The times. [volume] (Richmond, Va.) 1890-1903, 1891-06-25
CONDITION OF THE TERMINAL.
President John h. InTnarl on the COnpanys
Financial Affairs.
GOOD OUTLOOK FOR SOUTHERN CROPS.
xxtrtt.n, II. Rhett Out on BaiI-Death of DIR.
TaImage's Brothcr--statuo to beecher
Unveiled-Ncw York News.
NKw YoRK BUREAU, RIcHxoSD TINES.
IEH J.paOl 1901

minal financial dudAAS NV
shane. has no floating debt has money IN 'he
treasury and some 100000 cash loaned 10 'le
Georgia Central and Richmond and Danviiie
on good collateral.
In additional it has a large amount OF avail
able assets in the treasury. The interest on
tbe fves is not due until September Isl. TWO
months away, and we have Just declared inc
,eoular z per cent. dividends on Richmond
and Danville and % per cent. Oh, hlchIhonu
Terminal preferred. This certainly IS not u
SION of intended default. / expect that the
current year will be as good as last year
WHEAT AND COTTON CROP.
Prosnects are favorable for a large cotton
crop. and although the iron and steel INTERESTS
are not making as much money as shouiu
like 70 see them make, production SHOWS 49,
change In Tennessee an enormous wheat
crop has been harvested and corn PROMISES
we'll. We began reducing expenses IN ApIH
and the results are showing IN net earnings.
In the month of April gross earnings ~
creased sl3S.S62, expenses ncTtaseu sio,t.9'
and net earnings increased 19J.U03. III 'i"y
the gross earnings increased -sl.7oo, ana net
will show a corresponding good increase. 1no
gross for two weeks in June increased s4i'ooV'
DECLINE IN TERMINAL BONDS.
When asked TO express an opinion as 10 the
cause for the decline in Terminal bonds; Mr..
Inman said. The bonds OF all systems nave
declined, and naturally our ROADS are no eA-
.eption. There was no syndicate ~ support
the price OF the bonds. They were issued 10
tered and fell of in the absence OF demand
exactlv AS other bonds have done. The syn
dictate which agreed 70 underwrlte the issue
had TO take very few bonds, say S3OO,OOO."
RHETT OUT on BAIL.
William b. Rhett. who was remanded after
his acouittal last night To answer two lndlct-
ments charging him with abduction. was TO-
day released on bail. The amount hXed on
each indictment was II 900.
DIR. John Talmage, q brother ot the hev. ].
Dewitt Talmage, died suddenly TINS morning
from apopleXy. He was As well as usual one
hour previous. lie has been living q retired
life for several years at..Somerville, Nj.
IN MEMORY OF ARCHBISHOP HUGHES.
One of the features of the commencement
exercises of st. Johns College. FOrdham. to-
day, was the unveiling and presentation OF a
memorial statue Of the late Archbishop
Hughes. the founder of the college. Inc
ceremony opened by a solemn military mass
celebrated by Archbishop CoIrigan, after
which the presentation was made by Judge
Morgan J. O'Brien. The Grafton was dely-
cred by Archbishop Ryan, Of Phladelphia'
after which followed the comforting OF de
grees and tho presentation of the prizes and
medals 10 the graduates. The statue IS
presented 10 tho college by the
alumni of st. Johns. II stands on the lawn
facing the main building. The foundation
stone rises four feet above the ground. On
this rests the plinth, MN inches nigh, when
supports q shaft of polished granite five feet
high, on the front of which Is the inscription
in Latin. On the other side OF the shalt are
selections from the archbishOp's sermons and
lectures. At the top is the statue, heroic IN
size. of the archbishop. The statue was cast
p IL -.-I-. II A. NT.rrf,a Dnxuar IN
this city aud is the work of William Rudolf
O'Donovan, A. n. A., formerly OF Virginia.
THE STATUE.
The back of the statue, which is a great ex-
panse of singularly agreeable silken folds.
still carries through 1t all the impression OF a
man. and the particular man IN question. ana
conveys TO all who look upon 1t a distinct I'M
preston Of New lOrk's first archbishop and
of no one else. The work is singularly I'm
bued with that subtle but at the same time
palpable quality we call. for want OF a better
term, personal magnetism; II IS very vital
with a peculiarly personal vitality. ANY one
who closely studies the work Will hnd himself,
rs 1T were, unconsclOusiy III the presence OF
living man, making such a revelation OF his
inner qualities before our very eyes as he
never made 10 the closest of his friends. 10
this end, the artist takes Us with the
same directness, simplicity Of method and
detestation of subterfuge that always
anu ever ulcAllEUlclAtu Ao A4iAhAl NNNp SUI
iect. MIR. William Rudolf ODOnOvan was
born in Virginia. as was his father, and served
from the day his State seeded until the sur
render at A%ppomattox in the Stauntou Artll-
lery. Shortly after he came 10 New York.
with which he has ever since been identified
and 10 which he is attached by the warmest
ties Of affection. The achievements Of Mr..
O'Donovan in his art have not only beeD nota-
BILE. but of that enduring kind that will con-
tinue TO grow with the growth aud education
of the sensibilities Of the American for all IN
art that is true and inspiring. The entire cost
OF the memorial is something over $4,000.
The bronze III 1t weighs 5000 pounds.
HENRY WARD BEECHER.
The unwilling of the statue of Henry Ward
Beecher on City Hall Square, Brooklyn, this
afternoon was an event of great public inter
est in that city. Tn exercises were begun
with prayer 10y the Rev. :. Is. Holiday, Mr..
Beechers Sssistantin Plymouth church. The
statue was then unveiled by a %grandchild of
Mr.. Beecher's, Gertrude RoXana Beecher.
DIR. Charles IL. Hall, chairman Of
the Beecher memorial committee. then
made the formal presentation of the statue
20 the city, and it was accepted ty Mayor
Chaplin, who IN turn gave 1t IN care Of the
Park Department, which was represented by
its President. George Y. Brewer. The ora
ton was delivered 10y Or. Seth Low, eX-
mayor of Brooklyn. and president Of Column
ON RfilitEt. Inc Ntitilc ~ tl bIbllt OF heroic
size. and stands upon a Quincy granite pedes-
tai suitably inscribed. 1t represents Mr..
Beecher with his head bare and his hat in his
hand, wearing Il cape Oyercoat and an OTdl-
nary suit OF clothing, and standing ia a firm.
erect position. The pose WIS chosen from "a
photograph which the family regard as the
best ever taken of him. and the sculptor had
his clothing to model from and a death mask
OF his face, as WEI, as photographs. The lace
is somewhat idealized. but much of the char
acteristic expression of Mr.. Beecher has been
preserved.
NORTH CAROLlNAs MILITARY.
Adjutant-G General James D.. Glenn, Colonel
Arthur l.. Smith. lnspector-G General and Cap
tain 4. h. Robertson of the Hornets Nest
kifemen. of the Governors stah, North Caro-
lima. who have been examining the different
camps of Massachusetts,, Pennsylvania and
New Jersey, have paid a visit to the State
camp at Peekskill. The party is seeking
information with a view TO modelling a perma-
ment camp 1T Mrightsville for the instruction
of the North Carolina National Guard. The
fact that the Seventh regiment is i'm camp at
this time gave them a practical illustration
OF the system OF conducting a State camp
here. The visitors were the guests of General
Porter and Colonel Appleton while in camp,
and expressed themselves as greatly pleased
with the camp, with the appearance of tho
Seventh on drill, and particularly on guard.
COUNT LEwENHAUPT's REMAINS.
vba Ravar1 fap,l,, l.c;1ol IN, tu.oo-~