davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-02-15

company Of first preferred per ssne stock,
financed by H. M. Bylesby & Co.-H. 8. c.
Answer - Steamship stocks have
shown since the beginning of the war
large profits to the holders. This coun-
try finds itself becoming q greater
factor in shipping than ever before. 1t
does not appear probable, however, that
such large profits will be made in the
near future, for the reason that com
petition will be factor. During the
war period the European nations lost
so many ships that those flying tho
American flag were able to benefit.
The Oriental Navigation Company is n
newly formed corporation. The under
writer's offered S2,000,000 first preferred
. per cent cumulative stock and 5000
shares common stock in blocks Of 10
shares preferred and 3 shares COM
mon at $1,000. The company is to ac-
quire twenty-eight freight ships, aggre-
eating 1873 200 tons. The stock must be
considered q speculation until the COM
pany has demonstrated its earning abil-
New-York tribune., 1920-02-15
Would Know Wall Street

Question-Can you recommend to ne y
book dealing with the Stock Exchange And
financial matters generally7 Ny education
alCns this lne has been neglected. and whila
I do not yearn for plunge into specula.
ton. | sh uid ike TO be able to read tha
financial pages iI the morning newspaper
intellgently.-D. c. T.
Answer-There are several publica
tions dealing with Wall Street ane
stock speculation and investment
Money and Investments" by Mont
gomery Rollins; The Work Of Wall
Street." by 8. 8. Pratt; "The Stock
Exchange From Within" By Van Ant
werp, and "The Wall Street Library"
are few.
New-York tribune., 1920-02-15
An Uncertain Period

Question-Would you advise wha. bonds
stocks would be suitable investment for
one who has saved $4,000? I would like q
higher rate than savings banks pay. not
losing sight OF safety and good market.
Would you consider Kingdom of Norway 6
per cent gold bonds suitable for one In my
position w. B.
Answer-We do not know how long
it took you to save your $4,000 We do
know that it is possible to lose 1t in far
less time. Our advice to you is to buy
Liberty or Victory bonds, particularly
in this period of uncertainty. They
yield over per cent. You would prob
ably not be any loser II you kept your
money In the bank Tor the present.
New-York tribune., 1920-02-15
DIVIDEND NOTICES
Dividend Paying
COMMON
STOCK
with Excellent
Possibilities

cerporation. % rated over $3.50 800
highly Dun and Bradstreet. Do
ne more business than its present
facilities can well handle,
Products seu at 1908. profit over
gross cost
Na- paid dividends. has over
800 active accoonts. Incorporated
for $4,000 900 tall common stock
under NEW YOhh STATE
CHARTER.
with tangible assete over $3.50. coo.
Offers block OF ifs COMMON
stock 10 conservative Investors,
now raSing So.
Our business Is established and re-
qulre- capital for purposes OF in-
mediate expansion 10 handle busi-
ness actually in haud---to increase
service 10 present active accounts
wr could supply Tue goods.
II you hare from So 500 to s25. 900
to lnyest-where safety and at
least Ses income are assured-and
where the profit possibilities are
only limited by present product ION
facli!t!es. let Us show you the evi-
denoe We have.
Inqoi,s by Brokers' TrusteeA
Guardians Or principals invited.
Rated BY DUN & BRADsTREEr
No stock salesmen need apply.
Address staple Drug Products.
Box A-I6S Tribune.
New-York tribune., 1920-02-15
French Lottery Bonds

Question: anticipate buying some French
bonds. which. owing to exchange. can be
bought at q low figure. Which would you
rece msncnd? A friend OF mine suggested to
not to buy any bonds here, but wait
until 90 to France, which will be in about
month or two. then when l am there to
purchase lottery bonds with dollars He
says that with the lottery bonds one has q
chance TO win large prize. Would you
advise this &C. G.
Answer IS little, II any,
choice in the various internal loans of
France All sell on about the same
basis. The bonds with the lottery
feature will probably not be traded in
here. The City of Paris per cent
loan, which is in this class, has been
great success. Perhaps you would get
enough excitement out of this form OF
investment to make il worth while,
even though you failed TO hold a lucky
number in the drawings.
New-York tribune., 1920-02-15
Skelly OH COMPANY

ouestion-Kindy give me what !n,orna-
ton you can on Skely Oil Do you con-
slider it good investment Does it pay a
dividend "A. w.
Answer-The Skelly OIL Company
represents a consolidation Of the orop-
critics Of William G. Skelly and the
Skelly-Sankey Oil Company. At the
time the organization wss effected
last year 1t was reported that the com
pany owned in whole or in part upward
of $4,000 acres Of oil leases in Kansas,
Oklahoma and Texas. In November
last it was reported the company had
acquired over 10000 acres in the
Homer and Bull Bayou districts of
Louisiana. In December the company
was said to have secured 5Se acres in
the Gushing pool in Oklahoma and also
to have paid S1,0000OO for the Russell
holdings in the Beggs district Of Okla
homa. In August its production was
reported at over 1000 barrels a day.
We have seen no report since. The
capital stock is S15,O0000O, par $40
share. No dividend has yet been an
nounced. We do not regard the stock
as ar investment security, as the
producing end Of the oil business Is
always q speculative venture,
New-York tribune., 1920-02-15
Stockholders Not RenefifeA

Question--What benefit to a company and
its stockholders is & change from q par
value to no par value shares l notice some
am interested in wants to change Please
advise the benefit to be derived-I. N. B.
Answer-The par value Of the stock
is only nominal. Many companies pre-
fer to change it to no par value on ac-
count of the capital tax, it being pos
sible to effect saving If the shares
are selling under par, as the tax is
levied on the value o3 the share, es
carried In tho balance. There ID no
baneat to stockholders,
New-York tribune., 1920-02-15
skepticsl About Northern Pacific

Question: own ten shares OF Northern
Pacific Company. purchased at 9s. There sp-
pears to be possibility that when the roads
are returned this road will cut its dividend
Do you think It wiser to hold on or to sell
now. taking my loss and buying some good
railroad bond paying about PER cent :?
Name one. plsase.--G. A. d.
Answer-If you feel apprehensive
over the railroad situation your mind
probably would bs relieved Il you sold
your Northern Pacific stock and pur-
chased q less speculative security.
There are many railroad bonds selling
to-day on per cent basis, even bet
ter. They are not high grade, however.
and the greater the return the less safe
the investment. Southern Pacific per
New-York tribune., 1920-02-15
Long Island Lighting

Question-Wiil you kindly let me know
what you think Of tho Long Island Lighting
Company per cent preferred stock as an
.nnyestment? Ths company is now Offering
this stock to its consumers at par-l. M.
Answe-We do not consider this
stock at 100 a particularly attractive
investment. The bonds Of the com
pany, which, of course, come before the
stock, sell at price to yield we'll over
3 per cent.
New-York tribune., 1920-02-15
Investment Information

Questions 81 general interest 20
snvestor' 'o'9 % ans,osred In this
ootn;mn. s!,; in which case onlv initials
so'H 90 used. Others wiii BE- ON.
sweyed 6Y NAL. Addrsss all In.
CURES; snciostn0 a stamped, ad.
aeresesd envelope to Financial Editor.
vne Tribune. Is4 Nassau Strest. New
New-York tribune., 1920-02-15
The Better Security

Question-Will you please give me your
90 o as 10 the advisability of selling hold
ings Of the common stock of the Chicago
Milwaukee st. Paul Railroad and pur-
chasing the preferred stock of that road
with the proceeds? Am l correct In unds.
standing the latter Is cumulative and tAa.
dividends be paid the common
until all back dividends at the rate Of :
per cent per annum are paid the pys-
ferred w. P. A.
Answer-St. Paul preferred has /,
better chance Of dividends than the
common stock. By changing, you would
be in possession OF better security
although the preferred dividend is non
cumulative, and there is no telling
when dividend will be paid on that
issue.
New-York tribune., 1920-02-15
FINANCIAL MEETINGS
TIE MERCHANTS NATIONAL
BANK OF the CITY OF NEW YORK

NOTICE is HEREBY GIVEN that at
meeting os the shareholders OF Ths Msr-
chants National Bank OF the CITY OF New
YorA held CT January Is, 1890, 1t was
vetsd ehas the a.o Bank go into iiouidA 80
ton and be close and dissolved.
AL holders of rotea and other creditors
~ said Baking Association are hereby
pt.insd 70 present slcb notes and other
oitirns against The Association for pay.
fnent a. Hs Banking House, Number a.
Wall Street. New yo-k City. until Fesru-
,ry Is .53a and thereafter to its iioui.
s,tlng sgent tcA President and Directors
sf the Manhattan Company. at Number -
wsA Street New York City.
BY order o. The Board OF Directors
%. Z. PAINTER, Cashier.
Ds;ed New York January Is. 1870
New-York tribune., 1920-02-15
Toronto
Making Survey of Dress Trade

otNtImeht among dress manufactur-
ers regarding the future trend of busi-
ness and actual market conditions in
the various dressmaking centers of the
country are being sscertained by David
n. Mosessohn, executive director of the
Associated Dress Industries Of Amer
lea, now On tour Of the country. He
will visit the Pacific Coast first and
expects to return to New York in
about n month, when he will render
full report to his association. Abnor-
NAL conditions now obtaining in the
industry led Mr.. Mosessohn to under
take a personal trip Of investigation.
New-York tribune., 1920-02-15

the following four bouds, One Chicago. Mil
waukee 4 st. Paul par cent guarantee
mortgage at 1874 one Southern Pacific
per cent arst refunding at S2as two Penn
1yayana marasaa. FsdrSad ca.1 Per cent guarantee
Connecticut for these four bonds SIG taxes
year. what l didn't know before, so have
NOT mueh over per cent in interest End
70 sell u now, / would lose much money
was asking broker about II. and he ex-
oten otained T. me to deposit these bonds in his
increase the interest What 10 your opinion
or would you please adviss me something
;T.t.:.,, ne'ter s1an be pleased 70 receive your
Answer-Your three issues Of bonds
are good ones. They are depressed
because all forms Of !nve stnents are
depressed, particularly railroad issues.
Even II the railroad bill Is favorable to
railroad security holders It is not like
~ that high grade bonds will recover
to any. great extent as long as the
price Of money is SO high. Your brok
er's recommendation that you specu-
late in the market in order to retrieve
your loss is poor one. You will have
hlgh interest rates to pay on your
debit balances and you would very
likely find that the securities you pur-
chased are SO subject to violent fiuc-
tuations that you would be kept busy
watching the market. perhaps to the
detriment Of your business. II you
dislike paying the state tax you speak
Of, you could sell your securities and
purchase Liberty bonds. While this
would entail loss Of principal, you
would be purchasing the highest grade
Of securities at very low figures.
New-York tribune., 1920-02-15
Oriental Navigation Company

Question--Will you please give me your
opinion rs 10 the advisability of purchasn ing
steamship stocks? | refer partic uiarly to
the recent offer of the Oriental Navigation
New-York tribune., 1920-02-15

Tho semi annual meeting Of the Tanners
Council viii be held at ths Hotel Tray
more, In Atlantic City. May = and 7.
Members OF the harness leather divs sion
OF the council will meet IN Chicago on
Monday. The request OF W. c. Mitchell,
chairman OF the traffic COMMITTEES OF the
council asking the classification commit
tee of the council to consider the regula-
ticn of tagging and tying cattle hides for
shipment will he acted upon by members
Of both committees
New-York tribune., 1920-02-15
Broker Gives Poor Adv1ra

Questinn-Will you please be kind enough
and advise me what to dc? One year ago |
took my money from the bank and bought
New-York tribune., 1920-02-15
Not Seasoned

ouestton-Crucible Steel common 4. 234
preferred ssis. II the common is 80 high
should not the preferred. yielding 7 per cent,
be considered gilt edge investment7--
S. A. e.
Answer-We would not say that
Crucible Steel preferred IL q gilt edge
investment The company was consid-
erably in arrears In its dividends on
this issue until comparatively short
time ago. While the company is to-day
showing good earnings, Its prosperity
is largely a result Of the war. as prior
to that period Il had been unable 70
earn anything substantial. The pro-
ferred stock ts now entitled 70 Q good
rating. We have not mentioned is
among Others because the stock is not
seasoned,
New-York tribune., 1920-02-15
Pittsburgh

l4s9S Arkansas Gas. Is 29t. 25 s9A
Is do pr -. lo6 40 to5 ilo
23O IN w G Nch.ll5 Il6 1l5 1l5
400 Barnsdau Cor 80 so 49E 4e&
80 Carlo Hydro. ~ l!s II. y.
40 fiutfey Hen IS asa Is - Is
25 Indpt Brewing )
$50 Lore star Gas slia sln sla slra
al5 Mrs l. * H.. 54 5!is 81 hti2
1l7o Marland Ref. SO. IS. ~ ~
l2o Ohio Fuel sup 44ls 44la 44la 4sla
$50 Oklahoma Gas 3s IS S7A. IS
10 tgn Brewing.
l99 do pr 49,, i 10 = y
10 Union GAG ...i20n l2oia 100 u 1aoM
tQ W'house A y l0e "a los \ 10si u 4oss.
$50 Wyoming z 2
New-York tribune., 1920-02-15
Epeculations All


Question:. Do you consider El saivAdou
a good investment for long pull! Some
United Retail Stores. 8. Also Heyden Chem
teal. / am contemplating purchasing SONS
stocks and would like your advice. Give il
either as 70 buying outright OF on margin
L F. N.
Answer-Ws regard the three stocks
you mention ~ speculative. El Saliva
dor 10 said TO have possibilities. lsA
operating costs arc no. 90 hige =
silver goes down the anticipated prcet~
may not materialixe. United Retail
Stores does not issue q statement ox
earnings. It paid . dividend recently
Of So. For what period. was mob
stated. Heyden Chemical Is one OF
those companies which does not appear
to care about keeping its stockholders
advised as to Its operations and there
fore it is difficult to determine whether
or not the stock IS good, bad OF In
different
New-York tribune., 1920-02-15
Superior Oil CORPORATION

ouestion-will you kindly give me yvur
opinion regarding Superior Oil Corporation
etock around Ia and what kind Of specuie-
ton or investment you regard It? Also. IN
what class Is ''Ths Financial World" con-
sidered?
Answer-The Superior OH Corpora.
tion has declared an initial dividend o.
&C cents a share, payable March ] TO
rolders Of record February Is. The
capital Of the company is 800 600 shares
of no par value. The number outstand-
ing 10 10000 shares, of when $4,000
ara held in voting trust for Ave years.
The company's properties are located
in the Estill and Big Sinking districts
Of Kentucky. 1t Is reported to have
ZOE wells, producing upward Of 1000
barrels Of oil day. The stock may
have speculative possibilities. but IL
certainly should not be regarded as al
investment, as the business of pro
ducing oil has large element of ga:a
bic in il always. "The Financial
World" is we'll edited publication.
New-York tribune., 1920-02-15

eixty Varieties Of Banana
There are over sixty known varieties
'F the banana. with ~ great. or
tfsatsr, variation In character rs in
ne different kind Of apples.
New-York tribune., 1920-02-15
Union Pacific vs. pennsy,yan,.

Question-Will you kindly inform me II
Un4o-4 ..aclac is earning dividends Do you
co,.side. I u better Investment than Penn
sylvsnia &C. D.
Answer-For nine months of 1919 the
Union Pacific Railroad showed earnings
equa! to the annual rate Of 1919 par
cent, against dividends paid Of 10 per
cent and government guarantee equai
20 1851 per cent on the common stock
A. present Pennsylvania is not earning
lis dividend. How the pending railroad
legislation Will affect the earnings ss
either road remains to be seen.
New-York tribune., 1920-02-15

cent bonds, due 1929, yield over Z per
cent II held to maturity. They are MT
secured by mortgage. Baltimore &
Ohio prior lien 3h per cent bonds, due
1923, yield S.45 per cent to maturity
This bond covers a very important part
Of the system. If something radica
were done with the road this bond
should emerge undisturbed. If you do
not like the railroad situation do not
buy railroad bonds. Illinois Steel 4is
per cent bonds yield over 6 per cent
States Steel Corporation. New York
Dock first q per cent bonds yield $40
per cent. They are first lien on the
entire property. United States Rubber
preferred stock yields per cent SO
does Virginia Carolina Chemical pre-
ferred. And, above all. Liberty issues
may be purchased to yield 5 II per cent.
National Life Preserver Company
Qu@tion-Will you give mo what Informs
ton you may be able to concerning stock sf
the National Life Preserver Company. of Ill
Broadway. New York. and oblige w. H. M.
Answer-The National Life Preserver
Company has an authorized capital OF
100000. Par value Of shares is $50.
About half Of the stock has been is
sued. The company Is working out
plans for renting its life saving suits TO
persons going abroad. charging so much
trip. For this purpose arrangements
are said to have been made for estab-
fishing agencies in leading European
cities and also in Buenos Ayres, Ar
gentina. No financial statement ha.
been issued, and until the company has
demonstrat ted Its earning ability about
all that can be said for the stock is
that it may have speculative possibili-
ties.
New-York tribune., 1920-02-15
Boston Curb

5000 4 G " S.. 10 "a 70 rs
1000 Miss River 5s. "A ~ "a -
New-York tribune., 1920-02-15
WV. .ss.ss
do gen 4s
Edison El III Of

Brooklyn con 4s
1000. ..... II
Erie prior lien Is
: 5000. <9t
DO gen lien ~
5000. Soe
do Pa col As
1000. 70
Gen Elec dob 5s
5000. 81
anA =. !, .
Evening star., 1920-12-01
WITH D. C. BASKETERs.

Belmont Athletic Club. which won
fifteen out Of seventeen basket ball
games last seas son. is again in the
field Teams desiring games should
write Charles J. Streeke. 33 * street.
Carroll and Potomac quints will be
opponents in tonights game Of the
knights Of Columbus League in Car
roll Institute gymnasium. Keane
quint goes to Alexandria tomorrow
night for a meeting with the Fitz-
gerald five.
EnEineerx Mt Warrington barracks 8
have organized a quint and are book
ling engagements. Teams interested
should communicate with the athletic
officer Washington barracks
Epiphany Comets and Tigers want
games with District basketers. Con-
tests may be arranged with Manager
j. T.. Haas. 1917 G street. Last night
the Tigers defeated the Rosedales, 16
to II.
Atnlantis Athletic Club and the Yam
KEGS will clash tonight on the court
Of the Congress Heights auditorium.
Play will begin at S:13.
Ingram tOsserx vanquishfd the Ban
zais, SO to 8. Cameron. center for the
winners shot eighteen goals from
scrimmage.
St. Paul nosed out the Steward BUSH
ness College team in an S-to-6 con-
test Blumer and Frawley played
well for the victors.
Evening star., 1920-12-01

Jack Moakley. the Cornell trainer,
mas not yet begun to work his squad
10 the minute: they will stand lot Of
running between now and sailing
time. John r. McGovern, Cornell. who
refereed the intercollegiate cross
country meet. will have charge Of
Cornelfs English invasion. His plans
nave not all been formulated. but it is
certain that the team will spend the
first part of its visit at oxford and
after the races spend the balance in
Cambridge.
An Able Official.
III was like meeting home folks to
Iun across Mike Thompson in Atlanta
Mike is one of the ablest and suuar-
est of our foot ball officials. Down
south they swear. by him. They be-
iieve in him so thoroughly that when
the question of officials for the Tech
Georgetown game came up the Tech
authorities went so far as to propose
Thompson as referee. Just what this
meant in the way of tribute to Mike
may be gathered when it is under
stood that he is an alumnus of
Georgetown. The more one thinks
about this the bigger seems the COM
pliment.
Dr. John Wilce. the Ohio State
coach. came east to view the Army
Navy game. which he regarded as
much superior in the way of a foot
ball contest to the 1919 game at the
Polo Grounds. Wilce is big, broad
shouldered. 1.-THE young man. whose
blue eyes study you closely from be-
hind glittering eyeglasses. He says
that not in his experience has there
been sch an even average of excel
lence among conference elevens.
Regarding Old Plays.
1t is the custom of western men to
laugh when they hear of some open play
or spread formation being used in the
east remarking that it was pay used
by old Siwarh since 1912, or some time.
Discussing plays yesterday. Frank Click
diagrammed spread formation en-
ployed by Hobey Bakers team in 1912.
DR.. Wilce smiled gravely and then as
serted this formation was used out
west in 1907.
Yes" replied Click. "and it was used
Evening star., 1920-12-01

however. and this week the squad is
making every effort to regain the
form that earned victories during the
regular season.
The Bethany scrubs have been drill
ed in Georgetown attack and are be-
ing sent daily against the varsity
Heavy rains of last week have forced
the BunalOes to go through their
practices on muddy gridiron. but it
is reported that this has been no
handicap. Bethany is especially adept
at overhead attack, and Quarterback
Stewart. who does most OF the pass
ing, has been able to handle wet
slippery ball as well as dry one.
Georgetown, despite its disastrous
November campaign, is far from being
demoraliZed team. The string of
four defeats has left the Hintoppers
in a savage mood. and they are lea,-,
ing undone nothing that may help
them to be ready for the fray Saturday
Coach Exendine gave the team a new
set of plays yesterday, and these will
be rehearsed thoroughly. Every man
came out of the Boston College game
in good physical condition. so the
Hilltoppers have nothing to worry
about in that respect
Scrimmage at Hilltop Today.
A heavy scrimmage is planned for
this afternoon. In recent games the
Blue and Gray has been too prone to
ease its play in the latter stages, and
this has led to defeats more one sided
than they should have been. Brisk
work outs to be held this week will
have the team keyed to a higher
pitch when the time for the test with
Bethany arrives. the coaches believe
Georgetown will have to play some
real foot ball against Bethany il a
home victory is to be scored. Among
wins credited to the Buffaloes this
season is one over Detroit University
that gave Georgetown the surprise of
it's life last year. The Hilltoppers are
out to get better than an even break
for the season. and to achieve this
must turn back the West Virginians