davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1922-10-27

and to bear interest at the rate of
seven per cent per annum will be
issued hereunder in the manner pro-
vided in the Improvement Bond Act
of 1915, the last installment of which
bonds shall mature fourteen years
from the second day of July next sue
cecding nine months from their date.
SECTION 5. The City Clerk is
hereby directed to post conspicuously
for five days on or near the Council
Chamber door of this Board of Trus
tees in the manner and form required
by law notice with the specifica-
ticns inviting sealed bids or proposals
for doing said work.
! Said City Clerk is further directed
to publish for two days in that certain
newspaper known and designated as
Imperial Valley Press, a daily
newspaper published and circu !
lated in t e City of Ell Cen
| tro (and hereby designated for the
purpose of such pubication) in the
manner and form required by law, a
no.ice of said work inviting sealed
proposals or bids for doing said work,
and referring to the specifications
posted or on file and to the H. Mueller
Manufacturing Company License
Agreement in reference to the patent
ed brass water pipe fittings known as
Mueller fittings, dated November 26,
1921, together with the extension of
time during which said Agreement
J shall be in force) on file in the office
of the City Clerk of said City of El
Centro. Said notice shall require that
each proposal or bid be accompanied
by either a certified check or bond as
prescribed by law and for an amount
not less than ten per cent (10%) of
the aggregate amount of the proposal
or bid payable to the order of the
President of the Board of Trustees Of
said City. q
Said Clerk is further directed to
publish this Resolution for two days
in the manner required by law in the
aforesaid Imperial Valley Press, a
daily newspaper hereby designated for
said purpose.
Passed and adopted this 25th day of
October, 1929.
WILL S. FAWCETT,
President of the Board of Trustees of
he City Of FL Centre, California.
ATTEST:
j. S. Loofbourow, City Clerk.
(ScaD
STATE OF CALITOTlNIA }
COUNTY OF IMPERIAL ss
. CITY OF Ell CENTRIC
J, j. s. LOOFBOUROW, City Clerl
of the City of Ell Centre, California
! do hereby certify that the foregoing
Resolution was passed and adopted by
the Board of Trustees of said City o.
Ell Centre, at regular meeting o.
said Board on the 25th day of October
$ 1872, by the following vote:
A AYES-Travers, Lavayea, Pitzel
, Fawcett.
! NOES-None
, ABSENT--Anderson
WITNESS my hand and seal OF tn,
, said City of Ell Centric, this 25th day
, OF October, 1922.
, j. S. LOOFBOUROW, 2
City Clerk of the City of FL Centre
California.
: (Seal Oct. 26-2i
Imperial Valley press., 1922-10-27
LOS ANGELES LIVESTOCK

Cattle-Beef steers, good, grade, 7.5C
@S.00; medium grade, 7.O0M7.5 com
mon grade, 6.00@6.75. Beef cows, good
5.75@600; medium grade, 5.00(a5.50
common grade, 4.00@4.75, Gamers and
cutters, 2.00@3.50. Bologna and buten
er bulls 250M4.00.
Calves--l50 to 200 pounds, good ana
choice 7.5000T75; 200 to $50 pounds
good and choice 700Mh50; $50 to 500
pounds, good and choice 6.50M7.O0;
over 800 pounds 5.50@6.50.
Hogs-Good and choice gram fed
Californias, l5O to 200 pounds, 1880
ll.25; 200 to 250 pounds, 10.00M1O IS
250 to 800 pounds, 9.00M10.00,
over 500 pounds, S.00MS.50; smooth
sows, 250 to 800 pounds, 7.50ms.O0;
rough sows, $50 to 800 pounds, 1000
$50; over 800 pounds, 6,00m7.00.
Sheep and Lambs Full wooled. )
Lambs, good and choice grades, 1900
@ls.50; medium grade, 12.00M13.00;
ewes, medium and good, 5.750Q6,50;
ycarling wethcrs, medium and good,
9,00M9.50; aged wctbers, 1000 $50.
Imperial Valley press., 1922-10-27
NOTICE OF SALE

TO WHOM 1T MAY CONCERN:-
Please take. notice that that Edgal
Bros. Company, Ga corporation) operat
ing a Garage and Automobile repair
shop on the northeast corner of thu
intersection of Imperial avenue and i
streets, in the City of Imperial, I'm
perial County, California, will OF
Tuesday, the 9TH day or November
1922, at ten O'Clock, Il. H., offer for
sale to the highest bidder, for cash,
One Model It Ford Touring Automo-
bile, engine number 1542699, Califor-
mia License number 152-690, (192)
left by X. Sato, to satisfy garage bill
for labor, parts and storage, amount
ing to $4s.9S, interest and cost of sale
to be added.
EDGAR BROS. COMPANY,
By j. II. Edgar, General Manager.
25t11
Imperial Valley press., 1922-10-27

IN THE SUPERIOR COURT OF III
STATE OF CALIFORNIA, IN AND
FOR THE COUNTY OF SA n
DIEGO.
In the Matter of the Guardianship
f Harry Hogl, Minor
Notice is hereby given that the nm
lersigned as guardian of the person,
nd estate of Harry Hogl, minor, will
II or after November Sth, 1922 sell at
private sale to the highest and best
bidder an undivided one sixth interest
in certain real estate situated in the
County of Imperial, State of Califor-
MIA, described as follows, to wit:
Tract 45 b and all of Tract 45 A
except the East twenty acres of the
South half of said Tract 40 A, in
Township Sixteen, G6), South, Range
Twelve, O2), East, S. B. NJ, as shown
on the official plan of the United
States Government re--rvey, approved
May End, 1913. Al an undivided
sixth interest in 3S shares of Imperial
Water Co. No II and in 33 shares of
Imperial Water Co. No. 6.
Bids or offers will be received at
the office of Allen E. Rogers, Room
4l6 Union Building, San Diego, Cali
fornia.
LIZZIE HOGL,
Guardian of the person and estate of
said minor
ALLEN +. ROGERS,
Attorney for said Guardian.
First publication October 20, 1922.
20t16
Imperial Valley press., 1922-10-27
NOTICE OF SALE
TO WHOM TT MAY CONCERN:
SAM SCHWARTZ
aud
MRS. NJ. SCHWARTZ

Located ut 1876 North 5th street, I'll
Centre, Imperial county, California.
Notice is hereby given that Sam
Schwartz and Mrs. M. Schwartz, ven
doris, are selling their stock of goods,
consisting of men S furnishings, shoes,
wearing apparel aud fixtures, located
at 1856 North Fifth street, I'll Centre,
doing business under the name of Sam
Schwartz, to Mr.. V. Mycrson, Vcndce,
for consideration of One Thousand
($1 100000 Dollars, said money TO be
delivered to said vendors on November
3rd, 1929, at ten O'Clock, Il. M, at
the Southern Trust 4 Commerce Bank,
Ell Centre, California.
Any claims against said vendors are
to be turned in to the Southern Trust
4 Commerce Bank, El Centre, Califor-
MIA, not later than day set for com.
pletion of sale.
SAM SCHWARTZ.
MRS. NJ. SCHWARTZ.
Oct 70 70 " 2S 80 81 N !
Imperial Valley press., 1922-10-27
LOS ANGELES MARKET

LOS ANGELES, Oct. Trading
today was steady with no outstanding
features. Prices were practically un-
changed on all lines. Northern lettuce
was scarcer and higher. Potatoes are
still dull but the carlot market has ap-
parently reached bottom as present
values are barely above the cost of
digging i'll producing sections. Table
grapes continue to sell freely while
wine varieties are selling slowly at low
er values.
Imperial Valley press., 1922-10-27
Every Subscriber Potential Liner Advertiser


of wh
in of the
ad
liner
gy0u.
1t application
The
a
EVERY
Imperial Valley press., 1922-10-27
RESOLUTION NO. 24s

i RESOLUTION OF THE BOARD
OF TRUSTEES OF THE CITY OF
Ell CENTRIC ORDERING THE I'M
PROVEMENTa aOF CERTAIN POR-
TIONS OF ORANGE AVENUE,
THIRD STREET, COMMERCIAL
AVENUE AND FOURTH STREET
IN SAID CITY, DETERMINING
THAT BONDS SHALL BE ISSUED
TO REPRESENT THE COST
THEREOF, DECLARING u II e
WORK OR IMPROVEMENT TO BE
OF MORE THAN LOCAL OR OR
DINARY PUBLIC BENEFIT AND
THAT THE EXPENSE OF SAID
WORK OR IMPROVEMENT
SHALL BE ASSESSED UPON A
DISTRICT, PROVIDING TIL A II
THE PROPOSED WORK OR I'M
PROVEMENT SHALL BE DONE
UNDER THE PROVISIONS OF AN
ACT OF THE LEGISLATURE OF
THE STATE or CALIFORNIA,
ENTITLED, Gan ACT TO PRO
VIDE FOR WORK UPON
STREETS, LANES, ALLEYS,
COURTS, PLACES AND SIDE
WALKS, AND FOR THE CON
STRUCTION OF SEWERS WITH
IN MUNICIPALITIES, APPROX
ED MARCH Is, 1885, AND OF ALL
ACTS SUPPLEMENTARY THERE
TO OR AMENDATORY THEREOF
AND THAT SAID BONDS SHALL
BE ISSUED UNDER THE PRO
VISIONS OF THE IMPROVE
MENT BOND ACT OF 1915.
Imperial Valley press., 1922-10-27
! Press Business Directory |
Market Report
SAN FRANCISCO MARKET
FRUITS

S-Gravenstelns, fancy, 32
4 tier, per box 1.5o@2.oo; Bellefleurs,
per box, 95M1.15; Newton Pippins,
(Calif.) per box 1.40ML75.
Cantaloupes-Turlo' k, standard crate
nominal; Honey Dews and Casaba %
@S5.
Figs-Back, double layer crates, l.o0
Oils; Calimyrna 9OWl.OU.
Grapes-Thompson Scedless, per crate
1.35ML75; Malagas, Muscats and To
kays per crate 1.O0@1.25; Rose of Peru
and Isabella, per crate, 1.00m1.25.
GRAPEFRUIT special pack
600M6.00; Arizona, $50.
Lemons--Speciai PACK S.50U90U
choice 6.50MS.50; Lemonettes 2.00@
400.
Orange Valcncias, fancy S50Q
1850; smaller 7.0oMo.00; choice 6.009
900.
Peaches-Pcr crate G5M1.00; plum,
per crate 1.J0@2.25.
Pears-Bartlett l.25@2.75; No.
l.J0.
Persian Melons--Pcr crate 50Q1.OO
Imperial Valley press., 1922-10-27

HAVRE, Mont, Oct. 27.--Rcv. Ed
ward j. Christler, pastor of st. Marks
Episcopal, Havre, was shot and instant
ly killed in his home here early today.
Mrs. Margaret Carleton, member
of the Rev. Christler S congregation is
said by police to have fired the shot
which killed the clergyman. Mrs.
Carleton S dead body was found beside
that of the minister She had commit.
ted suicide.
Police are mystified by the tragedy
Imperial Valley press., 1922-10-27
BUTTER. EGGS. POULTRY

Butter Az Eggs, extra, 60, case
count, 50; pullets ~. Hens "A to 50;
broilers SO; old roosters II. Turkeys
young toms, 90 to 3S; hens, 80 to 81;
old toms 81 to 36; small hens, 15.
Imperial Valley press., 1922-10-27

ANTED-rurkeys now-Poultry, top
price paid. Heavy hens, zoe, light
hens 1Sc, spring chickens zoe, Leg
horn poultry &c less. Will call for
your poultry. Phone go. Jos. Mintz
& Co. 2Gt5
Imperial Valley press., 1922-10-27
Produce Markets

Beans, San Pedro, Z. Bunched vegc.
tables, (per dozen bunclles), turnps
80; beets 80; carrots 80; spinach 25;
parsley Is. Celery, local, 2.25M2.50;
grapefruit, Arizona 6.00M6.50. Lemons,
locals, 6.50@9.00. Lettuce, locals, 75o
90; Onions, Stockton, 2o00p2 %; local
60@75. Oranges, Valencias, 10000
ll.Oo; Peas, Northern, l2@l3. Pep.
pers, locals, 3l@. P0tatocs, Rivers, 1.60
oils; locals 1850 l.65; Sweets 2(a3.
Squash 50065. Corn, Imperial, SO69O
Tomatoes, San Pedro, 90@1.00.
Imperial Valley press., 1922-10-27

We have money to loan on good farms.
Imperial valley. Thomas and Kelly
agency. Barbara Worth hotel bldg.
Z q. box 1l96, El Centre. 12tf
Imperial Valley press., 1922-10-27

LOST-Onc young light iron gray
horse, dark from knees down, weight
400 lbs. One bay mare, 1900 lbs.
One dark brown colt, 3 years old,
blind in one eye, no brand. Horse
aud mare branded on left shoulder.
Reward for information regarding
these animals. Notify M. Bodenmann,
Box II Il. I. ID. Calipatria.
25tS
Imperial Valley press., 1922-10-27
PRESS CLASSIFIED

Classified advertisements accepted
according to the following rates and
rules:
RATES-The rate for inserting Pre-
paid Classified or Liner Advertise
ments in the Imperial Valley Press is
/ cent per word each insertion, if paid
in advance. Minimum charge rs cents.
Imperial Valley press., 1922-10-27

WONDERFUL OPPORTUNITY tx
ccllcnt location in heart of CaleXico,
with lease and fixtures, formerly
men $ and women S store. Reason
for closing company is to be reor-
ganized. Address Box {, Calexico
Chronicle. 25t3
Imperial Valley press., 1922-10-27

BE 1T RESOLVED BY I'll +
BOARD OF TRUSTEES OF THE
CITY OF Ell CENTRIC:
SECTION l. That the street work
or Improvement mentioned and des-
cribcd in Resolution of Intention num-
bered 230 of the Board of Trustees of
the City of Ell Centre passed and
adopted on the 25th day of January,
1922, is required by the public inter
est and public convenience, and said
Board of Trustees of the City of Ell
Centre hereby orders to be done the
street work or Improvement on those
certain portions of Orange Avenue,
Third Street, Commercial Avenue and
Fourth Street mentioned and described
in said Resolution of Intention number
ed 230, which Resolution of Intention
is hereby referred to for further par
ticulars.
SECTION 2. That the said contem-
plated work or. improvement in the
opinion of the said Board of Trustees
of said City of Ell Centre is of more
than local or ordinary public benefit
and said Board of Trustees by, and
in, the aforesaid Resolution of Inten-
ton made the expenses of such work
or Improvement chargeable upon p dis
trict, to be assessed to pay said costs
and expenses, which district is shown
by a plat ON file in the office of the
City Engineer of the said City of Ell
Centre to which plat reference is made
for the boundary line, showing the ex-
tent of territory to be included in the
assessment district, which district is
also described in general terms i'll the
aforesaid Resolution of Intention mum
bered 230 to which plat and Resolu-
tion of Intention reference is hereby
made for a more particular descrip-
tion, and for all details as to the ex-
tent of said assessment district.
SECTION 3. The City Engineer is
directed to make diagram Of the
property affected or benefited by the
proposed work or Improvement as des
cribed in said Resolution of Intention
and to be assessed to pay the expenses
thereof. Such diagram shall show
each separate lot, piece or parcel of
land, the area i'll square feet of each
OF said lots, pieces or parcels of land,
and the relative location of the same
to the work proposed to be done, all
within the limits of the assessment
district.
SECTION T. The Board of Trustees
determines that serial bonds shall be
issued to be secured by the assessments
WHICH shall hereafter be made to pay
the cost of said work or improvement,
and notice is hereby given that serial
bonds to represent unpaid assessments,
Imperial Valley press., 1922-10-27

RELIABLE, middle aged woman, good
cook, desires position as housekcep-
cr. Call Mrs. Engquist. 1861.
2632
Imperial Valley press., 1922-10-27

IOST-Telephone company badge.
Finder please return to telephone of
flee. 24t5
Imperial Valley press., 1922-10-27
LOST AND FOUND

LOST-Black and white bull pup, 81
months old. Phone $500 or 517. Holt
street. Zbt.
Imperial Valley press., 1922-10-27

LOST-Onc black mare mule, brand A
left hip, sore on front leg. From adj
dress Route !, Box III, El Centre,
Calf. 2lt6
Imperial Valley press., 1922-10-27
MONEY TO LOAN

MONEY TO LOAN on automobiles
contracts bought. Fred q. Cross, 67t
2 Main st. Phone359J.
Imperial Valley press., 1922-10-27

LOST-One wire wheel and n tire, be-
tween Ell Centre and Brawley. Noti-
fly f.. j. Bates, Z. o. Box 295, Braw-
ley, Cal. 25t3
Imperial Valley press., 1922-10-27

CHILDREN cared for by day or half
day. 555 Vine st. 25t3
Imperial Valley press., 1922-10-27
VEGETABLES

Artichokes-Choice, per lug 13.0o@
1900.
Beans-10M14.
Bunched Vegctables-Per dozen: Car
rots, 50@60; Turnips 45@55; Beets 45
>o55; Parsley 30; tarsnlps 80; Cabbage,
per doz. 75Ml.00.
Cauliflower--Per dozen 1.00@1.50.
Celery-Pcr crate, local, 2.00M3.00.
Lettuce-Per crate, local, 1.2502.00
Demonstration Red, cwt., .4Oe,
l.50; Yellow, cwt., 1.40M1.50.
Peppers-Bclls 65@S5; Chilis 75@
LOO.
Potatoes-Rivers L00@1.15; Idahe
and Washington Melted Gems, l.65(d
1.85; Salinas 1.90@2.0o; sweet potatoes
~ @2H.
.Tomatoes-Peninsula 1.25M1.75 pei
Hug.
Imperial Valley press., 1922-10-27
POULTRY

IOOLA S~
Broiers-l to III lbs. 3f@36, to
2H lbs. 30M32.
Fryers-27@29.
Young Roosters-Colorcd 31s lbs. ana
lp 27@29; shaggy 2lW23.
Colorcd Old Roosters-17@1S.
Leghorn Old Roosters-14@15.
Leghorn Hens-212 to lbs. 1890;
}lbs. and over 22M23.
Large Colored Hens-230Q29
Ducks-Young 18M20.
Geese-Young 20M22.
Live Turkeys-old 32@35; spring
36@39.
Dressed Turkeys-Nominal.
Belgian Hare-Live 15@lS; Dressed
1923.
Squads, live fancy, 50052
GRAIN
Barley Feed-1.37h@9l4219; ship
ping l.45@1,55.
Wheat-Milling 10OM1.95.
White Egyptian Corn-2.00W2.
Oats-Red, feed, l.60@1.75.
Imperial Valley press., 1922-10-27

WANTED-Wipdow washing, walls
cleaned and general houseeleaning
Jack Smith. White. Call III, FL
Centre Hotel. este
Imperial Valley press., 1922-10-27

DRESSMAKING-Plain and fancy.
700 Olive. 25tl2
Imperial Valley press., 1922-10-27

Observation-Disclosures methods. 631
Olive. Phone 6l3. 25t30
Imperial Valley press., 1922-10-27

LOST-One black and white Holsten
hefer, just going dry. Brand left
hip, j. w. S. Missed for ten days.
j. w. Stevenson, Box l2S, Imperial.
25t5
Imperial Valley press., 1922-10-27

ANOTHER MORRIS CHAlR-Gcnu-
inc Royal Easy Chair. Heavy oak
frame. A perfect huy at $3.50. I'm
pcrial Valley Hardware Coz Used
Department. 2ol6
Imperial Valley press., 1922-10-27

WANTED-Boy over eighteen. Jos.
Mintz g. Co., 3rd and Main. 25t3
Imperial Valley press., 1922-10-27
L0dgeDirectory

Ell CENTRO LODGE B. p. o. q.
Meets every Thursday in Elks' Hall.
Sixth and State SITS. Visitors welcome
at club and lodge. Saml w. Dunaway,
e. R.; @. q. Corwin Secretary.
Imperial Valley press., 1922-10-27

FOR SALE--40 acres, highly improved,
and close in. 100000 cash, balance
easy terms. Price $9000.00
40 acres on highway, none better, will
divide and sell in tracts to suit.
Shall payments. Plant grape fruit
on this and be Independent in few
years.
10 acres with neat little house, one
mile of town for rent or sale.
When you want to buy or sell dairy
cows think Of us, you know wd sell
'em.
KING & HANCOCK
Sl7W $40 Main ut
Imperial Valley press., 1922-10-27

WANTED--Wom for general house
work, wages $50 per month. Phone
1T2, Calexico. Mrs. Fred Gunterman.
24t5
Imperial Valley press., 1922-10-27

FOR SALE--Attractive place, . miles
west of FL Centre. Two story, mod
ern house. Two acres in grapefruit.
Press, Box 19l. 26t3
Imperial Valley press., 1922-10-27

BEAUTIFUL William and Mary solid
Oak Library Table. A truly great
buy at SIS. Imperial Valley Hard
ware Co.'S. Used Department. este
Imperial Valley press., 1922-10-27
KNIGHTS OF PYTHIAS

UT
Regular meeting every Tuesday night
at s o'clock, X. of P. Hall, 5th and
Main Streets. Visiting brothers vel
come. BOB CHESTNUT, *. of r.. &
S.
Imperial Valley press., 1922-10-27

secondhand barbed
wire. Chester Vaughn, Seeley. Phone
70F32 Imperial 23tl2
Imperial Valley press., 1922-10-27
NEUTRALITY-SUSPICIOUS.

WANTED-All kinds of junk, hides,
wool, sacks, rags, iron, brass, copper,
etc. Jos. Mintz & Co., Third and
Main st. 14t15
Imperial Valley press., 1922-10-27

FOR SALE-Furniture for "a rooms
and house for lease. Call at 240
n. 4tb. 21t6
Imperial Valley press., 1922-10-27

FOR RENT-Room, sleeping porch and
summer comforts. 653 State. 6tf
Imperial Valley press., 1922-10-27
FOR NEUTRALITY-SUSPICIOUS.

TOR RENT - Furnished apartment,
Park View Apty. 20tf
Imperial Valley press., 1922-10-27
NOTICE OF SALE OF REAL
ESTATE

IN THE SUPERIOR COURT OF TIL II
STATE OF CALIFORNIA, IN AND
FOR THE COUNTY OF . "A N
DIEGO.
The New York herald., 1922-05-30
Coca CoIn's Advance.

The sight OF Coca Cola stock at 67A
yesterday. new high price, drew a
sharp contrast with the hard row the
shares found to travel when they were
put on the market late In 1919 Coming
out in the tail end of the last big boom
it was not surprising that the stock was
slow in being placed when the COM
pany, like many large consumers. found
itself with contracts for exceedingly
high priced sugar in the next year the
shares slipped down from around 40 to
IS. Last year the range was 10 to 431I.
The recent buying has been based on
reports that net earnings were running
at the rate of $40 share a year, which,
IL proved true by actual figures, should
be beneficial to the surplus account,
whatever happens to dividends.
The New York herald., 1922-05-30
Wage Ruling PIenses Rail Men.

A more optimistic view of the trans
portation outlook was voiced yesterday
by railroad executives as a result OF
the Railroad Labor Boards action in
cutting the wages of railroad common
labor by about $4s,000,000 a year.
When the carriers began their recent
move toward wage reductions their idea
was to eliminate the remaining 10 per
cent. of the 221a per cent. general in
crease Of 1920. About 12k per cent.
was wiped out last July. The present
cut i'm the pay of the maintenance of
way men puts them at even lower
scales than prevailed before the last gen.
eral increase. Beginning July / their
maximum wage will be 80 cents an hour.
against the 3eh cents which was being
paid prior TO the general increase In the
summer of 1920. In the opinion OF rail
officials the present decision augurs
well for the roads In other pending wage
applications. covering virtually all other
classes OF railroad workers. Talk In
some quarters was that employees In
train and engine service might get off
with lighter cuts. because of their fall
ure to share all the increases that were
made In the period of Federal control.
The New York herald., 1922-05-30
FINANCIAL NOTES.

The New York Trust Company mas
been appointed registrar of the preferred
and common stock of the Moon Motor
Car Company of Delaware
Dean. Onativia & Co. have removed
TO temporary offices at 50 Broadway
while awaiting the completion Of their
permanent offices in the new Stock Ex-
change Building.
The Guaranty Trust Company of New
York has been appointed transfer agent
of the stock Of the Triumph Pictures
Corporation. consisting of 125,0oo shares
~ preferred stock and $4,000 OF com
mon. each having par value of sic.
NJ. Rothenberger OF jerome II. suiii-
van & 90. has been elected member
OF the New York Curb Market. Jerome
u. Sullivan IL Co. now have two MEM
berships on this exchange.
On account of the expansion of United
States steel Corporation subsidiaries In
the corporations building at IL Broad
way. the offices OF Hartshorne. Fales
& Co. have been moved from the twelfth
floor to the sixth floor OF that building.
The New York herald., 1922-05-30
Great Strength of Standard Oils.

The Imperial Oil Company, Ltd, OF
Canada, owns about so per cent. of the
International Petroleum Company's
shares. a situation which naturally
makes one stock sensitive when the
other begins to move. Imperial Oil yes
terday shot upward 10ls points, surpass-
ing this years previous maximum by a
large margin. International shares fol-
lowed along with a rs point gain, also
reaching high position for 1922. Some
credence was given to a rumor that the
Imperial Company soon would offer to
buy in the outstanding International
shares, but this was not needed to
explain the movement. for many OF
the Standard oil group We're strong.
Standard of Indiana reached 122 and
at the final quotation OF 1217s II was
3M points higher than on Saturday.
Standard of Kentucky went to 991s, and
even though almost a point was Topped
off near the end of the day the net gain
was Az points.
The New York herald., 1922-05-30
Three Company steel Merger.

The big steel consolidation which
started off with seven companies lined
up at the barrier has been reduced to
three contenders in the home stretch
The proe ram includes the Republic Iron
and Steel, the Midvale Steel and Ord
nance and the Inland companies. These
corporations have a bonded debt of APP
proximately s70.31S,o0o. with 3.3l3, $50
shares of common and 10000 shares OF
preferred stock. The bidding up of Re-
public common stock yesterday to a
new high point of 1874 suggested that
traders were seeking to profit by fore
casts that the shares would go into the
merger at about SO. At the same time
Midvale was rather wabbly around 41ia,
closing with a fractional decline at AIS.
The reported merger figure for Midvale
is As Definite news about the program
is expected on Wednesday or Thursday.
The New York herald., 1922-05-30
Steel Corporation's Dividend.

Predictions that the Steel Corporation
will earn it's common stock dividend in
the current quarter seem to be justified
by all the known figures. although these
are few. In March the net income avail
able for interest. depreciation. sinking
fund and dividends was ss.505 .0oD. The
pro rated charges per month before
dividends, on the basis of the March
quarter. were about s4.47s.000. This
sum. deducted from the March rate OF
income, would leave sass. 900 for divi-
three months. The full dividend require
ments for a quarter are almost exactly
100000 more than this total, but
April and May brought mill activity as
great, IL not greater, than in March. at
higher prices. and the June result is
expected to exceed those of the two pre-
ceding months.