davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-11-05
Our Bumper Crop of Wild Birds

New YORK HERALD correspondent that such
a measure is necessary to complete and
make permanent the splendid work that
has already been done.
According to the terms of this bill, ="
said Secretary Wallace. sit proposes TO ac-
complish two main objects:
a. The purchase or rental and main
tenance of marsh and water areas es-
pecially suitable for migratory wild fowl,
which shall be used as free public shoot
ing grounds in the open hunting season
and safeguarded as breeding and resting
places for these birds in the closed season.
"2. The administration of the migratory
bird treaty act in order to more ade-
quately maintain and increase the sup
ply of migratory birds including not only
ducks. geese and others classed as game,
but the great host of smaller species which
are so vitally essential to the agricultural
interests of the country through their un-
ceasing war on injurious insects.
Reports received by the department
The New York herald., 1922-11-05

Ducks and geese: Increasing to re-
markable extent in every part of the coun-
try: breeding where they have not bred
within the memory of persons now living.
Breeding of black duck this year was es-
pecially noticeable in New Jersey, Della
ware and Maryland.
Shore birds: Undoubtedly on the in
crease. Willet and curlew. two of our
largest and most important shore birds,
which We're near extinction a few years
ago. now coming back in great numbers.
There is at present no open season on
them. The three kinds of plover, for which
there is an open season, are also increasing
rapidly. although not so fast as the ducks.
chiefly due to the fact that they lay only
from two to four eggs, while wild ducks lay
clutch of twelve to eighteen eggs. or as
many as they can cover.
Whistling swan: No open season: in
creasing to such an extent that they have
become almost a nuisance in some locali-
ties. Some gunners think they are de-
The New York herald., 1922-11-05

from all parts of the country agree that the
alarming decrease Of migratory wild fowl
which preceded the negotiation of the mi
gratory bird treaty with Canada and the
passage of the act by Congress for the pro-
lection of migratory birds has changed to
a marked increase
These reports show a cumulative in
crease not only in such migratory wild fowl
as ducks. geese and other game birds, but
also in many insect eating birds. Good evil
dence of the increase of migratory wild
fowl under the migratory bird treaty act is
contained in the report of the State Game
Warden of Minnesota that during the
hunting season of 1920 about 100000 wild
ducks were killed in that State. The meat
value of these and other migratory game
birds killed in that State in 1920 undoubt-
edly exceeded s2 900. 900. This indicates
the economic advantage to the country at
large to be derived in food value alone from
the enactment of this bill
1T is evident that the carrying out of
the proposed conservation program under
the Federal hunting license law would in
crease the total value of migratory wild
fowl taken by hunters each year in the
United States by millions of dollars in adj
dition to insuring the perpetuation of this
valuable natural resource.
another step of almost equally vital
importance. if We are to hold what we have
gained remains 10 be taken. This is pro-
vided in the present bill, and consists of the
conservation and perpetuation of a suffi-
cient number of small inland lakes, as we'll
as coastal swamp and marsh areas. to pro-
vide our migratory wild fowl necessary
feeding. resting and breeding places within
the United States"
Secretary Wallace said that in addition
TO the returns of water areas in wild fowl
they may also yield the following products:
l. A valuable supply of food and game
fish.
2. An annual return of furs from such
The New York herald., 1922-11-05

ing drainage of marsh areas threatens the
continuance of one of the most popular
kinds of hunting. With the growing con-
gestion of population and the unrest which
such massing produces the maintenance
and development of opportunities for out
door recreation such as is here contem-
among legislative measures bearing upon
the public welfare. Throughout the United
States a very large proportion of the men
who spend a certain period each year in
hunting are undoubtedly among our most
desirable citizens. Through their outdoor
recreations they develop their resourceful-
ness and maintain physical and mental
health which is of the utmost value in re-
lation to their civic usefulness"
Many of the most favorable marsh areas
for wild fowl shooting have been purchased
and are being held by wealthy sportsmen
as hunting clubs. thus curtailing oppor-
tunities for wild fowl hunting by the gen.
era public. The growing absorption of
such areas by hunting clubs has created
bitter criticism on the part of those who
through lack of means. are unable to enjoy
the enactment of the present bill will give
the public equally good shooting grounds
and privileges with those of the wealthiest
clubs. but without individual additional
cost 1t should completely destroy the
cause for the antagonistic feeling on the
part of the public in many sections toward
such clubs
THE maintenance of public shooting
grounds concluded Secretary Wallace,
would provide for the benefit of residents
in both country and town large opportuni-
ties for continued wild fowl shooting that
will be impossible in any other way. II
might. in fact. be stated that the bill will
provide Federal shooting clubs for the BEN
eft of the general public at the nominal
cost of Federal hunting license of 81 a
year."
The New York herald., 1922-11-05

fur bearers as the muskrats, skunks and
raccoons frequenting them.
8. The production in certain areas of
grasses valuable for forage and for the
manufacture of grass rugs, which has be-
come profitable industry also, in some
places. the production of willow suitable
for basketry and other purposes.
4. A natural ice supply
D. Definite help in maintaining the UNDER
ground water level which is frequently
essential for the production of forest growth
and other vegetation.
8. An invaluable help in holding back the
runoff of flood waters, assisting in prevent
ing excessive erosion and flood damage.
There is little doubt that if shallow lakes
and swamp areas along drainage ways are
Systematically drained the danger of ter
rife floods and the enormous destruction
of lives and property will be seriously in.
creased, Mr. Wallace believes This effect
of extensive drainage work deserves. in his
opinion. careful attention in view of its
The New York herald., 1922-11-05

curate information | have selected the fol-
lowing samples from New York State as
typical of those from every section of the
country
Best shooting IN fourteen years. I have
shot shore birds in Lawrence. Mr. New
bold Herriek's records for twenty
years show the same From II. F. stone
The Moorings. Lawrence l.. l.
II am reliably informed that wild fowl
twenty years and that there was a notice
able increase in the amount of woodcock." :"
From r. F. Chapman, Hamburg, n. Y
Canadian geese more plentiful than ever
before In this section Woodcock seem to
be plentiful Largest flight of yellowlegs
ever seen near here: 10000 in one hour
From p S. Farnum. Owcgo. n. Y.
Black duck is undoubtedly leader In
numbers in this locality. Great blue heron
also increased probably 25 per cent
From Edward c. Dunning, White Plains.
Already the ducks and geese are begin
ming to appear in large flocks south of
Washington on the Potomac and Patuxent
rivers and all over Chesapeake Bay. that
paradise for Wild fowl. Albert Poe whose
knowledge of wild life on the lower Poto-
mac is scarcely equaled among the local
river men says he has never seen them in
such numbers. and the writer. to whom Mr.
Poe made this statement, can corroborate
the assertion after witnessing the flight
one afternoon and evening this month.
Bill Watson, over on the Patuxent, has
sent word to his friends in Washington to
be ready for the biggest season for black
ducks and mallards in fifty years. Will
lam E. Curley, at Calvert Bay, on the lower
Potomac, sends the same word regarding
the "open water" ducks that prevail in
those waters.
The reports concerning the increases in
the various sorts of migratory game birds
received by the Biological Survey may be
summarized as follows
The New York herald., 1922-11-05
By DONALD A. CRAIG.

N n IGRATORY gama birds are appear
NI ing in larger numbers this au-
all over the United States than at
any time for the last twenty years. Wild
ducks of many Species wild geese, curlew,
willet, black bellied plover golden plover
yelowlegs. whistling swans and rails are
flying southwark and dropping into the
rivers, lakes, bays marshes and swamps
in such numbers as to delight the hearts
of sportsmen and bird lovers from the
Atlantic to the Pacific Even the shy
woodcock is little more than holding its
own.
This cheerful news comes only few
short years after the alarm that was
sounded throughout the nation that our
splendid heritage of wild fowl was being
rapidly wiped out of existence. 1t is no
The New York herald., 1922-11-05

ueunlte relation TO
the public welfare.
Z. Many of the more
attractive of such
water areas lend
themselves admirably
for educational uses
and to assist in in
teresting people in
outdoor recreation
and in the natural
resources of plant and
animal life which are
so important in sup
plying useful COM
modities.
There is little ques-
tion," Mr.. Wallace
added, that the
greatest benefit of all
from the establish
ment of public hunt
ing grounds through
the enactment of the
present bill would be
its contribution to the
public welfare.
AT the present time
it is estimated that
more than 100000
people in the United
States engage in
hunting IF one kind
or another each year.
The rapidly increas-
The New York herald., 1922-11-05

longer guesswOrk-
this story of the in
crease in our wild fowl
nor is it based upon
haphazard port S
from irresponsible
and unframed observ-
ers. The fact of the
big increase this year
is substantiated by
the migratory bird
division of the Bu-
reau of Biological
Survey, United States
Department of Agri-
culture, which is
charged with the en-
forcement of the Fed
eral game regulations.
under the migratory
bird treaty with Ca
NADIA and the law
enacted by Congress
to carry out the
treaty.
In the Office Of the
chief United States
game warden is kept
a card file of reports
from Federal wardens
and deputy wardens
in every State, and
from observers upon
whom the Depart
ment of Agriculture
is able to rely for ac-
New-York tribune., 1922-09-27

Tt figure the precise Weld on bond Il
is necessary to yield tables. but tn,
out by the following formula: Divide the
closing quotation on bond into the rate
below par you must allow also for the
appreciation OF the principal. TO do this
subtract the market quotation from par.
fore maturity. For example, IL per
cent bond is selling at 90 and has ten
years to run, the annual return will be 66s
per cent. The difference between par and
the market price will be 10 points, sub
tracing 80 from 100. Dividing 10 points
by ten years the quotation Will be /. This
annual return. and the result. 1855 Der
cent. will give you the approximate yield.
New-York tribune., 1922-09-27
Stock Lacks Marketabjlitv

Question: haze few shares Of Com
preciate your advice on the folIowinsr o,,as.
tions In connection with the above. What
is rs present day value? From last re-
InE's what afe he prospects of a market
on or selling il market is created "a. IS
Answer The Commonwealth Silver
Mining Company has a mailing address
at I49 Broadway. We were Informed
that the company has advised IT'S stock
holders Of an existing suit, pending set
tlement Of which operations of the
company are held in suspense. No
financial statement is available and we
Go not know Of a market for the stock
OF this company.
New-York tribune., 1922-09-27
Considering Three Bonds


ment on the following bonds: Paterson
Railway Company 6s New Jersey G. Hud :
son River Railway & Ferry As: also on
stock Of 11ehigh Valley Coal Sales Com
paRy kindly explain difference between
bolds and stocks. Which are safer !?
Nj. W.
Answer-The New Jersey &: Hudson
River Railway & Ferry 4s are the bet
ter Of the two bonds you have under
consideration. The properties of this
company are operated under lease by
the Public Service Corporation, of New
Jersey, the latter paying interest on
the bonds and dividends on the stoc.,
OF the ferry company. We consider this
good investment. The Paterson Rail-
way 6s are second grade public utility
issue, hardly suitable for person who
must have conservative investment. We
consider Lehigh Valley Coal Sales Com
pany stock as deserving of rank among
the better common stocks. The princi-
pal difference between bonds and stocks
Is that stocks represent q share in the
ownership of corporation while bonds
are evidence Of loan made at a
definite, unchanging rate of return. The
stockholder Is entitled to a share in
the excess earnings of company in
the form of dividends, receiving, as q
rule, extra disbursements in times of
unusually large earnings, but bearing
the brunt Of deflation in periods of de-
preston and inadequate earnings. The
bondholder is not entitled to receive
for his loan any more than the COUPON
rate, but he is compensated for this re-
striction by the superior safety of his
investment. A bond is an obligation
winch must be met before anything
can be. paid to stockho holders. 1t is Sc
cured by mortgage on the property
of the issuing company, by stock or
bond collateral, or simply by the earn
ing power of a corporation In the last
named case bond is called a deben-
ture. Many high grade investments are
merely debentures.
New-York tribune., 1922-09-27
London Market Dull

LONDON Sept IS. Trading was
dull on the Stock Exchange to-day.
Gilt edge securities were weaker and
oil SHARES easier. British industrials
were quiet Bar gold was quoted at
9Ss cd; money was loaned at ia per
cent. Discount rates were: Short and
three month bills, 2ss per cent.
Consols for money were quoted at
565s, British 5 per cent loan at 99Ss
and British 4 y per cent loan at 963t
Closing stock quotations were:
New-York tribune., 1922-09-27
Bank Stock Suitable

Question-~As reader Of your valued
column ! take the liberty to make inquiry
Gorcerning stock Of Mechanics and Metals
'ank This is quoted as paying a tivi-
dend Of 55 per cent quarterly. with per
cent extra What is the great risk that
tHis stock should pay such large diyi-
dehu DO You think it suitable as an in
Sestment ter power plant craftsman who
inleretotore has pinned his faith on electric
iibht ana power stocks e. l.. Il.
Answer-You have been misinformed
on the dividend rate of Mechanics and
Metals Bank stock. 1t pays 20 per cent
quarterly, and extra dividends Of 2
per cent each were paid in January and
July this year. The stock sells around
4o5 to 40 share, so the return is
slightly less than 6 per cent. We con-
slider 1t suitable for your purposes.
New-York tribune., 1922-09-27
Union Pacific Road
Shows a Decrease
1n August Income
Net Drops S1,549,219 as
Gross Earnings Fall
$2,4l3,7 1888; big Four
Also Reports Declines

The report of the Union Pacific Sys-
tenn for August showed gross earnings
Of S17,627 800, decrease Of s2,413,738
from the sponding month of 1921.
The net operating income was s3,122,-
sci, a decrease of s1,549,219. The
Cleveland, Cincinnati, Chicago g. ST.
Louis Railway reported total operat-
ing revenues of s7,oo3,oo0, which was
decrease of 5000 Net showed a
decrease Of S104000.
Union Pacific Svcfem
New-York tribune., 1922-09-27
Driver Harris So

Question--Amoag other securities in an
estate for which I am one of the execu-
tors there Is an unlisted bond as folows:
Driyer-llarris Company first mortgage 3
per cent, 1891. Any Information you may
give me in regard to same ] will appre-
clate.-E. X. T
Answer-Driver-H Harris Company IS,
1881, were originally offered in April,
1921, by A. B., Leach & Co., at 99M.
They are secured by plants In Harri-
son, N. j., the appraised replacem ent
value of which is $2,oO0,Oo0 The au-
thorized issue amounts to $2,oo0,oOO, of
which $1,250000 are outstanding. The
bonds are second grade and are nomi-
nally quoted at 961a bid, offered at 100.
We know Of no recent sales at these
figures.
New-York tribune., 1922-09-27
Pennsylvania Railroads
Stockholders Again Drop

The number Of stockholders Of tas
Pennsylvania Railroad decreased IN
August for the sixth CONSECUTIVE
month. The total on September vas
137,SS3, compared with 1925 on Al-
gust /, decrease of S92, and de-
crease Of 2,687, compared with SepFsn-
ber l, 1921.
The record number of stockholders
to date was reported on March ! lsss'
at 141,921. Coincident with the oe-
crease in holders there has been an
increase in the average holding, we
September figure beng 72.42 SHARES,
compared with 1921 on August ana
1896 on March 81 last.
New-York tribune., 1922-09-27
Dividends


ST. Joseph Lead directors have decisIsss
the regular quarterly dividend OF 2 csass ass
a share. and an extra dividend OF :. esNs %
a share Both are payable December y
to stockholders Of record December
Nipissing Mines directors have essae.sr asr
the regular quarterly .divids nd OF ,t ~
Both are payable October 20 to stoeA'
holders OF record September SO ~...t.
Company. Rate Period able. holaelsss
Alliance RealtN Co 90 {. oct ~ Oes -
New-York tribune., 1922-09-27
German Debt Continues Gain

BERLIN, Sept. 26.- -Germany's float
ing debt increased between September
10 and September 20 by ls,44o.ooo 0uu
marks.
New-York tribune., 1922-09-27
Would Sell A. t. & T. Rights

ouestion-win YOU please give me the
benefit of your financial advice In regard
stoclss2 have over City shares of the
stock Is II wise to buy any more of IL !?
am. holding the. stock for investment
company is issuing stock ana sends
Ine word that / may have one share in
1--WE at par 500 or can sell my rights
Now the rights" are selling at 81 a
fraction over. Ny question is this; Why
wouldn't 1t be better business TO buy the
shares at par and sell them at the present
each share instead Of So the price OF
rights? don't see why s23 isn't better
than So. AS say. I want the money for
Ing business here who says / have enough
of tho stock now, and l am trying to put
every spare bit of money into bonds, 1
have to earn my living and must be very
careful. May ! ask what bonds paying 6
per cent do you recommend at this time I?
Miss l., @. g,
Answer-You should either dispose
of your rights" or take advantage of
the privilege and subscribe to addi-
tional stock, since the value of the
rights" will disappear after October
81. If you feel you hold sufficient stock
at present, it may be we'll to dispose
OF the rights" The apparent dis
crepancy in the price of the stock and
the value of five rights" is explained
by the fact that when all the additional
stock is issued the capitalization will
be increased 20 per cent and 1t is only
natural to expect the old shares, with
market value around 100 to 121 (ex-
dividend) TO settle to lower level whe n
the new stock is issued at 100, as some
of it will be after November l. OF
course, the new shares will have q
market value Of 120 or more, since
there Will be represented in them the
value of five rights" about S17.5O
and $2.75 in an adjustment of dividends
and interest. Additional shares will
come out on March /, when other sub.
scribers complete payments and again
on July /, when payments must be
completed. AS capitalization is thus
| increased the market value of each
individual share is decreased. This
explains why the old shares are sell
I ing above the price new shares would
cost if purchased through the medium
Of rights"
New-York tribune., 1922-09-27
Days NesU. Issues
& Weeks and associates

Hornblower & Weeks and associates
have purchased an issue Of approx
mately $s,ooo,Oo0 City of Chicago
bonds, maturing in 1s41. The Offering
price has not yet been fixed, but an
early announcement is expected. The
issue includes S2,695 900 Ogden Avenue
street Improvement bonds, $2,000000
street lighting system bonds and $3,-
100000 bridge and viaduct construc-
tion bonds.
w R. Compton g. Co., West g. Co.
and the Irving National Bank were the
successful bidders for an issue of
$1,375,0 900 of City of Ponce (Porto Rico)
bonds, which are guaranteed by the
Porto Rican government. Ponce is Il
seaport on the south coast of the
island. The successful bid was 10347.
The next highest bid was that of the
National City Company = 109.14 = and
the lowest was 101.53. The bonds are
servial 5s and the average maturity is
ten years. A public offering will prob
ably be made tomorrow.
Caldwell & Co. are Offering a now
issue of 100000 City of Birmingham
(Ala) ~ per cent public investment
bonds, dated September /, 1922, and
due September 1, 1928 Optional 1924
'28. $4,000 annually, at price to
yield about 4.70 per cent to optional
dates. The bonds are redeemable at
1929 and interest, and are free from
all Federal insome taxes.
Il. M Grant g. Co. are offering to-
day $250,0o0 City Of Montgomery Gala J
rer cent school bonds, due July i,
1862. at price of 106la and intere at,
to yield about 4.60 per cent. The latest
financial statement gives the real value
of taxable property of the city of
Montgomery as S98.000.000 and the net
bonded debt as S2,040,143
New-York tribune., 1922-09-27
Tine to Eux or Sell?

BaitiInore & Ohio common and Why
~-P. q.
Answer This column is devoted to
offering suggestions on investments
and not on speculations such as would
be involved in trading in Baltimore &
Ohio shares. In other words, we can
not predict future prices and we do
not undertake to advise whether this is
the time to sell or buy"
New-York tribune., 1922-09-27
Days Dealings in Bonds
The Market

The unsettlement Of sentiment inathe
speculative markets reacted on trading
in bonds yesterday. In market of re-
stricted activity the upward movement
was checked and prices tended to de-
cline. The changes were slight and
represented nothing more than q
change in the temper of traders.
New-York tribune., 1922-09-27
Investment
Information

Questions Of general interest TO i,,-
restors teil be cBsteered II, this cot
untfs, ia sehfch eGs~ oHiy initials ietif
be used. Others aoiu be dnsweyed bv
mail. address oil Inquiries. iacios-
t,ig q stefaped. addressed cnpslope, to
EtaGnoidt Editor. The Tribune, isS
NassGu Street, Noiv York City.
New-York tribune., 1922-09-27
Chicago & Northwestern
Paris Market Irregular

PARlS, Sept. 26.-Prices moved irreg
ulariy on the Bourse to-day. Three per
cent rentes, 61 francs rs centimes; ex-
change on London, 81 francs SO CEN
times; s. per cent loan, II francs. The
dollar was quoted at Is francs IA CEN
times.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1922-07-29
REGISTRATION BOOKS
CLOSE THIS evening

The registration books for the pri-
maries, which will be held next Tues
day, August /, will close this evening.
No hour for closing the books is des-
ignated, that being left to the option
of the registrars. The books will
remain closed until the Saturday after
the primaries, when they will be open
for the registration of voters again,
remaining open until the Saturday
prior to the general election.
While the registration is reported
as not being large, many names have
been added to the lists in the Mos
COW precincts this week, bringing the
registration in the city pretty well
up. Reports from outside precincts
are to the effect that the country reg
istration is very light. The farmers
are busy and the vote outside of the
towns will be extremely light.
The primary election is held under
the direction of the several party or
ganizations, the ballots being deliv
cred to the precinct committeeman by
the sheriff's office. In Latah county
the republican and democratic parties
are the only ones putting tickets in
the field. In some counties, however,
the new progressive party will nom
mate county and legislative tickets