davidaulloa/AmericanStories huggingface dataset:
Evening star., 1919-11-09
Unit System of Tellers.

Il was also asked to discuss the
unit system of telfers. Our bank had
always used this system in our ladies'
department, and when we remodeIed
the question came up adopting the
system for our mems department as
well.
I'VE found that the system was very
universally used in the west, and was
to limited extent being used in New
York.
I'VE had a condition to meet with
reference to our signature cards. We
had over $4,000 active signature cards
at our central branch and 1t was not
possible to have so many close enough
for the teller's reference. and there
fore by adopting the system of paying
Evening star., 1919-11-09
SIX BILLIONS NEEDED
FOR OUR RAILROADS

CHICAGO, November Sat least
Sc, 200, 100000 of new capital must
be invested in railroad facilities
within the next three years If the
roads are to become able satisfac-
torily to handle the countrys COM
merce, Samuel o. Dunn. editor of the
Railway Age, estimated in an address
today. Any legislation involving the
railways should be designed with that
considered, he said.
The railways during the next three
years should buy at least 100000
freight cars, 10000 locomotives and
10000 passenger cars, he said. to
make up the existing deficiency of
equipment to replace that which
should be retired and to provide for
handling additional business.
THAT number of locomotives and
cars at present prices would cost ap-
5O0.O00,o0o, to say
nothing of what must be spent for
new main tracks, second and third
tracks. yards, sidings. shocs and SO
on" continued Mr.. Dunn.
"The welfare of the country de-
Evening star., 1919-11-09

and yet the statement is made that
the demand here is urgent.
The Belgian government per cent
restoration loan of 1919 is one of the
favored issues. Belgium is making
rapid strides in the work of re-
cuperation and Industrial activity.
The big rate of discount on Belgian
francs makes the investment pay
large resurns. Big American bank
ers recommend these bonds for in
vestment.,
Moorehead & Elmore gives the British
per cent national war loans good rec,
ommendation and also the and per
cent bonds of the French republic.
Here. too. the low rate Of exchange
makes for large returns on the invest
ment
The foreign exchange situation also
offers opportunities to those who wish
to buy goods in the countries named. or
the central states, where exchange is
much weaker; pay off loans, debts OF
mortgages in any of the countries
named. or to remit cash to relatives.
Interest Payments.
With the first of December the Capt.
tai Traction Company will disburSe
sl5o,G00 interest to it's bondholders and
the Potomac Electric Power Company
will send out checks for s42, 500, to it's
first mortgage bondholders.
The Columbia Graphophone will pay
off about S1,150000 of its 6 per cent
bonds. largely to local investors, who
may then be in the market seeking de-
sirable investment.
Back in Banking.
The return of Lawrence A. Slaugh-
ter to the active vice presidency of
the Dupont National Bank has caused
Evening star., 1919-11-09
ENGLAND CONCERNED
OVER CENTRAL STATES
Some Anxiety Shown Over the
Situation in the United
States,

(From y. Y. Evening Post Financial Bureau.}
LONDON, November S.-Rates in the
money market are steadily Tightening.
The sole object Of the Bank of England
in raising It's discount rate from to
6 per cent was to check speculative tend
encies which have manifested them
selves in commodities as well as Sc
curities. If the rise in prices were to
continue it would inevitably mean fur
ther currency expansion.
In this connection it is generally
q greed In the city that Austin Cham
berlain missed great opportunity to
impress the country with the magnitude
of Great Britatn's financial task His
announcement that no additional taxa
ton will be necessary during the new
year gave a fresh impetus to spccula-
ton. New issues Of capital are numer-
Gus and extensive and speculative tend
encies are spreading. whereas 1t ID
considered that both England and Amer
lea should conserve ali their financial
power for promoting a genuine revival
OF commercial activity and for provid-
ing for the devastated areas Of Europe.
Evening star., 1919-11-09
Pointers by F. g. Addison, Jr.

THE question of passing on the gen.
uineness of signatures is handled by
eight banks by permitting their book
keepers to assume this responsibility.
the other thirteen requiring either the
head bookkeeper or chief clerk or pay
ing teller to do this, and as to stop
payments sixteen of the twenty-one have
the bookkeepers pass on them. AS to
whether this has been satisfactory ex-
perience with these sixteen banks l am
not informed, but my personal experi-
ence has been that 1t is necessary to
have whoever is responsible make an
examination of checks for this purpose
as a separate transaction and not de-
pend entirely on the flag or other means
of warming the bcokkeepers have on
each account. 1t develops that nineteen
of the twenty-ore banks have adopted
a rule that no bookkeeper can post any
charge ticket to any account unless that
ticket has been initiated by an officer.
This practice is so nearly uniform that
do not believe it needs any comment
as to the desirability Of the rule or the
protection given by it's use.
only one of the twenty-one banks
permits erasures on their ledgers. the
others requiring cross entries to make
correction Of errorG or mispostings
1T used to be that all banks jour-
naliZed all checks. and also used a de-
posit ticker to enter al! deposits, but
they have now discontinued the use Of
the journal and all but seven have dis
continued the use of the deposit tickler
Possibly this Information may be Of
interest to those of you that still jour-
naliZe and you may find that it is
really unnecessary to do all this work
in your system. especially as two-thirds
Of the banks have found that they could
and have discontinued its use. / be-
lieve no essential record should be dis
pensed with, yet all unnecessary ef-
fort must be eliminated, especially
ours. because expenses are increasing in
our business as in all other lines, yet
, our ty-interest-cannot go up
in price.
Evening star., 1919-11-09

mands speedy action, and also wise
action. for if any action taken does
not put the railway companies in a
position to begin at once raising vast
amounts of new capital, the develop
ment of the Industries of the country
probably will be stopped"
Evening star., 1919-11-09
Counting on Two Decisions.

The general opinion is that the
United states Supreme Court is about
TO hand down two very important de-
isions. both of " hich will have a very
decided influence on Wall street
speculation Immediately following
the reports.
Should the decision in the Southern
Pacific oil lands case be against the
contention of the Southern Pacific
company tand there are very few
who believe that il will be). the
stock of this corporation will GER
'ainly take slump. 1t has advanced
on the theory of favorable ruling
by the court. and will go higher In
Inc event OF the court supporting the
claims of the Southern Pacific 10 the
great oil lands.
The stock dividend case must be
nearing a decision. In the event Of
the court sustaining the contention of
the lower courts, as every one ex-
poets IT will, we will be right in an
era of big melon cutting If stock
dividends are held not income there
VIII be some very large stock diyj-
dends declared within thirty days or
before the end of the year.
Many big advances in stock values
have their basis on the expected dis
tribution, and stock brokers are as
suring their customers that the
chances are largely In favor of the
continuation of the decrees of lower
courts.
Evening star., 1919-11-09
Worried at Delay.

Without any kind of comment. I
must report that financial London is
deeply concerned in considering the
probable effect of delay in ratifica.
tion of the peace treaty on the worlds
economic outlook.
1t is generally believed that youp
coal strike will shortly terminate. like
our railway strike. The character
and conduct of the two disputes are
extraordinarily similar
There Is an increasing disposition
to concentrate attention on the in
ternational aspect of finance
Growing apprehensions are ex-
pressed concerning Germany and Aus
tria. with some anxiety even over
your developments. especially II poll
| tics is allowed to enter into the situa-
tlon. which is still dominated by the
confused aftermath of war. In the
belief of import circles here, II in
difficult to exaggerate the Importance
OF the need that England and Ameri
ca realize that the same ideals which
| inspired them to fight for civilization
are essential to secure the fruits of
victory and insure permanent peace
A peculiar situation exists in regard
notes" and Bank Of England notes In
gold. Both are legally repayable In
gold. and the bank is also PREPARED tn
give gold on demand. But inasmuch
as gold exports are prohibited savA
under license, and gold is not re-
demands would be actively discoufse-
ed. There are some indications that
notes are being boarded. This can he
traced directly to. apprehensions Of
Our financial circles have bAen in.
| terested in reports from your side as
to impending Chinese financing. There
| is no reason to think that a Chinese
| loan. in which our bankers would par
| ticipate, is imminent.
| Practically no foreign securitiA. srA
Offering here apart from ofdinafy
| bills because such issues are dis.
couraged by the proposed French lot
terry loan; This Is an exceptional de-
with the foreign exchange position
and the gambling chance attached to
the French ISSUE may easily take
! large sums from our market. - :
Evening star., 1919-11-09

a cessation of efforts being made by a
couple of local financial men to Sc
cure control of the bank.
Mr.. Slaughter has the confidence of
W. w. .Spaid, president of the bank
and of the entire directory, and is
himself very popular with the clientele
of the uptown institution. He left
the institution some months ago to
give his attention to the Harrington
Mills hotel interests, but found him.
self longing for the banking busi-
ness.
Turn in Exports Here.
JsS Bache & Co. have this to say:
The figures of foreign trade indicate
that the turn in excessive exports.
" hich has prevailed since 1914 has
was $14.5S0, 100000, of which $4,130,
063,0 is credited to the present fis-
cal year, closing in June OF this five
year excess about s1,000.O00,000 has
been paid in gold. Our government
has loaned to foreign governments
nearly s10.000.00o,000. and loans
abroad, other than government, are
estimated at $4,000, 100000.
But in September the imports of
the country rose 500, ,800, 900 above the
highest figures reached heretofore, and
exports declined. This shows the ef-
feet of the low foreign-exchange
market in encoura ging imports, setting
up a natural tariff against the sale of
our goods abroad. The impossibility
of our continuing Indefinitely to pile
up balances against Europe is mani
fest and Is not to be regretted"
Mr.. Morrow. Of j. Z. Morgan & Co.,
at the international trade conference
said on this subject:
II believe that the exports from the
United States to Europe must gradu-
ally diminish and that the imports
into this country from Europe must
gradually increase. Neither of these
results should be deplored. The world
will be better OF when the wheat
fields of Rumania and of Russia are
made productive again, for the people
Of Europe. and this country will be
better off as a part of that improved
world. Moreover, at a time when we
are complaining Of the high cost of
living we should welcome an increase
in our imports of those things that
Europe can make for us better than we
can make them for ourselves"
Evening star., 1919-11-09
Buy,ng of Foreign Bonds

Bond houses report that there is
a large local movement in foreign
in the home market and are being
resold In large amounts in Washing
ton One would not think that this
business would be especially active.
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14

produces a public officer who can sat
isfy the whims of all the people, IT
will have brought out curiosity
in circus. The official who does
what he believes to be right, without
fear or favor, and cares little who is
hit. is the good officer. There are
more of this kind than some people
will believe, and those who are made
targets by politicians and others who
seek personal advancement at the ex
pense of the taxpayer, are generally
found to be that kind.
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14
ONLY A POSSIBILITY.

The presidents illness may keep
him for time away from active bus
mess, but the talk about the vice
president taking over the reins of
government appears to us as prema-
ture. If we mistake not, President
Wilson has a constitution like unto
iron. and if given half chance he
will win out in this illness and soon
be himself again. We do not know
just what Interpretation can be put
upon the constitutional provisions for
succession to the presidency by reason
of the presidents disability. 1t would
seem that the disability ought to be
permanent before the constitution
should apply. There is doubtless inn
portant business for the president to
attend to at this time, but we doubt
if the country will suffer to any great
extent IL the business waits a few
days. and it is also fact that the
president has had his hands full of
pretty important business for the past
two or three years, and should have
rest
Furthermore, talk about replacing
the president because of his indispo-
sition is discourtesy. Congress as
a more than general rule, takes it's
own time in enacting laws and if the
president delays his signature while
indisposed, they threaten to throw
him out,
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14
DEATHS FROM TYPHOID.

DR.. l.. A. Riser, state supervisor of
county health work, has brought out
the fact that there has been decid-
ed decrease in the number of deaths
from typhoid in Orangeburg and Oar
lington counties, each of which has
had two years of intensive county
health work. and comparisons with
counties where no work along health
lines has been done, they show up
we'll for those engaged in the work as
we'll as for the authorities who have
the matter in hand.
In Darlington county the number
of deaths for the first seven months Of
1917 from typhoid was four; during
the same period in 1918. there were
five; in 1919. there was one. DR..
Riser says that counties adjoining
Orangeburg show for the same period
an increase of 200 per cent in one in
stance. no change in another. 25 per
cent decrease in another. and in the
fourth 200 per cent increase. In
the latter mentioned counties there
has been no organized public health
work.
Typhoid deaths in Orangeburg
county for the same period in 1917.
numbered 70; in 1918. 16. and in
1919. four. decrease in the two
years during which time public
health work has been carried on, of
rs per cent. Surrounding counties
show in one instance, no change: in
another. 40 per cent decrease: in the
third, 90 per cent increase, and in the
fourth, 121a per cent decrease.
Typhoid is generally considered a
preventable disease and therefore the
work of the public health service is
most effective, in an educational way,
and direct results are more readily
seen. 1t is an established fact that
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14
TUESDAY. OCTOBER IA, 1919
LANCASTER BEATS THEM.

The Monroe Journal is put to it for
an explanation of the fact that Lam
caster has been paving more for cotton
than was paid in Monroe. The Jour
nal is worrying unnecessarily. Fact
is, the question provides its own an
swer-Lancaster is paying more for
cotton. more than Monroe, according
to the Journal. more than any other
market in South Carolina, and more
than ANY market in North Carolina, as
far as we are informed. The Journal
says:
For several weeks Lancaster, JEFF
ferson and Pageland have had the
reputation of paying more for cotton
than either Monroe or Marshville
Local buyers, however, are not alarm
ed over the situation. They do not
think Monroe's supremacy as the best
cotton market in this section is en-
danSered. believing that the present
high prices in the South Carolina
towns are due to the efforts Of mer-
chants to fill contracts for delivery
Of cotton sold some time ago. Just
as soon as these contracts are filled.
it is believed, the markets there will
slump to a half cent or more under
the Monroe prices"
acy? No. indeed, Monroe's suprem-
acy is not endangered. not at all but
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14
Sale OF School Bonds.

Sealed bids will be received by the
trustees of Jacksonham school dis
trict at the office of the Clerk Of the
Court, Lancaster, S. c., until IL m,
october Is, 1919. Bond issue OF
$1,S00, in three bonds of 5000 each.
bearing interest at rate of six per
cent payable semi-annually. Bonds
due in 20 years.
J. w. WICK,
A. L. PARDUE,
w. ID. TODD,
1O1-2t Trustees.
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14

George F. Poovey and Thomas
Funderburk spent Sunday in Char
oltte.
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14

public feeling it requires little to ex-
cite and the best course for all is to
obey the law and live right.
The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1919-10-14

the public health shows improvement
wherever the public health work has
been carried on.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-01-16
Police Resist Effort
Of Juvenile Officer
to Hold Young Flynn

Police and juvenile authorities
clashed yesterday over the DISPOSE
ton of R. w. Flynn, alleged boy
burglar, bound over in police court
on a charge of breaking and entering
the Walter 6. Clark storehouse.
Thirteenth and Farnam streets, De-
eember 8.
Capt. John Briggs, chief Of de-
tectives, refused to grant the request
Of Probation Officer Vosburg OF the
juvenile court that the charges
against Flynn be quashed.
Mr.. Vosburg in his interview with
the detective chief said young Flynn
was an escaped inmate Of the
Kearney reformatory and insisted
that Flynn should be returned there.
IT only means that he will be out
again in short time doing the same
thing over again." said Captain
Briggs after refusing the probation
officers demand.
Other police officers have accused
Vosburg Of releasing youths arrest
ed by them.
One said the probation officer had
turned the lads loose Immediately
after they had been remanded to his
custody.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-01-16

Second Voice (dismaily)-I dun-c
no. / can't see nothin'. Gosh! She's
wetl
Third Voice (from an ambulance)
Hey, what in hell's the trouble up
there9 You dead, or whatf Do you
think l want to stay here all night!
Fourth Voice (from a supply
camion)-Come on, uowl Less gol
Ally! Allyl
First Voice (bitterly)-Yeh, aliyl
Chorus of Voices with sarcasm)
-Allyl Allyl
Fifth Voice (rising very authori-
tatively out of the darkness, as
somebody flashes on light, spraying
entire column with the white glow)
PUT OUT THAT LIGHT
Sixth Voice las light suddenly
vanishes)-Well, they's a military
policeman around, anyway. That'll
M. P. Wins War.
Seventh Voice (shrilly)-Who
wins the war?
Muffied Chorus of Notes.-The
M. Psi
Fifth Voice (deprecatingly)-
Thsss all right, nowl Thass all
right
First Voice (consolingiy)-Jerry
won't be over a night like this, bud
dies; it's too dark.
Fifth Voice-Ney' mind about
Jerry. Just keep that light out.
Eighth Voice (from another sup
ply canton, very piaintively)-T
is hell of a. way to run a warl
Where are we at, anyway? What's
the name of this place! Don't any
body knowf
First Voice (peevishiy)--Aw, it's
Omahal Where d'you supposed
Eighth Voice Gin some distress)
How fairs to Buzancy? / gotta
git to Buzancy tonight some time.
/ just gotta do it.
Ninth Voice (from down the iine)
Hey, what's the idea7 Give us a
First Voice (derisively)-You
gotta fat chance, you have, buddiel
Seventh voice Coming family and
from far away: Whoa. you - II
-
Second voice (admiringIy): Who's
at guy5 Sounds like a gen'ral.
First voice (also admiringly): It's
more likely some mule skinner. I'll
say he kin cuss,
Second voice Warmly; l claim he
kinl
Tenth voice (from the interior of
a truck, pensively); ! hope the
Squareheads don't start shovelin' no
coal over this way till we git out of
here. It'd be a little bit messy. You
member that road to Montafaucon.
Joe?
Member of Gimme Club.
!, Eleventh voice (from seat of
truck1: Aw, they amt been shellin'
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-01-16

City Commissioner Towle also
spoke for the market, claiming il
would increase the amount OF prod
uce on the acres of unused land in
the suburbs of the city.
Library Called Inadequate.
. Referring to the plan for a new
library and auditorium plans, Mayor
Smith said the present library was
inadequate even as a library, and
provided no space for art exhibits
or a museum. He said the city should
have an auditorium seating $500
people, as the Municipal auditorium
was far too large for the many small
gatherings that meet there. IF you
don't think So" he said, "just try
once to get up and speak to 1000
people in a building large enough
to hold 5000"
Already the mayor has written
General Harries and Major Mahei
in France asking them to send to
Nebraska trophies captured by the
Nebraska boys in France, "and when
these things come we don't want
them to lay out doors" he added.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1919-01-16
Chamber of Commerce
Adopts Mercer Memorial

At the meeting of the executive
committee of the Chamber Of Com
meree Tuesday, the following reso-
luton in memory of ex-Congress-
man David H. Mercer was adopted.
The death Of Hon. David H. Mercer has
removed q benefactor OF Omaha ana Ne
braska.
In five successive terms in congress he
gave the ten best years Of his life ia loyal
service to his city and state, and he leaves
record Of substantial achievements IN
office that will stand for years to come
In recognition Of the benefits that have
come TO Omaha through his active efforts
the Omaha Chamber Of Commerce author
Ices this expression OF respect and apprs-
citation TO be incorporated in the per-
manent records Of this organization.
A resolution in memory of Henry
S. Susmann, member of the execu-
tive committee last year, who died
December 5, was also adopted at the
same meeting.