davidaulloa/AmericanStories huggingface dataset:
Smyrna times., 1922-11-01
FORMER DOVER MAN MAKES A
GIFT OF $4,000 FOR ORPHANS
SANFORD S. MURPHY, OF DEN
YER TO BUILD HOME FOR STATE
Institution Will Be Erected Near New
Dover School In Section Known
As THE Dover Beautifully

AS lHt DONeT Dtdutiiul
Sanford S. Murphy, of Denver, Col
orado, formerly a resident of Dover,
who some months ago made gift of
$4,000 for a new Presbyterian church
in Dover, it has just been announced
has now created $4,000 fund for
the establishment of a school for de-
pendent white orphan children, this
home also to be located in Dover.
The school will be incorporated and
papers for the same were prepared
Monday of last week by former Judge
William H. Boyce and son, James |.
Boyce. The name of the school will
be the Elizabeth w. Murphy School,
incorporated" in memory of Mr.. Muir
phey's mother who died several years
ago at Dover. The new Presbyterian
Church to be built with Mr. Murphey's
gift of $50000 is in memory of his
deceased father, who many years ago
was pastor of the local Presbyterian
church.
1t is specified that the purpose of
the home is to care for white orphan
children from two to ten years of age,
to clothe, feed, house and educate such
children as enter the school, until they
become 18 years of age.
The board of directors of the school
have been named as follows: Sanford
S. Murphy, of Denver, Colo; Walter
Morris, cashier of Farmers Bank of
Dover; Chief Justice James PenneYill,
former Judge William H. Boyce, Miss
Anna B. Hayes, daughter of the late
Manlove Hayes, and Harry Mayer, all
of Dover.
The officers of the corporation have
been elected as follows: Walter Morris
president; Miss Anna B. Hayes, vice
president, and Harry Mayer, secretary
and treasurer.
Mr.. Murphy has donated to the
Board of Directors of the Corporation
five and one-half acres of land re-
Gently purchased by him in City
Beautiful, adjoining the lands owned
by the Dover School Board, where the
new high school is to be erected.
On this land there will be erected
cottages connected with the school
each cottage to accommodate from l!
to 18 children. Each cottage will b,
presided over by a matron and sucl
other persons as the Board shall de
termine.
The school is to be built from tn
proceeds of $5OO,OOO of bonds of west
ern cities, the annual income of whic
: will approximate about $4,000
\ year.
H Just when the erection of tn
Y school will begin has not as yet bee
y determined, but no doubt it will be a
X soon as weather conditions will wal
Y rant next spring.
Smyrna times., 1922-11-01

Thru Laurel-Work in progress. No
detours. Laurel-Delmar - Concrete
road. No detours. Felton-Fredenca
New concrete road. No detours.
Work in progress. Drive carefully.
Milford Harrington - New concrete
road. No detours. Construction in
progress. Drive slowly. Dover-Pear-
sons Corner-New concrete road. No
detours. Construction in progress.
Drive slowly.
Smyrna times., 1922-11-01
NOTICE TO GUNNERS

l will be prepared on the opening of
the cunning season for shooting ducks
to take cunning parties out on Bonn
bay Hook marsh, either by the day or
for longer time. For particulars
apply to
S. ]. COLE, JR.,
West Commerce Street,
Smyrna, Del.
Smyrna times., 1922-11-01
Lay Eggs in Batches!

One of the worst of all household
pests-the roach-lays her eggs in
patches of 16. They breed with start
ling rapidity, contaminate food, spread
disease. They are a constant menace
to your health! Wipe out all reaches
TODAY. Use Royal Guaranteed
Roach Powder. 10c & 25c. Sold and
guaranteed by
WILLIAM NORRIS, Smyrna, Del.
CLIFTON & JONES, Smyrna, Del.
Subscribe for the Smyrna Times,
S1.50 year in advance,
Smyrna times., 1922-11-01
WANTED

eDresssa n Issn n Prices Paid for Live
'u Poultry and Eggs.
has ,s7 7haRoLD = o ]. CARRow,
u Smyrna, Del
Smyrna times., 1922-11-01
AUTOMOBILE TO HIRE

Closed or open cars. Reasonable
rates, careful drivers. q
WALTER S. NOWLAND,
Phone 268 South St.. Smyrna, Del.
The Missouri herald., 1922-12-15
we drag the streets, the work only
lasts from one rain until the next,

we drag the streets, the work only
lasts from one rain until the next,
and frequently that Is no more than
day--sometimes not so long. In
the old way, we never had good
streets. What time there is not
mud, there is heavy dust, and we are
never rid of chug holes and bumpers.
In paving her streets Hayti takes
a long step forward, and at the
age OF twenty-five years steps out
of her swaddling clothes into the
ranks of her progressive neighbors,
some of whom were aged more than
fifty years before venturing upon
such strides.
Now watch us 60 forward until
in the lead. The location of Hayti
on the map is too favorable not to
be found" by big business.
With what has been done already
we are we'll on the way. a new, two
story brick City Hall that would do
credit to a town of 10000 inhabi-
tants has just been finished. We
have as good schools as there are in
Southeast Missouri. We have ex-
cellent waterworks, good Fire
Department. and with paved streets.
we will be right in the front ranks
Of the progressives.
The Missouri herald., 1922-12-15
STREETS TO BE PAVED.

Last week and this week The
Missouri Herald has carried a reso-
Tuition notice proposing the paving
of streets all around the Public
Square, and half block back from
each four corners Of the square.
1t is proposed to bring the streets
to the proper grade and to pave with
rock base and tarva and macadam
wearing surface, as will be found
more fully described in the notice.
The streets paved will also be pro-
vided with concrete curbs and gut
ters for proper surface drainage.
This will be the first street paving
ever attempted in Hayti, and once
started it will undoubtedly prove SO
satisfactory that it will be extended
to all other portions of the town in
short time.
Anyone seeing our streets ~ the
present time would wonder why we
had not paved before. 1t seems now
an absolute necessity, and truly it
is. We have slept upon our own
rights and comforts by neglecting
the matter as long as we have.
The expense is insignificant COM
pared to the benefit to be derived.
and in the long run will prove an
actual saving. If we had any way Of
getting at the money that has been
spent on the streets of Hayti for
dragging, grading and "mudding"
covering the short period of the past
ten years, the amount would un-
doubtedly be more than the cost of
making permanent job of it. In
fact, all the money spent in tempo
rary street work, such as has been
done, is, for all practical purposes,
wasted 1t matters not how smoothly
The Missouri herald., 1922-12-15
"cAp" EDWARDS FOR SPEAKER

"A strong lead has set in among
the Democratic newspapers and lead
ing politicians of Southeast Mis-
souri, to make Dunklin county's Re-
preventative in the State Legislature,
Hon. Casper M. Edwards, Speaker Of
the House in the Fifty-second GEN
eral Assembly. And we are pleased
to notice that this practically unani-
nous sentiment here is spreading
throughout the State. Cap" Ed
wards is by nature, training and ex-
perience juse the peg" to fill the
hole and thereby keep the inter-
est of his party and the people out
of the hole" We have known
Cap intimately some twenty-five
years, and, boy, that is going back a
long, long time in the past During
all this acquaintance Cap" has not
only travelled, but has led the way
upon the higher road of life. In all
things he has been observing, keen
and, above all, out in the open for
what he has stood. Cap" is a jour-
neyman printer. editor, lawyer,
farmer and Doctor of Democracy, .
graduate in each case from the Great
High School of Experience. We hope
when the triumphant Democracy Of
the State assemblies at Jefferson City
in January, it will call to it's cap
taincy our Gap" and thereby cinch
a guarantee against making any
mistake.
The Missouri herald., 1922-12-15
COTTON REPORT.

Cotton ginned in Pemiscot coun-
ty, for the year 1922, up to Decem-
hr /, 36,644 bales.
For the year 1921, to the same
date, l7,007.
In New Madrid county, for 1922,
to December 1, 1852; for 1921, to
the same date, 1854.
l.. L. CROCKER,
Statistician.
The Missouri herald., 1922-12-15

DR.. Finney of kennett was here
interests of his farm west of town.
The Missouri herald., 1922-12-15
Golden Rule and 1t Mus
Kept Forever


a
a
The New York herald., 1922-03-16
VAN SWERINGEN DENIES
NICKEL PLATE MERGER
Road Will Not Be Joined to
CloDer Leaf, He Declares.

Special Dispatch to THE New YoRK HERALD.
CLEVELAND, March 15.-Persistent ru-
mors that the Nickel Plate and the
Clover Leaf railroads were to be merged
through transfer Of stock, circulated
since the o. p. Van Sweringen interests
took over the latter were denied here
to-day by o. P. Van Sweringen. chair
man of the Nickel Plates directorate.
The runiors nave been reported as a
possibility by some railroad men and as
preposterous and unfounded by others
ever since the transfer of the Glover
Leaf took place.
Officials who discuss the possibility
of the merger through stock transfers
point to the fact that the Clover Leaf
owns the Detroit and st. Louis Shore
Line. which assures Nickel Plate traf-
fic direct passage from Toledo to
Ford's plant on the River Rouge. The
Shore Lines trackage terminates at
Delray. Mich. only short distance from
the River Rouge.
The Nickel Plate road, even with the
addition of the Glover Leaf, is without
extensive terminal facilities. Imme-
diately after Van Sweringen had an
nounced that he had taken over the
Clover Leaf road railroad men said that
probably he would purchase the Lack
awawnna and the Lehigh roads to give
the Nickel Plate an outlet from Buffalo
TO the Atlantic seaboard.
The New York herald., 1922-03-16
BIG OVERSUBSCRTPTION
FOR u. S. CERTIFICATES
$500, 900, 900 Total With Only
$3.50, 900 900 Called For.

WASHINGTON, March 15.-Oversub-
scription Of the Treasury's latest offer
ing Of one year ~ per cent. certificates
of Indebtedness dated March Is, was
announced tonight by Secretary Mellon.
Preliminary reports. he said, indicate
total subscriptions OF about 5000. 100000
for the issue. which was for about
$3.50, 100000.
Mr.. Mellon also announced the closing
OF subscription books for the four year
Az per cent. Tresury notes dated to-day,
which were offered only in exchange for
Az per cent. Victory notes.
preliminary reports from the Federal
Reserve banks" he said. indicate that
the total exchanges aggregate about
$500. 100000 and that there had been
Unusually good distribution of the new
notes among investors throughout the
country"
Authority given to Federal Reserve
banks to purchase Az per cent. Victory
notes direct from holders up to an ag-
gregate amount of S100.000,000 was ex-
tended tonight by the Treasury Secre-
tarv until April 10. Purchase OF these
notes up to date, he reported, aggregate
over $4,000, 900 and advance redemptions
OF the 3% per cent. Victory notes called
for redemption on June 10, 1877, total
about $50, 900. 900.
The New York herald., 1922-03-16
GREAT NORTHERN'S
DIVIDEND CHANGED
Market Is Shocked and Stock
Falls on Change to Semi
Annual Payments.

Directors or the Great Northern Rail-
yesterday 10 rearrange the dividend
schedule, making semi-annual instead
O. quarterly payments. The news that
the next disbursement would not be
until August l instead OF May came as
somewhat of shock TO the market for
the company's shares. causing sharp
fall OF points and Carrying along for
~ point drop the shares of the North
ern Pacific. The stock market was dis
turbed all around for a time. but re-
covered later. and Great Northern pre-
ferred ended the days business 21s
points lower than the day before.
The Street read into the directors ac-
ton desire TO postpone decision upon
the dividend for three months with the
hope that earnings would improve in
that period Louis w. Hill. chairman
of the Great Northern. said in a state
ment after the meeting that II was
hoped the regular I per cent basis
would be continued. payment of 81 per
cent. 10 be made on August ], but quail
fled this position by adding that final
consideration of the dividend would not
take place until some time in June.
by that time" he said, conditions
should be more settled and the directors
will be better able to appraise the busi-
ness year OF 1922. The Great North
ern's earnings are always relatively low
and expenses high during the winter
months; also at 50 early a date as
the middle of March. when the May
dividend must be acted upon. agricul-
tural conditions as to the seasons re-
suits are unknown These have been
among the controlling factors in de-
Gliding on the semi-annual basis. 1t is
particularly advantageous this year to
defer action until June"
The Great Northern's last quarterly
payment of 1A per cent. was made
possible through a special disbursement
by the Chicago. Burlington and Quincy
most OF the stock of which is owned
by the Great Northern and Northern
Pacific. Earnings have failed to cover
dividends for many months. In jan
uary there was an operating deficit OF
S259,144. Ralph Budd. president OF the
company. said yesterday that the rise
in prices OF farm products this winter
had made the agricultural outlook much
better in Great Northern territory, while
Government loans had put many farmers
in a good position for this years und err
takings.
Northern Pacific directors are to meet
next week in their customary quarterly
meeting. No forecast was made yester-
day by any OF them about their probable
dividend action.
The New York herald., 1922-03-16
FINANCIAL NOTES.

William T. Cutler. vice-president OF IN.
American Brake Shoe and Foundry Com
pany. has been elected a director Of the
Now York Trust Company 20 succeed his
father. the late Otis IT, Cutler.
The trust department of the Guaranty
Trust Company of New York will hs pre-
pared on Tuesday 70 exchange the outstsnd-
ing development and general mortgage tenn
porary bonds OF the Southern Railway Com
pany's sA per cent. series. due in 1856 for
definiflve bonds with coupons, due on April L,
1922. and subsequently attached.
Tho investment firm OF Ingrahsm Du
Bosque has prepared an analysis Of the
position Of rail bonds, which is published in
Its March bulletin.
George Il. Dixon has sold HIS New York
Cotton Exchange membership 10 w. l.. Uar-
risa for si7 900 or $500 less than the last
previous pricc ~ scat IN the exchange.
The bond house OF Murray a Wickes has
Issued circular describing the relative mar
ket values % the New Haven railroads =
dollar and franc dcbentures, due April T.,
which are 10 he extended. according 70
present plans.
Joscphiha a CO. are offering for dis
trlbuiou 4 circular showing n fifteen year
analysis * twenty prominent rails. includ
ing their property investments, cspitaliza-
ton gross revenues and price ranges Of
thl last live years.
The New York herald., 1922-03-16
CHICAGO BANK CLAIMS LEAD.
Continental Says Showing Is Ex-
ceeded only in New York.

speoial Dispatch 10 THE NEW YoRK HERALn-
CHICAGO, March 15.-Statements OF
bank conditions on March 10 show
changes in Chicago. due 20 increase OF
loans and deposits and absorption of the
two Fort Dearborn banks BY the Con-
tinental and Commercial Bank. The
Continental and Commercial National
Bank shows a remarkable growth. It's
deposits exceeded 1867, 900, while the
combined deposits OF the national anc
trrst savings banks were s444.599.369.
THO total resources for the two banks
were we'll beyond the half billion mark.
Arthur Reynolds. president. said that
this showing placed the Continental and
Commercial National Bank in a posi-
ton OF leadership outside OF New York
city
The New York herald., 1922-03-16
u. S. WILL CIRCULATE
GOLD CERTIFICATES
Issuance Without Demand
Resumed by Treasury.

WASHINGTON, March 15.-Issuance Of
gold certificates. without demand. dis
continued In 1917. was resumed to-day
by the Treasury.
Gold certificates have always been
available on demand. but during the war
silver certificates were issued on ordi-
nary checks. Resumption of the ordi-
nary use OF gold certificates was said by
Treasury officials, TO remove the last
artificial currency situation growing out
OF the war and TO indicate the return to
normal conditions.
The Treasury now holds approximately
SO. 100000 in gold and 1t was said
there was no reason why gold certifi-
Gates should not be freely available.
The New York herald., 1922-03-16
KELSEY WHEEL PROFIT S16.O6.
Amount ON Each share I'm 1921 Is
Only slightly Under 1910 Mark.

The Kelsey Wheel Company. Inc. re-
ports for 1927 net profits of sl.792. .se2
after charges and Federal taxes. equiv
alent. after deduction OF preferred divi-
dends. 70 sl6.os a share earned on tho
100000 common stock. Those fig
ures compare with net profits of $685.
00s. or si7.24 share. in the previous
year.
The company's sales showed a reduc-
ton Of S.7i2.51S. the total being sl7. 49,
80, Other income totaled s151 ,475.
against sf54.oSs IN 1920. The years final
surplus amounts 10 si.s0s. 100. in con-
trast to s1,72i.107 last year.
The New York herald., 1922-03-16
WRIGHT EARNS $2.87 A SHARE.
AeronauticaI Corporation Has Big
Orders on Books,

The annual report of the Wright
Aeronautical Corporation for 1921 shows
net earnings of s597.555 after charges
and taxes. or s267 share earned on
the outstanding capital stock. Net
sales were s2.426. 1856 and expenses $780,
6ss. other income totaled s2o5.076 and
reserves for taxes s66,0o9. The balance
sheet shows current assets OF s1.s42. .169
at the close OF the year. against current
liabilities of s322. $50.
At the beginning of this year the COM
pany had s2.06a.s17 orders on its books
and since that time has received s259. .46S
additional business.
The New York herald., 1922-03-16
DECLINE ny MONTANA POWER.

The Montana Power Company had 20
dip into its surplus for s564.43f to nav
its common stock dividend, according 10
tho 1921 report. After charges depre-
citation and Federal taxes the company
earned s1.563.s94. which on payment OF
preferred stock dividends was equal 20
si.7S share on the s49,633.30o OF com
mon stock. Those earnings compare with
s3.05T.723. or s5.t3 share, earned on
the s46,4o7 500 OF common stock in 1920.
The New York herald., 1922-03-16
FINANCIAL BREVITIES
OUT OF NEWS OF DAY
stock Increase Approved.

The American Stores Company's stock,
holders in a special meeting approved
yesterday the proposed increase IN us
common shares from 10000 to 100000.
The company's report for 1921 shows
gross sales Of ss6,06S.175, against $lo5,-
95e. .3O3 in 1920. After deducting divi-
dends, taxes and other charges, tne
company earned s1.4o6,Ss7 in 1921, IN
contrast to s1,250,191 in 1920
The New York herald., 1922-03-16
Gross Earnings UNCHANGED.

The cities Service Company's gross
earnings OF s1,235.s41 in February were
approximately the same as those OF
January in spite OF the fact that Fcbru-
ary was the shorter month The bal
ance, after providing for all expenses
and interest, was $1.o22,1s3. which after
charging off preferred stock dividends,
left s613.433 for reserves, common stock
and surplus.
The New York herald., 1922-03-16
Increased Liberty Holdings.

The feature of the Magnolia Petroleum
Company's report for 1921 was conver-
sion OF cash and liquidated inventories
into investments. The company's cash
dropped from s6.172,071 in 1920 to s7o1.-
ss3 In 1921. and the inventories were re-
duced sS.of4,s1s. Its holdings OF Liberty
bonds increased from s64.35o to $685.
o56, and its treasury certificates were
expanded from st.o00.000 10 s5,105,0oO
The New York herald., 1922-03-16
Two New ListinRs.

The governors OF the New York Stock
Exchange admitted yesterday to the list
$50. .oOo. 900 OF per cent. cumulative
preferred stock. s50.00o,o00 OF class B
common stock of s25 par value and sio,-
100000 of common stock of $25 par
value OF the r. J. Reynolds Tobacco
Company and s1,15s.000 of first mort
gage 4 per cent. bonds OF the Com
mercial Cable Company.
The New York herald., 1922-03-16
PLAN CAPITAL READJUsTMENr.

CLEVELAND, March 15.-The American
Shipbuilding Company issued to-day a
call for special meeting or its stock
hslders in Jersey City on March 2s to
authorize Its proposed capital readjust-
ment by which its preferred stock will
be converted into common stock. and
the common stock increased from s16,-
0O0. 900 to s15,500,000.
The New York herald., 1922-03-16
COAL PROFITS ARE HALvED.
Consolidation Company Reports
$3.50 n Share Earned.

The report or the Consolidation coal
Company for 1921 shows a surplus OF
s2.23s,594 after charges and Federal
taxes. equal to 1856 share earned on
tho $40,205,44s capital stock outstand-
ing. The figures contrast with a sur
plus of s4,s20,ss4, or s1199 a share, in
1920.
The conrpany's balance sheet shows
cash on hand OF s7.209.4 400, against
sf0.S2s.7s2 n year ago: accounts receiv-
able, s6.639.975. I'm contrast with ss,7o5.-
se6: accounts payable, s696.120, against
s932.142 n year ago: Federal tax re-
serve. s2.S16.s25. compared with s2.3ss.-
03s In 1920. The company's surplus
totals s9s,1i9.s2s. against s97. ,3s1 in
1920.
The New York herald., 1922-03-16
SWISS SUFFER FROM GOLD
Banks in Serious Situation; NJ
More Advances on InEots.

Special Cable TO THE NEW YonK HERALD.
Copyright, 1899, by THE New York HERALD
New York Herald Bureau,
Paris. March Is.
With numerous Swiss banks admit
tedly in a serious situation, the Swiss
National Bank has decided that the
trouble is due to the fact that their cof-
fers are overflowing with gold. for which
there is no outlet in the form of inter-
national commerce or loans. AS a result
the bank has decided no longer to make
advances on gold ingots.
In addition the Swiss mint has an
nounced that 1t Will cease the coinage of
gold brought in until the country's
financial status is better defined and a
solution is found Of the problem in its
gold situation.
The New York herald., 1922-03-16
First Dividend Since 1917.

The Mohawk Valley Company, con-
trolled by the New York Central Rail
road, declared yesterday dividend OF
IL per cent, the first one since 1917.
1t is payable on April to stock OF
record OF March "a. The company paid
a 6 per cent. dividend between 1911 and
1917.
The New York herald., 1922-03-16
DICKINSON TRUST CLOSED.

RICHMOND. Ind. March 15.-Thc Dick
inson Trust Company OF this city was
closed to-day by the order OF Charles
w. Camp. state Bank Commissioner
who issued n statement charging that
Edgar r. Hiatt. its president, had "un-
loaded" approximately s66o.ooo or secur-
tiles. which the examiner termed as
undesirable. on the company without its
directors knowledge.
The New York herald., 1922-03-16
Pacific Mail Changes.

George j. Baldwin, president Of the
Pacific Mail Steamship Company. has
been elected chairman OF it's board and
Gale IT. Carter has been made its presi-
dent TO succeed him. Maurice Bouvier
and N. de Taube have resigned as Iii
rectors OF the company, being sue
ceeded by NJ. c. Brush, senior vice.
president of the American International
Corporation. and Lawrence Shearman.
III. s. Brophy has been elected It's
treasurer to succeed A. g. Bates, re-
signed.
The New York herald., 1922-03-16
silver Mines In New Hands.

GREAT FALLS, Mont. March 15.-An-
nouncement OF the purchase OF the con-
trolling interest in tho Silver Dyke
Mines of the Neihart mining district by
the American Zinc and Lead Refining
Company of Pittsburgh for stf5.000
was made here to-day.
The New York herald., 1922-03-16
Bank I'm Kansas Closed.

ARKANSAS CrTr. Kan. March r6.-The
Traders state Bank OF this city failed
10 open this morning. Its capital and
surplus are $4,000. An examination of
it's condition is being made by the state
Banking Department.
The New York herald., 1922-03-16
Dencit Increases.

The Assets Realization Companys
report for 1921 shows deficit OF VOL
4S1. against one of $56,l64 In lszo. Inc
total deficit Is s1,123,S90. The income
was s2.250, against S7,515 last year.
The New York herald., 1922-03-16
Kennecott Output Gains.

The Kennecott Copper Corporations
production in February was 7,sss.6S0
pounds, its largest monthly output since
December, 1920. in which II was
1o.599.4so. Compared with Its produc-
tion of January, It's February output in
creased 3,136,660 pounds.
The New York herald., 1922-03-16

shows a return of about ~ per cent.
The company pays annual dividends of
s per cent. and its earnings have aver
aged for a long period we'll in excess of
dividend requirements after depreciation.
Its January net earnings showed an i'm
crease OF 1875 per cent. compared with
those of January. 1921.