davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-12-31
FINANCIAL
TO THE HOLDERS OF
INTERNATIONAL PAPER COMPANY
Consolidated Mortgage 5ss Sinking Fund
Convert ihle Gold Rf,nde.


Notice is hereby given that Consolidated
Mortgage SO Sinking Fund Gold Bonds Of
lnternational Paper Company issued under
the Consolidated Mortgage dated January 4
1905. made between the International Paper
Company and the Colonial Trust COMPANY
as Trustee. In the aggregate principal amount
Of Forty-eight Thousand Dollars (s4s. .oool
and bearing the serial numbers hereinafter
set forth. have been drawn and designated
by the undersigned as successor Trustee un-
der said Consolidated Mortgage for redemp.
ton on January l. 1921. out of the money,
held by said Trustee in the Sinking Fund
provided by Article III of said Consolidated
Mortgage.
January 1st being legal holiday and Jan.
unry End being a Sunday. the said bonds
viii be redeemed ont of said Sinking Fund
at the Office of the undersigned Trustee No
81 Wall Street. Borough of Manhattan. City
of New York, n. y. and after January
Srd 1921, upon presentation of same for re-
demption at the redemption price of l05es
OF the principal thereof and interest accrued
to January Bird, 1921. the accrued interest
being represented by the January !. 1921
coupon.
All unmatured coupons belonging 10 any
such bond must be presented with It, but
accrued interest viii. only he paid upon pres
entation OF the January !. 1921. coupon.
The mortgage provides that after the time
designated for such payment. all interest on
bonds drawn for redemption shall cease. The
numbers of the bonds hereby called for re-
New-York tribune., 1920-12-31
New York Metal Marke,

on the New York Metal Exchange fin
was hrm but quiet, with Class A ono,od
~ 's'Solo a7c; Class B, 32c eskcd and
straits shipments a4037c. Copper dull.
sPse' december and January, l325c
.SAeo. Lead quiet New York and East
Ok Louis spot 475c asked. Zinc ouie,
"e~ YORK spot e1oc and East s.. Louis
spot 6.80c asked.
London metal prices follow:
lin standard spot 9207 and futures
s.2 and futures 373 81, with sales Of
os5 sons futures. Copper standard snot
t.S .nd futures f73 IS. with salon of
foS los. Lead spot fz3 los and futuren
ane elcetrolytsc spot sso and futures
sea !os. Lead spot s23 los and future
sxS 1ps. Zinc SPOT f27 Ind future. roa
New-York tribune., 1920-12-31
Irish Question and British Bonds

ouestion-Would the Irish problems and
the present attitude OF labor In England
Britan's external obligations. say to the
point Of making the United Kingdom Of
cent Tea" soa bonGs H due ss
for truly cor servattve investor? Where
can buy Niagara Falls Power preferred
& ST. Paul convertible 4i:s due 1882 a
good holding for strictly conservative
investor, as compared with any other rail
issues? Although they are legal for
ings banks In three New England states
have been considering selling them at
chase a high grade utility bond. believe
Brooklyn Edison y bonds issued Decem-
Der l. 1920. due 1910. thoroughly safe
investment Am I correct "a. L. w.
Answer-We have frequently men,
toned that there is always possibil-
ity of political complications in for
eign countries. For that reason we
believe investors should exercise great
care in purchasing foreign govern
ments bonds. We cannot predict how
the Irish question and the labor ques-
tion will result in Great Britain. The
United Kingdom has her troubles at
present. She has had them before and
usually managed them rather we'll. 1t
IS our opinion that the obligations Of
Great Britain are sound investments
Consult any firm advertising in The
Tribune if you wish to purchase stocks
or bonds. Chicago, Milwaukee & St.
Paul convertible Az per cent bonds
are a fair investment. They arc still
legal, only, however, because the vari-
GUS legislatures made all railroad
bonds legal which had been legal prior
to government control. There are
many sounder issucs such no P;o
Grandc Western first 4 per cent 1899.
Denver & Rio Grande first a per cent
1886, and Chesapeake & Ohio con-
ycrtible Az per cent 1880. We regard
Brooklyn Edison bonds as good in
yeStment
New-York tribune., 1920-12-31
More Gold Arrives Here

Cold valued at $l,65O,000 consigned
20 huhn, Loeb g. Co. arrived here yes
terday on the steamship Kroonland
inns shipment brought the firms gold
imports for 1920 up to approximately
S9V 900. The metal originally came
from South Africa and was purchased
IN tne London open market.
New-York tribune., 1920-12-31
Road Seeks to Renew Note

"ASiiINGTON, Dec. 30.-Thc Chi
eago, st. baul, Minneapolis T. Omaha
NaA~ay Company 'o-day asked the
'htcrstate Commerce Commission for
perm m'Ssion to renew promissory note
o 81 100000 payable to the Chicnoo e.
NorthweHtcrn kailroad Company and
70 rcp'cdgc debcnturc gold bonds OF
''"o issne amounting TO $1,000, 900.
New-York tribune., 1920-12-31
New York Dock As In $500 Pieces

\, 0ueStion-kindly advise me whether
issued In $500. pieces date this bond
natures and whether you consider 1t an
issue sufficiently safe to include In young
mans list of securities on which his future
Income ID being built. Does 1t compare
faYorably with St. Louis & San Francisco
prior Hen per cent? Also is there. IN
switch that can be made to advantage
from Baltimore & Ohio gold per cent
ponds OF l94s into some other rail bond?
A. this issue Is not covered by n strictly
hrst mortgage 1t would seem advisab to
change into. say. New Orleans TerminaI
Is OF 81, the nrst mortgage issues OF Denver
<; Rio Grande Rio Grande Western
selling In similar price range and bear
Ing same rate of Interest,". l.. NJ.
Answer-New York Dock bonds arc
issued in $500 and $1,000 dcnomina-
tions. They are due August 1. 1861.
we regard them as a good investment
Tnee property is exceedingly valuable
and would be most difficult to dupli
cate. We regard it as quite as we'll. if
not better, secured than St. Lonis R.
San Francisco 4 per cent bonds. II
would seem advisable to change Balti-
more &, Ohio per cent 1948 to Denver
d Rio Grande first 4 per cent or Rio
Grande Western first 4 per cent. These
two issues are absolute first liens.
New-York tribune., 1920-12-31
Business Mans List Is Good

Question: have about $1,000 to invest.
and am considering Virginia Carolina
Chemical preferred Bell Telephone OF
Prnnsylvania bonds. The former seems to
offer the higher rate. DO you consider il
an Investment? If not do you consider
the latter such at the present price or
an equal or better rate? My present In
v"stmsnts are as follows: Ten shares
American Telephone and Telegraph Com
pany common. ten shares Bethlehem Steel
. per cent preferred. ten shares H. H.
Franklin Manufacturing Company Z per
cent preferred, five shares II. H. Franklin
manufacturing Company no par fifteen
shares Union Pacific common. Do you
consider the above fnir business mans
investment? II not. what changes would
you susgest?-W o. II.
Answer-Bcll Telephone of Pennsyl-
vania 7 per cent bonds are entitled to
better rating than Virginia. Carolina
Chemical preferred stock The former
are we'll secured. The latter has a
good record, however. You might also
consider Canadian Northern Railway
debenturc 7 per cent 1910, yielding
about per cent. Your investments
appear to be very fair for a business
man. Union Pacific and II. H. Franklin
common are more or less speculative
because they are sensitive to earnings.
New-York tribune., 1920-12-31
Bank of England Statement
Financial Items

Charles Ogtlby, formerly OF Harris
Fornes d Co. has formed a eopartncrship
with Lawrence II. Austin to transact an
investment business under the firm mama
OF Ogilby Austin.
W. {. bradley. chairman OF the boa rd
and also Of the executive committee Of the
Noca-Coia Company. has becn elected
voting trustee OF the Coca Cola Voting
Trust in place OF s. c. Dobbs resigned.
NJ. NJ Freeman & Co, OF Philadelphia
are offering $392o0o Borough OF Highla nd
maturing January !. 1927. at 100 and IN
tercst, yielding 6 pe~ cent
New-York tribune., 1920-12-31
Investment
Information

Qxcstions Of general interest e -.
veHtovs t0iu b anssoered IN this cot.
9rsn, in schich case only snittass ssiu
Be used. Others WiI Be anstusred ~
mail. Address oil inqrir-ies, inclss.
ing = stamped, addressed envelope, to
F'smoncial Editor, The Tribune. 1SI
Nassau Street, New York City.
New-York tribune., 1920-12-31
NOTICE Is HEREBY GIVEN THAT THE

NOTICE Is HEREBY GIVEN THAT THE
annual meeting OF the stockholders of
kraus Auto on Motor Corporation will be
Borough Of Manhattan. City Of New York
on the 9th day Of January. 1921. at eleven
five directors for the ensuing year and
two inspectors of election to serve at the
next annual meeting and for the transac-
tion OF such other business as may properly
come before said meeting. Transfer books
Will be closed from December 3lst. 1920, to
January nth. 1921
New York City December 2ath 1920
Is. JENSEN Secretary
New-York tribune., 1920-12-31
The range of prices follows:
Corn Market Declines
On Increased Offers

The corn market was frmer early
in the day and at one time showed
gains Of -eighths to cent, despite
deliveries Of All 900 bushels on De-
cember contracts in the Chicago
market.
Country offers increased quite ma
terially on the bulge, however, and
prices eased off rapidly toward the
close Of the session, with final quota
tions fve-eighths to 2 cents net lower
In the local cash market No. 2 yell
low was quoted at 96Mc; No. 2 mixed,
90 1sc c. i. f. New York ten days ship
mcnt
Yesterdays Previous Year
No. 2 yellow so.osls sO.9s sl.slA
Chicago:
December ..... ~ 10 13iss
mated largely by the action of corn and.
after showing an upturn OF u to NC, prices
The local cash market steady, No. /
white quoted at 81 m61-2c: No. white,
So5f Soc 10 whtte 5s@ ,i! j9'aG T%,. M1
G3 y n SIC. ordinary clipped white. 60i7 q
6lc all elevator
New vor,' Yss'gTaayS cIaaA pTSSiou' c,@so Sesg
No. white... 59lz .53l2 81 II
Chicago:
December AS II .AIi2 80 "
May ......... .49l4 .4924 10 y
Kye--Marllet easy.
Yesterdays Previous Year
New York: close. close. ago
No. WesternS1.S314 sl.s4 s1.99h
Flour and Neutrality-suspicious. were:
Yesterdays Previous Year
close. close. ago
Spring pit s. 90 Gno75 S. S.750o9.5o sl4.25
Cornmeal. 2.25M2.GO 2.25M2G0 400
Rye...... S.5OM $50 a.50@s.SO 500 80
Bran... 37.00 500 4S.5OQ4o 90
New-York tribune., 1920-12-31

Southern Spot Markcts-Augusta quiet,
unchanged ut 13c; sales 1870 bales Mem
phis quiet. unchanged at lie; sales 1900
bales. st. Louis steady. so points lower at
l4c sales nil. Houston quiet. IS points
lower at 1266c: sales 1872 bales. Little
Rock quiet. unchanged at 14c; sales 80
bales Dallas steady. IS points lower at
12.G5c; sales 1907 bales. Forth Worth
steady, 55 points lower at J. 2.75c; sales 500
bales Galveston steady. unchanged at
l3.5Oc sales 1880 bales New Orleans
quict, unchanged at 1850; sales l.l20
bales Mobile nominal at Is. 2JC sales nil.
Savannah nominal at l4.50c, sales NIL.
Wilmington nominal at l3c; sales nil.
New-York tribune., 1920-12-31
LIMA LOCOMOTIVE WORKS IxCoR.
HORATEN

80 Church Street. New York.
December 3oth. 1920.
The Board Of Directors has declared a
quarterly dividend OF one and three-o,,ar-
ters q u ss) per cent upon the Preferred
stock OF this Company for the three
months ended December 81. 1920 payable
Feoruary J. 1921. to stockholders of record
at the close Of business on January Is.
1921. Transfer books do not close
l.. A. LARSEN
New-York tribune., 1920-12-31
GULF and SHIP ISLAND RAILROAD COMPANY

NTrSt INFtEaKe KF1UHdinR and
Terminal Five Per Cent. Gold Bonds.
AS provided In Section Seven OF Article
T~o OF the Mortgage securing the Issue OF
bonds above described. the undersigned as
Trustee, Will receive sealed proposs,is UP to
3 +. NJ. on January 6. 1921, for the sale to
II of such bonds for account OF the Sinking
Fund. at a price not exceeding 40 pcr cent
and accrued interest. to the amount Of
$S6,2o0.3s. conditioned upon the payment to
the Undersigned of that amount on or boz
fore January End. 1921. provided In the
said Mortgage.
THE NEW YORK TRUST COMPANY.
formerly New York Security & Trust Coms
paEy, Trustee.
BY b. G. CURTIS. Secretary.
December 13. 1920.
New-York tribune., 1920-12-31
Mill Paws 100 p. C.. in Stock

LEWISTON, Nc, Dec 3O.-A stock
dividend of 100 per cent was author
lied by the stockholders Of the Andro-
scoggn Cotton mills at a meeting here
to-day. The action increases the CAPT
talization to 50 900 900.
New-York tribune., 1920-12-31
THE RANK OF AMERICA

New York City. December a. 1920
The annual meeting of the stockholders
OF this Eank for the election of Directors
and for the transaction of such other business
an may properly come before the meeting
will be held at the office OF tho Bank a.
January II. 1921. at one O'Clock D. m The
polls Will remain open until two o'clock D m
CHARLES Z. CURTIS. Cashier
New-York tribune., 1920-12-31
COUPONS
UNDERGROUND ELECTRIC RAIIwA
l0M HANX AE QAA0k M IrCEIh

CNDERGKOUND ELECTRIC RAILwAYS
COMPANY OF LONDON, LIMITED
49, Bonds of 1888
The Coupon falling due 1st January
1921. viii be paid and after that dato:
In London--At the London County. West
minster & Parrs Bank. Ltd. Al, 10th
bury e. c. 2.
In New York-At the New York Trust
Company.
In Amsterdam-At the Associate Cassa.
Coupons must be left three clear days for
examination.
j. l.. u LINDSAY Assistant Secretary.
Electric Railway House
broadway. Westminster
London, :. W. J.
December 18th, 1920.
New-York tribune., 1920-12-31
DIVIDEND NOTICE9
Garfield National Bank
kr,rI Au AMI a.nD ON
9TH Av. AND 2sRD ST.

New York, December %, 1920
At meeting OF the Board Of Directors.
held this day, quarterly dividend Of Three
ger Cent. and an extra dividend Of Three
Per Cent. upon the Capital Stock OF this
bank was declared, payable, FREQ OF City and
State tax. on and after December 81, 1920,
to stockholders OF record at close Of bust.
ness December 20. 1920 Transfer books
VIII De closed from December %, 1920 to
January 3. 1921.
A. w SNOW. Cashier.
New-York tribune., 1920-12-31
Garfield National Bank,
200 FIFTH AVENUE

New York. December 30, 1920.
The annual meeting of the stockholders
OF this bank for the election of directors
and the transaction OF such other business
as may properly come before the said
meeting Will be held at the banking house.
Flith Avenue and Twenty third Street on
to IL NJ.
a. w. SNOW. Cashier.
New-York tribune., 1920-12-31
Why C. & o. 4s Declined

Question-l have two Chesapeake & Ohio
convertible 4la per cent bonds. 1880 whirh
l purchased few weeks ago at about "a
ana thought they were fino buy at that
low as II and would like your opinion
edge security7 The only thing that womid
make me doubt this Is the fact that at
the present price they would net around
per cent. and II perfectly safe are they
rot as desirable as any ten-year invest
ment? What railroad bond can you rec
years that will pay toward per cent and
be high grade "A. II. w
Answer Chesapeake & Ohio con-
vertible AZ per cent bonds are not
gilt edged. They are secured as fol-
lows: A third lien on $50 miles, fourth
lien on 500 miles, fifth lien on 252
miles. There are s1O0,S 900 of prior
liens. The Chesapeake e. Ohio is a fine
road, showing considerable improve
ment and we regard the bonds as a fair
investment. The bonds sold at 7S and
higher not long ago because the general
bond market was stronger. Since then
a considerable amount of liquidation
has taken place. This has caused lower
prices in practically all securities
Canadian National Railways Equip
ment per cent 1885 yield almost 7
per cent. as do Canadian Northern
Railway dcbenture per cent 1870. We
regard both, in consideration Of the
fact that the Dominion government is
behind these issues, as high grade
New-York tribune., 1920-12-31

The firm tone which has prevailed IN
sugar markets for several days contin-
ued yesterday, with no change in prices
announced Holders of raws were look
ing for higher prices if loan negotia-
tons are completed as expected, and
slight advances were asked. Futures
were not quite 40 steady, and regis
tered slight loss on closing quota
tions, which werc net unchanged to 5
points lower
Coffee Futurcs-Reports OF q stronger
Santos market helped prices here. and final
quotations were to l3 points net higher.
The spot market waH still neglected.
The ranpa Of Drires.
New-York tribune., 1920-12-31
GENERAL MOTORS ConpoRAr1oN

The Board of Directors of General
Motors Corporation has declared a dividend
OF <l.50 share on the preferred stock
dividend of S1.5o share the 81
debcnturc stock. dividend of Sl.75 a
share on the 7Te debenture stock and @
dividend OF 25c share on the common
stock without par value. payable In cash
February !. 1921. to holders of record 1t
the close OF business January 10. 1921
NJ l.. PRENSKY. Treasurer.
Dece,,,ber
New-York tribune., 1920-12-31
INDIANA PIPE LINE COMPANY.

IS broadway. New York, Dec. l1th. ls7u
Dividend OF two dollars per share has
been declared on the capital stock OF this
company payable February 18th. 1921. 10
stock holders OF record at the close OF busi-
ness January 24th. 1921.
All communications regarding payment
or change OF address should be sent to tne
undersigned not later than February sth
1921. GEORGE CHESFBRO'. Secretary.
New-York tribune., 1920-12-31
DIVIDEND NOTICES
Atlantic National Bank

257 Broadway-Opposite City Hal
New York. December 81. 1920.
quarterly dividend of two and one half
per cent (2i2 ee) and an extra dividend OF
one-half per cent. 4 Gc). free OF tax, has
been declared on the capital stock Of this
bank on and after January !. 1921, TO
s; kholdcrs of record at the close Of bus
mess. December 81 1920
FRANK E. ANDRUss. Cashier.
New-York tribune., 1920-12-31
lUITAHLE TRUST
OE NEW YORK


Successor Trustee under Consolidated
Mortgage Of International Paper Com.
pany dated January ;. 1905
New York. December II. 1920.
New-York tribune., 1920-12-31
FINANCIAL MEETINGS
The
Chatham & Phenix
National Bank

OF The CITY OF NEW YORK
The annual meeting of the share.
holders of the Chatham & PheniS
National Bank Of the City of New
York for the election of directors
and transaction of any other busi.
ness which may be brought before
said meeting will be held at tho
banking house of said association,
No. l49 Broadway, in the Borough
Of Manhattan. in the City of New
York, on Tuesday, January 1lth.
1927. at IL o'clock noon.
BERT L. HASKINS.
Vice-P Pres. & Cashier
New York Dec 9Th. 1929.
New-York tribune., 1920-12-31
Hamilton Fire Insurance Co

The annual meeting of the Hamilton Fire
insurance Company will be held at its Of
hce So John Street. on Monday. January
10Th, 1921, at . =. NJ, for the election or
directors and the transaction Of such other
business as may come before the meeting
ARTHUR LENSSEN. Jr.. Secretary
New-York tribune., 1920-12-31
Miscellancou. Oil Companle.

Atlantic Lohos Oil Co....... 2S
do pt t............... 10
toSHen ~ Coz. ............ y
ELK Basin Cons Pet CO. .. ~
Imperial Oil. Ltd ........... %
Ma .snoiiA l.c;roi"uN Co..... lGl Il
Merritt Oil Corporation. ...... l0ib
Midwest Refining Co,....... 137 !.
Mountain Producers. s.......... ssa
Northwest Oil co. Co.......... 20
Producers & Ref. Corp. CON-
Salt Creek Producers ncW. 9H
Sapulpa Refining co ........ a..
Western States OF! & l. Co... u
New-York tribune., 1920-12-31
Federal and Joint Stock Land Bank
Bonds

Bid. Ask. Yield.
y, l93s- 1929 49,: :......... 92h "a $50
Federal Farm Loan ANS
l93o-l924 - s5h 81 5s4
Federal Farm Loan AIS
l93S-192s .... S5H 81 5s5
Federal Farm Loan AVS
1937-l922 ..... 85h 81 b6s
Joint Stock Land Bank SIS
l939-l924 . 81 "a 6 30
Joint Stock Land Rank an
l93S-l923 - Al "a 66o
New-York tribune., 1920-12-31

THE ANNUAL MEETING OF THE
stockholders OF the Pennsylvania Long
Island Dew. Co, will be held at tho
Grand Hotel, broadway and 3lst St, on
We'd. Jan: -. 1921. at p. m. for the
election OF officers and such other bus-
ness as may come before the meeting
WIN. WAGNER Sec'y
New-York tribune., 1920-12-31
THE LAWYERS SURETY co. OF
NEW YORK.

The annual meeting OF the stockholders
OF this company will be held at this
ofTlce on January 4th. 1927. at IL NJ. for
the election of Directors and the transac-
tion OF such business as may come before It,
A VAN TAMBACHT. Acting Secretary.
New-York tribune., 1920-12-31
Ra,c Sugar Tone Firm;
L0ao Offers Not Taken

Current Year
prices ago.
Sugar. granulatcd. lb. .o7900.o .os 90
Coffee. Rio No: H.. .06 3l6 .l9h
Coffee. Santos No. T.. unuuoted o5
New-York tribune., 1920-12-31
Cotton StntisticS

Liverpool cabIes---Spot cotton quiet ard
20 points higher at 9o2d Sales 1000
bales. American 1000 bales. Imports }. .
900 bales. none American. Futures opened
steady at 23 to Al points advance. Closed
quiet at 2G to SO points advance. Janu-
airy. 9.29d March, 9.4?d; May, 9.67d: July
9.Sld; september. 933d Manchester
Yarns dull and Irregular; cloths dull.
Cottonseed OH
The market was active, with total sales
for the day aEgregdtng 2l.60O barrels
Final quotations were points net higher
to 10 points lower
The range OF prices follows:
New-York tribune., 1920-12-31
Widows Legacy Shows Shrinkagc

Question: would be very thankful IL
YOU could tell me something about the
following stocks. which have come to me
from my husbands estate recently: IN
and Refining, and WHY'S Overland com
mon. They have all gone down so very
much I am greatly worried, as have
very little means, not young. and
have no one to advise me. I know my
husband thought them all right. and OF
course they were bought outright and
I hold the certificates Also please tell
and when 1t natures and what 1t pays.
Especially would like to know what Is
wrong with WHY'S Overland Arc any
Of them going to stop the dividends?
Answer-Unfortunately your sccur-
tiles are highly speculative. Dividends
are not sure, as you know by the action
os the WHY'S Overland directors in
passing the preferred dividend. 1t is
very difficult thing to advise you, for
OF course just as long as you hold
these stocks you will be speculating
The amount of money You would re-
celve for them at present prices is so
little that perhaps, after all, you are
entitled to see the affair through. 1t
is likely that some day these issues
will sell higher. The fourth Libem my
Loan natures October Is, 1893, but
the government has the option of cali
ing the bonds at par on and after Oc-
tober 10. 1888. The bonds pay 4l-4
per cent per annum. April and October
10. The recent price was about 86.
New-York tribune., 1920-12-31
Livestock, Meats. Provisions

Bank of France
PARIS. Dec. 30-The weekly state
ment Of the Bank of France show the
following changes:
New-York tribune., 1920-12-31
New York City Bonds
New York State Bonds

Issued In coupon and regiatcred form,
not interchangeable Coupon bonds regis
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-10-11

JOURNAL WANT ADS BRING
RESULTS.