davidaulloa/AmericanStories huggingface dataset:
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
JAPAN TO HOLD BACK SILK
Exporters Will Keep 20 Per Cent of
Output Off the Market to
Prevent Slump.

Tokyo, Aug. Sin order to prevent
q slump in the silk market, raw silk
manufacturers and exporters have de-
cided to withhold 80 per cent Of their
output in the harbor at Yokohama, it
was announced here. The silk has
been accommodating at Yokohama, ow-
ing TO the stagnation Of export trade,
and a decline in the domestic demand,
according to dealers.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
nF WOLF HOPPER MUST PAY
Musical Comedy Star Ordered by
Gotham Judge to Give $500 to
Fifth Wife.

Now York, Aug. 3.-DeWolf Hopper,
octor and musical comedy star, within
tba next five days, will have to pay
&c 200 TO his fifth wife, Mrs. Elda Sur
~ Homer, who has filed suit for abb
solute divorce in the Brooklyn SUI
nroue court. This order was signed by
Sunreme Court Justice McCrate in
Brooklyn.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
FIND SCOTCH WHISKY IN SEA
Cali Is Not Fish That Comes to tho
Net" Coney Islanders
Discover.

New York, Aug. 2.-Early bathers at
Coney island got the benefits of an i'll
wind that blew on some auxiliary
sloop. One of the swimmers became
entangled in a submerged rope to
which a float was attached. Pulling
on it he found a bottle Of Scotch
whisky. Other swimmers began
search of the nearby waters and with
in 80 minutes two cases had been
picked up.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
4 KILLED, 10 SHOT IN ERIN
Republican Irregulars Suffer Casual
ties in Attack Against Free State
Outpost Near Limerick.

Dublin, Aug. 5.-Four Republican ir-
regulars were killed and ten were
wounded in an attack against Free
State outpost near Limerick. Tne au-
vance of the Free State troops con-
tinues. but the rebels are fighting des-
perately with their backs to the wall.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
IGNORES DEATH THREAT; DIES
Italian Miner at Auburn, ILL.,, Scorns
Warning Shots Fired
by Trio.

Auburn, Ill.,, AUG 3. Ignoring
threats of death given him ly three
men, who woke him from sleep by
firing over his bed, John Mackesi, for
ty-eight, an italian miner, was found
dead outside his home. A blow in the
back Of tie head had killed him.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
YEGGS ROB THREE SAFES
Robbers Force Entrance to LARGEST
Department Store in Muncie, Ind.
Get $4,000.

Muncie, Ind, Aug. S.-Forcing ami
entrance by picking lock on an alleJ
door, yeggmen entered the largest de-,
partment store in the city and escaped
with $4,000 in currency from three
safes. One safe was blown open. the
other two opened with burglar tools.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
VERA CRUZ NOW A SAFE PLACE
kiIIino of Notorious Spanish Bandit
and Surrender of Rebel Leader AS
sures Oil Production.

Mexico City, Aug. 5.-The killing of
the notorious Spanish bandit Gorozabe
and tbe surrender Of the rebel leader
Aureliano Lara have resulted in the
comnlete pacifcation of the state of
Vera Cruz and no further interference
with oil production or travel is ex-
nooted if was announced by s. Elias
Gales. chief of the cabinet.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
18TH CONFERENCE is OPEN
Another inter-Allied Farley Starts
at London-May Be Fate
of Europe.

London, Aug. 8.-The thirteenth.
inter-allied conference since the treaty
of Versailles was signed and opened
with every possibility that it would de-
eide the fate of Europe.
Upon the outcome hangs future An.
glo-French concord and the possibil-
ity Of Germany being dragged back
from the verge of bankruptcy. The
United States is not represented.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
HARDING PLAN is REJECTED
Railroad Executives Refuse Assent to
Giving Seniority to Men
on Strike.

New York, Aug. Railway execu-
tives meeting here rejected President
Harding's proposal to restore seniority
rights to striking railway shopmen,
but accepted conditionally the other
two proposals of the President. This
announcement was made by President
Loree of the Delaware & Hudson rail-
way.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
STORM CAUSES MILLION LOSS
CIoudburst Hits Hot Springs, S. D.,
and Large Amount of Property
Is Damaged.

Hot Springs, S. D., Aug. 5.-Prop-
erty damage, estimated at nearly ST.
100000, was caused by :. cloudburst,
which struck this city, isolating it for
several hours from the rest of the
StatQ
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1922-08-11
Lake Sailors to Strike Soon.

Detroit, Mich, Aug. Goal pass
ers. deckhands, able seamen, f1remen
and oilers employed on Great Lakes
freighters will strike ''ih a few days"
Thomas Conway of Buffalo, chairman
of the executive committee of the
Great Lakes district of the Inrerna-
tional Seamen's union, announced here.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12

including friends from Shreveport and
Bossier City. Mrs. Thompson is very
ardent worker in the Federation and
very graciously. accepted the RESPONSE
ailities of assisting in leading the
activities of the circle. Mr.. Thompson
placed his name on the list with the
men who are honorary members of the
club. The next meeting will be in the
home of Mrs. w. H. DeMoss.
Mr.. and Mrs. H. H. billiard and baby
Of Oil City came down to spend the
weekend with their parents, Mr.. and
Mrs. w. T. ColGuitt. On Sunday. Mr..
billiard developed a severe case of
dengue and is still here confined to his
room. Mrs. Colquitt is another sufferer
from the prevailing disease but is re-
ported as improving.
The Ladies of the Methodist Mis-
siOnary Society are conducting din
ing hall at the fair this week and are
receiving liberal patronage. They
serve splendid meal and give such
efficient service that each guest
assures them of another. The ladies'
are very thankful for this patronage
and assure their friends they will be
here next year with this same courtesy
and hope to serve every one.
The Rossier. Parish Fair oroned
October 18th at noon with band con-
cert and welcome to all. The agricul-
tural exhibits are the hest ever dis
played and sounds strong note of the
benefit of Investigation. Mr.. J.. r.
Fulliloye and Mr.. +. f. Vickers each
have one man farm exhibits that are
attracting much admira ton, the won
der being how any one man can get
such variety. The stock, cattle sheep
and hogs show BoSsier has come into
its own. The Wonian's and Fancy
Work departments are most creditahle.
truly our women can never be called
second along these lines. The Plain
Dealing and Bossier City High Schools
certainly reflect great credit. The
colored division is well filed and very
deserving exhibits are on display. It
may all he summed UP by saying a
splendid fair is now in full progress.
Mr.. f. s. Burt, Demonstration Agent
and general Superintendent Of the
agricultural Department, is greatly
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12

missed from his post but is being
sp,endidIy represented 10y Mr.. J. T.
Fulliloye who has had much expert
ence along this line Of work and whose
heart is very much in the fair. Mr..
Burt is at his home in Benton with
iengue but hopes to lie able to fill his
place at the State Fair.
Thursday morning. October 9Th, just
as the first rays of sun were kissing
the tree tops the white winged mes
senger OF death entered the home of
G. H. Andrews on Buck Hall Pianta-
tion and claimed the beautiful Chris
tan spirit of Mrs. G. II. Andrews sr.
Ieath was not unexpected as all hope
for her recovery had been given up
some days previous. Through the long
Illness the husband three sons, and
three daHghters-in-law had been all at
fentiOn and Mrs. Andrews while suffer
ing intensely, was ever patient and
bright, never numbering nor complain
iHg. Mr. and Mrs. Andrews were mar
fied about forty years ago when each
were very young. She was a very
consecrated member of the Methodist
church and an ardent worker until i'll
health in recent years compelled her
to give up her work Her perfect
Christian life has inspired her family
ever to higher and nobler life, and all
who touched her life felt the imprint
of nobler aims. Truly do her husband,
children and friends rise up and call
her blessed Interment was in Forest
Park on Saturday morning. May God
IN His infinite love and mercy give
comfort to the heart-sore family is the
wish Of ardent friends.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12
Bossier City

Mrs. T.. A. Ship spent Saturday in
Shreveport visiting sick friends.
Mr.. j. T. Tillnlan is in Livingston,
Texas. this week attending to business
and visiting relatives and friends.
Mr.. and Mrs. y. Gardener. Of
Shreveport. spent Sunday with their
parents. Mr., and Mrs. w. H. DeMoss.
Mr.. and Mrs. r. l.. Strong, Of Plain
Dealing, visited their brothers, Mr.. Il.
l.. and Albert Gleason several days
last week.
Mona Mae Thompson has been real
sick ut her home several days this
week. She is now improving to the
delight of many friends.
Mrs. Gamble, of Jewella. spent Mon
day with Mrs. ]. I. Marberry. Mrs.
CANDLES good nursing left Mrs. Mar
Terry very much improved.
Mr.. and Mrs. G.. III. Andrews have
moved from Buck Hall Plantation to
Shreveport and are now pleasantly
domicilcd on Dalzell street.
Mr.. and Mrs. ]. T. Smart. Of Shreve-
port, spent Sunday afternoon with Mr..
md Mrs. T. J. Smith. These charming
guests did much toward Mr.. Smiths
Improvement.
Dr. Shaw and Mr.. Calcoat, of
Shreveport, are putting in concrete
filling station in the south end of town
near the intersection Of the HaughtOn
and NinOch roads.
Miss yalery league has entered
Miss Armstrong; business school in
Shreveport. She is taking fhe regular
business course but expects to take
some especial training later.
Harold Smith, son Of Mr.. and Mrs.
n. I. Smith. has returned to Ruston
and entered l.. r. l. He is member
Of the Senior Glass this year aud Is
taking the course In Mechanical Train
Ing.
Taylor Brothers. OF near vanceville.
l,aye opened a grocery store in the
building formerly occupied by White
Rose Pressing Club. The pressing club
is now located in the small building
next to the ]. z. Smith restaurant.
That Rossier Is ever abreast the
times Is proven by the proposed cash
and carry store that is to soon be in
operation. The name of the new firm
is not known to the writer yet hut we
a!c told they expect to use several
young ladies' In the store.
Friday. October 9Th, Mr.. and Mrs
Y. 4. Thompson threw open the doors
OF their beautiful new home on "Cozy
Corner Farm" and entertained the
Christian Weman's Federation with a
most splendid turkey dinner. Mrs
Thompson Is noted for her splendid
f'iuncrs but on this occasion she out
cid her former reputation, the hig.
rown turkey with all the trimmings
was truly n feast fit for the gods. .
The l,one was decorated with cut
flowers and ferns. There were thirty
enc guests to enjoy the Inequalities,
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12

the Parish Of Bcssier. Louisiana, Of sato
the 1th DAY of September, 1922. I II n
Connell, President of said body hereb, ysr.,
notice that an election will be held in School
District No. 8. in The Parish of Bossier LOW
isiana, on Tuesday. the 7tn day of Noyem-
her, 1872, as set forth in the following al
stract of said ordinance:
9. Section /. Be it ordained by the par;ss,
School Board of the Parish of Bossicr. Ton
isiana, in lawful session convened. Thar ~
election shall be, and is hereby called to hc
held In School District No. 8. in the PARISH
of Bossier. Louisiana, on Tuesday. the 7tb
day Of November, 1922, at which election the
majority of the property taxpayers Of the
said district, in number and amount, eligible
to vote and voting, shall determine the
Proposition to incur debt and issue
bonds Of the said School District No. s. II
the Parish of Rossier,. Louisiana, to the
amount Of $4,000, to run for a period NJ
twenty years, bearing interest at tile rate
OF 5 per cent per annnum, payable semiasi-
nually, the funds thus derived to be used
for the
!" Purpose of purchasing site, erecting and
equipping school building in School Dis
triet No. 8, Parish OF Bossier, Louisiana. 3
The said election shall be held at fhes
following polling places: benton and Vance;
vile, and the following commissioners and
clerks OF election are appointed to the res-9
pective polling places Mrs. G. s. Wyrhe.
Mrs. Sid Adger and Mrs. r. v. Kerr, CON.
missioners; w. /. Gayle, clerk-for Benton !.
]. S. Alison. T. A. Tidwell and Mrs. j.
Logan, commissioners; J. G. Logan, clerk
for Vanceville; each being a registered
voter. and to serve without compensation.
Notice is hereby further given that al
the Sth day OF November, 1922, the frst
day following such election, at twelve
o'clock M, the Parish School Board win
meet at the Office of said body, In said par-
ish. and there, in public session, open the
ballot boxes, examine and count the votes.
both as to number and amount, and examine
and canvass the returns, and declare the rc-
suit of the election. and promulgate the
same.
Given on this, the 7th day OF Septem.
| bcr, 1922, at Benton, La. in said parish.
w. q. CoNSELL,
9 President Of the Parish School Board Of
the Parish Of Bossier, Louisiana.
"A true copy:
r. v. KERR, Secretary,
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12
APPLICATION TO PURCHASE.

Department of the Interior,
q. 8. Land Office ut Baton Rouge, La.
August 49, 1922.
NOTICE is hereby given that Webb Hunter
Martin. whose postoffice address Is Plain
Dealing. La, did, on the 18th day Of March,.
1922, file in this Office Sworn Statement ana
Application, No. O1OO74, to purchase the
northwest quarter of southeast quarter OF
section 2, township u, north, range II.
west, Louisiana meridian, and the timber
thereon. under the provisions of the aet 81
June 3, 1873, and acts amendatory, known
as the " Timber and Stone Law" at such
value as might be fixed by appraisement
and that, pursuant to such application, the
land and timber thereon have been ap-
praised, $lO608, the timber estimated
$4,000 board feet at $50 per thousand
and 1000 board feet at So per thousand
and the land S39.5S: that said applicant
will offer final proof in support Of his NJ
piication and sworn statement on the 70th
day of October, 1922, before the Clerk u
Court, at Benton. La.
Any person is ut liberty to protest thyxs
purchase before entry, or initiate contest
ut any time before patent issues, by fling Is
corroborated affidavit In this Office, alleging
facts which would defeat the entry
GEORGE ]. REILEy, Register
August "a, 1922. loct 1871
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12
Notice TO the Public

I hereby give notice that have posted
my plantation In BOssier Parish, Louisiana.
and that all persons are prohibited from
hunting or trespassing thereon under PEN
atty of law.
Plantation referred to is described as
follows: Northeast quarter section Z, west
half northeast quarter and east half north
west quarter, section IT, and west half of
northeast quarter and the west half Of
section 8, and north half of southeast quar-
ter of section Is. all in township II, range
Il, Bossier Parish, Louisiana.
Loot 26l Il. B. HERNDoN.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12
August II, 1929. Ioct 1el
sHERIFF.s SALE.

!. r. Doris %, Wido.c and Heirs of I'D G,
Campbell, Deceased. No. S775. N Secopd
Distrtct Court, Booster Parish, Louisiana.
BY virtue Of writ OF seizure and sale,
issued from the Second District Court Of
Bossier Parish. Louisiana, and to me d.
rected, have seized and will sell at public
auction, for cash, and on terms Of credit A.
set forth in the writ of seizure, without the
benefit OF appraisemcnt, and according to-
law, at the principal front door of the Court
House OF Bossier Parish, Louisiana, during
the legal hours of sale, on Saturday 0cto.
Der IA, 1922, the following described prop
erty, to-sCit,
The southwest quarter OF southwest quar.'
ter OF section and northwest quarter Of
northwest quarter Of section o, township 90,
north, range II, west, situated in Bossief
Parish, Louisiana, and containing 80 acres.
Said property to be sold as belonging to
the above named defendants, to pay the debt
specified in said writ rs well as all cost Of
suit. .,
Sheriff and er-0Dgcio Auctioneer.
September Z, 1922. [oct 12l
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12

Of Bossier City Lumber Company, Corpo-
rated, and that more than SO per cent Of
the capital stock of the said corporation has
been subscribed and paid for.
RoLEIS WILLIAMS.
y. MoODy, &
by r. WILLIAMS.
ARTHUR T. DUPUY.
Sworn to and subscribed before me on
this, the 25th day of August. 1922
A. s. DREW, Notary Public.
The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1922-10-12
A. 8. DREw, Notary Public.

State Of Loaisiaa0, Perish Of Webster.
Before me, the undersigned authority,
personally came and appeared A. f.. Dupuy,
Rolin Williams and d. Moody. who, being
duly sNorn, depose and say sss 81
TIT they ne three ef the incorporates
New-York tribune., 1922-11-09
London Market Irreo,,J.r

LUNDON, Nov. 8--prices nooyea iuu
'ar5y on the Stock Exchange to-day
Bar gold was quoted at 92s Sd: monex,
were: Short and three-rSonth hills . -
D lions Jonsols for money were quoted at 5sgs
HTitisn IIl per cent loan at 9S& and Rrit;ah,
" per cent loan at 90 CIV oiislsh
Closing stock ouotatiop, r,.,
New-York tribune., 1922-11-09
rotations were
The Dollar i'm Foreign Exchange
Continued from page sixteen
THE AMERICAS
ARGENr1N4

ARGENTINA tpar 42.44 cents a paper n..o,
rshaaa nemand $3.50 aso6 $3.50
6EA1lL tpar a2.45 cents a paper mi,re,si z
Demand .....u.Go Il5o - *
r1Ss5 Enples .......11.65 1i55 1s.agi.
FEhU tpar 1886 a pound1 20 "a
Cnecks ...,..... 40 Am = q,
ECu.ApOR (par 4s.e0 cents a sutcre, 80
c1JITm Jheaks -. ,.t:... !. .si6o 21.s7 25.se
Ghecks ......l2.s5 1900 ,o.-
oESpGgA1 S1 (par 1os.42 cents pesoa
:, :, EHeGks y Ell 1900 1900 ss TX
VENEZUELA (par 1913 cents a hclt,... yu,.o
IheeKs ....,..-.1s.3s 1925 1esy
Canadian Exchange--New York fnrd. =,
montreal. b-S4 per cent discount hInn.soa hIrus y
.ands IN New York. sses psr cent prsmiun,
sNemiaal
New-York tribune., 1922-11-09
Mack Truck Earnings Show
Good Increase for 3d Ouar,e

The report of Mack Trucks, Inc.
FOR the quarter ended September 30''
1872, showed net earnings Of s1.2O5 .733'
after deducting charges for mainte,,
nance, depreciation, repairs, etc. com
pared with $12,633 earned during the
same period last year. The total net
earnings for the nine months ended
September 80, 1922, amounted to
91,rlb,o64a, which, after providing for
preferred dividends on the first and
second preferred stock, equals S6.79 a
snare earned on the common stock out
standing and further compares VIII
earnings for the same period Of 1921
of $540,66S. The report said that ~
volume of net sales showed a 20 ner
cent increase over the same period
last year.
New-York tribune., 1922-11-09
Growth of Revenue.

Estimated
Earnings for 1922 are estimated
these estimates being based on the
normal seasonal variations of both
gross and net taken in conjunction
with actual earnings to date of latest
monthly report.
The very substantial increase In
earning power during the decade is
worthy Of attention.
Dividend Record
The ST. Louis Southwestern Railway
was incorporated in 1891 as successor
under foreclosure, to the st. Louis,
Arkansas s. Texas Railway. Payments
on the preferred stock, which is en-
titled to s per cent non-cumulative
dividends, commenced in 1909, but in
no calendar year except 1910 did they
reach the full amount of 6 per cent.
From 1915 to date no payments have
been made nor has anything been paid
on the commo stock.
The action Of the stock, however,
seems to suggest the resumption of
preferred dividends in the not distant
future. For several years past, prac-
tically since 1916, the company has
shown good earnings on the preferred
stock and duping the last three years,
with 1922 partly estimated, the COM
pany hns earned IN each year more
than twice the preferred dividend re-
quirements.
Margin of Safety of Earnings
The margins of safety above interest
charges and preferred dividend require
ments shown in the table below are
based on the percentage that income
available for interest and dividends
would have to decline or advance in
order barely to cover these require
ments. Thus in 1912, if total income
had declined II per cent just enough
would have been earned to cover in
terest charges and pay 8 per cent on
the preferred stock. If, however, total
income had dropped "A per cent, fixed
charges alone would have been earned.
In 1916 total income would have had
to increase l. per cent in order to
cover fixed charges in full and 53 per
cent to show fixed charges covered and
S per cent earned on the preferred
stock. AS no dividends have been paid
on the common stock no place is given
this issue in the table.
New-York tribune., 1922-11-09
Markets in Other Cities

years ended June 80. tEstimated.
New-York tribune., 1922-11-09
Montreal
Toronto

Riordon Pulp & Paper old com.
do new com
New-York tribune., 1922-11-09
Railroads Earning Power
No. 22-St. Louis Southwestern

I'VE present IN the subjo;ned article
tie tioentg-secoad OF series Of fortg
daily discussions Of the present earning
pot0ef Of the leading American steam
railroads. At the request Of The Trt6-
une, these studies ,cers undertaken bu
the Standard Statistics Compnnp, Inc.
Of Ncio York, auhich has prepared the
papers ard is securing COPYRIGHT TO,
them IN 1899. The tipentp-tksrd article
,eau appear tomorrow and qoiH deal apith
So. Louis-Sdm Francisco. .-Financia
Editor
st. Louis Southwestern has never
caused any great excitement in rail-
road circles, but has gone steadily on
piowing it's yearly surplus back into
the property and building up it's physi-
ca! condition without resort to ex.
tensive financing
During the past decade, while funded
debt has increased $4,000,000, the book
value of the property, according to the
balance sheets, has increased s11,-
100000. This. Of course, has strength
ened the equity behind the companys
securities and placed the company's
various bond issues in relatively
sound position.
AS earnings during the past three
years have been at rate sufficient to
return more than twice the required
dividend on the preferred stock and as
the company is financially we'll forti-
fled, resumption Of dividends on the
preferred stock before long seems we'll
within the bounds of possibility. Data
dealing with the principal factors bear
ing on the company's progress will be
found below:
Growth Of Capitalization and Mileage
New-York tribune., 1922-11-09
Paris Market Er,ey,,I,r

PARIS, Nov. s.--Prices moved irregu-
lariy on the Bourse to-day. Three Der
cent rentes,- so francs centimes: ex-
cnange on London, 70 francs 95 CEN
lines; per cent loan, I'd francs so
sehtimes. The dollar was quoted at 16
francs 6 centimes. ~
New-York tribune., 1922-11-09

Between 1912 and 1922 the operated
mileage has increased from 1903 miles
to 1,776 miles, or 10 per cent.
1t will be noted that whereas the
funded debt has increased $4,000 900,
or per cent, the operated mileage has
Increased 1877 miles, or 10 per cent. If
the funded debt increase were applied
to the mileage increase it would amount
to only $4,000 mile. Meanwhile the
book value of the company's property,
as shown by the balance sheet, has in
creased by total Of >$11 100000 within
this period. All OF which goes to show
that the management has been steadily
strengthening the equity behind the
company's bonds and stock by plowing
surplus earnings back into the prop
erty.
Estimated Property Value
The estimated property value of the
company is ss0,o00,000, or II per cent
below total capitalization. Assuming
the bonds and preferred stock to be
theoretically retired at par, there would
remain an equity for the common stock
in estimated property value equivalen.
to SIS share.