davidaulloa/AmericanStories huggingface dataset:
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

$40 a week. Now that he is doing a
big bushes and escaping arrest, Col.
Pike probably would refuse to confirm
the statement he made when badly
peeved. s
As an assistant, bouncer and safety
proposition, Col. Pike has secured the
services of "Big Bill" Daily, once upon
a time bouncer in Clyde Mcdonald g
redlight dive at Ray, Minnesota. Bill
Daily is short, broad, thick and fully
hard-boiled. In his palmy days he often
picked up turbulent patron in red
light dive and threw the chap through
a door or a window with the greatest
Of ease. Some months ago, Daily and
Mcdonald were cleared by Victor
Power on a charge of blowing the post
office safe at Ray, MINI. When in his
cups, Mcdonald declared to a friend
that Daily was the man who did the
work. ...n..
John Winter again controls the New
Hibbing hotel at lis w. First st, TIE
name has been changed to the Coaum bia
hotel. A straw-man runs the place and,
presumably, holds the license. Winter,
himself, is trying to sell his rooming
house at 118 First Ave. w, but no
sucker has appeared with the required
81 800.
Many people have thought that John
Winter was serving IS days at the
county workfarm, but he appealed to
the district court. after putting up $500
as a bond. He then gave Hon. Ben M.
Goldberg an order on. the municipal
court for the $500. L.
This sly Austrian is credited with
selling booze at no First Aves w. He
also spends much time in running
through the alley between No. Ito and
the Columbia, with parcels under his
arm, which he intimates are laundry
bundles. 1t is believed that many of
them are what is called "wets wash -
laundry.
There's blood on the moon down at
"Mike's Place." 523k w. Michigan
st. Not only was the place success
fully raided again, but it is up for sale.
In the last raid, bartender Henry Udich,
alias "Dutch," was caught and given
IS days at the workfarm. Mike Van
denbusche, himself, pleaded guilty to
having possession of liquor and gladly
paid fine of 500.
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15
HE WANTED A BARGAIN.

Eyes" said the old man to his VS.
itor, ri am proud of my girls and would
like to see them comfortably married,
and as I have made little money they
will not 60 penniless to their husbands
There is Mary, twenty-five years old,
and really good girl. I shall give her
one thousand dollars when she narrieS
Then comes Bet, who won Z see thirty
five again. I shall give her three
thousand dollars, and the man who takes
Eliza, who is forty, will have five
thousand dollars with her." The Young
man reflected moment and then asked,
sfYou haven't one about fifty, have
yous Glasgow Herald.
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

love with the "Frolic" chorus cirf-
Telling of his romance, he said at the
Biltmore:
Young Sayage's Own Story.
"While was down on visit from
Yale happened to see her two NIGHTS,
running in the "Froliep when she was
in the "pogo stick race" She was
wearing "Y" sweater. and that Is ono
thing that got me. Wen, the first
night she won the race. Then the,
next night she fell down, and r felt so.
sorry for her I simply couldh, 7. help
falling in-love with her.,
Following the wedding he thought he
might have something to dictate as to
her theatrical career. He said:
don t know whether / will want
her to stay on, the stage or not, but I've
told her II do nothing to interfere IL
she wants to. s I'm waiting now to-
find out what my four brothers think
about it. As I'm the youngest, and
they we taken the place Of father to-
ward me-. I feel I must have some,
Difference for them. We've always
stuck together and believe we TT stick
now. I haven't. seen any of them
since my marriage, but they all learned
of it today.
Gets His Ring back.
! "WhatrI think would be a good ar
rangement would be for my wife to-
stay on the stage for two years while
go back to Milford for two years and
finish my course there. That is probably
the way Wen arrange it, though 7
don't know yet. But anyhow I'm
glad I'M married, and I'll tell all tho
boys at school it Is the best and only
thing"
The following Saturday night, after
the performance atop the New Amster-
dam roof. Robert and Geneva TAXED to
her apartment. Reaching the door,
Miss Geneva turned to her husband,
handed him her wedding ring and said
"Here's YOUR ring. don It want it,
Hereafter III buy my own rings"
Young Savage was dumbfounded and
sought an explanation from Geneva
However. she entered the apartment,
closed the door and left Robert on the"
outside. He returned to his boteI and
the following day left for the West
" In sneaking of her action later, Miss
Mitchell said when she eloped with
young Savage she did not realize the
seriousness of the step she was taking
She said she was undecided as to
whether she really loved Savage
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15
.,-.,.., .-s-.--.-s .&s,235,s37.75
Early Debts Now Falling Due,

..'.T-T-I -|.-l- % ~Sy1o0,oof. D
Early Debts Now Falling Due.
During the past twenty-five years the
general city debt has remained at about
the same figure. This fact has had no
little effect in creating the general i'm
preston that Duluth's debt is small.
Present.day taxpayers have, however, a
large portion of this former debt to
pay off, and should consider this fact
in assuming new obligations.
Duluth Above the Average. ..
Compared with other cities of ap.
the same size Duluth IS debt
for general city purposes is high. Fol-
lowing is a comparative statement Of
the bonded debt of several cities as Of
December 81, 1921:
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15
WHEN THE GOLFER WAS AWAY.

"Was Mr.. Grabcoin in his offlce
when you calledf'' s-@-'.
"No, he must have been playing
golf" .f@ ,,'-.. ~,- a#H
care you sure about thatp'
Reasonably sure. The office force
seemed to think he wouldn't be back
soon. Most of the clerks had their feet
up on their desks and three stengraphcrs
were glued to telephones. o-Birming-
ham Age-Herald. s.s 3.
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

Average per capita general net
debt, Duluth excluded.
Average Percent of levy used for
debt, Duluth exeluded...-.........l5.53fo
NOTE-The foregoing figures were
obtained through QUESTIONABLE sent
to twenty cities. The figures given in
clude all the replies. Ill
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

stWhat's this contraptiona"
IA labor saving Device said the
young wife. stI bought it this morn
ing
aWhat kind of labors"
tsDear me! The agent talked so fast
I forgot to ask. Birmingham Age
Herald.
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

since december 81, ISGl, the CITY mas
sold $4,000 worth Of incinerator
bonds.
There Are More to Come. I
Besides this, the city has $l,625.000
in general bonds that have been author
lied, but which have not yet been sold.
Of these $3.50, 100000 is for a new con-
tagious hospital, $75.0Oo.00 for parks,
$50, 100000 for new public market,
81 coo, 100000 for a new city hal, and
the annual permanent Improvement
issue Of $150, 100000.
To offset this debt, the city had on
January first SIT ,892.66 set aside as 4
sinking fund, the school board had
$170, 343.20, and the water and light de-
partment had nothing at all.
To carry this debt the citizens of Du-
luth paid out $413,720.4S in interest in
their 1921 taxes. water bills and assess,
ments.
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15
THE TAXPAYERS BUSINESS

The Taxpayers League Of Duluth has
issued "Bond Story Number One," for
the information of any and all inter
ested in the very important matter of
taxation and taxes. This leaflet is is
sued to promote better understanding
of governmental affairs on the part of
the citizens. 1t read as follows, viz:
Bond Story Number One.
A few people in Duluth sell municipal
bonds.
Hundreds of people in Duluth buy
municipal bonds. ..
Thousands Of people in Duluth pay
debt charges on municipal bonds.
The number of people in Duluth,
therefore, who are not interested in the
topic of municipal bonds is negligible.
Bond Obligation Per Capita.
December 81, 1921, Duluth had bonds
to the amount of $s,959,O outstand-
ing. -.- ..
General city bonds, aggregating 3d.
sos, 600, were divided as follows, viz:
General .............-..........."..". 539,0OC
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

The statutes Of the state provide that
no city Of the first class shall incur an
Indebtedness Of more than S. per, cent
of its assessed valuation. Such indebted
ness does not, however, include the debt
Of the water and light, department, the
special assessment bonds, and, as a mat
ter Of fact, does not include very
large portion Of the general indebted.
ness. Several issues Of bonds have been
directly authorized by the state legis.
lature, and have been exempted from
the limitation.
These bonds have been issued AM
should be considered as part of the
general city debt. Care should be taken
to prevent a false sense of security
based upon the wide borrowing margin
permitted under the law.
OF the general city debt, which is the
only one effected by this law, ONLY
81, 292, 100000 is included in the five PEI
cent limitation, the balance having
been specially exempted by the legisla-
ture.
Assessed Valuation............$73, $50, 755.0c
Five %. Limitation............ 1871 ,S37.75
Debt Outstanding............... 1922 10000
Borrowing Margin ...
Dee. 81, 1921..................$2,3 1856 ,837.E
Less bonds authorized
but not yet sold (Mar-
ket bonds) ....................". 150,0Oo.6v
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

When a woman tells her husband that.
she win be ready in minute, she picks
ont q minute about half an hour away
The Duluth rip-saw. [volume] (Duluth, Minn.) 1917-19??, 1922-04-15

love with the 'Frolic' chorus girl
Telling of his romance, he said at the
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
LANCASTER Chief
PlANSK.K. ARRESTS
Says Score viii Be Taken in
Custody for Oeich'er
Attack
THREE SHOTS WERE FIRED

Lancaster, Oct. GN..--Ch!cf .! Poke"
Eckninn 'nst night Geria rsi that at lrast
Il score ~ arrests would be made within
The next twenty four hours in ronnr-
ton with the attack upon Milton
D"irhis-. twenty eight years old. local
Insurance mar, early yeat"-duy. by a
Iani Of mrn wearing h,o,,S ard r""NG.
p",rh'rr l'aa H mapped shortly ate"
- o'n'Cci yesterday No-rire NJ Co;"s-
tosu AMI piecu e.rcrts w;h!le on Ms va.
hoiAv iro.t dance. He w,s WntslirI
away n all automobile ant taken &
Inc eiee Of the town along New l'sr-
vile PIKE, where ie was thrown - the
pavement and ordered to return 70 l.dr.
easier aMd glrpoet H!a family ?TIr"r."
Uai-7 the Tires. .'nt Il he taii"i (" .,
~ ne Nn",I y tncre! ""' I"'nr:".
the next tiIN-.
l.. .nc 'crtr S.''-ern l's.'ji,- ar.r
'hr IRE, I<a'...'.,r, e ~ ''.@""r',". Ft'n
I'"i"l'sr ';c"u t.-.. sh"t>. i" had
,urr!th aInvu,@r- 4 Nc" receiving thrpN,H
r'ri.;cn oN X X *. ',GtiJ7e-y. The
siuts attracted , ,,.tC"r.nn, WEu l:ut'-
li"u heuiquart,rs 4. in'ro. Wa de.
tai,rL - srnrrr 4, u"igHo'rh"rd. Nh,.
Neirhirr Vas 'on~i '"vcirh with hi"2I
aiH rsN.l:7g uiorg tGc I.ad 'N"ar'
I.GnIHster. Iic p'HS .H,.-'. ~ hsnt'Tusr-
.--s. w>rre Il. ;oiG 'av st,7l 81 M.s
'"',;so!r2. md shia : '>ua cate" hi"
l. y" rr;0m"hNe.
I'a.c&.n: sa.d .c;st &: - 4...ol 81
r:~. vas il0n ~, r'"uud 90. ur,' 'tc
Ni,-ATer - shot n ;n. S,'lrI,c t."
ro,.ro ,urt T.gh. r4nv,~~a,, eTeri -.
".:;. and HHys!cis1's = Office = iJ.@1as'~r
AaG "earby counties. b.: coU.G d"d LO
trace ti any ore seeking r.ed!c0 tT-a:-
r,c1. TO- & hui,e. wound.
p.i,h-r ~ps unat!a e. r:.:isl i
- .-in"ior " hi4 hssai,G'ts. ~ csc.
vorr to- M klur r",t;l ana naS,..
th.rt 4 pui.,a Eek al last :r!gHt de-
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
HARDING AND HUGHES URGE
FULL STRENGTH FOR NAVY
President and Secretary OF state
Warn Against Deterioration

washington, Oct. -. --- President
Harding and Secretary Hughes yes
terday sounded vigorous warnings
against the growing tendency t"
permit the American Navy to detciio-
rate or fail below the ratio fixed by the
'0ntercnc" on Limitation Of Armament.
The convictions of the President and
his Secretary of State we're expressed
IN commencing the proposed nation
wide observance Of Friday. October ~.
~ Navy nay. Coming at n time when
navy experts and officials Of the Budget
Burtau are dcadlocscd over npproprin.
tions for the navy for the next fiscal
year. tile assertions are regarded here
~ definite indication that the Admin
istration will insist upon maintenance
of a treaty size navy.
1T is we'll for us To have in mind"
said the president in a letter tu Sec.
rctary bcnby, Chat under program
Of lessening naval armamrnts there is
The greatest reason Tor maintaining the
highest efficiency. fitness and morale in
this branch Of the national defensive
sCrvicc."
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
Win Wear Gala CniioTm

Iln DonN.es. e." SvroIG 30 .. w"lD
a. al ax-'un!ha'.irc "i r." l.. ,''riN.
Gliifd, \us.ur-r. WI" il :,," in iU;H-
.l#I... ga" ,uTr '""rc>i nuuellt '."' in
.rIp~'.rs .idtt:ulM, G,tNl( il.at tiIr rN
N1 soy rrpJahly v'ulld wear IT t"' ar:'
,a,"y MS gorgeous pnrNG" ,rlt"r." 81
~. ro-m". guards. witch A.. ,.'.4 no.
.,~. ,:,". ..e beginning ~ M var.
,.yME d"f"j t curing h"S"i,t'Fs ~"
'n""y = tie reg l'Gtirh u gray and
"YN,r'. ;..'r" "a r">"Ir"'i"'. during A."
c.:,}r n ric Netherlands.
W.. DrruGc- hnA w.. Nrr2 cav"
- lio,,'. Hhmt y" lH>t n ,I.e mont"
-, p.r;.>, ,A" tinHl preparations. TIN"
Nu!."lg. 'l-"a VrIurr- already nave rT-
ri,Md - '.." 20 +!s:r n}!r" f"r n","
sorts t,r the sam. i. rr,y. !y..c for
.rr K&ts"r's DIl! dNHGhtey '.''l I.hkr
~ ~,cy,.-l. u"ur apl",rumr, late on
,i,. evening "t ~" ~. n'l. ":i. rc:lr"
..tcr -" l"irfes' .tCr.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
"M0THING TO SAY"
Editor Warns Gas Companies
Against WlthhoIoinu Data

Atlantic city. Ocr. 26. -llumau,sa-
tion OF that contact which is essential
between business and an enlightened,
public is one Of the big job, ahead Of
pnblic utilities IL they are tD establish
those public relations that mean, con.
'inuHl SUCCESS. J. s. :. Richardson.
city editor Of the PrhLrC LEDGER, told
members Of the American Gas Associa. 4.
ton IN annual convention here ycstcr-
day.
'Ir company with other reporters. {"
Ac said. ~ have called NJ the executive
ohccs 81 gas companies for information
which, from the viewpoint of the public
and from the viewpoint Of thc public
utility concerned. was of great impor.
tance. All too frequently We received
the old reply. Nothing to say when
that reply meant pronounced and
serious setback 60 public relationship
with the company. Gentlemen. II you
yalue the friendship of the public. whirlI
en- certain you do, guard against that
statement. Nothing 70 say
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
SPURhs HIS FRENCH AEDAl
C-e-k.Am.rtcun Hero Tells miller.
and Wrat RE Thinks o. TurkIsh Aid

Pittsbursh. oct. &N.-~, Hr'~' 4. Me-.
rr..., y. rttfburs!, "'y ,p'Y.l n
Franc q3,l ne Tweu'; .o.g.rh Di,7.
,f,n -. &a5 woundel s.@ ,,...p-, ,qs
r.. ,.-r.-, Iresilrn' 81 '"..,, n
T,al,... -. rro.x de GVerrn ,,uG ~
I,on r. T. lad OHCn coni'rrsI .; .. LIN,
Nv to- vrr"ch Go"ernmen'.
~ good bIt Of ne IL .".t ~ France.
tat ~. Wounds ! received lroI. me
",-n.y ere nothing, IN ,r"rrNr'sun 10
the yuunds received whcr 'rar,ai
ths, Francr was helping ,l4 TTrE "
said MsiatiI letter which ar,omran,.,
he Iecnrnt,ons. II rn doing ,h;s tn
express to you and yc,.? Gn|ernment
ny personal disnpprUyal Of the polIry
., Trarce in the Near East"
Me!ei.s is vice president Of the Greek :
American World War Veterans, rS.
Gently Organized here
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
!. R. GARFIELD COMING HERE
viii Speak at Forum on Roosevelt
Tomorrow klaht

James Il. Garfield. son OF the mar.
tyred President. will speak tomorrow
right IN the AcnLernv "f Nrri" under
the auspices OF the Philadelphia Forum
"n "Rooscyelt--.the President and the
Man."
His address will indugurate n 60.
rief of "B.r,hdpv Ohs"rv"rc"s" bv ,he
forum III coiHnemorati"n Of areat
Americans. Mr.. Garfield was an IN
Innate friend oc Colonel Ror>rvclt and
was Secretary Of tho Interior in his
cabinet, Frnnk'in Spencer E.nnnLY
VII be chairman Of the meeting. whic,
viii start pr"uptIy at : 80 O'Clock.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
F0RB|DS
WEDDING PRESENTS
WiiheIm's Marriage Win Lack
Usual Pomp and Spiendor.
Says Aide
GUESTS MOSTLY RELATIVES
5", al Cdi!e DiibGtch. C"rlr'iJlt. ~
keprlnted from runlic Isdser

SDst az tuOI" u IpGfrfs. t''5ry7'iJI'. lv'H
k~prlnted frsn, rublic Ledger
Berlin, Oct. 26.--Thc great display
oi wedding presents which usually fea.
tnre royal wedding lists. descriptions
of which. az In the recent case "f
Princess MARY, ill I've columns o.
r""sp~ Ders. VII, b. missing at Doorn
anrng the coming nUrtials ot tie ex-
Kaiser. according I" Councillor Won
Bere, ch!cE of the Nx.kaiae,'s c.vi.
cabinet, who returned from lmorn
Tuesday night to rorrint" preparations
Tor the marriage nn November ).
"There viii be no w",li!rg p.csen's.
Won Berg replied biuntly 20 ronr cor
ccSrouient'S inquiry. "'fHH Kaiser
ruuAidnrS Wedding prey"'.'' IN these
lays of need vase OF .rpHcF that
might better be devoted :" 'hnritanI"
pIrpo~os.
I was learned fTo;n the Kaiser yN-
adjHt0nt. General Won Dommes. that
despite Wilhc!m's express wish that
marked by wedding presents certain
former court and military utiH'rls nrd
other associates of the forrcr N"!Nrr
we're Ir"rsring q surrrlEr i"r tho royal
couple. hUt il would he nN'a!nq I" vie
III p:HtvutiunsnesS with Ia" U-Ua' = Tn!
weidins gifts. such. :or rANiniG". ~
the 'ilvrr asrv!re presented tHe forrcT
Grown r:'iuce on the OCCASION Of his
wedding. This vas so elaborate hat,
though I've Wedding took p,rce IN 1909.
tAe service vas not finished UntN the
end Ct tie var. hence i was never
presented 10 the Grown Prince and
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26
Thirty to Attend Wedding

Won Brrr. wh" vas busy tiIrough3us
T." day cnnierrimy with former high
ro"rt !"nrt!nnaries and representatives
p. thv "nr.ouR Holenaullerh Princes.
t".u :""r correRponient 'hst S." GuoHts
II: the l,ciding WOULD r3wh"r about
.tirt", tnr!uding the * Nai,er'F six
children md Prince Henry. .!:r former
Enp"rur's sister. Princess Victoria.
and ~" Princes hnI twU Princ"ssrs =
cacG from the houScr II k.uSS and
Carolath AID Prince rou r"er>t"nD"rg.
no for many years Mas -" Corner
\H'-cr'r most intim"tr tricrU.
EoS H-rg continued: 'Ip' SatNr-
lay. IL" 9Th. thee will BE- 4 "'%tr u!n-
r-r ~ AMrronGrn. where he rN-
knis,r'~ .rnrea = staying MntN t'o
wod,'!I.g The civil srr"irr WIN BE- per
f1rIa"G & the Du'rh rrg!stry ntfr" Sun
Gay :Io.Iirg or witch ur.T ~.,i N"i.
lnmr."s az, I have 'hc huI"r 81 ~rrH-
irg "a Bog men uni WITNESSES 10 tEc
,rrr!uuuy. The bride tl,rF.it"- wIN
J ID rr"'r and r-rc.v" "u:.sTntr'a-
'.oI.., In" religious crr"nu.' ."'."w"
4. - 80 4 the hUuSe chap", ;lt !)"urr
ta>.'n :" hrrn the former "oUrt cd"p-
!uir.. l'r. N"gel. x p"tet0us. va" goes
~ l'Ooru It thc kaitrr'S special 1,."n.
VIII III 'iHtC n N" lIr"~rn"r 81 zee m
"..cG Elr''e l'rnbabiy SOM Du''''.
l"uirs l'd S.ut.om"n 'r.,l b. lT@Euy
:, witness III" ceremony. Th'" th"rr
VIA nr - wedding breakfast ~ 'ai'i..".
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26

r.r'"d M; '" RAD the .N" ~ ,.',rv
:A"nh'r - t"n iorn! r"a H rrd that
"rrrSls VII. Er,,u"" ~ So" ~, =. cn@l.
r."'ra ii .pv"s'gd.;on. i ,a"rlb'r ~:
ia, io2a. "r%,'A Declared - ...",. ktur...
&2i. 900; part IN the r.t.u'. - Dri@r-
icr. IL sid nits!Gc Kluns..,n "err
called nelc t"csdGr night "'.n cary OF
certain "rd ~.
DerA,o. Is nor-icd lni Is tho int."r
OF -" cA,dr'", but he aai Ms VII"
have 'r"N N'varstei for ,erera! ycara.
D'ichirr as..r"ts ne has rrov,leI Tor Ln'
tN'AUy cnt thcrs wns no crrae.or III
th7 ''tC.E UlD,a M?.l.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26

Grouna Broken fer |. 0. O. r. home
Sunburr, J.,

.cerrnI,ny grolri tnr the "rcctio"
& IL, $50,uUl O'd Fellows sl""e
at Northumb"rlaNd wns broker! yes'er'
day. Il ID the intention of IN" 'rl"r
g. yet aa iAuch Of the work done az
possib!r thir year. Il prumisss 70 %
one ot the hnudsome,t buildings IN ths
NlrWM9A.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-26

That p1lt!psl tias-urs must 10 rsforms
y EHEslS. is e. .ortaia sss.t e. s"s sht s'S.n! SSi:
come ',il. Le no ono cap ofedIct ~.
MyittYIe. Of runlHra are being si''s'a E..
rssders OF the PtsLIc LTD1xA, MAKO ~
Habit h---t D..
New-York tribune., 1922-03-07
Stocks Turn
Upward on
Gas Decision
Sharp Advance Comes After
Early Declines: Consoli-
dated Gas Shares jump
9'2 Points: Industrials Tn

! There were really two stock markets
yesterday, Up until noon, after which
the Supreme Court decision, favorable
to the Consolidated Gas Company. was
MADE public, prices turned almost uni.
! formly lower. Led by motor shares and
/ equipments, quotations reacted sharn]v
as traders sought to profit by correct
ing "hat they deemed previous exccsscs
resulting from over-cnthusiasm.
The second market began PROMPTLY
after midday. Not only we're the morn
ing losses completely etfaced by what
subsequently occurred, but in the case
/ Of industrial shares substantial nct
gains were registered. The announce
ment of the gas decision was not I'M
looked for at this time. In fact. traders
expected it week ago That the
speculative community had not unani-
mousiy guessed right rs to the nature
OF the decision was indicated nv tho
marked rise of gas shares. particularlv
those of tho Consolidated Gas Com
pany, the Brooklyn Union and the Poo
pies Gas of Chicago.
When the court ruling holding the
so cent gas limitation as confscatorv
was made public. Consolidated Gas
shares were quoted at about 81. Soon
par was bid and persistent buvine
throughout the afternoon carried the
price to 1863. The final price was LOG
revealing net advance of IN noints
over Saturdays closing quotation
Brooklyn Union Gas, which closed AZ
50, climbed up II points. The decision
IN addition to the indirect and ohv;ous
benefits to the company, releases s12.-
soo'ooo that, according to recent esti
mates, the Consolidated Gas Company
had impounded as funds representing
the amounts charged consumers in ex
cess Of the so cent rate.
The recovery in the stock market
helped commodity prices which had
been weak in the morning and which
rose in the afternoon. Wheat prices
at the close were IL to ia cents
bushel net higher and cotton was up
is to % points.
New-York tribune., 1922-03-07
London Gets Issue

Indication of the extent to which
London is likely to compete with New
York for foreign Issues was seen yes
terday in the receipt Of advices that
British bankers bidding against an
American syndicate had obtained q
small loan that was desired for this
market. The difference between the
British and American bids was report
ed to figure out as one-half Of ] per
cent on yield basis The business in
question is understood to have been a
$2,OoO0O0 bond issue of Danish tele-
phone company, guaranteed by the Dan
lsh government.
New-York tribune., 1922-03-07
Money and Credit

Call money, opening and renewing
at 41a per cent, held at that rate yes
terday until shortly before the close.
when it was advanced to 5 per cent.
These rates obtained both on the
stock Exchange and in the outside
market. more liberal amount Of
new money was placed at per cent
Tor ninety days on all industrial col
lateral than for some time past Time
1unds were unchanged a to rate.
Yester- Year
day. ago.
On industrial collateral :. AZ
On mixed collateral ..... Az s
lime money (miXed collat-