davidaulloa/AmericanStories huggingface dataset:
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01
KNOXVILLE

This community was shocked on
hearing of the sudden death of Mrs.
Kate Glenn on Sunday morning at
the home of her son in Meigsville
township.
George Stegner has sold his farm
near here to a West Virginia party.
and Mr.. Stegner will move to the
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01

May 28, in the afternoon. Ten
ladies were present. A very pleas
ant afternoon was spent.
Mrs Elizabeth McLain, Mrs. Mar
gurette Clark and Mr.. Tim McLain
spent Sunday afternoon with Mr.
and Mrs. G. w. Clark
Ernestine Lefever has been visit
ing her grandparents for the past
week
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01
For Those No Longer Young

Don't mistake weak or disorder
ed kidneys for approaching old age.
rheumatism, backache, headache,
sore muscles, stiff joints, come
when kidneys get out of order and
fail properly to filter The blood
Foley Kidney Pills tone up the kid
neys, and stop sleep disturbing
bladder trouble. Sold Everywhere.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01

the Unionville Sunday school If YOU
want to attend the big picnic, to be
given about the first of August.
None will be eligible to attend the
picnic unless enrolled in the Sunday
school. The interest is increasing.
Be sure to attend next Sunday and
bring some one with you.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01
RISHOPVILLE

Evangelistic services at Bishop
Vile each evening this week. Rev.
Murch is state evangelist and an
able speaker. We are having good
crowds, but still there is room for
you. Come. The song service is
being directed by Rev. Harry Will
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01
RICk Rim

Clarence Richardson and family
of the east side visited over SUNDAY
at Isaac Shilling's.
John Day, blacksmith of Morgan,
vile, had three sheep that sheared
53A pounds of wool. Who could
beat it?
VIM. Brown has a new car.
Mrs. Laura Campbell of Zanes-
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1922-06-01

son.
Decoration at Bishopville ceme-
terry was held Tuesday, May 80, by
the Glouster GAR, assisted by the
American Legion and Daughters of
Veterans.
The Country club was entertained
by Mrs. D. E. Carr, at GlouSter
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
BANDITS RELEASE BROTHER
SANTA FE MAN As PARTY
HURRIED TO RESCUE HIN

I'll Faso. Texas. Jan. Ill. y.
style. OF ibis city, prin,ira owner O.
i. mine 1t Santa lIUlia, Chihuahua'
yesterday received news OF the res
cue CT his bro her, y. c. Slyls, from
Mexican bandits. who had captured
kim last Thursday and demanded
$40 500 for his release. S.yle was
taken 10 camp four miles away and
a Letter was written to his brother
here Demanding tin: ransom. Tho
otter was at once wired Chihuahua
Officials requesting thai the amour
lie paid.
Gov. lnriqUez of Chihuahua and tn
mayer CT Santa EulCia gent tn
money and signal lights ~ ordered
by the bandits. Tw MY o'hcr so dierS
in automobiles followed le nforccd By
y dot.hment of mounted men. As III"
first car approached the rendezvous
he bandits caught sight OF the SUP
porting soldiers and fled leaving
Styles alcne in the camp. He was in
their custody is hours.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
THE BEST YET
30 DaY Offer

New Colonial house, just finished.
east front. I rooms, bath. garage. ctr.
elegant fixtures On College Ave. one
block from Southern College grounds.
Price $4,000. Terms.
Two lots on Johnson Ave. One
block from Southern College grounds.
Price, $500 each.
one lot DiNieland, on paved street
Cue block from College grounds,
price $1,O0G.90.
Fine 1O.acro six year old grove in
Lakeland Highlands. Half orange and
grapefruit. Good crop OF fruit. Fin
location. Beautiful lake Yiew. For
Il days, %7.j0D.61; 51,G00.00 cash, bal
aIcr~in one and two years.
WILLIAMS INVESTMENT CO.
Suite 2o2 Grarc Bldg. Phone 783
:. Dale Williams, {. H. William y
Pres. Treas.
Walter Il. Williams, J. c. Williams,
Y. Pres. Atty.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
SPECIAL VALUES

Groom modern bungalow, just of
Lake Morton, paved street; the best
house in the city for $780, 4-room
bungalow, south side, we'll furnished,
for $1,000, liberal terms. Groom cot
tage overlooking lake for $4,000 Dixie
land lots at S275 up. 10 acres choice
garden and tangerine land, 4 miles
out on Dixie Highway, $3.50 takes 1t
IL sold this week.
Don't fail TO see our complete bar
gain list before buying.
ORANGE BELT REALTY co.
Established 1906. State Bank Annex
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
. Q. st.oooWoHTH G. co.

ntNE lilo
L. 2"r.", ; Of which IS in bearing
-ta.o. = mi:c from station and
ar:"d read, undo" fence and in fine
.'ivn.. Balance Of land good truck
n,@d. Price $2.500, Sood terms.
~ d.EcS. 10 Of which is in baariu"
crave IN fine shaHe, III hard road
- aiie OF station, all u:Gcr fence,
balance ci land par,ly cleared
},a.,h is sUod citrus LAID. Pm,
$@.c+A.3l, ca good ,orin8.
- q, rps with coed nome. two o:in"
iou' rv..H houses, IN paved ROAD. /
dcT-5 n grove. > acres n straw l1:-
rie.i - acres in timber. with -
aires IN cultivation. a bargain at
SllGJH.1n, on good terms.
- a,rca, . acres cleared. r"rA
Eo1.a. ilIr milos from town. Prize
- .GGr.I0.
Mliiy small ;rru.S Win groves. truck
lsnd, barry land, with or without
hoses, at l"!ccS and on terms 70
W9Cl your every demand
Il il j. Real GStatc You want 60 buy
or sell. M matter where located.
large CT small, it viii pay you to
sec ".
}. 0. GLOoDWoRvH g. CO.,
Th2ro CO... Foom I, Dickson Bldg.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
SUBURBAN PROPERTIES

SmelI fruit and poultry farm. FIG
?"rc, -four Gears old. Near iran per
tation ard asphalt road. 1 room hol,
newly pa:d:cd. Deep well. y real bug
$2,G25.00.
GROVES-Thrc2 grove barGaina-
s4,@0a. sG,50a and $6,S10. Terms t.
January buyers.
11Ia acres truck and chick far
Cleared and fenced. House and barn
New road Just being opened 10 CO..
1a"t with paved road. y b1r%l
$139C00
Combination fruit and general farm
49, acres Of wonderful soil q ..
\ orange grove. Highly deveL".
'e:.i0n. Lake front Small house with
;craerCd pofches, $i500.00
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
FoLEYs HAS NEVER FAILED

January is a bad month for iniluen-
"a, la grippe and bronchial troubles.
It is unwise to neglect the slightest
cough or cold. Foley's Honey and
Tar gives prompt relief, gets right at
the trouble, covers raw inilamed sur.
faces with healing coating, clears
the air passages, eases stuffy breath
ing and permits sound, refreshing
health-building sleep. Mrs. F. a. Glib
son, 1547 College Ave, Racine, Wis,
writes: ''Foley's has never failed in
giving immediate relief and am new
er without it," For sale at Henley's
Drug Store.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
APARTMENT HOUSES
AND HOTELS

room apartment house, aparr
.nents. Coed all year round income.
Large lot 1p0X200. Flowers and shrubs.
Price and terms to Interested parties.
90 room family hotel. Splendid close
in location. Completely furnished.
Lot 1Sexf22. y money maker the yea.
.aund. Investigate.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
JANUARY'S BEST VALUES IN
REAL ESTATE
CITY HOMES And LOTS

L.nc from. property. 100 feet front
aae. South side. Small house. Spl2A-
Gid Future possibilities. Investigate.
C..h price %3.0o0.00. . 49,.
New Eurealow-t rooms and bath.
2vTeen"d porch, lot 50X200, hearine
fruit tr"e4. paved street. See THIS.
l'rira ~.th terms. S3,6je.t0.
t'utU:.hc! bungrloW Five rooms
c-.an,r:eiy furnished. High grade far
uishin"*. Paved street. Splendid
y".uc. l'y,cc with terms, $6.SG0.Go.
Lot ;'rcm $4j0.oU up, according to
location. Some good values around
5000.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
LOOK!
SEE w. w. HODGE
HEAD AcHEo End BODY AcHEp

There are various symptoms of Kid
ney trOuble-rheumatic pains, back
ache, sore muscles, stiff joints, and
always tired" feeling. Mrs. Geo.
Morgan, &. Fairfield, VT. writes: My
head ached and my whole body arhed
So could not sleep. Foley K!dne?
Pills gave me relief" They heal and
strengthen weak, disordered Kidneys
ard bladder and help them in thc:y
work of filtering the blood and cast
ing out of the system the impurities
that cause pain and disease. ProEp
in action. For sale by IIenIey's Drur
Store.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
Q. n. HARNLY
Auctioneer and Real Estate
SPECIAL NOTICE

AS the authorized Lakeland repre-
sentative of Mammoth Grove at Lake
Wales, which is advertised elsewhere
in this paper, we will be glad to take
any interested parties TO Mammoth
Grove and show you this wonderful
development and investment Oppor-
tunity.
.. 10 or more acres on Il 5-year easy
payment plan. y fine bearing grove
i'll years on the famous Ridge"
Let US show you Mammoth Grove.
Office 212 s. Tennessee Ave.
Office Phone SOB. Residence 496 Blue
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
Legal Notices
NOTICE TO ALL PROPERTY OWNERS IN
THE CITY OF LAKELAND, FLORIDA

The City Commission has instructed NE 20
begin immediate suit on ell Ce.nqueaJ paving
and all delinquent taxes. All papers pccpdra-
tory TO beginning suit are nOw being prepared
This is final notice. Please give the natter
your immediate attention
In case am not in the office wl,-n you call
Mr. Carver or Mrs Faison will figure taxes
for YOU. !. H. PETERSON,
No. $40. City Attorney.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
SO ACRES

~ acres in grove, mostly fine bear
ing oranges, balance splendid citrus
and truck land with good six-room
house, half mile to good school, three
miles to one of best towns in this
county.
Will take Lakeland property in
part payment, balance easy pay
ments.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
TAYLoR'S TIPS

80 acres citrus land on Kathleen
paved road, s acres in full bearing
orange and grapefruit trees. y beauti-
full grove, two story nine room cot
tage with barn. garage and large lot
on the farm, all for $4,000. some
tcrms. Also SO acres fine farm land
adjoining for $4.OO0.O0.
Brand new 6 room bungalow on
large lot with citrus fruit trees on it
for $4.5O0.00.
BEAUTIFUL NEW BUNGALOW, cor
ner two paved streets, close in, G
rooms and bath, $i.500.G0.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
FO3 EXCHANGE

\ daniY It;lc Gte-a"rc home aud
.rIyc near Lake Hollinssworth, but
act on it. Want a nice little home in
city.
20 acr;5 Of laRd, l. acres grove and
lcu5o to trade for cit" property
!i,r~'5 bargain. n2e"U income
irapat,", pHyu& eyer $130.oQ Il month,
20 c->AaA;," a.: other good properly.
NJ. C. WARING
Residence Phone 32o Green
Business Phone 249
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
J. L. SKIPPER
Phones 100 and sos Blue
WANT PLAsTERER-e12 E. Orange.
NIGHT SCHOOL

NIGHT SCHOOL-Telegraph, Short
hand, typewriting, bookkeeping, in
fact, all commercial branches
taught day and evening, at the Flor
ida Commercial Institute, 304
South New York avenue. Quit
wasting your time. Don't put it off.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16

DYE T n AT Id SU IT
We have special facilities for dyciDg
garments of all kinds. any colCr de
sired. Why not give us a trial and
save yourself real dollars?
AMERICAN DRY CLEANING co.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
FOR SALE

20 acres II acres orange trees, t.
10 years old; acres grapefruit )
year old; 3 acres good truck lane
planted to garden and strawberries.
One Broom house with bath.
Horses, COW, chickens and farm i'm
plement8 On asphalt road. 4 miles
from Lakeland Can make bargain
price with terms.
s. lots in Dixieland together cheap
Groom bungalow just completed, j.
fully equipped with electric light fix
lures; garage; on principal street
south side. 100000, terms.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
HsthsrlngtOn. Noteworthy. Real Estate. Phone 80
FOR SALE BY OWNER

Nicely furnished house, three bed
rooms, garage, large corner lot, on
paved streets, nice fruit trees. The
price is right. Call AGA Black.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16

Bungalow, five rooms and bath.
South side, $i,2OU.0O.
IL acre truck farm. Cleared and
fenced. House, barns, etc. Nh for
$1,300.U0.
CT. BLAND
Phone 727. Room !, Telegram Bldg.
! PROFESSIONAL CARDS /
w. S. IRWIN, D. D. S.
Special Attention Given to the
SURGICAL REMOVAL OF TEETH
And the Cleaning up OF all Diseased
PROPHYLAXIS
Also Sanitary Removal BridgeWork
DR.. e. L. CLINE
Work Limited to
EVE, EAT, NOSE AND TIL SCAT
once Dyches Building
Residence 1900 South Boulevard
Office Fhcne 2o4; Residence, 700
SAMUEL r. SMITH, NJ. D.
Practice Limited to
C.5CGsc5 and Surgery Of the
EVE, EAR, NOSE AND THROAT
Leon and Bryant building
!i:NNh,3: Residence, %; Office III
LAKELAND, FLA.
W. u. GORDON, V. S.
Wilson Ggoo.' Gtablcs. Phone Z
TREATMENT HORSES, MULES,
CATTLE, DOGS
Calls Answered Day or Night
". "A. GoEER
Alto GNEY AT LAW
i2.i7 Bryant Building
~. f. G7oOVE7, Nj. D.
;@t2fIal Medicine and Special Attep-
ten Given to
Ch-t.cics and Diseases Of Women
"GNN hNNEX. PRONE Geo
M. E. r. LETTERS
X-3hY c. CLINICAL LABORATORY
Special Attention to
DISEASES OF THE STOMACH
Oranc Building
Phones: Office, - Residence. 5l6
pR. c. c. WILSON
Practice Limited to
ELECTRIC THERArY
once Docn q Bryant Buldin"
Rooms :, g, &c. Lakeland, Fla.
ALsE5T ScHWABER
PIANO EXPERT
We Tune for the Most Particular
People
(Phone) Residence ia Hancock
Street
T. HART CETZEN
Lawyer
Rooms ! and ., Heron Bldg.
D1. SARAH f. WHEELER
Ostcopath
MUM Annex, South Of First National
Bank
Lakeland, Fla.
DIT. c. 3. HUTCHINSON
Dentist
Rooms 107 and t0S Dycheo Gdo
E'hone SIS
Dir. CLARK 2. WEEKC
DENTIST
Rooms 11G-i0t Dychca Building
Telephone 3G4
Pyorrhea Successfully Treated
MRS. @. G. WILLIAMS
cHIROPODlST
Corns and Bunions Relieved
TELEPHONE 633
W. D. TAYLOR
cONTHACTOR AND BUILDER
Plans ana Estimates Furnished
on All Glasses of Work
Room /, Dickson Bldg. Phone iG2
Lakeland. Florida
7. I. YEAGER
Business Agent Union Carpenters
Headquarters over Famous Depart
meat Store. Room 6.
Phone $50
When in Need of CarpcGtcrs, call
Business Agent 8. "a
DR.. B. H. MAYNARD Il
III specialized in Rectal Diseases--hGmor.
II hOids tnios) Tissues, Ulsers. Fistuls.
Prurilis dtehing Piios), and other Rectal
III Dse7sos except Cancer. No operations.
Ky. B'6g Lakeland, Fla. Phone 247
Il y
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
c. 7. BLAND

Phone 727. Room !, Telegram Bldg.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-01-16
A FEW CHOICE FURNISHED
APARTMENTS TO RENT
c. 7. BLAND

Room a, Telegram Building
Telephones, 727 and 1853 Black
The New York herald., 1922-12-21
CITIES SERVICE NET
HIGHER DURING YEAR
Earnings 2.4O Times AboOe
Preferred Dividends.

The report of the Cities Service Com
pany for the twelve months ended Mo-
vember 80 last showed net to common
stock and reserves of ss,900,074. equiva-
lent to s14.S2, compared with s6,594. ISL.
or s1444, last year. Gross earnings
were s14,564.74a. against s14.094,s14.
and expenses $439.514, against $546.239
Earnings were 2.40 times above pre-
ferred dividends. compared with 2.36 in
1921.
The public utility division during Mo-
vember made gains in gross and net
compared with the preceding month
The oil division reported completion of
twelve oil wells with total initial pro-
duction of 6.360 barrels. The marketing
division reported increased sales. The
report says: mot only have sales
direct to the consumers shown the effect
Of increased activities, but our re-
fneries have far exceeded their sales of
a year ago and ssould finish 1922 with
approximately IS per cent. increase in
sales overa,he year 1921"
The New York herald., 1922-12-21
LONGER TERM FARM
CREDITS PERMITTED
Acceptances of Six Months
! Eligible for RediscOunt
at Reserve Banks.

WASHINGTON. December 20.-Bankers
acceptances of six months maturity
drawn by growers OF staple agricultural
sociations. are eligible for purchase or
rediscount by the Federal Reserve banks
under a ruling promulgated today. by
the Federal Reserve Board as a step In
the direction of longer term credits for
agriculture.
Officials declared the decision. which
makes the agricultural paper eligible for
rediscount for six months instead or
three, 'should be of material assistance
TO cooperative marketing associations
in financing the orderly marketing of
crops
The ruling requires that the accept
ances be secured by warehouse re-
ce,pts covering the products against
which the acceptances are drawn. 1t Is
in line with a policy announced some
time ago by the Board. which made
eligible for rediscount acceptances
drawn to finance domestic storage OF
commodities pending tn ir marketing.
Agricultural paper of this character
Is placed by the ruling on parity
with acceptances drawn against exports
and imports. which have been extended
from three 10 six months.
Officials explained that the six months.
Limitation was as far as the BOARD
could go under existing law. Various
bills are pending in Congress, however
to make acceptances with much longer
maturity eligible for rediscount by the
reserve banks.
The New York herald., 1922-12-21
STEEL PRICES GO UP;
MILLS STILL ACTIVE
Quotations Higher for First
Time in Thirteen Weeks.

Activity in the steel industry con-
tinues, according to the current issue or
tho Iron Age, which reports that the
slowing down commonly looked for In
the last third of the month will be less
than in any other year since 1917. :"
Winter weather has as yet brought only
few comriaints from steel plants on
account of car shortage. Chicago Is still
leading In Indications of high rate of
operation for the next few months. The
automobile Industry continues To be an
important factor In current business.
with 60 locomotives and nearly 5000
cars closed Il has been another good
week In railroad buying" the report
adds "Over $4,000 is the total of car
purchases so far this year. Nearly
1000 cars and 130 locomotives have
Been added to the pending lists. which
represents about 100000 tons Of steel.
The International and Great Northern Is
in the market for 900 tons OF rails.
which are expected to be placed in the
South.'f
The iron Trade Revie,o says:
General strength Is due In large part
TO the heavy accumulation Of orders for
future delivery, a considerable part OF
which has been acquired In recent weeks.
This tonnage is well spread through the
first quarter OF 1928 and 1t presents
tar PROBABILITY tDdl int IluuSlIy Will
be enabled to maintain Its present
operations of so to SIS per cent through
that period.
ITO insure material for spring re-
newal and upleep Western roads
already are specifying freely for large
quantities Of track accessories Recap
itulation of recent pig iron selling shows
the total in the first two weeks Of De-
cember was well over the previous esti-
mate of 100000 tons. British exports
of pig iron and ferromanganese to the
United States In November were $4,000
tons. bringing total imports of British
pig iron By American consumers to
about $4,000 tons In the last eleven
months.
"The IRON Trade Revieto's composite
of fourteen iron and steel products for
the first time in thirteen weeks shows
an advance instead of a oeclIne. The
average Is $40.54. against s4e.23 last
week and s44.26 the last week in Sep
tember. which was the years peak
The New York herald., 1922-12-21
SINCLAIR co. TO BUY
SALT CREEK CRUDE OIL
Secretary Fall Completes
Deal in Wyoming.

WASHINGTON, Dec. 2e--Acceptance of
bid of the Sinclair Crude Oil Purchas-
ing Company for purchase OF all royalty
oil accruing TO the Government In the
next five years from the Salt Creek field
In Wyoming was announced to-day by
Secretary Fall of the Department of the
Interior
This transaction, he said, marks the
completion Of his program To place Salt
Creek crude oil on n price parity with
similar oils from the midcontinent field.
and will bring the Government seventy
to ninety cents more a barrel for this
royalty than was received under q con-
tract with the Shipping Board.
4, The price range In the midcontinent
field is from s1.40 70 $3.50 a barrel. and
at the present rate OF production the
Government receives 5000 barrels OF
royalty oil daily from the Salt Creek
field.
This oil will be sold at midcontinent
prices to the Sinclair company and the
Groceeds divided, as provided by law,
52,a pen cent. going to the reclamation
service. 37h per cent. to the state OF
Wyoming and 10 per cent. TO the United
States Treasury.
The New York herald., 1922-12-21
$3,215,OOO IN GOLD
ARRIVES ON OLYMPIC
Goes to Morgan Firm and
Kuhn, Loeb & Co.

The White Star liner Olympic brought
S3,215.0OO gold, Of which $2.630. 600 was
consigned to J. p. Morgan Co., pre-
sumably for the account OF the British
Government, and the balance was sent
ito Kuhn. Loeb & Co.
The S. s. Caronia of the Cunard Line
which sailed from Liverpool Saturday.
is bringing seyenty-three boxes Of gold
valued at approximately S2.50o,00 The
consignees have not been announced, but
It is believed the gold will go either to
J. 2. Morgan & Co. or Kuhn, Loeb & c..
The Royal Maid steamship brought
twenty-six boxes of gold, valued at
5000, 900, consigned to Kuhn, Loeb Co
and previously reported.
The New York herald., 1922-12-21
FINANCIAL NOTES.

Tho American Exchange National Bank
has been appointed trustee of sd50.ooO 6 per
cent. convertible ten year mortgage bonds OF
the South Carolina Gas aud Electric Com
pany.
The white Eagle on and Refining Com
peny for November reports net income. be-
fore deducting depreciation, depletiou and
Federal income taxes. OF $500, $50, compared
Of 1921.
The Guaranty Trust Company announces
that on and after to-day Missouri Pacific
Railroad Company first and refurding mort
gage q per cent. b. Yds, series y, due Feb
ruary I, 1oia IN deflnitve form, with coupons
due February 4, 1923. and subsequent at
tached will be delivered In exchange for
temporary certificates.
The Chase National Bank has been ap-
pointed fiscal agent for an issue OF si20 900,
principal amount Arroyo. Porto Rico. Inn
provcment 5M per cent. bonds.
Hamilton a. ON 4 Co. have issued 70
The New York herald., 1922-12-21
YOUNGSTOWN SHEET
TOBUY BRIER HILL
Directors of Latter Company
Recommend Purchase by
Big Independent.

YOUNGSTOWN. Ohio. Dec. 20.--Di-
rectors Of the Brier Hill Steel Company
at meeting to-day decided to recon-
mend to, stockho ders the purchase of
the conpany's properties by the Youngs-
town Sheet and Tube Company. proba-
bility OF which was announced yester-
day by James 4. Campbell. president of
the latter concern.
The combination is to be effected by
the exchange of one share of Sheet and
Tube common stock for four shares of
Brier Hill common stock. The $1,000
600 Of Brier Hill preferred stock either
will be retired at los or traded for
Sheet and Tube preferred stock. share
for share.
Evidence Of the appropriation of A.
nincial and investment interests in con
nection with the proposed purchase of
the 'Brier Hill Steel Company by the
Youngstown Sheet and Tube Company
was shown to-day in the enhanced
prices of the stock Of both companies in
local dealings. Sheet & Tube stock sold
at 73 yesterday before the announce
ment by James A. Campbell. its presi-
dent. that-the merger was likely to be
consummated. To-day no stock could
be obtained under H. Brier Hill. which
sold at 131a few days ago, now can
not be obtained at 49,
The higher levels are said to be n
reflection of the general opinion in steel
circles here that the earning power of
the combined properties will be con-
siderably increased by the broadening
of facilities and the economy of over
head expense.
The enlarged Sheet and Tube pronerty
will be the largest independent company
in the country with the exception of
the Bethlehem Steel Corporation. 1t
will have a pig iron capacity of 1.35o.000
tons annually and steel production of
1900. 900 tons. with facilities for maxi
ing practically a full line Of finished
steel products.
The book value of the combination
will be approximately $1S0,000, 900.