Daily press. [volume] (Newport News, Va.) 1896-current, July 07, 1907, Image 8

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Daily press. [volume], July 07, 1907, Page 8, Image 8
About Daily press. [volume] (Newport News, Va.) 1896-current

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Daily press. [volume] (Newport News, Va.), 07 July 1907. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045830/1907-07-07/ed-1/seq-8/>

Newspaper Page Text

HA/
HUGE DISCREPANCY IN
?Cnof
Reserve [Aiioiil Ten Million Away
from the Preliminary
Estimates,
HO COHEBEHT EXPLAN?TIOH OFFERE0i
Cohldtlona Make it Evident Thai
Corporations Depend Less Than
Usual Upon the Money Market to
Finance the Seml-AnnUal Disburse1
'-'
(Uy Associated Press);
NKW YORK, July ii. rTho cash rc
serve showing In the hank slaloim nl j
was frbiii $10,000,000 in over ,M:'...
000 away I'roni hie preliminary esil
inateH, (he $5,000,000 rash decrease
comparing with mi ox pee teil Ihcrcnso
of $0,000,000 in over $7,000,000. rlie.
loan limn at Hie Haino lime showed a.
con I faction of $10,811,800 the result*
lag scaling of deposits hulplug to rO-|
BtrlCl the decline in surplus to $1,053.? j
(!:'.'? inn loading lor Hint Item only
#6,0,250. u...
The loan .showing, following a
heavy coniraclion Ins I Week makes
ii evident that corporations deponed
on the money market nnjch less than
usual lo llliunco the semi annual (Iis
hui seineiiis. hav ing npupreutly ac?
cumulated cash tor thai purpose
which was transferred hull lud In uu
Which was placed temporarily in call
loans and recalled fo.i the purpose id'
pa) incuts,
The elpai'lllg llOIISO Panks still hold
$30,752,201) oi governmoul deposits,
Compared with $31,275,200 lasl week,
so that small progress lins I.n mado
in i.ling the reiiuiremenl for return
of government depo: its to I?' made
on Jill) 10. No coherent explanation
was offered for the huge discrepancy
In the cash sowing. The exhibit was
not taken seriously as a reliable
showing of the actual operations of
the week.
The stock market practically Ig?
nored ii placing more reliance on the
downward tendency of call money
rales us an Index of actual hanking
conditions. Tin- notable strength ol
foreign exchange rate:: was also ig?
nored in the market, although it was
believed to point iiiuulHtakably lo a
resumption "i gold expoiis next
week.
Amalgamated Copper was Hie mar
kit lender. 'I'be whole mal ke| rose
substantially and closed active ami
buoyant. otal sales 6l bonds par
value, $020,001). Total solos today,
381,300 shaies. im ludlng Copper 30,
700; Sugar, K00; A. C. I. -100; C ft
O.. 100; I., ft N . '.'uu; N ,v- \V., Tun;
Heading, 30,1100; Southern, 1,400; IJ.
S. Steel, 17,100; Sloaa Sbelliohl, mo.
Colorado .v.- Soul hem ls| pfd... 00
Colorado .v.- Southern '-'nil pfd.; 17
Cousolidateil Das .IUI .1!
('ein Proilucia . 18%
Corn Products pfd . 7:!
Delaware A Hudson.17L'
Delaware, l.ackawaniiu \- Wost.-il5!l1)i
Denver .\- Bio Rriitide . 28M
Denver .V it In Ur?mie pfd . .a
Distillers" Securities . CO'a
Ki le . 25'/a
Kile 1st pfd . f.S'/b
Kilo 2nd i>fd . 42%
tlelleral l'.lcctl ic .; 138
Illinois Central .143%
International Paper.111%
Intel national Paper pfd.71 %
International rump . 23%
fulprpatlonol I'limp pfd. 70
Iowa Central .108
lOWn Central pfd . ?9
Kansas City Southern . 2C%
Kansas City Southern pfd . 61 '-j
Louisville Nashville .11.0Vi
.?Mexican Central . 20%
rtlinn? apolis & Si. I.ouis . -IiMil
Mill., St. I'. ft S.llllt Sie. M-|07
Jfjup., SI. 1'. ? SilUll Sie M pfd. 139%
Missouri I'aclllc . 77 i
Missouri. nKhsas Toxr.a . 35
Missouri, Kansas H Texas pfd;, ft?V&j
National J,e/ol . 03%
National Ii. B. of Mexico pfd.. 51%
New York Central . IIV
New York Ontario 7s Western.. :tvlu
Norfolk ft NVostern . 70
Norfolk K Western pfd . 70 )
{\'orl)i American . (?9%
Pnclfiq Mail . 2xv?
)'< nnsylvaiiln .12514
People s Ca? . 92%
Plttslnirg, c. 0. & St. Loitl?? 68
Prrs-ft'd StC0| aCr . 37
Pressed Steel Car pfd . 00
I'llBuiail Palace Car .100
Heading .109%
Rending ist pid . no
Rea."UK 2nd pfd . T*
Republic Stool . 29%
Republic Steel pfd . B4M
Rock Island Co. 22%
Hock Islam) Co. pfd . 1*
St. Louis Sap I-Van- 2nd pfd.. 38
st. Louis Southwestern . '-'a
St. Louis Southwestern pfd ? fid
Southern I'aclllc . 81%
/Sondern I'aclllc pfd .IIP)*
Southern Hallway . 20-Ti
Southern Hallway pfd . 05
Tennessee Cdal & Iron .141%
Texas & Pacific . ?!%
Toledo. St. L?dla & Wem. 27V,
'J'olodo, St. Louis K- West pfd .. 50%
Union Poeijio .112%
Union I'ncfflc pfd . 84
.United Stales Express .100
United Slates Realty . 51
United states Rubber . 37%
United Slates Rubber pfd ...... 00%
United Sillies Steel. 3t{%
lljiltod States Stool pfd .100y,
Virginia aCrolina Chemical - 20%
Virginia Carolina Chemical pfd. 101
V/abpBh ._.. M%
Amalgamated Copper . !?::'/,;
American Car .v> Foundry. II-,
American Cur & Foundry i? t'?I .. '.t.s
Ann in im Cot (QU oil. :'.'..''h
American <'<>it<>n oil pro . OtVSi
.American ICxpreHfi .210
American IIlde .v Leather pfd.. I8V?
American loo . 011%
American LIlIRCOd Dil. II',,
American lillisood Oil pfd .... 2 !'L
American Locomollvo . Nil
American Locomotive pfd .I Oil
American Smelling & Helm; .", 121%
American Sinnig ,v Itcfng pfd...Uli .
iVmeileun Sugar Itelitilug .I:' 11 jj
Vmorlcau Tohacco, pfd certlf.. !H',4
Anaconda Mining Cd . 00!y,
AicluBOti . Oil Vi
Atchlson pld . '.ej
Atiunlle CotiBi Line . Jill
l '.itIt 11.e ,V Ohio . OS
Haitlmore & Ohio pfd. KO
Itrooklyn Rapid TrtiiiBll. 00
Canadian Paciiic .11 :.'
Central of New Jersey.180
Chesapeake * Ohio ,. :tu'/t
Chicago (Jrcat WVstoin . 11
Chicago & Noil llWeslel n .150 Vi
Chicago, Mil. .vi St. Haul.HMVa
Oh longo Terminal .m- Trans.
Chicago Terminal ,V Trans pfd.. 15
C. ('.. C. .v SI. LoiiIh. (10%
Colorado Fuel .v Iron. :|.'i%
Colorado A Southern . 1151 b
WnbstBli pfd . 25Vi
Well.. tiFrgo Express .280
WeHlinghouHo Electric .I 12
I Western Union . >s
Wheeling .v Lake Erie . 11
Wisconsin Central . IT
Wisconsin Central pld. 10
No'I hem I'aellic .lUTVS
C. n Leather . ?'?'"?t
Cen Leather pld . '-'-'/i
Sloss Sholllold . ;,s
c.t. Miu pfd .i:t5%
Int. Mel. Is
Int. Mel. pfd. Wh
STEAMER WARDEN
CRASHES INTO WIT ARE
Forcerl to Go to Norfolk to Make Re.
pairs to Her Row on Account
Of the Accident.
The passenger steamer .1. S. War
din, of tin- Tidewater Navigation
Coin puny, crashed into the wharf at
old Point yesterday nflornbon.
The steamer was tying up when the
nccidout occurred and her how was
inmincd into (Im heavy lion girdors
of the wharf. 'I'iie ciii'bIi came with
Itemendous forcu. The Warden's
how was stove in ami rac vessel was
very seriously crippled.
Tiie captain ol the Wurden Instruct
od llio-puBseiigorH to h ave tin- steam
of and Immediately took his ship to
Norfolk, where (ho Warden will go
I." repaired.
The wharf was only rr::ghtl) dam
aged. . Iuiu~
A Dit Too Much.
Seeking l<? lind a euro for his deaf?
ness. Hie Duke of Wellington once em?
ployed a celebrated itnrhtt. The doctor
gave his patient a strong solution of
caustic to Inject into his ear ami, call?
ing on him later, found htm rinding in
agony. The tteiliment had set up a
furious Intluiiimullon, which, unless
cheeked, Would result tu death. The
hearing was completely destroyed.
Tiie aurSst expressed his grief mid llior
tllleutlon, "Ho not say n word nl>out
tt: you did your liest." said the duke,
adding '.hut he would not tell a soul
about II. Thus encouraged, the doctor
asked If he Illlghl continue to attend
him, si ihm the pit bile might see that
his confidence had net been with?
drawn. 'I bis wrta too much. "I can't
agree lo that." said the nuke, for that
would in- a lie."?London Saturday Re?
view.
OEBUS AN
Daughters Meet Tuesday;
The oiii Dominion Dragoons Chii'ii
tcr, O?ughtcrH dt Mio Coufodornc}
will meet In the Fr?gs' room Tuendii)
afternoon nl 1 o'clock. Severn) mal
b is .if Importance tu lite chapter wll
in- taken up iintl discussed and tin
members are tirgod tu allem!
To Come September First.
Tie- Uov. W. Ii. Heildershot, who re<
j vi ally accepted ib.- rail tu Ihn Church
I Ol Christ lu re, lias WritlOII Hie eon
grcgiiitou announcing thai be will
conin te ntimplon i<> take up his work
cie. the first tiny of September, Mr.
Iiendershot is at presini the pastor
..i the Chinch of Chrisl in Delta, o ,
[ where he is very universally esteem
0(1.
What la "China?1'
There should he a clear understand?
ing of the use of the word "china."
As a matter of fact, tumizlng though
II seems, china colluding is mostly mit
of china, Technically china t.leans por?
celain, write-; shuck In the Saturday
levelling I'ost. but by the usage of all
collectors and writers ami from the
lack of a moil- adequate term it In
cludon tilsO the line products of the
early L'uglish potter led.
The
Clothing
in workmanship; dura?
bility and style can al?
ways be found at
Kirsner's
Clothing Store.
A perfect (it and satifac
tioh or your money back
accompanies each snil
that loaves our store.
18 and 20 W. Ouecn Street,
HAMPTON, VA.
i.i riTiniwiriMiinTniriirrrTifni^nii^^
WE OA KUY
Electric Chandeiters
In stock. Come in and have a look.
S. J. Watson's New Store.
10 Queen St. Phones 160 and 841. Hampton, Va.
Ice Cream
Made from fttofill/.cd milk or iin best quality. Only good Ice
cream made on the Peninsula:
Try il once; yon will always lie our customer.
R. E. GATEWOOD
Cor. County & City Sts., Phoebus, Virginia.
Wo (lnllver it in Hampton, Phoebus, ohi Point or any place on
the Peninsula. the Pcnlnsulni Phono 177.
THE VERY LATEST
Wedge wo od Blue China.
A Neat Souvenir.
Schraudt's Book Store
42 West Queen St. ? Hampton, Virginia.
D OLD POD
i Three Aged Persons Sent to Jail,
.lohn Monncy, l'.. Umlauft and Sirs
15 Umlauft, throe tiged persons ol
PhoelitiK, were committed to jail foi
'thirty days by .Mayor J.. P. Kit most!
yesterday morning, Tlio trio lias
in . it "enjoying themselves" Mr aov
oral tlays and llie mayor rofliitrod a
I notice bond of $25 from each, ami h?
'inj: unable to give the bond they wer?
! sent to Jail.
WANTED?TO PURCHASE A HEX
Ho. fresh row Apply to 11. I..1
SCHMELZ, Hank ot Hampton,
I lump to ii, Va. 7-7 tit.
\\ \NTED V?UNC LADY TO DO
off lei' work. L. HORN, 51 Weist
Queen street, Hampton. 7 7:',t.
F< Hi
RALE t Mi CAP TWO
nit
three horse-power upright boiler
ami engine, in first class rendition.
I. HORN, r.i West tj.n street,
Hampton. 7-7-"t.
Wines and Liquors
1 belong to the bist tribe that stray
i ii away [rem Dublin before Moses
Balled on the Red Boa. I'm a price
cutter. I in a money-maker; I'm the
one that sells all straight Whiskies
retail at wholesale prices. Tho fol?
lowing high grade 10e Whiskies I
sell for 5e a drink: Paul Jones Pure
live. Sherwood Ryi Whiskey, Carroll
Springs, pure Maryland Ryo Whiskey.
Overboil Rye Whiskey, Park wood Uye
Whiskdy. All of the above nanied
Whiskies are strictly high grade:
watch niy prices If you dare, beat
nio if yon can. Whlrjcey in bulk at
I Mowing prices:
Old Nlek Pure Uye, V4 pt, 25c;
gallon.$4.00
Leonard's Favorite, V6 pt, 20c;
gallon.3.00
Hunter's Baltimore Rye, % pt.,
25c; gallon . 4.00
.Maryland Club, V(. pt., 25c; gal?
lon .4.00
Paul Jones Pure Rye, Vi pt., 20c;
gallon.2.70
Stni A, Ryo, gallon. 2.00
Moss Rose, gallon. 2.00
Lark wood Pure Rye, gallon. 2.00
Jefferson Pure Rye, gallon. 1.75
Kentucky Bourbon, gallon. 1.40
Double Stamp Oln, gallon. 2.00
The following brands of Califor
rlri Wines, port. Sherry! Ca
tawba, Cluiot, blackberry at
25c per tit., per gallon. 75c.
Pride of North Carolina. I
years old, gallon. 2.00
Kunimclll, per gallon. 2.00
Carroll Springs, gallon. 2.50
XXXX Baker Rye, gallon. 2.00
Barrel And Bottle House
16 AND 18 MELLtN ST.,
Phoebu?. Va. 'Phone 280.
You are not at all slow in
other things why let this Im?
provement get by you? Buy n
jtafl stove and cook by
11 am pton, Va.
Nothing Better
in Clothing
Can h? found la Hamp'rc than
ths fin* stock ot r?ady-to-w*ar
goods at
S. MARBACK,
The Baltimore Merchant Tailor.
W?- ai*k? yon a oult for the
prle.a asked for a "hand-me
down" outfit in moat stores.
Our fits are guarantwd.
Cor. Quean A Court tU.(
HAMPTON ? ? ? ITCROINIA-.
?Continued.
White Oxfords
Ladies' White Oxfords .(. $1.00 and $.?.00
Men s White Oxfords . $1.70 and $2.50
Bathing Suits
Men's Bathing Suits . $1.00 to $-1.00
Dcys' Bathing Suits .$ .00 to $2.00
C. L. CROCKETT & COMPANY
NO. 5 QUEEN STREET. HAMPTON, VIRGINIA'.
armwi ????? ?----?-~-"-"--?"-~~-?^?'-^^ ?
FOR SALE!
A nice house with seven rooms, city water, large It . at Hampton
Heads, mar ear line. See US fur price; terms easy. Ten lots in
Shell Head near La Salle avenue at a bargain. Two collages ou
Stuart street, renting at $11.00 per month.
FOR RENT!
Desirable cottage til Buckroe Beach, furnished for $7f>.00 per month.
Nino room house King street: completely furnished for $75.00 por
nmnth.
m. H. MORGAN & COMPANY
Hampton, Viryinia. 18 S. King Street.
HENRY L. SCHMELZ, FRANK W. DARLING,
President. VIce-President.
Hampton, Virginia
IS THE OLDEST AND LARGEST IN EITHER HAMPTON OR
NEWPORT NEWS.
Capital, .... $100,000.00
Surplus and Profits, - $125,000.00
DEPOSITS OVER ONE MILLION DOLLARS.
The only designated Depository In the State of Virginia In
Pastern Virginia. We make leans on Heal Estate?NOT PRO?
HIBITED?as aro the National Hanks.
FOUR PER CENT INTEREST PAID ON SAVINGS DEPOSITS
NELSON S. GROOME, - - Cashier.
Farm for Sale
On nccouiil of the owner's having to leave this section, I am
offering for -^l" a forty-four ucrc farm within two miles ami a live
room dwelling with all the stork consisting of 2 horses, two cows,
over 200 lend of poultry, 2-"> turkeys, 5 geese; and with nil the fann?
ing Implements consisting of 1 teed culler, l disc harrow. 2 drags,
?I plows, carts, I double wagon, i new top wagon, ami all neces?
sary small tools for farm use; together with all the growing crops
on the farm for $2,500.00. Will show to anyone Ihtere-tlod.
Two lots and four-room collage on West 0,110011 street; must he
sold 'a a short lime, and will dispose of cheap for cash. A good
clinnce to." the investor.
GEORGE W. PHILLIPS
Real Estate, Rentals and Fire Insurance. I]
Auctioneer and Notary Public.
3 and 11 North King St., Phone 50. Hampton, Va.
Do You Want to Buy
a Cheap Farm?
If you do yon should lcso no
tlmo In consulting me. I am
offering a Farm of 100 aoros
in York county, head of Po
quoson river, with good house,
barns, and plenty of outbuild?
ings ; Boine timber and barge
orchard; some excellent oyster
? shoro. Price $.'1,000, on easy
-> Irrms, The. buildings cost, more
a than price asked for entire
3 property. Must bo sold to set
3 tlo up an estate.
9
\ W. E. Lawson
Bank of Hampton Building
Hampton, Va.
Phone No. 3.
PARKER'S
HAIR BAUSAM
ClMiT.trr nn.l bcMuMGcfl 0"' tialr.
" r.>i I'.lct h Itm.itAlit K?>iwtn.
H.-vor Fnlln to Bpftoro Urn*.
"ltalr lo |t? Youtlinil Ool^r.
Cur., ?.-rlp il'U-ura Ii (mir ItUiug.
2\: Dnjgpjti
FOR TREASURER.
To Die Voters or Ellznbotb City
County:
I shall bo a candidate for treaaurer
of the county In the general election
to lid hohl on Tuesday, November 4,
and I will appreciate most cordially
your support. I am not. running as
a candidate of nil/ political party,
clique or organization, tint shall sub?
mit my claims <<> the people, believ?
ing that It is tho voters who must de?
cide who shall servo them in their
offices of trust.. Seventeen years in
tho office gave mo a training that
certainly fits rite for the position, and
if i am ngain elected to the position
it will he my aim to treat all of the
people as I did while in office.
G.Vtf JESSE S JONES.
WM. JENNINGS BRYAN
The great orator of the Jday.
would have been President of
the United states, hut he talked
tod much. That Is whorl) we
differ. /
The. prices on our goods and
terms soli them, thus salving im
lots of chin music. \Ve have
several thousand satisfied cus?
tomers bilking for us every day.
Wo purp?SO to bo tUio largest
distributors of furn/lluro and
furnishings on the P/onlnsula.
21 Weet Queen St., (Phone 297.
NEWELL & CO., Inc.
._. Hampton, V?u J_j?
53 West Queen

Daily press. [volume], July 07, 1907, Page 8, Image 8
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Daily press. [volume], July 07, 1907, Page 8, Image 8
About Daily press. [volume] (Newport News, Va.) 1896-current