davidaulloa/AmericanStories huggingface dataset:
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-08-11

Any candidate who may stir up dissatisfaction among the
candidates is subject to being dropped at once.
In case of @ identical prizes will be awarded those W
ing. , c.. ,r,,oner shou bave the
final decision. +h
The candidate polling the highest vote Will pe e
1904 Chevrolet Touring Carr the highest VOTE $29b
Edison Talking Machine; the third highest vcte the 5 Gruen
three prizes are s @ as e Jea1a from Tine
to time under conditions named at the time Of Offer
Any active candidate competing to the end Of the contes
and falling to win the three grand prizes or any OF the
special cash prze and who turns in at least $5 in cash SUD
scrpon business will be given 10 per cent in cash on an te
competing to the end specifically one who turns IN
at least three (3) yearly subscriptions their equivalent
during each week Of the last three weeks Of the contest
The final court and awarding Of the prizes will be made
of committee Medina county business men, and their md
ings shall be final. Ill.
Candidates in entering this campaign agree TO abide by
these rules herein FORTH and such additional rulings as
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Will snli. $4,000 Fopr Was

QUESTION! have $4,000 which T wish 70
lnN.ss, particularly in four separats kan6s
desire fret gilt edged security. as EAR =
sHord 20 take any chances and secondly a
,@a1lmum rsts OF interest, as 1 need 1ha
.ntons Fleass advise me of list Of fou-
o!nersnt foreign government securities (ff
you think them sseure) aaa four Areri-
investments as safe as American at this
mas that ts, government bonds Are (
per cent and per cent bonds secure, IF
So "a ike to invest in them for tie saks
OF the returns--M II. NJ c.
Answer-We think that msnv. hut
not ell. foreign COVE rnment bonds are
good investment. They have hirh
yleid At present. We suggest govern.
nent of Switzerland SIS, dus 1870.
Kingdom Of Norway S., due 1870,
klrgdcna of Sweden per cent. due
1883; selling at price to Weld about
30 per cent if held till matu .sr and
hlngdom ct Denmark IS, due lAli We
THINK these as safe as good Ai.,n,iean
investments, and think that the raason
you can get higher yield is bseause
Am sracans are not used TO. nak;ne in
vestnents in foreign countries. Nsrth-
western Bell Telephone a.. due 1871.
Northern States Power, lst IS. d1e
lsA; Northern Paciac-Great Northern
eos, due 1855, and Pacific Gas and
Electric general and refund!ne IS. due
1912, are four safe American invest
naerats, we think.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Investing for Boys Education

Nuestion-During the last year I have
hssn bic Ser to put ny sayngs to the FOL-
comments on thela az to their. suita bility
for my pSrpese a2a als9 az aSy chances yqp
eeat 5ass cost *. s. GoA 81 go Nofthe er
Ohio Traction and 1.ts:t. COMPANY. six
$1,000 Westinghouse Electric ane Manu-
81 $50 e,y & oss ?. per ssnt
cent. ls3s oast sa44s si'ooo Penss ~
var .oao r9wsg aae & ss5
cest ss75T $1,000 arsat Sorthsrn pc PEI ),
e s.,t:. ln's eoss So 50 n aaaitien to ths
$1,000 IN Victory notes. ard have twenty
pAyn,ent life insurance policies. wash win
od S'a n y H. S So6 ~ 900 and IN s,5 i9ss
government insurance converted 1910
IL me nay as ns TWO Boys are able to
pendent on the income from the above
bonds. but want TO provide for the educa.
s 10 q, u our boys ARD havs ,en.sth.ag Tor
viii! recognize as having heer reco m "A, end
e1 n your columns and they would have
vice to be found there before making nay
earlier purchases--N. F. r.
Answer--All of your investn, ents, in
our opinion, are suitable for your pur-
poses, with the possible exception of
the Chicago, Milwaukee & St. Paul.
This bond is junior to S177,3To,0oo
prior liens. Although we think the Chi
cago, Milwaukee & St Paul will over
come its present difficulties, this is
matter of opinion, based on our hopes
and expectations for the railroad situa-
tion, and it might be safer to sell
at the present price lit was recently
quoted at 641e) and to buy a Chicago
Union Station az per csnt, due 1863,
recently quoted at 102. This bond is
guaranteed severally and jointly by the
Chicago, Burlington & Quincy; the
Pittsburgh, Chicago & St Louis; the
nnsylvania and the Chicago, Mllwau-
able that all four of these roads could
default.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
VIII Replace $4,000 Liberties Sold

Cuestion-Having disposed OF $4,000 par
value first Liberty Loan sAs. would you
advise purchase 81 any ot the following
Packard IS OF 1891. Cleveland cinainnaii
Chicago g. St Louis avs OF 1881 clsve-
land. Cincinnati chiea go 4 81. Louis Ga
ITstunaing. Baltimore = Ohio IS q 1919,
Wilson < Cos IS OF lesl. New York Cen.
trail debentuse SIS or 1885 81 1850 W p
Answer--lt is rather a long Jun, n
from Liberties to Packard S.. We
would not advise investments in the
motor car securities undo. present
conditions. neither would Ws recon
mend Baltimore Il Ohio SIS IF l3a9
The Wilson & Co. SIS. due 1871. are. ia
our opinion. good business mas in
vestment, but partake of the speculA
tive nature of tbs packing business 10
some extent, although with large
company like wilson & Co the risk
ean be pretty we'll spread. The cleve-
land, Cincinnati, Chicago G. st. Louis
i rs and SIS are secured by the san,e
mortgage, junior mortgage. The
road has hesn doing particularly well
for the last five or six years and has
been greatly improved in physical can-
dition. We Consider the bonds ia he
reasonably safe investment with 4
high yield.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Widow Anxious to Invest Wisely

Question--After the settlement Of my
spass i . ss,sss haxs sssn tsyag
Perforated ia value and buy othesa Of pre-
snt ana future gain to me s,nanot GER
II pc wise for me 70 sell Their, and buy
for = possible rise ia valuss- Chicago
4 Alton, hve shares common stock, HoeK-
ms Valley. Ave shares common stock Ex-
elusive OF th.se have small income
invest the money sarn wisely. Thsre ID
~ one depsnaeat nnon me. Tour oolumn
"a nar.sdga y NJ psan e seek your holp
Answsr--Ws would advise you to sell
both your Chicago & Alton common
stock and your Hooking Valley com
mon stock. The Chicago & Alton ia
unlikely to pay any dividends and ia.
therefore, worthless. as far as bring
ing - lnconae is concerned. The Hook
lnE Valley is dependent for dividend
psyments on earnings, and you would
De WISER, we think, to invest in securi.
ties which are not~dependent on tam
pof3ry nuctuations in earnings for IN
teSesr payments. In other words. we
would advise aither bonds or the nra-
ferred stock Of the strongest COM
panies Chicagos& Alton stock is sell
ing for only about 81 or IS S1oo
STARE. Hooking Valley has recently
besn selling at 81 bid, With no asked
price It You can afford to take things
siowly you could probably get q higher
price than this. You could but Il il
the hands Of a broker TO sell al a eAr-
tain price, and while the market pr,cs
il low and you might have to wait for
some little time before customer was
found, it would probably be the best
way 10 sell the stock. 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Holds a Poor List

ousstion--Eseins constant reader OF
your papsr and one who has proAted tror,
your adviee l would like your opinion on
ne 1oliowing stoess; American saip ana
,sntie And Pena seaboarl Steel I also
nave 8 $50 shares ct Denver 4 Rio e-ande
EaHway preferred. DO you think / had
better hold on TO them, as cannot get
n it,. oy selling Is there any possbil-
ny, ,. IN the NJ " All-weather Train Can
isel,sr This company was iaeorpor ated
- -. AL The capitalization is s2o 900 cor
ST. all common stock--B McE.
Answer-Both Atlanta, Birmingham
9 Atlantic and the Denver & Rio
Grande are in the hands of receivers.
ana saelr stock has comparatively little
valne. IN either case it might be worth
while holding on until the final reor-
SANITATION plans have been decided
upon. and then you can make 10 your
nsind as to whether you want to paw
IN the. ssessn1ent and come in or STAY out
lhe Twain Controller stock is hirhlv
speculative. ia our opinion.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
and AZ Per Cents Selling Around 30

ouestioa-I have $4,000 in Liberty bonds
:, Wish 70 sell them aaa invest in bonds
His!o!as FROM to "a per cent at 40 or
t .saeFi SAFE as to principal aad interest
: 80, may ao!d as an Investment with
view to rise when money gets sack 70
sieer!ng New York City 4 per cent bonds
OF 1877, new selling at 70. Womb thanis
you Tor list Of such bonds.-(s. i. & =
Answer--If you ars subject to thu
income tax, we think that New Yorx
City as, due 1857, are high grade
investment Recently they sold at so,
It you are not suhjec. to income taxes
we Think that taxable low coupon rates
socn as are given IN the accom- panving
INST have sufficient degree Of safetv
and are selling at little lower prjc :
than the naunieipals, because Of the
tax feature: Chicago & Northwe
extension IS, due 1926, recently seliing
at 500; Chicago & Northwestern zen
sral IS, due 1887, recently sellinr at
% ~ Cleveland, Cincinnati, Chicaro &
~, louis genera As, dus 1888, recently
ssssllfng at 81, New York Central Lake
Shore collateral 3Ms, due 1855 re-
Gently selling at 81, Norfolk & Wss4-
ern Consolidated As, recently sslline AZ
72A Southern PaciAc-Central pasifc
eollateyal As, due 1919, recently selling
Ut So; New York Dock frst a., due
1921, recently selling at e7l4, and
.lllnols Steel deberture AIS. due 1910.
recently selling at rs, meet tina re-
GulrsneNS you lay down,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Investing $4,000 Yearly Savings

Question: your Judgment upon my
practicing City expect approx
matey $4,000 had invested all home etc. until
April 1920 when commenced to buy bonds
know little about financial Investments but desire advice
on the soundpess Of the following plan:
l. opened usdanshp account large New York bank and they
attend to my bondsclp and mal checks charging
savings by making
initial deposit $50 cent interest To this ount have added
stands as m NY plan to use this per cent savings feeder
savings sloo than shall withdraw $1,000 for
the purchase Of good bond intend make this
il Ave policies $4,000 all being
object was to have the ,axuus proteetn t h ys MY MY
time when had not yet Accumulated nsos a cost during the
out this $4,000 in Ave policies
period date plan originally contemplated and
which allows for monthly bond
have sss s 9' ono month"; when could only save s0' now
with the bank which carries my custodian
death major disability. moneys received from nur
nee be aagamated with funds corpu
Of my estate and that department bank
pay in monthly n.ma to my widow widow M~sSsr % h
ms shall for fall below ss may
exceed $1,000 Year. sum 4''" inc corpus Of the estate
other attempted formulate plan which living or
dead will give complete hedge Of wacAfne my
Ny holdings Electric per cent ls41
$500 Westinghouse Electric Manufacturing Company per cent 1881 $500
$500 Packard Motor per a 1881 3 eo1ssn
msn Of Switzerland S. M $500 cuan-Amern
pery bonds $1,000
hased); $500 cent Vacuum
vi per cent and $500 California Oregon
n a appreciate your comment on my plan and list shall
'u0 eouaas OIL w.
AnswerYou plan needs little presentation
thoroughly sound and opinion we'll thought skuy
pu' effect We
vors though
our
your case switch
n Facd IS or the CubanAeican
purchase present because industry
the business. ' $3.50"
We stop buying $500 bonds and begin to accumulate
pow payment down
mon you would Five hundred dollar
as slooo which New
Exchange. - 80 ~ N0-A '0oeA
40 not think you life saving
ooooo you carry plus $3.50
comparison Tor your
NE insurance leave
whereas usually
which will producing income " 'N''"'ss
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10

s us a.. -sSs ESs s S s.ssY srk s ass
$4,000 wtta!n . rev dsys. | mn weaaerinx
Ft II sos an'sfY e 'sa sss' .ss..s
Asamserican Tobacco preferred at aeonr
d sspo g psffssn writ.nE Eor he remain
fssfed too hazardogsr ought to be
wiling to take d business mans risk
suppose, although NOT snueh Of a. business
aea fa stands serIse s Il ' sahss t sha
American Telephone and telegraph, both
n ma, the same CHARACTER q stoeks-i. q.
little Or no taraed deetp Also Il II illor.
leal to regard the better class OF preferred
;stioGS as practically a. dependable az the
hidden fse BY local taxation Needless TO
say, read your column closely ana esteem,
your coIase highly---J. J. T.. Texas.
The United Fruit Company was in
corpcrated IN 1899 to carry on tropi-
cal fruit, sugar and Steamship business,
and Tor years has paid 8 per cent divi-
dends, 10 per cent having been the
rate in 1919 and 1920. A 100 per cent
dividend in stock was paid last jan
uary, but the company recently re-
ported that it has earned the per cent
race on the doubled capitalization in
the first FIVE months of 1921. We Aink,
however, that it is unwise to rate the
stock above that Of Am erican Iele-
phone and Telegraph, because, among
other things, the telephone is an essen
tlai monopoly, while the steamship,
sugar and fruit business are essentiallYs
highly speculative and compctitis
though admittedly highly profitable at
times. This is shown by United Fruits
earnings record for the last seven cal
endar years. Earnings We're the equiv
alent, in round dollars, of S5s in 1920.
$40 in 1919 S28 in 1913, s27 in 1917;
s2s in 1916, SIS in 1915, and Sc in
1914, per share. Book value was $252
share before the stock dividend. Your
American Tobacco preferred is high
grade, in our opinion The company
has negligible funded debt and does
not seem to suffer much from depras-
sion. Men go right on smoking and
chewing, whether they have jobs or
set the notion held by you that the
better class Of preferred stocks can be
considered to be as dependable as
bonds, even high coupon rate bonds.
The high coupon rate usually, but not
always, rejects the high cost Of money
rather than any inherent risk. A bond
is an obligation to pay, and if it is not
met the bondholder has the right to
recover, and in some cases (mort-
gages) can take the property of the
obligor away from him. BUT a stock
holder is q part owner in the business
and his dividends are not money owing
him, but share Of the profits. When
profits cease dividends cease, unless
there is surplus and the shareholders
can live on their fat until times i'm
prove. AS for the Cities Service pre-
ferred, that was a business mans risk
before the dividends ceased Now, we
tllink, it holds lacre of the speculative
element than you wish to assume.
When man in your position buys
speculative issues he usually does SO
because he is looking fer immediate or
reasonably early Improvement in the
business situation. That we have
reached the nadr corresponding to the
1919 zenith is at least open to ques
ton, in our opinion.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
VIII Take Money Out of Banks

ouestonv-I have $1,000 in saving banks
which / would like to withdraw and invest
in safe, easily marketable bond yielding
6 per cent or better. I believe a railroad
bond or well secured industrial bond hav-
ing : not too distant maturity would be
suita BILE but ask your advice VIII you
oblige me by naming a few bonds ard
stating the security beAin6 them ~. <.
Answer-We would suggest North
western Bell Telephone z per cent
Series a bonds, due 1aA1, secured by a
first mortgage on the entire physical
property Of the company in Iowa, Min
nesota, South Dakota and Nebraska.
As an Alternative we suggest the Cana
bonds, due 1870, guaranteed principal
and interest by the Canadian govern
naent, recently selling at 1909, at
which price they yield s.95 per cent
current interest, and the true yield to
maturity is e,93 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Holds American Agricultural Preferred

Qusstion--I would like to have your az.
wee IN regard to American AGRICULTURAL
preterred stock, as | zee by vour nansr
taey are net in good shape Would you
sell II 20, wnene ADVISE as r. IN
yesting II sold as wish safe and long
investment that will yield me the ron.f
safely. Alto. do you consider the LsiS ~
County Elevated hrst Is ana chica ga Mil
Waukes e. St Paul first Is. Series safa
70 hold as1 am growing old and depens
ing on this income from tina same ana ~
J. Us s. B. pAS' ~00'a you consider safer
Answer-Both the Kings County
Elevated first as and the CHICAGO
Milwaukee & St. Paul first Is, Series 4
arc underlying bonds, which we con,
sider safe and a good investmens for
your purposes. We would not recon-
memo American Agricultural Chemical
Tor your purposes, however. The pre-
ferred dividend has been deferred. In
our opinion it would be better to tale
YOUR, loss and sell the preferred now
ard buy something that viii begin to
ray You income on your money rather
than to wait in the hopes that the de-
ferred dividend will eventually be
pald and the market prices go higher.
II you want preferred stack to At
into your general investment scheme
we would suggest Standard Oil Of New
Jersey preferred.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Van Camp Bonds Security

Cnsstlon-Will you kiadly ADVISE me
pany s'1 Ins the ',sos Van Camp Packing eoaa
year SINKING fund gold bonds. dated anr,l
4 u, assl, que April l.. 1871 claimed 10 v!ela
= 80 Per cent Is this speculative or is II
ooy puy Tor man of moderate means
AnswerThs Van Camp paelire
Company, Inc, arst sinking f1ns
per cent bends are due 194i. and ars
secured by a me- v-ge on all TIA ga
assets OF the company, it's trademark
and the rledgs Of 90 per cent of ths
common stock Of the n,srchan d;sss y
organs-ation, the Van Camp produets
company We consider the bonds 4
good investment. .
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
How. c. G. E. J.. stoeks Stand

Question-Under date of June 9, 1921
you make statement In answer to an in
aulrer who signs himself e A. r." that
re re purchase " the coranaoa stock of tn
Chicago & Eastern Illinois is subject to
assessment win you kindly advise rae If
the stock which is subject TO assessra snt
10 the steek which Is listed at the present
Tine on The New York Stock Exchanges and
Is known as thesoi stock. or DOES 1t refer
70 tbs new stock, which IL at present sell
ing on the curb market on when as
and If issued basis. as nay Understanding
is that this curb stock is not subject 70
assessment and would like to have your
opinion about this because / hapa just
ordered son.s of the same TT A. b.
Answer-The Chicago & Eastern H.
linois common stock that is traded on
the curb is quoted assessment paid.
The old stock, which is quoted on the
New York Stock Exchange, is subject
to assessment. New stock, OF course,
will not be issued until the assessment
is paid, for the only way that old
stockholders can obtain it is to pay
the assessment. 1t : is traded on the
curb, when, if and as issued
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Changing Investments for Girl of is

oueation--Wiu you kindly advise nae
meat ny hss = taf nss II 9vs st.
teen and the money was Inverted ssn for l bsr
1sn ysars ago. with the exception Of the
small that a change without loss Of prii,-
eipaL would be advisable only ] 40 not
a ans s5 wst t. s.pess Of Her
~ per cent The bonds were purchs sed
Through the First National Bank of Nor
rlsiown. at which they are payable they
nat time $500 Mortgage On pr prop pss n
Upper Montelais. guaranteed by. the title
$4,000 Victory boaas viii as you also ad
use WI me What YOU thinH Of the following
n the Mosrstewn School bonds 5000
chicago Chion station ~ per cent, 81 ooo
e 3, naa Pacisc equipment s per cent,
IInternationa! Mercantile Marine per esn,.
Pc you thiak 7 aayisabls 70 hold this pond
are worth on the market Mrs. l.. D. +
Answer--The Morristowa School
bonds, due 1885, are quoted at IS bid,
81 asked. Since your daughter is not
subject to the income tax, we would
suggest that you sell the school bonds
tor her and invest the proceeds in New
YORK; Central debsnture 6 per cent
bonds, due 1885, which recently sold
at s7A This would represent no loss
in principal and would give ~
per cent additional income. You
might also sell the Victory bond and
buy Some of the good foreign govern
ment bonds, which are selling to yield
as much as 8 per cent, with what we
consider high degree of safety. Thus,
the Kingdom of Denmark SIS, doe 1915,
recently sold at 99A, which would
yield slightly over per cent. They
are payable, principal and interest, in
United States gold, free of Danish
taxes, and are good investment. We
would advise holding the, International
mercantile bond until maturity. The
others are good invs strasnts.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Bond Salesman REQUIRES Advice

g W. Nearly every Gay In tho weak
above company Tour Your srane :i column I
read With the deepest interest, Tor who.
',s possessed OF, namely, brains and back.
Of SSt very long gs $500
bid price is aoraswhers from, 81 to H. and
net much bidding At that WILL you kind
s as eth 49, ts saues ssa ne sass
ana AZ the same time s!ve NE a batter Sc
sassy sia Asys Mtnost anyssns
e trade thena for integnaticaal Mercantils
Msar'se &C. that are selling arcuna g or
for $4,000 st. Louis 8 San Francisco prior
lien as OF 1850. selling around 81 or slA
would very mueA appreciate your advice
you this as I am a constant reader Of your
paper aad 90 constantly get splendid in-
formation from your financial page.---A
Answer-We think that YOU might
better trade your Grace steamsRip
Company equipment 6s for Interna-
tional Mercantile Marine first and col
lateral SIS, due 1941. While the Ameri-
Line steamers on which these bonds
II, first mortgage are old, the fact
that the bonds are also secured by the
pledge Of the stock of the White Star
Line, which in our opinion is valuable,
gives the bonds a high degree Of secur-
ity. We think that the ST. Louis
San Francisco prior lien AZ are good
bond for long pull, but since the In
ternationsl Mercantile Marine, if held
to maturity, gives better yield than
the Frisco, and since the security is
at least equal, in our opinion, we would
prefer the International Mercantile
Marine. Some securities statesmen
fnd The Tribune useful and others
dent like it. Your house is SO large
and we'll liked that we would like to
print its name if it were not contrary
to our policy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Nlpped Once, Is Wary Now


0aest!on-Please ADVISE me through your
so s uT.a 81 an Investment for close to
1000. 90 not want Victory bonds hut
w you Prefer secured sbond yielding a
t ts.r return with absolute safety and or
that 10 liable with improved conditions "a
ean mar IN value sep;e three years ago
the stool. of which still have. and do no y,
1 wans to IN any way kiss goodby to this
F. F.. F. ~
Answer--We would be inclined to
buy United Kingdom of Great Britain
"a per cent bonds, due 1887, With part
o. tae money and Chicago Union sta
tlon oA per cent bonds. due 1853. re-
gently selling at 1o2. These chicaeo
Union Station bonds are guaranteed,
p 3 and interest, by the Chicago,
Burlington & Quincy; Cleveland. Gin,
cinnati. Chicago & St. Louis; pen,-
sylvania Company and the Chicago.
Milwaukee & St. Paul We can t.
OF fewer safer investments under bres-
ent conditions. No investment sab
solutely'' safe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-10
Two Public Utility Bonds

opestion-Wiil you kindly give your
op.a.on OF the security of investment in
oalc Power and Light Company ten,year
per cent bona seepred sinking fund gold
hotes, dated November J. 1920 due No
Hel.s per l. 1880, new issue S?oh0 900 ;
american Power and Light Company
twesty year per cent secured goa bonds
GATED May 1921. due May |, 194l. closed
issue Of $500 ooo.--H NJ K.
Answer-We consider Pennsylvania
Ohio Power and Light 1o.year IS as a
reasonably well secured investmen
The notes are subject to sl4,ess.ooo
prior lien. In the calendar year 1920
e q, !, american Power and Light earned
2,3A5,o75 net, and interest and rental
called for s1,37s,685. This is a fair
margin of safety.