Rensselaer Semi-Weekly Republican, Volume 38, Number 87, Rensselaer, Jasper County, 27 July 1906 — BANKS FOR ISLANDS. [ARTICLE]

BANKS FOR ISLANDS.

PHILIPPINES TO HAVE POSTAL SAVINGS INSTITUTIONS. System la B«l>t EitltMUbri hjr H ptrtnrnt of Cnmnirrpf and l,*hor la WiaklnclOß—Glrl'i Ehtal Kali Dswb KleVaior SI a ft. The Philippine commission Inis e/tablishcd in the islands a j*ostal savings bank eysttyn under direction of the Ile-partinent of Commerce and Labor. Its act of May 24, ■which was received at the tmrenu of insular affairs of the War Department in Washington, direct* the- immediate creation of* postal savings banks in the cities of Manila, Iloilo and Cebu, and the rapid extension of the system in the other cities, towns and villages. Of the three other classes of banks authorized, the. first may receive deposit* in.tany amount, but'sums ' In excess of 1,000 pesos, or SSOO, shall -Got-bear interest . Various li mitat ions, are Imposed upon deposits and Withdrawals In the second and third classes of hanks. In the thin! class deposes are to be made entirely through -the medium of postal savings hank stamps, issued in denominations of ,5, 10 nnd 20 centavos (half a rent), to extend the privileges of the system to the least prosperous communities. TTncanceled stamp/ may be redeemed at their face value in postage stamps. The "commission has made several exocp-J tions in favor of charitable and benevolent institutions. Deposits in the savings banks will not be subject to taxation by -Thadasnlar government. They will be invested through the insular treasurer in leeurities determined by n special board. Until practical experience shall demonstrate that a higher rate can ho maintain•d the Interest on deposits will ?>e 2*4 per: cent. ON THE AIVMOXI) FIELD. rpogrr., of Clubs in Race fop Ilase Ball Pennants, NATt&NAtrfcEAOttg. W. 1.. S. 1.. Chicago ....01 20 Cincinnati .40 48 Pittsburg ...53 30 Brooklyn .'..33 5t New York.. 52 30 St. Louis... .34 55" Phil’delphia 42 40 Boston 28 57 AMERICAN LEAGVE. W. 1 . m J ~ Phil’delphia 50 31 Detroit 44 38 Cleveland ..48 33 St. Louis,. ..42 40 New Y0rk..48 -33’Washington. 30 51 Chicago ... .45 3S Boston .’. . . .20 03

AMERICAN ASSOCIATION. W. I_ W. LColumbus ..00 34 Toledo 47 44 Milwaukee. 30 41 Kansas City.4o 51 Minneapolis 49 43 Sr. Paul. ....37 54 Louisville ..47 43 Indianapolis 34 55 ■tprvmft t fa a x i:. W. 1.. v. IDes Moines. 55 23 Sioux City..3s 44 Omaha .....41 37 Pueblo .....33 40 Denver ....40 40 Lincoln 33 47 GIRI. FALLS TO DEATH. VoanK Wolulln Steps Into Elevator Shaft. Tumbling; Eleven Stories. Miss Ella Fannerie. IS years old. fell eleven stories to her death down the elevator shaft in the McOroery building in Pittsburg. John Quinn, a spectator, dropped dead from the shock, and John Rauenswinner, the elevator conductor, fainted at his post, allowing his car to run away and crash into the roof, imperiling the lives of several women passengers. In addition, girl clerks on other floors of the building saw the victim fall and heard her screams, and a score of young women fainted and had to bo taken to their henten. “ - dar End* Russian Parliament. Emperor Nicholas dissolved the Russian parliament and ordered new elections for an assembly to meet next year. A new reign of violence at once broke out. Hundreds of leaders of the opposition to the government have been afrested in 8;. Petersburg, wive re (here bave been flashes between troops and the crowds. The Czar relies upon the army to enforce his Will upon the people. lO Die, 23 injured. In Wreck. At least nineteen persons were killed and twenty three others were injured when' a passenger trnin on the Seaboard Air Line collided with an extra freight one mile west of Ilamlet, X. C. Nearly all of the victims were negroes.* TJhe wreck was caused by a misunderstanding of orders. Higher Waxes In rollon Mill*. Notices announcing advances In wages were posted in several of the cotton mills in New Hampshire and Maine following the recent action of the majority of the New England textile concerns in increasing wages. Several thousand employes are affected. Rbmlkb Cabinet Kraliina. Premier Goremykin of Russia has retired and M. Stolypin has been appointed in hie place. All the members of the cabinet have handed in their resignations and a Dew ministry will be formed at once. Great Money Maker Dies. Russell Sage died of old age at his home at Lawrence. L. 1., and the rumor that his vast fortune wilT go to charity is revived. . * 1 - j Pope's I.lfe Is Menaced. Pope Plus has been confined to his bed. Complications following blood poison are feared in the case of the pontiff, who a few days ago piertStT hia thumb with a pen with which he had l*een writing. Father la Killed by Nod. Conrad Sehirmer died in the Harlem hospital. New York. He was stabbed by his lU-year -old son Conrad. Jr., at the home of bis son's sweetheart, Miss Clara Lasarua. with a piece of brokeD glass during a quayrel arising from the son's attentions to Mias Laaarua.