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IECORD YEAR IN BENLTY; SALES 520.000.000 Outlook for 1913 Is Even Brighter, Declare Leading Dealers of Atlanta. With real estate sales estimated bj jxperst at J 12.000,000 to $20,000,000 in ;he last twelve months, prominent jperators declared today that 1912 has ?een a banner year and that 1913 will even better. Figuring 313 working days, the average per day at the $12,000,000 fig ure Is a little more than $38,000, and at the $20,000,000 figure, nearly $64,000. One of the larger agencies reports sales aggregating over $3,000,000. an other nearly $2,000,000 and two others $1,500,000 each. Two individual dealers report sales of $2,000,000 and $1,300,000, respectively. Two other agencies give In $500,000 each, and three others are estimated at the same figure. Still an other agency’s business is estimated at $1,500,000. The total of these is $14,- 600,000, or approximately $47,000 per day. One Agent Made $15,000. one agency announced commissions of $50,000, with a salesman making $15,000 and another making $5,000. ■Nineteen twelve," declared S. E. Davidson, sales manager of the Edwin P Ansley Company, “was the best year in Atlanta’s history. The city is growing at a compound interest rate, in the manner of the snowball rolling down hill, gathering momentum as It goes. Real estate has of course played its part in this progress and will con tinue to do so. Next year will be even better, and 1 look for the in fluence of the Panama canal to bring a great increase in values.” •Atlanta real estate dealers have ■ause for feeling happy this Christ mas,” asserted Gen. A. J. West, of A. J. and H. F. West, "with a banner year behind and a better year promised ahead. Not only have Atlantans faith in local real estate, but people from Maine to California and from the lakes to the gulf have bought here and will continue to do so. Prospects Never Brighter. ‘Atlanta is the best city in the coun try not only from the real estate stand point, but from any other,” asserted Forrest Adair, of Forrest and George Adair. “In business, in social stratum, in manufactures, in anything you think of. How many people know that 268 different articles of value are manu factured in Atlanta? Also that the percentage of wage earners to popula tion is greater than in any city in the country with the exception of Lynn, Mass, Talk about the smoke evil if you will, but if I had my way I would velcome 500 new factories, belching ■rth their mountains of smoke, even if they found it impossible to avoid unoke by using electricity. The year has been wonderful in real estate sales and prospects were never brighter for continuance.” “I heard an insurance man say,” de clared e. Rivers, of the E. Rivers Real ty Company, "that his company would rather loan money on Atlanta property than on the property of any other ity in the country’ save New York. I asked him why the company preferred Atlanta to Philadelphia, Baltimore, Washington and Chicago, and he said it was because of the confidence that Atlanta people had in their own town.” “I estimate the amount of property '-hanging hands in 1912 at $12,000,000,” said Bryan M. Grant, of B. M. Grant & Co. "Atlanta is the best real estate town in the country. This year has been wonderful and 191$ looks like It ill be better.” Foresee Record Year in 1913. Although 1912 was a record-breaking J ear in the real estate business,” said J. O. DuPree, of the W. L. and Jno. O. DuPree agency, "we must look to the future and prepare for it. There is an annual Increase of 10,000 to 15,000 ■ I! Population, and houses must be I’uilt to take care of the additional number. Many real estate men have found ft almost impossible to supply the demand in dwellings and apart ment houses. One of the features of 'he year was the way real estate held ftp brisk throughout the summer and op to Christmas.” There is no cloud on the realty ho rizon that I can see,” declared R. O. ' ochran, of the R. O. Cochran agency. 1 can say that the year has been a k» >d one and I believe next year will outstrip it.” L. Turman, of Turman, Black & 1 alhoun, declared: "Nineteen twelve 'as one of the best years I have itnown, I have just returned from a rip to New York, Baltimore, Wash ington and Philadelphia, and the •sihesi outlook leads me to believe 'hat fair sailing is ahead for this entire section." ( harles P. Glover, of the Charles P. r dover agency, J. H. Ewing and J. R. Sn 'ith. of Smith & Ewing, and many "ther realty men joined in the general ' horus, and there was not one who be 'lrved that politics would have any effect on Atlanta business. HONEY cheaper next YEAR, SAY DEALERS HtCAGO, Pee. 25.—‘‘Use the automo for hauling honey from bee yards," advised F. B. Cavanaugh, of Hebron, Ind., the annual meeting of the Northwest rn Beekeepers' association, which was ’’hi at the Great Northern hotel. He saill the horse is slow and the stinging "■ministered by the bees interferes with work Members declared that honey ahi be cheaper next year. In 20 Years Ruler of Wall Street Has Gained Control of $25,000,000,000 HOW MORGAN BECAME MONEY KING OF WORLD < . ... -JR. .wH > ■1892 1897 1905$ 1912 —*«•-* 20 Years Ago—lß92. Outstanding Stocks and Bonds. Philadelphia & Reading 5177,673,931 New York Central 154,855,633 N. Y., N. H. & H 61,761,000 Chesapeake & Ohio 107,992,000 New York Banks (the First National and the old Bank of Commerce) 25,000,009 Total $527,282,564 LYNN,ALLEGED SIM, JAILED Held for Killing Aged Dublin Man, Whom Wife Said She Shot Dead. DUBLIN, GA., Dec. 25.—A. L. Lynn, charged with the murder a week ago of F. M. Hightower, 70 years old, is spending his Christmas in the Laurens county jail here. He was committed to jail yesterday afternoon at his com mitment trial before Judge J. B. Green, to await the action of the grand jury. Lynn’s wife claimed to have done the shooting because Hightower insulted her. However, the prosecution intro duced evidence in a letter written by Lynn and signed by his wife, inviting Hightower to visit their home on the day of the shooting. A negro testified he saw Lynn leaving his house imme diately after the shooting, going out from the rear. This and other testimony was not successfully disproved by the defense. The letter written to Hightower, which was signed by Mrs. Lynn, stated that Lynn and the largest children would be away that day, and that Mrs. Lynn and the baby would be very lone some alone. Lynn and the children were to be away three days, and it was suggested In the letter that Hightower go to the Lynn home during the afternoon of the first day for a load of lightwood and get dinner; that he could get enough lightwood to make three trips, and could get his dinner each day. In a statement made on the witness stand. Lynn said he was with his chil dren in a field picking cotton when he heard the shots fired, and later went to the house, believing it was on fire. CHRISTMAS SHOPPER SAVES 3 CHILDREN AS THEIR HOME BURNS CHICAGO. Dec. 25.—Mrs. Alice Wal ters is having her merriest Christmas day. Her friends have poured con gratulations in on her all day. Yes terday Mrs. Walters rescued three chil dren from a burning house. She was on her way home after hav ing done some shopping. Her arms were full of bundles. A woman in an electric coupe motioned to her. She saw flames and smoke coming from a house nearby, and she heard children screaming. Dropping her bundles and leaving them with her five-year-old son, she rushed to the house, broke down the door and carried the children out. The children were those of Charles Berleln. Their mother had locked them In the house while she went Christmas shopping. BODY BEATS ENGINE U. S. SAVANTS SHOW WASHINGTON, Dec. 25. —The efficien cy of the human body is considerably greater than that of the best steam en gine ever constructed, the department of agriculture has found after extensive experiments with its respiration calorim eter. The efficiency of the human body is 20 per cent, which means that five units of energy must be supplied by the fopd to provide one unit of work. The efficiency of the best steam engine is 14 per cent. The experiments have failed to show that mental work makes de mands for physical energy. THE ATLANTA GEORGIAN AND NEWS WEDNESDAY, DECEMBER 25, 1912. 15 Years Ago—lß97, Outstanding Stocks and Bonds. Philadelphia & Reading... $185,640,504 New York Central 170,677,333 N. Y., N. H. & H 71,844,982 Chesapeake & Ohio 125,625,512 Southern Railway 274,200,000 Northern Pacific 90,000,000 Chicago & Great Western.. 31,517,900 General Electric Co 80,000,000 Erie Railroad 321,000,000 Int. Harvester Co 1,000,000 Banks in New York 45,000,000 Total $1,396,506,231 John Pierpont Morgan, 75 years old, head of the banking house of Morgan & Co., testified before the senate money trust inquiry the other day that con trol of money in this country was a matter of individ ual trust and confidence. No one man can control the property of others longer than he is trusted, he said, and if he once abuses the confidence placed in him he loses his power in the money market and he can never get it back. Character and not collateral’ Is his basis for mak ing loans, he said. "Men have come to me,” said Mr. Morgan, “and I have given them checks for a million dollars on nothing.” He said that in some cases he would refuse loans, no matter if the applicant laid United States bonds down on his counter. ™'&''"~ TH e s^ e t Tmi >^? - 12ja»'"»’ -V->3 HERING TO LOSE JOB AS EXPERT FOR CITY; $3,000 SALARY SAVED The "pruning knife” has been drawn by council to lop off certain city offices that are considered sinecures. After January 1 there will be no consulting engineer in the construction depart ment, council having decided at a meet ing yesterday to abolish the office. Action was taken over the protest of Captain R. M, Clayton, chief of the con struction department, who wanted Dr. Rudolph Hering, the consulting engi neer, retained in office until the com pletion of the Peachtree and Intrench ment sewage disposal plants. Council couldn’t see that the job was necessary, however, and decided to effect a saving of $3,000 a year. This much accomplished in the con struction department, members of coun cil are now expected to go further and insist that something be done to give Atlanta "navigable" streets. R. E. PRINCE HEADS JOHN ROSIER LODGE OF MASONS IN 1913 At its annual meeting in the temple in Hemphill avenue. John Rosier lodge. No. 608, Masons, elected the following officers for the ensuing year: R. E. Prince, worshipful master; R. C. McCall, senior warden; E. E. Moyer, ju nior warden; W. M. Burdett, treasurer; W. H. Jacks, senior deacon; Sam Morton, Junior deacon; E. M. Rozier, senior stew ard; T. A. Chapman, junior steward; J. Ira Hall, chaplain; L. M. Moffett, tyler, and Claude C. Marsh, secretary. The new officers were installed in public by Dr. Horace Grant, pastmaster, assist ed by Pastmaster W. H. Terrell. Past master Terrell, on behalf of the lodge, pre sented a beautiful pastmaster’s jewel to W. M. Burdett, the retiring master. A banquet followed the ceremonies. ORPHAN WANTS TO BE WILSON’S DAUGHTER TRENTON, N. J., Dec. 25.—A little girl in Maryland wants to be the daughter of Governor Wilson. The governor has re ceived this letter from her: "Dear President: I thought I would write to you and ask if you, would want to adopt me. I am a poor little orphan and I have to work for my living. I heard you was so nice and kind, and by all your children being grown 1 thought you might want me. "I am 13 years old and I would love very much to be your daughter. I hope I would not Insult you by writing this. Excuse writing. Please answer. From your little friend.” The name of the child was not made public. 10 Years Ago—l9o2. Reading Company $205,951,000 New York Central 308,735,634 N. Y., N. H. & H 76,056,892 Chesapeake & Ohio 131,436,454 Southern Railway 305,081,700 Northern Pacific 453,952,500 Chicago & Great Western. . 31,517,900 Erie 352,197,500 New Jersey Central 74,115,900 General Electric 80,000,000 United States Steel 1,489,681,678 International Marine 120,000,000 Am. Tel. & Tel. Co. (y 2 stock) 159,213,750 New York Banks 65,000,000 Total $3,852,940,908 II ,000,ODD GIFTS IN WALL STREET Large Amounts of Cash Dis tributed Among Employees in Financial District. NEW YORK, Dec. 25.—Wa1l Street was a million-dolk r Santa Claus this year. It is estimated that that amount was distributed among employees of the various Wall Street firms. The distribution had been going on for a week, but in the majority of cases the payment of bonuses was made on the day before Christmas. The year now ending, although a fairly prosper ous one for bankers, has been a lean one for stock brokers on account of the dullness in speculation. For this reason, the Christmas total will be smaller than In some former years in which trading in stocks was heavy. In some houses in "the street” fixed amounts in gold were given to clerks, stenographers, bookkeepers and mes sengers, and in others the employees received a percentage of their yearly salaries. Ont- of the large trust com panies presented to each employee from the president down 50 per cent of his salary for the year, but in most cases the amount was much smaller. In a large number of commission houses ten per cent was paid. Em ployees of J. P. Morgan & Co. will not receive their bonuses until just before the close of the year. Ten years ago their present was a year's salary, but since that time ten percent has usually been paid to clerks affiliated with the firm for ten years or less and fifteen per cent to those who have been there longer. There is a growing tendency in the financial district to substitute salary increases at the first of the year for Christmas bonuses on the ground that the indiscriminate distribution of lump sums places no premium upon merit, A number of large Wall Street institu tions also have introduced the pension system for superannuated employees in place of Christmas gifts If what you have for sale Is not worth the price of a Want Ad In The Georgian for a few times then talk business to the junk man. The growth of Mr. Morgan's power, which has made him the greatest financial figure in the world’s history, reflects not only the growth of the country, but shows the trend toward centralization —toward the elimination of competition. Mr. Morgan testified that he believed in combination and co-operation—not in competition, although ”‘a little competition” was some, times good. Twenty years ago Mr. Morgan was a financial pygmy compared to his present invulnerable power. The figures given above show the tremendous strides he has taken. They speak eloquently of the overwhelming confidence reposed in the man by in vestors. FREIGHT MEN’S CLUB ARRANGES A SMOKER FOR FRIDAY NIGHT The members of the Freight Traffic Club of Atlanta will enjoy a smoker on Friday night in the banquet hali of Durand’s restaurant, on Edgewood ave nue. Colonel R. L. McCleskey, assis tant general freight agent of the South ern railway, the president of the club, will act as toastmaster, and the an nual address will be delivered by E. H. Hinton, chairman of the Southeastern Freight association. In addition to Colonel McCleskey, the officers of the club are J. F. Hartsough, division freight agent of the Louisville and Nashville, first vice president; D. W. Appier, division freight agent of the Central of Georgia, second vice presi dent; W. H. Paxton, general freight agent of the Southern railway, third vice president; S. W. Wilson, commer cial agent of the Philadelphia and Reading, secretary and treasurer; board of governors, S. P. Stringfellow, as sistant general freight agent of the Seaboard Air Line; T. M. Wilson, com mercial agent of the Nashville, Chatta nooga and St. Louis; T. L. Collings, commercial agent of the Central of Georgia; C. A. Cowles, general agent of the Norfolk and Western, and J. M. Born, traveling agent of the Merchants and Miners Transportation Company. RAILROADMAN’S WIDOW SUES FOR $20,000 DAMAGES Asserting that her husband, Neal Up son, was killed at Ploughboy station, near East Point, on December 13 through the negligence of employees of the Central of Georgia railroad, Mrs. Tommie Upson filed suit for $20,000 damages in superior court today. She maintained that Upson, who was an employee of the railroad company, was standing on top of a box ear when the train moved without warning, throwing him under the car wheels. She said he was killed instantly by the fall. $20,000,000 SPENT BY SHOPPERS IN CHICAGO CHICAGO. Dec. 25,—Chicago has had the biggest Christmas trade It has ever known. This was the verdict of mer chants today. It is estimated that Chi cago shoppers spent, about $20,000,000 to help out Santa Claus. Some esti mates place the total far higher than 1 this. In 1912. Reading Co $240,155,000 New York Central 522,599,908 N. Y., N. H. & H 335,155,900 Southern Railway 417,110,200 Northern Pacific 453,952,500 Chicago & Great Western . 31,517.900 Erie 370,606,200 New Jersey Central 71,710.800 General Electric 80,000.000 United States Steel 1,569,681,678 International Marine 120,000,000 Am. Tel. & Tel. Co. (i/ 2 stock) “ 159,213,750 Equitable Life Assurance Society, Bankers’ Trust, Guaranty Trust, Astor Trust £o., and three banks (testified to at hearing) 22,245,000,000 Total $26,854,254,628 BRITISH SHUTT TO GEO.WASHINGTDN Erection of Monument to Amer ican in Westminster Abbey Is Proposed. LONDON, Dec. 25.—The British com mittee, organized for the celebration in 1914 of the centenary of Anglo-American peace, has drawn up a comprehensive pro gram, which has just been made public. It is proposer! that a monument to George Washington be erected in Westminster Abbey or in Westminster Hail, adjoining the house of commons. It is also proposed that Sulgrave Manor, Northamptonshire, the ancestral home of Washington, be purchased and that an or ganized effort be made, on both sides of the Atlantic and in the British colonies, to promote well considered educational methods and the growth of the feelings of mutual respect, affection and good will, as well as mutual knowledge among the peoples of British and American descent. Prizes for essays on Anglo-American re lations and new school readers are to be included in the educational scheme. It is estimated that for these purposes from $250,000 to $300,000 will be necessary and subscriptions already have been re ceived. CAR. The Studebaker “20” Completes Your Equip ment. It adds to good goods and a well kept store, the most modern delivery service. It is a radical change only in that at less cost it will enable your delivery service to do more work and please more customers. Since you can deliver goods further in less time it greatly widens your possible market and, best of all, it holds your customers’ loyalty be cause with it you can far more readily satisfy their requests for prompt delivery. It marks you as a merchant up-to-date. It s record is open to any investigation. Look it up. Send for us The Studebaker Corporation ’ ATLANTA BRANCH 114 AUBURN AVE. G. W. HANSON, Manager. H CRIME ON WANE IN ATLANTA Thirty Per Cent Less Lawless ness This Year Than Last, Declares Detective Chief. That crime and disorder in Atlant* this Christmas was fully 30 per cent less than last Christinas and In years previous is the declaration today of Chief of Detectives Lanford, after a careful survey of the situation. Shoplifting in the downtown stores was less this year by at least 50 per cent, said the chief. Murder, burglary, highway robbery and pocket picking all fell below the usual record this Christmas, and there has been u decrease all along the line, he said. Chief Lanford attributes this to the fact that the police and detective de partments are operating under better system now and more men than were on duty last Christmas. The depots, hotels and tile whole shopping district have been well covered with plain clothes officers and detectives. No Chance For Crooks. "We haven’t given the crooks a chance to do much work this ye,ar,” said tile chief. "We've kept all suspi cious characters under close watch, and have made it so hot for them they've been afraid to attempt to ply their trade." The annual report of the detective department, no ■■ being prepared, shows that stolen goods to the value of SIOO,- 000 have been recovered this year. This , record is greater titan any two previous years combined. Chief Lanford says lie still is in need of more detectives, and will ask that the force be increased from 23 to 30 men. Peace reigns this Christmas day. At lanta’s record for the day can attest to that. "The quietst Christmas since I have been with the force.” said Police Chief Beavers this morning. looking back reminiscently over his 24 years of serv- I ice. Few Drunks Arrested. No recent Saturday night has not brought into the toils of the police as many prisoners as were docketed Christ mas eve, if not more. Since 4 o’clock Tuesday afternoon, when the Christ mas throng, by all laws of men and holidays, should have grown unruly, onlj’ 75 arrests were made. The record < f the old order, says chief Beavers, has been a packed prison, with 200 to 250 cases as an average for the night before Christmas. The spirit of Christmas, this year, has not assumed a liquid form, to any great extent. Another unusual condi tion. say the police. Not more than "plain drunk.” Fourteen are charged with being drunk, but most of these attached to their bibulous condition the little fancy flourishes and proturb erances which the police know as "dis order." and these extras are responsible for most of the artests. With no homicides, no serious cutting affrays, no accidents of unusual degree, a record Christmas is the prospect. At the Grady hospital no eases of ac cidents from fireworks or other causes had been entered. TO ELECTRIFY MAIN LINE OF RIO GRANDE DENVER, COLO., Dec. 25.—The direc tors of the Denver and Rio Grande rail road have decided to electrify the entire main line of the system from Pueblo to • Salt Lake City. The financing of work which will cost approximately •$15,000,000, has all been completed. It is the inten tion of the company to have the work fin ished by 1915. 3