davidaulloa/AmericanStories huggingface dataset:
Perth Amboy evening news., 1922-02-21

On Thursday this city, and the
industries in particular, will have
the honor of entertaining 300 or
400 members of the American In
stitute of Mining and Metallurgical
Engineers who are now
the annual sessions of the institute
in New York City. These engineers
come from all sections of the world,
some from South America. while
others are from the most distant
points in Europe. 1t is expected
that the special train over the Cen
trail Railroad of New Jersey will ar
rive here shortly before Don the
visitors at once going to the Y. NJ
G. A., where luncheon will be served.
The engineers who plan to take
this trip have q strenuous day ahead
of them. The special train will
leave Jersey City at 9:15 O'Clock, at
which time the members of the
party will be divided into groups;
those interested in oil, in steel, and
in copper. The special train will
take the oil group to the Bayway
plant of the Standard Oil Company;
the steel group to the plant of the
Crucible Steel Company of America
at Harrison, and the copper group
to the Chrome plant of the United
States Metals Refining Company at
Roosevelt. About two hours will be
allowed the party to see these plants
after which they will be collected
by the train and brought to this
city.
Following the luncheon. at which
the guests will be welcomed to the
city, the party will again be divided
into groups as follows: Cd those
who want to see the copper-fabri-
eating plant of the Standard Under
-
ed the members of the Afternoon
Euchre Club at her home last night.
After the cards refreshments were
served. Mrs. Leroy Glib. Mrs. Ed
mund Cuny, Mrs. Abram NJ. Sprague
and Mrs. George Hoehn were award
ed the prizes.
John Bolts, of 10 Morris street,
Rossville, received a suspended SEN
tence in the second district court
yesterday on a charge of operating
a hack without a license.
A meeting of the Police Reserves
will be held at the station house to-
night at 8 o'clock. Captain Vollmer,
who with L~ieutenants Harrison and
~;sprague were at headquarters in
conference last night, will have
opI1lCtllllIS ~ co. "'t' o.
that gathering.
Welcome Council, Daughters of
America, will hold a cob-web social
at Odd Fellows hall Thursday
night.
A euchre for the benefit of the
Grand Temple Pythian Sisters will
be held Friday night at the home
of Mrs. Rudolph Hoehn, Amboy
road. Many prizes will be awarded:
Rev. DIR. Jacob Ganss, pastor OF
st. Peters church, kreischerVille,
-oficiated at two c~hristenings on
Sunday. At the home of Mr.. and
Mrs. Peter Tar, Androvette street,
he christened their infant daughter,
Annie, and at the home of Mr.. and
Mrs. Charles Doerge. Sharrott road,
he christened the infant son of Mr..
and Mrs, Fred Doerge, of Totem
| vile, Charles Frederick.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

-
am a. y~as. ef axe. have made
MY home In La soaaer. Wash. for
30 years. all OF which time i've been
In the seed business. I wn~ ntcst
terribly crippled up With the meet
dreaded fern OF rheumntt~m. Ever,
doctor who examined nay cns~ would
shake his head sna say. -Mh,, Mr..
Bailey. you have % srr, had ease ef
ehr~ate arthritt~. There u nothing
that can he done Tor you." That
same reply from many different doe
tiers was net eneeurautag. Needless
Ia Any. ! had become resigned TO my
fate. hut I suffered severed, az all
times. and was 80 sftffencd In all OF
my totnts TINT I Kept ,tsittng first
orc doctor and thea another. unui
finally Z Visited doctor who sus--
S~-sed that I 40 and take DR.. ionk>
nes's uamaa bake osea treatment
end corrected diet. I onty had te be
helped 20 DR.. Iounhnes'~ effice for
the first few hnke<. I was totally
helpless On b~EinninEf could not even
dress or undrc~a ms-cif. nnd after a
few days Treatments. I Dispensed
with my erut~h~~---don't even use
sane--tsdsu't ne~a one rnn walk.
end I do walk for blocks every day.
In weight and eoiors appetite "
geedf sleep ~siii I enn dr~~- and
uudrc~s myself good M any n~I
Joiats have iimhered up wonderfully
jaint. have reduced greatly In ~i<e
n~ the inflammation nnd soreness
left them. On beginning nay biesd
pressure WIS @tos IL IL nov i}p. fent
A. wonderful change. I've not had
90 take one drop Of medteine---uct
single eafhnrttr"---incr began
baking and enting correctly. and my
stomach nad bowels arc working
perfectly wsnd~rfut--no f~rmenta-
ttons NO constipation Z want to let
sufferers knew that shrre h. hope
aud quick relief srem their suffer
Ing surely. When ! set the excel
lent r~.aifs aid from the treat
meat. ma ease should ever despair ut
getting rid Of their troabfc~r Dr.
iouxhney In deinE such good that
" " were generally known there
would he stampede In hts direction.
A. IL - DIR. Ioughney and his staff
OF courteous nurses are Kept right
en the 20 FROM early morning an
night every dny. ~ ,eu are siiinE
ing ~aroiied for this remarkable
treatment. Very truly yours.
.. H. HAfLEt. la cean~r. Wn-
NOTE - DE. Iea<hnsy- Bake Oven
Trcatmeat offier~ are loeated "a the
corner Of Fifth and tniea. In the Crazy
building. Hesns gfe-gff-5tg-Jfs-2ft
DIR. feaxhney l. assisted ny eemprfent
lady nurses. Hesrr. a. 20 p. ne.
Sundays . to ~ enis- rhsne Main sets.
MY New Book FREE to You"
ss1es. I've bern thruuxh tho mill. and
have tested plans. isons. csli@. psaes.es~.
phIiesephis-s and afarr mach ~iirnina tinn
I have some RATIONAL rules and ~uxxs~-
fiou. thai win conserve the hrslth ~
t,s.~e sho have "a. and bring hAek health
te tha~~ whs have ia-t n.
n have . euim pile mountain high 81
theorir~ whi<h were thrown aside. and 70
save yea time and Investigation. 4 wiIl
give yeu the net result ~ the panninx-
oat. In the form n golden truth. rhi-
WINS.
Il take 10 yes care To knew hew 10 xrt
yeur health rather than 10 know Why
yea lost 10. Phsae Main Gete. nc write
your address plainly. Your bosk viii -
mailed to ynu frs~. even "a postage ptid.
s.Ysur. for Health.
-DR. Lot Gu>EY."
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
GIRLSl LEMONS
BLEACH FRECKLES
AND WRITTEN SKIN

Squeeze the juice Of two lemon.
into bottle containing three ounces
Of Orchard White. which any drug
store wiIi supply for a few cents.
shake well. and you have quarter
pint Of tire best frecigle and tan
bleach. and complexion whitencr.
Massage this swcetly fragrant Tern
on lotion into tho face. neck. arms
and hands each day and see how
freckles and biemishes bleach out and
how clear. soft and rosy.white the
skin becomes Advertisement.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
Cholera Kills
1000 in Burma

CALCUTTA. June o.--Is Is eati.
mated that more than 1000 men.
women and children have already
been killed by the epidemic Of chol.
era which originated at Rnngoon.
Burma From Burma, the plague
has spread 10 slnm ana French indo'
China, destroying whole villages In
few days.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
RADIO sururIN BENEFIT

A very appropriate audience at.
tended the radio benefit recital At
the Y. w. C. A. club rooms Monday
evening MIR. George shaws' inter.
probation and reading Of the play
Romance" was very highly en-.
ioyed by everyone and was very
clever piece Of work
Mr. Collins. baritone OF tho Remlck
Music shop and Mrs Reed Cham.
hers. soprano. accompanied by Mrs
Albert T. Phillips. rendered several
beautiful song selections
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

WIN the good folks who have
been so kindly rcading 90 Henry
Vert please take note 81 his
change Of address 20 iis7 Minor
ave. lie u dcsirous Of your con.
tinued hind service and he and
his brother and sisters wish TO
thank all the good friends for
their kindness 10 both Harry and
mother during her last Illness.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

Goss Is Elected
to Head Grange

YAKIMA. June s,---Alberf S. Goas
Of Seattle is the new master Of the.
Washington State Grange. He was
elected on the third ballot. getting
$50 votes to 10 for r. O. Hylnnd.
Goss has been manager Of the Asso-
clated Warehouses OF the state
Grange for the past year.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
FOR ITCHING TORTURE
Use Antiseptic Liquid zemo

There " one remedy that seldom
fails 10 stop itching torture and re.
iieye skin irritation. and tina, makes
the skin soft. clear and healthy.
Any druggist can supply you with
zemo. which generally ovcrcomos
skin diseases. Eczema. Itch. Pimples.
Rashes. BlackhcadS. in most cases
give way 10 Zemo Frequently.
minor bicminhcs disappear overnight
Itching usually stopr Instantly
zemo II n safe. antiseptic liquid.
clean. easy 20 use and dependable
II costs only ssc; an extra large
bottle. si.oo. II IN positively safe
for tender sensitive skins. -Adver.
tincmcnt
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

Next meeting ~ the Sunshine
Guild has been postponed until
Thursday. June 20 Mrs. n. y.
Mouxin. s20s I.asona ave. win enter.
tain at this time and desircs 20 have
"a many shui-ins present az pos.
slble. Any shutin wishing 10 attend
this meeting please phone Capitol
1861. and an effort viii be made to
arrange transportation.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
DAUGHTERS or THE KING.
ST. MARKS CHURCH

This society OF young ladies de.
serve much credit for their splendid
work. in distributing cheer 90 the
shnt.ins in all parts 81 our city. How
many are made happy each week BY
their lovely floral gifts II Il untir.
ing efforts like theirs that help 90
mold our lives IN unselflsh service.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
Two Burglars Lead
Cops Merry Chase

CHICAGO. June a.--After n thrill.
Ing race over store roofs, a risky
drop into the Chicago river. and
temporary escape by boat. Reginald
SHELTON and George Mead were ar.
rested for burglary.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
Empty Auto Runs
Amuck on Hill

ORANGE. N. j.. June p.-The
brake on an automobile left standing
on a steep hili failed 20 hold. The
ear dashed down Hill. over the curb
smashed two iron fences and went
200 yards into field The owner
got IL back 10 the road and drove
away.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
ArrENp smRINE cEnEMoNrAI.

Several xhut.ins were In attend.
ance at the Nile Temple shrine ccre
monial Saturday evening when they
watched more than 200 novices cross
the hot sands. Capt. John Hex
Thompson. cur good sunshine friend
looked after their wants and Butter.
worth 4 sons ambulance carried the
ahuf-frs
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
LUNCHEON POSTPONED

Ladies Of the sunshine Guild post.
poncd their luncheon treat at the
County hospital one week. owing to
the severe Illness OF some Of The
patients. 70 Il - expected II all goes
well and the patients ara recovered
enough 20 carry out their program
next Thursday.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
SECOND BENEsIr FOR Ado
FUND

Monday. June is. In Monteilus
hall. Vera Dayton Cook viii present
her pupil. Miss Garnet Kagcr. In
the Melting Pot by Israel zang
viii. The Melting Pot sprang 81
rcctiy from the authors concrete cx.
perience as president ~ the cmigra.
ton regulation department ~ the
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
CHAS y. GIBSON
VISITS DIItQIT

Dear Doctor; We arrived in De,
troit right aido up with care, pulse
normal. conduct ioi degrees. Mother
Is improving rapidly. Seattle tonic.
whatg Weather NO far II Just fine
Give my best 20 shutin folks. Mrs.
Gibson joins me In beet wishes.
sincerely CHARLES n. GIBSON
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

Mr.. Fila Barto. Mrs. Fanny
Van Nsfinc. Mr.. >rliir Isrkey
and Mrs. a. H. Ross Of the sun
shine Guild gave Miss AdnnS
Keel n surprise visit Saturday
afternoon.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

COUNTY HONE ENTERTAINED
Dad Draper aud his fine hand
Of boy musicians FROM the Drap
er Child Home entertained
County Home folks with fine
concert Tuesday afternoon.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
HOSPITAL sHuTINs ENJOY
nt'IINl<

Miss Ellnor candif and Mrs Jean
EFT May. shut-ins from the County
hospital enjoyed a trip about the
city ard pleasant visit on Queen
Anne hill.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
Boy Dies Trying
to Rescue Dog

CAMDEN. n. y. June 9.--whiIe
trying TO rescue his dog. which had
fallen into an abandoned well. 10
year'old Henry Aiken also fell In and
was drowned
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

Jewish Territorial organization.
which was founded shortly after the
great massacrcs OF Jews In Russia
The Impulses awakened by the play
are those Of wide human sympathy,
charity and compassion.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

TIRE man Who gets ON top
doesn't always wait for the elc.
vator.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

rA>rAcEs ORCHESTRA At
KING gotf>TN HOME

On Wednesday. June "a. Otto
Crewhursi. manager Of the Pan
tages orchestra, will take his
musicians to the King County
Home for a midday concert. ~
turning in TIME Tor the matinee
performance. This certainly viii
be wonderful treat 10 the old
folks shut In out there and !
know viii bring y JOY beyond
understanding to those yolun.
teer cheer sprcasIers.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

There are 500 farms within the lin
It's OF New York city
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09
AL pAysuckER SHOWER

Another big day at the washing
ton childrcn'a home when Mrs. G. W.
Shatia aud Mr.. and Mrs. A. x. Ross
1ourneyed out 20 the home loaded
down with cookies. ail.day suckers,
bats. balls and other treats for the
Riddles. last Friday. The boys
agreed that Mr.. Ross IN good scout
but bum umpire, Mr. Ross says
the next umpiring job he does out
there VIII DO done Ia nrmor plate
aud that he Is going out again soon
with "A bah for every boy there.
BEST bunch OF boys ever saw" he
SAYS.
RISEN
Nrr. Mary Wort, IS. passed
from this life for that home made
by bands eternal In the heavens.
leaving beside host ~ friends
20 mourn the separation. four
daughters and two Sous. The
children are Mrs. H. q. Morgan.
Mrs. William Dunn. Mrs y. =.
fouler, Mrs. n. VI. SummersiiIe.
fiarne ,. Wort and u. A. Wort,
all Of Seattle.
In the words Of Robert Louis
Stevenson.
She 70 NOT dead. TITS friend. NOT dead.
Huf In the path tcr morfais tread.
Gone some fetc frtfiiHO steps ahead
And nearer 70 the cnd.
50 that voH. too. once past the bend.
shall meet again os face 10 face
this friend
You fancy dead.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1922-06-09

Relieved seattle
FIRST rose Of summer
Bcdafsfai. ilfasirc ,ciSfari0
Deep red pcoaics--
FiotceriHa Qnincc~-
Smiiiag panxv faces
noaseoad 81 the forest
baby bird uciRg on f,cig in sunshine.
SAIL. ON
Your mind Is the captain and com
pass and your body " the ship.
Issue the proper commands as a
faithful captain should sail on.
A. q. s., seattle.
The New York herald., 1922-11-26

sALEswoMEN.
dIMBEL BROTHERS,
89D sT. AND BROADWAY.
wish 10 engage immediately tns ssrvice,
s5 SALESwOMEN
Following Departments:
ART NEEDLE WORK,
BOOKS,
CORSETS,
CHINA,
DRESS TRIMMINGS,
GLOVES,
HANDK KERCHIEFS,
INFANTS WEAR,
kIMONOS,
LAMPS,
LADIES SHOES,
LEATHER GOODS,
LADIES' NECKWEAR,
Innings,
MUSLIN UNDERWEAR,
PLATED JEWELRY,
PERFUME
STATIONERY,
SPORTING GOODS,
SILVERWARE,
TEA GOWNS,
TOYS,
UPHOLSTERY,
VEILINGS.
Positions In the above departments
are permanent TO those who qualify.
Apply Employment Office, 9th Floor,
A. M. to $50 p. NJ
The New York herald., 1922-11-26

CHAUFFEUR. EXPERT MECHANIC,
careful driver for IL years: best of refer
ences; high grade cars. Paul, f66 w. 65th
Ut. Columbus 1902.
The New York herald., 1922-11-26

er, own repairs French-Swiss, 40, single
knows the city: country preferred care of
few cars. Lavanche. 1107 Lexington av, City.
The New York herald., 1922-11-26

CHAUFFEUR-MECHANI single, desires
private position; city, country: Cadillac
Packard, any car; good references. Ander-
son. 400 E. 57th.
The New York herald., 1922-11-26

PIeass ssssesop ne NeO Yov1
Herald soAen otsssoertaS any oss ef
the advertisements " thts SeotsoH.
The New York herald., 1922-11-26

CHAUFFEUR, coiored. wishes position; 70
any place: can be seen any time; expert
enced: also butler and useful around
house. Brown, III Il. S4th.
The New York herald., 1922-11-26

CfIAUFF'EUR-MECHAN colored. Just left
shop. wishes position private; reliable;
best references; years experience. Scott,
Harlem 6466.
The New York herald., 1922-11-26

DRAFTsMAN. machine designer, desires
additional work p. Roberts, 4s y. Mst.
DRUG SALESMAN
wanted BY experienced drug and sndry
salesman line Of high class drugs and
sundries for North Carolina territory. on
salary or commission basis. 22oe Herald.
$50 Broadway.
The New York herald., 1922-11-26

CHAUFFEUR MECHANIC, age 30: handy
all around for country estate; good refer
ences; is months last position. Frank Ro-
main, 51s w. 1880. Phone Audubon 300.
The New York herald., 1922-11-26
SITUATIONS WANTED-MaIe.

ELECTRICIAN, experienced. generators. mo
tors. switchboards storage batteries. Box
New-York tribune., 1922-08-22
What's Behind
ActiUe Stocks !?
77--Northern Pacific

The Northern Pacific Railway is
one of the large systems serving
the Northwest, operating 1858 miles
of road in eight states. Products of
agriculture, mines and forests con-
stitute the most important items of
freight tonnage, although traffic is
in all respects we'll diversified. Prior
to the extension of the ST. Paul svs-
TEN to the Coast the Northern Pa
cific was more of seif-sufficient
unit, paying per cent on its stock
for seventeen consecutive years, be-
ginning in 1905, and an extra divi-
dend of SLIPS in 1908. The regular
rate was reduced to 5 per cent in
March, 1922. The company has out
standing S248,000,000 capital stock,
all common, and funded debt of
$314,539,000. The profit and loss
surplus as of December 81, 1921,
amounted to $167,114.000. Road and
equipment and investments in affiii-
ated companies were carried on that
date at S723, 1921 600. The company
owns Jointly with the Great North
err Railway about 98 per cent Of
Chicago, Burlington & Quincy stock.
Dividend income of the Northern
Pacific in 1921 amounted to $21,-
$4,000, az compared with net rsii-
way operating income of $fo,84A, 900.
The normal yearly dividend income,
however, is something like $1,000
600. Earnings for the ten and a half
years ended December 81, 1921,
counting in governmental assist
ance during the control and guar
anty period, averaged sos per cent
annually on the stock. Range of
stock since 1905: High, 232M in
1906 lnw, 6lA in 1921; yesterdays
close, 86sss.
New-York tribune., 1922-08-22
The Bond Markets Rise

The vigor with which listed bonds
have advanced during the last few days
has completely upset the calculations
of many investment bankers who had
hoped to be able this month to replen-
ish their depleted stocks of securities
through purchases in the bond market,
The rising tendency was checked only
for slightly more than a week and is
now effective with substantially the
same force as attached to it early in
July, whereas market observers had
anticipated that prices would be lag
ging during the entire month of August.
There is only one explanation of the
upward swing, i. e., that it is impelled
by reasonably acute scarcity of in
vestment issues coupled with the pres
ence in the hands Of investors of inn
portant amounts of cash Settlement
of the bituminous coal strike and other
contributions of the news have OPP
Grated psychologically in favor Of the
advance-they do not stand as it's
basis.
New-York tribune., 1922-08-22
I'm Wal Street
The Markets Strength

Although the market as whole yes
terday marked another day Of rising
prices the outstanding features were
the continued strength in the rails and
the public utility group. New York
Central sold above par for the first
time since 1917, while Union Pacific
got up to f6l, the highest quota
tion since 1916. Other railroad
stocks that established new highs fer
several years were Baltimore Il Ohio,
Chesapeake & Ohio, Great Northern,
Norfolk & Western, Northern Pacific,
and Southern Pacific. In the public
utility group Consolidated Gas, Pacific
Gas and Electric, Montana Power and
Public Service of New Jersey either
passed or nearly approached their pre-
vious highs for the year. In connection
with Montana Power it was reported
that directors, scheduled to meet TO-
morrow, may order an increase in the
quarterly dividend rate of rs cents a
share to $1.25. Earnings available for
dividends in the second quarter were
s624,047, compared with $248,1ss in the
corresponding period of 1921,
New-York tribune., 1922-08-22
Relation to Governments Prorram

The coincidence of continued
strong bond market and free supply
of investment funds with a compare
tive dearth Of corporate borrowing Is
expected to have determining infiu-
ence upon the refunding program of
the United States government. To date
this has been carried on through the
substitution for the nearby maturing
debt of Treasury certificates and short
term notes, the manner of its hand
ling having won the admiration of
bankers. But the governments require
ments during the remainder of the 6s-
cal year are SO heavy as virtually to
necessitate broaden Ag of the pro-
gram. None of the eles since the
war has been popular, in the strictest
sense of that word The situation
seems to indicate q large popular loan
Defore the end of the year and for this
conditions are felt to be shaping fa-
vorably.
New-York tribune., 1922-08-22
Cuba Cane Approves Bonds

otockhoIders OF Che Cuba Cane
Sugar Corporation yesterday approved
the issuance of s10,000,0o0 Z per cent
bonds by the Eastern Cuba Sugar Cor
poration, subsidiary. The bonds will
be offered to Cuba Cane Sugar share
lied to provide for conversion of the
holders. and an increase from 1,416, ,667
shares to 100000 shares in the COM
pany's common stock has been author
lied to provide for conversion of the
bonds.
New-York tribune., 1922-08-22
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings
STOCKS

tCopyright. 1892. New York rribuna Inc !,
New-York tribune., 1922-08-22
The Dollar in Foreign Exchange

Rates on Europe held steady in mod
crate trading in foreign exchange yes
terday. Gable rates on London gained
one-fourth of a cent at S4.4SA, while
marks worked to slightly higher levels.
Changes at the close of the day were
generally small.
New-York tribune., 1922-08-22
Outlook for New Financing

A survey of the financial require
ments in various fields of enterprise, in
the opinion of bankers, points to con-
tinued paucity of new capital issues.
Most industrial corporations are in
healthy cash position; many of them
are 80 placed as to be able to meet ma
turtles or call for redemption---high
coupon bonds without resort to re-
financing; and plant capacity generally
has been fully developed, if not over
expanded. Public utility corporations
are believed to have done the bulk Of
the financing necessary to capitalize
past expenditures and TO provide for
nearby programs. 1t is from the rail-
roads that the chief call upon capital is
regarded as likely to emanate. In this
field the companies of better credit can
already finance by the sale of preferred
stock and the time for selling common
stock is believed not far distant. The
financial structure of many carriers
is already badly balanced by the weight
of bonded Indebtedness and a fair
amount of financing may be deferred
until common stock finds ready mar
ket. Bond issues are looked for from
the second-grade roads. Finally there
is foreign government borrowing TO
consider. Except for Cuban loan and
an occasional South American quotation
little is in prospect here.