davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-06-11
FOURTEENTH ST. LEASE
CALLS FOR HIGH RENT
Suit House to Pay $500, 900
for TUenfy-one Year Lease.

william Brett. cloak and suit
dealer, will pay 100000 for twenty
one year rental of the two four story
buildings. 43x103.3. at 4 and West
fourteenth street and the connected
two story building, 25x103.3. at West
Thirteenth street. owned by Harold
Streibeish and others The lease begins
next August and is on net basis start
ing at $500 for the first year and
increasing to $22.500 for the proposed
rebuilt structure on the sites
Duross Company leased for William
Farrell to Emergency Trucking and
Warehousing Corporation the building
at 6s2 Greenwich street; also to E. ID.
Polites store in 1891 Warren street
and store in 18h Dover street to John
Somyak.
L. ]. Phillips & Co. leased a loft In
1lS Spring street to the Beeman Shoe
Company
Frederick Fox & Co. leased space in
1888 Broadway to Samuel Pearson also
In 3s West Thirty-ninth street to Kath-
arine Hall. fashion artist.
Pease & Elliman leased offices in IL
Stone street to Fl. j. Broderick, and in
lis Broadway to Arthur Steven> g. Co.
Pease & Gilman leased to James T.
.47ee prominent builders. an apa a>ment of
fifteen rooms and five baths in 42O
Park avenue; the same brokers leased
apartments as follows: In las East
Thirty-fifth street, to e. Lloyd Sander
son; In 145 East Fifty-second street. to
Hugh j. Pritchard; in 146 East Forty
ninth street, to Ogden II. Freeman; in 81
West Fifty-eighth street to A. e. Lewis
In 36 West Fffty-ninth street. to Albert
Wertheim. and in ia East Eighty-fourth
street, to Nicholas r. Jones.
j. X. Moors leased store and second
floor in 152 West Fiftyfifth street to
George Griffith.
The New York herald., 1921-06-11
Business Troubles
PETITIONS IN BANKRUPTCY.

The following petitions in bankruptcy were
filed yesterday In the United States District
APEX LEATHER NOVELTY COMPANY.
INC.-Invountary. manufacturer OF mani
OF three creditors: p. Bunder who claims
$1,000: Il. Bennett. si3. and 8. Messenger.
%. Samuel o. Duberstein is attorney for
W. j. KELLs MANUFACTURING COM
b2i West Forty-fifth street. on behalf OF
ss%s sIss sso ASTsm n donnsS ,ss
and Dora Rubin. si75. David NJ. Neu-
berger is attorney for the petitioners.
tary. cotton s conScrters, Isl West West twenty
Z Co, who claim se,es2. Wslter 9. New
HAIRY sfiEvINsKY. voluntary. salesman.
sis East I96ih street. who places his liza.
assets; a. Harry n Goodman es Is Attorney fes
JAMES A.. CoUGHLIN. involuntary. lumber
OF three creditors. Liabilities are given
as 100000. and assets as $4,000. The
petitioning creditors and amounts claimed sns
Harry Gallant, s2ss. Joffe Joffe are
os,torneys for saro the sIgCI getI,io,ners .s.
1878 Third avenue. in behalf Of three oredi-
tors. Liabilities are given as S12. 900. ana
assets $4,000. The petitionins creditors
$1,000: Abraham Broder, 500; Theodore
H. Tcnzer. $3.50. Bernard Bernbsum Is at
torney for the petitioners.
REGAL MEMS SHOP, involuntary. mems
furnishings. 620 Eighth avenue, In behalf
OF three creditors-Alfred A. Wood. who
claims fi49; Thayer d. Hsaley, t23s; Harry
II. Brown $500. Solomon Goodman is at
torney for the petitioners.
SCHEDULES IN BANKRUPTCY.
The following schedules In bankruptcy we're
filed yesterday In the United States District
tyopNsTErN sctyt-I,kIN a sar.TzMAN.
furs, 279 Fifth avenue, show liabilities Of
$1S,615, all unsecured claims. and assets
OF $2.42i. stock In trade. Henry G. Neu-
wirth Is attorney for the bankrupts.
UNITED WOOD WORK COMPANY. against
whom a petition was filed December ~.
1920. show liabilities OF t7,15f and assets
OF 200 property In hands OF assignee.
julius Hahan n attorney for the bankrupt.
ECONOMIC DISTRIBUTION COMPANY,
INC, against whom a petition was filed
December ~. 1920. show liabilities Of
sf4.sO4. all unsecured claims, and assets OF
s2.7I0, Of which s2.5oo Is stock IN trade,
and t1e4 debts due on open accounts.
Benedict s. vitale Is attorney for the bank
pERFEcT ART EMBROIDERY WORKS,
against whom a petition was filed April
.. 1921, show liabilities of s20.675 and as
sets OF $4,000 stock In trade. Samuel I.
ACE HAT AND FEATHER COMPANY,
25, 1920, show liabilities Of s11.bee and
assets OF si,55o. OF which 81 .sss Il stock
in trade and sfs debts due on open &C.
The New York herald., 1921-06-11
PRODUCE.

BEANs-Marrow. choice. 100 lbs. ssas: Is: !:
red kidney. $1i.75 white kidney, s12.5o1
BUTTER = Creamery, higher than extras.
2shaSiMe.: seconds, 2o921ltc.; lower
sra sraass ssae xssaG extras.
s2c: seconds, 2692sc.: State dairy tlbs.
finest. 3193il4c.; good to prime. 2saSoc: !;
make. firsts. 9.d22hc.; seconds. i7Maisc.
lower grades. 1e11Ic.: packing stock, current
make. No, 1. 1sc.; No. q 17c.; lower grades
CHEEsE-state. whole milk. short held,
I5aI6Nc.;, fresh specials. 16N61eAc; aver
age run. 14IsdI5iac.: lower grades. 100 lac.
i4H@i5c; wisconsin. single daisies. fresh,
16616hc.; double daisies, fresh: l5hG l6c.' !
young Americas, fresh. 16h1f7c.; skins.
iresh. specials. lo'ailc'; prime TO choice
EGGs-Fresh gathered extras. dozen 31@
SIC: storage packed. extra frsts. 29d3oc. !;
$3.50 asescc.; firsts 2sMS27Sc; seconds. aa%S
is:s: Ss 81, sSsss esy sssSss
state. Pennsylvania and nearby Western
hennery whites, extras, s5gssc': extra rs
frs,s 1885, frsts So@Sss sa,c sssa
ssc.; extra firsts. s43sec. firsts. s1@ssc. /;
other Western and Southern gathered
nearby western hennery browns, extra. $50
34c; gathered brown and mixed colors.
graded extras. 3f632c.; firsts to extra frsts.
26i5d30c.
POTATOES-Bermuda. bbi.. $2n5: South
ern, 81 .26Q4.50; old, $50 lbs. 81 .50Q2.2 1s5
lbs. 81 5Odf.7o: 1N0 lbs. 81 .25I1. 80: sweets.
POULTRY, DREsSED-FREsH KILLED
Chickens, broilers, 35955c.; fowls. boxes. "a
old cocks. iS7isc. turkeys. 2oas5c.: ducks.
Long Island 2sc Boston. 25a27c.: squads.
white dozen s41e. FROZEN - Chickens.
o. atarA
35a4sc.: fowls. ibTs<c.: old cocks, 14eDf7c. !;
capons. 4sd75Sc.. turkeys. 40@56c.
POULTRY. LTvE-Fowls, freight 20dN2sc. {:
express 2sf30c.: broilers, freight. 45150c. {;
express, 3Od50: old roosters. freight. lee. !,
turkeys, freight, 20c.: ducks. freight. 200
22c: express. 20fD24c.; muscovey, 1bc. /;
geese, freight. f+418c.: express. "a 13c. /:
pigeons, pair. Soc; gIineas, pair. s51e0c. (;
rabbits, lb., express. 20125c.
The New York herald., 1921-06-11
AMERICAN PORTS.
TBy MaN.1


ABERDEEN. Wash. June 3-Arrived. str
Cross Keys, Seattle.
Sailed 4th, bark Forest Friend. San Pedro.
ASTORIA. o. June 4-Arrived. str Ball
(Dutch). San Francisco.
BATON ROUGE, La, June 6-Sailed. str
vistula DAMN, Port Lobos.
HONOLULU. June 3-Arrived. str Haleric
(Br). New York for Manila tand proceeded
Arrived 5th, str n Hanna. San Fran
cisco.
Sound
Sailed 5th. strs Creole State. Manila AMI
Calcutta; China (from Hong Kong. &cl. San
Francisco: Persia Maru (Jap). from do for
do.
HOUSTON. Tex. June 5--Arrived strs G A
Flagg, Philadelphia: Baytown, Jucaro.
LYNN, Mass. June s-Arrived. schr Edith
Helen Verge (Br. Halifax; barge John 7
Hughes, New York.
MOBILE. Ala. June 6-Arrived, fishing
schr Vie fSw), Barbados.
Sailed 7th. tug Tartar, towing barge
Luther r Hooper. for New York (will pick
up barge Marie Hooper at Pascagoula, for
Boston,.
PONCE. PR. prior to June. ARRIVED. schr
A w Chisholm (Br). Lunenburs
PORTLAND, Me, June S-Sailed, str sang
stad tNor), Murray Bay.
SEATTLE, Wash. June 5-Sailed. str Rob
ert Dollar (Br). Singapore, &c.
SAN PEDRO, Cal, Jum 4-Sailed, strs
,viiisoio. Philadelphia and New York: Tah-
chee tBr), Yokohama: 5th, Venezuela. Bal
tmors via way ports.
The New York herald., 1921-06-11
ESTATES APPRAISED.

ALICE HARRIET. COUNTESS DE KEss-
LER. nee Lynch. OF Bournemouth. Eng
land (September 10. 1879 Leaving
total estate Of 5000. .92s. OF which tii. .4so
IL taxable in New York. A daughter.
Marquse de Brion OF Paris. is the prin-
cipsl legstee.
ROBERT s. REID. February II. 1879
Leaving gross estate OF SILL 1855: net
estate, $10s.o27. Wife, Anna Z. Reid OF
1os West Seventeth street, receives an
annuity OF $500.
LYDIA l.. McKINSTRY. (January 10. 1o2o)
Leaving an estate of s2s2.Ti5. Of which
her husband. Charles II. McKinstry OF
West Fitty-fourth street. receives life
interest ia s6i.iS0.
GEORGE II. ROSS OF Morris,own. ". J.
March %. 1920 Leaving estate OF
sl23.Io4. with si5.32s taxable in New
York. Children, Laura T. Ross. Madeleine
o. Dalrimpe, George II. Ross and Mabel
w. Hardy, divide the estate equally.
HENRY e. LAWRENCE. (September II.
1912 Leaving total assets $3.50, ,I22; net
estate, s4as, ,s37. OF which si0l 900 repre-
sents scat on New York Stock, Exchange.
Two daughters. Gladys l.. Hubbard and
Lucy @. Hutchinson. inherit the estate.
The New York herald., 1921-06-11
REALTY JOTTINGs.

Stores Building Company has had
plans filed by Architect NJ. A. Cantor
for six two story stores and dwellings
to be erected at 10 to 11s Dyckman
street. each 1sxi6. and 10 cost $4,000.
Connor Construction Company is the
buyer OF 10 Ann street. southwest corner
OF Theatre alley. sold recently by the
Broadway Savings Institution.
Pease & Gilman have appointed c.
II. Aren't manager OF their downtown
sales and rental department at IS Lib
erty street. Mr.. Aren't has been as
ISOLATED with Pease q Gilman for
nearly ten years.
The New York herald., 1921-06-11
aUEENs-RICHMOND DEALS.

Lewis II. May Company sold for
Beaoh-Wood Corporation, Leslie Beach
president, its property on the southwest
corner of Mott avenue and James street.
Far Rockaway. Queens. consisting Of
eight buildings. containing the Far
Rockaway Post Once. eight stores with
thirty apartments. l60x100. The pur-
chaser will n1odernize the apartments for
all year occupancy. The property was
held at $4,000.
Cornelius @. Kolf sold to Edward r.
Johnson a plot. 50x15o. on Hope avenue.
Fort Wadsworth. S. j., for tho Belair
Manor Company
The New York herald., 1921-06-11
"MopERN MILLER's" OUTLOOK.

Special Despatch to THE NEW YORK HEaALp,
CHICAGO, June 10.-The Modern Nil
Ter says: winter wheat yields In many
sections OF the belt have been increased
by recent rains. This is most marked
In Oklahoma, Kansas and Nebraska,
where crop indication Is for 10000, 900
bushels. Much of the wheat has headed
short. Rust is present In Missouri, I'LL
nois and Inciana, but not to a serious
extent. The Hessian fly infestation in
these States Is greater than indicated
some time back, but general prospects in
the territory are substantially better
than last year. Spring wheat IS MAX
ing splendid growth and condition is
high
The New York herald., 1921-06-11
STEEL AND WIRE CROP REPORT.

Special Despatch to THE New York HERALD
CHICAGO, June 10.-The crop report of
the American Steel and Wire Company
tomorrow Will say: Reports from our
representatives indicate that large
proportion of the country is In need OF
rain. Unless good general rains come
in the next few days the hay crop VIII
be considerably shortened. as hay Is not
making The growth that II should. The
dry condition is also unfavorable to
oats. Iowa. Minnesota, North and South
Dakota. parts of Nebraska and portions
OF Montana have been favored with good
rains. The Colorado district Is suffering
The New York herald., 1921-06-11
SALE AT BELLAIRE TO-DAY.
Kennedy to Oner 400 Homesites
on Long Island.

Bryan l.. Kennedy will sell to-day, at
I O'Clock on the property. 400 home
sites at Bellaire Manor. Bellaire. l.. j.
The property to be sold is only two
blocks from the Bellaire station OF the
Long Island Railroad and n pleasant
half hours ride to the Pennsylvania
station at Thirty-third street, Manhat-
tan. This auction sale OF lots at Bellajre
Manor affords homeseekers an oppor-
tunity 10 buy at their own price good
year round home sites.
The New York herald., 1921-06-11
METALS.

On the New York Metal Exchange
tin was easy and Straits,
Straits shipments and standard were
quoted at 2S@29. Copper was weak;
standard spot and June, 1880 asked. and
spot and June, 1925 asked.
Lead was dull; New York spot. 40
asked, and East st. Louis. 4.25 % 4.60.
Zinc was dull; New York spot. 4.S0, and
East st. Louis spot, 4.50 asked.
The New York herald., 1921-06-11
LONDON WOOL AUCTION.

LONDON, June 10.-The offerings at
to-day's wool auction sales were $500
bales. Bidding was active. and home
and Continental buyers quickly absorbed
all offerings at prices in sellers favor.
The best grades Of merinos were the
firmest
The New York herald., 1921-06-11

from a deluging rain. Corn is In good
shape. growing slowly with the stands
good. The cotton outlook is not i'm
proving No potato crop promises to be
an average cne IL sufficient rain arrives
at the proper time.
The New York herald., 1921-06-11
CABLES.

Rio 100 to 1o5 rcis higher Dollar rate 200
higher At TtpOo Exchange I'D higher At
SID. Receipts II 900 bags and stock s41 900
bags. Santos futures unchanged 90 $50 reis
lower Receipts q, 900 bags and stock 2,p20,-
600 bags. Receipts at ports $4,000 bags,
against Il, 900 last yeer and $4,000 two years
ago. Sac Paulo had 1900, against 5000 and
I6, 900 and Jundiahy q, 900. against 1000 and
I 900 bars. respectively. Cleared from Santos
&c, 600 bags for New York.
The New York herald., 1921-06-11
Naval Orders
Special Despatch 10 THE NEW YonK HERALD
New York Herald Bureau,

These naval orders have been made public:
Lieut.. Commander J. l.. Brown, n. C., TO
". q. s. Mercy; Lieut.. o. 4. Cato, S. c., TO
Navy Supply Depot. South Brooklyn; Cons
mander p. Il. Davis. TO command Submarine
Division 3; Lieut.. Commander A. IA. Eddins.
s. c., to Supply officer Naval Station. Key
West; Lieut.. Otto Fries. 20 y. S. 2 Bridge
Commander ]. J. Hannlgan. 70 Twelfth naval
ton fitting out u. s. S. Maryland; Com
mander +. G.. Pyne. to aid ON staff COM
mander In chief Asiatic fleet; Commander
Z. n. Van Patten. to U. s. 5. Arizona
The New York herald., 1921-06-11
Fire Record.

A NJ Loss.
:3o-si East i2ith st. unknown. .Unknown
20 West 2qth st: Edward Ar
a:55-i2 Av. a. Ida Sander Unknown
=. ".
i2 :io-2554 Decatur av. The Bronx;
~ .55-In front Of 32s west 2sth st.
United States army truck. Unknown
2 :o0-2i95 Sd av; d. $. c. wagon
......-.. ..s....... OnsnoNn
s:i5-54o Lenox av.. Mrs Holmes
5:o5-557 W. ii4th st: Mrs. Tre-
b:1o-si2 Broadway: KatE Rosen-
b:2s-isis Broadway: unknown. :. Mons
b:25-2Of w. S5th at. unknown ......N None
5:5o-s3s f.. 22Tth ST.; John Bogsa-
loni .s.-...s..... .+s..ss. lritiins
6 s.oo-west 3ist ST.; Brookmsn Co.
s:o5-2s7 Cherry St, Ester Cohen. Unknown
0 25-i5n r. Houston at. Thomas
CORRECTIONS.
The fire record yesterday showed fire as
having occurred in the premises occupied by
J. stein Company, hei Broadway The fire
ms rshai reports a false alarm was sent IN
The fire record on June 5 showed = frs
as having occurred IN the premises ~ the
Stn,Ioners Ruling Company, 2ii Centre
street. The fire mashal finds the fire oc-
CURED IN The premLses of another concern.
The New York herald., 1921-06-11
WHEAT
NEW YORK PRICES.

WHEAT.-No. . red, $1.701h No. 2 hard,
si.73ih; No. l Manitoba, $1.s61a No.
mixed Durum. $1.6sh c. 1. (. track New
York to arrive.
CORN.-No. . yellow and No. white
s2Nc.: No. mixed, s2ssc., c. !. Z. New
York 10 days, shipment.
OATS.-No. white quoted at 49hc: No.
. white, 49c.; No. 3 white, 4Ilic.; No.
white. 45c. to 45hc.: fancy clipped white,
52c. TO 5Sc.: ordinary clipped white, 19l.c
10 Bic, all elevator.
RYE.-No. . Western. $1G1ls I. o. b. and
s1.57h c. |. T.. New York:
BARLEY. Feeding. 7i@74c.. and mating
HAY.-No. /, s2s@so: No. .. s2ea2s; No.
8. $23725; shipping. $o0do1.
STRAW.-No. ! rye, $26Gos a ton.
WHEAT, including flour, exports for the
week, according to Bradstreet's aggregate
s.5es.166 bushels, against s,9o6.5ss the pre-
vious week and 1884 .40S last year: since
July /, 415, 4s3, ,5f3, against PSI .2T9,197 last
year. Corn exports for the week, 1.553. I'll
against 2,o74, ,266 a week ago and 10000 last
year; since July /. 45.s01 .074. against
3s13,952 last season.
The New York herald., 1921-06-11
SATISFIED JUDGMENTS.


The first name is that OF the debtor. the
second that Of the creditor and date when
judgment was filed;
MANHATTAN.
ACKER, MERRALL 4 coNpTT
co. Ell AL.-People. &c.. January
FRIED, .jacoS--M. Hsuptm.n. june -
cLxsYs, Marie-A. d. q. Collie.
April 25, 1921. 1.......... .........' 1882
Betting and Supply Co.. May 20.
pAiNp. wni,am, E..M. s. uiman 00''
ct al, May &. 1921 Cancelled -. 47.425.7s
Corp, April q. 1921. ............... - $3.50
bar,h.Peopis, &c. july ~, 1870. 10000
MoRGENsTERN. jose ph--M. Levy.
July 81, 1912 (canceIlcd) .....,., f.osea
woLFINGER KNITTING MILLS.
April Is. iD2i. 80. 80. -. 2.iso.s7
ty Co, June 1, 1921. ............. es3.5i
May 20. Is2i. ;. 80. -, s.742S3
HEINRICH. Charles = Consumers
20. 1921. -. ........ ........... 2,7Sos2
of N y. April 10. 1920. ..,........ - i.e7ioo
CHURCH. INCL. Alleyne. April
RYTHMopiK hi; Music CORP ''o'''
sykes Mfg. Corp. Jan. ~. 1921. =. 1.tf41e
CIIAYES, Louis ia. Bennett. May
ciiAYEs, Louis J.-R. Rivcllo. May -
BoNpEIIo. sIIIo Antonio N..ciSri.. WI. V'"
lard Co.. March %, s,2f..s...... 1888
The New York herald., 1921-06-11
SEABOARD CLEARANCES.
FLOUR.
New York Prices.

Spring patents, $9a9.5o; spring clears.
s75oas soft winter straights, $73597. 10;
hard winter straigbts, ss.75ds.25 Rye flour.
fair to good. $9d0.5o; choice TO fancy, $95oQ
Cornmeai fine white and yellow granuated.
81 s5B1 .a5. Feed. city. bran, 100 III. sacks,
$27; heavy :niddlings, do, $27 red dog flour,
1t0 10. sacks, $36. Western bran, 100 ID.
sacks, $3.50; standard middlngs. do. $24 !:
flour, middlings, do, $40; red dog flour, 1fO
III. sacks, S34 OIL meal. $3.50 ton.
Minneapolis Prices.
Flour, 20 TO 35c. higher. In carload lots: T:
family patents quoted at $9.1O49.1b bar
rel In 9s pound cotton sacks shipments.
J5,ToT barrels. Bran. $40.
The New York herald., 1921-06-11
COFFEE.

The range of prices in yesterdays
coffee futures market follows:
The New York herald., 1921-06-11
counts. Morris ]. yunger Is attorney for
the bankrupt
RECEIVERS m BANKRUPTCY.

The following receivers In bankruptcy were
District Court:
SCHWARTZ ART SHOP. INC. novelties.
4o4 Grand street-John L. Lyttle, receiver.
with bond of 81 600 Liabilities are esti-
mated at $4,000 and assets at $4,000.
APEX LEATHER NOVELTY COMPANY.
INC, manufacturers manicure articles. 10
Fifth avenue-Bertha Rembaugh. receiver,
with bond Of 81. 900 Liabilities are esti-
mated at $4,000 and assets at s., ,000
w. J. kELLS MANUFACTURING COM
SPANf, automobile radiators, 52f West
Forty-fifth street-Arthur Y. Dalziel. re-
ceiver. with bond of 5000. Liabilities
1000.
JAMES A. CoUGHLIN. lumber dealer. 1901
Amsterdam axenue-John J.. Lyttle re-
eeiver' with bond OF s12.0
JUDGMENTS FILED.
The following judgments were filed yes
terday. the first name being that of the
debtor
MANHATTAN.
The New York herald., 1921-06-11
BID AND ASKED QUOTATIONS
\. Y. STOCK EXCHANGE QUOTATIONS.

To the following prices accrued interest is
10 be added In every case
The New York herald., 1921-06-11

The following petitions in bankruptcy were
filed yesterday In the United States District
Court:
APEX LEATHER NOVELTY COMPANY.
INC.--Involuntary. manufacturer of mani
curing articles. 70 Fifth avenue. In behalf
New-York tribune., 1921-06-02
Reaping Building and Loan Benefits

Cuestion~-~Next month shall have 81. 900
from building and loan savings TO invest
May ask your advice regarding ~ / sm
e teacher entirely dependent upon my own
earnings and lack business experience I'm
leave tae 81 900 undisturbsd. Also would
YOU advise my selling four Western Elec-
trio z per cent 1925 bonds aud Investing IL
the long term bonds advertised in the en-
closed circalar? expect TO be guided en-
tireiy by your advfce.-~M. II. &.
Answer--Y our letter illustrates why
we advocate building and loan associa-
tions for salaried people who save pc
riodically. You have been saving SIS "A
month for about eleven years, at some
sacrifice. probably not much, and next
month the association will hand you
9 check for $1,000. Over that period Of
time your savings have been secure and
the interest on them has been com
pounded for you. We suggest that with
your 81 ,0oo you buy d 81 900 New York
Central per cent debeuture, 1885,
which will cost you about SS75, and
take out FIVE new building and loan
shares. The $50 interest will just carry
them fer you. If you feel like continu-
ing TO save S. out Of your salary take
ten shares. Add few dollars to the
1926 Of your $1,000 remaining and buy
five shares Of American Bank Note
PNl SNtiS AEai TbOjs
which is high rade. BY this plan your
original S5 a month will have run into
more than $4,000 before 1895. We see
no reason for selling your Western
Electric bonds, due 1926, just now. They
are convertible into per cent pre-
ferred stock of the company, par for
par, and are high grade. 1t is likely
thst the conversion privilege will
either be attractive to you, Or profit
able, at the maturity OF the bond, It
is not as If you held non-convertible
bond due in such q short time. IF that
were the case v-c might advise you to
sell now. The Western Electric recent
" retired its S per cent preferred stock
at 120 There is none OF the Z per cent
preferred outstanding now. School
teachers over in Jersey receive small
salaries, and we are clad to see yon so
successful with your investments. With
your pension, we hazard the guess that
you can look forward with equanimity
to- the inevitable retirement, ii you
stick to your present policy.
New-York tribune., 1921-06-02
Oil Co. Officials Fined
$4,000 i'm Fraud Case
New York Broker and Ken
sucky Man Convicted in
T.. s. Court
Spscia! Dt8patch to The Tribune


LOUISVILLE, KY, June 1.-F'ines
aggreg ting $4,000 each were meted
out to Abraham Mclaughlin, broker,
New York, and Abram Renicke, Win
chester, KY. officials of the McCombs
Oil Company, by Judge Evans, in the
United States District Court yestc rday.
on thirteen counts OF an indictment
charging use OF the mails in scheme
to defraud A jury found them guilty
last Saturday.
The court gave the defendants the
alternative of paying the fines or re-
ceiving prison terms. The fines were
assessed after Judge Evans had over
ruled the motion of counsel for de-
fense for new trials on the ground
that no proof had been intr oduced to
ahoWs any scheme to defraud. In SEN
tencing the men, Judge Evans said
that. although the law had been vio-
lated, he could not see that results had
been sufficient to justify prison SEN
tences and deemed heavy fines sufi-
cient. He said that from the evidence
he believed that there would be con-
siderable money available to meet the
fines.
Fines of $1,000 were assessed on each
of seven counts and $500 on each
OF the remaining six counts OH which
Renicke and Mclaughlin were con-
vieted.
New-York tribune., 1921-06-02
Girl Anxious to Invest Savings

Question-~Win you be kind enough to
give me some advice through your paper
concerning Investments? am a poor girl,
dependent upon myself and earning sal
sry OF 81, 900 ! have 6ccuu ulated saVug gs
of $500, which am anxious to invest to
receive q higher rate of interest than the
savings bank. No doubt Il is unnecessary
for me- TO say that this saving represents
several years Of hard work. and feel that
safety is very important. VIII you be kind
enough to help me- and let me know just
what you would do under similar circum-
sta nces Mise IL II. s.
Answer-We suggest that you buy
the following $1,000 bonds: New York
Dock first per cent 1851 at about
G71a, to yield nearly IA per cent to
maturity. aud international Mercantile
Marine firsr and collateral per cent
1851, at about 81, to yield about 10 per
cent. They will cost you about $500
and will give you yearly return Of
$500. or CT per cent. The fact that you
are buying them at discount will en-
able you to increase your principal
about one-third, if you content yourself
with the current interest, at maturity.
The bonds are both first mortgages and
Of good grade, in our opinion.