davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
SOUTHERN AGRICULTURE
STILL ONWARD AND UPWARD


NJ. ". Richards, OF the Industrial De-
partment or the Southern Railway, in
an interesting article in the Manufac-
turers' Record. on Southern agriculture.
among other things says:
In many respects 1t is fortunate for
the South that its development was
halted for many years. Its large areas
OF unutilized lands. Its wonderful UNI
occupied opportunities place 1t in a
position to not only corrcctlv solve for
itself the problem or proper rural and
urban development, but to develop in a
way that Will help the whole country
In solving its problems of food supply,
OF undue concentration of people in the
cities, and OF the many questions which
only proper proportion between tho
various interests will settle.
The South has made commcndab Bile
progress in it's agriculture. Fortunate
~ for II there has remained larger
rural population. comparatively. than
IN the Northern States, while its aEErc
gate productivencss has increased in
greater proportion than in most parts
of the North. For steady and well-dis-
trihuted prosperity ii is unfortunate
that it has remained too largely a one
crop region.
The value of all agricultural products
in the South in 1900 was 81, 564 .O59, 900,
and in 1910. s2.i32.7 1000. an Increase
of $56S,655.00 This was over 81 per
cent rate of increase which certainly
indicates a growing prcEperity on the
farms. The increase was in part due to
advancing prices of agricultural prod
ucts. but more largely to the additional
acres cultivated, the growing impor-
lance OF the trucking districts and
larger yields per acre. The estimate
for the 1914 crops made by the Manu-
facturers' Record is S2,2S9, 542.o 600. or
Sl51 100000 more than in the last CEN
sus year. In 1912 and 1913 the value OF
the crops was much greater than that
for the crops of 1914. the decrease be-
ing due to the great decrease in cotton
prices.
Much of the South is given up to the
large plantation. The large plantation
can prosper under a one-crop system.
out the small farmer can not. That
system will always mean occasional
years of business depression in the
South, Of injury to all classes Of the
crops not merely to make a more gen.
eral farm prosperity but to grow our
own foodstuffs and feedstuffs, to pre-
serve our soils and to utilize all our
lands.
The last ten years has witnessed the
greatest advance in agriculture the
South has ever known. We have
learned more about our agricultural
needs, the possibilities of our soils. and
large numbers of our farmers have
learned to make better crops. Prac-
teal farm education. in the work OF
our agricultural colleges. high schools,
experiment stations and farm demon
stration work are revolutionizins
Southern agriculture. Sec what they
have done merely in a crop production
way. The average acre yield OF cotton
has been increased in almost every
State, as has that of corn. oats, hay and
of almost all other crops.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
POLITICAL SITUATION
HINDRANCE TO BUYING
Old World Paying Less Attention to
Wheat Thnn nj Any Time Since
WHr Sfnrted.

CHICAGO, May 15-Importing coun-
tries of the Old World are giving less
attention to the wheat market as buy
ers than at any time snicc the start of
the war The old crop situation is aft
fected by the question of freights.
coupled with the unknown amount of
wheat already purchased by the various
governments and the fact that Western
receipts. which were expected to drop
to much smaller proportions, are still
greatly in excess of the cores pondinE
time a year ago. There are many UNI
certa mites surrounding the new wheat
promise and the old crop supplies. Be
sides the claims of deterioration in the
new crop of the Southwest. the politi-
cal situation is Il hindrance to foreign
buying.
The one sustaining power in wheat
to-day was the sale o. ! 90, 600 bushels
of No red winter, 20 go TO Montreal
by the Armour Grain Company. In
addition to this. 1900 bushels were
taken here by domestic interests. y lot
Of 10000 bushels sold here to go to
store. The trade on the whole was al
most wholly led. lower to Id. higher
and firmer tone for the Manitoba
wheat was the result Of an improved
demand on milling account.
The corn and oats markets showed
no change of moment to-day Corn
IA to 33-Sc: The. cash situation was
still slow with sales of corn at Chi
caGo amounting to 10000 bushels. and
sales of oats to $4,000 bushels. These
transactions were all on domestic ac-
count.
Hog products closed fractionally bet
ter to-day. although the offerings were
developed. The best prices were not
fully held.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
SOME HUGE CONTRACTS
The Waterways OF Eastern North Caro-
linn BeinE Improved on Very
I,nrYN SCnlc.

MOREHEAD CITY. y. G.. MAY i5--D
IL. Taylor 4: Co. of Medina. y. Y have
established construction Offices hero.
preparatory to proceeding with their
Government contract for the break
water at Cape Lookout y granite
quarry is being developed at Ncvcrson,
and dock will be- built in this CITY to
transfer stone from the railroad cars
to scows. The firm expects to begin
placing stone by June /. its contract
including brcakwater and shore con-
nection to the extent of the authorized
funds. S1,200.000. The breakwater will
be 1000 feet long, deposited In water
up TO forty-two feet deep: specifications
estimate 1.222.Io0 tons of stone for the
hrcakwater and $500 tons for shore
connection. The contract has been an
proved ut about $1,000 for dredging in
waterway Pamlico Sounds to Beaufort
Inlet, in the harbor at Beaufort and
in waterway connecting Core Sounds
and Beaufort harbor; also widening
cmbankment along south side of tho
Norfolk Southern Railroad a this place
The Harris Granite Quarry Company,
Salisbury, y. c., is developing the
quarry at Nevcrson and has Govern
mcnt contract to furnish thirty car
loads of stone daily for four years 1t
has purchased sixty acres for quarry
and plant, ordered ten large derricks
and is building dwellings for 100 work
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16

NEW YORK: May l5.-The statement OF
the actual condition of clearing house banks
and trust companies shows that they hold
Si'5 .ii.'3p reserve in Of legal re-
aulrementS. This Is increase of si0si7,-
$50 over last week. The statement follows:
-, Losns. etc. szie.,ss5 600: decrease. ,,s.-
Reserve in own vaults. 1927 422.oco. OF which
35S,Isi.No Is specie; increase. S.sf. 900.
Reserve in Federal reserve bank. !ilT esq.,
coo: decrease, S.s!sopo
Reserve In other repositories. s3I.ss2, o0o ;
increase, A.lcs,o 600.
Net demand deposits. s2,S3s 10000: decrease.
Ne, time deposits. s!ss,5s:.ooo; increase.
Circulation. '3793s.r1o; increase. $4,000.
Aggregate reserve. .coo.
Si1 SD
Summary Of state banks and trust COM
parics in Greater %ew York. not included
IN clearing house statement:
Loans. etc Si76.iTl.i1o; increase. H.si7.coo.
specie. Sis.c-:.510; Increase. 1901 80.
Legal tenders, g. ,os.onc; increase SIS. SO.
Total deposits. STos.Gss5co; increase. So
Banks cash reserve in vaults. siiois.soo.
Trust companies cash reserve in vault.
Ni 5i m
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
NEW ENTERPRISES START
IN THE SOUTHERN STATES
Industries Planned md Put In Opera
ton In the NirEinIns md
the Cnrolinns.

BALTIMORE. May l5.--Among tho
Southern Industrial and developmcntal
enterprises reported in this weeks is
sue OF tn Manufactures Record arc
the following.
North Carolina Electrical power
Company. AsheviIle. y. c., will build
auxiliary steam-driven electric plant
on French Broad River to cost about
Sl5o.oOo; structure to be of brick. steel
and concrete, 120x75 feet. 30 feet high:
will install generating equipment this
year for 1000 horse power: ultimate
capacity to be S.ooo-horsc power
Wallin Coal Corporation. Pulaski
Va. was Incorporated with capital
stock of 100000 to develop coal mires
, etc.
bcckley smokeless Coal Company,
Raleigh. w. Va. was Incorporated with
capital stock of 100000 to develop
coal mines, etc.
William H. IIil!ycr. Atlanta. Ga, and
others plan organization of company
with capital exceeding $1,000. 900 to
Carolina and OTHER Southern states:
contemplate having about forty plants.
Wolf Creek Lumber Company. Hunt
ington. w. Va. vas incorporated with
100000 10 operate lumber plant
Interstate Milling Company. Char
mill
Mound City Coal Company. Pitts
burg. Pa, was incorporated with $780,
600 capital stock: purchased Mound
| Coal Company's Mound City, w Va
mine and 900 acres coal land adjoining:
conteuplates improvements. increasing
daily capacity from 500 to 900 tons
IVY White Ash Coal Company
| l-Nnchburg. Va. was incorporated with
, Sl5o.0eo capital stock.
Atlantic Coast Lumber Corporation
Georgetown. :. G., will build machine
shop at Charleston. S. c., to cost $780,
900 to $4,000.
Shawinigan Electro Products Com
pany, Baltimore, Md. was organized
with s250.00o capital stock; will build
plant to manufacture calcium carbide
and ferro silicon; annual capacity TO-
900 to 10000 tons.
The Texas Company. Houston, Tex,
voted to increase capital stock from
S3o.o00.0oc to S3I,000.000 for additional
investments in pipe lines manufactur-
Ing capacity, transportation and dis
trlbuting facilities. of which increase
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
CATTLE RAISING IN LEE;
ASSOCIATION ORGANIZED
Hustling Denomination Agents Gets
the People In Line-Lee County
for Great Cattle.

JONESBORO. VA. May 15.-In a re-
cent issue of The mes-Dispatch, the
statement was made that the county
farm demonstration agents of Virginia
are doing great work in the promo
tion of the live stock industry through
out the State. This Is undoubtedly true
and IT is also true. although The Times
Dispatch may not know 1t, that no
agent in the State Is doing more in
this direction than w. II. Burruss. the
agent and farm demonstration for Lee
County.
Recently Mr. Burruss has organized
the cattle raisers Of this county into
an association for the breeding of bet
ter beef cattle. He was assisted in this
work by Professor J.. r. Hutchinson, of
the Virginia Polytechnic Institute, a
gentleman who is giving all of his
time to the study that is expected to
brng forth great Improvement in the
live stock in old Virginia.
These gentlemen spent considera BILE
time visiting the stockmen and cattle
growers oil Lee County. and discussed
TO the fullest extent the advantages
OF the association proposed to be or
gantzed. 1t did not take long to get
the people interested, for in less than
week a meeting was held at Pcnning-
ton Gap, and before II was over the
association was formed, officers elected
and good work commenced
The name of the organization is the
Lee County Hereford Breeders Asso-
ciation," and its object is to make Lee
Hereford" county as 1t was At
present there are some twenty MEM
bers, who own about 200 Hereford cat
tie. Some of the best blood in the
county is represented in these herds,
and two of the association members
have bulls al the head of their herds
that cost about $500 each, as calves.
All the members have determined TO feed
better. to give their cattle more at
tention and to make Lee County noted
as a high-class Hereford county. In
a short time people who want the best
pure bred and grade Herefords can
come to Lee and get what they want
1t is the purpose of the association
TO hold an annual sale to dispose of
the surplus breeding stock. and the or
Eanization will doubtless mean great
deal to the cattle raisers of Lee and
the whole Southwest.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16

NEW YORK, May l5.-Considera bic
h"sitancy in trading developed in pri-
mary cotton goods markets due TO po-
itical uncertainties and TO the decline
in cotton. Mill agents and manufac-
turers are Offering very few goods
and are content TO await Developments
while filling the contracts in hand. Sec
ondary and retail markets have mani
tested but little hating. and the move
nent of merchandise is steady and
larger than year ago. Fine bleachcd
cottons are we'll sold Managers of
finishing companies and colorcd goods
mills are again expressing grave anN
ing about the dyestuffs outlook. The
export trade in cotton duck continues
large. Wash goods and white goods
continue active. and fine cloths are be-
ing ordered in fancy wcaves for the
new spring season. \ stable business
has been done in iO-inch shcetings and
Osnaburgs for bagging purposes TO re-
place burlaps. Ginghams are being Of
fered the manufacturing trades for next
spring. The demand for hosiery and
underwear for immediate use is bet
ter and fall specifications are coming
in more freely. Prices in several In
stances arc nominal, quotations being
as follows: Print cloths. 2S-inch.
s+X6+s 3 Ia: 64X6Os, 3 is: IS l-c.
6iN6is, ii: Brown sheetings, south
crn standards, 12: denims. 10: tick
inES. S-ouncc, II 10: prints, ): staple
Singhams, Lie; dress ginGhams.
l-3c.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
Art Of Accommodating Money.

Almost every individual makes
money. We are all money makers.
Some people make money much faster
than others. One reason why we are
not rich Is that though we make money
we do not accumulate II.
Money accumulated and invested In
creases nj marvellous speed. II you do
not realize this fact you would learn
it If you should mortgage your farm
and then he continually surprised at
the frequency OF the payments Of semi
annual interest on your mortgage.
The Individual who Is saving some
thing every day every month and every
year is getting rich. This individual
Is accommodating wealth probably in the
same manner in which the lake is ac-
cumulating health giving water. Not
one person in 10000 appreciates the inn
portance of small savings or realizes
what money saved in youth will amount
to in old age at compound interest.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
California Sets the Pace.

The jitneys are beginning 20 feel the
strong arm of the law in many parts
of the country and particularly in Cali
fornia, where both State and municipal
laws regulating the jitneys arc in the
making. Incidentally il was California
where the titney fad first saw light.
The city OF San Francisco passed an
ordinance, which became effective May
/, regulating jtneys as common car
riers and requiring n bond of $4,000
each. in addition to an annual fec which
ranges from $40 TO $40, according 10
the capacity OF the car. The State
Senate OF California now has before
1t a bin to place tax of 81 per seat
on the jitneys.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
The Canal and Its Results.

CHARLESTON, s. c., May l5.-The
first big shipment of oats from the
Pacific coast, through the Panama
Canal was unloaded in this city last
week. 1t consisted of 1000 tons, and
is finding ready purchasers in the ter
ritory commercially tributary TO this
seaport. big consignment of -four
came In few days before on another
of the American Hawaiian line boats
This brings the Central West in d.
rect competition with the Pacific coast
farmers for trade of the Southeastern
States, showing that there is no part
of the country that is entirely exempt
from the competition created by the
Panama Canal
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
RADICAL IMPROVEMENT
seen IN STOCK MARKET
Speculative Sentiment Is Better, and
Prices Quickly Develop
Strength.
PEACE RUMoRs ARE RIFE
Wall Street Hears That There Is No
Danger Of Break I'm Diplomatic Re.
iations With Germany-Amicable
Settlement Looked For.
by BROtDtN Wall.

NEW YORK.. May lt.-spccuia,!vc senti-
ncnt Improved radically overnight. and
Yin The opening to-day prices quickly de-
sc'opcd strength which brought advances
OF from " 20 points In the leading issues
, within the nrst quarter hour. Thcre was
Sphe outside buying and some further pur :
nasns for Investment accounts. but the
Sho'ts were the oncs who surprised
80 tho sudden cessation OF the selling.
,aGu'dhtion was not In evidence Rccovcrics
N're pronounced In Mexican Petroleum. Ca
nhdian Pacific. Westinghouse and Steel
'onhdencc "aa further strengthened by a
iH'nor that assurances had been received
,t.At no rupturc In diplomatic relations Will
Ie permitted between Germany and the
.hlteu states. II was pointed out by In
sernationai bankers that tho only
source from which Germany could hop. to
ger food supplies. raise loans and finally
market hnr manufactured products when
peace II restored An amicabie settle 'nent IL
looked for. Prices. with few exceptions.
hehl near their best right n the close
One OF tn" accepted theories of market
nuctua lions calls for double bottom or
Hecoadary decline to about previous low
prices before the main upward movement
an be resumed. Fridays break carried
many quotations TO the low figures estab-
!Hhch on Monday. as may be noted from
the following table
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
RICHMOND STOCK MARKET.
COTTON MARIE Ts
BY Caskie G.. Burch & Co.
RlrhmonI Va MAJ Il

NtW NOKk. Nay ia sharp early ad-
vance in the cotton marker was followed
trading but the close was steady, and from
To y points net higher.
more optimistic view Of the political
situation seemed to be chiefly responsible
To- the hrmer lone OF the early market
Relatively steady cables and encoura ginc
reports from the dry goods trade also CON
tr!hured to the advance. However. fresh
buvinE was restricted by the favorable
'veathern news. and the dema nj
lapercd CT, prices turned easier under scat
tered realizing. After the heavy liquida
lion OF the past week. offerings were by
a little more cotton for sale at the clos =
and last prices showed reactions OF to
points from the best. Manchester cables
said there had been no Improvement in the
goods trade. but that better demand was
expected from China. as a result OF the set
Element With Japan.
closed
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
COMING INDUSTRIES
Alabama Concern to Locate in Newport
News-RumOrs That Other Plants
Are Soon to Follow.

NEWPORT NEWS, VA. May Ia
There seems to be no doubt now that
the Southern Mills Corporation. OF OK
ford, Ala, one Of the strongest manu-
featuring concerns in the South. will
locate cotton manufacturing plant in
this c.ty 1t is said that the Newport
News plant will be as large. IL not
larger. than the Oxford mills. which ha g
5000 ring spindles, lis braiders. 25
cards and other equipment. Other in
dustries OF more or less large pro-
portions are seeking sites In and about
this city.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16

NEW YORK, May l5.-Trading on the
curb market to-day was OF the usual
prices were slightly Improved over
those of the close of yesterday frac-
tional recoveries being scored Inter
est, however. was scattered through
out a narrow list o| issues and the
market was almost entirely devoid of
any special feature.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
NKy YORK PRODUCE MARKET.

NEW YORK. May l5.-Raw sugar. barely
steady; moasses sugar, liz; centrifugal,
40; refined, steady. Butter. steady. Cheese.
strong. Spot coffee. duiet Rio IS, 7,ac:
santos A. 10c.
70 day and in sympathy with lard, clos
Ing net unchanged to points advance. Tho
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
Road NtnterioI rrom Afar

NORFOLK. VA, May l5.--The plant
of the Norfolk Smelling Company, at
West Norfolk, which is working with
full force, is now smelling copper ore
brought from Cuba. Missouri, Illinois
and other States. The plant employs
three hundred men.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
RICHMOND HAY MARKET.
CHICAGO LIVE STOCK MARKET.

CNlCAGO. May Ia.-IioEs. weak; bulk
sI.I5T;.sa: light. s..60ds1.95; mixed. $500
s795: heavy. ,-s7:0Ms'5; rough sIsoaEis
sters. s6S0Tsa25: cows and hcifers. $500
sS7s: calves. s55oms9.?5. Sheep. steady
sheep E.7a6ss.S0; lambs. s'90Is10l5.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
CHICAGO GRAIN MARKET.

CHICAGO May i5.-Reports from govern
ment sources implying that Hessian fly
damage did not az Vet warrant the general
blowing UP OF injured fields. resulted to-
day In much selling pressure wheat The
effect. however. was partly overcome by
weekend evening trades. Closing prices
unchanged 1T lc decline to &c ad-
vance. compared with last night. Corn
gained &c 10 ',c net. oats finished nc of
and provisions wound up unchanged 20
iic higher.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
RICHMOND LIVE STOCK MARKET.

Richmond. Va. May Is, 1915.
Rest steers. ia to S; medium to good 81
10 IL; common to fair. 5ia to 6i5; best
heifers. to ~; medium TO good, 5,s to 81;
to "a: medium TO good. IL TO 81; common
TO fair. 90. To ~. hest oxen. So to So: COM
sheep. to I: medium to good. to s; com
mon to fair. to AZ: spring lambs. to Toe.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16

it is reported 100000 will be expcna.
cd in Texas.
Frank Z. Erwin. Harvin. S. C.. n,a,,
erection Of mill with daily capacity OF
80 barrels OF Hour.
Island Creek Superior Coal Compar~
Omar. w. Va, was Incorporated Win
$4,000 capital stock
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
MISCELLANEOUS MARKETS.
DRY GOODS.

NEW YORK. May l5.-Cotton goods mar
kets were steady and quiet to-day. Yarns
and household liners quiet but dress linens
active. Buraps steady. Knit goods In
better demand. Wool goods quiet.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
FINANCIAL
TASK MIR. BOWMAN

For information and rates to Califor-
mia Expositions before making ar
engagements elsewhere. He can proba
bly, save you money. Tickets by rail
water to all points. Phone Ran
dolph 1887. 61S z. Main ST.. Richmond
Va
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16

future ciosec steady Spot. s.?iqs Is: May
fej1G.2s: June. s,33dG.3?; July. d.Basi9; Au-
gust. S.e!GG.sc: September. G.T3Ns7i: October.
5.5s. Total sales. $50 barrels.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16

Poultry-Hen receipts light demand good !:
spring chicken receipts heavy. market I'M
settled. EEEs-Steady At quotations. But
ter Firm. Wool-Market in good shape
Country meats remain dull. Live stock
selling fair.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16
NAVAL STORES.

quiet. io,hG4i: sales. tic casks; receipts. I2i
casks; shipments. 81 casks; stocks. 22.e5G
casks. Rosin. quiet: sales 500 barrels; re-
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-16


No sales.
NEW YORK. Nav l5.-Port movement
NiGdling. asoc. Receipts. 80 bales: exports.
irse bales: stock. 23j..a2 bales.
Total to day at all ports-Net receipts IL :
aa5 bales; exports, is.osS bales; stock, 1888. :
90, bales.
To:el for wcek-Net receipts. 1885 bales
sxports. 1s.0s3 bales
Total for oeason--Net receipts. 10 $3.50
bales. exports. 7.5ioeei bales.
NEW ORLEANS. May ia better feel.
ing prevailed in the cotton market to-
day than yesterday. and prices at their
nest we're II to IL points over Yesterdays
close. Many traders believed the marke.
oversoid.
Moderate buying served to put prices up
tut late In The session the good weather
over the belt attracted attention, and values
fell of somewhat. The close at a net,
gain OF to points.
TeIegrams from New York and Washing
tor stating that unofficial opinion was tina /
Germany's reply to the Lusitania note
would he amicable were perhaps tho chief
influence OF the day The large mill taxi
inss for the week attracted favorable com
,nent hut led to little fresh long huving
as nearly all brokers advised caution on
IN. long side until the political situation
Vas more settled. Futures closed: MAJ,
SIS: July 9:l5; October. oi5: December. 962 ;
January. oSe. Spot cotton. quiet. unchanged
Mid Hing aG0c. Sales on the spot los
bales. to arrive, 10 bales.