davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-13
Investor Submits Six Groups

Question: would appreciate IL very
much If you would kindly advise me on the
from s1,loe to $1,000 and have picked out
certain bonds. to add to the securities I
and wish TO know which group you would
advise. | own the following: Liberty
bonds, all issues, SLIGO; war savings
1897. $1,000; Argentine Republic 5s, 1916,
y, 600; Japanese As. 1881. $1,000; French
As, 1917. 1000 francs; Cities Service deben-
ferred, 5 shares; Cities Service preferred
b. 10 shares; st: Louis & San francisco
are the groups OF which I would like to
have you advise me the which
%a, would best suit my investment standing,
Rio Grande, 1885, per cent. at 50; Chi
cago & Alton refunding 3s at AZ; Chinese
Smelling SIS, at II; United States Rubber
o., at II, Inter,national Mercantile Ma
4-Georgta Midland 3s, at &c; Wabash,
Omaha Division, AIS, at So; Chicago &
Alton SO, at AZ. 5--Denver & Rio Grande
first 4s at 60; Chicago & Alton 3s. at AZ;
New York Electric Light. Heat and Power
ts, at 62. 6--Missouri Pacific general mort
gage As, at Of: Chicago & Alton 3s, at
-, and chinese Government 5s, 1851 at
~ Probably you could advise me of a
better group to fit my amounts bearing in
reason picked the Chinese bond Is be-
cause am of the opinion that they are
selling less than their real value. in spite
OF the exchange situation.-H. u.
Answer-You have a we'll diversified
and fairly secure list of investments.
Our choice of the groups you have ar
ranged would be that containing Amer
lean Smelling and Refining IS and
United States Rubber 5s. Another
combination that we might suggest
would be international Mercantile
Marine IS at 76 and Southern Pacific
convertible As at 78. Possibly the price
Of Chinese bonds reflects fear as to
the Eastern political situatio more
strongly than it does the exchange
situation.
New-York tribune., 1921-02-13
Hopes to Make Living Out of Stocks

Question: hold the following stocks.
Twenty shares Shell Transport at the av-
erage OF rs, 30 Island Oil at average OF So
a share. 40 General Motors ut the average
they are paid for. ! cannot decide what
10 do. Shall / sell and invest the money
in bonds? / bought New York City de-
benture Ss at SS, and since then bought
one bond OF Missouri Pacific general a.
at 551a and now I am waiting FOR some
reaction TO buy some saorc bonds Please
give your opinion on the common stocks
I now hold, am preparing myself for a
future, I hope : may succeed so as to be
able TO make business froni dealing in
give your opinion on the common stock I
now hold, or shall l get rid Of them and
invest IN bonds ii. q.
Answer--Your letter and YOUR hold
ings show that you have not the equip
ment to succeed at the business Of
dealing in securities. There are few
vocations which are more exacting in
their requirements as to temperament,
knowledge and skill, and probably none
in which mistakes are more swiftly
and certainly punished. Nevertheless,
the outsiders blithely rush into the
stock market and bet their hard-earned
cash. There are bull markets in which
blind luck is with them, but they sell
dom make money in bear market, and
the pendulum swings Just as far one
way as the other. You had better
stick TO your present Job and put your
surplus funds into investment bonds
and preferred stocks, or mortgages.
We cannot advise you what to do with
your common stocks, which are specu-
lativc
New-York tribune., 1921-02-13
Grand Trunk Equipments Safe

Question--Please let mo have your opin-
!on regarding the Grand Trunk Railway
equipment trust bonds just issued at s6.40
and paying - per cent. Do you consider
the mas good az American equipment
bonds, such az New York Central? Also, |
would ike TO know whether you consider
the Morris Pian Company IA safe and do
sirabIc place deposit ones savings
G.. w. VAN g
Answer-The Grand Trunk Railway
equipment trust bonds are we'll secured
and backed by the Dominion govern
ment. You probably would have to
pay a premium for the New York Cen
tral equipment rs. which are just as
safe. On the ground that it is better
as rule to buy bond at discount
than at premium, we should prefer
the Grand Trunks. We regard the
Morris Plan company securities as
New-York tribune., 1921-02-13
French Intervals in New York Market

ouestlon-Win you be kind enough to
give give me some Information on French
where to buy thom ?--M. c, T.
Answer-The following is a list of
French internal bonds traded in the New
York market. We quote recent prices:
As, 1917, due after 1943, rs -4S'A; As,
1918, due after 1914, AK -4S%; Vic
tory SIS, due after 1881, STA -5SFa; 1920
premium 5s, to be retired by 1880, 6S&a-
69&; IS, 1920, due after 1881. 69M-
7o&. The foregoing prices are per
thousand francs. Quotations closely fol-
low the fluctuations of French exchange
except that in an erratic market, such as
was seen early this month, the bonds
sometimes fall behind. The coupons
remain good without cashing them for
five years. The premium 5s sell so far
above the Victory 6s because OF the lot
terry element. French Intervals may be
purchased through your own broker,
These bonds are backed by the faith
and credit of the French Republic, but
in our opinion they are not comparable,
so far rs security is concerned, with
Liberty bonds, which bear the same re-
iation to the United States government
as the French bonds do to the Paris
government, because our Gallo allies
have such huge debt in proportion to
their resources. So. far as the Amer
lean investor is concerned buying the
bonds is highly speculative because Of
the uncertainty and the wide Auctus-
ton of Paris exchange. Reputable
houses do not sell these bonds except
on payment in full. They cannot be
sold on partial payments because the
banks will not lend anything on them.
M q r
New-York tribune., 1921-02-13
Kindergartener Tempted to Speculate

Question--An a klndergartener in the
pnotic ,n,.. schools with s40o to invest in spee-
have money in Ontario & Western. Be
sors taking any shares 1 am seeking your
adyice: Is It a safe. conservative road
Is II liable to be taken over by any other
road VIII the banking investig alton or
lnvestiE alton OF coat operators affect tho
stock downward? Is it liable then to go
lower than present market price? What
~ American Can? 10 It safe stock
Would you advise taking ten shares? II
neither Of these is recommended what
stocks would you advise at what price :?
Can you direct ms 10 q reliable broker
(Mlss) X. H.
Answer-The New York, Ontario &
Western is we'll managed railroad,
but in the first eleven months of 1920
it barely earned its operating expenses
and had almost nothing left toward its
nXed charges, to say nothing of any
surplus for the stock. In the present
unsettled condition Of even the strong
er railroads an investment in the stock
OF weak road like the New York, On-
tarlo & Western is a speculation, ana
not an attractive one at that, in our
opinion. The stock of the American
Can Company is q speculation, and we
cannot undertake to advise on specula-
tlons. We would not advise the pur-
chase of common stocks. There arc
: good preferred stocks such as National
| Enameling and Stamping selling at 81,
paying per cent; American Bank Note
preferred (par $500 at Al, and others
that are frequently mentioned in these
columns. Some bonds at present prices
have both high investment yield and
possibilities of higher market value,
such as international Mercantile Ma
| rine IS, Cerro de Pasco IS, Copenhagen
SIS and Japanese Ans. Let your
brothers do the speculating. You have
not the equipment for it. Brokers who
advertise in The Tribune will buy in
vestment stocks and bonds for you.
New-York tribune., 1921-02-13
His Stock Certificates DELAYED

Question-I have purcnasec for cash the
following preferred stocks; American
LOCOMOTIVES, December I6; United states
steel, December 90; General Motors, Janu-
ary 8, and have rot yet received the GER
tiAcates from my broker. Does II take ali
this time TO make tho transfer Wv. G. Z
Answer-The delays in delivery o1
the stock certificates which you specify
are not necessarily alarming, in oul
opinion. If your broker is trust
worthy one he will explain frankly te
you when you can expect TO receive
your stocks. /. may be that he does
not know you visk to take possession
New-York tribune., 1921-02-13
Weak Railroads Costly to Investor

Question-Will you kindly give mo your
opinion regarding Wheeling &a Lake Erie
stand they were not touched in reorgan-
iHation OF the road q few years ago. They
have been recommended to me for invest
nlent at about 5T. Also what Is your
opinion regarding Grand Trunk Pacli.c drst
mortgage per cents, due 1862, guaranteed
oy the Canadian government; sterling
bona at about 265 per f10o, payable New
York, principal and interest, at fixed rate
or Ss.a6 per II What would they yield at
TINS price and do you consider them high
gradeF am almost afraid to touch rail-
road ponds, as several years ago bought
ba house he ,iasa9 sd"i9e Of Feputable banking
cents at o3. Western Pacific first SIS at 80
and Denver &, Rio Grande refundiag So at
Paeinc have been through receIyership
and have now few shares OF stock Of
each road worth less than 80 cents on
the dollar to show for my original invest
ment In Well recommended bonds Also
the Denver refundlng 5s are selling about
20; with the road practically in receiver
20, hrst S. Republic Iron and Steel first
sinking fund 6s, Northwestern Bell Tee-
phone Is, Chicago, Milwaukee & ST Paul
convertible AIS, Central Pacific short line
~, etc. | expect to have about $1,000
shortly for investment in some sato long
term bond With good chances OF appre-
ciatlon IN a few years-W. G. s.
Answer-The Wheeling G. Lake Erie
N"Hooiluaeeu per cent DondS, due IS49
are first lien on ZIG miles of main
line. The Wheeling g. Lake Erie is
one of the weak railroads. You have
had an unfortunate experience with
three other weak railroads. Under the
present unsettled railroad conditions il
would hardly seem wise to buy into
another line of like class even if the
mortgage security seems good. The
guaranty Of the Canadian government
or the Grand Trunk Pacific first SIS
makes them a sound investment, not
withstanding the fact that the Crane
trunk Pacific IS railroad project has
not been success, They would yielc
Ell per cent and we consider them
, good investments. You have a fairly
we'll diversified list, but might consider
adding good public utility such as the
Northwestern Bell Telephone 7 per
cent bonds or Standard Oil security
such as the Atlantic Refining 61a pei
cent bonds.
New-York tribune., 1921-02-13
Woman Worried About Liberties

Question: am n lone woman. advanced
in years, without relatives. Have invested
all my savings in United States Victory
bends (4%) and with the closest of econ
otny 1 can manage TO live on the interest
I am now worried that I have bough
them. Would you advise me 10 sell them
or hold on? VIII depend entirely on your
answer.--W. II.
Answer-Tour essentia! requirement
is certainty OF income. We know of
no security which provides this for
you in greater degree than Liberty
bonds. Hold on to them.
New-York tribune., 1921-02-13
Looking for His Lost 10 Points

Question: purchased ten shares of
United Alloy Steel last year at AZ Would
kindly advise me if It g a good invest
mcnt and If the stock. in your estimation
is bound = reach the price at which /
bought?-B. p
Answer-United Alloy Steel stock is
speculative; that is, it is sensitive to
earnings and market action. It is not
bound" TO do anything. Too many
elements enter into the problem for US
to attempt to tell you when you will
recover your loss.
New-York tribune., 1921-02-13
Equipments Are Well Secured

Question-Do you consider the following
good investment for woman of limited
mears and If not will you publish list
which, in your opinion, is safe ana which
makes fair return: New York Central
debentures per cent, New York Central
equipment per cent. Union Pacific equip
ment?-E. c. b.
Answer-Equipment issues are an uu-
usually we'll secured form of investment.
Default is almost unknown. We think
the two issues you mention, as well as
the New York Central debentures,
would fill your needs.
New-York tribune., 1921-02-13
Gold Basis for Honduras

SAN SALVADOR, Republic of Saliva
dor, Feb. 12.-The Honduran Minister
Of Finance has submitted 10 the Ma
tional Congress bill providing fer the
establishment OF gold basis for the
currencT OF Honduras. says a dispatch
reeeiFeS here to-day
New-York tribune., 1921-02-13
Investment Information

Questions Of general interest TO s's-
vestors sciu DO aaswcred in this cot-
tenn, ia sck;eh case only fnitidls scill
De used. Others scilI be dnssoered by
masl. Address oil iaqatries, sncloa-
lng stamped, addressed enpelope, to
fsnonctol Editor, The Tribune. 49,
Ndssca Street., Nea0 York City.
New-York tribune., 1921-02-13
Paris Market Quiet

PARIS, Feb. 12.-Trading was quiet
or the Bourse to-day. Three per cent
rentes 50 francs. Exchange on London
53 francs SO centimes. Five per cent
loan SO francs 96 eentimes. The dollar
was quoted at 13 francs 7sn centimes.
New-York tribune., 1921-02-13
East Coast Fisheries Stocks

Question-Havs been reading your in
vestment information column for some
time and would like some information con
cerning East Coast Fisheries. About a.
year and half ago bought i've shsres OF
East Coast Fisheries preferred stock at
par and twenty shares OF common. Since
then tho firm has failed. L understand
there has been protective committee
formed. Could YOU inform me as 70 what
Is taking place in the reconstruction OF
the firm? l haye been told they are still
trading in the Eaet Coast Fisheries stock.
Kindly advise me as to what 1 should do.
". J. u.
Answer-Under the management of
General George ". Goethals the two
East Coast Fisheries companies are
trying to rehabilitate the properties
You might inquire direct from General
Goethals at 120 Broadway. We We're
informed recently by l. NJ Taylor &
Co. who put the stock out, that they
would have some good news" for
stockholders soon. We are informed
it is hard to get bid for the stocks.
New-York tribune., 1921-02-13
London Money Market

LONDON, Feb. Bar silver. 3s1sd
per ounce; bar gold, loss sd. Money,
5ll per cent. Discount rates: Short
bills, So per cent; three-month bills,
65s a6~11-16 per cent. Gold premiums
at Lisbon, 140.
New-York tribune., 1921-02-13
Should Diversity His $1,000

Question: have 5000 I would like
70 &c invest and wish to TO- ask for ] some In
| bonds, aa much will depend on the advice
receive from you. l would like TO know
per cent convertible bonds and Consoi-
dated Cities Light, Power and Traction
Company first lien 5s.-C s.
Answer With $4,000 to invest you
have an opportunity to diversity your
investment. You have named two good
public utility bond issues. The De-
troiu Edison ten-year convertible de-
of one of the better class of pubic
utilities. They are, however, junior to
the outstanding mortgage bonds, which
amount to $40,665,00 The convertible
SIS are secured by promise to pay, but
not by :: mortgage on tangible prop
erty. They come, therefore, rather in
the class of business mems invest
ments than in the class of widows and
orphans investments. Somewhat the
same thing may be said about the Com
solidated Cities Light, Power and Trac-
tion Company first lien gold 5s, due
1862, but for q somewhat different rea-
son. These first IS are secured by q
mortgage on collateral, including both
the stocks and bonds of subsidiary or
allied companies. They are further Sc
cured by a guaranty of principal and
interest by the Cities Service Com
pany, which company controls the Con-
solidated Cities Light, Power and Trac-
tion, through ownership of majority
of the C. G. L., P. and T. stock Assum-
| ing that you put part Of your money
in either one of these public utilities,
some at least of the remainder should
be put into securities on which the
yield is lower. For instance, you
might buy one municipal issue sucn as
the City of New York 41s per cent
corporate stock, due 1865, and selling
in the neighborhod of 81. New York
State bonds would be equally good.
One foreign bond might be good
purchase. The Canadian issues, yield
ing from to per cent, are sound, rs
are also the Belgian tbs, due 1916
One good industrial bond, such as, for
instance, New York Dock first As, 1861
and "a bond Of one Of the Standard Oil
companies, as, for instance, Standard
Oil of New York Is, would give you q
diversity and high security for your
investment as a whole. You will find
many other sound investments men
toned in these columns.
New-York tribune., 1921-02-13
viii Invest 5000 in Bonds

Question--The writer has about $1,000
to invest and is considering the following
bonds, but before investing would appfe-
ciate your advice regarding saInc from
tho standpoint OF safety Any suggestions
you may have to offer or recommendations
Electric rs, United States Rubber Com
pany 7i2s, International Mercantile Marine
es. Western Electric rs, Swift Co. 7s.
1926.-C. II. /.
Answer--Your choice of investments
is sound, in our opinion. All are amply
secured. You might also consider the
new issue Of Northwestern Bell Tele-
phone per cent bonds and the Cana
dian National Railway per cent, 1895.
New-York tribune., 1921-02-13
Plans to Buy When Stocks Are Low

Question: have lately got interested
in the stock business because all stocks
are low Would I better select some one
STOCK and put all l can spare in that one.
or buy some OF several different kinds?
now have sen shares each Of Central
Stores and Great Northern Railroad. New
York Air Brake looks good TO me- Is st
a we'll established and all right COMPANY :?
one man says buy automobile stock as
that Is kind not MANY are buying; that
business is bound TO back why
! and which would be best to get, common u
or prrterred? II one Is going TO buy au-
tomobile stock. which firm do you think
most promising, and, no matter what stock
one buys which is wiser to get, common
or preferred? Is not United States Rub
aer a good buy? Also Burns Brothers? I
am quite tempted to buy 100 shares Of
United Retail Candy. What do you think
OF that?-F NJ. c..
Answer-Great Northern preferred
has paid dividends for thirty years
or more and probably is good busi-
| ness mans investment. Your other
holdings are speculative, being eersi-
tive to earnings and market condi-
tions. If you are beginner You had
better stay away from such issues.
You have the right idea, however,
about buying stocks in times of de-
preston, provided you take on we'll
secured issues. When times improve
they will advance, probably, before
the speculative securities. We suggest
that you invest in some Of the bonds
and preferred stocks often mentioned
in these columns.
New-York tribune., 1921-02-13
Offered Chance to Triple His Money

stock Montgomery Brooks Company, Inc.
262 Washington Street, Boston, paid SC
much down, balance on weekly payments
the exchange and 1t will be worth sac q
share by July I. the date they are going %
list II. l paid $40 share. Would you
advise holding for rise or quitting now
This company is a mali order house in
Boston.-N. V. c.
Answer--Saying that stock Of this
kind is going to advance TO certain
price on a given date is usually q
come-on device. Do not put any faith
in it. How does the company know
what the price will be five months
hence :?
New-York tribune., 1921-02-13
First Mortgage Public Utilities

Question-Will you kindly suggest a list
of six public utility bonds which are first
mortgages upon the respective properties.
OF long term, and conservative for small
Investor "A. NJ. s.
Answer-The following public
utility bonds are secured by first lien
and are sound investments, in our
opinion: Montana Power first per
cent 1943, Niagara Falls Power first 5
per cent 1882, Washington Water
Power first per cent 1899, Pennsyl-
vania Water and Power first per cent
1910, Minneapolis General Electric frs.
5 per cent 1884, Buffalo General EIec-
trio first s per cent 1889, Detroit Edi-
son first per cent 1898.
Albuquerque morning journal., 1921-07-24
RESPONSIBILITY FOR
DISORDERS ACCEPTED

Beaumont, Tex, July 23.-The
Beaumont local of the Knights of
the Ku Klux Klan yesterday sent
long letters to both newspapers
here in which they assume full
responsibility for the recent beat
ing, tarring and feathering of j. S.
Paul, local physician, and r, p.
Scott, marine corps veteran, of
Deweyville.
The communication bore the Of
ficial seal of the order and con-
tanned more than 1000 words as
an explanation of the two attacks.
They summed up with the follow
ing:
"For while the rabble with their
thumbworn creeds.
Their large professions and their
little deeds,
Mingles with the selfish strife, Lo.
freedom weeps,
Wrong rules the land and waiting
justice sleeps"
Belief was expressed here to-
night that the letters will be in
vestigated by William Joseph Sim
mons grand wizard of the order.
Of Atlanta, Ga, and that develop
ments may be expected in accord
ance with the head officials de-
clared intention today to submit to
authorities the roster of local
branches violating the Flaw of the
land"
Albuquerque morning journal., 1921-07-24
THE FACTS.

The gang busy They that "get
me- think SO. too. If they fall "gct' now /
fighting for its life and expect any quarter
to me If it desired do do they
sued everyone who could not maturity would
they please and whom
appeal to them willing allow business
the policy of the Journal
But listen the gangs" gang" says
them $500 They treated me
well and should paid "gang' says the State Ma
now due and 5000 due in the next s a9 9Se em 1
have been courteous telling the public
All Of this purchase price the Journal
Only bad conditions here and Oklahoma being
frankly worth of journal
bonds absorbed by the public II
be Ii this will be paper to
back borrowed for its price
contemplate part gangs" propaganda is their
effort to prevent the purchase Of bonds by the
Iucy false The journal prosperous powerful
as now Last year hard
the In spite bad gross receipts were
$4,000 year in the same period
last year. The journal is not making undue profits
When 'an for" propaganda the contrary you are
they wish believe their playing their
against The stability the easily established
Is no need OF listening to street Do
Il $3.50 each among the
and take one? BY that the
present policy Of the Journal How small price pay
five Thereby you avoid The danger
Of the avenues Of publicity being closed. n ~
vast importance to do
nothing for take ask you to help me
Write telling be one Of the needed 15o
subscribers bvnd. CARL O. MAC5TE
Albuquerque morning journal., 1921-07-24
z TOURISTS KILLED
WHEN A WATERSP0UT
STRIKES AUTOMOBILE

Del Norte, Colo, July 23.-Mrs.
Ernest Giesecke of Honolulu and
Miss Bertha Giesecke of Denver,
tourists, were killed near here to-
day when the automobile in which
they were riding was struck by a
waterspout in Wolf Creek pass.
The car carried Albert Giesecke
and his wife and daughter, Ber-
tha, of Denver, Colo, and Ernest
Gieseeke and his wife. The party
was on a tour from Mesa Verde
national park. The occupants of
the car who saved their lives are
in local hospital suffering from
injuries. AS the automobile was
going through Wolf Creek pass,
its occupants suddenly beheld the
waterspeut ahead. 1t swept toward
the car, occupying about fifteen
feet of the roadway. 1t struck the
motor car with great force and
hurled 1t over a precipice 400 feet
high.
The dead and injured were found |
an hour later and were brought to
Del Norte.
Albert Giesecke is former owner |
of the Denver Music company and |
is between 45 and SO years of age. |
He Is reputed to be wealthy.
Ernest Giesecke is music deal |
er in the city of Honolulu.
Bertha was Id years old.