davidaulloa/AmericanStories huggingface dataset:
The Adair County news., 1920-10-13
l86 :. ACRES l86
One of the Choicest Farms in Four
Counties at Public Auction.
TUESDAY, OCTOBER 10
10 O'CLOCK A. M.
Joe Wheatley Farm
Wheatley
Known as Frank Thomas Farm 1! Miles From
City Limits on Springfield Pike.


TRACT No 1.-The containing 10 has
works failing combined
sufficient field The blue
this
blue Its Government high
and everybody Lebanon
which
sold sold land adjoining
is.
TRACT No 2Wil contain
weuw
TRACT n
Mann farm if Nam s ortunae
enough
Mr. Mr. Thomas
him o
ar o sgrown
1t
Springfield its
M M. a live
Nmngim
To the guessing will
gold.
IN
Lebanon and will also the
day of SALE
n land FrankX
Thomas a. the arm o.
c.. w, HACAN AGENCY
W. HAGAN LEBANON. Ky. R. NJ SPALDN
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-06-13
Automobiles
Used Cars For Sale

CASH OR TERMS
One passenger Cadillac, perfect
every way except paint
One 7-passengcr Buick $3.50.
One Buick roadster five practically
new tires. 5000.
One 1918 Buick roadster. cheap,
owner leaving city, $3.50.
one passenger Dodge, perfect
every way, 500.
One Dodge roadster, five new cord
tires. practically new car 1925.
One passenger Buick s625
One : passenger bort, $S75.
One : passenger bort, $275.
One Ford roadster S375.
One 1-ton international truck,
slightly used, guaranteed perfect
every way. 5000.
One Ford truck, 5000.
Several other good used cars at a
bargain.
See Hines White nj
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-06-13
Classified d
w ants

Two cents per word each insertion.
A minimum charge of 50 cents
made for ads run one day only. Copy
must be in Ardmoreite office by 10
o'clock week days. n received after
that hour ads will be run too late
to classify"
All want ads are cash. Advertise
ments taken over the telephone are ac-
cepted only at customers risk and the
Ardmoreite will not be responsible for
errors unless advertising copy Is hand
&c IN at our office.
is words one time
Is words two times
Is words three times -9Oc
Is words four times s-.-----------$l.2o
Is words five 80
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-06-13
Ardmlor@ Momn@s

a PRETTY home on McLish Ave,
highly polished cak floors; all rooms
extra large to see this house is
TO- like it; price $500.
A BRAND new six room plastered
home on McLish Ave; the floor
plan is different, fine finish, strong
construction; price $500.
A BEAUTIFUL five room home on
McLish Ave, this is an uptown
city home; price $500.
A SWELL five room home on Bixby
Ave, elegant location; real good
house; price $3.50.
A FIVE room plastered home on
Third Ave, southwest, choice neigh
borhood, price $3.50.
A FIVE room home on G St, south
west for $4,000.
A SPLENDID plastered six room on
Fourth Ave. southwest This house
is worth 81 900 more than we ask
for 1t; price $4,000.
A BRAND new home on c ST., north
west; this is a splendid looking
home. and built by a man who
knows how; price $500.
A SIX room home, just finished,
painted white with green roof; a
real home; on b St, northwest; (;
price $4,000.
A 100 ACRE farm two miles west Of
the city, very ideal investment and
home farm, well improved, and in
a likely looking oil and gas area;
price 500 per acre
r. G. McKiddy
1875 1.2 West Main St. 1873
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-06-13

s ROOMS and bath. A beautiful new
Concrete driveway This will suit
if you are looking for real caose-
in place. Price $4,000.
5 ROOMS and bath, close in on 3rd
Ave. Large corner let and new
modern bungalow. a bargain ut ST.
600.
6 ROOMS and bath, on Bixby Ave.
S. w, east Of r. r. A beautiful
bungalow, good deep let, garage,
and concrete driveway. Dandy gar.
den. Quick possession, $1,000.
6 ROOMS and bath, II St, S. W.
New east front house less than six
months old. Oak floors. plastered
and built for 4 home Could not
be duplicated for anything near
the price of $1,000.
7 ROOMS and bath; beautiful east
and north corner new house 4
large rooms downstairs, and 3 up
stairs: This is the best buy IN
town. 4 blocks from Main St., on
pavement; price $1,000.
ROOMS and bath. A large lot ami
a dandy little home. Priced very
close at s2,250
5 ROOMS and toilet four blocks from
Main St, in S. w. A dandy little
east front bungalow that can he
made cozy little home. Price
$4,000.
WE HAVE a complete list of beau
tifu1 bctnpe IA celapt from This
is the best time Of The year to buy
Tell us what you want and we will
be sure to have it. Buy now and
save money.
We Know the Town
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-06-13
DAILY ARDNIOREITE.

DAILY ARDMOREITE.
Advertising rates effective June
1st. 1920:
Per
Inch
Open space without contract---75c
1000 inches to be used within
one year -----------------oVc
5000 inches to be used within
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Mont Contract Advertising.
Theatres. concerts, circuses,
Stock promotion, oil, zinc,
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Political advertising, cash with
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Advertising at above rates mus;
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iy contract with daily change o.
COPY.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-06-13
Want a Home?

1875 1.2 West Main st.
New-York tribune., 1920-06-20
Mexican and Russian Bonds

Question-Please describe briefly the
Ne Mhe1ican gold As: also the Russian loan
think the chances arc nine out OF ten
that they viii be paid eventually? Please
name tho best secured long-terin bond in
ton OF the best roads in this country Civ
ing date of maturity. DO you not think
bonds Will reach low level in the fan
when a great volume of money VIII be
needed to move the crops &c. j. l..
Answer-Thc Mexican per cent gold
bonds, due December l, 1854, Of which
there are S37 ,037, 500, are direct obi-
cation of Mexico, but not secured They
were fioatcd in October, 1904, in New
York. at 931a. The bonds were also
sold in London. Germany and France.
They defaulted in June, 1914. The Rus
sian external loans. of which there are
two, have been in default since Decem-
ber, 1919. There are S5O00O,O0O OF 6ls
per cent bonds, due 1919. and S25, ,00O, 900
5E per cents, due 1921. The former
issue was floated at 100 and the latter
at 9494. We are of the opinion that
the Russian bonds eventually win be
paid because we believe Russia can i'll
afford to be without the friendship Of
the United States for any great length
OF time. The Mexican situation ap-
pears to be such that there promise to
be better relations with this country.
For that reason we believe the bonds
offer speculative possibilities. Follow
ing is our selection of the best long
term bonds on the ten best railroad
properties: Atchison general 4s, 1895;
Illinois Central first As. 1851; Morris E.,
Essex first 3i2s, 5000; Louisville &
Nashville unified As, 1870; Chicago G.
North Western general As. 1887; Union
Pacific first As. 1910; Northern Pacific
prior lien 4s, 1897; Pennsylvania con-
solidated as, 1913; New York Central
31as, 1897; Lake Shore 3las, 1897. We
DO not believe that the demand for
money at crop moving time should seri-
ously affect the price of bonds. The
bond market may work lower, yet we
are of the opinion that high grade Sc
curities are selling on about as attrac-
tive basis now as the average in
vestor could desire.
New-York tribune., 1920-06-20
Broker Doing the Usual Thing

Question: have bought stock of vari
Gus companes and am leaving the cortin-
Gates Of same with broker who bought for
me- who also receives dividends when due
and sends me monthly statement Of my
account with them. buy long. as tho
brokers say, and leave any balance | have
with them on which am allowed no in
terest but If I should owe them anything
for one day they charge mo with interest
Is this right? Also, should this firm get
into diniculties-n other Words goes
bankrupt-can they use my stock certlh-
Gates? haven't seen them and have only
their monthly statement. l have been told
q stock broker can use a.! stocks deposited
with him.-B. f. p.
Answer-lf you purchase stocks out
right the broker has no right to use
the certificates for his own purposes. If
you purchase on margin he has right
to use the certificates as collateral for
loans which he makes. ii you are not
credited with interest it is probably
because you always have debit bal
ancc. If you have credit balance you
should be credited with interest. If
you purchase outright you should nave
the stocks placed in your name Also,
if YOU have fears regarding the fnan-
cial responsibility of the broker you
should leave him and seek another Of
high standing.
New-York tribune., 1920-06-20
Intends Buying Two Bonds

Question: ask your advice in the pur-
chase of the following bonds Illinois CEN
Vertlole per cent; Denver & Rio Grande
Improvement per cent. CINCINNATI In
diana & Western Railroad Company per
cent; Rock Island. Arkansas &, Louisiana
4i2 per cont. want to buy two bonds
but do not know how any of the above are
secured. like bonds with a semi-an-
are perfectly safe. If you know Of any
other bonds safer than those have men
TONED please advise me of same-J H.
Answer-The bonds you suggest are
not of the highest grade, but are not
without merit. If you desire a high
yleld such as these bonds give, you
cannot expect to be able to purchase
securities OF the best grade. The Gin.
clnnati, Indianapolis & Western 5 per
cent and the Rock Island, Arkansas g.
Louisiana bonds are secured by first
hen on a fairly good property. Neither
road, however, enjoys very high credit.
The Illinois Central b12 per cent are
secured by good collateral The Chesa-
peake & Ohio convertibles are not we'll
secured, although the road is a good
one, and the bond, in our opinion,
offers speculative investment oppor-
tunities. The Denver & Rio Grande
improvement per cent bonds are a
second lien on 1900 miles at the low
rate of $4,000 a mile. At present prices
1t Yields over per cent, if held to
maturity in 1928. We regard it as a
very fair speculative Investment
Bonds yielding we'll and secured by
first lien are as follows: Denver & Rio
Grande first 4 per cent, 1896; Rio
Grande Western first per cent, 1899:
Colorado & Southern first 4 per cent.
1929; Illinois Central 4 per cent, 1858;
Wabash first per cent, 1880.
New-York tribune., 1920-06-20
Remington Phonograph Company

Question-Arn sending YOU a prospectus
from the Remington Phonograpn Com
pany. II claims it has a fully equipped
factory on the Brooklrn water front" and
Is now engaged in quantity production. "
Please lot me know If You consider this d
good invcstment-A. r. S.
Answer - Industrial enterprises in
the promotion stage, like this one. can
not be considered investments, because
even if factories arc equipped and
quantity production achieved, the com
pany must still prove that it can mar
ket its wares at a profit which viii
assure dividends in the face of compc-
tition, which in this case seems likely
to be fairly keen. The prospectus
gives the impression of being fulsome
in its praise OF past Remington per-
formance. The reader evidently is cx-
pecte1 to draw the inference that the
original Remington's grandson. an Off
Ger os the company in question, viii be
as successful with the talking machine
as was his grandfather with the type
writing machine
New-York tribune., 1920-06-20
Three Good Choices

Cucstlon-.is am Gcsirous Of Investing
IN some bonds and not being able to come
10 decision on same. Will YOU please
aiNe me some Information on Atchison
Io2Sh@ 4 Santa 'e general per cent at
-, Pacific Gas and Electric per cent at
-. New York Telephone general ~ par
cent at '5 What do they yield?-A L. W
Answer Of the three issues
you name is good investment, in our
cplnlon. All are we'll secured and COM
mand very good markets. The Atchi-
son genera ! per cent, 1905, is a first
lien on 5,241 miles and first collateral
Ncn ON 1891 miles. 1t is as good a
la!!road bond rs one could desire. 1t
Yields at 73 about 5l= per cent. Pa
c'tc Gas and Electric general and re-
funding per cent, 1912, bonds are Sc
cured by mortgage on the companv's
entire property, which supplies lis
cities and towns with electric lrht and
power. 90 with gas, 19 with water for
domestic purposes. There arc about
S45 100000 of prior liens, for the re-
tirement of which provision is made in
this mortgage. At "A the yield is about
7.45 per cent. The New York Telephone
Az per cent, 1889, bonds are secured
by lien on the entire property of the
company, subject to but small amount
of prior liens. At rs the WELD is
about 6.So rcr cent
New-York tribune., 1920-06-20
Expectations Not Yet Fulfilled

Question-Wll YOU kindly toll me what
you know OF tho Margay on Company and.
II possible. who Is head of the company
Miss r. w
Anower-T. F. Birmingham is presi-
dent and J, S. Farlee vice president.
Mr.. Farlee states that the company
was producing at last reports (April)
about 700 barrels a day and earning at
the rate of 100000 to 5000 900 a year.
There are 100000 shares outstanding,
of which half are in the hands of the
public and half held by the original
owners of the property in escrow. Fif-
teen wells, it is reported, are being
drilled. The stock was taken by a syn
dlcate at 81 and put out at SO share.
MIR. Farlee said that results of opera
tons had not so far fulfilled expccta-
tlons,. but he added that he still be-
lleved in the prospects of the enter
prise, having bought additional stock
for himself last week at IS share. In
ITS balance sheet the company carries
It's 100000 shares of no par value as a
liability Of S1.646.127.So
New-York tribune., 1920-06-20
Curb Trading Dull,
With Prices Firm:
Net Change Small
General Asphalt Continues
Active and Declines Frac-
tionall y; Other Industri-
ais Are in Little Demand

Trading on the curb market yester-
day was dull and uninteresting, with
narrow price changes. There was some
evening of commitments for over the
week end, but interest was at low ebb
and few of the more active issues were
in demand.
Bidding for General Asphalt, which
was strong and active in Fridays late
trading, continued for a while, but
after orders had been filled the price
reacted slightly under Fridays last
sale. Most of the industrials were
quiet and tritle stronger than the
day before
Independent oils held steady, with
prices virtually unchanged from Fri
days closing. international Petroleum
and Simms were firm. Some trading
took place in the lower priced pc
troleum issues at Fridays last figures.
Mining shares, which had developed
weakness during the week, failed to
rally to any great extent, but were
generally steady.
German bonds continued fairly ac-
tive, with narrow fluctuations, and clos
ing prices were generally unchanged
from Fridays last sales.
New-York tribune., 1920-06-20
Mercer t1OtOrs

Question-Wil YOU be kind enough to
give mo som" information on Mercer Mo-
tors, its capitalization. earnings, manage
ment also Your opinion Of its future pos
slbi!itlcs.-M. w. Is
Answer - Mercer Motors Company
was incorporated October, 1919, as sue
cessor to the Mercer Automobile Com
pany, organized in June, 1909. There
is no bonded debt. Shares outstanding
are 100000 of no par value. The prcsi-
dent is Emlen S. Hare, formerly vice
president Of the Packard Motor Car
Company. The net earnings for the
quarter ended March 81 1920, were
Sl52,763 before Federal taxes (wh4t
there taxes Will be we cannot saw.
This is at the annual rate of over Sc
a share on the capital The company
is expanding facilities considerably
and its officials appear to be optimistic
over the future The car which it
turns out is considered by experts as
high grade If the demand for pas
scnger cars continues the company
should have little trouble in marketing
its product
New-York tribune., 1920-06-20
Too Many Dry Wells

cuos'ton-Can YOU inform m. Of the
standing or doinss Of tho Thraman Oh
Company? About eight months go was
induced TO invest 81 200 in Thraman Oil,
500 shares at So share. 1t was repre-
sentcd "a producing company and sold
on the New York curb high as SO and
cannot even find out anythins about the
stock. II YOU can furnish any infor,na-
ton I shall be more tlan Obliged Mrs J
Answer-You probably realize now
that you did not invest your $1,000.
but speculated on two possibilities, Fl rst,
that the company would be admins
tered IN the interests Of the stock
holders, and, second, on the highly un-
certain prospect that the company
would strlke oil in paying quantities.
william A. Gotf, of 60 Broadway, stated
70 The Tribune that he sold the stock
here and had succeeded in maintaining
market for 1t on the Curb until Jan
uary 10 last. Then. according to Mr..
Gof. large block Of the stock which
had been in escrow was thrown on the
market and the price declined He
said 1t was his belief that an officer of
the company had offered shares as low
as g SO far as the operations Of the
company are concerned, Mr. Goff said,
1t had been involved in litigation and
had had hard luck in drilling wells
that came in dry. It costs thousands
of dollars to drill we'll if It proves to
be dry hole the money is lost for
good. Shareholders, we understand, are
now attempting to bring about a change
IN the company's affairs with a view to
better development Of what nropertv
the company has
New-York tribune., 1920-06-20
Seeks 7 Per Cent on $4,000

Question: would like advice on the
best way TO invest $4,000 so as to secure a
Per e Mt ret urn. read of many invest
'nents in bonds. notes and preferred stocks
now Welding that amount. hut am too in
experienced myself 10 pick ont the safest
VIII YOU kindly s. nd list which in your
opinion, would be safest for a woman to
invest in?--N. Il. II.
Answer There are many opportuni-
ties to invest ones funds at present to
yield about 7 per cent. Notes usually
run only few years and arc there
fore, temporary. Among these are
American Tobacco 7 per cent, due No
vombcr, 1923, to yield 7o5 per cent;
Nethlchem Steel Corporation per
cent, due July Is, 1923, to yield s per
cent; Louisville & Nashville T per cent,
due 1880, to yield 7O5 per cent. Invest
mcnts IN moro permanent form are as
follows: American Telephone and Tcle-
graph collateral 8 per cent. 1916, to
ylcd over per cent New York Dock
first per cent. 1851, to WELD per
cent; Chicago, Milwaukee e. St Paul
general per cent. to yield about Sc
per cent. The following preferred
stocks yield about Z per cent: Standard
oil Of New Jersey, American Loco
motive, Pressed Steel Car, United
States Rubber and Virginia Carolina
Chemical.
New-York tribune., 1920-06-20
turbed. It is good bond in our

opinion. The Middlesex Somerset
Traction first per cent, 1850. is a
first lien on the line from South Am
boy to South River and a second lien
from South River to New Brunswick
and the street railways of that city,
together with extensions to various
points. There are S50OOOO Brunswick
Traction first 5 per cent, 1926, prior
to the issue for the retirement of
which Middlesex & Somerset bonds
nre reserved. They underlie two other
issues of bonds. The issue is not
guaranteed by the Public Service Cor
poraton The bor3 has declined con-
siderably in price along with other
street railway securities. We regard
1t as a fair investment only. The New
Orleans Terminal first 4 per cent 1853
are guaranteed by the St Louis e. San
Francisco and the Southern railways. 1t
Is entitled to very fair rating. as the
property is of considerable value.
Public Service Corporation general 5
PEI cent bonds, 1853, are general
lien on the property subject to prior
liens. We regard it as more or less
speculative. due to the uncertainty sur
rounding public utility corporations
generally and the timdity of investors
regarding these issues. If you arc
nervous about your Investments, we
think you would do we'll not to increase
your holdings in these issues, but to
purchase bonds of higher grade than
most Of them. The following issues
arc worthy Of consideration: Denver:
& Rio Grandc consolidated per cent.
1886; Rio Grandc Western first per
cent, 1889; Colorado E. Southern first
a per cent, 1929; Chesapeake g. Ohio
general Az per cent, 1892.
New-York tribune., 1920-06-20
Financial Items

Application has been made to the New
York Stock Exchange to list Houston oil
Company. certihcatrs Of beneficial inter
est for s25 900 600 common stock and CO.
lumbia Traphophonc Company 56.6l3 nd
ditional shares common stock, no par
George *. Reed. for nine years manager
ot tho Banlora Blue Book. issued by
Rand McNallv g. Company has becomc
manager, in Chicago. OF tho mid western
business OF Edwin Bird Wilson Inc which
specializes in financial advertising
Tho Guaranty Trust COMPANY OF New
York has been appointed transfer agent
of tho stock OF tho Oriental Navigation
Company.
l.. r Hirschler. formerly OF London.
has become associated with Etns,ein
Ward & Company. members OF the New
York stock Exchange. In charge OF their
d. Nartntnt.
New-York tribune., 1920-06-20
Would BE Making Good Start

Qucstion-Win YOU kindly tell me II
Middle West Utilities Company collateral
gold notes, duo january /. 1925. ara a
GOOD investment on tho partial payment
llan? They arc issued in 500 pieces and
! iieure | can save SO a month which
would enable me to buy $500 worth, If YOU
consider thom safe Also. will you kindly
tell me II North American COMPANY Is n
rood investment stock? 1T sells for bout
% ana pays, or at least has paid for the
last MN" years, s. a share. Suppose when
tho payments are nearly completed
tho stock on which my name appears
worthless w. D
Answer The Middle West Utilities
Company notes of 1925 are very fair
investment. We believe the purchase
of these notes on the partial payment
plan is a good one North American
stock, while it has paid per cent for
many years and shows good earning
power, is not, IN our opinion, a high
grade investment, because it is sensi-
tive to earning power. You would do
better to coniine your investments to
good bonds or seasoned preferred stocks
Among the latter are United States
Steel referred, American Tobacco pre-
ferred and Central Leather preferred
In the event of your death any sccuri-
ties upon which you owe balance
would be part Of Your estate Your
executor or administrator could, by
providing the proper papers, take up
the securities by the payment of the
balance. It would not be lost to your
estate, by any means.
New-York tribune., 1920-06-20
Japanese Shipments 10 Europe

Although the press Of Japan dar!ns
the first part Of May was commencing
optlmistically upon increased sH.P-
mentS from Japan 70 Europe. pr.ao-
pally of Manchurlan beans and nesn
oil. and japanese sugars. speculative!
held. and the consequent impreyemeh.;
in sterling exchange as the reslit O.
the lowering of prlce levels IN Japan
nevertheless recent cablegrsm SHOWS
that Japan's total exports during Mss
were more than 90 per cent less !.
value than those of April. A'thoue /,
statistics are not yet available as :.
the quantities exported N May ss
distinguished from values, II IS auise
possible that, quantitatively. May en
ports exceeded those Of April. SIM
the decline in prices mas been se''
drastic