Richmond Palladium (Daily), Volume 36, Number 41, 20 December 1910 — Page 8

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THE RICHMOND PALLADIUM AND S1XN-TELEGRA3I, TUESDAY, DECE3IHEK SO, 1910.

DR. CHAPMAN DENIES SPECULATIOH RUMOR Declares His Association with Davie, Boy Broker, Was Above Criticism.

Fort Way tie, Ind., Dec. 20. lit an Interview, lr. Wilbur C'napinan, the cvMDKrliht. tlciilcd that he hud ever been hvclvcd In speculallvo operatloiiM wl,h Holtort Davie, the ltoston broker. . I)r. ('Inmun all hiit relation)! with the oiiiik man were merely tlioKe of a nil n later of the koI"'I who was trying to help a young man flat nctMletl help. Davie wax a contributor t'i the evangelistic work, Di. Chapman said, and with one exception lila riiiuiiclai tra intact Ions with the evangcUMt were not peraonal, but in Hid of evaug Uatlc effort. In one Inftaace, Dr. Chapman said, ho had authorized I'ih legitimate purrhaae of lallway Mucks by D.ivle, but bad absolutely forbidden him to uae the money In a margin deal. letters which had been made publie, he ald. were hla ix-raoual coin-iiiiinir-MllotiH to Duvle. The check mentioned In one of them wuh a contribution mude by Davie na the Chapman party whn leaving for Australia. The xprcHKlou "You are a great Joy to me," ir. Chapman aald, waa In re-j i. poii so to Davie's declaration that he was Keeping his pledge to be a better tiui-l Thn nhruun In nnnthor lottor evangelist's use of Davie's expression In his conversation when he had urged Investment In railroad stock. "I do not speculate In any way," si'ld Dr. Chapman, "first, because I do not believe in that sort of business, and second, because I have no money for use In that way." Trice's will have plenty of nice, fresh oysters for the Holidays, standards, selects und counts. 18-5t LIVED A MONTH WITH BROKEN BACK Anderson. Ind.. Doc. 20. till ward

lllser, aged thirty, a farmer. Is dead.iof the bank on record.

after living thirty-one days with a broken back, lllser with two other men. waa cutting timber near Frank- ' ten, when he was caught by a falling ticj. For nearly an hour he was pinned to the groud, bis companions being usable to release him until they could get assistance. While they were seekIn. T aid Hlser tried to end his suffer- . lugs by slashing his throat with a pocket knife, and he begged his companions to kill him with an ax. He was single and lived with his grandmother. Ho wna a brother of Mrs. I..slle WIIl'3, of Lewlsvllle, Ind., and Mrs, Albeit Osborne, of New Castle. Pa. Tho krvest mid most select line of Gent's Furn'shlags can always be found ot tho Model. tues&thurs REAL ESTATE TRANSFERS Kllwood McOuire to Elmer E. Hall. Dee. lfi, 1010. $1,300. Pt. lot 48. Elis. Starr's Add. Richmond. l.ytMa Hudter to Sam'l VV. Hunter. April 6. ltiO". $200. Ixt 3,-J. Moore'B Add.; Richmond. , .Mary A. Wood to John I Rune, Tr., Dee. B. 1910. $1. PL 8. E. . 291M. John 1.. Rupe, Tr.. to Mary A. Wood. Dec. . 1010, $. Ft. 8. E. Sec. 29Hl. Mary .1. Evans to Mary A. Wood, May 1, 1010. $1. Pt. S, W. V4 Sec. ltJM. Mary A. Wood to Thos. F. Kenworthy, Dec. ?. 1910. $1. Pt. S. W. K See. 1 111-1. - ' You want good, pure, wholesome Candies for your Holiday Supplies! You get them at Price's put up In neat and attractive packages. 18-5t

Temporary Meat Quickly Did you ever stop to think of the many ways in which perfect oil heater is of value?. If you want to sleep with your window open in winter, you can get sufficient heat from an oil heater while you undress at night, and then turn it off. Apply a match

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U Invaluable In Its capacity of quickly giving heat. Applv a march and it is immediately at work. It wilt burn tor nine hours mithout refilling. It is safmokeless and odorless. It has a damper top and a cool handle. An indicator always ahowa the amount of oil in the font. It hat an tomatlolocklna flan srprcader which prevents the wick from being turned high enough to smoke, and is easy to remove and drop tick so that the wick can be cleaned In aa Instant. The burner body or gallery cannot become wedged, and can be quickly unscrewed for rewicking. Finished, in Japan or nickel, strong, durable, well. snaic, built for. scrtfee, and yet light aad ornamental.

Drmltrt tm'-ymtttwt. If mot at yaw, vrdv for 4itriptam circular ttlMa mvmI ftmey cftkt Standard Oil Company

Government is Now Planning To Improve Banking Systems

BY SIDNEY ESPEY. Washington, Dec. 20. To help in the administration of the office of the comptroller of currency a number of UKReatlons have been received by Comptroller Lawrence C. Murray from bia agents in the field. Several months ago he assigned various subjects relating to the administration of the ofllce to agents In the Ik-id. Within the pant few days he has received replies from a number of these agent. One, representing the expressing of views of the national bank examiner of the Btate of New Y'ork, writes to the comptroller: "The subject assigned to me for a I aper la certainly an imiortant one rfom any standpoint, and especially to the bank examiner trying to find dangerous practices in a bank. Concealed excessive loans have proven in the paBt a fruitful cause of failure add from the very fact that deception is temporarily or for a longer period, most diligent efferots are required by the examiner to discover them. Sooner or later the management of a bank resorting to this method of loaning customers in excess of the law, will come to grief, for the element of danger Is present both In the loan Itself, and the wrong doing of the officer, who must deceive if he would successfully maintain the practice. I Concealed excesFive loans to bank offi cers are in the same class, for the dej multiplication ot corporations al lied In Interest makes it more difficult for an examiner to discover concealed and excessive loans than heretofore. The excessive loans nre made to two or more corporations, each loan within the limit, but the total in excess. In order to discover excess loans In this class, the examiner should carefully inquire into the formation, of the corporations under suspicion, und if the directors and officers are the same or nearly the same, it is safe to assume that an evasion of the law is attempted; at any rate a diligent Inquiry may disclose a community of interest and should be reported " lne comptroller to pui me omcers "Concealed excessive loans are fre quently discovered by an examination of the Individual ledger, where the deception is sometimes disclosed by credits to the borrower in excess, represented by loans granted to other persons or corporations for the benefit of the borrower. Many banks knowing ths comparatively easy way of discovering the hidden excessive loan do not credit the account In the Individual ledger, but give a draft to the borrower in excess. Often 'an examination of the cancelled draft will disclose the hidden violation of the law. "All loans to a wife or relative of a director, or to others where a concealed excessive loan is suspected, should be closely examined, and if necessary, the officers should be put on oath as to whether it an excessive loan. A loan to two persons, which would be to one person excessive. Be'cured by collateral In the name of the principal borrower, especially If the other Is not financially strong enough to warrant his loan. Is often an excessive loan. Under a ruling of the comptroller's office, business paper renewed for the indorser should be added to this direct loan, and when the sum total exceeds the limit. Is classed as an excessive loan. These loans are always dangerous and should be reduced. "Many bankers high up In the financial world, with the best reputation for truth and honesty, will not hesitate to carry concealed excessive loans on the ground that it is not. their business to know what tho borrower whom they always believed is personally responsible does with the money. If the banker is reasonably certain that the sum conceals an ex cessive loan It is his business to know it. and his duty to report it to the department, and to tell the truth about It when the examiner charges him with concealing the loan. It is safe to assume, for the purpose of having the matter looked Into, that whenever the mauaglng officer of a bank makes

in the morning, when you get out of bed, and you have heat while you drtss. Those who have to eat an early breakfast before the stove is radiating heat can get immediate warmth from an oil heater, and then turn it off. The girl who practices on the piano In a cold room in the morning can have warmth from an oil heater whiie she plays, and then turn it off. The member of the family who has to walk the floor on a cold winter's night with a restless baby can get temporary heat with an oil heater, and then turn It off. The

)jSKFIECTII(n)TVI Absolutely mokeless and odorless

such a weak defense, the loan is excessive. "Where the examiner believes the loan may be excessive he should not the date and maturity of all notes under suspicion on his card, and, if at the next examination there is no changes or reduction it is safe to infer that the law is violated. "A discussion of supposed excessive loans, and supposed concealed loans to officers and directors with directors themselves during the examination Is always helpful, and has the additional merit of putting them on record regarding statements of loans. An examiner may occasionally err in reporting an excessive loan, and a concealed loan to an officer or director, but in the main with the knowledge be possesses of the people and corporations doing business with the banks under his charge, and the circumstances attending special cases under investigation, he is usually correct in his classification of these loans. Another examiner who has a specialty of individual deposits and bow best to verify them from any data in the banks, writes Mr. Murray of his experience as follows: "On a commercial ledger I have lound it a good plan after taking a trial balance to take a number of accounts indiscriminately through the books, add up the total debits and total credits since the previous balance and with the total balance thus obtained ( prove the balance which has been carried out from day to day. This will show the true balance, as the balances carried out from day to day might have been increased by adding one thousand or ten thousand, or whatever the case might be.

method of proving these j accounts from data in the banks Is to take a number of accounts, list the ! checks and deposits, which should I be filed separately, add the last balance, and in this way prove the postings. "In a number of banks in my district statements are sent to all active accounts at the end of every month. Where this is done, I have found it an excellent idea to take these statements which are always made by some person other than the bookkeeper and verify a number of accounts. This also proves the correctness of each entry. "In proving balances on ledgers, I found it a good way to take a date, say ten. or twenty days before the examination, add the balance on that date, and then take the total deposits and checks of each day from the cash book and figure the balances up to the date of the examination. This will prove that the daily debits and credits have been properly entered on the individual ledger. It is also well to verify this ledger in the same way as the commercial ledger, by either checking back a number of the state-H ments If statements are rendered monthly, or listing tlie checks and deposit tickets of a number of accounts, and verifying the balances on date of examination." Comptroller Murray has recently instituted a system calling for a detailed statement of the workings of every examiner in the United States. His purpose is to keep tab on work being done in the field so that he will be fully informed of what his subordinates are doing. The results of the system are received daily at the treasury department in the shape of reports on various financial institutions. It has been estimated by Mr. Murray that the number of failures in national banks will be considerably less through the inauguration of this system. PACKY M'FAUD AFTER THE TITLE Chicago Stockyards Lad Is Going to Clean Up the Lightweight Field. New York, Dec. 20. Packy McFarland, the Chicago stockyards lad, is going to clean up the lightweight field in the east within thirty days, according to the program which was announced today.1 McFarland, who came here to arrange a series of bouts with the best lightweight talent has returned to Chicago for the holidays but he will come back early in January. On the way east be will fight at Pittsburg and on January 4 be will meet Jack Goodman in this city. Next he will clash with Tommy Murphy. In the meanwhile the matchmakers are attempting to bring about a new agreement between McFarland and Abe Attell and in this they will likely be successful. McFarland is also trying to arrange a bout with Pal Moore of Philadelphia to be held next month. Manhattan Shirtsthe Model. -the best made at tues&thurs SPLINTERED HIS LEG; LOST NO WORK Shelbyvllle, Ind., Dec. 20. Notwithstanding the fact that Louis Stillwell. employed at a furniture factory, fell while on bis way home for. dinner, breaking bis right leg, be was at work again at 2 o'clock in the afternoon. Stillwell wears a wooden leg from his right knee down, and it was the wood that gave way. After dinner he mended the injured leg and was back two hours from the time he left the factory. Described. "Pa, what is meant by a dealer in futures? A fortune teller, my son. Washington Herald.

CHICAGO

CHICAGO GRAIN AND PROVISIONS (Furnished by Correll and Thompson.

Odd Fellows' Hall. Phone i44C.) Chicago, Dee. 20. Wheat Open Hi?; Low i'los Dec .... 91 964 91. 91 , May 95 U 96 4 95 90 July 93 93T 93 934 Com Open High Ls Close Dec .... 454 43", 45i 4514 May 47 47 47 47 July .... 4S 4S 4S Oats Open l'.ga Lew Clo Dec- 31' 31 , 31 i May 33 34 33 34 July 33" 31 33 33"-i

PITTSBURG LIVESTOCK Pittsburg, Dec. 20. Cattle Supply light; choice $6.60; prime $6.35; butchers $6.00. Sheep-7-Light; prime $4.10. Hogs Receipts 15 loads; prime heavy $8.00; yorkers $7.45&8.00; pigs $8.15. Lambs $6.40. Veals $9.00SilO.O INDIANAPOLIS LIVE STOCK Indianapolis. Dec. 20. Hogs Receipts 8,500; top $7. S3. Cattle Receipts 1.00O; best $5.90. Sheep Receipts S00; unchanged. Lambs $6.00. E. BUFFALO LIVESTOCK East Buffalo, Dec. 20. Cattle Receipts 250 head; prime steers $6.50; butchers $4.25. Un nspsinto 91- hovls. 18 in. yors" pigs $8.2 ' I Sheep Receipts 6.000; prime $4.10. Calves Receipts 200; choice $10.25. Lambs $6.36. CINCINNATI LIVESTOCK Cincinnati, Dec. 20. Cattle Receipts 200;. top $6.20. Hogs Receipts 4,300; top $7.85. Sheep Receipts 100; steady. TOLEDO GRAIN Toledo, Dec. 20. Wheat sjfjvjc Corn 472c Oats 35C Clover seed $9.15 INDIANAPjOLIS GRAIN Indianapolis, Dec. 20. Wheat 03C Oats '. 34VC Rye 75c Clover seed . .$S Uu Different Sort Next Time. "Jorues must feel terrible over th loss of his wife. She was literary wasn't she'" "Yes. He was all broken up at first but now he's cheerful again. It's given him a chance to try a wife who can cook." Detroit Free Press. RED CROSS SEALS Red Cross seals are now on sale, a large number have been sent to Richmond to be disposed of. The Palladium has these seals on sale. Call for them at the business office. Each penny spent for a Red Cross seal goes into the war fund for the campaign against the great white plague. GEWWE.TT THURSDAY! POLLY of.. CIRCUS A real Circus on tbe Stage. 25. 50, 75. S1.0O. S1.50. Whatever Kind Of Work Yon Do ith imperfect eyes, our glasses Mill ."ielp you do it better. E. D. Grosvenor, II. D. OCULIST Over 713 Main J

PS A t

Market

NEW YORK STOCK

(Furnished by CorreU and Thompson, Odd Fellow's Hall. Phona 1446.) New York Dec. 20. Oper. High Iw Close Copper t'li, 4s 044 - Smelter 73 74 Vs 74 U. s ,. 73 73 Vi 72!h 734 U. S. Pfd !l?s 116? Pennsylvania 1-,3-h 123 St Paul 123 U 123 Ui 123 U. & 0 NHi&i New York Central H3'4 H3i 112 112 Reading n I -.'" 151 U0V 130 Canadian Pacific 11 l'-3 194V4 194V4 Great Northe rn 124 V 121 123H 123 ',4 Union Pacific 171 171 170 171 Northern Pacific UC 116 116 11C4 Atchison M 101 101 IOIVj L. H X ,.. .. m 144'a Southern Pacific , ll.V'b 110 115 110

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Femals Diseases. Ioss of Vitality from Indiscretions. Plies, Fistti

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ure and t lrerations or me itectum. without detention iroffl niuiuwk RE POSITIVELY CURED AND GUARANTEED.

Hurry! Hurry!

HI I 1 . .'J

Xmas Shoppers? Do your shopping early these last few days of the shopping season, then Xmas. Read the list carefully MEN'S CHRISTMAS NECKWEAR Ali the ntwfcht shafts and patterns, put up in fancy Christmas Roxfcs. You couH not present a gift more acceptable to ;i man. lie can alwnys find room for one mote tie. Hundreiiii ot .styles to telect from and at pricts of 25c, 50c, and $1 ROVS' CLOTHING FOR XMAS In our 1 Joys' dciai tment you will find a very swell line of little Gents' Suits. Overcoats and other appropriate gift articles. Suits filing im to $7. HO. Overcoats from $2.50 to $7.50. Come here for a Hoy's gift. UMBRELLAS, 50c TO $4.00 They come in all the litest and newest designed handles a rate and us lui gift to any man. Our Christmas line is most complete. See display. . SUSPENDERS, 25c, 50c AND UP These are ltady for your purchase are placed in neat Christmas Ioxes the prettiest line you ever saw, and at oopular prices. . ' MEN'S HOSE, 15c A PAIR TO 50c A gift that cannot come amiss they are done up In neat Xmas Boxes. See our Insurance hose at $1.50; six pairs to i box. GLOVES FROM 50c UP All ready for the Christmas trade. Some are done up in neat boxes, ready to present. See our line before you buy. SWEATERS AND SWEATER COATS $1.00TOS5.00 The greatest variety in Eastern Indiana; all sizes, all colors, a very desirable gift to any man or young man; all sizes. MEN'S SHIRTS, 50c TO $1.50 We have certainly prepared for the Christmas shopper In the way of Men's Shirts. We have all the newest and most correct styles and patterns. We are showing the plain or plaited bosom and the conventional negligee a most satisfactory gift to a man or young man.

n K One Price &: - Clothiers K - Furnishers

a XMAS c

tJoIeproofftosierij

FOP HEN. WOMEN The Model SOLE

Report

QUOTATIONS

DR. J. A. WALLS SPECIALIST

21 OCTH TEXTH ST, HK HMOXD, IXO. OFFICE DAIS MOMIAV, TIESOAV, FRIDAY AND SATIUOAY OK liACH WEEK. "cnsultatfon and one month's Treatment Free. THKITS DISEASES OF THE THROAT, LITNOS, KII'NKYS. LIVKH and W.APDEK. RHEUMATISM, DYSPEPSIA ind DISEASES OF THE BWKD. Epl-lf-psv (or falllnsr fits). Cancer. Private and Nervous

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Krone & Kennedy 803 Main St. AMD CHILDREN Clothing Co AGENTS

We Can Save You Money On HOLIDAY GIFTS Buy your Gifts as well as your Drugs from a store that can save you money on anything and everything found in a first class drug store.. Our stock in all these lines having been bought for the two stores and in such large quantities, allows us to self at a lower price than other stores. Look' over this list; it will convince you that this is the place to buy. Toilet Sets 1.r0 to 910.00 Shaving Brushes, 10c to 75a Shaving Outfits .; $1.00 Shaving Mugs ....10c to 75a Safety Razors, $1.00 to $5.00 Safety Razor Blade Strop pers .......$1.00 to $3.50 Fine Stationery in Fancy, Boxes .250 to $1.00 Infant Toilet Sets, 50c to $1.50 Gilt Edge Congress Play. ing Cards ...... .60s Tourist Toilet Cases, at $2.50 to $10.00 Collar and Cuff Boxes, at $1.00 to $2.50 Manicure Sets . $1.00 to $5.00 Military Sets.. $1.00 to $5.00 Colgate's, and Wright and Palmer standard perfumes in glass stoppered bottles, 25c to $2.50 Colgate's, Palmer and Hudnut's Toilet Waters', at 25c to $1.00 Xmas Post Cards, Booklets, etc from 1c to $1.00 Morse's, Lowney's and Ranter's Fine Candies in V2 lb. 1 lb., 2 lb., and 3 lb. Fancy Boxes. Cigars-all the leading brands in Pkgs., 25c, 50c, $1.00, $1.50, $2,00, $2.25. Gents' Pocket Books, Bill Folds, Card Cases and Cigar Case. Phone Us and We Will Deliver QUIGLEY STORES Two Stores' 1 Cor. 4t 8 Main 821 Si. t

DRUG

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