New-York tribune., 1919-10-30

SQuestion--N ouId you advise hold
ing Great Northern preferred stock
oy one who purchased some about 80
points higher than market price to-
day, or would you advise taking loss
and reinvestlng in something better >
Is there not very strong probability
that the dividends will be reduced II
not suspended entirely when road is
again turned back to private owners ?
p K.
Answer-Of course. no one knows
what the future of the railroads is.
But We do not believe any legislation
will be enacted which will rob the
Great Northern of It's earning power.
You might shift into some ind striaI
and recover your loss quickly, but you
would be taking a rather large risk
In view of the excited speculation
now going on.
Question-Will you kindly advise me
regarding the following: bought sew
eral years ago some stock in Pine
Lawn Cemetery Association, two or
three years ago it went into the hands
OF receiver and I understand now
that the old officers Of the company
hold most OF the stock. Please give
me your opinion of the investment.-
VI. F G..
Answer-Are informed that plans
are under way for discharge of re-
reiver of the Pine Lawn Cemetery
Company and also that stockholders
are urged to communicate with presi-
dent of company at Brooklyn office in
order that complete cooperation NAV
be effected
Question Please give me your opin-
ION on American Can. Do you think
that will soon pay dividend? Do you
think II will go higNero-C. Z.
.snswer-This company's earnings are
said to be very large. Many people ex-
pect dividend on the common stock.
ort so Tar 1t has not been Forthcoming.
II Is able TO pay one. we understand.
Stock is speculative, of course. and we
cannot attempt to forecast course Of
stock market.
Question-Please name a few bonds
in the same class as New York,
estchesrer & Boston 4las How much
IS the New York, New Haven & Hart
tord Railroad guarantee of those
bonds worth III. S. Il.
Answer New Haven guarantee
OF New York. Westchester & Boston il
ABOUT all that keeps these bonds fror,
default. for they have never earned
their interest. st. Louis Southern Ter
minal per cent. Missouri Pacific !
per cent. st. iouis & San Francisco
prlor lien per cent and per cent
minneapolis Il st. Louis per cent are
few.
Ques tlon-Could you possibly give
me short list Of what you consider
safe SAT, navestments Not knowing any
thlng about stock market. have hac
20 oe content with mortgage bond in
vestments at per cent. I don't wan;
to buy with the idea Of selling agar
soon. It's better return for my none,
that would like. and if you could glvs
me an Idea OF what would be the best
would appreciate it immensely. /. q.
Answer-Preterrcd industrial stocks
yield at present prices from 81, TO So,
per cent as follows: United States
Steel preferred Americar Car AND
FNundr; preferred, Railway SteeI
/ Spring preferred, Corn Products pre-.
fer-etl, Standard OIL Of New jersey rre.
ferred Atlantic Refining preferred Al,
broker whose advertisement appears ~
( The Tribune will be glad to consult
with you.
QueSlloN-i nave some United States
Really and improvement per cent
debentures due IN 1924. will appre-
clare it if you will give ne youi
opinion rs to the safety OF these deben,
tures and Il you would advise ME tc
! sell them, and Il so what would you
r"cNH med r. purchase in placa OF
hem - II. 3. D.
Answer-Unitsd States Realty and
improvement 5 per cent bonds have
benefited recently from increased rent.
ais of the company's propert .es. Bond
appear to be good speculative invest.
me =. anr ~> roosOn for d;s
posing OF them at present prices.
Question-Piease advise if you con
sider Cuba Cane Sugar preferred a safe
investment. Is this substantial vel,
managed company? Can you suggest
another preferred stock selling =,
about the same figure also a good com
mon stock lncustfIas o. ra d H.
Ans~er-Cuhan Cane Sugar pre.
fer ia TO {