Durango semi-weekly herald., 1907-08-26

OF the Postal Telegraph company at
Ashfork. Ariz., Thursday and broke
every window in the building with
rain of bullets. The lives of four of
he employees were endangered but
no one was injured.
Pennsylvania officials have decided
to adopt all steel construction as stand.
ard for passenger equipment, and have
given a preliminary order for 100 new
all steel passenger coaches, and ex-
pect to order nothing else in the IN.
ture. Experiments were made with all
steel cars which caused the action of
the officials.
After conference of attorneys with
Attorney General Bonaparte concern
ing the proposed prosecution of the
Chicago and Alton railroad, the at
torney general said that he will first
communicate his decision to Judge
Lands 1t is understood that the
opinion of Judge Lands will first be
sought before deciding whether to
prosecute or drop the case.
The railroads of Missouri seem to
believe they will be able to show the
courts that there has been material
decrease in the passenger earnings un-
der the 2-cent far law. One road is
able to show a decrease of $4,000 in
one week and Of $4,000 another week
in interstate traffic alone. The lead
ing roads are busy preparing figures
| giving the result of the laws opera
ton.
Mrs. Mortimer Hancock guest of
Mrs. George Vanderbilt, prevented
lynching the other day by addressing
mob which had captured a negro
who had attacked Miss Elkins and
her escort, Clarence Sullivan, on the
Bitmore grounds. The negro had
been run down with bloodhounds and
the crowd was eager to execute sum
mary justice. but after listening to
Mrs Hancock and Miss EllSins, who
: also spoke to them, took the negro
back to the county Jail.
The mature takers" have once more
come under the fire of President
Roosevelt. He discharges whole
broadside of criticism and ridicule
against them in an article, written by
his own hand, in the September num-
ber of Everybody's magazine. Ma
J ture Fakers''-such is the simple title
of the contribution, which constitutes
as vigorously expressed a bit of cen
e sure as the president has penned for
some time Particular attention is
paid to Rev. William j. Long as a
prominent "faker," the clergyman be-
:, ing scored decisively. President Roos-
: study for the takers" who make
such startling discoveries in the wild
erness," it being pointed out that such
a course would have very enlight-
ening influence on them.
The fall in security values had had
a disconcertng effect upon the fire
? insurance companies, many of which
had their surpluses severely reduced
by the San Francisco coniiagration.
The losses so far this year have been
$50 900, 900 ahead OF the normal, while
/. at the same time rates have been
going down steadily under the stress
of unprecedented competition, owing
to the influx Of new companies into
+ the field and the anxiety of some older
companies to collect premiums to
make good their San Francisco losses.
This competition has also increased
the expense ratio by the higher COM
missions the new companies have been
willing to pay agents to get foot
hold in their offices and a share of
the choice business. 1t is estimated
: that the average reduction in the mar
ket value of the stocks commonly held
by fire insurance companies has
amounted to 20 per cent since the
first OF the year, while bonds have
gene down 10 per cent Some of the
companies have been large holders of
: such securities as Standard Oil, Della
ware and Hudson, Great Northern and
others which have had drops of from
5O to $50 points, and so have suffered
more severely.
BIG BIRDS WITH SMALL WINGS.
= Everybodys Magazine.