davidaulloa/AmericanStories huggingface dataset:
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
SENATOR'S GET
new LEADER
Three Cornered Trade Gives
Peckinpaugh to Wash
ington Nationals.

New York, Jan. 1o.-Harry Frazee,
president of the Boston American
league baseball club, tonight an
nounced completion of a three Dr.
nered deal by. which Roger Peckin-
augh, former Yankee shortstop,
goes to h Washington club as play
ing manager and Joe Dugan, Ath-
letics third baseman, is transferred
TO the Boston team. :.
club receives Shortstop Frank
O'Rourke, OF the Washington club.
Philadelphia gets Outielder Ed Mil
Ter and Pitcher Acostai Of the. Wash
1ngton club. in exchange for Dugan.
So. far as the Boston club is con-
cerned. Frazee said, no money con-
sideration vas involved in the trade.
BIG Offer Refused.
An official of the Yankee club
stated tonight thattthe New York
Americans tried to obtain Dugan by
purchase some time ago and offered
$4,000, which was refused. Connie
Mack, Athletics manager, is said to
have insisted on 100000 as the pur-
chase price. ="
Peckinpaugh, who WAS captain of
the Yankee team last season, was
traded to Boston last month with
Pitchers Rip Collins. Jack Quinn and
Bill Percy in exchange for Everett
Scott, Red sox shortstop. and pitch
crs Joe Bush and Sam Jones.
Philadelphia, Jan. TO- Connie
Mack, manager of the Philadelphia
American league baseball club, an
nounced tonight that he had traded
Third Baseman Joe Dugan of the
Washington team for Outfelder Mil
Ter and Pitcher Acosta. @
Mack, who returned tonight from
Washington where he was in confer
ence today with Clark Griffith, presi-
dent of the Washington club, said
there was no money consideration in
volved in his deal with Washington.
Duga~ Joined the Athletics about
four years age, coming from Holy
Cross College. During the last two
years he frequently expressed the de-
sire to play with a team nearer his
home. He left the team SO often
last reason that he gained the Nick.
name of disappearing Joe"
Cleveland. Jan. loft I am able
to plug that gap, at shortstop, Wash.
ington. ought to do pretty well in the
American league race next season.
declared Roger Peck'nraugh tonigh'
when informed that The deal, which
makes him playing manager Of the
Nationals, has been completed.
Its great news and l certain,
am happy Peckinpaugh continued
II am pleased that Washington die
not give up First Basenan Joe
Judge to get me from Boston. as
regard him. as one CT the best m thu
game
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
POTATOES.

Minneapolis. Jank:-lu. s. Bu-
reau of Markets. btatoes moderate
wire inquiry. def nd and movement
moderate marke steady. Sandland
district carloads o. b. usual terms.
st. Paul and Minneapolis rate. sacked
per cwt. U. S. Mp. l round whites $3.50
@1.85: seed stock. sacked per cwt.,
triumphs $500.
Red River valley district carloads
f. o. b. usual terms. Moorhead rate
sacked per cwt.. L. 5. No. l Red River
Ohios S1.6O@1.65.' mostly $1.65.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
South St Paul. j

South ST. Paul, J,
reau of Markets.
700. market fairly
steady to ,strong:l
seven choice yearir
common to mediu,
to $50; bulk 5.25 t
stock mostly 1925 tt
cutters .2.25 to 81
3.25 to 400: stock
fully steady; bulk
showing up to- &C.
$500; mostly so 4
teal packer top 4
vealers up to 81
Hog receipts
active, 10 to e.
of good hogs 4
and down IT'S I
to $50 pound he
. packers SIS to
~ & 20
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
Duffy Pleased.

Boston. Jan. 10.-Hugh Duffy,
manager Of the Boston American
league club, tonight expressed him
self as well pleased with the deal by
which the Red SoX getSsJoe Dugan
and Frank O'Rourke.
II am after a hitting club and
Dusan rounds out a a CT sluggers
that is sure to prove successful" he
said. "O'Rourkef played shortstop
for me when l was managing the
Toronto Internationals, and have
always been strong for him"
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
SOUTH ST. PAUL
LIVE &ocK.

11.-(U. S: Bu-
lie receipts g.
five; generally
small lot of
.ef steers $50;
sseef steers 500
30; butcher she
IS; and
bologna bulls
and feeders
0 to $50; fair
Galyes receipts.
Asrigher; prac-.
No xtrza choice
/; hSs&rE
is hfS&
Ing 1S6Tslnds
b; bulk good 200
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
FOREIGN EXCHANGE.

New York, Jan. 11.-Foreign ex-
change irregular; Great Britain de-
mand APP 1-2; cables 4.23; 60 day
bills on banks 4.19 1-2.
France demand $50 IL; cables
S.31.
Italy emand 4.32: cables 4.s2 1-2.
Germany demand So 1-2: cables 81.
NORWAY demand 1880: Sweden de-
mand "a 90. a,fr %. r
Montreal "a IL. 60 - =
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
MARKET NEWS
CHICAGO.
GRA1N AND PROVISIONS.

Chicago lam. 11.-Wheat prices
developed strength in the carry 70
ing today owing largely to absence
confirmation OF yesterdays repo,"
that French banks were in 1trouo'e'
Besides bulls commended that the OUT
look for the new crop in the soue'-
west remained doubtful. Selling pf.s-
sure was light. Opening prices "n'e'
ranged from unchanged figures 70
cent higher with May 1.Os to I've o.,
and July 90 ga to 90 rs were 1oilo"-
ed by material further gains
Commission house buying svea
firmness to corn and oats. AFTER ~
gening 1-8 to 3-8 higher; May oIH,s
ito s. 1-8, the corr market scoioU
slight general gains. ,, %
Oats started Is to IA up, WAY %
to 80 1-S and then hardened a lil'ie
more. ond
garin.
LIVE STOCK.
Chicago. Jan. 11.-U. S. bureau o ot
Markets Cattle receipts 1000; beef
steers active. mostly Is to 25c hlgher,
quality plain; bulk s6.75 @1.S5; "a,
| she stock and calves strong; outis
steady; stockers and feeders strohs -
Csc higher: bulk bolognas $4.35 4'oV'
! bulk vealers SS.50@9.oo.
Hog receipts $4,000: fairly active
mostly Is to ESQ higher than yestcr-
days average; big packers doing ~.
| tie: top 1925 on 1870 to l9o poun"
! hogs:m few odd lots of light llghcs'
1886; bulk $7.6o@S.0o: pigs uneven,
hulk desirable $s.oo@S.25; re" IL
1886.
Sheep receipts 10000: generally
strong to Csc higher; bulk fat LAMBS
early s12.25@12.75; bidding sl2.so;
apod 95 pound yearlings $1l.2o; 1a'
owe tops early $6.75: best net sold.
PRODUCE.
!. Chicago, Jan. 11.-Butter. lower, re.
ceipts 5.S77 tubs; creamery extras >.
1-2c; firsts 25@2S 1-2; seconds 25@
"a: standards go Ia.
Eggs. higher; receipts 1928 cases
Grsts 80 1-2@31; ordinary lirsts 2o@
%: miscellaneous $1,000.
Poultry lower; fowls 25; springs 20
POTATOES.
Chicago, Jan. 11.-Potatoes, steady
receipts "a cars: total L. s. shipmen
1878; Wisconsin round white sackee
| $3.50 a 200 cwt.: ditto bulk $1,000
2.10 cwt.; Michigan sacked s2.l0 cWt
CASH SALES.
Chicago. Jan. 11.-Wheat-No.
4 hard. $1.05.
!. .Corn--No. . mixed, 4s L.; No.
i yellow. As 1-2@49.
I u. Cats-No. . white. Sc 1-4@37 "a
nc. 5 white. 33 1905. .
Rye nominal.
Barley. 54@6O .
Timothy seed. $5.00@6.25. I.
4 Glover seed, s12.50@ 1850. &
Pork nominal.
Lard, 5000.
! Ribs, S7.62@S.62.
CHICAGO GRAIN TABLE.
Wheat Open. High. Low. Close
May ....1.O9 1.10B 1.09 1.10s
July 49,. 9SA 100 1856 .99H
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
MINNEAPOLIS GRAIN TABLE.

MINNEAPOLIS GRAIN TABLE.
Wheat Open. High. Low. Close.
May ....1.15A 1llSk 1.15& 1.18h
July ....l.12A 1.13% 1.11M 1888
Oats
May 49,. .32% .S .s2N .3s
Rye
May .....7sA .HA .73A .74A
May ca'' ~. As .D' .4s 40
FLAX
May ....2.o1h 2I4A 2.o1h 2.o4hs
m2.02
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
FLOUR.

Minneapolis, Jan. l1.-Flour UNI
changed to zoe lower. In carload lots
family; patents quoted at $500 a bar
rel in 9S-pound cotton sacks. Ship
'ments 1853 barrels.
Bran $1,000.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11

H. S. Bowling League.
The McNiel team of the High
School Bowling league wan three
straight games from the Hofto club
Tuesday evening. The score follows:
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11

| POTATO QUOTATIONS IN
EAST GRAND FORKS
Toe per bushel; furnished by
farmers Co-operative assUcta-
ton of East Grand Forks.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11

Herald Want Ads Bring Results.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-11
GRAIN RECEIPTS,

Minneapolis, Jan. 11.-Wheat re-
ceip's' 22l says, compared with lS7
cars a year ago.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
GOOD BUYS

20 acre tract, acres logans. 2
acres bearing; acres of prunes,
IL acre strawberries, small house,
good barn, well, chicken house;
will consider house and lot up to
$4,000. Price $500.
63 acre farm 8 miles from Sa-
lem, room house, barn, well;
will take house and lot as part pay
ment. Price $1O,500.
B5 acre tract, 55 acres summer
fallow wheat, good location, " of
crop goes. Price $500, $500 down
u acre tract, located on Pacific
highway, 8h acres prunes, l acre
logans, buildings; will take home
In Portland as part payment. Price
$4,000.
60 acres close to Portland; will
trade in on good prune orchard
and assume. Price 100000.
Good modern home In Portland
rented for $50 per month; will ex-
change for well improved 10 acres
close to Salem. Price $4,000.
2.14 acre tract close to carline
bearing fruit and berries, a room
house, well. Price $27o0, " cash.
II you are looking to buy, trade
or sell, see --
975 State street.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
Murder Charge

Continued from page one)
prompting her to make the nota'
tion In her dairy, she testified.
She testified concerning many
letters she said she received from
Kennedy while she was in Chi
cago between May and June last
year, and which she said were In
the trunk at the time of her ar
rest. In these letters, she said,
Kennedy advised her to stay In
Chicago and wait for him, that he
was planning to get away from
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
aA1 Stata
LEGAL NOTICES
LAST NOTICE OF ADMINS
TRATRIX

To whom 1t may concern; No
tice is hereby given that the un-
dersigned, Agnes Jones, admins
trartrix OF the estate of Harrison
Jones, deceased, has this day filed
in the county court for Marion
county Oregon, her final account
as Administrative of said estate and
said court, has fixed and appointed
Monday, March 90, 1922, at the
hour of 10 o'clock a. m. of said
day, at the county court room in
the county court house In Mariol
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

WORTH WHILE
room plastered bungalow, mod
ern, completely furnished, pia-
no, good range, heater, lounge,
dining room set, rockers, sewing
machine, bedsteads, rugs, etc.
tull basement, lot 45x101. Price
$500, Y cash, balance terms 6
per cent. Miles & Copley, 331h
State street. "a
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
Portland Markets

Portland Markets
Portland, Or, Mar. 9.-Cattle
steady; receipts none; choice cattle
$7.25 5m7.75: medium to good 1915
97.75; fair to medium $3.50
6.75; common to fair 1925 q 6.25;
choice feeders S5.00Q5.60; fair to
good S4.5OQ5 500; choice COWS ard
heifers $8.00g8.50. medium to
good 1928 % 900; fair to medium
S4.50@5.25; common cows $3.50
04.5O; Gamers S2.00@ $50; bulls
$3.5O@8,75; choice dairy calves
$1O.0OW1O.5O; prime light 5000 u
1000; medium 10 light $500
800; heavy S4.50@ $50.
Hogs steady; receipts 1885,
primo light s11.2b@1l.75; smooth
heavy 22O to 800 pounds $l0.25@ o
I1.25; 800 pounds and up 1926 %
1925; rough heavy $3.50 9.26;
fat pigs Sl1@11.5o; stays s69S.
sheep steady; receipts 1885
cast OF mountain lambs S11.bOW
12.O0. bost valley Sl141l.50i culls
S6.0OQS.00; feeders $500 q l0.OOi
light yearllngs 500 1850; heavy
7.OOVlO.00i light wethers $1,000
9lO.50; heavy 298S.b0' ewes 80
~ bsZo. y
Butter steady; extra cubes $50,
cartons 89c: prints S8c. butternat
No. / s503So Portland; un-
der grades 33c.
Eggs. Selling case count zoo 29e
buying price 20 q 22ci selling price
candled 24c. selected candled
in cartons $50.
Poultry. Hens light 22c; heavy
25c; broilers nom: heavy rs 27cl
old roosters 109 12c; geese nomi
ducks 24V27c: turkeys 3SQSIe
dressed.
Wheati Hard white fi.SIj sofi
white tl29; white club ti.Esl red
Walla gI.26, hard winter tl.e0.
Mil run t37 q 2si oats ts4.o0 q
85.25i corn No. . yellow $500 q
2s.35I hay, timothy. valley SIS; al.
falfa tl9.500I4. new grain msxsd
S15I clover l1aI straw tsl
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

$1,000 Will buy nice 5 room cot
tage, modern except basement
has dutch kitchen, corner lot,
poultry house, 4 blocks from
State street. Terms $1,000 down.
s r. Pearson, 2IO-211 U. 5.
hoDIy hIdp
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

SEE j. ". Manley, cellar digging,
manure, heavy team work. Cher
ry City barns, phone 1919. m65
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

Mastered house, about 2 years
pid has basement, is modern eX-
cont cont furnace; this place is worth
eara uep than the price s25OO, ana
If taken soon will include planII
and all furniture with place, am M
give terms. See L. A. HayIo[u.,
S05 State St.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

FOR SALE-Or trade 720 acres
stock and dairy farm at $40 per
acre, in Alberta and carrying a
grazing lease of 729 acres more;
also 200 head of cattle can be
had all on easy terms. See j. c.
McFarlane, Quinaby, Or, or ad-
dress Salem, Rt, 8. b60
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
REPAIRING
TRANSFER
WATER COMPANY

SALEM WATER COMPANY-Of-
flee, corner Commercial and
Trade SITS. Bills payable monthly
in advance. Phone 81.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

ARCHIE c. FLEENER, electrician
phone 1915. Wiring by the hour
0r contract mo3
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

-PETTAL PRICES in car load lots
IN old fir, also mill wood in 10
incb or 4 #. lengths or by the
cord. Salem Fuel Yards, 1oz
trade St. office 529' Phones
res. 2O5S. Theo zieman' Chas.
SnOs Props. -
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
MISCELLANEOUS

PACK TREATMENT = We have
the most complete treatments
for germ and acid diseases,
blood poisoning, inflammatory
rheumatism and all chronic dis
eases. 100 s. Com'l, room "a. OPP
posite Ladd 81 Bush bank. 75
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
MISCELLANEOUS

IF you want carpenter WoIk OF
shingling done, phone 1899M.
n,
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
MISCELLANEOUS

NEUTRALITY-SUSPICIOUS. my fig
ures on wiring by contract or by
1, the hour. at pre-war prices. H.
w. Hatch. phone 1202J. m"
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

FOR SALF-Closs In Z room MOD
ern house located at $50 Union n
street, plastered, concrete base
ment. sleeping porch paveu
street cement walks, alley
Price s275O, terms $500 or more r
down, balance like rent ). Il. T.
pearson, 21O-211 U. S. bank plus
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

EOR SALE Ok EACE1AN GB
20 acres with 6 acres of fine To-
ganberries, small house, good barn
and chicken house, grain, team
and farming tools; this Is first
class, will sell at a sacrifice. If you
want something worth while look
this up.
1 have a general merchandise
store for sale, one that is doing
three thousand per month and can
be made much larger.
If you want to buy, sell or trade
see
H. L. MARSTERS
at 212 Gray bldg, phone 9O7. y
We advise to invest in prune Or
chard, there is nothing better at
this time.
We have S8 acres of first class
prune and berry land, Z acres of
prunes, "a acres of loganberries,
cherries and apples, good house
and barn, miles from city, a
reasonable payment and balance
crop payments. Price is reasonable.
7 acres, acres of prunes, 2
acres of logans, strawberries, etc.
This has a modern room bunga-
low, furnace, hardwood floors, To-
Gated / n miles from city. If you
want a modern home see this, easy
terms.
We are offering bargains in city
property. See this room new,
modern bungalow, large lot, good
location. Price $4,000, terms.
A home close in, 7 rooms all
modern equipment, all kinds OF
young fruit, fine location; will sell
for less than you can build the
house for. Terms to suit.
We are changing property, If
YOU have anything for sale or ex-
change list with us.
RADCLIFFE & WARING
l341 State treet. b9"
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

WANTED-Wood saving, garden
blowing. Wheeler, phone 1904:
m76
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

copyright by Feature Service, IncD
Trade Mark registered IN the u. S.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

INCOME TAX accountant. I will
be at the office of the Derrick
Realty Co.'s office until March
10, and will assist you in making
your returns for a. reasonable
fee. Phone 1894. T. A. Rinehart.
m61
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

WANTED-Oldm mattresses to make
over. Phone 10, Capital City Bed
ding Co. M
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
For Sale-W Wood

FOR SALE-Best grade mill wood.
maple, second growth and ola
fir, 4 It. or 1S in. prompt DENY
cry. Phone 1912, Fred e. WeIls,
9n5 S. Church 81. ee-
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
Lost and Found

WANTED-Second hand wheel.
1h29 A street. CO9
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

WOOD saving. Fisher Bros. Quick
service. Phone 2O46. ee1F
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

WANTED-Furnlture, tools ma
chinery, stock, etc. VIII buy Tor
cash, or sell on commission
Phone 511. Woodry. the auction
eer. N
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

A BARGAIN-6 room house in
east Salem on paved street, lot
Sc by 157, house in best condi-
ton, Is bearing fruit trees, price
$4,000. Cash $500 balance $25 a
month. Winnie Pettyjohn, 331 Y
State st. phone 534. a.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
SALEM
MARK s
Compiled from reports OF Sa-
lem dealers for the guidance
OF Capital Journal readers.
(ReVlsed daily)

Grain. Average valley wheat
(bulk) $L05.
Hay: Cheat hay St1@l2; oat
hay $11Ql2; clover hay (bulk)
$40.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

FANCY Burbank potatoes for sale
at $1,5O per 100 lbs. delivered.
These have been selected for
shipping stock and are extra
nice. Clifford w. Brown, phone
ll5, III N. Front street. GO
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

county. Oregon, as the time and
place for the hearing of objections
to such final account and for the
settlement thereof.
Dated February Is, 1929.
AGNES JONES,
Administrative of the estate of
Harrison Jones, deceased.
Carey f. Martin. attorney for es-
Iufa
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

PRICED TO SELL-Good room
house, plumbing, lights, garage,
corner lot 75xS5, paved street
and car line. Price $1,000, $lIOO
down alliance payable $40 per
month interest per cent. W. a.
Grabenhorst & Co., 275 State 81.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

BOARD and room, also meals by
week, close in. 495 N. CONNER
cial street, JOB
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
For Sale-LivestOck

GOOD cows for sale, freshen soon;
Rt, 8, box 81, Salem. eoo
FOP SALE1 bay horse, 8 years
old. sound and good worker, VT
IA0o lbs, Phone 31F23. e58
F0F SALE COW, about to fresh
en-: will sell cheap. Phone 65Fl :
call evenings 6 to 9. Harry n.
Smith.
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

A LADY in the east has wired US
to sell her $500 piano at a sacrl-
flee; will accept part cash, bal
ance monthly payments. Call at
45O Court street ash to see Mrs
Nawton's niano. csc"
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09
For Sale-HOuses

II, YOU are looking for a good
nome, this may suit you, is S
rooms and a basement, electric
nights, bath, and toilet; fruit,
berries, shrubbery, ETC., well To-
Gated on N. Cottage street. Price
$500, See L. A. Hayford, sos
State street. az
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

HAVE 8 $1,000 loans to place on
real estate. Anderson d Rupert,
4C6-4O7 Oregon bldg. m69'
Capital journal. (Salem, Or.) 1919-1980, 1922-03-09

NEW BUNGALOW = 5 rooms
plasterel, built in work, modern
plumbing and lights. Price $21OO
$500 down will handle. W. H.
Grabenhorst G. Co., 275 state
street dVO
Arizona republican., 1922-04-27

| deplorable financial condition. the
committee named by the Phoenix city
commission to investigate the affairs
of the street railway company and
also make such recommendations for
Improvements as deemed advisable
has made its report.
It was explained by a member of
the committee that the state corpora
ton commission. which was asked to
furnish certain figures and facts con-
corning the street railway company,
was overburdened with other work
and also hampered by lack of funds.
The city, therefore, at city expense.
sent a man to Los Angeles to get in
formation for the report
Following is the report, made pub-
lie yesterday:
Report Of Committee
To the City Commission of Phoenix.
Gentlemen:
The undersigned, your committee
heretofore appointed by you to inves-
tigate and report on the Phoenix
Street Railway System, with such
recommendations as deemed advis-
able for the betterment and improve
ment of said system. beg to submit
the following report:
The committee Immediately upon
its appointment, began an examina
ton of the Phoenix Railway System
to ascertain its condition and eff
cheney. and to learn the reasons of
the failure of the company operat-
ing said system to operate the same
terms of it's franchise from the city.
However, your committee soon found
that unless and until an ascertain
ment of the value of the property of
said system was had, no intelligent or
just investigation could be accom-
plished. or report made on said sys-
tenn. Therefore. your committee di-
rected it's activities to securing an
appraisement and valuation of the
property of the Phoenix Railway
company by the Arizona Corporation
Commission at the earliest date pos
sible, and did finally succeed in get
ting said commission to make an
appraisement and valuation which
has Just been completed, and which
shows that there are ~ So miles of
track of said system within the cor
porate limits of Phoenix valued at
$281,9 10, less $194,504. So for depre-
citation, making its present net value
$S7,449.5S. and that there are 1888
miles of track of said system without
the limits of Phoenix valued at $751;
216. 20 less $165,0S4.79 for deprecia-
ton, making its present net value
500, 1871.
Owes 1885,, ,67s
The verified report Of the officers
of the Phoenix Railway company that
operate said street railway system in
Phoenix, filed with the Arizona Corr
poration Commission for the year
1921, shows that the capital stock of
the corporation is $2,000.000: that its
bonded Indebtedness represented by
5 per cent bonds is $1,250,000; and
that there is unpaid interest on said
bonded Indebtedness in the sum of
$675,517.12; and that there are also
outstanding notes payable to NJ Fl.
Sherman Investment company, $42,-
161 Is, to NJ H. Sherman, $4,000,
and to Phoenix National Bank, $500.
Said report also shows that the gross
receipts from the operation OF said