davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Better Labor
Outlook Helps
Metal Markets
Calling Of of Coal Strike
Outweighs Unfavorable
Developments and Prices
Show a Rising Tendency

The hope Of an improved labor stu
alton as result of calling off the coal
strike gave strength last week to the
markets for all metals except copper.
according to "The Dahl ron Trade and
Metal Market Report" This feeling
outweighed other considerations, such
as the sharp decline in the stock
market and the drop in sterling ex-
change, which had tendency to re-
press activity. The influence Of Lon
don, where an active speculative spirit
has caused prices for lead zinc and tin
to rise more rapidly than in this coun-
try even considering the decline in ex-
change. favored Il stronger market here
Reports from the steel strike centers
indicated that sheet and tinplate mills
have reached an average production Of
about rs per cent Of capacity and sew
oral companies are planning to start
more mills. Business in galvanized
sheets and tinplate has been accumu-
lating and the mills have more orders
offered than they can accept. Jobbers
are about cleaned out of supplies Of
these products and have been pressing
orders on the mills. while premiums
have been offered for tinplate for ex-
port Under such conditions the pros
pect In tin AMI zinc as regards con-
sumption is considered extremely favor
able. The tinpia and galvanizer mills
have not been buying actively yet, not
knowing how much new business they
can book, owing to the uncertainty of
coke and pigron supplies.
AT the same time some fair inquiries
for zinc for shipment this year have
been put out by galvanizers who need
metal for actual early requirements.
Some brass mills also figured in the
market during the week for few hun
dred tons, while a continued export in
tercst was evident. France has bought
heavily of late, understood TO be largely
high grade zinc. England also has
bought, although the margin of the
English market over the American mar
ket makes such business difficult A
good share o. the improved activity N
the zinc market the past week was due
TO covering of short interest. specu.
Iators having sold metal short some
weeks, ago when the steel strike was
more serious and demand for the metal
was slow. Several smeters continue
closed by labor troubles and the stats.
tical position of zine is steadily i'm
proving. Prime Western advanced to
B cents. East St. Louis, during the
week, sales being made at this figure,
for shipment this year. while metal for
shipment the first quarter was held at
Jpn cents. Highgrade zinc sold at
S.S7 u cents to 500 cents, delivered.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Automobile Subjects
Harry Houpt Engages
Knox as Sales Manager
Nationally Known Advertising
Figure Now Identified With
Hudson and Essex

Harry s. Houpt, president Of the
Hudson Motor Car Company, Inc. New
York, has broken into tho national ad-
vertising field in order to secure the
services of man to promote the inten-
sifed sales and publicity plans outlined
by him for 1920, which he intends to
make an unprecedented year in the sale
of Hudson and Essex motor cars.
This is probably the first time such
a move has been made by local con-
Germ. However, the volume of business
already secured by Mr.. Houpt is Of
such magnitude as to attract the in
terest Of a man whose experience has
covered the promotion of sales and the
direction Of advertising of merchandise
having countrywide distribution.
r. w. Knox, advertising manager Of
the Columbia Graphophone Company,
formerly assistant general sales and
advertising manager of the Loose
Wiles Biscuit Company, and later In
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Sutherland Succeeds Curtiss
As SpIitdorf Head

c. ". Curtiss has resigned as d.
rector and general manager of the
Splitdorf Electric Company, to take
charge of the affairs of an automobile
accessory company in Newark, N. J.
R. w. Sutherland. who wi retain
his title as secretary of the large cleo
trical ignition works, was elected to fiji
the vacancy caused by the resignation
Of Mr.. Curtss.
&c. Manning becomes vice esident
sales. Mr. Sutherland has been identi-
fed with the Spltdorf interests for
several years. First as Pacific Coast
branch manager, then as European rep
resentative, and more recently as d.
rector of branches and secretary Of the
parent company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Loft and Loew's

Question: would highly appreciate
If you would recommend a reliable
broker; also let me have information
regarding Loews Incorporated and
Lofts lncorporated.-J. J. S.
Answer-Loew's Incorporated was
formed recently in Delaware. A syndi-
cate recently formed in New York sold
100000 shares of stock. Eight new the.
aters have been secured. Further than
this We have no authentic information
Loft Incorporated was incorporated in
Delaware September lS, 1919, to &C.
quirc the business Of Loft Incorporated,
Virgins, corporation. Tho company
owns two factories and other real es-
tate in New York. Capital, $4,000
shares, no par. Sales are said to be in
creasing over last year. You may in
trust your account with any member Of
the New York Stock Exchange whose
advertisement appears in The Tribune.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
About Priyileges

Question-Wu you please give me
information regarding stock privileges.
| understand call is long and is put
short of the market, and that you pay
certain premium for the privilege to
cover a certain number of days. What
do not quite understand is, If I
should order on call option-thirty days
on 100 shares United States Steel COM
mon, points away, and Steel was 100
tlon be closed by the broker at l03 or
1906? Also can option be closed at any
time within the thirty days if stock
advanced for points or fraction there
Of, and is it necessary to notify broker
to close option if stock reaches 3
points away, or does he close it with
out notification from customer, or
would he hold it for the customer for
thirty days whether it reached 3 points
away or not? r. A. p.
Answer-If You purchase a call on
100 shares of Steel points from the
market you must Of course finally de-
terminc at just what price you have
the call. If Steel is selling at the
time at par your call would read 1903,
and you receive paper made out to
that effect and signed by the one who
gives you the option. It should also be
.i'NOl SCu ~ d ASPutiDie CiOCN TNCHInHe
house. IL the call runs thirty days
you have the privilege of calling upon
The giver of the option at any time
during the thirty days upon one days
notice Except on the last day. when
no notice is requircd) to deliver the
stock This stock is then delivered
through the clearing house of the New
York Stock Exchange TO your stock
brokerage house for your account,
You must watch the stocks activity
yourself. Your broker will do nothing
unless You instruct him. Many people
who buy options hedge against them
as follows: if The stock advances, say,
or points beyond the call price,
plus the call cost, one might sell fifty
shares or even the full hundred sha res.
He is then technically short. If the
stock declines he may cover in the
market, making profit, and he still
has his call to operate with. This
might happen several times during the
thirty days and yet the holder of the
option might never call the stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
In an Old Trunk

Question: have just discovered, in
an old trunk left by my deceased hus-
band, several thousand dollars worth
Of Cincinnati & Great Northern Rail
road stock. Is it worth anything ?
MIS- H. C. H.
Answer-Things like that are often
found in old trunks. The company was
organized in 1871, but was never any
thing more than projected line, with
doncd in 1878. The securities are
worthless
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Pic Pic Fails to Arrive

very disappointed exhibitor at the
automobile salon is S. Papaspyros, gen
eral agent in the United States for the
Pic Pic automobiles. Owing to the
congestion on~ the Transatlantic routes
the Pic Pic models, which were on en-
hibition at the Paris and Brussels ex-
hlblrlons. were not loaded on time.
However, Mr.. Papaspyros has had word
that they are now en- route, and he is
hoping that by Wednesday he will have
them unloaded. His disappointment Is
shared by many others. as this car has
been SO widely heraided motor enthusi-
asts are eager to see it.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
think Of Allied OIL as an investments
n n n

Answer-There does not appear to
be much probability Of dividend on
do much better than recently. We can.
not advise you regarding the advisable
ity of selling or holding, however. AL
lied Oil Corporation, paying IL per
cent. certainly gives an attractive yield.
But most producing oil companies are
speculative, rather than investments.
However. the president Of the company
stated September Is that the net earn.
ings from oil production on the present
basis Of production are over S4;OOO,0oO
q year. or equal to 200 per cent on the
$4,000 stock outstanding.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
C. w. w.
Transfer Of Stock

Question-Will you give me some IN
formation about Texas Producers and
Rehncrs that was put on the market
for while, but has since been with
drawn? When buying stock through a
reliable firm of brokers, is the stock
transferred to you or do you have to
get it transferred after they have de-
livcred the stock to you u. P. S.
Answer-TcXas Producers and Rein
ers was treated in this column re-
Gently. If you wish to have stock
placed in your name, you should in.
form the broker of your wishes. and he
will have it done for you, using the
transfer stamps on the sale made t.
you.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16

Question--The w. L. Douglas Shoe
Company. of Brockton, Mass, is adver-
tising a S3,O00,0OO issue of per cent
stock. Can that be considered ..bso-
lutely safe for the small investor? If
so, Why does it pay per cent? AS |
think Of purchasing some of this stock
will greatly appreciate the information
requested .-H. w. II.
Answer-The W. l.. Douglas Shoe
Company has a long dividend record
The preferred stock appears to be a
good investment. The reason why il
Yields 7 per cent is probably because
there is 4 small issue and it is not
listed. We know of no other reason.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
A Recommended

I have been advised to buy curb stocks
as follows: Hupp Motors, $l3%; Has
brouck Divide, l3 cents Gold Zone,
IS cents; Rex Silver, Is cents; United
States Ship, ST. Kindly advise me-
NJ NJ
Answcr-If you would really invest
your $500, as you state, why not pur-
chase some good preferred stock, like
United States Steel, Standard Oil Of
New Jersey, United States Rubber. or
Central Leather? All the>stocks you
mention are speculative.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
A Bird In the Hand

Question: recently bought 400
shares Of Anglo-American OIL at $25 a
share. AS | bought this stock merely
for speculation and do not intend
to keep it long. I would like to know
if there Is a chance of this stock reach
ing to $40 share in the very near
futurc.--J. l.. S.
Answer-lf you purchased your Anglo
Oil for speculative purposes only. you
appear to have handsome profit at
present. We cannot attempt to fore
cast prices Of stock
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Four Good Investments

Question--What investment can you
suggest in bonds or preferred stocks
producing a liberal yield and fair secu-
rty-for $500 amount? Is Cities
Service preferred good investment .
B. w. II.
Answer--Cities Service is a good in
vestment. We suggest American Wool
en- preferred, Central Leather preferred
and United States Rubber FIRST pre-
ferred.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
A Speculation

Question: am interested in Perfec-
ton Tire and Rubber. Will you kindly
answer through your column if this
could be considered a good invest
ment &C. G.
Answer-Perfection Tire is not an
investment at all. 1t is just a specula-
ton. We cannot pass an opinion on its
merits as a speculation, but do not be-
lieve you should buy it in the belief
that you are investing.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Where Money Shortage Pinches

Question-Two years ago | opened
an account with a Stock Exchange
broker At first he charged me s per
cent on my monthly debit balances, but
has gradually raised. until now he
charges IN per cent. Has he a right
to charge more than 6 per cent III.
D. Y.
Answer-Your broker has a right to
charge you more than per cent on
debit balances. He probably Is not
getting much the best of it.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Royal Dutch


Question: desire your opinion on
Royal Dutch New York shares as a
speculative investment. What dividend
does the stock pay and where is it pay
able? Is the dividend considered safe ?
Do you consider the dividends on Ohio
Cities Gas and United States Food Prod
ucts fairly safe w. X II.
Answer-Koyal Dutch is an oil COM
pany with properties in many sections
of the world. 1t is well managed and
has long dividend record. Like most
producing oil com anes, however, it ii,
speculative, although, according to
earnings reports, the company is APP
parently well able TO maintain present
dividends. The dividends now are about
$3.50 per annum share, payable here.
Dividends on Ohio Gas and United
States Food Products appear safe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
a Movie Speculation

Question-Kindly give me whatever
information you have regarding the
stock Of the Motion Picture Producing
Company of America offered to the
pubic at 81 per share. Do you think
it good stock as an Investment that
is safe with a chance of making a
reasonable profit on an investment p
p. S. j.
Answer--Unti this company has
operated under the new Capitalization
for longer period the stock must be
considered a speculation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Better Days Ahead

Question: am in possession OF
twenty-five shares Of Wabash pre-
ferred and purchased at Sc. Would
you recommend selling at the market
and rcinvesting In something else ?-H.
II. M.
Answer-We believe that Wabash
Railroad will see better days before
very long.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Wanted--A Partial Payment Broker

Queston--Ccn you recommend re-
liable broker, preferably member of
the New York Stock Exchange, who
makes practice of accepting accounts
Answer-We cannot single out brok-
erage houses for such recommendation
There are many good ones which
handle partial payment accounts. Write
to any New York Stock Exchange house
advertising in The Tribune.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Not Recommended

Question-The writer has been Of
fered stock in the Midwest Trust and
Savings Bank of st. Paul, Mimi. The
representative states it is regular
trust company and member of the Fed
eral Reserve. Stock offered at SIS par
$40 and SIS for surplus and on easy
payments. This was so exceptional
that wish TO make sure relative to
the matter.-L. NJ. B.
Answer-We cannot recommend the
stock of this company as a wise in
yestment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
American Zinc and Allied oil

Question: am holding some Ameri-
can Zinc common. Is there a possibil-
ity of their paying a dividend? If not,
slight loss or holding it? What do you
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Broader Road Policy Needed

Concentration of government funds
on roads of national importance and
adequate provisions for their main
tenance is development which IS
sorely needed in the Western country.
according to T. J. Ehrhart. State High.
way Commissioner of Colorado.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
speculations and an Investment

Question-Do you consider the fol-
lowing safe investments. or are they
speculative? Federal Adding Machine
Company, Keystone Finance Company,
S. w. Straus & Co.. mortgages guaran-
teed on 6 per cent bonds.-C. L. j.
Answer-The first two speculative,
the last an investment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
To Disguised Speculator

Question: am disguised with specu-
latIon after what has happened this
week want to take what remains Of
my surplus fund and put it where |
can get it back when | want it, without
meanwhile losing sleep. l don't care
what the yield is, within reason. What
| want to buy is peace Of mind and
safety. What shall it be?-J. C. H.
Answer--You have plenty of COM
pany this week Doesn't it seem to you
that in describing the security you
want you have almost described Liberty
bonds? Why not buy some? The yield
is small, but the safety is beyond ques-
ton. We might, however. make another
suggestion, if you would buy the secur-
ity, put ii away and forget fluctuations.
You might lose a little in stability. but
YOU would gain in yield If you were
to buy, say, United States Steel pre-
ferred stock. 1t is safe enough, in our
Judgment, for any reasonable man. We
might name other preferred stocks and
bonds equally meritorious, and will be
glad to do so if you 80 desire.
Helping the Doctor
Question: am a man Of independent
income flom my business, and what
follows relates to investment of nv
surplus. / have 100000 at the moment,
and it is my intention to put it in two
no more-good railroad stocks. |
realize that there is an element of risk
! don't care in the least what they do
except over very long period If
there is rease nable assurance OF a
steady income, with a good chance of
appreciation in, say, five years, it will
not disturb me to see prices go lower
meanwhile. Now, name the two rail
roads the stocks of which l ought to
buy in the circumstances, and will buy
them.-The Doctor.
Answer-Buy Reading and Southern
Pacific, because both are good rail.
roads, and the first has coal properties
that one day may make the stock worth
much more. and the other has land
grants-if the Supreme Court let's /,
keep them--that may eventually pour
wealth into its treasury, for some oil
laid with oil, and their value is great
anyway. But don't blame US if the
price goes against you for a time.
For a Widow
Cues tion--I have to invest a few
thousand dollars for widow. want
the highest rate of interest compatible
with the highest form of security; Sc
curity being more important than the
interest rate. will you give me list
of securities complying with these re-
qui,ements, both stocks and bonds p
A. r. c..
Answer-Safe Investments for your
purposes would be found among the
following: Chesapeake & Ohio consol.
dated per cent 1889. yielding about
5.45 per cent; United States Steel sink
ing fund S per cent 1865, yielding
5 per cent; Atchison, Topeka & Santa
re adjustment per cent 1895, yield
ing SIS per cent; New York Central
refunding 1913 1897, yielding per
cent; Republic Iron and Steel first S
per cent 1910. yielding 5.45 per cent
United States Rubber first and refund
ing per cent l947, yielding $50 per
cent. These are all good, seasoned
bonds of successful corporations, and
while you could secure a greater yield
by buying preferred stocks we believe
any of these securities mentioned
should fill the bill.
Too Speculative for Wage Garner
Question-What do you think Of a
hn,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Penn-Mex Fuel

Question-Please give me Informal
ton through your columns as to Penn
Mexican Fuel Company and its earn
ings. etc.. M. B.
Answer-This company. a Standard
Oil subsidiary, is one of tho largest
shippers of oil from Mexico. Ffty-one
per cent of the stock is owned by the
South Pennsylvania Oil Company Cap
ital is S10,000.000. par SIS. No dvi-
dends as yet. We have no recent state
ment of earnings,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16

The u throw of Information a is at md h n
$ o general inter- b d in o
be db ymHA all queis,u du shn1n,adh epe
The Trbue5 NawauSne NuY City,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
the globe. Tho company Is we'll man.

the globe. Tho company IL we'll man.
aged and has a long dividend record.
The stock, however, Is speculative, al
though present dividends $3.50 shared
appear to be safe enough. Texas &
Pacific Railway. a road In receivership,
has benefited greatly by the oil boom
in Texas. Its gross business is very
large, and In all probability it will not
remain long in receivers hands. We
have not been able to ascertain just
how successful the road has been in its
own oil ventures, but reports are cur
rent that some large wells are soon to
be brought In. The stock is a specula-
ton.
G.. w. w.
Question-Do you know any reason
for the setback in CASTOR, Williams &
Wigmore? What is the business pros
pect of this corporation "A. II.
Answer The company recently
passed it's dividend. 1t is said that the
prospects are good. but they have said
that since organization. TIL company S
prosperity depends on foreign trade.
The outlook for American export busl-
ness In the near future is none too en-
couraging.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16

Alcohol. perhaps Chandler Motors, on
q partial payment plan? On what
would you counsel as Investment of one
who could lay by about $50 monthly
and start out with payment of $1,000
or $500? l have 10 Island Creek,
bought at 81 a year ago. am much
tempted to sell to renvest in some
thing paying a better interest. have
an order in to sell at so and am think
ing of changing to sell at market
M. H.
Answer-The three stocks you men,
ton appear to be altogether too specu-
lative for a wage Garner. High yield
ing securities are very attractive, to
be sure; but the higher the yield,
usually, the more speculative arc they.
There probably is a desire on the
part of most of us to take a chance
it's exciting and frequently successful.
But 1t seems to us that if you purchase
seasoned Industrial preferred stock,
yielding from 6M to per cent you
will be wiser. We cannot tell much
about the future price Of Island Creek,
but it is probably speculative and will
undoubtedly huctuate far more than
the preferred stock we suggest. Watch
this column for a list of such stocks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16

Too Speculative for Wage Garner
Question-What do you think of q
wage Garner buying American Car
Foundry and United States Industrial
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-11-16
Patriotism and Investment

Question-Will you explain why
United States Liberty bonds have gone
down while British government bonds
increased in value? For instance. I
hold Liberty bonds, bought at 100, now
quoted at 95, and also Anglo French
bonds, bought at 95la and now over o.
In view of this, and setting aside
patriotic motives, would it not be a
better business proposition to invest
in the new British government bonds
5h per cent at %, than to hold out for
any issues the United States may put
out in the immediate future &C. A. T.
Answer-Liberty bonds were sold to
the people at 100, while the previous
issue was selling in the open market
for 95. Nest people knew at the time
that the issue was being offered at too
high price. but patriotism came to
the rescue and no one thought of regis
tcring complaint. But you cannot
find a better security the world over
Anglo French bonds would naturally
rise in price because they are APP
preaching maturity, not because they
are better. or as good as Liberties. How
ever, matters have changed consider
ably since then. Great Britain owes
us so much money her exchange Is way
below parity and we should help her
out to our utmost. Purchase of the
new United Kingdom bonds appears to
be wise move, and we think, as a mat
ter OF fact, it is a patriotic move, as
well as sound investment.