davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-09-30
Average Bond Prices
Friday. September %, 1897.
BOND NEWS AND NOTES.

4 Movements In yesterdays bond mar
ket5 were accompanied by considerable
uIcertainty and several groups were
Unable TO display the rallying powers
1hown in the stock market. Libertys.
for instance, were slightly under
Thursdays closing most of the day. as
were several OF the foreign bonds, in
Guiding French Republic 7iss, British
1acss and Czecho- Slovakia SIS. The unset
tlement of exchange rates had much to
do with the action of foreign obliga-
tions. Most of these bond issues rallied
from their lows late in the day, par
'ticularly the rails, which on the whole
were irregular. The industrial group
was under some pressure early in the
day. but recovered in the late trading.
fractions showed signs of softness
The majority of the gilt edge railroad
bonds were firm.
The New York herald., 1922-09-30

Pittsburgh Terminal Railroad and Coal
Company are in operation and are ship
ping approximately 5000 tons of btu
minous a day. This tonnage will be in
creased il an adequate car supply is
available. Independent coal operators on
the main line are also shipping extern
sively and are limited solely by the car
supply"
The New York herald., 1922-09-30
JAuNcKE DRY DOCK, INC.

Ernest Lee Jahncke. president OF the
Jahncke Dry Docks. Inc. announced to-
day the appointment OF Arthur A Grant
as general manager Of the company ef-
fective October /. Mr.. Grant has ten
dered his resignation as vice-president
and Southern reAdent director OF the
Sinclair Refining Company.
The New York herald., 1922-09-30
DIVIDEND DECLARED;
ALL SHt0PMEN RETURN
Pittsburgh anol West Virginia
Shipping Much Coal.

After the meeting of the directors of
the Pittsburgh and West Virginia Rail-
way Company. at which the regular
dividend of 1H per cent. was declared
on the preferred stock for the quarter
ending December 81, 1923. payable Feb
ruary 2S to stock OF record February
next, Henry ". Farrell. president, said:
"All of our st1opmcn returned to work
Thursday morning under the provisions
OF the Baltimore agreement. to which
we have subscribed. .All mines OF the
The New York herald., 1922-09-30
o. 8. CERTIFICATES AND NOTES
FOREIGN INTERNAL BONDS.

sAcceptable IN payment OF Federal tax
On the dates OF maturity.
The New York herald., 1922-09-30
EXPORTS FROM NEW YORK.

Exports from New York yesterday: wheat
bushels, 6i.00O; barley. bushels, $500;
bacuns, pounds, 800 500. grease pounds,
81 600; cottonseed of, pounds. 100. 600: oil
meal. pounds, 100; oats, bushels, 2n.96p
flour. sacks. 5O.OI7; lard. pounds. 30 900:
butter. pounds, $685. ubrcating oil. gal
Ions. 30 100; oil cake. pounds. 1911 100.
The New York herald., 1922-09-30
BINGHAM AND GARFIELD n. n.

WASHINGTON. Sept ga tentative
value OF $5,S94.000 was fixed to-day by
the Interstate Commerce Commission on
the properties Of the Bingham and Gar
field Railroad In Utah. The corporation
estimated the value OF its own invest
ments in land and transportation facfb-
ties at so.496.000.
The New York herald., 1922-09-30
spicer to Fay on Notes.

The Spicer Manufacturing Corpora
tion has provided funds for the pay
ment OF 100000 of per cent serial gold
notes. due October /. 1922. Payment will
be made at the Guaranty Trust Com
pany. 140 Broadway, on October at par
and accrued interest.
The New York herald., 1922-09-30
out of Town Issue.

Janney & Co. of Philadelphia are Of
fering $4,000 Western New York Utili-
ties Company. Inc. first mortgage per
cent. gold bonds due June ]. 1916. at sols
and interest to yield more than 5.75 per
cent.
The New York herald., 1922-09-30

To the following prices accrued interest
The New York herald., 1922-09-30
LOST. STOLEN OR DESTROYED.

70 Shares OF Stock OF The National Park
f2fO2-f4743-fGI02 issued In tho name OF
Homer b. Richardson. All persons are re-
uulred 20 show cause to said The National
park Rank OF New York, No. 2fi Broadway.
New York City, NJ. ", why new certificate
should not be issued III lieu OF said certifi-
catcs so lost, stolen or destroyed.
JOHN v. woODARD. Executor OF the VIII
or Homer II. Richardson.
Anrtiat %. 1922. u
The New York herald., 1922-09-30
WELLS, FARGO q co. DIVIDEND.

Tho last semi-annual dividend by
Wells, Fargo g. Co. prior 70 the one de-
ciared this week was declared payable
Juno 20. 1922. and not December 30,
1921, as reported yesterday
The New York herald., 1922-09-30
UNITED STATES TREASURY STATEMENT.

to YORK; HxsrD
New yorkHe HeraId
D. c. 30
The New York herald., 1922-09-30

ts 80 70
Colorado a. So
ext 4iss 1898
O....... sSh
4 So
lat 11 fg20
The New York herald., 1922-09-30
PENNSYLVANIA OIL.

on CITY. Pa. Sept. 2p.--credit balances.
r1snts, u, ASS, average. b7.sio.
The New York herald., 1922-09-30
BID AND ASKED QUOTATIONS

n, Y. STOCK EXCHANGE QUOTATIONS.
FOREIGN GOVERNMENT AND MUNICH
PAL BONDS.
The New York herald., 1922-09-30
THE PEOPLES GAS LIGHT AND COKE co.
fof CbicoUol

Notice is hereby given that dividend of
one and Onc-Quartcr Per Cent. Ghss) has
been declared on tho capital stock of ths
Company. payable October 18th. 1s22, TO
stockholders OF record at the close OF busi-
ness on October 3rd. 1922.
r. W. PURCELL, Secretary.
The New York herald., 1922-09-30
UNITED STATES rRE-wAR BONDS.

Bid. Ask.
r ] ~, '35. % %
DofC AZ 's5 % 100
sHw ~, '4f.4.35 40
'P n 4s, 'sp.4.s5 <.20
The New York herald., 1922-09-30
Chi Nil a c
Chi Nil 4 ct r
tfob a 1u3l

gold ~ 1928
4....... S2T
b....... S2T
Chicsgo a NV
10-yr "a 1850
c.......ff0
Chicago a. NV
15-yr 6hs 90
1.......ff1h
Chicago a NV
Is 1887 std
2,,.....1O.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
FORD NAY BUY LINCOLN CO.
He II wmllng 10 IN q Much ~ o1l,.
o0o.o0o n Necessary.

Detroit. Mich. Jan. 12.--Henry
Ford In willing to bid ~ high A. 11l.-
900 900 for the lincoln Motor Company
II competition forces II when the To-
land properties are offered at auction
on Feb. 1. This statement came from
an authoritative source yesterday
following announcement that the
Ford interests had decided to inter-
venc In tho Lincoln's financial pre-
dicRment.
Should Mr.. Ford take 'over tho LIN
coin plant. Henry b. Leland will he
retained az President and Wiifred C.
Leland, his son. AZ Vice President and
General Manager.
Repeated reports that the General
Motors Corporation would bid for tn,
Leland properties to stop competition
between tho Cadillac and Lincoln carl
are still unconfirmed
II w. G.. Durant has any intention
OF bidding for the property he has no
come forward either with announce
ment OF his purpose or with the stipu
lated s250,0 bond.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
STOCKS N REACTION
BEFORE NOON HOUR

~ Associated Pres. to Every Evening.

~ Associated prrss TO Every Evening.
New York, Jan. la.-(wall Street.
1880 q. multiplying OF coal shares
tmparted \ firm tone to stocks at the
cpeninr of todHy's session Reading.
Delaware and Hudson, l-ackawanna
and Western and Lchigh Valley were
higher by large fractions 10 points.
United Fruit. Endicott-Jchnson and
Famous Players made l-roint gains.
Mercantile Marine. preferred. Indus
trial Alcohol and Inspiration Copper
also strengthened.
Mexican Petroleum. General Asphalt
ana bethlehem steel registered moder-
ate declines.
Early dealings IN the bond list In
dicstcd further activity In United
states war issucs
Noon--Iow priced rails. such ~
Colorado aud southern. pcre Marquette
preferred. southern Railway. prefer
red ana Twas and Pacific shared In
the early rise, as did also Investment
Issues, notably Canadian Pacific.
Union Pacific and Atlantic Coast Line.
standard oils of New Jersey and
California led tho domestic issues OF
that group ana strength was shown
hy General Electric, Motor Spccialties.
Associated Dry Goods. and Sears Roe
buck.
Tho market reversed it's course be-
fore noon. reactions being caused by
persistent selling of Crucihle, General
Asphalt ana Mexican Petroleum.
Liberty bonds were lower, but Victory
u<'s ~ loolS aud tho ans at 10000
,rnfe now hiVh records.
Call money opened NJ si1 per cent.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
DRAW PETIT JURORS.
Talesmen for Superior and General
Sessions Courts Drawn.

For the Superior Court and General
Sessions period beginning January 20,
Jury Commissioners Joseph c. Law
son and John r.. Lambson have drawn
the following petit jurors;
First Representative Disrrict>Jos-
eph l.. Lloyd, James b. Cannon.
Second-Frank H. Mason. Frank j..
August.
Carey, Philip H. Hortz, Clarence b.
Toppin.
Fourth-Herman b. Bothum, John
T. WEIGH. Harry F. Hasson. Leonard
Crawford.
Fifth-John D. Hildreth. Harry Es-
ser, Harry H. Jarrett. Frank Grad
woil.
sixth-william F.,Iester. George NJ
Casey, Sr.
Seventh--Stidham Work, Ezra ]
Meyer. Marvin F. Ball, John A. Cum
ningham.
Eighth-Joseph Higgins, Joseph II
Brown.
Ninth-Hary Stafford, Clarence
Grant.
Tenth - William Megginson, Johr
Lenior. Robert NJ. Manlove, Motion C
Rogers.
Eleventh William H. Bland, samue
Roberts.
Twelfth-William Calhoun. William
+. Cakes.
Thirteenth-Robert H. George, Ed.
ward c. Webb
Fourteenth-Roland r. Reynolds
John w. Guessford.
Fifteenth--George Gardner, Jr.
John w. Morris.
They have also drawn the following
additional petit jurors:
First Representative district =
Philip Lewis.
Second-George w. Palmer.
! Third-Thopas II. Brand.
Fourth--Ffed Dobson.
Fifth-John p. Griffith.
Sixth William l.. Wilson.
Seventh Richard RothwelL
Eighth--John X. Chambers.
Ninth-James Hardness.
Tenth--Frank l.. Ferguson.
| observation-disclosures Brown.
Twelfth Harry c. Webb.
Thirteenth--John A. Cleaver.
Fourteenth David Hutchinson.
Fifteenth--G. Earl Bradley.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
MERCHANTS LIKE
MERGER PLANS
Think All Peninsula Trade Bod
lee Should Have Working
Agreement.

Tho report OF tho meeting Of Will
minwfon merchants with the business
mon ~ Chestertown on Tuesday eve
rlng. which appeared I'm the Every
Evening last night, az which meeting
the matte Of cooperative organiza-
ton ~ all business organizations on
the Delmarvia peninsula was suggest
ed hy tho Chcstcrtown dealers. appears
e. meet with much favorable comment
among the local merchants.
Merchants who have been asked
their opinion ON the plan, see In 81.
much good that nigh, Doe worked out
e. the advantage not only of the local
communities. but also Ga the dealers
IN shis city. The local dealers We're
pler scd with the way George A. Casey
and Clarence Nj Dillon, presented the
advantage OF dealing IN Wilmington.
when hom. merchants failed 20 carry
tho goods wanted. but with the en-
phssis laid first on home trading. no
matter where she community was.
Whether such cooperative or
uanixation OF business bodies could
he made "A success under one manage
ment. IL n question. bat that there
could he "A cooperative organization
~ the secretaries OF each organization.
which would mean a merging Of in
ter.sts. anyway. n IL believed. could
be made 10 work out quite success
fully,
With such a general body. trade
end many important details OF bust
nsss such as freight rates. and trans
portAsion problems which effect all
merchants. would be more quickly
solved. because there would be united
action and strong pressure brought
10 bear whenever il was needed
An organization OF the secretaries
~ the organizations, would also re-
lieve tho bodies OF any unjust
suspicion ~ any combination in trade
matters. that might arise.
Tho members OF the managing com
mitsse 81 the wholesale section OF the
Chamber OF Commerce viii meet Mex
"Wednesday afternoon A. o'clock. anc
~ thlt meeting II Is likely that the
Advisa bility OF come such co-opera-
uvs organization may be discussed.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
rulIA. PRODUCE MARKET.

nv Associated Press 60 Every Evening.
Philadelphia. Jan. i2.--Wheat.
extra, as nearby prints, fancy. a7@
a..
corn, firm, No. for export. eois "a
siti DO. No. 2. bsisd5eis; No. do.
tsisma6.is car lots. local No. 2. yell
low. ei's8e2s; No. yellow. b9h@
0oh
oats. Arm. No. white. a6G4sis ;
40, 2. do; iasGls.
Butter, lower western creamery.
extra. 90; nearby prints. fancy. asa
90.
Eggs. higher; nearby ext,a, firsts.
al. DO frsts, to. western extra,
nrs,s, 80; do. firs,s. IS. fancy Sc
icctcd. packed. 5S@se.
Cheese. steady; New York whole
milk. fancy fats. held 22'sn2s; do
fresh. asi fair 20 good. 2oG2i; long
horn, 2aM2Sis; single daisies. 2lM2s.
Live poulty. easier; fowls. not leg
horns. 22asS: do. leghorns, 22027;
spring chickens. not leghorns. 22d 80:
do. lcehorns. goa %, old roosters. l6
oiS. turkeys. sSNso. ducks. white
rckln, sorS2. 40. mixed colors. 2sa
IS. muscovy. 1920. geese. 2sa25.
Dressed poultry, higher; spring tur-
KEYS. fancy dry packed 5ON52; do
western fancy. sSnso; fair Go good. a
dist. old toms. 4o@a3; fowls. fresh
killed. choice 20 fancy, 29ms2; do
small sizes eoa27; roasting chickens
nearby. s1MsS; do. western. 2sdss;
hro.ling chickens. nearby. ssdss; do
western, eo19s. old roostcrs. 1901
ducks aoM2s, geese. fancy, 23625;
fair 70 good. 2oN2e.
Potatoes. lower; white. hundred
weight fancy. 2.ooNs.so.
Flour. dun. soft winter. st-sigh,
western, b.75MsS5; DO. nearby. S.e5@
300: hard winter. straight, s.2SGs.5o
90. shcr, patent. s.75G7.oo; spring
rrst clear. <.boas.oo. do, patent, s.5
ds.sb: do. short patent. 7.oo07.5o
fancy spring and city mills. patent
famil, brand. s.25@e.oo.
Hay. Arm; Timothy. No. ?. 2i.oo@
22oo dc, No 3. laoo@2ooo; sample
lsoodiT oo no grade. i2.ooGl5.oo
clover mixed hay. iirht mixed. 20.5oG
2, 90, No. I mixed, isoo6a2 o.oo.
Tallov, iirm: prime city loose.
cent? do. special loose. ca: print
country. III edible In ticrces. s.
pran. nrm: aoft winter in io0-poun
secks. sc.oo0Ssoo; DO. spring. 3l.oo0
8. 80.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
LOCAL SECURITIES.
Reported Daily at Noon by Laird
co. du Pont Building.
DIVIDENDS DECLARED.

American Malt and Grain Companv.
liquidating OF $3.50 a share, payable
January %.
BRUSH Empire Steel Corporation. quar-
terly OF Il. per cent on preference b nav
able February /
Consolidation Coal Company. quarterly
o, ia per cent. payable January 81
Consolidated Utilities Company. quar-
terry OF ~ per cent on preferred. payable
February l.
Gillette Safety Razor Company. quar-
and Pa per cent in stock, payable June l.
National Biscuit Company. quarterly of
-. per cent on common. payable April
- and ~ per cent on preferred. payable
February 2s
National ljcorice Company. extra OF 2Is
per cent on common, payable January 90
Sinclair Consolidated OIL Corporation
able February rs.
r. W. Woolworth Company. quarterly o,
per cent on common, payable March i
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
p.L. & 81. Shops Resume Work

Scranton Pa, Jan. 12.-Approxi-
mately three thousand men employed
in shops at the Delaware, Lackawanna
& Western Railroad Company In this
city, Kingston and East Buffalo. N.
Y, resumed work yesterday after an
idleness of three weeks.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
Newark Military smoker.

Special Correspondence Every Evening.
Newark, Jan. 12.-Thc local COM
pany, National Guard, will give an
other smoker In the arTory tomorrow
night. These smokers are becoming
popular and an interesting program
is always given. There Will be sew
eral boxing and wrestling bouts to-
morrow night.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
University Basketball.

Special Correspondence Every Evening
Newark, Jan. 12.-The game be-
tween University of Delaware and Al
bright basketball teams, will start in
the university gym" at o'clock to-
morrow night. This game was origi-
nally scheduled for tonight, but to ac-
commodate Albright, was changed to
tomorrow night. Coach Shipley has
been working his squad hard all this
week and there may be some changes
In the lineup against Albright.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12

The Service Battery basketball
squad OF the National Guards Will
meet tho First Central team OF tho
Church League this evening In the
High School gym. The game viii be
started promptly at $40 and al mem
bers OF the Service Battery team are
requested to report at the floor not
later than 745.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
Smith 4 wesson Plant to Reopen.

Springfield, Mass, Jan. 1.-THE
employees OF Smith & Wesson, pistol
manufacturers. were notified yesterday
10 report for work Monday. when
wage reduction Of 20 per cent will be
put into effect. The plant has been
closed since last July owing to bust
ness conditions.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12

Quite, frequently after getting car
back from q major operation at a
garage the owner finds the surgeon
who made the sutures has sewed up
an assortment of monkey wrenches
and other tools In the vital parts that
make the wheels go round.--Phiia-
delphla Inquirer.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
Drafting New Tenni. Rnie..

BY Associated Press 10 Every Evening.
New York. Jan. 12.--Standard rules
to govern the tennis competition
throughout the country, are TO be
drafted by special committee APP
pointed by the United states Lawn
Tennis Association.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
LIBERTY BOND QUOTATIONS..

BY Associated Press to Every Evening.
New York, Jan. 12.-Iiberty bond
quotations al noon: Three and a halfs
81 so: first as. $3.50 bid; second AS
s7.s5; first AVS, $3.50; second AVS
$3.50: third ANS. $685.. fourth 4A's
1892; Victory S%'s, 1oo.1s; Victory
4a.'s. l00.16.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
Specific Cases Cited.

In the January 1911 issue of the
National Fire Protection Association
quarterly. will be found an article by
tho Independence Bureau. in which is
cited so specific cases where fires have
resulted from steam pipes in contact
with combustible material. 4 number
OF these instances are quoted below.
and the following is list of high and
low pressure steam pipes causing
fires:
Low Pressure. /. Newspaper COM
pany. The inspector reports that floor
was opened up in my presence by the
firemen. the woodwork was found
smouldering directly at the point where
the radiator supply pipe passed
through the wooden floor.
2. Dry goods store The inspector
repor<s IL have seen section cut
from heavy timber, eight inches by
ten inches, through which a one and
| one-fourth inch steam pipe passed to
supply radiator. The boiler which sup
plies this heat blew off at twenty Ave
pounds and the ordinary pressure car
ried was not over 10 pounds. The beam
in question had a ring of charcoal
around the pipe hole fully two inches
thick. This was in a secluded place
and was only brought to light by a
thorough overhauling Of steam pipes
after a serious fire had occurred.
3. Sugar Refinery Pan House
Steam pipe was put UP to hold a
heavy joint this stick was very old
and probably contained dry rot. 1t is
absolutely certain that this fire was
caused by the pipe.
1. Bobbin Shop. Steam pipe passed
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12

When business Is slow. and in the
fall season. advertising helps to make
business better.-Adv.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12

casions oil coated burlap has dropped
to steam pipes IN dry rooms, firs re-
suiting.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
BANK sTATHMENTs.

HEHtDhi VIZ or 1hE
WTLMf~,iToN NORRIS Plan BANx 1
At 200 SIMPLIFY STREET, WILNT'S G.
TON. ~ THE STATE OF della I
WARE. At THE CLOSE OF BUSINESS 1
on DECEMBER 81. 1921.
RESOURCES.
Loans and dIscounts........... 1885,. $50 so /
miums on bonds -. 10000
furniture and nstures) -. s5.o23o 5
Lawful reserve with Federal
Reserve Bank or other re-
serve agent.........,.,............ 5.4os. 20 I
Checks and other cash items Sol Sc |
Cash on hand ....................... i4nt ~ I
Other esources................... 2s6. 10 !
Total resources. ............ s4o3. 3s3. 81 /
LIABILITIES
Capital stock paid in. .......... 800 900 .0ol
p pen and tsSes paid. =. 70. $50 "a
ing Postal savings -. fo7. 2ot. II
Mortgage Payable. 1000 90
Assigned Deposits. ...,.... 147 ,223 60
Bills payable Including GER
tifcates OF deposit repre-
scntino money borrowed ...s.. IL 500. 90
Other liabili ties............-...... 1906 OF
Total liabilities. .....,......... s4o3, ss3. 81
STATE OF DELAWARE. COUNTY OF
I. RoYDEN e g. BRYAN. Secretary and
Manager OF the above-named bank. do
soiennly swear that the above state
ment is true TO the best OF my knowledge
"i' ~ RoYDEN c. BRYAN.
Secretary and Manager
| Subscribed and sworn 70 before me. this
18th day OF January I 1872 u.vrs
Notary Public.
So'''e JOHN 8. MULLIN,
WM. 9. MURGATROYD.
WILLIAM f. HOLLAND.
Directors.
Every evening, Wilmington daily commercial. (Wilmington, Del.) 1878-1928, 1922-01-12
Stock Quotations
200 o'clock
NEW YORK STOCKS.

Reported Daily By Laird = Co.. b.
curity Brokers, Ia Pont Building.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-05
.UNVEIL STATUE
NEGRO LEADER
Honor Founder of Tus-
kegee Institute, Booker
r. Washington

TrSKEGEE, Ala, April l--Notod
educators from all over tho United
states ana thousands Of colored
people viii gather here next Wcdnes-
day April B, to participate iu the
unveillng " s25.Ooo bronze statue
of hooker T. Washington. great
boncfactor OF tho colorod race. on
tho campus Of Tuskcgqo University
which ho founded
The statue was secured by sub.
Fcriptions from colorcd people OF the
United states. 10000 OF whom con-
trihutcd. No contribution or more
than 81 was accepted. Charles koCk
OF New York was the sculptor.
.Among tho speakers OF the day
will be the Hon. Joscphus Daniels.
former secretary OF the navy. and
Dr. Wallace Bgtrick. president uf
the general education board Of the
Rockefeller foundation.
William G.. Wilcox, president OF
tho board OF trustees or the uuiycr-
hty. will conduct a special car bring
ing many notable personagos from
Now York for the occasion. Julius
Rosenwald Chicago millionaire. will
conduct q party from Chicago.
Tuakegeo university was founded
by Booker r Washington In 1881.
The only building at that time was
an old chicken house.
To-day there are 100 buildings on
the 3,000-acro campus, and the school
has sag colored students and 2l6
teachers
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-05

into paying methods and bolster
ing # up where It needs It. This
will follow until private enterprise
can take firm hold and keep the
ships moving and the money COM
ing in.
The goal IN the minds OF admin
istration leaders has, been the re-
storation on a modern scale OF the
DAYS when the famous American
clippers" bearing commerce 10
every port, were the envy OF the rest
OF the moritime world. With the
aid OF the ship subsidy plan. which
il Is hoped will be adopted by ton.
gress. and tho expected improved
economic conditions shipping au-
thoritios behave that the huge mer-
chant tonnage Of the United states
may yet become one OF America s
most active assets.
The first big step toward this
goal was the drafting ~ tho ship
| subsidy or governmeutal-aid plan.
/ The next step has lust been taken I'm
/ the first concerted effort on the
part OF he shipping board TO dispose
/ Of the fleet.
once the major part OF these
/ ships are under private direction and
| holding their own with their for
! eign competitors he shipplnl
board will feel that its mission ha,
| been largely accomplished,