davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

4. next, would have sent money into
hiding places and have resulted in a
panicky condition.
The enormous crops Of the past year
have aided materially in supporting
the feeling Of confidence, and the only
complaint heard from the farms is the
prevailing low prices for grain.
Continued Prosperity, Says Howe.
In reviewing conditions II. J. Howe,
vice president OF the Fidelity Savings
Bank, said:
General banking and financial con-
ditions the past year have been good,
and the prospects are bright for a con-
tinuance Of prosperity. l can see no
reason at this time to anticipate any
change in conditions unless it be for
the better. Money has not been tight.
OF course there was a furry in New
York, and call money went TO 20 per
cent, but that panickv feeling was not
reflected in business here and was
scarcely felt in western banking cir
cles.
There is no greater demand for
money now than there usually Is at
this season OF the year. I don't believe
the presidential campaign, or the re-
suit Of the election, had any material
effect on the money market. We have
| not felt any change as a result.
| conditions are such as would nae-
| urallv bring bout a feeling of financial
! distress to some extent, owing to the
| change in administration, the Balkan
war and the prospects of a general
: European war. but the American peo-
ME have passed that time when they
will become alarmed at every cry Of
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

The year just closed" said Mr..
Palch, has been very satisfactory IN a
business way. and money has been
comparatively easy.
With the big crops we have had
during the season just past the outlook
is favorable, altho a great many or the
farmers are holding on to their gram
because of the lower prices.
1T is hard to predict what the COM
ing year will bring forth thruout the
country, because conditions are subJect
to immediate change. but from any
thing that l am able to observe at the
present time there is no cause for any
alarm in financial way at home.
"The war between Turkey and the
Balkan states is having its influence or
the money market, but just how far this
influence may extend, should the war
continue any great length of time, is
not easy to forecast.
"This war has caused more or less
Of furry already in the big European
money centers, where are held many
securities from this county. The de-
mand for money at home, or TO toe
over their own interests, has caused
these European bankers to dump their
United States and other securities upon
New York.
whatever absorbs the surplus FUNDS
Of New York banks, brokers, insurance
companies, ETC., Is Immediately feit IN
Chicago and turnout the west In cur
failing supply and raising notes OF
long-tim money for farm mortgages,
bond issues. etc. Another reason Tor
the heavy shrinkage Of deposits and
the rapid tightening Of the money mar
ket, is the large withdrawal OF FUNDS
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01
Savings and Loan
Important Factor
In improvements

The Marshalltown Savings and Loan
Association. tho new and merely in its
infancy, enjoyed a gain OF 100 per cent
in its loans this year. and has to It's
credit two new homes built and three
others remodeled from the association
funds.
The association Is a cooperative
savings association: and building socl-
ETY. combined, the savings being palo
in at the rate Of so cents per month on
each share Of stock, and the money be-
ing loaned on first mortgages on houses
and lots in MarshalltoWn.
All of the interest collected on loans
goes back to the shareholders as profits
on their shares and there is practically
no expense Of ADMINISTRATION as the
board of directors composed OF prom
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01
Prosperity of City Increased Bank Deposit
Nearly $7500o0 1917
Quarter

house number eleven.
The members Of the Berlin clearing
house number nineteen.
The members Of the New York City
clearing house number sixty-four.
There is one unfair feature about the
figures. The London and Paris finan-
cial Institutions referred to have many
branch banks, making great total
number Of banks. However, they are
simply branches Of the parent institu-
ton, and can not be classed as inde-
pendent banks such as exist in the
United States.
There is not so much fear Of the con.
centration OF wealth in New York City,
believes Mr.. Kirby. as there Is Of the
disposition of certain great fnanciers
to reach out and identify themselves
with numerous enterprises both in the
New York field and in every section
Of the country.
The figures do not show q concentra-
ton Of wealth in the big money center
OF the country, as Is the general belief.
but on the contrary would prove that
New York actually has but small
percentage of the wealth Of the coun-
try. 1t is not concentration, but con-
troll, that is to be feared in Mr.. Kirby's
opinion.
Concentration Of wealth in leading
European cities is far greater than in
New York; in fact. II the figures are
to be believed, the money Of England,
France and Germany is largely con-
centrated at London. Paris and Berlin,
while in America the banks of New
York hold very small proportion OF
the deposits Of the country.
The figures relative to the clearing
houses Of the worlds leading financial
centers is interesting. The New York
clearing house. for instance. has sixty
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

Of $37,61316 was shown In savings de-
posts in 1912, the total deposits
amounting to Sl74,2S5.22, as against
$136,672.O6 in 1911.
The Fidelity Savings Rank showed
q total of $lo40,06 $3.50 in deposits at
the close Of business Nov. 20, 1912, OF
which $500, 1910 was in savings ac-
, counts The total deposits for 1911
were $3.50, 1888. or s209,96l.o7 less than
in 1912. The savings accounts in
creased from $673,071,45, in 1911, to
| SSO4 ,427.70, in 1912, a net gain of SlSl :
956.25. The savings deposits of 1912
almost equaled the total deposits OF
1911, as shown by the banks state
ment.
The total deposits Of the Iowa saw
ings Bank at the close of business Nov.
IS, 1912. amounted to S454,66S.16. as
compared with S2716S3SS in 1911, a
posts in 1911 were s46.571 50. while in
1912 they were almost double that
amount. totaling $SS,012.22, a gain of
$36,440.7o.
Bankers Foresee Good Year.
According to statements by the
leading bankers Of the city the condi-
ton Of the money market at the pres
ent time is excellent. Local conditions
it is said reflect the general condition
Of the country. and despite a slight
furry on Wall street recently there mas
been nothing to indicate a period OF
depression or recession from general
prosperity.
Many things point to continuance
of good times, the most encouraging
no, "a Shf
by the people in political conditions
following a general election and me
change in administration. Twenty-Five
years ago, il is argued, change OF
administration, such as we face March
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

bank in 1912. as compared with 1911
was due, believe, to the big crops and
the general prosperity of the farmers"
Confidence All That's Necessary:
Wallace H. Arney, president of the
Iowa Savings Bank, in discussing the
banking conditions of the past year,
and the outlook for 1913, said
"At the present time money is a little
tighter than for some months past, but
no more so than we anticipate every
year at holiday time This condition
is temporary, however, and should not
be taken as a criterion Of the condition
of banking, and business during the
year, or as an Indication of what bus
mess will he during the year to come
Looking back over the entire year you
will find that money conditions have
been excellent. The fact that this coln-
try went thru presidential campaign
without panicky feeling demonstrates
that money is on better basis.
"The tight enns of the money market
in New York recently was not felt
among western bankers. The crop con-
diton is of more interest to us than
the actions of the New York beard of
trade or the Wall street financiers just
at the present time
Some farmers who have corn that
will keep are making new loans IN
order to hold the corn for better prices
Some have drawn out deposits in order
to hold the corn, but not to such an
extent as to create higher money
market.
MANY farmers, however. have corn
which will not keep and are shei!lnG
and throwing it onto the market. Some
are doing the same thing with the
nats-holding it for Il higher market.
The crops were enormous and naturally
prices have slumped Those who can
make arrangements to hold their grain
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

four mem bers, while the London clear
ing house has but IS, Paris but II. and
Berlin only 10. The clearing house con-
troll in London. Berlin, and Paris is in
the hands Of few, While in New York
more than three times as many insti-
buttons are. represented in the clearing
house than in any of the three Euro
pean centers.
In cold figures the money deposited
in New York banking houses seems
stupendous and when one does not
calculate the percentage this amount
is Of the entire money on deposit in
the country's banks, it would appear
that New York had indeed concentrated
practically all the wealth Of America.
Compared with the banking deposits
outside of New York City. however. the
New York deposits are small, so small
in fact, as to be almost negligible.
Apparently, then, the danger from the
so-called money trust" lies not in the
Concentration of money" in New York
City The greater dangel, and the
danger to be most feared Of any of the
numerous dangers besetting our COM
mercial life, is the control Of wealth by
few The system of interdirector-
ships in great banking houses, trust
companies. transportation lines. and
other large financial enterprises, brings
these big enterprises under the control
Of very few men and therein lies the
danger to commercial America.
Home.
Each mans chimney In his Golden
Milestone
Is the central point from which he
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01
NO "MoNEY TRUST" SAYS KIRBY

Fidelity Savings President Points to
FalIacy Of House Investigation.
The house money trust" investi-
cation has attracted great attention,
not alone among bankers and tnan-
ciers, but the general public, and the
impression seems to be that money
trust" exists and that money has been
so concentrated that the bulk Of the
wealth Of the United States is in the
control of a few New York financiers,
who may throw the country into a
panic at any time or wish period OF
prosperity at will.
Whatever the evidence may show
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

The prosperity OF a community IS
reflected thru the statements OF Its
banking houses Taking the statements
of the banks OF Marshalltown for the
last quarter Of the year 1912 as cri-
terion Of the general financial condl-
ton of the community, there is no
doubt but that the year just closed has
been the banner year in the history OF
the city and county. The statements
showed that the monies on deposit eX-
ceeded the deposits of the correspond
ing quarter in 1911, which was record
breaker. by S6S2.23'.75.
The best indication Of the general
prosperity of the people IS increased
savings deposits. and here also Wos
shown big increase in the last quartz,
Of 1912 over the corresponding months
in 1911. Wage earners had to their
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

for active business enterprises. moving
the seasons large crops, stock FEEDING,
and other legitimate businesses that
are usual at this time Of the year.
"The uncertainty as to tariffs. etc.. 10
another factor that keeps some capital
from loosening up for longtime IN
vestments But unless conditions
should arise that would change the sit
uation materially. can not see why
we should not have more prosperous
wear in 1913 than in the year just
closed and even generally speaking:
and 7 do not believe our local cono-
tons will be affected much. regardless
of the foreign money market flurries.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

inent business men serve without pay
and SIS per month pays office rent and
clerical work.
The association now has TIA shares
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

hard times General confidence, such
as exists today, will do more to pre-
vent future panics than anything else.
THE large increase in deposits in or
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01
Bank Deposits
Increase Nearly
Three-Qudrters
Million in 1912

Total deposits, last
quarter, 1912 .$4 .262,03
Total deposits, last
quarter, 1911 ...... 3,579,7S7.36
Savings deposits, last
quarter, 1912 ...... 1,4e1,039.72
Savings deposits, last
quarter, 1911 ...... 1.274,932.63
Gain in total deposits 6S2,237.Io
Gain in savings de-
posits PIG, 1o7.os
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

of s1,3o6,743c3, or s21o,376.29 more
than at the corresponding time the
previous year. when the statement
ehevah . total Of s1,096,3 1864. A gain
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

are doing so, and are calling on the
banks for loans. This will in no wise
affect money conditions, however.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

cent Of the country's deposits.
The members of the London clearing
house number eighteen.
The members of the Paris clearing
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-01-01

Home.
Each mans chimney In his Golden
Milestone
Is the central point from which he
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06
THRONES POUR
INTO NEW YORK
To SEE SERIES
Continued From Page I.

tomorrow will furnish an answer
to the world old question: What will
happen when the irresistible force
meets the lmmovable objeCt?''
Not one straight-away bet Of any
size on the outcome Of the series has
been so far registered, either here
or in Philadelphia. Down in the Wall
Street district. where hundreds of
thousands Of dollars were wagered
In other years on the baseball classic,
come reports from the betting com
mission that not more than $1,000
has so far been placed with them.
OF this sum about $1,000 has been
laid at even money on the series, The
rest is in freak wagcrs bets on the
total number of runs one or the other
team makes during the entire series
or during a certain game, bets as to
which pitchers will participate in the
opening game as 10 what sort OF
batting OF fielding average "A certain
player Ni1 have. and similar waEers.
From this angle II looks as II the
teams Will go into battle tomorrow
at even money and carry but little Of
the gamblers money with them and
that the gambling element VIII lay
back until after jhe first game get
line on the relative strength Of the
teams through the medium Of that
battle and then lay odds and begin
betting in earnest.
While the National COmmi ssiOn
was holding a session here to put
the finishing touches To- the arrange
meuts for the big event. there issued
bear" stories from the rival camps.
From the Athletics lair came the re-
port that several Of the players We're
suffering from bad colds, etc, which
may SO affect their physical Condi-
ton that they may not be able to do
themselves fun justice and perhaps
may not be able to play in the entire
series"
The Giants retaliatcd by stating
that SuodErass, the center lieldcr. had
an almost fatal attack OF Charley
horse" that Larry Doyle captain and
second baseman, might not be able to
get into the game because h!s arm,
injured about ten days ago IN an au-
tomobile accident. was not rounding
to" and that a large number of the
other p Giants eligible to play ~ the
battles We're indisposed in some way
or other
Smith to Get New Players.
It's a safe wager that all the "af-
hictcd" athletes win be at their posi-
tions when the battle begins, and chat
each and every one win bc in such
excellent physical condition as to
make it "a certainty that the coming
Worlds Series battles viii I've the most
thrilling, most bitterly contested and
the closest in the history of the inter
league meetings
F4tnR New Nnrl, grlE
GrifHth's motor car. four in the party
Washington was betting ON the Ath-
letiCs and seemed to think the bust
I ness all over but collecting
While | am in New York | expect
I To- buy several players from the Bos-
{ ton Nationals I think Stalhngs has
some players that would help Us out
| a great deal next year
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06

claims of Lee on the grounds that he
was unqualified because of his con-
nectiOn with the case.
The County Commissioners disposed
of several important matters Monday
morning including the RoXbury
crossing matter providing for the con-
struCtion of an underpass by the
Southern Railway and the widening
of the roadway 40 feet.
The board also heard the petition of
p citizens. offering to donate a 10
foot roadway about six miles in
length. extending along the Chatta-
hooChee River from PAGES Ferry TO
Johnson Ferry road. The petition was
referred to the three local road COM
mi SsiOners, who will report on the
feasibility of the proposed roadway.
An offer of the Piedmont Chapter
Of the Daughters of the Revolution to
place a Georgia State flag on the new
courthouse was also accepted with
thanks and plans made for a flag
raising day when the new building is
completed
The meeting Monday morning was
postponed from last week. pending
the return Of Commissioners Smith
Anderson and Winr from Detroit
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06
MEN WELCOME
MOTHERS FRIEND
A Duty That Every Man Owes
TO Those Who Perpetuate
the Race.

as JuSl a important taat men snou.u
know Of progressive methods in advance
of motherhood. The suffering pain and
distress incident to child bearing can be
easily avoided by having al hand a bot
Tie Of Mothers Friend
This is a wonderful penetrating, exter-
nal application that relieves al tension
upon the muscles and enables them to
expand without the painful strain upon
the ligaInents. Thus there is avoided
all those nervous spells. the tendency to
nausea or morning sickness j. counter
acted, and a bright, sunny. happy dis
position is preserved that rejects won
derfully upon the character and temper
ament OF the little one soon to open its
eyes in bewilderment al the Joy of his
arrival You can obtain a bottle Of
Mothers Friend" at any drug store at
500, and it will be the best dollars
worth yuu ever obtained. II preserves
me mothers health enables her to make
i quick and complete recovery. and thuS
renewed strength she will eagerly devote
herself 20 the care and attention which
mean SO much to the welfare OF the
ehild Write TO the Bradfeid Rcguls
tor Co, l29 Lamar Bldg Atlanta. Ga.
FOR their liable and instructive book
u guidance for eNpectart mothers Got
/ bottle Of Mothers Friend to-day,
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06
Jessie Wilson Bars
The 'Minaret Gown
From Her TrOusseau

NEW YORK, Oct 6.-The minaret
gown and similar types of the Poiret
creations will find no place in the
trousseau OF Miss Jessie Wilson.
Mrs. Wilson has confirmed the an
ncuncement that none of the startling
new fashions shown in dinner and
ball gowns would be represented IN
her daughters wardrobe when she
becomes the bride of Francis B. Sayre
in the White House on November 25.
The rousseau will have touches of
violet, Miss Wilson's favorite color,
throughout. She is particularly fond
of the lighter shades of violet.
Miss Margaret Wilson will be her
sisters maid of honor. There will be
four bridesmaids.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06
END To LOCKER
CLUBS IS SEEN
BY WRIGHT

Seaborn Wright, of Rome. the IA
nous prohibitionist and father of the
present dry" law in Georgia, argued
case in the Supreme Court to-day
which, If affirmed, will, he says, close
every locker club and near beer sa-
loon in the State.
The case came up from the Superior
Court of Floyd as that Of Wilkerson
VS.. Martin and the Hill City Club.
WilkersOn is the president of the Law
Enforcement League in Rome and
Wright is the leagues attorney.
The club was proceeded against and
closed under that section of the code
permitting any citizen to enjoin a
blind tiger" as a nuisance. This is
the same section of the code under
which hree-fourths of the saloons in
Macon already have been shut up.
The Rome club pleads. however,
that 1t does not operate its lockers for
profit in any manner. II says that
each member is served from his lock-
er at the actual cost of the liquors
dispensed, but that 1t does exact of
each order served a service fee Of
. 1-2 cents, which fee goes to liqui-
date the running expense of the club.
Judge Moses Wright, in the Supe-
rior Court of FLOYD, held that this fee
for service constitutes an element OF
profit to the club on the dispensing Of
liquors. and. therefore. is altogether
unlawful. and IT is upon that point
that the club appealed.
Wright, for the Law Enforcement
League Of Rome. asks that the Rome
court ruling be affirmed, and that the
supreme Court further state. if it
will, Just what locker club may do.
la. g. t.
dispensing liquors in Georgia.
Il am confident that the Supreme
Court viii affirm the case tried in the
Floyd court" said Mr.. Wright, and
{ II does the last evasion of the clubs
will be cut from under them.
We have all the laws against the
sale of liquor we need in Georgia. and
7 have no patience with the new laws
forever offered in the Legislature. We
have now Perfect prohibition law
All that We need in Georgia is en-
I, forcement Of the law We have.
IF the Supreme Court will do the
things I am asking it to do. including
| its affirmation of the case from FlOVd.
promise that there will not he lively q
months hence within the State Of
Georgia, no matter what city, is con-
Cerned. even including Savannah one
AtAt SAL ltN MI 'iAp al N'ilNt VI one
saloon that sells a beverage pro-
sCrihed by law.
Nearly every club. if not all, in
Georgia to-day, and ever near beer
saloon, is illegally operated lit is
nothing more or less than blind tiger
We are shutting them up in Macon,
and we have shut them up in Rome.
| We viii shut them up e, erywhere
The present case from FLOYD win
bring about show down'-mark
! that"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06
Office Boy 'Sleuth'
Solves Mystery of
Lost Sl,lOO Check

Jimmy" the office boy for Dunson
& Gay. in the Equitable Building.
solved the mystery Of the disappear
ance Of 100 check Monday.
The check arrived in the mornings
mail from Petersburg, W Va. Then
it disappeared
Desks were overhauled. Waste pa
per baskets searched Then Jimmy
came in from the letter box. where
he had mailed some letters. He was
questioned.
TT might have been in one OF them
letters" the amateur sleuth replied.
Postmaster Jones was notified, the
letter box was searched and the check
was found, II had been put in the
outgoing mail by mistake.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-10-06
County Refuses
To Paw Newt Lee.

Claims fled by attorneys for Newt
Lee. the negro witness in the Frank
case. for recovery for time lost while
confined in the county Jail. were
turned down by the Board Of County
Commiss toner's in monthly session
Monday morning
The vote OF the board was unani-
nous following motion Of General
Clifford Anderson. who declared the
county owed nothing 10 Newt Lee. in
aSmuch as he was held at the in
stance OF the State. The negro was
held in the county as witness for
about three months.
Previous TO the decision Of the
board communication was read
from Attorney Luther RosScU who
refused TO give an S5nion as to the