The times dispatch. [volume], December 11, 1911, Page 8, Image 8

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

Image provided by: Library of Virginia; Richmond, VA

                
WHEAT INFLUENCED
BY LARGE RECEIPTS
* _-?
Prices Again Decline, but 1 his Is Checked by
Government Report and Less Favorable Crop
Outlook?Uorn Weaker.
f\Tew York. December 10.?Prices in
domestic wheat markets declined early
in the week, the cause being chiefly the
influences that governed during the
preceding week. Receipts of wheat In
the Northwest on both sides of tho bor
dor continued heavy, being far In ex?
cess of estimates. Over the post two
or three weeks practically every trader
h?6 anticipated a material falling ort
In the movement. It Is certainly per?
plexing to And receipts so large ano
? stocks accumulating. when nearly
every one Imagined that farmers hail
parted with a large percentage of their
surplus. Advices from the Northwest
Indicate that spring wheat farmers
have already shipped two-thirds of
their crop. Others cstlmata that they
only bavc 25 per cent, of the crop on
hand.
Minneapolis and Dulutli have already
received 61.000,000 bushels, while coun?
try mills have ground 19.000,000 bush?
els, and Southwestern mills I.OOO.OoO.
with 26.000,000 bushels reserved for
?ecd. Country elevators now have
11,000.000 bushels, making a total of
123,000,000. It is therefore assumed
that the crop In the threo big States,
Minnesota and the Dakotas, must have
been iarger than stated by the govern?
ment report, namely 1 12.000.000 bushels.
In view of such a largo movement tro'i
a small crop, it is naturally argued
that tho time must be close at hand
when receipts will fall off sharply. It
should be borne In mind that an unusu?
ally large percentage of the crop was
Inferior, some of It good enough only
tor aood. The downward tendency In
tho market was checked partly by
somewhat encouraging oables, Euro?
pean markets being Influenced by con?
flicting but somewhat unsatisfactory
reports respecting tho outlook In Ar- I
gentlna, where the weather has been
Unfavorable at times, especially In the
province of Santa Fe, where there woro
exccsslvo rains. Hence estimates as
to the crop In that country have been
roduccd, some placing the total at
200.000,000 bushels, against 308,000,000
bushels previously. The strength In
Europe was also partly ascribed to the
extremely big deoreaso In the European
visible supply, 4,096,000 bushels, against
2,100,000 bushols a year ago.
Reaction In Market Lnter.
Late In the wook whoat prices
reached a still lower plane, although
there was a small recovery afterwards.
Receipts In tho Northwest continued
fairly large, InBtead of falling off, as
expected. Meonwhllo receipts at win?
ter wheat points were small. The de?
cline was attributed to liquidation by
dlscourugcd longs and selling by ag?
gressive bears. There seems to bo
practically nothing In tho situation to
Justify depression other than the so
called big visible supply. Wo have on
many occasions in former years had a
' materially larger visible supply, and
at a time when stocks In private ele?
vators were not included, and also when
j our population was appreciably smaller.
Moreover, many dealers contend that
[nearly all farmers have marketed their
[surplus much faster this year than
ordlnurlly, and that consequently the
'movement is bound to t>6 lighter here?
after, particularly now that the outlook
Is by no means so bright In Argcnt'na.
Th ? reactionary tendency was partly
ascribed to higher advices from Buenos
Ayres, which accompanied more gen?
eral and widespread rains In Argentina.
Exports from that country In January
and February will bo materially lighter
than recently estimated. The Victo?
rian crop shows a reduction, being
placed at '-'6,571.000 bushels, against
31.000,000 bushels a year ago. Hence
exporters may have to show more In?
terest In our winter wheat, but unfor?
tunately premiums on practically all
grades were sharply advanced late in
the week. Firmness toward tho close
was partly created by tho unfavorable
monthly report of the Department of
Agriculture, which placed the seeded
area at only 32,213,000 acres, or 2.000,000
loss than generally anticipated, and
condition at 86.6, Instead of 90'or more,
as many had counted oil. Such a con?
dition on this area would Indicate a
possible crop of 428,433,000 bushels, or.
roundly, 30,000.000 bushels less than
year ago, and 36,000,000 buHhcls less
than harvested two years ago.
A report on condition In Deoembcr is
almost worthless, because there Is de?
terioration between Docomber and har?
vest time, tho average yearly loss dur?
ing ton years bolng about 10 per cont.
It Is reasonable to suppose that winter
wheat farmers will hold back their i
email roserves until the advent of gen?
uine spring weather, when they may be
able to arrive at a definite opinion as
to the crop outlook.
Tho Corn Market's Week.
Much of the time the corn markot
I was quiet and narrow, with slow fiuc
| tuatlons, although as a rule thero was
[a weaker tendency, which wsb ascribed
chiefly to favorable weathor West. It
was believed that farmers would mako
heavier deliveries to country stations.
Indeed, tho movement recently has
rhowll enlargement, but grading has
been decidedly unsatisfactory, scarcely
n- car arriving at Chicago bolng lit to
go Into the contract grade, tho bulk
being soft and damp. IJecausc of these
facts and the Inslgnlllcant supply, old
short sellers of December have shown
some anxiety to cover, which prevented
a material decline. New corn to arrive
has been offered more freely at a slight
concession, resulting in a fairly good
business for export for shipment De?
cember to March, Inclusive.
COTTON GENERALLY
FIRM DURING WEEK
Covering Movement Caused Gradual Advance
Until Recovery of 20 to 25 Points Was Shown
Over Previous Saturday's Prices.
Now York, December 10.?Until yes?
terday cotton showed a groator degree
of tlrmness during the week. The
market had closed weak last Saturday
at the lowest rango of prices for the
season. December options were then
8.97; January, 8.69; March, 8.74; May,
8.S2; July, S.91, and October of the next
crop, 9.05. From last Monday a cover?
ing; movement among the shorts and
kome speculative buying for a turn
advancca me market gradually, until
yesterday afternoon prices had shown
u. maximum recovery of 20 to 25 points
ttnougnoui the list from Saturday's
prlcos.
On publication of the Census Bureau's
repoi ?. jubi oeloro tue opening of tne
market yesterday, selling developed in
Buiiicieut voiu/ye to cause most of the
buyers for ..boO) -lori'g and short uc
couiils ol earlier 1? the week to turn
bcllers. Aggressive Southern and local
banks took advantage of this and ol
the increasing belief that tile govern?
ment's annual crop estimate, due Mon
nay aticrnuon. will be 15,000,000 bales,
to hammer the market again. Thus,
yestcruay'g decline cxtenued 22 to 20
points from Thursday's closing quota?
tions, and 22 to 2S from the highest
prices of Thursday, with every option
on tue list breaking under last Sat?
urday's previous lowest record by 2
to 5 points. The market closed weak
at the lowest prices yesterday, with
December at y.'.<2. January. 8.64; March,
>.Tu, May,.f.fc'0; July, 8,88, and October.
s.oo.
Centum (iliinliiK Hrport.
The Census Bureau named the tola1.:
amount of the crop ginned to Decent-1
bcr 1 as 12,814,0uo bales. This ap?
peared larger than some of thu beet
cotton men and crop experts had been
ligurlng on, but was 150,000 bales
smaller in the total than the bearish
ligures of the so-called National din?
ners' Association's report, issued Iroiii
Memphis some days ago.
A mathematical crop estimate of
anything from 11.000,000 to 15,770,.I
bales can be tigu.-cd from this report,
if the total ginning of the crop of 12.
814,000 bales os applied 10 the amount
of the crop ginner after December 1
the previous live yeais. There was gin?
ned aftcii December l. last year, 1.12s.
000 bales, exclusive of {inters, again.-1
1.196,000 In 1909 and 2,077,000 in 1908,
and 2.714,000 in Ii?'.;, iigatnsi 2,955.000
in 1904. Thus, If 1 he same amount of
cotton should be ginned from Decem?
ber 1 to mi '-nd of the season us was
ginned in the same period last year,
the total ?.rop, exclusive of Unters,
uould be 14,250,000 hales. The question
sit to the total yield from yesterday's
ginning report depends entirely upon
the percentage ol the crop the ginning
figures indicate. figuring on such a
percentage at present Is all guesswork.
There are two morn ginning reportu
remaining from the Census Uureuu !>???
lore Iis final report on the total crop
Is rendered on March 20.
Tbc fiovernnn-iii 1 rap Estimate.
The government's annual crop esti?
mate will be announced at ?_? o'i lock
to-day. This will be fr'.vcn in com?
mercial bales of the gross weight of
OPEN AN ACCOUNT WITH
The Union Bank
of Richmond
1107 EAST MAIN SI BE XT.
I'..60 MAKES A STA BT. 8 PKtt
CENT. INTEREST
GOO pounds each, not including Unices.
The trade now cxpocts this estimate
will exceed 16,000,000 bales. Some ol
the estimates of usually good crop ex?
perts and trade papers in the South
have ranged from 15,300,000 up to
ncurly 16,000,000 bales. The trade has
discounted 15,000,000 bales. If the re?
port should show more than lhat
amount, there Is little doubt '.hut it
would have a depressing effect on
general trade sentiment, and cause
still heavier Southern selling and force
much liquidation, especially nt Liver?
pool, which has not thought the crop
likely to exceed 15,000,000 bales. The
Immediate future course of prices for
the staple depends to u very great cx-l
tont upon the government's crop estt-,
mule. Nearly 7.600,000 bales of tho!
crop have been marketed from the
opening of tho season, September l.j
Total exports, so far, have be en nearly j
4.200,000 bales, against 3.100,000 bales
last year, with tho world's visible sup-,
ply of American cotton In sll positions
last Saturday Standing at 1,065,000'
bales, ugalnsl 3.570.000 last year. 3,-'
:>77.noii In 1 fiftf?. nnd 4,043,000 in 130S. |
Tho crops of India, Kgypt and Rus-!
sin are all reported this year to be con-i
Biderably below last year's yields In
those countries. Some figure this prob?
able dertcloney as likely lo exceed the
equivalent of l.r.oo.Onn bales. if this
estimate of the smullor foreign crops
should turn out lo bo correct, It would
leave a much smaller surplus from ourj
record crop to be taken care of outsldo]
of the requirements of tho world's
spinners for consumption the ensuing
[year. The consideration of this short-.
ace in the foreign crops with the low;
! price of American cotton would grout-j
ly Increase Up takings by foreign spin
HOI'S.
RELIGIOUS CENSUS
OF LYNCHBURG TAKEN!
I Preferences of IK,win or ?he UO.OUO^
White ItcHlilrntN Tabulated for I
Churches.
I [Special to The Times-Dispatch.]
J LJ-nchburg, Vn? December 10?\vhll?
I tin checking ol the work done in Ink'
1 iny th.- religious census of the whltf
resident* <"'f tho city a month ago has
not heon completed, nearly 13.000 ?l
lb. 20,000 white residents have been
j tabulated .miiI their religious ten?
dencies are now being compiled for
: the us.- of the various churches ol
j the cit>.
I Some few nouses, which were cloned
) at the time of the census, lire to be
? seen yet. but It Is expected that the
; full report will be completed In tho
, next ten days or two^wceks.
I The dam already in hand show.s the
j following preferences, vis: Baptist,
?4,321: Methodist, 1.01?: Methodist
Protestant. 310: Presbyterian, 1,536;
Episcopal, 1.261: Christian, 616; other
preferences, lji;
The .lata complied. although not
complete Toy any means, shows there
. are <>'.". persons. members of III.
1 church, who have no congregational
' preference, anil 623 who have, no church
relation or preference.
Court Convenes To-Ruy.
I Special to The Times-Dispatch'.]
'Lynchb?rg, Vs.. December 10.?.ludeo
'finrksdnle will convene the December
term of the Circuit Court hero Monday.
During tho brief term upwards of flf
tcon divorces will be granted. Twenty
five coses aro .pending, but some oC
thern may not. reach a Utcrtc during
this term.
Hutcheson's Leaf Tobacco Warehouse
For the Sale of Loose Leaf and For Storage.
Sixth and Cary Streets.
In the Centre of the Tobacco Trade.
Most Complete and Most Comfortable Tobacco Ware?
house in the South. Concrete Reinforced Fireproof Building,
especially designed and built for the business. Three Per?
fectly Lighted Sales Floors. Ample Stables, with eight-foot
aisles. Lodging Rooms for Farmers. Electric Elevators.
Ample Storage Room.
BHIXU VOUIl LOOSE LKAF TOBACCO TO Hl'TCHTCSON'S
for top notch prices and quick sales. Your check ready in
two minutes after your last pile is sold.
JOHN A. HUTCHESON, Proprietor.
John M. Valentine, Auctioneer. ?
GAINS IN BUSINESS
ARE WELL MAINTAINED
j New Tork, December 10.?Business
! maintains Its recent gains with fur
I ther betterments in some directions.
! The' financial market at this time
shows no response. Security values
tonded downward during the last week,
with only a partial recovery toward
its close. The movement showed that
the market during Its rise last month |
had discounted the -Improvement in j
business conditions which has occurred j
thjis far. Other influences were at
I work, moreover, to depress market
? values. Chief among them were po?
litical developments, higher money
rates, nnd announcement of plans for
the reorganization of the Wubnsh Ball
road o/nd the Allls-Cholmers Company.
Speculation was Influenced to a con?
siderable degree by the iprospectlvo
readjustment of the Wabnsh's finanoes,
notwithstanding tho fact that the un?
satisfactory positions of the railroad
had made it long evident that some
such stop was probable. The same !s ,
true of tho AlllB-Chalmers Company.!
Attention was drawn to other low-'
pricod securities, which It was felt
might be similarly situated and vaguo
reports of the possibility of further
reorganisations exercised a depressing
influence.
The assembling of CongreBs, with
the prospect of a long session during j
which matters of greatest Importance i
to business are to be considered,
to restrict stock market operations.
The prevalent feeling that a turn
for the better hOB been made in bus?
iness Is supported by reports of the
commercial agencies based upon.condi?
tions at all the industrial centres. Fur?
ther evidence was found In the unex?
pectedly good showing of the copper
producors" monthly statement, and In
the gain In unfilled tonnage reported
by the United States Steel Corpora?
tion, which was twice ns large as
most estimates. President Frank A.
Vanderlip, of the National city Bank,
however, took the view, in n published
interview, that it was on the day-to?
day buslnePK which was Improving,
and that "the attempt to adjust bus?
iness to a law" had brought about
the most serious situation of many
years for the business Interosts of
the country.
It had been expected that money
rates would relax this week, with tho
Decombor 1 intoreat and dividend pay
ments'out of tho way. Maintenance of
comparatively high rates throughout
the week tended to check stock market
operations. The unexpectedly poor
bank statement of December 2 furnish?
ed some explanation. The highly
favorable statement of the banks last
week showed a rovorsol of position
which may find Its Immediate off jet In
the course of money rates.
GOVERNMENT REPORT
WILL GOVERN MARKET
New Orleans, December 10.?It la
very cltflicult to say what Is Ilk dy to
happen In the cotton market this week,
because the covernment's estimate of
the crop will be Issued on the op?nin~
of the session. The figures probably
will govern the course of prices after
that. The estimate will bo pui out
by the Department of Agriculture atj
\ o'clock Monday, New Orleans time.
The figures will count bales it 500
pounds weight, and will not inclur o
llnters. The trade expects about 11,
750,000 bales: anything under that
level will havo a bullish effect on
prices unless manipulation Is used to
control the market. Anything over H.
7?0,000 will probably stimulate a great I
deal of short selling, as it would be
contended that auch figures confirmed
large crop Ideas. Uoth bulls and bca--s
alike seem to expect the government to
underestimate tho crop.
Tuesday will end the present gin?
ning period, Dut 'l 's hardly poij3lb:c
that the ginning returns from now
on will havo the effect they have had
hither this season, unless the govern?
ment estimate is very low and the
glnncrs' report shows that a mistake
has been made. It tho estimate tits in
at all with what the trade now thinks
Is logical, the glnncrs reports will be
robbed of much of their Importance.
The holiday period Is near at hand
and this may restrict trading lo some
extent. Bears, however, predict much
activity and agrcsslvencss on their side
between now and New Year's.
WILL ENCOURAGE
PPLE-6R0WINC
Northern Men Back of Proposed
Orchard?Libraries in Public
Schools.
[Special to The Tlmes-Dlspatch.l
Arvonla, Va., December 10.?Tho
Buckingham Improvement and Holding
Company, a corporation of large capi?
tal, hag Just acquired 2,000 acres of
land between Arvonla and Gold Hill,
four miles on the south, and purpoaoa
planting this entire acreage in appic
trees, thus forming a commercial or?
chard upon a larger sculo than has
ever been utlcmpted cast of the Blue
Kidge Mountains. The land acquired
is now largely grown up in woods and
undergrowth, but the soli In well .
suited to frull growing, being near
the fine orchard of Dr. F. \V. Coat- j
wright. The company aiao purposes (
encouraging apple-growing throughout |
this section, and to that end will orcct I
barrel and stave factories, cldar mills]
and cold storage plunts, all in the'
most approved manner, jt Is reported
that the capital stock of the company
Is 5300.000. Most of the backers are
Pittsburgh and Cleveland men.
! There Is a decided movement In the
county towards establishing libraries
in all the public schools, the patrons
contribut'ng a large portion of the
funds to meid the amounts contributed
'by the county and the State. Six t?x-1
ce||ent libraries were ordered for va- .
rious schools last week, and another ,
j order for an additional six librarley
I will be sent In within three weeks, j
The libraries are placed In the schools,
but are managed in ench case by some |
cultured citizen of the neighborhood
I where the school Is located. In every I
j case the libraries have books for gen
crnl reading, und It Is the purpose
of the authorities to make the libraries
serve the patrons of the schools as
well as the .pupils, thus malting ,thc
schools neighborhood centres and
i widening their influence.
At the last state,) communication of
Stonewall Lodge, No. '200. A., 1". &? A.
M., the following officers were elected
, for the coming year:
Worshipful Master, John W. Pierce;
Senior Warden, Clarence Sengor;
. Junior Warden. Owen R. Jeffrey;
Senior Deacon, Richard S. Pierce;
Junior Deacon; William Konlke; Sec?
retary, Morris U. Jones; Treasurer.
White W. Hughes. The lodge in in
fine condition, having within recent
'? months made many strong acquisi?
tions to its membership.
The Chestnut Grove neighborhood;
in Francisco District, recently suffered
i a great disturbance on account of an
j epidemic of diphtheria, which orig?
inated in the public school taught on
' the church grounds. Rev. John tipen
<?> r, who was conducting a revival,
was forced to suspend preaching, and
. the school was closed for some days.
Dr. Tucker filially got the disease un
I der control without the loss of a life,
j A 2,000-acre tract of land, covering
a large port'on of Spfears Mountain,
I In the northwestern portion or Buck?
ingham county, was recently sold to
. Richmond parties by. Hon. H. D. Flood,
commissioner. The land, though un
' cleared. Is suited to .rult-growlng, nnd
will probably be put down In apple
trees. H Is understood that tho price
paid was something less than un
J
GIRL WHS BOYS'
CORN CLUB PRIZE
On One Acre of Land, With One
Mule, She Produces Seventy
Bushels.
(Special to The Timcs-DIspatch.]
Durham. N. C. December 10.?The
Eoys' Corn Club yesterday -awarded
the prizes tor the best yields In Dur?
ham county this year, and a singular j
thing happened, a girl really won '
the prize. This was unexpected, and
the patriotic men raised a purse of
$7.GO and also gave her a prize. It
was Miss Addle li. Ragan, sixteen ,
years old, who, on one acre of laud, ?
with one mule, raised seventy bushels
of as fine corn as one will see In tho
United States. And she did it at a cost
of SI.GO for one. bag of acid phosphate.
She did oil the work herself. That la !
not all. Miss Addle, with her sister, i
Miss Nannie, aged eighteen, planted (
three-fourths of an acre In toon ceo,
wh'ch thoy sold on the Durham mar?
ket yesterday, and It cntted them
$73.31.
In awarding the boys' contest prizes,
the first prize of $25 in gold was given
to Leon Nichols, of Durham, R. If. D. '
No. 6. Ills yield was 123 1-2 bushels
to the acre. The second prize went to
Lawrence B. Crabtree, of Bahama, who
produced 110 bushels. Others ranged
from 01 to 75. and a large number
of prizes In money went to those who !
managed to draw more than 75 bushels i
from the soil.
Professor Ernest J. Green, a native
Durhamlte, has been elected supcrln- I
tondent of the. Durham graded schools, |
to succeed Professor \V. D. CarmtchAvi,
who has resigned, to take effect Jan?
uary 1.
St. Philip's Episcopal Church to?
day rulsed the last dollar on Its debt
of |S.000 on its $2S,000 structure, which
is now completed and paid for.
COURT CONVENES TO-DAY.
>evcriil Important fuse* on Ducket?
School of Agriculture nt Idenburg,
[Special to The Tlmos-Dlspatch.]
Leesburg. Va? December 10.?The I
December term of tho Circuit Court'
of Loudouu county will convene -in j
Loesburg on .Monday, and the session
will probably i,c :i busy one. as several
criminal cases will be tried, among i
them that of William R. Caallear, who I
Is indicted for the murder of Joseph
Cross, colored, near Woodburn. on
July 30. This case will come Up an |
tho fourth day of the term. Attor
neys Moncurc and Gloth. of Alexan?
dria, and Cecil Connor, of Leesburg,
will represent the defense.
a school of agriculture will be held
at the Lincoln High School building
on December 12. and continue for four
'days. On Tuesday and Wednesday the
subject will be "Pr?ll": on Thurs
j day rind l-'rlday tho subject will he
"Dairying." Each day's session will
j begin at 10 o'clock A. M. This school
J will h.- conducted by professors from i
I the State College of Agriculture at j
Blackaburg.
ilomes II. Dnv* has sold his property
on the corner of Church and Cornwall
Streets, known ns the Rrook.s property,
to George Eiistls, of Washington and
New ^"...
The t.oudonn Hunt Club "a<l lls third
meet of th's luotuh ^J^^.^, ^Lt^iday
9J DJLlleU^J-J3sjA^. /^^Sftj.
Police Seem Unable to Cope With
Situation?Big Exposition
Planned.
Wilmington, N. C, December 10.?
?Wilmington is now in the clutches of
tho midnight marauder. For tho past
month the city hus averaged, at least
one burglary a night, and for tho Past
fortnight two or threo every night.
The police scorn entirely unablo to
combat with the marauders or put an
end to their burglarious ways, as tlioy
have been unable to find any clues.
During the past week moro than ten
houses were ro'bbod, while thcro were
numerous attempts at house-breaking.
So daring did one of tho robbers be?
come that ho operated w-Jthln a block
of tho police station, and visited the
homo of a brother of Councilman B.
C. Moore, Commissioner of Publlo
Safety. Within a radius of two squares
four robberies were committed ono
night.
One of the most daring depredations
of the series was committed last
Thursday night, when the store of
Charles H. Hewlett, corner of Toath
and Orange Streets, was visited. Tho
burglar smashed in the front door of
tho establishment. Then, In a vain at?
tempt to open a large safe, but which
act demonstrated that the lntrudor
was not a professional "yegg," the
combination was broken off entirely
The safe was not entered, but It was
so badly damuged that It will have
to be sent to the factory, even before
acocsn Is obtained to It.
During the summer many bur?
glaries were committed, and when the
police finally managed to arrest a
young white man, Barney Leah, who
confessed to many robberies, it was
thought tho depredations would stop,
but this was found not so, bocauso the
burglaries continue. Thoro 1b talk of
the city purchasing bloodhounds to try
nnd track the criminals, but the most
feasible plan seems to be to work
through dotectlves, perhaps colored
sleuths.
In full force, three bands of gypsies
havo mot In Wilmington and pltohod
their camps Just to the south of the
city. The bands Include Gregory John,
alleged King of tho Gypsies, one of
those who figured in the sensational
case some months ago near Wades
boro, N. C, In which the king arrived
ono night to IdVy a special tax and
had beaten Into submission several of
the followers and assaulted the wile
of one of the ubjects. Already the
bands have commenced to ralso a dis?
turbance, although tho police are keep?
ing them under surveillance. Three of
the members were arraigned In the
Recorders Court yesterday charged
w'th stealing stovepipe. It was
charged that they purchased a quan?
tity of stoyeplpe from a firm here,
and while loading the pipe on a wagon
managed to steal many Joints. The
gypsies evidently have money, because
thoy employed two lawyers and the
case was hard fought at the trial, the
court reserving decision until to?
morrow.
A lease was recorded at the courl
nouse here, yesterday by which the
Carolina Cotton und Southern Indus?
trial Exposition Company, recently
organized tinder a charter granted by
this State, secured a big site for its
exposition. The site U a vast tract
about half-mile south of Wilmington,
and near tho Cape Fear It'ver. In all
It consists of over 200 ncrcs, and the
company proposes to hold a 1>lg ex?
position there In about two years, as
being on a tremendous ttcalc it will
require that length of lime to get
tilings In readiness. Dr. Russell Bel?
lamy, president of the company, was
In Washington the past week, nnd
Is now in New York In the Interest of
the project.
With Its annual meeting this week,
the Cape Fear Golf Club, one of the
best known Clubs of Its character In
the South, passed out Of existence by
being merged Into the Cape Fear
Country Club, which owns extensive
grounds, including big links to the east
of the city. New Officers were elected
to servo during the ensuing term as
follows: W. Dick, pres'dent; Thomas
\V. Davis, vice-president; Milton Cal
der, secretary and treaaurer; C. Van
Leuven, captain of the greens: Charles
12. Taylor, captain of tennis; Messrs.
Thomas II. Wright and M. F. H. Gou?
verneur, with the olllccrs, the govern?
ing board.
The club Is looking forward to a big
season, and is to make notable im?
provements on the grounds, un expen?
diture of $t'..G0O being now under way,
under the direction of an expert, while
golf player, has arrived to take charge
another expert, Isaac Mackle, a noted
of the links.
There is already a handsome clu/j
building on the grounds.
COTTON GOODS REVIEW
Now York, December 10.?Trading in
the cotton goods markets was on tho
quiet side, during the week. The in?
terest In print cloth yarn goods was
noticeably less, nnd buyers of fine
combed yarn goods are still indiffer?
ent. On bleached cottons and wide
sheetings the application of Jobbers
was steady at the new low prlcos.
Some of the sellers have taken about
as much business on the low basis
as they care for now, and are not
pushing sales. They are declining in
several instances to accept future or?
ders on 4-1 quarter bleached cottons on
a hnfilo of 7 1-2 cents for fruit of the
loom. Trade in the heavy goods Is
still steady and values nre better main?
tained there, both on gray and colored
ynrn materials. This |s due to the
lighter stocks that are held and the
better sold condition of the large
plants.
Prints arc quiet, with a moderate
amount of exsport business passing
with central American countries. Now
gingham deliveries are being made
rapidly. Denims hold steady and the
leading mills arc well conditioned ful?
some months to conic. A similar con?
dition exists with the large manufac?
turers of duck of various kinds.
The government report on cotton
ginning made little or no Impression
among buyers. itJntll the estimate >f
the crop comes to hand, buyers seem
Inclined to think that cotton markets
will be lower and goods may be lind
when needed. Of the 110,000 pieces it
print cloths sold st Fall HI vor. more
than half were tor contract delivery,
und all were ordered.
Jl'DGM Mil-iF.N WILL PHODK
A LLI3GKD IHR Util" LA It [TII-LS
Frccling, Va.. December 10.?Some
uneasiness appears to" be manifested
over the prospect of mi Investigation
of the alleged frauds nnd irregularities
of the recent election In this county.
A message received from Judge Kkecn
Is In effect that he Intends to probe,
I the mailer to tho greatest extent. Tho
understanding prevails that as between
the buyer and seller, the one who shall
first Inform the grand jury will bo
released,Vand the prosecution will fall
This bank, the oldest in Richmond, is gaining new busi?
ness every day. New patrons arc attracted by the size of
the institution, the conservative and safe policies of its man?
agement, and its large capacity for making loans and meeting
requirements of the business public.
Our officers arc always pleased to have an opportunity
of consulting with those who wish to connect themselves with
a progressive bank.
1104 E. Main St.
and Surplus. $2,000,000.00
We Want
Your Business. Personal and Savings
Accounts at This Bank
3 Per Cent. Interest Allowed.
Depository for the State of Virginia
and City of Richmond.
BANK OF
COMMERCE & TRUSTS
Ninth and Majn Streets.
Luiiliort?a
RiCumoDu.Freilerictsti'g & Potomac R. H
TO AND FROM WASHINGTON AND BEYOND.
Leave Richmond
??.60 A.H. Brr4Kl.SU.
?S.48 A.M. .MalnKt.SU.
?6.60 A.M. IlfrdHt.SU.
?7.48 A.H. Main Ht. SU.
?8.10 A.M. II) rJ St. KU.
?1 ?.01 uoonBrrdRl. SU.
+3.6U P.M. Byrd Ht. SU.
tLOOP.M. Iljra St. St..
?4.16 P.M. Kit a Station.
??'..If, P.M. Hain KU KU.
?H.20P.M. BjrdSt. Ru.
Arrlvo Itlubmoud
?7.60 A.M. BrrdSt.KU.
.11.26 A.M. Elba Station.
M1..V. A.H. Hjrd Kt.St..
?1.12 P.S. Main M. His.
?8.46 P.M. It) r-J St. St..
10.60 P.M. BrrdRUKu.
?7.26 P.M. Ilji4 st.Sit.
?0.10 P.M. Bjrrd Kt.HU.
?9.40 P.M. MaloKLBU.
?It.SO P.M. .M.In St. Ma.
?It.tA) niKbtllTrdSt.Sta.
ACCOMMODATION TRAINS?WEEKDAYS,
ll/rd Kt. Nta. 1-10 P. H. for Frederick share
I. -ate Elba KU. 7.86 A. M.,0.30 P. H. for Aal.land.
ArrWe Bird St.Kta.8.26 A.M. from Krcderltksb'r.
ArrDc Elba Sta. C?1Q A.M..6-10 P.M. from Ashland.
?Daily. i Weekdays. 'Sundays only.
All trains to or from Byrd Street Station
(except traloa leaving 4.50 a. m. and arriving
II. y> nicht) atop at Elba. Time of arrivals and
departures not guaranteed. Read tfc. signs,
Chesapeake & Ohio Railway
7:40 A.?Local?Dally?Newport Newa.
|S:30 A.?Local. ? Dally?C Wile. Ex. Sun.
Thurmond
19:00 A. ?Express?Dally?Norfolk, Old Point
110:00 A.? Eocal?Dully?Lehna, Lax. C. Fuig,.
?2:00 P.?Express ? Daily??ln.-L'vllla.
M:uO P.?Express?Dally?Norfolk, N. News.
6:00 P.?Local?Dally?N. Nutva. u.d Point.
1:15 P.?Lotal?Ex. Sun.-Gordonavlll*.
?J:l? P.?Ltcai?EX. Sun.- Lchbg, IN'aluniJ
Bridge. Clifton Forge.
?6:5i P.?Limilod?Dally?Cioc*>'tl; Chl'tro.
*U:00 P.?Exprtsa?Daily?f'aclnnati, L'vllle.
?Sleepers. tParlor Cars.
TRAINS ARRIVE RICHMOND?Local from
East: S:25 A. SI., ;:C0 P. ?*. Through from
East: 11:80 A. M., 6:30 P M. Local rrotn
West! "e::? A. SI., >:S0 ?. M. und 7.1J P.
SI. Tiirough: 7:? A. M.. i:45 P. M.
James Hlver Line: "i-.X V. M.. 6:16 1'. M.
??Dally except Sunday.
RICHMOND AND CHESAPEAKE DAY
RAILWAY COMPANY.
Schedule of electric trains to and from
Ashland, stopping at intermediate stations
upon signal: Lv. Richmond iBroad and
Laurel Sts.): ?6:?. ?7:10, i:10b. 0:10. "tiKlO.
11:10 A. M-; 1:10. 2:10. .V.10. 4:10b. 5:10. ?:;o.
7:10. 8:10b. 10:10. 11:46 P. M. Lv. Ashland:
?6:55, 7b. 3, !fb. 10. "ll A SI., ?12 M.. ??!, 2.
3, 4. 5b, ?. 7. 8. 9b. 11 P. M.
?Dally except Sunday. "Sunday only.
bCa.rnc-5 baggag?. ^
SOUTHERN RAILWAY
PREMIER CARRIER OP TUB SOUTH.
Trains Leave Richmond.
N". B.?Kollowini; schedule ngurea publish?
ed as Information and not guaranteed:
For the South ?Dally: 6:10 A. M. Local.
J0:46 A. M. Express. 6:00 P. M. Express.
11:45 P. SI. Express. Week Pays: 3:00 P. SI. |
Local.
YORK RIVER LINE..
4:30 P. M.?Ex. Sun.?Oonnectlns for Bal?
timore Mon., Wed. and Krlday. 6:00 A. SI.?
Ex. Sun. and :':15 P. M.?Men:, AVcd. and
Friday?Loci'..
Trains Arrlvo Richmond.
From the South: ?:i0 A. SI., S:I0 A. M.
2:00 P. SI.. 8:0.". P. SI., daily: 12:26 Ex. Sun.
From West Point: ?:J0 A. SI. dally. 11:35 A.
SI. Wed. and Frl.. 4:35 P. SI. Ex. Sun.
B. E. BUROESS. D. P. A..
MC E. Main St. 'i'lione Madison Kit,
Norfolk and Western Railway
ONLY ALL, HAIL LIN 11 TO NORFOLK.
Schedule In Effect October 2, :?U.
Leave llyrd Street Station. Richmond,
FOR NORFOLK: *H:00 A. U., ?3:00 P. s! ,
?4:10 P. M.
FOR LYN.C5IUURU AND THE WEST:
?6:16 A. SI.. '10:1? A. SI.. ?3:00 P. M.. ?3:20
P. M.
Arrive Richmond from Norfolk: ?ILIO A.
SI., ?6:35 P. St.. ?11:30 P. SI. From Ihu West:
?6:6? A. >!.. o2:00 P. SI.. bl:40 P. SI.. ??:05 P.
SI.. *a:00 P. SI.
?Dally. aDally ex. Sunday. bSunday only.
Pullman Parlor and Sleeping Cars. Cafe
Dining Cars. C. II. BOSLEY.
D. P. A.. Richmond, A'o.
W. B. BEVILL. O. P. A.. Roanoke. Va.
SEABOARD AIR 1 INK.
Southbound trains scheduled to leave Rich?
mond daily: 0:1<I A. St.?Local to Norllna.
1:20 P. SI.?Sleepers and coaches. Atlanta,
Birmingham, Savannah, Jacksonville and
Florida points. 9:50 P. V ?Sleepers and
ooauhes, Savannah, Jacksonville nnd Florida
points. ll:3S P. SI.?Sleepers and coaches.
Atlanta. Birmingham. Slemphls and the
Southwest. Northbound trains scheduled to
nrrlve in Richmond daily: b:32 A. SI., 7:38
A. M.i 5:?l P. M.. i:40 P. SI., Local.
Why not let your money work
for you? Wc pay three per cent,
compound interest on savings.
Manchester National Bank
National Bank oi Virginia
Capital, - $1,200,000
Surplus, - $ 600,00)
Accounts solicited
Ninth and Main Street
The money yon save to-day \s
I your safeguard for to-morrow.
I Commonwealth Bank
Virginia State
(FiRE)
INSURANCE CO.,
Organized 1865
Main and Fifth Phone Madison 4000
j Richmond & Petersburg tleciric Railway
Can leave Manchester, Seventh and ferry
Streets, for IVleraburg:
??, j, e. ?? to. li. a. m., l, t, 'i. 6,
??SM;, ??. 7. 8, -i 10 V. m.
11:09 P. ?.i for Clitstcr, 15:00 midnight for
Petersburg.
Cars loa\o Petersburg, fool of Sycamore
Street, tor Monchesu-r:
ti:U. 6:3.', ??7:1.'.. S:CS. S::c, ?10:15.11 :U
a. M.. If:?, Mt?. 2:2.1. 3:li, M:JS. i:Sj. ?:Ji.
?7:3;. 4:iS. 9:2i. ".0:10, 11 MO P. M.
TUally except Sunday and holiday*.
?Carries ha^giec and uxpross.
??Limited, except ?andays aiu] holidays.
All cars from Pcteiaburg connect with
cars tor Itlchmond.
?tfdlll?OiU'j
OLD DOMINION LINE.
Lv. ntchmond foot or Asn si. dally.7:00 P.M.
Leave Newport Newa.S:00A. M,
Arrive Norfolk.0:00 A.M.
Connects with main line steamers leaving
Norfolk for New fork dally except Su?doy
7:00 P. m. Connections also made by N. &
W. By. 3 r. M. i.nd C. k O. By. at < P. M.
Night Line Bteann-ra ?top at Clareinont to
land or rccclvo p&fs^ngera on signal, and
will bo met by nllu conveyance.
VIItOIMA NAVIGATION CO.-James Blver
by daylight for Norfolk and Old Point, Now
port News and all Jumes Itlver landings.
BtFatr.tr leaves M? Wednesday and
Friday at 7:00 A. it. Freight received for
all James Itlver landings. ThonsMadlson 171.
Main Ticket Office. 82! E. Main Street.
Chesapeake Steamship Co.
Dally, Including Sunday, for Baltimore
and the North via Norfolk nnd Old Point
Comfort. Through tickets on saio at all
ticket offices; Big new palatial ships "City
of Baltimore" and "City of Norfolk." equip?
ped with United Wireless. Intercommuni?
cating telephone service. Staterooms single
or en aulie, ?Ith pr'.vato baths. Famous
Table d'Hote 75c dinner. Cuisine and ser?
vice unsurpaesed. S. E. BUROESS, Agent,
!)07 East Mntn Street.
GO TO BERMUDA :
With Accn Temple, Mystic Shrine,
Sail from Old Point Thursday, 10
A. M.. January 11, 1012, on the S. S.
??TACtiS.'! This will be the most de?
lightful pilgrimage that has ever left
Virginia. Over 125 already booked. A
limited number rooms still vacant.
Hate. $50.00. Includes all expenses,
stateroom and meals on steamer, hotel
accommodations (American plan) In
Bermuda, carriage drive to Harrington
Sound, admission to Crystal Cave nnd
Devil's Hole, steamboat excursion to
tho Reefs and Marine Gardens, stop?
ping on route, and Including admission
to the Government Aquarium.
ROY A Ii MAIL STI3AM PACKET CO.
SAMVBIi II. BOWMAN. Agent,
i 70S Bast Main Street.
WHITE STAR LINE I
xkw voiiK?i'i.ymoi tii?cii?iiit?viift?sowtiiamptox.
PAST.MAIti KOUTE TO ENGLAND AND TH13 CONTINENT
Tbc Largest nml Pinea? Stcnmer In the World.
~r "OLYMPIC" Ufe
I'reneh n 1h Cnrte no/Unnrant, Turkish and Jllectrle TlniriM, Svt-Jmiulng
Pool, Four Elevator** Gymnasium, Vcrnudn Cafe,
Palm Court, e?c.
' W ill Sail From New York
Saturday, December 30, Jan. 24
and IteBuInrly Thereafter,
WHITE STA 11 MXE, - - - 0 1)11 OA DWAY, N. Y, Jj
Or Ijocnl Aareu?i.