Newspapers / The Charlotte Observer (Charlotte, … / Dec. 14, 1912, edition 1 / Page 1
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VOL. 18. NO. 144. WORLD EVENTS TOLD BRIEFLY Current News 01 Interest Paragraph By Telegraph And Cable ; Id "WASHINGTON, ... Dec 14. The gouse money trust investigating: com mittee was not in session today.,. Hear ing will be resumed Monday. V , j LEAVENWORTH, Kan., Dec; 14. With the arrival of 26 prisoners from Washington, D. C," last night the number of prisoners in the federal prison, here was, increased to, 1,206, the most ever confined in the institu tion at one time. , . ;, . - PARIS, Dec. 14. Leon Bourgeois, a former Premier and the ' Minister of Labor in the present French Cabinet; lias told his friends definitely that the condition of his health forbids him entertaining any idea of standing as a candidate for the presidency of Prance at the coming election. ' . - - .. ' :l V LONDON, Dec 14. The condition of Whitelaw Reid,7 American ambas sador to Great Britain, is now favor able, according to the bulletin issued this morning by the doctors in attend ance. They declare that he passed a better night. . - ' " NEW YORK, Dec 14. Henry E. Huntington, who. has , figured exten rively in the past year; as a purchaser of rare books and paintings has just ought the famous portrait ;'of . Mrs. Siddons by Romney, which has .been one of the art treasures of England, for many years. - The price paid is given as $150,000. : PITTSBURG, Dec 14. Fire be lieved to have been of incendiary orig in destroyed .20 stables, warehouses and residences in Braddock, a suburb early today. Scores , of men, -women" ani children . were rescued- by firemen, & tan of whom suffered slight: in juria : The Joss is estimated at $150, -A. HOUSTON, Tex., Dec. v. 14. Dr, fliarles P, Neill, 'United States labor Commissioner, today began the' twen-tr-third day-of -his efforts to adjust differences - - between Harriman , line conductors and trainmen, employed between: .New urieans ana mi raso and the railroad ' company officials. The public is still in ignorance as to the real status .- of the situation, al though many rumors are current. ; : NEW ORLEANS, Dec 14. A gen eral break of from two to five cents a hundred pounds in ocean freight rates followed a raid yesterday on the Liverpool and Manchester combina tion. For the first time in many months rates dropped below the Gal veston basis and : rested at 55 cents for Liverpool and Manchester; Havre 62, and Hamburg ,60 cents. '.- - CAPE TOWN, . Dec. 14. General Louis Botha today ; resigned the pre miership of the Union, of South Africa, which he has held since May 31, 1910. He took this step in consequence of dissensions from the Dutch extremistr in the Cabinet led by General J. B. Hertzog, whose attitude on naval and other imperial questions caused a re vival of the old racial feud. , ; SEATTLE, Wash.; '; Dec 14. Dur ing the last 12 months Claude F. Gage, marriage license 'clerk 'of Kings County, has received letters from 2, 000 persons, mostly ' women,' asking him to assist them in. finding suitable life partners according to figures com piled yesterday. Fifteen hundred of these opplicatians came from', women: living in the large industrial centers on the Atlantic seaboard. NEW YORK, Dec. 4. Until this week the largest amount - that the pastor of the Roman Catholic Church of Our Lady of Guadalupe on One Hundred , and Fifty-sixth street had ever taken out of the poor box was $2. This week, however, when he opened the box he found inside, nice ly folded together, five crisp $1,000 bills. The person who put he $1,000 bills in the box didnot leave any clue to his identity.- - MR. WEBB GETS PROMISE OF MONEY, FOR BUILDINGS. . -(Special to The Chronicle.) WASHINGTON, Dec. 14. Represen- tative ' Webb has secured a , promise' from the subcommitte on public fundings and grounds" that an adi tional appropriation of $20,000 for the Postoffice at Gastonia and $60,000 or 70,000 for Shelby wilUbe allowed in this year's public building' bill. " Rep resentative Page will,-get: an appro priation of $ 60,000 'for a' building at Thomasville. - ; . 1 Robbers loot small' town bank in tennessee : - . m " ' . NASirVTLLE. Tenn.;Dec. 14. A telephone message from Bell Buckle, miles southeast: of here, says that we bank of Bell. Buckle was robbed iiAinoraln by ' safe blowers and .ooo secured. Before attacking the uant the robbers cut the wires lead- SrJTom th town, en- bank Ia covered by burglar in surance, a reward of $1,000 has been ml t0T each Participant in the WEATHER: . Fair'i tonight - and POWER COMPANY LOSES IN YORQ Boy; Injored In Transformer Dcasa Recovers Damages Chamber ol Commerce Work it ' Special to The Chronicle.) ' - j ' ROCK.' HILL, S. C..vDec 14. In York Circuit Court at :Yorkville Fri day morning the t jury, in the case of. T. W. ' Huey, guardian for Walker Hayes, vs, the Manchester Cotton Mill and the Southern Power Company ire-' turned a;verdict awarding the plaintiff the sum 'of around $8,000, equally di vided - between the defendants. The suit was to recover damages in the sum of $30,000 because of "injuries received by Hayes, : who is but nine years old, on November 2, 1911.' , - Hayes with a number of other boys were near the Manchester school, near which was ' located : the. transformer station of the defendants.? One of the, windows of the transformer house had been left open and r one ot -the little boys noticing: this stated to Hayes.tnat' if he ' would ? place " his , arm through the'; window and touch . the ' wires J he could ; see all sorts of - diamonds. The boy - toldhim that be would receive a slight' shock, but that1 it , would not hurt' hinu" : Anxious to see a'fine lot of ' diamonds Hayes went to the building and pulled up to the window so he could 'stick his hand inside. ' The- touch sent a charge of 11,000 . volts of electricity through him, 'ren dering the lad unconscious. His left arm was so severely ; burned that . it was "necessary to amputate the mem ber t just below the elbow.' v However, the .electric current -had followed" the muscle of . the arm,- destroying- the muscle to the - shoulder. The ' little toe of the right foot was also burned off. But for "the fact? that the: lad was partly, in the window death would have doubtless been instantaneous. The. case was settled on what is known as the turntable case, decided by f the Supreme Court' of the' United States ' and approved by a number of , State ; Supreme -Oourts. - This opinion was ija . effect', that where .'. a r,. .partyi erected or permitted to -be ' erected s machine or apparatus, of , dnetfu naiujetneyjpwpeiJwasr take, extra precaution.1- to .sW.;that.; it was so guarded that small and inquls--' itive children could" not get ' near 'the danger. :! V ir: C :' ' - '"" - With 406- memberships securedfor the chamber of commerce, under the new 'plan - of organization, "the' steer ing committee of the organization 13 wearing the : smile that won't come off. : The , remainder of , the . member ships necessary to effect; the 'reor ganization were secured , Thursday night . at a supper ; and smoker and the enthusiasm was so great that there is but little doubt that the member ships will be increased to 450. , -" The gathering also voted to draft a lew constitution and by-laws, incor porating recommendations that direc-! tors be paid for attending the monthly meeting, or- fined . for failure .to at tend; the 25 directors to hold monthly, meetings and the entire body to meet quarterly. The chamber will secure adequate quarters and fit up. a secre- tary's office and a directors' 'room; also v a large hall for the use ,of the ful membership . meetings, the hall to also be fitted up and used daily as a rest room for the ladies from out . of the city who are shopping. - The by-laws will - be ; drawn - up and pre sented for appVovalr at ; the -annual meeting to be held early in January," at which time the new 1 organization will be effected. TESTIMONY TO FINISH i m Defense of Judge Archbald Expects to Start Before Senate Next Week. WASHINGTON; Dec 14. The tes timony on which it is sought to im peach Judge Archbald, of the Com merce Court, was to be ended before adjournment today. Next week will be vtaken by the defense in presenting its interpretation of the acts "charged as being "misbehavior and misde meanors" on the part of the judge and calling : before the Senate many citi zens of Scranton,PaV the judge's home, vto testify to his standing in the community.- ' . . '"- ' . . . - Preparations are being made to ar gue to the Senate that it was not nec essary .. for -the prosecution : 'to". show that the interest manifested by Judge Archbald in several coal dump leases was prompted in all instances by a' pecuniary consideration1! for himself .' - The House managers will insist that it is just as. reprehensible for a judge to . use t his ' influence as j a r Judge if or the benefit of 'a 'friend as if the bene fit was to accrue to "himself. TODAY IN; CONGEESS s .a'4 Mi Agreed to meet at 11" a. jm.;Mon-, day to consider ' the v' Sheppard-,; Kenyon "dry State bilL" ' Resumed txnsideration of the omnibus claims bill. HOUSE. . , Met at noon. , , Considered date for taking tip the Burnett immigration bill pro posing an illiteracy test. Representative- Mott proposed amendments to th newspaper publicity law? virtually repealing ty Sunday; warmer. COTTON RECEIPTS 7 NOV 10,000 BALES Approximately Half Of The Pro duction la The County Sold: On Streets 'l Charlotte, -.which' is regarded as one of the', largest cotton centers of the western . part of " the State, has thus f ar , bought on the streets nearly -10,- 000 balfes, which ; is about one-half the total crop- for the cotton year be ginning f with September 1, and 'end ing ? with. August 3 1 of the year - fol lowing. ; ' . The sales, this year are remarkably close to " those of the year preceding up to this date, a difference of only 27 "bales in favor; of -; last year ..being noted, this, year's receipts to date being 10,620 1 bales, , against 10,64T bales :up ; to ! the same date in 1 9 IV these . dates ; being up to Friday, : De cember: 13, l 912, and Friday; De cember 11, 1911. The ". receipts f or ' Setember, Oc tober and -November' this year wer 9,773 - bales, against 8,883, or an . in crease of ; 890 bales. It is said' that the vrop is now alt picked and ginned and what has not been- eold'is; being warehoused large ly by -the: farmers themselves in their' own cotton houses on the farm. - - . As 20,000. bales'" ahd ; more are; usually '' - sold on the ;. local market, there is apparently,, much more cbtton yet to be : accounted1 for, but tne : re ceipts I at present are- very close .'to those ; of : this same period . in 1911. ; v , The receipts t for the . week ending yesterday" were 673 -' bales, ' against 677la'stvweek and 908 on the cor responding date last year. . : l The; 'movement of . cotton in this section ' has been closely watched by both cotton j men and. farmers I this season to ascertain, the effects of the better", prices,! "the largeness of ' the crop and ; other influences. norr ''at work,? but it seems . that there" hasj been little" difference to . notei In;-tjxe aggregate. . v . . -isidtHAexaiio of ; the trirtinlitti iedtton in theiicown' private cotton o-?; email ; warehouses t in- the ? ' tsountry than evet' before,; while the; number of warehouses 'controlled by farmers is much greater,'! but -r rtill it : is,, not claimed ' -that $ih-: cotton yet-unsolo, and presumably ; in warehouses, ex--ceeds by an ; appreciable amount the quantity - that " was stored in ", ware houses at' this season last year." . Locally there is a good deal "ot speculative interest being taken in the comparative . receipts . for . this season and last, - since the totals : to date are in all events so close, and many cotton men ; are trying, to figure - out What - the .standing-will be when the' year closes.-- " MAY BROADEN SCOPE Philadelphia - Women, Successful . in f Cost of Living Campaign Against -Price of r Eggs May Sell Other Com modities. '' , PHILADELPHIA, .Dec. - 14. En couraged by the success - attending their campaign to reduce the cost of livirig through the sale of "eelected" storage eggs at a price from 6 ;to 20 cents a' dozen cheaper than has here tofore prevailed, "officers of the house keepers' league today announced their' intention of -broadening' the scope of their activities.'- Offers from? farmers in Pennsylvania,: pelaware, Maryland and Virginia to supply the league with other products at prices which would " enable their distribu tion at a much less cost - than i now charged !". by ' the . . retailers have been received, '. according - to Mrs. Daniel W. Simpkins, Yice president of tha organization. , ; c -Since -the ' inauguration of the cam paign for lower prices the .league has disposed: of 18,000 crates or 540,000 dozen eggs" ,at ,24 cents a dozen at 60 stations in the ' different : sections" or the city. Next week it is the' inten tion of the women to increase" their selling stations to 300 and it is ex' pected 'by those in : charge ' of the. work that the : crusade will- be th means of breaking, 'the "corner" which they say existed in the com modity prior to the opening' of their campaign. . -f . COLEMAN:SANDERS T Ridgeway - Man - Weds Chester Young -. Woman : at . Home . of , Her ; Slsex (Special to .The Chronicle.) CHESTER S. C., Dec C1 Miss Fanny f Sanders of this ' city and! Mr. Herbert Coleman of Ridgeway were quietly, married at ' the ) home -of her sister, Mrsi D.Earle Colvinl Tuesday, .eyeningibytne'RevltJ The ceremony? Was performed lint the parlor.which . was beautifully decorat edlfDr'theoccasion. '' Immediately af ter f.the marriage Mr. : arid V Mrsf; Cole-, manvlef tr over te Southern Railway f or ;a Northern trip, ,. after which", they will return : to Rldgeway. - The bride was one of; Chester's : most . popular and -attractive young women -and 'the. groom is a prsperous furniture dealer of RldgeWayJ ' CHARLOTTE, K.f SATURDAY, to cue r OUL I .""i'.'L mm. Bin itc Civil Antl-Trnst fair, Against The Famous Concern Cbarges - ;.Conspfr3yv-1;.:, i, SEEKS TO EN JDiri PRICE FIXING jcOTJTTEE Government Suit Filed Today Charges a Famous Business Organization With v Having Entered Into a Conspiracy in Restraint of Trade to Fix Prices Arbitrarily Against Small Dealers. CHICAGO, ' Dec '14.- The. Elgin board of - trade, popularly- known as the "butter trust,"' and the j Ameri can 1 Association - Creamery '. "Butter Manufacturers were attacked by the Federal Government in. k civil anti trust v suit filed her-' .today; fQr -the dissolution of both concerns. ' ! :;' . Sweeping charges tof ' conspiracy to fix arbitrarily the': price of -butter in the interest, of big manufacturers and cold storage concerns' jahd to the detriment of the f arnieriother .; small producers and the -consuming public, are" made by Attorney General Wick ersham against the : ; sVcilled ', trust, which he would destroy as a, violation of. the Sherman te.:t?-1;-";?j-i: ; " - Butter- making has " drifted , to r the large . manufacturers nthe . natural in creases in volume dt - business . has been curtailed and prices-to .the peo ple of. the country ' have I been ;';en hanced especially during the ' Winter, season, by. the operations" of the ''con spirators" ' according to the Govern-naent's- petition; in equity i. A .' : V : ,i ' , Enjoins Fixing C&mmitteeb ' ..Aside from the dissolution fit the two .organizations .v ine Government seeks - to enjoin the defendants from fcpjpplntin ftbni'r ligrprice: IpuTsiljSliin.; :flgiw?Ji "te 'market prices" unless they are based upon bona . fl.de 1 sales ybf butter; from demanding: that the Elgin price be used, as a basis in making contracts for butter; and from making" fictitious or "wash sales'! of butter or to 1 mis lead as to the actual price ai . which butter is being sold. x' - f " - ' The price of butter fixed on the Elgin .exchange, the Government maintains is not the result of free and open competition ' regulated 9 by actual bona: fide sales under the law of supply and demand. " ,The price fix ing committee of the board is dom inated arid ' controlled, " it is alleged, by large butter, manufactories, known as centralizers, and by cold storage concerns. i. ' Charge 'Arbitrary Action. , - This committee, the petition adds, "has acted - arbitrarily and - without any regard to actual values, and fixed prices wholly in the interest of the conspirators." v :.r:--: '.'v-.-'S. From .May . to .August, : when the bulk of the country's supply is made the petition r says, : large centralizing, concerns are buyers .rather than sell ers of butter, buying up the surplus product and storing it for, Winter when the price is enhanced. Conse quently it is declared the prices ' of butter fixed by the board during the Summer months have been almost in variably below the price at which the . product actually has sold ' upon the market while during the Winter months the ' prices fixed have - been somewhat above market and private sales." It is charged that the American As sociation Creamery" Butter. Manufac turers, composed of about 46 'firms and individuals, is used by the "con spirators" , to maintain these seasoned differences : in prices ? without regard to trade conditions or competition ' AH members . of the 'association ' are re quired, it is alleged,: to use the price thus, established as the basis of their contracts for . the ? purchase or sale of butter.' ; Mode of Campaign. ' -"--' Before ( the -Summer ot . each- yea!r, the petition continues, the large, cen tralizing 'concerns , send representa tives throughout the butter, producing area, contracting with small manu-. facturers .for their : entire season's supply based on the figures of the El gin board usually .one-half cent' high er4 than, the "Elgin price. ' : Vast quantities of , butter are thus purchased from farmers and others, it Is said,'byvmembers of the defendant association. " ' " ' - " ' ' VJrit, therefore,",, the -X petition ? , de-. Clares, 'the.-price.'flxed? by. the?sElgin board should " fall below the . j.real'? eco nomic price : of, butter,"- as fixed by the law." of -i supply ' and ' demand, C. the profit' accruingfrom the correspond-" ing' drop In contract prices - goes to the large centralizers ; .upon ; every pound of butter, which had been pur chased ;in advance -' under contract based upon- the Elgin price.". t The system by , which the price of butter is fixed is not generally known to the widely scattered producers, ac- Mm DECEMBER 14, 1912. NEVS OF THE DAY : iFR0r.I GASTONIA :..r'. "."".!.-, '..W . f, f ,'"..'..:.'. " tlr, S. L Hoore Is Ssrlcasly IU IFork Progressing Oq Soothero Station-Other Notes - Chronicle Bureau, , " Gazette, .,BuUdingC';, r Gastonia, Dec. 1A,' Mr. T. E.- Moore, v ; president and treasurer of the Uoray Mills, is crit ically -ill at the home of his brother, Mr. Andrew - E. . Moore, assistant treasurer of the. mill: here. He has been confined vto his room for several days and his condition took a turn for the ' worse yesterday., : Mr. Moore is also president and treasurer of the Gaffney (Manufacturing Company .Gaffney, S. C. and the Tucapau Mills, fTucapau, . S. C., arid is closely ldenti lied with several other mills. ,7 He- Is (recognized as one of the most prom inent and successful cotton- mill men in the Carolina; He resides at Tu fcupau, S C, where- he Jhas a large farm buti comes' to Gastonia on busi ness almost every : week and was tak en , sick while , on Jone of these trips. He is suffering f from a complication of diseases and his physicians are very apprehensive about his , condition.'. -I Things are , lively around the Southern passenger depot : site. Mr. P, R. Huffstetler,: who" has ithe -' con tract to excavate" for the new" depot and - to grade for the moving of the tracks about ten feet northward has a large force of hands on the job and Is literaUy making the dirt fly. Mr. C. C. 'Muse,' representing the contractors; Messrs. George Leigh & Co., of Lou. isa,'Va.;,is on the- ground and ; has a force sot hands busy, building storage and tool ; houses and unloading and sticking ' lumber, brick, cement and other bu ilding material. . Mr Leigh himself was here the first of the week looking over the situation and getting a lins on - the work. With favorable weather conditions the actual work of constructing 'the building wjll soon blunder -way. ; . -" ; ' V . '-. s Yesterday jnorning the final touches Were iut n th"' restoration of the lo $al 'hqn system 5f' the Piedmont Telephone, & - Telegraph . Company which was badly damaged about two weeks ago5 when a highly-charged trolley wire of the Piedmont Traction Cofpany came., in contact with . one of the ;phone cables at Franklin avenue and South street .., About six hundred phones were put; out of business but Manager Babington got on : the . job at . once, secured a ;,burich fo experts imedlately and has kept them contin ually oa the jump until the work was completed. Everything is now In first class shape and : the service Is good- The damage was quite heavy, though not so extensive as was feared at the time of the accident Up to the present the sale of Red Cross Christmas seals in ' Gastonia has been considerably under the mark set by the sanitary committee of the Wo an's Betterment Association,, of which Mrs. D. R. LaFar is chairman. Mon day afternoon a committee of children from the Central graded school made a partial house-to-house canvas of the city and sold only $38.40 worthy The sales at . Torrence-Morrls . Co.'s and . the Woman's Exchange In the library have been exceedingly small. Gasto nia' s allotment of seals was only 10. 000 ' or 100 worth. This : amount should be easily disposed of. ; Winston Salem, KInston and numbers of other towns" in the State have already dis posed : of several times that number and are calling for more. Every bit of the revenue derived from th$ sale of these little seals goes toward the fund for J fighting - tuberculosis", and three-fourths of it remains here. Ev erybody should use these on their Christmas packages and letters.- CHESTER WOODMEN , ELECT OFFICERS. .. . . (Special to The Chronicle.) - . -v ' '. ; ' :. i CHESTER, - Dec. 14. At a special meetingof the Cedar Camp," No.: 15, Woodmen f ,- the World, the following officers were elected for the ensuing year: Dr. - W, . E. , Anderson, C . C,; T. B. Ralley, advertising lieutenant; W. T. Henson, banker; ; W.' L. Fergu son, - clerk; J. " J. Worthy, escort; L. H. McFadden, watchman; A. S.:Rich ardson, sentry; Dr. Harvey E. McCon nel, IDr. W. R. ; Wallace, Dr. ; W. B. Cox ancr'Dr.' H. M.v Ross, physicians, and Mr. W. H. Quintoh, master degree team." ' ' " " ' ' ' ; cording to v the- petition, ' but on ; the contrary- the - price is published throughout 'the United States in news-, papers and otherwise without accom pariing. statement ofhowithe.'prlce; is determined ; and- readers, of quotations tliiis published", and particularly : f arm- ers; and 'Other small -producers of but- I ter arid - sellers ; of butter fat,r are led to peueve mai iiib price quuiauons are prices established by actual bona fide sales and purchases ', of butter in open i competition upon c the Elgin board-" of. trade.", k. ' ,, , , ' ,, ' The , alleged combination and t con spiracy is ' said to have -been formed some fiveyears ago." FAQLIEQS ARE BACK FCOHI CONVENTION President Barrett Urged .Heeded Rofcra In His Closing Speech ' - Tlmrsday , . , - Mecklenburg delegates to ;.the State convention ' of the Farmers' , Union have returned to the city, apparently profitediby- the wdrk of the sessions. The 1 convention I was favored by the presence of Mr. C. S. Barrett, National president, who made a stirring' speech to J the 'Carolina -farmers at the clos ing sessions held Thursday afternoon. In it he" urged that North Carolina' go forward) and be the pioneer State In establishing, a system of j co-operative farmers' loan" associations and of rural credits, a ; system that would enable farmers to secure money on long term periods .s is done by other lines of business. -. - - , " s- . President Barrett, in his remarks, which were " received ' with great" ap proval, declared that it would" be be fitting North ' Carolina ; to. be the pio-. neer in enacting into law a measure for a system of farmers co-operative loan associations," and of credits,'' that its position in taking the initiative in other' things showed . that it-could do this In such a -needed work. "North Carolina can be the leader, he de clared. Tt should be ; the. first to es tablish a rural; credit system ; and co operative . bank. The incoming legis lature ought to make the start It is no - use; to say- that ' it may be - left to the next generation. Now is the time to i begin so as to - give ; something to the next "generation. Pass a law, to establish such a system and if; there are defects found , later it can - be amended. " The commission ,to ' visit Eurqpe in the Spring .will .bring back information . of .value ; on this subject and it can be used i In future : legisla tion. O We:, are ' going to;'get a, rural credits system in "' this c: country and it will"; be fine; for North Carolina" to point the way, to be the, leader. ' The thing to -.do isi fors the : Legislature to get to ;" work -when, it' meets ana not to .await the-.action, 'the' approval, 1 the5 consent of any one. - Let It" do some thing that: Will benefit the great farm ing population of the State." ANNUAL REPORT OE THE COMPTROLLER OF THE : CURRENCY v WASHINGTON, Dec -14.: Businegs in general, as reflected in the condi tion of the banks of the United States,,, has ' shared in the country's prosperity, according to Lawrence O. Murray, Comptroller of the Currency, in - his annual report made public to day. , a The banking power of the nation, represented by capital, surplus,, prof its, r deposits and circulation; reached during: the years the enormous total of 122,548,707,000, a high record, showing- an increase of 5.69 per cent over 1911 and 27.8 per cent "Over 1908. Since -1900, the banking power has increased 111 per cent, or more than doubled. During the . last twelve years, : the number of banks has in creased by over. 1'07 ' per N cent and their volume of business as indicated by: deposits shows an increase of over 127 per cent " ; , , The comptroller's report consists of a mass of statistics with analyses, most of which previously have . been published. - In connection with the rates on money, which recently have been soaring, the Comptroller simply ob serves that the rates were normal up to 'August with a tightening of the money market thereafter. . : - ; According to the last condition re port '. September , 4, the Comptroller points out that New York and Chica go 4 were slightly deficient in . the amount of their legal reserves and St Louis ) slightly excessive. Banks in the major portion of other reserve cities were also slightly deficient, but the country banks maintained an ex cess of the legal requirements.. Less than 70 per cent of the , total amount of national bank notes which the national r banks might circulate under the law has been issued. Based upon ;T'the- September 4 " report the banks -might Increase their circulation by $321,927,060, Mr. Murray says. - The national banks, the report - in dicates, hold over 80 per cent of the bonded debt of the United States in the way of security for circulation and public deposits and as investments. During the fiscal -year 191 2, the "na tional v banks paid dividends - aggre gating $120,300,872, or 11.66 per cent on capital and. 6,93 per cent on capi tal and surplus combined. . - The' net earnings of $149,056,603, were equiva lent to 8.59 per cent ; of the capital and surplus. During the last 43 years the banks have paid an average an nual dividend of 9.17 per cent on the capital stock. Eight national banks, with an ag gregate capital of ', $1,1 000 00, .failed during ? the year - ended ! - October 81. While eighty-three national ;: banks, with an aggregate capital , of $21,605, 250,i were; placed in voluntary liqui dation. ; - ::" -; ' ::;, , ...... -V;;-r-r- -:: AMOT,. China, Dec -14. Serious disorders have broken out again at Hinghwa, . north ; of the city, in the Province pfFukien. A force of 600 Government troops has been ' ; dis patched there to suppress the disturb ances. Only recently the rebels in flicted a severe defeat . on a detach- 4 znent - of Government - troops. PRTf nrm rrRicT s on Trams Cents TODAY'S NEVS OF CHARLOTTE Happenings 0! The City Sketched In Brief As Seen By Tbs Chronicle Reporters Mr. Walter S. vCroker, who was formerly connected with the Observer Company, but wh -j has for some time, past been ' living in Pittsburg, Pa., is in .; the city on his way to Lancaster, S..- C, where he goes to take . a" posi tion with The Lancaster News ? -George Damerel, , , remembered) here as the ' Prince in "The Merry WidOW." ia Htflrrlne" ' In TVia ni.M. Breakers," which is appearing; hero1 for two performances today, matineei and - night" Th crowds - promise d to-' be among the largest of the seasons Manager Otto 'Haas has mada plans for -a rearrangement of thet Theato moving picture place and. proposes to have early in the! year one of the most " commodious . and ' convenient theaters in the city, f Sew eral - thousand -dollars :will be exW pended on the renovations which are; held in mind..--- '- - ' -The Baracas of Pritchard Men morial Baptist Church : were given as--banquet - at the Young Men's Chris-i tian Association . hall last night .-, ire celebration of the close ' of a success ful campaign for 100 new members Several addresses of a highly interest-i ing . character ; featured the occasion making it one of profit as .well as pleasure. : .Mr. tF. G. .Byrd, : who has been, spending several days in the - city, along with Mr. H. H. Barker of Gar-i den City, N. J.,. laying: off the; pro- posed'golf. course in 'Myers Park, re-" turned to his home at Atlanta last night but will probably . return5 next week to be present' at the meeting , or the; stockholders" of the 'club when; the question of removal Is to be sub-t mltted for final eettlenent y i i i ( w- All members of the Camera Club of the .Young Men's Christian Associa tion are requested to keep . In I mind ' the meeting of the : club ? tonight vat 8 o'clock. ..The ' meeting -is called for the. purpose of making' definite ' ar rangements for the calendar contest which is to be put on during the clos ing weeks: of the vear This-centeat- idlff'ersf.frotn -those that KaVe be'etf Hetd' in the past as it will call for the artis tic ability of the contestants as well as their photographic skill. r ; y "-Every woman of the city should, hear : Rev. , J. G. ; Kennedy at the Young Women's Christian Associa-v tion vesper; service tomorrow after noon rat 5 o'clock. VEbir and Geri aim" will be the topic of his talk and if the promises of the . first of . the-, series given last Sunday arfi carried out this talk will be a splendid and! most helpful" one. : The service; is at' 5 o'clock as usual and all women of the city '; are ' cordially invited, i Th third and last of the series will be given v on the last Sunday in the new year. ' ; ' .j : . . ', Regents of - the Barium Springs' Orphanage met in the city yesterday, and re-elected officers as follows: Dr.c William Laurie Hill, editor of the orphanage paper,- , The . Fatherless Ones, was re-elected editor. Dr.: H. G. Hill of MaxTon, president; Dr. C. M. Richards of Davidson, vice presldenti Rev. Dr.. D. I. Craig , of .Reldsvllle, secretary; Mr. W. T. Walker, who was elected superintendent in May, was re-elected and t also made treasurer 7: Mr. O. L. Clark 'of ClaTkton, Mr. James R. Young of Raleigh; Rev. W. R. Minter of Lincolnton, Mr. O. ' M. Smyre of Gastonia, Mr. P. M. Brown, . Mr. J.-'C. Steele and Mr. W. H-sBelto of Charlotte were elected as directors of the orphanage. ; . . - BELIEVE AMERICANS ARE DUE INDEMNITY FROM MEXICANS: WASHINGTON, Dec 14. Twenty three Americans, who were wounded or whose relatives were killed 1 - or wounded by shots from beyond the Mexican border in April or May, 1911, should receive indimnitles aggregat ing $86,000 from the Mexican gov ernment, according to a : report to Congress by a commission of army officers authorized to investigate the cases. : All claims of Mexicans' , in 1nrA(f":ftn 'American soil by bullets from Mexican revolutionists or Fed erals were aisapprovea. . ... The commission reported that Law rence F. Converse and Edward M. Piatt Americans vrhp were captured in the United States by Mexican Fed erals,x were not entitled to ' indemnity, although the'; Mexicans committed an international wrong ' in crossing the border. ' Converse and Piatt claimed $50,000 each. - The following claims : '' were ap proved, the amounts, being reduced in each"; Instance: ' i- 1 . For injuries at El Paso, Tex., Adolfo Varela, gunshot wound to daughter, $3,000; Virginia Moorehead, ' ' m - . 1. ,JI,rt9 AAA. Vni wounuea uiruuga uu , ,vvv, auuu- $1,400; Edward G. Heaton, wounded tnrougn leg, ,vvu, wna vii imiu, husband killed, $15,000; A.: R.' Chand ler, son killed, $12,000, . . . For - injuries at Douglas, Ariz., TCmma. Larson, personal injuries.. $1.- 000; Elmer E. Crowe, shot through body, $5,000; Francis F. Williams, shot through ; body, $5,000; John W. Keate, shot in foot, $4,000; Joseph TXT TTorrlncrfnn hi-ntbai- lrlllArl '','11 K . 000; William R. White, leg wound, I $2,000. ... ' .1
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 14, 1912, edition 1
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