Daily press. [volume] (Newport News, Va.) 1896-current, January 09, 1907, Image 5

Search America's historic newspaper pages from 1770-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'Daily press. [volume] (Newport News, Va.) 1896-current, January 09, 1907, Page 5, Image 5',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83045830/1907-01-09/ed-1/seq-5.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83045830/1907-01-09/ed-1/seq-5.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83045830/1907-01-09/ed-1/seq-5/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83045830/1907-01-09/ed-1/seq-5/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

Daily press. [volume], January 09, 1907, Page 5, Image 5
About Daily press. [volume] (Newport News, Va.) 1896-current

Image provided by: Library of Virginia; Richmond, VA

Image: of 8.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (3.9 MB)

Daily press. [volume] (Newport News, Va.), 09 Jan. 1907. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045830/1907-01-09/ed-1/seq-5/>

Newspaper Page Text

BEARS HAD UPPER
They Set Afloat Rumors Which
Caused Speculative Sentiment
to Alter Very Much.
SOUTHERN ITS SHARP DECLINE
United States Steel was Also Heav?
ily Sold?Tone of the Money
Market Was Much Firmer?Pur?
chase of Telephone Company's
Notes Occupied Attention.
(By Associated Press.)
NI5W YORK, Jan. 8.?The stock
market became shaply reactionary
today and speculative sentiment un?
derwent market alteration. Various
factors contributed to this result,
including several rumors of which
the failure of confirmation pointed
to a bearish origin. Tito principal
influences on the decline were tho
recurrence, of uneasiness over the
money outlook and the disquieting
effect of obvious pressure to sell
Union Pacific. The tone of the
money market was firmer. Follow?
ing the Hurry to 10 per cent of
yoster. ay it became evident that
existing banking resources were too
scanty to allow a resumption of
speculative activity on a large scale.
The announcement of the purchase
of $25,000,000 of three year five
per cent notes of tho American
Telephone and Telegraph company
ruled the attention of tho financial
world. Tho fact that large capital
requirements still remain to be sus?
tained, and tho fact that the amount
was equal to owing tho under?
writing last spring of a $100,000
convertible bond list of this com?
pany on which Installments, payable
from time to time with a large re?
source on hand, resort to a note
Issue under the circumstances, is
regarded as significant of the un?
favorable conditions for the absorp?
tion of aay cash on the market.
Southern railway ran off sharply
United Status steel alBO was heav?
ily sold. The announcement that
the .New York Central would repay
the dividend payable on January
15 on Thursday of this week was
a promise' of a modifying influence
on tho firmness of the money market
but It also regard us a testimony
of necessity felt for measures to
conserve the ease of the money
market. There was some covering
by shorts at the declines which
were quite severe but there was
no effective rally and the marke
closed Irregular. Bonds were irreg?
ular. Total sales par value $1,860,
000.
United States bonds were un?
changed. Total sales 930,500 shares
including Copper 115.G00; Achtison
8,800 Brooklyn Rapid Transit 49,
400, St. Paul 20,100; Colorado Fuel
and Iron 2,900, Tobacco 300, Penh
s sylvanla 3,900 Reading 109,400,
Southern railway 18,700; Southern
raijway pfd 500; Virginia-Carolina
Chemical 200.
Adams Express . 290
Amalgamated Copper . 118,1-4
American Car & Foundry _ 43 3-4
American Car & Foundry pfd 101 1-2
American Cotton Oil . 31 5-S
American Cotton Oil pfd . 88
American Express . 240
American Hide & Leather pfd 28
American Ice . 85
American Linseed Oil . 17
American Linseed Oil pfd_ 35
American Locomotive . 73
American locomotive pfd.... 110
American Smelting & Refining 152
American Smelt. & Refng. pfd. 116
American Sugar Refining .... 134 1-4
American Tobacco, pfd. certlf. 90 1-2
Anaconda Mining Co. 183 1-2
Atchison . 105 7-8
Atchlson nfd . 100 1-4
Atlantic Coast Line . 131
Baltimore & Ohio . 120 7-S
Baltimore & Ohio pfd _... 93
Brooklyn Rapid Trnnsit. 81 7-8
Canadian Pacific . lftl
Central of New Jersey . 2115
Chesapeake & Ohio . 55 7-8
Chicago Oreat Western . 17 3-S
"Chlcngo & Northwestern _ 198
Chicago, Mil. & St. Paul .... 150 1-4
Chlcngo Terminal & Trans... 9
Chicago Terminal & TranR. pfd 22
C. C, C. & St. Louis . 90
Colorado Fuel & Iron . 551-3
Colorado & Southern . 301-2
Colorado & Southern 1st pfd. 09
Colorado & Southern 2nd pfd 571-2
Consolidated Gas . 138 1-4
Corn Products . 22 3 1
Corn Products pfd . 84 1-2
Delaware Sr. Hudson . 221
Delaware, Lack. & West. 510
Denver & Rio Grande . 42
Denver & Rio Orande pfd ... 82
Distillers' Securities . 72
Erlo . 43
Erie 1st pfd . 75
Erie 2nd nfd . Of.
General Electric . 158
Hocking Vallev . 120
Illinois Central . lfm
International Paper . 171-'
International Paper pfd . 80
Intornatlonnl Pump . 391-2
International Pump pfd . 80
Iowa Central . 28 1 4
Iowa Central pfd _
Kansas City Southern
50
Iii) 1-!
Kansas City Southern pfd ... 00 1-2
Louisville & Nashville . 143
Virginia-Carolina Chemical pfd lor, 1-2
Wabash. 18 3-8
Wabash pfd . Ill 7-S
Wells-Fnrgo Express . 285
Westlnghouae Electric . 148
Western Union . 81
Wheeling & Lake Erle . IG 1-2
Wisconsin Central . 25
Wisconsin Central pfd . 50
Northern Pacific . 185.1-4
Central Leather . 36.6-8
Cent nil Leather pfd . 101
Sloss-Sheffield . 751-4
Great Northern pfd . 185
Int.erhorough Metropolitan ... 361-2
Iuterborough Metropolitan pfd 73 3-4
The Baltimore Markets.
BALTIMORE. MD., Jan. 8?Plour
?quiet, unchanged.
Wheat?steady; Bpot contract 74
1-2 a 3-4; Southern by sample -.
Corn?firm; spot 47 1-8 1-2; South?
ern white 45 1-4 a 47 1-4.
Oats?firmer; No. 2 white 41 1-4 a
42 1-4; No. 3 white 40 1-2 a 41 1-2;
No 2 white mixed 413.
Rye?firm; western domestic 7C a
77.
Butter?firm and unchanged:
fancy Imitation 22 a 27; do creamery
33 a 34 ; do ladle 22 a 23; store pack
Mexican Central
2G 1-8
eil 1!) a 21.
Eggs?firm ami lower, 22 1-2.
Choose?active, steady L4 1-8 a 1-1
a 5-8.
Sugar?steady and unchanged.
The Money Market.
NRW YORK, J?h. 8.?Money on
call firm; o a 15 per cent.; ruling
rate 0 1-2: closing hid 0: offered at
8. Time loans firmer; sixty days ami
ninety days ? per cent.; six months
ti. Prime mercantile paper 0 n C 1-2.
Sterling exchange easy, with actual
business lu hankers' hills at 484.90 n
484.05 for demand and at 480.70 a
480.76 for sixty day hills-. Posted
rates IS I 1-2 and ISC. Commercial
hills ISO 1-2. Par silver tilt 3:8, Mex?
ican dollars 5:! 3-4. Government bonds
steady. Railroad bonds Irregular.
ELOPING COUPLE WERE
WEDDED ON THE 1RAIN
Lively Airs from a Banjo Filled the
Car as the Ceremony Was
Being Performed.
BRISTOL. VA.. Jan. 8.?A Hpeclal
from Hilton's. Va., says that Mack
Carter and Miss Mandy Carroll, of
Scott county, Va., eloped from Mneo
Springs yesterday evening, and secur?
ing the Rev. K. P. Leonard, of that
place, hoarded Train No. 3. over the
V. and S. \V. Railway, and were mar?
ried on the flying train lad ween MnCe
Springs and Hilton's late yesterday
evening.
Captain Pete Kolnmsboe, who was
in charge of the train, arranged for
the wedding, and the train crew and
passengers were witnesses.
During tho ceremony tho lively
strains of a hnnjo in tho hands of
J. P. Norrie, another passenger, rose
above the clatter of the wheels and
furnished music for the romantic
marriage.
The party left the train at Hilton's
and returned to Mace Springs.
Sevier Will Probably Recover.
BRISTOL, TENN., Jan. 8.?Wilbur
Sevier, the prominent young society
nan who mnde a sensational attempt
it suicide Sunday night, will recover,
tccordlng to the statements of attend?
ing physicians.
If you are not satisfied with tin
handling of your Rents, Real Estnt'
und Insurance, try us tit No. 2517
Washington Avenue. Newport News
Va. We will do all we can to please
von. C. G. Kehns. Sec'y.. W. E. Kit
shen, TreaB., c. B. Nohn?, Prest How
ird W. Bowen; Directors, Albert
Howe. L. P. Stearnes, H, E. Parker.
i n ot.
Real Estate.
Sommerville Trust Co.. (Inc.), have,
lust, gotten out a new list of oasy-to-1
buy homes, running from $:!00 to $4.-!
500; nil fee simple. Very cozy place ?
between Roauoke and Chestnut Ave., |
SS00. Some excellent Investments,
paying 10 per cent, net, $125 to $11,-;
000. Get a copy. Office corner
Washington avenue and Twenty-eighth
street. 1-G-2L |
Morgan Lines Want to Drive
Rival Steamers Out of Business.
It mi mm
CUNARDERS IN LINE FOR FISHT
Hamburg-American and Lloyd Lines
Prepare for Severe Rato Cut?
ting?Life or Death to International
Mercbantlle Marine.
NEW YORK, Jan. 8.?A Trans-At?
lantic steamship war. that will be
fought until one or the other of the
big linos of England. Germany or the
United States Is financially wrecked.
Impends. The fight Is for the control
or the continental traffic. The ship
trust, formed by .1. P. Morgan, hau
precipitated the conflict by an an?
nouncement that. Ii will H80 channel
ports for the big ships of the White
Star Line, instead of sending them to
Liverpool.
Per five years (ho International
Mercantile Marine, the ship trust, and
the greatest, failure of Morgan's ca?
reer, has been preparing for the strug?
gle to wrest control of the continental
trade, stocks of the ship littst have
never paid a dividend. They have
been kicked about the curb market
for years until today $!i;i,OHO,000 In
water has been squeezed out of a to?
tal capitalization or 1173,000,000.
Ship Trust common stock sold for
Sin today, and the preferred stock
sold for $20.50. Mnnngers of lifo
Ship- Trust have paid no attention to
the market operations of Its securl
'les, but under orders from Morgan
have gone ahead and llevoloped the
economical operations of the com?
bined companies to mnkn the coming
tight a snccessrnl one. Should the
Ship Trust will, Its stock would jump
by leaps and bounds, nntl Morgan's
tot dream of ocean monopoly would
'?0 realized. Morgan's friends say
"ie has never forgotten the failure or
'he Ship Trust's underwriting syndi?
cates.
Cunard Line Accepts Challenge.
The Cunard Line will accept tho
challenge or the Ship Trust, and will
land passengers nt Cherbourg, and
dock at Southampton. Five quays
at Southampton to dock the mam?
moth Ounnrders, Lousltanih and Mini
retanln, are already planned.
With the continental traffic to Cher?
bourg divided bei ween the German
lines and the American line, the ad?
vent or the White Star and Cunard
lines means a light that Is bound to
be blllor. The answer to the now
Cunarders by the North German Lloyd
(Continued On Pnge Eight.)
FINE COMMERCIAL
is one of the most important
factors in business-building
A nicely printed Letter Head, or a
neatly arranged Card lends tone to
your busiress and creates a favorable
impression upon your prospective
customers.
We make a specialty of Fine
Commercial Stationery, print?
ed in one or two colors
Bell 'Phone 123, Newport News, Va.
ABSOLUTELY PURE WHISKEY.
Physicians and others desiring an
excellent article are roopeutlveljr re?
quested to give this whiskey a trial
on my guarantee. Mellowed by age.
B. R. CO!"ER, Sole Agent.
24tti Street, near Washington Avenue.
STEAMSHIP COMPANIES.
Norfolk & Washington
Steamboat Co.
TM* new and powerlal Iron Palace
steamers. Newport News, Washington
und Norfolk will leave dally as fol?
lows :j
NORTHBOUND.
Leave Portsmouth, toot of
North street . S :00pm
Leave Norfolk, foot of Wa?
ter atmet . 3:00pm
Leave Old Point Comfort. 7:00 pm
Arrive in Washington .... 7:40am
Arrlvo lu Philadelphia,
Ponn. R. R.??10:G0am
Arrive In Philadelphia, B.
& o. R. u. .??11:10 am
Arrive in New York, Penn.
R. R. *llUam
Arrive in New York, B. Jb
O. lt.. H. . -2:00 pm
SOUTHBOUND.
Lv. Now York. Penn. R. R..?12:00 p ni
Lv. New Tork, B. * O. R R. ?1:00 p in
Lv. Philadelphia, Ponn.R.H. 2:66pm
Lv. Phils., B. & O. R. R.... 2:08pm
Ar. Washington. Pona. R. R. 6:10 p m
Ar. Wash., B. A O. R. R...?*5:00pm
Lv. Washington. ?6:30 pm
Ar. Old Point Comfort .... "7:00am
Ar. Norfolk . *8:00am
Ar. Portsmouth . ?8:30am
?Dally. ??Dally except Sunday.
The trip down the historic Potomac
River and Chesapeake Bay on the ele?
gant steamers of this company is un?
surpassed. The steumors are compar?
atively new, having been built In 1801.
and are fitted up In the most luxuriant
manner, with eloctrlo lights, call
bells and Btoam heat in each room.
The tables aro supplied with every
delicacy of the season from the mar?
kets of Washington and Norfolk. For
tickets, reservation of staterooms,
and further information, apply to D. J.
CALLAHAN. Agent. Norfolk, Va.
Old Dominion Line
DAILY SERVICE.
FOR NEW YORK?F.om
Company's Wharf, Nor- |W?^j?fc
folk, every week day. at \\
7:00 p. m. til
FARE?First-class, one way, fR.00,
meals and stateroom, berth Included.
Round trip, limit thirty days. $14.00.
Steerage, without subilsteace, $6.
Tickets on sale at 0. & O. Railway
Ticket Office.
MIGHT LINE BETWEEN
NEWPORT NEWS AND RICHMOND.
Steamers Brandon and Berkley
leave Pier "A" 8:30 every evening,
passengers only.
Steamer Hampton will leave Pier
"A" daily except Sunday, at 9 a. m.,
going to Norfolk, and at 4:30 p. m.,
going to Smith field. Steamer Acco
mac will leave Pier "A" dally, except
Sunday at 9 a. m., going to Smlthfield
and about 2:30 p. m., going to Nor?
folk.
All business between New York and
Newport News transacted at Pier 6.
All business between Newport
News, Nor.tik, Smlthfield sad local
points transited at Pier "A," foot
o' Twenty-flfU street.
W. H. LANDON,
i. B. WALKR, Agent
?lee-Pres. and Traffic Mgr.
Clyde Steamship Co.
Steamers to Philadelphia
MONDAY, THURSDAY end
SATURDAY.
Sailing from Philadelphia, Tuesday
Thursday and Saturda..
Freight received and delivered daily
at e. & O. Pier No. 6. Office. River
Road. JAS. McCARRIGK,
Gen. Southern Agt
CLYDH STBAMSH1P CO.,
11 Boat* Delaware Avenue, Phlladel
phBa. Pa.
Prof. G. F.THEEL527 S&?Ill
BffWH Pki1U<l*tpBtt,P** " Ll a ll. i, t ir hrr Ar;t." Only <<>r
Y raBn H|#4*elgJlil In America. <iusr*nle*s to ?nr* a1*?
/VfTVb, ?>/ mall PrliMo Die****, Kin?c*, Ahlit*?, Hftk
lauBaWQ nrHkra,lt|0O<l l*aUaa,(ii1hrr* tWl> R?ft*M IWMIIIr,
l<*l X??hwM,(*nr*r,V*rir<Kelf A ?IHrl'tr. , ro , ,(| i - , In.
il ulnpsnenla Ai hhranWu i m K?r ?, U r bt'c i:i- ... . <. IM their*,
i ...?< i, Drain*. 40 yrarV prw<*tlrtl A t". jean* henptlal *satir?
ic rr In Cr riu any. Arnd for ' * 11 L ,** tall* a 11, r i posli ? e i <. f
TRANSPORTATION GUI DB,
Chesapeake &
Ohio Railway
HOURS THE QUICKES! UWE
?ec M.W.Koblnaon, A gout 0. & O. Ry.
Before* Arranging for your tn?.
Tkrough Tralna, Yostlbuled, Blectrtt
Lighted, Steam Heated, ?lnInj
ears a Lm Carte through tu?
grandest acouery Haut of
the Rooky Mountains.
For Richmond. Cincinnati, Indiana?
oils. Nashville. Chicago, Loultv
?nie, Nashville. Memphis,
West and 8outhwest.
16:10 A. M. and 5:25 P. M. dally.
Local for Richmond and James P.Iva?
Points:
7:40 A. M., dslly.
Local for Richmond: >
i:40 P. M., dally.
SOUTHERN RAILWAY
semcDULW TO ALL POINT1
?OTJTH AND WHSTj
N. B.?Following figures #u?llah?d
only as Information, and or* aot
guaranteed:
Lv. Newport News
0. ft O. R'y.17:40 s m.I?:S? >>. m.
Ar. Norfolk ... .|8: je a. m.[?:35 p. m,
Trains From Norfolk.
8:00 a. m. Dully. Local for Suffolk,
Franklin, Bm ports, einrkrille, Dan*
Tille, Oxforl, Durham and Intern*
dlste stations. Close connectloas at
Danville with fast t-rougb, tralas t?
all points South and West
7:30 p. m. Dally. Fast express trala
tor all points South and Wast, ear
vying through Pullman BiMp'.ag oaS
to Ashevllle.
Trains From Richmond.
7:00 a. m. Dally, l.oesl for Charlotte,
Chase City, Clarlmvillo.
11:16 a. in. Dally. Limited Duffed.
I'u1' nan to Atlanta and Birming?
ham. New Orleans, Memphis, Chat?
tanooga and all the South. Through
coach for ChaBe City, Oxford, Dur?
ham and Raleigh'.
S:00 p. m. Hxcept Sunday. Kay ay 111?
local.
11:30 p.m. Dally. Limited. Pollmaa
ready, 0:80 p. m., for all tk* South,
york River Line,
4:30 a. in.?Except Sunday. No. If.-*
Baltimore Limited.
2:15 p.'m.?Except Sunday. No. 10.?
Local to West Point
4:45 a. m.?Except Sunday. No. 74.-? Q
Local to West Point
C. It. ACKERT, Vice-president
and Oonl. Mgr., S. IL HARDWICK,
P. T. M., W. II. TAYLOfl. O.
P. A., Washington. D. O.
?TANTON OURTIB, P. A.,
Norfolk. T?.
Merchants & Miners "
Transportation Co.
Steamship Lines for Boston, Provi?
dence and Baltimore.
Leave Newport News, via Norfolk,
for Bostoa every Tuesday, Wednes* , .
day, Friday and Sunday. Leaves fo.
Providence every Monday, Thursday
and Saturday. Steamers sail trow '
Norfolk at 6:00 p. m.
.^eave Newport Nows for Baltimore
dally, except Tuesday and Wednesday,
lit 6 p. m.. connecting for Washington.
Philadelphia and New York.
Pure to Baltimore, ono way, 93.00;i
round trip, $5.00. Including stateroom
berth. Accommodations and cuisine
unequalled.
Freight and pacsengers takes for
sll points North and South. Steamers
leave Baltimore, foot of Long Dock, .
dally, at 6 p. m.
Only line running a Sunday steamor
between Newport News and Balti?
more. For further Information apply
to D. It. McNEILL, Agent,
Newport News, V*.
Gensral Ciflces. Baltimore. M<L
Norfolk Ferry Schedule
Pine Beach Route
STEAMER ENDEAVOR.
Lv. Ivy Avo. for I Lv. Norfolk for
Pino Beach and Newport News.
Norfolk.
I
x0:45 a. m.
?7:30 a. m.
9:00 a. m.
10:30 a. m.
12:00 m.
1:30 p. m.
3:00 p. m.
4:30 p. m.
0:00 p. m.
7:30 p. m.
9:00 p. m.
7:30 a. m.
9:00 a. m.
10:30 a. m.
12:00 m.
1?30 p. m.
3:00 p. m.
4:80 p. m.
6:00 p. m.
7:30 p. m.
9:00 p. m
x?Dally, except Sunday.
??Sunday only.
Schedule subject to change without
lotlce.
fr^-t*frt>?4>?4reO??M????$???*
<s> ?
TRY MY.
Old Virginia
Apple Toddyf
IT'S FINEI
LIQUID REFRESHMENTS
In endless variety, for the holt
days. Family trade a specialty.
Goods delivered anywhere
Bell Phone 67.
% JiO. 1161'!! Gift
AND 4
FBMILY Lt??OR STDHE|
I 2312 Washington Avenue. X
^A-fr?*?^*04?*t-*<M*<fc*4>4>?>S?

Daily press. [volume], January 09, 1907, Page 5, Image 5
About Daily press. [volume] (Newport News, Va.) 1896-current

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

Daily press. [volume], January 09, 1907, Page 5, Image 5 About Daily press. [volume] (Newport News, Va.) 1896-current

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

Daily press. [volume], January 09, 1907, Page 5, Image 5
About Daily press. [volume] (Newport News, Va.) 1896-current