Ocean City Sentinel, 23 February 1922 IIIF issue link — Page 4

Ocean City Sentine MM «ad Pat.li»h«d Enrr Tkmadv OCEAN CITY PRINTING AND PUBLISHING 00. HOWARD S. STAINTOK. PnHtni H.tr. F. ttaa(en. Vie* rrmUmf. X. M Lawii. OKnUrr: H. S. Xo'Ttr. Tnaamr Inli L. Barren. B. Frank Smith ami A R X JOHIn IHfacwr. . LEWIS I-. BAKRI7TT, Grn'l Business Manner? PobllU«l » xUr at Saaunei flniWinit. T14-TJS A-h . Arrow. Ocean City. N. J. •.•fcl-fcorw ISS-J * All' toBunonltatinB, to thla l*r*T will h« tmhlUhad only over tha nam. o( wrltar Charjii of aBrertWB* copy mM be at tfcli offlce Bill later than Tuwday boob. Tbl, ' Job work 'troraplly -hi no "br «l*riancad THURSDAY. FEBRUARY 23, 1922 ' ^ F.nlered at too Pg J3*etjn^Onmn City, THE SENTINEL OCEAN CITY WX F. CARD INF It 7S0 Album Avon or. B. C BUSRAY. 1124 Aabory Amnor SOMERS POINT, N. J. UNCO A EJASON I Saw Jeraey Avr. and Short Road ATLANTIC CITY TICKET OFFICE. SHORE FAST LINE Vir- j SWARTZ NEWS STAND. Atlantic Awoua. oppoaMr Guarantee Tnat Bolldlnc , ST. PETERSBURG, FLA. NULHOLLEM amd^ WEST. RM" Centra) | MIAMI, FLA. L. C. COHEN. Hill Bolldlnt. AT the recent "booster banquet" in Philadelphia, a remark was made at ] •one of the tables that there were a; hundred men in the room who were boys at Ocean City and have grown up with the town. That may or may not , have been true, but there is no question that Ocean City's most prosper- 1, ous citizens have grown up with the resort. Some of them, like William E. , ■ Manner, have lived here practically j all their lives. He was an Ocean City 1 school boy. Others, like B. W. Ed- ; dr aws^ame here when young men and for the last thirty years havei been identified with every movement ' 1 of a public nature. *Q ;i WHERE DO OUR SCHOOLS STAND There is something deplorable In'! the report that in 20,000 papers returned br student* of high schools. ( colleges and normal schools six out of j ' ten questions about men, places and problems of current public importance^ art answere«l wrong or omitted. : Taking 1,000 of this year's high school graduating classes in countrydistricts, small towns and cities, the Institute for Public Service to which ; the 20,000 papers were turned over by j j the Review of Reviews for analysis. I finds that 40 did not recognize Presi- ' dent Harding's picture; 30 did not know who Pershing was; 630 did not ; ; know the meaning of "open shop"; 250 : ; could not mention an item of current interest connected with Washington where the disarmament conference jj was in session, not to mention con- ■ ] great; 800 could not remember the , J much advertised Budget Director ] Dawes; 500 did not know that Mellon j is Secretary' of the Treasury: 970 j could not recognize the picture of the ' United States Commissioner of Education, and 710 did not even know the name of their own State school executive. The only hopeful sign was that fewer senior boys failed on De Valera, j Leonard Wood and Lloyd George than on who won the world series or the star actor in The Three Musketeers, and in the fact that more girl seniors i knew about Sinn Fein and the soldier bonus than knew about Susan Lengien ard Ruth Law. it is rather alarming to note that; 686 normal students who will nextyear teach 635 classes averaged only i 25 per cent., only one student averageing more than 70 per cent TWENTY YEARS AGO Taken From the Files of the Sentinel or February 20, 1902 James M. Chester has sold twelve lots below Twenty-ninth street. The young people are enjoying the skating at Cedar Swamp Creek. Petersburg. Kalmia Tribe will give a masquerade party in Fisher's Hall. The coast was swept by the greatest blizzard since February. 1899,'i eighteen inches on the level. SENATOR Rl'NYON TO SPEAK Stale Senator William N. Runyon, of Plainfield, who has a large number of friends among the residents of this resort, will bo one of the distinguished guesta at UanUnner io be given by* the Prtebyten'un Men's Bible Class in April. Mr. Runyon, once acting governor of New Jersey, is being boomed throughout Uie State as New Jersey's next governor. Advertise in the SENTINEL. < d

el •PRESIDENT HARPING BRINGS HISTORIC ARMS CONFERENCE TO CLOSE achievements in the Arms Couicr- 1|— >!*■■ . ence. • President Harding brought — * X. the, historic session to a close m ',w, . - . , ■ ' . — • the prc-crce of the entire diploma- *a** -** - •"* corps, members ' -r \ Readmit to anr tabic. Senator Underwood. Elihu ^a_' Root Lodge, 9** .7 Secretary Hughes J re j

"I ^ REPORT OF THE SINKING FUND COMMISSION OF THE CITY OF OCEAN CITY, NEW JERSEY For the Fiscal Year Ended December 31, 1921 Reserves Required to Meet Bonded Debt at Maturity ..Jy._v $ 98^5 53 Surplus Above Requirements - b^oo-sj Total Sinking Fund Assets as at December 31, 1921 10I'IT2^ 1 Uninvested Cash Balance. December 31, 1921 • AlO.W Cash Receipts, all Sources, in 1921 ^A98-5a Cash Disbursements in 1921 • .4,100-00 Uninvested Cash Balance at January 1. 1921 JreJj"* i! Sinking Fund Revenues. 1921 J'SS'i: rl Contribution from Municipality. 1921 ... ,r22oa Term Bonds Paid in 1921 - i Issues of Term Bonds Outstanding. December 31, 1921 »« . Amount of Term Bonds Outstanding, December 31, 1921: General Bonds - - — i School Bonds f 46.000.00 ' Schedule "B" Receipts and Disbursements Receipts Investments: U|UM Securities Paid * Sinking Fund Requirements: I Annual Contribution from Municipality »,iou.m ' Sinking Fand Revenues: ■ car -o I Interest on Investments and Bank Balances 4.69i.iJ r Uninvested Cash Balance. December 31. 1921 1,912-11 , $81,610.64 Disbursements 'I Investments: .-ninnnn ; I Securities Purchased — $60,100.00 Sinking Fund Requirements: , , ^ oo : Issue of City Improvement Bonds, 1911. Retired 14.000-00 Uninvested Cash Balance. December 31, 1921 .,410.64 » $ 81,510.61 i Schedule 'C Balance Sheet. 12-31-21 Assets , , Cask * 7.410.64 > i Investments . 1 100,868.82 |l ^ $107,77856 Sinking Fund Requirements -6 98,536-53 ( Surplus W 9^38-43 f $107,77356 Schedule "D" Investments ' City of Ocean City, 4 's Due 1932 $ JU>«>.00 Bonds. City of Ocean City, 4H's, Serial 7C; , City of Ocean City, 5 'a, due 1945 '.000 00 Notes. City of Ocean City 00.P50.00 Total - 1 $10056352 Schedule -E~ Statement of Sufficiency ' Statement of Funded Indebtedness for Term Bonds and Sinking Funds Relating thereto, as of December 31kt. 1921 Title Date of Date of Outstanding Require- Amount i, Issue Maturity 12-81-21 ments in Fund ,i Street and fire 10- 1-02 10- 1-32 $ 85500.00 $43598.68 $43598.68 1 Fire Apparatus 11- 1-W 11- 1-23 5,000.00 4,17557 4.1755. Refunding 7- 6-11 7- 6-41 50500.00 11562.68 11502.68 . City Bonds 3-11-12 5-11-42 6,000.00 1,205.13 1505.13 City Bonds 5- 1-12 5- 1-42 650050 150650 150550 Apparatus 4-15-13 4-15-33 10,000.00 3500.77 3,200... , Funding 2- 1-14 2- 1-44 13250050 19592.02 19592.02 , Funding 2- 1-14 2- 1-44 27,000.00 4,068.86 4,06856 Beach Protection 11- 1-15 11- 1-46 7,000.00 888.20 88850 . School 7-15-12 7-15-42 45,000.00 9,038.32 9.08852 Totals $873500.00 $9853553 $98535.53 State of New Jersey, Cape May County, CLARENCE S. SCULL, being duly sworn, on his oath deposes and says " ' deponent is the Assistant Secretary of the Sinking Fund Commission, of . the City of Ocean (Sty, New Jersey; the Statement of the Amount, Investment and Sufficiency of Sinking Funds for the Terra Bonds of the City "of 1 Ocean City, New Jersey, hereunto annexed, as at December 81st, 1921, is a s true statement of the condition of Sinking Funds of the City of Ocean City. ; New Jersey, as of date aforesaid. CLARENCE S. SCULL. j Sworn to and subscribed before me, a Notary Public, of New Jersey, i this 12th day of January. 1922. H. S. MOWREB, Notary Public, in and for the t! (Seal) State of New Jersey. Adv., 2-28-lt. r in A Satisfied Owner ■i Owns a 2 Family Apartment r TWO FAMILY APARTMENTS are the best kind of investment properties in Oceun City. Right now there sre some excellent propositions that are offered for sale, uncomparable to anything c # similar here in price, terms and location. All of them are new and offered for sale at prices showing very satisfactory returns on the money invested. < TWO FAMILY APARTMENTS, Third and Ocean Avenue, five rooms and bath each floor, size 22 x 34 feet, ten foot wide porch. I- brick foundations, papered throughout and finished inside in r, white and mahogany; will rent for $900. Price $6,000. TWO FAMILY APARTMENTS, Frist and Atlantic Avenue, six rooms and bath each floorjiire 24 x 44 feet, lot 46 x 76 feet, wide porches, brick foundations, room for double garage; rents for $1,100. Price $7500. >- TWO FAMILY APARTMENT, Atlantic Avenue, between MoorT lyn Terrace and Ninth Street, brick construction throughout, is seven rooms and tile bath each floor, built in tubs, inslir'en<1 trances to both apartments, large lot. The upkesp^op this • apartment will be almost nothing for several years. Provision ^ maoc to install heating plant. Price $13500. For further information apply ^ Any Realtor in Ocean City 20i • 82 53

SALES OVER S.lOOO.OOO J Increase of 105.004 Car* and Tracks ^ Over Previous Year $. Retail sales of Ford cars, trucks and Ford son tractors have again exceeded ei the million mark for the year 1221. h according to a statement given out to- a 96 day by the Ford Motor Company. ci The Ford factory and assembly 00 plant production figures reached a '® 11 total of 1.050,740 cars, trucks ami ^ 79 tractors/for the year, with retail sales ^4 by dealers approximating 1.098.000. jq which in the United States alone sur- * passed the 1920 retail sales record f 00 by 104518. Ford cars and trucks. 00 The Ford Company says the outlook for 1922 is decidedly optimistic. In tj fact, concrete evidence already exists , in that car and truck retail sales for a, December, 1921, exceeded December, u -4 1 1920 sales by almost 25 Cr, and Ford- p son tractor retail sales for the same p periods show an increase of over. 100 ^ <* far December, 1921, as well as an j, M increase over the total tractor sales C for the month of November. S1 These facts seein to indicate that P , not only are the farmers buying more q i freely, but that th general public is h becoming more responsive and reeep64 tive. JTj Another point brought out by a i comparison of production figures for ® the past two years show that Ford ^ enclosed cars are gaining in popujg larity. as 23 per cent, of the 1921 produetion were Sedans and Coupes as 96 against a total of 18 per cent, for the rear previous. Recent reductions in Ford car and 43 truck prfces brought them to a new 1

level. The Touring car now sells for $348.. the Runabout for $319, tkr Coupe for $580, the Sedan for $643, the Chassis for $285 and the truck for all F. O. B. Detroit. Ford is giving employment at present to approximately 40,000 men In his mam plant at Detroit, the importof- which is emphasized when consideration is given to the fart that neiVly 20 per cent, of the city's popuis directly depndent upon the Motor Company. 25th ANNIVERSARY be Celebrated by Ocean City Lodge, No. 171, F. and A. M. Elaborate plans are being land by members of Ocean City Lodge No. 171. F. & A. M.. for the twe'nty-fifth anniversary of their organization, that : will be held in the social rooms of the M. E. Church Monday evening. February 27th. Members of the lodge attended servin a body at the First M. E. last Sunday evening, when a special sermon was delivered by the pastor, the Rev. Dr. Handley. His subject was: "The Initiation of Washington into the Masonry; His Career and Character." SEVEN MORE GAMES Manager George Blackman, of the City High, announces the remaining basketball games for (he seaFebruary 22, Hammonton (away). February 24, Wildwood (home). March 3. Cape May City (home). March 10, Court House (away). March 17, Cape May City (away). March 24, Court House (home). March 31. Post Office Reserves ■ (home). h It

I Jast 7 _ , - . >«. To be sure of having II ARCOLA installed so promptly, ^ telephone today. IN another few weeks every minute of your Heating Expert's time will be taken. yf' I Now is the economical season to *of change from spotty hot-air heat to ty. Arcola-s warm- water warmth. Remember— Arcola means an American Radiator in each room— the same radij, : ators that warm fine homes and buildings throughout the world. Arcola means better health for the children — fewer coughs and colds. Arcola 's cost comes back to you. Thousands of owners testify that it pays for itself in the fuel it saves. Your Heating Expert will furnish an estimate free. Telephone him today. ! AMERICAN "RADIATOR COMPANY lOtAL Btilm and AUBMICAN RadiaUrt f far rvtry knlint ■ ltd 115 N. Broad St. Philadelphia, Pa.

■ Notice: Change in Hemstitching Prices 10c straight running on white. 12c for colors and scallops. 15c for silk. LOLA M. TOWNSEND HANDIE SHOP 736 Asbury Avenue Ocean City. N. J. I— " — — ! -) _ - f CHAS. D. SAMPSON j Stoves, Hardware, Oils, Rooting I ! 408-10 Asbury Avenue Li OCEAN CITY, N. J. ni 1 6_ CLEAN AS YOUR HOME : OCEAN CITY STORAGE CO. ^ Warehouse, Sixth and West Avenue [. FURNITURE BOUGHT AND SOLD ,e Automobile Freight Service Between Ocean City, N. J. and Philadelphia. For rate* apply Fergnsoo Express, 313 Eighth Sty Ocean City, N. J. — FUo. J72 H Philadelphia Office, 713 Spring Garden — Phone, Market 5014 Automobile Renovating U "The Shop Complete' ^ BODY WORK TOPS UPHOLSTERING s- WINDSHIELD GLASS FENDER WORK j " PAINTING of the better kind WescoatCo. Albany Avenue Blvd. and Winchester Telephone 564 ATLANTIC CITY REAL SERVICE Weather Strips Stop those heat leaks ; save fuel and stop draughts. I have in stock either moulded or felt weather strips. Easy to put on. Makes doors noiseless. I Step Ladders ! Just fa remind you that you can get that handy Step Ladder in just the size you need. Townsend's Lumber Yard Eighth St. and Haven Ave. OCEAN CITY, N. J. I J