davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-28
PLANS $17,5OO,OOO
NEW ICE SECURITIES
American Company Will Not
Issue Them Now-Asks
for Authorization.

Directors Of the American Ice Com
psny have decided. subject to the ap-
prevail of the stockholders at a special
meeting TO be called. to increase the
authorized amount OF bonds and stock
by s10.0oO.00o and s7.500.oo0. respec-
lively. This plan will bring the total
amount of authorized capital stock up
to Sl5,000.0 900. In announcing the plan
yesterday the company made it plain
that there Is no intention of issuing any
OF the new securities at this time.
Wesley NJ. Oler. in letter to stock
holders. summed up the years results
and expla ained the need for additional
authorized stock and bonds. He said !:
THE last year has been a satisfactory
one, in that the earnings were nearly
as large as those of 1921. which were
the largest ever shown by our company.
Last winter was a cold one, with con-
sequent large crop of natural ice which
added to the keenness of competition;
while the summer was unfavorable for
the ice business and resulted in falling
off In sales OF 1000 tons and an aver
age reduction in price received of %
cents per ton. But the addition to our
facilities OF new plants. labor saving and
fuel saving devices enabled us to ap-
proximate last years fine earnings in
spite of these conditions.
Our policy of enlarged facilities for
expansion of territory and a constant
introduction of devices to reduce costs
has proved to be wise and should be
continued. In the last three years We
have expended for new property, plants
and other improvements IS. 103,0s9. In
addition we have paid off through sink
ing fund and direct purchase of bonds
sl,201.s and through the purchase of
stock in subsidiary companies s7I,o3s.
ITO continue the policy that has
proved itself to be wise and successful
it Is deemed proper to provide funds
out of which to take advantage of op-
-portunities which will arise undoubt-
edy in the future as in the past to ac-
quire new property and business with
out drawing unduly on the current
earnings of the company"
The companys report for the year
ended October 81 shows net income OF
81, ,2s6, 2s9, or $1S 4S a share earned on the
common stock after deduction Of pre-
ferred dividends. which compares with
s19.4s a share earned in the preceding
year Total sales for the year aggre-
gated $4,000, ,404. compared witt! sl7, 25o,s57
the year before. and expenses. taxes,
SC, sl2 43s,5l2. compared with SS,4sl $50.
The balance sheet shows cash OF Sl.454,
37s and receivables Of sl,l26,2.5. Ac-
counts payable totaled sss2, ,l67.
The New York herald., 1922-12-28
Automobile Reports Good.

Two automobile manufacturing com
panies made reports yesterday which
show up very well indeed. The Hudson
Motor reported for the fiscal year ended
November 30 net profits OF s7,2i2 677
which Is equivalent 10 f603 "a share
earned on the outstanding capital stock
Gross profits were sl263i .iT6 and deduc-
tions for expenses depreciation. inter-
est. &c, 81 693. s65. For Federal taxes
81 ,0i2. 200 was charged off. After pay
ment Of si.16l. $50 in dividends there was
a surplus of s2.isi.iss. Roy ID. Chaplin.
president. characterized the year as the
most successful In history. The Packard
Motor Company's three months' report
showed net profits of S2,55S,isi and a
surplus OF sl70o,os7 after deduction OF
dividends of the common and preferred
stocks
The New York herald., 1922-12-28
NEW POWER PROJECT.

Announcements WAS made Yesterday by
the ByleshY Engineering and Manage
ment Corporation OF "A new electric,
water and steam mower construction and
development program for the cities Of
Minneapolis and st. Paul at an esti-
mated expenditure of ss0.000.0 900. Con.
struction work will occupy ten year
neriod and viii increase by 100000
horsepower the electric generating capa-
city of Northern States Power. which
serves $50 cities and towns in Min
nesota. the Dakotas. Wisconsin. Illinois
and Iowa. The latter company is one
of the operated properties of the Stand
ard Gas G. Electric Company.
The New York herald., 1922-12-28
MORE BONUS PAYMENTS.

Additional announcements of the pay
ment of bonuses to Wall Street en-
ployees were made yesterday. Spencer
Trask g. Co. will make distribution
January ] to its employees. This com
pany has q profit sharing plan OF forty
years standing. Lionelo Perera g. Co.
have distributed yearly bonus to their
employees ranging from 25 10 35 per
cent. Of yearly salaries
The New York herald., 1922-12-28
CUSTOM HOUSE RECEIPTS.

Receipts for duties at the Custom House
Yesterday were 81 oI,IIe.96, OF which
sti6 100 81 was for merchandise withdrawn
from bonded warehouses and S9Sl ,0j0.3l for
recent importatlons.
The New York herald., 1922-12-28
MONEY MARKET.
WEDNESDAY. DECEMBER %.

days a. Libe rty bonds and Victory notes. IS
days 4: 16 10 90 days. 4: bankers accept
snces, Is TO 90 DAYS. 4.
OPEN MARKET RATE.
CAN loans and scceptapces. es..,..,........4A9
Discount rates on prime bankers accept
ances eligible for purchase by Federal Re-
serve banks:
Bid. AK. Bid. Ask
60 eays.. " : 30 days days. ~
The New York herald., 1922-12-28
CONSOLIDATED coppERMINEs.

letter has been sent to stockholders
of Consolidated Coppermines by John f.
Sloane secretary. announcing the COM
pletion Of developments on the COM
pany's Nevada properties. The plant has
been put in satisfactory running order
and a working force OF about 200 men
Is employed there.
The New York herald., 1922-12-28
CIrARING HOUSE STATEMENT.

Clearing House exchanges. S72.. .OO0. 900:
Iva ances, SsI 900 900; Federal Reserve credit
balances, $50, ,00o. 600
SILVER MARKET.
Official bar silver in New Nork-Domestic
Qge.c unchanged :, foreign. 63izc.. up &c.
London. 30 tailed; Mexican dollars. 4sisc
up i5C.
The New York herald., 1922-12-28
RAW SUGAR FUTURES.
COFFEE.
rxpours FROM NEW YORK

Exports from New York yesterday we're
wheat, 4c5, ,022 bushels. corn, s3.0i7 bushels
oats, 2O.i5i bushels; rye, f2s, 192 bushels
barley, 54.ef7 burhely; buckwheat. 8,6ti
bushels; flour. 100, ,ss6 sacks bacon, b39, roc
lbs; lard, 8,Tp3,053 lbs. hams. 81 800 lbs.
stearine. 1890 lbs. grease, 100000 lbs.
90 tmeal, 1850 sacks, grass seed, i,si'
hsgs, oil meal. 900 900 lbs. I; oil cakes. 1855.
a. 900 lbs; lubricating oil. 1o4,foo gals.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18
PROGRESS IN SCHOOL
ACTIVITIES INDICATE
TREND, HABIT OF AGE

Various new activities In the life
of the local high school are provided
with the purpose of giving the stu
dents valuable information other than
that to be found in the regular stud
les, according to those who are in
charge Of the curricula.
While many new ideas are being
introduced into the student life of the
school, the value of those tried and ap-
proved are maintained and given prop
er recognition. The reason for inaugu-
rating new ideas into the school is
explained by officials, as follows:
Opened minded conservatism per-
haps would be the best way to char
acterize the policy of the Richmond
high school. We have always recog-
nized the value of that which has been
tried and found good, and at the same
time, we have been alert to possibili-
ties of improvement and growth. We
have progressed all the while and yet
have made no new move SO rashly as
to displace the old, that was worthy
by the new and untried-we have TAX
en- no forward steps that we have had
to recall"
"a concrete example is the history
of the junior high school movement in
Richmond. We were among the pion-
eer the study of and experiments
tio the junior school and yet it
wa a decade from the inception
of dea before the taxpayers were
asked to spend money for junior high
school buildings. No time was wasted
we kept abreast of the best and con-
tributed no little to the experiment
ourselves; we utilized what good in
the preceding arrangements followed
no fads; and when the junior high
school idea advanced from an expert
ment to an accepted principal, our
program of studies was ready and we
know exactly what kind of a junior
high school to build. Even after pro.
ceeding in this sane fashion, we are
still among the first to develope fully
the junior high school idea"
Must Be Change
: 1.-THE must always be progress and
change; new things must be added
There must be a reason for seekins
change and the new must be justified
| by experience. Too few pupils were
continuing their education into ant
through the high school. To remedy
this condition the junior high schoo
was instituted and the program O
studies of both the junior and senio,
high school was improved by the add
ition of new courses, by the enrich
ment of the old ones, and by the in
auguration of student social activi
ties that developed 'iniative leader
ship" cooperation and intelligent ODE
dience to authority-that enabled tn
student to learn how to live in
democratic society.
'All this may not yet be enoug
but results have proved this muc
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

good: the high school population has
Increased twice as fast in 10 years as
the city population"
Now, anything that is new needs
to be advertised the new things were
advertised-effective advertised. II
so happened that the new things Gath
1etics, dramatics, practical arts, music,
shows, clubs, etc. were by their ma
ture easy to advertise.
Wrong Impression
"But as the result of this advertis-
ing an unexpected and undesirable
impression was created, incidental to
the main purpose. The public began
to think that the new was in the main
intent and that the old was side
show. This was because the old
courses were not advertised; 1t was
taken for granted that the public
knew about them.
at is regrettable that such an i'm
preston should be current. The fact
is that English, mathematics, science
history, and foreign languages still arc
taught; they occupy so per cent more
actual minutes of the school day thar
they did 10 years ago and are consid
cred Just as important as ever they
WOI0. II 10 Ol1y IA4eAS ON00~--SS ~
have the privilege of learning many
things additional to these subjects.
"In order to correct this false i'm
preston that some may have, the
schools are trying to advertise the
standard courses in two ways:
I'D BY inviting the public to visi
our schools during school hours in or
der to see for themselves what WI
are doing. Most parents come onll
when extra school activities are OF
view.
"(2) BY putting on exhibits of &C
| tual class work in all departments o
the school. Such exhibits are now be
! ing given in every school. For thu
! trouble it takes to come, one may con
vince himself that no established
phases of school work are being neg
| lected in Richmond and that man.
additional ones are fostered for tn
benefit of those interested"
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

meeting the evening was spent in
games and music, after which lunch
con was served: Those present were
Miss Myra Cox, Miss Freda Haisley,
Miss Rhea Porter. Miss Maybelle
Crouch, Miss Catherine Ullerich, Miss
Gwendolyn Splitter, Miss Meta Wey-
man, Miss Edith Heinrich, Miss Fran
ces Roser, Mrs. Wilson Taggart. Mrs.
Harold Thomas, Miss Cora Blomeyer,
Miss Mabel Bullerdick. In two weeks
Miss Edith Heinrich will entertain the
club at her home on South Thirteenth
street.
A recital will be given by four artist
pupils of Miss Laura CASTOR, assisted
by Mrs. T. o. Cantwell singer, and
Miss Mary Jones, violinist, Thursday
evening at o'clock, in the high school
auditorium. The public is invited to
attend.
The children's party to have been
given Saturday afternoon at the Coun-
| try club has been postponed on ac-
count of Day Nursery Tag day. The
party will be held week from Satur-
| day.
A special meeting OF the Ladies'
!
No. 43, Sons of Veterans, will be held
/ Friday afternoon at 2 o'clock in the
post rooms All officers and members
are urged to attend.
Mrs. Ira Wood and Mrs. Martha
Hawkins will be hostesses to the Hill
top Sewing circle Friday afternoon
at their home, Al South Twentieth
| street.
Calanthe circle and Pythian Sisters
will meet Friday evening at Eighth
and Main streets to take the 7:15
o'clock car to spend the evening with
I Mrs. Henry Westenberg.
A meeting of the Ladies' auxiliary
of Genn-Lichtenfels post will be held
Thursday evening in the club rooms
All members are urged to attend.
The Ladies' Aid of the Science
Church of Spiritualists will meet Fri
day afternoon at 2:30 o'clock in then
: new quarters on the fourth floor oil
the K. of P. building.
The Neighoorly club will meet with
Mrs. Frank Austerman, Henley road
Friday afternoon.
; A dance will be given at the Rec
Mems hall Thursday evening by Faitl
Star lodge. All members are invited
to come and bring their friends.
short lodge session will be held be
: fore the dance.
The meeting of the n. o. B. cluE
f, to have been held this week, has beer
postponed until Friday afternoon, Ma!
&c.
! All members of the W. B. A. of thu
| \. e.
) team practice Friday evening, May 19
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

/, the man who will succeed him as
assistant physical director under L.
A. Schwan at the Fort Wayne Y. M.
C. A. will be Paul Hayward. of this
city, according to an announcement in
the Fort Wayne Live Yer, the asso-
citation paper there.
Hayward graduates from the Chi
cago Y. NJ. c. A. this spring. 1T is
an interesting coincident," says the
Live yer, that Mr.. Hayward, who
now comes to assist Mr. Schwan, re-
ceived his first impetus for associa-
/ ton work from Mr.. Schwan when he
served as a member of the leaders
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

Plans are to be discussed at this time
for the associations annual dinner
The Ben Hurs will give their regu
lar dance Saturday evening at the
Ben Hur lodge. Harriss orchestra
will play. Members and their friends
are invited to attend
All members of the Ben Hur lodge
are requested to attend a special meet
ing Thursday evening at 1880 o'clock
at the lodge. Important business is
10 be transacted.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

corps under Mr. Schwan at the Rich
mond Y. NJ. C. A."
Mr.. Hayward begins his work at the
Fort Wayne "Y" June Z.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

Two European capitals, Petrograd
and Madrid, were built to order, the
one by Peter the Great, the other by
Philip II, who chose the lofty site be-
cause of the asthma from which he
suffered.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18
LOCAL BOY TAKES "Y
JOB AT FORT WAYNE

When S. c. Peters, new physical
director of the local Y. M. c. A., ar
rives to take up his work here June
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-05-18

In Christian art the goat is regarded
as an emblem of impurity.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15

could use it. But out of their conferences came
a greater plan---the thought of placing at the
disposal of all unfortunate children in the state
a hospital for them alone So the childrens
hospital is to be built. The state has made the
initial appropriation and will maintain the hos
pital but money viii be needed urgently to carry
forward the entire program. This institution
when finished will be free to all children whose
parents cannot pay for medical or surgical care.
1t will give to them every attention that modern
science can provide. There, in the name of
James Whitcombs Riley the afflicted boys and
girls of Indiana will be made we'll if medicine
or surgery can reach them. Such program
cannot fail. How quickly it VIII become a
reality depends wholly on the liberality of the
people of Indiana
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
A DAY OF NEW HOPE.

AS an event in the Christianity Of humanity
Easter, not so much unlike the Christmas sea
son which comes few months before. is great
day Of hope and new life. And Easter has the
additional charm of being seasonable. The en-
thusiasm of devotees of the Easter bonnet and
other finery is contagious; its impulse to exult
in the advenIof new order is irresistible to
humankind.
Easter symbolizcs the triumph of the spirit
over the body. And so it is in the growing
world. of vegetation. Obsruson of selfishness,
feverish materialism and unseemly display are
not be sanctioned at the expense of the heart
and soul of humanity, but an annual reminder
Of the one great fundamental truth it is the most
significant of all days.
To the thoughtful Easter is proof unbounded
of hope inexhaustible, of life eternal, of prom
Uses that will be fulfilled. It is day without
parallel With the sublime figure of the resur-
Iection before him no man need despair. It
makes the believer see his future with conf
dence rooted in firm faith and guided by the
event which gave the world new chart of life.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
AMERICAN INDUSTRY FIRST.

Although the tariff bill as drawn by the
senate finance committee and rcprtcd to the
senate finance committee and reported TO the
house. both bills have the same aim and with the
reconcilement of differences there will result
a tariff act promotivc of prosperity SO far as
that is possible by legislation in the present
abnormal state of world trade.
Since the degree of protection that ten years
ago was capable of supporting American stand
ards Of living would be insufficient now, the
proposed rates of duties necessarily average
somewhat higher than those of the Payne-A-
drch act, the Republican law which was con-
temptucuhly cast aside by the Wilson admins
tration. The proposed rates ,ot course, arc rnuch
higher than those provided in the Underwood
law, the last Democratic tariff which brought
American business to the verge of ruin from
which it was saved only by the outbreak OF the
war in Europe.
America today has to fear not merely
cheaper goods from abroad but Tar greater
volume of imports pressing for dominance IN
American markets. The protective tariff Will
be a dam against the menacing flood. II will
permit the maintenance of essential price levels
here. price levels that will assure employment
of Americans at satisfactory wages and form the
basis of domestic taxation that is bound to re-
main high for many years. Unless American
industries are adequately protected it viii pc
difficult to raise the revenues that are now re-
CURED.
Expectation at Washington that the tariff
act will occupy the senate for the greater part
of three months is based on knowledge OF the
intricate problems involved. 1t is not too much
time to devote to policy that will play an i'm
portant part in the future Of American industry.
While considerable debate may cnsue agree
ment between the senate and the house will
swiftly follow it is predicted.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
HOW MUCH DO
YOU KNOW 4?

Where did the early Egyptians
believe the source o. the Nile to bel
e-How long has the United
States been exporting cotton?
s-who is our ambassador to Ger
many?
what is the City Of Five
Flags?"
5-Where was dice invented?
lis oatalepsy a disease?
What man voted against the
Declaration OF Independence ana
later signed Il?
s-Hov does mud turtle I've
during the winter?
Slow is the name "Cayendisn'
pronounced?
lo-Who invented the rest
cureg"
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
THE RILEY HOSPITAL.

Enthusiastic endorsement was given the
proposed James Whtcomb Riley Memorial Hos
pita for Children at the meeting held in Indi-
annapolis Thursday Secretary of Labor Davis
spoke inn behalf of the nation and also as a
former Hoosier who knew Riley and loved him.
Governor McCray pledged the heartiest CO.
operation in the coming campaign to raise en-
dowment that will enable the hospital to be of
the greatest service. Similar promises of help
were Forthcoming from every speaker The
campaign is now under way and its leaders are
confident of its ultimate success.
The Riley Hospital will be state institu-
ton. Back of it is that thought that if the
Hoosier Poet were alive today and could be con-
suited as to the way he would like to be remem-
bered in years to come he would say that what
done for the children of Indiana would
satisfy him. He wrote not only of but for chill
dren. Chldless though he was he thought of al
the little boys and girls in Hoosierdom being
mmebers of his own family To them their
childish ways, their hopes and fears were his
Their happiness gave him Joy and he chroniclec
it. Their sadness brought him sorrow.
Riley's friends considered various ways
whereby an everlasting tribute could be paid him
They might rear shaft of granite that would
attract the eye; they might throw open q play
ground somewhere for the happy children who
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
REST ON SEVENTH DAY.

Postmaster General Work should have the
co-operstion of people everywhere in his desire
to curtail Sunday work in postoffices There
was time when every Businessman in every
large city thought he had to. go through his
mail on Sunday.
The postofficr department discontinued
delivery servi:- in. cities on Sunday and the
change did not cause even slight Jar IN the
business world. Entirely aside from any re-
ligious consideration it is good thing for peo-
pie to get their minds entirely off their work
one day in seven.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
vT YEARS
~ AGO

T.. ID. packard alias Frank
Murray, OF Cleveland, O., plead
cd guilty to the charge OF
swindling housewives on mag
azine game this morning when
arraigned before Judge Reit-
err. Sentence has not been pass
ed.
August H. hlass sold is
acres OF land southwest OF
Crown Point yesterday to John
II. Guirtz for $4,000.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15
ANSWERS TO YBsTERDAf's
QUESTIONS.

what british island lies nearer
the Panama Canal than any OF our
own? Ans. jamaica
What does the word "sibyl"
mean at the present time: Ans. a
fortune teller or gypsy
s-What color are Arctic owls?
Ans. White.
I'm what building are tn. fast
est elevators in the world? Ans. in
the Woolworth building In New
york city. They rise 700 feet a
+, minute.
what is. the pension OF hold
ers OF the Congressional Medal Of
Honor? Ans. Two dollars monthly
SLOW many counties are there
| in the United states? Ans. The 1920
census shows os9.
7-Where was the first Chamber
OF Commerce organized in this
country? Ans. In New York in 1853
&-Were the Republics OF South
America ever united in one govern
ment? Ans. In 1923 there we're or
| ganized. This federation was com
| pletefy dissolved n 1S4T.
o-where is paper money made.
Ans. 1t IS printed only in Washing
ton at the bureau Of engraving anc
printing.
1o--How many former seryic,
men still carry government insur
ance? AnssThe first OF last month
there were 3es.o23 term policies IL
force. There were 27I.eo4 convert
| ed policies
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15

Henry Batterman ditched his
automobile and jumped last
night at Dyer to avoid col
lission with q locomotive At
the E. J. & e. crossing. He
escaped injury but the car vas
badly damaged.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15

The East Side Improvement
Assn. OF Hammond last night
passed a resolution favorinE the
opening and widening OF Calu-
met, ave. New officers elected
were s follows: President, Ed
ward DInwiddie; Vice president,
C. n. whitaker; secretary
treasurer, Otto puelke.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15

Ed Dibos and Fred lIeintz
who were arrested for speeding
with their automobiles on south
Holman ST.. pleaded guilty be-
fore Judge Barnett in the Ham
mond police court and were Civ
en- fines of $40 and costs each.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15

SOLOMON NEVER copyrighted his stuff
Photographers owe him lot for that.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-15

Miss Virginia Brooks today
announced herself as q csndi-
date for president OF the Board
OF Education of the south dis