The Pensacola journal., January 03, 1920, Page 2, Image 2

About The Pensacola journal. (Pensacola, Fla.) 1898-1985

Image provided by: University of Florida

                
mzml THE FSNSACOLA JOURNAL, SATURDAY MORNING, JANUARY 3, 1920.
STATEMENT
, STATEMENT
ANKING, SAVINGS & LIU
mp a I
ia.ii it
PENSACOLA, FLORIDA.
AT THE CLOSE OF BUSINESS, DECEMBER 31, 1919.
AT THE CLOSE OF BUSINESS, DEC. 31, 1919.
WV
RESOURCES
Loans and Discounts . .w. $2,415,557.44
Overdrafts . . 151.77
Banking House and other Real Estate 266,396.61
Federal Reserve Bank Stock, Claims,
etc. . . 23,894.59
U. S. Bonds and Certificates of
Indebtedness 1,377,241.99
Other Bonds owned . 286,525.00
Cash in vault and due from banks and U. S.
Treasurer 1,503,709.03
, $5,873,476.43
No. 1 Continued Forn
Page One
all -cognise the need St is for a
st tor gor. finer, happier Americaniza
tion. We can compel aliens to respect
t ur forms of government, or get out.
and .hat we must do. And at the same
time we are under the profound ne
cessity of earnins that respect from
nil right-thinking men.
'We are hearing strong preach
ment against profiteering and extrav
agance. Yet it is. hardly dawning
upon ;ie public mind that we can be
paying excessively for government, as
well as for pugar, meat or fuel.
"A government made up of a large
num 'jer of bureaus, departments and
commissions, each one eager to make
a showing, each bent on getting and
ppeniing as much as possible of the
pu.bl c funds, has been the rule-
"Any large corporation following the
example of a state or national govern
ment, would promptly go bankrupt. In
Illinois wo have undertaken noshing
wildly theoretical; wo have not in
flu'gid in the pyrotechnics of a 're
form' crusade; we have merely intro
duced into government the tried
methods of business efficiency which
have, been developed hy the directive
..cuius of American industrial leaders.
"soil ing new, at all.
'Illinois formerly had
r Is and commissions
in. Xo one man.
i:.en. were responsible,
vns put on spending.
"V'e now have nlr.o
123 separate
handling its
no score of
A premiuir
department
whote chiefs reside at the state capi
tal and are held individually account
able. "Our lowered tax rate shows the re
sult. I do not care to go into details
as to what we have accomplished it
In a 1 a ma.er of record."
NEGRO HIGHWAYMAN
CREATES EXCITEMENT
A negro h'ghwayman. believed to
have run amuck, caused considerable
exci.ement in the downtown district
last night by displaying not one pis
tol tut two iri his hold-up efforts. The
police were called out shortly after 9
o'clock and scoured the entire district
but found nothing of the negro. The
negro was first heard of by his hold
ing jp several small children on Bay-lsn-:jt..
displaying the two guns and
demmding hands up. Xot finding
mucl results from the small victims
he next entered a house on Spring
st., near the intersection of Garden. A
lady inside saw him and notified the
police which frightened the negro
away. So far as could be learned the
nrgio never got anything in his hold
up f f forts.
An accurate description of the negro
was given by the children and by the
lady in the house where he next ap
pealed. II was a tall, black negro,
worn a lonj; overcoat, had a black
mass over his face and a straw hat.
The police department is still looking
for the negro.
Stomach
Out of Fin?
Phone your grocer of
tjrussist for a dozen bottles
of this delicious diestar.t.- a glass
with meal give delightful relief, or
no chtrga for the rt dozen ueJ.
Shivar Ala
mi CICESTIYE M0MAT5CS MTU
SHIVAR tSlHEBAl WATE8 AH 3 CIJHEB
Nothing like it for renovating old
'rom out stomachs, converting food
into rich blood and sound flesh.
Bottled and guaranteed by the cele
brated Shivar Mineral Spring, Shel.
ton, S. C If your regular dealer
cannot supply you telephone
West Florida Grocery Co.
Waolcial DiitriWor for Peasacola.
NO. 2 CONTINUED FROM FIRST
PAGE.
the later hours of the night.
"Everywhere employers of labor are
calling for men who will work and it
is our intention to cooperate with
these employers," said Chief Ellis in a
statement to The Journal last night.
"If a. man has no visible means of
support," he said further, "then we
are going to make Pensacola a city
where he had better not plan on stay
ing very long. If the people of the
citj will cooperate with us we can
stop this burglarizing and robbery
that is getting too common by ridding
the town of these people in a very
short time."
Solicitor Fisher said practically the
same thing in connection with th
work of the county. "We have good
hard work for all people who do not
intend to make an honest living," he
said. "UTicl we are going to see to it
that they get their full share if they
stay in Pensacola. There are plenty
of demands for working people here,"
he said further, "and unless a man
wants to work he better not stay
for the county needs a great deal of
hard road building and some of these
would-be burglars and robbers who
are here now will help build these
roads free of charge if they stick
round."
INSTALLATION OF
CLERKS OFFICERS
For the installation of the officers
of the organization the Association of
Railway Clerks held a formal ban
quet last night In the banquet room
at Ilughey's. Besides the members of
the organization the local officials of
the' L. & X. railway were present as
guests of the association. The ban
quet is an annual affair with the
clerks at the time of the installation
of officers for the new year.
AUTO ACCIDENT AT
LLOYD AND DAVIS
T. J. Shelby, driving an automobile
ran into an electric light pole late yes
terday afternoon, breaking the pole off
and carrying It on the front of his
car for some distance. The driver
narrowly escaped serious injury in the
accident. The car was not damaged.
MAN xVCCIDENTALLY
SHOT WITH 22 TARGET
Frank Josey, of 713 East Gregory
st.t was accidently rhot yesterday aft
ernoon by a 22 calibre rifle bullet. The
bullet went. through the lower part of
his leg without other than a painful
wound. Floyd "Williams is charged
with discharging firearms in the clty
Ilmits as the result of the accident.
JURY DISAGREES
IN HALL CASE
Unable to Reach a , Verdict
After Eighteen Hours
Debate
Manassas, Va., Jan. 2. Unable to
reach a verdict, the jury in the case
of W. C. Hall, prohibited inspector,
charged with the murder of Law
rence Hudson during a raid cn al
leged bootleggers, was dismissed to
day. On motion of Prosecuting Attorney
Thomas II. Lion, a third trial for Hall
was set for April 5. He was released
on $2,500 bail.
Cases against Deputy Inspectors
Duleavy. Sweet and Sullivan, jointly
indicted with Hall, were nolle rossed.
The jury was out eighteen hours.
It Is understood they stood 9 for
conviction against 3, for acquittal, the
attitude o fthe minority causing this
statement to the court: It is abso
lutely impossible to reach a wdlct."
EFFORTS MADE TO
' "DRY" BROOKLYN
New York, Jan. 2. Eleven revenue
agents from the "moonshine country"
of West Virginia, Kentucky, and Ten
nessee, went into action in Brooklyn
today to enforce prohibition and be
gan by arresting two of the proprietors
a bartender and waiter at one of the
biggest and most popular cafes.
LIABILITIES
Capital Stock $ 500,000.00
Surplus . . 100,000.00
Undivided Profits 1,030.43
Reserved for Taxes 3,000.00
Circulation 499,997.50
Deposits . . 4,769,448.50
MARKET REPORTS
. s
Xew Orleans, Jan.
tures opened steady.
January
I. Cotton fu-
39.43
Xew York, Jan. 2.
opened firm.
January ,
otton futures
38.10
36.15
32.90
29.75
March
July ..
October
Cotton closed steady; closing bid:
January 3S.34
March 36.50
May " ,34.98
July 33.0S
October 39.73
Liverpool, Jan. 2. Cotton spot
in
good demand; prices irregular.
Good middling 31.fct
Fully middling 30-41
Middling
Low m5 JMng . .
Good ordinary
Ordinary
29.16
26.61
23.66
22.66'
5,000
Sales 10,000
bales, includin
American; receipts 32,000 bales includ
ing 20,100 American.
Futures closed firm. '
January
March
May
July
27.82
20.07
24.31
22.S7
October 19 9
Xovember 19.43
December .5J.l
Xew Orleans, Jan. 2. A much high
er Liverpool than clue .was responsi
ble for a buying wave in cotton on
the opening today and in the first half
hour of trading, prices gained 24 to
64 points, January rising to 39.62.
Shorts were disposed to cover on con
tinued accounts of an extremely good
trade demand for actual cotton be
neath the surface, although southern
spot centers generally were reported
quiet.
The lifting of the freight embargo
on cotton shipments to this port had
the effect of further increasing the
steadiness of the market, but values
were held within bounds by realizing
sales from the long side. Late in the
morning the trading months were at
gains of 37 to 63 points.
Xew York, Jan. 2. The cotton mar
ket showed renewed strength this
morning. Traders found nothing of a
discouraging character in the over
holiday news, while Llverpol reached
a further big advance with near
months relatively firm on buying for
Manchester account and the opening
here was firm at an advance of 15
to 40 points on active pvitiona and 90
points higher on August. There was
an increased volume of business and
fresh buying for both trade and specu
lative account based on the expecta
tion of improving general business
conditions as well as the strength
abroad. January sold up to 3S.2S,
making a new high record and a net
advance of S3 points, while March sold
at and July at 33.15 or 42 to 57
points net higher during the early
trading. , ,
The volume of business tapered off
during the middle Of the morning and
there were reactions late in the fore
noon under realizing. The disposi
tion to take profits was probably In
creased by rumors that labor troubles
on the railroads were to be apprehend
ed, within a month if steps were not
taken to increase wages or reduce
costs of living. There was no great
volume of selling, however, and the
market was comparatively quiet
around midday with March selling at
36.10 and July at 32.S0 or about 22
points net higher.
ENGLAND PLANS
TRADE OFFENSIVE
Will Send Touring Trade
Exhibits to Various
Possessions.
- London. Jan. 2. The British gov
ernment is planning a great overseas
trade offensive. Sir Hamar Greenwood,
head of the department of overseas
trade, declared today during an inter
view outlining the scheme, which in
cludes sending touring trade exhibi
tions tcr South Africa, Australia, Xew
Zealand. Canada and possibly the
United States and South America.
$5,873,476.43
JELLICOE VISITS
STOCK EXCHANGE
Former British Sea Lord Is
Guest of Charles M.
Schwab
Xew York, Jan. 2. Admiral Vis
count Jellicoe, former first sea lord of
Great Britain, began a week end visit
to Xew York today as a part of bis
post war tour of the world. He is
the guest of Charles M. Schwab. Ha
visited stock exchange where busi
ness was suspended and he was
cheered. He inspected the navy yard
at Brooklyn and will leave for Wash
ington Sunday.
JAPANESE OFFICERS
TOURING MEXICO
Eighty Officers and Men
Guests of Carranza
Government
Are
Mexiio City, JanT 2. Eighty officers
and - man of the Japanese cruiser Ya
KUmo, which anchored taff Manzanillo
Shis morning, left this arternoon in a
special train for Mexico City, accom
panied by a Mexican military recep
tion committee. The party, consisting
of five higher officers, headed by Capt.
Usagawa, 51 cadets and a band of
marines, is due at Mexico City Satur
day, whero plans for an elaborate re
ception have been made.
GERMAN LINERS
OFFERED FOR SALE
Must be Bought and Used by
American Shippers
Soon
Washington, Jan. 2. Thirty former
German passenger ships seized when
the United States entered the war.
including the Leviathan, the largest
vessel afloat, the Agammemnon, and
the George Washington, were offered
for sale today by the Shipping Board.
Bids will be received only from
American buyers and must include a
pledge to use them in lines designated
by the board.
LIGHT KEEPERS
ARE STARVING
Steamer Montcalm Will Mako
Another Attempt to' Reach
Belie Isle
North Sydney. N- S.. Jan. 2. The
Canadian government steamer Mont
calm started-earlv today on another
attempt to reach Belle Isle with sup-
t ; e it.. ' . 1-
plies
O
are
lacing siarvauou. ine wmica'm
-try to get to Belle Islo by goins
ti 1 1 1 4 ".
around the cast coasi of Xew Found
land. RAILROAD DEFICIT
GROWING LARGER
Washington, Jan. 2. The govern
ment deficit from railroad operation in
November will be approximately $64,
5C0.0C0, a new record for the year, ac
cording to the bureau of railway eco
nomics tonight. December returns
were forecast recently by Director
General Hine?, as bringing another
decline on account of the coal strike.
NC-4 IS MAKING
HER LAST FLIGHT
Will Be Dismantled and Placed
In Smithsonian
Institute
trans-Atlantic seaplane NC-4, Lieut.
Comdr. A. C. Read commanding, left
here early today for Kockaway Beach,
L. I. from where after dismantling,
the craft will be shipped to "Wash
ington and be placed in the Smith
sonian institute. The NC-4 arrived
here from Pensacola.
RESOURCES
Loans and Discounts $339,473.13
United States and other Bonds 121,977.35
Furniture & Fixtures .. 7,500.98
Cash & Exchange 266,015.63
KNIGHTS PROMOTE
AMERICAN IDEALS
Xew Orleans, Jan. 2. Delegates to
the supreme assembly of the fourth
degree Knights of . Columbus today
discussed plans for a widespread
campaign to promote Americanism,
education and patriotism and to
fight bolshevism. John II. Reddin,
of Denver is president of the assem
bly. . '
SOVIET RUSSIA
MAKES ADVANCES
London, Jan. 2. M. Tchltcherin, bol
shevik foreign minister, has proposed
to Italy resumption of relations be
tween Italy and soviet Russia, point
ing out "imminent capture of Black
sea coast by Soviets will open the
Black sea route to Italy," says a Mos
cow wireless message.
THE CHEERFUL CHERUB
laraeBanBUMBnacmBnmB
The world rrva-v jeem
and ir vwn
But I feci vt's more
dignified noV to
complt-lrk .
i
a
FISHER-BROWN
We Will Bond You
918 l'honss 919
Phone 1783
T. E. WILLIAMS & CO.
Furniture
SO E. Wright. Phone 1993
kBAICER'Si
OCOAl
M .v Dinner
-.',3' rliCGZ.--t c:m
Any iimt that any one
want a cklicious drink,
with a rssl, satisfying,
sustaining food value.
Yfc guarantee its purity and
high quality. We have
been makiag chocokte and
cocsa for nearly 140 years.
WAITER. BAKER & WZ
ttffji??'1 POSCKESTIPv.t'MASS
0 A J
&le Luncheon
mmrrr"4
LIABILITIES
Capital Stock $100,000.00
Surplus 7,000.00
Undivided Profits 1,742.99
Reserved for Taxe3 3,103.39
Deposits 623,720.71
$735,507.09
$735,567.09
11 fi
WHO
IETAIL
VANCAMPS TALL CREAM i r
CAN JLtjL
VAN CAMPS SMALL CREAM Off
DOZ OOl
YOUNG CHICKENS 45 C
COUNTRY HENS Mn
PER LB... 4iUL
HONEY BOY S. R. FLOUR J gg
COLONIAL FLOUR PLAIN i np?
24 LB JUOtP ?
COTTOLENE 8 LB OfZK''
BUCKET . . jLi.sjO
COTTOLENE 4 LB. 1 QK
BUCKET JUOtJ
COTTOLENE 2 LB TA
BUCKET . . 4
COMPOUND LARD 60 LB. CAN , OCT 1.
LB UO-
CALUMET BAKING POWDER OArt
LB.
VOTAN COFFEE, PURE fl(s
PER LB DHL
MAXWELL HOUSE COFFEE 50 C
QUAKER OAT MEAL 3 BOXES r
FOR tJftJKf
U. S. MARINE TOBACCO .
3 FOR &J,
PRINCE ALBERT TOBACCO 9f
2 FOR 6dOs
BULL DURHAM TOBACCO 9
3 FOR
CAMEL CIGARETTES 1 60
CHESTERFIELD CIGARETTES ' 1 PT
PER BOX iW
DUCK HEAD OVERALLS f? TfV
PER SUIT '. OU
1
egate
The Cash and
priiig Garden Market
Corner Spring and Garden Streets
PHONE 234
Fresh Western Meats, Green anjl Family Groceries. Fresh
Western Meat3 Received Daily ; Chiclcens and Western
r Pork and Other Produce will be found in our store
- at all times. Phone 234 We deliver.
We deliver your Meat and Groceries right in your door
in or shine. .For saving money and time,'give us a trial
ra
Phono early 23 1
MIKE DROSSOS, Pron.
WE SELL FOR LESS BECAUSE WE SELL FOR CAH
LESALE AND
1
i
Ur
i 1
fi
B
p.
Grocery Co.-
Carry Store'
3
EE
(