The times dispatch. [volume], January 15, 1912, Page 8, Image 8

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

Image provided by: Library of Virginia; Richmond, VA

                
PRICES SHOW STRONG
ADVANCING TENDENCY
Continuation of Movement Started Prtvijus
We^k?specuLtiv i_lemfcnt in ^uuth ILge..
t Bj cotton.
New York, January H.?Tho market
was actlvo throughout tho week with
! ricea showing a strong advancing
tendency. It was the continuation ot
tin: movement started the previous
Week to drive In the shorts ami force
the price up us h?th as possible. The
inovoniont was started by the largest
spot dealers, and some of the heaviest
1 cal operators, who loaded Up with
cotton when sentiment was so bearlsn
during the decline from S cents to
Si 1-2 tor January deliveries curly in
December, and from 9 l-i cents for
March to s.5s for that option, and 0.30
for May to $.70 for that mouth. The
lowest prices reached lor tho scuson
end for nearly three years were on
December 12, the day .tftcr the govern?
ment's crop est mute of ' 1 l,S85,000
bales .>f ."00 pounds each, exclusive
oi Unters, which was announced on
December 11.
However, the movement to drive In
Ha shorts was not really started until
after the scattered speculative long
Interest remaining in that option hud
I - en shaken out by the tender of ??no?
tices" for deliveries on January con?
tracts to the extent of over 100,000
bales on Friday, December 20. . The
price of thnt option was then forced
down to S.62. but it subsequently
rallied to 8.S2. when it was found
a good deal of the cotton had been
taken back.
The "Inrkct'a Sharp Advance.
The. extent of the advance in prlcea
? iriiig tho llrst week of January was
points, url curing the pant week
that rise Was practically d'jpllcated, ,
thus making a total advance In the
Fetieral option Hat since the close of
business on December 29 to yester- !
day's highest of 60 to 70 points to
tile equivalent of between ts to $3.50
1 er bale. From the extreme low level
of December II, the advance amounts
fo between 100 and 110 points, or J5
to $5.50 per bale. The highest prices
were reached early yesterday, when
January sold up to 9 1-C cents. March
9.05, May 9.SO. July 9.89, August 9.90.
ahd September of the new crop options
v-lit tu 9.91. against 10 cents for Oc
tobcr and November, and 10.0,1 for
next December deliveries. Thun cotton
I- being traded In now for future de?
liveries nearly n yenr ahead at a ranx-"1
of prices of but 9 1-2 to 10 cents per
pound.
To facilitate this hull movement
thousands of telegrams have been
r< altered throughout the South, urplng !
the speculative element there to buy j
cotton, and' the same- kind of advices' j
1 :ive bc-n sohl to spinners and spot i
dealers throiighniii New England and
In Manchester; predicting n further j
Sharp advance. At the same time,
many tVall Street and Southern opor- j
stors havo been encouraged to take ]
the bull side on the bulges for a
further advance. Consequently the mar- I
itet's technical speculative position Is
now almost completely changed from
Ilia*, of a month ago.
Sglhuera buying Cautlouely.
There was n big demand for spot
cotton from forc.gn and domestic
j spinners, uapec.ally ilia former, during
[the decline from 9 1-2 cents to 8 1.-51
j cents, and enormous amounts were
.then purchased for shipment during
tins month. This cotton is now going
through in process of shipment from
, the interior and seaboard points, unil
[ ibis is why the exports since the opon
j lug oi" January have been so heavy.
: itut since the market wos started up
> so aggressively a fortnight ago. neither
; the foreign nor dornest.c spinners have
done much buying. At tho same time,
however, the Southern spot markets
have advanced almost as much us fu?
tures, and quotations therefore now
range from 9 1-4 cents up to 10 tents
per pound for middling cotton at most
of the principal receiving and shipping
points in tili South.
The amount of the crop brought into
sight this week on the figures of the
New York Cotton Exchange, Is 123,036
hales, against 469.000 last week, 292,768
last year, and L'SS.OSS in li'10. This
moke;- 10,541,000 bales brought Into
sight or marketed from the opening
of the s.-nson to date, according to this
authority, against 9,10 7,000 the sumo
lime last year, when the crop wua
1'.'. 120,000 bales on Its total commercial
movement and against 7.S94.0O0 In
1910, when commercial crop turned
out 10.600,000 bales. It will be noted
that the Census Bureau's last ginning
report showed tho total amount of
14,333.000 bales of the crop ginned to
January 1, as against 10,54 1.000 which
liuv0 been marketed to date.
The Crop aud Its Marketing. i
Here Is a difference of nearly 4.000.- |
000 bales. Moat of thle cotton Is held ;
at tile compress stations or in the in- i
tcrlor awaiting oale and shlpmont.
On the ginning of the crop to January I
1, more cotton has been produced
In such records for some States than
allowed for in tho total yield in the
government's estimate for the total
crop. Another ginning report Is due
on January 255. which win give the
total ginning to January 15.
and thla report will doubtless confirm
tlie trade's belief that the govern?
ment's crop estimate of 14,SS5,O00 bales
of 500 pounds ouch, has been an u;i
dcrestimate exclusive of Unters by
anywhere from 3uO,00O tu ?On.OOii bales.
The final report from the Census
Bureau giving the total ginning of
the crop and including ll-ters will
not be ready for publication until
March DO. Its report will then In
?Iude the net and gross weight of
'he hales, wh'eb so far hiive been run
Ting on an average of Iiis pounds. The
government's crop estimate was ligured
?n the l>as's of only 500 pounds to
the bale. There is still considerable,
?otton left unpicked in the fields in
inany sections of the belt, an almost
unprecedented feature as showing the
over-production.
HEAVINESS IN WHEAT
IS FEATURE OF WEEK
Weakness Ascribed Almost Wholly to Growth
and Spread of i.earkh Sentiment?Little tu
Warrant Ltpr. ?ion.
NeW York. January 14.?? .Weakness
governed the wheat markets early In
this week. Tlic heaviness was as
t i iin.li almost wholly to the growth and
Miicad of bearish sentiment. The down
van! drift was u source of surprise, es-I
1" daily to those who had bought for,
the rise. Thor? scented to be little r.
fie marKet news or statistics to war-1
i'dht depression, uiliiought it Is tiuu
Dial occasionally cable advices wore
somewhat discouraging, European
markets being Influenced by lower ad?
vices Irom Buenos Ay res us it result of
more fuvdruMilti M>atlier m Argentina;
This was";" h'Twever, partly counter?
balanced by the unexpectedly meagre
world's exports, 6,768.000 bushels,
against 9.856,000 bushels n year age.
Nevertheless, there was n limited de?
crease in the quantity on passage
The Depression Here.
The unexpected depression in our
markets. In the face of light primary
receipts and decreasing stocks, made
It evident that large holders, especially
In Chicago, were taking advantage of
i ... opportunity to un.oatL NothwiCh
rtandlng the belter weather In Argen?
tina, estimates as to the probable ex
portable surplus were again reduced,
h ing placed at 88,000,000 bushels or
lili,000,000 bushels. ,t falling off of,
roundly, 35.600.000 bushels. eompareojl
with conservative estimates early in i
December. Because of this reduction!
; :..l the strike among railroad em?
ployes, It Is generally believed that;
the exiibrta trom that country in Janu
i.ry ai.d February will be a great deal
smaller than estimated early In the'
nason. Consequently, it Is predicted
that Europe will find It necessary to'
look to this country for larger sup- '
piles of winter wheat and Hour.
A.s u matter of fact, there have al-!
i udy been fairly largo shipments of
our flour to tropical markets, in some
quarters tho downward dtift was as
i ibed to the unexpectedly big Increase
Iii the wold's available supply, 7.9'.'5,
000 bushels, against '.'.817,000 bushels a
your ago. but this large Increase was
t imewhai misleading, as it was partly
1 rough! about by the Inclusion of largo
quantities of Canadian wheat In But
Ulo and Duluth harbors. In tho opin?
ion of many traders, the decline should
create gratification. II left the market
in H healthier condition, because, while
the futures were declining. cash
markets were comparatively strong,
premiums on many grades being ad?
vanced, owing partly to the light re
celpte and the Improved milling de?
mand, as well as the greater interest
t'kown by exporters.
Thf l.r.le Movement.
In the last hull of the week the varia?
tions in wheat were somewhat unim?
portant. This war. largely attrlbut ible
to the scaicity of important orders
Moreover, decidedly potent influences
were also scarce. Doubtless, the- pre?
vailing apathy arnor.e speculators was
1 :rgei> traceable to r*w- absence of Irh
OPEN AN ACCOUNT WITH
The Union Bank
of Richmond
1107 EAST MAIN HI Rt VT.
IV.OO MAKES A START. 8 PBlt
CENT INTEREST
portant advices from Western markets,)
und especially from the Northwest,
particularly Winnipeg, it was staled
by way of explanation that the attend
.Li.cc in many markets was light, owing
to the extremely coin weather. It was
slap unusually cold in winter wheat
territory, the mercury registering be?
low 7.1.1 o over a Wide area, but forlun
ately the young plant wUs In most
places well protected by a heavy snow
blanket. Cable advices were somewhat
colorless ami disappointing. European
markets being seemingly in :i rathur
passive dominion, which was some?
what surpi Ising, In view of tile 111
slgulticaui tvoiiu's shipments and the
prospective fairly big decrease In the
quantity on passage. Tiic week's eiear
ances from Argentina were triyalj be?
ing only Ifi.oliu.uOO bushels, and all to
mill-European destinations, whereas
in the same week last year tdie total
was iCO.000 bushels, of winch tho bull;
was for Europe. j
Uesplte the almost cessation of ex- I
ports from that eouniry. tne visible'
supply there diminished materially and,
is BOW placed at only ?M.otio bushels, I
whereas a year ago ino total exceeded I
2,000,000 bushels. Tnls naturally lud I
exporters to feel more hopctul, us they,
believe that Europe will bo compelled
lo turn to this country for larger sup
1 ill of red winter. In fact, sales were
reported of SO.UOO bushels in Uaiilinoro
tor export to a rather unexpected
Quarter, namely Glasgow. Theroloie. It '
is Imagined thai oincr markets will
soon he making higher bids, ant
especially shouid freight room become j
more plentiful and cheaper, Receipts <
in our primary markets have conilnueu i
light, partly perhaps because of the ex?
tremely cold weather und heavy snow- ]
fall. Meanwhile, exports have been
moderately large and shipments into
consumptive channola moderately Uber- j
ul. and therefore it Is assumed that
j the visible supply statement on Mon?
day will show a fairly large reduction.
Quiet Movement of Corn.
Temporarily, early in tho week corn
was cjulci, with Insignificant lluctua
tioiis, although for a short timo there
\riib a slightly wenker drift, which was
I attributed lo the decidedly cold Weather
I West, which wan calculated to improve
, tin: condition of the corn, but subne
uuenlly a stronger tendency obtained,
which was mainly In sympathy with too
rising tendency in casn markets, owing
to a belter domestic and export de?
mand. Moreover, it was argued thai
the consumption would bo greatly In?
creased bceause it v ouid be necessary
to feed more freely to farm animals
because of tho remarkably cold weather
all over the West.
JTSSEHANl) CXPEAIXS.
? Feared Presence nt Peace Dinner Might
lit* Ciul.iirranaliig.
Washington, January 14.?Ambassa?
dor JilSSerand, Just :ia,.k from Panama.
' (?illcd on President Taft yesterday,
land, according to White House gos->lp.
i xplalned why :;e did not attend the
recent New York peace dinner. Jus
Isirarid. with a score of other dlplo
: mats, accepted Invitations, but, like
, them, declined at the last minute.
, The French ambassador's excuse was
' said to be that since his government
? w,,s a party to one of the arbitration
' Dreatles, 'his a.hf.'-nrr might remove
embarrassment should opponents of
I these treaties desire to discuss them
1 ?t the dinner.
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.
I Most Complete and Most Comfortable Tobacco Ware
I 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.
rmiXG voun loose leap Ton.vcco to hltciiesovs
for top notch prices and quick sales. Your check ready in
two minutes after your last pile is sold.
JOHN A. HIT TCHESON, Proprietor.
John M. Valentine. Auctioneer.
OPINION IN MARKET
SOMEWHAT CONFUSED
New York, January 14.?Quotations
moved in an uncertain way in the se?
curities market last week, displaying
1,0 dcnnltc tendency. Conditions o.Lr
ing upon the mit.ket were not changed
in essentials. The ii regularity 01
price movements was due partly to tne
serious dislocation of the machinery of
tue stock market by the burning ot
the Equitable, building and tiie Im?
pounding In buried safe deposit vaults
of hundreds of millions 111 securities.
Suspension of tl\,e ordinary rules for de?
liveries tided over the situation.
Speculative opinion was confused, in?
creased activity In trade at the end of
the year resulted in the building up
of some speculative holdings of stocks,
on which theio has bocn a disposition to
realize with tho turn of the yeur. On
the other hand tho Hooding of the
money market with funds from the In?
terior furnishes an incitement to specu?
lation. This flow of mdncy to the re
servo center haa bcon on an extra?
ordinary scale. The redundant condi?
tion of the market Is shown by the
downward course of rates In spite of
the demand for funds from abroad,
which was sufficient to stiffen foreign
exchange rates.
The Investment demand for bonds
was on a considerably larger scale
through the fore part of last weok. but
soon fell uway again in spite of somo
buying for account investment insti?
tutions. Issues of new securities In
largo amounts arc al.su withheld from
the market. The faut that the tempor?
ary note Issues are resorted to by both
railroad and luaustriu. corpo.f Hons i-'
of dubious import for the Investment
position.
Tho inflow of funds to New Yor'.w
while it Is seasonable after completion
of tho crop movements, indicates by
its unusual size the contracted com?
mercial requirements. Reports of rail?
road earnings in a number of cases
were unusually unfavorable, tor
these reasons tho large Increase In
unhltcd orders of the United Stuten
Steel Corporation on December 31 was
less of a factor in marking up prices
of stock than It otherwise might have
been. The gain of 353.000 tons In Do
comber whs nearly double preliminary
estimates. The severe cuts in prices
which were made to procure these
orders are well known. The decrease
of 32.330.000 pounds In stocks of cop?
per, on the other hand, was no larger
than had been looked for.
Political and labor disturbances in
France and England wers responsible
for some reflected pressure on the New
York market. Expectations for tt.o
steel Industry of tho country are pre?
dicated partly upon the export de?
mand and events abroad thus have
added significance. Scarify of ocean
carrying space and high freight rat - a
testify to the thriving state of foreign
trade.
ACTIVITY PROMISED
IN COTTON MARKET
New Orleans. January ?Tho cot?
ton market during ihe week promises .
lo ho activo und Interesting. At ihe
close of the past week there was some
talk of a reaction from tho long ad* |
vance. und 11 Is expected thai bears
will try to cause liquidation of some
of the long cotton accumulated since
tile hulls became active.
Monday ends the present period In
the last ginning report issued by the
Census Bureau and prices probably
will be affected by private bureau rc- j
ports.
The next Census Bureau report will I
ho Issued Tuesday week und will be
th,. last of tho semi-monthly ginning
reports this season. Consldi rable un?
certainty is expressed as to tho na?
ture of this report.
An Important part during tho week
I
probably will be played by the labor
situation, both In Lancashire und
Massachusetts. Cables late lust week 1
forecast tho settlement of the Lan?
cashire lockout Mon lay, and such a
settlement would benefit the bulls ma?
terially.
Interest will be manifested in the
spot market because of the strong spot
demand of last week. Bears claim |
thai much of this demai}d was due to
tho tilling of first half Jnnuary ship- j
inents. while the bulls take exception
to this theory.
Tbc weather probably will bo a fac?
tor of Importance i>?eauso it huii been
unfavorable for some- time. A change
for tho good would assist bears, while
a continuance of present conditions
would benefit the bulls.
KELLOCG MAY GET
DIPLOMATIC POST
Washington, January 11.?President'
Tan tins lohj members 01 the Minne?
sota delegation In Congress that he
would be glad tu appoint Krank B.
Kellogg, <>f St. Paul, who represented
tin: government in tho suit against
the Standard Oil. to an Important dip?
lomatic post. The President, in hist
talk wit), .Minnesota Republicans, lias
nut referred to any particular post.'
At present ii?c ambassadorship at Paris
Is the only one of importance open,
and It I? learned that tins place will
be tilled by advancement within the 1
service; possibly by the transfer or |
Lars Anderson from Belgium. The'
general Impression Is that -n the shift
an appointment to one of the European
capltais will be offered to Mr. Kelloyg
if h..- desires to enter this field.
It has been Mr. Kellogg's. ambition
to be appointed to the United Stales
Supreme Court, but It is known that he
is absolutely out of the running for
tile vacancy created by the death of
Associate Justice Harlan.
DISPOSING or RELICS.
llonrd Will Pumn on Requests for Psrts
or liiittiewhip Maine.
Washington, January 1 I.?To dispose
In an Oraerly manner of t.io many ap?
plications that are being made for
relics of the old battleship Maine, soon
i to be removed from Havana harbor, a
board consisting of Lieutenant-Colonel
lid ward Burr, corps of engineers,
United States Army, and Commander
kichurd IL LMgh, United Stales Navy,
has been appointed to receive and pass
in a preliminary wuy on all requests.
I The mast of the Main.' is to bo
j erected in Arlington National Ceme
1 tery here. The foremast, which Is now
i at Governors Island, New York, is still
subject lo disposal. Havana will be
i given any part of the wreck it desires.
I Under the special act of Congress,
the remainder of the wre.-k not needed
I by the United States may he. d?natid
by the board to any municipality,
i military or naval association or to the
I former officers and crew of the old
! Maine end to their heirs, providing
! tho relies will be properly cared for
and the government put to no expense
Adopt ''Right Living-" Code.
Puns. January H.?t'i ench tocltly has
i adopted the tcschlnps of Mrs. a. Chelncy,
i rssldeol of the "Right Thlnklng-night
I Living" cult la thr United ^tntej, and its
members are sceklnR perfect happlncus ?n<i
', life everlasting. Mrs. Chelncy came here
. i" Ipread here doctrine. Women phtloso
j pht-r*. Disciple* of Bahatam, Christian
I Scientists and others rallied to her. and the
I cult has made ivolndorful progress. "Live
rl?ht and you will never crow old" le the
, new fillth.
RUNAWAY ENGINE
CHANGES ROADS
Minncapoiisti Minn., January 14.? |
Traveling for thirteen miles without
a suld'ng hand, during which time it |
?witched from one road to another, j
Normern Pacific engine No. 2:547 came
to a stop at Cedur Station without
harm to itself or other trains.
The engine started In sonic mannet !
unknown at Norihtown Junction, and,
rushing northward, hit the ewitcii ten
miles further, whore it whs thrown
over to the Great Northern tracks,
upon which it proceeded.
Soon after the runaway started, an-1
other engine was maned ami the
chase began, lr.it the pursuers kept to
the Northern Pacific tracks, not think- i
tug the engine could have changed
roads. Shortly afterward word was
received that the engine had stopped
ut Cedar Station, three miles out on '
the Great Northern line.
Itaiiway officials declare it extraor?
dinary that there was no accluent. as
the traffic on each line at that time |
of day usually is heavy.
DRY GOODS REVIEW
New York. January 14.?Although
raw cotton has heen tending upward
during the week it has been difficult
for cotton goods traders to Induce
much activity. A moderate improve?
ment is cited In many houses, yet
prices are so close that mills are
complaining. All Items have been ad?
vanced a quarter cent a yard and sonic
lines of 4-4 bleached cottons have beon
ndvonced. and are selling moderately j
at the new prices. Out of 150,000 pieces
of print cloths sold at Fail River dur?
ing the week, about 05,000 wore f<e
future delivery, the balance spots. The
? revision In printed shirtings has been
I completed and a moderate buying Is
' under way. D?ring this week thu
large handlers ol cotton blankets and
other napped cotton fabrics will dis?
play their new lines and will price
them toward the or.d of tile week.
Miscellaneous export trudo continues
steady, with Red Sen, India, the Phil?
ippines, Central American and South
American ports buying steadily. China
trade is dull, but the prospects there
are considered good because of the
light Blocks of low cotton and other
factory which will have influence when
the troubles of a political nature arC!
cleared up. Yarns are firmer, and
buyers of underwear and holsicry ore
operating more gem rally. _
[F Virginia Trust Co.
Acts as Executor and Trustee.
1106 East Main Street,
RICHMOND, VA.
CAPITAL ONE MLLI?N DOLLARS
Saasas is a "??.wshhs i 1 r?--r
StcfailSSOfl-Anderson Expedition
Mas Been in Far North
Three Years.
NEW PEOPLES FOUND
Many Times Members of Band
Have Faced Starvation in
Name of Science.
(Special to The Times-.Dispatch.] ,
New York. January 11.? I'rom the
l"ur North, in the neighborhood of Cor-1
onatlon Gulf and Victoria Island, have!
come messages from Stefansson and|
Anderson, leaders of the Arctic cxpedl-j
lion now making a lour of exploration
for the American Museum of NaturalI
History and the Geological Survey of'
the Canadian government,
"Wo have covered the last mile geo?
graphically that we set out to cover,
and have found what we set out to
lind?a new peoplo. more numerous
than any one thought possible." says
Mr. Stefansson. in his reports forward:
(j from the expedition's headquarters
cii the barren grounds of Upper Dcuso
River.
The Slefunsson-Anderson expedition
has been absent from New Vorn fop
ubout three years and hu? covered a
region comparatively unknown and
hitherto unvlsited by white men. Sev?
eral times the members of this band
have faced starvation.
Most interesting perhaps of their ex.
ptrlcnces arc the discoveries of sev?
eral races of "now people.'" and ruin?
ed villages formerly occupied by Eski?
mos and apparently abandoned from
twenty-five to fifty years ago. The
inhabitants of thgBe vlllugcs engaged
In whaling Judging from the bones of
whales scattered about.
At Cape Bexley last May the explor?
ers came upon a village of about lorly
snow houses, which apparently had re?
cently been abandoned. Hied trails
leu north toward Victor-la Land, which
is visible across the strait everywhere
cast of Point Wise.
"As the explorers of the last cen?
tury never tound people ncur lure, 1
suppose village und tra.l evidence of
visits of Victoria Eaod peohle, who
hau come across the strait lu get drill
wood," says one of the expedition
parly In an account of the irip. Later
the expedition U.scovcred another vil?
lage ih tile snowy region of the north,
anu people out seining in trie middle
of Dolphin and Union Strait.
One of the inessengors of ihe expedi?
tion approached the newly discovered
people, anu aticr a narrow escape. o[
being knifed by one uf the party,
Iriendiy negotiations were undermnen.
There were th.rty-ninc members of!
the group, a small part of ine A-Ku
Ll-A-Kat-Tag-Mf-Ut. According to the
employers neither they nor then- fore?
fathers ever had seen a white- man.
The winter home of tln-sc people Is
lu Hie middle of the strait north of
Cape Bexley, but In the summer they
hum Inland south of the cape.
It was discovered by members of the '
expedition that of the t.uu? h'sklmos
on the two sides of Coronation Gulf
und Dolphin ?ad Union Straits, not
more than twenty men ever had neun
a white man, thus representing less 1
contact with the White race than the
people of any other part of the ex- ?
plored Arcticts.
The Cape Peary region, full of game,
sixty years ago, is now gaiueless, and
deserted and the copper mine region ,
has not 10 per cent, of the number
of caribou of Illchatdson'F time. It is
estimated that in ten years H will be
practically impossible to live on the
country while traveling In these re?
mote wilds. I
In May, Stefansson crossed over to)
Victoria Land, where he discovered a
Scandinavian-like people called the ,
lla-Ne-Rag-Ml-Ut. They are described
as n North European people. One of I
the Alaskan Eskimo guides said In ;
commenting upon their appearance:
"They arc not Eskimo; they arc
fo'c'sle men. Two of them had chin
beards described as light and turning
to red. and all had light eyebrows."
Specimens of rich iron ore from Vic- j
toria Eand. north of Cape Holey, have!
been gathered by the expedition, and |
copper is picked up frequently by the ,
natives In the Coronation Gulf dis?
trict.
Mr. r-tefansson spent several months
on the lower Horton River, and about i
the same time on- the Coppermine. Ho
thinks that the Horton River Is fully
as large a stream as the Coppermine.
A survey has been made of Horton
Hlver from the nearest place, l.ang
ton Bay, to within seventy miles ol
Btar Lake. ,
It Is the present plan of the expedi?
tion to remain in the field another year
luccause of the great opportunities for
the pursuit of their work. That there
is a possibility of Franklin's men hav
thg survived for a time Is suggested
in the evidence at various places of
people bearing the names of white
men. In most of the communities some
of the natives arc named "Nerk, ' j
which, trannlatcd from Eskimo to Eng?
lish, is ? Ned."
HAS BRYAN PICKED
SENATOR KERN?
(.Special to The TIrnes-Dlspatch. |
Washington, January 11 --Although
William .1. Bryan was so affable to
Gcvernor Wilson, of New Jersey, at
the big Jackson Day bonquot last
Monday night, most wise Democrats In
Washington seem to think no would
rather see somebody else as the Demo?
cratic nominee for President. A good
many political prophets who are not
? Ithout honor in their own country
predict that Bryan has a leaning toward
Senator Kern, of Indiana. Mr. Bryan
and Senator Kern are very intimate
Indeed, and during the Nobraskan's re?
cent visit to the capital, they were to?
gether a. good part of the time. Sena?
tor Kern was a6kod to-day about the
report that Mr. Bryan favored him and
Senator O'Gorman as tho Democratic!
standard bearers. He said ho did not
care to talk about the matter, but1
thought Mr. Bryan had not inudc any
selection ns yet.
It Is known that Mr. Bryan con
err. President Taft as pretty strong
with the Cathollcu throughout > the
country, despite the fact that he is a
Unitarian, on account of his attitude
on tho friar lands question in tho Phil?
ippines. So tho mention of Senator
O'Gorman as a vice-presidential pos?
sibility is tied up with the Indlsput
jablc fact that ho probably would of
Judge a Man by His Associates,
A bank by Its directors and officers.
oy iticimoxn, v.\..
With Capital and Surplus of $2,000,000.00.
OreunUfd ISU5.
Invites your consldcratlo . <?( the men who manage Us affairs, believing
that your best I turesta arc scrvej when you open an account therein.
DllllXTOltNl
II. I* Cabell,
T. M. Carrlngtoh.
S. Dabney Crenshaw.
A. U. Christian.
Cha rl jb Da ven port,
O. a. Davenport.
John C. Easily.
O. II. funs'.en.
John M. .Miller. .Ir.
JOHN B. PCTRCI3L.ii. President;
J : .M. MIEDET.. .III..
Kit I DEHICN !?!
CM AS. R
J C
Frederick E. Noltlng,
John U. Purcell.
T. -M. Ituthtfrfoord,
E. A. Si under.", Jr..
F. Sltterdlng,
I. Stern.
A. i.. Williams,
Henry W. Wood.
Colenian Worthutn.
UFKICEIISi
Vlce-Prcsldent and Cashier.
NOLTING. Vlee-Preslrt >nt.
EC It NETT, Assistant Cashier.
JOPI.IN. Assistant Cashier.
\V 1'. SHEET?N, Assistant Cashier.
AI,EX F rtVliAND. Assistant Cashier.
for it strong bid for the Catholic! vole.
The Xebraskan Is also said to believe
tbut Senator O'Gormah could carr.v
New York State, and that New York
und Indiana in the Democratic column
would help a wholo lot.
StlnrUic Cttp iACsnitb
GALEN HALL
Hotel and Sanatorium,
With Us elegant comtorts. Its tonlo
and curative baths and superior table
and sorvlce, is an Ideal placo for fall
and winter. Always open. Alnravs
ready. Always busy.
F. I.. Youaa,
Genera! y>r?za
_Atlantic Cltv_
l?Otfl?
Table dTIotc Dinner* Saturday
and Sunday cveningn, U to 0 o'clock.
M.SO each.
THE JEFFERSON!
Richmond, Va.
Tha most magnificent hotel In the ]
South. European plan. Rooms single i
end er. suite, with and without baths
Spacious sample rooms.
Its to. SI.50 pr-r dsv anj upward. I
The Confederate Museum
TWELFTH AND CLAY STREETS
OPEN 1 A. II. TO i P. iL
Admission. H6c. Kreo on b.itjrdayi
The Valentine Museum
ELEVENTH AND CLAY STREETS.
Open tally from 10 \. M. to I P. M.
Admission. *6c Free or 'Saturdays.
Rictunonil.Fredericbli'E & Potomac H. R.
TO AND FROM WASHINGTON AND BEYOND.
Leave Richmond
?4.60 A.M. Iljrd St.Sta.
??'?.13 A.ll. Mala St. am.
?S &.I A.9. Hyrd M.SU.
r7 1 I A.M. lljrA MU St*.
?7.48 A.M. Main Bl. Sts.
?i.i i A.M. Bjrd St. hta.
TO.aO A.M. Main Nt. Sta.
i -.01 noon II) ti St. M*.
12.(10 P.M. Ilyr? St. Ma.
13.5(1 P.M. Bjrd St. Sta.
(4.16 P.M. tlltia Station,
??i.IS P.M. Main St. Sla.
?H.jjlU'.M. Brrd St. Sta.
Arrtvo ltlohuioud
?7.60 A.M. BirdSt-SU.
(I 1.115 A.M. Libu Stallen.
Tl 1 ..[ > A.M. II) id .SI. Ma.
?l;lf I'.ll. Matnht.riia.
?*.*?% P..V Bjr? Kt.Sta
t060 P.M.BrrdSt.Ht*.
?. ..5 P.M. lljtast.Ma
iS.IOP.M.MalnSt.Sta.
?11.10 P.M.K)rdbt.nl.
*U.!i- P.M. MalnKt.Kta
titled I'.M.Iljrd St.Sta.
'H.nO F.MJ 3iiln.Si.Sta.
?l-.'.au night It; rdSt.Si?.
ACCOMMODATION TRAINS?WEEKDAYS,
f.eare Bird St. Sta. | ."0 P. M. for Frtderlekibsrr.
I.eafe Elba Sta. K.iO A. K..0.30 P.M. for Aahland
Arrlre B/id St. Sta.8.26 A.M.rrom Predrrlet?b'g.
ArriveKlbaSta. fl.30 A.M..AJ0 P.SI.froni Aahland.
?Daily. IWeekityi. 'Sundays only.
r Dally except Monday.
All traina to or from Byid btrcet Statioo
except trains leaving 4.50 a. m., 5 50 n. rrt and
arriving ?50 night) atop at Llba. Tima of
arrivals and departures not guaranteed. Read
tho ni[;n?.
Richmond & i elersburj J.aclric Kaiiivay
ears leave Manvtiester. Seventh and I'erry
Streets, toi Petersburg:
??. 7. S. ?9 10, 11. *12 A. M . I, 2, 'i. ?, S.
??4:4J, ?6. 7. i, ?? 10 P. M.
11:00 P. 10.. for Chester. 12:00 midnight for
Petersburg.
Cars leave Petersburg, foot of Sycamore
street, lor Manchester:
ti:li. 6:35. "J:li. *7-.^. S:SS. 9:15. ?10:15. ll-.JS
A. M , 12:31. ?1:36. 2:3i. 3:35. '?Iii. i:3i, 0:3*
?7:li. S:36. '10:4a, 11:10 I'. U.
tUaiiy except Suuday and houday*.
?carries 1 j.-..; 1 ? and oxpreaa.
"Limited, except Sunde,? and holidays.
All cars from Peierauurg connect wltn
cars lui nlchmond.
NOlti OLK AMI IYBSTKKN RAILWAY.
O.NLV ALL KAIL Ll.^ri TO Nullt uLK.
Schedule in effect January 1st, 191.'.
Leave Hyrd Street ,S:anon. Hi tim..nrt, t'Olt
NOltKuLK: ??:") A. M., *3:0>J P. it.. ?l:.0 I'. M.
FOR LVNCHBURU AND THE IVBST: *C:Ij
A. Mi, ? 10:00 A. At., '3.1-0 P. M..'?:2? P. M.
Arrive Hlchtnond from Norfolk: "11:40 A. M..
??:3? P. M.. '11:30 P. M. Krom the West: ?0:40
A. M.. altOO P. M-. bl:40 P. M.. '6:05 P. M?
?i):0o P. M.
?Daily, a Dally es. Sunday. hSunday only.
Pullman Parlor and Sleeping Cars.
W. Ii. REVII.L. C. II. BOKLBY,
O. P. A.'-, Roanokc.. l>, P Am Richmond.
RICHMOND AND C II KS AP KAR It UAV
RAILWAY COMPANY.
Schedule of electric traina to and from
Aahland. stopping at Intermediate station!
upon signal: Lv. Richmond (Uroad and
Laurel Sis.): ?0:00. *7:10. S:10b, 9:10. "Iu:10,
ID'S A. M . 1:10. 2:10. 3:10. -1:10b. i:10. 6:20,
7:1?, s:10b, 10:10. 11:(6 P. M. Lv. Aahland:
??:?0, 7b. S. ?b. 10. A M . *12 H.. ??!, 2,
3, 4. 5b. 6. 7. 8. 9b. tl P. it.
?Dally except Sunday "Sunday only.
bCarries baggage.
Your January Dividends in our
Savings Department draw 3 per
cent, interest, payable on demand.
Bank of
Commerce and Trusts
Virginia State
(FiRE)
INSURANCE CO.,
Organised 1866
Main and Fifth Phone Madison 4000
? Visit the new banking offices
of our Broad Street Branch, 102
East Broad Street.
Commonwealth Bank
National Bank ol Virginia
Ur-ilal, - $1,200,000
Surplus. - $ 600,000
Accounts solicited
Ninth and Main Street
South Richmond people should
avail themselves of the banking
privileges offered by the
Manchester National Bank
Uaflroabs
SOUTHERN RAILWAY
PREMIER CARRIER OK i'HcJ SOUTH.
Trains Leave Richmond.
N. e. ? Following schedule Bgurea publish?
ed as Infoi motion and not guaranteed:
For the South-Dally: c:l0 A. M. Local.
10:46 a. M. Exnrrse. 4:00 P. M. Express,
with electric lighted Sleeping Car for At?
lanta and lilrmlngham. 11:46 I'. M. Express.
Week Days. Z:1<j P. M. f^ocal.
YORK RIVER LINE.
4:30 I'. M.?Dally.?Connecting for Bal?
timore Mon.. Wed. and Friday. 4:00 A. M- ?
Ex. Hun. und J;15 1'. M.?Mon , Wed. sad
, Friday?Local.
Trains Arrive Richmond.
From the Sjuih: t.10 A. M.. 3:10 A. M
J:<M P. M . ? 05 P. -M.. daily; li:Jo Ex. Sur.
From Weil Polri?! 5:20 A. M. dally. |1;H A.
M.. Men., We. and Frl.. I :X r. M; Ex. gun.
b. E. BL-KGESF, D. P. A..
W7 E. Main 8?. '1'liono Madison JJt
Chesapeake & Ohio Railway
1:?? A. ? i-v.->.? Djii> ? Nett nort Newa.
?-.:o A.?Local-Dally?Ch'vllla. Ex. Hun.
Thurmond
ts:*W A. ? fc-xp.'e<> ? Dally?Nor/oik, Old r"olnt
U0:09 A. ? Localf-Daltj ? Lch -?g, Lrt. C. Fora?.
?S:0y P.?EapresianUally?..in.-LWllla.
14:00 P.?Express?Daily ? Norfolk. N. Newa.
b.vi P.? LiiiU, ? Dai.y?N. ictvi, o.d Point.
&:!? P.?Lo< a. ?Dai:> ?Oordunavliit.
i lo P.?Local?Ex. Sun.?Lchhg, Natural
Uroige. Ullilon Forge.
?6:26 P.?i-iin.g-a?Dai.y- .'i.ux'il Chl'go.
?11.00 P.?Bxpr?*t? Dally?f'oclunat:. L'vllLa.
?ril^eperi. IPjrlor Cars.
TRAINS A Rillt E ItlChilOND?Local from
Earn: Sill A M , 7:00 P. M. Through from
Ka>t: 11:30 A. M.. t:So P. M. Local from
West: k:3o A. II. i:U A. M. ajid .:V> V. it.
ThroUKh: S:20 A.M.. 2:26 P. M. nnd 3:30 P. M.
Jamoi River Line: ***:I3 A. M . 6:10 P. M.
?? Du:)} except Sunday.
SE3A1IOA.RD Alll line.
South 1.0und trains scheduled to leave
iRicninonu daily: u.io a. m.?Local to
Noriina. 1:20 P. M.?Sleepers and
coaches, Atlanta, Birrning.iain, .Savan?
nah. Jacksonville. p. m.?Florida
Limited texcipl Sunday), i?:12 P. if,?
Sleeper, Jacksonville coaches, Birming?
ham. 11:35 P. m.?Sleepers, Jackson?
ville. Tampa. Birmingham. Memphis.
Northbound trims scheduled to arrive
In Richmond dally.: 5:3-j A. M.. 7:38 A.
M., 9:26 a. m. (except Monday); 5:05
P. M.. 6M0 I' M., r.ocnl.
fercfliitboartf
OLD IIUJIIMUN LINuT^
L?. P.lchmonu Ioji 01 Asn Ul. Oany .7:00 P.a.
Leave Newp^ri News.6:00 A. M.
1 Arrive Norioik.C:WA. M.
Connects iv.th main line atcainera louring
Nortoik lor .set* lork dully vxceiu Sunday
i:vo P. M. t'Olin-ICtlons j.il> .iiadv by n. &
I W. Ry. 2 P. M. i.ud C. & U Ry. at 4 r. 3d.
Night I,nit- au-Hiiiria atop a Claremuol to
land or lecttive p&frsengci'a on aignul. acj
I will b? met ay ue conveyance.
I vi Rill MA NAVIGATION CO.-Jamea nirar
by daylight for Norfolk anil Old Point. New?
port News and all Jo inns River landings.
Steamer leaves M Wednesday 1 d
Frldty at 7:00 A. M. Frelgbt received fas
all James Itlver landings. Phun.-Madison 174.
Miiln l lf Let Office, 12! e. Uiilr. ItreeL
! "Ask Mrc Bowman"
About Bermuda, Cuba, Panama, West
,Indies, South America. Mediterranean
and Orient Cruises. The only agency
representing all lines. Hotel and Pree
Information Bureau.
Samuel II. Ilowmnn.
Southern Touri3t Agent.
WHITE STAR LINE
NEW YORK?PLYMOUTH?CIIEIinOUIt??SOUTHAMPTON.
FAST MAIL UOUTE TO ENGLAND AND THE CONTINENT
The Large*! ami Finest Steamer In the World.
&? "OLYMPIC" mim*
French ? In Carte HcMnnranl. Turkish nnd Klcetrlc Rath?, SvcJin<alng
Fool, Four Elevator?, Gymnasium, Veranda Cafe.
Palm Court, etc.
Will Sali Front New York
Wednesday, January 24, February 21
and Regularly Thereafter.
WHITE STAR LINE. . - 0 DRO.tDWAT. N. Y. I
Or Local Airenta. j