davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
American Telephone and Telegraph

The action of American Telephone
and Telegraph stock within the last
few days has given the impression that
the company's offering of new stock
in the ratio of one new share for five
stated yesterday, however. that there
will probably be no announcement in
regard to the total subscriptions until
Monday owing to the large amount of
clerical work involved in tabulating
the subscriptions, which under the
terms of the offering had to be all in
by the close of business on July 90.
Subscriptions, however, are still being
received and this has delayed the work
Of tabulation. American Telephone
and Telegraph sold at 104A yesterday,
a new high on the present advance. 1t
is said that there has been a large
volume of investment buying in the
last few days.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Rail Shares
Firm i'm Dull
Stock Market
Prospect of Early Settlement
of Financing Problem
Basis for Buying; In
dustrials Again Neglected

In these days of grayness, when the
financial markets languish with rela-
tive inactivity, there is more in the
current railroad situation to stimu-
late the imagination of spectators in
stocks than in the industrial situa-
ton. The greater avidity is, therefore,
shewn for rail shares in the present
markets, and once more yesterday the
rails were firm, while the industrials
were irregular. The volume of trad
ing was only slightly larger than on
the previous day, but scarcely enough
to keep floor members from persuing
periodicals occasionally while the mar
ket was open.
The apparent nearness of the plan
for funding the railroads debt to the
government and of paying the roads
cash for what the government owes
them stimulates the professional de-
mand for rail shares, and, with this
improvement in thin market, some
ing the position that the railroad shares
are emerging from their depression.
If the present railroad program goes
through, industry, too, will be stimu-
lated. The railroads, whose cash posi-
tion has been critical, will be enabled
to pay their bills, and frozen credits
all along the line will tend to become
liquified. The roads will be in q posi-
ton to accept delivery of materials al
ready ordered, and to place orders, in
limited amounts, for new supplies. If
this condition comes to pass, it will
react on the steel companies the equip
ment concerns and all other industries
of whom the railroads have been Gus
toners.
In the thinness of the present stock
market, little is reflected besides the
changing whims OF floor traders, who
try to make quick profits out of fiuctua-
tons The market became heavier
toward the close after revealing
strength earlier.
In. the bond market the significant
development yesterday was a widening
Of the number of issues dealt in.
Transactions continued to be made at
rising prices.
There was reflection of the fund.-
mentally easier money conditions in
the call market yesterday. Rates drop
ped tor51a per cent and then to per
cent. In the foreign exchange market
sterling and the Continental exchanges
were firmer.
DESPITE the spectacle of rally in
exchange, cotton prices became easier,
as private forecast Of the crop in
dictated considerably smaller decline
in the size of the crop in the last
month than the ten-year average.
Wheat prices again fuctuated excitedly
ever wide range, and closed easier
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Copper Reports Due Soon

With quarterly reports of steel com
panies coming along, revealing the
serious inroads of the business de-
preston, as in the case of Republic,
attention is being directed to the prob
able showing the porphyry copper
companies, whose quarterly reports
will be available within week or two.
Business is at a standstill with most
Of them, an the operations for the
three months will only add to the dis
appointing exhibits Of previous quar-
tiers. Only the Utah company continues
to pay dividends. Directors of this
company are scheduled to take diVi-
dend action again in Septern ber.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
American Car and Foundry

American Car and Foundry was one
of the strongest of the equipment
stocks yesterday, advancing Il points
to 1851. This company anticipates a
good business in railroad repair work
when the carrier companies are placed
in funds as the result of the expected
early settlement of their claims against
the government. 1t is also believed
that a conr h1e amount of new
equipment will have to DE 1o4s,-.., ha-
cause many cars now placed in the
dad order class will probably have to
be replaced entirely. The number of
bad order" cars, according to the
latest statistics of the American Rail
way Association, were in excess of
246.Q0O.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Prospects of Easy Money

Prospects of lower renewal rates for
call loans on the Stock Exchange were
seen to-day when the charge for funds
dropped to per cent after renewing
at ". Funds sent here by out-of-
town banks were said to be plentiful,
and it was understood that loans we're
made at AZ per cent outside of the
exchange yesterday. Should this sup
ply continue abundant for few days,
it is felt that the renewal rate would
be lowered. Time money transactions
continue to be neglected until more
definite assurances of easy conditions
are had, yet it was understood that
some loans of this kind were put
trough at 6 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Days Nes0 Issues

Harris, Forbes & Co. are offering an
issue of 1898, COO City of Norfolk,
Va, municipal per cent bonds, due
$4,000 July Is, 1885, and S46S 100
July Is, 1949. The 1889 maturity is
at 104h and interest, and the
l949 maturity at 1855 and interest
to yield approximately $50 per cent
They are exempt from Federal income
taxes and are eligible to secure postal
savings deposits.
The Guaranty Trust Company Of
New York will be prepared to deliver
on July Is and after the defnitive Re-
public of Chile external loan twenty
year sinking fund 8 per cent gold
bonds, due February /, 1871, bearing
coupon No. l, due August /, 1921, and
all subsequent, in exchange for the
outstanding bankers receipts. No in
terest will be paid on tie interest war
rants appulteDant TO the bankers re.
ceipts. Accordingly, when presented
for exchange the bankers receipts
should have attached thereto the IN
terest warrants, due August /. Interest
on the bonds will be payable at the
Guaranty Trust Company only upon
presentation and surrender Of the re-
spective coupons detached from chs
defnitive bonds of this issue.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
-lothiers Bullish on American Wooden

Members Of the clothing manufac-
turing fraternity are inclined to be
bullish on American Wooden. Until the
slump in business curtailed the CAPT
tai of many of the manufacturers they
were dabbling freely in the stock mar
ket. Their interest in Wall Street is
reviving with the better outlook in
their particular line CT business. Most
of the clothing producers feel that
the showing of spring lines by the
American Wooden Company next Mon
day will be followed by generous or
gossip among the clothiers runs to
the effect that the American Wooden
Company several months ago sent its
own agents into the Western wool
country and bought up large quanti-
ties of raw wool at advantageous
prices.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Railroad TO Quit

HARRISON, Ark. July 22-J. 49,, =.
Murray, receiver and general nlsn Mas
of the Missouri & Northern ArSa .,sss
Railroad, announced to-day that s.ss.
were being taken TO discontinue OPEL f,ig
ton of the railroad at midnight ' sss
81. Appeals have been made 10 10 NJ y.
Federal government without avail: ~.
Murray stated. There viii be su7le,e rss
funds on aand August ! 10 pay Vs. -.
of employees, he said, hut it will pc ~
possible to continue after that tiiD''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
The Dollar in Foreign Exchange

A generally firm tone prevailed in
foreign exchange yesterday, but bust
ness continued in small volume and net
changes at the close were small. Cable
rates on London showed an advance Of
e of a cent ct S3.59&.
{ Continental rates, as rule. followed
the course of sterling, although Ital-
ian and Portuguese exchanges were
heavy. Changes in the eastern Euro
pean centers we're small and irregular,
exchange on Hong Kong and Straits
Settlements sagging and rates on
India recovering slightly.
The same conditions prevailed in
South America, although Venezuelan
rates were the only ones to show a
decline.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Bond Prices Continue Higher

Led by government and rail secur-
tiles, bonds of nearly all descriptions,
especially those paying high current
interest, worked slightly higher yes
terday Foreign government issues
we're in demand and new rail securities
were liked by investors. Some of the
convertible bonds ruled Arm in SYM
pathy with the stronger tone of rail
stocks on the exchange. Among the
industrials the trend was along the
lines of movements in stocks, Cuba
Cane Is and Virginia Carolina TVS
displaying further strength.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Lehiph to Ask for More Time

The coal segregation plan of the Lee
high Valley Railroad is scheduled to
come up again to-day in the United
States District Court, but the company
is planning to ask for another extern
sion of time in which to prepare the
plan. The mandate, which was filed
on February Is, ordered that the disso-
luton take place within sixty days
Owing to the present unusual condi-
tions now prevailing. however. it is
expected that the segregation plan will
not be ready for some time yet
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Financial Items

[. L. Fleming has purchased the 81 4.
York Cotton Exchange membership vi IN l.
NJ Hamlin. OF Boston. for $3.50 "hi'N
unchanged from the last previous sa'e' :,
Van Emburgh & Atterbury, members " y.
tho New York Stock Exchange, ma ss
opened branch office in the toew bus .st
ing. 1912 Broadway. at Forty afth So
under the mana cement of p n. LawfsAS~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Paris Market Heavy

PARIS, July 22.--Prices were heavy
on the Bourse to-day. Three per cent
rentes, Sc francs 80 confines. Exchange
on London, As francs 1914 confines.
rive per cent loan, so francs 70 CEN
times. The dollar was quoted at -
francs 911a confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Investment
Information

Questions of general interest TO in
Vestors aDilI be ansWcred in this col
un,n. In which case only initials will
be used. Othc,s aoiH be ansWered By
mail. Address all Inquiries, inctos-
ing stamped, addressed envelope, to
Financial Editor, The Tribune. ISL
NassaM Street. Netp York Ctr.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
London Market Quiet

LONDON, July %. - Trading was
quiet on the stock exchange to-day
Bar gold, las Cd. Money, 81 per cent.
Discount rates: Short bills, Az per
cent; three-month bills, 45s per cent.
Closing stock quotations.:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Money and Credit

Call money offerings were plentiful
on the Stock Exchange yesterday and
the rate after renewing at SIX per
cent dropped later in the day to 5 per
cent. Loans were made in the outside
market IS low as AZ per cent. The
official per cent rate on the ex-
change was the lowest since June 28.
Time money is being quite freely
offered at 6 per cent, according to
money brokers
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Bid and Asked

Following are the closing bid and
asked quotations Of stocks listed on the
Stock Exchange in which there were
no transactions yesterday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23

Bank Clearings clearings at
New York yesterday were: Exchanges,
s7575,soo,0oo balances, s64,1o0,ooo.
SiIver--London, 3Sd; New York, do
nestle bar, 99Ac; foreign, eossc.
Mexican dollars, A6ssc
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Bank of Germany Statements

BERLIN, July 22.-The statement Of
the imperial Bank of Germany, as of
July 10 shows the following changes
in marks:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Stocks Elk Dividend

July 2s-Allis-chambers Mfg Co..
July 23-Aln Tob Co, Mengel stock "a ~
July "a do Of
July 2S-General Cigar Co, Inc. Il
July 2s-Julius Kayser & Co LIST pf. Z
July 23-Mullins Body Corp pf a
July 23-Nashviiie Chat & St I. Rv AZ
July 2s--Pacitc Coast LIST pf......s IL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Widow viii Invest $4,000

Question: have read with pront your
am widow with two children, 30 that
my investments must pass a test for
safety and stability. shall be satisfied
per cent. l should rrofer to nave the prin-
cipal permanently invested for long Pc
Canadian socurities-the Provinces Of Man
itoba, Ontario and Saskatchewan and pos
sibiy decentralization like very tempt
ing and sterling securities just at present.
hace noticed that you do not often sug
gest their pursrase Do they not appear
foreign bonds, say of Norway or Switzcr-
landY The provinces seems more Ike our
own Northwest ] notice that these pro-
least eight states. / consider placing about
$4,000 as follows, and shall thank you
very much for an acute criticism and any
suggestions VIII be most gratefully re-
ceived. This is the entire sum that shah
have to depend upon for income. Chicago
Union Station rs, $1,000 Pennsylvania
| Northern Northern Pacific convertible C.
d. @ collateral SIS, $1,000; Illinois Cen
Northern Railroad IS, 81 900: Province Of
Manitoba 6s due 1913. $4,000; Province Of
Ontario IS, 1923 $3.50, $4,000; Province Of
Saskatchewan 6s. 1926. 93.s7, $1,000; Prov
ince of Newfoundland 6as, 1886. 93.62
$1,000; Brooklyn Edison rs, $1,000; West
inghouse Electric 7s. $1,000; tenyear z
81 600; first and joint mortgage bonds 6
per cent, five years, issued January, 1919.
Carolina Power and Light Company. Yad-
Kin River Power Company and Palmetto
tell Ine how long bonds run IL callable
and of what strength are they? Are the
Standard OIL Of California bonds callable :?
Mrs. c. w. F.
Answer-We think that the Provinces
Of Canada are in a sound position and
that their bonds are good investment.
In question, such as this, sentiment,
probably, enters opinion slightly-thus
our own opinion leans toward United
Kingdom SIX per cent bonds, due 1887,
but this is purely matter of opinion.
Saskatchewan and Newfoundland bonds
are high grade. You have selected five
good steam railroad bonds, in our opin-
ion. The Brooklyn Edison Is are due
in two series; one, Series C, due in
1880, and one, Series B. due in 1910.
We consider them good investments.
The Standard Oil of California is due
1921 and is callable at los up to August
l, 1921, and at cne-fourth of / per cent
less for each half year thereafter. The
Westinghouse Electric and Manufac-
turing rs are due 1881 and are callable
only after 1926, and then at premium
of one-half of l per cent for each six
months between the redemption date
and maturity. We would not let the
callable feature of bonds enter very
largely into our calculations. The fact
that a premium is paid should be taken
into consideration and also the fact
that so far as can be seen now, there
will be a continuous pressure on Amer
lean investors to take foreign securi-
ties. which will be rather strong de-
terrent to any company calling it's
bonds before their due dates at pre-
MUM. The joint bonds of the three
hydro-electric companies you name are
Just about what their yield, $50 would
indicate. They are not suitable for
you for investment, we think.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
IDA (par 4a.ss cents a rupee,

INDIA (par 1895 cents a rupee)
Demand 2S12h $500 37.75
STRAITS SETTLEMENTS (par SOS cents
dollar)
Demand ......4160 4260 1900
Cables ........4l.7S z275 1925
THE AMERICAS
ARGENTINA (par 42.44 CENTS a paper
peso)
Demand .......2Se2h $3.50 as25
Gables .2S.75 2s.62h 1910
BRAZiL (par As cents paper milreis)
Demand 1850 10.37h Else
Gables ....... 10.62A 1850 21.6o
PERU (par sass pound)
Checks ........ 353 ass ATS
ECUADOR (par 1850 cents a sucre)
Checks ........27.90 27.9e
CHILE (par 36.5 cents peso)
Checks .1o12h 10.12h 21.oe
URUGUAY (par 103.42 cents a peso)
Checks 1925 $500
VENEZUELA (par 1873 cents a bolfyar)
Checks ........1645 1862
Canadian Exchangc-New York funds in
montreal, l2I1 per cent premium; Montreal
1unos IN new york, IL IL per cent discount
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23

l mo regular market
for First National Copper Shares. In
D % 1920, 1900 shares brought
40 cents share ut auction We do not
know Of any market for your other
inning securities. Maybe the friend
who got you to buy them knows some
thing about them. We suppose YOU
know that even the biggest producers
of copper have shut down because there
is no profit in operating. We are GLAD
to see that you have learned your les
son. Don't buy any more cats and dogs
and do not take investment advice from
friends.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
He "Sure Was Some Sucker"

Question: hereby seek your advice re-
garding stocks that I bought about
fifteen years ago: First National Copper,
fifty shares; Trinity National Copper
fifty shares: Navada Utah, now called the
Consolidated Nevada Utah Corporation
fifty shares. The last named company was
organized under the Commonwealth of Vir-
sinia. 1 also hold a 6 per cent Nevada
utaa converting scrip bond, due July l.,
1927, Columbia Kniokerboc1er Trust Com
pany trustee. What ] would like to
know is IL any Of the above-named stocks
nave any value. bought them on the
advice of friend and sure was some
sucker. I have saved some money since
then and bought Liberty bonds, and those
| know are safe.-F. S.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange DEALINGS

{Copyrfght, 192l Now IncD
STOCKS
The Cordova daily times., 1921-05-09
PUBLISH PAPER WHILE
 FLYING THROUGH AIR

LONDON, May 9 (by Associated Press) Initial trials will soon be made in the publication of a daily newspaper from airplanes in flight a new phase of journalism.
 Airplanes will leave Paris and Lon don daily. Machines from Paris will print editions of the Aerial Mail in French and those from England will print their copies in English. Batches of the papers will be dropped by parachute in Boulogne, Rouen, Amiens and other cities where there are subscribers, says the Daily Mail
 The machines will be equipped with wireless iu addition to complete print ing plants and will issue news of politics, finance, sports and that oi a general character.
The Cordova daily times., 1921-05-09
CUPID SCORES AGAIN
 IN INTERIOR TOWN

Cupid scored another triumph in Nenana when Miss Adeline Ferretti and Edward J. Cronin were united in marriage at 930 mass, at the local Catholic church. Rev. Father Monroe officiating, says the Nenana News. The bride, beautifully attired in pur- pie velvet, and carrying a large bou- quet of roses, was attended by Miss Queenie Russell, in a dress of gray silk taffeta. The groom was support ed' by MT. Robert B. Flames.
 The bride is one of Nenana's most popular young ladies, with a host of admiring friends here and in Fair banks, where she resided for a num- Der of years before coming to Ne. mana. She is a native daughter of California, having migrated to the north from Stockton.
 MT. Cronin is acting general store keeper of the Alaskan engineering commission, having been appointed to that responsible position several months ago, after a succession of ad. vances In the general stores depart ment. He came to Alaska several years ago, Chicago originally being his home
 Immediately following the cere- mony at the church. the wedding party and the more intimate friends of the bride and groom enjoyed an elaborate wedding breakfast at the Tavern cafe, where covers were laid for ten. Q
The Cordova daily times., 1921-05-09
NOME COUPLE ENJOYING
 VISIT IN CALIFORNIA

Jens Madsen, a prominent operator from the Dime section who departed last fall with comfortable stake from Nome writes friends that he and his wife have been on sight. seeing tour of the Pacific coast for several months, but they intend to visit the old couutry in the near flu. ture. Of all the towns visited, Mad. sen says that Los Angeles strikes him as being the most lively. The town was full of tourists, many of whom intend to stay, new houses were going up in all directions, and the various suburbs gives a person the impression of one vast city.
The Cordova daily times., 1921-05-09
FILMS
 SHOWN AT SkAGWAY

A number of educational films have been received by the school of Skag way which is cooperating with vari ous schools of the territory in re ceiving this valuable and interesting feature. Films have been received from the Ford Motor Company, the Western Electric Company, Armour x Company, the Chicago, Milwaukee < St. Paul railway, Hersheys Com. pany and from the state college at Pullman, Washington. Among the other schools of the territory which are also receiving these features are: Juneau, Douglas, Cordova, Val dez, Latouche and Ketchikan.
The Cordova daily times., 1921-05-09
LAND GIVEN. TO
 MEN IN POLISH
 AIRSQUADR0N

WARSAW, May 9 (by Associated PressC-Nine American members of the Kosciuszko air squadron, all sol diers of fortune, recently were award ed 40 acres of land each, near the Polish-Russian frontier as outlined by the Riga peace treaty.
 All officers and soldiers of the Polish forces are being provided with tracts along Poland's eastern boun- dary, under system worked out by the government, provided they take up cultivation of the land upon leaving the military servive. By this plan, Poland hopes 60 have trained men settled permanently where they would be handy for service in case the country is ever attacked again from the east
 Most of the young flyers of the Kosciuszko squadron are planning to return to America during the sum- mer. If they do not settle upon the land withon a specified time, their rights to the farms will be for feited. AS yet none of the Ameri- cans has made up his mind to settle down on Polish plot and lead the life of a peasant. Several of the Americans were reared in the country but they say the excitement of fly ing and the thrills of war have spoiled them for the back-to-the-farm movement.
The Cordova daily times., 1921-05-09
YOUTH CALLED ON
 TO DO JURY DUTY

ANACONDA, Mont, May (by As. sociated Press).-Scott A. Hospinson, aged Is, of Anaconda, responded to a summons to serve as juror in district court here recently but was promptly excused because of his youthfulness. He is declared to have been the youngest man ever called for jury service here and was fully qualified as property owner.
The Cordova daily times., 1921-05-09

Professional kodak finishing. Scar borough. Agency at Cordova drug store.
The Cordova daily times., 1921-05-09

If you change your address, do not notify the carrier boy--report your new address to the office.