Newspapers / The Raleigh Times (Raleigh, … / Nov. 17, 1906, edition 1 / Page 1
Part of The Raleigh Times (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
SECOND SECTION. PAOES 9 TO 0 THE BALEIGH EVENING TIMES VOLUME 27. RALEIGH, N. C, SATURDAY, NOVEMBER 17, 1906. PRICE 6c srsfsf HARK NOW TO THE HONK OF THE AUTO BANK'S HORN Fall Leased Wire Service of the Associated Press. Leads all North Carolina Afternoon Papers in Circulation. (Special to The Evening Times.) (By LONGAORE.) New YorK, Nov. 17. The famil iar "honk honk" of the automobile horn will no longer necessarily mean to the New Yorker "look out for your life." It may mean simply that the bank is coming, for the very latest thing here is the auto bank. When a certain financial institution announced its intention to keep open day and night in order that patrons who wanted to make a deposit or cash a check somewhere along in the wee sma' hours might do so, old fashioned and conservative residents were confident that the limit had been reached. But 'they did not reckon on the auto bank. It is not as might be thought from its name, a bank where things are done auto matically, but an automobile bank on wheels which will call at the res idence or office of a customer to re ceive deposits or cash checks, the presumption being that New Yorkers ln the flood tide of prosperity aie too busy raakins money to stop even lo bank it. Each depositor who ie- BM6 to patronize thin gasoline bank H provided with a metal dispatch pcx, to which there arc only iwo keys, one? in Iil.-i possession and on.; tvith the receiving teller of the bank from which the auto is sent out. When the. auto bank calls the cus tomer simply hands over his dis jiatcfc box. receives a receipt for -, md sees it placed in the safe in Iho auto bank. On the next trip the box 1.1 returned to him. Likewise if he wishes to draw money for a pay roll or personal needs, all lie has to do is to telephone for the auto hhltk to come around his way. Col lections! and disbursements are to be made in the territory from Four teenth street to 125th street, so that a large amount of ground will be covered. Doubtless the next best thing to owning an anlo will be to patronize an auto bank, in order that an imposing machine may be seen occasionally standing in front of one's door. Patrons, however, are not aiowad to ride, the only oc THE IN cupant of the car being the armed driver and messengers. m It has come to the point now where it is necessary to tie down New York's sky scrapers to keep them from blowing away or at least blowing over. In the past with the ordinary building of merely twenty or twenty-five stories, its weight of several thousand tons on each square yard of ground undet it was thought to be sufficient to hold it steady against all the winds of heaven, and consequently no pro vision was made to withstand an up lifting strain, since it was figured that nothing would come along to lift it anyhow. But with the coming of the new skyscraper mat ters are changed. Already two buildings are under way which will tower into the smoky atmosphere 030 and 625 feet respectively or something over forty stories in each case. On a building of this sort the wind pressure will be enormous, os pi:lally on the uppsr half which svil) stand out naked and unprotect ed by the surrounding buildings. Therefore it has been deemed nec essary literally to tie them down by means of a new device employed for the lirst time in the history bf con struction in (his city. An Ingenious arrangement of three and one-half inch stoel rods is to be employed which will ha embedded to a depth of nearly fifty feet in the concrete which forms the caissons resting oi. the solid rock eighty-live feet below the curb. The rods, four in num ber, are made up or ten-foot sections: each with a giant anchor on the not-. torn, converge at the street level and running up into the columns of the building for a distance of five hundred feet where they are bolted into position. The strength of these rods is ample to conteract the effect of the most severe storms. But if the buildings cannot move, some people are wondering whether thei day will come when the island villi move instead and cruise out into BEST RECORD EVER MADE The Security Life and Annuity Company i v0F GREESNBpRO, NORlff CAROLINA, j Made a Net Gain in Insurance in Force in North Carolina in 1905 of $2,360,000.00. This is more than 20 per cent better than the highest net gain made by any other company in one year in North Carolina. The greatest net gain ever made before being $1,945,579.00. Many of the older well-known old-line life insurance companies do not make a larger net gain in the whole United States than The Security Life and Annuity Company made in its home State in 1905. ITS OWN HOME THE SECURITY LIFE AND ANNVII Y COMPANY wrote more new business in 1905 than eight of the forty-one companies licensed in North Carolina wrote in the whole State in 1904. Truly the statement that "a prophet is not without honor save in his own country" does not asply to this progressive home company. CONSTANT GROWTH INSURANCE IN FORCE DECEMBER 31ST We can. save you money and at the same time use the money paid for Life Insurance in North Carolina to turn our own wheels of industry. J. VAN LINDLY, GEO. A. GRIMSLEY, , C. C. TAYLOR, President. Secretary. Agency Director. KLVTTZ & SLOAN, District Agents, Raleigh, N. C. the bay using its skyscrapers for sails. m v w One-third of all the passengers on steamships in the United States are carried on ferry boats across the North River. No less than 107. 000,000 people cross from shore to shore of this busy stream every twelve months a number greater than the total population of the United States by at least twenty-live per cent. During the most of the time 194 ferryboats are busy carry ing back and forth 1100,000 passen BR ,'Sf 3 11 H BH iisra390 BBMPSsSBBBBnfifllll B i&t bp 0u Is sbRcI BuaNai H9rVal Members of Order of Railway Photo by Wharton & Tyree. 1901 1902 1903 1904 1905 Net Gain in Insurance in Force 1905 New Business in 1905 Insurance in Force in N. C. December 31st, 1905 gers a day, which is equivalent to saying l hat about 32 boats are al ways crossing this stream al once. This is likely to be the top record which will be looked back to In fu ture years when the ferry boat i.-; almost a curiosity. The tunnels will take care of most passengers tied the growing desire to clear up the North River in genera! will do away with the present congestion. Already a project is well advanced! to do away with the anchorage grounds on the JereeyBjde of the North River, in order that the dock Conductors who licit! Annual Meet ins ing facilities in that territory may be better utilized. The truth of the whole matter is that New York is beginning to realize that her water commerce is not all it might be. Not only are other ports gaining in Importance daily, but developments are proving that the harbor here needs a lot of improving. Some de tiniie plan will undoubtedly be de cided before long, since New York is expected to send a strong delega tion to the convention of the Na tional River and Harbors Congress in Washington on December sixth in Raleigh last Sunday. IN NORTH CAROLINA! $ 601,800.00 1,477,000.00 2,040,900.00 3,086,100.00 5,936,100.00 2,850,000.00 3,257,200.00 5,284,100.00 . and seventh, when the national pol icy toward water transportation is to be conisdered in detail. Much hope is felt here that this conven tion will result in definite measures ' for good, for with her own situation ,' as an object lesson the city realizes i that the time for temporizing is past. 3 m A real Fagin, who like Dickens' character, made a specialty of train ing boys to steal, has just been dis covered in New York, and with his discovery has come a flood of infor mation concerning his habits and methods which show them to have been as repulsively interesting as those of his prototype of fiction. Stein, the real Fagin, taught pocket picking in his school which num bered nearly a hundred pupils, from which boys were regularly gradu ated when they showed the required amount of proficiency as "dips" or pickpockets. The training was no: theoretical either, for In school when it was raided was found a complete equipment for the educa ion of "pupils." There were coats hanging oh dummies in which bells were concealed, and woe to the lad who bungled his work and jangled one of these signals. Various other clitriiiilie;' furnished varied training ad :tsi lite boys grew more prob lem they practiced on Stein or among themselves. r- ourteen-year dd Hyiiian Grossman, who after be ing arrested, gave information vhich led to the discovery of S'.ein's school, posed as its star pupil. "I was c o only one de boss would let work wid him on de street," he said boastingly. Three or four times a day constituted his work on the streets with Stein, his rate of pay being 10 cents for each watch and 15 cents for each purse captured. After this as he naively admitted he generally put in a few hours on his own iiook. With the paying oft of election bets the last official transaction of the campaign is closed. The . big black safe in the Hoffman House yawned wide this week for the an nual "dough day" and the 9860,200 locked up in it for weeks pending election was distributed to those who backed Mr. Hughes. The amount in the safe which is annual ly made a repository for such money represented some 600 bets, or some thing like 1,000 less than last year, when the money total, however, was one-third less. This fall bets ware for considerable amounts while last year there were many of 25 and $50. The Hughes-Hearst bets were made at odds all the way from 2 to 1 to 6 to 1, and the bets on Hughes' plurality ran all the way from 40, 000 as the lowest to 125,000 as the highest. There was a general air of cheerfulness apparent all during the distribution of the two-thirds of a million dollars, chiefly perhaps . be cause the crowd was made up of winners. One man when asked what he expected to do with the roll he had won announced that he in tended to found a society for the suppression of election betting. New York stand helpless before the octopus. Her last defender is gone and the "system" stands free to do as it will. At least that is tir? opinion which prevailed In many quarters here when it was learned that Thomas W. Lawson had by a simple fractional transaction become the property of the Standard Oil Company. The general apprehen sion has been somewhat relieved, however, by the announcement that it was not the author of "Frenzied Finance" but instead the gigantic seven masted schooner named after him which had been acquired by the trust. But many see in the trans action dire hints of what may fol low. This schooner like so many other ships built in New England on the co-operative plan was named after the perscm subscribing for the largest number of shares. To be sure Mr. Lawson doubtless sold his holdings long ago, but the Wall Street' followers . who play hunches refuse to be. convinced. m
The Raleigh Times (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 17, 1906, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75