davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1903-02-08
WALL STREET AND EXCHANGES

FOREIGN TRADING-Foreign houses dealt IN
onIv a few shares in the local market, generally
sales. IN the London market consols were "
changed The Kaf1r stocks gave evidences Of goof
support
WABASH ACTIvE-The buying OF Wabass
preferred by George F Butler & Bro, and tbs
bryine orders which they we're thought TO hav@
given out turned the course OF the whole market
1t is probable that fully 5000 shares OF Waoash
preferred were accumulated by one clique in The
first half hour Trading in Wabash Bs was ralrlE
well scattered The most energetic buying Of
Missouri Pacific was that Of II b Hollns & CO.
who took about $500 shares
PEOPLES GAS EARNINGS--It is reported thar
the annual statement Of the Peoples Gas Ltght
and Coke Company. to be submitted 70 the stock
holders at the annual meeting 10 be held on Fer
rlIrav 10 will show the neighbOrhOod OF II PEI
cent earned on the capital stock Otlclals OF the
company when asked II ths foregoing was correer.
would not commit themselves. The statement VIII
be very satisfactory from a standpoint OF net -
suits" said one Of them. but nothing Will -
given out in advance Of the 'ockholders meeting
OUTLOOK IN STEEL Markell represents
tive Of the United States Steel Corporation says
The outlook in the steel trade is of the Brightest
Many buyers OF pig iron hav@ not yet supplied
their wants for the second half year. because cf
the marked strength shown Consumption cGrlnz
the next twelve months is likely 70 exceed produc
ton. and prices without question Will be naain-
tanned at the present level The supply OF finished
material for immediate Shipment is extremely
liritd and the orders for structural steel tnplae
wire and wire nails being received II large
volume The foreign markets are stre1gtheninz.
esoctalIv IN London and Berlin The freight sltua-
non IS still serious although IT is improving gra
uaIIv The scarcity Of coke is also marked. ana =
tending to restrict the output OF many mills.
NO ASSESSMENT on CHICAGO UNICsNN
TRACTION.-A Chicago dispatch saws that a.
rector of the Union Traction Company relIeral-,>
+ba sssIIrance that whatever terms are made Win
the city for an extension o. the frarcl-SeS, tHee
will be no assessment on the stocks \ pan Pr I.
yidng funds for general 1nprSVeIfl9I1ls I4S, u =
said been outlined by j. P MdeSan & Co.
THE COTTON MOVENIENT.-AccordirS 10 Ih@
Financial Chronicle the total receipts Of coJton
for the week ending February 3 reacneo lso,75Ss
bales against 1S4 2Il last week ana Isl t-l-
previous week nnakin:- the total receipts since So
Tanber / 1902 6021 sol bales against s027oo tor ne
same period of 1901 02. showing an increase sl-c-
September l. 1902 OF 1882 bales
RANK IEARINGS-Bank clearings for the laSt
week show an increase in the aggregate OF 80 PEI
cent as compared with the corresponding pertcN
last wear New-York gained los per cent, Pnlt-t
deIphia Isl per cent. Bdlumore bS per cent -. -.
carO s per cent and New-Orleans 80 per CENT
Boston lost 81 per cent and ST Louis 5 per cen'
New-York tribune., 1903-02-08
CHICAGO AND NORTHWESTERN.
FOREIGN EXCHANGE.
scbrnacher I Co. ~

9 Schumacher & co. say.
Nothing having occurred during the hrst week o.
rTIrfrorv ~ cause the market 70 deVate rom Us
-sr,,Iar course. nominal conditions once more as
seSTed themselves and exchange, from +soS-so tor
yri,,oa IA nkers' demand sterling week ago. rose
- 4s,lO-25 Francs rose from o-Io1<-I-S1, -
l5N-i-ls ard reichsmarks from 20 20 SSts 5nSkns
Vr sy-s~a -a advance for the week or ABOUT S-S-
cent The supply OF commercial bills was sInstt.
the scarcity being partly que 20 the raliroad oIo
sde between this and all points west The trelsnS
blockade was the worst ever witnessed ana anc1, so
hooked TO SAIL last Wednesday, could oIliy puS -
sea at noon Thursday; the TeutonIc also ooShst otst
The demand FOR exchange was fairly genera t, troI
01r own local banks and bankers, as wei as lIVli
eit uolnts north west and south OF here. Money
was easy all through the week and lower unan =
npy time since last September. Should money -
I'm low u would facilitate aEf prooatlS nes7s.
gold sh1pruents, Exchange is even now wi.nLr wi..r.s
fraction OF the gold pOlot. Another acvssSs
es large as the OF this week would ofooaDo
lead GO q beginning OF gold ahIprnsSn
New-York tribune., 1903-02-08
THE DAYS OPERATIONS IN BONDS.

RAILROAD BONDS.-Market generally strong
Total sales amounted in par value to s4lSo,0ON
against So 500 on Friday. The heaviest dealings
were in the Baltimore and Ohio Southwestern di-
vision 315s) Chicago Burlington and Quincy As
chicago Rock Island and Pacific As Erie general
IS. Kansas City Southern IS, Missouri Pacific first
collateral IS. Northern, Pacifc Ss. Oregon Short
Tine as PENNSYLVANIA 312s, Reading general As St
Inuis and San Francisco refunding As. Third Ave
me- IS Union Pacific convertible IS. Wabash de-
bentrre Bs and Wisconsin Central general Is. Con-
soiidated Tobacco IS were also active.
New-York tribune., 1903-02-08
SHIPPING NEWS.
Port of New-York, Saturday, Feb. z, 1908.


AraseIdyk Gutc4} Van den Asuvsl: Fotsg[ ib
Indse Arrived Bar at II ~
Steamer CtaD. COlayope. Genoa January ~
and Naples % the Eanpurg-Anerican Line. WIN /
cabin 524 steeage passengers and dse Arrived al the
9:15 - On
Dererara IS ST Lucia Martinique, Dominica and Gusce
st Kits 31st and ST Crolx ana =
Thomas !. 4 Outerbridge & Co, with 10
PASSENGERS mail Arrived the Bar az m
Steamer WeehawEen (I3r Brown. Tarpico January ~.
TO Philip Ruprecht in ballast Arrived at the Bar at
m.
Steamer jamestown. Tapley Newport News and Nor,
folk 10 the OLD Dominion SIS Co. with passengers ard
Steamers Lorraine CFr). for Hayre; iceland (BTl:
Antwerp Southampton: Pr1nzessin Nictora LGlse
lqerl Nassau: Mnnehahs @ LoRdon' Massia 1BTli
News: George Farwen JaossOPyille Pretoria CD
Tampeo etc: Monte Eideo SPAN Cadz Barcelona etc
Mae Porto Rico; Caricas Ponce and Curacao Oneloa
Wilmington and Georgetown; Madiana q3Tl Bernuda' E
Plymouth, Cherbourg and Hamburg; New-1ork tDutch
tak Rotterdam: Marevai (Br) Grenada and Trinidad;
Hamilton. Norfolk Newport News: Cornus, New
Orleans: Moro Castle, Havana; Dampasas, Key west
Galveston; Hudson (I3rl, Alden, Singapore, etc.
Steamer SusQuehanna (Br). for East London Branoen
Ger Bremen: Aragon, Georgetown; George w
CLYDE Wilmington. " c. and Georgetown. c. City Of
New-York tribune., 1903-02-08

unable TO escape the CONCLUSION that the interests
whether they rely for their transportation on the
trolley lines o. the steam railroads. Will be best
slibserved by nanta ming the main ferry passenger
terminal at st George. with adequate supplemental
ferry service fer tea ms and freight, and such pas
senEers as may wish TO travel In that way, 70 both
the east and north shores, substantially as sns-
sested in my letter Of June last
New-York tribune., 1903-02-08
Announcements
ICARIA.
> New Collar. e
MARINE INTELLIGENCE.

MINIATURE ALMANAC.
sSrse 7os Sunset 524 Moon sets 34% am MOONS II
HIGH WATER.
AM-sansy Hook S:4Sl Gov Island 20 He'll coo
PN-Sandy Hook 4:I0lGov. Island 4:42l Hell Gate e:Sl
New-York tribune., 1903-02-08
AMERICAN SECURITIES ABROAD.
London New-York New-York

London Feb. Z, 1 p. m.-The market for Aneri-
can securities was heavy and dull, at small final
losses Last quotations follow:
New-York tribune., 1903-02-08
4CTIVE ]
TRADING.
W4R4SH ISSUES

Closing prices yesterday of the principal active
securities and net changes from fridays quo
New-York tribune., 1903-02-08

DOMESTIC -Orieans-Conn-
mercial. &c discount. bank 81 premium San Fran
ctsco-Sight. PIC; telegraph 15c- Boston-5c and
1Oc premium. Charlesfon-Buytng, par; selling.
1sc premium Chicago-Par. Cinctnnati-Betwe
banks SOC discount over the counter. SOC premium.
SavaHnah-Buying. &c off; selling. par.
FOREIGN MONEY NARKET.-CaH money in
London. 3td3t per cent. open market discount rats
for short bills. 35s0312 Per cent long bills. 5-l50
3as per Berlin discount rate, per cent for
three months bills and lzs per cent for short bills
Berlin exchange on London. % marks 70 pfenuigS
Paris discount rate. pa per cent Paris eZchange
on London. 25 francs - cenumes-
FOREIGN SECURITIES.-British consols f9r
money. 90; for the accoInt 93. French rentes. 1sS
francs ~ Centiraes
THE SILVER MAREET.-Bar silver. 1850; Mex
fcan silver dollars 371zc. Bar silver in London
closed q 15-l6d.
GOLD PREMIUM.-In Madrid. 80 .; Lisbon :.
BUenos Ayres, 12730
New-York tribune., 1903-02-08

Reserve on deposits other than United States de-
creased s.. .355, 800
ing week for the three preceding years. 1902
Loans increased $751; 300 cash decreased 81 800
deposits increased s24 e9O0 and surplus reserve de-
creased SS72125. 1901-Loans Increased S23 4s1 200
cash increased 692 900. deposits increased S24 400
and surplus reserve decreased 4476 200 1900-Loans
increased s21. .152 400 cash increased S17370O. de-
posits increased SIS 500 and surplus reserve de-
creased s2.973 700.
i've Hat
New-York tribune., 1903-02-08
MONEY AND EXCHANGE.

MONEY MARkET-Quoted rates follow. Money
on call. per cent. Time money was quoted at al
per cent for sixty days 20 ninety days. and F49S
per cent for longer periods. Commercial paper was
quoted at 4S per cent for sixty 70 ninety days in
GOrsed bills. 4-fM5 per cent for choice four to s1
months and 51ag6 per cent for others.
FOREIGN EXCHANGE-Market closed fr--
Actual closing rates follow:
New-York tribune., 1903-02-08
WEEKLY STOCK CHANGES.

active stocks follows:
Saturday. Saturday. Net
Jan. 81 | Feb. Z. lchanges
New-York tribune., 1903-02-08
SAN FRANCISCO STOCKS.

SON Francisco Feb. The official closing quota
lions for mining stocks to-day were as follows:
New-York tribune., 1903-02-08
THE WEEKS BANK CHANGES.

"JTrited States deposits included. $40 0ss 900.
The following shows the relation between the
total and the total deposits the respec-
tive dates:
Jan 81. Feb. Z. Changes.
specie S1s2 62 900 SITS Ola 500 Dec 81 657 0
Legal tenders. 1888 1888 900 Dec 2577 GOO
Total cash $3.50 s25 500 s253 $50 700 Dec 81
REQUIRED against
deposits ..-.- 2329i4I2 20 Z5oo4oo2o Inc 2loO3Oo
New-York tribune., 1903-02-08

UNITED States deposits included S40Oss 600
The following shows the relation between the
total and the total deposits the respec-
tive dates:
Feb 7, '03 Feb s. GO. Feb. o. 'Oi.
SITS 500 SIa5
Legal tenders. T5,575S00 I5o2S0O0 a. 100 700
Total s25S 5so7Oo $26s o66 700 $269 100
Reserve required
against deposits 55 o45 OPS 5ol70475 24S Gas 475
Reserve ......., S1S5456T5 S17s96 225 $50 362 625
Per OF reserve. 269 26.T 27.O
Reserve on deposit other than United States de-
creased SO 355, 500.
New-York tribune., 1903-02-08
IMPORTS OF SPECIE
RAILROAD AND OTHER STOCKS.

Shares l--Actuai sales 80 = -
sold. / tOpen HtEhi LOWi FIJI Di@- 119"-
New-York tribune., 1903-02-08
OUTGOING STEAMERS.

MONDAY. FEBRUARY o.
New-York tribune., 1903-02-08
CONSOLIDATED EXCHANGE SALES

STOCKS.
New-York tribune., 1903-02-08
SALES AT THE STOCK EXCHANGE.

5x dividend. TEX rights.
New-York tribune., 1903-02-08

Springs mail,
New-York tribune., 1903-02-08

Total the week 212 76S
Total preceding week. o62
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

iudicious advance of funds, thereby en-
abling them to attain the prosperity
which they are now enjoying.
The bank has at all times encouraged
manufacturing along all lines, its Of
ncers and shareholders being interested
in large number of the factories of the
place and it now carries the accounts and
fills the pay rolls of thirty-two of High
Points forty-eight manufacturing estab-
lshments, besides quite number of other
places 1t has been and is now the firm
friend of the manufacturer.
The officers and directors of the bank
have within the past five years estab-
lshed State banks at Mocksville, Troy.
Marion, Spencer, Asheboro, Thomasville,
Graham, Madison, Carthage. On Septem-
Der 1st the Bank of Raeford, with capt.
tai stock of $4,000. will open. Mr.. f. NJ.
Armfield is interested in that enterprise.
All of these State banks use the National
Bank of High Point as a depository and
the banks resources and sphere of use
fulness nave been greatly enlarged
thereby.
In February, 1902, and January, 1908,
the capital stock was increased $4,000
each time to meet the requirements OF
the ever increasing business interests OF
the community, which amounts were paid
in cash, making the paid up capital $780,
900, and the surplus and profits, undivided
5000. This gives the bank larger
combined capital and surplus than any
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28
ALLIED BANKS.

The following is list of the banks out
side of High Point in which the Armfields
are interested:
THE BANK OF TOWNSVILLE,
brownsville, N c., e. NJ. Armfeld, Presi-
dent; j. M. Morris and Geo. A. Thomp-
son, Vice Presidents; j. L. Armfeld,
Cashier. Opened August T. 1899. capital
stock $4,000 Deposits $75,O 900. Surplus
81, 900. w j. and e. M. Armfield, dlrec-
tors.
THE BANK OF MADISON, Madison.
N. c., j. M. Galloway, President, w. G..
Ruffin, Vice President: j. o. Ragsdale,
Cashier. w. j. and e. M. Armfeld, direc-
tors. Capital $4,000. Surplus $4,000.
Deposits 100000 Opened September 18th,
1892
THE BANK OF RANDOLPH. Ashe-
boro N. c., o. r. Cox, President; w. j.
Armfield. Vice President; W. J. Armfield,
Jr., Cashier; f. M. Armfleld, director.
Capital, $4,000. Surplus, $4,000. Deposits
$4,000 Opened November 4th, 1897
THE BANK OF DAVE. Mocksville.
N. c.. w. A. Bailey, President; 7. 3.
Bailey and JAS Mcclure. Jr., Vice Presi-
dents; T. J. Byerly, Cashier: w. J. and
f. M. Armfield, directors. CAPITAL $1O,-
G00s Surplus $4,000. Deposits 100000
Opened October, 1901
THE BANK o. ALAMANCE, Ora
ham, N. c., E. NJ Armfield. President;
J. l.. Scott, Jr., Vice President; Chas
A. Scott, Cashier; w. j. and e. M. Arm
field, directors Capital $40, 900. Surplus
$4,000 Deposits, 100000. Opened August
9Th, 1899.
BANK OF MONTGOMERY Troy, N
c., w. j. Armfield, Jr, President; S. j
Smitherman and w. e. Capel, Vice Presi-
dents; j. G. Tomlinson, Cashier; w. j.
and E. NJ Armfeld. directors. Capital
$4,000. Surplus $4,000. Deposits $4,000.
Opened February, 1901.
THE GREENSBORO NATONAL
BANK, Greensboro. N. c.. capital $780,
900. w. ]. Armfield. director for rs
years. and the largest individual share
holder.
MERCHANTS e. FARMERS BANK.
Marion, N. c., t. r. Wrenn, President;
f. L. CASTOR, Cashier: e. M Armfield
director. Capital $4,000 Surplus $4,000.
Deposits $4,000 Opened June 1st,l 1902
THE BANK OF SPENCER, Spencer
N. c., ]. l.. Armfield, President; B. F
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

London, j. d. Ledbetter and ]. w.
Streetman
Although this bank has been estab
lished only one year, it's growth and pros
perity even in that short time have been
very gratifying to the stockholders. The
institution has some of the best men in
Marion back of it, and consequently it
can promise its customers promptness,
accuracy and safety in the transaction
of all business that comes under it's care.
Situated in a town like Marion, and
with its affairs conducted by such men
as those whose names appear above, the
future of the Merchants and Farmers
Bank is assuredly bright one. TIE
healthfuIness of the climate of Marion
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

The bank is located on the corner OF
College and North Main streets, occupies
commodious, we'll lighted and ventilated
building which is equipped with IRE ana
burglar proof vault and safe, double Time
lock and safe deposit boxes There nave
been but few changes, either IN the man
agement or stockholders of the bank. 1t
has pursued an unvarying course OF
honesty and fair dealing and has extend
ed every accommodation CONSISTENT with
sound business principles, with favoritism
to none, with good will to all. No bust
ness man in High Point with trst-class
collateral or endorsement has ever failed
to get accommodation within the legal
limit at this bank. High Point Is in
debted in great measure for what it is
TODAY to this institution, for it stimu-
lated business along all lines and when
the manufacturing industries were in their
infancy, it carried them along with a
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

ia at this time which have been in con-
tinuous operation for longer period
than this one.
It's first board of directors consisted OF
w. H. Raglan, DR.. A. j. Sapp, j. A. Lind
say, w. P. Pickett and w. ]. Armfield,
and its first officers were: w. j. Arm
field. President; DR.. A. J. Sapp, Vice
President, and c. w. Worth. Cashier. On
November 1st, 1883. Mr. C. w. Worth
resigned the position of cashier to take
charge of the business o. Worth & Worth,
now The Worth Co., of Wilmington, and
e. M Armfield, the present cashier, was
elected to succeed him. In December,
1891, DR.. A. j. Sapp, the Vice President,
died, and Mr.. John A. Lindsay was elect
ed to succeed him, and still occupies the
position
The present board of directors is com
posed of j. A. Lindsay, capitalist and
Secretary and Treasurer of the Peoples
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

The National Bank of High Point, from
which have issued the numerous State
banks throughout central and Piedmont
North Carolina. in which the Armfelds
are interested, has thus been the parent
of great financial enterprises that have
accomplished as much as any other agency
in the building up of that part of the
State, and adding to its remarkable in
dustrial growth
And not a small factor in the marvel
Gus and well-nigh unprecedented develop
ment of High Point as the Grand Rapids
of the South, great manufacturing cen
ire, has been the National Bank of High
Point itself during its seven years of ex-
istence.
Eight years ago the population of High
Point was 2.1O0. Now it is $500. And the
bank has kept pace with the town. Would
it be too much to say that it has set
the pace? AS manufacturing town.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28
SOME CUSTOMERS.

Al list of the manufacturing concerns
that are customers of the bank includes
forty-nine, as follows American Lumber
Co., E. M. Armfield, President Carolina
manufacturing Company, Columbia Furni-
ture Co.. Continental Furniture Co, f.
NJ. Armfield. director; Eagle Furniture
Co.. High Point Brick Co.; High Point
Electric Power Co; High Point Furniture
Co. High Point Machine Works: High
Point Mantel & Table Co.. E. NJ. Arm
field. President; High Point Metallic
Bed Co; High Point Milling Co.. High
Point Overall Co, e. M. Armfleld. direc-
tor; High Point Show Case Works; High
Point Trunk & Bag Co.. High Point
Upholstering Co, E. M. Armfield, direc-
tor; High Point Veneering Co.; High
Point Novelty Works, Kitchen Cabinet
& Table Co.; Lindsay Chair Co, E. M.
Armfield, stakeholder: Lowe Trouser Co.,
E. NJ Armfield, director: National
Loung & Bed Spring Co.; Peerless Ma
chine Works; Piedmont Table CO.. f. NJ.
Armfeld stakeholder; Peoples Ice & Coal
Co. manufactures ice), r. NJ. Armfield.
stakeholder: Rankin Coffin & Casket Co,
e. NJ Armfield, director; Ritrubeny's
Shoe Factory; Smith Furniture Co. e. M.
Armfield, director; Snow Basket Co.;
Southern Chair Co.. Tate Furniture Co.;
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

other bank on the main line of the South
crn Railway between Charlotte and Dan
vile. In May 1902, the Secretary of the
Treasury of the United States designated
the bank as United States Depository
and the Treasurer of the United States
consequently carries a balance of $4,000
with the bank all the time. The bank
has paid $4,000 in cash dividends or
Ia per cent. on the paid IN capital
The bank solicits the accounts OF banks
individuals, firms and corporations. and
guarantees every facility and accommo-
6ation which their business and respon-
sibility warrant 1t also invites CORE
spondence from those seeking homes and
investments in It's section.
The statements of the bank have shown
successfully a gradual growth IN The
volume of business from year to year
until it now ranks with the very strongest
institutions OF its kind In the State. The
history of the banking business in the
State for the past ten years is history
Of the business development of the State,
and the growth of this institution has
more than kept pace with the wonderful
DEVELOPMENT of It's own and surrounding
communities n Wen-esIdDhSHeu paHh III
a community is a forerunner of manufac-
turing plants and other enterprises, and
it can be said that the success of many
of the industries OF High Point got its
first impetus from the National Bank of
High Point.
The statement of the bank at the close
Of business April 9th. 1908. was as fol-
lows:
RESOURCES.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

Lively and S. S. Moore. Vice Presidents;
j. X. Dorset, Cashier E. M. Armfield,
director. Capital $4,000. Just opened
for business.
BUILDING & LOAN ASSOCIATION.
Besides all these banks III which the
Armfeld are especially interested, Mr..
e. M. Armfield is President of the Peo-
Piles Building and Loan Association OF
fligh Point and j. A. Lindsay IS secreta-
ry and Treasurer The authorized capita!
stock is $1,OO0,O0O, and there are three
thousand shares in force.
This association encourages every man
to build his own home. That puts in
practice principle and fosters "a spirit
that makes strikes almost unheard of III
High Point.
COMBINED STATEMENT.
In order to give comprehensive idea
of the financial condition OF all the banks
in which the Armfelds are interested, we
publish below combined condensed state
ment Of those banks In all of them Mr..
w. J.. Armfield has served either as of
ficer or director ever since their organiza-
ton to the present time.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28
MR. w. J. ARMFIELD.

Mr. w j. Armfield, strangely enough
for prominent ffnancier. lives the life
of planter upon his ancestral farm, four
miles from High Point. 1t is an interest
ing fact that this land was grant to an
Armfield by Lord Granville. the only one
of the eight Lords Porprietors who did
not surrender his part of the Province of
Carolina to the King in 1929.
The History of Guilford county, N c..
by Sallie w. Stockard, contains the fol-
lowing from the books of the Register of
Deeds of Rowan county. from which
and Orange, Guilford county was erected
in ITO:
'In 1862 Granville granted William
Armfield $40 acres of land in st. Luke's
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

High Point is the wonder of all. even of
those most intimately associated with
its recent growth All kinds of furniture
are made from baby's cradle to coffin.
Upholstered chairs are made. BARRIERS
furniture, sideboards. chamber suits. The
list is too long to attempt to mention.
On May 31st. 1886, the National Bank
of High Point was opened for business.
with capital stock of $4,000. 1t sup
piled long-felt need in the community
and has enjoyed the full confidence of
ali classes of the people from the very
beginning In 1886. there was only. one
bank in Greensboro, two at Winston,
and none at Lexington. In fact there
are only twelve banks in the State out of
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-28

Union Furniture Co.; Victor Chair CO..
Alma Furniture Co.; Myrtle Furniture
Co; WEIGH Furniture Co.; Globe Home
Furniture Co.; High Point Bed Spring
Co.. Enterprise Table Works; High
Point Buggy Co.. High Point Mantel &
Crate Co.; Snow Lumber Co.; Tomlinson
Chair Manufacturing Co.; High Point
Chair Co.; w. p. Pickett K Co.; Ito
bacco manufacturers); N. c. wheel Co.;
High Point Pants Co.; Stehli & Co.
(silk mill: j. Il. Cox manufacturers
shuttle blocks and bobbins).