davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1912-10-29
BANKERS APPROVE
NEW CHARTER BILL
Proposed Incorporation Measure Il
Adopted BY District Association
at Called Meeting.

Forty representatives Of the banks and
trust companies Of the District attended
the called meeting Of the District
Bankers' Association a. the New WILL
lard. last night. The chief subject Of
ton bill ~ discussed IN the Washington
Herald last Sunday. II II therein pro-
posed that all savings banks and insti-
tutions chartered under State charters
and banks that may hereafter be or
ganixed shall be Incorporated under the
proposed law. In the District. making
double liability of shareholders Q feature
and providing for q reserve on deposits
equal to that now carried by national
banks.
The evening was taken up with the
arguments. finally resulting in the adop-
ton Of the measure by q good majority.
In q word. this would simply mean that
savings and other State institutions
would be chartered under . stringent
District law instead Of under the laws
Of Virginia, West Virginia, Arizona. &c.
1t 10 . movement In the direction Of
greater security to depositors.
The question Of certifying Q check for
the payee thereof also was discussed
pro and also con. Some Of the banks
are willing to give their cashiers checks
or to pay the cash, but will not certify
except on the call Of the maker of the
document.
President H. H. Mckee, Of the Ma
tional Capital Bank. was authorised to
appoint . committee to look into the law
cn the matter and report later on.
The president also was authorised to
appoint q committee to work with W. J.
Lanch and other gentlemen in endeavor-
Ing to obtain national currency lesisla-
ton. the movement being now conducted
bv the National Citizens League.
The United States Savings Bank made
application for membership and will be
sdmitted later
The Washington herald., 1912-10-29
MARKE m b COMlERC CE'

~ neaghbeeheed e 0eeaeoA TAao vin
mean eutyaus aftR eli sceargea IN
caudinG dividendA e soabsthlng NE
Lsedint virsiaia plg iroa producsrs
havs aAvanced ths PRIV q No. foundry
Iron . csnts pse ton. ,ma1ring the prss-
ent eeotatica % Per ton for the drst
quarter and 11kie for The seoonA quar-
out Of the markst for this years delivefy.
UnlessN plaas are changed. the Asnsrt-
can Cotton on Company WIN resume
the declarations Of dividsuAs On the
common stock, when the directors meet
November I. When the dividend was
passed last November ~ Per cent was
being paid semi-annually. but not ~
much ~ that 10 expected TO be dsclareS
at the forthcoming mesting. The various
plants Of the company are now In full
blast. ~ this u the height Of the man
ufacturing season.
Foreign exchange market opened
with strong demand. Sterling and cables
advanced fifteen to twenty points
Small. but persistent selling Of Bal
timore and Ohio for foreign account.
Every day q Gsw hundred come in for
sale for this account. elayback bought
Interboro preferred. Boyner sold through
J. 9. Barnes. o. II. 0runer u watch
Ing carefully. He bought . lot on
Saturday.
London-of the 100000 pounds gold
that was received from South Africa to-
day 100000 pounds was secured for ship
ment to India. and the balance was taken
by the Bank Of England.
The Washington herald., 1912-10-29

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C0yYED-fhs cu1se masbses Il IL WuslA waD
b eu1st seats TO-DAY. Ths tslAl alss N ~
~ q Hsvss vrsV only 0.ep haes md q HnnbsU
~ bus1saD totalsd D.oo haO. vhils ct Nv Yosk
thsso vas aaoW buGlnssA AZ ths ans tins u3O
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vs,nss vsss . httis iovx Thar they wsrs = ths
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M daysa uufcan vpgo a fnllouu.
The Washington herald., 1912-10-29
REAL ESTATE TRANSFERS.

Ii Twelfth street Noftheast-H1man B. H0ven-
stein It VI. to Prank d. and Lucy KiimdswieA
lot .. square -. SO
villa Park-Clara A. Msrden e vir. Edwin 4, to
William Swan. lots and 10. square tzO. oD1
villa Parf Heishts-Ssme To Geoge H. Gihsou. lot
Is. square SOL. and lot Il. square GO. s'No
Same 10 BENJAMIN W. Gewtg. lot y. sa1ars
fz5 xEs.
Hampton Pafk-Munidpal Building Company to
John p. Pace. lots 8 and =. square $50. 80
Fourteenth Street Hdghts-Charies H. Light q M.
to Henry c. stouaer. lots Z and 5. square 9tA
Congreaa He4shts Eatensiop-Reuben Z. Tmbers e
ux. 10 Edward W. womaek. lot 9. square 1c4
Sehuctsen Part-ackson II. Ralstou. Ct al. trusesea
To May Mex. Norris and Edward A. Norzia. lot
{. block 1 C.S5.
SIS n Sereet Northeas-sarah r. Warn9 to Bur
drtt ssEytT. l1e II. square N SO.
- and - Ninth 6trsst Nosthsast-MaxSs L Chss-
lsy ct a. to Herman =. H0wenstein, lots . and
= and part lot q. square ~. so.
Mount PIeassnt-Jordan Co. 70 John o. Ghsen,
lot %. square IA. 80
p Street Noethwest. between Foutssnth nd ~
teenth STREETS -George +. willianA trusfee. to
The Washington herald., 1912-10-29
THE TURN OF THE TIDE.

Five railroads reported their earnings
this week for September and the first
quarter of the current fiscal year. and
In each instance. that 10. for the month
and the three months. new high records
were established In gross. The fve COM
panies were Athison. Baltimore & Ohio.
Chicago q Northwestern. Kansas City
Southern. and Lehikh Valley. With the
exception Of the Baltimore & Ohio all of
the five companies reported large in
creases in September net and in net
for the three months. Baltimore & Ohio
reported decreases, because, owing to
floods in the West Virginia coal district.
operating expenses were abnormally
high.
Unlike gross. however, no new high
records were established in net either
for September or the three months. This
year Atchison earned $2,3s3.00o net for
September. and $s.5s6000 net for the
three months; in 1903 the company re-
ported c.2ss.ooo for September. and g.
~, 900 for the three months. both above
this years figures. All of the other
roads show that high records in net
were established either in 1903 or 1907.
To say that the railroads are reporting
showing new high levels in net Is equiv
alent to saying that this years operat-
ing expenses for September and three
are higher than those for other
years. That IL true for two reasons.
First. wages cost more than in 1909 and
1907: next. the railroads have been skin
ming their roadbed and equipment for
the past few years. and now that bust
ness has picked up more money must
be spent on maintenance.
That September gross and net were
larger than the average for the three
with the exception Of the Bal
timore & Ohio. Is shown in the follow
ing table giving the charges for the
month and for the quarter:
The Washington herald., 1912-10-29
BUILDERS UTILIZE
>THB FINE WEATHER
Large Structures Hear the Center Of
the City Going Rapidly TO.
ward Completion.

Builders are taking advantage Of the
fine weather Of these autumn days to
push operations along on all structures
that are under way. Most of the con-
tracts. especially on the large enterprises
near the center Of the city. are under
time contracts. and the builders are
anxious to make as much progress as
possible before snow flies and before
cold weather shall make II necessary to
suspend operations.
The large addition to the Georgetown
University Law School building In
Sixth Street. near E Northwest. 10
going rapidly forward under the super
vision Of the p. F. Gormley Company.
The walls are up to the second floor
line. Work began on this building Sep
tember Is and II IL expected that II win
be finished early in January.
Andrews BuildinG Well UD.
r. p. Andrews Paper Company's new
home at 7H to 7sl Thirteenth Street
Northwest. IL also well under way. The
steel work 10 now in place and the walls
are up to the fourth floor line. The same
contractors are working energetically to
have this structure ready for occupancy
by December Is
The building Of the Southern Dental
Supply Company. at 1z5 H Street is
nearly ready for the roof. and will add
considerably to the fine appearance of
H Street. fronting the New York Ave-
nue. plaza. This building will be COM
pleted about March I.
Work on the Shoreham Hotel BY the
George A. Fuller Company IL about half
completed. This work. mostly upon the
interior Of the house. amounts practical
ly to q rebuilding Of the interior. and
the hotel will not be ready for its re-
opening before January l.
HiGh Cost Materials.
Contractors complain Of the dimculty
Of getting building materials At rates less
than prohibitive prices Much Of the
material used In large structures Il
scarce. and all Of It 10 sold At high and
increasing prices. As q consequence
building operations are fraught with
greater difficulties than formerly. and
contractors find much trouble in keeping
faith with their employers on time con-
tracts.
Tho special commission selected By
Justice Ashley N. Gould to appraise the
land to be condemned by the govern
ment for addition to the Capitol grounds
took the oath Of once yesterday and
The Washington herald., 1912-10-29

received some general Instructions re-
garding their duties. They will appear
before the court again tomorrow morn
ing to receive instructions in detail and
to be prepared for their labors under
direction Of the court.
The commission 10 composed Of H
Roster Dulany. Samuel Ross and John
w. chIldress. The property to be con-
demned includes nine and one-half
squares between c Street, Northwest.
and Union Station.
The Washington herald., 1912-10-29
Secretary Fi.her Res,r,s.

Chicago. Oct. :a-Walter L Fisher.
Secretary Of the Interior. returned to
Chicago to-day after trip to the Ha-
waiian Islands. where hs Investigated
protests lodged against Gov. Walter
Frear Recommendations have been fer
wardsd to the President SECRETARY
Fisher would not discuss the matter.
He also refused to be interviewed on
politics. although he admitted making
political observations while in the West
ern States.
The Washington herald., 1912-10-29
new YORK PRODUCE.

Ssv Yak. OFT. A-MILL.FEED- -sts.dy: tnds
3 modesafe SutnG ban. Aeo; Standard middIinsA
A8: w~tan reddos. as: winter wheat bran. In
loepouua ods. 10 szsivs. ND: city bran. In bulk.
ma .--l.,
RYE-stsaAy: taAs b dull Wssten. to arsiv..
b valned st ahout sla11 G L T.. tzack and State.
at ahpus q.
YLOUR-stndb: demand nndesate Kansea
stniehts GssAo. b acls: spsine rae.uta Asda
81. In nzseb: nsw b ssEive kSsakeo: spsing eleas
-. AsAAn: m ssaisAta - ar1iss. A0lA1. b
SucxwuxA1 yLoun-p,n, =. ..,,r :
The Washington herald., 1912-10-29
WASHINGTON STOCK MARKET.

Waahinstm Cos Il No0 u ION. Q.us 1t lnak
washinstcu Railway and Esutzis puf9rsd . st
%. - Il -
Waahingtm Ca st ~
Cnmm@aal Nattdnal Bank y at N
rrmen and Nschani0 Natinal Bank I NJ II
Aftee cAIl-
washinstm Railway and EIsoe,Se Il 0@ at ~,
N0o ct 0x. Q.00 at Uk. 0oo at ST.
CAPITAL Tnctiou "a Nmo at lSk
CApital Tactiou Q at N 1 st N
r GOvERNNENT HONDS
The Washington herald., 1912-10-29

week ago there was published the
full returns of f5 railroads for the
mouth Of August. Those figures showed
an Increase Of S2s.seo.ooo. or 10 per cent
in gross over 1911, and gain of -. s27 900,
or IL per cent in net over 1910. the pre-
vious high record. July. the first month
creases Of Ca0N.0c. or 10 per cent in
gross. and $S.soa000 or Il 1-2 per cent in
net. Fer the six months ended June -
last gross earnings Of all the railroads
increased Ssa3ls.0o0. or per cent. where
a. net decreased S1eN.ooo. or one-haif Of
per cent
The Washington herald., 1912-10-29

Chari0 G.. Georse W.. Ffetaie H. md Hxas
z Anderson. part lot :. SQUARE -, a
Kalorama Heights-Jeanie n Paft<n TO RiAbsfh
Il. MeCallA lot Is. block Z. $ln
The RMoR-Susan Brcs e a. to Oasnla y. n.
Madden part, no
The Washington herald., 1912-10-29
CHICAGO GRAIN MARKET.
MONDAYS GAINS
IN NEW YORK STOCKS

Copp9. v; Lead. N: Cuu. Gas, \; Gsnsr,l Ejec.
txic. 1: Grsat Northern. /: GFsaA Notthsrp On =:
lntezbosuush. /: Lehish val1sy. IN: n I. ODt.Si.
v: Northern Psci6c. N: 8. Psul. 4: eouthsm Rail.
way. y: Steel, y: Lombard. ~; Mexican Petrol
-: Heeett 4 Myen 81; An. Tobacoo II,
The Washington herald., 1912-10-29
The Safest Investments

t1oa1 ssD111sns q - 000 . 80 -
~ Bkse - e 618 ns4o ~ DaS
OSao. - 0eursa - ssal ss1sts b ~ D.
61a q Cussnhia. epasftts1s '1dAsAU~ -
sotDn1A fAsg = NJ 6sDa1 u10 -
1naae1nl sssDnAhn1N q hAly110b . -.
Dantis.s f9 tAAf stah0lty. ssA ass O0Ss
tn tant3o . pssnsl uup8ty. Ws -
0pply - tnvsstAnO n s0sa.eD - -
O1ssl 001 ~ bss1ist, "CEinB LsAaD
SWaftzell, Rheem &
HenSe3 Co.
S17 ssh Strest N0rtAWsss.
The Washington herald., 1912-10-29

T6tn1 ales. 3A.W thaza sninst a8Io aakS.
~. 0fA vesk - sb1 W,Ns year -
IL J@91 ! - -, nAd8 aainR = J.
The Washington herald., 1912-10-29

~ nslghborheoa G seseasa rAls vm
mean Surplus after sll sca,arssa IN
c1u6ing divjdsnda e ooubethlng NE
The Washington herald., 1912-10-29

That there is money in little things
is shown by the annual report Of the
Woolworth Company. owner Of a string
of and 10 cent stores. Their earnings
for the year were 10000 900. or 10 per cent
net, leaving 10 per cent on the common
stock after the preferred had received
its per cent. The English stores are
doing much better than the manage
ment expected.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
TWO REPORTS ARE SUBMITTED
CONGRESS BY COMMITTEE AFTER
STEEL TRUST INVESTIGATIONS

WASHINGTON, August 2.-Fif-
teen months investigation of the
steel trust by the special commit
tee of the house, were summarized
in reports submitted to that body
today = one set condemning the
United States steel corporation as
a gigantic monopoly in restraint of
trade, the other. although accus-
ing it of sharp practices. holding
that it is not a monopoly. All the
reports submit Soluminous sugges-
tions for amendment and rehabili-
ton of the antitrust laws, based
on evidence developed during the
hearings.
The reports all refrain directly
from expressing the opinion that
the United States steel corporation
has violated the Sherman law. An
agreement to omit reference to this
phase of their investigation was
reached because of the presen ten
dency of the governments suit TO
dissolve the corporation. The ma
jority report, however. bristles with
denunciation of the combines meth
DDS of 'stifling competition, of
'exerting monopoly" and of "con-
trolling prices" through ownership
of railroads and practical monopoly
of all the ore fields now available.
The se-called Gary dinners" at
which the heads of all the steel
corporations subsidiaries met with
the chairman of the board of di-
rectors, Judge e. H. Gary, are bit
terly scored in the main report.
I'VE think the conclusion is ire
sistible,' the report says, "that the
Gary dinners were instituted as a
means of conveying to the entire
steel and iron industry information
as to the attitude of the United
States steel corporation upon pe the
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
WORK STARTS IN
new GOLDEN GROWN
NEXT MONDAY
COMPANY HAS BEEN REORGAN-
lied AND WILL SINK SHAFT !,
800 FEET DEEPER

The New Golden Crown Mining
company will resume work on the
company ground Monday, according
to advices brought to Tonopah to-
day by E. H. Mead. who returned
this morning from Salt Lake. This
company was formerly the Golden
Crown Mining company, which has
been completely reorganized. The
old stockholders have been invited
to exchange their shares at the ra-
ito of two shares of the old stock
for one share of the new stock.
The company has a shaft down
500 feet and this will be Immediate
" extended in depth for an addi-
tional 500 feet when prosecuting
will be taken up in search OF the
Midway and Merger veins. These
veins trend directly toward the
New Golden Crown ground.
The stock of the company is be-
ing offered at 25 cents share
and quite a demand has sprung
up for the certificates. The COM
pany has the following officers: r..
G. Schulder of the Salt Lake Jaw
firm of Dickson. Ellis and Schulder.
president; Herbert Cohn, secretary;
McC Corniek & Co., treasurer.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
COURT INSPECTS
Scene OF ALLEGED
JUROR BRIBERY
DARROW JURY WILL ALSO BE
TAKEN TO SCENE AT THE
ORDER OF COURT

LOS ANGELES, August 2-Judge
Hutton and the attorneys in the
Darrow case inspected the scene
of the alleged bribery of Lockwood
at Third and Los Angeles streets
before the court opened today and
the jury is likely to inspect the
place today. At the opening of
court Attorney Ford plunged into
the relations of Darrow and Biddin-
ger.
Darrow denied Biddinger's testi-
mony that he was bribed to surren-
der keys, documents and other evil
dence seized during the Indianapolis
raid when John Mcnamara was ar
rested. He admitted he had hired
Blddinger to tell what was going
on. in the Burns camp.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02

question of output and prices, and
of impressing upon all engaged in
the industry that it was the part of
wisdom and prudence to govern
themselves accordingly.
I'VE further believe that by this
means prices were maintained, out
put restricted, territory divided, COM
petition stifled and trade restrained,
just as certainly. just as effectively
and just as unlawfully as had been
done under the discarded pooling
arrangements of former years.
Three bills, outlining trust curbs,
were presented with the report One
provides for amendment of the
Sherman law to place the burden of
proof upon defendant corporations
charged with restraint of trade.
Control of 80 per cent of any busi-
ness is made prima facio evidence
of guilt. Another provision gives
each state and any injured individu-
ais the right to bring injunction
suits against a trust
A second bill is designed to pre-
vent 'interlocking directorates"
among railroad and Industrial cor
porations. 1t is proposed to prohib-
it any officer or. employe of an in
dustrial corporation in the coal in
dustry or manufacture of structural
steel and rolling stock, from acting
in a similar capacity for a rail-
road.
Another bill seeks divorce of in
dustrial and common carriers by
prohibiting mining or manufacture
ing companies from owning stock
In any carrier.
The committee also recommends
that the bureau of corporations re-
port to congress in addition to the
president, providing publicity of cor
DOrate combinations
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
GOOD PROGRAM
ARRANGED FOR The
BENEFIT TONIGHT
FUNDS WILL BE RAISED THIS
EVENING FOR BENEFIT OF
MAZUMA FLOOD VICTIMS

The benefit performance at the
Butler theater tonight gives prom
ise of being one of the best en-
tertainments produced in this city
for many months. The town has
been carefully gone over in search
of talent and the many amateur
vaudeville sketches should alone be
worth the price of admission. In
addition a special run of moving
pictures has been provided by Man
ager Jake Goodfriend
The Jacobys and Fred Amigo
have arranged musical sketch that
gives promise of being real treat.
In addition little Miss HANNA Will
render a song or two. This little
fayorite is always appreciated as
her efforts are pleasing to the ex-
treme. Mrs. Letson Ballet will
render several vocal selections.
The entire proceeds of the even
ing will go to the fund for the re-
lief of the Mazuma flood sufferers
Tickets will be 25 cents each. The
affair has been in charge of T. =
Keeler, J. A. Buchanan, Letsor
Ballet and Jake Goodfriend.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
NYE COUNTY
HAS GOOD sum
IN TREASURY
FIGURES COMPLIED BY COUNTY
TREASURER SHOWS TOTAL
$124,615.45 ON HAND

Nye county has on hand in the
county treasury the sum of $124,-
615.45, according to figures COM
piled by County Treasurer Frank
P. Mannix. On July the cash in
the treasury amounted to $121,-
63S.56. During the month the gem
eral receipts from the county to-
tailed $6,83S42, while $9,059.7S
was received for the schools. The
total receipts OF the month were
$15,9S9.20, bringing the cash in
the treasury up to a grand total
of $137.53676
The disbursements for July were
as follows: County, $11, ,S39. so !;
schools, 2 county, $429.63; schools,
state, $632.74; library, $19.34. To-
tai, $12,921.31.
The cash on hand in the Tono-
pah town fund totals $12,746.3S.
while the Rhyolite town fund boasts
of the total sum of $15.55.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
MEAT PRICES
START TO SOAR
CHICAGO YARDS
ISSUED BY MEAT
TRUST ON DISSOLUTION is
FULFILLED

CHICAGO. August 2.-The warn
ing issued that meat prices would
soar after a dissolution of the beef
trust has been fulfilled. Prices at
the stock yards today were the
highest ever. Beeves are $9.S5 and
it is predicted $40 per hundred
weight will be in force next week.
DENVER, August 2.-The beef
prices will probably go higher still,
owing to shortage of cattle In
the west and northwest.
NEW YORK, August 2.-Restau-
rant keepers have notified their
patrons that tomorrow meat prices
will be raised from five to ten cents
per portion.
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
White CAPS AT MANHATTAN HAS
STRUCK LEDGE CONTINUATION N
LOWEST LEVEL MINE WORKINGS

Special to the Bonanza
MANHATTAN. August 2.-The
White Caps has the big thing on
the 250 level and no question about
it. For over a week the operators
have been in the shoot that by it's
production On the upper levels made
the name of White Caps famous,
but, owing to feared irregularity
and to be ultra-conservative they
have been loath to make rasn
statements in giving the news out.
Even now they declare that their
values hardly measure up to the
best on the upper levels, but that
is not to be expected when the
shoot is first tapped for several
feet into it.
superintendent Mccarthy stated
to your correspondent that there
was not a doubt of the present
shoot being the main one and that
persons who had pinned their faith
on White Caps had not misplaced
it.
The shoot was tapped at a dis
tance of 25 feet west of the shaft
by drift on the ledge. It's width
varies, but in general way it may
be said that there is four feet of
an excellent grade of milling ore
that will average up with previous
mill runs of the White Caps. 1t
has all the earmarks in fact of
big showing and a few feet more
without a question will reveal
story for which the people of Man
haitian and especially those finan-
cially interested in White caps have
Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-08-02
rfAzUrtA AND SEVEN TROUGHS.
VISITED SECOND SCLOUDBuRST

Mazuma, apparently mining camp in Hum
kboldt that devastated
cloud experienced
yesterday. the Bonanza 4
afternoon publication
as follows:
through Seven
Troughs canyon l today The sephone wires be-
Mazumo by flood
being commission the report was
that veoot wall of
before midnight last night of water
The survivors
panic hllsdes bareooted and
in of hor
derng hysteria