Evening Star from Washington, District of Columbia on September 16, 1906 · Page 15
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Evening Star from Washington, District of Columbia · Page 15

Washington, District of Columbia
Issue Date:
Sunday, September 16, 1906
Page 15
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FINANCIAL. FINANCIAL. FINANCIAL. Under Ten Days' Option! $60,000.00 Common Stock of Jy na Pail tat To Washington Investors: In December, 1905, it was proposed to erect an amusement park near Washington, where attractions of the highest grade would be offered for the entertainment of the entire family. The proposition at once appealed favorably to some of the financiers in control of the Washington, Alexandria and Mount Vernon Railway Company, and some of those gentlemen, with other Pennsylvania capitalists, invested $175,000.00, which was actually paid into the treasury of the Washington Luna Park Company, jn cash, and an equal amount of common stock was issued by the company therefor, There were no bonds or preferred stack issued. No opportunity was given any Washington investor to participate in the venture, and, as near as can be learned, no one in Washington was solicited to subscribe or buy any of the company's stock. LUNA PARK was built, the people of Washington have seen it, they can see it today, they are rapidly becoming acquainted with the park, and they can, in a way, form their own ideas as to whether it is a profitable enterprise or not. 1 he Constructaoo Work in Luna Park Was done with a view to its permanency and it is as well constructed as any amusement park in the United States. (See letter below.) The same financial interests which reorganized and put the "Washington, Alexandria and Mount Vernon Railway Company on its feet watched the construction work, and saw to it that full value was given for the investment made. u he Management of Luna Park Is in the hands of Mr. George E. Gill, a man of recognized ability, experience and integrity. The Financial! Affairs Of the Washington Luna Park Company are controlled by Mr. John W. Pittock, its secretary and treasurer; and the large.majority of the Company's stock is now in the hands of Mr. Pittock and his Philadelphia associates, all of whom are connected with the Washington, Alexandria and Mount Vernon Railway Company. - . . During this year the Washington, Alexandria and Mount Vernon Railway Company invested $200,000.00 in additional transportation facilities to accommodate the public in reaching LUNA PARK (putting 011 eight new trains) and in enlarging the output of its powerhouse in order to furnish LUNA PARK with light and power. The Washington, Alexandria and Mount Vernon Railway Company furnishes LUNA PARK with electric current at cost, a fraction under one cent for one thousand kilowatts, under an agreement now in force ; and it leases the site of the park to the Washington Luna Park Company at a rental of $2,500.00 a year. Such lease has nine years to run, and the Washington Luna Park Company has option to renew the lease for ten years at same rate. ALL RISKS AND DANGERS OF CONSTRUCTION HAVE BEEN PASSED; THERE IS NOTHING PROSPECTIVE OR UNCERTAIN ABOUT THE VENTURE. The park is in full operation ; it has paid all expenses and made money, notwithstanding an unusually wet season; and the present manager has the ability to make it pay 40% to 60% next season. THE UNDERSIGNED HAS SECURED A TEN-DAY OPTION ON $60,000.00 OF THE CAPITAL STOCK OF THE WASHINGTON LUNA PARK COMPANY, and he believes that he can dispose of-it, at a reasonable profit, IN SMALL LOTS, for it is generally recognized that the day of the clean amusement park has come, that beer gardens and suburban resorts do not pay, but it is very profitable to operate a reputable amusement park where women and children are safe from insult and annoyance, and where all can find every kind of good, healthy, clean amusement, and to that end HE OFFERS TO SELL. AT ANY PRICE BID THEREFOR, PROVIDED NO BID IS FOR LESS THAN $120.00 PER SHARE (par value $100.00), 600 SHARES OF WASHINGTON LUNA PARK COMPANY'S STOCK, UPON SUCH TERMS AS MAY BE PROVIDED BY VIRGINIA SAFE DEPOSIT AND TRUST CORPORATION, ALEXANDRIA, VIRGINIA, GIVING THE PREFERENCE TO THE HIGHEST AND SMALLEST BIDDERS IN MAKING ALLOTMENTS. 'Hie Washington Luna Park Company is in the hands of entirely competent and trustworthy men, experienced in the amusement park business and in handling financial affairs; and there is no apparent reason why an investment in the stock of this company will not pay well. Any information desired can be secured by telephoning the undersigned at 5989)' Main, or calling upon him at Columbian Building, Washington, 8 A.M. to 10 P.M., September 17 or 18, 1906. Send bids and check to The Traders' National Bank of Washington, D. C., or Virginia Safe Deposit and Trust Corporation, Alexandria, Va. Washington, September 15, 1906. HOLMES JONES. THE INGERSOLL COMPANY, FREDERICK INGERSOLL, President. , ; Designers, Builders and Operators of Parks and Park Amusements. 307 Fourth Avenue. Pittsburg, Pa., September 14, 1906. Mr. Holmes Jones, New York. Dear Sir?In reply to your inquiry regarding the cost and character of the work done by this Company at Luna Park, Washington, we would state that the contract therefor was awarded to this company at the price of $175,000.00. Some slight changes and alterations were made in the plans, resulting in a slight allowance to the Washington Luna Park Company. s We have built parks at Pittsburg, Cleveland, Scranton and other cities, and are continually building amusement devices throughout this country, and nowhere is there a better built, safer or more substantial park than in Washington. Realizing that crowds must be expected, our engineers have always been extra-cautious in figuring the strain, both direct and lateral, in all construction work; and we point with pride to the fact that devices we have built have carried millions of people, and they carry over a hundred thousand passengers every day during the season, and we have never had a casualty. Yours very truly, FREDERICK INGERSOLL, President, FREDERICK H. TREAT, President. JOHN W. PITTOCK, Secretary and Treasurer. GEO. E. GILL, Manager. The Washington Luna Park Company. Mr. Holmes Jones,. New Willard Hotel, Washington, D. C. Washington, D. C., September 12,1906. Dear Sir?Lona Park has been in operation sixteen weeks, ending September 16, 1906, and during that time lias experienced 29 rainy days in August, besides many in June and July, nevertheless the income to the date mentioned has been very gratifying. The Treasurer's office is in Philadelphia, and we have no record of gross receipts or disbursements here. To aid you to arrive at a fair, yet conservative, estimate of the profits LUNA PARK will make during next season I would advise you that you will be safe in figuring current expenses at $3,500.00 a week (this week's expenses will be $3,300.00, approximately); and the income can safely be figured at $7,200.00 as the weekly average for a period of eighteen to twenty weeks a season. Yours truly, GEO. E. GILL. TERMS OF BIDS. All bids must be delivered or mailed to either of the undersigned, on or before September 19, 1906; the full name and address of the bidder must be given, the number of shares wanted, arid a certified check (or post office money order) for 10 per cent of the amount of the bid (except the bid is for three shares or less, in which event the whole amount of the bid must accompany same). All checks or money orders to be payable to Virginia Safe Deposit and Trust Corporation, Alexandria, Virginia, as Trustee; and deliveries of stock will be made at the office of such Trustee immediately after allotment, where full amount accompanies bid; and where only 10 per cent accompanies bid, balance is to be paid to the undersigned on five days' notice of allotment to be mailed the bidder, at his address, and delivery will then be made on date designated at the office of such Trustee. Washington, D. C., September 15, 1906. Virginia Safe Deposit and Trust Corporation, Alexandria, Va. The Traders National Batik, 110th St., Cor. Pa. Ave. N. W., ' Washington, D. C. leeerity to Stockholders. . Summarized: OWNED Absolutely, Improvements in Luna Park <.$175,000.00 CONTRACT for light, power, etc., at actual cost of manufacture, (about 1c. per 11,000 kilowatts), plant W., A. & Mt. V. Ry. Co. enlarged therefor at cost of over 200,000.00 VALUE OP LAND held under lease for next nineteen years, on 5 per cent basis ($2,500.00 a year) 55,000.00 Total! Investment Made for Luna Park $430,000.00 A3! profits from above investment, through operation of Luna Park, after limited payments for light and rent, must be divided so that stockholders, having $175,000.00 of stock, will have more than twice the return were profits pro= rated on the whole investment; and that is why Luna Park stock is worth over $150.00 per share today. Hake Any Inquiries You Wish. u Bids Must Be Submitted Wednesday, September 19, 1906. Financial News Letter BY w. a. STCHOtAS. NEW YORK. September 16.?The miracle workers are doing their level best to carry the stock market through the pending Period of money stringency without an enforced liquidation of either stocks or bonds. With the active aid of a willing Secretary of the Treasury supplies of funds are being temporarily reinforced by resort ,to an artificially stimulated gold Import movement. Artfully clothed explanations do not. however, disguise the fact that the money thus brought In Is borrowed and not In settlement of balances?borrowed to prolong speculation. In the desperate hope of landing the public with the hitherto undistributed contents of the vaults and strong boxes of the banks, trust companies and underwriting syndicates. The manipulated rise in the market has sufficed to mark up the price of tho goods, but It has not yet been considered safe to undertake the work of wholesale distribution, although several feelers In that direction have been engineered. On each occasion the unpleasant discovery has been made that whenever muscle support is wlthdra^p quotations melt away. This experience's discouraging. but the cliques are in the uncomfortable position of the man trying to hold a wild bu'u by the horns?he had to stick. To let go meant death or mutilation. As long as the foreign gold and syndicate credit hold out the combines may continue to draw on alien stores of the yellow metal to All the boles made by demands to finance a trying situation. That recourse exhausted, there will still remain the treasury of the United States. Secretary Shaw has shown that he dreads disturbances and panics, and will do anything within reason to avert them. He Is therefore relied on to come to the rescue with official action If worst comes to worst. With these agencies at command, and others, It is the hope of the syndicates and cliques and combinations that they may weather the storms of the coming*weeks and navigate Into safe harbor. The outlook Is squally, and if they win out it will be a triumph of skill, nerve and luck. The financial resources of the country are being taxed as they * rarely have befose to take care of the bulging, legitimate demands and finance the stock market and the speculative enterprises in every direction and quarter. The whole country Is in ? riot of speculation and plunging on money-mad schemes. By-concert of action among the strong banks of several cities building operations have been checked, but beyond that little headway Is making to stop the erase of rainbow chasing. The speculative situation is distinctively dangerous. * * When in doubt as to the Identity of the man behind the gun in any particularly big or mysterious Wall street campaign it Is the present habit to name Henry Clay Frlck as the guilty party. Mr. Frlck l? probably the heaviest Individual operator in the stock market, and his Interests are as diverse as they are extensive. He occupies the unique position of being on close and confidential terms with more big people than any man now on the stage of active affairs in the street, and he is consequently j directlv and personally cognisant with about all that Is going on worth knowing, i He Is at the elbow of every Wall street opportunity. and as he has a bad case of | "gamblelust" It Is easy to guess the result, j Mr. Frlck Is the acknowledged head of the United States Steel Corporation. His word Is law there. He outranks President Corey. Executive Chairman Gary and all the rest of them. He dominates the factions, and Is the only living man who can keep the huge I machine running smoothly. He combines the politician, the financier and the practical irou man. and all these on a broad and commanding scale sufficient to gain and hold the respect of the giant captains of finance and industry, many of them rivals and ill friends. Set J. Plerpont Morgan, H. H Rogers, Jacob H. Schiff and E.. H. Harriinan down in a room together, and the chances are they would tie at each other s throats in twenty minutes. Yet. with Mr. Frlck as the Intermediary, they can get alone pleasantly where their Interests run the same way. The qualities that have placed him In this position stamp him as a remarkable personality, and give him the right to perform on a titanic scale. m * * Wall street Is taking keenest Interest In : political developments, centering attention chiefly on the evolution of the Hearst movement. People of the financial district would give a good deal to know whether the demonstration is a flurry or a ground swell. Upon that vital point everybody Is at sea. and persons whose opinion is worth anything confess themselves utterly unable to i reach an intelligent conclusion In the premises Most men of affairs would like to dismiss the possibility of Hearst success as an absurdity^ but at this writing the case admits of no such disposition. Mr. Hearst's chances of being elected governor of New York are Infinitely better than his Initial chances of being elected mayor of New i York city last year, and everybody now fully believes he honestly received more votes than the man who holds the office. It is not clear how honest people are going to be hurt by Hearst's elevation to the executive chair at Albany or substantial interests Jeopardised, but none the less there Is a sense of uneasiness over the prospect of a great political change such as a Hearst victory or "near" victory would signify. The one bold, uncompromising threat held out in the Hearst movement Is an overhauling of the state banking and trust company laws, coupled with a certainty of a thorough Inquiry Into the relationship between the state fiscal Institutions and certain buccaneering, speculative combinations in Wall street Enough was brought to light during the Insurance Investigations to show unholy alliances of that sort, and It sends a chill down the spine to think of supplemental disclosures along the same or kindred lines. This Is one of the things likely to have a marked Influence should the campaign take on a complexion indicative of radical political revolution In local or national affairs. Politics are almost cer| tain to be a live factor between now and November?and against prices. * * * The Great Northern steel trust ore dealIllustrates beautifully the "creation of values.' The basis of the deal is a deposit of ore In northwestern Minnesota, supposed to ; contain 400,000.000 tons of iron. In an undisturbed state the iron Is practically valueless, and would remain so. Dug out of the ground and used by the steel trust. It turns a manufacturing profit and fur. nlshes tonnage to the railroads and steamship lines. The contract between Mr. Hill and the steel trust vitalises an Inert mass, and imparts to it a money value of more than $100,000,000. This value It Is proposed to capitalise and distribute among the shareholders of the Great Northern railroad. thus enabling the owners to realise on the "find"?to discount the future, as the phrase la. To produce 1100.000.000 from nothing beats making two blades of grass I grow where only one grew before. It is I modern magic, sure enough. ? * The hot tip was In general circulation for three weeks fhat the formal announcement of the Great Northern ore deal would instantaneously add 90 to 100 points to the market price of Great Northern. In view of the certainty of a sensational profit It struck those who acted on the tip as won\ drous strange that the market did not respond with a spectacular Jump and establish Itself around 440 on a single trade. A great speculator and railroad manager who was asked for an explanation said ha supposed the persons acquainted with railroad values felt that the current price might represent all the property Is worth plus all possible advantages likely to accrue from the ore and every other deal in sight. "For my part," he said, "I think 280 an exceedingly generous valuation to put on Great I Northern as a railroad proposition, and | that price discounts the future many years, to my way of thinking." Fresh from a 4,000-mile automobile tripthrough Europe, Mr. George Gould gives out a typewritten Interview, telling the I populace, what a splendid condition America Is In. The Hon. Jeff Levy always signalises his arrival In London by giving the foreign correspondents of American newspapers glowing interviews on Canadian Pacific developments. He aJso emits valuable New York news via his Montlcello farm In Virginia. It Is well to make note of the habits and peculiarities of our great i men. * * * I Reports that the sugar and tobacco trusts are putting up money for the Cuban insurgents, in order to hasten the day of annexI atlon meet only - ridicule in the financial district. What American capital in Cuba mat! Is tranquility and anurtiK* of peace. The last thing they would encourage la jail tie* 1 agitation. Matter* war* going along entirely to th* satisfaction of the foreign element in Cuba when the outbreak occurred. Now they are one and ail worried over the possibility of continued disturbance. Nine out of ten residents of Cuba and the United States are looking forward to ultimate annexation, or at least very Intimate commercial relations, but only fools and crazy people want to bring it about by violence. * * * Bears on Virginia-Carolina Chemical base their hopes for lower prices on the theory that the bumper cotton crop and consequent probable low quotations for the staple { will discourage planters from putting In a full acreage next year, and therefore cut into the sales of fertilirers.The declaration of a dividend on Vlrglna-Carollna by no means feazes the bears. They come back by saying that the move is In the furtherance of an "ln:?lder"plan to unload stock on an unsuspecting public, and suggest that before beginning the payment of dividends It mlglit be well to take up the floating debt. They recall that only a couple of years ago the company paid a commission of $1,000,(>00 for a loan of $4,000,000, bearing 6 per cent. HEARD ON 'CHANGE The feeling of hopefulness in regard to the future of tho market continues to characterize the talk of the brokers. In the way of a revival of business or return of the customary activity there has not been up to this time very much of an encouraging nature, In spite of the fact that the middle of the first fall month has been reached. Of course there are reasons why this should be so. but at the same time a little mor? briskness in the dally call, which comes wheu orders are prevalent, would be most decidedly welcome. There are reasons assigned for the lack of Interest Ir. the local market. The leading one. of course. Is t"he condition In the general market, where high rates have prevailed and money has been what Is called tight. Some Indications arc noted that a change for the better is not unlikely, and in that event It may be expected that something In the way of business will be going on in the local exchange before a great while. There Is another cause for the lack of interest or attention In the. market, and that is the absence from the city of a number of those who might, if they wished, contribute something to the general stirring up of things. The 1st of October Is fixed upon as sort of a line beyond which It may be said that the summer is over on the stock exchange and the fall season begins. It seems reasonable that both of these circumstances has'a good deal to do with the existing state of dullness. At least it is quite apparent that the intrinsic value of the securities have not fallen away and that there is no loss of confidence in them. Otherwise there would have been plenty of stock on the market for sale and the daily quotations would have shown, if not violentfluctuations, at least a steady downward I tendency. The firmness of the local market and the steadiness with which the prices have held in spite of the period of comparative inactivity. now extending over three months, is a striking evidence of the character of the period now closing. It also seems,to Justify the prediction that is heard of a better business in the near future. All that is now awaited Is the resumption of buying, and it is argued that that cannot be much longer deferred, whether one reasons from the point of view of general or of local conditions. DRY GOODS. NEW YORK, September 15.?Totafl lm- I ports of merchandise and "dry goods at the port of New York for the week ending today were valued at $12,179,008. Total Imports of specie at the port of New York for the week ending today Were $1?.-100 silver and *3,046.420 gold. Tdtal" exports of specie from the port of New York for the week ending today were $713,503 silver and $12,000 gold. Trade for the day In dry goods w^s steady. The buying for delivery from November Is showing an increase. The scarcity in bleached sheeting for Immediate delivery Is the greatest known in many years. LONDON 'CHANGE. < LONDON. September 15.?Transactions on the stock exchange this week again were on a small scale. The settlement interfered with business, and the American demand for gold also restrained would-be purchasers during the first few days of the week; the gold withdrawals to America depressed consols and the first classers considerably, but when the Bank of England's rate of discount was advanced and rumors were circulated that France would supply gold to America, prices picked . up rapidly, and although this rumor has since been denied, it appears that the Egyptian demand for gold probably will be satisfied from Paris, and British securities will benefit somewhat thereby. Consols recovered and closed a fraction higher for the week. Trading In the foreign section of the market . was uninteresting, except that American holders continued to sell Japanese 4bi per cents, but as a result of good buying in other quarters these securities recovered their early losses. Cuban bonds fluctuated moderately, according to the reports of the revolution. They closed about the same. Americans appeared less brilliant than of late. Secretary Shaw's action In not assisting the money market caused a depression early In the week and further liquidation by some big houses. Europeans, as well as Americans, induced caution here. The large gold shipments assisted Wall street to hoist prices again, but the rallies were only temporary.. The quotations on ballance were $2 dearer ^ $2 lower. Reading, which recently has be?f given much attention, closed four higher. Kaffirs failed to benefit from the enormous Transvaal gold production, and continued heavy. Copper shares received good attention, and advanced In price. After being easy In the early part of the week money became scarce, owing to the Joint stock banks calling In supplies. Discounts kept firm, and the general idea prevails that New York will require more gold, and that a further advance in the bank rate is possible. It is considered that a large Installment t>f the Pennsylvania loan, payable In London soon, may lead to further gold withdrawals. This adds to the uncertainty regarding the immediate course of the money market. MANCHESTER CLOTH. MANCHESTER, September 15.-The cloth market showed some Irregularity .last week, owing to concessions on the part of producers to conclude sales In large lines which they have been negotiating recently. The trade with India was quiet, and confined to light bleaching cloths. China did practically nothing. Mediterranean buyers took miscellaneous lots, but the* South American business was small. Finishing cloths were In good demand for home trade. In the yarn market the turnover was small. American cops realized full rates for quick delivery. Kansas City Cattle. KANSAS CITY, September 13.?CattleReceipts, 400. Including 150 southerns; market steady. Choice steady. Choice export and dressed beef steers, 6.00a6.40; fair to good, 4.00a5.50; western fed steers, 8.50a 6.28; stockers and feeders, 2.50a4.50; southern steers, 2.80a4.00; native cows, 1.75a3.80; native heifers. 2.90a5.00; bulls, 2.00a3.15; calves, 3.00afl.25. Receipts for the week, 04,900 head. Hog*?Receipts. 2.0OO head. Market steady. Top, 6.40; bulk of sales, 6.20a6.32Vi; heavy. 6.15a6.25; packers. 6.20a6.35. Pigs and lights, 6.20a6.40. Receipts for the week, 30.700 head. Sheep?Receipts. 1.300. Market steady. Lambs, 5.50a6.90; fed sheep and yearlings, 4.80a5.60; western yearlings. 5.25a5.85; western sheep. 4.50a5.30; stockers and feeders, 2.60a5.50. Receipts for the week, 30,200 4 No Circles. From the Baltimore American. "What do you think of the circular letter sent to th* life Insurance policy hold. ersT' "J think th* majority would prefer a square deal." VALLEY OF VIRGINIA LATE HAPPENINGS IN THE WINCHESTER SECTION. ; Shenandoah Section Paid to Be Fine for Fruit Growing?Opportunity for Farmer*. Special Correspondence of Tke Star. WINCHESTER. Va.. September 13, 1908. "The opinion of the beat-posted horticulturists tn this country and the developments of the past twenty years point to j the Shenandoah valley of Virginia as the finest frult-m-owlng section of the eastern . halt of the United States. If not In the en| tire country," So said former State 8enator S. L. Lupton of Winchester today while in conversation with The Star correspondent In reference to fruit topics. Mr. Lupton formerly occupied a prominent position in the (overnment service at Washington during the last democratic administration and later as one of the leading members t>f the Virginia senate as the representative from Frederick and Shenandoah counties. XTr. Lupton, who was since resigned a position as purchasing agent for the Panama canal commission, wilh former headquarters at New Orleans, is now the Washington representative of the United Fruit Company. He has been here tor the past two weeks on his vacation and has been looking after his extensive fruit Interests. Mr. Lupton Is one of the best-posted men in the United States on horticultural matters and frequently addresses national and state gatherings on subjects pertaining to fruit. His views, therefore, are pegarded as authoritative, and a recent Interview regarding prospects for this season was widely published. Continuing hl3 conversation with The Star correspondent, Mr. Lupton said: "Soli, climate and location all combine to make the Frederick cou.uy. v a., o.cuirds unusually productive and their products of the finest quality, while nearness to the best markets, such as Washington and other nearby commercial centers, ought to insure our fruit growers the best possible returns. Virginia apples are now known and appreciated In every market, and It only remains for the people here to take advantage of the reputation already mad? by our fruit to make continuously increasing profits In the future. Within the next decade Norfolk, Va., Is destined to become a great exporting center, and this ought to lower transportation rates to Europe and bring the growers of the Virginia valley Into touch with new markets. The south, too. Is beginning to learn that the Virginia apple Is superior to the western fruit, and southern buyers and consumers are inquiring for our Virginia-grown fruit. It will not be long before Virginia apples will be tn demand In New Orleans for ex- | port to South and Central American ports In exchange for bananas and pineapples. "When It Is remembered." continued Mr. I Lupton. "that It takes ten years for an | apple orchard to come Into bearing on a profitable scale. It Is little short of marvelous that our fruit development has practically all taken place within the past twenty years, and it Is clearly apparent that we have just begun. But now that the growers are becoming acquainted with the importance of the fruit-growing industry, and the apple In particular, and are adopting modern methods of cultivation and marketing, I confidently look forward i to higher prices tn the future than have ever been received In the past." Freight trainmen on the Baltimore and Ohio and the southern railroads tn the valley of Virginia have been very much exercised this week on account of the appearance of a stranger being Infected with leprosy, who made his appearance In Winchester on Thursday afternoon on a Baltimore and Ohio railroad freight train, south- i bound from Brunswick, Md., where he Is alleged to have been put off by some one said to have been In the employ of West Virginia authorities. The man tallied with the description given of George RaschId, the noted Syrian leper, who was In the Baltimore and Ohio railroad's care for many days in West Virginia. He had every appearance of being a Syrian, and ugly looking sores were on his bare arms and face and neck. His hair was long and curly, like Raschid's. When the train arrived In Winchester several patrolmen of the police force, who had been previously Informed, were at the railroad station to prevent the leper alighting at this point. He was In an open box car, and the only Information obtainable from him was that he was on his way to Richmond, Va. None of the policemen or railroaders went near the foreigner, and he had unmolested swayin the car. A commute representing the 128th New York regiment, which followed Sheridan during the valley campaign In the civil war, made a visit to the battlefield of Cedar creek this week and closed negotiations with J. W. Rhodes for the sale of a suitable piece of ground on which to erect a monument, which Is to be a memorial to Gen. Sheridan and the men under him who participated In the battle of Cedar creek. The site Is near the famous Shenandoah Valley pike, and the monument I will be erected on an eminence within a few yards of the nearest point reached by the clashing hosts of forty-odd years ago. It Is the Intention of the Sheridan veterans to have the monument unveiled with Imposing ceremonies, attended by many distinguished veterans, on October 19, 1907, the anniversary of the battle of Cedar creek. Telegrams were received here yesterday announcing the sudden death of Mrs. Marie Adah Savage, former wife of Ralph Savage of Winchester, which occurred late Thursday night at a hospital in Baltimore, where she had resided for the past few years with her parents, the late James W. and Mrs. Hattle Seabrlght. Mrs. Savage was tn her thirtieth year. 8he was married to Ralph Savage when eighteen years of age and a few years lata was divorced from him, but remarried In ^kltlmore and divorced again In 1905. Savage was a former prominent whisky distiller and retailer here and also at the head of the Cuba Rica Tobacco Company, which made an unsuccessful fight against the tobacco trust. It resulting In his becoming bankrupt, losing a large fortune, and with the second divorce case still unsettled the case found Its way to the Supreme Court of the United States, where It was dismissed, the final result being in favor of Mrs. Savage, who was awarded valuable Winchester property and the custody of her child. Eulalla Savage, 1 over whom a great deal of the case hinged. It Is understood that her death was caused principally by nervous troubles. Her remains are to be burled in Mount Hebron cemetery. Winchester, on Sunday. She was before her marriage one of the belles of this section and had a host of friends and admirers. While attempting to alight from, a long excursion train on the Cumberland Valley railroad, bound for Mont Alto, on Thursday. Chap Splawn, a colored youth employed by the M. J. Grove Lime Company of Stephens City, this county, fell from the train as it was nearlng the station at Chambersburg. Pa., and, being caught under the wheels, was literally ground to pieces. After a lengthy invesUgatlon by the railroad officials his Identity was established and his horribly mangled body was sent to h's home at Stephens City yesterday and burled. He was the principal support of his widowed mother and waa well thought of by many white people. The subject of better accommodat'ons for passenger and freight traffic came up at a special meeting of the Business Men's Association at Harrisonburg. Va., on Thursday night, and after many prominent merchants and other tradesmen of the city bad given their views and lodged complaints 8upt. J. E. Spurrier of the Shenandoah Valley division of the Baltimore and Ohio railroad offered to recommend the erection of a new station, if the demands were within reason, while Division Eupt. Lake of the Southern railway, which also enters Harrisonburg, promised better service. The accommodations at that point, which is almost identical to all the Important Junction stations In the Shenandoah valley, were s$en a few days ago by Judge Beverley Crump, chairman of the Virginia corporation commission, who was returning from a rest at Rawley Springs, and he compared them to barbarian methods and promised that the valley of Virginia must have better transportation facilities. The corporation commission la clothed with great powers. Rev. David Harris, for many years a prominent minister of the Baltimore conference. Methodist Episcopal Church. South, died on Wednesday at his home In Middletown, this county, after a brief Illness, due to a severe stroke of paralysis, aged seventy years. He was a native of Berkeley county, Va. (now West Virginia), and was married twice. Ills first wife *?? Miss Bern lor Danner of Mlddletown, and twmc years after her death ha married her stater, who was the widow of Moses Walton of Woodstock. Va. Rev. Mr. Harria leaves his widow, one son. Rev. Carlton IV HRrris. pastor of Emmanuel Methodist Episcopal Church. South, of Baltimore, and two daughters, Mrs. E. R. Sperry and Mis* Sadie Harria, both of Mlddletown. H'.s funeral took place yesterday afternoon ami waa largely attended. Although watched for the past few week* by relatives and friends to prevent hetescaping. Mrs. James Hall, the Insane wife of a well-to-do farmer of the Cedar creek vicinity, eluded her custodians on Wednesday night and was Just In the act of leaping Into the creek near her home when caught by her brother. Ridley Smith, who had Instituted a search for his sister. Mrs. HwW. whose mind haa been failing for several months, had frequently told her relatives that she would drown herself. She has been taken to the Western 8t*te Honpltal for the Insane at Staunton for treatment. Capt. George W. Kurtz of Winchester." president of the Virginia state board of embalmers, received word a few days ago that the National Mineral Directors' Association. in convention in Chicago, had decided to meet next year at Norfolk. Va., during the Jamestown exposition, the meeting to be held about the aame time as that ot the Virginia society at the same place. Rev. John D. T.aMothe, ass?wiate rector of the Church of the Epiphany of Washington with Dr. Randolph McKlm. last Sunday occupied the pulpit of St. Paul's Church at Osslning. N. Y.. of which his kinsman. Rev. Nelson P. Oane. formerly of Christ Church of Winchester, la rector. Rev. Mr. I.aMulhe is a native of the Isle of Man and is an attractive pulpit orator. II? was formerly stationed in Ixiudoun oountv. Va. There was much disorder during the session of the Shenandoah county republican convention at Woodstock. Va.. a few days ago. when delegates were selected to attend the congressional nominating convention In Luray today for the seventh Virginia district. During the session Postmaster John Davis of Woodstock and exCounty Clerk L. 8. Walker became engaged in a fierce list fight. but they were finally parted by mutual friends. The republicans of Shenandoah county have lieeu engaged In factional warfares for a number of years, and as a result there are many bitter enemies in the ranks. Postmaster Davis was accused of too much activity In politics by an aspirant for the same office, and also that lie was no more than "lukewarm" In Mr. Walker's campaign for re-election as county clerk. Init the Post Office Department at Washington had the matter Investigated and Mr. Davis waa reappointed postmaster at Woodstock, which Is regarded by his friends as an acquittal of the charges. NEWS OF BOCKVJXLE. Jockey Released on Bail?Sales Ratified?Personal Items. flpeelil correspondent of The Star. ROCKVII,I,E, Md.. September 13. 190fl. Robert Bolesen of New York, the Jockey who was arrested at the recent fair at this place on the charge of being an accomplice of a negvo who was arrested at the same time on the charge of pooket-plcktng. was this morning released from Jail upon furnishing bail In the sum of MOO. The wife of the accused deposited the cash with Mr H. Clinton Allnutt, who became the jockey's bondsman. The young man left town Immediately and It is not believed he will return for trial. It Is stated that Bolesen'a family Is an excellent one and that the young fellow has always heretofore borne a good reputation. A license to marry was Issued yesterday afternoon by the clerk of the circuit court here to Sylvester Clarence Cowell of Washington and Miss May Mendenhall Steele of Knox. Pa., and It Is understood the young folks were married here. Judge Henderson has ratified the sales of all property sold the past spring for taxes due the state and county, including fiftythree pieces. The delinquents, however, are allowed two years In which to redeem property thus sold. At the trial here today of Henson Glddings. colored, charged with conducting a gaming table, the testimony showed that four remarkable hands were held In the poker game that was the cause of Glddinga' arrest. It was testified to that one of the participants held four kings, one four aces, one nine-high straight flush and the winner of the pot a <rueen-hlgh strlght flush. One of the plyayers who went broke on his hand claimed that the cards were "stocked'' and swore out the warrant against Glddings. The other participants, however, deny that there was anything crooked The accused was required by Justice of the Peace Reading. before whom the case was tried, to furnish ball in the sum of for his appearance at the November court. State's Attorney Robert B. Peter has returned to Rockvllle from a sojourn at Atlantic City. Mrs. Peter and her son Robert are visiting friends In the mountains of western Pennsylvania. Miss Barry Abert has returned from the Plains, Va.. where she spent % week visiting the Misses Turner. Mr. and Mrs. Garner Boulc have returned from Atlantic City, where they spent about two weeks. Miss Kate Townsend of Philadelphia and Miss E. H. Lockwood of New Tork have been engaged as members of the faculty of National Park Seminary. Forest Glen, for the coming year. It Is understood the faculty this year will be an almost entirely new one. Mrs. C. A. McKlnney of Forest Glen Friday afternoon entertained a number of her friends at a delightful luncheon, the occaslon proving one of the most eujoyable functions of the summer In that neighborhood. Mrs. J. F. Faulkner of Boston Is visiting her sister. Mrs. Dr. J. W. Fewkes of Forest Glen. Jack Branajftn. son of Frank A. Branagan, disbursing officer for the Philippines, is a visitor at the house of Mr. and Mrs. Frank P. Clark, near Sltgo. It Is stated that young Branagan will enter Georgetown University wifen that Institution opens. Miss Kathleen Houghtaling of the SUgo neighborhood Is visiting friends In Washington. Miss Beulah White has returned to Rockvllle after spending about two weeks In the Poolesvllle neighborhood. Miss Margaret Moore of Berryvllle. Va.. has returned to her home after an extended visit to the Misses Brewer at this place. Mr. and Mrs. Robert Waters have returned to Washington after spending several months at Silver Spring. Mr. and Mrs. Cyrus Kelser. who have been fn different sections of Ohio for the past several months, will return to their home at Bethesda tomorrow. Dr. Goorge L. Edmonds and family of this place, are home again. i.rter visiting In Washington several days. AT COLONIAL BEACH. dpecUl Correspondence of The Star. COLONIAL BEACH. Va.. September 15. 190G. I^sst Sunday closed the excursion season at the Beach, the St. Johns maklnfc her last trip with one of the largest crowds of tho summer, bringing over 1,500 people. Miss Anna B. Saunders and Mil. E. M. Emery of Washington are enjoying this month at the Steuart cottage. Capt. Frank Luckett of Washington Is making his vacation a fishing trip at the Beach. Mr. and Mrs. John Chancey anJ Miss Chancey, after spending the summer at their cottage on the front, have returned to Washington. Among the capital city people enjoying the delightful month of September at the LJnwood House are Mr. and Mrs. K. N. Kernan and son, Mrs. Ada Cumberland and Mrs. May Goings. Mr. and Mrs. Abe Cohen and son and mother, Mrs. Cohen, and Mrs. Ralph Stelnhart and daughter of Washington, after sojourning for the season at the Wilson cottage. have returned to the city. Many Waslilngtonlans are taking advantage of the good fishing. Among those registered at the Wolcott House fort September are Mr. C. N. Coates, Mr. C. L. Laws, Mr. W. G. Doonan. J. Ward Stu/gls. P. L. King. HenrjrDeak. Mrs. P. E. Dietrick and children. Joseph Newyear, Wm. H. Bast row. Wm. W. Harrison. Mr. and Mrs. Joseph Dierkln snd family of Washington, after a most delightful summer at the beautiful cottage, "Idle Hour," have returned to Washington.

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