davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
In Art Department

-Children's Rompers; stamped
on unbleached muslin; all
made, requiring only em-
broidery TO finish; . and ,
year sizc; 75c value for i9c.
Entire line of Pacific Pack
age Goods, consisting of in
fants' and children's Dresses
and Rompers, ladies' Gowns,
Pajamas, Combinations and
Aprons. at Y Price.
-Children's Aprons and Sun
Hats stamped on unbleached
muslin A dainty pattern;
special for Csc.
-25 per cent off all Stamped
Goods.
Sweet Grass Baskets at u
price.
Balcony
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
CHILDREN'S SHOES
All Draperies
Reduced

Imported Scotch Madras, 45
and 81 inches wide with back
grounds of rose, blue or tan.
Fancy floral and bird pat
terms. Specially priced at,
per yard, $1.00.
Tuscan Nets, so inches wide,
in a wide assortment of novel
patterns. Plain or fancy de-
signs. For clearance, 79c.
Imported Swiss paricl Nets in
ivory or white; 21a yards
long, 9 and 10-inch panels.
Very fine quality formerly
sold from $3.50 TO 1915.
Now, per panel, Sl.00.
One lot fancy Cretonne Edges
in a full range of colorings,
Very special, per yard, lOc.
During this sale we are offer
ing 20 % discount on all other
Draperics and Ncts--Iharqui-
settles, grenadines, voiles, case
ment cloth, swisses, pongee,
burlap, terry cloth, madras,
kapock silks and damask. All
Kirsch rods reduced 1910.
(ScCond Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Sweaters riced FOR
' Quick Disposal

Boys Jersey pull-over Sweat
ers in colors of orange, red,
grey, and black and orange;
$3.50 value; for clearance,
,SI.00.
One lot ladies' tie back Sweat
crs in "a complete range of
coloIings. Sizes Sc TO A; ALI
wool, high quality; $40 value.
Priced for quick clearance at
S1.95.
One lot ladies' finest quality
Coat Sweaters and pull-ovcrs
in plain or brushed wool.
Shown in colors of buff.
brown, red and navy; all sizes.
Very special at $l.05.
The remainder of our stock
of Shaker knit sIip-on Sweat
crs for ladies at " price.
Available in white, cardinal
and combinations of cardinal
and white,
All scarfs. caps. gloves and
boys, ladies' and childrcn's
Sweaters in this department
reduced 20f6.
(Sccond Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
SHOES FOR GROWING GIRLS
Clearance Values
in Hosiery

-Eiffcl and Allen *" Black
Cat silk and wool full FASH
ioncd Hose in medium or
heavy weight; some with
clocking. Shown in grey,
beaver, camel, brown and
black. Regular $3.50 value,
special $500.
Imported ali-wooi Rcichelicu
ribbed hose in grey, camel,
heather brown or black with
clocking OF contrasting colors.
Regular $3.50 and $500.
Clearance sale price, $500.
-Eiffel and Allen a" woolen
Hose; some with drop stitch;
others with silk stripe; in
broken sizes. Available in
camel, grey and brown, also
black. Regular $3.50, now
$500.
Boys Educator Stockings
with reinforced leg. Made To
stand the hardest kind sof
wear. Black only. Regular
50c;Nspecial, soc.
(Mnin Fioor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Gloves for Clearance

All Auto Gloves of Hansen
and SentimeTi manufacture;
shown in black, grey and
chamois; values TO $3.50; to
close out, S1.9S.
White chamoisette Gloves;
all sizes; values to $3.50; to
close out, 29c.
One lot of kid Gloves; tan,
mode, white or black; values
20 $3.50; special, $1.79.
Real kid Gauntlet in mode
only; embroidered backs;
strapped wrist; $3.50 value;
clearance price, S2.49.
All other Gloves reduced 10G.
(Mnin Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
The Baby Shop

Every Baby Coat in stock including
those OF crepe de chine, chinchilia,
wool, Bedford cords. cashmere,
wool crepe and silk faille. Sized,
infants, TO 2 years
Half Price
All Baby Caps and Hats. including
wool knit, crepe de chine, silk faille,
georgette crepe. and taffeta; sizes,
infants, to 4 years,
Half Price
One lot Vests, consisting of Vanta
all wool, Minneapolis mixed wool.
cotton and Isle, broken sizes; some
slightly soiled,
Half Price
All else in this section reduced 200
(Secono Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Notions Reductions

-Fashlonette Hair Nets, single or
double mesh. Special. per dozen.
S1.O0.
-Sta-Rite bone Hair Pins, practice
ticable and dependable. All sizes
and shades, per box, 2tc.
Leather Belts OF KID or patent
leather, fatcv buckles; u 20 .
inches wide. Reduced js.
Steel laid. German-made Scissors
in sizes az to 5 inches. Splendid
for sewing basket. SPECIAL per pair,
43c.
Turkish Wash Cloths delightfully."-
bordcred in pink, Lavender or yell
low. Special. per dozen, S1.59.
Everything in the Notions Depart
ment radically reduced except silk
and cotton thread.
(MaIn Floor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Ladies Ready-to-Wea
Cloaks, Suits and Frocks
Half Price

Our complete stock of winter
cloaks, frocks and suits especi-
ally reduced for this clearance
at one-half price. All are fash
ioned in the seasons preferred
modes, Veldynes, Marvcllas, Bo-
livias, Tricotincs, Twill Cords
and Peach Blooms; great
many of them luxuriously trim
med with fur. These reductions
are unusually severe--immedi-
ate selections are advisable.
CThird TJoOr)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Silks Reduced

+-40-inch Crepe de Chine in a
variety of gorgeous colorings
or the more Suhdued tones.
Excellent quality for under
wear and Innings. Regular
$1.59, special for clearance,
$1.19.
-33-inch Silk Shirting in the
popular colored stripes.
Shown in La Jerz, Crepe de
Chine or Broadcloth. Suita-
bic for mems shirts or ladies'
tub dresses. Formerly $1,98,
now Sligo.
A-40-inch Canton Crepe in all
the preferred shades of grey.
navy, brown. muffin, toast
sand or pink; also in black or
white. A splendid heavy
grade suitable for dresses and
blouses. A 1898 value for
$2.79.
@40-inch fancy Georgettes and
Blister Crepes in an almost
complete range of the pre-
ferrcd colorings. Regular
$3.50; very special at 1895.
--4O-inch Crepe de Chine of
extra heavy quality. Just the
thing for dresses, neGligees or
blouses, the lighter shades for
underwear. A complete Sc
lection of colorings; regular
$3.50; now, $3.50.
-36-inch Taffetas, the fabric
worn in all mid-winter dress
es; serviceable and practical
at this season of the year. All
S2.45 grades now $2.l9; all
$1.9S grades now $l.69.
--18-inch brocaded Metal Cloth
in all good color combinations
for hats and trimmings. A
regular $3.50 value at $3.50.
Our complete stock of Silks
has been reduced - nothing
reserved.
tMain Floor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
STAR
- AN -
Tuesday, January End
Promptly at s. 80 A. M.
All
SKIRTS
Reduced IL

Commencing Tuesday and continuing for five days. will
duct clearance throughout the entire store The prices
which have been placed upon these reduced collections
instances low set record in value giving These
few items from the various departments will give you idea
of the wonderful savings that await here Be in attendance
early!
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Trimmings and Laces
Deeply Reduced

An odd lot of Viennese. filet, mesh
and shadow lace and insertions, ! 10
4 inches wide. Values to soc. Spe-
Cial for clearance. per yard, lie.
Zone lot Of Shadow and Cluny Lace
sized to 21a inches wide. While
It lasts, at, per yard, Sc.
Fancy camisole tops in pink pom
gee and white satinette; embroid-
cred in dainty colors; also varied
lot Of camisole lace, Regular 7bc
TO $l.15. Very special at, per
yard, 69C.
ALI bead and sequin trimmings at
a reduction OF one-half. and other
trimmings ana lace az tremen-
dous reduction. Made-up wells at 10
price and piece yelling especially
priced At Z off.
-umbtelas, our complete stock, re-
duced u.
(Maln Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Infants Dresses
Reduced 70

A collection of infants
Dresses and first shorts;
chher machine or handmade.
Regular Vandcvcr quality at
u price.
(SccOnd E1oor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Linen Specials

-14-inch all-linen MADEIRA en-
broidered Tea hopkins; a few
dozen, special at sI.05 doL.
All MADEIRA Rounds. Centers,
Ovals and Scnrfs. reduced %.
All Wamsurta Percale Sheets and
Cases reduced during this sale.
No. i03 7fuallty Derryvale Linen
Pattern Cloth, plain satin band
patterns; extra special at, 70x70'
S3.05; 70xsS, Sf.95.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Juniors Coats
70 Price

One group of Juniors Goats,
sized ~ to II years; formerly
priced from $3.50 TO $3.50.
Priced for quick disposal at
12 price.
(Sccond Floor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Extra Specials in
Wash Goods

Many new patterns In Devon
shire Cloth, fast colOrs, 32-inch,
37c yard.
-32-iach Scotch Ginghams. fast
colors, at A0c yard.
New Percalcs, 36 inches wide.
pretty patterns, re yard.
--36-inch Outing Flannel. light
and dark patterns. good weight,
22l c yard.
All other Wash Goods reduced as
follows:
--36-inch genuine Everfast Shirt
ing, guaranteed fast colors, linen
finish; very special at SOC yard.
--32-inch fast color Shirting Ma
dras, pretty patterns In woven
stripes; special at SOC yard.
Nothing Excepted.
All Wash Goods not previously
mentioned are reduced az fol-
lows:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
JeweIry at Half Price

ALI whiting and Davis Mesh Bags
ia a novel range of styles; silver
and gold finish Values TO $40.
S3.05.
Novelty Bead Necklaces with tassel
in colors Of amber, light blue, anne
thyst and Alice blue TO close at 10c.
Bar Pins set with Rhlnestones and
other assorted colored stones; 75c
value at S5c.
All other GJewelry at half price.
This includes all pearl bead neck
iaces, fancy pendants with sautoiy.
enr drops. bar pins, watch ribbon
bracelets cuff pins, baby pins, van
tiles and all boxed jewelry
Main Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Neckwear and
Handkerchiefs
Reduced

-Guimps of net, some trimmed IN
Val, filet and Irish crochet. Round
and straight collar effects. For
morly priced from $3.50 TO $500.
now az "a goo reduction.
Mems fine. pure white. linen Hand
kerchiofs with narrow hem
stitched hem. Regular $3.50 each,
Priced for clearance at s5c.
Mems pure linen Handkerchiefs IN
fast colors. Regular Size. For
merly sold for sl.00, now 0Oc.
Mems novelty Handkerchiefs, 3 FOR
csc.
An Ribbon at 1910 discount.
An Neckwear and Vestings reduced
2O9e.
Ribbon Novelties, Garters, Lingerie
Bows, Party Bags, Carriage Straps
and Baby Bows reduced for clear
andce 900.
Main FLOOR
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Children'S Hats
S1.95

One LOT of childrcn's Hats Of
velour or velvet, in rcd, navy
or black. Very specially
priced at $1.95.
iSccond Floor
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Juniors Coats
Splendidly Reduced

These Bolivia and polo Goats
represent astounding values
and are available in brown or
navy blue; sizes Is to II. A
real serviceable Coat at a re-
markable price.
Formerly $500, now S16.67
Formerly $1,000, now S36.67
Formerly $500, now $43.67
FormeEA S41. 80, now $27.67
Formerly $3.50, now S39.67
-Foriherly $500. now S56.67
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Growing Girls and Children's Shoes
Reduced for Clearance

These Shoes were built TO sturd-
lily Withstand whatever winter
weather may bring and they ac-
complish in many ways one
definite result absolute Shoe
satisfaction, Every phase of
footwear is represented in these
sweeping reductions. You'll find
here just what you mead
greatly undcrprieed.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Iuhior Dresses
for Clearance

Junior misses Dresses OF Canton
crepe. velvet, serge, Poiret twill or
Jersey fashioned in the season $
preferred modes. Sizes IL to II
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
White Goods
balcony

.l6-inch Red star linen huck
toweling; very absorbent: epe-
ciaI. yard, i0C.
-17-inch an-llnen hleached crash
Toweling. very special At CSC yd.
-16x32 Huck Towels, plain white,
1212c ea.
-36-inch Bleached Muslin. good
weight, no filling; regular lgc
quality; special, 10c sd.
An Sheetings. Sheets, Pillow
Tubings and Cases are reduced,
An Bridal Sheets and Cases re-
duced. Heavy standard grade, at
unusual prices.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Woolens Reduced
for Clearance

40 to 5i-inch Worsied Plaids
Stripes and Checks. Regular
prices from $2.95 to $500 per
yard; special, $2.4S.
ID to 56-inch all-wool Tweed
Suitings, plain plaid and
check Coatings. Regular
price, 1896 10 $3.50, at S2.9S.
Sd to 56-inch Krimmer, AS,
trakhan Coatings in black,
gray, henna and brown. Reg
ular price $5.95; special $3.9S.
-5t-inch Velour CoatinGs and
Suitings in navy and black;
51-inch Camcls Hair Coating,
natural; 54-inch Chinchilla,
scarlet. Regular prices, Sl,95.
$500, $5.95 yard; special at
S3.9S.
.54-inch all-wool Jerseys, scar
let, navy, brown, black and
gray. Regular $3.50 per yard;
special, si.9S.
-iG-inch School Checks, Plaids
and Stripes, " wool. Regular
price $l.25 yard; special 79c,
"a to 36-inch plain and fancy
Corduroy. Regular price 81
and $1.25 yard; special 79c.
Fur Cloth PLUS Ii
in black, brown and gray.
Regular price $500 to $500
special, 1898.
All other Wooden Fabrics and
Nclvets in this department.
20fo off the regular price. No
pxcpDtiOnS.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31

All Silk Comforts, wool
filled and down-filled, plain
flowered and brocaded GOV.
erings, are radically re-
duced for quick clearance,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Children S Coats
l-3 Less

Boys or girls Coats, sizes 2
to 5 years. Bolivia, polo or
chinenilla; some are fur trim
med.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Children S Dresses
Reduced l-3

-Children's Dresses of serge,
jersey or wool crepe. Daintily
fashioned, yet sturdy enough
to withstand the wear they
will be given. Sizes 4 TO II
years.
s $50 Dresses, now. s 4.34
$1,000 Dresses, now. IS 6.67
$500 Dresses, now. $1,000
$1,000 Dresses, now. .S13.35
$500 Dresses, now. ,Sl6.67
S 500 Dresses, now. IS 5.34
$3.50 Dresses, now. IS S.34
$3.50 Dresses, now. .S12.35
$22.50 Dresses, now. $500
(Second Floor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31

(Second FIoor)
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31

All cotton and wool-filled
Comforts are,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Blankets

All wool and cotton blan-
kets are
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31
Very Special

Extreme Low Prices on Fancy
Bath Towels.
Lot Extra assortment OF
fancy linen Bath Towels. size
1886. in Il large number Of
elaborate designs. These
towels would sell regularly for
sec and S5c. Special for
clearance, 40c ca.
Lot 2-Large assortment OF
our largest and best Bath
Towels. size 22x44. In elab-
crate designs. These towels
sell regularly for 800. $125
$3.50. An extra value at
7gc ga,
The New York herald., 1922-02-10
COLUMBIA MACHINE
RECEIVER Is ASKED
Graphophone Company Insol-
vent, Says Creditors
Application.

WILMINGToN, Del. Feb. 9.--Applica
ton for a receiyership for the Columbia
Graphophone Manufacturing Company. a
Delaware corporation, was made to-day
i'm the United State District Court by
the Universal Securities Company,
owner of ! 900 shares Of common stock /;
Mary B. Shera, 1926 shares, and Henry
w. Runyon. 275 shares, all of Jersey
City. There are stated to be outstanding
s9.ss3,7s1 OF preferred stock of sioe
par value and s1,26S,2S6 of common
stock of no par value. Insolvency Is
alleged because of inability to pay in
terest on debts. A rule to show cause
was made returnable February II by
Judge Morris.
The general financial depression is
held responsible in part for the position
of the company, added to which Is de-
probation or inventory
Liabilities are put at $19.900.oc0 owed
10 banks and financial creditors, in addi-
ton to So 900, 900 to merchandise and
other creditors, No listing of assets Is
made, but analysis Of the companys
affairs Indicates that they are small
The increase in business, 1t ~
charged. at no time has been proper
tionate to the enlargements OF capital
stock and the making OF loans. stock
in the open market declined from Sio
two years ago to s1.25 last month.
Besides q plant at Bridgeport. Conn.,
there is another at East Baltimore, Oh
which s3,50O,00 has been expended, but
~, pd
Toronto, Canada, costing $1.50o.o00. also
unused A lease for eight years or
eight floors Of the Gotham National
Bank Building, New York, carries an
aggregate rental of $4,000
Sales for the nine months preceding
September 80. 1921, were $l9.0OO,Ooo.
against S47,000,000 for the similar period
ended September 80. 1920. Profits for
the 1920 period are stated to have been
s7,30S,734, while a loss OF S2.339,77b
was incurred in the 1921 period The
company Is said to be confronted with
other losses on outstanding contracts
for supplies.
A committee was formed in September.
1921, to protect s13,650.000 outstanding
commercial paper, and another last
month to protect s6.0o0.0Oo gold pei
cert notes The business is now being
CdTTleQ OH ny lllcSS COliiiiiitOSSs
Application for o. receiver for tie
Columbia Grapbophone Company came
as a surprise in Wall Street yesterday.
following so closely the letter written
last week by Francis s. Whittan, chair
man of the company, to the bondhold
ers' committee in which he intimatei
that il the company's creditors were
patient for a time the end OF the conf
pany's difficulties could be SEEN
Mr.. Wilitten issued statement de-
clarlng that he knows Of no grounds on
which any stockhoIder could base re-
ceivershlp proceedings. He added: II
am confident that the suit will have M
affect or the carrying out of plans un-
der consideration for the adjustment of
the succe ssful continuation of the conf
pany's business. Everything is being
done in cooperating Win the company's
creditors to preserve the stockholders
anttttN.''
The New York herald., 1922-02-10
NATIONAL STEEL CAR
LINES REPORTS FOR 1921
Pledged 738 Tank Cars With
Independent Refineys

The annual meeting of the National
Steel Car Lines Company. organized ir
1920 10 bry. sell and lease railroad
cquipmenet. was held yesterday. A report
showing that during the last year 7sS
tank cars were pledged under agreement
with independent refiners by the COM
pany acting as vender was presented. or
these cars 277 were fully insulated. $40
non-insulated OF 5000 gallons capacity
and 141 non-insuated OF 10000 capacity
The outstanding amount CT notes held
by the public against those cars was re-
duccd during the year, under the COM
rany's series A agreement from s400.-
coo to s35o,0oo and. under It. series b
agreement from 100000 to s65o,o0o
The following Officers Of the company
were elected for the ensuing year:
Ernest T.. Nye, president: Leon S. Free
man, Il. Kirk Haskell. vice-presidents :
s. Halline. secretary. and r. J. Burton.
treasurer. Theso officers. with South
gate b. Freeman and James A. Cother,
make UP its directorate.
The New York herald., 1922-02-10
NORTH GERMAN LLOYD
INCREASES CAPITAL
Double Voting PosDer to Com
bat Foreign Interests.

BERLIN, Feb, AT an extraordinary
general meeting of the. North German
Lloyd yesterday resolution was
adopted increasing the company's capt.
tai by 125.ooo.Ooo marks, bringing the
total to 6oo,ooe,eoo marks. Business
prospects were declared to be favorable
The new shares will yield preferred
dividend and will also carry double
voting power in the event the company s
capital Is threatened with an invasion of
foreign interests.
The company's directorate informed
the shareholders that II would do every
thing in its power to promote and
anplify the formal working agreement
with the United States Line, which thus
far. 1t was stated. had been productive
Of agreeable relations for both parties.
The New York herald., 1922-02-10

circulation. are indicated in the Fedora,
Reserve Boards weekly consolidated
bank statement, issued as at close Of
business on February s. The reserve
ratio declined from 1852 to 76.l per
cent
Federal Reserve Bank holdings OF
paper secured by United States Govern
ment obligations (so-cailed Government
papsr) increased 100000 for the week,
other discounts declined by s1s.20o, 900,
while acceptances purchased in open
market increased S4.20o,0o0. Pittman
certificates held as cover for Federal
Reserve Bank notes declined s14.500 900,
while other Treasury certificates IN
creased sac. 100000
Total earning assets were s26.6o0,o0u
larger than the week before.
Government paper under discount in
creased from 1851 100000 to s361,9oO,-
600. or the total held. s265.3o0, 600, or
1873 per cent. was secured by Liberty
and other United States bonds. $27,o00.-
900. or rs per cent. by Victory notes,
$50. 200. 900, or SO per cent, by Treas
ury notes and s50,300.000. or 1873 per
cent. by Treasury certificates.
The New York herald., 1922-02-10
PEOPLES GAS EARNINGS
PUT AT $II,64 A SHARE
Company viii Fight Rate Cut
Ordered in Illinois.

The Peoples Gas Light and Coke
Company's annual report for 1921 shows
net income of s4,4s4.009 after charges
and taxes. or $11.64 share on the out
standing common stock, compared with
80 cents in the preceding year. Gross
earnings were s3i,927.06S and operating
expenses. including depreciation, S22,-
sO5,734. Taxes. &C.. we're charged off at
s1.s7s,666 and other income totaled
sss2,947.
Samuel insult, president. says the in
crease in earnings is due to higher rates
received for products. The volume OF
gas sold was s.3s per cent. less in 1921
than in the preceding year. Reductions
in rates ordered i'm January by the
Illinois Commerce Commission will be
fought at iehearing. If the petition
for rehearing is denied the case will be
taken into the courts. The most i'm
portant questions to be decided, said Mr.
insult. is the right to recoup for losses
sustained under temporary rates in
1918. 1919 and 1890.
The New York herald., 1922-02-10
FINANCIAL NOTES.

The Guaranty Trust Company Of New Yorl,
has been appointed transfer agent Of the
Beaver Board Corapauies certificates OF de-
posit.
Ice. ligRiueon & Co. are prepared 20 eX-
change at their local boston and chico 20
offices their outstanding in,erlm ccrtiflca tcz
for the Savannah Electric and Power Com
pnnv's permanent first and refuuding mort
gage 1is per cent. gold bonds series &. dated
October I. 1921 and due on october =, 1871,
having coupons due on April I. 1922. ana
subsequently attached.
storcr q. Decatur. formerly representing
Biddlc e. Henry os Philadelphia IN this City,
ls IN Watson whites bond department.
The American Trust Company. through its
bond depe ertment. has issued circular
.nfating that present bond prices are at
tractivc az compared With those OF norma I
times. The circular contains list Of bonds
Welding to go per cent.
Reinhart & Dennet. members Of the New
York Stock Excherre Rave prepared com
The New York herald., 1922-02-10
RAIL OPERATING INCOME UP.
Total Net of 81 Class 4 Roads
$35,7ss,62S In December.

The net operating income OF sixty
three class one railroads in December
was sS5,7sS,625, an increase of s2s,424.-
cls, or 100 per cent, compared with that
ot December 1920. Due to the extraor-
dinary extent OF year end accounting
adjustments the railroads still to be
added probably win bring the December
ne. up to S75.000000.
That amount would represent an. an
npal rate or return of 2.76 per cent. on
the Interstate Commerce Commission s
tentative valuation Of railroad property
Mt $4,000, 100000. On the foregoing
basis of estimate for December the
roads net operating income for 1921
would be, S604, 100000, or Mt the rate of
a.s5 per cent. on the tentative valuation.