davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-07-25
Rising Supremacy
of Southern RaiL.Uay

SOUTHERN Railway, with
its network of over 1000
miles of track through many
of the richest sections of the
Southern States, appears
commercially TO be coming
into its own. One of the few
roads with sufficient conf
dence in its own resources
to refuse government COM
pensation, it is going forward
with rapid strides.
FINANCIAL LILY strong,
we'll equipped physically,
and in the heart of the great
Cotton Belt, Southern Rail
way is fortified to take ad-
vantage of the wealth of bus
mess tributary to its lines
New-York tribune., 1920-07-25
Hoping for Dividends

Question--Have 100 shares of Gulf States
Steel, bought at S4 for income investment.
Can YOU tell me what they are doing IL
you think there Is chance for dividends
In near future? Also Quaker Oats
see that is down to 50. I bought mine
at par Is that safe for income ?F. l..
Answer-Gulf States Steel common,
like most other common shares, is
speculative because it is sensitive to
earning power. Such stocks should not
be bought where, as in your case, sta
biity of income is desired. We can
not tell you what chance there is for a
dividend in the near future. The de-
cline shown in your Quaker Oats pre-
ferred shares is not out of line with
the lowering of all prices brought about
by money and credit conditions. It's
6 per cent dividend has been earned by
satisfactory margin over a period of
years and we see no reason why you
should be apprchensive about this in
VeStment
New-York tribune., 1920-07-25
His Wife Is Right This Time

Question-Having $1,000 to invest I was
inclined to buy one Of the swiss per
cent bonds. My wife thought there might
be trouble In Europe involving Swtzer.
land and favored a Third Liberty bond
20 you think she is too conservative q
NJ p. r.
Answer-There is always the posi-
bility of political complications in
Europe. We think friend wife has the
right idea. Why worry about your in
vestment when you can buy United
States government bonds to yield over
5 per cent?
New-York tribune., 1920-07-25
Favors Motor Preferred Issues

Question-Are International Motor Truck
frst preferred and Pierce Arrow preferred
considered safe for n small investor. and
what interest do they yield ?--H. o.
Answer-Both International Motor
Truck first preferred and Pierce-Arrow
preferred are fairly good investments
in our opinion. The earnings in both
cases are sufficient to amply care for
preferred dividends st present. The
yield on the former is 8R per cent; on
the latter $40 per cent.
New-York tribune., 1920-07-25

Southern Spot Markets Galveston
steady. unchanged at 3s5oc; sales s75
bales. New Orleans quiet. unchanged at
39.75c; sales l25 bales Mobile nominal
unchanged at 39.75e; sales nil Savannah
steady. unchanged at 41c sales nil Nor
folk quiet. unchanged at 4o.50c; sales 233
bales. Augusta quiet. rs points lower at
4o.25c; sales 220 bales Memphis steady
unchanged at 39.5oc; sales $50 bales
Houston steady. unchanged at 37c: sales
2,032 bales. Little Rock quiet. unchanged
at 396oc; sales 72c. Dallas steady. 20
cry firm, unchanged at 40.25c; sales nil
CottOnseed Oil
The market was dull and featureless
total sales for tho day amounted to $500
barrels. Trading operations were OF an
evening up character and there was an alb
sence OF aggressive tactics either way.
Price changes were very narrow final fig
ures being points net lower TO 2 points
net higher.
The range OF prices follows
New-York tribune., 1920-07-25
Willing to Speculate IN Bonds

Question--As a business mans investment
l have been offered Denver & Rio Grande
Improvement mortgage 5s and st. Louis
San Francisco income 6s OF course, l can
understand that netting the income they
do neither bond falls in the strictly invest :
ment class, but | would deeply appreciate
your opinion or these bonds for the man
who can afford to take something with
appreciate a further list of securities Of a
SENT investment nature that net good
return.-H. i. B.
Answer-As you appear to under
stand, securities yielding such high re-
turns as Denver 5 per cent and St.
Louls-San Francisco income per cent
are not of the best grade. We regard
the Improvement mortgage of the for
mer as we'll secured. The road has
been doing we'll and, while there is a
judgment against it for some $32 ,O0O,-
600, this judgment comes after the four
liens on the property of the road.
The mortgage in question is at the low
rate of $4,000 a mile, while the prior
lien is at the rate of but S24,5OO a mile.
The yield over II per cent to 1923 is
an unusual one, considering the secur-
lty. Frisco incomes are the last lien
on the property while the interest is
payable only if earned and is non-cu-
mulative. We regard the Denver bond
as the better. The following bonds
yield we'll and are fairly we'll secured: {:
Baltimore G. Ohio Southwest 312 per
cent 1925, Colorado Southern first per
cent 1929, st. Louis Southwest Terminal
5 per cent 1852 and Missouri, Kansas
& Texas first 4 per cent 1890.
New-York tribune., 1920-07-25
Canadian Railway Ronds

Question-We note your advice 10 buy
lcng-term bonds at proper discount We
also note your opinion Canadian Ma
tlohai Trust Gold Equipment certificates,
recently financed in New York City. We
are offered G.. 7. p per cent first mort
gag bonds on the Lake Superior division,
maturing in 1855, guaranteed by the
Grand Trunk hallway. 1t is represented
to US that the Dominion government of
Canada has leased this division of the
Grand Trunk Pacific for 999 years at
$4,000 year, sum about twice the
amount of interest the total issue Of
these bonds. Besides that the Grand
Canadian government, both principal and
interest on these bonds now an obliga-
tion of the Dominion of Canada Do you
think so, and do you consider these bonds
q perfectly safe investment? How do
you consider they compare as to absolute
security with the Canadian National
Equipment bonds Nv. c. c.
Answer-In taking over certain rail
roads the Canadian government will in
all probability assume the various OBJ
legations. However, we should con-
slider them moral not legal obliga-
tions. Neverthe heless under these cir
cumstances we regard the bonds you
mention Of the Grand Trunk Pacific
Railroad as offering good investment
opportunities There is no difference,
SO far as the Canadian government is
concerned, between this issue and the
Canadian National Railways Equip
ments. The former is a good long term
bond, the latter good short term in
VeStment,
New-York tribune., 1920-07-25

Questions Of general interest to
amvestors scili be answered IN this
column, in sohich case onlv initials
soat De ased. Others scili be an
s'oered by mail. Address all IN
gu'raes, smclosing stamped. ad-
dressed envelope, to Financial Editor.
n, me Tribune, i54 Nassau Street, Neso
New-York tribune., 1920-07-25
Wants to Invest $500

Question--A suggestion as to how to In =
vest $500 to show a return OF about Z
per cent would be appreciated Liberty
bonds bought at par $1,000. ten shares
United States Rubber first preferred at
l13% s1,137. .50--J. Il.
Answer - We believe you would do
we'll to consider Baldwin Locomotive
preferred, Pressed Steel Car preferred.
Railway Steel Springs preferred. Vir-
ginia Carolina Chemical preferred. All
yield per cent or more
New-York tribune., 1920-07-25
Questions Price of Bond

Question-About April l I bought one
fl00 British war loan per cent 1929
Al for 1887. Recently 1 saw the same
pay more than the market price? Can tbs
coupons be cashed in New York r j
Med.
Answer-The British war loan pei
cent 192O-'47 was offered on Apri
l at 1854. Coupons are payable in Lon
don, but may be cashed here through
any institution dealing in foreign ex'
change, for a small fee.
New-York tribune., 1920-07-25
Can Improve Bond Choice

Question: about to purchase one
Peoria & Eastern first consolidated per
cent of 1910 and one Rio Grande Western
hrst consolidated per cent 1949 Are
they safe for with limited funds :?
&C. N.
Answer-The Rio Grande Western
first per cent bonds are we'll secured.
We should prefer buying two of these,
for the Peoria Eastern bond is not very
we'll secured
New-York tribune., 1920-07-25

Yesterday Previous Year
coSS ~ e0s* ysows4s e;9's si2; s'ssS ssi5a isf
suly septembcr 1'5s 157,. 15sa 75ss ,ssH ss :,
Oats-'rhe oats market was lower in
selling by commission houses in anticipa
tion of Increased new crop offers next
lower. In the local cash market Nos 2, 3
and white were quoted at sf.l4 nom
inai, fancy clipped white s1.l7 and ordi-
nary clipped white sl.15, all elevator.
Yesterdays Previous Year
new YORK: close close ago
No. white. $1.14 s1.l5 SO -
Chicago:
sseiS; ssp5cmoer... .7s .7Ss a5ss sas ss@ 80
Rye--Market easier.
Yesterdays Previous Year
No. 8 WESTERN " s2ssA s2.4o% SlSsz s1.7i 80
Flour and Meal--ouotations were
Yesterdays Previous Year
MINI pat 1880 q 1850 1a.5o@145o 1850
nSe aour 5 t5s g 10 siH
Bran 49,. 5000 5000 1900
Butter, Cheese and Eggs
Butter-Receipts were 1850 packages.
Creamery. higher than extras, per lb. Sc q
@57c; extras, 90 score. 5sc firsts. 30 to
. sSS5 81 fs' fs ss to s
lower grades. 47@4sc; unsalted. higher
than extras; 5o,s q soc; extras. $ u a sec:
dairy tubs, finest, 541s@55hc; good to
prime, 52Q54c; common to fair, 45Q51c;
rsnoyatnd rsn ia,,ds extras 49@49isc iirsts 40
seconds, 44q lac; lower grades. II o
4slsc; packing stock, current make. No.
l, 44c; No. 2, 43c; lower grades. 42c.
Cheese - Receipts 1859 boxes. State,
ID. 27@2sc; average run. colored or
white. 25 y ap2shc.; lower grades, 200 25c;
,;olr ~ o
wn' f% whse rSsh or de dwsr
grades 2o9 q 25c: Wisconsin, fresh twins, rs
@2s1ac; single daisies. fresh 26la 27lsc;
Americas, fresh, 2Sia q 9l+c: fresh, spe
cials, 17la@1slac; prime to choice $50
lie; fair to good, l2Q14l4c; lower grades,
5@loo.
EsgsIRsesipts s; we're 22:s.6 sass. Fresh
ira firsts. 81 q 53c; flrsts 47@5oc; sec
9nds 4sssMs p09r Or to fair sso4ac So
soc; checks. fair to choice, dry. az q 3sc' ,
poor per case, s4@s; state, Pennsylvania
first to extra firsts, gathered whites. 81 @
SIC; undergrades, $4,000; Pacific Coast
whites, extras. $50; extra frsts.. .65 @ 67c /;
flrsts 81 q sc: undergrades. $4,000; other
Western and Southern gathered whites,
52@s4c; state. Pennsylvania and nearby
Western hennery browns extra, sc q soc /;
gathered graded extras. brown and mixed
colors, 54@55c; hrsts to extra frsts,
Livestock, Meats, Provisions
Yesterday. Year ago
Live steers fair to
prime, 100 lbs. 1880 100000 $14.o0@17.o0
. d beef,
sides, lb..,... .16Gp .25 ITO 231a
Live veal, COM
mon to prime,
100 lbs 49,. 1900 $4,000 15.oo@21.oo
d Il veal,
city, lb. ....... .27W .32 .250 33
Live ewes, 100
lbs. .......... $500 800 $500 $50
Dressed mutton,
city, lib. ....... .14O .22 100 rs
Live lambs. fair
to prime. 100
lbs. ;.....;., l5.oo@l7oo 1s.5o@l15o
Dressed m b 8.
city, lb...... .25D 36 .20M 26
Hogs 100 lbs e5Og1760 g2a.5o
bacon, ib; .2s%@.2s% s15.@s24
Mess pork, bbl... $4,000 $500 $3.50 q a. GO
Mess beef. bb, lS.o0QDl000 3s0Olp3i 90
Lard. NJ ddle
West. 100 lbs. 1s.2o9la.so 5000 $3.50
New-York tribune., 1920-07-25

(Sales)

Mex Extern Strl 5s of 'ss. Is45 So
do gold As of 'o4. 1e54. 20
X dom Italy 5yr. 6Spc bonds
New-York tribune., 1920-07-25
Will Sugar Profits Continue?

Question: hold ten shares OF American
rtl sugar Refining Company common stock.
Ihls pays 10 per cent and nets about 8.
Is it good investment I'll H.
Answer-American Sugar Refining is
a well-managed prosperous corporation.
1t has enjoyed greater prosperity dur
ing the last few years, owing to the
large profits in the sugar industry. If
the price of sugar returns to normal it
is not reasonable to expect such large
profits. Therefore for investment pur
poses we do not recommend the com
mon stock The preferred issue is q
high grade one.
New-York tribune., 1920-07-25
Remington Typewriter Common

Question: own some common stool a,
the IN Remington Typewriter Company
NAY nave me never received any dividends. Can
~. snu tel me when tho company will de-
Answer-Under the terms Of the re-
adjustment plan of November 1. 1918.
the Remington Typewriter Company
agrees not to pay any dividends on the
common stock unless an equal amount
is applied to the purchase or redemp-
ton of the first preferred stock, of
which the outstanding is $3,99o,O0O.
The company is doing the largest bust
ness in its history, but we cannot pre-
dict when the common will come in for
it's share.
New-York tribune., 1920-07-25
American Chain Common s,.cn,,t,x.

Sualn common Speculative
ouestion-Wouid you advise buyinr for
Class nyAestment 4 1n M American Chain Company
sooo and safe.--H. J.. D.
Answer-The American Chain Com
pany Is successful concern. Its earn
iinrgs have been satisfactory Of late VET
!ne common stock is sensitive TO earn.
ing power. If there Is any let-un in
Inc company's business it will he ai.
most Immediately reflected in the pr;ce
OF the stock. Even dividends NAV he
aHected. You had better purchase the
preferred stock if YOU have fa;th ~
the company. '" '''
Fer Cent to 8 Per Cent and Safety
Uuestion-1 am looking for aome shor,
,'a ,erm bonds. to run from thre. to nv f,u.
yttH,rs yyta,as; with safety tho first reauisite. and
sibie ibi'hs ~. : per cent TO per cent il pos
nv N.Y. nrrnn pfow would the following answer
Company ~ per cent notes dua aoIaSce }asss
sinclair Consolidated Oil fiye-vcar M NJ,
cent cen notes due 1925; Western Electrta
Pet ato cent notes. due 1925: Hershey Choco
late, Late Corporation 7h per cent ten-year gold
bonds Could you suggest anvtb,nr fo,o het
ter?-W. b. ~'' '1''s oe.
Answer-The earnings Of all the
companies you mention are ample al
present to care for interest on tn.
notes. The Western Electric is the
pest pest OF all. We suggest the following
lor your considerations: Armour ~
per cent 1880, Kansas City Ternina'
. per cent 1923, R. j. Reynolds To.
oacco per cent 1922 and the Texas
company per cent 1928
New-York tribune., 1920-07-25
Corn Prices on Decline
As Crop Sho,ps PROGRESS

The corn market was only moderate
i!y active and prices were easier, clos
ing with net losses of ss to 1hc.
Weather conditions were favorable as
the higher temperatures over the belt
were expected to result in rapid
growth. There were few complaints
OF lack of moisture and in a number
OF sections rain will soon be needed.
lively small proportions and cash
prices were slightly lower. Receipts
for the week at interior points showed
a falling off Of nearly million bush
els and many think that the movement
will be moderate in the near future.
In the local cash market No. 2 yellow
corn was quoted at $1.74&, cost and
freight New York.
New-York tribune., 1920-07-25

The. McCory Stores Corporation reports
per cont ahead of those for June. 1919,
and the sales this year TO date 2169 per
last year.
New-York tribune., 1920-07-25
B. r. T. Probably at Its Worst

t.uestion-In your Investment Informa
.ioh column for July you say you think
inc majority OF railroad and public utility
STOCKS and bonds have very nearly dis
counted the conditions in which the COM
panies find themselves. In other words
YOU think the Brooklyn Rapid Transit has
reached Its turning point for the better. II
mat Is the case, do you call Brooklyn
Rapid Transit stock at slo a fair spccuIa
ton to buy outright? Several years ago T
bought some of Ahis stock at $50. and
nave 1t yet. 1t seems to mo Brooklyn
Rapid Transit is we'll worth sl2, and if it
pays per cent again on 500 one would
get his money back at the end of the soc
ond year. There arc probably many things
do not know about.-N. c. s.
Answer--There must be a time when
the affairs of a corporation are at their
worst. The Brooklyn Rapid Transit,
having defaulted upon its obligations
and having some of its leased roads
taken from it, appears to us to be in a
position where the worst of the situa-
ton has been fairly we'll discounted.
We do not recommend the purchase Of
Brooklyn Rapid Transit stock, how
ever, unless the purchaser is willing
patiently to await developments. 1t
may be a long wait before dividends
will be declared. And then, too, there
is always the chance of an assessment
being levied on the stock. Brooklyn
cannot do without it's traction systems,
and it is our opinion that some way
will be found to place the Brooklyn
Rapid Transit upon better basis
New-York tribune., 1920-07-25

Question-1 have fifteen Erie bonds
the best part OF my income. They have
been going so low that am fearful that
il 1 do not sell now my loss on them may
he still greater in tho not far distant
future Shall l sell the Eric and invest
the money in st. Louis Southwestern 5s
or in Frisco income issues? BY so doing
/ will not reduce my income, but will the
change be an advisable one * A. P
Answer-It is very difficult thing
to advise what you should do regarding
your Erie general lien bonds. This
issue is some distance from the rails
and the Erie has been operating badly
1t is likely, in our opinion, that the
road will do better under the new
legislation. You must decide for your
self as to whether you can afford to
speculate upon the roads future. Ii
you cannot afford this you should sell
and renvest in some high grade Sc
curity. If you purchase such bonds as
Frisco incomes, which pay the interest
only if earned, you are still in the
speculative field. This road is oper-
atng far better than Erie at present.
But there may be a change after
while. We believe that most of the
roads have seen their worst period, but
that is only our opinion.
Charlevoix county herald. (East Jordan, Mich.) 189?-1953, 1920-05-28

"Who Is TIP ventured the other eau
tiously. "Mr. Beatonf"
"Ned Beatonr Miss La Rue's voice
rose to a shrek. "Oh, Lord! / should
say not Why that fellow never had
fifty dollars of his own at one time In
his life. He's only tln-horn sport"
"Then II is the otherr
"Sure he's the real thing. Not much
to look at, maybe, but he fairly oozes
the long green. He's lawyer"
"Oh, indeed" and Miss Donovan's
eyes darkened. She was interested.
now feeling herself on the verge Of
discovery. "From New York;
"Sure; maybe you've heard of him?
He knew you as soon as Beaton men
toned your name; he's Patrick En-
right of Enright and Dougherty.'
Miss Donovan's fingers gripped hard
on the footboard of the bed, her teeth
clinched to keep back a sudden excla-
nation of surprise. This was more
than she had bargained for, yet the
other woman coolly watching, In spite
Of her apparent flippancy, observed no
change In the girls manner. Appar-
emily the disclosure meant little.
"Enright, you say? No, think not.
He claimed to know me? That Is
strange. Who did he think l WASP"
Miss La Rue bit her lip. She had
found her match evidently, but would
strike harder.
"A reporter on the Star. Naturally
Charlevoix county herald. (East Jordan, Mich.) 189?-1953, 1920-05-28

We couldn't help wondering what you
vas doing out here. You are in the
newspaper business, aren't your
"Yes," realizing further concealment
vas useless, "but on my vacation. /
thought explained all that to Mr.. Bea-
ION. am not exactly a reporter. I
10 feature-stuff."
Whatever that is"
"Human-interest stories; anything
unusual; strange happenings In every
lay life, you know"
Murders, and-and robberies."
occasionally, If they are out Of the
ordinary" She took a swift breath
and made the plunge. "Like the Fred
erick Cavendish case-do you remem-
Der thatT
Miss La Rue stared at her across the
darkening room, but If she changed
color the gloom concealed it and her
voice was steady enough.
NO" she said shortly, 81 never read
those things. What happened"
"Oh, nothing much. He was rich,
and was found dead In his apartments
at the Waldron-evidently killed by
burglar. The case is probably forgot
ten by this time. Let's speak about
something else-I hate to talk shop"
Miss La Rue stood up, and shook out
her skirt.
That's what say; and IL seems to
me II would be more social If we had
something to drink. You amt too nice
to partake Of a cocktail, are you?
Good Then well have one. What's
the hotelkeeper's name?"
"Timmons."
DO you suppose he'd come up If 1
pounded on the fioorr
Miss Donovan slipped off the bed.
81 don't believe he is In the office.
he went up the street just before dark.
You light the lamp while I'll see II I
can find the Chinaman out in the hail."
She closed the door behind her,
strobe noisily down the hall, then ST.
fently. and swiftly retraced her steps
and stopped silently down to where a
crack yawned In the lower panel. That
same instant a match fiared within
the room and was applied to the wick
I,of the lamp. The narrow opening gave
pnly a glimpse of half the room-the
wash-stand, the chair, and lower part
of the bed. She saw Miss La Rue drop
the match, then open her valise and
go through IL, swiftly. She found
nothing, and turned to the wash-stand
drawer. The latter was empty, and
was Instantly closed again, the girl
staring about the room, as though at
her wits end. Suddenly she disap-
peared along the edge Of the bed, be-
yond the radius of the crack In the
door. What was IL she was doingf
Searching the bed, no doubt; seeking
something hidden beneath the pillow,
or mattress.
Whatever her purpose, she was gone
scarcely a moment, gliding silently
Charlevoix county herald. (East Jordan, Mich.) 189?-1953, 1920-05-28
CHAPTER VIII.
In the shoshone Desert

Excited as she was, and frightened,
the girl was still composed enough
to grasp the nature Of her surround
lngs, and she had time now, as the
wagon rumbled forward, to think over
all that had been said, and At Il into
the circumstances.
What did they propose doing with
herr The question caused her blood
to run cold. That these people were
desperate she had every reason to be-
lieve; they were battling for big
stakes; not even murder had hitherto
stood In their way. Why then, should
they hesitate to take her life, II they
actually deemed II necessary to the
final success Of their plans7 She re-
membered what Beaton had said about
her room-the condition in which 1t
had been left. They had removed all
her things, and left note behind in
womanly handwriting to explain her
hurried departure. There was mas
ter criminal mind, watchful Of every
detail. behind this conspiracy. He
was guarding against every possibility
Of rescue.
The uncertainty, the fear engen-
dered by her thought, the drear 81
lence almost caused her to scream.
But she conquered this.