The times. [volume] (Richmond, Va.) 1890-1903, 1891-09-18
TALK ABOUT THE TERMINAL.
No Reason Why the Company Cannot Carry
Its Floating Debt.
TIYYLNY HALL DELEGATES REJOICING
Al the Nomination Of Flower and Predict
Great victory-Thc Teurst BISMARCK
Breaks all Previous Records.
NEW YORK BUREAU. RICHMOND TIMES, !
S0Dt II. 1921.

NTw YORK BUREAU, RICHMOND liMK5'l
Sept IL. 1891
Wall street still continues 70 worry over
the Terminal AFFAIRS.
The Journal SAYS this evening "A few
dsvsaco a concern which is lending 100000
on ak months timo TO Richmond Terminal
properties asked for and obtained a complete
list of the securities belonging to the Georgia
Central Company. These securities were
carefully considered by good judges Of values
worth between sl2OOOOOO and $4,000 900.
The par valss WAS about $4,000, ooo."
II THIS. WHY THAT?
The question arises why a company with
such value IN quick assets should nave any
difficulty in carrying floating debt amounting
10 only about <i,OOO.OO0.
A gentleman familiar with the Affairs OF tho
company makes this answer Georgia Cen
tral has securities Of far more than sufficient
cash value 70 provide for IT, floating debt II
ought to be in II very easy position.
THE REASON WHY.
The reason il is not is that rumors have
been floating around, passing from one man
to another. limiting this and that against INC
company and against its management III, nhIlI
money lenders have lost confidence. lheJ
don't know anything particular IN the matter;
but they have an apprehenslVe feehhS, anu
prefer To make loans somewhere else. There
has been great deal of money maze IN pro
perties Of tie Terminal system, and there
NAV be people who sec way TO MAKE more
by buying securities OF these Ioaus III ''''
low price
SALE or THE sKCURITIrs.
Suppose the collateral note plan does not
90 through, The only way money can be OBJ
tanned. aside from borrowing, is by me SAFE
OF securities Now. Il people take advantage
L.
securities below their real value you have inc
characters and the plot for gen'eei financial
comedy.
ALL PREVIOUS RECORDS BRoRxN.
The Feurst Bismarck of the Hamburg Inc
arrived Al Southampton this morning pIeak-
ing all previous records between New OK
and southampton. She passed the nghlshiP
Oh her way out last Thursday at l:O5 +. VI.
and arrived at southampton at tins morn
ing completing the run ID SIX days, Twelve
hours and fity-eght minutes. The Ieurst
Bismarck lowered all previous records be
tween this and Southampton Ia June last put
her record lust made Is even better than that
first made by several minutes
TAMMANY REJOICING.
There is nothing but rejoicing to-day
among the 1ammany Hall delegates and
Democrats who attended the Sarat ga con-
ventiOn The Iammany people say that II Will
mako little difference what tie County Demo.
Gratis do. that the State ticket Will be elected
anyway Publicly they express the opinion
that Flower will have 25,OOO or $4,000 MAJOR
ity in New DIRK city
FOR FLOWER AND VICTORY.
Boss Mclaughlin says nothing. but his
heutenants are ont sQuarey for Flower and
victory. Mayor Chaplin has already sent
letter of c0ngratulation, Offering his services
in the campaign. Grover Cleveland also
cOngratulates the lucky candidate The Buf-
falO "Enqurers' leading editorial to-day
supports the Democratic State ticket. viii
the exception of Sheehan. whom 1t bolts
WANT THEIR BBOTHER's MONEY.
William W Merriam. rather eccentric
man who died in January. 1889, at Rlyerhead,
Suffolk county, L. J.. left his property.
amounting 20 nearly 100000, to tho Govern
ment lie had been estTanged from his rela-
tives for 4 number OF years. and resolved that
they should not have any Of his
money. The will was admitted 10 pro-
bate in Suffolk county and now
his sisters. who are next of kin, appeal 10 the
general term in Brooklyn 10 have the will set
aside. claiming that the testatOr was OF IN
sound mind and that the will was not prop
erly acknowledged by witnesses. United
States District Attorney Jesse Johnson ap-
peared in court for the Government this
morning and cOntended that the will was
rroper and that there was not faint OF IN
sanity about the testator. Decision was
reserved.