davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Sharp Wheat Rise
On Heavy Buying
After Early Drop
Reports That Indian and
Australian Crops We're
Small Start Rally; Corn
Receivers From Decline

CHICAGO, Sept. Wheat futures
advanced to new high on the present
upturn and a new top on the crop for
the May on the Board of Trade here
to-day.
The trade was active with more out
side interest, and at the high point
prices were up as much as 61a cents
over the early low with heavy buying
by commission houses and the local
element on the way up with stop or
ders uncovered. May led the advance.
The purchase OF around 100000 bushels
of Australian wheat by India and esti-
mates that the Australian crop would be
around 100000 bushels moro short of
last years crop were the main bulllsh In
nuences The easier tone In cash pre-
miums here and In the East, with a slow
export demand, was ignored by tho trade.
Final wheat figures were 2Mo to Axe
higher, while corn ruled 70 to 1Mc up and
oats "a to IN @ higher.
Corn advanced INC to 40 from the
early low. but did not maintain all of
this. An easier tone was showing early,
sympathy with wheat. Trading was not
largo and mainly of local character
Oats followed other grains. declining
early only to advance later. The South
times. the advance in cotton being a
factor.
Provisions averaged lower. the feature
being the buying of January and March
presumably. hedging against sales of cot
tonseed oil.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
LIMITED PARTNERSHIP

NOTICE IS HEREBY GIVEN THAT
HARRY S. GRAHAM who resides at No.
267 West S9th Street. Borough OF MAMMA
tan. City OF New York. ARTHUR j.
MARKS, who resides at No. 252S Broad
way, Borough of Manhattan, City of New
York, and SIGSBEE GRAHAM, who re-
sides at No. .625 West End Avenue all Of
the State of New York, have formed a
limited CO. partnership to be conducted
under the partnership name of MARKS &
GRAHAM, in accordance with the provi-
sions Of the partnership law of New York,
IN the business of buying, selling and trad :
Ing In stocks, bonds and other securities
as stockholders on the New York Stock
Exchange at New York City, County OF
New York. in which the above named per-
sons are all the partners who arc inter
ested therein, that u.s. the said HARRY
$; GRAHAM and ARTHUR ]. MARKS are
the said sIGsBEE GRAHAM is the spe-
cial partner and Of full age, and the said
SIGSBEE GRAHAM has contributed and
paid In cash the sum OF one hundred thou
sand tS10o,000.00) dollars az capital
towards the comm on stock. That the said
co partnership Is to commence on the list
day OF July. 1921 and is to terminate on
the 9Th day of Auril 1924.
Dated New York, July LIST, 1921,
HARRY s. GRAHAM
ARTHUR j. MARKS.
SlGSBEE GRAHAM
Special Partner.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Questions and Answers Go Together

Qnestioncwill you kindly. give me your
opinion of Great NSrnsrn Is ana N French
sion that you consider them business
mans investment only. and from others
that you consider them to be safe
conservative investment. l own $4,000 Of
each, purchased at the Issue price If they
are not strictly high grade l want to sell
out at profit and reinvest In some
| thing better. For some reason I have
great confidence in the Judgment displayed
Answer-Each of our replies is de-
signed to fit the particular inquiry.
1t is impossible to classify bonds on an
exact scale; at least, that has been our
experience. The same bond may be
good investment for one man and only
fair for some one else whose require
ments are different, and both Great
| Northern rs and Government of France
| 71ss comes into this category. The
fact that over $100,00O,0O0 Of the North
ern Pacific Great Northern joint 6h
per cent bonds have been converted in
to Great Northern Is, which automati-
cally transfers the security for the bond
SO converted to the Great Northern, is
a strong point in the company's favor,
in our opinion. 1t gives the general
mortgage of the Great Northern
strength which will permit future
lilldHClLS Ol Luc OIHcI Hdllu, we w
not rate Great Northern junior bonds
as highly as we do such underlying
bonds, as Atchison, Topeka & Santa Fe
general As, Pennsylvania consolidated
bonds, etc. The difference is pretty
we'll expressed in the difference in yield
on the bonds, although of course in
this respect the Atchison general as
are selling at lower price than they
would otherwise, because they are so
thoroughly distributed among inves-
tors. Frances credit is high. We
think that the TVS are good invest
ments, yet for a person who hesitated
to take money out of the savings bank
even to invest in Liberty bonds we
would not recommend the French TVS.
We hope we have conveyed an impress
sion of what we mean even if the exact
answer to your question is impossible.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Sensational Drop
I'm Cotton After
Rise of SO Bale
Profit. Taking, Hedge Sell
ing and Pressure for De-
cline Combine TO Break
Market After New Highs

The maximum fluctuations rule,
which was required to check the run
away bull market of Tuesday, was
brought into operation by an equally
rapid and excited break in the cotton
market yesterday. Overnight buying
orders, which brokers had been unable
the previous day, caused an early adj
vance Of about cent and half a
pound, but the demand was less gen.
eral and excited, and the market soon
turned easier under an effort to secure
profits.
For time the decline was held at COM
paratively moderate figures fresh buy
various sources. but the selling became
more and moro active prices worked
lower. numerous stop orders were uncov-
ered, and the market collapsed in the late
trading All months sold the full 200
points below early high levels, and the
selling continued active at the close, which
was at the minimum prices Of the day
with tho tone weak at net declines of
IL to 4S points. December contracts sold
at 1880 compared with 1920 at he close
at 1880 compared with 1920 at the close
Of the previous day.
The market opened strong at pm advance
OF 100 to 172 points, with buying stimula ted
by the continued strength of Liverpool.
prices there reacted very sharply after the
local opening. however, and It was soon
siding. At 21.8o December contracts
showed an advance Of over s43 a bale
as compared with the low price of last
month"; and as soon the buying move
ment slackened, there seemed general
effort to profits. Disappointing
Manchester trade advices and an idea that
Tuesdays big sales In the South reflected
a disposition to lquidate spot holdings
probably increased the disposition to take
profits on long cotton.
Southern spot markets as officially re-
ported were Irregular being $50 points
higher to % points lower Sales were
lighter than on the previous date. but a
fair volume of business was reported at
prices ranging from about 1875 for mid
ding at Norfolk to zoe for the same grade
at New Orleans
The local market for spot cotton was
quiet and 35 points lower at 1915; no
sales were reported.
The range of prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Best Place to Keen Ronds

Question: have about 5000 to invest
in bonds. Kindly give your expert
opinion on five pieces of bonds averaging
between and per cent. What Is the
next best to Liberty bonds? Kindly ex-
plain what Is meant by annuity. Would
a broker keep bonds for safek eepng for
client, or do I have TO get a trust COM
pany to take care OF them? Or Is it best
to have a safe deposit box? Your advice
on the above matter would be greatly ap-
preciated.--G. c..
Answer-We would rank Chicago
Union Station Ga per cent bonds, due
1868, and United Kingdom of Great
Britain 53a per cent pretty close after
Liberty bonds and would put such
bonds as Atchison, Topeka & Santa Fe
general as, due 1895, and Chicago &
Northwestern general 31as, due 1887,
and New York Central & Hudson River
314s, due 1877, close to Liberty bond
class. You buy an annuity as you
would life insurance policy. The
larger life insurance companies handle
this kind of business. The life insur-
ance company promises to pay you on
certain specified days of the year a
certain sum as long as you live. A
safe deposit box is the best place to
keep securities, unless you do not wish
to be bothered cutting coupons. In
that case turn your stuff over to a
trust company and pay them to look
after it for you.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Sailor Out to Accumulate $4,000

Question---Would like your assistance In
acquiring $4,000, or something that rep
advice Will do tho rest Am In the navy.
80 you had better not publish this or Con,
gress WIN cut the pay in hurry. l have
$40 month know that | can get the
other $4,000 on $40 month. now have
TINS amount: $1,000 in savings bank. $500
Loan. $1,000 Liberty fourth sa a%s. ST. ooo
land. $500 Atchison. Topeka & Santa 70,
$500 Norfolk & Western consolidated Am
now thirty one, SO. what I would like Is n
list of bonds cheap as possible, where
the principal has chance. I'd Just as
soon get per cent as for the present,
something in tho line of a 3 per cent bond
years, or something based pound ster-
ing. Now: II you will go to all this
trouble J. will be very much obliged Also
bond, 500 kronen. or flo. dated 1909. due
l92O, but 1t carries coupons to 1923. Would
like to know how long 1t may run before
maturity.-H. d.
Answer-The following low coupon
rate bonds, selling at heavy discount
because of the high price of money,
are safe investments in our opinion,
and rs time goes on will appreciate
in market value, due to the approach
of the maturity dates. Kansas City
Southern first IS, due 1850, recently
selling at $685. Illinois Central first
3hs, due 1851, recently selling at g.;
Pacific Gas & Electric general and re-
funding IS, due 1912, recently selling
at 1914; New York Dock first As, due
1851, recently selling at 10; United
States Steel 5 per cent sinking fund
bonds, due 1868, recently selling at "a !;
Pennsylvania Company trust certifi-
Gates, series A, 31as, due 1887, re-
Gently selling at CO.'S; Pittsburg, Gin
cinnati, Chicago & St. Louis, series
E, 31a per cent bonds, due 1949, sell
ing at 751a at the last sale. Your
Danish sterling bond was extended to
1928, and is due in that year, we are
informed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Switch Would Not Improve Position

Question--Will you kindly rate the fol-
lowing according to their desrablity as
speculative investments at this time? Do
any of them look especially promising ?
Would I improve my position by switching
from Virginia Carolina Chemical Company
7Ms. 1892. into the best OF the following.
considering thu security of each the long
err maturity and the fact that would be
getting twice much in face value that
Is. for every $500 bond OF Virginia Caro-
lima Chemical Company I would be get
ting 81 900 OF the other, and the coupon
would be about the same7 Chicago G.
Alton first lien 3hs, 1850, at 36; Mime
apolis s. ST. Louis refunding As. 1949, at
40; Erie Railroad convertible A or b Is.
1853. at SO; Seaboard AIR Line refundinE
As, 1852 at 40-W. Is. S.
Answer-We are a bit optimistic
about the outcome Of the railroad
situation, but no amount of optimism
would cover your entire list, we think.
The chance of your having to take a
loss on some one Of the four is too
large even to dignity by the name of
q legitimate speculation. You have
taken the junior bonds Of three out
of four weak roads. We would GER
tainly not advise a shift from Vir-
ginia-Carolna Chemical 71zs, into any
of the four you name.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Prices Rise $40 a Bale
Or, Ne,p Orleans Market

NEW ORLEANS, Sept. THE most
remarkable exhibition of strength in
the history of cotton trading, accord.
ing to exchange experts, was given on
the New Orleans exchange. to-day,
when all months in the future mar.
kets opened $40 a bale over yester.
days close.
TINS was the full limit of fluctus.
tions allowed under the rules Of the
cotton exchange. All months were 200
points up, October rising to 21.49 cents
pound and May to 2210, new high
levels for the season, and the highest
prices in nearly year
On the opening session last week
October traded as low as 1890, which
means that since then there has been
a rise Of 619 points, or almost exactly
S31 bale on that month.
The advance to-day was in sympathy
with one OF the widest advances ever
scored by the Liverpool market. but
back of the rise in Liverpool was the
fear of the consequences from the
short crop this season.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
FINANCIAL


PROPOSALS FOR BONDS
The undersigned trustee under the First
end Refunding Mortgage OF the Pacific
Light and Power Corporation, dataS
November goth. 1911. has on hand the sum
OF $3.50. 700.67 as & payment to the Sinking
Fund mentioned in said mortgage for the
purchase OF bonds issued Hereunder, and
invites tenders of such bonds for such
purchase to an amount sufficient to ex-
haust said sum. Sealed proposals setting
forth the serial numbers OF the bonds
offered will be received by the UNDER
signed at its office, So Cedar St. New York
City, up to 10 o'clock noon on September
10. 1921 The right is reserved to reject
any bid.
UNITED STATES
MORTGAGE & TRUST co.
SS CALVERT BREWER. Woe Preadsnt.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Midvale Bonds as Good as Bethlehems

Question--will you be kind enough and
vale Steel S per cent bond for Bethlehem
Steel 6s. 1895. l would better my hold
ings? now own Midvale bonds. s. G..
Answer-You would not better your
investment position, by making shift
from Midvale Steel collateral per
cent 1896 first and refunding A per
cent 1912 to Bethlehem Steel, in our
opinion. You would be getting a some
what. lower yield if held to maturity,
and not any higher degree of safety,
we think.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Investment
Information

Qusstions Of general interest to Sn-
vcstors tciil be ansmsred in this COL
ut'tn, IN sohich case only imi.ials ,cill
Dc used. Others ioill be answerod BY
NAL. Address oil Inquiries, inclos-
tng stamped, addressed envelope, to
Financial Editor, The Tribune, l54
Nosscu Street. Ncw York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
FINANCIAL MEETINGS
PACIFIC OIL COMPANY
Notice Of Meeting
Els 13rNa q waX MAUI Xnrir NJ

August 5. 1921.
The Annual Meeting of the Stockhold ers
of the Pacific OH Company will be hold
at the principal Office of the Corporation,
Number West Tenth Street. in the City of
Wilmington County of New Castle, Della
ware. on Tuesday, October 4, 1921, at $50
o'clock p. M, standard time. for the fol-
lowing purposes viz:
l.. To elect three Directors for term
Of three years to succeed the Directors of
the First Class.
2. TO transact all such other business
as may legally come before the meeting.
including the approval and ratification Of
all action of the Board OF Directors and
OF the EXECUTIVE Committee since the first
meeting OF the incorporates and sub
scribers to the Capital Stock Of the Corpo-
ration on December 3. 1920.
s For the purpose Of the meeting, tho
closed at 8 O'clock PM. Tuesday, Sep
TENDER ID, 1921. and will be reopened al
70 o'clock AM. Wednesday. October s.
BY order OF the Board of Directors.
HUGH NELL. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
AMERTCAN SNyrrr COMPANY.

Memphis. Tenn Sept. I. TT,
Dividends of IN & on the Preferred sa =
3se on the Common stock ef 1AMEHisSs<n.II
SNUFF COMPANY were today decias &
payable October I. 1921. to sfockholders = =
record at the close of business Sepfenpse
Is. 1921. Checks win be mailed.
Transfer books will remain open
NJ. T. FINCH. TTeasufe
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
The New York Central Railroad Co

dividend of One Dollar and Twenty,,
Ave cents ts1.25) per share on the capitaaI
Stock Of this Company. has been deeis ne
payable November lst. 1921, at the onics
of tho General Treasurer. to stockholasIs
of record at the close of business Sepfen'
Der 3oth. 1921.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Miscellaneous Markets
Miscellaneous Oil Companre.

a.. BIO; Asked. Bid. Asked
AT! Lobos- 9h 10h Midw Rfg.135 Jas
DO Pr. 40 81 Min Prod. tx Sh
Or Am o.. rs II Nrthwn o rs 20
Cos Co. "a 5h Prd& Cp 4M Az
Elk Bsn bM 63s IS OK Pro 10 1O1h
imp OIL. 80 SO Sapul Rig. ga
Magn Pet.124 1913 WSO&L so as
Merr OIL. 6N IN sPar $40
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
GEORGE w. HETME COMPANY

III Firth Ave, New York, September z, lsIa
Dividends OF one and three-q quarters PSF
cent on the Preferred Stock and two ana
one-half per cent on the Common STOCK O.
declared. payable OCTOBER /, 1871. to stock
holders OF record at tho close OF bnsiness
September II. 1921. Checks win be mailed
+. D. CHRISTIAN. Sec,y & Treas /.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
p. LORILLARD COMPANY

New York. September 7th, 1921.
Dividends OF SITS per share on the Pre-
ferred Stock and $500 per share on ine
Common Stock of P Loriliard Company
nave been declared payable October ISL.
1921, to stockholders OF record at the Gloss
OF business September 18th. 1891. Cheeks
will be mailed.
VIM. n. RHETT. Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08

Grain Prices
Wheat
Yesterdays Previous Year
No 2 hard .....,l,4sM silly ago
Chicago-The range of prices:
Open. High Low. Close. Close close. 9
T poo l 1ss 1 lss* 1 1ss ssH
Yesterdays Previous Year
No ! yellow: .so '7si , S!3s'' 1 az
~ S S;:;%s;' " ~ 81: ~ 4s5zz
Oats
Yesterdays Previous Year
60 wnlte. So.49 $0.46 S0.78
T Decomh"n -. .3 sSh sa% 1914
May .4s% liz ~
Yesterdays Previous Year
No west f.o.o 'Gss; ; d.Gss ,a aS0
Flour and Meal
Yesterdays Previous Year
g.; New YORK n n :, close: close. ago.
cornm soSaoo 'i isSgsSS 'ls ss6 e.
Il
Eye I 80 o.1o gIlO 6.76@710 1926 W1075
Bran 240o 24.00 5000
Livestock. Meats, Provisions
Y,u 49,. Yesterday. Year ago.
= prime. 100 lbs. $1,000 $50 $1soo@1s.5o
,, sides ID. $50 liza ITO .27
mon to prime,
100 lbs. ... 1Oo0m15.6o 1sonmo, "a
D d veal SA'So
city, Id. ...... 1870 .27 oom o.,
Live ewes, 100 30
rr lbs. 5000 500 5000 $50
city, ID. .... o7@ ~ osm,s,
Live lambs. fair 00w'AoA
to prime. 400
lbs. ........ 9o061fn mn 1nonM,I
Dressed q m b. 0'V'Y NV
city, lb ..... 15M "a onA a..
I 81 Ioo lbs BE-: s75@1o.25 s.bo@1725
po bacon; lb...... 1910 .1s .2sx@.24N
1, oiN' Dbl. 2b.5o@26.00 30.0O683f 90
.u amM oeei, Dbl. l2O0@14.0o 19.oo@20o0
West, 100 lbs. 12.oo@12.10 1e5o@1s.eo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
P. LoRnLARD COMPANY

No. rN. fentenlher ith. fyzl.
Notice is hereby given that the Transfer
Books Of the registered Seven Per Cent
Bonds of this Company will be closed al
: q clock +. M, September 18th, 1927, fos
the payment OF interest thereon, due Octo..
Der LIST. 1921, and will be reopened at "
O'Clock "A. NJ, October Sd. 1921
WV. B. RHETT. Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
DIVIDEND NOTICES

THE CHASE NATIONAL BANK
OF THE CITY OF NEW YORK
The Board of Directors has declared :
quarterly dividend of 40 on the capital
stock OF this bank. payable October !
1921 to stockholders of record at the close
of business September %. 1921. The trans
fer books will not close.
WILLIAM p. HOLLY, Cashier.
September T. 1921
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
CHASE SECURITIES
CORPORATION

The Board of Directors has declared
dividend of 81 per share on the capital
stock of this corporation, payable October
1. 1921. to stockholders OF record at the
close of business September %. 1921. TnA
transfer books will not close.
VIM. G. SHAIBLE, Treasurer.
Septemher Z Ia21
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
Tuesdays

Southern spot markets-Calveston steady,
unchanged at 1850; sales 1884. New
Orleans steady. 100 points higher at zoe;
sales, 4498. Mobile steady, unchanged at
1880; sales. 1875. Norfolk steady, IN
changed at 1876; sales. 1904. Memphis
steady unchanged at 19c: sales 2,4o0.
Houston steady. rs lower at 1880 sales,
7,46l. Little Rock steady. 100 higher at
zoe; sales, 1,040. Dallas steady. 20 lower
at 19.10c; sales, 1912. Montgomery firm
25 higher at 1sc; sales 21O.
Cotton Statistics
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08

Federal and Joint Stock Land Bank
Bonds
Federal Farm Loan SIS,
1871 op l931......... 9SN 100h 494
Federal Farm Loan 6s,
1885 op 1923. .......:. ss1s 1907 400
Federal Farm Loans, AVS
1899 op 1924. 1914 "a 5.02
Federal Farm Loan AIS.
1888 op 1923. 93A % 6.0s
Federal Farm Loan Ans
1887 op 1872. ......... ssA "a sos
Joint Stock Land Bank bs
1899 OPP 1924..... 91h 90 b62
Joint Stock Land Bank S.
1888 OPP 1928 slh 90 5ss
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08

Liverpool Cables--spot cotton active and
rising at 1872 points advance; niddling.
900 bales Imports. 1000 bales. none
American. Tenders, new docket. 1000
bales Futures opened strong at IS to 100
vance of SO to ia points. October 14.06d !;
December, 1850: January. 1914; March,
chester: Yarns ana cloths dearer than last
report, but buyers refuse to go on.
Cottonseed Oil
Prices closed 2 to points net higher
for September and October and to 20
points net lower for the other positions
The range Of prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08

-Four full columns Of in
restnsent questions and an.
Steers are published in The
Tribune emery Sunday
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
New York City Bonds
New York State Bonds

Issued In coupon and registered form,
not interchangeable. Coupon bonds regis
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-08
United States Treasury Notes and
Certificates Of Indebtedness
Short-Tcrm Securities

Acceptable in payment OF Federal take
on the dates OF maturity.
Norwich bulletin., 1921-02-10
AT THE sTHANE

Crowded houses will be the rule at the Strand today, tomorrow and Saturday, when Girls "a Everything. the TnusieAi comedy triumph Of the season. will ba the attraction. This 10 the biggest and best musical comedy that this Hecdpn Of the country has seen in many yearB and it comes to the Strand theatre with the record Of establishing new box ofiice rec ords in every city that it has played
 Girls n Everything Is just chockful Of gong, dance, laughter. pretty girls. Won- derful gowns and special scenic and elec- tricai effects. For yczr1. all New Bng- land has been awaiting something origi- nal and sou'ething ont of the ordinary in the line of musical comedy and in GiriG n Everything. the long felt want b sat- ished.
 Girls n Everything is fast, snappI. smart, tuneful and delightfully."- intsreiS- ing from the very start to the finish. la is a musical comedy, produced on izN- ish scale, eclipses anything sver before seen in this city and will. for months 10 come be remembered by those who see iL Heading the cast of funmakers ard principals are Mark Lea. the inimitabis comedian. Ruby Lusby. the prima donns with the big voice. Bernie Clark and many others.
 The beauty chorus. selected fron Broadway's biggest successes. attired in Dame Fashion's latest creations. all ol whom are talented singers and dzncers | is certain 10 register one of the binru1 | hits that this city has known. There will be a complete change si program daily. including all new egwna
 and special scenic effects