Hammond Times, Volume 1, Number 43, Hammond, Lake County, 7 August 1906 — Page 5
TUKSDAY. AUGUST 7. 1906. i
THE LAKE COUNTY TIMES PAG E FIVE
JOS. W. WEIS, R. Ph.
DRUG
98 State Street Phone No. 1.
DEPOSITORS HARD HIT
TRIPLE LYNCHING OF HEGEOES
THE
State Officials Close a Chicago
Savings Bank with Deposits Aggregating 34,200,000.
THESE ARE RUMORS OF FRAUD
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Strong Force of Police Needed to Pre
vent a Hush on the Bank by Frantic Depositors No Other Concern Involved.
oheapeBt in the end. We iell the beat coaA that money can bny,
but we charge no more for it than yon will hate to pay for an fbfsrsor artiole BccHman, Illatt CL CoCOAL. - FEED. - BUILDIND MATERIAL TELEPHONE 40. - 340 INDIANA AVE.
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Mr III
CmZENS
GERMAN NATIONAL
BAN
HAMMOND IND. Capital $100,000. Yonr Bank account is not too large, too small for the
"Neither is it
CITBZEOS GERftlAB RATIONAL BAKK to handle. We solicit the same on the most liberal terms consistent with good Banking. 3 per cent interest paid on time certificates of deposits. Same issued from $i.cd op. Drafts to all. parts of the World sold.
O O SMITH Presr GFO il EDER Cashier
W D WEIS M D Vice Pres E S EMERGE Aas't Caahter
DI RECTORS
CHAS SMITH C H FRIEDRICH
J G BECKER
WM D WEIS -HERMAN SCHREIBER
G. W. HUNTER
Best Eqipped Repair Shop in the State.' Compressed Air FREE. Bowser Gasoline System
Phone 122 91 5. HOHMAN STREET
Uuthn Block, HAMOMND. IND.
You
ill! Us the lay w Loan Ellonev
On Furniture, Pianos, Horses, Wagons Etc., without moving them l'rom your possession. There is no publicity' whatever.- ' We, do not inquire of your friends or neighbors. ' Our rates are the lowest And rebate is griven if paid before time contracted. You repay in small weekly or monthly payments. Come in and learn how cheaply you can get the use of $10 to $1,000 for one month to one year. If you can not call write 01 phone and we will send our representative to see you. CHICAGO DISCOUNT CO. 9138-40 Commercial Ave., South Chicago. ; Telephone South Chicago 104. Room 203 Fink Bldg. Open evenings until 9 p. m.
Bank, However, Has $1,051,000 Cash
Due from Other Banks.
Chicago, Aug. 7. With a deficit In
its accounts estimated to rrnoh close to a railliou dollars and with the whereabouts of two of its highest oftk-iuls
unknown to the authorities the Milwaukee Avenue State bank, one of the
largest outlyins banks in the city, has
been closed. The failure was responsi
ble for te death of one of the depos
itors and led to the suicide of another
man who a month ago had placed his
earnings of a lifetime in the institution for safe keeping. In the excitement
following the announcement of the failure J. (J. Visser, an otlieial of the Loyal League, who had on deposit in the bank funds of that organization, fell dead of ha?t failure. Henry
Koepke, a small priK-cr, 011 hearing
that the bank had suspended payment.
went to the rear of his store and shot
himself fatally.
Features of the Affair. Riotous scenes attended the an
nouncement of the failure, and a large
force of police strug-gled all day to
keep an excited crowd of depositors
nearly all of them foreigners and many
of them women from rushing the
doors of the institution. The fact that
the bank was on the verge of failure
was first revealed by President Paul O. Stensland, one of the alw?ent officials.
A letter to his son. Theodore, who is vice president, written from St. Paul
antl received last Saturday, started the
investigation which brought about the
suspension. Another sensational feature of the affair was the disappearance of the cashier, Henry W. Ilering, and the
issuing of a warrant for his arrest on
a charge of embezzlement.
Estimate of the Shortage. The shortage is estimated to ".e be
tween $7.V.fsOt and $1,(MW),0. Disas
trous speculation In real estate and in tie security market is said to be responsibleMeinliers of the clearing louse committee wore told that most 3f this amount was wholly unprotected by adequate collateral.
Three 3ien Accused of Murder Taken from Jail and Hanged by a
U Eis b. ; i Charlotte, N. C, Aug. 7. A mob ef i.6cf- riotous citizens forcibly entered P.owan county jail at Salisbury, removed therefrom three of the six negroes charged with the murder of the Lrerly family at Harber Junction, Juiy 13, and lynched them. Nease ami John Gillespie and Jack Dillingham, supposed to be the principals in that crime, were the victims of mob violence. The remaining negroes, Henry Lee, George Ervin and liella Dillingham, were not molested. The mob's victims were hanged and then their bodies riddled with bullets. The mob was talked to by Mayor P.oyden. I'nited States Senator Overman, and other prominent citizens, and the mayor even ordered out the local military company armed with rifles and .blank cartridges and ordered not to shoot anybody. Rut it was na use. The crowd wanted negro blocxi and gt It. Two men were accidentally shot by the mob. one. Fireman McLendon, of the Southern railway, being fatally, wounded, and the other, Will Troutman, a negro, severely wounded." The wantonness of this
mcb murder is emphasized by the fact that a special term of court was beiLg held to try the accused negroes.
IV lien Woman asri. A doctor expresses the opinion that nine times out of ten the woman who
I nags la tired. One time out of ten she
i
An Ideal Batn. AJ Itleal combination is to soap tho body all over, using tepid water before plunging into a cold bath. But there
are rnanv rood folks who cannot face I Is hateful. Times out of mind her hus-
a coll bath dailv and who after taking Kind is to blaras.
one are apt to be cold and shivering all the day -through. For these the best plan is, nfter a warm bath, to sponge the throat and chest with cold water, which Is most stimulating and especially so where the bather suffers from chronic colds. To insist on a cold bath
The cases that come under the physician's eye are those of the women who are tired, and who have been tired so long that they are suffering from some form of nervous disease. They may think they are only tired; but, Id fact, they are ill. In such cases
is just as unwise as to have a bath j the woman often suffers more from Lor
nagging than her husband or the chil dren with whom shu finds fault. She knows she does it. She does not Intend to do it. She sutlers in her own . - 1 1. 1 !1 X 1
seir respect wnen sue noes u, ana iu , the depth of her soul longs for something to sto: it. Th; condition is usual- j lv brought on by broken sleep. Ita- j
that Is too warm and to remain in it
too long. That is the more general mistake. .. 1 wv . - - -
Delicate Operation. "Yans," tu'denly declared Cholly Braneless, "I'm going to work. I've made up my mind." "You have?" exclaimed Miss Peppery. "My! What a delicate operation!" Catholic Standard and Times.
Bringing It Ilotae. ner Father What are you and young Shortleigh going to live on in case you marry? His Daughter Well, if you must know, nana, look in the mirror.
Subscribe for the Lake County Tines.
proiHT food, want of some other exer- j r?n "inm my
else than hoiu ekeeping and not enough ; of out of door air and practical objective thinking. It is often the most unselfish and ! most affectionate of women who fall , into thistate. They nra too much do- i
voted to thix!r families to give themselves enough of any healthy exercise and diversion, enough of naps prcbaps or concerts.
Ina-eroIi ob Napoleon, A little while ago I stood by the graT of the great Napoleon ft masiuent tomb of gilt and gold. I tav tim take an empire by the force of his genius. I saw him upon the frightful field of tVaterloo, when chance and fate coinLined to wreck the fortunes of tho farmer king, and I saw him at St, Helena with his hands crossed behind him gazing out at the sad and solemn sea. I thought of the orphans and widows be had made, of the tears that had Iwn shed for his glory, and of the only woman who had eer loved him pushed from his heart by the cruel hand of ambition, and I said I would rather have been a French peasant and worn wooden shoes. I would rather have Iven that poor peasant with my loving wife by my side, knitting as tha day died out In the ski. with my chil-
knees and their arms
about me. I would rather have been that man and gone down to the tongueless silence of the dreamless dust than to have been that impartial impersonation of force and murder known ns Napoleon the Great Womau'a Home Companion.
Times' Want Ads. Bring Results
Pan-Americans for Arbitration. Itio de Janeiro, Aug. 7. At the session of .the international American conference an arbitration project was signed unanimously. It ratifies tho adhesion of the conference to the principle of arbitration and recommend that the Pan-American delegates to The Hague be instructed to support a unrersal arbitration agreement.
A Golden Opportunity j '
Death of a War Veter.in. Washington. Aug. 7. Captain A. P. Drum, for the past fourteen years superintendent of the Arlington National cemetery, is dead after an illness of several months. He was 04 years old. He served throughout the civil war.
Considerate Train Kobbers. Minsk, Aug. 7. The mail train on the Libau railroad was held up. A band of robbers armed with rifles ransacked the mail car, and took from each passenger half of the cash in his pockets. CONSCIENTIOUS ROGUES.
KNOWN AS A "FAMILY" BANK
One Family Ilan the Whole ThingMillion in Cash. The Institution was known as a
"family" bank. The Stensland family, for years well-known residents of the northwest side, owned much of the stock, and members of the family operated the bank. It was organized in 181)1 and succeeded the banking firm of Paul O. Stensland & Co. It was launched with a paid up capital of $250,000. A statement made by Vice fa-osident Stensland showed $1,031,XH) in cash on hand due from other banks. He said that the tank carried deposits of $4,200,000, and had 22,000 depositors. Stensland was trusted implicitly by the people who placed their savings in his care, and he had an equally enviable reputation for integrity among the bankers downtown. It is evident, however, that the published statements of the bank did not show its true condition. No downtown bank is involved with it in any way and there is no chance of a loss by them. President Stensland is the owner of the largest amount of stock, being credited with 040 shares, or nearly 40 ier cent, of the total. For nearly thirty years
President Stensland has been prominent in Chicago business life. C. C. Jones, state banlt examiner, who is investigating the affairs of the Institution, said: "It will take at least a week before I will bo in a position ot make a reliable statement of the affairs of the bank. When the examination of the books Is completed I think it will be found that Cashier Ilering is not entirely to blame for the closing of the doors. While there have been reports that Ilering has been using the funds of the bank for his own personal benefit I am not prepared at the present time to state that such is
the fact. On the j hand, however, I believe I have fend enough to justify me in making the statement that
1 there has been some jugglinc of the
1 1 bank's funds and tint Cashier Ilering
is not the only one that is involved."
The Big and Formidable Sinners AtGray of Soul, Not Black. No paradox is it, but a demonstrable fact, that in a highly articulate society tho gravest harms are Inflicted not by the worst men, but by those with virtues enough to boost them into some coign of vantage. The boss who sells out the town and delivers the poor over to filth, disease and the powers that prey owes his chance to his engaging good fellowship and big heartedness. Some of the most, dazzling careers of fraud have behind them long and reassuring records of probity, which have served to bait the trap of villainy. Not that these decoy virtues are counterfeit. They are, in fact, so genuine that often the stalwart sinner perseveres in the virtue that has lifted him into the high places he abuses. The legislator conscientiously returns the boodl when he finds he cannot "deliver the goods." The boss stands by his friends to his own hurt The lobbying lawyer is faithful to his client. The corrupting corporation president is loyal to his stockholders. The bought-
en editor never quue overcomes his craft Instinct to print "all the raws there is." In a word, the big and formidable sinners are gray of soul, but not black, so that chastisement according to their character rather than according to their deeds lets them off far too easily. E. A. Ross in Atlantic.
FIRE THE BEST FILTER.
C) o C) o o a o o
f 0kJl j SJ
CI try f jt ffm jm , f 4 W.. w Ji J .j Li wi C i-J
W PHONE LDy ASSISTANT O First class livery In Private ambulance ( ) connection. Night calla Office open night
omptly attended. and day
o
, NICHOLAS EMMERLING ' . 5uccer t Krt 4k EsanwUsz UNDERTAKER AND FUNERAL DIRECTOR PRACTICAL EMBALMER. 211 Sibley Street, Hammond, Ind.
O Q O a B O
o
Iowa Democracy Gathers. Waterloo, la., Aug. 7. The conservative element of the Democratic party, which in the past has opposed Pryan. is In control of the Iowa Democratic convention today and will father a movement to assure the nomination of Bryan as a conservative. The state ticket and platform will be conservative, save for an unusually strong expression on the tariff.
Boillns Water the Surest War to Get Pare Water. "All this talk about the need of filters, about people dying for lack of filtered water, amuses me," said a chemist. "For filtered water isn't necessarily pure water. Boiled water is a hundred times better. "A filter, you see, does not free water from things dissolved in it, but only from things floating in it. For Instance, if you mix a quart of whisky in a gallon of water and then filter the mixture it will come out colorless, the floating color particles having been left behind, but this colorless fluid will be quite as capable of intoxicating you now as it was before, for none of its dissolved alcohol will have disappeared. "So with water that is polluted with sewage. All the undissolved portions of the sewage are removed by filtration and the water is left clear, tasteless and colorless, but the dissolved sewage
! is still present and in it may lurk bil
lions of typhoid germs. "Let those who complain about the lack of filters just turn in and boil their water. A cent's worth of fire will purify a gallon of water better than a $10,000,000 plant could do it." St, Louis Globe-Democrat
Death of a Veteran Enquirer Man. Cincinnati. Aug. 7. Major Joseph J. jlcDoweil. who had for thirty-sixyears the personal representative of John R. McLean a business manager of the Cincinnati Enquirer, is dead from heart disease following a long illness. He was born ia Uilsboro, 6., ana was 73 rears .old.
The Only "Way. A person of little tact once remarked to the octogenarian Auber, "What a sad thing it is, this old business!" "Yes," agreed the old musician, "it is sad; "but," he added, with witty philosophy, "up to the present time no surer way has been discovered to live a long time."
A Canttons Damsel. "Dearest, with you by- my side, I would willingly give up all I possess wealth, position, parents everything." "I know, George, but in that caso what would there be left for me." Milwaukee Sentinel.
A chance for everyone to own a Home
Tie Hammond Realty Company will help you
WE are putting on the market seventy-five choice resident lots in East Lawn and McHie's Subdivision and will sell you your choice of any of these lots (now unsold) at the unusually moderate price of 200 each, and what is more, we will loan to every person paying cash for his lot 75 per cent of the money required to build his home, at 6 per cent interest. All will be treated alike. First come first served. Do not neglect this opportunity. It may never be offered again.
k. For information and particulars call at our office .
HAfiriOND REALTY COflPANY Hammond Building or our Agents
GOSTLIN, nEYN & COMPANY 92 State Street
Men's and Boys' Suits, Trousers,
Underwear, Negligee Shirts, Shoes
Etci
Gostlin
V
' ' . f t s ; ! 'I
" Real Estate in all Its Branches."
Now is the time to buy yourself a home. We have houses and Iota to suit the taste and purse of anyone. Come now before the prices begla to climb. They are low now, but are bound to go up. We have a few bargains left but they will soon be gone. Don't delay.
Wq List here a fevir of our Bargains
New 7 room house with bath; brick foundation, pavement and brici Eewer paid for. 50x150 ft. lot. Calumet ave., $2,500. 25 foot let on State street across from Carter's livery barn, at a ftrj reasonable figure, $2,300. 9 room house 50 foot lot, Hurray street, $1,400. 4 room cottage, 50 foot lot, paved street, E. Sibley street, $1,100. 6 room cottage- brick foundation, Z7y2 foot lot, LaSalle street, $1,000. 42 foot lot on State and State Line streets at a bargain. Fine two fiat building, 50 foot lot on Ogden street, $3,600. Michigan avenue 8 rooms, $2,100. 5 room cottage, Chicago avenue, $1,000, easy payments. 9 room house, 50 foot lot, Sheffield avenue $2,500. 8 room house, 50 foot lot, Sheffield avenue, $2,000. 4 room cottage, Oak street, north cf Hoffman, 25 foot lot on easy pay ments, $750. 5 room cottages on Erunswick street for sale on monthly payment plan. " 4 For Sale Five room cottages with pantry and bath on Murray street, for sale on easy payments. We are building 6 modern brick houses which will be sold en payment plan in Oak Eidge addition on State, Flummer and Sibley streets. We have also for sale a fine business corner on West State street at a bargain. - - The above are but a few of the bargains we oSer...If you wish to look into anything in the real estateline cot listed above, call oa us or write us. We can suit youGostlln, Meyn & Co., "Seal Estate in all itsSrasc'its