davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11
The laburnum on his birthdays
The tree is living yet.

The laburnum on his birthdayi
The tree IL living yet.
remember I remember,
Where I used 10 swing
And though the air must rush as fresh
To swallows on the wing;
My spirit flew In feathers then.
That is 30 heavy now,
And summer pools would hardly cool
The fever on my brow.
remember, I remember,
The FIR trGeB dark and higN:
| used to think their slender tops
Were close against the sky;
II was childish Ignorance,
But now 'tis little Joy
10 know I'm farther on from heaven
Than when | was boy
The words Of the song "See That Ml
Hrave's Kept Green we're published in the
sunday PcBLro LEDGER Forum OF April 10,
1921.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11
First Buffalo NIckela

To The Editor OF tho Fpcnir0 Public Ledoer:
Sir--Whon were tho frst buffalo nicKeIs
issued? When and why weA the die changed
and Is there premium on the first lsqnei
q. w. W.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11
Take them to your repairman TODAY

VOU take him in couple of worn twisted loD
sided shoes that look about ready for the ash can
Two days later he hands them back to YOU almost
like w-Substantial new soles laces, new
rubber heels.
The American reparman is the best in the world
Have him put OSullivsn's your shoes today.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11

Tho first issue Of buffalo nickels was IN
February, 1918. In May. 1919 the die was
changed In order to bring Ou' tho words
''fve cents" more plainly. There ia no
premium these hrat nClspls.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11

&C. T. P."-Dnvy Crockett vas IN Con.
Eress from 1926 TO $50 and from lsa2 to
1884,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11
The Rude and Fresh Pests

PhlIadelphln, Octoher 11. 1O2I.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-10-11

And II to reach your lips at last
New-York tribune., 1921-11-18
Credit Improvement
Shown i'm Advance
OF Reserve Ratio
Another New High for Move
ment Recorded as Adj
vances to Members Drop;
N. Y. Figures Are Higher

Signs Of further improvement In the
general credit situation were seen yes
terday in the latest statement Of tho
Federal Reserve system, revealing an
other new high for the movement OF
the reserve ratio and lowering of
money rates in the Wall Street market.
where banks made the most liberal Of
ferings of the funds for stock market
purposes in months.
The return of the Federal Reserve
system FOR the week ended Wednesday
showd ratio of total reserves to de-
posit and Federal Reserve note liabili-
ties combined of 71.s per cent, against
TIA per cent week ago and AL per
cent q year ago. The systems gold
reserves mounted from $2,816,299, 900
to 81, 1913, ,901 900 during the week, set
ting new high record. Advances to
member banks fell off sharply. Those
against government paper declined
from $4b3 1921 900 to $431 ,s91 900, and
those against other paper from $792,-
S99, 900 to $766,123,000.
The Federal Reserve Bank of New
York in its statement for the week
disclosed ratio Of total reserves to
deposit and Federal Reserve note liza
bilities combined Of s3.6 per cent, a
jump from 79.9 per cent week ago.
In this district advances to member
banks against government paper
dropped from $10s,335,o00 to s86,o91,-
102; those against other paper from
S129 yS65,000 to $92,392,575. The banks
gold reserves rose from $1,O13 ,9S1 900
to $1,043,668,0 ,024. On operations with
other reserve banks the local institu-
tion lost approximately $25,000,O00 in
gold through the Washington settle
ment fund.
With the more liberal offerings Of
time funds by the banks in the finan-
cial> district yesterday the rate on
ninety-day collateral loans dropped
from 6A to per cent. More business
was reported to have been done on this
basis than in months and the supply
New-York tribune., 1921-11-18
Cotton Receivers
From Early Drop
On Improved Tone
Better Outlook Fails to
Advance Prices, but
Leads to Support ON De-
clines; Small Net Loss

The better tone which has been
noted IN the cotton market since the
break OF late last week and opening
of the arms conference, was evident
again yesterday. 1t did not seem
strong enough TO make buying power
on advances, however, but il brought
in support ON declines and led TO sharp
rallies from an carly decline. which
were promoted by talk of better spot
demand. January contracts advanced
from 1914, the low level Of the
morning, to 1878, and closed at 1858,
compared with 1870 at the close of
the previous day The general mar
ket closed barely steady at a decline
of to 16 points.
The earlier weakness was due to the un-
favorable showing OF Liverpool and rather
larger private ginning returns than looked
Tor The pubieaton Of p prvats I've ;. repor.
November IA led to liquidation. The close
was several points off from the best under
realizing and scattered selling in antici-
patton OF further declines in Liverpool
to-day
There were a number OF reports from
tho South indicating an improved demand
for spot cotton and stiffer basis particu-
larly in the case OF cotton showing staple
OF more than inch.
Southern spot markets as officially re-
ported were unchanged to 25 points lower
with middling quotations ranging from
cents. the closing quotation for December
contracts In New York
The local market for spot cotton was
quiet and 0 points lower at 1920 cents
for middling no sales were reported
The range OF prices
New-York tribune., 1921-11-18

lands, six mining plants, equipment,
miners houses, etc, in Westsno reland
County, Pennsylvania, They were out
standing on February last to the
amount of S2,e16,0o0, S2,0S4,00o having
been retired by the operation of the
sinking fund. They arc not listed on
the New York Stock Exchange and. the
only quotation we have been able to
locate is the range for the year 1920
from low bid of 80 to a high asked
Of So. Another bond secured by first
mortgage on coal lands is the Norfolk
& Western Railway Pocahontas Coal
and Coke Company joint purchase
money 5s, due in 1941. They arc secured
by. q first mortgage on 100000 acres of
coal land in the Pocahontas fields Of
West Virginia, besides collateral. They
were outstanding on February last to
the amount Of $15,568,000, $4,332 900
having been retired by the sinking fund
Two and one-half cents is set aside
from royalties on each ton Of coal mined
for the sinking fund and bonds are
purchased at not more than los, bonds
SO purchased to be cancelled. This is
sue is the Joint obligation of the Nor
folk & Western Railway Company and
the coal company. 1t is listed on the
New York Stock Exchange and is fairly
active, being currently quoted at
about so. tf -t
New-York tribune., 1921-11-18
Hooking Valley Resumes
Regular 2 P. C. Dividend
Chesapeake & Ohio Bcne6ts
and Its Directors Meeting To-
dav Nav Act Tavorablv

Directors Of the Booking Valley
Railway Company voted yesterday to
resume the payment Of dividends on
the $11,Ooo,0oO outstanding stock, with
the declaration of dividend Of peg
cent, payable December 81, to stock
holders of record December g. Al
though not declared to cover a stated
period, this dividend corresponds TO
the payment which was declared semi
annually before last June, when the
usual declaration was omitted.
". ], Harahan, president Of tho
road, stated after yesterdays meeting
that current conditions warranted tie
resumption of dividend payments. lie
said that October earnings would show
up better than September's-
AS the owner of Sa-S25,9oo Of Hook
ing Valleys capital stock the Chesa-
peake & Ohio will benefit from yester-
days dividend declaration to the ex-
tent of s176,518. C. & o. directors are
scheduled to meet to-day, and it is
believed that the action OF the Hook
ing Valley board may presege the re-
sumption of dividend payments, whlca
were discontinued when the Hooking
Valley dividend was omitted last June.
The company had been paying 81 an
nually.
New-York tribune., 1921-11-18
n. J. Central Sells
l69,788 Shares of
Lefigh Coal Stock
Syndicate TO Pay S32,5OO..
900 for Roads Holdings.
Equivalent to SlI8,50 =
Share; Is Courts Order

The Central Railroad Of New Jsrsev
has sold 1Gs,718 shares Of Lei.igh ars
Wilkes Barre coal stock 10 a syndicata
among TIE members of which are
number 81 minority stockholders O,
tbs coal company, some Independent
coal interests and iatere2.s ccnnectea
with Burns Brothers The syndica.a
manager is Jackson Z. Reynolds. vics-
president Of tae First National Bank.
wao is q director Of TIE coal compsn7.
The totsl payment To be made 70 tis
seller IS &32, ,50o,o Dates Of pay
lnent of the instaiiments are December
6, July J., August / and September /,
1872. The i7rst yaylnert, il was learned
yesterday, VIII be in the neigAborhood
of SIC 600 ,C9o. The selling price Fixed
Tor tie coa. company Z ecgivaie ens to
about 3lf3.50 a share on tie jersey
Central stock. 1ne salc fggrs vas 2p-
parensly based on earn;ngs, the ayr
age Of which over period Of yeirs
vas S3,61O.51o. or $3.50 2 share
Sale Of the Lehigh and Wilkes Barre
coal holdings by the Jersey Central is
in accordance with the United States
Supreme Court decree Of April 6, 1920.
This decree dissolved the combination
Of the Reading holding company. the
Philadelphia and Reading Coal and
Iron Company, the Central Railroad Of
New Jersey and the Lehigh and Wilkes
Barre Coal Company. The court held
that the organization of the holding
company was an attempt to evade the
antitrust law and was also in conflict
with the constitution Of Pennsylvania.
Of the outstanding s9,2l0,000 Lehigh
and Wilkes-Barre coal stock, the Cen
trail Railroad of New Jersey owned
S8.499. 400 on December 81, 1920.
New-York tribune., 1921-11-18
Wise to Ynclude Municipa1s

QuestionTWil you please give mo soma
advice regarding the following stocks and
few years. and would like to know Of
their standing at the present time? Pubic
Service Of Northern Illinois s pei. cont.
York Dor- cent, 1851; Northern States
Power Company per cent. 1o2s-'SS; A: r.
staley Manufacturing Company per cent
per cent, 1944; Michigan Northern Power
Company s, per cent, 1914; Laclede Gas
Light Company per cent, 1929; Nevada
1875; Bergen County Railroad per cent?
1881; Ma.in Municipal Water District s
per cent, 1862; Poinset Co. Ark. Drain Dist
Colorado County. Tex. bis. 1925: caroiina
Power and Light Company. Yadkin River
Light Company per cent. 1874: State of Of
Louisiana Port Comm. per cent, 1880:
Swiss Confederation o,s, 1929: Cleveland,
per cent. lsss: Kennscott copper Company
per cent. 1890; Wickwlre Spencer Ste6l
Corporation per cent, 1895: American
Agricultural Chemical, Corporation ~.
Northern Pacific Railroad 6sl 2047; govern
ment Of Trench Republic 7izs 194l; Rapid
Transit Street Railroad OF Newark N, j.,
8 per cent. 1s4l; Southern Bell Telephone
Company s per cent, 1891; Wilkes-Barre
Of Brazil 8 per cent. 1871; Midland: Rail
lOdu VI I>CW Oc1ScJ v pSb Ccllp, AS1Vp pIos
terred stock; william Farrell Sons Com
pany z per cent. Milwaukee Electric
street Railway per cent. Steel and Tube
Of North America per. cert. Emerson
Electric Manufacturing Company per
cent, Gillette Safety: Razor Company. Al
lied Chemical and Dye Corporation 7 per
cent Do you consider the above safe as to
principal ana income 81. Fl. n.
Answer-We do not find any Mil
waukee Electric Street Railway SIS;
YOU mean the Milwaukee Lipht. Heat
4 Traction general mortgage IS, due
1858. They are guaranteed principal
and interest by the Milwaukee Electric
Railway & Light Company. We assume
that by Hydraulic Power Company Of
New York SIS you mean the Hydraulic
Power Of Niagara Falls, first and re-
funding IS, due 1850, or the rcfundins
and improvement SIS, Of the same COM
pany, due 1851, both good investments
in our opinion. AS whole, we think
that your list is good one, and that
the inclusion Of some municipal bonds
in list as long as this is wise
arrangement.
New-York tribune., 1921-11-18
-Four full colun.ns Of in
restment questions and an.
sl0ers are published in The
Tribune every Sunday
Strength in Wheat
Fails to Hold as
Demand Slackens
Foreign Buying Is Less
Aggressive in Spite of
Exchange Firmness, and
Prices Sag; Corn Steady

CHICAGO, Nov. 17.-Declines took
place in the wheat market to day after
an early advance. Reports of rain in
the Southwest and lack of European
demand twithstanding strength in
foreign exchange were leading bearish
factors. Market closed weak, IA to ia
cents net lower, with December 1851
to 1868, and May 1.08As to 1.0SA.
Corn finished shade to a cents up,
oats off IS to e cents, and provisions
unchanged to s cents down.
Absence OF any aggressive selling was
largely responsible for the strength shown
during the early trading in wheat. Bulls
contended that with reduced receipts and
diminishing stocks the current prices OF
grain would look cheap should there be
any apparent improvement in economic
conditions. On the advance which ensued
however selling orders became more plen-
tifuI. especially from elevator interests
and from houses with foreign connections
1t was these offerings which put surplus
on the market, and proved hard to digest
late in the. session when rain reports
seeyned to indicate the ending OF drought
in the Southwest. Siowness OF export call
was associated in some degree with an
nouncement that harvesting had started
already in northern Argentina
Persistent demand from the East for
cash corn hero gave flrmness to the corn
market. Oats appeared to be governed in
the main by the action Of wheat.
Provisions were easier, rejecting a down
turn In the hog market.
New-York tribune., 1921-11-18

OF funds available exceeded th3 de-
mand, brokers said. The broker who
horrows for ninety days against stock
exchange collateral thus finances his
requirements until February. For the
past year the supply Of time money
offered by the banks has been ex-
tremely limited, so that the largest part
of the stock market business in the
Street has been financed from day to
day by means Of call loans.
Tho generally easier tendency of
money rates was also discernible in
the market for bankers acceptances
yesterday, where eligible bills of all
maturities UP to six months eased off
" to Az per cent, bringing all classes
Of acceptances to the lowest level since
the fall OF 1919. This latest decline is
held by dealers to be the markets re-
sponse to the new low rate of AZ per
cent recently established by the Treas
ury Department on its certificates Of
indebtedness.
New-York tribune., 1921-11-18
Coal Land. Bonds


ouestion-Some time ago noticed that
you recommended bond or some name
Ike Pocahontae Coal and Coke, So, do
not remember the exact cription, bur
thought 1t might be. a mortgage soll coal
fields. and would like to add such a Sc
eurity. IL high grade. to my present col,
ton as possible regarding this bond and
the issuing company, also about other such
MORTGAGES on coal lands that you are
willing to recommend? IN addition will
you please tell mo In connection with eacl,
issue In what market they are traded In :?
have very fair list of railroad. public
trial and foreign government bonds (wlll
not take the time to list them. as arm
satisfied with then), while I have a fair
income. so that loss or two would not
break me, and l am not much of sport
ABOUT taking chances. In reply to an
other correspondent some days ago you
discussed safe and fairly high grade bonds
which could be obtained fairly cheaply boz
cause of not having a broad naarket main
tanned for them Will you tell me about
two or three such issues? AS many facts
as you have patience to look up about each
issue you may name Will be greatly appre.
ciated. Some bonds secured timber
LANDS might serve mo tor. a part Of my
funds, II you can tell me OF any which are
really we'll secured. am rather a crank
about closed mortgages with visible
equity behind them; also greatly prefer
Answer-The bonds you have in
iti1Ato "AS PAOOuUIy ShS leOCdIlOut6S SQtt-
solidated Collieries Company first, IS,
due in 1857, which are secured by a
first mortgage on fourteen mining
plants and $4,000 acres Of coal lands
leased and OIL acres owned, in fee.
There were outstanding on January
last $3,956,100 Of these bonds, $2,043,-
900 having been retired through the
operation Of the sinking fund, which
provides for the setting aside OF three
and one-half cents on each gross ton
Of coal mined for the, purchase of the
bonds at not more than l05, the bonds
SO purchased to be cancelled. The COM
pany has outstanding. s4,5oo, 900 of com.
mon stock and S2,56l, roo of 6 per cent
cumulative preferred stock Six per
cent dividends have BEEN regularly
paid on the preferred. stock, while divi-
dends on the common stock have va
ried during the last Eve years from
per cent i'll 1915 TO 80 per cent in
1917. The company also has made sub
staatial charges for depreciation. The
first 5s are the ohly funded debt.
These bonds are listed on the New
York Stock Exchange. but are some
what inactive, the last sale having
been $1,000 at so on October 20. An
other bond secured ION coal lands which
might. meet your requirements is the
Jamison Coal and Coke Company frst
sinking fund 5s, due in 1881. secured
New-York tribune., 1921-11-18
Lack Of Support
Depresses Prices
In Curb Trading
Profit Ia king i'll Oils
Causes Reactions, but De.
cli1ies Are Small; Indus
trials Move Irregularly

Buying orders were less in evidence
in yesterdays rather quiet trading and
slight declines were registered when
profit taking caused al ineTcase in Of
ferinss. Prices were U settIed b. lack
OF support il oils. Jndustrials were
irregular.
Cities, Service common fell back four
points ard Standard Oh OF Indiana
dropped to 31s4. international. Petro-
leufn and others lost fractions. Mara
caibo was steady. Z Oh ard Gas re-
sponded to favorable news from its oil
fields. Traders look for dividend devel-
opnents.
Goodyear Tire continued easy, los
ing fraction, while Glen Alden also
sageed on profit taAing. Tobacco
Products was frectionally lower. blt
Texas Gulf Sulphur worked slightly
higher.
New-York tribune., 1921-11-18
Foreign Bonds
FINANCIAL
Utah Securities Corporation

Ten Year Six Per Cent. Gold Notes.
Pursuant to Article " OF the Trust Agiee-
nent, dated September IA. 1919 made by tns
Utah Securities Corporation with the unaer- Ta-
signed as Trustee, TO secure the len ,.sh Ice.
SIX Per Cent Gold Notes of the said Ian
Securities Corporation. Guaranty Trust C9la' on
pary OF New York. as Trustee thereunueiii. 70 &
Invites proposals In writing for The sale 10 "a 4
of the said Notes 1T not exceeding lvi any any
accrued interest, for which purchase SAY
Trustee has now on deposit One Million Iarss
Hundred Twenty Thousand FIVE Huhuio ~
Three and 3-100 Dollars t$l.S2O. SO e"l. -.
Sealed proposals Will be received oy ,.ay ans
undersigned at it's Office. No. Lao broauT ~, ~,
New York CITY, until / o'clock noo'. Oh -
day. December End. 1921 ;..a
Notice of purchase of notes Will ne Insi.eo
on December End. 1921. and the notes so as pnas
chased must be delivered 10 ice unaelsis.,1,@ a ~,
before the close OF business on Decem5e. stn'
on which date interest Will cease.
GUARANTY TRUST COMPANY
OF NEW YORK.
WILLIAM c. POTTER. President
Dated November II. 1921.
New-York tribune., 1921-11-18
Detroit Edison Net Income Up

The Detroit Edison Company re-
ported a net income for October Of
S575,572, an increase of IS per cent
over October, 1920; and for the ten
months ended October 81 Of S4,793,-
474, an increase Of 48.4 per cent over
the corresponding period Of the pre-
ceding year. Surplus amounted to
$273,l79 in October and $1,966,634 in
the ten months.
New-York tribune., 1921-11-18
Investment
b.
Information

Questions Of general interest to sx- 4
0estors aoiN be ots,oered III. this COT
untn, IN which case only iNiticls will
be used. Others tuiu 6e a7,sweYed by j
mail. .Addyess oil inquiries, i1aclos-)
~ stamped, addressed cnvclope, to
Financial Editor, The Tribune, 154
Nassau street, New York City.
New-York tribune., 1921-11-18

Southern Spot ACKNOWLEDGEMENTS steady,
unchanged at 17.15c; sales. $50 bales. New
Orleans quiet, unchanged at 49, csc; sales
l.l30 bales. Mobile nominal unchanged at
15.75c; sales, nil. Savannah steady. rs
points lower at 16c sales. 366 bales
900 bales. st. Louis quiet. unchanged at
lSc; sales. nil. Houston steady, 10 points
lower at 1900: sales, 2,507 bales Little
Rock quiet. unchanged at 17.75c: sales, 480
bales. Dallas steady. 10 points lower at
l6.i6c: sales, 3.1To bales. Montgomery
Fort Worth quiet 10 points lower at 16c !;
sales S23 bales
New-York tribune., 1921-11-18
Livestock, Meats, Provisions
Arkansas Light Earnings

For the twelve months ended Oc-
tober 81 the Arkansas Light and Power
Company reported net operating in
come, after expenses, maintenance and
taxes, of s376,S23, against s1a5.-
$50 q year ago; for the tsn months
ended October 81 an income of s252.-
29o, compared with S1s9,196 last wear.
New-York tribune., 1921-11-18
Blu1nenthal Enters Big Board

The brokerage firm Of Blumenthal
Brothers & Co., 72 Trinity Place, yes
terday announced that Edwin D. Blum
enthal had been elected a member of the
New York Stock Exchange. The firm
Brothers. Morton n. Blumenthal is the
other member Of the firm, which is also
q member of the Curb.
New-York tribune., 1921-11-18
DIVIDEND NOTICES
NERGrSrH4rER r.~oYx"v 80.

MERGFSrHAIER I1NoI."v 80;
Brooklyn n Y. Novcn,her i. 1871
DIVIDEND 1e4
a vegai&r quarseg.y dividend ~ "a 70.
cent. OF the capitsi stcck os NerssHtla..ss.
Lis.ot. % Company will De PAID o. Deoei;'To.
81, 1924, to the stocHho.ders Of record -
they appear ~ The e.ose Of business oa Le.
cenaoer 5. 1872. e'ae Transfer Boc.s nl-. izo-
os closed.
Jos. Il. MACKEY. treasurer.
New-York tribune., 1921-11-18
Southwestern Power & Light Company

Preferred Stock Dividend 36.
The regular quarterly dividend OF one
and three quarters per cent. GAss) on
the Preferred stock OF Southwestern
Power & Light Company has been ae-
clarsd payable December /. 192i, to stock
heidsrs Of rsccrd 1T the CLOSE OF buainsss
Ago~omber 10, 1891. ~
New-York tribune., 1921-11-18
DIVIDEND NOTICES
NEyy ycRK TRANSIT COMPANY.
Nh R.AnadMaY New York

X November 18th. 1921.
A dtvideM of four dollars per share has
been decNred on the Capital Stock of this
company payable January 14th 1922 20
stockhofders OF record at the close OF busi-
ness DeceElber 10TH 1921.
AlI communications regarding payment
or change OF address should be sent to the
undexsigned not later than January 7th,
1872. NECIsGE CHESEBRO Secretary.
New-York tribune., 1921-11-18
Bonds to Pay Insurance Premiums

Question: am going to purchase life in
surance, twenty-payment life, $1,000 paid
you suggest several $500 bonds around 6
per cent cent or Z per cent coupon running to
the above date. am considering Marine
Is. Erie prior lien sl,ooo), Duauesne Light
Is, l541; Com, Tab. and Rec 6s l04l;
Goodyear Tire IS. 1eAl: 4. G. w. 6s-
Answer-We think international
Mercantile Marine 6s, Erie prior lien
4s and Duquesne Light 6s are good
investments. We. suggest also as
meeting your requirements North
western Bell Telephone Is, due 1914,
recently selling at 105A; Detroit Edi-
son first and rcfunding series B IS,
due 1e4o, recently selling at SAX
Norfolk Southern first IS, due 1874,
recently selling at 1871, yielding 7.59
per cent if held to maturity, coupons
being February and August.
New-York tribune., 1921-11-18
soUrn roaro Rlco SUGAR COMPANY
MEETINGS

New YORK, November y. 1891.
Tho anpaal meeting OF the stockholders OF
shs Southern ard Atlantic Telegraph Company
Will 10 ne.d Al tie Executive Ofics os tAs
Company. No. 19b Broadway. IN the -ity or
Nav York. on Thursday. December !. 1891:
az eco O'clock P. ". so- the election cs
tho srezsAct!or 9. suck other business 40