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The times dispatch. [volume] (Richmond, Va.) 1903-1914, October 02, 1911, Image 8

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LACK OF CONFIDENCE
IN WHEAT MARKET
Fluctuations Slow, With Generally a Sagging
Tendency?Prominent Interests Not in Mood
to Giv.- Support
New York, October 1.?The domestic
Wheat markets were sluggish early this
week. At times there seemed to be a
decided scarcity of orders, and espe?
cially on the buying side, and hence
the fluctuations were slow, although
there was in the main a sagging ten?
dency. There was a lack of confidence,
and it was evident that prominent in?
terests were not in a mood to give
support. It seemed clear that the de?
pression and demoralization in financial i
quarters, us Indicated by the sensational
break in stocks, had caused distrust.
Consequently, buyers of wheat for the
rise showed anxiety to unload. This
was especially noticeable in Northwest?
ern markets, which led in the decline,
suggesting that the advance there lato
last week, following the defeat of the
reciprocity proposition, had been over?
done. The advance there had been
greater than Justified, putting prices
too far above a parity with winter
wheit markets, not to mention Euro
pean.
Spring Wheat nnd the .Millers.
It is argued that spring wheat mill?
ers cannot afford to pay the high prices
asked for spring wheat and compete
successfully with winter wheat Hour.
In most sections the crop of winter
wheat was of good quality this season,
and hence choice winter wheat Hour
has been available at a big discount,
as compared with spring, especially
since the defeat Of reciprocity. This
latter has put our spring wheat millers
at a great disadvantage, particularly
on account of the poor grading of. the
new grain, much of It being almost
useless except for making feed, or else
It is so light <n weight in some places
as to make It necossary to use more
then five bushels to make a barrel of
flour, Instead of four and a half bushels,
as customary. Thorefore dealers as?
sert that spring wheat millers will be
compelled to socure far more hard
wheat In the Southwest.
The Foreign Markets.
Prioes for cash wheat In Kansas
have boen conspicuously strong, sb
compared with futures la other parts
of the country. The general downward
drift was partly ascribed to discourag?
ing cables, European markets declining
somewhat sharply, owing partly to the
fairly large world's exports and favor
nble crop advices from practically all
exporting countries. Meanwhile home?
grown wheat In Europe has been freely
offered at lower figures. -This, how?
ever, was partly offset by the compara?
tively light Increase In the world's
available supply, 6,361,000 bushels,
against 12,313.000 bushels a year ago.
Among the bearish foreign Items was
the final official report from Italy,
where the crop Is paced at lS2.0oo.000
bushels, against 15S.360.000 bushels last
year. Possibly the weakness abroad,
especially In Paris and Berlin, was at?
tributable in part to the amicable set
Moment of the Moroccan controversy.
No doubt the depression In Europe was
partly attributable to favorable reports
from Argentina, where the acreage was
officially placed ut 17.030,000. against
16,215.000. the preliminary cstlmete.
und 16,452,000 a year ago.
l.nte Advnneen.
Late in the week there was a firmer
feeling in wheat, and especially toward
I the close, when prices advunced In a
ifomowhat striking fashion. Offerings
suddenly became light, while sellers
for the decline were displaying unx-1
iety to cover, prompted mainly by
stronger cables and reports that wur
had been declared between Italy and
Turkey. There having been too much
unanimity on the bear side, it was nat?
ural that such influences should create
I nervousness among short sellers, ul
I though many conservative merchants
I were in doubt as to whether values
I for our wheat would be enhanced ap?
preciably in case of actuel hostilities.
They contend that much would depend
upon the attitude of other European
powers. Naturally, there Is danger of
other and larger powers becoming In?
volved, which might serve to check or
prevent exports through the Darda?
nelles. However. European markets
Fhowed a rising tendency, while ex?
porters were in receipt of larger or?
ders for Manitoba wheat. There was
no radical change in the domestic sit?
uation, the weather West being sea?
sonable, while receipts were fully
equal to home requ*rements, especially
t.t Minneapolis, whore they were itairly
large, but these embraced moderate
quantities of hard winter. It was re?
ported that there wlU be further im- i
portant shipments from the Southwest
to the Northwest, because of the poor I
quality of much of the new spring
wheat. There has boon an excess of
moisture In the Canadian Northwest,
and further complaints were received
from Winnipeg respeotlng unsatisfac?
tory grading. An interesting and sig?
nificant feature was the purchase of
125,000 bushels of hard wheat .in Kan?
sas City for shipment to California,
with other orders in the market for
fairly large lots.
Irregular Movement In Corn.
The corn markets were dull and nar?
row early in the week. There tVas a
scarcity of Important orders, and con?
sequently the fluctuations were incon?
sequential, although at times there was
a weaker drift, which was ascribed
chiefly to mild weather West and re?
ports that farmers had become more
willing to sell both cash and futures.
Subsequently there was greater stead?
iness, partly in sympathy with the rise
in wheat and partly owing to exces?
sive rainfall In the Central West, where
part of the crop Is backward, although
reliable auUiorltles declare that the
bulk of the'erop is practically out of
danger from frost.
FURTHER SLUMP IN
PRICES OF COTTON
Market Unsettled and Irregular Throughout
Week?Effects of Continued Southern Sell?
ing?Closes With Steady Undertone.
New York, Octoher 1.?The cotton
market have been irregular an un?
settled throughout the week, under
the pressure of heavy Southern selling, i
bear selling and scattered liquidation.'
The lower markets at Liverpool and
the disturbance In the stock market,
with continued favorable weather and
better crop reports and the heavier
movement of the crop from plantations,
have been the governing factors. The
result has been a further slump in
prices in this market, approximating
40 to 50 points for October, December.
January and March, and 30 to 25 points
for the later** 'monrh?. compared with
last Saturday's closing quotations, Oc?
tober sold down to near the basts* of
10 cents, December under 10 1-4 and
January broke through 10.20. The
March option declined to 10.30. There
was a sharp rally on Thursday on:
heavy covering Of shorts an<l the re?
covery in the stock market. But most
of this was lost later in the week.
The market closed last night with a
steady undertone despite tue adverse
influence of the breaking out of war
between Italy and Turkey Prices on
the Liverpool and New Orleans ex
chances lor future deliveries have
fluctuated in a corresponding manner,
and in the further readjustment of
spot cottoi. prices on the Southern
spot markets, quotations there for
middling cotton now average about
10 1-4 cents.
The Market's Position.
?While general sentiment continuesI
bearish on the unsettled conditions
throughout th's country and m liurope,
the situation and outloog is not nearly ?
so discouraging as some <>i tL.- s-;..-.
ulatlve element, who are still talking'
of &-cent cotton, are endeavoring to:
make it appear. The world's spinners
are buying spot cotton freely at pres-i
ent pi Ices, as It Is cheaper by I cents
per pound now. ?,r the equivalent ..t
$2? per bale, than th< average of H 1-4 I
cents, which the last two crop.- brought
in their marketing. Tin cheapness .,f
the staple has put the spinning in?
dustry back again on a prolllubli basis,,
and. with retail stocks in all lines IpW
throughout tne country, and mercti
holding strictly to a consjirvath >!?
Icy In buyln*. prospects are for ma re
activity in the wholesale business and
among manufacturer* tin? fall and
winter. Even now a much bettet ?. ill?
ume of business is being reported than
a year ago. The revision of t!i< tariff
cannot be made until January oi l-vt..
ruary at the earliest, and it could
scarcely be made effective until July,
Consequently the manufacturing
the disturbing tiade Mil: have nine
months of business beton this dis?
turbing condition would make It Self
seriously felt. In the meantime, a
prospective crop of between ir..r,?o.i>"n
and 14.000.000 bales has l.e n largely
discounted by the speculative element
and liquldatirn in forcing the price
down to-10 cents, with no positive MY?
OPEN AN ACCOUNT WITH
The Union Bank
of Richmond
1101 EAST MAIN SI RH ST.
11.00' MAKES A RTAP.T. 3 PER
CENT. INTEREST
surance a? yet that the crop Will be!
over 13.500.Oou bales, against the 15.-1
ooo.OOO estimates to popular twoj
months ago.
The l-'lnal Condition Report.
Next Monday's government crop re- j
port from the Agricultural Bureau'
will be Its last estimate on the con?
dition of the plants for the season. It
win be announced at 12 o'clock op the
Cotton Exchange. On the 'basis of
to-day's rtnal condition report of the
Journal of Commerce, making the per
centage To.S per cent, for the entire
belt, against Its estimate of 72.6 last
month. ana C!>-^ last year, as contrast?
ed with the government's estimates
then of 73.2 and 65.9, respectively, and
the average of other private reports,
this coming teport should make the
condition about 71 per cent. This
would compare with the average of
about C6 1-2 per cent, for the final
condition to September 25 the past
ten years. On the increased acreage
to over 35,000,000 estimated to have
! een planted In the government's pre
llmlnary report, and, after making
the usual allowance for abandonment.
Mich a percentage of condition would
Indicate 0 crop of about 13,25O,0O0.
bales.
Much will depend upon the develop-'
me tit of the top crop, which so far has1
been coming along nicely from tlie J
favorable weather conditions of the;
past month In most parts of the belt. I
The absence of any equinoctial storms '
or other serious disturbances so far
has made the condition of the crop at
present better than was expected at
fortnight ugo. Hut this crop has yet
the whole Of October ahead of It be-I
fore It Is fully developed; and, should I
general killing frost occur through-;
out the cotton belt earl'er than the'
average date of November l for the
last ten years, considerable damage
would result, as cotton will continue to ?
^ivju and develop until the plants are
actually killed by freezing wenther.
Census liureau's (ilulling Iteport. j
Another government report will also!
? In- issued on cotton on Monday. This
' will be from the Census Bureau and
give its estimate of tne total amount
uf the crop ginned to September 25. 'n j
i comparison with previous years. This
! will in- announced on the Cotton Kx-\
. change just before the opening of the)
: miiiket, and will make the estimate
? in running bales. This should show]
an excess of ."...'.nii.Oiio Sale:', against
about 2,300,000 ginned in September 25;
last year and the previous high roc-1
? ?id lor tin- period of about 2.550.000'
bule> In r.o.r. Tills on Its face would
look verj bearish, but it will be noted
: in this connection that a great deal
ot this year's crop wits forced open'
prenutnrelv by the oMrenie heat and I
, itry weather during July and August,
! m?kln? it;.- s. ason also much earlier
in some ol tin States tliun usual.
Moreover, there has been nothing
, like that amount of the crop mar-!
; kotcd to date, liftrmers have beenj
I holding back a goo,| deal otn account Of
J t!< iow price and the abundance of!
Cheap mofoy offend In the South for
j Stich purposes The very favorable
weather conditions throughout August
I and September have enabled planters
I to pick and have the crop ginned
i more ,'apldly thlr, year than for any
j other season on record In the writer's
I long experience. The pressure in the
1 marking <>f the flirt r nelptl Is now
about over, and with the price of
middling cotton ranging from 3' 7-8
'jo ioc. In the interior und the-average
I Of ?hont 10 t- 4c. at the principal sea
? board points, there is more disposition
1 Have you noticed the I
1 growing importance in f
1 daily life of "Day Let- 4 A
vl ters" and "Night Let- ffl
fl ters"? I
I * They were an expedient p
% yesterday. They are j
I a prime necessity today. M
THE WESTERN UNION TELEGRAPH COMPANY 0
being: manifested nmong factors, to
hold back In the hope of securing- bet?
ter prices.
COTTON GOODS REVIEW
New York, October 1.?The cotton
goods markets were generally quieter
during the week. In consequence of the
decline In the staple and the hesitancy
arising from general financial condi?
tions. At the same time the consump?
tive demand for goods Is forcing opera?
tions of a fairly steady character In pri?
mary markets, and mills are being en
oouraged to resume operations in the
prospect of a lower priced staple and
the reassuring hope that goods may be
sold In the near future without loss.
The constant restriction of production
is being reflected in n scarcity in many
lines, and this is inducing some of the
jobbers and manufacturer:" to order
ahead and give millo something on
which to predicate continued opera?
tions.
Brown and bleached domestics are
being bought from hand io mouth.
Wide sheetings are being sold on mem?
orandum, pending a price revision
looked for when the cotton market set?
tles. Staple nrintB are being ordered
In average quantities. The Initial bus?
iness on spring dress ginghams has
been completed by the large houses,
and some very satisfactory bookings
are reported on the best known lines.
Tickings are under order for the next
sixty days, and shirtings, chambrays |
and other colored cottons have been
ordered from several mills for delivery |
well into the new year. Duck Is being]
ordered ahead by the large users In.
about half of ths volume of normal re- j
quircments.
I Retailers are operating steadily. |
NEWS OF PAST WEEK
HAS LITTLE EFFECT
New Orleans. Im., October 1.?Tho
'.cotton market this week promises much
?' activity. On the opening session the
' last condition report of the season by
' the Agricultural Department, and the
second ginning report by the Census
Bureau will be issued. Both of these
reports promise to favor the short side.
War news and the unfolding of the
spot situation ought to keep the mar?
ket nerved up after the reports are
out of the way. The condition reports
I are expected to be bearish, compared |
j with the reports of the past year and
j the ten-year average, but not neces?
sarily so compared with last month.
' The consensus of opinion points to a
I falling off of one and possibly two
points from last month's condition of I
17:1.2 per ?.?cut. of the normal.
The census figures on ginning. It Is
admitted even by the bulls, will be the
largest on record. Conservative opin?
ion seems to range from 3,000.000 to
3,300,000 bales. Weather conditions
have been Ideal for maturing and pick?
ing the cotton. A year ago the glnn'ng
amounted to 2.302,i'll bales. Any llg
iires over 3,300,0'jh ought to give the
bears the advantage. News concerning
i the operations of Italy against Turkey
I will be eagerly read by the market
this week because of the fjar that
European complications will result. The
slightest hint of any such thing will
work against values. It Is expected
that the spot demand now will Improve,
I especially In the English market.
MUCH ACTIVITY IN
MARKET IS PROMISED
New York. October 1.?Notwith?
standing the spasmodic fluctuations of
prices in the securities market last
week, there was little change in con?
ditions immediately affecting values.
The enormous speculation in United
States ste.-l and the rapid decline in
quotations resulted in virtual demoral?
ization of the stock markets during
t'he early part of the week, when the'
the irregular recovery which followed
were due to technical causes rather
than to alteration of speculative senti?
ment. The urgent borrowing demand I
for Important stocks showed that' the
uncovered short interest was reaching
unwieldy proportions, and a demand
for stocks to cover shorts resulted.
Feverish fluctuations accompanied this
movement, and it was apparent that
doubt' and Unsettlement still prevail?
ed.
Neither the Attorney-General's state?
ment regarding the Intentions of the
Department of Justice in connection,
with enforcement of the antitrust law.
nor the denial of the United States
Steel Corporation that It would dis?
solve voluntarily proved effective in
restoring calm.
The sirengthenlng effect' on financial
markets of the reports early last week
Of Anal agreement In the tobacco case
was modified later by the news that
there were differences: still to be ad?
justed.
Declaration of war between Italy
and Turkey gave fresh cause for ap
prehension, although its effect upon
American markets was comparatively
slight; in fact, stocks developed
strength on Saturday, although an?
nouncement of the beginning of war
the previous afternoon was followed
by a depression. Money markets
abroad responded to the new forces of
strain and New York's foreign ex?
change rates carried the reflection of
this pressure on the local money
ma rkcts.
On the side of trade and Industry no
striking changes were, recorded.
IRON AND STEEL REVIEW
1 New York. October 1.?The critical
j state through which the steel indus?
try passed last week left the. trade in
a less unsettled condition with an Im
I provenunt in sentiment and In ton
i nage. The official announcement of
the Steel Corporation checked the Cir?
culation oi harmful rumors anil
? brought out a larger volume of mlscel
i laneous orders from manufacturers for
I early shipment. Specitlcatlons con
; Untied to keep the mills operating at
: an average slightly under 75 per cent,
i of capacity, and the low prices attract?
ed more railroad Inquiries for 1912.
Generally considered, prices of lln
' ished producta were no lower than
during the preceding week, but the
i minimum prices were more widely v re
I valent. At the close, steel sheers
I were tinner at 1.9 cents to 1.95 cents
base Plttsburg and wire products were
'better sustained, but bars were dull
II All Our Advertisements
wore put in a book, a volume of several hundred pages would
he the result, and it would tax one's patience to read it. One
single fact <>r idea, with slight variation, would fill each page.
Bui we want to say to nur readers this morning with all th^
fori ?' and emphasis in our power that the idea which wc are
hammering each day in these advertisements is worthy the
consideration of every man of property in the State of Virginia
?namely, that the Virginia Trust Company makes a better
and safer Executor and Trustee than an individual.
VIRGINIA TRUST CO.
RICHMOND, VA.
Capital One Million
and heavy'at 1-16 ocnts to 1.30 cent*
base Pitttsburg structural shapes and
steel plates sold mainly at 1.80 cento
baue base 1.26 cents being exceptional.
The readjustment In prices of mer?
chant pipe recognise* the declines that
were current for several weeks, The
new list on wrought steel pipe to be
issued Monday, Is expected to show a
drop of 98 to 84 per ton on black, and
82 to 84 on galvanized, but the small?
est sices of galvanized are to be ad?
vanced $5 per ton.
Steel building orders were Increased
in number and tonnage, and the total
fabricated contracts for September
were only 15,000 tone less than in
August.
There wae greater activity In pig
iron, contracts aggregating 85,000 tons,
55,000 tons of which were placed in the
Eastern territory.
MASON WILL CASE
IS SET FOR TRIAL
Circuit Court Docket Is Heavy.
Norfolk Presbytery Recently
in Session.
[Special to The Tlmes-Dlspatch. ]
Onancock, Va.. October 1.?The reg?
ular tenn of the Circuit Court begins
to-morrow, with' a long docket. Among
the cases set for hearing is the contest
of the will of Miss Mary S. Mason, who
died January last, giving her estate
of 840,000 to Marry T. Meats, of Onley.
A few days after the probate of the
will Mears left home secretly, und
after diligent search was found sev?
eral weeks later in Indiana a mental
and physical wreck, lie hts been in a
sanatorium the mose of the time since,
and is understood to be Improving.
Charles A. Starling, keeper of Tan?
gier light, htt3 been promoted and
transferred to Craney Island.
Louis 3. Pennewell has been ap?
pointed carrier of rural route No. 3,
Onancock to Chesoonncssex and Deep
Creek sections.
E. J. Belote exhibited Monday a
stalk of alfalfa twelve and one-half
Inches In height, from seed sown by
him exactly five weeks previous. Many
of the other plants are fully as tall.
Black drum fish in large numbers
are being cast upon the ocean shore
dead, caused evidently by a disease
among them.
The Norfolk Presbytery, In session
at Accom.'ic, elected Rev, S. Nye Hutch
In son, of Ghent, moderator, and W. C. !
Cummins, of Hampton, secretary. Much
routine business was transacted. The ,
session wag spoken of by all as one of 1
the most enjoyable over held, the hos
pltallty of the people thoughtful and
abundant. 1
A two-days' meeting on the Tasley
track will tie held October ?6 nnd 2?. I
Purser aggregating jaoo?three of $150
each day?are offered. KntrleH close
the 17th Instant.
Cecil Fletcher, who is with the on- 1
glneer's department of the Panama
Canal, arrived at the home of his |
father, Thomas E. Fletcher, yester?
day to spend his furlough.
SHOT AND KILLED
Y FIRST COUSIN
Murder on Streets of Lilesville
Follows Dispute Over
Balky Horse.
Lilesville. N. C.. October 1.?Samuel
T. Smith was shot and instantly killed
on the street here this afternoon by
T, J. Flake, his first cousin. The shoot?
ing followed a quarrel between the
cousins over a balky horse driven by
Smith. Flake, who is said to have
been drinking, resisted his cousin's
refusal to let Mm take charge of his
horse. Then, It is alleged. Flake drew
a pistol a,nd fired five times. Smith
fled around the corner of a building,
but two bullets struck him. one pass?
ing through the neck.
DONATION BAY AT
TRINITY COEEEGE
Will Be Celebrated on Tuesday.
Address by Dr. Henry
N. Snyder.
[Special to The Times-Dispatch. 1
Durham. N C, October 1.?Next
Tuesday, the first holiday of the col?
legiate year at Trinity, is the day set
aside by the trustees of the college in
order io give special recognition to
the generosity of those who have made
donaii = ::s t,o" the college during the
year. Besides being a holiday, It Is
the custom for public exercises to be
held In the Craven Memorial Hall, and
an address is delivered by some per?
son of distinction. At these exercises
also a list of all donations to the col?
lege since the last similar occasion is
read. This year the students of the
college and the public' in general will
have, the opportunity > of hearing Dr.
Henry N. Snyder. Dr. Snyder has been
for a number of years president of
Wofford College, Sparta nburg, S. C,
is prominent in educational circles and
a member of the board of education
of the Methodist Episcopal Church,
South. He has been a delegate to
several of the geoieral conferences of
the. denomination, and at the. recent
general conference in Nashville he
took a prominent part in bringing about
a settlement of the dispute between
the trustees of Vanderbllt University
and the church authorities, In regard
to the control of the. university.
The donations to the college during
the past year have been unusually
large, and probably some important
announcements will he made at this
I time concerning the million-dollar ad?
ditional endowment fund, the move?
ment for the raising of which was
launched last year.
Athletics at Trinity College received
a h"g boost last Tuesday night at thp
mass-meeting held at the Craven Me?
morial Hall. The meeting was called
in the interest of athletics and of sev?
eral student organizations of the col?
lege. The meeting was presided over
by Dr. I''. C. Brown, and the opening
speech was one that set forth the part
that athletics should properly play in
college life. J. N. Alken spoke in the
Interest of the Greater Trinity Club.
President Few appetled to the stu?
dents to come out strongly behind all
forms of athletics, to keep the ama?
teur standard up to the highest level,
and always to give lo proper sports
their hearty Indorsement. In a short
speech, S. S. Alderman presented the
cause of the Glee Club, and bespoke
the aid of all for that organization.
F.. G. Cherry Spoke for track athletics,
and Ft. T. Lucas followed on the. same
subject, giving In a general way sug?
gestions for the getting out of the
teams of the several classes. The ten?
nis association was represented by
H. A. Hayes, who stuted that negotia?
tions were on foot for several tourna?
ment* with other colleges, and that
the class tournaments would begin
I next week. C. 'S. Brlnn spoke In behalf
S?umtti?L
Bank of Commerce and Trusts 1
Capital and Surplus, $325,000.00.
Depository for the State of Virginia
Able and willing to meet all legitimate business
requirements.
Whether to extend your business, purchase a
home or borrow money for other purposes, this strong
bank stands ready to help you.
Your account welcomed, whether small or large.
3% Interest Paid on Savings
1865?Near Half a Century of Satisfactory Service?1911
Virginia State Insurance Co.
Keep Richmond's Insurance Money in Richmond.
and
City of Richmond
RICHMOND, VA.
Fire Losses Paid Exceed.
Surplus to Policyholders
Reserves.
$5,000,000
$241,000
$240,000
of the- basketball team, giving a glow?
ing account of the excellent prospects
for the team this season. "We are out
for the Southern championship," an?
nounced E. E Bundy. These words
seemed to express the attitude of the
baseball captain, and he asked the
support of every- man In obtaining; his
end. Bishop J. C. Kllgo, when called,
received his usual ovation, and In his
own eloquent manner paid a tribute
to the college spirit of Trinity, adding
an earnest word for the support of stu?
dent Institutions. One of the most
rousing speeches was that of Professor
Wilson, who said It takes not one or
nine men to make a team, hut the
whole student body, whether it he fifty
or 300. After a few words from Direc?
tor Card to the effect that the gym?
nasium would be opened very soon,
the meeting was closed by the chair?
man with a few words of thankfi to
those present for their Interest and
a ttentlon.
Thursday and Friday nights the
"Tombs," an .honorary secret order of
the Junior and senior classes, held its
annual Initiation of new members.
StaOroa/JB.
taon.,Frederlc]Bli'i[ & MiicM
TO AND FROM WASHINGTON AND BEYOND.
Leavo Richmond
?6.80 a.m. Ii,rd St. Sta.
*6.ii a.m. Hals St. st?.
?6.c0a.h. Bjrd St.Rta.
>tj50 a.?. Mains t.St?.
?8.40 a.m. it) ra Rt. Sta.
?12.01 noonBjrd St. 8u.
it.00 p.m. b?r4 St. Uta.
1.15 p.m. Elbs Station.
S.16p.h. Bain Si. Ma.
?8.20 p.m. BrraSt. Sta
Arrive Hlalimond
?7.60 A A. BirdM.St*.
I l.i? A.M. ilba Station.
?11.36 A.H. Bird st.sm.
?1.1? p.m. Main si. sta.
?2.46 p.s. BjrdSt.SU.
?7.26 p.m. Bird St. Hta.
?0.10 p.m. BrrcSt.St*.
?9.40 p.m. Main St. Sta,
'11.06 p.m. Main st. Sit.
II e.&UnlgbtBfrdSt.Sta.
ACCOMMODATION TRAINS?WEEKDAYS.
Leare Btrd St. sta. i.iop.n. for Frederlekibarr.
I.esre Kit,a Sta. 7.60 A. m..o..-.0 p. M. fer Asulaoa.
ArrlreBjrd St. Ste.fi.26 A.M. from Frrderlelmtrg.
Arrtre Elb? fit?. ?.80 A.M.,6.80 F.M.frem Aahland.
?Daily. tWeekdays. jSondaye only. i
All trains to or from Byrd Street Station I
(except trains leaving 5.30 a. m. and arriving,.
ia.50 night) atop at Elba. Tita? of arrival! and
depa-tures not guaranteed. Read the algal.
SOUTHERN RAILWAY
TRAINS LEAVE RICHMOND.
N. B.?Following schedule figures published
aa infarraaiton and not guaranteed1
4:10 A. M.?Ij.iiiy?Local for Charlotte. Dur?
ham and Radish. 10:11 A. M.-Dslly-LlmK
kd?For all polnta South Drawing Room
Huffel Sipping Car 10 Asheville. N. C. l.X
P. M. Ex. Su11.-l.ccn for Durham and In?
termediate stations. 4:00 P, M. Ex. Sun.?
Keysville Local. U:4S P. M.?Daily?Ltmliad
', ?for all points South, Pullman ready at i.it
P. U.
TORK RIVER link.
4:10 p. At.?Ex. Sun.?T? Weal PC, connect
tag for Baltimore A4on., Wed. asd FrL 4:M
A. M.'Ex. Sun. and 1:11 V M.?Alon.. Wed.
and Frl.?Local to Weal Point
TRAINS ARRIVE RICHMOND.
! From the 3outb: 4:M A. m , i (rt p. At.,
dally; 4:40 A. At. Ex. Sun.; 12.64 Ex. Run.)
11:00 P. u. dally. From Weat Polot: t:M a.
1 A4 Dt.'.y, V--.3S A. M. Wed. and Frl.; ?:? p. .
! At. !\X. Hull- I
b. Hl B'JROESS. D. p. a..
tie ? Ataln St Thon? Waillsan *SA
Chesapeake & Ohio Railway
' 7:40 A.?Local ? Dally?Newport Newa
tS:30 A.?Local.?Dally ? Ch'vllle. Ex. Boa. j
Thurmond.
t9:00 A.?Express?Dally?Norfolk. Old Point.
tlO:00 A.?Local?Dally?L-tabg, Lex. C. Forge.
?2:0u P.?Expreaa? Dally*?On.-L1 villa.
14:00 P.?Expreaa?Dally?Norfolk. N. Newa
6:00 P?Local?Daily?N'. News. Old Point.
6:15 P.?Local?Mx. Sunday?Gordonsvllle.
?S-.1S P.?Local?Ex. Sunday?Lcfc.bg. Natural
Bridge, Cilfton Forge.
?6:35 P.?Limited?Dally?Cincinnati. Chicago.
?11:00 P.?Expreaa?Dally?Cincinnati. L'vllle.
?Sleepers.- tParlor cara.
TRAINS ARRIVE RICHMOND?Local from
East: 1:25 A. M , T:?0 P. M. Through from
East: 11:30 A. AI., ?:S0 P. iL.
Local from Weat: "$:30 A. M . 9:60 A. M.
and 7:15 P. M. Through: 7:00 A. M , 3:45
P. M.
James River Line: "4:20 A. M.. 6:15 P. M.
??Dally except Suncay.
Richmond & Petersburg Electric Railway'
Cara leave Manchester, bevonib and Perrjt
? ueets, for Petersburg:
??, 7. ?, 10, U, >U A 11. U 't U
?5:ti. ??. 7, 5, ??, 10 P. M.
11:00 P. M. for cheater. 12:00 midnight (or
Petersburg.
Cars leave Petersburg, foot et Sycamore |
Slieel, tor M.inchertur:
10:15, 6:1>, "7:16, ?1:36, ?:A5, 9:35, ?10:35, 11:?
A. M . 12:35, ?1.36. 2:14, 1:15, '1:3. 6:26, 6:SS,
?7:35, c:3S. D-.-A. ?10:40, 11:40 P. M.
tDally except Sunday and holiday*
?Carries ... .-.tage and expreos.
??Limited, except Sundays and holidays,
All cara from Peters >urg connect with
care 'or Kichmond.
NORFOLK SOUTHERN
L?. Noiioia. 'h:ti> and ?11 A. A4.. ?J P. At.,
for Eaaiern CSA?iiu? and to* SouUk.
l,v. Kalelgb: "6:16 A. M . i> and ??.Li P. A4.,
tor Eastern Carolina and Nsrfolli
Pullman Sleeping Cars between Norfolk,
Raleigh; also Ooldsboro and Norfolk.
?Dally ...v Ex. Sun.
C. D. L&8RANDB. (J A., American Nations,
Bank. 'Phone Monroe 1631. Richmond.
W. w. CROXTON. ?. j>. a? JJorfolk. V?.
MKABOATUJ AIR LANK.
Southbound trains acheduled to leave Rich.
I mond dally: ?:10 A. M.?Local to Norlina.
1.? P. 51.?Sleepers end 'coaches, Atlanta,
tiirmlngham. Savannah, Jacksonville sod
Florida points. 0:60 P. M.?Sleepers and
coaches, havannab. Jacksonville and Florida
points. 11:13 P. M.?Sleepers and coaches, At?
lanta, Birmingham, Memphis and the South?
west. Northbound trains acheduled to arrive
In Richmond dally: 6:12 A. M.. 7:21 A. M..
i ". M.. 5M0 P. A4.
RICHMONTJ AKtt rTTEtSAl'EAKB BAI
RAILWAY COMPAKX.
Sehedu:? of electric trains to and from
Ashland stopping at Intermediate stations
upon al'sna': tut. Richmond (IVoad and
Laurel Sta.). '6:06. ?7:10. ?:10b. ?So, "1?:10.
M IO A. Tat.: 1:10. *:I0, 1:10. 4:10b, 1:10. 4:34,
7-io 1:10b. 10:10, 11:46 P. M. Lv. Ashland.
?6*5. Tb, ?, ?b, 10. ??U A. M.. ?U M.. ?^
1, 1, 4, ib, *? 7. s, lb. 11 P. M.
?Dally except, Sunday. "Sunday only.
tcarrlcs bagsaga.
High
Standards
This bank ha.i always main?
tained a high standard of Ideals,
and for this reason has been for
forty-six years a largo and Im?
portant factor In rhn financial
and commercial affairs of Rich?
mond.
It has the confidence of busi?
ness men and individuals who
recognize the value of high
standards In business.
First National Bank
RICHMOND, VA.
Capital and Surplus $2,000,000
1104 E. Main St.
We pay three per cent, com?
pound interest on all savings ac?
counts.
Manchester National Bank
National Bank of Virginia
Capital, - $1,200,000
Surplus, - $ 600,000
Accounts solicited
Ninth and Main Street*
St^rt a savingis account with us.
We pay 3 Per Cent. Compound
Interest.
Commonwealth Bank
?vauroaDS.
Norfolk and Western Railway
ONLY ALL KAIL LINE TO NORFOLK
Schedule in Effect October 191!.
Leave Byrd Street Station, Richmond.
FOR NORFOLK: '9.00 A. M., *3:0O P. St.,
?1:10 P. M.
FOR LYNtCHBURG AND THE WEST:
??:1S A. M? '10:00 A. M., ?1:00 P. M.
P. M.
Arrive Richmond from Norfolk: ?11:10 A.
M., M:35 P. it., Ml:30 P. M. From the West:
?6:55 A. M., a?:0O P. >!.. bl:4? P. M., ?:0G I?.
M.. ??:? P. M.
?Daily. al>ally ex. Sunday, bbunday only.
Pullman Parlor anil Sleeping ('art. Cate
Dining Cars. C. H. BOSLEY,
D. P. A.. Rielimond. Va.
W. B. BEVLLL, G. P. A., P.oanoke. Va.
anteambpatfL
OLD DOMINION LINE
l?V.iKtCbJiulid loot ol Aau HL d.u,>.. .->.? ?. U.
Leave ."v?jwport News.6:M A_ M.
Airlve Norfolk.4;Oil A. St.
Connects with main Una stoamera leaving
Norfolk for New York dally except Sunday
7:00 P. M Connections also made by N. j?
W. Ry. S P. M. and C. A O. Ry. at ? p. M.
Mttit Lino sieomera atop at Clarumont ?
land or receive passengers on signal, au4
will be met by public conveyance.
Ultlil-MA N.VVlUAlloN CO.?Juimea River
bj daylight for Norfolk, Old Point, Nan
pr.rt and all Jainea River landings.
S-.anwr leaves Monday, Wednesday ansi
Friday st C:30 V M. Freight received lor all
James River landings. 'Phans Madlsou'Ks.
Main Ticket Office, HI ?- ?l?.'a ?iraet.
GOING ABROAD
See Mil. UOWMA.X before innltlug
Reservatione
or purchasing tickets elsewhere. Ho
will save you time and money. Tours
to Bermuda, Sl'J.?O and up. Cruise to
Bermuda, St. Thomas, Porto Rico, Pan?
ama Canal, Jamaica, Cuba and South
America. $125 and up. Grand cruise
to the Mediterranean, the Orient and
Around the World, J325 and up. Call
for beautifully illustrated booklet
"ASK MR. BOWMAN,"
Southern Tourist Agent,
708 JE. Main St., Richmond, Va.
Baltimore Steam Packet Co
Equipped with wireless telegraphy.
TO BALTIMORE AND. THE NORTH VIA
' NORFOLK AND OLD POINT.
Leave Richmond Dally, Including Sunday, via,
N. * W. Ry. 3.? P. Norfolk 6:20 P. M.
C. & O. Ry. 4:00 P. M , Old Point 7:?0 P. M.
O. D. 8. 8. Ca. 7:00 P. M. (ona day In Nor.
folk).
Va. Nav. Co. 6:1.0 A. M. (Monday, Wednes?
day and Friday).
'flehet? at all offices. For staterooms ap?
ply to H. M. BOYKIN, Agont, ?30 Bast Mala
litreet

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