The times dispatch. [volume], April 24, 1911, Page 8, Image 8

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

Image provided by: Library of Virginia; Richmond, VA

                
COTTON CONDITIONS
REMAIN UNCHANGED
Same Forces Are Contributing to Continuance
of Upward Movement?Broader Demand
From English and Continental
Operators.
New York, April 22.?Trading In
cotton this week, ami also tho char?
acter of the fluctuations, wore slmllai
to those of the previous week. The
same conditions which caused tho
strength and advance In the market
then have been the factors which hnvn
contributed to the continuance of tho
upward movement. These have In?
cluded chiefly the much better trade
conditions on the other side, broaden?
ing the demand from Continental as
well as Knglish operators. In both fu?
tures and spot cotton nt Liverpool.
This belter trade situation and out?
look In Europe has offset the dulncss
and unprofitable trade conditions at
first hands In cloths and yarns In this
country. At the same time statistics
on the world's visible supplies of
American cotton have become stronger
by t!ie continued . gbt movement of
cotton to market troin the interior in
the South. Even the advance In prices
for middling cotton to IS and 15 1-1
cents at most Southern points has
failed to Increase t lie receipts* On
the contrary, the movement from plan?
tations and Interior towns has con?
tinued to dwindle until the stocks at
the counted interior towns make as
bullish a pjiowlnu as at this time las?
year. AH of which has Increased the
confidence of the bulls here as well as
on the other, side.
Tbl? AVeek'n High Prices.
As the result of tho week's events
and trading in the contract market,
prices are up on tho week about 20- to
32 points, under tho lead of the Au?
gust and July options. The highest
prices were reached Just before the
close of the market yesterday, when
May went to 14.S". against 14.93 fot
July and 14.61 for August. This
compares with the low levels last
month of 14.20 for May and 13.97 for
July and IS.50 for August. This makes
an advance from those low prices of
67 points and 90 points and ill points,
respectively, or from $3.50 to 55.60 per
bale.
The next crop options have shown
little advance during the past week's
trading. They ranged from unchanged
to about 12 points higher under the
lead of September. This has been be?
cause the bullish statistics and Euro?
pean conditions have favored the trad?
ing In the old-crop months. Although
the May and July options are now neat
the basis of 16 cents, and there U
still no Improvement to be noted in
the domestic yarn and cloth market,
or In the volume of general business,
the speculative position Is such that
still higher prices are being predicted
by the bull leaders. Therefore It does
not look as though the recent upward
movement has as yet culminated or
that the psychological moment for the
trading element to take the short sice
of the market again has arrived.
The Market'? Speculative Fcniureii.
The contract stock of cotton here Is
now down to 14.".000 bales, with still
very little cotton po'ntlng this way
, from the South to improve the position
! of the remaining outstanding short in
! tcrest in tlie old-crop mouths. This
I stock compares with 107.000 bnlos on
j April 1, when July cotton was selling
I at about 1-1 cents and August 13 1-2
cents, against 14 1-2 to 14 3-S cents
! for May. isnrly In February tho total
stock was 2S0.O00 bales. On this date
j last year It was being increased rapid -
i ly from 130,000 bales, owing to the
1 aggressive bull movement which was
I then being conducted by the famous
bull clique of local end Southern oper
j ators of last season.
There has been considerable talk
I lately of another 1'squceze" or "corner,"
I as ;Ikely to be attempted In the July
! and August options again this season
: by practically the same Interests which J
were so successful In bulling tho mar- I
I ket last summer for those months. Itj
, is. in fact, authoritatively stated that i
: nothing of the kind Is really being con
i Rldered, and also that there Is no bull
; pool actually In existence. It Is, how
\ ever, true that most of those heavy op
j orators have been working together in
I an Independent way on tho bull side of,
j of the market the past month, and that!
' they are all anticipating still higher |
prices for the summer months before]
i the tail-end of the crop has been'mar-:
kotr.d and the new crop has developed 1
and is ready to come out. They arc
merchandising their holdings of spot
cotton to spinners on this recen,t rlsa
in tho market, which has been froer
of manipulation than at any time for
months past.
Trade Conditions nnd Statistics.
That there Is etlll a good demsnd for
tho actual cotton Is clearly apparent1
from the way stocks have been reduced
here during the past month, and also
from the large weekly takings by the
world's spinners of American cotton
for tho past two months. These tak?
ings continue heavy. This week thoy
are estimated at 206.000 to 215,000
bales, against 19S.000 last wook and
about 180.000 lest year. As the total
crop brought Into sight tho past week
has been only a little over 70,000 bnlcs,
sgalnst 90,000 last year and nearly
114,000 the previous year, the world's
visible supply of American cotton
again shows a heavy decrease. It
amounts to about 135,000 bales for the
I week, against about 90.000 decrease
for this week last year, with the stock
at Liverpool losing about 40,000 bales.
These Increasingly bullish statistics
will soon be emphasizing the comments
in the trade as to the necessity of the
South producing a record-breaking
crop this season to offset the shortage
on the average of the last two crop6.
Some think this coming season's crop
should, therefore, be In excess of 14.
000,000 bales to equalize this difference
and bring about the return of normal
prices for cotton and the proper read?
justment In the price of the staple, as
contrasted with cotton goods. As yet,
\ less than 5" per cent, of the crop. |
I however, has been planted to date.
WHEAT MARKET WEAK;
, STARTS WITH A DROP
Later There Is Firmer Tendency, All Losses Being
Recovered in Distant Contracts?Corn Strong
on Li^ht Receints.
New fork. April J2? Domestic wheat
ctriets -were wesi early !n th* week
Tie dec'/nt wa.? striking in Mar con- |
trvcu, ?^.? n?tibly In Chicago, where ;
they brok? lr. t soraewhat Eett?-atlona) ,
v.-i.y, while the dlsi&hl or new crop
deliveries; held comparatively steady, i
i.zA s-i a result the premium on May.
which hrr^j-:r.'.<??: v> 4 1-1 cents on Sat?
urday, ;e:i-.r.e'l falling at one time as
Iw as 2 cents. This radical Chang* |
wts largely ascribed to cont'nuec
liquidation by tired and discourage 1
lO.'igi.
Ceuke of the Break.
At the outsell Seit l?s wa* stimulated
partly by a^ma'terlai break In Winni?
peg, where prices'for May feil ?l-4 i
cents, which was mainly ascribed to j
reports of larger reserves in tarihi-tV ,
hands or at country points wes-. of j
Ontario, the total being placed at Ii, i
(?00.000 bushels, or roundly E.OOO.OO'J j
bushels more than estimated a few \
weeks ago. This was such a radical '
lind unexpected gain as to cause much
skepticism. All advices from that !
quarter during the past month or more ',
buggested that almost nil farmers had |
disposed of their surplus, and const-- i
tjuently tlie steady (ailing off In re- |
celpts occasioned no surprise. It Is a
well-known fact that the consumption '
and exports of Manitoba wheat ha\'<
been on a large scale. In the local I
market the premium on May als'* :
dwindled, going down to K-4 cent.
Bgalnsl 1 1-4 cents last Saturday. The'|
downward tendency was checked part-:
li- by the fairly large decrease In tue
visible supply, the comparatively light
world's shlinpehtit. and the big reduc?
tion In the world's available supply.
3.SSI,ooo bushels, agaliist an Increase
of 1,201,(100 bushels a year ago;
'.;* These influences were counlcrbal
onc^d li. part, however, by tlie favor?
able weather West, the temperature
being seasonably higher, while there
was a berietlclal rainfall ovei a wide
area, both in winter on'd spring wheat
territory. Iteceht rains in the North?
west were highly gratifying, as they
put the soil In proper condition tor
plowing and seudlilg. Advices tr..ni
trustworthy source.- Indicated that
about 9a per cent, of the area has
been sown. This, in turn, was offset
partly by better cabli advices than
had been expected. European mar?
kets showed firmness, particularly
Budapest, which was l.lgher. The
strength in Kuhope was attributed
largely to unfavorable weather, bv'lh
In the United Kingdom and en the
Continent, the temjici at tire itelnp uni
tially low for the sea.-on, arid hence
the crop outlook Is not iii-ii'rWi
Laie Price Movement.
Eate In the week there wax a (Vrmei
ledenoy, all of the elrl.v loss being ro-'
covered In the distant contract!-, hin
only run In Mar, iilihoutih In ihn Una
trading May advanced innre s)isit'i'iN
than the dlstahot conti -???:?- A. a re
stilt, the May premium widened in
rents, against . cents previously. The!
anxiety to cover was prompted partly |
by encouraging cables from Itiienos
Ay res, as well u - from European mar
hois, but notably frnm Budapest, where
April Jumped up &'.?a 'emits pel ba -hel in
i i,e day, to recede 1'.- e ins afterwards
This somewhat sensational rise was at?
tributed to anxiety ainotiK short sell?
ers, conee?|uent upon the poor crop
outlook in Hungary,
Buying in domestic markets was :.c
celerated partly by reports of an lm
proved business In spring wheat flout i
for export and materially larger export i
buying of Manitoba wheat for ship?
ment at the opening of navigation.
This Is now regarded as a bullish in?
fluence instead of a bearish one, since
the outlook is considered bright for the
passage of the reciprocity treaty. In
other words, it Is estimated that a largo
percentage of the surplus of Canada
has been exported, or will be exported
soon after the opening of navigation
at Montreal,
Activity in Corn.
Ther<! has been a decidedly strong
tendency In corn markets, prices rising
Somewhat sharply, partly because
Shorts were anxious to cover, owing
to small primary receipts and the un
eapeftedly heavy decrease In the vis?
ible supply. Buying was also stimu?
lated partly by encouraging cables. Eu?
ropean markets being influenced by a
rising tendency !n Buenos Ayres, where
'lor.th were apprehensive,'owing to re?
duced estimates as to the production,
It being the general Impression tits'
Argentina would have practically no
exportable surplus In the new crop
year. As a result of these factors
there was a sudden and unexpected
Improvement In the export deman ',
! which was extremely gratifying, eipe
? la My in view ,,f the Insignificant offer?
ings and the decidedly stronger views
|(>r i.cidos.
I- irtljer large sales of Canadian oats
FIFTY STOCKS TOUCH
LOW7 POINT FOR YEAR
Now Vtirk A;ir 1) 2:t.- Depressing in
I "-in???? predominated lusi week in lite]
dock iniirkoti which was ltei|vy. wiiil |
i downward tendency. The tense situ
iHoh which grew oilt <T ihe Missouri
I'aeltii' laUK.e was to- ciilot of Hie im
lotiitnit iiitliieii ps. ft'ft? J wiis in'ilnly re
i:s l.:.- fi i- the '. Igiiro selling move.
:o..:.t of the eitrly week, vyliic-i aroused
the Hi.irkcl front '.is long period of in
ertiK^s.
IJriiwiiig !Ue:iSlnesf iln to tlie Indus
trttil situation; particularly in regard
to nun tiel >??? el. and a djs position
in some ijilarM: s to await the out1
c. my, o! attempts at tin ill le?;sbitt< n
before k ei.:ni; to inereasi business,
tilso played lie I, pint In promoting
bearish simtliftctitj Tlie break in prices
wlili h iioeuitipnnlcd the ihm outburst
of Solling in the week was the most
marked change which hi:, taken place
In tile luarl-.td for nearly two months.
More than fifty st?ck1? touched new low
piiititii ({>}? the v.i.r .luring the week.
When the flnam Inl community first
learned ?.ha; the (Cnhn-lioeii represent?
atives w. i< to vlthdraw from the Mis
ril'KN AN ACCOUNT WITH
The Union Bank
of Richmond
1101 CAST M UN K'lltr y/r.
51.00 MAKKH A STAUT. 'i WAX
CK NT. INTliltUST
smirl I'nc I lie directorate nnd cerise t"
fiel its bankers for tlie road, It was gon
I liv felt that a situation dangerous
I i'> the peace had arisen, until It was
learned that ihti railroad had been tor
llllell by an alliance with oilier stron'-;
j hanking Interests. The significant
.I in i be new arrangement. - In
: \\'nll Stree^'H opinion, Is the gronte:
'; prominence of the Rockefeller intercut.'
I !ri tin- road ami the probability tint
I hereafter ihey will have a larger port
in th.- handling of Ihn' affairs of the
various (lould prfipoirtlpii.
The market did no: lose lt;t heavy;
Kiiu- with Die settlement of the Mla
! M?l:ri I'liellle hffiilr, a recovery being j
prevented by Industrial and political
. conditions. Susp? utiion of work on a
large wire producta plant in Alabama
was attributed to the possibility of I ho |
tariff action, Some discussion i>i i
i Hin' In the, lower branch of Congress
mi. up i be subject more promi?
nently and served to glvn ? mphusls to
lie- c-inseryative attitude of both tho
Ummeln) and business Interests of the
j country.
It-.?i]niiid groan earnings, by tending
! downward in comparison with last
year, failed to convey any prophecy of
[reviving business. Little attention was
' giv.-ii to the Mesienn slluatlon.
! Continued once chnrai'terlKCtl the
money mnrkei. Kates for time funds
I wore still lower. n|?d banks purchased
j bunds and abort term notes more freely.
Tlie result wns a belter demand for
these Investment Issues. I
Jinvo been roportcd for export, mainly
via Montreal, at tho opening; of naviga?
tion. This is also Important now. In
view of tho possible passage of tho
reciprocity bill.
UPSETS Y. M. C.A.
Efforts of Wealthy Member to ]
Oust Physical Director Involve
Middletown Churches.
Mlddletown. Conn.. April 23.?The at?
tempt of E. Kent llubbard. Jr.. wealthy
manufacturer and president of the Y.
M. C. A., and Isanc Speer, bankor. and
V. M. C. A. director, to oust William
V. Erfilng. physical director of the as?
sociation, who spanked Mr. Spenrs's
son, who overstayed tlie half-hour limit
in a bathtub, has aroused great inter?
est In the city, as a climax of tho
trouble F. A. Bakor, secretary of tho
Y. M. C. A., has resigned. Mr. Baker
declares that because- he refused to
allow society dances in the association
rooms he brought down upon himself
the olltclal displeasure ot Mr. llub
bard.
The local churches have become in?
volved Indirectly through an nttempt
of directors of the V. M. C. A., who
are also members of the North Church,
tc Install tho Jlev. C. 11. Workman, as?
sistant pastor, as secretary In the pltice
of Mr. Baker. : The ministers of the
Baptist, Methodist and South Congre?
gational Churches met with tho V. M.
C. A. directors and opposed the ap?
pointment of Mr. Workman, asserting
that his candidacy was actuated by a
faction of tile North Church opposed
to his being dropped as assistant pas?
tor.
Mr. Hubbard and Mr. Spear are
standing llrm In their effort to oust Mr.
Erlllag and say that they havo othor
reasons than the bathtub Incident for
requesting his dismissal. Thoy refuse
to make public othor ronsons.
Members of tho association thoaten
to boycott tho organization if Mr. Lr
lling Is removed. They say that tha
association has been too much of a
society Institution. Since Mr. Baker
and Mr. Erding have been employed
there has been a growth In member?
ship and a mortgage of $25,000 has
been lifted. A business men's class In
athletics has .been organized by Mr.
Erfilng, and tho members aro all be?
hind him In his fight, lie also has the
support of the local ministers.
IRON AND STEEL
New York, April 23 ?The most Inter- '
estlng development In tho steel trade I
at tho close of last wcok was the
placing of a contract for tn.ooO tons oj
lelnforclng concrete steel bars, the In?
itial order for the Kansas City ter?
minal. The nlans for the terminal call
for 240.000 to 300.000 tons of steel, and
It Is the most notable strvictural pro?
ject before the trade.
The low prices prevailing for fabri?
cated structural steel have called out
numerous Inquiries from nil sections
and contracts are now nendlng, calling
for 150.000 tons. The grand total ot
structural work now un Is from 700,000
to SOO.000 tons. Last week orders were
closed for 21,000 tons.
Business in other finished steel pro?
ducts wes contracted. The Steel Cor?
poration blew out several furnaces.
Railroad orders for equipment were
scarcely worthy of special note, but
tall contracts aggregated 1^2.000 tons.
The 1910-11 Iron ore season opened1
with the sale and resale of about 1.
OOO.UOO tons of Lake oro at a reduction
of 50 cents per ton from the prices
prevailing during the two previous
years.
The volume of business In pig iron
I was light.
SOME NOTED SPEAKERS
They Will Tnke Port In Conference on
Women nnd Child Labor.
Atlanta, Ca., April 23.?Former Gov?
ernor Malcolm It. Patterson, of Tennes?
see, and other noted men and women
of the South are expected to take a
prominent part In the Southern Con?
ference on Women and Child Labor,
which will be held In this city next
Tuesday and Wednesday. Governor
Patterson Is president of the confer?
ence, and Miss Jcnn Gordon, of New
Orleans, is secretary. The leading
speakers Include Dr. A. J. McKelwny.
of Washington, who will present stor
eoptlcon views of the conditions in
Southern cotton mills, and Owen Lovo
J'-y. secretary of the National Child
'? Labor Committee.
POLLUTED WATERS
CAUSE OF DISEASE
Valuable Report on Relation of
Shellfish Industry to Public
Health.
[Special to Tho Tlines-l>lsputcli.]
Washington, D. C, April 23.?De?
claring that tho entire sneUllsh In?
dustry of tho country, including both
cluins und oysters. Is threatened with
destruction, and that there Is needless
suffering from dlsense duo to polluted
waters. Georgo Whltllold Stiles. In
charge of bactoriologlcal Investiga?
tions In tho Department of Agricul?
ture, to-day mado a valuable report t?
Secretary Wilson on tho subject.
"The shellfish Interests," suys Mr.
Stiles, "which aro engaged In tho so?
lution of this problem, rank among,
the most Important industries of tho
country. It Is estlmuted that In 1901
there were more than 25,000,000 bushels
of oysters marketed In this country,
valued at nearly J20.000,noo. Tho op?
erations of the various shelltlsh Indus?
tries extend from Maine to the Gulf
of Mexico on the Atlantic, and over a
considerable territory along the Pa?
cific coast. Vast areas of sea bottoms
aro utilized for the purpose of grow?
ing oysters, and many men ore en?
gaged In the various branches of the
Industry. An extensive business Is
also being developed In maturing seed
oysters taken from the Atlantic coast
and transplanted In the colder waters I
of tho Pacltlc, notnbly In the region
of Puget Sound, where the conditions
are unfavorable for starving and de?
veloping.
"it Is apparent that n grave dangei
threatens a valuable Industry, as well
as the public health, and from this
point of vlow tho Investigation wae
undertaken to determlno tho naturo
nnd extent of tho dangor, and to sug?
gest, If possible, methods of meeting
and overcoming It.
"This Investigation Is concerned pri?
marily with the possibility of oysters
and clams becoming contaminated
when grown or 'floated' In waters pol?
luted from seworage. Smlllar exom
Inatlons of oysters from localities com?
paratively free from sowerago are
considered na standards in connection
with those examined from suspicious
sources. Particularly all the samples.
Including oysters, clams and wator,
were collected from their original
sources. ..t the time of dredging or
longing the shellllsh from their nat?
ural or artificial beds, samples of wa?
ter wero collected in storlled bottles
for bacteriological examination. When
oysters aro allowed to 'drink,' 'fatten'
or 'lloat' In brackish regions, samples
of tho water from tho floats were also
collected to compare with the oysters
thus treated. These investigations
wero carried on at different points
along tho Atlantic const and tho Gulf
of Mexico uuring tho oyster seasons
Of 1908, 1909 and 1910.
"The New York City Board of Health
hns demonstrated that the beds from
which oysters are taken for consump?
tion In that city often He in grossly
polluted waters. It Is not the depreda?
tions of the starfish, borers, drumflsh,
etc., that threaten the life of tho shell?
fish Industry, but the contamination
by wastes. These practical facts should
stimulate every oysterman to see that
his grounds are In a fit sanltnry con?
dition, and that they nrc kept fully |
protected from subsequent contamina?
tion. Oystermen should not decclvo i
themselves by believing that their j
grounds are free from pollution, in
the absence of definite evidence to the
contrary. If oystor growers cannot
themselves determine tho sanitary con?
ditions of their layings, they should
appeal to their national organizations
or enlist aid and co-operation of their
State Shellfish Commissions and boards
of health. A thorough sanltnry survey
of every oyster bed should be made,
and tills should be supplemented by re?
peated bacterlolog'cal examinations of
both the water and shell stock taken
at regular Intervals under varying
conditions." P. H. McG.
ItlSCKlVES FATAL BLOW
WHILG HIDING os mux
[Special to Tho Tlmes-Dlspatch 1
Wythevllle, Vit., April 23.?Kellev
King, a young man from Crockett, was
THIS WEEK WILL SEE
IMPORTANT TRADING
] New Orleans, T.a.. April 23.? If the
j sign's al the enrl of this last week
were anything to po by, this coming
i week In the cotton market will see
some important trailing und possibly
wble fluctuations. One tiling thai
? probably will happen tili? week will
j be the drawing of a sharp line be- j
twoen the two crops. Henceforth they
? will be more independent of each other J
than they have yet been. This Is
bound to be eery apparent if statistics
on the one hand grow stronger, and !
the weather tin the other hand becomes
j mere favorable.
The main happening in connection
I with the old crop that can now be
seen Is the first notice day for May. j
It 's not possible for any large amount
of cotton to be tendered on contracts
In this market for the simple reason i
that It Is not hero to tender, but there i
Is much uncertainty over tenders 'n
tho New York market. The first no?
tice day for May In that market wl.. i
be Friday. To throuts of largo ten- |
dors the bulls have replied that they ]
will stop all notices issued.
The Ivnglish situation will be
watched very closely, fqr It Is the !
life of the market. Should reports |
from Manchester and Liverpool con- j
tinue as bullish as thoy have been for j
some lime past It Is probable that the
spot demand on this side will he stim?
ulated. Any fulling tiff in business
among tho Lancashire mills will cause
low prices on this side and stimulate
the hears into fresh activity.
The new crop deliveries will ho en?
tirely a weather proposition. The
weather promises to be fair over Sun?
day, and If fair weather continues Into
the nciv week It will he hard for the
new crop mouths to advance, no mat?
ter hoic strong the. old crops may i?o.
There is a largo short Interest In
the new crop, however, nnd nnytbfng
tliiit would produce a crop scare would
cause heavy covering operations.
COTTON GOODS REVIEW
New Vork. April 23.?While the de?
mand for cotton goods Is still generally
light, and curtailment of operations is
IncrePHlni; among the mills, thero Is a
stendier lindertone to prices, and mills
are growing more cautious in contract,
ing iihead at present values.
The firmer tone In the speculative
cotton markets has not been affectiv?!
In the cloth market, largely so because
mills arc now buying Just as lltllo
ahead n?t they cr.n help.
Jobbers throughout the country urn
obsosted with the idea that a break in
cotton Is Imminent, and aro not ex?
pressing confidence In present cloth
values.
Kxport trade Is; moderate nnd steady,
Knles of shirting chambrays for fall
delivery were large. The actual move?
ment and consumption of cotton gooda
merchandise Is believed to bo In excesa
of present production, as many sales
have been made n* tho expense of
values to liquidate stocks and prevent
mills from accumulating. Yarns hnvo
been irregular, and knit goods and
hosiery have been in very modnrato
call.
JFfnamfaL
EVERY
Deposited in the Savings Department of this strong institution
draws interest EVERY 24 HOURS IN THE DAY, 365
days in the year.
Start a savings account NOW, and watch your dollars grow.
Executor, Trustee, Administrator,' Registrar of Stocks, Bonds, Notes.
Business, Personal and Accounts of Corporations solicited. Savings
Accounts a specialty. 3 Per Gent. Interest paid.
OFFICERS.
O. J. Sands.President.
A. R. Holladay.Vice-President.
Ro. M. Kent, Jr.,.<.Cashier.
Ro. B. Campbell.Assistant Cashier.
Ninth and Main Streets
killed last night on trnln No. 30 as It
drew Into tho depot, being struck by a
cattlo guard. A largo hole was torn
In hie aide, hin rlb3 -were broken and
ho had a wound on' the hond. He lived
from the ttmo of tho lnjurv until 2
o'clock this morning. It is believed
that he came to the Crockett dopot
to tnke the train to Wythcvillo, and.
arriving late, got on the first car bc
twoen tho mall and passenger coaches,
and was leaning out as the train was
running Into tho depot here, when
ho was struck by the guard. He Is
survived by his father. V. O. King; his
mothar. two brothers nnd four sisters.
BETTER SERVICE
A. C. L. Ordered to Put on An?
other Train From Golds
boro?Other News.
(Special to The Times-Dispatch.]
Raleigh, N. C-. April 23.?Effective
May 15, the Corporation Commission
orders the Atlantic Coast Line to put
in oporntlon a train between Wilming?
ton and Qoldsborb that will amount
tc un extension of the run of the Nor
lok-GoldsUoro Shoofly to Wilmington
Tho train will glvo direct connection
with Southern Railway train No. 21 at I
Coldsboro. for Rnleltrh. Grconsboro and
Asheville. so that leaving Wilmington
at 4 A. M., one can arrive at Asheville
nt 7 P. M. Tho Norfolk Shoofly. arriving j
at Goldaboro at 9:65 P. M . Is to go on
to Wilmington, or connect with
local train for thht purpose, arriving
at Wilmington possibly around 11
o'clock. This train leaves Wilmington
at 4 o'clock, reaching Goldsboro so that
the regulnr Goldsboro-Norfolk Shoolly.
schedule and Richmond connection may
be maintained.
Preparations aro afoot for the an?
nual session of tho North Carolina
Travelers' Prolectlvo Association, to
convene In Raleigh May 5, ono of the
principal social features to be a big
barbecue out at the .State Fair Grounds.
There are S00 members in this State,
distributed among cloven posts, at Ra?
leigh. Charlotte, Greensboro. Durham,
High Point. Asheville. Wilmington,
Rocky Mount. Wilson. Mt. Airy, Hick?
ory and Wlnston-Salem. The presi?
dent of the association Is .1. .1. N.or
mnn, of Wlnston-Salem, and tho sec?
retary Is C. C. McLean, of Greensboro.
TJ. H. .Marsh. of Wlnston-Salem, is |
chairman of the press committee.
The Moke Realty and Trust Com?
pany. Raeford, Moke county, was char?
tered to-day, ?-Ith $50.000 capital au?
thorized and $5,000 subscribed, by J. I
W. Alorre. of Rueford; the Greensboro
Security Company and others. The
Oxford Wafer- Company and The Ox?
ford Electric Company, each with
$15.000 capital, by R. C. M. Col vert. C.
F; Nesbit iind Obliers, were also char?
tered to-day for an electric light nnd
power and water company business in
Oxford. Aiiiilhor charter is for The
El more Mercantile Company, of El
morc, Scotland county; capital, $10.000,
by Hector McLean and others. There
Is also a charter for The R*?se Club,
of Salisbury; capital, $25,000. by G. M.
Ktncy.
J. B. Cheshire. Jr., son of Rt. Rev.
Joseph B. Cheshire, Bishop of North
Carolina, has been designated by
Mayor Wynne as police justice for Ra?
leigh during the absence of Police Jus
lice Stroiiach. who has gone for an
extended business trip to New York.
I Norfolk and Western Railway
ON LT ALL HAIL LINE TO NORFOLK.
Schedule In Effect April 4, 1911.
Leave Uyrd Street Station, Richmond, FOR
NORFOLK: '9:00 A. M., '3:00 P. M., ?4:10 P.
M.
FOR LYNCHBURG AND THE WEST:
?6:16 A. Mi. '9:00 A. M., *3:C0 P. M? ?0:20
I P. Mi
Arrive Richmond from Norfolk: ?11:40 A.
2,1 . '6:35 P M., ?11:30 P. M, From tho Weit:
?6:66 A M.. n2:00 I'. M., b2:15 P. M., 6:03 1\
M.. ??:? P. M.
?Bally. nDnlly. ex. Sunday. hSunday only.
I Tull man. Tarlor and Sleeping Cars. Cafo
! Dining Cars. C II. BOSLEY,
IX P. A., Richmond, Vs.
j W. n. BEVILL. C. P. A.. I-toanolco. Va.
; Richmond & Petersburg Electric Railway
Cars leavo Manchester, Seventh and Perry
Snoots, for Petersburg:
?6 7. 3. ?!>, 10. 11. ?12 A. .V., 1, 2. ?3. 4. 5,
! ??5:15. ??. 7. S, ?9, 10 I?. M.
i 11:00 V. M. for Chosier. 12:00 midnight for
1'ctoraburB. t . : ?
Cora leave Petersburg, foot of Sycamoro
Street for Mnnchcstor:
to-15 6:35, "7:16. ?7:35. 8:35. 9:35. ?10:35. 11:35
\ M ' 12'3S, ?1:35, 2:35, 3:35, ?4:35. 6:35. 6:36.
? 7*.ar, giJ?, BjSi, M0:10, 11:40 I*. M.
IDolly except Sunday and holidays.
?Carries b.iKgago and express.
??Limited, except Sundays nnd holiday*.
All cars from Peters/urg connoct with
cars for Richmond.
SEAItOAIt 1> AIR LINE.
Southbound trains scheduled to lonvo Rlch
, mond dally: 9:10 A. M,?Local to Norllna
Ll:20 P. M.?Sleepers nnd coaches, Atlanta,
f Birmingham. Savannah. Jnck.Honvlllo and
Florida points. 9:50 P. M.?Sleepers nnd
conches. Savannah, Jacksonville and Florida
points. 11:13 P. M.?Sleepers and coaches. At?
lanta, Birmingham, Memphis and tho fiomh
wost. Northbound trains scheduled to nrrlvo
In Richmond dally: 5:32 A. M., 7:23 A. M?
6:06 T. M.. 6:40 P. M
BROAD STREET BANK
303 EAST BROAD STREET. .
Temporary location during construction of new-banking house.
Capital .... $200,000
Surplus and undivided Profits - $110,000
W. M. Hablieton, Pres,; J. W. Rothert, Vice-Pres.; Tno. G. Walker. 2d Vice
Pres.; Andrew M. Glover, Cashier.
PERSONAL AND BUSINESS ACCOUNTS SOLICITED.
With assets of over $1,7C0,CC0, every inducement consistent with ?Ood
1 ar.king is offered to its customers. 3 per cent, allowed in Savings Depart?
ment Bank is open till 8 o'clock Saturday evenings.
Insurance Rate Too High?
CONSULT THE
VIRGINIA STATE INSURANCE CO.,
Organized 1865.
Home Office, Fifth and Main Streets.
Phone Madison 4000.
Expert advice given on reduction of fire hazard looking to rate
reduction.
PATRONIZE A HOME COMPANY.
Riclimoii^FrefleriCaSli'g & Potomac R R.
JO AND FROM WA SUING TON, AND BEYOND.
Lonvo Htctimou<l
?4.60 A.M. B7raSl.SU.
"5.42 A.M. Halo Sl.Stu.
?0.50 A.M. Dj rd St.Hta,
?7.30 A.M. Main St. Ria.
?S.10 A.M. Ilrrd St. Sin.
'12.01 nonn ilrrd SI. Sta,
14.00 P.M. Ilrrd St.Sla,
fl.1.1 1".M. KHph button,
?6.16 P.M. Main SL Sta.
"8.20 P.M. Ilrrd St. Sis.
Arrive Richmond
?7.r>0 A.M. IlirdKt.Sla.
c'l 1.26 A.M. Kllm Station,
t M ,;iS A.M. II) rd St. St?.
?1.12 P.M. MalnSt.hu.
?2.46 P.M. lljr.'St.Ma
?7.25 P.M. HjrdSt.Sta.
?0.10 P.M. Ilrrd St.Hta.
?0.40 P.M. Main Ht. St?.
?11.06 I'.M. MalnSt.Sta.
'PJ.60nlght lljrdSt.Sta.
ACCOMMODATION TRAINS?WEEKDAYS.
Lesre Ilrrd St. Sta. 1.80 I'. M. for Froderlcknborir.
I. eare Kltia Sla. 7.50 A. H.,6..1ll P. M. lor A ? bland
Arrlrc Ilrrd St. Sta. 8.26 A.M. from Frederick ub'g.
Arrlrf Elba Sta. 0.30 A.M.,6JI0 P.M.from Aaliland.
?Daily. tWctkdtr?. ^Sundays only.
Ail traioa to or from Byrd Street Statloo
(except traina leaving 4.50 a. m. and arriving
ii. 50 night) atop at Elba. Time of arrivala ana
departures not guaranteed. Read the sign*.
SOUTHERN RAILWAY
TRAINS LEAVE RICHMOND.
N. B.?Following schedule Ogurea published
aa Information and not guaranteed:
6:10 A. M.?Dally?Local for Charlotte, Dur
ham and Raleigh. 10:45 A. M.?Dally?Limp?
ed?For all points South. Drawing Room
llnffct Sleeping Car to Memphis via Aatie
vllle and Chattanooga. 3:00 P. M. Ex. 8un.?
Local lor Durham nnd Intermdlatr stations
G:00 P. M. Ex. Sun. ?Kcysvllle Local. 11:45
P. M.?Dally?Limited?For all points South.
Pullman ready 9:80 P. M.
YORK RIVER LINE.
4:30 P. M.-Ex. 3un.?To West PL, connect.
Ing for Bnltlmore Man., Wed. and Frl. 8:00
A. M.?Ex. Sun. and 2:15 P. M.?Mon.. Wed.
and Frl.?Local to West Point
TRAINS ARRIVE RICHMOND.
From the South: ?:G0 A. M.. 8:06 P. M.,
dally, 8:40 A. M. Ex. Sun.; 12:55 Ex. Run.;
2:00 P. M. dally. From West Point: 9:30 A.
M. Dally; 11:35 A. M. Wod. end Frl.; 4:H P.
M. Ex. Sun.
8. E. BUROE33, D. P. A..
020 E. Main St. 'Phonn MadlBon 455.
Chesapeake & Ohio Railway
'.i:00 A. ( Dally?Fnflt train to Old Point.
4:00 P. f Newport News and Norfolk.
7:40 A. Dally?Lncal to Newport News.
6:CO P. Dally. Local to Old Point.
jdD P. (Dully?I.ouIkvIHo nnd Cincinnati,
f Chicago nnd St. LouIb. Pullman:.
fi:45 P.?Dally.?Western Exiire3s. Pullninns.
8:30 A.?Dally?Chariot tea vllle. Wcel: days
Thurmnnd.
5:15 P.?Week days. Local to Oordonsvllle,
10:00 A.?Dally. L'burg. I^ex.. C. Forge.
6:15 P.?Week days. To Lynchburg.
TRAINS ARRIVE RICHMOND.
Local from East?8:25 A. M.. 7 50 P.M.
Through from East?11:30 A. Mi, 6:30 P. M.
Local from West??8:30 A. M., 9:60 A.M..
7:20 P. M.
Through?7:00 A. M.. 2:46 P. M.
.Inmes River Line??8:35 A. M., 6:15 P. M.
?Dally except Sunday._
NORFOLK SOUTHERN
Lv. Norfolk: *8:?5 und ?11 A. M., ?9 P. U.
for Eastern Carolina nnd tho South.
Lv. Raleigh: '6:16 A. M.. t3 and '9:15 P. M..
for Eastern Cnrollnn and Norfolk.
Pullman Sleeping Cars between Norfolk.
Rnlelgh; also Ooldsboro and Norfolk.
?Dallv iHplly Ex. Sun.
C. D. LEORANDE. O. A.. Amcrlenn Nations.
Bank 'Phono Monroo 1627. Richmond.
W. W. CROXTON. O. P. .V. Norf pile. Vs.
RICHMOND " AND CHIOS AP E?liE Il?Y
RAIIAVAY COMPANY.
Scherte.:.? o' electric trains to nnd from
Ashland, stopping nt Intermediate stations
upon signal: Lv. Richmond (Hrond and
Lnurol Sts.). ?0:C6. ?7:10. 8:10b. 9;10, ??10:10.
11:10 A. M.: 1:10. 2:10. 3:10. 1:10b, 5:10. 8:20,
7:10 8:10b. 10:10, 11:45 P. M. Lv. Ashland,
?6:55 7b, 8, 9b. 10. "It A. M? '12 M.. "L
2, 3, 4. 6b, 6, 7. S. 9b. 11 P. M.
?Dally except Sunday. "Sunday only.
hCiirrlcs baggage.
"Ask Mr. Bowman"
For Programs of Independent and Per?
sonally Conducted
TOIIHS TO ISimOPB.
From 33 to 110 days. Cost, f205.00
up, Including nil expenses from Itlch
nioml back to Richmond.
TRAVrcii WITHOUT TROUBLE.
S. H. BOWMAN, Tourist Agent,
70S 13. Main St. Ulchmond, Va.
THE BEST EVIDENCE
The record of this Bank, as
shown by the strength of its
resources and Its successful
career, bears testimony to the
service and satisfaction our
customers have received. Our
unreserved efforts are ?iven to
plcnsc our customers and to
protect their interests.
First National Bank
RICHMOND, VA.
Capital and Surplus,
$2,000,000.00.
i _J
City License Taxes
ARK NOW DCE AND PAYABLE]
f ice of City
The City Code requires r penalty of
not more than $20.00 per day for fall- j
ure to pay on or before April 30.
Washington Ward licenses will bs
paid to J. P. Robinson. Deputy Collec?
tor", corner Tenth and Hull Streets. ?
F. W. CUNNINGHAM,
Collector of City Taxes.
-. -I ?I -Bl
I National Bank oi Virginia
Capital, - 51,200,000
Surplus, - $ 600,000
Accounts solicited
Ninth and Main Streets
This bank is a depository for
I the fluids of the city of Richmond
Commonwealth Bank
?>teamt)oatg.
?LDDO^
I hy. Richmond foot of A?h St dally.7:O0P. M.
I Leave .Newport Nows.5:00 A.M.
I Arrlvo Norfolk.6:00 A. M.
Connects with main lino steamers leaving
I Norfolk for Now York dally oxoopt Sunday
7:00 P. M. Connoctlons also made by N. Si
W. Ry. 3 P. M. and C. & O. Ry. at 4 P. M.
N'lght Lino steamers stop at Claromont tot
i land or rccclvo passengora on signal.
VIRGINIA NAVIGATION CO.?James Rlvor,
by daylight for Norfolk, Old Point. Now
port News and all Jamos Rlvor landings.
Steamer loaves Monday, Wednesday and
Friday at 6:30 A. M. Freight received for all
James River landings. 'Phone Madison III
Main Ticket Office, s:i IL Main Street. '