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THE WILMjCNGTON MESSENGER, TUESDAY, JANUARY 9, 1908
THE BANKS OP THE SOTJTII.
The Charlotte C3ironlcle makes tfco
statement that southern banks are
loaning money to banks at the north
and in some cases are" actually ship
ping the cash; that "one of the Char
lotte banks has done the latter." The
same condition exists in. Wilmington.
For six or ight weeks the banks of
our city have been helping run those of
the north by loaning them of their
heavy deposits. This is a remarkable
state of affairs. It is hard to believe that
the banks of the south are coming to
the aid df those of the big money
centers f the north. Our Wilming
ton banks have a tremendous amount
on deposit. Of course this money must
be used and not allowed to lie idle in
the vaults of the banks if the latter
wisn to realize any profit on their bus
iness. It seems the home demand for
money is not sufficient to take up all
the funds the local banks have fot
investment, so they are placing loans
at the north. For years past the banks
of the south have been compelled each
year to make arrangements with their
correspondents at the north for secur
ing funds wherewith to move the cot
ton crop. This money was advanced
early in the fall on short time loans
and the cotton farmers and middle
men had to rush the cotton on the
market as soon as it could be gathered
and marketed in order that the south
ern banks could return the money to
the northern creditors. This year,
though, conditions are very different
The cotton crop has not yet been mar
keted and the banks in the cotton belt
are supplying all the money needed to
put the crop on the market and have
a surplus of deposits which they send
north for investment. This is wonder
ful indeed and is the result of the re
markable financial growth of the
south. The increase in the banking
business of our section in the last few
years has been phenomenal the re
sult of increased business of all kinds
and enlarged returns on investments
of all descriptions.
The. Manufacturers Record contains
an article on "Banking in the South,"
in which it gives some figures showing
the wonderful growth of this business
in recent years, the result of improved
conditions here and also a fair and
true index of those improved condi
tions.' We gather the following facts from
that article. In 1880 there were only
200 national banks in the entire south
from Maryland to Texas, with a com
bined capital of $45,598,000. Now there
are 1,221 such banks with a capital
of $126,037,000. Twenty-five years ago
the surplus of these southern banks
was only about $9,000,000, while now it
Is $50,257,000. Within the same period
deposits in national banks in the south
have grown from $64,729,000 to over
The growth of the banking business
in the south can be better understood
by comparing it with that of the busi
ness in other sections of the county.
The number of national banks in the
entire country has increased 175 per
cent, while the increase for our section
has been 44o per cent. During these
twenty-five years the national banking
capital of the country increased from
$457,553,985 to $799,870,229, an increase
of 74 per cent. The south's growth in
this item was from $45,000,000, to $126,
000,000, or 176 per cent. Again, dur
ing this period the surplus of the na
tional banks tff the whole country in
creased 246 per cent."7" while that of
the southern banks reached the figures
of 457 per cent.
While there was wonderful growth
in the banking business of the south
during the first twenty years of the pe
riod for which the figures are given
above, the increase since 1900 has oeea
even more remarkable. The greatest
progress proportionally has been made
in the last five years.
These facts and figures are sufficient
to give an idea of the immense strides
the south has made in commercial, in
dustrial and financial development in
the last quarter of a century and this
forward movement is advancing each
year with increased rapidity. For each
year the percentage of increase in bus
iness of the kind is greater than that
of the year before. The growth, while
almost phenomenal in its rapidity, is
of a solid and substantial character.
The improvement is on a solid and firm
foundation. None of it has been
brought about by spasmodic spurts or
IT WAS BOUND TO COME.
We said It would come otvt. Subse
quent events show that VS& were cor
rect. The News and Ofoserver opens
op on The Industrial N ews with nearly
a column editorial because of that pa
per's advocacy of a change of schedule
whereby the midnight train on the
Southern road will leave Italeigh at 12
o'clock instead of lying over there un
til about 2 o'clock. The News and
Obierver begins its editorial with this
Butler's Venezuela and South Da
kota radical daily organ at Greens
boro, devoted one-half a column yes
terday in an editorial headed, "A Nuis
ance A Remedy," to demanding of
the corporation commission that it
force the Southern railway to discon
tinue a schedule of twenty years stand
ing in order to injure The News and
Observer, and deny the people of
central, piedmont and western North
Carolina an unsubsidized democratic
paper from the state capital. Its sud
den zeal has the same motive as that
which prompted the zeal of Demetrius
and the other silvermlths in the wor
ship of Diana.
The News and Observer goes on to
say that if "Butler's organ" could ef
fect a change it would be done for no
other purpose than to injure The News
and Observer, thereby working a
"great inconvenience every day to
something like three thousand people
living , west of Italeigh." From the
above it will be seen that The News
and Observer has raised its figures as
to the number of people "living west
of Raleigh" who would be inconven
ienced through the change of schedule
by not getting the paper as soon after
publication as they do by the present
schedule. In its editorial of Decem
ber 17th, wherein it opened fire on
The Times it placed the'number of per
sons who would so suffer at "over two
While this fight is of no interest to
any one but the papers involved, it
gives outsiders some amusement in
watching its progress. Times are
pretty dull just at present. There is
nothing of interest going on in the
state except the fight in the republi
can party over the few offices. So the
people naturally turn to this newspa
per war as a relief from the stagnation
in public matters and, no doubt, many
readers of the Italeigh and Greens
boro papersi hope this one will not end
so abruptly as did the one The News
and Observer started over the same
subject matter with The Raleigh
Times. That war of words was
brought to a startlingly sudden close
by an editorial in the latter paper,
and nothing more was heard of this
schedule fight until the "unsubsi
dized democratic paper from the state
capital," turned its guns, which The
Times had temporarily silenced, on
"Butler's Venezuela and South Dako
ta organ at Greensboro."
The Messenger, from past experi- !
euce, can sympathize with The News
and Observer over any fear it may
have of the prospects of a schedule
which will delay the delivery of its
papers to a large number of subscribers
for twenty-four hours after publica
tion. We had that disadvantage to
contend with for a long time and we
know what it means.
It looks like a few hangings in South
Carolina might do some good in
the way of putting a stop to mur
ders 'there. The Winston-Sentinel
Nine homicides in one state in. the
course of one day is not a very en
couraging record but that was South
Carolina's record a few days since.
There is need in South Carolina of a
strong public sentiment to cry out
against this form of lawlessness espe-
ciitny. me courts or mat state now
have an opportunity to uphold the
good name of the state.
The action of the North Carolina
cotton growers at their recent conven
tion in Raleigh shows that they mean
business and are in the fight against
low prices to stay. A splendid set of
officers and delegates to the big New
Orleans convention was chosen The
national convention of cotton growers
will find the North Carolina brethren
have a plenty of tar on their heels as
well as sand in their craws. They can
count on the Tar Heels to stick in their
tracks when they take a position in the
interest of their people.
If Mr. Anderson's suit is likely to act
as a boomerang it has created a
mighty stir among the politicians
whom he has made defendants. The
back-action of the boomerang has not
shown up yet
We agree with The Industrial News
In one thing that it would be better
for Governor Glenn to turn his atten
tion to having enforced what prohi
bition laws we now have in the state
before attempting to have others enacted.
The daily bulletin for January 2nd
of the Manufacturers Record says:
The Beaufort and Western railway
has, it is reported, let a contract to
the General Contracting and Engineer
ing Company No. 15 Whitehall street.
New York! to build its proposed line
between Beaufort and Morehead City,
N. C-, three miles.
The only republicans in the state so
far who have "landed" were two who
have not been pestering the life out of
the president about their appointments.
Wonder if Senator Depew can turn
into a joke that resolution calling for
his resignation. It would have one ad
vantage over his others. It would nec
essarily be a new one.
Those fellows who resolved last
Monday not to make any good resolu
tions have the advantage in one re
spect of those who did. They will find
theirs easier to keep.
Now that Odell has been shelved the
next thing on the programme in New
York republican politics is a fight
among those who shelved him.
Now the chorus girls organize a un
ion and go on strike. Who next?
That 3Iileage Grab.
Figures showing the extent of the
mileage grab by members of Congress
are interesting, according to the Bir
mingham News, which is a mild and
charitable and charitable wav of ex
pressing it. Criticism of the methods
in vogue is legitimate, inasmuch as the
members voted this bounty upon them
selves and they are perfectly willing to
accept what comes regardless of the
howl from the public. So far as that
goes, those who howl today would
gladly take the rich pickings, and the
Democrats and Republicans alike are
not above it. For instance, a member,
from Baltimore receives $16.80 to pay
his railroad fare when the rate is
only $1.25. When he has added 25
cents for a seat on a Pullman train
and another 25 cents as a fee for the
porter he still profits greatly by the
transaction and he will continue to
stand by the grb,now that the Penn
sylvania railroad has abolished all ree
passes. A member from Texas re
ceives $800 as hi s mileage expenses,
which is sufficient to send him to
Europe and back provided he is not
too extravagant in his style of travel
ing. Unfortunately our Birmingham
contemporary failed to give amount
paid to members from North Carolina,
although all of us have a pretty clear
idea of the cost of a ticket to the na
tional capital. The public well re
members the attempt by certain Con
gressmen, not all of whom were Re
publicans, to demand mileage on one
occasion when a technical recess was
ordered. The distinguished statesmen
did not return home. There was no
time for that, but they wanted the
money. Degitimate expenses snouia oe
paid, but there is no excuse for this
small grafting. Government expendi
tures, as President Roosevelt believes,
Should be curtailed and the reform
ought to begin at home, which is to
say, in Congress. Raleigh Times.
The soothing and comforting effects
of DeWitt's Wtch Hazel Salve, when
applied to Piles sores, cuts, boils, etc.,
subdues pain almost instantly. This
Salve draws out the inflammation, re
duces swelling: and acts as a rubefa
cient thus circulating the blood
through the diseased parts, permitting
or aiding Nature to permanently re
move the trouble entirely. Sold by ft.
RAILROAD 3IEN IX GOLDSBOKO
With Corporation , Comiiiiision ami
Many Citizens, Uic Proposed Union
Depot Matter Was Dicned.
(Special to The Messenger.)
Goldsboro N. C, January 4. The
day that Goldsboro jteople have been
looking forward to for relief has ceme
and gone, and so has the railroad com
mission and the railroad officials. It
had been decided ;bat the commLssion
would meet the lailroad officials here
today, and pass upon the question of
a union passenger depot for our city
The meeting was held in the city hall.
and was attended by a large number
of citizens who are anxious for :he
depot. The question was discussed in
all its details, with the result that the
railroads have asked for and were giv
en ninety days time to consider a lo
cation for the depot. Officials of the
Southern, Atlantic Coast Une and the
Atlantic and North Carolina railroad
met the commission here and express
d a .willingness to build a depot if
a location could be decided upon.
During the discussion of the subject
tne railroads were asked if they were
willing to take up their tracks from
the center of town and carry them
around the city. They intimated that
they might be willing to do so provided
they could secure a right of way with
out a heavy cost. This is the plan that
a large number of people would like
to see carried out. There are still
ethers who wish the present inconve
nient arrangement to remain as it is.
and there are still others who want
the depot built in the northern part of
the city, where the railroads own prop
erty that could be used to advantage
for a location for the deftot. All three
of these factions had delegations pres
ent this morning and had their say
before the commission. Of course the
railroads and the commission will not
please everybody, but judging from the
expressions at the meeting this morn
ing it is quite certain that Goldsboro
is to soon have the passenger depot
that it has so long needed and to
which it is justly entitled by reason
of its location as a railroad center and
its large passenger traffic.
NOW IS THE TIME
CA. CANE SYRUP.
I THE BEST FLOUR!
J ON THE MARKET :
r Colonial' Best Patent
Silver Coin' Half Patent
CUBAN BLOSSOM" Cigars
are sold at all stores
North Carolina shows up pretty well
among the sounthern states in the pro
duction of the precious metals for last
year. She comes second in the pro
duction of gold, South Carolina lead
ing; and also second in the number of
ounces of silver mined. But for the
shutting down of some of her . gold
mines for installing improved ma
chinery and for other repairs she
would no doubt have headed the list
in the production of this metal.
Request of Greene and Gaynor.
Savannah, Ga., January 4. Messrs.
Greene and Gaynor. who are to be
tried in the United States court this
month for conspiracy, have made a
written application to Judge Emory
Speer for permission to be present
when the names of those from whom
the jury will be selected are drawn.
When they were indicted the names of
all Savanuahians were taken from the
grand jury Hst Judge Speer has not
yet acted upon the request.
Bf art tbe
TfcB Kind Yea Have Always Bct$!
.Advices From the Baltic Provinces.
St. retersburg, January 4. fThe
government advices from, the Baltic
provinces are fairly satisfactory. The
troops are acting energetically in all
directions. Three columns are operat
ing in Livonia. Several cities have
been taken. Small expeditions are be
ing sent to the villages to arrest the
1 DID YOU STOP
TO THINK WHAT
USEFUL XMAS i
Are to be had at our store.
ROLLER SKATES, Single and
Double Guns, Rifles, Huntins
Coats, Vests and Legsings U. M.
C. and WINCHESTER AMMU
NITION, Pocket Knives, Scis
Gillett Safety Razors I
Table Knives and Forks in
Ivory Handles and Silver
Plated. Carvinsr Sets and Steels. '
Rochester Chafing Dishes with ..
a book of susgestions and chaf- 4
ing dish dainties. You will be
suprised to know how low our T
prices are on the above. JL
J CALL AT OUR STORE AND SEE t
We give Southern Trading T
Stamps with cash purchases.
WE ALWAYS LEAD
AND NEVER FOLLOW.
Try our Washington Bread.
Try our 3Iolhers Bread.
Try our Washington Biscuits 5c a doz.
The Best Pound and Fruit Cake on
Let us Bake Your Fruit Cakes,
WARREN'S STEM BAKERY,
R. F. WARREN. Proprietor.
22 North Front Street.
PHONE 243. '
'4 WHOLESALE GROCE"
Land Entry 1902.
STATE OF NORTH CAROLINA)
New Hanover Count IT.
To W. II. Biddle, Entry Taker for New
The undersigned L. M. Bryan, of the
County and State aforesaid enters and
lay claim to the following: described
piece or parcel of land situate in Ma
sonboro Township, Xew Hanover
County, North Carolina. The same
being: vacant and unappropriated land
and subpect to entry viz: bounded on
the North by the Davis tract of land,
on the South by L. A. Bryan' tract, on
the West by the Cape Fear River and
on the East by the Stein tract. Davis
tract and L. A. Bryan's tract. Contain
ing: by estimate about 50 acres.
L. M. BRYAN,
Entered this 28th day of December,
Filed this 28th day December. 1905.
W. H. BIDDLE.
Register Deed and acting Entry Taker,
by T. O. BUNTING,
Deputy Register Deed and Acting Dep
uty Entrv Taker.
dec 29 30t
RICHARDS & COOPER,
402 SOUTHERN BUILDING,
Wilmington - - - N. C.
HUGH MacRAE & CO.,
25 NORTH FRONT.
We can use. subject to suddIt. $1,000
to $5,000 NORTH CAROLINA 4's
1901. at 103.
Send ns a list of your wants and
offerings in COTTON 3HLL STOCKS,
BANK STOCKS or anrthine you may
hare in this line.
The Kind You Have Always Bought, and ivhlclt lias beca
in use for over 30 years, lias borne tbo sljrnatnro of
and lias been made under Ids per
sonal supervision since its infancy
Allow no oie to deceive you in Ofcfe
All Counterfeits, Imitations and Just-as-good" are bat
Experiments that trifle with and endanger the health of
Infants and Children Experience ajjWnst Kxperlnientt.
What is CASTORIA
Castoria is a harmless substitute for Castor Oil, Pare
goric, Drops and Soothing- Syrups. It Is Pleasant. It
contains neither Opium, Morphine nor other Xarcotio
substance. Its age Is its guarantee. It destroys Worms
and allays Feverishness. It cures Diarrhoea and "Wind
Colic. It relieves Teething Troubles, cures Constipation
and Flatulency. It assimilates the Food, regulates tho
Stomach and Bowels, giving healthy and natural sleep
The Childrens Panacea The mother's Friend.
Bears the Signaturo of
The KM You Have Always Bought
in Use For Over 30 Years.
COMHDt, TT MUMMV TPICT. MCW.VOftK CIT,
For theJSeasonfs Range
and Stove Business.
We have rolled np pur sleeves and
are coins In to sell more than we hare
ever done. .And. aa the stove arc
Buck's the ereateat line In the world
and as we hear nothing but the most
enthusiastic reports from all users
why should we not feel enconraeed?
Buck's have been built for close on to
sixty years now (59 1-2, to be exact:)
and if they were not all and every
thing that is claimed for them the
company would not now be the Larg
est Exclusive Stove Concern In this
country: Would they?
SWeJJwouldSlikeDto have you
callland see this great line.
Springer & Co
Dr. Williams' Indian Pile
Ointment will cure Blind.
lileeaine and Itcnlnz
Piles. It absorbs the tumors.
allays tbe itching at once, acts
as a poultice, elves instant re
lief. Dr. Williams' Indian Pile Oint
ment is urenared for Piles and Itch-
Uing of the private parts. Every box is
warranted, uy urujrpisix, uj man on re
ceipt of price. 60 cent and $1.00. WILLISMS
ttAtiUFAC iUBJXG CO.. ifrops.. Cleveland. Otic
Cocky Mountain Tsa Kuggets
A Bciy Medll& Dr Bmj Peplf. -
. Crags Goidea Health a&3 KtHc-ed Vigor
A specific for Constipa'ioo, Indirection, ZJvo
mad Kidney Troubles, Pimple. Eczema, Impure
Blood. Bad Breath, Sluggish Bowels, Headac&e
and Backache. Ifa Rocky HoonUiu Tea to tab
let form, SS cents a box. Genuine mad bf
XZouunm Daco Cokpakt, Uadlaoa, Wis. i
and with it many pleasant remembrances. Our country and our people have
had a cry successful year and Geo. O. Gay lord's IJIk btore had the best year
it lias ever had.
We feel that our store is a benefit to the people and we are sure that we
appreciate it. We lutve sold our good for les profit this year tlian ever be
fore and in consequence we have sold more of them.
We do only a cash business thereby cutting out all losses.
We have paid our bills In cash and have gotten the discounts and given
that discount to our customers In the way of presents.
The year of 1906 is here. It finds u much stronger financially tlian 1905
did. It also finds us with a good dea! more experience and a very large
rtock of goods bought at low prices.
While other merchants have advanced In their prices on goods, we u ill
for some time longer continue to sell a low as we ever sold In our lives.
Our wholesale millinery business is now ready for the spring of 1906. Our
line of sample Hats are ready for inspection. We feel sure that we can com
pete with any house in the country and want to ask all the merdiants of this
t-astern country to give us a chance to supply them with their spring goods.
Our trimmed liats are always good sellers and the reason why they sell better
tlian other hats is that they are trimmed to suit tins people of this community
nd they are trimmed by the same milliners that trim our retail liats In busy -'
season who are all high grade, good milliners.
We have onr wholesale trimmed hau for $4-0, $6.00. $9.00. $10.50. $12.00.
$1S.Q0, $18.00 and $21.00 per dozen and on up to $18.00 per dozen. We trill
send any one samples who wish to buy spring hats and If not perfectly sat
isfactory they may be returned to us.
Look out for our January sales. We will have our big circular out In a
We Ijave received this week a large shipment of new Ginghams, new
Ocaks. new Mowers, lied Spreads and BEankets and a number of cases of
other pretty and stylish new goods.
Remember we punch cards with all purcliascs and give presents away
Remember the place, the largest department store In the state.both whole- -side
and retail. It is three stores combined.
GEO. 0. (GAYL0M5, Prop.
They overcome Weak
ness, irregularity and
omissions, iacrease vig
or and Danish "nainc
of menstrxi&tion." They are MUFE SAVERS" to irirU at
womaaoooa, aiding development of organs and? body. No
known remedy for women equals them. Cannot do harmlife
''SSSJ!JSS!KTSi 9A2,?S?.DOX BY mah sold
by drusgists. DR. UOTOTS CHEMICAL CO., ClerelaM, Obio
Sold by Of$S" C SHEPEHD. .