davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22

Mrs. p. B.: / will give you two
waist exercises right away quickly,
so you won't have the excuse Of not
knowing what TO do another minute.
Stand with right foot forward about
a yard, hands raised above head
take a deep breath: then slowly
bring hands to toes of the extended
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22
y Beauty Answers.

X. r. T.: The shape Of ones lips
cannot be changed much after one
has attained full growth, unless
their unshapeliness is due to irregu-
larities Of the teeth which dental
surgery may correct, or to the~prac-
tice of keeping the corners Of the
mouth up in a smile in place Of the
downward dropping effect worn on
SO many unhappy looking faces.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22
Embarrassing Moments
The Right Time,

We had been spending the even
ing with acquaintance with whom
we had but little in common. In
consequence. the time seemed to
drag interminably. and when my
wife asked me the time I glanced
thankfully at my watch.
The hands indicated $50. I
looked again, shook it, and held it
up to my ear.
Funny" 1 muttered. 1.-THE darn
thing seems to have stopped. Ac-
cording to this, it's only 9:3Ow
The hostess laughed a little as
she referred to her watch: That's
exactly the time have. too, and
that's the time the clock over there
on the piano says. guess, may
be she didn't finish, but merely
laughed.
Since then when asked the time I
tell 1t without any comment. It's
less embarrassing. In.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22
The BewiIdered Freshie.

was freshman in high school
and it was my first day-the day on
which was to register. / wanted
to know where the principals Office
was, and was directed by a sopho-
more to ask JAMIE, the janitor, who.
was adjusting the clock in the
hall. addressed jamie, and was
calmly directed to the office.
Later jamie appeared in the Of
flee, and l approached him with the
query: Where is the principal,
Janie?"
He informed me that he was that
august parsonage.
wished at the time that l were
any place but where / was. The
principal was simply one of those
men who care nothing for personal
appearance. and I had been caught
in practical joke. q. b.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22
Well ENDIOred-

Attending services at church one
evening several other girls and l
were in the same pew with a digni-
fed elderly woman. During the
sermon I glanced to the side of me,
and in the corner of the pew was
purse. Picking it up, 1 glanced
through it, showing my friends the
contents and counting the small
change closed it and was about
to place it back when the dignified
woman stretched forth her hand
and asked for her Purse. After
services ! apologized and the apoI-
ogy was accepted, but nevertheless
! was much embarrassed ana
learned a lesson. &c.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22
4 Good Windou
Shade at 60c

OF water-color Opaque cloth,
mounted on good spring
rollers, and each shade
equipped with crochet ring
pull; it is 80 inches wide,
and SO #. long. In white.
ecru, tan and ; shades OF
grecn-6oc.
UpholItery Section, Fifth hoOr.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22

Robert was fond of his Sunday
school teacher. On Saturday after
noon he met him, and Robert asked
what he was. and his teacher told
him he was a boOkbinder, to which
the child answered: 80, no wonder
you know everything"
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1922-03-22
BY SMITl

d. I'd
S,NeJ
Ase Ne |
epHsAiN
ASo nj
HoWeHS
Ga NnAA
lES sEI
| HAppE /
snilE va
| MAN. i
We kSoW
| NOT VIVA
TIE
| MORROW
| kWN SsiN,
EosIA-|
~<~~
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13
WEST SERENA

A, HcuchIn transacted business In
Ottawa Friday,
Mrs, Eva Malaise was an ottawa
shopper Saturday,
MIS-. Charles Randall and children
OF Millbrool, are visiting her parents,
MI and Mrs. James Pool, this week.
Paul Malaise and Emile Valentine
motored TO Ottawa Saturday
j, +, Kember shelied corn tor WIZ,
liam Dominy Monday.
Ed Claude Of Worthwhile was calling
on friends IN this vicinity Sunday
Camille Challier was a Chicago pas
senger Saturday morning.
The nlnety-One acres Of land belong.
Ing to the Mary A. Gibson estate was
purchased by Albert Marshall last
Saturday for 800 per acre.
Little Mabel Simpson, who has been
Ill with pneumonia, Is much improved
Mrs. Phil Cole and Mrs. f.. n. bud.
geon We're Ottawa callers Saturday.
Mrs, Charles Mckinley and daugh
ter Elolse were Ottawa shoppers Sat
! urday
Mrs. Arthur Dominy and children
spent Sunday with her parents, Mr.
and Mrs, John Holmes of Serena. Mars
Holmes has been very sick with pneu
monia, but is much better
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13

c Doris.
App Bill Inv & Widows Sci App
Est Michael Gaydos.
Inre Est Marion F Read-Time to
acct extended to Feb term.
Citation to acct-Est Bernice Lud.
dlschgd on acct of
wrongful issuance Of ciattion--ord
that costs be not taxed against est
&C.
Admrstn-Est Theodore Thorson
to Andrew Holland ct al bond $l0,.
600 appsras apptd adj Mch term.
Inv App--Est Chas S Iserman.
Waivers CT Widows Award -Es'
Chas S Isern en-.
Acct & Rcpt App-Est Bernard 2
Hettel.
Claim ALA G-Est Michael Fit2ger
ald-Luella Fitzgerald $500.
WHILST Sarah Tuberty to Jas j
Dougherty-on filing bond $4,000.
Petn to Cancel Note &c--Est Glen
0 JohnsOn-exrs auth to accept deeG
Of premises N question free and clear
of all membranes except the first
mtg lien &c.
Rept Priv Sale of Per PITY App
Est Arthur r Holman.
Petn Priv Sale of Per Ppty--E,t
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13
CIRCUIT COURT

| 25553 Mount vs. iiopp-dem to dcCl
hrd & overruled-mo by pin for rule
on deft to plead within 20 days al,
lowed.
2l43O Slattery vs. Bosselman-hrg &
judg for plif in sum OF S54A3 a. costs
ord special execution issue.
2i29l Vandepol VS. ONell-dem %
decl hrd and oyorruled by plff
for rule to plead within 10 days
allWd.
25l39 Cochran b Co VS. Streator Prod
Como by pin for rule on dcit 10
plead within ~ days allwd.
2iS04 Roher vs. Jorstad-mo to sup
press deposition oyorruled.
257SG Martin Purtle for the use Of
j Gorgal VS. La Sale Co Carbon Coal
Co--appeal,
2j7S5 John Boyd VS. Andrew Boyd 60
judg by confn for $l,2949j & costs
Master presents his term report
All parties int ord to file objns therr.
to within ) days.
1887 Mars l. & w p Co VS. Club
buck-order.
1854 Mink VS. Nink-hrg and decree.
20S3j Bowers VS. kilmer-hrg on
petn of Egbert Kilmer-decretal
order ent by agmt
1902 American Ironing Mach Co We
J l. Maierhofer-judg by confn foi
$l4517 q costs-eX issued.
1880 In re Est Fred Meinke-Joha
A Lamberton apptd Inheritance tax
Petn Prob Of WHILST James Man
nix-hrg cont to Jan 10. Henry
Schneider-cont Jan 10 at 10.
WHILST Frank Bapst to Elizabeth
Bapst-bond s2j0-appsrs apptd-adj
Mch term
Inv App-Est Louise NJ Jansen.
Admrstn-Est Katharine Devora to
Frederick Engelman-bond $1,000.
adj Mch term.
Admrstn With VIII Annexed-E5t
Edw Menne-hrg Feb at TO-
Claim Allwd-Est Fred w Daub-
2OO77 Wyylie VS. Crawford-dism by
plff at his costs.
21682 Harvey vo Logan c Co-samc.
24414 Schurtz VS. Schurtz-cause
transferred to law trial calendar.
Hatala VS. Hatala-mo by compt for
temp alimony & solr fees set fer
hrg Monday, at 10.
2192S Lakatos VS. LakatOs-mO by
deft for rule on COmpt to Gloss
proofs before Master in - days
allwd.
24SO4 Roher VS. Jostead-mo by pllf
to suppress deposition on file and
each interrogatory therein.
217S0 Lamps vs. Lamps-mo to show
cause set Mon at 10-same order
as 24S04.
25661 Watts VS. Keenan-lv to COM
pit to file amended bill.
25205 Clydesdale VS. Asso 1st Natl
Pictures-dismd.
257S2 r J Howells VS. Nellie c Mul-
vihill-judg by confn for $4S7.15 &
cOsts-ex issued
257SO Geo H Cousland VS. George
Yedinak for $541.87 & costs
same.
257S4 James O Lawrence VS. Cora NJ
Lawrence-divorcc Robert Carr,
sOlr
20OS6 1861 diamd for want of pres.
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13
SENATE BY 90 TO Al
DECIDES TO GIVE
SEAT TO NEWBERRY
NINE REPUBLICANS CAST BAL.
LOTS AGAINST MICHIGAN MAN
~ AM INDICATED" HE CRIES
AFTER RESULTS ARE AN.
NoUNCED.

Washington, Jan. l3--By vote Of
40 TO Al, the senate last night pro,
bounced Senator Truman II, New.
berry OF Michigan entitled to his seat,
which he now holds and which was
made the basis Of contest by Henry
Ford, his opponent in l9lS
All OF Senator Newberry's support
ers were Republicans, The almost
solid Democratic membership We're
Joined by nine Republicans in opposi-
ton. These were; BOrah, Capper,
Jones' Of Washington, Kenyon, Ladd,
Ia Toilette, Norbeck, Norris and
Sutherland.
Tho senate acted on a resolution
sponsored by Republican leaders as.
sorting that Mr.. Newberry was en-
titled to his seat but amended in last
minute conferences 50 as to condemn
excess expenditures of funds in sena.
torial campaigns.
Senator Newberry said
my heart Is filled with thankfulness
that the three years and four months
OF persecution have ended in complete
yindication and exoneration Of myself
and all concerned"
The roll call follows;
For: Republicans - Ball, Brande-
gee Bursum Calder, Cameron, Colt,
Cummins. Curtis, Dillingham;, Edge
Elkns, Ernst, Fernald, France, Ere
I'M IIola
Kellogg, Reyes, Lenroot, Lodge, Nc
Cormick, McCumber. Mckinley, Me
Lean, McNary, Nelson, New, Nich)l
son, Oddie, Page. Pepper, Phipps
Poindexter. Shortridge, Smoot, Spon-
Ger, Stanfeld, Sterling, Townsend
Wadsworth, Warren, Watson CT In
diana Weller and Willis Total, 46
Against: Republicans orah, Cap.
per. Jones of Washington. Kenyon
Laid, La Toilette. NOrbeck. Norris
and Sutherland-.9. Democrats-Ash-
urst, Broussard, Caraway. Culberson
Dial, Fletcher, Gerry, Glass, Harris
Harrison, Hefin, Hitchcock. Jones o.
New Mexico, King, Mcclellan, Myers,
Overman, Owen, Pittman, Pomerene
Ramsdell, Robinson Sheppard
Shields, simmons, Smith Swanson,
Trammell, Underwood. Walsh of Mas
sachusetts, Walsh OF Montana ami
Wihams-32
Six senators were paired, three Re
publicans, Grow of Pennsylvania, Du-
Pont of Delaware and Moses of New
Hampshire, being paired for Senator
Newberry With Senators Kendrick of
wyoming, Stanley of Kentucky and
Reed of Missouri, against.
Three senators were absent and not
voting. They were Senator New
berry, Johnson of California, Repub-
licans, and Watson, Democrat, Geor
gia
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13
The Oenarius.

The word penny occurs IA number
Of times In our English version of the
NerT Testament, especially in the four
Gospels; for instance, Matthew BOZ
and when he had agreed with the
labourers for penny a day, he sent
them into his vineyard" The coin to
which the name penny is given, was
the denarluS, Roman silver coin in
ejaculation in the time Of Our Lord
and the Apostles 1t was the principal
silver coin then in use throughout the
Roman Empire. From the parable
of the laborcrS IN the vineyard 1t
would seem that denarms was then
the ordinary pay for days labor.
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13
County Court

1892 TnTe Local Imp First Ave ct al
Ottawa-hrg on cert of completio.
--objns Lee Strohmeyer overrued
& judg of confirmation as per writ.
ten order.
1140O PEG VS. Jesse Lee-guilty-
fined 500 & costs.
l1401 PEG VS. Arthur Lee-same.
Admrstn--Est Byron ] Brock to
Christina Brock-bond $750-appsrs
apptd-adj Mch term.
Claim Allwd-Est Mary Shea-Delia
Shea $4,000. Est Mary Fitzpatrick
John F Marshall $500.
Whilst Sarah Tubcrty to Jas J
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13

Porter E Stebbins--sale ord &c. Est
Ferdinand CuniCo-sale ord &C.
App Bill & Inv App--Est Porter E
Stcbbns.
Gdnship-Est Harold Heiser ct al to
Fred Heiser ct al-bond $500.
Acct and Rcpt App-Est Gertrud"
Bolt2 ct al.
Proof of Heirship- Jos P Stan
Icy.
Rept of Sale Of Real Est App--Est
Sila9 Rasmussen.
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13
COURT HOUSE NEWS

Acct and rept app-Est Orville F
Phillips-order relieving accty until
1926-Est Ellen Killelea-order of
dist-Est Lemuel Barnhart except
as to rents for 192l-Arthur r Hol-
man.
Gdnship-Est Jos ELIAS ct al to
Helen Voilka bond $3.50.
Rept OF priv sale Of per pity app
Est Ruth Daugherty-Est John Bin
der.
Final settlement--dist ord-Est
Anna Danielson--John N Niebergall
John Binder.
Final settlement-Est Sett-Est
VIM r Wallace--Andrew Mutter-
Christian Anderson-Mary M Pool
Final acct &c rept app-Est Peter
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13

ldlLJsuRLL uOlSoa-'ESBa
sB GlIg5u luSl SS5JOId 5SLoAdL 5Ql
uOuRAL5SQo Ino mOLJ ana lUlp aA5I[
90 % 5All p.5M .Io0J u 10 lno uBW
p 's5Ygm oqM uBUoM I5V0uB 81 aL5Ql
ALaA5 LoI, :IBlS ulo0uIT 5Q sfBS
'u!6IeN bla Sch ssIahqo
Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1922-01-13

Dougherty - bond $4,000 appsrs
apptd--adj Mich term, .......
Inv App--Est Andrew Mute:
Rept PRIV Sale Per PITY App Eot
Edw Erickson.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-24
Philadelphia Markets

wHEAT-Receipts. 22o. 400 bush. euls,
but steady. Car lots IN export elevator.
No. 2 red winter. Sl.2i@l.26: No. rsd
winter. sarlicky. sl.1s9l.23. Other srad.,
quoted at the following schedule Of dis.
counts: Mixed wheat &c under red winter.
49, under whsa, e. e Sn'fr wSsa Mo- p No. %h..
eofSMkee$ips.' q. .st 9 Sush SSsn'' M.rk.. y
Sio l0Ts5 7ac! Car yd lo'i nj ssgHrt elevator
Soc Car is,s S Tor local e i0gs ,radsNo No. y.. T.
oATs.Sesslp,s. r. .Sos BUSH. 81 Mafk.s akss /:
shss III 44e aT No. o wS.e S loeaas's9Se ~ 40
FLoUR-Receipts. 400 barrels and l,i32.
S pounds he r. s"fts Sowns Market sus Ct. AID @ N
ju,s saeks-scft winter. straisht. wes,.rS,
Ssia @ wfuse srasS ar S az a. .sss
srsSGS fs, GS Sss5 .ssi; si
a. 80: fancy spring and city "Gra nils sa'va.. ea..
ent. family brands. so@o.75. Rye houf.
PRoVISioNs-stcad held. Follov,n.
quots: beef. in sets. smoked and air.dried,
4sc; beef knueke;s and tsnd::rs smoked and
q sic: do. do. smoked. 80 q ssc; hams. BOILED,
homeless. 6is; pIen,ts shSniders i%n $: r cured.
loosc. lie; breakfast bacon. 23c: lard. liz
EUTTEI,-sold slowly at former rates.
sold packed cresmery, in tubs hsh.ssSrin:.
S.GpSic: seconds. 20 q ale. sweet creamery,
choce TO fancy, 30 q i2c: fair TO good 3ix
N3Sk c: extra prints. jobbing at 44dI,c.
some special fancy brands higher: fair to
TdcsEFine. eggs firm at late advanc.
2hc: seconds. 2lM23c: Western. extra frsts
2Iisc nrsts. 2Shc; seconds. 81 q 23c: fancy
cantlcd eggs jobb.ng to retailers at 35n3ic
In cartons. and 34@3'c loose: fair to good.
CHEESE-Afarket firm. New York whole.
m ,lk-Fists. fancy fresh. 1914 q zoe: do fair
to coed; 1917 Tlnc: tonxhorns: 2O12oHe;
sales Of fancy goods. 81 M22c.
LIVE POULTRY Fowls. not Leghorns
| via express-Fancy. fat. yellow skinned 20
| q &c: fair to good 24@ Csc; fowls. Leg.
horns. according to quality. "3Nt 2hc: sprins
| chickens. not Leghorns. fancy fat yellow.
ssC5s,n9s oicks1s not .gh"rns saer ,.
fat yellow.skin. Weighing -l,AM2 lbs each.
80 G32c: spring chickens. Leghorns. smaller
sizes. % 561.Sc: old roosters. l5Il7c: ducks
White Pckin. 90 Il 22C: do mixed colors l4I
lSc; pigeons. per pair. old. 4oI 45c: young
DREssED poULTRY-rowls. frcsh.kill.d
dry-pIckcd. in ,oxes--wciz ching ~ lbs and
Weighing AZ lbs. 26T2ir: weighing 3 ibs
- q 25c fowls. frcsh.killcd. in hbis. dry
| pi :ked. weighing I lbs and over apiece. 2sc
weighing 81 lbs. 2tm CSC Weighing II,
srn: 4'@Soc: Do n'H!:by. 'oS555c: o!t
Southern. 171lSc: spring ducks. nearby
24c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-24
FINANCIAL BRIEFS

London oficial statement Reports
.oS1 200 in gold exported to America
in week ended June y
chicago Board Of Trade MEMBER
.b;n hns been sold for S3Noo' net 20
m'r s,,ro- off 5000 from the last previous
sale
r,o ov.ror, prize Of the twenty
nv ,',Lnstrtal stocks declined O.OS
ao.',n no,t yesterday 10 $500. while the
pr,u per ,ails advanced O,l3 per cent TO
So
sho,l Transport and Trading Com.
~ rcnnrt for 1921 shows proht OF
Ff44"SS Sr4 ori including f2.Ooo 600
hrouvht forward, Surplus Is e.
O69, ,5D5.
u,,,r.ss failures for the week ended
- DO number 800, which compares
"H., u;,b 35O last week, 324 in the NE
waek " Of 1921. ia in 1920, IL In l'l'
and $50 In 1913
n, and after June &c drfnitive bonds
- ,ho Strawbridge 4 clothier u per
cs csnt issue, due March !, 1912, VIII be
oo,,ob,nycable for interim receipts at the
,f;re of Brown brothers x 20.
,rho chicago Union Station Company
,oco;yod authority in nm Interstate
Commerce Commission order 10 issue
and sell S8.15O.O 600 IN pohds. uh"n
Srom the financing will be used 70 pay
,ho company's construction costs.
Stewart Warner Speedometer Cor
noration June sa es are reported 10 DE
axc"cd;ng MAY billings and currem,
o,or,cr's business is estimated AT N
n nor cont greater than the same perioG
nf last scar. Untitled ORDERS 'o'a
81, 500, 900. r,.h -,
"IWembers Of the Bond Men s CLUB OF
pbiiadelphia. at special meeting hrIo
i.st aveninv voted to continue the ex
stance of the organization and r1ecteo
officers and directors to succeed t'os'
whose terms expired at the close OF th'
6scnl year, June 13.
II onion Electric Railway In 1ssuini
ncxt week Fl 900, 900 in +E per, cent
! redeemablc second dcbrntures and cits
and south London Railway ~ issuinl
II 200. 900 in AZ per cent redeemapis
/ sorond debenturcs. Issue price IN potr
cases will be "a, with principal and
interest guaranteed by the treasu ry,.
-Canadian pulp and paper exports fo'
Nav were SIS, 800 $50. compared with
S6, iOO, ,35a in Apri! aud $7.eT ,52o IL
MAY, 1921. Newsprint exports wer,
| 5iO. .857 cwts. againste 883. .571 last
wear, and book paper 58(Dewts. asains,
ySS wood were 7s,fO cords. yslusd )!
! S74O, ,2S7 compared with 40,o70 valued
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-24
DIVIDENDS DECLARED

Asbestos Corporation Of Canada. quarterly
preferrch both payable Jaiy Is to stock OF
Moon Motor Car Company initial ouar.
terly 26c on common. payable August / 10
stock Of record July 10. and quarterly 81 TX
on preferred payable July l to stock OF
record June %. "
American Screw Company. quarterly ~
pcr cent. payable July I to stock OF record
June "a.
White Eagle OIL and Refining Company.
quarterly soc. payable July 10 to stock OF
record June 30. "
Herring HslI-Marvin Safe Company. extra
az per cent on common. and quarterly OF
~ per cent on common and Of ~ per re nj
on preferred. all payable July ! to stock OF
record June "a.
Canton Company. baltimore, extra soc In
l to stock Of record June IS.
Public Service c..,pee!r.'!on Of Northern
,l.'o on preferred; both payable August j
American. Telegraph and Cable Compan,
quarterly ~ per cent payable s.ptemb-r
to stock Of record AuEust 81.
Duduesns Light Company, quarterly ~
per cent on preferred. payable August / I,
stock OF record July I.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-24

STRENGTH Of ]. G.L.
A LOCAL FEATURE
Reduction Of Call Money Rate
Outstanding Development
Of tho Week

The active demand for Y. q. I. was
the overshadowinG feature Of the other
wise dull trading in the local market.
The movement was without definite ex.
planation but disclosed the floating sup.
ply TO have been pretty we'll cleaned
up. The active buying did not develop
until near the end or the first hour
but carried the prices quickly up over
q point to syn. making n net gain Of
2 points from the bottom price Of the
week.
Dealings in the rest Of the local stocks
were small and price changes unim.
portant. The Philadelphia Electric is.
sues were IN moderate demand and
closed Ct the top prices Of the week.
Ys1k Il Rnw,ts niys tsnns mad. d:uD %
response to the dividend action yester.
day and changed hands In small lots
at 27A. There were wide variations
IN several Of the so.called New York
stocks, notably General Asphalt and
Texas Il Pacific.
The more interesting developments Of
the week from local viewpoint were
supplied from a purely financial angle
rather than In the happenings Of the
stock market. There was marked cur.
tailment of activity IN the latter, which
shows signs Of entering into the sum.
In view of the rcalizations Of most
events which earlier In the year were
TO be classified In the category Of ex-
pcctntions. Therefore, just at the mo.
mcnt there is nothing in sight TO In.
spire fresh speculative imagination and
| II Is always hard to work up enthusi-
asm on known cold facts and figures.
1t was the money market which sup.
piled the more important events. The
reduction of the local call rate was al
most foregone conclusion, yet 1t was to
be accepted as further straw IN the
wind Of the almost phenomenal change
which has taken place In the monetary
situation from that of year ago.
While It shows to some extent q con :
tinucd piling up Of unemployed funds
il also indicates n policy on the part
of the loaning institutions to keep the
funds in n most liquid form possible.
1t has been the policy. however. OF the
local institutions for some little time
to employ loanable funds In short term
Investments in order to meet the eX-
rcctcd greater commercial demand IN
the fall. The stock market require =
ments have at no time been burdensome
az II has been only recently since the
lonning institutions have shown tho
slightest relaxation In the attitude to-.
ward discouraging any resumption OF
activities having the slightest suspicion
Of speculation.
vestmcnt bankers why the underlying
securities of the Philadelphia Rapid
Transit Company fail TO respond to the
resumption OF dividends by the operat
;n. cn,rpony In the opiniOn Of these
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-24
at s4T6.344 in April and 54,Dl4 valued
at S7l7.SlS In May. 1927.

at S4IO,334 In April ana ,,f,Oif Valueu
at S7l7.Sls In May: 1921.
Combined Federal Reserve ratio
stands at 70.l per cent. compared with
90 4 per cent a year ago. Present ratio
is highest point touched since Scptem-
bcr 81. 1917. Improvement In ratio
was brought about BY a decrease OF
STA. 900, 900 in deposit liabilities and
an increase Of 81 900 900 in cash re.
serves.
The American Water Works and
Electric Company has offered 10 the
holders Of the common stock OF the Po-
tomac Public Service Company an op-
portunity to dispose Of their holdings at
$40 cash per share (par 500. The
offer requires the deposit with the FL
deity Trust Company Of Baltimore on
or before July ~ Of at least 70 per
cent Of the total outstanding common
stock.
-Southern Pacifc's May gross opcrat-
ing revenue was the best this year,
S2l ,l23 ,9l5. against $40, ,448. 1928 In
March, previous record month this
yenr. The May report throughout was
the best in many months. revealing i'm.
! provcment in all branches of business
as we'll as in operating items. Gross
revenue was not quite so good as Il
year ago May. but net operating In
come of SO ,656, ,O68 was 81 ,s03, ,S03
greater than last year,
! -EIcessive heat and deficient moisture,
with danger Of premature ripcning and
shrunken yield have had much to do
this week with making wheat 60 higher
in price. A rise Of ~ to 3%c for
wheat. as compared with a week age
was shown this morning. At the same
time corn was up Inc to 2hc and
oats lasM1hc to 3Mc. The weeks ne,
change in provisions varied from 17(
decline to Zoe gain.
In connection with the proposed pur
chase by the Eastern Steel Compan!
Of the Warwick Iron and Steel Com
pany property. Eastern Steel will Dc
some financing. 1t is planned to Great
II new mortgage with authorization 70
~ .OO0. 600 bonds, of which amour
$1,000. 900 to - 200. 900 may be pres
entity issued. OF the amount 80 issue
something over 2,WO,0 900 would re-
fund the outstanding = per cent bond
under the existing mortgage, which ar
callable at 40. and proceeds Of abou
81. 500 900 OF the now bonds would
used to pay for the Warwick Company
Balance may remain In the treasury 70
future use.