Los Angeles herald. [microfilm reel], October 07, 1910, Image 9

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

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

                
Fart ll— Pages 9 to 16
CLEARING HOUSE
BANKERS CONVENE
Treasurer of U. S. Discusses Re
lations of F'nanciers
with Government
PRESIDENT WEXLER REPORTS
Uniform Numbering and Lettering
System Urged-New Meth
ods Are Considered
The clearing house section, the most
important and Influential section of
the American Hankers' association,
hold Its annual mooting yesterday In
Temple auditorium, many important
questions being discussed and some
resolutions adopted which undoubted
ly will be far-reaching: in their results.
Discussion centered about the advi.sa
bllty of having one clearing house sys
tem for the nation, instead of three,
as at present; a uniform number and
lettering system, and clearing house
examiners. ..
The savings bank section of the as
sociation also met yesterday in the
same building, and its deliberations
proved of interest and prollt to those
connected with that branch of
"Although the clearing house section
has been in existence only a few years
It has rapidly moveH to the front
among the different branches of the
financiers' organization, and Is now
recognized as the most important of
all, probably because the work It does
affects all sides and angles of banking
Instead of only particular branches as
Is the case with other sections The
lirst meeting of the organization
which later developed into the clearing
house section of the A. B. A. was he d
In Cleveland in 1899, and was largely
attended by bankers from all parts
of the country. In fact, so successful
and beneficial was this first meeting
that those originating it urged its con
tinuance from year to year, ft program
which was carried out until a few
years ago, when the linkers' associa
tion admitted it to the organization
as a section. •
MODERNIZES METHODS
From the first the clearing house
section hai exerted a great Influence
on banking in the United States and
has brought about the abolition of
SSfny old-fashioned and cumbersome
methods of transacting business In
troducing In their place more wten
and less confusing methods in collec
tion and exchanKe transactions.
yesterday, a few minutes after 10
o'clock President Sol Wexler called
the Poctlon to order and Introduced
the Rev E. Stan ton Hodgin, pastor or
the First Unitarian church, who pro
nounced an invocation. Following this.
Secretary Fred E. Farnsworth called
the roll a proceeding which showed
a majority of the members of the sec
tio™ present. J. M. Elliott president
of the First National bank of Los An
geles, welcomed the members of the
Section to Los Angeles In the name
of the Los Angeles Clearing House as
ciation and affiliated banks. .' .
Mr Elliott stated at the outset that
he would not make a long speech, as
the bankers had been given a chance
to see and made to feel how thorough
ly welcome they were In the Angel
c.tv. and that a repetition by him
•would be superfluous. He paid a trib
ute to the value of the clearing house
to any city and spoke for its continued
lm G Pe ro°r Vg ee me M.' Reynolds of Chicago,
president of the Continental and Com
mercial National bank, responded for
the delegates. Mr. Reynolds compli
mented the local financiers on the re
ception given the visiting bankers and
their entertainment here, stating that
It was almost too good, as none of tne
visitors wanted to stop enjoying them
selves long enough to attend to busi
ness. •'..'
ANNUAL ADDRESS MADE
The annual address of President
Wexler followed. Mr. Wexler spoke on
clearing houses and the reforms needed
to make them of more service to
banks. He also toucluJ on the advis
ability of having one clearing house
system in vogue throughout the coun
try Instead of three, as at present, and
oY the necessity of a uniform way of
numbering and lettering and of hav
ing 'clearing house examiners. bev
eral of his suggestions were later
recommended to the general conven
tion by the members of the section.
The annual report of the executive
committee, presented by George Guck
enberger, chairman of that committee
was next In order. It was short and
simply presented a statement of tna
different matters on which the com
rattee has been bending Its energies
during the past year.
Following this report. Secretary
Farnsworth read his report. Embodied
In his report was strong advocacy or
clearing house examiners being ap
pointed. Mr. Farnsworth pointed out
the many advantages to be gained by
such a procedure, among others being
the uplifting to a higher plane In the
banking world of the clearing houses.
He also stated that the business of the
section had become so heavy during
the past year that either another man
not employed In any other capacity
by the bankers' association or an as
sistant secretary would have to be ap
pointed, as he could not longer handle
the great mass of business alone.
TKEASITHKR TALKS .
Lee McClung, treasurer of the United
States, followed with a short address
on the relations of the treasury depart
ment to the bankers of the country.
He was scheduled to address the sec
tion on the proposed reduction in the
size of paper money, but later was re
quested to make the other matter the
subject of his address, as It was
thought It would prove of more value
to the section. ■
A discussion, led by J. B. Forgan of
the First National bank of Chicago,
finished up the business of the morn-
Ing session. This discussion of "Clear
ing house examination by i clearing
house examiners" proved to be one of
the most Interesting features of the
day's program, and Mr. Forgan was
ttianked by officers and members of the
section for the manner in which he
handled the subject. „ .
At 2 o'clock the section members ro
assembled, Stoddard Jess, vice presi
dent of the First National bank of Los
Angeles, being the first to address the
reopened meeting. Mr. Jess spoke of
the advantages of the consolidation of
the offices of paying and receiving tol
lers. He explained the advantages of
th»- wystem, which has been In vogue
at tho frflvit he represents for five
reiirfl. mci ie manner in which any
u'.an,.ued ob rwo BlvveiU
United States Senator T. E. Burton of Ohio, and
(at the Right) Lee McClung, Treasurer of the U. S.
WOMAN HUNTER KILLED
BY DEFLECTED BULLET
Mrs. Swan Sampson Accidentally
Shot While in Canoe-Sur
geons Arrive Too Late
TACOMA, Wash., Oct. 6.—Mrs. Swan
Sampson, one of the best known wo
man hunters in the northwest, was
fatally shot yesterday while hunting
deer at Silver Lake, twenty-five miles
south of Tacoma. She died several
hours later. Mrs. Sampson was in a
canoe on the lake while her usband
was on shore. A young member of the
party, Peter Peterson, shot at some
thing back in the woods, and Mr.
Sampson saw his wife throw up her
hands and with a scream fall back
into the boat. He swam to the canoe
and brought it to shore.
The wounded woman was removed
to the house and surgeons were sum
moned from Tacoma, but four hours
elapsed before they arrived. Mrs.
Sampson expired soon afterward.
The bullet which killed the woman
was flattened and evidently had
struck some hard substance and been
deflected before hitting Mrs. Sampson.
Swan Sampson is proprietor of a
hotel in this city and prominent In
political and commercial circles.
FATHER, AGED 92, HAS SON,
62, JAILED FOR DRUNKENNESS
NEW YORK, Oct. 6.— George Wash
ington Wilmot, aged 92, appeared in a
Brooklyn police court • yesterday and
had his boy, Frank P. Wilmot, commit
ted to Jail as an habitual drunkard.
Son Frank is 62.
"What can I do for you two old gen
tlemen?" asked Magistrate O'Reilly.
"Sir, we are not two gentlemen," said
the father. "This is my son. He asso
ciates with bad companions, and is
drunk most of the time. He is old
enough to work, but I have to support
"Six months on the Island," said the
magistrate. -__«
'EPISCOPAL CHURCH OF U.
S.' MAY BE NEW TITLE
CINCINNATI, Oct. 6.—Presentation
of the Rt. Rev. John Wordsworth, lord
bishop of Salisbury. England, to a Joint
session of the house of bishops and
house of deputies of the Protestant
Episcopal church in America, took
nluce at the opening of the second
day's session of the triennial conven
tion of the church here today.
The house of deputies will hear dis
cussions of five constitutional amend
ment including those that would es
tablish sufficient foreign bishops and
change the name of the church to th«
Episcopal church of the United States
of America. _ _
KILLS GIRL AND SELF
HARTLEY, lowa, Oct. B.—George
Godfrey, who shot and killed Miss
Rika Amelsborg near here last even
ing because she had resented his at
tentions was found dead today in a
corntleld near the spot where he -had
murdered the girl. Godfrey had been
employed until recently on the Amela
borit farm.
LOS ANGELES HERALD
COUNTESS DE BEAUFORT
WILL VISIT SICK HUSBAND
Count's Illness May Effect Recon-
ciliation with Wife
NEW YORK. Oct. 6.—Accompanied
by her father, a millionaire of Chicago,
the Countess de Beaufort arrived here
yesterday from Detroit and hurried to
the bedside of her husband, Count de
Baufort, the young Dutch nobleman
who was injured by a fall from his
horse Sunday. He is a patient at his
boarding house in West Thirty-first
street, but Mr. Kilgallon said he would
be removed to a hospital if he needs
such care.
Dr. J. S. Kolle, who is attending the
count, said that he is a "very sick
boy."
The countess, who has been living
apart from her husband, declined to
discuss reports that a reconciliation had
been effected.
POPULATION OF BUTTE
NOW APPROACHES 40,000
WASHINGTON, Oct. 6.—Population
statistics as enumerated in the thir
teenth census were made public today
by the census bureau for the following
cities:
Butto, Mont., 39,165, an increase of
8695, or 28.5 per cent over 30,470 in 1900.
Kansas City, Kas., 82,331, an Increase
of 30,913, or 60.1 per cent over 51,418 in
1900. .
Cedar Rapids, la., 32,811, an increase
of 7155, or 27.9 per cent over 25,656 in
1900.
Council Bluffs, la., 29,292, an Increase
of 3490, or 13.5 per cent over 25,802 in
1900.
Wheeling, W. Va., 41,641, an increase
of 2763, or 7.1 per cent over 38,878 in 1900.
WallingSord, Conn., 11,155, compared
with 6737 in 1900.
WILL TOUR SANTA FE
EXPLAINING CHARGES
TOPEKA, Kas., Oct. 6.—Planning to
educate its patrons with a view to es
tablishing closer relations between
them and the road, the officials of the
Atchlson, Topeka & Santa Fe railroad
will start next week on a trip at which
the questions of rates, valuation, cap
italization and maintenance will be ex-
plained. It is planned that every town
on the entire system will be visited.
At each of the towns a public meet
ing will be held at which the represen
tatives will discuss the various sub
jects pertaining to the road.
THREE WEST POINT
CADETS FACE DISMISSAL
NEW YORK, Oct. 6.—Three cadets
at West Point, all members of the first
class which will graduate in June,
face dismissal for the' "silence" re
cently administered to Captain Rui'us
Longan, according to the Tribune.
The board of inquiry is reported to
have recommended this punishment.
One of the three cadets is said to bo
the son of a high army officer.
BAY CITY STONE ARCH FALLS
SAN FRANCISCO, Oct. B.—A section
of one of the stone arches at the first
floor of the postofflce building col
lapsed early yesterday evening, the
heavy mass of masonry tumbling to
the floor with a crash. The buildlngr
was crowded with men and women,
who rualied from the place. Nobody is
known to have been hurt.
.FRIDAY MORNING, OCTORIJI 7, 1910.
WANTS PICO STREET
EXTENSION IMPROVED
D. A. Hamburger Asks Supervis
ors to Make Small Stretch
of Roadway Safe
D. A. Hamburger yesterday sent to
the board of supervisors a letter urg
ing that action be taken to put the
road which is an extension of Pico
street in better condition. His letter
follows:
"To the Honorable Hoard of Super
visors of Los Angeles county, Cal.
"Gentlemen: I would like to call
your attention to the condition of the
road, being the extension of Pico street
from the other side of the Los Angeles
and Pacific track to the Hammel &
Denker ranch. There is a little stretch
there of about one-half mile that is
almost impassable. The chuck holes,
gullies and ravines are something aw
ful now. It is the only way that the
people of the ocean district, from Ven
ice to Santa Monica, can come to the
city with their machines, all of the
other roads being closed. I would ask
you gentlemen if you would like to go
over the road. I will put my machine
at your disposal and ask you if you
will not kindly see to it that this part
of the road is put in passable order.
"Of course I appreciate that you are
building the roads and that in time
they will be completed, but I think
that the people of the bay district are
entitled to safety, both to their lives
and that of their automobiles. We do
not expect a perfect road, but if it was
so that we could go over it without
taking chances on our lives, and that
of our families, we would greatly ap
preciate your consideration. Tours
very truly, HAMBURGER .»
N. Y. SUPREME COURT HITS
RENO QUICK DIVORCES
NEW YORK, Oct. 6.—ln an impor
tant state supreme court decision, just
announced here, it is ruled here that a
woman who goes to Nevada for the
purpose of obtaining a divorce and then
returns to New York state is still a
wife.
It is declared that the New York
courts may arrive at this conclusion
from any evidence which shows that
divorce proceedings were instituted as
soon as she had remained in Nevada
long enough to satisfy the authorities
there that she had obtained a resi-
The Reno divorce, the court rules, is
void for want of jurisdiction.
AW to put IT away while
JL JL
a man hasn't sense enough to put IT away while
J Tffi&j* \ IT'S (oming In, how can lie have nerve enough to
/ <l*jisfral \ make a quick touch of a friend when IT is not
/ SwMj \ coming in? Even an ant knows enough to save
against hard times.
Merchants Bank and Trust Co.
207-9-11 SOUTH BROADWAY
PLAN CONFERENCE
TO BENEFIT CITY
North, Northeast and Northwest
Association Outlines Impor
tant Work of Improvement
EXHIBIT IS PREPARATION
System of Storm Water Drains,
Constructed Under Munici
pal Direction, Favored
The meeting of the North, Northeast
and Northwest Improvement associa
tion yesterday afternoon in the assem
bly room of the Chamber of Commerce
building was marked with greai. inter
est and the accomplishment of import
ant business relative to city improve
ments coming within the Jurisdiction
of the association.
The Rev. Dana W. Bartlett, who was
made an honorary member, brought be
fore the association the outline of the
first southwest city planning confer
ence, to be held in Los Angeles next
month, saying in part:
"To present such a plan for our
southwest cities, you are asked to co
operate in this city planning confer
ence by attending the sessions, by tak
ing part in the discussions or by fur
nishing an exhibit. The conference will
last three days, having three daily ses
sions, with papers read by experts. It
is desired to have exhibits, such as
drawings, charts, maps, plans, pictures,
stereopticon slides, models, reports,
books, etc., of civic, cultural, historical
and residential centers of this and oth
er cities, radial roads and boulevards, a
metropolitan park system and park
ways, street trees, terminals and de
pots, tunnels and subways, streets and
rapid transit systems, municipal hous
ing and the new concrete and other
material for inexpensive houses, baths,
playgrounds, recreation centers, fount
ains and statues, industrial districts,
factories, harbcrs and docks, municipal
railways, garden cities, water supply
and electricity, the planning of unde
veloped city areas, income from munici
pal ownership, and excess condemna
tion."
CONFERENCE FOB EXHIBITS
Will D. Gould, Mrs. M. F. Baker and
Dr. C. S. James were appointed on a
committee to co-operate with the Rev.
Mr. Bartlett to forward the conference
movement. .
President Joseph Mesmer reported the
abandonment of the proceedings in the
Alameda street storm sewer and later
als, In which the association had been
much Interested.
Thanks were extended to the com
mittee for Its work in regard to the
Alameda street sewer contention, and
also to the city council for its action
In ordering the proposed work stopped.
The association decided to request the
council to ask the city engineer to in
vestigate whether the storm water sys
tem is absolutely needed now for the
north, northeast and northwest dis
tricts, and to ask the board of public
works to obtain the opinions of other
engineers regarding the matter.
The association advocated a city sys
tem for storm water drains, to be con
structed by the city and not by dis
tricts.
tTRGE IWCUSVARD WORK
H F. Backer, J. Mills Davies ana Dr.
C. S James were constituted a com
mittee to call on Col Schreiber, cty
street assessment clerk, and other city
officials regarding the status of the
opening and widening of lower Sunset
boualevard, and to urge speedy action,
as property owners who have anxiously
worked for this improvement lor many
years were all clamoring for Its com-
Plßega'rdlng the Ord and Tale street
Improvement, the secretary was in
structed to send a letter to the city
engineer asking when the report on the
Improvements will be ready.
Kcsolutions deploring the Times dis
aster and denouncing the perpetrators
were adopted.
The next meetine of the association
will be held October 20 at 3:30 o clock.
During the winter months the hour of
meeting will be at 3:30 o'clock, instead
of 4 o'clock, as heretofore.
AUTO STRIKES MAN AND
CAUSES FRACTURE OF ARM
John F. Duffey, 38 years old, was
slightly injured yesterday morning
when he was struck and knocked to
the pavement by an automobile at
Third street and Central avenue.
Duffey suffered a fracture of the left
arm which was attended at the re
ceiving hospital, after which ho went
to his home at 461 Central avenue.
The automobile was owned and driven
by I. A. Wood, 464 North Vermont
Duffey was crossing the intersection
of the streets when the accident oc
curred.
SMUGGLED CHINESE
CAPTURED AT BORDER
United States Marshal Leo Youns
worth received a communication yes
terday from the federal authorities at
San Diego to the effect that five
Chinese were taken in custody there
after being smuggled across the Mexi
can lines by unidentified persons.
Charles H. Cameron, United States
immigration officer, and Deputy Sheriff
George Sears of Cajon were respon
sible for the capture. The Chinese will
be brought to I.os Angeles to await
the action of the immigration bureau
here.
BassTisnt ffliF>3£isX7Bfß siQ Msssßi&i Basement
Outfit the Boy in
Bullock's Bargain Basement
—You will find a most varied stock of everyr
thing for the boy —Suits, Trousers, Caps,
Ties, Underwear, Stockings—at prices that
Vq;-', \ v^%^ will greatly surprise you.
flfwllf —Boys' Knickerbocker Suits $2.48
gt I LSi —Boys' Knickcr Pants 59c
"^LL-T —Silk Ties for Boys 12& c
|\^T —Heavy Ribbed Sweaters 49c
Iff:' —Boys' Blouse Bargains 23c
hfL* —Dress Shirts for the Boy 39c
jL^w^ —Fancy Suspenders —Strong —15c
— ping Garments —Flannelette —29c
—Boys' Union Suits —Bargains —25c
—Good Wearing Stockings 10c
Everything a Bargain
In the Men's Section
' —Every much-wanted article of Men's Furnishings is here—
and see the prices at which they are quoted—strongest argu
ments in their favor. *;!
—Men's Khaki Pants 98c
'Premiere" Socks—Exceptional—l2^c
—Men'B Work Socks—Cotton— A c
—Heavy Ribbed Union Suits 98c
Fleece Lined Underwear, Garment, 43c
—Muslin and Flannel Night Shirts 48c
—Wool Shirfs and Drawers 89c
—Police and Firemen's Suspenders 19c
—All Silk Four-in-Hands 19c
Organized 1889 Assets Over $2,940,000.00
6^q NON-DEPRECIABLE /^®fo
H^^^^Sv
Jys' BY NON-DEPRECIABLE /Vv^
Ayrfy We mean that no matter what the con-
£rf dition of the trade markets may be, or
gf how much other securities may depre- *r^\%
Iff & ciate in value, the 6 per cent Certifi- \%
mi cates. of the State Mutual Building and . \ \
M 3 41 Loan Association will never be worth tt.tn.
B§ less than $100.00 —the price you pay 18
H| St for them. |1
pi In these Certificates we have ob- .11
til^J tamed a maximum of security com- r^ttm
■ bined with the maximum of interest §m
consistent with safety. Your principal im
%\^ is guaranteed — your interest is guar- Jt'/M
%\ anteed — you are guaranteed against /W
♦ loss by depreciation. /M '
Yet thene are not all thf adTantacm offered. fr'jfjv
jft. Call or Write for Further Detail*. jfJF
JS&&f&Jffi/rfM&7 S Sli
&&^ocj&fioj& i^ jmig
223 South Spring Street I'™' '^^
V <>
Do You Want a Sunken Garden?
Do You Want a Hill-Side Site?
You can get contours, most fertile soil, and
other advantages that will make the finest gar
dens in the county at Verdugo Canyon. Beauti
ful view, salubrious climate, finest natural parks
in Southern California.
Landscape engineers and artists will - say
Verdugo Canyon is the place for you.
35 minutes to city by electric line.
Large villa lots, low prices and easy terms.
You have only to see this property to say it
is the most charming place.
Jno. A. PIRTLE 40° Won Trait Jlhlg.
Jno. A. FlKlLJir Tei. i-00-i3.
_____________-
jiii mm _■ i ,i For sood truak*.
>ffl£o^£c^<£<:7i ravelin! bag*
f~Y"- ,r f—~. %3Q14 md rirei-" •»"
I | 7gJ G.U.Whitney
tabUabed and uiuit reliable trunk nianola*.
larar. iltar* and Xactory, *3« B«atb aUU.
Editorial Section
23,000 SHARES
of tli» Capital Stock o(
Mutual Home Bldg. Corporation
Now offered at SI. per share,
SO3-208 IUQGIK3 IH.ILJJLNU.