davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1909-10-24
B. AND 0. EARNINGS GROW
September Report Indicates Larger
Receipts for the Year.
Increase for Month Is Approximate.
Iy 1913 Per Cent and System
IL Doing Well.

Baltimore. Oct S.-An Increase Of ap-
proximately l6l4 per cent in the gross
earnings Of the Baltimore and Ohio Rail-
road for September. compared with the
corresponding month a year ago. shows
TO what extent traffic movement over this
system has increased and is indicative OF
an even better showing later in the year.
for the best months are yet to come.
About 50 per cent of the gross tonnage
Of the Baltimore and Ohio is coal. though
in recent years the volume of other
classes OF traffic has steadily Increased.
The Baltimore and Ohio now has all its
rolling stock in service and still is fairly
swamped with freight
The company recently placed orders for
locomotives and cars involving an expen-
dlture Of Sll.OO0OOO. and this equipment is
being rushed 10 centers where congestion
is most threatening as fast as il is re-
ceived.
Just now the coal trade is making the
most urgent calls for cars though grain
is moving in increasing quantity. and
shippers are apprehensive that the vol
ume Of business will reach such propor-
lions before the fall and winter are far
advanced as TO necessitate the placing Of
an embargo upon certain classes OF goods.
In this connection II may be said that
the Baltimore and Ohio Is no worse off
than are the other big trunk lines. All
Of them are rushed and are striving with
might and main 20 avert a congestion
such as caused so much confusion in 1906
and the early part OF 1907.
Following are the earnings and ex-
penses OF the Baltimore and Ohio for the
month OF September, exclusive OF outside
cpera tfOpS-
The Washington herald., 1909-10-24
BUYS IN THREE LINES.
Chesapeake and Ohio Adds About
200 NffIes of Trncknge.

Richmond, Va. Oct 23.-Stockholders
Of the Chesapeake and Ohio Railway
Company have verified the purchase OF
three short roads operating into the Vir-
ginia and West Virginia coal fields.
These lines will add nearly 200 miles
of trackage 70 the purchasing road, and
will give the Chesapeake and Ohio a
more prominent place among the coal
producing lines of the East. Following
out Edwin Hawleys methods OF CONNER
cial and industrial extension. these coal
branches were bought with the idea OF
enabling the Chesapeake and Ohio TO
capably compete with the Norfolk and
Western and the Virginia railways,
which now bring out a large proportion
of the Virginia and West Virginia coal
The three lines purchased are as fol-
lows: the Coal River Railway of West
Virginia. the Southwestern Railway Com
pany OF West Virginia and the Virginia
Air Line Railway of Virginia
During the last several years al of
these lines have been operated by the
Chesapeake and Ohio. The success OF
these operations has induced the stock
holders and directors of the larger road
TO take over the properties permanently.
The following directors for the conduct
Of the road for the year 1910 were elected:
Decatur Axtell. James n. Dooley. Ed
win Hawley, Henry e. Huntington Fred
erick W. Scott, Theodore p Shonts Gin
place OF John w. Castle, deceased.
George w. Stevens, Frank Trumbull. and
Frank A Yanderlip.
The Washington herald., 1909-10-24
Road Carries Many Passengers.

The Tokyo Electric Railway carried
sS,655,0oO passengers during the first half
of 1903, the receipts from which were
81. $4,000 and on which a dividend Of Sd
per cent was declared. aginst per cent
for the second half of 1908 The present
regular fare. which the authorities re-
fused TO allow 20 be increased. is , cents.
plus the government transit tax OF \
cent but return trip tickets. season
tickets, transfers, worbmen's tickets. and
concessions to soldiers. sailors, &c, re-
duce the receipts materially.
The Washington herald., 1909-10-24

San Antonio. Tex, Oct. 23.-President
Taft is of the opinion that the Texas spe-
cles of the bivalve oyster is better than
any other he has heretofore tasted. On
the night of his arrival here a dozen Of
them had been placed on his table. Rap
idly they disappeared. What do you
say, Capt. Butt he said 10 his military
aid; shall we have some more oysters ?
They are certainly the best 1 have
tasted" II can eat some more of them
myself, said Capt. Archibald Willing
ham de Graffenreid Butt" and issued or
ders accordingly
The Washington herald., 1909-10-24

Not long ago bananas were for sale
in Germany only in large fruit and pro-
vision stores Since their Importance as a
wholesome food has been recognized and
proper treatment during transportation
10 practlced they are sold here In gro
ceries ana fruit stands in every town.
The imports were in 1907 1921 kilos Ckilo
equals % pounds; in 1908. 5000 kilos.
and from January to July. 1909 1880
kilos. Thus the German consumption Of
bananas during the first seven months
OF the current year surpssses the figures
for the entire preceding year.
The Washington herald., 1909-10-24
SELLS MARYLAND TRACT.
Barber Property Passes to Owner
ship of DIR. II. :. woodward.

The soule Realty Company reports the
sale OF the ninety-two-acre tract Of land
fronting on the old Georgetown Pike.
Montgomery County. Nd. opposite the es-
state Of John JOY Edison. esq. and for
merly owned by Judge Barber. of To-
ledo. Ohio. to DR.. Robert S. Woodward
president Of the Carnegie Institute. DIR
woodward will erect a fine stone mansion
on his property and have the grounds
beautifully laid off by a Landscape
gardner.
The Soule company. which sold re-
Gently FOR $4,000 the eighty-acre tract
Immediately south OF Dr. Woodward
property, to II. NJ. Nichols, president Of
the Citizens Banking Company of oil
City, Pa. has large corps'o laborers az
work grading and beautifying the land
on which Mr.. Nichols will erect two
dwellings one for himself and one for
his son.
Other deals by the Same firm are under
negotiation with out-of-town capitalists
looking for investments. in this section
The Washington herald., 1909-10-24
inns Issue honda

The amount of domestic bonds issued
by Japanese banks and companies during
the first half OF 1909 reached the enor-
nous amount Of sssOoO,oOO gold. Of which
the Japan Hypothec Bank issued 500
100000. following by the Japan Credit
Mobilier with s69O0.OO0. and the Hok-
kaido Colonial Bank with S3,SO8OOO. In
addition the Japan Credit Mobilier. the
Hokkaido Gallery Steamship Company.
and the South Manchurian Railway Com
pany together issued Si5,OoO,O0o in de-
bentures abroad
The Washington herald., 1909-10-24
Georgia Increases school Fund.

North Cardinals school fund for the
present year is $s,294.23l, a gain over that
of last year of S4S1.0i3. This is the State
fund, and the amount raised by local
taxation has a like satisfactory increase
During the year $SOS,552 worth Of bonds
were sold by local boards for building
purposes The same kind OF an increase
In the amount OF money devoted TO
educational purposes Is found in every
Southern State. This shows that with
the remarkable and steady development
of agricultural and industrial interests
the South is offering better and better
facilities for the people who make their
homes in that portion Of the country.
The Washington herald., 1909-10-24
APARTMENT HOUSE is SOLD
New Building Goes for Investment
for 100000.
Structure Was Constructed from
Plans by A. II. Beers by
Harry Wardman.

Rignald W. BeaH. vice president OF
Moore d Hill. reports one Of the mos,
substantial sales Of the week in the
transfer OF the Wellington Apartments
at the northwest corner Of Seventeenth
street and Park road northwest.
The building was erected by Harry
Wardman, according to plans made bv
Albert H. Beers. architect The pur-
CHASER or the building is a local bust
ness man who takes the property for in
vestment. The price was $2O0Oo9 Rom
sides Of the exchange were handled bv
Mr.. Beall
The Wellington Apartment Is on the
crest OF Mount Pleasant Heights. on one of
Washington's exclusive residence streets.
and in one of the most beautiful sec
tons Of the city
There are forty-seyen APARTMENTS nj
three. four and five rooms and hath All
floors of the second. third. and fourth
floor public halls, as well as the floors OF
the apartments, are laid in paruuetrv.
The vestibule is trimmed in marble.
The first floor hall is tiled The building
is finished in excellent style. This is "a
corner property and the building is ex-
posed on all sides, leaving every room
an outside one with plenty OF light and
air. One of the features OF the building
is the number Of large closets in each
apartment
The lot fronts south on Park road l52
feet; east on Seventeenth street 19l feet:
the north line is 40 feet and the west
line 12s feet. containing in all 22,411 square
feet of ground.
There are twenty-five three-room apart
ments. twenty-five of four rooms each,
and three OF FIVE rooms each The in
come on the building is S1,5OS monthly or
about $4,000 annually.
Mr.. Bean also reports the sale Of the
Vernon Apartment in L street, near
Eighteenth. through the Office OF Gasch
& Birge at the price of $500 This
building was built about two years ago
by Franklin T. Sanner. 1t is a three
story building containing six broom. and
bath and Groom and bath apartments.
The Washington herald., 1909-10-24
WEALTH IN BEANS.
Four Thousand Acres Produce 1000
600 Pounds Mt B Cents n Pound.

Spokane, Wash, Oct. S2.-Four million
pounds of beans. for which the growers
will receive from 10 3ik cents a pound,
were produced on 4OCO acres Of land on
the Kendrick ridges in Latah County,
Idaho. this season. As a result Of the
success Of the industry. buyers say that
the coming year should see a yield worth
not less than S25O.0O0 or double this years
crop.
The average yield was 1000 pounds the
acre, while the cost of production was
not more than $3.50 an acre. leaving a
net proht Of $3.50 an acre from land
worth between $50 and $40 an acre
Thrashers have started to hull the crop
and the finished product will be ready
for the market in three weeks. one hun
dred cars are required to haul the beans
some OF which will so as far East as
Boston and points on the Atlantic sea-
board. but the bulk will remain in the
Northwest.
The Washington herald., 1909-10-24
RAILROADS GAIN RAPIDLY.
Earnings of Eight Would Pay 4.3I0
Per Cent on Price of stock.

The average yield on common stocks OF
eight leading railroad corporations al the
present selling price is now 1919 per cent.
which compares with 5.26i per cent at the
corresponding period OF last year, and
6.G3 per cent in 1907.
The average yield on the common stocks
OF ten OF the larger Industrial corpora
tons figured upon the present selling
price Is a. per cent. as compared with
isVS per cent just year ago, and g. 57
per cent at this time in 1907.
The average dividend rate for the rail-
road group is now 6625 per cent. as com
pared with 6-5 per cent in 1908 and SIS
per cent in 1907. For the ndustrials the
average dividend rate now is SIS per. cent.
as against So per cent in 1903 and 6.3J7 Der
cent IA 1907.
The Washington herald., 1909-10-24
COTTON CROP AND CURRENCY.
Demand for Money 10 Move IL Light
I'm Vicinity of New Orleans.


I'm Vicinity OF New Orleans.
New Orleans. Oct. Z.-Proof OF the
shortage Of the cotton crop in Louisiana
and Mississippi is found In the fact that
the local banks have not, to any ap-
preciable extent. felt the demand for cur
rency usual at this time TO move the
crop.
In connection with the loans now being
made on cotton. II Is interesting to note
how this form of security has grown in
favor with Southern bankers in recent
years The worldwide market for cotton
renders II security which can be readily
transformed into cash. and. allowing q
pretty good margin against any possible
depreciation In value. bankers feel almost
as safe lending money on cotton. properly
warehoused and insured. as they would
on gilt-edged stocks.
The Washington herald., 1909-10-24
.HAWLEY MAY RULE
His Influence Widens in
Southern States.
BUSINESS SWINGS TO DIXIE
Panama Canal Probably VIII Change
the Course OF Trnffic-RaiIrOad
Managers see the Movement and
Are Preparing to Meet It-Trunk
Lines BuiIdfng-Interests Allied.

Even cursory study OF traffic develop
ment in this country will convince one
that the South Is TO be the great center
Of railroad expansion IN the next ten
I years. There are many evidences that
the big traffic operators have had their
eyes glued upon the South for several
years. and that they are beginning to
see that the swing OF the business move
ment IS now southwark
Il needs no gift Of prophecy 20 predict
that trunk systems, as great and power
full as those in the North, must be de-
veloped in the South. and 1t would not
be at all strange If the coming Wizard
OF the iron ways would be Edwin
Hawley. II he is not the wizard" the
system OF which he is now master VIII
undoubtedly figure large in the traffic
development OF this southern country.
Big Interests Allied.
The close connection between the Nor
San interests, Henry Walters. and Ed
win Hawley should be borne in mind
when studying possible railroad changes
In the vast territory served by the South
ern Railway. Atlantic Coast Line. SEA-
board Air Line and Louisville and Nash
VILE.
The latest purchase, Missouri. Kansas
and Texas. is OF significance In relation
to his ownership OF Chesapeake and Ohio
and his Affiliations with the interests
named The railroad evolution I'm the
United states did not come TO a sudden
stop when Mr.. Hartman died: II merely
shaped It's course in new direction.
Far-reaching events may be looked for
in the South before and after the Panama
Canal is opened. In these ]. p. Morgan.
James Speyer, and Edwin HawIev will
play prominent part.
1t is known that Mr. Hawley has an
eve on the Carolina, Clinchfeld and Ohio
Railroad and that he is gathering data
on other lines both in the Southeast and
Southwest.
Controls $500 Miles.
Mr.. Hawley now controls s. 400 miles. his
system Of roads comprising an unbroken
line Of railway reaching from the Allan
tic seabOard at Newport News as far
westward as lie Beau. S. Oak, and Kansas
City. Mo. and thence southwark to the
Gulf. entering Galveston. Tex. which Is
fast becoming the most important ship
ping port in the southwest
That Mr. Hawley has his mind set
upon coast-to-coast system is generally
believed His recent alliance with the
Rock Island interests is fraught with
great possibilities. A close traffic alliance
with these lines will give the Hawley
roads entrance into Denver. and so
strong an alliance as the one he heads
need not stop there. In addition. he has
q working agreement with the Kansas
City, Mexico and Orient, which viii soon
be operating from Kansas City 30 Port
Topolobampo. on the Pacific coast Of
NTnvicn
The Washington herald., 1909-10-24
NILS Hum Mt Cnlnmhn.

Reports from Columbus, Ca. show
much activity in industrial circles. Co
iumous Is one OF the largest and best
known centers IN the South for textile
mills, and this industry is steadilv GROW
ing there. Several OF the present mills
are adding to their equipment. II is est
mated that at least $4,000 is being spear
this year for new machinery.
The Washington herald., 1909-10-24
HOUSE BRINGS $4,s5O.
Mrs. Lauxman Sells Residence n.
1871 North Capitol Street.

NrS. LauNman sells Residence Mt
1871 North Capitol Street.
The three-story dwelling at 1871 North
Capitol street between r and Randolph
streets. northeast. has been sold by Mrs.
Helen NJ. Lauxman TO Harry L. Slater.
The house has an attractive red pressed
brick 'front.' with stone concentrations
and brown stone porch. and con-
tains nine large rooms and modern bath,
and is heated by furnace 1t occupies a
lot eighteen feet front by a depth OF
ninety feet. to a rear alley.
II IS understood that approximately
$3.50 was paid for the property. which
viii be held by the purchaser as an in
vestment The sale was made through
the Offices OF Willige. Gibbs & Daniel,
real estate brokers.
The Washington herald., 1909-10-24
New AntimOny Discovery in servIa.

Consul Robert s. S. Bergh, Of Belgrade.
reports the discovery Of anthony con-
tanning terrain in the center Of Servia.
A few miles from the railroad town of
fagodina The ore is lodged in quartz
and contains over so per cent OF anti
mony- The experts opinion is that. not
outstanding the present low price OF
antimony and its fuctuating value, the
exploitation ought to pay. The total
Servian exports Of anthony during 1908
amounted to $29.2J0 Of which the United
States purchased S2,925 worth.
The Washington herald., 1909-10-24
building locomotives I'm chr.

Consul Alfred A. Winslow reports that
work was begun August 81 on the first
railway locomotive ever built in Chile al
the works Of the Sociedad de Maestranzas
y GalYanizacion in Valparaiso
The Washington herald., 1909-10-24
CALL TO The SOUTH
Commercial Congress Meets
Here Next December.
OPPORTUNITY TO BE SLOGAN
Local Committee Announces Tint Ar
engagements Are on Foot for n
I'm Southern PrOgreAS-HeasOns why
the Body Was Organized.

The committee OF arIdngements having
charge OF the next meeting OF tie South
ern Commercial Congress has sent out
an announcement that the congress viii
convene IN this city at the willard Hotel
on December and = The general sub
iect before the congress will be The
South and the opportunities it holds"
The committee. composed Of Charles
Hall Davis, s. ". Meek. and G. Gros-
venor Dave, says that preparations are
being made for the coming meeting on a
scale commensurate with its Importance.
states Reason for Organization.
The committee asks the friendly CO.
operation Of the newspapers, and states
as follows the reasons which prompted
the organization Of the body:
That the South, through the gifts Of
nature in coastline. rivers, water powers.
mineral distribution. forest area. tenn
perature and rainfall. and unused agri-
cultural lands. is positively destined Tor
an enormous development
THAT the greatest hindrance OF the
South lies within itself, in that the bust
ness men and leaders have not hitherto
taken a broad enough view OF the South's
ultimate development. and her men have
therefore been lacking in an unwavering,
affirmative attitude of mind.
Reasons for MisjUdEment.
That the South. through historic
causes and the limitations which compel
news material sent out of the South to
deal only with abnormal things. is large
" misunderstood by the rest OF the world,
and is particularly distrusted as a place
OF residence; for, If it were not SO, 100000
Northwestern farmers would have at
least investigated the cheap lands Of the
South before going TO the cheap lands OF
Northwestern Canada.
THAT the efforts Of commercial or
CARNATIONS working only for individual
towns and cities are not able to success
fully combat the worlds misjudgment OF
the South as a whole.
THAT q cooperative publicity effort
dealing with the general features Of the
South, but giving no attention to the
DEVELOPMENT of individual enterprises.
will create an impulse toward inquiry.
and will lead investigators to see that
the South means opportunity and that
our specific opportunities are greater than
in either Of the other two-thirds OF the
United states.
The programme of the congress Is not
ready for publication.
The Washington herald., 1909-10-24
WILL GO TO OWNERS
S. A. L. ReceiyerShip to Be
Dissolved Next Month.
is IN PROSPEROUS CONDITION
Formal Transfer of Property VIII
Take Place ut Midnight November
4-Receivers VIII BE Discharged by
Courts Lnter-OperatinE Official
OF Road TO Act as President.

Baltimore. Oct 2S-The formal turning
back Of the Seaboard Air Line Railway
10 the directorate Of the company will
take place at midnight on November l.
There viii be no formalities connected
with the transfer.
Receivers 5. Davies Warheld. r Ian
caster Williams, and L. c. Duncan. who
have operated the property since jan
uary /, 1898. will deliver the road 10 an
agent designated by the board Of direct
ors
The custom is for the president to act
IN this capacity. but as the Seaboard Air
Line Railway has no president, that
Office having been vacant since the res
lgnation OF W. A. Garrett. il Is probable
one OF the operating officials will be
named FOR this purpose Both the board
OF directors and the executive committee
VIII meet next Wednesday TO make final
arrangements for the operation OF the
system under the reorganization.
In some quarters it is believed that
president and other officers of the conn
pany viii be selected at this meeting
though at the last meeting OF the board
it was decided TO defer the filling OF Of
fees until the directorate was again in
control or the property.
The receivers probably will not be dis
charged until the latter part Of Novem-
Der, though they VIII not be active In the
management Of the system after they
turn It over 10 the company.
VIII Start FavOrnbIy.
The Seaboard Air Line Railway will
begin It's new career under very favor
able circumstances Under the receivers
about S5,O00,0OO has been expended In i'm
proving the road and its physical condi-
ton Is better to-day than ever before
Earnings OF the company are sufficient
to pay fixed charges. including interest
on the $25,000,00O adjustment > per cent
bonds, and leave a comfortable sum for
profit and loss surplus, and the system
is Just entering the best traffic months
With harmony in the board and all in
terests working for the common good
or the property, IT would seem there is
no good reason why the Seaboard. Air
Line Railway should not soon rank with
the most prosperous lines OF the South.
for the territory e serves is rich and de-
veloping at a rapid rate.
Stock and bond holders Of the companv
suffered in the past on account OF bad
management and conflict OF interests
but In future they will demand a strict
accounting from those in control and
will not tolerate conditions which
brought about the company's ernbarrass-
ment.
The Washington herald., 1909-10-24

~ ..F+''F-- EF-717771II V-F1aNF-'l
For the three months Of the fiscal year,
as compared with the corresponding pc
Rod OF 1903, the statement shows
The Washington herald., 1909-10-24

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