Newspapers / The Charlotte Observer (Charlotte, … / Jan. 24, 1914, edition 1 / Page 9
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THE CHARLOTTE NEWS, JANUARY 24, 1914. 5 T il STOCKS . BONDS MONEY ndal and U. S. Department of Agriculture. WEATHER BUREAU. GRAIN COTTON PRODUCE EXECUTIVE BOARD mercial ON THE SITUAT1 K2XS TRTEMEM I - 1 rina Com ON ft NEWYORK STOCK MARKET 10:10 a. m. Heavy profit-taking sales in the principal stocks brought about a reaction at the opening today ! from ui&ii ynca ictttnea on tne oek s rise, a lew issues continued 0 advance, American Sugar gaining z -S. All of the . leaders, however, w ere lower. Losses of about a point Mere sustained by Reading, Southern Pacific, Lehigh Valley, Baltimore & v.iio and Amalgamated, n a. m. Partial recoveries were l .nle but the demand at the higher pvel was poor and pricec wavered. Sonic investment shares rose, ma ;erially. National Biscuit gained 5 1-2. Closed weak. Speculative filing for both ac rounts depressed stocks today. Initial losses were extended by increasing profit taking sales when it became ap parent that the advance had been checked definitely. Washington re ports that important developments in the Mexican situation were expected oon accelerated the sellink. Weakness of Reading was due in a measure to reports that Lake Shore as selling its holdings of the stock. Experiments on the short side were successful in uncovering stop loss or ders and many stocks weakened a point or more. Investment shares moved in contrast with the remainder pf the list and in some 'instances .arge gains were made. Bonds Irregular. New York Stock Lis. Last sale. 'Amalgamated Copper .. American Beet Sugar . . -74'. 27. 43 6S&. 108 &i 123 . 994 125 97 91V21 210 67 134 105 33 b28 American American American American Anaconda Cotton Oil .." Smelting . . , Sugar Refining Tel & .Tel Mining Co.. Atchison . .. ...... Atlantic Coast Line .... Baltimore & Ohio Brooklyn Rapid Transit .... Canadian Pacific . . ...... Chasapeake & Ohio-.... .. Chicago & Northwestern Chicago, Mil & St. Paul . . Colorado Fuel & Iron ..'...A Colorado & Southern .. . . .. Delaware & Hudson 159 Denver & Rio Grande .. .. .. 1S Erie .. .. 31 General Electric 147 Jreat Northern pfd 129 Great Northern Ore Ctfs .... 38 Illinois Central ... .. 114 Interborough-Met pfd . . . . . . 62 Inter. Harvester .. .. .. .. 112 Louisville & Nashville .. .. bl40 .Missouri I'acinc -yysi Missouri, Kansas & Texas .. 23 Lehigh Valley . .... 154: National Lead . . . . b50 New York Central .... 94 Norfolk & Western 104! Northern Pacific ... 115 Pennsylvania 11 People's Gas .... 124 Pullman Palace Car .t .. bl56 Reading .. .. 170 Rock Island Co. . . . .. .. .... 15 Rock Island, Co. ' pfd .... - 24 Southern Pacific .... 97 Southern Railway .. .. .. .. 26 Union Pacific lbi United States United States Steel . . Steel pfd 112 ' m 64 Wabash . . Western Union New Haven . . New York, Jan. 24. There was a marked improvement in feeling in -Iia fiTijTioial Histrirt this week to which the stock market responded with a strong upward movement. The volume of business increased Jarcpiv nf cnprial significance was the amount of investment buying of bonds and hieh grade stocks which reached nrnnnrtinns ereater than at any previous time in many months. The change in the securities mart' n reflected distinct betterment in fun damental conditions.' President WH son's message relieved the market of uncertainty as to the attitude of the administration. Improvement m monetary conditions was shown by the accumulation of funds at this cen ter. lower ratea for money and re duction in discount rates , of foreign anks. Sentiment w-as more hopeful aver the outlook for business. Naval Stores. Savannah, Ga., Jan. 24. Turpentine Irm 47; receipts 102; shipments 90; Btocks 21,831. Rosin firm; sales ; receipts 1,631; shipments 10; stock 161,692. Quote: B. D. E. and F 4.15: G 4.17 1-2: H and I 4.20: K 4.50a60:'M 5.30a40; N 6.25; W G 6.40; W W 6.70. New York Call Money. New York, Jan. 24. Call money nom inal; no loans. Time loans easier; 60 days days 3 l-4al-2: 6 months 4. 4; 90 Prime mercantile ' naper 4 l-4a3-4 ; sterling exchange steady; 60-day bills 483.75; demand 486.26: commercial bills 482 3-4; bar silver 57 5-8; Mexican collars 45. Government bonds steady: railroad bonds irregular. NEWSPAPER SPREADING OUT. (Slier City Grit.) Mr. D. H. Andrews, of Raleigh, ras accepted a position as foreman of The unt office and began work Monday This is the first time since the edi lor bousht the naner. in 1909, that we have had a regular printer, here tofore having done the mechanical editorial, reportorial and other work ourself. Mr. Andrews is a clever man, an unusually good printer and w?th his help we expect to make the paper a great deal better by being able to sling more type together.' WEEKLY REVIEW OF IHE STOCK MARKET 3 w o st tt lb w wniWAGO MARKETS. Chicago Grain. Chicago, - Jan. 24. Cold weather in Europe led to 'higher gher wheat prices. Decreasiif also to hlp bulls. Opened from 1-8 off to a like advance. A material gain all around followed. Corn sympathized with -wheat. More seasonable temperatures counted too against the bears. Opened unchanged to 1-8 higher, then gained. Oats changes were chiefly upgrade on prevailing sentiment as to other grain. Commission demand was fair. Higher hog'pricWtraTried provisions along, except January ribs,, which were under considerable selling pressure. For the most part transactions varied from last night's level to an advance of 10c. Chicago Live Stock. Chicago, Jan. 24. Hogs, receipts 9,000; strong: Bulk of sales 8.30 (rb 8.40 8.40 8.45 8.50 8.25 8.00 Light 8.10 (a) Mixed S.20 (a) Heavy . . ...... 8.20 Rough . , 8.20 (a) Pigs 6.75 (S) Cattle, receipts 200; slow. Beeves 6.80 9.50 8,10 8.20 8.60 11.00 Texas steers . . 6.90 Stockers and feeders .... 5.60 Cows and heifers .. .. 3.60 Calves 7.50 Sheep, receipts 1,000; dull. Native . . . . . . .... . . 4.90 6.00 7.15 8.00 Yearlings .." 5.80 Lambs, native... .. .. .. 6.90 rt"liw"""K'-5f 'irWiCiOCWrfC W4fti"7-'WtV ii,lC,S'rfia,Vi" LONDON STOCKS i tJ! t, 1 VJ"-4 ' S v 1. J U -A T o r.r, r, o j .M k 4 t v" k '4 v i u v r ri r iy ' r ' r "i v v ' 'i v v r r i r r 'i r tv London, Jan. 24. The stock mark et finished the week with a good tone. Grand Trunk shares were the fea ture on extensive buying. American securities .were uncer tain. After an irregular opening the list advanced but realizing depress ed the leaders near the close. The final tone was irregular with pricee ranging rrom l-a a Dove to 1-2 Delow parity. CHARLOTTE PRODUCE MARKET. (Corrected daily by J. I. Blakely.) Eggs .. . Hens, per .27 13 14 17 25 to to to to 28 lb 14 Friers . . Turkeys, per 15 18 lb Guineas Butter ... 15 to 25 to 2.50 to 2.75 S. potatoes, per bbl 1. potatoes, per bag Onions, per bag.. Cabbage, per lb ... . Lima, beans, per lb . . 2.65 .?2.75 -.2 . 7 to 7-1-2 CHARLOTTE GRAIN. (Corrected by Cochran & McLaughlin) Oats . . . - 58 to 60 Corn $1.00 Patent flour . . $5.25 to $5.60 Straight flour $4.65 to $5.00 New Chraters Received To day For Local Enterprises Two new charters of incorporation of local concerns were filed today m the office of the clerk of tne court. The charter of . the Queens College ; Land Company and the charter 01 the Century Realty Company. The Queens College Land Company, the facts of which have already been printed in The News, is capitalized at the incorporators Deing Messrs. E. T. Cansler, w. . Alexan der, P. S. Gilchrist, A. G. JBremzer and J. W. McClung. The purpose or the organization is to receive ana hold for the benefit of the college do nations of land or any. other be quests, be a holding company lor any assets the college may nave and provide for the endowment fund for the college. The Century Realty Company has an authorized capital of $125,000 and the incorporators are Messrs. E. P. Coles, Ralph Van Landingham and W. M. Paul, all of this city. CLEARING HOUSE STATEMENT. New York, Jan. 24. The statement of the actual condition of clearing house banks and trust companies for the week shows that they hold $38,- 065,750 reserve in exress of legal re auirements. This is a decrease of $5,- 045,900 from last week. Annual Condition. Loans $1,986,150,000, increase $73, OSfi.000. Specie $397,528,000, increase $27, 423,000. Legal tenders $74,723,000; rCcrease $11,368,000. Net deposits $1,901,237,000, increase $85,638,000. Circulation $43,693,000, decrease $838,000. . Banks' cash reserve in vault $409, 075,000. , Trust companies reserve in vault $63,176,000. A j Aggregate cash reserve $472,251,000. . Excess lawful reserve $38,065,750, decrease $5,045,9000. Trust companies' reserve with clear ing house members carrying 25 per cent cash reserve $69,243,000. Summary, of. state banks, and trust companies in Greater New York not included in clearing house statement. Loans $59,395,3000, decrease $794,- 3Legal tenders $7,960,200, increase 8Tota)f deposits $613,273,800, increase $2,592,100. ' New York Cotton Seed Oil. , New York, Jan. 24. The cotton seed oil market closed steady. Spot 700a725; January" 705a20; February 171a21; t-99Kav Anril 735a39; May 745 a47- June 750a57; July 764a65; August 775a77; 300 sold ai no. Sales between first and second calls . n ni k mn at 746. 200 at 747; .n -Y' 1200 at 765. 100 at JU1V J.UVJ ai. - . , 764 100 at 763, August 100 at 1 .Total sales 3,200.. NEW YORK COTTON New York,' Jan. 24. There was a renewal cf yesterday's selling move ment at the opening of the cotton market this morning and first prices were 4 to 9 points lower. Lower Liver pool cables than expected and re ports that yesterday's decline had checked demand from cotton yarn buyers seemed to encourage offerings but cotton was well taken around the opening figures and prices rallied 4 or 5 points from the lowest during the early trading. The tone of the market was unsettled,' however, and fluctua- tions were more or less irregular. Opening New York lFutures. New York, Jan. 24. Cotton futures opened steady. January 12.27: March 12.47; May 12.23; June 12.20; Octo ber 11.56. Close New York Spot Cotton. New York, Jan. 24. Spot cotton closed quiet; middling 12.90; gulf 13.15. Close New York Futures. New York, Jan. 24. Cotton futures closed very steady. Open. 12.27 12.47 12.23b 12.23 12.17b 12.20 12.01 High. 12.S6 Low. 12.27 Close. 12.3536 12.35 38 12.57 12.8739 12.36 37 12.3335 12.3233 12.1012 11.6871 11.6163 Jan . Feb . Mar . April May , June July Aug , Sept Oct . 12.58 12.43 12.38 12.23 12.34 12.06 12.20 12.01 T1.56 11.62 11.54 NEW ORLEANS COTTON 9g Mi J, M. .jc , y -4f w . "Sfe J "St iH ' w tr W 1 New Orleans, Jan. 24. Disappoint ing cables caused a lower opening in the local cotton market, first prices being at a loss of -4 to 5 points. The tone was steady. After the call the market stood 5 to 6 points down. 'Sell ing was chiefly from liquidating lorrgs who were unfavorably impressed by 3resterday's ginning statistics and were evening up over week-end. A feature of interest in the early trading was the clearance of 15,000 bales for Japan from the Pacific coast. Bulls called attention to the fact that - In the local port there were 60,000 bales of cotton on shipboard await ing export against only twenty thous and . a year ago. Half an hour after the opening prices were one point under yesterday's close. As the session grew older the mar ket acquired a firm undertone. Bears were at first inclined to , make much out of weather conditions over the south, claiming that the rains of the last few days have been extremely beneficial because they have put the soil in the best bf condition for plow ing. The bringing of attention around to new crop conditions moved into prominence the complaints of poor seed for planting purposes that are coming in from nearly all of. the states in the western belt. Accounts from Texas called the situation in this respect serious. Buying based on this, i on predictions of continued large mill , takings and reports of a strong tone in the snot markets put prices 6 to 8 points over yesterday's last quota tions. The close was at a net gain of 4 to 7 points. Close New Orleans Futures. . ' New Orleans, Jan. 24. Cotton fu tures closed steady at a net advance of 4 to 7 points. Open. High. Low. Close. 12.67 12.67 Jan Feb .. .. 12.50b 12.68 12.55 .... 12.57 Mar 12.65 12.77 12.65 May .... .. 12.76 12.87 12.75 July ... 12.83 12.93. 12.82 12.75 12.85 12.91 11.72 Oct 11.66 11.73 11.66 . Aut.&.M.j'-A' hwJ-luvJvJJ.". ,-2S3W!N-w',5: i'rf'iWii'W tt LIVERPOOL COTTON d&.vMese3ti jubobcjbu'. wuuuijo -'iiSyfesSStfSSS Liverpool, Jaft 14. Cotton spot moderate business; prices easier. Middling fair .. .. .. 7.72 Good middling .. .. .. .. .. 7.38 Middling 7.10 Low middling 6.86 Good ordinary .. .. .. .. 5.76 Sales 7.000. including 5J.00 Ameri can and 500 for speculation and ex port. Receipts 23,000, including 16,500 American. Futures closed steady. Jan .. .. .. Jan-Feb .. ... ..... .. .. FebMarch . . ........ March-April .. .. :.. April-May .. .. 6.7,3 6.73 & 6.73i: May-June .. .. .. -.. .. o.it June-July .. .. . 6.69 Julv-Aus: .. .. 1. .. .. 6.64' Ana-.Sent .. .. 6.50 Sent-Oct .. .. .. .v 6.341 Oct-Nov .. .. .. .. 6.25 Nov-Dec .. .. .. M 6.20 Dec-Jan . . . . . . . . 6.19 Jan-Feb .. .. .. .. .. .. .6.19 wfTMMrSr ''f'-r-ifeP mw SOUTHERN SPOT COTTON ivfemnhis. Tenn., Jan. 24. Cotton ennt. steady, unchanged; middling 13 3-8. Savannah. Ga., Jan, 24. Spot steady, middling 13 5-8. pYoniitivfi Board In Brief Session ThA executive board held a brief oo,-,vn in the mayor's office this OCSOIUU ' - . . mnrnino- to discuss several small eide nr -navim? tronositions. and inci dentally to see that the details of the fight against smanpox are uemg w T-iori nut thoroughly. The board decided to push with all possible haste the work of erecting a new pest house west of thee ity and tn ?tand behind tne neaun aepan- in Ma efforts to procure vacci nation wherever It is needed. The stress which has developed be tween, the executive board and the board of aldermen, growing out of the question of purchasing an auto pump for the city fire department, has re sulted in the preparation of a formal statement which is signed by the members of the executive board, wherein the board, sets forth its side of the case and srives its enntotiHnna in the interesting developments that have arisen. The statement of the board as is sued last nieht. is an fnll A Statement to the Public: m order tnat the attitude of the Executive Board, in regard to the Purchase Of a narticnlar make nt fira apparatus recently ordered by the T a 1J . . , . ouai u wt. iimei ixitju, may ue unaer stood by the public, and owing to the cbaree that th pltr ia tn ha allowed to v suffer because of "petty ueg iu ouumit iub louowing state ment of facts for public considera tion: The special committee of the Board of Aldermen, appointed to investigate the advisability of purchasing addi tional fire apparatus, consisting of Messrs. Mason, Hagood and Barnes, met on the 10th of Jnrma.rv in in ference with Messrs. Jones, Austin nnrl "Phifer rvf x tlio "lO.Yooiiti-c-!, Rnarfl The representative of the American LaFrance Company appeared before them.; explained the merits of his car and submitted as his lowest price the sum of $9,000 on time, or two ner cent off for rash. After discus sion it was unanimously agreed to recommend to the Board of Aldermen the purchase of type 12 American- LaFrance triple combination pumping car, with rotary gear pump at not more than $9,000. As soon as the action of the meet ing became known, there was serious opposition to the procedure on the part of Mayor Bland and the two other members of the . Executive Board and some of the oBard of Alder men. Objection being raised to the Durchase of the equipment without competition and without giving repre sentatives of other niakes of cars an opportunity to even be heard, two of whom were insisting upon a hear ing. On account of the persistent appeal of the representative of the Sea trrave Company, Chairman Mason called another meeting of his com mittee for Monday night, January 19, to consider whether or not the matter would be reopened. At this meet ing all the members of the Executive Board were present and the three mnibers of the aldermanlc committee. After considerable discussion and warm debate, it was . moved by Mr. Jones and carried that the action of Friday night be rescinded. The renresentatives of the Sea- grave Company and the Amerlcan- LaFrance Company were then neara in order. The Seagrave Company offered a six-cylinder, 750 gallon, rotary gear pump for $7,500, cash or on time, which they guaranteed to be in every way equal to tne ivmer-ican-LaFrance pump, or the city need not accept it. They also offered as their best proposition a six cylin der, 750 gallon centrifugal pump at $8,200, cash or time. The American- LaFrance Company came In ana re affirmed its previous bid of a six cylinder: 700 eallon rotary gear pump car at $9,000 on time, or two per cent off for casn. Mr. W. E. Vest, of the water works department, who has expert knowl edge of pumps, was present by invita tion of Chairman Mason, and in. re snnnao tn nuestions expressed the opinion that the centrifugal pump was preferable to the rotary gear, ana that the considered the proposition of fered by the Seagrave Company a bet ter one for the city, than that offer ed by the American-LaifTance com pany, confining his opinion, however, to the pump feature of the two propositions. Mr. nagooa, wno stated that he had knowledge of dif ferent kinds of pumps, gave it as his opinion that the offer of the Seagrave Company, especially at the lower price, was the better proposition for the city, ar.d hence, voted for it. After considerable debate, Doctor Austin, of the Executive Board, moved that the Seagrave centruugai pump v ut ts 200 be recommended to the Board of Aldermen for purchase. This was seconded by Mr. smitn, or tne Executive Board, and the following tPfi fnr this motion: Messrs. UCVUJ-x tw . Hagood Smith, Allison, Austin and Phifer; those voting against it wwc. Messrs. Jones and Barnes. Mr .r a. .Tnnes was quoted in the meeting of the aldermen as being in favor of the purcnase oi me -amen-can-LaFrance machine. This is un true as Mr. Jones stated the next day that he voted against tne motion be cause, after further consideration of the matter, he was in favor of open competition and for : permitting all companies to come in, tnat ne v impressed favoramy Dy tne oea&ra.c .nnsWnn and by voting; against the motion he was not expressing him- self as in iavor oi accepting American-LaFrance proposition, but only for open competition. On Thursday morning, January ,22, the representative of the Robinson Fire Apparatus Company, of Sk Louis rfl bv the Executive Board and permitted to me witn it a ma ni - .. .... offering a yoo gaiion pistuu pumy q non on time or $8,500 for cash, and a 700 gallon pump for $8,500 on time or $8,075 for casn. xne nooiu le recoenized as being one ina verv hftst on the market any where, and was purchased by Colum- i,!o n after tne Keenest cumyeu- tion so we deem it worthy of tn- vestigation by unanoite, espeuiaujr when the nrice -is considered. In regard to the three type3 of pumps, the centntugai, tne piston anu rotary gear, we are reliably informed fhat vie s'mitheastern Underwriters Association, recently recommended to ot, a rifetent city, that the centrifugal pump was its first choice, and that both were preferalbe to the rotary gear pump; this adjacent city selecting the piston pump in preference to the centrifugal, because of its lighter weight. - The Seagrave car has a centrifugal pump, 750 gallons capacity at the LOCAL FORECAST:"! kifete ) Rain tonight; Sunday, fair , c - v-SLa " , s"-.. Jitd 1 ySStfw-' j and colder. j f3T5S9.9 29 70 Observations taken at 8 .'m 75th" meridian time. Air pressure reduced to sea level. Isobars (continuous lines) passtTTroueti to!nts of equal air pressure. Isotherms (dotted lines) pass through points of equal temperature; drawn only for zero, freezing. 80. and 100, O clear; Q partly cloudy; Q cloudy; () rain; snow; report missing. Arrows fly with the wind. First figures, lowest temperature past '12 hours; second, precipitation of .01 inch or more for past 24 hours; third, maximum wind velocity. price of $8,200 cash. With rotary gear pump $7,500 cash. The Robinson car has a piston pump 700 gallons capacity, at the price of $8,075 cash, or 900 gallons capacity at $8,550 cash. The American LaFrance car has a rotary gear pump 700 gallons capacity at the price of $8,820 cash. The water works department cf the city has had open competition in its purchases and thereby saved money for the city, and escaped criticism; the Executive Board, dur ing this and previous administrations, has followed the same rule, and thereby also saved money for the city and escaped criticism, so ws do not think it wise, nor for the best interest of the city to now set a new prece dent. The city's attorney having ruled that all .contracts and the purchase of apparatus should be made by the Ex ecutive Board, we feel that with' this responsibility resting upon us, it is our duty, in 'a purchase of this magnitude, that it should bo done only after competition and full pub licity, and feel that the facts that have now developed in this case, justify us in taking this position. We want the citizens to know that we are not standing in the way of purchasing a pumping apparatus for the city,' that we are willln" and ready to co-operate with the Board of Aldermen in the purchase of such a car, but only when, in our judg ment, the car agreed upon, Is the best purchase for the city, at the best price. The bias of the Seagrove Company and the Robinson Company are made public by the consent of their repre sentatives. -The bids of the American La France Company have already been made public. E. R. SMITH, J. A. AUSTIN, J. A. JONES, W W. PHIFER, THOS. T. ALLISON, Members of the Executive Board. RALEIGH'S DEATH RATE (Raleigh Times.) We do not know where the Greens boro News got its figures, but the statement that the death rate in Ral eigh is the highest "of any city in the south" does not apply at this time. For the five years ending with 1912 our death rate, which was 23.5, was among the leaders, but considerable has been done since that time. There were other cities in the south, how ever, that had slightly higher death rates than-Raleigh, but none of them were North Carolina towns, Greens boro having a rate of 18 per cent. The fisrures for 1913 are not od- tainable now, but the state board of health is working on them, and tney will be made public in a few weeks We are convinced that, the death, rate here decreased considerably In 1913, and we believe the records, when com piled, will bear us out. It is a pity, nowever, tnat conai- tions should ever have been so any naner could make such an announce ment and co unchallenged. The ef fective work of the city sanitary de partment a part of last year and this year will show when the returns are made up. ' A In the meantime we know mat Th Naws will iust as readily pass the good tidings along as it passed the bad. And good or naa, tnis is me best town in the world to live or die in. SAFETY AT SEA. (Atlanta Journal.) In the International "Congress on Safety at Sea, the spokesmen of American ideas played a particularly influential part. They won over the European delegates to a plan of gov ernment control of wireless tele graphy as it is employed in maritime affairs," and their views in regard to life-saving equipment, though not wholly accepted, added much to" the scope and thoroughness of the con gress' recommendation. It was agreed that two-third3 of such equipment on every ocean steamship shall consist of lifeboats; that greatly reduces the proportion of rafts heretofore permit ted. In other repsects", the insistence of the Americans upon rigid regula tions for sea safety prevailed, so that the world will be much ' indebted to this country for whatever reforms are established. . ' The international congress hav ing now concluded its work, it re mains for the United States to adopt inso far as they are practicable, the recommendations offered. There is reason to hope that other r govern ments will do likewise and that in the future oean traffic will be . sub ject to adequate measures of interna tional protection. The grim lesson of the Titanic and the later warning from the Volturno leave no ground for hesitancy or delay in . adopting and enforcing stringent laws for the safety of life at sea. s STSTE'S CAPITAL GiTY Special to The News. Raleigh, Jan. 24. The directors of the state school for the blind and Governor Craig were in conference for some time jesterday afternoon without reaching a settlement of the issue of. whether or not the state shall pay the balance of $4,600 claim ed to be due the Raleigh Real Es tate & Trust Company on a tract of land bought near Raleigh as the pro posed new site for the white school for the blind. This is the case in which the state paid $30,000 for the tract of land and then there was pre sented a claim for $4,ti00 additional that it was claimed that some cit izens of Raleigh pledged as a balance for the purchase price and then failed to raise. There was a sharp contest over this matter at the special session of the legislature when there was finally a bill passed authorizing the state treas urer to pay the claim provided it is approved by the directors of the in stitution. And that the state treasurer reimburse himself from funds derived from the sale of fifteen acrs of land blonging to the colored school for the blind. Tho directors anc the governor are to take up the matter again later and finally settle it if possible. A requisition from the governor of South Carolina on the governor of North Carolina for Dock Brown has been honored by Governor Craig. Brown is wanted in South Carolina for the killing of Press Hutchison. He is now in jail in Gastonia. Charters have been issued for six new corporations as follows. The Louise Knitting Mills Company, Durham, capital $50,000 authorized and $13,000 subscribed by J. H. Stone and others for general knitting mill business. The Cabarrus Laundry Company of Concord, capital $10,000 authorized and $3,000 subscribed by J. L. Cannon and others.' The Person County Fair Associa tion, Roxboro, capital $20,000 author ized and $530 subscribed by L. M. Carlton and others. The People's Motor Car Company of High Point, capital $20,000 author ized and $12,000 subscribed by J. A. Parker and others. The Gettys-Martin Lumber Company, Zebulon, capital $25,000 authorized and $6,000 subscribed by W. H. Gettys and others for general wood-working business. The Fungo Deep Soil Development Company of Belhaven, capital $125,- 000 authorized and $1,000 subscribed by J. A. Wilkinson" and others. In i granting a commutation from death sentence to life imprisonment in the case of Cleve Daniels of Dur- ham, under sentence tp be electrocu ted m rnruary ror muraer, tiovernor Craig declares that while the evidence in the case Is that of the most foul cold blooded murder, he is satisfied that the condition of the prisoner at the time, due to the use of dope, was such that he was really incapable of that premeditation and deliberation that is necessary to constitute first degree murder. The commutation Is also recommended by Judge Bragaw, When Better . Are BUDGET 1 Will Build Them C. C. CODDINGTON. CHARLOTTE, N. C. ar ii-ifiirirwitw i it THE WEATHER. ttl it . Weather Conditions. Air pressure is decreasing today over the eastern sections and rains have been general in the past 24 hours over the entire eastern half of the country. Centers of low pressure are lo cated today over eastern North Caro lina and Ohio. It is warmer over the area covered by the rains. j A moderate area of high pressure ia( central today over the Dakotas, accom panied by much colder weather. Zero; temperatures prevail over a greater part of the Dakotas and Montana. i Another marked barometric disturb-j ance is making its appearance on the north Pacific coast. i The indications are that the present! rains will continue in this vicinity dur-1 ing the greater part of the night Sun- day will probably be fair and colder byi the afternoon. O. O. ATTO, Local Forecaster. J TEMPERATURE8. I ' " ' f 'F if I : rig II I Atlanta .... 44 46 42 .141 Augusta ... . 48 52 ' 46 1.14' Birmingham . . 50 54 50 .40) CHARLOTTE .. 42 52 42 .57, Columbia .... 48 46 1.10 Fort Smith ... 38 38 .00! Galveston ... ...58 66 58 . .00; Houston ..... 54 54 .00 Louisville .. .. 48 62 48 .00 Macon ...... 48 , 48 .56 Memphis .... 50 62 50 .04 Meridian .... 52 52 .42 New Orleans .. 56 62 56 - .64, Palestine .... 48 68 " 48 .00 Raleigh 56 56 46 .92 Savannah .... 60 56 52 1.84 Taylor ...... 48 46 .00 Thomasvllle ..' 60 52 3.66 who tried the case, and by Solicitor Gattis, who prosecuted in the trial. That the Southern Railway Com pany provide at once a suitable sta tion building at McLeansburg, Guil ford county, is;the provision of an or der just issued by the corporation commission. This station Is eight miles east of Greensboro and all trains stop there. The station facilities at. this time are pronounced inadequate The plans for a new station are to bei approved by the commission. ) This community was shocked by the; horrible burning to death of the inv fant son of Mrs. L. C. Pegram on Mar- im eireet xuursaay nignu ine moinen left the child In the room, the cradle! being near the open fire place. When! she returned the cradle was nearlyj burned up, the child dead and a hole burned in the floor under It. The' mother cannot account, for the flre-j having caught In the cradle. There; was no outcry from the child that any. one heard. . AN IDEAL WOMAN'S LAXATIVE j Who wants to take salts, or castor j oil, when there is nothing: better than Dr. King's New Life Pills for all bowel vivuuiva. jlbkj act geuuy boo nitairaj-i ly on the stomach and liver, stlmn-j late and regulate your bowels, and tone up the entire system. Price 25c; At all Druggists. H. E. Bucklen & Co Philadelphia or St. Louis. ! '1 Automobiles .... Built V
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 24, 1914, edition 1
9
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