davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-06-11
Visible Supplies of Sugar

The United States could get along
without any more Cuban sugar for the
rest of the year, according to the
latest survey of available sugar sup
plies made by the Federal Sugar Re
fning Company. "'There appears moth
ing for buyers to do from now on but
follow a hand-to-mouth policy" the
company says, latter taking careful
consideration of the statement of avail
able supplies. There is no indication
that the bottom has been reached, and
regardless of what is responsible for
present conditions, they are here and
losses are to be avoided" 1t is as
serted that the stocks of sugar al
ready in this country and the supplies
available from countries other than
Cuba will last until the middle of
October, when our domestic beet and
Louisiana cane crops will be coming
on the market in sufficient quantities
to provide for the remainder of the
year. A total Of 1,502,607 tons, it is
stated, will be available for our re-
quirements, and at the normal average
consumption rate Of 333,333 tons a
month, this would last more than four
and half months. Raw sugar on
hand, held by refiners and importers,
totals 277, 7,607 tons; refined sugar held
by refiners is estimated at $4,000 tons;
beet sugar stocks amount to 100000
tons; the balances of the Porto Rican,
25o,o00, 100000 and 5000 tons, re-
spectively; the balance of Philippine
receipts is $4,000 tons, and the balance
OF full-duty receipts, San Domingo.
Peru, Brazil and Venezuela amounts
to 100000 tons.
New-York tribune., 1921-06-11
Meaning of Interest to Be Added"

Question-would you please advise as to
the following: What the interest dates
and maturity date OF Victory 1923 notes
In your daily bond report you head the
foreign government and municipal bonds
with the notice interest to be added In
the case Of United States government
bonds, quoted first, you do not make the
same statement. Does that mean that
quoted at fat price, not and interest p
G. Y. r.
Answer-The Victory AIS are due
June I. 1923. Interest is payable June
and December. Interest must be added
to all bonds, including United States
Government bonds, as quoted on the
New York Stock Exchange, except in
come bonds and bonds in default.
New-York tribune., 1921-06-11
The Dollar in Foreign Exchange

Exchange rates on western European
and scandinavian centers worked
worked steadily higher yesterday,
checking the depression Of several
days. duration. Portuguese rates were
exceptionally strong, quotations on the
escudo advancing sharply for the Sec
ond day in succession and reaching a
new high for the year at 1914 cents for
cables.
Polish rates continued to slump. how
ever, and the trend ON other central
and eastern European centers was
easier.
The Brazilian milreis sagged off, but
the Japanese yen recovered to 4S cents,
these being the only changes of i'm
portance. in the South American and
Far Eastern groups.
New-York tribune., 1921-06-11
Maine Apple Crop Good

WAKEFIELD, Mass, June 10.-The
apple crop in Maine shows better pros
poets than that of any other state in
the country. Reports to V. A. Sanders,
New England statistician of the Fed
eral Bureau of Crop Estimates, to-day
placed the Maine condition on June
at SO. The next highest state was
Washington, for which the figure
was SO.
New-York tribune., 1921-06-11
French Bonds Not taxable in France

Question--As I would like to live in
come could you advise me which of these
bonds you think would be the best and
Government per cent, due 1870: the
French Government ~ per cent due 1s4IS
and the City of Bordeaux Miss A G.
Answer-All three of the bonds that
you mention are free from French
taxes, according to the circulars max
ing the offer. OF the three we think
the 732 per cent bonds due 1941, which
are not callahle before that date, are
the best.
New-York tribune., 1921-06-11
Price of Stock Tickers Raised

Stock Exchange firms were notified
yesterday that the price of the ticker
service furnished by the New York
Quotation Company would be increased
from $40 to S25 a month, effective June
30. The company's application for per-
mission TO make the increase was re-
Gently granted by the Board Of Esti-
mate
New-York tribune., 1921-06-11
Wants Safety Most Of All

ouestion-Piease inform me what is the
best investment for about $4,000. / am
looking for something that Is safe, most
of all, and also an investment that has
always a ready market.-P P.
Answer-Chicago Union Station 61as,
due 1868, offered at 101, secured by un-
conditional guarantee of both principal
and interest jointly and severally by
the Chicago, Burlington & Quincy, Chi
cago, Milwaukee & ST. Paul, the Pitts
burgh, Cincinnati, Chicago G st. Louis
and the Pennsylvania Company; Vir-
ginian Railway first 5s, due 1862, re-
Gently selling at 741a; Westinghouse
Electric and Manufacturing rs, due
1881, recently selling at 100; Standard
Oil of California rs, due 1881, recently
selling at 1929, and Illinois Steel de-
benture AS, due 1910, recently selling
at 79k, are bonds that meet your re-
quirements admirably, in our opinion,
and $4,000 divided among them will
give well diversified and safe invest
ment.
New-York tribune., 1921-06-11
London Metal Market

LONDON, June Standard copper,
spot, 973 Is Cd; futures, 97S Is 3D.
Electrolytic, spot, s77; futures, sIs
Tin, spot, s165 It's Sd; futures, sl67 IS
Cd. Lead, spot, s23 Is Sd; futures, ss- ss-
12s Cd. Zinc, spot, s27; futures, 81
It's cd
New-York tribune., 1921-06-11
Security of Wilson and American
AgricuIturaIs

ouestion-Have made number of in
ment information column, such as New
York Central 4 Y per cent, 2O13; Chesa-
peake & Ohio general 4 rs. 1922 and
Northwestern Bell Telephone Company 7 y
per cent, l941, and Wilson & Co first 6
per cent, 1S41. Are the last two bonds as
strong as the first three mentioned and
are they first mortgage bonds? l am
about to buy more of the Wilson & Co.
and American Agricultural Chemical Com
pany bonds, but would like your advice
whether you advise better and stronger
bonds than the two mentioned that pay
as much interest or better interest on the
investment at the present market price,
w. G.
Answer-The American Agricultural
Chemical 71as, 1941, are secured by a
general mortgage subject to $6,959, 900
first convertible 5s, due 1923. The
Wilson Is Co. bonds are secured By a
mortgage on all the property of the
company directly owned and by deposit
of tkb entire issues of stock of sub
salaries. Partly because Of the nature
of the businesses, we do not think that
either Wilson & Co. bonds or American
Agricultural Chemical bonds are as
secure as the New York Central 41as
or the Northwestern Bell Telephone
bonds Of 19A1.
New-York tribune., 1921-06-11
Farm Loan Bonds Are Tax Exempt

Question: have about $4,000 that I
want TO invest In two good per cent
bonds. VIII you please advise me regard
ing Federal farm loan bonds? Are they
backed by the United States government
taxes? VIII appreciate anything you
would like to say regarding these bonds
z. K. B.
Answer-The United States Supreme
Court recently held that the Federal
Farm Loan per cent bonds are an in
strument of the government. They
are tax empt and, in our opinion, are
q high grade investment.
New-York tribune., 1921-06-11
The Problem of Oil Producer.

Oil production is running ahead If
the fondest hopes of drilIers who set
TO work a few months ago to remedy
gne shortage of oil, according to The
Lamp, official organ of the Standard
on Company of New Jersey. The lime
issue Of the publication adds: s'The re-
suit is that there is little profit in any
field at the prices now prevailing for
GRADE and in perhaps a majority of
cases there Is an actual loss on every
barrel of oil lifted to the surface.
Ihere nave been fewer competitions and
considerably less drilling with each
succeeding month since December
1920, yet the daily average production
has increased"
New-York tribune., 1921-06-11
Heads New Bank Branch

J. w. Barry, formerly assistant man. an
ager of the Audubon branch Of the
Corn Exchange Bank, has been ap,
pointed manager of that institution on
new Seventh Avenue branch. at SIX
teenth Street and Seventh Avenue
which will open next Wednesdas'
Juna 15
New-York tribune., 1921-06-11
Monthly Earnings

Seaboard Air Line income statement
Tor April shows large increase in bal
ance after taxes. What part of this
saving is made in reduced expendi-
lures for maintenance and what mart
is in reduced transportation expenses
cannot be determined without the de-
tailed figures. The Seaboard Air Line
IS enc of the weak roads.
New-York tribune., 1921-06-11
Wants Safety and 8 Per Cent

Question--Please advise me- In your opin-
ton the safest $500 bond I might purchase
which would give the maximum yield
that is, around per cent, and one that is
easily marketable. Long term preferred
d. G. w.
Answer-The safest bonds do not
give the maximum yield. One of the
safest bonds that gives as high a yield
as per cent is the Kingdom Of Dem
mark IS, due 1945, and recently selling
at just below par.
New-York tribune., 1921-06-11
Paris Market Inactive

PARIS, June 1o.-Prices were in
active on the Bourse to-day. Three per
cent rentes, 81 francs So centimes. Ex-
change on London, AZ francs 81 CEN
times. Five per cent loan, 50 francs 70
centlmes. The dollar was quoted at IL
francs 7Sh centimes.
New-York tribune., 1921-06-11
How Guaranty Affects Bond

Question: Having $1,000 to invest
would Ike to know which of the folio wing
would make the best Investment: Stock OF
the American Telephone end Telegraph
Company yielding 8 per cent--iirst mort
gage. twenty-year 7 per cent bonds, Series
A, Of the Northwestern Bell Telephone
Company twenty-five year first and re-
funding mortgage 7 per cent sinking fund
gold bonds of the Bell Telephone Company
Of course, would oe the safety of the in
yestment az she stock of the American
Telephone and Telegraph Company yields
per cent whereas the two bond issues
yield only per cent, J would prefer ths
stock as far as the investment return rs
concerned but am thinking that the bonds
may be safer investment, or Is this
stock OF the American Telephone and
Telegraph Company just as safe? Which,
in your estimation, combines the greatest
safety with the best return? Would you
also please explain to me the advantage
of guaranteed bond? And would you
kindly give me the name Of a good be
ginner's book which explains the intrica-
cies of the stock market, etc. ?-E. j. 2.
Answer-The Bell Telephone of
Pennsylvania bond is the best of the
securities you mention, in our opinion,
and we suggest that you put your
81 900 into it. Get copy of Putnam s
Investment Handbook, by Albert w. At
wood, published by Putnam, and after
you have read that go on to Chamber
iain's Principles of Bond Investment
There are many books dealing with
the machinery of Wall Street. Any Of
the public libraries will be glad to put
Them at your disposal. Telephone stock
is a good investment, in our opinion,
but it is not conservative enough for
man who places security first. A
common stock is the first to feel
changes in earnings or other adverse
conditions, while a bond is better pro-
tected. The value of a guaranty of a
bond depends on the financial strength
of the guarantor. For instance, the
guaranty of the New Haven of New
York, Westchester & Boston bonds has
been in the past enough to pay interest
on the bonds, though it was not earned
tut the price at which they are sell
ing indicates that investors do not
place much faith in the guaranty for
the future. On the other hand the
guaranty of the United States govern
ment of the Federal Land Bank mort
gage bonds makes them high grade in
vestments from the holders point OF
view, though we are inclined to doubt
their conservatism as straight mort.
gage security, and the government may
some day be called upon TO make good
in it's guaranty in some instances.
New-York tribune., 1921-06-11
Dividends
Extra

Extra
Fifth Avenue Bank-An extra dividend
OF 80 per cent share has been declared
in addition to the regular quarterly diyi-
dend OF per cent, both payable July /
to stockholders of record June 80.
Regular Declarations
New-York tribune., 1921-06-11
London Morcy Market

LONDON, June 1o.-Bar silver, s5hd
per ounce; bar gold, Ills. Money. 4
per cent. Discount rates: Short bills.
per cent.
New-York tribune., 1921-06-11
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions Yesterday.
New-York tribune., 1921-06-11

Bank Clearings-Bank clearings at
New York yesterday were: Exchanges,
s5s7 ,o39; balances, $55,4e5 ,94s.,
silver-London, 35hd; New York,
domestic bar, 99Ac; foreign, 5S1sc;
Mexican dollars, 44&c.
New-York tribune., 1921-06-11
Low Prices for Crude Rubber

With crude rubber selling at 12 to
10 cents a pound, depending upon the
grade and quality, bankers interested
IN. the situation in the market for
tins commodity We're wondering yes
terday when the liquidation in this
staple is going to be halted. It was
pointed out that the cost of production
is more than double present market
prices for rubber, and for this reason
the opinion was expressed that if the
Bottom has not already been reached
1t is close at hand. Some of the large
consumers of rubber have come into
the market ito take advantage of the
present E situation. The United States
hupper Company was mentioned as
one on e OF those which is buying to cover
ITS forward needs. and it was said that
this corporation is purchasing enough
to meet it's requirements for the nayt
eight to twelve months.
New-York tribune., 1921-06-11
Investment
Information

Questions OF general interest TO an
oestors wiU be answered IN this cot.
untn, in which case only initials aott
be uscd Others aoiu be aasoered by
mail. address oil inquiries. imc!os-
ing stamped, oddressed e7tUcIope, TO
Financial Editor, The Tribune, f54
Nassau Street, Neso YORK; City.
New-York tribune., 1921-06-11
Money and Credit

The Improvement in credit, ex-
nressea by the weekly statement of
the Federal Reserve system, was re-
elected in easier call money rates yes
terday. Renewal loans were arranged
at 6 per cent on the Stock Exchange,
the lowest since April %.
New-York tribune., 1921-06-11

Pay holders
Rate. Period able Of Rec.
Bell Tel Of Can: 2 % @ July is June 80
Sase, =, l. Isfesh'
New-York tribune., 1921-06-11
Transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Dealings

Copyright, 1921, New Tribune Inc,
New-York tribune., 1921-06-11

Canadian Exchange--New York funds in
Montreal, 17s per cent premium Mon
Sreal funds Ia New York. 1QH per cent
discount
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20
Wit and Humor of the August Senate

a PPARENTLY none of the twelve
L A men who can understand Elm
stems theory of relatively is in the
United States senate. Here's a part
of the proceedings in the Congress
sional Record:
Mr.. Penrose-Mr. President, will
the senator permit an inquiry?
Mr.. Misunderstanding
Mr.. PenrOse-The senator has re-
eerred very eloquently to Newton and
others who have contributed to science
| know the senate would patiently
listen to him If he would explain his
views on Einstein's theory of rela-
tivity.
Mr. Williams-Mr. President, | have
long contended that the wittiest, the
vaguest and most indefinite man in
this body is the senator from Pennsyl-
vania, but l did not know until this
morning that he could discover any
thing more vague and indefinite than
,msef | frankly confess that | do
not understand Einstein; frankly
confess that | do not believe the sena-
tor from Pennsylvania understands
EinStein. l frankly confess | do not
believe the senator from Connecticut
(Mr. Brandegee) would even contend
that he understood Einsteht. and | do
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20
Woman Rans2cks World for Adornment
/, support the feathers of that

handle to support the feathers of that
bauble.
"Carelessly tossed aside in the
warmth and light of the theater lies
the luStrious sable wrap. The hun
dred or more of little 1S-inch dark
brown animals, required to make this
coat, tempted trappers into difficult
and dangerous enterprises on the fro
zen areas of northern Russia and ST.
IBERIA. The fragrance that intrigues
your senses is probably the distilled
petals Of roses grown in the fertile
valleys of Bulgaria. A Chinaman in
Shantung shed his queue to furnish
the material for the net that holds
the couture in unblemished continuous
undulations.
THE ropes of cleaning white pearls
that caress her throat were probably
gouged from the hearts of the huge
thick shelled oysters of the South
seas, Australia, Philippines and
Burma, or from the small thin shelled
ones Of Venezuela, Japan, Persia and
Ceylon. The platinum for the clasp
came from Colombia, and the dia-
monds which stud it may have been
taken from the dark interiors Of sub
terranean depths in Brazil or South
Africa to be polished by diamond cut
ters in Antwerp, Amsterdam or
Bruges."
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20
In Ante BelIum Days.

The Waterloo Democrat prints the
following copy Of sale bill of 1850
IL years ago-the like of which was
never seen In this neck OF the woods.
says an exchange:
Having sold my farm and intend
ing TO move to Missouri, | will sell
Mt public sale l mile west and four
miles south of Harrisburg, Kentucky.
Saturday, September 26, 1850, the fol-
lowing described property, to-wit !:
One buck niger % years old, weight
210 pounds; niger wenches from
18 to "A years old; niger boys g
years old, ID niger hoes, one pine
sled, 9 yokes of oxen well broke, 10
OK yokes with hickory bows, two OK
ears with 6inch tires, saddle. three
double shovel plows, 10 and 12-lnch,
26 l-gallon whisky jugs, 100 gallons
Of apple cider, l barrel of good sor-
ghum, barrels of soap, . barrels of
kraut, extra good niger whip, 2
tons of tobacco, 2 years old. Terms
cash. l need money.
JOE COOLEY, Owner.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20
BUNGALOW MAKES
FINE FARM HOME
Has All Comforts and Convent
ences Of City House.
NO WASTE ROOM IN This
Homes Of the Type Shown in This
Design Would Stop the Wholesale
Exodus Of Young Folks to
Crowded Cities.
BY WILLIAM A. RApEoRp.

Mr.. William A. Radford will answer
questions and give advice FREE Oh
COST on all subjects pertaining to the
subject Of building. for the readers Of this
paper. On account Of his wide experience
as Editor Author and Manufacturer h.
Is. without doubt. the highest authority
on all these subjects Address all Inquiries
to William A. Radford. No. 1871 Prairie
avenue. Chicago, H.. and only inclose
two-cent stamp for reply.
Keep the boys on the farm" is the
cry from public speakers, magazine
writers and welfare workers all over
the country. I'VE must stop this
wholesale exodus to the crowded cit
ies'-etc, but in most cases these
well-meaning people overlook one of
the fundamental causes of this drift
to the cities. Farm boys would STAY
on the farm If there was not some
thing radically wrong. and if you in
vestigate the case of the young man
who leaves his father and mother to
live in the great crowded city. you
Will almost invariably find that condi-
lions existing about his home were
such that he could not help but leave.
Very often it is the drudgery which
he was forced to endure because of
antiquated methods in the farm build
inSs, and very frequently it is the
farm home that is directly response
Bile. Too often this important factor
in farm life has been neglected, too
often it has been merely a shack or
shelter with little convenience and
comfort. If more farm homes were
built on modern basis there would
be little need for propaganda, articles
and speeches to exhort the boy to
stay at home. A comfortable home
would be the most powerful attrac-
ton that could be offered
That is why coy bungalow home
of the type shown here with floor
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20
ARE KNOWN BY THEIR HATS
Variety Of Headgear Distinguishes
the Various Tribes in the Cap
ital of Persia.

Every city, town or district of any
Importance In Persia Is sure to have
representatives at the capital, Tehe-
ran, and there are picturesque repre-
sentatlves of numerous tribes as well.
The readiest means of distinguishing
the latter is by their headgear, says
writer in the National Geographic
Magazine.
The kurds, of which there are 6OO,-
600 In the country, wear hats which
look for all the world like huge, in
verted black coffee-pots bound round
with gay silk handkerchiefs. The
Bakhtiarls, from the mountains In the
direction Of the British oil fields, in
southwestern Persia, whose chiefs
maintain a numerous retinue I'm Te-
heran, wear white felt preserving
kettles. In fact, a dissertation on
masculine Persian headdress (women
are not allowed to wear hats) would
give ready key not only to recogni-
tion of the different races Of Persia,
but even of the different classes of
society, since hats are rarely removed
except when the owner sleeps, and
vary In appearance and dimensions
| from the huge, pillowlike turban of
the mollah, or lady's woolly muff of
the Persian Cossack, to the round
brimless felt or lambskin cap worn by
the middle and upper-class urban
residents.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20
NATIONAL CAPITAL
gGjII AFFAIRS RpiH6
anna Tolls VIII Cause Big Debate

Senators Borah. Knox and most 9th
er advocates Of toll exemption hold
that such legislation would not be in
contrayention Of the Hay-Pauncefote
treaty with Great Britain, under
which the United States built the
canal. They contend that the provi-
sion for equal passage terms to the
ships OF all nations applies only TO
the ships of all nations other than the
United States.
President Harding fayors toll exemp-
ton but has indicated that ii should
be achieved through a new under
standing with Great Britain.
Last year the canal earned S10,295..
362 in tolls, of which S4,T24, 494 was
paid by 1921 American ships; $685.
357 by S67 British ships; S5S3643 by
122 Japanese ships, and S411. 422 by
III Norwegian ships. total of 2 s14
vessels, representing more than Is ma
tions, passed through the canal.
The maintenance cost. including
100000 for betterments. was $7.4IS,
272, leaving a surplus of S2,S47 900.
OF the 1924. 024 tons of all Ameri-
can shipping, 3,9S6,755 tons, or less
than one-fourth, passed through the
canal in 1920.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-05-20

-Iiy p.ay ius with ias--jusi - mn
10 man-nuieh tEsat yon knoa AN
al thai-shouing me- whatever Is
worth see.ns. Not risque lhings-l
hate hith-buI places and people
Wllere can't go alone and where dear
old Polly won't care "a take me. You
wont ct musly like the men al home
-hecnuse Of Betty. yOu know-we can
be- just pals. playing In the sunshine.
Don't you think II would help youi
Maybe a lott"
Il am sure u IT," Morton said al
most gayly. "lie plan Is heavenly
except for the Dutch treat regulation.
Won't you relax thatT I'm not quite
a pauper. II the play did get itself
damned"
cried gleefully. Dutch treating may
go hang-but you'll take me places,
and then I'll take you to places-snd
we won't ever speak or think Of any
thing so vulgar as money-except
when we are paying the checks"
Handsomely compromised" Morton
laughed. his first real laugh since Bet
~ had sent back his ring He made n
strong mental reservation IA to ~
nances in future. Then trifles being
adjusted he proceeded 10 serious mat
tiers, such as measuring Luck for
collar-a adjustable, of course-and de-
Gliding upon the motto TO be engraved
on il.
Followed three bissful months. The
more he saw of Ruth the more won
derful she became. she had the finest
intuitions, the kindest heart in the
world. They made her deaf to Polly's
entreaties as to absolute ownership Of
Luck.
"A diamond wrist-watch will be
nearly as much trouble and heap
more stylish" she said in mitigation.
Luck Is going home with me next
month; he has outgrown this town,
just as | have, and needs Gods out
doors to find himself in"
How about me? | am under the
Illusion of owning him." Morton said,
over her shoulder
She looked at him In mild surprise.
"Of course you own him-that's partly
why | am taking him-so you will
have no excuse for not coming along