Skip to main content
The largest online newspaper archive

The Raleigh Times from Raleigh, North Carolina • Page 5

Publication:
The Raleigh Timesi
Location:
Raleigh, North Carolina
Issue Date:
Page:
5
Extracted Article Text (OCR)

Km IULSIGH EYENIN THURSDAY-A UGTJST 20, 1908. PAGE IT72 JC. WANTS 1C. MARKETS BY IRE: I TODAY'S i la i Stocks Cotton, Grain and Provisions. Fayetteville Street, Raleigh.

THE RALEIGH BANKING TRUST COMPANY WITH An WMnrpassed history behind tt since 186B STANDS FOB Safety to its Depositors. Accommodation to Ms Customers. 1 viv''--. WDling service to Its Friends. CHA8.

fi. JOHNSON, P. H. BRIGGH, Presldeat. Cashier.

JOSEPH G. BROWN, President. CAPITAL $100,000.00. HENRY E. LITCHFORD, Cashier.

Tfie Raleigh JOHN T. PULLEN, President. CAPITAL AND SURPLUS, $75,000.00. Four per cent interest paid on deposits. Call In the bank, or write for further information.

Bank open on Saturday evening from' 5 to 9 o'clock to accommodate the public. First division of the Fall Terra Wednesday, September 5M. Shorthand, Bookkeeping, Telegraphy and English taught by experts. A school with a reputation. The oldest largest and best equipped business College in the Carolinas.

Write for catalogue. Address KING'S BUSINESS COLLEGE, Raleigh, N. or Charlotte, N. C. SURPLUS $150,000.00.

Savings Bank. CHARLES ROOT, Cashier. We Prepay All Express Charges. New York Cotton. (By Leased Wire to The Times) "New Aug.

20 The cotton market opened easier at a decline of 5 to 13 points. Houses with Wall street and southern connections were heavy sellers on the call. The decline gained further headway, as there was practically no resistance from usual bull sources. bear crowd were aggressive sollers on the break, believing that- the crop and trade situation Justified much prices, some talking 7-cent cotton in the near future. 2 Opening: 10.05 to 10.06; 9.23 to 9.24; 9.10 to 9.13; 8.78 to 8.79; Dec, 8.83 to 8.85; 8.80 to 882; March, 884.

to 5.85. Open. High. Low. Close.

Aug. 10.06 10.06 9.48 9.58 Sept. 9.23 9.23 8.75 8.81 Oct. 9.15 9.15 8.58 8.70 Nov. 8.78 8.78 8.70 8.60 Dec.

8.83 8.50 8.61 Jan. 8.81 8.81 8.48 8.58 Feb. 8.72 8.72 8.W 8.61 Mar. 8.85 8.86 8.55 8.64 Market closad steady. New York Spot Cotton.

fy Leased Wire to The Times) 'New; York, Aug. 20-Spot cotton quiei, 10.00 to JO. 10, helng 25 points lower; sales, 248 bales. 1 1 New Orleans Cotton. (By Leased Wire to The Times) Open.

High. Low. Close. Aug. Sept.

Oct. Nov. Dec. Jan. Feb.

Mar. 9.60 9.60 9.25 9.25 8.96 8.96 8.95 8.88 8.94 8.97 860 8.73 8.68 8.68 8.64 8.68 8.85 8.86 8.53 8.67 8.88 8.88 8.57 8.70 8.85 8.85 8.85 8.76 8.94 8.94 8.74 8.78 Market closed steady. Liverpool Cotton. (By Cable to The Times) Liverpool, Aug. 20 Spot cotton, easier; middling, 5.71; sales, 4,000, of which 3,000 were American and 200 for speculation and export; receipts, 1,00, of-which 300 were American.

Futures opened quiet and closed weak. Opening. 5.53 5.54 5.125.13 4.97 4.96 4.90 90 45- i 4.83 4.84 4.83 4.83 4.85 Closing. 5.46 5.04 4.86 4.80 August Dec-Jan. Feb 4.73 4.75 4.77 .78 4.79 March-April 4.86 April-May 4.86 4.86 May-June Cotton Seed Oil.

(By Leased Wir to The Times.) New ork, Aug. 20. Cotton seed oil prices, based on prime yellow, ranged as follows: Closing. August. September October.

November December. January .) llarket closed barrels. 3637 36 37 3636 35 35 3535 3535 firm; sales, 2,100 New York Money Market. (By Leased Wire to The Times) New York, Aug. 20 Time loans, quiet; money on call, 1 to 60 da vs.

2 Der cent: 90 days, 2 to 2 six months, 3 to 3 posted rates sterling, 485 to 487, with actual business in bankers bills at 486.20 to 486.25 for 'demand, and 484 to 485 for 60 day bills. Prime mercantile paper is a little less active at 4 per cent for best names. NORFOLK SOUTHERN RAILWAY The Norfolk Southern Railway give notice 'that commencing Mon day, June 8, 1908, trains Nob. 14 and'15 now being operated between Raleigh and Wilson, will be extended and operated between Raleigh and Greenville, on the following sched ule: Train No. IB Daily' Ex.

Train No. 14 Dally Ex. Sunday. Sunday. SM A LL.

ACCOU NTS. We solicit accounts from workingmen and women, clerks, bookkeepers, lu fact every one. We encourage small accounts because we know they will grow. The size of the deposit makes no difference, as we extend the same courtesy and attention to everyone. Classified advertisements for this column will be accepted at one cent per word for each Issue, CASH with the order.

No ad-vertlsemcnts under tlds head will be charged. No Adv. taken for less than 10 CENTS an insertion. 1c. WANTS 1c.

WANTED. WANTED Second-hand dress "Bicycle," care Times. WANTED Manager for branch office we wish to locate here In Ral- eigh, N. C. Address, with reference, Tbe' Morris Wholesale House, Cincinnati, 0.

8-14-lm WANTED A Wet Apply to Mrs. A. I. Kaplan, 217 E. Hargett street.

FOR SALE. FOB SALE Rhode Island Red and Butt Leghorn Hens, Pullets and Cockerels. ta. Jordan at Capi- tal Furniture Co. WOOD Wood cut for 50c per cord.

Call 873F. FOR 'SALE Berkshire Pigs, nine Waolra rIH Pr Wa -nil Qah Address Horace R. 13 t. f. Dowell.

PIGS! PIGS! PIGS! Fifteen fine English Berkshire Pigs for sale. Best stock. Apply quickly if you want any of them to John C. Drewry, Raleigh, N. C.

MISCELLANEOUS UMBRELLAS AND PARASOLS RE-paired by Porter 207 South Wil-: mington Street. 18 3t. e. o. d.

NOTICE Any one who can take boarders during the Farmers' Con- vention next week will please notify C. D. Harris, by mail, how many they can accommodate, and price per day. 17-6t EXPERIEXCED STENOGRAPHER desires position in this city, now or by Sept. 1.

Best references. Address, "Miss M. this office. 20-3t LU'ANTEJ To sll and passes sion of furniture and furnishings of a 20rroom boarding house, one block. from business centre of this city.

A good proposition to anyone. Address, The Furniture and Stove Exchange, 111 E. Hargett Street. 20-6t WHITE HOUSE TEA 9-. Is Just as good as White House Coffee.

Trial Ten or Fifteen Cent Can at your 0 9 Grocer. Note the difference. London Bar Silver. (By Cable to The Times) London, Aug. 20 Bar silver, 23 d.

unchanged. During the 118 years in which we have had a national house of representatives It has never had a speaker who was born in New York city. j-r! HAVE El your home -a North Star Refrigerator Water Coolers, Ice Cream Freesers, Screen Windows, Oil Stoves. If yon buy NORTH STAR yon reduce your ICE BILLS. HART-WARD HARDWARE COMPANY.

HUBBARD BROS. CO HANOVER SQUARE. NEW YORK. MEMBERS of New York Cotton Ex- change. New Orleans Cotton Exchange, Associate Members Livar- pool Cotton Association.

ORDERS SOLICITED For the purchase and sale of cotton for future delivery. Correspondence invited. THE COMMERCIAL ITATIONAL'BANKV CAPITAL AND SURPLUS, $200,000.00 RALEIGH, X. C. S.

JERMAN, A. A. THOMPSON, H. W. JACK- New York Stocks.

(By Leased Wire to The Times.) York, Aug. 20 At the opening -jof the stock market the only advances recorded in the first run of quotations was that of Smelting. A number of issues were unchanged, including 'Erie, Reading, Pennsylvania, Anaconda, Brooklyn Transit, Kansas, and Texas preferred. The largest decline was in Great Northern preferred, 94. Copper opened lower, Lead, Northern Pacific and St.

Paul were down and Southern Pacific shaded to HUnlbn Pacific opened unchanged. Stocks broke wildly in Wall street about noon today. Uiider leadership of New York Central, which was sold down to the stock market! declined an avetaga of 2 points. The break was caused by discovery that the New Central, has a floating debt of about $40,000,000 and may be compelled to pass its dyldend, entirely. According tpi-eport it is not earning Jts fixed charges.

New York Closing Stock List. Atchison 88 Baltimore Ohio 93 Canadian Pacific 172 Chicago Northwestern .159 Colorado Southern Erie 23 Illinois Central il35 Louisville Nashville ...107 Mexican Central 16 Missouri Pacific 55 New York Central .102 Pennsylvania .123 Reading .124 Rock Island 17 Rock Island pfd 32 St. Paul ..142 Southern Pacific 99 Southern Railway 18 Union Pacific 157 Union Pacific pfd 85 Wisconsin Central 25 Interboro-Metropolitan 11 Interboro-Metropolitan pfd 32 Great Northern .136 Miscellaneous Amalgamated Copper American Car Foundry American Locomotive American Cotton Oil Am. Smelting Refining 77 40 56 34 94 Am. Smelting Refining pfd .107 Brooklyn Rapid Transit 5 1 Colorado Fuel Iron 83 General Electrlp .143 international raper ivyg National jLejid.

i. Pacific Mail i People's Gas Pressed Steel Car .24 .95 84 62 .118 .134 ,.45 .108 .55 27 .106 ,,71 Slo8S-Shef field Steel Southern Pacific pfd Sugar United States Steel United States Steel pfd Western Union Chemical Chemical pfd Westlngbouse Electric Chicago Wheat. (By Leased Wire to The Times) Chicago, Aug. 20 Wheat opened c. higher and held firm with advancing tendency during the first half hour.

Offerings were scattered and light. Liverpool came to 1 higher. Opening: Wheat, 93 to 95; corn, 77 to oats, 48; pork, 14.80; lard, 9.25; ribs. Sept, 8.72. Wheat closed to c.

higher for the day, the reactions being on heavy buying or selling at different times during the season. Corn closed to c. higher to 'lower and ruled irregular and Oats -were c. better to unchanged. Provisions showed of 2 to 10c.

for the Grain quotations tanged as follows: -Wheat: Open. .932 Dec. May .98 -Corn: .77 .65 MW Oats: A .48 Dec. .48. May .14.80 14.95- Jan.

15.82 High. .94 .95 H.65 .64 Close. .93 .94 .98 .77 1 .63 .49 .48 .48 .48 0 14.90 14.85 15.02 14.97 15.95 Lardt 9.25 9.27 9.35 9.37 Jan. 9.12 9.15 Ribs: 8.75 8.77 Oct. 8.82 8.87 Jan.

8.12 8.17 9.25 9.35, 9.12 8.72 8.82 8.15 Naval Stores. Savannah, Aug. 20 Turpentine: Firm, 35; 812; receipts, 1,124. Rosin: Firm; sales, receipts, 3,037. Quote: WW, 6.25; WO, 5.75; 8.25: M.

4.60; K. 4.25; 3.60 to 1.65; 3.S5 to S.40; 2.90 to 2.85: F. J. 75 to 2.80; 2.45 to i SON, Cashier; E. B.

CROW, Assist. Cashier J. J. Thomas, Chmn Board of THE TIMES' DAILY FINANCIAL STORY (By T. C.

SHOT WELL.) New York, Aug. 20 Heavy selling I on stocks continued in Wall today. The market was supported just enough to keep it from breaking. The most important speculative interests believed. the most important movement has terminated and they are now working for a substantial re action.

"There is evidence that the ...1.4 If nap.n TtaiTA turned loose large quantities of stock which they propose to get back at lower prices. The; collapse of the freight raising movement has cast suspicion on the alleged boom in business. The liquidation pf steel by directors of the trust and by executive officers of independent steel companies is beginning to worry the professional Continued heaviness of New York Central is causing some apprehension and a dividend reduction is generally expected. Harriman is said to be shifting his speculative line from the Hill-Morgan stocks into Southern Pa- cine and Union Pacific. The copper metal situation is attracting careful attention once more.

The situation. in that direction is so highly speculative that no one would he surprised to see a sharp break in the metal stocks, especially In those that cannot produce metal under 1,200 pounds. October cotton broke 1.2 5 a bale in the first few minutes of 'trading. Bad reports, from cotton belt are responsible for it. Grain was not materially changed In the early trading.

Prices in London were nominal, there being no material movements of prices in either Raleigh Cotton Market Best grades, 10. Off grades, 810. Receipts today, none. Commercial Bar Silver. (By Leased Wire to The Times) New York, Aug.

20 Commercial, bar silver, 51, unchanged, can dollars, 45c, unchanged. Mexl- Chicago Live Stock. (By Leased Wire to The Times) Uftlon 'Stock 'Yards? 20 1 Hogs: Rsceipta, 16,00 market, steady; light, 6.15 to 6.75; bulk, 6.40 to 6.70; mixed, 6.15 to 6.85; pigs, 5.15 to 6.00; heavy, 6.15 to 6.83; good to choice heavy, ft. 4 5 to 6.85; rough, 6.15 to 6.43; porkers, 5.15 to 6.00. Cattle: Receipts, 4.0w0; market strong to 10c higher; beeves, 3.75 to 7.60 Texas steers.

3.60 to 5.20 western steers, 8.50 to 6.00; stock-ers and feeders, 2.65 to 4.50! cows and heifers, 1.75 to 6.00; calves, 5.50 to 7.25. Sheep: Receipts, 15.000; market steady; natives, 3.25 to 4.25; western, 2.75 to 4.25; yearlings, 4.25 to 5.0; lambs, natives, 3.50 to 5.25; western, 3.75 to 6.40. The reporter saw Mr. J. S.

Gray this morning and in a conversation with him Mr. Gray made the statement that there was no intention on his part to defraud the railway company. He said that it had been the custom of the railway company to deliver his goods to him on his order, without bill of lading or receipted draft purely as a matter of courtesy. He has been getting his goods in this way, he says, for seven or eight years, and had no reason to believe the courtesy had been withdrawn. Sometimes it would be ten or fifteen days before he would pay for the goods.

At this time he was holding up because of a difference in freight rates of about $30, which he did not feel he should pay. Mr. Gray states that he has made reparation as far as his means would justify and hoped to adjust the matter to the sat-1 lsfaction of the railroad company. it' A BURNING OIL WELL: Great. Effort Being Made to Extinguish the Flames, But Without (By Leased5 Wire to The Times.) Tamplco, Aug.

20 The powerful centrifugal pumps, which were Installed at the burning oil volcano, 75 miles south of Tamplco," a few days ago, have been at work day and night forcing mud and sand Into the fiery crater, but without apparent effect, so far as lessening the flames is concerned. A force of 200 government, soldiers are now at work digging an incline tunnel toward the underground caldron. It is planned to explode 600 quarts I of nitro-glycerine In this tunnel, with the view of tearing up the earth over a wide and thereby clogging the underground cavern through which the oil Is escaping. It is stated that the owners of the oil field have already expended more than $800,000 in an effort- to extinguish the great Are. i- Connelly Springs Hotel, CONNELLY BPRINGS, N.

O. (On Southern Railway, between Salisbury and AshevIUe) In sight of the most Picturesque Mountains in America. Cool, Refreshing Mountain Breeze, and positively the very finest Mineral Water In existence. Thoroughly Moderu Hotel, with High Standard of Service. -Good Orchestra, Ball Room, Tennis Court, Bowling Alley, Delightful Horseback Riding and Driving.

Rates very reasonable. Further Information cheerfully furnlBhed. HENRY L. VAN STORY, Manage. WRIGHTSVILLE BEACH.

Preeminently North Carolina's seaside resort. Safe beach-with splendid surf. FISHING, BATHING. YACHTING Easily reached via Goldsboro or Fayetteville in connection with the ATLANTIC COAST LINE. Tickets on sale every Saturday good to return the following Monday, at $4.50.

For further information write W. J. CRAIG, T. C. WHITE.

Passenger Traffic Manager. General Passenger Agent. Wilmington, N. C. mccr'1 ORDERS FOR BEER Shipped by Express in Plain Packages Day Received Therefore Fresh Goods.

Gold Medal Award, Jamestown Exposition, For Purity THESE ABE PRICES FOR THE STATE OF N. C. "2Dos. 4 D02. 6 Dos.

10 Dos. 13 Dos. P. M. A.M.

4.30 Lt. Raleigh Ar. 10.7o f4.35 Pamlico fl0.33 f4.45 Boushall fl0.21 6.01 Knlghtdale 10.06 5.14 Eagle Rock 9.65 6.20 WendeU 9.49 6.32 Zebulon 9.38 6.65 MiddJeser 9.15 6.10 Bailey 9.00 f6.16 Neverson f8.54 6.40 Wilson 8.36 6.66 Evansdale 8.15 7.04 Stantonsburg 8.06 f7.20 Walstonburg f7.51 7.32 Farmvllle 7.88 f7.41 Arthur f7.29 8.00 Ar. Greenville Lv. 7.10 TATEN, Dlv.

Pass. Agent. I -LmaAA a Wurzbnrgcr I'ilsiner Beer PureUne Malt Ext, Capuziener 44 We Allow 80 Cents S2.B0 2.60 2.50 2.50 94.00 $6.90 fll.80 91320 4.20 6.30 10.60. 12.00 4.60 6.00 11AQ 13.20 4.00 6.00 11JJO ,13.20 Per Dosen For Returned Bottles. REMIT MONEY OR EXPRESS ORDER.

THE VIRGINIA BREWING CO ROANOKK, VIRGINIA. ll. E. L. BUNCH, Traffic Manager.

2.60; 2.40 to 2.45; 2.35 to S.45..

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

About The Raleigh Times Archive

Pages Available:
23,824
Years Available:
1897-1912