taken. The association now has
two coal yards running, four teams and 14 persons employed. It will
open a brickyard and stone quarry in East Liberty this spring and
employ 125 men and 40 teams. It will open coal yards next fall in
Allegheny, Braddock, and McKeesport, Pa. Men, women, boys, and girls
are asked to take shares. You pay 10 cents for a share, then 10 cents
a week. After two years you can, if you wish, draw your money out of
the association. You can also borrow money out of the association.
Rev. J. H. Thompson, 38 Arthur Street, Pittsburg, Pa., is the
President and General Manager. The Afro-Americans will watch the
workings of this association, and if it proves a success similar
associations will likely be established in other sections of the
country. (Star of Zion.)
NEGRO BANKS.
The Nickel Savings Bank, of Richmond, Va., is a prosperous financial
institution of which Dr. R. F. Tancis is President. It affords an
excellent opportunity for the saving of small earnings and is being
liberally patronized.
The Alabama Penny Savings and Loan Company, of Birmingham, Ala., has a
capital stock of $25,000, in shares of $5 each. Interest is paid on
time deposits. The company was incorporated February 16, 1895.
Officers: W. R. Pettiford, President; P. F. Clark, Vice President; B.
H. Hudson, Cashier.
The Capital Savings Bank, of Washington, D. C., has $50,000 capital.
Officers: Hon. John R. Lynch, President; James T. Bradford, Vice
President; L. C. Bailey, Treasurer; Prof. James Storum, Secretary;
Douglas B. McCary, Cashier. Directors: John R. Lynch, W. McKinley,
Robert H. Terrell, Wyat Archer, J. A. Lewis, H. E. Baker, H. P.
Montgomery, L. C. Bailey, W. S. Lofton, James Storum, John A. Pierr,
A. W. Tancil, J. H. Meriwethe, J. A. Johnson, W. S. Montgomery.
Deposits are received from 10 cents upward. Interest allowed on $5 and
above.
NEGRO WEALTH BY STATES.
The following statistics as to the diversified wealth of the New Negro
in the Union have been given out as official: In Alabama, $10,120,137;
Arkansas, $9,810,346; California, $4,416,939; Colorado, $3,400,527;
Connecticut, $550,170; Delaware, $1,320,196; Florida, $8,690,044;
Georgia, $15,196,885; Idaho, $16,411; Illinois, $11,889,562; Indiana,
$4,404,524; Iowa, $2,750,409; Kansas, $4,296,644; Kentucky,
$10,976,411; Louisiana, $19,918,631; Maine, $196,732; Maryland,
$10,392,130; Massachusetts, $9,904,524; Michigan, $5,200,122;
Minnesota, $1,
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