Hammond Times, Volume 1, Number 83, Hammond, Lake County, 25 September 1906 — Page 5

THE LAKE COUNTY TIMES PAGE FIVE

TUESDAY, SEPT. 25, 1906.

a i i M ? i -J V.

FIRST NATIONAL BANK INCREASES DIVIDEND.

Stockholders Will Itrerive 5 per cent Instead of 4 per cent Seml-annoally Prraent Quarter to be Enlarged.

In a letter to the ntot-kboldera of the Flrnt National bank which wai I anted today there are everal itrma of financial atni of considerable Interest to the coiiimuslt y. One of the moat Important of the announcement that are made In thla letter la that the st-mi-annual dividend la to be Increased from 4 per cent to 5 per cent. There could be no better evidence of the prosperity nnd stability of thla institution; and the depositors as well as the stot-lt-Iibldrra are to be congratulated. For some time Hammond baa been recognized as the financial center of the whole f'alumet region and It la fitting that its banks sbonld be housed In quarters that will be a credit to the city. When the First National bank purchased its present fixtures they were known to be more elaborate than any that bad even been seen in the city, but the officials of thla Krowlojc institution have already found their quarters too small and have now made arrangements to occupy In addition to their present quarters those which will soon be vacated by the postoflice. The two rooms will be remodeled and refurnished and made Into one of the most up to date banking rooms In the northern portion of the state. These progressive institutions add greatly to the prestige of Hammond as a business and finauclnl center, and the otiicials of the Flrnt National bank are to be congratulated on the rapid proKresa they are unking-. Hammond, I nil., Sept. 25. To the Stockholder of the First National Hank, Hammond, Ind. The occasion of the fifth anniversary of the this bank under the present management, the Increase of our half-yearly' dividend from 4 per cent to 5 per cent and the adoption of plans by the board of directors to enlarge our hanking rooms by adding to our present quarters the space now used by the postotlice, we deem matters of sufficient Importance to warrant us in making to you the brief report herewith of the condition of the bank and the grntlf.vlng progress made drrlng the aforesaid five years. HANK'S GKOWTII. In September, l!M)t, the present management assumed control of the bank at which time the capital stock was $50,HM with about 30,(HH surplus and undivided profits. Since then the capital slock has been Increased to $100,000 with a surplus and undivided profit of about H,000 after payment of the semi-annual dividend of 5 per cent which will, by order of the directors, be remitted to you on Oct. 1, our regular dividend date. Said lacrease in value being derived out of the profits during said period the liability of the stockholders to depositors of the bank thereby Increased from fl.'tO.OOO to $23S,000. The clearings have Increased from about 9250,000 per week to about $ 1,000,000 per week; this unusual growth has been gradual and only in keepiug with the development of the city of Hammond. We are led to belle e, that rapid as lias been the increase of the bank's business, Its growth in confidence nnd good will of this favored community has been equally as great. We feel warranted In making this statement from the fact that such an increasing : volume of business intrusted in our care is the best evidence that our depositors are satisfied with the manner In which they have been served and that they are gratified with our success. ichi:asi: in dividends. We would not feel justified in Increasing the half-yearly dividends from 4 per cent to 5 per cent at this time were we not able to pass

to the surplus a substantial sum, and In excess of the amount so passed at the close of any previous half year. THI-j HANK'S NHW HOME. .About four years since the present attractive aud convenient home was procured for the bank for a period of ten years. The increase of our clerical force and the increase of our depositors have already made our quarters too small and wholly Inadequate to meet the growing demands made upon us. Certain of the stockholders of the bank having purchased the valuable corner of Hohmun and Sibley, which we believe to be the best location lit the city, a Vavorable ten years' lease has been entered j Into with them for the space, 70 by 25, now occupied by the postoftice which space will be added to the room now occupied by the bauk, making a room 50 by 70, which we expect to have remodeled and made Into one of the most convenient aud sightly banking rooms anywhere to be een in a city of our size. Ample room will be provided for our increased working force which will Include a well equipped savings department.. . Not forgetting the convenience of our customers, attractive rooms will be provided for those wishing to transact private business both for ladies and men. In short we expect to make our new home oae of which every lover of Hammond will be proud. ' INSTITUTION'S STAHII.ITY. Last, but of paramount Im porta nee,' w e-' wish to Inform you that the bank was never in so sound a condition. The value of a bank to its depositors cannot be judged by the amount of Its deposits, but rather by the character of Its securities. This bank bus no pets or silent partners who are given more credit ' than they are entitled to. No large loans are made to any one individual or corporation. We have among our assets government, municipal and other high class bonds, a large amount of demand paper and well secured short time paper. In short, we believe we have no securities in our files that are not worth their face. DIIUIITOKS AND STOCK HOLDERS. The directors, while uot millionaire, are men of means; all of them hate records for business integrity and competency in Lnke county covering ii period of twenty-tit e years or more, aud the same is substantially true of the stockholders; ninety-five per cent of the stock being held by residents of Hammond. I nder the above condition with your co-operation anil with the cooperation of our friends, we feci justified in predicting as bright a future for the next five j ears as lias been enjoyed during the past period. This prediction Is reinforced by the firm belief In the future greatness of our favored city of Hammond. It Is our aim to keep pace with the city's growth and to keep faith with our patroas to the end that we may serve them lu such a manner that they and you may be mutual beneclarles. Respectfully submitted, A. M. TIHNEH. President W. C. I1EI.MAN, Cashier,

lilllG OF THE L

Report on the Provision of thi Railway Rate Act as to Passes.

SOME OF THOSE WHO MUST PAY

FASHION FORECAST.

MODES THAT WILL BE SMART iN THE FALL.

Interpretation of Interest to Xevvepa pers as to Advertising People Who Are Favored in Kates.

Cliicapo, Ppt. 2o. J. C. Stubbs, chairman of the executive officers' committtee appointed about two months agr by all the railroads west of Chicago to study the doubtful points irj the new rate law, ami to secure the advice of counsel regarding them, has completed the preparation of the committee's report on passenger matters and it will be formally submitted at a meeting of the Transcontinental Passenger association tomorrow. The report, which takes the form of answers

to thirty questions propounded by th various rail companies, deals with almost every phase of passengtT transportation under the law, and especially with the questions which have been raised relative to granting reduced

rates and free transportation.

Hits the Homeseeker a Whack. The interpretation of the most import

ant parts of the new law follows: Free

transportation cannot be given to land or immigration ajents unless they are

employes in such sense that the carriers legally could give them transportation as a pass or gratuity. There is no authority in law for making lower rates to land seekers and settlers than for other travelers. This interpretation seems to alKlish the homeseekers' excursion which all western lines have been runninng for years. Passes and Advertising.

The committee advises that transportation cannot bo issued in payment for advertising'. It is generally accept- j ed, however, that carriers may carry i an open account with publishers and-j

that publishers may carry an open account with carriers for advertising, and that these accounts can be balanced periodically. The balance, what

ever it may be. must be paid in cash. . The transaction must be devoid of prevlous agreement that the services done by either party for the othor Is to be

paid for In any other way than by cash.

A RevlTal of Second Empire Styles With Fall Skirts Galore A New Fabric Scheme Little Tailored Taffeta Coats. Fropbecies are rife concerning dresa modes and fancies for early fall wear. It is claimed that there is to be a direct departure from empire and princess models in favor of second empire styles. These gowns with their full skirts shirred high into the waistband and adorned with frills and furbelows galore will be a strange revival. But this rumor need not worry us much, for the change if change there be, will not be so radical that the in-

FOR SALE A two-story house, barn and 8 lots at a sacrifice. $2,000.00 buys all. APPLY TO SAMUEL A. ROSENBERG 1506 Tribune Building, Tel. Central 2056. CHICAGO.

-fl L ml

Eyes Tested Free Glasses $1.00 Up. Correct in style to suit your features. Repairing done afternoon and evening-. C. Breman, 0. G. Optician ISS South Hohman St. Up Stairs.

Fred Dumke Shoes Repaired 221 Mich. Avenue. Opposite

Avenue. Library.

My latest and most improved machinery, coupled with 35 years practical experience, enables me to make your old shoes look like new.

FINDS SOMK KATOKKD SOULS'

and

Participation In Political Affairs Is Beneficial

To the Citizen

By TIMOTHY L. WOODRUFF. Ex-Lieutcnant Governor of New York

0ULD T advLso a young man to identify himself with a

political party if he did not expect to follow politics AS A

PROFESSION ? Political bossism is cood or had in just

about the ratio that good men or bad men identify themselves with party management. Bosses or leaders, or whatever you choose to call them, cannot control parties "WITHOUT THE CONSENT OF THE CONTROLLED, any more than in governmental affairs men can govern without the consent of the governed. Therefore every party should welcome into its ranks good men and do every

thing to encourage them to take an active part in party management. Nor are tho benefits confined to the PARTY. Participation in political and public affairs everywhere in the world, but especially in. this free republic, broadens a man intellectually AND MORALLY, and, above all, it is a citizen's duty to his country, his state and his city. Participation of the right sort in politics invariably creates an incentive

which arouses a man to greater industry, so that he becomes A GOOD EXAMPLE TO OTHERS; to an energy that .leads him to let none of the opportunities of life pass by him without an effort to improve them and to such perseverance that he is not likely to falter in his efforts even when he fails in SOME of his undertakings. You must be on your guard every minute, realizing that in this strenuous, money making, money grabbing, ultra commercial ago the temptations are great, the pace is fast, the prize is larger AXD PROPORTIONATELY MORE COVETED, and that the whole tendencv jn ie professions and in all commercial and financial pursuits is too much toward the acquisition of wealth or power or both. INSTEAD IT SHOULD BE TOWARD THE ATTAINMENT OF A SUDSTANTIAL, PERMANENT POSITION AND AN UNSULLIED REPUTATION. .

- I ; . s .- v Y

National and Stat Troops. Nuns

Salvationi$ts-)n the List. j Special reduced rates may bo made for federal and state troops and officers and employes of the United State gologieal survey and reclamation serr-! Ice ia the future as in the past. The words of the law excepting "inmates of hospitals and charitable and eleemosynary institutions, and persons enorajred in charitable aud missionary work" from the free pass prohibition are held not to apply to doctors, nurses .md other employes. Minis, Sisters of Charity, missionaries, evangelists, national or state officers of religious organizations, teachers and pupils in Indian schools, officers of the Salvation Army and Volunteers of America, it is held, may be sriven free transportation. Special rates for theatrical companies, base ball clubs, etc., are. held to be discriminatory. "They should be taken care of under the party rate rules," the report says. Special rates for army and navy officers and their families, which always have been made In the past, are held unlawful for the same reason. Hejrarding the interchange of transportation by common carriers for the use of officers and employes and their families the commdttee decides that such interchange may be made with sleeping car, express and steamship comianIes, but not with telegraph and telephone companies. It is held that free transportation may not be Issued to members of railroad employes' unions who are not in the employ of a railroad company. Family That Hun to Daughters. Flushinc:. L. I.. Sept. 25. Young Richmond Skidmore Corwin. who has just entered this world in that sec

tion known as Riverhead. L. I., 19 a remarkable individual in more ways than one. Neglecting for the moment the fact that his father and mother. Mr. and Mrs. Ambrose D. Corwin, of Brooklyn, exercising: tho just prerogative of parents, regard their first born in a class of his own, the infant has the distinction of having two grandmothers and

two great frandmothers living, and of beig the only son to be bor In his I mother's family for three generations, j

BMABT LACE COAT. telligently purchased spring wardrobe will be de mode In the autumn. A

pleasing color scheme, however, that is promised much favor In the fall Is the use of two fabrics In a costume of the same shade, but of different textures for Instance, a frock of some dull finished material trimmed with lustrous effects, possibly ribbon. The color tone In a combination of this kind Is very chic and smart. Little taffeta coats built on empire, pony and Eton lines and tailored as trimly as a cloth coat will be the modish separate wrap in the fall, as they have been all summer. When made of black taffeta they can be worn with any colored skirt And they are particularly nice with the fashionable plaid mixtures. The dressier of these silk coats are extremely fetching carried out in shirred effects with an inner covering. One would hardly call It a lining of delicate mull embroideries or all over laces designed to protect the dainty lingerie blouses underneath. Tiny round pockets of embroidery placed upon the inside of the coat hold the wearer's favorite perfume, hidden within a silken sachet. Smart belts gives a touch to a costume that nothing else does by way of trimming, and the latest band to encircle the hourglass waist of the moment is of softest glove kid. It fastens In the back with a monogram buckle, the initials interwoven and set lu a circle much as one's monogram appears on stationery. Fashions this season concern far more than the hat, the gown and wrap. Never before has the matter of modes taken such hold of each and every garment of the feminine wardrobeshaping and fashioning it, if possible, more carefully than the outer garment. Great progress has been made in the fashioning of underwear. Two and three pieces are now skillfully combined into a one piece garment, every scrap of superfluous material being eliminated. Consequently our waists

oncy to Loan

oa by

In any amount on short notice, real estate or personal property.

Stinson Bros. Attorneys at Law,

Stenographer and notary in office. All Inanities strictl? confidential. Snlte

105, First National Bank Building,

Hammond Ind.

Fine Residence .and Brick

Flat Building a specialty. Estimates on short notice. Plans free.

J. H. Kolling.

BEST IN TOWN ffi

Whan Vu Are Hunt

RbMEMtfiR

MAINE RBSTA GRANT AND LUNCH ROOM

Look dui for ss Stars S3

ilow

The man at the top and the man below all sorts of people look out for "Star" when they want a good chew.

BX XuJ mI LmJ

PLUG CHEWING TOBACCO "Star" quality has never been equaled "Star" value is beyond competition "Star" sales are greater than the total sales of any five other kinds. The best is always the cheapest "Star" is far mere economical than other chews because it's so

good so rich and waxy, so sweet and substantial so wholesome and juicy -so elastic and lasting. Be sure and get "Star" accept no substitute.

130,000,000 IOc. pieces sold annually

In All Stores

Ve have no apologies

to offer; no excuses to make.

1 i

Meals Mt A2: Hours

For Ladles and Gentlemen

BEREOLOS BROS..

ii 122 8. Hohman Street tfj

1 BnEmHnmHsvmiMaaMMMMMraiMHI 1 Openingof School ,M2 1 1 hi ?pf

w w

E made the first real practical visible writing machines ever placed on the market, and we are making them yet E made them good to start with we are making them better than ever today.

TODAY we know how to and do make better front stroke wbolly visible writing machines than any competitors can ever hope to equal. IT takes time to prove quality; weVe proved it.

Mother's Desperate Ueetl. Kansas City, Sept 25. Mrs. Joy Barnes, aged -43. the wife of an employe of the enr shops of Kansas City Southern, and her 6-year-oVi on Frank were found unconscious in their hon.e uere. The room was filled with pas from &n open jet and it developed that the woman had attempted to kill both herself and her son. The woman was resusitnted and will recover. The bov died.

British Marksmen Here. New Yorok, Sept. 25. Anion? the passengers who arrived on the steamer Minnetonka from London was the rifle team of the Queen's Westminster vol-

LACE BLOUSE. are no longer wound as many times as the coils of a dynamo with bands of cotton wrappings, but are ronnd and trim, with never more than ono muslin thickness over the corset. Even petticoats are often of the knitted variety, with flounces of embroidered lawn that button on to the knee length knit top. Altogether the improvements in sartorial things keep pace with, other wonderful discoveries. The costume illustrated has a dainty coat carried out in lace and silk, and the waist pictured is a lace affair evolved from all over valenciennes. AM Y VARNUM.

When Boiling: Milk. When yon have to boil milk wet the

unteers. who will compete for a shield ! saucepan first In cold waiter. The mllit oITered by Sir Howard Vicent. will not scorch.

Boys-Are you Ready for

School? How About Clothes?

Brine Your Parents to Our Store

For the Best

Clothes, School Shoes School Blouses, School Gaps, Etc. at tlis Lowest ""Prices.

MflUMQNdr'1''"

INOlAMA.

noeriooo 1 yneivnier

w m 135 Vabasti Avenue, Chicago.

Artistic Commercial PrintingTimes Office

"Real Estate in all its Branches." We List Here a Few of Our Bargains: 25 foot lot on State Street, across Carter's livery barn, at a very rea sosable figure, $2,300. 6 room cottage, brick foundation, 37i2 fect lot, LaSaHe Street, $1,000. Fine two-flat building, 50 foot lot on Ogden Street, $3,600. Michigan Avenue, 8 rooms, $2,100. 9 room house, 50 foot lot, Sheffield Avenue, $2,500. 8 room house, 50 foot lot, Sheffield Avenue, $2,C00. 4 room cottage, Oak Street, north of Hofcan, 25 foot let, on easy pay rnents, $750. 8 room house on Murry Street, $1,300. 4 room house on Indiana Avenue, $300. 75 feet on Cairol Street, all improvements paid, $S0O. New 7 room house on Walter Street, 50 foot finely improved let. Owner leaving city must sell, $1,900. 5 room cottage ca North, South and East Sides for sale on monthly payments. New Modern 7 room house on Oakly Avenue, $2,650. 6 room cottage on Truman, near Oakley, 50 foot lot, $1,500.

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