davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-10-05
BOND NEWS AND NOTES.

There was decidedly upward trend
In prices of all bonds, except Libertys,
yesterday, with speculative railroad is
sues and foreign obligations in the most
favor. The market was moderately ac-
tive. with a turnover OF more than s12,-
0ea00o. and seemed to come again under
the influence of the strength of securi-
ties prices and exchange rates. In the
foreign group French Republic 71ss, De-
partment OF Seine Is and-British bonds
scored gains. The advance in the rail
division was led by Seaboard 6s, St
Iouis-San Francisco income 6s and Mis-
souri,, Kansas and Texas issues. In the
industrial list Sinclair's 71ss and Chile
Copper's rs set the pace.
The New York herald., 1922-10-05
CREx CARPET ELECTION HELD,

Stockholders of the Crex Carpet Com
pany at their annual meeting yesterday
reelected retiring directors with the ex-
ceptlon of Maurice Veuve. James Fl.
Baldwin was added to the directorate.
At a meeting of the directors Myron w.
Robinson. former president. was made
chairman of the board James II. Bald
win former vice. president, was named
president. and other officers were elect
ed as follows: Vice-Presidents. II. Esk
Moller and r. C. Gambee; secretary and
treasurer. William A. Pfeil; assistant
secretary and assistant treasurer. w. p.
Herbert; general manager, George b..
Fawlev
The New York herald., 1922-10-05
virginia Railway and Power.

Stone & Webster are offering $1.250.-
600 Of 5 per cent first mortgage bonds
OF the Virginia Railway and Power Com
pany, due June I. 1896, at 80 and inter-
est, to yield about 5% per cent. The
bonds are legal for savings banks in
Rhode Island, New Hampshire and Ver-
mont. and are a direct obligation of the
company. which serves population of
about 100000. The net income OF the
company during each of the last seven
years amounted to more than twice the
present interest charges.
The New York herald., 1922-10-05
John Thomson Pres. IS.

Mccartney g. Mclean are Offering
$500, 900 of ten year per cent. first ana
retunding mortgage bonds of the John
Thomson Press and Manufacturing Com
pany at par and accrued interest Ac'
companyins each bond are participating
certificates in the proportion of one GER
tificate to each 500 of bonds, when
provide that 2E per cent. of the mel
sales OF a new water meter shall pe
divided pro rata among the holders.
The New York herald., 1922-10-05
Ruma ninp Lonn Plan.

1t Is probable that the United states
will not favor the floating by Rumania
of a contemplated s175,000.0oo loan III
this country unless the foreign Govern
ment makes some arrangement TO pay
back $41,0o0,000 advanced after the
armistice for food supplies. This
y41. 900, 900 debt is considered first
lien on Rumanian assets, not TO be
superseded by other loans.
The New York herald., 1922-10-05
-Four southern Issues.

]. L. Arlitt Is offerir~ $4,000 Of per
cent. corron warrants of fernando
county. Florida. due 1924 to 1912. at
par and interest, and s35.0 of per
cent. coupon notes OF Fort Worth, Tex.
due 1925 to 1927. at 102 and interest.
sSteiner Brothers are offering the un-
sold portion Of the 81 per cent. inn
provement bonds Of the city of Birming-
ham. Ala. at a price to yield 40 per
The New York herald., 1922-10-05

pamphlet for distribution to investors and
dealers. discussion on THE Problem Of
Foreign Exchange" The pamphlet Is ac-
companied by booklet entitled Americas 3
Debt to France"
The meeting OF the board OF directors OF
I,oew's Inc. scheduled for yesterday, was
postponed untr "wednesday. October H.
Edward A. McAllister and William d.
The New York herald., 1922-10-05

Patterson have formed a partnership under
the name OF r. A. McAllister & Co. for
the general practice Of public accounting.
John w. pcddie. formerly vCe-presi-
dent Of the Garfield National Bank, has
become affiliated with $. W. Straus 4 Co.
Edward y. wulbern Is now associated with
the investment security department Of
Sloane. Pcll CO.
The New York herald., 1922-10-05
Duy s2So.OoO school Bonds.

Stacy & Braun and Parkinson Burr
jointly have purchased from the CITY
Treasurer of Somervlle, Mass. $25o,o0o
of per cent. school bonds. dated Octo-
ber 2. 1922, and due 1928 to 1912. at
1OO.569
The New York herald., 1922-10-05
FINANCIAL NOTES.

Walter Dreyfus and +. Vernon Foster,
both members of the New York stock Ex-
change, have formed copartnership 10
carry on n floor commission business under
the firm name OF Dreyfus Foster. with
offices at Nassau street.
II. J. Lisman & Co. have prepared a
The New York herald., 1922-10-05
Average Bond Prices
wednesday. October 4

cent. - per cent. school bonds of the
city OF Fairfield, Ala. at price TO yield
about $40 per cent. and per cent.
sewer bonds Of the city of Gadsden- Ala,
at a price TO yield about 5.07 per cent.
The New York herald., 1922-10-05

$7,5OOOOO
American Gas and Electric Company
Six Per Cent. Gold Debenure Bonds
Amei lean
Interest apyabeNd yadNo lin New
@
ywmta ouya az
EEAy INTRUSION %
eteoM Mr. President the Company y,w % "a
cantn.oh
j.
s7sooo Gold DsentIe Bonds now offered
nc OF
= s @ & RfSs sps es 4ss s an 4@ss s;#s
"'"e: an the Bon IS
outstanding
adardns a the yea ended
Ektn times the hanuahNHes
completion o this hh6nncng mcudH heeGd DbenueB
Gold Bonds
edsnekan
poa ans ns s tn @ % %
addition
Controls 6 5 M
a6aIag thn American Gas
"s"'"Gss1 @ % @ @ @ I ~
heabW.C DdB
urro~ dpdg
Price and dintere to yield 5000
Bonbrieht Company Electric Bond and Share Company
The New York herald., 1922-10-05
WEDNESDAY. OCTOBER A, 10
RANGE OF LIBERTY BONDS.

.................. S12lO9,000
................. 3,261S0000 2420114,000
The New York herald., 1922-10-05
Brazil %
Canada rs .
New York City Bal
ttf fnu- -.

l.s w. N
New York City
Is 1853
iS.......100ls
The New York herald., 1922-10-05
BONDS IN STOCK EXCHANGE

1920.
$16,364.000
2,329,591,000
The New York herald., 1922-10-05
Chicago q NV
gen Is 1887

2....... sA1l
Chicago Rwys
1st 5s 1927
5...... SlA
1,...... siA
.ChI u L q Isac
The Mt. Sterling advocate., 1922-02-16

'stantly with hates distilled from the
misdeeds of railway promoters in
the past, from the conflicts between
the railways and the farmers, be-
tween the railways and their work
men. From all the confusion that
arises from it we destroy our rail-
ways and destroy ourselves.
With this commission on one hand
assuring honesty in finance, justice
to the shipper and the railway inves-
tor with the Railway Labor Board
assuring justice to workers and,
above all with a great spirit of pub
lie service in our generation of rail-
way managers, it is time to call off
the witches and take some vision
of our national situation if we are
to pull ourselves out of this depres-
The Mt. Sterling advocate., 1922-02-16
MAILS NOW AUTHORIZED
FOR PLANT IMPORTATION

Decision to allow the use of the
mails in the Importation of plants
and seeds under special permits,
Regulation IA, Quarantine 81, has
been reached by the Federal Horti-
cultural Board of the United States
Department of Agriculture. Here
tofore importations of plants for
propagation, except field, vegetable,
and flower seeds, and importations
made by the department, were per-
mitted only by express or freight.
Importations made under special
permit necessarily are addressed to
the board either at Washington, d.
c., or at the Ferry Building, San
Francisco, CAL, and pass through
the inspection offices of the board at
these points, where they are inspect
cd and safeguarded by the agents
Of the board. In view of this, it was
The Mt. Sterling advocate., 1922-02-16
BETTER SPENT AT HOME
THAN SPENT ABROAD

The Secretary of Commerce, Her
bert Hoover, testifying before the
Interstate Commerce Commission on
the need of upbuilding Americas
railroad facilities, said in part:
II seems TO me vital that the rail-
ways as our greatest industy should
propose a courageous program of
broad visioned betterments and if
necessar y the government should
consider giving the use of lbs super
ior credit. II would not cost the
taxpayer a cent to give the govern
ment guarantee to equipment trusts
upon the primary responsibility of
the railways, the proceeds to be de-
voted entirely to improvements and
equipment,
This is no proposal to take money
from the taxpayer. It is a proposal
to save him from paying treble the
amount of his guarantee in profit
eering and losses.
II will render a reduction Of rates
earlier. for unless something is done
the improvements will have to be
paid over years out of increased
rates. Nor would we lose cent
upon the guarantee, for if Ameri-
can railways can not earn interest
upon their borrowings let us throw
up our hands and prepare for a sec
ond Russia.
A real program of construction
would in its various ramifcations
give relief to five or six thousand
of our unemployed. 1t would enable
even added numbers to increase
their standard of living, and thus
give increased market to the produce
of our farmers. Our farmers who
look to foreign markets for their
surplus should stop to consider that
our home consumption of meat de-
creased nearly seven pounds per
capita in 1921, mostly owing to un-
employment and that if this de-
crease could be overcome it would
be worth more than 35 per cent in
crease in exports.
We talk glibly of giving billions of
credits to foreign countries, to in
crease our farm exports. | wish to
say with all responsibility for the
statement, that billion dollars
spent upon American railways will
give more employment to our people,
more advance to cur industry, more
assistance to our farmers, than
twice that sum expended outside the
frontiers of the United States-and
there will be greater security for
the investor.
/ want to refer to the veritable
witches cauldron being fed con-
The Mt. Sterling advocate., 1922-02-16
BUSINESS IMPROVING

Business has laid aside its finer
raiment and is now wearing its old,
plain, everyday working clothes,
which are more serviceable and just
about as comfortable.
Quite frequently in the past we
have stated that business is gradu-
ally regaining its health, and that
Improvement is steady, though slow.
In reiterating the assertion, we ac-
knowledge that it is still necessary
however, that a measuring stick
with some pretty fine marks is re-
quired to determine the improvement
in some directions.
The road over which business had
to travel in 1921 was not a. smooth
one. Many of the difficulties have
been carried over into the present
year, but recently industry is show
ing tendency to cease brooding
over the past and in finding more
courage in considering the present
and the future with the purpose of
moving ahead. The outlook for 1922
is one Of hopefulness for a slow
but genuine recovery until the place
is reached that we like TO call nor
NAL.
The eve of the alert public is dis
covering those industries that have
been adjusted TO meet present CON
ditions, and, as this same kind Of
feeling is developed in respect to
all business, the time of the read
justment period win be shortened.
Foreign trade as a safety valve
for production is absolutely essen
tial for future prosperity, and with
ont minimizing the Importance of
foreign trade as affecting the indus
trial and financial well-being in this
country, there are plenty Of oppor-
tunities for business and finance in
caring for the needs Of the 100000
900 people in this country. Instead,
therefore, of assuming that the de-
velopments here must wait for de-
velopments elsewhere, business men
are finding a response, however fee
BILE, TO their efforts toward reviving
domestic trade.
World business is closely compet-
tive, and to engage in il win require
business organizations keyed to
compete.
Business men intending TO en-
gage in foreign trade find in their
efforts 10 stimulate domestic. trade
that they are in reality fitting their
organizations TO handle foreign
trade in their respective lines.-
Monthly Business Review.
The Mt. Sterling advocate., 1922-02-16
OIL YIELD AT PEAK;
SHALE IS RELIANCE

Petroleum production in the Unit
ed States has reached it's peak and
will probably begin to decline with
in three years, DIR. Ralph Mckee,
professor of chemical engineering at
Columbia University, declared in an
address at Buffalo, N. Y.
There is no likelihood Of the dis
covery of new petroleum fields in
this country, asserted DIR. Mckee,
But, he declared, rich shale deposits,
as yet practically untouched, are
capable of supplying the nations pc
troleum needs for hundreds of
years.
He predicted the extraction of oil
The Mt. Sterling advocate., 1922-02-16
HONEY PHILOSOPHY FOR Is22

If we lived in a garden of flowers
and spent our time trying to make
the rose bushes grow nothing but
thorns, encouraging the bugs to eat
up everything in sight till the place
was like a weed bed everybody
would think we were crazy, wouldn't
they9 But we don't do that. We
try to forget the thorns. We spray
and turn up the ground, and We fer
tilize the shivering little weak fell
lows that look sickly till we have
something fine and strong and sweet
to look at and enjoy. How is it we
don't do this in the garden Of hfeH
Why don't we forget all about the
thorns in the cranks and good for
nothings and cultivate the glory of
God that's in every one of them?
What a fine world we would have if
we only treated humans like we do
potatoesl
For Printing, see The Advocate.
The Mt. Sterling advocate., 1922-02-16
TAKE B. L. AND X. r.

the wonderful blood, liver and kid
ney remedy. Should be kept in ev-
cry home A quick and safe rem
edy for constipation, Indigestion, bill
iousness, impurities of blood, rheu-
matism, liver and kidney troubles.
It's a laxative. For sale by W. M.
Bly,, Winchester, Ky. (1-t-t-3-D
The Mt. Sterling advocate., 1922-02-16

believed to be safe and desirable to
extend the privilege of importation
through the mails to such ship
ments.
Permission for using the mails in
this way will hereafter be authoriz-
ed on request, when warranted by
the nature and amount of the pro-
posed shipment. The importer viii
be obliged to provide merely for
customs clearance either in Wash
ington or San Francisco, in addi-
ton to obtaining the permission of
the board.
AS heretofore, the use of the
mails is not authorized for the com
mercial or other Importation under
ordinary permits of plants and seeds
provided for in Regulations 3 and
Is of the quarantine.
way to Mandalay. He knows the
road, having read Kipling's descrip-
The Mt. Sterling advocate., 1922-02-16

from shale would become one of the
greatest industries in this country.
The Mt. Sterling advocate., 1922-02-16

way to Mandalay. He knows the
road, having read Kipling's descrip-
ton of it.
Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-07-14
sAvIDGE HAS BIG JOB

Land Commissioner C.. V. Saw
idge's refusal to run for any political
office that involves giving up the
work he was elected to do calls at
tention to the fact that, though the
public little understands it. the posi-
ton of land commissioner might cas-
lily be regarded as the most import
ant in the state.
The land commissioner controls
Washinetons land heritage that is
conservatively estimated now to be
worth not less than $250,000.000 and
which ultimately will bring several
times that much revenue TO the state
If properly managed.
Only Is per cent OF the common
school grant has been sold thus far
yet it has brought in $16,430,133
and there is due the fund $1,S30,766
in deferred payments. On the basis
of prices that have prevailed during
the past 30 years the common school
grant alone would bring in at least
100000, 600. However the most
valuable acreage is still left and the
prices have advanced sharply, so land
and timber experts figure the COM
mon school grant right now is worth
two or three times that estimate.
In addition to the common school
grant, there are normal school, agri-
cultural college. charitable, elee-
mosynary, penal and reformatory in
stitutions, scientific school and uni
versity land grants in the aggregate
nearly one-fifth as much as the COM
mon school properties. On March
81, when the last tabulation was
made, there remained unsold 2.730,-
0S1 acres in all land grants belong
ing to the state. In addition, Wash
ington will recover more than 400
900 acres of land now held in forest
reserves.
The future value of these hold
ings taxes the imagination to trans
late into dollars and cents, for the
state leases land, sells timber sep
arate from the land. deals in min
eral, gas and oil leases, disposes of
its land outright and is preparing to
reforest its logged-off land holdings
A full appreciation of the fact that
he has a mans size job on his hands
and an obligation to the state to
look after it, impels Commissioner
Savidge to remain in his present posi-
ton.
Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-07-14

VIM. verran Jr, Wapato Independ-
emit
Mrs Alice II. Dyke. Zillah Mirror.
II. c. Freeman, Bridgeport Republi-
" l. Cave, Cashmere Valley Rec
c. e. Goodsell. Chelan News.
II. y. Lynn, Coulee Dispatch.
Mrs. Clara E. Wright, Mansfield
News.
Mr. and Mrs 0. H. Woody. Okla
hogan Independent
Mr. and Mrs. f. A. DeVos, Omak
Chronicle.
Frank VI. Dallam, Oroville Gazette
Mr.. and Mrs J NJ Stoddard. Water
vile Empire-Press.
Rufus Woods, Wenatchee World.
Sibley Bros, Wilson Creek World.
W. Z. Brinkerhoff, Winthrop Jour
nal
Mr.. and Mrs. W. H. Murray, With
row Banner.
r. H. Maus, Weuatchee Sun.
Il. W. Hopp, Camas Post
J. 5. Bath. Goldendale Sentinel.
O. II. limbaugh, Kelso Kelsonian.
H. }. Campbell, Vancouver Column
bian
Z. NJ. Armstrong, Washougal Rec
ord
Royce II. Mitchell. Woodland News
NJ. +. Miley, Western Newspaper
Union, Portland.
II. /. Bras, Centralia Chronicle.
Clarence Ellington. Chehalis Bee
Nugget.
Y. II. Honeywell, Nezperce Enter
prise
c. S Beall, Raymond Herald.
r. NJ. COnnOr. South Bend Pilot.
NJ. E. Melroy Mergenthaler Limo
type Co., Portland.
T. }. Cullen, Centralia.
Frank Jacobs, Elma Chronicle.
K. A LeRoux, Hoquiam American.
Dan Cloud, Montesano Vidette.
6. c. Angle, Shelton Journal.
Robt Montgomery, Puyallup Tri-
bune.
c. e. Andrews, Sumner News-Index
e. +. Brown. Auburn Globe-Repub-
lican.
II. d. Mathews, Bremerton News
Searchlight.
NJ. A. BoydOn, Issaquah Press.
}. p. Parker, Renton Bulletin.
NJ. f. Brown. Seattle Journal Of
Commerce.
II. w. Mason, Rainier Valley Times.
Seattle.
LAY Thomas, Washington State
Weekly, Seattle.
X. +. Kunkler, Winslow Beacon.
X. V. Cloud, Edmonds Tribune-Re-
view.
Thomas Dobbs, Snohomish Tribune
Hf. and Mrs. Dewitt c. Owen.
Marysville Globe.
Eric n. Johnson, Monroe Monitor.
}. NJ Post, Anacortes American.
r |. Setrit, Bellingham Herald.
l.. X. Flowers, Burlington Journal
sherman Mitchell, Ferndale Record.
;. II. Lewis, Lynden Tribune.
Frank S Evans, Sedro WooIlev
Courier-Times.
Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-07-14
STANDARDIZATION

The average man understands the
value Of saving, because if he sets
aside part Of his personal income
ne is sure to derive a direct benefit
His interest in saving on a national
scale through a reduction in fire
waste and through the elimination OF
varieties and styles in production is
small, because the benefits to be de-
rived are less direct, although in the
long run they are perhaps more de-
siraole than the immediate benefits
ne derives from the investment of
personal capital. Under our system.
the accumulation of capital is auto
matte; even II the number of indi-
Viduals who save should be small the
Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-07-14

aggregate savings under fair stand
ards of living would perhaps equal
the savings that would be accumu-
lated by larger number of savers.
National habits of saving are never
theless to be preferred if for no other
reason than that they tend to pre-
vent extravaganza in an age and time
N which extravaganza would result
in the retardation of progress.
Popular consent to waste elimina-
ton through Standardization is essen
tial, however, and it is just as neces-
sary that the average man be made
to understand the advantages of elm
mating waste in this way as it is that
he have the habit of saving. Object
ors to standardization usually appeal
to the prejudices of the average man;
he is told, for example, that under
the women would all
wear hats Of the same design and
coloring, that all clothing would be
cut to a uniform pattern and that in
a short time we should all be living
a routine existence, moving about in
regimented masses and to the best of
time clocks The term standardized
ton, as it is applied in practice, has
no such significance as that; in prac-
tice its significance is largely what
the world les-dimensional.
the threads conform to a fixed stand
ardization-and it is the engineer
who is the principal advocate of the
thing called standardization
thinking of a pipe or a bolt on which
the threads conform to a fiXt stand
ard thus eliminating the necessity
for carrying large stocks of pipes
and bolts whose only difference is in
the width or direction of the thread.
The manufacturer of mattresses is
an advocate of standardization in
bed sizes, because the limitation of
beds to standard sizes allows him to
reduce the number of sizes he must
carry in his stock of mattresses. The
same principle runs through all in
dustry, and such simple and neces-
sary standardization as here out
lined, if generally followed, would,
perhaps. annually release as much
capital for employment in other
fields as goes into the savings banks
each Exchange.
Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-07-14
HURRY

Hurry is a chronic American dis
ease, an evil habit that has fastened
itself, cancer-like, on our life, and
has sent its roots deep down into our
yitals
Hurry is not speed 1t is not en-
ergy. 1t is not the opposite of sloth-
fulness. 1t is not a means by which
great ends are accomplished.
A study of the men of affairs. who
have made, or are making. history,
will demonstrate that hurry is not
characteristic of the man who is
doing things worth while
There are exceptions, of course,
but almost invariably the man of af-
fairs is deliberate. He accomplishes
much, but he does it calmly. measur-
eddy, and according to schedule.
His schedule is so planned, per
haps. that every moment of the
working day is assigned, but there is
sufficient time for each task when
its time comes He does not hurry.
The hurrying man is one who. with
immature plans, is trying to keep up
with a poorly arranged schedule,
and is always a little behind
Hurry, because it involves lost mo-
ton, makes for inefficiency.
Some men imagine that hurry is
virtue, that their feverish activ-
tiles help to keep them in the lime
light.
Such activities may impress some
persons, but not those who read be-
low the surface.
Among the most reprehensible of
the hurry tribe are those TO whom
traffic rules are anathema. and who
are willing to take long chances to
save 10 minutes in a trip 20 or from
town
II is this class that furnishes the
daily menu of automobile casualties
Perhaps the most effectua1 punish
ment for this type of individual
would be to give the traffic officers
authority to order every speeding car
to the side of the road. and there
paddock it for half an hour. or more,
according to the gravity of the Of
tense.
Another class Is the hurrier who.
however, Injuries only himself, orders
and eats his meals with rush.
One chef is quoted as saying that
the curse of American cooking is the
injunction, Rush this order. please. "
Neither good preparation of food nor
good digestion goes with such an
order.
Whoever is living a hurried life is
living poorly planned. disordered.
nervous, inefficient life. and is
meanwhile rushing the undertaken.
Dearborn Independent.