davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-20
SAVES $I2O, 900 A YEAR.
BY NEW LEAD CONTRACT
Callahan Zinc Sells Its Out
put for FiOe Years.

The Callahan Zinc-Lead Company has
negotiated new contract with the
American Smelling and Refining Conf
pany under the terms Of which the
Smelling company will purchase Gala
hans entire output of lead concen-
trltes for a period OF five years. The
terms of the new contract are 80 modi-
fled. according to officials OF the Gala
han company. that saving of appro-
xlmately $4,000 year TO that con-
cern will he effected, based on the
normal annual output OF lead
The report, of the first months opera
tions of the Callahan mines, after 4
two year shutdown. shows November
shipments OF 2.oe3.52i pounds OF zinc con-
centrates, 1928 pounds OF lead con-
centrates and $500 ounces OF silver.
official estimates OF December produc-
tion are considerably In excess OF that
for the preceding month. In letter
to the stockholders, John Borg. presi-
dent. announces that the entire prop
critics OF the Galena Mining Company,
In which the Callahan concern formerly
had 60 per cent. ownership. have been
ae eQured. Plans are nearing completion
for vigorous development OF the new
properties.
The New York herald., 1922-12-20
THIRD. AVENUE RAILWAY
TRIPLES ITS NET INCOME
Operations in NoDember ShoW
Gain Over Month in 1921.

The report of the Third Avenue Rail
way System for November shows net In
come of s22.o41. against s64se for No
vember last year. Gross was s1,1so.435.
against s1,13s,Ses. while expenses were
ss72,6 against s556,562. For the Ave
months ended November 80 gross was
s6.054,6o1. against $5,946.603; ex-
penses, s44s4.s12. against $4,509.6s2,
and net income s142.ss6. compared with
sls.32i in the corresponding period OF
1921.
The Philadelphia Rapid Transit re-
ports November gross at ss,se4.545, COM
pared with s3.4s7,e0s last year. Net
after taxes was s961,e23, against $e5s.-
314, while the balance after charges was
S1s4337. against s17965s. For the
eleven months ended November 30 gross
was t3s,647.71S against s3S SIS, sos:
net after taxes. s10.3sg.965, against
$40 o07.627, and balance after charges.
81. .sbo.25a, compared with s1,547,3s4 for
the corresponding period of the previous
year.
The New York herald., 1922-12-20
METROPOLITAN HOLDERS
ARE TO GET $9, ,577, ,283
Industrial Insurance Policies
Will Benefit.

Directors OF the Metropolitan Life In
surance Company yesterday declared
dividends payable to industrial policy
holders in 1928 amounting to Ss.577.2S3,
of which s6.62s.000 will be In premium
credits on outstanding policies and the
balance OF about 100000 in cash on
death of maturity of endowments. These
credits amount TO from four to twenty
six weeks premiums, depending on the
life of the policy.
Dividends on $500 policies amounted
to a little more than s400. 900 and
special dividends on whole life $1,000
policies. in addition to the regular divi-
dends, were on policies In existence five
years or more SO on 81 900 OF insurance,
and on those older than five years $40
on $1,000 OF Insurance. Under the ex-
listing system the regular dividends on
these policies are declared for four
months only at this time.
formula was adopted for paying
dividends on group life and group health
and accident at rate depending on
the experience with the individual
group.
The New York herald., 1922-12-20
HUDSON TUBE SURPLUS UP.
November, ssD,oSA Compares
with sao,oto In 1927.

The Hudson a Manhattan reports a
surplus after charges and after full
interest on the adjustment income per
cent bonds amounting 20 te9,054 for
November. compared with tS0i0 last
year. Gross was tsSsao2. against seJr .leI
and net after taxes was Ass,6s5, agains:
sf2.sS7.
For the eleven months ended Novem.
Der 20 last surplus after charges
amounted to s7oi17O against s2s. .2s2:
gross OF sio.Ois,oSe. against ss.55o.oa5 and
net after taxes ot sl.t54.0i2. against
s2,es2.asS for the same period last year.
The New York herald., 1922-12-20
BaooKLYN BOROUGH GAS ISSUE.

Stockholders of the Brooklyn Borough
Gas, Company have approved the pro-
posed change In the authorized $1,000
900 common stock. par 800. TO 10000
shares Of no par common and the ex-
change Of the present outstanding coru-
mon for the new at the rate Of four
shares of new for ono Of the old. About
ss4s.00o Of the present common stock
is outstanding. No provision has been
made for any change IN the per cent.
preferred. Directors were also authorized
TO issue 10. 1000 shares additional no par
common 20 be sold az price TO be
fixed by the directors.
The New York herald., 1922-12-20
NEW ISSUE BY PUBLIC SERVICE
Jersey Corporation Has PLAN In
Place Of 30 million Per Cents.

Special Dispatch 70 TIE NEW YORK HruLp.
TRENTON. Dec. 19.--The Public Ser
vice Corporation filed an amended char
ter with the Secretary OF State to-day.
creating s25 100000 of per cent cumu-
lative preferred stock and a like amoun,
Of 5 per cent. cumulative preferred In
place OF the S50. 1000. 600 OF per cent.
stock previously authorized. The au-
thorized common stock remains at $780,
900, 900. Creation Of the Z per cent.
class OF stock was ratified at stock.
holders' meeting in Newark yesterday.
having been sanctioned at directors
meeting November 2i
The New York herald., 1922-12-20
IMPORT FIGURES uELp up.

WASHINGTON, Dec. i9.-Figures on
November imports will not be ready for
publication until some time In January.
Secretary Hoover announced to-day
The new tariff law he said. threw n
mass OF work upon the Government de-
partments In revising classification
schedules, resulting IN greatly delaying
the routine monthly reports tovern-
nent statisticians have been Obliged 10
prepare reports in approximately J.250
clsssifications as compared with about
500 under the old Law.
The New York herald., 1922-12-20
JERSEY TUNNEL BONDS
MUCH OVERSUBSCRIBED
NeU York Syndicate Gets
81, 900, 900 Issue at IO2.O07.

Special Dispatch TO THE New York HraALn
TRENTON, N. j., Dec. 19.--An addi-
tional issue of s2.oo0,000 of series C
Ia per cent. bridge and tunnel bonds
issued by the State was oversubscribed
twenty-five times to-day. The success
full bidder was New York syndicate
composed of Dillon, Read & Co., VIM
throp & Co. Barr Bros. & Co. and
Roosevelt & Son.
The syndicate bid was 102.oS7, or a
premium of s41.940 on the issue. Eight
other New York banking houses and the
Fidelity Union Trust Company of New
ark. also bid for the entire issue at
prices ranging from 1o0.56 to 101.55S.
The New York herald., 1922-12-20
ALTON HOLDERS UNITE.
To Act ConcertedIy In Roads Re-
orGa n lzatfon.

Announcement was made yesterday
of the formation OF a preferred and
common stockholders' protective COM
mittee OF the Chicago and Alton Rail-
road Company to safeguard these hold
ers in the reorganization. An agreement
is being prepared and stockholders are
urged to deposit holdings TO obtain the
benefits Of concerted action.
The committee. headed by Walter T.
Rosen OF Ladenburg. Thalmann q Co. in
eludes Franklin q. Brown OF Redmond
& Co; George Woodruff. vice-president
of the National Bank OF the Republic,
OF Chicago; Edward A. Pierce OF A. A.
Housman & Co. and Hugh X Prichitt OF
Prichitt e. Co.
The New York herald., 1922-12-20
$50, 900, 900 CUBAN LOAN
BEARS 81. PER CENT.
To Be Amortixed Annually
and Paid in Thirty Years.

HAvANA, Cuba, Dec, 1s.--The call for
bids on the s5O.ooO,0oO exterior loan OF
the Cuban Government shows that the
bonds will bear ~ per cent. interest and
will be entirely redeemed within thirty
years. Amortization will be at the rate
of sJ00.oo0 the first year. increasing an
nually until the final and thirtieth pay
ment will amount to $3o50.00o.
In addition to the loan being secured
by ordinary revenue supplementary
sinking fund will be provided by the
setting aside of 10 per ceGt. OF the excess
over s6o.0oo.o00 of the Governments
gross revenues.
The New York herald., 1922-12-20
Michigan Highway Boud-.

Eastman, Dillon e. Co.. Barr Brothera
6 Co, and Kountze Bros arc offorlrs
"a block Of state OF Michigan highway
Improvement ~ per cent. bonds. Tho
bonds arc dated October 4, 1929. arc
due October !. 1887. and are exemp,
from all Federal income taxes. They
are tax exempt In the State OF Michirar
TIE bonds arc being offered az a price
to yield 4.05 per cent.
The New York herald., 1922-12-20
Iaox COMPANY TO DISSOLVE.

RocHEsrrR. n. g.. Dec. 19.--StoclS-
holders OF the Furnacevillc Iron Com
pany. Inc, will meet In New York city
December 20 TO vote on dissolving the
corporation. The red hematite ore mines
OF the company at ontario. near here,
have been closed and part OF the ma
chinery has been dismantled and shipped
away. The concern. Il Is said, Is con-
trolled by the Hartman interests. Iron
ore mining has been leading industry
IN ontario county for more than fifty
yCare
The New York herald., 1922-12-20
PACIFIC COAST STEEL
MERGER is FORMED
$50, 900, 900 Consolidation to
SaUe Tariffs.

SAN FRANCISCO, Dec. 1s-Organiza-
ton of a 100000 corporation known
as the Columbia Steel Corporation to
consolidate the plants of the Columbia
Steel Company in Pittsburgh. California
and Portland, Ore, and the Utah Coal
and Coke Company of Utah was an
nounced to-day by Wigginton L. Creed,
president of the corporation.
The plan Of the company is to process
steel on the Pacific coast to save water
and rail tariffs from the East.
The New York herald., 1922-12-20
COTTON SPINNING INCREASES.

WASHINGTON, Dec. 19.---Cotton spin
ming in November showed Increased ac-
uvity. as active spindle hours increased
420,O0O,000 over October Active spindle
hours for November totaled $40.
22f,794. or an average of 2s4 hours
a spindle in place, compared with
S,2Ss,ss6, ,446 and 223 respectively in
october. Spinning spindles in place
November 80 numbered s7.175,2s3. COM
pared with s7,f2s.e59 on October 81
The New York herald., 1922-12-20
CRY EMERSON ELECTED.

at meeting of the directors of the
Bankers Trust Company, Guy Emerson
was elected vice-prcsldent. Mr.. En-
orson for the last six years has been
a vice-president of the National Bank
OF Commerce IN New York During the
war he was vice-chairman of the Lib
erty Loan organization end director OF
War savings in the Second Federal Re
serve District.
The New York herald., 1922-12-20

bonds are secured as to principal at
8 per cent. interest by first mortgage
on all the property formerly owned by
the company comprising a telephone
system In Cleveland. Ohio. aud including
460 miles OF subway and l50 miles OF
aerial cable. together with a nine story
building In tho business center or that
city. They are occurred as 10 the addi-
tionai per cent. by second lien on the
The New York herald., 1922-12-20
cuyahosa Telephone Co. ~.

The extended first mortgage bonds of
the Cuyahoga Telephone Company,
which now carry interest at the rate OF
per cent. have q very good investment
rating These bonds yield at present
prices about $50 per cent. The bonds
were originally bs. but were extended
to is In 1919. and again on january /.
last. with interest az per cent. The
The New York herald., 1922-12-20
TOBACCO MEN eEr U. $. LOAN.

WAsHtSGTor. Dec. 19.--An advance Of
s7.500.00o 70 the Dark Tobacco Growers
Cooperative Association Hopkinsville
KY. to finance the orderly marketing OF
tobacco. was approved to-day by the
war finance corporation.
The New York herald., 1922-12-20
RAILROAD is REoRGANIxED.

JEFFERSON CITY. Mo. Dec. 1s.--Re-
Organization of the Missouri Kansas and
Texas Railroad Company was approved
to-day by the Public Service Comrnis-
sion. The new name Is Missouri-Kaneas-
Texa4' Railroad Comsany
The New York herald., 1922-12-20
Borp. Brothers.

Directors or Burns Brothers took no
action at their meeting yesterday after.
noon on the proposed recapitallsation
plan Of the company. The meeting ad-
journed subject 10 call by the chair.
The New York herald., 1922-12-20
calI MONEY str.dr.

The money market was quiet yestcr-
day. In the New York Stock Exchange
call money opened and renewed at a.,
per cent. and held at that level. Loans
for so TO 80 days were made at AZ per
cent. and 3o-day money was available
at Az per cent.
The New York herald., 1922-12-20
Harrison, ". ", Offering.

Farson, Son & Co. are offering a new
issue OF $4,000 4h per cent. coupon
bonds OF Harrison. n. H.. maturing
serially ie23 TO 1857, at price TO yield
40 per cent. The bonds are exempt
from Federal income taxes and arc a
legal investment for savinss banks.
The New York herald., 1922-12-20
NATIONAL SUPPLY COMMON.

Dominick g. Dominick and Hayden
Stone Co. syndicate managers. an
nounce that ailotmonts on the offering
or National Supply Company Of Della
ware common stock will be made on
basis OF 25 per cent. OF subscriptions.
The New York herald., 1922-12-20
bill TO KILL :. c. G. aopBv.

WARRINGTON Dec. ia bill to make
q unlawful for any person to attempt
TO influence tho determination OF any
proceeding before the Interstate Com
merce Commission, except In accordance
with rules and regulations OF the com
mission. was introduced to-day by SEN
ator Ia Toilette. Republican. Wisconsin.
The New York herald., 1922-12-20
NEW pANK OFFICIALS.

The appointment Of Walter E. Low
blad and Oscar L. Cox to be second
vice -presidcnts and Matthew ]. Kelsh
to be assistant cashier. have been an
nounced by the National Bank Of Com
uiercc In New York. effective January 1.
The New York herald., 1922-12-20

same property. Tho Cuyahoga Telc-
phone Company was merged with Other
companies In 1914 into the Ohio Stat,
Telephone Company. The latter cori.
pany was merged into the OiMo Del
Telephone Company In 1921. This isste
H. prior IN lien as TO principal and re-
cent. interest TO tho Ohio state Tcle-
phone Company consolidated snd -
FUNDING Sc OF 1s4t
The New York herald., 1922-12-20
\. y. TITLE AVID MORTGAGE.

Harry De Mott. president OF the Me
chanics Bank. Brooklyn. was elected n
director OF the New York Title and
Mortgage Company yesterday, TO fiIi
the vacancy caused by the recent death
of Edward NJ Burghard.
The New York herald., 1922-12-20
rHnocxmonroN a co. BONUS.

Throckmorton e. co. arc distributing
10 their employees q Christmas bonus
or per cent % their vcariv salafNts
The New York herald., 1922-12-20

&4 eAdaun., Issue
$5,OOO,OOO
Electric Bond and Share Company
go Cumulative Preferred Stock
(PaYa f shressl
ehomPr Normal Fedea1n eTa
s a 9's % s % s @ Fl E
NE3'"oN"s"al
CAPITALIZATION
Upon completion dn n
Peknedtod g. %Curmatv Gndudmg saejs
Commons 2oOooOo l62oNo
following
Business: Bond ss c 1se n s d sssy = Is sSs MSa ss holds
= % soa 5ds, % = sse ssss a ss
s ssss 5s @ % e essas % this H s % used for general corporate
Provisions. Company
's sys S s' @ z =
stock is osunnaaS
outstanding dstok~- - - - 4
ended % 9ces = annual I aa N 9se@s % sSs rsa s75o s Il.
total @ "uSaT @ sn n su uSaens snf S nss %
% M me M sanohstp p saan4ia
Rsss RsGa @ sS"
@ @ hssHa regular onsIssh shans per
EQUITY s5 ss m % sa will eas ssssa s s s asss s s &
ssss ss % % ] % a Company Company
~s.'dsy
,fronnNo
Bonbright & Company
as .a ss e:. :ss: which reliable
The New York herald., 1922-12-20

officiai bar silver In New York. Domestic.
eessc.. unchanged: foreign. 627sc., uD Nc. /;
LOrdon, 30asd.. of la Mexican collars.
AT.sc.. ID isc
The New York herald., 1922-12-20
fs"1 fVhNS
cOMMERCIAL PArEn.
orEN MAnKEr RATE.
CLEARING HOUSE STATEMENT
SILVER MARKET

Clearing House exchanges. ss9s 900 900
balances. s74 900 900; Federal Reserve credit
balance, t54 900, 600.
The New York herald., 1922-12-20
MONEY MARKET.

TUESDAY. DECEMBER 10
Renewals. ........ 1at Last. ......... .s,
IIirh........,..... ~ Years high.....
Lo"'.'...''.S. ~. - fear.s iow....... oqt
TINE LOANS.
liixed collateral, 60 days. az
Mixed collateral. no dsya..............4 az
lndustrials, ~ days. yS..................... AZ
lndErtrials. 90 days................... az
COMMERCIAL PAPER.
Best nsrieJ 20 Q month";. fr...........,.. ~
Other names, TO months. 81
DISCOUNT RATE, RESERVE BANK.
Commercial paper, 10 days, a so 20 90
days. 4; Liberty bonds and Victory notes. is
days. 4: 10 10 20 days, 4. bankers accspt-
snces. is TO 90 days. A.
OrEN MARKET RATE.
Gail loans and acceptanccs. ..4Msl
Disc punt rates on prime bankers accent
snces eligible for purchase by Federal Re-
serve banks:
BID. Ask Eid. Ask.
co days. ~ If2c dsys..... 4E
CLEARING HOUSE STATEMENT.
The New York herald., 1922-12-20
Bonbright & Company
Is Nassau Street

The information contained obtane
While guaranteed, it is accepted
The New York herald., 1922-12-20

L
The Bridgeport times and evening farmer., 1922-11-18
POLITICAL FEUDALIsM IN CONNECTICUT

Governorelect Charles Tempiefon attended the addressed in careful terms Dy leader Bridgeport and by Attorney General Heay Republican leader in that part of Goecucut bordering and appertaining to Windsor LOCKS.
 King suggested that the Republicans had met to discuss reorganization their party MT Healy said that Gonnectcu under Tempeon going to establish certain policies which he described.
 Templeton writes sharp letter, In which says Republican party in Connecticut does and that he does not intend o carry he policies which MT. Heay described
 beautiful example of political feudasm. The he the old days of faction at whom the cheftans any procamaons, ultimaum and like things.
 The tribal system the oreathers found here the Connectuct Indians is fair be restored.
 thoughtful Connecticut advocate direct primaries.
 Nominations directly by the people rid the state of these petty cheftans who each the big neghbohood reduce personal business
The Bridgeport times and evening farmer., 1922-11-18
DENY MOTION FOR SEIZURE
 OF BREWERY

The application for the seizure of Eckart Brothers brewery, this city, made to Judge Edwin s. Thomas or the United States District Court in Norwalk, yesterday, by United. States District Attorney George H. Cohen, of Hartford, was denied. But two wit nesses appeared against the local con cern, Thomas Brown of Nashville, Tenn, special agent from Prohibition Director Haynes office in Washington. cry, May IS last, and James Young of Washington. a government chem ist, who analysed the samples sub mitted.
 On cross imitation by counsel for the brewery, Young admitted that al though the alcoholic content of the samples submitted him were 1858 per cent by volume, it was not necessarily the alcoholic content at the time of seizure. He explained that one of the requisites necessary to Kop fer mentation was that the bottles con- taining the samples should be cork ed immediately. Another requisite to arrest the rise of alcoholic content is that bichloride of mercury tablets be dissolved in the sample.
 Brown admitted that he did not have a sufficient number of corks and tablets to do what might be neces- sary to arrest the increase of alco- holic content. Judge Thomas in dis missing the petition declared that the district attorney was right in bring defendants must be protected as well as those of government. He de clared that criminal action could be brought against the operators of the brewery thereby permitting a jury to pass judgnle nt Attorney Cohen been brought at the same time the injunction was presented.
The Bridgeport times and evening farmer., 1922-11-18

The Bridgeport Telegram ley service Bridgeport which worth considering Bridge port is peculiar Connecticut cities leaving out Nora in that 1t has the five the roey together with jitney competition and five cent fares.
 The five out-growth of the so-called ahar report made during the administration of Mayor Wilson.
 general report trolley to profitable given cent and that this five cent fare could be given provided the Company would adopt certain economics including the
 Bridgeport is ending years test of the five cent fare the outlook is rather hopeful
 The Company appears to be meeting operating expenses
 contemporary that the Company cannot continue plan merely operating that something is due to those capital and who the per This proposition plain that there cannot be dissent from
 it go Connecticut Company has tried all all sorts of plans The five cent are without transfers proved a the best in the of being profitable the Company It cannot increase fares any It cannot lower fares and do as we'll
 The Telegram suggests that the Connecticut Company ought to acquire ney lines by purchase and ope troley and tney under the supervision o1 the Pup lie Utilities the five cent fare that is to ay our onemporarv says unified transportation would soIVe
 No doubt it but ought to be certain guarantees from the Connecticut Company before it is again entrusted with monopoly urban and nter-urban transport ahe power which Bridgeport public has shown to make the unprotable by withdrawing its patronage Tn anger might be sufficient, to meet the condlton
 There nothing prevent the Connecticut Company Pr chasing the tneys willing to buy and the owners o1 the Wbber OF not such action immediately contemplated remains be
 Our contemporary good for knowing xvbat goes on in the of trolley management
 It's editorial may prophetic well advisory and sug eesve unified transportation Is the goal "on economists say should be attained .,.
 The public may ask what would be the nature Of hs service
 Undoubtedly it would bring better type of vehicle Duf what Would there be busses to Long Hill adequate service to Nichols; would there be more ney would the convenience o the people greater less degree would nere be pont would there be coordination o timetables?
 This newspaper put it's stamp project for unyng Bridgeport transport the control of the Connecticut Company cards the table Unltlcalon IS sound theory might be sound practice Lets have the facts.
The Bridgeport times and evening farmer., 1922-11-18
Candidates File
 Campaign Statements

John Packer, defeated mocratic candidate, according to his sworn election statement filed with the town defeated. John H. McMurray, de- feated Democratic candidate for rep resentative, gave $50 to the Demo- cratic campaign fund which was al the money he spent in the campafgn-
 AdOlph Lederer. Republican repre- sentative-e1ect, gave $50 to his poIiti cal agent, Fred Meyer, who in turn passed it over to the Republican town committee There was no other ex- penSe.
 Paul D'Elia, Republican, defeated for alderman in the Seventh district, spent s10.50 for ballots and posters. Charles c. Blackham. Republican, elected in the Eleventh district for alderman, gave $25 to the Republican town committee.
The Bridgeport times and evening farmer., 1922-11-18

1t is just waiting for us to come and get it, she said.
 Miss Ludington's talk was so very interesting and had such an effect on her audience that many women were affirmed sh:rkers of the job of money raising were just waiting anx- iously for some one to ask them to help in this hitherto unpleasant look ing work This lecture was very well arranged so as to come just before the counties were urged to pledge their quota for this years budget was estimated to be $16,500. The pledges amount to about s9.000 and as the state had announced that it would give s4, 1000 this leaves a re- mainder of only $3,500 to be gathered during the coming year.
 Fairfield county's quota was S2,665 of which over S2 200 had been raised. They presented to the audience their deed in a very unique manner. First Miss Vera, Fisher of Bedding, gave a delightful aes6hetic dance after which Miss Mary TuthiI as Connecticut ap- peared carrying the sign "$3s000 to raise.'' In turn came II children re- presenting the local league. Each child wore a baggy garment across the front of which was printed the name of the local league and the amount it had pledged. This presen- tation was decidely effective and was hearth app1auded by the audience. TReazofen particzpating were Della Foster, Ruth TuthiIl. Marshall kourke. Betty Shay. Jean McNeil. Holly and Florence Trecartin, Dor 8hea- Marion and Alma NichoIz