davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-06
GAINS ARE REPORTED
BY PUBLIC UTILITIES
Large Earnings Shown All
OUer Country.

Inc improved position OF public utility
companies is shown In the October st.ta.
ments filed. indicating a large gain In
most cases over the same month last
year. Consumers Power Company note.
gross for October OF s1,s24.7s7 com.
pared with s1,1s4.492 last year and a
balance after charges of s401 a29
against s266,545 last year. For the ter
months gross amounted to s12177.esr
against $11.564.444. while balance after
charges was s3,421.617, against $3.50
462 last year.
The Havana Electric Railway. Light
and Power Company notes gross o,
Sl.O65.144, against s1.0sS.6S9 and a
balance after charges of s442.O04
against s400,925. For the ten months
gross stood at S10.6SS,372, against $40
592,76o, while balance after charges wa
N,fl4.4s5, against s3.40O.275.
Gross for October for the PennsvI.
vania Edison Company amounted fo
s253,072. against s211.6e5 last year
Net after taxes was SS4,ig9, against
s67.3Sa. Twelve months gross wa,
s2,567.74s, against s2,527.15e and
balance after charges s465,513, against
s293.15i last year.
The Puget Sound Power and Light
Company reported a balance after
charges for October of s2os. .4oi, against
S210,792. while Metropolitan Edison
showed a net after taxes for October OF
s73,0s4. against ss0.95f for the sarne
month last year
The New York herald., 1922-12-06
DIVIDENDS.

Stock of Ray.
Record. able.
Am. T.. s. Co., :. 14e5 pf. Dec. IS Jan. .
Bank ~. Y. q trust Go. 5sc.. Dec. Is Jan. 2
Atchison Ry. CO., a.. 2i5e5 pf.Doc. 20 Fob.
Chi. indianapolis q Louis
vile Ry. Co. MGs........ Dec 80 Jan. 10
Chi. indianapolis & Louis
willie Ry. Co. p. D., 80, pf. Dec so Jan. 10
Dayton l.. L. Co. 2E...... Dec. fs Dec. -
Dayton y. L. c., O., tiac5, pf.Dcc. 20 Jan. .
Fast River National Bank,
;. a., G~...................p % Dec. 81
Hood Rubber Co., a., 49,. Dec. 20 Dec. 80
Kan. city T.. L.. a.. fAo5, ist
pf "A'......'..s...... Dec. Is Jan. 1
Kelly Springfield Tire Co.,
a.. fMfs, pf................. Dec. 10 Jan.
MononEabeia Power ly. Co.,
a., 37lSTs. Dec. 70 Jan. 3
Manila Elec Corr, a., go. Dec. tS Dec 30
Motor Wheel Corp. a.. 2so.. Dec. ~ Dec. 20
Mfg. Finance stock, ~. p Dec. 10 Dec. 81
Mfg. FINANCE cash. 25c5... Dec. u Dec. "a
Mfg. Finance. a. tNes......D Dec. Dec. 81
Mex. Crude Rub. Co.. 2eo.s Dec. - Jan. 2
National City Co. 40, a.. Dec. 10 Jan. .
w. Point Mfg. Co., = a., 3es. Dec. i5 Jan.
Wrigey Co., stock. t0ss... Dec. % Dec. 80
The New York herald., 1922-12-06
JONES R LAUGHLIN co..
STOCK TO GO TO PUBLIC
viii Sell Part of NeU Issue of
$4,000, 900 Preferred.

Special Dispatch to THE NEw YoRK HnnALp.
PITTSBURGH. Dec. s. The Jones and
Laughlin Steel Company, ii was learned
the Jones and Laughlin Steel Corpora
tion. with capital stock issue of $780,
000,0 900, of which S60.000,o00 will be Z
per cent. cumulative preferred and $780,
000.00 common. The present captaliza-
tion is $50. 600. 900. all common. stock.
A limited amount of the preferred
stock. IL is stated. viii be offered to the
public. as some OF this stock has been
sold by stockholders not actively con-
nected with the company TO the Union
Trust Company of Pittsburgh. and
and the Bankers Trust Company OF
New York.
Application for a charter has been
made to the Governor of Pennsylvania
and their organization awaits only the
formal action of the stockholders and
directors at meeting this week.
The management will no. be affected
by this transaction but will remain in
the hands of the active executives and
directors who have been associated with
the development of the business for
many years. and whose financial inter-
est in the company is large through
ownership of its capital stock.
The Jones and Laughlin Steel Com
pany has hitherto been a close corpora
ton virtually all of it's stock being
owned by the two families represented
in the firm name.
The New York herald., 1922-12-06
FAV0RS KATY PLAN
OF REORGANIZATION
I. G. c. Says Roads New Capt.
tai Will Not Be Dispropor-
tionate to Earnings.

WASHINGTON, Dec. 5.-Reorganization
plans for the Missouri. Kansas and
Texas Railroad, which has been in re-
ceivership for several years. were ap-
proved to-day by the Interstate Com
merce Commission. The new company.
which is authorized TO acquire all the
railroad lines and terminal properties
of the old system. will have total stock
and bond issues with a par value or
S196. 500 900 and 1 900, 900 shares of COM
mon stock without par value. Its annual
fixed interest charges will amount to
S5,fs3,0o0. The commission calculated
that the total capitalization OF the old
company was $243, 176, 900, while it's
annual fixed charges had been s7,1s3,o00.
The reorganization will start the new
Missouri -Kansas-Texas Railroad in oper-
alton with capital liabilities less by
S46,376.0o0 than those carried by its
predecessor. and annual interest charges
also less than those of the former COR
poration by $f,7o0.000.
Earnings OF the Missouri. Kansas and
Texas for the last eighteen months. the
commission said, have been sufficient
to meet the total annual bond interest
and other fixed charges as the reorgan-
ization viii leave them. Most of the
securities which the new company Is
permitted to issue will be exchanged for
securities of the old company to finance
the reorganization assessments of S25
share to be levied on the common
stock of the old company and $50
share on the preferred stock, which
assessments are expected TO raise about
$fs.420,000 in cash. the commission
said. The payers of the assessments
will receive shares of the common stock
in the new company, which stock will
have voting privileges sufficient to con-
troll the new organization.
The new capitalization will be sub
stantially lower than the total capital
liabilities of the present Missouri, Kan
sas and Texas iystem." the commission
said, "and the fixed charges will be ma
terially reduced, with a consequent i'm
provement in credit. The evidence also
indicates that the new capitalization will
not be dsproportionate to the earnings
of the applicant. Under these circum-
stances. in view of the manifest desir-
ability of ending the long period of re-
ceivership, we think that the approval
OF the proposed capitalization should
not be withheld
The New York herald., 1922-12-06
kENNECOTT COPPER
RESUMES DIVIDENDS
Quarterly Disbursement of rs
Cents a Share Announced.

Directors Of the Kennecott Copper
Corporation resumed the payment of
dividends on its capital stock yesterday
by authorizing quarterly dividend of
10 cents a share, payable January Is
to stockholders of record December %
Tho last dividend was quarterly dis
bursement of so cents a share, paid in
December, 1920.
The company issued the following
statement
Resumption of dividends was brought
about by the following conditions: The
company has sold its entire production
Tor the last year and had reduced its
surplus stock on hand at the beginning
OF l922 to minimum. thus putting the
company III strong cash position.
The construction of the 10000 ton
plant of the Braden Copper Company In
South America has been completed. This
property is now producing over 10, 0,O0O.-
600 pounds of copper per month.
The Alaska mines are on full produce
ton. The Utah. Nevada and Mother
Lode Copper Companies- in which the
kennecott Copper Corpor-tion is inter-
ested. are also producing aud there Is n
good steady demand for copper.
The directors. therefore, feel that
with these conditions the comnanv is
justified In resuming quarterly disburso-
ments"
The New York herald., 1922-12-06
OFFER SINCLAIR OIL STOCK.

A block OF about $4,000 shares OF the
per cent. preferred stock OF the SIN
clair Consolidated oil Corporation Is
being offered by Blair & Co.. Inc. Chase
Securities Corporation; Klssel. Blnni-
cutt & Co.: White. Weld & Co.. ]. & w.
seiisman & CO.; Spencer. Trask & Co.,
and Janney & Co.
This is the balance OF tho s2O,ooo.0oO
par value of stock ISSUED some time ago
upon conversion OF the Ave year I y per
cent. gold notes of the corporation and
does not represent any additional Bale
OF issue OK stock by the corporation.
The New York herald., 1922-12-06
NICKEL PLATE MERGED
WITH LAKE ERIE ROAD
Consolidation for Operating
Purposes Approved.

Special Dispatch to The NEW York IIEsALp.
CLEVELAND. Dec. 5.-The consolida-
tion of the Nickel Plate and Lake Erie
and Western railroads for operating pur-
poses has been announced and the
authority of the Interstate Commerce
Commission received, but nothing has
been said about including the Toledo.
st. Louis and Western (Clover Leaf)
in tho merger. Whatever may be the
intention OF the Van Sweringen interests,
nothing has been said orr effected in an
operating way toward bringing the roads
closer togethers than they always have
been.
When reports we're received from New
York Lanking circles predicting the
merger OF the three roads o. p Van
Sweringen. chairman OF tho board Of
directors OF the Nickel Plate, persisted
that they were incorrect. The Clover
Leaf is still being operated entirely as
private system. and according TO Mr..
Van Sweringen will not be merged with
the Nickel Plate and the Lake Erie and
Western the first of the year. Should
the three roads be merged into one
operating system it would link together
approximately LIS miles of track.
The New York herald., 1922-12-06
CENTRAL PACIFIC CASE.
Taking of Testimony ny 4. G. G.
Practically Concluded.

WASHINGTON, Dec. 5.-The Interstate
Commerce Commission at its hearing on
the Southern Pacific Railroads. applica-
ton to retain control OF the Central
Pacific practically concluded to-day the
taking OF testimony from witnesses
called TO demonstrate the attitude OF
Western public opinion toward the con-
tinuation of unified operation Of the two
systems, which have been ordered by
the Supreme Court to operate separately.
Representatives. of the Union Pacific
Railroad are expected to carry the pro-
ceedings to further stages tomorrow In
opposing the Southern Pacifics appeal
to the commission to sanction unified
operation until II completes It's general
plan for consolidating railroads.
The New York herald., 1922-12-06

and offer them to the investing
public with our full recommenda-
ton as sound investments for sums
of any amount. Denominations in
both issues, ST., 900, $500 and 500.
The New York herald., 1922-12-06
NONE MARKET.

Mixed collateral. 90 dsys............... ~
lndustrials, 20 days. ys..................... AZ
lnuustrials, DO days. Observation-Disclosures. dst
COMMERCIAL PAPER.
Rest names. TO months .. AZ
Other names, 20 months. .. ss
DISCOUNT RATE, RESERVE BANK
Commercial paper, Is days, 4: 60 10 10
days. A. Liberty bonds and Victory notes IL
days, 4: 10 TO 90 days, 4 bankers accent
ances. 10 20 90 days, 4.
OPEN MARKET RATE.
Call loans and acceptances. .4ika
Discount rates on prime bankers accent
nnccs eligible for purchase by Federal RE-
serve banks.
!. Bid. Ask. Bid. Ask
80 days.. "a 90 days AZ
90 days.. AZ 100 days. 5I ~
CLEARING HOUSE STATEMENT.
Clearing House exchanges. ssis 900 .ooo; ;
balances. s1T 900 900: Federal Reserve credit
balance. SG5, 100000
SILVER MARKET.
official bar silver IN New York, domestic
gessc., up @c.; foreign, 65ikc.. up tsc. .
London. 80 7-i0d.. w I'D. Mexican dol.
ON December 3 the New YorI, ouota,Ion
for bar silver OF domestic oriEin'' was in.
creased from ppltc. TO o9ssc. per ounce 900
fine. This Increase IN price is due 10 the
tecreased cost Of transportation, owing 70
the fact that the u. 3. Government Il again
accepting delivery or silver purchased under
the Pittfnan act ~ the Philadelphia Mint in
stead OF at the Denver Mint.
The New York herald., 1922-12-06
UNITED STATES TREASURY sTATEMlNT.
SYRACUSE, N. Y.

to n YOnKI IIrs.rp
New yorkH HeradB Bureau,
Dec 3.
The New York herald., 1922-12-06

exceptional strength and attractive.
ness, yielding the maximum interest
rate with maximum safety. We have
purchased both issues after most
careful and thorough investigation
The New York herald., 1922-12-06

@ w. STRAUS s. Co. offer the
W bonds described below, a first
mortgage industrial icsue netting
6z46, and first mortgage real estate
issue netting go, as investments of
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19
SOUTH BEND BIDS
FOR STATE NORMAL
SCHOOL PROPOSED
Chamber of Commerce and
Educators Anxious to Lo.
cate Branch Here.

With the recent announcement OF
the state board OF educational sur
vey that a more complete system
OF normal schools Is urgently need
ed In the state and that one for
northern Indiana is practically as
sured, every effort is being made by
local educators and the Chamber OF
Commerce 10 induce the state legis-
lature to award the normal to
South Bend, It became known
Monday.
With but one main normal school
in the state. that at Terre Haute.
and its branch institution at Mum
Gle, Indiana is said TO be far behind
the sectional system Of normals in
ne!ghboring states.
That the state board Of survey
has definitely decided TO request the
state legislature 10 finance two or
three additional normals In the
state. was announced by Frank
Green. manager Of the local Cham
Der OF Commerce who has returned
from a meeting of the state COM
NJ erciaI secretaries held at Indiana
polls Saturday.
Consider South Bend.
At that time, secretaries OF tho
Chambers Of Commerce throughout
the state unanimously went on rec
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19
Your Teeth
and Your
Personal
Appear
ance

Have you ever
been refused a
positIou 20 u
sought ln she
bussne1 world
Or. perhaps sEuu-
sed soclaUy7 Your
teeth play a very
Important part IN
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

ord as favoring tho move for more
normals and secretaries from north
ern Indiana headed by Green. 20 the
board OF survey emphasized the
need OF normal in this district.
Assurance was given by tho board
that not only would 70 strive % Sc
cure normal for northern Indiana,
but that South Bend would be con-
s!dered IN locating tho school.
No effort IS 10 Be spared by the
local Chamber OF Commerce IN at
tempting 10 bring the normal TO
South Bend and W W. Borden. city
superintendent OF schools, declared
Monday that he would do al IN his
power towards securing the school
for the city. While defnit7 action
on the project is entirely IN the
hands OF the state legislature. unit
ed pressure by various civic and I'd
vocational bodies here az wen as In
surrounding towns, will, II Is be-
..eved. bring the northern Indiana
normal 10 South Bend.
County Supt. OF Schools John W.
Rittenger announced that he was
moro than Interested IN the move
meHt and is enlistlng the interest
Of the county board OF education TO
Cooperate with other local bodies
in influencing the state legislature.
City Logical Place.
II has been pointed out that Ill
inois, Ohio and Michigan have nor
NAL schools in each section OF the
state. whereas Indiana has practical
ly but one. A survey OF other states
proves that Indiana "a IN great need
OF institutions for the training OF flu
ture teachers.
Because Of It's central location In
the northern part of the state and
because Of excellent transportation
facilities in addition 10 the large
number OF teachers employed and
licensed in this county each year
South Bend has been practically Sc
lected "a the most desirable city
for a northern Indiana normal.
Michigan City and LaPorte are
known 10 have already started
movements to secure the normal.
United action and pressure by
local and civic and educational bod
les VIII do much towards securing
the proposed school for South Bend
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

A. daylight broke they started out
down the Swallowed street OF the
Little town.
The las, we'il see OF civilization
for a long, long time" the girl re-
minded him.
The man thrilled deeply. And
I'm glad OF Il, he answered. Moth
ing ahrad but the long trail"
At the very headquarters OF Poor
Man's Greek. where the stream had
dw1ndled 20 silver thread between
NOISY banks. Beatrice and Ben
made their noon camp.
But Il was not TO- DO that this
Journey should hold only delight FOR
Ben. A half-mlle down the river he
suddenly made a most momentous
and disturbing discovery.
He had stopped his horse 20 re-
read the copy OF Hiram Melvlle's
letter. intending 10 verify his course.
HIS gaze came 20 rest upon fam
liar name.
Look out for Jer Nelson and his
gang" the letter read. They seen
some OF my dust"
At first ne did not glance az Bea-
trice Slowly he folded the letter
and put It back into his pocket.
I'm going all right" he an
nounced. He urged his horse for
ward
TT seems 10 me we must be head
ing into about the same country"
Ben went on. You see, Miss Nell
son. I'm going 10 make my FIRST
permanent camp somewhere along
this still stretch"
MY father has come 70 the con-
cluslon that It's really worth pros
pecting. He's IN this Same country
now"
Il suppose III meet hln--I'll like
" meet him tonight when I take
you 20 the cabin on the river. You
said his name was"
"Jerrery Nelson"
Ben's thought flashed 20 Ezram.
The recovery Of the mine had been
the old mans fondest dream, the
last hope OF his declining years, and
this setback would go hard with
him. But there would be certain
planning. when they met again over
their camp fire. And there were
three OF them allied now. Fenris
tho wolf had come into his service.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

That talked 10 him. that his cabin
was somewhere close 10 this one-I
thought he said up this creek"
There - a cabin Up the cressS a
way Nelson admitted. but u isn't
the enc he meant It's on my claim.
and my two partners are living IN
- But when he said near 20 this
one, he might have meant 10 miles
That's the way we northern men
speak OF distance"
lie said his farewells 20 the girl,
refuse3 an invitation 10 pass the
night In the cabin. and made his
way 20 the green bank OF tho
stream. Four hundred yards from
the cabln-Obscured from both by
the thickets-he pitched his camp.
Ben made his FIRE and unpacked
his horses lie confined his riding
horse with a picket rope. the others
he turned loose. Then he cooked a
simple meal for himself and the
gaunt servant at his heels.
When the night had come down
in full, and as he sat about the
glowing Goals OF his supper fire.
he had time 10 devote serious
thought TO the fate OF Ezram.
Impelled by an Crge within him
self Ben suddenly knelt beside his
lupine friend. He could not under
stand the flood OF emotion, the
dramatic events that stirred him TO
tho quick. He only knew. with a
knowledge akin 20 inspiration. that
IN Fenris lay ths answer TO his
problem.
'Fenr.s, old boy" the man
whispered. Can you find him for
me, Ferris? He's out there some
where" the man motIoned toward
the dark-"and 1 want him. Can
you take me to him?"
CONTINUED in Our Next Issue)
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

rest after government agents had
laid careful plans for thei- capture.
The booze bandits fei win hnle'a
haIirg about them. but none, 50 f'T
as - known. Were wounded oLA-
teen I0-gallon cans on stolen whisky
were recovered
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

She'll appreciate a wrlts watch for
Xmas. The better kind OF wrist
watches are on display at Cleis &
Goetz, 10 z. Jefferson blvd.
Advt.-351-57.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19
Whisky There's Escape
DrGgnet of u. S. AGENTS

PEORIA. Ill. Dec. 1s.-Whfsky
thieves wis had tunneied their way
through the earth IS feet into the
Corning distiuery here escaped ar
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19
Er-SerUice Man Notitied
OF Appointment as Cop

Joseph Hecklinski. aged "a, and
married, us s. Olive St. Monday
was advised OF his appointment as \
member OF the police force.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

and we are going 20 make a real
fight towards this end" Green de-
clared IN speaking for the Cham
Der OF Commerce Monday.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

your personal appearance and per-
s0nal appearance IS given "a grea-
deal Of consideration 90 forming
opinions OF people
Surely you can not lose sEh- of
this fac- u is such simple matter
20 have those few teeth replaced hv
a blk Of bridge WORK or 20 secure a
full SCI OF upper and lower teeth
Or. Holmes Offers you bridge work
al So per to1th. A fully guaranteed
upper and lower plate made OF h.gh
grade materials and embody.ng the
best Of worEmans-- can be secured
for az lizzie rs f25 Filings as low
as 81 per too-h.
Overcome that handicap I'm per-
sonaI.ty and consult DR.. Holmes NJ
once. CONSULTATION AND EN-
ANIMATION ABSOLUTELY FREE.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19

*. X. X. Cigars Eot named FOR a
secret society but after a famous
Yale club. All dealers two for 15c.
Advt--292-tf.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19
.T.KO'mGS, Dentist

Corner Michigan and Wash.1gton So
over Central Drus store.
Look fJr sign L-rcola oso
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-19
The Wolf Scents Death.

As twilight darkened TO the fun
gloom Of the forest night. Ben and
Beatrice rode 20 q lonely cabin on
the Yuga River-ope that had been
built by Hiram Melville years past.
They had seen a lighted window
from afar. marking the end OF Bea-
trics's hard days ride.
'tOf course you won't try 10 60
on tOnight?" she asked Ben. ''You'l
stay at the cabin?"
There likely won't be room for
three" he answered. But lis
clear night. can make a fire and
sleep out"
They halted at last and Beatrice
saw her fathers form, framed in the
doorway. She fastened into his
arms: waiting In the darkness Ben
could not help but hear his well
come. Many things were doubtful
but there could be no doubt OF the
love that Nelson bore his daughter.
But why so many horses. Bea-
trice?" ne asked. "YOu-brought
some one with your"
Hes a prospector-Mr. Darby"
the girl replied. Come here. Ben
and be introduced"
Ben had already decided upon his
course OF action. He knew perfect
~ that Il would only put Nelson on
his guard II he stated his true posi-
ton; and besides, he wanted word
OF Ezram. IL may have a wrong
steer. Mr.. Nelson" he said. "but a
man I met down on the river-trail.
out OF Snowy Gulch. advised me TO
come here. He said that he had
some sort OF a claim up here and
that his brother left him. and though
Il was a pocket country, he thought
there'd soon be a great rush UP this
way"
IT hardly know who II could have
been that you met" Nelson began
doubtfully. He didn't tell you his
name
Melville. I believe that was II.
And II you'll tell me how 10 find
him. I'll try 10 so on tonight"
Melville. Ell? I guess know who
you mean now. But no. don't
know of any claim unless its over
east. beyond here. Maybe further
down the river"
Ben made no reply at once; but
his mind sped like lightning. OF
course Nelson was lying about the
claim: he knew perfectly that at
that moment he was occupying one
OF Hiram Melvtlle's cabins.
ale hasn't come up this way2"
Ben asked casually.
He hasn't come through here
that I know OF. OF course I'm work
ing at my claim-with my partners
and he might have gone through
without our seeing him. II seems
rather unlikely"
ne told me, IN the few minutes
The circle banner. [volume] (Circle, Mont.) 1914-1939, 1922-10-20

graduated from Cornell university.
Alexander Mckenzie, Jr., referred
to in the telegram as Sandy" is
married and has two children. He
is a graduate of Lehigh university
and is an official of the Takamine
Manufacturing corporation, 342 Ma
olson avenue. Thomas o. McKen-
zie, who attended Pratt institute, and
was stationed at Harvard university
as a radio expert during the war, re-
Gently married young woman from
Boston and several months ago en-
tered the real estate business at 26
Main street, Yonkers.
The home where Mrs. Mckenzie
died, one month too soon to inherit
her share of her husbands fortune,
is a modest unpretentious two-story
frame house at 721 Palisades avenue,
Yonkers.
The very simplicity of it throws
into still deeper mystery the reason
why the powerful political boss of
North Dakota kept it secret.