Richmond Palladium (Daily), Volume 36, Number 217, 14 June 1911 — Page 6

PAGE SIX.

THE RICHMOND PALLADIUM AND SUN-TELEGRAM. WEDNESDAY JUNE 14, 1911.

LNIOEMUTH GIVES HIS EXPLANATION OF MIT'S BID Attorney for E. M. Campficld Says- the Water Works Franchise Proposal of Latter Is a Fair One.

(Continued from Pago One.) T $200,000 of stock will bo preferred stock and will be the solo voting and participating stock of tho company. Of thla amount tho city shall take $."0,000 at par and the new water works company vhall hold the remaining $130,. 000 until the final consummation of the purchase by the city. The money to construct the plant will be raised by a bond Issue of $775,000 of 5 semi-annual Interest coupon gold bonds, which with the $50,000 paid by the city in purchase of the $r0,ooo of preferred Stock will make $N2",000 and equal to the total amount of common and preferred stock. Although the city's Interest will be small for some time, she will at once have under thla plan a onefourth Interest from the start and have a representative on the Hoard of Directors and will bIho have a onefourth share in the profits which the city can apply on Its annual payment. The annual payment will be $31,000 for 25 years, which In that time wlil mount to $773,000 or just equal to the bond Issue. The $31,000 will be paid by the city Into tho hands of the trust company holding the $025,000 of common stock, upon receipt of which the trust company will deliver to the city '$31,000 par value of the common tock and with the funds take up and cancel $31,000 of the bonds, which will be made to mature in that amount each year. Then Goes to City. As, the $31,000 paid by the city to take up that amount of bonds Is applied on tho principal or face of the bonds, tho Interest payable semi-annually will have to bo paid by the water worka company out of the profits which will amount to $38,750 the first year and decrease annually to the amount of 5 interest on the $31,000 paid off each year. When the entire bond issue Is taken up the preferred tock held by the company will be surrendered to the city and tho entire plant turned over to the city providing the city has put In all extensions at her own expense. If she has not then the cost of all extensions made during the period will be added to the purchase price and the city will have to pay for the Bame In cash or by bonds or some other plan to be agreed upon between the city and the company. As the city will have one-fourth of the profits from the start and as there will hardly be any extensions for some years after tho plant Is completed and as tho Income will no doubt Increase as the city grows, the city will be more than able to take care of all extensions out of its one-fourth profits, and, and have some over to apply on Its annual installments. If the city cannot save enough out of its present revenue a very slight annual tax would make up tho necessary deficiency. But, In addition to the city's one-fourth share In the profits she will have her saving of $8 on each of the 2S9 firo hydrants." Probably on Thursday morning, the bond that must be put up by the bidding companies will be considered by the Board of Works and fixed at $17,000, according to City Attorney A. yl. Gardner. This Is the customary bond, on a contract of this size. ENTERS A DEMURRER fraction Co. Acts on Filed by County. Suit Prospects that a writ of mandate might be Issued against the Terre Haute, Indianapolis and Eastern Traction company compelling it to lay its tracks beyond the south lino of the 46 foot Improvement of the National road west, as originally planned, because of dilatory tactics on the part of the company, were dispelled today when the company's attorney filed a demurrer to the mandamus suit entered in tho Wayne circuit court by the county commissioners' attorney. This was the day for close of rule set by Judge Kox and if the traction company's attorney had not taken some action, judgment would have been rendered In favor of the commissioners and orders, as above stated, would have been Issued to the com pany. A demand was made of Judge Kox by the commissioners' attorneys on last Monday to close the rule, but the time was lengthened by the court until today. Ferdinand Winters, attorney for the traction company, informed Judge Fox . this morning when he filed the demurrer that he and the commissioners' attorneys would agree upon a date for argument and notify him of the timd et. Unlets the compromise now being considered by the commissioners la offered the company and accepted or an amicable settlement reached, the Inal disposition of the matter will rest with the termination of the mandamus ulL Now is the right time to have alterations and repairs made on fur garments, muffs and scarfs. See Mr. Brewetcr at our store, Thursday nd Friday. Knollcjiberg's. 13-2t

High School Seniors Prove To be A ccomplished A dors

BY E. G. W. One of the most successful plays ever given by an outgoing class of the high school was that of last evening when "A Scrap of Paper," staged under the management of Mrs. Helen Johnson-Bailey, was presented to a largo and appreciative audience in the auditorium of the high school by a cast of clever amateurs. "The accomplishments which distinguish the trained actor from the amateur are not the same as the qualities which distinguish great actors from ordinary ones," says Bernard Shaw and this, of course. Is the attitude taken toward the amateur who Is not measured by professional standards, but, even so in the latter event the production of last evening would not pale. "A Scrap of Paper," is one of those adaptations from the French which has long been familiar to, and a favorite with, frequenters of the theater In English speaking countries, and is an excellent vehicle for the talents of amateurs as young as tho performers who presented It here, since It is built on accepted, if somewhat perfunctory theatrical lines, and its farcical situations lend themselves more readily to the handling of the dramatically unsophisticated. The Btory of tho play, which concerns the complications among people resident in two or three French country houses, is too well known to repeat, the star roles, as seen last evening, being taken by Mr. Harold Taggart, as "Prosper Couramont," tho rather graceless scion of a family of rank; and Miss Elsie Hawekotte, as "Suzanne," the good natured cousin of the "Baroness de la Glaclere" imper sonated by Miss Marguerite Highley, a former sweetheart of Couramont, "Suzanne" offering to secure a certain love letter, written by the Baroness before her marriage to Couramont, for the latter. Suzanne and Coura mont subsequently fall in love with each other. Mr. Taggart sustained a difficult and continuously conspicuous role with eclat, reading his lines with distinctness and "looking the part" with fine E Inside History on How Companies Invest Holdings. Life Insurance companies have been charged with favoritism In the matter of distributing their Investments. It has been argued says a writer in Moody's Magazine, that the reserves held by the companies should be invested In the territories where the pol icy holders live who contributed them, and in one or two States legal enact ments have been passed to secure the result. i Railroad bonds and real estate mort gage loans are tho two classes of se curities most patronized by the com panies. Of the $3,665,630,535 assets owned by the companies doing bus iness in New York, no less than $1,746,665,734 is invested in bonds and stocks and $1,126,279,860 In mortgage loans. So far as the latter form of Invest ment Is concerned, this kind of criti cism is sienced because tho mortgages themselves, scattered over wide areas, are the best evidence that the policy holders money Is not "piled up in Wall street." But with stock and bond investments It is different. Because railroad securities are bought on the New York Stock Exchange, even though the railroads which they sustain help to develop the Bouthern and western Btates, some critics from these states have conjured up a financial grievance against the companies and rasied the specious cry of "Keep our money at home." That these sections of the country have nothing to complain of In the matter of investments has been conclusively shown in a paper by Robert L. Cox, general counsel of the Association of Life Insurance Presidents. Analyzing the Investments of fourteen large companies representing two-thirds of the entire assets, Mr. Cox found that Btates like Iowa, Minnesota and Nebraska had more than three times as high ratio of Investments to reserves as had the New J2ngland states. Paul Morton, late president of the Equitable Life in a speech delivered In Chicago In December last stated that life Insurance companies had invested in the Mississippi Valley territory $726,000,000. although the estimated reserves belonging to the policyholders residing in the same territory amounted to only $583,000,000. SIX GRADUATES OF SCHOOL OF NURSES The graduating exercises of the Rcid Memorial Training school for Nurses will be held at the hospital on June 20. There will be six graduates, the largest number to graduate at any one time since the organization of the school. The program has not been completed but will Include addresses by Dr. D. W. Stevenson and the Rev. LIghtbourne, pastor of the Episcopal church, and musical selections. Following the graduation exercises the ladles' Aid society of the hospital will hold Its annual picnic. TO BE HELP INDOORS On account of the inclement weather the lawn social which was to have been help this evening on the lawn at the William Duning home In South Ninth street, will be held in the SL John's Assembly hall. Wanted Two teamsters. Hackman, Klehfoth, S. G. between 6th and 7th. 11

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effect, bis management of the semiserious love scenes, a trying one for a youthful amateur, being well done. Miss Elsie Hawekotte as "Suzanne" showed surprising histrionic gifts, much ease and grace, a thorough understanding of the role, and an unusual dramatic intelligence. Miss Hawekotte is the possessor of a crisp, clear speaking voice and her enunciation was not one of the least of the attractions of her characterization which was enhanced by her charming personality. Mr. Brandon Griffis, in the minor role of "Anatole," came dangerously near making it a stellar part, Mr. Griffis taking the character of the masculine ingenue in a manner to make any professional green with envy. Mr. Griffis has a capital trick of the eyes and a genius for attitudinizing, and in his perfect control of those moments when Interrupted by applause, showed theatric acumen. Miss Eleanora Shute, as "Madamolselle Zenobie," the spinier sister of Anatole's guardian, was one of the successes of the evening, her impersonation of the shrewish fine lady being consistent and clever. Mr. Howard Wentling made a serious and egotistic Baron de la Glaclere; Mr. Stanley Lindstrom, an amusing country gentleman given to the study of butterflies and bugs and very much afraid of his sister; Miss Marguerite Highley, a charming Baroness with' the subdued voice and perfect manners of the lady of rank, and Miss Lucy Smyser, a fetching "Mathilde," sister of the Baroness. The servants were capitally taken off by Mr. Wallace Glfford, Miss Esther Beck, Miss Pearl Ernest and Mr. Roland Nusbaum. Mrs. Helen Johnson-Bailey, at one time a member of Augustin Daly's famous company, is to be congratulated upon the successful issue of the play, her careful training in stage technique being evident throughout the presentation, the costuming and the settings giving an illusion of reality. Especially admirable was the effect of a drawing room in an old French chateau.

STOCKHOLDERS MEET Dickinson Trust Co. in a Splendid Condition. Substantial increase in the business done during the fiscal year of 1910-11 over previous years was shown in the reports of the officials of the Dickinson Trust company at the annual meeting of the stockholders. These reports show this concern is 'one of the leading trust companies of the state. The election of Edgar F. Hiatt as president to succeed the late Samuel Dickinson, by the directors was affirmed by the stockholders, and the other officers were re-elected, including the directors. Joseph J. Dickinson, of Indianapolis, was chosen to succeed his late brother as director in the company. The other officers of the company Include Howard Campbell, vice president; Everett A. Lemon, secretary; and Jesse A. Wiechman, treasurer. The directors for the ensuing year are Edwin H. Cates, Joseph Dickinson, Howard Campbell, Samuel W. Gaar, Adam H. Bartel, P. W. Smith, E. G. Hibberd, Edgar F. Hiatt, George H. Eggemeyer, Henry Gennett, John J. Harrington and Henry C. Starr. The executive council includes Mr. Hiatt, Mr. Eggemeyer, Mr. Cates, Mr. Hibberd and Mr. Smith, alt members of the directorate. Stockholders did not vote to change the policy of the company, affirming their belief that the same conservative policy as has been manifested since the institution of the concern should again be exercised. Just at present no additional departments will be added and no changes in the office force are contemplated. POSTPONE A STRIKE Seamen's Union to Hold Great Mass -Meeting. (National News Association) Southampton, England, June 14. The new White Star liner, Olympic, the biggest ship in the world, sailed today at noon for New York, after consenting to pay increased wages demanded by the Seamen's union. A tremendous demonstration occurred as the giant ship moved from the pier. STRIKE POSTPONED. London, June 14. The world-wide marine 6trike scheduled for today was temporarily halted 'by the officials of the International Seaman's union, pending a monster mass meeting tonight. SIX HUNDRED STRIKE. Liverpool June 14. The crews of the steamships Teutonic and Empress of Ireland struck today. Six hundred men are affected CHOLERA ABOARD. New York June 14. The Italian steamship Europia arrived today with a cholera victim aboard. All passengers are quarantined. FOOTBALL PLAYERS BEGIN PRACTICING - Summer football practice is being held at Earlhara college in preparation for the season next fall. The squad is in charge of Coach Thistlethwaite and former captain, Philip Bruner, who is assisting in the coaching of the back field. " ' ;

Baseball Results

National League. Won Lost Chicago 32 18 New York 32 19 Philadelphia St 21 Pittsburg 28 22 St Louis 27 23 Cincinnati 24 28 Brooklyn 18 33 Boston 12 40 American League. Won Lost Detroit 37 15 Philadelphia 31 17 Chicago 24 20 Boston 26 22 New York 25 22 Cleveland 20 32 Washington 17 33 St. Louis 16 33 American Association.. Won Lost Kansas City 35 20 Columbus 34 22Milwaukee 29 29 Minneapolis 29 SO Louisville 2S 29 St. Paul 26 32 Toledo 26 33 Indianapolis 23 35 Pet. .640 .623 .596 .560 .540 .462 .353 .231 Pet .712 .646 .545 .542 .532 .3S4 .340 .314 Pet. .636 .607 .500 .492 .492 .445 .441 .397 RESULTS YESTERDAY. National League R.H. E. New York . 5 11 1 Cincinnati 2 12 2 Mathewson and Meyers; Fromme, McQuillen and Clarke. -" i R. H. E. Brooklyn 3 6 0 Pittsburg 4 12 2 Schardt, Rucker and Bergen; Liefield and Gibson. (11 innings.) R. H. E. Boston 4 17 1 Chicago 5 18 i McTigue, Pfeffer and Rariden; Richie and Graham. (12 innings.) R. H. E. Philadelphia S 8 3 St. Louis 10 13 0 Ewing, Rowan and Dooin and Moran; Golden, . Sallee, Harmon, Steele and Bresnahan. American League. R. H. E. St. Louis 0 6 2 Philadelphia 6 10 0 Lake and Clark; Plank and Thomas. R.H.E. Cleveland l 6 0 New York 5 10 2 Kaler and Land; Vaughan and Sweeney. Chicago Washington, (Rain) V ' Detroit Boston (Rain) American Association R. H. E. Indianapolis 0 8 2 Milwaukee 6 10 0 Webb, Schlitzer and Ritter; McGlynn and Marshall. R. H. E. Columbus 4 9 2 Minneapolis 2 6 1 Cook and Bemis; Faher, Waddell and Owens. R. II. E. Louisville 2 7 2 St. Paul 0 3 3 Cheney and Hngbes; Steiger and Kelley. R. H. E. Toledo 9 17 1 Kansas City 7 10 r BasKette and Carisch; Brandon, Maddox and James and O'Connor.

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New York, June 14.Open 70 83 Vi 78 118 124 128 50 110 160 240 138 1S6U 136 114 81 120 112 87 High "OVa 83 79 118 125 129 50 111 161 240 139 187 136 115 81 120 11 87 Low 70 83 7S 118 124 128 50 110 160 239 138 186 135 114 80 120 11 S7 Close 70 S3 79 118 125 12S 50 111 160 239 139 186 135 115 80 120 11 87 Copper Am Smelting U S Steel ... U S Steel pfd Pennsylvania St Paul . . . Mo Pac N Y Central. Reading Canadian Pac Gt Northern Union Pacific Northern Pac Atchison . . . B R T Southern Pac Am Can Com Am Can Pfd CHICAGO GRAIN. Furnished by A. W. Thomson Co.,

Hittle Block. Phone 2709. Correspondents, Logan and Bryan. Chicago, June 14. High Low Close July 87 88 86 88 Sept 87 87 86 87 Dec 89 89 88 89 Corn Open High Low Close July 54 54 54 54 Sept 55 56 55 55 Dec 54 54 54 54 Oats Open High Low Clos July 38 38 37 38 Sept 39 39 38 39 Dec 40 40 39 40 1 Liverpool Cables Close: Wheat

lower; Corn lower. INDIANAPOLIS LIVE STOCK Indianapolis, June 14. Hogs Receipts 17,000; top $6.10. Cattle Receipts 2,100; choice $6.10. Sheep Receipts 900 ;clipped $3.50. Lambs $6.75. Calves $8.00. CHICAGO LIVESTOCK Chicago, June 14. Hogs Receipts 30,000; bulk $6.15 6.25. Cattle Recipts 17,000; beeves $5.10 6.30. Sheep Receipts 18,000; prime $4.50. Calves $8.00. CINCINNATI LIVESTOCK Cincinnati, June 14. Cattle Receipts 800; shippers $5.00 6.00. Hogs Receipts 5,000; prime $6.20. Sheep Receipts 6,000; prime $2.50. Lambs $7.15. Calves $7.75. . , PITTSBURG LIVESTOCK . Pittsburg, June 14. Cattle Receipts light; market steady, butchers $4.405.90; choice $6.50; good $6.10. Sheep Receipts 12 cars; prime wethers $3.854.00. Hogs Receipts 20 cars; heavy and mixed $6.30 6.35; yorkers and pigs $6.256.40. . Clipped lambs $5.00 5.75. j, Calves $8.008.50. AT 025.00 035.00 050.00 UP TO 0625 NOW AND SAVE 10

E. BUFFALO LIVESTOCK Cattle Receipts 100; slow; steady;

prime steers $6.40 6.75; butchers $6.25. Hogs Receipts 2,700; steady; york ers $6.656.60; pigs $6.256.30; heavy mixed 6.40ig:6.60. Sheep Receipts 2,000; prime $4.25. $4.25. Calves Receipts 275; culls to choice $6.00 9.00. , Lambs $7.008.00. INDIANAPOLIS GRAIN Indianapolis, June 14. """" v Wheat 84c Corn 56c Oats 39 He Clover seed $9.65 TOLEDO GRAIN Toledo, June 14. Wheat 87 c Corn 56 He Oats 404c Clover seed . .$9.80 Alsike ...$9.25 CHICAGO GRAIN Chicago, June 14. Wheat r. . . 89c Corn 54 He Oats. S6c ENTERTAINMENT A COMPLETE SUCCESS The outdoor entertainment and so cial given by members of the Young Men's Institute of, the St. Andrew's Catholic church last evening was a very pleasant affair and largely at tended. An enjoyable program had been arranged and was carried out In full. Music was furnished by an orchestra and the Richmond Mannerchor. The musical program follows: Orchestra: March, Y. M. I. Selection, Madame Sherry. Waltz Ciribiribin. Can't You See I Love You? March Mary You're a Big Girl Now. Selection Goddess of Liberty. Waltz 11 Firore D' Italia. Selection A Stubborn Cinderella. March Thoroughbred. The Richmond Maennerchor gave the following songs: Wanderlied Kern Weinlied Kern Die Deutche Muse Abt Der Mai ist Kekommen Kuntze Krieger Nachtlied Kuntze Wenn Kuhl Der Abend Sinkt Nach der Heimath ..Kromer Palladium Want Ads Pay.

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Cullop Asks Taft to Honor Amendment to Treaty. (National News Association) . Washington, June 14. Representative Cullop, of the Second Indiana dis trict, was at the White House today. He" urged President Taft to agree to accept an amendment to the Canadian reciprocity bill providing that Canada shall remit the duty now imposed on Importations into that country on watermelons, the tax amounting to $30 a car, and on cantelopes, which is 45 cents a basketful. "We grow in ; the Second district of Indiana the finest watermelons and cantelopes in the world" declared Cullop, and expand, ing hia chest, as he confronted an army of newspaper reporters. An amendment embodying . the views of Representative Cullop wUl be introduced by one of the Indiana senators. President Taft will consider the matter but amendments are not popular with him. ILLINOIS UNIVERSITY. Champaign, 111., June 14. President Edmund D. James was the principal , speaker today at the fortieth annual commencement of the University of Uinois. GOOD BLOOD. Given good, clean, healthy blood. Nature will do the rest with any case of catarrh, inflammatory rheumatism, scrofula, eczema, erysipelas, boils, pimples, scrofula, or skin disease of any kind. Good blood Invariably means vigorous appetite, good digestion and strength. Thus it stands to reason that an effective "alterative" or blood purifier, while it will not cure ail diseases, will help in fighting any disease and will cure those mentioned above, all of which comes from bad blood. Forty years ago Dr. A. B. Simpson, of Richmond, was kuown as one of the most successful physicians In three states. His success was founded almost exclusively on one prescription, the most powerful blcod purifier ever known. After his death this prescription was regularly put up as Dr. A. B. Simpson's Vegetable Compound. It has been used extensively all over the country and in forty years has never failed, even in that most dreadful of all blood diseases, syphilis in its worst stage. And when an alterative will do that, it, of course cleans and rebuilds blood affected with other troubles. Simpson's Vegetable Compound is purely vegetable and as harmless as it Is effective. It is sold at $1 per bottle at all drug stores. 9th and Main. "The place you"" get the most change back."

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