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The times dispatch. [volume] (Richmond, Va.) 1903-1914, October 28, 1911, Image 8

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New York
Stock Market
New York. October -7.?United States
Steel common fell i, 1-2 points to 60
?ju the stock Exchange to-day. That
movement was the most striking ef?
fect upon the securities market of the
government's dlsstflutlon suit against
the United States steel Corporation.
Owners oi Cnite.I States Sie-1 securl
tieb in all parts of the country and
in foreign lands, amazed at the suit,
threw their holdings upon the market,
anal trading in those securities ran to
enormous proportions During the day
SSO.tltK' shares of United States Steel
wen- sold The general list developed
pronounced weakness because of this
movement. The only demorallaaton,
however, was in the market for steel
itself.
Violent as w.erc the fluctuations, the
effect ot the suit upon the market un?
doubtedly "as lessened greatly by the
Wholesale liquidation of steel stocks,
which eulmln ited in the upheaval of
last month. The drop In the price "f
steel, however, was greater than on
any other day of the previous decline,
and its low price of 60 to-day was
1 6-S below the bottom of the Sep?
tember drop. Following last month's
descent, the price climbed to 6- 5-8.
an<i to-day's low figure represonteal a
lo.-s of ten points from yesterday's
high.
Dondcn prices gave notice before the
market opened here of what was to
be expected. Speculation abroad had
been Influenced by heavy sa-iling orders
placed there aavernight by New York.
The rush to sell was so great that the
market was thrown Into confusion, and
sales at prices ranging ill the way
from 56 to 53 l-s were made at the
same tlm<'. The opening was a block
of US.flip" at these figures. Trices of all
the standard issues gave way. Before
the end <'f the first hour tho decline
was checked by strong support, but
the market soon became weak aga-ln.
and prices fell lower than before.
Throughout the morning prices rose
and fell In a feverish manner. Shortly
after noon United States Steel touched
50. the low,est price recorded since
19P9.
Declines elsewhere among the active ,
Issues ranged from 2 to 5 points. Do
termtned efforts were made to prevent
United States Steel from breaking
through 60. These were successful, and
In the early afternoon the market rose
slowly. The trading became much
quieter, and by the close substantial
recoveries had been made.
United States Steel ended the day
at 62 1-S. a net loss of 6 3-S. The
preferred stock closed at 103 3-4. a net
loss of 5 points. The 5 per cent, sink?
ing fund bonds closed at 100 3-4, a
loss of 1 1-2, after having solrj at
100 1-2.
In spite of to-day's events in the'
stock market, it is doubtful whether
the government's action has greatly
increase^ the unrest prevalent in Wall
Street for some time. It has been ex?
pected that the suit would he brought
sooner or later, and the feeling most
generally expressed to-day was one of
relief that the uncertainty on this
score was ended. The government's
statement in Its petition that the Steel
Corporation's ability to earn dividends
was a result of "a fictitious basis rest?
ing on unlawful competition." perhaps
served to accentuate alarm on the purt
of security-holders In general. Wall
Street gave Its undivided attention to
alay to the affairs of the Steel Cor?
poration
Extreme weakness was manifested
by manv of the speculative bonds.
Blocks of from tlOO.OuO to i?OO.OOO
Of American Tobacco fouls wore sold,
driving them down 11-8 to 1S9 1-4.
?with a rally to 90. The sixes were
weakened to about the same extent,
and remained h<-n\ry. Total sales, par
value. 85,370,000. United States bonds
were unchanged on call.
Total sales of stocks to-day were
1,353,800 shares.
New York. October "7. ? Money on
call steady. 2 1-4(5)2 1-2 per cent.; rul?
ing rate. ?< ;!-S: closing bid, 2 1-4: aif
(ered at '.' :>-S per cent. Time loans
steaal> , sixty days. .'! l-4<"n3 1-2 per
cent.; ninety days. :; 1-2<?3 3-4; six
months. :; 3-42H per cent. Prlmo mer?
cantile paper 4 !-2iil :i-4. Sterling ex
ehange Btoady, with actual business In
bankers' bills at $4.S37f. for sixty-days,
and at 84.S7eg)84.8705 for demand. Com?
mercial bills, ?4.s250. Bar sliver. 50.
Mexican dollars, 48.
BOND LIST
Allis-Chalmers 6?. Wr |
American Tohaeco Company 4a. 91t?
American Tobacco Company Cs.Ill
A.- C. U-l?. anal N. col. tr. 4a. 93
A. C. L. conv. 4? (In Baltimore). 109
Norfolk und Weitern conv. 4s. lOt'.i
Chesapeake and Ohio conv. 4>^?. !?:.?>?
Southern. Railway Company la. 7s*i
Va.-Brown Units.'
Wabash deb. ts*. ..??*...". &31?
Panama! new r-s.-..H"-'-.
_I
COTTON MARKETS.
New York. Oi-tober ZJ.?Prospects (or rain
or inow and freezing temperatures in the
W< ?tan; belt, rains in the Eastern and
Central belts and a feasibility that thu
tropical atoitii would reach the Southern
couat did not prevent neither aggressive
?ailing in tue local lotton market at times
to-day, but offering* ?rasro very well ab?
le rind, and while fluctuations were mure
a>r less Irregular, the close was very steady
ni a ntt advance o! 6 ?11 points on cover
Ing of ihoita and buying Inr a reactiou. j
Week-and figures provod less bearish, than:
expected, as the ir.to-slght ran consldei-i
ably under earl) estlni&ica, and splnneia'
takings wtro heavier with a relatively
small tncreuso. 1:: the world's visible sup?
ply, Private cables from Bombay say tho
Indian uop la generally estimated at 3,1'/',
O0 baica of 4*0 pounds ugtalnst 4.65.;i>? last 1
yeSr.
itceeipta to-day 'A.r.i bales asali.st 74.i.'J '
las: week and 61,457 last year. To-do v'b
receipts ul New Orleans 14.0-v; balsa agallist '
4.SS7 last ycur. and at Houston ii t," bales
cgainst 14.414 .1?: year.
Cotton futurea closed very steadyi
Open. High Ljw. close.
S?W .*W m: s.?i mo
February . fvM *.v> ?u
March . .At, ? j5 ,, ?s i
April .,.
?ia> .?.* jus ?.? ;.:?!
.lune .3,4/,
July .
August
September
October
November
Da-.cember
??-*
.si* 9.10 !u?
.M? ??? ?4M MC
.??? ? 81 i. yt 9.39'
Spot cotton closed dull, 10 points hither
middling uplands. (.50; rr.:dd :nc gu" '?'L
?ales 4O0 bales. .
Cotton, dull; middling, S.M. net receipts.
Kj bai-s; gros-, 8,770 bales; ??>?, 400 bales;
stock, 7J.WV bales: export tu Franc?, 8,028
bales; to the Continent, 4? bales; .Coast
vise. 7(3 bale*.
Total to-day at all ports?Ne; recalpts
S4,t7$ bales, export tc. Or?at l,ri:aio -J.'..',
bales; to France, 14.?: bales; to the Conti?
nent. 18.091 bales; to Japa/i. (,44g bal?t
?lock. EEJ.&94 baits
Consolidated at m% ports?Net receipt*
4W7.93S balea. export to Great Britain
balea; to France, 84,000 balea. to th* 1
rent, 1SS.HE bales; to Js.pa-a, 17,09s bs. ;e?
Total since September I at ?1! ports?Net
receipt*. 3.036 624 ha.es; export te Ores!
Britain, 9X.SH bales, to Krai.ce. _\
hairs; to .th* Continent. t?*,4f<9 balsa; "to
Japan. 29.893 balea; to Mexico. Vft hh.tr
New Orleans, October tf.?Cotton future*
epened ?taad;.; with an advc.-.ce nf 141
points on good cable* and *:?-.-.?. c; eo'ri-'
weathtr for the. cotton belt Th* close was
iteady at a n?t sdvsnce of \Cffl\ points
OPEN AN ACCOUNT WITH
The Union Bank
of Richmond
1107 BAST MAIN STRF IT.
11.00 MAKES A START. * PER
CENT. INTEREST
Official Range and Sale of Stocks in New York
Sales. Stook.
3,?0
ICO
100
12.900
2.200
3.300
3.600
2.900
000
$00
200
63.900
t'JO
17.725
1.100
l.NJI
?:.<'??'
M00
4.600
7.50")
18,400
110
1.140
GOO
1,600
no
200
soo
12.100
1.905
1,800
?.800
2.150
2"0
8%
10
62
49
177
?%
86%
47%
42%
$%
32%
407?
63%
Allls-Chalmers .
Allla-Chalmers. pfd.
Amalgamated Copper ...
Amer. Agrl. Chun., com.
Amor. Beet ?ugar. com..
American Can .
American Can, pfd.
Amer. Car and Foundry.
Amoi-. Car and Foun. pfd
American Cotton Oil.
Amorican Linseed Oil...
American Locomotive ...
Amer. Malt Co.. pfd.
Amcr'can Smelting .
American Sugar .
Amer. Tel. arid Tel. Co... 134%
American Tobaoto, oout. 400
American Tobacco, pfd.. 86
Anaconda Copper . 33%
Atchlson .?. 1WT?
Atlantic Coast Lino.125%
Baltimore and Ohio. 96%
Brooklyn Rapid Transit. Ti%
Central Leather, com. H14
Canadian Pacific . 230
Chesapeake and Ohio- Tl
Chicago Great Western. 18
Chi., Mil. and St. Paul... 107%
Crucible Steel Cor., com. 3t?%
Crucible Steel, pfd. 70%
Chlcaco and Northwest. 142%
Colorado Fuel and Iron. ...
Colorado and Southern.. 48%
Consolidated Gas . 135%
Deluware and Hudson... 163
Pen. end Rio Gran., com. 23
Den. ond Rio Gran., pfd. 47%
Distillers' See. Cor. 30%
Erie . 30
Erie. 1st pfd. 49%
General Electric . 14*%
Great Northern, pfd. 122%
Great Northern Ore ctfs 41%
Illinois Central . 137%
By THOMAS BRANCH &
Open. High. Low. Bid. Asked.
Closing
2% 3% 2% 29?
10 10 10 10%
60% 51 61H
CO., Bankers and Brokers.
Bales. Stock.
Open. High. Low.
02%
48
67%
9%
**">%
47%
44
9%
33
40 !?
64%
134%
403
95
34
106%
126%
96%
74
1?%
281%
107?;
10%
"5%
143
*4S%
136%
163
23
47%
30%
30%
60%
148%
123
41%
US
49
?6
9%
83%
46
42%
8%
32%
40
60%
133%
388
94
S3
104
124
96%
73%
19%
?30
70%
106%
142%
'47
135%
162??
23
47
29%
29%
41
137%
48
56% 569?
9% 9%
S.3% S3%
4:.% 46%
113% 115
43% 44%
8% 8%
32 32%
116% 116
134 134%
390 392
94% 96
U<5
124
33%
106%
124%
96% 66%
73% 74
19% 20
231% 231%
71
71V,
106% 106%
9% 5%
74 74%
143 143%
25% 26%
136% 136%
162 163
22% 23%
47% 47H>
147% 147?,
122% 122%
41% 41%
6,100 Interboro-Mot. 14% 14%
000 Intorljoro-Met., pfd. 43% 43%
300 Int. Mor. Marine, com... 3% 3%
International Paper .
100 Int. Paper, pfd. 46 46
100 Kan. City South., com.
26,000 Lehlgh Volley . 163% 164%
700 Loulevlllo and Nashville 145% 147
160 Manhattan .186 135
1,600 Mo., Kan. and Texas.... 31 31
11,800 Missouri Pacific . 40 40%
National Leod . 44% 44%
2.060 New York Central.104% 104%
300 N. Y., Ont. and Western ?8% 38%
6.300 Norfolk and Western... 107 107%
4.900 Northern Pacific . 116% 115%
Pacific Mall .
6,400 Pennsylvania . 121% 122
i'?0 People's Gas . 107 i07%
360 Pressed. Steol Car. 28% 28%
100 Pressed Stejl Car, pfd.. 96% 95%
100 Rv. StoiM Spring, com... 26 26
136,800 Riadlnft . 139%
3,000 Republic Iran and 8teel 18% .18%
4,660 Republic I. and 8.. pfd-- 76% 16%
2.750 Rock Island . 24% 24%
3,600 Rock Island, pfd. 47% 48
Sloss-Sheffleid . ??? ? ? ?
10.900 Southern Pacific .1*?^ 108%
7.200 Southern Railway . 28% 28%
1.400 Southorn R illway, pfd. 69% 69%
Standard Oil . ???
2.900 Tennessee Copper . 3? 35
200 Texas Pacltlc . ? J*
149.000 Union Pacific . bn*? lsl"
5.000 United States Rubber... 42% 42%
690.200 United States Steel. 64 56
20,195 United States Steel, pfd 104% 10T>
3,?K> Va.-Car. Chemical . 45% 46%
200 Va.-Car. Chemical, pfd.. 116 116^
350 Wabaah . 12^i
VX> Wabash. pfd. 24 24
1,900 Western Union . 77% ..%
Total sales for day, 1.357,300 shai
18%
48%
3%
'46
162
146%
136
39%
39
42%
103%
38%
106%
114%
121%
1?>%
28%
?%
SS
137%
18
74%
24
46%
107%
2S
68%
34
24
158%
41%
50
103
45%
116
12%
24
76%
Bid. Asked.
Closing.
14 14%
3% 4
9% K
28
1631
24'?
47%
37
107%
The weather map was cloudy, with aome
rain . lr. tho eastern half and moderate
temperature* nearly everywhere, but snow
v.l.. reported at Anmrillo. Tex., und the
forecast promised much colder weacher.
wild snow and freezing In the northern
actions of tho wcatern half of the cottoo
region, Fpot cotton steady and unchins
erl: middling. 9%c. -, sales on the spot 250
bales and 1.935 to arrive. Market closed
steady. Ootobar, 9.44; November. 9.18; De?
cember, 9.25: January. *M: May. 9.33;
March, 9.40; July, 9.66.
LOCAL MARKET QUOTATIONS.
(Furnished by Levy Commission Co., Com?
mission Merchants. Richmond, Va.
Richmond, Vs., October 27, 1911.
ACTUAL WHOLESALE QUOTATIONS OF
MARKET.
LIVE POULTRY.
Chickens, choice, small, lb... It 4} 14
Chickens, choice, medium, If. $ U
Chickens, large, lb. Q 13
Hens, per lb. <ff 11
Roosters, each. <8> 30
Ducks, large, young, lb. 12 Uf 14
Ducks, small, young, lb. 11 (Jf 12
Turkeys, large. It ft 17
EGGS?Crated.
In crates, nearby, fresh, doz. ? 36
In crates, other sections, doz. 34 (fr
Guinea eggs, doz. ep 14
BUTTER
Family, choice, fresh, lb. 30 g 22
Merchants', fair, per lb. (ft it
LIVE STOCK.
Veals, choleo to fancy, lb? 7%?
Veals, poor to fair, lb. 7 4F
Calves, runners, lb. &%(&' 6%
Sheep, lb. 3 49 4
Lambs, spring, lb. 6 6- 6
cattle, fair to prime, lb. 3 3, 5%
Hobs, lb. 6Y4& 7
COUNTRY-CURED BACON.
Hams, well amoUed, small, lb 21 <Q, a
llama, well smoked, large, lb. :s g yo
Sides, well smoked, lb. ? IE
Shoulders, well smoked, ib.... g. 15
DB ER.
Whole, lb. Ii { It
BIDES.
Dry flint, lb. <3 II
Dry bait, lb. 0J 1?
Green, aalt, lb. & 11%
Green, lb. ?T 10%
Green, damaged, lb. 4 ,j 7
Tallow . & 6
Beeswax . & 28
WOOL.
Urlght. No. 2. tuhwashed, lb.. 23
Ob., unwashed, Iree of burrs,. 49 Jo
Oh., unwashed, .Ightly burry. & 31
C.h., unwashed, medium burry Q, Is
(Jh.. unwashed, heavy burry.. il> 13
MISCELLANEOUS.
Onions, dry, bbl. ..W ? J.2S
Potatoes, Irish, No. 1. bag
(2% bu.). 2 25 <u 2.60
Applet, bbl. 2.00 & 2.60
MARKET CONDITIONS. ? Receipt of
chickens and hens very heavy, and mar?
ket easier and unsettled. Egg* remain
ttrni. Vcuia continue scarce and lu heavy
demand.
NEW YORK PRODUCE MARKET.
New York. October 27.?Flour?Quiet and
nominally lower with wheat. Rye Flour?
Steady. Cornmeal?Firm. Rye? Quiet. Bar?
ley?Steady. Wheat?Weak; No. 2 red.
Wie, elevator, export basis, and 21.00% f.
0 b. afloat. Options closed 3%?'J%c net
lower. Decombcr, 21.CC 3-16c.; May. 51.OS 6-16c.
Corn?Weak; export, No. 2, 50c. nominal, f.
0, b. afloat. Options nominal. Oats?Mar?
ket easy; standard white, 62%c., In eleva?
tor; No. 2, 53c. Options nomlna.
Fork and Beef?Steady. Rosin ana Tur
pentiae?Steady. Molastea?Steady. Wool?
CJuiet. Hlce?Finn. Tallow?Quiet. Laid?
Eaiy, Sugar?Haw, nominal: relined, steady.
Coffee?Futures closed steady, net 1 point
higher to 7 points lower. Spot unsettled;
Rio, No. 7. K.% "a li%c.; santos. jfo. 4, !6%i .;
mild, steady; Cordova. 17 *i' lf>c. nominal.
Hutier and Cheese?Firm, Ess*?Firmer.
Potatoes?Firmer; Maine, bag, I2.i502.35;
State, per ISO pounds. $2.2602.60; Long
Island, barrel, 22.7649S.00; Jersey, barrel. J3
12,60; >ouihern sweets, barrel, 2J.606 2.00.
Cabbages?Steady and unchanged. Freights
and Peanuts?Unchanged.
Cottonseed oil was lower for October, |
which sold 21 points off from the Thurs?
day's close under liquidation and laojt of !
dimaud for real oil. other months declln- '
e,l early In sympathy with lard, but show?
ed a tendency on unfavorable weather
South. Spot closed Mi points lower, Octo- I
ber 42 lower and futures 33t points off. '
October, 5.84496.09; December-January. 5.52<S \
.'? 53; February, 6.&<5 6.59; prims crude, 4.42.*f I
144; prime summer yellow, l.Th%6.60; prime 1
winter yellow, 6.00 btd; prime summer
white, t.io bid.
CHICAGO GRAIN MARKETS.
I I : ago. 111.. October 37.?Almost panic 1
conditions took a clutch to-day on the
market for wheat Demoralized stock deal
Infi had the most to do with the scare,
but there was nito talk that the govern- I
ment would Investigation the alleged mani?
pulation of grntjn. Closing prices were
weak ot a decline of l??c. 10 2%ig:%c. com?
pared with twenty-four hours 'before
Other staple* fell, too. but not nearly so
much a* wheat?corn % .1 %c ; oats, %}f%c..
and hog product*. Cc. to 15i317%c. j
Leading futures ranged as follow*:
Open. Hieb. Low. Close.
WHEAT?
1 !>ec.1 00% LOOM fWi 92%
May . I 06% 1 <.-,?, 1.03% i.oja?
July . v.\ ?(-i, <<;i
CORN? I
Dec. 63% ?2% 63% 63%
May . t'.:.% 65% 05% 65%
July . 63% 65% 65% ko?,
OATS?
I Dec. 47% 471^ 47 47
I May . 49% 49% 4*14 49U
Ju'y . 46% 46% |?>, 44514
MESS PORK-Per bbl.
Jan.16.70 16.72 14.?C" u
May .16.85 16.E7 16.7C. ic.7<
LARD?Per 100 lb*.
Oct.S.SO 8 80 f.7t J.73
Jan.?.9C S.M J.90
May . 9.16 It. 16 9.01 s?x
H< IRT RIBS?Per lOO lbs.
I Oct.8,00 ?.<v) 7.K 7.0:
J?n.8.12 t ;: t? $,os
May .MS 8.18 s:o 9.22
Receipts?Wheat. 107.C<0 bushel*. <orn. 220,
OW bushels; f,at?. 234,000 butheli , .-shipment's
?Wheat, Ur.WiO bufh?isj com, 34,01)0 bush?
els: oats. U?.'?i bushel*.
C?*!i grain closed: Wheat?No 3 red, 97%
8240,; No. 2 red. Kr'atl. No. ; hard, %i.0i
421.?; No 3 hard. 11491.04; No. I northern.
15.11 b 1.14; NO. 2 northern, II.6t61.13; No. 3
northern, il.ftT31.10; No. ; spring, 2(.4M49
110; No. 3 aprin?. 11.03491.0?; No. 4 fprlng.
?C.3I1.0C, velvet chaff. Mc.3 81.01; durum
16?.491146 Corn?No. 2, :!?;73%.- ; s?. Z
yellow. 74%a"4%0.; No. 2. 72'?<74c' .\0
white, 74% 4974?.; No 3 yellow, 7IH74%t
No 4. 72%t>7214c; No. 4 ahlte. 731r74r ? No.
4 white ,r.?w, tl*c j No 4 ye'.'.ow. T2\1i;H\c ?
;.o 4 yellow, new, fi5;rs.v Oats?No
white, 47%'3 4\c ; No ?. 4t-?c.. No. J white
I 4T>,c: No. 4. 4:.c; No. 4 white. I.V, ft
I 47c.; standard. 47<i'n4Sc.
j Baltimore. Md.. October 27.?Wheat?Ea>
llcr; spot, contract. 97c. Corn?Easier; spot,
I contract. 75c. Oa.tB?Easy: No. 2 white,
151'4c. asked. Rye?Fair; So. 2 western, do
I mestlc, $1.06.
RICHMOND GRAIN MARKET.
Richmond, V?., October 27, 1911.
WHOLESALE QUOTATIONS ON 'CHANGE.
WHEAT?Car lots.
Nq. I red, Western. 3$ 1.0S
No. 3 red Virginia. 8 1-05
No. 3 red. 0 1.04
Virginia, bag lots. SO 9 1.04
Virginia, bag lots (for seed) 1.00 9 1.05
20RN?Car lota.
No. 3 white. 3 S3
No. I white. <S i:\<,
No. 3 mixed. IB*'*
No. 3 mixed. 81 <3
Virginia, bag lets. n <9 S4
?JAT8-Car lots.
No. 3 mixed. 51Vt?
No. 3 mixed., Bt g
No. 3 white. ?I'A'o
No. 3 white. BlViO
Winter seed, bag lots. I it ( 68
It YE?Car lots.
No. 2. 1.06
No. 3. (ff 1.03
Virginia, bag lots. 1.00 ? 1.04
RICHMOND HAY MARKET.
Richmond, Vu? October 27. 1911.
The quotations arc as follows.
I No. I Timothy. ? 23 St
No. 2 TltS?tiiy. <* 22.50
I No. 3 Timothy. 15.05 ?
i Light Clover, mixed. '0 21-50
No. 1 Clover, mixed. 9 21.50
No. 1 Clover. 9 20.00
No. 2 Clover, mixed. 11.00 '3 19.00 j
No. 2 Clover. 17.10 Q
I BT RAW?Compressed . Id 00 '(| 10.50 |
boose-pressed, large bales.. 10.09 O 1100 |
6II UCKS--Compressed . Nominal
Compressed, large bales. Nominal |
Load your cars so that hay at doors rep- I
resents contents and thua avoid rejections: '
This market grades hay in accordance \
with the rules of the National Hay Associa- !
lion.
CATTLE MARKETS.
RICHMOND LIVE STOCK MARKET.
Richmond, Va.. October 27. 1911.
Report of the live stock market for the
I week ?ndlni; October 23:
Receipts?Cattle. 5S0 head: calves. (S head;
[sheep. 612 head: hogs, 4,260 head.
Best steers. 6 -f C'-.V- : one extra load hlge
er; medium to good. 5&5'<.c.; common to
fair, 4'I"3 4*ic.; best halfcrs, ?u?'ic; tiic
doum to so?d* j l\c.. common to fair.
t?.">?.?.; best cows. 3H<V4c.; extra, a little
higher; medium to good. 3 g 3'<.c.; common
to fair. :b:Hc; best oxen, 4>?<3Gc.; com?
mon. 2fftJdtV4c-1 bulls. J'.jljtc.; extra calves,
, 7'<i 7V?e.; fair to medium. 6<s*!*e.. Cows
and calves. !23(iG<'.0u per head; best heavy
hogs, 7c.; good, 15U to 200 pounds hofs. 6>-.-s>
17c.; light hogs. 5U4i 6'?c.; sooi and stags.
? 6?i6o.: best sheep. Tifjr.iic.; common to lair.
. I jJUK; best lambs. 67IG'.ic.: common to
: fair, it, 4>,4c.
Chicago, III., Ortober 37.?rattle-Receipts
' 2.000 head. Market slow und steady. Beeves.
I I4.031JS.75: Texas steers. $4*6.60; westt rn
steers. $4.1607.00; stocken,? and feeders.
'? {.'.SOli 'i-76; cows nnd heifers. $1.9017 6.85;
I calves. $5*S.75. Hogs?Receipts 17,000 head.
I Market strong. 5910c. higher for best
I grades; others steady. Light. S6.7Bff6.v0;
! mixed. 35.7694.60; heavy. I6.704TC4?; rough.
I $5.70 * 6.00; good to choice heavy. 3606.46;
[pigs. $45j3.30; bulk of sales. 36.10*6.35. Sheep
I ?Receipts 12,000.head. Market steady. Na
| tlve. 33 3593.70: Western, II.40S 6.S0; year
j lings. 33.60*4 26; lambs, native, 33.60*6.00;
I western. 33.76*6.10.
j New Tork. October 77.?Beeves?Receipt?
; 3.346 head. Steers, $ 4'j 6.15; bulls. 33*6.00;
cows, 31.76*4.36. Calves?Receipts 2*4 head.
Veals, 36.50*10.36; culls. 34.50 * 6.60; grasaers.
I $4.0004.60; western. $4.60 * 0.50. Sheer and
Lambs?Receipt? 5,546 head. Sheep, $3*3.50;
lambs, $1.60* 6.75; culls. $4*5.90. Hogs?Re?
ceipts S16 head. Market steady at $6.1?i?
6.60.
RICHMOND TOBACCO MARKET.
Richmond, Vs., October 27, 1911.
Quotations on the Richmond Tobacco Ex?
change: ,
BROWN SHIPPING- REORDERED.
Lugs .S 7.60 0$ 3.71
Short leaf. 9.00 * 10.641
Long leaf. 10.00 t> 13.50
Wrappers . u.o:- <5 is.oo;
BRIdHTS.
BMOKERS?Common . 7.oo ?& s.5o |
Medium . ?.00 9 11.00
Fine . 12.00 <ti 13.00 ?
CUTTERS-Common . 12.00 9 13 no
Medium . 14.00 0 l(.5o
Fine . 17.00 <J 13.50 .
Fancy . H.50 9 20.00'
FILLERS?Common . 3.00 ? 11.00
Medium ..-.11.00 9 1100
liood .? ... i2.S<> * 13.50
Fine . 14.00 * 16.00
WRAPPERS?Common . 18.00 9 17.00
Medium . 13.<0 * 20.00
Oood . 260) * 30.00
Fine . 32.50 * 37.5?
Fancy . 40.63 1* 4;.00
BUN-CURED?NEW. ?
Luga, common to tend. 5.50 9 7 00
Lugs, goud to prime. 7.50 Q - 6.50
Short leaf.,. ?00 9 ll.oo
1 Long leaf. 11.00 * 14.00!
Wrappers . 14.00 'o 26-00
Primings . 1.30 8 6 20'
MISCELLANEOUS MARKETS.
PEANUT MARKET.
(Reported by Uodgers. McCabe & Co.) ?
1'etcreburg. Vs., October 27. -Peanuts ? '
Market dull; no trading. Fanners" slock!
exhausted, shelled. No. 1 Spanish, e'lfle'.lc. ;
per pound.
DRV GOODS MARKET.
New York. October 27. ?The cotton goods
markets lire quiet and buyers arc timid
?bout loa? future prlee?. Bpot trading oon
Unuee eteady. Local wool marked are
somewhat tulir, but ?loraeiUc grade* are
Ilm. Yarnn are quiet and steady.
NATAL ?TORES.
Wilmington. N. O.. October W.--6plrll?
Turpentine?at**dy a-t 4>c.: raoelpte W
caike Roiln? St early at le.tO; receipts 8?
barrel* Tar?Firm at ?1.80. Crude Tur?
pentine?Firm at IS.?? 4M; receipts 80 bar?
rels.
Savannah. Cla.. October 37.?Turpentine?
Firm at ??,<? : aelos ?44 oaek*: recelpta 61?
casks, shipments 38! casks; atock 88,781 bar?
rels. Rosin ?Firm: aale? 1.891 barrels; re?
ceipt* 2,071 barrels, shipments 11*7 barrel*;
?toek S6.0S8 barrel*. Quota: B. RMJtt
MARINE INTfLLIOEXOK.
PORT OF RICHMOND, OCTOBER 37. 1911.
ARRIVED.
Steamer Brandon. Harney. Norfolk, mer?
chandise and passenger*. Old Dominion Line.
Steamer Aurora, Furman, Feiersburg and
Jame* River landings, merchandise and pas?
sengers. Furman Lina.
SAILED.
Steamer Brandon. Harney. Norfolk, mer?
chandise and passenger*. Old Dominion Line.
Steamer i'ocahontaa. Uravea. Norfolk and
Jamea River landing*, merchandtae and
paseengers, Virginia Navigation Company.
Steamer Aurora. Furman, Petersburg und
James Itlvrr landing*, tnerchandlao iuiid
paaienger*. Furmau Dine.
WEEKLY COTTON REVIEW
New Tork. October 27.?Cotton dur?
ing the week has shown at times un
i expected strength for several reasons.
! First there have been frost scares.
I which, striking a market rendered sen?
sitive by tire presence of a large short
I interest, has caused sharp. If tempo?
rary, upturns In prices. Also some of
the spinners, as prices have apnroachcd
9 rent.", show more disposition to take
hold. The exports have been large.
Spot markets at times have shown a
rather more belligerent tone, and the
South Is beginning to hold back col
ton to a sufficient extent to excite coin- |
ment here. Waldorf shorts have at
times covered freely. The greater
part of the short purchases on Wed- |
nesday morning of some ISO.000 bales |
was put down to the Waldorf clique.
Varna have been in somewhat better ]
demand, the weekly reports of thei
mercantile agencies speak of a quick- I
ened movement In the dry goods trade.
It is believed that In some quarters the i
crop Is being overestimated, and the
world's consumption underestimated, j
It is also believed that spinners' tak- i
Ings this year are not unlikely to run
considerably ahead of the actual con?
sumption, owing to the relatively low
prices. Bears, however, are talking
of an ultimate decline to much lower ,
levels, on the Idea that the crop Is ,
15,000.000 bales or more, and that tno i
consumption and the spinners' takings '
will be considerably lc*s than this Hi;- ;
ure in spite of low prices. They are :
encouraged In this view by the high
record ginnlr.fr up to October IS. as
revealed by the Census Bureau's re?
port on October 25, putting It 7,740,000 \
hales, or about 2,300,000 more thnn for '
the same time- last year, and roughly j
1,300,000 more than the previous iilph
record som^ years apo. Moreover, Man
Chester and I.lverpoul have been no-;
ticeably depressed by the g-o-nins
gravity of the rcvolu'.on. In China and
the monetary crisis In Shanghai,
Southern hedne selllnc has continued
on an important scale. Some Impor?
tant interests, however, In Wall Sircel
,1ml the South, notably !n No a <>,
lean.", are Identified with the hull Hide
and the.ro is a growing conviction that
the receipts do not warrant the ex?
treme hljrh crop guesses, while gin?
ning fisrures are not universally ac
centeri as it sure Indication of tii.- stxe
of the crort. At the close, cold weather
at the South und cnvTlnc: of shorts
ciitise a rally.
Rrnadntreet'ii Hep?ri.
New York. October 1~.?Bradstreet'H
to-morrow will say:
Trade dlsplayu little chango, with
perhaps a slightly trreator tendency to?
ward Irregularity. Yet the consensus
of reports from many markets, barring
some at the South, Indicate that retail
trade has been materially helped Yy
cooler weather.
It Is prenerally conceded, however,
that trade, wholesale, jobbing und re
tall, tends to reflect Improvement over
this time laat year, when more or lews
repression was In evidence. Trade In
cotton goods Is not being helped by the
instability of prices, and buyers, do?
mestic and foreign, seem to prefer to
1^^m m m
Opens for Business
This Morning in its New Offices
in the
Travelers Insurance Co. Building
Ground Floor
Our
"Red Thread"
In every great and successful enterprise there are certain
principles that, like the red thread running through all the cor?
dage of the ?British Navy, pervades every transaction. The
ruling law of this bank?its "red thread"?its first considera?
tion, is protection of its depositors.
First National Bank
1104 EAST MAIN STREET
Capital and Surplus $2,000,000.00
Able and Willing to Meet
All Legitimate Business
Requirements
Whether to extend your business, build a home or
borrow money for other purposes, this Bank stands
ready to help you.
Your account, whether it be large or small, desired.
3c/o Interest Paid on Savings.
BANK OF COMMERCE
AND TRUSTS,
Capital and Surplus, $325,000.00.
wait until this situation becomes more
settled, even though It I? recognized
that stocks arc licht. In the Industries,
the chief events of the week compre?
hended the decision of the leading
steel Interest to terminate Its lease on
the Great Northern Ort- lands, the In?
tent of the carrying roads to reduce
freight rates on that raw material, und
tvouttu j,oiut?.
I'llK.-HVTKItlAN. ' ' "
Pin B T PRESBYTERIAN CHURCH
(Grace snd Msdlson Streets).?Preaching at
U A. M- and S 1*. M. by the pastor, Dr. F.
T, McFADEN. Sunday School *i 3:30 A M.
Bible Claaaea for mtii and also for women
at 10 A. M. In the main auditorium.
SECOND PRE8BVTEH1AN CHUKCH
Rcv, RUSSELL CECIL, L>. D.. paator. Ser
\ Icec on Sunday at >J A. M. and I I'. M
Sunday School at s.tl A. 51. Wednesday
service s I*. M.
THIRD PRE80TTERIAN CHURCH
I briiao and Twenty-sixth Btreels', ?Dr. BO
GLESTO.V will preach at both services.
Congregational int-etlng u A. m Evening
subject. "The Church's Crying Need at
fresent Time."
<; It A C.E STREET PRESBYTERIAN
Church.?Preaching by Dr. D. CLAV LIL?
LY at 11 o'clock A- M and t o'clock P. M
The doctor's morning subject will be "The
Working Unit in the Kingdom." and si
night the doctor will lake for his subject
? The Rub of Three In Giving."
CHURCH OF THE COVENANT?REV. J
CALVIN STiEWART, D. D.. paator.-The
annual rally services of Sunday School will
b? al 11 A. M. with on Interesting program.
Rev. W. L. LINQ|L)B, D. D.. of the Seminars,',
will preach at s o'clock at night. Midweek
service Wednesday at 8 P. M. Sabbath
School at U-.Z't A. M . and Men's Bible Class
meets at 10 A. M. All welcome.
W >E S T MtN STEH PRESBYTERIAN
Church-Rev. JAMES Y. FAIR, D. D.. p4<
lor. I'rea- hing II A. M. and > P. M. by the :
pastor. Welcome.
BAPTIST.
FIRST BAPTIST CHURCH (BROAD AND
Twelfth Btreeis).?The paator. Hev. OEO. W.
McDANIEL. D. D.. will preach at both
Services?11 A. M. snd i i'. Sunday School.
Baruca and Phllatheu Classes (A. W. Pat?
terson, Supt..'. 9:30 A. 31. A welcome to
all.
SECOND BAPTIST, CHURCH (FRANK-I
tin and Adams Streets)?i.ot'ls BACuN I
WARREN. D. D? pastor. Services 11 A M. |
und 8 P. 31. Grudcd Sun-lay School afi
!>:30 A. M. Organized classes tor men and |
women.The pastor will preach at the morn- i
lug service; subject. "Salvation and Itc- !
ward." At the night service Dr. It. E. !
GAINES will preach, choir selections: ]
Morning?"God So Loved the World (Stain- I
ersi; "Prepare Ye the Way of the Lord"!
(Garrel!)'; "One Sweetly. Solemn Thought',
(Ambrose)). livening?"Abide With Me" i
iBarnby); contralto aolo. "Av? Maria"!
(Mlllard); "Thou Knoweat, Lord" (Stalner) I
A welcome to ail. Strangers especially in?
vited to worship with us.
UKAL'E ST Kol BT BAPTIST CHURCH
(Grace and Foiishe?! Str?ets). ?Preaching a(
II A. M. and i P. M by the Rev. WIL?
LIAM IS. HATCHER. D. D. Sunday School
at 9:30 A. M. (Charles R. Winston, Bupt.J. )
Wednesday evening prayer-meeting at 81
o'clock. The public, especially strangers,
are cordially Invited to worship with us
GROVE AVENUE BAPTlsT CHURCH
(Grii.-a Avenue and Harrison Street).?Hev. j
W. ?-'. JAMES. Tb- D.. pastor. Preachini,-I
by the paator at 11 A. M. und 8 P. M. Sun?
day School :it 9:10 A. M. (James B. Wood, i
Supt.i. Wednesday evening praycr-nicbt-'
lag ot 8 o'clock.
LEI OH STREET BAPTIST CHURCH
(Twenty-fifth and Leigh Streets).?Pastor.
J. J. WICKER, will preach at 11 A. M. and
7:15 P. At.
METHODIST.
BROAD STREET METHODIST CHUROH?
Preaching nt tl A. ?V and 8 p. M by the
paator. Rev. FRANK L. WELLS. Subject
of the morning sermon. "Church Brother- '
ho.,d." At night the subject will be "The j
Gossiping Tongue." the second In a series
of - Tongue Talks." Al Hie night service I
the choir will render the third number of
a series of aclectlona from great master
pleres. "The Heavens Are Telling," from
"The Creation" by Hnydn.
KPISCtil'AL.
MONUMENTAL CHURCH (ERECTED 131?
on*8ltc of Theatre burned 1.111). Uroad Street
below Twelfth. Services at 11 A. M. and
I P. M. Seota free.
LUTHERAN.
FIRST ENGLISH EVANGELICAL LUTHE
ran church (corner Monument Avenue and
l.nmbarriy Street I.?Preaching by the pas?
tor. Rev. J. J. BCHERERi J!*- Reforma-I
lion serv'lce will be held In the muriiing at 1
II A. M., subject. "V.4V I am a Lutheran." I
Night service at 8 P. M. Sunday School
9:30 A. M. Luther League 7 P. M.
ST. JOHN'S GERiMAN EVANGELICAH?, ?
Church (corner Eighth and Marshall |
Streets).?Rev. O. UIJTIIE, pustor. The.
festival of the Reformation will be tele- J
brated to-morrow. The main festival ?er- ]
vice at II A. M. will be conducted In Ger- j
nun; English, evening service nt 8 P. M. !
Fine, music In both services by quartet, :
church choir and small orchestra.
C11R. S TIA N SO i tSS t: B.
RB'oVLA-R SERVICES OF FIRST
Church of Christ, SeMntlSt,. wlll.bt held to- 1
morrow morning In church edifice (corner ?
Park Avenue and Meadow Street) al 11
o'clock. Subject. "Everlasting Punlshment.'M
Wednesday evening testimony and experi?
ence meeting at 8:30. The reading-rooms
2?"lo??Sd at S07'A North Sixth Street and >
nr? nnen every week day from 10 A. M. to
! r. St. All are cordially lavitod.
An account with a good bank helpi
to establish your credit.
Manchester National Bank
National Bank of Virginia
Capital, - $1,200,000
Surplus, - $ 600,000
Accounts solicited
Ninth and Main Street
The successful man Is the one thai
saves systematically.
Commonwealth Bank
finally the application of, the Federal
government for a dissolution of Ute
United States Steel Corporation. But
so far as actual buying of steel and
Iron goes, the week has developer very
little. Priesa continued to tend down?
ward, and some buyers, seeing that
iiuotatlous arc very low, are attempt?
ing to purcnase for longer periods. Big
Iron is weaker.
Business failures in the United States
for the week ending October 26 were
231, against 368 lust week and 220
in the like week last year.
Healer's .Statement
New Orleans, La., October 27.?Sec?
retary Hester's stati-ment of the
world's visible supply of cotton Issued
to-day shows the total visible to be
2,366,313. against 3,133.853 last weak
und 3.020.818 last year.
Of this, totul of American cotton Is
2.819,313. ugalnst 2,808,853 last week
und 2.138.81 o last year, and of all other
kinds. Including Hgypt, Brazil, India
etc., 537.000. iiitainst 525.000 last week
und 582.000 last year.
Of the world's visible Mupply of cot?
ton there Is now afloat and held In
tjreut Britain and .Continental Kurop?
1.71 1,000, against 1,581,000 last yeur; In
Kgypt. 01.000. aKUlnst 142,000 last
year; in India, 238,000, ugulnst 101,
000 last yeur, and |ii the United States,
1.313,000. against 1*507,000 last year. .
Weekly Cotton Statistics.
Liverpool. October 27.?The following
are the weekly cotton statistics:
Imports, all kinds, 237,000 bales, of
which were American 225,000.
.Stock, all kinds, 398.000 bales; Amer?
ican, 297,000.
American forwarded. 108,000.
Total sales, all kinds. 50,000 hales;
American, 39,000,
Knglish spinners' takings. 122,000.
Total exports, 11,000.
Quantity afloat, all kinds. 166,000;
American. 4 28,000.
Total sties on speculation, 1,400.
Total sales to exporters, 2,800.
BIG RAID MADE III
FRANKLIN COUNTY
[Special to The Times-Dispatch."
Winston-Hnlem. N. C, October 27.?
llcvenue officers here to-day reported
that they destroyed four big illicit
distilleries on "Bunet Bag" Creek, lr,
Franklin county, Va., to-day. They ar?
rested one man. He gave his name as
.lohn Sneed. bul claimed he was only
at the distillery to get some beer, and
had nothing to do with Its operation
Snced was released.
One of the stills was practically new,
a 225-gsllon copper one, and one officer
stated that he did not remember ever
having cut up a bettor equipped plant.
No whiskey was found, but almost 2,000
gallons of beer went to waste. Mr.
tlendrlcks reported that seventeen
blockade plants havo been destroyed
In the sume section within the pnst few
weedts. Since February approximately
150 hive been put out of commission
In Franklin county._
. The Valentine Museum
ELEVENTH AND CLAY - STREETS.
Opan dally from 10 A. M, to i p. 14.
Admission. 2E0, ? ?)? t t

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