The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1890-07-26

more har00r on wednesday. hoo"" Oi5h"
hundred were on board and all were pleas
ed with their trip.
The p. w. 81 b. railroad company had
large excursion to Colchester on Thursday
and the Sunday School of the Rising sun
NJ, L. church came down here the same
day, but through some fanlt in the arrange
ments they were compelled to get OIL the
cars and take the steamer City Belle to Mt
Arrarat and Happy Valley Park.
The b. G. Bibb Stove Company's foundry
which has been closed for repairs, will re-
sumo operation next week to the gratitca-
ton of its numerous employees.
Quite a number of our farmers have
threshed their Wheat and oats. Both crops
are very light. Wheat yielding from to
10 bushels per acre, generally to II BUSH
els, which is not half crop. Oats are still
lighter, Gully to II bushels per acre, which
is the smallest ever known in our section of
the county. The hay crop is good and is
housed in the barns in good condition. "
THE Manufacturers Record in its last issue,
referring to the urgent need of some instru-
mentality for bringing together owners OF
Southern properties and owners of unem-
ployed Northern money, says:
Hundreds of good locations are lying
neglected by reason of inability to reach
the ear of capital to present their merits to
the right men but fortunately plan has
been formulated to fill this want which
gives promise of the most substantial ben
efits to the whole South.
'.It is proposed by Mr.. w. p. Rice, who
has already been the means of inducing the
investment in the South, of millions of
New England money, to establish at Boston
$1,000, 900 national bank, to be called the
American National Bank, the stock of
which it Is proposed to place largely in the
South in connection with this bank there
is to be bureau of information, one of
whose functions will be to introduce the
banks Southern stockholders to New Eng
land capitalists.
"Another feature of this new bank will
be the handling of Southern commercial
paper, and to that end close relations will
be established with large number of banks
from Virginia to Texas, which on account
of lack of capital are frequently unable to
accommodate their best and most solvent
customers. By making speciality of hand
ling such paper extensively this new tinan-
cial agent of the South in Boston will be
the means of largely increasing the volume
of available funds, the narrowness OF which
has often rendered impossible the material,
ization of vitality important local enterprises.
''Mr. w. p. Rice, the organizer of this
new bank in Boston, has wonderful rec
ord as founder of successful financial in
stitutions The American National Bank
of Kansas City, which he organized, and
whose million and a-qdarter of stock was
floated largely through his personal endeav-
ors, although still comparatively new
bank, in the month of May led the clearing
house of that metropolis. With his extra
ordinary financial ability, with his immense
acquaintance, with capitalists not only in
New England, but in the West, with the
prestige of unvarying success, this bank,
which he is about to be establish in Boston
as a connecting link between the resources
of the South and the unemployed capital of
the North and East, is calculated to prove
a most profitable institution alike TO its
stockholders and 10 the South at large.
THAT Boston is the proper place for such
an institution is proved by the enormous
acceleration heretofore given to the progress
of the West by Boston men and money. 1t
is only question of establishing the right
kind of connecting link to bring about
the West"