The Los Angeles Times from Los Angeles, California on October 28, 1903 · 13
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The Los Angeles Times from Los Angeles, California · 13

Los Angeles, California
Issue Date:
Wednesday, October 28, 1903
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Stos Clngclcs Daily (Limes. WEDNESDAY, OCTOBER 28, 1903. 13 BANKERS ARE DINED, v Complimentary Banquet to Visiting Financiers a Brilliant Affair -They are Homeward Bound Praising California. TIIREJ5 hundred visiting? bankers eat down to a banquet at the An n-felua loaf nfh n r A affolii aril most brilliant. It was a fitting finale to two days of hospitable entertainment given by the local bankers to members of the American Bankers' Association on their way home from the annual national convention in San Francisco. The visitors do not seem to know yet why Los Angeles spread herself so, They were surprised at our hospital, lty and thoroughly elated over Los Angeles, : Catalina, Mt. Lowe and Southern California. They could not get through talking last night about their warm welcome here. The banquet ball was a bower of beauty. Pink and light green predominated; In the color scheme, and . the decorations were exquisite. Rosea and chrysanthemums were used In lavish profusion. Endless chains of smllax waved from arch to nrr h In th lnre dining-room, and the wall .lights glowed through a wealth of asparagus plumoeui. Tbe Immense pillars down the center of the room were garlanded with smllax and hung with pockete filled with chrysanthemums. Potted plants and bouquets galore covered the sideboard. ' ' The-.- head table was elegantly decorated in smllax, ferns and pink roses. The long tables were heavy with smllax and pink carnations, and the frondH of ferns. Tropical fruits were served in abundance. The floral decorations were under the personal direction of T. H. Wright, manager of the Ocean Park Floral Company. Foljowing was the menu, printed in elegant souvenirs comprised of broaa white ribbons and heavy cardboards; .' ;;: -V . , MENU. Eastern oysters on the half-shell Green turtle, a l'Anglalse , - Sauterne Olives Radishes Salted almonds Boiled halibut, sauce Mousseune : Potato croquettes Fillet of beef, a la Wellington Claret Supreme of chicken, a la Rothschild , . Punch a L'lmperial ' ! Hoast blue-winged teal, currant Jelly .Lettuce salad, French dressing Pommery sec ; Oreen peas - String beans j Asparagus, English butter sauce i rvcapolttan Ice cream, assorted cakes Roquefort cheese Salted wafers Fruit Cafe Voir . GRAVES WAS HAPPY. ' r J. A. Craves,, vice-president of the Farmers' and Merchants' National K;ink,- presided; and was especially nappy in his introductory remarks. v We .wish you could stay with us 1 mger," said Mr. Graves, as he turned ms eyes upon men around the fest-al beard representing well-nigh a billion dollars. 'T(5U 'haven't yet approached into the Inner circle of our hospitality. Stay with us a little longer, and we will turn you from an eastern capitalist into a western boomer Applause. Every child, even, in Southern California Is a member of an immigration or entertainment society. . No sooner do we see an elegant stranger in our midst than we sing the refrain of the Florodara maiden, 'We must love somebody, and It .might as well be you. " (Laughter.) After pointing out some of the resources of Southern California, Mr. Graves proposed a toast to the Pres-dent of the United States, and It was drunk-most heartily. "OLD MAN ELOQUENT." Hon. Ellis H. Roberts of Utlcs N. Y., treasurer of the United States, was next Introduced, and he proved a most polished and entertaining speaker. "Before we left he East," said Mr. Roberts, "we knew California as a sister State. During our sojourn of tie last few days, she has so won our affections as to become a sweetheart tender and true. In the north of the State we met some of the worthiest men and mo3t captivating women, but we have come south to be entertained by angels Applause. 1'We have enjoyed Intensely the spactacle of the valleys and plains, of the mountains and gorges, the gardens and orchards and ranches of the West, and of the Pacific Ocean the grand ocean of the future, where the great triumphs of commerce In the future are to be won. Applause. "What has impressed me most about the great State of California - is the high order of its men and women. This appeals to me more than your crops, for you are an Integral part of the great American republic, and we are a homogeneous people. - We are not strangers, tout members of the American racel Applause. "This American unity Is ths one element In the financial and political strength of our nation. It should make us strong enough to ward oft threatening disasters and to counteract ell possible errors. This nation is strong because the American race Is calm, cool-headed, brave, and above all, steady and true. - We are strong today, but we shall be stronger tomorrow. - Our future is safe, because of nature's lavish gifts to our country, and because of our racial unity. . "On the majestic Inflow of gold, as on the majestia current of . the Columbia, or rather as on the proud waves of the Pacific, the American race is to move on not "boastfully, but with calm assurance, strong enough to resist tbe assaults of folly, to mount above perils, to turn disasters Into blessings. This country was never before so strong financially and morally as now. Its strength Is to grow, tf not without check, surely and to stalwart proportions. Thus are we as a nation to achieve a higher and nobler career than history -has. yet recorded for-anr--nation:" " When Mr. Roberts concluded, there was thunderous applause. BROWN. TOO, GAVE THANKS. The "next speaker' was Joseph C. Brown of Raleigh, N. C. "I wish lo give some further expression or our thanks for this hospitality Jn Southern California that his greeted ur on every nana, it is surely a pleasure to be In this city and to verify with our own eyes what we hal thought must b extravagant des-rlp-. liirr of rour hills, flowers, fruft, sunshine, fertile valley ard the ti-??t lirp;tality of your peopl. Bat now. UUe the Q-.ieen of Sheba we must r annie and .iy: 'Ths half hss r.ever bn to!d.' l!hnuh-,iiature. In betri wonder-fjlly, kind to you. nevertheless r" your biulnesi. yw com-.tieiw fcnd trif- marveious prowth of Los Armies point to the srlory of ytjr ci i-rnh'p. We ars giad to have disrrvv-ereti this hitherto urkrtTT! Jnrvl. jt Aladdin's I.iTip resoorsl'o'.e tt aj. i's !.iry? No. Arutrkir: irin (an. plause. This genius has welded us int. one country, and we barkers shall go tome with broader views to become oeuer citizens. "I stand befor von. than. n.Vt a Carolinan, although I love the South, but as an American. Applause, cheers ana cries ot uooa! Good:" With a burst of patriotic fervor, Mr. orown ciosea his address most eloquently, and was cheered to the echo. J. M. Elliott, president of the First National Bark of Los Angeles, closd the evening's speeches with a short nisiory ot Los Angeles, and was given the closest of attention as he tnued the growth of Ihe city from its earliest injeptlon as a pueblo to the present time. The facts he presented were eye-openers to many of the visitors, and no romance could have more completely ineir interest. Perpetual Light. u an active product! of radium Is snut up in a closed space with other substances, and they are left togetner a- certain time, it will be found that such substances have acquired an ac tlvlty analogous to that of radium it tell; and the smaller the unnca In which they are shut UD the Greater tha For example: Take two elans bulbs connected by a horizontal tube, into tne of the bulbs pour a solution of chloride of radium: in the other nhos- pnorescent eulphate of sslne. Close the bulbs completely, so as to exclude the air irom tnem. When this combination is Kep: in the dark it w ill be found. sooner or later, that th Buinht of zinc has become luminous, as well as av me glass in tne apparatus. If the two bulbs are separated the suinhat vi emu win continue luminous for some time peihaps for a month; but gradually becoming weaker. If the atmoB- pnere De admitted to the bulb the light u.najipears wunin a tew hours. - By putting this exnetiment Intn in pUcatlon the problem of what is called "perpetual light" ha been solved. The nieiai is used to llent ur a small town in Wisconsin, United States. Lamps of various lorms and sizes are made; they look like petroleum lamps, in which the tube Intended for the wlek is filled with eulphate . of zinc. The manufacturer, by means of a tube. comunicates the luminous power furnished by an Infinitesimal piece of radium, combined with sulphate of zinc, and for more Hun month that lamp gives its light . without the necessity ot touching it. When the light wanes tho htwo is charged ajtaln at a verv email cort, as the radium does not consume. New York Herald. ... - -- ' Telephones and Rents. . A curious reason for' the Increase in the rental value of premises in certain parts of the city is the connection between rents and telephones established by new conditions of business. ' New York, Is so planned that the middle ledge of avenue And streets. Is bound always to be the - most Important.' Since the city began to grow Broadway has been its chtef thoroughfare and In turn the'chlef streets crossing It, Canal, Grand, Fourteenth ad Twenty-Third, hive been the principal cross thoroughfares.- ' Under these condition retail stores' along the main thoroughfares had, or 'course, the obvious advantage of being nearest to their patrons and most generally patronized, while retail stores out of the ordinary line of travel have been dependent upon local or neighborhood patronage. A person desiring to send an order to a store would . not usually select one out of the way on some distant street or avenue. With the general introduction of the telephone and a largely-increased number of orders sent by 'phone, the shops and factories on the less traveled streets are put directly "In the swim," This is one of the. changes which unconsciously and almost Imperceptibly have been going on in business in New York for some time. It is a change, too, which has gone hand In hand with the Improvement of the transportation service through transfers and by the substitution of electric! for horse-car traction. An effect of it is that the general increase of land values reflected In real estate transactions has been more evenly distributed than has ever been the case before. New York Sun. Baby Marriages in India, Under 2 years we find the number of widows iri Bengal to be 574'; under 3 years, 651: under 4 years. 1578: under 5 years, 8861. Here we have something ' T 1 1. . V. 1 ...... . - , i j of these little mites of humanity, who, but for the prevalence of a rigid ex monopoly, would probably live to be true wives and truly happy mothers the mothers of future heroes and patriots. What possibilities are lost to the race forever under a system which has not one word to say for Itself! It is much to be wished that young Bengal had joined hands with old Bengal in-, making such "marriages" education ought- to suffice for this ele- i ?.' .Tam O'Shuiwr Crescent wnart mentarv item of national Imnrnvminh i ;" MO uucnvnlur. Cool Terrible, according to our Shastras, are the effects of a curse pronounced by a woman; much more terrible when the curse remains unuttered. Who can tell how much of India's misery arises from the unuttered sufferings of her daughters? Voice of India. . THE WAY IX GOES. He: I told that article for ten dollars that I wrote on the evils of betting. She: what will you do wuh the money He: I bet it on our ball team. spelling and reading and her other studies, but she seemed to be interested in geography more than- any thing else. The points of the compass occupied all her thoughts now. "North's that way, . teacher said," and Agnes pointed her finger. "It's not exactly right up Fifth avenue, but a little that way." "Now don't you think the avenue ought to have been built north and south?", Slaydeu asked. "Oh, well," wag the reply, and there was not a trace of a smile, "I s'pose they'll change north and south to fit Fifth avenue before long." New York Times. Profits by Mad Dog Scare, Policeman Cunningham of the War ren-avenue station rushed up the steps of No. 1019 Jackson boulevard, tne home of .William Kelley, and rang the bell. "Come right In," shouted a voice from an uDoer window. "There Is a mad dog In the kitchen and we are, all cooped up in the bedroom. That's why we sent for you." "Thanks." responded the copper, as with a gun in one hand and his club In the other, he cautiously opened the door with his teeth and took a step ur two forward. His next move was a running high' Jump, landing him safely on too of a table, from which angle he surveyed a large-featured dog which had rushed to greet him. Why. there's nothing the matter with that dog except that he's lone some," muttered cunnmgnam, as ne noted the dog's rudder wagging rapidly and heard the Joyous barks of welcome. ' Wraonlng the ourn In his arms ne Carried it upstairs and showed It to the prisoners. Say, I can't arrord to nave mis siory leak out." said Kelley. "I'll give you a dollar for the dog. whosever it is, and you forget this." "Not for fewer than nve piunns, in sisted Cunningham. (What he really said was; "Not for less than five plunks," but the copy, reader refuses to believe it.) I'll meet you half-way and can u $2.50.' said Kelley, and the deal was closed on that basis. -unninrham renorted th-matter to tha rtpHlc serfeairt. -but refused to di vide the" spoile. Chicago Journal. . ON THE WATER FRONT. ( : . PORT SAN PEDRO, LOS ANGELES. AKRIVED -TUESDAY, OCT. 27. StMiwr Olympic, Hannrn. from Flr hjkvtn. Steamer Lakme, Cspt. csrlstettMn, tnree oay from Eureka. Btesmer Alcatm, cspt. cariaen, irom ureen- wood. 8Umer Grernwood, Capt. Johnron, from Al bion. vl Ventura. Fteamer Coos Bay, Capt. Nlrolmn, from 6a a Franrtsco. via ttiv porta. Schooner fadle, Capt. Johnson. 11 days from Umj'qiia Klvar. i FAILED TVKSDAY, OCT. XJ. Steamer Ov Bay. Cant. KicolMti. for San Francisco, via way dom. . Steamer A lea jar, Capt. Martin, for Ban Francisco. - DUE AT THIS PORT. From Eureka, via San Franelico. ttcamer Ban pedro. From Anaeortes, schooner Honolulu. From Fairhaven, aohooner Fearlos. TO LEAVE" WEDNESDAY, OCT. 3. For Ean Francisco, steamer Fulton. The steamer Hermosa makes rerular dal'v tiiya iv nuns waiuiins uiana ana return. MOVEMENT OF "MOSat'ITO" FLEET. ARRIVED TUESDAY, OCT. 2' Launches O. K. anl Fashion, from Lona- muco wiui pasters)'!, ana returned. SAILED. Power-boat J. Wllley. for San Nlcolaa lal. and. Launch .Victoria, for 8ai Clement Island. Six tall boat for Point Fermi n. and returned wim nan tor local aeaiers. LIST OF VESSEL 1 PORT. TUESDAY. OCT. Zt. Name and destination Location. Str. Greenwood, Albtnn Po. Pac wharf Kir Alcatrai, Greenwood So. Cal. wharf Str. Olympic, San Franclco..Wood wharf Sir. Lakme, San Krancl?o..,.8'lt Lake wharf Str. Samoa, Cm par Wood wharf Str. Fulton, Hardy Creek So. Pac. wharf Bkt. J. M. GritlUh, Port Had- lock San Psrim whare aw. junn v. meyer, rac wnarf Just Civic Pride. . : Cong Slayden of Texas Is telling his friends how he learned from a little rirl of six how much New York people thought of their city. He was at the house of one of his New York acquaintances, whose daughter had begun to attend school a few weeks ago. "And what have you een learning at school, Agnes?" be asked her. Then she proceeded to tell him about llr HMnn wharf Sch. Wm. Nottingham, Fair- haven Wood wharf Sen stlmson. Port Ballard. ...So. Pac. wharf Soh. K. X. Wood, Gray's H.-Wood wharf Si-h. Mar'.at E. Smith, Gray' Harbor Bn ri ..h.- gch. Orient, Shoalwater Bay.. .San Pedro wharf Sen. Annie Laraen. Tarom ;,- rai Vh. Sen. Eva. Eureka Patten Davie whajf oi.-n. otfuiuuito, emoaiwater - Bay ' Ban Pl. Sch. Can .line, L'mpqua R K.-Cuiner wharf Sen. Bora iiluhm. Eureka. ....K.-Cuaner whajf prn. r.uner rjunn. cureaa Uanahl wharf Sch. Satile, L'mpqua Klvvsr K.-Cumer wharf SAILING TOR SAN PF.DKO. . Kama and from Str San Pedro. Eureka...., . BM, Jthn Palmer, Tacoma Bkt. Charles F. Crocker. Kvrett., Sch. Honolulu, Anamrte Den. l eanest, Fatrhann Ku-nbar day out. .!... 13 ..... u u TIDE TABLE FOR SAJf PEDRO. Hlh. Ixw. Wedrerday, Oct. SS.. Thurcday, j.., Friday, Saturday, Sunday, - ; " .. '". n-. Nor. I..' alonday. BOTH SIDES 0? THE QUXS2I0X. IVt. Fatts: VTty aiflo't jon Sss uy in the car tad "jive t woman y.-jr test I Mr. Sldnny: Why diia't yu gt. 2i give fcur womea stats f 5:nt a.m. 19:19 a.m. p.m. io n m t-3t a.m. 11 - a in. 4:7 p.m. U W p m. a m. 11 00 o.m. t p m. 11:41 p.m. 3.1 am. 11 Jl Dm. 41 p m. :Si a m. 12:23 a.m. , 21pm. 1 O p m ".'Js .:. !:57 a.m. i."rm- l:3tp.M. PORT ITEMS. ALONG THt WATER FRONT. " T.ATHER: Clear at I n m m-i velocity !0 rille. Tbj followlnf careoe arrhed: steamer Olvmplc. SM.OuO tut ot !u-nber con!sned to he E. K. Wood Company; stomr Lnr,: lumbr and sinelea canaliiel to Inral waole-ffaiers: firanwr tie n nod. l.a ... N-r c--i!ied to Caarlee AVelr; dnmr Al'a-traa. to. i-et of lumVr c!rned to the ? -'lf-wnl Cciripaay; aobc-iwr S1i. 3f. MV fnf of lur-.her conaijned to tha Krrck-hotT-Cumr Company. The Hftmtr C5 Bar hrroght freieht aod aerrers and (hen returned to tha Norta. The ftramrr Alr-atraa aalieS t1r tvt ran Francleca. wtth a r-l r-a. t-c--r it. v Cheap Rtes from the East. To California. SepMmbar. U to K nte m. Full pari:ciiars. also pr-atd ticket, rma b hail as Judaon-AUcn Ut-urtton C. Jio. It delicious to drink; delightful to serve. "The taste tells"; enough said. Impossible to imitate. Barkley's Porto Eican stands at the head of High GradeCoffees ! The price is 35c a pound sold in sealed, air-tight, one-pound cartons. HALF-POUND FDFFI PACKAGE I KLL! We want your trade and in order to secure it, your grocer will give a half-pound package free 'with every pound of Barkley's Porto Rican Coffee purchased next Saturday, October 31st. The New York Insurance Department REPORTS ON M v Insurance Company of - New Yorll RICHARD A. McCURDY. President ' After an examination, asked for by the Company, which occupied the entire examining force of the Department from January 2 to September 21, 1903, every dollar of the hundreds of millions handled by the Company from -January 1, 1898, to January 1, 1903, was checked and found accounted for in strict accordance with the Laws of the State. In his official sanction of the findings of the examiners, the Superintendent of Insurance says : " think it fitting to note the unusual extent and thoroughness of this examination and the evidence which it bears to the conscientious ' and careful management of this large institution. CHIEF EXAMINER ISAAC VANDERPOEL, of the New York Insurance Department, in hi report, says in part : . This' examination just concluded, has occupied the entire time of the . examining force of the Insurance Department since January 2 last, and during this period of nearly nine months every detail of the Company' transactions has been subjected to the closest scrutiny. Every facility was afforded by the Company's officers and the heads of its several departments, to thoroughly accomplish the work, which has been materially expedited by the admirable methods in vogue at the Home Office in the handling of accounts and keeping of books of initial or final entry." Condensed from New York Insurance Department's Report Receipts and Disbursements JANUARY 1, 1898, TO JANUARY t; 1903 The net or ledger assets December 31, 1897, at found on the previous examination of the Company in 1898, were then shown to be $236,630,175 78 This sum has since been augmented from tha follow - ing source, and these receipts have been examined . and verified in detail : New premiums $52,257,884 72 - Renewal premiums 175,031,892 62 Consideration for annuities 15,085,511 65 Rents 5,537,361 34 Interest 59,346,317 28 Profit on sale or maturity of ledger assets 5,352,304 07 Other income 797,565 54 Total receipts from 1897 to 1903.1 $313,408,837 20 Total $550,039,012 93 Total disbursements from 1897 to 1903, Including- ' claims and dividends paid policy-holders $199,892,047 15 Balance, being net or ledger assets, December 31, 1902 $350,146,965 83 Non-ledger assets December 31, 1902, audited at . 32.680,170 86 $3S2,827,13d 69 Deduct agents' debit balances, gross. 394,455 39 . Total admitted assets Dscember 31,1 902 $332,432,681 30 Condition January 1, 1903 - ASSETS United States bonds and other securities $220,140,303 02 First lien loans on bond and mortgage 81,566,584 60 Loans on bonds' and other securities...... 10,278,000 00 Loans on Company's own policies 14,620,874 79 Real Estate: Company' office buildings In London, Paris, Berlin, New York. Boston, Philadelphia, San Francisco, Seattle,' Sydney and Mexico, and other real estate . 32,833,323 45 Cash in banks and trust companies...... 15,677,925 78 Accrued Interest, net deferred premiums, etc 7,315,666 66 $382,432,681 30 LIABILITIES Policy reserves, etc $314,293,458 19 Contingent Guarantee Fund 65,119,223 11 Authorized dividends 3,020,000 00 $332,432,631 30 II. E. MAXSON, Manager 318 Bradbury Building Los Angeles, Cal.

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