davidaulloa/AmericanStories huggingface dataset:
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-01-03
View York Money Market.

= KEW YORK. Jan. E.--Money on
call ut the Stock Exchange today
opened al ) 81 cent; highest.
per cent; lowest. 3 1-e per cent !,
cloHttx. 3 ia per cent. Most of the
days loans we're made 3 "a per cent
Time money Ut the opening Of the
year was quiet. Funds We're obtain
able with some freedom, but bust
ness done was not heavy. Rates.
: 3-464 per cent. for all dates from
sixty days to six months
Mercantile paper was issued in
moderate volume, meeting with fair
demand. Rates Ia per cent, for
&4xty and ninety day bills receivable,
and choice four to six months single
names; SOS LIZ per cent. for others
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-01-03

and Trusts ....... 100 l42 -.
First National .. 100 1875 49,.
Merchants National .. 100 $50 80.
Nat Bank OF Na..--.- 100 2Q2
Nat State and city Bk, 100 1910 -.
Planters National 80. 100 $50
Savings Tx. OF Rich
moud .-......-...,....s. - 40
Union Bank OF Rich
moHd .....,........ 30 @11 go.
Va Trust 60. ........ 100 $50 -.
INSURANCE COMPANIES
Va. f'4Te and Mar. ms t3,s-s
Va. State lns., prfd IL 90 II 80.
Va. state ms. Co, com.t2.50 l21S 80.
MISCELLANEOUS
Amer. Tob. Co, prfd.. 6 ..
y, G. +.....-.....s. .,. -,
Va Car, Chem, prtd,
y, e. ............-....--- 100 lta
NA. Car. chem. com. . 100 54L2 49,.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-01-03

RICHMOND STOCK MARKET.
by RICHARD W. MAuRY,
stock and bond broker 1918 Il. Main st.
Richmond. Va, Jan 2, t9i2.
STATE SECURI1IES
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

IN THE CIRCUIT COURT OF THE
FIRST JUDICIAL CIRCUIT, TER
RIToRY OF HAWAII. AT CHAM.
BERS-lN PROBATE.
In the Matter of the Estate Of Clifford
e. Livingston, Deceased.
On hearing and filing the petition
of Chester G. Livingston, of the City
and County of Honolulu, Territory Of
Hawaii, Administrator of the estate
Of Clifford E. Livingston, late Of Ho
nolulu aforesaid, deceased, wherein he
asks to be allowed the sum of $1,000,
and charges himself with the sum Of
$56S.21, and asks that the same may
be examined and approved, and that
a final order may be made of distribu-
ton of the property remaining in his
hands to the persons thereto entitled
and discharging him and his surety
from all further and future RESPONSE
bility and liability under trust as such
| Administrator,
| 1t Is Ordered that Monday the 9Th
day Of January, 1912, at 10 o'clock a,
M, before the Judge of said Court at
the courtroom of said court at Homo
lulu aforesaid, be and the same here
by is appointed as the time, and place
for hearing said petition and accounts
and that all persons interested may
then and there appear and show cause
if any they have, why the same should
not be granted, and may present evi
dence as to who are entitled to the
said property.
Dated at Honolulu this 25th day o
| November, 1911.
BY the court:
| (SeaD V. H. HARRISON,
Clerk.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

tional training class vrich begins its
course in Methods of Personal Chris
tian Work at the Y. NJ. c. A. on
Thursday evening of this week, to
continue eight weeks
James A. Rath superintendent of
Palama Settlement, held the platform
in Central Union Church last night.
His address was on the duty Of the
churches and benevolent organizations
to meet the social problems of the
times. He brought in some interest
ing features of settlement work abroad
observed in his recent tour. In con-
clusion he said: Right here in Homo
| lulu, as elsewhere, if good men, if the
churches will unite in war upon any
evil it can be overcome Sin and pow
erty if faced by a united and sincere
application of the new social con.
seriousness can be banished'
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
STATUS OF THE GRAND JURY
AND HARRY MURRAYS CASE

The question as to whether or not
the new grand jury is properly con
stituted is one that will be left in
allegiance until some indictment is re-
turned, when it will probably be rails
ed by the defense on a motion to
quash the indictment as having been
returned by a grand jury illegally
constituted.
1t is commonly understood that the
first matter that will be taken up by
the new grand jury is that of Harry
Murray, who is accused of man
slaughter for the killing of the Porto
Rican Hernandez on New Years eve
1t has been suggested that a vigor
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
NOTICE OF SALE OF PUBLIC LANDS

At 70 O'Clock noon, Saturday, Feb.
ruary 10, 1912, at the front door to the
Capitol Building, Honolulu, there will
be sold at public auction, under Part
w, Section II, Land Act 1895, Section
276, Revised Laws of Hawaii, the fol,
lowing described land.
Cd That certain strip of land in
Block 16, College Hills Tract, contain.
ing an area of 1000 square feet.
Upset price $1,000.
~ That certain piece of land sit.
uate at Waimea, Hawaii, containing
an area of 1926 square feet.
Upset price $500
This lot is sold under the express
condition that the said lot is to be
used for charitable purposes only,
Cost of patent and stamp to be paid
by purchaser,
For maps and further information
apply at the Office of the Commits
sioner of Public Lands, Capitol Build
ing, Honolulu.
CHARLES S. JUDD,
Commissioner of Public Lands,
Honolulu, December s, 1911,
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
NOTHING SPECIAL IS GIVEN
THE GRAND JURY TO LOOK INTO

The Territorial grand jury for the
new term was sworn in before Judge
Robinson this morning and was
charged by the Judge. The charge
was a matter of form, much like most
concentrations being made as to inves-
legations.
John Warehouse was appointed
foreman and S. w. Kaleiliini, bailiff.
The grand jury met and organized,
B. F. Beardmore being appointed sec
rotary. Three of those summoned to
serve on the grand jury, Harold Cas-
tie, E. c. Winston and Henry A.
Along, were excused by Judge Robin
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
THE WEATHER.
Honolulu, T. H., Jan. s, 1911.

Honolulu, T. H., Jan. s, 1911.
Local Office, U. 5. Weather Bureau,
Temperature, a. m; a. M; 10
4, M; and morning minimum;
20, 50, u, %, &C.
Barometer reading: Absolute hui
mildly (grains per cubic FOOT; rela-
tive humidity and dew point at 8
e. M:
3O,OG, 6.25S, 81, 81.
Wind velocity ana direction at a.
m; a. m; 10 a. m; and noon:
IN, one, SNE, l4NE.
Fainfall during "a hours ending s
a. ~, % inch.
Total wlnd movement during "a
hours ending at noon, las miles.
VIM. g. STOCKMAN,
Section Director.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
MACHADO FELL
FROM A TREE

Joe Machado is in Queens Hospi-
tai suffering from a cracked rib o"
two.
Machado is employed in the mos
quito campaign and on Saturday
assembled a monkey-pod tree near
School and Liliha streets for the pur-
pose of filling a water-holding pocket
with cement.
He lost his balance and fell to the
ground, a distance of fourteen feet,
sustaining injuries as stated above.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

ager of the Kaimuki Land Company,
this morning presented to Postmaster
Pratt a huge map of Honolulu show
ing in minute detail all the outlying
districts from Diamond Head to Mo.
analua. This map, says Mr.. Stanton,
will be forwarded to Washington for
use in connection with the request to
be made by the postmaster that he be
given authority and sufficient appro-
priation to establish free mail deliv-
cry throughout the city, including the
outlying districts.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
o. cHuRcH WANTS cHARTER.

OLD CHURCH WANTS CHARTER.
Treasurer Conkling this morning
received a petition from the members
of the United Congregational and
Evangelical church of Mokuaikaua
and Hilaui, in the district of North
Kona, Hawaii to the effect that they
desire a perpetual charter for that in
stitution. This church was founded
in 1926 by Rev. Asa Thurston.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
CELL FOR MAN sUFFRAeETTE.

LONDON, December 1S.-Allan Rose
McDougall, who hurled a brass bound
box at David Lloyd-George, chancel-
Tor Of the eXchequer, when the latter
was leaving a woman liberal meeting
Saturday evening striking him on the
face with the missile, was sentenced
at the police court today to two
months at hard labor.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

GUS effort will be made by the de-
Tense in the Murray case to have him
indicted first by this grand jury so
that, if it be held by the supreme
court that the inquisitorial body is H.
legally constituted and its indict-
ments therefore worthless, Murray
may be able to escape having to stand
trial. 1t would be contended that he
had been once in jeopardy and was
therefore immune from further prose
cution. Those who advance the above
suggestion base it on the evident at
titude of the city attorneys depart.
ment in the Murray matter and the
fact that every political string has
been pulled to permit Murray to es-
cape from having to stand trial
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

M. F. PRoSSER returned in the Kinau
from Kauai.
H. lsENBERe arrived from Kauai in
the Kinau.
J, D. TUCKER returned in the Mika-
hala from Maui.
r. H. HITCHCOCK arrived from Molo-
kai in the Mikahala.
MR.. and MRS. W. H. RICE arrived
from Kauai yesterday.
C. H. COOKE returned from Maui in
the Mikahala yesterday.
S. X. kAEo, county attorney of Kauai,
came to town in the Kinau.
MRS. J. j. FERN, the mayors wife,
is suffering from nervous prostra-
ton,
F. M. SWANZY was an outgoing pas
senger to the mainland yesterday
by the Mongolia.
MR.. and MRS. c. W. DlcKEY and
family left for the mainland yester-
day by the Mongolia.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

son. Nothing was done in the way of
investigation, Foreman Waterhou5e
stating this noon that he did not
know when the grand jury would
meet to take up its active work, bit
that it would be as soon as there was
something definite for them to han
die, which he thought would be within
a day or two.
Mr.. Warehouse probably referred
to the Harry Murray case, which was
left over by the late grand jury on
the plea that the inquisitors, being
near the end of their term of service,
did not have time left to them to de-
liberate fully enough on the matter
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
FOR SUBURBAN
MAIL DELIVERY

Believing that 1t is time the outly-
ing districts of Honolulu were given
the free mail delivery service for
which their residents have been clam
oring SO long, Charles Stanton, man
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
HOME oF Truth MEETING.

There will be a meeting for study
of the truth at the Home of Truth,
1920 Kapiolani street, this evening at
eight o'clock. A short address will
be given by George T. Weaver, fol
lowed by questions and answers relat.
ing to practical life. The public is
invited.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
In the Matter of the Estate of Chung
Nun Tai, Deceased. P. 1852.

On reading and filing the petition of
Chung Chang See, widow of Chung
Nun Tai, deceased, of Honolulu, Ter.
ritory of Hawaii, alleging that Chung
Nun Tai of said Honolulu, died in
testate at said Honolulu, on the Goth
day of December, A. D., 1911, leaving
property in the Territory of Hawaii
necessary to be administered upon,
and praying that letters of administra-
ton issue to c. X. All, of said Homo
lulu.
1t Is Ordered, That Monday, the
5th day of February, A. D. 1912, at
ten o'clock a. M, be and hereby is
appointed for hearing said petition in
the courtroom of this court in said
Honolulu, at which time and place all
persons concerned may appear and
show cause, if any they have, why
said petition should not be granted.
Dated at Honolulu, January 4, 1912.
By the Court:
(SeaD V. M. HARRISON,
Clerk of the Circuit Court of the First
Circuit.
Holmes, Stanley & Olson, attorneys
for petitioner.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

IN THE CIRCUIT COURT OF THE
FIRST CIRCUIT, TERRITORY OF
HAWAII. AT RS-IN
PROBATE.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

SENATOR c. H. D;cKEY, a G. A. r.
comrade, is interesting himself in
scheme to organize branch of the
Sons of Veterans in Honolulu.
~#%
LORD and LADY T. DE MALAHIDE,
who arrived here a few weeks ago
from the Oriest, confined their
journey to the mainland yesterday
by the Mongolia.
COMMANDER BRAND, formerly of
the u. S. S. Glacier, left yesterday
by the Mongolia for the mainland.
He has been relieved by Lieutenant
Commander Douglas, formerly of the
U. S. S. California.
go
HUBERT CARLTON, who is closely
connected with the Forward Move
ment, a great religious body repre-
senting nearly all the Christian
churches, returned yesterday to the
mainland by the Mongolia.
CAPTAIN and MRS. r. KILBlE STU
ART, First battalion of the Sher-
wood Foresters, called on Governor
Frear this morning. They have
been spending several weeks at the
Pleasanton Hotel and also have en-
joyed trip to the volcano. Their
stay is indefinite.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
DIED..

MIRANDA-In this city, January 8,
1912, beloved wife of David K
Miranda.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08
NEW ADVERTISEMENTS.

Regal Shoe Store ................. q
Bishop Trust Co. ....,.........
Honolulu Const & Dray o....... {
j. A. X. Vieira & Co............
Y. Takakuwa ACKNOWLEDGEMENTS.
Furnished Cottage Wanted .......
French Laundry ....,...........
}. Il. ROcha.. .....o
Honolulu Amusement Co........
Wanted ...................
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

Fine Job Printing, Star once.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-01-08

IN THE CIRCUIT COURT OF THE
FIRST JUDICIAL CIRCUIT, TER
RIToRY OF HAWAII. AT CHAM
bEDc IA DpnnArE
The Nome daily nugget., 1912-08-02

silver republicans. lining up with the democrats and pepuliSts. and they were going to sweep the country like tidal wave from ocean to ocean. and Gulf of Mexico to the great lakes. in fact it's enthusiastic followers felt sorry for the sold standard bearers !"
 As ve recall the election of lSs6 the republicans were to be "crucifeI upon cross of gold and forever put cut cf business by the sixteen to one 2 tidal wave. The stand paters in iSss. got busy and educated the masses harneScd that tidal wave and made 1t work for the q .. P. to the success of the late William Mckinley. and they are capable of r,peatins this wonderful feat between now and cleo ton for electing Taft.
 We expect 10 read about Roosevelt republicans, and Roosevelt democrats between now and November. bat af- ter ;ha, date they viii by as scarce as hens teeth. fer when a feeling comes OCT Teddy similar to that experiences ty William Jennings Bryan in l>S6 the colonel win have to admit his progressive movement was made ur Of Sevsrty-fye per cent hot air. and twenty-five per cent would be office holders
 Much as We al admire Roosevelt and applaud his being the whole thing in his party We are of the opinion he VII have the honor of remaining such After tie smoke ot battle has roll- si away. the votes cunted. Roosevelt W.l find himself rgpresentine his whole party. while the voters will be found lined ID with either Taft O, Wilson.
The Nome daily nugget., 1912-08-02
Special Nugget Ssrsiss

SEATTLE. Aug. l.-The second an- nUal golden poiIatCh proved such a grand success those calling themselves ~Tulikums~ being the officials and Al askans back of the annual mid-sum- mer affair. propose to build a Stadium for the next or third annual
 Plans and specifications are now under way for the erection of a hun dred thousand dollar stadium, to be erected and completed tn time for the third annual potlatCh Co be held next July. SuhscriptLan hooks VIII be
The Nome daily nugget., 1912-08-02
STADIUM PROPOSED
 SEATTLE POTLATCH

opened right away. and the necessary funds will be forthcoming Is the pop u!ar belief of those back Of the move ment.
 Two annual affairs has convinced the people of Seattle the golden pot latch has come to stay. it takes place at a season of the year when climatic conditions are favorable to guarantee clear pleasant weather. The event also takes place between what i- termed the farmers hay and grass season. when the tillers of the soil can take vacation and come to town
The Nome daily nugget., 1912-08-02
TEDDY THg WHOLE THING.

He Her. ..- st-l.ts tae pro-.e>- -.s p4sss. -.a-, to be sven pu0ae -aa vsa,.-l rye. sa.,.au sy n, c5u- ssHusa [. ys ,45,d d, Ca.,aso yu Aea4-y aeN,. lag m,ry convincing .- tae ssss te4-y .> ,4e whole ta.us
 Ha,a e.e s,ts r-ag down L. o,l. TgeA. .t .s 4 ea, a..u party, g5;ten 4p .sr ,ae I--Fsse ut i-rt.ersag tae an s.t..a t. aa, aaa. a fellow Tor maus years ta, 4-a es tae g,ope q. t... sa.a,G. nan only suffering aets-- E. t....ae e secure the asm+aat. aa Z. tae r,s-l4r r.fasaean oeas.=...= t-e euy trouble with iAy l4r-y - Sa..aEe. usius tAey 4pp.ed tae -e-- ,.I.t.t,s .e, ~..a. tl,y d.5 a.; gs- tae eg..ae. q ,a-..e L. appreo.s,s ;.s --.; ae Mas a.aa ald out
 Ee~l>-.a,.He fellow .ae Calea., E.v>vE-, .s lh- pressing He spr.us ,o ~J4,k .a Il, Box tay ss pop4- ..- n.ta l..-r.a. The least Pressure sets s,-4.;s. sometimes Q. st4rtliL. la,-r=. provided one .s not prepared Had t4e republicans aaened tae full t.r,e us lec.-t ta sink mo The brain Ban yt Roosevelt. 4a ta.- aftermath ,.-l have t,,n avoided. and slow lingering death. a. Iv-u,al nature headed oe
 Theodore R..-,ye., has following. and thousands es friends. He has ,a--e friends whom we know Nil rr- Train from casting a ballot for him inI The coming presidential election tol ene Nho MIL Running for office audl sNpeotrs t5 drag friends along after keeping them .a tow no matter whereI The Tad leads. .s a task Rooseye .t even wi:h an his strength. i- not cap ! at.e cc perfornins.
 Elections are not won, as NIT. Gar 1eld once remarked 5n a non mating speech. in June hu, iu November. and Ve predict Teddy Roosevelt will rep resent the flth wheel on the wagonl in tae coming campaign. It's a utt,e l early to lay wasers on the national election. but r9t on the delegate event. here in Alaska. flr one can commence te ge: a line up on the outcome Of the territorial event But in the national fight much can he accomplish be- tween now and November 10 changeI lie whole c.@ pleyl7n os the political battle. Were the election to be held within the next few days. Woodroa Wilson would win hands down: but. with ;he remembrance of he famous free silver campaign in 1886. as A. g-.te. all VII have to admit much can be accomplished between now and election to change the Iide of battle.
 A We recall ile fight for free su- yer. rypullicaHs and democrats were all a enthusiastic for sixteen to one as many of them are for insurgency at the present time We recall many
The Nome daily nugget., 1912-08-02
Special Nugget Service.

TOKYO. Aug. l.-Empcror Noshi' hiio read from the throne his frs, proclamation this morning. after pay ing a loving tribute to his departed father. the mikado. now lying in state awaiting passage across the bridge into the imperial garden. where his re- mains will rest with those of his Illus irious ancestors.
 The proclamation was brief and 10 the point. the young emperor pledged
The Nome daily nugget., 1912-08-02

\ minister broadmiud,d enough l. a a>a 8 billiard table could b, installed .u every home. Is The kind We neet ming the puupits of our churches. More often than otherwise. the public Is l.a- alv to tud preachers who can see his Satanic Majesty lurking in every bIl Lard cue. and hiding under each and every table.
The Nome daily nugget., 1912-08-02

Two and one-halt millions in graf; for eanhling and saloon prIection .u ore city. i> going some It's little wonder men rather be on the New York force than doing police duty 1T Nome.
The Nome daily nugget., 1912-08-02
EMPEROR YOSH|H|T0
 READS PROCLAMATION

h.s people he would endeavor to con- tluue the policy of his father. and try to attain greater power for his Coun- try. by advancing it in rank as com pared to the other nations of the globe. That from now on he would pledge greater energy in everp part of trade and industry throughout the island empire.
The Nome daily nugget., 1912-08-02
SEND YOUR LAUNDRY

To the Peoples Laundry where you will receive good work executed by none but white employees. who receive the standard wages.
The Nome daily nugget., 1912-08-02
nlLLINARY GOODS.

For ladies and children dres 'es a o dress seods, also trimmings, eta. Call at Mrs. ~anser, opposite New C 'urt house.
The Nome daily nugget., 1912-08-02
GOVERNMENT STAMP
 GOODS AT THE EAGLE

For government stamped goods in t7-e-s sf all descriptions, 100 proof, inquire ., the Eagle saloon or call up Main fs-.
The Nome daily nugget., 1912-08-02
FIRE ALARM SIGNALS.

= Stsnsars ou Co i~ Csrs;sns cels Sterssa :. Isrn J. Sssnsn Co effee. t@. Hesos-artsrs Salesa. -a. Ssesrasrs' Once. @+. ls~rsns. retsl. @a Ere Department si. C.seessy Sa.sen. = ierNsys Cigar Store -i. Pasihs cels Storage ce- Sansseit -2 Tnirs Ave. ana Lanes Way.
 Engine House Phone Man s7. Seven Whistles. Water. Three Fire GU,
The Nome daily nugget., 1912-08-02

We cordially solicit your family trade and deliver all orders to your home free of charge. Seward Com1 Go
The Nome daily nugget., 1912-08-02

HOW IS YOUR FRUIT suPPLY7
 Peaches, Plums, cantsIoupes, Wat ernelons, green corn, eaulif'ower, rhu- barb, eueumbers, and celery at Royal Fruit Store.
The Nome daily nugget., 1912-08-02

CsPy for regular advertisements m-ss es n ey 70 ssissk en the cay st p.eLestien.
The Nome daily nugget., 1912-08-02

Send your job printing to the Mug get office.
The Nome daily nugget., 1912-08-02
OFFICIAL PAPER.

NONE. ALASKA. AUGUST : 1s1z
The Nome daily nugget., 1912-08-02

L...y. ed 4S secUua-ciaSs matter. Feb. -o. -.... d the IosgoiAee at Nome. N..sAa. under the Act of Congress of .4as,A .. lS.s.
The Nome daily nugget., 1912-08-02

OsR CIRCULATION.
 The Dauy ana Weekly Nugget has s s-srsassss circulation greater than any ether paper Puslshsd m Alaska Oar srsaIstien books are epsn fer in. srsettsn ts or sassrtlsers
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1912-08-23
How Bankers
Now Perform
Their Work
Getting
Money
BY JOHN M. osKIsoN. Chicago

Alk of money trust in this country largely
by the operations of Underwriting syndicates.'
These groups Of bankers have to and
in the financing of the countrys industries rhr operations
have enlarged at the time that their cooperation
become
Whatever be thought of the morality of this method Of financing
the needs of railroads and manufacturing enterprises
the growth of underwriting ndicates plain They the
yoirs of ready capital
ness requiring millions and the them the
quickest easiest and (sometmes) cheapest place For
stance:
New Yors transit needs pressing and Two extensive
ysms subways have been planned Their
will cost nearly $4oooo0Ooo After long discussion the city officials de-
bankers asked the money Morgan
Co made offer to finance system calling for the expenditure within
few of Bonds running for fifty and bearing
te at the rate of be issued Morgan
to pay the city $3.50 for each 81 1000
Because the loan would be heavy
Co have asked other bankers of the bonds for
$500 each syndicate agreeing hold together years will
formed and IFS members will sell the bonds allotted
to each they issued Probably the prices received will
good profit for EACH
In no other the bankers could project needing much
promptly and good
the millions belonging widely scattered investors find invest
mnt Upon the bankers falls seeing
few failures to do this they would dissolve the money trust quick
er than any moral acion-and that view seems logical