davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-02-14
3. & o. NET INCOME IS
$2I, ,853,547 FOR 1921
Road Had Reported Deficit
for Preceding Year.

The Baltimore and Ohio Railroad had
net income of 21.s53,547 from opera
tions in 1921, in contrast to a deficit
of $4,466.041 in 1920. The proceeds of
it's carrying of freight and passengers
last year approximately covered its
fixed charges of $21,960,591 in 1920
leaving most of it's miscellaneous reve-
nue. for reserve and dividend accounts
Its outside income. approximately $5,-
100000 in 1920, has not been reported
for 1921.
A survey of the roads operating re-
suits in 1921 was made possible through
its December income account made pub
lie yesterday and which showed gross
earnings of $15,504,562 in December,
decline of s5,570.263 compared with that
of December. 1920. Its net income in
December was $1,563.252, in contrast
to deficit of S436,SS0 in 1920.
In 1921 its gross income from op-
erations was s19s.622,373, a decline of
$33,322,072 or IA per cent. from it's
record of 1920. Its operating expenses
of $166,457.024 in 1921 were $59,942,2S
or 26 per cent. less than those of 1920,
the cut being accounted for chiefly by
a fall of 80 per cent. in maintenance
of equipment and of 25 per cent. in up
keep of roadhed and structures. The
roads transportation charges of $685.
4S1.3S7. a total which included wages
paid, were s2S,322, 900 less than of 1920,
but that account in 1920 was swelled
by inclusion of $6,500,000 in back wages
under railroad labor board ruling.
The New York herald., 1922-02-14
REDEMPTION NOTICE.
Chicago mi Western Iniifnl Railroad Co.
GENERAL MORTGAGE RONDS
Trustees Office, Room 32 18th Floor, Mills
Building.

New York, Feb. Z, 1927
The Trustees have this day designated, by
The New York herald., 1922-02-14
DETROIT UNITED CONFERENCES

DETROIT, Feb. 13--Conferences be-
tween city officials and representatives
Of the Detroit Upited Railway looking
70 the sale OF the company's local lines
to the city will begin on Thursday, 1t
was announced to-day by Elliott G..
Stevenson. counsel for the company
The conferences will start with Mayor
Couzens's offor of s16,500,000. plus
whatever increase in real estate values
can be shown in the last three years.
The New York herald., 1922-02-14

The company, according to President
Small, has paid out dividends in the
twenty years from 1902 to 1921 in ex-
cess of S1S,000.0 900, or an average of more
than 100000 year. which is equiva-
lent to about one and three-quarters
times the dividend requirement on the
preferred stock issue of the new COM
pany. The late G. w. Post founded the
Postum Cereal organization more than
thirty years ago when he became a stu
dent of detetics in an effort to regain
his health AS a result of his research
he established in 1895 a cereal beverage
to take the place of coffee and began the
manufacture of this product in Battle
Creek, Mich. This was the nucleus of
the present widespread organization,
which has subsidiary companies in vari-
Gus parts of the world. Mr.. Post was
firm believer in national advertising and
his company has spent more than $780,
100000 In keeping it's products before
the public Plants of the company are
located at Battle Creek and Windsor,
Ont. Those at Battle Creek cover IS
acres and consist of 33 buildings. The
balance sheet discloses that good will Is
carried at 81.
The New York herald., 1922-02-14

as the numbers OF the 55 bonds, issued
under the trust deed of the Chicago e. West
ern Indiana Railroad Company dated De-
cember fst. 1882. TO be redeemed. by the
operation of the Sinking Fund March LIST
next, at the office of Messrs. J. p. Morgan
& Co.. New York, at los and accrued In
terest to that date. Registered bonds should
be accompanied by a power of attorney
transferring them to bearer.
The following the numbers of bonds
previously drawn for redemption but not yet
presented for payment:
l777 6s5g 1870 si07 s516 12o33
HERBERT l.. SATTERLEE,
PAUL G. PENNOYER,
Trustees.
The New York herald., 1922-02-14
February Il. 1922.

February IL, 1922.
The annual meeting OF the stockholders Of
the Washington and New Orleans Telegraph
Company will be held at No. 105 Broadway,
in the City OF New York, ". Y, on Wednes-
day. March I. 1922. at 300 o'clock p. NJ
for the election of directors and officers and
as may come before the meeting.
A. b. BURLEIGu. Secretary.
The New York herald., 1922-02-14
NOTICE OF REDEMPTION.

OE REDtNlfIION.
To holders of Victory notes and others
concerned:
Notice Is hereby given as follows:
Call for redemption Of 3A Per cent.
Victory notes.--Al of the 80. per cent series
OF United States of America convertible
Gold Notes of I92o-10o3, otherwise known
as 3a Per Cent Victory Notes, are hereby
called for redemption June 10, 1922,
pursuant to the provision for redemption
contained In the Notes and In Treasury
Department circular number 1873, dated
April 81, 1919, under which the Notes were
originally issued. Interest on all Victory
notes OF the 3M per cent. series will cease
on said redemption date, June l5 1922
2-SuspensiOn and Termination Of Victory
notes conversion priyilege.--in view OF the
call for the redemption of all 3% per cent.
Victory notes on June TO- 1922, and
pursuant TO the provisions of said Treas
ury Department circular number 1873, tina
privilege OF conversion OF Victory notes OF
other series is hereby suspended from
February 8. 1922 to June u, 1922. both
inclusive, and on June Is, 1922, will terml-
nate. Victory notes accordingly cease to
be interconvertible, effective February o,
1922. and on and after that date no con-
version of the notes may be made.
3-Detailed Information to the pres
entation and surrender of sax per cent. Vic
tory notes for redemption is given in
Treasury Dept. circular number 277, dated
February o, 1922. copies of which are avail
able at the Treasury and the Federal
Reserve Banks.
Secretary Of the Treasury, FEB. 0. 1922.
The New York herald., 1922-02-14
DIVIDENDS AND INTEREST.
READING COMPANY
General Office, Reading Terminal

tfntrH Otiict, hthutnE tfFnnfnnt
Philadelphia, February 10, 1922.
The Board OF Directors has declared from
the net earnings quarterly dividend of ono
per cent. the First Preferred Stock OF
the Company, to be paid on March ., 1922,
10 stockholders OF record at the close OF
business February II, 1922. Checks will be
mailed TO stockholders who have filed dlvi-
dend orders with the Treasurer.
JAY V. HARE, Secretary.
The New York herald., 1922-02-14
NEW POSTUM STOCK
IS OFFERED TO-DAY
Banking Syndicate Will Put
Out S6,500,000 Preferred
of Corporation.

The business and properties of the
present Postum Cereal Co. Inc.
closely held corporation. have been
taken over by a new corporation of the
same name organized under the laws of
Delaware and composed OF Goldman.
Sachs & Co.. Z. Il. Hutton & Co. and
Lehman Bros. & Co. The syndicate will
offer to-day for public subscription at
1929 s6.5OO.O0O of $1OO par value
per cent. cumulative preferred stock car
rying to the extent of 25 per cent. of
the subscription the privilege of obtain
ing new common stock at 52R.
Preferred stock of the new Delaware
corporation is preferred as to dividends
and assets and is redeemable in whole
or in part at Sis a share and accrued
dividends 1t is provided that on or
before February l, 1925, and annually
thereafter per cent. of the largest
amount in par value of the preferred
that shall have been outstanding at any
one time shall be acquired by the COM
pany by redemption or purchse at not
to exceed Sis a share In addition to
$6,500,000 preferred the capitalization
will consist of 100000 shares of a par
value of S5 a share. or no par value
as may be determined later. The man.
agement expects to be able at an early
date to commence payment of divi-
dends on the common at an annual rate
OF S5 a share.
On the basis of 1921 profits after CIV
ing effect to taxes at 1922 rates and
after paying $4,000 a year on the
preferred, there would be balance for
the common of s1,96s.362, equivalent to
1884 a share on 100000 shares of
common stock The earnings record has
been as follows:
Net Profits
The New York herald., 1922-02-14
ELECTIONS AND MEETINGS.
TO THE STOCKHOLDERS OF
ruuI AnTIIIfR 8 H0XT G0MPANY.

Pursuant to a resolution OF the boafr OF
Directors of said Company recommending tns
dIssolution of the corporation without judi.
cial proceedings. and calling meeting OF
It's stockholders to consider the same, spo.
In the principal office OF the Company, No
Al park Place, Borough OF Manhattan. New
York City. on the 2sth day of February,
ie22. al 3 o'clock r. NJ. for the purpose Of
voting upon a proposition that said corpora.
tion be forthwith dissolved.
Dated January 9Th, 1922.
SAMUEL II. WANDELL, Secretary.
The New York herald., 1922-02-14
TO TUE HOLDERS OF
NEW YORK TELEPHONE COMPANY
20-Year sinking Fund $50 Gold Debenture
Ronds Due February !. 1919.

SINKING FUND NOTICE.
Notice is hereby given provided In
Article v. Of the Indenture. dated February
!. 1919. OF the New York Telephone Com
psny 10 the Guaranty Trust Company OF
New York, as Trustee, that the undersigned
at It's office, No. 40 Broadway. New York
CITY, will receive until 10 o'clock A. NJ, on
Thursday, February %, 1872, offers for
the sale TO II as Trustee OF sufficient bonds
of the above issue at not exceeding 1905
OF par and accrued interest TO exhaust the
sum OF Two Hundred Ninenteen Thousa nd
Seven Hundred Dollars and Thirty Cents
(S21e, roo. .3O), held In the Sinking Fund. In
terest on the bonds accepted will cease Oh
February -, 1922.
The Trustee reserves the right 20 reject
any and all offers. Offers should be sealed
and addressed to the TRUST DEPART
MENT and made subject 20 acceptance in
part ,Hers9tA ,GHIARANry TRUST COMPANY
OF NEW YORK.
BY WILLIAM c. POTTER, President.
Dated New York. February =. 1922.
The New York herald., 1922-02-14
DISSOLUTION NOTICE.
JOSEPHTHAI g. co.
IIU BfOHdWHy,
vi. Lata

New York City.
NOTICE is hereby given that the partner
ship heretofore existing between Louis NJ
Josephthai. Henry y. Schnitzer, De Witt II.
Roscnheirh and Nicholas J. Gerold, under tho
firm, name OF Josephthal q Co, with offices
at No 100 Broadway. New York city, has
been dissolved.
NOTICE IL also hereby given that the un-
dersigned have formed new firm under the
firm name OF Josephthal Co. to transact a
stock brokerage business at No. 12O Broad
way. New York City.
February 11th 1922.
LOUIS NJ. JoSEPHTHAL.
DE WITT y. ROSENHEIM.
NICHOLAS j. GEROLD.
The Topeka state journal., 1922-06-03
MORE COWS, SOWS AND HENS
Kansas Farmers Urged to Eliminate
Gambling Chance"

Returns of assessors of this year
are expected to show an improve
ment in the "cow, SOW, hem statis-
tics of a year ago. but it will be some
time before the state department of
agriculture has these statistics com =
piled to show how great, if any, the
Improvement has been.
The need of the Kansas farmer to
get back to first principles and re
ducing his gambling chance" by look
ing more particularly to the certain
cash returns of cow sow and hen,
rather than depending on one big crop
BIO it wheat. corn, alfalfa or what
not-is emphasized by statistics shown
by the 1920 assessors returns These
reveal some hard facts possibly not
altogether pleasant to the Kansas
booster who lets it be known that as
an agricultural state. Kansas is hard
to beat Here are some of these facts
cleaned from the 1926 farms in
Kansas:
on 54.152 farms there were no
dairy cattle.
On 12,219 there was found not
Cow, nor calf nor bull.
On 1880 farms dairy and beef
cattle were absent.
On 104.15S farms were found no
beef cows including heifers years
On 57.oss farms were found no
dairy cattle including 2-year-o1d
heifers.
On more tndn lZ.UVU Iafn1S Idfnll1eS
either are denying themselves milk or
buying it at much more than produc-
ton costs.
On 42,434 farms there were no sows
or gifts for breeding.
On $4,000 farms, salt pork, bacon
and ham used are purchased.
On 10, 653 farms there were no hens
and 1O,242 were entirely chickenless.
From $4,000 farms. not a dollars
worth of poultry or eggs were sold
during the year.
On 41,611 farms no gardens were
approximately 25 per cent of
the total number of farms.
The Topeka state journal., 1922-06-03
1S ARE INJURED
Chicago & Northwestern Train
Wrecked at Quarry, Iowa.
Two of Cedar Rapids, Iowa,
May Not Live, Belief.

Chicago. June 3.-Nineteen persons
were injured. two seriously, late yes
terday, when Chicago & Northwestern
passenger train No 6 from Omaha to
Chicago was derailed near Quarry, Ia,
according to official reports received
at the railroad office here.
Those seriously injured were: Mrs.
A. F. Wesenberg and J. E. Townsend,
both of Cedar Rapids, Ia. They were
taken in an ambulance from Quarry to
Marshalltown, Ia
The train, an all-steeI one, was de
rallied by a cross-over switch, and
tipped partly over on its side. The
derailment was said to have been
caused by nuts having been removed
from bolts in the heel of the switch
point and the heel being showed in to
catch the wheel. the road announced
A full investigation has been started
The locomotive of the train was able
to proceed to Clinton under its own
stailrn but all thru trains are being
Getoured over another road
The Topeka state journal., 1922-06-03

Topeka. Kan. June ,
Hens, & lbs. and over. 30c: under lbs,
lie. broilcrs. 1IzN2 lbs. 35c: stays and old
rOosters. f0cs
EggSS5.9O case deliverd. including new
cases.
The Topeka state journal., 1922-06-03
BALDWIN FESTIVITIES START
Annual Varsity Alumni Game Is To
Be Played Today.

Baldwin. Kan. June 3.-Toddy
marks the opening of Baker Univer-
sity's sixty-fourth annual commence
nent exercises. The opening feature
will be the annual baseball game be-
tween Bakers varsity team and team
composed of alumni. During the past
two years. the alumni team has car
ried off the honors-
The annual baccalaureate sermon to
the graduating class will be delivered
tomorrow by the Rev. Fletcher Ho-
man. Kansas City. No The alumni
address will be given tomorrow night
by the Rev. Thomas H Coole. medical
missionary at Kuching, China, who is
a Baker aIumnus of twenty-five years
ago. Doctor Coole was prominent
athlete in the Kansas conference and
managed the first state track meet
Final chapel exercises of the school
year will be held on Monday. June 3.
when DR.. w. P. Wharton. Emporia.
Baker alumnus. will give the address
to the undergraduates At the final
exercises, recognition honOrs for the
year will be announced in scholarship,
athletics. debate and oratory. Monday
night, the university choral choir viii
give its annual concert.
The Topeka state journal., 1922-06-03
BURDEN IS OFF 4. c. c.
Bill Relieving Body From Fixing RE
purchase Price, of Rails Passes,

Washington, June S.-The house
yesterday passed the bill relieving the
interstate comm cree commission of
the duty of taking into consideration
the question of ''repurchase price of
railroad lands in finding the valua-
ton of the railroad properties of the
country.
This is a measure that passed the
senate some months ago and which
has been pressed upon the considera-
ton of the house ever since by Con-
Sressman Homer Hoch, of Kansas,
who has been its chief champion in
that end of the capitol
Hoch. in the face of strong opposi-
ton, finally obtained a report on the
DILL. He also induced Ahe rules com
mittee to give a special rule for its
consideration, under which it came
up yesterday.
To no other member of congress is
so much credit due for the enactment
of this measure. which will squeeze
billions of water out of railroad prop
critics Mr.. Hoch's speech in support
of the bill was the feature of it's con-
SideratiOn.
The Topeka state journal., 1922-06-03
OAKLAND NEWS
Notes and personals by Mrs.. II. d.
Wsd1sish. Call Blue 1921 or $3.50

Mrs. Fl. A. Lepper and Mrs. Morgan
Washburn entertained with a mfscel-
laneous shower Friday evening at the.
home of the latter in Forest avenue in
honor of Miss Aileen Peak who maria ge
to Mr. franklin Hamilton will take place
next week The guests of the evening
were: Miss Aileen Peak Mrs A. J. War
ner. Mrs J. NJ Jones, Mrs. Frank Nagle.
Mrs. Geo. Stone, Mrs Frank Golden, Mrs
w. r. Mohney. Mrs. Clarence Webb. Mrs
Ralph Campbell, Mrs. Eugene Peak Mrs
Minnie Pugh. Mrs. Floyd ScritchfieId Mrs
Oran Peak OF Kansas City, Mrs. Clara
Helm, Mrs Morgan Washburn, Mrs. H.
A Lepper, Miss Ethel Nagle, Miss Bessie
Galloway. Miss Grace Kirk. Miss Effie
Galloway. Miss Grace Campbell. Mss
Esther Reed. Miss Ida Doyle Miss Bess
Kirk, Miss Ida Moore. Miss Madge Moore,
Miss Minnie jay. Miss Ethel Mcfarland
and Miss Beatrice Peak
Mrs P. ISaacson will entertain the mems
bers of the Priscilla club Friday after
noon, June 9. at her home. 1eE4 Arter ave-
nue.. instead Of Mrs ". J. Williams as
formerly announced.
Mr.. David Hamilton is quite III at his
home in Chester avenue
Mrs oran Peak and her son. Mr.. Willis
Peak. of Kansas City. are spending a few
days in Oakland the guests of Mrs Peaks
parents, Mr.. and Mrs J. G. Huey in Ches-
ter avenue. and other relatives.
Miss Alice CoEstlal of Wabash avenue
has gone TO st Joseph. No. where she
will spend a few days the guest Of rela-
tives-
The Topeka state journal., 1922-06-03
MORE TROOPS IN.
irish Forces of British Are Aug
mented Greatly Today.
Squadron of Air Force and
Some TrOOpships Landed.
tBy the Associated Pressl

Belfast, June 3.-The British forces
In Northern Ireland were reinforced
today by the arrival of twelve officers
and ninety-seven men OF other ranks
OF the royal air force. They were fol-
lowed by twelve fighting planes.
A battery of howitzers was also
landed.
Several troop ships bringing English
and Scottish regiments also entered
the harbor today.
The military in Fermanash are
communicating automobiles and
boats and il is believed that the re-
capture Of the BeIteek salient recently
seized by Irish republican army forces
is contemplated.
Dublin. June arthur Griffith.
president of the Dali Eireann, presided
today at a meeting of the cabinet of
the Irish provisional government to
discuss in detail the British objections
to the Irish constitution. One of the
chief objects of the meeting was to
determine what representations
should be made to Eamonn de Valera
regarding revision of the constitution.
British soldiers and warships are
still being concentrated on the Ulster
frontier and the Ulster coast. This
fact is leading conservatives among
the Irish to advise a conciliatory at
titude to the English rather than TO
the republicans.
The possibility of British re-occupa-
ton of ireland and civil war were
among the subjects discussed by the
ministers today
Following a meeting of the cabinet
of the Irish provisional governments
IL was learned this afternoon the
Irish leaders have not yet come to
an agreement over revision of the
proposed constitution to meet the de-
mands OF the British government.
Arthur Griffith, president of the
Dali Eireann. presided at the meet
ing The British objections to the
constitution were oppressed in detail
The Topeka state journal., 1922-06-03
SUMMER sCHOOL-COOL RESORT.
From Mcpherson to Study at
Palmer Lake, Colo.

Mcpherson, Kan, June San
work and no play makes school teach
ers dull persons" Proceeding on this
theory. which has been promulgated
by Mcpherson college officials, work
and play will be mixed at the branch
summer school of the college, which
opens next week at Palmer Lake, Colo.
For SIX weeks, the college, as far as
studies are concerned, will be moved
to the cooler climate. and students as
well as faculty mem bers will have
summer vacation but at the same time
be continuing their college courses
The object of this new feature in
summer school work, according to
Prof. II. Fl. Nininger, professor of
biology and secretary of the Rocky
mountain branch summer school, is to
provide a place where tired teachers
and faculty members may recuperate
while going ahead with school work
thru the summer months. Professor
Nininger reports that advance infor-
nation indicates the school will be
popular and will have a large attend,
ance.
The Topeka state journal., 1922-06-03
This WEEKS RECEIPTS.

Receipts this week were 25590 cattle, s.
035 calves, 66.T50 hogs, %, 500 sheep, COM
pared with 26,250 cattle, $3.50 Calves. 62 299
hogs, and $1,000 sheep last week, and - oJ0
cattle, 3,525 calves, As, 425 hogs, and 52,zOJ
The Topeka state journal., 1922-06-03

Wall St. New York, June 3.-STOCKS-
Simultaneous gains and losses in the prom
inent oil issues causedS much confusion
of prices curing todays brief stock market
session, reactions of / to 3 points in Cali
fornia Petroleum, Associated Oil. Pacific
OIL Producers and Refiners, and Standard
Oils of New Jersey and California were off
Dutch. Mexican Petroleum. Maryland.
Houston. Cosden and Shell Transport. In
dependent Sfeels were heavy as were also
some of the Equipments, Tobaccos and
Food Specialties.
United States Steel. Great Northern Ore,
Iron Products, Pacific Mail and Interna-
tional Paper were strong. Dupont again
featured the miscellaneous stocks at n 6
point rise New York. Chicago and St.
Louis and New York Central were mod
eratelv heavy but strength was shown
issues. The closing was irregular. Sales
approximated SOC. 900 shares.
Oils continued to lead the stock market to
higher levels in today's early dealings.
Mexican Petroleum made an opening gain
of les and Royal Dutch advanced 21A
points. Standard Oil of California and
Pan-American Petroleum also were strong
but California Petroleum. yesterdays
sensational feature. forfeited two points.
Dupont. another one of yesterdays strong
speciaties. registered a four point gain.
United States Steel came within Il small
fraction of It's high record but Independent
vale showing selling pressure Sugars and
food speciaIties were strong with shippings
and textiles. Movements in the railway
group were confined to Junior shares,
Lake Erie and Western common and pre-
ferred displaying pronounced strength.
The Topeka state journal., 1922-06-03
KANSAS CITY LIVESTOCK REPORT.
Kansas City Stock YaIds, June ;, 1yZZ-
PRIME CATTLE HIGHEST THIS YEAR
HOGS AND SHEEP LOWER.

Kansas City Stock Yards. June 5. 1922.
PRIME CATTLE HIGHEST THIS YEAR.
HOGS AND SHEEP LOWER.
Trade in livestock this week was not in
terrupted by the Memorial holiday Tues
day, and the general market showed re
newed strength. Closing prices were 10 TO
10 cents higher. Prime yearlings sold up
to $905, the highest price this year. Hog
prices broke moderately at midWeek- but
on the close showed stronger tendency.
Spring and clipped lambs declined 80 cents
and clipped sheep we're unchanged to %
THIS WEEKS RECEIPTS.
Receipts this week were $3.50 CATTLE s.
o25 eaives S520 520 h9gs 29sS9 9o ee sheeP' @ so 9
hogs, and $1,000 sheep last week, and p 90 @o50
cattle, i,525 calves, As, 425 hogs, and 81, 200
sheep a year ago.
Trade in fat cattle this week was active
with the general level of prices making the
highest level of the season p Prime 9ll pound iiiS
price for the year. Other choice yearlings
sold at 10 to $500 and medium weight ,g11
steers was IS so. The bulk of the fat
steers sold at $S.25 to S. 70. Medium cows
and heifers were down 10 to % cents 1ut
the choice of prime grades were fully
steady. Strdight heifers sold up to Ss.oo-
Veal calves and bulls were steady.
STOCKERS AND FEEDERS.
Demand for thin cattle was active A
large number of low grade southwest STOCK
ers sold on grazing accounts nd at at y SaS9 = y -
Few thin steers will be offered in the next
thirty days.
HOGS.
Hog receipts this week were the largest
of the year. Prices are only to 10 cents
lower than week ago. Demand Is large
and there is no indication that a further
decline is in sight. Order buyers are op.
Grating freely, and local packers in the past
three weeks have taken larger supplies or
hogs than in any previous similar perlod
this year The top price today was $1O5o
and bulk of sales $10.2j to 5000 Pigs
are selling up TO S1O.75 with good demand
for all the desirable feeding grades offered
SHEEP AND LAMBS.
Spring lambs are selling at $500 to
s14oe. culIs $500 to 5000. clipped lambs
81 90 to $12.0O. clipped wetbers S4Oo to
S775. and clipped ewes 81. so to $3.50. Clip
ped sheap are slightly above the low point
Wednesday and 25 cents lower than a week
ago and spring lambs down 80 cents.
Average prices for the week were the low
est of the season
HORSES AND MULES.
With receipts light trade in horses and
mules were quiet at unchanged prices
CHAS. NJ. PIPKIN.
Market Correspondent.