The times dispatch. [volume] (Richmond, Va.) 1903-1914, September 13, 1911, Image 8

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The times dispatch. [volume], September 13, 1911, Image 8
About The times dispatch. [volume] (Richmond, Va.) 1903-1914

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The times dispatch. [volume] (Richmond, Va.), 13 Sept. 1911. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn85038615/1911-09-13/ed-1/seq-8/>

Newspaper Page Text

New York
Stock Market
New York. September II.?Movements
0 ttt prices on the Stock Exchange to
? day indicated thai, for the time bring
at least. Wail Street was In a more
Cheerful mood. The market developed
its customary Irregulurity, and there
?were no signs that any substant'al sup?
port had been tendered. But trudlng
began with a higher level of prices.,
and during most of the session tho list
ranged somewhat above the previous
close. At the end of the day small
fractional gains were general, with a
few stocks a full point higher.
The heavlect selling occurred during
the forepart of the session, when for a
ahort period there seemod to be a re?
currence of the enforced liquidation so
often observed in the markets of the
past weeks. For a time the market
was depressed sharply, although the
only result was to cancel the earlier
gains. Only two of the active stocks
were forced to new low levols of the
year. Pennsylvania reeded to 11S\B
and Missouri Pacific to 35?i. The mar?
ket soon reversed Its position and
mounted to well above the -final range
of yesterday.
The advance resulted largely from
the covering of short contracts on the
part of operators who believed that
the market had been oversold The
market became dull on the advance,
the demand being limited largely to the
trading element. In spite of the long
extended downward movement there
has been no apparent Increase In the
amount of public participation in the
market
One of the most Important factors In
determining the market's tone was the
demand from abroad. Europe was a"
souroo of strength, the foreign liqui?
dation of recent days being replaced
by purchases of about 36,000 shares.
Only a small part of this amount was
for London account, Paris and Berlin
taking the larger part. The prevailing
uncertainty over European political
complications is reflected in the foreign
exchange market. In a decline In the
sterling rate at Paris and some firm?
ness in the sterling rate at Berlin
Changes in the Paris exchange market
have caused a slight advance here In
sight francs.
Outside the market leaders there
was much Irregularity. International
Harvester declined about two polnt.
on reiteration of the report of ap?
proaching proceedings by the Federal
government against the company. Pa?
cific Mail was one of the strongest ol
the specialties, with an advance of two
points. Prices were influenced but
slightly by the failure of a Stock Ex?
change firm, assurances being given
that the failure was not connected
with the present luisettlement of the
market and that it Involved no other
interests.
American Tobacco issues were excep?
tionally strong. !>.uvy buying of these
Issues was supposed to be in connec?
tion with the expected early comple?
tion of the plan of reorganization. The
advance In the 4 njid 0 per cent, bonds,
?which later reacted, was the feature of
the bond market.
Bonds generally were firm. Total
sales, par value, $2.435.000. United
States bonds were unchanged on call.
Total sales for the day. 503.200
chares.
New York, Sertember 12.?Money on
call steady, 2$4<?>2$4 per cent.; ruling
rate, 2*?; closing bid. 2%: offered at
2*4. Time loans steady; sixty days.'
3'3 3V4 per cenl.; ninety days. 3Vi@3tt;|
6ix months, 3M Ti 4. Prime mercantile]
paper, 4^ per cent. Sterling exchange!
Eteady. with actual business In bank?
ers' bills at $4 S350 for sixty-day bills |
and at $4.SG15 for demand. Commc-r
cial bills. J4.S2S4. Bar silver 62?
Mexican dollars, 45.
RICHMOND STOCK MARKET.
By Richard W. Maury.
Elock ard Rond Broker. ICS E Main Str-et.
Richmond. Va.. September 12. Uli,
SALES AT BOARD.
10 Vn.-Car. Cham pfd., at. 117ij
STATE SECURITIES. Hid AstkeJI.
Va 3e. Old C. and R . 1935. ST m
Va. O-r.turles. :. 3. C. and R. 1*1.. f>7
RAILROAD BONDS.
A. C L R. R. Con. Tr. 4 p. c... 95
C and O. Gen ! M.. 19>:. ;o;
Ocorgia. Sou. and Fit., IMC.'.. 106
Georgia and Ala Con. In, 1915_ 10",
Nor. and WeaL'Ry. je, 1996. ^
Fouthein RaltVay. 1st' 5;s. 1?94.... :or
Bo. H. Dev.* anil O. M. 4?. 1946..,.. Ti
Western X. c. 1st C, 19;?_?Jioi
STREET RAILWAY BOND8 ~
Norfolk and Ports. Trac. CO 5k. 1916 H?>J
%*. Ry. and power <'o. es. 1931... ?5 ...
STREET RY STOCKS." Par,
Norfolk Railway and Light Co.. ttmfwyn
Va. Ry. and Power Co. pfd...400 7614 ..
?a. Ry. and Rower CM. com....100 J$" ;r.
RAILROAD STOCKS. Per.
Atlantic Coast Line com.100 U0'
Chesapeake and Ohio.10(, ;.j I
Norfolk und Weitem com.10u 'M "' !
ff., V and R. Dlv. ob'.lg.log ... ;;i
beuthern Railway p!d.10v e5
Southern Railway com.lev so ...
BANK AND TRUST CO. STOCKS.
American National.ioo '?o
Broad Street. ?j
Bank of Commerce and Trusts.l'X> n?
ran National. 100 S2S US
Merchants National...too 7^
P.antere Nationtl .IM 7ia
Union Bank of Richmond. M 300
' ,? .^HV Company....10? UQ 153
INSURANCE COMPANIES.
Mrgu.ia Firi ana Murine.... "L
MtSCELl.ANEtjfK.
Amtr. Tobaeco Co. pfd. 6 p. c. ',1
Vs. Car. Cheni. pfd .. t. , " i<o
Va.-Car. Chem. com........100 4
Quotation? for lnterest-paylnc oond? a
?t a price t6 which interest'must t.-' idOr
Income bonds and certificates ?? mi",
to, are flat. '
BO WD LIST.
AllU-Chalmrr? is .
American Tobacco Company ityril
American Tor.,-.. .-, Company it.loi "
Atlantic Coast Llftii U| la (bld).il'!
A. ? '. L.-L. and N. ts.?.'
Atlantic '.'oast Line coo\ is
Chesapeake and 01.1,. . j. , (bid)
Norfolk and W?stem ronv. -t, (bld>.'. 10?
feeubonrd Air Line I,
Seaboard Air Line adj. r.? (bid'it'll
Southern Bell 3s. . 1'^J'*'
Southern Railway It..'.,'...,???
?Southern Rallwaj ;-. .''
United States f-.toel :d it
Vs.-Browr. Bros tfs .: d. '.':'*
Va.-C*r. C'bem. 1st is.... ,??
Wasash deb. la . .,
Wabash-I'ltts. 1st is.
Panama ?t? 2? . . ,', 4
COTTON MARKE i n.
Ntw York, September 1J.?The cotton irnt
fest was much less active 10-day bui showed
a steadier lone on a raoder?l.
from trade Interests or leading bulls with
the close steady, a- a net advance of i ii'
points.
. Receipts to-day. BS,?l ba;.?. ajtalns: 7T.:.M
last week and ?*.i7 last real
To-day's receipt,, ai New Orleans. ?:?
OPKN AN ACOOUNT WITH
The Union Bank
of Richmond
1107 EAST MAIN S'IRF IfT.
tVOO MAKES A START II PER
CENT. INTEREST
Official Range and Sale of Stocks in New York
Sales. Stock.
AUH-Chalmers .
Allls-Chalmcrs. pfd.
11.9? Amalgamated Copper ...
100 Amer. Agri. Chun., com.
Kxi Amer. Beet Sugar, com..
500 American Can .
ITO American Can, pfd.
500 Amor. Car nnd Foundry.
Amer. Car and Foun., ptd
100 American Cotton OH.
MOO American Unseed Oil....
60j American Locomotive ...
Amer. Locomotive, pfd...
Amer. Malt Co., pfd.:
21.2CO American Smelling .
400 Amertcun Sugar .
2,100 Amer. Tel. and Tel. Co...
296 American Tobacco, com.
1,200 American Tobacco, pfd..
3"0 Anaconda Cooper .
6,700 Atchlsbn .
1T& Atlantic Coast Line.
A. C. L. of Connecticut..
1.970 Baltimore and Ohio.
1.700 Brooklyn Kapid Transit.
60i? Central Leather, com ?
13.450 Canadian Pacllic .
4.2?.? Chesapeake and Ohio,;..
200 Chicago Great Western.
7,165 Chi., Mil. and St. Paul...
15 Crucible Steel Cor., com.
100 Crucible Steel, pfd.
200 Chicago and Northwest.
Colorado Fuel and Iron,
ltd Colorado and Southern..
1,100 Consolidated Gas .
700 Delaware and Hudson...
400 Den. and Rio Gran., com.
TW Den, and Rio Gran., pfd.
w Distillers' Se;. Cor.
1.400 Erie .
300 Erie; 1st pfd.
ICO Fed. Min. and Sm., pfd..
lien Jrai Electric .
2.600 Great Northern, pfd.
GOO Great Northern Ore ctfs
100 Illinois Central .
4"" Intel boro-.Mo'.
By THOMAS BRANCH & CO.. Bankers and Brokers.
Open. High. Low. Bid. Asked. Sales. Stock. '
Closing
6% 7%
Open. High. Low.
b6%
53%
54
10
S4%
47 %
62
9%
31%
6S
115
134%
4 00
94%
33-f,
1021?;
120
"95%
73%
7014
17%
111*4
11
S<">u.
140 *
44
132
161
22 ?
46%
31
29%
48%
4S
l&o%
121?
135^
HU
37%
53%
04%
10
85%
47%
"ca
10
116%
i::iTs
401
95
34
1031?
96
73%
22%
223%
70%
17%
112?
11
80%
140
44
132%
1*1
22%
"31%
29%
49%
iso%
12.'%
47 ?
135'4
14%
5.".%
53%
53%
9*i
84%
47%
62
9
34%
67 V4
115
134%
359
93%
33-,
101%
95%
73%
22%
221%
6'.'%
17%
111%
11
80%
14?i
131
160?
31
29
4S%
iso%
121%
45%
136%
14%
17
66%
53 %
53%
9!?
.85%
47%
113%
61%
9%
34
103
38
68%
114 ??
134%
397
9);s
33\
102%
120
230
95 H
73%
22%
222%
70%
17%
112%
II
S0l4
1
29%
46
132%
160%
21 ??
?4?r%
31%
29%
49?4
47
161
122
46
135%
14%
500 Interboro-Mot.. pfd. 42
200 Int. Mer. Marine, com... 3%
International Paper .... ;..
Int. Paper, pfd.
Kan City South., com.
34,000 Lehigh Valley . 164
600 Louisville and Nashville 140%
ICO Manhattan . 186
300 Mo.. Kan. and Texas.... 29%
Mo., Kan. and Tex., prd. .#.
4,669 Missouri Pacific ......... 3C%
400 National Lead . 4S%
3,020 New York Central.102%
N. Y., Ont. and Western ...
300 Norfolk and Western... 101%
11.700 Northern Pacific . 114
1.90O Pacific Mall . 29
12.300 Pennsylvania . 120?
300 People's Gas . 104
Pittsburg Coal, coin.
200 Pressed Steel Cnr. 29%
Pressed Steel Car. pfd.
Ry. Steel Spring, com.
112.100 Reading .iSS1*
57
10
86
47%
110%
52%
9%
35
106
40
68!,
115%
13494
398
9G
34%
102%
121
23.'.
42%
4
154%
140?i
135
29%
36%
49
102%
i?i%
114%
30%
120%
104
3%
73',..
23
223I4
7<P-i
18%
llJMi
II?.
SI "
140%
:<u
46
133
161
22%
46'?
31%
29%
4111
55
l."-2'4
122%
47
136%
14%
1S9T?
3%
10S
26?
23%
163%
37
?8%
114H
52%
Bid. Asked.
Closing
42 42?
3% 4?
9 ??
45 46 ,
27% 29%
151!?
140%
135
29%
35%
4S%
101 ft
101%
113%
29
119%
103
29% 29%
138
24%
600 Republic Iron and Steel 24%
Republic I. and S.. pfd.- ???
2.200 Rock Island . 24% -4% Z3%
100 Rock Island, pfd. 4.1, 4.% 47
Sloss-Shoffiold .
9.0.-V) Southern Pacllic . 107?
1,000 Southern Railway . 26%
350 Southern Railway, pfd. 05%
Standard Oil .
Tennessee Copper .
200 Texas Pacllic . 23%
100.100 Union Pacific . 163
100 United States Rubber... 37
9S.700 United States Steel. 6S%
1,000 United Stnt ?s Steel, pfd 114%
200 Va.-Car. Chemical . 61%
Va.Car. Chemical, pfd.
100 Va. Rv. and Power, com 40 40
Va By. and Power, pfd. .._
pvi W.ibash . 13% 13%
300 Waoash. pfd. 27% '.'7'4
100 Western Union . 74 74
Total sales for day. 516.700 sh
Total sales for week (two days), 1
FW%
26
63%
23%
101%
37
67%
114%
61%
"40
13%
27?
74
ires.
206,700
29
64
36%
4S%
102?
38K
'30%
119%
103
18%
29%
97
29
139%
24
90
24%
47
36
107%
26%
65%
630
32%
23*;
37%
68%
114% 115
62%
11"
29 <fr> 40
'6% 77
. 13%
I7<4 27%
3?
131
bales, against 633 last year; and at Hous?
ton, 22,-tf.? bales, against 1S.S4S last year.
Cotton futures opened steady and closed
steady.
Open. High. Low. Close.
Septomber .11.50 11.60 11 64 11.6?
October .11.23 11.35 11.27 U.32
Novembor ...?. 1LS4
December .11. SS 1L47 11.JS 11.13
January .11.3S 11.44 11.36 11.40
February . 11.44
March .11,4? 11.66 11. IS 11.62
April. 11.55
Mny .11.69 11.6? 11.(8 31.62
Juno .... 11.60
July .11.67 11.61 1L61 11.61
Spot cotton closed quiet. 5 points higher;
middling uplands. 11.85; middling gulf, 12.10.
,\'o sales.
Cotton, quiet; middling, 11SS; gross re?
ceipts, 4,6?? bales: stock, 94.2S4.
Total to-day at all ports?Net receipts,!
I S?.471 hales; export to the Continent. 5.XU
I bales; stock. 2is.l3$ bales
Consolidated nt all ports?Net receipts*. ,
| 127.747 bales; export to Gloat Brltiln. 50,347
j bales; to France, 13.M bales; to the Con- ?
I tlnent. 44,(80 bales; to Japan. 1C9 bales. I
Total since September 1 at all ports? j
Net receipts. 296,396 bale*; export to Groat!
Britain. 7C.49 4bale*. to France. 37.776 bales; 1
to the Continent. S7.-51 bales; to Japan. loO',
bales; to Mexico, 159 bales.
LOCAL MARKET ?ROTATIONS.
(Furnished by Levy Commission Co.. Com?
mission Merchants, Richmond, Va.)
Richmond. Va., September 12. 1911.
ACTUAL WHOLESALE QUOTATIONS OF
MARKET.
LIVE POULTRY.
Chickens, choice, small, lb. it IS
Chickens, large, medium, lb.. 15 : 16
Chickens, large, lb. y ,s
Hens, lb. tf 12
Roosters, each . 30 <a
Ducks, large, young, lb. <ci
Ducks, small, old, lb. jj 10
EGGS
In crates, nearby, fresh, doz 4t 21
In crates, other sections, doz 29 'a.' 21
Gull.i.-a, tt5*. doz. fi 12
BUTTER.
Family, choice, fresh, lb. 20 4/1 22
Merchants', fair, lb. 0 17
LI VIC STOCK.
Vea.1*. choice to fancy, lb. it 7
Veals, poor to fair, lb...,. 6 9 t\.2
Calvers, runners, lb. oViitf 6
Bhee-p, lb. i & 4
Lambs, spring, lb. t 9 6
Cattle, fnlr to prime, lb. 4 (r ?
Hosji, lb. 7%0
HIDES.
Dry flint, lb. ?? 17
Dry salt, lb. 9 15
Green sail, lb. 9 11
Green, lb. \ 10
Green, damaged, lb. 6 ?> 7
Tallow . 9 &
HJceswax . <S S7
WO*3L
Bright. No. 1. tubwashed. Ib. II y 25
Bright. No. 2 tubwashed. 9 ?
Ch., unwashul, fret of burrs. 9 21
Sh.. unwashed, lightly burry. 17 1?
Ch., unwashed, medium hurry 9 I*
Ch.. unwashed, hoavy burry. HVj'eC IS
MISCELLANEOUS.
Onions, dry. hag. 2.00 Ii 2.25
Potatoes. Irish. No. 1. bag.... 3.00 it J.IS
Receipts, chickens, heavy, mr.rkct druggy
Eggs in light receipt and very active. Other
pi ice active at quotations.
NEW YORK PRODUCE MARKET.
New York. Septembei 12.?Flour?Quiet and
steady. Rye Flour?Firm. Cornm f t'?
Quiet. Rye?Steady. Barley?Noi.vjmJ.
V/heat?Sttaill-r; No. 2 red, 58?ic; elevator'
and f. o. 1>. afloat. Market closed
unchanged to >? net lower; September. 99V;: ,
December, fl.<.?*,. Corn?Dull; No. 2. 74?ic; !
elevator, domestic ^asls. to arrlvo and 74*-4C i
f 6. b. afloat; export grade. Futures nomi-I
rial. Oats?Quiet: future! nominal. Leather.)
- i Irm. Pork?Steady. Beef?Steady. Lard
?Quiet; Tallow?Steady. Petroleum?Stcad>. I
W asw-3tead) Rtci?Stead*. ISaw, I
Sugar?Firm; refined, tlrm. Coffee futures
closed firm, at an advance of 3 points mi i
September and 01 SOU points on Inter
month*; Spot Coffee?Steady; Rio, No. 7. .
PV.. Santos. No. 4, HUc; mild coffee, dull;
Cordova, I4'?'cjl6; nominal.
CHICAGO GRAIN MARKET.
Chicago. September 1:.?surprise nt the J
scantiness of Increuse In the world's vlsl- I
b'.e supply of wheat helped the. market for '
that cereal to-day from heaviness to [
Strength. The outcome wos u net advance 1
6| ;? to *?? In provisions, there was 2 ?4 1
I t0 ii cents decline.
Leading futures ranged to-day as follows:
. Open. High. Low. Close. 1
WHEAT?
I sept. K% 01% :>2?. \
t),,,-. :?S f*7? 96*4
May. IM? 102V4 101Z 102H
IRN
4SH
66H
? .
MESS PORK?Per bbl.
lbs.
.a i; ?.as
. 9.40 9.4C
. :<. 27 9.30
s.sO
g.S2
S.33
1 ;,rf grain: Wheat-No. 2 red. 9:Hft93r;
No :: red, 90091'Ac; Xo. 2 hard winter,
r :r; No. ." hprd Winter, 91 ?ff95c; No. 1
r.orthern spring, l.i'.">?i 1.0?; No. 2 northern
si>r;?-.g. l.C3?7i 1.07; No. 3 nortnern aprlnir.
'? i ! Wi No. 3 spring, 95(11.0!': No. 4 spring.
v-?.. t '. .-,.>ff KV-. ?/. [Durum,
M 11.01. ' orn NV- j. fiv-i *?c. "No. 5 white.
? "iTr- No. 2 yellow. *?>??: No. 3
v . ?. ? ..<!??: Nr.. 3 while. ClU w ?6*4; No. .1
yellow) tftKtfWici No. 4. ?'4 C ?IV, No. 4
" ??'?'? ?! 64t?c; No.' 4 white. 61P; 66'?
Oats-No. * whtt?. 4Pi((451(0; No. 3 white.
41';lt?<c. Nn 4 w;-.|r,., i{>$044(iC; stand?
ard ii'-iitr.f.
1 1 ? -n:.?. M'd'. September li?Wheat?
Sti . j Spot contract, '.|c: southern on
grade, 'irvt'.'U- Corn?Firn?. Spit con
trocl '5 .. . Oats?steady. No. 2 white,
nyit It!* 8 4644c; r..d. 47r'\ 47!-*c.' Rye-Firm;
I No- -? western domestic, Xfl9?r.
RH IfMONO <ilt \lN EXCHANGE.
Richmond, Va.. Pet.l/^nher :2, 1911.
WHOLESALE QUOTATIONS ON 'CHANOB,
WHEAT -Car lots.
No. 2 red, Virginia. q % 94
No. 2 red. Virgin's. '9 95
No. 3 r-.d. 9 M
Virginia, bag lots. S3 @
Virginia, bag lots tfor seed) 33 5*
COK.N?Cur lots.
No. 2 white. "3t4@
No. 3 white. 0
No. 2 mixed. 0
No. 3 mixed. 73
Virginia, bag lots;. 73 a
OATS?Car lots.
No. 2 mixed. 0
No. 3 mixed. 4?V40
No. 2 white. 0
No. 3 wlilte. 0
winter seed (bag lota). 65 a
RYE?Car lota
No.
No. 3.
Virginia, bag lots.
RICHMOND HAY .MARK 1/1.
Richmond. Va., September 12, 1911.
The quotations are as follows:
No. l Timothy. 24.00
No. 2 Timothy. 22.60
No, 3 Timothy. Nominal
Light Clover, mixed. 22.50
No. i Slover, mixed. 21.J>
No. 1 Clover. Nominal
No. 2 Clover, mixed. 18.M
No. 1 Clover. Nominal
STRAW?Compressed . IN
Loose-pressed, large bales... 10.00
SHCCKS?Compressed . Nominal .
Loose-pressed, large bales... Nominal
Loud your car* so that hay at doors rep
resents contents and thus avoid rejections.
This market grades hay In aecordunee
With the rules of the .National Hay Associa?
tion.
CATTLE .MARKETS.
Chicago. 111., September 12.?Cattle-?Re?
ceipts, 6.000 head. .Market steady. Beeves.
$3.o04jS.lu: Texas steers, I4.10ijb.40: Western
steers. S4.?0&7.00; stockers and feeders,
63.000S. GO; cows and heifers. S2.2i$ju>it>;
calves, '$6.25 (f 9.25. Hogs?Receipts. 12.000
bead. Market steady. Light, JotiOJj7.it>;
mixed. i'J.isi ii 7.50; heavy. Iti.s?'u 7.40; rough,
16.05 Q 0.:?0; good to choice heavy, 66.906j 7.40;
pigs, 64.ti0U7.10; bulk of sales, J6.45 >( 7..5.
sheep?Receipts, Si.Oeo head. Market steady
to strong Native, 62.15 03.80; western.
*2.40*) S.s?; yearlings. J3.7i 'j 4.65; lambs, na?
tive, 6"3.75ii?.60; western. 64.15@5.65.
New York. September 12.?Beeves?Re?
ceipt*. 1,056 head. ..o trade of importance.
Peeling firm. Calves?Receipts, 1.0S4 head.
Veals, J7.00iy 10.50; culls. $4.6006.60; gras-ers
and buttermilks, < tl.0006.00; westerns, 64 00
Q7.2;.; southern calves, $5.0007.60. Sheep and
lumbs?Receipts, S.7&0 heud. Sheep. $2.00r&
4.00: culls. 61.00'u 1.75; lambs, 64-6006.26. Hogs
-Receipts. 1,269 bead. Market lower, at
67.30<ii 7.&0; loughs. $6.40 6 6.60.
BICHMOND TOBACCO MARKET.
Richmond. Va., September 12, 1911.
Quotations on the Richmond Tobacco Ex?
change :
BROWN SHIPPING? REORDERED.
Lugs . 7.50 0 S.75
Short leaf. ,.: 9.00 tv 10.6?
Long leaf. 10.00 it 13.54
Wrappers .'. 16.00 0 16.06
BRIGIIT3.
SMOKERS?Common . 7.00 H S.50
Medium .9.00 fj 11.00
Pine . 12.00 U 13.00'
CUTTEReV-Commoa . 12 00 a 12.50
Medium . 14.00 i} 16.50
Fine . 17 CO iff 16.60
Fancy . 16.60 ? 20.0?
FILLERS?Common . 8.00 it 11.00
Medium ...". 11.00 Q -2 0?
tlooil . 12.50 if 13.50
Fine . 14.00 <i\ 16.00
\\ RAPPERS?Common . l?.00 0 17.00
.u.-uium . lS.uw ft 20.00
Good . 25.00 '<J 30.00
Fine .?. 62.50 Ijr 37.50
Fancy . 40.00 'tf 45.0?
SUN-CURED?NEW.
Lugs, common to good. 6.39 it 7.00
Lugs, good to prime. 7.30 'ii S.50
Short leaf. 9.00 Jj' 11.00
Long leaf. 11.00 0 14.00
Wrnppers .1. 14.00 ii 26.00
Primings ..'. 1.00 O 3.00
M ISC EI J. AN KOI) s MARK ETS.
PEANUT MARKET.
(Furnished by Rndgers. NlcCabe i: Co.)
Petersburg. \'n.. September 11,?Peanuts.?
Farmers Spanish?Firm at 11.25 per bushel.
Virginias?Firm; bunch. ?U5'^c. per pound;
fancy hand picked. t^??c. per pound; ex?
tra prime. 4c. per pound; prime. 3ilc. per
pound; machine picked. 3V#'(i *c. per pound,
shelling stock, Jc. per pound. ?
MA RIS E IST EI.LR! ENCE.
Richmond. Va., September 12. i9U.
PORT OF RICHMOND. SEPTEMBER 11, 1311.
ARRIVED. *
steomer Berkeley, Shelly, Norfolk, mer?
chandise and passengers, Old. Dominion Line.
Steamer PocahODtaa, Graves. James River
landings and Norfolk, merchandise nml pas
.sengers, Virginia Navigation Company.
SAILED.
Steamer Berkeley. Shelly. Norfolk, mer?
chandise and passengers, Old Dominion Line.
BOOKS EXAMINED
BY GRAND JURY
Continues Investigation of Affairs
of Defunct Building
Association.
Alexandria, Va.. September 12.?The
special grand jury which yesterday
morning began investigating into the
affairs of the defunct Mercantile Rail?
way Building and Loan Association,
resumed its labors this morning. The
jury sent, for all of the books, check
book and other affairs of the asso?
ciation, after examining several wit?
nesses, among them being people who
have1 been engaged in the work of
I helping to straighten out the affairs
i of the nssoclution, with Receiver
Douglas ^Stuart.
Several piles of hooks of the asso?
ciation were brougj-ht before the Jury
for inspection. The Jury took a recess
at 1 o'clock and reconvened at 3
o'clock this afternoon. i
The afternoon session was taken
tip In the work of examining i?Mt
j nesses. Several members of the board
I of directors were also examined.
It is expected that It will be sev
I eral more days before the jury com
I pletes its labors.
I T.ewls Hooff, aeoretary and general
manager of the association, who wis
arrested yesterday and ufterward re?
leased on bail In the sum of Jin.ono,
[ was In this city to-day. Tt was
thought that he might appear before"
the Jury to testify this afternoon, lie.
, however, did not.
I In the event the Jury returns In?
dictments ugalnst Hooff, he will be
rompelled to give additional hond to
the $10,000 already given In connection
\ with the two Warrant? pending against
I him.
HIGH COST OF LIVING
HITS THE UNDERTAKER
_
Pittsburtj. September 12.?Tt Is an 111!
wind that doesn't blow, some, good i
Pitlsburg undertakers blame the high ;
costof living fc the low death rate, j
Business Is frightfully dull, and onf
doleful emhalmcr gives the following
reasons:
"The high cost, of living has re- j
duced the amount of eating. Increasing |
the healthful stutc.
"Or. Wiley Is having things his own I
way In the pure-food campaign.
"The steel truct's antl-clgarette cru?
sade has also helped.
"People simply are- not dying." says j
'the undertaker. "The last thirty days,
] will show the lowest death rate In the'
; history of the city. High prices have'
caused poor people to solve the eat- |
ing question and made eating a hoalth-f
ful. scientific, practice Instead of a
habit" _
Suction scales. JiT?turii &m>&
By 'Virginia 'Realty Company,
Real Estate Auctioneers,
106 North Seventh Street.
AUCTION SOLE OK THAT
COMFORTABLE KRAME DWELLING.
616 BEVERLY STREET.
The lot is 19 2-3 by 99 feet. At the
request of the owner, we will sell at
public auction, on the premises,
FRIDAY. SEPTEMBER 15. 1911,
at .' P. M.,
the property above mentioned. The
house Is a well built frame, containing
nine rooms, has bath and elty water
und is conveniently arranged and 'b In
I good repair! practically new. if de
: sired as an investment, will demand a
I good tenant or make a comfortable
j homo.
TI'.lt.MS: Easy and announced at sale.
This Bank Offers Every Facility to the
Small Depositor as Weil as to the
Large Depositor
Whether you have SI.00 or SI,000.00 to deposit, your ac?
count will be equally welcomed.
The small borrower is afforded the same facilities as the
large merchant or corporal ion.
We cater especially to small accounts, and, whether you
desire additional money to extend your business, build a home
or for other purposes, we arc at your service.
To those considering a change in their banking connections
we cordially invite your account.
TRUSTS
MUTUAL BUILDING.
S'iakntuiL
StrumtitiL
$3,000,000 Guarantee
Against Loss Offered by che Stockholders to Depositors in the
NATIONAL BANK OF VIRGINIA,
Incorporated 1865.
CAPITAL $1,200,000. SURPLUS $600,000.
STOCKHOLDERS' LIABILITY $1,200,000.
In addition, the stockholders have placed the management in the hands of the following Board
of Directors and Officers: /
DIRECTORS:
E. B. Addison,
?. L. Bemiss,
T. H. Eilet*.
H. Theo. Ellyeon,
Geo. L. Christian,
T. A. Cary,
Carl H. Nolting,
William T. Rood,
j. W. Rothert,
Wtn. Northrop,
T. C. WllHams. Jr..
f:. C. Laird,
no. Garland Pollard,
W. P. Glinn,
Eppa Hunton, Jr.,
R. G. Retinoide,
W. M. Habllstoa.
Beni. P. Als op.
B. Rand. Wefllord,
S. W. TrsKn,
. G. Tinsley,
no, T. Wilson,
as. A. Moneure.
no. SWdton Williams,
?. D. Williams.
OFFICERS:
W. M. HAH LI SI ON, President.
JON. SKELTON WILLIAMS, Ylce-Presldent.
W. M. ADDISON, Cashier.
O. S. MORTON, Assistant Cashier. JOHN TYLER, Assistant Cashier.
W. II. SLAUGHTER, Assistant Cashier. J. M. BALL, Jr., Assistant Cashier.
ACCOUNTS SOLICITED.
WILLIAM T. REED, Vice-president.
3% Interest Paid in Savings Department
Start a savings account with us.
We pay 3 Per Cent. Compound
Interest.
Commonwealth Bank
BY COMMISSION
-
Chosen Assistant State Bank
' Examiner Over Twenty-Four
Other Applicants.
[Special to The Times-Dispatch.] j
Raleigh, n. Cm September 12.??. A.
Hubburd. of Reidsvllle, hus been
chosen Assistant State Bohlt Ex- ,
amlner, succeed'ng Charles V. Brown,
promoted to Chief Examiner In the
place1 of J. Kemp Doughton. resigned
to go into the furniture manufactur?
ing business In High Point. The Cor- I
potation Commission elected Mr. Hub
bard this afternoon, and he enters !
upon his duties at once. For several
years he has been bookkeeper and
teller for the Citizens' Bank, Relds?
vllle. lie won the position In a race
in which there were twenty-five ap?
plicants. The position f<ays $1,600 a
year, and the two examiners have
nearly lOo banks for regular and spe?
cial examinations.
A very decided improvement is re?
ported in the condltior of little Em?
ma Hamilton, the seven-year-old child
run down last Friday by a touring car
driven by Henry C. . Brldscrs. well
known bankers and trallroad presi?
dent of Tarboro. The development of
pneumonia In connection with the in?
ternal Injuries in chest and abdomen
gave rise to the gravest fears, on Sun?
day and yesterday, but there was a
marked Improvement this mornlnn. I
and unless there is some relapse re- j
covery is certain. Mr. Bridgers ha>*
made every provision for the most ;
expert care of the child In consulting !
physicians, trained nurses and other '
ca re.
For the purpose of developing real
estate in the vicinity of the Univer?
sity of North Carolina, there was
chartered to-day the Orange County
Realty Company, of Chapel Hill, capi?
tal $lu,000. by P. H. Winston. W. S.
Roberson and J. Sottthgnte Jones.
10 SEEK RECOUNT
j
But Defeated Candidate for i
County Treasurer Has Not
Yet Asked for It.
Friends of S. M. O'Bannon. defeated
candidate for treasurer of Henrlco
county, are urging him to ask for a
recount of the votes cast in the recent
primary, In' Which H. C. Hechler
was declared the winner. Mr. O'Ban?
non said last night that he had not
been able to make up his mind as to
what course to take and c->uld not say
definitely whether or not he would ask
the county Democratic Committee for
the recount. Meanwhile, the ballots \
are locked up in a safety deposit '
vault, awaiting the ? Investigation if!
cne is ordered.
Mr O'Bannon has until ten days af- j
ter the primary to make up his mind. .
und unless ho takes some action he j
will have no redress after next Mon- |
day noon. The only grounds\to Jus- !
tify a recount so far, are that the
original count was made under adverse ,
circumstances and that either candi?
date might have profited by lt. In \
an indirect way there has been some
talk of fraud, but Mr. O'Bannon dis?
claims any knowledge of evldenc-- that
would lead to unfair work.
If he decides to ask for the recount.
Mr. O'Bannon will make formal appli?
cation to Chairman Fleet, of the Dem?
ocratic Committee, and the ballots will 1
be opened and canvassed in the pre*- I
ence of the committee at the county !
courthouse.
AUTUMN PRACTICE ENDS
nntlle?hlpx of Atlantic Fleet Will He
Overhauled for Winter f'riilnlns;.
Fort Monroe, Va.. September 12.?
The unnual autumn battle practice of
the ships of the Great Atlantic fleet
has been completed, except for some
delayed practice of the battleships
Georgia, Louisiana and Minnesota,
which to-night were on the Southern
drill grounds Mulshing their work. The
New Hampshire completed her Indi?
vidual and experimental day firing to?
day, and Roar-Admiral Osterhaus,'
commander-ln-chlef of the fleet, re?
ported In the Secretary of the Navy
that the practice of the main lieet had
been completed.
A number of the "battleships already
have gone to their home ports for their
overhauling, preparatory to their win?
ter cruise. The remainder of the fleet
to-night was anchored In Hampton
Roads, ready to Hull for tholr home
ports to he put In shape for the
coming winter's work. The records
of the ships will not be known officially
until they have been wrfrked rut In the
Navy. Department at Washington.
The flagship Vermont, of the second
ORGANIZED iS65.
Virginia State Insurance Company,
(FIRE)
RICHMOND, VA.
Abstract from Statement of Condition, June 30, 1911.
ASSETS.
Bonds.$143,045.00
Richmond Bank Stocks.. ...._ 116,647.00
Other Stocks._ 1,200.00
Real Estate (unencumbered). 135,250.00
Loans on real estate (first lien)....... 19,402.20
Agents balances in course of collection not more
than ninety days' due. 42,521.97
Accrued interest. 4,151.57
Bills Receivable and Open Accounts not more than
ninety days' due. 2,675.04
Due from Insurance Companies. 3j012.ll
Cash in Bank and Office. 13,631.66
$481,536.55
LIABILITIES.
Reserve for reinsurance.$204,140.82
Reserve for unpaid losses and losses in process of
adjustment . 29,511.99
Reserve for Accrued Taxes and other contingencies. 6,444.20
Capital. 200,000.00
Surplus above all liabilities. 41,439.54
$481,536.55
Gain in Surplus Since Annual Statement, $7,174.19
Result of Energy
A BANK strong in its resources, conservative in
its management, progressive in its policy, with ample
capital, modern equipment, splendid organization,
officers of experience, and a strong directorate.
Thousands of customers have found our services
entirely satisfactory and do not hesitate to recom?
mend us to their friends. Your patronage is solicited.
First National Bank
Richmond, Virginia
Capital and Surplus, $2,000,000.00
JNO. B. PURCELL, Pres, JNO. M. MILLER, JR., Yice-Pres. and Cashier
FRED. E. NOLTING, Vice-President
Choose
This Bank for its ability to serve you. Loans on Real
Estate and Approved Collateral.
Business, Personal and Savings Accounts solicited.
3% Interest Paid on Savings
BANK OF
COMMERCE! & TRUSTS
Capital and Surplus, $325,000
INCORPORATED 1832.
i Seventy-nine Years In Successful Operation. |
I Virginia Fire and Marine (
Insurance CO., of Richmond, Va. I
1 ASSETS, $1,590,315.55 f
OFFICE 1015 E.MAIN STREET
SffllUMIHIM^
division, arrived at the Norfolk navy
yard to-dny, joining the Kansas and
the New Hampshire.' The'South paro
llnn Will follow nt once. The North
Dakota nlso Is to fco to the N'orMdk
navy ynrd, and will he the first vessel
to be docked In the 000-foot dry dock
there. ,
We pay three per cent, com?
pound interest on all savings ac?
counts.
Manchester National Bank

The times dispatch. [volume], September 13, 1911, Image 8
About The times dispatch. [volume] (Richmond, Va.) 1903-1914

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The times dispatch. [volume], September 13, 1911, Image 8
About The times dispatch. [volume] (Richmond, Va.) 1903-1914