The times. [volume] (Richmond, Va.) 1890-1903, 1901-12-07

tow record. There seemed 10 DE littl5 o.
no support, and stocks were left te take
care Of themselves.
THE CAUSE ALLHiED.
There. were two or three disturbing
causes ment1oned-one Of them the III
ness of Mr. E. H Hartman and the
other the prospect Of an unfavorahle
bank statement, which was strengthened
by the stiffness of call money.
The market went down in the face of
another batch of railroad earnings, for
the fourth week in November, showing
large increase over the earnings of the
corresponding week last year. Chesa-
peake and Ohio increased s43,9S6; Toledo.
Peoria and Western increased s45I0;
Southern Pacific net Increase for the
month of October was S1SS, 19i; Norfolk
and Westerns increase for the fourth
week. in November was s62,937, the in
crease from July 1st being Solo,S23; Cen
trail Of Georgia for the fourth week in
November increased S21,155, and Nj s'c"ri
Pacific 32S2,0o0. But in spite of this Won
derful showing for Norfolk and West
ern, Chesapeake and Ohio and Missouri
Pacific the stocks Of all these roads were
lower. American Locomotive held up
wonderfully we'll. The New York 1ri-
bune says that the common stock of this
road appears to be going largely into the
hands of permanent holders. - IT'S in
vestment quality" adds the tribrle,'is
considered; particularly hign,. in view of
the fact that a great enlarS :'aent # TIE
companys facilities has been found ne'-
essary to meet the demands for locomo-
tives. Furthermore, the need FIR l,.c-
motives owing to the constant expan-
sion of railway interests, must steadily
increase"
THE POCAHONTAS DEAL.
The Tribune prints the following spe-
,cial from Philadelphia:
The announcement here to-day of the
purchase Of the Pocakontas coal fields
by the Norfolk and Western Railroad
Company at a. price almost double that
at which the purchase could have been
made a few months ago came as a sur
prise to "the Street" as it had been be-
lieved that the syndicate which recently
secured possession of the title had been
formed for the purpose of selling the
LAND to the United States Steel Corpora
ton. A few months ago an effort was
made to sell the Pocahontas coal fields
all the product of which has been hauled
by the Norfolk and Western. The Nor
folk and Western was conversant with
the details, but refused to purchase. A
syndicate of representatives of the
United States Steel Corporation was then
formed, and it secured the property "a
prominent railroad official said to-day:
The purchase by the Norfolk and West
ern is to protect itself and to prevent
the building of ano.ner line into the Po-
cahontas coal region. When the syn6i-
cate recently purchased these coal fields
the impression got out that the United
States Steel Corporation would eventu-
ally become the owner, and in some
quarters it was thought a railroad might
be built to the coal fields. which would
deprive the Norfolk ana Western Rail-
! road OF it's soft coal tonnage.
FORTUNE OUT OF COTTON.
The New York Herald gays:
| Theodore H Price, who was head OF
the house of Price, Mccormick & Co..
which failed in May, 1899. for nearly
! SIS. 900. 600. is reported to have cleared
| 1900 for himself and a great >1eal more
| than that amount for his friencs by the
bulge in cotton last Tuesday. when the
| Government report; sent prices, jumping
from about $50 to 8 cents.
Mr.. Price started the great bull cam
paign in cotton in the season of 1855
when prices advanced from 6 to nearly
10 cents a pound.
| he Produce Market.
White beans and the like are selling
we'll on the produce market. White beans
are going at $1.9O to 50 per bushel. Black
| eye peas sell for S15O to s1.65 per bushel:
black peas for S1.1O to $1.15. and clay
| peas. SUc. TO 81.
Dried fruits are selling as follows:
Peaches, Sc. per pound; cherries. II to
12kc.: blachberries, 4 to 41ac.; raspber-
ries. 121s TO 15c.: whortleberries. 10 to
lie; apples. to 419c.
Live poultry is very. dall. Dressed pou1-
try is better and is in gooo, active de-
mand. The former sell as follows: Tur-
| keys, 10 to 1cc.: ducks. 10 to &c.; chick
ems, to 121ac.; hens, 0 to 10c., ROSTERS.
to &c.; mixed lots, to l0c.; geese. to
1oc. Dressed poultry sells as follows:
Geese, to 10c. per pound; hens. to 1Gc.;
chickens, 8 to 12lac.: ducks. 10 to 13c.;
EGGS are selling from % to 2ac. PEI
dozen.
Butter is worth 1e to 1sc. per pound.
1 Fancy cabbage bring from S1.75 to s.
per barrel.
| Onions are worth So to $3.50 per barrel
[ ara selling a nx-u-here from 50