davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-06-22
Cleveland Short Line 4%s.

The Cleveland Short Line Railway
Companys first mortgage Az per cents
are available at about their low price
or the year, 50, and for those interested
in long term high grade railroad in
VeStment possess attractive features
Only 11,S00,000 of the bonds are out
standing. and the mortgage is closed.
They were offered in 1913 at 95H, their
current price being within 10 points of
their low record touched last year and
22 points less than their top figure
reached in 1917. The bonds mature on
April !, 1861. Interest on them is pay
able on April / and October 1. The line
was originally leased to the Lake Shore
and Michigan Southern, and in 1915 it
conveyed its property and franchises to
the New York Central Railroad. The
bonds bear the indorsed guarantee of
principal and interest of the Lake Shore
and Michigan Southern, now CONSOLE
dated into the New York Central The
property or which the bonds are Sc
cured, a first mortgage on 2029 miles
of double track from Rockport to Cleve-
land affords the New York Central an
unobstructed route for freight trains
around the city and traverses an impor-
tant and rapidly growing industrial dis
trict on the south side of Cleveland.
York Centraps refunding and improve
ment mortgage of 2013 and legal invest
ments for savings banks in more than a
dozen States, including New York, Mas
sachusetts anG New Jersey.
The New York herald., 1921-06-22
Belgian Government ss.

With the expected improvement later
in foreign exchanges generally, Belgian
Government 6s of 1920 show good
promise as holders of them have an in
terest in conversion privileges. They
have the option at any time until their
maturity of surrendering them and re-
questing their fiscal agents, under regu-
lations to be prescribed by them, to sell
1900 Belgian francs, a $1,000 note, at
such rate in the market as may be OBJ
tainable, but not less favorable than II
francs, a dollar Cor 9.09 cents france.
On such sale the holders will receive
par and accrued interest for their notes
and half of the profit on exchange. the
other half of such profit being retained
for the account of the Belgian Govern
ment. The holders are to pay custom
airy commissions for the sale of the
Belgian exchange, not to exceed one
quarter per cent. Of the principal amount
OF the surrendered notes. That option
operates as a call on Belgian exchange
during the life of the notes emitting
their holders to half of the profits aris-
Ing from the sale of Belgian exchange
on any advance from the rate of IL
francs a dollar.
The New York herald., 1921-06-22
For Those Having Maturing Bonds.

Holders Of bonds maturing in the next
few years would do well to consider
their conversion into issues of longer
maturity. Financial experts are of the
opinion that five years hence long term
bonds of the gilt edge class will be un-
obtainable to yield better than per
cent. Such bonds can be purchased to
yield from to per cent. with safety
for many years. Furthermore, most Of
such bonds are not callable before ma
turity, a distinct advantage to the in
vestor. When money rates shall come
down to a point at which large corpora
tions can obtain funds from banks on
favorable terms, it is reasonable to pre-
sumo that many high coupon bonds will
be retired ct premiums agreed to. When
that time shall come investors will be
unable to obtain from high grade bonds
anything like their present returns. Ex-
perienced bond men say that one OF the
sure signs of the near approach of a
strong bond market is the reducing and
passing of dividends on stocks. Only a
short time ago bond statesmen often were
told by investors that stocks were so
attractive that they would not consider
bonds Recently there has been a
change of sentiment. Such Industrial
stagnation as we are experiencing re-
suits after a time in freeing funds which
naturally seek employment. The bond
market benefits directly from such a
condition because high grade bonds with
a good market appear to be ideal in
vestments for such funds. AS surplus
funds increase money rates naturally
come down and bond prices RISE
The New York herald., 1921-06-22
Railroad Bonds Go Higher.

The feature of yesterdays bond mar
ket was tins sharp recovery in Cuba
Cane Sugar convertible debenture IS
which touched a new mark of 90 and
then rebounded strikingly to 6S for u
net gain on the day of nearly points
Railroad bonds were higher as a class
and foreign government issues were
strong. Liberties showed little change
at the close the fluctuations all through
the day being exceedingly narrow. \
two point break occurred in Norfolk and
Western Pocahantas Coal and Coke as,
which declined from 7SIh TO 71ls between
sales. Pennsylvania rs we're up TO i0iA
and Frisco income 6s got as high as
49M. American Agricultural Chemical
7lRs. an issue which has featured the
market more or less Of late, declined
ia points. to 92la. but quickly recovered
TO 9iil, where they closed UNCHANGED.
The New York herald., 1921-06-22
Georgia Midland.

Certain leased line bonds OF strong
companies deserve about as good rat
ing as do direct obligations of those
companies. The Georgia Midland Rail-
way was leased i'm 1896 to the Southern
Railway Company for ninety-nine years
for $49,500 a year, being the interest
on its bond issue, and $4,000 year for
terminal property in Columbus. The
roads capital stock Is owned by the
Southern Railway Company. which con-
siders is so important that it has re-
served an equal amount of development
and general As TO retire the Georgia
Midland bonds at maturity. The road
gives the Southern Railway entrance
into Columbus, Ga, and comprises part
OF the line between Columbus and At
lanta. The bonds are outstanding at
less than $4,000 a mile. The only bond
issue on that line is the first 3s. due in
1946, and secured by a closed first mort
gage on about ninety-eight miles of
road. At current prices 1t yields about
$50 per cent.
The New York herald., 1921-06-22

terest TO s1Ot30. The syndicate in
making its offer TO take the $4,000
600 and market the balance stipulated
that all other offers be rejected. but
ut the solicitation of Gov. Sproul with
drew the condition
The bonds will bear per cent. in
terest aud are for thirty years. The
first payments will be duo July /. The
banking syndicate handling almost all
The issue Is composed OF Drexcl and
Company and Brown Brothers and Com
pany, philadelphia National City Com
pany, Guaranty Trust Company and
Harris. Forbes & Co, New York. and
Union Trust Company. Pittsburgh.
The New York herald., 1921-06-22
STATE OF PENNA. SELLS
IS MILLION ROAD BONDS
Syndicate Gets Large Part at
Par and Interest.

Special Despatch TO Tl1n New YORK HERALD.
HARRtsBURG, June 2l.--;The Common
wealth OF Pennsylvania arranged to-day
for the marketing of its entire series
G issue of road bonds. amounting 20
S15,O00,000. All the bidders will be fur
nished with the amounts they asked.
while the balance will be marketed by
syndicate
This syndicate Is purchasing $4,000
600 at par and interest, while other
bidders are taking 100000 worth of
the bonds at bids of from par and In
The New York herald., 1921-06-22
TAX WRIT BY STOCK EXCHANGE
value S7.5Oo.OOO, Say Governors
sO,SOO,OOO, Contends Board.

The New York Stock Exchange OBJ
tained yesterday from Supreme Court
Justice Donnelly a writ calling upon tho
assessing the Stock Exchange building
and cite, on Broad and Wall streets. at
50. 500 600.
The governors of the Exchange de-
clare that it Is actually worth only
81, 10000
The New York herald., 1921-06-22
Locw's, Inc, 1st Mortgage Bonds.

Loew's Inc, has sold to the American
Bond and Mortgage Company s1,S0O,0O0
of its first mortgage bonds bearing in
terest at per cent. The bankers are
offering the bonds, guaranteed as to
principal and interest, at par, the bor-
rover contracting to pay the normal
Federal income tax up to per cent.
Every one of the bonds will have a
certificate of the Lawyers Title and
Trust Company of New York, certify
ing that it is a first mortgage and that
the title of the fee is guaranteed and in
sured by the Lawyers Title and Trust
Company. The properties on which the
bonds are a first mortgage security, are
located at Broadway and Eighty-third
street. New York city, and at Broad and
New streets. Newark, n. ].
The New York herald., 1921-06-22
Railroad Finance Applications.

The Missouri Pacific has applied to
the Interstate Commerce Commission for
authority to issue s5,501. 500 of it's first
and refunding mortgage gold bonds due
on February 1, 1949. for not less than
80 per cent. and to pledge them for not
less than rs per cent. as security for
notes which it may issue. The Mononga-
hela Railway Company has applied for
authority to issue S1,300.000 of its C
per cent. first and refunding mortgage
bonds. The Terminal Railroad Associa-
ton of st. Louis has been granted
authority to issue $4,000 Of it's gem
eral mortgage bonds to reimburse its
treasury for expenditures for additions
and betterments.
The New York herald., 1921-06-22
French Rep 719s
receipts
United Kingdn

40. .073S
30. OF 5-l6
- NAN
The New York herald., 1921-06-22
Bangor and Aroostook.

A small road that has shown i'm
proved earnings in the last few years is
the Bangor and Aroostock, operating in
the eastern part of Maine. Its earnings
arc better than those of any other New
England road. The Bangor and Aroo-
stock first 5s are a first closed mort
gage on more than 200 miles of road,
most of which is main line property,
and enjoy a fairly good market over the
counter and can be bought to yield CTS
per cent. They bear high investment
rating and in 1919 sold for about 10
points more than their present prices.
The New York herald., 1921-06-22
FORM BOND C0pAnTNERsHip.

A copartnershlp has been formed un-
der the firm name OF Colgate & Cox for
the transaction Of a general investment
bond business in Ill Broadway. The
partners Of the concern are Craig Col
gate. formerly OF Colgate. Parker G Co.
and Gerard Hutchinson Cox, formerly a
partner Of Brown, Green Il co.
The New York herald., 1921-06-22
commonwealth Edison Issue.

The Commonwealth Edison Company 8
new s6,00O,OO0 of first mortgage bonds is
expected TO be offered by Chicago bank
ers in about two weeks. The coupon is
expected to be 6is per cent and the
maturity fifteen years. II will be Sc
cuned ratably with the outstanding )
per cent bonds. The last previous block
of per cent. bonds was $1,000 900. in
February 1919. on a 5l1 per cent. basis.
The New York herald., 1921-06-22
virginia Debt Bonds.

w. s. Johnston. Treasurer of the State
OF West Virginia, has announced the
completion of purchase of the 1921
quota for West Virginia of s675. .000 Of
Virginia debt bonds. West Virginia has
until the end of 1922 to redeem its next
quota. The total amount redeemed thus
far is $2,025, ,O0O
The New York herald., 1921-06-22
Hanna Furnace Bonds.

The S4,000.O00 of the Hanna Furnace
Company's first mortgage sinking fund
s per cent. bonds, offered by Dillon.
Read & Co. and the Union Trust Com
pany of Cleveland, are practically sold,
the figures showing only 100 bonds 70
be distributed.
The New York herald., 1921-06-22
NEW ATLANTA DoND HOUSE.

The new firm OF King, Blackburn g.
Co. 304 Gambler Building. Atlanta, Ga.
has been formed 60 deal in Government
municipal and railroad bonds and listed
securities. The firm will have a private
wire with Cassatt & Co, Of New York
and Philadelphia. 10 Is composed Of
Remsen r. King and Palmer Blackburn
The New York herald., 1921-06-22
Average Bond Prices
June 81, 1921
BOND NEWS AND NOTES.
Chicago Bonds Awarded.

Two bids were received by the con-
troller Of the city of Chicago for the
1888. 900 of its serial per cent. inn
provement bonds. A syndicate headed
by the Guaranty Company of New York
bid 1881. .42S and accrued interest for
the bonds, or an average of 92.347. and
that syndicate was awarded the issue.
The other bid was from a syndicate
headed by the Harris Trust and Saw
ings Bank, which offered s7,326,6S9
and accrued interest, or 92.2S73.
The New York herald., 1921-06-22
Petersburg Notes.

Cassatt & Co. of Philadelphia have
purchased from the city of Petersburg,
Va, 100000 of it's six months notes,
which have been placed privately.
The New York herald., 1921-06-22
PENNSYLVANIA on MARKET.

OIL CITY, June 2l.--Credit balances,
$3.50; runs, 1921: average, $500.
shipments. s2,397: average. l7,6ls.
The New York herald., 1921-06-22
Investor and Bond Trader.

nvesn hmsa appeamg il these coum Wilt
request description Bonds advertised Theaso
w L hons nstom aliname
Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1921-10-07
The Right Thing
at the Right Time
By MARY MARSHALL DUFFEE

planned the dianer. To serve the
bananas sliced would be just as grave
an error.
But really II Is no very difficult task
to eat whole fruit as II should be
eaten at dinner. This becomes com.
paratively easy at tables where the
English custom of serving fruit
knife and fork Is followed. The
banana should first be peeled. Morsels
should then be cut by means of the
knife and eaten with the fork. Do not
cut It all AT once.
The best way TO eat an apple at the
dinner table Is to cut II in quarters
with the knife. handling 1t as little as
possible and then to pare the skin
from each quarter and to core 1t as
required. There is quite knack In
doing this without taking the apple
up into the hands any more than nee
essary.
Pears are eaten In much the same
manner and so are peaches and plums,
but the considerable hostess does not
serve these fruits when they are so
juicy and over-ripe as to be difficult
to manage.
Many persons would not serve
oranges at all for dinner, but Instead
tangerInes that can be managed more
gracefully. Tangerlnes may be peeled
and then BROKEN into sections, the
seeds being removed by means of the
knife before taking them In the fin
gers to eat. Orange skins should be
removed by holding the orange firmly
on the plate with the fork and then
cutting of the skin by means OF the
knife. After this morsels of the
orange may be cut from the core by
means Of the knife and fork and the
pieces conveyed to the mouth by the
fork. Needless TO say, this is more
easily accomplished when the oranges
are firm and not extremely juicy. So
the wise hostess selects California
oranges for dinner, though she may
prefer those delicious Florida oranges
when they are to be eaten with
spoon for breakfast.
You may have your own pet way OF
eating grapes, but there Is only one
right way--that Is. according to the
usage. They should be eaten
by means Of the fingers Of the right
hand, the stones should then be
dropped into the left hand inconspi-
,uously and thence conveyed to the
fruit plate Cherries should he man
lged in the same way.
(copyrisht)
Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1921-10-07
PROGRESS IN SACRAMENTO.

On October !, 1920, there were 10
troops, totaling PSF scouts registered
for Sacramento. By July l of the
present year the numbers had risen 10
700 scouts In 20 troops, not including
five new troops In the process OF or
ganization, including some 70 scouts.
This splendid gain has been the result
of the tireless work and fine enthusi-
assn of the men behind it, who have
every right TO be more than proud OF
their achievement In promoting scout
ing to such a remarkable extent in so
short time. The scoutmasters'
school. conducted by the leadership
and training committee, has graduated
Al men and has had an average OF 10
regularly at its meetings a number
which has more than once risen to con-
siderably over 100. Sacramento has
also successfully put over a big finan.
cial campaign.
Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1921-10-07

TN THE formal, many-course dinner
fruit course usually follows the
sweets and cheese, directly proceed
ing the coffee. In many families fresh
fruit Is always served at dinner fol-
lowing the dessert The decorative
value of fresh fruit served in this way
has, no doubt. had something to do
with the establishment Of this course
In the dinner menu. But there are
not few good folk who always de-
cline the course because they really
don't know just how to eat 1t. oh. to
be sure they can eat oranges and APP
pies and bananas and grapes, but they
are not at all sure whether they eat
them In the right way. For caring
fresh fruit at a picnic or as be-
tween-neal is one thing. and eating II
at a dinner is another. The idea is,
however, always to serve 1t in its nat
ural form. To serve the oranges all
peeled and sliced would indeed be a
mistake on the part of the one who
Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1921-10-07
A LIVING PICTURE OF BEAUTY.

g 0METIMES we hear of the "baby
- yamp" as distinguished from the
accepted heartbreaker. That descrip-
ton just fits Georglana, duchess OF
Devonshlre, born in 1857, and the sub
ject Of one of the most famous pic
lures In the world 1t was painted by
Thomas Gainsbor0ugh when she was
twenty-seven and hangs In the Metro
politan Museum of Art, New York.
All Of those who have failed to see the
original certainly will not have missed
a glimpse Of her loyeIiness, In copies.
The duchess will be easily recalled
She is standing with profile half
turned, her golden brown hair partly
covered by gorgeous creation worn
at rakish angle, which we have come
TO know as tibet picture hat Her
d0ll-like face, with the innocent eyes,
leaves no doubt that she was baby
vamp."
The duchess was wed ut seventeen,
and by her twentieth year had become
the reigning queen Of London society.
She soon was noted for her taste in
dress and was one of the first English
women who ever had the courage to
question Paris fashions, setting a few
of her own.
The leading men Of the day gathered
around her, among them Sheridan, the
playwright, and Fox, the politician.
She had especial favor for these two,
and when Fox was hard pressed In an
election she went about the London
streets soliciting votes for him, which
caused much talk. The duchess did
not seem to care. Her beauty was
ready persuader. One day butcher,
holder than the rest, offered 10 sell
his vote for a kiss. which she prompt
~ paid, and thereby gave rise to some
famous lines about Il butcher and
fox and duchess.
Il could light my pipe at her eyes,
said ore gallant Irishman, who loved
her, with a host Of others. Georglana
was ever the baby valnp,' and IN her
blithesome way succeeded In obtain
ing a large measure Of political power,
which she used TO benefit Fox. She
also wrote number Of poems. all Of
thew having pretty sentiment, and
some Of them almost childish In tone.
They prove again that she was n baby
yampe but very sweet sort Of per
son, writing about the brooks and How.
ers and Prince .Charmings )who ran
away with mnidens. OF course, she
did not mention the maldens, such as
herself, who ran of with the princes.
The duchess life was 4 placid
stream, into which serious trouble
never entered. She cmtpued to be i
Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1921-10-07
aoop TURNS M aRlEE.

I Charles Swain, Jr., Of Cape May.
N. j., saved the lives of two city lads
who had gotten beyond their depth
and were being pulled out to sea by
the strong tide,
Scout George Kolf OF Terry, Miss,
Is the hero of llfe-saving event, hav-
Ing rescued young woman from
drowning In The lake near Camp Me-
Laurin.' where he was staying.
Troop IL Of Charleston. s. G.. con-
Quoted an anti-wced crusade last sum
mer, cutting down all the weeds which
had been nuisance to pedestrians.
A Denver boy scout, Horace Unier-
Owed into swift creek and rescued
another scout who had fallen into the
stream while attempting to cross on
log.
Jack Everhard, q Berkeley lCai.)
boy scout, saved twelve.yenr.oId girl
who had fallen into swift stream
and was utterly exhausted battling
for her life.
Boy scouts Of wichita, KAN, vol
unfairly took upos themselves the
task Of marking and cabling on the
dangerous swimming pools n the Lit
Ie Arkansas river.
Roanoke Rapids herald. [volume] (Roanoke Rapids, N.C.) 1914-192?, 1921-10-07
BOY
SCOUTS
10 81
(Conductsd BY National Council OF the Boy
Scouts OF AmosicS.J
SEA SCOUTING

pine Tree Jim, as most Of us
Know him, otherwise known as james
A. Wilder, chief sea scout, is very
happy over his experience In conduct
Ing the two sessions of training
schools for sea scouts ut Marion,
Mass. Both periods were well attend.
ed by boys from different sections Of
the country. Seven boys and the
scoutmaster made trip all the way
from Port Arthur Tex, and, Inciden-
tally, they worked their passage on
an oil boat back and forth.
The training school was ideally To-
Gated al the Tabor academy, the off.
GERS of which co-operated splendldly
with Mr.. Wilder In the conduct of the
TWO camping periods and made avail
able their facilities without reserve.
The first group were not only hap-
py but very efficient. Their maneu-
vers and general operations made
profound Impression upon Gen. Clar.
ence II. Edwards, commander In chief
of the department OF New England,
who took dinner with the sea-scout
camp one evening.
The enrolment for the second group
was even larger than the first and
passed all expectations.
II was not all play, by any means,
for each OF the groups had the expert
ence Of cruising around Buzzard's
bay, under conditions which tested
their scout training and their endur-
ance. The members Of the second
camp were mustered into service to
cooperate with the committee In
charge Of the ceremonies incident to |
the celebration Of the 300th anniver-
Sary OF the landing of the Pilgrims at
Plymouth.
The membership Of the sea-scouting
division has increased over SO per
,ent In the last year. Their expert
mental stage seems to have passed,
md the program has proven itself to
)e not only useful but attractive to
Boys, especially of fifteen years of age
md over.