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Where to Safely In- vest Your Money ? Copied from Babson’s report of July 11, 1922 “This leaves the electric power and light companies as the most attractive local in- vestment at the moment. There are seven reasons for this statement: (1) Every corporation depends to a large extent upon management but of all groups, I know of none where the personal equation is of less importance than in the case of power and light companies. Any man who is honest and desirous of serving the community can operate such a company successfully. He need not be either a financial or an electrical wizard. A power and light company which has a territory to itself and is giving good service usually will grow regardless of its management. 2) Plectric power and light companies have a relatively small labor charge. The percentage of the gross receipts which goes to labor is smaller than in almost any other in- dustry, and this cspecially applies to water power electrics] developments. (3) At the present lime rates are satis“actory in 90 per cent of the communities. Many inereascs have been made during the pa st few years, and where the service is meter- ed these rates ave fully satisfactory. st per unit Cecreases as the load and busi- t , the more busine 's a light and power company does, the cheap- sture its product. (4) Unlike telepehone c>mpanies, the ¢ ness increase; that is to say er it can manuf: (5) The electric! power and light busin ss is a very stecdy tusiness and fluctuates less with business cond:tions then most other industries. It is true that less power is consumed during a depression than during a period of prosperity, but the change is com- paratively liftle. Inc:eased Lusiness in lighting absorts most of the loss in power, and increzed consumption by new crstomers will {{set any less in old customers. (6) Electricity is just beginning to be used in the home for purposes other than lighting. Inventions e1e being worked out wich will greatly increase the use of electric power in connection with cooking, heating, a 1d other uses. are facing a period when their coal and Money rates (7) The electric power and light companies supplies shou'd be che: aper than they have been in the pa st few years. lso on the decline, which is favorable to mest ¢ mpanies. other : are é The report from which this is quoted is a recognized authority upon financial matters. Customers The business man should real- ize that he is separated from his customers — old and new — by minutes, not miles. In these days of strenuous com- petition the successful merchant must make the best use of his re- sources, and there is none more important than his long distance telephone service. In the transaction of business the use of the long distance tele- phone will mean the prompt answer, the personal touch and an economy of time. Every Bell telephone is a Long Distance station. The Pacific Telephone And Telegraph Company BERT M. JEWELL | Bert M. Jewell, who Is head of the striking raitroad shopmen. HUGHES OPPOSES WAR CLAIMS BILL — Oppe rwood bill for creation of an for settle ainst Ger Vashington, D. C yaition tk the Und all-American ; ment of American claims Austria was suid to have Hughes | commission many and been expressed by Secretary in a communication to the senate | judiciary committee. | Mr. Hughes, according to senators claiming to have information concern was said to have de- the adjudication of Ger- jerman government ing his vie | clared that man claims, the at least was entitled to be represented on the commission. Secretary Hughes was said to favor a mixed commission, negotiated for under a new treaty with Germany, which was reported to be nearing com | Senator Underwood gave} notice Saturday at he bill that treaty great delay and even might never be} ratified. being pletion arings on such a would cause | Brief General News Premier Lenin has suffered a second | paralytic stroke and a third will be fatal, according to latest reports from Moscow to keep plant in| it of the] town is Corn cobs are being used ; the fires in Wilton, la., shortage the lighting going as a resu from which the fuel suffering, ral Wood has ding’s reply mis- Governor (¢ j} ed copies of President I to the Philippine inde nce sion posted in every barrio (township) in the Philippines Benny Leonard, world’s lightweight | boxing champion, succe fully defend- ed his tide against v Tendler of Philadelphia in a 12-round no-decision contest in Jersey C Calvin Coolidge, vice-president of the United States, will depart In a few days on a journey to the Pacific coast which will take him to San Francisco | and Portland and probably to Seattle of the four huge famous old Discovery that one cables which support the | Brooklyn bridge of New York had | slipped from its saddle was the cause | for the issuance of an order last month restricting traffic | The United States war debt fund- ing commission met with Jean V. Par- | mentier, director of finance of the French treasury and special financial | representative of Fr last week and thereby were started the first formal negotiations leoding to the funding of the allied war debt to America Harding To Offer Strike Solution. Washington, D. C.—Proposals for settling the re“road strike by President Harding and represent ing the him | after with labor lea¢ were pre drawn up conclusions reached by extended conference rs and ra executives, ted to sep ntatives of the -the railroad managers meet ate meetings of repres two groups Tuesday ing in New York and the voys in Chicago. employes en De Valera’e Aide Is Fatally Shot. Dublin —Harry Boland, former en voy of the “Irish republic” to the United States, and secretary to Presi Eamonn De Valera, was and probably fatally wounded shot while | dent | high. order-| 1 resisting arrest at Skerries hotel. Free State troops captured Boland and took him to a hospital in a dying condition Bosphorus Aim of Greek Troops. Athens.—A note sent by the Greek governments to the allies respecting the intentions of Greece in Asia Minor emphasized the view that the occu- | pation of Constantinople is the pe | means of bringing about peace, said Greece has made srtngsinnt BUYING SECOND-HAND JUNK Astonishing How Many Succumb to Lure Which Holds Forth in New York City. If not every man then every other man in New York city is mad as a March hare about the desirability of owning somebody else's old junk. While he neglects to take care of what belongs to him already he sallies forth under the sway of an irresist- ible impuse to collect the cast-off props of another man. This is true, too, of women. It is grossly unfair, of course, to leave the idea that what they collect so avidly and search for so earnestly is trash. Strictly speaking it isn’t. Neither is it entitled to be put into the antique class. It ts just old stuff, with more or less good left in it. But it seems to attract this odd portion of the populace simply because it is sec- ond hand, Are those who buy so lit- tle certain of their own sense of se- lection of new goods that they want something upon which the stamp of some other person's approval has al- ready been visibly set? If not that, why is it that junk and rummage relics do so surely find cash buyers? It is not because they are cheap, though most would say If they were asked to give a reason. Watch these collectors closely. The rummage sort of goes to their heads, and they buy and buy as long ss they have money, TAKE DELIGHT IN MANIKINS Venetian Children Prefer Antics of Marionettes tea Any Moving Picture Show. Fashions in entertainments never change among patrons of the resource- ful Tony Sarg in New York, nor yet on the shores of the Adriutic, home- land of the marionettes. The Vene- tan child wouldn't give a pin for mo- vies while he has the beloved joint- ed manikins of his ancestors to ex- ecute their wonderful maneuvers and spout the speeches of Romeo and Ju- Het or one of Hans Christian Ander- sen's fuiry talés or—yes, or—some ex- citing episode in the detective career of Sherlock Ho Thursday afternoon is the triumphal | thue of the murionette all over Italy, | for Thursday, net Saturday, ts the school holiday, and childhood'’s dear- est delight is to witness the drama of the dolls, a New York writer states. Venice has the best public perform- ance, The dolls are about four feet Any nece: y number of char- acters are placed on the stage and their entrances, exits and antics are managed by the man above, who does the wire pulling and who puts the speeches Into their mouths. All sorts of plays are given, and the ordinary type of Punch and Judy show is less common than falry tales and Shake- speare on children’s atternoons, Frig ite Bird’s Eadurs ace. Por pure and unadulteri li.pu- dence, lack of principle and of all virtue, the frigate bird is pre-eminent These birds must be endowed with wrodigious powers of flight. They are | often seen hundreds of miles from land, appearing as mere specks in the sky After hovering almost motionless for a considerable time they take fight in ever-increasing circles In the direction of thelr island homes, which have of necessity to be reached ere the set ting of the sun, unless the faculty of sleeping on the wing Is possessed by them. I have never met or heard of a man who has seen the frigate bird rest on the waters of the ocean over which tt delights to wander. Next to the albatross, I enter the frigute bird for the saeronautic endur- ance stakes,—Buffalo Express. Sugar Fungus. It is reported that an expert of the Department of Agriculture has dis- covered that the spoiling of granu- lated Sugar, stored In damp places, re sults from the development of a mi croscopic fungus, seen in the form of threads and round bodies, and cap- able of being artificially cultivated, so that experiments can be made in inoculating sugar previously free from the growth. Three species of this fungus were found in some bar- rels of sugar which had become unfit for use. It grows readily on all kinds of cooked vegetables, but chiefly on raw vegetables. First Aid. pal)—I've just bloke who fainted Crook (to ‘elp a pore Pal—Wot did yer do? “Loosened his collar, tle pin and watch chain to give ‘im air. sewers, London Paris Adonis a Perfect 66. Acclaimed as the haudsowest man in France, M. Hoffman, of Paris, weighs 210 pounds and has a waist measurement of G6 inches Dr. Mader dicitis. Orr operated upon May Monday for acute appen- The lady is doing nicely. We repair all makes of bat- teries. Cottonwood Garage. 30-tf PRIMARY VOTE bin to | "AD Phone Your Orders or call -~at-- Meat Market tonwood was as follows: STATE SENATOR be yoo fe 16 . F. Jenny .& ae STATE REPRESENTATIVE. James H. Johnston 15 James Surridge 4 DISTRICT JUDGE» Wallace N. Scales COUNTY COMMISSIONER First District N. B. Pettibone 15 COUNTY COMMISSIONER Second District Aug. Schroeder 16 COUNTY COMMISSIONER Third District Che TOR sree * Ed Vincent . PROSECUTING ATTORNEY Frank E. Fore .... SHERIFF W. H. Eller . Tim E. Quinlan . COUNTY TREASURER J. A. Bradbury PROBATE JUDGE Wilbur L. Campbell ................ COUNTY SUPERINTENDENT OF PUBLIC INSTRUCTION ie | ern COUNTY ASSESSOR William Ingram .13 Calvin Hazelbaker _........ 1 CORONER A. J. Mauge 15 « @ Does sewing seem | burdensome | to you in hot weather? T NEEDN'T be. The Bel- robe (enclosed with every new Standard- Designer Pattern) makes a new thing of drese- tmaking--makes it so delight- fully easy and economical that you want to go on and on and make dozens of lovely things, With The Belrobe you have no cutting problem—an expert has worked it all out so clearly that you cut without hesitation, and without wasting an inch, There are none of those puz- zling moments when you don’t know what step to take next. Follow the pictures in The Bal- robe-- and you see just where each piece goes; where to baste, The Belrobe shows you how 10 “finish,” too, so that your frock or blouse has the look of an original model. Ae We have all the new Stand- ard-Designer Patterns this SURPRISED MANY (Continued from page N. A. Litherland 3 H. C. Netzel . 1 O. D.Hamlin 1 16 Voted the ae, Ticket The progressive vote in Cot- week, each one carrying « com- plete Belrobe. Come in and ley us show them to you before you go over our wonderful mid- summer showing of sheer sum- mer materials. bi