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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. 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