10 Jun 1913
Page 1
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Newspaper
Record And Chronicle
Location
Denton, Texas, United States of America
Date
Jun 10, 1913
Page
1
A speaker urges that daughters gain business knowledge and manage a bank account. Paying household expenses by check teaches real business methods and provides ready money while empowering women to run a home in adulthood.
The Denton County National Bank lists officers and directors including President W. B. McClurkan, Vice President J. L. Blewett, Cashier B. H. Deavenport, Assistant Cashier R. M. Barns, and other named executives J. F. Raley and G. H. Blewett along with D. R. Turner and W. S. McCray.
J. B. Myers of Carrollton, formerly of Denton, said Turner inter Urban surveyors are east of Carrollton and toward Lewisville. He noted the ra line misses Carrollton by a couple miles and that crews have surveyed Morgan place and now work on the Elm Fork west bank toward Lewisville.
Associated Press dispatch from Minneapolis reports former Director of the Census E. Durand has accepted a position at Minnesota Agricultural College. The announcement notes the career move and its location in Minnesota.
A $40,000 fire in Deport this morning, likely incendiary, destroyed five brick business buildings. It marks the second major blaze in five months in the town.
In a volatile session investors pushed most shares to new lows for the year after a rate case ruling. Tech and financial heavyweights saw pronounced declines while market sentiment remained subdued amid uncertainty about future policy effects.
The Minnesota rate decision sparked a stock market drop at the open in New York. Hill stocks led losses as most issues hit the year's low, with Northern Pacific down 4 1 5 points to 165 and United States Steel down 1 1 2 after a block sale of 9 000 shares. By the ten minute mark buyers helped steady trading before noon, but the market reeled to a fresh low as The Texas Company fell 9 1 2 points.
June reports from Ennis Maypearl Taylor Cameron and areas in Williamson Milam counties describe a grasshopper plague damaging cotton. Farmers battle the pests with arsenic as millions invade fields across the region.
June 10 report says a plot to incite rebellion in Mexico City was discovered last night. Dr. Rafael Cepeda former Governor of San Luis Potosi was arrested with four others. Minor army officers are believed involved against the Huerta government. In a separate action rebels captured Zacatecas with over 250 Federals killed or captured.
Both sides say they are satisfied with the rate decision as railroad commissions hope for progress. Lawmakers are urged to act, while carriers and shippers await further steps in Congress.
The Supreme Court decision on Minnesota race cases is read differently. Minnesota officials call it a victory, while the government and Interstate Commerce Commission see potential federal control over interstate rates. Railroads hope Congress will regulate rates to avoid state controls, while ICC members say states may fix rates not confiscatory if tied to fair market value and not based on property valuation.
The Supreme Court rules the newspaper publicity law in the 1912 postal appropriation act constitutional. Chief Justice White states it does not restrict press freedom but adds conditions for second class mail eligibility.
Washington June 10 Five former National legislators testified before the Senate lobby inquiry admitting interest in tariff bill schedules. One former Senator and four ex Representatives described representing twenty two railroads corn product makers diamond importers lace manufacturers Merchant Marine League backing ship subsidy bill. Poindexter named ex members including Senators Dick Bellar Dubois and Representatives Watson Littauer.
The document presents a bank balance sheet from Denton Texas listing assets such as loans and discounts 8317 40889 overdrafts secured and unsecured bonds and other holdings. It details cash items deposits and reserve notes with a sworn statement by cashier H F Schweer asserting accuracy to the best knowledge and belief.
Millions of small white grasshoppers swarm Lubbock and Lynn counties. They cause little crop damage but feed on grass as the insect activity spreads through the area.
Forecast calls for showers and thunderstorms across the area tonight and Tuesday with possible unsettled skies and cooler temperatures. gusty winds and brief downpours likely in isolated spots as a cold front moves through.
Testimony in the $99,000,000 Oil Co. case filled 300 typewritten pages as Commissioner Rober noted it was the longest one-day proceeding. Magnolia General Manager E. R. Brown resumed testimony while the defense denied the state assertion that Rockefeller owned nearly half of the Magnolias bond issue.
The Supreme Court remands Porter Charlton to Italy for trial. Washington reports use the June 14 decision.
At a Monday meeting the finance committee was told to apply part of the 1600 on hand from liquidating deferred payments since the Central building fire. The amount reflects savings by Economic Management from the maintenance fund last year and will reduce debt of over 3000. Miss Gretna Cobb resigns as ag teacher. she will teach in Sonora.
Washington June 10 Representative Hinebaugh of Illinois introduced a bill in the House calling for a special Congressional committee to investigate the current Frisco receivership and its handling by the railroad authorities.
Associated Press dispatch from London reports heavy fighting between Serbians and Bulgarians near Makros with many Serbians killed. No details yet. Servians threaten to bombard Istip, held by Bulgarians.
Fifteen people drowned when a dilapidated ferry raft sank at Vyatka. A riot erupted against local authorities over carelessness and lack of inspection.
Paris reports one case of infantile paralysis on June 10. Texarkana notes an unchanged situation with one new case on June 10. Houston also reports a case of infantile paralysis on June 10.
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