The times. [volume] (Richmond, Va.) 1890-1903, 1895-07-28


Why arc some insurance companies
called "LlOy0s"? There is a steamship
company called so. too, L think?
II. II. r.
IN the latter part OF the seventeenth
century Edward Lloyd kept a tavern IN
Tower street. London, which was fire.
qucnted by merchants and underwriters,
or insurance men. When one underwater
h'n roo large a risk for himself he would
DIVIDE IL among his friends, so in time
Iloyds' began to mean company of
underwriters. LlOyds rooms are IN the
Royal Exchange now, where they have
been since llli. The name was 80 well
known as meaning A combination OF ship
| owners and Insurance men that when
some German INGREDIENTS at Bremen and
some Austrians at Trieste combined to
start steamship lines they took the name
so We have the North German LlOy a
| and tho Austrian Lloyds. The differ
cnre Dctw ccn a lloyds company and T.
mutual company is this: 4 mutual COM
pany Is composed Of persons who insure
one another, a LlOyds company, or per-
sons who insure other people. There are
fire 'LlCyds" now and 'piate-giass
Lloyds.' as well as maritime Lloyds.'
Stock Speculation Terms.
VIII YOU tell me what the terms used
fl stock speculation mean2 r. T.. T.
In speculation OF any kind. "bull IS
q person Cor OPERATOR who believes
/ that prices are going up; bear believes
, tll|t are ENllE NiMI a UNIi r'Alo
/ short" that IS he sells at a high price
| stock that he hasn't got. hoping TO buy
| 10 at a lower rate, and so make money
| a bull likes TO be long of stock it0
| have plenty Of it,, IL he thinks IL is going
! up in price, then he Will sell at an adj
| vance. A margin" is a certain amount
or money put up by 4 Spectator into the
| hands OF his broker. generally small
| aJock. The broker buys the stock ION a
margin" and holds il "fOr a rise IL
| the price goes up he sells. ana the spccu-
! ldtor makes tue money, getting back MS
margin ana the advanced price. Il II
| falls IN price the Spectator loses mis-
| margin and his stock unless ne Increases
! his margin. 4 lamb is a grcenhon
| who tries 10 speculate. lie is apt 10 ~
"ShOrn." a corner Is where an opera
tor secures control Of all the shares Of
hears who have sold short pay higher
prices for the stock which they must buy
| 10 cover their shortage.
| Madame Bla;atsky and General Bonlanger.
What was the romance Of Madame Bla-
vatsky and Of General Boulanserl
CURIOSITY.
We never heard Of any romance con-
| Meeting these two persons. Madame Bla-
/ vatsky was fond of telling the story OF
| her life, that she was the daughter OF a
| fussidn nODlcman. married Wnen child
| 10 baron Blavatsky, that be died, that
/ acquainted with mystics and saees, ana
vas moved 10 establish the IhcOsOphcal
| Society In New York in 1870 She went
| hack 10 India in 1879 and died there May
| l6, 1891. Some years before her death
| the Society for Psychical Research inves-
| tigafed some miracles" claimed by her
| 20 have been done by adopts" through
her. and proved that they We're frauds.
| The society declared that Madame Bla-
| Vastly was a Russian spy and had found
! ed theosOphy as "A cloak for her work.
! General Boulanser had no real romano
| In his life. lie was "a brave Frenchman,
| who became Minister of War in the
| French Cabinet IN 1856 ThereupOn he
| lost his head; imagined himself presi-
/ dent and emperor and tried 10 realize
| his imaginatiOns. lie went out of Office.
| was put ln command of division of the
| army, dis0teyed orders, and was cashier
| cd. HOulanger started campaign
| against the ministry ma was elected 20
| the Chamber Of Deputies. There hc gave
! the DE 10 81. flOUuet. In the duel that
| followed BOuianser was wounded in the
! neck. Thereafter the Government tried
! him on n charge Of having misappr0prl-
ated 5000 francs while Minister OF war
1 and he was convicted To avoid arrest
| he had been tried in his absepce-he ted
! 20 Belgium. Tic was elected asain 10 the
| Chamber but the Government annuiled
| the election lie committed suicide on
| the grave OF Madame Bonucmain on
September 90, 1871. lie lel. wife and
| daughter.