davidaulloa/AmericanStories huggingface dataset:
The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1921-01-01
WELFARE COUNCIL SELECTS d.
RECTOR OF IMMIGRATION -
BRUCE M. MOHLER OF MINNIE
APoLIs CHOSEN HEAD OF NEW
BUREAU.

Plans for a comprehensive survey OF
the immigration situation, as it affects
the interests of good citizenship and
Catholicity, we're mapped out in Wash
ington this week at conference OF
the heads of four departments of the
National Catholic Welfare Council.
Announcement was made by Father
Burke of the appointment of Bruce M.
Mohler, of Minneapolis, former deputy
commissioner of the American Red
Cross in Poland, as director of the
Bureau of immigration of the Social
Action Department of the Welfare
Council.
A committee composed of Miss
Agnes Regan, executive\ secretary OF
the National Council of Catholic Wo-
en-; DR.. M. ]. Slattery, executive secre,
tary of the National Council of Cath
olic Men, and DR.. John A. Lapp. of the
Social Action Department, was ap-
pointed to put into definite form the
tentative proposals made at the meet
ing, in which practically every phrase
of the immigration problem, from the
time the foreigner embarks from his
native land until he finally becomes an
American citizen, was covered. Spe
cial attention was paid to the problem
of women and girls.
With the great sea ports of Amer
lea already thronged with immigrants
the necessity of immediate action or
the part of the Welfare Council was
urged at the meeting. Notable amons
the plans were those which call for co
operation with existing agencies.
Mexican immigration.
One phase of the immigration pro
blems, that of the Mexicans who cross
the border into the United States, il
being made1the subject of a survey b!
DR.. John A. Lapp, of the Social ActioI
Department, who recently investigate
The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1921-01-01
PAPAL APPOINTMENT

Pope Benedict, on December is, held
a consistory with all the members of
the sacred college now in Rome par
ticipating. They included Cardinal
Mercier, primate of Belgium.
The pontiff appointed Mgr. Gennaro
Cosenza, archbishop of Capua, Italy,
as vice-chamberlain of the Holy Ro
man Church, one of the highest posi-
tions in the papal court.
The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1921-01-01
INTOlERANT WHITES

The priests Of Opelika, La, were
warned. three years ago, that any at
tempt to educate the Negro would be
resented by the whites of the com.
munity. Evidently they wish the Ne.
gro to be a willing pack.horse and an
obedient best of burden.
The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1921-01-01
BELGIUM AIDS POLAND

Cardinal Mercier has sent to the
Polish Metropolitan, two hundred and
ninety thousand francs for the suffer
ing people of Poland. 1t was the gift
of Belgian Catholics.
The New York herald., 1921-08-17
Prices Trend Upward .

The bond market was quiet and
steady yesterday and the few impor-
tant changes in quotations recorded
were upward. The more urgent selling
of bonds appeared to be over. The fea-
ture Of the days trading was the ad-
vance to their new high record of 101M
by Burlington 6hs, which were active
and strong. Northwestern Bell Tele-
phone Is also established a new high
record at 103Ss. Their previous high
record was 103. made just before the
close OF business on Monday. Small
gains We're recorded in many other rail-
road and Industrial issues, the former
being helped by the reports from Wash
ington that President Harding was ex-
pected to insist on relief legislation for
carriers before Congress adjourns There
was good demand for Great Northern
IS, Northern Pacific IS, Union Pacific
first 4s, New Haven SIS, Kansas City
Southern SIS and New York Central
debenture 6s. An interesting develop
ment was sale for the first time In
two months of Distillers Securities 5s
at 62ih. a decline Of 2B points from
their last previous sale. The most
active industrial issues were: Cuban
American IS, Du Pont 71Ss. Sinclair Oil
7hs. American Agricultural 71ss and
United States Steel S. Prices Of United
States Government bonds showed little
change and there were no important
movements in the foreign Government
list.
The New York herald., 1921-08-17
Grand Trunk western 4s.

yield OF close to z per cent can be
obtained on the Grand Trunk Western
Railway Company's first mortgage fifty
year per cent. gold coupon bonds, due
on July l, 1850. They are secured by
first and closed mortgage on 327 miles
OF double tracked railroad from Port
Huron to Elsdon In Chicago, and ap-
purtenances, engines, cars, equipments
and other property. rights, privileges and
franchises now owned by the company
and on valuable leasehold interests. The
bonds are outstanding at $4,000 a mile
of double tracked road, traversing
thriving territory and serving many
large and prosperous cities, including
Flint Lansing, Battle Creek, South
Bend and Valparaiso. The Grand Trunk
Western is controlled through ownership
OF Its entire capital stock by the Grand
Trunk Railway Company of Canada
The interest on these bonds Is gunran-
teed Internationally by the Grand Trunk
Railway of Canada by Endorsement on
every bond. As additional security for
the payment Of this interest the former
company agreed to devote In every half
year not less than 80 per cent. OF the
gross traffic receipts on business inter-
changed with the Grand Trunk Western
to meet interest not earned by the latter
company during a half year. The state
ment Of the Grand Trunk Western for
the year ended on December 81, 1920
shows gross income equal TO more than
five and one-seventh times the total an
nual interest requirements on these first
mortgage bonds.
The New York herald., 1921-08-17
French 7Ms.

An important feature OF the French
external 71as is that they cannot be
called for payment before maturity and
investors buying them now receive as
surance of a yield OF more than per
cent for twenty years. In every one of
the next five years the French Govern
ment must buy in ss,000.000 worth of
the bonds il obtainable at or below par.
but there is nothing in the loan con-
tract to the effect that the bonds can be
redeemed as a whole or in part before
June L. 1941, their maturity date. The
bonds are a direct obligation of the Re-
public of France and are payable prin-
cipal and interest in United States gold
coin without deduction for any French
taxes. They were offered in the amount
of $100.o00,000 by syndicate headed by
j. p. Morgan & Co. in May at 95.
Their sinking fund is payable in month
ly instalments of $4,000 and it's first
payment was made on July /. The bonds
are In coupon form in denominations of
$1,000, $500 and 500. Frances exter-
nal debt reached its maximum figure on
September 80. 1920. Since that date it
has been steadily reduced. The balance
of trade against France has decreased
considerably in the last two years.
The New York herald., 1921-08-17
NEWS AND NOTES
OF BOND MARKET
Banking Syndicate to Market
S1,5OO, Pathe Exchange
Bond Issue.

Merrill, Lynch & Co. and Hemphill
Noyes & co. and the Federal Securities
Corporation Of Chicago are heading a
group of investment bankers for the sale
of new issue of s1.50o,0o of ten year
8 per cent. sinking fund gold bonds of
the Pathe Exchange, Inc, at 971a and
interest. The company will provide a
sinking fund. beginning on September l.,
1922, to be applied to the retirement OF
at least tenth of the largest principal
amount Of bonds ever issued in the
following manner: At least twentieth
Of the bonds to be callable yearly by
lot at 110 and interest and at least a
twentieth to be purchased in the open
market up to 10 and interest on Sep
tember !, 1881, the bonds then outstand-
ing will be paid at 110 and interest. Due
70 the operation of the sinking fund the
yield on the bonds viii range from
20.40 per cent on those redeemed on
September /, 1922, to 902 per cent on
bonds redeemed on September /, 1881.
The company's financial statement as
of February 2S. 1921, after giving effect
20 the new financing, showed net quick
assets amounting to S3,494.616, or 233
per cent. of the amount of this issue.
The Pathe Exchange Inc. buys, prints
and distributes motion pictures. For
thirteen years ended on February % the
company reported aggregate net profits
of s7,0S2.373. Its average net profits
for five years ended on February %
amount TO s752.152, or more than six
and one-quarter times interest charges
on the present issue of its bonds.
The New York herald., 1921-08-17
Average Bond Prices
August I6. 1921.
Ohio Municipal FIotations.

syndicate headed by Harris, Forbes
I Co. is offering an issue of $3.50, 900
Of city of Columbus, Ohio, per cent
seven to twenty-five year serial school
district bonds at prices to represent a
basis of 5& to 51a per cent. Other
members of the syndicate are the Ma
tional City Company. Estabrook & Co.
Curtis & Sanger and Hayden, Miller &
Co. of Cleveland.
George B. Gibbons & Co. are offering
S657,000 of city OF Youngstown, Ohio.
coupon or registered per cent. water
and paving bonds. due in various
amounts yearly in 1924 to 1949. inclu-
s!ve, at prices to yield $50 to $40 per
cent. They are exempt from all Fed
eral income taxes and surtaxes and are
legal for savings banks and trust funds
n New York, Massachusetts, Connecti-
cut and other States. 3. J. Van Ingen
& Co. are offering $4,000 of Cincinnati.
Ohio, So per cent. park bonds, dated
February l, 1916, and due on February
]. 1865, at 105.50 and interest, to yield
about $50 per cent. The bonds are legal
investment for savings banks and trust
funds in New York, Connecticut and
other States.
The New York herald., 1921-08-17
INVESTMENT NOTES.
HumbIe ON Notes.

The Humble Oil and Refining Compa-
ny's two year per cent gold notes.
yielding more than $50 per cent. at
present prices. which are around 97A.
offer an attractive short term invest
ment. They are due on March IS, 1928.
The notes were offered originally In
March at 80 and interest to yield about
7.55 per cent. They are redeemable at
The company's option as a whole but
not in part on any interest date on six
,ty days notice at 100h and accrued in
terest. The company belongs to the
Standard Oil group and engages in the
production. transportation. refining and
distribution OF petroleum and It's prod
ucts. and its production last year was
in excess of 100000 barrels Al
though the company's new refinery was
not entirely completed and the pipe line
system was not in operation during the
full year 1920 its net earnings in that
year. before dedLcting reserves for de-
pletion and Federal taxes, amounted to
about $10,973.000. The company has in
vested $54.492, 1872 in plant and equip
ment. Its total assets, including the
proceeds of this issue of notes. amount
to $111.4S5,041, while. prior to this
financing, neither the company nor its
subsidiary pipe line company had any
funded debt.
The New York herald., 1921-08-17
Uruguay Sterling Lomn.

The recent offering in the United
States of the Uruguay Dollar Loan has
aroused new interest In the Uruguay
sterling loan gold 5s OF 1919. During
the last three months a considerable
number Of these bonds have been pur-
chased by American investors. The
dollar issue is a direct obligation OF
the Republic of Uruguay and secured
by a first mortgage on the Uruguayan
East Coast Railway, Ltd. The Gov
ernment guarantee formerly paid to
this railroad is applicable to the pay
ment of sinking fund and interest of these
bonds. The money for that guarantee Is
provided by funds secured through the
hypothecation of As per cent OF the
gross customs receipts of the republic
The bonds are exempt from all present
and future taxes and imposition in the
Republic of Uruguay, and their interest
is payable quarterly. Their principal
and interest are payable in London in
pounds sterling; in Montevideo in gold
at $470 a pound sterling and in New
York in United States gold at $4s6 a
pound sterling. 1t is that latter feat
ure that makes the bonds attractive to
the American investor. The issue is
comparatively small amounting to
f6O5,000, and the bonds are in coupon
form OF EGO denomination only. They
are selling at about $50 a EGO bond. At
that price they are on an income basis
OF 81 per cent, but as their principal
Is payable in gold by the operation of
sinking fund of per cent a year by
purchases IL under par or drawings at
par. their yield basis is considerably
higher
The New York herald., 1921-08-17
City of Toxic IS.

Fluctuations in City Of Toxic per
cent. sterling bonds, due In 1852, have
been in sympathy with current move
mcnts Of sterling exchange rates at
New York They are payable. principal
and interest, IN New York in dollars at
current rates Of exchange, and in Lon
don In sterling. At present high prices
they yield about SAT per cent, payable
IN sterling, and payable in dollars. at
the present rate Of exchange, about 6 .35
per cent. The bonds arc redeemabie
after February 26, 1922, at par. A
sinking fund provides that / per cent
annually OF these bonds shall be pur-
chased when they are under par, and
FOR the repayment at par BY drawings
when the price Is at or above par. This
loan was created by authority OF the
Municipal Assembly and was sanctioned
by the Imperial japanese Government
It's proceeds were used for acquiring
electric tramways and electric light UNI
dertakings from the Toxic Railway
Company. Ltd. The bonds we're offered
originally in February, 1912, and sold
in New York at 95ss.
The New York herald., 1921-08-17
Empire Gas and Electric.

high grade low priced per cent.
issue is that of the Empire Gas and
Electric Company, Empire Coke Com
pany joint first and refunding SIS, due in
1871, selling at around 75h. Bonds
bought at that level show a return of
about 6ss per cent, and an additional
profit Of about 33 1-3 per cent. should
the bonds again sell at par. In normal
times this issue ranged between 81 to
par. 1t is secured by a mortgage on
property worth SS,000,000, against
which bonds Of only S4,457,000 are out
standing. The company serves with
electric light, power and gas pros
porous and growing territory in the
central part of New York State Prac-
tically all the electricity is generated
by water power. 1t furnishes power to,
large companies, a few of which are
the International Harvester Company,
the New York Central Railroad, the
American Can Company, the United
States Radiator Company and the Ge-
neva Cutlery Company. Its earnings
have been more than double the interest
charges on these bonds.
The New York herald., 1921-08-17
s MINERS NOW DO WHAT a DID
Results shown by Records of Dig
gers In Anthracite Field.

While the anthracite mine workers
earnings are on the average 13S per
cent above the level Of 1913, the
amount OF coal produced by each man
has declined, according to Anthracite.
One large coal producing company In
the Schuylkill field had cost account
ants analyze the volume OF coal pro-
duced by each man, with the result
that average daily production was
shown to be "a tons in 1914 and 1.9
.ons in 1921.
a company In the Wyoming field now
employs 5000 men and obtains the same
number Of tons OF coal as it produced
three years ago with 1000 men.
The New York herald., 1921-08-17
FREEP0RT TEXAS REPORTS.
Earnings 80 Cents n share I'm six
, Months, Compared with s1.47.

Earnings OF 43 cents a share are re-
ported by the Freeport Texas Company
fo the six months ended May 81. This
g. shown before depreciation, depletion
end taxes, and is based on 500, 900 shares
o. no par value This compares with
s. "a q share In the corresponding per-
iod OF 1890.
Net income for the half year was
s2ts,Se6, against s73s.493 year ago
aud sSS1,22 two years ago. Gross
taias were s1,eO6.363 against s2,225,37
Charges to profit and loss account were
~ ,63s for taxes and s32T,9S3 for de-
pleuon and depreciation, reducing the
profit and loss surplus from s4.799.439
st the beginning Of the period 10 s4,2ss.-
$40 at tho half years close.
The New York herald., 1921-08-17
Oner Arecibo Bonds.

Ames. Emerich & co. are offering
$500, 600 OF 5ia per cent serial gold
bonds of the Province OF Arecibo. due
serially on July !. 1926, to July /, 1910,
inclusive at prices to yield 5.625 per
cent. 20 $50 per cent. according to their
maturities They are issued under au-
thority OF an act OF Congress and are
guaranteed principal and interest by the
people OF Porto Rico.
The New York herald., 1921-08-17
EXPORTS FROM NEW YORK.

Exports from New York yesterday
Wheat, 90.943 bushels; corn. s7,094
bushels barley, 30,122 bushels peas
200 bushels; beans, 500 bushels
flour. 35, ,39S sacks beef 407 tlerces ba.
cons. 2,S3s.050 pounds; hams, 62.50t
lard, 3,413.919 pounds; grease, 32s, 800
pounds; cottonseed oil, 100000 pounds
lubricating oil. 5O4.s00 gallons.
The New York herald., 1921-08-17
u. and NJ. Issue Authorized.

The Boston and Maine Railroad Com
pany's stockholders in a special meet
ing authorized yesterday an issue of
ss.049.000 OF its fifteen year bonds at
an interest rate not to exceed z per
cent. TO take care of s1.775.000 of the
I'itchburg Railroad bonds, maturing on
October /. 1921 s1,000.Oo0 OF the Bos-
ton and Maines bonds. maturing on
November /, 1921, and s274.0 900 bonds
Of the Manchester and Lawrence Rail-
road, maturing on January ], 1922.
The New York herald., 1921-08-17
A sparse Outlook.

The immediate outlook for new
financing OF consequence is sparse. ac-
cordlng to the head of large distribut-
ing house. but more activity is antici-
pated directly after Labor Day. Little
In the way or industrial or railroad
loans can be expected for many weeks
but that fall should see additional
financing for South American countries
Cuba, and possibly other foreign ma
tlons. In that connection II may be
noted that the option Of the so-called
South American group on financing ,or
Chile has expired and two different
groups are said TO be angling for new
business with that country. Peru and
Uruguay will seek additional funds and
the Argentine loan negotiations arc not
dead but merely slumbering There IL
no disposition, however, 10 do anything
until after September 5.
The New York herald., 1921-08-17
Canada Steamship Lines, Projcctt.

The Canada Steamship Lines an
nounces that, subject to the approval OF
its shareholders. II will, offer in Canada
s6,000.0o0 Of its per cent. first mort
gage collateral bonds, which will re-
place the s5,000.000 proposed London
financing. abandoned owing to exchange
rates. The new issue will be secured by
sS,400.0e0 90 per cent. debenture or
bonds
The New York herald., 1921-08-17
DIVIDENDS AND INTEREST.

NtiaDtic Coast Line Railroad Company.
Interest due September /, 1921, on Atlantic
!. .sst Line Railroad Company First Consol-
= ter 4eo Bonds viii be payable at the office
}. the United States Trust Company of New
X, As Wall Street. New York, on or after
!, tember /. 1921.
lie transfer books OF sald bonds will be
i cd August 1s, 1921. and ro-opened Sep
~ Der 1, 1921.
UNITED STATES TRUST
COMPANY OF NEW YORK.
7e wILTRED ]. WORCESTER. Secretary.
The New York herald., 1921-08-17

issue OF 100000 OF city OF Pensacola
AZ per cent gold bonds. They are au-
thorized by a vote OF the city and vali-
dated by the Florida State Legislature.
They are in coupon form. Of $1,000 de-
nominations, and due on January /, 1850
Tho bonds are eligible as postal savings
deposits and are selling at S21A to yield
SIS per cent
The New York herald., 1921-08-17
CABLES
BRAZILIAN STATISTICS.

Rio receipts 1000 bags. Fine weather III
all sac Paulo district. temperatures 30 C
"A
The New York herald., 1921-08-17
COFFEE.

The range Of prices in yesterdays
coffee futures market was as follows
The New York herald., 1921-08-17
New Pensacola Issue

r. NJ. Grant & Co. are offering a new
The New York herald., 1921-08-17
BONDS SIN STOCK EXCHANGE
TUESDAY. AUGUST 1s. 1921
Sales lin

RANGE OF LIBERTY BONDS.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
Stacey Plans to-
Rest on Farm, In
Lucille District

William Stacey, former county at
torney, who retired from that office
this week, announced today that he
will spend three weeks or month
in rest on his farm near this city
before he announces his plans for
the future.
Mr.. Stacey served three years and
seven months in the county attor-
neys office. Sixteen months of this
time he served as county attorney
and the balance of the time as as.
sistant county attorney. This is s-.e
longest period Of service ever rem
dered in the county prosecutors Of
flee of Grady county by any one
man, Mr. Stacey says
1t is rumored that Mr.. Stacey will
represent parties involved in several
suits against the county.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
LegiOnaires Get
Busy on Plan to
Get Bill Through

Oklahoma City, Jan. Con the
opening day of the eighth Oklahoma
legislature the American Legion pre-
sented its bill providing for the
construction OF a Soldiers Memorial
Hospital to lie erected in the state at
a cost OF $2,00C,OOO. At the time of
presentation the Legion officers ask.
ed that a committee be appointed to
hear evidence Of the necessity for
such hospital.
At the hearing to be held shortly
Legion officials will present records
TO the United States Public Health
Service showing that there are at
all times an average of between
1000 and 1900 veterans of the war
from the state being treated in hos
rials in Texas Missouri, New Mex
leo, Colorado, Arizona and Georgia.
They will show that an average Of
300 men are being sent outside the
state every month
When the bill comes up for final
passage the Legion will present to
the legislature petition signed by
more than 100000 citizens of the
state. Each post has circulated a
petition and obtained hundreds Of
signatures who favor treating Okla
homa veterans in Oklahoma rather
than sending them to distant hospi-
tails. Another petition will be pre-
sented from the 1900 Oklahoma vet
erans now being treated in hospitals
In distant states.
The Legion bill provides that none
of the appropriation shall be availa-
bic until a contract with the federal
government has been signed under
which the government will lease the
hospital for ten years at yearly
rental of one-tenth of the total cost
as will be bearing all expense of
equipment and operation. Under the
plan the state will not have spent a
dollar on the hospital at the end of
the lease period.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
Cradle Boards.

There are nine different kinds Of
cradle boards used by the various
tribes of North American Indians.
The Eskimos did not use such board.
The baby was wrapped in the hood of
the mothers fur coat. In the most
southern tribes the baby was merely
bound to the mothers back by strip
Of cloth long enough to hold 1t.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
Machine Worth Having.

"The typewriter will never be per-
feet" says the Syracuse Herald, "un.
til 1t can go ahead and write some
thing without somebody telling 1t what
to say Which reminds us Of what
Hipling In his livelier days wrote as
a testimonial for a certain machine.
" just start the typewriter of with
a line" he said; "then l 60 out for a
walk. and when return there is the
poem all written" n."-Bost0n Tram
script - .lliax
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
Rebckahs to Meet.

The Rebekahs will meet tomorrow
night at 1880 O'Clock In the X. of p.
hall on Chlckasha avenue. A regu.
lar business session viii be held
and at the close Of the meeting n
Joint installation OF the officers Of
the |. o. o. r. and Rebekahs will be
held.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
Meeting Day Changed.

Chickasha division, number 523. G..
|. A. OF the B. OF l.. +. has changed
its meeting day to Friday, Mrs. G. Y.
Horton, secretary, announced today.
The next regular meeting will be
held tomorrow when newly elected
officers will be installed, she said.
Mr. Horton urged all members OF
the organization to be present.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-01-06
Short Stories
Of the Town
Choir Rehearsal Tonight.

The choir OF the Christian church
win meet tonight at 1880 at the
church for rehearsal, II was an.
nounced today by Rev. Clifford d.
James, pastor OF the church.