Newspapers / The Charlotte Observer (Charlotte, … / Sept. 19, 1911, edition 1 / Page 9
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rKS CHARLOTTE NEWS SEPTEMBER 19, 19// late Market Reports Complete Cotton-Stocks-Grain»Provlsions-»IVflsceHaneoeus Scithem Spot Maiitet :: C . Sept. 19.—No quota- ;ddlic.c ff'tton. (ii , Sept 19.—Spot cot- New York Cotton New York Stock Markit C hiCago Gram New York, Sept. 19.—The cotton market opened steady at an advance I, 15 of la5 points In response to better ' " cotton than looked for and continued ‘ apprehensions that the storm report- j5(‘Pt 1 > I'. . ; I o'' New York, Sept. 19.—Heaviness Chicago, Sept. ly.—Scantiness ol prevailed at the opening of the stock ^®ceipts of northwest gave the wheat market today following the lead of today a firm tone. On both the Lonc;ion market. Selling wao es- Sepi. 19.—Spot ed somewhere in the lower gulf might heavy in United States Steel nork into the cotton belt. Thfere was and the Harriman stocks. Canadian rather heavy selling at the initial ad- Pacific ’ost 1 TTninn p.rifir and [0,-Spot cotton vance. partly from spot houses and fr , I . , the market eased off to a net loss' nitec. tales bteel 1 1-4 and South- 10,—Spot cotton T. \ 19.—Spot cot an i’d. middling. 12 iierpool Cotton. :0. CloF'ng cotton 1 point higher firm sid^ of the Canadian line arrivals were far short of - the arrivals last week or on the corresponding day a year ago. An estimate of onlv iiib,- 000,000 bushels iu the Dakotas and Minnesota for milling and shipping had alsoa bullish effect. On the Other hand a substantial increase in the European visible supply afforded the bears considerable comfort. The open ing was the same as last nigat to siness was quiet and sentiment again ing developing at the low6r levels to seemed to bo more or less unsettled fend prices back to yesterday's clos- tnnch'd I with selling restricted by fears of un- ai' beyond. L nited f.'tates Steel 1 favorable weather while buyers were not rally proportionately with the i held in check by apprehensions of fur- '"est of the list and met stock after it i^^TraXg''be!'ame® much more active ''""ForeJgJ^fnfliences were largely re- |ra''^sbad?1ow®e'l-'to^a j later in the forenoon. The "ftiarket spon»5ible for unsettlement of stocks . i 4a-^-x to G4 3 8al sold" tL o ;'-eakened under southern selling, of- today. The increase in the German and^declined to 64al-8. , fenngs from_ leading spot houaes. scat- bank rate of discount to o per cent ^ in svmnafhv !i t^ept. 19.—Cotton 4 or 4 points right after the call but Pacific a point. Internaftonal di'i'linf*: middling 11 a good demand developed around 11.2o Harvester sold at 100 3-4 and broke for January and prices later rallied to ^^s low price record of the year, a shade over the closing figures of decline was of brief duration, yesterday on covering. General bu- enough short covering and new buy- vance, touched 95 S-8 and rallied to 95 1-2. Corn sagged owing to the favorable v.eather. Besides there v.as no ur .ns fair. 1... ,lr ■ •'ere T.«:i . . . . 7.0 1 .... 7.11 .... H.97 *>•71 .... 6.4') vei-e 6,000 bales for speculation Oats showed firmness in sympathy with wheat. Trade however, was light. December started a sixteenth to one-eighth cent higher at 45 1-i; ward mid-day whs loalT muted Copper and American Smelting . , ct^adipd of 4=^ i-s lower with Decembcv sell- declined over a point. Other stocks ^ weakness in the hoi market i =>00 \meri-' Covering checked the decline around in.luded 4.00U Auieri October and 11.07 for De- hog market car down pro visions. First sales 5 to 7 1-2 cents lower with January delivery 8.92 l-2aS.8.95 for lard and 8.00 for ribs. There was no terlng rfquidation and a renewa'. of served to emphasize disturbed condi- I bear pressure. Stop lose orders were tions abroad. Copper stocks were j uncovered cn a scale down and the singled out for pressure and Amalga I market toward t points net I ing at 11.14. Hle-j displayed Heaviness at intervals , 1 Spot, quiet; middling uplands, ll.tJo, butp rices recovered somewhat before nominal. . nriaday. Bonds steady. The market did not vary much be- in pork. n'r- Inc'iuding 2.100 but prices were within a iroint 12 and 1 o clock aside from a threshing weather in the or two of the lowest during the early further decline in Canadian Pacific to j^-o,.th^.est brought about a decline in nftA* sales footed up lo, ,^,.heat, but recovery followed becauss . or./of Liverpool’s strength. The close was Weakness of the Copper group and r December at 95 7-8, a net several other specialties was ignored #00 by railroad stocks, which held firm ™ at the midday prices. Business was ^ Optimistic Kansas reports l6d to a in smaller volume than for many h rallied owing to a high estimate of the qn'.'t rd •i.ll M r..->4 tS.02 afternoon. CIcse: New York 8pots. New York. Sept. 19.—Cotton, spot, close quiet. 20 i>olnts lower; middling uplands 1145; ditto, gulf lllO; no sales. Close New York Futures. New Vork.'Sept, 19.—Colton futures weeks past. r..OJ t-2 , closed barely ste\dy: 'I he market closed v. eak needs of Texas and Mexico. The clos® P.O.T 1-: fi.ort 1-2 G.o; 1-2 CoTloitc Utton liu ^OTTE PRODUCE. :sgo Provisions. 10 14 20 2.S 10 OS 921- GO 21-57 25; .Tan , Feb . : March , .\.pril I May . I June . I July I Sept . , Oct. . Nov. Dec. . Open High Low 11.29 11.30 11.0 Close Assertions that United Slates Steel y-as steady at 04 for December, a net .11.42 11.43 11.16 11.52 11.51 11.27 loss- of 3-S. Cash grain; Wheat, No. red. 91 3-4a92 1-4; No. 11.04g)0o had been liquidated steadily under cov- il.08fril2 er of sustained buying of other stocks 11.17(51i^ caused sentiment to become more bear- •'d- 1 northcvn !sh. Blacks of 1,000 to 3,500 share's OG; 2 northern%7ai.03 36al.O0; velbet chaff, 75a99; durum, 90 11.51 11.41 11.23 11.29 11 44 11.25 11.29 11.20 11.00 11.33 11.34 11.07 Aew Orleans Cotton New Orleans, Sept. 19.—Cotton fu tures opened steady at an advance of 1 to 2 points on good cables. Immedi ately after the ctll the trading months stood 3 points up but selling was heavy on this small rise and the mar ket quickly developed a sagging ten dency. Fear of oreign political and 11.27^ 28 n ere thrown on the market frequently, 11.24®20 forcing down this stock to 2 1-2 to 65, 11.25@27 a pe^v low record for the year. Reading 11.17(57 20 Lehigh Viflley which bad been 11.02@03 among the few stocks quoted above ,, ^ II 0-I08 swiftly and lost be- ^tandak? 43 3-4a44 1-2 11.01 It 08 tween 1 and 2 points. Union Pacific 91al-2 and Amalgamated Copper were ham mered down 2 5-8 and Canadian Paci fic 3 points. New York Stock List. Last Sale. Amalgamated Copper 52 American lleet Sugar 52^,2 Amei'ican Car Foundry.. .. 4(jyj, ■\merican Coton Oil 50"» American Locomotive 34:'^ American Smelting & Refn’g.. C6\s Amer. Smelting & Refn’g . .bl02V2' 113 a 1.00. Corn, No. 2, 67 l-4a68; No. 2 whit6, 67 l-2a68; 2 yellow. 67 l-2a68. Oats, No. 2, 43 1-2; 2 wjiite, 44 l-4a Barley, 70al.21. Timothy. 12.50al4.50. Clover, 20.00. United States Department of Agriculture weather SOR&JkQ. wri^HS U .NfOORE. ■"T'v—( 3o.i ♦O 7 how m ;'i ^ ” /' I J/ w/' UlCH JO Is I -3°- v''L^ i - 2:9.95 fObservatioiis taken at 8 •. m. 76th merWitis I^cbaw or oontintions lines; pass throagh points of equal air pressTure. IsothermB, or dotted lines, pass through pointo of equKl tempera* ture; they will be drawn only for zero, freezing, 90 degrees and 100 degrees. Symbols indicate itate of weather: O clear; Q partly cloudy; • cloudy rain; D snow; ® report missing. Ar rows fly with the wind. Birst figure, minimum temperature for past 12 hours: aeecDd, ^houi rainfall, if it equals ,01 inch; third, wind velocity of lO miies per hour or mori. _ ♦ the WEATHER. ^ Fdrecast for Charlotte and Vicinity. Cloudy, probably showers tonight or Wednesday. Cooler Wednesday. Heavy Rainfall. Calico Rock, Ark. Dardanelle, Ark. . 1.30 1.0'J Remarks. Cattle Market 7,500, , . , I'VMO cases; ^ . - = .ird firsts financial conditions and a heavy move- ^^^nierican Sugar Refining .. 7B ment of cotton were the basis for the ^^nj,conda Mining Co.. .. selling. But for the tropical storm Atchison • auN.'rlai-i^s I.-? l-2@3-4; [covering about the Yucatan channel, Atlantic Coast Line ; ir., Wunc americas 13 bears would have been bolder. At the Baltimore & ho.ns !•' 1 2'5 3-i. . ?nd of the first half hour of business B,.ooklvn Rapid Transit. oa-v. Wi? and Mi'ch.. 75@ : P>‘lces were 4a5 points under ye^ter- day s close. , j Chesapeake& Ohio 70% The market gradually developed a Chicago & Northwestern 140 weak tone. Bulls offered no support ciii^a^o Mil. & Paul IIIH and it was rumored that one of the (jdorado Fuel & Iron.. .. .. b27i4 •>^,8 •. 102 Vs .b!19 Ohio..' 96^4 73-/4 Maine 90^95. (' s'raa". turkeys 14: in;.' 2 1-*. ir! n> wts S''a9, - l 10 1-2; 85 to 110 ‘ Cotton Seed Oil ':m, 19.—Crude 46 160 largest lines of long cotton held by (joiorado & Southern., prominent interests was being thrown Delaware & Hudscn , overboard. Offerings were increased Denver Rio Grande market weak to by general short selling in v.hich, to Denver & Rio Grande pfd.. .. 46 «xTativp cotton some extent, the outside public join- ed. Crop reports were flattering and ^reat Northern pfd mach bearish gossip concerning the Qreat Northern Ore Ctfe. interior spot markets was circulated, njnois Central It was claimed that large amounts of interborough-Met spot cotton were being offered at jnterborongh-Met. pfd.. Louisville & Nashville. • . points under yesterday’s close. Misouri Pacific ! celpts The weakness continued Into the af- Misouri Kansas & Texas Flour, bbls 23,400 ternoon session. Aa 2 o’clock prices National Biscuit bl26V^ Wheat, bu 110,000 National Lead 49 Aitem t Made in Ui/^ya/*b concessions. At noon price* were LU fr # CCrv X I Ulll, lo 23 points under yesterday’s cl ! Cattle, receiptsestimated at market weak to shade lower. Beeves 4.90(g.8.15 Tf'xas steers 4.50(@;6.30 Western steers 4.70Ib7.00 Stockers and feeders .... 3.00@5.S0 Cows and heifers 2.25@6.30 Calves 6.00@9.5(!) I Hogs, receipts estimated at 14,000, market weak to 5 cents lower. Light 6.75(5-7.35 Mixed 6.5o@7.27'/^ Heavy.. 6.50@7.20 Rough 6.50@6.70 Good to choice heavy .. 6.70@7.20 Pigs 4.40@6.S0 I Bulk of sales 6.75@7.10 Shesp, receipts estimated at 50,000, 10 cents low6r. 2.25@4.25 losx ’^Vestern • , Yearlings • ^ Lambs native 1 Western . 14yg. I • j Daily Movement of 2.50(ft;4.25 3.70©4.50 4.oO@G.15 4.25^6.25 Produce. Ariticles Re- New York Central 101 Vs Oats, bu 378,000 Norfolk & Wcsterr 102 ‘Rye, bu 11,000 ViAT*r\ .11-4 t i AAA Northern Pacific Barley, bu 134,000 Pacific Mail .. 29^4 t car Lot Receipts. Wheat 144 cars, with 51 of contract ^ N'e^ s. ^ ( . Sept. 19.—An at- 9; 30 a. m. train ■- i and Northwestern was ■i.orning in time to pre- lag out of the scheme. . ippn torn up for some ' ""-s^tlaeKi^ome^dil^U s'3-4"nominal; good ordinap' Pullman Palace Car ' • oinr thA track 3-16; Strict good ordinary 10 9-16; Reading omt here the track , middling 10 7-8; strict low mid- Rock Island Co 24 ! dling 11 1-8; middling 11 3-8; strict Rock Island pfd b46% . ..e deed. The police i_2; good middling 11 Southern Pacific 10 ■ case. . . . mlddlinr 11 13-16; Southern Railway 27^ were 22 to 23 points under yester day’s close. Close New Orleans Spot Cotton. New Orleans, Sept. 19.—Spot cot ton easy 3-16 off; sales 75; to ar rive 1,300. Low ordinary 7 15-16 nominal; or- Corn, bu 331,000 Hhip- ments. 33,700 5.000 578.000 203.000 1.000 14,000 State Forecast. Cloudy, probably showers in west portion tonight or W^ednesday. Cooler west portioh Wednesday. Light to mod erate variable, winds Weather Conditions. An extensive area of high pr6ssure overlits the Plains states and central Mississippi valley today, with center over Nebrascka. Accompanying this “High” is a wave of cooler -weather, which covers the Northwestern states, the Mississippi valley, and extends eastward almost to the Atlantic. Rainfall has occurred over the Ohio Valley and the east Gulf coast, and is the result of slight blrometric depres sions looatdd over the uppei* Lake re* gioo, and over the eastern part of the Gulf of Mexico. The indications are for cloudy wea ther with probaWy showers tonight or W'ednesday; cooler Wednesday. Weather Bulletin. 8TATI0K8. 1 8^ att =: « z >1 3 .21 ^ w a 0 II n i Pennsylvania 119‘V^ People’s Gas bl03 'E OFFICERS MEET. ^r?s«. Sept. 19.—The elec- ! if1 The selection of ■ place were the ’ masters before the ‘h'i national association • *‘nue officers at its iday. 0-8: strict good middling _ irQ,a/ middling fair 12 1-8; middling fair to Union Pacific.. 158% fair fair 12 7-8 nominal. .United otates Steel oo N*\Af Orleans Futures. (United States Steel pfd 114 grade: corn 403 cars, with 137 of con tract grade; oats 312 cars. Total receipts of wheat at Chicago, Minneapolis and Duluth today were*759 cars, compared witr 914 cars last week and 9.25 cars the corresponding day a year ago. New York Cotton New York, Sept. 19. S««d Oil. Cotton jBeed iinard meets at 3.30 ■DNEV remedy (Liquid) '"'J'' of proven value for (; rnnii- kidney and : and for annoying -ii'irities. It Is especlal- Opening 11.59; September ll.26all.28. ll.24all.25; London Stock New York Money. Lo-d''”. Sept. 19-The stock mar- mercantile P“P*‘ J.J ‘ ^ ket opened lower today. The rise In ling , 453 »5 tor 60 the German bank rate and expecta- ,„H ,t 4RR^m48« M tions of an Increase In the bank ot h?ll 4#V bar England's rate Thursday caused sell- ?irer^5= %- Mexican aoUars'|-;gov. ^"/jfig-^Vnewtw re^o^f' ernment bonds steady; railroad '®Americln s^cJrlti”. opined steady steady. and later declined on realizing. At noon the market was easy with prices ’mir and reconstructive (?rie*a*n"'«* ^Sep” ^19*^—Cotton ranging from unchanged to 3-4 lower '! permanept relief New Orleans, Sept. 19. y^gtg^day’s New York closing. '''prime refined in barrels per pound , J.'J' '''' m»ai ft n#*r Cent am- trading and closed steaaj. St.. Elmira, N. Y., Mes did the work for M’f!'- and beyond doubt •v^medy is the most ..‘Uicine ever made. Attention Ginners a' P on hand and for of the most complete -ver published. It '1 for a record of all '»s connected with ’h'* bale and keeps ■■’P- ^r the ginner. •'>n»alning lOo tickets ’I'les only 50 cents. ' «nts. ■ n 1 on want today.. '■'-ws Publishing Company Charlotte, N. C. 6 cents; choice meal 8 per cent am monia per long ton 29.00; choice cake do do 28.50. Call Money. New York, Sept. 19.—Money on call steady 2 l-2al-2 per cent; rul ing rate 2 1-4; closing bid 2, offer ed at 2 1-8. Time loans easier; 60 days 3 l-4a 3 1-2 per cent; 90 days 3 l-2a3 3-4; 6 months 3 3-4a4. RURAL MAIL CARRIERS MEET. Chicago Grain and Privisions. Open. High. Low. Close. WHEAT— .. .. 9214 Wz .. .. 96 94% .... 101% 100^4 Sept.. .. .. Dec May I CORN— Sept Dec , May OATS— / Sept Dec , May PORK, per Jan.. 92 95% lOlH 68 641/^ 66 67 631/2 65y4 . 42 . 45 Vt . 48 bbl— 15.32V^ 15.00 LARD, per 100 lbs— 9.25 8.97% Bv Associated Press. ‘Milwaukee. Sept. 19.—Rural naail carriers to the number of about loO and representing a membership of 4-,- 000 opened a four Dec. Milw'aukee today. The subject of 8^d g qq j roads is the most important matter per 100 lbs- ! to come before the meeting. Oct 8.65 * -Mrs. W. F. McGinnis of Providence \\ \\ \\ {.10 who has been very ill at the Presbj’te* — • rian hospital for several days is some-1 , what better today. 42% 44% 47'% 9.20 8.871^ 8.82 8.42%. 7.95 8.00 67% 64 42% 45 H 48 15.05 9.20 S.STV^' 8.82% 5.85, 100 sold at 5.83; January 5.82a 5.83, 200 sold at 5.83; February 5.S4& 5.88; March 5.85a5.86. Sales between third and fourth calls: 200 December 5.84. Total sales 6,500. St. Louis Grain. St. Louis, Mo., Sept. 19—Wheat high er; track No. 2 red 92 l-2a93; 2 hard 94 l-2a99. Com, steady; track No. 2, 66 l-2a 67; 2'white 69. Oats, stronger; track No. 2, 44 1-2 a45; 2 white 45 3-4. Weather All ^ver the South. Washington, Sept. 19.—Forecast: South Carolina, Georgia and Florida —Probably showers tonight or Wed nesday, moderate variable winds. Alabama and Mississippi—Unbettled tonight and Wednesday, cooler in in terior tonight and on coast Wednes day, moderate north winds. New Orleans, Sept. 19.—Fore cast: Louisiana and Arkansas: Tonight 6,^%! and Wednesday generally cloudy, cool- ier, tonight, cooler in south portion Wednesday; light south winds on coast. Oklahoma: Tonight fair, colder in east portion, Wednesday; fair warmer in west portion. East Texas: Tonight generally clou dy, cooler Wednesday generally fair in northwest portion; light northerly winds on the coast. West Texas: Tonight fair, colder in southeast portion; Wednesday fair, warmer in orth portion. 8.42% 7.95 8.00 Old Murder Case Heard. Asheville, Sept. 19.—In a preliml* nary hearing before Magistrate State Demonstrators Here To Confer Mesrs, E. F. Millsaps and C. R. Hud- Kcr in the ounty court house late son state demonstration agents, were Saturday afternoon, Lawson Daugh- here today to confer with the county eriy charged with the killing of Mil- commissioners in regard to the $900, ton Hamby about 12 years ago at appropriation for farm demonstration Blark Mountain was bound to supe* work. Mr. Millsays goes to Greensboro rior coart under bond of $4,000, which this evening and Mr. Hudson to he immediately gave. Wadcsboro. Birmingham . Boston .. .. Charleston .. CHARLOTTE Chicago .. .. Corpus Christi Denver .. .. Port Worth . Galve&ton . Houston . .. Jacksonville . Kansas City . Little Rock .. Montgomery . New Orleans . .. New York Oklahoma .. .. Palestine Salt Lake? City , San Antonio .. .. San Francisco.. Savannah .. .. Shreveport . .. Saint Louis .« . Taylor Vic^^sburg .. .. 84 72 .00 84 70 .00 90 70 .14 68 58 .00 82 70 .00 82 68 .00 80 50 .00 86 86 .00 66 42 .00 — 66 .00 88 80 .00 — 72 .00 84 68 .00 70 56 .24 — 70 .00 90 70 .06 92 70 .00 92 72 .34 90 72 .06 92 78 .00 74 58 • .00 90 56 .42 94 72 .06 64 44 .00 — 72 .00 82 50 .00 84 70 .00 94 72 .00 88 60 .01 — 70 .00 74 .00 Li^ht showers are r6porte=d from scattered districts of the belt. Heavy rainfall occurred in portions of Arkan sas. Lower temperatures prevail this morning in western districts and de cidedly lower in Oklahoma. O. O. ATTO, Observer. j Conso’s Slump, j London, Sept. 19.—Ccn'tols fell'^to- I day to the unprecendented low record I of 70 7-S and a further fall is pre dicted. The big holders who are quiet ly unloading, are compelled to state j prices in order to find purchasers as ' no one wishes consols while so many j better yieldings are obtainable among other securities. t ^ DR. A. J. LITTLE DR O. D. BAXTliK Successors to Dr. A. D. Glascock ^ t ♦ ♦ iOsteop0Lths L 607-608 REALTY BUILDING Phones—Office 1073—Residence 188S-J See a Few of the Novelties We Keep in Stock Tite-on key holders, with ring. Can not allp off and lose your keys. Price only 10 cents each, with the ring. Key rings—a variety. Tweeters. Aluminum Drinking cups 10 Cents each. Every child should have their own drinking cup, thus avoiding the spread of disease. Brass rings 3-8 inch to 1 1-2 inci. inside diameter. Brass head tacks. Moulding Hodks. Picture wire. Brass cup hook. Double pointed tacks, a large box for 5 cents. Steel wire. The Eureka Ironing Board—combination for sleeves and dresses. Every lady should se it. Something entirely new and price not exhorbitant. Weddington Hardware Co. 29 E^t Trade Street Children Ory FOR FLETCHER’S C A S T O R I A Children Cry FOR FLnCHER’S CASTORI A Children Cry FOR FLEtCHER’S C A S T O R I A A RAP AT THE DOOR Fall is here and knocking at the door. Get ready for its reception. Will help you. A fall suit, pair shoes, hat and furnishings is necessary. Best Selected Lines Yet— now awaits yoiir inspection. Let us show you any day. No trouble to us. Cash cuts the price. H. C. LONG CO.
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 19, 1911, edition 1
9
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