davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-11-27

At left: Philippe Millot,
Premier Brands chauffeur
while in w a h ington.
might be termed an Inter
national chauffeur" He has
driven for all the crowned
heads of Europe and for
former President Diaz of
Mexico.
National photo.
New-York tribune., 1921-10-26
Steel Corporation
Quarterly Earning
81
Above Expectations
Deficit Causes No Surprise,
but Nearness OF Preferred
Requirements Es Pleasing L /;
Behind for Nine Months

Net earnings Of the United States
Steel Corporation for the three months
ended September SO last amounted to
SlS,9lS,05S, q total larger than had
been expected in the financial district
IN view of the extreme depression in
the iron and steel industry during july
ana the early part of August The net
revenues for the September quarter,
which were arrived at after deductine
operating expenses, taxes and interest
on bonds of the subsidiary companies.
were made public after Yesterdays
meeting OF the board OF directors, which
declared the regular quarterly dividend
on q per cent on the common stock,
IN addition to the usual disbursement
OF IN per cent on the preferred.
The usual dividends were maintained
despite the fact that the surplus after
all prior charges failed to meet the re-
quirements by $5,693,196 In other
words, the company drew on it's accum-
ulated surplus to that extent to meet
the Sl2,66S,7Oo distribution to both
classes of stockh elders. The surplus
available for dividends was S1,360,281..
equal to $1.58 share on the $3.50, ,28l, :
io0 preferred stock outstanding. The
dividend requirement on this issue for
the quarter was S6,304,919, or SITE a
share.
The fact that the Steel Corporation
showed substantial deficit after divj-
lends caused no surprise in the trade
or In financial circles. The only ele-
ment OF surprise lay in the fact that
.i the deficlt was not larger. Some of
the previous estimates of the Septem-
Der quarters net earnings placed them
as low as $10,000,000, which would not
have been sufficient to meet deprecIa-
t1on, sinking fund and interest REQUIRE
ments on United States Steel CORPORA
tion bonds.
The net earnings for the September
quarter compared with 21,892,Ols for
the preceding quarter S92 1885, ,722 for
the three months ended March 81 and
s48,051 $40 for the September, 1920
quarter. The net for the last quarter
compared in detail with those Of the
1870 corresponding period sas follows:
Ne, earnings. slssis'o5s ''So s4s.sSl ls51 $40
Int taaa and premiums sss5ss 'Ss7ssss
sfsnts Deficit after divI. ''0SS' l'S S0'S2s'sss
dends ....,...... s,ss5,5o4 'l7.sss.9ss
'surplus,
A favorable feature of the three
months report was shown in the fact
that earnings for each month were on
an ascending scale For July they
totaled S5,157,395; August, $6,502, ,976,
and for September, S7257,6e7
Based on the quarterly reports thus
far issued by the Steel Corporation
during the current year the surplus
for the nine months was $2a 1888,
equal TO $3.50 a share en- the common
stock after providing for preferred divi-
dends. In the corresponding period of
1920 the company earned $12.60 a share
for the Junior stock issue.
New-York tribune., 1921-10-26
Legal Teclanicalities
May Delay Phila. Loal,
Banking Houses Hear That
Some Of Requirements on FL
nancing Have Not Been Met

Legal technicalitics may cause q
postponement to a later date of the
advertised offering of City of Phila-
delphia S12,659 500 5M per cent loan
bonds scheduled to take place at noon
to-day, it was learned yesterday. Ger
tain Wall Street banking houses which
were preparing to submit bids on the
issue have been advised by their legal
departments, it is understood, that
certain legal requirements under the
lays of Pennsylvania have not been
complied with by the Philadelphia
municipal authorities. Under the act
regulating public sales of securities
IN Pennsylvania it is necessary for
such offerings to be advertised twenty
one days IN advance Of the sale in
three daily newspapers and three
times in a weekly publication known
as The Legal Intelligencer. In the
case of the Philadelphia financing the
city authorities neglected to advertise
in the last named publication.
In view of the technical difficulty
an effort was made yesterday to have
J. Hampton Moore, Mayor Of the city.
postpone the sale. it was stated
or his behalf, however, that no de-
cision would be made until noon to-
day, the time set for the Offering of
the bonds.
The loan consists of ss,804. 900
twenty to fifty year 5A per cent reg
istered and coupon bonds, due October
26, 1871, with the option of TIE city
to redeem at par and accrued interest
at the expiration of twenty years
from the date OF issue, or at any in
terest date thereafter upon sixty days
notice, and $3,855,80o fifteen-year 5h4 $,
due October 26, 1885.
New-York tribune., 1921-10-26
Central Leather
Loss Is ST. $40. 083

deficit, after charges and taxes, Of
81 540.0s3 is reported by the Central
Leather Company for the quarter
ended September 30 This compares
with deficit of s6,264,la2 in the pre-
cedine quarter AMI 1856 c22 in the
corresponding period of 1920. Profit
and loss deficit as Of September SC
amounted to S7,580,979, against
$6O40,S96 on June 80.
Deficit for the nine months ended
September 80, after tsxes and charges,
was Sill 75b 854, compared with deficit
of $9,324,8S4 in the corresponding
period of TIE preceding year. Loss
after inventory adjustment aud gem
eral expenses, etc, amounted to
$10,515, $50, against S9,323 281.
New-York tribune., 1921-10-26
A Speculative Copper Stock

Question: shall very much appreciate
Gonpsq ths Is the
a sound corporation? Are it's otficers, es-
pecially Mr.; Prout Its engineer. men able
In successful manner? In short. would
Hike to know whether or not I am taking a
big chance in purchasing the stock of this
company? Until find this out 1 do
not want to recommend this stock to any
of my friends.-R. n. f.
Answer-You are taking a big
chance, in our opinion, in buying the
stock of a small and unknown copper
company at any time and especially
just now, when the long established
concerns are practically all shut down,
because they cannot produce at profit
at the present market price of copper.
A Widows Mite
Question--Wish to invest the sum of
50 500 In bonds of highest grade to yield
the largest return In interest with the
greatest amount of safety, and would well
come your advice, as the above sum rep
resents all the money belonging to my
widowed sfster.--F. l..
Answer-In the case you present to
us, absolute safety of principal would
seem to be of paramount Importance
and yield entirely secondary. The Diff
ference between and 7 per cent on
$2500 is only matter of $1250 yearly
income, while loss of the amount Of
principal represented by even one $500
bond would be very serious matter.
With safety in mind, then, we make
the following suggestions: $1,000
Atchison, Topeka & Santa Fe general
as. 1896, yielding at current prices
about 5.22 per cent; $1,000 Kansas City
Southern first IS, 1850, yielding at cur
rent market prices sos per cent to
maturity; $1,000 Northwestern Bell
Telephone first mortgage rs, 1941,
yielding at current prices about $50.
New-York tribune., 1921-10-26
Increase In Maintenance
Fails TO Show ON Pennss

me September earnings statement Of
the Pennsylvania Railroad failed to re
veal the increase in maintenance ex-
penses that was TO be expected In view
OF recent statements Of executives that
maintenance would be started up arain
IN that month. The total maintensnc
charges amounted TO $l5,66s ,379. a de-
crease of sS,03S, ,4S6 compared with Sen
tember year ago.
Gross revenues for Septerhrv
amounted to s4I.793,17s, a falling on
OF $l6,727,9i7, but decrease in operst-
ing expenses amounting to s17.S07 $50
enabled the road to report an Increase
o. 9o4f.559 IN net operating income.
'..;.l womlparIson ar IN the following table IL
New-York tribune., 1921-10-26
CHASE SECURITIES CORPORATION.
New York. September ssth, 1874.

New York. September 2sth, 1874.
10 THE sTCCKHOLDERs:
Nsss,iice NMotice is hereby given that a Special
sseur.ss sns OF the Stockholders OF Chase
once fnities ~ corporation will be held at its
sat,s ae 81 Broad way, Borough of Man
yorr ylah, CITY of New York. State Of New
Il ~ ~. on !. no lst day of November, 1921.
slaer - CLOCK In the afternoon. to con-
frnra and vote upon proposals to increase
shars. iSo.eoo to 100000 the number of
which -, without nominal or par value,
.he a, sne said Corporation may issue and
"a aa,nmopnt OF its stated capital from
arnsssv'VOQ to 100000 900: the conditions
siiee,vsw e which such increase shall become
terms the consideration Tor and the
authc-,and ana conditions under which, II
shsu sazedi said new or additional shares
of su.S pe issued; ana for the transaction
come otner business as may properly
o'oer OF the Board OF Directors
uAre,- 70. f. TINKER. President
EAD G. FREEMAN. Secretary.
New-York tribune., 1921-10-26
Days Dealings i'm Bonds
The Market

Somewhat irregular tendencies de-
velopcd IN the bond market YESTERDAY
uuited States Liberty Loan issues
sagged off, while Mexican government
bonds declined on the reports that no
agreement was reached at the recent
conferences at Mexico between Thomas
W. Lamont and Representatives. OF the
Ohregon government with regard to a
refunding operation. The Mexican IS
dropped below 30, whereas month
ago they were quoted close to so. Rail
and industrial issues showed only
slight changes.
New-York tribune., 1921-10-26
price to yield slightly more than s per
cent.

No award was made yesterday on the
offering of s1,5oo,00o State of Oregon
bonds, although numerous bids were
received. The issue consisted Of a set
up of S1,500,o00 four-and a-half-year
Gs, with the alternative of $500 coo
serial 51As, due 1927 to 194e. The
Chase Securities Corporation was the
high bidder on the 6s at i02.078, while
a syndicate consisting of Stacy &
Hraun, kissel, Kinnicutt & Co, Ell
dredge & Co. and associates was high
on the serial 8 rs at 1881.
New-York tribune., 1921-10-26
'hx METROPOLITAN NATIONAL BANK
oF THE CITY OFF NEW YORK.
New York ssn,s,,

m new York. September 29th, 1921.
= THE STOCKHOLDERS:
Me.,,,aee Is hereby given that Special
viii he ot the Shareholders OF the Bank
snS snsSSasaway s,say Borough of Manhattan CIV
Noyenssee OF New York. on the lst day Of
noon onPerl Of fba, ISL at 10 o'clock in the fore
5ynr anS ma Day, for the purpose of rati-
board SEQ ns ss upon by a majority OF the
Bank of 81 directors of The Chase National
na3ortty o one CITY of New York and by a
Bank ~ " tne board of directors OF this
ass assoc,.s 20 consolidate the said two banking
charter ~ INTO INTO one association under the
The civ o. The Chase National Bank of
action or y, s New York: and for the trans
r. eoine before the meeting.
o'aer OF the Board of Directors.
FRANK w. FRAzEE, Cashier.
New-York tribune., 1921-10-26
Days Neso Issues

Blair & Co. Inc, the Cleveland Trust
Company, Kissel, Kinnicutt & Co. and
Otis 6 Co. have purchased an issue of
$4,000 600 Central Steel Company first
mortgage 8 per cent non-callable
iwenty-year bonds. A sinking fucd ar-
.rgemant provides for the purchase Of
the bonds in Che market up to I07zs
Public offering Ia being made at a
New-York tribune., 1921-10-26
Primary Cot,ons More Active

The primary cotton goods market was
more active yesterday. with converters
making sizable purchases of print cloths.
me standard $3.50, SSls inch print
eloth SOLD mere freely at 9h ceats
yard, although some goods in seeond
hsnd were sold at 9 * cents. Shectirps
did not share in the revival of ACTIVITY
10 the extent that print cloths did.
New-York tribune., 1921-10-26
Houston OIL Earnings

For the three months ended Septem-
Der 80, the Houston Oil Company re-
ported net earnings, after expenses and
taxes. but before depreciation and de-
pletion, of S363,258. Gross earnings
from oil sales totaled SAIL 718, ard mis-
cellaneous earnings $1o9 954. Operat-
ing and general expenses including taxes
were $15841A
New-York tribune., 1921-10-26
Standard Gas Earnings

For the twelve months ended August
81, the Standard Gas and Electric Com
pany and subsidiary companies reported
net earnings of s1l,743,o4l, compared
with sl0,907,873 in the corresponding
resaod year ago. Gross earnings were
S33,359,6 ,697, against $28 858,907. Gross
revenue amounted to $34,734, ,254, against
S30,297,819.
New-York tribune., 1921-10-26
Ontario \ Western

,nss sSspesyy.on.-win $40 you answer the follow.
g. y Western nrst refunding Is, due iess
s~r s''Is ,hs around 81. good Investment; bet.
- .ta .Htn q pusiness mans Investment? Is
mns,,srn cnv,e general 4s due 1856? 30 YOU
ss"ssuer ss i, Erie prior lien frst consolidated
sm,,oa ns, mus 1925 selling around 64,s, good
,nvestment7 Winch is the best invest
'"en' OF the three bonds?--H. S. c.
Answer--We regard New York, On.
tarlo d Western first and refundina
rs, due in 1892, as fairly well-secured
cono' somewhat better than we gener.
ally designate as business mans in.
vestment. 1t is better than the general
as on the same company, due in 1858
wn;en M we should rate as slightly in.
dated 4s, due in 1896. S =
New-York tribune., 1921-10-26
FINANCIAL MEETINGS
THE CHASE NATIONAL BANK
OF THE CITY OF NEW YORK.
New York. September 2sth, 1871
40 THE STOCKHOIDERs.

10 THE STOCKHOLDERS:
-, Notice is hereby given that Special
aseung OF the Stockholders of the Bank
sIi be held at it's Banking Rooms at 81
broadway, Borough OF Manhattan, City Of
ss' ss" YORK, State of New York. on the 1st
70. 10y 81 o. November. 1921. at ~ o'clock noon,
,or the purpose OF. ratifying and confirm
ing sns the terms and conditions agreed upon
~ y majority Of the board of directors OF
me tae metropolitan National Bank of the
shsy sy OF New York and by majority Of
sa .as BOARD Of directors OF this Bank to
s,,unsoidate ,,andate the said two banking associa-
~ s.vns INTO one association under tMe char
~, ~ OF The Chase National Bank of the
f,s f,Nss ., New York; and for the transact
srn s,Jr M oi such other business as may prop
''iy come before the meeting.
'y order of the Board of Directors.
w. p. HOLLY, Cashier.
New-York tribune., 1921-10-26
Investment
Information

Waesf'cns Of general snteres, 10 IN.
ussaoss sesit oe oHssoere8 In fh,s col
,'mh ~ 'chsch case only sa;tiois MN
ve nsea' Others will ba aas,oeyea bu
ga" Address eli smgaiyies. incios.
sAe a etampcd, addressed eaveioyo. IN
>.s0'sesul EdsSor. Tht Tyib,tae. t5l
NASSAU street. Neso York Citp.
New-York tribune., 1921-10-26
sRREsSSIAI. Rs Oh srocKHoLpnRs. MEErINo

BANI31 = =, STOCKHoLDERs' MEETING
s,asssse, viii be specia, mee,Sns ~ -.
Heixhfs as 8 or the Bank OF Washinvton
YEN Ayen,u..n q, the Banking House. 1si5 Amster.
sssal for the' a., az 10 .3o A. M November Q,
hundred 'adSSrease dSnase the capital stock from one
cellars thousand to two hundred thousand
Signed.
Lewis e, nSHArGHNEssY, vice-prea
- Toeih. Cashier and Secret~xy.
New-York tribune., 1921-10-26
Bid and Asked

Following arc the closing bid and
tsked quotations Of stocks listed on tn.
Stock Exchange IN which there we're
GO t,.r N Go c+i INC ,-astp rfts
New-York tribune., 1921-10-26
To figure the pr

To figure the precise yfe,d on a bond Il
annToxinaate yield can roughly be figlred
out by the following formula, Divide the
cioang quotation on a hond into she rate
the annual return. If the bond fs selling
below par you muat allow also for thu
appreciation OF the PRINCIPAL. TO do this
suotract the market quotation from par,
or 100, and divide the remainder by inc
number OF years the bond has to run be
zero maturity. For exafnplc. Il 6 per
cent bond is selling at go and has ten
years TO run, the annual return viii be
of interest 1t pays. and the result viii be
Gov per cent. The difference between pay
ana the market price Will be 10 points
subtractiig go IRON 100. Dividing ten
neii J1'1l Is tea years the quotsnt will be /.
IN the annual return. and the result. T.es
per cent, will give you the approximate
New-York tribune., 1921-10-26
INVESTMENT SERVICE

Hartman Company expanded their Investment
Department the establishment Bureau Service and
Inomaio designed today conditions Of readjumen
The Bureau of and Information without
charge whatsoever the custody safekeepng
the collection of dividends and
ageeaby Of the Tax with
tance OF proceeds to bank
Clients notice of all special advces received from the
corporations, radical change market values
such periodic information keeps them touch with
ditons special general
revision of holdings periods purchase
securities; suggestions for envesm
Hartman and Company will be pleased inquiries
to meet prospective clients responsible introduction
E1A1REnnAN g COMPANY
Members Of New Stock EXCHANGE
BROADWAY, NEW YORK
Telophns Rec
Park Avenue The Commo
Sherry yaEnan
New-York tribune., 1921-10-26

-Four full columns OF in-
restnsent questions and an
sscers are published sa The
Tribune euery Sunday
The Home news., 1921-02-18
BRINKLEY NEWS FROM THE MONROE COUNTY 2
 CITIZEN.

Miss Doris Shults had as her guest Sunday, Amzy Caldwell of Little Rock.
 Clara Mae Eason spent the weekend in McCrory, visiting Thelma Phillips.
 Nash Jones visited in Me Crory Sunday. He reported a very good time, even if he didn't get to see the main person.
 Dr. U. s. Monroe of Hunter, was in Brinkley Wednesday.
 MT. and Mrs. J. F. Dyson and little daughter, Christina, of Cotton Plant, were in Brink ley Wednesday.
 Mrs. T. c. Simmons enter- tained her Sunday School class Monday night with a Valentine party. Every one reported a good time.
 Billy Cooper, who left here a IeW mOnCnS ago TOT IuScOn, Arizona, returned Tuesday to look after business matters. He is looking we'll, and has gained several pounds in weight since going there.
 MT. Frank P. Keel who lives up the Cache river from Bras field, was here Saturday on his way to Cotton Plant to look after business matters. Mir. Keel purchased farm in the fertile river bottom a few years ago, and is improving it,
 MT. Carter Clancy, who had been employed in a bank at El Dorado, has returned to Brinkley.
The Home news., 1921-02-18

New spring dresses now on display. Planters Mere. Go. Adv. 1tc.
 Just received Mccall pat terms for April. Planters Mere. Go. Adv. 1tc.
 Messrs H. D. Angus, Tom Jefries and M. K. Wherry spent Sunday in Wynne.
 Come in and get a new Nc Call fashion plate, free. Planters Mere. Go. Adv. 1tc.
 Messrs c. P. Best and M. K. Wherry visited friends CD in Augusta Wednesday night.
 MT. J. L. Stair of Alta mont, H., was here this week looking after his land in terests.
 Mrs. M. D. Thompson re turned to her home in Mem phis Friday after a visit to the home of her son, Vance.
The Home news., 1921-02-18
INCOME TAX

The following statement has been issued by Collector of Internal Revenue Jack Walker:
 Copies of the Income Tax Primer, recently issued by the Bureau of Internal Revenue, which contains questions and answers relative to the filing of income tax returns, are now available at the office of Collector of Internal Revenue, Little Rock, Arkansas. Copies may be obtained only through collectors offices, and are not being mailed from Washington
The Home news., 1921-02-18
Born: Wednesday, Feb. 16, 1921, to MT. and Mrs. Harold Holder, a baby girl, weighing 31A pounds.

Born: To MT. and Mrs. J. G. Mangrum, Wednesday, February, 16, 1921, a girl. Mrs. Mangrum will be remem- -hered as Miss Dove Crossett.
 Mrs. Mary Stone of Mem phis arrived Tuesday and was the guest of her sister, Mrs. Dora Ellington until today, Friday, when she returned home.
 MT. and Mrs. J. T. Campbell and children moved to Little Rock Monday. MT. Campbell has been in charge of the Pharr Lumber Com pany's mill north of town and is succeeded by MT: A. C.. Rose of Jackson, Miss.
The Home news., 1921-02-18

Mrs. V. E. Huff is spending the weekend in Harrisburg the guest of her sister, Mrs. $. T. Mayo.
 Mrs. o E. Jeffries and Miss Frieda Williams went to Memphis Thursday to hear Alma Gluck.
 MT. and Mrs. E. T. Wisner visited friends and relatives in Little Rock from Saturday til Wednesday.
The Home news., 1921-02-18
EATING YOUR CAKE

You are no doubt familiar with the old saying: "You can't have your cake and eat 1t, too."
 We say you can. The man who invented interest solved that problem. Money in a savings account, money at interest, remains yours, yet earns more money for you right along Money spent, is like eating the cake. Money on deposit in reliable Bank, like ours, grows so that you have it's earnings to spend and do not need to spend the principal.
 BANK OF McCRoRY, McCRoRY, ARK.
 ''Safe and Strong''
The Home news., 1921-02-18
OUR ANTICIPATION MEANS LOWER
 COST TO YOU

We secured our present stocks on the low market and are giving our customers the ad- vantage of our gain on the market without taking replacement value into consideration.
 Anticipation on your part will save you money. We will have to increase our prices when we buy new stocks.
The Home news., 1921-02-18
GENERAL DIRECTORY
Courts-Northern District

CIRCUIT COURT-Third Monday in February and August.
 CHANCERY COURT-Second Mon day in January, May and ember
 COUNTY COURT--First Monday in January AprA July and October.
 PROBATE COURT-Fourth Monday in January, April, July and October.
 Courts-Southern District
 CIRCUIT COURT-First Monday in March and September
 CHANCERY COURT-Third Monday in January, May and -.ember.
 COUNTY COURT-Second Monday in January, April. July and October.
 PROBATE COURT-First Monday following that of the Northern Dls-
The Home news., 1921-02-18
Courts-Southern District
District and Co. Officials

Circuit Judge......J. M. Jackson Pros.Atty. ........John E. Miller ChanceryJudge AL. Hutchins
 State Senator, ..........Ed Roddy
 Representative E. w. Chaney Sheriff and Col, w. N. Wilkes County Judge ----E. M. Carl-Lee County Clerk Roy Mitchell Circuit Clerk, e....Geo. .Haralson Treasurer --E. E. Blaylock Surveyor, ..............Alex Bellis Assessor, .......... Chas. Jackson Sup't Schools -J. T. Caughley
The Home news., 1921-02-18

~ Below are Some of Our Present Prices No Boxing, Flooring and Ceiling, per M $50. Mo- Boxing, Flooring, Ceiling and Ship Lap, per M, p.ee' No3 Boxing Flooring and Ship Lap per M $3O. Red Cedar Shingles, per square ------------$5. Cornell Board, per M, ,-----------------------$5O. 2-ply Baretts Roll Roofing, per roll, -$2.5O Ably Barretts Slate Roofing, per roll, ------$4: Cement per sack Linseed Oil per gallon, $175 Turpentine, per gallon, ---------------------$1.75 SPECIAL-A few squares of Economy Shingles at per M M---------------------------- $2.5O
 All kinds of Doors Windows and Building material at prices just reasonable as these NOW IS THE TIME TO BUILD AND MAKE
 REPAIRS LET US SHOW YOU.
 THE ARKMO LUMBER COMPANY
 J. F. RIPLEY, Manager