The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-03-01
TO stop soon
IF It STARTS
AND FiNANCIERs NAY NOT EVEN
PERMIT coat STRIKE To
BEGIN.
MIDNIGHT THE HOUR
IN EVENT STRIkE DOES START 1T
Will BIZ QUICKLY. SrorrEp
THE PREDICTION
MIDNIGHT THE HOUR
BY THOMAS C. sAoTWELL.

sxccp;icn of a brief period OF hcavi-
ness eSry today the sto'S market WAS
r1rga throughout the session. Earn
inss reported for January Ivy the
rai,rosds werc better than had been
expected Constant assurances came
rem London TO the leading bankers
that tbs coal strike could hc sloppca
quickly. y, indeed. II VAS permitted
SO begin.
IN this connection there was much
l,4iSinforualion ahp8t. The news
agencies kept reporting from hour 10
hour Errst numbers of miners ont on
STRIKE As "a matter az fact, with the
exception If those who have been ont
fer severed days, M men went out
TO-DAY The hour set for Tho strike
MAS midnight OF February .9th. The
r4esl reported uat wor" simply those
who were finishing their work for
the DAY. and IS BIO are of AZ tn" same
time every day. These could not he
considered strikers until the hour ar
rived fear fcsuminE WORK they then
refusing ff+ work, AS reported IN this
column tor tn last two weeks plans
were made for preventing strike at
+7Ttstt-f>
ouif business in Wall Street today
with the firm conviction. that tumor-
Mould ind ILe- I1Gn---1L + work
Should the dFrang, nient fail a speedy
settlement ifust liz e1neclG1- ALA hnA-
Tot TIE affair is too gigantic and too
much like a rev olution TO be permitted
10 continue.
Copper metal options were Influenced
iy the British labor situation to such
m extent that there Was n decline re-
parted 81 IL cent pound. tut ito
sales were reported at the low figures.
The copper market is So strong that
fsfA ts~fy, f-f4D ik,s n . a
ciese TO present quotations.
Corn Advances.
The advance in corn attracted most
attention. The May option went To
- ceuts In Chicago, as compared
wt,h a. IS q year ago, for Same OPP
tion.
were reported showed the effect OF the
great blizzard in the Northwest. The
Southern Pacific gross increased SIS
esa. Union Pacific a gross decrease
Of s52s17S. The roads showed net
.lccrea SEES Of S32i GAG and $19l. o43, re-
spectively Canadian Pacific which
had "A gross increase OF sl,6sS.5Ib for
The month came through with net In
crease OF only s+26,14o Eastern roads
showed up well because OF the heavy
cuai traffic made necessary by the colo
weather and the fear of labor trou-
Lies,
Compete For Traffic,
Perhaps the most important pies
Of news OF the day from loca
standpoint was the discovery that tht
New York Central ts planning to com
neta with the marlborough Metro
poittan for local traffic as soon as tn
Grand Central station Is finished. EN
ira stations VIII be put in all the way
np town from Forty-second street u
White Plains and n flat fare OF iiN'
Gents Will be charged. With train
running on five minute head"a.
tens of thousands working In the ter
ritory near the terminal Will elect Il
b. rushed home on the Central tracks
This vii! relieve the congestion ol
the subway materially,
Sears ocbuck Rises.
Sears II oebuck attracted attention
with d rise to new high figure. TIL
business Of the company IL said t.
to growing rapidly. No wonder witt
the vast amount Of free adyertisini
IL receives through having its stool
quoted on the leading stock eN
changes The general public has no
Yet walked up to the fact that tn
Incorporation and listing Of man,
concerns that are really private busi
ress firms is the work of clever al
Sertising.
' II pnf19tHu o1t " il4lt Ahii'
preparations may have been delavc'
ia some sections the planting season
al points in the Mississippi Vale
does not really begin Tor six weeks
and that there is ample time FOR
large planting and early maturity %
The crop II Is not believed iarR
reduction in acreage Will take plac
III any section, except perhaps In
Garolinas and Georgia.
Liverpool futures closed quiet "a
from . - to 5 points net loss for tn
day Manchester cabled yarns que
sind steaasz-4it,tA-- fIti!4,-SPat -estte'
in Liverpool declined today to a.ssd
for rniddliugs, with sales or t,oe'
bales
-. fFhe .weath ~ ,f.ap sss4ia.3ss; yFaas; s3aoE,
favorable, with higher temperatures
and no rain of Importance recorded
Forecasts for tomorrow include some
unsettled weather and lower tenn
peratUres.
Today's port receipts were estimated
al about $4,000 bales, compared viii
Ass las, year. Exports of cottoi
to foreign countries from September
lst now total 1852. 900 bales, com
pared with G,24d bales for the cor
responding period last year.
.Nurniter ri shares sold tndaI, sSd5e-
coo. year age, $3.50
Par value OF bonds sold today, So
476.oo0. q year ago. s3.oos, 0Ve.
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