Newspaper Page Text
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 (