davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-11-14
How to Find Yield

Qucstion-wll you please tell M. how
cent gold bonds at sho present market
price? Can you give me the rule by
which can figure the yield when bonds
are seiling above psr?--M. G.. d.
AnsweT--Pennsylvania Railroad Z per
cent bonds. due 1880, we're recently
selling at i05la at that price the true
yield to maturity is GIG per cent. To
find the exact yield of bond, selling
either at premium or at discount, re-
qaires a long elaborate, mathematical
process, and bond tables have been pre-
pared showing this true yield. You
can buy bond table book or you can
arrive at the yield roughly by taking
the number Of years which the bond
has to run and dividing it into the
number of points Of premium or dis
count. The Pennsylvania bonds have
about eight years 30 run, and are sell
ing at 5H points nrcmium s goes
into b5 approximately 2 times. You
should, therefore. subtract 7 torths
Of one per cent from the current
yield. This s TOO high actually, and
the bond table shnws current re-
turn at 6.e4, and yield 20 maturity
at 6.lg.
New-York tribune., 1921-11-14
Ought 10 Have Moro Insurance

enthusiastic over Union CARBIDE, laying
particular stress upon an undivided sur
plus 1t possesses and Its earning capacity.
AS a reBolt ct his suggestion / am con-
sidering purchase OF about thirty five
the Chicago stock Exchange ana was
recently quoted around forty three. DO
you give this stock an investment or near
Investment rating can afford TO take a
business mans risk Nouid you also
pass an opinion upon my present holdings
add that am thirty-seve years OF age,
single. but hnvc dependent parents. Can
gave about $500 4 year from my salary.
Alse carry $1,000 straight life insurance.
one $1,000 per cent Straus plan bond
(recently issucd). one $1,000 Ter cen,
mortgage (subserlptionl, one $1,000 per
cent st. Loiis & San Francisco series a,
63I2 shares, American Telephone s. Tels-
at 60; IL shares American Telephone &
Telegraph, average of l0i; ten shares
Ncrth American preferred at s5M; ten
1854: sasS ~ per cent various issues OF
Liberty bonds, ten shares Columbia Gas 81
Electric common at COZ. Would you sug
gsst any changes and have arranged them
ring of course, the Libertysr--W Il l.
Answer--Your arrangement of your
investment Is just about the order In
which we would have arranged them.
We would classify Union Carbide stock
as. an attractive business mans specu-
lation, rather than business mans in
vestment. With dependent parsnts. we
would be strongly inclined TO incrsrge
the straight life insurance that you are
carrying.
New-York tribune., 1921-11-14
Meeting Protests
Alleged Brutality
Of Poles in Wilma
Observation-Disclosures Send
Petition TO Washington to
Use Influence; Congress
man Chandler Speaks

More than 1000 persons attended 2
mass meeting at Cooper Union Hal
yesterday afternoon, called by Ameri.
ar-Lithuanian organizations Of Great.
er New York to protest against recen-
alleged brutalities by Polish officials
in Wilma. The meeting adopted rsso
lutions addressed to President Hsr-
ding, Congress and the Conference Oh
the Limitation Of Armament, in which
It was asserted that Polish soldiers.
under General Zeligowski, Continued b.
occupy wilma in violation OF the Polish
Lithuanian treaty and regardless Of re-
peated rulings of the Council Of the
League of Nations.
Declaring that Lithuanian college
and orphanages had been ransacked b.
Polish soldiers and police, and the stu
dents and inmates abused, the resolu-
tions petitioned "the American govern
ment to use its moral and human
tartan influence with the Polish gov
ernment to induce her to cease such
outrages in Wilma territories and II
curb the inlperialistic activities of Pc
land" In conclusion the resolution
stated that "in our opinion it would b.
to the interest of the United State
that no further assistance, whether b
loans. credits or supplies. be granted
by America to Poland, until the Polls
government stopped such outrages an
had given guarantees of its intention
and ability to maintain peaceful rela-
tions with Lithuania.'
The Rev A. NJ. MiIukas, Of the
Church of the Transhguratio of Mas
peth, L. l., who presided at the meet
ing, said that, on October 3, Polish
forces drove 1,500 orphans into ths
streets and seized banking institutions
operated by Lithuanians.
Representative Walter NJ Chandler
Of the 18th District of New York, tod
of visit he had made to Lithuanis
He denounced the activities of the
Poles and said that Lithuania wa
ready for independence. because of he
territory, population, intelligence and
history.
Other speakers were Leonard Sin1u-
It's. Stasis E. Vitaitis and Joseph
Sirvydas, editors OF Lithuanian news
papers published in New York. The
meeting contributed $1,000 to a fund
for the relief Of the needy of Wilma.
New-York tribune., 1921-11-14

British Trade Outlook
Cro,cs Steadily Brighter
Improvement in October and Government Off.
cials' Encouraging Statements Are Factors;
Economy To Be Stressed to the Utmost

year presents many difficulties, for
then the income tax yield will be much
lower, as 1t will be paid on an average
OF three years of which one was ex-
ceedingly poor. Only arrears will be
collected under the excess profits duty
No Profit From War Stocks
There will be virtually no profit
from the sale of war stores, as they
are already practically exhausted.
Even more important is the fact that
next April Britain will have to resume
payments OF interest on the debt to
the United States, which means $780,
100000 in addition to accumulated in
terest amounting to $500 900, 900.
AS the government and other ex-
perts see the situation, Great Britain
must eccnomize heavily. and also work
for stabil cation of foreign markets
ordinarily buying British goods. That
the government is tackling the prob
lem OF economy seriously is evident
from the way it handled the question
OF unemployment allowances and its re-
fusal to subsidize coal miners, many of
whom are now drawing scarcely Il liv-
ing wage.
Premier Lloyd George recently ex-
pressed the deepest sympathy for the
miners, but said he could make no
promise of national assistance. SINH
larly the government adopted most
unpopular position during the Parlia-
mentary discussion of unemployment mt
allowances.
Economy Only Defense
The Labor and Liberal rartaes criti-
cized the governments policy, and
Lloyd Georges spoke made no at
tempt to justify it except on the
ground of pressing need of economy.
The government is now taking far
sighted view and attempting to solve
the difficulty by radical measures.
Ii the Washington conference serves
to rectify some of the mistakes com
mitted in Paris. there is bound to be
an improvement in the economic posi-
ton OF Europe.
That the German reparations pro-
gram will be revised is virtual GER
tainty, but whether revision will take
place before next summer it is impos-
sible to say.
British business interests are lust
as deeply interested in the results Of
the Washington conference as the
statesmen upon whom rests the re-
sponsibiity for advancing the welfare
Of the nations they represent
New-York tribune., 1921-11-14
Legal for Trust Funds

Question .wii you recommend legal
trust fund bond value $1,000 long term
Also name few good - bonds for invest
not legal trust fund bonds. that look safe
to yield 6 or { per cent. Il p.
Answer-BufFalo, Rochester & Pitts
burgh general SIS. due 1887, arc legal
for trustees, and recently sold at 9iSs
yielding 5.82 per cent. We think them
a good investments. You might con-
slider some of the municipal bonds,
which are legal for investment of trust
funds. The City of Dallas, Tex, 5 per
cent bonds, due eerially from 1928 to
1850, are being offered at a price to
yield from 6 per cent for the longer
matur ties to $50 for the shorter. OF
the bonds that are not legal, but arc
safe Investments in cur opinion. we
suggest Brooklyn Edison Z per cent
general mortgage bends. due 1s4o
recently selling at los: Northwestern
Bell Telephone Is, due ia41, recently
selling at. 1855, and Chicago Union
Station 61ss, due 1868, selling around
i0Tla.
New-York tribune., 1921-11-14
Investment Information

$1,000 Argentine government two-year
per cent, cent, 1a2a; $1,000 Cuban Telephone
hrsJ lien I y per cent. Ig4l: 81. .0D0 New
YORK Tetephore Company az per cent,
1899; $1,000 Chicago. Rock fsland general
as. 1888; $1,000 Pennsylvania general So.
ledS; $500 State Oregon 5'a, 1884; 81 oo0
frovince Ontario per cent, ts43; So Doc
city RIO de Jansirp 8 per cent sinking
fund. 1886 $1,000 Illinois Central equip
ment e, 1885. Suggested purchase by sale
cf $4,000 Liberties New York Telephone
ga per cent tnew issue}, New York Edison
~ per cent; Grand Trunk per cent,
1921; Great Northern rs, 1886. Brooklyn
Edison IS. 1880; Western Union relegrs pin
6ls per cent. 1885, Cleveland and Electrio
Telephone is. 1875; Standard Oil Of New
Jersey blas, 1855; Niagara Falls Power Ga
1850; Adirondack Power 6s, 1a50.--Mss
W. w. L.
Answcr-We advise you not to sell
your Liberty bonds to purchase any
other securities whatever. All the
bonds that are in the list headed
Suggested purchases by sale of Lib
critics are we'll secured, in our opin-
ion. We think that any of them would
be appropriate purchases for you both
with such funds as you may have avail
able from income
New-York tribune., 1921-11-14
From The T,sbnme's Ewropeax Bureau
Copyright. 1921. New York Tribune Inc.


LONDON, Nov 13.---The two speeches
Of the Premier during the week we're
calculated to give greater confidence
TO the business world. Mr.. Lloyd
George told diners at the Lord Mayors
banquet that Great Britain was suf-
fering from an unparalleled business
depression, but that the country was
beginning to climb the crest Of the
wave.
Sir Robert Horne, Reviewing national
finances in the House of Commons,
said the condition was encouraging,
having in mind the appalling" situa-
tion of few months ago.
II is infinitely easier to find material
for gloomy picture than it is to draw
a rosyhued future, but when the
Premier and Chancellor Of the Ex-
ehequer refuse to be depressed, the
business world cannot help but feel
more confident. BY comparison with
last years figures, trade returns have
been poor, but nevertheless have shown
steady increase during recent
months.
Imports Decreasing
Exports have been mounting, not
able feature being increased foreign
sales in all branches of British manu-
factured goods. Imports show d
marked decrease, chiefly because Great
Britain is not buying so heavily of
foodstuffs. An increase in re-exports
also was reported for October. Total
exports for the month were the highest
since March, amounting to f62,500 600.
The adverse trade balance is now s12,-
100000, against SAB 100000 in June
Premier Lloyd George found three
reasons for encouragement: First.
liquidation Of the glut of products;
second, settling down of the labor
world, and third. improvement in Brit
ish credit.
Sir Robert thinks the budget next
year will show no deficit, but the esti-
mated surplus, c97, 900, 900, will hardly
be realized, he declares.
Revenue from customs and excise
levies has been beyond expectations,
and that from income tax and estate
duties has been very good so far. Next
New-York tribune., 1921-11-14
A Young Mans Investments

Question: am a young man thirty
years old who never thought much about
saving until got married two years ago.
] earn 81 600 year, OF which can save
81 600. Recently former employer OF
mine died and lett me $50 shares OF
United Fruit and forty shares OF Standard
Oil of New Jersey preferred, have
bought myself thirteen shares OF American
Telephone and Telegraph and five shares
Of United states Steel preferred VIII
:-o1 kindly toll me what you think Of
these Ftoclss en investment for one In
my position? II you think apy changes
aSvlsmble will you please state them -
r. r.
Answer-Thc stocks you hold are all
good ones and are, in our opinion. prep
er investments for young man in your
position. We. are inclined 10 think,
however, that It would be we'll for you
t, strengthen your investment POSITION
somewhat by devotiug your savings for
time to tho purchase of we'll secured
bonds such as We frequently mention
in this column.
New-York tribune., 1921-11-14
An Investment for 5000

= Question--l have read with interest your
financial column ana would lll<e your sd-
snd wfsn 20 get ss much interest az pos
sible consistent with safety Of principal
and regularity Of income. The posi- biiity
of enhancement is my last con daratfon
am a business woman, without depend
ents, and have already $500 in Liberty
bonds of different issues, bought On sab
Tcriptaon. four shares southern Ca'ifornis
Edison common, dividend per cent: two
shares Texas Power and Light. dividend Z
per cent, and about $500 IN savings and
loan il the company where 7 am er,l-
more Liberty bonds because of their low
coupon rate. Do you think it wise for me
to buy more shares of 5out hern California
Edison. or should ! buy come good stock
of another concern? Perhaps you can name
few worth my limited investment. ! de-
sire a return between I and S per cent. 7
note YOU often recommend bonds
thought | might be able TO buy a $500
bond selling at big discount what is
your qnln9n ct The fqlew,ng sSo0 soth
around so; $500 ST. Louis-ssn Francisco /
pr s cent Series a. 1850. selling around S.;
sfoV nAs 80 Teaas pS owsr ngS gh g
never listed. What IL your opInion OF its
j Y. r.
Answer-Texas Power and Light per
cent bonds, were recently quoted at
so bid, SO asked n think the bonds
are good investments. We think your
suggestion TO buy $500 bond, SELL
ing at large discount is sound one,
ard of the three that you name, we
think the Chile Cooper 6 per cent bond
is the most attractive. Since, however,
you have only $500. the ST. Louis. San
francisco, prior lien series A bonds,
selling at 65, 1925 for $500 bond, is
good investment, better at present
nrices, we think, than many preferred
stocks, especially If you are not sub
ject to the income tax. # you should
choose preferred stock, we think YOU
should further diversity your invest
ment, rather than to put more in
Southern California Edison We sug-
gest Corn Products preferred and
Standard Oil OF New Jersey preferred
New-York tribune., 1921-11-14
Manitoba Power

Question--Will you kindly give me your
opinion Of the new issue OF the Manitoba
Power Company, Ltd. which is being
offered by Kissei kinnieutt & Co. at 90
Do you consider 1t the right kind Of
nrestment for sslaried man. AL
ready have eonae Liberties. $1,000 Bra
ziiisn. $1,000 Rio de Jareiro, $1,000 city
of Copenhagen 5As--A. =. IL
Answer--Tho Manitoba Power 7 per
cent bonds are guaranteed principal
and interest by the Winnipeg E ectric
Railway Company. The earnings of
the Electric Railway Company are suf-
fcient to make this guarantee Of
real value and we consider the bonds
good investment for a man on a
salary
New-York tribune., 1921-11-14
Japanese Ship Men Coming
Shipowners Will Give Luncheon
at the Whitehall Club

A luncheon in honor of the ship
owners and merchants OF the japanese
Business Mems party visiting New
York will be given by the American
Steamship Owners Association at tho
Whitehall Club at 1890 Thursday. Nc
vcmher II. Alfred Gilbert Smith
president of the New York and Cuba
Mail Steamship Company, is chairman
of the committee Oh arrangements.
New-York tribune., 1921-11-14
Wants to Sell liberties

Cuestiou--.l ain widcw about firty ana
nave rscertly invested Insurance. money In
the fos'ow Ing bonds and would lika to ratea
the average nrcenssfe OF earnings 10 q
rer csnt- NV Liberties pull Ii down TO Az
por cent. Will yeu kindly advise me II it
would be ~''se 10 sel: scsns of tMa,n and
purchase otter bonds 10 average bar
cent as psr l~t following? yoar advice
would be greatly appreciated. Owned row
New-York tribune., 1921-11-14
The " eek in Retrospect

3!onday-Marks fall here to new low
evel at 321e Of a cent.
Tuesday-Break in marks in Berlin
% record low level at 800 to the dollar
Thursday -- Eastern railroad execu-
.ses : n aacni. 10
asr cent wage reduct IN. Untitled or
isrs of United States oceel Corporation
aecIine 278,54l tons.
New-York tribune., 1921-11-14
Opens Rio de Janeiro Branch

The New York agency Of the Cana
dian Bank of Commerce announced
Saturday the opening Of a branch Of
the bank in Rio de Janeiro, Brazil, in
charge Of E. b. Ireland.
New-York tribune., 1921-11-14

Questions Of general intereet to ;n-
rsstoYs wili be ansWcrcd in this col
unan, an Whioh case only initials piti
be used. Others wiu be anssoe red by
nlail. Address oil inquiries, ;aeios.
laq q stamped. addressed enpelope, to
Financial Editor, The Tribune. 154
-sessaW Street, NeW York City.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29
GAIN MILLIONS
BY DECISIONS
SuDEene Court Rulings IN ncsme
Tx Cases Greatly Strengthen
Government Flnanees.

Washington. March =. - Treas
|ury omcials, in studying today the
decisions handed in the income tax
cases yesterday by the supreme
court, expressed the belief that
regulation under the revenue laws
by which taxes have been collect
Cd since 1916 had been greatly
strengthened. The decisions hold
ing that any gain derived from cor
porate securities or corporate as
sets, and any increase in the value
Of capital investment, when real
lied. is taxable as income. will
mean. that the treasury will be en-
abled to retain funds estimated at
several hundsed million dollars in
volved in litigation. or paid under
protest pending = decision by the
supreme court. It will be some
time before officials can give an
estimate Of the actual amount Of
money involved in the decision. be-
cause auditing of tax returns by
the treasury is far behind. returns
for the calendar year 1917 not yet
having been completely checked.
Officials said, however. that they
expected soon to. be able to state
the direct effect Of the decisions on
the treasury's department Of rev.
enue policies.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29
ORDINANCES On
PAVING PASSED


.Thre paving ordinances were
adopted and one vas brought up for
consideration before the city COM
missioners Monday afternoon. Work
to cost $s9.009.S0, is covered in the
ordinances.
Three ordinances introduced Z
week ago and passed yesterday
provide for the following work.
Paving Thirteenth street with
asphaltic. concrete from Eighteenth
to Nineteenth-and-a-hAlf avenue,
and Observation-Disclosures avenue
from Thirteenth to- Twelfth street,
Estimated cost Of the work il $12,-
32s..
Paving Seventeenth avenue with
asphaltic concrete from Tenth ia
Eleventh street. Estimated cost
$4,47960.
Resurfacing the brick paving on
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29

Hgkt16nkh street., from Second to
Third avenue, With asphaltic con-
crete. Nstin1atsd cost. 34.SS0.s0.
The ordlnAnce introduced by
Commissioner Frank WITCH for
Consideration provides for the paw
ing Of Tventy-ninth-and-a-half
street 2from Seventeenth to Fiji
teenth avenue and Fifteenth avenue
from Twenty-ninth-and-a-half to
Thirtieth street, with asphaltic con-
crete. Estimated cost Of this work
is $17,32l.70.
Plan Considerable Restricting.
Two members Of the county
board Of supervisors visited the
city commissioners and asked
whether or not the resurfacing Of
brick paving Is to be done with
some new grade Of material. They
were interested in the ordinance
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29
$3.50 36-inch
English Longcloth

Sheer, clinsy lingerie fabric in. 10
yard bolts, special Ru>on
At i........ ..... ...... @l.O1
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29

adopted some time ago Tor the re-
Surfacing q Fourteenth street from
Second to Third avenue and Of
Third avenue from Foarteenth to
Fifteenth street, for the half Of
which the county viii be assessed.
They questioned whether the pro-
ject was to be an experiment With
some new material and the streets
chosen because the county would
bear much Of the expense. They
aneunced that the board Of super
visors had Instructed them to learn
the particulars because there is
much other worn out brick paving
that should be resurfaced II this
work has proved 4 successful
means Of repair.
/, City officials told the committee
that resurfacing Of old brick pave
ments with asphaltic concrete is
not an experiment, but has been
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29

49,. S-a-..~ - -. A~k~e~
' . ..s 49, q ~ .ass.
~ gDk sas -.c s.u ~.
nO,Hs p.ote unIvInt OssI 1919
49, g s H,s. sp.ce ins1 n.1..
cs " q nsnn s1.sons ~, -. .. o.a. ~
Y cee. ~ ~. ness s.sO SsyY -.
~ y. ~ AOso 49, sNs ~ -. ~
~ e ~ . - w.
w tI1mc cOue u = ~ S'ss
cOl s'One's AonuAy @enoon.
1hie provision II TO Be especially
enforced In the downtown distr1ct
and viola4orS fece arrest ana nnee.
Tho ameudment was 0nered p
Commissioner William 4. F1txen Z
mons OF the department OF pupiic
health ana s1ety, VINO announces
tnst .neIe = us..n. Jl 60
n ~. 1880 - crcs. ovar .id..
-.,r. - s,d.vsIr .nscs n hein.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29

sah kes, dssa ........a ~
sA 0ias~ saaps. psnd lie
fswd9se 0sgar, pss.d ....... lie
Efeaa 01k Cseea, psund re
NONE SUCH MlLK, . lasss
''.......... ...... ....16e
n ! g. aaap. - baes .....~..7 re
dass.saO
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29
Silk Mixed French
Tissue Cinshams

Beautiful Ginshams in the wanted
nobby checks and plaids latest col
ortnss. that are absolutely fast. The
seasons best tissues, special or
a. . yard 1880. .......... OCC
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29


!. g. q ~; r
y. s!7....' N. "A
i q 49, ~ 4. ! Il ~ q s:s.z.
~ -; ss,sss - s's'sss,S + y; RI
o. SsSslv 49, y ~ uiifS -
Sc1;ese,,1sssSk n p IllrsSs kai,ol1na =
~ ~ 114r,1 = 49, r,Il n 10
49, 1rrS7 ~ 49,, r s1HiIena -
4 1l1n166 w., 1i1a. N
8aN1in1S6 161Iorlno ifvs ~ il ~
Se14 l1Sx ~ = 1ts ~ 1a114jlnn -
IN 4 feesoflvn afo1a Fl 1870 n0v
S.ee.s's + ~ sGS1e ~. i,frnnu1i -.
ssre1{~6 - - ~ .snssr1yI1anf red
fens - i1fesnsl ieeIousies TIA
fevoeehin m,nr,emt ~ cfmaoli1a-
~, !.
-. t.c.Ai. - .c~,.. ~ th.% -
hurse. tS1nrs the other arascientIv
cerrs1I~t Is - ms6e ~ r1rsnt
h~r1Sr arsnnl,s6v rI1fI h.ve ~ ~.
ei6s 1hst nr1sticn ana .ithsr rnt q
rhsrss q ~ ~c-.rnwsrt,s vsricne
s1ercies ~ 49, S~tscttvs * IN
vsstieSfor, ana orr.niser Is the rov-
aenr.1nt ieryine. n enle.t ~ No.
e6eierf k-rssr snA - s.A.r IT,
vir~ =, n. ce,,e- ,sg.stis.ece.
g. :. n---s...
- 49, ys..-a....
~ sU1 ~ ulnst.on ~:
% cos.. Oe srleo too AZ, 10
Ie otponcnts ~ some OF tuese
plsus lnslss tnat yust D0csuse noW'.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29

pFacucsd IN other cid.
and that the work has alviy
60 hishly successful. N p
pavement serves a. 1 D. f.
when evened up with an e.
inch layer Of asphaltic
wearing service is spp.SS ~
teenth street from Scccn6 Y. = ~!
avenue and Eighteenth &, NJ \ a
Second to Third avenue ~ J:
resurfaced in addition 70 ~.
around the court house sons.. ;.
addition to these project ss:s
are only q beginning, the -!
tee was told, there are plass S..sl
formulated for resurfacinr = ~!
and Fourth avenues from ma.
street west. Other Jobs ~
prospect throughout the citv 9.
possibly q good many Of the. r.
be carried out during thu go
summer.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-03-29
$3.50 Fine Quality
Swiss 0ryandies

Imported, permanest 6HisA, - starch
ing, hne Transparent quality, white
and all wanted coleFs, - inch no
wide, q yard ........ ...... /OC