davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
COTTON MARKETS.

New York January s.-The cotton market
opened steady at decline OF points TO
an advance OF 8 points, being influenced by
weak cables at the beginning OF the cali.
while the appearance OF good buying orders
Armed prices up on the later months. and
tho general Hat advanced quite sharply dur
ing the first few minutes with March selling
up TO !5.T4 and May TO 1899. or about &
points net higher Realizing became heavier
and prices eased of or points. but the
market developed no actual weakness, owing
partly TO expectations OF a buliish census
report on Monday and Il further advance in
print cloths at Fall River. New Orleans wa 8
closed to-day. The market closed strcn g
with prices net loq11o points higher.
Receipts at the ports to-day were ls.2la
bales aga!nstN7,dal last week and 1870 last
year. For the week 10000 bales against 49,
S5s last week and a52,75l last year. To-day 8
receipts AT New Orleans 1856 bales against
$3.50 last year, and al Houston 65ss bales
against GAIL last year.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

Cotton. quiet; middling, 1855: gross re.
ceipts 81 bales; stock. ELSA bales.
Total to-day at all ports-Net receipts.
ls,2l2 bales: export to tho Continent, 1855
bales; stock. 7sl,377 bales.
Consolidated at all ports-Net ereceipts.
1929 bales; export to the Continent, 1,oos
bales
Total since September at all ports--Net
receipts. 5.25s,o6s bales; export to Great
Britain, 1.43o,ls0 bales; to France. 729.s22
bales; to the Contine.t l6G3,09o bales; to
Japan, 27,o2s bales; to Mexico, II $40 bales.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
MARINE INTELLIGENCE.

PORT OF RICHMOND JANUARY s, 1910.
ARRIVED.
Steamer Berkeley. Shelly, Norfolk, mer-
ehandiso and passengers Old Dominion Line.
Steamer pocahontas, Graves. James River
landings and Norfolk, merchandise and pas.
senKers, virginia Navigation company
Steamer Aurora, FurIhan, Petersburg and
James River landings. merchandise and pas.
sengers, Phillips Line.
SAILED.
Steamer Berkeley. shelly. Norfolk, mer.
.chandiso and passengers. Old Dominion Line,
steamer Aurora, Furman, Petersburg and
James River laudinss. merchandise and pas
gengers, Phillips Line.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
rrens1,rx statement.

Waehington, D. c., january s.--Thc condl.
ton OF the Treasury at the beginning OF
business to-day was as follows:
Trust Funds.
c,old coin ss7s. 2o.sso
silver dollars. ................. 4S6, esi COO
stiver dollars OF 1S9o..........,.... c,e3i.Oo0
Oliver eertiacatos outstanding 49,. 4s5,9sit99
General Fund.
Standard silver dollars in general -,
c.nrrcl,. liabilities. 1oa, oai 1873
Working balance in Treasury offices 2iiszsia
~ ~, va 'Irnitea states. ss,oioc9i
s,,,hs,dIa,, silver OBSERVATION-DISCLOSURES. 10, sa2.3s7
s,,sar' c1;,, NEUTRALITY-SUSPICIOUS.. 953,s3i
a,a,ai he lance In general fund -. S., 2s5,6se
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
cr,rc.co CRAM MARKET,

Chicago. III, January S.-Grain prices were
uniformity weaker here today at the close
on profit-taktng sales. Provisions ruled low t'
hog shipments. Change OF sentiment from
buiiishness at the opening In The wheat pit
produced marked results, prices at the low
point being off from 1s9lc. compared with
the best marks OF the day.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
A VIRGINIA CONCERN.
The Life Insurance Company of Virginia
Mikes Another Big Record for Yenr.

Makes Another Big Record for Year.
The Life Insurance Company OF Vir--
concerns. or perhaps 1t should be said
one Of the Virginia concerns, to which
not only Richmond. but all Of Vir-
ginia, points with pride. Richmond
and all OF Virginia take pride in this
company because it is strictly yir-
ginia institution. built up to its pres
ent mammoth proportions by Virginia
capital. Virginia energy. Virginia bus
mess foresight and Virginia loyalty
to all good things that are vtrginian.
forty years ago. and went up against
heavy odds and all kinds of opposition
from the uttermost parts of the earth.
In the field It undertook to work It
by Northern and English capital
world without end. but the company'e
incorporators had an idea that there
was no better location for great en-
ginia, and there could be found 10 viz
ginia no better place for a home Office
than Richmond.
Richmond ana all Virginia rallied
to the support Of the business men
establish here a home life Insurance
company. men who were capable Of
teaching the North and the whole
world that there was life in the old
land yet All Of the great South. too.
dark and bloody ground" rallied to
The support of the strictly Southern
iife Insurance company. and while
sentiment cuts but poor figure when
one comes to provide by the Way Of
life insurance for loved ones there
was to q certain extent a disposition
on the part of Southerners to stand
by and support a Southern institu-
ton.
However the officers and managers
and agents of the Life Insurance Conn
pany Of Virginia did not attempt ia
any way to take advantage Of any
sentimental or patriotic or sectional
they ala business on i busin ess'n prins
ctples. that Is to say. they offered
to their patrons the greatest amount
Of absolutely safe life insurance for
the, least money consistent with safe
Thus the company has grown from
year to year expanding It's area Of
usefulness. until now it enconpasses
nearly the entire At! South. and has butt
sp ~ 'a ae aond fE1n Less than
than s2,5OO, 900 In the year 1908 -
IT Is doubtful II there Is another
life insurance company In the coun-
try that ra can boast T5e q such sue
Company Company Of virginia starts At tha neW
year. with a larger income. a larger
surplus and larger place in Tie liz
hearts OF the Southern people than
It over before. enjoyed Il has long
and is now full grown, safe ana IN
every way reliable institution.
This great success is due to the
able nageMent ct III IL resident r, John
I'd ~ q. large force of officers, man
ayers sunerintendents, agents and
home office employees, Which force now
numbers over 500 persons.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

RICHMOND LIVE STOCK MARkET.
(Sales at Union Stock YardA)
Richmond, We. January 8, 1919.
Report OF the live stock market for tho
week ending January 8. 1910:
Recclpts-Cattle. 3o3 head; calves, 80 head;
sheep, 273 head; hogs. 6sA head.
Best steers, &C.; medium to good, 4hU6Nc.;
common to fair. aA@A#e.; beat heifers. 5 q
to fair, sAG4c,; best cows, 4lac.; medium to
good, 81 O. &c.; common to fair. 2dpsNc,; bulls
slsG4,ac. Cows and calves, sa0Q 5000 pei
head, Calves, 491e; best sheep, 4,idp5c,;
2,s @s,sc.; best lambs, SIZE; medium to good
,s@6c,; common to fair, s1aGp4ic.; hest
hogs, &c.; medium to good, S1i QpsAc.; light
hogs, 9 SRsaoi pigs. 4 q 7Ac.i soRs ana stays,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
MISCELLANEOUS MARKETS.
PEANUT MARKET

Petersburg. Va, January s-Peanuts.-
spanish.-MarlSet steady at s1.40 per bushel
virginias-Jumb DO. 4A04,sc.; az 94c. for
fancy handpicked; 3H oslo. for machine
picked; 2MG2Ac. for Smelling stock.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
DRY GOODS 11ARKEr.

New York, January S-The cotton goods
market closed strong and advances are be-
ing named steadily on many OF the coarser
and medium count lines In the Wholesale
markets Yari-s are frmer Fine and fancy
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
.REPORT ON State S
LEADING INDUSTRY
Continued from First Page,

Continued from First Page.)
Of capital in a single line in the State
and leads In the mum Der Of employees
and the volume OF wages paid.
The 313 cotton, wooden and silk
mills report authorized capital Of
s51,os3,55o. and the employment Of
3.l4S,51l spindles. 55.69o looms, and
l30.355 horsepower. There are 65,12a
employees, Of which 31,79l are males
The estimated number OF persons de.
pendent on the mills for livelihood i,
|154.35c.
The reports show general Improve
ment IN the financial condition Of en-
ployes. There is also Improvement
shown In educational matters among
the employees, and the labor laws are
generally observed AS to wages paid.
the reports show nigh average OF
s2.54. and low average Of 67 cents for
males, and S1.20 and So cents for fe-
males. The average days work among
the cotton mills Is 1860 hours. Steam
Is the motive power for 11S of the s15
mills. and electricity for 50. while AZ
have steam and water. a. water only,
and one gas.
knitting Mills.
There are 60 knitting mills, with
S2,s53,o4o capital, 74,440 spindles, g.
s43 knitting machines. 613 sewing ma
chimes. and using 5,71e horsepower.
There are d,s67 employees, with about
17073 people dependent, Wages are
about the same ayera ges as the cotton
mills.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
Linens rule strong. and there has been some
improvement III tho demand for burlays.
NAVAL arf,p MS.

-. n.
Wilmington n. c.. January s,--spirits Inr-
Rosin-SteaAy at $3.50; receipts barrels.
Tnr--1'rm at SO: receipts TO- barrels Gsnde
Turpentino-frm at sasodaeo; receipts "
barrels.
Firm at 5nc.; sales 90 cnsks. shipments lG0
casks. Rosln--Firm; saieD 1865 barrels; re-.
ceiptu 1856 barrels: shipments W. parrelsi
etoek 1850 barrcls. Quote: y. ah.o
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
GOSSIP In the Street.

: "
Number Of shares gold to-day. $780,
10; last year, 635,ss4. Far value OF
bonds to-day, S1,701,000; a year ago,
S3.616,0O0.
Lake Shore and Michigan Southern
has applied to the upstate commission
for permission to issue s15,000,000 of
4 per cent. bonds for Improvements and
additions. 1t has also asked for the
authority to guarantee $11.O0O.o00 OF
bonds of the Jamestown, Franklin and
Clearheld Railroad Company. Tho
Lake Shore has already advanced
money to this road and has RECEIVED
the bonds in part payment.
Paul Morton denies that he Is to
succeed Theodore P. Shonts as presi-
dent of the marlborough Rapid Tran
| sit Company.
Charles a. schlacks. vlce-president
| of the Denver and Rio Grande, has
| been elected as vice president OF the
Western Pacific.
Frank C. Hoffstol, president Of the
| Pressed Steel Car Company, has pur-
chased the NlcCord's interest in the
Western steel Car and Foundry Com
pany.
New York. January s.-Money on
call nominal; time loans easy; sixty
m aaa NINETY " d per cent. per cent SIX
Close: Prime mercantile paper. 1-2
| @5 per cent. Sterling exchange weak,
| with actual business in bankers bills
at S4.S3S5@s4S475 for siXty-day bills.
and at s4.S66O for demand CONNER
cial bills, s4.S3@S4.sa 1-2. Bar silver.
1 ment bonds steady. Railroad bonds ir-
\ regular.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

seaboard Air Limo 4s......................t IS
Southern Pacific COW. 4s................. 1o5,s
Southern Pac. r. r. LIST ref. ls......... 947i
Southern Railway IS (bid) .............. 10
Southern Railway son. is........,........ slii
United stutos refunding 2s, registered. 10I
United States refundinE e. coupon.... lOl
United states Ss registered ............. l6l&
United states SIS. OBSERVATION-DISCLOSURES. l0isi
United States As, Observation-Disclosures. ma
lnited States As. coupon................ 1l5
Union Pacific Observation-Disclosures. 1914
Union Pacific COW. OBSERVATION-DISCLOSURES. 1874
inion Pacific list and ref. 4s............... s7si
nited States steel End 5s................ 165
irglnia Carolina Chemical bs.......... ssX
B,abash 1st and ext. ACKNOWLEDGEMENTS. I6a
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

Quotations for interest-payinE bonds are
at price, to which interest must be added.
Income bonds aud certificates o: Indebted
uess arc flat.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
8 co.
BANKERS AND BROKERS',
1lO7 II. Main Street,

New York Cotton Exchange. Chicaas !, 7
Board Of Trade, Orders executed e.,
Investment or on margin on ali en-
changes, Private wires to New York
Chicago and New Orleans. y
n, LEE RODEN,
s.,s Manager,
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
(|NE[). ()P
IAlESS.SAC.E:

y sE34N JANUARY fasiucnt' RATS mes
W. S!s--------.-..-------- lent In Wall Street
I. ,,,,x, anced continuously
CORNERSTONE ,,ar . ~ ~. - IN tn
sSsM Fisheries Coma. distinct improve
ssasy ~, s,,,.t q steel shares were
!55f3f1sSR ~ slI7s Taft's message
$zE3&I r Industry. last the steel trust
ass|& from the govern
&'at oys tteAAlss3 II. corporations oper-
i; Ut goes on to publicity Of detail
sSHf ia so1d. ut any nvestigationS
efor the pres 49, 80, lad
EHS@n variety the general leader
lesEes&ull market, pparent for months.
nress charge be secured on this
;sxz&N ere is also silence IN
u - "a arding the next div
have crlpIln be had at this
ns over the lie that earnings will
ofi, Of the Dividend.
|, acted as though
a ond ns-tnere.le held back for the
h It'll In what t.ation. Daniel Gug-
IA he same timatemept that tended
TONS own sta er = '0pper s'1'''s
vince any oed very material
much fault and loans will not
.,,ar,, otheluch for some time.
- - Lake Shore for a
ENWlch were n'o'ss15 s, 100000 was an
Ind to reason
9$;g5s,ld follow wopmcnts.
==s==------ ,.lion over President
- sliae eAo vel worry over possi-
-. op crate evin the Rock Island
pa i Street Il Very ir-
TEAhd +o ohseris week. Many wild
d circulation, but noth-
]. hEis o. ene veloped in the way
Ad1 A,Nome OF thSexcept official an
TENT desire n Pierpont Morgan
IS apught control of the
s5ssAssM .nue and the Guar
ss3yy eAsliipAe' rtjanies, and would |
lsS:sS s nance OF tE1nder the name of
;:s Desirable, this Will give q. new
!. odd banking power OF
ss S4so pposed" reasons for believing
lXBut the cctSy buying OF South
aaA,ay he vel for the account OF
e.. ,on,. a treasury. This Is
fitted, but an Official
IN the 81 naturally be With
& ISestion IN of the Southern Pa
~ ovstor rined to give an ac-
eHS Union Pacific. This
go go !. ID cause President Taft
s SSto nothlhtis Congress TO for
sSssSN.T siier method of additional stock
.,I 70 lease BAD except in cases
$3.50 ssssN .... per cent. is already
SsS Nh pf 1T does not want the
~, iiss1ssat q basiapelled to sell stock
warning
ssssS s;sS; rea cs OF the Presidents
!, !, ~ market in the midst
~ %Ssss max Tug ~ largely to rumors
.s&s9SssX PROM was i'll. His bank
~ rnmtssien closed for an hour
ALL :;;;:' : :: 4
On OF the himself. A decline
..iliar wi point followed pub
knowledgsa Il. The mark 81
is noaAnce of large short
lers in Rngers ! str,n,,tsa - ,ntsre
divi seIapueea III in'e .,,"z.
ara ehe week. The banking
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
RICAMoND roBACCo MARKEr

Richmond. Va. January s, 1910.
Brights--Unchanged. Quiet, but hrm. Fair
receipts. Dark Tobacco--Receipts very light
Little or nothing doing. SUM- u.ed-No re-
ceipts and no sales.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
7rho leading futures ranged as follows:
IF Open. High. Low. Close

Recelpts-Wheat $500 bushels; corn, is2,oVo
bushels; oats s93.eOO bushels shipments
Wheat, 1900 bushels; corn. 1850 bushels:
oats. 577,To0 bushels.
Baltimore, Ma. January s.-Wheat7--Eas
Ter; spot contract, sl.2sbh. Corn-Steady: spot
contract. ssA @6ssc. Oats-Ftrmer; No.
white, IS 35sMc.; No. mixed. 5l@nAc. Rye
Firm; No. Q western. export. sa3s3c-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

down while they accumulate the stock.
Goldheld onsolidated is, also in good
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

New York, January s.-Beeves-Rece' pts
2,ls5 head. Dressed beef steady. Calves
Receipts 1919 head City dressed veas, 100
49,: country dressed. 9@ 14!sc. dressed barn
yard and western calves. saicc. Sheep and
Laubs-Receipts 4,s10 head. Sheep, s4.35ess;
lambs, $500 20; yearlinss. $40. Hogs-Re-
ceipts, 5,is3 head. Market nominaily higher.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

account OF the Year
,, We're suspended. while
, sls so will probably give a!
ally New stock An III
e COZ Gas's dividend is re-
IA mYle also, earnings be-
Jpd In st, Louis.
~ sp ecialties to show
HeSere International lIar-
las national Pump.
ears,-----------------
I, Market,
e is curb closed strong
Regularity. Leaders In
use; We're Miami Copper.
h .ated. Chino, Consoli-
yAnd Ray Consolidated.
Trade a sharp advance.
5es was steady, Inspira 4
,tiohio We're firm. There
pr La Rhe by brokers'
~ to keep the market
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

estimated at 5000 head. Market steady.
,Beeves. SAao9s.o0; Texas steers. SLl5 gS.ao:
western steers. s4.2s @63o; stockers and feed :
ere. sa1595.3o: cows and heirers. sg.25 a5.ss:
At LOCO head. Market steady. Light. $3.50
Gs.S5; mixed. ss.@@s.s0; heavy, 1886 1896 /:
rough, ss.659s.70: good to choice heavy. $3.50
dss5; pigs. s7.eo1s.6o; bulk OF sales, ss70ep
s.e5. Shecp-Receipts estimated at 5000 head.
Market steady. Native. sss5Gs.15; western.
A@e.25; yearlings, $3.50 OSLO; lambs. 3s25a %
ESQ. western, 6.e5GSSa. u
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
CLOSING BOND QUOTATIONS

D PEI. and Rio Grande ref. 5s.."..... oa.a
Lsrio cony. Is. series Northumberland. 81
Erie cony. Is. series "B"..........,...... 70
tntor Metro 4iss...... -S2Ts
ttana. a.eIc. Marine ACKNOWLEDGEMENTS. ross
nnIstj, - 10y Southern lat as............. 1875
M;sae,ri a,la Nash. Un 4s............ 1oofs
Naa VII, ias,nc Sl7s
Sor,ois> oep. 49, ,....,......... 94A
;ortoi. my ma Western lst con. 4s......... osa
80, ~ Mes.srn con- 101..
e,syi aa eotv. o.ss (lsl3l ..,..... 3d.
- Isl. MA conso1 1ol.
p. LouiS aiil ,,att ran. 10. as IS
!. Louis QUE. ana san iran. gen. Ss.......... Sss
y. Lou LOUIS . Wes.eth con. is...........,... s73i
IT. Louis s'western LIST gold 4s........... es,s
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
RICHMOND STOCK MARKET.

Richmond, va. January s. 1910.
SALES AT BOARD.
Virginia Fire and Marme-so ct tS,a; 10 ct
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

&c of the call money
h.,d >nt.. but on Thursday
land reduced It's dis
unless 4 l.2 to I. per cent,
dis, the II Street was offered
and under. Bank
! II money rate OF from
i 49, fop some time.
pWe MOTTO Morgan.
YARD vii OF Steel has been
&. a fgo j. ?. Morgan and
s of Morgan say this
1oialy by way of prepar-
prese market in the event
ongerls made by the Rock
-a the Stock Exchange
ENTrs ,line the brokers who
TION,Island to 81 the Non
ates antas.
- ommon stock acted
: the week, breaking
day, bvz. Three brokerage
2ple did nod as certain to be
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

sALEs:

1,4oo Amer. Agri. Chem. Co.. /.
1000 Allis- Chalmers ..........
400 Allis- chalmers. ptd..
$500 Amalgamated Copper !.
200 American Can ............
$50 American Can, pfd...
400 Amer. Car and Foundry.
Amer Car and E'Ourl., pfd
100 American Cotton OLE.
400 American Locomotive 81.
3o1 Amer. Locomotive, pfd.. !.
loo American Smelling ......
400 American Beet Sugar.
GO American Sugar .........
500 Amer. Tel. and Tel. Co..
292 American Tobacco, com.
American Tobacco, pfd. !.
5000 anaconda Copper $1,000.
900 Atchison ..................
atlantic Coast Lire...- =.
20 a. G. J.. Of Conn..........
100 Baltimore and Ohio......
10 Brooklyn Rapid Transit.
900 Canadian Pacific .........
SgO Central Leather ..,......
9.915 chesapeake and Ohio....
1920 Chicago Great Western. !.
4,bW Chi, Mil. ana st. PAUL..
200 Chicago and Northwest.
Cleva Gin, Chi. and st. L
100 Colorado Fuel aid Iron.
1850 Colorado and Southern. !.
100 Col. and South. lst pfd..
Col. and South. I'd pfd. !.
2,4W Consolidated Gas .........
Delaware and Hudson...
l,250 Den. and Rio Gran, com.
Den. and RIO Gran, pfd.
Distillers Sec. Cor.....
LOO Erie
900 Erie, LIST pfd.
Fed. Min. and Sm., pfd..
200 Genera Electric
800 Great Northern, pfd.....
500 Great Northern Ore Gifts.
100 Illinois Central .........
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

New York. January s.-Money on
call nominate: time loans easy: sixty
and NINETY days. A per cent: six
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

Number OF shares sold to-day, $780,
175: last year, 637,ss4. Par value OF
bonds to-day, s1.701,oO0; a year ago
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

II protest vigorously.
age governors believe
ne ny discipline these firms
minWill take action tend
ne I, entire Exchange.
the week was the
stocks in all markets.
~ Gt. Louis; Peoples Gas.
nanasllington City Gas,
/ ha,and Consolidated have
!. 4 or held firm In the
iiregularity. Stock
llc1hly all OF these COM
iscots Increased dividends.
la stockholders look for
, account OF the Year
!, We're suspended. while
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
R1nnMoNp GR.AIN n1ARKEr.


Richmond. Va. January 5. 1910.
Jr1J ,ESALE QUOTATIONS ON FCHANGE
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09
CATTLE MARKETS.

RICHMOND LIVE STOCK MARKET.
(Sales at Union Stock YardA) &
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-01-09

n, y t s.a N. !. ] h
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1910-07-21
POSTPONE RATE INCREASE
Government Wins Another Point
Against Railroad

Washington, July 21.-For the sec
ond time in the last six weeks the
railroads at the Administration re-
quest, agreed yesterday to postpone
the sweeping increases in freight
rates proposed In schedules filed sew
eral months ago with the Interstate
Commerce Commission. Though
rates west of the Mississippi are not
yet taken up, $4,000 tariffs are com
prised in the agreement reached,
This voluntary postpOnement is until
Nov. /, and as the commission may
then, at its discretion, compel suspen-
sion for the full statutory limit of ten
months, it means a clear gain to the
commission of three and half
months in which to make its inyesti-
cations.
The rates involved in the voluntary
postpOnement are those covering
what is known as the official classfl-
cation territory The commission
will now start an investigation, and
II 1t Is not concluded by nov. 1, and
if the roads refuse further voluntary
delay the commission will order a
compulsory suspension under the
terms OF the new Railroad act.
The agreement entered into by the
commission with the railroads is con-
sidered another victory for President
Taft in his fight for advanced railroad
legislation aud better service. The
treaty" he made with the railroads
near the end OF the session OF Con
gress. securing the postponement Of
increases in rates until the new law
could apply to them, was hailed all
over the country as striking in
stance of what the quiet Taft methods
could do in behalf OF the Roosevelt
policies. These latest developments
carry that victery a step further and
so the Republicans believe. supply the
party with further ammunition for
use In the coming campaign.