Newspaper Page Text
MARKET IS CALMLY
Prepares Itself for Any Political
Contingency at Chicago or
PRICES DO NOT DECLINE
On Contrary; Underlying Ad?
vancing Tendency Is Shown
New York. .June 22.?The rise In
stocks on Friday ami generally in tho
latter part of the week was attrib?
uted by a good many observers to (he
Indications ,.i the time 'hat a com
promise candidate, would be named by
the Republicans at Chicago. Over?
night on Friday and during business
hours to-day the Indications were
strongly to the effect that th< choice
woui.j full upon Mr. Taft. It might
have been expected, therefore, that If
there had been any ground for tho
previous Judgment of the market
prices would to day decline. But they
? ltd not decline, and the n*irk?t. talt.n
mm a whole, stood still. Therefore
actions Wire In very small volume,
und prices (remained throughout the
day substantially unchanged Then
was an absolut?: dearth cf new.', and
the weekly bank statement was entirely
without significance. A smaller cash
gnlrt was reported than that to which
the "known movements' of money
pointed, and there was a decrease In
the bank loan account as Inexplicable
as the Increase shown a week ago.
The result was an Increase of $1,500,
000 in the a vet ago reserve, while the
actual i*f.crve was Increased In the
Immaterial sum of $32,000.
Of course, political topics occupied
substantially all of Well Street's dls
cusslon last week, and yet Interest in
the Chicago convention did not ap
P'nr nfter all to be In anyway Intense
mr absorbing in ;^?- financial district,
und the stock market, the greater
share of Iii? week, was practically
motionless, It displayed, however, iti
underlying advancing tendency, ann
there w e numerous indications that
th" market had done. ;is It usually
does ut such times, prepared Itself
fully for any political contingency
that might result from the action of
either the Chicago or Baltimore nomi?
nating conventions, und theo settled
down palmly to await events.
Again, following the usual rourn1 in
such things, the strong chance* are
that when i.oth of these conventions
lire over there will b? for home Um?
r. stopping of political discussions
altogether. A month of excited talk.
Incident to the meeting of the con?
vention, leaves most people anxious
to discuss something < Ise. From a
broader point of view, there is room
for the contention that polities i? not
1 dng to play such a figure In our
hustnes? und financial history this year
;. - has been supposed for n long time
In the past. And the reasons for this
art that after all no political Issut
of vital interest Is up f?r debate, and
that business and Onancc has made
full pr. paratlon foi a presidential
' There, are those who venture the
prophecy that if the crops this year
turn out good then- wilt be un ad?
vancing movement in the security
market anyway. There Is abundant
pi. , . dent for a development of this
kind In a presldc.nti.il year, and such
u movement lias occurred In past oc?
casion! when general condltl"n> were
umllur to those now presented. Mesh
tune It is undeniable that these gen
<ral conditions are already favorable
to firmness if not positive strength
in security prices; and It is admitted
on all hands that they sre such as
to discourage selling of stocks at any
rate. The weather for the crops last
week was excellent, just as it has been
?iver since the first of the month. All
reports from genoral business was
good, and the centre of trade Interest
for the time being is. it seems, thut
Of building operations. Statistics dis?
close the fact that th? contracts for
new buildings now made form the
largest total in the country's history.
The bond market Is very dull, but the
peculiarity of the situation here is that
offerings of high-grade securities which
bear an interest rale somewhat higher
than that which has hitherto prevailed
are eagerly snapped up. An excellent
Instance of this was tho rapid absorp?
tion of the Brooklyn Rapid Transit note
Issue put out on Wednesday. This was
the. more notable because the offering
was not advertised, but was ma le in a
semi-private way to select buyers.
The gradual petering out of the Mex?
ican and Cuban rebellions, a display
of greater quietness and amiability
on the part of labor, and the satisfac?
tory conclusion of arrangements for
tbo coming half-yearly German and
English financial settlements were also
devcldpmcnts of the week that must be
mentioned, although Ito great Interest
appeared to be taken In any of these
In financial circles; Sterling exchange,
which early in the week was arm as
the result of a renewed extension of
credit* to Germany, declined later when
tho German borrowing was colli luded.
The most significant occurrence, of the
week in every way was the pronounce.*!
weakness shown in the grain markets,
owing to the general crop promise,
which grew brighter each lay as the
New Vork. June 22.?Prime mercan?
tile paper, I to l l-l per cent. Ster?
ling exchange steady, with actual busi?
ness in bankers' bills at $4.S47.ri for
?Ixty-day bills and at $1.8733 for de?
mand. Commercial bills, $i.si. Bar
sliver, 62; Mexican dollar.-. IV Money
on call nominal. Time loans steady;
sixty days, 3 per cent.; ninety days,
3 to 1-1, six months, .1 3-1.
SOUTHERN COTTON MIX I, STOCKS.
Quotations FurnTshod by
A. M. I.*'" * Co. i-partanburg. S. C.
For Week Lading Jun< 82,
Alken M.'F Co.. -s- C. 40
American .Spinning Co., 6. C. l&i
Anderson Cotton MI115. S. C. pfd.. W
Aiagon Mills, 8. C. ?3
Arcadia Mills, 8. C. 31
Arkwrlpht Mills. S. C. 100
Aiigufta Factory, Ca. 43 4$
Avondale Mills. Ala. 113 120
Helton Cotton Mills. H. C. 110 130
Brandon Mills. 8. C. ?3
F.rogou Mills. S. C. 8fi (1
r.'abarrua cotton Min?. N. C.130
Cslhnun Mills. P. 0. 60 M
Cannon MfB Co.. N. E. 1M 130
Capital Cotton Mills. S. C. SS
f'hiqiiolR Mills. S. ?.'. It7
Clifton Mfg. Co., S. C. S.) 00
Clifton Mfg. Co. S. C. pfd. SS 100
Clinton Cotton Mills, ri. C.'. 126
Courtenay Mfg. Co., S. C. M
Columbus Mfg. Co., Gb. ?p,i 100
Cox Mfg. Co.. S. C. . 70
D. E. Converse evv, S. C...?. 7f
I)al|as Mfg. Co.. Ala. 110
Darlington Mfg. Co., S. C. 7f
Drayttoii Mills, 8. c. ?
Eagle and I'henlx Mills, Oa..10$ ,u
Official Range and Sale of Stocks in New York
iwi Allls-Chalmera, pf'l. old.
4,800 Amalgamated Copper ? ??
Amor. Agrl. Chom., com.
1,000'Amor. Beet Sugar, com..
2.2 0 a merit an Can .
American Can. pfd.
Amur; Car and' Foundry.
Amor. Car and Foun., pfd
ICO American Cotton oil.
Am Hide and Leather, pr
American Unseed Oil.-...
123 Vmerlcan Locomotive ...
Amor. Locomotive, pfd. .
j?> Amcr. Malt ' <?.. pfd.
1,000 Amei '' an 8mi Itlug _
h?i A merit -i n Sugar
?.">) Amor. Tel. and Tel. Co.
American Tobacco, coin. ..
SCO American Tobacco; pfd.. 105
1,800 Anaconda Copper . ??*?
?."?) At> bison . l'<7>,
POO Atlntlth ' oast Uli". 138?,
A. C, 1.. of Connecticut.
200 Baltimore and Ohio.1<>'\
Bethlehem Steel, com.
Bethlehem Steel, pfd.
C ISO Brltlsh-Aincr. Tob. Co...
i"i Brooklyn Rapl 1 Transit.
Central Leather, com.
Uf> i Canadian Paciflc .
1,70) Chesapeake and Ohio?
Chicago Oi,at Western
700 i hi . Mil and St Paul...
LtS Crucible Steel Cor., com.
iV5 Crucible Steel, pfd.
Chicago and Northwest.
WO Colorado Fuel and Iron.
Colorado and Southern..
300 Consolidated Oaa .
Delaware and Hudson .
Den. and Bio Gran., com.
Den and Rio Uran., pfd.
i?* Dlstlllera' Sec. for.
SCO Brie .
li" Uric, l?t pfd. 52%
KM Fed, Min anl Sin., pfd.. 12%
Geo. W. Helme Tob. Co.
050 Oetioral Electric . . 173?
Croat Northern, pf 1.
Great Northern Ore ctfa ...
Illinois Central .
U*) Interboro-Mel. 20%
400 Inierboro-Mot., pfd. W)
Int. Mer. Marin". eom
BRANCH A. CO., Bankers and Brokers.
Bid Asked. Sale* Stock.
*? % International Paper ?
2% ... 500 Int. Paper, pfd. 5*
Kan. City Bouth,, com.. ??
3,000 Lehlgh Valley . U>
Liggett and Myers, com ...
loo uKKett and Myers, pfd. H2
300 Lorillard Tob. Co. com 187
Ixirillard Tob. Co., pfd? ???
Louisville and Nashville
}.<(f> Miami Copper .
Mo., Kan and Texas.
Mo.. Kan. and Tex., pfd. ...
GOO Missouri Pacific . 1
lrt> National Load . 58
Now York Central.
N. Vi, Ont. and Western
200 Norfolk and Western... 111%
Northern Paciflc .
Pacific Mall .
ICO Pennsylvania .
:<?i People's oaa . 114%
P., C , c. and St. L, com. ...
P., C.. C. anl St L. pfd. ...
Pittsburgh Coal, com.
Pressed Stool Car.
Pressed Steel Car. pfd.
Rv. steel Spring, com.
I2.W Reading . 1'*'",?
ICO Republic Iron and Steel -'?'
300 Republic I. and S.. pfd..
?1100 Ro k Jsla nd .
Rock Island, pfd.
jr.i Seaboard Air Une, com
EOO Seaboard Air Lino. pfd.
200 Sloys-Shoffleld . 64%
Southern I'aeltio .
ICQ Southern Railway . 28%
100 Southern Railway, pfd 7P:
Standard Oil .
tri Tennessee Copper . H*?
Texas Paciflc .
tJA) Union Paciflc . w>'
700 United Slates Rubber... 65%
10.430 Unite! States steel. 7C
!"?> United states Steel, pfd 110%
U. S c.,st Iron Pipe.
Va.-Car. Chemical .
Vn.-C:,r. Chemical, pfd.
Va. Rv. and Rower, com ...
reo Wahash .4%
Kn Wabash, pfd. 14%
Western Union .
Weyman-Bruton To. Co. ...
Total sales for day. '
Tola' sales for week ?rix day
i C ~' 2
Bid. Asked !
111-? 111% !
".? "vi I
3-V ? 3? I
a% 36 1
21 ->'. I
7'.<?, M> !
7,.'a 51 ,
Eailey'Cottb nMS.i?. F C...
Er.ore* Mft. Co . 8. C.
Enoree Mff. Co.. 8. ?'.. pfd
Cnterprir? Mfg. Co. On.
Imposition Cotton MM*. Ga
Patrfield Cotton Mill*. 8. C
Garfney Mfg. Co.. 8. C.
Gainesville Cotton Mill". Ga..
Glenwood Min*, k C.
r,:*nn-Lowry VLtg. Co.. e. C
Utenn-Dowry Mfg Co. pfd..
(lr,n1t?vl |c Mf*. Co.. e. c. 1*0
Greenwood Cotton MRU. s. C.
Grendtl Mills. 8. C.
Ilamrlch Mlllr. S. C.
liartJvllte Cotton Miiif. s C. ?<?
H. .ntl-tt.. MIIU. N, C. i?y
Highland Park Mf*. <V. .v C. 17?
I?. Mills, S. C.
Ininnn Mill*. 8. C. pfd . ???
Ja.kson Mill*. 8. C.
King, J"hu P.. Mfg Co., G?. K3
Lancaster cotton Mill*. 8. C. 130
Lancaster Cotton Mid*, s C, pfd. K
Lankle) Mis Co.. 8. C.
!....:?:? Cotton Mill*, e r.^.
Limestone Cotton mill*. Sr. C.
t.ockhart Mill*. B. C.
I. orav MI??. N. C. com.. . 10
I orsy Mills. N. C.. l?t pfd.
Marlboro Mill*, 8. C. ?0
Mill* Mf? Co . E. C. U?
Mollohoi. Mfg Co., S. C.
Monarch Cotton Mills, S C. 110
N'ewbitrry Cotton Mill*. 8. C. Iii
Klnetv six Min?, s. c. Ui
Norrli cotten Mill*. 3 c. J03
Oranseburs Mfg Co.. 8. C . pfd. ...
Orr Cot tor. Mills, 8. C. tl
I Uttar.iy Mills, 8. C.
l'*.o',,t Mfg Co.. 8. C. 78
Paeolet M'?. ??<>.. s. c . pfd.
Pelser Mfg Co.. s f.:.
Ptckena Cotton Mills, S. C. M
Piedmont Mff. Ce., 8. C. 1??
I'oe, r. W . Mfg. Co., 6 C. KC
I'arfccr cotton Mills. Co. guar- 100
Park r Cetton Mill* Co. pfd. ?2
1'ark.i Cotton Mill* Co. eo-n. 20
lt.il.-lsh Cotton Mill.-. N. C. 100
Riverside Mille. 5-. C.
hoanoke Mill*. N. C. 140
H.oon Mills; ?? C. Uo
Bible y Mfg. Co . G?. S3
Spartan Mill*. 8. C. 11?
Toxswsy Mills, 8. C.
7 ucapau Mills'. 8. c. ?0
I nlon-Buffalo i?t pfd. U>
tnlon-Buffaio Mills. 8 C , M pfd. ...
! ?ii. .?iio?i? Mtg Co., s. c..
I WarKren Mfg. co . s C. S-3
'warren M:g Co, 8. C, pfd. 190
\V?mj Mills, S. C.
tVhltn'v Mfg CO. 8. C. ?:
Wllltami-ton Millf. 8. C. ...
Woodruff rotten Mills, S. C. 100
RICHMOND STOCK MARKET.
By Richard \V. Maury,
Stock and Bond Broke:. 10'.'. E. Main Street.
Richmond. Vs., June :2, 1512
STATT; SECURITIES. Bid. Asked.
Virginia 3s. Old. C. and R. 1932.... M
VS. Centuries, 2-3. C. and It. .95... H\ >i
CITY SE< LitlTIEfc.
Rieb. City 4*. C. and U. 1235-1943. ... Mil
A. <? L. 11 11. Con. Tr. t j>. c... 94
: A. C L R, It Conv. Lcbs 4f. 1X9. 1?
i<:. nnil v. Gen-1 M., I Vi*. 19'i. 1*1
I Georgia, sop. and Pis.. 1911. 104
IGtLrgla Bnd Ala. Con. is. 1H3. 10S
I.Ntrfolk and Weit, Ry, 4?. IX?.... 9?
seaboard Air Lino 4*. i?30. l>;
[Seaboard Adjuetinont it, 1949. to
! Southern Railway Ut S?. 1994. 107
Bo. R. Dev. and G. M. 4?, 19M. 7*
W. stern N. C. 1*1 *>. C. 1914. 1J2
B1REET RAILWAY BONDS.
Nf.r. und Port*. Tr?<-. Co is. I9W. $9
j Va. Ity. and Power Co. Of. 1934. )7
i KT RE ET RV. 8TOCK8. I'ar.
Ya. X\y. and rower Co. pfd.?09 f*'4 49
Va. Ry, and Power Co. com....109 47? ...
j RAILROAD BTOCKa Par.
.I0.> 74? ...
iNurfo.k atel \\ rstei 11 coin.100111
I Seaboard Air Line pfd.;i>'- it
Southern Rallwsy pfd.M0 74
\ .?outliern Rallwsy com.100 2i>
j HANK AND TRUST CO STOCKS.
'American National.KO IJJ 223
? Broad Street. 2.3 CO
Bshk of Commerce und Trustf iro IM
Central National Baak.IOO 133
1 orrimonwealth Bank.ICO 112? 119
1'irsl Natlonstl.100 340
Merrhar.tr National.109 S7S
Nations: Bank of Vlrglnl*.100.180
?National .State and City Bank..KO 213
Richmond hank and Trust Co.. 25 34? ...
Saving* Bank of Richmond. 25 H
Union Bank of Hb-hmnnd. ,V) S.vt
Virginia Trust Company.100 169
West End. U 42'., 43
IN .SCRAN C !C COMPANIES.
Va. Fire and Marine Ins. 2-3 7S ...
Vs.-Car, Chem. pfd., s p. c.100 in ill
Quotation* for Interest-paying bonds arc
r.t a price to which Interest must be added.
Income bond* and certificates of ladebted
nvs* arc flat.
American Tobacco Co. old 4s (bid). 93'i
American Tobacco Co. old Gs fbld). 120?
Atlantic roast Line l*t At ibid).'.. 91?;
Atlantic Coart Llne-L. and N. 4s. 93**
A. C. L. conv. 4* (In Baltimore, bldi.. 103
Chesapeake' and Ohio conv. tiis ibul>.. 93?
Liggett and Myers kit. ?S
Llggetl and Myer* 7s (bid). 1C0Vi
i.orlilnrd Company b?. '.?>'j
I/orlllnrd Company 7s (bid)....121?
Norfolk and Western conv. 4* (bid >. ill
Seaboard Air Line stamped 4* (bid).... M
Hcsbonrd Air Line stamped <"?* (bid)? MUi
Southern Railway 4*.".... 7M?
Southern Railway &s.,. 107?
U. 8. Stool 2nd fis. 102'i
IJ. 8. registered it, 1930 (bid). 109?
U. S. registered Is, 19IS Odd). 103
U. S. Panama new 3a. hUH
Vn.-Brown Bros, etfs, (lid). ?7
Vlrglnls-Cnr. f:hem. 1st Is (bid). ??i
Va. Ry. and Power Co. ,s (asked). 9S1?
Wnbnsh deb. 4*.'.. 33?;
Wftbnsh-Pltts. Term. 1st 4s. 71
New Vork. June 32. -An early decline In
the cotton market w&4 followed by nearly
a full recovery to-day ir|th the Of? firm,
net unchanged to 4 pom" lower
'"O'.ton futures closed Heady:
Open. Illah Lo-?*. Cose.
January.ILM ILK 11.40 1155
ivbruary . 11.S9
Marrh .-.11.? ll.?3 n.?l 11?
May .1L7J 11": ILM 11.78
I Jon? . 11.14
July .11.1? uro U.U ii 1?
! August .p.11.77 11.? ILM 11H
f^-plember . 11. 35
October .IL? 11.49 11-40 1147
I November . 11.St
liec-mber .11.53 11.40 1LG- 11.5?
spot cotton un-hansreii and steady: mid*
ililnR uplands. 11.?; tntddMnr; culf. 11.?.
I Cotton. Tilet: middling. 11.(5; cross re
t'lpti. '??' bales; stock, ltt.243 bales; export
i loaatw lae, r<-5 hairs.
Total to-day at nil ports?Net receipt*,
2,10$ bales: export to Oreat Britain. 703
hales: to France. 3.7tt bales: stoek. 37?.?S7
Consolidated at a'.l ports Net receipts.
(i,10S hales: export to c,.-..it Britain, 701
ha ?.?; to Fran-e. 3.741 bales.
Total eine? 5?ptcmb?r '. at a:i pert*?Net
receipts, 11.76* MO ba>e; ?x*port to Or-i:
Britain. I.933.CS1 bales; to Francs. 3.1SS.397
bales; to the- Continent. 4 W1.C-S7 bales: to
J Japan, C11.9BS bales! to Mexico, 8.7? bales.
LOCAL ST?RKST QUOTATIONS.
t Furnished by Levy Commission Co , Com?
mission Merchants. Richmond. Va.)
Richmond. V? . June 21. 1912.
A CT CAX, WHOLESALE QUOTATIONS OF
<"hl"-l(er.s. choice, small, lb? C7 fjj
chickens < hoi<-e. medium, lo.. 3 ro
Chickens.* large, lb. So fi
Hons, lb. IS \l
It<?.strr?. each. V, <ij to
; I'uVts. !:?.rpe, young, lb. 13 ix
lJuiks. small, young, lb. 10 jf 11
I In rrates. nearby, fresh, doz.. 1- 0
1 In rratej. other sections, do:. li i?i
An editorial from last week's West
Point News, and reproduce here.
The editor of that paper (we
do not know him) is a man of
Read what he says:
YOUR FAMILY'S FUTURE.
It is the wise man who learns
lessons from the experience of
others as well as from the
events of his own life. Last
week the people of this vicinity
had a practical illustration of
the distressing effects of our
Virginia laws regulating the
estates of deceased heads of
families. A helpless widow
and children were obliged to
sit by and see all tbeir house?
hold effects except a few bare
necessities knocked down to
the highest bidder. There may
have been times when such
laws were sensible and operated
for the best interests in the
majority of cases, but such a
statute is a relic of the days
of Pocahontas, and Virginia
should be ashamed to be so far
behind in the march of prog?
ress. Under existing circum?
stances it is almost a crime
for a man who has an estate to
die without a will.
In these modern times there
are well organized trust com?
panies to handle estates. These
companies employ men of the
broadest experience and high?
est integrity, and statistics
show that they are able to
handle either small or large
estates with great satisfaction
and saving to the heirs. Our
respected citizen whose per?
sonal estate was so needlessly
slaughtered, was supposed to
be a progressive business man,
but he certainly would never
have allowed his family to be
put to such a financial loss and
so great personal discomfort
had he realized that he was
about to leave them. The wise
will draw a lesson from this
sad experience of others and
give thought to the dear ones
they may leave behind them.
Virginia Trust Co.
The Safest and Best Executor
Capital, . . $1,000,000.00
The Most Useful and Attractive Home Savings
Bank That Can Be Found Anywhere
The Union Bank Calendar Safe
I Convenient in size, attractive in appearance. Will stand on I
I desk or table or if you prefer will padlock anywhere.
1 Open an account with $1 or more and you can take one of
I these safes home?new calendar for each month.
I Bring to the bank at any time to have it opened, and your
I savings placed to your credit at 3c/c compound interest, with *
OF RICHMOND, VA. ' I
I 1107 East Main Street 1
I Oldest, Strongest, Safest in the South I
Guiena egg?, dor.. 12 g
Family, choice, fresh, lb. 20 a 2
Merchant', fair, lb. 10 '#
Veal?. ctiole-e to fancy, lb. Q *l? |
Veals, poor to fair, lb. ? Q T
L'alvel, runner*, lb. 6 c
Sheep, lb. rt^C 4V4|
Lambs, aprlna, lb. 7 J* SV4
I attle. lair to prime, lb. * ? CV4
Hergr. io. t ?
llama, well smoked, email, lb. 1 i
Bams, well smoked, targe, lb. IS O 1
t-ide*. well smoked, lb. 12ViO 1
saouldera, well smoked, lb.... 1
i Ory Bint', lb. to j.
j Dry ?alt. Ib. lg g
? clreen. salt, Ib. BViQ
i Green, Ib. 10140
; Green, damas-ad, lb. 6 3
; laHow . q.
j Beeswax . 0 5
! t*n.. unwashed, free of burra ff i
'. Ch.. unwashed, lightly burry. 33 ?
1 Ch., unwashed, medium burry. So tf ;
1 lift., unwashed, heavy burry. 17 q j
! t'jtatoo*. Irish. No. I, bbl.... 3 00 13 360
' rotutoea. Irish. No. 2. bbl. J 00 ?/ fill
I ->Iark?t Condition*?Poultry. butter. IH-e
, kstoc, woo.-all continue very active. Eggs
j NEB YORK PRODUCE MARKET.
. New York, June SC.?Flour?Quiet and
I about steady. Spring patents. IC.SO'3 ??;
winter patent*, VS.t0ttS.t0. Rye Flour und
; Cornmeal ? Steady. Wheat?Spot steady; No.
! red. IMS domestic busls, and export, $1.17*4
I I. o. b. afloat Futures !40**C. net rise.
July, 11.13 3-lt>; September, Hin'?; December,
11.09*4- Corn ?Spot (lead) ; export. Soi^. f. e.
afloat. Oat--?spot quiet; standard white.
I In elevator: No. 2, SO'.ic
I I'ork, Cut Meats and La rd?Steady. Wool ?
! Quiet. Petroleum and Turpentine?Steady.
, Tallow?Quiet. Rice and Molaaeea? Firm.
Sugar?Raw and rTlncd, Heady. Butter?
sie-ady. but unchanged. Chce*.-?'Steady.
Bega?Steady and unchans-d. Coffee?Rio,
7. M*?c. Future* closed steady; July.
?13.77; March. 14.16.
I <.'otton*eed oil wa* a shade easier under
j scattering local selling, poor outside de*
I mond and with the easier ruling in lard.
, Futures closed generally IV i points net
! lower. Prime crude, nominal; prime sum
' m?r yellow, f.70fl<.kS; do. winter yellow und
, .-utnmtr white. I.Wtt7.70.
CHICAGO GH.U.N MARKET.
j Chicago. 111.. June ?. ? In attempting to
guard agalntt possibility of an upheaval of
! prices Monday when the Chicago Board of
i Trade will not be In *e*(lon, wheat short*
competing to-day forced u material advance;
! The marke t closed steady ut a rise- of H -|
I V- over last night. Corn finished to
:,,;>,.. up. oats dearer by u shade to g'
*< ?nd provision* varying from 2?C. dc
j cllna 10 .*?<?? Increase In cost.
c'ath grain closed: Wheat?No. 2 r<-d. $1.07
Jl.M'.i; No. - hard, $l.?jf l.OS. Corn?No. -
i w hue. 7T'.jii7ic.; No. 3. T3HV7314C.! No. 3
'yellow. Tltf't'j"-- Out*?No. .". white. ZZ\ a
...V-; standard, 33\ 'a ?i'.jc.
1 Le-adlng futures ranged as follows;
Open. High. Lots. Close.
! ju:v . 1.05'. I.MH ,047? 1.0S-\
I . 1.03 l.?r. 1.02?? 1.03?,
1 gj^ ' . 1.04>? 1.0? l.OP.i l.OC,
July . T2'l T3'.? UJf
Sipt. ? ?W? ?'?*
Dec. <'?". ??? ?
MBSS PORK?Per bbi.
Julv .??? is
i s,,;,.IS.9J If??. IS.82 Heft)
I VRD?P< r 100 lbs.
t j '\.10 S3 1?.? 10.S2 in.M
I ;"pt. ".11 ? U.12 11.03 1110
I Get .II? UM ???
SHORT RIBB-Per^OO lb..^ ^ ^
Sept. '....'........?-*?? 10 ?"'T 10 ?"
' Baltimore. Md.. June :.' -Wheat-Firmer;
.pot contract. 11 IS'S. Corn-Dull; spot, con?
tract, I4?C Oats-Flrmcr. No. 2 white. oOc.
niCRMOND DRAIN MARKET.
Richmond. Va . June :.'. I?11,
WHOLESALE QUOTATIONS ON CHANGE,
u l?i:AT-Car lota.
Vo 2 rsd. Western. 0$ Lit
So 2 red. Virginia. Lit tt
, No. 3 red. "? W
Virginia, bag lote. VO if I.U
1 No. 2 white. ?? ??
I No. 3 white. ?
No. 2 mixed. ?t M
I No. 3 mixed. W v2
Virginia, bag !?t?. ** if M
' OATri-Car lot*.
I No. 2 mixed. 87?
i No. i mixed. a M?
' No. 2 white. i* .-S1*
No. 3 white. ? 4J
I RYE?Car lot*.
j-0, 2. Nominal
^j0] 3. Nominal
Virginia, bog lot*. Nominal
RICHMOND LIVE STOCK MARKET,
it-ale* at Union Stock Yard*.)
Richmond, V?.. June 22. ISM.
Report of th?. live a'ock market for tho
week ?ndliig June 17. 1?1?;
Best steers. JVa U <*?>:?. medium to good.
si;?;v.; common to fair. t?e<Hc.j beat
ho'lfers. 6V4?f"c; medium to good. ??6V4C.;
common to 'air. 4V4'*iV.o.; best cows. i'a>
6?.C.; medium to good. tO&lic.; common to
fair. l<3i'-.: be?t oxen. 6'.*I?7e;.; medium to
good 5il?c.; common to fait, 4'? ?c. j bull*.
A'~,<a'^i^ Fresh cows. 130-flfi0.OO per head;
best c'alvee, 7V4?.; fa" ?" goo4. ?(3>7c.; dick*.
t^.6c.; best hogs, 7c; shoats, 6>,4 06*40. ; pig*.
Clinic; ?ow* and atags. t>', 46V,v.; best
? : ' ? p. 6af>'4c; fair to good. Cjatc.; com?
mon. 2'AC?c,; beat wool lambs, fc;?tr6ysc. ?
In those progressive times conservatism is usually considered
an indication of mediocrity, in most lines of endeavor that
fact is a truism, but there is one industry where conservarism is
the strongest of business assets?in a banking institution.
Conservatism in a banking institution protects the depositors'
interests, and the conservatism of
Richmond's Strictly Commercial
has been conducive to its incomparable strength and secrity.
Planters National Bank
Capital . $300,000.00
Surplus and Profits.$1,400,000.00
3 Per Cent. Interest, Compounded Semi-annually, Paid
in Savings Department.
"The Home For Savings."
Our Service to All
The attention which we give to an account is not measured by
the amount of money deposited.
We cordially invite you to open a Savings Account with this
bank, subject to check, thereby enabling you to have an accurate
record of your expenditures and place your financial affairs upon
a systematic basis.
Small as well as large accounts are welcomed, and we allow
per cent, interest, compounded semi-annually on Savings Ac?
The Central National Bank
307 East Broad Street.
'air to good. IVj'?ir.: fprlnj lambs. 7 !f.
Chicago. 111.. June 32.?<'nttle?Rectilntl MO
head. .Market slow and steady. Beeves,
I I6.100t.o0, Texas urcrs. Stl 10 (j ?. 10: western
I.-leers. H.COQ b.IO; siovkirs .nut feeders, 11.20
'i rt.TS; coti'a and heitern. J2.70? >.I0; calves,
,15.40fjsS.OO. Ilona?Receipt! 11.000 head. Mar
I kei weak to 6c. lower. Light. |7.S09T.$!.!ii
mixed, *7.30?7.72*4l heavy. 17.70$ 7.7$; rough.
I ?7..'0l! 7.40; pig*. $7..X(T| 7.00. mulk of sa.es.
j ?7..V.-.J7.70 .?hi.p?Receipts S.'<X> heart. Mar?
ket steady. Native, IJ,25?5.*0; western,
$3.50 ? .'? Ml; yearling*. |4.75 #7.00; lambs, na?
tive, f t.2MT 7.?*: ?'eitern, f4.<0ff S.00; *>prltiK
j iambs. 5">.70*i J.60.
New Vork, June V7. ?Beever.? Rf.-elpts K0
head Feeling steady, steers t-nld k IS*]
S.S5, Dressed r>e?-t tirm lit 1241 74C, Calve*?
Receipt? ;'.!? head Mnrket steady to strong.
Veals), IS ft 10.(0; culls. W?I7.00. Sheep and
Lambs?Receipt? *,KS head. Market steady.
Sheep. fStHaV); lambs, fVQitnO Hogs ?Rc
ifipts 1,9*1 head. Keellnit nominally firm.
RICHMOND TOBACCO MARKET.
Richmond. Va., June 32, 1917.
Following are tha (|uo:iuloiis et the Rich*
mond To!iac.-o En hiuiKe.
6 U N-CURED ? N E \V.
i.ugs, common to good. t.Ui fl> T.iM
Lusts, good lo prime. 7.60 ? i.W
enort leal. 8.00 (i tti.uO
Lose I''"-'. 10.00 6 12.00
wrappers . I'M tv 17.S0
?JMOKERS?Common . 7.00 (t S.?0
Medium . 10.00 </f l.'.OO
fc'lne . 12.00 ft li.01
i.'DTTE RS?Common . lt.Co q 15.00
Medium . 15.00 it 17.C0
j Fine . 20.00 5> X.W
I Kancy . 2S.0O V 17.00
, FM.A.17RS?Common . SCO ul :>'? .00
j Medium. It.OO n 12.00
f tiood . 13.00 (i U.e/i
? Fine . 10O0 ,t -UtO
.?.nsCKa.lanf.ovh m ahm is
rBTERsnnu; peatnut market,
(Reported by Rodgers, McCabc .v ? 0 )
?Petersburg, Va? June 7.'.? Peanuts ? Span?
ish. -.Market firm, farmers" Spanish, 00c,
i'er uusnci, junion ^pnnisn. ?. >' per DUSnei:
No. 1 shelled. 8panlah, &lQ6'iC. per pound.
No. 2 sheiied. ?panlah. l-\?o per pound- Ylr
mnlss-Market rtrm: tanc> Jumbo, te. per
rsnund; fancy hand-picked. .'Hi-i.l^r per
pound: extra prime. 5?,c per pound; prime,
sc. per pound; machine picked, 1031(0. wer
pound; shelling stock, ^vac. per pound.
DRY ClOOPft MARKETS.
New Tork. June ? Active sues !n print
eloths and convertibles continue, sale* at
Fall Rlvi r last treck reachina '.'->V" " pl?.-. s.
Jobbers are rtolnu a llgh.i hand-to-mouth
ijuatncss tot quick shipment, but tUo a'd
\an.e fall business continue* steady Linens
ami burlaps rule firm. Tarns arc In light
RICHMOND HAY MARKET.
Richmond. Va., June ;2. 1912
Following are the quotations of the Rieh?
mond llay Exchange:
No. 1 Timothy. if ;j (*>
No. > Timothy.:. w
No. 3 Timothy. ;a.00 tt
Light Clover, mixed. jj -^.00
No. l i ;,.\.r. mixed. 3 jj.oq
No. 3 Clover, mixed. 10.00 if
STRAW?< omprrssed . ij.jn
I.oi?se-pressed, large ual. s... ?p lt.oo
l.o.td your rait, so that hay at doors rep?
resents- contents and thus avoid rejections.
This market grades ha\ in accordance
with the National Haj Association.
MARINE INTl.l.l.K.KNf E.
PORT OF RICHMOND. Jt"NE 22, IM*.
Steamer Berkeley. Shelly, Norfolk. mer?
ohandls, an.! p.-,?s. nw. - t.i.d Dominion Line)
Steamer rocahonias, Graves, Norfolk and
James River landings, merchandise and pas?
senger*. Virginia Navigation Company.
Steamer Aurora. Furmnn. Petersburg and
James Rivet landings, merchandise and pas?
sengers. Fiirman Line.
Steamer Rerkelcy. Shelly, Nbrfolk. mer?
chandise ami passengers. Old Dominion Line.
Stoanicr Aurora, Furman, Petersburg ami
James River landings, merchandise and pa*
-die;'.:.-. Furman Line,
tVerUI.? I Ira ring-House Statement.
' New York. Jure 22.?The statement of tha
I clearing-house oanks for the week ?h?w
; that trii banks hold *.1>.239.T7ai reserve In ex?
cess of legal requirements. This Is an In
crease ol ?! ISS,S50 In the proportional cash,
reserve as compared with last week.
r. ? ..?????ment follows: Actual conditions
Loan*. R.OSI.MJ.OOO; decrease, lit. "to,000.
Spe .e I3S0.447.0?O: decrease fSTS.OOO.
Legal tenders. ?W.fKeVOOO; decrease, 197.000.
deposit*, 11.9t0.107,000: decrease. J?.vi.roa.
Clreu it Ion, $?.S??.O0O; decrease, SW0.00O.
Ttsnks rath reserve In vault, f (90. t H.OOO.
Trust companies cash reserve In vault,
Aggregat? eash reserve. *??,i*3.oj?.
Excess lawful reserve, S?.;0T.MO; Increase,
Trust companies reserve with Clearing?
h.mse members carrying :S o" cent, cash
Summary of the State banks and trust
companies tn Oreater New York not report*
Ing to the New York Clearing-House:
Loans. Jsyt9.2Jl.30O; decrease, ll.22S.10O.
Specie. 164.411.600: Increase, ?3.7TI.046.
I egal lerders. ??'.200; decrease. ?2,tS7,J0SXj
Total diposKJ, IWT.m.WOj de>.c*?*, t*0*,?