davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-02-22
A Lively Speculation


Question-Wl you kindly tell me what
you know or find out about the capital
stock of the National Tin Corporation? Is
this what you would call wildcat specula-
ton or just plain speculation w. M. S.
Answer-National Tin stock could
hardly be described as Gust a plain
speculation" for the truth is it has
manifested an exceedingly lively
speculative tendency, the shares, with
a par value of so cents, having sold
above $13 on the curb. The author
lied capital is 100000 shares, of
which 100000 are outstanding. The
company claims to have perfected a
process by which tungsten and other
products can easily be separated from
tin in ore which is found in consid-
erable abundance on properties located
at Hill City, S. D., leased from the
American Tin and Tungsten Company
New-York tribune., 1920-02-22
United Profit Sharing

Question-Would appreciate some informa-
ton about United Profit Sharing. What Is
tho nature Of the busness7 1 understand
they have some sort of connection with
United Cigar Stores. Have they ever paid
Answer-The United Profit Sharing
Corporation pays dividends at the rate
OF 10 per cent annually. The par value
OF its shares is Is cents, having been
changed from ST in December, 1915,
when the stockholders approved a re-
duction in the capital stock from
$4,000 900 to $5oo,o0o. The business Of
the company consists Of issuing and
redeemng coupons used by merchants
to stimulate trade. The use of these
coupons has become an important fea-
ture of the merchandising methods en-
ployed by the United Cigar Stores.
New-York tribune., 1920-02-22
Carlisle Tire CORPORATION

Question--Will you kindly advise mo a. to
the advisability of investing In per cent
preferred stock. with bonus Of an equal
amount Of common stock for the Same con-
sideration. in the Carlisle Tire Corporation
Il. X.
Answer-The Carlisle Tire Corpora
tion Is said to have secured full con-
troll Of patents for making cord fabric
which Is used in the construction Of its
tires, which heretofore has been manu-
factured under license at Andover,
Mass. The company is said to own ten
acres of land at Stamford. Conn, on
which 1t purposes to build q plant Of
Its own. The contract for the first
unit Of this plant, which will give a
capacity Of 400 tires a day, is reported
to have been let, and the officials of
the company expect it to be in opera
tion by the middle of June. Addi-
tional units with a similar capacity, it
is said, will be erected as the finances
Of the company permit. Enough stock
is said to have been sold to provide
sufficient funds for the construction of
the first unit and equipping 1t with the
necessary machinery. Meantime, the
corporation intends to continue the
manufacture Of tires at the Andover
(Mass.) plant, which it has under lease.
Assuming that it's present efforts to
finance itself by the sale Of $4,000, 900
of per cent cumulative preferred
stock prove successful, it's earning
ability remains to be demonstrated; F;
therefore, the stock, we believe, offers
nothing more than speculative posi-
bilities.
New-York tribune., 1920-02-22
A Junior Preferred Stuck

ousstion-Would you kindly let me know
~nst snd y you think OF the Kelly Springfield Tire
stock as an investment? Why has It besn
selling below par? What is your opinion Of
Baldwin Locomotive Companys common At At
around ar; llo; also, Westinghouse Manufactur.
Of Liberty bonds gives the best returns ''st at
tho present prices ?-R. F. S.
Answer-The Kelly Springfield 8 per
cent preferred stock is junior to the 7
per cent preferred stock 1t has no
voting power except in the case of dis
solution or liquidation. or when it is
proposed to issue securities having a
preference over this issue. The stock
sells on about the same basis with
New-York tribune., 1920-02-22
Keeping on Right Track

Question: am sending you my list of Sc
curities. 1t has meant seven years work to
get them together. Am on the right
track? II you find my Judgment is not
good or the list is not well balanced. please
say so. 1t is not hard to get money "a
1t is to take care of it, and. believe me.
don't want to lose t.--Miss z. r. B.
Answer-Your list of Investments
does not allow much room for criti-
cism. It is refreshing to hear from
one who has shown such good Judgment
In placing. hard-earned savings In se-
curities which, on the whole, offer a
reasonable degree Of safety both as to
principal. and interest. We congratulate
you for having picked only one lemon"
out of thirteen chances, especially as
the amount is small. Atchison common
under the present unsettled order of
things in the railroad situation, is pos
sibly too speculative to be classed as a
good investment at the moment. hut
altogether we would say you have sue
ceeded in keeping on. the right track
For the sake Of diversifcation, which ia
always desirable, we might suggest
that in making additions to your hold
lngs it would be worth while. to con
slider a few we'll seasoned industrial
bonds or preferred stocks.
New-York tribune., 1920-02-22
Alaska-British Columbia Metals

Question-Wil you kindly advise me what
the future prospects for Alaska British
Columbia Metals stock as a speculative VEN
ture at the present price. Is cents per
share?-L. J. F.
Answer-No report, so far as we
know, has been issued recently by the
Alaska British Columbia Metals Com
pany to show how successful it has
been in developing production. TO at
tempt to say what the possibilities are
for the stock is out of the question,
since the future of the copper market
is shrouded in uncertainty, and the
ability of this particular company to
operate profitably has yet to be DEM
onstrated.
New-York tribune., 1920-02-22
Niagara Falls Power Surplus
Equal to 1882 q Share in 1910

The consolidated income account Of
the Niagara Falls Power Company and
the Canadian Niagara Power COMPANY
Tor the year ended December 81, 1919,
disclosed surplus after charges Of
$2'oS4'o56, equivalent after per cent
preferred dividends, to 1882 a share.
$loo par, earned on the $14,4s4. 500
common stock, against $1.so1 ,6s3, or
$7.56 share in 1918.
. Total operating revenue in 1919 ag-
gregated $5,oss,1oo, an increase Of
$ol'734 over the preceding year. After
expenses etc, net was $3,17O,542. Bal
ance a1ter an charges was $2,O84.O66.
New-York tribune., 1920-02-22

turn of the railroads to their owners
The Howe Sound Company paid an
initial dividend Of s cents share in
April, 1918, and has made quarterly
payments at that rate ever since. The
par value Of tho stock is only 81, and
while the company's operations have
been successful owing to the high price
of silver in the last two years. the quo
tation you mention for the shares
would seem to discount good deal In
the way Of future prosperity. AS a
bilities, but wa would not class it as
an investment. United Retail Candy
Stores, Inc, has not paid any dividend
nor has the company issued any state
ment Of earnings. The stock is specu-
iation.
New-York tribune., 1920-02-22
Prospects Rather Dim

Question: should be glad to have you
tell me what you can Of the financial stand
ing of the hackers of Ertel Oil and what its
prospects are. This stock is traded on the
New York curb.--J. l.. M.
Answer-The prospects for Ertel OIL
do not appear any too bright. Two
wells drilled by the company on its
holdings in the northeast corner of
Comanche County, Tex, have proved
a big disappointment. The first of
these wells, according to an official of
the company, came in with a flow of
$50 barrels daily and the second with
200 barrels. but the production of both
wells at the present time is only about
fifty barrels a day. Operations are
now confined to fairly large acreage
controlled in the Bull Bayou district
in Louisiana, which is said to offer an
inviting field for wildcatting. One
we'll being drilled in this section is
down 1900 feet. The men behind the
company seem to be actuated by honest
intentions toward the stockholders.
New-York tribune., 1920-02-22
Well Protected Preferred Dividends

Question-Wiu you kindly give me the
names Of the best per cent preferred stocks
for $1,000 investment7 Most bonds are
taxable here. as I understand 1t. Preferred
and common stocks are not.-W. l.. H.
AnswerThe following preferred
stocks are of corporations whose earn
ing power has been good over a period
of many years. The margin of earn
ings over preferred dividend require
ments is ample enough to entitle the
stocks to q good investment rating at
present: American Tobacco preferred,
American Sugar preferred, United
States Steel preferred, Central Leather
preferred. United States Rubber pre-
ferred, Virginia. Carolina Chemical
preferred and National Lead preferred.
New-York tribune., 1920-02-22
On the Curb

Question-Have you any reason to believe
that washing" of stocks is at present in
dulged in to any extent the curb? Is
there any curb governing board which IN
vestigates companies before their stocks are
permitted to be dealt in or is any broker at
liberty to introduce an unknown stock
Does The Tribune accord its readers that
protection which might be afforded. in a
negative way at least by not quoting stocks
of companies the integrity of which are not
known?-P. D.
Answer-"Wash sales" of stocks on
the curb, We understand, are Of fire.
quent occurrence, but it is difficult to
prove that they take place. While there
Is governing body which investigates
companies whose stocks are regularly
listed by the New York Curb Associa-
tion, there is nothing, so far as we
know, to prevent broker from offer
Ing on the curb market any stock in
which he pleases to trade. The Trib-
une does not censor, neither does it
assume any responsibility for, the quo
tations on curb stocks, but publishes as
complete list as is available.
Question-Would like to have your kind
advice as to the following different invest
ments. Have very limited sum to invest
but have been told that the following were
Of .I good grade at present prices: $1,000 st:
Su.t LdHSlSSO pElOT lien Z per CSHt
bond. due 1850, to yield about per cent.
series a.; also Howe Sound Mining Som-
pany, around 81 share. Has been paying a
dividend for past years. Also, United Re
tail Store Candy. around $14 a share. do
not know if this is dividend payer or not
Would be very thankful to have your opinion
on these investments.-A. F. NJ.
Answer-The St. Louis & San Fran
cisco prior lien per cent bonds, ow-
ing to their high yield at present
prices, appear to offer rather attrac-
tive Investment The bonds are we'll
secured, but in buying them you must
take into consideration the uncertainty
which prevails as to the future of rail
road operations and earnings under the
proposed legislation governing the re-
New-York tribune., 1920-02-22
Allied Oil

Question: have been advised to buy
Allied Oil. At its present low price is it a
desirable stock? Is it a listed security on
the curb H NJ N.
Answer-The desirability Of buying
Allied Oil stock depends on whether it
is your intention to make an invest
latter case it would probably suit your
purpose we'll enough, but in the former
we would not recommend it, The COM
pany has considerable production Of
both oil and gas, but no statement of
earnings is available 1t pays divi-
dcnds at the rate of per cent quar-
terly on 2,516.265 shares Of outstand-
ing stock of 81 par value. The stock
is not listed on the curb. but is traded
in there
New-York tribune., 1920-02-22
First National Finance Corporation

ousstion.-Can you give mo any informa-
ton relative to tho First National Finance
Corporation stock being sold by H. o. Fette
& COL 1s the Finance Corporation In
oper.tton3 Their stock Is 500 par and they
ask $125. Why is this price being asked .
H. M.
Answer-The First National Finance
Corporation Is still in the prospective
stage. The promoters say that so far
they have sold about $4,000 Of the
preferred stock, on which $4,000 has
been paid. The company is capitalized
at $1,ooo,ooo preferred Z per cent cumu-
lative, par $100, and $2,000,00O com
mon, par $40. They are Offering one
share Of the preferred and five shares
Of the common at $125. The prospectus
states that the company will transact
business in the United States and for
eign countries, making a speciality Of
financing Juvenile industries with
established, profitable business prin-
ciples, ably managed on a paying basis
and having demonstrated their ability
of greatly increasing volume and
profits with additional capital"
New-York tribune., 1920-02-22

other securities Of tho Same grade. On
account Of the large earnings Of the
Sery Sempan a tns nsus rs rsns snted Sata to
Locomotive is SO speculative in charac-
ter that we cannot attempt to advise
you as to at what price It should be
purchased. Westinghouse shows good
earnings, and at $50 share returns a
good yield. The third issue Of Liberty
bonds returns the largest yield at
present.
New-York tribune., 1920-02-22
General Baking Earned
$l4.68 a Share IN StO

Net profits Of the General Baking
Company for the year ended DecemoU
~, 1919, Nwere $870,605, equivalent =
$l4.68 share, 800 par, earned on y.
$o,925,00O per cent preferred stoeA
holders Of the preferred shared $si>
100 in dividend payments, leaving
$4b6,Sb6 surplus. Profit and loss psf
snce was $2,l24, ,402.
New-York tribune., 1920-02-22
Investment Information

Qwestioxs ej general imtsrest e
javesters spitl b aMssosrsd In thje
eslwxsx, IN schicA case only initials
will bs xsed. Others oill b an.
ssOsysd BY ssssl. Addysss al a..
Qwiyiss, i'sclosinc stamped, I'D.
9vssssd envelope 70 Financial Editsy.
TAs TsibMws. iS4 Nassaw Strsst. Ne.s
Yerk City.
New-York tribune., 1920-02-22
Stock Is Well Seasoned

Question-Will you kindly give me vou,
opinion regarding William Whitman 'per sr
cent cent. preferred stock at par for an invest
Answer-The William Whitman ner
cent preferred stock is entitled to a
good investment rating. 1t Is an old
concern, doing large business. It's
earnings are many times preferred divi
dend requirements.
New-York tribune., 1920-02-22
Buying FOREIGN Money

Question: propose to return to England
this coming summer, and would like your
advice as to how l take advantage of
the present exchange rates to the amount of
about $4,000. / would like draft payable
In the number of pounds named In the draft.
not depending on the rate of exchange when
l get there.-T s. S.
Answer-There are several ways that
you can achieve your purpose. If YOU
have the $4,000 Immediately available
you could arrange through any of the
large banks or trust companies to have
it converted into pounds or any other
foreign currency. Inasmuch as you
will not use the foreign money until
next summer, you will not want cash,
but bank credit in responsible Brit
ish bank or foreign branch of an Amer
lcan bank or trust company. Such a
balance in foreign institution, which
you can buy with your $4,000, will bear
interest at the current rate in London
You would thus get your pounds at the
present rate, and the rate Of exchange
prevailing next summer would have no
effect on the amount Of pounds you
would own. On the other hand, if YOU
are not prepared Immediately to turn
$4,000 over to a bank or trust COM
from any trustworthy bank or trust
company. The rate quoted will be
slightly higher than the prevailing
market rate, but will be fixed at the
time that you make the arrangements
and will not be dependent on the pre-
vailing rate next summer. Unless the
credit of the buyer of future exchange
is especially good and known to the
banker, he is usually required to put
up margin" at the time of purchase.
The advantage of this method is that it
will give you the use Of large share
OF your $4,000 in this country until you
need pounds next summer.
New-York tribune., 1920-02-22
Cities Service

Question--Noting your comments in the
issue Of Thee Tribune of February 1S as to
inc comparative value of American Light
and Traction preferred and Cities Service
preferred, and also to similar comments in
previous issues of The Tribune with respect
to Cities Service stock. in which am inter
ested. am wondering If. In view Of your
statement that the Cities Service Company
Is largely engaged In tho oil and gas bust
ness you have ever seen a copy Of the an
nual report of that company. This report
shows that the Cities Service Company Is
very largely engaged in the operation Of
public utility properties widely scattered
over the country, which is desirable, because
any local conditions affecting one property
would not affect others The American
Light and Traction Company is also a public
ut1ioy proposition. Further, the Cities
service Company only during the last few
years became a factor in the oil and gas
business az the result Of the fortunate And
ing OF valuable oil deposits on its properties
Having in mind that both the American
Light and Traction and Cities Service con,-
panies are in the first instance operating
public utility companies. with the added
advantage to the Cities Service Companv of
having valuable oil and gas propert;a: T.
seems to me that it is not quite fair to cIsss
the Cities Service preferred stock .n,are
speculative" I realize that the Ausr;car
itaaa Light al. and Traction Company preferred
STOCK has = better dividend record Ms a
whoie. but both companies. being primarily
pubic utility companies, and with The
strengthening OF the Cities Servtev Company
New-York tribune., 1920-02-22

advisability OF purchasing Transcont;nertai IN !
On Pierce Oil common and Sinclair OH at
prevailing prices &C. K. -
Answer-1f you contemplate purchas-
ing these stocks in the belief YOU would
be making an investment you are. Of
course, mistaken, since they are all
speculative. II it is your intention to
speculate We cannot undertake to ad
wise you. The companies you name are
legitimate enterprises and in view of
tne shortage Of oil may have good
Iutufes, but that is something about
wn'cn mere is that difference Of opin-
ION which makes speculation markets.
New-York tribune., 1920-02-22
Philadelphia

81 Allan In war So ~
30 Am Stores.... AK Az az &lX
Elec Storage 1l3 l13 Ils lls
43 Ins Co N A 9jA sx ga ~
ISL Keystone Tel. 12 10 II II
400 Lake Sup Corp IS IA l7I lfS
IS Phila Elec 2A7s 2IH24 241
500 Phila R Tr. 30 23L 23 23A
Bonds
$1,000 Phi Ell Is. 6s.. eox sou son soA
1000 w N ( & Pa IS SO 50 60 90
Imperial Valley press., 1920-05-22
7. WILLIS TALKS
ON CHEVROLEYS
MANY ADVANTAGES

"a comr,N ~ jl car is judged on
tire basis of it, operating costs
costs that can be figured in terms Of
money and time says P. Willis, local
dealer in Chevrolet passenger and
commercial cars.
"Cne Of the principle items OF
expense is gasoline. Another is tires.
Economy in these items therefore is
important.
IN selecting commercial car
care should he taken to see that the
motor, in addition to being mechanic
ally dependable, is known for its
economy i'll fuel consumption.
THE capacity of the truck should
be SO we'll propCrtioned to the power
rs to result in further saving of
fuel; and also in saving of tires.
Furthermore Commercial car S
should be equipped with electric
starters. This is an important feature
in saving both gasoline and time.
"The inconvenience of cranking the
motor by hand is unpleasant to the
average driver 1t is common
Imperial Valley press., 1920-05-22

practice, therefore, to let the motor
run while the car is being loader CT
is standing at a delivery stop. THIS
is a waste Of gasoline and runs into
considerable money in time.
"Thc electric starter eliminates
this expense by eliminating the in
convenience which causd it.
I'm addition the electric starter
saves the time required to set the
control levers, walk to the front of
the car, crank cold engine, and
climb back to the seat.
"The combined saving of time and
fuel effected in this way is sub
stantial item. 1t is practical con-
tribution to the greater economy of
commercial car TRANSPORTATION"
Imperial Valley press., 1920-05-22

The survey will have for its main
object the erection of an iron fence
similar to the one now protecting
the border at Melisali- CaleXico. 1t
is proposed to run this fence from
the right bank of the Colorado river
from point opposite the interna-
tional boundary monument 206 to
monument POS. This would divide
Andradc, California and Algodonnes,
Mexico, leaving but one gateway. The
fence should prove big aid to the
customs authorities on both sides of
Imperial Valley press., 1920-05-22
JAPANESE RULERS
HEALTH IN BAD SHAPE
By Associated PresS)

hOkIO, May 22.-Court circles are
very much concerned over the cmprr-
cr's health. His condition is such chat
the court doctors have advised indie
finite rest from official duties and the
crown prince is already representing
the emperor at state functions.
HERE'S A CURRENT TOPIC
SINNER, Tex.-What's in q name?
Even this city has to stand for a 25
per cent raise in light rates.
Imperial Valley press., 1920-05-22
TO ERECT FENCE ON
LINE AT ANDRADE

The governments of the United
States and Mexico have appointed a
commission to definitely define the
boundary line of the states of Cali
fornla and Baia California, Mexico.
Captain j. d. Cleary, United States
engineer corps, will act for the Unite 4!
States and Joaquin Palacio. civil Ell
gineer, for Mexico.
Imperial Valley press., 1920-05-22
AND THE PEACE Pipe?

ANTE. OAla-An air?lane and
costly automobiles supplanted horses,
and richly colored silks and satins
took the place of the old tribal garb
when Usage Indian oil-m1liionair2S
came to their first dance Of 1920 here.
Imperial Valley press., 1920-05-22
NICK CAROS WANTS
a WIFE, ADVERTISES

Nick Caros. who lives on West
Main street, wants wife.
Sc in this issue Of the Imperial VAL
lev Press Nick is advertising for a
wife.
Nick says he is % years old and able
to support wife.
Here's your chance. girls. get busy.
Imperial Valley press., 1920-05-22
RAILROADS GIVEN
HUGE SUMS TO BUY
NEEDED EQUIPMENT
Cky Assoclated Press)

.WASHINGTON, May pa loan
of at least $125, 100000 out of
$300,000,000 revolving fund to enable
railroads to purchase the equipment
necessary for present transportation
needs of the public was approved
today by the Interstate commerce
commission.
Imperial Valley press., 1920-05-22
TRUCK CARAVAN
LEAVES EARLY
For SAN DIEGO
With 30 Tors of Grain Huge
CarGUap LedCeS at D0ybreul.
for Longest Days Rus, Of the
Entire TTip.

With Tho Io,.,~o-+ c.,. 49, r. -,
o+;ra +r; hoFore t ICY t,o ~ c, ~ SH1
TrIni I!ip 1870 $500 - '''si ~ NJ oae SIMPLY
49, n,,or,,;r .'i no1o 80 10 G Ld
go, ,.- NV. l.i's el~ Nh 'iie -
bo Y,r T tba s+ e! oa il" + WIN ,o iop; ;b
WOW, '0i -' ,,,as ad '''e P-'Seu ing II
We" ~; "' > i tl'o f,s4 d.. ,n, 49, 4ho
,o+,, MS ~, 10 'ie III 1i91 u"S n1 ,, VI, ens
Gu A III T le .'N.tn WI ieT az
n icb+ s+o,s vl q b. 40 10 WYNN W ca8 nia
i,t 5a q SCop II! " On ll',,' ; ~ os', D'eo
Tbo ' no'ls, 'i.0 t al -, e,'' a
icalod MI, ,,.,tb H. u, - ~" ,i .,il
t ,l'3e 4 ta 1 o,s .,X ''e
'G'' ~ ~ '' C.i r,'ie4 -, I'llt5 Cow
,,,o,.'o '.,, Ianc,'at g. -, Nv
h ~ Vs., L
a. nvc o., i'I - = ~ , 90 ',ol
1la o','' - = - '''1 49,
n andod 49,, i's Cr ~ H. Onsr% ,:, e.
C,1 -, %C,aif &c III ~ Ia u'l' 's
Gol.'0 ", '-.,,,t " 5iic ~ S,'JA Oasi
~ 80 w; ImJno an 'G-'e T a.
cav ~ in:ob+ 80 so,n rF +bo rnnj
So go ,t 100, 49, .5J'i,V tlt ior.'
Imperial Valley press., 1920-05-22

the line in maintaining ordd' and en-
forcing the custorls and immigration
Of both Mexico and the
United States
Imperial Valley press., 1920-05-22

Family leaving for the summer?
Store your piano and household goods
IN the basement of our reinforced
warehouse. Leaving the Valley? Let
Cur experienced man crate and pack
your goods for shipping Daily truck
service t. San Diego. Phone | Ter
rates. Pioneer Truck & Transfer 20,
Imperial Valley press., 1920-05-22

MUSHROOM, Mike" vet
e"an fire here, sold BY the fire de-
\, t~.cut 10 Inc water deDartmcnt, re-
fused to work Until his driver Gorael
q !uem24's Inform.