The times. [volume] (Richmond, Va.) 1890-1903, 1891-12-30
SOME SECURITIES SOLD.
CAUSED RI MORE TERMINAL RUxoRs
what nfr. Gouid's Paper Saws About the
Company-Msny Deaths from the Grip.
The Democrats Win tho Senate.
NV YORK BUREAU RIcHwoND TINES,
Dao 90 1901

NV YORK BUREAU RICHMOND TINES,
Dec. 70. 1891. J
The announcement that the Richmond and
panville Company would not pay the divi-
dend on Georgia Central. which was declared
by Georgia Central directors and payable on
tho 26th instant, under the Georgia Pacific
lease, caused some selling OF the securities OF
the Richmond Terminal Company to-day.
but the brokers having the manipulation Of
the securities in charge bid the prices.
General Thomas declines TO Say anything
about the Richmond Terminal at present.
President Inman is reported better. but un-
able 10 come TO the oifcc.
A director Of the company says that no one
has any authority yet TO say anything aOou.
the Richmond Terminals preferred dividend
THE vIcr-pREsIpgNr TALKS.
Vice-President Rutherford OF the Danville
company. said The Georgia Central d.
rected the dividend without direction or adj
sice from the Danville company. The mat
Ter must rest in order to allow an adjust
ment Of accounts. There il some discussion
on the question rs to whether II
advances are paid prior 70 the
maturing of dividend those advances
should not be deducted from the earnings.
In any event the Georgia Central has plenty
OF securities IN its treasury which may be
used TO provide funds, and the payment OF
the dividend may be delayed only short
time"
WHAT JAY COULD's PAPER SAYS.
The Daily Stakeholder eof Mr.. Gould's
organs says: Recent conditions as TO tho
Richmond Terminals whole property are
now being reversed. Heretofore financial
embarrassments have enyeloped Il, while de-
preston has been the feature Of it, stocks
and bonds. FUNDS are now aound-
ant and quotations are on no nP.
against all contingencies while the Olcott
committee j. periect!ng It's plans q syndi.
cate has subscribed Si,000,O0J as sort or
financial back log. Ranks or other creditors
OF Richmond Terminal can therefore get
their money whenever they want 1t. and as
they can yet ID so easily. they OF course Will
not want it so badly"
INV YORK NOTES.
Tho movement in Tennessee Coal and Iron
shows that the condition of the iron trade IS
considerably improved. Dealers speak very
hopefully of the outlook for both coal and
iron industries.
Bishop loughlin. of Brooklyn. is dying.
Dr. McGlynn last night said lac would
mover become reconciled 20 the Church II
Obliged 80 retract what be had said lie
limited at Pope Leos death and the changes
The double turLeted monitor biantonomoh,
which has been fitting at tine Brooklyn navy
yard for the last two months, VIII be ready
Tor sea on Friday.
DEATHS FROM 1HT GEP.
For the twenty-four hours ending az noon
to-day III deaths were reported an Increase
OF eighty over Yesterday. There were many
deaths reported from pneumonia Or to-
days deaths sixteen were from grip. The
record IS the highest SO far in any one day
this winter. one hundred and hfty-one po-
licemen are on the sick list
DEMOCRATS WIN TIE SENATE.
The Democrats are jubiant over tho de-
cision OF the Court OF Appeals handed down
IN the contested election case in their
favor The Senate organization vii,
therefore be elected by tho Democrats
on majority OF lG T. %. The result
OF the decision by making the Senate
Democratic Viii cause the appointment of a
large NUNS er OF new men u place OF the hold
over Republicans kept in Office since 1854 10y
the refusal of the Republican Senate 10 con-
firm the nominations OF their successors. The
State will also be reapportiOued and made
Democratic all through.