davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13

sagging tendency. But the violent adj
vance in Sugar at 123M or almost >
points net caused n sympathetic harden
ing in prices, turned the traders TO
the hull side and induced the shorts to
cover hastily. The result wns strong
close. notwithstanding the final slump
of over points in Sugar and net gains
reaching n point or over in many cases.
The important movement in the Atchi-
son securities was continued and gave
tone to the whole market. The prncl-
pal activity in the movement showed
n tendency to shift from the prefer
red to the common stock, which ad-
vanccd 1'k on the day. The preferred
stock aud the bonds continued in large
demand, the former closing ut n net adj
vance Of 1M. Other properties in when
the leader in this movement is Interested
were also notably strong, including Peo-
pies Gas, Rock Island and Brooklyn
Rapid Transit, but the Federal steel
stocks showed u hating tendency. Inc
strength Of Louisville and Southern pre-
fcrred was due TO the excellent traffice
returns of the two roads for the first
week in November. The bank statement,
which was unfavorable was disregard
ed.
The business in bonds on the stock
exchange during the week, which was
only four full days and to-day's short
day exceeds nj previous full weeks re-
cords, with total sales of II par value
approximating $34.000,000 against the
previous high record of less than $40
100000. On Thursday the sales Of
bonds exceeded in par value S10,0OO,0OO
against the best previous days business
of ST,500,000, and on Friday the day $
business nearly approached Thursdays
record In the total number of shares
of stocks dealt in. the weeks record
has been many times exceeded, but in
the number of different issues in which
one hundred share lots have been dealt
in, the weeks record has never been sur
passed, thus indicating the breadth and
uniform interest in the market.
The weeks unprecedented business in
bonds has resulted in higher prices all
round, the middle and lower grade is
sues showing the most prnounced effects.
United States new As coupon have
advanced Is; do, registered y; the old
As registered q and the SIS coupon, the
old Is coupon and the IS in the bid
price
The total number of stocks to-day
Were 361. 800, including: 3S,320 Atchison;
II 800 AtchisOn preferred; 5000 c.,
Burlington and Quincy: 1880 Louisville
and Nashville; 10S77 Northern Pacific;
9T52 Rock Island; 20 $50 st. Paul; To-,
361 Union Pacific preferred; G,540
American Tobacco; 1890 Bay State
Gas: 5.215 Federal Steel; 1867 Federal
Steel preferred; 1870 Peoples Gas;
9S 040 American Sugar.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
NEW YORK MONEY.

NEW YORK, Nov. Pa p. M.-Money on call
steady at Q per cent: last loan at per
cent Prime mercantile paper 3a4 per cent.
Sterling exchange easier, with actual business
in bankers bills at SASS Aa4. IS IL for demand,
$3.50 and 1886 IL. Commercial bills S4.sI0
4sl1-2 Silver certificates 60 1-2a6l. Bar
silver 60zS. Mexican dollars AZ Government
bonds steady. State bonds inactive. Railroad
bonds strong.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
NAVAL STORES.

WILMINGTON, N. c., November l2.-Turpentine
steady at 80 4 a33A; receipts 105 casks.
Rosin dull at S105a1.10; receipts 372.
Crude Turpentine steady at Sl.25, $3.50 and
81 .00 receipts "A barrels.
Tar firm at S1.15; receipts POT.
CHARLESTON, S. c., November l2.-Turpentine
firm at 80 bid; sales
Rosin quiet; sales - barrels.
SAVANNAH, Ga, Nov. 12.-Turpentine firm at
"a; sales s6f receipts 1,263
Rosin firm; sales ,2O9; receipts 1877; A, D, G.,
d, 100: E, SI.05; +, $1.15 G., S1.20; Il, S135; L,
S1.40; K, Sl45; M, $155: N. $3.50: w G. 81 25;
w w, $40.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
LOCAL STOCK MARKET.
GRAIN AND PROVISIONS.

Chicago, ILL.,, Nov. 12.-Enormous ex-
mort takings at the seaboard to-day caus-
ed an advance of * in December wheat.
Nav closed unchanged. Corn and oats
were unchanged Pork and ribs left
off unchanged and lard rose 21a
CHICAGO, November IL.
Opening. Closing.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
OTHER COTTON MARKETS.

OTHER COTTON MARKETS.
Galveston, quiet, AZ, Is ,2o9 bales.
Norfolk, firm, 1916, 7i30 bales.
Baltimore, nominal, 5h - bales.
Boston, quiet, ) 5-l6, l,784 bales.
Wilmington, nothing doing, AZ, 1,5O4 bales.
philadelphia quiet, 9-1o, 1855 bales.
Savannah, quiet, 4 g-16, $3.50 bales.
New Orleans, steady 5 3-i6, Is, 748 bales.
Mobile, dull, a Lilo, 1923 bales.
Memphis, steady, 1915, 5,l36 bales.
Augusta, very firm, 5, 1893 bales.
Charleston, steady, "A, l119 bales.
Cincinnati, quiet, u, GAG bales.
Louisville, steady, 5, - bales.
ST. Louis, quiet, A 15-16 578 bales.
Houston, steady, AZ, y, s89 bales.
New York, duh, 5-l6, l,5OS bales.
RALEIGH COTTON.
RALEIGH, N c., November H.
Receipts 229 bales. Market quiet.
PRODUCE.
Spring chickens ...,.............,. l21aDl71s
Eggs ........'''.'''.'''. ~ ~io
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
The Prettiest Store in the State
SALE OF REAL ESTATE.

BY virtue of an order of the Superior Court
of Forsyth county, N. c., will sell Tor cash at
public auction, at the court house door in Raj =
eigh, N. c., on Monday, the 9Th day of pecem-
Der, 1898, at II O'Clock m, the following de-
scribed real estate: A lot of land lying and be-
ing in the city of Raleigh, N. c., beginning at a
stake on Soute Harrington street; ruus north
along said street thirty-six 1857 feet to a stake
ig Charlie Aliens line formerly T. H. Selby's;
thence east with said line one hundred and
lightweight 1sS) feet to the line of the Presby-
terrain parsonage lot; thence south thirty-six
1857 feet to a stake; thence west one hundred
and lightweight 1s8) feet to the beginning,
containing one-sixth of an acre. more or less.
There is a good dwelldg on said premises.
This 2sth day of October, 1898
S. J. MONTAGUE,
Executor of j. z. Montague.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
OPIUM; E: z E; &: Si 5 e:
Plants & Flowers

Roses, Carnations and other choice ca,
flowers. Floral designs arranged taste
fully at short notice. Wedding decora
tions, Palms, Ferns, etc., for house
culture. For ornamental gardening al
the lowest price All kinds Of bedding
plants, GeraniuHs, Callas, Helfotropes,
plats, Geraniums, 6oleus, Heliotropes
latest varieties. Vines for the veranda
Tomato plants, once transplanted, In
standard sorts. Cabbage, pepper and
pot grown Egg Plants. Gelery at proper
season. All mail orders promptly attens
ed to.
Fl. sTkTNMETZ, Florist.
PHONE f1A RsIai~h
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
LIVERPOOL.

LIVERPOOL, Nov. l2.-1 p. M.-Spot cotton,
moderate demand, prices steadieo American
middling Sd.
The sales of the day were 5000 bales, of which
800 were for speculation and export, and in
cluded $500 American; receipts l8,400 bales, all
American.
Futures opened steady with moderate de-
mand and closed steady.
American middling. low middling clause:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
COTTON.

New York. Nov 12-The cotton mar
ket opened quiet with prices unchanged
to one point lower and ruled exceptional
ly dull andfeatureless during the fore
part of the session. with prices confined
to Il range of two points. Liverpool
cables were about as expected the crop
movement no more Than filled conserya-
tive estimates, and orders were few and
far between. thus leaving room-traderS
purposelesS for the most part. Several
houses were seen to close out their &c
counts quietly, seeing nothing in the
general situation to inspire confidence.
At best it was a dull holiday market.
The late market was slightly feverish,
but prices continued to follow narrow
channel. The close was steady at net
unchanged prices
Estimated receipts at the ports for the
day were $4,000 bales, against 69,900
last week and $500 last year.
For the week 100000 bales against
445,S6S last week and 396,S50 last
year.
Tuesdays receipts at Memphis were
5000 against $500 last year and at
Houston 22,5S9 against 1923 last year.
Estimates for the weeks receipts at
the ports pointed to Il movement of 450,-
600 bales, including about $4,000 bales
to-day, while $4,000 bales were expect
ed to come in sight before next Friday
night
NETWORK.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
BALTIMORE.

BALTIMORE, Md, Nov. 12.-Flour dull, I'M
changed; western super $a2502.60; do. extra
s2.90a3.25; do. family $3.5Oa4.0O; spring wheat
straight S4.35d4.50.
Wheat firmer; spot 7la71A; November 71a714;
December 72aa72 1-2; steamer No. 2, red -;
Southern wheat by sample 6j0714; do. ON
grade
Corn firm; spot 37a37]S; November 37a37@
new or old, November or December 37a3 q;
January 37a37 ~; February 81 bid; steamer
mixed =; Southern white corn 36a37; yellow
35a37, new.
No. mixed 28a2S IL.
Rye firm; No. nearby 55h; No. western
81 Ia
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
SALE OF VALUABLE LANDS IN
WAKE FOREST TOWNSHIP.

Under and by virtue yf judgment and de-
cree of sale made and entered in the Superior
Court of Wake county at October term, 1895, IN
an action therein pending entitled the National
Bank of Raleigh against L. r. Wyatt Joseph
A. Haywood and John p Haywood and Job T.
Wyatt and j. n. Holding, trustees, will sell at
public auction at the county court house door,
in the city of Raleigh, on Monday, December
6th, 1898, at u O'Clock m, the one-fourth undl-
dided interest of said Joseph A. Haywood in
and to q certain tract of land lying in Wake
Forest township, Wake county, on both sides OF
Neuse River said to contain 1850 acres, adIoln-
ing the lands of Wesley Stell, r. F. Temple and
others, and being the land conveyed to Jos. a.
Haywood by Fab. J. Haywood and Martha b.
Haywood by deed dated 18th day of April, 1879,
and recorded in book So, page 100, Register OF
Deeds Office of Wake county, and by said JOS
A. Haywood and Mary A. Haywood conveyed to
L. r, WYATT bv mortgage dated 18th of Febru-
airy, 1882, and registered in said registers office
in book 20, page 1876.
Time of sale, II m. Terms, cash.
PERRIN BUSBEE, Commissioners.
Raleigh, Nov. 2 1898. ids
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
PUBLIC BUY HEAVILY
Dealings in Railroad and Cor
porate Securities Enormous.
BROAD, ACTIVE MARKET
RECENT BUYERS SELL AT A
GOOD PROFIT.
SUGAR RlstS 8 POINTS THEN DROPS 2
Weeks Business in Bonds has no Precedent
lthas Resulted in Higher Prices all
Around. Enormous Export
Takings Boost Wheat.

New York, Nov. 12.-There has been
a quiet market throughout the day for
both cotton and wooden goods. Shifting
prints are selling fair at the new prices.
Staple ginghams were firm and Lam
caster staples advanced to five cents per
yard. Bleachcd cottons continue mae
tive without change i'll prices. Coarse
colored goods were dull and generally
easy to buy. Business in all lines of
woolens was Indifferent and the market
dull
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
NEW ORLEANS.

Spot cotton closed dull; middling uplands
5 5-l6; middling gulf 9-l6; sales - bales
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
Big Money Made.
900 to 400 Per Cent.
In Grain and Stocks.

$4,000 invested In Grain sr Stocks
by eur SAFETY METHOD, will pay
100000 In the next NINETY DAYS,
never was there such an opportunity
offered In speculation, to make large
profits In GRAIN and STOCKBs and
with our SAFETY METHOD you are
compelled to win and make handsome
profit, az wheat will be selling before
MAY at $1.25, and stocks viii advance
Write for particulars and take advan-
take Of good chance to make money.
Our SAFETY METHOD La sure wis
ner.
No Risk to Run.
]. q. HATCHER d 60,
Bankers and Brokers.
Baltimore, Nd.
Reliable Agents wanted to represent N
Gin answering, mention that you saw
this advertisement in the News and o.
server.l
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-11-13
NETWORK.

New York, Nov. 12.-Cotton futures opened
quiet.
Futures closed steady.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
LOSSES AT WHARTON.
THEY WILL TOTAL THiRrY-sIx
THOUSAND DOLLARS.
The Insurance Amounts 10 Only
EiIhty-scvcn Hundrcd-Publtc
school Of Burnct Bnrncd.

Wharton. Texas. January h.--where stood
last evening three business houses and 4
handsome cottage, nothing now remains
but cinders and hlackeucd ruins. The Post
correspondent is enabled today to stats
n,cre definitely the approximate loss. G.
c. Clifford. loss three buildings stock of
hardware. vehicles, buggies, Ssb,ooo; wa
ter works. tank aud fixtures, stnoi this rs
partially covered by insurance as follows;
Tcutonic, Si525 Merchants, Sl525i ProVi-
cence tWashingtonl, s5oo; Liverpool ana
London and Globe, St25G--totai insurance,
Sis0o T. Blszarde. loss on stock OF gro
ceries $1,000. insured IN Hartford. SpoVi
Greenwich. sa00--total 5000. S. MARSH,
residence. $500, no insurance. Through
the activity of the citizens the furniture
of Mir. Marsh was saved MIR. Giiords ioSs
viii be felt by this community and county
His was among the best appointed mart
ware business in South Texas. and supplied
planters from wide circle.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
Mr.. DOLE IS COMING OVER.
President Of Hawaii to Look After
Annexation Scheme.
LIE WANTS TO KNOW HOW TO ACT.
The Course 10 ne Pursucd nv tbc
Republic VIII Depend on the
United states Action.

washington. January IA Mr.. Lorin Al.
Thurston. formerly Hawaiian minister to
,ne United States. and now in this city
as the island republics representative in
behalf of the annexation treaty, today made
TIE following statement relative 10 Presi.
dent Dole's mission to the United States:
The Hawaiian legislature meets in reg
ular session IN February. II annexation
takes place there Will necessarily be some
legislation to adapt the laws to the changed
conditions. II ii IS not to take place. tho
tefunding Of the bonded debt will prob.
ably be taken up. which would not be
done If annexation is TO take place. Tho
present bonds draw q per cent interest
and can be taken Zip at any time The en-
tire debt can be refunded at from to
4 IL per cent by the present government.
Il here being 10 cable communication ana
lie mails being so SLOW and so lar apart.
and information obtained ny lstter. beng
az best unsatisfactory, President Dole de-
termincd to come 10 Washington and OBJ
serve the conditions for himself in order
to guide him In making recommendations
to the legislature
The state department has received notice
from United States Minister sewal at
Honolulu of the intenr.on OF Hawaii 10
leave the negotiations open until April s.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15

Galveston. Harrisburg and San ..nson,o
Railway Company VS.. Walter Eatoa. from
Harris county; w J. b. Adans vs. l.. 4.
Powell. from Nowton county: Ephgan an
drews VS.. International and Great No,th-
crn Railroad Company, from Smith county;
Houston Printing Company vs.. Hannah
Dement, ct al. from Washington couaty.
Charles Long CT al VS.. Il. NJ. Woo,ters ct
al. from Houston county, A. s, Hall st 81
VS.. Casper Landolt, from Burleson county, .
H. a. Lufkm VS.. A. q Spalding ,s )tIo.,
from Galveston county, Clarke 4 courts
VS.. San Jacinto County ct al, FROM san
Jacinto county.
Cases set for submission January e7r--
international and Great Northern Railroad
Company VS.. w. c.. Knight. frcm Walker
county; James Clark ct al VS.. ID. II lea-
gan, from Victoria county: Estate John ]
Hanion VS., r.. T Wheeler. from Caves
ton county; s. j. Clemens ct al vs., - AZ
Clemens ct al, FROM Washington county;
Houston East and West Texas Railway
Company VS.. s. y. Perkins ct AL from.
Harris county; Ed Whitaker VS.. IL ~
Bailey. from Nacogdoches county Texas
Co Operative Association Patrons ct ltus~
bandry VS.. r. G Dun 4 Co.. FROM Ct,-
weston county; State Of Texas VS.. Man,coth
4 Townsend. from Aangclina county.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
nuMGLAn-PRoor JAIL.
Peculiar Construction of the Gr"n
New YORK PrisnM nmiIhiIE.

| Peculiar Construction of the Great
New York Prison ;iuiIhirE.
| New York, January 1.-THE new Toulbs
| Is to be a story affair. The prison Will
not. however. be one of the steel frame
skyscrapers. 1t is TO be of the regular old
masonry order of structure, with walls
from four to six feet thick The prisoner
who imagines, from the height of the
structure. that it is 10 be an iron sheet
through which he can bore his way out
with steel drill, had better make up his
mind to go elsewhere. Work is progressing
reasonably fast on that portion Of the
historic old keep which was recently RACED,
the foundations and groundwork being
well under way. In planning the new
Tombs the architects have so arranged it
that the prisoners shall not be either on
the bottom or top floors, or near the sides
If, therefore, some enterprisins genius of
the jimmy should file his way out Of his
chilled steel cell he would only find him.
self out in one OF the corridors in the
presence of the guards.
The new home of the bad citizens of the
greater city viii accommodate 766 prison.
ers, including 1926 In separate cells II
necessary, and, although that is about
twice as much as the capacity of the new
part OF the old prison. which Is TO be lett
standing, IL would not surprise anybody
TO see IL jamDed full every winter. That
portion OF the old Tomhs now occupied by
the warden's office Will be torn down when
the present new structure IL flushed, as
the room on The west side is needed 10
widen Elm street, an improvement now
we'll under way Besides being ahead of
the times in several respects, this city
prison viii also contain two chapels, one
for Protestant backsiidcrs. the other for
Roman Catholics.
The contractors, while cxcavating for the
foundations, hit n Klondike In the shape of
a buried forest OF yellow pine timber. They
netted about $4,000 from this windfall.
Today the excavators found carpenters
rule twenty five feet under the surface.
The rule. which was In q good state OF
preservation. had been imDedded In the
ground since the old Tombs prison was
erected. over sixty years ago. When every
thing about the new Tombs Is complete Il
will represent an outlay OF about $500 VDJ.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
FORCED TO THE WAL.
Is cntuclsy Trust Company VIII Make
am AssIuument.

Louisville, Ky, January H.-~President
II u. ormsby of the kentucky Trust COM
pany viii make HIS report OF the affairs
of tt,a company TO the board of trustees
tomorrow ard 1t is predicted that not only
WIFI the report show that the company is
In financial straits, but the president VIII
recommend that an assignment be made
at once so that all tine creditors OF the
concern will be treated alike,
That the company has not nominated an
assignment before This has been a matter
Of considerable discussion among bankers
and business men generally, The assign
nient was foneshadowed this morning.
howover, when President Ormsby gave his
orders TO the employees OF the company
that no money SHOULD be paid out to any
one and no money received unless II was
in payment OF MONEY due Tho company.
As consequence, every one calling for
the money they had on deposit was In
formed OF the orders and that the com
pany would NOT pay anything until IL was
learned how matters stood.
When asked this afternoon II the COM
pany would continue In business, Mr..
Ornsby said IL would not and could not
continue. He also added that there Was
no hope OF paying out dollar for dollar.
Further than this, he refused TO commit
himself.
II is clear that the company In heavily
involved ard that Presidsnt Ormsby will
probably recommend either that an as
signment be made or that receiver be
appointed to take charge of the company
aud TO close It's business
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
rMXAs BUSINESS NOTES.

selman \ Mills have opened lumper
yard az Fcrney.
Johnson Bros, have opened a general
store az Fairfield.
Lankfonl & Mcintosh of Cameron. gen.
eial store, have sold ont
w. @, MiEeli of Decatur. confectionery,
has been succeeded by j +, Bell.
j. w Petty of Atlanta. saddleiy, harness
aud shoes. has filed deed OF trust.
Nicholson Bros, of Dallas. manufacturers
OF candy have retired from business
Crumplor y Wiley OF Sunset, drugs, have
been succeeded by Potter 4 Bellcw.
owen 4 Sturgls OF sherman. groceries.
haze been succeeded by Henry Deoring
CroNton n Aleorn or Henrietta. ury
goods, nave been Succeeded by j. Faloorn
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15

government at the opening OF the rche,,,o,
was favorably acted on.
The senate bill To refer IN tho cc,~, :,
Claims the claim Of the corporatinn ~
oook agents Of the Methodist Enisro,s,
cnurch tSouth) was next taken IN Mr
svoper tDem.. Texas), in charge ~ ths
VII, moved as a substitute hi, an.,,os
this claim. N'' se''is'ene OF
M. Dalzell tRep., Pal iuaururatea !.
.iiouster against the measure nv ,rma,a /.
ing the reading OF the report mn Inc h,l,
when consisted Of about fifty pages, The
i,sauing OF this consumed several honrs A
.ne conclusion OF an hour, when Mr.. PAL
1 1vn time expired. the friends ~ the
n,Il attempted to get an agreement fo,
. ,l' debate. but all requests looking ia
eh,s end were objected to-
Mr' Richardson lDom. Tenn. appealeo
bill. "'VM 'o.e on inc
mr. savers fDem., Texus) said this was
Us just q claim as had ever been presented
a, ~ Songress. The amount asked BY I'M.
~. .u,e.Lhpuist Episcopal church tSouth) IN
WIS DIT, ne said. was not so per cent os
we amount which could be recovered In
.ne courts. Leading bishops and diyines
North and South had Endorsed IL. C,on,n,on
lus,lce, not charity. demanded its passage
ME-. Grosvenor tRep. Ohio, made
,s minute speech in support o. the hin.
ne SAID he knew personally enough ahnnt
tne claim to say that s2Ss 900 was !, y,rv
low estimate OF the damage sustained Nv
the corporation y
After further discussion and before d,e.
posing of the bill the house adjourned
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
state Flor,l soeic,y.

Waco, Texas January 1.-THE state
Floral society met In called session yes-
torday to discuss plans for The years
work aud TO appoint committees On work
Immediately in hand II was decniad 10
have committee whose duty IL should br
10 pass upon the requirements contained
In the constitution and by-laNs aa to thu
suitability of applicants for membership.
The following were placed lpcn the Sps
plioation committee: Mrs c. 81 llarri-
son. chairman; Mcsdanes Layton Pnclutr.
" * Nuudenhall. Lehman Sanger and
Miss ANA West.
Committee on premium list. ". l..
Reese, chairman; ID, H. Fairahild aud
Mesdames Walter s. plunkatt, !. W.
Cohen, J, w. Henshaw, J. p. CARPENTER,
w 4. Hamilton and Miss ANA Nest und
NJ. s. j. Mitchell of Houston.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-15
CONFERENCE An BEA,MoNv.
La Porte Creditors We're Credited
with Colonel Gresham.

Beaumont. Texas. January i4.--ron.
Walter Gresham OF Galveston and rep
resentative OF the stockholders OF the Gal
weston. Laporte and Houston railroad ar
rived in Beaumont last night and held a
lengthy conference with Captain w. A..
Fletcher OF The Texas Tram and Lumber
company, John n. Gilbert Of The Beaumont
Lumber company and CAPTAIN william
VICES o, the Reliance Lumber company.
The LaPorte railroad Is indebted 10 the
Beaumont lumber mills for about $4,000
ana the debt Is secured b. the railroad
company's bond The topic OF discussion
AT the conference between Mr.. Gresham
and the mill men h not known, but II Is
presumed they we're discussing matters
connected with the proposed sale OF the
I.arorte read. Mr., Gresham -Sturned 70
Galveston at an early hour this morning.