Decatur Daily Democrat, Volume 6, Number 32, Decatur, Adams County, 6 February 1908 — Page 3
A Warm Proposition
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Tague Shoe Store
WEATHER. ——— Fkir tonight and Friday, except snow in northwest portion tonight; colder tonight. John Gephart is a Fort Wayne business caller. Miss Emma Hoffman will witness the play at Fort Wayne tonight. Miss Pansy Bell will be the guest at Fort Wayne Thursday evening. Miss Lucile Hale will attend the show at Fort Wayne this evening. Judge R. K. Erwin made a business trip to Fort Wayne this morning. W. H. Fledderjohann returned last evening from a business trip at Berne. Levi Nelson, who is suffering from a severe attack of paralysis is no better. Sam Schindler, of Berne, returned home last evening after attending to business in the city. Fred Kuby, of Willßhore, Ohio, passed through the city enroute to Fort Wayne on business. Misses Madge Hite and Zoe Miller spent the day with Mrs. C. J. Lutz at the Brookside farm. J. E. Swank, of east of the city, went to Portland this morning to look after business affairs. The missing word contest continues to grow in interest and many answers are received each morning. Mr. and Mrs. Ray Meriss, of Pleasant Mills, were callers in our city today and have returned to their home. ThC new proposed base ball league t® be known as the Northern Indiana has favorably impressed the local fans. Miss Marie Beery and Jesse Sellemeyer will leave this evening for Fort Wayne to attend the play at the Majestic. Fred Harber, of Fort Wayne, returned to his home this morning after attending the K. of C. dance last evening. Mrs. Fanny Cole and Harold Wilson will go to Fort Wayne this evening to attend “Marrying Mary” at the Majestic. The icy sidewalks caused many a person to lose their balance and fall today although no serious results have been reported. Mr. and Mrs. Erman Mentzer and children, Walter and Frances, are the guests of the latter’s parents, Mr. and Mrs Isaac Peters. Misses Midge Smith. Fanny Hite, Marie Patterson and Beuhla Glieckman will go to Fort Wayne this evening to attend the show at the Majestic theater.
A FOUR PLY Extra tight woven cloth MmMjflr arctic is better than the ordiwESSaB nary loose woven ones, that is the reason we sell so many. Ours WEAR BETTER. Try ’em. ■ Charlie Voglewede The Shoe Seller.
A warm proposition is what people are looking for this kind of weather. We know this, by the new customers that are coming to our store. They know well when we advertise that we have bargains, that the price is so low that they buy it. All of our warm line goods are going at your price this month. Come and see for yourself.
F. J. Gerber, of Berne, was a pleasant caller in our city this morning and has returned to his home. Will Seitz left for his home at Fort Waye after visiting his grandfather, Peter Seitz for a short time. Mr. and Mrs... Shultz went to Berne this morning to be the guests of friends and relatives for some time. The lecture to be given at the Presbyterian church tonight by Prof. Kelly begins promptly at 7:30 o’clock. The condition of Eli Presdorf remains about the same as yesterday and a slight improvement is noticed. The public schools are befr-g well attended at present, regardless of the inclement weather and very few pupils have been absent. Work is progressing nicely on The Monroe Grain, Hay and Milling building, and from indications it will soon be ready for occupancy. Mrs. William Breiner, of northeast of the city, who has been suffering for several weeks with a complication of diseases, is still in a critical condition. She suffers heart failure frequently. The lecture to be given by Professor Kelly, president of Earlham college, at the Presbyterian church tonight will be far above the average and a large number have planned to attend. Special music will be rendered. Wheat on the local market has advanced two cents in price, and is now quoted at eighty-eight cents. This commodity is fast assuming its former price and local merchants are again expecting it to reach the dollar mark. Word has reached the city announcing the fact that Mr. Ernsberger, father of J. A. Ernsberger, who some time ago moved to Ada. Ohio, is in a serious condition from pneumonia. He is about eighty years of age and his recovery is doubtful. Did you fall this morning? If not you are lucky, and if you did why you had lots of company, so congratulate yourself. The rain that fell yesterday afternoon and the sudden turn for a colder spell last night made the streets and sidewalks a solid cake of ice, that made walking almost impossible. According to reports received by H. E. Barnard, state food and drug commissioner, a movement is on in many counties of the state to improve the condition of dairies. Mr. Barnard believes this is a very commendable plan, and the inspectors of the state board of health are making it a point to look closely into dairy conditions.
J. H. Hilty returned to Berne after transacting business here. Elmer Miller, of Portland, was a Decatur business caller today. Mrs. Mary McManus, of Celina, was a business caller today. C. H. Michael, of Berne, was a business caller in the city this morning. ; We have the name of a young lady I who wishes a place with a private fam- i By. If you want a girl inquire. The condition of L. W. Lewton, who [ is suffering from an attack of gall I stones is reported as being no better today, although he rested well la t night he seemed to be a little weaker. His family and friends are hoping for a speedy recovery but as yet there seems to be no material change in his condition. The “Bank Cashier” show company under the direction of Dent Spencer, is getting along nicely and rehearsals are Indulged in each night in order to get into good trim for their show at Ohio City next week. The company is said to be composed of good talent and 1 their tour through Ohio promises to be a successful one. Judge R. S. Taylor, according to all newspaper reports is on the sick list, and confined to his home at Fort Wayne in a serious condition. What the ailment is the papers do not state but all claim that his condition is very alarming. Judge Taylor is well known in this city and has a host of friends who wish him a speedy recovery. Work at the Wells Fargo company office in the way of painting and decorating their business room is moving along speedily and everything will be in apple pie order in a short time. Ed Augenbaugk, the painter, has the decorating work in charge and is doing a fancy job that is meeting with the approval of all. The interurban cars started out on their regular scheduled time this morning and seemingly experienced no trouble in making their runs like they did on Wednesday morning. The ice on the track and trolley had disappeared and this made running much easier. There is no doubt but that the cars will run very regular today. The Mite Box opening and missionary luncheon that was scheduled for tomorrow night at the Methodist par sonage, has been postponed one week later. The Woman's Home Missionary society who were planning the event will observe the same program at the postponed date. The death of Rev. W. H. Daniels causes the postponement. Moved by the great number of crossing accidents that have occurred recently, the railroad commission is sending out to all railroad companies copies of a bulletin discussing the causes of this kind of accidents and directing that highway crossing signs be erected at all crossings in the state that are not already supplied with such signs. The new depository law proved to be a very good thing for the city of Decatur during the past month, as the city received something like thirty dollars in interest which has never occurred in the past. Under this new law Treasurer Archbold is to make daily deposits upon which he receives s stipulated rate of interest, which accumulates to a considerable sum in thirty days. The council will meet in special session on next Tuesday evening at w'hich time they will adopt a resolution ordering the city clerk to issue bonds to contractor Julius Haugk for the construction of the Seventh street improvement. The bonds will thus be able to be turned to Mr. Haugk immediately upon his arrival from Germany and give him an opportunity to dispose of them at once. The funeral of Mrs. Elizabeth Reiter was held this afternoon at the St. Paul church at two o’clock, Rev. Jaus officiating, and a large crowd being present to nay their last tribute of respect to the deceased Rev. Jaus spoke at length concerning the past life of the deceased and portrayed the same in a beautiful manner. Interment was made in the family burial plot at the St, Paul cemetery. The ice men are taking advantage of this kind of weather and are pushing the work of storing ice for the coming summer’s use as fast as possible. The little rfain of yesterday did not hurt the ice to any degree and from what we can learn the ice is practically as good as last year, although probably not as thick. They are now all anxiously awaiting the river to freeze over to the right thickness. Judge Sturgis has been confined to his home by sickness since Tuesday and there was no session of court today and unless the judge’s condition should Improve, there may have to be a continuance of a number of cases. He is suffering with a complication of grip and malarial fever and last night his temperature was 102%. This afternoon it was reduced to 101. It is not likely that he can be in court for several days. Halt little son, Francis, is reported not so well today.—Bluffton Neys. \xa_j_uuCumuri Ju.i i ".tt -■ V. ■ > - • '
John Hite left for Geneva at noon. Harry Butler is visiting friends at Eaton, Ind. Chas. Heckman is a Warren bust-1 ness caller. M. S. Smith is a Fort Wayne business caller. Dora Lam man is a West Baden business caller, Christ Hilty left for his home at Berne at noon. A. B. Berry, of Monroe, was a business caller here. Aleck Branderberry, of Tipton. is in the city today. Mr. Saphar, of Portland, was a Decatur caller today. J. F. Tisron made a business trip to Fort Wayne today. M. E. Babcock arrived home from Delphos, Ohio, at noon. Chas. Scheiman, of Hoagland, was in the city as a business caller. L. L. Sheeland returned to Geneva ■ after being in the city on business. Harry Cutting left for West Baden this afternoon on a business trip. Martin Heckman, of Stop 21, was in the city on business this afternoon. Miss Minie Shady, of Elkhart, arrived this afternoon to visit relatives. Vincent Forbing left at noon for Toledo, where he has accepted a position. Mr. and Mrs. Chas. Woods, of Michigan, arrived at noon to visit relatives. Martin Beery arrived home from Elkhart, where he was spending a fw days. D. G. Niblick, of Anderson, is in the city the guest of his sister, Mrs. Kate Place. M. Pindall, of Van Wert, left for his home after being in the city this morning on business. ; A. W. Fonner, of Stop 24, returned to his home this afternoon after being in the city on business. Miss Mae Parrish is visiting a few days at Craigville, before returning to her home at Bluffton. Wilbur Urick, of Portland, returned home after visiting with William Richard and family for a few days. Joseph Shady, of Weils county, passed through the city enroute from Elkhart, where he has been visiting friends. All members of the degree staff of the Ben Hur lodge are requested to be at their hall next Friday night to rehearse. TLe meeting will be an important one and all members of the degree staff are urgently requested to be present. The Niblick and Company store is possibly the busiest place in the city at present owing to the fact that they are taking their annual invoice. The girls are all adorned with aprons and dust caps, which make them look very attractive indeed. They say that their caps are the latest and up to date models of what the Easter style will be, so ladies, if you want to be up to date kindly step into Niblicks and get the latesPideas. Tom Peterson received word last evening from Cincinnati, 0., from the secretary of the national bowling tournament informing him that the Decatur team is expected to report on February 14th at eight o’clock a. m. and start to bowling on alley number fourteen. The members of the local team secured just the date they asked for, and now begin to think that things are coming their way, and are confident of bringing home some of the prize money. Superintendent Beachler, of the Decatur high schools is endeavoring to secure a competent teacher for the orchestra at the high school and should he be successful in interesting the boys in this line the high school will be able to boast of one of the best musical organizations in the state. The school has lots of talent and all that tt needs is developing which will take the work of a teacher. It is possible that the boys will take up with the movement. A large number of horsemen representing the Decatur Horse Sale company are scattered all over the State scouting for horses to be used at the coming sale. The boys are endeavoring to make these sales as popular as can be and are making an extraordinary effort to have a large number of fancy driving and coach horses for the bidders to look over. Regardless of the fact that the horse market is very quiet, these men are trying to stir up some interest in the game. Frank Runyan was in Muncie last night to go over the base ball situation with the Shamrocks club, of that city, which he is trying to get to take a berth in the new Northern Indiana league. Muncie has also been offered a berth in the 1.-O. league and is taking time to consider at her leisure with which league she will cast her lot. Runyan received a letter today from Frank Gamble, of Van Wert, inviting Bluffton to attend an 1.-O. meeting at Piqua, Friday but it probably will be disregarded.—Bluffton News.
HEW KINDIjJFBANKERS Breaking Away From Old* Style Financing, They Serve Small investors Only. Innovation* Introduced In Method of Providing Capital For Industrial Undertaking* to Gain Freedom From Wall Street and Big Syndicate*—Men Who Showed the Public How to Do Its Own “Underwriting.” Last year’s panic prices for stocks and the temporary distrust of banks brought thousands of small investors into the stock market. Wall street fur the first time took serious notice of the investor with a few hundred dollars and welcomed him for the time being. He wasn't liked, but his money was acceptable in the absence of larger sums. Long before this the government, in response to popular demand, but against the advice of Wall street, which bad loudly declared that the innovation could not possibly succeed, had adopted the policy of popular bond subscriptions. In these the subscriber for one bond had the same chance as tike 125.000.000 syndicate. Far Small Investor* Only. And now there has come into the realm of finance a kind of banking house or fiscal agent that eaters solely to the small Investor in industrial undertakings. Two of these, the new telegraph company, the Telepost, and the Oxford mills that are being built in New England to make linen for the first time in the United States, are financed by the Sterling Debenture Corporation of New York. In both cases the limit of individual subscriptions is 100 ten dollar shares. Os course Wall street and the men composing the banking syndicates, which have heretofore had a monopoly of financing new undertakings and of reorganizing and watering old ones, looked with disfavor upon the Sterling's methods. Nevertheless It has gone ahead and now has more investors on its books than any other concern in the United States. Bankers With New Ideas. Two men have built up this enormous business. Neither of them was a banker to start w ith. They were men with ideas. They make the soundness of the business they undertake to finance and the protection of the shareholders the primary considerations. When that much is settled they begin to think of how the capital is to be obtained. Speculative undertakings are barred absolutely. One of these men is G. H. Middlebrook, the president of the Sterling Debenture corporation, and the other Is F. W. Shumaker, the secretary and treasurer. They have shown the public how to do its own underwriting. Mr. Shumaker is responsible for more wholesome innovations in finance than have been introduced before in a generation. The method adopted by the Telepost company of rewarding pioneer stockholders without resorting to any form of stock watering is an example. The plan is simple enough—so simple that ■no one ever thought of it before. It consists in distributing surplus earnings above a dividend of 10 per cent to all stockholders alike among the purchasers of the first $4,000,000 of the company’s stock. Actual Value Versus Water. This distribution is in the form of construction debentures representing actual investment of surplus earnings in improvements and extensions. If the railroads had adopted this plan fifty years ago they would have avoided nearly every later evil in railroad financing and manipulation. Another of Mr. Shumaker’s ideas is the allotment of the Telepost company’s stock among the states on the basis of population. This secures a geographical distribution very valuable to a public service corporation whose greatest asset is public co-operation and good will. A separate department of the Sterling corporation’s business is a bank and trust company stock exchange that takes orders for and sells the shares of such institutions from Maine to California. Almost any bank stock that anybody wants to buy or sell is handled by this department in small or large lots. This is also a new idea. But the newest idea of all is that of seeking large amounts of capital from a multiplicity of small investors, coupled with the promise that they shall have the chance that only the men with millions have had in the past Are Our Schools Effeminized? Sir Alfred Mosely, who has recently made a report on bi.f investigation of American public schools, expresses only one serious criticism. This is that there are too many women teachers, whose Influence on the older boys iu elementary schools, he thinks, is unhealthy and lacking in discipline. If the effort now being renewed to equalize the pay of men and women teachers is successful, it will mean a further reduction of the already small proportion of men in the public schools. The expense of such an undertaking would be enormous. No community could stand it, and the men would have to go. Geneva, until about twenty years ago, had the reputation of being a cheap place in which to live. By degrees it has become more and more expensive until the point has been reached where a prominent woman who spends her winters In New York and her summers there has made the assertion that the necessaries of life cost more tn Geneva than they do in New York.
| Are you looking s s For Bargains? f ■ We have some choice bar- ■ i gains left in overcoats, wool- ■ I en underwear, odd pants for S ■ men and boys and suits for j ■ children. We are advertisers of Facts « i and when we say we have bar- ! 2 gains you can depend upon S ■ them being REAL BARGAINS. ■ ■ We will close out our sheep ■ i lined corduroy coats for $4.50 i ■ while they last. Come and see ! ■ for yourself. ■ TEEPLE, BRANDVBERRY ! S & PETERSON | Big Store Block Sllliimilllll ■■■■■■■■■■■■■■■
The installation of the officers for the Eagles lodge will take place this evening at their hall over the Winnes shoe store. The officers that will be installed at this meeting will serve for the ensuing year. The officers will be installed by Henry Thomas of this city. A full attendance is desired at this meeting as it is desirous of giving the new members a rousing send off. The Elks and K. of C. bowling teams are scheduled to meet this evening at the Klondyke alleys and roll their games. The Elks are still in the lead in the city league and will make an extraordinary effort to capture a majority of the games this evening to maintain that lead. The teams are evenly matched and an interesting contest will be in order for the fans this evening.
Duroc Bred Sow SALE At Rice & Boch’s sale barn on FIRST STREET Monday. Feb. IO SALE BEGINS at 12:30 Nidlinger & Son —■■ | Bosse’s Opera House j : Monday, Feb- 10 j ♦ The Union Dramatic Company present J i The Bank Cashier | :: At Hard Time Prices: 10,15 and 20 Cents : h A Guaranteed Production | o Beautiful Story I I! Brilliant Electrical Effects ♦ H GOOD SPECIALTIES ♦ ’J Seat sale at the Usual Place-Reserved Seats Blue | <; Chairs i scents. Opera chairs 20 cents. X
THE R YST A L ■THEATRE® OPEN TONIGHT MOTION PICTURES. First film —“The Soldier's Dream ” “The Veiled Beauty.” Second film —“Go, Little Cabin Bay." “The Witch’s Secret.” ILLUSTRATED SONG. “The Girl Who Threw Me Down.” SCHMUCK & MILLER Rev. Spetnagel, of Rockford, Ohio, very favorably impressed his audiences last Sunday by his excellent sermon# and It is probable that he will preach here again soon.
