I took part in this discussion. A motion was adopted at Mr. Sanger's suggestion, to send the records of graduates back to the schools from which they entered college, and to include in the definition of the college until the statement that it represents one fourth of a year's work. M. I. Crainger, of the State Normal School at Farmville, reported on an investigation of the records made by the graduates of Virginia high schools. Under the topic of "How Recognize Excellence in College Work," discussion was engaged in by Mr. Cocke; President McVea, of Sweet Briar College; President Evans, of Randolph Macon Institute, and others. The following suggestions were made: That students be encouraged to do original work for a credit; that honor rolls be published monthly for a grade of ninety percent and no complaint from any member of faculty; that those who do well have the facts of their excellence published in papers, and that groups be compared, rather than individuals only. The next meeting will be held at Sweet Briar.

MARKET CONDITIONS ARE SUPERFICIAL
NEW YORK, April 29. — The tentative and superficial character of prevailing market conditions was strikingly illustrated during the week. An extensive and over-confident short interest was hurriedly driven to cover in consequence of the very substantial "extra" dividend voted on United States Steel common. Record earnings of that corporation seemed to be regarded as a secondary consideration. Better crop  Conditions and railway earnings exercised little beneficial effect, although rails participated in the rise. Efforts by pools to inject fresh interest into speculative shares met with slight success. 