The times dispatch. [volume], February 12, 1912, Page 8, Image 8

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

Image provided by: Library of Virginia; Richmond, VA

                
UNUSUALLY ACTIVE
IN COTTON MARKET
General Buying tor Both Long and Short Ac?
counts Predominates Over Pr fit-iaking or
brtkh hedge Selling.
New Tork. February 11.?The past
week In tne eotion market was the
most active witnessed since early last
spring, or during the early part of the
summer, when there was much bullish?
ness, General buying for both long and
short accounts largely predominated
over profit-taking or fresh hedge sell?
ing against the crop on each day of
the week, but It remained for yester?
day to develop the greatest activity
und the sharpest 'bulge in prices. Tills
m?de It a rather exciting day, with
the price going up to between 10 3-Sj
and 10 1-3 cents for the .May and July
option, the highest reached since the'
eaily part of October, when the tlrst j
impression began to be formed regard- j
lng the bigness of the crop.
The total transactions yesterday
were estimated at over 700..000 bales. I
as against about 1,000,000, the biggest;
day's business handled on the.exchange |
during slimier bursts of activity early
lust summer. The Liverpool and New
Orleans markets were active through- :
out the week, ami equally a? strong, i
with prices, If anything, leading our
market In the advur.ee. but trading in i
neither place Is near as large as on
the New York Cotton Exchange.
Tbc tils Advance In Prices,
The total advance In prices the past !
week from lust Saturday's closing up I
to the highest of yesterday, figures
out between 43 and 46 points, ugulnst
41 points the previous week, and 30
points the week before that, thus mak?
ing a total rise of over 100 points in
three weck6. or f? per bale. Thc'March
option went up to nearly in 1.4 cents
In yesterday's rise, while May sold at
10.38. July 10.48, and August 10.13:
against 10.39 and 10.48, the high prices
reached for October and Doce-mber de?
liveries of the next crop, the planting ;
of which In the extreme Southwestern
part of Texas will commence at tho
end of this month. From the extreme
low level reached on December 12, ?
prices are up 166 to 170 points, or I
the equivalent of 58.60 per bale In this
market. Liverpool and New Orleans
have gone up about !: to J1.50 per
bale more, and this still makes the
New York market the cheapest
of the contract markets, while Liver?
pool is much the highest. At the
same time the Southern spot markets
have followed the rise in both New ,
Orleans and New York throughout the 1
week.
As a matter of fact, prices at the ;
principal Interior and seaboard recelv
lug points are still so much above a }
normal parity that .no cotton can bo I
shipped from any of those points at '
present and delivered here on contracts
that would show a profit on the pre?
vailing differences of either above or'
below middling, it has been this pc- 1
cullnr situation which has put the I
bears or shori sellers In the local ?
market In euch a had position. They
have been frightened Into covering
throughout the week, and made It easy
for the leading bull Interests to ac?
celerate the advance by continuing
their aggressive buying of the last two
week!1. Thus their predictions made
over a fortnight ago that cotton would
j sell nt 10 1-2 cents before February
I 15. have boon realized. They arc now
i predicting n further rise of 1-2 to 1
cent before the present movement etil
I mlnates, while some of the more tn
thuslaettc bulls are talking of 12 ami
' 13 cent cotton ugalh bet?re the May
: a:u! July options expire. The result
of all this bus been to drive in tho
shorts and convert most of the local
and southern be;?^ of the last sev?
eral months ovei io the bull side.
Tbe Market'? Problem*.
Under the circumstances. It Is Im?
possible tor any one to predict w'th
any degree of assurance how far the
present excited speculation and general
huylng movement will carry the price
above what the legitIninlt supply and
demand conditions would seem to war?
rant. Very few experienced cotton
men In the trade thought as lute as
two or three weeks ago that cotton
could be advanced to the present level
so early in the season alter such a
record-breaking crop as over 15,0110.001'
bales of splnnando cotton, with over
5,000.000 baits of the American prod?
uct in the world's visible supply at
present, nnd over 1."00.000 bales ad- .
ditipnn] In the total world's visible.
Slippl|cc of all kinds of cotton. In
fact, the present visible supply fig
ures tire the largest on record for'
tills time of the year, und it Is very
seldom that such heavy weekly In
cn uses In tne amount added to the'
visible are witnessed, If ever, from the
cotton still coming forward from plan- ,
tdtlohs over the world's splnneiE' talc-'J
Ings In February. When the rise was
startod a mOnth ago from 0 1-4 cents,
under the leuderslup of the McFaddens,
It looked like a manipulative move?
ment, but no such operations could
ever have been maintained with suc?
cess as during the s0-polnt rise of tho
last two weeks, in thu face of such
tremendous activity and heavy realiz- ,
' lng.
Will the Hi>e He Continued f
The absorption power? of the mar?
ket from fi 1-2 cents up to 10 1-2 centt.
save Bimply been so remarkable that
the action of the market and th** char?
acter of the general buying at Liver?
pool and New Orleans, as well as on
the local Cotton Exchange, has re-I
futed thoso statements. No one can
truthfully say there is any scarcity ,
of cotton with the existing record- .
breaking visible supply figure::, und \
also the fact that over i.000,000 'bales'
of the crop stm remains In the South
to come forward before the cotton
year ends on August 31. Hut will ihe
buying movement for both spots and
futures continue, sufficiently broad from
the present high level to sustain the
advancu ut:d carry the price stiil
higher?
This 1b the problem which every-on?
in the trade |s now discussing, and
on which the future stability of the
markets will depend for support In
maintaining the present bull movement.
Very few now believe there will lie
little. If any. reduction from lust sea?
son's record-breaking acreage for the]
new crop.
KEEN EXCITEMENT
IN COTTON EXPECTED
Now Orleans, February 11.?Keen ex?
citement is expected lo be manifested
In the cotton market during the coming
week. Either the bull clement will con
limit- to control the situation o" tho
reaction, which many have 'predicted,
will be brought about In cither event
iho result probably will bo an excited
market,
it is contended that efforts of the
buils to bring about higher prices, If
successful, will result In covering by
?ihori Interests; at the same time It Is
believed strong shorts will enter the
market with new short lines, and that
the bulls will have to light ijr every
point advance they gain.
In the event of ti reaction, tho opin?
ion prevails, that the entire cotton
world win. In tho vernacular of the
ring. "Jump on tin: market with both
feet."
Thu bears predict that the move?
ment thla week again will ibo heavy,
anil that spinners- takings must fall
off, with the result that the visible
supply will show a marked increase.
Statistics. In the opinion of many,
continue to grow more bearish, and
in the end will he a powerful weapon
In the hands of the bears. The short
side Is generally conceded to be cowed,
however, and it Is thought it must
meet with a few successes as eiicoiir
ugoment to put forth it* entire
strength.
Interest will continue to be mani?
fested in the weather map, as the early
planting season is near at hand.
DRIFT IN WHEAT IS
SLIGHT LY DOWN WARD
General Liquidation Causes Erratic Fluctuations.
Cable AovicdS Encouraging?Corn Declines,
but Lat r K. c >vers.
New York. February 11.?Som* fever
ishuess attended the speculative opera?
tions .in domestic vvhjai markets early
in the week, in the Judgment ?1 ex-|
perlenccd traders, the erratic fluctuu-?
Hons Indicated plainly active itqulaa-j
tion for both accounts. In the main,
however, the drift was slightly down- I
ward, which suggested that large Chi-i
??ago holders were taking advantage
eif the strong situation to sell. This
was considered a tavorable feu lure by
unbiased dealers, who argued that who
j-Ituatlon would be made health! -r
thereby. Naturally some small holders
for the rise were disappointed over the
action of the market, as they ilrnily
bellevid that bullish factors were stun?
den lly numerous to warrant decided
strength. For one thing, cable lid
vice, were encouraging, Europe tn mar?
kets being largely Influenced by high :
advices from Eucnos. Ay re's, a." a re?
sult of tiie s.pread of labor troubles in
Argentina. Consequently it was the
general Impression that II, ? week's
exports from that country would again
be smai! Uost week's shipm .-ins from
all quarters other than Nor;h Aim r
lea were small, so lhal the world t>
total was only T,7i..(i'."J bushel;, against
10,700,000 bushel.- a year ago llesldcs
th. labor troubles in Argentina, ? x ports
from there wen hindere:] somewhat by
l?irl? Mii\rim-r>i ,.f frier?.
Early In the week the weakness was
partly attributed to tht disappointing
reduction In thi visible supply and to
a surprslngly sharp break in l^nrls It
was subsequently stated that tin- w. ak
nps> ther^- was caused partly iiy ah
effort to induce the Kovermiicni to le
ditt-c the. Import duti -H. I 'i ?! I:- - ?
it wait said that the govtriimihl was
contemplating ofllciai action pre
vent manipulation for an nilvahe*.
which it considered unxvnrrantcd Af
t-'-?
OPEN AN ACCOUNT WITH
The Union Bank
of Richmond
1107 EAST MAIN SI RE VT.
f. 04 MAKES A START J PER
CENT INTEREST
tcrwards Paris turned stronger, wheti
ii was announced thai the government
hud refused m reduce the duly.
It via:, alleged that Prance was. In
urgent need ot prime grades, which
It would probably have to secure in
Australia or here, in view of the poor
outturn In Argentina. It w;is rumored
that our exporters had received fairly
large orders for red winter, but, un?
fortunately, limits were ICjlVj cents
loo low. There were no important
changes in the domestic situation, the
receipts at primary points continuing
light, while shipments Into cotiAumpt'vu
Channels, ? iihcr at home or abroad,
were moderately large. Tili? weather
waj cold throughout the West, and
in son) ? parts pi "inter wheat terri?
tory snow protection was lacking,
I,nie '. iiscltlemciii.
I.ate in tin.- week the;-,: was further
nervousness and linsetileinent. Tu a
. - ?* * * s t cd nervousness among scalpe.t,
mid room traders, resulting In spirited
ll.jui latlon lor both accounts. Occa?
sionally then were periods of weak?
ness. Indicating tint holders were In
cilncd t-> utiloail. Subsequently .???mall
rnllie? oc ittr d, which were ascrlbo*
10 ahi>l t seile I'll tailing prollls. It wn.?.
on the Whole, largely a professional
market and .1 ronicwhut .-mall afl'a'i
lu the iiuiln, as Indicated by the iia'1
I rownoss of tin lluoliiu tlons. There
( seemed to b .t\> absence of influences
Hulllcielitly potential io warrant a wide
swing cither way. Temporary weak?
ness was caused by reports that the
strike in Argentina had been .?lllclall-y
declared "ff Afte'rv/.irds this was dt
11 led, .nil as .1 result li.ienos Ayres
turned stronger. N everthelol'f. ex?
ports' from Ai'gt'iiiiua for the wet k
v.otv slightly larger, although light
.:- compared with .1 year ago. namely,
f,0U0,a?>'l bushels, igalhsl i.L'OS.iiuO bush
, Is. Meriuwhlli ilii re wii 1 n fairly largo
[increase In Hie visible supply lint,,
I Iho total m?y helhti '.'.nnl.uoo bushels.
'against 3,I!C0,. Iiuslieln a year ige.
Momentary llrmn was caused part
! lb by reports) of unfavorable crop pros.
|,,e?ts It, Tram., wlier? there was .,
spread of weeds and premature growth.
, It was r'oported that exporters woi
In receipt ot fairly lurg-- orders for
ie.i inter wheat und also Man'toba.
inn as a rule thclr-liiuit* were too low.
taking into consideration the high
-
Headquarters for Highest Prices j
for Sun-Cured Tobacco
HUTCHESON'S LEAF TOBACCO WAREHOUSE,
Corner Sixth and Cary Streets.
Richmond's new Tobacco Warehouse. Reinforced concrete |
building. Strictly fireproof. Fine stables under the house. I
Comfortable rooms for farmers. Largest floor space and best
lighted house in Richmond. This house has led the market
this season in the sale of SUN-CURED TOBACCO, both as
to quantity and price. The figures show it.
JOHN A. HUTCHESON,
Owner and Proprietor.
rates aslt id for freight room, wh'ch is
scare, bate advices trom'Buonos Ay re*
showed a stronger tendency, and It whs
evident that short sellers were nervous, |
owing partly to ths poor grading.
Ill the West the weather has been
exceedingly cold, but tills has created
little apprehension excepting In winter
wheat territory, where there is insuf?
ficient snow protection. Nevertheless,
crop advices have been generally sat?
isfactory. It is too early to form any
trustworthy opinion. Receipts at pri?
mary point? continue light, while
therr have been moderately large with?
drawals for export or Into consumptive
Channels, and hence a fair decrease Is
expected ill the visible supply.
I.'orn and Onta.
Early In iho wosk corn sagged to <i
j slightly lower plane, largely because
holders for the rise woro Inclined to
' unload, prompted partly by the fairly
heavy receipts at primary points. At
the decline important conlmissl.on
houses began to buy freely, and all ot
the early loss was quickly recovered.
Buying was stimulated partly by strong
cables and an excellent domestic and
export demand. It was stuted that ?ex?
porters had received big orders for
March shipment, but business was hin?
dered by the high prices asked and the
scarcity of freight room.
Oats hovo been exceedingly strong,
as the cash demand has been active.
Supplies were comparatively light and
I concentrated In strong hands.
BUT LITTLE MOTIVE
POWER IN THE MARKET
New Vork, February It.?Fluctua?
tions of stocks narrowed last week
with a diminishing volume of business.
Much of the time the favorite specu?
lative stocks were virtually motion?
less, and the wider movements of a
few 6pecial Issues, notably the tobacco
shares, constituted about the only
motive power In the market. In view
of the uncertainties of tho political
situation and the Irregular movements
of trade, it was difficult to forecast
the Influences which would <bc brought
to bear upon the securities market,
and operators were unwilling to enter
Into large ventures.
Foreign Influences played an un?
usually large part In financial a:id
business affairs. The sluggish current
of home business contrasts with the
activity abroad. Shipment of ;8.0Q0,
000 In sold to Farts and Smaller
amounts to South America, the latter
for the benefit of European debtors,
was an Indication of the lax demand
for funds here and the requirements
abroad. The movement was coinci?
dental with an utterly depleted demand
for American products which kept
pace with the trade activity |n Eng?
land and Elsewhere. Statistics of
British foreign trade for January
showed heavy expansion' In both ex?
ports and Imports, especially the lat?
ter. In spite of the shrinkage In the
value Of cotton from this country,
owing to the lower prices. The week's
I
upward bound In the prxo of cotton
here was due to foreign demand, rath?
er than to takings by domestic epln
I nera.
The monthly statement of the United
I States Steel Corporation's unfilled or?
ders, while disclosing in increase of
nearly 300,000 tons, did not fully meet
expectations, Preliminary estimates
of tho gain ran from 400,000 to 650,
000 tons, and when the report ap?
peared It was i.eceiBary to revise
Ideas as to recent conditions In the
steel trade. Another development upon
which tho Street pliced an unfavornhie
I interpretation was the appearance of
? reports of further price-cutting by
some of the smaller steel manufact?
urers. January statistics of the copper
trade pointed to the relative Import?
ance of the export demand In making
up the unexpectedly good showing,
which brought down Stock of the re?
fined metal on hand to the lowest ilu
lire since the formation of? the pro?
ducers' organization, or about half of
bhe month's consumption requirements.
The procedure In the government's
various prosecutions of antitrust law
cases hod something to do with tip
halt in speculation. Soniti anxiety
was professed also over the effect ,,f
the money trust Investigation at Wash- I
Ington.
Ease of the money market was af?
fected but little by the exportation of
gold.
COTTON GOODS REVIEW
New. York. February 11.?There has
been a much more active trade In cot?
ton good* in the past week or ten day.-',
and prices are rising. The sharp and
sustained advance in cotton has led
to greater confidence In the values
of goods nmonst retailers and the
manufacturing trades, and they are
operating to .over their normal re?
quirements for ninety days ahead.
Brown and bleached cottons are !*S
cent a yard higher. Denims are closely
ttbl<] for four months, and prices nr.:
llrm. Discounts have been further
shortened on duck, and wide duck ts
now quoted at off the list for
prompt delivery. j
Fall River sold 310,000 pieces of print
cloths last week, of which 200.000 were
for future delivery. There have been
salts of about 4,000 bales of drills
for India .shipment, and about .1,000
bales of Canton flannels for China
shipment. Miscellaneous export trade
continues steads*. Prints and staple
ginghaihs are In steady demand. There
has been some improvement in tint)
cottons, and buyers of fancy cottons
an,i wash fabrics are beginning to
opt rate more freely. Cotton yarns are
higher and tirmer. with the inquiry
from users showing a broadening ten?
dency.
jobbers have been doing a season?
able trade at a small margin of profit.
Hoteliers are ordering many different
lines Of goods, and are paying more
attention to staple domestics than for
some months past. Popular brands of
sheets and pillow cases have been
placed at value. .Should the cotton
m&rkct hold recent gains for a time
merchants believe that prices for gt ds
will rise to a point where mills ?in
make a profit on operation!".
FIVE IJWF.t,!.!\<;s 111 It's F.D.
Newport Stews I.ohcs Heavily Through
Sunday Fires,
[.Spsclnl to The Times-Dispatch.]
Newport News. Va.. February 11.?
Kite dwelling houssa ?li different parts
.f t:.e cltv were destroyed by fire to
(lay, entailing .j '.os.-, of more da. i
110,000, with half that amount cov
cied by insurant The itrat blaze,
occurring early this morning', was
caused by tho explosion of an oil
lamp, an<i destroyed twa dwellings,
occupied by incgrous, the occupants
having a narrow escape. The second
lire occurred this afternoon, and
started from an overheated stove.
Three building.-: adjoining each Other
were destroyed, with their contents,
before llrcmen could check the tla.rn.--j.
The high wind curried burning embers
several blocks and fired three other
buildings but the blnzcs, were extin?
guished before these houses wer.- dam?
aged to any extent.
Amherst News Notes.
(.Special to The TimeS-Dispalch.]
Amherst, Va? February IX.?The
February term of the Amherst Circuit
Court will convene Monday. Only
criminal arid chancery matters will be
attended to There will be no elvi!
Jury. The criminal docket Is not long,
and court ?111 probably not last more
than a week.
A number ot Amherst farmers this
week attended the state meeting <>l
the Farmers Educational and Co-Oper
ntlvo Union, which was held in Lynch
burg. George if. Howies, secretary of
the Amin rst County Union, was named
as a member of the executive com?
mittee.
Tile agricultural demonstration train,
sent out over the Southern Hallway,
stopped at Amherst a short time
Thursday, but owing to the cold
weather, the bad condition of the roads
and the early hour at which tin- meet?
ing was held, not very many farmers
could be present.
Chamber Fleets OIHcern.
(Special t.. The Tithes-Dispatch.'
, Staunton, Vu., February 11,?The pfH
' cers elected by the Staunton Chamber
I of Commerce for the new- year are: W.
i C. Marshall, president; Charles Cat
lett. first vice-president: .1. Henry
! Worthing ton. second vice-president;
1 John Crosby, treasurer, and It. D.
I Halsllp. secretary.
wc quote the following letter, dated February ?V.
"I have been reading your ads. and am much interested in
them, for they arc unique in their originality, and arc very
clever. Kindly .-end mc your 'Blue Leaflet.' *'
The ''Blue Lea fiel" referred io asks ten questions about
the descent of property under the laws of Virginia, and gives
the answers. It i:> ri" exaggeration to say that wc have re?
ceived hundreds of inquiries for it. ft also contains three
things to remember, very brie! and u, the point.
h ci no interest whatever t" spendthrifts?but to men
and women of property it is valuable. Sent free on request.
Virginia Trust Co.
? The Ideal Kxecutor and Trustee
Travelers' Building, - RICHMOND, VA.
Onancock Baptists Will Erect
Handsome Edifice?Eastern
Shore News.
[Special to The Times-Dispatch.]
Onancock, Va.. February 11.?The
congregation of the Baptist Church at
tho Courtnousc has oracred plans ol
a Fiuladcipnia arcniiect lor a hand?
some euince to 00 ureote.il near tue
sue of tne present one. Plans tor a
Irainu building and lor one of brick
will oe mauv. Toe membersnlp gener?
ally is said 10 favor tne latter,
a line o: steamers troiu Ciiiitcoieuguc
to l'niiuueipiiia Is now assured, and
the steamer S. V. Snaw win mane mo,
initial trip uhout the IIrat of March,
lauter in the season another steamer
will be added, and the route extended
to W'aehupreuguo on tne south.
Boring lor water on Tom's Cove, As
sateague Delicti, for tne ocean steamers
I'hguged in mennaden nsning and for
otuer enterprises, has reached tho
depth ol UUH feet, where hard ulue clay
was encountered. Thin Is generally
considered a tavorablc indication of
Securing an ample ami satisfactory
supply.
'1 ne annual meeting of stockhold?
ers of the l'enlnsuiu Fair Association
will be held at TuSluy February fl. At
Keller, the day following, t^j meeting
?r the Kastern snore Agrlcuiiural Fair
Association will be held.
Circuit Court has been In session
since Monday, and will continue
through the greater pari of the com?
ing week. Tne docket is a long one.
The grand jury, alter Unding a num?
ber of bills, udjouriicd until Tuesday
next.
Among the land sales of the week
wore the farm of" G. U. Means, contain?
ing fifty-three ac??* to John Thornes,
Jr., for $6.00n, and the farm of T.
Krank Russoll, of fifty-four acres, to
A. T. Mathews. for S6.500. Both tracts
are near Panksley.
An airtight stove In the office of
GeCL L. Doughty, Jr., Commonwealth's
Attorney, exploded with terrific force,
throwing many of tho larger plcccB
through tho wall above. Mr. Doughty
was In the office nt the time with two
othors, and all were struck by some
of the smaller fragments, but, almost
miraculously, escaped serious Injury.
The cause of tho explosion Is un- |
known.
Jackson T. Kellam. of Exrnore, died
at Johns Hopkins Hospital. Baltimore,
where ho had been taken by his fam?
ily physician. Dr. Jno. T. B. Hyslop,
lor treatment. Ho was well known, i
and for years traveled extensively.]
Burial was in Brll Haven Cemetery.
Three sisters and several brothers sur
vivo him. Among the latter Is Dr. F. :
E. Kellam, of Richmond.
Joseph 11. W'ntson. of North' rn As- !
comae, died at bis home Tuesday, aged
sixty-eight yenrs. Two dnvs biter his
wife. o. la, died, aged sixty,years. Two
daughters Mrs. Wm. \. Harley, of New
Church, aiul Miss Elizabeth Watson,
survive.
The rivalry between the two pro?
duce exchanges. Enstern Shore and
Mutual, commonly known as the old
and new. continues. The board of ill- '
rectors of the Eastern shore bus re?
cently adopted and published a plan
for restoring to membership tho*. who
withdrew to form the Mutual. The I
Plan has Miine features contended for,
at the time the trouble arose, the adop
tidii of which. It Is said, would than
have given general satisfaction. The'
outcome now ia less certain.
ADDRESSES PliEASIS FAnMEItC.
Institute Train Greeted by I,urge Crowd j
ut f'hnlbiim.
(Special to The Tlmes-I 'ispateh 1
Chatham, Va., February 11.?The;
farmers' Institute train over the South?
ern Hallway arrived Saturday morning
and was urocted at tin- station by a]
very representative gathering of Pitt
nylvrihla county farmers. Both cars!
for lecturing p irposcs were filled and !
the speakers were given close alten- j
Hon. Professor Gordon spoke on the
culture of com, and hi? remarks were)
alone practical lines. Professor W. p.
Zinn, on soli Improvement, held the:
nttcntlon of the farmers for some time, j
Professor Luiater sp?ke oa the raising
oi poultry. Professor Howard discuss?
ed ihj practical side of dairying. Im?
mediately following the departure of
Ho- train the farmers repaired to the I
courthouse, where the regular quarter?
ly meeting of the Partners' Education, j
ul and Co-operative Union was held. j
The regular meeting of the Woman's
Christian Temperance Union wns held
hi the Sunday School room of the Bap?
tist Church Friday afternoon, A spe?
cial meeting will be held on the night
of the 17th in honor of Frances wil
lard.
The first dehnte of the present ses?
sion of the Chatham Training School
will be held in the opera house on
tlo. night of the 20th.
MIRTCA1.P BECOMES MEM HER
III* 1\U I I,TV AT A. iV M. I OI.I.EGH |
I Special to The Times-Dispatch.] i
West Raleigh. N. C. February II -
P. Metealf, of the State Dcririineiii
of Agriculture, has 'been elected an
associate professor of entomology an.I
zoology at the college, and will entoi
upon his duties ai one. For the past
several years he has been engaged lit
entomological work for the State De
parlment of Agriculture, and hence Is
thoroughly conversant with conditions
in North Carolina, Mr. Metealf is a;
graduate of the Ohio State University :
where iie studied under Professor eis
borne, who is one of the most noted
entomologists In this country. As part
of his work Mr. Metealf will have '
charge of the equipping of the labora?
tories in the new animal husbandry
building, w hich is rapidly ncarlng coin- \
pletlon.
Dr. Phillip Van Ness Myers, of Cln
>-tn'>H. who is delivering historical ad- j
dresses before the students of - the
most prominent colleges and univer?
sities of the South. will speak in
the chapel Monday night to the A. &
M. students, and to the citizens of
Raleigh.
~ i&ailcoubs
SOUTHERN RAILWAY
t-UEJHEil eAltlHKR up TUB oOUTH.
Trains Leave Iltc.'imond.
N. 8.'? Following schedule figures publish?
ed a> Information and not guaranteed:
For the South?Dally: ?:10 A. M Locai !
I0.it, a M. Express *:00 p. U. Express.
With eUcirlc lighted S!?eplng Cur for At- j
lanta aiid Birmingham. 11:13 V. M. Express. |
Week Hays: I:W !? M. Local.
YORK l>IVER LINK.
?:Z0 \: M.?Daily;?Connecting for Rai-I
llmor- Men., Wed. sud .-'iniay. 6-.0j a. M.?,
Bs, Bull .uid . .i- I*. St. ? Mon.. Wed. ar.u !
.? i id ay?Local.
Trains Arrivo Richmond.
Prom Iho south; s:i.) a. s:4o ^ jj 1
t:cO p. M.. J:06 P. M.. defy; lt:is Ex Sun
From Wcsi Poln-t 1:30 a. M. dally, ii-ji a
M., .Mon.. We lind Frl.. IUI P. n. Bx ,sUn.
S. E. B?RO ESS, D. i'. a., I
WCC i:. Mam Si '!'!,..i,, Madison 272. '
Cheaspeake & Ohio Railway
T:?u a. ? wo.ai ? Da iiy--N?? uon News. I
s:M A.-Loeal-Dally- Ch'vlllo. Ex. Sun !
Thurr-.on*
rseoo A.?fcxcraae?Dally? Norfolk, oiu Point- i
'10:00 A. ? Local- ?Ually.-L.ch-.g. Li x. C. Korg?.
':M P.?t.xpre?M??lj?liy-. .n.-l/vllle.
tl.l/u P. ?Express ? Daily?Norfolk. N. Ntwn ,
t.to P.?Lotai?l/aify?N. S*wt, u,d Point.
!>:.i, P.?Local?L>ally?Oordonavillc.
i:li P.?Local?Ex. Sun.?Lchug, Natural !
llnusn. cllfton Forge.
?S;.U P.?i.g^u-uaiiy- C.MCgl'iL Chl'go i
?11:00 P.?Expr??a? Dally?C'ech:na:i, L'villa. 1
?Sleepers, t Parlor Cor?.
TRAINS ARHIVtt ItIChMOXD?Lneal fn>re 1
i:*Kt: k::i A M.. 7:?0 P. M. Through from
Baal: 11 .?O A. M., P. M. Local from
Waal; s:?0 A. U? t:K A. M. and 7:14 p. M.
Through: t:30 A. M.. j:?s P. M, and 3:30 P. M
j?in.-s River Line: ??S:3A A. M , 1. jj. J
Uall) except Sunday. i
John L Williams, John Skellon Williams, E. L Bemiss, Langboame M. Williams
ESTABLISHED 1874.
John 1. Williams & Sons,
And Dealers in
HIGH CLASS INVESTMENT
SECURITIES
Corner 8th and Main Sts., Richmond. Va.
Members Richmond and Baltimore Stock Exchanges.
NEGOTIATE ENTIRE ISSUES OF BONDS
For Stales, Cities, Counties and Railroad Cor durations and
large Industrial Enterprises.
BUY AND SELL ON COMMISSION
Bonds, Stocks and other Public Securities in the principal
markets in this country and abroad.
DRAW BILLS OF EXCHANGE
on Foreign Countries.
FURNISH LETTERS OF CREDIT
For Travelers use. available in United Stales, Europe and
Central and South America.
CORRESPONDENCE INVITED.
Able and Willing to Meet all
Legitimate Business Requirements
Whether to extend your business, build a home or borrow money (or
other purposes, this Bank stands ready to help you.
Your Business, Personal and Savings Accounts Solicited.
3 Per Cent. Interest Allowed.
Bank of Commerce and Trusts
OFFICERS.
JOS. E. WILLARD. President.
A. R HOLLADAY, Vice-president.
R. Mi KENT, Jr., Vice-President
R. B. CAMPBELL, Cashier.
Railtoii jo
Riclnti?ni,FreAericksH'e & Potomac R,R.
JO AND FROM WASHINGTON AND BEYOND.
Iyoovo Hlohmontl
?4.(01.8. ftjrd ht.Sta.
? ..IS A.D. Halo M. Mi.
6 i A.n. Ityrd M.Sit.
1T 11 A.n. n?rd st. Uta.
?M8 A.n. Kala st. St?.
?8.10 A.)t. Ii jrj St. Ml.
10.30 A.M. Main M. Sta.
If.UI noun Ii jrJ hl. St?.
ti.oop.n.njra st. sta.
t3..>tl P.M. Ujrd St. Sta.
M.Ii i'.n. KU,? Slatica.
?&.IJ P.M. .U?ln SU Sta.
??S.gtl P.M. ll'rd St. Sta.
Arrlvo Richmond
?r..so a.m. h.r-im.m?.
II l.ti A.m. Klb? SUtloo.
? II..U A.n. r.jH KuKU.
?I.K l'.n.nalDSt.Sta.
?i.tS l'.m. Ujrd M.St?.
i6.60 P.M. Bjr4 St.Kl?.
?i.-S l-.n. It)rd m.m?.
ts.iu r.n. n?io st.st?.
?o.io r.n. it)rd st.st?.
?MS P.M. Main ht. St?.
TIO.?0 P.M. Bjrd St.St?.
?11.30 P.M. MalnM.St?.
?r.'.&u night ?yrdSt.St?.
ACCOMMODATION TRAINS--WEEKDAYS.
l.t?T? llrrd St. St?. 1.00 P. M. for Kredtrlrkiibarc
\ tut Klha St?. - ti A. M..0.SO P. lt. Tor A.blani.
trrlre Drrd St. >t?.S.iS A.M. front FrHtrlektb'c,
trrlie KIba St*. MO A.M..AJ1H P.M. from Athlan?.
?Daily. iWttkdiy?. iSur.daya only. j
''. Daily eicept Monday.
All train, to or from Byid btreet Statloo
.'except trcina leaving 4.50 ?. m., 55-.?. tn aid
arriving : ;o night) ?top at Elb?. .Time of
f r rivale and departure! aot guaranteed. Read
tue algaa.
Richmond & Pclersbur? J:z;ck Riilwa/
Cart tcavr Manc,neai<ir, roveutn nr. a Pern '
^trt.t?, :ui Petersburg:
?t, 7, a. *4 10, W. ?? A. St.. I. ?? ?3. ?. 4. i
"LAi. 't, 7. 1. ?? 10 P. m.
ll;00 P. 'at., tor Cheater, 13:C0 midnight for '.
Petersburg.
Cart Ictvt l>t*rat?are. toot ot Sycamore j
.??.r.ti, :ur Stancceiter:
t?:ii. *:3S. ??? :ll. ?7:3?, t.ii. ?I0:U. lt'.U i
A, m., 1_ ?!:?) S:*l. I:Ji. ?<:?. 6:3..
?1 U. >.?*, v A "lOlttf, ll:*0 p m.
id?i,> except Sunday ni,J itblldayt,
?Cornea ?a.'i-i.e ?:,J expreea
??Limited, except Suudtj, ui.d no.idaja.
All care rrom Peieruourg connect witn '
.jii iur iticnmoad.
RICHMOND A.M> CHESAPEAKE HA*
HAIl.tiAV CO.U.PANV.
Schedule 01 electric ..ami tu and from
Athiaad, ttopping r-t intermediate ataiioM
upon aigiiai; L#v, Richmond liffoad ?nu
Laurel iia.c 'i vi. *7::<>. . 10U. S.lu. ??10:10.
11:111 A. AA., 1:1?, .'.10. <:?b, 1:1ft. t:M
<:lf, a :10b, 10:10, 11: IS I'. M UV. Aati.ana
Iu. a, ?b, 10, ??!! A IL. ?13 M.. /
3, ?. oil. i. ;. S, ?b. It P. 14.
'Dally uzcept Sunday "Sunday only.
bcairiea baggage.
SEABOARD AIR LINE.
Southbound i;ains icliejtlulcd to leave Rich. :
mnnd daily: SI 10 A. M.?Loci: 1 , .Vorlinn. ,
1:20 P. M ? BteofM re and cbachei, Atlanta, i
Birmingham, Savanna Ii, Jacktonvllle, S:I3 P,
M.?Florida Limited texcepi Kumlayt. ?:?!?.
M.? Sleeper und coacbei, Jackaonvlllc,
P. M.?Slcepert and coacbet, Itlrnttnghan't,
Meniph'.t. Northbound tralna scheduled tt> ,
arrive in Richmond ,1;>lly: ;.:T.' A. M . ;.3i A. '
St., t'.-S A. M. (except Monday. &:0J P. >L, :
f.:? P. M., Loci.
SOKFDLK AND WBSTERf RAILWAY. I
ONLY ALL HAIL LINK! TO NORFOLK. ;
Bchedule In ulfect .tanuitry lit, 1913.
LriHtvc Dy:tl Btreet Station. It! thniuhd, FOR 1
NORFOLK: '>:0J A. 11., *J:00 P M.. *t:W P 3d.1
FOR LYNCIIBUHC AND TIIL* SVBST: ?* U I
A. II. '10:01 A. II., '3.t0 P. M..'?::o P. SI.
Arriv,; lllcntnond Iroin .N'orioiU: *U:tO A. M..
?i:3i P. M., ?11:30 P. M. Front the tv.:?t: ?6.to '
A. 11.. a::03 1". M.. bl:t0 P. M.. 'ti.u; 1- II . '
?:.;? P. SI.
?Dally ?Daily ex. Sunday b?unday only i
puilrnnn Parlor and .-ileeplne Cara.
W. fi. BEVILL. C. H. BOSLKY.
G. V A.. Iloanoke Dp \ . RtcDmnn.l
fetenmuonts
ULU UU.m.N tulv LINK. ?;?
Klcnmonu loot .: Alb ;-t "i > ;.:.) i- m '
Newport New?.6:0o A. M.
Arrive Norfolk.6;ooa. m. i
Connects with main line ?tr?nier*
Norioik tor .??tu lorn datiy except oundjj
7:(a) P. M. Conn .'cuona u,ao ,iiude u* .-. ?
W. Ry. 3 1'. 11. t ad C. Si O. K>. ut t P. SI
Nigat Line ateajnera *i?p a Claremuot to
land or leceive p^caen?;cr> on ?I gnat I, duu ;
will ba met by 01c conveyance.
VIROINIA NAVIGATION CO.-Jaine? Rlrer
by aayltght (or Nortolk nnd Old Point. Now- 1
port Newa and all Jamea niver lar.dliiga.
Btearr.er leavea M. Wedneiday r tl
Friday at ":00 A. M. Fralght received for ;
all Jnntos Rive r landingr. 'Phone Mad.Son 176.
Slnln TtfKCl Office. S3: E V*lr. -:tr?eL j
Why? "Ask Mr. Bowman"
DECACSE 111" KNOWS. II? aaves you
innnty anil furnlahei TRAVEL without
TROUBLE to all pans of tlio WORLD.
FREE INFOIOIATION Bl'REAU. Phone
Ifadlaon SIM,
S. II. BOWSIAX, So. Toitritl Acrnt.
Good Methods,
Large Assets,
Courteous Service
And at Your Command
Capital, - $1,000,000
Surplus, $1,000,000
Deposits, $7,800,000
First National Bank,
1104 E. Main St.
solicit! your business. Our capital,
surplus and profits Justify your
account being placed with us.
Capital, $3C0,0C't?.OO.
Surplus and Profits, $1,350,000.00
Manchester National Bank
1 here's ool a busier place in
^outli Richmond than mir bank
offices. New account's opened
Hnily,
Virginia State
(FiRE)
INSURANCE CO.,
Organized 1865
Main and Fifth Phone Madijnn 4000
National Bank o! Virginia
Cafilal, - 31,200,000
Surplus, - S 600,00)
Accounts solicited
Ninth and Main Streets
Commonwealth Bank
Our Church Hill Branch; Twen?
ty-fifth and Broad Streets, invites
the accounts of people living in the
Hast End.
Tho Confederate Museum
TWELFTH AND CLAV STItfclfclT?
OPEN 9 A. M TO 6 P. M.
Admission. 26c Piue <>" -aiurdnv*
WHITE STAR LINE
NEW YORK?PLYMOUTH?C II KU HOLRli?SOUTH A JII'TOX.
PAST MAIL ROUTE TO KNCILiANP ANI> THE CONTINENT
The l.nritcnt nnrt 1'lnoHl Strnnicr In the World.
m& "OLYMPIC"
PrettCb a In Carlo Rontuiirant, Turklnb niul Electric IJntlii.. bttJto*nloB
Pool. Kpttr Elevator*, RyninRNiiiin, Veranda Cafe,
l'nlru Court, etc.
Will Sail Ur.im New York
February 21 and March 16.
nml Rccnlnrly Thereafter.
wniTF. STAR I.IXR, . .3 BROADWAY, X. V.
Or I.neal Aorenta.
-:-H