Newspapers / The Charlotte Observer (Charlotte, … / Jan. 2, 1908, edition 1 / Page 8
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THE CHARLOTTE NEWS,-'JANUARYf 2 , 4 908 8 U. S. Holds Big Part Of Gold There is to be discerned today in the various treasuries, banks and ather depositories of the commercial world, a stock of gold coin and bullion equal in value to about three thousand three hundred million dollars, without dis cnssins that further sum which is es timated to be in circulation outside of the treasuries and banks usually a iv.v.1 ler of conjecture, and always one of dispute. This is deposited as fol lows: Gold Stock of the Commercial World at Latest Dates. v M ill ions of dollars. Uniu-d States Treasury, Novem ber 1, I9n7 Bank of France. November 14, 541 State Hank of Russia, November SOS Bank of Austro-Hungaary, vember 7 Hunk of Italy, October 20, No- 229 .167 Bank of England, November 14, 159 Imperial Bank of Germany, No vember 0, Bank of Spain, November 10, .. Bank of the Netherlands, No vember 9, Bank of Naples, October 10,. Bank of Scotland, September 21 National Bank of Denmark, Oc tober 31 National Bank of Belgium, No vember 7, Royal Bank of Sweden, Septem ber 30 National Bank of Roumania, No vember 2 Bank of Ireland. September 20. Switzerland, banks of issue, .. 146 78 3S o r 2G 24 21 21 20 it; 13 National Bank of Switzerland, November 7 12 Germanv, local . banks, October 31 11 y Bank of Sicily. Octoner in Bank of Norwaw September 30 National Bank of Bulgaria, October 13 6 Bank of Portugal. October 16 0V2 Bank 01 Finland, October 13.. Zh National Bank of Servia. Sep tember 30 3 National Bank of Greece, Sep tember Co O1 3,020 And for omitted bonks and depositaries in the United States and for depositaries in Canada. Mexico, Central and South America, the Earpoean and American colonies, Tur key. Egypt. India. Japan, and the commercial ports of China, the commercial ports of Chi na, say, 2S0 Grand totals of gold in treas uries and banks, 3,300 From this table if appears that the Fniicd States treasury holds nearly Ce per cent, of all the gold in treas uries and banks throughout the com- mrecial world. The United States treasury is therefore in an excellent position to undertake any reform in the "mechanical management of the gold stock" that may promise to ren der it. more effective. Taken in con nection with the enormous crops and mineral and manufacturing production of the country, it also affords a guaran tee of financial strength that can scarcely fail to attract universal at tention. Alex. Del Mar, in the Engi neering Magazine for January. SUPERIOR COURT CLOSES Guilford Court Lasts Only One Week Resolution of Respect. Special to The News. Greensboro, Jan. 2. The one week's term of superior court for the trial ' cf civil cases only cime to an end practically Monday night after a two days' session and the trial of two railroad cases, and Judge Webb was able to leave yesterday afternoon for his home in Shelby. Judge Webb announced on Monday that he was compelled to leave Wednesday night and he hoped only short cases would be taken up on that day. A short case was struck, but the attorneys for the plaintiff had it continued on account of some witnesses being sick, and that put an end to jury rials and the jury was discharged. V The death of Mr. C. W. Sapp, a mem ber of the bar, was announced an.l there was a meeting of the bar in respect to his memory, Major Charles M. Stedman presiding. After the an nouncement of the sudden death of the talented young lawyer, it was resolved that, a meeting be held at the next term of court to pay tribute to his memory and his worth. Major Sted man appointed as a committee on res olutions Messrs. A. B. Kimball, I. C. Wright and L. M. Scott. The following were appointed as a committee to accompany the remains for interment at Kernersville: Messrs. R. R. King, J. N. Wilson, A. L. Brooks, A. B. Kimball and G. S. Ferguson, Jr. A LONG-FELT WANT. It is Supplied at Last in Charlotte. Ever had itching piles? Not sick enough to go to bed! not well enough to be content. The constant itching sensation. Spoils your temper, nearly drives you crazy. You can have relief and cure if you will follow the advice of a local citi zen. R. P.. Freeman, 913 N. Tryon, Char lotte. N. C, says: "I suffered for a long time from eczema which was so bad that at times it seemed as hough I could not endure the itching.' Hearing of Doan's Ointment I procured a box at R. H. Jordan & Company's drug store and received relief from the annoyance almost immediately. A continued use cured me and you can use my name in whatever way you see fit, to show the benefits of this great preparation." For sale by all dealers. Price 50 cents. Foster-Milburn Co., Buffalo, New York, sole agents for the United States. Remember the name Doan's and take no other. Factories Report a Glut of Orders From the New York Times. The recent financial troubles and money stringency have not affected the industry of the country to any ex tent, the members of the National As sociation of Manufacturers report, in answer to inquiries . sent out by the trade publication American Industries. The business this month is normal and in many cases far 'n excess of former years, they say. This is more noticeable in the steel and iron trade, which it was supposed would be the first to suffer from the flurry. The members of this trade- are the most optimistic in their statements. Trade in general is sound today, and the possibilities for future business are entirely promising. One of the largest manufacturers of steam boilers in the country, when asked for an opinion on trade condi tions, wrote that despite the alleged tightness of the money market, there had been no let up in their orders, and the firm had all it could do at the present time. From the way fu ture orders were coming in, there was no reason to believe that business would not keep on improving, as it had done in former years, he said. A firm manufacturing railroad supplies in this satte said that their output for the last few months had been the largest in the history of the company, and, as far as could be seen, the out look is for good business. A few firms admitted that their bus iness had fallen oft' somewhat in the last two months, but they said they looked forward to a speedy revival af ter the first of January. The machin ery trades do not seem to have suf fered to any great extent. Many of the orders which had been delayed owing to the financial troubles, are now coming in, and there is every prospect of a steady increase in busi ness in the future. One of the leading manufacturer.-, machinery in Ohio wrote that theii collections for November were tuny 50 per cent, greater than tiuy were in the same month last year, and the orders received were 40 per cent, greater. There had been no l?t-up m orders, the factory was booked well ahead with work, and so far there mid not been a single cancellation. Man ufacturers of agricultural implements reported that they had not been af fected by the financial disturbance. They had been obliged to refuse many orders, they said. The tool and hardware trade suf fered a falling off m misiue.ss in No vember, but they are picking up. Many of the leading manufacturers were glad of the respite from the rush of business, as it gave- them an opportunity to get through the orders on hand and make ready for the ex pected rush in the-new year. Firms engaged in the textile trades took a similar view of the business outlook, and were firm .in their be lief that the flurry was over and that the textile business would resume its normal output early4 in, January. The principal firms in the paper' aAd leather trades held similar views. Practical men. in the lumber business out west said that things had been dull in the latter part of November, but had revived now. They hoped to be working at full time by January 1, they said. Manufacturers of passenger cars as serted that they .were clogged -with orders for the next three years, and had no time to worry about Wall street panics. Their factories have been running overtime for the last three months and even at that could not keep up with, the demand upon them. The Fight For Forests The January American Magazine in cludes an article on "The Fight for the Forests" by Stewart Edward Vvaite, author of "The Blazed Trail," "The Forest," etc. Mr. White is pro bably the best man in the country to speak on this subject. He knows our forests, and what they are worth to us. His article is exceedingly spirited and interesting. It' offers the plain average reader the best chance he can get to grasp the great story lying be hind the attack on the United States Forest Service. On the one side of this fight is the destructive greed of a few. On the other is the splendid work of the Forest Service in preserving wealth which, if riotously invaded now, may later have to be replaced at a cost of three billion dollars. . On this point Mr. White says: "In Switzerland we find the earliest intelligent treatment of the question. Over one thousand years ago -She pos sessed a forest system, and had de velop a scientific forestry by the fif teenth century. As early as Louis XIV France awoke to the fact that her forests and her life were draining away together. But it was too late. To-day she is spending $34 an acre to reforest her watersheds. The same experience is costing Italy $20 an acre. Italy is not a weTathy nation; ;yet she is appropriating cheerfully this enorm ous sum in the realization that on it depends tho question as to whether. Or not she will have to strike her .tents. If we .of the United States were called upon to replace at even Italy's figure the trees now growing on the water sheds protected by our reserves, we should have to spend about three bil lion dollars-! " ... . The American Magazine asked Mr. White to tell this story just at this time, when Congress is getting under way, because last winter the Forest Service was violently set upon through the medium of the Agricult ural Appropriation Bill. The organ ized attack on the work of the Service was ably led in the Senate by Hey-! burn, Carter, Clark, Patterson and Ful ton. They lost the battle, but promise more trouble this session. Stuart's Gin and Euchu a quick cure for Bright's disease, liver and stom ach troubles. All Druggists $1.00. The Wonderful Mcdinical Valce of Lemon Joke Is used to Its fullest extent when comtxranded by Tub Mozlxy m I,jcmoi Eliiix Co. with other ' 1 77 . 1 .4 . .. am. n t 4 .... atimulanta and blood purifiers, the whole making that ideal UVH3. MEDICINE. H ozley's Lemon Elixir More than M of m century attest that there are none . "JUST AS GOOD." In permanently curing Chronic Con BUpauon, tDQigaiwu, muauuun, B sf'S JJljjziness, Sour Stomach, Bad fcsa stipation, indigestion, jjinooancas. BreatH, Falna la aac or eiac, iy: ton of Aooetite. or anything Si Causetl DT a aiwniKca or unyii g -. ; liver. . B3 ' It builds yon tip at the same Hm B.' itclcantea the X,lvr oad Bowel. jp m BkBMBSUMHBB Hans Wagner, the Pittsburg short stop, recently spoke before lb1 Bache lor Girl's Club of Carnegie, Pa. Hans told the girls that he had played his last game in the National League, but thev didn't believe him. HOW IS YOU DIGESTION. Mrs. Mary Howling of No. 22S Rth Ave.. San Francisco, recommends a remedy for stomach trouble. She says: "Gratitude for the wonderful effect of Electric Bitters in a ease of acute in digestion, prompts this testimonial. I am fully convinced that for stomach and liver troubles Electric Bitters is the best remedy on the market today." This great tonic and alterative medi cine invigorates the system, purifies the blood and is especially helpful in alb forms of female weakness. aOc at YVoodall & Sheppard's drug store. UNDER j aj jj EUROPEAN AND AMERICAN. European $1.50 per day and up. American $3.00 per day and up. Cafe Open 4:30 A. M. to Midnight. Prices Reasonable. Tbt Most Modern and Luxuriant Hotel in the Carolines. 150 ELEGANT ROOMS. 75 PRIVATE BATHS. Located in the heart of Charlotte, convenient to railroad station, street cars and the business and shopping centre. Caters to high class commercial and tourist trade. Table de bote dinners 0:00 to S:30. Music every evening G:30 to 8:30". ' EDGAR B. MOORE, - - - - - - - Proprietor. m SCPYRISH'?' w-wis y---- ?n $100.00 Worth of, Goods Given Away NUMBER 8284 DRAWS 1ST PRIZE. NUMBER 1C958 DRAWS 2ND PRIZE. . NUMBER 7044 DRAWS 3RD FRIZE. Customers holding duplicate of above number, please call our store and make selection. GaribaldS, Bruns & WATCHES, DIAMONDS AND JEWELRY ihi ipil mm m and let us send you a load . using perfect fuel, free NO WORK TOO PHONE MO, 19 J if if ce Dresser's Granite & Marble Works SUCCESSOR TO - s Charlotte Marble & Granite Works - " : ' CONTRACTOR " FOR MONUMENTAL AND BUILDING WORK IN ALL ITS BRANCHES; CEMETERY AND YARD CURBS. Yard, West Side Southern R. R. Between Passenger Depot and Cemetery Gate. J. L. Witherspocn. Jesse C. Dresser. Foreman. Proorietor. THE MISSISSIPPI . IRS' UNION Jackson, Miss., Jan. '2. More than I 500 delegates,-, representing about S0,- 000 members, were assembled in rep resentatives' hall of the state capitol today at the opening of a three day's convention of the Mississippi branch of the Farmers' Union. Reports are to be presented to the meeting showing tnat me organiza tion has nearly doubled its . member ship in Mississippi during the past twelve months and that the farmers of this state are now better organized than in almost any other state of the Union. One of the principal matters to be given attention is me Question oc reducing the cotton acreage this year. The indications are that the farm ers of Mississippi will engage in di versification td a larger extent than ever before during the approaching crop year. Arrangements will be made to have the state branch well represented at -the national meeting of the Fanners' Union in Memphis next week. !NJCTIO ri Prompt Relief for the KiQST QBSTINAT? CASE without in.'onveiueiK-e. No onicr treat mi'nt re.iiea. 01.1 U- .LI UK Omft NEW MANAGEMENT e seiwyn m Decorations for the Holidays. We are prepared to furnish and install extra Electric Decorations ' of many style? and colors. Our Mr. B. J SwinsoD would be pleased to call and give you figures. , ,., . R. G. iuten Co. I. ELECTRIC CONTRACTORS No. 5 E. 4th St. Phone 1307 at xon III niii.wiin minw n 11 ! 1 and learn the luxury from dust and slate. 3 LARGE OR .TOO ;SMALL 'Phone 1697. TflatisAill of , X CO a (INCORPORATED) WINTER OPENING JANUARY 2. 1908 Save $500 on Single Course or $10.00, on Combined Course by Registering, before January 5, 1908. Railroad fare paid. Shorthand, Bookkeeping, English Taught. Write today for New Offers, Jour nal and" Catalogue. Address, KING'S BUSINESS COLLEGE -Charlotte, N. C. , or " Raleigh, N. C. lie Matliiiie SSnop that will give your work prompt andcareful attention Is the shop that it will pay you to patronize. It is our aim to give, our customers, the very best service and we will be candid with you at all times Give us a trial. W. G. JarrelS REPAIRERS OF ALL KINDS OF MACHINERY. CHARLOTTE, N. C. 0 25 West Fourth St. 'Phone No. S57 V e) V J" 4I''II'Ii!I'i4'I'''ItII'4,4'4 That we gave as a Christmas Present went to Michael McRoey. We regret that we have not an automobile for each of our friends and cus tomers in lieu of which we beg them .to accept our sincere wishes for A MERRY CHRISTMAS and HAPPY NEW YEAR. CORNER TRADE AND fa m fa ts a r fit m fa fj m 1.1 II lllll,LIJMJUlim I mi M h. , j-,,.,?;- . ., MOD OVEFiCpAp Its not 'every man that cares fo invest :a very large sum of money in a 1 , . '. WINTER OVERCOAT: . For the man vho gives; his Overcoat 1 hard service, and yet wants style, fit and durability, at a moderate cost, we have lines of Overcoats at $12.50 TO $20.00. These Coats are difficult to distinguish from .v their higher priced and more pretentious relatives. For good Overcoats a satisfactory Overcoat at a moderate price, we're at your service. .1 y 01 & m fa YORKE BROS. Machine Co. THIS IS NOT -A: ONE DAY STORE t $ i $ i Despite the fact that we have been favored with a very heavy Christmas trade our stock fs not exhausted in any line. It is our aim never to be out of anything and we constantly keep a stock of THINGS MEN WEAR that is equal to every demand. Come here today with the assurance that we can supply every detail of your wardrobe as well as we could a week r.ko. 0.1 mm 'fc'i. II"II"I4'SI"y COLLEGE STREETS 4- 1 , 11 ESTLY PRICED Rf & fj Pd fa m ts to m fa m fa & ROG aaaaa Main Office 18 West 5th St., Charlotte, N. C. , ; Branches 11 Church St., Asheville, N. C. 214 WTest Market St., Greensboro, N. C. Queen Oily Dyeing and Gleaning Works Established 1S9S. French Cleaners, Steam Cleaners, and Dyers of Ladies' and Men's Gar ments of Every Description. MRS. J. M. HESTER, Manager. Mail orders Receive Propt Attention. 'Phone 246. BI-FOCAL. GLASSES By their us the trouble and ex pense of having two pairs of glasses is avoided. Lenses for distance vision and close work are invisibly joined. They give the greatest satisfaction. The cost is not high If you are now using two pairs of glasses, make a change You'll like it. E. D. PUET1 & CO. Manufacturing Opticians. 9 N. Tryon St. miO BUY THEIR BUILDERS HARD WARE FROM US ARE OFTEN ABLE TO UNDERBID THE OTHER FELLOW. Ask us for PRICES on what .j. '-you need. ! ALLEN HABDWAR COMPANY Contractors ARTIST IN THE CITY J. H. BISHOP enlarges Pictures In Crayon, Pastel, Water Color, and Se pia. The only artist in the South that does the Hand Painting and Air-Brush Work. Prices with Frame complete from $2.98 to $50.00. Special prices to agents and photographers. Give us a trial order. Phone 1646. Studio 705 Mint St. Wanted a Delivery Wagon and and Express Harness. He told his man to lead his horse Down to adswor Saved $3.C0 on the Harness. Saved $10.00 on the Wagon. J. w. Wafiirorth's Sobs' Go WAGONS AND HARNESS. Norfolk & Western R'y Schedule in Effect Nov. 24, 1907. Through Trains Daily, Charlotte and lloanoke, Va. Northbound. L,v. Charlotte, So. Ry 11.00 a.ir.. L,v. Winston. N. & W. Ry.... 2.50 a.n;. Lv. Martinsville COO p.m. Lv. Rocky Mount.. 6.25 p.m. Ar. Roanoke 7.25 p.m. Southbound. Lv. Roanoke 9.20 a.m. Lv. Rocky Mount 10.26 a.n. Lv. Martinsville 11.45 a.nu Ar. "Winston 2.00 p.m. Ar. Charlotte 6.00 p.m. Through coach Charlotte and lloa noke. , . Connects at Roanoke via. Shenandoah Valley Route for Natural Bridge. I.u ray. Hagerstown and all points i:J Pennsylvania and New York. Pullnwi sleeper Roanoke to Philadelphia. Additional rtrains leave Wiriston-S; led 7.30 a, m. daily, except Sun.ia for Southwest Virginia and Shenandoai Valley points. W. B. BEVIL, Gen. Pas. Agi., " Roanoke. Va. M. F. BRAGG Trav. Pass. Agi. 18 interested and should too- about tne woiidei jU VIARVELVVhirli..gS?ray .TiiO new Vaslnul Byrlnk-e- lent, it cicu' 1 - 1 fc uo vaiuivn CUUU1V LUC M A R V E L, accept no Kther. hnt iunii aiimn for 1 1 ..... . . 1 i .. l . 1 Ti. mn full particulars and rtireotions VaUable to ladies. M A i: V K 1. . im--3 street, SEW "k'UUK. 4 l 1 i '4 -: ijr "- r ? il 4 ! 1 N. ...
The Charlotte Observer (Charlotte, N.C.)
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Jan. 2, 1908, edition 1
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