Newspapers / The News & Observer … / Aug. 19, 1899, edition 1 / Page 2
Part of The News & Observer (Raleigh, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
2 DEMAND FOR STEEL EXCEEDS SUPPLY The Cramps Discharge Hundreds of Men, ASK RUSSIA FOR TIME UNABLE TO GET STEEL TO FILL CONTRACTS. / ADVANCE IN PRICES HANDICAPS TRADE For $ x Months Steel Billets have S6ld at $4 to $6 Higher Than the Rails Made from them. The Rise and Fall in Cotton. NVv; York, Aug. 18. —It. G. Dun ami Company's Weekly Review of Trade will sa* tomorrow: * The Cramps have discharged many 'hundred hands, and ask Russia to ex tend time for completion of two war ships because they cannot get the steel, Completion of twenty-one out of twenty seven vessels building in the Delaware is also affected. If is a curious experi ence for this country and shows th< gigantic expansion of home demand. No one con question the fact that payments through the principal clearing houses irave been in August 55.9 per cent Jarg t-r than in 1802 for the month thus far and outside New York 23 per cent. No better test of the volume of business as known, but 'there is a growing handi cap in the advance of prices. How Jong and how far this advance can go without reaction is the problem which level-headed business men are studying. Evidences of cheeked consumption arc rare, .but it would lie childish to hope that at some point higher prices would not hinder buying. In Iron the question is of steel billets, which the great consuming companies have bought fur in advance, so that all new orders have a narrow market. For six months billets have sold at $4 to $0 higher than the rails made from them. Other demands, not covered’ by con tracts. are mainly for various shapes and sizes only prescribed in contracts. While prices have risen 25 cents for -Southern .pig iron, 50 cents for Chicago local coke, and 75 cents for grey fm\ge at Pittsburg, rails have Advanced. $1 per ton. with work covered for all this year, and 400,0tK tons or more taken beyond Avbat can lie delivered until next year. Other finished products do not change, although the demand at all points ex ceeds present capacity. Copper is steady at 18% cents for hike, with production for July 21, 333 tons domestic and 7,300 tons foreign. Tin is lower at 30%, and lead weakens on the stoppage of lb? smelters’ strike. Cotton., which rose a week ago to 6.50 cents, has fall en to 6.19, Mr, Neill having esti mated the coming yield at 11,250,000 to 12,000,000 bales. Official and other esti mates are all .much smaller, but th? man who judged rightly a year ago has the floor. Consumption here and abroad has been very large, and prices of goods are rising while cotton falls and stocks carried over must be large, but will be iess than present returns indicate. For wool, Coats’ circular for August Ist still holds good, although inside quota tions arc more often made. Sales for three weeks have been 28, 399,990 pounds, against 13,990.500 last year, 38,530,305 in 1897 and 23,305,400 m the same weeks of 1892. Goods have advanced farther, especially in ca-Hsi mcres, cheviots and cotton Avarp cash mere® and the tendency is upward in nearly all grades. AVheat has advanced about a cent during the week, with Atlantic exports only 2,363,302 bushels, flour included, against 3,059,380 bushels last year and Pacific exports 951,329 bushels, against 175.400 bushels last year. Western re ceipts have bceu only 3,212,117 bushels against 3,369,229 bushels last year. It is a question whether the smaller re ceipts are due to recent changes in crop prospers, giving holders of grain a bet ter outlook. Exports of wheat in three weeks have been from both coasts, flour included, 9,973,764 bushels against 10,. 114.240 bushels last year, and the West ern receipts have been 11,804,096 bush els, against 9,015,189 bushels Bast year; hut it is also significant that corn ha risen three eighths of a cent, with re ceipts of 3,020.092 bushels for the week, against 3,514.162 bushels last year, while the exports have been 4,034,302 'bushels, against 2,370.302 bushels last year. The figures dearly do not indicate a material decrease in foreign demand in the whole, although for wheat it is somewhat smaller than appeared in Juiy. Failures for the week have liven in the United States 156, -agairaM 254 last ye ir and in Canada 24, again,s?. 17 last year. A FRIGHTFUL BLUNDER. Will often cause a horrible Burg, Scald, Cut or Bruise, Bucklen’s Arnica Salve, the best in tile world, will kill the pain and promptly heal it. Cures Old Sores, Fever Sores, Ulcers. Boils, Feb ons, Corns, all Skin Eruptions. Best Pile cure’on earth. Only 25 cents a box. Cure guaranteed. Sold by all druggists. THE LAKE CITY POSTOFFICE. Washington, August 18.—The dispo sition of the Lake City, S. C., postoffice controversy is still undecided, despite contrary reports. A new factor in the case is an adverse report of an in spector against re-establishing the offiev. THE BEST PRESCRIPTION FOR MALARIA. Chills and Fever is a bottle of Grove’s Tasteless Chill Tonic. It is simply Iron and Quinine in a tasteless form. No cure, no pay. Price 500. wed & sat 6 m & w 6m The stock exchange is a place where lots of men exchange their money for ex perience. Take Glolh* Tonic for indigestion and Dyspepsia. Samples free, at office, of the Globe Remedy Company, 232 Fay etteville street. DGNT! WOMEN. Don’t write to a woman, wbeh the ro&f leaks. Write to a carpenter. Don’t write to a Avoman when the water pipe bursts. Write to a plumber. Don’t write to a woman when you are sick, write to a doctor. But why such superfluous ad vice? Simply to call attention to the fact that “ women” who are not qualified physicians offer medical advice, in adver tisements worded in such a deceptive manner that you are apt to overlook the important fact that the woman is not a physician. The great success of Dr. R. V. Pierce, in tr&tting and curing diseases of women has led to imitations of his methods, es pecially his offer of a free consultation by letter to all sick women. At the head of the Invalids’ Hotel and Surgical In stitute, of Buffalo, N. Y., and with an ex perience of river thirty years, Dr. Pierce has achieved the position of the chief of specialists in the treatment of wom an’s diseases. There is no living phy sician, male or female, who can show an equal record of over half-a-tnillion wom en treated and ninety-eight per cent, of cures. Write to the doctor. Your letter will be read in private, answered in pri vate and its statements held as sacredly confidential. To assure the exclusion of a third party from this correspondence, every letter is sent sealed in a plain en velope, bearing no advertising or print ing upon it. Address Dr. R. V. Pierce, Invalids’ Hotel and Surgical Institute, Buffalo, N. Y. Dr. Pierce’s Favor ite Prescription makes Weak Women Strong and Sick Women Well. Accept no Substitute. CONFERENCE AT CLAYTON, The Annual Session of the Ixieal Treach ers and Lay Workers. Clayton, X. C., Aug. 18. —(Special.)— The conference met at the Methodist church at 8 o'clock p. nv. yesterday, President Floyd in the chair. The I‘resident’s address Avas quite ap propriate; this was followed in a happy response by Rev. J. T. Draper, pastor of the Clayton church. At 9 a. ni. today the Conference was opened with religious exercises by G. B. Thomas, after which came reports of members. President Floyd presides with ease and dignity. All the exercises Avere in good spiritual tone. Aa 11:30 a. in. Miss Mamie Bays arrived from Charlotte and addressed the audience for one half hour on the Christian Endeavor work. She is quite a graceful speaker, clear cut in ideas, and effective in manner. Miss Bays is well received, and no doubt has a fine future in her chosen work. She goes at once to Raleigh for other special work. .The Conference is working smoothly, and all indications point to a successful session. THAT THROBBING HEADACHE. Would quickly leave you, if you used Dr. King’s New Life Pills. Thousands of sufferers have proved their matchless merif for Sick and Nervous Headaches. They make pure blood and strong nerves and build up your health. Easy to take. Try them. Only 25 cents. Money back if not cured. Sold by all druggists. TOBACCO AT SMITH FIELD. Death of Mr. B. F. Lee—Speeches at Four Onus. A Southfield-, X. 0., August 18.—(Spe cial.) —A very sad death occurred here Monday night. Mr. B. F. Lee, son-in law of Mr. W. G. Yelvingtou, died near 11 o’clock. His -remain® accompanied by his bereaved Avife and father-in-law were taken to Mount Olive, where the body was buried. Mrs. Anna Ppu, her daughter. Miss Mattie and Miss Smith, returned yes terday from Red Sjwings, where they have been sojourning very pleasantly for some time. Tht *re was over 175,000 pounds of to bacco soldi here last week at satisfac tory prices. About 400,000 pounds bus been sold thus far at this market. E. W. Pott, Esq., and Sheriff Elling ton addressed a -largo assemblage of good citizens at Four Oaks, N. C., last Saturday. The Constitutional Amend ment was thoroughly explained’, hut the |x*ople of Johnston county understand it any how, it being a Democratic measure. McKOY KNOCKED OUT. Chicago. 111., Aug. 18.—Jack McCor mick, of Philadelphia, knocked out Kid McCoy in the first round tonight. The bout Avas to have been for six rounds ami it was generally thought that Mc- Cormick stood no show at all. TWENTY-FIVE MEN KILLED. Loudon, Aug. 18. —An explosion in the »S,est Colliery in Glamorganshire, Wales, during the nighl shift, killed twenty-five. The other twenty-five men were rescued. “Our baby was sick for a mopth with severe cough and catarrhal fever. Al though we tried many remedies she kept getting worse until tve used One Minute Cough Cure. —it relieved at once and cured her, in a few days.”—B. L. Nance, Prin. High School Bluffdale, Texas. Bobbitt, Wynne & Co., W. H. King & Co., Adams & Moye,. Wm. Sifnpson, Druggists. TROOPS MOVING ’DO FRONTIER. Cape Town, August 18. —Military con tingents are daily leaving here and other cities for the Transvaal frontier, and recruiting is actively ’proem-ling. Tbe soothing and healing properties of Chamberlain’s Cough Remedy, its pleas ant taste and prompt and permanent cures, have made it a great favorite with the people everywhere. For sale every where Bobbitt-Wynne Drug Co., and 11. T. Hicks, Druggists, Raleigh. Bears the - THE NEWS AND OBSERVER. SATURDAY MORNING. AUGUST 19, 1999. PICQHART PROVES A FRIEND IN NEED (Continued from First Page-.) Department concluded his examination of the first portion of the secret dos sier by saying:, “May,l he allowed to express deep re gret at the absence of Mapor Du Pn-ty do Cl'am. It seems to me imHepeusable that this officer, who wrote tire comment* taries on the secret dossier, should be summoned to give evidentee here, lie would give us his reminiscences and l would help him. (Laughter.) “But,” Colonel Piequarl added, “since I am dealing with this question of the commentaries of Major Du l’aty de Clam, permit me to point out to you, gentlemen, that this dbemnent was not the property of any particular Minister. It was- classified as belonging to the in telligence Department, and as you -ay, it formed part of a well defined dossier a dossier which was shut up in one or the drawers of my desk, nod which was abstracted from it. This commentary, therefore, is upon a secret dossier docu ment which was improperly removed from my Department;” (Sensation.) Continuing the witness said: “Mention was made yesterday of the di-siPppoaranee of document!#. 1 hat is the cfase in point.” Turning to the second portion of the dossier PicqUart described a number of documents in it as forgeries, and said the police reports therein contained showed nothing serious against Dreyfus He explained that they ein.l»odied the theme mostly utilized by l"dice spies in order to dupe the Intelligence Depart ment and asserted that their informa tion was mostly worthless, embroidered or false and prepared La order 'to make interesting reading. Dreyfns displayed the keenest interest in I-icquart’s - protracted analysis of the dossier, to which the whole audience listened with profound attention. The members of the court martial and the former Ministers of War were equally interested. . Clone!riling his examination of the secret dossier. Colonel 1 n-quait <x plaiued how he had aeqnt-ml the con viction that tin* bordereau Avas written by Efcterhiizy, and how he ascertained that the anti-Dreyfus proofs were worth less. He began by detailing how he first learned of the existence* of Ester hazy and his efforts to discover some thing abbot him. The witness earnestly asserted that the. first occasion on Which lie saw Es terhnzy’s name was when he read the address of the Petit Bleu. He said he was not acquainted with Esterhazy and never had Esterhazy Avatehed. Previous to this the titmost efforts hud been made to prove the contrary and to show Picqdart knew Esterhazy before the discovery of the Petit Rican. Turning to the leakage at headquar ters. the witness deseriliedt the negotia tion® of Major Lauth, with flic spy Rich ard Cuers at Basle, showing liow the spy promised information about the leakage and how he, Ihequart. was in duced to allow Lieutenant Colonel Henry to accompany Major La uth to Basle. Flic quart, also desert tied the vague replies of Henry when questioned on the subject of Esteriiazy before his de parture and the futility of the visit to Basle, because of Cuers’ refusal, when he saw Henry, to impart the promised information. This incident caused' the witness to wonder wliether, instead of trying to make Cuers tqieak, Henry awl Liuvth had not done everything -possible to im pose silence upon linn. After referring to Eisterhazy’s reputa tion for gambling and debauchery, Colo nel Piequart said: “I knew Esterhazy was anxious to enter the War Office and I did not re gard his desire favorably. I communi cated my impression to my chiefs, who approved all my Ktejis, and the applica tion of Ester hazy was rejected. rt Hw insistence, however, only in creased my uneasiness regarding htm, and I resolved to obtain a specimen of his handwriting. I was immediately struck with the similarity of his ‘hand writing ami that of the bordereau, and, forthwith, I had the letters of Esterhazy which were in my possession photp gra idled and showed the j dictographs to Major Du Paty De Clanv and M. Bcr tillon (the handwriting expert). between August 25th and September sth. “Mr. Bertillon said: "That is the writing of the bordereau.* "M. BerttHon tried to disc-over where I had obtained the handwriting but the only information I inqMtrted was that it was current ami recent handwriting. “M. Bertillon then suggested that it was a tracing and ended by saying that if it was current handwriting it could only have emanated from some one whom the Jews had been exercising for a year in imitating the writing of the bordereau. “When l s«vv beyond a doubt that the handwriting of the bordereau was Ester hazy’s, ami seeing that the documents mentioned therein might, have bee® sup plied by Esterhazy, that the words ‘I am going to the manoeuvres' could i»er feetly well apply to Esterhazy. and that Esterhazy had secretaries at his disposal to copy a document so voluiniiiiows as the firing manual. I resolved to consult the secret dossier and see what part of the treachery might is* ascribed to Dreyfus and to assure myself whether the dossier contained anything indicating Esterhazy. “I frankly admit I was stupefied on reading flu* secret dossier. I expected to find mutters cf gravity therein, and found, in Abort, nothing but a dotcunient which might apply just as much to Es terhnzy n» to Dreyfus, an unimportant document mentioning I)’Avignon, and a document which it seemed absurd to ap ply tb Dreyfus, namely the ‘Cette can aille de d’ —’ document.* “Lastly, I recognized a report ap pended, in the handwriting of Guenee Which appeared to Is* at leant as worth less as the second document's. ‘“lt was then evening, I had -stayed late alone at the office, in order to examine file documents thoroughly. I thought it over during the night, and the next day I took the documents and explained the whole sifua|lom to General De Boisdeffre. “General De Boisdeffre examined tin* secret dossier with me, but stopped before he reached the end ami told me to go oto the country, give an account of the affair to General Gon.se and ask 9A6TORIA •to Kind Yea tan Always Boughi his advice. “Before starting to see Gen eral Gome,' 1 copied* a mote, four pages in length, which 1 made B*-,) emiM>t* ist, containing my resume of the Estcrlnr-.y affair. “WIR'D I informed General dense of all which hud 1 oecurnsl he remarked: “ ‘So a mistake has lieen made.’ “After my interview with General (louse 1 did tint work any longer oil Illy own- initiative. I said nothing more until the return or General Gonse, Sep* teniher 15th. At that time Esterhazy Was at the Grand Manonevres,” Describing Ids Interview with General Goitse, Keptemls-r 15th, Picqdart said: "When I aslo*d General Gon.se for permission to eontlnue the Investigation Insisting d'tNiii die danger of allowing the I hey fas family to i»nn<*e'*d with the in vest Iga-t loti alone. the General re plied that It mas ImpiMsitde in his opin ion and in (tie opinion, of Generhl De Hoisdoflre and the Minister of War to reo|rn the aftidr. When I pressed the point, in id dor 1o make General Gonse nmlersliind I lin t nothing could prevent his re ope ning Ii if he could tsilieve Drcyfn* was Innocent General Gonse re plied: “’lf you say qfitlung nobody will know.’ "General, I replied, firmly, ‘What you tell me 'is abominable. *ll do not know what I shall do. But I won’t carry this secret with me!' ” (Great sensation). "I at outs* left the room,” added the witness. “That, is what occnrnsl. I knew my account is disputed, but ( positively swear it,” said Piequart, as lie emphatically smote tile bar in front of the witness box, ami looked In the direct km of the genera Is. The m*xt feature of Pi eq Hurt’s dejiosi tion was his recital of tin* intrigues against him ami the pressure exercised by Henry with the view of fixing on the wit ness for communicating information to the newspapers. Then turning to the distant mission upon which he was dispatched, Piequart described the irritation lie felt when lie saw he was being removed because he was mo longer wanted -as head of the In- Itelligbnee Department. He explained that if this disgrace had been frankly a vowed it would have been much less painful to him:. The Colonel also said that during his absence his correspond ence was tampered with. Colonel Jouaust. having asked for explanations on certain iwiuts, I'icquurt said: 'ii I tell you all this, gentleman, it is to show what must have bben. the men tal attitude towards tme of tin* members of the court martial which tried Ester hazy.” (Murmurs of assent.) W heif he resumed his deposition, the witness said lie regretted he bad not hern given the opportunity to contradict his accusers at. that court martial. “I have almost finished <n>y task,” add ed Piequart; “but 1 ask pertnbwioii to refer to the Avay the bordereau came to the War Office. I have doubts in regard to -the jierson who brouglTl the Ismlereau. Two quite different person® <-bukl certainly haA-e -delivered the iwvr deratt in 1894. But, if an intelligent isrson- h%l delivrnsl it, he would cer tainly have insisted on the value of its contents.” The court then adjourned. GEN. MEIICIER’S WATERLOO. (Copyright, 1899, by Associated Press. 1 Rennes, France, August 18.—A se vere blow to the military set it avis when the Schneider dispat di was made Jkifowm a-t five o'clock this morning in it he refectories and the hotels. It was a source -of jnbiliatkm on the other sole. General Mereier had greatly empha sized its importance when giving his evidence. His manner was victorious as he handed flu* alleged letter cf t.ol onel Schneider to the president of the court martial, to be* addot to and tiled with the other papers -connected v ith the trial. These generals at Rennes have no standing counsel to advise them. They show forensic ability in making si sashes when* they ought to give evi dence, but they lack lawye’lik? pru dence and legal practice. Any advocate would Imre felt how risky it was 40 dw*ell on such a L>eu nient ns an intercepted' letter from a military attache, especially in vieAv of the forgerie-s with which the secret dosstter teemed. After all that had transpired about the letters of military attaches to each other in 1894, the at taches in self defense wer* bound '•> discredit everything In the secret dos siers. These, letters were supported by police reports. Were they pubMr hed the world would read them aghast. As at least 127 persons in all must have seen them, ttn* author#, real or alleged, would find themselves on, the defensive. But these* considerations- never pre sented themselves to Gneral Mereier’s mind. That he believed' in tne authenti city of his djoeumeut and pinned h,s faith to it, is now laughed at every where. Ilis best friends -all him a donkey ami his enemies rejoice. -Colonel Panizzardi trumps Colonel Schneider’s denial e»f his alleg'd letter by writing, ami branding as a forg<uy the report that General Roger said hie (Panizzardi) wrote to the late Signor ItoHsman, the* Italian Ambassador, re garding the relations of Col. Schwarz kopiaui with Dreyfus. The Austrian and Italian Embassies attest the genuineness of the Schneider and* Panizzardi dispa tchoß. Mercler f<s*ls that he has thrown ill** fat into tin* fire, and he looked depressed and out of countenance today. So did Itoget, who is a stronger man, notwith standing the tears he shed at the close of lus deposition yesterday. Colonel Piequart was again a witness. He was allowed to sit in an arm chair with which the generals had been suc cessively' accommodated, Ficqu-irt's figure is younger than his face. He is clean built, lithe, tall, graceful. tie remains the guardian angel of Dreyfus, standing between him and the Implacable enemies Avho slit on the front seat of the witnesses' quarter. The Dreyfusites greatly fear for Pic quart's life. The stalwart® among them now guard him. He looks a man with an unpropitious star, and He inn al ways been unless in* having that peac of soul that passeth understanding. EMIL CRAWFORD. CLAIMS THAT HE SHOT LA BOR l Rennes, Aug. 18. —A nmu named Slorot, was arrested here today who declared that* tie had shot M. Labori. Colonel Piequart did not recognize him. It i» believed he is crazy. Irritating stings, bites, scratehes, wounds and cuts soothed and healed by DeWitt’s Witch Hazel Salve—-a sun* and safe application for tortured flesh. Beware of counterfeits. Bobbitt, Wynne & Co., W. H. King & Co., Adams A Move. Wm. Simpson, Druggists. PENN'S SUCCESSFUL DOCTORS. (Evening Bulletin, Philadelphia.) The result of the examinations by the State board of Medical Examiners, through which alone graduates in medi cine may be permitted to practice in the State of Pennsylvania, has just been announced. The University of Pennsyl vania makes the same extraordinary showing in 1899 as was the case in 1898. Os one hundred and forty-three students examined, only one failed, and the gen eral average of the whole number was 86 —an average far in excess of that ob tained by students of any otlwr school of medicine. The fact that tin* University of Penn sylvania furnished about thirty-four jwr cent, of the entire number of candidate® for the hoard’s certificate and les® than two per cent, of the number of failures makes the record all the* more remark able especially when the exceptionally high average obtained by all the men is taken into account. THE YIGI LANCIA SAFE. New York. August 18.- The missing steame r Vigilatu ia has been reported all Well at Nassau. A THOUSAND TONGUES Could not express the rapture of Altaic E. Springer, of 1125 Howard si root, Philadelphia, Pa., when she found that Dr. King’s New Discovery for Consump tion had completely cured her of a hack ing cough that for many years had made lire a burden. All other remedies and doctors could give her no help, but she says of ibis Royal Cure —“it soon re moved the pain in my chest and 1 can now shop soundly, something I can scarcely rememlier doing before. I feel like sounding its praises throughout the Universe.” So will every one who tries Dr. King's New Discovery for any trouble of tin* Throat, Chest or Lungs. Price 50c. and SI.OO. Trial lsitflcs free at all Drug Stores,'every bottle guar anteed. Anout the time a man's first baby gets old enough to say things other men begin to shun him. S fiSfl R Extract I ppiljn (Avoid Substitutes) Cleanses and l||f Heals all Inflamed Sur- g faces, Cures Sore Throat, Coughs, Colds, S Bronchitis, Asthma, Catarrh and I Relieves | You Can Buy the World-Renowned 9 On convenient terius, thus- assuring jour self that the cast win not be a bur den, and that your money is the best PIANO that’s made. COMPLETE CATALOGUE FOR THE ASKING. REPAIRING AND TUNING GET QUICK ATTENTION. CHARLES M. STIEFF, Warerooms, 9 North Liberty Street, Baltimore. Factory—East Lafayette Avenue, Aiken and Lanvale streets. To insurance Solicitors. TOP COMMISSION AND TEN PER cent, bonus for SIOO,OOO between now and January Ist. An excellent oppor tunity for two good men. Address stating record for past six months. “Old Lirte,” care The News and Ob server, Raleigh, N. C. Sale of Stock of Drugs The entire stock of chemicals goods, wares and merchandise, Sods water apparatus, fountains prescription ease and drug fixtures of the firm of Heartt and Heartt, will be sold at pub lie auction to the highest bidder for cash at 10 o’clock a. m. Monday, September 4tb, 1899. at the present stand on tin corner of Wilmington and Martin streets in the city of Raleigh. Those goods are now being offered foi sale privately, and stock will be sold privately in bulk or lots to suit pur chasers. Entire stock will be sold M auction if not disposed of by private sale T. M. ARGO, A. B. ANDREWS, ,TR., Commissioner*. Constipation, Headache, Biliousness, Heartburn, Indigestion, Dizziness, Indicate that yonr liver is out of order. The best medicine to rouse the liver and cure all these ills, is found in Hood’s Pills 25 cents. Sold by all medicine dealers. The Union Central Life Ins. Co With Assets over 220,00,000 Makes for her INSURED the highest interest (nearly 7 per cent) and lowest death (Just 74 per cent) rates of any company. , For ten years our interest .alone has paid all death claims and matured en doAvmeuts and left a balance of 961,753.00. llow does this Interest the policy holders’? ANSWER: They get very large cash dividends. ILLUSTRATION: We show divi dends, experiences that amount to an average of 70 per cent of the premiums and in 1899 the premium was $17.00 and his cash dividend at his command was $19.37, or $2.37 more than his premium. I mention this to show Avhat our high interest and low rate does for our in sured. State age and get one like this (and we have complied with the Craig law too). CARY J. HUNTER, Supt, for Va. and N. Raleigh, N. C. __ ••••••••«•••#••••••••• • The Aetna Life's Fifteen-payment • • Life and Endowment Policy in • • Competition. • 0 These policies issued by the Aetna 9 •enables its agents to offer strong 5 5 inducements to prospective insnr- X Z ants in competition with those of £ 0 other companies. Taking the aver- 0 • age rate of ten leading companies # • at an age of twenty-five on the • • twenty-payment life plan, we find • • that the premiums average $92.03 9 • for a SIO,OOO policy, or $5,952.00 J 9 for the twenty years. The Aet- 0 Sun’s fifteen-payment life, at the 0 0 same age. costs $297.20, or $4,458 0 0 for the fifteen years, the difference • m in the premium for full term being • • $1,493.80, equal to a dividend of ® • 39 per cent, on the annual pre- x x min ms for the whole premium pe- Z 9 rial after the first two years. The Z Z comparison corresponds with this 0 0 for other ages. The simple pre- 0 0 sentation of this comparison ought • 0 to lie a convincing argument when # 0 clearly made, especially in view of • • the fact that paid-up policies are • w more favorable to the assured of X X the fifteen-year than on the twen- 9 9 tyyear plan. The large dividend Z 0 paid by some of the companies Z 0 has long been one of the strongest # • claims made by them. Adividend # • of 39 per <*ent. deducted at the w • beginning of tlje year has so much 9 • to lie said in its favor that the 9 x Aetna wvms clearly to be giving Z 9 points to its competitors. Z Z Mr. J. D. Boushall, general agent. * 0 Raleigh, N. 0., can give further in- m • formation. • •••••••••••••••••••••• Meeting of Stockholders. A general meeting of the stockholders of the Raleigh and Gaston Railroad com pany is hereby called to be held at the office of the company in the city of Ral eigh, N. C., on Wednesday, the <Uh day of September, 1599, at 10 o’clock a. m. Said meeting is called to consider the terms and conditions ui>on which the Raleigh and Gaston Railroad Com pany may consolidate with the Seaboard am! Roanoke Railroad Company, the Raleigh and Au gusta Air Line Railroad Company, the Carolina Central Railroad Company, the Georgia, Carolina and Northern Rail way Company, the Durham and North ern Railway Company, the Roanoke and Tar River Railroad Company and the Louisburg Railroad Company, or any one or more of them, and to provide for in crease of she capital stock of said Ral eigh and Gaston Railroad Company, and to take any other action that may be necessary or expedient in the exercise of the powers given to this company tinder the aet of the General Assembly of North Carolina entitled “An act to amend the charter of the ltaliegh and Gaston Railroad Company, and to au thorize said Raleigh and Gaston Rail road Company to consolidate with other railroad, transportation or other com panies or to lease or otherwise acquire the property and franchises of the same.” By order of the President, J. M. SHERWOOD, Secretary. KADOK. WHAT IS IT? The most innocent and the Quickest Headache Cures on the market. Stimu lates and never depresses. Take no substitute. 3 doses in pink envelope. Sold by all Druggists or gent on receipt of price. L. RICHARDSON DRUG CO. Wholesale and Manufacturing Drug gists, 329-331 South Elm Street, GREENSBORO, N. O.
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 19, 1899, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75