davidaulloa/AmericanStories huggingface dataset:
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
MONDAY DIVIDEND DAY
Banks and Cotton Mill Make Regular
Semi-Annual Payments OH Capital

oohfl.AHnudl lnyinentS OH taptal
Stock.
In spite oa the ruling depression in
financial as we'll as other circles, To-
cal banks paid their usual dividends
at the first Of the year. Local banks,
1t is understood, have gone through
the trying period Of defation very
satisfactorily and are looking forward
to successful business year.
In addition to the bank dividends,
the Laurens Cotton Mills paid it's us
ual semi-annual dividend Of 1-2 per
cent on the capital stock Of 81 ,O5O 900.
The local banks paid dividends as
follows:
Enterprise National Bank, per
cent on 100000.
Farmers National Bank, per cent
on $4,000.
Laurens National Bank, per cent
on $4,000.
Palmetto Bank, 4 pr cent On $780,
900.
Peoples Loan g. Exchange Bank, 4
per cent on 100000.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
TAX PAYERS
CALLED TO MEET
County Delegation Calls Tax Payers
to Meet In the Court House Satur-
day TO Discuss County Affairs.

| dhy 10 DlScuSS County Affairs.
a signed call for tax payers meet.
ing Saturday has been issued by Sen.
ator o. p. Goodwin and Representa-.
tlves G. I'D. Nance, c. NJ Babb and
| lTownes a. Willis, members of the
county delegation. In tho call it is
! set forth that county expenses in the
supervisors Office for tho past. yeal
have exceeded the appropriation by
$4,000.
1t will be recalled that during thu
summer months the supervisor report
ed to the delegation that funds for va
rious county activities, particularly
roads, were exhausted and asked fol-
assistance from the delegation in It'd
ing over the year. The representatives.
after showing made by the SUPER
visor agreed for the supervisor to con-
tinue the road work of the COUNTY on
an economical scale and promised to
take care Of the expenditures to q rca-
sonablc extent when the legislature
convened. The whole matter has been
III an uncertain state since that time,
as Senator Goodwin has never indi-
Gated what position he would take
when the matter comes up in the Sen
ate.
1t Is expected that the meeting Sat
urday will be largely attended, as the
matter OF the county deficit has caused
wide 6jscucc;o, tJ,ro,,o,,o,,. ~, ,..
part OF the year.
The call issued by the delegation fol-
lows:
Taxpayers Meeting
According to statement furnished us
by tho Hon. John D. w. Watts. Coun-
ty Supervisor, it appears that there is
a deficit in his Office to the extent of
about $40,000.00 over and above the
appropriation made by the county
delegation in the legislature for the
maintenance Of his office for the year
1921.
All taxpayers and citizens arc re-
qucsted and urged to be present at a
public meeting at Laurens, S. c., at
eleven o'clock A. NJ. on Saturday the
seventh 7th day OF January, 1922
to discuss the question of State and
County taxation and make suggestions
to tho legislative delegation as to the
amount of tax levy and appropriations
for Laurens County for the year 1922
and what disposition should be made
for past indebtedness Of the county.
o. p. GOODWIN,
c. D. NANCE,
G. NJ. BABB,
TONNES A. WILLIS.
Legislative Delegation
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
Frank Duyall Dead

Friends in the county of Mr.. Frank
Duyall, a former resident OF Waterloo,
will be sorry to learn of his death,
which occurred at his home in Green
wood Monday morning. The funeral
services were held at Waterloo yes
terday afternoon. The deceased is
survived by his widow. who was a
Miss Pearce, Of Waterloo; a sister,
Mrs. j. w. "A. Boyd, formerly of this
city, but now Of Greenwood, and two
brothers, Willie and Walter Duvall
both Of whom live in Greenwood.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
Moves to Ne1be,1.y

Mr.. d. L. Martin and family leave
today for Newberry, where they will
make their home In the future. Mr..
Martin expects to be engaged in the
insurance business. He has already
gone down and looked over the town,
forming a very fair opinion OF the
place. I'm fact" he said, tits bet.
ter town than I thought it was"
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
Bishop Finley Coming

Rev Kdrkman g. Finley, bishop-co-
adjutor, will make his regular vista
tion with the congregation OF the
Episcopal church next Sunday morn
Ing. The sermon will be preached at
IL O'Clock. The public is invited to
the services. AZ
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
Cotton Gfnnines

& Cotton ginnings in the county to
December IS wore 3b,297 bales, ac-
cording TO sthe report made by Mr., G..
w. McCrayy to the census department.
TO the same date last year 5000 bales
had besn sinnee,
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
Cotton Takes slunn

The futures market. after opening at
an advance of about twenty points yea.
terday morning, took a decided down
ward slump during the latter part of
the day, losing nearly i've. dollars a
bale from tho highest point. Local
spots were quoted during the day at
around 171-2 cents.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
PreacIiIng at Frlendshlp

The Rev. g. 4. sauires Will preach
at Friendship Presbyterian church
3next Sunday at g p. M. ess.
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04

ADVERTISERS SUBSCRIPTION CAMPAIGN
ENDS WITH AYALANCE OF VOTES
MRS. L. CONNOR FULLER WINS FIRST PRIZE
Interest in the Outcome Remained at Fever Heat Until
the Very End Of the Contest Mrs. Fuller Lead
Other Contestants by Large Majority.
THE SUCCESSFUL CONTESTANTS 81
I" First Pre-$75O Ford
Second Grand Prize$225 VI
MIS- fiayne .9,4150
Z" Third Grand Prizc$2 Cabinet 81
Mrs John ~ fiudgens
rize-$5O Gold
The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1922-01-04
wednesday Club

The Wednesday club will meet this
afternoon at $3.50 o'clock with Mrs.
las. H. Sullivan.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Financial Items

H. e. Phillips, formerly with Otis &.
Co, has become associated with Stone,
Prosser & Doty in charge Of their bond
department.
The Registrar and Transfer Company
has been appointed transfer agent OF the
common and preferred stock of the Peyton-
du Point Securities Company.
Kean, Taylor g. Co yesterday announced
that John Edward Maynard, formerly with
Tucker, Anthony G. Co, has become as
ISOLATED with them in charge OF the dis
tribution of securities.
The Chatham & Phenix National Bank
has been appointed trustee for the Beaver
per cent collateral trust gold notes.
During the first SIX months of the pres
ent year Morris Plan banks throughout
the country made loans of over $3S, soc, O 100
to more than 175 900 borrowers The total
number Of loans made the Morris Plan
in its first twelve years Ito June 30 1920
over s320 600. 900.
The Guaranty Trust Company yesterday
announced that and after August 3 the
Missouri Pacific Railroad Company first
and refunding mortgage per cent series
coupons due February !, 1924 and sub
sequent attached, will be delivered in ex-
change for temporary certificates now out
standing
Columbia Trust Company and Howard
Bayne have been appointed trustees under
additional interest mortgage, securing adj
ditional per cent interest on 5000, 900
first mortgage per cent bonds of the
Morris & Somerset Electric Company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Petitions in Bankruptcy

The following petitions in bankruptcy
were Med yesterday in the United States
District Court:
LOUIS GOLDsTEIN-I volunta
Women's wear 40 West 57th st.
PREMIER CLOTHING CORPORATION
Involuntary. Ash Broadway
JERSEY MANUFACTURING CO.. INC
-,,lnvoluntary. Waists and dresses, EOS
sCHNEIDERMAN DRESS Co.-Invol-
untary. 122 West 10Th St
WELLINGTON HAT CO.-Involuntary
102 Wooster st.
Receivers in Bankruptcy
The following receivers in bankruptcy
were appointed yesterday in the United
States District Court:
Richard o. Smith for the r. & q Skirt
and Dress Co.. Is East Goth St, w4-i bond
OF $1,000.
Bertha Rembaugh for Louis t1oldstein.
womens wear, 500 Fifth av.. wi v bond of
$4,000
John L. Lyttle for George Liss 6 Co.,
coffee roasters, 343 East 18th st.
Byron Clark jr. for Jersey Manufactur-
Ing Co, Inc. waists and dresses, EOS Fifth
ay., with bond of $1,000.
Schedules in Bankruptcy
The following schedules in bankruptcy
We're filed yesterday in the United States
District Court:
INFLEXIBLE WAIST co.-142 West
26th ST. Liabilities, $43, $50; assets, STA, 400
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
B usiness News
American Woolen's Women's
Wear Lines Lower for Spring
Sees Better Outlook
For Jesvelry Trade

Sales of jewelry, especially pearls,
are best in the mid Atlantic and
Pacific Coast states at present, and
manufacturers of jewelry are opti-
mlstlc regarding the fall season, ac-
cording to H. L. Karpeles, vice
president of the Karpeles Company,
maker of pearls.
There has been a very satisfac-
tory demand for pearls since the
first of the year" MIR. Knrpelcs
said. "and there has been an ap-
preciable increase in the volume
and quality of orders since the first
of May.
Our statesmen from all parts of
the country report a better demand
for high grade pearls, for the fall
and holiday season. Our business
for the first half of 1922 was %
per cent better than for correspond
ing period last year, and we under
stand that jobbers generally report
an improved outlook for fall and
holiday jewelry buying"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Answer|From the standpoint of
A Woman's Investment

your advice concerning the inclosed list
OF stocks and bonds What is your opin-
ron OF them az an investment of a con-
single woman and the income derived from
THESE investments Is my sole means OF
support Consequently, while I am anx-
ious for this income to be as large as pos
sible. II Ia most important that the in
vestments be safe, both as to principal and
interest. Would you advise any changes
at this time? l have tried to include quite
a few long term bonds. While l realize
felt that my best plan would be to let
them reign as long as they will ] am
leaving FOR the West on August l and do
hope 1t will be possible to receive your
Fiftyfour Merchants Refrigerator Com
pany preferred Is 81 Irving National
Bank, capital stock: 10 Mechanics and
Metals National Bank. Bonds: $4,000
tory loan as, $500 first Liberty loan
us. 500 first Liberty loan consolidated
As. $4,000 ; rovince of British Columbia
IS. 1874; $4,000 Province OF Nova Scotia
1914; $1,000 New York Edison Company
61as, 1871: $1,000 New York Telephone
Company IS, 1914; $500 New York Tele
phone Company AIS. 1899; $4,000 Utah
Grace Steamship Marine Equipment 6s
1880. i especially desire your opinion as
to the advisa bility of holding the last two
Items; also the Arst item listed.--Miss
L NJ. H.
Answer-There is only one sugges-
ton that we think necessary cto make,
and that relates to your holdings of
Merchants Refrigerator Company pre-
ferred. While this stock is we'll Sc
cured by earning power. we feel that
your holdings are too large in proper
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Commercial Credit

Commercial paper brokers believe
that with the settlement of the rail
read strike and coal strike in prospect
there may shortly be some increase in
the output of paper
The acceptance market was extreme
ly quiet, interest ON the side of de-
mand being slight, with the approach
of the usual monthly disbursements.
Dealers have a few more bills on hand
as a result of the small increase in
supply late last week. The American
Acceptance Council yesterday quoted
the following schedule of discount
rates on prime bankers acceptances
eligible for purchase by the Federal
Reserve banks:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Greater Degree of Safety

Question: widow with $4,000 to
invest. AS the income from this amount
must be my main source of supply safety
CT principal IS absolutely essential. The
following list Of bonds has been recon-
mended for my consideration by reliable
house. wal you kindly give me your
opinion OF their suitability for one in my
position? New York Central Railroad first
and refunding 5s. 2O13. Missouri Pacific
first and refunding 6s; Virginia Carolina
Chemical Company first mortgage rs. 1917;
Remington Arms Company first mortgage
IS, 1882; b. + Goodrich first mortgage
Us; Pacific Telephone and Telegraph re-
funding 5s. 1852; Saks & Co. Is 1912; De-
troit City Gas Company first mortgage 6s
Dutch East Indies 6s l947 or l962.-Mrs
G. K. *
Answer-In your position the accept
ance of bends yielding lesser return
would better provide the degree of
safety for your principal that you
need, in our opinion. Our selection,
which includes some you have listed,
would be: New York Central 5s, 1918;
Missouri Pacific 6s, 1919; Dutch East
Indies IS, 1947 or 1862; ST. Louis-San
Francisco prior lien, Series B, IS, 1850;
State of Queensland Is, 1941; City of
Copenhagen 51as, 1914; Philadelphia
Company 6s, 1914; United States Rub
Der IS, 1947; Pacific Telephone G. Tele-
graph 5s, 1852.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Investment Information

ton to the size of the Investment as
a whole. We suggest that you ex-
change half of this stock for Endicott-
Johnson preferred. American Ice pre-
ferred or Pere Marquette prior prefer
ence stock. The last named issue is
selling around II and receives per
cent dividend. We see no reason for
disturbing any of your other invest
ments, unless you want to anticipate
the maturity or early redemption of
the Victory notes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
To Distribute Bonus

Thousands of employees of the
Alexander Smith G. Sons Carpet Co.
mills in Yonkers, will share in the dis
tribution of the twenty-second bonus
to-day. About s375,OOo will be dis
tributed as a semi-annual bonus to
about 1000 employees, according to
length of service with the company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Satisfied Judgments
In New York County

The first name is that of the debtor. the
second that OF the creditor and date when
judgment was filed
Auerbach. Walter T Duartes
ct al; Aug 49, 1e14....... s447.s4
Chuck, George M-Gimbel Bros.
, New York; Jan S; 1922 2os.4s
october 70, 1915. ............. 254.02
Commonwealth Hotel Construction
Corp Reich; Sept 9, 1921. 2,4se.2o
Surety Co-People etc; Dec
"a, 1920 (vacated) :........ -. 1000. 90
Goldfeld, Esther = Metro politan
= Credit Corp; Sept. ~ 1921. 2o2s.s9
Dec 80. 1921 ................ 257s.55
July rs, 1922 tvacatedl. ..,.., 1893. 90
Surety Co-People. etc; June
~, 1922 (vacated) :..:...... 1000 90
Willis Clarence E and Florence
Ma w Mccain jr; June "A,
1912 ........... 593.13
Friedhoff, Maria R--Lembeck &
Betz Eagle Brewing &c; Dec
s, 1917 a.44o.s1
Pacific Trading Cor Cascone;
July i, 1922 ................. a7ss. IS
Pigsott. Elgin r. and National
%. 1921 lvacated) .......:.. 1900. 90
Gramercy Operating Corp, Inc
Fr!cke Realty Co; Oct IS,
1921 .................... 1,6a6.s9
In Bronx County
De Lancey. Jesse OIL Guttag;
Hatlni, Moe and Hattie: sam
Schoenholt. Henry Spiegel and
Max Karoff-Morris Plan Co;
Oct Q. 1920 .........,........ 1880
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Four full columns Of in.
restnaent questions and an
sxers acilI be published in
The Tribune every Sunday
and Monday. On other days
one full column viU appear.
New York Metal Market

Tin was dull, with Straits and Straits
shipments quoted at 32.250330O stan
dard, 1925, and 80 per cent, so asked.
Copper steady. Standard spot, August
and September, 1880 asked, and cleo
trolytic spot, August and September.
1922 G14.00. Lead firm. New York
spot, 5.75 bid, and East St. Louis spot.
5.42h bid. Zinc firm. New York spot,
$50, and East st Louis spot, 6.15
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
In 40 Per Cent Income Tax Class

ouestion--wlll you kindly advise ma
through your answers to correspondence
which ] carefully read7 / am in the "a
per cent surtax income tax and have been
for TOUR years. and am still investing in
nothing but state, county and city honda
ana pay the government no income tax
ana do not propose TO as long as the
present surtaxes are in existence From
an investors point OF view solely do YOU
advise the continuance OF this policy. or
would you advise buying railroad bonds
or other securities where the surtax would
bring the income below the bonds above
mentioned Wv. L. s.
Answer-From the standpoint of
public policy we do not think it
wise to go out Of our way in suggesting
means by which individuals can escape
taxes. However, from an investment
point of view solely, to repeat your
phrase, we think the purchase of
shares Of the highest grade state.
county and municipal bonds gives one
an excellent investment structure. I'm
less you are yourself thoroughly
familiar with the credit standing Of
the various states and their political
subdivisions, we suggest that you
make purchases only after receiving
expert advice.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Answer-We think YOU should con.

Answer-We think you should con-
slider per cent large return if you
wish safety in a degree consistent with
the needs of an individual who cannot
afford to take chances, and if you will
allow US to make the suggestion that
the acceptance of from to 51a per
cent would more nearly meet with our
approval we will name the following
bonds as suitable Illinois Central
513s, 1884; United Kingdom 512s,
1887; Delaware & Hudson 512s, 1887;
Mahoning Coal 5s, 1884; Southern
Railway 5s, 1894. Although we hest
tate in advising the sale of Liberty
bonds, if you feel that an increase in
your income is needed we would
recommend division of interest in the
aforementioned bonds as reinvestment
for the amount realized from the sale
of one-half your Liberty bonds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
deductions on Representa-.
tive Offerings Range
From | Sd to 5 Per Cent
Compared With Last Year

Prices placed on women's wear lines
for the spring of 1923 by the Ameri
can WOODEN Company, at it's opening
OF Department yesterday, were sur
prlsing to the trade generally in that
the representative lines were from IN
per cent to 5 per cent lower than last
spring despite the fact that raw wool
prices are 30 per cent higher than
those prevailing last spring.
The range of fabrics offered is the
largest which the company has ever
SHOWN, the number of lines being rs
per cent greater than that for the
spring OF 1922. Among the best sell
ers mat are quoted at lower prices
are the velours and tricotines. wbich
are ogered at lower prices than for
any srfIng in the history of the com
pany aoiAe of the prices compare as
follows: "'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01

Block, Louis-Wool Novelty Co.,
~. - '."s'..
Esseff Realty Co., Scion Frank.
Ray Frank, Harold Frank,
Scion l.. Frank and Jacob Selig
as exrs.-East River Savings
Institution
horne, William, Fannie G. Horne
and William Horner Cor.
Greig ................
Jastrow. Morris Sill. L. Gold.
karp, Abraham, and Fishel
Leder-S. Diamond. ......
Santry, Mary and Domenick-A.
Zlrman .............
Winter. Abraham-I. Hochman.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01

b
Lower prices apply also to some of
the scarces. fabrics Ormandale. which
was one Of the scarcest fabrics this
season, is quoted now at $3.50 and is
priced at $3.50 for the spring. In this
same Eiass is velverette, which this
year ii quoted at $575.
AmoAe some of the new offerings
are zsmora, at $575; tribizound. at
So:4212 vedrenna, at SIPS, and d elo-
ralne, a. So. An unusually large line
Oh polalres is being featured. Thev
range In weights from ID to 20 ounces
ana arr quoted at prices ranging from
$l.Zz n to S2.46 a yard. Among the
new offerings in this line are: Stvle
l6057, at So; style 1865 a 16-ounce
camel hair, at $l.92ia; style 10000, a
l4-ounce, known as Aberdeen. and a
diagonal polaire, shown in twelve
colors, at $1.25.
The company this year is displaying
an unusually large line of fabrics for
sports wear. Among some of the offer
lngs are polaires in small and large
check patterns, at SLAP; tweed coat
ings, ranging in prices from $40 to
$l.b6, IN grays, tans, blues, green's and
browns; tweed suitings, such as Dun
eden, II ounces, at S115; Glengarrv
10 ounces at $1.65, and Granada, 1914
ounces, at So.
About $50 buyers inspected the lines
yesterday and some large sized orders
were placed. Samples are to be de-
llvered in October and November. The
rest will be delivered in January. Feb
ruary and March.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01

Questions Of general interest to in
restore soitt oe anssoered in this col
efNn' ~ sohich case only initials ,o;u
De msed. Others aciu be dns,eered BIZ
mda. Address oil Inquiries. fnc,os-
rig stamped, addressed engefone h
Financial Editor. The Tribune Xxx
"assa" Street, Ne,v York CITY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
pr;ces Are Steady
/, Active Trading
q, Curb Exchange
4, Greater Demand
ta' sfter EARLY Irregular
r.: Irndustrials Move ., I'm
a.,,sa,diIy; Bonds Narrow

-. displayed q steadier tone in
SEss active trading on the curb
sss'@ss. s,.sr early irregularities. Oils
rsrss' ~ NJ recovery, as industrials
I'D = ...esaaily. Bonds were quiet
g !, changes we're small. ;,
~ sA Oils were In greater de-
"a Atlantic Lobos gained nearly
sssaa s"N r.s;ana shares and Kentucky
ps & ..ored advances. Southern States
sos go steady round 49,.
= Sun. ..sseaS Motor shares fell sharply, los
ne 81 ,ess were reactionary. Philip
noisT! worked fracsionaliy higher
seNt' Yrdugfr taiS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Judgments Filed
In New York County

The following judgments We're filed yes
terday, the first name being that of the
debtor
Apfelbauna, violet-H Markowitz s1ss.5s
Algonquin Hosiery & Underwear
Co, Ipc-N A kommel ct al. 2os.s2
and James II Dewsnap-B Gold,
r, stein c..s: ....:, $50.
=, Goods Co ,..,.; ......., 5s7.5a
sen ;;..... ......... 1905
L 1e, John G-i- X Du Mond 1.sT4.33
ErleuinAn, Sehlalnin-R kohut.. 614.35
ness. noseT-A bates & Co, Inc. $3.50
I III ftancls rs Brady. 214.s1
ut, ct al ;.,,:....... $3.50
Co. and Fannie G Horne-R Nj
Greig ..........,.......... 1903. CO
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-08-01
Can Take No Chances

Question have Liberty bonds as fol-
LOWS; $500 First Ans. $4,000 Second AIS
So 600 which win receive on Aurust i5
ls22. Would you advise my selling all or
part OF my Libertys and with 1000 CASH
puy hNe or six good bonds. security rather
than large return. as am living on a
moderate income and can take no chances
w ouid IKE return of at least per cent.
- Miss l.