davidaulloa/AmericanStories huggingface dataset:
The copper era and Morenci leader., 1920-08-13
ERHARDT MURDERS TO
 BE DISCUSSED


 Phoenix general conference to be participated in by every county official, police officer and deputy sheriff who was connected with the investigation of the murder of MT. and Mrs. Jacob Erhardt here on the night of June 6, will be held upon the re- turn of County Attorney L. M. Laney, from California, it was announced Wednesday morning by sheriff John Montgomery, who returned to Phoe- nix after the interview with Nose Gibson at San Quentin prison Satur- day afternoon. Attorney Laney is not expected to return for at least another week.
 While there is no doubt in either his or Attorney Laney's mind as to the guilt of the condemned negro, Sheriff Montgomery stated that he thought it advisable to call the con ference of all the officers who were connected with the case and enter into a thorough recapitulation of all the facts which have been brought to light through Gibson's story, told to te county officials Saturday, in the prison yard. merely to settle all the points of the case in the minds of the officers on which there may still be some uncertainty.
 When the county attorney returns, and after the general conference, Jesus Barboa, Mexican, who first ad mitted having committed the Erhardt murders probably will be given hear ing in a Phoenix justice court. He still is under observation at the state hospital.
 It is believed that the Mexican will be speedy acquitted of the charge oi the murder, which he now faces, wher the facts of Gibson-s story to county officials are aired in court. Barbos probably will have hearing also tc determinate his sanity, the genera opinion of officers, who talked witt him being that the Mexican is mental | ly irresponsible
The copper era and Morenci leader., 1920-08-13

dent Anglo-Americans who knew him.
 Equally precocious in politics, Van Buren was chosen a delegate to a political convention before he was of age; was appointed county surro- gate at twenty-five; elected to the state senate at thirty; appointed at torney general of the state at thirty two and at thirty-eight he was select ed a senator of the United States. Already he was at the head of the Albany Regency" which continued
The copper era and Morenci leader., 1920-08-13
~.(Miss) A. M. Loehf.

Leslie Hardy, of Nogales, at present county attorney of Santa Cruz coun- ty, and former assistant attorney general of the state, was. in Clifton Friday and Saturday of this week. In the present campaign MT. Hardy is candidate for Attorney General of the state in the Democratic pri. maries.
The copper era and Morenci leader., 1920-08-13
|H M @ E G @ G 70 E M @

:. Georgette crepe remains the favorite fabric for blouses and autumn presents it in adorable styles Among them are two-color models in which dark and light colors are combined, as shown in the picture above.
The copper era and Morenci leader., 1920-08-13

If nominated and elected promise to become the active agent of the people of the State of Arizona at the national capital will work necessarily for legislation that will intensity the prosperity of people and will eventually the brightest star in the galaxy of states As to my ability good this pledge refer to my record in 1908 when assured that would secure statehood for during the first congress
 succeeded placing the 18th the machess canopy of blue. On this pledge can have your support?
The copper era and Morenci leader., 1920-08-13
Has Never Seen Their Equal

"E have used Chamberlain's Tablets for stomach trouble, biliousness and constipation off and on for the past ten years. I have never seen their equal yet. They strengthened my diges tion, relieved me of headaches and had mild pleasant action on my bowels. 1 take pleasure in recom- mending them'' writes H. D. F. Par menter, Cridersville, Ohio.
New-York tribune., 1920-12-26
Motor Car Insurance
Cancellable in Winter
If Car Is Not in Use 1t Will Be
Wise to Drop Some Coverage

An average automobile owner insurcs
his car in the touring season time. which
is the beginning of May, and uses it
until probably December From that
period Of time on the assumption of
liability by the company decreases each
month, for the hazards become lesss The
insurance premium and coverage charges
ana the real profit are derived during
the midwinter months. ,e,..I
W course, some owners discontinue
the Insurance and obtain return pre-
Tnlums on the basis of the short rate
'ab.e, which is 10 the financial interest
OF the company. II is reasonable to ex
pect that the hazard viii! not stav on
ne same level az all times. The less
Usage Of the automobile, the less hazard.
ncre Is less adjustment Of clairns in
ne winter months and the comnanics
men nave an opportunity Of figuring
thcir profit, which sometimes is small
II an automobile owner does not use
nis car IN The winter it would be good
common sense 10 cancel the insurance.
par,1cu!arly if the policy was issued
curing the tonr;ng months. OF course.
mere are many who are very lax in this
regard. the car is put away in dead
ss'rage, and the premium being paid
"a aI'ahce some ag8ureds do not bother
-, ~ 'Deaih return premium and permit
.ne poiicy automatically to expire upon
Ns expiration.
,.. the suggeasion ar to canccllinz the
~1''noolle protection should only ap-
-. ~, ~ the car is not used, 70 liability
d's1Iy camage and collision, but un-
,h.f, -" circumstances should fire and
.hsi. eoyeraze be el!minated for Hhjle
n 's1 's not in use the hazard is still
open 70 thief. and fire +. n G E
New-York tribune., 1920-12-26
Has Done Enough Gambling

Question: greatly appreciate your IN
vestment Information, and If had followed
it would be better oft to-day, but like
good many others 1 followed brokers'
the following STOCKS for which paid
considera bly, higher prices: Allied OIL
Divide Extension, Gold Zone, Nivaudou.
Do you have any opinion on any of them
or should they be charged to experience :?
noticed that Chicago g. Alton 3Aas arc
interest and IL 80 do you regard it as
business mans speculation? Would also
like to know II you consider Frisco In
come 6a speculation or a gamble.
have done enough ganbling.-H. l..
Answer-1t may be that tho stocks
you have purchased will some day
prove to be more valuable than at pres
ert. If you charge their purchase up
to experience and anything does de-
velop on the upward side you will be
just that much better off. Nivaudou
has been very fair Garner, however.
1T was foated at time when specula-
ton was rife, and prtbabfy solhnfar
above it's real va}uei .iThis osteek ,rnay
eventually prove to be good one.
Chicago & Alton sls per cent bonds
pay their interest, but the bond is not
q high-grade issue, as you probably
know from the price. If railroad rates
prove to be such that the road can
materially increase its earnings, this
bond may assume a better basis. It's
position, as we'll as that of the Frisco
income IS, is such that it is sensitive
ITO earnings Therefore both are specu-
latiye
New-York tribune., 1920-12-26
Pitfalls in Partial PAYMENT Plan

Question: would like TO know what YOU
,mlnN ,t.I.l or the partial payment or the
stocks as an Investment; that is. u nIan
OF ~ per cont down and the rest in
monthly instalmcnts. With stocks low
this gives ono Il chance to at least begin
acquiring tnom. The firms adye-tisina, :,
this plan. however. do not seem to be
the better known brokers' Would a mar
sln account Con safe margin) with a
reliable firm be better method III L.
Answer-Reasons why most of the
better known houses do not handle par
tlal payment accounts are that they
ere troublesome to handle, expensive,
and many investors" try to use the
plan to camouhage speculative trades.
Right here is where the bucketshop
gentry come in. Shady brokers dill.
gently go out for this class of business
and write the orders on thefr cuffs 1t
is not especially risky. because the
class of people interested, experience
shows, is quite likely to be on the
more the life of the contract is long
enough SO that Mr.. Bucket can com
plete his end of it at profit over the
purchase price. There is practically
no chance that the client will walk
into his Office and pay for and demand
stock that the broker has not bought.
One Of the danger signs in this bust
ness is fiat charge Casually per
cent? for unpaid balances. 1t has been
long time since an odd lot broker has
been able 10 borrow money at that rate,
especially as the banks charge him q
subs tant.al premium over the regular
ia tie on small quantities Of stock.
Therefore when you 60 into the partial
payment plan you should be able and
willing to pay fair interest charge.
- irh
10 per cent. That eats into your divi-
dcnds. Brokers are not giving money
away, and if they do not charge their
odd-lot friends as much as, or more
than, the money costs, they have got
to make it up some other way, perhaps
in the manner we have sketched for
you. DO not adopt the scheme unless
you are genuinely investing in good
securities and intend to mold them and
are dealing with good broker Some
Of them doing this class Of business
advertise in The Tribune. You can
adapt a margin account to the ends you
UCSlTG
New-York tribune., 1920-12-26
Working Man to Invest $4,000

Cuestion-ln few days shall have
about $4,000 to invest and should like to
submit the following list for your inspec =
ton and advice: Allis Chalmers per
cent preferred at 72. Worthington Pump
Z per cent preferred at II. Virginia Caro-
lima Chemical Company 8 per cent at u,
Republic Iron 6 Steel per cent at 50.
American Smelling per cent preferred t
90. Baldwin Locomotive per cent pre-
ferred at 90. l should Ike to know the
yield on these stocks and the degree of
safety. When a stock goes below par. Is it
customary to reduce the interest or do the
companies usually keep on paying 1T as it
cannot afford to lose anythinE.--J. c. NJ.
Answer-1f you cannot afford to lose
you should, we think, look for higher
class investments than that you men
tion, although there arc some which are
deserving Of consideration. In yo\'
case, perhaps, conservatism is not out
Of the way 1t is far better to obtain a
lower rate of interest and feel that
your principal is safe than to have Il
high rate and worry. Such securities
as United States Steel per cent pre-
ferred, Standard Oil of New Jersey T
per cent preferred, National Biscuit T
per cent preferred and American Sugar
Refining 7 per cent preferred, to yield
around per cent, are entitled to better
ratings than the stocks you mention.
In order TO compute the yield on stocks
divide the selling price into the amount
on I no dividerd Dividends are paid on
par. The selling price does not affect
the amount Of dividends
New-York tribune., 1920-12-26
His Savings Well Invested

Question-Kindiy advise mo regarding
the following securities. Ny savings. from
several years work. are invested in the
llowing stocks. and would ask II YOU
would suggest selling any OF them: Nlr-
gnia- -Caroiina Chemical per cent cum
ulative preferred: standard OH Of Now
Jersey per cent cumulative preferred
Southern Pacific per cent stock Anerl-
can Telephone 6 Telegraph Company s
yer cent stock: Pacific Power g. Light Co.
per cent cumulative; Niagara Alkali
Company per cent cumulative preferred
Cities Service Bankers shares New Haven
Water Company per cent stock; United
States Liberty sd ~ bonds. I am looking
for safety and steady income for tho future
and not incrcase In selling price.-P. +.
Answcr--With the exception Of
Cities Service Bankers shares your Sc
curitics arc high grade and there may
be no objection to your holding q
proper proportion of them. This stock
s necessarily speculative, because it IS
highly sensitive to earnings. Southern
Pacific stock is somewhat speculative,
bu. wo soc no reason why you should
be concerned over It. 1t is our opinion
thnt good railroad stocks may be pur-
erased by the business man with safs-
~, because VIC believe the railroads vail
ret Il SQUARE deal.
New-York tribune., 1920-12-26
Rubber Notes Better Than Stock

ouestion-wili you kindly advise me as
TO which would be the better investment
United States Rubber 8 Per cent first pre-
ierred stock or United States Rubber To-
year u per cent geld notes August i
1890? Also your opinion as TO the sound
ness Of investinent New York. Westches,er
Il Boston bonds u I946 all Of these bonds
suara nteed as to principa! and irteres, by
the New Haven. Aas the interest on these
bonds ever been In default .-D..E &
Answer-The ~ per cent notes Of
the United States Rubber Company are
an obligation OF the company. There
fore they are entitled to a better rating
than the preferred stock. New York,
Westchester & Boston bonds are guar
anteed by the New Haven road, but in
terest has never been earned. In fact,
during some years operating expenses
were not earned. The New Haven has
slways paid the Interest, however, The
New Haven road is not operating very
well, and therefore its guaranty is not
strong one. The bonds are not en-
titled to good rating.
New-York tribune., 1920-12-26
Type Founders Stock Record Good

Question-kindly give me your opinion
Tor investment of the following. Emerson
6 Branting ham Co. per cent preferred =;
eent MmfTlcsn Mia TyPs Founders common per
Answcr-There are % per cent Of
hack dividends owing on Emerson
Brantingham preferred stock, and dur
ing the year the president Of the COM
pany SAID sit was deemed inadvisable
to undertake any plan looking to the
payment, in whole or in part, of these
dividends for the present" The company
has not been very large Garner, and
the variations in earnings for the last
six or seven years have been so great
that we cannot give the preferred stock
a good rating. American Tyre Founders
stock has very good dividend record.
per cent having been paid on the
preferred and i per cent on the COM
mon for many years. The earnings
have always shown ample margin over
these dividend requirements, and while
the common stock is naturally sensi-
tive to earnings the capitalization is
conservative and this stock may be
given consideration as business mans
investment
New-York tribune., 1920-12-26

2S5 for the same month in 1919, but
expenses increased from s9,0S0,909 in
September, 1919, to S11 ,024,4 456 in Sep
TEN ber. 1920, leaving. after taxes. etc,
Z balance OF s1,l35,947, against S1,99s,-
55S. The average mileage operated,
too, increased sixty-eight miles in Sep
tember, 1920. From January l to Sep
tember so, 1920, the net after rentals
showed deficit OF S1.131 ,534, against
surplus of s7022,5s9 for the same
period in 1919. 1t will take some time,
IN our opinion. before one can properly
gauge the result of operations. In
he meantime the preferred stocks of
his road are not earning their divi-
dends. This condition is very likely
20 change, Yet under present conditions
TIE stocks should not be given 8 good
investment rating.
New-York tribune., 1920-12-26
Investor Can Improve His Yield

Question hat do you think about sell
ing Dominion of Canada bond, pei
cent. due 1925. and buying a Dominion
of Canada y due 1929? [ have one of
the former. Also. Is there any advantage
in selling g first mortgage Michigan Cen
trail main line ga per cent bond due 1852
and Morris & Essex first and refunding
~ bond. guaranteed by tho Delaware,
Lackawanna Il Western Railroad. so that
proceeds can be reinvestcd &c. NJ.
Answer-The only advantage in
Changing from Dominiun Of Canada S
per cent lA26 or q s.. per cent 1879
would be TO give YOU Il slightly longer
lnvestment. The yields are about the
same at present, 705 per cent on the
former and 7.ll per cent in the latter
Both Michigan Central 31a per cent
1852 land Morris & Essex 3la per cent
are very high grade issues. We see no
advantage in holding them. You could
obtain safe investments to yield you a
higher return. A few arc Chesapeake
Ohio general 41a per cent 1902, Chi
cago, Milwaukee & St. Paul general A
per cent 1882 and Chicago, Rock Island
& Pacific general a per cent 1888, all
entitled to high ratings.
New-York tribune., 1920-12-26
Railroad Outlook Still Uncertain

Question: own some Rock Island B
preferred stock I would appreciate your
opinion Of this stock. Are The dividends
reasonably we'll assured under tho. new
rates? Would you consider It, likely to
enjoy an advance in price when conditions
improve' Tho stock to be quite
neglected, although paying about per
cont at present prices. Some people assert
that the Rock Island will earn much as
sl3 or SIS share In the common after
payment Of interest and preferred diVi-
dends. Is this anywhere near correct?
II. r.
Answer-It is not possible now, we
think, to tell what the results of op-
erations will be Oh any railroad 1t
is we'll known that most OF the car
riers need new equipment and new
rails. While rates were increased, as
OF September /, it must be remem-
bcred that wages were increased also.
The month of September is perhaps no
very accurate guide as to earnings,
for during that month there was con-
siderable readjustment. The Rock
Island reported for September total
revenue of Sl2767 POS, against $780,
New-York tribune., 1920-12-26
Plans Switch to Make Uu Loss

Questior--Recently J was advised TO sell
sono International Mercantile Marine s
per cent bonds, due 1941 at a price which
showed me a 10 point loss. and as now
have some new funds available and want
to make up this loss l am wondering
whether YOU could suggest to me some sa q
bonds selling at around so which could
reasonably expect TO be redeemed at par
within the next twenty years. I notice
that tho Swiss Government rs. due 1929
are now selling at around S2 and assum-
ing that this Will be redeemed at ma
turity. would be sure to make up my loss
within ten years. and | would appreciate
your advice on this point. also have for
investment about 5000. which would
Ike to put into some long term bonds Civ
ing me an income Of per cent or moro,
and would thank you to suggest a few
securitica to me. What do you think or
also Chicago, milwaukee, G. St. Paul con-
vertible 41as and 5s? How about Swedish
6s. 1890. selling at 7s' Would this be a
better switch than the Swiss 5i4s?-C.
" {.
Answer--We cannot attempt to say
what the various foreign governments
will be able to accomplish during the
next ten or twenty years. The nations
and the foreign cities you mention al
ways have paid their debts when due.
These arc most unusual times. We
can therefore only base our ,ratings
upon past performances. We believe
Switzerland will be able to manage its
affairs as it has done in the past, but
this is only an opinion. Perhaps the
51a per cent bonds, due 1887, Of the
United Kingdom of Great Btita and
ireland are entitled to a,better rating
than those foreign bonds you name.
There arc several issues Of sound bonds
which mature within twenty-one years
and which may serve your purpose
Among them are Illinois Steel AZ per
cent, 1910; Northern States Power 5
per cent, 1941; New York Telephone
AZ per cent, 1889 The following .. is,
Yues yield 6 per cent and are entitled
TO good ratings: Chicago, Milwaukee q
St. Paul general a per cent, 1890; hi
rois Central 4 per cent, 1858, New
York Dock first q per cent, 1851; Gin
cinnati &, Ohio general Az per cent,
1892; American Telephone and Telc.
graph per cent, 1916. The st. Paul
Convertible ~ per cent and 5 per cent
are not Of the best grade. They are
junior liens and the road must, show
great Improvement in earnings before
its junior bonds viii be entitled to
good ratings.
New-York tribune., 1920-12-26
Heats Radiator Water

"moHH t6e intercntjny nnw attanb
ments for winter use on ro"tor ~srs
~. - remittance coil appliance for The
5a ,rIs. manifold which by means Of vary.
.ng the resistance increaaca the heat If
90 rs water Ia tho cooling avxtem whon
~ ~ car ID standing sim Thc automo-
Di,e can be left oyer niybt IN an ah-
sss.a'ely cold garage and the mater
warm throughout. By switchinv
~. 1inersnt connection Ia the morn
"s 'ns water can be made 10 boil be-.
n,sn s'sh the en2ins is started run
New-York tribune., 1920-12-26
Can't Understand Refunding Loan

NueS'ioh-ls not n railway company un-
less bankrupt. under obligation TO- pav
- nasI ueo. mat It guarantees even il a large
percentage or creditors agree to recclve
new securities in lieu OF each due9
am not an expert in these affairs and 1T
seems ss,,,,' 10 me amazing that you apparently
%ssuul" tih you reply to Inquiry about
central Vermont bonds). that 1t is quite
4 natural thing FOR the guaranteeing com
pI"S rha c 10 r'luse TO pay It's bonds when due.
Swered stated that tn. first lnori,,ar. 1
per PEI, cent OF the Central Vermont were
guaranteed by the Grand Trunk. and v.i
payment on maturity was refused Can
TINS possibly be true? shall greatly
appreciate an explanation of this.-L. q.
Answer-A condition has arisen dur
ing the past few months where many
corporations having obligations to meet
nave been unable to pay them off.
lhese corporations have offered bond
holders proposition whereby a fur
tfer extension at higher rate was
gwen. CONDITIONS have been so abnor-
mai lhat II these extensions were not
granted it would spell receivcrship fer
many of them. The fact that 93 ner
cent OF the bondholders of Central Yer
mont were willing to grant an exten
SION proved, in our opinion, that they
were willing to compromise If they
had fought the proposition" they might
have been worse off. The Grand Trunk
Railroad apparently was in no position
to make good its guaranty M these
bonds: This road has new peen taken
over by the Canadian eovcrnmcnt be-
cause it was unable to 6l1drafe' Succeeds
fully. Under the circumstances we be-
lieve those bondholders representing
only per cent of the total issue are
WISER to agree to an extension. in the
belief that the future will place the
road on better basis rather than 70
into costly ltigation. "'c1sfT"sT m
New-York tribune., 1920-12-26
Otis SteePs Earnings Good

question: would value your opinion
with regard TO making a commitment in
GUS Steel common at these prices 7
understand that the preferred stock earned
rs dividend two and one-half times in tho
last nine months. In view of this what
dlvidend?-P. w.
Answcr-Earnings for Otis Steel
Company were very satisfactory up to
September 30. when the last report was
published. 1t has been estimatcd that
Che preferred dividend was earned five
times over during the last nine months.
The common stock is said to show
about ST a share earned. Dividends at
TINS time are largely matter of policy
with directors, with so much uncertain
ty ahead. The matter is too speculative
tor US to advise you about it.
New-York tribune., 1920-12-26
Wouid Take Riyk. but No Loss

Cuestion--W what 40 you think or the fol
lowing reelection OF securitics for IA man
who IL willing to take soIne risk and VINO
knoWs that nomo risk exists, but who ~
not In a position to loac2 900 FrYco ad
us'rnent mortgage C9 at Gf. Q aharcs Cen
ersl Motors 6 per cent doboniurc at 81. -
sharrs Citira Scrvicr per cent preferred
al g. T. shares Southern Railway preferred
at ST. shares NifKiuta-c carOlina Chemical
Der cent preferred at 81. 3 shares Cen
eyal cigar common at b5. hav" ntudied
these isa1en and ma that all Of thaln ARE
selling at or near their average io~s Tor
ihe part ton ycara all Of them arc cam
ing their interrst ana dividend require
repts from It's to 800 times, aud only
tHo Of ihefn during tho past ton ycarh,
whefe their exi~teucs ~ ff5 back that
Iong have passed dividend and thcu
TOR only a short tilne.--W. IL, r.
Answcr~If you are willing to take n
rirk you should be able TO Stand losses.
If you cannot afford to loee, you should
purchasc only sound Investments. TIE
accuriticB you nnme have merit In
varying degrees. We arc passing
through most unusual times, What the
result win be is any ones guess. We
fegard Virginia. Carolina Chemical pro
ferred as a good inyestment. Whit
General Motore dcbcntprc stock ap
pears to be well secured, the others
arc more or less speculative. Yoa
should not purchase ruch issues unlcs .
you are prepared for shocks.