Show BANKER fEARS INJURY TO ROADS Declares Future Guarantee Should Be 6 62 3 3 2 Per Cent CentI I WASHINGTON Ja Jan 18 IOAn An An ef effort effort effort ef- ef fort at t this time to set aside the 6 per cent rate fixed by the tha transportation transportation tion act would alienate whatever confidence confidence confidence con con- remains In the future of our railroads and their securities Jerome J J. a New York investment banker declared today at the Interstate Interstate interstate Inter Inter- state commerce commission investigation tion Into transportation rates Mr at the same time ex expressed expressed expressed ex- ex pressed his conviction that It would be impossible for the commission to fix rates which under present conditions conditions conditions condi condi- would enable the roads to receive a a. 6 per cent return on their property of investment V return r which He e estimated would allow I that t a a rate fair I I dividend for tor stockholders Interest on bonds and a a. margin of safety for lean years would be 6 3 2 per cent A. A Stevens will be the speaker at the Kiwanis club lunch luncheon on Thursday The subject will be In 1922 Its It's Up to Tou You Arthur Pedersen Peder- Peder sen Freber violinist will furnish the music Attendance prizes this week will consist of two cases of canned food as a preliminary to Canned Goods week March 1 to 8 |