New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-07
DIGS
TO BOTTOM OF
STRONG BOXES
Sixth List of American
Securities Modified
Is Published


in this country were Of the opinion
that an announcement Of
new British loan would be forthcom-
ing before the end Of the current
month. They based this opinion on a
knowledge of Great Britain's need Of
additional dollar credits to pay for
her continued heavy purchases Of war
in this country.
The banking syndicate which expects
TO underwrite the next British loan to
be offered here will IL is reported
devise a plan to make it particularly
attractive 70 individual investors and
trustees of estates. Previous loans Of
this character have been absorbed
mainly by banks and other financial
which it is said are not
now IN position or are unwilling TO
invest their resources in new offer
ing.
In view Of the general belief that
the prospective loan will, like other
recent hotations. be based on securi-
ties pledged as collateral, recent steps
taken by the British Treasury officials
for the mobilization Of such American
securities as still remain undeposited .
and in the hands of British investors
are Of more than usual interest.
A new list of American dollar Sc .
curities has just been issued by the
English committee in charge of the
security mobilization. Approximately .
the names Of 200 stocks and bonds are
included in the latest list. which is
the sixth issued by the committee. .
The British government undertakes TO .
buy these American securities from
their English owners. All of the Sc
curities listed are subject to a spe- .
cial income tax amounting to 10 per .
cent. in addition to the general Brit .
ish income tax This special tax can .
only be avoided by the holders turn !
ing them over to the British govern
mcnt The purpose Of the tax has .
been to force the securities into the .
hands of the government.
Here is the list of stocks and bonds .
which have been added to those pre- .
viously modified by the British gov
eminent:
Alabama Great Southern Railroad pre-
lcrrcd. Alabama Great Southern Railroad .
ordinary. Albany Southern Railroad first
mortgage 5s, Allegheny Western Rail- /
way first mortgage IS, American Brake .
shoe q Foundry per cent cumulative pre- .
lcrrcd. American smelling q Refining .
Company common, American Thread Com
pany . per cent cumulative preferred, At
lanta. Knoxville g. Northern Railway hrt .
consolidated mortgage Is, Atlantic Coast .
Line Railroad convertible dc5enture Is.
Atlantic Coast Line Railroad ila per cent
Equipment trust series b Atlantic Coast
Line Railroad OF south Carolina general
FIRST mortgage g..
Baltimore City bonds Battle Greek {
Sturgis Railway first mortgage IS. Belv.-
deere Delaware Railroad consolidated mort
gage 3ias. 30 ton City bonds. Boston &
Maine Railroad twcnty-year plain refund
ing fi.s. Boston Worcester Sweet Rail
way first mortgage ies. Burns Brothers
per cent cumulative preferred.
Canadian Pacific Railway prep console
Pacific Railway 3 per cent preference stock,
Canadian Pacific Railway common. Cedar
Rapids Manufacturing and Power Company
first mortgage Js, Chattanooga. Rome ~
Southern Railroad drst mortgage BIS, Chl-
cago a North Western Railway extension
u.s.. Chicago a Northwestern Railway '2
por cent equipment trust certificates. Chi
cago. Rock island a Pacific Railway 4 -
pcr cent equipment notes, Chile Copper
Company collateral trust convertible IS,
to- "a De
cage is Colorado Power Company FIRST
mortgage IS. Colorado Springs cripple
Creek District Railway nrst consolidated
mortgage .S. Columbia Railway. Gas N
Electric Company FIRST mortgage 80. Cuba
Company per cent debenturcs. Cuba Com
pany per cent cumulative preferred. Cuba
Railroad first mortgage 's, Cuban lcie-
phone per cent cumulative preferred
Dayton Lighting Company first and re-
funding mortgage 5s Dayton * Michigan
RaiIrosd consoIidated mortgage as De
troit d Bay City Railway first mortgage
s. Dominion Coal Company first mortgage
ss. Dominion Iron and Steel Company con-
solidated mortgage sterling IS.
Electric Bond and Share Company D per
cent cumulative preferred, NJ Paso Rock
Island Railway first mortgage Js Essex
County Of. New Jersey. bonds.
Fort Worth & Denver City Railway first
mortgage 6s Galveston Electric Company
first mortgage Js, 1910; Georgia Ala
bama Terminal Company first mortgage Us,
Goodyear Tire and Rubber Company Z per
cent cumulative preferred. CRANKY Consol-
dated Mining. Smelling and Power Com
pany first convertible mortgage bs. Great
Northern Iron Ore certificates for pur-
noses of the additional interest payment OF
D.. per cent per aunum. the nominal value
of each OF these certificates Will be re-
earded as $3.50. Great Western Power Com
pany first mortgage IS.
Urlwe George W. Company 3 per
Iaf az. q raf
Bridge Company first mortgage o., Hey
wood Brothers & Wakefield Company per
cent cumulative preferred. Houston Belt
Terminal Railway FIRST mortgage 5s, Inter
national Mercantile Marine Company first
mortgage and collateral trust sinking
fund o..
Iowa Central Railway first mortgage 5s.
jackson. Lansing & Saginaw Railway first
mortgage % iss. 1915 Jersey llty ponds,
Kanawha & Michigan Railway first mort
gage 49, kanaWha g. Michigan Railway
second MORTGAGE Is. Kansas City, Memphis
& Birmingham Railroad general mortgage
4s. Lanigh & Wilkes-Barre Coal Company
consolidated mortgage SIS. lt.U-5u; Ll.tIe
Miami Railroad original capital stock,
Louisville & Nashville-Southern, Monon
collateral joint mortgage IS.
Macon, Dublin & Savannah Railroad
first mortgage IS. Manitowoc. Green Bay
a. Northwestern Railway first mortgage
2tas Marquette. H0ughton q Ontonagcu
Railroad general mortgage IS, Mas-arhl-
.ctt. Gas Companies S. p. fi25. Metropol-
tan Telephone & Telegraph Company first
mortgage 5s Mexican Petroleum Company
Ltd. OF Delaware. first lien and re.ladirr
convertible s. T.. bs, series Mexican
Petroleum Company Ltd. of Delaware.
first lien and rounding convertible =. ,
6s. series Mexican Petroleum Company.
Ltd. of Delaware, first lien and refunding
convertible $. =. s.. series 4 Michigan
Contra. Railroad Grand River Valley first
mortgage a.. Michigan United Railways
first and refundng mortgage 5s. Mil Greek
( Mine Hill Navigation and Railroad guar
antced stock. Milwaukee. Lake Shore 8
Western Railway Michigan diyisionl first
n10rtgaos 6s Milwaukee a State line