davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Not Satisfied With a Per Cent

paper I write for your advice as to how
[ am not quite satisfied with the per
cent the banks pay. inasmuch as there
must be some very good bonds or preferred
stocks that pay more and at the same
time offer high degree of safety of prin-
cipal. 7 now own the following outright:
Two United States Steel preferred bought
bought at 1861 three American Tels
phone and Telegraph. bought at 1865; four
American sumatra common. bought at
bought at 50. average price; $500 Third
!. bonds. ~ per cent bought at par;
1850 Fourth I. bends ~ per cent. bought
bought at par and 900 French Republic
per cent bond. bought at %. know
tho American Sumatra and Texas stocks
speculative. but I do not need the
money. do not have to sell and take a
loss. What do you think of the possbili-
ties Of these two securities rising in value :?
money in the bank. l may need it next
week or may not need it for month a
year or more. but in the mean time wish
TO Invest 1t where safety and marketa hi :
ity are of major Importance and yet earn
for me between and per cent. do
not prefer 70 buy any foreign government
bonds Liberty bonds. Please advise
whether your suggestions for investme mt
are in $500 pieces or would just one $1,000
piece be just the right thing to buy :?
l would like to buy something that looks
cheap Just now and where the chances
for enhancement in value quite APP
parent. Would Straus & Co bonds be the
right thing, bearing in mind that may
have to seh before maturity? How do the
Prudence bonds size up to You Mrs. y. G..
Answer-As a matter of opinion, we
think that If the oil situation improves,
as it probably will with return of
general business prosperity, Texas Oil
stock may sell higher. We think that
the tobacco situation may not be fully
liQuidated and it may be some time be-
fore there is any upward movement in
the American Sumatra common. Your
other investments are high grade. We
think that the Straus and Prudence
bonds are good investments. If en-
hancement in market price is your
first consideration, we think that Cerro
dc Pasco Copper IS, due 1881, recently
selling at 1071, would be a good in
vestment for you with a good chance
of going higher. Since marketability
is an important factor, we would advise
one $1,000 bond rather than two $500
bonds. But, as matter of fact, if you
might need your 1000 in week, the
bank is the proper place for it. You
cannot buy securities for rise safely
if you are likely to have to sell at short
notice
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

me Tribune prints each day the ma
tursfy dates of oil active bonds quoted
on the NeU York Stock Erch1nge. Tbs
return on bond to the ancestor depends
upon three factors. the rats Of interest
the security bears, the market price
ana the distance OF the maturity date.
10 figure the precise yield on bond it
rs necessary TO use yield tables, but the
approximate yield can roughly be figured
out oy the following formula: Divids
the closing quotation on q bond into
the rate Of interest it pays. and the re-
suit aoiU be the annual return. II tbs
bond Is selling below par you must
aAow also for the appreciation of the
principal. To do this subtract the mar
ket quotation from par, or 100. and d.
cNe the remainder By the number Of
years the bond has TO run befoYs ND
tuytty. For example, II per cent
oord as selling at 80 and has ten years
to run, the annual return wiH be $50
per cent. The difference bstween par
and the market price piu be 10 points.
suotrdctsng 80 from 100. Dividing ten
points by ten gears, the quot,ent VtA b.
L. 1hts figure ts TO be added to 6.66,
Thtch IS the annudl return, aud the re-
suit, 700 per cent, wtll give you tbs
approximate. nicLd.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

slnesticns Of general intsrsst to ia
pesto~s srtU bn ansUsycd In thss cell
vssn. Al schich case only initials viii
% uscd. Others mill be asssacsyed 81
mail. Address all inquiries, inciss-
tng stamped. addressed envelope, to
ftaancsal Editor, The Tribune. l6/
Nasssu Street. New York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Puget Sound Power and Light

Question--Can you advise me IL Puget
Sound Power and Light Company 7ls.
due ls4l, are a good investment? am
considering u purchase OF $500 bond ana
would appreciate your assurance of Its
sxpediency.--O. X.
Answer--The Puget Sound Power ard
Light Company TVS is a good invest
ment, in our opinion, oA attractive
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
British to Sell 10000 Horses

LONDON. July 20 fBy Mail).--I is
ne neg for the sale .de Of A the y
army horses in Mesopotamia, which the
Colonia. Secretary said were to be de-
stroyed owing TO the High cost Of
bringing them home.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

and refunding IS, due 1913; United
Kingdom Of Great Britain AZ per cent
bonds, due 1887, with the Atchisons,
make up the list of six you ask for.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

ouestion-Do you consider the below
mentioned bonds. irrespective of what was
paid Tor them by the purchaser. as good
az gold7 am not interested in yield or
any other information. simply wiah to
know whether, in your opinion. these
bonds may bs considered sound invest
ments from the particular standpoint Of
and Power Company nrst mortgage sink.
ing fund per cent, 1910: St Louis. San
Francisco Railway Company prior lien
,,n mo- gold bond. series A. 4 per cent
lirst mortg age gosd bond. per cent, 1850;
cent, 1855, Seaboard Air Line Railway
nrst mortgage gold bonn. per cent 1860:
western M1ryiand Railroad Company first
Im,orsgags gold bond. per cent. 1862;
birmingham Tidewater Railway Company
hrst mortgage 5 per cent. 1915; sChesa
peake q Ohio Railroad Company general
CITY & Suburban Railway of Washington
,, mortgage per cent 1885, the Seat
.ie Electric Company first mortgage gold
pond. per cent, 1890: Kansas City Fort
sso.s q Memphis Railway Company 8 per
Tacoma Railway and Power Company
nrst mortgage per cent gold bond, 1929;
Baltimore s. Ohio Railroad COMPANY
sous s Division first mortgage gold
pond' sfa per cent. 1925; Baltimore &
ohio railroad Company prior lien gold
pond. "a per cent, 1925: Mississippi River
rover Company first mortgage s per cent
S y;r noho. 1881 Baltimore q Ohio West
mrs, ,a mortgage gold bond. per cent,
1871; the Consolidated Coal Company gold
pond, ~ per cent, 1884. After giving mo
t thhe information requested, 1 would ask
thae you kindly name me Ave bonds that
you can thoroughly recommend from the
Following standpoints: !. security of prin-
clpal' :. appreciation in market value:
= marketa blity; g. income rate Z. sta.
oliity or income: s, care required G. {,
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22
Able Program Presented at
Friday Afternoons Session
of the National Conference

Is sad condition and something
must be done TO rectify it.
In Rhode Island there are forty
times as many people in the states
as there are in the country. This is
true of many other states. Even nli-
nois has two TO one in the cities. In
the southern states there are four
times as many people in the lral
sections as in the cities. And yet
here the emphasis is being put on the
city schools When the negroes were
examined for the war they showed
only 10 per cent of mentality. They
are only 10 year old children. There
must net be negro domination because
they are only 10 year old children
mentally. When the northern mis-
sionaries came here TO educate the
negro they took the wrong course a3d
they were trained in the wrong di-
rection. This must be reetifeti. In
training 10 year old children we must
not begin at the top We must start
by training his hands to work. We
must train our negroes in their place
and not out of IT, He must be trained
in hands, his heart and in his head
as far as it can be- II we can get the
colored man TO realize that it is
good thing TO own property il is get
ting a long way in the right direction
We need not fear the negro who owns
his home, but We do the one who drifts
in and out. Boys should not be made
to feel that if they have an education
they will not have TO work so hard
Rather give them TO understand that
an education will help them to work
harder and TO accomplish more in the
same length of time. Ii a boy whines
because he has 10 work he needs a
little hickory oil-as my father used
to give ME. We want to do all we can
to keep our brightest and best boys
and girls right ON the farm. Let us
give the country boy a first class edu-
cation. The farmer requires just as
good an education as any one else if
he is going to be a good farmer Then
we should be willing TO see the farmer
obtain the most possible for his pro-
duction. The farmer is just as good
as any one else and we should be will
ing TO give him hour for hour and not
complain because he is being paid too
much for his product We must en-
courage cooperation between the
producer and the consumer. There is
too much watered stock in the middle
men, and some of them must be weed
ed out. The farmer must receive more
and the consumer must receive less
Politically We must give the same
recognition to the country man as the
city man and seek out the best men
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22
Vice President of
Allodin Co. Makes
Significant Buy

What IS probably one of the most
Significant transactions in local realty
circles is the purchase OF two lots on
the Beach by f. C. Sovereign of Bay
City. Mich.
Mr.. Sovereign is the vice president
of the Aladdin company, the manufac-
;urers and builders OF the interna-
tioRally famous ALADDIN houses. which
are shipped from the factories ready
for immediate assembling, thereby re-
ducing TO minimum the amount OF
time needed 10 change the lot or
home site into ready for occupancy
home
He has informed II. b. Schultz OF
the Schultz Realty company. through
whose agency his. local purchase was
made. of his intentions 10 in the near
future build two houses on his new
" acquired property.
These houses viii be placed on the
market when they near completion,
after which Mr.. Sovereign intends to
build beautiful home for himself in
Schultz Park which he says viii be,
without doubt. enc of the finest
residential subdivisions in the couG-
try.
His intentions TO make further and
on a larger scale investments in this
vicinity are but another significant
manifestation of tile recognition OF
the possibilities of this part of the
country by representative and big
business men.
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22
oAYToNA BEACH HOTEL

At the Daytona Beach hotel are.
Mrs. 3. W. Hernden and Miss NJ. F.
Hernden, Sanford. Fla.
Lieut.. H. A. Bivins. T. S army.
j. II. Bronson. Jacksonville.
Fl. w. Cox, Atlanta, Ga.
Florence Fl. Stubbs, Farmville. Va.
A. K. Akers, Roanoke, Va
J. s Vail. New York City.
A. c. Marshall. Baltimore.
w. l. Cohen. Atlanta. Ga.
Mrs. Annie Pattello, New Smyrna.
Fla
Misses Ollie Lee Dobson, Blanche
Glenn. Nellie Pattillo, Gertrude Scott
and Alice Pattiilo. DeLand. Fla.
Misses Resale Dortch. Florence
Hunt. Mary Conrow. Edna Bearsiea,
Annie Lawhon. Mary Clements. Mrs.
j. Fl. Trench. Mrs. G. w. Gatchell.
Carrie May Hart, Alice Reed. ami
Clara Carmine of New Smyrna. fFr>>
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22
SEASIDE INN

At the Seaside Inn are
MI and Mrs J L. Swearingen. Co
lumbia. $ G.
w 5. Cawthorr Gainesville Fla
G. T. Lopez. Oshkosh. Wis
Jos. Roamer. Gainesville. Fla
w n Sheats. Tallahassee. Fla.
Chas. NJ Fisher. Miami. Fla
r L. Goulding. New Smyrna. Fla
Mrs \. Richardson, New York City
c. s Blanton, Clearwater. Fla
c. r. NJ Sheppard and family. De
Land, Fla.
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22

The world war cost the United
States S24.el0. 600, 0oo
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22
BREAKERS HOTEL

At The Breakers are:
John Beck, Pittsburgh. Pa.
Mr. and Mrs. F. d. Raus, Boston
4. b. Johnson. Orlando. Fla.
Amelia Kendall, Winter Park. Fla.
Ora D. Layton. Winter Park. Fla
Mr. and Mrs. George H. Gould.
Louisville Ky.
AIR. and Mrs. c. F. Smiths and
daughter. Oil City, Pa.
Mr. and Mrs H. " Gunshmire. St
Louis. Mo
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22

china covers territory oue-sixth
greater than mar 81 tine United
States
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22

and give them all equal authority Off
cially."
Chairman Sheppard next presented
County Superintendent z. A Akers
OF Halifax county, North Carolina. In
substance he said:
Il agree with DR.. Cox that the boy
should be taught that education is not
for the purpose of making it possible
for him to get along with less work.
but rather that il is to prepare him
10 more work and do it better and in
/ less time In our county our cOlored
rural schools have made equal prog
ress propor.ionaJely as the white. We
have built thirty-ive standard schools
for whites aad thirty for the blacks
within the past year. We are not try
ing to shirk our duty to the black We
have eliminated many one-room
schools and substituted in their stead
over thirty standard schools While
/ our consolidation has not been as
complete as in other parts OF the
country. but we are making progress
/ aad expect TO make more. Fine build
ings alone will not produce good
schools. Well equipped teachers are
required For this reason we are Civ
+ ing most attention 10 the better equip
tment OF our teachers-to better teach
ing efficiency Therefore. we are
| paying much attention to the train
ing OF our teachers present ard pro
spective We hold regular confer
ences or Institutes for this purpose.
where every subject is discussed that
will give the teacher 4 better insight
into the possibilities Of the profess
sion We also have group teachers
meetings and cooperation conven-
tions TO which all patrons of the
schools are invited. Gam firm be
Eleyer In the wonderful possibilities OF
the consolidated school and believe
that every fair minded objector to this
system viii sooner or later be fully
converted At least this is our expe-
rience IN North Carolina
Saturday sessions viii be hela at
the Auditorium.
Mrs. Thomas Waring Of Albany,
y. Y. arrived this week 20 visit her
daughter and husband, Mr. and Mrs
Floyd Hornbeck. and little grand.
daughter. Miss Bette Hornbeck Of
$50 South Atlantic avenue, DaytoRa
Beach. Mr.. Wariag Will join his wife
later and they will return home TO
Igether Mrs Warning left Albany
TUESDAY morning when the thermom
teter registered 10 below zero. she is
much pleased with the climate here
.aud finds il a pleasant change from
the extreme cold Of her northern
home This Is her first visit 10 tbs
Triple Cities but she has visited hel
daughter when the latter lived il
Jacksonville
Three Frenchmen have develope
a machine that takes moving pictures
as a speed OF 20,o0o a second.
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-01-22

Three Frenchmen have developed
a machine that takes moving pictures
as a speed OF 20,o0o second.
The Washington herald., 1921-05-08
Bu William AthertOn Du Pup

rights, coal and oil rights, titles to prblie
lands, the reclamation Of arid reaches, the
retention of such resources as water power
that the public interest might be best served,
], studied him TO know what manner Of msG
he was.
I have lived in the Western States and
know his type well. A block away any
Western man would have known thct he was
of Southern origin somewhat modified By
long residence in the border States. There
was q certain sort Of SoutAerner who came
West early. He was the a6venturous young
man. the dashing type. fhe genial, free
rowing, friend making, fight loving descend
ant Of followers of Daniel Boone.
Secretary FAN is today man Of sixty,
none too robust in health. But little Is
left of the mop of raven curis that once
crowned him His tall slim figure must
once have graced well those gathering places
where senorita met cabaliero in the mazes
of the fandango. His piercing black eye
stin retains its fre.
ct WAS twenty-five years DID," Secre-
l tary Fall was saying. when I went
into old MEXICO. I spent two years in that
country, good part of it in prospecting and
stalking out claims. When my grub stake
would run out I would get a job working
for wages on some claim. can polish the
head of a drill as well as the next one. l
would work until had enough money for
further prospecting. Many Of my early
claims in Mexico later worked out to sd-
vantage. ..... .-.-
'It was in 1885 that came to New
Mexico. / first worked in that state as a
miner for about eight months. Then went
down to Las Cruces, on the Rio Grande
This valley had been explored and settled
by white men before that of the James, in
Virginia. Las Cruces boasted Of one street
The Washington herald., 1921-05-08

running like road up and down the valley.
The houses were strung along it, adobe
houses of the Mexican type. There were
stores and saloons, with residences on the
fats little further back. 1t was here
that hung out my shingle and it was from
here that I fought the battles of a lawyer
n these surroundings in those early terri
torial days."
At this time Albert B. Fall was an ardent
Democrat. One is not surprised at his early
politics when he traces the man back to
his origin. He was born in Frankfort, KY,
in 1851, just at the outbreak Of the Civil
War. When he was six months old his
father went away to throw in his lot with
the army Of the Confederacy, in which he
served four years under General Buckner
and General Forrest. During all that time
the little Southern mother and the baby
boy who was some time to be a Cabinet
member never saw the husband and father.
The Fall family had lost all It had in
the Civil War and there remained but one
possession, education. The father became a
teacher, and for two decades presided over
various schools in various towns in Tennes-
see- The mother accompanied him and as
sisted in many of the schools Young
Albert lived sometimes with his parents and
sometimes with his grandparents in Nash
Vile. Finally, as he was getting nearly
grown, the family moved back to Frankfort,
KY. 1t was here that Albert Bacon Fall
first began to get acquainted with the law.
reading In the Office Of Judge William
Lindsey, later United States Senator.
- turous and before he was twenty he had
bolted for the West and was earning a
living q best he might down among the
Chsroksss In Indian Tsrrieory.
He paused q while In his wspdsrinss In
Clarkwirs, Tn., and it was thers that he
met Emma Garland Morgan, the daughter
Of q msn who had been In the Confederate
Congress from Temnesses. Since Emma
Morgan latsr became Mrs. Fail the evidence
sccumuiates 10 prove that this msmbsr Of
The Washington herald., 1921-05-08

WHEN that group of ten men which ad-
w vises the President and conducts the
affairs of his Cabinet gathers around the
council table at the White House on Tues
days and Fridays one may sit outside with
the newspapermen and give himself rare
bit Of travel by journeying in imagina-
ton to the homes from which they come,
taking a look at the activities which are
theirs. Since his home and his business
make up the structure a man has built
around himself through the activities of a
lifetime, they, of all things, may be re-
garded as most nearly indicating the man
ner Of man be is.
One might start with Mr.. Weeks, who
has built himself q commodious and we'll
appointed home, surrounded by cultivated
acres, on the top Of a mountain in New
Hampshire, where his people have dwelt
for two and half centuries. One might
think Of shy Mr.. Mellon, with his palace
on Woodland road, in Pittsburgh, with his
network Of interests among money -gorged
banks of that teeming metropolis, with his
steel and coke interests, with Donora, the
town of his creations, aglow at night with
molten iron poured about like milk in
creamery. One might loop the world with
Herbert Hoover, whom millions write down
as their savior. Then one might pause to
consider the gentleman who sits next to
him, Albert Bacon Fall, of New Mexico,
and more likely than not he would have
little information from which to construct
the scene back home.
If men are to be judged by their homes
Secretary Fall, of the Department of the
Interior, is one quite apart from his fell
lows, representing the viewpoint of great,
open spaces in the West, stupendous in
their physical reach, but with populations
that could be lost in a few tenement blocks.
went to see Secretary Fall and he talked
of his home. He is a good deal of a grandee
down in New Mexico, but to appreciate the
man from the home standpoint is a bit of
fight from the residence of Henry c. Wal
lace, on John Lynde road. in Des Moines.
Or that of Charles E. Hughes, in East
Sixty fourth street, New York.
Mr.. Fall lives at Three Rivers, New
Mexico. This Is not the name of town
The Washington herald., 1921-05-08

but a. .aneh. The ranch belongs to him.
1t is hundred miles north of Ell Paso,
twenty miles from a little village on the
railroad known as Salinas 1t is the western
edge of that great plain which stretches
from San Antonio to the Rockies and To
cross which is like taking a journey from
New YORK to Chicago or from Boston to
Washington 1t is in the land of magut6-
cent solitude, the home of the ruyote, the
horned toad and the cactus. New England
plus New York could be lost in this plain,
lust above Three Rivers are the rrea, Law.
beds OF Nal Pals; just below it is tn.
reservation OF the Mascalero Apaches.
where today reside some of those braves
who lifted scalps in the days os Geronimo
On the road to El Paso are the Gynsum
Hills, snow-white crystals of shifting sand
travelling slowly from west to east with the
prevailing winds, inundating whole regions
As they 60.
1t isa semi mi-desert, desolate region vber.
Billy the Kid was once at home The Three
Rivers ranch stands out as an oasis. It is
a cattle ranch controlling hundred thou
sand acres round about. Here Craze the
herds of this border patriarch. There is a
huge, rambling ranch house, half lumber,
half native adobe, but with a front of the
pure colonial pillars of the old South.
The Secretary of the Interior goes back
here to live whenever be may. Here he is
himself. Here he is the grandee with many
retainers. Here the Mexican followers who,
to him, are the natural accompaniment Of
the sentleman's life, I'LL in the picture,
Hare the cattle are brought In BY the va
qusros at roundup time and there Is ths
odor Of burning hair from the branding pen,
Here considerable sums Of money, made
through mining operations IN Mexico, have
bean sunk, for the ranch ID not q payins
venture.
While this man tslked, this westerner who
has 50 recently come into control Of that
department which handles the public do
main, which enforcss all those policies that
have to do with The transfer Of mineral