The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-02-08
Commercial
WIRELESS TO ROME.

WIRELESS TO ROME.
The italian Minister OF Posts and Tele
graphs has announced a bill In thu
Chamber OF Deputies for wireless tele
graph station to connect Italy and the
United States.
LARGEST CORPORATION CHARTER
ED.
The largest capitalized corporation |,
the world. the International CONSTRUCTION
and Development Company with SO, COO.
10000 capital. has been chartered in Ari
zona. It will go into wholesale manufac
turing IN the undeveloped Western States
Venezuela, Mexico and other Southern
countries.
BIG RAILROAD FINANCING.
What Is considered one OF the mos
remarkable financial transactions OF the
day is the course OF the Pennsylvania
Railroad Company in rcdeposI,ing Its
loan OF $4,000. coo with the banks from
which 1t was borrowed, and drawing
thereon per cent. This gives the com.
pany the privilege for one year Of calling
any part Of this big sum for the consid.
Grafton OF l1-2 per cent. per annum, OF
s525, 900.
DECREASE IN OLEOMARGARINE,
The success OF the Oleomargarine act
which went into effect last July, is shown
by the Bureau Of the Internal Revenue
Since that time the production has fallen
off 100000 pounds.
WIRELESS NEWS FOR VOYAGERs.
The first attempt to supply Incoming
steamers with regular news service was
made JAM 30. when 100 words were filed
by a telegraph company with the Mar.
conf Company for the Cunard liner Lu.
CANA, due at Queenstown Jan. 81 Al
present messages are only transmittde
20 to 80 miles from Brow Head. 3
NEW OHIO OIL GUSHER.
One OF the largest oil gushers ever
found In OHIO was struck by Connects
cut capitalists near Van Vert last Sun
day. The oil flowed faster than cisterns
could be dug to hold it, and although
high embankments were thrown up, II
threatened to flood the community.
SUGAR REFINER1ES CLOSING.
a number of large sugar reflneries In
and near New York, including the Have
meyer plant in Brooklyn, employing 4,oOt
men, the American Company's plant at
Jersey City and the National Company
plants at Yonkers and Hoboken, have
shut down indefinitely. The reason Is be-
ieved to be the large supply of the re-
fined product now on hand. About 10000
out Of work.
SLGLS IIlAASD DtANhO IEHGcD.AE.'se =.
The consolidation of the Savings and
Trust Company and the Citizens Saving
and Loan Association, OF Cleveland,
Ohio, under the name OF the Citizens
Savings and Trust Company. was rai-
fed in that city Monday at joint meet
ing Of the stockholders of the two con-
Germs. The company will be capitalized
at $3.00O,000.
NEW YORK wONfEN'S HOTEL.
The Hotel Martha Washington, built
exclusively for women by the Womans
Hotel Company at New York. Is to be
opened February 18th. It Is a twelve
story. up-to-date hotel, containing accom-
modatons for five hundred permanent
and one hundred and fifty transient
guests and employing female help as far
as possible. Its tenants. who are already
secured, are professional and other self
supporting women. many OF whom are
stockholders In the company Rooms will
be rented at from s. to SIT a week.
WESTERN ROADS BLOCK FREIGHT,
Because of freight congestion on east
crn roads, western railroads have issued
blockade freight notices affecting seye-
raj necessaries Of life. including flour, In
consequence a bread famine was feared