davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14

New York, November 13.-The mar
ket was backing and filling AFFAIR
last week. with no decided tendency
In either. direction from the cont'n-
uance of mixed sentiment In the trade
regarding the probable size of the
crop. The latter continues the most
discussed feature in the general sttua-
ton. The election has not been a fac
tor one way or the other, notwith-
standing that the result Is regarded as
making another revision OF the tariff
Inevitable. this time on downward
scale. Outside business has been light
as general rule, with sentiment
among local operators and the lead
ing market interests still much divided.
There are still apparently as many
bears as there are bulls on the market
TOR the near future. But II subsequent
events should prove the crop no larger
than ll.500.000 bales. exclusive OF
linters and repacks of sample cotton,
the great majority comedies the prob
ability of ultimately higher prices.
The Weeks Range Of Prices.
From the close of the market Sat-
urday. November 5, when January end
cd a l4.4S. March 1864, and May 14.14.
there was an advance of % to Is
points by Monday afternoon, with jan
and MAY 1900. From those prices there
was a break Of 81 to 80 points by
Wednesday afternoon on general liqui-
datlon and speculative selling on the
Census Bureaus report of 1899, 600
bales Sinned to November I, being re-
sarded by some as indicating larger
crop than the lower estimates OF
1l.250. 900 to ll,500,O00 bales Of the bull
leaders. After January had sold down
to l4.43. March 1850. and May to 1870,
there was sharp upturn Thursday
and early Friday morning. This was
continued. and resulted In carrying
prices up IS to 33 points. On this rise
January again crossed 14.71, while
March went UP to 1890 and May sold
at 1903. This high level was reached
early Friday morning. following the
circulation Of more bullish crop ac-
counts. which encouraged considera bl e
bullinE of the market by operators
aggressive on that side. This high
level. however, again induced consid
cradle profit-taking BY some Of the
other bull interests. With fresh selling
against actual cotton, prices slumpel
Is to II points from the top during the
late afternoon Friday. and finally
closed barely steady at 1855 for Jan
uarS, March 1919 and May 1889, Thus
after the whole weeks trading Of
backing and dllins fluctuations the
market left off Friday night with a
net advance OF but Z points ON January
to on March and Is on May, from
the closing prices of the previous Sat
urday. Spot markets here and at the
South also show little change from
the prices which prevailed week ago
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
AN ADVANCE FOLLOWS
TEMPORARY -SAGGING
Small Receipts and Dry Weather Chief In
v fluences in Wheat Market-Corn Inactive,
With Unimp rtant Changes.

bushela Notwithstanding this, cable
advices showed little or no noteworthy
change in European markets., which
was rather surprising In view OF the.
drought In Australia. However, spec
ulators here were giving, comparatively
little attention to foreign advtcss, re.
alizing that 1t has. become more Of a
domestic than a foreign proposition.
For one thing. they begin to see that
we will be almost out Of the running
as exporters unless otr farmers begin
to sell more freely. and this Tow an
ticipate, as 1t is we'll known that farm.
ers are dissatisfied with current bids
Moreover 1t rs felt that more than SO
per cent. OF the winter wheat crop has
been marketed, the balance being held
by wcll-to-do farmers. who can afford
to hold back their, surplus for higher
figures Therefore II Is thought prob.
able that the visible supply will speed.
lily begin to diminish. regardless Of the
export movement. Apparently a large
percentage OF the last crop is being
carried In the shop windows" II
was alleged that this wheat was forced
out of the hands Of poor farmers be-
cause Western banks had been! calling
In loans. Covering by shorts was also
partly stimulated by renewed com,
pIRlHlS respecting tue+ COu
drought in the Southwest Buying was
also partly accelerated by stronger
advices from interior cash markets,
where supplies have been dwindling,
while the milling demand was more
spirited. Then, too, Winnipeg prices
were decidedly higher, as large sales OF
Manitoba wheat have been made for
forward shipments from United States
ports, as we'll as Canadian.
Firmncss to Corn Prices.
Dulncss and narrowness were much
of the time the salient features in the
corn market. Traders displayed lil.-
tied interest, and consequently the
| fluctuations were as a rule slow ard
| circumscribed. Prices have held up
reAsa SADLY we'll, all things .consid-
cred. For one thing, the weather West
has peen dry and seasonably cold
: thereby facilitating the cutting and
| marketing of the crop. and Furthermore
the monthly report OF the Department,
of Agriculture was decidedly favu1:
able. as it suggested yield OF s.lal.-
$4,000 bushels. against 9.772,27e,00C
bushels year ago. Besides. the quail
Iity was highly satisfactory, S7.2
againxt s4.2 a year ago and 34.7, the
ten-year average. These factors were
however Offset to as mall extent hy the
disappointing quantity In farmers
hands, the total being placed at only
u 11s,o46,ooo bushels, or only 4.3 pei
cent. of the crop, whereas nearly al
conservative dealers had confdentl,
j expected more than 1s5ooo.ooo bushels
Notwithstanding the facts described
the receipts at the chief Western
points have been surprisingly light
thus confirming the reports that farm
ers were dissatisfied with current bids
finding it more advantageous to feet
to hogs and cattle. Export trade ha:
J been liteless, as the offerings hay,
!, been meagre and prices held abov
, shippers limits.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
Raker-Sprntt.
Especial to The Times Dispatch
RiChlands, Va. NoYember 30,

-. lsSpeClal 10 me 'llneS-DlSpalcn.I= -
R1chlands, Va, November lS.-One
of the most beautiful weddings ever
witnessed in Southwest Virginia was
that Of Miss Kathryne Spratt daugh-
ter OF Mr. and Mrs. w. B. Spratt, of
to Charles Baker of Chi
cago, In the Methodist Church, at
Rtchlands, at 3 o'clock Thursday at
ternoon, the Rev. Charles Kelley, of
Tazewell, presiding elder. of1iciatinE.
The church was beautifully decorated
Wit, With everEreens and chrysanthemums:;
The wedding bell was Of white and
green. Miss Margaret Stuart spratt,
sister of the bride. was the maid of
honor, and Hitler Baker. brother of
the groom. was best man. Master
Thomas Spratt, the youngest brother
of the bride, proudly acted as ring
bearer. The flower girls were the
little Misses Elizabeth and Mary Rich.
Iardson, cousins OF the bride. The
bridesmaids We're the Misses Ethel
StetEer, Pulaski; Ollie Surface, Chris
Hamburg; Anna Dickinson, Castle
wood: Gertrude Maillard, Los Angeles
Cal; Mary Cox. Knoxville, Tenn; Der.
tina Spangler. Jared. w. Va, and the
ushers We're W. Leonard and Harry
Richlands; William Ayers. Knoxville
Tenn: William Neff, University OF
Virginia; Robert shannon, Saltville
George y, Richardson, Roanoke, and
w. Frank Lewis, Richmond,
The bride wa given away by her
father, w. B. Spratt
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
TR ADERS' ATTITUDE
Is FEATURE OF WEEK
Speculation in Cotton Is Irregular, and Figur-
ing on Crop Is in Progress-Ihe
Ginning Return

These fluctuation covering SO narrow
and unimportant range, show the
very uncertain speculative position the
market occupies at present.
Figuring On the Crop.
OF all the private crop estimates an.
nounced during the week, that of Se'll
Brothers for a crop of ll,sso,0o0 bales
has been considered most important.
That firm has been estimating the crop
foriyears for the English and European
trading elerne mt and spinning interests.
AS consequence OF this position, IT'S
estimates are naturally regarded as
likely to be as liberal as the situation
and the outlook of the crop allow. 1t
has been this estimate. together with
several others put out by local and
southern cotton houses and the bulllsh
private report received from Oscar K.
Lyle. which has again caused small
crop talk and encouraged the bull lead
ers to maintain their aggressive sup
port of the market. There are very
many trade interests here and In the
South, who still believe the crop is
over 100000 bales. exclusive OF lin
ters. The ginning reports issued so far
have encouraged the bears to beneve
the crop is nearer 100000, bales than
100000 Calculations on ginning
figures are likely to be more mislead-
ing this year than ever before until
after the ginning for this month las
been completed. The crop in Texas
has been picked and ginned more rap
idly and earlier than for years past.
while the crop was two to three weeks
late in developing all through the At
lantic and Gulf States. The annual
preliminary estimate made by the AZ
ricultura Bureau at Washington is
never compiled until after the gin.
ming figures are In up to the end OF
November. That report Will not be
announced this year until the first
week in December, as usual It 1t
should confirm the smaller crop estl-
mates now current, repetition OF the
active speculative trading OF last year
is likely to be witnessed.
Movement OF the Crop.
The total amount Of the crop broughs
into sight this week. according to the
figures Of the New York cotton En-
change, is $4,000 bales. against DOT
last year, and 100000 the previous
year. This makes the total amount OF
the crop brought into sight from the
plantations from the opening OF me
season on September I to date, 4.6oe. oO0
bales against 4,975,o00 the same time
last year, when the crop was abou,
1o,5oo,ooo bales, ana 5.155.ooo bales
brought into sight during the CORE
spending period the previous year
when the crop produced exceeded 49,.
100000 bales. The total amount O.
cotton exported this week is 2S,oot
bales, which makes 2,28o,0OO since Sep
TENDER /, against 2,451.OO0 last year
|! The Increase In the worlds visible
J supply Of American cotton this wee.
is $4,000 bales, against 1SS.000 the
same week last year, with tho presen
visible supply OF American cotton now
approximating 2,s5400O bales, agains
$4,000 last year, with the world
! spinners' takings for the week approx
lmating 3s5,oOo, against 3ss,o00 las
| wear -st.tt i5t y
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
DEDICATE CHAPEL
AT SOLDIERS HOME
Especial to The Time .pispatch.

Especial to The Times-plspatch.l
Hannp,on, Va, November lathe
Catholic side of the Franklin Murphy
Chapel at the National Soldiers Home
was dedicated to-day with interesting
Augustine Nj, Van De Vyyer, the Bishop
OF Virginia, dedicated the chapel, while
the Rev. Father Walter Ellis, who
fought in the Civil War, now apostolic
priest in New York city, was the
speaker OF the occasion. Rev. Charles
e, Donohoe, az Portsmouth, conducted
the mass The choir rendered splcn-
did musical program.
The exercises were attended by Col-
onel p. Pellitler. Speaker OF the House
OF the province OF Quebec who Is al
the Hotel Chamberlin with Sir AL
phonse w. Pellltier. the Lieutenant
Governor. OF Quebec. The dedication also
broushtsa number OF prominent priests
here forathe day.
This afternoon Bishop Van De Vyver
and others who participated In the
dedicatory exercises We're the guests
at dinner in Hotel Chamberin of the
Rev. Father Wlson. the Catholic chap
lain at the Soldiers Home, IAeuten-
ant Governor Pellitier is at the Cham
berlin for the benefit Of his health.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14

are buying goods carefully. AMI Entiis
are irclining more and more TO pol
Icy OF avoiding the accumulation OF
merchandise for which there Is no az
tive call.
The prices Of raw materials are so
firmly maintained that manufacturers
are forced to maintain high pficss,
even IN the face OF limited sales p;a-
tributors In the West and South and
in the agricultural sections gensrn'iY
report better volume Of business
than Is noted In the industrial centres.
In cotton goods, the sales OF print
cloths at Fall River. for the week,
reached but $4,000 pieces. or about one
half the output The advance business
placed for contract delivery prevents
accommodations Drills. sheettngs, duck
and other staples hold firm and quiet
A broaded demand is needed on staple
prints. and ginghams are being dis
tributed steadily. Bleached cottons
hold firm and quiet. Colored cottons
are quiet Cotton yarns are firm. with
business restricted in volume by nigh
prices. In mems wear, trading Is fair
on additional spring deliveries, but
trade is quiet
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
National Bank Of Virginia
Capital, sl,2oo,ooo
Surplus, S 100000
Accounts solicited
Ninth and Main Streets
8alroaDs.
sEABoARp AR LINE,

sEABOARD AIR LINE.
southbo trains scheduled 10 leave Rich
nnond daily: $40 a. M.--Local TO NorliHa.
Raleigh. Charlotte. Wilmington. i;:o p. NJ
sleepers and coaches. Atlanta. Birm!ngham.
satannah. Jacksonville and Florida points
1850 p. M.--sleeprrs and coaches. Savannah.
Jacksonville. Atlanta Birmingham and
Memphis Sor,hbound trains scheduled to
arrive Richmond daily: 500 a. NJ. sos p.
~. $40 p. NJ.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
ELECTIONS PROVE TO
BE TURNING POINT

came forward again and asserted their
influence. Corporations that seek to
secure now capital are confronted with
tho condition that ate. months OF al.
most total abstention from new issuns,
the hest terms offered 'bys,ba hiking syn
dicates are considered practically pro-.
hibltive. The contention that Inc 1itii-
Guilty would be removed by permission
for the railroads. to- increase freight;
and their credit does not lake account
Of the wider existence Of the conditions
complained OF. The fell IN British con-
soils to 7SS4 prompted a review OF 10
.vestment conditions by tl,s Economist.
OF London. which led that authority to
this conclusions:
TN point OF fact, 1910 has been {.
year of low. records, and Il We 80
through the prices OF the best class OF
of them stand lower than ut any Ere
vious time In their history"
The sustained high cost of living and
the difficulty thus engendered OF set.
ting terms. for wages OF labor go mars!
in hand with this problem of return
on capital. The persistent growth OF
the excess Of bank loans d6'er deposits
is allied to It. So. also. Is the kecn
demand for currency and credits by IL
terror banks, which came to tbs New
York banks last week. Renewed al.
tention is thus called to, the expanded
loan position OF interior banks. and to
the pressure upon this position involved
in the crop moving demands.
The decrease in untitled orders on
October 81. reported by the United
states steel Corporation. the su.07na'l
production reported BY the Cope.
Producers, Association for OctooeF. anf
the express mems strike In New YORK
We're disqu,eting influences on specu'
lative sentiment
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14

New orleans, La, November lS.-The
orr big tonic in the cotton market this
week will be the next report on
ginning by the Census Bureau. This re-
port will be issued November 81, ana
will carry ginning figures to Nofem-
Der 10. Bears are expressing sangulne
expectations in this connection. rms
week. It is expected. their circulars
will state that the cotton belt mas
experienced almost ideal weather dur
ing the entire ginning period under
consideration: that much cotton was IN
the fields ready to be picked, and that
much which was picked early in the
fall and stored In the seed awaiting
a favorable time for ginning has lately
been sent to the ginneries, The bulls
are expected to advance the conten-
lion that Sinncrs figures in November
do not mean much in relation TO the
Total crop.
ON the end they apparently
showed no disposition TO argue that
the figures might not be large.
The opening Of the week VIII be
influenced more than usual by the az
Iitude of the Liverpool market. liver
pool has lately shown decided dis.
nosition to take charge OF the bull
waiting to see what Developments WI
some from the source, The English
,rade lis being swayed BY accounts "
prosperity from the Lancashire mills
and as the business being done by the
mills does not seem to be the result
NJ little squirt in the demand II Is
asserted that there seems to be an
Indication that bullish ideas may grow
the English, market
& The Southern farmers Will hs
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14

New York, November 14.-The cleo
tons proved TO be a turning point In
the stock market, but not in the direc-
ton anticipated blythe speculative ele-
ment. For weeks nearly everyhon who
took any part In the speculation had
heen buying and bidding up stocks on
the assumption that the passing OF the
elections would release waiting de-
maf,d. which would afford an abaorp-
tive medium for profit taking sales
The condition was that every specula.
tive, header was determined to sell
stocks OH the. day before election.
elose. The general outside demand was
entirely lacking. The abrupt decline
In prices resulting from the realizing
sales demonstrated how narrow and
restricted, had been the circla OF the
participation in TIE operations preced-
ing the election. from which itresulted
that all previous buyers were turnco
Into eager sellers.
(: The prediction movement was based
on. correct forecasts of the coming
political oyertures. but the extent o.
the reversa! was greater than looked
for, and disturbed financial sentiment
by the new possibilities presented. BY
anticipation, it was expected to operate
as a check on radical legislation ten
dehciesgby a division OF power whlch
would offer obstacles 10 action. In
stead. there was offered for conside,a g
tion7the prospect Of a coming transfer
of party control and changes in fiscal
and governmental policies difficult to
psedict with accuracy.
VITA the passing of the popccal sac-
tors and the failure of their expected
effect other doubtful factors derived
renewed force. The position OF the
banks. the money market and ca?lta'
supplies, as we'll as the labor outlook.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
N. DEBT TO PAY
TO ANY ONE DIX
Governor-Elect Says He'll Per
nit No Undue Influence From
Tammany or Other Sources
GAMBLING LAWS WILL STAY
Public Service to Remain Under
State Control, but lnexperlenc-
ed Commissioners Barred.

McKeever. N. Y, November 10
There will be no frills and feathers no
fads and fnncies, about the admlnlstra'
ton OF Governor John A. Din. IL WIZ
be business administration. anu .n ,,
business OF the state OF New YORK WIN
he conducted with the same regard u
expenditure and results AS In one of
the highly organized and very success
full private corporations In which the
Governor-elect has welded doAs.nat
ing influence. The stockholders. IN
this instance the people of New 70.
State, will have their say about inc
administration Of the public business
at every conceivable point.
ut is their business, not mine. ! am
merely the instrument In their hands.
said the Governor-elcct TO CORES
spondent who interviewed him at ms
camp here in the North Woods. "And
this sort Of administration is the only
sort of administration would kno"
how to give the people. | am not
politician, and am too new to publ'e
life to lay claim to Mates fnanshipi
but have been reasonably successful!
in my own business. and every DIT OF
business ability possess will be de-
voted from the moment take once &c
the Interest of the people and the grea,
State Of New York"
In Village He Built Up.
!! If any evidence of the good faith OF
| the man who from January ] VIII &C.
cupy the Governors chair at Alban!
were needed, that evidence is close a.
hand. Just now Governor-Elect DIX u
preparing to set his financial house II
I.order and to arrange his multitudinous
business affairs so that he may be able
Ito give his undivided attention to tht
| affairs of the state for the next two
years to come. at this little village
the outward manifestations of the Di!
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14
MARKET WILL AWAIT
REPORT ON GINNING

watched closely for amy disposition TO
let 20 their cotton, for their stubborn
holding has come to be one OF the
main factors in the present situation
Some traders believe that small ad.
vance will bring out much spot cot.
ton. but the bulls generally think
that 1t will take a Is cent quotation
for mddling on the farm to move
very much of what Is being held. Be-
cause OF this holding of spots, New
York spot traders are in a peculiar
position; they have sold spots to spin.
ners and have hedged their sales by
purchases OF futures, but now thay
find they cannot replace their holdings
OF futures with the spot cotton they
need except by paying more for spots
than their futures will bring. Bulls
believe that sooner or later this viii
result in rise in futures. The situa-
ticn is growing In interest fast
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-14

Ner York, November 1S.--Greater
nrrness prevailed in domestic wheat
ynaikats early In the week, but this
was soon followed by dowpward
trend The initial strength was mainly
attributable to decidedly better cables
from both Continental and United
kinKdon, markets. European markets
were Influenced largely by the decrease
81 the worlds shipments and the re-
sultant email increase in the quantity
on passage, In spite of continued abdn-
dant contributions from Russta;and the
Danubian region. The rising tendency
IN the Buenos Ayres market was also
partly responsible for the advance
abroad The tirmness in domestic mar
kets was TO some extent caused by the
continued meagre primary receipts.
and particularly in Duluth. where the
arrivals have been fully 40 per cent.
less than a year ago. Because Of the
continued light movement and the
fairly large exports the increase IN
the Visible supply was smaller than en-
pected
As to Holding Wheat.
There are traders who anticipate
reduction in the visible supply before
long, as they believe that receipts at
Western points will continue limited.
as well-to-do farmers are showing
great unwillingness to part with their
surplus Many arc refusing current
bids. The subsequen; recession was
partly traceable to less favorable ca
bles, European markets showing weak
ness owing to indications OF brighter
prospects In Australia, although these
were partly counterbalanced BY reports
OF too much rain in northern Argentina.
The downward tendency In our mar
kets was partly checked by further
complaints respecting poor Sermination
in the Southwest, because of insufficient
MOISTURE In some quarters domestic
selling was, stimulated partly by the
reported huge worlds stock on Novem-
Der (which was 237.0o0,oo0 bushels.
or theslargest on record. This was an
increase during October Of 22o0O,o0o
Bushels. A year. ago the total was only
17s.000,000 bushels.
ant, prices Jumping upward somewhat
sharply, especially when compared witt
the early narrowness. Some shrewt
traders were inclined to ascr5Ae thu
reaction mainly to speculative influ
ences. They; we're of the opinion tina
4 rebound was the reasonable thing t
expect after go many days In whicl
bearish sentiment had predom,nated
They.zfe that the bears had becom
tno bold and that the market was Il
an oversold condition. Consequent:
only small incentive seemed neces
sary to cause anxiety to cover, and sue
Incentives were not wholly lackins
Why Prices Advanced.
For one thing. estimates as to Argen
tina's probable exportable surplus 70
the coming year were much lower thai
generally anticipated. Some cable
placed the surplus as low as 100000
bushels. ranging upward as high a
40, 1000 bushels. whereas prevtou
guesses had not been below 100000