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WIDE FLUCTUATIONS IN COTTONJVIARKET Excited Trading During Past Week Makes Period a Memorable One?Readjustment of Prices Has Been Severe. Ken- York. Aug?st 6,?The rottop. tnarke; of the past week has shown the most Sensational fluctuations, the heaviest trailing, and also the most violent changes of any similar period In a long time. Following the heavy ?world-wide selling of the past two weeks right up to the eve of the pub? lication of the government's crop re? port at noon on Wednesday, there had been a decline from the season's hiKh prices of 4 cents per pound on August contract* and ?" on the new crop options. This had brought August down to about U 1-2 cents, and the next crop option? to in 3-1 cents for October, December and January de? liveries. The government's crop esti? mated condition of S3 per cent, was 2 points under the general trade ex? pectation. In the covering movement and general rebuylng, a stampede of the shorts developed on Thursday and continued during Friday morning. This rallied prices 180 points for August and about ninety points for the new crop months from their lowest quota? tions. But after August had sold at 12 7-S cents and the new crop op? tions had gone up 11 3-4 cents for October. December and January and March, renewed heavy selling developf ed In the last hour yesterday, which sent October. December and January ,, back neatly fifty points to about 11 l-l tctcents. and closed the market Irregular '?''??Hi unsettled op that basis. 3oort MarKct"* I iieertnu < ondllion. Total?ri,-fs were depressed fully" 1 cent ?M. :pound further than the legitimate *?fa,,uation and the government's crop jlj?rpnrt warranted, and the rally seem hirni to be a natural rebound from undue rookV>reSBlon, which had boon influenced Surnlefly by excessive crop estimates. ?"The. market having recovered most of "(*Hhis. It was unable to maintain tho c. ra;iy, chiefly because of renewed local -??liquidation and fresh Southern selling. "f>>"o! for years have the prospects been tu favorable for a big crop, and not jgjMnce the collapse from the Sully boom f r?f 10"4 has the South been so bearish r> or such a persistent heavy seller as during the past month. That it is still so was evident from the re? newed selling pressure from that sec? tion, which came on the market after the rally. Trade sentiment was so nixed after tl?o close yesterday that In tlie opinion now prevailing in the trade there la little probability that fresh bullish activity will he en? couraged, unless something Kappen-? In the way of disastrous weather to materially change present crop pros? pects'. At the same time, however, it is believed that 11-cont cotton for the new crop options has discounted the present prospects for the indicated crop of 14,500,000 bales, which the gov? ernment's report suggests from pres? ent conditions Hence a very Irregu? lar and unsettled market, with erra? tic fluctuations from the mixed senti? ment now prevailing, is likely to ob? tain until the crop season has pro? gressed still further. There have been many crops In the past which have shown as comparatively brilliant a prospect as the present one. which 1 have been marred by subsequent bad weather during August ami September. I Therefore, as soon as the markets quiet down from the present specula? tive activity subsiding; the future course of prices will be determined largely by the character of the wea? ther during this month and September and the trade demand. Tlie IteudJuatineiU of Prices* The readjustment in prices of tho past month has been so severe that prices of the staple have brought the ma rkets back again to a profitable commercial basis for mill operations. Prices have not been so low as at present for two years, and with stocks of manufactured goods In the hands of the retail and .lobbing trade ad? mittedly very low. it Is conceded there will naturally be a heavy demand for the new crop from the world's spin? ners as soon as It commences to come on the market freely from the first pickings. If the present tinkering with the tariff on the cotton schedules is delayed until the next session of Con? gress In December, It would have a stimulating iniluoneo on the trade de? mand, as no new schedules would then become effective, in all probability, before next duly. Manufacturers would then know where they sund for at least another year, and the prospects for a revival in the cotton goods business would be greatly lin pr-ived from the present uncertainty. Cotton markets would lie steadier, and possibly a heavier trade demand, for September, October. November and December shipments would be en? couraged. Position of the 'World's Spinnern. I. is; year's crop Is turning out on the total commercial movement, ac ? ordlng to the Financial Chronicle. Jess than 11,900,000 bales, against 10, 600,000 in the crop failure of tho pre? vious year and the record crop of 13, fc'.O.OOO bales in 1003. Consequently, it is argued in the cotton trade that a crop of fully 14.000,000 bales Is need? ed from the production of this sea? son to make up this difference and re? store the normal conditions of sup? plies in relation to the requirements of the world's spinners It Is believed that the trade demand In this coun? try and Europe will readily absorb a crop of fully It.nop.000 bales at an average price of between la and 11 j cents per pound, against the average] of 14 1-1 cents, which the crops of the! last two years brought In their mar? keting. What a crop of 15,000.0001 bales would bring from such a heavy! surplus above the probable world's! consumption is another question. The] average deterioration in the crop dur? ing August for the past ten years fig? ures out about 5 per cent. Only once in the past ten years was any im? provement recorded. That was in 1003, when there was a gain of 1 1 per cent, from the basis of 70 7-S on July 25 to 81.2 by August 2.". Tho months of August and September are usually] the most trying months in the crop! season, with heavy damage resulting from shedding from high tempera-1 tures In August and September, or I equinoctial storms. After these months have passed will come the question] as to whether killing frost will hold! off lone enough for the top crop to bei developed and secured. WHEAT IS STRONG ON REPORTS OF DAMAGE Large Stocks Serve to Make Buyers Cautious. Preventing Greater Advance?Corn Goes Up on Lower Estimates. New vork. August 6.?irregularity ?n<i unsetthmcnt governed domestic wheat markets early In the week, prii e.s fluctuating in an erratic fashion under conflicting influences. In the main the general trend was upward, largely because threshing returns from spring M^Ckt, as well as winter wheat, territory, were "in many cases less fa? vorable than- ant Icipa led by conser? vative dealers. Many advices Indicated that yield was proving light In many! sections, thus confirming former ad? vices, which seemed exaggerated. Ad? vices from spring wheat territory were particularly unsatisfactory, ru-t bav? ins made Its appearance in Canada a? well as in our own territory. Reports SMii in by numerous experts show that, the yield in many fields was disap? pointing. Consequently, It was claimed | that the spring wheat production] would be between 200,000,000 and 225,- ' 000.ooo bushels, against 24-1,9S3.000 bushels indicated by tho last report of the rjepartnicnt of Agriculture Threshing returns from winter wheat territory were r.lsn unsatisfactory, and! the total was estimated at 4I4.QOO;000 bushels against -i-,r441 bushels, ac? cording to the .in!;- government ro-i 'port. T.hla gives a grand total of only 644,060,000 bushel?, which contrasts Sharply with 606,000,000 bushels har? vested last year These Influences were partly counterbalanced by a large in? crease in th<- visible supply, and fairly larger arrivals at w'nter-wheat pri? mary points, although there lias been some falling off as i omparod with last week, and furthermore, receipts at Kansas City were a good deal smaller than in the corresponding dnyi lasl year. At Mines cable itdviroa were rtither encouraging. European markets b'-ir.g Influenced by the moderate world's shipments and unfavorable crop reports from Russia. But this lat? ter was offset partly by favorable ad? vices from Itniy. where tlif- official pre? liminary report placed the crop at 208.322.000 bushels, against 15?.,?60.fi06 bushels last year. It is probable that one of the mo<it potent factors for depression was the fact that i re? ceipts in the chief Western point* dur? ing July were roundly 13.0OQ.O60 bushels more than In July. 1?10, and established a new record for July re? ceipts Strong; Upward Trend Develop*, Following mid-week the movement of prices was strongly upward, al? though In the late trading tr.< r.- -.-s a partial recession Much of the time Northwestern markets took a decided lead In the advance, occasional dis? played marked strength, while m tri ? elsewhere showed a tendency to re? cede. Conspicuous buoyancy In the spring wheat markets was readily un OPEN AN ACCOUNT WITH The Union Bank of Richmond derstood, Inasmuch .is that territory! furnished practically all the stimulat-l Ins news. Additional rains fell in Manitoba as well as In our own spring;! wheat .States, (jiving; rise to fears that the black rust would spread, in fact, I one authority predicted a worse calam- | Ity than that of 1904, as the rust had] appeared at an eat lief date, and the] plant was in poor corfdltlon us a result | of the long spring drought, other au-[ thoritles described the outlook as dls-1 mal. and estimated the damage in some I sections at from 25 t> 50 per cent, iti was asserted that condit'ona were! worse than generally admitted in' Manitoba. Kor a time advices from' Liverpool were encouraging, that ma-.! ket showing unexpected strength ow-1 lng to bullish crop advices from Russia: and an estimate that the Russian ex-j portable surplus would be only 80,000,-1 .i bushels, as Compared with H0,000,-j ono bushels exported last year, where-1 as * Liter estimate made the probable j surplus 120,600,000 bushels, fables sub? sequently proved disappointing 'o hulls, howcv r. responding only slight-! ly to <,:ir big advance Beneficial fains fell in India, and re-I p. from Australia and Argentina' wrro favorable. Australian shipments' were large, 1.712,000 bushels, while Ar-j gontina exported over 606,000 bushels more than expected, leading to cxpec-', iatiohs >f largi ivorld's shipments for \ the week, Still, the late foreign news Contained an estimate of 4 S2 0(0.000 , biisht.li for1 the Russian crop, as against i 778.66c. bushels last year. Th< dls rippoiriting u tlori of foreign markets ?aos in par', responsible for th'fi profit taking sales noted from time to time, \vhleh became especially heavy toward the end Holders were also prompted to take in their profits because of the huge available storks of winter wheat. . representing the piling up of July's record-breaking arrivals. In some I quarters It was argued that the gloomy crop news from tue Northwest would i sed a much more sensational tnee had it not been for the fart that supplies ale so large. Still, the rtoverheilt of late has shown a dlmt Itlon Receipts have contliiUCil to I full ? h?rt of lasl year's totals at the principal centres, notably at St. Louis iri'd Kansas City. which has resulted in strong cash markets In thai region. I nil leneex Later In the Week. Buj Ihg late In the week was prompt? ed Id nom'e extent by a report from 'the ?!'??:? iMiller showing small uore 1 Hge y\i Ids in eleven of the 'most tni ' ".Inter wheat States, thus eon t : previous reports of unsatisfac? tory threshing returns. The report tited a total yield of about 280. 100.000 bushels for the eleven leading I ! wheat States, which harvested .. 303,000.600 bushels In 1010. Cash j values have been advanced, checking although there was n moderate export business toward the end of the , week, partly durums. After a rather easier heglnning, corn j markets advanced strongly, although t'dii i- somewhat in the laie trading. Tl I CU! decline was ascribed to morn favorabh weather in the West. The ^subsequent strength was based mainly i Why keep your friends and family in suspense? A Western Union "Day Letter" will give them all the news before a letter could be started on its way. THE WESTERN UNION TELEGRAPH COMPANY on reports that the rains in the West would l>e of benefit only to the late crop, and that serious damage had al? ready been done. One authority made the condition only 70.1, against 82.1 on July 1, and estimated the yield at about 2,650,000,000 bushels, or fully 100,000,000 bushels smaller than the last crop. A later report suggested a crop of only 2,500,000,000 bushels. In nddition, the movement has continued light, and stocks arc small, it bring alleged that contract stocks in Chicago were loss than L.'iOO.OOO bushels Meanwhile crop reports continued unfavorable! and a bullish government report is gener? ally expected next Wednesday. The late decline was mainly in sympathy with depression in the Southwest, where predictions of further rains led holders to take In profits. SOME OCCULT CAUSES FOR MARKET'S ACTION Now York. August ?>.?Marked reac? tion was shown by the sceurltios mar-] kot last week, prices receding from live to ten points or more In a num? ber of active issues. The extent of the pressure gave rise to the belief that some occult causes were at work be? yond the obvious factors in business, industry and agriculture. It was as? sumed, lor one tiling, that speculative over-extension was In course of cor? rection, both in stocks and commodi? ties. Som< of the gelling was ascribed to cotton market sources, and tin1 violent rebound in the price of that commodity later suggested the relief secured for that market. Another source of iluaiici.il pressure was the policy of the Taris money market to \ strengthen Its reserves by calling homo foreign credits. This policy has been In force towards the Qerman money market ever since the Moroccan ques? tion became acute. The effect was said to have extended to the New York market last week In the form of calls on a speculative group whl< h borrowed money In Paris. Government policy toward corpora? tions was cited as an influence on the slock market. The heavy fall in quo? tations lor Standard Oil and American) Tobacco shares attracted fresh atten? tion to the consequences of the en? forcement of the anti-trust laws. Stops which have been taken by those cor-1 pbrattons toward compliance with the Supreme Court ruling against them threw the minority into much confu? sion of mind as to their position under the proposed plans Tho condition In Which these corporations tlnd them? selves Is taken to point the way to results In other cases The activity of various government departments towards corporations keeps alive expectations of these re? sults. The question of the standing of the Nutionul City Company and its holdings o| shuns in other hanks lias brought the leading financial institu? tions of the country into the scope of till.' Influence. Reports of railroad earnings for Juno bro itht under review railroad results for the six months and the fiscal year. The results prove to be irregular, as shown In the returns oven of roads in tile same field. An increase in gross earnings for tho year by Atchlson witli a good part of tho increase con? served in net. contrasts with hoavy ' falling off In gross, and is aggravated \ in the net decreases of the Harrtmnn ; lines. New York Central for six months lost but a small proportion In gross, hut reduces net by additional I operating cost, while Pennsylvania's, severe contraction in gross is modified i I in the net by cutting down cost to the] extent of half the gross decrease. Rail? road officials speak in tones of con? servative hopefulness of the future. The crop prospect continues a dom? inant factor on estimates of values. The government report on cotton amply, confirms the feeiing of confidence re? garding that crop. Wheat and corn! were affected by persistent reports of. damage In the Northwest anil by in? sufficient moisture for corn. Trade and industrial reports were "spotty." Advices of mill resumption I in New England were mixed with those of further curtailment there and in the South. Increased sales and grow ; itig mill activity are reported In steel. I but their Influence last week was qual Ifiod by 11 yielding tendency in prices of some grades. COTTON PROMISES UNSETTLED STATE Now Orleans. August 6.?The cotton market this week promises to bo. an unsettled affair. Some of the larg? est operators In the cotton world have taken opposite sides of the market, and a battle royal of wits and money is apparently to bo waged between them. The manipulation that will un? doubtedly lie carried on will be the downfall of many a small trader who carries too much cotton. Up to the middle of this last week the market was technically very strong, Ownlg to the large short in? terest it carried. Tho market this coming week will need more support from the Ions side than it needed last wee k as the demand to cover sh.u t cotton will not be as great. Again large traders are accumulat? ing huge linos of long cotton, which may eventually put tho market :n tho same position It was Just before the recent sensational break. Tho mar? ke! will not have .1 normal feeling Monday because Liverpool still will be closed. The trade will express much curiosity as to how Liverpool will take tho fluctuations on this side since Friday night. The movement of new cotton Is n >w J getting so large thai it may become! a feature of Importance this week Last week the statistics of interior towns were affected in a-small way I by receipts of new. The effect ought to be Increased this week. With the j market balanced between bullish and' I bearish influences new cotton mnv ? | i ing In bulk might help the hears a j . whole lot. I it Is now nearlng tho time of tropi- j [ cal storms, and already one or iw.il disturbances of this sort have rnovod I nut of tropical waters. For the liest two months the bears will have to ' contend against the possibility of , : tropical storm Which will disturb their ! best laid plans. dry"G0?DS~R EVI EW .-^ New York. August 8.?Jobbers of , cotton goods pre still pursuing a ', hand-to-mouth policy of purchasing ' Selling agents are not prepared to name prices for future delivery based ; upon exchange quotations for cotton. Curtailment of the mill output Is In? creasing as the close of the cotton I year approaches Notices posted In the ' Fall River Iron Works mills hav? stated that the plant will be closed ' Indefinitely*! Beginning August 19 i many of the largest New England and ' Southern cotton mills will be closed until after Labor Day. Retailers who have hetvi in tlie mar? ket have been buying conservatively The light stocks at the mills and In buyers' hands continues sin an In dependent feature of the situation, i The adjustment Is now dependent upon crop prospects to a great extent, and both mills and selling agents are dis- : posed ?o wait, as buyers are waiting.1 Trading was better at the end of the week than at the opening, and the impression is gaining ground that cloth prices will not show the pro- ' portions to decrease that has been seen in cotton values. Prices are irregular, and have! shown a downward tendency on print cloth yarn numbers, but have held fairly steady on course goods. Quota- > tions are nominal: print cloth. 28-lncll, 64x61s. Ki-Sr; 64x60s, :il-'.'c: 38-Inch, 64x64s. ?c to 5 1-sc: Southern standard sheetings, 8c; denims. 9-ounco, 13 3-4c;| tickings, S-ounce, I3.l-2c; standard staple prints. 1-": standard Staple ginghams, 7c; dress ginghams, 0 3-4c. ; IRON AND STEEL REVIEW New <ork. August 6.?Encouraging reports continue to come from Ihc steel trade, hut merchant blast fur? nace interests are still under ilepri !, slon, Sales of pig iron in all illsrrlo'r last week were only a lit tie inor'; than a sintrle day's outturn of steel Ingots by the Steel Corporation. The, only new inquiry worthy of note in steel making pig iron was for 10,000 tors of basic for the .Scully, Gallagher Com? pany, of St. Liouis. for shipment over the tirst half of 1912. In foundry trade the only important contract pending is for 12.000 tons for the Allegheny and Cleveland works of the VVesting Kottse Electric and Manufacturing Company, for delivery.during the last quarter of this year and firs', quarter of ji)13. Total sales in all districts were scarcely .lO.OOO tons. The Kokomo Steel and Wire Cop', p.'mv is about to contract for ts semi? annual st.\j>ly of steel billets fo;- roil? ing Into wire rods. Its last pniyhnsc was 10,000'ions, from the P-?nns/lvaitis Steel Company; the present IhfljU'ry Is for about the same tonnage. In fin? ished lines current orders for miscel? laneous products were well siu.-lno-l and Well distributed, The ro:?nt rn.l order for ("'an.tda was 'urgent, and stipulated shipments at the rate, of 1.000 tons per day for a month. Rail contracts last week were about 30.000 t.v:i^. t ie contract for about 20.0ip0 tons for the Southern ra'lways helncr dls trlbu^n unoiif SoUtherh and K is tern mills (Vnoes.-lons in prices of ste-d plfttc? were followed, by the placing .?f Rome large: ordi rs fo:- g.is tanks and ma? rine work. Price* for wire products and galvanised sheets were also shaded, hit thcro was less prlce-cut tlntr on ?oft ?tc?.1 huro On? Intnrn?l. Ing feature was the placing of orders for ninety-five miles of line pipe. Al? though contracts for fabricated steel were for only 20,ono tons, some larger proje-ls arc calling for '75.000 to 100. 000 tons. Including 11,000 tons for the Barr Bullding at St. Louis and $.000 tons for the Field Museum at Chi? cago. Bids for the Allegheny River bridge, 7.000 tons, go In August. Crop Reports. ' Memphis. Tenn., August 6-?The I Commercial Appeal tp-morrow will i say: Crop reports are less uniformly j favorable than heretofore. Excessive I rain has fallen in the Mississippi Val? ley States and in Oklahoma, while I North and South Carolina have suf? fered from drought and shedding. Bell worms, army worms and caterpillars havo appeared in many counties in Texas. Mississippi and Alabama, and the excess of moisture for the season makes some of the planters fear rusl und blight and an excess of plant growth. Tile second condition makes the condition less favorable, but tho outlook is still good, as the damage lias not been heavy. The plant has grown large and stands very healthy In all States save the droughty districts of tho two Car? olinas und a little portion of Northern Texas. It has taken fruit well, and If the present crop set on the stalk is matured the yield will be a large one. Ricking has been delayed by the abundant moisture supply, and tho crop will not move as early as expected in the Central and Eastern States for lIiis reason. Boll weevil damage has been very slight up to the present, und the crop in the Infested districts promises to turn out well. A gradual return to dry, warm weather Is desirable. House Committee Has Selected New Purveyor to Lawmakers' Appetites. [Special to The Times-Dlspntch.] Washington, August 6.?Congress has changed one of Its official caterers. A new purveyer to the con? gressional appetite took charge of the cash register, the pastry was slash.-ii by strange hands It was exit for W. J. Cofiln. who for fourteen years lias presided over the House restaurant, and who in his time has fed thousands of statesmen and near-statesmen. Coffin, who goes not of Iiis own free will, but because the. Committee on Public Buildings and Grounds decided upon a successor, stood sadly surveying a great array of pots, kettles, dishes, canned goods and cigars. Coffin was taking an ??in? ventory of the things to be turned over to his successor. Yesterday Raymond Martyn, the new restaurateur, made h's triumphal entry into the Capitol. Cotttn whispered a lew words of advice. Mr. Martyn was doubtless Informed that the congres? sional appetite is a fickle thing, and 1 that one 'must always be on guard. The rousts must be browned just right; the coffee must be weak for that man and strong for the other, and let no waiter forget that he is waiting upon a law-maker. Martyn bravely assumed the task. He has met a few statesmen in Iiis time, having conducted a restaurant on Ninth Street, and he hoped to get along. Thereupon Martyn called up the markets and ordered the best. It is said that politics has had noth? ing to do with the chance in the House restaurant, although Cofiln has an idea, that lie would have held on had the Grand Old Party continued In power. But the Democrats came in. and one. of the first things Champ Clark did was to place the restaurant under the Jurisdiction of the Committee on Pub? lic Buildings and Grounds. The new Speaker had troubles of hts own with? out threshing out gastronomic prob? lems at the beginning of the session. Thirteen bidders?a most unlucky number for twelve of them?came be? fore the committee. Each had a dif? ferent bill of fare, and each promised to strive to please. Coffin was among the lot. and urged his fourteen years' experience as reason No 1 why he should continue to satisfy the rongres ' slonal Inner r^n. I The committee delved into the BUb : Ject of gastronomies as if It were authorizing the erection of a million 1 dollar post-office in some metropolis, i Finally the committee made up its I mind, and Raymond M. Martyn was : designated official caterer. Cofiln held on over August 1. The transfer of dishes, waiters and other imperishable things that go with a restaurant came yesterday. Coffin walked out and Martyn walked in. Martyn says ho will make no drastic changes in the restaurant f-r the pres ! ent. It's too near the end of the sea I son, and lhe new proprietor must get j his bearings. On ring the recess fhe ; restaurant ma. he remodeled and a i lunch counter may be Installed, afford ' ing an eating place both for the hur j rled Capitol employe as well ?s the ? more leisurely member of the Houso , THROWN FROM A I TO AND BADLY HURT -?? I Special to The Times-Dispa (eh. ] i (ape Charles. Va.. August 0.?While descending a steep hill one mile south ! of Painter Station this evening, Mrs. ! A. ?. Brush was thrown from an auto? mobile and seriously injured. j Mrs. Brush was accompanied by h'ir two sons, one of whom was ar'vinK I the machine. The machine in which they were riding collided '/Ith another, occupies by Morris Stephen, a colored chauffeur, which was directly in front of them, and hnd stopped for a fright ; ened horse. The brakes of Mrs. Brush':; ' car failed to wo^k In time to prevetit i the accident. She was thrown violently to the ] ground and sustained a severe gash ? in her head and numerous body bruises Si e was taken to the ofllco .if Dr. W.. L. Croby In nn unconscious condition. TO CHANGE MEASURES. Chicago May Inaugurate System of ?Weights for Vegetable*. Chicago, August 6.?Following tho ? example of Kvanston, the North Shore! ? suburb, Chicago will do away with j peck and quart measures, as far as i they are used for vegetables, and sub Stltute a svstcm of weights. Yeater . day Peter /.immer, city sealer, said he. I would recommend that the City Coun '. ell puss the necessary ordlnnnce. maU : ing It possible for' him to enforce ! such a change ; The city sealer explained that gro < eis annually made fortunes out of Chicago housewives through dishonest measures. Instead of filling up, as ia required by law. they used "short" measures, and simply till them to the tflWill open for business in their new home on Broad St. next to Sixth, on Thursday morning, August 1 Oth at 9 a. m. tflThe public is cordially invited to inspect this new building. William H. Habliston, Pres. J. W. Rothert, 1 st.-V. Pres, John G. Walker, 2nd.-V. Pres. A. M. Glover, Cashier. Notice of Call for Redemption 6% Ten Year Notes Jefferson Realty Corporation NOTICE IS HEREBY GIVEN to the Holders of Coupon Notes Nos. 2, 4, 16, 20, 24 and 69, for one thousand dollars f it ,000) each, of the series six per cent, o ten-year coupon note-, of Jefferson Realty Corporation, dated March 2, 1908, that in accordance with the terms of said notes, redemption of the same will be madi by Jefferson Realty Corporation <>n September l. 1911, that being the next date fot the payment of semi-annual interest due on said note-, by tile payment of tin prin? cipal Ol said notes, with interest accrued to the date of redemption, anil the further sum of one and one-half pcrccntum of the fare value of said notes, provided said notes with all untnatrticd intcrc-t coupons annexed are surrendered on Mid date of redemption; and the holders of said notes are hereby required to present tin- same with all immatured interest coupons annexed, for redemption in the manner above Stated, on September 1, 1911, at American National Bank RICHMOND, VIRGINIA. If said notes are not presented for redemption at said time and place, a sum equal to the principal of said notes and unpaid interest due thereon, and one and one-half percentum of the lace value thereof, will he deposited with the American National Bank of Richmond, Virginia, for the redemption of said notes when pre? sented, and said notes will thereafter cease to bear interest. JF.FFERSON REALTY CORPORATION. By 0. F; WEISEGER, Sei retarv. Conservative Management Courteous Treatment Convenient Location ALL ASSURED By the Bank of Mutual Building. Capital and Surplus, $325,000.00. Solicits Active and Inactive Accounts of Individuals, Firms and Corporations. 3 Per Cent. Interest Paid on Savings. 1 By the fire hazard of your risk. Reduce the hazard and you reduce the prepAiuiri. CONSULT Virginia State Insurance Company Organized 1865. HOME OFFICE, - - MAIN AND FIFTH STREETS. Phone Madison 4000. Expert Insurance Advice Civen Gratis, We welcome accounts of al kinds, large and small. v Manchester National Bank National Bank of Virginia Capital, - 51,200,009 Surplus, - $ 600,009 Accounts solicited Ninth and Main Streets Get one of our little Home Sav? ings Banks?free for the asking. Commonwealth Bank I The Man j Who Knows I I Ry actual experience will tell I 5 you that, in every way possible, ( I the officers and employees of E I this hank combine to mako the 1 I account of every depositor ot ffil I the utmost value and to mako H I him feel thoroughl y at homo X I First National Bank | < IUCHMOXD, VA. 1 Capita] and Surplus' $2,000,000 |