Fall Leased "Wire Service of the Associated Pruss.
Leads all North Carolina Afternoon Papers in Circulation.
LAST EDITION.
ALL THE MARKET
THE RALEIGH EVENING TIMES
6
VOLUME 27.
RALEIGH, N. C., FRIDAY, DECEMBER 14, 1906.
PRICE 5c.
BARNHILL ACQUITTED
IN THE FEDERAL COURT
i
AFTER
BITTER
FIGHT
All the Evidence Was In
a Few Minutes After
Twelve '
hy
SHORT SPEECHES
IT THE ATTORNEYS
The Case Has Been Watched With
Much Interest A Large Xnmbc
of Witnesses Were Examined'
Klder Barnhill Well Known in Pitt
County Rlggsbee Case Has Not
Yet Been Called, But Will Prob
bly Be Reached the First Thing
Saturday This Term of Federal
Court Has Been a Busy One.
After being out about five minutes
the jury in the ease in which 'Elde
Thomas H. Barnhill of Pitt county was
"charged with retailing, removing and
concealing, came tnto the court room
and returned a verdict of not guilty.
was expected that tlie jurors would get
their dinner before talking over the
matter, but their minds seemed to have
been made up when the case was giver
to them. Judge Purnell instructed the
clerk to notify him when they reached
a verdict; but it was not necessary f
he had scarcely got out of the cour
room.
The case has been a hard fought one
and was watched with much interest
It was about 2 o'clock when the Jury
wus given the Barnhill case, and at
one time this morning it looked very
much like it would not be flnlshe'd to
day, but Judge Purnell announced that
jf the attorneys took too much time in
examining witnesses it would be taken
from the time allowed them in address
ing the jury, as he intended to give the
case to the jury before adjournment of
court, at 2 p. m. today. It was around
the hour of 12 when the last witness
left the stand and the attorneys on
each side were given three quarters of
an hour in which to address the jury
This was a shorter time than la usual
ly consumed In cases of this Import
ance, but It was done so as the case
would nijt have to go over until tomor
row.
Several witnesses were put on this
morning by the defense, but nothing-of
Interest was brought out. All who
were asked as to the character of El
der Barnhill said his reputation wus
good and they knew nothing against
him.
Two or three of the witnesses on the
stand for the prosecution yesterday
were recalled and also several charao
tcr witnesses. Among the witnesses of
the prosecution was one J. L. Mpore,
who had talked with different parties
in regard to the white-capping and also
other matters connected with the case,
Lein James, witness said, made the
statement that he could not damage El
der BarnhiU's pocket-book but he could
damage his character with the facts he
knew about his being engaged in the
whiskey business. Mr. Moore said he
told Elder Barnhill about the conver
satlon and he requested that he' get
James to make the statement in writ
ing. '"Whin, James was approached in
regard to the matter, witness stated
that he said if "Eider Barnhill wanted
him td make a statement he would do
so, if t3ie elder would go with him to
Cot. Skinner's office. Elder Barnhill
could not go at thti time, he sald.-
On cross-examination the witness was
very amusing and one little remark
caused such a titter over the court
room that the marshal had to rap for
order. Even his honor could not re
frain from smiling. Mr. J. L. Fleming,
one of. Elder BarnhiU's attorneys,
asked the witness if he didn't like to
take a drink occasionally, and his re
ply wus, "Yes, sir," 'I do like a drink
occasionally, but I had not taken one In
some time until I took a toddle with
you just before coming up here."
Mr. J. A. Manning was next put on
the stand.
"Mr. J. A. Manning now state If Mr.
Tom Barnhill was present and helped
to white cap you," asked the district
attorney.
"A tall man with" black mustache
caught me and thre me backwards
and placed his hand over my mouth. I
said that night it was-Elder Barnhill."
Mr. Pou objected to witness answering
above question, but the objection was
overruled.
Several character witnesses were put
on the stand by each side this morning
and It v as very amusing to hear them
testify as to the character of their
neighbors. It seemed to depend very
much on which faction they sided with
whe telling of the character of the dif
ferent witnesses that had been on the
stand, one man gave so many In his
neighborhood a-bad character thaUIr.
Fleming wanted to know of him If there
was any one in the neighborhood who
bore a good character.
Mr. Solomon Jones said up to a year
and a half ago he had never heard any
thing detrimental to the character of
Thomas Barnhill, but about that time
he heard of his drinking, arid recently
had heard it reported that he had oeen
engaged In the whiskey business.
Mr. Jones wa3 recently ejected to the
leglrlature from Pitt county drift It was
brought out that Elder Barnhill op
posed him.
He was the last witness on the stand,
and when the evidence was concluded
it was 12 o'clock.
Rlggsbee Case Not Yet Called.
The Durham attorneys of Rlggsbee
were heer again today, but the case
was not reached and It looks like It
will be taken up th? first thfng in the
morning. It was predicted in The Ev
ening Times yesterday that the Barnhill
case would consume all of today and
It would not have been concluded If the
attorneys had not been limited to such
a short time In addressing the Jury.
W. T. Rlggsbee was In court again to
day.
is still irregular, but there Is no in
crease of phlegm in the lungs. The
patient's general condition is fairly
satisfactory.
"Bulletins will be published here
after twice daily at 11a. m. and
9 p. m."
Crown Prince Gustaf arrived here
today from Berlin and asumed the
regency which he will hold during
his father's illness.
The official bulletin had the effect
of reassuring the public, but the
hopefulness it created was somewhat
shaken when it leaked out in the
course of the afternoon' that camphor
and digitalis had been freely used in
the treatment of the patient. The
impression is gaining ground that the
king's condition is much more serious
than represented by the bulletin.
DRIVEN FROM HOMES
BY INCENDIARY FIRE
FOR FAILURE TO COMPLY
WITH THE MARRIAGE LAW.
(By the Associated Press.)
Burlington, Vt., Dec. 14. Young
men of this city wno nave taken
wives outside the state in the last
two years are alleged to have neg
lected to comply with a certain pro
vision of the eVrmont statues, and
are. therefore liable to a fine of $10
each. City Clerk M. D. McMahon
has compiled a list of bridegrooms
who have come back here to reside
after the honeymoon, and has sent
out notices calling attention to their
delinquency. The Vermont statue
covering the matter reads:
"If a male resident of this state
is married without the st,atc he shall,
within sixty days, deposit with the
clerk of the town or city where he
resides, a certificate embracing the
statistics required by law in marri
age certificates, ana upon failure to
do so, he shall be fined not less than
ten dollars."
EPISCOPALIANS OUT
OK THIS CAMPAIGN.
(By the Associated Press.)
Norfolk, Va., Dee. 14. It developed
here today that the Episcopalians, as a
denomination, have withdrawn com
pletely from the proposed inter-denom
national evangelistic campaign to bo
conducted hereabouts during the
Jamestown Exposition period next year
A meeting of the Virginia state Bap
tist. Presbyterian and Methodist com
mittees in this matter has been called
for December 28, when the local com
mittees of these denominations will dis
cuss with tile state representatives the
situation as presented by the with
drawal of the Episcopalians. The evan
gelistic campaign, it is estimated, will
cost $10,000 for the eight months of the
exposition, and the Episcopalians were
being relied upon to assist liberally in
this expense. It is stated for the Epis
copalians that their withdrawal was be
cause of no disinclination to co-operate
but because of the rather unsettled con
ditions in two of the leading Episcopal
churches here, and further because it
was not regarded that there waa such
need for the evangelistic campaign as
some thought. . . .
(By the Associated Press.)
Chicago, Dec. 14. Fire probably
of incendiary origin destroyed the
Charles H. Mears & Co. lumber yard
at Racine avenue and Fletcher street
last night, drove several families
from their homes and caused $50,000
damages.
The blaze originated in the rear of
the yards, far from any stoves, elec
trie wire3 or other agencies that
might have caused an accidental fire
It spread to adjoining piles of Hun
ber in spite of the falling rain and
water-soaked condition of the lum
ber, leading the police to believe the
lumber was soaked with kerosene
and other combustible oils.
ROOSEVELT TO
ASK FOR SUBSIDY
Will Send Special Message
fo Congress
LINES OVER EQUATOR
Wishes to Provide for Several to
South American Ports Desires to
Correct False Impression That
May Have Been Produced in
House By His Annual Message.
PAY IN ADVANCE RATES
ON PERISHABLE GOODS.
(By the Asspclated Press.)
Pittsburg, Pa., D.ec. 14. The Balti
more & onto itaiiroan uompany yes
terday notified the commission men In
this vicinity that hereafter they must
pay in advance all freight rates on per
ishable goods,',.1 - 1 .
.The dealers In '-this ' class of goods
feim the' tiemarta is unfair and pt a
meeting to be' held here next month by
the Pittsburg branch of the National
Association of Commerce an appeal
will be made to the Interstate Com
merce Commission for some relief.
The Baltimore & Ohio Is the only pan
ose! In Pittsburg that has taken any
such action so far, butit is said sim
ilar demands will be made by every
road in the central territory In accord- U
ance with a ruling of the Central
Freight Traffic Association at a recent
meeting in Chicago.
(By the Associated Press.)
Washington, Dee. 11. That President
Roosevelt will send to congress a
special message advocating the passage
of a ship-subsidy measure at the pres
ent session was stated by several mem
here of the house today. It was said
that the president had declared that the
recommendation in his annual message
was misunderstood. In that message he
said that if it were found inexpedient
to pass the senate bill a measure should
be passed to provide for a few lines to
South American ports. He did not
mean to minimize the importance of
other features of the bill. It is said, and
now purposes to correct any false im
pression that may have been gained by
the house. The house committee on
merchant marine and fisheries will meet
on January 7 and it is believed the pres
Ident will further communicate his
wishes to the house before that meet
ing. No decision as to the committee's at
titude on ship-subsidy was reached at
the caucus of the republican members
of the house committee on merchant
marine and fisheries held today. After
discussing the amended Gallingc bill
the republicans took no action but de
cided to call a meeting of the commit
tee for January 7. when a vote of the
entire committee will be taken on the
measure.
To Increase Salaries.
Representative Littaeur of New
York today offered thef following
amendment to the legislative, execu
tive and judicial appropriation bill
under consideration in the house:
"On and after March 4, 1907, the
compensation of the speaker of the
house of representatives and vice
president of, the United States be at
the rate of. $12,000 each."
(Continued on Page Seven. i
BOILER
BURSTS
THE BANQUET OF
THE MERCHANTS
Nearly a Hundred Around
Board at Raleigh Cafe
FUN AND SERIOUS TALK
The Affair a Huge Success- i From
Every Standpoint The Telephone
Recommendations Major .las. I.
Johnson Tpaatmaslvi A Number
of Impromptu Speeches Pull To
gether the Keynote.
Merchants'
il the Ral-
Thc banquet of Th
Association last night
eigh Cafe was a huge
every standpoint. There was a larger
attendance than at any previous oc
casion of its kind, the arrangements
were all carried out to perfection.
ute to the Merchants' Association in
this connection and eloquently refer
red to J.he Woman's Club by- saying
that its work for the social, moral,
Intellectual progress of the city was
worthy of emulation by the men.
Co-operation until Raleigh, becomes
the pride and joy of the state was
what he urged. .
R. W. Simpson, Jr., editor of The
Raleigh Evening Times, had been as
signed the toast "Advertising Ral
eigh," but the toastmaster read a let
ter from him expressing his regret
that a business engagement had call
ed him out of the city.- S. L. Rotter
city editor of the Times, was called
on to respond to tne toast, ana in a
few extempore remarks mentioned
that the city was already deeply in
debted to the Merchants' Association
and on the subject o. advertising
spoke of the negative side of the
proposition, saying that one of the
best ways a newspaper could adver
tise a town was not to knock it if
anything went wrong, not to adver
tise to the world the shortcomings
of a place, but rather help to better
them without publicity.
W. W. Robards, president of the
Industrial Club, speaking on "Build
ing Home Enterprises," strongly
uccess from I urged the patronizing of home indus
tries, the stopping of the mail-order
business that is all too large. He
showed that new enterprises might
be brought here by a joining of the
the menu was all that mail could do-1 forces now building up the city. He
sire, the aesthetic side was duly re- called attention to the amount of
garded in the beautiful decorations! capital in the city and the ability
to
INCREASE ANO
NEEBS OF NAVY
HARD BUT VAIN
THE STRUGGLE
One Hundred and Seventy
Seven Ships in 1908
MAGAZINES TOO SMALL
Mason Recommends Thut an Ammu
nition Ship Should .Acrqmpnpy
Each Fleet The Government's
Smokeless Powder Factory at In
dian ( Had New Turret Mounts.
The Decisions Anger Wal
thour and Bedell
LEAD TWICE IN SIGHT
111 One Case the Spectators Thought
They Had Lapped Stol and Geor
get, Bnt the Score Showed No
Change in the Relative Positions
of the Riders.
HE CONDITION
OF KING OSCAR.
AND KILLS TWO
(By the Associated Press.)
Stockholm, "Sweden, Dec. 14.
King OBcar's condition today shows
considerable improvement.
Towards noon the following guard
ed official bulletin was issued:
"King Oscar passed ,a quiet night
(Special to The Evening Times.)
Ashevllle, N. C, Dec. 14 A boiler
explosion yesterday afternoon at Ed
neyville, fifteen miles from Henderson
vllle, resulted in the instant death of
W. A. Smith, owner of the mill, and J.
F. Jackson, an employe.
Smith had discharged his fireman the
day before, and was attempting to man.
tie siepi six nours, oniy cougueo a th. pn.,nmnm whn . Biitt.ea
little, and his temperature this morn- t00 much steam In the boiler and the
ing was 1 00.9 Fahrenheit. His pulse explosion followed. A
of the handsome dining-room of the
new cafo, which was studded and
decorated as to ceiling with hundreds
oi incandescent lights and flags and
adorned as to table with roses, ferns,
palms and other flowers, and the:
speeches were simply loaded down
with wit and good sense. Music,
dispensed by Lavin's orchestra while j
the knives and forks were in play,!
was a goodly factor in the enjoyment!
of the entire affair.
The committee in charge of the
banquet, J. M. Norwood, J. H. llob-
bins and Sherwood Hlgs, together
with the proprietors of the new cafo,
deserve all the nice things that were
said about the .least last night.
The members anil their guests as
sembled In the rooms of the associa
tion between halHnast eight and nine
o'clock and proceeded in a body, and
a rather formidable one it was as to
size, nearly a hundred, to the scene
of the feast under the Capital Club,
headed by President T. W. Dobbin
and Mayor J antes f. Johnson. Mayor
Johnson was the toastmaster, and
happily, wittily he tilled the place,
ready, dignified and easy.
President Dobbin called on ex-
Senator N. 1!. U rough ton to ask a
blessing. The set toasts were called
for by the toastmaster in the inter
vals between courses, and then there
were several impromptu speeches, it
was after one o'clock this morning
before the festive night was over.
The menu that was discussed fol
lows:
Celery Blue Points Olives
Consomme Royal
Kennebec Salmon Hollandaise
Potatoes, Natural
Roast Young Turkey and Cranberry
Sauce
Duchess Potatoes French Peas
St. Julian Punch
Quail on Toast , Chicken Salad
Neopolltan Ice Cream and Assorted
Cakes
Edam Cheese Coffee
jk Cigars and Cigarettes
W The Talks.
Col. P. A. Olds, secretary of the
Raleigh Chamber of Commerce, was
the first speaker. His subject was
How Raleigh Ought to Be Boomed.'.'
Things in this world were either
brickbats or bouquets, said Col.
Olds, and he told how they were
thrown at Raleigh, sometimes the
one and then again the other, all in
a humorous and happy vein. He seri
ously called attention to what some
Other towns were doing and what
Raleigh should do. The motto of
Raleigh should be, he declared,
'Every man for Raleigh and God for
us all."
M. Ashby Lambert, attorney for
the Merchants' Association, had the
subect "Collections assigned to him.
As between bouquets and brickbats,
he said all present knew what he
generally got. In a practical, com
mon sense talk full of force he took
the ground that the credit system of
Raleigh Is too lax. He told an anec
dote of the generosity of a Raleigh
merchant in a deserving case, mak
ing the point that they want only
what is due and that there Is a spirit
of generosity among them.
President Joseph G. Brown of the
Chamber of Commerce had the sub
Ject "Co-operative Efforts," which he
handled in bis usual eloquent, pol
ished way. He frankly called atten
tion to some shortcomings on the
part of Raleigh citizens and brought
(Continued on Page 8.)
SHAW GIVES HIS
CURRENCY PLAN
Doesn't Think the Bankers'
Scheme Will Do
POINTS OF WEAKNESS
He Favors a High-taxed Credit Cur
rency. Suggesting Five Per Cent
Rate, and Emphasizes the Need for
Great Elasticity in the Currency at
All Times.
(By the Associated Press.)
Washington, Dec. 14. Secretary
Shaw appeared before the house com
mitt.ee on banking and currency to
day in advocacy of a high-taxed credit.
currency, suggesting five per cent as
a desirable rale. He emphasized the
need for great elasticity in currency,
but expressed the opinion that the
plan framed by the American Bank
ers' Association will not bring about
sufficient elasticity to be very useful.
Granting that the bankers' plan re
sults in the issuance of $200,000,000
additional in national bank notes,
Mr. Shaw said that in his opinion not
more than $20,000,000 worth of these
will be redeemed.
Mr. Shaw thought the bankers'
plan is wholly inadequate to meet the
requirements of the commercial
world, and said it was encumbered
with too much machinery for the lim
ited good results he feels it. capable
of accomplishing. He said he did
not want to be regarded as an oppo
nent of the measure suggested by
the bankers, because he felt that any
step toward relieving the demand for
greater elasticity at. certain seasons
of the year was desirable, but he
urged that the committee Strive to
frame a more effective measure.
It was urged by the secretary that
an effort should be made to make all
our currency more elastic rather than
to impart elasticity to a certain
amount of emergency currency.
Under the bankers' plan, he said,
only the credit currency which goes
itio national banks would be on its
way to redemption. There would be
no reason why private banks should
seek the redemption of national bank
notes, and consequently they would
make no effort to do so.
out the idea that the same spirit of
co-operation that had built up the
nation could be applied with the
greatest results to committees. Mr.
Brown urged that all work together
for Raleigh's good, and paid a trib-
400 ARE ILL
WITH TYPHOID
Pittsburg, Pa., Dec. 14. Owing to
the crowded condition of all the hos
pitals throughout the city the bureau
of health authorities have been com
pelled to place typhoid fever patients
in the municipal hospital.
It is estimated that at least four
hundred persons are ill with typhoid
fever in iPttsburg alone. With Alle
gheny and the boroughs of Alle
gheny county, this number is about
doubled.
(By the Associated Press.1)
Washington, Dec. 14. Declaring
that in the design of vessels of the
battle fleet the space and weight as
signed to ammunition has been so
restricted that the ammunition on
board, under certain conditions of
battle, would be expended in less
than hour, Rear Admiral N. F. Ma
son, chief of the bureau of ordnance,
in his annual report, urges the build
ing of two vessels of considerable
size, one on the Atlantic and one on
the Pacific coast, devoted exclusively
to the carriage of ammunition, and
he states that ultimately there should
be one of these vessels with each
fleet. They should be so fitted with
appliances for assembling and break
ing down ammunition that they might
serve to as great a degree as possible
as floating magazines.
The lessons drawn from the war
with Spain, Admiral Mason says, lead
him to recommend also the equipping
of an auxiliary vessel for use as a
machine shop and store vessel with
the fleet.
In explaining his estimates for a
considerably increased appropriation
for target practice, Admiral Mason
calls attention to the fact that he
anticipates there will be in full or
partial commission during the fiscal
year 190N twenty-four battleships,
twelve first-class cruisers, sixty-six
second and third-rate vessels, sixty
torpedo boats and fifteen auxiliaries,
making a total of one hundred and
seventy-seven vessels. This, he says,
represents an increase of thirty-eight
vessels over the present fiscal year.
Xew Designs.
A marked departure from all pre
vious designs, Admiral Mason says,
is represented in the turret mounts
for the 12-inch guns of the South
Carolina and the Michigan, which, it
is stated, will operate to increase the
rapidity of fire.
A new type of turret sight has been
developed for installation in these
two ships, and it is stated that a new
type of sight for broadside guns is in
a preliminary stage of design, this
being likewise a marked departure
from existing models.
Especial attention is called to the
batteries of the Iowa, Brooklyn and
other vessels, and Admiral Mason
says that unless they are equipped
with modern guns, mounts and sights
they can no longer be considered ef
ficient vessels and fit for service.
Considerable attention is paid to
the government smokeless powder
factory at Indian Head, Md., the out
put of which the last year is stated
to have been 1,001,699 pounds. With
the completion of the sulphuric acid
plant there, it is believed that in the
near future the government will be
entirely independent of outside
sources for the supply of mixed acids.
As the result of experiments, a new
three-inch gun, semi-automatic, will
be placed aboard all future ships.
ROOSEVELT'S ACT
IS COMMENDED.
(By the Associated Press.)
Kansas City, Mo., Dec. 14. Camp
Louis A. Craig, Ann of the Philip
pines, last night endorsed President
Roosevelt's order discharging, with
out honor, the negro troops of the
Twenty-fifth infantry. Resolutions
adopted commended the action of the
piesident in "his fearless and com
mendable stand, regardless of politi
cal lines and consequences."
THE DAUGHTERS WILL
REPRODUCE BEAUVOIR.
(By the Associated Press.)
New York, Dec. 14. The contestants
iii the six day bicycle race were grind
ing out laps In a mechanical manner at
7 a. m. today after an eventful night.
The positions, however, were unchang
ed, according to the scorers, although
many of the spectators believed Stol and
Georget had been lapped after a sensa
tional sprint at 3 p. m. This spurt, as
have been so many during the race, was
started by the Walthour-Bedell tean.,
It was the longest of any that has yet
occurred, lasting sixteen minutes.
Walthour and Bedell smarting under
a decision rendered an hour earlier,
when a spill robbed them of a lap that
they had nearly won, started out at a
pace that kept the spectators in a con
tinual roar of cheers and excitement.
Relieving each other at every few laps,
Walthour and Bedell gept going at their
best pace and forced the other riders
to call on their partners for help anu
relief.
Leon Georget and Stol, whose part
ners had been hurt in the spill at 2 a.
in., were the only riders who could not
get relief, and they had to bear the
brunt of the fight for their teams. It
was thought they had lost a lap when
the sprint after sixteen minutes was
suspended. The score, however, when
it was hung out at 4 o'clock showed no
change.
Bedell and Walthour are in good
shape, and they have promised to make
the race interesting for the others be
fore the day is out. They protested
earnestly early today when Just as they
seemed again to gain a lap, Fogler fell,
making a spill and causing the red flag
to be hung out, which Indicated that the
Walthour-Bedell gain would not count.
The riders claimed that the fall was de
signed in order to block their gain, and
for a time they refused to ride again
until something was done. They were
eventually appeased, and the race which
had been delayed an hour, was re
sumed. The score of the nine leading teams
at 7 a. m. was 1,723 miles and six laps;
that of Walthour and Bedell and Brere
ton and Samuelson was one lap less;
that of Galvln and Wiley 1,723 miles
and 3 laps. This was 273 miles below
the record for the same number of
hours.
Protest From Riders.
An organized movement in which
nearly all of the riders joined as a pro
test against the rulings of the judges
in refusing to mark up the laps which
some of the riders declare were fairly
won, was begun today. The men de
clare that they have been unfalily
treated and they will do no more real
work until the management makes
some arrangement by which their ef
forts will be properly recognized and
their gains recorded. Soon after this
agreement was reached among the men
the pace decreased to the minimum.
Arm in arm, members of rival teams
pedaled slowly along reading the morn
ing papers and Joking with one another.
The score at 1 p. m. was for the nine
leading teams, 1,790 miles and 4 laps;
Walthough and Bedell and Breton and
Samuelson were one lap behind and
Galvin and Wiley 3 laps.
The record for that hour was 2,105
miles, 7 laps, made by Miller and Waller
in 1S99.
ALL BUSINESS
WELL MAINTAINED.
(By the Associated Press.)
Norfolk. Va., Dec. 14. The contract
for the building to be erected at the
Jamestown exposition by the Daughters
of the Confederac y all over the country
has been awarded to C. B. Moore at
$5,000.
The building will be a reproduction
of "Bcauvolr," the home of Jefferson
Davis, president of the Confederacy at
Gulfport, Miss. The building Is to be
completed by the opening of the expo
sition In April.
(By the Associated Press.)
New York, Dec. 14. Dispatches to
Dun's Review indicate that even with
the great rush of holiday trade, gen
eral business is well maintained and
manufacturing activity is at a high
point.
The bank clearings still show a
large volume of settlements through
the banks at nearly every city in the
United States than In December last
year or the year before, though trade
was exceptionally active in both pre
ceding years. A small loss at New
York City due to a greatly reduced
volume of settlements through the
banks on account of stock market
operations causes a small loss in the
aggregate of bank clearings and
total exchanges this week at all lead
ing cltios in the United States are
$3,045,84", 886; .2 pr cent less than
last year, but 2.4 per cent larger
than in the corresponding week of
1904.