davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Seaboard Air Line Bonds

yoSr op5nion reEaTding ssaboard, Ar Ilne
twenty.five Years hence- interest at 6 ner
cent. We understand that these bonds
are selling around 50.-E. F.
Enswer-The bonds to which you
refer are probably the Seaboard Air
Line Railway first and consolidated G
per cent, series A, due September l.,
1945. There are outstanding s27,273,-
500. while the authorized issue is
S300,o00,00o There are 1884 900
pledged under the 6 per cent notes.
100000 pledged for loans, $72,779, 900
reserved for prior liens and s194 ,333,
600 reserved for improvements. The
miles Of road by deposit of $36,661 900
refunding per cent, 1859, and by de-
post of some s1,S50,000 par value of
stocks Of subsidiary roads. There are
$49,4S2,000 of liens prior to the refund
ing bonds deposited under this mort
gage. No more of these prior liens
may be issued unless they are pledged
hereunder, and sufficient of these bonds
are reserved to retire them at maturity.
The bonds were first offered in Decem-
Der, 1915, at 99l2. When the syndicate
agreement expired bonds were thrown
on the market. regardless of price, as
IHe coHulttOn OF lne investment market
was such at the time that buying power
was at low ebb. We do not regard
the bond as high grade by any means,
although atpresent prices it appears to
have speculative investment features
worthy of considerations The Seaboard
has been a rather poor Garner of late
Under the new Legislation the road
should be better, thus giving assurance
of interest payments upon the entire
bonded debt of the road.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
The Pennsylvania Tax

Question-What is your opinion of the
Hershey Chocolate Corporation ~ per
cent bonds as investment? Which do
you consider safer Hershey bonds Bel
GUM L per cent twenty -ive-year external
bonds? Some industrial companies re-
on their bonds Connecticut has such
tax, and suppose other states do. Why
do they not refund the tax in states other
than Pennsylvania IT NJ.
Answer-The Hershey Chocolate Cor
poration shows good earning power. 1t
appears to be substantial concern,
and for that reason we believe the
bonds to be a very fair investment. The
Belgian loan, in which there is bet
ter market, offers an opportunity to
acquire an investment in a nation
which appears to have the moral sup
port as well as the financial support of
most of the powers. Belgium is com
ing back strong. Her people are ener-
getic and thrifty. While there is al
ways chance of political complica-
tions arising in nation. nevertheless
we Believe it to be remote in this case.
We are inclined to favor the Belgium
bonds. The bonds of many industrial
corporations and some railroad com
panies embody the feature of refund
ing the four-mill tax in Pennsylvania
because the companies of issue desire
to make the bonds as attractive as
possible. Pennsylvania is one of the
greatest fields for investment IN this
country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Reports to Stock Exchange

American Brake Shoe and Foundry
Company for the quarter ended March
II, 1920 as reported to the New York
Stock Exchange, shows net income
after taxes and charges of s624,396,
equivalent, after per cent dividends
on common stock. to S1104 a share
earned on the s4,93s, 200 preferred
sock, which was entitled to all profits
above per cent on the common.
Bush Terminal Company,in its state
Ment 10 the New FORK Stock Exchange
Tor four months ended April 80, 1920
reports surplus after Federal taxes and
charges Of S288,154, equivalent, after
allowing for preferred dividends, to
1888 q share earned on the S6,242 ,956
common stock
Nashville, Chattanooga & San Louis
Railways statement for the four
months ended April 80, 1920, as sub
mitted to the New York Stock Ex-
eaange, shows net income, after
charges and taxes, of $523,533. equiv
sient to 1927 share earned on the
slo,0Oe,O00 capital stock
American Bosch Magnetic Corpora
elon, IN It's statement to the New York
olocH Exchange for the five months
ended May 81, reports net profit, after
charges and Federal taxes, of STOP, 1868
etSlnlvaient to S8.Ts a share earned on
the $4,000 outstanding shares of stock
Of no par value
Statement of Times Square Auto
supply Company for the six months
ended June 80, 1920, as filed with the
New York Stock Exchange, shows net
gFoht, after expenses and Federal
laxes, of s311,142, equivalent, after
preferred dividends, to S154 a share
earned on the 179,780 shares of com
mon stock Of no par value
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Morgan Representatives
On General Motors Board
Firm Recently Bought
Interest in Automotive
Concern

{. r. Stettinius, of ]. P. Morgan &
Co.; George F. Baker jr., vice-presi
zen; Of the First National Bank; Sew
ard Prosser, president of the Bankers
Trust Company; William H. Woodin,
resident of the American Car and
Foundry Company; Owen D. Young,
'ice-president of the General Electric
Company, and c. NJ. Wooley. were
elected yesterday directors of the Gen
sral Motors Corpora ton. Mr.. Stetti-
aius, Mr. Prosser and Mr.. Baker were
made membes of the finance COM
mittee
These elections followed the en-
trance Of the Morgan firm and associ-
ates into General Motors in q banking
way. Of the recent offering of 3,219.-
SO new common shares 1.419 1856
.hares were underwritten by Morgan &
60. The offering price to shareholders
vas $50 share. and it was announced
this week that approximately 90 per
cent Of the issue had been subscribed
British interests allied with the du
Points agreed 10 take 1900 900 shares
u the new stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Gives Salary Bonus
Irving National Compensates
for High Cost of Living

Extra compensation amounting to
391z per cent of their salaries was paid
by the Irving National Bank to ali it's
employees yesterday to equalize the
high costs of living during the quarter
which ended June 80 This payment
makes the average extra compensation
of the Irving staff for the last twelve
months 377s per cent.
The Irving extra compensation plan
is designed to Offset for the banks
employees the advanced cost of necessi-
ties. 1t is determined by the price
levels of staple commodities, Brad
streets monthly Index Number sup
plying the basis, Of computation. To-
days payment indicates a slight re-
cession in prices from the first quar-
ter of the year, when the extra com
pensation was 40A per cent of the
salaries. 1t is still above the figures
for the latter part of 1919. when the
payments were 341a per cent in the
third quarter and SsA per cent in the
fourth
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Prices Continue
10 Slide on Curb
In Quiet Trading
Several Favorite Issues
Hold Advances, However,
as Professionals Take
Control of the Market

interest in trading on the curb mar
ket continued to wane yesterday and
prices were slightly easier except in
lie" instances where demand continued
strong. The professional character of
Inc market was again noticeable, as
outsiders tailed to take an interest.
Except for the few popular issues
which have been fairly active recently,
demand for stocks was on the down
grade and prices followed the trend
lower Fluctuations were narrow, how
ever and traders were not alarmed
With quotations in most cases an
preaching the level from which the re-
cent rise started, it was believed that
steadying influence is at hand and
that more dull sessions are in prospect
unless news developments of bullish
character appear. SO lone as tight
money is IN evidence it is felt that no
appreciable advance can be sustained.
National City Bank rights and sew
eral OF the Independent oils, such as
fens'and and National Oil of New Jer
; sey' attracted attention for a time.
lN pank rights were in strong demand
most OF OF the day and moved up points
from the opening quotation of Sc, clos
ing at the top with 80 recorded as the
last sale, The sharp recovery from
the droD. to IS of the previous day was
not entirely unexpected Others of
Ine lnuustrlal group were almost en-
tlrely neglected Etna Explosives was
fractlonally lower than the hich of the
Day before, but closed steady we'll above
~. General Asphalt moved within a
marrow rance and showed net decline
Of nearly points on the final sale
United Retail Candy, United sta a,e
Steamship and the tobacco issues were
quiet
National Oil of New Jersey was
active for time on the report that a
subsidiary had completed four wells
on Its Mexican property. Other devel-
topments were in prospect, it was said
The stock showed small net loss for
the day. Fensland Oil was again higher.
and 1T was announced that a special
meeting of stockholders would be held
here July 80 to vote upon the PROPOSE
ton Of increasing the number of shares
authorized from 100000 to 225 900 and
to consider ratification of contract
fer the acquisition of certain oil and
gas leases and royalty interests in
Texas. Oklahoma and Indiana.
Carib Syndicate broke into new low
ground under pressure and showed a
net loss of more. than point on the
closing sale of 15A. Maracaibo Oil,
Merritt and Midwest Refining were
slightly easier, as was Simms Petro-
leum, but Salt Greek was in fairly
good demand and moved up to within
a small fraction OF 81.
Mining shares were quiet and fuc-
tuatlons were narrow.
Bonds were triae stronger. but the
volume of trading was small
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
American Buyers Unite
Stores Form Company to Shop
Abroad in RuIk

PARIS, June ga new plan for
nuylng abroad for American depart
lneht STORES mas Just begun operations
here on a large scale.
department stores in Los Angeles
Minneapolis, San Francisco. Boston
Pittsburgh, Detroit, Toledo, Dallas. St'
Louis, Cleveland and Sacramento have
formed buying company for doing
foreign shopping in bulk.
The design OF the company is to deal
directly with manufacturers and to cut
out al the commissions and charges OF
Intermediates. -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Worthington Pump and Machinery

Question-Kindly advise the nature
OF the charges that have been brought
against the Worthngton Pump and Ma
chinery Corporation by the Internal Reve-
nue. Bureau, the present status of the mat
ter, and whether YOU think same will have
any material influence in determining the
price of the stock. Also, let me have
YOUR opinion TO Pierce Arrow and Stu
dehaker and whether Repogle Steel is in
lire for 100 in the bull market which at
present appears to be materialzing.-
a. c. P.
Answcr--It was stated in June that
the Internal Revenue DEPARTMENT had
served notice upon the Worthington
Pump and Machinery Company, giving
it from thirty to forty-fve days in
which to reply to the claim for taxes
submitted by the department against
earnings for 1916, 1917 and 1918. The
aggregate asked by the government is
largely in excess Of the returns made
for those years, but in the claim filed
with the company the Federal authori-
ties said the figures were tentative.
The company had stated that it has
ample reserve to cover any additional
taxes. We do not think the affair will
have any serious effect upon the com
panv. Pierce Arrow, Studebaker ard
Replogle are very speculative, moving
as rule with the general list. We do
not attempt to advise upon speculation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Ratify Steel Merger Plan

halifax, N. s., July 15.-Share-
holders Of the Dominion Steel Cor
p0ration at special meeting here to-
Gay ratified proposals to merge their
company in the s50o,oo0,Ooo British
empire Steel Corporation. The Nova
scotia Steel and Iron Company has al
ready entered the British corporation,
y was announced. and the Canadian
steamship lines will soon vote on the
merger proposal.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
No Reason for a Change

=, Question: am the owner of 1000
Chesapeake e. OHIO convertible 5 per cent
bonds OF 1916. Would you advise change
into Pacific Gas and Electric per cent
bond of i94a? Are the Pacific Gas and
Eiectric s per cent bonds well secured
Are there any prior liens p. McC.
Answer-While the Chesapeake G.
Ohio convertible per cent bonds are
not very we'll secured, the road is
good one, and under the new railroad
act should show greatly improved earn
lngs. The convertible privilege is not
at present particularly attractive, yet
in the event OF substantial rise in the
stock the bonds may enjoy rise; also
Pacific Gas and Electric per cent
1912 are good bonds. The company
operates successfully, showing bond
are s45,S3S, 300 of prior liens for the
retirement of which provision is made
in this mortgage. We see no reason
for you to make the change, however.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Polachek Quits "Sun"

Announcement was made yesterday
of the resignation of Victor H. Pola-
chek, publisher of The Sun and New
York Herald" to take effect August i.
He will enter the newsprint manufac-
turing field, associated with a project
for the manufacture of pulp suIphite
and newsprint paper. This develop
ment, he said yesterday, he is COM
WINGED will go long way toward re-
lieving the famine IN newsprint supply.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
In Uestment
Information

Questions Of general interest to
Investors aoill DO answered in this
column, in which case only initials
wiil be used. Others ,uiit be ar
stDered by mail. Address all IN
qutries, Enclosing stamped, ad-
dressed envelope, to Financial Editor,
The Tribune, 154 Nassau Street, Neto
York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Paris Market Easy

PARIS, July 15.-Prices were easy
ON the Bourse to-day. Three per cent
rentes, b8 francs 20 confines; exchange
on London, DC francs IS confines;
per cent loan, So francs so confines.
The dollar was quoted at - francs
centimes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Woman Picks Speculative Issues

Question: have about 5000 to invest
anu ask what you think of the following:
Great Northern Railway Company. Cen
eral Meters Toncpah Divide. Bethlehem
Steel, United States steel. am thinking
OF buying on margin. say one-half down,
and later pay for the stocks in full. In
this way can buy stocks worth $4oo now
while they are low.--Miss A. c. l..
Answer-If you purchase the stocks
you mention you will be entering the
speculative field, for all are stocks
which are very sensitive to earning
power. We do not recommend such
issues for investments. Dividends
change, as a rule, according to earn
lngs, SO that the purchaser never can
feel sure as to the amount of his in
come. If you care to speculate, per-
hape the stocks would offer as good an
opportunity as any, but we make no at
tempt to advise upon speculation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16

On dark nights white light can be
seen further than any other. but on
light nights red takes the first place.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
Equipment Notes and Libertvs

Question: have invested in equipment
notes $1,000 in Canadian Pacific. due 1924,
Weld 80; 81: 900 New York Central, due
1920. 6s, yield SIS 1000 Western Flee
trio, due 1925, as yield 40, and have ST. =
200 left. Are the above mentioned as safe
as Liberty bonds, and would you advise
that l buy $1,000 Liberty bonds with what
money l have left, should | cell all the
above and invest ali in Libertys even
though the yield is smaller, for safety
sa he r. NJ McC
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16

good ones, in our opinion. We see no
reason why you should change your in
vestment. There is nothing better than
obligations of the United States nor
have they sold at such low prices in
generations. We believe you would do
figures. Some day, we think, you will
be glad you have done $50.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16

I'UVV -. So p
Great Nor AIS
5000. ~
Hook Val AVS
5000. ..... 81
aud ID NJ rig 5s
Il. 900. e. 561a
do inc IS
5000. 1871
Ill Cent rig IS
1000. 70
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-07-16
German Internal Bonds
Quoted in dollars per 4 600 u,ar1.,

unlisted. tsells cents per share.
The Cordova daily times., 1920-06-15
NOTICE TO PIANO OWNERS

The system of tuning pianos cannot be learned through any correspond ence school It is highly specialized work, notwithstanding the fact some people thing there is nothing much to it. There is not any short cut to &C., quiring a thorough knowledge of the technical construction of the modern piano.
 If you wish services that twenty-five years of practical and theoretical knowledge can give you, better have Anderson attend to your piano, both for the good of your pocketbook and your piano. Tn town yet for a few days. Phone Windsor hotel.
 P. S.-Agent for Kohler and Camp bell pianos. Pianos for sale and rent.
The Cordova daily times., 1920-06-15
SCENIC RAILROAD OF
 COLORADO Is LINKED

DENVER. Colo, June IS (by Asso- ciated Press) ).-Another of the fam Ous scenic railroads of this state, the Denver, Boulder and Western, known as the Switzerland Trail of Ameri- ca," has run it's last train.
 The rails are being torn up, and already the rolling stock is scattered from junk piles here to Japan. One of the tenders of the narrow gauge locomotives fell off flat car and was lost on it's way to Alaska.
 A saw mill company in California bought seven miles of the traekage Fifty tons of the rails have been sold to another railroad and are being shipped to Kobe, Japan. Six of the engines have been sold to a railroad in Mexico
 At times the salvage crews have had to dig through 12 to 15 feet of snow to reach the roadbed. It is ex- pected to have the work completed by next September.
The Cordova daily times., 1920-06-15
AMERICANS ON
 WAY ZIONIST.
 CONFERENCE

NEW YORK, June 15 (by Associated Press) The first group of American delegates to the international Zionist conference which convenes in London the steamer Lapland. In all there will be thirty-nine American delegates to this conference, considered by Amer ican Zionists a most momentous gath ering. The others will leave for Eng land next Saturday.
 In the party on the Lapland are Jus tice Louis D. Brandeis, of the United States supreme court, honorary presi- dent of the Zionist Organization of America; Judge Julian w. Mack, of the United States district court, pres ident of the organization; Nathan Straus, Mrs. Mary Fels, Jacob de Haas, Zionist executive secretary; Louis Lipsky, organization secretary; Professor Felix Frankfurter, of Har- yard; Captain Abraham Tulin and David Rosenbloom.
 The first world Zionist conference held in six years, since the outbreak of the war, the forthcoming c0nven- tior is considered of importance be- cause it will deal with the practical problem of the establishment of the Jewish national homeland. Delegates will attend from every country in Flu rope, Palentine, Argentine, Australia, Canada and New Zealand.
 In announcing the meeting, the Zion ist Organization of America says: Millions of Jews throughout the coun- tries of Eastern Europe, waiting for the opportunity to leave for Palestine, will watch the proceedings of the con- ference with intense interest, for the manner and time of emigration will be one of the chief topics discussed at the conference"
The Cordova daily times., 1920-06-15
ANOTHER PRIMARY ELECTION BE HELD IN
 MONTANA IN AUGUST

HELENA, Mont, June 15 (by As sociated Press) The candidate are already about with their petitions for the primary election of August 24, when the citizens of Montana will go to the polls to nominate, in at least two parties, candidates for gov ernor, secretary of state, treasurer, auditor, railroad commissioner, attor- ney general superintendent of public instruction, three associate justices of the supreme court, two representa- tives, as we'll as many district judges of the state courts.
 No United States senator is to be elected this year. Two years hence the term of Senator Henry l.. Myers will expire.
 Congressman Carl Riddick, Repub- lican, second district, and John M. Evans, Democrat, first district, are candidates for reelection.
 The candidates for all offices, from township and county places up, are expected to number about 4,0OO. It is expected that at least 20 questions will be submitted to the people, in- cluding several propositions for bond issues totalling many millions of dol dolls
The Cordova daily times., 1920-06-15
LEGAL ADVERTISEMENTS
SUM MONS

In the District Court of the Territory of Alaska, Third Division.-lami Endo Nakamura, plaintiff, vs Hideo Nakamura, defendant. No. S-199. The President of the United States of America, greeting: To Hideo Naka- mura, the above named defendant
 You are hereby required to appear in the District Court for the Territory of Alaska, Third Division. within thirty days after the completion of the publication of this summons, to-wit, within thirty days after the Ed day of July, 1920 and answer the com plaint of Tami Endo Nakamura, the above named plaintiff, in the above entitled cause, which cause is an ac- tiOn for divorce in one of the cases prescribed by law wherein the plain tiff prays for a decree dissolving the bonds of matrimony between herself and you, and for such other and fur ther relief as to the court may seem right and proper in the premises. And ! you are hereby notified that if you fail to appear and answer said com plaint as herein required, the said plaintiff will take judgment against you TOT want tnere0f, ana Will apply to the court for the relief demanded in her complaint, as hereinbefore set out.
 The order for the publication of this summons was duly made and entered on the 18th day of May, 1920.
 Witness the Honorable Fred M. Brown, Judge of said Court, and the seal thereof, this 18th day of May, 1920, in the year of our Independence the one hundred and forty-fourth.
 ARTHUR LANG, Clerk District Court, Third Division, Territory of Alaska.
 By c. H. WILCOX, Deputy.
 Edward F, Medley, Cordova, Alaska, Attorney for the Plaintiff.
 First publication May 21, 1920.
 Last publication July 2, 1920.
The Cordova daily times., 1920-06-15

Mosquito, Head and Bed Nets at Kennedy's. 13-tf
The Cordova daily times., 1920-06-15

Restaurant for sale See Dooley
The evening Caledonian. [volume] (St. Johnsbury, Vt.) 1918-1920, 1920-06-09
Woodbury. Granite Co.
Gets Big Contract

The Woodbury. Granite Company
OF Hardwick has received now che
contract for furnishing the material
for the new American Telephone and
Telegraph Company building at
Broadway and Fulton streets, New
York city.
The material will be qualri2d ut
Bethel. Twenty thousand IONS, repre-
senting 100000 cubic feet, will be re-
quircd. The price is approximately
$2,000,000.
This is The second largest granite
contract eve" placed in New England
the Gtst having been for The Wiscon-
sin State Capitol completed four
years ago.
Work will be begun within 10 days
at both quarries and cutting shops
which have been idle during The last
Two years, The granite business hay
ing been affected by the war.
The evening Caledonian. [volume] (St. Johnsbury, Vt.) 1918-1920, 1920-06-09
Smith have commenced work on their

Smith have commenced work on their
garage on the Did hotel site.
The Village Improvement society
have secured permission from the VII
lage trustees to move the granite
water tub in front of D. J. Lunnie S
store, which was presented by the
late L. S. Richards, to a place where
water could be procured for it. Tire
location decided upon it west Of
Union Block near Dr. Z, T. Johnson $
residence, the tub was moved Satur-
dav and viii be set in the near future.
This is a fine tub but has been with
cut water supply for several years.
Residents and travelc.a will be graf
ifed at the charge
Nj. and Mrs. a. }. Lyon Left Fri
day to visi, relatives in Methcun,
Mass.
Nj. and Mrs. Clarence Joslin and
NJ. and Mrs. George Hastings were
i S. 25io./ end He, @n'r-'c one