davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Doomed Man Has Difficult Choice

Quertion--I am an advanced pulmonary
,S ra.,snt ~ disease hss assunsa
deee,'tiy should have an mao com" q .: sio
week. | hkyc $4,000 that want to In
stst at the highest portable rate " interest
That can be rdalasd. aud at the KANE t'nc
hive The money absolutely safe DO yuu
feel am lus'iii''l In taking speculative
~ all ahvisnb bad hoped for soine-
thinIE to yisid y per cent, Out guess his
not hasitatc To Tie tho money up for, aay,
ton. slftc.n, twenty Or thirty years /. II
Mas NJ sure ami ! could in-rcby go, a .t,ef
heon.r from II. Have In all $1,000.
a. H. 81.
AnsWcr--You have an exceedingly dif-
Gcult problem. 1t would be easter for
us If VIC know how long you can ren-
sonably expect to live and how old you
are. II you arc mora than fifty an
annuity will return you more annually
with safety than high grade bonds will,
the principal being cxtinguished with
your death. Your choice, we think,
Hes between investing in good grnde
bonds yielding about 6ia per ccnt and
bonds OF less security yielding about
. per cent. II we were In your place
and had SO great need of current re-
turn we should be strongly inclined to
take some chance with our principal
for the sake 6f greater present com
fort. That is only a personal opinion,
however. You are compelled by your
physical condition to take long odds
anyhow. We cannot, however, under
take to guide you in obtaining an in
come of as much as $40 week on
$500 principal. You would not be JUS
tilted even In attempting 1t unless you
wore in close touch with the market
and wore an experienced speculator. So
I'VE leave the choice between safety and
high yield with risk to you. If you
determine on safety, we would suggest
that You put your $4,000 into the fol-
lowing: $1,000 Canadian Northern per
cent deben lures, 1910, to yield close to
per cent; $1,000 Steel Car Equipment
Trust certificates, to yield over per
cent guaranteed principal end in.
terest by the Pressed Steer Car Com
first and refundinE ~, 1870, to yield
ever per cent; Il 900 French s per
cent, 1945, to yield per cent. and
$1,000 International Mercantile Marine
first and collateral IS, 1871, to return
TAI per cent current and 8.51 per cont
to maturity. These bonds will give you
$3.50 year and will be safe and we'll
diversified. If you demand higher
yield, we suggest twenty shares Of
American Telephone and Telegraph
stocks ut about 103, to yield 81 per
cent; twenty shares Of American Bank
Note per cent common (par $500 TO
yield nearly 8 per cent; $1,000 Sinclair
Consolidated convertible tbs, 1925, to
yield 10.15 per cent to maturity, and
the rest in American Car and Foundry
stock. This list would give you about
$4b5 year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Asked to Exchange Public s.rv,e.

notioe of You can find time to take
in yon OF the letters you receive shown
Is past my understanding. In July issue
! Nm ma refer reference to the Public Service of
l us ners esa per Gent eonverthle notes
and o. Having no particular need 10
J increase income, or make change in In
vesllnent. ! had planned to hold these to
maturity. Please note copy OF letter which
a friend of mine IN the banking business
addrsssed to me July ]. recommending an
refunding cs. The Appalachian comnanv is
no, very ~ wei i known TO the public at large
arc interested IN the propositions and anr
told that the Alabama Power Company is
lls" making either change as susgested
or simply keep the New Jersey notes To-
maturity and then invest the money later?
Answer-Appalachian Power first
50 bid, IL asked, and Alabama Power
first mortgage lien 6s at about SAX.
we are inclined to recommend shifting
from short term into long term bonds,
and think thst the Alabama Power bonds
are good investment. On the other
mana there is a possibility that this
market will be pretty we'll saturated
with foreign government bonds, espe-
cially II the German indemnity bonds
are sold here with some sort of Allied
or United States guaranty, and in that
case it might be good thing to have
money coming due in 1922 On this
question your judgment is AS good as
ours, probably. The Public Service note
is convertible into per cent preferred
stock Of the company. The price, a
little over 90, involves more loss at a
sale now, we believe, than you should
take, considering tho security of the
note.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Man Of Sixty Wants Fiv. Bonds

Qucstion--Wil you be Kind enough TO give
ne tho Mares Of four or iiye bonds which
you would consider safe Investment for
Investment for an income 1 should like the
return to be as great az is consistent with
safety---H. r. r..
Answer--1he following is list of
bonds we consider good kpr investment
for a man of sixty who desires az high
an annual income as possible: Shaw
inigan Water and Power ~. per cent
secured notes, duo 1925, recently Of
fered ct a7.65; Puget Sound Power and
Light 71as, due 1910, recently offered
at a715; Kingdom Of Norway So, due
loi0, recently selling at just above par,
ind Connecticut Light and Power I
per cent sends, due 1851, recently Of
furcd at c5.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Cerro de pasco Ia

Question--Will you please give me your
opinion Of the Cerro de pasco convertible
per cent bonds az security? Do they
phone and Telegraph stock at current
prices III. G.
Answer-We believe that Cerro de
Pasco convertible S. are a good invest
ment. The copper situation has been
bad and there still are large SURPRISES
of copper, but in our opinion the worst
Is over, and unlike some other com
modltles, copper will begin to be alb
the Cerro de Pasco Is q somewhat safer
investment than the American Tele-
phone and Telegraph stock. The bonds
are the direct obligation Of a strong
company which cannot mortgage its
property without making these bonds a
prior lien. They are convertible into
stock at $33 La a share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Attractive Convertible Foreign Bonds


Question---At various times my son. who
is now one year old, has been given pres
ents of money. Rather than put this in u
savings account will you suggest SORE
good investment that be handled on
the partial payment plan. preferably
something yielding about per cent or
better and maturing in about twenty
years. What do you think of foreign
bond II. II. b.
Answer-There are several foreign
bonds which would be excellent invest
mcrts for your little son. We suggest
the United Kingdom Of Great Britain
and Ireland ten-year convertible W
per cent, due 1929. 1t was recently
49," cont to ror+pritv. 'Th, hord ie
dollar issue, but is convertible at any
time prior to maturity at 100 and in
terest into National War Loan s per
cent bonds, fourth series, sterling ex~
change being computed for the pur-
pose Of conversion at the fixed rate
Of $4.30 to the pound. The war loan
bonds are payable in sterling at 105
on February 1, 1929, in London. If at
tnat Ime uteAiine ,I..e..AMeo .noulu De
at par, s4.8665 to the pound, you would
receive $118.85 for each $500 par of
the bond bought now, and that figure
would show you a profit of nearly $2s
legal for some savings banks in this
country and we think it is good in
vestment. Another foreign bond which
has an attractive redemption feature
is the City of Copenhagen 5h par
cent redeemable sinking fund gold
bonds, due July 1, 1914. Beginning
1925, S per cent of this issue is to be
redeemed at par. At recent prices,
around rs, the bond shows an annual
return of 1888 per cent and profit of
about 80 per cent when called. Another
foreign bond with an attractive re-
demption feature is the Belgian IN
per cent, 100000 of which will be
called at liz each year by drawing.
We suggest that you do not overlook
the possibilities of the building and
loan system as an investment for your
boy. If you buy bonds on the partial
payment plan be careful of the broker
you select.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Days Dealings i'm Bonds
The Market

All through the week there was a
moderately firm bond market Accord
ing to The Tribune averages, the mean
price of ten representative rail bonds
rose in week from 1913 to TABS;
ten industrials from S1.e5 to S1.s5;
and five utility bonds from 1910 to
1902. The fifty stocks increased from
$500 to e5.3s. Bond men say orders
are coming from multitude Of buyers
OF. various means, instead of a rela-
lively few extremely wealthy ones.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Slump Helps Show Gard lnI

Ink manufacturers are experieDs's'|
a strong demand for show-csrc =
and e falling off in the purchases
regular writing f1ids in the orders =
being placed by retailers. "
lievea that the augmented demand
show-card inks comes from the III
liberal use Of show cards In VIZ W,
and ether store displays In the ga Ia
of the merchants to attract cus'asIs
while the drop IN orders Tor 81;
writing fluids is in keeping with .a s. 4
creased volume Of business gehe.&,ss
One ink salesman suggested thas <.
merchants are using less Writing s
in the signing of orders and cnesA@
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Newlyweds Can Save More Now

Quostion--wc are Interested readers Of
yoar d .,ra end NE many others
hsve been married eight months. Income.
$500. ali from salary; savings to date.
@ IN s Dsnns ss Gears which
MUM $500 twenty year HE policy
and payments for furnssssre. etc. Now
N es the pn Srg,sS 70 for w fse
aside each month into some other com.
pulsory saving scheme which would yield
instaiitncnt plant Please suggest also
three 1900 bonds for the wises own money
Saying Say stam n A. maturity =. Would you
tfastive prices III. a. "
we would suggest Colorado & South
ern refundirg Az, due 1884, a South
ern Pacific San Francisco terminal 4
and a Cleveland, Cincinnati, Chicago
& st. Louis 6, due 1929. We would bc
inclined to adviAe you to sell your
war savings stamps and to buy Vir-
gilman Railway first IS, which come
in $500 denominations and are due
1862, and yield At present ptices nearly
6 per cent. You can buy 800 bonds
on the instahment plan and We would
suggest that you start with Montana
Power 81, due 1943. which you can get
In 500 denomination, at price to
yield in the ncighhcrhcod Of 615 per
plan purchase without being sure of
the integrity and strength Of The
house with which you are dealing, You
should pay an ample service charge
Don't bite of more than you can chew
You ought to have small checking
account st the bank. and ample lie
Insurance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

The Tribune prints each Day tM \
turitp dates Of all actire bonds a'ses|
on the Ne1o York Stock Enehdngs.
return on q bond to the iavcsto, eeps..I
upon three factors: the rate Of ,s'asl
the security bears, the rdrMI III i.s|
end the distance Of the maturity I
To figure the precise yield on eo~ I
IS necessary to use yield taeIes' p .sf
appro@intat yield can roughly % t gss,
out by the foilo1oing formissd' ~. y,
the closing quotation on oeaa ~
the rate Of interest it pGss, ana ~ ~ 4
suit aoiu be the annual return " :
bond Is selling beioao par yos "a 4
Gllow also for the apprecsatiox o. :
principal. To do this subtract Ae "
ket quotation from. par, or 100, aA4 :,
vtde the remainder by the nuS00 :,
years the bond has TO rxn befen ~ =
turity. For example, II q 8 PER =,
bond is selling at 90 and 'Ads tss W,
TO run, the dHnuci return Otn % v, !,
per cent. The difference bctrss1 4,
and the market price psH be 10 pr
su1tractfhg 90 from 100. Dirsd'aq i +
points By ten gears, the quotiess w.
1. This figure is 10 be added % =.
aohtch Is the annual return, and Ms !.
sat, 7.G6 per cent, will give soS :
approximate weld.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

Questions Of general interest TO m
rrstofs ssisl on aasatcred IN this col
unn. liz sckich case oniy initials vii!
% used Qthcis wsn De ans,oered bs
mail. Address all Inquiries, inclos-
ing a stamped. cadrcssed enpeiope, to
ttnancial Editor, The Tribune. ISL
Nassau Street. Ncsp York lrifu.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Playing the Other Fellows Gam.

Question: wish you would kindly IA.
form me In regard to Magma Metal Cor
poratfon, OF 100 sixth Avehuc. The stock
mas been offered TO me AZ a safe invest =
mont and good paying dividend. Also
y ~hat DO you think 81 Middle states
Answer-Magna Metal stock Is not
safe investment, in our opinion, but
doubtful speculation. Middle States
Oil is somewhat better, for 1t is a
producing company with real earning
power and the stock has good market.
but it Is too speculative for us to sd-
sise you about buying or selling It.
Don't try to make money monkeylnc
with speculative securities Unless you
are convinced that YOU know some
thing about the game.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
DIVIDEND NOTICES
WESTINGHOUSE ELECTRO

e. MANUFACTURING C0MPAs,sas vi
A Dividend of tive ner cent - rsesl
share) on the COMMON stock OF ts "a ,sst
pany. for the quarter ending J uiie ssss,,lae-s
will be paid July So 1921, 70 sfecss
OF record as of Juae 80. 1881. .aree.
III. r. EAETZ. Tressa
New York. June Is. 1921.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Prospects of Telephone Stock

Question-The American Telephone and
Telegraph Company is offering new stock
10 lts present shareholders, ut par G00).
YOU opinion rs to the Investment value
OK the stock at present market prices
around 1913 and the new Issue at par will
be greatly appreciated. Is the 8 per cent
dividend lately announced likely to be
continued otter the new issre IL noated?
III. X.
AnswcrThe American Telephone
and Telegraph Company has paid divi-
dcnds Oh its common stock for many
years. When the dividend rate was in
creased from s to 8 per cent recently
the company said that it was done with
thg idea OF making it possible to float
stock ut or about par, instead of Dor
rowing. Therefore: il is reasonable to
suppose shat the dividend rate will be
kept around 9 per cent AS long as the
company is able, and as long rs the
cost Of money makes necessary the
payment of per cent on {. stock to
keep it above par. Of course, if the
company made SO much money that it
could pay per cent or more, regard
less Of money rate conditions, that
might he done also. We rate the
shares as q good business mans in
vcstment. There Is no preferred
stock ahead Of it. OF course, when
$o0.0O0000 IN new stock is put out it
will tend to average down the price of
the whole common stock Of tho com
pany. That and the depression in the
whole market account for the loss in
the price of the stock since you wrote.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Gets Financial Advice From Friend

Question--Wouid you please give nc
some information about United Royalty?
a friend OF mine wants mo to buy some Of
these St1ares.--C. ~
Answer--United Royalties stock is
toe speculative for investment, in our
opinion. Do not take advice from
friends about your investments unless
your friend is an investment expert.
You would not ask him to design q
house for you unless he was an archi-
tect, would you? If he is salesman,
remember that his first interest is to
make sale, and be guided accordingly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Bought Shares. Not Stock

Question: will greatly appreciate your
opinion Of tho First Peoples Trust Com
pAny Of Boston. in which concern / bought
etock.--D. K.
Answer-You did not buy stock in
the concern you mention, but shares
In trust. The shares are speculative.
We are sorry, but we cannot predict
how you will come out
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Investor Wants His Holdings Checked

appreciate YOUR comment as to Ie,s whst hcr NJ
not they may still be considered perfectly
safe: United states Rubber 5s due 1947;
Washington Railroad and Navigation Com
pany As. due 1861; Minneapolis st. Paul &
Sault Ste Marie As. due 1885, Kansas City
Terminal As due 1850; Chicago Union Sta
ton as, due 1858; Great Northern joint
lss, due 1885; Standard on of New Jer-
scy preferred stock; Western Electric Com
pany Is due LOBE H. c.
Answer.-Your list is thoroughly
good, in our opinion. The depression
in the steel business and in the rubber
the United States Rubber IS to sell
rather low in the market, but we think
the bonds are safe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
This Is What Happens 10 Lambs

Question: beg your adviceNon the fol-
lowing matter: some time ago I had the
misfortune 10 staff trading in tho stock
@xchanse through. broker msmber of
the Consolidated Exchange. who operates
branch office In Springfield Mass,
through whom bought the following; 100
Motors At isrs, nifty Missouri racifo pre-
fcrred at sSis and ten Famous PlAyevs-
ihtassy q, hsd aepos, i, do with mem
etJ bonds ',s, second issue. but on June
20 the. sold my account opt and though |
NED stop sale on Ntssouti Pacific at 3 !.
continental at "a. tho General Moto.s AT
0Is and she Famous Players Laeky at
S2A After taking Oft their commission
s4oc. In the face OF the conditions as
stated above. though they demanded ad-
'lifiona! margin from mo before thex Sold
took WAS entirely unjustiilcd and 1 am nov
eontamplating suing them 10 recover the
loss that they Ga uscc me. and knowing
your YOU. paper to be ON the, fair. and square
with everybody take the liberty to beg
your opinion in regard to this matter
Ihat is. ! don't want 10 mix up in the
ana ss that those l,atties viii be forced to do
INC right thinS II they were wrong in do.
ing what theg@did.---ss G.
Answer---You put up about $1,000
margin Tor lot of stocks worth at
the market about $4,000, and after
you had more than $1,000 loss
your7sroker sold you out, having called
Tor more margin That 10 what hap
pens to inexperienced margin traders
every day in bear market. There Is
nothing for you to do except to take
your medicine unless there was fraud
on the part OF the broker He might
have some trouble explaining why he
uia not execute Your stop in Missouri;
Pacific preferred
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Widow Wisely Chooses FRS, Mortgage.

toll me II will be absolutely sSfS ia nut
an my money in mortgage certificates in
the Title Guarantee and Trust Company. Az
ssomething sure In which I would set q
higher interest? 1 am widow. sisty-
three year. old. have 5000, no family ana
am victim, Of torticoliis 50 you see INV
dire condition. And as / am not able 10
go to . the :. office vii! you tell me HOY to
read for more. than forty years, ia ALWAYS
50 helpful that1 turn to 1t in my dilemma
as IN other daya I sometimes turned to
Answering first mortgage eert,t-
Gates Of the Title Guaranty ! Trust
Company are high grade, in our opin-
for you. Call the company on the
telephone and they will send man to
see you.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Seeks Per Cent and Reasonable Safety

euestion-r have $4,000 to invest. My
seems to me advisable to buy long term
possible to purchase ~. 900 denominations
by not putting UP so much money. am
not opposed to high frade ., stocks and want
market I want per cent on my money.
with reasonable AMOUNT Of safety, but 1t
FIVE shares of American Telephone and
relegraph COMPANY stock. which nets
Interested in reading your reply to the
you to learn that read The New York
political and other reasons, am now a
devout reader Of The New York tribune
w. V. n.
Answer-We think that American
Telephone and Telegraph stock is
good investment for business man
and rank IL with the preferred stocks
Of all but the strongest companies. We
mean you want per cent real income
to maturity. This is more than you
can get with safety on most long term
low coupon rate bonds, in our opinion.
One reason for this is that these low
coupon rate bonds were placed with
investors at time when che price of
money was much tower than It is to-
day. They are held by investors who
bought them at much higher prices
than they are now quoted at and who
do not care to take the loss of prin-
cipal involved in sale. You can get
per cent In foreign government bonds,
and we recommend Kingdom Of Nor
way 81 or Kingdom of Denmark IS.
You can get per cent In good un-
listed bond, such as the De Laval
Separator IS. Denver e. Rio Grande
consolidated As, due 1886. sell at
price to yield 8.27 and Rio Grandc
Western first As, due 1889, sell to yield
1900. Both are investments that meet
your requirement. Of reasonable
amount Of safety.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24
Housewife BENEFITS by Lov4r t.o..s


Question-Owing mainly to tho yedue.
tion In tho cost. Of living. my wife mas
saved about s4o6 odd from ousekscnjns
monry. This she would like 10 invcst
WIN yau kindly indicate three or fo,,r
bonds which are on the market in $500
nominal value) pieces. They should be
reasonably safe a. TO princpal and In.
tcrcst. readily marketable and give az ffrn
yield as compatible with safety. would
suggest a bond. say. OF 8 per Cent coupof,
rate. fairly long term Til maturity, now
selling at about 20 per cent below par.
which In course OF time might appreciate
in vauc.--J. NJ. J..
Answer-About the best bond for tbe
purposes you describe, we think, is the
international Mercantile Marine first
and collateral per cent 1871, recen tIy
selling at about 7sM, to yield 7.b5 cur
rent and SOS to maturity. II comes in
$500. pieces, and Is we'll secured, we
think. Another good one would be tho
United Kingdom 6 II per cent 1928, SELL
ing at about $50, to yield LES per
cent to maturity. The convertible fea-
tsrs Of this bond will give your wife
q mild gamble in sterling, for IL the
POUND goes above $3.50 before maturity
she. will have good profit. The CO.
penhagen 5Ms 1914 also come In $500
pieces. They are selling sround 7s. 70
yield an average Of 1855 per cent, de-
pending on when your bond is called.
Beginning 1925, $750000 of them win
be redeemed annually at par in united
States money
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-24

se wi
is 1887
l 1914
La Ike Shore As
1891
II S2N
Lehigh Val Is
1928
& -. 97N
Liggett & NJ
IS 1851
z S57s
lie uis & Nash
Is 1880
B 1041z
Mex Pet of y
$ T cvt SIS
1888
5 95
~ a4%
Midvale Steel
IS 1885
1 10
Miiw Gas L. As
1927
s go. e0st
M & st l. rig
5s 1863
2 49H
NJ st P q S S
NJ As 1888
s 80. 7S5
u X G. T LIST
As 1890
l 80. 6fM
I'd rs 1890
l IS
No Pacific 5s
1925
J 6 81
gen 4s 1875
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-02-17
ELLAVILLE.

ELLAVILLE, Feb. IT. - City
court convened here the past week
and an unusual amount of work was
gone through with. Judge E. J. Hart
presided, while Col. G. R. McCrory,
for his first time, acted as solicitor
Lawyers present from Americas were
Zach Childers and ]. E. Sheppard,
and from Buena Vista, Judge Craw-
ford.
The Valentine season was the in
spiration of many entertainments
here Friday evening when Miss Lii
liam Douglas entertained her Sunday
school class at the home of Mrs. j. H.
Holloway Saturday afternoon. Mrs.
H. ]. Williams received the members
of her class at her home, and Mon
day afternoon Miss Hattie Arlington
entertained the first and second
grades with Valentine box that de-
lighted the hearts of the little ones
as only Valentines can.
Miss Mae Parent was the honoree
at tea Monday evening given by
Miss Margaret iRigsby to which six
young ladies were invited. A delic-
ious hot menu was served and an
evening of pleasure spent. Present
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-02-17

Americas Monday afternoon.
Ralph MCGOWAN has gone to Mon,
trie where he will enter school,
Miss Gertrude Burt, of Lacrosse
spent the weekend with relatives
near here.
Mr.. and Mrs. J. C. King had q,
their guests for dinner Tuesday eva
ming, Rev. and Mrs. B. L. Jordan
Mrs. T. A. Collins, Mrs. S. C. Col
Inns, Mrs. w. w. Williams and Mrs
L. P. Gartner and Harry Collins.
Miss Pauline Harper and Miss ri.
len Harper have returned to their
home in Macon after a most delight
full visit to Misses Mary and Sara
Strange.
Little Miss Kathryn Stokes. Of
Buena Vista, visited Miss Mildred
Burt the past weekend.