Los Angeles herald. [microfilm reel], January 26, 1910, Page 16, Image 16

About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

Image provided by: University of California, Riverside; Riverside, CA

                
16
MEAT PACKERS
ARE SUMMONED
BY GRAND JURY
EIGHT SUBPOENAS ISSUED FOR
HIGHER-UPS
MAGNATES MUST GIVE REASONS
FOR HIGH PRICES
Agitation Against Excessive Cost of
Living Results in Foodstuffs Be.
ing Obtained More Cheaply
in Chicago Markets
V [Special to The Herald.}
CHICAGO. Jan. 25.— Much mystery
surrounded the issuance today of at
least twelve additional subpoenas of
men believed to be high up in the beef
trust, and it was reported-tonight that
eight subpoenas issued this morning
had been serves late this afternoon,
but It was found impossible to learn
the identity of the men called on to
testify.
That the government prosecutor is
to call men high in the Industrial
•world of the middle west before the
newly impaneled grand jury was given
out tonight by a reliable source. Both
Armour and Morris are expected to be
called before the jury, and before the
Inquiry has ended it is predicted that
several score of subordinate officials
and accountants will have testified.
Agitators against the high cost of liv
ing gained their first victory here in
their battle against prevailing food
prices yesterday, when reductions of
3 per cent to 5 per cent were announced
In the wholesale prices of eggs, butter,
potatoes,, pork products and the better
grades of dressed beef cuts.
Big recessions also were made In the
value of live hogs, cattle and sheep,
and in the quotations on wheat, corn,
oats and provisions on the speculative
markets. ,
Of chief benefit to the housewives
■were the declines in butter, which
dropped from 32c a pound wholesale to
31c, and in eggs, which receded to 32c
a dozen, as contrasted with 34c last
■week. . .
The Elgin butter market recorded a
big slump. Butter men who had been
bidding as high as 38c registered bid*
of 30c on received offerings. The deals
practically decided the price.
Three reasons were given in Elgin
as to the cause of the decrease: Agi
tation against the high price of food
stuffs, a break in the corner on butter
held by butter makers and the decline
since the holidays.
In the Chicago wholesale markets
potatoes went down to 35c and 50c a
bushel, against an extreme price of 52c
on Saturday.
25,000 DINNER PAILS
WILL BE MINUS MEAT
FOR NEXT THIRTY DAYS
PITTSBUKG, Jan. 25.—Many a
•workman's dinner pail will be short
its pork chop, ham sandwich and other
meat dishes today when the 25,000
workmen in Pittsburg and vicinity
■who have pledged themselves, will be
gin their thirty-day period of meat
abstinence.
With a start made by the boycot
tcrs, who have succeeded In knocking
down the price of cattle at the stock
yards, much encouragement is given
those who hesitated to join the ranks.
Now other food products are to re
ceive the attention of the consumer.
Butter and eggs in a few days will be
under the ban the same as is meat at
present. Fearing this, butter dealers
began to scale their prices yesterday
and in some instances the prico was
6 cents lower than the day previous
for the best creamery. Eggs, too, while
they are the cold storage brand, are
beginning to come down in price and
as much as 2 and 3 cents a dozen was
lopped off late yesterday.
MILK, EGGS AND BUTTER ARE
REDUCED ON STOCK EXCHANGE
NEW YORK, Jan. 25.—Milk, eggs
and outter led the procession of re
ceding prices in food products here
today. Nation-wide agitation aided
by potent local influences have brought
about the drop. Meat, too, is on the
decline following a greatly reduced
State anti-monopoly laws are to be
invoked in the movement to combat
the trusts that have advanced food
prices. Today a special grand Jury
whose office it will be to consider the
effect of combinations among dealers
fti foodstuffs was sworn in.
While It is expected first to deal with
the alleged milk combine, the meat
question is likely to be sifted strongly
and possibly the whole scope of the
food situation will be taken in during
Its probing.
Milk is down a cent a quart already
on at least two big dealers' routes;
butter in the best qualities has
out 6 cents a pound and eggs are off
E cents a dozen in local markets.
Storage eggs that have been selling
as "strictly fresh" at high prices are
no longer put out as such, say the big
■wholesaler:-".
SOLONS DISCUSS AMERICAN
HEN AND HER PRODUCTS
WASHINGTON, Jan. 25.—Aside from
an intimate discussion of the American
lien and tier products, the feature of to
day's inquiry into high food prices by
a house committee was the statement
by Dr. Harvey W. Wiley, chief of the
bureau of chemistry in the department
of agriculture, that sinister influences
had accomplished the repeal of the pro
vision of law relating to enforcing ef
ficiency in cold storage of food prod
uct*.
Dr. Wiley said the elimination of the
appropriation for this work had greatly
hampered his department in protecting
the public from deleterious food prod
ucts.
In reply to questions Dr. Wiley stat
ed he was sure the cold storage people
themselves had nothing to do with It,
and of course the consumer was inno
cent
The appropriation was omitted last
jLNir.
LABOR COUNCIL OF OAKLAND
REFUSES TO WAGE BOYCOTT
OAKLAND, Cal., Jan. 25.—Taking
the stand that the boycott would only
hurt the farmer and retailer, the Cen
tral Labor Council of Oakland last
night refused to pass a resolution pre
sented by a member of the council, de
claring a boycott similar to that
started in the east, on meat, butter and
eggs.
The labor council Is the centra! body
of all the unions in Alameda county,
and tliis action means that the meat
boycott will not receive union support
In tliis city.
la discussing the matter the delegates
to the council stated that the boycott
would Injure the industrial system, the
producer and retailer, and would only
give the trusts a better chance to put
still higher than they ore at
present.
LABORING MEN IN COLORADO
CLIMB ON VEGETABLE WAGON
DENVER, Jan. 25.—"Whereas. The
price of meat has soared far beyond the
reach of the laboring man,
"Resolved, That we, the Individuals
of organized labor in Colorado, refrain
from eating meat until the price of
beef centers somewhere near where it
should be."
This is the substance of resolutions
passed today liy the Colorado State
Federation of Labor. Beginning to
morrow, 50,000 laboring men in Colo
rado, it is estimated, will be on the
■on.
Local meat dealers, however, profess
not to be alarmed and assert that they
are doing better than a normal busi
ness in the sale, of v
WANT CONGRESS TO IMPOSE
EXPORT TAX ON MEATSTUFFS
CLEVELAND, Jan. 25.—Fred W.
! Zebelin, originator of the meat boy-
I cott here, and Mayor Baeher dis
ed today the anti-meat agitation,
and suggested that Senator Burton be
asked to bead a movement to have.
congress impose an export tax on meat,
This plan is supplementary to the pe
titions having the same aim now be
ing circula
Another reduction of 10 cents on a
hundred pounds was quoted today on
| all live stock. While the price has been
going down steadily-at the stock yards
I there has been no lowering of the re
tail price. Eggs fell off 6 cents in the
local retail market today,
TO INVESTIGATE PRICES
SPRINGFIELD. 111., Jan. 25.—A reso
lution providing for a legislative com
mittee to investigate the Increased cost
of living, for the purpose of aiding the
legislature in enacting proper laws,
was introduced into the senate today.
The. resolutions provide for the appoint
ment of a committee of five, empow
ered to subpoena witnesses, examine
the books of the packers and summon
the packers to appear as witnesses
under penalty.
TO SELL MEAT CHEAPLY
DES MOINES, lowa, Jan. 25.—Nine
business men of Dcs Moines, headed
by Postmaster J. I. Myerly, Col. H. B.
Hedges, vice president of the Central
• Stato bank, and County Treasurer
| George L. Dobson made up a fund
I with which they will establish a co
operative market. They plan to sell
meat at a profit of 6 per cent above
the wholesale price to the poor people
of the city for one year.
PLAN TO RETALIATE
DWIGHT, Kas., Jan. 25.— W. I.
Swain, a livestock raiser, today issued
10,000 circular letters to prominent |
farmers in Kansas, lowa, Illinois and
Missouri calling for delegates to hold a
meeting in Kansas City to retaliate
against the unions that have instigated
a meat boycott in that city.
MAY BOYCOTT MEAT
AT MASS MEETING
Charles Edward Russell and Mrs,
Frances Noel to Address Gath.
ering at Labor Temple
Tonight
A monster mass meeting of protest
against the exorbitant prices exacted
by the beef trust will be held tonight
in Labor Temple hall, 538 Maple ave
nue. Whether a "meat strike" will be
called in Los Angelesr will be decided
definitely tonight. Mayor Alexander,
Stanley Wilson, Dr. Sherwin Gibbon of
the health department, Mrs. Francos
Noel, W. A. Engle, Arthur Hay and
others will speak. The meeting will
open promptly at 8 o'clock.
Mrs. Noel, who is known as one of
the most ardent sociologists in the
west, has made a deep study of the
food problem and will have some inter
esting information to impart. She has
gained most of her knowledge from
coming in contact with the very poor,
who feel most the oppressive conditions
brought on by the food trusts. She is
familiar with packing house conditions,
having been a resident of Chicago for
some time.
Charles Edward Russell, the maga
zine writer to whose efforts the first
indictment against the Chicago pack
ers was returned in 1903, will be pres
ent at the meeting tonight and prob
ably will make a brief address upon
conditions existing. This noted muck
raker recently came to California to in
vestigate freight rates in California for
an eaatern magazine.
It is the belief of Mr. Russell that the
packers themselves are not responsible
for the enormous increase in the cost
of living. He says the overcapitaliza
tion of corporations is one of the main
ins for tht! increase in prices of
all commodities. The increased capital
demands an increased rate of interest
or profit and makes itself felt through
an increase in the cost of things. Mr.
Russell says the beef trust is more or
less a victim of circumstances and is
forced to extort high prices in order
to keep alive. He says that by putting
all tin' packers in jail the price of food
will not be lowered. His remedy is to
eliminate the element of profit in com
merce.
LOCOMOTIVE TURNS TURTLE:
ENGINE CREW LOSE LIVES
New York Central Fireman and En. i
gineer Crushed to Death, but
No Passengers Killed
UTICA, N. V., Jan, 86.— The engine on
the New York Central Twentieth Cen
tury limited, eastbound, turned com
pletely over about a quarter of a mile
west of St. Johnsville today. It slid
300 feet before it stopped.
Fireman Melvln J. Handvllle was
crushed beyond recognition. The en
gineer, John Scanlon, attempted to leap
from the engine before it left the rails,
but. ho was caught between the en
gine and tender and crushed to death.
None of the coaches left the track,
though the trucks of several of them
are derailed. Most of the pMMBCen
were thrown from their berths and
some were slightly injured.
TWO KILLED BY EXPLOSION
PUEBLO, Col., Uan. 25.—Two 1 train
men were killed and three others se
verely injured when a freight train lo
comotive on the Denver & Rio Grande
railroad blew up near La Veta Una
niuniing. The dead are:
WILLIAM STILES, brakeman.
C. E. KOEHLEp, fireman.
Beriously injured:
Engineer J. C. Howard, Brakeman
W. Barker and Conductor C. Faulks.
LOS ANGELES HERALD: WEDNESDAY MORXIiM!, JAM AKY 20, 1910
FRAUD CHARGES
"PIGEON-HOLED"
BINGER HERMANN ACCUSED OF
BURYING PROTESTS
MORE SENSATIONAL EVIDENCE
ADDUCED AT TRIAL
Government Prosecutor Outlines The.
ory of Case Against Former Con.
gressman and Land Com.
missioner at Portland
[Associated rross]
PORTLAND, Ore.. Jan. 26.—When
the Blue mountain forest reserve was
being projected Binger Hermann, as
commissioner of the general land of
fice, had letters before him charging
frauds in Oregon and California, but
did not inform the secretary of the in
terior of these charges, as the latter
would have investigated them, thus In
terfering with the creation of the Blue
mountain reserve, in which Hermann's
friends were interested.
Such was the theory outlined yes
terday by F. J. Heney, government
prosecutor, in Hermann's trial in the
federal court here on a charge of con
spiracy to defraud the government.
Testimony as to the admissibility of
the "commissioner" letters, however,
went over until tomorrow, over the
strenuous 'bbjection of the defense, the
prosecution succeeding in securing the
evidence of correspondence between
Hermann and the late Senator John
H. Mitchell, carried on during the lat
ter part of 1901 and the fore part of
1902. These letters referred to the Cas
cade forest reserve and exchanges for
land therein, made by F. A. Hyde &
Co. One of these letters contains the
postscript, said to be in Hermann's
handwriting:
"I am giving my personal attention
to this matter. B. H."
Letters Significant
Defending this line of evidence,
Prosecutor Heney asserted that these
letters are significant when compared
with a so-called "Zabriskie letter,"
written in answer to one from J. A.
Zabriskie early in 1902, in which Za
briskie called attention to alleged
frauds in the Cascade forest reserve,
said to be perpetrated by "Hyde and
Benson."
In the Zabriskle letter Hermann as
sured Zabriskie that only two ex
changes had been made by Benson,
and that both of these unquestionably
had been legal.
The prosecution contended that Her
mann purposely ignored Zabriskie's
reference to Hyde and also that Her
mann possessed the alleged knowledge
that Benson was a silent partner in
the firm of J. A. Hyde & Co. Heney
also declared this correspondence was
collateral evidence, not alone that
Hermann was fully advised that frauds
wero generally being, permitted in
forest reserves, but in taking no steps
In the alleged information that Ben
son was bending his steps to fraud, in
spite of citizens that called his atten
tion to them.
The prosecutor declared further that
during this period Hermann was with
holding from the secretary of the in
terior the fact that his attention had
been called to specific cases of fraud,
for fear it would delay the creating of
the Blue mountain reserve.
The balance of the day was devoted
to the introduction of a mass of docu-
mentary evidence, most of it concern
ing the part taken in the senatorial
election of 1901 by Mays and other
Oregon politicians. The hearing will
continue tomorrow.
M'CARTHY INSISTS ON
WHOLESALE RESIGNATIONS
San Francisco Mayor Suggests T+iat
Education, Police and Health
Boards Be Vacated
SAN FRANCISCO, Jan. 25.—1n re
sponse to a request of Mayor P. H.
McCarthy, a majority of the members
of the board of education, the police
commission and the board of health
called at his office today to receive
the intimation that their resignations
were in order.
After the last of his official callers
had left Mayor McCarthy said their
visit had not been one of a purely
social nature and admitted that his
suggestion concerning their resigna
tions had not mot with immediate re
sponse. All of them will be given time
In which to consider the matter.
Most of the summoned commission
ers responded, but among the con
spicuous absentees was Henry Payot,
member of the board of education and
former supervisor, who was .scored
severely in McCarthy's inaugural ad
dress. The mayor declared that unless
the resignations were forthcoming he
would take action under (fha charter
to force their presentation.
WILL MAKE GRAPE TARTAR
FROM WASTE OF WINERIES
Company Is Organized at Lodi, Cal., to
Manufacture Pomace Into
Comr ercial Article
.1 ,—_
LODI, Cal., Jan. 25.—Ea^ly in Feb
ruary the factory erected at Wood
brldge, near here, by local people, who
organized atid capitalized the Grape
Tartar company, will begin the manu
facture of crude tartar from the
pomace that has up to this time been
:i waste product of the five wineries
In this vicinity.
The pomace is purchased at 10 cents
a ton, and there is 10.000 tons on hand.
The plant will treat thirty tons a day.
If successful, the factory will be en
larged to consume the entire output of
pomace from the wineries.
GIRL BARELY ESCAPES DEATH
MAKYSVILLE, Cal., Jan. 25.—Annie
Butt, an employe In a local bakery,
was caught In a bread kneading ma
chine last evening. Her left leg was
drawn into the machine, her skirt hav
ing become entangled in the gearing,
and her leg severely injured, the knee
cap being fractured before the power
could be turned off. The alertness of
fellow employes saved her life.
WILL RECOVER BODIES
LA SALLE, 111., Jan. 25.—After an In
spection by state Inspectors today It
was stated that the St. Paul mine at
Cherry probably would be opened Mon
day to allow the recovery of the 215
bodlta remaining In it as a result of
the lire last fall.
Live In VENICE VILLAS and BUNGA
LOWS. Completely furnished. Rent reason
able.—Adv.
NOTED SONG WRITER
GOES TO POORHOUSE
, AT AGE OF 36 YEARS
Author of 'Goo Goo Eyes,' 'Bill Bailey, 1
and 'Ain't That a Shame 7'
a Slave to Drunk.
enness
DETROIT, Jan. 25.—Hugh Cannon,
who wrote "Goo Goo Eyes," "Ain't
That a Shame?" "Bill Bailey" and other
classics of ragtime, was sent to Eloise
poorhouse today at the age of 36.
He told the story of his life in short,
expressive sentences.
"I quit the coke cusy," he said. "Fif
teen days in jail cured me of that. I
hit the pipe in New York for a year
and stopped that. I went up against
the morphine hard and quit, but booze,
red, oily booze —that's got me for keeps.
"I started when I was 16. I am 3ti
1 now, and except for seven months on
the wagon I've been pickled most of
the time. It was twenty years—twen
i ty black, nasty, sick years— with only
; a little "brightness now and then when
i I made good with some song."
INVENTS DEVICE TO SHOW
FOND COUPLE'S LOVE
University of California Opposes Test
Between Two Sexes, Declaring
Students Are Too Efficient
SAN FRANCISCO, Jan. 2"..—The
courses of true love and the divorce
courts may both bo made smoother if
the invention of a young mechanic of
this city proves successful.
It is called a "Phthymograph," and
in spite of its unsentimental name, is
declared to register on its dial the
amount of esteem existing between any
two persons who grip handles, not un
like those of a battery, attached to the
mechanism.
The psychological authorities at the
University of California decline to al
low a test of it In their laboratories
with students of the two sexes for.
mediums, declaring the students are
already too efficient in discovering
when mutual affection exists.
ACCUSED OF FORGERY
DENVER, Jan. 25.—Henry Earl Pln
ney, 20 years old, formerly Union Pa
cific station agent at Vesper, Kan., was
arrested here yesterday on the charge
of forgery and embezzlement. When
arrested Pinney had in his pockets
two books of blank money orders of
the Pacific Express company and rail
road- tickets belonging to the Union
Pacific. Last night Pinney confessed,
saying he had tired of life in the Kan
sas town and took the blank money or
ders and railroad tickets, planning to
use them In "seeing the world."
CONTESTS BROTHER'S WILL
SAN FRANCISCO, Jan. 26.—That a
man has no right to dispose of his
body before death Is the contention
made In a petition for the removal of
the body of William Al. Hoag, filed to
day by his brother, James A. Hoag,
who Is contesting the will of the late
capitalist. In his will Hoag specified
his body should rest In a $6000 mau
soleum, to be erected In a local ceme
tery.
RAILROAD SECURES VERDICT
SAN FRANCISCO, Jan. 25.—A jury
in the United Spates circuit court in
the case of the Western Pacific Kail
road company against the National
Surety comtsny of New York, granted
the railway company *56,116 today, the
amount of th» bonds of J. Dalzell
Brown, former treasurer of the railroad,
with interest since March, 1908. The
Jury sustained the contention that
when Brown, as treasurer, placed $250,
--000 of the company's funds in the Cali
fornia Safe Deposit company, he knew
that the bank was insolvent.
HYSTO-A Natural Nerve Food
Hysto—the great nerve food, is just to secure results from other methods
what it is described to be. It is not of treatment, and use Hysto conscien
a patent medicine-not a drug-not a tiously. You will receive immediate
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proved prescription, discovered by a conli j ence . Y our time and your money
practicing physician and used by him w jjj not b e wasted; you run no risk
in a practice covering many years. It of any sort. There is nothing what
is put up in its present form simply to ever of a deleterious or harmful char
insure protection against adulteration acter about it.
and substitution. Hysto Is sold under the explicit guar-
Hysto will produce direct and posi- anty of Dr. C. Dana York, its discov
tlve beneficial results in any case erer. The doctor agrees to refund the
where the nerves are affected, or in full price paid for Hysto if one month's
any disease growing out of diseased treatment is taken according to in
nerves, and the list is much longer struction and the patient fails to re
than is generally supposed. ceive direct, positive, recognizable fa-
Heart troubles, diseases of flic stom- vorable results. Hysto is put up in
ach and Intestinal tract, including in- tablet form and is easy and pleasant
digestion, catarrh, constipation, etc.; to take.
diseases of the kidneys, bladder, liver, A full month's treatment of Hysto
etc.; rheumatism, neuralgia, sciatica, costs but $5. It may be obtained at
lumbago; all these and many others any Owl Drug Store in Lot Angeles;
are helped and cured by Hysto, which also at the PaeiHc Drug Company, op
supplies the food the nervous system posite the postoftlce. Inquiries and
demands and restores the whole bodily information by mail should be ad
system to a normal, healthy condition, dressed to Dr. C. Dana York, 225 Byrne
No matter what your trouble may building. All communications will be
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■ ■■■' ■•■■■■ ■■' ■■■ •■ ■■' -■•'■■ ;,■ « • ■■ ■■■■■ ■■ *s f? ■ "•■'■: < >: ■■■■■■
! iiiii i
HOTEIi DEL CORQNADO ;
II POLO Iff!
golf—tennis——boating—
4 hours away •
.lust Across the Bay from San Diego.
The refined society of Hotel del Coronado attracts
x refined people. ', •
• Side trips to Tia Juana, Old Mexico, by rail or auto
mobile—and to La Jolla, the place of the mysterious
sea caves and, gold fish pools. •
pr^pa^Cl Round tr»p rat«to San Dieg° »?;J!sl{ llilll: I
*f mm Nl Santa Fe trains leave Los Angeles for San
a Round 8:55 a. m., 2:15 m. and 11:55 p. m.
Santa Fe trains leave Los Angeles for San
Diego, 8:55 a. m., 2:IS p. m. and 11:55 p. m.
ltttdsf^p&|] Ask for descriptive folder.
»k PiU Jli For detailed information phone or call on
J^^ma^m E. W. McGee, G. A. Santa Fe, 334 S. Spring. ,
COURT PERMITS
COPPER MERGER
UTAH COMPANY SCORES IM
PORTANT VICTORY
STOCKHOLDERS ALLOWED TO
HOLD MASS MEETING
Preliminary Injunction Secured to Pre.
vent Coalition with Boston Con.
solidated —Decision Inter.
esting and Unusual
[Associated Tress]
TRENTON, N. J., Jan. 2".—Judges
Lanning and c'ros^ In the United
States court here today dissolved the
preliminary Injunction previously
granted by Judge Cross, restraining
stockholders of the Utah Copper com
pany from holding a meeting to pass
on the proposition to merge with the
Boston Consolidated Copper company.
The case has been before the court
for two days. The proceedings to
prevent the merger were instituted by
Col. Enos A. Wall and Charles W.
Graham, stockholders -of the Utah
company, who claimed that the merger
would work an injury to the Utah
company, and that it was in violation
of the Sherman anti-trust law.
Application was made to the court
on behalf of the Utah company to
have the proceedings dismissed on the
ground that Graham had been hired
by Colonel Wall to take part In the
suit.
Judges Lanning and Cross, in de
ciding the case, did not dispose of
this point. They dissolved the pre
liminary injunction on the following
grounds:
First—Any violation of the Sherman
anti-trust law WOUI have to be prose
cuted by the government alone and
the only remedy individual stockhold
ers could seek would be through a
suit for damages.
Secondly—Other grounds upon which
Wall and Gruham based their suit had
been so fully answered and explained
by the affidavits filed on the part of
the company that an injunction could
not be gi - nted without ignoring tha
well settled rules of equity practice.
The dissolving of the preliminary in
junction removes any obstacle from
the way of the Utah company carry
ing out the proposed merger which, it
is understood, is to include the absorp
tion by the Utah company not only of
the Boston Consolidated company, but
also the Nevada Consolidated Copper
company.
TO. USE TROLLEYLESS CARS
CALDWELL, N. J., Jan. 26.— The
first line of trolleyless electric cars in
the United States will be started here
this summer. Twenty cars supplied
with current from storage batteries will
be operated over about eight miles of
track. If the new storage system is
successful here It probably will be
adopted by the corporation which con
trols most of the street cars in this
section of the state.
TO WED MISS HAVEMEYER
NEW YORK, Jan. 25.—James Wat
son Webb, son of Dr. W. Seward Webb,
obtained a license to marry Miss Elec
tra Havemeyer, a daughter of the late
H. O. Havemeyer. president of the
American Sugar Refining company. Mr.
Webb, who Is a grandson of the late
William H. Vanderbilt, save his age
as 25 years. «
MAN DROWNED IN TUNNEL
GRASS VALLEY, Jan. 25.—0tt0
Johnson, miner, was swept to death
yesterda- in a tunnel where he was
working at Relief Hill. The tunnel
suddenly filled with water and John
son was dead when he emerged in tho
flood from the tunnel's mouth.
Llvo at Windward Hotel, Venice.—Adv.
Accounts For
Husband and Wife
, • ■
Or Any Two Relatives or Persons
Accounts in which any two relatives or
friends have equal rights may be opened
with this Bank. \
They are known as "Joint Accounts," and in many
circumstances are a most convenient and economical
form of deposit. - >
The money on deposit is subject to the order of either
person—and in the event of death of either the balance
reverts absolutely to the survivor. The delay and ex
pense incident to Court or other legal proceedings are
thus avoided.
"Joint Accounts" are especially convenient for Hus
band and Wife, Mother and Daughter Brother and Sister
—or any two or more people who wish to hold their
funds in common.
They are not restricted to any
■ class of deposit, but may be opened
teifiliilK as "Term" or "Checking" Accounts.
Ef jlKSaHal "Term" deposits earn interest at 4 per cent,
BjyTOmfifl mi HUH tCTp- credited semi-annually, January 1 and July 1.
i: |jgj h lUrnTaaay "Special 1 Ordinary," or Interest Bearing
pßftjijKnpr" SBBBttlft Checking Accounts, earn interest at 3 per
QJBBSBSPI cent, on minimum monthly balances of $300
tjflwJNOilj or more. Interest is credited monthly.
f^^Mffl r^P*S»^3-- Checks may be issued without presentation
•3^2"iji3pp?> : Consult us as to the most convenient form
The BMnt WUbtto =r^. Y°U |l;'|'g|
Efficient Service service t0 you-
German American
Savings Bank !»!*.
Monday,
January 31st
Is Your Last Opportunity to
Share in the Cash
Dividends
For the Eighth Quarter-
November, December and Jan
uary— 2>Vi% on Its Par Value
on All Shares Paid for Prior to
February Ist.
The Number of Investors in
MU Every dividend period has shown a steady increase in
the number of shareholders, and this, the eighth quar
ter, which closes January 31, will surpass them all. What
is it that has caused "HOME BUILDERS" to grow, in the
short space of two years, from an infant company with a,s
sets of but $1250 to a firmly established, aggressive divi
dend-paying corporation, whose assets are approximately,
$500,000?
The Answer
Confidence in its sound business policy.
Confidence in its careful and conservative
management.
Confidence in the honesty and ability of its
directors. . •
Confidence in its policy of no speculation
and no debts.
Confidence in its prosperous past and prom
ising future.
£Ti There is not one of its shareholders who does not feel
he has safely and wisely invested. The opportunity
is offered to you to share in the quarterly cash dividend
for November, December and January, of 3£% on the par
value of all stock paid for. Buy now before the price goes
to $1.75 and receive one of its dividend checks.
Terms 10% down and 5% monthly or all cash.
129 SOUTH BROADWAY
Mason Opera House Bldg. Phones: 10963, Main 496
[ An Advertisement Becomes an Investment j
I When Placed in THE HERALD J