davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

tinues to Increase, but consumption re-
1ulfemonts appear to have shrunk.
Fall River sold 7,S5Oooo pieces of print
cloths. of which about $4,000 pieces
we're for future delivery, principally in
June. July and August. These sales
were made at a sacrifice Of values
The jobbing trade is generally quiet
locally. Retailers are making p,r-
clascs In small lots for quick ship
ments and 1t Is the common belief
that stocks In the distributors and re-
tailers' hands are small. A substan-
tial sale of denims has been made for
shipment to Australia and some small
export trade has been passing with
Porto Rico and Manila Far Eastern
trade continues inactive, but prices are
easier and favor the exporters Yarns
are firm In some quarters of the mar
ket, but are generally in light request
the firn,ness being traced to the un-
Willingness of mills to accept current
prices for contracts Knit goods and
hosiery are quiet In primary circles
The jobbers' advance business for fall
Is better to date than 1t was at the
corresponding period OF a year ago.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

To the Editor of The Ttmes-Dispatch:
Sir.-''General George w. Gordon. OF
Memphis, commander of the Depart.
ment OF Tennessee, was chosen com
mander- in-chief. succeeding General
Clement A. Evans, of Atlanta. who
declined reelection
General Evars was elected past
commemorative chief. and General w
l.. Cabell, commander of the Trans
Mississippi Division, was also elected
past in-chief.
THE new commander. General Cor
don. has the distinction OF bang one
of the four living Confelerates who
were actually major generals before
the war ended. He also has record
of being captured by the Federal forces
three times
copy this from your paper I am
greatly pleased at the election of Cen
eral Gordon. but neither he nor
would like any statement OF his rank
not sustained by the records. He was
lieutenant-colonel of the Eleventh
Tennessee Infantry. He was appointed
general August Is, 1864, and
February 20 1855. He was
captured in action at Franklin. Tenn,
30. 1864, and released from
prison at Fort Warren, Mass. July 81.
1865. His election as presiding officer
of the Confederate Veterans was a
very fortunate one.
MARCUS J. WRIGHT.
Washington, April rs, 1910.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
CONFIDENT FEELING
PERVADES MARKET

New New York, May s;-The jerky anc
last week accurately Illustrated III.
sudden alterations of speculative SEN
tlment. Fears of trade recession anC
of Tightening money market wher
lower average level than was touched
in the course of tho February decline.
The violent declily in foreign eX-
change rates and the explanation of
II in the placing OF large blocks of
securities with foreign purchasers
pulled prices up abruptly and sent the
bears sourrying 10 cover.
The sudden news of the grave ILL
ness and death of the King of England
formed an unsettled influence again
IN the latter part of the week. The
strong tone manifested by the market
on Saturday left feeling of confidence
That the worst of the shocks had been
The important .seaeiit of the enlist
ment of foreign capital on a large
scale. in the taking up of the new Sc.
curities pushing for acceptance needs
no demonstration. Sales of securities
TO foreign creditor markets is a normal
device for adjustment of exchanges,
where mercantile balances are tenn
porarily dislocated, as by the present
excess of merchandise Inn
ports over exports of our foreign trade.
But our security prices have been
at level that attracted
sales by foreign holders to the home
The exigencies of the Lon
don money market growing out of the
deferred tax collections added to the
pressure on the New York money mar
ket. and induced artificial attractions
for drawing gold from New York to
London. The complexion of the bank
statement of the preceding week was
a proof of how serious the drain was
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

T, becoming AT the same time, the gold
relinquished by New York TO London
to help finance the important govern
ment finance operations there was a
prime factor in the market relief OF
the London money market, with prompt
sympathetic effect on other money
markets. This relief in turn stimu-
lated the foreign demand for new
American issues which proved the dis
ttnctive feature of the weeks financial
markets.. The effect on this new de-
mand of the unsettlement caused by
with some anxiety.
Details of the weeks operations in
This Held We're vague, and the terms
OF the transactions were unknown.
That, attractive terms had to be Of
Tered was assumed. without detractinE
from the favorable effect of the matter
The lethargy of the New York bond
market and the known needs of enter
prises for capital pointed to the abil-
lty to make profitable use of the re-
sources thus secured.
me lack of these capital resource s.
Is given large responsibility for the
check to productive demand which has
led to the current movement toward 3
curtailment of iron output. The scale
of this curtailment and the continued
yielding in the price of iron made IN
the most potent influence in the I'M
settlement of confidence over the trad a
prospect. which was carrying prices of
securities to new low levels for the
year.
Anxiety regarding the crops is ex-
pected TO play a part In shaping snec-
uiatiVe sentiment from now on, The
extended speculative position in tho
commodities markets, especially In COT :
ton. and the expanded credit position
of the banks of the country are com
plicating factors.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
WEAKNESS IN WHEAT .
PRECEDES ADVANCE
Early Part Of Week Sees Feverishness in Mar
ket-Heavy Rains an Inhuence-Com Quiet,
With Narrow Fluctuations.

~ narrow and embarrassing affair.
Most of the time. therefore. the trad
ing was mainly of a small scalping
character, and without significance
although toward the close of the week
there was rather stronger tendency
partly in sympathy with wheat and
partly because OF the surprisingly
light reduction in available supplies. A
material Improvement. however, was
checked by the belief that, barring &C
cdents, the next crop will be a re.
markably large one, as farmers are
planting corn in abandoned wheat
fields.
Trade in cash corn has been slow: in
fact almost suspended, largely be-
cause Of the great scarcity of prime
grades, and consequently values are
mainly nominal.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
TRADING IN FUTURES
is IN SMALL VOLUME
Prices of Cotton Confined Within Narrowes
Range of Year. More of Undertone of
Strength Shown at End of Week.

Trading in cotton futures the past
week has been ii the smallest volume
for months, while fluctuations in prices
have been confined within the narrow
est range of the year Ten to fifteen
points have been the maximum
changes, with less than 100000 bales
the average daily total transactions.
TIE week closed with very little
change from the last saturdays prices.
III anything, the market has shown a.
nore decided undertone OF strength.
This las beei due chiefly to the con-
tiuued strength of the Southern spot
markets, sud an absence of any linz
port.nt pressure of offerings from &C
tual holders, either In the South or
here, or at liverpool. Bullish statis-
tics on tho old crop supplies, in con-
nection with the bull pool here in con-
troll of local stocks, and also the May,
June ana .llly options. have had a sus-
tanning influence on prices for the old
cron deliveries, which run UP to the
end of august while the unseasonahly
cool weather of the past fortnight and
complaints of insufficient moisture
following the crop damage from the
freeze OF Z fortnight ago, extending to
the central portion of the belt, have
had stimulating effeca upon the new
crop deliveries which are being trad
ed in now for as late as next Janu-
airy
Situation and Outlook.
The situation and outlook is regard |
ed under these circumstances as more |
In favor OF continued steadiness in |
prices for both crop options than sug- |
Eestins the probability of any wild
trading or violent breaks from the
present level Although this is con-
trary to the Idea which has been pre-
vailing i'll Wall Street circles. and I
among outsiders for the last month.
1T is nevertheless the version of CON
di:ons as viewed from the standpoint /
of those best posted among the pro-
fcssional element and experts on sta
tistics and Students Of crop conditions |
The curtailment of production of goods |
has been adjusted as closely as posi-
BILE by the mills in this country and
Europe to the supply and price Of the
STAPLE compared with those of manu-
featured goods, But even on this ha-
sis the curtailment has not been suffi-
Client to offset the shortage of $500
600 bales In the past seasons crop
from the yield of American cotton of
the previous year. This makes It nee
essary for big crop the coming sea-
son to equalize this deficiency and pro
duce enough surplus to restore the
normal conditions both as regards
prospective supplies and prices. There
is no doubt planters in the South in
tend putting in big crop. As prelm-
mary reports on the acreage so far
rendered indicate an increase of any
where from 3 to ) per cent. over last
year
This would bring the acreage IN to
over s3,ooo.ooo acres for the total area.
with that OF Texas likely to approxi-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

customers to enter the market on an
investment basis and to take the long
slue oil the new crop months This adj
VICE, which was sent out generally
through the cotton belt, ought to lead
me more activity In the new cron
months, although not necessarily To AN
Immediate advance for investment.
buyers are not for Immediate pronts
and, as rule, rather prefer a sta
tionary and even declining markc,
while they place their purchases Tho
chief reason why this buying may not
have much effect Is the unoertainty
over the English situation and the re-
ports Of more or less rain In the cot :
ton country over Sunday
quite naturally, If rains continue
TINS week. lower market will bs
seen Rains now, however, will change
ue opinion of the scalping element.
nut not that of, the Investing clemens
for the latter is now welded to tbo
opinion that the hest of weather from
now on cannot result in the raising
OF enough cotton to supply the needs
OF the world because the crop is get
uhE TOO late start which lays ii
kiaple 10 more than ordinary damage
from the boil weevll and early frost
in the fall
me bear side of the market that
part of II which will eventually go
short Of large lines in the expectation
OF permanent decline, is not vet In
me market but is waiting higher
leyel OF values on which 10 place its
seals. ANY advance of consequence
ms week VIII attack this element, and
mus the market viii have that, nice
balance II usually has as the result
OF conflicting opinion among; Traders
aln winch Is not dlsturbed cxoept nv
sons sudden disaster OR happening or
srea. tiilpof'anfe, Thus balanced. the
lnarket VIII eventually 20 the way the
weather puts 1t; this week Il viii he
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

/ The start, however, is far from being
as favorable as the trade had hoped c
month ago would be the case. TRAY,
cling agents of large interests who
/ have investigated conditions in the
principal producing states report tina
tho frosty weather of fortnight age
affected nearly 10 per cent. OF the crol
planted. The replantng of this area
has given the crop season a setback
to such an extent that 1t is few days
late now, instead of being early. Seed
has been procured for replanting, blu,
at high price. During the last ten
days the weather conditions have been
so unseasonably cool and dry germina :
ton has been slow. Rain is needed in
all sections of the belt, with warm
temperatures, to produce the best re-
suits
Government Report Next Month.
As consequence of these conditions
the first government crop report, due
to be issued on June 8. giving the con-
dition of the crop to the average date
of May 25, will not make as good a
showing at the start as had been
hoped for UP to the middle of last
month, unless the weather conditions
from now on are OF uniformly favor
able average. A good start is neces-
sary in laying the. foundations for a
good crop. THERETO very favorable
weather conditions from now on are
essential
This Will cause the trade to watch
the daily weather reports more closely.
Market sentiment, as we'll as the at
titude of the trade interests. will be
Influenced accordingly in future opera
tions. This will make it more of a
weather market, with the immediate
future course of prices influenced from
prevailing from day to day.
"Stntistics"
In the meantime the movement of
the old crop into sight on the tall end
of the shipments from plantations and
interior towns has dwindled
to such small proportions. and worlds
spinners' takings continue so littlc in
visible supplies continue
decreasing in a larger manner than
many trade interests had been expect
ing Tho result will be that the
amount carried over at the end of the
present crop year, which ends on A,t-
gust 81, will be small enough to have
spinners dependent upon early re-
CENTS of the new crop make their po
stion a comfortable one until the
movement gets we'll under way. which
cannot he the case until October. The
New York Cotton Exchange figures
show only 1926 bales brought into
sight this week. against t18.467 last
year and S1,7l3 the previous year. thus
making the total amount of the crop
marketed of the past seasons growth
of about 100000 bales but a743.757.
as against 12.ao3.ooo marketed out of
last seasons crop of 13,s50,Ooo bales.
Spinners' takings this week are esti-
mated as about 10000 bales. against
2SSo0o for this week last year. and
consumption was running above the
normal
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
MARKET WILL DEPEND
ON STATE OFWEATHER

New Orleans, La, May S.-Cotton
trade this week as soon as the market
opens VIII be asked To discount the
state OF affairs In England caused by
tho death of King Edward Saturday
none OF the markets We're open out of
respect to the dead monarch. and there
was no way Of aScertaining what IN e
trade thought of the sudden ending of
this career as a market factor WITH
plenty of time Saturday and SUNDAY in
which TO consider well what is likely
10 happen in England under new
reign, II would seem that the week
can open without excitement, such a $
has been seen in The past on the death
or Important porsonages The politi-
cal situatton in England, however. VIII
be closely watched and quick attempts
VIII be made to discount any turns
that may be threatened. For While
more or less uncertainty in this direc-
ton viii be, in evidence and uncer
1ainty is never bullish feature.
Last week the Local trade was busy
trying TO make up its mind what the
big bulls were going to do with the
old crop and whether the new crop
would ultimately be of the hummer
variety such as 1t started out to be
The majority has come to the conclu-
sion that the bull leaders can and VIII
carry their suggestion into Tho active
months following May, and this win
serve more than ever 70 limit trading
In July this week. Probably August
and September will grow more active
heeause the risk of manipulation in
them is NOT so great AT the end OF
last week 1t was quite generally ad
United that a record breaking crop
this season is now next to impossible.
This conclusion was seen In tho mar
kes letters OF more than one firm that
has been purauing a noncommittal
course and resulted in the advice to
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
nerinnlne our clcan-up.

To the Editor of The Times Dispatch
Sir,-Next week seems to be the
time appointed for Misunderstanding
Some of us housekeepers think that
thoroughly clean and thoroughly
sprinkled, the after sweeping would be
more effective. and the dust be kept
down better. In watching the sweep
ers we find a good deal of dirt and
dust are always left behind; also If
trash cans should be placed on the
streets. and the citizens. men, women
and children especially children, should
be called on through the papers to
help keep the streets free from paper,
Feelings and trash. we might have a
hope OF really being "a city beautiful"
HOUSEKEEPER
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

,',,niln,etcessnry barrier, no matter as to
lts historic Significance.
Right here. be II understood, j love
ny city and state; Its people and their
.r rnai tons particularly those OF the
past, In that by the many great and
grand achievements, In the forum and
upon tho field Of battle, as have so
enriched the pages of history that this
ana ana generations to follow may emulate
.Iher example. so you may follow IN
llndest an anchorage, you can, when
asked the place OF your birth. rise up
IN your. full might and acclaim. VIZ
glnia---tho land Of the brave and the
home OF the free.
/ wish to call special attention to
the dangerous condition Of the old
John Marshall House, now cucumber
Ing the ground at the northwest corner
Of Marshall and Ninth Streets. In
View Of the city. at great cost, having
acquired tho entire square upon. which
to build the High School, and having
carried, into effect It's purpose. now
has thereon strikingly handsome
dedicated to the illustrious statesman
whose name, along with his momory,
will resound through all future time,
from now to eternity
And yet 1t seems sentiment is going
to allow the old home to remain. thus
from the symmetry and
beauty Of the school, as viewed from
Marshall street looking east and west.
Our Building Inspector. Mr.. Beck,
has reported the home to be In an
unsafe condition. and has also FUR
nshed an approximate estimate for
tho cost of its reclamation. 1 do not
believe that he has ever advised that
the proposition be matured. l. how
ever, believe he will agree with me.
and say, Take it away; why cumber
1t the ground?
You are right as to the expectancy
of removing the old iron fence from
around the Capitol Square. 1t, like
the old Marshall Home. Is too anti.
quated and lettering for the young and
people, who. since having
been adopted by Manchester, purpose
with your assistance to run this city
upon an up-to-date schedule. So take
heed, We antiquarians, and surrender
unto us the right Of way.
EDWARD s. ROSE ,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

more of weather market than il
has vet becn this season.
Toward the nd of the week the
statistics will come in for little
more than ordinary attention because
the trade is curious about acttinl state
OF business among mills The latter
have been talking a great deal about
curtailment. and yet last week they
took $4,000 bales of American cotton
against 100000 this week last year,
and Ella. 900 this week two years ago.
Should any such takings be seen
again this week the conclusion will
be reached that trade is much better
among the manufacturers than has
been reported.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
Keeping Our Mnter purc.

TO the Editor of The Times-D Dispatch
Sir,-There may be some cases where
ignorance Is bliss. but thore is surely
one subject upon which it can neve,
be folly to be wise, and that is the
all-important one OF the public health
In walking yesterday afternoon at
Reservoir Park, we were deeply con-
cerned to see floating on the water. in
state OF decomposition. dead fish
while two larger ones We're swimming
IN the reservoir, and, also, flock OF
ducks. In view Of the strenuous eff
directions, we feel it Is only neces sary
TO call attention to these facts to have
them looked Into by the efficient Off
Gals In charge Of that most Vital
department of the clty's veal the wa
ter we drink. VISITOR
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09

To the Editor of The Times-Dispatch:
Sir.--In passing the old Marshall
residence. Ninth and Marshall Streets,
to-day. / noticed that the repairs to
the house had begun. Now I want to
speak for the old trees on the property.
Some fine trees there have already
been cut down, but II Is to be hoped
that the others VIII be spared. New
trees can be set out anywhere, but 1t
takes years. many years, for a tree
to grow to the size of some of those
on this lot. These big old trees add
dignity and grandeur, which nothing
new, modern and up.to- date can pro-
duce. 1t Is to be hoped that the au-
thorities will appreciate this matter
and save the fine old trees.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
Reverence In Progress,

70 the Editor of Tho Times Dispatch.
Silt have read with considerable
interest," your editorial upon the sub.
]]ect OF the Iron fence around Capitol
square, published In your issue OF
April %, and ] beg TO say, 1t has been
nrettY well demonstrated to the minds
OF most OF our people that sentlmental
, ,s,m Is the order of the day, and that
nose IN charge OF our city and State
grounds AMI buildings are swayed and
lhnuencod by thu viii and wishes OF
antlquarlans. Circumstances alter
cases, require and demand that sen.
tlment should step aside and give the
rlsht or way to progress. so that we,
as we, claim to lead the procession
even though 1t be done at the cost OF
removing an unsightly building or
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
Obstruction. in Seventh street.

To the Editor OF The Times Dispatch
Str.-How long is the contractor t.
be allowed to obstruct the sidewalk
at Seventh and Franklin? 1t has beer
closed for several months, and al.
though the walls Of the new building
are UP out of the way, the sidewalk
is still impossible.
Since the removal of the post Office
to that locality 1t has become a very
busy corner. and hundreds of people
are daily Inconvenience by having to
walk around those distractions. Whose
fault is It? d. r. WILSON
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
DRY GOODS MARKET

New York, May S.-There was con-
tinued moderate buying of cotton
goods during the week, principally for
the account of convertcrs. bag manu-
farturers and printers Jobbers have
but little save the fall Ines
Prices have been only moderately
steady Curtailment Of production con-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
OLD DOMINION LINE

FOR NORFOLK AND NEW YORK.
~ richmond (foot Ash STD daiIy...7 p. NJ
Leave Newport News.,,..............b.O0 A. NJ
Arrive Norfolk 100 A. NJ
connects With main line steamers leaving
NOT Nortolk Tor New York daily except Sunday
I:V = NJ. Connection also made BIZ N. &
W, ny r. NJ. and G, & Q. Ry. at p. NJ.
land or receive passengers on signal
VIRGINIA NAVIGATION CO. canes Riyor
by dnyllsht for Norfolk. old Point. New.
g 20 Mews , ana all James River landings.
Friday at 200 A. NJ Freight received for
al James RIVER landings. Ticket Office ,s2l
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
MILLER g co.
hANKERs AND nRoKEns,
1907 10. Main street.

: wv TT NTNTH oNTCCVI
Members New York Stock Exchange
New York Cotton Exchange, Chicago
hoard Of Trade, Orders executed ror
Investment or on margin on all ex-
changes, Private wireH to New York
Chicago and New Orleans.
u. LEE RODEN. Manager.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-09
Atlantic Coast Line
EFFECTIVE APRIL 10. 1910.

EFFECTIVE APRIL 10, 1910.
TRAINS LEAVE RICHMOND DAILY.
For Florida and South: l:10 A. NJ. s.lb A.
NJ, 1880 p. NJ.
For Norfolk: 500 A. NJ. 500 P. N.
For r. w Ry.. West: $500 A. NJ. s:os
and 800 P. NJ.
For petersburg: 1870 A. NJ. s:is A. NJ. $500
A. RI, 1870 p. NJ, $500 P. NJ, 800 p. ~.
Cos P. NJ. 7:ao P. NJ. $500 P. NJ. and 1880
P. N.
For Goldsboro and Fayetteville: sa:zn p. NJ.
Trains arrive Richmond daily: a:+s A. ~.
6:p A. NJ, $50 A. NJ. 1875. il:4O A. NJ.
''lo:46 A. NJ, 1870 p. NJ. sos P. NJ. $50 p.
NJ, 500 P. NJ and ll:oo p. NJ.
TINA n, arrival and denar,mrs .na ..,.
nections not guaranteed.
C. S. CAMPBELL. D. F. A.