The times. [volume] (Richmond, Va.) 1890-1903, 1891-09-02
FURTHER ADVANCE IN COTTON
The Action Creates q Better Feeling In
Southern Securities
GOLD COIN COMING BACK FROM ABROAD.
Another Shipment Ycsterda y--Rsiirosd Earn
ings-Mrs. Astor's Imported Dresses
sold-New York Notes.
NEW York BuRxAu. RICHMOND TrMKs.
September /. 1891

The advance in cotton has created better
feeling toward Southern securities and they
may soon join the bull procession. The cot
ton market for several days has been alive in
stead of dead as heretofore. To-day further
general advance Of from ten 10 twelve points
took place, and January delivery advanced
from 1913 tho opening price this morning as
we'll as the closing quotations last evening to
90s. Before 1890 O'clock i40 900 bales changed
hands.
Application was made to the sub-Treasury
to-day for $500. COO worth Of currency TO be
sent to New Orleans for the purpose of as
ssting in moving the cotton crop: Half gold
and half silver certificates were deposited IN
place Of the currency.
THE STOCK EXCHANGE.
The increase in tho business o. the Stock
Exchange as compared with last August ~
over 40 per cent. in stocks and more than 100
per cent. in bonds.
Another shipment Of $4,000 gold has
been made from the continent 10 New York.
This makes a total of 81 600, 600 50 far.
RAILROAD IA gSISGs.
The July statement Of the Louisville and
Nashville railroad shows gross earnings Of
Il, $50, 791, an increase of S32l ,GOy and net
of s691. 20l. an increase Of 1858 1875.
Earnings of Richmond and Dsnville system
for the third week in August shows s2l,OSO
increase
MRS AsToB's DRESSES SOLD.
The two dresses imported for Mrs. Aston.
which were seized by custom officers, were
sold at public auction to-day for $500 and
s770 respectively. The Government makes
profit Of over 5000 by the transaction. Felix,
the famous dressmaker, made the gowns for
hrQ A at Ub a a wa q n B0rFta
and agreed to send the gowns 20 this country
G.. q. ID. He had them invOiced as one case
of silk wearing apparel worth 900 francs, or
two hundred dollars. When the vessel ar
rived in New York on July %, they were
seized for an under valuation, and when APP
praised We're valued Mt s694 80, or about $500
francs The duty placed on this amount is
S416S8, making the total valuation in this
country 81 Hiss. Mrs. Astor refused 10 pay
this amount.
LTGIoN OF HONOR OFFICERS.
The supreme council of the American
Legion of Honor in session at Long Branch.
n. j., has elected the following officers: SD
preme Commander, Fnoch s. Brown, of New
York. Supreme Vice-Commander Benjamin
+. hymier, of Texas; Supreme Orator, J. p.
Richardson. Of Missouri; Supreme Secretary,
Adam Warnock. of New York; Supreme
Treasurer, George W. kendrick Jr.. OF Phia-
delphia.
THE CASHIER DISMISSED.
The trustees Of the New York Life Insur-
ance Company, at a special meeting, dis
missed from the company's employ Theodore
M. Banta, the cashier who made the charge
of acknowledgement against the president and
trustees of the company four years ago. and
also has been active in the recent similar at
tack in the New York Times.
HENRY GEORGES REPLY.
Henry Georges article in reply to the
Pope's recent encychcal is rapidly growing
into small book. The volume will shortly
be issued not only in English but in French
and Italian and perhaps in German. 1t was
question with Mr. George whether the original
edition should be in italian or in English.
Mr.. George has been hard at work on the
article for some months and 1T will contain a
new statement of his peculiar doctrines as to
land holding.