davidaulloa/AmericanStories huggingface dataset:
The Julesburg grit-advocate., 1922-12-21
POSTMASTER URGES CON
VERSION OF SAVINGS STAMPS

1T is hoped that every person who
can do so Will exchange. War Saw
ings Stamps, soon to fall due. for
Treasury Savings Certificates" said
Postmaster S. H. Carlson. The
large amount of money invested and
the great number OF persons who pur-
chased war savings stamps showed
that the people of this country could
save money when the necessity arose.
Now, if they will take the money they
saved when they bought stamps 10
aid the government in the prosecu-
ton Of the war and buy Treasury
savings certificates. they will demon
strate that the thrift lessons OF the
war have not been without effect.
The holders Of war savings stamps
have seen investments of about $1,000
grow to $500 in five years, and
larger amounts in the same proper
ton. They can see the same thing
repeated if they reinvest in Teasury
savings certificates. Interest accu-
mulates at the rate of per cent each
year, compounded semi-annually.
These savings certificates are exempt
from the normal Federal income tax,
and from all State and local taxation
(except estate and inheritance tax
esl. and may be held to the amount
OF $4,000. maturity value, for each is
The Julesburg grit-advocate., 1922-12-21
GREAT WESTERN SUGAR
WINS NATIONAL HONOR

Using Great Western sugar, the
Colorado teams in the national can
ming contsS. he'd during the In-erna-
rionsl S.o-c. Snow a: Chicago last
wee. Won first and second honors
oo-h teams being selected 20 go 70
Europe for three months, with al
expenses paid
The contest was held under the
auspices 0: the National Committee
on BOYS and Girls Club Work. head
ed b. former L. S. Secretary OF Ag-
ricaltgre E 7. Meredith
Beulah Rodgers and Katherine
Dolibaugh. OF Eddyvilie, Iowa. and
Elaine Hendricks and Bertha BJser,
Of Burlington, Colo, comprised The
Two winning clubs. Eacn pair had
earned the right 10 exhibit in Chicago
by defeating teams Of ocne. states in
interstate contests held this Fall
Their victory a. tie Stock ShoE
gained for these young girls national
supremacy. defeating as they did re-
presentatives Of every region n the
United States.
The winners use Of the sugar made
oy the Great Western Sugar Com
pany was a demonstration OF the
merit of beet sugar for all home
canning purposes. The clubs al the
national contest were called upon 10
put up vegetables, meats and fruits.
They explained every step of their
work, the Colorado girls emphasizing
the equivalent merit of beet sugar
with any the world produces.
The Julesburg grit-advocate., 1922-12-21

ably agitate the male heart Proof OF
this is found in the rapid change that
takes place in school teaching FOR
ces. Constantly the superintendent
are having TO find new ones, since
these girls disappear 50 fast INFO the
state of matrirlony. These girls do
not commonly marry the fashion
plates Of the smart set, but they
know enough to pick solid and sub
stant.al men. Many school teachers
may say this is an overdrawn picture,
as they lead quiet, hard working
lives in places where they are not
known and have few friends. There
are many Of this type also. But
whatever their temperament they are
doing some of the finest work OF the
community in wnich they live, and
they are entitled to every honor and
social recognition that can be be-
slowed upon them.
The Julesburg grit-advocate., 1922-12-21
GOyERNOR-ELECT SWEET
OF lTLINES HIS POLICIES

Cooperative marketing, ware-hous-
ing and farm credits were three mea-
sures Of relief for the present econ
omic plight Of the farmer advoca,-
ed by Governor-elect William E.
Sweet in an address 70 the Farmers
Congress at Fort Collins, December
l3tG. The governor-elect said: Il
believe tne people of the state. regard
less of economic conditions, are eager
to find ways through which pressing
agricultural problems may be met
Inis condition is not confined to Colo
rado. The national Congress is con-
sidering relief for the same problems
which We are discussing. Now am
not going to pin my faith to the leg
stature, but l am going to pin my
Iaith TO human beings. | am not go
ing 10 pin it to the Republican party
or 10 the Democratic party, but to
men of good will
This declaration was made in re-
ference 10 his attitude toward the
majority not Of his own political faith
Il want to keep my patience he
continued, "and keep my mind open
but what l am determined to do un-
der any circumstances is to go for
ward. That is the one thing 1 must
ask of every man who has any solu.
ton to offer for our agricultural ills
Governor-Elect Sweet invited the
farmers to come to Denver January
10 to 13, to attend meetings at which
marketing will be discussed. Aaron
Shapiro, of California, is to be the
principal speaker. Governor-eleci
sweet found his farmer audience sym.
pathetic and warm hearted. His
statements were frequently interrupt
ed by applause.
The Julesburg grit-advocate., 1922-12-21
AMERICAN LEGION POST
o75-BIG SPRINGS. NEBR

Post PTS at Big Springs will have
installation of Officers at the club
rooms Thursday evening, December
2lst. We want every member and
ex-service man out to this meeting.
The entertainment committee will
furnish smokes and card games will
be in order. Let US all be on hand
fellows and show the new officers
that we are with them. Much can be
done to brighten the long winter ev-
enines if we will get together and
carry on"
Bring along a prospective member
and let US all sign up for twelve
month hitch"
The Julesburg grit-advocate., 1922-12-21
PRETTY TEACHERS

Where is the Julesburg man or wo-
man who cannot remember the time
when school teachers of the fair sex
were seldom considered good looking,
and who were always looked upon as
old ma;dish and bookisn? 1t used to
Be the case in vast majority of cas-
es that this held good. But it's diff
ferent now. For now the modern
school teacher has developed into a
young woman whose charms consider
The Julesburg grit-advocate., 1922-12-21
RED CROSS NURSES SCHEDULE
SEDGWICK COUNTY

Monday and MISUNDERSTANDING
Schools.
Tuesday-Ovid School
Thursday-Sedgwick School.
Friday-Rural Schools.
Saturday-9:O0 to 2:O0-Consulta-
ton, Girls Dormitory at Sedgwick
County High School building in Jules
burg. #
The Julesburg grit-advocate., 1922-12-21

sue. by every member of family.
They are backed by the credit of the
United States government. and af-
rord an easy and sure method of saw
ing"
The New York herald., 1922-04-25
GENERAL ASPHALT co.
IN 1927 LOST $74O, ,942
Pamphlet Report Reduces Es-
tinated Figures.

The General Asphalt Company's pam
phlet report for 1921 shows a loss OF
$740,942 after depreciation. interest,
Federal taxes. &C., in contrast to an
estimated loss of $S99.0O0 which ap-
peared in its preliminary statement is
sued in March. The company reported
net profits OF s1.465,3S9 or. after pay
ment of preferred dividends 1851 a
share earned on the S19.6SS,S50 of its
outstanding common stock in 1920. Its
total income was s666,S13. in contrast to
s2,923.220 in the preceding year
Arthur w. Sewall, president OF the
company, said in the report Since
January / conditions have improved,
prices for grain. cattle and other agri-
cultural products have had substan-
tial advance and general industrial
betterment is evident, which IL contin-
ued throughout the year should make
for a considerable increase in the vol
ume of sales of the company's products.
Though there is large prospective de-
mand for building construction, espe-
cially houses, in which such products
are used, and notwithstanding prices of
all building materials have been reduced
almost to cost of production it is not
believed any great Improvement will
have been made until there has been
furthe. liquidation in direct and indi-
rect labor for building construction and
a further reduction in freight rates"
The New York herald., 1922-04-25
MACHINERY CONCERNS
TO BE AMALGAMATED
Seven Companies to Be Under
One Management.

Negotiations for a consolidation of
seven machinery and tool manufacture
ing companies virtually have been COM
pleted. The companies to be merged
arc the Belts Machinery Company OF
Rochester. the Colburn Machine Tooi
company OF Cleveland, the Newton Tool
Works of Philadelphia, the Modern
Grinder Manufacturing Company of
Erie, the Carlton Machine Tool Com
pany and the Lodge and Shipley Ma
chine Tool Company of Cincinnati, and
the Hilles Jones Company of Will
mington.
The merger Is in line with the move
Of many industries in the direction of
consultations ASA means of economy
In operating costs through the formation
~ complete producing and manufacture
Ing units. 1t is expected that the terms
~ the consolidation will be announced
IN a few days.
Announcement of the resignation of G..
X Lassiter as vice-presdent of the
American Locomotive Company yester-
day was accompanied by rumors that
he would head new organization of
consolidated machinery companies,
which could not be confirmed.
The New York herald., 1922-04-25
FINANCIAL NOTES.

James 7. Bush. vice-president OF the
Equitable Trust Company OF New York. VIII
sail for Europe to-day on the Maurc,anla 10
visit England and France In tho company :
lnterests.
Arthur Upper . Co. 20 New street mem
bers OF the New York Stock Exchange, have
issued an analysis Of the Durant Motor
Company OF Indiana, Inc.
The Fast Brooklyn Savings Bank has
moved 10 its new building, Bedford and De
I<alb avenues, Brooklyn.
Charles #. Loughmnu, formerly OF salo-
mon Brothers NutKier, Il with the railroad
department OF Sloane. Bell CO,
4. w. Alien and sa w CLARK have
Joined the sales organic Sd of Harvey Fisk
e Sons
The Fensiand on Company and tho CUR
OF Corporation have completed n Well iu the
Curry pool IL Texas flowing at the rate 81
COO harrcis.a day
Parrish 4 On. members Of the <ew Yof,
stock Exchange, have moved % - Broad.
way.
THE Corporation Trust Company hAs
been appointed tre.a.fel az rs OK tno Cycle
motor Corporations stock.
The New York herald., 1922-04-25
POSITION OF
KIRBY PETROLEUM co.
President Sees No Reason for
Break in Stock.

Jonn II. Kirby. president of the Kirby
Petroleum Company has sent to it's
stockholders circular setting forth the
company's position and declaring there
is nothing in its situation to warrant the
recent bad break in its stock.
we have earned in the quarter ended
March 81" he said, 1886, 900. out OF
which We have declared dividend. pay
able April rs, of 25 cents share and
carried the balance. amounting to
S279.000, to surplus"
The reduction in daily production
figures, he added, should not be dis
turbing and he declared that presen.
drilling operations should more than re-
store the loss. Because OF rule OF
the New York Curb Market Association
1t was necessary to change the COM
panys dividend dates. The association
requires seven days notice Of the declar-
alton of dividend, consequently the
company's dividend has been made pay
able May to stock of record on April
Of
The New York herald., 1922-04-25
ELEVATOR BUSINESS GAINS.
April to BE Otis Company's Best
Month in Long Time, Says Head.

Since the beginning of this year the
Otis Elevator Company's business has
gained substantially, according to a
statement OF its president, w. d. Bald
win. in the company's annual meeting
yesterday. April, he continued, would
be its best month for several months.
but he was unable to say whether or not
the Improvement would be permanent or
just squirt.
Business carried over from 1921 was
considerably less than that of the year
previous. but everything seemed to justi-
fy the belief that 1922 will be very
fair year, he said.. and added that the
company's financial position was strong.
as it had $7,060,00 to sS.000,000 in
actual cash, or its equivalent, in con-
trast to small current liabilities, which
placed it in position to take care of
large volume of business without credit.
The New York herald., 1922-04-25
N. Y. RESERVE BANK
REPORTS FOR YEAR
Advances $50, O,769, 100000 and
Counts 687, 100000 Pieces
Of Money.

The local Reserve Bank discounted
or advanced on bills to the amount OF
s3o.7ss, 600, 900 and paid out, redeemed
and received currency requiring count
Ing of sS7.0oo,0O0 pieces in the last
year. Those enormous transactions
were shown yesterday in its annual
pamphlet report. The chief items of
interest contained in the report have.
been published in preliminary state
ment. which showed for the year net
income of $26,093,S32 in contrast to
s53.12S,130 in the preceding year. The
following table gives the salient features
Of the income account for the two years:
1921 1920
The New York herald., 1922-04-25
LEONARD OIL STOCK OFFERED.

An offering of 100000 shares Of the
Leonard OIL Development Company's
$25 par capital stock is being offered
for 81 a share to provide funds for
immediate development of its proper
ties. The company was Incorporated
In Delaware to acquire the capital
stock of the Leonard Exploration Com
pany and subsidiary companies, for
which the authorized capitalization Of
100000 shares has been issued. The
property owned in fee. under lease or
through Government concession. is 15.-
265, 900 acres. of which 2,110,000 are in
Colombia and 13.155.000 in Ecuador.
The New York herald., 1922-04-25
DE LA HUERTA SEES OIL MEN.
Mexican Secretary Says Meeting
Preliminary to Conference.

MEXICO CITY, April 24.-SecretGry of
the Treasury de la Huerta, following a
conference with President Obregon, re-
ceived Walter c.. Teagle, president of
the Standard Oil Company of New Jer-
sey: ]. w. Van Dyke. president of the
Atlantic Refining Company; Edw ard L.
Doheny, president Of the Mexican Petro-
ieum Company E. c. Lufllin, presidenl
of the Texas Company, and II. r. Sin
clair, president of the Sinclair Consoli-
dated Oil Company.
The Secretary after the meetins said
II was merely preliminary to later con-
ferences.
The New York herald., 1922-04-25

'"rhe result of the year In credit and
business" the report points out, par
ticularly as seen from the point OF view
of this Reserve district. was. an immense
strengthening of the credit reservoir
partly through natural liquidation and
partly through the huge inflow of gold J;
demonstration of the ability of the
bank to take up the slack in credit at
least as long as the slack could be used
in extinguishing Indebtedness to it;
steadiness in credit conditions and
lowering of interest rates, which not
only stimulated the investment demand
for bonds but tendency to stock specu-
lation as well; a great increase in the
amount and variety of foreign loans
placed in the United States; a progress
sive fall in exports to an amount more
nearly in balance with the volume of
imports: lower prices for many manu-
featured products and higher prices for
many raw materials, tending to correct
the 1920 price maladjustments; manu-
featuring and merchandising carried on
under difficulties, and in many cases at
a loss or with greatly decreased earn
ings; unemployment, heavy and wide
spread, but tending to be less severe
toward the end of the year and taken
care OF without great distress by local
agencies; considerable though not gen.
cral reductions of wages some reduction
in the cost OF living, and generally a
year OF dull business, with operating
expenses being heavily cut down, un-
sound elements reduced or eliminated
and many readjustments and reorgan-
iZations effected by cooperation without
the wholesale failures and receiverships
which in former years would have fol-
lowed such disorganization as the 1920
fall In commodity prices produced"
The New York herald., 1922-04-25
WIRELESS BANKING AT SEA.

An innovation IN banking methods on
transatlantic ships Is the arrangements
made by the Farmers Loan and Trust
Company with the London Joint City
and Midland Bank. Ltd. whereby wire-
less payments may be made nj any time
90 passengers or the Cunard liners
Mauretania. AQuitania and Berengarla.
Through the branch banks on board
those steamers passengers may order
payments TO persons in this country
through the Farmers Loan and Trust
Company.
The New York herald., 1922-04-25

Prichitt & Co. have purchased
block Of the newly organized Dubilier
Condenser and Radio Company's no par
common stock. Application has been
made to list the issue in the New York
Curb, in which trading in the issue will
begin to-day.
The New York herald., 1922-04-25
sst.4o7 Loss ny VIRGINIA rRoS.

a net loss or sst,40 after interest,
taxes &C. is reportd for the frst quar-
ter Of 1929 by tho Virginia Iron. Cost
and Coke Company. as contrasted with
deficit of S7l SOS in the preceding
quarter and q net income of Si1i.35e.
~ S41i i share, earned on the sl0-
100000 Of IT, capital stock IN the drst
three months of 1921 Its gross earn
ines FOR the first three months 90 tnis
ocnf wrfc tdr e2o "a contrast to $685.
1ss in the corresponding period ot 1924.
The New York herald., 1922-04-25
WILL NOT REVIEW APPEAL.

WASHINGTON, April 24.-The capitall-
zation OF the Pacific Oil Company by
stockholders Of the Southern Pacific
Company 70 take over 25e.oOo acres 81
oil lands owned by tho Southern Pacific
and the Associated OF companies. at
tackled BY Clarence ~. Nenner, stock
holder IN the Southern Pacific, IN an
appeal. viii not b. reviewed by the
supreme Court, II was announced to-
day.
The New York herald., 1922-04-25
GAIN FoR BRooKLYN CITY.

The Brooklyn City Railroad Com
pany's income statement for March,
1922; March, 1921, and nine months
ended March 81, 1922, and March 81,
1921, were announced yesterday by II.
Hobart Porter. its vice-president. Its
net corporate income figures for March,
1921, include the strike period
The New York herald., 1922-04-25
CUSTOM IoUsr rrcrIrrs.

Receipts for duties at the Custom tioupe
Yesterday were $40. 0T2 I'll. ~ whieh gtSs
1iS a. was for merchandise wfst,ura sNu from
bonoyd marsnoutus ana s5ti..-o.eJ fyf &.
cent importatlons.
The New York herald., 1922-04-25
balance, s62, 800, 600: Federal Reserve credit
balances, S55, 900 900.
SILVER MARKET

Official bar silver IN New York, domestic,
a9ssc.. unchanged; foreign. Gsac., up ic..
London. 34Ad.. UP ssd Mexican dollars.
J2isc., UP &c.
Range OF silver prices this year:
Highest Lowest.
London ..... 3DTkd.. April 10 3ohd.. Feb Is
New York;. roc. April 10 62Ac.. Feb rs
The New York herald., 1922-04-25
PENNSYLVANIA OIL

OIL CITY. April 2g.-Credit balances, 81. .25.
Runs. 10T.si6. average, 52.iI7. Shipments.
Go,0j3 average, 1880
The New York herald., 1922-04-25
FOREIGN MARKETS.

LONDON. April 2i--Gnt edge securities
were active and irregular on tho. stock Ia
change to-day Trading Was quiet and
prices were steady in other sections Quota
tions follow
bar silver. $3.50. an ounce.
Bar gold o3s. %.
Money ii5 per cent
Discount rates; short and three months
bills, 2is029 per cent.
~ per cent. Cnnsols. CO.
British per cent. war loan, fOiN
British ~ pcr cent. war loan, 06M
De Beers 10s..
Rand mines, pa.
The New York herald., 1922-04-25

These . d delivery @ a 1 sy ytr
Bay @
The New York herald., 1922-04-25

Empire Gas and Fuel Company (Delaware) and its
subsidiaries hereafter referred to the Company is
of the largest producers of high grade enabfe crude
oil in this country and also and operates very
important natural gas system. The oil properties
located in what is commonly called the dContnent
field in Kansas, Oklahoma and Texas, which is the
most important oil producing district in the United
States. The Company is well established and it's bust
ness combines the four essentials which constitute
complete unit in the oil industry, namely production
transportation refining and marketing. An exhaustive
study of the Companys business and physical proper
ties has recently been made by independent engineers
who have rendered very complete report The Com
panys reserves of oil and gas lands among the
largest under any single management in this country.
The natural gas properties may be released from the
lien of the Trust Indenture conditions as stated
in detail in the Presidents letter.
These bonds in the opinion of counsel will be secured
(subect existing and future pledges of oil in storage
by first mortgage on part OF the properties and
upon retirement Of 500 underlying bonds due
1926 and 1927 mortgages closed), by first mortgage
all the properties owned or hereafter acquired by
the parent Company Except for purchase money and
existing liens property hereafter acqured) and by
first lien upon all of the stocks of the subsidiaries owned
by the Company.
Independent engineers have recently determined the
replacement cost of the Companys physical prop
critics alone in of 100000 The reproduc
The New York herald., 1922-04-25
UNITED STATES TREASURY STATEMENT

Dispatch The
ureau
D. q. 4
The New York herald., 1922-04-25
MONEY MARKET.

MONDAY. APRIL "a.
Renewals ........ 3iS Last .............. 4
High ............4 Years high ........ 0
Low ............ 3M Years low ........ 8
TIME LOANS.
Mixed collateral, go 10 10 days....... AZ
Mixed collateral, 4 70 months .... AZ
Industrials 60 TO 90 days. "a 6f4ta
Industrials. 4 TO o months. hs.........44 D4i4
COMMERCIAL PAPER.
Best names. 4 TO 0 months. AZ
Other names, TO q months. ......... AZ
DISCOUNT RATE, RESERVE BANK.
Commercial paper. "1J days, AZ: 90 to 90
days, 4is Liberty bonds and Victory notes,
i5 days Az: 10 10 90 days. AZ; bankers
acceptances. 10 10 90 days, AZ.
sFixed November 2. Previous rate, B,
fixed September 81
OPEN MARKET RATES.
Call loans and acceptauces. es.............4.. 3
Discount rates on primo bankers accept
ances eligible for purchase by Federal RE-
serve banks
Bid Ask Bid Ask
10 days. .... 3A ~ no day. .. 3ss 3K
10 days..... aN VA f20 days. .... aas 81
CLEARING House STATEMENT.
Clearing HousA exchanges, sSss,ioo,ooo
The New York herald., 1922-04-25


The sHfto anna annn gund Series"
l.
or p
Company
on ion
The New York herald., 1922-04-25

ton cost of the natural gas properties included in
the foregoing guress approximately SIS 900 which
property may be released from under the Trust linden
ture therein described There will be total Of
500 of bonds outstanding including the present
issue.
The Trust Indenture will contain provisions restrict
ing the issuance of additional bonds.
Earnings for the year ended November &c. 1921 after
deducting all taxes, So 100000 of extraordinary main
and ST 100000 for inventory adjustment
(as certified by Messrs- Warwick, Mitchell g. Coz
directly applicable to bond interest were S6,34l
6o087 and for the four years ended November 3O 1921
the earnings directly applicable to bond interest
$72 1922 annual average for that period of
$18027, 5o803. The annual interest all bonds out
standing upon completion of present financing requires
$4,106 010.
During the four years ended November 30, 1921 the
Company has distributed to it's stock less than
S6,000,000 in cash compared with the above
toned earnings for that period of S72, 3o2.12.
Based on the Company's balance sheet, the conso-
assets before deductng bonded debt upon
pleton of this financing will amount to 024 and
assets $27 53 072 compared with current
Liabilities of only $4837,414.
All of the Common Stock Except Directors Qualifying
shares of Empire Gas and Fuel Company is owned by
Cities Service Company which has over 38 600 stock
holders and 1000 holders of it's Bankers Shares
The New York herald., 1922-04-25

PARIS. April 2f-'rradlne WAS quiet on the
Boursc 70 day. Quotations follow:
The New York herald., 1922-04-25

J.. &c W.SeH
Cassatt & Co.
WA Hartman Co. Ladenbug
Central Trust Company of Illinois Union Trust Company
Anglo London Paris Company
San Francisco
The New York herald., 1922-04-25

Revenus recaIpts ana espenaItures a
The New York herald., 1922-04-25
NEW RADIO ISSUE IN CURB.

'Deflcit.
The New York herald., 1922-04-25
$4O,OOO,OOO
Empire Gas and Fuel Company
New Issue

Authorized Series "A", $50,OOO,00O
Dated May /, 1922