-4 - I - DAILY OHARIiOTTff OBSERVES, MAT 0, 1897. ed L a o O a 4 or aft 9 a a t a Whitin Machine Works, I WbltinaVillo, ?Xass CARDS, DRAWING, IPOOI.EH8, BEEU, SPINNIHG, TWISTERS, QTJTLXBRa, LOOMg. , 11 ,L STUAIT XV. CRAMBR, 38 (South Tryon St., Charlotte, JV. C Is often by overheat. value your cups - J i J out of boiling water. This famous preparation will make every- ( i ic thing clean, without GOLD WASHING is sure and harmless house cleaning. The jnoi-l econom ical method of cleaning you can employ. Made only by The N. K. Fairbank Company , Chicago, HL. Ixui Boetou, Phihuulpln- THE CHARLOTTE SUPPLY CO., MANUFACTURERS OF Pure Oak Tanned Leather Belting and Dealers in Cotton Mill and Machine Shop Supplies. Arlington Hotel. CENTRALLY LOCATED NEAR POSTOFFICE CHARLOTTE, N. C. Under new and permanent management Sixty elegantly furnished rooms. All modern improvements. Table equal to any In the city. Rates: $1.50, $2.00 and $2.50 per day. W. F. BUCHANAN, owner and Proprietor. WHEN YOU WANT Watches, Diamonds, Jen-elry, Speo. tacles. Clocks, Art China. Cut Glass. Silverware. Belts, Pocket Books and novelties in up-to-dato designs and low prices. I lead ths market. Tour watch cleaned $1. mainspring $1, rystal 10 cents. Workmanship un equaled in the city. Call and be convinced. JOHN FARRIOR. S. A. L and Southern Watch Inspector. FIRST CLASS Merchant - Tailoring I keep the most reliable goods and make them to measure In the very best manner by thoroughly skilled workmen here in Charlotte. Price guaranteed to be as low as the same class of goods and -work can be had elsewhere. J. S. PHILLIPS, MERCHANT TAILOR. No. 31 South Tryon StrseU ICE. ICE. Siaodatd Ice and Fuel Company. PURE CRYSTAL ICE MADE FROM DISTILLED WATER. Our factory has track connections with all the railroads, which enables us to load cars without exposing ice to sun or air, thus avoiding heavy loss from leakage. Ice shipped in any quantity from sack to carload, and loaded di rect from the bath. Satisfaction gives in weight, quantity, etc. Standard Ice and Fuel Co. A. J. HAGOOD. Manager. The D. A. Tompkins Co. CHARLOTTE, N. C. Electric Light Plants, Automatic Sprinklers, Steam Heating, Top Rolls Covered, Cotton Mill Repairs, Fire Protection VOTICE TO CONTRACTORS. 8 ' X, bids will be received for the ere-- 5f the A. R. P. church at Rock Hll . J.C-. until noon of May 9th. Plans and' j eclfications can lie seen at the of. floe:' of Dr. I. Simpson, at Rock HilL or Chaa C. Hook. Charlotte. N. C Cotitractsrs must be able t file satis factory bond. The right Is reserved to redect any and all bid. B a B Kitson Machine Co., Liocnell, fl- OPISEKS WITH i t.i LjZ.KS, BBKtKWUI, INTERMEDIATE AMD FrjtUHEB LAPPKR9, KIB8CHBBB OABDIHO BEATERS. caused As you and saucers, vyi , . , . .1 . V I . , . i - - - ... y x j. Warm water is 'VI A J the slightest damage. DUST POWDER in all departments of New Tii, . l"-: "MOTHERS' FRIEND" Shortens labor, lessens rain. diminishes danger to life of both mother and child aDd leave har in condi tion more favorable to speedy recovery. 'Stronger after than before confinement" says a prominent midwife. Is the bet rcmedv FOR RISING BREAST Known and worth the price for that alone. Endorsed and recommended by mid wived and all ladies who have used it. Beware of substitutes and imitations. Makes Ciiild-Birth Easy, Sent by Express or mall on receipt of price, SI. 00 per bottl. Book TO MOTHERS" mailed free, containing voluntary testimonials. BRADFIELD EEStTATOB CO.. ATLANTA, 6k. BOLD ET ALL DRUGGISTS. A System Builder Is needed by everyone at this L il "T 1 1 1 ot energy, and depressed, list less feeling which takes pos session of the system every Spring- is caused by a slug gish, impure condition of the blood. The blood needs cleansin - ifying so that the . effects of Spring will be obviated. A few bottles of S. S. S. Swill's Specific will prove the best system-builde- to be found. It will purify the blood, give tone to the stomach, renew the appe tite, and add strength and vigor to the entire body. Be ing purely vegetable it is the best tonic on the market, as it is the only blood remedy guaranteed to contain no ar senic, potash, mercury or other mineral ingredient. Every body knows how injurious these drugs are to the digestive organs. Insist on S. S. S. I There is Nothing: Half as Good I f KNOWN QUALITY : You are making no experi ment in buying a Crescent Bicycle. 56300 men, women and children bought Crescents in J895 ; 70,000 in 13. Owners of Crescents are all around you. Ask them about Crescent quality. They know how good it is. Crescent agents will explain the many im provements for 1897. Ve want yoa to ride a Crescent this year. WESTERN WHEEL WORKS, i Chicago New York Cwiatae Agents ccjf .liejc. Electrical Engineer and Contractor, Of fice In Runt Building. N. Tryon St CHARLOTTE. N. C Are and Incandescent lighting. Equip ping cotton mills with electric iiirht plants a specialty. Estimates furnished. on all kinds of electrical work. Call i hells, hotel enunclators, burglar alarms, j etc Correspondence solicited. i ill Far the ObMirer, 8LXEP. When sunlight fades, and dewy dark ness falls About as, and its mystery enthralls. We know 'tis but the shadow of God's wing. Where we are safe from every harm ful thing: And dropping all our cares we quiet rest, While Sleep, with soothing finger, gent, ly prest Upon the throbbing discord of .the heart, Surcease of sorrow doth to us impart. Aye, more; for by the magic wand of dreams. She fills our tired brains with restful gleams Of things that were, and those that ne'er can be. And in their light the happy soul can see Beyond the shadow cast by life's un rest. And lying safe beneath God's wing, and blest By Sleep, may gather strength to meet the day Come quickly then. O, N'ight and Sleep, we pray! O. H. May, 1897. EDUCATIONAL DEPARTMENT. LOCAL TAXATION. Those who are friends of education should not neg-lect the opportunity they have this year of creating sentiment in favor of local tax ation for schools. The election in Au gust in the various townships of the State on Oie question of local taxation for the puDlic schools will afford an oc casion to test the strength of the senti ment that favors longer and better schools. Those who favor the public fhools are the friends of humanity and S- od government. And this conscious ness alone should prompt them to do their all to carry the township elec tions on the question of an increase of school taxes. The old arguments against the public schools and public education will be made by those who oppose progress. But these arguments must be met by rhe friends of tlie schools. The oppo sition to the scheols is not founded on reason, and therefore cannot succeed in the end. An honest effort now will re sult in great good, and the occasion should be eagerly seized by all the friends of the schools to condutc a cam paign this summer which will result in bringing atxjut such a healthy senti ment In favor of increased taxes as will put North Carolina in the line of prog ress with other States. In my own county, which is one of the smallest in the-State, the voting of the lowest increase of school tax which can be levied under the new law would re sult in almost doubling the length of the public school term in every town ship in the county. In one township in this county there are 413 polls, which at 30 cents each would mean $123.90 add ed to the school fund. The property of this township is valued at $758,451 which at 10 cents on the $100 would mean $758.45 more for the schools. Add to these amounts $500 from the State and the school fund of the township would lie increased $1.3S2.35. The township in question had appro priated to it in 1M6 nearly $1,450, which kept open its schools 12 weeks. Thus it will be seen that the township under consideration would have its school term doubled in length by voting this slight increase of taxes. The burden of this tax in my town ship could be placed as follows: There are 122 persons paying on noth ing but a poll; 170 persons pay on less than $100 worth of property: 124 persons pav on between $100 and $200 worth of property: 51 persons lay cn between $2m and $300 worth; 31 persons pay on Let ween $300 and $400 worth; and 2S persons pay on between $400 and $500 worth. While 60 persons pay on between $500 and less than $1,000, there are only 131 persons who will pay on amounts Ijetween $1.0hi and $5,000, and only 22 persons will pay on $5,000 and over that amount The above- figures ought to convince anybody that this extra tax will burden nobody to any great extent, while at the same time this increase of the school tax will result in keeping open the s"hool of one township for at least six months of the year. I believe there are many townships in North Carolina which would be benefit ed as greatly by the levying of this ex tra tax. as the township in question. A CAMPAIGN FOR LOCAL TAX A TI N". It is evident that if the friends of the schools do not bestir themselves before the August election, there will be few townships found voting in favor of this extra tax. The most important step is to influence the election of good county boards of education in each county in the State. That is the first and most important step in thrs cam paign. In the next place, the friends of the schools should take great care to have selected five intelligent men In every township as committeemen. len der the new law, both these selections or appointments come off before the August election, which is to decide the question of local taxation. If the friends of the schols are not hampered by criticism of boards of education and the committeemen, the result will, no doubt, be materially changed in many instances. And again, those who favor cur pub lic schools should organize their forces in every township and have public meetings and conduct a campaign of edutation. If the result is not favor abb; to local taxation next August, still great good will come of it in the future. Such work now will only hasten the day when each township will vote local taxes to increase the school term of the public schools within its borders. Why not have in each county a mass meeting of the friends of education and the teachers and put the county cam paign for schools in the hands of a ooir.nvttee? Then let this committee or ganise each township and carry on the best fight it can for the schools. Men will be f und w ho will talk to the peo ple on this question and of the impor tance of elevating our schools. Very little money need be spent, for I believe the friends of the schools will gladly do what they can for the cause without pay. The elevation of the schools ought t i be enough reward for any true North Ciiclinian to work for this cause with all his might. I wish to call the atten tion of the teachers to the importance of uiscusslng the questions of Interest to the schools in the local papers. Not a discuss the battering of the schools in a week should be allowed to pass with out something on the new school law Is printed in the county papers of the State. I know the editors will take an interest in school matters and would only be too glad to have the teachers discuss the bettering of the schols in th columns of their papers. Will the teiu hers let this opportunity go by without making a heroic effort to carry the townships for this increased tax? It will be a sad day for North Carolina If they do. TEACHER. ITEMS OF 8TATK KKW9. Rev. E.W. Oakes, the evangelist, is holding a meeting in the Presbyterian church at Goldsboro. A company with a paid-up capital of $10,000 has been organized at High Point for the manufacture of tables. The dummy engine of the W. H. Cole Lumber Company, of Waynesville. ran away last Monday and killed the en gineer, George Schwartz. The Enterprise says a little child of Mr. Albert Hargrave. of High Point, sucked a bean into its wind-pipe last Wednesday and died in a few minutes. The Enterprise says that Mr. L.. J. Ingram, of High Point, has a cow that goes ahead of any in the neighborhood when "It comes to rich milk. He had some milk in a bowl one day last week from which the servant was to make whipped cream. In taking the bowl up it was accidentally shaken, when, lo! and behold, the milk had turned to pure butter. Oak Ride Win From Wiata. Special totbe Observer. Oak Ridge. May 8. Oak Ridge won from Winston Y. M- C. A. to-day by a score of 9 to L I FDUBCini RTATKKKXT. 1st the Buk Statemats KfTeota of the Heavy Imports Will B Felt gassier mw Later A Great Iaerease la the Dry Goods Basiaess. New York. May 8. The Financier says: The heavy decreases shown in the statement of the New York banks for the week ending May 8, reflect, in a be lated manner, the movement of gold to Europe during the last ten days. The withdrawal of legal tenders for gold export purposes is shown In the con traction of $6,688,200 in legal tender item. The differences between the nine millions actually withdrawn and the reported decrease, has been made up, apparently through the receipts of money from the interior. The total loss in cash during the week was $6,447,300, but it is noteworthy that the banks, while they have been losing legal ten ders, are gaining gold, the increase in the export movement aggregating 1500 000. The detailed statement shows that the legal tenders withdrawn by gold ex porters were furnished principally by the Hanover National, the National Bank of the Republic, the Park Na tional Bank, and one or two others of the large clearing house institutions. The gain in specie is distributed well throughout the list, but as usual, a very small percentage of the banks hold the greater part of the gold now in the clearing house vaults. The decrease of $911,600 in loans is a disappointing feature of the statement. It was brought about through liquidation in special accounts, as the demand from mercantile sources is stronger than one week ago. The operations noted result ed in a decrease of $6,562,600 in net de posits, and the reserve was reduced $4, 821.645, bringing the total to $44,095,975, which is lower than has been reported since January last. While the present rates for money continue low and have been scarcely affected by the recent gold withdrawals, it is worthy to men tion that the loans of New York banks are now $30,000,000 larger than for the corresponding week in 1896. The de posits, however, are $75,000,000 larger than at that time, and the excess re serve is $24,000,000 larger. The enormous volume of imports now pouring into this center will, without doubt, exer cise an influence on the market sooner or later. For the week ending May 8th. the total for dry goods and merchandise was nearly $18,500,000. an increase of $3,500,000 over the previous week and K largest, with the exception of 1872, in the history of the country. COMMCTtCEMENT. The State Norma and Indantrial College The commencement exercises of the State Normal and Industrial College have always been of a high order, full of interest, and helpful and inspiring to the large gatherings annually as sembled from the various portions of the State to enjoy them. Upon no occasion have the exercises been more interesting and appropriate than they will be this year, as the fol lowing programme will show: Saturday Night, May 1th. Alumnae meeting and reception by the factulty. Sunday, May loth. Commencement sermon, by Rev. Charles L. noffmann, of Charlotte. Tuesday Morning, May 18th. Address by Mr. Julian S. Carr on the Philan thropy of Dorothea L)lx. Address by Hon. J. L. M. Curry, gen eral agent o' the Peabody Fund. Tuesdaj- Night. Representative Se nior Essays. Wednesday Morning. May 19th. Me morial exercises relating to the life and services of Hon. S. M. Finger. Address by Mr. Walter H. Page, of the Atlantic Monthly. Presentation of Diplomas. Bibles, and Constitutions. Wednesday Night. Entertainment by the Adelphian and Cornelian Lit erary Societies. The Governor and Mrs. Russell will attend the commencement exercises, and Governor Russell will present the constitutions to ;he graduates on Wednesday. State Superintendent Mebane. cx-Om-cio president ot board o" directors, will be present and will participate in the exercises. Railroads will give special rates. THE BI-METALL1STH SAIL, Mr. Stevenson Doe Nat Anticipate Trouble in Getting Delegates to the Con ference. New York. May 8. Ex-Vice President Adlai E. Stevenson. Gen. C. J. Payne and United States Senator Edward O Wolcott. who were recently appointed by President McKinley as a commission to confer with the heads of European governments, relative to the holding of an international bi-metallic conference, sailed for Havre on French Liner La Touraine to-day. Before departure Mr. Stevenson said that the commission would go directly to Paris, and after conferring with the French govern ment, would visit London. Berlin. Vi enna, and the capitals of the other Eu rgpean governments. He expected that much good would be accomplished by the commission, and did not anticipate any trouble in inducing the govern ments to appoint delegates to the con templated conference. Tlie Difference. Wife Look here, John. I wish you'd hurry. You know I want to get out to show this $50 spring dress. Husband (meekly from within) Just a minute, my dear. I'll be ready as soon as I sew this patch on my last year's trouser's. FINANCIAL AND COHMEHCIAL. Cotton Market Continue to Improve Prices Advance. Special by Private Wire to Harrison Watts. New York, May 8. Cotton developed further strength to-day on futures in Liverpool closing 2 to 2Vs points higher, and the world's visible supply showing a decrease for the week of 129,345 bales, making the total amount now avail able 2.795,511 bales against 2,934,342 last year. There was not much pressure to sell, and moderate buying by traders, In the absence of offerings led to an ad vance of 2 to 3 points at the opening, and a subsequent improvement of 3 to 5 points additional. The market closed steady at about the best prices, at a net advance of 5 to 7 points. The trad ing was light throughout, and chiefly local. The total sales were 58.200 bales. It is thought the report will show less cotton planted than last year, with the season backward. It should, however. be remembered that since the 1st of May farmers have been pushing plant ing operations, and a great deal of the crop has come up under the fine weath er which prevailed since that time, and the stand of early plantings has been much improved. The fact that there has been a heavy fall in the waters in the flooded Mississippi Valley and that planting is progressing in many sec tions there should also be taken into consideration. E. B. CTJTHBERT & CO. The Two Opposing Forces of the Market Cotton Mint Go Higher. Special to the Observer. New York, May 8. A statistical posi tion s3 strong as to furnish a convinc ing argument in favor of higher prices to bulls and bears alike, and the prom ise is very distant, it is true, but also implicitly believed by the cotton trade of the world, of the production of a crop the like of which has never been seen, are the opposing forces in the cotton market at present. It must not be forgotten In weighing these facts that one of them is an existing condi tion, while all the contingencies of the season are against the raising of a monstrous crop. To-day the market showed more life and the week closes with the loss made in the early part of it substantially recovered. Liverpool advanced two and one-half sixty fourths thir morning. Our market opened a little higher, August selling on the first call at 7.43. The Chronicle report of the progress of the crop was rather favorable, but in spite of this the buyers outnumbered the sellers, and the market steadily improved all day. August advanced to 7.49 and closed at 7.48 to 7.49. with the tone of the market steady. The bureau report to be issued on, Monday will deal with the property of the crop planted up to the 1st of May. It will probably have little effect on the market either way. The strength of the statistical position is so pronounced as to almost entirely eliminate the Drobabilitv of an v considerable ihnrt interest being created in the summer months, and prices for them will prob ably closely reflect the shifting aspect of the dally spot demand. The short interest in the late months, however, is very large, and the first note of alarm about the growing It would, we think, udoubtedly be the signal for a rapid rise in the price of cotton. At the mo ment, all the Southern advices Indicate the prevalence of satisfactory condi tions. Until there is some positive sign of a refusal of consumers to continue talking actual cotton, we see no cause to modify our expectation of still high er prices. KIOKX7AN & CO. Improvement la the Wheat Market. By Private Wire to Thad B. Seigle, Mg'r. Chicago. May 8. Wheat opened strong and higher, and closed with Hie advance established. The bull points were sensational damage news from California and deterioration in winter wheat fields nearer home. Thoman's forecast of the government report In dicated a reduction of 10.000.000 bushels from last month's figures, and the state reports that are coming in would seem to bear out this estimate. The advance started some buying of May wheat, evi dently to cover Northwestern shorts. Cables also added strength by not re flecting our decline of yesterday. There was some liquidation of long wheat on the advance, but good buying orders were apparent every time the market sagged. The Northwestern news favor ed sellers and probably more perfect conditions never existed there at this season. The export and milling de mand cut no figure to-day. Statistical news on Monday will undoubtedly be bullish. Corn and oats firmed up in sympathy with wheat. A large line of corn was bought against weekly privileges. Provisions show better demand, and buying is led by leaders in the trade. Stock Market. By Associate Press. New York, May 8. Considerable over a fourth of the dealings on the stock exchange to-day were in Chicago Gas, and when the sales of Sugar were add ed about half of the total sales were ac counted for. The dealings in Chicago Gas consisted for the most part of quite heavy realizing sales, and the prices uttered accordingly, although there was some recuperative power in the stock. The loss amounted to 1 and an accompanying drive at a number of the specialties, which was well resisted in the case of railroads. New Jersey Cen tral was subjected to special pressure, and lost 1H- Sugar also rose 1. The losses were restricted to less Important fractions in other stocks. The history of the week as it refers to dealings in securities has been unusual ly barren of incidents. The unexpected reporting of the tariff bill to the Senate was accepted as a bull factor in the market. One or two securities showed loss of value on account of adverse pro visions in the amended bill, and others. notably Sugar, showed strength on ac count of advantageous provisions, thus sending a sympathetic stimulus through the market. The inferential deduction that the final enactment of the bill into law was nearer at hand than had been supposed encouraged professional trad ers to buy. reasoning from the Wall street standpoint that business im provement is waiting on the disposal by Congress of the tariff question. Deal ings on Tuesday, therefore, were ani mated and the general trend of prices upward were reports of the influential character of the opposition to some of the provisions of the bill caused a reac tin next day, the mercurial traders rushing to the opposite conclusion that there would probably be no tariff bill enacted at all. London paid little at tention to Amjerlcan securities one way or another all week,-except some light arbitrage operations. The price of Su gar, which touched 118 on- the an nouncement of the Senate committee's sugar schedule, reacted next day on the reports of opposition to that schedule, and had since shown some evidences of restraint, attributed to a politic purpose to prevent a too obvious response in the price to the benefits to accrue from the legislation. The former offer of inter vention by the powers in the Greece Turkish war has been accepted in Wall street as a beneficial factor in the out look, in accordance with the view re flected from the fwreign exchange. The subsidence of the war scare has left the wheat market comparatively strong, which is counted an additional benefit to the share market, especially the Grangers, as shown by the demand for them. The heaviest drag on the mar ket during the week has been the heav iness of the so-called Gould stocks. Mis souri Pacific touched 10, the lowest price on record, and Western Union 75Sfe. The recent eccentricities of the exchange, and the gold movement con tinue a puzzle to traders. The sales of the bills against this week's shipments, which aggregate $2,500,000. were made at the price of $4.87'4. or under, which is considerably below where any profit can be figured in the transaction. Sat urday's shipments came as a total sur prise and opinions differ widely as to w hether further shipments will be made next week. The low price of sterling exchange the rise in the Paris rate, the reduction in the price of bar gold and American eagles In London and the continued low rate of discount for money there all fhdicate the contrary. The outgoing gold movement has a de terrent effect on advances in prices, but the effect is largely sentimental, and no serious apprehensions are felt for the nation's supply of gold or for the effect on its currency. The total sales of stocks were 70,847 shares, including the following: American Sugar Refinery 11. 400; Chicago Gas Trust Receipts 21.900: St. Paul 5.100; New Jersey Central 3,100. The bond trading during the week lacked general feature and long trad ing mortgages, which, however, dis played a marked undertone of strength. Among the usually neglected Issues some noteworthy variations either way occurred with Missouri Pacific 5's mak ing an extreme break of 12, with a re covery of 24; St. Paul consols moved up 10 per cent. Business was very quiet, but the speculation showed quite a broadening tendency. CITY PRODUCE MARKET. Corrected Daily by Oeo. 8. Halt, Groceries. ana rroouce ieaier.; Apolas dried oaarter bright. nr right sliced SO 4 fan -y bright sliced exn 'T " Peaches un peeled halves, bright. Xt 5 " Deeed brleht SA 7 B'-ce berries dried K -ra flour sack 1 7SW 0" Family " " S Ooas 2 Hides dry per t 6 8 preen - 4Hb 9 Wool wash 1 Bscon hog round per pound 09& I ham IHSJi " sides a 7 shoulder Shift 6 Oats 32 pounds per bushel 884fl feas clay toaio " mixed 55&80 Meal bolted 44 pound per bushel 40&4S unnoiteo ts " " cztz urn old 96 oounds Der bushel iOBulB Onions aelect per bushel Kegs hen 10311 Wheat 86M Bye eoeeo Feathers. 3A&41 Lard N. 0 7H4S Tallow tH 3tt Honey strained per pound comb uer uonna actio Ducks. lfM Bens per bead 925 Spring chickens. lfiaao Roosters per bead 19015 Turkeys per pound aO 9 uuineas tools 3eese SSM Butte r choice yellow 10315 BALTIMORE PRODUCE MARKET. BALTIMORB. Mav S FLOT7R Slrm Family 4 2S&4 9i; winter wheat patents 4 7(ctA 90: SDrins wheat na tenia I Soeti K- tprinz wheat 3 u&M in WHEAT Strong. Spot and May 79; July 75 Southern by sample CORN Mrm. Mixed uot and H Xes: June I9329H: August .... Steamer mixed SSJtaBfe: boutoern white 32: yellow 30Q31 NEW TORK PRODUCE MARKET. New York. May 8. FLOUR Firmer, unlet. W li C T Bnn.u , . . . . 1 . , quiet at advance. No. t red alar n: June rviuv q'A. jh a m, -, 1 w i . . . . t'lO . A. t J . ITU Mm CEBVB. tor; afloat. Options closed steady at H fAT- 1 ..... . ,- - - - - e-' ...... . yuv uraier. opu nu. X Stt. Options clused quiet but arm at H cent higher. May 22; July rvniv. mill, mess o Taw au. Spot Rio easy; No. 7 Invoice ?4,- JobbiDg 8. v mm w uriU TWI rVlUUaag 1 10. NEW TORK MONKT MARKET. If rw Yoaa. May 8 Money oa call easy at Ita&lM Ber cent.: last loan atlUrcUndu offered at lx&l. Prime smeutln paper SH04 00- Bter ling exchange steady with actual iiiwiioas In baakers- bills at 4 9694 MM tor 96 days and 4 w7WUStS7 tor demand. Purtod rmtea t 7 9 M vamaamSUl bUla 4 S4 K. Silver certificates Bar silver 904.. Mex ican dollars 47H- Govern meat bonds firm: State hoods dull; railroad bonds weak. 'r H. & CHAD WICK Charlotte MachieeComaiiy 202 and 204 South Tryon Street Charlotte. N. C. - . - ' SPECIALTY: ! i-' - Cotton Mill We have just erected and started rooms a new Automatic Banding Machine. This machine is a wonder. machines. It is the only Automatic Banding Machine in the AH interested are invited to call and see it in actual operation. CORRESPONDENCE SOLICITED. CHICAGO PRODDOB MARKET. Opening Closing WHEAT Mav July September , uuisa- May July September . 2441 . 24 . . 17 - 17 .3 17 . 8 BS 67 . 8 67 4 24 24 17 17 18 8 0 8 62 8 5 4 02 4 07 4 17 4 70 4 70 4 72 OATS May July September MESS POKK May July September LARU May luly September .- 4 10 4 17 4 75 70 4 77 KlbS May July September CLOSING STOCKS. Atchison ....... lOVt Northwestern.. . . N W pfd . NYC. N Y&N'E Ont Western .. Ore Improvem't. Ore Nay OSLAC N PaciBc Mail I D & E Pittsburg.. Pullman Palace . 104 154 99 97 13 ii" 16 27 41 160 156 18 Adams Express ISO Alton, T H 60 Alton, THpfd. ... Am Express 113 B&O 11X Can Pac 52 Can So 46Vt C'en Pac 7 V & O 16 Chicago Alton. 150 C. B& O 74 Chicago Gas.... P1X Reading t on t.as KM Rich Ter Rich Ter pfd K G Western R G West pfd Rock Island St L 4 9 F lstpfd St Paul St Paul pfd '. C & St L . . S Col Coal & Iron 12 30 vm 73 130 58 138 15 115S iOH 8 50 5 38 4 12V 101 75H 2 16 8 31 10 15 87 OCert 10 V Del Hudson. .. 10"X lel. L, w 18 Den & R G pfd. Ihs & C F Co ... 30 East Tenn ... i StPA O 11 I St P I O pfd 27 I So PaciBc Erie Erie 1st pfd Fort Wayne 1K0 118 I rugar Keanery .. j Teun C I . i Texas Pacific T 4 O C pfd I Union Pacific TJ S Exp-ess ' W St L & P ... 1 WSt LA- Ppfd... ; W K Express . Western Uulou .. 'WALE W & L E pfd ' Minn & St. P Den RG 1 Gen Electric ! Nat Linseed , Col F & I , t)ol F A I pfd.... H & T C ! T A A A M. . . . . T St L A K C ! TSt L A KC pfd. ! Southern .... Southern pfd.... Amer Tob ; A mer Tob pf t G N pfd & E 1 pfd . . . Hock Valley . . . 1 03 1 27 18 r2 IH-i 21 44 H 82 15 95 Ill Central St V & Duluth. r Dfd LK&W L E & W pfd.. I.:ike Shore . . . . Lead Trust LAN LAN A Man Can M & C M C. M V 12 M&O 16 Nash Chat 66 Nash Cord Nash Cord pfd. N .1 Central.... 5 18 7 26 70 104 78 21 12 36 1 M & W pfd N A Oil l'o Nort hern Pac. . N Pac pfd UPi Uulf NEW TORK COTTON FUTURES. New York. May 8 Cotton -firm Mid dling upland 7; Mlddltne Gulf Futures closed steady. .Sales 58.300. Highest Lowest Oloslns Mav 7 43 7 40 7 46a47 June 7 47 7 42 7 47ffr48 July 7 52 7 45 7 5051 August 7 49 7 44 7 48 Seotember .... 7 19 7 13 7 17(il8 October 69H m 6 9o4z9j November... 6 U3 6 93 9542,96 December 6 9? 6 95 6 96a7 January 7 01 6 99 7 007 01 February .... 7 04 7 01 7 0I4J04 March .... .... 7 0810 Adi-11 .... LIVERPOOL. COTTON MARKET. Liverpool. May 8. 1 p m. Middling 4 7-32. Futures Closed steady at advance. May 4 1011 May and June.. 4 0910 June and July 4 0809 Inly and August 4 07O8 August and September 4 04 v September and October ' 3 60 s O tober and November 3 S3t&54 November and December 3 51 b December and January 3 50 s January and February 3 50 s February and March 3 90 b March and April. CHARLOTTE COTTON MARKET. These figures represent prices paid to wagons. Strict good middling 7 85 Good Middling .- 7 80 Strict middling Middling 7 Tinges 7 Btalus. 7 57 40 Z The market was Arm. CHARLOTTE Board of Trade. THAD. B. SEIGLE, Manager. .a Stocfes, bonds, cotton, grain and pro visions. For cash or on margins. Commission on Wheat, Corn and Oats, i. Direct private wires to New York, New Orleans and Chicago. Promptness and Reliability. Phone 196. 12 Sonth College St. Catlin & Co.- 216 Church St.. New York. 67 Channey St., Boston. 206 Chestnut St., Philadelphia. mi-. ALL NUMBERS. Skeins, Warps, Caps and Cones. Jas. E. Mitchell & Company, 122 and 124 Chestnut Street. Philadel phia, SI and 53 Summit Street. Boston- C01T0N YARNS OFALL KINDS CALL FOR.... Extra Fine Draught and Export Beer also all kinds of sod waters and ciders. , CHARLOTTE BRANCH, A. BINDEWALD, Mgr. Machinery and -AND- Electric Light Plants. It automatically makes bands -.LIMITED DQUBLEDAIET SB 3 TO ATLANTA. CHARLOTTE, ATHENS, WILMINGTON. NEW ORLEANS. CHATTANOOGA AND NEW YORK, PHILADELPHIA. WASHINGTON. NORFOLK. RICHMOND. SCHEDULE IS EFFECT FEB. T, 1117. WESTWARD. He-41- 4 L. vcatmisftsa .... tv. Lumbertsa. ... 1 .cW.. 1 Lv. Maatoa Si Lv. Lauriaburg At. Hamlet Lv. Hamlet Lv. Kockiaghaat Lt. Wadeaboro Lt. Marahvllle Ar. Menroe Lt. Monroe Ar. CHARLQTT ... Ar. Mt. Holly Ar. Liucelatoa ... Ar. Shelby Ar. Elleaboro Ar. Ratherfordtoa spm 5SP T "3Pa 8 lipat Spat "! t MSps - ...... ttssm 4Sa f joam - 35" 11 43am 13 jcpm 54P" t8 om Lv.... 10 eeanl Ar ....Hamlet.. ...Cheraw.. . Ar. 4 aopm Lv. t ecpa EASTWARD. Ho J- to. 4s 415P" tp Toopr JSpi lopn 4opn Ratherfordtoa Biles bore Shelby Lincointow V t Holly .... CHARLOTTB .... Monroe .... Monroe Marsh vtlle Wadesboro Rockingham Hamlet Hamlet Laurinburg Maxtofl ..... Lumberton Wilmington JSam 05am asaav 7 eiam 7im Jsssm 45am f nam f 30am 10 tftam 11 ypm 10 31am Iiospm 11 t3pm NORTHWARD. Hamlet 15am MPia Raleigh 1130am lliam Portamounth 5 50pm 7 30am Richmond 6 50pm 8 ijin Washington it 10pm it jipro New York 4 sjaat 6 3pm SOUTHWARD. Lv. Monroe 4 4 la at Ar. Abbeville 11 asast Ar. Athena 1 ijpaa Ar. Atlanta (Central Time) 1 jopat " 5P" I 40am 4J" 3 loan Dally. t Dally, except asaday Both trains make Immediate ooaaectioa al Atlanta for Montgomery, Mobile, Mew Orleans, Texas, California, Mexico, Chattanooga. Nash- vill. Memphis. Macon, Florida. Baggage checked from aotel or reaideaea ts .destination, state room aaa slsspn rcscr vatioas made ia aavance. For Tickets, sleepers, etc.. apply ts W. H. RAMSEtlR. City TVkot Aft. aj 5. Tryon St.. Caartetta, N. C R. A. NEWUND, Osa. Aft. P. Dept. Kimball Mamas, Atlanta. Oa. a BO. He P. BATTB. Trav. Pass. Agt. Caartetta. N. C B. ST. JOHN. H. W. B. OLOVEK. VlcawPrea. sad Oaa'l Mgr. TrajOs 1 V. B. McBEB. T. J. ANDERSON, Oea'l 8n pelntes est. Oea'l Pass. Agt foil emea nmiom u Southern - Railway . IN EFFECT MARCH 29. 1897. This condensed schedule Is published as Information, and ia subject to change without notice to the public Trains leave Charlotte, N. C. : 10:16 P. M. No. 25, dally for Atlanta & Charlotte Air Line division, and all points South and Southwest. Carries through Pullman drawing-room buffet sleepers between New York, Washlnc Oton, Atlanta and New Orleans. Pull man tourist car for San Francisco Sat urdays. 9:35 A. M. No. 17, dally, Washington and Southwestern Vestibuled Limited for Atlanta. Birmingham, Memphis, Montgomery, Mobile and New Orleans, and all points South and Southwest. Through Pullman sleeper New York to New Orleans and New York to Mem phis. Dining car, vestibuled coach, be tween Washington and Atlanta. 6:40 A. M. No. 10, dally tor Rich mond; connects at Oreensboro for Ral eigh and Norfolk. 12:20 P. M. No. IL dairy, for Atlanta and all points South. Solid trains Rich mond to Atlanta; Pullman sleeping car Richmond to Oreensboro. 10:15 P. M. No. S6, daily, for Colum bia and C, C. A A. local stations ; Au gusta, Savannah, Jacksonville, carries through Pullman drawing room buffet sleeper between New York and Jack sonville; also Pullman sleeper Char lotte to Augusta. , 9:35 A. M. No. 17, dally, for Columbia and C. C. & A. local stations. 9:36, A. M. No. 38, daily, for Wash ington, Richmond, Raleigh and all points North. Carriea Pullman draw ing room buffet sleeper New Orleans to New York; Jacksonville to New York. Pullman tourist car from San EYancla co Thursdays. 8:30 P. M. No. S8, dally, Washington and Southwestern Vestibuled Limited, for Washington and all points North. 6:40 P. M. No. 12, daily, for Rich mond, Raleigh, Goldsboro and all points North. Carries Pullman sleeping car from Greensboro to Richmond. Con nects at Oreensboro with train carry ing Pullman car to Raleigh. 9:05 A. M. No. It, daily except Sun day, for Sta-tesville. Taylorsville and local stations. Close connection at Statesville for AsheVlIle, Hickory. Le noir and Blowing Rock. 4:30 P. M. No. 62, daily except Sun day; freight and passenger for States ville and local stations. Dally except Sunday. All freight trvins carry passengers. John M. Culp, W. A. Turk, Traffio Manager, Gen. Pass.' Agrt., W. B. Green. Washington, D. C Gen 1 Superintendent. Washington, D. C. S. H. Hard wick, -Ass't Gen. Pass. Agt., Atlanta. Ol R. L Vernon, Traveling Passenger Agt., 18 Sast Trad st Charlotte, T4. c T. J. Hodgen & Co CHARLOTTE. N. C Dealers in COTTON, STOCKS GRAIN AND PROVISIONS. Private leased wires to New York and Chicago. Brokerage on stock and grain ; uer bale on cotton, round trade. National Bank reference gtven oa ap plication. Phone 1st. 23 South Tryon street. F. B. ALEXANDER, Manager. aaVUVy Pmttaot and Treasurer Equipment. in our ! hibition for Spinning1 frames and other world for making Iood bands. THE HALF-HOSE ARE THE BEST IN THE MARKET. The nicest-fitting, longest-wearing, most comfortable and cheapest in the end. They are the only half -hose knitted to the shape of the human foot. r They can be obtained in Charlotte of MELLON & SHELTON, i LONG-TATE CLOTHING CO. f THE CAROLINA CLOTHING CO. Take No Other. Wear No Other. PRESBYTERIAN COLLEGE, Charlotte, N. C. The present ont-. look is that every available k space will be occupied. Those who contem plate patronizing the boarding depart ment are advised to apply AT ONCE, . For lt is feared many will be turned away on account of room. Board Is -ACTUAL COST $100.00 A YEAR, INCLUDING LIGHT and heat. Full corps of able, experienc ed teachers In academic department. Price of tuition $12.50 per quarter. DEPARTMENT OF MUSIC. Prof. G. P. McCoy director, compares most favorably with any other conservatory In the South. Piano, Voice, Violin, Harmony, Theory, Organ, etc Price of tuition from $7.50 to $15.60 per quarter. With the past year's success, the College Is prepared to do the most thor ough work, and from $76 to $125 less per . year than the average Institution. Compare Catalogues. Address. r, MISS LILY W. LONG 1 or TINSLEY PENICK JTJNKXN. MANTELS! MANTELS! MANTELS! Come and see our new line Mantels, Grates, Etc., Tiling of all colors. Mantels from $L56 up to $75.00. E. D. TESSIER & BRO. Phone 8O. Corner College and Third. WE have Just put in another new and T. L. ELLIOTT. Monumental Works. Granite Monuments a specialty. AGENTS FOR IRON FENCES 335 W. Trade 8t Charlotte. N. Ot TAKE A DIP Not a dip in the "briny deep, " but a dip in One of 5 A. R. WILLMAN'S 5 j " 3 UP-TO-DATE BATHIN6 TUBS. Ton cannot afford to go through the summer months without having all the bathing accessories at hand, especially . so while the prices are so reasonable. A. R. W1LLMAN. AU repair work given prompt atten tion. i . WATER ! HENRY E- KNOX. JE. CONSULTING AND HYDRAULIC Engineer Artesian and tube wells a specialty. General water works contraction, v surveys, plans and estimates. 1 15onngs . made for architects, bridge and railroad engineers, i Pipe aud pumping machinery. CHARLOTTE, N.; C. Blank Books ! Of any size and style. made to order. We use Medlin's spring back aryi hinge. Atrialt will convince you that this is me strongest and best i booV thade. s Old Books Bound over and made look better than ever. to MA6AZINES and ; PERIODICALS j -f - Bound into volumes in plan or ornamental, bindings. OBSERVER PRINTING HOUSE, CHABXOTTBL K. C ' AXX, ORDERS for Job printing sent to the Observer Printing House will re ceive the best attention and the., prices will be the very lowest.