THE RALEIGH EVENING TIMES, MONDAY, JUNE 11 1906.
5
OPENED WITH
LOWER PRICES
Features of New York Stock
Market Today
ONLY SLIGHT LOSSES
People's Gas 92
Pressed Steel Car . .. 62
Pullman Palace Car , 228
Standard OH 615
Sugar ........
Sloss-Shefflcld Steel.. 78K
Tennessee Coal and Iron ir.r.iK, I
United States Steel 40,
United States Steel pfd 106V
Western Union..
Mackay Co.'s
Mackay co.'s pfd : '.
Virginia-Carolina Chemical..,.
Va.-C'at. Chemical pfd
93
74
74 Vj
41
111
New York Cutton Market.
The Market Later Rallied to a Small
Fraction Above Saturday's t'los'
ins Figures Still Later KcudiiiK
Dei-lines and l'riees Generally Are
Again Forced Down (Quotations.
(By the Associated Press.)
New York. June 11. Opening prlees
in the stock market today were below
i-aturday's closing, but the majority of
stocks suffered only Blight losses. Con
solidated (las yielded 2, Colorado Fuel
1 1-4, and Missouri Pacific 1 point.
Louisville Nashville, Haltiino'e &
Ohio, Northern Paeiflc, Amalgamated
Copper and Smelting were off 1-2 to 3-4.
Supporting orders were placed oil the
market and St. Paul was bid up to
1-1 above last week's closing to offset
any further sympathetic losses through
the 3 1-2 point break in Consolidated
lias. These tactics rallied the market
to a small fraction above' Saturday's
final figures, after which speculation
hecauie (ulet and steady until there
was a rathei; precipitate decline in
Heading from 142 1-8 to 111) 3-4. Other
stocks gave way again to about where
they o;ened at.
Speculation was too narrow to admit
ot much independent action and the
result was the entire list was swayed
by the professional operations in any
particular stock. The decline caused
by the heaviness off Heading was read
ily checked and prices, brought up to
about the best of the morning when
the bull' party in St. Pali! resumed
their buying and pu.t it up three fiolnls
to 1711. Auaeoda improved 2, Liic
tnotive and Iowa Central , preferred
1, Illinois Central 1 and Peoples
tias 1 1-4. Consolidated lias rallied
over 2 (mints from a. lowest and Head
ing made up all of its loss, l.onda
were steady at noon.
Very little stock was offered and
slocks for which there was the slight
est Inquiry sold higher. This was
noticeably the case for Heading. I
I'liion Pacific and Amalgamated Cop
per. St. Paul hovered above 170 and
Delaware &' Hudson made one of its
characteristic advances of seven points
i n a tew transactions. Other advances
leached 1 to 1 1-4 ill Union Pacific, Col.
orado Southern, Colorado Fuel and
llepubllc Steel.
Conditions in the stock market were
not essentially altered in the late
alternonn. The market presented a
very firm front and any efforts at ac-
mutilation ' caused very notable ad
vances. A '.lumber of representative
'industrials and railroads ruled in the
i:cighboi hood of a point above Satur
days dosing. .Northwestern gained
;;i-2, Colorado Fuel 1 3-4. New Vol k
Central 1 3-S and Pennsylvania and
Heading 1, while Hocking Valley lost
Uailinads operating in the -wheat
tel l itoiy were -bought heavily after the
- publication 'of the government crop
I'm Met in, especially Atchison and the
Hill stocks. Atchison gained 1. (ileal
Noilhcni preferred 2 and Northern
.Pacific 2 1-2. -Moderate advances oe
ccried also among various oilier
.stocks, but tlie general Improvement
was soon checked by realizing older 111
Heading and St. Paul. In the final
dealings 'the market stiffened up 'again
and closed :n.
(By the Associated Press.)
New York, June 11. The cotton mar
ket opened steady at an advance of
pa3 points in response to higher cables.
(iooil wealher and crop advices
cheeked tile demand, but. the market
after sagging off a point or two firmed,
up in sympathy Willi July in New Or
leans, which sold fourteen points above
the closing prices of Saturday while
new crops gained about 3(fi4 points.
The local market was firm during the
middle of the morning and about fiftr!)
points higher on covering of shorts and
a few buying orders from New Orleans.
New York, June 11. Cotton fu
tures opened steady; July, 10. (!7;
August, 10.5(i; September, 10.46;
October, 10. 15 : November, 10.42;
December, 10.17; January, 10.51.
Cotton futures cloyed steady, dor
lug bids: June 10.7.".; July 10.72; August
10. 59; September KUH: October 10.17;
November HUB: December lO.fil;. Jan
uary 10.57; February 10.38; March 10.65..
The market at midday was quiet but
steady, with prices at about the high
prices of the session or 6 to 9 points
above the closing figures of Saturday
Spot cotton (iiiiet; middling uplands
11.25; middling sulf 11.59. '
Cotton spot closed quiet and steady,
5 points advance; middling uplands
11.25; middling gulf 11.50. Sales 1,4X
bales.
Estimated receipts at the ports today
1,000 bales against 10.078 last week and
12.1112 last year. For the week 40,000
bales against 05,170 last week and
Si,37C last year. Today's receipts at
New Orleans i2 bales against 3,595
last year, and at Houston 455 bales
against 3.8'J6 last s ear.
ceipts 26,000; market steady tw 10c.
lower. Beeves 4.00 6.00; cows and
heifers 1.655.10; stockers and
feeders 2.75 4.60; Texans 2.75
4.40; calves 5.25 6.75.
Hogs receipts 44,000; market
strong; mixed and butchers 6.35
6.62. Good heavy 6.55 6.65;
rough heavy 6.35 6.4 5; light 6.35
6.55; pigs 5.C01i,6.30; bulk of
sales 6.506.C0.
Sheep receipts 27,000; market
strong; sheep 4.60 Hii 6.10; lambs 5.50
li 7.10.
COMMERCE COMMISSION
New York Provision Market.
(By the Associated Tress.) ,
Now York, June 11. Flour steady,
but slow.
Wheat unsettled; July 90 r.-fW)91;
Sept. 88 3-KiSU 3-8: Dee. 90 l-Sfi.3-8.
Hye dull; No. 2 western G7 3-4; nomi
nal. Corn unsettled; Dec. 57 5-8.
Beef and :101k steady.
Lard firm; prime western S.Sj'tS.DO
nominal.
Sugar, raw, quiet; fair 'refining
2 15-lllfi31-32; centrifugal 3 l.-32i 1-2;
molasses sugar 2 ll-16i 23-32. Heflncd
steady; crushed 5.30; powdered 4.70;
granulated 4.60.
Coffee steady; No. 7 Rio 7 5-S.
Molasses steady; New Orleans
30i38. ,
Butler steadier; creamery 15di20.
Cheese weak: new state full cream
large and small Sfu 10 1-2 skims
2'o 8 1-2.
Kggs linn, nearby selected 22: west
ern firsts 17; southerns II l-2!illi.
Hearing in the Coal and Oil
Stock Inquiry
Testimony Adduced Today at Hitting
of Commission in Washington
Another Meeting Tomorrow at
Philadelphia.
Satur
day's Open. Close. Close.
June . . . . , 1(1.75 10.60
July ' . . . . PI.B7 10.12 10.65
August . . . . 1o..-,fi -10.59 10.53
September . .10.16 10.49 10.45
October . . . 10.45 10.47 10.42
November . .10.42 10. 16. . 10.42
December . . 10.47 10.51 Ifl.46
January . . . 10.51 10.57 10.5U
February . . . 10.5S 10.52
March ... .-.! 10.65 10.57
".' Liverpool Cotton Market.
(By the Associated Press.)
Liverpool, June 11. Cotton spot
(jillet;, prices 4 points higher; Ameri
can middling fair 6.51: good -middling
6.27; middling 6.05; low middling 5.87;
good ordinary 5.07; ordinary 5.47. The
sales of the da;" were 7,000 bales or
which 500 were for sueculatlon and
effort, and Included 5,7(10 American.
Hteeipts 13,000 bales. Including 1,200
American. Futures .opened firm and
closed steady; American middling good
ordinary clause, Juno 5.84; June-July
5.8.V,5.S4: July-August 5.81; Aug.-Sept.
5.77; Sept. -October 5.70; Oct-Nov. 5.65;
Nov.-Dcc. 5.6lii5.65; lce.-Jati. 5.619
5.65; Jan. -Feb. 5.65: Feb.-March 5.66;
March-April 5.67?i5.6S; April-May S.tisy
569,
New York Poultry Market.
New York. June 11. Poultry alive
steady; western broilers 26; fowls
13 1-2; turkeys llffi12; dressed firm:
western broilers 20125; turkeys 1141-13;
fowls 104(13.
ENLISTED IN THE NAVY
To Qualify Himself for tlie
Ministry
Xow Me Wants Release The Queer
Story of a South Carolina liny
I nfolded to President Roosevelt
Today.
Raleigh Spot Market.
(Reported by Chas. K. Johnson & Co.)
New York Closing Stock
Atlantic Coast Line ... . . . .
Atchison . . . . ... . .... . .
Atchison pref. . ..... ; . . . .
Baltimore & Ohio i . ... .v.
Chesapeake: & Ohio .. ... .
Canadian Pacific . . ...... ,
Chicago & Alton
Chicago & Alton prof.;...
Chicago & Northwestern . .
List.
. .M7Vi
;. ill
..102
.:.u(i'4
...
... KiO
. . 28
. . 71
.'.2M6
Strict good- middling, II '.rC.
Good middling, II1, 4c.
Strict middling 11c.
Middling. 10c.
Ileeeipts today- f bales. .
Colorado Southern . .... . .
Denver & .Rio Grande , . . . .
Denver, & Rio Grande 'prof.
Erie ... . .". . . ; .....
Great Northern pref."......
Illinois Central . ........ .
Loiusvllle & Nashvile
Manhattan L ..... . . . . . . .
Mctroplitan St. Rwy.
Mexican Central .........
Missouri Pacific ...... .
New York Central .......... 140
Norfolk & Western ... . .. . . . 88
j Northern Pacific .......... .212
Pennsylvania . . . . . . . . . . . . .134,s
Heading 142
Rock Island '26
Rock Island pref. .......... 65
St. Paul ................ ..179&
Southern Pacific ... ....... . 66
Southern Railway .......... 38
Southern Railway pref. . . . . 99
Union Pacific 152
Union Pacific pref. ... . . . ... 94
Wabash ...... ..... . ... . . , 21
Wisconsin Central .... . . . . . . 25
Miscellaneous.
Amalgainated Copper.. 108
American Car and Foundry 41
American Smelting 156
American Smelting pfd......;.., 11!)
American Woolen , 40
American Woolen pfd... 107
American Cotton Oil v. .......... . 33
American Tobacco pfd.......... 108
American Tobacco 4's... 7S
American Tobacco 6's.. ....... ... 113
Brooklyn Rapid Transit 84
Colorado Fuel and Iron..,..,... 58
International Paper -20
National Biscuit...... 67
National Lead....... 76
Northern Securities........
Pacific Mall..... 38
New York Money Market.
(liv the Associated Press.)
New York, June '11. Money on
call 2:!l (S 3 I'"1' cent; ruling rate
;j per cent; closing bid 2 offered
at 3.
Time money dull but retains its
strength; sixty clays 1 per cont ;
ninety days 4 ; six months 4 (n
1.
New 'York;- June 11. Close Prime
5ier;i utile piper 545 1-2 per cent
sterling exchange firm at 486.O54i4S6.10
for demand and at4S2.Wi4S2.ll5 for
sixty day bills. Posted rates 484 and
Bar silver 65. Mexican dollars
government bonds steady. Rail
bonds Irregular.
487.
5oi-:
road
Chicago Grain Market.
(By the Associated Press.)
Chicago,'.. June 11. Wheat opened
strong and somewhat excited today be
cause of the fact that Liverpool cables
were 3-4d. higher. Tlie cause of the
advance at Liverpool was a rumor that
the Russian government Is about to
prohibit the exports of breadstuff's.
The weather In this country is favor
able for the crop, and this, together
with realizing sales caused nearly all
of the advance to be lost. Commission
houses were heavy traders. , July
opened 1-8 lower to 3-8 higher at
84 1-4 to 84 3-4 and declined to 83 .1-8.
The low point for July was 83.
After the first hour of trading the
market held steady at the decline
traders being indisposed to do much
because of the government crop re
port which was expected during the
day. It came in the last ten minutes
of the session, too late to have ef
fect on today's market. The close
was steady with July oft . . at
83 .
July corn on prolit-taklug eased off
to Fl 1-2(05-8.
Covering by shorts late In the day
sent the price of July up to 51
. The closo was firm, with July
higher, at 51 fi. .
July oats eased off to 41 5-8. .
July oats eased of to 37 0-8.
September provisions opened quiet,
pork at 16.55; September iard 8.95, ribs
9.32 to 9.35.
Chicago Live Stock Market. 1
(By the Associated Press.)
Chicago, June 11. Cattle re-
( By 'the Associated Press.)
Washington, June 11. President
Roosevelt heard today 'a. .curious story
of desertion from the United Msra
navy and an appeal on behalf of the
culprit. The statement was made to
tile president by Senator Winger of
New Il.-.inpslilre 011 behalf of Senator
Tillman of South Carolina. Senator
Oalllugcr was 'accompanied to tlie
White House by Representative John
son of South Carolina.
A brief time ago J. Matthews Fort-
ner, a mountain boy of rtcKens county,
C. became Imbued with the Idea ot
becoming ''Baptist- preacher. While
in a state of exaltation, he encount
ered a recruiting officer of the 'navy
ind told him of his ambition. Tlie
officer suggested that Former enlist in
tlie navy and thereby obtain an all
iiround education that would be of
advantage to him In his clerical en
nig. Former enlisted with the idea
that the navy was particularly adapted
to religiously inclined young men. He
was senL -...aboard -.tlie Lancaster in
The young man soon decided
ihit the navy was not. quite tlie place
for a man inclined ..toward the .minis
try and deserted. He became a student
at- Furman University at (Ireenville, S.
('. The police learned the history of
hH enlistment and arrested hini. He
is now in prison. The president lis
icned to the story with deep Interest.
He suggested the young man would
have to stand ilia 1 for desertion and
then all the facts would be developed.
He promised to take up the case after
the trial and ascertain what, if any
thing, could be done for Former in
the way ot leniency.
(By the Associated Press.)
Washington,-June. 11. Further testi
mony with respect to the ownership
by officials of ruihoads of cnai ami
oil stocks and properties was taken
by the interstate commerce commis
sion today. Two witnesses were ex
amined, Charles K. Ways, of Haiti
more, assistant to the freight traffic
manager, and L. R. H1u1k1.nlrough. of
Pittsburg, general freight agent, botli
of the Baltimore & Ohio Railroad Coin,
puny, in answer to cincstions by ihe
commissioners Mr. Ways admitted that
he at present owns 1M) .bares of mer
chants coal company stock which he
paid for in full, except.- 24 shares
which were allotted to him in connec
tion with a bond issue. In addition,
lie said he had thirty-one shaies of
dividend stock. The balance he paid
for at' par, $100 a share. He declared
tbat he became a stockholder when
the company was organised, about
tMt een years ago.
Replying to commissioner Clements
the witness testified that he had no
interest in any oil properties or any
other coal company or property. lie
said further, annweiing a question by
J. (1. Wilson, assistant general counsel
of the bank, that he had nothing to
no with car distribution or tlie mak
ing of coal rates.
Mr. Brnekcnlimugh .. described bis
duties, saying he had charge of the
rates on all traffic -except coal, eoko
and live stock, but 110 such rales were
made by him without first consulting
tlie freight traffic manager;'''
He was, he said, the owner of fifty
shales of Urinsa coal stock, the prop
erty being located on the Ursine, and
Northfork Railroad, between ('umber
land and Connellsville. an independent
road. Tlie stock lie said was given to
him 'by (Jeoige -Humbert a promoter,
who was trying to develop a lot of
property at Soutli Cnnnollsvllle-. Hum
bert, he said, was a friend who simply
was trying to help him in a personal
way into secure industries. He never
realized a dollar, he declared., out ot
anything on the Baltimore 7 Ohio
Road. j
The hearing adjourned until tomor
row at Philadelphia where it is ex
pected It will continue for two days
and possibly longer.
ccai
IS ON THIS
BEWARE OF
BOTTLE AND
SUBSTITUTES.
THERE IS ONLY ONE
COCA COLA
Bottled in
the -c
Raleigh Is indcntically
sold at Priii; Stores-
Raleigh Coca
Cola Bottling Co.
D. T. POIXDEXTEB, Mr.
, Trade Buiiding.
Again
WE SAY
::DMT::
LET MOSQUITOES AND FLIES WORRY YOU
Ibis Canopy is cllertual ami convenient and will save toii
much worry and maybe keep oil' sickness. Mosquito bites are dan
gerous.
GILLETTE AND
GRANNISS INDICTED.
THE GRAVESEND
RACES TODAY.
(Ry the Associated Press.)
firaveseud, I,, I.. June 11. First
race About n(i!e selling; 3 year
olds iiud up Rye Hi In fi and even,
first; Keator 2 to 5, place, second; Nan
nie Hodge, third. Time i:09 3-5.
Second race Steeplechase: handicap
about 2V3 miles. Knight of Khvay, 5 to
1 and G to 5 first. Dromedary 3 to 5
place, second; (rn third. Time 4:53 3-
(By the Associated Tress.)
New York, June 11. Dr. Walter
It.-Gillette- and Robert A. Grunniss,
formerly vice presidents of the Mu
tual life Insurance Company were in
dicted on charges of forgery and per
jury today by a special grand' jury
which has been investigating insur
ance mat t'ers 'under the direction of
District Attorney Jerome. Dr. Gil
lette is charged . with having made
false statements in the grand jury
room. Five instances of forgery are
alleged in the charges against him.
Excitement in X. O. Cotton Market.
(My the Associated Press.)
New Orleans, June 11. -An abrupt
rise in the cotton market of 2(i points
in July today caused considerable ex
citement and rumors of a bull cor
ner. Later prices fell away some
what, July being 19 points higher
than Saturday's closing. It was said
that a corner had been secured on
all spot cotton available for July dc-
V'rc tq U10 rtf .Tiilv touched X"
points higher than October, the first
new crop position 111 wntcn there is
at present an acitve trading.
. Mm - . '
nP. IfrtOinal I rnn -r-
11 run x:mmi:mA
WOOD lp&::iix'
1 RFfi'v mmmmmam .
1 1 a wbw w . ,;;; '" ----'v
1 Fl tm-vi: -M"IN ;'
I l't(M(ir
"fmm I CEILING CANOPY $1.75
. rMlfSpT BEST SELECTED. Jy. '
, , lute i ii; ftRA
home is (he Ice Cicani Kreezer. &Mj.
We have a Kood line of f he most II WA II I a flA SSEIV;SS
J. i. 16 lie l ighn
Lawn Mowers, , : - n,1A'Y tavlok, Manager. WlmWWi
; Garden Hose lnZTl t,,c porson wa", m&mM
Wire Screen Doors, and season" 1
abl. fcoods found m tin ll.udware - (IIIMIIIIIIIIimill llIH IIIDHmnBi
line, m
Carolina Hardware Co.,
East End City Market. i
IX THE
Tricliod (a . -business-iiki; piano man
ufacturer) It vou (Ion t want to keep
that -piano that. I let you have on
...pproval. Mr. sheers. 1 wish you would
ret in n it.
sheers (an absent -minded editor)
Did vou in' lose a sta.mped envelope.
Stray store's. ...
Kehate Cases Dismissed.
(By thM Associated Press.)
Kansas City, Mo., June 11. In
the United States district, court here
today the' case against the Chicago &
Alton and the Chicago, Milwaukee &
Dibbles Isn't
broker. In that
Nihhli . i 1
rubbles- It s
must have monev.
Nibbles- ch. He has
Columbus Despatch.
that Hawkins,
automobile.
the
flue machine, lit
lot of mine.
I UNCLASSIFIED WANTS,
San Francisco
FIRE
Millions of dollars worth of secur
ities and valuables were saved
through the protection of safe deposit
vaults. -
Are your valuables: jewel
ry, stocks, bonds, insurance
policies, etc., safe from fire?
The Carolina 'Trust Co. lias safe
deposit boxes in its lire and burglar
qroof vault. These boxes can lie had
for .f.Od a year and furnish absolute
protection against lire or burglars.
Come and see them. .
Carolina Trust Company.
A. J. RUFFIN, President.
LEO D. HEARTT. Vice President
and General Manager.
H. F. SMITH, Cashier.
WANT A
Desirable Sideboard
AT A LOW PRICE?
1
ZLl " bi.i
o dining room is complete
without a sideboard. This piece
of furniture is not a luxury or
made merely to look uiou, hut it
is absolutely a necessity, and
every home should have one.
OIK PRICES Jl'ST NOW EOK
SIDEJIO.AHDS AUK KOCK 1)T
TOM. .
In reach of all classes of buy"
is. ou do not have lo have a
wcll-lillcd pocket book to buy
here. We make prices right and
offer unusually reasonable terms.
Always look here before buying
furniture.
The Raleigh Furniture Co.,
JAS. M. RIGGAN, Mgr.
against D. H. Kresky, a Kansas City
freight broker, charged with con
spiracy to obtain rebates for ship
pers, wore dismissed at the sugges
tion of A. S. Van Valkenburgh, the
district attorney.
WilliainsWoodard.
The marriage of Mr. Robert I. Wil
Hams, a well known and popular
pharmacist of Raleigh, and Miss
Caroline Myrtle Woodward, will take
place this evening.
NO USE PAVING
5 CENTS EACH
FOR 5 CIGARS
When You Can Get
Just As Good For a
QUARTER
AT . .
NORWOOD,
Maker of the Finest Cigars Ever Sold
at the Price,
LIST YOU. TAXES. -The attention
ot the public, is called to the, fact
that the month of Juno is tho time
to list taxes. Any person failing
to list will lie liable for double tax.
h. H. Adams, Chairman Board
County Commissioners.
LOST On Friday night, on street
car or between California Fruit
Store and Blount street, a dove
shaped brooch set with pearls.
Finder will be liberally rewarded
by leaving at this office.
Swift's
HAMS
at 15 Cents
The highest grade meat Helling
the market today at the price.
W. R. DORSETT.
Everything best in Groceries.
Hnbbard Bros. & Co.
HANOVER SQUARE, NEW YORK.
MEMBERS OF New York Cotton Ex
ehinge, New Orleans Cotton Ex
change. Asoclote Members Liver
pool Cotton AsoclaLlOQ,,
ORDERS SOLICITED For the pur
chase and cale of cotton (or future
delivery. Correspondence Invited.
YOU CAN
Eat II e rty-
Eat Anything'
IF YOU DRINK
Do You Want
TO UORUOW MONEY TO IU Y OR IJl'IM)
v -a H o me ?
'Ille inoiiej you pay for rent will luiy a home within a few years
if applied Ihrougli
Uye Raleigh Building (SL Loan Asso.
MONEY TO l.l.'ND.
I-or further information call on (he .Secretary Treasurer.
T. IS. OM.CK, Pres. W. S. WILSON. See. and Trens.
Ofhrc at tucker Drug Company's Store (Crowcll's Old Sfaud).
I HI ii
rrouounced by Einmiiient I'hysic
iaiis by all those who have tried it
ABSOLUTELY BEST WATER
FOR INDIGESTION AND
STOMACH TROUBLES
Sold in any quantity from a ulass
ful at our fountain to a Carboy de1
Iivcred to your homo or ofllce.
HICKS' DRUG STORES
re in Keneial use thrnuBhout the ciiuntrv
Hini never, fail to-Kive Ratisfactinti. , T h e y
look well last well, unci is the must iinia
incNtMl innf, made. They can't leak, blow
ill' or break: as cheap as VVnml ihlnples.
Write fur hmiklet, "( ioncei hIiir (hat Ilonf."
ALLEN ItOOFIXt; CO., Ralcif.li. N. C.
THE SOUTH GROWING.
Tlie Assessed value of its property increased
' -
Four Hundred Million Dollars
diirinj; the past year. j
THE CITIZENS NATIONAL BANK
of Raleigh, lonpaltilates its patrons that, with them, it has been
perniiXed to contribute to this marvellous growth. 2
Ol'R ASSETS One and a half millions.
JOSFU'Il O, BROWN, President.
HENRY E. LITCHFORD, Cashier.
3T