davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1919-11-23
Col. Jim Florida
Has Charge Of
Packard Serv;r

H. nne with efficient service Tor
packard owners. Lee T. Eastman. .gf..-
Gent oi the New York G4aneh. his a--
poiuted Colonel James Foitda as .-.
Sfal service manager of Packard.
ORR. and r 4. peckhAn. foe..4t
service manager at Newafh, as sf,1
intenoent OF the Long Island fIls s.ll-
ice station.
Colonel Florida returned lst
after. eighteen months es
rance as all executive offiter N rr
Motor Transport Corps of he A
and was immediately spannea uu
Packard elphia.
Jam Florida was "a racing driver o.
Skiii and daring. Among the bis e.ent
ne parleipated ~ wore 7hc fairsg..I-
farN race OF 1905 ard tie Aana.rhIIt
Sup race OF the same wear HE ,qa. 10
many years with the Locomoail. rarl.
pahy and one time assistant manag.-
OF Then IN lado lphia brancb
IN 1916 florlGa Went 10 the }l0..ea
bor.ier as suneriatendent of ..-
tran sportation, being stationed a,
idmbus. \. ii. tie mad tha fa-, .f
looking aites the operation of eo-..,
meht trucks over hundreds Of aiii.- ar
desert land.
-. W nen America entered the biz war
.orlda was commiSs ionrd as isl.ii sli
placed in command Of N I q p-asf.
emit No. 3o5. lie recruited SEQ .ela
automoolie mechanics fos TIL.
most OF them from Philadeinb sat
took them to Camp Neigs for -i8,t
framing course. When the orasn'r-
'loh S@iled Tor France he L-d 50a
men anu 90 officers under hi co.lI,la....
On the other side Major Flor.1 es5
stationed at NeimeuI, the priasinsi
malntenance camp for American iran-.
Portation. This camp became the fare-
est automobile repair and Replacement
center IN the world II contained iltla
IMAM StOo,0oU goo worth OF extra parts
1of the various makes of trucks u
1orelgn service, with faci.ri-. for
every sort of repair Major Florida
haa charge OF organizing and directing
the motor vehicle division at this
greas center II was his duty 70 kees
me thousands of trucks in motion at
all times. At one time there were
more than 1900 AmerIcan- made trucks
in France
In September. 1918. Major Fiorida
received his promotion to ieutenau.
co.onel IN the Motor transport CoIus
and WAS placed in general charge of
replacement OF motor parts. Af'cf ths
War he was honored with citation
Tor mertonous service from the Amer
ican government. When the arnistice
was declared Colonel Fiorfda aas
sent INTO Germany for inspection ana
supervision, where he had the opp0i-
tunity to observe the remnants OF
Germany's once great lighting ma
chine.
In Mr. Peckham the Long islana City
Service Station mas superintendent
who came into public notice in the
winter-l9l77'ls, when he led the frst
Packard truck tgain overland through
series of blizzards from the factory
to New York. At the time he VAS
service manager of the Springfeies
Mass, branch.
New-York tribune., 1919-11-23
Allen Exchanging Shutier-
For Old Models

The new Allen shutter radiator cover
is creating 4 great deal of interest
both IN the trade and with the all year
motorist.
In recent interview William 4.
Allen, president of the Allen Auto Spe-
cialty Company, said;
Many OF the pleased customers -
our Old radiator cover have asked me
whether OF not M new departure
would antiquate their equipment. ana
have been pleased TO inform them ths-
such IS not the case We have made the
neees Sary arrangements to furnish thr
shutter equipment for those who have
the cid style radiator cover FOR the
nominal price of Sl2, the new Allen
shutter radiator cover retailiag a.
slb-oo- one OF the strongest appeals
OF the new cover, as we'll as she max
ing over of an old style cover into ths
new style, is that the work Of attach
ing over of an old style cover into tho
one can do it in few moments with
surety of success"
New-York tribune., 1919-11-23

enlightenment. The above stock was
purchased strictly upon an investment
basis at time when the company paid
regular per cent dividends. Naturally
developments of the last few months
have been disquicting to say the least.
h. j.. y.
Answer-The Brooklyn Rapid Tran
sit owns all or nearly all the capital
stock of the following companies;
Brooklyn Heights Railway, Brooklyn
Queens & Suburban Railroad, Coney
Island & Brooklyn Railroad controlled
by Coney Island & Gravcsend), Nassau
Electric Railroad, New York Consoli-
dated Railroad Ia consolidation of the
and Carnarsie Railroads). New York
Municipal Railroad Corporation TALL
owned by New York Consolidated Rail-
road), South Brooklyn Railroad, New
York & Coney Island Railroad, Pros
pect Park and South Brooklyn Rail-
road. Much of these securities are
deposited as collateral under the Brook
lyn Rapid Transit refunding 4s. We
know of no difference in the words
hold" and town." unless it may mean
that in the one case stocks are pledged
believe this to be the distinction. The
most important Of the surface systems
in Brooklyn is the Brooklyn City Rail-
road, but the Brooklyn Rapid Transit
simply leased the road--the stock is
all outstanding in the hands of the
public. 1t is largely matter of what
the bondholders will elect to do. II
foreclosure proceedings should result
in distribution of collateral (as
happened in the case Of the Chicago
Rock Island 4 Pacific Railroad col
lateral 4 per cent bonds) then the
Brooklyn Rapid Transit would sever
it's connection with all these companies.
We do not understand that the separa-
tion OF the companies from the Brook
!yn Rapid Transit affects those COM
panies owned by the parent company
but those leased, and where the amount
Of the lease has not been forthcoming
The consolidated balance sheet of 1915
showed total assets of 1925, ,760, ,871.
against which were liabilities of $212,
5Sp
New-York tribune., 1919-11-23
Metropolitan Motor
Truck Dealers Organize
Association Formed as Clear,
ing House for Traded.In
Trucks

On Monday night, October 81, plans
were perfected for the organization OF
central body by the large truck dis
tributors Of New York, to handle trade :
ms through one medium, and also for
mutual protection and advantage to
overcome many Of the abuses now ex-
,sting in the industry, which, it is be-
lleved, through closer relationship
can be materially minimized by friend
~ discussion, which will prove benc-
fetal in high degree to all concerned.
The following officers were elected:
President, ". H. Moore, Garford Mo
tor Truck Company; vice president, A.
Z. Harrington, Packard Motor Car
Company: secretary and treasurer, I.
D. Pratt, Motor Truck Association of
America, Inc.
Ii is hoped to make this movement
one of the most progressive in the
United States, and it's success will BE-
followed with marked interest by the
motor truck industry of the country.
New-York tribune., 1919-11-23
Home Oil and Refining

Question: have a number of shares
in Home Oil and Refining. I have
heard several reports concerning this
company which would create rise in
value of the stocks, but they seem
rather 10 cd down than up. ] would
be obliged to you if you could give me
some data on the above, and if you
think it would be worth holding on to
for a while.-J. w. l..
Answcr-This company is expanding
considerably. Large orders for tank
cars have been given, and recently
four retneries have been completed
II was stated August 80 that the COM
pany had closed a contract for delivery
TO the Frisco Railroad of 100000 bar
res CT oil a year for five years, at
S1.l5 a barrel. All of this appears tO
be salts actory. We have no statement
OF earnings to guide us, but, under the
circumstances, think it might he ad.
,isahle to hold on for while.
New-York tribune., 1919-11-23
W onderful Record Made
In Sale of Essex Cars
Harry houpt Separates Selling
Forces of Hudson and
Essex

President Harry S. Houpt oj the
Hudson Motor Car Company of New
YORK tutcs that the separation Of the
Essex and Hudson sales forces. an
nounced some weeks ago, has been
completed, and the Essex car now has
It's own salesrooms, us new entrance
has been cut through TO Broadway. Sc
that both salesrooms are now com
p.etely separated.
The change made was due to the
enormous demand for Essex cars. which
nece ssltated the creation of an entirely
new sales force to handle the rapid \
increasing number of Essex customers
The Hudson people move fast out
III Detroit, said President Houpt. "ant
we have To key our organization up tc
concert pitch TO keep IN With theii
expansion.
"fhey have just accomplished one o.
the most rema rkable production records
IN The history OF the motor car indus
try, When the 20,O00th Essex motor WAS
swung from the engine assembly line
TO the test block in the Hudson factor,
in Detroit.
The event marked the completion
OF the 1919 Essex production ptogram
SIX weeks ahead of schedule AS the
motor settled into its cradle on tn,
testing block more than 1900 EsseS
cars we're actually in service in tn.
hands of owners in all parts OF the
world, and of the cars more than lOo(
are running in our territory.
Yet less than year ago the pro
ductlon lines on which these cars were
assembled existed only OF paper. whils
the machinery which has turned out ths
thousands OF separate parts entering
INTO their manufacture had not beer
purchased. The Essex design had beer
perfected and submitted to every con.
celvahie test for more than a year pre-
yious,. but plans for it's production haC
been brought to sudden stop by the
war.
when the armistice was signed new
equipment had to be purchased an,
Installed and material collected before
manufacture could begin. Neverthe
less. the Essex was in production il
December of last year, and early in
January cars were being shipped to dis
tributors and dealers. On January II
the Essex was introduced to the public
and Its success was instantaneous
New-York tribune., 1919-11-23
Mullins Body Stocks

Question Please give your opinion
regarding the Mullins Body stocks.
What is the par value, and is there
any preferred stock? Is this good
stock for investment OF speculation
What are the earnings ?-W. G. ".
Answer-Mullins Body Corporation
owns in fee about twenty acres of prop
erty at Salem, Ohio one-half Of which
is occupied bv buildings, leaving room
for expansion. There are about 700
employees. Capital consists of 81 1,0O0,-
900 of per cent cumulative preferred,
500 par, and 10000 shares common. no
par. No funded debt. An initial quar-
terly dividend of Is cents was declared
on the common stock, payable Novem-
her L. For three months ended August
81. 1919, the net profit was Sl79,71l.
The stock is still to be considered a
speculation.
New-York tribune., 1919-11-23
Latest DEVELOPMENTS i'm Motorng-Other New
Routes to Penn
Cornell Game i'm
PhiIaeIelphia
A. A. A. Has Compiled Two
Routes, One Direct and
the Other a TriHe Longer
TO Avoid Congestion

As Thanksgiving Day draws near
thousands ST Cornell ard Penn ;luinai
are making reservations IN the QUAKER
City and viii flock TO Frantiu Field
to see the annual contiics ostret.
these husky rivals. 10 assist tho.
who are planning TO motor to the He-
on Thanksg giving Day. the touring b
rcau Of the American Automobile A-sf-
citation nas compiled The foilow.ny .Q-4
routes. one over the Lincoln II ehte.-.
600 miles and the other 2 siirr-'
longer alternate of lf0 mile, but ns--
ing the added adrartage OF avoiaIr.-
the congestion of traffic aiong tAo nor.
popular and better known route o. me
Lincoln Highway.
Lincoln Highway leaving Sew
YORK. via the FortS S-seco0d Stree frrf.
the distinctive red. white ana h
bands Of the Lincoln II gh~av dr, f.
lowed through Nevark Flizaoeth Rail-
way and Metuchsa TO New Brunsn.e.
AT this point turn left on Gaorea
Street and follow the Cranbury Turn
pike through Dayton and Crarbury ra
Hightstogr Here at d hofel tla
sharp to the right run sbopi ila mil.
and turn sharp left on - road s,hia.
leads through the villages Of prtr
Neck. Fdinburp and Torcat--ilfe ..
Trenton. From this point the ffrco.
Hlgtway is again followed al ae T
10 Phllade lphia.
Alternate road. avoiding congo. .4.or
To avoid the congestion along the 4ba. q
mentioned route the mototsr ma
leave fhe Lincoln Highwav At Ncwar.
and after running frs to ~nriuefe
VIA Clinton and Springfield nerl.
continue to Far Hills. .ia Summit
New Providence. Berkeley Heights a..
Liberty Corners. At the "a lroaa sta-
tion in Far Hills turn square isfr fa
Bedmnster and thence via Iamingre.
TO White House. Again turn i1ft .
three corners in the village Of White
House and shortly beyond bear fe.t
en- COCA macadam road. which .n.s
almost due south through flemfre-.
to Ringoes. Here take rlr--
avoiding the road ora the leff rf
runs 10 Trenton and continue taral.
Mount Airy to iaNhertviils Atr.
crossing bridge over the UelaH-sf.
River into New Hope, p. 20 straight
ahead through several small a age.
TO buckingham Here keep 10 the let
on a road which runs south through
H&tboro- Willow fsfovc, Jcukinto,gn
md Ogontz. ming INTO Phia5alrh.a
on Broad Street. Then 4arn iqt1
chestnut Street. passing the lailroa
statlon and continue straight ahead b
Franklin Field, several blocks beyond.
Maps showing these routes in detail
may be secured for Z nominal nrl,e nj
American Automobile Association head
quarters.
New-York tribune., 1919-11-23
Franklin to Make Trucks

Still further expansion of the bust
ness OF automobile manufacture in
Syracuse is assured in an announce
ment by II. H. Franklin, president OF
the H. H. Franklin Manufacturing Com
pany, that the company will engage in
the making of ene-ton Franklin trucks
in plant separate and distinct from
the present factories for the manufac-
ture of passenger cars.
Plans, as developed thus far, call for
production of tha new output in about
twelve months. 1t will be pneumatic
tired truck, and will be designed and
made to occupy the same Important
place, relatively, in the truck field that
the Franklin passenger ear occupies in
its sphsEa.
New-York tribune., 1919-11-23
Baltimore K Ohio Dividends

Question: am the OGner of several
shares Of Baltimore & Ohio common,
which | have been holding for a few
years. Last year they deferred divi-
dends. However, made good their pay
ments later. Are they bound to pay
interest, and what DO you think Of the
proposition? Bought same at 52.-E. Is.
Answer-The directors of Baltimore
& Ohio Railroad, after passing the divi-
dend on the common stock, stated that
they thought it best to place the
amount back into the property. The
dividends are not bound to be paid.
We believe that the railroads have seen
their worst period for some time TO
come. The president of the Is. 4 O.
recently intimated that if the company
were given fair treatment all would be
we'll, and We believe Congress will be
fair to the carriers.
New-York tribune., 1919-11-23
Anglo O-.American Oil!

Question.-please give information
on Anglo-American Oh Company, Lin
tied Has it a good future? What
would you advise one who is willing
to buy outright and willing to hold
for future increase What prospect
are there of its continuing to pay div
idends? Would you consider it a bet
ter purchase than that OF Illinois Cen
tral Railroad stock under same cond-
tions IT. B.
Answer.-Anglo-A American Oil Com,
pany, Limited, is the largest petroleum,
distributing company in England. il
owns and operates large fleet of
ankers. wharves and oil tanks, etc. Ii
was incorporated in 1887 and was for
merly the marketing company in the
United Kingdom for the Standard Oil
Company Of New Jersey. There is So
100000 stock outstanding, par s. Earn
ings for 1915 were fl,04O,O against
s80S,a42 for 1917. Dividends of 30 Der
cent (about $l.42la share>. The mar
gin of safety is greater than in Iii
nois Central Railroad stock, and We
should prefer Anglo-American as a
speculative investment. We cannot tell
whether 1t will continue to pay divi.
dends. but see no reason at presen,
why it shouldn't.
New-York tribune., 1919-11-23
American Road Machinery

Question-Will you kindly give me
some information on American Road
Machine Company? own few shares
of this stock and the last time quoted
was much lower than what l paid for
il. Do you think it worth while to
hold on to this stock?-S. Nj. +.
Answer--American Road Machinery
has paid off all its accumulated divi-
dends on the preferred stock, and
while we have no recent statement Of
earnings, She chances are that the use
of it's product will expand. The de-
mand for its machinery during the
war period was light. We should he
inclined to hold for tine.
New-York tribune., 1919-11-23
Safety-And So Per Cent

Here Us q list of ten bonds calling
for the Investment of about $4,000 All
81 them are first mortgage bonds and
IN all cases the stocbs OF the companies
pay dividends. They are listed on the
New York Stock Exchange. The re
turn is approximate 5Aa per cent
This return is, however, iirured on the
security being held 10 maturity. but in
the case of those bonds which are due
A great many years hence, such as New
York Central and Atchison. the income
tax of . per cent is paid by the com
pany without deduction:
!. New York Central & Hudson Rivet
Railroad IL per cent. due July |, 1897
Price about 70. yielding sos per cent
A first lien on S4S.56 miles, including
the main line from New York TO Buf-
falo.
2. Atchison. Topeka & Santa Fe Rail
way general per cent. due October
i095. Price about 1884, yielding sic
per cent. a first lien on 5,2a1.0T miles
g. Northern Pacific Railway prior lien
per cent, due January !, 1897. Price
about IS. Welding SIS per cent. 4 FIRST
lien on i,770.7S miles.
4. Indiana Steel Company frst pei
cent, due May /, 1882. Price about as
Welding 5.35 per cent A first lien on
the Gary plant of the United States
Steel Corporation and guaranteed prin-
cipal and interest by the latter cor
poration.
5. Republic Iron and Steel Company
sinking fund per cent, due April |
1910. Price about 9t&, yielding SAC
per cent. 4 first lien on the entire
property of the company.
g. Minneapolis. : t.Paul K Sault Ste
Marie Railway first consolidated pc,
cent. due July !. 1898. Price about 80
yielding 5.45 per cent. A first lien CT
3,157.93 miles
7. Central Leather Company first lier
: per cent, due April I, 1925. Price
aobut 97A, yielding $50 per cent A
first lien ON the entire property of the
company.
s. Chesapeake & Ohio Railway first
consolidated > per cent, due May /
1899. Price about SO II, yielding $50
per cent. A first lien on GOA. 80 miles.
9. New York Air Brake Company FIRST
per cent, d., May t. 1923. Price
aobut 100. Welding s per cent. first
lien on entire property.
10 New York Dock Company first
per cent. due August !. 1851. Price
about 6s, yielding $50 per cent. A first
lien on the entire property of the com
pany, including two and a quarter miles
If waterfront property on the ast
River from Brooklyn Bridge to Erie
Basin.
New-York tribune., 1919-11-23
Don't Forget Investments

Question: would appreciate 1t very
much if you would & We me your opin-
on on Cities Service Bankers shares as
n investment. The operating company
naturally athrms that they are sound
and can be put away and forgotten
bout, etc. rather uncommon situa-
Ion with common stocks. J. L.
Answer Cities Service Bankers
,hares show good earning power and
We should class them as very fair
Investment. The yield is attractive
But don't accept the advice to put the
shares away and forget them. Don't
aut any stock away and forget it. Don'i
put even u high grade bond awav and
forget it. Keep in touch with all your
Investments and you will fare much
better in the end.
New-York tribune., 1919-11-23
Auto Sales Corporation

Question-Will you please give the
capital and nature of the business and
how long established OF the Auto Sales
Corporation What are the earnings
according to the statement given the
Stock Exchange at time OF recent list
ing "A. T.
Answer-Capital, $4,000, 900, OF 6 per
cent preferred and $4,000, 200 common
stock, $50 par each. The company man
ufactures, operates and deals in auto
matte coin-controlied vending and
weighing machines. 1t was established
November 10, 1917. The net income
for twelve months ending August 81,
1919, was $272,251.
New-York tribune., 1919-11-23
Kerr Lake Good E.arner

- Question Kindly give me some in
formation about Kerr Lake. Do you
consider this stock a gamble at the
president price Also advise me when
Kerr Lake last sold ex dividcnd.-H.
NJ. K.
Arswer--This company is a good
Garner. For the year ended August 81.
1919, it earned S1.6l share and paid
S1.09 q share. While the surplus was
only $3l6.534, against Sl,082,5a7 the
year previous. nevertheless it did bet
Ter than many other mining companies,
and. while the stock must be consid-
cred speculative, 1t seems to have pos
siblities. 1t last sold cx dividend on
September 13, dividend being paid Sep
temhcr %
New-York tribune., 1919-11-23
Associated Dry Goods

Question--Will you please give YOUR
opinion on Associated Dry Goods pre-
ferred? When il ray and how much :?
Also, as all stocks seem inflated. would
it be wise to wait? K.
Answer--Asseciated Dry Goods has
two preferred issues, the Grst pre-
ferred per cent cumulative. outstand.
ing $13,8f8,7oo, and the second pre-
ferred { per cent cumulative, outsta nd
ing $7.726,5oo For 1918, the amounts
earned on the two issues we're I so per
cent and t1-5t per cent respectively.
Earnings are said to be far greater at
present. The preferred dividends are
usually paid the first day of March.
June, September and December. They
appear to be good Investments.
New-York tribune., 1919-11-23
Manhattan Elevated

Question-Please advise me concern
ing Manhattan Elevated. Is it a good
buy at the market? | see in your Sun
day issue that AZ is low for this year
Do you think dividend will be paid :?
A. B. j.
Answer-We cannot advise whether
Manhattan Elevated is a good buy at
present. but it would appear that its
position had been rather we'll dis
counted. The lnterborOugh claims that
the Manhattan is not earning its z per
cent guarantee.
New-York tribune., 1919-11-23

ing stocks selling around $50 that we
think you might buy as speculative i'm
vestments. Colorado Fuel and Iron,
While showing decrease in earnings,
nevertheless earned at the rate of 5.5A
outlook brighter.
New-York tribune., 1919-11-23
An Even Choice

Kindly advise as TO investment in 2
per cent preferred stocks of A. G.
Spalding g. Bros. and w. L. Douglas
Shoe Company. Are they both good
propositions and which is the hest?
j. II. H.
Answer-A. G. Spalding & Bros.
cne of the largest manufacturers of
sporting goods in the United States.
shows consistently good earnings for
the last five years. For 1918 the net
income was s1,034.2s6, and for 1919
tparsTy estimatedD $i,35o,00o, equal to
81 per cent on the S2,6l6,400 common
after payment of per eeat ON $685.
900 first preferred and 3 per cent ON
New-York tribune., 1919-11-23
Lake Torpedo Boat

Question-Some time ago pur-
chased several shares Of the Lake Tor
pedo Boat Company's stock at $40 a
share, for which received certificates
in my name. AS a stockholder in the
company, am not entitled to report ?
1t is seldom traded in on the Curb.
viii you kindly advise me through
your valuable column how the company
stands.--D. P.
Answer-Nothing has been made
public of recent date to guide one in
forming an opinion of the company,
The concern benefited by its war con
tracts, but since the war ended busi
ness has fallen of considerably. Sorry
We cannot help yeu. Why not write
TO the president of the company asking
as stoekholder for a statement con.
corning the eompany's condition?