davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1910-12-18
MARKET SITUATION NOT HOPELESS
AND IT WILL CERTAINLY COME BACK"
During Year and Trade Situation Grows More Favorable
Demand for
JOHN GRANT DATER,
Nuns

be a different story. but under the
existing circumstances. any slow down
that We may experience ought not to
be especially harmful.
CountTy's Banking Position.
II the SOLDERING eject OF diminished
Industrial activity should make Us less
eXtravagaut, as nation and as indi-
vicuals, so much the better: and II
some portion Of the new wealth ex-
tracted from the sell should go to-
ward the settlement OF old debts,
rather than 10 the stimulation OF new
enterprises. and the granting OF new
and stin more burdensome credits, the
country VIII be none the worse of for
the operation NJ country can 20 on
Indefinitely wasting its substance and
expanding its debts. Some time or
other 1t has got 20 husband its re-
sources and make its settlements. and
the present interval may afford an
opportunity to do 50 without much
difficulty.
If we contrast the ComptrorIer OF the
-eIIency reports OF the zoo national
banks Of the country on November IS
1919, and November 70 1910. we ind
that, despite the stock market nuuida
ton, loans have expanded 500 SIS 81
or increased cash holdings Of but
Sll-209.925. The Individual DEPOSITS have
increased SISf.3i5.3fS. but since cash
holdings have gained but the triainC
sum Of 81, 100000, IL Is clear that the
bulk OF the Increased deposits are sim
ply paper credits The national banks
Of the country At the present time re
port loans and discounts Of s.. 80 So SIS
and deposit Ia biiitiee or 500 IS. 2os the
.osns exceeding the deposits by us
NM The enormous volume OF Nb-
legations is sustained by specie and
legal tender holdings Of S1sO70 eco
With deposit liabilities. the country
Over, six and one-falf times larger
tnan the volume OF { ash that supports
them there is no margin for further
espa 1siOn. and The country NAV CONT
itseli fortunate II j. can adjust che
nothing eutaiiing greater hardship
than lesse0ed commercial activity.
Adjusting Trade Balance.
In the way Of general news the moSt
favorable development OF the week.
touching the Fundamentals. was the
Government report OF the country's for
eiEn trade for the month OF November.
This makes a pleasing contrast with the
domestic banking position just referred
to. and. IN a measure, tends 70 correct
It, The trade statement shows ner-
chandise exports increased SO. 80. 957.
and merchandise imports decreased SO
lf7r555, making a total excess Of nler-
Chandise exports Tor the month or 81
slasfa1s a. compare Win -NOEEETlueT-
1853. This works for the rectffcatiOn Of
the country's international balance, and
the sum total OF the credit balance OF
the year now promises 10 be ebout that
or 1903 For the eleven months OF the
calendar year 20 date the excess ex-
ports amount TO SOL. 20. AZ counpa red
With SIS. ga 81 in 1909 This IS a poor
showing when ContraSted with the
$50 600 90 excess exports IN 1915. but
when one recalls fhat-up 20 August an
adverse balance rested against the
country, Il IS apparent that the present
The Washington times., 1910-12-18
SECURITY SITUATION
IS VERY SATISFACTORY
Action of Gas Securities Bears Out PredictonsNo Joke
in Joker Remarkable Growth of Trust Business.
Express Stocks Affected by Parcels Post Outlook
By L A. FLEMING.

Dense gloom on wall Street Entire
satisfaction with security matters IN
Washington Once again the practical
demonstration Of the independence OF
the local security msrket-tO the salts
faction Of holders Of stocks and bonds
IN local corporations
II is gratifying to note that the action
OF Gas securities has been largely in
line with predictions in this column
II is not more than q few weeks ago
that the a. were offered daily at 107
and the rights on the new IS at lg7
I'D TO l09st and back TO los, The stock
also dropped with a more or less &C
CELEBRATED speed from 81, where it sold
after the meeting where the new Anan-
cling was approved, TO 1874. Just enough
TO catch a stop order.
Much has been heard since the meet
ing OF the wonderful little Joker BY
which the action relating to the In
creased dividend was to be nullifed ana
more viii be heard as the days pass
on. After all the joker has none Of the
appearance Of a joker at all, but rather
Of careful, conservative wisdom 1t is
found IN the qualifying sentence, 4
earned" IN relation to the payment
dividends have been paid on more than
one stock in this city that have not
been earned. and conservative manage
rnent- when given the reins Of control.
have promptly reduced the distribution
to meet the income
The desire of the Gas Company to quiet
antagonfsm and make friends has been
partially demonstrated by the cut to s.
cents, and IL Is within the possibilities
that Sn-rerlf gas Is not so vary far away.
It bears no great threat to the share
holders. nor does it weaken the position
Of the bonds It has been demonstrated
that cheapness in price increases con-
sumption. 1t might be put yet another
way without much deviation from the
truth-the cheapening OF gas does not
materially lessen the individual gas
bill There are those who believe that
natural gas VIII furnish the basis of the
local supply before long
It would be interesting to know the
exact differences between the loss in gas
at s. cents as compared with 30 cents.
and more especially with relation 10 the
saving in expenses for legal talent whe
it is no longer necessary to act on the
defensive
Gas bonds are high enough. and they
may go higher; but with bankers openly
regretting that they haven't more
IL doesn't seem as If ; per cent bonds
should continue to advance It is the
same way with other bonds. but cOndi-
tons are not going to remain this way.
money has habit of coming back TO an
easier basis, hence investors seeking the
long-tern good income bonds are will
ing to pay high for their future.
But for the 10 redemption clause Po-
The Washington times., 1910-12-18
Revolt In Full Blast
In Peru; Town Captured

LIMA. Peru. Dec 1S--Ihe wave OF
revolution which started IN NICARAGUA
two years ago and since has spread u
Venezuela, Mexico, Honduras. ana At
gentina has made It's appearance II
ieadIy earnest IN this country
The insurgents have captured the town
OF Abancay. capital OF the department
and province Of Apgrirnac, IN Southern
Peru and have also taken several
smaller towns
The government is rushing troops to
the dfsaffected district, but Il Is thought
that the rebels are too strong there 70
he attacked in their own stronghold
The Washington times., 1910-12-18
Booker 7. FaVOrS
Tipping of Porters

BOSTON. Dec 1S-BOoker T. Wash
fngton. the negro educator and cham
pion Of his race. Is in favor OF an in
crease in wages for Pullman car POr-
tiers. and he also favors tipping He
made this announcement today at the
Parker House
81 have heard the controversy over
the tips paid Pullman car Porte=sY" he
said. Ny view Of the case IS that
many OF these porters, II not ali Of
them, deserve a larger wage than they
now receive"
Are you averse, then, to tipping2' he
was asked
Not IN the least was the reply II
don't believe that the average traveller
begrudges the tip he gives the negro
Porter. I think the traveller considers It
a privilege TO give the porter something
for his services
The Washington times., 1910-12-18
Expresssmen's Strike
Ties Up Santa Claus

SPRINGFIELD. Mass. Dec. 1S-The
strike OF express drivers in the employ
Of the two largest express companies IN
the city was declared today, to take
effect tomorrow. by President c. I.
Driscoil, local expressmen's union, after
al agreement submitted last MONDAY
70 W NJ Barrett. representing the
companies, was returned unsigned
Nearly 100 men viii Be affected The
men asked for a IS per cent increase
IN wages, which means an advance
from % TO q cents an hour, and the
reinstatement in their positions OF nine
men discharged for alleged activity IN
the union
Since the two large companies con-
troll practically al the express business
IN the city. a serious tie-up Of business
in the city is feared tomorrow.
The Washington times., 1910-12-18
KEEP MOB
FROM SECT'S HOME
Crowd Seeks Head of Gift
of Tongues, But Is
Frustrated.

ALLIANCE. Ohio, Dec. 1s.-The mis-
sionary home OF the sect known as the
Gift or Tongue" is being protected oy
deputy sheriffs here today 70 prevent
violence from a party OF Cleveland and
Canton men, who were aroused yester-
day by reports Of conditions existing at
the home
The authorities are guarding the
suburban cars. and q constant patrol Is
being maintained in streets leading 70
the home The mob says It wants par
ticularly 10 capture the Rev. Lew X
Lupton. head of the sect Plans were
made 70 mob LuptOn last night. Dut ne
could not be located The authorities
frustrated the proposed attack
The Washington times., 1910-12-18

list of the New York stock exchange
are secured by mortgages held by
trust companies as trustees. The day
of the private executor or executors
for estates OF Importance mas gone
with the coming OF the trust com
pany.
Some one has suggested, and more or
less wisely, that If the shareholders IN
the railroad corporations would come to
the front en- masse and use their efforts
in favor Of higher rates, their services
might be very elective
with an army Of $1,000 stockholders In
the railroads, a corps Of railroad EN-
rloyes and employees OF the industrial
corporations that are interested in rail-
roads prosperity. and dependent large
" on the railroads for employment,
making strenuous demands for higher
rates. the complaints OF the shippers.
who have. with the exception of Jones,
never paid the freight, nor lodged re-
bate, might be less emphatic.
The Washington times., 1910-12-18

tomac SIS would advance sharply TTac-
ton SIS are high enough
Express stocks have lately been show
ing decided signs OF weakness and viii
likely 90 lower. They have furnished
an excellent investment heretofore, tho
returns being large and many an ex-
ira dividend has been declared.
But the sisns Of the times are that
parcels post Jaws VIII be enacted with
For a number Of years the retailers
scattered around the country II great
pTofusiOn have fought the attempt %
secure enactment Of such measures.
tail mail order competition has been
enormous Now with the President,
the Postmaster General. and many
members OF both the upper aud lower
houses favoring II. the law seems not 50
far Of For this reason Southern Pacific
parted with its holdings IN WeIls-FaTgO-
Il IS very questionable whether the
po5t0ffice viii ever do the business now
undertaken by express conpanies-part
Of Il certainly. but most OF the bust
ness viii still so via safety and speed
that the Government cannot hope 20
meet-but at reduced rates and In the
car rates lies the danger TO express
stocks as dividend payers.
The antipathy that once existed
against the word trust in connection
with banking corporations is fast dis
appearing II is rather surprising to
know that the trust companies OF the
United States guard $4,000. 10000 Of
treasure. $1,000, 600. 600 consisting Of their
own capital and the rest IS IN their
care-in their protection as trustees and
administrators
There has been considerable aTgu-
ment of late as to whether, IN the
forming Of new banking institutions
II was wisest TO form q trust company.
q savings or a national bank
For each a special argument may
be advanced For each there is a spe-
cific place
Washington is developing FIVE great
trust companies-wfth the necessity
of a million capital. the stumbling
7 block IN the way OF a greater num-
Der. The provisions in the charter Of
the trust company are more liberal
than those Of a national bank The
trust feature Of the business, gener-
ally speaking has been enormous
Trusteeships OF corporations. Of cor
executors of wills, cUStOdians thereof.
registrars of stocks and bands, trans
fer agents, and buyers OF bOnds-an
functions that return handsomely.
and that have often grown greater
than the banking feature Of the bust
ness
no estimates are made Of the grand
total Of these features OF the buSt-
ness, but there are trust companies
that could close their banking de-
celsent dividends TO their depOsitOrS
from the revenue that would accrue
from business on the books and new
trust business that would come in
naturally And the work OF handling
: inves tments leaves little in the way
Of profits outside Of the trust COM
Fully IS per cent Of the large bond
The Washington times., 1910-12-18
The Safest investments.

Are those that DO not nuctuats during .-ls-
suroec condftions % the money stock nzr-
keta First deed Of trust notes ffrSc mort
gaEes). well secured On real estate IN tbs
District % Columbia. constitute gilt edge
Investments They do not depend Upon the
financial responsibility OF individuals OF cor
porztIons for their stability and are exempt
from taxation as personal property We CA
supply such investments IN amounts from
800 upEA-- Send for booklet --COlcaTui1s
Loans and Investments"
Sw&rtZell, Rheem &
Hensey Co.,
III 18th Street \. ".
The Washington times., 1910-12-18
Refreshments" Make Test
Easy for Navy Officers

PORTSMOUTH. Dec ZS-The officials
at Portsmouth Hospital inform the head
Of the naval bureau that older officers
completed the ffty-TniIe walk and 100
mile rides in better shape than the
younger men, owing TO the refreshments
partaken Of on the route and the rub
downs given them by the hospital corps.
Surgeon General Stokes states that these
luxuries don't go with the endurance
test
The Washington times., 1910-12-18

tomac SIS would advance sharply Trac-
ton SIS are high enough
The Washington times., 1910-12-18

7 r4E-71Flueu0-
Total sales for the week, 1.76s. 500
The Washington times., 1910-12-18
Extreme Dizziness Stock Aka, Approaches the Holidays IN An Extremely
THE STOCK MARKET OF THE WEEK


andt the yearls 0
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
A FOURTEEN INNING GAME
High School And Santa Clara Teams
Did Good Playing.

A very interesting game of bali
was played Tuesday afternoon be
tween the High school aud Santa Clara
teams. The game was finally ended
in the fourteenth inning, on account
of darkness with the score to 3.
Both teams did great work. If it
had not have been for the excellent
support the Santa Clara team gave
their pitcher, the game would have
been easier for the High school lads,
but as it was, it proved to be a very
interesting game.
The features of the game were the
battery work of Baumgartner and
Davis and the fielding of Bunkley for
the High school.
The two teams expect to meet some
time in the near future to play off the
tie, and it is expected that it will be
a hard fought game.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
IS IN NORWAY NOW
ROOSEVELT RECEIVING ALL HON
OR DUE TO THOSE OF
NOBLE BIRTH.

Christiana, May 4.--Col. Roosevelt
and party arrived here this afternoon.
Col. Roosevelt was formally receiv-
ed at the railway station by King
HaaliLn and Queen Maud. With the
roI Z party were Premier Aonow
ana oJher high officials. Great crowds
cheered Roosevelt as he drove to the
palace. The decorations abounded in
American flags entwined with those
of the Norwegian cOlors.
The Rocsevelts came by train from
Copenhagen, which left last night. AT
every stopping place he was greeted
BY .arge crowds. According to present
plans the Rooseyelts will remain here
until Friday evening, when they Wlll
Droceed to Stockholm.
Roosevelt tomorrow delivers the
Nobel prize lecture at the National
TAeater, and in the evening will be
entertained at a banquet. Friday he
will receive the doctor degree from the
King Frederick University.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
WORK ON OIL cOMPANY'S TANKS
STARTED YESTERDAY MORN
ING AND WILL BE RUSHED
Purchased Two Lots South of r l..
Mobiles Mill Where the Warehouses
Tanks, Etc, Will Be Rapidly Put
Together.
Together.

A representative of the Gulf Refin-
ing Company reached Brunswick
yesterday and he Immediately got busy
and started the erection of a large
warehouse for his company, hiring
all the labor here.
This company recently purchased
two lots just south of the planning mill
of r. l.. Noble, and within the next
thirty days the offices, warehouses, etc.
will have been erected. They will
also have a pipe line from the gaso-
line tank to the river in order to
serve the many motor boats now in
the harbor
Two tanks will be erected, enc for
gasoline and the other for kerosene
and both will be modern in every re-
spect.
The Gulf people have been doing
business in Brunswick something over
a year, but during that time the COM
pany has had steady increase OF
business, in fact the building of their
own warehouse, etc, shows this.
w. H. Boyd is the local agent Cf
the Calf Refining Co.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
BATTLE OF BALLOTS IN
GLYNN COUNTY PRIMARY
TO NAME WINNERS TODAY
ALEX LIVINGSTON
CHAS. T. MOODY

Some voters seem to be under the
impression that they are compelled
to cast a ballot for all CT those unOp
posed. This is a mistake. If you de-
sire to scratch any name, either 0p
posed or unopposed, you can do so and
your ballet will coInt. In this it diff
fers from the Australian ballet sys-
tenn. If you care to, you can scratch
all the county commissioners and all
the candidates for the executive com
mittee or one of the two of them OF
as many as you care to.
Those residing in districts outside
of Brunswick will have to vote at the
polling place in the district where
they reside. A country citizen cannot
vote in the city and vice versa.
1t is expected that an unusually
heavy vote will be polled today 1t is
true that the registration list is
smaller than usual but this is due to
the new registration law as many of
the people did not understand it, TAX
ing the number on the present list
and those of former primaries, and it
is expected that the average will be
far greater than ever before.
The polls will be open at o'clock
this morning and close at $50.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
He MUST REMAIN
RESIGNATION NOT ACCEPTED
AT BOARD OF EDUCATION
MEETING YESTERDAY.

The members of the board of edu-
cation have made up their minds
that Supt. Ballard must remain at the
head OF the local schools.
AS was announced some time ago
Mr.. Ballard sent in his resignation
to take effect at the end of the pres
ent school term, but the school board
unanimously reelected him and,
without his consent or knowledge as
he is at present in Athens attending
the meeting of school superintendents.
1t is generally conceded in all parts
Of the state that the schools Of
Brunswick and Glynn county stand
second to none in Georgia and this is
due more to Supt. Ballard's energy
and good management than any other
agency.
Mr.. Ballard will retlrn to the city
within the next few days and it is to
be hoped that he will not hesitate
about accepting the board 5 unanimous
election.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
THE "WORSTED MAN" WAS GOOD
Big House at The Grand to See Local
Talent

There was hardly d vacant seat in
the opera house last night, the attrac-
ti0n being The Worsted Man a play
by local talent and those who atten l.
ed were not disappointed. Frank
Dunn, in the title role, was fine, in
fact those who did not know him.
sail he had been imported for the
Gccasicn--was a real actor under an
assumed name.
The singing of Miss Garner was
grand. she too, played her part like
professional.
Richard Everett as "Sambo Front
was equal to the occasion and he de
genuine negro way. Mrs. Boykin, as
Miss Mariana Jones' a summer girl,
willing TO he wOOed, shc wed that she
was Wiling Just needed the gentle
man to do the wooing; Miss Estelle
Brown as Miss Babbette Hawkins, an
other anxious to be courted left no
doubt as to the anxious part in the
cOurting line Miss Kezzie ConOley,
as Miss ,Ianette Darlington, a third
desirOus to be won was not exactly
what you would call backward i'll the
counting line; Miss Cate, who as
Miss Susanna Darrow. not adverse to
galantry, had her strings out for a
gallant" masculine; Miss Maud
Nightingale, the fifth looking for a
cavalier looked alright and locked
with all the looking qualities She pos
sessed; Miss Matte Bishop, as Miss
Prudence Andrews, sixth with her
cap set, should have used a seine
she would have got him then; Miss
Katherine Stiles, Ethlenda Dewitt,
quite thirtyseven; ready for anything,
was first in years and ready to talk.
The chorus was good and the entire
play, from start to finish pleased the
packed house. 1t was about the best
amateur performance ever given here,
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
M|tL MEN To MEET
GEORGIA AND FLORIDA ORGANi
zATION WILL MEET MAY 9 AT
ATLANTIC BEACH.

The Georgia Florida Saw Mill Asso
citation will meet next Monday, May
8, in the Continental hotel at Atlantic
Beach.
This association is one OF the larg
est lumber organizations in the entire
south and is of vast benefit to the tim
ber industry of this section Of the
country.
1t numbers among its members
most of the large Lumber dealers CT
both this state and Florida, and its in
fluence is felt throughout the entire
country.
The coming meeting is of unusual
importance, and there are at present
many lumber men of the city making
preparations to attend the convention
which premise - Lave a full at
tendance.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
THEY SAY ELECTION IN ALA
6AMA WAS A GREAT BACK
SET TO THE CAUSE
Local Option People Say the Action
OF Our Sister State Only Shows
That Reaction Will Sweep Dry
Sections.

Prominent local prohibitionists ars
divided in their opinion as to the
cease and the effect of theaelection
'i.<'Alabama Monday, by WI ch the
local option ticket of the state was
elected by comfortable majority over
the candidates running on a platform
faVoring the making of state prohibi-
tion portion cf the state constitu-
tion.
Il believe said prohibition leader
yesterday, " that Alabama Anti-Saloon
LeagIers paved the way for their own
defeat when they attempted to make
prohibition an amendment to the con-
stitution of the state. The people
were not ready for such a move, and
hundreds who are really in favor of
prohibition, did not favor this move
ment. | believe that ONeal and the
others could not have been elected
had not this issue been raised.
1T goes without saying that | an
sorry to learn of the result of the elec
tion, but I feel that its effect will be
confined to Alabama alone, even there
to the cities, and that it is only a TEN
pOrary backset to the cause of prohi-
bition'
Il feel,' said another Anti Saloon
League man, that while prohibition
in Alabama has received a temporary
setback, we have no reason to be dis
couraged. Many people in Alabama
understand, waO are opposed to sa
| looms, did not favor the constitutions
amendment. This doubtless accounts
for the apparent defeat of the prohi-
bitiCn cause. am sure however. that
prohibition. in and of itself, has lost
little, if any, ground in Alabama. and
look to see no abatement in the yea
| with waiCh the cause is pushed not
only in that state, but throughout the
entire ctountry.'
But an entirely different veiw was
expressed by Brunswick local optior
followers. Its a reaction said q
prominent business man yesterday
"Pruhitition has proven an absolute
failure in Georgia both from a mora
and business standpoint. Why watcl
the court records since this state
I went dry, and you will find double
the number of cases caused by drink
Another said. Yes, | read the re
turrs from Alabama with great inter
est and we will be in the same bCa
when the voters get a chance to vote
on the question. Legitimate liquor
dealers rather than unrestricted
blind tigers-thats the whole thins
in nutshell
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-05
DANIELS CONDITION

Lynchbug. May AT $3.50 clock
today the following bulletin as to Sen
ator Daniels condition was issued;
"Senatlr Daniel has slept more than
nine hours during the past twenty-four
hours. Ills condition at this hour
C9:3O o'clock) is about the same as it
has been for several days past, except
taat he is stronger than he was
There has not been any improvement
in his mental condition during the
past few days. but it is hoped that
more sleep and less delirium will bring
about an improvement in that diree.
ticn in short time