davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-11-15
BONDPRICES
DEPRESSED BY
PROFESSIONALS
Bears Use Same Methods on
Bond Mart as in Listed
Stocks.
by MUNROE ROBERTS.

NEW YORK. Nov. 15.-It is not
often that the methods used by bear.
ish professionals to depress the
prices OF listed stocks are transferred
to the bond market. Recently, how
ever. particularly in connection with
the heavy selling OF speculative rail-
road bonds. such methods have been
employed. IL IL somewhat surpris-
ing that disquieting statements, en-
tirely unfounded, should have been
circulated concurrently with the gen
cral reaction Of the bonds OF foreign
governments. 1t is problematical, of
course. just how much the present
weakness in French government
bonds is due to the circulation OF a
rumor to the effect that the French
government would be compelled TO
default on the sinking fund pay
ments OF its external IA per cent
bonds, but at least these rumors
were partly responsible for that
movement.
The bankers for the French gov
ernment have felt II necessary TO
state officially that all the sinking
fund payemnts in connection with
the 5000, 1000 900 French republic ex-
ternal bonds had been promptly
paid and applied as provided by the
contract. Up to November IL. II Is
stated that over $4,000. 900 of the
g per cent bonds and over $9,000.OOO
Of the ~ per cent bonds had been
redeemed by these funds. In the
8 per cent bond transaction, the
French government agreed to pay
no less than $4.400.000 annually.
to he applied TO the purchase OF
bonds at not more than ITO. and
in the case Of the 7i2 bonds. not
less than $9.00O,0O0. in monthly in
stallments Of not less than s750.000.
The decline OF about Is points in
the prices of these government
bond issues has brought them to an
attractive income basis. Many
shrewd investors are now preferrins
them to domestic bonds which do
not compare favorably from the
standpoint of income returns. feel
ing satisfied Of their ultimate safety.
1t Is calculated that the back In
terest on the British war debt at the
present time amounts to about $500.
900 900. A second payment Of $780,
900 900 is to be made today on this
account, and II is stated that the
BRUSH government Will make TeRu-
lar remittances until the whole
amount has been liquidated. The
Treasury Department will find this
interest quite convenient as an offset
to it's own payments Of Liberty bond
interest today.
A new issue of $500. 900 Sioux
City Gas and Electric Company per
cent first mortgage gold bonds. series
A. due September I. 1?47. is being
offered today by a New York bank.
ing syndicate at 99h and interest, to
yield about sos per cent. The bonds
are non-callable for ten years except
through the sinking fund. Gross
earnings of the company for the
year ended August 81, 1929, reached
81 ,s09,564. which compares with the
interest on the total outstanding G
bonds, including this issue. of 500.
900. The new bonds are issued to
finance these new acquisitions and
are a first mortgage on all the prop
critics of the company.
The Washington times., 1922-11-15
Cotton Market.
Furnished by w. n. Hibbs & co.

NEW YORK. Nov. 15.-Many
traders took advantage OF the break
of Is to Al points to buy contracts
at the opening of the cotton market
today. This was especially true Of
old bulls. who sold out above 26 for
December. The trade was a heavy
buyer. and there was support like
wise from New Orleans interests.
Offerings came from foreign houses
and were in the shape of overnight
selling orders Later the list
steadied and recovered over half of
its initial loss.
The Washington times., 1922-11-15
BUILDING OPERATIONS
$500, ,ooo,o 900 IN OCTOBER

NEW YORK, Nov. 15.-Building
operations totaled 100000 for
ten months ending November 1;
and $500 100000 in October. accord
ing to the national building sur
yey of s. w. Straus & Co.
Reports from important cities
throughout the country show A
great demand for residential build,
ings, shortage Of office buildings,
and some demand for extensions to
Industrial plants and miscellaneous
construction.
Building costs show rising tend.
ency. Wages are advancing and
relations between employers and
|employes generally are amicable.
The Washington times., 1922-11-15
Foreign Exchange.

NEW YORK, Nov. 15.-Sterling,
demand. s4.47; cables, s4.FA.
Francs. demand .066Sh; cables,
.0669. Lire. demand, .0463s; cables,
.O464. Marks. .o0O1X. Belgian
francs, demand, .062312; cables,
.o624. Drachmas, demand, .016s: ca
bles, .0170. Swiss, demand, 1897;
cables, 1899. Guilders. demand,
1927: cables. 1890. Pesetas, demand,
1925: cables, 1927. Sweden kronen.
demand. .26S4; cables, .26SS. Nor
way. demand, 1888: cables. .1S42.
Denmark, .2021; cables, .20.25.
The Washington times., 1922-11-15
Values Two Short Lines.

The Interstate Commerce Com
mission today announced that 1t
had fixed a tentative valuation Of
s22, ,2O5,S21 on the property Of the
Rutland Railroad Company of Ver-
mont. The Commission has also
fixed a tentative valuation of s4l0..
$50 on the property Of the Knox.
Vile, Sevierville and Eastern OF
Tappeaaee.
The Washington times., 1922-11-15
MERGENTHA[ER
DEC[ARES21-2
PC. DIVIDEND
To Be Paid December 31-W.
R. E. to Pay Annual Dividend
on Preferred Stock.
BY HARRY GUsACK.

Two dividends of particular In
terest to Washington investors
were announced today.
The thirty-seventh annual diVi'
dend of 2h per cent on the pre-
ferred stock of the Washington
Railway and Electric Company Will
be paid on December l. The books
for the transfer of this stock Will
be closed from November is. l922;'
TO November 81, it was announced
Directors of the Mergenthaler
Linotype Company have declared
the regular 2h per cent quarterly
dividend, payable December 81, to
stockholders of records December q.
The Washington times., 1922-11-15
Dincley to Speak.

The Maine State Society will have
for it's speaker at it's meeting Friday
evening at s o'clock In the audi.
torium of the Thomson School,
Twelfth and L streets northwest,
Edward Nelson Dingley, the tariff
expert. There will be musical
program and dancing.
The Washington times., 1922-11-15
Forum Dinner.

The first forum dinner OF the
postgraduate class of the Washing.
ton Chapter. A. l. b., will be held
next Tuesday evening at 6 O'Clock
at the Cafe Madrillon, 1t was an
nounced today by r. G. Addison
chairman of the forum committee.
DIR. George w. Edwards, educa.
tional director of the institute, will
speak on Economic Conditions in
Europe."
The Washington times., 1922-11-15
Liberty Bonds.

Furnished by w. B. Hibbs & Co.
The Washington times., 1922-11-15
Joins Advisory Board.

Charles J. Happier, an attorney
with offices in the Continental Trust
building, has been added to the ad'
visory board Of the Dupont branch
Of the Merchants Bank and Trust
Company.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
SATURDAY. SEPTEMBER 90. 1922.
ABOUT BIBLE-READING

Has. Bible-reading gone out of
fashion, The casual answer
would probably be in the afhrma-
tive. A distinguished outsider.
however. has observed America
and her ways. and come to a diff
ferent conclusion.
President Alessandri OF Chile.
in the interests of his Office, has
endeavored to fix upon the secret
of the United States greatness
that he may adopt it for his own
nation. 81 may tell you," he said
TO an American friend. that the
only book | have in my bed
chamber is the Bible. ! read it
every day and try to make it my
guide. Don't understand that |
am Protestant. for am not.
Neither am | Catholic. But |
believe ! am true Christian.
And for this reason | believe that
| will succeed in my reform pro-
gram. | believe that your coun-
try is great, not because you are
great business people, and or
game great business enterprises.
but YOU are able TO succeed in
these things because you are a
Bible-reading people. want Chile
TO follow YOUR example in this
matter that we also may be truly
great"
Whether this judgment be a
fair one or not. it should set
Americans to thinking. 1t is
surely true that whatever lasting
success great organizations any
where have attained or will at
tain. must be based upon the solid
principles which the Bible @has
been the first TO PROFOUND.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
A COMPARISON

What is called in. building con
struction the margin of safety"
must be. in the case of the nerves
and physical body of human be-
ings a very generous one. The
common run of mankind seems to
be able to endure more shan one
might imagine.
We naturally associate pnvsi-
cal stamina and endurance with
primitive man. We like to think
of the aboriglne as sleeping on
the baic ground with nothing but
his war paint 10 cover hir.; a
being able to so swimmE ( IN
February. If he took it into his
head he could run one hundred
miles day. snatching. his food
berries and roots-on the run;
and at the end OF his little iaunt
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23

he might be persuaded to make
a night Of il with his fellow war
riors. After which came a wink
or two OF sleep.
We haven't much exact infor-
nation. however. on the doings or
the aboricinc But little obser-
walton OF what modern man or
woman can do may lead to the re-
Election that for sheer energy and
endurance the aborigine wasn't il
AZ with US. What would he have
done with the roar OF modern
traffic pounding away At his an
ditory nerve incessantlv for.
hours Could he have picked his
way through the vast throngs Of
shoppers that almost constantly
are encountered in the downtown
sections OF the cities during the
busy hour?
The a5origiue inaS have had
tie fort.tade 10 run one hundred
uiil~s day, Tut did nc ever go
ND and down flight of stairs
fifty times day. and sweep and
dust. and do the dishes, and bake.
and darn socks. and 90 shopping.
and prepare the meals. and res
cue his own offspring from the
pugnacious gestures Of the neigh
bors' children? Did the abor-
igine in all his splendid vigor
ever go through as composite a
daily routine as this?
Maybe the aborigine had d
strong physique and nerves Of
steel. but the fact that so mary
of us survive the DAYS Shocks
and strains which seem to be al
most unending speaks rather web
for our own outfit of nerves aud
sinew. Judged by what we can
endure, modern man is hardy
stock.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
PfSSlNG OF THE RAzoRBACK

The country is being over-run
with poisonous snakes. the gov
eminent biological survey and
forestry service informs us. and
the same governmental authori.
ties advise that the condition is
attributable to the passing of the
razorback hog.
In days OF yore the razorback
might roam as they listed, and
there were few fences to keep
them out of forest glades and pas
ture lands. The habitats of the
rattlers were their abode, and ii
was a matter of scientific interest
TO see one OF the frequent battles
they would stage.
The problem was long in dis
pute as to why the razorback was
almost always the victor. Then
it was observed that although the
RATHER struck with all his fang's
poison, the tough hide and layer
of fat lying right under it rend-
cred his opponent immune. There
is no circulation in the fat. and
the poison was not distributed.
Now. however. with most far
mers preferring Poland Chinas or
other breeds to razorbacks. and
with the increase of fences in the
country, the rattlerS are increaS-
ing.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
B. j. WIEGARD
81 School ST.
PHONE 459-J. S.
CITY OF ANNAPOLIS
COUNSELLOR AND ALDERME
NOTICE TO CONTRACTORS


Sealed proposals for building three Sec
tons OF City Highway as follows -
Thompson Street.-The section of high
Greek (014 miles) alternate bids Con
cretel, Penetration MacadaIn).
Murray Avenue-0ne section of highwav
between First and Second Streets t0IC
miles, alternate bids (Concrcte). fPene-
tratioa Macadaml
Calvert Street-0ne section of hiShvar
between Northwest street aud Short Line
tracks Zoos milesl alternate bids fron-
cretel, fermentation Macadanl
will be received by the Mayor Counselor
and Aldermen at their Offices. Council
Chamber, Annapolis. Md. anti L. n or
the 2ad day OF October. 49, at which
time and place they will he publicly OPEN
ed aud read
Bids must be made upon the blank nro-
7osal form which. with specifications and
plans. will be furnished by the Mavor
counselor and AldermcD upon application
and cash payment of S.00 as hereafter no
charges viii be permitted
No bids viii he received unless accom-
nanied by a certified check for the sum of
ave hundred tS59ol dollars. payable TO the
M3yor. Counselor and Aldermen.
The successful bidder will be required
70 give bond. and comply with the Acts of
the General Assembly of Marwand re
specting contracts.
The Mayer. Counselor and. Aldermen
reserve the right to reject any and all
BY order Of the Mayor. Counselor and
Aldermen this 2lst day of September
JOHN "A. RUSSELL
Chairman Street Committee
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
70 the Editor Of ne E0ynino Capitol

To the Editor of the Evs'iia0 Capital
Is public ownership of the Annapo-
lis Water Company going to he proven
a failure? The Water Company is
now being managed just as it was
predicted it would be by those who
opposed its being municipalized. II
is publicly owned, but ii is not con-
trolled and managed by the public who
own Il.
Instead of being ruled by the poo-
pie who own il. ii is under the ar
bitrary rule of a directorate over
whose actions they have not the
slightest power or control. This adi-
rectorate can elect and stipulate the
amount of the salaries of any NUM-
Ger of .superintendents, managers
soremen, secretaries, collectors anE
plumbers without suggestion of con-
sulting with the people. the owners
Of the water plant. as to whether il
is right or wrong to do so. provided
they can secure the approval OF the
Mayor and Council of said city. The
general public still retains general
supervision over the Water Depart
ment and also the right to alter or
veto anything that does not suit it
And the Mayor and Council ought moi
to ratify the proposal to be submit.
ted TO il for consideration on the 25th
of this month without first inviting
an expression of public sentiment and
opinion on the advisability or mad
visibility of granting the requests
contained therein.
When the company was privately
owned and operated its directors man.
aged its financial affairs without any
compensation for many long years
Today this little subordinate depart
ment of our City Government is cost
ing us for its management and opera
ton about ten or twelve thousand doll,
lars annually. so that, instead, of -nrps,
posing an increase of the expenses. for
its operation we should be trying &c
find ways and means &c reduce the
same. | am sorry that l cannot go
more fully into a discussion Of the
matter but time and space Will not
admit of my doing so at this time
My interest is for the general public
which so often fails to see a thing
of Importance until it is too late
/. H CLAUDE.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
FOR SALE

Dwelling Hanover St.. SO, 900
Spa View Heights $500
Chesapeake Ave. $500
Brewer Ave-. -. $500
Bungalow West Annapolis. $500
Chesapeake Ave. 1000
Severn Ave...... 5000
Dwelling State St......... 1880
BOT Murray Hill. -. ... $50
Part Cash Balance on time
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23

WHEREAS. al the January Session of
the General Assembly of Maryland. held
In the year 1922 five Acts We're passed.
proposing additions and amendments TO
the Constitution OF the state. tofwlt:
Chapter :. proposing an amendment TO
Section II Article ;, title. Legislative
Del.artmcnts': CHAPTER 20. proposing anl
amendment 20 Section 4 of Article ). title.
Legislative Department Chapter 14i.
proposing an amendment to Section or
Article G. title Treasury Department ;;
Chapter 80, proposing an additional Ar
ticie 10 the Constitution. 10 be known as
Article XVII thereof. title, "Quadrennial
TO Section 10 of Article 10,
title. Miscellaneous" and which said i've
Acts are ia the words and figures follow
ing:
CHAPTER :.
AN ACT 70 propose an amendment to. Sec
ton of Article Ill. Of the Cons;itu-
ton of the State OF Maryland, title
Legislative Department. increasing
the number OF Legislative districts OF
baltimore City, and providing for the
submission Of said amendment To the.
qualified voters of the State ~ Mary
land for adoption or rejection:
Section J. BE :; enacted by the General
Assembly OF Maryland. three-hfths OF all
the members of each of the two Houses
concurring that the following Section be
and the same is hereby proposed as an
amendment 10 Section OF Article III OF
title Legislative Department the same ii
adopted by the legally qualified voters of
the State. MS herein provided. TO become
Section = of Article Ill of the Constitution
of the State of Maryland.
? The City OF baltimore shall be d.
gided into six Legislative districts as near
as may be of equal population and of con
tigaous territory. and each OF said legis.
!ative districts of Baltimore City, as they
may from time 10 time be laid out. in ac-
aOrdance with the provisions hereof, and
each county in the State, shall be entitled
10 one senator. who shall be elected by
the qualified voters of the said legislative
districts of baltimore City and of the
counties OF the State, respectively, and
shall serve for -four years from tlse date
" his election, subject TO the elassiiica-
tiOn of Senators hereafter provided for.
See >. Aud be ii further enacted by the
authority aforesaid. That said aforegoing
section, hereby proposed as an amendment
TO the Constitution, shall be at the next
Of Representatives, of Congress held in
This State submitted to- the legal and
qualified voters OF the State for adoption
or rejection. in pursuance of the directions
contained in Article XIV of the Constitu-
tion az this State, and Mt the said general
amendment 90 the Constitution shall be
by ballot and upon each ballot there
shall be printed the words For the Con
stitutioaal Amendment and f'Against the
CONSTITUTIONAL Amendment, as now pro
sided by law, aud Immediately after SAID
election due returns shall be made to the
Governor OF the vote for and against said
proposed amendment, as directed by said
Fourteenth Article Of the Constitution,
and further proceedings nad In accord
ance with said Article Fourteen.
Approved March !, 1922
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23

GROUND ANA l'tenIiseS and described
beginning for the same at a point in the
centre of the county road leading from.
Annapolis To 0denton az the northwest
corner of the school lot and running irons
thence and with the center OF said road
North - degrees, West lgs feet North :
degrees West 21U.4 feet North ID degrees
West JsI.1 feet. North ~ degrees 80 lnin-
utes West 2aT feet, North GAdegrees. West
$50 feet North 81 degrees 80 minutes
West 264 feet. North 81 degrees 30 minutes
West 800 feet South 20. degrees. Nest
30l.1 feet, South 81 degreesi 20 minutes
West lG5 feet, TO the center of Washing.
ton, baltimore and Annapolis Electri,
Hallway thence with the center of said
railway in an easterly direction 26JJ feet
more or less, to the southwest corner oi
the aforesaid school lot; thence with the
said lot ~ degrees East 15J feet to the
place of beginning. Containing eighteen
and four tenths acres of land, more = o.
less.
For the title see Land Records OF Anne
Arundel county, I.iber w. y ". NO rs
folio 30, etc, from John l.. Dorsey and
wife to Alvin u. Ward and wife. $50
TERMS OF SALE 10y deposit of SS00Oc
Will be required of the purchaser at tim,
OF sale, and the balance of the purchase
money. with the interest thereon III the
rate of per centum per annum, to be
paid in cash upon ratification of sale b.
the Circuit Court of Anne Arundel county
DANIEL. j. HEAIEY
Attorney named in Mortgage.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
PROPOSALS

Bids will be received By sS' segtesSss
until II o'clock noon. A ,'softa sestr, -. =
81. TO extend the teTra,,'ts a liBesf =.
Southgate Avenue ls-leent, reserrea te''
more or less. The r1gh'
jcct any and all bids. .,,ir 70
For further information, .sxYstNT,
so3 'ity -,xC
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
ORDER NISI
In the Matter of the Sale of the Mort
gagged Real Estate of Dorothy II.
Graves and Husband.

No. 1902 Equity.
In the Circuit Court for Anne Arundel Co.
Ordered. this 9Th day of September. 1922
that the sale Of the property mentioned il
these proceedings. made and reported by
WinSon g. Colt. Attorney. be ratified and
confirmed unless cause Ia the contrary
thereof be shown on or before the
9th DAY OF OCTOBER. NENT:
Provided. n copy of this order be inserted
in some newspaper published i'm Anne
Arundel county. once in each If three sue
cessiNe weeks before the 9th day of Octo-
Der next.
The report states the amount of sales to
be $3.0l0.O0
WA. n. WOODWARD. Clerk.
True Copy. Test:
WA. y. WOODWARD. CLERK.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
LETTER TO EDITOR

Miss Claude Says Annapolis Water
Company Should Be Controlled And
Managed BY "The Public Who Own
IT,"
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
DIED

BOWES-On September ,es rbessps.lg,
dence OF her parents, ,4ra PgANh,
avenue. PASSPORT RI S.fsut dsHghh
BOWEN, age : g 9.n.v g. Rover IA
o. Funeral Mr aiI' tomorrow SUNDAY Isis'
az O'clock from late resl1e.fS
ment In Cedar Bluff eemeiel..
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
ANNAPOLIS. Nj

IL on sale at the following places:
George w. Johes...s. .s.f9f Main Street
william Schultze .3s West street
ueorKH j. Bayts. ,..... "a Maryland : Ave.
Chas. q. Feidlpeyer. 80 Maryland ave.
s.HlreDfrd Confectionery King George ST
VIII lam Baker. -. West 4 Cathedral SIS
w. l5s& A. Newsstand, Short Line Terminal
~. Miller .. ..............2 3f West Street
N. Mandfis. Third X severn Ave. EaEtpprt
Dr.. Charles u. Henkel. 20 Maryland Ave.
Delivered In Annapolis. Eastpart. Ger
ms town and West Anmappiis by carrier
tor 10 cents per month.
Yan can haze the EVENING CAPITAL,
mailed 10 you when away from the city
Dy leaving your name aud address at the
Office, for 40 ceuts per month: 500 per
year, payable 10 advance 10 any postVfiice
Ia the Unitei States ar canada.
Entered az Annapolis Postofnce as
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
CONSTITUTIONAL AMENDMENT
PROVIDING FOR FEWER
IL I~C,rInN.c
ELECTIONS.

This amendment provides that all State
officers, except judges. and all county ofii-
GERS elected by qualified voters shall be
elected in every fonrth year for terms of
tour years beginning with the election in
November, nineteen hundred ana twenty
SIX. The terms of State and county otii-
GERS to be elected in nineteen hundred and
twenty-three are reduced To three years.
and the terms of other elective officers are
increased or reduced, as necessary, 40 that
their successors may be elected in nine
teen hundred and twenty six Terms of
officers appointed by the Governor and by
CorLty Commissioners are adjusted i'm
harmony with the terms of the officials by
whom they are appointed. The General
assembly shall meet in nineteen Hundred
and twenty -fonr for a regular session.
ana again In nineteen hundred and TWEEN.
ty-seven. anu every two years thereafter
OTHER provisions of the Constitution and
OF the Laws are adjusted to harmonic
with the above changes" and the words
For Fewer Elections Amendment" and
Against Fewer Elections Amendment as
now provided by law. and Immediately
after said election due returns shall be
made TO the Governor of the vote for and
against said proposed amendment, as di-
rected by said Fourteenth. Article OF tho
Constitution. aud further proceedings had
IN accordance with said Article Fourteen
Approved April IL. 1922.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23
AGENTS WANTED

AGENTS WANTED-I}es selling slcfa
~ ever offered; agents making = 20 Y
daily; positive proof and free saalr Y
workers; no delivering. Write hl.l
Aluminium Co. - North Naailt
street. Boston. Mass.
Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-09-23

AGENTS WANTED ~ Sell the Vts'L
Watkins Products Good city lfha.
still omen, (;efsp0Hr WVndcriul eafi ri =
free samtlfy. sSfitc ieday. IT, :
Watkins 90 afpis -, New i9fE :,