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The times dispatch. (Richmond, Va.) 1903-1914, June 02, 1903, Image 10

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PRESSURE
WASTOSELL
Few Buyers In Evidence on
Stock Exchange.
ST. PAUL STOCK WAS FIRM
This. Had Strengthening Influence, but
the Selling Went on Under Cover.
There Were Some Feverish
Rallies Near Close.
(By Aacnclnlcel Mess.)
NEW YORK, Juno l.-Tlie stock mar?
ket was still under pr.'^ur... n-elny "
Kiilti?? of some reslstniico i?y mo ?',"'
?-,? leaders notably St.? Paul, 'lho
movements In this stock recently have
nlmost served to dominate ? he- maike
so Hint It? f!rmiio?F tei-ilny naturalli lina
Tome effect on ?Miilmenl. Its inf iience
was modified, however, hy IHM?" ?ct
that selling was ?oing on el????? here 'in er
this c.vei' and also by tho usci'-tons t1 iftt
a large hear account was tAklrnJ profits
on tho long decline In St. Paul i;.y co***5T>
bur short contracts for ninny U>ounknd
shares Bhort covering Vvns also reported
In Rock Isniiil, but with less effect. 1 he
reports of damage by the noods affected
Hock Island and hnd n growing In flu
enee on ?Missouri Pacific. Atchlson and
Vii'lon Pacific. Missouri Pacific, nftor
offer? ni- some resistance to tno depres?
sion boen me tlie weakest stock amongst
the railroads late In the day und It sold
down '? 1-4 below Friday's closing level.
The gathering strength In tho wheat
nnd corn marketR, which was attributed
to tbe flood and weatliot news from tlio
West aggravated tho d?pression in tills
group of rnllrond stocks. There wns
renewed liquidation also In ? couplo of
stocks. In which Canndinn shareholde-rs nre
largely interested, most of tho selling
bolng 'attributed to orders received from
the Cannellati eitles. T??.??-Slieffield steel
was most conspicuously affected with a
drop of 5> 1-2 points, the^refcrreilloslnR
one. Twin City Rapid Transit, an extreme
S 1-1. Canndinn Pacific 3, Minneapolis,
St. Paul and Saul sto Marie 1 1-2 ami tho
preferred and Duluth, South Shore nnd
Atlantic preferred a point.
The Leather stocks were heavily sold,
apparonlv on account of dissatisfaction
with the' projected jilaft for distribution
if treasury assets to tlio preferred stock?
holders. Thu common stock fell 2 1-2 and
'he preferred C. Somo of the Inactivo
specialties also showed wide declines. This
evidence*? of continued pressure had a bud
effect on sentiment and kept buyers
out of the market. There Is a slight de?
mand for concessions and thoro Is much
current discussion of the investment re?
turn offered by dividend-paying stocks
on the declining range of prices. But
tho pressure to sell is renewed on nny
advance, as was evident In tho caso of
St. Paul. The same thing was apparent
on tbe rally In Amalgamated Copper,
which showed some evlefittico of sup?
port.
Thoro wore some feverish rallies just nt
the close, which linei inoro resemblance
to urgency on tho part o? tbo shorts
than anything thnt has appeared during
tho current decline.
Bonds were heavy In sympathy with
stocks. Total sales, par valu,? ??,???,
OOO. United .States bonds, wero all un?
changed on tho last call.
Total sales of stocks to-day were 623,400
shares.
MONEY AND EXCHANGE?CLOSE:
Money on call, firmer, at 2 1-2(0)3 per cent,;
highest, :i; closing, ?yg? 1-2; timo meiney,,
firm; sixty days, 4 per cent.; ninety days,
4; six months, 4 1-2(5?d; prime mercantilo
paper, 4 l-2*jjS 1-1; sterling exchange, firm,
with actual business In bankers' lilis, at
- $4:88.25 for demand and at S-?.hTi.lG for six?
ty days; posted rates, ?4.S5 l-2?i4.8ti nnd
?4.SS l-2'ii-1.89; commercial bills. JI.SI 7-8
(?1-1.85; bar silver, 53 1-4; Mexican dollars,
?
Wall Street Gossip.
(Special to The Times-Dispatch.)
NEW YOltK, Juiiu 1.?Consideirln? the citent
of tbe tliHiel damage, u? reported by the morning
paper?, tlie; itecllnus in opening quottlloUB un
tine Stock Exchange wero comparatively Binnll,
unti the stocke of emme of tho rem ils mo?t af?
fected showed ii tendency to rally In tbo be
lluf that luter estimates might prora flrat re
lK.ru to bo exaggerated.
8G. PAUL'S FRA?TIONAIi ADVANCE:
St. Paul was uotHblo In ?bowing a fractional
advance over Friday'- clone, and thero 1? re?,
?on to beiluve thut those who know uiOBt about
thin property ?re bulll-b on Ita outlook,
UNION PAOI1-IC:
Union Puclflc wa? comparatively strong on re?
porta that tlie beuelit? from the recent raine
will fur exceed any duiouge. Tlie property may
bare suffered from Hood? at certain pointa.
THE) STBEh ISSUES:
Steel lmur?, wore rather beary, and the room
was uiide-deleel au to whether there was genuina
liquieUetloii e?r a concentration tj* hear attack
at this ???? Son?.? thought both explanation?
he-l'l goad to ?romo eitcnt.
COPPEE POSITION NOT 8THONO:
'liiere wan tendency In unofficial circle? to
uriru? tbnt the? poeltloil of Copper ta not ?0
Btruug a? hull been Kiipponed, ?ml thut there)
uiaj be nome difficulty in keeping the mnrket
for the raetHl at Ita proaont lavul tor nny con
liderable length of timo.
ras FiiiST nouit:
In tho Writ hnur there win considerable Bell?
'ili by trader? em tim Hood dumaifo. und It wa?
ir-ued that while ?oma Block? hure reached a
????el at which they look attractive?, nothing could
lem tbe tlilo.it ll'|\iidiitie>nandtbut the? eh-wnward?
im tide of liquidation and that the- downward
lendency bad got to ?vear itself nut. Nnuvlth
itaodlng this pesslmlmi In l!,e room, there? ima
/a apj-anraiic?? of fhort i?,verliis by ?omo of thu
?ear? who expre??cd tt,o moot Bloomy vlwe?
If tbo ?ItnaUon. Trailer? ?old Bock Inlund on
lb? reported destroctloa e,f the rnud'e bridge?
Jt Hanaus City, but tbe ?tock met with Bom?
support. Some people think tba real liquida?
tion here hu? about end.'d.
GOOIi INYE8TMBNT DEMAND:
Kellalile advice? from London ?tute thnt there
1? ? good luTi-ktiiient tle-raunii for Union Pacific
couvertlt,!???, but that banker? nre eurprlaed nt
the appurently Inexhaustible ?ujiply from thl?
?Ida.
?:??p ??*??.??? swnvi:? htmbnothi
Tbe Urie?, purtle'iilurly the, ?eeond t.re'ferred,
bhiiwe-rt ?trength, and It wa? reinmled u- not
inipr??t,ul,le- thnt nut only nilxlit Iba ne?i reeelve
it? full dividend tbta eumtner, but thut lho
leee-iiel preferred might be ri.tlr??,!. On account
?.?( tbe iniinner in which tbl? lame.? I bald, It
?? ?,?,?.??,? retirement could ?aatly be arranged.
?.'ANADIAN ??G?G??:
Somo people, recently b*Alll?>i e,n I'aeudl-n
I'Bclrftc. now ?u.v that relatively to leading
??.,?'."-:, -? -l?.? Canadian no longer le,ok? pur
?Iculurly cheap,
nn: BKCONP iintrri:
III II,e second hour price? were.? rntliier trrcg
?lar. ? ufi inen? waa u rontluiiimcu e,f Uir
p-rnure ?n ? number of ?toe.???, ?vlile-h, however.
ppnerallj -)?,??i"l noma reti?Uncu. ?1?? buying
?roa, on the whole, appurently better than tu
leilli't'. and trame of ?he lending hear |i?tere?|
??v.-ri-l ?!..ri. In vor loll? ?tocln?.
III.AIi Afe-fil'NT IN V, I'. I
G? we? mid timi a bear acoonnt of rathe,
line?' proportion? In I'nlon Pacific I? In pro?,??
jf be-Ing covered. TI,,- April earning? of the
I0?d give general batl-fiirilon.
generally observed.
?HOMAS BRANCH & CO
(???? ULI HI IKD ??'?.)
MEMBERS
New York Stock Exchange.
New York Cotton Exchange.
PR?VATE WIRES TO
PRINCIPAL MARKETS.
Investment Securities.
I OFFICIAL RANGE AND SALE OF STOCKS IN NEW YORK
SALES: Open.
G?? ? morir?n Can com. 6
POO Amorican Can pfd. M*i
I?*) American Ora ss Twine
1'?) American Cotton Oil corn....
(WO ?lim-rlenn I.orotnotlve colli,,..
2"0 Am.-rlciiii lyiconiotlve pfd....
f-10 A tin.'rinila .
IfiOO Amcrlc.in Car and Foundry,.
WOO Amorlrnii Siisiir .
?-?*?. ?.. T. and Suite Ko mm.
2100 ?.. T. and ?Saule Fe pfd.
29500 Amalgamated Copper .........
1O6O0 Baltimore nnd Olilo.
(WOO Urooklvn Jlnpltl Transit.
22700 Cnnndlnn Pacifie .
1300 Chesnpr.-ike ami Olilo .
Cahadfl Southern .
1100 Colorado Southern com.
Colorado Southern 1st pfd_
ion Colorado Southern Id pfd.
3SG0? Chicago. Mil. and St. Prtlll...
47500 Chi., Rock Island nnd Pm:.,
1100 Colorado Fuel and Iron.
11>V Chicago (lient Wintern.
!?00 C. *C.? C. and St. I?ouls.
14.M Consolidated Ona .
17i? Delaware mid Hudson.
joum Kj-ic com ..'..:;.
8300 Erle ist pfd.
?WOO Erie 2d pfd .
SOO General Electric .
1210 Illinois'.Central .
16800 t-nnther ;.
JUSO Loulsvlllo nnd Nashville.
Itt70 Manhattan .
"-.??? Mi-tropolltnn .
3100 ?Mexican Central .
1*4
84
D0V4
.2-e
HlRh.
?
?\
S4
23
91
?Wj
8"
122--4
f>l%
Open. High.
Bji
?-K>$?$0^0?Oi6$*??0.^^
By Thomas Branch & Co, Bankers and Brokers.
Low. Clot?? , BALES:
'?KM? Missouri PfttlflO .
21t?i Mo.. Knn. nnd Texan com..
800 Jlo . Ken. and ToStlS pfd,.
3'?,? New Yorlt t'entrai.
????.? ? V.. Ont. and Western.,,.
HtiO Norfolk nnd Western.
J..4?? Pennsylvania .
;..i Pressed Stool Car.
Pressed Steel Cnf pfd.
Hoi People'?? Uns Trust.
1??<?? Reading com .
Rending 1st pfd.
tM
34
SfiU
13 IK.
71-s
94
5.1*
1239* 123?4
12t-U
HUM
34
IM
:185
1124
187
127%
SOU
185U
10 V,
113
137-i
127%
2-14
If-?".
134',?
? S
112
l.V.V.
1271,
23?.?
?ni
P4 '
."M,
S7tf
??l
iSl-tt
SS-H
07
IS?
G1U
???
ltO'ij
83?
07
?i'i'i
S7?i
1P0
170?
I12H
11.7
1271?;
1C-IH?
23%
12.1
120??,
!V.i.,
100
?sv?
loi'
K.ll',
tS?fi
23
r.i
12G?4"
2B?5
07
12014
K%
*!?!?%
47?
Rending 2d pfd.
IVO Itnpiiblle Iron and Steel com
Republic Iron and Steel pM....
14)1-1 Sloss .
t..?i St, I?. nini .Sin Francisco.
SOO St. 1. nini Smi Frail, 2d pfd,..
Sonbonnl Air Uno com.
Seaboard Air I.ine pfd.
:ttv St. G?. and Southwestern pfd.?
lr.tno Southern PnClflO .
??.1 Southern Railway rom.
200 Southern Railway pfd.
ioQ Tennessee Cool and Iron.
if?M Texas Pacific .
G?4?>? Villon raPl?o coin.
um Villon Pacific pfd.
13I-O.I PnltiMl Slates SI eel com.
fflm.1 ITnlted Stntes Steel pfd.
1??1 Vu.-Carolina Chem, corri.
Vn.-Carolina Chem. pfd.
inno Wabash com .
2f00 Wabash pfd .
700 Western Colon.
lit? Wisconsin Central......
HV Wisconsin Central pfd.
16
70'.<2
44
49->s
Wig
?k
2G,'.,
41?-,
15
?ii-i
2",".
?II'?
16
'?tJVi
?0
04V,
44
4SH
m
00
.'it'.',
304,
Mii
8M.C
:'.?>7?
So-"',
43?4?
IO'-i
4H4
CLOSING BOND QUOTATIONS.
U. S. refundios 2's, resisterei!. IOS H
t). S.reftindlng 2'?. coupon . 1 <**.?i
U. S. .Tn. registered. 107
U. a. 3"e. eouiKiti .-,. 107
II. S. New 4's. registered. 13"u?
0. S. N'en- 4's, coupon . l.V>%
0. S. old -fs, registered. lOO?
U. S. oltl 4's. coupon. lWi
t\ S. r.'s. registered. 102?,
G. s. tv?*, coupon. 102Uj
Affilinoli, genernl 4's . ??!*.
Atchlson, iidjiistment 4's . PO
Ilnltlitinre nnd Olilo 4's . 102
IlftltlDloro nntl Ohio ,'li-i's . P-t'i
Unitimi??? unti ?Hile feiiv. 4's. lOOty
Cnnirta Southern 2il's . IOS
(Vtitriil or (.enrgln ,Vs . 104T4
Centrnl of Ororirln 1st Ine. 74
Cliesaponke nnd Ohio 4?'?. 104<-1
Chicago find Alton .'I's's . 70
Chicago, B. nnd Qiilncy new 4's. 04?s
Chlcnga, . nnd.M St. l'uul gen. 4's. 100.
Chlengo nnd Northwestern con, ?
Cliton-ro. Hock Island nnd I'm'?
C. I'.. ('? mid St. l.ottls Ron. 4'B.
Chietino Ti-niiliinl 4's .
Coloritilo nnd Southern 4's.
fl?t?rer nnd Rio tiriiinle 4'e.
prior lien
Erie
orni 4'
.... t Worth nini D?hr?f city 1st ?
ItoCkliig Valley 4v-.'s .
Louisville nnd Nash. Unified 4'a..
Manhattan Consolldntotl gold 4'a..
Mexican Centriti 4'a .
Mexican Centrnl 1st Ine.
Minn, nml St. Louis 4's.
Missouri. Ken, nnd 'IVxns 4's.....
Missouri. Kan. nnd Texas 2ds ...
New Vork Centrnl gen, 3tt a
Now .lersey Central genernl ?.*?...
Xorthern PnelOC 4's .
Northern l'nelllc .Ts.
Norfolk and Western COB, 4s....
Heading (?onoriti 4's -.?
St. L. nud Iron Mountain con. f
102-H
183
102
72%
St. !.. nntl San Frnnol?"?'?
St, I/Mils Southwestern If
st. Loula Southwestern 2d'i
San Antonia nntl Arknnsii'
Sonlhern l'nelllc 4'a .
Southern Hallway n's _
Texas nini l'nelllc lst's ..
T.dedo. St. L. nntl Wcstel
Colon Pacific 4'e .
I'nlon Ptielilc conv. 4's...
Wtitillali lst's .
Wnhiish ?ill's .
Wnhnsli Hob. IPs .
West Shore 4'e .
Wheeling nnd Lake Krle -
Wisconsin Central 4'a ...
? ? min. nml Tobacco 4's .
(?..h.riiilo Fuel 4'e .
Hock Islnnd 4's .
Pennsylvania con? tic's...
M. and O.. collateral trust
Centrili of Georgia 2d Ine
Vlrglnln-Cnrolhi? Chemle.il
Virginia-Carolina Cbenilcal
and fermigli houses reported thnt there tras prac?
tically no business done for Hint center.
ST. LOUIS STRIKE SITCATION:
Private advices from St. l?onts report that the
teamsters have pone bnck to work nnd that the
frolcht handlers1 strike will probably be nettled
within tho week.
REAR CA-MPAION IN ?. It. T. I
IReaerta of a pending bear campaign ngalnst
Brooklyn ltnpltl Tranelt were current, but con?
servative Interests In the property rny they have
nothing to fear In or out of tlio market.
COVERING FT. PAUL SHOUTS:
Some of the buying of St. Pulii looked like
covering of shorts by the Waldorf-Astoria crowd.
EARLY AFTERNOON TRADING:
.Thn market became extremely dull in the
early afternoon and developed lltllf" feature of
Interest. Tito comparatively ?mull volume of
nales Indicated light local trading, and the holi?
day In Chicago ft.r tho election took away ?
food deal of business. Tills and the holiday In
?indnii gavo ? professional tono to tho trading.
UNITED STATES LEATHER:
The weakness In I'nlted States Leather pre?
ferred and common was acconipanled by the re
I?irt Hint tbe proposed new Ilnntielng wits not
acceptable tn some Important Interests, whose
consent would be necessary for Anything of the
kind. Tile preferred selling looked rather good.
STANDARD OIL PEOPLE BULLISH:
The Standard Oil Interest was cr-dlted with
fnlrly bullish sentiments on St. Pani, but Is
understood not to feel particularly sanguine
about the rest of the market. The support for
Union Pacific about S2 seemed to be well lor?
en ? I zed, and was credited to peonie In close
touch with tho conipnny'a ntTulrs. The earnings
were ? favorable factor.
STEADY SUPPL? OF S, R. :
There seemed to be a steady supply of South?
ern Hallway from small holders, among whom
the proposed new iltinncln** for the development
of the road Is looked upon with some alarm. In
view uf the already lnrge nmonnt of common
Btock proportionately to the preferred.
SLOSH AND CHEMICAL:
Sloss nnd Chemical were both very weak In
yesterday's trading, the former colng down to
42M,, the lowest prlre In nearly twelve months.
Chemical ngtiln reached 55. but soon rallied
to G.7.
RICHMOND STOCK MARKET.
Richmond, ?'a., June 1, 100.1.
SALES.
Richmond City 4'e?fu.400 at 100.
VlrRlnlfi-Cnrollna Chemical preferred?10
shares at 120.
Vlrglulu-Cnrollna Chemical common?3 ?hares
at nn.
STATE SECURITIES: Bid. Aaked.
North Carolina 4's. 0., 1010_ 303
Vn. 3'a, New. C. und R., 1083. 02? ...
Vn. Centuries, 2-3. (Tend It. 0SV4 ...
CITY SECURITIES.
Rich. City 4'a, R.. 1020-1030. 100 100-4
RAILROAD BONDS:
A. 0. L. of Conn. Cor. of Ind. 4'a.. 03% 04
Char.. Col. and Aug. 2d 7'a, 0... 112
Georgia. So. and Eia.. 1045. 114
?a. and Ala. Con. 6's. 1045. 110
Petersburg Cluss a B'a, R. 0. 114
Petersburg Class It O'a. R. C. 127
South-Bound 1st B'a, 1041. 110
S. A. L. Con. 1st 4's, 1050. 81 f>2
RAILROAD STOCKS: Par.
Atlantic Couat Line "A".100 125
Atlantic Const Line pfd.100 10S
Atlantic Count Line com.100 125
Norfolk nnd Western com.]<V) u7
H.. F. and ?, G???. Obli?.100 215 22.-.
Seaboard Air Line pfd.100 40
Seaboard Air Line com.loo 24
HANK AND TRl.'ST CO. STOCKS:
American Natlonul .]O0 ... 125U.
First National .100 2?0
Merchants National .100 800
Savings flunk of Richmond_23 ... 05
Southern Trust Co.100 112M. *...
Union Hunk of Richmond.50 l?J3Vi IrtSi^
Virginia Trust Co.100 ... 123
INSl'I?A IN'CH COMPANIES:
Vs. Fire and Marine.23 87% ...
MISCELLANEOUS;
Amer. Tob. Co, pfd.. ? p. c_100 ... 150
Ainitrlciin Locomotiva pfd.joo 01 0?
Consolidated Tub 4'? bonds_100 00
Va.-Car. Cheta, pfd., 8 p, c.100 120 122
Vm.-Carolina Chtmloal corn.100 50
Va.-Car. Chem. Col. Tr. 6'a. ?SV4
BALTIMORE STOCK MARKET.
BALTIMORE. MD., Jtiue 1.?Seaboard Air
.Ine common, 28*4, du. preferred, 40??41 T-i,.
ruinan! 4'?. <-f.i._ *;?}.'?0?.;.
COTTON MARKETS.
NEW YORK. ?fun.
;.em-.l <inti-t at ? de
?nee of ? polliti
belt
ne?t
roi?
"?? "? ??? I foi ln.r i?-?lil',i??. ?horu
covering I lb? H ? li *.?-i,dlr,g ,,ii-4-r? order?,
Which advai.re.] prie? ?Carpir ? ? 111 ? 1?-..?| ?????.|
in polnti it.,, t?.. clotiDg :..t in?-? had i,,,.?
uttiilnnj '.':?? n ?:.?-- .?.???? ? . ? ? ?,, ? ?,
by lb? room imd?*i mor? fatoral.lt --.????..,' t. re?
cast?, ni.-l i-riie? vier,- w-i. ? ?? ? ??. Bear1?
il,<- opening basi?.
Aln.o.t Iniu.edlaiely lt,?-r?. vn.? .!*.,\.rr rally,
however, on Ilio uiaamtt M tini? te? fat t/,.ii.r.
???' fit-.-lpu ?t l-a.lli,K point. Irti
alight Impror
?"??)?. In addition to ti.i, np'.rt,
Viete hi-uvy. und although Ih?,
ugnili gr-iitly eicu-ded lusl year'?,
able eros, lull, proved '!.?? tltrtj It
price, belili; rapidly f on-.-1 lit) Ul ?
of 4'.'?J (???Int? ?a? apparent wl
?tiling to lo.lb. Uwblri? a Mr? ?
lb? t.-ii?ou. From itila il.? re vi..
tlon under rtnind protll taking, la
?a? finally ?t.-ady nt net ? r,
un advuuee of 17 (?Muta.
Tolal hale? fuiurt?. t->i|i*.i.t?d ?t
Cotton future? o'*i.etJ ?,.?, ? ftT,,| ,?,?,?
?tuutly:
Open. Jllgb. \a,?. i .-.*??
Juno .II li 11.14 l? 11 il 10
July.11.12 11.21 : ?? '|? :e,
Augu?t .10 (?? 10 t:' ! . ?:', li,
?epi?inber . .10 ?al 10 Ib H ... ??,
October .0.57 b 00 :? :.? ?,
N'ovumber -. , b 40 :? '? ? j ?2 ?,,
I'.n-mU-r _ b 41 -.. ! ?.-,'. f,
January . H 47 '. .-., . , ? ?,,
Spot oo t ton uulet, 20 poluu I ? . ??: :
iil'liuii,., 11,00; ujtddilug , ? .....
300 balee: gros?. ?OS bale?; anles. 300 bnlps;
stock, 170,155 tinlea.
Totnl to-day nt all BenportB^Net receipt?,
fi,411 bale?; export to Ureut Britain, 4,017 bales;
to the Coiiiluout, 1S.851 bales.
Consolidated nt all eeaporte?Net receipts.
10.625 bale??; cxiwrt to Orent llrttalii, 4.017
bnlfa; to tho Continent, 28.388 bale?.
Totnl aine??? September let at all Bonport??Net
receipts, 7,555,409 bules; export to Grout
Urltaln, 2.700.S25 bale?; to Franca. 700,802
bnles; to the Continent, 2,733,1102 bales; to
Japan, 13T?,100 bules.
NEW CHILEANS. Juno 1_COTTON?In tbe
spot cotton market there wns comparatively
llttlo doing. The future mnrket wae? dull and
llfeles?. After the first hour the ring wue al?
most deserted, At the opening reports of win?
ter.?? went her in the belt. In clillllnes? In the
air of New Orleans sent prices up. The dull?
ness wae caused by thu holiday in tbe Liver?
pool mnrket. but tlio desire of traders generally
to wiiit for tbe Issuance of the Iirst govern?
ment report on the conditions of the crop and
by ? general uncertainty caused by tin- nctlou
of the bull clique,*1 which up to now huel been
fiercely iiggre-sslve.
All conditions to-dny apparently favored tho
bear side. M'hlle- June wns down 10 points at
tlie close eonipnrd with Friday's closing price,
tin? balance eif tho list showed net gains. July
?vus up 2 points, Agust 4 and the ne?v crop
months ]0'G?12 points.
Cotton futures: June. 12.00; July, 12.30*2)
12.3S; August, ll.K4<Ull.S5; September, .10.37(3
10.38; October. lUi.ViC.i.oO; November, D.3(P(C
0.3S; December, 8.38(30.30; January, 0.38(ij?0.3U.
PRODUCE MARKETS.
NEW YOKIC, June l.--FLOril?Quiet, but
firmer; winter patents. $3.70(34: Minnesota pu
tent, $4.10*(H.40. live Flour?Quiet : eood, $2.80
(33.20. Ominen 1?I Inn; yellow ?vis'irii, $10.70.
lty??Stendy; No. 2 Western, fiUVie. Hurley?
Dull; f.ling, 51c.
Wheat?Spot firm; No. 2 red. nomlnnl. Op?
tions?The seiiRntlonul character of Southwest?
ern fle.nl news to-elur caused a 2 cents advance
in when I and occasioned u brisk Bpcculatlre
trade nil day. Shorts were large buyers until
near the close, when realizing checked the rise.
Lastp rices were S Viyi1).??. net higher. Jnly
closed at S0?t,c. ; September, ~1%C ; Decem?
ber, 7cS.
Corn?Spot firm; o.\\ 2, 67V?c. Option mar?
ket was unusually active nnd strong r,n cover:
lug; due to fe?ra e,f extensive damage l,y floods,
closing 2He. higher. July closed at 55V4c. ; Sep?
tember, S314C. Oflts?Firm: No. 2, ao-tic. Op?
tion? dull, but nominally higher on bullish flood
news.
nccf?Dull at $IO*??l0.50; beef hnme, $10.50*.-;
21. Cut Meats?Quiet; pickled bellies. 8???
10'?_.c; plekle.1 ?boulders. 8V4ii S Oie; pickled
bams, U??(f?U??,c. Lard?Dull; Western
steamed. $9.15; refined, stendy: compound, -$7.75.
Pork?Stende; family. ?10; ?bort clear, ils*,}
111.50; inen. $1S.25*?? 18.75.
Butter?Firm ; extra creamery, 22c.; Stute
dairy, 111132*0. Cheese?Quiet; Stute. full
crenm. fnney small, colored, 10%?-.; small whlto,
10*-?,c. Egg??Irregular; nearby extrua, 17%?
lc9.; nearby firsts, 15?*?*?{1?>??.
Tuliow?Imll; city ($2 per package), 5c;
country (puckageac free), ?????'?a? Iloslii?
Steady; ?trulneel. ceiinmein to gooel, 50%c. Tur?
pentine?Quiet at 40V-*iif>0c. Hire?Firm; do?
me-stir, fair to extra, 4Vi<??7c.; .Tupan, nominal.
M.?!:,-???. Sei-Hiiv; New Orleans, open kettle,
good to choice, $8.10.
Coffee?The? rnurket for coffee futures opened
dull at unchanged prices. Later, however, tbe
market titrued easier and closed steady at un?
changed prices to a ecllno of 0 points. Sales,
29,500 bugs. Spot Ilio, steady; No. 7 invoice,
6%C,? mtld. eusy; Cordova, 7"/?'?tl2c. Sugar?
Raw?Steady' fair refining. 3Hc.; cenlrifugul,
?>0 test, V,'v,c.\ molaase? augur, 2 15-10?.; refined;
dull; confectioners' A, $1.70; mould A. $5.10;
cut i'jat and crushed. $5.45; powdereil, ?4.05;
granulated, $4.85: cubes, $5.10.
Potatoes?New Southern, $3.50(?4; old prime,
$2?;2.25; Jersev swi'i-t?, ba?ketB, $1*31.25. Pea?
nuts?Steady; "fancy handpickeel, 4y**??4V,c.;
oth-r domestic- 2ai*34c. Cabbages?Steady;
Norfolk, $1*31.87, Cotb?n?By Btenmtr to Llr
erpool, 12c.
BALTIMORE. MD., June l.?FLOUIl?Quiet
anil price? unchanged. Winter patent, $8,85(24;
?ping patent. $4.25*c*.4.60. Wheat?Inactivo
?nd higher. Spot, 81 %*?,?>2c.: June, 81 Vic. ask?
ed.; Southern by sample, 78??M2,'. Corn?Strong;
?lot, 539,'(?Me.?. June, 52M,'(i62-/,e.; Southern
whit? corn. 4*>*?54M,c. Onta?Firmer; No. 2
whit?. 41V?*a42<?? hyp -Dull; No. 2, 56c. But?
ter? rirm and uvebanged; fancy Imitation, BUtfj,
2oc; fanev cre-uinVry, '?'?''f.'?'.<:.; fancy ladlo, 17*1*.'
l**c. Egg?--Firm and unchanged; fresh, 15c.
Che**??-Weak nd lower; Urge, 11% (?212c. I
-mail 12Vt*'?l2lKc. Sugar?Firm auel uncbung
edj c?urau g'ranuluteel, (A.00Vi; atte. ?n.bOV?.
RICHMOND GRAIN MARKET.
Itlcbmond, Va., Juna 1, 1003.
QUOTATIONS.
WHEAT?
Unigberry . 82 ?it?
Mixed. 82 (Ji,B3
BbortUrrr . 62 *?(o3
No. 2 red . 88
Va. bug lota . 75 ?K2
COItN?
Whit? (Va.) bag lot?. 63 {?57
No. 2 wlilt? . 60
Nu. 8 whit? . 63
Nu. 2 u.:?,?<! .63
oS. 3 mixed . 64
OA'IK -
Ko, 2 uiliM . 87%
No. 8 mixed . 87
UVE . 63
CATTLE MARKET.
ClllCAOO. ILL,. June? ).?CATTI.B --Market
I',':'I.V. e,lg!,.,r. Good to prim? ?M-urs, Il.tioy?
t,.t/>: ?im.. tl.ttO?t4.1b; calve-?, $2.50<iiU.75.
HoKM?HtnibX to IOC. higher. Mixed ami biil.-b
*???, |?.(veci?,?*. 15; ge*-?l 10 cb'dce heavy, 4112?,e,j
tJ.85. .? ? ? ?, .??? ?! ??? and higher; iamb? uctlve
?nd blgiicr. (jexxl lo ?lAle-e Wetbtr?, $I.O0<ai
525; native lamb?, $42-',?17.*?5.
NEW VI1ICK. June? 1..-llBKVI.lt -?leer?, $.',?(,
?j , ? ... jt ?Wr-4; ?Hire?, tutti?, $?*??7; mixed
??I??-? ?l 7.'/'(?5 <V<- HlKiep and Ijiml? Sbeeii,
1 ? ;*,. luie.l?, %t'a*> 5"? lie-g? ?1'eiiiiaylvuiiiu
ai.'/Klat?? b-'g?, \'i .i'.'iiHt,'!.
BAUT I.I 11L HT V. PA., June 1,? ?ATTLE?
hua*)/. ci.-'le.?..'. $5. Wit 1?. 40; prime, $,?>*a5?2?;
g'-i*l, |l75?xl u.'?. H"g? Adire. I'rlum beujy.
iti Mila iD; *j.*dluii,<?. talt?Ua.M; ?,.-avy yeirl?
,.,, .1.4 llgl.l, l?/4UitO.V); roiigb?, $.4e(in.
Idie.-.er P.*??! .??Ihn?, $?! |ii'(i4.00; culla
? . . |l w.'ii'lt.ty, 11..I1?,? lamb?, $5.75(|J
... . ..1 ?*,..,. I?. .y,'-?7 25.
I INI l.VN'A'IJ, ".. Jem?? 1 IHHiri Aellre und
???'- /. il ? ':5'??'i '?: l'ull?" A'Ilie ui.el blgbei
il l? ?, a 1 -.-,, W.?ep >ii^,.,l> at ?2 2i'iil
Utili? ?ItttAf .?l **.75V.7.??:??.
MISCELLA?IEOUS MARKETS.
l'i.Afcit and ??:a .M.'.iii;i:r.
..:,??.;: VA J?;,." 1 -n,w iA?i,ut market
, ,? ??, ??* 'lb? our ''' ?'.:?- lu prlii?? :?
ie.it,;.i. IMI*, -?l.l'i. ),are dio|.[,irt In price to
7??.,. 1 l-,.vt.?l '?1.1 prl'.*??,.?. folk,?*.: i
r*i*t, nti?t ?? 8* ? tui'iiy fiiiai., '?%c.\
?'.?f*, '?Wk, to* *'?*-??< ??A'?- -e-BCbiu? 4Uk.1l,
2'-l2V,o.; Spanish, 77V4c. per bushel. Blackeye
peas, ?2.2G? bag; ' bliit-U and speckle, pens, $1;
clay nnd rod peas, Stlc. I'eamit li.'ign 111 bales
US in.. 7 1-lOc.
PETDIiSIlUR?. VA., Juno 1.?-PEANUTS?
Spanish, new, market very linn at 77U|C; sellers
usklug more. Virginia's?Quiet at 8e.
DRY GOODS MARKET.
NEW YOHIC. June 1.?Tbe dry goods market
does not opon very briskly after the holiday.
Buyers are operating conservatively, and al?
though they are accepting the neiv level ot
prices ne warranted by tbe conditions, they nro
not ordering with any degree of fretti mo. Thu
Jobber 1? receiving only a moderate ?tore trade
and reports uot bright for the near tuturc.
NAVAL STORES.
WILMINGTON, N. 0.. June 1.?HPIHITS
?1?11????????Steady nt 45c; receipts, 45
casks. Husln?Firm at $1.70; receipt?, 54 ."?bar?
rels. Crudo Turpentine?Quiet at $2(($3.2.*> und
$3.60; receipts; 24li barrels. Tar?Finn nt $1.03;
receipt!!, 40 barrels.
SAVANNAH. OA., .Time 1.?TURPENTINE?
Steady at 45Vic.; receipts. 4SI casks; receipt?,
300 cask?; exports, 4,412 i-itske. Rositi?Firm;
receipt?. 1,503 barrels; Bales, 2,141 burrcbi; ex?
ports, 7,102 barrels.
CHARLESTON, 8. C. June 1.??TURPEN?
TINE?Nothing doing. Ih.slu?Steady.
COTTONSEED OIL MARKET.
NEW YORK. Juno 1.?Cottonseed oil wus
moderately activo and steady at oltl Hgiires.
Prime crude, f. o. b. mills. 34 O 35 Vii e.; prime
slimmer yellow, 4Uc; off eutuincr yellow, ??(?
t'Sc. ; prime whlto, 4UU17c. ; prime winter yel?
low, 4UiU47c; prime meal, .*27'it27.50 nominili.
MARINE INTELLIGENCE.
PORT OF RICHMOND, JUNE 1, 1003.
ARRIVED.
Steamer Brandon, Rhodes. Norfolk, merchan?
dise uud pUBBengera, Old Dominion line.
Tug Riidlnut, Baltimore, two barges of oil,
Stnndurd Oil Co.
Barge Mary S. Bruily, Kelson, Perryvlllo, coal,
E. P. Murphy Si Sou.
Barge Uleiiwood. Guy Brothers, Baltimore,
coni, S. U. Huwes & Co.
Steumer Y'emusaee, Simmons, Philadelphia,
Fa., merchandise und passenger?, Clyde Hue.
SAILED.
Steamer Brandon, Rhodes, Norfolk, merchan?
dise and passengers, Old Dominion line.
Steamer Pocahontas, Groves, Norfolk and
Jumes River lauding?, merchandise und pnssen
geru, VtTgltilti Navigation Co.
Tug ltnilli.nl. Baltimore, two oil bnrgeu,
Stuiiilartl Oil C-o.
Schooner II. T. liencham. Tuli, James River,
railroad ties. ?
PORT OF WEST POINT, JUNE 1, 1003.
ARRIVE?.
Danville, Courtney, Bultlmore, passengers and
geuerul cargo.
SAILED.
.Danville, Courtney, Baltimore, passengers uud
gelielal cargo.
PORT NEWPORT NEWS, JUNE 1, 1008.
ARRIVED.
Schooner Clifford ?T. Carver, Provldenco,
Steamer Sylvluna, London.
Baigli Essex, Hampton Honda.
Schooner Edgar ('. Ross, Ilultltnore.
Barge Knickerbocker, Providence.
Schooner Clifford M. Curvur, Providence.
MR. MAYO PURCHASES
ANOTHER PICTURE
Mr. P. II. Mayo botiffht at the Art
Club, exhibit the celebrated ploturo,
"nomlnlscencea," by -?. ?\G. Buliler, of
Bouton. This makes tlio fourth picture
bought by Mr. Mayo.
Tlio club .?appreciates ^tho Intereat nf
Mr. ?Mayo In tho matter greatly.
Tlio pictures were all packed yesterday
nnd the event, one of tho best over held,
wan at nn end.
?iipi u
SOUTHER?
13-9 H MON
ISOLD IN TIUIN'LOADS.
L WILLIAMS & SONS
RANKERS,
Dealer? tn RICHMOND. VA.,
SOUTHERN INVESTMENT
SECURITIES.
MUNICIPAL? BONDS A SPECIALTY.
Correspondence Invited.
CURVES ARE
ALL CUT OUT
New Track of Southern Road
is Straight Line.
WORK IS BEING PUSHED
Representative Hay Talks About Na?
tional Politics?Gallant Act of a Vir?
ginia Gentleman Recalled by a
Letter from Abroad.
The Timos-muntiteli Burean,
1417 O Streot, N. \V?
Washington; D. '.., June 1st.
Tho work of double-tracking the South?
ern rood between Alexandria nnil Orango
Is being pushed along ns faut a? tlio con?
tractors, with large forces of lintids, con
punii it. Tbo rails have boen Inld about
half the dislalico bet-ween Alexandrin
mid Mimasses, nnd trains will be handled
on a double track between Alexandria
and Manassas Junction before the pres?
ent summer ?ball bnvo passed;
The new Une between these points will
bo as nearly an air line as It Is possible
for It to be muele across ? country so
full of hills and Valleys. The englneer
Ing Is nothing short of a distinctive
triumph In the nillrond builders' art be?
tween those points. As ono who lins\nny
Iden of railroad engineering passes
through this section nnd views the pros?
ent line in comparison with tho now
one, ho renllzes whnt strides have boen
nitido In railroad engineering since the
old -Virginia Midland wns built. Riding
along on tho present grade, Ilrst one
finds himself on a level with tho now
ono. then he finds himself ns high as
an usual length telegraph pole above It,
and in a little distance ho Is ns far be?
low It as he Just wan above It, nnd so It
Is every few miles between Alexandria
and Manassas. Meanwhile the new
grade has ellmlnnted tho curves, and
with only tbe general slope of the coun?
try as a grnde, runs through hills. Is
tilled or bridged over hollows, nnd In
short curves about as nenr bf-lng up to:
Frederick the Great's Idea of a railroad? ?
a straight line?as tho conformity of the
country will permit. Summing It up. the
engineering seems to bo About as fine an
example of/railroad engineering na ono
may hope to see, When the work Is
completed and the finishing touches nro
put on, Southern trains will glide Into
Washington as If on the wings of tho
wind. All heavy grades will have been
eliminated, all dangerous nnd Jolting
curves will be left on the old road-bed,
nnd with a clear track showing In tlie
semaphore, tho Southern traveler can
find the acme of comfort there.
The work between Mnnnssas and
Ornnge Is not so far advanced, but It Is
bolng prosecuted with a degree of energy
which betokens an early completion of
the work. The present location Is a very
good one between these points, the topo,
graphy of tho country through which It
passes being such that curves and grades
wore practically eliminated whon the
present line was built. A few cures will
be made with straight lines and a few
grades converted Into Iwel stretches, but
for the most part the work will consist
of a simple paralleling of the present
track. When that ls completed the con?
gested trafile between Orange and Wash?
ington will be relieved, nnd tho South
will be moved at least an hour closer to
the national capital by tbe operation.
After the work ls finished between
Orango and Washington the Southern
will Jump over a link and go further
South to relieve nnother congested dis?
trict by nddlng the second track. Tho
double-tracking of this road and the
Washington Southern means better train
service and Insures to Southern Vir?
ginia and North Carolina all tho com?
forts of, modern railroad building when
they travel It. Thus the work becomes
none the less Important to the traveling
public than to tho railroads themselves.
MR. KAY'S VIEWS.
Represen tatlvo Hay carne down to
Washington Sunday evonlng and spent
to-dny hero 'looking after some minor
matters among the departments. This
ovonlng he and his law partner, George
!.. Browning, went to Harrlsonburg,
where thoy have somo cases pending be?
fore, the United States court, Judge Mo
Dowoll presiding. Among tho things Mr.
Hay did while here was to seo the Post
office Department and ask for tlio es?
tablishment of post?nicos at Massunultu
Springs, Roelklngham e-ounty, and at
Mt. Vernon, Greene county. Ho also at?
tended to sending out somo publications,
from lho Cousus office to some of his con?
stituents.
Discussing national politics for Tho
Tlmes-Dlspateh, Mr. Hay said:
"I think it la too early yet to make a
guess as to who tho Democrats will
Choose to lead them in 1001. As matters
are constituted, It lookb as If G<?nniin
und Parker aro tho favoritos to-day, but
thut doesn't necessarily moan that thoy
will c-orillnue to bo. But It may bo de?
pended on thut neither Bryan nor Cleve?
land will bo tho nominee. It would bo
folly to nominato either ono of
thorn. What the Democrats want
ls a good, conservative lender,
une who can command tho confi?
dence of both capital and labor. With
those f-unlitles to back the loader wo
cimoso, I soon no reason why wo cannot
win In 1004.
"I think that Domocraoy will be re?
habilitated under tho wise and conser?
vativo leadership of Henatur aorinan and
John Sharp Williams. I think Williams
ls a? good a leader as we could hopo io
get or could oxpect, and wo all know
Gorman's qualities too woll to discuss
, thorn. I look for a rejuvenation of the
party and lier ultimate asoenuancy. With
an old-lime platform to stind on, Demo?
cracy's chances will brighten everywhere.
TO VISIT AMERICA.
Judge AVllllam G. Rtley, ox-consul-gon
oral to Cairo, Egypt, who Is known
throughout tho length and breadtli of
Virginia, has received a letter from on
Knglloh ludy whom, as a child, ho rcs
e'ueil from a watory gravo In the Indian
ocean, It reads:
"London, Eng., April Cth, 1003.
"Hon. W. G. Rlley,
"Washington, U. S. A?'.
"Sir,?My husband, I and three children'
and nurso ?vili leavo here on tho tenth
of Muy to visit America, anil hopa to
mnko tho entire continent before pur
return,
"I wrote you ono yoar ugo und received
your beautiful letter In reply. My hus?
band, Colonel SummervUle, has boen re?
tired from the army in India, with the
rank of colonel.
"I havo always felt grateful to you
for saving my li{? ?-? tho -'u1luu ocean in
1S71!. You uro still In Wellington, tho
capital, of your country, whore I hope to
moot you.
In tolling tlio incident Ut The Times
FINANCIAL.
MERCHANTS NATIONAL BANK
Capital,.? , , , , $200,000.00
Surplus and Undivided Profits, , . $628,852.94
Deeignated State, United States and City Depository.
?^g? Collections a Specialty, ^ff1
Largest Bank Depository South of Baltimore.
JOHN P. BRANCH, President JOHN H GLENN, Cnsti'lsr.
JOHN K. BRANCH. Vice President
Dispatch correspondent, Judge Bloly said.
"The author of thin litter wns secured:
by me In 1870, In tho Indian Oceani sho
being then but four years old. Ilnvlng
ombnrked on the ship Cashmere, one of
the Pen?nsula and Oriental line for my
post of duty as consul to Afrlon, I wn?
In'-oduced to a number of British offi?
cers returning to their commands at Bom?
bay and Calcutta from Briglftliil.
"Among tho pnssengors wero Colonel
nnd Mrs. Proston, the father nnd mother
of this child. Thn ?hip passed through
Cnpn Oardaflre from the lied Sea the
night beforo Into the Indian Ocean. I rose
early, and having fixed my tollot, wont
on deck, nnd began rending "Innocents
Abroad." Soon a nurso enme with the
child, I wns nfterwnnls to rescue. The
baby came to mo and wanted to see the
pictures in my "book. Sho soon tired of
that nnd went hnej. by the giinwhnlcr of
Ilio ship where shr leaned out over the
railing to wiidh tho tonthory tide, ?
sudden lurch threw her overboard Into the
sen. Instinct Vi-ely 1 nn aft, leaped the
stern, clearing the screw nnd soon hud
the child In my nrms. The news was noon
wafted Troni stem to stem that we were
OVcrb?ard. The passengers nil rur-hed to
the deck In their night togs, nntl by thnt
time we were one-fourth of a mile astern
of the ship. A life boat was mnnneil nnd
sent to our rescue. Beforo the ship could
he stopped nnd wero riachod by the life?
boat we wero half a mile astern. It wn.?
nn exciting moment to nil on board to see
whether we would sink before rescue
would come or not. All ended well and
the child nnd I were brought bark on
l'onrd. Soon the purser approached me
nnd wanted to know my rinunciai condi?
tion nt the rf?most of Colonel Preston. I
told him I wna poor, like all southern
gentlemen, hut would never be sutllolonl
ly poor t*i noorpt compensation for the
performance of ? gnllnnt nel. I was offer?
ed G.,??? pounds English money, hut re?
fused It. Afterward Colonel Preston left
It to mo In a spedile legacy] but the as?
sets of the estate wore exhausted bofore
I got It.
"Having been divested of my State and
national pride I placed a copy of the
will In the hands of Binine, then Secre?
tary of State. The daughter is wealthy,
and If she were to tender me the amount
now I would surely accept It."
a
Property Transfers.
Hlchmond?- Hebnstran Kustcrer to Jonerh
Kustorer, 191,J feet on east side of Bel
VJflere Street, between Main and Ciry
Streots, 1R foot on eimt side of Bolvldt-ie
btreet, between Main and Cary and 4>
feet on north side Cary Street, northeast
corner Belvldere, $C.
Howard S. Hosier? and wife to T. IX
Davidson. 25 feet on north sido Ashland
Street, 375 6-12 feet west of Reservoir.
$1!V0.
John B. Haines and wife to Virginia
II. Vuughnn, 27 feet on west side of Sev?
enth Street, between Clay and Leigh,
No. 510. J3.500.
Charles H. Phillips and wife to G-eorre
B. Hutchlngs, 25 feet on north side of
Parrk Avenue, 191 10-12 feet west of Har?
rison. $7,000.
William J. Westwood to Julius D. Ward.
2i feet on north side ? Street, 1-10 feet
east of Twenty-eighth, WOO.
Henrlco?J. Thompson Urown and Ivroy
E. Brown and their wives to O. G. Story,
82 feet on east side of Doolev Avenue, be?
tween Floyd and Main Stri-ets, $1,025.
Old Dominion Building nnd Loon Asso?
ciation to Ben. Stlth. 25 feet on south side
of Moore Street, southwest corner of Dln
neen, $175.
Edwin Pleasant? and wife and Edwin
Pleasnnts trustee, to W. T. Clark, 30 fc-t
on west side of Thlrty-ueeon-? Street. 120
feet south of Leigh. $375.
Boni Estate Security Co. to B. J. Cot
lirell. 20 feet on north s'de of Ornhim
Street. 20 feet west of Totrpklns, $4?X>.
? Same to E. J. Tuck. 20 feet on n'irth
side of Grnham Street. 20 feet west of
Tompklns, $500.
W. L. 81ms to Mnrv M. Sims, his
wife. 252 feet on Mnln Street, southeait
corner ???? and IVI feet on west s'de of
Lombardy Street, 130 feet south of Main,
$5.
Mnry M. nnd W. !.. Sims to J. Wirt
Hancock, 30 feet on Main Street, south
oast corner Vine, ??1.050.
E. J. Tuck's trustee to Heal Estate f.e
eurltv Co., 20 feet, on north side Graham
Stree't, 20 feot west of Tompklns, $490.
Virginia Conference Orphanage of the
Methodist Episcopal Church. South, to
John P. Branch. 12.34 acres on the. R;,
V. & P. Railroad and the Boulevard.
$0,000.
ANNIVERSARY OF
ORPHAN ASYLUM
A Most Interesting Occasion
1 There Sunday Afternoon.
The Richmond Mnlo Orphan Asylum,
ono of tho oldest and best known chari?
table Institutions in the city, celeb ruled
the fifty-seventh annlvt rsiry of its found_
Ing Siipday afternoon :ii .5 o'clock at Uiu
orphanage, on Amelia, between Carter
end Meadow Stre<-ls. Addresses were
made by Mr. John L', Williams, prosi-1
dent of the Institution; Dr. S. C. Mitchell,
of Richmond College, nnd Mr. ?, B.
Minor, one of tho founders, and the lads
at the Institution contributed music to
tlio programme,
Mrs. Joseph R. GUI, superintendent "of
the Institution, was genorally commeiiled
nnd congratulated on tho work of tho
orphanage, all of the speakers referring
to her In Iho most complimentary man?
ner. There are forty-seven boys In tho
Institution, nnd thoy woro their best bibs
and tuckers on tills nusplclous occasion,
and conducted themselves In ludi a man?
ner as to ninko the officials of the or
phnnnge proud of them.
The evening's exercises began with the
singing of a hymn by the boys, followed
bv prayer by It'iv. J. B. Cook and Scrip?
ture reading by Rev. Georgo Cooper, 1.?
D.
The report of President Wllllnrns
showed thnt five boy? have boon ad?
mitted to the orphanage; two delivered
to tho custody of friends, und homes
found for six, leaving forty-seven In the
Institution, The spenker commended tho
work of tlio superintendent, nnd espe?
cially the moulding of the characters of
tho boys under hor charge. The health
of tho boys has been uiniuually good.
Rev. Dr. George Cooper spoke briefly,
commending the work of the orpliiinago
and tho practical good that was being
nrcnmpllBhed thero, not only In provid?
ing for tho physical necessities, but in
the mental and moral uplifting of the
lads upder Mrs. Gill's management.
Tbo principal ndilvoss of the occnslon
was thnt by Professor S. C. Mitchell,
who epoko on "Courage." which ho char?
acterized ns the mother of virtues, Tho
speaker defined courage as equivalent lo
manhood mid Inclusive of all tho other
virtues?truthfulness and patriotism and
others. He admonished the boys to be
courageous, and thus make their lives
manly and truthful and strong." Tho
speaker stated that ho knew t'iQ reputa?
tion of tho Institution, though lie had
never beforo visited It. Ills afmntloii hail
finit been called to ? by ono of Its foun?
ders, Mr. ?. B. Minor.
Mr. Minor, u lifelong friend of tlio
C.W. Branch & Co,
BANKERS and BROKERS
Members of Now York Cotton Ex
chango an J Chicago '?oird jt Trail
Now York Correspondents?
LADENBURG, THAUMANN & CO
PRINCE ?St WHITLEY, '
LEHMAN BROS.
(NEW YORK,
Private Wires to I BOSTON,
f CHICAGO.'
business tm
PERSONAL ACCOUNTS
SOLICITED BY
THE <
State Bank
OF VIRGINIA,
HM E. Main St..
Richmond, Va.
Bankers and Brokers
1114 E. Main St., Richmond, Va
Private Wires to Principal Points.
Correspondents?-W. E. WOODEND. &
CO., Members Mew York Consolidated
Stock Exchange..
Correspondence Invited.
RICHARD W. MAURY,
BANKER AMD BROKER.
1015 E. Main St. Richmond, Va
Bonds and Stocks Bought and Sold
(or Cash or Carried on the Most
Favorable Terms.
Investment Securities a Speoialty.
'Phone 3??.
orphanage, and one of Its honorary- trus?
tees,? ?poke briefly. In prosentlng to the
boys a set f,f astronomical Instruments,
lie? also encouraged luiture study by the
boys. ,
Y. M. C. A. MOONLIGHT
The First ofthe Season Will Go Down
Next Tuesday.
Tho seventh annual moonlight excur?
sion of the Young Men's- Christian As?
sociation will take placo next Tuesduy
night, Juno Oth. It Is their first trip
thin season. The steamer Pooahontae
? ill leave the wharf at 8:80 P. M.
Tho excursion will be managed by a
1,-irgu committee of members, of which
Mr. C. G. Taylor ls chijjrman; Mr. John
Muckte secretary. The; tickets will bo
as heretofore?gentlemen BO cents and
Indies 2.1 cents. They can bo Becured at
the building or prominent drug stores.
During past seasons they always carried
good crowds. In sneaking of them, a
gentleman B;i?'3 Saturday, "I like to go
because there Is a congenial crowd and
a chanco for rest, Thero Is no set pro?
gramme or ?tiff arrangement; everybody
feels at home, and the? best refreshment?
are served.'.'
Refrigerators,
Go-Carts,
Matting',
Furniture at
the Smallest
Prices Ever
Known, and
On Special
Terms of
CREDIT
No Notes,
No Interest.
7 and 9 W, Broad St.
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