Richmond Palladium (Daily), Volume 35, Number 250, 17 July 1910 — Page 3

THE RICHMOND PALLADIUM AND BUN-TELEGCAU, SUNDAY,

JULY 17, 1910. PAGE thkise

A BUSINESS REVIEW OF THE PAST WEEK BY HENRY CLEWS

New York, July W. are now entering what is usually the dull season In the stock market owing to the vacation period, and a disposition to wait more definite prospects concerning the growing crops. The situation of the latter Is more favorable than has been generally represented. Warm weather and beneficial rains during the past week have materially benefited both wheat and corn. The shrinkage In spring wheat estimated at about 00,000,000 bushels, was, of course, an unpleasant factor. Thanks to the larger acreage of winter wheat and generally fslr condition this loss may be partly recovered. Something of vastly more importance is the prospect for corn, which Is very encouraging, the outlook being for a

record breaking crop of 3.2000.000,000

show that many of these institutions have been able to strengthen their reserves compared with the previous report of March 29. The Improvement in bank reserves, however, has been chiefly In the east and central west Many of the southern and southwestern Institutions still show decline in reserve strength. In these sections no doubt further liquidations will be in order; but the pressure imposed by lnetrior bankers, unwelcome as it may have been, will inevitably result in strengthening - the credit situation. There Is still more or less apprehension of a money squeeze In certain sections of the interior, though the increased working power of money arising' from- lower prices and dull trade will undoubtedly tend to mitigate any undue stringency. The New

bushels or over. Since the money value York banks are now in a better posi-

of the corn croo Is between two orition to afford assistance to tne inter

three that of wheat, the Importance of! lor, and our ability to secure further

a big yield of corn can be easily understood. Last year our forn crop of 2.27200,000 bushels was valued at $l.H.Vt,ori0.0OO. Our wheat crop of 737,000,000 bushels was valued at 7.KV0,W while our cotton crop of a little more than 10.000,000 bales was valued at $65,000,000; an unusually high figure. It will thus bo seen that corn is worth more than the other two crops combined, and twice as much as either of them. A big corn crop therefore, such as Is now promised, affords a most Important basis of encouragement. It should cheapen meat products and give the railroads a

large freight traffic. Dut the crop has still several weeks to run, and is always exposed to danger from early front. Morrover, August Is usually a month of deterioration for the majority of crops. So that while damage reports have been, exaggerated, there is no reason for Indulging In any undue optimism. Some disappointment will be felt at our failure to raise other large cops, because the country really needed a big surplus, not only to facilitate lower prices at home, but also to afford the desired stimulus to ex- . rfts. During the coming year we may ship comparatively little wheat to Europe... but a liberal Increase can be anticipated In exports of cotton. The wheat crop outlook has Improved duo ot recent rains. Our crop yields are now pretty sure to reach In value between ?.000 .000.000 and $!).0X.000,000,. If so, continued prosperity for the coming year will be assured, and in the event of no foreign complications the country will be safe and the good dividend paying stocks will advance from the present low level. The .money situation Is really better than at one time anticipated, although we are approaching a period when firmer rates must be expected owing to crop requirements. The policy of retrenchment adopted by many of the banks, especially In the Interior ta having a beneficial effect. Reports of national banks for the last quarter

people has been at least temporarily Impaired. A period of rest is needed for recuperation. A good many failures have taken place during the past six months, and more are to be anticipated. Lower prices for commodities, however, and time for recuperation will gradually work, out & better and sounder situation. . Labor is still generally well employed and securing good wages; so that there should be no serious abatement in the consumption of necessities. Luxuries only should suffer. Should' the crops turn out satisfactorily, and should the country escape any unfavorable political developments, we may look for a resumption of trade activities next fall and winter. Disappointment, however in either of these respects would inevitably affect trade injuriously; hence a period of caution and waiting Is necessary, until the possible outcome of these elements can be fairly estimated.

A DOUBTING THOMAS.

assistance from abroaod is also unquestionable. Gold imports have commenced earlier than expected, and the

prospects are for a considerable in

flux of the precious meetal during the coming autumn. Money abroad Is easy, and with the declining tendency of American imports and the practical assured revival of exports, our ability to draw gold from London will rest upon natural rather than artificial causes. In the first six months of 1910 the London market took about $1S0. C00.00O of our new securities, which looks as if Europe had more confidence than we ourselves. Altogether the financial situation Is distinctly more satisfactory than three months ago. Some temporary uneasiness. . was shown at the suspension of freight advances until after the elections by order of the Interstate commission. This action, however, was not surprising In view of the fact that several of

the commissioners are on their vacations and that the question is too big to permit of hasty action. It will probably require several months of lnves-

ABDITIQHAL SOCIETY

Had His Falling Hair Stopped, and

Dandruff Cured, Without Faith.

H. B. Fletcher. Butte, Mont, Oct 20,

1899, says: "Like many other people, I have been troubled for years with dandruff, and within the last few

months my hair came out so badly

that I was compelled to have what

had left clipped very close. A friend recommended Newbro's Herpicide. I confess that I doubted his story; but I gave Herpicide a trial; now my hair is as thick as ever, and entirely free from dandruff." "Destroy the cause, you remove the effect." Herpicide is a delightful hair dressing for regular use. Sold by leading druggists. Send 10c, in stamps for sample to The Herpicide Co., Detroit, Mich. One dollar bottles guaranteed. A. G. Luken & Co., special agents.

LEFT THIS MORNING. Mr. and Mrs. J. O. Barber with. Mr. and Mrs. H. F. Pardieck and children Miss Gertrude and Miss Mary, left this morning for Milwaukee. Mr. Barber and Mr. Pardieck will attend a convention of the national association of the agents of the Northwestern Insurance company. . , Jl S J WILL VISIT HERE. Mrs. Jean Wilkie and daughter Miss Marguerite of New York, who have been visiting Mrs. Rolla De Weede in Dayton, Ohio, are expected in the city this week to visit Mrs. Omar Hollingsworth and Mrs. James Carr. J . J AN ENJOYABLE DANCE. The dance given last evening at the

Country club was a most enjoyable

affair. A large number of the mem

bers with invited guests were in attendance. Dances are being given

fortnightly this season at the club. J J Jt DINNER AT CLUB.

Last evening Mrs. Charles Shiveley was hostess for a dinner party at the

Country club. This was the first of a

series of social affairs to be given by

Mrs. Shiveley.

J Jt

CLUB NOTES

The entire history of this effort to raise the Maine is discreditable. Congress has been lackadaisical to a degree nothing short of the scandalous, and Its original appropriation of $100,000 for the purpose was not made any less intolerable by the additional appropriation of $200,000, especially when it was made known to

congress that S500.000 would not. ac

tuation before any fair decision canfcording to the Dest engineering judg-

bc attained, and it Is altogether pre-j

mature to assume that such action will be unfavorable to the railroads. That the commissioners have made concessions to the railroads in the matter of commutation rates Is proof that they are not animated by any spirit of unfairness or antagonism; yet they may not he proof against political influence which will certainly be brought to bear. The general business situation is not satisfactory. Reactionary tendencies multiply, and the liquidation which has taken place on the stock exchange Is now extending to the commodity markets. Economy is becoming the order of the day, having been rendered imperative by the extravagance which has permeated all classes of consumers for some years past. What with automobiles and other Inordinate indulgences the buying power of many

ment, defray the cost of the project. Army and Navy Register.

The ten combined locks at Lockport N. Y., the marvel of the world fifty years ago, will be dismantled this coming winter to be replaced by the most modern hydraulic lift locks ever constructetd, the plans for which estimate the cost at $1,500,000. These locks have been viewed by every eminent engineer in the country. Thousands of tons of masonry and blocks of stone twenty feet square will be removed.

CARD OF THANKS. We wish to extend our heartfelt thanks to our many friends for their kindness during the sickness and death of our little son, Charles, and also for the beautiful flowers. Mr. and Mrs. Lee Brown.

FEDERATION TO MEET. The City Federation of Women's clubs will meet Thursday afternoon at two thirty o'clock at the home of Mrs. M. F. Johnston, preceeding the federation meeting a session of the board will be held at two o'clock. It Is requested that all members attend as

matters of importance will be considered at this time. TO GIVE CONCERT. A children's concert will be given soon under the auspices of the East End Aid society of the First Christian

church. No doubt the affair will be

most enjoyable. Further plans for the

affair will be consumated at the meeting of the society to be held Tuesday

afternoon at the home of Mrs. J. N. Hodgin, in North Seventeenth street All members are asked to be present, Jl Jt Jl PARTY AT CLUB. A card party will be given Thurs

day afternoon at three o'clock at the

Country club. Members are invited to

attend. tS

Music

SPECIAL MUSIC. This morning at the First Presbyterian churcii the choir will render spee ial music. The public is cordially in-

vited to attend. Rev. I. M. Hughes will be in charge of the service. JK J J AT CHRISTIAN CHURCH. The choir of the First Christian

church under the direction ot Mr.

Robert Wilson wil furnish the music this morning at the , First Christian church. Mrs. Wilson will preside at

the organ. There will be no evening service.

J J J WILL BE ORGANIST. Mrs. Blanche Sands Stowell, of

Chicago will act as organist at the Reid Memorial church while Miss Constance Fosler is in New York. All are invited to attend the, service.

Jt J J . MUSIC SCARCE. Music notes are just a little scarce

this month as so many musicians and

persons who give musicals are out of

the city.

-Jt jl -jt

CONCERT HALL. From Vienna comes the news that a big concert hall is to be built In that city. It is to be a magnificent building and will cost over a million dollars. The city, through the Ministry of Education will bear half the expense and the Saengerverein the other half. j j J TO TEACH IN BROOKVILLE.

Prof. J. Reese, supervisor of music

la the Cambridge City schools will al

so teach music next year in the

BrookviHe schools.

Jl Jt J SANG RECENTLY. Mr. Leroy Lacey sang several beau

tiful solos at the entertainment given

Thursday evening at Beallview park

by the Maennerchor society.

jt jt jt INDIANA CONVENTION. The thirty-third convention of the Indiana Music Teachers association, which was held in Princeton, Ind., June 28. 29 and 30 and July 1, was, in many respects, one of the most successful meetings ever held. The first business session to be held on Tuesday was deferred until Wednesday. The concert for. Tuesday evening was given by Princeton talent During the convention Mr. Edward Taylor, of Indianapolis who Is well known here read a paper on "Choir Organization," which brought out the best and most productive discussloa this subject has ever reecived at any convention, jt jt jl SPECIAL MUSIC. Liza Lehmann, the composer of "In a Persian Garden,' has Just written

some special music for the new play, "Clementina," which will be produced next fall, and in which H. B. Irving, son of the late Sir Henry Irving, will be seen in the character of the hero. Madame Lehmann returns to America in early October for a three months' tour through to the Pacific coast. She will bring her own quartet from London. Musical Courier. VISITORS AT LONDON. Among the visitors to London this past month have been Mr. and Mrs. Louis Bachner (Mrs. Bachner, better known as Tina Lerner.) Mr. and Mrs. Bachner are to settle in Berlin, where Mr. Bachner will engage in teaching. Mrs. Bachner will return to London eatly. in the fall, and will be heard In concert with the London Symphony

orchestra, under Dr. Richter. Musical Courier.

j j jS OF INTEREST. Fears are expressed in Germany

that when the copyright expires on Wagner's operas, three years hence,

there will be such a flood of performances by mediocre singers that a reaction will set in. It Is Just as well

not to worry. The reaction will be

against the poor performances, not

the good ones or . against Wagner's works themselves. New York Even

ing Post

At Local Theaters

.HOT.. ' Weather Is a sure sign that your horse needs a cool feed. UBIKA Is the on. highest' in' protein and lowest in Fiber and Heat ot any feed on the market Richmond Feed Stcre 11-13 N. tfc , . Plume I ttM

Abundant Comedy. Lola Milton Co. presents this week

at the Murray the laughing .musical

comedy flash' "That Girl." Miss Milton's comedy work is something out

of the ordinary and is a guaranteed cure for the blues. Wagner and Gray will appear in the farce comedy sketch "Domestic Trouble" containing plenty

of laugh provoking incidents.' Charlie

Hasty, the Hoosier Boy, will be wel

corned with especial interest because he Is known here, having been the

principal comedian with the Volunteer Organist Co. His interpretation

of a "Rube", is acknowledged by all as the only real true-to-nature rural

character In vaudeville. Tom Linton and his Cannibal Maids . present a scenic, singing and dancing tropical odity which always makes a hit. An "Up-to-date Missionary" is introduced in this novel act This is a scenic production that will be enjoyable because of the varied features offered. The motion pictures, "The Eternal Triangle" is another feature of the bill arranged for this week. It is evident that a fine bill is in store tor the patrons of the Murray and in spite of warm weather those desirous of witnessing approved vaudeville are enjoying the acts presented and will be present this week.

We will build your new machines or repair anything in ' the machine line that we can get In our door that dont bite of kick. Ward Machine Co., 200 NORTH 9TH ST.

New Murray Theatre

APPROVED VAUDEVILLE WEEK OF JULY 18TH Scenic. Singing and Dancing Tropical 4 Oddity TOM LINTON and His CANNIBAL MAIDS Matinee, any day, 10c Night performancea, 7:45 and 9. Prices 10, 18. and 20c Log . 25c

HOW'S YOUR ICE WATER? Have you heard of our new meth- 4t od of Coil In Refrigerator. The water is not exposed to air and

is ready at all times. MEERHOFF, the Plumber Hot and Cold Water Specialists Phone 1236. 9 South 9th St

...REXALL

A. B. C. Seltzer This Is a fine seltzer for headache, and we can give you better value in this preparation than any similar make. Full one ounce bottle 10 cents. Four ounce bottle 25 cents. Only at Adams Drug Store 6th and Main. "The Rexall Store"

For the next 90 days, we will make a specialty of short time loans, on furniture, pianos, . livestock, etc., in amounts ranging from $10 to $100 on from three to . six months time. , Weekly monthly or any kind of payments to suit the borrower. We will absolutely guarantee a much lower rate than that charged by any similar concern in the city. Inquiry will prove that we can and will save you money. .. , Confidential. ' IndianaLoanCo. 40 Colonial Bldg City. 'Phon. 1341.

PALLADIUM WANT ADS PAY,

9.

IMJIEIL

mm.

'MOMS'

U'

o

Theoe are of the fancy Ellberta grade, not a food peach among the Iota,, Everyone a perfect yellow free otone peach of very high flavor and good oBne the flneot the South hao ever produced direct from theno, Venae, Gummervllle, (So., and Ghattanooga, Tenn. BUY YOUR IP HAG WES MOW F)1$ OAMMHM& IPU131PGEG Don't wait expecting to buy Northern peaches later on, as the Michigan peaches are practically all Ulllod, tho crop being an absolute failure. IPmCS WOLIL EE VERY REASOIZIABILLT Those peaches will be on sale this week, starting Monday morning, and must be sold this weeh, go vslll bo selling thorn at a sacrifice.

And If he doesn't have them, ask us, and we will tell you one that has.

FmiLlElLIo) ' &

WtB-VQ Ft. Mfayne Ave.

IPhocne U2Q

IP G.GVJr. (Brocer, remember theoe peaches mimot be cold thffc tjggCi9 qg U am handling them for the grower. . . -

;-. -.-fir ?f.:,-

i 1 - A.