davidaulloa/AmericanStories huggingface dataset:
Norwich bulletin., 1921-02-23

eriy silent as to Ahy form, he must 70, tiee that therefore 1t affords 70 argument on ethsr side of bpr question. But the Csnstitutteh of Cbaneeticat under wbIeh we live assures tat all it's pespie-In- deed, all people, ark religious, and sati- tied to the states protection in the oh- ssryahee af aietatsa by our conscitnees, Connecticut, aefHbwisdkihf with frAti- tuds the seed bfAvihsnee M God, in nay ine permitted them ts snjsy free gov eraFaeiit. de ordaih and establish the f6I. lowing Constitution"
 And h article AestatA of that Censti- irtisH, .eSetisn first, 1t says Tt being th. duty of all tAtn, to wefship the Suerenne BsiAE the Great Greater ana Pfesefyer ef the uAivssse ana tS sender that w6r-
Norwich bulletin., 1921-02-23
NAvf ENGLAND HARBoRs.

From time to time the eongested con- dition in New YeFk's hsrbSr has suggest ed the need of transferrtnE some of ths shipp ns to other points where there Is plenty ss eeed decking room in comfno- dieas harbbrs. Other ports have gained some csSs,deratian because of the crowd- ed sSAdftiens but there are those who still thtak that there is no place that gan haadie ships and business like New Yo-x, ana thia iS iAtsrSssi1Eiy revealed in the ,lasas aHseuRt ef money that is being spent ty the shining beard for the dock ink skaSs fer vessels which arc not Tn use
 The psssibiiity ef getting this service at other points tt a lover cost has f. nally been SshsiasFed after the inquiry has revealed the lavish manner in Which money has been used, aud New London has E4sA FSsardsa With apparent favor al a hIa6i to tis uS some d the former GNrtaSA llAeFs. That isn't ths 6aly har- Ser that eAa asssiaHseaats thsfn but New LSaaeh haA reSsn at tic stats pier, ard whils 1t may not hahkSr to De knewr as the hafHsr fer iais ships. it Is te b' realized thAt it is more profitable to hav' ths pier utilized for that purpose thar far nothing at all.
 As might De expected it wifi bs a strcki of economy to take advantage of cheape' docking facilities and the wonder Is tha consideration Vas not given to this mat ter | lsns tifns aso It is true that th' ships must Bs Moved but that ought t be accomplished without heavy expense whether NS1 Landon, Boston or som
 ether fsrt wiaA cut in getting the job 0 harksfiRf these ships it would seem t
 be an excellent time to put forth the mer It's of these very same harbors for handl | ing active steamship business. The sam advantaeta would accrue to the lines tha feel the effects sf New York's congeste
 karbor iA ttiaer ways than the expensiv
 decking casts. It is unfprtunate to hay
 excellent peyts pasted by and ignore
 while tAeSs where entry is made are clog gea with kusiAess and crying for relic
Norwich bulletin., 1921-02-23

An oklahtma B6hdh makes it harder for etheEs WAe might wish te referm by returning ts his aid rEaeties of rsbhiAg baAks after bsiAg feisaseA tson prison *AeA sAiy a snah part tt Ais long sea- tenee hAd beea served.
Norwich bulletin., 1921-02-23

us have our own ariusentats, at the fiFhi une, and place. But let ut at least ous oAy m the week come fn touch with the sh 4oying FHthtr' who provides ss much Tor us' snj fett 60 iit;le love and obe- dicnee ia return. Life ls short and we sill be remembered by what we have done Thttefore let us do rood and not sell orr bouls fer a littls excitement and pleasure. Rernember the Sabbath day to keep it h5ly." A READER
 PAsepiIville. Feb. ;i.
Norwich bulletin., 1921-02-23

If the stSsm haaat served te kill the rsaeh eren, 1t wll bA taking quite q csaHe& t& d4Aay 1t in eTR<et&tieA Of get ting an other after ail the mild weather we have bsSA kASiMS.
Norwich bulletin., 1921-02-23

of the EFain will overcome the chance of swSatink &Aa eesiiins. s
 Jshnny cakes and corn pone may be new articles of food for the Chinese but they are locking for food and are not geiAs taSPefuse ts est because they might prefer. delicacies ofSa different character.
Norwich bulletin., 1921-02-23

No sooner daei 2 tello# figure that he is thsfsushly &e6aAatedo with All the de- tails eeanestSA with AA inssn66 tai re- turn thaa he runs up agaiAst new pug Ale
Norwich bulletin., 1921-02-23

A hearing sa legislation against high heels brsdueed | gale of laughter, but vas a joke before and con- tinues to h aAnes tE les st . enc ,aften
Norwich bulletin., 1921-02-23

Authorities must realize from the hauls they are making that it is quite as 1iee- tssary to mako a thorough search for ssnugxlsrs se fer earfiers Of typAus fever.
Norwich bulletin., 1921-02-23

It vas bad day for the Greeks when they psseetaed to ret cut sf fa3sr with the allies and encourage the latter to favor 1enleney for tho Turks.
Norwich bulletin., 1921-02-23

MuFdeFefs who go to the gallows de- noupeing hanging but apparently cen- vineeA that 1t is an right to eefnhait nur@ der .fiil tt make much Of an impression,
Norwich bulletin., 1921-02-23

The sshsfsss~snaan from Oklahoma says she is gsipE to keep her mouth shut and her eyes open in Washington. sAe mieht ef eadrs6 ds worse.
Norwich bulletin., 1921-02-23

With the regretted declination of Mfr Lswden te accept a cabinet place it means asaetns kill have to be a second choice.
Norwich bulletin., 1921-02-23

The preeFees that has Deer made on the budget Dill aeesn't give much assur- aHee tHat it is getAg through at this ses- sien.
Norwich bulletin., 1921-02-23

The Blsn of the New York legislature to keep within the limit of expenditures fixed by the tevernsr is an excellent ex- ample ts etAtr states.
Norwich bulletin., 1921-02-23

There have ben signs of spring fer the past naenth but the approach of March carries tif1e4rtainty
Norwich bulletin., 1921-02-23
EDITORIAL NOTES.

As q cover crep the weathsxfaan ap- pears tc have been pretty successful with the beautiful snow.
Norwich bulletin., 1921-02-23

The nan on the corner says: It takes little winter in order to have spring properly appreciated
Norwich bulletin., 1921-02-23

It is said tAat te< sinsie ne. Ev. douhle, hxeG. one tf that ktnx ia enough.
Norwich bulletin., 1921-02-23
Sunday Ob.srAanc..

Sunday ObserAances.
 MT Editor: After reading the articles by Gilbert Coates, also John Troland, I would like to say, that, there is a verse,
New-York tribune., 1921-05-19
The Days Bond wi ark ct

The Tribune prints each day the ma.
tnrstp datcs of all dctipe bonds quoted
on the Ncio York .Ssock Eachange. The
rot,1'h on a bond TO Tho iitucsto,. depends
,spon ihrec fdctore: the rate Of interest
the. sesufaitp bears, tho ntarkct price
and The distance of the maturity date.
20 figure the piccisc yield o., bond it
Is mecessarB TO stse yield tables, bit tho
approximate yield can roughly be figured
out by The folloacing formula. Divide
The closing quotation on a bond into
tho rate Of interest it pays. and ths re-
sult ,cifs be the annual returw. II the
bond is selling beloso par you must
dlIosc afso for che appreciation of the
principal. To do this subtract the mar
Ret quotation from par, OF 100, and di-
vide the remainder by the number Of
gears the bond has to run before ma
twrity. For c@dmpte, If 8 per cent
bond 10 selling at 30 and has ten pears
to ruin, the annual return apiu be- Goa
per cent. The difference between mar
and tho market price wiH be 10 points.
eubtracting 90 from 100. Diuidina ten,
points by ten gears, tho qaptient soll be
1. This figure ts to be added to 500,
apfich Ia the annual return, and tho re-
suit Is T.66 per oens, soiIt giue you the
appro1imGte yield.
New-York tribune., 1921-05-19
Sin11a1s Petroleum Co.
Has Deficit of $9z5, 900
1920 Operations Caused LOSS
Annual Report Shows; Pipe
Lime Project easily

The Simms Petroleum Company in
1920 produced 1,104,376 barrels of crude
oil, averaging $3.50 barrel. Operat-
ing revenues amounted to $8,s97 900
and operating expenses to S2,576, GOO,
leaving $1,321 900 profit. From this
there was written off $1,86s,000 for de-
pletion and further sums for deprecia-
ton, abandoned leases, ETC., leaving a
net deficit for the years operations of
1915, 600.
The plan to build an eight-inch pipe
line from Sibley, La, to New Orleans
was given up, and the loss of $911 600
was charged to profit and loss. Various
other losses were written off, making q
final profit and loss deficit for the
years operations of $685. ,000. Against
the total of Sis, 1000 property invest
ment there is s24,920,000 stock. This
stock is without par value, and consists
of 71S,180 shares. The company has
$5,923,000 current assets, of which
1881 900 is cash and $2,8o0,000 is call
loans. Current liabilities amount to
only 100000
81. 1921, 293,779 barrels of oil were pro-
duced, bringing an average of $2.25 a
barrel. Total production cost is s1.61
a barrel, leaving a net profit of 81
cents q barrel, or total for the three
months OF $4,000 After interest.
rentals and $4,000 ior depreciation
there was $4,000 left for net surplus.
Edward T.. Moore, president, in his
annual report says: while the COM
pany has sustained unusual losses,
which are not apt to recur, and has
made heavy charges against the book
value of its leaseholdss its production
for the current year is now running at
rate considerably in excess of the aver
age for last year. and its current finan-
cial position is unusually good"
New-York tribune., 1921-05-19
Bank of North Dakota
To Sell Own Bonds Here
Opens Office Preparatory to
Starting Campaign to Raise
Funds lin New York

The Bank of North Dakota, backed
by the State Of North Dakota and the
Non-P Partisan League, has opened an Of
flee in the Equitable Building, prelimi-
nary to undertaking an aggressive cam
paign here for the sale Of $S,000,U00 of
5% per cent bonds Of the state, matur-
ing serially from 1891 to f948.
The bonds are q direct obligation of
the State Of North Dakota and have
an additional feature Of protection
through the deposit with the State
Treasurer of first mortgages on inn
proved North Dakota farm lands in
an amount equal TO the par value of
the issue. The mortgages run about
40 per cent of the appraised value of
the real estate and are limited by law
to maximum of 80 per cent. Tha
bonds are in S100, $500 and $1,000 de-
nominations, and are exempt from all
taxes, state, county and municipal, In
North Dakota, and from all Federal
income taxes, both normal and surtax.
Early this year q representative of
the Bank of North Dakota came to
Wall Street and sought to sell the
bonds to number of underwriting
houses, but was unsuccessful. The
objection raised to undertaking che
distribution of the bonds was the nm
settled political situation In North Da-
kvta,
New-York tribune., 1921-05-19
New York Telephone Co.
Plans Capital Increase

A certificate of the unanimous con-
sent of the stockholders of the New
York Telephone Company to an in
crease In the capitalization of that
corporation from 100000 900 to $780,
100000 was dled yesterday in the
County Clerks Office.
The certificate stating that consent
was given on May 8, 1921, and that
the officers of tho corporation have
been empowered "to do all acts and
things necessary to ef7ectuate such in
crease of capital stock" is signed by
the holders OF all of the capital stock.
The signers are the American Tele-
phone and Telegraph Company, Charles
!. Avery, Otis Fl. Cutler, Walter S. Gif-
ford, James III. Manning, Edwin p.
Maynard, John +. Maynard, Thomas T.
Ramsdel James A. Stewart, Howard
IF Thurber nnd Harry b. Thayer. tho
New-York tribune., 1921-05-19
Tempted to Give Up Life Insurance


cuestion---In your recent answer of
n. H. n you say, "wo know OF several
ways or saving money systematically and
II yon let ue know moro about your res
70 make suggestions" therefore this letter
Requirements are: desire a systematic
method Of laying aside part of my income
for the near future in order to enable me
to enter business life. on my own RESPONSE
bility. Rescurces Farming $40 weekly,
SAVINGS bank $780, Liberty bonds sa5o. In
annually. fifteen-yeer term. Trxpenaeh:
Wife,n allowance sis per weol. rent and
Ssr sss wso sso per nns m1nsh ersona' expenses ss
have also thought of investing the money
saved, $500. at per cent and the $3.50 In
Liberty bonds plus about 5000 cash sur
Ienaer on my Insurance., and with the
total TO buy q Belgian 7ss per cent bond
OF swiss per cert bond, preferring
5hese Ms that have . redeeming value at I15.
Whnf Ia your opinion I'D. II.
Answer--We think ycu ought 60 keep
your Liberty bonds. You probably paid
par foT them, and we cannot see the
wisdom Of taking 10 per cent loss of
principal for the sake Of reinvesting
for higher coupon rate on such a
small sum Of money. BY no means sur
render your life insurance. We do noe
think you are carrying enough as it ia,
You are not immortal. Your wife
would be lucky if after burying You
and paying your bills she had anything
left of the $4,000. We suggest that
you increase your protection to $10,-
600, taking mostly straight life. one of
the cheapest forms, which, however, liz
not pushed by the ordinary life insur-
ance solicitor. II you are about the
age we guess You are the additional
$4,000 will cost you between 5000 and
$3.50 q year. In about thirty years,
which period will cover your greatest
need for protection, the policies will
be about paid UP and have handsome
surrender value. OF course, it is ad-
mirable for young man to save, but
we think it is futile for him and his
wife to carry the risk of death and the
attendant wreck of his cherished fu-
ture fortune when he can shift the
burden of risk to an insurance COM
pany at SO small cost. The way pol
icies are written now you are bound to
get your money back some time,
whether you die or live. We suggest
that you buy with your savings $500
Belgian Tx per cent bond and let the
remainder stay in the bank. With the
unused margin of your salary we sug-
gest that you take out as many build
ing and loan shares as you think you
can carry and put the remainder in the
savings bank.
New-York tribune., 1921-05-19
Full Days Work Urged

ATLANTIC CITY. May 1s. The
Maryland Bankers Association opened
its twenty-sixth annual convention
here to-day with $50 members in at
tendance. The vice-president, John B.
Kieffer,, who presided, declared that
industrial workers must understand
the Importance of giving full days
work for a full days pay.
There can be no prosperity without
production, he said, and no adequate
production without work. He advo-
Gated passage of the bill pending in
Congress which would create ma
tienal department. Of education.
New-York tribune., 1921-05-19
Republic, Cambria
And Others Omit
Usual Dividends
n. 7. Airbralxe Cuts Rate to
5P. C. and Caban-AHmer.
ican Sugar Makes Reduc-
tion; Pacific Mail Acts

asSshar evidences Of the past and
Srsnt depression In different lines of
sdustyy was revealed yesterday in the
sszstns Of the current quarterly COM
nsa dividends by the Republic Iron and
stsl Company and the Cambria Steel
cmpsny. omission Of the sen1i-annual
siEsssd Of 80 cents q share on the
ssxk IT the Pacific Mail Steamship
Ccnrsay and reductions ordered by the
ss yofk Air Brake Company and the
0sssr-American Sugar Corporation in
The quarterly dividends Cue for decla-
fsaon On the common stock.
Ia announcing the action of the Re-
public Iron and Steel directors John A,
Topping, chairman Of the board, said
that profits for the year to date were
sslew the dividend requirements, and,
IS future earnings were very uncertain,
The board concluded it would be unwise
% continue the common dividend which
aas been paid, Ia per cent, every
quarter.
Tires months ago the Cambria di-
tealors paid quarterly dividend of 80
ssntS 3 share. Previously the company
asd paid 75 cents g. share regular and
q cents extra for several quarterly
E9eriods This followed similar action
y the Midvale Steel and Ordnance
Company, which controls the Cambria
soncern.
Operations Of the latter company for
10 first four months of the current
yeaf have resulted in a substantial loss
srd the immediate outlook was said to
y snpromising.
Another general wage reduction, in
Guiding the salary schedule, was an
hotnssd by the officials of the Cambria
tsnpany. This is the second reduction
laee last November. 1t will be effec-
ass June and will bring the wages
saek to the 1917 level. Payment Of
nhs and half FOR overtime in excess
eight hours Will be discontinued.
urectors Of the New York Air Brake
u.amrany reduced the dividend from q
Ne annual basis TO SIS. No dividend
ms declared for the current quarter,
ass per cent had already been paid
~ ~ march 26. Action on the remaining
e per cent, according to Mr.. Starbuck,
sAi pe taken at the meetings next
august and November.
directors of the Cuban-Ame merican
ssgaf Corporation declared a dividend
= % cents . share ON the common
sssesk. Previously the company had
''sn paying 81 quarterly.
New-York tribune., 1921-05-19
Cities Service April Repors

The Cities Service Company re-
ported net earnings FOR April amounted
TO $1,S82, ,446, q decrease Of $73S,254
from April, 1920, and balancs. after
preferred dividends, $S07,930, de-
crease of $76a,606. For Che twelve
months net earnings were $21, ,57s, 1877,
an increase Of $1,278,766, and balance.
after preferred dividends, $14,843,318,
monthly cash dividends of ona-half
per cent on the common, preferred
and preferences B stock, payable in
cash, and the regular monthly stock
dividend Of IN per cont on the COM
mon were declared, all payable July
| to stockholders Of record June IL.
New-York tribune., 1921-05-19
Securities at Auction

share Country Club of west
chester ....... e7i
For account of whom it may concern;
: SO shares Thaddeug Dsyi6s Ink
CO., Inc, preferred; per share 81
shares North American Lieut.
dstion, SIS each; lot ot.... 81
shsres Coney Island s. Brcok-
lyR r. Rs 500 each. per share SIS 81
soc shares s5ntz Motors Patents
4. Corporation: lot ........ xio
shares G. Maryer, Covert a. Co,
Inc, $500 each; lot ...s *
10 shares Pentz Publishing Co,
500 earl: lot. ............ rzt
$a.S9e Atlantic Mutual Ins. Co., scrip
OF 1921 .............,... 94A
Is, 600 francs Republic Of France
National War Loan h0ads pf
1915, Feb, $780, conpoS eAy
ono of 10000 and five ct 1000;
i.7se shares stakea claims rrass. sse'
Ltd. full pat5. nan-aesessah hlass H. 4
nc par; ts......s...... Ss0
see shares staksd Claims trust.
Ltd, liquidation rights ctf.,
Class b; no par; iot.....s... "a
500 shares Alto GasoIene and OH
Co.; 100 shares United ExplorA-
tion and Development Co.. $2s
each; 800 shares Victory Metal
Co common, $40 each; aoQ
shares Victory Metal Co., pre-
ferTed. $40 sachs zoe shares f
Home Oil Refining Co.; /. see
shares Nortez Pstreisutm Co;
ksS ss.s ..es.s s,.ssas.. .,.s1s,s a.
New-York tribune., 1921-05-19
Investors Choice Wisely Made

Question--.will you kindly give me your
opinion Of the following securities, all pur-
chased within the last two years. as per-
n,anent - xinyestments2 Five hundred dol
cent, 1895, at 100: $500 Dominion of Can
ada 5 II per cent, 1899 at 97%; $1,000
City OF Bordeaux 6 per cent, 1884, at S7s. /:
$1,000 City of coppenhagen pe as 61s per cent
Municipals per cent, 1916, at as; $1,000
Pennsylvania Railroad per cent 1880, at
1o1h; $1,000 Northwestern Bell 7 per cent,
1941 at 961a $1,000 Southern California
Edison per cent, 1914, at 88A; $1,000
Adirondack Power and Light per cent
1850, at S714; 10 shares Standard Oil OF
New Jersey sa preferred per cent. at 1864
Also $4,000 in various Issues of Liberty
bonds. / am thinking of buying two
$1,000 Swiss Government per cents in the
near future. I understand they are not
oailable until 1880. Is this correctly
H u. It.
Answering Government Of Switzer-
land IS, due 1910, are callable after
July l., 1880, at 105, on any interest
date. Your list appears to be sound.
Nearly all of the bonds in it we have
recommended from time to time in
these columns,
New-York tribune., 1921-05-19
Considers Switch for Higher Yield

Question-win you please give mo your
opinion of the new issue of Mexican Pc
troleum? Do you consider these converti-
BILE bonds absolutely safe? I have $4,000
of Standard OIL rs which purchased at
par. Would you think 1t advisable to
the Mexican Petroleum? Or do you con-
slider the Standard Oil of California safer
investment? You will note by selling my
STANDARD OIL Of California I could make
Mexican Petroleum at about ssM. VIII
you also kindly advise ms if you think
the Pullman Company a safe investment? :?
1t Is now selling at about par. S10o. per
share and pays 8 per cent. Would you
consider the Pullman Company safe an
investment as the above oil company
bonds? Do you also consider the Stand
ard Steel Tube OF America z rer cent
bonds absolutely safe e?--J, l..
Answer--We consider Standard OIL
of California per cent bonds q sound
investments. We would not advise
switching into Mexican Petroleum
bonds, even to gain two or three points.
We think you mean Steel and Tube
Company of America general rs, due in
three series--1o43, 194s and 1861. These
bonds are secured by general mort
gage subject to $9,578,8l2 prior lien
bonds. We consider them good in
vestment. No investment is absolutely
safe, but these bonds have high de-
gree OF safety. We consider the Pull
man Company stock good investment.
1t Is dependent on earnings, like all
common stock, but it has a long record
of ample earnings, no funded debt and
no preferred stock. We would rank
the three investments in the order
named sbeve.
New-York tribune., 1921-05-19

last named being also president of the
company.
Most of the outstanding stock ;s
owned by the American Telephone and
Telegraph Company, which is Offering
$9o, 100000 additional stock of it's own
to its stockholders at par. A majority
of the New York Telephone stock will
go into the treasury Of the parent COM
pauy.
New-York tribune., 1921-05-19
Advised to Buy Preferred Stocks

Question: widow dependent on her
income has been advised to purchase for
American Car and Foundry. American Lo-
comotive, Bethlehem Steel per cent,
Westinghouse Electric, Atchison, Topeka 8.
tive and Pierre Lorillard. Is Mexican Pc
troleum convertible per cent note. due
1886. a safe Investment Can you suggest
any other preferred stocks which will
yield more than 6 n per cent and are safe 2
IA. s.
Answer--The Mexican Petroleum s
per cent convertible bonds, due 1928
are convertible up to May I, 1881, into
Glass B common stock Of the Pan
American Petroleum and Transport
Company at s1oo per $50 share; thus q
$4,000 bond can be exchanged for
twenty shares of $50 par value each OF
stock. The bonds are direct obliga-
tion Of the company, but are not Sc
cured by mortgage. We think that q
widow dependent on income from her
investment for her living had better
not take into consideration the con-
vertible feature of bond such as this
Her principle of investment should be
to assure herself, so far as she can, of
regular, prompt payments of interest
Of the preferred stocks that you name
we consider the American Car and
Foundry, the Baldwin Locomotive, the
Atchison, Topeka and Santa Fe and the
Pierre Lorillard to be particularly
good. However, with the price Of high
grade bonds as low as they are now, we
would advise a widow to put only part
of her capital into the preferred stock
and to invest the remainder in such
bonds as we frequently recommend for
a womans in these columns. We con-
slider Corn Products 7 per cent pre-
ferred q good investment. 1t was sell
ing at little above par recently.
New-York tribune., 1921-05-19
California Petroleum Quarter

~ .ac consolidated income account of
As California Petroleum CORPORATION
.as subsidiary companies for quarter
.Iued March 81, issued yesterday,
sssHsd gross earnings Of $1,1S6,134
,se ? balance Of S738,723. Profit and
'ess surplus was s507.7St.
New-York tribune., 1921-05-19
Days Nesv Issues

Dillon, Read C Co. and Lee, Hig-
ginson & Co. announce that the books
have been closed on the $4,000, 600
Government of Newfoundland 15-year
61s per cent loan, all the bonds having
been sold.
New-York tribune., 1921-05-19

Sherwood & Merrifeld are Offering
$908,300 S per cent coupon and 51s
per cent registered Westchester Coun-
ty bonds, yielding from AZ to 51a per
cent ON the investment.