 Main *t.. Durham, H. a Phlla. Office, Drexel Building, Telephone No. 7. Bend for market otters ami pamphlet. Prompt servlet on all busl* ness. Hugh IVS acßae & Co- BANKERS. Miscellaneous Southern Seenrltlea, Cotton Mill Stocks A IPECIALTY. WILMINGTON. N. G. SALE OF VALUABLE LAND. By virtue of a decree of the Superior court of Wake county, made and en tered on the 6th day of January, 1903, in a civil action therein pending, enti tled, E. B. Barbee and C. B. Barbee, trus tees of G. B. Alford, and his wife, Tex anna O. Alford, vs. Burton Turner and his wife, and others,, being number 194, summons docket of said court. I will offer for sale to the highest bidder for cash, at the court house door in the city of Raleigh, N. C. f on Monday, the 23rd day of February, 1903, at 12 o’clock m., the following described tract of land to wlt: Situated in Middle Creek township, said county and State, adjoining the lands of E. B. Jones, George Sloan, Quinton Jones and others and more fully described as follows: Beginning at a pine, E. B. Jones’ corner, runs West 99 poles to a post oak, thence North 171 poles to the millstone branch to a stake, thence up said branch to the head, the said E. B. Jones’ line, thence with the said line to the beginning, containing fifty acres more or less. WILLIAM B. JONES, Commissioner. 1-16-tds Use Black Elastic Roof Faint. Why use inferior paints when standard goods are so much cheaper in the long run. Write to Tanner Faint 8c Oil Co., Box 180, Richmond Va. 0 nosit, subject to cpe'.k. its. Guardian, Assignee, Receiver, Broket, Vg»--. . fates; also property for the use and beaefit of Bonds of Corporations. veniences for gentlemen and lad> custom- < lieartt, Vice-President and Genera Ma.ua*; r, sel; William Hayes, Cashier, arlea B. Hart, Alexander Webb. Juliu* J. Ruffin, W. C. Petty, P. R. Albright: *.< , n. a 7
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 30, 1903, edition 1
7
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