The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-10-24
THE TALK OF TIE STREET.
The Rumored Railroad scoop Monop
olizes q Good Deal of It.

| The Rumored Railroad scoop Monop-
J olizes Good Deal Of It.
The rumor from Atlanta yesterday to the
effect that the East Tennessee Virginia and
Georgia railroad had scooped the Richmond
Terminal system. and would soon assume
full control, caused some pretty lively talk
ing and surmiIiug among the business men
here. 1t WAS generally agreed that
such statement could only be
rumor and there was little probability OF
any foundation for il, but nevertheless
there was considerable questioning OF what
would be the result If such should be the
case aud desire to hear something more
from it.
The fact that the MORNING NEWS press
dispatches contained no information of
any such deal was generally re-
nothing ia it. A MORNING NEWS
reporter talked with several railroad men
| yesterday who had read the rep TT or heard
Of il, and none of them had heard Of any
| thing OF the kind even rumored before, and
all discredited il Acting Auditor Anslsy
OF the Cen sral said he had no idea that there
was the slightest foundation for such a re-
port From what he knew Of the affairs of
ths Richmond aud Danvills he said ne con-
sidered such a deal very improba, lie.
Inc MORNING NEWS press dispatches Of
this morning show that the rumor origi-
mated In another rumor current in New
York 70 the effect that Gen. Thomas, chair
man of the board OF directors of the East
Tennessee, Virginia aud Georgia, would ba
made chat man at the coming annual meet
ing OF the directors and stockholders of the
Richmond and Danville In New York on
Nov. y which would make it appear that
| the East Tennessee people were going to
control tue Richmond and Dauville
1t has been rumored for several days that
Gen. Thomas would be made president Of
the Richmond and Danville to succeed Pres
ideat Inman. A special telegram from the
Associated Press to the MORNING NEWS
yesterday said that President : Inman
denied any foundation for such
a report. and referred to yes
terday's stock market quotations.
AS will be seen by ths market reports in
the Nor Wing NEWS, Terminal stock made
a decided advance Yesterday, the grounds
being that group Of well-known capitalists
intended giving their aid in financial
manner TO the Company. The result Of the
annual meeting OF the directors and stock
holders. Nov. /, will be awarded with 3
great deal Of interest.
Controller General Wright's interpreta-
ton Of the Whitfield insurance law 1t very
acceptable to the insurance men. They are
| glad 10 find that every company that is a
| member OF the Sou heasterl Tariff Associs-
| ion will not have TO quit the state without
being given any sort Of a show. Controller
| Wright's opinion is that company Is not af-
fected by the law because of its membership
| OF the association, unless special complaint
| is made against il and then Ii must be 81 own
that the association Is the cause OF the dis
elimination or overchaTge complained of;
and also that the association defeats or
| lessons competition, practically nullities the
intentions Of the Viii field bill which was to
destroy the Southeastern Tariff Association
so far as its workings in Georgia ara con-
cerned. Until such complaint is brought
| against them the companies will continue
| TO do business as usual. The Whitfield in-
| surance bill may not prove TO be such bug
| bear 10 the business after all.
Architect J. A. Wood of New York, who
was the architect Of the Tampa hotel, and
| who was in Savannah recently and 10 we'll
known here, IL pushing the plans for tho big
| hosei In New Orleans. which will be a rival
TO the other big hotels Of the south. The
| hotel will be Of brick or stone, with beams
OF steel and iron, entirely fire-proof through
| out. 1t will be 56i fest high and four and
in some parts five stories high. 1t will con-
tain 56l chambers for guests. The whole
| building will be used FOR hotel purposes only,
except the banqueting aud convention halls,
| the latter capable OF seating 700 people
These will be open to public gatherings, etc.
The meeting of lhe board OF trade COM
mitt9e to consult with the manufacturers
OF Savannah relative TO an exhibit at the
Augusta exposition, which was called at IL
o'clock yesterday at the board of trade
rooms was devoid of any result. The man
ufacturers faied to show up with the exoep-
zion OF q couple. The committee will make
another effort TO bring the manufacturers
together, as an exhibit Of Savannah manu-
facturers would be quite al advertisement
for the city.
A little pool among the cotton men upon
the receipts of the week ending yesterday
| at all the ports was settled after the reports
OF the receipts at the ports had been bulle-
tined at the cotton exchange. The winner
| Of the pool was Mr.. Negroponte, the we'll
Known cotton buyer, whose guess only
missed the immense receipts Of over 377, 900
| bales by about 1000 bales The majority
of the guesses 8 far under the amount Of
| the receipts, which are the largest ever re-
noiv aii in all