davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-04-09
Midvale Steel

Question-Do you think MidvaIs Steel COM
mon is a safe buy II. G. B.
Answer-Midvale Steel and Ordnance
stock is all Of one class. the par value
being $50. At the present time there
is about $1oO,ooo,ooo outstanding; total
authorization Is s15o,ooo 900. Back in
1915, when the stock was on the Curb,
1t sold as high as 98h. In 1917, after
being listed on tho New York Stock Ex-
change, it sold as low at S93a. Last
year the range was from 4oA in Febru-
ary to 62A in July, back to around 80
IN December. Furthermore, a year ago
this month, when the outlook for t6e
steel Industry became rather dubious.
the directors reduced the quarterly
dividend from $1.5O, which had been
paid regularly since 1917, to 81 a share,
IN order to conserve cash resources,
Earnings for 1919, after al charges and
Federal taxes, were equivalent to about
$o29 share, compared with S14.e0
earned in 1918. From the foregoing il
can be seen readily that the stock is
lacking in stability both in respect to
dlvldends and market value Obvious
~. stockholders who bought when the
price was in the CO.'S do not feel the
same sense Of security in their invest
ment as those who bought around 40.
New-York tribune., 1920-04-09
National CITY Bank Stock

Question: have been advised to inves,
some $4,000 in National City Bank New
York) stock. which is selling now at about
395 per share. Do YOU consider this a good
investment? There rumor or Il
stock dividend in the near futurc.-G. NJ.
Answer The National City Bank o'
New York is very successful institu-
ton. 1t has a capital Of $4,000, 900, +
surplus OF $55,Sl5,00o and deposits OF
$40, 5s3, 100 It's book value. not in
cluding the National City Company
was 1923 a share on December 81, 1919
1t pays 10 per cent, besides per cent
on the National City stock, to which
the stockholders of the bank are en-
titled. The surplus is large enough tf
warrant declaration Of stock dividend
although we have no definite informs
tion that this will be done. Tho yield
at present prices is small, yet the
stock is entitled to a high ting, il
our OpiniOn.
New-York tribune., 1920-04-09
Reports on Earnings Lacking

QueSt1On--Wlll you Kinuly AuVlSe me d5 W
Ryan Petroleum and Boston Wyoming OIL p?
Do these stocks offer a good opportunity for
specua ton at present quotations? Also. do
they pay dividends? I considering buy
ing Ray Copper MS speclatlon Wiil you
please give me your opinion regarding such
a move? Would Anaconda or Inspiration
Copper be better buys? Are they more solid
financially and have they been better earners
than Ray Copper? Arc Pennsylvania Rail
road and New York Telephone stocks good
buys Mt the present market? | should also
appreciate your advice regarding Southern
California Edison bouds an invcstnicnt-
d. W.
Answcr-Any information we could
give you regarding Ryan Petroleum
and Boston Wyoming OIL would be OF
little help so far as speculatlng III
these issues is concerned. There have
been no earnings statements published
for some time. The former was re-
ported to be producing about 800 bar
rels daily during 1919. We are in
formed that this production has fallen
off so far this year. The Boston
Wyoming Company is supposed to have
been in a position to benefit by the pas
sage Of the oil land leasing bill. Neither
paws dividends. Such stocks as these
are pure speculations Oil shares were
bid up sharply during the enthusiastic
markets of last year and many stocks
of this class probably sold for more
than their real value. There has been
greater demand for copper metal
lately, with the result that copper
shares have been stronger. This de-
mand has come largely from abroad. If
Europe is able to finance her purchases
in this market it seems likely that the
demand will be maintained for some
time. In this event. most of the repu-
table t. copper companies should benefit
Both Anaconda and Inspiration have
been better earners than Ray. Penn
svlvania stock is speculative, it's future
depending largely on what the company
viii be able to earn under the new
railroad act. No New York Telephone
stock is outstanding in the hands Of
the public. There arc several issues OF
bonds of the California Edison Com
nanv The companys earnings are
ample ample apparently to care for all Of
them and they arc entitled to good rat
ings.
New-York tribune., 1920-04-09
Winter Wheat Crop
Shows Big Decline
From Yield in 1919
Severe Weather, Hessian
Fly and the Unfavorable
Seeding Period Blamed
for the Poor Outlook

WASHINGTON, April ga severe
winter, the Hessian fly and an unfa-
vorable seeding period caused heavy
decline in the condition Of winter
wheat in the principal producing
states.
A Department Of Agriculture fore
cast to-day placed the crop Of o8S,617..
900 bushels, compared with 731 ,636, 900
bushels last year. The acreage planted
was not as great as the year before, but
larger crop than forecast was antici-
pated.
In tho principal producing states
Kansas, Illinois, Missouri, Indiana and
Ohio-the condition Of the crop April
1 ranged from SO to 73 per cent Of a
normal compared with q teu-year aver.
age range of from 70 to 90.
For this country as a whole, the con-
dition was 1855 per cent Of normal,
Compared with 90.S last Year and SAL
the average for the last ten years The
decline from last December was o.6
points.
In the great central winter wheat
belt the crop condition is very low
and considerable abandoned acreage
will be shown, according to reports
reaching officials here. The percentage
of acreage abandoned this year will be
reported by the government in May.
There were 3S,770,O00 acres down to
winter wheat last fall. compared with
42,361 900 acres in 1918 and an aver
age Of 32,300,000 acres for the last ten
years.
Production of rye was forecast at 49,
SAL coo bushels. Rye production last
year was S8,478,000 bushels and the
previous year 81 ,041 900 bushels. Condi.
tion of rye year ago was 908 per
cent Of normal, two years ago s5.8
and the ten-year average 49,
New-York tribune., 1920-04-09
Underlying B. r. r. Bonds

Question: own six $1,000 first mortgage
gold bonds % per cent? of the Nassau Elec-
trio Company. The interest he's not been
paid. | can dispose Of the bonds at n very
low figure. Would you advise me to do
this, or do you think they will soon return
to normal? Also. have Central Union Gas
bonds. Kindly give your opinion Of
these.-Miss r. M.
Answer-It would appear that the
low prices Of the Brooklyn Rapid Tran
sit underlying bonds had fairly we'll
discounted the situation in which that
system finds itself. 1t would seem
there is a good chance Of the company
working out Of its present difficulties
to the extent that holders Of Nassau
bonds and some other bondholders will
be better off than present prices would
indicate. The Central Union Gas bonds
are entitled to a very fair investment
rating, in our opinion.
New-York tribune., 1920-04-09
NiIes-Bement-POrd Stock

Question Kindly publish your opinion of
the prospects and management of the Niles
Bement-Pond Company and your judgment
of its common stock as p business mans In
Nestment-F. !. =.
Answer - The Niles Bement-P ond
Company enjoyed great prosperity dur
ing the val period. Since that time
earnings have fallen off somewhat, as
has been the case with many industrial
corporations which operated on war
orders Dividends as high as IL per
cent were paid on the stock. This rate
has now been reduced to 8 per cent.
The company is said to have good pros
poets and present earnings appear to
Justify current dividends. We regard
the stock as a fair business mans in
vestment provided he keeps in con-
stant touch with affairs of the company
and market conditions in general
New-York tribune., 1920-04-09
United Fuel Gas Declares
200 Per Cent Stock Dividend

Directors Of the United Fuel Ga.
Company yesterday voted to increase
the capital stock from s1o.ooo,ooo to
$50, 900 900, and declared a stock divi-
dend Of 200 per cent.
OF this stock dividend 81 per cent
goes to the Columbia Gas & Electric
Company and 80 per cent to the Ohio
Fuel Supply Company. The directors
a]so continued the old dividend rate on
The now capital by declaring n i per
cent cash payment for the quarter,
payable May 10.
New-York tribune., 1920-04-09
Sugar and Coffee
TOrrent Year
prices. ago.
Sugar, grsnulated, per Ii l5i2 01s'a

Sugar. ersnulated, per lbl5ia @1s's
Coffee. Rio No. Z. per lb. j5 = 1873 u le8.
Coffee. Santos No4, per ib 20 2e's g.
Sugar--Local rofiners paid t5isc cost
and freight Tor Cubas April shipment,
$4,000 bags Porto Ricos. April and May
shipment at 1880 c. /. +, and about 20
600 bags full duty sugars at 15i4c c. 4. T..
in variouS POSITIONS afloat. in port ana
April shipment. Much OF the strength in
the market is due to well known sugar
some instances indicating crop OF not
more than 100000 tons. when 100000
tons were expected. The demand for re-
fined sugar Is tnorlnous and refiners and
operators are constant buyers OF raws at
almost any price asked.
an advance of to points with little
better feeling around tho ring and senti-
Ment more or less Influenced by the
large decrease OF 5s5.743 bags in the
worlds visible for March. together with
the fact that stocks at Rio are working to
10 Europe. leaving stock of only $4,000
bags against $4,000 bags year ago. A
better demand existed in the local spot
market. although shippers found tt diff
cult to make delivery owing to the vari-
Gus railroad and harbor strikes, and tnts
prices worked 10 to IS points higher with
New Orleans and local trade commission
houses buying, but these gains were not
sustained. rather free offerings late in the
day causing sharp reaction. much of the
advance being lost during the last few
minutes Of trading. final prices showing
net gains OF to points. Firm offers
from Brazil were few. but those here in
dicated an unchanged market.
The range OF prices follows:
New-York tribune., 1920-04-09
Outside Market
Yields as Traders
Sell for Profits
Simms Petroleum One of
the Weakest Features;
Island Oil Gets Another
Big Producer in Mexico

Stocks on the curb moved In rather
irregular fashion yesterday on active
,rading. The market started out
strongly. but encountered heavy profit
taking at the close.
Explanation for the current weak
ness in Simms Petroleum came yester
day in the form of an official announce
ment by the company stating that it
had been found advisable to discon
'inue the construction of its pipe line
from Homer to a point on the Missis
sippi. The stock fell to rs on the news.
Island Oil and Transport made little
response to the news of the bringing
In of a second large gusher in Mexico
The new we'll is estimated to have h
capacity Of $4,000 barrels day.
Other oil shares we're irregular. Al
lied Oil sold as high as 4S and as low
as -. Invincible Oil held around as.
The new Pennsylvania per Cent
bonds were traded in for the first time,
selling at 100 and 991a
New-York tribune., 1920-04-09
1s.of 4.54 I4.54 II. ~ q I )
Butter, Cheese and Eggs

Creamery: higher than eatTas: lb. 7Qae
90 to s fNseas sease 81 So sss ss qsts ps
scole. oa q CSC; seconds sa to s. score. 80
g sSc lower grades. o5 @ 5sc; held. extras,
unsaited, higher than extras. 72i. a l3c:
extras 7lM72c: iirsts, 6o p6ec. seconds
so a SIC: state dairy tubs. finest. 6e n 6sc,
"a q 5sc; renovated, extras. 55c. hrsts. 81
q sc; imitation creamery, hrsts. 4s 47c
ladies', current make. trsts, 43 @ 44c; sec
packing stock. current make. No. !. 10
gale No. 2, 3Sc; lower grades, 35 @37c.
Cheese-lseceipts were 2.27o boxes. State,
lt2Gisc; whites. 25is q 26c: average run,
colored. 24925c; white, 2iq 25c. lower
GRADES, lsg2ac; held fats. specials, ~ 3.
is 937c; Twins. held. specials. whites.
IS y o. s2shc; colored. 2s@soc: average
GRADES. ls@ s7o fresh h. as to . duality. 10 .o@
23o: Wisconsin, whole milk held twins.
% q csc; Single Daisies. held. 2s93l14 e
SuSs D'ss hea ss s9esn ssuHs s
State skins. nats and twins, held spec
ials. 1s@2oe; fresh specials. 17@l719c.
lo@l2c, lower grades. 4 G9c.
Eggs-Receipts were 59.Ss7 cases. Fresh
gathered. extras. dozen $3.50, storage
regular packed. extra tirsts, 44@ $50 frs,s.
Il u W43Hc: seconds. 30l, q SIC; dirties. No.
/. 3ec: No. and poorer. a7e3sc; checks
good to choice. dry. 36@36c; goose egg.
prime. ooc. duck eggs, Baltimore, o.
Western ard prime Southern. 60xsec
state. Pennsylvania and nearby < es,c n
hcnnery white. extras, SIC; hrsis to eItrs
tirsts. As q 5ic: gathered whites. first 10 OK
ira firsts +Su5lc. Western whites. under
grades 49, q 47c: Pacific Coast whites. ex-
tras, SIC. extra hrsts, 50G olc: frsts 4S ep
zoe. other Western and Southern gathered
whites 45er 49c; state. Pennsylvania and
nearby hennery browns. extras. 47n+Sc.
gathered brown, mixed colors, extras,
46 &c: tirsts to extra firsts. 42Is q 45c.
Livestock, Meats, Provisions
Yesterday Year ago
Live steers. fair
to prime, 100
lbs .....'.., sle.2 Gl%2s I4.sQsIs so
y d beef
sides. d.. .ls9 - .2l1 2s
Live Veals. com
mon TO prime
100 ibs.. -...,. ls.oca27co i&.ooG 20. 90
"a a
New-York tribune., 1920-04-09
A. & p. Sales Larger

Sales of tho Creas Atlantic and Pa
cihc Tea Company Hnc.) :or the twelve
months emo d February %, 1870. sggrc-
Ea led sl9s GAG slS. $i2, 1858 $50 gain
over the plece-;'hy twelve months
Stores OF lhe company in operation N.
the end of the year were numbered at
i,246 which compares with S,799 in
the yAar before.
New-York tribune., 1920-04-09
Investment
Information,

Questions Of general interest 70
tnvestors WiN Do answered In thls
column, in aUhich case only initials
WH De used. Others ,oill be ar
swered by mail. Address all in
gu'rss, anclosing stamped, ad-
dressed eApslope, to Financial Editor,
1he Tribune. 1s4 Nussou Street. Nev
York Citu.
New-York tribune., 1920-04-09
Co,ham Bank Increases Stock

At special meeting of stockholders
OF the Gothnm National Bank it was
voted to increase the capital stock
from $500 900 to sl,5oo 900 or the new
stock $500, 600 will be offered to the old
stockholders ut $40 n share. The re-
mining $500 .00o will be offered to tho
public at $40 ii rhhrc.
New-York tribune., 1920-04-09

city. lb..... 2o0 q, 2,1 %
Live ewes, 100
lbs. ....... qoOa614o On IN ooo,tton
Dressed mutton, . ''
city. lb b...... 200 .2s ,on "a
Live lambs. fair
to prime, 100
Dressed lambs . -" ~
city. b.. $50 81 ,.A "A
Hogs, 100 lbs a.. lS o0' $50 20 ~f.'s % n
Dressed hogs
:, bacon. ib- az q ga. 2s4s
NiSA 70 nb' ~. 8 q u sa.pO o. - j. $ . %
l. I'd, Middle 'V'' ''Nv
West 100 lbs fa7501oss so1,nso
New-York tribune., 1920-04-09

though certain amount Of support came
from cotton houses with Southern con-
nect!ons, which was thought TO reflect a
prices were IS to 40 points net lower and
total sales for the day were 24.70O barrels
Tho range OF prices follows:
New-York tribune., 1920-04-09
paris Market Steady

PARIS, April 3r-Priccs we're steady
on the Bourse to-day. Three per cent
rerteA So francs 30 centirnes, exchange
On ioudon, 81 francs - confines, 5
per cent loan, ~ francs ~ confines.
Tbc dDllar wag quoted at ~ ftangs ~
4uLinGa.
New-York tribune., 1920-04-09

Southern spot markets follow: New Or
leans steady. unchanged at SOC: sales
3S+3 bales Mobile steady, unchanKed al
4otoo: sales 100 bales savannah steady,
unchanged at 1850; sales 1853 bales
tharleston steady. unchanged at Ale 'saley
nil. Raltimore nominal, unbalanced at
~ SOC; sales nil Augusta steady. % points
higher at 4l.25c; sales 1903 bales Mem
phis steady. so points higher at 4i6oc; ;
ga les $50 bales. St. Louis steady, 20 points
highsv at 4l.50c, sales so bales. Houston
steady unchange dat 43c; sales l ,3l5 bales
Lutte Rock steady, unchanged at 43c
sales 242 bales. Dallas steady. uncha r,gcd
at 443oc; sales 56l bales. Galveston firm.
Worth steady, unchanged at 4s.c5c sales
o,3o9 bales,
New-York tribune., 1920-04-09
Recommend CAPITAL Increase

Directors of the Nonquit Spinning
'lill, of New Bedford, Mass. Yesterday
recommended that the capital stock
he increased TO Si,S0o.000 by means
of a stock lNn nor cont
New-York tribune., 1920-04-09
Pre-war issues
Foreign Govt. and Municipal Bonds
Nnterest To BE Added)

Bid. Asked.
Anslo.f AnI rcnSh Extern s., 1920. 9S,s 9SYs
ArHentlne intern bs, 1915. II T11a
'1S'es; % &: cH@ Of n.te': 1891: "a Is
do do 1s2s. 1sas .....'.--...---...--. s4G s!H
ch!a.ss an ssSs; g. HI Yas X; 4. isSi q q III
Cuba Extern 81, 1b41. 904 9iN
do Extern 6s. Series 4. 1915. s0x
do Extern 43hs. 1o4s.,... ~ 731f
Dominican Rep 6s. 1868. .... 81 sS'
City of Lyons 15-yr IS, 1884,. 80 90
City of Marseilles 16-yr es, 1884 80 90
City Of Bordeaux 15-yr e, 1884. So 90
City Of Copen 25-yr 5,As, 1874. 1874 7ss
City Of Paris 6s. 1921. ....... ssh sSN
Jap Gov 4l1s, string In, 1925. 78[ 7Slf
do 4'as. I'd ser. 1925 5..... 7S 7SH
do a. string in, 1881 60 G4lI
~ 1okio os, 1889. bEl3 6Ss.
~ " ID q o-yr o2s, 1g2l.. 94A g5
10 10 3cSr Pas, l92s: :......... 93A 93h
do 2U-yr 51as, 1887 87s+ SS4tt
Mex Extern str IS of '9a 1945 81 37i
Mex Extern gid as OF '04 1854 80 n
New-York tribune., 1920-04-09
Cotton Statistics

Exports season. 6'2o5.3ls 5.os5.l22 a,so4, 4ss
Port stocks 1.2l7.s47 l.25s,tsC i.23a.olo
Int. shipments. 1910 l33o4 s7s
Liverpool cablee--spos cotton quiet at i /
points decline. Midd!ing, 2s.l lsd. sales.
4,UVo, IMs r Amer5can an aooo Imports 10 600
a. - to - points advance. closed steady
ut a. not advances Of points to a decline
naaN 21 points 90 Nay. 25s5d; October. 23.34d
December. 22.40d: January 2clsd Man
chester: Yarns and cloths quiet and firm.
Nheat-The government report on the new
winter wheat crop made the condition rs 6
compared con With $50 last fall and s9s a
in the fall the above conditions Indicated
yield OF 4s3.sl7o0o bushels, compared
with last years final OF 73l. $4,000 These
pected by the trade. although private es-
5imatss tnn a,n ooa had indicated yield of only
o,,n oUp o9o' 900; Some authorities were in.
clined to believe that the crop has i'm
proved since the government observations
yer, mers taken, as weather. conditions have
neen more favorable in the Southwest If
is thought, however, that the loss fror,
winter killing Will bo unusually largo. ana
mere (ners nave hcen numerous complaints of
"sn.I ',i,; IhQuirlnE for wheat here and seemed
w,iIlns WI ainas to pay even higher prices than pre-
itsd nss" owing on WednSsda e ,ns Offers Inn
IN ,ne way of transportation and little ~
no business was done '0 VI
,r'r, NoFmonNe. price changes in the market
"'e Eo' iparatiYely harrow, the Nav ,,osi.
,ion cios!hg practically UNCHANGED whlio
the later months were isc to 20 ,ou.er
rhar,',ss~ 1uSr,ess was largely OF an evening u1
cnaraStsT, as there were too many com
plicated features in the situation to en-.
courage aggressive trading either way Re.
ports from onlcago that number OF lead.
ing Hr'ns mad been summoned to present
their records OF trades in connecticut ,,ith
the Federal investigation Of an alleged
corner IN May corn had a tendency 10
fess TO take more bearish view of mo
situation. but the fact that tho switchrnenl
strike in the West was spreading 70 other
centers served to check selling as the out
look not favorable for an irnmediate
increase In tho movement.
Yesterdays Previous Year
Corn NV No f'sN yellow sss GSs $780, s'4:s $751; fss
Chicago:
May. .~....... is4n ls4s 1867
July l.61is l6s~ l4s
OAts-The market was moderately actlv.
changed TO &c lowor The local situation
was Arm. owing to tho difficulties in NOV
ius grain 70 tho scsboard.
Yesterdays Previous Year
New York: close close ago
No white. .3l.l6 &l.l6 $o78
Ch!cago
MAY. ........ g.. sll,. .s!a
Rye--Market nrmer.
Yesterdays Previous Year
New Yoril: close close AGO
No Western. .$2.I6ia $cl4 sl76
Flour and Meal-Quotations were:
Yesterdays Previous Year
New York: close close ago
Mlnn. pat. $3.50 sl3.oo sIl.s0api2c5
CornmeAl. 4.2004.25 4.90@t.s5 ss5p 400
Rye nour. o.6o9o0o o.6o1oT5 S.50M 800
bran 90 $500 57.0nl $500 $500
Cottonseed Oil
Tho market was under pressurn during
the greater part OF the day. with active
liquidation times prompted BY The
svraNness in lard Thu hcayiness in crude
oil and the slew Gosh demand were also
factors which' discouraged buying, al
New-York tribune., 1920-04-09

Ansver-It frequently happens that
q stock will sell or after = dividend Is
declared, indicating that the disburse-
ment had been pretty well discounted.
Dome Mines stock, In our opinion. is
too speculative to be classed as an In
vestment, and in holding it you should
realize that the amount of your prin-
cipal, as we'll as income, is liable to
constant fluctuations
New-York tribune., 1920-04-09

Liverpool cahlee-Spos cotton quiet at II
points decline. Middling, 2sisd. Sales
5000 American, 5000 Imports, 10 600
American. 10000 Futures opened quiet
ut "a to % points advance. closed steady
ut not advance Of points to a decline
OF o, points May. 25.S5d; October. 23.34d :
December. 240d: January. 22.lsd Man.
chester: Yarns and cloths quiet and firm
New-York tribune., 1920-04-09
Bank of England

i,ted. f5clls cents per share.
New Britain herald., 1920-08-30
TOM MOORE AT FON'S.

The great war made of the world a soothing caldron, in which the boil ing emotions of humanity wrought strange results. With the armistice the fire was quenchcd. but the angry seething of the superheated clements continued. and continue 10 this day. Plots. schemes. revolts. form deep down. and boil to the surface.
 X story of this postwar effect is "Duds.'' featuring Tom Moore. which opened at FoN's for three days this afternoon.
 It concerns a young discharged ca ptain of the |. <. army routine of office work after his army experience. There arc still thousands of young men without work or prospects. just such characters as Tom Moore DOT trays in this picture. It is an ab- sorbing story of real life.
 The picture was directed by Tom
New Britain herald., 1920-08-30
FINE BILL AT PALACE.

When The Hidden Truth" comes to the Palace theater on Monday, pa irons of the photodraua will have their first opportunity to see Anna Case. the beautiful grand opera prima donna. on the screen.
 The Hidden Truth" is the story of Helen Merrill. n beautiful girl who is entertainer in Bill Sheridan $ saloon in a Western town. She be- friends Myrtle Cadby. another danc- ing girl. .whose husband. a drunkard and bully. mistreats her. Myrtle becomes very ill and before she dies she gives Helen a letter telling her 10 make use of it. Ii is to a man, her fathers former mining partner, who had gone East. and to whom she was supposed to have gone when she ran away and married her husband.
 Helen goes East to the home of Charles Taylor. Before she goes East she learns that Sheridan and a few other men have salted a mine and are trying to sell it. She later learns that Charles Taylor is the man to whom they are trying to sell it. Under an assumed name. she becomes enga ged to Taylor. but when he discovers that she is not who she represents her self to be. he tells her he does not love her. She saves him from being swindled and love again enters his heart.
 The new Keith vaudeville bill of fcrs four excellent acts with Gold & Edwards. the dancing boys; Watts S Ringold. the blushing bride and groom; Franchine Bros, in. a novel ty offering and ,. Barrett Greenwood Co. i'm The Motoring Romeos."