New-York tribune., 1921-11-20
A Well Diversified List

too much. We are aware, OF coirse thai
n,ruit Z, ,hast three Of these bondsthc Atlantic
are s very far from gilt edge bond At
the same time It Ia tho opinion OF the
than Wr,ter that It Is policy to hold them rather
IN lnterborough rs the writer made a
the ssopiv nIsgesssG n BY MsNody on account Of
to than paoH hs OF shs bond
Sugar stock came as a bonus, worthington
as result OF the International Pump re-
or segregation: 8 Miami Conservation Dis
hIsni sGst cs IN. Rysr ss.es spd HsgSor T.
u per cent, 1910; Q Kingdom OF Belgium
~ 7M external loan, 1915: Liegett T.
pysrs pSsa c,tv per e. cent Sod notes. 1891; El
1852; Cleveland (Ohlo) Board OF T,t,uca
m; Mon per cent building, 1885,, American
hmrSao hnnS ,S.s. SG.1smpany per cent nrst mortgage
per cent debenturc. 1894; I City Of Mon
1lna, Lina rsfnnd, per cent, 1929; 3 Oregon Short
1853; I Victory. Loan 1%s io2s: Do.
mani9a 'ass St canada Victory Loan, series T.
rrefIndins Re 5s, series A. 1912; salisbury'
n; G., s'per cent street Improvement bond
Fsee ana Imp1ss nn1se.ss, Gas and Fuel first mort
1y2o; joint stock Farm Loan bonds OF
Chicago 3 per cent. 1a2a-'ss; Q Wisconsin
Ientral Inifad s. 81 & D. svlson per cent 1886
6U-VoAr
Mountain & Southern per cent; mort u,u.
& gaze r. & G. bonds, 1888; / Canadian
tcates second a1lrn1 hberty Ioan t5ant csn sep
yerted 4As: virginian Railway aps frst mort 1Tt
& sHa OSnas per sent ns scent een, 9s2 c
Southern California Edison D2"rs, nsr lSaU; osnt
dsbanture dsrt .,rs,, 1927: United Fuel Gas per
c .Sne ssa S0nsS l'ss
and electric light ss, 1914; 3 SUITE, Sutter,
osr ceunty; ssDt Saai, TaIif district
Telegraph collateral trust per cent gold.
as2s; J. ANACONDA Copper ten-year 6 per
rent, 1ass d,a Dstona (la per cent I'm
per cent pstTot aso1
Consumers Power Company first fit' lien lena and
Tsfundins snsa M5, per a.u cent gold 1886; Cuban
1892; 1 Kingdom of Belgium five-year e ss"t; &
per cent notes. 1925; Minnea polls st.
Paul sault Ste. Marie Railway second
1sas efF ey cent Of RnesD Rnnf'eDatns Mant so'S
PEI pc, cont sewage bond, 1899; 2 Miami (rla)
provement, 1894; Southern Railway frst
eonsolidated cons mortgage per cent gold
per cent equipment trust. Series A, 1924;
New York Central Railway equipment
trust tM :, 4Ms: lol7-.2s; 1 City Of High Point
per cent water 1e4s; Southern Pacif1c
7 : per per cent It equipment % trust, Series r. 1895;
Series A. 1885: Mack Manufacturing Com
pany first mortgage per cent gold bond
1897; City Of Nashville tTenn.) 6 per
1850: ! City Of Tacoma, .(wash.) per
cent; Green River special water, 1892;
a.. C. street improyement s f per e. cent cent
1897; Island Refining Company. 7 per
cent participating gold bond, 1929: 2 Akron
(Ohio) water works extension b.as, 1898;
l Packer Company Of Texas special road
per cent bond. 1885; Bush Terminal
gold bond, 1860: Iiiinois Steel Company
4Ms debenture bond, 1910; 2 Grand Trunk
Pacific. Lake Superior branch 4 per cent
gold, 1926; Central Leather first lien 5
per cent twenty-year gold. 1925; ! Amer.
ican Smelling and Refining Company first
1947; / Grand Trunk Of Canada sinking
fund debenture gold Z per cent 1910;
ngdom Of Norway sinking ortb fund hsr3H
loan 4As: 1 City Of statesville (N g.
Port Of Seattle lwash;, ASH ,,1s general general
assst dS2 No }rsx PER 9sn SsnS boaS 59aS
District No. 4. W per cent, 1880; l PR
mingham DR.. District Clay County !Mo.>
per cent: 1ass government % Of Philip,
Improvement. f 1850; Midvale Steel sink
ing fund gold per cent. 1895; Chicago
& Western Indiana Railway collateral
trust sinking fund gold 7Aas, 1925: SOUTH
1929; Lehigh Valley Railroad company
ten-year per cent collateral trust. gold
1928: Lake Shore & Michigan southern ooe
Of the French Republic twenty-five-year
sos San nsr cent rsre cenn3n
Improvement. Road Districts 8. and s.,
1897; 1 William Whilmcs 4 Son Parson
Pulp and Paper comPany JOINT and nduntv re
(Ark.) road Improvement, district No. J..
5h, 1881; Union Tank Car Company
cent nd nsr cent cola bonas
1881. 2 Grand Trunk 61s equipment bonds
1895; i State of Minnesota CERTIFICATE OF
Indebtedness S. 1928; General Eiec.rlc
Kennecott Copper Company ten-year z per
cent 1890; Northwestern Bell TelSehon,s, M,
psT cent r a pess Brsen Fain
and ireland ten-year bh convertible, 1929;
Bessemer (Ala.) per cent school bonds
1884, United states hobeef ~
debenture per cent 1919: Colorado &
Southern first mortgage per cent GOLD
1929: 20 shares Standard Oil OF New JeI-
sey preferred; 10 shares winnesboro Mills
United States Rubber guarantee: ~ snarea
Atchison, Topeka & Sante Fe common;
40 shares United States Steel preferred, 10
shares Cuban Sugar tcost $S.53 for tho
two), s shares Dodge Manufacturing Com
pany preferred. 10 Utica Knitting Company
preferred. 80 Armour & CO. preferred;
shares Worthington Company, Glass A; 9
shares Armour Leather preferred; ~
shares Armour Leather common. 10 shares
Steel and Tube prcferred.-F. H. N.
Answer-You have remarkably we'll
diversified list. You have wisely, we
think, included a large number OF
municipal bonds. We agree with you
in believing that it would be better to
hold the Interborough Rapid Transit
Is rather than to take the loss involved
in selling now. Atlantic Fruit, on the
other hand, is so completely specula-
tive that we hesitate to express an opin-
ion. Cuban Sugar Mills Corporation
has been reorganized as the Cuban
Sugar Mills Company, we are informed.
The company no longer has an Office in
New York, and we think that you
would do we'll to write to the company
at Havana, Cuba, unless the broker who
thoritive information, Massachusetts
of Island Oil and Transport. The Is
are secured by lien on the property
of the company, but there is not enough
information available to serve as
basis Of judgment as to safety Of the
bonds. Wo have no information on
Mack. Manufacturing Company. Your
stocks, except the Standard Oil and
United States Steel preferred, arc
snecu1n%ivr and wa would rather havs