The times. [volume] (Richmond, Va.) 1890-1903, 1891-04-16
CHE COMPANY ORGANIZED.
Annual Meeting Of The Tennessee Coal and
Iron Directors.
THE PROPOSITION TO SELL THE PROPERTY
he Deadly Work Of ola Grippe"-The Story
from Chicago n Parry Tale--Motro-
politan News.
NV YORK BUREAU,
RIcHMoND DAILY TIAEs,
New YORK. April 10. 1891.

Tho Tennessee Coal and Iron Company
directors held their meeting to organize
today and elected Thomas c. Plat,
president y. Baxter, first vice-presi-
delt r. +. Hillman. of Birmingham. second
vee-prsident; A. VI. Shack, third yice-prosi-
dent and general manager, and James Bowran,
secretary and treasurer.
The executive committee will consist Of the
rrcsidcut first vce-president, John II. In
nan. General Samuel Thomas, c. q. Baldwin,
A. D. Bordman and Napoleon Hill.
The directors discussed informally the
imposition 10 sell the East Tennessee prop
erty % au English syndicate. but made no
accommodation on the subject 70 the stock
holders. who meet and viii act officially IN
the matter On May 9TH.
10 is sad that the meeting was harmonious,
and that no friction occurred between the
severn. opposing parties in the board. MI.
favor of the proposed sale and would vote
for it he is inclined o. think that the majority
ore opposed 10 IL, and he viii not feel very
Lad If they do shclye the scheme.
1T Is PARRY STORY"
The cashier Of the Manhattan Bank says
that the dispatch from Chicago, announcing
that there is q balance Of s5.OOO,OOO IN that
institution, belonging % the heirs Of Isaac
Phillips who was born az EastOn, Mass, on
MAY 2. 1866, is q fairy story
The FTcslaud. which arrived to-day,
brought lii immigrants.
CLOTHING OPERATIVES coNFTRENcE.
The international Conference Of the ready
made clothing operatives discussed the
"-weating' system to-day. The evils of the
system were related 10y John Crawley, score
-Arv of the Boston union of clothing opera
tives Steps will be taken by the conference
before its close 60 abolish the evil 10y "a strict
enforcement If a union label 10 be attached TO
all garments made IN clean shops.
NOVEL EXHIBITION.
Something novel in the way Of club affairs will
take place this week at the Grohes club house,
when an exhibition Of almost priceless fans Is
90 be opened. The club authorities on this par
rcular branch Of aesthetic objects have been
hard AZ work catalogung the gems which the
club "a % exhibit. and tine result If their la
b0rs VIII make exceedingly Interesting read
iu- From 100 TO 1850 fans valued at not less
than $50 ODO viii be exhibited. many Of them
being Aaud-painted 10y artists OF worldwide
reputation. All these fans among fans have
boon lent 90 the club The exhibition viii be
tho final one of the season.
THE sANITAEIUM SCHEME.
Mr. David W Read of Nautahala, n c.,
WHO Us ~NNNl l4l- kN lA4' Aiftl li'-Attl lANtiif
WIS asked his opinion on the report that the
doctors were going to build large SANTA
rum at Cumberland Gap, said. Well, II 1t Is
true II viii be a great success My home Is
In the Smoky Mountains, not very far from
tie Gap and don't believe there Is % coun-
try on the surface of the earth that for health
fitness and natural beauty can surpass II.
"One thing the doctors have IN their favor
Is the ability 10 fll their hotel. What do |
neaus Why you know that most hotels have
O. aiyertise and solicit people 10 spend a
while with them. This will not hold good
with the hotel u the Gap a man goes to
his doctor and says he Is feeling badly. lie
is ordered o. go TO the Gap. Great scheme;
l should say Soc and It means "a gold mine IN
the poo ket- nj those interested"
TIE NEW SUMMER RESORT.
Workngmen are busily engaged in com
pleung. ia accordance with the contract made
with the Palisade Amusement and Exhibition
Company, the Eldorado, the new summer re-
sort on the Weehawken Heights above the
West Shore railroad terminus. IL Is 10 be
ready not later than May 18th. BolOssy Kill
rally has been engaged rs the amusement
manager. Among the buildings which are T.
be- erected is a Roman arena. being built IN
the place of a grand stand. and having large
seating capacity. 1t will picturesquely repro
duce the arenas of olden times. whore the
Combats between wild beasts and gladiat0rs
were fought In addition To the Roman
arena there will be a large music hall, bowl
Jug pavilion and many other attractions at
EdOradO.
WALL STREET ECHoEs.
The Southern Cotton Oil Company has de
cided % pay no dividend This season. The
concern has made great do d of money tins
year and has earned good dividend, but the
directors think IL best o. pay on debts in
CURED On last seasons bad trade. In five
months the company has earned its interest
for twelve months
The statement of customs receipts shows a
rapid gam IN the percentage of silver
rendered 70 the Government. In January
payments IN gold certificates amounted 10
~ per cent. February Il per cent, March ca
per cent. and thus far IN April less than 80
per cent Payments in silver certificates
amounted o. per cent in January q per
cent "a February. rs per cent ID March and
j. per cent during the first ten days M April.
Payments ~ treasury notes amounted 10 D
por cent. N January, per cent. in February,
u per cent. IN March and q per cent. thus
lar in April
South Carolina income bonds declined be
cause of the report of net earnings for the