davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-03-25
American Smelling
Stockholders Plan
Inquiry Committee
Seek to Learn More of Com
pany Than Was Revealed
by Annual Report; Action
Separate From That of
Eilers

Prominent stock-holding interests in
the American Smelling and Refining
Company who desire to know more con-
corning the company's affairs than was
revealed in the last annual report an
nounced yesterday the formation of an
vestigating committee, including in
its membership Henry Evans, chairman
OF the Continental Insurance Company; !;
Il. X. Pomroy, member of the Stock
Exchange firm of Denny, Pomroy G. Co.;
Willis D. Wood, of Ladd & Wood; C.
II. Kelsey, president os the Title Guar
antee and Trust Company, and Henry
Wilton, president of the Union Sulphur
Company.
1t was announced that this movement
was independent Of that already insti-
tuted by Karl Eilers, q former vice
president and director Of the Guggen-
helm concern. Mr.. Eilers is soliciting
proxies to be voted at the annual meet
ing in April in opposition to the pres
ent management. 1t was said that the
members of the new committee are not
acting with any antagonism toward the
personnel of the present management.
However, it is understood that Mr..
Eilers has agreed to provide the in
vestigating committee with all the in
1ormaC1on ne mas available bearing on
the acts of the management and the
general affairs of the company. The
committee will ask for power from
stockholders to prosecute the investi-
CATION, under court order, if neces-
sary.
The stock-holding interests repre-
sented by the new committee are said
to desire more information than was
contained in the consolidated state
ments as of December 81, 1920, of the
American Smelling and Refining Com
rany and the American Smelters Sc
curities Company. Separate balance
sheets of each company have been re-
quested.
Inquiries also will be directed to the
Smelters company's policy last year of
paying dividends on its common and
preferred stocks by drawing down the
surplus of the Securities company. The
management of the former has been in
terrogated as to whether this payment
was made in cash for the purpose of
putting the Smelling company in divi-
dend funds. The Smelling company
also has been interrogated as to in
ventory values.
The depositary of the committee is
the Title Guarantee and Trust Com
New-York tribune., 1921-03-25
Oils Irregular
In Firm Trading
On Curb Market
Industrial List Shows Signs
OF Strength; Stutz Motors
Weaker on Increased Sell
ing; Changes Rule Small


Although trading on the curb mar
ket showed generally frm tone,
there was considerable irregularity
among oil stocks. Maracaibo was up
2 points at 26, but Simms dropped un-
der to a level with Carib Syndicate
at 6y.
Industrial stocks were somewhat
stronger as rule, but changes were
small, with the exception of Stutz
Motors. which dropped back to 100
from Wednesdays closing sale of 106
on increased selling.
Securities t6 be issued under the re-
organization Of the Chicago & East
Illinois Railroad Company we're traded
in for the first time. The common
dropped from the opening transaction
at IS, but recovered later and moved
up to ID, while the preferred ranged
around 81
New-York tribune., 1921-03-25
Will Watch His Market

Question-I'll soon have $4,000 to invest
and want good yield and safety. can
watch the market you advise. and have
thought Of buying Telephone and Tele-
graph, Union Bag, Kansas City Southern,
Cuba Cane preferred and Ice preferred.
Which is the best?-T. II.
Answer-Your suggestions are fair
only. None of the securities is of the
best grade, although all are probably
safe enough. When you decide that you
must have yield in the neighborhood
of 10 per cent it must be apparent to
you that you cannot obtain high grade
issues. We prefer Telephone, Union
Bag and Kansas City Southern pre-
ferred as the best three.
New-York tribune., 1921-03-25
Brokerage Firm Suspended

Einstein, Ward & Co. were sus-
pended yesterday for one year from
membership on the Stock Exchange on
charges of unbusinesslke conduct. The
specific regulation of the constitution
under which the firm was suspended
was found in Article 7, Section 6. This
said:
Chat the acceptance and carrying
OF an account for a customer, either
member or non-member, without
proper and adequate margin, may con-
stitute an act detrimental to the in
terest and welfare of the exchange, and
the offending member may be pro
ceeded against under Section 8, Article
IL of the constitutions
New-York tribune., 1921-03-25
Commerce Monthly Out

tsells cents per Share.
New-York tribune., 1921-03-25
Moody's Investors Service
JOHN MOODY, Prssidens
~ NASSAU Street New York, NY.
PHILADELPHIA CHICAGO,
Paris Market Firm,

4, ,lsnAkiS, March 24.--Prices were firm
n.s.s sae bourse to-day. Three per cent
"a ssSsss' oS francs 25 centimes; exchange
e.s .tsD,noon, 56 francs 40 centimes; s per
isl. loan, S3 francs 95 centimes. The
as.sas was quoted at ID francs SO CEN
Si,s, Nv bourse will be closed tomorrow,
~'afday and Monday.
New-York tribune., 1921-03-25
westchester & Boston's Prospects

Uuestion-Would you kindly give me an
poration and details OF their gold sinking
Iund per cent bonds? What Is the New
n, iork, Westchester Boston Railroad 8
rate rate raise In the zone in favor New York.
New Haven & Hartford Railroad? Don't vou
.hink New York. Westchester & Boston ~
per per cent bonds look quite good now at 4s3
what 500 bonds running from five to ten
years are good investments? Bv huving a
1n'vessliied 1arss r,e5s SELECTION should choose
od OF 81. Louis q San Francisco adjustment 6
Per cent tell me how to go about Changing
them to one $500 picce.--G. J. H.
Answer-We can hardly agree with
you that New York, Westchester E.
boston az per cent bonds look good at
AZ. They may have some attractive~
ness as speculation at that price. but
not as an investment. The interest is
guaranteed, and has to be paid, by the
New Haven. The road is we'll bni1t in IN
1act, more expensively built than anv
present prospects of traffic, or rate
increase on the traffic it now has
would justify. 1t is suburban passen,
ger business line, the terminus of
winch, however, can only be reached by
the downtown business man by way of
one of New York City's rapid transit
1acllitles, thus necessitating a change
OF cars, etc, and on its short-haul bust
ness, 1T has to compete with the exten-
sions OF the subways and elevated. On
ITS long-haul business. it competes with
the New Haven's main line, and the
Grand Central Terminal is much more
easily reached than the Harlem River
station of the Westchester. Your best
and quickest way of getting your five
$loo bonds changed into a one $500
bond would be to bring them into the
New York office of the company your
self. The office is at II Broadway. The
Barnsdall sinking fund convertible 8
per cent notes, due 1881, are issued in
500, $500 and $1,000 denominations.
They are the direct obligation of the
company but are not secured by q
mortgage, The company produces and
retines oil and owns pipe lines. The
following are good $1o0 bonds in our
opinion: American Agricultural Chem
ical 5s. 1928, at 81; City of Lyons es,
1884, at 871s; Colorado Southern AIS,
1895, at 7S&; French Government IS, at
l0l% and interest; Pere Marquette IS,
1856, at Sc and interest.
New-York tribune., 1921-03-25

Questions Of general interest to in-
oesfors toill be dnswered in this COL
u.nrn, in (Which case only initials will
% used. Others toiU be answered BY
mail. Address all inquiries, imclos-
,ng stamped, addressed envelope, to
Financial Editor, The Tribune, lsI
Nassau Street. New York City.
New-York tribune., 1921-03-25

The current issue OF Commerce
Monthly, published by the National
teresting articles on phases of foreign
trade besides the regular statistical
features. A discussion of inland water
way transportation, attempting to show
that proper terminal facilities are es-
sential to low costs, IL feature.
New-York tribune., 1921-03-25
Violations Charged

WASHINGTON, March 24.-Investi-
cation of the business practices of the
Samuel Hastings Company, of Cairo,
ILL.,, by the Federal Bureau of Markets
has disclosed eleven violations of Sec
ton Of the grain standards act, the
Department of Agriculture announced
to-day.
New-York tribune., 1921-03-25

rany. The committee in formal state.
ment announced that it had been or
ganized with special reference to tho
charges of mismanagement which have
recently been made by q former vice.
president and director Of the company"
New-York tribune., 1921-03-25
Doubtful About His B. & O. Issue

Question: recently purchased 5000
worth of Baltimore & Ohio Pittsburgh &
Lake Erie IS, 1941. These bonds were
represented to mo being legal for saving
funds for about five different states, and
on this basis I bought them. Since then
| have ascertained, however, that they are
considered a second grade bond and that
the Baltimore e. Ohio Railroad is not in a
very strong condition. This seems a little
hard to understand, as these bonds only
show a temporary yield of some 6 per
cent. I would most certainly appreciate
real information from you as to whether
| should hold on to these bonds or dispose
OF them now and purchase something more
secure What / really want to do Is to
pick out some first-class securities which
show chances of appreciation and about
which l will not have to worry.-G. T.. H.
Answer-We think that under pres
ent railroad conditions if you hold q
bond of one of the weaker railroads
you run chance Of having to worry.
Your bond is we'll secured, but the road
is having a hard time and it might
have trouble in refunding the bonds
that become due in the next few years.
If you want to avoid chance Of worry
ing over possible declines in the mar
ket value it would be better to pick
bond of one of the strong roads like
the Atchison, Topeka & Santa Fe or
the Chicago, Burlington & Quincy In
spite of the foregoing, it is our opinion
New-York tribune., 1921-03-25
Talks
TO Investors

lK INVESTOR who makes use Of
our rating system is protected i'm
tho selection of his investments
and greatly minimizes his risks.
But the quality. of the different
securities changes from time to
time just as the credit of busi-
ness men increases or declines.
CONSEQUENTLY. intelligent in
vesting includes not only wise
election, but continuous super
vision. To properly protect his
capital, the investor must con-
form to changes in fundamental
conditions as well as detect de-
terioration or improvement i'm
the quality of the investment
itself.
mo INVESTOR. unless himself n
specialist, cam safely do this
without expert aid and advace.
And any aid or advice whichbhe
relies on must be disintercsted
and independent. Sellers of Sc
surltics are not disintcrested.
and while their opinions may bo
entirely honest, they cannot be
iuliy detached opinions.
10 sUrPLY THE DEMAND IN THE
INVESTMENT FIELD for an expert
erganization of investment sum
! etv1slon, we have deyelOped fhis
service during tho past dozen
years. 1t has been built up to ell
IN urgent need in the invest-
mcnt world and today supplies
service of wide and varied scope
% many thousands of clients
,ocsted in all parts of the world.
/ Let us tell you more about this
service and our rating system.
We feel sure that you will be
New-York tribune., 1921-03-25
lima Locomotive Earns $2O.I9

The Lima Locomotive Works, Inc,
reported net profits after charges and
Federal taxes for the year ended De-
cember 81 of $1,078,73O, equivalent after
preferred dividends to $2019 a share
earned on the $4,350,00O common stock.
Surplus amounted to $878,18O
New-York tribune., 1921-03-25
Seeks High Rate Bonds Under Par

Seeks High Rate Bonds Under Par
Question-Will you please tell me what
you think of the following bonds for in
srestment as to marketability, callable
(sa.n1e seoqriy Virginia carcna
w. Pennsylvania Ohio Power and Light
ao-year per cent bonds at 98. Cities
service Company series. d per cent de-
nenture. Public Service Company of
gold, gold dsbentures 1885, American Agricul-
o' to nvsa aSout = ec cent m hs s4 D.s, Ts ose
Northwest Bell Telephone and would like
20 70 ouy y under par par good bonds paying from
Answer = The Virginia Carolina
Chemical TVS are callable at los, the
Pennsylvania-Ohio p. and l.. are call
able at 110 to Nov. /, 1921, and at / per
cent less each year thereafter, the
Cities Service series D rs are callable
at 102, the Public Service of Northern
Illinois IN at 105 to Sept. 1923 and at
decreasing prices thereafter, and the
American Agricultural Chemical TN at
fO5 to Feb. 1, 1926, and at lower prices
thereafter. All of the bonds are mar
ketable, and we consider them all good
investments. You might consider di-
Car and Foundry Preferred
you think Of the following stocks for
strictly investment purpose: American Car
and Foundry Company preferred, Ameri-
can Smelling and Refining, American Tele-
phone and Telegraph Company; also
United Staten Rubber preferred ?-H. N. c.
Answer-The stocks that you name
are considered good investments for a
business man. Rubber preferred and
American Telephone and Telegraph,
each paying per cent dividends, are
first class stocks, but unlike strictly
investment bonds, they are compara-
lively sensitive to earnings. The Car
and Foundry is high grade, however.
We frequently mention high grade
bonds which, we think, are better for
"stictly Investment purposes"
Likes Beth. Steel and Rubber Common
Question-For a small investment, say
ten shares. which would you advise pur-
chasing, Bethlehem Steel or United
States Rubber common?-C. E. C.
Answer-Bethlehem Steel B and
United States Rubber common are
both speculative stocks, because they
are sensitive to earnings and market
condition. The advisability of buying
either Of them depends on whether
their prices have discounted the un-
favorable elements in their respective
industries. That is speculative mat
ter about which we do not undertake
to advise. The yield may guide you to
certain extent. 1t is usually wise to
count on higher yield indicating
greater risk. If you are going to in
vest your money, we suggest that you
follow some Of the suggestions fire.
quently made in this column.
New-York tribune., 1921-03-25
Investment Information

that the holders Of underlying first
mortgage bonds of the road are reason
ably protected from loss of principal
at maturity.
New-York tribune., 1921-03-25

Four full columns OF in
Uestment questions and an
s,cers are published in The
Tribune euery Sunday.
New-York tribune., 1921-03-25

Sales.
1900 Alaska -Br C NJ.
1900 *fAtlanta.
$500 sfBelch e "a p)
1900 *fBelch D "a %
1000 Big Ledge.
$500 *fBooth.
1850 fBost & Mont.
$500 +fCaledonia. :.
$500 *Candelaria Sill.
$500 sfCashboy. 49,.
200 Cons Vir Silver
$500 *Cortez Silver.
1900 *Crackerjack..
500 Cresson Cons G..
1900 Divide e "a p).
$500 Emma Silver.
1880 Eureka Cr M.
200 *fEureka Holly
100 sForty-nine NJ.
1900 +fGold Zone D.
$500 *tGoldfd Cons.
1900 fGoldfd Dew.
1000 *Goldfeld Flor.
1900 *fGreat Bend. :.
5000 HT Harmill d M
$50 Hecla Mining.
$500 *Iron Blossom.
13200 *fKnox Divide.
10000 IL Star Cons M
5000 *fMacN Cr M.
1000 *tMacNam Min
$500 +TMarsh Min.
100 *M'lode Cop old
500 *Nat Tin Corp.
700 Nipissing Mines
200 Ophir Silver M.
200 *Plat Pail Prod
500 Prince CON-.
5000 Rex Consol.
$500 *fSilver K Div.
$500 *tSil M OF Am.
$500 *fSilver Pick.
400 $50 Am G & p.
100 Stand Silver l..
1900 *fSuccess Min.
$500 *Sutherland d.
TOO *Talapoosa Sill.
430 fTono Belmont.
5000 fTono Divide.
420 Tono Exten -.
ESQ +Tono Mining.
1850 United Eastern
500 *Un M of Mex.
5000 *fU S Cont NJ.
$500 *+Vict D "a p).
1000 Western Utah.
1900 fW Caps Min.
$500 Wilbert Mining.
New-York tribune., 1921-03-25

FederaI and Joint Stock land RanL
Bonds
Federal Farm Loan IS.
193S-1923. esy ean sos
Federal Farm Loan 4hs ''
radsIs, isSs71g24: a.. s1h s2N b.1a
r.dsrsl 1sSsl9Ss: Es 3D., .I:::.;n. s1M s2N 5.14
1oint ihsss,dSS2; stne I.na s1h s2N SIG
Joint lysy;lyI4 stocn Lana t:a; es 1914 5.ss
lsSS-1e2S. 2S.............. 90 9sh $50
The spectator., 1921-05-17
Too much humility can be pride
30% 50% Plumbing and Heating Supplies
 at Wholesale Prices RID We sell everybody
 Ask for Big Catalogue Sent free. Independent Plumbing and Heating Supply Co., ll25 enut St Ls
REALLY FLOWERS OF SPEECH
Sayings. Witty and Wise, That Are Worth Being Preserved in
 an Anthology.

Prof. Sir Arthur Cutler Couch. In the course of his lively lectures "On the Art of Reading" gives some examples of Irish peasants sayings with the large simplicity, the cadence the accent of Scriptural speech The best is the benediction bestowed upon one of the two authors of the incom- parable Irish R. M." by an old wonl- an in Skibbereen: Sure ye're always laughing! That ye may laugh in the sight of the glory of heaven :" The writer once thought of making an an thology of such wild flowers of way side speech. He would have included in 1t some far-traveled sayings. such us that of the freighter in the alkaline districts of Alberta. who said. point ing with his whip to an intensely blue lake on the horizon, Bitter as a dy- ing mans sweat is that same water" nnd the perfect definition of ghost implied in the words of Newfound- land fisherman. "There I sees 'en warming themselves in the moon- light"
The spectator., 1921-05-17

feeding, unclean troughs, pails, and swill barrels-all of these things cause much of the trouble in farmers experi- ences, especially in their hog lots"
 In discussing the importance of milk as an essential food both for live stock and people he remarks that while good pasture is very essential in the growth of calves, for veal calves no substitute will take the place of fresh cows milk. Prom my own experi- ence," he states. "I know that no young animal will recover from re- tarded or stunted growth. As child 1 was normal in size and my parents were of strong, sturdy, Scotch stock. When. some years ago, my parents set tied as pioneers in Iowa, meat was luxury, and milk and butter were un- obtainable. at least for the first year. At the end of the year We got COW and chickens, so our living conditions improved" He adds that malaria fol- lowed. and, although he outgrew the effects of the disease. he never gained the physical strength, weight, or de- velopment of bone and muscle" that he should have had My normal weight" he says, has been about 125 pounds, and still my health has been the best since got the shakes Keep your young animals growing"
The spectator., 1921-05-17
Passino the Third Floor Up.

US women are going to vote and so l thought I'd read up on the law" she said Confidentially.
 Yes. ma 'am," eXpectantly.
 Can I look at it?" inquirlngly.
 What department of state, madam, are you looking for?' anXiously.
 'Why, the museum" cOnvineingly.
 Quite so, quite so That really is the place where quite a number of them should be found, but we are so crowded fer space that they still are all up in the law library. Mir. Bailey, take the lady up to the third floor"
 Richard Lieber, director of the de- partment of conservation of Indiana, was the eXpectant anxious and meek person in the story. - Indianapolis News.
The spectator., 1921-05-17
PRODUCTION OF GOOD HORSES
Held to Be Great Need, Says Wayne Oinsmore.

Horse dealers feel that the horse is coming back" According to infor- nation gathered by the Horse Associ- ation of America and transmitted to J. F. Kuehn of university farm, sec retary of the Minnesota Horse Breed now being sold for city use than for many years past. Increased produc- tion of good horses is held to be great need at present. Wayne Dins- more, an authority well known in horse circles, says: You can safely assure the farmers of better market for their surplus animals"
The spectator., 1921-05-17
1ffAdRkk SHOCK.
MILK ESSENTIAL FOR STOCK
While Good Pasture Is Important for Calves NO Saastit.te wal axe
 Place Of Milk.

Prepared by the United States Depart
 msat of Agrieulture3
 You cannot starve a young animal so as to check its growth, and still get good results" This comment by a Missouri farmer on the problem of preventing runtness in live stock Is in accord with the experiences of sev- eral hundred other live stock owners who have contributed their experience to the. United States Department of Agriculture's study of this subject. Starvation he adds. "caused by the robbery of the weak by stronger an imals, improper and unscientific feed ing, indigestion caused by careless
The spectator., 1921-05-17
HIGH SELLS CAUSE OF LOSS
Nebraska Breeder Finds That Little Pigs Are Unable to Follow
 Sows Into Pens.

Many pigs are lost and others are stunted in growth as the result of ex- posture because of high sills In front a Nebraska swine grower fin letter to the United States Department of Agriculture on the cause of runty live stock. He urges that stockmen ex- anime their equipment. and be certain that small pigs are able to follow the sows into the pens. Attention to bal anced rations, sanitation. and pure wa ter are likewise mentioned as meth ods of preventing runts.
The spectator., 1921-05-17
ROOM FOR YOUNGER CRITICS
Duty That Is We'll Worth Performing.

The younger critics, says Haywood Broun, are the lineal descendants of that little child in Anderson's fairy tale who. when the emperor was be- ing made q spectacle of and all the world was being fooled by the sharp tailor, refused to be quiet and cried out. He hasn't got anything on." These young enthusiasts who have no posi- tions to lose and no dignities to live up to go about pointing to all our literary emperors and calling attention to the scantiness of their .attire of greatness, and refuse to he silenced hy their scandalized or terrified elders. Good sense bids us welcome their hon. est gaze at even the SacroSanct per sons. IL can't hurt anything really fine. and it's about time we came out of some of our illusions. William AL len White sized 1t up about right from the conservative point of view when he said in praising Main Street.: "Of course, I'm on the other side of the street myself. but that's just the req son why l like this book. It gives us fellows something to answer"
 About 70 periodicals printed in Es-
The spectator., 1921-05-17
ASPIRIN Name "Bayer" on Genuine

Beware! Unless you see the name "Bayer" on package or on tablets you are not getting genuine Aspirin pre- Scribed by physicians for twenty-one years and proved safe by millions. Take Aspirin only as told in the Bayer package for Colds. Headache. Neural sia, Rheumatism, Earache, Toothache, Lumbago, and for Pain Handy tin boxes of twelve Bayer Tablets of As pirin cost few cents Druggists also sell larger packages. Aspirin is the trade mark of Bayer Manufacture of Monoaceticacidester of Salicylicacid. Adv.
The spectator., 1921-05-17
KEEPING HARNESS IN REPAIR
Neglect Results In Injury That lessens Ourability-Sew With
 Strong Linen Thread.

Neglect of harness results in injury that greatly lessens it's durability. The sewing, which should have been done with strong waxed linen thread, must be kept in good condition. All buckles should remain solidly in place. It is advisable to wash and oil harness frequently.
The spectator., 1921-05-17
BENEFIT OF STABLE MANURE
It Should Be Balanced With Acid Phosphate, Which Is Com
 paratively Inexpensive.

Manure contains humus in plenty and all the necessary plant materials, as we'll as bacteria which put these materials into the most usable shape for crops. To get the full benefit of stable manure, however, 1t should be balanced with acid phosphate, which is comparatively inexpensive.
The spectator., 1921-05-17
Catarrh
Catarrh ia a local diseasa rreatlv int

Gatarrh is local disease greatly infiu- eneed by constitutional conditions HALLS CATARRH MEDICINE is a Tonic and Blood Purifier By cleansing the blood and building up the System, HALLS CATARRH MEDICINE restores normal conditions and allows Nature to do it's work
 All Druggists, Circulars free.
 F. J. Cheney X Co, Toledo. Ohio.
The spectator., 1921-05-17
IyY,0oyfaut to Mothers
Decorative SpIendors.

Riches have wings
 True" replied Miss Cayenne. But the effect depends on the intelligence with which they are utilized. The most beautiful ostrich feather is like 1y to look a triho shabby on the orig inal bird. <,
The spectator., 1921-05-17

The Swiss people were the first to date their coinage.
The spectator., 1921-05-17

Medical science is unable to explain the cause of warts.