davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07

dcncy toward the close. This was not
surprising, as some reaction was con-
sidered reasonable after several days
OF depression 1t was the natural as
sumption that shorts would desire to
cover over the holidays. fearing pos
sible damage during the interval. Buy
ing was stimulated partly by encour-
aging cables and reports OF heavy OK
port buying Of new winter wheat to
arrive here or for shipment via Gulf
ports 1t seems that freight room was
taken during the week for about l. 000.-
600 bushels. or course, much of this
Will not go out until late this month
or in August. The buoyancy In Euro
pean markets was caused partly by
prospective light worlds exports and
the expectation of II largo decrease in
the quantity on passage. Tho strength
abroad was also owing partly to un-
favorable weather and crop prospects
i'll France. The resumption of hoStili-
ties among countries in Southeastern
Europe also stimulated the demand
During the late trading longs began
10 take In profits. and part of the adj
vance was lost. Harvesting returns
are satisfactory, as Il rule. and conse-
quently primary receipts will prob
ably show material enlargement next
week.
Unsettled Corn Prices.
There was striking unsettlemcnt in
owing TO the numerous conflicting crop
reports Early in the week there was
slightly weaker tendency. as holders
were inclined to realize. owing to
somewhat better weather. moderate
rains having been beneficial More
over. receipts at primary points were
fairly heavy. and n still larger move
ment was predicted. as farmers arc OK
pected to make large deliveries as soon
as wheat harvesting has been com
pleted. Subsequently, thore was
stronger tendency. which was attrib-
utcd to more pessmistic crop reports
In some quarters the rainfall has been
inadequate. and hence 1t is believed
that the crop will deteriorate, unless
copious rains soon arrive.
IrreSulnrity In Onts.
Oats have been Irregular, but Eener-
ally strong, rs shorts were nervous,
chiefly owing TO the receipt of further
crop damage reports. 1t Is claimed
that the recent rainfall came too late
to he of any great benefit. Therefore.
estimates rs to the probable crop have
been reduced. 1t Is the consensus of
opinion that the total will not be far
from ?0O00o000 bushels, or approxi-
mately 50o,0OO.000 bushels less than
last year; but it should be remembered
at this juncture that the last crop was
greatly ovcrcstimatcd
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07

| to be added as a rider to the tariff
! bill providing for II prohibitivo tax on
all transactions in cotton for future
delivery. unloSs actual cotton is not
rendered by the seller and taken up by
the buyer OF such contracts Tho
tax is ut the rate of onc-tcnth of /
cent per pound. AS each bale is sup
posed to contain 500 pounds. and the
| minimum amount of cotton traded in on
contracts for future delivery calls for
| 100 bales. each contract Is therefore
equivalent to $4,000 pounds OF cotton.
On that basis the tax would be at
tho rate of 90 cents per bale or the
equivalent OF $50 per each contract Of
100 bales AS the omission charge
fixed by tho rules of the New York and
New Orleans Cotton Exchanges for
buying and selling for nonmembers Is
s1b for tho round turn the total charge
for commissions and the tax, In case
the bill becomes law. would be S65
on every contract of 100 bales.
Such a charge would he so prohibit
tive II would put an end to any fur
Their deliveries. Therefore. the effect
would be TO practically close up both
the New Orleans and tho New York Cot
ton Exchanges Cotton mill agents and
spot dealers and factors in tho South
who have been using the New York and
New Orleans Cotton Exchanges in maxi
ing hedging transactions against their
actual dealings in spot cotton pending
shipments and consumption OF the cot
ton ever since the system was inaugu-
rated in 1878. would be prevented from
doing business by such legislation as
much as the Spectator would be under
the legal provisions of the bill
The result would be to cause COM
plcte dislocation OF the cotton busi-
ness and demoraliZe market conditions
to such an extent that instead Of prov
ing benefit TO the grower of cotton.
1t would develop Il ruinous situation
The business would he diverted entire
~ to the Liverpool market. tho only
other one In the world at present where
such trading Is conducted. AS tho for
eign spinners consume nearly 20 per
cent OF tho cotton produced In this
country, their complete control OF the
worlds spot markets through the Liv-
erpool Exchange would enable them to
dictate prices for cotton to such an eX-
tent from the time the marketing Of the
crop begins, the American producer
would really be at his mercy That
was the experience OF the German
AErarian party some years ago sue
ceeded In passing similar antioption
trading laws in all grain In the German
empire. When such demoralzcd con-
ditions developed the German govern
mcnt quickly had the law repealed.
The question which is exciting the
cotton trade is. whether the American
cotton trade and the American farm
er Will have TO go through a similar
state of decentralization before the poll
ticians at Washington realize what
would happen in this country If the
continuance of the present scientific
and modern method of merchandising
our great crops were forbidden by the
passage OF such radical LEGISLATION.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
ny pRoADAN WALL.

New York, July 6.-Wall Street en-
ters this week apprehensive lest the
trouble in the Balkans result in the
fresh liquidation of American securi-
ties by Europeans and the renewed
boarding of gold abroad. American
markets suffered badly in October and
March, when they were called upon to
absorb many millions OF securities
taken from the strong boxes of forei:n
Investors
owing to the lack of demand for Sc
,uriiics and the unwillingness OF spec
ulators or investors to make commit
ments exception on sharp breaks many
bankers believe fresh liquidation by
Europe probably would result in a de-
cline 10 the low level recently estnb-
lished
The stock market is in a strong tech
meal position, warranting a rally but
the fear or renewed liquidation by Eu-
rope VIII encourage the bear element
TO maintain its position and stand by
It's commitments.
quite a few bankers can be found
VINO maintain that liquidation of real
estate must coIs., before any substan-
VA! Improvement an. The market for Sc
curitieS can be expected. with the in =
creased interest being paid on mort
cages, higher taxes and lower rents
ica! estate interests who have been
pyramidimg for the last ten years are
having their troubles. Liquidation OF
real estate has already occurred in
some sections OF the city. ana prop
erty in some Instances has deprecated
- per cent
The outlook for ,re railroads con
tinues gloomy Eastern roads have re-
fused 10 accedc TO The demands of IN.
trainmen and conductors. calling for
IAN annual Increase in operating cx-
penses OF about s27,00c 600. ana the
employees have threatened 10 strike
early this week. 1t is generally he
he decided hy arbitration Jus, as In
III" cases OF the engineers and flremou
IS a hankor aptlN pvt II. ,ihe mi
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
NEW CROP CONDITIONS
EAG ERLY WATCHED

New Orleans July 6. The coming
week in the cotton market probably
Will he given W more tnau any pre-
ceding week this season to consider
alton Of new crop conditions There
WI! ~ no bureau reports To attract at
tention away from The fields ana there
are Signs that less interest viii d..
show hy me trade in general ia INC
summer months Under tho circutn-
stances Tho weather Of the week ou,lt
70 be the main influence. \ fair nnount
both % rain ana sunshine arc the con
dluons most desired. Too heavy rains
VIII start huilish gossip couccrnir.ls
Sappy growth OF plants shedding and
BOZ weeVil damage. while too little
rain viii tend 70 renew the drought
talk IN those sections Of the belt where
the rainfall has teen none too hcayv
First bales Of new crop cotton frOh-
ably viii be heard 81 Il several points
10 the earliest counties az Texas this
week. but IT is probable that they VIII
nave little heagish effect on prices, for
4 is generally understood that buvcrs
are as eager for new crop cotton TO
appear as growers are to put IL on the
market.
Unless a more favorable turn takes
Mace in IL the trade VIII watch tho
European political situation closely.
Tor il has more OF a bearing upon the
money situation than any other factor.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
ENORMOUS RECEIPTS
All PRIMARY MARKETS

fact that the yield in the Southwest
has been large.
Men in the trade with houses dis
tributed over the Southwest. as we'll
as those with branches in the North :
west, while slow TO predict that prices
are to sell much lower. are not eager
TO take on any great amount OF wheat
around the present price level AS
Of the year and after the most un-
favorable crop reports ina ginable. IL
is not unusual TO receive messages
from many sections Of the winter
wheat belt telling Of the unexpected
liberal yields OF good grain. Mes
sagcs OF this description are now
coming forward from many sections
In Kansas. we'll as Illinois, Ohio
and Missouri, showing that the rains
which visited those States not long
ago made a great change for the bet
ter i'll the wheat crop.
Argentine is slowing up on the ship
ments of corn. The corn. however. is
in that country. and it will come out
IN larger quantities with available
tonnage. and any Improvement in the
demand in importing countries. Thresh
ing returns on oats are likely To show
that the claims for Il short crop have
not been without foundation There
is Il big opening in the oats Chica 20
market, and fluctuations in values are
likely to continue. The cash trade and
the receipts viii govern the prices.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
NEWS OF ASHLAND

Especial to The Times Dispatch
Ashland Va july, 6-The committee
fer with the electric light company has
submitted proposition for the plac-
ing of about eighty electric lights in
the streets of Ashland. AS soon as
President Whitncr. Of the company,
returns TO Richmond the details will
be taken UP and considered 1t is
hardly probable that this report will
be ready to submit 10 the Council at
rs meeting on July IL. 1t is probable,
that current will be available both day
and night. as Il direct wire will be
run from Richmond 10 Ashland, where
is done the plant now in use will be
shut down. as IL is only used at present
for distribution of lights. the current
Richmond
The body of Lem Burley. colored
who was drowned in the Pamunl!cy
after an untring search by parties of
men both white and colorcd. He was
a, resr,e Se man He kept butcher
and children on a small farm near
c. Keith Carlin, of Alexandria. spent
the week end here with friends.
Miss Annie Hcrndon is the guest Of
''! MrT Il Tn "Man naa cGHny
Elizabeth, of Amherst. are guests Of
Miss Laura Elncoc.
Mn r ana "G Ms Mrs <.n Msu ydrba 55 OaYs
4
returned from Atlantic City. where
| they spent July 4.
Mr.. and Mrs. Jordan Leake. who
have been visiting Mrs. Clara Grundy.
are now with Miss Pattie G. Leake
DR.. and Mrs. :. G.. Hatcher. Misses
! Hatcher and Paul Hatcher left Friday
Tor Phoenix, where they will spend
/ some time.
! Mr. and Mrs. George r. Hutchinps
Of Richmond are guests OF Mr.. and
Mrs G. G. Bridges
c. x. pendlcton, w. p. Shelton. r
b Trevillian. Sandy Brown Walter
Sydnor. y. y. Thompson and other
veterans. who attended the reunion at
Gettysburg. have returned. and are
| highly gratihed over the kindness and
attention they received. and arc kept
busy telling their friends the inter
| esting experiences they had.
| Mr. and Mrs Douglas Vaughan and
children are visiting Mrs. IT. A.
| Elicit.
Rev. F.. a Lilly and Miss Margaret
LILY leave Tuesday for New York. and
on Saturday will sail for Brazil, where
| they go 20 teach In one of the Meth
odist colleges
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
NEW SUPERINTENDENT
HAS NOTABLE CAREER

Charlottesville, Va. July 6.-Howard
Morgan McManaway. the young gradu-
ate OF The University of Virginia. who
has been elected superintendent of
schools Of Albcmarlc County. to sue
coed Joseph w. Everett. is n native Of
Wilson, y. G.. He attended Central
College. Fayctte Mo: Richmond College
and the University OF Virginia. He
was the organizer and principal Of the
high school at Toano. and in tho sum
uer of 1911 was head OF the depart
m"IIt OF education in the Seaside SUM
mcr Normal. held at Newport News
For the past two years he has been
an Instructor in history at the UniYcr-
sity Summer School. His work as
chairman of the social service group
of the university Y. NJ. c. 4. has Mt
tractcd favorable notice This body
has been engaged in a scientific study
OF the negro problem in the South. and
through it's efforts large body Of
facts on the subject has been amasscd
MIR. McMana way on the strength Of his
activities in this field. was granted the
Phelps stokes fellowship in economies
for the session 1oio-l3
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
WEAKER TENDENCIES
IN MARKET FOR WHEAT
Fine Weather in Winter Territory Facilitates Har
vesting- Moderate Rainfall in Northwest Is
Benefical-NeW Grain Is Hard and Dry.

New York. July 6.-Unsettlemcnt
and narrowness were features in do
mestic wheat markets early In the
week. Much of the time there was n
decided scarcity OF potent influences.
and fluctuations were somewhat Cir
cumscribed. Nevertheless there was ri
times n weaker tendency This caused
no surprise, being considered season
able. as ordinarily bearish sentiment
predominates at this time. With fine
weather in winter wheat territory,
harvesting has made excellent prog
ress. and advices from reliable sources
suggest that the yiold is somewhat
larger than expected. with the quality
good, rs rule.
New Wheat.
Most OF the samples of new wheat
exhibited show the grain to be hard
and dry. the high temperature and pro-
tracted drouth having made the grain
exceedingly dry for SO early In the
season Consequently. II will he fit to
use almost At once. Indeed. samples
Of new -four have also been shown,
which show excellent color. dryncss
and strength. Therefore. II is expected
TO sell promptly. rs there is a decided
scarcity OF old winter wheat -four, and
especially the soft descriptions.
In view OF the facts described, ii is
the natural assumption that farmers
will soon make heavy deliveries to
country stations. and there will prob
ably he a material increase in the re-
ceipts at primary points Indeed. the
movement has already shown enlarge
nent, which has resulted in fairly free
hedge" selling, which partly accounts
for the weak undertone. Selling was
also prompted partly by reports of
somewhat brighter prospects in the
Northwest moderate rainfall having
been beneficial
Heavy Primary Receipts.
Receipts at primary points during
June were heavy. aggregnting 15.64-.-
600 bushels or approximately 5000. 900
bushels more than in juno last year.
Nevertheless, available stocks have di-
mnished which show a large distri-
hutton into consumptive channels. both
domestic and foreign. Cable advices
have been somewhat oolorless ~ n
rule, the changes in European mar
kets being rather inconscQuential. al
though the worlds shipments were de-
cidedly light. and there was huge
decrease In the quantity on passage
Nevertheless the demand for foreign
wheat in European markets has been
less animated which is by no means
surprising. in view Of the fact that
home grown wheat Will soon become
available.
There was a slightly stronger ten
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
CARRIERS
END CONVENTION
Officers Are Elected and Roanoke
Chosen for Next
Meeting.
Especial to The Times-Dispatch. ]

stanton. Va. July 6.-The tenth an
nual convention OF the Virginia Rural
Letter Carriers Association. which be-
gan in stanton on the night Of July
3. continued through the Fourth, and
adjourned yesterday afternoon, electinp
Il. >. Moore. of SAKE. president; c. f.
CoHman, of Mauretown, vice president ;
{. g. Connor. of Lexington, secretary
and treasurer and II. c. Old. of Lynn
haven. and j. S. Click, of Bridgewater,
delegates to the national convention.
and selecting Roanoke as the place OF
meeting for next year.
Addresses and lectures on the sub
Ject OF the work Of the carriers were
heard. and the carriers devoted them
selves assduously to studying condi-
tions and requirements OF the service
and means for improving it. Retiring
President q. +. Murray delivered the
annual address. and other speakers
were Il. /" Conner. w. +. Ellis q; ".
Sampson. j.. V. Shumake. H. c.. Bona.
l.. B. Myers and w. L. Hammerslcv.
The delegates were VI Welcomed by Mavor
Wayt and by Il. H. Irvine and II. S.
ireche Of The local carriers The at
dance was large.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
MODERATE TRADING
IN COTTON MARKETS
Small Business Due to Conflicting Crop News and
Unsettlement- Governments Figures
and What Is Ahead

New York. July 6.-There was only
moderate volume Of trading in cotton
contracts the past week. The conflict
ing private crop reports and the re-
cent slack spot demand. especially from
English and Continental spinncrs. to-
gcthcr with the bad Impressions create ed
by the news from Washington Of fur
Their hostile Legislation against the
COTTON exchanges. were effective In re-
strictinS further business. says the New
York Evening Post The government
estimate was announced at IL O'Clock
Thursday. and all the advance Of 2b
points on the old crop months and 90
TO 22 points on the rest of tho list
which had been established from Wed
resday's lowest quotations, WAS lost
soon after Its publication. In this
slump August went back again to 11.87,
while October declined to 11.34. Decem
Ter ll.32. January lips. and March to
ll.37 The condition of SIS per cent
Is to June %. and compares with 1911
iast month. S0.4 last year. and SOB the
average for the past ten years
Since the report was compiled almost
perfect weather conditions throughout
the cotton belt have caused further
Improvement. The increase of 21-2
per cent in acreage over last year S
revised figures OF 34.766.000 brings the
area now under cultivation up to 35.-
$4,000. which is within 1000, 600 acres
OF the previous record of 1911 produc-
ing the unprecedented crop of over
l6.120.O00 bales of that season.
The GOVERNMENTS Report.
Inc percentage of Increase in the
acreage planted in cotton this season
on the governments figures. added to
It's estimated condition of the plants
compared with last year, means that
the present situation and outlook of the
Ia CT
year, when over 100000 bales were
produced. That was the second larg-
est crop In history, coming next to
the record crop OF 16.l2o.O00 bales
raised In 1s11-12.
With favorable growing weather dur
Ing July and August. when the great
bulk of the crop Is made. the prospects
could be easily increased to 10000 600
bales On the other hand. however,
good weather on the average during
that period Is essential to assure
crop Of over 100000. In view OF the
heavy mill stocks the world over and
the large surplus visible supplies which
are likely to be carried over from the
past seasons crop into the new crop
year. the world does not require a crop
In excess OF 100000 If the weather
in the cotton belt continues as favor
able for tho rapid growth and dcvel-
opment of the plants during the next
three weeks az ii has the past fort
night the next government crop re-
port. due on August 3. as of July %.
VIII SHOW such a good conditions com
pared with previous big crop years, as
TO Indicate n crop in that event IN
wards of 100000 bales.
Tx on Futures.
The cotton trade has been stirred by
the action of the Senate Finance Com.
ulttee reporting faVorably on the b,ll
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
WOMEN DENOUNCE
NAUGHTY DANCES
Appeal Made to Public to Keep
Them Away From
Staunton.
Especial to The Times-Dispatch.1

Staunton. Va, July Quite n storm
has broken about the heads of some of
the younger social set over the new
dances which some have INDUCED In.
number of mothers. among the lead
ing women OF the city. met on July 4
Mrs Alexander +. Robertson. daught err
of the late Alexander II. II. Stuart. and
Mrs Il. NJ. Morris. have issued n
powerful appeal to the public to put n
stop to this sort of dancing. At the
meeting, mothers the Civic League and
the schools OF the city were repre-
scented. In the address 1t is said
This dcterininatio ton on the part of
stanton mothers is not peculiar to this
place. There is a widespread condem-
nation throughout our land against the
immoral tendency OF the times as eX-
pressed in the dances and in the dress
of our women, and IT is "A subject that
vitality concerns not only our social
life. but the standing and reputation
of our entire community. for commune
ties as we'll as individuals have char
actcrS to maintain"
They conclude by saying:
And now these dances, begun we
know not how or wish to know how or
v here. are being introduced into Vir-
into this old law -abiding. self-respect-
ing, conservative place, which has
always stood for the best in education
and in citizenship.
we would enter our protest against
all amuscmcnts which lower the re-
tnement OF our women and the morality
OF our boys. and we Staunton mothers
earnestly appeal to the fathers and
brothers and all in authority to come
to our aid. to protect the foolishncss
and ignorance of youth. and the repu-
tation of our community"
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07

Hpooinl @ Tho Tunes Diapatchl
Alexandria. Va. July 6.-Thc July
,"i ~ oi ~" United states Court for the
Eastern District of virginia. I,IdDo ~"
mund Waddill presiding. viii convene
tomorrow morning There viii ho
BON grand and petit jurics at this term
q number Of cases from Richmond. Nor.
'olk and oth"r cities viii bee pros,nt.d
TO the jury for it's consideration
An unusually large number Of cnse
are slated TO be considered by The pe,i,
!1urE' among thom being the case Of
. ", nam. alias Minnie smith.
charged with violating tho nroyi.,a,,,
OF the white slave law.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
TiInes-Dispatch Bureau.
s Bollingbrook Street,
(Phone 1850.
Petersburg, Va, July 6.

Petersburg, Va, July 6.
Charles Wilkins. colored. was shot
and probably fatally injured this even
ing at the home Of Alex Dunn. on Cross
street. by Dunn. The shooting was
caused by n dispute about 10 cents.
wilkins and Dunn and three other ne
groes were playing craps in the second
story Of Dunn's house. and wilkins
claimed that he made his point and
that Dunn owed him 8 cents. After
some discussion. Wilkins left the room.
returning In few minutes to demand
his money from Dunn. Dunn unlock
ed his wardrobe and got his pistol, but
was persuaded by the other negroes
not to do any shooting. Finally Dunn
dropped 80 cents on the floor. and
Wilkins picked il up. giving back -
cents. wilkins had hardly straight
ened up when Dunn drew his pistol and
fired. The bullet struck wilkins in the
left breast. about an inch above the
heart. wilkins was taken to the near
est physician. where his wound was
dressed. Dunn, pocketing his pistol.
made good his escape.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
Rev. james L. Cook in New cn,rsr

Special TO Tho Times Dispatch
charlottesville. Va, Lulv Rev
James Il Cook, for seven wears posinr
OF INC Fulton Avenue presbvtorion
hufch, Baltimore has assumed chatrc
81 'he hesWicif group OF Churches in
t,n's county consisting Of South plains
''nr' ana l$arhoursville churches
ii' rs not stranger to the ncld huv.
ing preached In ,ue Kcswlck ana a.
louisville Churches when s,ud,n,
twenty ycars ago. iie had only Two
Iasioi.t" before going TO Baltimore
HoEe Memorial Church. Richmond. and
clifton Forge
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-07
Hear Application To-Day,

Alexandria. Va. July 6.--Applicat ton
for the appointment of receiver for
the News Publishing Company, Inc.
publishers of the Alexandria Daily
News, All afternoon daily newspaper,
will be heard tomorrow morning in
the Corporation Court for this city,
Judge l.. c. Barley. presiding.