davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1911-03-12


ouNlce' the bonds were sold and the
posit.
Junior officials and clerical help of
washington banks have developed
lauudple ampltlon for education in the
field of finance. Not only do they attend
In surprising numbers on the splendid
course of lectures that have been given
during the winter by experts on banlino,
subjects, but the junior officers Of manS
of the Institutions have recently inaT.
gurated series OF dinners at which
the talks are all ON matters of finance.
The cashiers and assistant cashiers who
make up the cOterie have not formed
any organization. They are simply inn
bued with an idea of getting ahead in
knowledge and have decided to have
and that fiscal topic, so that
when the time comes for talking they
will be able to enlighten the others.
Such heavy subject as the Aldrich
currency measure did not phase one of
the younger men when it was especially
assigned to him for study and report at
future dinner.
These meetings and the gatherings at
the Washington chapter are full OF
promise for the future of banking in the
National Capital The friendly feeling
between the young men will hold them
IN good purpose when their time comes
ana tney VIII be able to act in harmony
Tor their mutual benefit
Local securities are acting in a man.
ner entirely satisfactory to holders.
There has been no irreguIarity, no par
ucular changes in prices, nothing es-
pecially new in the way of gossip, and
steady, fairly good investment demand.
Inc Inc reports of practically all corpora
non! LIONS whose securities are listed on the
EAGnanSe are in, and they indicate pros
perlty TO the usual degree. The coming
ERA Era session OF Congress will probably
hcTP 10 make the market more active.
me unusual steadiness. the trend
toMdru hlSher hgures and the independ-
encG Of the local market from the m
Settllng influences that disturb wall
street and other security centers IS
pelnR pressed home on capitalists resid1
Ing in this city temporarily. and tho,
are making larger PORTION of theiI.
Investments In local securities.
The Washington times., 1911-03-12

Certificates were then selling at 80,
and jumped on Monday afternoon, i'm
mediately following the flash on the
decision, to 67l5. Next day many local
people were going over their strong
boxes looking for these certificates. Lo-
cal banks did not bold any as collateral,
but Baltimore institutions did The
Bank Of England and investors in Eng
land and Holland have large blocks of
these certificates.
The chief point at issue Is yet to be
settled-the matter of the interest for
nifty years, which, even on per cent
basis, would equal the principal
A local banker recalls a visit thirty
years aGo from Gen. w. T. Sherman, at
that time a trustee OF the Smithsonian
Institution, intent on obtaining an es-
innate Of the value of these same GER
tificates, held in the assets of the
Smithsonian. The certificates were then
selling around 50, a price they have not
seen from that day to this. The gene
raj was given to understand that the
financier did not hold the bonds in high
repute and was advised to sell the block
over 100000 and deposit the funds re-
ceived In the Treasury of the United
States, drawing thereon per cent in
perpetuity.
This develops the fact that the Smith
sonian still has this very advantageous
advantage. The trustees may deposit
up to 81, coo. 900 with the United States,
and the Government must pay per
cent in perpetuity.
The Soldiers Home holds the same
privilege. A little later this institution
held about s., 100000 Government As that
The Washington times., 1911-03-12
FINANCIAL STATEMENTS
REPORT OF THE CONDITION
of the
McLachIen Banking CORPORATION.

1t Washington, in the District Of Columbia,
at the close of business, March I, 1911.
The Washington times., 1911-03-12

The decision of the United States
Supreme Court making valid the West
Virginia allotment of the debt of
the latter State from the Union, was
a very important one, and made much
more valuable millions of dollars
worth Of securities. The opinion was
based on the proviso inserted IN the
constitution of the State of West Vir-
ginia, adopted shortly after the with
drawal of twenty-six counties OF
Virginia in the mountainous districts,
now known as West Virginia.
The section on which the decision
Is founded follows:
AN equitable proportion of the
public debt of the Commonwealth
of Virginia, prior to the first day
of January, 1851, shall be assumed
by this State. and the Legislature
shall ascertain the same as soon
as practicable and provide for the
liquidation thereof by a sinking
fund sufficient to pay the accrued
interest and redeem the principal
within thirty-four years"
In 1870 the Supreme Court held that
the consent of Virginia to the formation
of the State of West Virginia under the
terms of debt agreement and the pro-
vision cited in the constitution of West
Virginia constituted an agreement.
Time and again Virginia has attempt
ed to force settlement. Time after
time, refunding and exchanging plans
were put into effect. In 1900 law was
passed in Virginia authorizing a COM
mission to accept deposits of certificates
on condition that the holders would ac-
cept the amount realized from West
Virginia in settlement of all claims. Six
years later the commission reported
that it had received 0,S51, 200 of the out
standing $12, 703, 453 certificates of 1871,
and $2,322,1H out of 81, rs, ,239 other certifi-
Gates issued at various times
Then the suit was brought that has
just been settled. The decision orders
West Virginia to pay S,1S2,507 of the
old Virginia debt.
The Washington times., 1911-03-12

were selling at I29, and, acting on good
s9ylce' the bonds were sold and the
Home still draws per cent on the de-
The Washington times., 1911-03-12

RESOURCES
Loans and discounts. s............,, SI63 ar 9S
OVerdrafts, secured and unsecured 4g SO
Expense ;........ :....:................ $500 81
Banking house. furniture, and fix
lures .......:......:...:......... 21sS "a
Due from national banks .....RA 1911 SS
Due from State and private o&aks
and bankers, trust companieS
and savings banks: ks.:..:............. s.Sss OIL
Shecks ana other cash items........ 80 90
Bils of other national banks... 500 90
Fractional paper currency, nickels
and cents .:..........:..;...:... 1S1 IS
Lawful money reserve in bank. viz:
SpeSle 80
LeBal-tender notes ....... 300 90
1855 IS
Total 2O5, III 70
LIABILITIES.
Capital stock paid Observation-Disclosures. $50, 200 90
Due to national banks =. SO, 1862 81
Due to trust companies
and savings banks. ....... 1858 g.
Individual deposits sub
ject to check ............. S3325 65
Savings deposits .......... 507lO97
Cashiers checks outstand-
ing ....................... 25m
155,11I 70
The Washington times., 1911-03-12

judgment, and it believes the Central
property is the better for the tardy cor
rection
The Washington times., 1911-03-12

lOldA III ID
District of Columbia, City of Washington, IS:
l. EDWARD s. FAWCETT, cashier OF the
above-named bank. do sOlemnIy swear that
the above statement is true to the best of
my knowledge and belief.
EDWARD S. FAWCETT,
Treasurer.
Subscribed and sworn to before me this
11th day of March, 1911.
]. CLINTON HIATT,
Notary Public.
Correct-Attest:
L E BRUNINGER,
wv. ESTES,
w. H. KLOPFER,
CHAS. z. GROSS,
G. H. PETERS,
w. B. TODD,
F. w. BOLGIANO,
WADE H. ATKINSON,
GEO. E. WALKER,
J. H. SAUNDERS.
WARD A. FITZsIMMONs,
p. J. NEE,
Directors.
The Washington times., 1911-03-12
FINANCIAL STATEMENTS
REPORT OF THE CONDITION
OF the
Park Savings Bank

At Washington, in the District of Columbia
at the close of business March 7, 1911.
The Washington times., 1911-03-12

At Washington, in the District Of Columbia
at the close Of business, Tuesday,
March Z, 1911.
RESOURCES.
Loans and discounts. s. O26 276 81
Overdrafts, secured and unsecured L. g.
Premiums on L. S. bonds, accrued
interest on investments. S2,6sS 81
Bonds, securities etc 4O7,s4s %
Banking house. furniture, and fix
lures .....................-...... O.2S5 Sc
Other real estate owned branches 23345 %
Due from national banks $242, 81 O2
Due from State and pri-
vate banks and bank
ers, trust companies,
and savings banks. 1S5, 5,O1572
Checks and other cash
items .........-......... 127s24
Exchanges for clearing
house .:.................. 22.sn 50
Fractional paper currency,
nickels and CENTS. 3236 81
Lawful money reserve in bank. viz:
Specie Neutrality-suspicious.. 6S,5S5 %
Legal-tender notes.. 2l.OO5 90
- $50, ,967 81
Total ............................ 3,2Os, ,Sss II
LIABILITIES.
Capital stock paid in................ 100000 90
Surplus fund ........................ $1,000 90
taxes paid. .......................... 7o.S4S "a
Due to national banks. s9,4I7 81
:. % ject toe to check ,.........t.. 4s5. .5ss So
Savings deposits......... 2,449, 436 Il
Time certificates of de-
poSit NEUTRALITY-SUSPICIOUS. GZUo 10
Certified checks. 5,O44 q
Standing ................ 3.578
- 2.s55.25O ST
Reserved for taxes.................. $500 90
Liabilities other than those above
stated, reserved for int. to de-
positors ACKNOWLEDGEMENTS. 2S5Oo 90
Total S.2Os. 500 IL
District of Columbia. City of Washington, IS
l. HOWARD MORAN. Treasurer Of the
above-named bank, do solemnly swear that
the above statement Is true. to the best of
my knowledge and belief
HOWARD MORAN Treasurer
Subscribed and sworn to before me this 10th
day of March, 1911.
WALTER E. HILTON,
q Notary Public, D. C.
Correct-Attest:
WIN. H BURCH
JOHN II. RUPERT,
VIM MILLER.
B. F. SAUL.
JOHN B. GEIER.
ANTHONY GAEGLER.
7. PHILIP HERMANN.
wM. E. SHANNON,
WILLIAM HAHN,
r. HARRISON JOHNSON,
JAMES F. SHEA
ALEX. s. CLARKE,
JOHN SHUGHRUE,
Directors.
The Washington times., 1911-03-12
FINANCIAL STATEMENTS
REPORT OF THE CONDITION
Of the
Home Savings Bank.

OF WASHINGTON, D. c.
At Washington, in the District of Columbia
at the close Of business, Tuesday,
March T. 1911.
The Washington times., 1911-03-12

RESOURCES.
The Washington times., 1911-03-12
Curb Prices for the Week,
Will Salvage Schooner.

"And interest.
The Washington times., 1911-03-12

RESOURCES.
Loans and discounts. ................s2,Oa ,Oat
Overdrafts, secured and unsecured
Premiums on L. S. bonds, accrued
interest on investments. g
Bonds, securities, etc............... 4O7
Banking house. furniture, and fix
lures ....................... 16C
The Washington times., 1911-03-12
Railroad Earnings.

Smallest day Of year.
The Washington herald., 1911-09-23

duty acting ad1tant. Second Battalion, but will
continue duties with Company G.
Second Lieut.. Wilmarth Brown relieved from duty
with Company K. blt will continue duty act
ing adjutant. Third Battalion.
Second Lieut.. Chester VI. Reich. relieved from
Second Lieut.. George z. TOlson. relieved from
duty as quartermasteT and Commissary Third Bat
TALON. and assigned TO duty with Company NJ
Second Lieut.. Clifford G.. Gardner relieved from
duty acting quartermaster and commisSary. Sec
o1d Battalion. and with Company z, and assigned
to duty with Company VI.
Second Lieut.. John II. Cole. assigned to duty as
quartFrnRsteT 0nd commissarv. Third Battalion, and
In addition will assist the reginentaI adjutant
First Lieut.. Henry ]. Stamhaugh, relieved from
duty with Company B and assigned as adjutant and
acting quartermastPr and cUmneSsary Of the Second
Battalion.
Second Lieut.. Charles VI. Hammond IS relieved
nom duty with Company b and assigned to duty a,
acting sdJutant and cunmisSary and quarteTmastel
OF the First Battalion.
Second Lieut.. Robert ". Hanneman. relieved from
duty acting quartermaster and cumnissary Firs'
Battalion, but will continue duty with Com
Tlny 4.
The new commander of + Company
and battalion adjutant. Third Battalion
Second Infantry, February !. 1907. Prior
to that time he had served as an enlisted
man in the old Washington Light Infan-
try Corps, and in Company NJ, Second
Infantry, D. c. y. G. In June, 1907, he
was commissioned captain, Second In
fantry, and detailed as adjutant, which
position he has held since. The company
of which ne Will have command is one
Of the best in the Guard.
The Washington herald., 1911-09-23
CURFEW SOUNDED
ON YOUNG SKATERS
Judge De Lacy Puts Ban on
Nocturnal Rolling.

Judge De Lacy is strongly opposed to
permitting roller skating after dark. He
expressed his views on the subject at
the Juvenile Court yesterday, when Ed
ward Gibson, of S11 Second street south
east, and John Williams. of S43 Second
street southeast, were arraigned, charged
with throwing stones at the automobile OF
Abe Cohen, of H6 Twelfth street north
west, while skating Thursday night on
Virginia avenue southeast.
Mr.. Cohen testified that as he was mo-
toring with friends. a gang of colored
boys on roller skates caught hold of the
ma chine. Cohen says that he warned the
boys to keep away from the car, but was
greeted by a volley of stones. Johnny
and Edward were arrested following the
hOmbardment
Il am determined to do all can to
break up this practice of roller skating
at night among the children of the city -
said Judge De Lacy to the young de-
PENDANTS. I have seen young girls
skating at II o'clock at night.
Now. young men, want you to spread
the news broadcast that I am going to
put an end to this nocturnal skating You
Young hoodlums have got to stop this
practice, or prosecutions will follow.
fine you each so. and place you on six
months probation"
The Washington herald., 1911-09-23
SIGNAL CORPS AID
FOR THE MILITIA
Lieut.. Foulois at Head of
New Army School.

Beginning next Monday, the Signal
Corps will inaugurate instruction of the
National Guard in aeronautical and
other signal corps work
Lieut. Benjamin D. Foulois. who ha
been on duty at San Antonio. Tex.
patrolling the Mexican border as a
signal corps air scout. will be in charge
of the new branch of militia affairs un-
der the War Department. Lieut. Fou-
lois, perhaps the most experienced
Of army aviators, will take up his new
duties In the Goodman Building. Penn.
sylvania avenue and Seventeenth street
the first of the week
About twenty-eight or twenty-nine
States now have signal corps, and their
chiefs will report direct to Lieut.. Fou-
lois, with a view to receiving aid in in
struction and possibly equipment. War
Department Signal Corps officers and
men will bS detailed from time to time
TO act with militia signal corps COM
mands, during the maneuvers, encamp-
ments, &c. I'm order to bring the militia
signal corps into greater preparedness
Brig. Gen. James Allen. Chief Signal
Officer. said yesterday:
Lieut.. Foulois is not detached from
Signal Corps aeronautical work He will
continue flying, and will keep in prac-
ttce at College Park. when weather per-
mits. He will have entire charge Of the
militia signal corps work. Another Of
ficer. not yet selected, will be detailed
to go to San Antonio, where we are
keeping one aeroplane. and continue
flights at that point, where there is a
large army post, and where we intend TO
retain our aviation station.
There seems prospect now that we
shall soon be able to get more officers,
for which we are very glad"
The Washington herald., 1911-09-23
LOCAL MENTION.
EXCURSIONS TODAY.

Norfolk and Washington Steamboat Company'I
steamers from foot Of Seventh street for Old Point
Comfort and Norfolk daily at 6s5 D. m.
Steamer Charles Mscalester for Mount Vernon and
harshall Han leaves Seventh street wharf at
q m and 40 p m. daily. except Sunday.
Cars from Fifteenth street and New York ayepus
every quarter hour for main entrance Zoo Park,
Chevy Chase, and Kensington.
Washington. Baltimore and Annapolis Electric
Railway operates siItythree limited trains each day
between Washington and Baltimore. leaving Fif.
teenth street and New York avenue on the hour
and half hour Also trains to Annapolis FIVE min
uteS after the hour.
Cans from 18th and streets northeast direct %
National Training School and BladersburR.
Chesapeake Beach train tchedule in railroad
column. Take New York avenue columbia Line)
street car. For additional Information 'phsns
Lincoln le9.
To Great FAllS-Great Falls and Old Dominion
Railroad cars every few minutes from nirysi1th
and NJ streets
The Washington herald., 1911-09-23
CARTER CLEARED
BROTHER OF DEBT
Montana Statesman Left His
Estate to Family.

The will of Thomas H. Carter, late
United States Senator from Montana
was filed for probate yesterday. The in
strument written in ink in small script
by the statesman himself. covers exactly
one page of legal foolscap. is dated May
Is, 1911, and witnessed by Edison B. Olds,
of the Union Trust Company: Irving Zir-
pill, of Fifteenth and II streets northwest.
and w. Frank D. Heron, 1870 Park road
northwest.
1t is directed by the testator that all
notes and claims held by him at the
date of the will against his brother, Ed
ward J. Carter. be handed to said brother
in full settlement of their affairs.
Mrs. Julia c. Lang, a sister Of Senator
Carter. is to receive so a month for life
The Washington herald., 1911-09-23
OFFICERS SHIFTED
IN DISTRICT GUARD
Col. Harvey, Second Infantry,
Makes New Deal.

Under the new law, which enables regi-
mental commanders to shift their off,
GERS to staff positions by rotation, a
complete change was ordered by Col.
William f. Harvey, Of the Second In
fantry. District National Guard, yester-
day. Chief among the changes was that Of
moving Capt. John Z. Brooks, now regi-
mental adjutant. from his present post
and putting him in command of Company
f. This was done at the request of the
lieutenants of Company f, and on the
application of Capt. Brooks.
First Lieut.. Edward F. Davis will sue
coed Capt. Brooks as adjutant.
Other changes are:
First Lieut.. Clarence L. Adams relieved from
The Washington herald., 1911-09-23
ANACOSTIA.

For the purpose Of considering the ad-
visibility OF organizing a branch Of the
Junior brotherhood of st. Andrew in
Emmanuel Episcopal Church, in Ana
costa, a meeting Of the young men OF
choir room of the parish hall, with a
goodly number present.
For the purpose of providing a wider
space for traffic along Nichols avenue,
through AnacostIa, a request Is to be
made to the Commissioners that they
request Congress to reduce the width
of the sidewalks on either side OF this
street two feet and thereby add four
feet to the roadway. At present II
is just possible for a team and car to
pass at the same time, which makes il
inconvenient for those desiring to board
cars and also delays teams, compelled to
stop while passengers are boarding or
leaving cars. The sidewalks are of ample
width to permit curtailment to this eX-
tent
A large force of plumbers are at work
at Congress Heights installing water,
sewer. and gas mains into the residences.
So eager are the property owners 10
have this service installed that it has
been impossible so far to secure enough
plumbers to carry on the work.
The special committee of the Public
Improvement Association of Congress
Heights, having in charge the arranging
for a public meeting. to be held IN the
town hall in the near future, when
prominent officials OF the District will
be invited to attend, is hard at work on
scheme that will give to Congress
Heights probably the largest meeting OF
its kind ever held there. and be far
reaching in its effect upon the commu-
nifty at large. 1t is also hoped to in
crease the membership of the association
through this meeting. The committee
is composed Of Milton ]. Fillius. chair
man: f. w. Torney, w. p. Ballard,
Francis wahIer, and Gustave Bender.
The Washington herald., 1911-09-23

out of the income of the estate.
The residue is bequeathed to his wife.
Mrs. Ellen L. Carter, and at her death
to the sons, John G. Carter and Hugh
Thomas Carter, in equal shares. Mrs.
Carter and the sons are named as execu-
tors, the wife to be sole eXecutrix until
the sons shall have reached the age OF
twenty-four. Nothing showing the value
Of the estate accompanies the will.
The Washington herald., 1911-09-23
Would Lock Up stock Issue.

Floyd A. Roman yesterday asked the
court to issue an injunction preventing
Charles V. RiChey and the Telephone
Lock and Call Register Company from
transferring any of the shares issued to
RiChey, also to enjoin the company from
receiving any assignment of stock. The
court is also asked to appoint a receiver
of the stock. subject to the order of the
court
The Washington herald., 1911-09-23
STORY BRANDED AS FAKE.

Assistant Attorney General Denies
Report on Trusts.
Assistant Attorney General Fowler was
annoyed yesterday when he read a story
which purported to be an authoritative
announcement OF the Department of JUS
tioe on the departments attitude toward
trusts The statement. widely printed.
was in quotations. giving It the appear
ance of having been issued by Attorney
General Wickersham, or at his direction.
Mr. Fowler publicly branded the story as
a fake"
1T is the creation of a nimble brain,
declared the Assistant Attorney General.
NO such statement was issued or will
be issued 1t s purely imaginative on
the part Of a reporter"
The Washington herald., 1911-09-23
WILL BOOST EXPORTS.
District Delegates to the Manu-
facturers' Convention.

facturers' Convention.
Henry c. Finkelstein and DR.. Arnauld
w. Belmont were appointed by the Com
missioners yesterday as delegates to the
second annual convention of the Ameri-
can Manufacturers Export Association,
in New York, September % and D.
The delegates were appointed in place
Of A. c. Morris and E. c. Graham, who
were named by the Commissioners last
week, but who found it impossible to
accept AS no District fund ais avail
able, the delegates will be required to
pay their expenses.
The Washington herald., 1911-09-23
Sues for Maintenance,

Charging Clarence Jarrett with drunk
enness, desertion and nonsupport, Mary J.
Jarrett yesterday filed suit against him
for maintenance. They were married
April 2S. l9l0. and there are no children.
The Washington herald., 1911-09-23

Light gray uniforms which the Ger
man army is testing seem to make their
wearers invisible when strong search
lights are turned upon them.
The Washington herald., 1911-09-23
Hamlet.

A French aviator has shaped the planes
Of his aeropiane to resemble the lines of
a rather fiat-bottomed but sharp-pointed
boat.
The Washington herald., 1911-09-23

There's Nutriment I'm Every Crumb
OF Jno. G. Meinbergs Bread. Bring youI
children up on this health food" Grocers'
The Washington herald., 1911-09-23

Perfection In Oyster Cooking!
Phila. Oyster & Chop House, 513 18th st
The Washington herald., 1911-09-23

The steam hammer was invented. by
James Nasmyth in 1888.
The Washington herald., 1911-09-23

There are now log unions in the He
brew trades of New York.
The Washington herald., 1911-09-23

Oysters. Nd. quick. s10 9th & 10os Pa. ~.
The evening world., 1911-02-01
GRAPHIC S0RY@ WRECK, OF SURGNG CITY CROWDS AND RUIN CAUSED CRASH

their roofs were lifted of the sides. but.
miracle as 1t seemed. the boxed-up ex-
plosives, which ran up into the tons,
had not been set m. Ii W. the biggest
wonder Of all, that wonderful picture
OF wreck.
One Man Remembers.
And yet the forward car OF the string
wasn't a hundred feet from where the
Catherine W. had been moored. found
one man whr could remember Just how
things locke. on the lighter a minute
before the crash ame This man was
one Dillon. a Brooklyn Irishman who
was aboard the Slgrid to check out the
cargo for the consignee.
There were about fifteen men as
work on the lighter at the end OF the
pier" said Dillon. 1T was just l.
o'clock n the hands in another min
ute would have knocked IN for lunch.
Then something let go and I found my
self buried under half a ton OF smashed
stun. / dug ms way out and looked
toward the pier end.
1T wasn't there-pier, lighter. the
fifteen men and a freight car-they were
all gone"