The times dispatch. [volume], October 22, 1905, Image 24

About The times dispatch. [volume] (Richmond, Va.) 1903-1914

Image provided by: Library of Virginia; Richmond, VA

                
HEAVY COST OF
LIFEJP-C.
l'Attention of tho G-iblic Attracted
Thereto and tlie Cause
Sought.
.A DESIRE FOR NEW BUSINESS
rriiis Has Lead to a Great In?
crease in the Commis??
sions Paid.
(Special to The Times-lnspntcli.)
NEW YORK, Oct. 21.?Tho public eye
Jins been directed to the heavy expendi?
ture., of life Insurance companies, owing
to recent revelations n_> lo their tnnn?ge
' ment, nnd many persons believe they
charge higher premiums than is neces
'? feary. .
There. Is no doubt thnt the cost of Ufo
?Insurance Is greater than it should lie. and
We may fairly pay thnt life Insurance Is
probably the only business In which' com?
petition hns not had the effect of reducing
1 tho chai.?.? to the* public. 'On the othei
Jiani], tlio excess of net cosi, aller due al?
lowance for tho dividend*, Is not ?is great
??is often supposed.
In manufactures, agriculture nnd the
transportation, groat reduction!. In cosi
hnve been made within a score of years.
Tho cheapening lias been effected partly
by cuti Ing down th primary cosi of tin?
materials to the producer before they arc
offered for sale and partly by reducing
the expenso of transferring them to th?
public after production.
In life Insurance, however, It Is, Imposs'
?d-le to reduci- what may be called the
f-prlninrv cost of affording Insurance to ilu?
1 public.'for thai depends upon the rato or
mortality, which Is very nearly unchange?
? nble and practically the same In a large
I company us In ? small company. There?
fore, tho only way to economize Is by re
, ducing the secondary elements of cost,
l'i. e., the expense of "setting tho business
.end of talcing caro of ll at the hbme of?
fice after It. hns been obtained.
Bigger Commissions.
As practically all the business of life In?
surance companies comes in through
o gents nnd solicitors, the comp?tition of
the companies for business Is really coni
fletltion to obtain agents that will bring
? the business, and the natural effect ?f
this has been to increase the commissions
paid to tho* agents and thus necessarily
enhance the cost of the insured. While
this is particularly true of the compnni.?..
that nre working under high "pressure In
the race to obtain the largest business, ?ill
companies, including the most conserva.-.
Ulve, have been compelled to pay more
than is proper.
In this connection it will be Interesting
to note the advance In the expense rates
of the oldest and largest company In this
country during the bust forty or forty-live
years, taking it a.s a sample of a certain
class of companies. In the years preced?
ing the Civil War, 1S-VS, 1ST.' and .IK.*", the
Jofal expenses of the company were barely
eight per cent, of the total income, and
the homo olhee expenses f?r taking care
ef the business were considerably In ex?
cess of the commissions paid to agents.
After tho close of the war business in?
creased rapidly; in the competition to ob?
tain it, commissions were Increased, their
amount becoming about double that of tlie
home olllce expenses, and the aggregate
expenses became fourteen per cent, of the
total income. By 1S70 the expenses had
?be?n reduced again to less than ten per
cent, of the total Income,, and they con?
tinued nearly the same for about llfteen
years.
After More Business.
Then a pretty steady increase again be?
gan, owing to "the apparent determination
of the new managers of the company to
do, if possible, more business than any
other company, regardless of the expense
and Its effect on the interests of the pol?
icy-holders: In this way. by is..., the ex?
penses became more than twenty per cent,
of the income, and ever since that they
have averaged fullv as high.
It will also be interesting to examine
the change In the premium rate., of this
oldest and largest company during forty
years, and herewith Is a table showing the
rates charged for ordinary whole Ufo
policies during the periods show at tho
read of each column. "With Ihe excep?
tion of the last column, all of the pre?
miums shown are for participating poli?
cies:
PREMIUMS FOR ORDINARY WHOLE
LIFE POLICIES OF ?1.000.
1S68 1S79 18S5 1899 Nonpar?
to to to & tlcipat"g
LA.ge. 1879 1RS5. 1899. Since. 1905.
J>5 ....?19.M* Mfi.91 ??.?? $21.31 J17 37
f_ .... 19.89 $10.91 ?20.-0 521.31 $17.7
f0 .... 22.70 19.30 23.30 24.18 18.77
B5 .... H6.38 22..2 27.10 27.8!. 22 S'l
f0 .... 31.30 26.01 32.20 32.70 _*7.oi*
NATURE'S ESSENCE
Extracted from the Roots of Native, Forest Plants.
Go Straight Back to Nature for Your Health. ,
There is Your Strength.
Consider your body ns nn engine
?-liicl. supplii'.'? you with nil activity of
nind and bn'dv. Keep tho machinery
voli oiled nml it run, smoothly. It
iocs not groan in doing ite.work. But
let the stomach, which ??'the llrc-box
m the human engine, get "out o? kil
t!H?" niul wo soon meet? with disaster.
Thn products of undigested nnd de
r .imposing food is poison to the system.
We do not live on what we eat, but
oh what wn digest, assimilate, and take
ip in the blood. The blood in turn
feeds the nerves, the heart, and the
vhole system, and all goes well with us
i the blood be kept pure and rich. If
ant, then the liver, which is the human
filter within us, gets clogged up and
poisons 'accumulate in the body from
over-eating, over-drinking, or hurriedly
doing both. The smash-un occurs
when the blood is poisoned by the
stomach and liver being unable to take
jare of the over-load I The'red flag of
danger is thrown out in the shape of
eruptions on the skin, or in nervous?
ness and sleeplessness, the sufferer be?
coming blue, despondent and irritable,
because the nerves lack nourishment
and are starved.
Nature's laws are perfect if only wo
obey them, but disease follows dis?
obedience. Go straight, to Nature for
the cure, to the forest; there are mys?
teries there, some of which we.can
fathom for you. Take the bark of the
Wild-cherry tree, with Mandrake root,
Stone root, Queen's root, Bloodroofc I
and Golden Seal root, make a scien?
tific, Glyceric extract of them, with
just the right proportions, and you have
Dr. Pierce s Golden Medical Discovery.
It took Dr. Pierce, with the assist?
ance of two lenrned chemists nnd phar?
macists, many months of hard work
experimenting to perfect this vegetable
alterative and tonic e>-' ?'. of the great?
est .efficiency. To ?? rich, red
blood, to properly n<.*h the nerves
lind the whole body, and cure that
lassitude and feeling of weakness and
nerve exhaustion, take Dr. Tierce's I
Golden Medical Discovery. It bears '
the badge of HONESTY upon every
bottle in the full list of its ingredients,
printed in plain English, and it has sold
more largely in the past forty years than
any other blood purifier and stomach
tonic. The refreshin?* influence of this
extract is like Nature's influence ?the
blood is bathed in the invigoratini
tonic which give's life to it and ine vital
fires of the body hum brighter nnd
? their increased activity consumes tlie
tissue rubbish which fias accumulated
in Die Fvslom.
The "Discovery '?' cures nil skin affec?
tions, blotches, pimples, eruptions and
boils ; heals old sores, or ulcers, "white
swellings," scrofulous affections nnd
kindred ailments.
The "Golden Medical Discovery?'' is'
just the tisue builder and tonic you
require when recovering from a hard
cold, grip, pneumonia or ? long siege
of fever or other prostrating disease.
No matter how strong the constitution,
our titolimeli nnd liver are apt to be
"ont of kilter" occasionally. In con
seqt?elice nur blood is disordered, for
the stomach is the laboratory for tht.?-?
constant manufacture of blood.
It is a trile saying that no man is
stronger than his stomach. Dr.Fierce'?
Gulden Medical Discovery strengthen;
the stomach?puts ii in shape to make
pure, rich bibod?helps the liver and
Kidneys to expel the poisons from the
body and thus cures both liver and
kidney troubles. If you take this
natural bio*., purifier nnd tonic, you
will assist your system in manufactur?
ing each day a pint, of rich, red blood,
that is invigorating to the brain and
nerves. The wonk, nervous, run-down,
debilitated condition which so many
people suffer from, is usuali*? the effect
of poisons in the blood ; it is often in?
dicated by pimples or boils appearing
on the skin, the face becomes thin and
the feelings "blue." Dr. Pierce's "Dis?
covery " cures all blood humors as well
as being a'tonic that makes one vigor?
ous, strong and forceful. It Is the only
medicine put up for sale through drug?
gists for like purposes that contains
neither alcohol nor harmful drugs, and
the only one, every ingredient of which
has the professional endorsement of
the leading medical writers of this
country. Some of these endorsements
are published in a little book of ex?
tracts from standard medical works
and will be sent to any address free,
on receipt of request therefor by letter
or postal card, addressed to Dr. R. V.
Pierce, Buffalo, ?. Y. It tells just what
Dr. Pierce's medicines are made of. . ,'
The "Words of Praise" for the s?v- |
eral ingredients of which Dr. Pierce's
medicines arc composed, by leaders in ???'
all the several schools of medical prac?
tice, and recommending them for the
^ure^ of the diseases for which the
'"Golden Medical Discovery" is advised,
6hould have far more weight with the
eick and afflicted than anv amount of
the so-called <^ testimonials" so con- :
spictiously flaunted before the public .
by those who are afraid to let the in- ",
gredients of which their medicines are
composed be known. Bear in mind ?
that the "Golden Medical Discover}?" ,5
has the badge of 330NESTY on every -
bottle wrapper, in a full list of its in?
gredients.
Dr. Pierce's Pleasant Pellets cure
constipation, invigorate the liver and
regulate stomach and bowels.
?d .... 37.97 32.27 39.10 39.36 32.00
5,9 .... 37.1S 40.30 48.50 -18.39 40.2.1
55 .... 59.91 50.92 fil.CO 60.82 50.75
CO .... 77.63 G.?/JS 79.90 78.09 65.35
The premiums in the scale down shown
In tho first column, adopted 1868, are prac?
tically the sanie as thoiie which had tieen
used for the previous twenty-five years,
so thut for thirty-six years, from tho or?
ganization of the company, ln 1843, until
1879, tho premium. chaMp?-for this most
usual form of pollcy?l?ad scarcely been
chang?*] ?t-all.
Raised Fifteen Per Cent.
G? 1379 tho rat?s for this form of policy
were raised 11 fteen per cent., and those
for other forms to ? somewhat loss ex?
tent. In the belief that the company could
thus obtain a larger business than tlie
other companies that were charging the
high rates. This, however, did not prove
to be the case, for the public did not
appreciate tho reduction, and the other
companies, being ahle to pay higher com?
missions on their larger rates/obtained
inoro agents and thus got more busi?
ness.
If the oliject of the management of tho
older company had Ineen to afford In?
surance as (moderately 'as practicable,
tho mere fact of falling behind ln tho
raco would have been no reason for
charging Its rates at that time, but the?
ambition to do the largest business andi
continue foremost caused the old and'
hitherto rather conservativo company to'
raise Its rates in 1S85, and this timo make,
them actually higher than those of any
oilier company, so. as.'jo be able.to pay
the highest commissions* that might be'
found requisite to obtain agents, "The:
natural restii of theso things has been'
a ? mad competition to tobtaln agents,'
which has to a great extent disgraced:
nnd demoralized the noblo business of
life Insurance.
In 1899 another sef of rates was adopt?
ed, ndvanclng the charge except at th?.
older ages, and Is still In use.., This;
company has latterly been Issuing non
pnrticlpatlng . policies, and Its present
rates upon that plan, as shown In tho
table, may fairly bo considered as that
company's opinion of whnt premiums are
really sufficient.
Insurance a Necessity.
The reader may n.sk:?"If the Insurance
c?manles are making a cost of Insurance
appreciably more than It ought to be Is
It wise for me to insure with them, or
shruld I go to some fraternal society or
.assessment organization?" ? o such a
question I would .answer most emphatlc
nl.y:?"Life Insurance Is a necessity and
should be obtained even If Its costs more
than It ought. If you wish Insurance
that renlly Insures candor compels me
In general to advise selecting somo eco?
nomic-ill regular? company. >
If you uro going to Insure for a con?
siderable amount it I.s always wise.? to
distribute It among two .or more com?
panies.
Another point ??Unless,?you n,re: ap .In?
corrigible spendthrift .and wUK.not save
without compulsion do no.t''takc an en?
dowment policy, but injure either, on the
ordinary life, of "the-ivventy annual prem?
ium life plan, and U.en""-el-?e?"/?. do your
own Invoslig with your surplus or-.put it
In a savings bank. '?
\ -?.-.
AM. COTTON OIL.
Reports of a* Pending Alliance
With Va.-Carolina is Denied.
(Special to The Timos-Plspalch.)
NEW YORK, October 21.?A revival
of activity in American cotton oil, after
? long period of neglect, caused brokers
to Inquire as to the results of the com?
pnny's operation for the fiscal year, -which
ended on August 31st. It had been known
thai during the period In question trade
conditions were adverse, for, notwith?
standing a large volume of business, the
margin of present was small, on account
of the high cost of cotton seed. In splto
of this condition, however, the company
succeeded In earning a fair surplus above
requirements for tlio period, and there
Ih resonablo certainty that something
will be paid on the common stunk. The.
amount will not he large, but It will at
nil oveilts keep this Issue on tho dividend
list.
While rumors of a pending alliance with
American Cotton ,Oil accompanied the
upward movement in Virginia-Carolina
Chemical, there in good authority for the
Btatoinent that these are without founda?
tion. It is a fact that a number of AVnll
Street people havo owned stock In both
companies since tho movement to effect
a consolidation a fow yours ?go, und on
account' of thin common ownernhlp a
favorahlo development affecting imo may
ho used ns tho basin for a market move?
ment in both. The present Strength in
"Vlrglnln Chemical Is In this wny irnce
nblo to ' the compartlvely favorable
showing of which Is likely to be made
by tho forthcoming annual report of tho
American Cotton Oil Company, and tho
Inference which Is to-day to bo drawn
from this In regard to the buslnt-ss^pf the
Southern Cot Inn Oil Company, U Hubnld
Iiiry Of the Chemical Company. A? ono
of tho oil companies I? doing fairly well,
tho probe, ?lilt y \?i that the other I? -.It'?
no new element? of competition h'tvlnif
formed In tho trading during thn y ftr.
?--?
Age at Which to Shoot.
I_ord ].iil?trt? 1? of the oplnli/n thai I/O/?
should not in??:!-. t<? practica mmvtt ?1/1?.
fhootln? under the ?.*.? of it,, bu. t?**t
they ?nay very well Mi tttUifbt ?nlfi"?m<*
rlflO'Shootlng fron the nie??, ot un, 44 I?
Conn in. tho Kreuch ntUotil?.
IS
GREATEST EVER
How to Transport Thent to Mar?
ket Now a Puzzling
Question.
TRAFFIC MANAGERS WORRIED
Appeals for Cars Are Coining
From Every Side?Grain
Harvest.
(Special to The"',Tlmes-Dlspatch.)
NEW YOHK, Oct. 21,-Tho government's
Agricultural ^Bureau'has announced that
the harvest of tho farm products this fall
will lio the largest In tho history of tho
country and that tho wheat nnd corn
crops nie phenomena.!, both as regards
quantity and quallty.r ! This Is news that
should fill the heart ot every American
wllth eratltudc to a licneflolent Provi?
dence, but thero ar0 .some men who do
not feel so thankful for nuture'e bounti?
ful outpouring of hor gifts. They are
tho truffle-managers, of Ihe great rn.il
ronds that will be 'called upon to, move
this tremendous crop from the growing
contres to the Eastern markets and ex?
port points.
To thu average person tho statement
that tho corn crop of the United States
will surpass that of last year by nearly
two hundred and forty million bushels
will mean that thero will he moro fodder
for stock and that cereal foods will bo
more plentiful and perhaps cheaper; that
Europe will probubly get the benefit of
sume Al corn, which .she wants very
badly, if all reports aro truo. Tho stato?
mela that there will bo 331,000,000 bushels
more wheat for market than In 1904 sug
RUests larger bank accounts for the farm,
ers and more flour to send abroad.
A Knotty Question.
But to the traffic manager these state
mentH are something to keep hlm awake
nights. Every days reports come to his
desk stating that west bound traffic Is
the lieavlest In the history ot American
railroading. He. is aware that this con?
gestion Is caused by the. most remarkable
revival business and commerce tho rail?
roads have ever experienced, nnd that
In trying to care for the tonnage on
tholr own lines Individual roaos are re?
fusing to ' let their rolling stock leave
their rails.
Every mall brings ? him letters from
commission merchants and handler's ' of
grain generally, asking for cars In which
to movo hundreds of thousands of hush
els of wheat, barley, oats or corn. Each
shipment wants his'cars first, and be?
lieves himself slighted If he does not
got them. To' make matters worse for
the traffic men, the barley crop, which
Ib unusually good this year, began to
move In August, a month earlier than Is
customary. This was caused by a lively
demand for that grain in Europe, and
conseriuently thousands of box curs
which would otherwise have been used
to gc\. commercial 'products out of tho
way In'time for the fall grain rush havo
been demanded by barley shippers. in
brief, thero Is every prospect of a car
famine In the grain trade during the
remained rof October.'!
Probably the road -which has the most
difficult traffic problem ' to solve Is tho
New York Central and Hudson River
Railroad. This is'the road that takes
care of tho grain brought from Western
points by way of the great lakes and
Is loaded Into cars'-from the holds ot
the big whaleback "steamers or la tem?
porarily housed in the great elevators In
Buffalo. Reports from that city state
that already there?'are more than six
million bushels stored there, and not a
car yet available to" move It east.
Irnn^nse. V ield.
Government reports "from Minnesota
and tho Dakotas,.v.bow,?that .from these
States alone? ?t'h? yield Of wheat and oats
?will be sufficient to fill 175,000' cars. How?
ever, astounding these flguse's may?? be.
they are comparatively' Insignificant r.be
sjde thoso prepared by. the Chicago ex.
pert regarding the corn crop.
Tho government'?, statement that the
'corn crop will exceed that of last year by
239,970.7?0' bushels means that tho total
yield Indicated will bo.2,707,751,700 bushels.
Expressed in dollars and cents it may
be said that to move the crop of wheat,
corn and oats, If carried from Chicago
to Now York, for export, on a freight
basis of two cents a bushel on tho lakes,
flvo cents rail, and one and one-quarter
cents insurance on board at Now York,
the transportatio compeles would receive
for the service $357,237.713.26.
If the farmers received the value of
oly their wheat and' corn at the rato
of eighty cents a bushel for wheat and
forty-nine cents for corn, thoy would
have $3.873,&3S.3_3.0u to depos'lt In bank.
The only remedy for annual car fam?
ines 'Is for the railroads to provide cars
enough for maximum business, and this
is something they will never do, because
for the greater par of the year all the
side trnvks on every road would he filled
with Idle cars.
It. Is learned that the Pennsylvania sys?
tem alone has pending orders for cars
?which will cost nearly $20X00,000. Tho
Erio .has recently decided to build. 1,000
steel gondola cars and 1,00 box cars,
While the Chicago, 1-ik.e Shore and Eas?
tern and tin. Burlington are ln the market
for I.OO") and 2,000 box vers respectively.
The grent outlay which the Pennsyl
vanla will make fur new cars is believed
by railroad men to to. due to the desire
of the company to lift Itself from fifth
place among th.? roads carrying the bulk
of the grain traffic to a place nearer
the head.
Grain-Carrying Roads.
The five great grain carrying roads ln
relantlon lo the volume of business done
ln this lln.? the New York Centrar Is
?aid to henil the list. Next comes the
Erie, then ihe Uhlgh Vail y, with tho
Delaware, I-uekawunna and Western a
goo. I fourth. Th? Pennsylvania is last
on the hit. :
Efforts to meet thh present situation
have Just abou ? exhausted thro railroad
clerks, who have charge of the icar
records. Car tracers] are,using all their
skill to find box ear. that have strayed
or nr Idi?? In order that they may bo
rushed, loaded or empty, to the grain
growing dlj:i li te,
It Ik a undi r'.-iking of greater magni?
tude than tin? layman ha? any Idea of to
et together d,?'.? extra car? and deliver
them al a Ivon point at a glv n- time.
Bt, Paul and I ?ninth and a dozen more
centren of Ihe grain shipping Industry
will ?lamor for twice u? many care. as.
can possibly be i-ent them.
Of courue the d.-'ny In handling the
grain crop will mear? a Ioks of many
fortunes to thou, whos success of fail?
ure In wheat ?? corn deals depends upon
th? rapidity ?r tardiness of delivery.
LARGE DEVELOPMENT
Seaboard in Tazewell the Centre
of Coal Operations,
(Sp?cial io 'itili Tlmos-Plspatch.)
HiOAISOAIU?. TAHMYVKM.,? CO., VA.;?
October ?). 'G?,?? ,.,ctlon Is Just on the
threshold of ? gri-al Industrial develop?
ment. Th.? i:,i; cr?-ek Branch of tho
Norfolk m?'! Western Hallway extends
from Iho inali. Clinch Valley Division to
Hu; foot of in? Hm.ily Rldgc, a distance
of about m>y,;n ,w| one-half ' mile-. It
runs tliri/ujfh ?nd ilev-lopl Hie lumie of
th? Tn.evTill Coal /.and Corporation,
which ov/im -??..-i?.i'ig over ten thousand
-'.?iv* tit c-al In ibi? ?nil Buchanan
(ro'intk?.
This ewnftkiiy Ir. controlled by Messrs.
?. ?. tti.l II ? a y ere, of III? ?tone (Jap,
.?? Is <??,??...?;..?? at |.00,(3.0. There are
four ktuii.tt of </,.,i ?,?,?,?..? drainage, run
nlfl? trota iiv ,,, ??, j??tot j? thickness.
Th. ..//;o-..,.y ?.,.,: luiej pf- the land Into
thtituUUi ?..,.?.?. .,- nye hundred acres
**?.??? ????/? ii.'i.i?)/ iiuvft two louse.*, the
h>.?,.?-iii ???,, ???f?,?? and thn Rlch
la/,1? tUm\ lU/inuny The Heaboanl Com?
?,.?,?/ bu . .<?,?? tjf eighteen hundrurt
?iA'.e# uia ;.-. ->iy. /uij/ik two mino, cou
Mailorders Promptly Filled.
The Tyler Store, First and Broad.
t _I_?
? - I
Tyler is Giving Away Free Hundreds
o! Silver Sugar Shells on Mondays.
The aoove illustration shows the exact shape, size and character of the rich decora?
tion of the American Beauty Rose Silver Sugar Shell Tyler gives away, absolutely free, to
each lady making a purchase of $1.50 or. more on Bargain Mondays.
The ware itself is very beautiful, and must be seen to be appreciated. Plated with pure
Coin Sterline Silver on metal base with a fine finish, giving an appearance which enables
retail jewelers all over the country to get $1.00 at retail, and they are well worth it.
We make this offer of giving ? Silver Sug^r Shell free to each lady makmg a pur?
chase of $1 .0 or more on Mondays to interest every woman in and around Richmond in
this up-to-date home-like Men's and Boys' Outfitting Store, and to make Bargain Mon?
days the busiest day of the entire week. Read the following Bargain Monday specials
over carefully. If you buy, you don't have to, keep the articles unless you are thorough?
ly satisfied with your bargain._, . ?_
Monday Specials in
Boys' Autumn Clothing
Tyler Glothing for Boys and Children reveals at every point
the care bestowed on its fashioning and making.
Children's Suits.^
in Bustor Brown, Snilor and Rue?
hian Blouse stylos, of Blue and
Black Serges, Fancy Worstede
and dainty color combinations
sizes 3 to 10. Special,
$3^48
Boys' Top Coate,
?f fine all-wool Covert Cloth, In
the newest fall shades, hand?
somely tailored, ages a to 10.
Special,
$3.48
Boys' Suits,
in Two-Piece and Norfolk styles,
of all-wool Cheviots, Cassimeres
etc., plain and Knickerbocker
Trousers, ages 8 to 17. Special,
$1.98
1 ' ______==___=: -/
Children's Suits,
in Bustor Brown, Russian and
Sailor Blouse styles, of all-wool
fancy Worsteds, Cheviots and
Cassimeres, sizes 3 to 10. Spe?
cial, .
$2.48
Monday Specials in Men's New Fall Suits
MEN'S SUITS, of double'
and twist fancy Worsteds,
stylish Tweeds and durable
Co_*slmores. Single and
Double-Breastcd styles,
modo -with the new deep
centre and side vents. Spe?
cial.
MEN'S SUITS, Of high
grade Black. Thibet, cut in
stout, slim and regular
sizes. Special .
$12.50
MEN'S SUITS, of very
choice, nent fancy Worst?
eds and the newest foreign
novelty Tweeds and Chev?
iots; newest and swellest
Double and Sln*_.o-Breattfed
models. Special.
MEN'S SUITS, made of
the finest all-wool Blactc
Thibet, cut In regular an<f
extra size?, strlcUy hand
tailored. Special .
nected by a large trestle extending across
Blg .Creek, making a double tipple.
Other mines,will be opened and brought
to this common tipple. It Is estimated
thnt fifteen hundred tons per day can
be dumped from their tipple. They also
opernte another mine about two miles
further up the creek, known as the Vic?
toria Mine. These .coals are of a high
order of excellence. They have be/n
thoroughly tested by the Norfolk and
AVestorn Railway Company and pro?
nounced tho equal of any for Hleam pur?
poses. Coke from theso couls have been
made In the Wise county ovens und de?
monstrated to be the equal of any. On
account of there beliig only a trace of
?phosphorous this coke will be of especial
valuo In the manufacture of Bessemer
steel, enabling tlio furnace to use ores
containing a much larger percentage of
phosphorous than can be Cxjd with other
. eokt? from this and the \*?ise county
field.
To the north of Messrs. It. A. nnd II.
J. Aycrs's holdings Mr. Thomas M. Rich?
ter owns a large lw'undary. Mr. Richter
Is a widely known operator In Pennsyl?
vania, and Is preparing to develop on a
large scale. On the east the Fnrrady
Coal a.id Coko Company own a largo
boundary. Mr. TI. C. Frlok Is supposed
to be the largest stockholder In this com?
pany. , !
H. J, Ayers Is vice-president and gen- |
eral malinger of both the Seaboard Coal
Company and the Tnzewell Coal Land ?
Corporation, and as such has been in c
tivo charge of tho development. Mr.
Ayers formerly represented Buchanan,
Dickinson' and Wise In the Virginia Leg?
islature', The riant of the Seaboard Com?
pany Is up to date and thoroughly equip?
ped In -.very particular. Thr-y hai* their !
coni with a steam locomotive, and mino ?
with nonipreBsed air mining machines.
Tholr largo store building nnd offlcos aro
heated by pleum. Mr. Ayers hns directed
all Improvement-1 from the beglnhlng and
as a rosult they have one of the most
completo coal plants In this section,
Outcrop lines are now b?/iig run, and
other operations will In tho near futuro
bo lnstnllod.
The Hlchlnnds Coal Company have a
most excellent miperlntef?dent In Mr. M.
R. McCorl-lo. Jlo Is a son of M. C. Mc
Corklo, Well known In lumber circles.
:Tbo H. Fugato Compony havo a largo
boundary of timber in Buchanan county,
whloh thoy are actively engaged In mar
ketlhg. Mr. Watt Fugalo is tho vice
president of this company.
The Yellow Poplar Lumber Coif pony
aro engaged in building a railroad from
thp Norfolk and Western across io
Buchanan county, a distance of several
rnllos. '
There Is no prettier place for a town
along the Clinch Valley pivlslon of tho
Norfolk and Western than Rlohlands,
On account of tho Inexhaustible forests
of chestnut oak it would be an admirable
location for a tannery or oxtraot works.
With groat quantities of iron ore and
coal and limestone right st Its door,
what is to prevent Rlohlands at last
realigns the dreams of the boom days?
Improvements for Airlee.
I (Ppeolal to Tho Tlmes-Blspatoh.)
WILMINGTON, N. C, Ootober 21.?Mr.
end Mri. Pembroke Jones apd Miss Sadl?
Jones arrived in Wilmington yesterday
morning from the North, and went at
once, in one o? their handsome and swift
automobiles, direct to Alrleo, their magni?
ficent winter retreat. Mr. Henry Wal?
lers also arrived from the North yester?
day, and will spend the Sabbath with the
Joneses.
It is understood-'that tho present brief
visit of Mr. and Mrs. Jones is to order
some more extensivo Improvement ? at
Alrloe and to prepare for a brilliant Yule
tldo senson, when It Is expected that
many wealthy society folks of the North
will bo their guesus, and when a swell
social function will be given In honor of
Miss Jones.
ROOSEVELT FURNITURE.
Trinity College "Will Preserve
Table and Chair He Used.
(Speclnl to Tho Tlmes-Dlspatch.)
DURHAM, N. C. October 21.?Tho stu?
dents Monilny organized an association,
known ns tho Trinity College Glee Club
and Orchestra Association. Officers were
elected as follows: Presldont, W. H.
Crook; Vice-Presld(?rit, H. E- Spence;
Secretary and Treasurer, J. K. McPhail. .
?Wednesday was given os a holiday to
give the students of the college an op?
portunity to attend the fair at Raleigh.
Wednesday was given Instead of Thurs?
day, so that tho students cotild bo present
to hear tho speech of President Roose?
velt, which was delivered near tho college
gate.
.President Kllgo purchased the chair
and deek used by President Roosevelt
here Thursday; also all tho chairs, and
other furniture on 'the reception stnnd.
They are in the Memorial Hall, and wl\\
bo kept as a memorial of tl>o President's
visit.
At the preliminary contest held to select
resresentatlvos for tho debate with Van?
derbilt 'University, Messrs. E. O. 'Cole
rind W. G. Jerome wero selecto^. Tho
debate will be held In Nashville, Tenn.,
In December.
The Broad Street Bank
" Invites the patronage of all who desire the
services of a thoroughly equipped, conser-?
vatively managed, banking institution.
Interviews and Correspendence Invited
Printing
We are doing business at the old
stand.
WalthaJl Printin* Go.
No. 109 South Twelfth Street
Phono 100?.
Store Your Coal Now
find you need not worry aoout fuel wheti cold weather comea. W?
?re ready to nerve you with all klnde of COAL? AND WOOD AT POPU?
LAR PRICES,
Special''tbie week: One ton of Nut No. 2 at $4.75.
t?lVE US A CALL.
CITY COAL CO.,
PHONE 27??, LOMBARDY AND BROAD.