davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
BLIND TIGER RAlD,ED]

Proprietor Severely Pnnfthed IN Police
to I"t'~td-t"S witness.
Josenh Hanpton colored. whose mouse
was raided by Policemen Whey ana
pillow, was convicted In the Police
Court yesterday Of running blind
tiger, or OF selling LIQUOR without
license. He was fined $500 and costs
and sent to jail for four months, and
his stock OF whlslsey and beer was
confiscated. Mr.. Gilbert *. Pollock APP
peared as counsel for Hampton. and
entered an appeal to the Hastings
Court. William Raby giving a bal!
bond of$:6oo.
Robert Yancey and Jack Wyatt, two
negroes, who were In the court. We're
arrested on bench warrant during
the session, charging them with at
tempting to intimidate a witness in
the Hampton case. Policeman Folkes,
who was In the back OF the room,
heard the two negroes tell Green, who
afterward testified that he had bought
LIQUOR In Hampton's place, that II he
appeared against Hamilton they would
"hS" him. Policeman Folkes took both
negroes before Justice Crutch1eld. who
suspended proceedings long enough to
fine them SEQ each apdFput them under
$500 bond for their good behavior for
twelve months. ,!.j
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
NEW YORK PRODUCE MARKET

NEW YORK, January l6--FI4 OUR--Dull
anG lower for all grades. Cornmeal-Steady.
Rys--Firm. Wheat--spot nrm; No, red,
S!.oGi: elevator. Options iS4iac. net higher
May. lllh; July. Sl,o6 Corn--spot Arm;
No >. 7tc. nominal, elevator, Options sc.
net higher, May. 637sc.; July, eSssc, Outs
Srot steady; mixed, 53Mc
Eeet. Cut Meats. Lnrd and Pork-stendy
Taiiow-ouiet. Petroleum---Frm. Rosin--
suady. Turpentine Rice ard Molasses--
s-Gdy. Sugar--Raw, steady; fair refining.
$t.ia; centrifugal SO test s%.o2; molassos
sugar. SAT-; rehned. steady. Coffee-Spot
ilim Rio, No. Z. 6S.l6c., Santos, No. 4, Sc;
mild, steady; cordova, 9t.9l3c. Futures
net unchanged 70 points higher Butter
STEADY. chsase-,Firm and UNCHANGED
EgEs--Ftrmer; nearby, selected. white, $40
S3c; goo lto choics. oS@s?c.; brown and
mixed, fancy, asc,; tirsts, ESQ a631ac; Western
an,. southern first. .6c.; seconds. 25isc,
Freiehrs aud Peanuts--Steady and unchans-
go. Potatoes---steady: Maine. per sack, ;2l2
Gts,36; State and Western. per sack. SEQ
gao. Jersey, per barrel, S2Q2.lo, CabbaIes
Steady and unchanged.
Gottonsaed Oil---Hlgher on covering o!
shorts and better general demand, Prime
crude, 81 q see; prime summer yellow, tlMc.,
or GUNNER yellow. s9ls@Aoisc.; good oft
summer yellow. 3shal1c.; prime white
ill4 q i4c.; prime winter yellow. 4th447c
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Daily Court Record.
Supreme Court OF Appeals.

French vs.. Logan's administrator and
others: fully argued by Wood BouldIn
for appellant and submitted.
Crounse VS.. Crounse: argued by T..
Franklin Athey and G. Vernon Ford
for appellants and T. r. Keith and J..
S. Barbour for appellees and submitted.
Brown g. Hooff VS.. Cornwell ct ais;
partly argued by Robt. A. Hutchinson
for appellants and continued.
Next cases to be called: Burton vs..
executor: Fentress VS.. Pocahontas
Fowling Club; Southern Railway Com
pany vs.. Newton's administrator; Drake
VS.. Blythe ct ais. and Seaboard Air
Line Railway VS.. Chamblin ct ais. be.
ing Nos. 10 to "a, inclusive. on argu-
raent docket
United stntes Circuit Court of Appeals.
The United States Circuit Court O
Appeals reconvened yesterday morn.
ing at II o'clock with Judges. Pritch.
art; Purnell and Boyd In attendance.
The following case. was argued:
No. $50. Richmond Standard Steel
Spike and Iron Company, plaintiff j.
error, vs. Chesterfield Coal Company.
defendant in error: in error to the Cir.
cult Court at Richmond. Reinstated for
argument. Cause further argued by
William L. Royal, Of this city, for
the plaintiff in error. and by Johr
Pickrell and William Crump Tucker.
of this city. for the defendant in error,
and submitted.
Court adjourned until this morning
at 10 o'clock.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
May Revolutioni.c Travel.

The first test of the new gas-electric
car, built by the General Electric Com
pany, has been successfully made on
the Delaware and Hudson Railway. It
promises to revolutionize railroading,
especially on the short lines, where
travel Is light.
In space of eight by nine feet this
car combines the power-house, trans
mission lines, substations and all the
benefits OF electric traction, without
the costly and cumbersome effects OF
the trolley. 1t is operated by one
man, and has speed of sixty miles an
hour. There Is baggage and smok-
ing compartment and accommodations
for fory-four passengers. Two cleo
trio motors OF sixty horsepower each
drive the car. and these are furnished
current By a 120-horse- power direct
current generator. which In turn is
driven by an eight-oyclinder gas en-
CINE. which consumes gasolene. Not
even the exhausted gases are wasted.
for these are driven through pipes to
heat tho car
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
COTTON ,1snnETs.

NEW YORK January l6.--The cotton
market was still more active and exciting
to-day reaching new high records for tho
movement, and closing very strong with AM
q. $4,000 bales against 100000 bales thu
previous day and $4,000 bales on TUESDAY.
Sfhe market opened firm al an advance II
'1uMl: points on overnight buying ordets
and covering. This was better than was
tue on the cables, although Liverpool III
tie more than responded to yesterdays
GAINS. and during the early session prices
reacted 6nnT points under heavy realizing.
aart OF which was credited TO the bull lead
Iei. Blu, offerings We're not aggressive and
tbs market soon rrmed up again on general
buy Ing. renewal OF bull support and de-
mnnd from SPOT houses. After selling up 10
ll.47 for March and ll.5S FOR May there was
SECOND reaction OF IA s points. followed
quickly by another bulge, carrying prices
TO tbs highest point OF the day. with March
touching 1leS and May ll.67. or SO d 80
points net higher, and 7l072 points above
tho low level of yesterday. The close vas
little of from the hest under realizin,
Aavces from the South were generally bull
ish as to the spot conditions, and the ad
vance here during the late session was en-
HtuTaeed ~ sales Tor export and consump-
ton from The local stock. officially reported
~ amount TO 5000 bales. Liverpool cables
reached a more encouraging outlook as to
nhYement in the local market seemed to DC
attracting substantial outside following.
Receipts al the ports to-day We're 81 40C
oaies against alaIo last week and 52GS-
last year. For the week 10000 bal4.
AGAINST .saosl last week and 843.7sl las,
~ bales AGAINST la,3l9 last lear. and a
4 Houston $3.50 bales against 81, i0l last year
N Cotton futures opened nrm and CLOSED
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Duncan the T.,n whrrl.

Having determined 10 retire at
once from the office OF Internal Iseye'
nue. Collector OF North Carolina, Mr..
Edward C. Duncan. named as third
receiver for the seaboard Air Line
viii begin at once to work in bar
mony with Messrs. Warfield and WI !.
liams. His appointment seems g
have given general satisfaction along
the system. and especially In the
state where he Is we'll known.
Before tho Southern Railway was
a.-anJ,ed with the Richmond and Dan.
vile as the parent property. the latter
had three receivers--samuel Spencer.
r. w. Heidekoper and Reuben Foster
Mr.. Spencer subsequently oelne erected
the third party" and the choice OF
the Federal court. 1t is not expected
that Mr.. Duncan will line up with
either the Ryan-Blair or the Williams
factions. 1t Will be the one aim OF the
receivers to work for the ultimate
good and greatness OF the company.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
RAILROAD NEWS
FROM ALL POINTS.
President Finley Expresses
Hopeful View of Business
OH Southern III Future.
REC EVER DUNCAN AT WORK
Will Pull Along EIar,n,oniously
With Warfield and Williams.
Gas Electric Car Tested.
REC EVER DUNCAN AT WORK
------------'----------------------------

President Finley. OF the Southern
Railway, gives hopeful View Of the
future, SO far as his company Is con.
cerned, the reports indicating Increased
freight and passenger traffic for the
remaining weeks of January. He de-
clares that the talk Of u receivership
was due to the result OF Scaboard Air
Line troubles. 1.-THE traffic. he says
fell off considerably during Decent
her, and the same state OF affairs pre-.
vailed during the first week In Jan.
uary. There is fair amount OF
business in sight. however. and J
should say that by comparison with
December earnings any change In the
bushes for January and February
should be for the no. 49,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Want LAW RcpcaIed.

The resolution adopted by the Board
of Aldermen Tuesday night, urging
members OF the Richmond city delega-
ten to work and vote for the repeal
of the Richmond. fredericksburg and
Potomac Railroad monopoly. seemed
to express the sentiment OF large
number OF business people, who earn
estly desire the opening OF new line
to Washington. with the hope OF see
ing 1t extended to tidewater The
general impression that the Goulds
want to connect with the Wabash sys-
TEN and then reach out to the sea is 50
strong hereabout that the fulfilment
OF the hope is no longer doubted. II
IL admitted. however. that the project
Will; be abandoned should the Legisla-
tnre refuse to permit the building OF
Ia parallel line.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17

. SdSl uuotatlouS were uS IoIlo"S.-
Quiet. No. 9 spring wheat. sl.10Q LIZ; No.
3 csc. dssl.11; No. 2 red, s7i:Gp esBc. No. 2
corn, 5000 No. yellow. So @ 62i.c. No.
rye sec Fair to choice mailing barley,
soc. q 81. FlaSseed-No. ! northwestern,
si.20: prime timothy seed, S4.40. Glover,
contract grades. sl7.0O. Short ribs, sides
tlcose), $500 G7.oo; mess pork. per barrel,
Si3G131o: lard. per 100 pounds. $3.50; short
clear sides tboXed), 6s1@7.12. Whisky,
basis of high wines. $1.S5. Receipts-Wheat.
3t,a0o bushels: corn. $4,000 bushels; oats,
$4,000 bushels. Butter--Market steady;
crsameries. ?0Q3oc.: diaries. Is q csc. Eggs
Firm; at mark, cases included, 90 I2ic.;
hrsts. c41ac.; prime nrsts. o5tAc.: extras,
-eIisc. Cheese-Steady at III: 41S,sc.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Announce New Amendments.

Announce New Amendments.
The following changes and appoint-
ments are announced bv the Merchants
and Miners Transporta ton Company:
W. P. Coria. agent. Baltimore. pro-
NOTED to superintendent OF agencies at
baltimore, Md. effective February list
Mr.. Coria vii! have general supervt-
sion over the port agencies OF the
company.
D. r. McNeill. agent. Newport News
Va, transferred to Baltimore. to sue
coed Mr.. Coria.
n. c. Avery appointed agent at
Newport News. Va. effective to-day
IN place OF Mr.. McNelll.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Not ueduce price Of Diamonds.

NEW YORK, January 16.-There ls
diamonds according to an announces
ment made by one Of the big local d!a-
mond importing houses. It is stated
that all importers have received word
from the diamond syndicate In London.
nlond output Of the world. that the
policy OF maintaining prices will be
strictly adhered to In. spite Of the
great falling OF In sales within the
past few months.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
BALTIMORE MD. January ls.-FLouR

BALTIMURE. ND, JlnUaTy Ib.-FLUUK
Dull and unchanged Whea t-Dull ana
easy: spot, contract, slo1hQ 1.o1A; spot. No
I. red. western. s1.o3 1l.O4: southern
CT ace. $3.50 q s1.O2. Corn-Dull new. spot,
csc; old. No. 2 white. 81 a s4Ac: new.
spot. mixed. $50 s31sc.; new. southern white
ccIn. coo 63i:c.; new. southern yellow corn.
6e1t q Gao. Oa,s-Dull; No. . mixed. $40
5+4c. Rye--Firm: No. 9 Western, export.
9e4s1c. Butter-F!rm and unchanged;
fancy imitation. 24g25c.: creamery. 3?c:
do ladle. egg csc; store packed, l6@lsc.
Eegs-Steady and unchanged at c2423c
Clcese-Firm ana unchanged large and
medium, l4&c.: small. Ak. Susar-Un-
changed; coarse granulated $50.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Tobncco Prices at IRON Notch.

Tobacco prices reached yesterday the
highest point OF the sea son. It is
true that the unfavorable! season is
holding the receipts down a great deal.
but despite this fact the market is
iE excellent condition and the small
amounts offered are being taken in
at the best Of prices One load Of
Goochland toba Geo sold by hessrs. FRA
zler and .Tompkins for Mr.. B. A. Web.
ster. averaged s10.65 around. while two
piles one at Shokoe and one at Cren-
shaw's Wareho use. brought $40 each
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
ulbcrn,nn. to Install omcers.

The Installation OF officers OF the An
cicnt Order of IIibernians anu the La
dies Auxiliary will take place at the
Masonic Temple tonight at o'clock
The occasion promises to be most
enjoyable one. The county president
Mr. Thomas A. Reddln, has arranged ar
excellent program consisting OF music
dancing and speeches.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
MISCELLANEOUS MARKETS.
DRY GOODS MARKET.

NEW YORK. January 1.-THE dry goods
market Is quiet. Jobbers say buying is
!nss have been advanced ikc,: a. sheetngs
will be reduced sharply next week. Staple
.p'oclens have been reduced TO g per cent on
standard fabrics. Many fabrics ore In but
are not operating with freedom.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Building Permits.

Building permits were issued by In.
.spector Beck yesterday as follows:
W. G. steitz. to erect frame Dwelling
Isaac Davenport estate. to repair
brick warehouse at Fourteenth and
Dock Streets value, $1,000.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17

ToN-Spots were firm at an advance OF &c.
Oh all grades: middlins. II 5-l6c.; sales were
200 bales on the spot and 1850 to arrive.
Futures opened steady, l2Ils points above
tn. close yesterday as a result OF the most
favora BILE advices from liverpool. These
reported the sat!sfa Glory adjustment of the
of the higher tone given the Liverpool mar
Ret by the report of the new Am erican bull
rooi said to be forming In New York. These
prices, and the market gained several more
points over the good opening. At tho close,
which was steady. the active months were
from 25I.G points above the close yes:er-
day. Closing BIDS January. I17o: Feb
ruary. ll.6S; March, I'LL; April. lI.70; May
l1.I1. June, lila; July, 1915,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17

COLUMBIA. S. c.. January 1e.-An-
nouncement was made to-day by the
that the banks OF this. city would be-
gin immediately to call in their certifi-
Gates. It was Originally intended to
keep this paper in circulation until
March 1st.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
United States Circuit Court Of Appeal,
CALL IN CERTIFICATES.
Clearing Houses of Atlanta aud Colum.
bin Decide on This Stcn.

ATLANTA, GA. January 16.-The At
lanta clearing house to-day called in
all clearing house certificates issued
by its members to meet the recent
financial stringency. Only small
amount of these certificates remain In
circulat ton.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
MARINE INTELLIGENCE.
PORT OF RICHMOND, JAN. 1s, 100

PORT or RICHMOND, JAN. 1s, 1905
ARRIVED.
Steamer Brandon. Harvey. Norfolk, mer-
Steamer Mobjnck, Graves, Norfolk anil
James River landings. merchandise and pas
seneers, Virginia Navigation Company.
SAILED
Steamer Brandon. Harnsy. Norfolk, mer-
chendise and passengers, Old Dominion Line,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Florid, ,I,dvIrt.,. Exno,ltion

rKsoNVILLE 3. FLA, January ie-The
FLORIDA Mldwinter International Exposlton
wv! be formally opened here on January %,
johns River is now complete, and the ,yarl-
ius exhibits have been arranged, The eS-
position Is TO remain open until tho latter
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
CnlcaGo ,;nAIN MARKEr.

CHICAGO. January l6.--Fresh reports II
damage TO the winter-sown wheat crop in
the Southwest caused strong market here
late In the day. The May delivery closed
Ial U net gala OF .S4.ic, Corn Mas up i.Y
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
RICHMOND STOCK MARKET.
Richmond. Va. January ls. 1905.


Atlantic coas, Line common--lo at 7a1s:
/: al "a.
virginia-carolina Chemical pfd. p. CT
10 az 90. at 30; ) at 30; 10 at 80.
STATE SECURITIES. Bid. Asked.
Va Va s s. ola G. and r. and l9s: s s:a
RAILROAD BONDS
a. c. l.. r. IT, Con. Tr. p. c., IS -.
Georgia Pacific lst S. c.. 1922 los 49,.
& Georgia. Southern and Florida. 100 -.
Nor and West. Ry. 4s 1896. 90 -.
Nor. and West. Ry. poca. As. SO 80.
Pet Glass A IS. +, c.. 1926. 100 90.
Western n C. LIST Is. c, 1914. los 80.
RAILROAD STOCKS. Par.
Atlantic coas, Line com. 100 7sis =
4Ches. and Ohio. Nov. 100 3iis 32i.
Norfolk and Western pfd..1e6 50 -.
Norfolk and Western com..lo0 IS -.
r.. r. and P. Div. Oblis. 100 ls5
r.. +. and P. p. CT. guar.10o 200 240
BANK AND TRUST CO. STOCKS.
american National. 100 l3l 1872
liTst National ...ss........ 100 30 -.
NAchants.s National ..... 100 $40 49,.
INA sfonal Bank OF Va. -. 100 lac -.
National State Bank 49,. 100 lT2 -.
: Union Bank OF Richmond 80 $50 1870
MISCELLANEOUS.
Amer. Locomotive pfd. .. So
Amer. Tob, p. ST. bonds. -. 65 Sc
airsr, Tob, p c, bonds, 80 100 -.
u &C. G. G. col. II. . c BIDS -. 90 49,.
e Nn.-Carol!na Chem, com. y. 100 II -.
Nt..car. c. Co. Col. Tt. ) p. Ct. s'ia -.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
New Commercial Asept.

Announcement was made yesterday
that James A Smith, Jr.. had been
appointed commercial agent OF the
Southern Railway at Charleston, S. C..
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
CATTLE MARKETS.

CHICAGO. ILL. January 16.--CATTLE-
Receipts estimated about 1000 head. Mar
ket quiet. Steers. s445as.35: cows, se.75a'
4.5o' heiters. $3.50 @5.e5; bulls, s2.s594.e5'
calves. ss@s.a5: stockers and feeders. se.tD
$4,000 head. Market 5@loc. higher. Chol,s
heavy shippers. $3.50 1850: butchers, $40
' Ga.so; light, mixed. s!:5@+.s5; choice:
sales. Slioqi.50. sheep-Recepts esti-
,anted about $4,000 head. Market steady.
sheep. siaa5o: lambs, s5.75 97.s5; year
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
OFFICIAL RANGE AND SALE OF STOCKS I'm NEW YORK
By Thomas Branch & Co. Bankers and Brokers'
SALES:
800 Allis. Chalmers ............
800 .Allis.Clalmers. pfd.".."

wv .Nllls'N-lIuiuIGIS plu.bsss
Sb,5U Atnalgamated Copper -.
American Can .........,...
300 American Can. pfd........
1,loo Amer. Car and Foundry
SO Amer. Car and Foun., pfd
800 American Cotton Oil.....
1850 American Locomotive !.
400 Amer. Locomotive. pfd...
lS3,6o6 American Smelling .....
4,3ol American Sugar .!.......
no American Tobacco. com. !.
300 American Tobacco. pfd.
1850 Anaconda Copper ........
l0,oO Atchison ....................
90 Atchison. pfd. .............
800 Atlantic Coast Linc......
o,1C0 Baltimore and Ohio. ......
1850 Brooklyn Rapid Transit.
700 Canadian Pacific .........,
1.l01 Chesapeake and Ohio....
600 Chicago Great Western. ;,
.l6a Chi. MI. and st. Paul..
200 CHI, NJ. and ST. Paul. pfd
1000 Chicago and Northwest.
400 C1ev,, Gin. Chi. and StL
200 Colorado Fuel and Iron.
1909 Colorado and Southern.
$50 Col. and South, 1st pfd..
Col. and South. I'd pfd...
zoo Consolidated Gas .........
400 Delaware and Hudson.
100 Distillers' Sec. Cor........
1909 Erie ..................
1900 Erie, list pfd.
100 Erie, I'd pfd.................
GOD General Electric .........
1880 Great Northern, pfd......
1900 Great Northern Ore ctfs.
80 Illinois Central ...........
$500 Int. Metropolitan .........
I,7@ Int. Metropolitan, pfd....
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
NAVAL STORES.

~, y1LMINGToN. n. G.. January 1e,-splR-
sin--Receipts, Sc barrels. Tar-Recepts,
"a barrels. Crude Turpent!ne-Firm AT
PENTlNE--Firn at 54c, sales, 1863 casks !:
receipts. SOL casks; Shipments 255 casks :.
RleessihnSFlrm; sales, 1850 barrels receIpts,
lle.s2S barrels. a. b, c, d, $3.50,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17

New Jergey teutrai zen. 5s. ....... Il.
Nc rthern paciic NEUTRALITY-SUSPICIOUS.. oaM
Northern Pacific IS. .................. ~
Norfolk and Western con. &s......... 80
Oregon Short Line retunding is...... So
pennsylvania COW. 3hs. ............. 81
i.eading General +s.................. 81
st. Louis and Iron Mountain con. S.. 100
81. Louis and San Francisco fs. 4s.... 74ts
81 Louis Southwestern con. 4s..... 6s1i
Seetonrd Air Line 4s............... 81
Southern Pacific As. ACKNOWLEDGEMENTS. IS
Southern Pacific LIST Is. certihcates.. ssN
Southern Railway 5s................. 50
Texas and Pacific lists. ..........,... losS
Toledo, st. Z. and Western 4s.......... 705i
Cn:on Pacific 4s. ACKNOWLEDGEMENTS. 1914
tfr!on Pacific cow 4s................ Sfk
UE:ited States Steel and ss............ s7si
wabash lsts.., OBSERVATION-DISCLOSURES. l08
Wabash new As. ................,. Is
Western Nd. Observation-Disclosures. s.
Wheeling and Lake Erie 4s........... 72i1
Wisconsin Central Is tbid)........... s2a.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
REACTION IN STOCKS
OF some VIOLENCE
Reports OF Decrease iii Railroad
Earnings and Idle Cars Have
a Depressing Effect.
BAD SEASON FOR COAL TRADE
Traders Not Pleased With Man
date to Hartman to Answer
Questions.
-

NEW YORK, January 1.-THE grow
ling instability OF the stock market at
the advanced level OF prices which
has been in evidence during all OF this
week eliminated to-day In q reaction
or some violence. The downward
course OF prices was unaccompanied by
any news pointing to a change from
tn, conditions which have prevailed
while prices were being advanced. Tie
carly movement Of prices was erratic
nj d feverish. ard streng thened the sis-
ricion OF flanipulative measures to sils-
tain prices. These were apparently
abandoned as the day advanced, and
.,be whole list gave way. Evidences OF
trade reaction We're allowed their fun
force In current estimates Of the out
look. Compilation of the returns of
seventy-fou railroads for November,
reporting previous TO to-day, show q
net decline in tha net return OF 9 40
Per cent IRON that of November in the
preceding year. Gross earnings of
thirty-one railroads FOR the first week
III January show decrease of 1881
per cent, compared with the CORE
sronding week Of last year.
Reports have been coming into Wall
Street during the week OF the bad Of
feet OF the mild weather on the coal
:
effect of the sustained earnings here
tofore shown by the coal.carrying
roads.
The American Railway. Association
estimate Of 27.00C freight cars stand
ing idle on the railroad lines OF the
country was a contributing influence
to the depression.
a judicial mandate to prominent
i flnanciers to answer questions in the
Interstate Commerce Commissions In
vrstigation of the Hartman railroads
and reports of renewed vigor in the
STANDARD OIL Investigation we're used
by the hearish element with effect.
The activity led TO overeXtension on
the short side and widespread cover
ing movement rallied the late market
value, s4,230.000. United States IS
declined is and the IS Ia per cent.
on call. Total sales of stocks to-day,
1,oe0,lo0 shares.
NEW YORK, January ls.--Moncy on
call steady; l-2a4 per cent; ruling
rate. per cent; closing bid. .: offered
Ct 2 ii per cent. Time loans soft:
SIXTY das's and ninety days 8 IL per
cent. six months ID pc: cent. Prime
mercantile paper 697 per cent ster-
ling exchange strong, with actualj bust
fcss in bankers bills at S4.s5S5G1 81 S5ao
for demand, and at si.Sl9O1s4.s1s5 for
siNty-day bills. Commercial bills.
s4.S1'5. Bar silver. sc. Mexican dol
lars. A ii.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-01-17
Bunk Of nrland Reduce. Discount.

!, LONDON, January ls;- IT. I, rate {. OF
reduced from 6 to 8 per cent. to-day.