'VT ' "l
HALEIQUN. MONDAY EVENING, NOVEMBER 30, 18D6. ;
t3.00 PES YEAR.
AGAINST liid N. C. LEASE
Gov-Elcct Russell. Y Licks
Butler Over the Head.
REGARDS TO
DOCKERY.
Judge HossellGlvee Ola Vie we and Out.
lines HI Policy Not for the Gold
" ' Standard Oppoees a Nona . .
Carolina Leaae vs. '
The Wilmington Messenger pub
lishes the following very Interest
ing and Important .interview with
uor-J!iiectKusM,ut'S;', t.;rs
What do you think will be the out-
come of the senatorial contest?"
. "IhopePritchar$-Ulbe elected.
What will - be the. chances' for
Guthrie and lmkirifJ&l:$&
"Neither of, theaxwill have any
showing because neither of them can
ever get anything : but democratic
votes.. The : democratic members
might swallow Dockery but be will
be an awful dose eyeh for them."
But Dockery " says "he-, was eo'ni
- soientlously for silver and would
have refused the republican noml
nation after the St. Louis convention
declared against Silver ::f t
"Yes. And. be Was fool enough to
think that somebody would believe
,. him! Before the republican conven
tion he was pretending" to be for
Allison an anti-free silver, man, for
- president f But after the republican
convention turned,' him" down, then
he was sostrong for silver. -that he
could not support .. HcKlnleytt No-
' body ever heard 'of his; being for
, " silver till Butler "picked him up and
ehunked(uii'tthe'iii.b'jcanpar
' Butler thought that was great poll'
' tics. .- By it he-was going to disinte
grate the republican party, give Rus;
?.: 8ulla8hakinague'.'and"skeer'Eiun
- so bad that he would come down in
- favor of the populist candidate for
- governors "Spout went old Dockery
"a snortin" through the,., woods,
- dishing out . exploded inveracities
about Russell's' buying the i repubii
. can convention and about hiar knifing
the republican: ticket in 1883, and
- appaHg49 repiblicans tojrote for
Bryan and Guthrie and free silver.
(I hear that he voted for Watson and
, I believe' ltK .Eyerytime' Docker
opened " his lead he rallied the re-:
publicans to Russell He was about
the cheapest :help "any 'body eve
had. He could not have done better
for me If I had him on a salary and
'. fae had honestly tried to earn it
Butler's bjartmanagement resulted
in forcinlipdn;Tis party a worth
less ;"hulk';that theyj were and are
: ashamed of Tand In solidifying the
republicans so that in all the state
there was,' scarcely! one :, vote, not
even his own, which left us to follow
Dockery.;; Butler thought, be - was
loaded 1 And he fired. He "busted"
, his gun'but didn even "flusnV the
" game. , However.'.BuUerV case Is
not hopeless, - He is young yet.
. Besides, his follies have not sprung
vrnn treachery but t roni a laudable
purpose to advance' his own party,
I believe that those republicans are
' In error who; think that Butler is a
h general who " wants - to betray bis
army by leading "them back to the
enemy's camp for capture,' condera
. nation and . execution. I believ e
that he is sincere1 in saying,' as he
does say, that North Carolina must
" not be turned backwards to be run
' " over by the democratio machine. !;
Why was it that you did not reply
1 to Dockery s attacks on you during
the paigni,?;;
' "Have I not already told you that
I wanted to keep him going T Be
sides it consumed too much time" in
a speech to take up in detail his
, stupid falsehoods For example; he
said that my brother Thomas' B.
Russell went to his house in 1888 to
get him to support me lor governor,
In this there was not one word of
truth.' It was well' known that
would not accept the the nomination
for governor or anything else In
18S3. because I wanted to head off
tne democrats by refusing to run
. state ticket in- that year. -The re
sult showed that I was right, ' He
said that I bolted the ticket and
caused his defeat for governor. The
truth is that I supported him and
the whole ticket. -1 quit my private
business and lost several weeks in
tbat campaign, paying my owo ex
penses, as I always have. Time
was worth something to me. My
yersonal earnings have- not been
conC ..d to beating confiding friends
by borrowing tlieir money and pay
vi t'..t. i la bankrupt notioes or
n!, ; crate compromises . I have not
f " j vcd the profession of office sock
icg foi2Utving, Indeed. I have
never held an office that did not in
voire a pecuniary loss. .. Yea, iu 1888
I bowed to the decision of the party
because of my devotion to its prin
ciples-,"! - j ; '
They say you ohangod your ground
on the silver question after the St.
Louis convention T, t-
r "I do not claim, absolute con sis
tency on that However,. I said time
and time Again in the. campaign that
I did not agree with the St.. Louis
declaration in favor of the gold stan
Will you. give your views' with
regard to. the lease of, the North
Carolina railroad and the Atlantio
and North Carolina railroad? :
'.Yes, I have opinions as to both,
but they are not the result of close
examination and mature thought
If anybody can i convince me tbat
they are erroneous I will change or
modify or confess error, " The State
owns three millions out of four mil-
uons oi me; capiiai swck oi. me
Worth , Carolina railroad. . Unlike
most railroads there is no. mortgage
or incumbrance on1 It ' ..To raise
this three millions which, the State
paid for this stock, it issued its own
6 per" cent bonds and pledged the
stock as collateral to secure the
bondholders, There, are now out
standing of r . these bonds about
twenty-eight hundred thousand dol
lars. V In 1872 this railroad company
leased Itself to the Richmond and
Danville (now the Southern) Rail
road company for a rental of 6 per
cent on the four millions of stock.
By this the State got' 6 per cent on
Its three millions and the'' private
stockholders 6 per cent on their one
million. , So that for twenty years
the state has" been receiving $180,000
a year for. its stock and, paying out
168,000 a year to the bondholders,
leaving say $12,000 a Tyert$' of
which, I presume, there have been
some expenses paid by the state; so
that substantially the state has been
collecting this rental with one hand
and instantly paying it out with the
other; leaving little or nothing for
its treasury. This" North Carolina
railroad is, or ought to be, one of the
best railroad properties in America,
The lease expires ' shortly after the 1
year l"t00, The. Southern railroad
company feas ts main steWiaYirglnia
on our jiorth, and thousands of miles
of railroad to the south of us. Tbis
concern is capitalized for an enor
mous amount 'of money and hun
dreds of millions of its "securities1
are held by milllonares in New York
and.iIa)ndon.When these , million
aires" reorganized' the "Richmond
and Danville" and converted it into
the ''Southern they knew that their
lease on the North Carolina railroad
was about to expire and ? they took i
their chances of buying it, 'or of ob
taining a new lease, or of making
themselves Independent by parallel
ing it from Greensboro to Charlotte.
They have not paralleled it and, if
our legislature is equal to Its duties,
they will not be"fallewed - to do it.
Soon after the -adjournment of the
last fusion legislature, these rail
road kings obtained from the pres
ent deaiooratio governor a renewal
of this lease for. ninety-nine years,
agreeing to pay some Inconsiderable
amount in addition toj that which
they had been paying. " If XI had
been governor, I would have said to
these princes - of plutocracy a' few
plain and simple words. Now, gen
tlemen, you own the Southern rail
road company .'-.You have got un
counted millions in it, behind it The
North Carolina railroad is indispen-
sable to you,. You cannot live with
out it unless you parallel it. North
Carolina ia the owner of three-fourths
of this property. ' In this case, it so
happens that the owner is a sover
eign power to protect and enhance
the value of its property which be
longs to its people. You shall not
parallel it. If you try it I will have
a legislature here; in f this; capitol
which will stop your operations be
fore you ever lay a ray. ..The State
does not want to operate this rail
road. We do not want it in politics.
We need money for the schools and
to lower cur taxes.' .We are willing
to sell three-fourths of it to you- But
you have cot to pay for it You own
this great chain extending from the
waters of the gulf to "the Potomac
and the Chesapeake all of it except
one link in the middle. ; That link
is ours. It Is the golden link. With
out it the rest of your chain is noth
ing but Iron and some of It bid iron
at that Your crowd is all forgold.
This is' one time when the people
have got a piece of gold. - You need
it. You have got to have it You
cannot live without It You can I y
it at our price. If you do not buy
It, we will break your chain and
then you can sell your part of it for
old iron ; Now take your bhoioe.
Buy or 'bust'V Here are the terms,
You retire the' State's obligations
on its bonds to the amount of $2,
800 and gire.us about two and a half
millions in cash in cash and .our
three-fourths of this ; property ; is
yours. ' As to the other one-fourth
(which largely belongs torich peo
ple, many or most of whom, are non
residents) it is done of my business.
When you get three-fourths you get
control of this railroad. The "high
ly respectatble'' and "highly toned"
methods of - corporate management
which prevail in what you are so
fond of callingthe "business world,"
will authorize you to wreck .this
minority stock. You can swear that
you - will not do it untiTyou? faces
are as red as an anarchist's banner)
but in all this land there is not one
man of sense who .will believe you.
We know that when "you get three-'
fourths of this property "you will
have, for all practical purposes.
four-fourths of It. : You are ' really
buying . from us not three fourths,
but all of it " You will so' manage
the road as to pay; nojdivldends to
the private stockholders. '-You will
run do'wn their stock on the market;
and ultimately, you- will buy them
out at nominal: prices, t That is the
'genteel", thing. ; By these , and
cognate methods you; and your pre
decessors have acquired wealth to
an extent that should be beyond the
dreams of avarice. Up to tbis time
jurists and statesmen have invented
no way to prevent such Iniquities.
It ia not my business, as the ; chief
servant of the people of this state,
to, so manage their property as to
enhance ,the ' value of the property
of private individuals, 2 have noth
ing to do With the minority stock;
Its owners are entitled to the same
equal protection of the law upon this
as upon any other of their property;
their cattle or lands or factories-
no more- If they happen to be tho
owners of a species of property
which Is liable to be eaten up by the
cannibals of -Wall ; and Lombard
streets, it is no concern of ours save
in so much as they may be entitled
to receive from us that sympathy
which ought to be common to men.
"Instead of saying this to the
owners of the Southern rail way sys
tem, our Democratio governor gave'
away this splendid propertyto these
multi-millionaires . on substantially
their own terms and, if the lease is
sustained by the courts, threw away
the chance to turn millions of dollars
into our treasury.. And he stands
for the crowd who for twenty-five
years have practiced biennial hyste
rica over the mismanagement ' of
their opponents.", .
"But has not the North Carolina
railroad been already leased to the
Southern, and is that not an end of
the whole thlngf c
fit is tot ended. The Populist
party, in their State convention, de
nounced the lease and demanded
that the legislature should investi
gate it and take steps' to cancel it
The Farmers'' Alliance have made
the same declaration. TJnlesa I can
see that I am wrong in my views of
this transaction, I shall advife the
legislature to. adopt measures look
ing to the cancellation of this lease
and for the restoration of this prop
erty to the people." If the courts
shall hold that the Southern Railroad
Company- has acquired a vested
right - then their lease must stand.
Vested legal -rights must be pro
tected even though they be, in good
morals and in justice, vested wrongs.
This principle is essential tj the ex
istence of civilized society.
:VA to' the ' Atlantic and" North
Carolina railroad, the attempt of the
present 'democratio administration
to lease it to a Wayne county corpo
ration will, I presume, beabandoned
if it be true that responsible parties
are now offering a better price. As
I understand it, the Goldsboro syn
dicate are saying that if their lease
is' consummated the stock will be
worth $40 a share on the market
If this is so, or if they believe it to
be so. let them offer $35 in purchase
of the stock which belongs to the
state and to the counties. . It' seems
tp me that the state would be glad
to Bell its stock .for about $400,000,
provided the stock held by thecoun-
ties is taken at the same price. This
would take the railroad out of poli
tics' and the politican who for twenty
years 1 have enjoyed it in politics
would be happy beyond the dreams
of poets. ' ' ' "v'
- "Of course I know that this talk
will shock soiiip goody-goody, folks
who think that a "governor '. ought
not to descend close enough to the
earth for plain speech. - But you see
I am only a plain citizen now. Here
after I- may call up some of the
"truly good," the "Ronl" as Cicero
when he was playing politics on
their side delighted to call them, in
order to take lessons from them in
ditrnity and snobbery.
- "I want you to add that I do not
mean to impute any corrupt motive
to Governor Carr in these transac
tions." . -
POPULISTS NOY PLEDGED
Ayer Sij,ys There ia No Agree'
ir.-'mentas to Senator, J
v 1
WITH
REPUBLICANS.
Baa A letter Front A ktpabllcaa Mm
. bar of tlM Leglalatnr Who Will mot
" ot for PrlteMrd-'-Bolton Said
J" To ltriftinf.-
Senator Pritchard is not bo sure of
a re-election by any' means. Mur-
merings of dlsoontenV with the r
publican Senator ar 'heard Inside
the party. Holton iavsaid to be on
the verge of flying th track and to
day Chairman Ayer jmade the Btate-
ment that he had a 'letter from a re
publican member of J,he legislature
who said that he would not support
Pritchard. He further said that he
Would support the-populist caucus
noBiinee.' ; :'4 . ? ' '
Chairman Ayer gave thefollowing
interview to a PskssVYisitob repor"
tor today in regard fo populist sup
port of a republlcad for senator:
"When the' arrangement of fusion
was made between the two parties
the matter of supporf for a United
States Senator was pot taken into
consideration at alt .tls feature
was lefjfree and untramelled with
out any obligation from either party
to the other. , The arrangement as
agreed upon and as carried out was
entered into by fwthf parties with
eyes open and the mos acute under
standing on the; alerfj aud the force
of obligation cannot be plead by one
party to another, g jf '
"It was distinctly Understood that
nothing in the agreement would ob
ligate a Populist to vote for aRepub.
lican, nor that a Bepublisan should
vote for a Populist, and so far as the
election of a United States Senator
is concerned both parties to the co
operation movement all felt free and
restrained in the matter of support
ing a candidate for . United States
Senator. '"'.'
When asked whether there was
an agreement made"; wo years ago
between the Populists; and Republi
cans whereby the Pppulists were to
support Pritchard fo re-election in
return for the Republican support of
Senator Butler, Chairman Ayer said
that he had no recollection of any
thing of that kind two years ago.
Chairman Ayer also states tbat
there are enough silver men in the
legislature to elect a silver Senator.
When asked to give the number of
Populists pledged to vote against
Pritchard, he remarked witha know
ing wink,'There are a plenty."
A NEW DEAIiT
Tha L. a N.
and the S.
1'nlted.
A. I May Be
The .Atlanta Journal says: The
gyratory movement of affairs among
railroads has developed a condition
of apparent chaos from which it is
said a powerful rivalpf the Southern
railway is about to -emerge. A
gentleman who seems to have inside
information on this subject says :
' "I think there is little doubt that
close - traffic arrangements will be
consummated between the Louisville
and Nashville system, the Seaboard
Air Line ana the Norfolk ana west
ern, and I bellve the whole wona
will .know it within thirty days.
Events are moving rapidly in tbat
direction, and conditions, as well as
the course so' far ; pursued by these
railroads seem to . confirm what I
say.".. . - Hh'tM'
This gentleman cited the joint oc
cupancy of tne - magnincent, new
Seaboard depot by the Seaboard and
the Nashville, Chattanooga and St
Louis .railway, and intimated that
they might have some interest in a
belt line which would connect them
with the Atlanta and West Point
railroad and the Georgia railroad, in
both ofwhiob lines the Louisville
and Nashville railroad is largely in
terested.
" There are two proposed belt lines,
one on the west side of the city, ex
tending from -the Western and At
lantio, railroad to the Central and
the Atlantic and West Point tracks
beyond the city limits J The right
of ways for this is controlled by the
Central of Georgia railway, -
The other . proposed line extends
from Edgewood near the junction of
thT Seaboard Air LineTwith the
Georgia railroad,: round the south
east; side of the city, beyond the
Soldiers 'Home to the Central and
West Point tracks' beyond the city
limits, near Dr. Knott's place. The
right "of way for this is owned by
j parties friendly to the Georgia rail-
syille
and Nasb-
vllle system.
litis said that U Southern, which,
through Us lntj? in the Central
atreedy:bas Ifuot over the right
vj wjr r rtf-fca oiuo ueii line,
maaen eff' vcently to get an or
ttoffinjth' a,;ight of way round the
east sW jflad it secured tbis the
ju?twould haveeen master of
the si tji won,; but it appears that the
east side right of way is at the dis
posal pt the Georgia road, having
been secured at its instance.
It - is jsaids 'that i vice-president
Knott of. the Louisville and Nash
ville system, avica-president St
John or president Hoffman, of the
Seaboard Air-Line, and president
MoCorgor the-Atlanta, Knoxville
and Northern railway, will be in At
lanta next Tuesday, i It is said that
some of these gentlemen will proba
bly appear before committees of the
House and Senate when the discus
sion of certain bills affecting rail
roads oome up. One of these meas
ures requires the fencing In of
rights of way by all railroads. At
the minimum cost of fence, this would
require the expenditure of several
millions of dollars on the 5.000 miles
of track within the State. There are
several other bills relating to rail
roads, particularly as to equality of
rates and as to the constitutional
provision against consolidation. It
said that the roads referred to
will have nothing to say on these
subjects.
AN ALB SHIP AT LAST.
CaUforala Inventor's Snecsfol Ex
periment. A San Francisco special to the
New York Journal says:
The biggest problem of tho age has
been solved, . Man has won what
seemed to be his hardest battle with
nature. A successful air-ship has
been built. , Scientists all over the
world are tremendously interested
by tho stories which have bean tele
graphed from here; nearly every
body on the Pacific coast is wildly
excited over he matter.
The story sounds like one of the
romances of Jules Verne, but its
truth is testified to by so many repu
table citicebs that there seems to be
no reason whatever to question its
accuracy.
On the evening of Tuesday,
November 17, many citizens of Sacra
mento, California, were suaprtsed by
the sudden appearnce, directly over
the city, of a startling serial craft.
The peculiar night visitant made its
appearance about 7 o'clock. People
standing on the sidewalks saw com
ing through the sky,' over the house
tops, a huge and brilliant light, pro
pelled swiftly by some mysterious
force. So brilliant was the light
that as it flashed past suburban resi
dences the inmates ran to their doors
expecting to find a neighboring
house in flames. Instead they saw
a wonderful craft of the sky.
It swiftly drew near the city,
sailing evenly to the southwest
Then it dropped nearer the earth
but suddenly shot up into the air
again as if the force that whirled it
through space were sensible to the
danger of collision with objects on
the earth.
That much hundreds of prominent
residentsof Sacramento saw, and it
caused consternation in all parts of
the city, where groups gathered at
the corners until far into the night
listening to the taleof those that had
seen it.
On reaching the extreme end of
the oity the strangeobject, as if care
less of its obligation to maintain a
straightforward course, descended
dangerously near the tall chimney of
the. electric railway power bouse.
The Inventor of the successful air
ship Is Dr. E. H. Benjamin, of San
Francisoo, ' It is, however, sus
pected that this is an assumed name
to conceal the inventor's real Iden
tity.' .','-
; The inventor says he has no desire
to keep-his invention secret after
he gets his patents.! All he wants
is to be protected. As soon as they
arrive .from? Washington,' he says
that he will fly right over San Fran
cisco in broad - daylight, and give
everybody a chance .to see his won
derful machine in a way that can
leave no doubt ia any mind.
.; Last evening Bailey, of North
Carolina, received a letter from
Governor-elect Russell "command
ing" him (to use Queen Vio's ex
pression) Jo appear in Wilmington
for consultation,' Bailey lost no time
in getting himself in readiness and
this morning at 6 o'clock he left for
Wilmington attired . in one of- his
longest coats. . . ,-L
road and the Lou
j TODAY'S' MARKETS. ,
( . ; : Niw Yosk,' Nov. 30.
, Market quotations furnished 0 EL
B. Cuthbert 4 Co., 80 Broad street,
New York, and 305 Wilmingion
street, Raleigh. N. C.', over their
special wire:
MONTHS.
OPEN- HIOH- LOW- CLOS
ING. EST. EST. INU .
7 48 7 63 7 4b 7 60-
r 66 7 6 7 58 7 67-
7 6 7 77 7 63 7 74-
7 79 7 79 7 78 7 79- '
7 73 7 87 7 73 7 84-
7 77 7 88 7 77 7 87-
7 90-
i'ii -j'55 f 7 j'wl
January,
February,
Marco,
April,
May,
June,
July,
AusruHt.
Bept'mb'r,
Qotober,
Novemb'r,
ueoemoer,
. Closed quiet end steady : .al.
The following were tho closing
quotations ou the New York SUxjk
-Exchange today:
Sew York stook Market.
Sugar ii5
American Tobacco 75
Burlington and Quincy 771
Chicago Gas 71i
Dee. and Ct t. Peed
General Electric 291
Louisville and Nashville 49
Manhattan..., 94 J
Rock Island est
Southern Preferred 27f
St Paul.. 731
Tennessee Coal nd IroL 28
Western Union 86
Chicago drain and Provision Market.
Thefollowing were the closing quo
tations on the ChicagoGrainand Pro
vision market today:
Wheat-December, &H; May, 84.
Corn December, 23i; May, 26.
Oats DecemberlSI; May 212.
Pork Deeember,7.00; January, 7.92.
Lard December, 3.95; January,
4.15.
Clear' Rib Sides-Dec. 3.97; Jan
uary 4.02.
Liverpool Cotton Market.
November-December 4.144 s
December-January 4.12 s
January-February 4.11 b
February-March 4.101 b
March-April 4.101 b
April-May 4.11 b
Closed very steady.
A Kara Treat Tonight.
Perhaps the greatest musical at
traction that ?ver visited our city
Will be heard :by "the music loving
people tonight. The Mosart Sym
phony Club is great and the Prima
Donna Contralto, Miss Marie Louise
Gurnaer possesses one of the richest
contralto voices ever heard in the
South. By special request Miss
Gurnaer will sing tonight "The Holy
City" and a rare treat is in store.
The Norfolk Landmark of Saturday
has the following to say of them:
"One of the greatest treats that Nor
folk people have ever been the re
cipients of was given us last night
by tho MozartSymphony Club. This
is the second season that we have had
the pleasure of listening to this
organization. Last year it was good.
This year it is better. The ensem
ble playing of the club is immense,
and the soloists are undoubtedly
artists of the first water.
Mr. Theodore Hoch, the cornetist.
is an artist of great ability, and we
have rarely, if ever, beard a better
cornetist since Arbucle and Levy's
time. Mr. Hoch was for years the
leading soloist of the ' famous
Gilmore's Band. He is covered
with medals from all the leading po
tentates of Europe; also has the only
medal from the Emperor of Brazil,
Dom Pedro. Every member of the
Mozart were encored, and justly so,
for rarlely have Norfolkians heard
such beautiful work.
Seats are on sale at King's drug
store for tonight's performance.
Thanksgiving at Peace Institute.
Peece Institute may well be proud
of the music it furnished for the un
ion service in the Presbyterian
church. Especially fine were the
choruses, "Gounod's Janetus" and
"Beethoven's Chorale," given by
the chorus class of Peace under the
leadership of Miss Enid Smith, the
head of the vocal department. It
has been pronounced the finest sac.
red music ever given in Raleigh.
' In the evening the elocution class
presented the clever farce comedy,
"The Rapid Transit Question." It
was thoroughly well given, and an
swered . the twofold purpose of in
structiou to the class, and of a do
lightfi'l entertainment to a- large
number of friends. Miss Caspar!
gave a reading at the close of the
play and ; Miss; Smith sang. ' The
ability of these two artists is too
veil known in Raleigh , to need fur
ther comment ' " . t
: There will be a meeting of the
Guild of St. Timothy Tuesday even
ing at 4:30 o'clock at the residence
of Mrs. Annie M, barker.
SHORT miQTS.
Minor Matters Manipulated
- for the' Many, v'
AROUND THE CITY.
Pat-Poarri of the Nawe Mataii H ' ;
per Folate aexj PettpH PviMmbiI) 4
Piekea a4 Mthll r ia , ' V
- . .-1- j'-Y
This evening at 7:30 o'clock Mr,
John E. Ray will give a talk to tht
young people of the first BautUt .
Church on Hellen Keller.' The pub
lic is invited to oouie ham him .
Tnomas & Campbell announce- s
big marking down sakr today whioh
all should read in their "special -hew
advertisement. The special Offers -
are made in a seperate advertise
ment irom ineir regular large ad
vertisement. Don't fail to see it
Mr. and Mrs. William Presslev
Webb have issued cards to the mar
riage of their daughter Miss Susie
McRobert Webb to Mr. John Brown
Yarborough, Thursday morning,
December the tenth at the Presby
terian Church, of Louisburg.
Messrs. Wynne A Birdsong. pro
prietors of the popular North Side
Drug Store announce in their new
advertisement today the" proper ''
remedy for colds. Bromo Quinine
tablets will cure In one day. Call 1 '
on them for everything pure and
accurate in the drug and prescrip
tion line.
We call your attention today to
Mr. Frank Stronach's new ad. about
his horse sales which will take place
December 4th and 5th, this coming
Friday and Saturday In this sals
Mr. Stronach says he is going to
have a nice lot of stock which will be
sold regardless of prices. This Is "
certainly a great opportunity to buy
you a good horse cheap.
STATEMENT OF BANKS
03 la the State The State's Debt aa4
Investaenta Glyea Hate,
A' statement of the-condition of
the banks in North Carolina at the .
blase of business on the sixth day of
October was made public today- by'
State Treasurer Worth, The figures
were compiled from official reports
by Chief Clerk Denmark.
The report shows that there are
28 national banks, 40 state banks, 19
private banks and 6 saving's banks
in operation in the state, making a -
total of 93 banks. The total resources ;
and liabilities of all the banks are
$19 958,763.36. The loans and dis
counts are 112,751,056.64, United
State's bonds $968,000, state bonds
$84,817.50, gold coin $541,283.50,
silver coin all kinds, $146,723.32, all
other currency $852,488.10. .
The capital stock paid In amounts
to $5,436,970.04. The surplus fund
$1,157,014.44. Individual deposits
$9,328,856.58. United States de
posits $106,795.68.
The interest-bearing bonded debt
of the state stands, at presents $6,-
080,700.
The annual interest is $297,628.
The annual income to the state from
its stock in the N. C. R. R, Co. has
been, under old lease $180,000; is to
be for six years, under new lease
$195,000; is to be for 94 years, under '
new lease, $210,000.
Under the act to "compiomlse, -
commute and settle the state debt "
$3,360,700 new bonds have been '
issued in exchange for the old valid
debt. To complete the work begun
in this line will require $255,070 to "
carry the new debt to Its utmost
possible limit, $3,615,770. The time
iu which this may be done expires
January 1, 1897.
The state holds, as an Investment,
3,000 shares of stock in the North
Carolina railroad company, 12,666
shares of stock in the Atlantic and
North Carolina R. R. Co., and $136.
750 of the new 4 per oent. consoli
dated bonds. ; i.
. The ' State Board of Education '
holds, as an investment, $143,250 of '
the 4 per oent and $2,000 of the
per cent bonds.
TREASURER ROBBED, j
Bartlara Took tha Money WaUa e Waa
K About to Tare Ova.
By Telegraph to the Press-VUItort
Dallas, Texas Nov. 30. County
Treasurer coe was held up ana roo
bed last night at midnight while
working on his books preparatory
to turning them over to bis suc
cessor. He was shot in the back of
the neck. The robbers secured six
thousand dollars in cash. On was
wounded ' Uluodhnuods are on the
liaek." - - ' .
V