davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
NEW YORK STOCK
AND BOND MARKET
Py Associated Press.


NEW YORK, May 16.-Operations TO advance
prices of stocks or TO protect the prices asainst
operations calculated to depress them were
aRgressfvely resumed today, and as the resul.
the average price level touched the msnes,
level thus far reached In the movement Inc
movement was broad and animated anu VIZ
general strength Of tone was not materially AZ
fected by the large realizing of prohts Whlcn
was accomplished by shifting the buying from
one TO another quarter Of the list Tor sustaInns
effect The strongest and most ActlVe stooh
was Union Pacific, and the demonsuatlVe iioe
IN this stock was the immediate OUTCOME Vi
published utterances by the head OF the syssen
containing very positive news on tne Pro'po'0N
outlook for the business. .s
The chairman OF the Great Northern ooaI"
was credited also with cheerful exprehslohe "
garding more especially the crop prospects,
These publications were the fomentns cause
of the renewed outburst OF speeuiausva W. -
In nrices in many quarters Of the list, Ihere
was no news OF specific development pear "b ~,
the market. Additional engagements OIL solu
for shipment to Berlin next week We're az
cepted with euuanimity In view or the u hhl-
footed ease maintained In our own money
market Add,tions to the new financing al
rected are announced from day TO day evidence
ing the working out OF the problems iett efS.
from the sudden prostratton or oreolt Nhior
overcame the country last fall. Inc pailh
statement showed the growing erect OF hiiaho-
ing of various sorts and expansion IN the Ioat
i,en, which while moderate In the average
showing carried the total OF that item 70
figure greater than has ever oefore neeh
reached in the history of the clearing house
'rbe proportion of the cash reserve STANDS, now
ever at about 30 per cent and the pereehtaee
of legal reserve held by all tho institutions re-
nor.tng ie now 32So per cont Bonds we're
iirm and active Total sales, par Value' so'EiV'-
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
SAN FRANCISCO QUOTATIONS

Exclusive service to the Los Angeles Herald
by l.. A. Crisler & Co members Los Angeles
Nevada Mining Stock exchange 500 san Fer
nando building, Los Angeles).
SAN FRANCISCO May 16.-Another dull
Sc ssion experienced on the Bush street ex-
change this morning. The nearest approach to
a feature in the Goldfield list was the sale
of $500 shares of Red Top Extension at 12c and
lSc. Daisy and Goldheld Con. each showed a
gain of points at the close OF the session.
There was no change in Florence, Great Bend
Insiders are quietly picking up the better
Bulfrog stocks at these low prices especially
Mayflower Cons and Homestake King.
There was very little doing in the Tonopahs
or Manhattans.
II is reported in Tonopah that six-foot vein
was recently uncovered in the West End Cons
mine that will average high. This vein It Is
said is outside the zone of litigation and was
found while work was being done in an effort
to prove the apex of the vein-the question OF
ownership of which is In the balance
Private kilograms from Philadelphia state
that the Tonopah Mining company will resume
the payment of dividends In July, paying at
that time and every quarter thereafter 20 per
cent or $3.50, 000 on capital of ST. 100000. such
payrents are the wish of the controlling stock
holders, principal of whom is r. II. Rushton,
president Of the Fourth Street National bank OF
Philadelphia.
accumulation of cash reserve, but TO COM
mence paying soon as there shall be $780,
600 on hand The company now has in the
bank $1I7, 900. and will have more than the
$3.50 900 for the twelfth dividend. Definite ac-
ton on the payment of the July and subse-
auent dividends will be taken at the May
meeting of the directors near the close OF this
month, when the same will be announced.
The taking OF testimony in the legal contro-
yersy between the Goldield Consolidated Mines
company and the Mohawk Combination Leas-
Ing company has begun.
Following are the closing quotations OF the
san francisco Stock and Exchange board, to-
gother with the regular call sales
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
SAN PEDRO SHIPPING
BY Associated Press.

BY Associated Press
SAN PEDRO, May 1s.--The Union OIL com
pany's steamer Whittier, Capt. Seaman, sailed
today for San Francisco with 10000 barrels OF
crude oil WI,
The steamer James S. Higgins, Capt. His-
gins, from Mendocino via Redondo, arrived TO-
day and berthed at the Southern Pacihc Ran
read wharf to discharge the balance OF her
lumber cargo for Los Angeles wholesalers
The steamer Queen, Capt. Thomas from San
Francisco via Redondo, came in last night
bringing a cargo Of 81 tons of freight for Los
angeles firms. She sails again this morning
for San Diego.
The steam schooner Redondo, Capt Hende-
gntde, departed today for Coos Bay via san
Francisco to reaload for return.
The steam schooner Fair oaks, Capt Peter
sem and the steam schooner Tahoe, Capt.
Petersen, left for Grays Harbor via San Fran
cisco.
The steamer Mendlay. Capt. Lexfstrom, from
Crescent City via Redondo, Is due tonight with
a lumber cargo.
The steamer Hanalei. Capt. Mcfarland, from
San Francisco. berthed ut the Crescent Wharf
and Warehouse company's dock this afternoon
with a cargo of 500 tons of freight consigned
to Los Angeles firms The vessel loaded freight
for return and departed with list OF passen-
gers tonight for San Francisco.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Pacific Coast Trade

L SAN FRANCISCO. May 16.-Pink beans $50
$40; lima, 81. 6594SO; white, S3.sOG4; Oregon
as: new potatoes 1Q1%o: green peas, HG2;
string beans, 7a9c; egg plant. l21agl5c; green
peppers 15435c; tomatoes. s15oq2; summer
Isl: garlic sa10c; cucumbers. 50c6sL50.
Flour family extras. s5.4O96; bakers. s.. 700
g. e5; Oregon and Washington, s49og6 40; ship
feed barley, 81 45qi. So white oats. s152lA@
.S2h: gray, s155a1s5; nliddIings, sS3aSe;
mixed fede, se7d2s; rolled barley, sSOgs2; cat
meal, 4.10 oet groats $3.50; rolled oats. SS4g
s5: wheat hay, sis620; wheat and cat, s16d19;
wild oat, s12a155O; tame oat, s13a17 80; alfal-
ia, S91i4: straw, S5QsOc.
Recelpts-Flour. $3.50; wheat, %; barley $3.50.
middiings, 100; hay 653; hides. 40: wine, 1900.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
CARLOAD SHIPMENTS
OF CITRUS FRUITS

q Shipments of oranges and lemons {
I. from Los Angeles Thursday. May IL, (
8 reported by the California Fruit Grow
3 ers' exchange, were 1903 carloads of or {
3 anges and 10 carloads of lemons.
3 Total to date there were shipped {
Z. 81 ,416 carloads, of which es21 were Z
o lemons.
Z, Last season TO date there were ship (
3 ped 1910 carloads, Of which 1891 were
8 lemons
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
SUGAR and Coffee


NEW YORK, May 16.-Coffee futures clos
ed easy at a net decline of SOLO points
Sales $3.50 bags, including May. S6.15; July,
s6.15; September. $6.10@61t; December
se1O@e15 Spot, quiet; No. Rio, csc;
No. I santos. sac. Mild coffee. dull; Cor
dova, 9%412Ac 4
Sugar raw steady: fair refining. 3.S6c: cen
trifuRal 96 test 1860; molasses sugar, 3.6lc.
Refined, steady; No. 8, 5.10c; No. Z. 5.o5c:
No 8. 5000: No. Q, 4.95c; No. 10, 1850; No.
ii, 4S0c; No. 10. 4.75c; No, IS, 400; No. IA,
A. 75c; confectioners A. 5.S0c; mould A, 5.s5c'
cut loaf. ssOc; crushed, e.2Oc; powdered
$500; graduated, $500; cubes. 5.T5c.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Dried Fruit Prices

BY Associated Press,
NEW YORK. May le.-The market for
evaporated apples continues quiet with
fancy quoted at 10911hc; choice. ShQshc;
prime. az @7Ac; common to fair. 6A a
8lsc.
Advices from the coast indicate a very
short prune crop. but spot quotations are
unchanged.
-Apricots are unchanged.
Peaches continue unsettled with choice
quoted at &c; extra choice akc; fancy.a 20
q1o1kc; extra fancy. 11@t1hc.
Raisins are dull with loose muscatels
quoted AZ e@6Ac; seeded raisins, 69sc;
London layers, st2b@l,s5.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Butter. Eggs and Cheese

BY ASSOCldltu FItaH.
SAN FRANCISCO, May 16.-Fancy creamery
butter 23ikc: seconds, 22ISc fancy dairy, PC.
New cheese r1lk@12c: Young America, 13q13hc.
Ranch eggs, 21l2c; store, zoe.
CHICAGO, May 16.-On the produce exchange
To-Day the butter market easy; creameries,
16Q2ic: diaries. 15a19c. Eggs. steady at mark,
CO SEES Included. 1ihQ14&c: firsts 15isc; prime
frsts. 16Ac. Cheese, steady 10ia412Rc.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Financial Record

By Associated Press.
NEW YORK. May 16.-Money on call easy:
time loans dull and steady; so days, 2is9
s& per cent; 80 days. per cent; months,
3% ash per cent
Prime mercantile paper, 3hd4 per cent.
Sterling exchange fairly steady. with actual
business in bankers bills at s4S7. 05d4s7. 10 for
demand and at s4S5. 05a4s5.l5 for 60 day bills.
Commercial bills. 34s4.iba4s5.
Bar silver, 52ssc: Mexican dollars, <7c.
Bonds-Governments steady; railroads. firm.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
PRICES OF METALS
IN NEW YORK MARKET

. NEW YORK, May 16.-Copper, lake q
& s12 s21< 612e5 electrOlytic $4,000 z
: is.sels, castinx sia.a6@is.s11k. z
5 Lead. S4.22@4.27& 9
5 TIN. ss0.121z q 30.se1s. z
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
FRUIT MARKET

BY Associated Press.
SAN FRANCISCO, May 16.-Fancy apples,
si.75; common, 60c; blackberries. s2.50@2.7 rs;
navel oranges, s2@2.75; Mexican lines $5q5. 80;
common California lemons. 75c@s125; good TO
choice, $1,75D2; fancy. $2.259250; bananas. $40
$50; pineapples, s1.b0@6.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Treasury Balances

BY Associated Press
WASHINGTON, May 16.--Today's statement
OF the treasury shows Available cash balance,
s243. 12S 1872: gold coin and bullion SIS, las, 1873;
gold certificates. $24 593,700
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
San Francisco Mining Stocks
Cotton and Wool

BY Associated Press
ST. LOUIS, May 16.-Wool. dull; medium
y,ades bombing and clothing, 151s@I6c: light
fine, 1s@l4c; heavy fine. sG1oc; tub washed.
1Sa24c.
NEW YORK May 16.-spot cotton closed
quiet; middling uplands. lie; do gulf, 11.25c;
no sales.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17

NEW YORK. May 1s.--with the excep-
ton of May. which was higher on manpuia-
ton, wheat generally about 40 lower
today ON bearish crop news weak cables
and liquidation. May, s1.05 u @1.07H; clos
ed. s1.0sh; July. s7% q 9S 1-isc; closed. csc;
September, 9SN @ - Lice closed, 93Ac.
Hops. steady; Pacific coast 1907. $3.50;
1906, 3@5c.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Gold Export More Than .$25, ooo, 900

NEW YORK, May 16.-The National City
bank engaged $1,000. 900 gold and the Russo
Chinese bank $780, 900 for export 10 Europe to-
day, making the total engagements for ex-
port on the present movement s25, 100. 900.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
OIL Stocks
DAILY MINING CALL

Official ssles-2l, 900 Johnnie Con. at exc; 5000
do at 2kc 1900 Cal. Hills at 81 .50M; 100 Fur
mace Creek Copper at l6c; 100 do at lie; 100 do
a
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
CHICAGO GRAIN
BY Associated Press.

BY Associated Press.
CHICAGO May 1.-the wheat market
opened easy today because OF lower prices
abroad and favorable weather for the growing
crop III this country. Local receipts were fairly
heavy and statements from Kansas and other
points in the southwest were to the effect that
heavier shipments might be looked for next
week. There were some reports of damage by
insects but these were outweighed by the re-
ports Of large receipts. The close was weak,
July opened A@Ac lower at Ss@S9Ac. sold be-
tween SS7sdS9Hc and closed at SSSGs9c.
Corn was weak early In the day. July
closed at CSC
Trade in oats was light and unmportant.
July closed at 47c
The provision market was dull and closed a
shade firmer than yesterday. July pork closed
aye higher. lard unchanged. ribs 2iac higher.
Market Ranges
wheat-May. 81; July. ss7s@sac: Sept s5Iass.
Corn-May, 74&c; July. 66c; Sept 63$tc.
Oats--May, old. $40; new. 53lzc; July, old,
tJc; new, 46IsgA5kc; Sept. sIlsc
Cash quotations We're as follows;
Flour, steady: spring patents, s5.soq0.10;
straights $t1014s5; winter patents, A40u4.9O
srraights. $4.l0d4.70; bakers, s410@42 %; No. 8
spring wheat. 92cGsl0S; No. red, 99c@Si; No
corn. 74%c; No. yellow. 74%q75c; No. 2
oats, SIC; No. Q white. 5lG5iikc; fair to choice
mailing barley, 87G74c; No. northwestern
hsxseed, 81. 24ls; short ribs. sides loose. Sc. 75q
7.l21a; mess pork, per bb. $l3.25Ql3.S7h; lard
per loo lbs, sS.32f; short clear sides. boxed
sg,37IsG97 sea- whisky. basis of high wines. siSS
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Morning Sales

Johnnie-22,ooo at 2%c; $1,000 at 2lac; $1,000
at 2kc.
Midtown FPacticn-1000 at 1c
Adams-50O at &c.
Jumbo Extension-200 at SOC
Blue Bull-io0o at 9%c; 1900 at 1oc
Triangle-1oG0 at &C.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Los ANGELES STOCK EXCHANGE
Bonds

Official sales--lO Home Savings Bank at
slos.75; 10 do at $40; e5 do at $40 5O 1000 Globe
Oil at 12c.
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
MINING QUOTATIONS

Yesterdays quotations of the Los Angeles
Nevada Mining Stock exchange were;
California
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
New York Bonds

BY Associated Press
NEW YORK May 16,--Folowing were
the closing quotations today: c,..,,.
High Low CLOSING
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
Boston Stocks and Bonds
BY Associated Press.

BOSTON. May 1s.-The following were the
official closing quotations today:
Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-05-17
New York Stocks

BY Associated Press
NEW YORK. May 1.-THE following were
official closing quotations today;
New-York tribune., 1908-12-08

TO CURE COLD IN ONE DAY
Take LAXATIVE BROMO Quinine Tablets Druggists
refund money II cure. Z. W, GROVE sigma
ture each box 2Sc.
New-York tribune., 1908-12-08
New York
Ph iIa d e lp In | a
In TWO HOURS
Every Hour on the Hour
New Jersey Central
Reading

Overuoan ex-senator F. NJ. Simmons, DE- Johh
A. Wyeth president Of the Southern society
Major Edward Owen. commander OF the Con-
federate Veterans; Thomas J. Mcclure presl-
dent of the Georgia Society; John G. Carlisle
Secretary of the Treasury and president OF
the Kentuckians; the Rev. ]. N Steele presl-
dent of the Maryland Society; John >.
Crosby. president of the Missouri Society;
Henry W. Taft president of the Ohio So
cietv. ex-Justice Augustus Van Wyck. presi-
dent of the South Carolina Society; Bruce L.
Rice president of the Tennessee Society; DR..
George Tucker Harrison. Governor of the Nlr-
gtnians; Dr. Nicholas Murray Butler. Justice
Henry Bischoff, John c. Breckenridge, Dr. H.
B. Baruch Ray S. Baker, Patrick Calhoun, the
Rev Thomas Dixon, jr., Joseph F. DAILY, A j.
DIttenhoefer, Elmer Dover, Frank N Double
day George Ehret, John Fox. Simon Fleisch-
mann, Colonel Edward S. Fowler. Richard Wat
son Glider Frank J. Gould, Justice Samuel
Greenbaum, Justice John W. Goff, John Hays
Hammond, George G. Holt, Charles NJ. Hough,
Frank H. Hitchcock Adrian Iselin, jr, Dis
trict Attorney Jerome, Chester S. Lord, William
c. Muschenheim. Controller Metz, William G..
McAdoo Delaney NicoH. Adolph S Ochs, James
W. Osborne. Justice James A. O'GOrman, Roger
A Pryor jr c. c. Phillips, Justice NJ. Marley
PIatzek Harry c. Pulliam, Herman Ridder and
Lindsay Russell
New-York tribune., 1908-12-08
Mr.. TAFT HAS BUSY, QUIET DAY.
Most of It Spent Preparing for His Speech of
the Evening

President-eIect Taft spent a busy but uneventfuI
afternoon IN town yesterday. His only callers Of
note were William Nelson Cromwell and Walter
H Page, president of the North Carolina Society
under whose auspices Mr.. Taft spoke last night
Nearly the entire afternoon devoted the
preparation Of his speech.
Mr.. Taft reached Jersey City over the Chesa-
pake & Ohio at 1890 o'clock coming direct from
Hot Springs, Va, which he left the night before
S:45 o'clock Mrs. Taft went to Washington. Mr..
Tafts party included his secretary, stenographer
and three Secret Service He travelled as a
regular Pullman passenger.
His brother, Henry w. Taft, was waiting for
him at the station. and the two men got aboard
floor OF the station. where Mr.. Tafts automobile
was in waiting. With two OF the Secret Service
men the President-eect followed his brother into
the machine. and they aboard the 23d
street ferryboat and their way to Manhattan
Few recognized him, and there no opportunity
for handshaking.
At the home Of Henry ". Taft. at No. So West
18th street. the Presldent-eIect excused himself to
callers and went to work his speech
To a Tribune reporter who made various in
quries Mr.. Taft said: There is nothing to be said
at this time current politics. I am feeling first
rate. I have had eighteen holes OF golf nearly
every day for the last week two. and enjoyed
it ALL I expect TO go TO Washington In the morn
ing 1 have appointments there tomorrow with
the Red Cross and the Association for the Con-
I shall attend dinner Of the GrtdIron Club. and
on Saturday night I shall come to New York for
three four days"
On his return to town next week Mr. Taft Will
speak before the Civic Federation and the Ohio
Society.
New-York tribune., 1908-12-08
ALUMNI FOR COLUMBIA BOARD.
Trustees End Half Century Agitation for Rep
resentation-Gifts of $4,000 Reported.

After an agitation started IN 1854 the alumni OF
Columbia University succeeded in obtaining direct
representation the board of trustees yesterday.
when special committee reported favorabIy. The
representatives will be elected by the trustees on
the nomination of the alumni.
The Columbia board Of trustees consists at pres
ent of twentyfour members. elected for life. with
no provision however, as to whether they shall be
members of the alumni association or not Under
the plan six OF the trustees to be elected
after January l. 1903, to be direct representa-
tves of the alumni No person officially connected
with the university or who has not held degree
from Columbia for at least ten years will be
eligible. The trustees must file with the
clerk OF the board OF rrevocable letter
of resignation. to take effect at the expiration of
six years"
The resignation yesterday of F Augustus Scher-
merhorn. of the class of 1853 Will make it possible
TO elect alumni trustee his successor. Mr.
Schermerhorn the oldest member the board.
having been elected in 1877. He stated that he be-
place the board, he had reached the age
fixed by for the retirement from active service
OF officers in the regular army.
Columbia will undertake an active investigation
Of and its possible prevention and cure.
A committee appointed by the trustees will do re-
search work
Applications for retirement from active service
were received from John c. Curtis professor of
physiology in the Medical School, who has been a
member Of the faculty since 1876, and from It.
Mitchell Prudden, professor OF pathology, whose
service began in 1882. Both will retire on June 30
and receive retiring allowances from the Carnegie
Foundation. The trustees accepted the resignation
of Richard c. Maclaurin, professor OF mathematical
physics, take effect May 81, when he will
enter on his duties president OF the Massachu-
sets Institute Of Technology.
Among the gifts-which amounted to 81, ,500-re-
ported contributions OF $500 each TO the
special maintenance fund from F Augustus Sche--
merhorn. Of the class OF IS; NJ. Hartley Dodge,
of the class of '0S; William X Vanderbilt Alex
ander Smith Cochran and Clarence II Mackay.
New-York tribune., 1908-12-08

The leading speakers at the afternoon session
were John A Fox OF Arkansas, and John F. Wal
lace Of New York
Mr.. Fox's topic was Ports OF the South and
Foreign Trade and Mr. Wallace spoke on SOUTH
ern Railroads and Their Needs"
Other speakers were J. F. Kane, OF Savacnahs
Charles P. Goodyear. Representative Richmond P
Hobson- OF Alabama. and Duncan L. Fletcher. of
Florida All dweit the wonderful p0ss o-l-res
the South and the need OF bringing it 10 AT II
dustrial level with other parts OF the country
clifford Ptnchot. chief forester. spoke on "Tha
Commercial Significance OF the Appalachian For
ests" The Southern Appalachiaus.' he said ara
OF profound commercial importance for timber sup
ply, water power and navigation. and there ts
close interde dependence between the three Ths
water powers cannot ee fully utilized. can hs
streams be employed for navigation unless t1s fo-
ests are kept the mountains and unless tAoss
lands which are kept in tlags axe handled so tHAs
the soil is not washed away To make the most OF
the region IS therefore a problem o. engineering,
OF agriculture and OF forestry. and II concerns a.
classes OF peOple-the manufacturers, the t2rller~
the railroads In fact. It concerns every one Il
those regions who prO7t by cheap power anu
the safety OF agricultural land and crops
Two principal arguments he added. have seea
urged against the bill to acquire national 1oresS
in the Southern Appalachian and White Mountain
regions-one that the bill IS unconsc-tut-o-a- Iha
other that 1t VIII cost too much The House con-
rnittee the Judiciary has pointed out way %
make the bill constitutional. and few VIII doao'
that its advice Is good The objection based Oh
IS amply met by the fact that the properly
will be worth what II the time OF purchase
and It's rise in value Will make II pay abCI1aaIf
II pay is desired II Will grow timber enough "
pay for itself. IL there were no water question
at issue. However you look at il. the Appa4@iA-1-
and White Mountain bill is good business prop
New-York tribune., 1908-12-08
NETWORK DAILY TRIBUNE

a,, 4ba+ u NAV he given to me to strengthen
this movement, to obliterate all secuohal 81 70
80 Leave nothing of difference between tho
North and the South save 1r1enoiY eihui9N
for the benefit OF our common county
w w. FINLEY ON RAILROADS
w W Finley. president of the Southern Rall-
vrav Company, began his speech by saying 'iAa@
ha had been asked to assume the part or
nhxeictan and to prescribe such a course or
living for the entire South for the next twenty
a. veara as would insure the continuance or
".ha most exl1berant industrial health he OUT
,,rad briefly the wonderful natural resources OF
+ba South. many of which had as yet hardly
been touched. He spoke Of the fertility OF that
rac+ton's soil Of its valuable timber lands ana
its mineral deposits
Then the speaker turned his attention to the
ouestion OF the South developing its ful poten-
tial strength to the best advantage lie SAID:
1ur industrial and commercial healthfulness de-
inodities that in demand in the markets OF the
world but upon the existence OF transport "a
cts OF each locality other localities where they
are wanted. -. ,,., ,t
ments we look forward tonight. Mr Toastmaste er.
with ful confidence in the future of the Old North
State and Of the entire South. We know the ex-
people and we are justified in predicting a ma
terial development in the next twenty-five years
ter of century Our fields, our forests. our mines.
and our factories will supply an ever increasing
volume of the life blood OF commerce and will
system. To keep pace with these demands the
capacity Of that system must be enlarged Each
increase in Southern PF0duc0n aeS in Oe
transportation capacity.