The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-08-13


year was presented. The annual report
of the president was read and ordered
spread upon the minutes. Ut is as
follows:
PRESIDENTS REPORT.
To the stockholders Of the News and
Observer Publishing Co.:
The financial statement OF the receipts
and disbursements of the News and OBJ
server Publishing Co. for the year begin
ming August 1st, 1900, and ending July
31st, 1901, shows gratifying increase in
the cash receipts during the past year.
The cash receipts from subscriptions and
advertisements aggregated over $4,000 in
excess of the receipts for the previous
year ending July 81, 1900; $4,000 over the
year ending July 81, 1899; $1,000 over the
receipts for the year ending July 81, 1898;
and So, 900 over the receipts for the year
ending July 31st, 1897 The receipts from
subscriptions and advertisements during
the past year were 81 per cent more than
the receipts for the first year that the
paper was under it's present management.
This steady increase in cash receipts
from advertising and subscriptions shows
that the paper has grown every year in
popular approval and support. The large
number of new subscribers placed on the
books during the present summer has ex-
ceeded any previous additions for like
period with one exception. With better
schedules and more rural free delivery
routes, the circulation of the paper will
soon reach 10000. The outlook for in
creased business is better than ever be-
fore in the papers history.
During the year we have published sew
eral handsome special editions. notably
the Inaugural, Legislative and Fourth OF
July editions which for size and excel
lence have never been approached in
North Carolina except by the mammoth
Twentieth Century edition OF the News
and Observer issued in 1899.
The North Carolina Year Book. estab-
lished by this company, has already come
to be recognized as the standard au-
thoritv for correct information OF all
kinds about the State of North Carolina
Ten thousand copies were issued OF the
first edition and there are few public
officers, business or professional men in
the State who do not regard the North
Carolina Year Book as indispensable.
1t is to the State of North Carolina what
the World Almanac is to the United
States. In addition to supplying long
left want in North Carolina, the publlca-
ton of the Year Book was financial
success from the start, and the f1rst edi-
ton netted a neat profit. The Year
Book for 1902 will appear in December.
It's publication has attested the enter
prise and usefulness of the News and
Observer which always leads, and has
given it another claim to the thanks OF
the public.
The management believe the paper has
grown in excellence as it has grown in
popularity During the period between
1895 and 1901 when the political govern
ment was in the hands of the party held
ing opposite views from those advocated
by the News and Observer and the North
Carolinian, these papers were chiefly de-
voted to advocating those policies and sup
porting those candidates that would Sc
cure the supremacy of the Democratic
party and a consequent return OF good
government. These have been accom-
plished. Believing that material pros
perty would be endangered by return
to the conditions that prevailed from
1895 to 1901 the papers published by TINS
company are VlSlldut " PlCSCiNO IhS
good government secured by the united
labors of the patriotic men OF the State.
To that end, no effort is spared to- spread
the Democratic gospel and to strengthen
the foundations of that great party. The
News and Observer has no enemies eX-
cept the enemies of the Democratic party,
and it's Straightforward policy has caused
it to be recognized as the chief exponent
of Democratic doctrines and Democratic
policy. The owners of the News and OBJ
server have wrought the State great ser
vice by never permitting any spirit OF
money making to control its editorial ut
terances.
Not only has the News and Observer
led in the fight for political cleanness
and good government, but it has as well
led in the fight for industrial develop
ment Of the State. 1t publishes more in
dustrial news than any paper ever print
ed in the State, and the policy OF the
management is in every proper way to
devote more and more space to Industrial
and business development. There has
never been month, not even in the heat
ed campaign of 1898, when the News and
Observer did not print more industrial
news than any other daily in the State.
There is nothing concerning North
Carolina or North Carolinians that does