Hew Exceptions Caused by
Traders' Realizing i
THE MARKET NARROW
The Business Was Smaller Than Has
Been the Case, in Some Days
Reactions Followed Gains at Open
ing, and a Number of Stocks
Shared in Losses.
ftllON SCHOOL PRIZE
. i .1 , . ...... . , . , ..... . . , .1 ..... . 1 i - - il.natlil II tTUffl rMfll l r .: ,1 f. rr J71-t-
nnirrp thai hi 4?f th? mr, ui w-mm
UUII V ItlllH rhnn '-xpect(i -and. T!nrta that hifehW
II 1 1 1 1 1 1 II Mill tt 1 grades were commanding big Jfcrtm-fW
UPWARD COURSE
THE RALEIGH EVENING TIMES? BAtlKDAY, JJECJEIBER 19pq.,
(By the Associated Press.)
New York, Dec. 15. Opening prices
of stocks took the upward course for
the most part, although there were a
few declines on realizing. Canadian
Pacific was down 5-8 and Northern Pa
cific a smaH fraction. The latter stock
rallied to more than a point over last
night. Great Northern preferred "and
St. Paul rose a point arid Great Britain
Ore certificates 1. The volume of
business was limited.
A few reactions occurred In
the . course of the first hour,
especially the loss of the one
point rise In St. Paul and a decline of
2 in Canadian Pacific. Some Irregular
fluctuations were made by the Hill se
curities, but the general movement of
the tnaiket was narrow and the busi
ness smaller than in sotie days. North
ern Pacific gained 2, Great Northern
preferred 1, Reading 1 5-8, St. Paul
preferred 1, Delaware & Hudson 1 1-4,
Union Pacific, Minneapolis, St. Paul &
Sault Ste Marie, and Duluth, South
Shore and Atlantic preferred 1. Buf
falo, Rochester & Pittsburg sold 6
lower and Kansas & Texas and Smelt
ing preferred 1.
The marke t closed strong with a ral
ly. There were a number of additional
gains pending the appearance of the
bank statement. The bank statement
was better than expected, and slbme
profit-taking followed its publication,
St. Paul falling 1 1-8, Northern Pacific
and Tenrressee Coal rose 3, Great North
ern preferred and " People's Gas 2'A,
'Tnion Pacific 1 5-8, Chesapeake & Ohio
1 1-4 and the Kansas City 'Southern
stocks, St. Louis Southwestern pre
ferred. General Electric and Westing
houso Electric 1. The decline in Buf
falo, Rochester & Pittsburg touched X,
National Railroad of Mexico preferred,
Pittsburg, C. C. & St. Louis, .North
western, Nashville, Chattanooga & St.
Louis 1.
New York Closing Stock List.
Atchison 104
Atchison prf .'. ..102
Baltimore "& Ohio 118
Canadian Pacific ..199
Chicago & Northwestern.. .. .. ..205
Chicago & Northwestern pref...
Colorado Southern'
Denver & Rio Grande.. .. .. ..
Denver & Rio Grande pref
Erie
Illinois Central..-
Louisville & Nashville
Manhattan L
Metropolitan Street Railway ..
Mexican Central
Missouri Pacific'
New York Central
Pennsylvania
Reading
Rock Island
Rock Island pref. .. .. .. .. .. .
St. Paul
.Southern Pacific
Southern Hallway
Southern Railway pref
Union Pacific
Union Pacific pref .
Wabash . .
Wisconsin Central
Northern Pacific
Great Northern, pref .
Interborough-Metropolitan .. ..
Interlxrrouglr-Metfopolitan pref.
Atlantic Coast Line
..230
.. 37
.. 42
.. 85
.. 44
..174
..147',6
.. 2S4
.. 94
..131
..138
..147
ii 30
.-. 8694
..MG'.i
.. Mtt
:. 34
.. 94
..186
.. 03U
.. 19 'j
.. 2514
..21214
..212
.. scy
.. 74 14
vt the more.' bullish wek-end. figure
Ifhnn 'eYofcrtnd 'nl rptwirlH "th:i hith
.i . ..... i . ' , i ?AJS
lums in the south. Covering in fact
seemed the chief source of support, and
the offerings by Wall street bears, and
selling by one or two commission
houses with southern connections, were
sufficient to offset this, which the re
sult that the. market ruled barely steady
during the early session, at prices a lit
tle under the initial figures.
Cotton futures opened steady, Decem
ber, 9.30 bid; January, 9.41; March, 9.61;
May, 9.76; June, offered 9.83; July, 9.86;
August, 9.71; October, 9.45-48.
Cotton futures closed steady. Clos
ing bids: December, 9.30; January,
9.38; February, 9.4:); March, 0.63; April,
9.69; May, 9.78; June, 9.83; July, 9.89;
August, 9.72.
Spot closed steady, 10 points higher;
mjddling uplands, 10.55; middling gulf,
I". so; sales, none.
Estimated receipts at the ports today
were 60,000 bales, against 61,425 last
Ci.L- nnl M Insr vcar 15V.I Ihe'
week 390,000 bales, against 416,161 last
week and 241,773 lust year. Today's re
ceipts at New Orleans 17,264 bales,
against 6, 436 last year, and at Houston
19,839 bales, against 4,306 last year.
For Greatest Improvement
During Last Year .
Offered by Woman's Ih-trcrim-nt As
sociation presented by Miss Ada
V. Womble of Raleigh High School.
Received for School by Mrs. Ad-rock-j-TeacJiers
Getting First
Grade- Certificates.
Yester
day's Open. Close. Close.
December .... t.30 9.30 9.19
January 9.41 9.38 9.32
February 9.49 9.41
March 9.61 9.63 9.52
April 9.69 9.60
May ; 9.76 9.78 9.70
June 9.83 9.83 9.75
July 9.86 9.89 9.81
August 9.71 9.72 9.61
Liverpool Cotton Market. .
(By the Associated rress.)
Liverpool, Dec. ' 15. Cotton
Moderate business done; prices 7
points lower; American middling
fair, 6.40; good middling, 5.88; mid
dling, 5.72;' low middling, 5.54; good
ordinary, 5.14; ordinary, 4.90.
The sales of the day were 6,000
bales, of which 500 wer for specula
tion and export, and included 5,400
American. Receipts 4,000 hades, in
cluding 1,000 American.
Futures opened quiet and steady
and closed firm; December, 5.44; December-January,
5.41; January
February, 5.40; February-March,
5.40 ft; March-April, 5.41; April
May, .5.43; May-June, 5.45; June
July, 5.46; July-August, 5.48; August-September,
5.4 2; September-
October, 5.35; October-November,
29.
Raleigh Cotton Market.
(Reported by Charles E. Johnson &
Company.)
Good common, 10c.
' Storm cotton. 8Sc.
Receipts today, 00 bales.
' Chicago Grain Market.
(By the Associated Press.)
Chicago, Dec. 15. Wheat today
opened easier on selling by pit trad
ers. The market as a whole was in
clined to be quiet, there being no
news of consequence tp influence
trading. Liverpool cables were re
ported a shade easier. May opened
unchanged to c. lower, at 78
78 to 78, and sold at 78.
The market was weak all day. The
low point for the May option was
78. The close was weak with May
c. lower, at 7878.
An expected increase in the crop
movement sent May corn off to 43.
Prices ruled weak all day. The
lew point for the May option was
43 Vi- The close was weaw with
May off c., at 4343.
In sympathy with wheat and corn
.May oats eased off to 35 Co; 36.
January provisions opened firm;
lard at 8.70; ribs at 8.52. There
was no quotations on pork.
136
Chesapeake Ohio 57
Nor folk & Western 91
Miscellaneous.
Amalgamated Copper 114
American Car & Foundry 43
American Locomotive 73
American Smelting.. .. .. .. .. ..151
American Smelting pref 115
Brooklyn Rapid Transit 81
Cojbrado Fuel St Iron .. .. 56
International Paper . , 18
National Biscuit 774
National Lead 73
Northern Securities -
Pacific Mail .. i. . 38
People's Gas 97
Pressed Steel Car 54
Pullman Palace Car 182
Standard Oil 530
Sugar 134
Tennessee Coal & Iron 160
United States Steel
United States Steel bref... .
Western Union ,
Maukay Co.'s
.MitcKay Co.'s pref
American Cotton Oil .. .. .
American Tobacco prof. .. .
American Tobacco 4's
American Tobacco 6's
Sloss-Shef field 77
Virginia-Carolina Chemical .. 38
Va.-Carollna Chemical pref 108
American Woolen.. -.33
American Woolen pref .. ..102
.. 49
. . 105
.. 85
.. 71
.. 67
.. 90
.. 98J
New York Cotton Market.
(By the Associated) Press.)
New York, Dec. 15. The cotton mar
ket opened steady at an advance of 5
fl points which was rather an indiffer
ent response to the cables. Trading was
quiet and demand Vas light in Bplte
"WHEN YOU WANT THE BEST
HAMS TO BOIL BUY
SHAFERS
AT ALL GROCERS."
At Wilbon last night there was an
entertainment in the school house, at
which Miss j.u V. Womble of the Ra
leigh High School presented a Web
ster's Unabridged Dictionary and a
prize given by the Woman's Better
ment Association to the school showing
the greatest Improvement (lining the
year in "building and gr ounds.
It was received for the school by Mis.
Adeqck, president of the local chapter
of ttiy Woman's Betterment Associa
tion'. Supt. Z. V. Judd of the county schools
spoke on "Some Elements of Great
ness." After the exercises were over an
oyster supper was served from the
cook rooms, and from a booth in an
other corner of the building fruit and
conf ectlonaries were sold. The school
realized about $25 clear profit. . This
money will be used to help pay for the
handsome piano that Iras recently been
put. In the school building.
One of the things of greatest amuse
ment during the evening was the auc
tioneering of the girls for supper. A
large; crowd was in attendance, and
gave evidence of its enjoyment of the
occasion by the reluctance with which
all departed for home, leaving about 12
o'clock.
Supt. Judd was presented with a
large, fine cake by Mrs. D. T. Adams.
The teachers at Wilbon are Mr. John
Utley and Miss Mamie Burt. They have
given evidence of their efficiency as
teachers by the interest and enthusiasm
which they have awakened in the com
munity as well as in the School room
itself.
The following white teachers received
first grade certificates as a result of the
examination held on December 6:
Messrs. N. L. and W. o. Beuzley,
Sparta, Va.; Miss Mamie Hurt, Hol
ly Springs; Miss Mary A. Craig, Stan
ton, Va. ; Mrs. Mjiry P. Copper, Willow
Springs, R. F. D. No. 1; Miss Vcrnia
England. Raleigh, It. F. D. No. 5; Mr.
Will J. Francis, Clayton, R. F. D. No.
3; Miss Sankie Gilbert, New Hill, R.
F. D. No. 1; Miss Clyde Holt. Holly
Sinlngs; Miss Lillian Markham, Apex,
R. F. D. No. 5; Mr. Kenneth A. Mc
Intyie, Wendell; Mr. H. J. Sorrel 1, ita
leigh, R. F. D. No. 6; Miss Edith Tay
lor, Wake Forest; Mr. E. Walton, Mor-risville.
uur
Drug
Store
Will Be
Closed
Tomorrow.
TUCKER
DRUG CO.
r
... . HOTEL
ST. DENIS
0
WILLIAM
W00LLC0TT
0:
311 and 313 Faycttcville Street
:0:
00000
3
WE WlL
BE CLOSED
SUNDAY.
HIlOAlriVAV ANt) 1ITH ST.
NEW YORK CITY,
Within Easy Access of Every
Point of Interest. Hull' Block
from Wanaitraker's. 5 minutes'
walk of Shopping District.
NOTED FOR: Excellence of
Cuisine, Coinfortablo Appoint
ment. Courteous Service and
Homelike Surrounding.-;.
Radius 91.136 Per Hay and Pp
EUROPEAN PLAN.
Table d'Motc Breakfast 30c.
VM. TAYLOR & SOX, Inc.
ALSO
HOTEL MARTINIQUE,
Broadway and 33d Street.
Competent, painstaking
prescrlptionisis lo carry
out the doctor's orders.
HICKS'
Drug Stores
1!
111
I Utl
u II
fit Presic
J Raleigh
mmt m mm
Gifts
:0:-
chic-mo Live Stock Market.
(By the Associated Press.)
Chicago, Dec. 15. Cattle Esti
mated receipts 300; market steady.
Beeves 4.10(g) 7.30; cows and heifers
1.55 (a 3.20; stockers and feeders
2.40 4.50; ' Texans 3.754.60;
westerns 3.90fi 5.75; calves 6.00(Li
8.75. . .
Hogs Estimated receipts 11,000;
market strong to 5c. higher. Mixed
and butchers.5.956.25; good heavy
e.l56.27V; rough heavy 5.75
5.95; light 5.85 6.20; pigs 5.40
6.15; bulk of sales 6.05 6.20.
Sheep Estimated ;reewiits 2,000;
markt steady; sheep 3.755.70;
lambs 4.60 7.90.
NVw Ifork Provision Market.
(By the Associated Press.-)
i New York. Bee. 15. Flour steady but
dull; Minnesota patents, 4.104.4O; do
bikers, 3.40if)3.80; winter straights, 3.50
(fi)S.GO; do extras, 2.90r3.10; do patents,
8,76(94.06; do low grades, 2.80ffy3.05.
Wheat irregular;. December 80 5-8
May, 84 l-16l-4 ; !'. 83 ;l-4S3-8.
Rye steady; No. 2 western, 6i.
I Corn receipts market dull; without
u aujiHcuons.
Beef Arm; family, 13.50ai4.00; mess,
8.0O5.OO; packet, 10.60?11.00.
Pork steady; mess, n.fiOt&as.nO;- fam
ily, 19.00; short clear, 17.5019.0.
Lard firm; prime western steam,
6.006.10.
Sugar raw, steady; fair refining,
3 5-1633 1J-32; centrifugal, 3 13-16
3 27-32; molasses sugar, i 1-163 31-3i;
refined .steady; crushed, 5. BO; powder
ed, 4.90; granulated, 4.80.
Coffee steady; No. 7 Rio, 7.
Molasses steady; New Orleans, 3748
Butter firm; official price renovated,
common to extra, 1824W;. . '
Cheese firm and unchanged.
Eggs weak; state nearby selected,
3840; do choice, 3537; do mixed ex
tra, 3335; western average prime,
. New York Money Market.
(By the Associated Press.)
New York, Dec. 15. Call loans
nominal; no loans. Time loans dull
and strong; 60 days, H: 90 Jays,
8 per cent; six months, G to 7 per
cent.
Closer -Prime mercantile paper 6
6 per cent; sterling exchange
steady with actual business in bank
ers bills at 483.35 483.40 for de
mand and at 478.50 for sixty day
bills. Posted rates 479 480 and
481(& 485. Commercial bills 478
((V Vi ; bar silver 69. Mexican dollars
53. Government bonds steady.
Railroad bonds firm.
Weekly Rank Statement.
(By the Associated Press.)
New York, Dec. 15. The state
ment of clearing house banks for
the week shows fhat the banks hold
$1,699,050 less than tile legal re
serve requirements. This is a de
crease in the deficit of $5,003,125 as
compared with last. week. The state
ment follows:
Loans Sl.,027,666,3000,
$17,002,500.
Deposits $967,061,400,
$15,116,100.
Circulation $53,551,100
$189,800.
tenders $68,126,200
238,900.
$171,940,100, decrease
WE AR.E
in
1
decrease
decrease
decreij.se
in-
Legal
crease $1
Specie
$14,800.
Reserve
$1,224,100.
Reserve required $241,765,350
decrease $3,779,025.
Deficit $1,699,050,
003,125.
Ex-U. S. deposits
$240,066,300, increase
decrease $5,
(surplus) $2,
110,450, increase $5243,000.
The Poultry Market.
New York, Dec. 15. Poultry alive
and steady; western Chickens, 10; fowls
11; turkeys, 14; dressed, firm; western
chickens, 1314; turkeys. 1519; fowls,
8184.
Hubbard's Cotton Letter.
(Special to The Evening Times.)
New York, Doc. 15. The market' for
the day was wholly without feature,
the narrow business being of an even
ing up nature of better pritves, due to
the improvement In Liverpool. .With
the trade unwilling to take a decided
stand", prices fluctuated within narrow
limits, operators In the meanwhile be
cnrrlrfg used to the new '(dan values
called by the recent government esti
mate. HUBBARD BROS. & CO.
DEFICIT SHOWN BY
BANK STATEMENT,
(By the Associated Press.)
New York, Dec. 15. The bank state
ment today shows a deficit of $1,699,050.
The surplus exclusive of United
States deposits af . $2,110,450 this week
compares with a deficit last week of
$3,132,550. ,
KINS-CROWELL
. DRUG GO.
A thorough,
advanced
progresssive,
select school.
Send for free
catalog now.
It will soon
be full.
Address,
JAMES DINWIDDIE
The useful things are apprecia
ted most at Christmas the things
that are serviceable. We are well
prepared to fill your wants in this
line. Our stock is all new and you
will appreciate looking over the
numerous things that we are show-in?!.
GLOVES.
UMBRELLA?,
ident, I
h. n. c. 1
When wo say
wo have the
largest wood
heater for
?1.50 in Ra
leigh we mean
every word of
It. These heat
ers are lined j Jj
vt i t h sheet j
steel, have j
cast iron legs, ;1
are absolutely
air-tight draft; IS
larger o'rjffniffg 1 r
for wood in P
top than :myiJ
other stove. P
HOSIERY. HANDKERCHIEFS
ES,
TOWELS, TABLE COVERS,
! FURS, BELTS, BELT BUCKLES, COMBS,
! SWEATERS
: And lots of other things too nu
) merous to mention.
:0:
! William Woollcott.
Made by Union Labor
BESS
CHRISTMAS
BOOKS
IteU 'Phone No. lU.'SI.
R.E. LUMSDEN & SONS!
KASf HAIKJKTT STltlOllT.
THERE ARE ONLY
Hi
To our Safe Deposit Boxes one for
you and one for liic hank therefore,
there is no danger of any one gelUng
In ihe box where you have your valu
ables deposiled. Why not rent a
Safe Deposit Box to keep your insur
ance policies, deeds, mortgages, jew
elry and other Valuables? We rent
We have tills year a large and well
selected steel; of Christmas Books for
all. You will 'cave to see the stock
to appreciate the extent of the dis
play. All (ire invited to call. Mail
orders wfli have our careful atten
tion. Our Mo ': of Children's Books' .. ' f
is unusually large and,variea Maga- LarOllna I NISI LOITip y
zine oiler, one year each World s
(0
A
u
a
A
in
en
A
H
tnsi
i
Mi
(0
9
CD
9
O
t
P
0
koi.-- i., ...... ii Tt',., . .
Cigarettes That Satisfy.
NOW FOILED WRAPPED.
Work, McCliirc's, Delineator $3.50. i
FA VKT XRVUiLK STIUCHT,
Alfred Williams & Go
STOCKS AND BONDS
FOR SALE.
10,000 N. C. 4 s, 19K), . . .103
0$ Neuse River Mill. . S&
D,000 Hope. Mill Bonds. .100
25 to 50 Irwin Preferred,
I J05ya.
SOllichland Park Preferred.
101 and interest.
100 Am. Warehouse Pre
ferred, 96.
F. C. ABBOTT & CO.,
Charlotte, N. C.
Holidays at New Orleans.
By the Associated Press.
New Orleans, La., Dec. 15. The
board of directors by resolution
adopted yesterday decided there
should be no sessions of the New
Orleans Cotton Exchange on Decem
ber 22, 24, 25, 26 and 3t and on
January 1, 1907.
By starting a savings account in the
Mechanics Dinre Savings Bank. It
allows 4 per cent interest, lly so
doing, you encourage thrift. The
more you save, the more you earn.
Your savings account is respectfully
solicited. Every courtesy extended
to our depositors.
Mechanics'
Dime Saving Bank
Hubbard Bros. Co.
HANOVER SQUARE, NEW YORK.
MEMBERS OP New York Cotton Ex
change, New Orleans Cotton Ex
change, Associate Members Liver
pool Cotton Association.
ORDERS SOLICITEDJ-Tor the pur
chase and Bale of cotton for future
delivery. Correspondence invited.
EUREKA LAUNDRY.
QUICK AND
RELIABLE SERVICE
i I
ALL PHONES
THE STRONGEST,
i SOUNDEST AND
BEST SELECTED.
I
BILLY TAYLOR, Manager.
Always here . for. the person want
ing a square deal.