davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-01-31
Danish Banks Losses
Force Reorganization
Copenhagen Institutions to
Take Over Diskonto and Re.
visions: Reach SettIernent

COPENHAGEN, Jan. 30 (By The AS
sociated Press).-The Copenhagen Dis
kontobank and Revisionsbank. with
share capital of 4e.O0O,OoO kroner. is in
difficulties, having financed weak con-
Germs with large holdings in German
marks. The Minister of Finance met
the directors Of the other Copenhagen
banks yesterday to consider joint ac-
tion to guarantee the depostors frim
loss.
Investigation showed that the bank
had lost 5o,0O0,o00 kroner. The di-
rectors of the others banks agreed to
continuance of the institution on con-
dition that its share capital be re-
duced from 4S,000,00O to 22 100000, and
its reserve fund from 100000 to q
100000.
The Danish National Bank will guar
antee new share emission of 14,O00.-
000kroner. deemed necessary to cover
the balance Of the 5O,000.000 lost In
banking circles it is believed that these
measures will re-establish the Diskonto-
bank and Revisionsbank on sound
foundation
New-York tribune., 1922-01-31
Baker, Watts & Co. and Hambletor
Financial Items

c. Howard MARRIED.. president OF IN.
Association OF Reserve City Bankers ana
vice, vi president Of the seaboard National
BANK. yesterday announced that the board
OF directors OF the association. at its mid
winter meeting in New Orleans on January
81. decided TO hold the annual convention
In Kansas City May % and 49,
NORRIS Hart. formerly with Sloane. Peil
q Co. ia now III Jorge OF the Canad dian
bond department OF Walton & Co
Howell Evans. formerly with the Guar
anty Company. has become associated With
W. w. Sutton Co. sales manager
William Byne Sd. until recently manager
OF the Detroit office OF Bonbright CO..
has been transferred to the Boston Office
OF the company, where he Will be sales
manager. -:
Sales Of all Piggly wiggly stores for
December totaled s6.lsl.3<7., and for tho
year 1921. $63.22o.a1s. according to
statement issued yesterday.
The Chase National Bank has been ar
pointed registrar OF tho newly issued prior
preference. senior preferred. preferred and
common stock Of Allied Packers Inc
First registration was on January "a.
The Consolidated Stock ExchanEes yes
terdsy anpounced the suspensicn Of Eu.
Sens J. Callahan
New-York tribune., 1922-01-31

were hcavy. foods in the Pueblo dis
trlct IN Colorado, and il is estimated
,nal during the latter part of 1921 and
the early part of 1929 $2,O75,ooO Of cx
.faofd'nary maintenance will have to
De spent to restore the property to ap
fifvNiSratsi the condition it was in
prior to the floods. 1t would appear
although no definite statement to that
ehect is made, that large part of
,hls extraordinary maintenance is con-
."ihcd IN the eleven months statement
Tor expenses of the receiver.
Sums for Improvement
Joseph II. Young. the president Of
the new company. has estimated that
IL the years 1922 to 1926 S15.791 900
VIII be required for improvement to
dn one proper'y: and. in addition. 81
oaosouo VIII be required for replacc-
ments, chargeablc to operating en-
penses. OF the total 1888 900 will be
required for additions and betterment.
chargoable to capital account. and ST.
sosOoo for new motive power ' and
equipment. After the $4,000 900 pro
vided for in the reorganization plan
has been paid into the new company
and expended. future capital require
ments arc to be met through the sale
OF the new unlfying bonds, which arc
to be unlimited in amount.
The reorganization plan may be de
clared effective by the Western Pacific
If 80 per cent of the holders of the
refunding mortgage bonds agree to ex.
change their holdings for securities Of
the new company by May 2S. 1922, and
the plan may be declared operative by
either the Western Pacific Corporation
or the reorganization committee if so
per cent or over Of the holders of re-
funding bonds agree to tho plan and
deposit their bonds.
The reorganization plan does not
provide definitely AS to whether the
property shall be sold under foreclos-
urc Of the refunding mortgage Of the
Old company or whether the rcorgan-
lzation shall be q voluntary onn
New-York tribune., 1922-01-31
Days Ne,u Issues

Blyth, Witter & Co. are Offering n
new issue of S2.5OO0O0 Z per cent col
lateral trust fifteen-year bonds of
Theodore H. Davies & Co.. Limited, in
corpoated under the laws of Hawaii, at
99Aa and interest, to yield ITO per
cent. The bonds are non-callable until
January /, 1925, and thereafter, as a
whole or in part. at 1929 and interest.
Proceeds will supply additional work
ing capital to enable the company TO
finance the needs Of its allied interests.
Baker, Watts & Co. and Hambleto
& Co. are Offering at par and
interest new issue of -$l,75O,-
900 Indiahoma Refining Company first
mortgage twelve-year 8 per cent con-
vertible sinking fund bonds.
New-York tribune., 1922-01-31
Canadian Pacific Shows
Increase i'm Earnings
Despite tnbroken Decrease i'm
Gross Since February. Fig
ures Improve Monthly

MONTREAL. Jan. so. - Earnings Of
the Canadian Pacific Railway for the
year ended December 81 showed salts
factory increase in net returns. despite
an unbroken decrease in gross since
February. Net returns were s34,201,740.
compared with s33,153,044 in 1920. an
increase Of 81 ,o4S,695. Gross for the
year was Sl93,021, ,S54, a decrease Of
s2S 91G,494.
The increase IN. net in the face of
market decreases in gross is the result
Of drastic scaling down of operating
expenses. which are shown at $685.
S20,114, compared with s13S,488.S04 the
previous year. This saving is better
visuaizcd in the fact that the ratio
op operating expenses to gross income
during the past year was S1.20 per cent,
as compared with s. per cent in 1920.
For the month Of December net earn
ings amounted 70 s1,917,7Sl, decrease
Of s304,291.
New-York tribune., 1922-01-31

To figure the precise yield on a bond Il
is necessary 10 use yield ahtes but the
approximate yield can roughly be figured
out by the following formula: Divide tho
closing quotation on a bond into the rate
OF the annual return. II the bond Is selling
below par you must allow also for the
appreciation OF the prlacipa: To do this
subtract the market quotation from par.
or 100. and divide the remainder by the
fore maturity. For example: II s per
cent bond is selling at go and has ten
years TO run. the annual return viii be
6.66 per cent. The difference between par
and the market price Will be- 10 points
eubtracting 80 from 100. Dividing ten
points by ten years. the 1uotient will be l.
Is the annual return. and the result. go
per cent will give you the approx innate
yield.
New-York tribune., 1922-01-31

NTATEMENT OF ASSETS AND LA
BIlITIES Of TIE FARMERS LOAN
ND 1NO TRUST COMPANY Of New York
SC.y at the close OF business on the
~. .l.' DAY OF December. 1921. az shown by
~ no annual report made by the said bank
-. trust company. to the Auditor Of Pub
w Accounts of the State OF Illinois pur-
.usnt to law. and flsd in the Office OF the
70 ss.o Auditor OF Public Accounts on the
s''a Gay OF January 1922:
RESOURCES
ga ga estate. ;....:.:......-. $4,000 900 90
eisa on hand and due from
oanas Observation-Disclosures. 22,117l9sa
sSne on real estate, being
usst Hens thereon 1s4se77e 90
~ ESsns on pledges OF securities 472s7ls35o
oth.ss and bonds. ......... 5l.e2s,76e.6S
si r teeources. including ac-
oy.,std rsa.d interest. ........... sos.75ssl5
0v.secrai's ..sio,os1l3
ofefts secured 7ls4273
- ses3s~
New-York tribune., 1922-01-31

Cleveland. Cincinnati. Chicnro & -,

Dec. tot. OF. row.. sso91 noo g. .tnnn
Transportation exp $50 ono " =
NcinteDancc charscs s154 noo ,s,o' y y y
.V,'i oN expenses. 2,Cal 900 slIc ooo
.,~,,i, 10 ''''''... ",o"O.oc0 l,323,00o
New-York tribune., 1922-01-31
Reorganization
OF ID. x II. G.. by
New Mortgages
Cancellation of Present Ar
rangement and Exchange
Of Bonds Suggested bv
the Controlling Interest
$1O,O 600. 900 Cash Raised
Western Pacific VIII Provide
Funds i'll Exchange for New
Common Stock of No Par

The reorganization plan of the Den
yer & Rio Grande Railroad. made pub
nc yeste rday. provides for the cancella
tlon OF the present first and rcfundinc
mortgage, the creation Of two new
mortgages. an exchange of the present
nrst and refunding mortgage bonds for
80 per cent of the junior issue OF the
two new mortgage bond issues and sc
per cent in new cumulative preferred
stock, and the provision Of sl0,0Oo,O0
cash by the Western Pacific Corpora.
',on IN exchange for new common
stock OF no par value
The Western Pacific Corporation j.
? holding company controlling the
Western Pacific and owning the Den
YER & Rio Crande Railroad rropcrtv
which 1T bought under judicial sale
subject TO the mortgage bonds out
standing. These bonds consist of:
New-York tribune., 1922-01-31
Days Dealings in Bonds
The Market

Attention OF investment circles cur
rentiy Is centered upon the progress Of
the soldier bonus discussion in Wash
ington and in the subscription TO the
400000.00o Treasury note issue. The
market yesterday reflected this condi-
tion. both in activity and in the in
different movement Of quotations.
fractions bonds were Arm to slightly
better; otherwise. changes in the gen
eral list were insignificant, barring a
squirt in New Haven 8s Liberties dis
played a downward tendency.
New-York tribune., 1922-01-31
To Finance Farmers

WASHINGTON, Jan. 3O.-Formation
of a livestock loan company for
handling the financing of sheep and
cattle in Oregon and Idaho, will be
undertaken soon as result Of con-
ferences of Western bankers with the
War Finance Corporation, it was an
nounced to-day by Managing Director
Eugene Never.
New-York tribune., 1922-01-31
: Canadian Pacj,
Road Abolishes Offices

Following meeting Of the Central
Railroad Of New Jersey yesterday an
nouncement was made that with the
retirement of George F. Baker and Rob
ert ". de Forest the Offices of chair
man of the board, vice president and
general counsel and assistant to the
president have been discontinued. MIR.
Baker was chairman of the board. Mr..
de Forest, who held the title Of vice.
president and general counsel, retains
only the latter position.
New-York tribune., 1922-01-31
Great Northern Shows
Decline iii Expenses
Ratio of Costs to Total Operat-
ing Revenue Drops From 9I.2
fn 7Q.1 in The Yea,.

The ratio Of expenses to total op-
Grating revenues Of the Great Northern
Tor the twelve months OF 1891 was 1915
per cent. as compared with 91.2 per
cent for the twelve months of 1920.
Railway operating income in 1921 was
$12.491 900.
Tho Northern Pacific Railway op-
Grating income in 1921 WAS $7,875, 900,
as compared with $1,973,000 for 1920.
New-York tribune., 1922-01-31

91 New York, County OF New York. 81. !.
officers a .nt rtsrbbins, bl, one of the managing
p, -@aarston. two OF tho directors n 1'ta
porat,nr Loen and Trust Company. cor
sevgh severspir o, the State OF New York. being
states: '"of"' each upon his oath
pose sos., ", no makes this affidavit for the pur-
Of sec,,onocT nocT,plying with the requirements
erai Asas and 10 OF an Act Of the Cen.
titled 80. ply OF the State Of Illinois en-
the AdT,1n an Act to Provide for and Regulate
COMPANIES. Oh trusts by Trust
The hsn1s f. the foregoing report Of the said
OF Decenhar Loan and Trust Coinpanv'
IA ali Ing ing the same. are true ana rorrac.
and beiief e's TO the bes, OF his knowieaee
). ". PERKINS
rEKCY r. pYNE I'd
..snbserfhe1 EDWIN S. MARSTON
fsAasaiy OF January. 1922. ''ose me- TINS
a. a. KNOX. Notary Public
New-York tribune., 1922-01-31

The Bank Of the Manhattan
Company, founded in 1899, was
already established as an institution
in the business life of the country,
when the express service had its
beginning. Indeed, the Bank has
seen, and, in many cases, taken an
active part in the development of
our commerce and industry. Its
service to you is enriched by this
background of experience and
association.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
Crazy Praised By
Legion Commander
For Flag Activity

Dr. l.. y. Emanuel. chairman OF
the AmerlcanIzatIon committee of
Oklahoma for the American Legion.
has received letter form Hanford
MacNider. national commander OF
tie American Legion. in which the
local American Legion officials. the
superlntendents and teachers OF ilic
Grady county schools and the
school boards are congratulated In
having the American flag waving
over every school building IN the
county.
"lt Is fine thing TO have men
and women Of that callbra and initl.
ati,e carrying on the Legion's en-
deevor TO properly serve our coun.
try" the letter states. ut Is my
understanding that now there is an
American flag in every school room
OF The county"
At the national American Legion
In Kansas City, the fact
that Grady county had accomplished
the 100 per cent mark In placing
flags in the schools, was
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
LoUTHAN FOR STATE TREASURER.

Twice honoed by the OF Grady county by election
office the first time sheriff the beginning OF statehood and
the last time November 1920 when was chosen
of the counys representatives the Legislature
Mart b. Iouthan has launched his candidacy for the democratic
nomination for state treasurer.
"A Kentuckian by BIRTH Okahoman by choice democrat
from principle the way Mr. Louthan Identifies himself in in
formation appearing his stationery Thrytwo years ago he
left his native become pioneer the future
Oklahoma and he has lived here of the time
Chckasa where he member OF the first city council and
where he has always been active and political life The
honors which Grady county has bestowed upon him sufficient
evidence the which the people OF him home county have
for him. He has been delegate every democratic
yenon and has always been the firing line when every battle
democracy progress Mr. Louthan has had wide and
varied experience business qualify him for the office he seeks
In his the democrats of the state, Mr..
Louthan says:
"My platform is pledge give the people of Oklahoma the
best service that is solicit and will appreciate the
OF all wo after due investigation find qualified
for and worthy OF the office AS democrat expect nothing
than fair consideration OF my candidacy and whatever the
the past shall be found fighting for the triumph OF democratic
principles and policies matter which, to important
than the personal fortunes of any man.
That Mr. Louhan has definite and practical ideas about the
which the business of the state reasrer office should
be conducted indicated by suggestion which he conveys in
connection with his announcement wherein he says:
"If the Of Oklahoma fit to crafty my ambition
hem funds will be distributed among the various
counties in proportion their taxable property except that dur
crop moving the agricultural districts would be
favored In view of the Importance of agriculture basic in
duy relation all varied business
think that the well render what assist
urhering the marketing of crops The
custodian Of the peoples funds and performing his
constitutional duties the prescribed by law he should
conduct the affairs of his office in way that will promote the
best interests and welfare of the entire state"
The democratic party will recognize of its devoted
adIerents and Okaomas strong box will be safe hands
Mr.. Louthan is elected treasurer.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

"A passed Of White Caps busted
In the door OF JEFF sawney's house
luther night" related Gap johnson,
Of Rumpus Ridge. "They found jeff
in.law and told him they'd eome 10
in'law an dtoId him they'd come 20
take the gent out and whip him.
'Dad.burn u. mem says jeff,
ple,ty indignant. 'IIaInt you got
no feelings a-tall7 Looky at this
hoard witt the checkers laying the
way they do. after I've worked ever
since four o'clock this afternoon 10
get this cusa Just whur wanted
hin ut. and tell me. by gosh. II It's
either fair or decent TO come yur
aud drag him Off Just M I'm about
To skin him alive. fIggeratiycly
spcakingf Any other time In the
living world you could have him and
welcome. but right now cant
sprre him.
We'll, the white Caps studied
the matter over. seed the justice OF
Jcfrs position. and stuck around and
watched the game 10 the end. Then
them and jeff shook hands and
Ihey drug his brotherin.law OFF with
em. Country Gentleman.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

COOPERATE FOR CIVIC IMPROVEMENT.

The civic improvement committee of the Chamber of Com
has launched campaign which every citizen of Chick
asha should cooperate the most earnest Some
flowers and Of paint the simple slogan which has
been selected OF the "fve points the committees program
which involves considerable outlay of
The first feature Of the campaign will be effort enlist
the activity of property in sidewalk building outside OF
the district that has been prescribed by law There
in which walks urgently needed especially in the
vicinity the Northwest school building and any influence that
the committee bring bear the necessary extensions
will be Of great service to the city.
The other points to be stressed are as follows
Improvement Of parking growing of flowers and caring
for grass.
g. Uniform planting Of trees along parking
Interesting property in the proper method of trim
ming trees
A. The marking Of and and the numbering
OF houses
Now it generally agreed that any Improvement plans
existing business and financial conditions Here program
meets this test precisely To put the committees plan into effect
outlined above with the exception Of the sidewalk portion of
it. will almost money For the most part the improve
suggested such be put over by civic
pride and the interests of the The
berg of houses and labelling of and will call for
expenditure OF few dollars but only few The planting
and flowers and the upkeep parking involves little
expense.
Many regard the various items in this program little
things and they little things but they the kind of little
things which will help very large make Chickasha
No that negcts matters of this kind is going
rank very high when measured by the scales of civic improve
likewise something every resident of the community enjoy
The ciy beautiful attracts people who pleasant and
active place in which to live The carrying of the commit
program will substantial progress for Chckasha pro-
of the kind that counts Let every resident of Chckasha
do his bit"
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
BULL ASSOCIATIONS. URGED.

Arnett. okla. Feb. ii.-coopera'
tive ownership OF purebrcd bulls Is
being advocated by Tim Marks farm
demonstration agent for Ellis ooun'
~. as a means Of improving i've
stock herds. Marks Ia comforting
with farmers throughout the county
relative TO me adyisabiIity OF organ
lxing bull associations. through
which purebrcd sIres could be pur'
chaYed and assigned TO different
breeding districts.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
HISTORICAL

This Is S. Valentines day and
II usually celebrated by the sena.
ing Of valentines which were ori.
ginally intended TO signify the
love or friendship Of tho sender
TO the receiver. but for many
years. comics have been sent as
well.
81. Valentine was a bishop OF
Rome during the third century.
He possessed remarkable gifts
Of eloqusnce and was 40 success.
ful IN converting the pagan
Romans TO christianity that he
incurred the dlaplcasure OF the
emperor and was martyred by
his order, the execution occurring
on February II. A. d. 270. When
the saint came TO be placed In
the calendar. his name was given
20 the day OF his death.
This day II also historical IN
American history. On February
II. 1876. Ilcll first filed a patent
on the telephone.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
From the wea indies.

A. J. Silvera of Buff Bay Jamaica.
d. w. l., Is OF the opinion taht he
would not be doing right by his fam
lily II he did not keep a bottle OF
Chamberlain's Cough Remedy in the
house. Il never feel alarmed when
| hear my little boy cough since
discovered that wonderful medicine
for coughs, colds and Group in child
ren,"-Adv,
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
sAvRe BOY HEADS FRESHMEN.

saltwater. Okla. Fob ii.-clifton
Bell OF Sayre. Beckham county. has
been elected president Of the fresh
man class at Oklahoma A. and N.
college. with the beginning OF the
second semester. Marcus Hall OF
comanche Is vice-presldent, zerma
Jones of Sapulph, secretary and
Richard Walker OF Okarche IL treas.
urer. There are more than 500 stu.
dents In tie freshman class.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
ELECTED by SORORITY.

Norman, Feb. ii.-'ive OF tho ma,
tlonal sororities Of the University
OF Oklahoma held initiation for their
pledges making a "B' average dur.
Ing the first semester They include
Delta Gamma, Gamma Phi Beta.
Delta Delta Delta. Kappa Kappa
Gamma. Alpha Gamma Delta.
Miss Lillian Hart. Chlckasha. OK.
lahoma was initiated into Gamma
Phi, Betn.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

Our statesmen in Washington may
make big diplomatic blunder -oc-
casionally but they can't possibly
make one as bad as that of the
man who thoughtlessly remarks to
q woman that she seems TO be
growing stout"
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
A STOLEN SMILE FER TWO
The Patients Request.

Doctor Ito patient): You've had q
pretty close call. It's only your
strong constitution that pulled you
through.
Patient: Well. doctor, remember
that when you make out your bill.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

sim. there Is always n silver lin.
Ing TO the dark cloud. Anybody will
tell you that the cold snap kept
the fruit buds from getting too
risky.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
Dependency.

When you feel bilious md dcspon.
dent all you ned IN full desc OF
Chamberlaln's Tablets. They VIII
siralghien you up in short order
rhcre Is nothing bettor for consti
patton and bilIousness.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

All the wisdom, all the beauty. |
have lived for unawares,
Came upon me by the route OF
highland rIlls:
! cave seen God walking there.
In tho solemn. soundless air.
When the morning wakoned won
der on the hills.
-Odcll Shepard.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

cpes Of freedom Justice equality and humanity upon which
founded and for which American patriots have given
lives and fortunes.
II believe 10 my duty towards my country love H. to
support M constitution; to obey is laws respect M flag;
and 10 defend il against all encmes."
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
County commIssIonsr

Sell Pnrsley announces that he N
n candidate for county commissioner.
Southern district. subject to the dem.
ocratic primary.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

Normally is little nearer. First
thing you know Mrs. Hen will have
her plant in full operation. Smile
bit more.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14
P 0 L l T / C. A l.
ANNOUNCEMENTS


A. Sidney Hancock announces that
he In n candidate for assessor OF
Grady county. subject 10 the demo.
cratic primary.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

Maybe one reason why the X. X.
KS wear masks when they go on
parade Is because II makes 'em look
better.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

u was very unklnd on the part OF
Old Iioreas TO butt into the gard
nor's game.
The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-14

Another advantage that a man has
is that he doesn't have TO devote
any time to deciding what to wear
when he is invited to a party. All
he has TO do is to jump into his
"other suit"