TEE RALEIGH EVENING . TJMES, iJJNEJSDAY, OCTOBER 24,1906. '""'WfT'
-V
SMALL TRADING
AT THE OPENING
Slock Dealing Limited and
No Big Changes
STRENGTH CAME LATER
Prices Moved Fitfully and Frequent"
ly Reversed Their Course During
the Second Hour Reaction Fol
lowed Establishment of New High
Level The Quotations.
(H.v tho Associated Press.)
New York, Oct; 24. The first business
in .stocks wfla small and at prices little
Changed from those of last ritght. Tho
losses outnumbered the sains and In
cluded the most important stocks. St.
T.otiis Southwestern fell 1 3-8, Northern
Pacific and Reading a point, and St,
Paul and United States Steel large
fractions.
The opening decline did not proceed
far before supporting orders began to
make their appearance and the market
rallied to yesterday's closing level. De
cided strength in St. Tan! assisted tho
recovery, especially among the grain
carriers.
Prices again declined to about mid
way between the hifchest and lowest
figures of the first hour. St. Paul, Kan
sas City Southern preferred, National
Plseult and Hocking Coal gained 1 to
1 3-8 and Colorado ft Southern second
preferred. Pressed Steel Car and Texas
Land Trust VA to 1 7-8. Hcthlehem
Steel preferred sold at an advance of 7
points. ,
The market lacked ihe energy to rise
even when there were no stocks press
ing for sale. Dullness was the most
distinctive feature of the midday deal
ings. Some of the leaders reached 0
slightly lower level. Union Pacific, Mis
souri Pacific and Republic Steel pre
ferred losing a point. Federal Mining
improved 4 and American Tobaco pre
ferred and North American f 1-4.
Prices moved fitfully and frequently
reversed their course during the second
hour. A new high level was reached
and then a pronounced reaction car
ried some stock lower than at first.
St. Paul. St. I.ouls Southewestern. pre
ferred. Brooklyn Transit and the In-terhorough-Metropolitan
stocks Were
lifted 1 1-2 to 1 3-4 over last night.
National Biscuit 1-8 American Pneu
matic Service 2 3-4, the preferred 1 1-4
and American LocomtiVc 1, The mark
et became dull and heavy at the re
action. Bonds were firm.
A close scrutiny of the list failed to
show much alteration in prices after
one o'clock, though the average was j
lower. The unwillingness of the trad-
s to undertake vigorous operations
one whv or the other kept the market
idle most of the time. Southern Pa
cific, Canadian Pacific and Distillers
Securities fell a point.
The market closed dull and weak.
There was a convulsive rise of 2
in Norfolk- & Western on the an
nouncement of tho increase in divi
dend to a per cent. This was not
held and fiio market sold off to the
lowest point of tho day under light
offerings. Atchison, Louisville &
Nashville, Baltimore & Ohio and
United States Steel fell about a point;
Toledo. St. Louis & Western. 1 1-1;
Union Pacific, Southern Pacific, Rock
island preferred, Reading, Now York
Central and Smelting, 1 1-2 to 1 3-4,
and Anaconda 4 1-2.
New York Closing Stock I
Atchison
Atchison pref
Atlantic Coast Line
Baltimore & Ohio
Canadian Pacific
Chicago it Northwestern . . .
Chicago & Northwestern pref
Colorado Southern . . . . '. .
Chesapeake & Ohio
Denver & Rio Grande
1st.
.100
, 13G
. 1 1 S '
.17 4
. 20 I
, so p.
. '
. rv Ms
. 40
. ;sl
. 43ft
.321
. 37
. 77V6
. 1 -1 I Va
Denver & Rio (Jrande
pre I'.
Krie
Great Northern pref. ,
Interborough-Met. . . .
Inter borough-Met. pref.
Illinois Central
Louisville & Nashville
Manhattan L
Metropolitan St. Rwy.
Mexican Central
Missouri Pacific . .
Northern Pacific . .
New York Central
Norfolk & Western . .
Pennsylvania
Reading
Rock Island
Rock Island pref. . . .
St. Paul
20
m
212
12.1
94
140''k
143
27;
G"
17 :
53
95
1N2'.5
92.
1 9
25
Southern
Pacific . .
Southern
Railway . . .
Southern
Railway prof
Union
' Union
Pacific
Pacific pref. . . .
Wabash
Wisconsin Central
Miscellaneous.
Amalgamated Copper
American Car & Foundry
American Locomotive
American Smelting
American Smelting pref
Brooklyn Rapid Transit
Colorado Fuel & Iron
International Paper
National Biscuit
National Lec.d
Northern Securities
Pacific: Mail
Teople's Gas
Piessed Steel Car
Pullman Palace Car
Standard Oil
Sugar
Tennessee Coal & Iron
United States Steel
113
44
75
154
117
79
52
18
76
75
35
89
55
259
596
133
155
46
United States Steel prcf 10
Western Union 8B14
Mackay Co's 70
Mackay Co's. oref t
American Cotton Oil i 34
American Tobacco -.iref 98
American Tobacco 4's 7SV4
American Tobacco G's 110V-
Sloss-Sheffield 72
Virginia-Carolina Chemical 37
Va.-Carolina Chemical pref 109
American Woolen 35
American Wooden pref 103
Xew York l ot ton Market.
(By the Associated Press.)
New York, Oct. 24. The cotton mar
ket opened steady at an advance of 31
10 points, which was not a full response
to much higher cables than expected,
demand being restricted by a more fav
orable weather map, while there was
considerable selling by local profes
sionals. Some of the big traders sup
ported, however, and prices during the
middle of the morning were within 3
or 4 points of the opening figure. Liv
erpool reported a good deal of buying
on small southern offerings.
Cotton futures opened steady. Octo
ber, 11.00; November. 11.00; December,
11.00; January, 11.05; February, offered.
11.12; March, 11.19; April, 11.19; May,
11.25; July, 11.38.
Cotton futures closod steady; clos
ing bids: October 10.99, November
10.91, Dacember 10.92, January
11.0 1; February 11.0s, March 11.10,
April 11.18. .May 11.2,5, June 11.25,
July .1 1.32.
The market ,".t midday was quiet with
prices about 2 points net higher;
Spot quiet : middling uplands 11.15.
middling gulf. 11.40.
Cotton, spot closed dull, 10 points ad
vance; middling uplands 11.25; middling
gulf 11.50; sales, none.
Estimated receipts at the ports to
day. i'6,000 bales against 15.554 last week
and :;s.S!i? last year. For the week, 420,
000 bales against 372,277 last week and
293,863 last year. Today's receipts at
New Orleans 17. 042 hales against 7.702
last year, and at Houston 19,989 hales
against 16,158 last year.
Yesterday's.
Open
11.00
11.00
11.00
11.05
11.12
11.10
11.19
11.25
11.36
Close CloSe
October .
November
10.99
10.91
10.92
11.01
11.08
11.16
11. IS
11.25
11.25
11.32
11.93
10.91
io.so
10.99
11.07
11.10
11.18
11.22
11.26
11.32
December
January .
February
March ....
April
May
June
July
Liverpool Cotton Market.
(By the Associated Press.)
Liverpool, Oct. 24. Cot tori spol mod
crate business done; prices 88l12 points
higher; American middling, fair, 6.91;
good middling, 6.51; middling, 6.37; low
middling. 0.15; good ordinary, 5.79; or
dinary, 5.55.
The sales of the day were 7,000 bales,
of which 500 were for speculation and
export and included 5,400 American.
Receipts. 9.30O bales, all American.
Futures opened steady and closed
easy; American middling, good ordi
nary clause, October. 6.01; October-November.
5.95; November-December.
5.90; December-January. 5.90',i: January-February.
5.93; February-March.
5.95; March-April, 5.98: April-May.
O.d; May-June, 6.01; June-July, 6.03;
July-August, 6.04.
Raleigh Cotton Market.
(Reported by Charles E. Johnson &
Company. )
New cotton. 10 to lie.
Receipts today, 75 bales,
Chicago Grain Market.
(By the Associated Press.)
Chicago. Oct. 24. Wheat opened firm
today on a fair demand by commission
houses, higher cables and smaller re
ceipts in the northwest. Pit traders,
however, sold actively and the market
soon eased off. December opened l-8(fi)
1-4 higher at 73 to 73fi5-S, and sold
at 73 3-S.
The market became weak in the last
half hour. The low point for Decem
ber was 72 3-4. The close was weak
witli December off '!? at 72-.
Firm cnliles and wet weather
throughout the corn belt sent December
corn Uiii to 42 Ef-ftl V..
The market, firm all day. closed with
December unchanged at 42 1-2.
Fair demand by shorts steadied De
cember oats at 33 1-4.
January provisions opened easier;
pork at 13.57, lard at S.22, and ribs
at 7.40. ;
Chicago Live Stock Market.
(By the Associated Pres.l
Chicago. Oct. 24. Cattle Estimated
receipts. ; 25,000; market, best, steady;
others, lee lower. Beeves, 4.00f 7.25;
cows and heifers, 1.50(fi5.15; stockers
and feeders. 2,50(8)4.40; Texans, 3.75iSt
4.30; westerns, 3.U0ifi6.25; calves, O.OO'fi
7.50.
Hogs Estimated receipts, 25.00O; mar
ket aCr 1(1 lower. Mixed and butchers.
r..!i5i6.40; good heavy. 6.206.42: rough
heavy, 5.S0(fi6.O5: light. 5.968.35; pigs.
5.70li6.10; bulk of sales, 6.056.35.
Sliei'p Estimated receipts, 25,000;
market steady. Sheep, 3.655.50; lambs.
4.60;7.5O.
New York li,ovisions.
(By the Associated Press.)
New York, Oct. 24. Flour
Steady, with trade quiet.
Wheat Stronger; Dec, 81 7-8
82; May, S3 ir.-lG84 1-8.
Rve Finn; No. 2 western, 69 1-2
c. i. f. New York.
Corn Market dull and no trans
actions. BeefFirjn; family, 12.50
13:00; packet, 10.50 11.04.
Pork Steady.
Lard Steady; prime western,
9.G5 9.75.
Sugar Raw quiet; fair refining,
3 1-2; centrifugal, 9G test, 4; mo
lasses sugar, 3 1-4. Refined steady;
crushed, 5.60; powdered, 5.00; gran
ulated, 4.90.
Coffee Steady; No. 7 Rio, .8.
Molasses Steady; Now Orleans,
30 38.
Butter firm; receipts 8,077; west rn
Imitution creamery, firsts 20 1-2 21
m ; I m ; (H i .
Cheese steady unchanged. Itceelpts
5,554.
Eggs steady unchanged, receipts,
6,491.
New York Money Market.
(By the Associated Press.)
New York, Oct. 24. Money on call
firm, 35 per cent; ruling rate,
1 1-2; closing bid, 3; offered at 4.
Time loans dull and steady; sixty
days, ninety days, GJt G 1-2 per cent;
six months, G.
Close Prime mercantile paper, G
I (ft 6 1-2 per cent; sterling exchange
i firm, with actual business in bankers'
! bills at 48S.90485.95 for demand,
land at 480.66 480.75 for sixty-day
i bills; posted ratc3, 480 1-2 481 nnd
jlX6: 486 1-2; commercial bills,
!4S0 l-4 480 3-4; bar silver, 70 1-2;
Mexican dollars, 54. Government
bonds steady; railroad bonds irregu
lar The Poultry Market.
'(By the Associated Press.)
New York, Oct 24. Poultry alive
qui"t: spring chickens 10; fowls II):
turkeys 14. Dressed Irregular; wes
tern spring chickens 10 ifi 14; spring
turkeys 16 r,i IS; fowls 10 H 12.
SOUTHERN COTTON MILL STOCK.
atio:is bv
Alibotl
Kid Asked
Abbeville
!1
Aetna .. .. .. .. .. .
Aiken Mfg. Co ... .... .
iae: ican Spinning . . .
American Spinning pre
A m. Warehouse, Spra y
Anderson Cotton Mil "
Arcade .. .. .. ..
Arcadia
Vri-tn ..
Arkwrlght Mills
A rltrigton .. .. .:. . .
Atherton, N. c. . . v. .
Avon
Avondale .. .. ..
Augusta. Oa
Hibb
Helton
Bonnie ..
!il
1.25
102
ioo
J 02
ll II
101
86
,1?3
.125
.105
.115
. SO
11H
10G
.111.3
.115
Rratulon '
Biogori C
Brookside
Mil'1
Mills
.1031
firnomnV'.d WO 112
Cabarrus 150 130
Cannon M ft. Co 150 160
Capital city pfd 76 SO
Chadwick N. ( pfd .. '.. .. 103
Oherryvlllo .. . 60 67
tti.es welt, s. c 91
Cheswell. S. C. pfd If HI
'"dnton 1?5
Clifton com 122 124
CUftoni :fd U)2 10.4
Oilffside 125
Chlquota Cotton Mills 92 96
Chrolcle M'Is. N. C .
Courtney 100
Converse .. .. 118 120
OJ.il l-okce Mf:-. Co 133
( 'olumbus Mf'j. ( o 101
Cora 9! 100
Coxe 99 101
Darlington .. .. 63
Dallas Mfg. Co., Ala 96
nover Vara Mills, N. C 100
Dravto.i :. .. .... ..; .. .. ... . 91
DIHKlg .. .. 60
Diikm .. ,, 60
Frlrd. N, C 15
Fagle & Phoenix... 130 121
Kl intra . fd M2V4 105
Kasley .. .. .. ..133
T.ldnton. N. C. ... ',. ,. ... ...
Enterprise Mills X C (par 50) 20
Knoree ; 80 85
Ennree pfd 99 102
Rrwin, pfd be 104'
Fureka - 100
reposition 20
Fairfield, pfd 95
Florence 131
Fountain. N. C. .. .. .. .. .. b&
Oafriiey Mfg Co 91
Oast tin . . Hi
Has ton la ... .', '...'.
Gilison 97 98
(Buck .. 97
(Pen l.owcry, Com .. .. ..101 101
(lion Lowcry. pfd 100
STATEMENT FROM
COL. J. R. YOUNG-.
State Insurance Commissioner J. R.
Young has just issued an official
statement of the action taken af the
meeting of the North Carolina Policy
holders' Association in this city Oc
tober I S, when it was decided that it
was for the best interest of tho poli
cyholders in the New York Life In
surance Company to support the "ad
ministration ticket" as against the
"international ticket," and for the
policyholders in the Mutual Life of
New York to support a ticket made
up from the administration and in
ternational tickets with the "McCur
dy men" eliminated. The policy
holders' committee, composed of
Commissioner Young, F. H. Rttsbee
and .1. H. Pott, will get together as
many proxies as possible to vote in
accordance with the action of the
association at the New York meeting
December IS to elect directors for the
two companies.
BANANA CROP
ALMOST RUINED.
(By the Associated Press.)
Boston, Mass., Oct. 24. The United
Fruit Company's steamer Limon which
arrived here today from Port Limon
Costa Bica. reports that Bluefields, one
of the most prosperous towns of Nicar
agua, was in ruins and that all the
banana plantations had been destroyed.
Little Corn Island, off Nicaragua,
Captain Porter of the steamer reports.
Showed no sisns of life when the Li
mon passed but contrary to published
reports from Costa Rica appeared to
have escaped damage of any conse
quence. Money for New Orleans.
(By tho Associated Press.)
Now York, Oct. 244. The sub
treasury today transferred $450,000
to New Orleans. Tho New York
branch of the Hank of Montreal re
ceived $1,000,000 gold coin from
Canada.
PROTEST BY THE
TRUCK GROWERS
(I3y the Associated Press.)
Norfolk, Va., Oct. 24. The Southern
Pnxluee Exchange, composed of the
leading truck growers in tidewater Vir
ginia, in annual session here today dis
approved the opening of the produce
docks in New York at 7 a. in. instead
of 5 a. in. and took steps urging a con
tinuance of th" 5 a. m. opening.
As the result of the scarcity of labor
In this vast trucking licit, the farmers
named a committee to devise ways and
means for the better enforcement of
the Virginia, statutes which provide for
the Jailing of idlers w
to be had and they v
This is intended to h
di Iving idlers in the i
n the
I not
e Is work
iccept it
effect of
ell as me
country to work.
Steps looking to the actual establish
ment of a proposed agricultural exper
iment station on the Diamond Springs
Farm, in Prince.1'.- A county, Va..
was taken. Henry Kim was re-elected
president of tic exchange. He is the
wealthiest trucker in Virginia.
D00 SAUSAGE IS
EATEN GENERALLY
(By the Assn. !.
Berlin, Oct. 24. Thi
respondencc Maga.i,:'
Ihe official returns
houses of Prussia fin
slaughterings of dogs
ed thirty-three percci
horses nineteen percei
of 1904, the total nuin
in 1906 being 1,568 an
horses 81.312. These
ut illzod by those vv.lio
the opening of the fri
portatlon of foivign i
ing the necessity to:
eminent action towan
ed Press.)
Statistical Cor-
initlyislng today
Me slaughter
15; ll fids that the
or food increas
ainl that: of
over 1 he flguri s
ih-' number of
triittstli n will he
He agitating for
iliors to the hu
ll le. as Indieat-
immediate gov
I giving the work
food, i 'liancellov
i considering the
past.
ing people cheaper
Von Huelow has In i
subject for some tim
SEVERAL PAPERS
BY INSURANCE MEN
(My the Associated Press.)
St. Louis. Mo.. Dei. 24. The second
days session of the annual convention
of the national association of life un
derwriters was opened today with an
address by Mr. E. K. Khodes, of New
ark, N. J. on the topic "Problems of
Insurance Law.
After the appointment of the nomi
nating committee an address was de
livered by Hon. Frederick H. Nash,
former deputy attorney general of
Massachusetts on the subject of "Ex
perimental Insurance Legislation."
A report of the executive committee
containing reeonmiemlations relative
to the punishment and maintenance of
an official organization under the sup
orvlson of L. V. Ha minis, of New York,
was adopted, the convention then ad
journed until tomorrow morning.
McIVER MEMORIAL
ON NOVEMBER 20.
(Special to The Evening Times.)
Greensboro, X. October 24. It was
decided today t" hold the memorial
services in memory of President Mc
Iver in this citv on November 20. Ad
dresses will In delivered by President
Alderman of the I'nlversity of Virginia,
and Wallace llitltrlek. secretary of Ihe
general educational board of New York.
Other address:"- il he made by former
Governors Aycoivk and Jarvis. Presi
dents Veiiijble, Winston, and others.
f)n that occasion the board of direct
ors will elect Dr. Mclver's successor.
Sale of Valuable City Property;.
By virtue of the iiowers contained
in a Judgment of the Superior Court
of Wake County. North Carolina,
entered on the L'nd day of July,
1U0U, in a special proceeding therein
pending; entitled Mary C. Walker et
als, ex parte, and being .No. 1311),
Bpeciaj Proceeding Docket of said
Court, 1 will offer for sale at public
outcry, to the highest bidder for
cash, at the Court House door in the
City of Raleigh, N. C, on Monda-,
tho 1!lth day of November, 1.900, tho
following described lots of land, co
wit: Two certain lots of land in the
Northeastern portion of th3 City of
Raleigh, North Carolina, being
known as lots Xos. G and 13 of
Block 4 in the addition to the City
of Raleigh, known as Idlevvild, as
surveyed and mapped by A. W. Shaf
fer, which map is recorded In ihe
oillce of the Itegister of Deeds lor
Wake County, in Book 112, at page
41!, and is hereto referred. Said
lots are more particularly described
as follows: Lot No. 5, of Block 4,
situated on the Kast side of Seawell
Avenue, being a parallellogram in
shape, fronting 52 feet on said
Avenue and running back East 200
feet to an alley, bounded on tho
North by lot No. 13, and on the
South by Lot No. 7, in said Block 4.
Lot No. le. of Block 4, situated on
the East side of Seawell Avenue, be
ing a parallellogram in shape, front
ing 52 feet on said Avenue, run
ning back East 200 feet to an alloy,
bounded on the North by Lot No. 11
and on the South by Lot No. 15, in
said Block 4.
WILLIAM B. JONES, '
Commissioner.
This 111th day of October, laoc.
A brilliant conversationalist who occa
sionally shaves and cuts hair?
THAT'S A BARBER!
Just keep him busy by fiilin ; his mouth
with good bread made of g tod flour
that's PATAP5CO!
mm
tjj :''?) G'v J (Gi
"le B
liter flie grade,
1
Tne
:0:
This molto will apply to our entire sti ck.
We are slioivirw, some superior qualities i:j Dress
2, ."(, T5c a id Sil.OO ihe yard.
We are i-vlliiiK the I'.iKiotis "Pine Tree" Silks in fi.'S-iucli
widihs at $1.(W), $l.l!5 and ijii .."(!. They are the very best quali
ties in the city lor the money.
You will Hud our Shoe Department a very interesting one.
No old stork to show you -.11 fresh, new Roods. Ladies' goods,
at ffrSO, $2.)i $2.30 and $;).0D. le's goods, $!.."(, ijili.OO,
(g)
i
()
)
I G)
i
jjta.oO and $3.30. Aliases', Hoys' am) Children's Shoes at all feh
prices. Only ''Good Shoes" will be found here.
Come and see the "New Store." p2
WALTER W00LLC0TT,
12 East Martin Street. f-V
to)
n
DU5INE5S WAGONS
SOLD AND GUARANTEED BY
J. W. BARBER SON.
r
THE CITIZENS
RALEIGH, N. C.
A Bank with a Million and a half Dollars of Assets, enjoy
in?; the confidence of its patrons and the public, doing a gen
eral Banking Business, paying no interest on deposits, but
extending to its customers every nccommodat'on 'he'ir )"isi
ncss and balances justify. New businesl f dK.ieS.
The collector of items ot North Carolina is given espueiaJ
care and attention.
CAPITAL $100,000.00
Sl'Rl'Ll'S 100,000.00
JOSEPH G. BROWN. President.
We invite inspection of our new Safe Deposit Boxes
in our Fire and Burglar Proof Safe.
The best investment a man can make in to place his
valuable papers in a safe place, where the cost is only a
ifew cents a month.
COMMERCIAL AND FARMERS BANK,
RALEIGH, N". O.
NOT PAY INTEREST ON REPPOTTS
3. 3. THOMAS, President B. 8. .TERM AN,, Cashier
A. A. THOMPSON, Vlco President H. W. JACKSON, Assistant Cashier
igger the Trade."
Goods at
(go
?UAREI
i.
NATIONAL BANK
. t2l :- IPZ
II LORY K. lilTCRFOIlP. CMliler.
The fact White House
is better everyway than
any other Kind of COF
FEE is the reason why
you will like White
House the best. Better
try White House Coffee
next time. Make it right
and note how fragrant
and delicious.
DELICIOUS); FOR.
BREAKFAST.
'!3il
N. C.
HAMS - -
A genuine Country
Product, rightly
cured, s -veet, juicy
Palatable.
J. R. FERRALL & CO.
i.KADixn (; nor Kits.
15 he
NAPOLEONS
FINANCE.
would never Imve a chance to acquire
great wealth but for that hard-earned
first thousand that gave them a
chance. It doesn't lake long if you
start an account here and keep the
receiving teller busy adding- small
sums to it.
Banking by mail is safe as well as
practicable.
We pay four per cent to depositors.
Carolina Trust Comp'y
FAYETTEVIIiLK STREET,
RALEIGH, N. C.
till
STUDIO
Ruth Frances Pope
CHINA
and
WATER COLOR specialty,
promptly filled.
Orders
THE WORLD'S STANDARD
KIMBALL
PIANOS
AND
ORGANS
Our small payment plan makes buy
ing easy. Buy from factory and save
$50 to $100.
W. W. KIMBALL CO.
GEO. H. SINGLETON,
Factory Representative,
Raleigh, N. C.
YOU GET MORE
AT LESS OOSTI
Alter having carried one
of our Premium Dividend
Policies n certain length of
lime than under any other
plan of insurance known.
If you realize, as nearly
every one does, the value of
accident and health insur
ance, better let us call and
explain this novel form of
protection. It will at least
interest you, even if you
don't buy.
57e
Pennsylvania Casualty Go.
HUNTER & DREWRY,
STATE AGENTS',
RALEIGH, N. C.
High Grade Investments.
North Carolina State Bonds.
North Carolina Eailroad
Stock.
(5 and 7 Per Cent Preferred
Stocks.
f and 6 Per Cent Mortgage
Loans.
Southern Mill Stocks and
Bonds.
F. Ot. ABBOTT & CO.,
Charlotte, N. C.
Hubbard Bros. & Co.
HANOVER SQUARE, NEW YORK.
MEMBERS OF New York Cotton Ex
change, New Orleans Cotton Ex
change, Associate Members Liver
pool Cotton Association.
ORDERS SOLICITED For the pur
chase and sale of cotton for future
delivery. Correspondence Invited.
j INSURANCE j
1