davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Financial Items

The American Trust Companv has haa,
appointed registrar Tor the ;rn~n Anto
Corporation and for the American Pet.tI
Shoe Company also. registrar and 80,
Ter agent for the Collophone Company Of
r Mew Jersey and for the Jewell Oil Com
NJ. H Cahin, assistant cashier Of the
tspIhs National Bank, has been appointed
trust officer OF the institution
Jarnes A. Allis was yesterday annoir+.d
a wee president of the State Bank at a
meeting Of the board Of directors.
James L. LIE Yinass has been appointed
assistant secretary of tho Guaranty Trust
Company of New York
Charles q, Mitchell and Michael Gavin
Yesterday resigned from the board of al
5Cectors OF the National Conduit aud Gable
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12

The approval by American authori-
ties at Washington of the scheme to
appoint committee to handle the sale
OF Cuban raw sugar apparently has
Prices for the raw product advanced
again yesterday, touching Ak cents a
pound cost and freight, a gain of three
quarters of cent from the recent, low
level. A reflection of the stronger tone
was the advance in the list price of re-
fined sugar by the Federal Company
from 6.85 cents to cents pound.
The State Department, according to
Washington advices, approved of the
selling agency SO long as the price
was not artifcially inflated to Amer
lean consumers.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
To Distribute Liberty Bonds

The Scoyill Manufacturing Company,
of Waterbury, announced Yesterday a
plan of distributing government Sc
curities it now holds at the face value
rate of $40 share. At the same time
q per cent dividend was declared.
Fourth Liberty bonds with subsequent
coupons will be distributed to stock
holders of record February IA to an
amount equal at face value to $50 for
every five shares. Where the number
of shares makes an even allotment i'm
possible, cash will be paid at the rate
Of SO a share for the odd number.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Penn's Deficit Drops

The slight turn for the better in net
earnings OF Eastern railroads fails en-
tirely to offset the losses of the earlier
months Of the year. AS a matter of
fact, it is only because the conditions
existing almost throughout 1920 had
already been at work in 1919 that the
comparisons between December. 1920,
and December, 1919, are at all favor
able.
Pennsylvania shows smaller def
iclt; West Jersey & Seashore a smaller
deficit; Western Maryland change
from deficit to surplus, but New York.
New Haven & Hartford had a deficit
instead Of a slight surplus.
The figures follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Bklyn. Edison Earns 1857
Return Shows Decline From
$IO.43 a Share in 1919

Surplus after charges and taxes Of
the Brooklyn Edison Company for the
year ended December 81, it was an
nouneed yesterday, amounted to $l669,.
GIT, equivalent to 1857 q share earned
on the $17,355 900 capital stock.
This compares with net earnings Of
$1806, ALB, or $10.43 q share, on The
S17,306,300 stock outstanding in 1919
Gross revenue increased g 45S,IS5'
amounting to $13,30S, 500. The surplas
after dividends was Sl53,354, a de-
crease Of $l64,C53.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
The Dollar i'm Foreign Exchange

Business in the foreign exchange
market was of pre-holiday character
and fluctuations on all financial centers
were narrow. Demand sterling was firm
and showed good advance at one time,
easing off later, but maintaining net
gain of more than u a cent.
Norwegian exchange reacted slightly,
but the other Scandinavian exchanges
were steady. Rates on Holland showed
tendency to recover the loss of
Thursday. Other Continental rates
also advanced slightly. Canadian ex-
change improved. the premium on New
York funds il Montreal dropping from
$135 a $1,000 to $130.31.
Rates on important financial centers
yesterday, the previous day and year
ago follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Peerless Dividend Cut Again

Quarterly dividends of the Peerless
Truck and Motor Corporation have been
reduced to so cents a share for the
current year, it was announced in
Cleveland yesterday. The disburse-
ment on January / was rs cents a
share and for the two preceding quar-
tiers s1.25 share. The present ar
rangement calls for distributions
amounting to 81 on March 81, June SO,
September 80 and December 81 to
stockholders of record on the first of
each of these months.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Paris Market Stronger

PARIS, Feb. II. - Prices were
stronger on the Bourse tod ay. Three
per cent rentes, 58 francs 81 centimeSt
Exchange on London, 81 francs u
confines. Five per cent loan So franS..
IS confines. The dollar was quotea
at IL francs 1872 confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Loan For Philippine Planters

1t was reported in the financial dis
tTlct that a representative of The
philippine Trust Company will arrive
in New York within the next few
weeks TO arrange loan of from s15,-
100000 to $25. 100000 to be used to
take up loans to sugar industries, now
planters.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
In w all Street
American Iinseed

The plan under which control Of the
American Linseed Company is to pass
to Lever Bros, the English soap manu-
facturers, is understood to have about
been completed. The management, it
is said, hopes to have the details
ready for presentation to the stock
holders within ten days. This will
give the stockholders time to consider
the plan prior to the annual meeting
early in March.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Security of New York Dock As

Question-Please favor me with as full
Information as you viii regarding New
when due, on what they are llen what
kind OF lien, what other liens are ahead
OF and behind them, the estimated value
of the property on which they are a lien,
for instance, it's assessed value, and what
the company's earnings have been in
typical years before the war and since.
should take this much trouble for me, but
you seem willing to do IL for others
Would also like information as to the
earnings OF the Missouri Pacific Railway
since the return of the roads to the
oWners-H. U. r.
Answer-The New York Dock Com
pany has only one bond issue, the fifty
year first mortgage gold As, due 1851,
of which $12,500000 are OUTSTANDING
They are q direct obligation of the
company and are secured by a first
mortgage on the property of the COM
pany now owned or hereafter acquired.
The company owns two and half
miles of Brooklyn water front, extend
ing from the Brooklyn Bridge to the
Erie Basin, including 159 storage ware
houses and manufacturing buildings
and thirty-four piers and wharves, be-
sides railroad. The company carries
the property at $50, 900. 1t prob
ably could not be duplicated. The COM
pany earned the interest on this issue
about two and a half times in 1919.
The scantiest showing since 1910 was IN
1914, when interest was earned only
one and one-tenth times. The bond
then sold around rs. It was as high as
95 in 1909. The bond enjoys a ready
market on the New York Stock Elk
change and we rate it as a good in
vestment. The yield is over 81 per
cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Investment
Information

Questions Of general interest to in-
vostors will be aRswered in this col
uuam, in s6hicA case only initials wiu
be used. Others wiH be ansWered by
mail. Address I'LL inquiries, incto8
ing stamped, addressed envelope, to
Financial Editor, The Tribune, 154
Nassau Street, Nclo YORK; City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Specializing on Rubber Common

Question--Kindly advise me regarding
United States Rubber common as TO pros
poets for continuation Of 5 per cent dlvi-
dends, also safety Of Investment. Are the
prospects for the stock going back 70 par
very good? Would a small block OF United
States Rubber common bought at 63 be d
good. safe investment?-C. L. X
Answer-The United States Rubber
Company appears to be making its way
through the drastic transition period
rather well. We cannot, however, at
tempt to forecast what the directors
will decide to be the wise course in
the way Of dividend disbursements on
the common. Buying the stock at pres
ent is little better than a bet that
The price indicates serious doubt that
the IS payment will be kept up. The
stock cannot be considered safe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
London Metal Market

LONDON, Feb. IL Standard copPi'
spot 81 los, futures XII IFS Cd; eles
troiytic, spot SIS, futures $40 los; a. 81
spot &168 IS sd, futures 4172 Is 81
lead, spot &21 IS, futures 122; Etie'
spot 925, futures S26.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Difference Between Preferred and Com
mon

Question: wish to have your advice
regarding the shares Of the Man Message
Corporation, which has been offered to me
at = rate OF $100 for preferred. VITA a
bonus of one common share to one pre-
terred share DO you advise to invest
IN this stock? Is it II safe investment?
What is the difference between common
and preferred shares "A. X.
Answer-Man Message Corporation
is not good investment, in our opin-
ion. Preferred shares have a fixed
dividend rate, say. per cent, which is
not exceeded, no matter how much the
company makes, unless it is participate
ing, which is not a usual feature In
case of dissolution the preferred shares
are paid off before the common gets
anything. Common stock shares in the
profits after the preferred and the
dividend rate is unlimited.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12

Bank Clearings - Bank clearings at
New York yesterday were: exchanges,
57S,479,792; balances, $56,565,588.
Silver-London, 36Ad; New York, do
mestic, bar, 99hc; foreign, 62Ac;
Mexican dollars, 47Ac.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
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, 1921-02-12
Money and Credit

Call money loaned on the Stock Elk
change yesterday at 7 per cent, al
though loans were reported to have
been made off the exchange as low
as per cent. Offerings Of time money
continue light, with borrowers bidding
z and Tx per cent for maturities up
to ninety days.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Answer-All The common stocks Won

mention, with the possible exception of
American Telephone and Telegraph, are
too speculative for investment and we
do not advise our readers about their
purchase. 1t is true that they repre-
sent ownership in prosperous corpora
tions, with the exception Of Marine,
but they are sensitive to earnings and
market developments and to speculate
on them requires training and famili-
arity with financial affairs: Five shares
of American Telephone and Telegraph
and five shares of Virginia-Carolina
Chemical preferred would be q good
way to invest your money if you de-
mand high yield, we think. Canadian
National Railways per cent 1885 is
safer than either of them and will
yield you close to per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Loss and Burning of Stock Certificates

Question will you kindly name four or
i've we'll seasoned bonds, almost safe as
Liberty bonds and at a better rate OF in
terest? ! want to buy them, pay for them
and forget them for a number OF years.
am IN n salaried position. and unless I
lose my health shall not need to use extra
money. Also, will you tell me II the diyi-
dend rate given In Stocig Exchange list
tain dividend? Further what is customary
when one has a stock certificate burned
by ACCIDENT Arr duplicate shares issued
Please tell me how to proceed In these
Gays when so many securities are stolen,
how do the losers proceed to care for their
interests in the various companies? The
readers Of The Tribune receive much bene-
fit from the investment column, and ] am
OF them.-H. Y. s,
Answer-In the case Of the loss or
burning Of o stock certificate a good
deal depends on the circumstances and
whether the shares were recorded in
the name of the owner. If you lose
coupon bond it is gone, that is all
If you have suffered this misfortune
take the matter UP with the company.
If you wish to guard against theft
take a cafe deposit box. Have your
bonds registered in your name and
also your stocks, The dividends quoted
in the Stock Exchange lists are de-
clared from time TO time and may be
passed or omitted at any date in the
discretion of directors. Some of them,
in the case of preferred issues, how
ever, are more certain Of payment than
is the interest on many bonds. The
following bonds, in our opinion, are
safe enough for your purposes. They
yield about per cent: St. Paul gen
eral As 1889, Montana Power first 5 per
cent 1913, Chesapeake & Ohio general
AZ per cent. They have an active
market on the New York Stock EX
change.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Woman Likes Common Stocks

Question: have $1,000, Would like as
good returns as may be consistent with
safety, Would like your opinion of the
following; New York Dock, International
Mercantile Marine, Virginia Carolina
Chemical Cities Service. Philadelphia
What about American Tele-
phone and TeIegra ph Mrs. e. b.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12
Dividends

Peri Pay holders
Rate cd. able. OF record.
Am Tel g. Q co...1M%o q Mar, Feb rs
Cen Flee Co. s2.e0 q April is Mar
Peer T d NJ Corp. soc q Mar. 81 Mar.
do ...s......... soc a June 20 June
10 ............ zoe q sept. so Sept.
Seeyiil Ms cS.... s& April 1 Mar. ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12

Int papsr Up 30 90 As S9 p,s Bid Asked
m m S Sd pi s i raaat 50 M P5 IS IS ls2
Iowa Central 8 . 91aPS SSri Eng I - TX
Ne az Is, q 81, 50 re5e Mar pr $ $ &
KGFs&M p pr so S9,A 40 . 60 prior pr, 53A 81
kelsey qe % RS 81 s s g r r 4 Pr; y s.
Ks q e S Si5s s sss pr pr So So $ $
Kreyse $50 l9s r St Car sr pr pr % % a533h
L LAKE, Gas " 4 A.. 4 ;tRv :, - J.! g .
LiFS T,.l5s % ltS I Rsis 81 sPg pF'los l991
% + : :iss is 49, Rs a1 X 4sps s $ $
Dc q Pr * IS s DO 90 +! 81 pr pr s.
M sGIa5d cd pr lSS lSS Eesseasr 100 Ii0
DO Sr 'o % % S g s ssss rms Is 70
M Mania Beach u ~ do pr 49,. 3
Ma q pr : * 3 Sea sosF Roe p Pr Sc q
NIX Pet pJ;. 8 100 I sa pr.lo % 100 %
do do pr 90 100 stade6akerr pr. g %
Mott % fe@ s9' s. s. CT 1dsr1',. Ia oS. S
Norris B Ea q @ ISL S'G y t Rf : IS
N Nst = Biscuit los i9S Underwood fTl5o l736
" 6 n. 90 95 do pr IN -,
Nft Lead pr, lo3a los On Alloy -. ss,s 3
NJ N ISL pr 50 II do Isl pr. asa az
3C&sL list. 90 6S IN Ry Inv pr q 22is
n Dock pr AN 45XU Al ~ az ,o6
n J. & W 81 SO Va C & r 9S
North Am $50 53l 5S Wabash mr. n az Yr,l
Ohio Fuel . 80 so Wells Faro al ~ 81
Ont Silver . "a West Pac ~ ~ 30
OTIS OTIS tley pr. Is % Wsstso NJ LIST 81 64A
ovens Bot Nj so% 5s,s Do pr ~ 49,. -. s. aS
DO pr 90. 100 Woolworth prll2 100
:. select Employment Agencies use The
tribune to reach wideawalSc EMPLOYEES
md successful business COMMENSURATE
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-02-12

select Employment Agencies use The
Tribune to reach wideawaze employees
and successful business commemorative.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
NINE WORKERS WILL
NOT CONSIDER PLAN
FOR WAGE REDUCTION

ATLANTIC CITY. y. j.. Aug. 90.
Secretary OF Labor Davis has been
notified that his suggestion that the
United Mine workers consider wage
reductions at the coming conven-
ton in Indianapolis will not be
needed. W. l. James, executive rep
resentative of the mine workers at
washington. announced here Tues
day night. Mr. James. also came
here Tuesday with James Lord,
head OF the mining department, the
American Federation CT Labor. 10
see Samuel Gompers, who also said
that the mine workers had asked
the government to keep its hands
of in wage negotiation matters.
Acting for his organization, Mr..
James said he had admitted several
visits 10 the department OF labor and
that Sec'y Davis had suggested the
miners should consider immediate
wage reductions or. at least. take
this matter up at their convention
70 open in indianapolis on Sept. 20.
We formally notified Sec'y Davis
that the miners would not consider
the question OF wage reduction. "
said Mr.. James. We told him that
because of the lack OF steady en-
ployment the miners today could
not make a living az the wage rate
they now received. Also we did not
consider il right that the govern
mcnt should ask US 20 abrogate the
present wage agreement which runs
until April /. 1922. and 10 which the
government itself was a party"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
PREMIER HARA FAILS
TO NAME DELEGATES

TOXIC. Aug. 23.-Premier Hara.
situation has caused the japanese to
compare him with Premier Lloyd
George Of Great Britain, remains
adamant on the question of disclos-
ing the names Of Japan's delegates
to the Washington conference. The
premier. it is declared, will await
the return of Viscount Chinda and
Crown Prince Hirohito from their
European tour so as to consult them
in the matter.
All kinds Of probabilities have
been advanced, one Of them that ef-
forts will be made 10 induce Wis
count Chinda 10 head the Washing
ton delegation, but as it is likely that
Viscount Chinda may be faugued
from the European tour, he may de
eide not 10 undertake the trip 10
Washington.
If Mr.. Lloyd-George and Premier
BRAND Of France definitely decide TO
90 to Washington, II is declared that
Premier Hara may 90 for a fort
night so as TO make the circle Of
premiers complete. Should neither
Premier Hara nor Viscount Chinda
20 TO the conference. IL is cons.d-
cred almost a certainy that Wis
count Uchida, the minister OF for
eign affairs, viii head the japanese
mission.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
PANAMA EVACUATES
DISPUTED COUNTRY
Troops Ordered From Terri
tory Following Note From
Sec'y Hughes.

PANAMA, Aug. 23.-Coto has
been ordered evacuated by the
civilian authorities so that the Costa
Ricans On their arrival there will
find no Panaman government rep
resentauves. Ricardo Alfaro. secre-
tary of government and justice.
made this announcement Tuesday
afternoon.
The order will not reach Coto be
fore Friday as owing to Interrupt
ton of telephone communication
between David and Coto, it will have
to be transmitted by courier
Result OF Note.
The order Of evacuation is the
immediate result OF the last note
from Sec'y of State Hughes, saying
the United States would not tolerate
hostilities by either Panama or Costa
Rica.
Senior Alfaro says an answer to
the not Of Mr.. Hughes will be for
warded 20 Washington Wednesday
Although the Panama govern
ment has notified the state depart
ment at Washington that no resist
ance will be offered the Costa Ri
cans in occupying the disputed ter
ritory of COto. Narciso Caroy. the
Panaman foreign minister who is
now in Washington. has been order
ed TO leave there Immediately, but
to file a protest with the state de-
partment.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
GOV. MORAY OPPOSES
KHAN ORGANIZATIONS

INDIANAPOLIS, Aug 23-Gov-
ernon McCray, in discussing reported
activities Of the Ku Klux Khan in
Indiana, said Tuesday that he is op-
posed to any organization using the
name Of Ku Klux Khan on account
Of the -awless deeds OF the old khan
Of the reconstruction period. A let
ter made public in Kokomo. protest
ing against the action Of Ed Jackson,
secretary Of state, in granting the
KIan TO do business IN Indiana,
caused the governor 10 make the
statement.
Il know nothing about a certihi-
cate being granted the organlzauo
in Indiana" Gov. McCray said. 4
do not know what the purpose Of the
orga nization is. but I am inclined 70
be against any organization that
takes the name OF Ku Klux Khan.
To me this name brings up the hist
ory OF the organization OF recon
struction days whereby many acts
OF the worst kind were carried on
under the cloak Of the Ku Klux Khan
an organization supposed to exist for
the pugpose OF unfolding law and
order"
In d sclairning responsibility fc1
issuance OF the certificate, the gov
ernor called attention 20 the fact
that the petition OF the organization
20 enter Indiana did not pass the
governors hands.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
SWITCHMEN PREPARE
TO QUIT WORK SOON

CLEVELAND. Aug. 23.-Strike
ballots for submission TO 40. 600
members Of the Big Four railroad
brotherhoods and Switchmen's Union
OF North America were being pre-
pared at a joint conference here
Tuesday OF mem bers Of the executive
committees, chief executives and as
sistant grand officers Of the FIVE or
Eantzaticns.
When the conference adjourned
late Tuesday the form OF the ballot
had not been definitely decided on.
The conference will be resumed
Wednesday morning.
In its present shape. the ballot
tells the union members of the un-
satisfactory negotiations held In the
past few months between brother
hood chiefs and railroad managers
at conferences held In the west.
southeast and east a. co whether the
railroads intended 20 ask for further
decreased wages following the u 10
per cent reduction handed down by
the railroad labor board at Chicago.
June I. and now 81 effect. whether
the roads would seek the elimipat IT.
OF t.rl, end ore half for overtime
and asks II the members are salts
fed 20 continue work under these
conditions.
Executives Of tie southwe stcra
roads did not meet with the chiefs.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
NOTED CLUB WOMAN
FACES MURDER COUNT

ADRIAN, Mich, Aug. %. - Mrs.
Matte Kirby, Of Hudson, widely
known in Lenawee county as tenn
perance worker and clubwoman. was
ordered held 10 trial Tuesday on a
charge OF having murdered a child
born 10 her unmarried daughter
Alice Kirby. last July. The trial will
be held in October. Mrs. Kirby was
released late tonight on $4,000 bond.
The justice court examination
ended abruptly Tuesday afternoon
after only half of the witnesses sub
poened had been called. The prin-
cipal witnesses were Thomas b.
Thurlbury. Of Hudson. and Hart
we'll Shaw, Of Blissheld, deputy sher-
IFS and DR.. c. S. Lane.
According 10 Thurlbury' Mrs
Kirby told him on July 4 that the
baby had died and that the BODY
had been taken away by Charles
Kirby. her husband. Thurlbury
quoted Mrs. Kirby as saying the
babv had died OF neglect all OF her
time being devoted TO the care Of
the mother. DR.. Lane attended Miss
Kirby at the birth of her child.
When he was called on the night OF
rulv 2 he testified, Mrs. Kirby APP
peared surprised 20 learn OF her
daughters condition and repeatedly
remarked:
The child must be gotten away"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-08-24
CONGRESS TO ADJOURN
SUMMER SESSION TO-DAY

WASHINGTON, Aug. 23.-Con-
gress was ready Tuesday night 10
Quit work Wednesday for 80 days
regardless as to what might happen
70 the anti-beer bill.
So after adoption OF the conference
report on the measure by the house,
il was sent 10 the senate. called up
and given the right OF way. but by
general agreement subject 20 dis
placement OF a conference report on
the agricultural relief bill. The sem
ate remained IN session Tuesday
night IN order 20 have the latter
measure before. It. as leaders had
agreed that IL was the most pressing
legislation 10 be acted on before the
recess
There were indications Tuesday
night that II prohibition leaders were
bent upon on keeping the anu-beer
bill 20 the fore. its opponents would
attempt 70 talk IL 70 death. Re-
publican leaders declared, however,
II the farmer bill could be made
ready for the presidents approval.
the recess would begin at the time
set. leaving the beer question open
for action in the fall.