davidaulloa/AmericanStories huggingface dataset:
Seward daily gateway., 1923-08-07

Dry Cleaning done at Jordan's Val ct Service. If
Seward daily gateway., 1923-08-07

Wanted-Three room furnished cot tage; apply at Gateway.
Seward daily gateway., 1923-08-07

Best gasoline, distillate and gas en- zine oil at reduced prices at J. L. Graef's. 161-tf
Seward daily gateway., 1923-08-07

Money Orders issued, Seward Drug Go. 184-tf
Seward daily gateway., 1923-08-07

Volney Richmond was an outgoing passenger on last nights boat.
Seward daily gateway., 1923-08-07

For tan and sunburn, Cream of Al mond Lotion, soc. Seward Drug Co.
 1S4-tf
Seward daily gateway., 1923-08-07

Gainsborough Hair Nets, single mesh 10 cts. Seward Drug Co. 184-tf
Seward daily gateway., 1923-08-07

Kodaks and Films, Seward Drug Co. 1S4-tt
Seward daily gateway., 1923-08-07
FOX RANCH FOR SALE

Evenrude Motors at J. L. 1Graefs. If
Seward daily gateway., 1923-08-07

Fleischmann Yeast, fresh on every boat. Seward Drug Go. 184-tf
Seward daily gateway., 1923-08-07

BATHING SUITS for men, women and children at Urbach's. 162~tf
Seward daily gateway., 1923-08-07

FOR SALE-Having other interests outside of Alaska demanding my immediate attention, I will sacrifice the Juneau Apartment Building to a quick buyer. It is situated on the Gastineau channel, is completely furnished, does splendid business all the year around; every suite has a beautiful marine view. Twenty apartments in building. Those in- terested please write to Mrs. B. Hogan, Juneau, Alaska. 172-tf
Seward daily gateway., 1923-08-07

Join Urbach's cfrcuratIng library;
Seward daily gateway., 1923-08-07

MT. and Mrs. J. H. Hall, Polk direc tory solicitors, left on last nights boat for Cordova.
Seward daily gateway., 1923-08-07

FRUIT JARS, J. L. Graef's. If
Seward daily gateway., 1923-08-07

194-k207
The Sauk Centre herald., 1923-04-19
STRONGLY ENDORSED

The HOllowel Musical Company
which will appear at the Sauk Centre
Armory Thursday evening of next
week, April 26th, under the auspices
of Robert Swift Post, American Le-
gion, rendering high class concert
followed by dance, come to Sauk
Centre highly endorsed. Note from
the following:
"Hollowell Company voted hit of
season." Helena, MONTY Independ-
ent.
"Best ever in Kallispel, is how
the Kallispel people regard the Hol-
lowell Company. .'-Kallispel (Mont)
Times. 49, .s e.. -"
"Hollowell Company play engage
ment here under auspices of B. P.
o. E., and want to say right here
the entertainment committee take
great pleasure in recommending the
Hallowell Company to anyone wish
ing to put on a high class. entertain
ment. Sioux City, (Ia) B. P. o. E.
ADV.
The Sauk Centre herald., 1923-04-19
States Tax Levy Will
be Increased Three Mills
Adverse Decision on Iron Ore Tax
Will Cost Minnesota Over Four
Million Dollars

The state of Minnesota probably
will be faced with tax levy of about
z mills during the next two years.
Two years ago four mills was the
levy for state expenses and there
was no levy for the general revenue
fund, because none was necessary.
Therefore the state tax levy for all
purposes during the next two years
will be approximately 8 mills more
than that of 1921.
The additional 3 mills is for the
general revenue fund. 1t is made
necessary in part by the failure of
the state in part by the failure of the
state to obtain thus far a favorable
decision on the tonnage tax law.
The Legislature is up against the
necessity of appropriating sufficient
money to pay the states expenses
without reference to the decision of
the Federal Supreme court on the
tonnage tax law.
If the decision is favorable the
state will receive about $4,000,OOO
now due from the mining companies
with per cent interest and IL per
cent penalty added, House members
said, and of course, it would receive
the revenue estimated at $2,000,000
a year for the next two years. This
would equal about 1 mill of the new
tax levy.
If the decision is adverse, the state
may lose the $4,000,000 now said to
be due, together with interest and
penalty, and the receipt of any rev.
enue from this source during the
next two years would depend on the
enactment of successful legislation.
In the tax levy bill to be intro
duced and passed by the Legislature
the expense of the state for
the next two years are estimated to
be betweent SAL, 100000 and $42,-
100000, an increase of approximate
iy $6,000,000 over the amount ap-
propriated two years ago, which was
slightly more than $35, 100000.
The Sauk Centre herald., 1923-04-19
T. II y y II y y y y y y y y y y y q
q: EXCHANGE CLIPPINGS {:

EAN1lFAN\IL NA11 AN\1O
~ y y y n y y Il y y y y Il y y
Will Reconsider Road Change.
The committee from Grove town.
ship which appeared before meet
ing of the county commissioners
ing of the county board at st. Cloud
Tuesday reports that the commits
sioners agreed to reconsider the mat
ter of changing the route of the Mel
rose Elrosa read in Grove township
inorder to bring about an adjust
ment of the route of the road salts
factory to the township officers and
residents of Grove and to the county
board. g..
The board stated that its objec-
tions to the old route from the town
hall corner to Greenwald was that
it had too many turns and this was
their reason for making the change.
However they agreed to send the
county engineer over this part of the
route to investigate whether or not it
is possible to eliminate number of
the turns. If this can be done it is
very likely that the road will con-
tinue along the old route-Melrose
Beacon. g.. T"%
o. g..
Hangs to Ice Until Help Comes
Joseph Yarno, 16-year-old son of
Mr.. and Mrs. Andrew Yarno of Swan
River township narrowly escaped be-
ing drowned in the Mississippi river
about five miles south of Little Falls
Friday afternoon when he ventured
out on thin ice and was plunged into
the open channel.
The boy succeeded in grasping the
edge of the ice and he clung to it,
screaming for help. His cries were
finally heard at the home located
short distance from the rivers edge,
and the father rushed to his rescue.
Taking a boat from the shore he
pushed it out to the waters edge and
lifted his son from the icy water.
Presumably the boy had been in
the water for several minutes before
his cries for help were heard as he
was so weakened from the cold bath
and fright that he could not speak.
A physician was called and he was
cared for and no ill effects will re-
sult.-Little Falls Herald.
n
Girls From State School Caught
A case before Justic Reed created
a great deal of interest last week.
1t grew out of the visit to Glennwood
of two girls who had escaped from
the Sauk Centre State School for
Girls. t-
These girls went to Alexandria by
walking and getting rides. The Alex
andria authorities were notified, but
they watched the trains and the girls
got into the city without being MOTTO
The Sauk Centre herald., 1923-04-19

does not enter into contract with
City and furnish bond required by
State law, also bond in the amount of
bid conditioned for faithful perform
ance of contract and to guarantee the
proper operation Of plant as afore-
said for one year after it's compile
ton; apparent capacity and efficien-
cy of plant to be considered in &C
cepting bids, and right to reject any
or all bids being reserved. =
Dated, April 10, 1928.
By order of the City Council,
G. E. BOHALL,
.s President City Council,
Sank Centre, Mimi. adv
The Sauk Centre herald., 1923-04-19

juror. The grand jurors are: Mrs.
Sophia Schellinger, St. Cloud and
Mrs. Martin Schang of st. Augusta
township. The petit jurors are /:
Miss Ruth Mitchell and Mrs. E. E.
Clark of St. Cloud; Mrs. Charles
Lien,, St. Augusta township; Mrs.
Roscoe Stokes, Lynden township and
Mrs. F. j. Thielman, St. Cloud.
Petit Jurors
John Arceneau, town of st. Mar
tin.
Server Brick, town of Lake Henry.
D. M. Campbell, City of St. Cloud.
Mrs. Edward E. Clark, City of st.
Cloud.
Henry Deters, town of LeSauk.
Frank Essler, town of Raymond.
Joseph Friedman, town of Eden
Lake:
Frank Gill, town of st. Wendell.
Frank Heitke, Sr., town of Pay
nesville.
Jos. Hemberger, City of St. Cloud
Simon Hennek, town of Avon.
Peter Hennen, town of ion.
j. M. Hentz, town of Lake George.
James Kane, town of Ashley.
Leon Kellner, town of Collegeville.
Henry Kovitz, town of st. Wendell.
Albert Krutchen, town of LeSauk.
Mrs. Chas. Lien, town Of st. Aug
usta.
Miss Ruth Mitchell, city Of St.
Cloud. 49,
Jacob Moen, town of Oak.
Frank Gilman, town of Brockway.
Frank Ostendorf, town of Getty.
Henry Stitch, town of Fair Haven.
Mrs. Roscoe Stokes, town of Lyn-
den.
Frank Tarman, town of Brockway.
. Mrs. F. ]. Thielman, City of st.
Cloud. 49,,
Geo. Vos, town of Krain.
w. C. Wendlandt, town of Lake
Henry. ....
Henry Vessel, town of Melrose.
George Wrinkles, town of Farming.
Grand Jurors
John Beste, City of Melrose.
Andrew Bemel, town of Munson.
Louis Bergman, town of Getty.
Henry Botz, City of Sauk Centre.
Chris Dries, town of Wakfeld.
Theo. Erdman, town Fair Haven.
Gust Kotch, City of st. Cloud.
Charles Kortan, town of Sauk Gen.
tire.
John P. Kremer, town of Main
Prairie.
Nick Lahr,, town of Eden Lake.
Edward Lembke, town of Farming.
Herman Maehren town of Avon.
Peter Moscho, town of st. Martin.
Michael Miller, City of ST. Cloud.
Nick Nieuhaus, town of Farming.
August Odell, town of Grow Lake.
lick Rooney, town of Grain.
Mrs. Sophia Schellinger, City. of
St. Cloud.
Henry Schmitz, town of Grow
River. -.
Mrs. Martin Stang, town of St.
Augusta.
David Stokes, town of Lynden.
Sam Unger, town of Paynesville.
Frank Vouk, town of Brockway.
The Sauk Centre herald., 1923-04-19

StiIIwater-Raymond Hawkes.. serv.
ing life sentence in the state prison
at Saltwater for murder, was killed
when he jumped from the fourth cell
tier to the prison floor in full sight of
guards and other prisoners.
St. James-At a special election here
the $4,000 bond issue for new school
building was defeated, 701 to 112. The
vote was about evenly divided be.
tween men and women.
are trying
to ascertain who the party was who
drove up to the residence of Charles
Digler here and left a three months
o.d baby girl at the door.
Observation-Disclosures of physiology
of II universities gathered here for a
conference. The conference was called
by the Mayo foundation to discuss
problems in the teaching of .physiol.
ogy and its clinical application.
The Sauk Centre herald., 1923-04-19
Seven Women Chosen for
Jury Services In Stearns Co.
May Term of District Court to Have
Female Jurors for First Time
Judge Roeser to Preside.

Clerk of District Court John L.
Domnick of the Stearns County
District Court last Thursday drew
the list of names to serve as grand
and petit jurors for the Mag term
of Court. The grand jurors are to
report at 900 m. on May 16 and
the petit jurors May 16.
Seven women were chosen, two for
the grand jury and five for the petit
The Sauk Centre herald., 1923-04-19
BIDS WANTED.

The City Council of the City of
Sauk Centre, Minnesota, will receive
bids at the office of the City Clerk
in said City on May End, 1923, at
500 o'clock p. M, for steam heat
ing plant to be installed in the City
Hall and Jail building in said city,
guaranteed by bidder to heat the up
per floor and Jail to a temperature of
70 degrees, and the rest of the build
ing to a temperature of go degrees,
during outside temperature of 20
degrees below zero, all Fahrenheit,
with boiler of not less than $500 feet
rated heating capacity; plans and
specifications to be furnished by
each bidder and to accompany bid
with certified cheek of five per cent
of amount of bid which is to be for
feited in case bidder, if bid accepted,
The Sauk Centre herald., 1923-04-19

ed. They became acquainted with two
men from Glenwood and were given
a ride here. Word was sent from
Sauk Centre to Glenwood to look for
them. Sheriff Ness got busy and they
were located. Not till after they had
been to Cyrus and returned, however.
School authorities from Sauk Gen.
ter came here and brought them back
to school. Last Thursday they were
here again to testify against the men
who had brought them here from Al
exandria. The case was tried before
Juctice Reed-Glenwood Herald.
The Sauk Centre herald., 1923-04-19

SEED CORN for Minnesota
No. 13. This corn was raised in Kan
dlyohi Co., and yielded $3.50 bushel
per acre. Test 95 per cent. Price
$3.50 a bushel. Anybody wishing some
of this seed, write to Roland Linde-
meier, Rte 4, Atwater, MINI 44-47 pd
The Sauk Centre herald., 1923-04-19

AUTO and Tractor Cylinders re-
ground; mirror finish to the half thous-
andth accuracy; fitted with light gray
iron piston rings and pins; largest
plant in the Northwest. All work
guaranteed. The McCadden Machine
Works, st. Cloud, MINI. Aft
The Sauk Centre herald., 1923-04-19

FOR SALE-Ranger Bicycle with
full equipment; coaster brake model,
in good condition. Phone 1898 or
see Mrs. K, Ehr. 47-tf
The Sauk Centre herald., 1923-04-19

WANTED-Man or lady desiring
a place to board and room in a mod.
ern home Inquire of the Herald of.
flee or call 378-W.-47 If
The Sauk Centre herald., 1923-04-19

WANTED - To rent seven o.
eight room house, modern and close
in by May 1st. G.. A. Carter R. No.
1. Sauk Centre At pd.
The Sauk Centre herald., 1923-04-19

WANTED Salesman for Sauk
Centre and vicinity. Commission
contract only, for spare time or full
time We will teach you to sell in
come protection through our free
school of instruction and help you
build profitable business. Massa-
chussetts Bonding and Insurance
Company, Accident. and Health
Dept, Saginaw, Michigan. Capital
$1,500,00O. At
The Sauk Centre herald., 1923-04-19

LOST-April 6, in or between
Sauk Centre and Osakis a roll of
bills. Finder keep $4,000 and. send
the balance to A. S. Todd, Mime
apolis, Mimi. Sta F. R. 1.
The Sauk Centre herald., 1923-04-19
CARD OF THANKS

CARD OF THANKS
We wish to express our very sim
cere thanks to old friends for the
many acts of kindness in connection
with the death and burial of our be-
loved daughter, Helen A. Jackson.
Mr.. and Mrs. E. A. Brayton, Adv.pd
The Sauk Centre herald., 1923-04-19

WANTED Washing or scrubbing
away from home, or any kind of
work. Mary Schrom. Phone 274 46
At pd.
The Sauk Centre herald., 1923-04-19

FOR SALE-Seed flax, "a" No.
1. E. W. Pickett. R. F. D. No. 5.
8 1-2 miles southwest of Sank Cen
te. 43-48 pd.
The Sauk Centre herald., 1923-04-19

= FOR RENT-Six room house furn-
ished or unfurnished. Large garden
if desired; well located. Mrs. O.
Wheeler. As If.
The Sauk Centre herald., 1923-04-19

FOR SALE-Leather couch in
good condition.; $40. Mrs. l.. L.
Kells. Al pd. :
The Sauk Centre herald., 1923-04-19

WANTED-To hear from owner G
good farm for sale. State cash price,
full particulars. D. F. Bush, Mime
apolis, MINI. nn.-46-4S-50-52-
The Sauk Centre herald., 1923-04-19

FOR RENT-Rooms suitable for
housekeeping. Mrs. S. Beidleman.-
At pd.
The Sauk Centre herald., 1923-04-19

Glg191glSfglg199
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19
[ a Catalisis puede ahorrar
combustible motor

la catalisis, ese principle qufmico
cuya operaci6n acaso sea mas miste-
ROSA e inexplicable que cualquier otro
de los muchos fenomenos curiSsos de
la ciencia, ha yenido a salyar 4a 81
tuaci0n en- cuanto a la amenaza de es-
casez de combustible para producer
fuerza motriz.
FL doctor Edward Sokal, de Nueva
York, indiyiduo de la prestigiosa So
ciedad Qufmica Americana, ha hecho
un descubrimiento que, merced a los
detenidos experimentos que ahora sc
estan efectuando, puede llegar a ser
valiosa ayuda en- los esfuerzos que Sc
vienen hacienda con el fin de obtener
mayor economic de gasolina, tai co.
mo esta actualmente Sc usa en- las ma
luinas de combustion interna.
No cabe duda de que la palabra
catalisis', pronto Sc agregara a nues-
tro vocabulario, 10 mismo que la q0a-
ve length (ampIitud de oi,da), Y otros
terminos t6cnicos que. de repente Sc
han llegado usar, gracias al mas
amplio y popular conocimiento que va
Sc tiene del radio.
En- algunas de las mas importantes
aplicaeiones industriales de. la qufmi-
"a hoy dfa, la catalisis esta dando
sxcelentes resultados Este hechO Sc
comprueba espeeialmente en- la fila
ci0n del nitr6geno procedente del al
re, de manera que es muy probable
Iue algunos de los adelantos cientffi-
COS mas notables del porvenir depen-
dan principalmente de esta rara ia
cultad de algunas substancias, es de-
.ir, Ia de acelerar la rapidez de las
reacciones qufmicas de- hacer las
yeces de un 'mezclador'. q y'7a7l3asf'
En- ell caso especial de que ahora Sc
trata, el doctor Sokal elieDntro eque
ciertos compuestos y element6s qufmia
cos, por virtud de su presencia, au-
mentan Ia velocidad q Ia eual Sc que
ma una meZcla de gas y aire, bajo pre-
sion. Esto significa sencillamente que
La explosion, base de toda potencia Ell
el motor de autom0yil, Sc hace mas
rapida completa merced a la acci6n
catalftica. FL mismo agente catalf-
tico no toma parte en- la explosion ST.
no que permanece igual como antes
despues que ell combustible Sc ha que
mado. Ell nero hecho de hallarse pre-
sente ell La camara de combustion has
ia para acelerlr ia. explosion. Z aA.
Cpando Sc trata sdqei fijar 81 anitr6-
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19

geno. procedente del aire, ell citade
principle opera de identica manera
Sabido es que el nitr6geno es un gas
fnerte que diffcilmente Sc combina cor
otros gases. Al preparar este gas, a
fin de que pueda utilizarse como abo
no, 0 para otros fines, es. necesariC
combinarlo con otros elementos, Y el
metodo moderno mas eficaz es efec.
tuar una combination de nitr6geno c
hidr6geno para formar asf el amonia-
co, operaci6n que no puede llevarse q
cabo a un grado de velocidad salts
factorio sin aprovecharse del princi-
pio catalftico. On compuesto especial
de hierro Y algunos otros metales, Ell
partfculas aproximadamente del ia
mafio de un guisante, constituye uno
de los agentes catalfticos mas efica-
ces. Ell hacer pasar los dos gases, es
decir, el nitr6geno e hidr6geno por un
tubo que contenga dichas partfculas
de hierro, las une a aquellos v hace
que el nitr0geno Sc file de tai name
ra que ,puede cOnvertirse en- I'M fertili-
ZadOr abonO.
Ell agente catalftico del senior So
kal Sc aplica de Ia misma manera al
interior de la camara de combustion
de un motor de combustion interna, en-
forma de una pintnra refractaria. Las
pruebas que Sc han efectuado con los
motores de varios tipos de autom6-
viles demuestran1 que mediapte ell EN-
pleo de ,dicha pintura catalftica puede
obtenerse un aumentos de poteneia, y
mas a1nl; el examen de los gases. de
agptamient0 de I1os automobiles, en-
los cuales,. sc est5n hacienda estas prue
bas indica que La combustion asf re
sulta mas completa. ab Estos autom6.
ivf1es pueien: funcionaE satisfactoria-
fneiite ecen una rileZcla, mas. adelgGda
,,les decir, una proportion mayor de ai.
re Y menor de gasolina, obteniendose
de. esta manera una economic conside.
rable.
FL doctor Sokal no ha revelado aGn
Ia fndole del agente catalftico que 6l
usa, hasta que Sc lie expida una paten-
te, pero dice que puede aplicarse q
casi todos los tipos de motores dc
combustion interna que ahora Sc usan
Y que ell eosto de la aplicaci6n es mo-
dico. 9Ua
Union Panamericana, .'9'''2e
Washington, d. C. = y $50 '1
81 de mayo de 1923.
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19

Ell Secretario Executive ha expedi-
do certifcado de registro a la asocia1
ci6n del pals denoninada "Casino de
Naguabo., que tendra su oficina prin-
cipal en- la poblaci6n del mismo nom
bre. Es el objeto de esta sociedad
proporcionar sus socios diversiones
senores Juan Carrot, Jr., Armando
lfcitas. Sus incorporadores son los
Marquee, Juan Mendoza Garcia, r.
Gallardo Diaz v Francisco Borges, to-
dos de Naguabo.
Los siguientes documentos perte-
necientes a la "Camara de Comercio
de Puerto Rico (Chamber Of CONNER
&c Of Porto Rico)" han sido archiva-
dos en- Ia Secretaria Eiecutiva:
l.Certifcado relative, ina elecci6r
de la junta directiva, Ia cual IA inte-
gran los siguientes; Manuel " Do
|menech, residente; x. Mariani. Segun.
do Cadierno, j.. G. Cabanillas, Pedro
Mora, e. H. Lienau F. Beir6, Vicepre-
|sidentes; Arturo Bravo, Secretario-
Tesorero, y Evaristo Freiria, Cecilic
Moran, Luis Sanchez Morales, Juliar
|M. Blanco, Frank Rodriguez, Adolft
Vald6s, H. 4. Cochran. Manuel Men
Ida, Candido Noriega, Rafael ColIazo
| r j. Bonnin Fuster, P. Juan Arms
T. -a..
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19
CARIBE

Situado en- el coraz6n de Ia ciudad
AmpIias habitaciones con banjo priva.
do y servicio sanitariO. Ascensor, tim.
bres, telefonos y bahos, todo 10 que
requiere eI mas moderno comfort.
Salon Restaurant. el mas freseo J
espacioso de San Juan, y en- donde me
jor Sc come. Precios moderados.
TelsfOnOs Nos. 4S4 y 1909. Box sO6
Gale de San Francisco hoy Saliva.
dor Bran "a. Entrada por el pasaje
Matienzo.
Sucursal en- Caguas: HOTEL FLO
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19
-:SECCION DE HOTELES.
PALACE

Plan Earopso. Capaeidad para $50
pasaisros.
81 hotel ideal para hombree de- mo-
socios : turistas de experieneia.
Habitaci6n con bafo para.1l persO-
IN, desde s1.5O.
Habitaci6n con baKe para 2 psrsO-
aas, desde $s.OO.
Restaurant Table d'Hote: Almuer-
- s1.25. comida sl.Se ) h Carta.
frecios m6dicOs.
Cuando visite San Juan haga del
PALACE su residencia.
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19
pRENsA GRAr1cA EspAaoLA


PRENSA GRAFICA ESPANOLA =
"A B G. "El Sol", la Esfera", "Espa-
ma, "Nuevo Mundo", "Mundo Gra6co".
"Blanco y Negro. ia Moda Elegante
Ilustrada".
81 interesan usted estas revistas
o algunas otras y desea 'suscribirse Q
comprar numeros sueltos, pida informes
al telefono No. 996, LIBRERIA NUE..
VA, Salvador Brau, bajos del DR.. AL
varez Valdes, San Juan. Puerto Rico,
Allen %, telefono 1895.
NOTA:-Los residences en- La Isla
pueden pedir informes Q numeros suel
tos por c. Q. p, al P. O.. Box S61. FE.
'LIPE CAMPOS, ,Agente. at....5.
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19

INTERSTATE. -Cursos de Tenedu.
ria de Libros y Contabilidad exclusi-
vamente por correspondence. Solicite
Prospecto gratis. INSTITUTE CASA
NOVA, Departamento No. 9, Apartado
No. 1876. San Juan, P. R. 6-19
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19
JOSE 8. TERRIER.

Despues de una larga ausencia fue-
ra de esta ciudad, aver regres0 de
Estados Unidos, nuestro estimado ami
SO el acreditado facultativo de esta To-
Ecalidad doctor Jose q. Ferrer, quien
lde tantas silnpatias dlsfruta en- San
Juan. "A
Recibe e amigo Pepito, como carl.
iiosamente Ie llaman sus multiples ami
gos, nuestro saludo dc bienyenida.
El Imparcial. (San Juan, P.R.) 1918-197?, 1923-06-19
HOTEL CENTRAL

EGtncie construfde expresaments
CARA Hotel MOdernamente equipadO
CON Ascensor. Habitaeiones con Ba-
10, Telefono. Timbres. Barberia J
euanto requiere e1 MOderno Comfort.
Plan EurOpco
Dssds $1.OO $2.5O.
Restaurant . Ia Carta.
American Plan
Desds $3.50 . $3.50
CubiertO por $1.00.
BAA JOSS Nc. II, San Juan. r. b.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1923-07-06
PROTECTING CONSUMER AND
INVESTOR.

The United States supreme court
has recently rendered a decision of
great Importance as affecting the
future development of public utility
properties. The opinion establishes
the principle that "cost of reproduc-
ton at prevailing prices must be
considered in fixing rates." This
decision more than anything else
does away with the bugaboo of wat
cred stock which politicians parade
before the people in vote-getting
campaign. When rates are based
on the cost of the property, So
called watered stock is automatic
ally eliminated.
To maintain its own financial
standing and credit, utility can
not afford to be loaded with watered
stock, for with rates apportioned to
the reproduction cost of it's plant it
cannot pay dividends on money not
actually invested. Hence its re-
turn to stockholders would be un-
satisfactory and it would immedi-
ately find itself in difficulties. The
supreme court expresses the opinion
that it is impossible to determine a
fair return on the investment with
out considering the reproduction
cost at the time, on the ground that
if present reproduction cost is dis
regarded, an intelligent forecast of
probable future values becomes i'm
possible, for estimates for tomorrow
cannot overlook the prices for to-
day.