davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-02-04
TOPICS TOMORROW
In CITY'S CHURCHES
Police Commissioner Enright
to Speak at Services ON
the Heights.

Bishop Manning will preach at the
morning service at IL o'clock at the
Cathedral of ST. John the Divine At
the afternoon service at o'clock the
preacher will be the Rev. DR.. William
e. Gardner, executive secretary Of the
department OF religious education and
honorary vicar Of the cathedral.
Church news OF TIE week included the
announcement that the Church of the
Divine Paternity has called a woman
assistant pastor. the Rev. Helene Ull-
rich. B. A. Miss Ullrich comes from
Canton. =. ". and her special charge at
the Divine Paternity will be the pas
torate of the children's church. which
holds its sessions every Sunday morning
at IL.
Police Commissioner Enright will
speak on THE Church and the Police
Department" at Chelsea Methodist Epis-
copal Church. 17sth street, west of
Broadway. tomorrow night at o'clock.
The Rev. Christian F. Reisner. the pas
tor will follow with a sermon on Crime
Waves" The police glee club will sing.
Commissioner Enright spoke to the
Methodist preachers some time ago and
obtained their heartiest sympathy by
his address. This will be the first Of a
series of special Sunday evening SER
vices in the enlarged auditorium. At IL
o'clock DR.. Reisner will speak on de-
spondency Cured"
Special Music mt st. Johns.
Musical services will be held in the
- TAl-x LSx,a. 1tof
Waverley place and West Eleventh
street. at o'clock tomorrow evening.
Barnby's King Of Glory" Gounod's
"By Babylon's Wave" and Alitsen's
'"The Lord Is My Light" will be sung.
At Calvary Episcopal Church, Fourth
avenue and Twenty-first street. the rec
tor will be the preacher at the services
tomorrow. The choir. under John
Bland. will sing special music.
Services will be held tomorrow at the
Broadway Presbyterian Church at II
A. Nj. and p. M. The pastor, the
Rev. DR.. Walter Duncan Buchanan. is
expected to preach at both services.
There will be interesting music under
the direction Of Chilion Roselle. organist
and choirmaster
At the Fourth Presbyterian Church.
West End avenue and Ninety-first
street, the pastor, DR.. Edgar Whitaker
Work. will occupy the pulpit morning
and evening. Communion will be cele-
brated at the morning service.
Gypsy Smith, Jr., to Preach.
The Gypsy Smith. Jr.. meetings at the
West End Presbyterian Church have
been we'll attended, and this minister
will preach at both services tomorrow.
At the West Side Unitarian Church.
meeting temporarily at Earl Hall,
Broadway and 117th street. the minis
ter, the Rev. Charles Francis Potter,
will preach tomorrow at IL o'clock on
"Are the Ten Commandments an Ade-
quate Code for To-day? This Is the
first of a series on ''Creeds and Codes"
an examination of the morality, ethics
and present religious value Of the Ten
Commandments, the Lords Prayer. the
Beatitudes and the Apostles Greed.
At the Lafayette Avenue Presbyterian
Church, Brooklyn, the minister, the
Rev. DR.. Charles Carroll Albertson. will
preach at IL A. NJ. on "The Parable Of
Human Hearts," and at 7:45 p. M. on
The New York herald., 1922-02-04
WILLIAMS MEN LAUNCH
DRIVE FOR 81, 500, 900
Alumni to Start Campaign for
Endowment Fund.

Arthur H. Masten announced last
night at the annual dinner of the New
York alumni Of Williams College that a
committee of alumni had been formed
to raise si,5Oo,0Oe for the college. The
campaign will start soon. The fund is
to be known as the williams War Me-
mortal Endowment Fund in honor OF
the forty-four Williams men who died
in the war.
One million dollars Of the fund is to
be used for an endowment, the income
from which will be devoted to increas-
100000 will be ustd for the construction
of college field gymnasium.
Mr.. Masten Is chairman of an alumni
committee having the organization OF
the campaign in charge. Other mem
bers are Max B. Berking, f. Dfmon
Bird. Marvin A. Chapman. George l..
CuIlinan, Charles M. Davenport, Her.
bert l.. Gutterson and Charles ID.
Makepeace-
DR.. Harry A. Garfield. president OF
williams, who has just returned from
Europe. said that application for MEM
bership in this years Institute of Poll
tics is up to the goal which had been
set.
1t was also announced that a move
ment is to be started for memorial in
honor of the late Col. Charles W..
Whittlesey of the Lost Battalion.
Other speakers were DR.. James r.
Angel, president Of Yale; Prof Asa H.
Norton of Williams. DR.. Lewis Perry,
head master of Phillips Exeter Acad-
emy. and DR.. Alfred e. Stearns. head
master of Phillips Andover Academy.
DR.. Angel paid high compliment to
the type of men turned out by Williams.
and set forth what he conceived to be
the modern educational aim as fol-
lows:
''It seems to me the am is to produce
a cultivated type of citizenship. based
upon sound, brave, courageous charac-
ter, trained with intelligence and
equipped with the best physique possi-
BILE, combining ourselves not so much to
the training of specialists, but giving
the broadcast and most humanitarian
outlook that we can to the men who
come to our hands that they may go
out into this complex. modern world
alive to the possibilities which lie before
the civilization of our time. eager and
ready to bring to it vision and courage
with energy to meet these nav and
peculiar tasks which suddenly have
been precipitated upon lis."
The New York herald., 1922-02-04
RICHMOND GETS WATER.

Staten Islands water supply, cut off
Thursday when thirty-six inch main
from Brooklyn sprang leak, was nor
NAL yesterday, except in a few of the
higher parts of the island. The water
is being drawn from the Silver Lake
reservoir and five city wells on the
island.
900, 900 gallons and 100000 gallons a
day additional will be supplied by the
wells. Staten Island normally consumes
20,000,0 900 gallons of water daily. The
Catskill main probably will be repaired
in two weeks.
The New York herald., 1922-02-04

7. c. Loder. former member of the
Dutch Supreme Court. He will hold the
Office for three years. DR.. Loder is an
eminent authority on maritime law. The
formal public opening Of the court will
take place on February Is.
The proposal by John Bassett Moore.
United States, that the court adopt
gowns as the official garb. was carried
The New York herald., 1922-02-04

by the chairman casting his vote against
those of Prof. Aitamira and four others,
who argued that the wearing of gowns
was not in accord with the democratic
be imbued.
1t developed during the session to-day
that the court is not without little riffs.
arising mainly from Emergencies in the
Anglo-Saxon and Latin viewpoints. In
dication of this was given in the cleo
The New York herald., 1922-02-04

tion of A. X. f. Hammarskjold Of
Sweden as recorder. three OF the LaHn
members voting against him. On the
proposal of the Spanish member. Prof.
Rafael Altamira. the Latin m mbcrs
voted for Prof Alexandra Alvarez OF
Chile. Prof. Altamira took the stand
that twenty nations had acknowledged
the Iberian system of law with which he
contended the new recorder ought to be
familiar.
The New York herald., 1922-02-04
CandIcmas Celebration.

Candlemas day and the Feast OF the
Purifcation, one of the most important
on the Episcopal Church calendar. will
be celebrated tomorrow afternoon ar
o'clock in ST. Paul's Church, Clinton
and Carroll streets. Brooklyn. The
Publication Is the oldest festival Of Our
Lady, and in this event is set forth
one more of the impressive religious
pageants for which st. Paurs is noted.
Tho Chamber of Music. Carnegie Hall.
is now the new home Of the First Spirit
ualist Church. where services will be
held every Sunday evening at o'clock.
For their opening tomorrow evening
Oscar III. Geiger. lecturer and student of
philosophy. will speak on "The Hand OF
God" masterpiece of understandable
truth and wisdom. A special musical
program has been arranged and there
will be spirit messages through various
mediums Of the church.
Dr. Glenn Frank will speak at the
West Side Y. M. c. A. at p. M. on
New Wine in New Bottles" Frederick
Vail Corby will be at the piano. DIR.
Jcsepeh d. Burrell. head of the metro
politan district OF the New Era move
nent. will speak at the Merchant Sea-
mems branch on What Is Religion"
At $3.50 O'Clock in the Bedford branch
Y. M. c. A.. Bedford avenue and Monroe
street, Brooklyn, DIR. S. Parkes Cadman
will address the Mems Conference.
speaking on Lord Bryce. the Yankee
Englishman."
The New York herald., 1922-02-04
ADvENTIs
ADVENTIST.
Seventh-Day Adventist Temple
1soth Street and I.enox Avenue.
CARLYLE "a HAyNE9 pastor

Sunday Night: "The Identical
Seventh Day of Creation: Can 1t Be
Located Now With Exactness in
Spite of Changed CaIendars3 Sew
enth Day or First Daya Which Is the
Bible Sabbathl"
The New York herald., 1922-02-04
NORTH AGAINST LATINS
IN iNINTERNATIONALCOURT
Gowns as Official Garb
Adopted on Motion.

THE HAGUE, Netherlands. Feb. CAS-
ISOLATED Press). - The International
Court of Justice, meeting in private ses-
The New York herald., 1922-02-04
BRENNAN NOT READY TO QUIT.
Newark's Safety Director Delays
Action ON Church Demand.

A committee representing the law
and order committee Of the Newark
Federation of Churches, headed by the
Rev. o. B. Close. called yesterday on
William J. Brennan, Director of Public
Safety. and asked that he resign in
view of certain disclosures regarding
vice and crime conditions in Newark
that We're made recently by a local
newspaper.
The Director asked that he be granted
time to consider their request.
The New York herald., 1922-02-04
Lecture on Internationalism.

Everett Dean Martin will speak or
''The Psychology of Internationalism'
at the Town Hall. 123 West Forty third
street, tomorrow morning in the series
OF, internationalism under the auspices
CT the Theosophical Association of New
York.
How Can We Bring Our Minds Up
to Date? will be the subject of sermon
by the Rev. John Herman Randall OF
tho Community Church at Lyric Theater
at II A. NJ.
Pastor e. e. FRANKIE will give Bible
lecture tomorrow night at 8 o'clock al
the Broadhurst Theater on Christ and
the Reformers: Why Did They Cruelty
Hjm?' at the Temple. 120th street and
Lenox avenue. Carlyle B. Haynes will
continue his lectures on the Sabbath.
speaking tomorrow night on 1.-THE Iden-
tcal Seventh Day of Creation"
The Church of the Healing Christ
Divine Science). which meets in the
grand ballroom Of the Waldorf Astoria
on Sunday mornings at II o'clock, will
be addressed Tomorrow by the pastor,
the Rev. w. John Murray, whose SUBJ
ject will be 1.-THE VIII to Be Well"
Tomorrow at Ais o'clock at the Sell
wyn Theater Mrs. Genevieve Behrend
will lecture on "Who and What Is
God?" At the School of the Builders.
February s, Mrs. Behrend will lecture
on "Clairvoyance. It's Natural Power
and How to Acquire IT, at s p NJ.
Miss Villa Faulkner Page will pre-
sent series of lectures beginning to-
day at II o'clock on "The Seven Powers
of Man. The specific subject this
morning at II o'clock at the Hotel
Majestic will be "The Supreme Power
Being"
At the meeting OF the Applied Psy-
chology Club at the Hotel Astor to-
morrow morning at II o'clock Mrs.
Anna c. Nolle will speak on How to
Be a Financial Success
Mrs Mary Chaplin will lecture to-
morrow morning at II o'clock at the
Hotel Commodore. Her subject will be
"Use Your Intuition
The New York herald., 1922-02-04
PRESBYTERIAN.
BRICK CHI u r G n
Fifth Avenue and Thirty-seyenth Street.
Ministers William rierson Merrill.

Ministers s william rierson Merrill: @
DIR. MERRILL will preach at II A. M.
Mr.. GREENE will preach at =. M
Subject: -Four Modern Prophets-Tolsfoy.
Bible School at 8 40 A. M.
General Discussion Bible Glass at 10 A. M.
Leader, Professor Charles Thaddeus Terry.
Young Peoples Society Social and
Supper Meeting. :30-7:3
Midweel< Service Wednesday at S:15 p. NJ.
FRIDAY NOON HOUR OF MUSIC at 1915.
Sibelius program by Clarence Dickinson,
assisted by Vernon Archibald. baritone. and
Marietta Bitter. harpist.
The New York herald., 1922-02-04

Love That Seeketh Not It's Own" There
will be musical service of worship in
the evening, with ]. Pfeiffen, trombone,
of the Metropolitan Opera orchestra
Maurice Eisenherg, violoncello, of the
New York Symphony Orchestra, and
Louis Green, violin. of the Metropolitan
Opera orchestra.
Thought Transference" Is the SUBJ
ject of DIR. Lindsay for his lecture to-
morrow night at the Hotel Ansonia,
Broadway and Seventy-third street. at
8:15 o'clock.
The New York herald., 1922-02-04
BAPTIST.
FIRST BAPTIST CHURCH,
Broadway and 10th Street.
PASTOR |. M. HALDEMAN, D. D

II A: M.-'wHY PAUL WISHED HIM
SELF 10 BE ACCURSED FROM CHRIST
DIE TO THE FACT THAT CHRISTIANS
AXE NOT INTERESTED IN THE HERE
AFTER WELFARE OF SOULS"
8P: M.-"DANINATION THROUGH A SER
YENI. SALVATION THROUGH A SER
rEST. ~ THE DEVIL A REAL PERSON?
DID JESUS CHRIST BECOME REAL SIN
lnAI y REAL SIMMER MIGHT BE SAVED
EROM SIM DOES HEAVEN OR HE'LL FOR
1Utva,, 1Uv mEfEND UPON WHERE YOU LOOK
Friday Night. February 10, 8 o'cIock.-"The
Book OF Psalms" "a meetinr SnII ~ the fee.
timony Of men. Come and take party
The New York herald., 1922-02-04

WIN you work among boys or sirls7 We
telephone to DR.. Reiland. 209 East 10th
The New York herald., 1922-02-04

Do you sing? We are organizing large
Vesper Chorus to sing at 4 O'Clock Vespers.
Come and take part. The training and
experience will help you.
The New York herald., 1922-02-04

Isoih ~. Near san N,e
Rev. Geo. .. Russell.
Minister. Services, Al A. 8.
The New York herald., 1922-02-04
PROTESTANT EPISCOPAL.
ST. Georges Cburfb
18th Street. East Of Third Avenue.

I1NtIIIIIE otIVICt
DR.. Karl Reiland win preach at IL and Z
Rev. w. l.. Kinsolving will preach at p. M
The New York herald., 1922-02-04
WEsT Side uIilN,iIiTj[;ARIAN- C17HURC

WEST SIDE UNITARIAN CHURCH.
Rev. Charles Francis Potter. Minister.
Earl Hall, Broadway. at 117th ST.. II A. NJ.
Are the Ten Commandments Adequate2.
THE COM,U NfTY CHURCH OF y, u.
tSee Heading community Church.'o ~
INIYERSAILST. l.
The New York herald., 1922-02-04

Church of Zion and st. Timothy
West Side y. M. &. A. Auditorium,
31s West 5,th street.
Rev Frederick Burgess. Jr., n. ID, Rector.
3. II CIsector) (Rev. G. w. MANzERD.
The New York herald., 1922-02-04

\. NJ. G. A.
New-York tribune., 1922-12-11

therefore. IL for a more material In
crease In buying around the end Of
this month and during January than
was noted a year ago.
The foregoing statement takes into
confederation only the normal rein
vestment demand. But there Is an
other factor that must be given due
weight, namely, the Treasury maturi-
ties on December Is. On that date The
government will pay about $4,000 900
interest on funded debt and about
s75o,ooo,ooo for matured Treasury cer-
tihcAtes and called Victory notes.
Here Is the huge total Of $3.50. 900. 900,
q great part Of which will be rein
vested. The 100000. 900 interest item
Is not an extraordinary item, but mere
ly regular semi-Annual obligation
that has been made for a reinyestment
fund In the middle Of December for
several years. Treasury certificates
have matured on December IS In every
year since the war. but the amount
maturing has usually been matched by
an equal amount Of new certificates,
payment for which was due on the SANE
dnte.
II Is a fair inference that tho re-
lcEse Of these furds will advance the
date Of the year-end reinvestment de-
mand. Many persons holding Victory
Ans OF the several series called for
redemption December rs have already
exchanged their notes for other seeuri-
ties, but the vast majority, like your
self, are confronted with the question
whether Il Is advisable 10 wait until
the redemption date. In our opinion
II would be advantageous TO reinycst
your $4,000 now. In doing 80 you need
not sell the Victory notes, since the
Treasury has given you the privilege Of
turning them in for redemption prior
20 December rs. In this way you will
avoid the possibility Of having 20 bid
later against those who wait until after
the middle Of the month to reinyest
their funds.
New-York tribune., 1922-12-11

IN the fall and early winter OF 1921
the trend Of bond prices was unques-
tionably upward. The bondholder who
had any substantial amount Of interest
money due around the turn Of the year
was confronted by n situation that
could not be properly dealt with By
the adoption Of a waiting policy. The
longer he deferred action the greater
price he would have 10 pay for his
bonds. The fact that the reinvest-
ment fund would not be available un-
til January did not, however, prevent
action In anticipation Of actual receipt
OF the money. There was something
to be gained by borrowing from the
bank and buying bonds weeks before
the end OF the year, the plan being
70 retire the bank loan rs soon as the
January / interest was available. We
have good reason 10 believe that this
plan was adopted by a great many in
yestors and that this antleipatory
buying was responsible not only for a
more rapid rise in bonds In the clos
ing weeks Of 1921, but also for the
lack Of any material increase in de-
mand after the end Of that year. In
other words, the reinvestment demand,
instead Of being supplied during the
first three or four weeks Of the new
year, was spread over a much longer
period beginning well back into 1921.
May We look for the same situation
this yeari II Is our opinion that the
complexion Of the market will be diff
ferent in the present instance. Bonds
stopped going up so far back as the
last days Of September. The trend
for several weeks was unm!stakably
downward, and now, although the de.
cline appears 10 have been checked,
there has been no material recovery.
With this condition prevailing inves-
tors have no incentive for anticipat-
ing their year-end requirements by
borrowing at the bank. The outlook.
New-York tribune., 1922-12-11
som. Speculative Bonds

o..stion-Will you kindly give me youi.
sdviee e 70 the fo1lSTtnsA TS,r1 AVsnSs venue adjust.
nnnpon nsns - bondSi Also what are in.' net
/ AZ et std AT II: In. e o. N;asSi}.,,on. y; s1},
+, q. doSs ,s,v uSdsrs'anHi fatal.i ! have New YoIk
ns,sonons lave tnsS as. third Avenue q. bouEhi
a. a.. Erie DG Cities service A 81. 30 n.
- a. 7 would ike a higher rave OF IN
49,, az 80 Do YOU advise selling Third Aye Aye
higheS Interest rate Mrs. 4. n r.
Arswer = The interest rate has
rotbino 10 do with the security OF
hord or the rate Of return on an IN
yestnent. United States huoDef os
snd baltimore & Ohio So are good IN
vestments. They are coupon oonus'
Thiyd Avenue adjustment 6s contain
sn element of speculation owing 70
~ ~ fact that interest is paid on them
onIv n earned, and there are times
a. yon undoubtedly know II you nave
soiiowed the traction situation during
ne last six years, when earnings may
ha insuficient 70 pay interest. inter-
horough- Metropolitan Ans, .certiheatess >
TANNED. are, or were prior 70 tne
recent foreclosure sale, an oohgAsioh
of the Interborough Consolidated SoI-
noration, This latter corporation va
a link In the. lnterpoIouku n1 -
Transit organization, put mas ns.,i
been eliminated as serving no
purpose. pur The ~ per cent bonds. as
the price suggests, are an extreme rdas
speculation. international q oreat
Sorthern adjustment es are more
speculative than the average diviaeno en-
paying stock listed on. the stock "a "a
change. Leave them alone unless you
want Ia speculate. Your New YORK
Telephone bonds are a high grade IN,
vestment. The Erie general 4s ana
third Avenue IS are not Of good grade.
II You replace them with any OF the
bonds yielding per cent that you
see recommended frequently IN THIS
column your position would pc I'M
proved materially. You speak OF
wanting a higher rate Of interest, but
do YOU realize that the Erie Is yield
more than 0 per cent at the current
market priee7
New-York tribune., 1922-12-11
Dividends and Preferred Stock

Question---Kindiy answer the following:
Does the declaration OF stock dividend
TO common stock holders impair the in
yestmont value OF preferred atock7 IL
has not noticeably changed the sale price
OF such preferred nock. but II would seem
re- though it should lessen the investment
rating for this reason; II surplus is taxa
Bile and stock dividends are declared in
order 10 dispose OF surplus and avoid tar
then when earnings fail 10 meet preferred
dividend requirements there will bo great
y ssss1ee sgsPS' fsSm sSan,d Tn,1h ,, 70 Rsy
sened surplus also cause depreciation In
value OF bonds OF such eompaniesf-
i. y. N.
Answer-We can say without heslta-
tion that the payment Of stock divi-
dends does not impair preferred stocks
or bonds. A surplus Is not necessarily
cash, although a small part Of II is
usually in tho form of bank deposit.
The companies, which have recently
declared record stock dividends
plowed earnings back into physical
property over a long period Of years
instead Of distributing them In the
form of cash dividends. The equity Of
the stockholders was increasing, but
in the form Of buildings, machinery,
rolling equipment, tanks, storehouses
and land After n stock dividend Of
200 per cent, for instance, a common
stock holder has no larger equity than
he had before. The three stock GER
tifcates existing after the stock dis
tribution represent exactly what one
share represented before the dividend
was paid. Inasmuch as the surplus
does not represent cash, the ability
Of the company 20 pay dividends on
the preferred stock OF interest on bond
Issues In times Of poor earnings Is not
diminished.
New-York tribune., 1922-12-11
Decline in Royalty Stock

ousstion--A constant reader of your
paper. and particularly of the financial de-.
partment. ] should appreciate your judg-
ment a. TO the common stock OF tho
united Royalties Company. Inc, OF wichita
Fails. Tex. This company purchases royal
ties or Interests In various oil properties
IN the Southwest and has been paying a
taifly high rate Of dividend continuously
Tor about two years. The stock IL not
listed on the market now and ls beinr
writers, Haywood, BROOKS 4 Co. although
have had q offered BY dealers IN un-
listed securities AZ 40 20 % cents I havs
looked over the financial statement ana
have been unable 10 ind anything radically
wrong, although I have my doubts thai
this company can afrord 70 pay the pr..snt
diviocnds, which are per cent a month
on par 81. Will you be kind enough a.
give frank opinion a. 10 this stock aa a
business mans Investment 1 know a.
carries eonsiderahie element OF riak. but
am unable TO judge just how much rlsf
ID. B. - '''
Answer-As you say, United Royaltv
shares were sold at prices VARYING
from $3.50 TO 81, and recently thess
shares have been offered in the New
York market at less than 81. The de-.
cline In the price Of shares should bs
q warning 20 those who have placed
their money In what we consider a
risky speculation. IL Is about as din
cult 10 understand how this company
Is able TO pay dividends Of per cent
a month as Il Is to understand why in.
dividuals will buy the shares at price
two or three times as high as they can
De bought In the open market.
New-York tribune., 1922-12-11
New York, Ontario & Western

ouestion-would you kindly give mo
sons real good Information an 10 the New
York, Ontario Western Railroad financial
position and earning power7 Has its
financial position been impaired because
the New Haven Railroad holds tho ma
fority stock. and do you think u fair
Investment at present priee7-F 8.
Answer-The financial position Of the
New York, Ontario g. Western can be
impaired on account of New Haven's
interest only 10 the extent that this
interest might impei the directors 70
declare dividends in order 10 help the
New Haven out Of difficulty. While
we are not in n position 10 state that
such a motive was behind the last
dividend payment Of per cent, II Is
certainly apparent TO any one who has
studied the company's past and pres
ent earnings that there must be a sub
stantial increase in net income II this
dividend is to be maintained. We be.
lieve there is a substantial element OF
speculation in the stock.