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TEMPER OF WHEAT
MARKET CHANGED Prices Are Higher and Short Sellers Anxious Because of Light Primary Receipts and Unfavorable Crop Reports. New Tori?. January S.?There was a radical change In the leinper of the Wheat market early in the week, exist? ing conditions being diametrically op? posite to those that prevailed In the preceding week. Sluggishness and nar? rowness was displaced by buoyancy And rapid variations, .in.I the;,- was a general awakening among the specu? lative elements. At the outset strength was largely ascribed tu nervousness among shorts, owing t<> unlavo'rablo weather news, the temperature being low In the Southwest, as well as in the Northwest. Ituymg was stimulated by decidedly light primary receipts In the Northwest, where the arrivals were more than 50 per cent smaller than in the same days last ye;.r. Advices from the West Indicated that professional operator* wen steadily adding '?<> their large line <if May nil Chicago, prompted by suggestions that j ihe crop of spring wheat bad been ma? terially overestimated. The belief in a I . top of less than 2OO.fOO.O00 bushels, ' instead of vrt I.?><">.?"*?"?. according to the filial government report, is greater. K?rrners have already marketed ;i big proportion of their surplus, anil dealers anticipate large reductions in available supplies ere lone. Demand w:>s accele? rated partly by the encouraging cable iulvtces. Kuropefut markets were K'reng. influenced by the light world's shipments^ the big decrease In the quantity on passage, and the large re. fiuction in the European visible sup? ply. The Week-r.nd Market. Late in the week there was even more striking buoyancy. Offerings were small anil demand fairly ani? mated, short sellers displaying in? creased anxiety to cover, partly he cause the big bulls still gave strong support, white primary receipts coti II ruled light it ml exports ftilrlj large. It was the general Impression that tho next visible supply statement would I show an appreciable reduction. Crop advices were unsuilefm tory. The crop j In tin- Southwest presents an linfayor j able appearanee. owing to the <???!<! I weather, and the scarcity ?f snow prd I tectIon. Reports from Kansas iitid I Oklahoma, where the drought was mcst I severe, stated that apprehension [ winter-killing was entertained. Kur I therinore. cable advices have been of a I Stimulating character, Ktiropesii mar? kets being lllllucnccd by the matetial ly smaller exports from Arpentluu, I mid from ether countries. It Is be? lieved that jhe world's export* for the week will be light; resulting In a tilt; 1 decrease in the quantity on passage. Further large quantities of Manitoba] wheat had been sold for forward ship- j nichts via outports. but this cannot be considered a bericllcini feature as far as our markets are concerned. Ullr markets are mainly Oil a domestic! basis, for the time beinK. as we seem to l>e out of the running as un ex? porter, unless It lie of macaroni or red winter wheat. Crrater Acllvltj in t orn. There has been i'titber more anima? tion in UOrn, and a stronger tendem y has .prevailed; but the lluctutitibits were by no means wide. The strength was attributed mainly to covering by short sellers, prompted largely by fur? ther reports of damage by drought in Argentina, which lei t,, fairly big buy? ing by exporters. \ decided advance w as checked, how? ever; by continued nhundnnt receipts Ot primary points, und reports that farmers were making fairlv large de? liveries to country station.-. DECLINE IN PRICES FOLLOWED BY RALLY Trading- in Cotton During' Past Week Has Been Mostly Professional, and Figures Have Been Irregular. New York, January s?-The trading In .otton the pas, week has boon light In volume, as a genera! rule, ami most? ly professional, with prices liucttiutlng In an irregular ami unset Hod manner. Intervals of liquidation and Southern soiling have, however, predominated, and this tendency has given a drugging tn prices against occasional rallies on support and covering of shorts. Kroin the low level of l I.SO for March, und It.Hi for May. there was a recover;, pi twenty ?n twenty-live points at one time l.v eativ I'riday morning, bringing March up to !.".".! ami May to Ifslo, Hut most ol this, however, lias since Pe.ett lost. Spot'markets have changed little, hut conditions ore reported eas? ier .-ir.''. in i.'tyers' favor ;.t most points in rh'e South, from a failing off in t?ie Ce:.i-r. ?. .'r-.-r.i English and Continental ?-p*r.r.< r?" scent* This is attributed to the large purer. *.?e* ihey hiiv< ; '? iihd- snadc sri'i the d*?-trt- to aw:,-.: r... r.*.v ri'.ni.is reports of :'-< C?-.slik t:::r :o s.ett:e tn? fire of the ? rop. In the m*8nsnr.? outside speculation ta*: future no\ernment Report*. a g majority of trade 'titefests. I* -.*!', as the rani: of i! ?? spot ? j ubllcailoti of the! next oth i -1 report crt the Census Bvreau er; iii.e ginning c-f nc crop bi-for? auemj tine '?" antic, ir.at' ti e hext Important movement In the r -irket. This is ?de to be an r.o?:ie"Just bp'ort th.t opening of the market en Tuesday. Of late there has tie eh a disposition on the part Of the b-;:i Interests to exaggerate the amcfunt cf cotton that hus been ginned. This hau. undoubtedly teen fo: tt.e ,- rpose cf nulling the tn'>rk<t egain after it has been published, tiri ihe ground that it is ?inaller thanv,iiH.il fe'etn anticipated, itnd therefore a hew bull argument. It remains to be t-c-c-h whether ti l.'' plan Will be successful In reviving a 3atmg or Investment buying htoyerricut finch estimates how current iijr? that this report will show over ll'O.l'OO hales ginned from I>*oember; It to January 1. against 2SS.O00 bales f-.r that period last year. This would bring the total amount of the crop ginned for t!.< sta? tion up to neat li.lO'J.OOO baits. in conservative trade circles, usually well informell, it :- not believed, how? ever, ihe coining report will Show o>.Ut? as much as that total. At the same time it is believed the not report from the Censhs Bureau, due oil Jan uary covering the amount of the crop ginned to January 15, will show a sufficient amount ginned to that date to very plainly Indicate * lull Confir? mation of tin- government's crop i-ti ynate of I l.li'COOO, niade on (?eeettibei t>; when the final report from (.'en aus Bureau for the season Is announced on March That report, bohle- ui-. lug whatever additions ami correction; which Ii.ay Ii'- und? to I he total nin-j ning llgtirca mi the (iop. will give the] not and gro?s wei? lit of the bales. Thai | will settle tlio i.lop of i?lOi No other government report will then 1"- duo I until acreage and condition report on the new crop of 1911 is ready tile llrst week in June. The Crop o, t'otiMimptlnn. if the ginning roport fully confirms tlie government's crop estimate of 11. lilC,. hales, nliout 3t0;000 hales for the season'!) Unters and repacks of sample cotton will be added to those figures, with the possibility of about loo.nop Ifhles extra, which may be mar? kt t-.i during August from the new crop , I before the cotton year of i910-'li ends j Oh August SI. Thai would give an lyajlabtc supply or. the total commer ciul movement for tile season of 11. ^ ???.'?.<, plus the amount carried ovet 1 at the end of last season in the Invisi bii flocks by the mills and the known ? visible of about ?00,000 bales of Anier : li.-^n cotton This would be the amount a.li able to meet ;he requirements ot the worlds spinners for their actual mptinn until the new crop Is ready :?? come on the market next, Septem? ber Calculations on the probable size of tin- world's consumption would then : be. in order. Mr. Kili-on. the recognized authority In Knglatul on stich matters, has So far merely rendered a preliminary indica? tion of between ?;yO'O,O?0 and K'.onO. 0110 i.a'i's. There are so many things to bs considered in rendering an esli I fnaie ('Ii th< world consuinption of any j reliability ;;S late, as the end of ibis I month or in February H.at even then liiey are hazardous. The state of trade I throughout the world must be care ? considered in connection with the I actual consumption "f previous years i ?pcciallj ir. Kngland. (SeHnariy, Fiance, I Ait'trlii, India and China, as well as in ] this country. v i uinpllealed Problem, 'rhen there !s also tiie i|Uestioh as to which splt'iiers may have to pay i for the balance of their supplies for v.. season, and whether there will lie pl ifl|ablfj basts between the raw isla . ? and ;;.<? iii?htsfacture'd goods to take i into consideration. The subject, in? deed, i--- stich an extensive and perplex J :i:ir one, with much to be taken for granted, that eyijn the best expert cal . dailoni ill;- that of Mr. I'.lllsoh, may <?? bvet?. vOt.'.?OO hales from the lilll I mate result. Consequently the prob? lem 61 figuring Ihe probable value of coti ?!; the balance of the season from j the present basis of over 15 cents pet pound 1 ?: itie staple on a total actual 1 yield "f Il.r.ilt'.??O bales, ai d a commer? cial rriip movement of possibly i;.00n, ' ? ed. |" not nearly BO simple to the old? est find most experienced cotton men It: tiie trade at it looks to the many I new /'diners, who are now predicting IT and ultimately 20-cent cotton <m t that basis HOPES ARE TEMPERED BY PAST FAILURES tfoil in the speculation ami not hiiicti j participation outside of pt... i,.,,.., [ ranks. The summing lip "f the pntfi i year's record and the coining year's prospects in numerous annual revldw? had the effect of tempering hopcn foi the future by tin- remenilirahct of past disappointments. Conti lienet tti the ultimate outcome of the opening yeai will he fairly general, but authoritative opinion showed sonif wide divergencies over t)*-i probable period tie- i' seMon of the latter part of last ycai SuggeKtlons that business might still Vie kept ivftltir. ver! rl "d limits by a spirit of caution and by thi necessities of the credit situation, available capi? tal supplies and retrenchment,:! dl operating and producing cost*-, were not calculated to Incite 16 fresh prices In speculation. ? pparcntly some expectation had been f,.|t that these doubtful factors .might Induce a degree of positive de [?prcsslon and a short Interest remain i.flig uncovered was the consequence. I'fhe demand to cover from this sourer, [imparted strength-to the market, 'rite [measures of retrenchment and ecbhoniy i*o generally in force, while marking a [halt In enterprise and progress, are ^recognized as the correctives for .vha*. ? Is lacking m condition! Tin- progress ?[of recuperation already shows in the .rtnotuy. jneikut. An exp.aud.ing \oiumo .f iuiriii dealing* and a rising l?ad?nCy nf prices in that department ?r. c hopi fin bettcV terms for new Issue's Which j must shortly heroine necessary than I thought possible lahl :h 1! Stich tyrnptnins of replenishment of the *-?*!> ply of capital >eeklrik Investment point to a means of paramount Importance for rcHef from the deadlock which liud Urbttght enterprise to a Mate of sus? pense. The further ptogresv 01 ces? sation of these symptoms of the Invest? ment demand from fr??.h capita! will be watched ? hi, keen attention for the deelslvt effect likely to b< exercised otl speciilailve Initiativ?. failure of n local trust company yesterday wax utterly without Influ? ence on the st... V market, which cloned ai he*( pr'lt-es of the week. 'Ho- em barrassment of this institution Is i.e. lieved to date back to the paii.iri <>x I 19,07, when 11k i>'>-?'. 11on was admittedly i precarious. 1107 East Mal? ''?,,. Mambars: NUW VOItK STIf'K KXUHAKOB. NEW YOltK COTTON KXCItANUE, cu1ca.co ho A It I) ok Tiuru;, XL Ia ROOJSM. bfjir-airsr. DISCUSS METHODS OF SANITATION Lancaster Association Holds Regular Meeting?News of the Northern Neck. f Special to The Times-Dispatch.] Lancaster, Vit., .lumittry S. I'ho rcg I ulttr monthly meeting of the Lancaster Sanitary Association was held In the . High School building hero yesterday with a large attenduticc of members, Hr. M i" Obi hum. member of the ! County Board <>i Health, delivered an I Instructive lecture on the causes lind prevention of Infectious ami conta? gious diseases, for which the associa? tion -axe him a vole of thanks. Ite ports made by the .-t?ndln? commit? tees showed That the work of putting the village under sanitary regula? tions had begun, ami it is expected before the beginning .>r spring1 to hnvo all the promises in the village sup? plied with sanitary appliances in tier eordanee witii the regulations adopted bv the Slate Health Department and the statutes enacted on the subject by the Ueueral Assembly. The third meeting for tlie session of the leinenster Teachers' Association ?iil beuin hcro nux'i Friday, when Stute I Superintendent leggiest on and I tobe ft I. Illanton, editor of the Virginia Jour? nal of Education, are expected to malte addresses. An attracttx'e program has bceii arranged, and many teachers, ?cbool olllcials and friends of educa? tion are expected to he present fire Frank \\ . Lewis, superintendent of the schools of Lancaster and Northumber? land. Is about to complete his vlsita- ! flon to the schools of this division Last week he attended an cduc.iii.in.il gathering at Itectlvillc. In Ute lowci i part of Northumberland, where u Hi ble and a large United States (Ini: were presented by the Junior Order 01 , American Mechanics to the high school I recently rebuilt there to replace the qiit: .lestroved by lire last spring Miss Agile? I'almer. who was elected Queen of the Holly Itealm ill the recent festival held at Kilmamock, lias appointed A. A. t'ri'lle. of Tuppnlion noek, her minister of State: Miss Ma? rie Itliindon. Hrst maid of honor, and Miss Julia v. Harding, second maid of honor. Oscar Trifuiu, the farmer who com? mitted suicide several days ago in the lower oart of Lancaster by blow? ing bis brains out witli a. shotgun. Is sud to have been driven to commit the rash act by despondency about his health and that of his wife. He was about forty yoais old ami leaves a wife, hut no children. Martin s. string fellow, of Itrandy Station. Vs.. has severed his connec? tion with the Central I'lilon Life In? surance foinpanv. to assume i be duties I ..f president of the Menhaden Flab j Factory Company, recently Iricorpor- i it ted to do business on the huyside, I near Kilmarnock. lion. Harry St. ! Ueorire Tucker and Colonel Joseph F. j Wlllard, former Llnutenant-Governor and member of the Virginia Corpora- | lion Commission, are members of tlmi company, whtcli will begin operations In the spring. A. W. Reed, of Westniorehind. has pun based a farm near Lancaster ] Courthouse from John II. Mavis, and will settle there shortly. Warner Ueunc. an ; old and highly lospoetod citizen of Lancaster, who was aoveroly .paralyxcd one dav last weeks whUlc going down Hie Coroto inun River In his kukoIouc launch, la reported to he slightly, bettor, but owing to hi.-: advanced age but llttlo hope Is entertained for, bis recovery. It. Otis Hurtling, who has been dan. gcronsl.v 111 with pneumonia at his home on the Great Wleomlco River, is said to bu on the safe road to re? covery. The epidemic of diphtheria which broke out In several families In this vicinity about two weeks before j Christmas, thanks to the prompt ac- ' lion of the Hoard of Health, has been checked, und no new eases have been reported. The quarantining of the In? fected families nnd the use of anti? toxin nrovented the sproad of the dis? ease titnl the fatal termination of any >>f the eases. Mrs. Clarence Huna way. of Rich? mond, and Cadets Ralph and Cyrus Chllton, of Hie Virginia Polytechnic Institute, who spent the Christmas hol? idays here at lite homo of I heir father, William Chllton. clerk of the Circuit Court, left yesterdav. Mrs. Mary llltlncr. wife ..f John Hitttier. living at Wecms. in the lower part of Lancaster, died last week ?Tri ler n lingering Illness, in her:seventy eighth year. She was a native of Ger? many, but had lived in Lancaster for more than twenty years. She I? stir | vlved by her husband, two sons and j thr.laughters, all living at WeeniS ! The funeral services w ere conducted lh jthc Presin terlan Chapel at YVccms riy the Rev. .1. l). Hosier, of the southern j ! Methodist Church. ?? I Mrs. Klla Hale, w ife of /ephanlah ' Hale, died at her home near Sunny-I I bank last Thursday night, after an ill I ness of several 111011111-. She Is sin - . I viveil Ivy her husband anil one child. The funeral .services were conducted' 1 to-day by the Key. .lames 1-1. Mass.-y, ! I.if the .Methodist Protestant Church. l-'.nslcrn Shore New*. Onnncnek. V'n., .January S.-r-The I oyster business on Hie seaside and ba;. - I side of Acoomae has been exception-1 ally good for the past sixty days, At, I Cblneoteaguc plants nr.- fatter lba.nl I usual, and are hrlng'ng fnncy prices.! ' An average of a thousand barrels u ? dHy of selects are being shipped by tail. in addition, large quantities of, medium stock are shucked for rail shipment and loaded 0:1 vessels In the shell. It Is claimed that every man, 1 on the Island has work and money. On the Chesapeake side. In Tan? gier Sound and off Onancnck bar.. tile catch and growth ol the year was" large. The oysters are f;?t. and sell leadliy to vessels on the ground a: high prices. Tangier Sound has sel? dom had so prosperous a season. Wednesday night last Herman hi Cast. :i resilient of the town, walked to Helle Haven and hack in Seven hours t and liftv minutes. The round distance is iwenty.-elghl miles, and was to he made In eight hours. lie left Onuncock at midnight, re? torted at the central telephone office in Helle Haven, where lie was known by the operator, and returned to Onan eock. having eight minutes to spare, ?no- wager was and he was not tti eat or drink anything during the jour? ney. The weather during a part 01 Hi week has been quite cold. Hi spite of Ihis and the free/Mug of land and water, two snakVs were found crawl? ing as best they could neu- the town. ; and were killed. One was a black. : nix feet long, and the other a mocca 1 sin. _ _ INTEREST ATTACHES TO GINNING REPORT N>w Orleans, La., January 8.?The I New Orleans cotton market tills week will not open until Tuesday morning, owing to Monday being the annlver : sa'ry of tho battle of New Orleans. , The tlrst thing Tuesda} morning, live I minutes before the trailing In the fit. I ture market, the Census Bureau will ' issue a report of the amount of cotton tinned up to January 1. it hail fot spine tune been assumed that this ro ? port would be of no special conse? quence, but rumors- from the interior ; that gtnners were again increasing : their working time, however, caused ? considerable Interest to be attached to I the ilgures. Tht average expectation is probably I for a report of around 11.000.000 hales which would mean that something over [ 100.004 bales had been gained In the i period between December Kl and Janu? ary 1. In the same period last year, : '.'>?.a0" bales were ginned. This in ' crease. It Is claimed, is due wholly to the ginning of threshed cotton', that j is. cotton that has 1.n threshed out I from frozen bolls. Tuesday's report iwill compare with 9.017,327 bales ginned ui> to January 1 a \ ear ago, and 1 12.4C5,29S ginned up lo tin: same time two years ngo. \VItil ilie census report out of tliu j ivay Uie trade will lie able lo give its I undivided attention to the statistical situation which is now unfolding It? self in a very interesting manner. To many the very large movement has I meant thai the crop is larger than the [popular estimate of 11,500,000. I Hulls have argued ail along that heavy movement had been the result of heavy demand. l>urlng the last week, port stocks increased while In I terior stocks begun to shrink, and the I visible Supply for the first time this season showed a decrease instead of an increase lit its weekly variation. It is not Improbable thut statistics this week will do much to settle the still existing dispute over the approxi? mate, size of crops. Unless develop: j mcnts that cannot now lie foreseen i arise, the market will he interested i mainly by statistics for some time to I come. Recently made his will, naming this Company Trustee for his wife and children. He understands the hazard of guardianships, and has eliminated this risk by arranging that this Company shall hold and manage the money he will leave his heirs. Many other prudent men have done likewise (among them several Bank Presidents in Virginia), and others would do so did they understand and appreciate its safety. Will you give us the privilege to write you fully on this subject? Tenth and Main Streets, RICHMOND, VA. Cash Capital, $1,000,000.00 Herbert W. Jackson, President. James N. Boyd, V.-Pres. Jno. M. Miller, Jr., V.-Pres. I,. D. Aylett, Secretary. Jno. H. Southall, Treasurer. BROAD STREET BANK 303 EAST BROAD STREET. Temporary location during construction ol new banking house. Capital.$200,000 Surplus and undivided Profits - $110,000 V.. M Ha Mist on, Prev; J. W. Kolherl, Yice-Pres.; Tno. G. Walker, 2d Vice Pres.; Andrew M. Glover, Cashier. PERSONAL AND BUSINESS ACCOUNTS SOLICITED. With anei* of over $1,700,000, every inducement consistent with* good banking Is rrfferen1 to its customers. 3 per cent, allowed in Savings Depart? ment H.,nk i-? open till is o'clock Saturday evenings. Ill and the South NOTE IT WELL THE 1107 East E OLDEST, STRONGEST AND SAFEST SAVINGS Write for our booklet, "Banking bj Mail." Capital._. $219,750.00 Surplus..'. ?.... . 600,000.00 Assets over.-.-. 2,000,000.00 J. B. BEASLEY, President. Bo.Alsop, "?. H. Beasley, DIRECTORS. R. T. Arrinjjton, Samuel W. Tompkins, GEO. W. CALL, Cashier. Chas. Davenport, T. W. Pemberton. Choose Your Bank First?For Perfect Safety. Second?For Your Con venience in all Banking Affairs. We Solicit Your Business ;ank of Commerce and Trusts 3 DRY GOODS MARKET Now York. .Innunry S.?There 18 a heiter tone In the rotten goods tnnrkot following ifalr soles of wide print cloth's to printers; some jjooda for ex? port, and small lots of brown and bleached domestics for the Jobbing trade. fall River fcold 260,000 pieces during the week, of which 50.000 were for spot delivery, and for the tlrst threo months of the year a fair total of .??ales Is noted. The export business consisted of about -.000 bales of 1.70 and live-yard sheetings for China ship? ment. Ticketed bleached goods for the Jobbing trade are llrm ami an ad? vance is pending In consequence of the cleared up condition of stocks and the unwillingness of mills to accept further business unless there is a margin of profit in the trading. There has heon a better trade In many of the fine wash goods which has come principally In the way of re? orders from jobbers. The first week In the year Is not normally a time of activity, hut during the coming two weeks many of the largest jobbers of lite country will be in the market, and il is anticipated that operations will broaden slowly. Cotton blankets and napped cottons for the fall season are to be shown next week. While a conservative tone pervadeR the market, it was i nought by mer? chant that optimism was more pre? valent at the close of the week. The yarn tnarkels are. generally qulel on the last days of (ha week inquiries wer" more general. The old difficulty of getting pr'ces tip to r parity of high rift cotton Is still encountered. Criminal NeKllgenee Charged. (.Special to The Tlmf s-D'Ispatch ) f'ayettevllle. n. c; January R.?Ara? bella Gllmore. whose three children were burned Friday ri'ght In a tene? ment, in which she had left thorn locked up. was arrested and jailed to-dny on a magistrate's warrant charging criminal negligence and a violation of a State statute. Habits arc.easily formed. Start ?V ' *-s a savings account with its. National Bank of Virginia Capital, - $1,200,000 Surplus, ? $ 600,000 Accounts solicited Ninth and Main Street 4^/o to !H?fo Net We offer for sale .a choice list of HOIldS and StOCkS, yielding on the investment from 4l/2c/o to P/ttfo net, including Municipal, Public Utility. Industrial and ? Railroad Securities Interviews and correspondence invited. John L. Williams & Sons Cor. Ninth and Main Streets, Richmond, Va. The strength of this bank, evidenced by Capital and Surplus of $2,000,000.00 and Resources of over $10,000,000.00, recommends it to you as a safe depository. Its jhas secured a large and growing number of de? positors, demonstrating its ability to take care of the legitimate requirements of a discriminating public. RICHMOND, VA. After December 29th in their old Quarters at 1104 EAST MAIN.