davidaulloa/AmericanStories huggingface dataset:
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Personal AND GENERAL.
Bits OF News Gathered Here and There b
the Times" Reporters.

the 'Ifrncs' Reporters
Rev. Mr. Turnbull and wife have returned
10 the city.
DR.. L. II. Cowardin will return to the city
tomorrow.
DR.. L. Il. Baker has returned from trip
10 the springs.
Judge Hughes is in the city. and will prob
ably hold court tomorrow.
Mr. Horace A. Redford has returned TO the
city from visit TO the West.
Miss Efiie Fuller. after an extended visit to
friends IN Hanover. has returned home.
Mr.. s. NJ. Goodman. who has been very
sick. has left town to recruit his health.
Miss X. J. Shepperson and r. N. Anderson
left last night for visit to friends in Hanover.
Mr.. Elmer G.. Ecker has returned 10 the city
after a pleasant vacation az Narragansett
Pier.
Mrs. VI. f. Dillon and Mrs. W. T. Stain
back are visiting relatives in Chesterfield
county.
Mrs. Isaac N. Jones has left Allegheny
Springs and is now at Buffalo Springs, Nelson
county.
John Kessnich and the members of his band
have returned from Rockbridge Alum
Springs.
Miss Katie Wilson. Of Baltimore, is here on
q visit b Miss Nellie Bernard. 80 west Mar
shall street.
William Garnett Lee is very sick with
malarial fever ut his fathers residence, LOB
Park avenue.
Mr. NJ. C. Dillon. who has been quite sic k,
is back at his post on the Richmond and DAN
vile railroad.
DR.. G. W. Wormley, who has been sick at
tho White Sulphur. is better, and Mr. +. l..
WOrmley is quite sick
Julian A. Wray and George Taylor have 70:
turned from a pleasant visit to the farm OF
A. j. Wray, in Goochland county.
Miss Bella Walden. Of north Fifth street,
has returned from Hanover. where she has
been on o visit to Miss Lula Heath.
Miss Florence Coffin, after spending a
month pleasantly with friends in Cumber-
land county, has returned to the city.
Mrs. Mary p. Hope. accompanied by Mrs.
James J.. Priddy. has returned rom Pleasant
View, the farm OF Mrs. William Garlck
On next Tuesday morning at 7 o'clock, at
st. Mary's church. Mr. Leonard j. Roster and
Miss Mary +. Finegan will be married.
Cards are out for she marriage OF hr. w. i.
Watson and Miss Ida Jordan. Wednesday,
September I'd, at No. 30l south3 Cherry
street.
Miss LOWE Blick. Of Norfolk is visiting
relatives in Richmond. Miss Bick is a mem
Der of the choir OF the Cumberland-streot
Methodist church Of that city.
A party Of ninety excursionists from the
West reached Richmond Yesterday afternoon
over the Chesapeake and Ohio road. They
took dinner at the Exchange Hotel. and after
short stay here left for Old Point.
Mrs. w. A. Jenkins he's returned TO the
city after pleasant visit to friends in Cum
berland county. Mrs. Jenkins is much i'm
proved in health and her friends, and es
pecially the management of the Retreat for
the Sick, Of which she is president, welcome
her return with gladness.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

nAsE-RALL roArr0NED.
NO Game Yesterday Owing 20 Rain-rhe
WinstOns to PLAY the Old Dominion.

No Game Yesterday Owing 20 Rain-The
VVinstons to Play the Old Dominion.
The incessant rain of yesterday caused
much regret 70 those who had anticipated
witnessing the final struggle for champion
ship between the Winston and Richmond
basel ball clubs.
Asthe day adyanced.and therain continued.
Manager Donati resigned all hopes Of game
and the Winst0ns prepared 60 take the train
for Lynchburg. where they had contracted u
1)lay on the first three days of next week
The Winsions Will return 10 this city next
week and will play The Old Domlnions on
Thursday. Friday aud Saturday.
They then 20 10 Norfolk Tor three games,
aud returning here will play Ma s.er Donatrs
team Oh the 10th. IIth aud IztA OF re ptem-
Der. -,
The Old DOminions have strengthened their
club very much and believe that they Will
improve upon tho score OF the Richmonds.
Murray Mcclure will pitch and Big Al.
Greenway Of the University team, MAI eaten
for the Old Dominion Club III tho coming
games.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
az WIoKnAM MONUMKNT.
Colonel Cutshaw Has Awarded the Contract
for the Base.


Colonel Cutshsw opened yesterday morn
ing the bids received for the work on the
foundation and pedestal for the Wickham
monument. to be erected in Monroe Park.
The bids were as follows: Peter Copeland
S8ji NJ. Byron, 1863; Westham Granite Com
pany, 1886, Richmond Granite Company,
S3i5: James Netherwood. 1918. The bids
were accompanied by samples of the granite
which the contractors intend 20 use.
Colonel Cutshaw. who had been authorized
bv the Committee on Grounds and Buildings
10 award the contract, decided that the work
be done by MIR. ri. Byron. although the bids
of the Richmond Granite Company and Of
Petor COPELAND were lower than his. How
ever, tho quality OF the granite which he prom
ises to furnish Is superior 10 that sub
mitted by the other two bidders. and the
Colonel is OF the opinion that the interests OF
the city will be better served by the award
ing Of the contract to Mr.. Byron.
The specifications require that the work be
completed in time for the unwilling of the
monument which has been set down for Oc-
tober z4th. and this includes the placing in
position Of the statue. which also has 10 be
done bv tie contractor. If be does not COM
plete his work Ill the time agreed TO, he Is TO
Day forfeit Of 500 for each additional day,
provided that the statue Is delivered IN due
time
The pedestal will be seven feet four inches
square at the base and it is to be nine feet six
inches high. Tho statue will be of heroic
Size. eight feet high and viii be cast in bronze
in New ork city under the supervision and
after the model made by Mchmond's famous
sculptor. Mr. +. V. Valentine.
Tie City Council appropriated recently the
sum of 81 600 for the erection Of the monu-
n,ent. and the Wickham Monument Associa-
ton agreed 10 pay any additional amount
that should be required to complete tho work.
Tie unveiling has been set down for DC
tober 9th. during the State FAIR. which will
then be held at the Exposition Grounds, IN
order that those who are attending thesF
from out Of town may be given an 0pportu-
nitv to be present at the ceremonies IN con-
nection with the dedication of the statue Of
General WicAham 10 the city blythe Wickham
Monument Association
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
OUR PULPITS.
Some Sacred Services Which VIII BE Con-
Quoted To-day.

Some Sacred Services which VIII De Coh-
Quoted To-day.
DR.. John l. Buchanan, who is one of the
most interesting Bible lecturers in Virginia,
will give Bible readings at Broad-street
church to-day, both morning and evening. IN
lieu OF regular services on account OF the
absence of the pastor.
Rev. A. T. Hardy Of Henrico. Is supplying
the pulpit OF Venable- street Baptist church
in the absence OF Dr. X. II. Pitt, the pastor.
Rev. William T. Walker, Jr., Of the Pres
bvterian church of Hampton and one of the
most earnest and interesting young preach
ers in Virginia. will exchange pulpits with
Rev. DR.. Fair. pastor OF Grace-stTeet Freshly
terian church. tomorrow.
Rev. II. II. Harding will preach to the con-
gregation at the Third Christian church this
morning.
Rev. A. f. Dickinson. editor Of the Reli-
gious Herald. is visiting his son. Rev. j. L,
Dickinson ut Orange. D., III whose church
he will preach to-day.
Rev. c. CO Wertenbaker. Of Laurel-street
Methodist church, las returned from pleas
ant vacation. and will resume his labors this
morning.
Rev. j. L. Lawless of Marion Ala, will
preach at Second Baptist church this morn
ing.
The services at Marshsll-street Christian
church this morning will be conducted by
Rev. j. Is. Hall, of Mathews county.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
NEW RICuMOHD THEATRE.
Addition of Jog New seats-some OF the Com
ing Attractions.

This pop ular house has undergone extern
sive changes and repairs during the summer.
The lobby is brilliantly lighted with electric
lights and handsomely decorated IN white and
gold the lights III the ceiling making very
pretty effect.
On entering the auditorium one finds the
old partition taken down, making the seating
capacity greater by JOG seats. The entire
interior is tastefully frescoed IN the ultra
fashionable colors light and dark terra-cotta.
making a handsome effect with the gold
trimmings; IA largo chandelier OF electric
lights twenty-four feet in circumfe renee
hangs from the centre Of of the ceiling, while
the boxes andproscenium arch are IN the same
colors including the hangings. The auditO-
rium!is lighted lentirely with electric lights
which are so well controlled that they can Re
lowered as easily as gas. The curtain
and scenery have been retouched by the
scenic artist. Herr Mesmer. Dressing rooms
with hot and cold water have been added;
also ladies' toilet room. The whole house
has been reseated with now chairs OF the most
approved style. and, in fact. Managers Branch
q Leath announce as the next attraction
Lillian Lewis, with fine support, on Sep
TENDER eth.
Announced in the pretty souvenir pro-
gramme last week az coming attractions were
the names Of Sarah Bernhardt, Margaret Math-
err Nine. Janauschek. Julia Marlowe. Mile
Rhea. Lillian Lewis. Frederick Warde, Robert
Downing Me- Lean d Prescott Robert Mantel.
Joseph Howorth. Conred Opera Company.
Sea King Opera Company, Minnie Hauk
Grand English Opera Company. Mr.. Barnes
Of New York. Shenandoah" and many
Othara
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Shot in the Neck at Cobb's.

EAsryILlr. VA. August 29.-lSpecial. l-On
Cobbs Island last Tuesday James Taylor, Of
Smiths Island Life Saving Service, and
Samuel Matthews, Of Cobb's Island. en-
gagged IN a dispute at the wharf landing.
About an hour later they resumed the quarrel
at the bar-room and ten-pin alley. Subse-
quently. while Taylor was sitting in the ten
bin alley. Matthews came up and fired ut him
from the window Matthews outside) the
ball striking Taylor on the back of the neck.
inficting painful, but probably not danger
Gus. wound The bail however. has not yet
been located Matthews was sent up for trial
before the county court at the next term by
Squire nottingham.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
SAVED FROM TIE WRECK.
The Pullman Palace Car Conductor Who
Survived the Accident.

Conductor Clepper. of Carlisle, Penn, who
was in charge of the Pullman palace car in the
recent railroad accident on the Western North
Carolina railroad near Statesville, n. g.. was
registered at the Exchange Hotel Yesterday.
He could not give much information regard
ing the wreck, but stated that there were
twelve people in his car at the time; and tnst
three of them were killed and all of the bal
anco badly bruised.
Mir. Clepper is badly bruised. His arm was
in a sling and hisl head bandaged and he
walks with great difficulty. He il at present
on his way 10 his home. where he Will remain
until his wounds have entirely disappeared.
Mr. Clepper states that every attention was
cials and the people of Statesville and vicinity.
The accident occurred so quickly that he knew
nothing except a feeling of being rapidly
plunged downward. and then for some time ne
was unconscious. -
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

The annual meeting of the Virginia Phar-
macentical Association will be held this year
Mt Roanoke, commencing September sth
These meetings have for years been largely
attended and proved very interesting 10 all
who participated. Mr.. George W. Latimer.
secretary of the Association. IN his circular of
invitation SAYS: This Is the first time the
ASSOCIATION las convened west of the Blue
Ridge and presents an exceptional opportu:
nity for viewing the beautiful scenery Of
Southwest Virginia and renewing the pleas
ant social relations 50 happily begun at pre-
vious sessions. Lay aside your spetula ana
nestle for few days. and while performing a
duty. enjoy delightful and needed outing.
from which you will return better prepared
for work "
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
DEATHS.


A Ioswell 2rl9 east Broad street. on the eve
Ming of saturday. 18th AZ Q;i5 oclock, NANNlE
n. daughter OF he late John \. aud Anna ). L.
Shields.
Notice OF funeral hereafter.
.,. tatn ,vest BROAD street at I 80 l.. NJ. Thurs
dar. August p, 1891, BERTHA MAY HALL
sgcd seventeen years five months and twenty
seven days, OF diphtheria-
A precious one from Us has gone,
voice we loved Is stilled;
4 place is vacant IN our homo
Which never can be filed
God in his wisdom has recllled.
The boon his love had given;
And though the body slumDers here,
The soul is safe in heaven.
KEININGHAM-Die az Ashland, Va,
August y. 1891, MARY l.. kElNlNGhAh; aged
Her funeral viii take place from tho Union
denot TODAY Sunday AT 2;Ss clock +. III.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Death OF G. q. Meriwsthsr.

ATLANTA. GA. August 2a-lSpeelai IN.
G.. Meriwether, superintendent of the fourth
division of the Western Union Telegraph
Company. died here to-day.
Mr.. Meriwether has been prominently con-
nected with the Western Union Company 10
this city for number OF years, and his death
will be q heavy loss, TO that corporation.
There have been no funeral arrangements
made as yet.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

While james Baker. white employe Of the
Richmond Locomotive Works. was. walking
along street ia the lower part Of the city
last evening lie was struck on tho head by q
rock thrown in the dark and slightly injured.
William Holt (colored) was arrested as the
offender. Whether the rock WAS intention
ally or accidentally thrown at Baker could
not be learned
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
The OLD nnmInIon stcamers.

The attention of shippers and the travelling
public is called 10 the change IN sche-
dulo of the Old Dominion Steamship Com
nsnv for Tuesdays steamer. The Roanoke
will sail next Tuesday at o'clock Z. NJ, in
stead of 5 p. NJ, and freight will be received
until 2P. NJ, instead of 4 Z. NJ
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
MIR. JULIEN BINFORD FAILED.
He Made "A Deed of Assignment to Colonel
Tazewell Elicit.

"a
Tazeweil Elicit.
A deed of assignment was tledin the clerks
Office of the chancery court yesterday after
noon by Mr. Julien Binford and wife 10 Colo
mel Tazewell Elicit. trustee. for the benefit Of
his creditors. The property conveyed consists
of Mr.. BinfOrds entire stock IN trade now on
hand in the business conducted by him az
1902 east Main street a. a wholesale grocer
and liquor dealer. The transfer also includes
sixty barrels of whisky in bonded warehouses
owned by Binford. and his interest IN 40
barrels of whskey III bonded warehouses,
sub Get 10 a loan by John II. Montague made on
the certificates. amounting 10 about ~, 500; also
eighteen barrels Of whisky ia the possession
Of Davenport a Morris, subject 10 charges for
insurance. storage. etc. Tho deed also con-
veys property in Bon Air, Chesterfield county;
and a ut Of land Oh Randolph and Ashland
streets in this city.
The trustee is requested to pay out Of the
proceeds Of the property conveyed all sala-
lies due to employees Of said BintOrd, a
reasonable fee 10 counsel who drew the deed
and the rent for the store on Main street.
The following first-class creditors are then
10 be satisfied Joseph W. Johnston, sl74.Sji
J. D. Patton, three notes OF .sS. -22J and 400
respectively: the National Bank Of Virginia
on an accommodation note for 1915; the Ma
tional Bank of Virginia. three notes OF $50
each Endorsed by Lewis II. Blair; Writ r:
TAYLOR Il Co., three notes for S1G6 $3.50 and
sIz7.G7 respectively; Writ +. Taylor, one
note for s823.4 ~; the National Bank Of Viz
ginia, a note for 1925. Endorsed 10y J.. b.
Tatum: Oscar Crsnz. a note for S63. O2;
Keeschman n Co., sl09.C7: John II. Mon
tague, $40: the Virginia Paper Company.
-G3; Edel Brothers, 1913; George Hill. $50:
X. Y. Gaines, 1885; the National Bank Of
Virginia three notes for $500, 1850 and $3.50
respectively.
These creditors are to be paid pro-rata, II
not sufficient funds are on hand 10 pay them
in full. All other creditors are 10 be paid pro-
rata if any funds should be left after the first
class creditors have been satisfied.
The total amount Of the liabilities is about
$4,000.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

Always
ready

That's US. No matter what
the emergency, we're wide
awake-ready to meet 1t.
We can put our hands on our
FALL STOCK at a moments
notice. If you're anchored"
in town for good it may be a
'little previous" for YOU.
But those of your boys
grown or growing-who are
going away to "tread in tho
mills of learning" have got to
provide for a long stretch OF
the future-now--make q
change from head to foot.
We're "on time" for them.
OURS is EVERY STITCH
A NEW STOCK---the BEST
we ever had---and nearly
double as large. That's de-
manded by your increasing
patronage. It's the RIGHT
kind, too---The IS A X S"
KIND. Whether it's SUITS
OVERCOATS that w L
make-or uHATS-SHOES-
UNDERWEAR or what not
we have made FOR US
it has those characteristic
differences that weigh our
offerings in the balance with
everybody's else's and NEVER
FIND US WANTING---and
you pay US as LITTLE as
can be asked and stick to the
high standard of quality.
i. SAKS : &c. C!! !!'!I ":
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Tho Mechanics, Institute.

All applications for scholarships in the night
school Entomology at the Virginia Mechanics
Institute for the coming session Will be rs
ceived in regular succession until the limit IS
reached, when applications for vacancies will
be received
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Citr Circuit Court.

Suit was instituted yesterday by Edward L.
Goodman against Michael Golden. Case,
damages $500.
An amendment was granted 10 the charter
OF the State Grand Lodge OF Knights of Da-
mon.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
The Old nominlon SIG.

telegram was received yesterday by
Messrs. George W. Allen K Co announcing
the safe arrival in New FORK of the steamship
Old Dominion.
The vessel arrived OF midnight and ell of
the passengers were safely landed.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Only Ono Call.

There was only one call for tho city ambu-
lance Yesterday, aud that was at $50 A. NJ. to
the Richmond Locomotive Works 10 a white
man whose thumb had been badly mashed IN
the machinery. He was treated and lett ut
the works. .
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
air. strang's Funeral.

Mr.. William p Strang whose death was
announced Yesterday morning. was buried IN
the afternoon. His funeral took place at
Trinity Methodist Episcopal church, Dr. I.
A Peterson officiating.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Senator Black burn Ill.

LOUISVILLE, Ky. August 49, Senator J. G.
s. Blackburn. Of Kentucky. suffered stroke
Of apoplexy at Newcastle. KY, last night.
lie has been taken to his home at Versailles.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
Entered nnd Cleared.

The Spanish steamship "Ernestoa' with
q cargo al cotton. tobacco and bark. valued at
house yesterday Coastwise for Liverpool via
Norfolk.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
CHURCH NOTICES.

rv-BROAD-STREETM METHODIST CHURCH
BROAD ana Tenth streots)-Rey. DR.. JAMEs.NFL-
late Of staunton. Va, will preach at II A. NJ.
No service at night.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
1r,uy VIRGINIA MECHANICS INSTITUTE

No. Coz EAST MAIN SrREET,l
RIcIIMoSD,v VA. August %. 1891. :
IN and after TUESDAY. the isr day Of SEP
rvWaEE. ALI APPLICATIONS for scho,arshtp
4, ~ NIGHT SCHOOL OF TECHNOLOGY,
s -. sf ~ issl-ae will be received in regular
snccession and entered in each class selected
until the limit is reached. when applicants FOR
'Asan'''' W. J. WHITEHURsT.
Chairman Committee on Night School:
THOMAS ELLErT, secretxS
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

gr-MARsHALL- STREET cHRISTIAN
streets. Preaching By y. Is. HALL az II 4. NJ.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

~ MOORE MEMORIAL PROTESTANT
EPISCOPAL CHURCH.-Services At ll:i5 A III.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
PROPOSALS.

PROPOSALS.
O1~%N~~-O-~-0-~-O-~ ~-~-~~~-~y~~O~1~~~~O~~~~
RICHMOND, VA. August %, 1891.
CEALED PROPOSALS WILL BE RECEIyED
> by the undersigned for LIGHTING THE
EXPOSITION BrUDING on September 9TH,
isql with OIL or ELECTRICITY.
Bids will be closed MONDAY. August q, 1891,
at 6P NJ.
any or all bids
Address all communications TO
JAMES Is. DOHERTY,
au29-9t No. II north Fourteenth street.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
A CARD TO THE PUBLIC.

would ask my friends and the public to con-
tinue their patronage as usual during the con.
troll of the trustee, which will last reasonable
time. and in the nesr future hope 10 make
some arrangement 70 continue business on my
own account. ~.
al20-su.we.fr,St JULIEN BiNFOlU.
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30

RIcHxosp. Va, August 20. 1891.
CPECIAL NOTICE TO SHIPPERS TIN
steamer Roanoke will sail on TUESDAY. sxr>
irsis, s,s is i ssss SsSi aa 'ssa u g
The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-30
MEETINGS..


EFT on CAR NO. %. U. p. II. W. LINE.
l ,Doing east between and O'Clock
Friday hight pair Of OPERA GLASSES. with
nv name on card inside case. The finder viii
DO rewarded by returning same Z? i,i9 eass
Main. D. LII DANSL-
Telegram-herald. ([Grand Rapids, Mich.) 18??-1892, 1891-01-05
THE BUSINESS OUTLOOK.
Activity and Conhdence is Now Fully
Restored

NEW YORK, Jan. 3.-Although the
past weeks business has been inter-
rupted by the holidays, it has shown a
distinct improvement IN activity and
confidence on the stock exchange. 1t
has been, IN fact, the only week since
tie middle of October that has shown
anything like the old time feeling.
The causes of this recovery have not
been trivial, nor are they likely TO
prove entirely transient. The last bank
statement showed an unexpected lm-
proyement IN the bank reserves; the
surplus over legal requirements being
%,700,0 ,00G, compared with SO, 400 900 for
the same week OF last year, 81 800 900
IN 1883 and $4,000, 900 in 1887; which
shows fully normal condition of this
important factor in the financial sitna-
ton. These figures indicate that, at
last, a reaction in the currency move
ment in favor of this city has fairly set
IN; and Judging from all precedents
under like circumstances, the
refiux Is likely to continue
plethora of money, with consequent
low rates of interest. Another cause
OF the improvement is the important
fact that about $l25, 900, 900 of interest
and dividends Is payable at the begin
ming Of January. An unascertained
but undoubtedly large portion of these
payments is always devoted to iv.n-
vestment, which creates a special de-
"a f<r a -
stocks at this season.
This immediate recovery in the tone
OF the market will probably prove to be
the beginning OF a more important later
Improvement. The future ease in
money Is likely to be as decided as the
past stringency has been. Under cir
cumstances such as have recently oc-
CURED, the money market always
quickly reacts from the one extreme To
the other. Business becomes more or
less restricted throughout the country
and prices of wide range of proper
ties decline; and as less volume of
circulation is therefore needed, a sur
plus OF money accumulates III the
banks, which IN their desire to keep
their funds employed, have to
reduce their rate of interest. When
such state of the money market as
this arises, and there exists at the same
time market valuation of stocks some
80 to 40 per cent. below their normal
value, an outburst OF the speculative
spirit becomes inevitable. 1t IS an un-
failing rule OF experience that, when
securities have touched the lowest pos
sible point of depression, 1T is entirely
safe to buy them for a rise, the only
condition necessary to such an advance
beng an abundance OF loanable funds,
which, IN the present case, Is certainly
assured. Henry CLEws.