The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28
HUGH MaCRAE &CO
Well Known and Progress
sive Private Banking
Concern.

of Hugh MacRae & Co., with offices at
Wilmington, N. c., and Washington, ID.
C. Hugh MacRae & Co. make a spe-
cialty of miscellaneous Southern securl-
ties and cotton mill stocks and handle
this character of business almost ex-
clusively. They neither solicit nor ac-
cept individual accounts subject to check,
but are leading forces in building up
worthy enterprises and have successfully
launched many of the greatest business
schemes which have received the atten-
ton of investors in this State and In the
South during the past few years The
city of Wilmington does well to have
such enterprising men as those COM
prising the firm of Hugh MacRae & Co.,
and no town in the State deserves more
richly to have such men present the in
terests of the community to the world of
investors
Wilmington, as the chief seaport and
largest city in the State OF North Caro-.
lima, has developed the biggest trade in
the entire State, and has before it the
possible record of becoming second only
to Norfolk as a port of entry IN the
South: The entire city is progressive.
Men have been attracted here from al
sections of the country to invest money
in undertakings which have proved sue
cessful Wilmington for some years has
been freer than probably any other COM
munity in the South of such enterprises
as have been unworthy of the support OF
capital. and the varied interests which
have made this section of North Carolina
famous calculate to make this section
richer year: by year and to increase the
value of every stock in every concern
in the city.
Hugh MacRae & Co. are members OF
the North Carolina Bankers Association
and are among those who most warmly
welcomed the association to the city.
Every effort has been exerted to make
the stay of the bankers pleasant, and no
expense has been spared in the .orepara
tions for this important week.
The city of Wilmington is one OF the
most hospitable communities in the en-
tire country. Every home IN the city
welcomes the visitors and no warmer wei
come could have been extended than that
given to the North Carolina Bankers
upon their arrival there. The city is
thrown open to them, they are masters
of the situation, and Wilmington regrets
their departure upon the adjournment
of the convention.
In extending the invitation OF Will
mington to the North Carolina Bankers
Association. Hugh MacRae & Co, who
are interested in nearly every local means
of TRANSPORTATION, have done much to aid
in making arrangements for an agree
able and pleasant stay for the visitors
There are hundreds of industries in the
South which have received the and OF
Hugh MacRae & Co., and their efforts to
promote only that class OF investment
nronertv which is worthy of the interest
and support of men of money has made
for them such a name as to place tnem
At the head of the list of dealers IN stocks
and bonds and investment securities IN
the South The members of the firm are
conservative. safe and wise fiaanclers, and
the success of Hugh MacRae & co. Is
due to the fact that they decline to nan
die or aid any undertaking which IS not
worthy OF the best support
Hugh MacRse is the son OF Donald Mac
Rae. 1t is name well known IN North
Carolina, and known for all that Is best
in the fine old Scotch stock that It's SOUND
suggests.
The firm of Hugh MacRae and Com
pany has ever been ready to subscribe TO
every enterprise that had for its goal the
upbuilding of Wilmington or the State,
provided the proposition was a business
like one and along lines of genuine pro,
gress safe as well as progressive. And il
has not been content to stop with aiding
in enterprises. 1t has been the leader in
several notable ones, prominent among
these being the promoting and extending
the splendid street car system of Whining
ton.
This it got through after vast dea
of labor and the expenditure of a great
deal of time. to say nothing of the tao
required to successfully meet all objec