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The times dispatch. (Richmond, Va.) 1903-1914, June 12, 1903, Image 9

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Persistent link: http://chroniclingamerica.loc.gov/lccn/sn85038615/1903-06-12/ed-1/seq-9/

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BEARS WERE
I?MPANIC
Wild Scramble for Cover at
Opening of Market.
MANY BUYING ORDERS
Simultaneous Transactions in M an
Thousand Shares Wero Made at
Widely Divergent Prices?Little
lo Explain. Movement.
.,_ _ Uly Associli ted Press. "I
riEW YORK. Juno ?.?Thero w?s a
spasmodic readjustment of the pria? inve?
of stocks at tho opening- this morning,
which was continued .during tho rest of
the session In a moro orderly and steady
manner. It wa.s very evident that the
Principal demand came from uncoverod
bear operators for the short account, and
thero was the samo lack of adequato
news to explain the sudden reversal of
sentiment ns thorn has been to explain
tho persistent weakness of the market
for ?omo timo. It became Instantly appar?
ent, however, with the fall of Uie presi?
dent's gavel this morning, that much of
what, has been regarded as urgent and
forced liquidation, yesterday more espe?
cially, was a daring Operation on tlio
short side of thn marlteL Tho speculative
forces In the market seemed to have re?
assured themselves overnight ns to tho
character of this soiling. Largo buying or?
ders wero In consequence placed In the
market for execution at the opening this
morning. The uncoverod beam seemed to
llave Information of what was awaiting
them, and the oponlng looked like a bear
panic Simultaneous transactions In man/
thousand shares wer?i made at widely di?
vergent prices. In Atchison, after one
Fulo of 600 shares at 0%. 11,000 shares wero
sola at varying quotations from CO to f.7,
the excited brokers paying this rango of
prices In different parta of the crowd at
Ihe same instant In many of the qther
?stocks which have boon tinder most pr?s
mire lately prices ranged upward at tho
opening with a rush all tho way from 1
to VA points for the leaders. Tho princi?
pal trudlng and the most notable move?
ments of the day were In Atchlson, Balti?
more and Ohio, Norfolk and Western, St.
Paw], the Pacific and Amalgamated Cop?
per, which are precisely the stocks that
liavo fallen In the weakest manner for
some time past. By tho end ot the day
tho gains in these stocks had extended to
from, 3% to 4*?. the latter for Atchlson.
Even larger gains were shown by some
of the less activo stocks.
Yesterday's rumors of trouble In foreign
circle? were Incidentally cleared up, and
It was learned that there has been no Im?
portant soiling of Americana for foreign
account, but on tho contrary a growing In?
vestment demand. There has been an ob?
vious Investment demand for eeve?al days
In'thls market for stocks which had fallen
to a level at whl/.i their Investment re?
turn on tho preifent dividend basis was
equal to or greater than ttv; interest rate
on money. Buying of this character does
not concern itself with checking a decline,
hut It takes stocks out of the market
Bnd reduces tho supply. With tho realiza?
tion that they had Dcen selling into a
pocket the bears rushed to cover and
caused a violent revulsion on the Btock
Exchange. The government crop report
helped tho turn In tho market with its
Indication of a wheat crop beyond any of
tho country's history.
A reaction In tho cotton market was
viewed with satisfaction, and a violent re?
covery In tho London copper market had
a special effect on Amalgamated Copper.
The largo decreaso In domestic exports
for May and tho rather doubtful tone ot
tlio leading authority In the Iron trade
were Ignored. The lightness of the selling
at the recovery demonstrated that liqui?
dation for the present has been completed."
and tho market closed strong and acUve
at the top level.
Thoro was some Irregularity In tho bond
market, but many' Issues advanced In
Bvmpathv with stocks. Total sales, par
value, R.&7S.000. United States 3's, coupon,
advanced Vi par cenL on the last call.
The total sales of stocks for the day
wero SS4.G00 shares.
MONEY AND EXCHANGE?CLOSE:
Money on call steady at 1%@2 per cent.;
closed offered at 2 per cent. Timo money,
steady: sixty days, 4W Per cent.; ninety
days, 4???6 por cent; six months, ?U06V4
per cent".; prime mercantile paper, 4?g6W
per cent. Sterling exchange lieavy with
actual business in bankers* bills at ??7.55
f?H.fn.fO tor demand and at $4.84.7591.84.89
for slxtv day bills; posted rates, J4.85VJ
and ?4.K&>4; commercial bills, ?.84?^. Bar
silver, KlV?; Mexican dollars, 4L
Wall Street Gossip.
(Special to The Tlmea-Dlspatch.)
N'EW YORK, June 11.?Tbe opening on the
Block Exchange wa? excited and notably strong.
In additional to tho government crop rr?iort, of
which .the effect was obviously favorable, the
sensational advance In London bad an impor?
tant Influence, especially as foreign houses were
buyer? of stocks. The professional clpment
?cenied to bo covering shorts on the rally, aa
It generally does, but veas etili rather bear?
ish.
NORFOLK'S RKMARKABbH JUMP:
The most remarkable advance at tho opnnlng
was that la Norfolk and Western, which opened
three points higher than the last price on Wed?
nesday. It la probable that the Pennsylvania
controlled roada have been oversold In the re?
cent attack on the group and on weak bulls,
supposed to be carrying these Issues In quantity,
TUB GRANGERS STRONG:
The Granger Issues were particularly strong
on the government crop report, which waa net?
ter than the street expected. Allowlug for pos?
sible depreciation In ten daya the feeling was
? till very hopeful, and It was believed that even
porn would make a good showing by this time
next month.
FIRST HOUR'S TRAMINO:
The early rally was more than mantalned In
tho first hour, and atneka showed greater
strength generally than at any time since tho
rieeliuo became violent. London was a very
largo buyer and tho Morgan brokers gave Im?
portant support. Room traders were following
the rally very cautiously.
BUYERS ??G? SELLERS:
A. A. llousraan ?t Co. ioeraed to hare a big
buying order nil around the room, which was
taken a? possibly from tbe Morgan Interest.
Harris, fi?tes & Co. sold npenlngly tbe stock
they had bought on tho prevUme day.
STEELS ACTED WELL:
The United States Steel Issrtpa acted well and
were materially helped by the natural strength
of tbe 6 per cent, bonds and tho wllllnguess
of Keene brokers to protect on any lerious Bell?
ine.
HULL, BUT HELD WELL:
Although there wa? some tendency to'pet dull,
the market held lie rally very well. Tho buy
Ing waa general and sentiment In the street
was decidedly more confldont. The purchases
for foreign account were of material assistance
p rallying the market. It was reported In
rather questionable quarter? that the Well
?arty Intended to hammer the market again,
o far that clique haa not announced It? plana
eforehand.
AMALGAMATED COPPER!
The buying of A. C. P. by Pearl ?V Co. w??
the feature G? that stock. There 1? some reason
to doubt, however, If trade Interests are really
bullish. There Is a dlserepsncy between tbo
prlfii of the metal hero and that In London,
THOMAS BRANCH & GO
(ESTABLISHED 1838.)
MEMBERS
Kew York Stock Exchange,
Hew York Cotton Exchanga,
PRIVATE WIRES TO
PRINCIPAL MARKETS.
Investition! Securities
l OFFICIAL RANGE AND SALE ?G STOCKS IN NEW YORK |
By Thomas Branch & Co., Bankers and Brokers.
Open. HlRh. Low. Close. SALES:
RALES:
Son American Can com...,..
JfiOO American Can pfd.
American Orase Twlno.
"OH American Cotton OH com.
?'?? American Locomotivo com....
loon American Locomotivo pfd.
600 Anaconda.
2l<v) American Car ami Foundry....
700) American Sugar .
MOM ?., T. ami Santo Fe com.
IWi ?., T. nnd Fante Fo pfd.
70.?,.*/) Amalgamated Copper .
57000 Baltimore arid Ohio.
0310 Brooklyn Rapid Transit.
22.7V) Canadian Pacific. .
407) Chesflftenlcd and Ohio.
Canada Southern .
4con Colorado Southern com.
200 Colorado Southern P<t pfd.
My) Colomdo Southern 2d pfd.
471R0 Chicago, Mil. and Rt, Paul.
aOWV) G???? Rock Island and Pao.
1200 Colorado Fuel nnd Iron.
68J0 f'hlcago Great AVopte-rn.
200 <""., C. C. end St. L-ouls.
2"V) Consolidated Cas .
Ili/) Delaware and Hudson.
r/)0 Del., Lack, and Western.
63400 Erie com .
srw Erio 1st pfd .
6300 Erio 2d pfd .-..
f/V) Oeneral Electric .
5347 Illinois Central .-.
1610 leather .
1002O I<oii1nvllln and Nashville........
10100 Manhattan .
lioo Metropolitan .
IVO Mexican Central .
6%
?li
?. G. refunding 2'?, ruglsterert...
U. B. refunding 2'?, coupon.
U. fi. 3'?, registered .
11. ?. 8?, coupon .
0. S. New 4???. registered.
U. 8. New 4"s, coupon.
U. S. old 4'?, registered.
11. K. old 4'?. coupon .
U. 8. fi'?, registered.
U. 8. fi's, coupon .
Atchlnon, general 4'? .?.
Atoblson. ?djottnient.4 ?.
I!a!ttmor? end Oblo 4?.
Baltimore and Ohio 3% ?.
llaltliDore und Ohio Coot. 4?.
Canada Southern 2d'? .
?>ntrul of Georgia fis.
Central nf Georgia IH IM.
rh"sn|>eake and Oblo 4% ?.
Chicago and Alton 3% ? .........
Chicago, B. and QuIbct new 4 ?...
Chicago, M. and St. Paul gen. 4 ?.
fbicago and Northwestern con. 7 ?.
R3U,
20%
?7
ss'i
117%
Mr%
94
?A%
?1
iV.l*
120i,i
30%
l'fil'i
I7"a
86
130
K9
248%
29%
fi4%
64
17T',i
131
8"i
m
m?
121%
21%
122(4
37
65%
179?
133%
0%
lori?',
137V?
124%
22
?%
?3%
??2%
119%
?1
17 Va
?-'l
?fSUj
16?
2?SH
29%
6<Vj
64
177%
1301?,
8%
107?!
ISO
123
21%
6%
4S%
R
84*1
21%
PO
fu
31', 4
11?
fW
PI?
i::::k
37
66 Vi
18%
?{?
im
??>' If
fi?%
18%
M
192%
17014
2G,1
311
661,
E7860 Missouri Parino .
3,100 Mo., Kan. and Texas com.
17O0 Mo.,' Kan. and Texas pfd...
6G?0 Now Yt?rk_ Central.
7470 N. Y., fjnt. and Western...
12010 Norfolk and Western.
?ICiO Pennsylvania .
3.Y.2 Pressed Steel Car.
171 PrcFsed Hleel Car pfd.
3S.V) People's Cas Trust.,
34700 Renrliiiff com .
?40 Reading: 1st pfd..
Open. High. Low. Cloe?.
100% J.02?, i?yii, 103V?
21%
19%
48%
126
2.1
62%
D6
431-4
fOU
19%
1100 Rending 2.1 pfd. 6014
11?V) Republic Iloti nnd .Sten] com..
200 Republic Iron and Steel pf?L...
?XiO Sins* .
ion Rt. r,. nnd San rancisco.
1360 SI. L. and San ran. 2d pfd....
700 Seaboard Air Linn ceun.,
400 Seaboard Air Lino pfd.
??0 Kt. L. and Southwestern pfd:...
21706 Southern Pacific .
I4S0O Southern Railway com.
300 Southern Railway pfd.?...
3730 Tennessee Coal and Iron.
8??0 Texas Pacific .
C0230 Union Paclflo com.
?., 400 Union Pacino pfd.
?? 233?*? United States Stool com.
15V?'?0Sft? United States Steel pfd.
1450 Viu-Carollna Chemical com,...
Va.-Carolina Chemical pfd....
3740 wabash com .
Siro VWnbash pfd .
1075 Western Union .
nun .Wisconsin Central
178%
IK?
9%
109%
137%
124%
22%
J??5
74 Mi
4)
70
60
20%
R6?i
R6
4?',4
22*4
86 Vi
FiO
25%
73%
8?
23%
79%
'.rt
'?i
4H4
83%
20
700 Wisconsin Central pfd. W.
4914
24 \
6314
61*4
87V4
fd",
81U
fS
30 ?i
?1
G.??4
'??i-i
42%
84H
20t7,
42%
CLOSING BOND QUOTATIONS.
10"*l rbtcaKo, Hock Iflnnd and Pacific 4?
lOOVi r?? p?? O? ""'l Hf- tMln gon. 4'?....
107V fbicago Terminal 4'?.
''"'' Colonnio end Southern 4'?i .
10a Denver nnd Rio Grande 4'?........
I86}4 Krlo prior llfn 4'? .
J8S% |;rlo renerai 4'? .
110 fort Worth nnd nnnvor City let'?.
Ill, Hocking Valley 4VV?.....
102V) LoulBTlllo and Naali. Unified 4'?_
102V, Manhattan con. gold 4'?.
?'3'? Mexican Central 4"a .
KBVj Mexican Central lat In?t.
101% Minn, and St. Louis 4'.?.
04 Missouri, Kan. and Texas 4's.....
100% Missouri, Knn. and Tosas 2d's.
105% Ne?r York Central gon. BU'i.
IOS St?? Jersey Centrat gun?ral 5'?....
72Vj Northern Pacific 4's .
10?.?% .Vorthero Pacific 3's .
70 NorfoTk nod Western con. 4's.
92% i neadlng General 4's .
W f-'t. !.. and Iron Mountain con. 6'?
180V? I St. L. and Eon Francisco 4-?.
105
07%
m%
08%
?IV*
107
107%
101%
101%
70
101%
71%
08
IWV?
111
so%
Pt. Louis Southwestern lst's..,.
St. Louis Southwestern 2d>
San Antonia and Arkansas Pa?
Southern Pacific 4's .
Southern ttnllwaj? C'a .
Texas and Poclllc lst's.
Toledo, St. It. and Western 4?
Union Parlfi?! 4's .
Union Pacido conr. 4'?.
Wnbasb lst's .
Wabash 2d'.??
Wabaab Deb. B'e .
West Shore 4'? .
Wheeling and Lake Erie 4's....
Wisconsin Central 4'e .
Continental Tobacco 4's.
?Colorado Kuel 4'a .
nock Island .
Pennsylvania .
U. S. Steel 2d's ..??.<
M. and 0.. collateral trust 4 s..
Central of Georgia 2d Ine.
Virginia-Carolina Chemlcnl Co.
Vlrglnla-Carolloa Chemical Co.
3--."'t
86
2?^q
87%
25J4
78%
?%
?ai
19
40%
which la likely to result In some substantial re?
duction for our quotations. Rather Important
trede Interest? do not believe that tbe present
figure can be made effective.
???? EARLY AFTERNOON:
In tbe parly aftprnoon the market held nearly
all Its rally nnd none of tbe thrente of a re.
newal of bear raids developed Into anything
serlou?. The room trader? were Inclined to
? think that beer pressure would not be bo suc?
cessful aj It hns been In the recent past, end
thought ?neh stories were put about In order
to cover short? cheaply.
COMPLICATED SITUATION:
Tbe more Important brokerage houses say that
tbe real short Interest has not commenced to
cover yet and will And very little stock In the
market when It doea. There la a great deal of
Block lending and ? good deal of ?be purchases
made on the recent break hare been taken out
of the ?treet. An active raid would do more to
complicate tho bear situation than help It, In tbo
opinion of the best merket Judges,
??? CLOSING:
The close was very firm and almost et the
best of the day. There was naturally a fair
nrnount of profit'-ta king by the floor trader? who
bad bought early, but the effect of this notably
small. There was a considerable sbort Interest
apparent, and tt seemed to be getting rsther
uneasy, as stocke were difficult to get back.
RICHMOND STOCK MARKET.
Richmond, Va., June 11, 1303.
STATE SECURITIES: Bid. Asked.
North Carolina 4's. C, lfJIO-IOS
Va. 3'?, New. C. and R., 19.12. ?Sii 04V.
Va, Centurie?, 2-3, C. and R. .04. OlVi
RAILROAD BONDS:"
Atlanta and Char. 1st "'s, R. 112
A. C. L. R. R. Consol. Tr. 4"?_ ni V? ?2V'a
Char.. Col. and Aug. 2d T'a. 112 ??
Georgia. So. and Fla.. 1046. 114
Georgia and Ala. Con. 6"s. 1015... 10!)
Petersburg; Class A 6's. II. C. 114
Petersburg Class ? 8"fl. lt. C. 127
Western N. O. 1st ?'?. C? 1014. 118
RAILROAD STOCKS: Par.
Atlantic Coast Line com.100 ... 125
Norfolk and Western com.100 ?2
Southern Railway pfd.100 S7V? ...
Southern Rallwuy com.100 22V4 ...
BANK AND TRUST CO. STOCKS:
City .23 83
First National ..100 200
Merchant? National .100 300
Planters Natloual .100 330
Savings Bank of Richmond.25 ... OS'a
Southern Trust Co.100 112Vi ...
Virginia Trust Company.100 ... 125
INSURANCE COMPANIES:
Virginia Fire and Marine.25 87 ...
MISCELLANEOUS:
Amer. Tob. pfd., 8 p. e.100 ... 145
American, Locomotive pfd.100 S 8 00
Vn.-Car. Chem. pfd., 8 p, c.100 110 110
Va.-Carolina Chemical com.100 63 04
BALTIMORE STOCK MARKET.
BALTIMORE, MD.. June 11.?Seaboard Air
Line common, 21??'?22; do. preferred, 37?%<?x
.""Vi. Seaboard 4's, 78'BiJJ79',i. Atlantic Coast
Line, common and preferred, not Quoted.
COTTON MARKETS.
NEW YORK, June 11.?The cotton market
opened easy, .IftlO points lower, under weak
I.lveriiool cables, continued realizing and bear
pressure, l'or u time It ruled activo and ex?
cited, prices being forced rupldly downward un?
til July was selling at 11.71, a decline from tho
best price of yesterday of 60 points. August
touched 11.40 and September 10.63. On tbe early
downward movement ihe new crop months show?
ed relative firmness under continued unfavorable
crop ndvlces and bull support, nnd when the old
crop bud reached the level ludlcuted nbove tbo
selling pressure became less luiirlld nnd ? buy?
ing movement ensued, which brought about n
rally of ??20 points. After this, however, tho
market ruled comparatively quiet. Still the
trade was very nervous, and fluctuations contin?
ued broad and Irregular during the early after?
noon, though prices on dm whole displayed a
downward tendency, with the new crop montile
now showing the greater weakness under pre?
diction? for warmer wentlier ami profit-taking,
"Toward the close trading again beciimo ac?
tivo, nnd prices for thn new crop were forced
down to ? now low level for the session, though
in tbo last few minutes there was u ?light rally
under covering, aud tlio market was finally
steady, net (?';? -? pollila lower.
Cotton futures opened easy and closed ?toady:
Open, High. Low. Close
June .11.80 11.80 11.115 11.74
July.12.00 12,00 11.71 11.85
August .11.67 11.01 11.40 11.41
September ...10.57 10.OT 10.44 10.50
October .0.70 O.S'I n.Tii 0.77
November ... 0.711 0.71? 0.84 0.6.2
December .... 0.82 0 70 0.55 0.60
January .085 0.70 0.65 0.60
Spot cotton closed quiet, 25 point? decline;
middling uplands, 12.25; middling gulf, 12.50;
sales, 12S bales.
Cotton, quiet: middling, 12.25; gToss receipts,
2,835 bales; salea, ISS bales; ?lock, 187,411
bales,
Total to-day at all seaports ?Net receipts,
700 bales; import to tbe Confluent, 1,314 bales;
stock. 270,007 hales. ,
Consolidated at oil seaports?Net receipts,
10.02S bules; eiport to Great Rrltuln, 7,702
hales; to France, 2,847 bales; to the Continent,
4,212 bales.
Total since September 1st at all seaports?Net
receipts, 7,810,290; eiport to Great Britain,
2.722,200 bales; to France, 75,893 bales; to the
Continent, 2,767,831 bules; to Japan, 135,103
bale?,
NEW ORLEANS, Juue 11_COTTON?The
spot cotton market was quiet, but firm; quo?
tations unchanged.
Futures were Irregular end weak at the open
Ing. following tbe lead of New York aud Liver?
pool. July waa down 0 point*, August 31, Sep?
tember 8 and October T. Price? to-day declined
with the same suddenness that bas characterized
many of tho recent sensational advances. Soon
after the opening It hecuuie ?ppurcut that the
hears were ioaded up tor tbu sculps nt the bulls.
A prominent beer tlrm was apparently In charge
ot tho ruld. July selling orilora wero rather
numerous: the bulls, however, took all that was
otTeied. The beat explanations ot the cause of
the depression I? to the effect that the hitherto
unprcccnted short. Interests, both In New Orleans
anil New York, wero now covered with spot
cotton. At the close, compared with lust eve?
ning's price?, June haf lost 27 pointe, July ?it,
Aillgutt 12, September 24 uiid'the otuov position?
9 points each.
? Oottou futures steady: June. 12.80 nominal;
July. 18.00 btd; August, 12.84'ad2.S6; Ke.ptumher,
10.0DQ11.O0: October. 9.8700.09; November,
0 ll'vi'Hll; Peceiuber,.0.12(20.41; January, 0.43r.'i
0.45.
PRODUCE MARKETS.
NEW YORK, June IL?FLOUR -Firm, but
not sctlT?. Rye Flour?Kirn?. Cotnmeal?Dull.
Ryo?Quiet. Barley?Dull.
Wheat?Spot steady; No. 2 red. 81V4c Op?
tions: While the crop report on winter wheat
wae less favorable than expected, wheat de?
clined this morning under a vicious bear attack,
poor cubie?, fine weather and southwest selling.
But later It recovered on a scare of shorts end
closed firm at a partial V?c. net decline. No.
2 red, July, SlVjc. ; September, 77%c. ? Decem?
ber. 7Sc.
Corn?Spot dull: No. 2, 67c. Options ruled
firm for ? while on cool weather west, but later
broke with wheat. In the afternoon It again
advanced, however, on covering and closed Vic.
net higher. July closed at GVic; September,
64?ic. Onta?Spot steady; No. .., 40c. Option?
opened firm on crop news, eased off. but firmed
up with corn.
Hide??Firm. Leather?Firm. Wool?Firm.
Beef?Easy. Cut Meats?Steady. Lard?Steady;
western steamed. ?3.15. Pork?Quiet. Tal?
low?Steady. Rosin?Steady. Tutriontuie?
Steady.
CofTee?The market for coffee future? opened
steady at unchanged prices to an advance of 5
poluta, and while trading was quiet, ruled steady
under light receipts and covering. The close
was steady, net unchanged to 10 points higher,
sale? being reported nt 8.250 bags. Spot Rto,
quiet. Sugar?Raw, steadv; fair refining, 8V4c.;
centrifugal. 00 test, 3 10-320.; molassea sugar,
2 20.32c.; refined, firm. Rice?Firm.
Butter?Easier; extra creamery, 22'ic; State
dairy, 17?21V4c. Cheese?Firm; State. full
cream, fancy ?mall, colored, loaje.; large, col?
ored, lOatjC. ; ?mall white. lOV^c; white, largo,
lOVjo. Eggs?Irregular; State and Pennsylvania,
eitra, IS'-iC. Potatoes?Firm; new southern,
$2.50433.50; old prime, $2.60(ft3; Jersey sweets,
banket?, $14i;i.r,0,_j>eanut??Easy; fancy hnnd
plcked, 4V4c.; other domestic. 2?;4r?4V?.c. Cab?
bages?Easy; Norfolk, 60C.Q?L50. Cotton?To
Liverpool by steamer, 12c.
CHICAGO. ILI/., June IL?A rather bearish
crop report, where a bullish one had been ex?
pected, caused weaknes In wheat to-day, and
July closed Vac. lower. July corn closed Vsi?'ie.
higher, and oats were up %C, while September
provisions closed from 2 Vi G 3 to 5o. lower.
The leading future? ranged as follows:
Open. nigh. Low. Close.
WriEAT?No. 2.
July fold).. 7014 70V4 75U 78
July (new). 70V? 70?4 73V? 75%
Sept (old). 73*? 73% 72?^ 73
Sept. (new). 78 73?, 72?,' 72%
CORN?No. 2.
June ...:.. .. .. .. 48i>i
July. 48?, 48? 47!, 48V?
Sept. 47!, 47% 47V* 47?
Dec. 40V4 46V? 45> 40V?
OATS?No. 2.
July . 36?? 87VS 86H 87 ?
6ept, . 83 Vi 63-Vi 32!? S3V4
Dec. 33V? 83*? 83 83^
MESS PORK?Per bul.
July .17.05 17.07H 17.00, 17.02V4
Sept.18.00 18.00 16.80 10.S0
LARD?Per 100 lb?.
July .8.00 8.0214 8.85 8.85
Sept.0.00 0.02H 8.05 8.07V4
SHORT niBS?Per 100 lbs.
July .0.40 0.40 O.B2V4 0.36
Sept. .D.32V4 0.32V4 0.25 D.27V5
Cash quotations were as follows: Flour
Quiet, but firm. No. 2 spring wheat, 7S@79c. :
No. 3, 744778c: No. 2 red, 75??@70^?. No. 2
corn, 48ijc; No. 2 yellow. 48 Si t?T>?* No. 2
oat?, 27V.,c.; No. 3 white. 374j:)S"riC. No. 2 ryo.
.'.o-ir.tr.lc. Good feeding barley, 42?40V4c.|
fair to choice, malting, 60(3540, No. 1 tllxneed,
$1.11; No. 1 northwestern, $l.i2Mi? primo
Timothy seed, 13.75. Mess pork, per barrel. $17
?17.121a; bird, per 100 pounds. $S.S04?R <Ti:
short ribs sides (loose), $0.2000.36; dry snl/.d
Shoulders (boxed?. $S4(S.12i/j: short clear siile?
(limed?. $! 1.1121?:. M 0.75. Whiskey, biiBls of high
wines, $1.30. Clover, contract grudp, $11.50?
11.75. Butter?Weak; crenmerlp?, 104?21 Vic:
dairies, lBl6@l8.7sC Eggs?Steiylr at 13'U?
llVic. Cheese?Steady ut lOVit?tllV?iO.
RALTIMORE, MD., June IL?FLOUR?Quiet,
unchanged. Wheat?Weak; spot. 7S!i'l'!_r70e. ;
Ihe month. 78'/jC. nsked; southern by sample,
?.?,????.?. Corn?Easier; spot. 52T?,f?vf.So.; June,
G.2;???G?"?.; southern while corn, Cb4?56e. Oat??
Finn; No. 2 white, 42C?42!!,o. ItyeVEaslcr!
No. 2, r?6iS!5eV?c. Buttnr?Firm and higher;
fancy Imitation and creamery, 24c; do. iadle,
17471SC Eggs, Cheese and Sugar?Firm and un?
changed.
RICHMOND PRODUCE MARKET.
WHOLESALE.
Thursday, June 11, 1003.
LIVE POULTRY.
liens, per lb.$ HVi<3$ H
Roosters, old . 30
Ducks, per lb . 10 (Jt 11
Geese. CBcb . 25 fit 60
Chickens (spring), per lb. 18 tffi 10
Clilcki'us (medium), per lb. 20 (??? 31
Chickens (large), per lb. 22 (j 23
EGOS.
Crates, nearby, fresh, doi.$ 15
Other sections, fresh, dos. IS
Barrels and boxes, fresb, dm.,., 15 Q IS
Guinea, fresh, doi. 13
BUTTER.
Fancy, iluliy packed, per ]!>....$ 18 <RS 17
Choice, dairy, packed, lb. 16 ?ft 18
Choice, family packed lb. 18 lii 17
Cholee, stori? packed, lb. 14 G? 13
Medium. Morn packed, lb. 13 ft 14
?Omini ni grades, lb. 12 41 13
LIVE STOCK.
Beef cattle, very best lb.$ B (F?$ fiifj
Beef cuttle, extra, per lh. Hi?? 6
Beef cattle, good, per lb. Hlyifi 4
Common to medium, per Ib..., 2V4<?? 8
Sheep, per lb., 2 la fri 4
Spring lambs, por lb.,., 6 (.? 11 "j
Hogs, live, per lb. ? tfj ??
Bulls, per lt\.. 2VV? 814
Venin, bent, per lb. BVs
Vi-ttls, common to prime, lb.... 6
NEW COUNTRY BACON.
Hams, ?mail, per lb.$ 15 ?3$ 18
I.m its, per lb. 12 it 14
Sides, per 1. 11 ii 13
Lard, per lb . 11 fti 12
Shoulders, per lb. 10 <"<? 12
Dressed hog?, small, per lb. "S". S
Pressoi) bogs, large, per lb. 7
DRIED FIUI1T8.
Apple?, bright, sliced, per lb....$ 3 (SS 3?4
Bright, quai'lerud, per lb. 2 ? 2>5
Hulk, per lb . 2 & 215
reaches, peeled, bright, lb. 13 (ft 14
Uupeeled, per lb. 5 S? 8
?"hen les, pitted, per lb. 18 rf{ 14,
Blackberries, pur lb. 0 ? 7
Whortleberries, per lh. 16 ? 10
Raspberries, lb . 18 <Q> 17
WOOL.
Tub-washed, freo of burrs. !!>..$ 2.? <Ti$ 25
Unwashed, freo of burrs, lb.... 10 ?it .20
Merino. It. . 12 ii 14
Hurry, per lb., 2<3??.? less.
HIDES.
Dry filut, No. 1, per lb.$ 12 . fi* 13
Dry suit", No. L per lb. Hi @ 11
Green suit, No. 1. per lb. 6U
Qreeu, No. 1, per lb.,,. fsv-5
Glue, per lb... 8 (?3 i
FRUITS.
Apples, fauoy, baud.packed, bid.$4.00 -??4;? r,n
("bolee, bund-parked, bbl. 8.00 (S 3.60
Medium, band packed, bbl. 2,60 <a 3.00
(?rape fruii, pei" boi.6 00
Lemons, choice, per box.??,, 8.60 Q 4.00
Strawberries, per quart. 4 <f? 7
Whortleberries, per tiuart. 10 (ft 12%
Blackberries, per quart. 8 3 12%
Watermelons, per 100.30.no 335.00
Cantcloupes. per bbl. crate.2.50 ?3 3,00
Peaches, fancy Fia., freo sione,
?-basket carrier.2.25 <ft 2.50
South Carolina, cling. 75 3 1.25
Pines, each . 2? 3 83
Lime? . 3.00
VEGETABLES.
Cabbage, 8. 0., per crate.$1.00
Cabbage. N. C, per crate. 715 ?3 LOO
Tomatoes, per carrier, fancy.... 2 50 ?ft 2.75
Tomatoes, No. 1, per carrier.... 2.00 3 2.25
Tomatoes, small. No. 2. 1.21 St 1.75
Squash, choice, per basket-1.00 ? 1.25
Beets, choice, per barrel.8.00
Peas, English, per crate. 1.25 ?a 1.50
Lettuce, per hamper. 1.00
Asparagus, per bnncb. 7 ?9 20
Celery, lare o per crate. 2 50
Egg 'plant, per crate.2.00 (rt. 2.50
Potatoes, new, No. 1, bbl., white 2.50 <& 3.0O
No. 2, per bbl., white.2.00 3 2.25
No. 1, per bbl., red.2.G.0 3 2.75
No. 2. per bbl.. red. 1.75 3 2.25
Cukes, per basket. 1.50 fit 1.75
Beans, S. C, round, per basket.. 1.50
Besas, ?. O., round, per basket. 1.50
Onlona . 1.50 e? 1.75
MISCELLANEOUS.
Beans, navy, white, No. 1, bus.fl.00 r3$2.00
White, common, bus. 1.75 3 1.85
Colored, per bus. 1.25 ?3 1.50
Peas, blackeye, oN. 1. bus.... 1.00
Peas, blackeye, No. 2, bus. 75 0? 85
Peas, black, per bus. P.O 3 1.00
Peas, clay, per bus. 75 3 85
Flaxseed, per bus.... 1.20 <j} 1.40
Beeswax, per lb. 27
Tallow, per lb. 5
Feathers, live, goose, per Ib.... 45 3 60
Feathers, mixed, per lh. 85 3 40
Peanuts, No. 1, per lb. 3%
Peanuts, No. 2, per lb. 3 3 Ryt
Walnut kernels, per lh. 12 ?3 ]3
Walnuts, per bus. 25 3 30
Ginseng, choice, per lb.3.75 Si 4.25
Wire chicken coops. 85 Si 00
Wire turkey coops. 1.00 @ 1.10
RICHMOND GRAIN MARKET.
Richmond, Va., June 11, 1003.
QUOTATIONS.
WHEAT?
Longbcrry.82 383
Mixed .82 Q83
Shortberry .62 (?jS3
No. 2 red .83
Va. bag lots .75 QS3
COItN?
White (Va.) bag lots. 56 ?353
No. 2 white. 58
No. 8 white .'.. 57
No. 2 mixed .57
No. 3 mixed.50%
OATS?
No. 2 mixed. 40
oN. 8 mixed. 30%
RYE . 60
CATTLE MARKET.
CHICAGO, ILL., Juno 11.?CATTLE?Steady
to 10c. lower. Good to primo Bteers, $5(5)5,(10;
ixwr to medium, $1.2535; bulle, $2.60134.25:
calves, ?2.50@,7. Hogs?Steady. Mixed, butch?
ers ,$3.00(38.25; good to choleo heavy, $0.20?
8.82%; bulk of sales, $038.20. Sheep and
Lambs?Sheep. lOft-ic. higher; lambs, ?tnuily.
Good to choice wethers, $4.0035.50; f.y.r to
choleo mixed, $3.25441.00; nativo lambs, $4.503
0.85.
NEW TOP.IC. June 11.?BEEVES?Stcadv.
City dressed, nativo sidea, extremo range, 0????
Oc.; rcfrlcgrator beef. S'?iiaOc. Calven?????.
Veals, $11.2530.50. City drcSM-d veuls, 7@10??.
Nheep and Iambs?Stonily lo finn. Sheep sold ut
$8.40@5.25; lambs, $?@8. Dressed mutton, 73
10%c. per pouDd; dressed lamb?, 10@lle. per
pound.
EAST LIBERTY, PA., June 11_CATTLE?
Steudy. Choice, $5.4035.50; prime, $5.1535.35;
good, $4.8036. flogs?Higher. Prime beavy,
$0.45(38.50; mediums. $u.50311.52%? heavy yorit
ers and pigs, $0.45(3(1.50; roughs, $43?5.75.
Sheep?Steady. Best wethers. $4.7034.85;
choice yearlings, $5.5025.73. Veal calves, $7(3
7.25.
CINCINNATI. O.. Juno 11.?HOGS?Active
und higher nt $4.50(38,25. Cattle?Strong at
$2.50(34.00. Sheen?Strong lit $2.25?1.2G>.
I.iimlm?Easy at $4.65(017.16.
TOBACCO MARKET.
Illchmond, Va., June II, 1003.
The quotations of the ltlcbinnnd tobacco mar?
liet aro b follows:
SUN-CUKED TOBACCOS.
Primings ./.....$ 3.503$ 4.60
Lugs, eouimnu . 4.50? 0.00
Lugs, good tu primo . ?.603 D.tifl
Leaf, common .' ?.603 ?..?0
Leaf, medium . 8.603 ? 50
Leaf, Dna . 10.603 13.00
Wrappers. 1-1.003 18.00
BP.IGHT TOBACCOS.
Smokers, common .$ 4.503$ 8.60
Smokers, medium . 0.503 8.00
Smokers, line. 8.603 10.00
Cutters, common . R.003 10.00
Cutters, medium . 10.003 12.00
Cutters, One . 12.ROM 16.00
Cutlers, fancy . J4.0IK?J 17.00
Fillers, common. 6.0U3 7.?10
Fillers, common . 7.00(3) 0.00
Fillers, tluo . O.OlKnf 12.no
Wrapper?, medium . 18.00? 18.00
Wrappers. Ono . 80.003 40.00
Leaf, medium . 6.601?} tl.60
Leaf, pood . ?.5iieu| 8.00
BROWN SHIPPING TOBACCOS.
Lugs .$ 4.50(3$ 5.50
Leaf, inelum . 5.753 7.50
Leaf, good . 8.00(9 0.60
LTNCnBURO TOBACCO MAUKET.
Lynchburg, Va., Juno 11, 1003.
Warehouses of the city report light receipts
for the past week. There has beeq no material
change lu pi Ices. Owing lo the dry weather ami
the fact that farmers uro buuy preporing fur
the new crop. It. Is expected that the maikel
will continu? dull.
The quotations are a? follows:
DAItK OH A DES,
PlllMINUS .$ 1.60in$ 3.00
LUGS?
Common nnd dark lugs . 3.50?ti 4.00
DA UK STEMMING TOBACCOS.
Lugs .$ ii.6U3$ S.OO
Medium dark lugs. 4.0 13 5.00
Good ?lurk lugs. 6.00(3 u.60
LEAF?
Common and durk leaf. 6.003 (1.00
Medium dark leaf . 6.5113 U.6'l
Good ?lull, leuf . 7.G?13 K.iin
linn durk leaf . II.O03 12.00
Extra, line dark leaf. 11.603 18,00
Black IV1 'upper* . 18 2??? 2g.u0
UltlGUT 'fOBACCOS,
I.UG8
Common .$ 6.003$ ? no
Medium brljibt . 8.1)03. t.??
Comi . T.003 bim
??:???
Canill?n cuttern .$ 7.003$ ? "O
Good cutters. 0.0002 ll.d.i
Flu.' cutlers . 11.00'? 12-00
(WIGHT Wll.UTEll??
JONN L. WILLIAMS & SONS
BANKERS,
Jealern in RICHMOND, VA,
SOUTHERN INVESTMENT
SECURITIES.
MUNICTPAX BONDS A SPECIAI/TT.
Correspondence InvltexL,
Common. fl.oo? 8.no
Medium. ?.no? 10.00
<lor,d .... 12004? 18.no
line .?. IB.0043 20.00
MAHOGANY WRAPPERS?
Medium . 12.004? 20.00
Good .^. 14.00? 25.00
WRAPPERS?
Common ,..??.?.?.?..$ 8.00?$12.00
Medium . 12.50? 17.60
Oood .,. 17.60? 35.00
Fancy. 35.0O? 55.00
Sales of tobacco on the L.vnchtmrg market for
the two weeks ending June 6, 100S. furnished
by John !.. Oglesbv, of Lrnch's Warehouse:
Sohl week ending May 30th. 28G?20? pound?;
sold week ending Juno Oth, 861,800 pound?; In?
crease for week ending June Cth, 680.000 pounds.
Hold from October 1, 1002. In June 6, 1003,
21,011.700 pounds: sold from October 1, 1001.
to June 0. 1002, 10.12.'.,?00 pound?; increase for
1003, 1.880,400 pounds.
Receipt? this week much heavier than last,
caused by Ihe good season for the past two two
weeks for handling tobacco. The order and con?
dition wa? good for selling. Price? on all
grade ?were fully sustained at former ouot?.
tlon?. A gentle, warm rain began to fall last
night and has continued during the dar. If It
!s general It will almo?t Insure tho early plant?
ing of the crop of tobacco In thl? section. Wo
expect light receipt? for thl? week.
Tho quotations nro a? follow?:
DARK TOBACCOS.
Common lug?.....$ 3.0041$ 4.30
Medium lug? . 4.60? 6.00
Onod lug?. 6.00? O.on
Common leaf . B. 00? 0.60
Medium leaf . O.00? 7.50
Onod leaf . 8.00? 10.00
Fine leaf . 10.50? 14.00
Wrappers . 16.00? 22.00
BRIGHT TOBACCOS.
Crpen Iurs .$ 2.60?$ 4.00
Hood bright lug? . 7.60? 8.50
Common bright lug? . 0.00? 7.50
Pine bright luge . 8.50? 0.60
Common cutter?. 7.00? 0.50
Oood cnttpr? . 0.60? 11.00
l'Ine cutter? . ?1.00? 12.60
No wrapper? offered.
PETERSBURG TOBACCO MARKET.
Petersburg. Va., .Tune 11, 1003.
Tbe quotation? for thla market are as fol?
lows :
Common to medium lugs.$ 3.00?$ 4.00
Oood lug? . 4.00? 0.00
Poor short leaf . B.OO? fl.BO
Medium ?h?rt leaf . 7.00? 7.50
Medium to good wrapper?. 10.00? 16.00
Good to fine wrappers.15.00? 25.00
Fine shipping . 8.50? 15.00
MISCELLANEOUS MARKETS.
PEANUT AND PEA MARKET.
NORFOLK. VA., June 11.?The peanut market
1? quiet to-day. The ony change In prices 1?
Spanish nuts, which hare dropped In price to
77V?C ? bushel. The prie??? are ?? follows:
Fancy, qnlct at Se. ; strictly prime, 2Hc!
prime, 2Vic. ". low grades, 2c. ? machine picked.
2?2Vic. : Spanish, 77V4C. per bnsbel. Blackeyo
peas, (2.25 hag; black and speckle peas, $1;
clay sud red peas, SOc. Peanut bags In bales
68 In., ? 4-1Oc.
PETERSBURG. VA.. June IL?PEANUTS?
Spanish, new, mnrkct very firm nt 77Vfjc.; sellers
asking more. Virginia's?Quiet at 8c.
DRY GOODS MARKET.
NEW TORK, June 11.?Buyers I ndry gno?s
hare not been particularly active, being balked
In their efforts to purchnse by generally higher
prices, at which ?eller? aro Independent. ^Mlll?
are closing In Increased numbers, and th*, cur?
tailment of production Is beginning to hare It?
effects in causing sellers to take no ordcrson
which they are not covered.
NAVAL 8T0RES.
WILMINGTON, ?. ?., June 11_SPIRITS
TURPENTINE?Steady at 46c; receipts. 34
casks. Rosin?Firm nt $1.75; receipts. 430 bar?
rels. Crude Turpentine?Firm at $1,7038 and
$3.25; receipts, 118 barrels. Tar?Firm at $1.65;
receipts. 07 barrels.
SAVANNAH. OA.. June 11.?TURPENTINE?
Firm at 40c; recolpU, 811 casks; sales, 570
casks; exports, 100 cssks. Rosin?Steady; re?
ceipts. 2,408 barrel?,
CHARLESTON, S. 0., Juno 11.?TURPEN?
TINE?Steady at 45%o.; ?ales. 75 caBks. Rosin?
Steady.
COTTONSEED OIL MARKET.
NEW YORK. June 11.??Cottonseed oil was
quiet nnd steady. Primo crude, f. n. h. mills.
83334c; primo sommer yellow, 40%341c. ; oft
summer yellow, 87337%c; prime white, 48c;
prime winter yellow, 46c. ? prime meal, $27?
27.50 nominal.
MARINE INTELLIGENCE.
PORT OF RIOHMOND. JTJNH 11, 1008.
? ARRIVED.
Steamer Berkeley, Guy, Norfolk, merchandise
and passengers, Old Dominion line.
Steamer Pocahontas, Graves, Norfolk and
James River landings, merchandise and passen?
gers, Virginia Navigation Co.
SAILED.
Steamer Rrekoley. Guy, Norfolk, merchandise
and passengers, Old Dominion line.
TORT OF WEST POINT, JUNE II, 1003.
ARRIVED.
Charlotte, Murphy, Baltimore, passenger? and
general cargo.
Elm City, Ilarnes, Mattaponl River landings,
passengers and general cargo.
SAILED.
Charlotte, Murphy. Baltimore, passengers and
general enrgo.
Elm City, Heynes, Mitttnpoul River lanflng?,
passengere and general cargo.
TORT NEWPORT NEWS, JUNE 11, 1003.
ARRIVED.
Schooner Governor Ames, Portland.
Schooner Hattle H. Gllee, Philadelphia,
Barge Carrie, Boston.
SAILED.
Steamer Kanawba, Liverpool.
CHEEK?KINNEY
North Carolina Couple Married Here
by Dr. Smith.
Mr. J. Clyde Choolc and Miss Malvla
Kliiney wero married at the residence of
Rev. Dr. \V. R- L?. Smith yesterday
morning at 10 o'clock.
Mr. Cheek: Ih well-known here, but his
hnnin I? In Hillsboro, N". C, where for a
long time ho was postmaster. Ho Is, now
connected with the American Tobacco
Company, and has been transferred to a
good position in New York, to which
olty ho will take his bride to-day.
.Mrs. Cheek ?8 tho beautiful and charm?
ing daughter of Mr. ami Mia. Jerome
Kinney, of Thomativllle, N. C. Sha has
relatives in this pity and many friends.
RECORD IN PIG IRON
BROKEN LAST MONTH
(By Associated Press,)
NEW YORK, Juno 11.?The record pro?
duction of pig Iron in April was broken
by a wide margin last month, according
to figures preparaci by the iron Age,
which show that In May this country
produced LTSS.OOO tons of pig Iron, com?
pared with 1,1110,000 tons In April. This
is an increase of over 60,000 tons. Of Uns
enormous total tho stoej conipunles pro
elnceel 1,033,000 tons in Muy against 003,0.0
tons In April.
There aro Indications that large Inter?
ests are quietly testing tho market lu the .
Uopo of securing supplies for the eecomi
half of the year at figures considerably
below the present range. There has been
somewhat more buying lately, but It Is
still far below the normal.
The southern fcltuntlon does not seem
to have been cleared? Outside furnace
Interests are again undenielling the of?
ficial prices without, however, marketing
much.
THE MONEY MOVEMENT
A Banker Says the Next Bank Statement
Will Be Fine.
(Special to Tho Times-Dispatch >
?|?>\? ?????. June .U.-i-A prominent
haulier says tho next bank statement will
be the lineat In history of .Wall Street.
There wil. be an enormous reduction hi
Ilio loan account. On account of tho con.
??nuance <>C the premiums" for Now York
exchange at Interior point? and the higher
rates fur money ?lore, the gains frnm I
Um Interior will be much larger than are
generally expected.
o. ?St O. Earnings,
l'dhnviiig Is a comparative statement of
tin? yieiss earnings of the Chesapeake and
Ohio for ili?? hist nuarter of June: isms,
mViOLDi; }W, t^Tu.Ol'?.lij; iucj-ease, ?3S,
IW.SI.
FINANCIAL.
LARGEST CAPITAL AND SJJRPLUS
OF ANT BANK OR TRUST COMPANT IN THE aO?TH-ATLANTIO STATES
Richmond Trust and Safe Deoosit
Company.
TentH and Main Streets, Richmond, Va.
Capitai and Surplus ? $1,712,188.69
Executes Trusts, Receives Doposlts from $1.00 and Upwards.
Allows 3 per cent. Interest on Dally Balances Subject to Check.
Accounts Solicited. Correspondence Invited.
JNO. SKELTON WILLIAMS, LEWIS D. CREN8HATV.. 3TV.
President Treasurer.
JAMES H. BOOLEY. HENRY L. CABELL,
Vlce-Prcsl dents.
A month will assure yon hundred dollars in
ton years ; six dollars seventy cents a month,
thousand dollars and other amounts in pro?
portion, through our
Perseverance Certificate of Deposit.
It is always available and monoy yours on
demand. All other deposits received and
interest allowed.
L
911 East Main Street.
S. GALESKI, Pr?s.
?sasBanoata
W. GRAY WATTSON, Cashier.
ROTHSCHILD
OPTIMISTIC
Believes American Market Is
All Right.
EXPLAINS PRICE SLUMP
Americans Have Invested Their Money
Abroad, and asa Consequence Have
Boon Obliged to Realize on
Their Holdings at Homo.
(By Associated Press.)
LONDON. Juno 11.?Lord Rothschild
was Interview by an Associated Press
repr?sent?t! re to-day on tho financial
situation In America. He said: I
"It Is no good looking further than
your nose in these matters. The depre?
ciation In stock values Is not caused by
European soiling, for the very good rea?
son that Europe has scarcely any Ameri?
can securities to sell. Yesterday's Falca
In London we're almost entirely on Now
York orders. Amsterdam sold slightly,
but not nearly a3 much as was attributed
to that city by tho dispatches. When
an American, wants to sell he has got
into the habit of sending his order here
and leaving It to the arbitrage houses.
"There Is absolutely no feeling of dis?
trust In Europe over the financial condi?
tions In America. Only a fool would say
that the financiers hero are making what
you call ' dead eat against American
securities.. What do I think of the fu?
ture? Well, tho bost answer I can givo
Is this," and Lord Rothschild handed
over a stock ticket, showing that he had
Just purchased BOO shares of an American
railway. "That, of course, Is only a drop
In tlio bucket, but I may tell you that one
of tho wealthiest capitalists I know, yes,,
terday Invested 200,000 pounds In Ameri?
can securities, and ho has put another
200,000 pounds Into thorn again this morn?
ing. That sounds large, but It Is nothing
compared with tho selling orders which
come hero from Now York. At such ?
period as this, tho transactions of even
tha largest Investors had a small effect
upon the market, in which the speculator
figures so largely."
Lord Rothschild's explanation of the
recent serious shrinkage In values Is tills:
'iSpeyers wont Into street railways.
Yerkes enma over here to cloctrophy the
undergrounds; Morgan bought British se?
curities, and I am told Schwab wont In
largely for British Industrials. Thoy all
thought that British or European Inves?
tors would malto a larger sharo In these
Europeun enterprises than they did. The
result Is that some of the largest capi?
talists In America have been obliged to
realize on their socurltlos on the other
side In order to provide capital for their
undertakings here. Under such circum?
stances, quotations woro bound to go
down."
ST. PAUL IN ROME
Mr. Arthur B. Clarke Delivers Interest?
ing Free Lecture To-Night.
This evening at S:15 o'clock, Mr. Arthur
B. Clarke will deliver at tho First Rup
tlst Church a lecture on tlio Days of .St.
Paul In Rome. Tho International Sunday
School lessons have reached the point
of St. Paul's Journey as a prisoner to
Rome, and this lecture In well timed to
enlighten and Illustrate tha subject that
is this week being studied by thousands
of Sunday school people all over the
land.
Tlia lectura Is primarily to the Sunday
school of ihn First Baptist Church, in
which Mr. Clarke Is a teacher," but Is
open to any who wish lo attend, there
being no admittance fee nor collection.
Mr. Clark? was a few months ago In
the "Eternal City," and has enjoyed ex?
ceptional advantages In looking Into the
things of which he will speak.
'1'lie lecturo will bo richly Illustrated
with lantern slides, some of which will
1 its seen for tlio rim U'?''' nn tills occasion,
among them the remiled house of St,
G??ul and his splendid tomb.
MONEY FOR STUART STATUE
Lee Camp is Likely to Appropriate Sum
To-Night.
il. K. Lon Camp, Confederale Veterans
will havo a most Important meeting to??
night, when the matter e)f making an ap?
propriation f?r 'he erection of a mon?
ument to llenera) Stuart will l>e taken
Up, Il la the earnest desl?e of the nill
eers of the camp I hat tiio attendance
Miall bo large, ami tho meeting will b?>
tin Interesting one. Doubtless some of
ihn veterans will uso this opportunity to
pay well-closorvoil tributes to gallant Oen
oinl Stuart. Oilier Interesting business
will come up during the evening.
A Mixed Foursome.
The Lakeside Country Club will hold a
handicapped, tnixeil foursome tournament
mi Saturday, June 27th. Prizes will he
given for the lowest gross and lowest net
scores. Pairs wishing to contest uui.t
turn in two nine-hole scores on or be?
fore Friday, June L'tlth.
gsrara:
WOODWARD & SON
LUMBER
ROUGH AND DRESSED
BUSINESS AND
PERSONAL ACCOUNTS
SOLICITED BY
OF VIRGINIA,
11? E. Main St..
_Richmond, Ya?
E. W. TRAFFORD,
\ Consulting
ELECTRICAL & MECHANICAL
ENGINEER,
lectrlo Lighting, Electric Rail?
ways, Power Transmission.
Chamber of Commerce Building,
RICHMOND, VA.
INVESTMENT SECURITIES.
Virginia Bonds,
Richmond City Bonds,
Chemical Stocks.
TVYNDHAM BOLLINO & BRO?
'Phono 412. 1018 East Main;
Richmond. Va.
: , , . 1
THEIR TERMS
WILL EXPIRE
Henrlco Officers Will Have to
Renew Their Bonds on
Next Tuesday.
The terms of all the constables, magis*
trates and supervisors of Henrii? ooun?
ty. will expire on Juno 30th.
This state of affairs la brought about
by the new Constitution. Tho oleotlon in
the county will not occur until the fall.
Provision Is made In tho ConsUttttlon,
however, by which the present officers
con ronow their bond until the 1st of next
January. tJhus preventing any compllca
Uon.
Judge "Wickham has ilxed next Tues?
day, June lt?th. as tho timo for tho re
nowal of those bonds. All the constables,
magistrates, supervisors anil other of
Ilcers whoso terms expiro, will appear
In court on that day.
Andrew Cosby, charged with creating
a disturbance In the Good Hopa Baptise
Church (colored) was trtexl before 'Squire
Lewis yesterday and was lined $5. The
fine was n.fterwarels remitted.
When tho caso was called several ?Jaya
ago, Cosby had warrants issued for Ed.
Green and David Thompson, who, ha
said, had assaulted him, and Moses
Twine, who, aooording to htm. waa re?
sponsible for tho allegod disturbance, He
had several wltnosses summoned, but
overyono. Including his brother, wejt
square back on him. 'Squlro Lewis dis?
charged the three men and made Cosby
pay the costs,
'Squire Thomas has Just tried a case
of which ho refuses to give tho dotalls.
Ho was heard to say that six of the wit?
nesses sworo to one tiling and six to an?
other thing, ontlrely opposite, and that
ho dismissed tho cuse and told the bunch
that if they ever came before him again
ho would kick them out tho house.
The Deop Run School will cIobo to-day,
with exercises held In the Deep Run Bap<
tlst Church. Major Capers, of the Rich
monel School Board, will deliver an ad?
dress. ? p?enlo ami entertainment will
follow the exercises.
?\?? OF ITALIANS
SEIZE COPPER CAMP
(Hi Advinti'il I'r.'?? ?
PHOENIX. ARIZ.. Juna IL?A cloud?
burst has Intervened to delay tha crisis
In tin? strike situation at Morencl, Art?,
Where thousands of armed men are
threatening trouble with the civil au?
thorities. A report haa reached here that
tho downpour lias inundated Morencl
and neighboring camps and drowned
nine men. Official advices state that a
mob of Italians and Mexicans charged
on tho guards, who surround the milling
plant of ? he Detroit Copper Company, dls
iiruling them and taking possession of
the mill, while another mob of a thou?
sand Italians ie seriously menacing the.
whole copper camp.
SUPREME COURT ACTIVE
Sentenced Si? Prisoners to Death In
Oie Day's Sitting. ?
(By Associated Press.)
MONTGOMERY, ALA.. June ll.-Tha
State Supreme Court broke all rooorda
to-day by handing down decision? in (lie
case of t'ellx Hall, Sidney King und-Al?
tieri Jones, of Jefferson county; WM
Starks and Alexander Means, of. Mont?
gomery, and Jim Smart, of WUcox, it?
ftimlng action of tho lower court? in con?
victing them of tiiui.ler and sentencing
each of the prisoners to death. Th?
court fixed June $?1? as tho date of the
six executions,

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