davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-06-15
INVESTMENT NOTES.
Oregon-Washington First A..

Recent selling Of the Oregon WASH
ington Railroad and Navigation Com
pany's first and refunding mortgage
per cent. bonds, due in 1861, their price
dropping under SO to a new low for the
year. has been due to nothing more dis
turbing than familiar realignment Of low
interest bearing coupon bonds to the
flood OF new securities carrying Z or
per cent. interest. At 67A. the bonds
afford an immediate yield of 6.l2 per
cent. and they deserve a high position
on the list of select railroad Investments.
They are secured by a direct mortgage
on 1868 miles of road and other prop
erty. being a first mortgage on SAT miles
of road and second lien. subject to
S23. 900 of the Oregon Railroad and
Navigation Company's consolidated mort
gage As. on 1.116 miles. The payment of
principal and interest on them Is guar
anteed Internationally by the indorse-
ment of the Union Pacific Railroad
Company. Including prior liens. the
bonds are outstanding at the rate OF
S32,219 a mile The mileage covered Is
in Oregon, Washington and Idaho and
forms an integral part of the main line
of the Union Pacific system, providing
the latter with its outlet to Pacific coast
points. reaching Portland, Tacoma, Seat
tie, Spokane and other places. The bonds
are legal investments for savings banks
in Minnesota, New Hampshire, New
Jersey and other States.
The New York herald., 1921-06-15
Central Sugar Issue Coming.

The Central Sugar Corporation has
called n special meeting OF its stock
holders for July TO authorize n mort
gage for $1,000. 900 to be secured by all
its property and that of Its subsidiary
corporation, Central Fe. The mortgage
is to secure an equal amount OF bonds.
which II is expected Will be sold soon
to bankers. In September the stock
holders authorized an issue of a,oo-
900 OF ten year 8 per cent. notes, con-
vertible into the company's common
stock at $40 n share, of which 5000
900 was sold TO bankers for around s.
or ss Commenting upon the situation
confronting the comp n.y. Charles J.
WEIGH. it's president, said in part Inv let
ter to its stock and note holders: 80 far
as can now he determined the only
possibility of raising necessary funds
for completing construction, for dead
season expenses and Go satisfy creditors
is through the creation of MORTGAGES
upon all or part OF the property OF
both companies In Cuba. II Is by no
means certain that this will be effec-
tive, but no other practical solution OF
the situation can be seen. Haste Is i'm
portant and the board VIII be aided
by having the necessary authorization
for the mortgages in order that such
use may be made thereof as may he
necessary to save the situation, II pos
BILE"
The New York herald., 1921-06-15
Columbia Gas 5s.

Because Of their comparatively early
maturity in 1927 the Columbia Gas and
Electric Company's first 5s, due in 1927,
return better than 8 per cent. and are
we'll enough secured to satisfy the crit
ical investor. Steady expansion OF
earnings has been reported by the COM
pany during the difficult war years. In
1920 the company's balance over and
above all interest charges was $4,S36,-
Sal. Only s575,125 year is necessary
to meet the interest on its first 5s, $11,-
502,500 of which are outstanding. In
1915 to 1919, both inclusive. the COM
pany's average annual income available
for the bonds was $2,SSS,200, or more
than five times it's interest require
ments. AS holding corporation 1t
controls the Cincinnati Gas and Electric
Company, the Union Gas and Electric
Company, the Cincinnati Gas and Trans
portation Company and other light and
traction properties. One of its most inn
portant subsidiaries is the United Fuel
Gas Company, a large gasolene pro-
ducer. The total gas area owned or
controlled by the Columbia Company Is
approximately 100000 acres. The
company is paying 6 per cent. annually
on its stock, it's dividend having been
increased from per cent. about six
months ago.
The New York herald., 1921-06-15
Anaconda rs.

In view of the strength and stability
of the Anaconda Copper Mining Com
pany it's per cent bonds are con-
sidered attractive at current prices. at
which they yield approximately s.45
per cent. They were offered originally
at 96L and their present market Is
around 92N. The bonds are direct
obligation of the company. and are Sc
cured by pledge of all stock in various
companies which it owns. The company
covenants that it will not mortgage,
pledge or suffer any other charge to
be imposed on any of its fixed assets
without providing prior security for
the bonds and for their payment in
priority to all other obligations. It's
earned surplus shall be maintained al
ways at an amount at least equal to
the amount of the outstanding bonds.
The authorized amount of bonds was
$50, 100000 divided into $4,000, 900 of
6s. series A. and $25,000,000 of Is,
series b. They are due on January l..
1929. The series B bonds are redeem
able on any interest date at par and
interest plus a premium of one-half per
cent. for every year or part thereof by
which the maturity is anticipated The
series A bonds are not redeemable. The
company is one of the largest and
strongest copper properties In the
country.
The New York herald., 1921-06-15
Alabama Power Offering.

Harris. Forbes & Co. and Comm &
Burr. Inc, are offering $2.500,0 900 of first
mortgage lien and refunding per cent.
bonds of the Alabama Power Company
at SAX and interest to yield about 1925
per cent. The issue falls due on June l..
1851. Besides being secured by general
mortgage on the comany's property. the
bonds will be secured by the pledge of an
equal principal amount of first mortgage
per cent ponds, The indenture will
provide that the company shall Issue no
additional first mortgage bonds except
for pledge as additional security behind
the new issue. The net earnings of the
company have been running at a rate Of
more than two and three-fifth times the
interest charges
The New York herald., 1921-06-15
Average Bond Prices
June IA, 1921.
Van Camp Packing Offering.

The Van Camp Packing Company,
Inc, has sold to E. II. Rollins Sons
$3.O00,000 of its first mortgage per
cent. twenty year sinking fund gold
bonds and the issue is being offered by
these bankers to-day at SO and interest.
to yield $40 per cent. They are re-
deemable as whole or in part for sink
ing fund on forty days notice at 107h
and accrued interest. The company ac-
quired recently the property and assets
of the Louisville Food Products Com
pany. The fixed assets covered by the
mortgage with allowance for subsequent
depreciation show a sound value of
S6,654,S6S, or more than $4,000 for a
81 900 bond. The company's net working
capital on March 81 was about
$4,000,000.
The New York herald., 1921-06-15
SUGAR.

There was i4c. decline In yesterdays
price Of raw sugar on sales of about
%. 600 bags OF Porto Rico in port. afloat
and for shipment this month. at &c. G. t.
r.. equal to a cost ana freight price for
Cubas OF 2.f0c. The decline carried
prices to the lowest point of the last five
years and at &c. refiuers are expected
again TO readjust list prices. possibly as
low as Sac, basis fine granulated. al
though at the close list prices remained
unchanged at SC. less per cent
The range Of prices in yesterdays g
sugar futures market follows:
The New York herald., 1921-06-15
PRAIRIE or DIVIDENDS.

The Prairie oil and Gas Company has
declared the regular quarterly dividend
Of SO a share and an extra dividend OF
SO a share on its capital stock, payable
on July 30 to stock OF record on June 30.
Heretofore the company has been paying
regular dividend Of SO and an extra
quarterly dividend Of SO. and consequent
" the action taken yesterday means a
reduction of 81 share IN the quar-
terlv disbursement.
The New York herald., 1921-06-15

into final form within the next two or
three weeks. the date OF announce
ment remains undetermined The ar
ticle by Samuel o. Dunn in the cur
rent issue OF tho RdiiirdU igc. in
which he reviews the benefits OF five
years OF rcceivership. during which
earnings have been ploughed back into
the property, and estimates the com
pany's prospective earning power has
aroused much interest in the financial
community.
The New York herald., 1921-06-15
Textile Bonds Yield $40 Per Cent.

A syndicate headed by the Central
Trust Company of Illinois, the Federal
Securities Corporation Of Chicago and
Hambleton & Co. began yesterday the
sale of So, ,500,0 900 of first mortgage twen-
ty year sinking fund per cent. bonds
of the Consolidated Textile Corporation
at 80 -nd interest. to yield approximately
$40 per cent The bankers reported sat
sfactory sales. The property covered by
the mortgage Is valued in excess of s1O-
900, 900 and consists Of real estate, plant
and equipment owned directly by the cor
poration. Out of total OF 72S.000 spin
dies in all the mills owned and controlled
by the Consolidated. the mills covered
by the mortgage have total Of 10000
at the rate of about $3.50 spindle.
The replacement value of spindles is now
estimated at s55 each. The circular
issued in connection with the bond sale
signed by r. X. Rupprecht, president of
the company. said that the mills were
running at 90 per cent. of full time ca
pacity. several being operated on over
time
The New York herald., 1921-06-15
subscriptions close june ~.

PARIS. June 14--Announcement that
subscriptions to the new issue Of Treas
ury bonds will be closed on June q,
four days earlier than planned. was
made here this morning The new loan
was opened on May 2S. and plans made
by the Government Indicated that the
issue would not be limited. The bonds
will run for two years and bear s per
cent. interest They will be accepted for
more than their face value for subse-
The New York herald., 1921-06-15
couNTnarErr s2o n,tL orT.

Tho FEDERAL Reserve Bank has sent
out warning Of q new counterfeit $50
Federal Reserve not found b. tho So we.
Service. The spurious bill is described
as "a poor photo-mechanical production.
printed on one piece Of paper. no attempt
being made 20 initiate the silk Abre Of
the genuine notes"
The New York herald., 1921-06-15
I-tics Honds offered.

The city OF Utica. New York, has
awarded a new issue of 100000 OF cou-
pom 5is per cent. bonds TO Sherwood &
Merrified. They mature annually from
1922 TO 1871. and arc being offered at
prices yielding 5A to per cent
The New York herald., 1921-06-15
American Sugar Refining.

Rumors persist in investment banking
circles that considerable amount OF
American Sugar Refining financing Is
imminent. No definite information was
obtainable on that point yesterday.
The New York herald., 1921-06-15
w., r. aud g. REORGANIZATION.

Two more committees representing
bondhoders have fallen into line in
tho reorganization pan being formu-
lated for the Missouri Kansas and
Texas. Although managers OF the re-
organization expect TO whip the plan
The New York herald., 1921-06-15
RAW.


HARRIsBURG, June 14.--Fire to-day de-
stroyed the garage Of ". w. Aitken and
damaged nine houses. causing a loss Of
100000.
The New York herald., 1921-06-15
JUNE IA, 1921.

quent loans. and provision has been
made that they may be transferred by
Endorsement. which will permit them to
be circulated.
The New York herald., 1921-06-15
st. Louis and San Francisco ss.

st. Louis and San Francisco income
mortgage gold 6s of 1860 and adjust
ment (cumulative) gold 6s of 1856 ap
pear 10 possess speculative possibilities
superior to not few railroad stocks
and offer high income return, the
income 6s selling on a 11.S5 per cent.
basis and the adjustment IS on one
of 9.65 per cent. Because Of the large
amount Of speculative buying and sell
ing OF those issues they have moved in
the last few years over relatively
wide range. providing more action than
better secured bonds and as much as
is to be obtained by following fuctua-
tions Of many lower priced railroad
stocks The income SIS. the chief diff
ference of which from the adjustment
6s Is that their interest is not cumula-
tive, have ranged between 80 and 65
since their issuance in 1916. The ad-
justments in the same interval have
ranged between 54 and S9is. Both bonds
are quoted well under their high points.
although the earning outlook for the
st. Louis and San Francisco is encour-
aging. Indeed. during the first three
months of this year. when many roads
failed to earn their charges. the Frisco
earned its fixed charges 1.5i times and
had a balance for it's stocks after in
terest charges on its income and adjust
ment bonds. Interest on the income
bonds is paid but once year. on Oc-
tober i, IL and to the extent that the
companys net available income shall
suffice. Interest to date has been paid
in full. The adjustment 6s are prior In
lien to the income bonds and In addi-
tion interest Is cumulative. payable on
April and October /. There are $3s,-
76S,093 of those bonds outstanding and
S35, 1872, 900 of the income 6s
The New York herald., 1921-06-15
Inuestor and Bond Trader

MInvetmn tfrnsap in coum will furnish.
lNINTE. o will
|lNN/ L meet individual
The New York herald., 1921-06-15
Yield $50 Per Cent. for Long Term

The chance for investment In a good
public utility bond which will yield about
$50 per cent. for thirty-ive years Is
offered by the Public Service Company
of Northern Illinois, first and refunding
5s. due on October /. 1855. The bonds
are listed on the Chicago Stock Exchange
and have been very thoroughly dis
tributed among investors. banks and in
surance companies offering an assurance
of ready marketab bility. They are a di-
rect obligation of the company and are
secured by mortgage on its fixed assets
The issue is followed by the companys
dividend paying stocks. having a present
market value OF more than s19,500. 900.
The territory which the company serves
is one of the best in the country for the
operation of a company OF its character.
as II includes important manufacturing
and residential districts surrounding Chi
cago and fifteen counties in northea stern
Illinois. The company's earnings have
shown substantial gains from year TO
year and it's net earnings are more than
twice the interest requirements on its
funded Indebtedness. It's gross revenue
amounted in 1920 to siI.etae4O. con-
trasted with s9.325.o1s in 1919. and it's
1890 net earnings totaled s3.92O.71
against s3.S12,11S In 1919.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-11-20
ELOPEMENTS NOT POPULAR
HERE WITH FAIR LOVERS


June Is the most popular month
in the year for weddings and the
marriage license bureau reports the
month Of roses retains the lead in
total marriages. with perennial reg
ularity. The present year has been
somewhat OF an exception, however.
for the month OF October Just pass
ed. with a total OF 126 licenses is
sued, equals the record OF last June
when exactly the same total OF mar
rage licenses was issued In June.
1920. the total reached high water
mark when 1S4 licenses were taken
out while June, 1919. the records
show. had a total OF 166 for the
month.
The figures not only represent
marriages performed in South Bend
and A1ishawaka. but also include
many newlyweds from outlying
towns in St. Joseph county and
other points in northern Indiana
and southern Michigan. Estimates
place the total OF South Bend and
Mishawaka marriages at about so
percent Of the total licenses issued.
The remaining 20 percent are from
the outlying towns and cities in i'm
mediate vicinity Of South Bend.
Wolverines Elope.
A large percentage Of elopements
are parties from small towns OF low
er Michigan who come here to avoid
parental objection. An unusual fea-
ture OF the Indiana law governing
issuance of marriage licenses makes
IL impossible for the clerk TO issue
I a license TO prospective matrimonial
aspirants II the woman 10 the con-
tract comes from another county
Of Indiana than the county in
which the application for license IS
made.
A woman from the state OF Mich
/ igan or the state OF Ohio would not
/ be faced with this objection on the
/ part of the law. yet a woman from
/ Hudson lake. in LaPorte county
would find this a barrier IN procur-
/ ing the necessary license to wed. II
she applied with her prospective
+ spouse at the county clerks Office
i'm South Bend Why the law has
been framed In this manner Is un-
Determined but the fact remains a
Michigan girl has the edge on a La
. Porte or Allen county lass in coming
TO South Bend 20 be welded.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-11-20

Miss Windsor and Miss Harris
that IS. insofar as we interpret those
outlines In terms of characteristics.
I would be inclined TO believe.
however. that The determination I
have spoken Of would make IL pos
sible for Mics Windsor 10 overcome
tendencies 10 clash such as marked
the Chaplin-Harris marriage; or 70
might work In just the opposite d-
rection. If the young lady were so
inclined.
A second trait. which might give
Miss Collins a bit the best Of things
is that Of being perhaps more prac-
teal The double combination OF
patience and praticallty Is not COM
mon i'm a woman, and it's a good one
so bet~on. But we find in her profile
also a woman Of high texture and
eXc,tability; woman who makes
intellectual progress, but not with
out nervous tendencies and tempers
and moods
Miss Collins leads.
Tn either woman, then. we find
qualities that would clash with
Charles nature. unless they were
repressed. That is why I have said
that it's q toss-up as TO which would
be more congenial. and fin giving
the edge to Miss Collins I have con-
sidered that the practical minded
ness and patience her features indl-
cate would be most likely to over
come possible antagOnistic elements.
Also I have taken into considera-
ton the Chaplin qualities that. 70
me. seem to give Miss Collins a lead.
Chaplin has a plane upper" and
convex lower" The plane up-
per POINTS the capacity for thought
and action I have mentioned. Were
ne really considering which OF sew
eral women 10 choose he would give
30 the most careful thought: ne
would be likely TO attempt to avoid
such clashes "a ne may have expert
cnced with his first wife In other
words he is likely 10 use modera-
ton. He has the advantage over
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-11-20

other types in reason and judg-
ment
But. while his mind is influenced
by the plane upper" we cannot
forget that his actions and physical
qualities come under the influence
Of that convex nose and Jaw
Right there comes the oftlmes start
ling qUickness Of action. once a deci-
sion has been reached.
Secret Of his Genius.
Right there, too. lies much Of the
secret Of his acting genius. Having
carefully studied his stunts. he can
enact them in double-quick and hi
larious time.
we can also observe traces OF
irritabilty; an inclination 70 go to
extremes IN his likes and dislikes
and an Impotence.
Wore Il not for the episode OF
Mildred Harris I would not, then,
give either OF the figures I'm this
suspected romance a head start. but
recalling that Miss Windsor shows
many characteristics Of disposition
that are shown also 10y the profile OF
Miss AAai u.s. anu lah4N8 lnLO COntlu-
Grafton the Chaplin profile. there
would seem to be some reason for
hazarding the surmise that Miss
Collins is likely 70 be IN highest fav-
or
It must be considered, however.
that my analysis IS based merely
upon a pictorial profile study, and
only after 4 most careful scrutiny
OF a dozen other details Of physi-
economy would I ATTEMPT to make a
more definite diagnosis
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-11-20
DOES CHAPLIN'S FACE HINT AT HIS
HEARTS DESIRES? ANALYST SAYS SO
ProfiIes of Women the Co
median Admires Are
Studied by Expert.

Los ANGELES. Nov. 1e.-Claire
or May?
There's no way % knowing what's
"ln the cards" or in Charlie Chap
Inns mind regarding rumOred mat
rimonial inclination
But what's Ga his face and theirs
is another matter.
The new art OF character analy-
sis az q glance" teaches that there
81 a stop, Look, LISTEN" sign on
every face which. could 81 be read
by everyone. would eliminate con-
siderable trouble on the roads Of
life particularly the carelessly traf-
fcked matrimonial highway.
Do tho prohles OF Claire Windsor.
May Collins and Charlie Chaplin be-
tray how the famed comedian Is apt
% choose Both Of these screen
stars have admitted that Chaplin zig
the most interesting man" they
know. DO characteristic indicated
by the profIes show that either OF
these dear friends" would make
the better mate2 Is there anything
20 explain the clashes that marked
ChupIn's marriage 90 Mildred Har-
rise
N. r. Drum. a leading exponent
OF facial analysis and vocational
and character expert. has under
taken 20 sum up briefly what the
profles convey 20 him while there's
more to be considered than mere
prohlcs n a detailed verdict IS TO be
rendered ssuch as general face con-
struction. conn lexion and many In
tricate sidelights-the profile can
tell lot he claims.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-11-20
Business Depression Hasn't
Kept Them From Getting
Married, Anyway.
By O. d. QuinIdn

Claims made by larger cities OF
the United States that Opponents
are increasing in this country and
that more marriages are performed
By justices II the peace than by
clergymen are not shown 20 be true
in South Bend. Perusal Of the rec
ords at the county clerks office
here indicates the accredited clergy
man Of established churches Of the
city continues first choice in the
minds OF marrying couples.
About one IN every 10 OF the II
censes issued at the clerks office,
II has been learned. are Opponents,
although many might not, strictly
speaking. be classed in that cate
CORY.
Students OF Notre Dame univer-
sity, on many occasions, have re-
turned 10 South Bend from various
parts OF the country and had their
marriage ceremony performed here.
Collegiate atmosphere and environ
ment. in many cases has been the
dominating influence. rather than
by justices Of the peace than by
Depression No Bar.
Statistics furnished at the coun-
" clerks office show that despite
Industrial depression for severa
months East, the record Of mar.
riages in South Bend has kept pace
with that Of previous years and
| there is no cause for alarm at ar
alleged falling off IN matrimonial
alliances reported generally preva
| lent throughout the country.
During 1919 there was a total o.
/ 1896 marriage licenses issued at tn,
/ county clerks office. In 1920 the TO
/ tai was 1.447. a substantial increase
/ For 10 months during 1921 the to
| tai reached 1,121 and a fair averag,
basis leads TO the belief that the to
tai at the end OF the present yea
viii reach 1.40O, a substantial mar
gin OF increase over the licenses IL
sued in 1919 and but a compare
/ lively small falling off from the fig
ures Of 1920.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-11-20

Vocational and Character Analyist)
Charles matrimonial choice.
when made. viii be made AZ his leis-
ure And rher he viii decide so sud-
denly as 90 startle very probably,
the bride-to-b he herself
That's a characteristic shown IN
ChapIin's face The race-rcader
would call him a "plano-convex'
type; that is ne has convex lower
section OF the face and a plane up
per section.
His profile shows that he thinks
things ont carefully; gives them
rigid study. carefully considers de-
tails. decides what he wants and
then-he acts like a fash He wants
things 90 move with a snap.
don't know what the divorce
papers show. that's not my bust
ness. But q glance at the convex
lower OF Chaplin and his former
wife. Mildred Harris, indicates their
source OF greatest irritation.
Both Girls Even"
Here we find two people. both
wanting something TO happen with
snap and verve just SUPPOSE they
each wanted something different.
which IS common with husband and
wife. and they desired it 20 happen
just when and just the way each
wanted it-and. az course 70 didn't
can't YOU see the eternal mess things
would get intO2
50 far as prodles show. T would
declare a toss-up ON the question