davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Northern Pacific Bonda

Question: have some Northern Pacific
Railroad first mortgage 4 per cent bonds
which purchased on advice at $3.50. which
time Of purchase. l was also advised at
time Of purchase that these bonds were an
absolutely secure investment. The decline in
the price Of these bonds during the last four
years leads me to doubt the security Of the
Investment. Do you consider these bonds
absolutely secure?-C. A. C..
Answer-The Northern Pacific first
mortgage bonds are entitled to a very
high rating. 1t is due to conditions
generally that there has been such .
fall in their price. Money is higher,
and the prices of investment securities
have depreciated accordingly. How
ever. in our opinion the bond Is entitled
to just as good q rating as ever.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Utah-Idaho Sugar

Question-Please advise me whether or not
you regard Utah-Idaho Sugar Company stock
a good investment.-A. p. D.
Answer-The fiscal year of the Utah
Idaho Sugar Company ends February
%. The last two reports, for the years
1918 and 1919, respectively, have shown
deficits after dividends. The report for
1920 has not been published We are
informed, however, that profits have in
creased materially The stock is specu-
lative on account of the great fluctua-
tions of the earnings. We do not ad-
wise its purchase for investment pur-
poses.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Not an Unwise Mova

Question: see by The Tribune that the
Pennsylvania Railroad has sold $50 900 900
OF per cent bonds running ten years. I
own q $1,000 Anglo French per cent bond
due October Is. Of this year. What do YOU
think Of selling it and buying one Of the
pennsylvania bonds u. J. Men.
Answerlf you desire to obtain
longer term investment than the Anglo
French bond we believe the purchase
Of the Pennsylvania new 7 per cent
issues is a Wise one.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Int. General Electric
Secures Large Contract

The International General Electric
Company, subsidiary Of the General
Electric Company, has secured q con-
tract amounting to nearly $4,000, 900
for the electrification Of the first
main line railway in South America
The electrifcation Is over the line of
the Paulsta Railway Company between
Jundiahi and Campinas, Brazil, dis
lance of twenty-eight miles, giving a
total electric trackage of seventy-six
miles. The equipment to be supplied
consists Of twelve locomotives. eight
freight and four passenger engines.
material for the transmission line and
SUBJ station and 5000 volt overhead
line
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Endicott Johnson Preferred

Qucstion-Is Endicott johnson preferred a
Its dividends seem safe under almost all
conditions. but desire your opinion.--B. C.
Answer-We regard Endicott johnson
preferred stock as good investment.
The earnings Of the company for many
years past have been such as to caro-
for preferred dividend requirements
many times over.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Investment Information

Questions Of general interest to
smvestors WfH Do answered in this
column, IN 4chich case only initials
~'H Dc used. Others will be an
s~ered bY mail. Address all im-
gu'res, Enclosing stamped, ad-
dressed envelope, to Financial Editor,
xhe Tribune. l5+ Nassau Street, Ne.e
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
In Class BY Itself.

an investment stock l took the ground
it was not as is commonly known an in
vestment stock, but it was a speculative
stock. and calling it investment stock
was misnomer. Who is right?-F W. L.
Answer-It might be said that Stutz
Motor stock is in a class by itself.
However, its recent sensational rise
emphasizes what we have stated re-
peatedly about the speculative charac-
ter of common stocks in general Not
only are they subject as a rule to wide
fluctuations in price as the result Of
market operations, but their dividends
also are subject to change from time
t. time in accordance with the varia-
ton in earnings from one period to
another.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
A Prudent Investor

Quest!on-Kindly advise where I can In
vest my money in the highest type of short
term notes and bonds. as I am a prudent
investor ard want to see my principal in
vested safely. l am not looking for such
nigh returns. but the safety of the principal
M. G. H.
Answer-There are many issues OF
short-term notes which may be pur-
chased at present to yield from 6h to
IA per cent. We give herewith a list
Of the better grades: American To
bacco 7 per cent, November, 1921, to
November, 1923, to yield from e.65 to
$50 per cent; Bethlehem Steel per
cent 1922 and 1923, to yield 7.15 per
cent; B. F. Goodrich per cent, 1925,
to yield ITO per cent; Proctor & Gam
bic Z per cent, 1921 to 1923, to yield
from $40 to $50 per cent; St. Paul
Union Depot 51a per cent. 1923, to yield
$50 per cent; Western Electric I per
cent, 1925, to yield IN per cent, and
Associated Simmons Hardware per
cent, 1925, to yield IN per cent. High
grade long term bonds may be pur-
chased to yield from 5h to over per
cent. Among them are: Atchison gen.
eral per cent, 1895; Northern Pacific
prior lien per cent. 1897; New York
Central Az per cent, 1897; Indiana
Steel per cent, 1852; United States
Rubber per cent, 1947; Chesapeake &
Ohio per cent, 1889.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Wants to Deposit German Marks

Extraordinarily I purchased some Ger
man marks. receiving q draft to cover
same. Would it be advisable for me TO open
an account with the Deutsche Bank Of Ber-
lin. on which the draft is drawn? If So,
kindly advise me through your valued col
umn the way to 60 about it,. A.
Answer-The fact that you own a
draft on the Deutsche Bank of Berlin
does not mean that you can arbitrarily
open an account with the bank. II
you wish to do so you should write the
bank, stating that you wish to open an
account, naming the amount Of the de-
posit.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18

creased to IL per cent for the quarter.
which quarterly rate was maintained
until February 1, 1918, when " per
cent was paid, which rate has since
been maintained, namely, 8 per cent.
or ~ share per annum. We regard
the preferred stocks as fairly good in
vestments; the common as speculative.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
On the Wrong Side

Question: have bought American Ship
and Commerce-100 shares at as and fifty
shares at 32: present quotation is % plus.
Would you kindly give me some informa-
ton about this company? Would you ad-
wise me to. sell and accept a loss? It has
bought 100 shares United Retail Stores
at 10. fifty shares at 10. twenty-five at
100, twenty at 80 and twenty-five at 81
Do you think this stock will come back to
ITS former value or is the present quotation
the normal price?-N. P. L.
Answer-ln purchasing such securi-
ties as American Ship and Commerce
and United Retail Stores stocks you
have entered into speculation. The
former company has issued no state
to determine the value of the stock.
The company was foated at a time
when speculation was rife. Since then
the buying fever has abated. with the
result that 1t now sells for about one
half its former price. United Retail
Stores stock showed net profit before
taxes Of $4,706,332 for the six months
ended January 81 last, equal to $8.42
a share on the 558,349 shares of Glass
a. common stock outstanding. A
dividend of So share was declared on
December II, 1919, but it was not
spec1hed for what period this payment
was made: The company is said to be
showing large earnings at present.
Such stocks as these are so largely
dependent upon the position of the
general speculative market that it is
not possible to advise regarding them.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
The Increased Supply
OF Industrial Securities

In the last three years Industrial
corporations have issued over $780,
100000 OF new bonds. $500 900 900 OF
notes and $1,000. 600. 600 of new stocks
The probable effect of this huge new
supply on future security prices Il
clearly set forth.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Bought IN o P" on OIL Prospects

Question: purchased some time ago
Missouri Pacific common stock. / purchased
It on advice Of q friend saying 1t had won
ment. and that its oil lands were to be a
great asset to this road. Does this road pay
any dividend at present, or at any time past 7
II you are at liberty. will you please ad-
x Ioss wh no to sell as will not make
Company good stock to buy as a safe invest
ment: also Standard Sanitary Manufacturing
Company?-S. H. P.
Answer-When speculation in oil
shares was at the flood last year all
kinds Of stories were circulated about
valuable oil properties on the rights Of
way Of certain railroads. While we do
not recall any such story in connection
with Missouri Pacific, yet we have no
doubt that 1t was mentioned along with
others. Nor have we any information
regarding any lawsuit which the COM
pany had against the government. The
road was reorganized two years ago.
No dividends have been paid since re-
organization. The stock is speculative
because the railroad outlook is un-
Commission is to make rates which
presumably will give the railroads
fair return on the property in
vestment. Until this is done and earn
ing power is demonstrated under the
new act every railroad common stock
should be considered speculative. Both
the American Radiator and Standard
Sanitary Manufacturing companies are
good earners, and dividends at the
present time appear safe enough, but
you should keep in mind they would be
subject to change if earnings should
take . slump.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
The Money & Gre dit Situation

Tho credit situation will easily be
the dominant market factor this year
and especially in the period Of seasonal
strain this Fall. A thorough under
standing Of this influence Is ESSENTIAL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Producers and Refiners Corporation

Question: would feel obliged If you could
give ma some information of Producers and
shares at $1,000 on a speculative interest,
but do not know the standing of the con-
Germ. Have they any par value7 What has
been tho highest and loves the shares have
sold7 >What dividend do they pay il any.
and when7 What is the present financial
standing Of the company? What produc-
ton 10. w. F.
Answer-The par value Of Producers
and Reflners stock. both common and
preferred. is $40 a share. In Novem-
Der, 1919, the common sold as high as
12z. after having sold as low as Z in
August. An initial dividend Of 12a
ceuta q share was paid February on
the common stock. The preferred pays
z per cent. the dividends being cumula-
tive. Recently it was reported that the
company had absorbed the Western
Oil Fields Corporation and had In
creased its capital.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Properties
wv Factories and Factory Site
Floyd S. Corbin, Specialist
Tel. ei4a-RectoR. 10 Wall H.. Nv Yerh
DIVIDEND NOTICES

Wichita Falls. Texas. declare monthly
dividend No. 8 of $50 to all stockholders on
record April lat. !. A. Coiittou nresid~nt
Texas Amaig amated OF Co. WRIGHT
BEATTIE CO.. ITS Fifth Ave. Phone
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18

regard them Is q fair Investment only,
much depending, as in the ease of the
Baltimore & Ohio, upon tho result Of
railroad operations under the new act.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Relative Position Of Vari.
Gus Glasses Of Securities

War conditions have depressed some
classes OF securities and greatly bene-
flied others. Now that the war is over,
there will be some sharp readjust-
ments. The nature and extent of such
reversals are forecast
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
U. S. Express Stock

Question-Will you be 80 kind as to give
me some news about United States Express
stock IN. C. pA COD
- Answer-.-The United States Express
Company, is in process of liquidation.
IL already has sold its building at 2
k re- Tor Street, New York City, for So
ooo.ooo cash. The company has made
liquidating disbursements of nearly
$S5 share, 1t is not likely that all
the cash received will be disbursed at
once, as the company is prosecuting
several large suits on account of for.
mer contracts, the most important be-
ing against the Baltimore & Ohio.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Leading Topics
The Stock Dividend Humbug

The widespread idea that stock
dividends can add anything to earn
ings, equities values is "A popular
deiusion. This dangerous error IL fully
exposed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18
Other Topics

The new railroad laws Foreign
trade and exchange Taxation prob
Ions. The technical situation The
outlook for o. railroad bonds. t2)
railroad stocks. CD copper stocks, 90
industrial stocks. go oil stocks
The Forecast also contains detailed
lists OF securities which appear to be
In the safest and most promising posi-.
ton. Selections and recommendations
are confined TO securities listed on the
New York Stock Exchange.
4 fem copies have been re-,
served for free distribution 10
those interested.
THOMAS GIBSON
29 Broadway New York
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-18

Volume OF Business vs..
Declining Margin Of Profit
The volume Of manufacturing bust.
ness Is largo and Will continue large
for some time but the margin OF proit
Is declining rapidly. This important
factor Is fully discussed as TO its prob
abb effect on security values and
prices
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08
ARLINGTON

From the Sun:
Joshua Burdette of Brookings, Wis
tied a few days this week with his
brothers, who live near Arlington.
Beginning the first of the year the
stores will remain closed Wednesday
evenings during the cold weather.
Mrs. S. c. Ness went to Brookinps
Wpdnes day night in response to tel
ephone call that her sister, Miss Iver-
son, was seriously sick.
Mr.. and Mrs. A. E. James and fam
lily of Brookings, came Christmas eve
and spent Christmas with Mrs. James
sister, Mrs. S. l.. Bunday and family,
remaining until Friday morning.
Mr.. and Mrs. f. c. House and C..
A Gullick of BrOokngs, and Mr.. and
Mrs r, II. Raschke of Lake Norden,
are expected here New Years day to
take dinner at the A. r. Nash home.
Mrs. Matte Anderson and daugh-
ter, Miss Anna, who formerly lived
here, visited Arlington friends the first
OF the week, enroute home to Brook
ings from Sioux Falls. Miss Anna.
who is stenographer in the extension
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08
ELkTON
From the Record .

From the Record:
Attorney Berke was a business Wis
itor in BrookingS Monday and Tuesday
l. Atkinson Of Brookings, was a wei
come caller Tuesday on his way home
from White.
Joe Bergeim returned to Mandan, N.
D., Sunday after a jolly picnic with
Elkton friends.
Mr. and Mrs. F. W Heintz were
down from Brookings Sunday, calling
on Elkton relatives
Father Sasse and e. A. Wing and
family of Brookings, were guests in
the L. E. Sasse home the past week
Our public schools and convent will
open next Monday. Let the pupils he
prompt and start the New Year right
Clay B. Smith, OF the Wardrobe in
Brookings, was here Tuesday and ar
ranged with our clothing stores to take
orders. for dry cleaning" The Ward
robe does up-to-snuff work
The democratic door opened and 'it"
blew in, The idea! Jamie Brooke
always a republican, now a democratic
proposal candidate for county Judge
Be- ye the fag end of tooth brush
you're licked to a finish, JIM
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08

Mrs. Amelia Landmark spent Friday
with Mrs John Schwenk.
Mrs. Dallas Duff spent Monday at
Harold Duffs.
There is no school in District No
13 this week as the teacher, Miss Anna
Leherknight, is sick with the chicken
pox
Mr. and Mrs. John Schwenk spent
Thursday evening at James Leber
knights.
Jennie Chapman spent a few days
last week visiting in Brookings.
Giant Sensat on, a brother TO the
worlds champion boar in 1919, sows
bred to him sell on Jan. "a. 1920. At
Duroc Meadows, Hetland, S. d.
Harry Mitchell and family of Rosie,
Ia, arrived Thursday and are spending
a few days at the home of J. w Dyer's
before he moves to Brookings, where
they will live the coming year.
Mrs Dorsey Tinker and Donald re
turned home Tuesday after spend .ng
a few days with her brother and fam
lily at Watertown.
Mr.. and Mrs. Will Kennedy spent
Sunday at Chas Larson's.
Leonard Jornlin purchased a new
Ford car Saturday.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08
ALTON-RICHLAND

Jessie Cowles of White is visiting
in the home of Harry FELTON,.
Mr.. and Mrs. McRea visited at the
county seat Saturday and attended the
show in the evening.
Send to Duroc Meadows, Hetland,
S. D., for the big illustrated catalog
of their Jan. "a, 1920, bred SOW sale.
Rufus Robbins is holding down the
Chas. Potter homestead during their
absence at Sioux City.
Chas. Heinrich of Bushnell, ate New
Years dinner at Albert Frickes.
Mrs. Nellie Waakus went to see hei
sister, Mrs. Rohrer at Flandreau, this
week
Schools in District Nos. 29 and 30
began their work Monday after two
weeks vacation.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08
ABOUT THE COUNTY
BRUCE

From the Herald:
Homer Rexford of Brookings, was a
Bruce visitor Monday
James GREG spent Christmas in
Brookings with friends.
L. G. Dokken was a Brookings Wis
itor Monday morning
Miss Elsie Rosedahl Of Brookings,
spent Christmas evening in Bruce.
Miss Retta Hastings of Brookings,
departed Friday night for Denver Col.
Miss Gladys and Helen Hoffman
spent Sunday in Brookings with rela-
tives.
VIM Drink and family spent Christ
mas in Brookings at the Bohnhoff
home.
Lloyd Ribstien went to Brookings
Tuesday to receive the degree of the
commandery.
Mrs. Loyal Mcknight went to Brook
ings Monday night to visit relatives
and do some shopping.
One of the biggest deals of the win
ter in this city was consummated last
week when E. B. Dalton, the proprietor
of the Farmers store purchased the
stock of merchandise of the Sol Wal
ters Mercantile Co., and will take pos
session Friday morn ng, January End
Mr.. Dalton will combine the stock OF
Al, II.
the stock he has just bought. Mr.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08
EAST PRAIRIE HOME

De Los Revel, Dean Huskinson and
Ben Bockey spent Sunday afternoon
at ]. w. Dyer's.
Pig Club boys, attention. Buy your
bred SOW at Duroc Meadows, Hetland,
s. D., and raise the best litter in your
Club. Bred SOW sale. Jan. "a, 1920.
Miss Esther Leberknight returned TO
her school duties at Brookings after
two weeks vacation with home folks.
Orville Duff and Carl Fletcher are
picking corn for James Leberknight
this week
Little Elmer Shank is on the sick
list this week.
C. A. Wheeler and Kennis took a
trip to Redfeld Monday, returning
Wednesday.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08

Dalton who has been a resident of
Bruce for two years, is a business
man of much ability and needs no IN.
PRODUCTION to the general public, hav-
ing been connected with the Cole Mer-
camille Co of Brookings, before en-
gaging in business in Bruce, and
his many years experience in the mer.
camille business will be invaluable to
him in his new business requirement.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08

Mr.. Laughlin has moved on the farm
recently vacated by Mr.. BOch.
Kenneth Mills and Dewey FELTON,
gave New Years dance in the old
pool hall Friday evening.
High-priced land, high-priced feed
make the best breeding stock neces-
sary. Come TO Duroc Meadows, Het-
land, S. D., on Jan. oath, 1920.
Mr.. Blumeyer's family entertained
at New Years dinner,
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08

days last week with her daughter,
Mrs. Glen Lundeen,
Floyd, Ruth and Frances Engel re-
turned Saturday from a visit with rela-
tives and friends at Luverne, MINI.
Send to Duroc Meadows, Hetland,
S. D., for the big illustrated catalog
of their Jan "a 1920 bred SOW sale.
H. w. Pullman passed through here
enroute to Brookings Monday.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08

greatest yearling sows of the breed.
She sells bred to Winning Prices for
an early litter.
prices Queen" the best fall gilt to
sell this winter. She sells bred to
"Bob's Prices Equal"
The entire offering has had the
double treatment for cholera. Every
son is guaranteed to be safe in pig
to date given in the catalog or cor
rection made at ring side sale day.
Notice to Pig Club Boys and Girls:
We have been requested by some of
the Pig Club members to offer a
special prize on pigs bought in dam
in our sale. To the boy or girl buy
ing SOW in this sale we will give
$25 to anyone winning lst in the
open show at Brookings Fair and
SIS for a second prize.
The Brookings register. [volume] (Brookings, Brookings County, S.D.) 1903-1971, 1920-01-08

Medary Stock Farm POIar1dS
Monday, 19, 1920
$$SS$ $ @ @ @ @ S:S s S$@ % s S f%%
Arizona republican., 1920-05-21
DOn'f Let the He0f Wear YOu O1gf--

cd9 eds2Iy cNNnge tO cIOIHeS T770J ore ds cooling aS c breeze from the north.
 Get into featherweight tropical suit and be in the height of fashion and extremely comfortable as well. Good form and personal comfort both dictate the wearing of the right clothes for the occason-and when the occasion registers 100 in the shade it plainly says: "Get into your tropical clothes"
Arizona republican., 1920-05-21

ducted. The return will be made by way of Granite Reef dam. The only social function of the visit here will be a dinner rendered the committee at the Phoenix Country club.
 Spenc Night Here
 After spending the night in this city, the committee will depart next morn ing on a trip of two days, visiting the Indian agencies at Florence, Casa Grande, San Carlos and Globe. They will start back to this city Monday morning by motor cars, arriving here in the afternoon. They will leave that evening for Parker.
 The Phoenix chamber of commerce desires the use of six or seven large motor cars for the bringing back of the delegates to this city from Globe. Per sons having suitable cars who are RuD- lic-sPirited and willing to donate their use to the chamber of commerce for that occasion are requested to notfry Secretary Harry Welch by telephone early today