davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-27
2. II. r. Has Long Dividend Records

| Question--Please comment on the follow
ing: Pennsylvania Railroad stock. s., 900 +;
1891. $4,000; Baltimore & Ohio 6, 1920.
5000; Kennecott Copper Is 1880, s2 500 !;
Listie LIZ Roeh oSd: & Hot Springs Western As
Canadian Northern rs 1910. 5000; Chinese
,, II. X. Railway 5s 1861. 5000: also Denver
O. Rio arande As 1886, sS,oco.--A- P. s.
Ahswer-Pennsylvania Railroad stock
has long record Of dividends and is
| considered by the public and by Penn
syivania directors as an investment
issue on which dividends would be
passed only in case it became abso-
!utely necessary to do so to protect the
interests Of all other security holders.
The Pennsylvania, however, has not
had chance to show what its earning
capacity Is under new rates and wage
scales. New Foundland IS are sound,
as are also Paris IS. Baltimore &
Ohio 6s due in 1929 are the obligation
OF one Of the oldest railroad compa-
MES in the United States, but one
which has had some difficulty in some
OF the years prior to government op-
Grafton in earning it's dividend, and
which has not had an opportunity as
yet to show what it can do under the
new conditions. The copper situation
has probably passed through its worst
time and the kennecott Copper Is are
now g good investment. Little Rock
q Hot Springs Western 4s are an OBJ
legation of the Missouri Pacific and
are secured by first mortgage on
fifty-seven-mile railroad in Arkangas,
q, part Of the Missouri Pacific system.
Ihe, Missouri Pacific is rather weak
road and divisional first mortgages are
not considered as safe as they were
before the Missouri, Kansas q, Teve.
got into the hands Of receivers. The
Grand Trunk and the Canadian North
ern rs, both guaranteed principal and
interest by the Canadian government
are high grade. The Chinese II. K
hallway 6s are payable In sterling and
IN our opinion, are speculative, but "a
ther attractive. The Denver & Rio
Grands As are mortgage bond of a
weak Western railway, "
New-York tribune., 1921-02-27
Seeks TO Fave Bonds Rated

ouestion--wiu you kindly rats the fol-
lowing In their order: Rio C;rande West
ern lss Is, Denver & Rio Grande ccnsolt-
dated as. ST. Louis &. San Francisco serios
A As, Brooklyn Union IL" 5s Wisconsin
Central LIST retundins As, Hudson 4 Man
haitian refundins 5s. Erie prior lien As
good as any OF the above?B. l.. X.
Answer-Wisconsin Central first and
refunding do, Hudson & Manhattan re-
funding 5s, St. Louis & San Francisco
Soriess A 4s, Rio Grande Western
first As, Erie prior lien 4s, Denver and
Rie Grande consolidated 4s, and Brook
lyn Union Elevated 5s. This arrange
ment must Of necessity be somewhat
q matter OF opinion. Were 1t not for
the uncertainties surrounding the New
York City traction situation, Tnterboro
refunding 5s would rank we'll UP with
the other bonds that YOU name.
New-York tribune., 1921-02-27
Answer - All of the listed inve,+.
Katy Treated News Agent shabhi,v

Question: am a reeder. also news
agent. OF your paper. Would you kindly
two years ago? Missouri. Kansas & Texas
ten shares common. at 1871. now 1t is
about as, and I understand they will asl,
for an assessment OF $26 q share com
mon. Would you advise to pay the money
when they call on mo. 1 think it Is
rather too much for me. or sell and save
a few dollars because IL don't pay when
they ask for the asyessment I Will lose
the lot, I eXpect?--P. r.
Answer-The Missouri, Kansas &
Texas reorganization plan is to be an
nouneed, we believe, within a short
time. It would seem better to hold on
to your common stock until you see
exactly what the assessment is. You
must have known, of course, when YOU
bought 1t two years, that it was in the
hands Of receiver. and that an as
sessf1ent Of some kind was almost a
foregone conclusion.
New-York tribune., 1921-02-27
Seeks Best First MORTGAGE Issues

Question: should like TO have q Hat Of
five different frat mortgage bonda which
arc absolutely safe. In denominations Of
$1,000 each. Also. state the price ard tho
amount OF their y!eld.-MRs. @. 3. s.
Answer--We consider that the fol-
lowing bonds are of the highest grade
and next to Liberty bonds: Atchison,
Topeka & Santa I'e general 4s, due
1895, selling at rs, yielding little
less than 6i4 per cant; Atlantic Coast
Line first consolidated bs, due 1862,
selling at 78, yielding about 6.6& per
cent; United States Steel sinking fund
5s, due in 1868, selling at 90, yielding
a little more than 5A per cent; Stand
ard Oil Of California rs, due in 1881,
per pen ess at chosso G ysanf mspe shpn .y
(first) general as, due 1858, selling at
80, yielding a little less than 5A per
cent
New-York tribune., 1921-02-27
Hudson & Manhattan Sc

ouestion-Do you think she Hudson d
Manhattan Is at about SO safe invest
nlcntT When do they mature? Have thew
evey detaulted iuterest7 Are Long Island
Railroad IS 1897 ssfe9--E. F. D.
Answer-We consider Hudson &
Manhattan first lien and refunding 5
per cent bonds due 1857 as fairly safe.
They are paying their interest charges,
but are followed by sS3,102, 900 adjust
ment income 5s, which are not paying
interest. Long Island Railroad de-
benture 5s, due 1887, callable at 1929
after 1922, are selling at 50, and yield
i held at maturity about $50 per cent.
This is higher yield than is con-
sistent with absolute safety, but il the
railroad situation Is Strengthened out
the bonds may appreciate in market
nrics
New-York tribune., 1921-02-27
Kansas City Southern Preferred

Question--What Is your opinion of kan
sas City Southern preferred as invest
rnent? Did It always earn and pay it's 4
per cent dividend w. E. y. 20
Answer--The Kansas City Southern
has paid dividends regularly upon it's
preferred stock since 1907. In that
year it paid per cent. Since then it
has paid 4 per cent regularly. The
road has shown steady Improvement in
earnings in recent years. In 1918 it
earned 5.12 per cent on the preferred
under government guaranty, in 1919
$50 per cent, and in 1920 earnings ap-
proximated moro than 10 per cent on
the preferred. Eight months Of the
twelve last year the company received
government compensation under the
Federal guaranty. Since August 81 it
has operated on it's own aocoun., but has
raade good showing. What the effect
of the current slump in railway traffic
movement will be upon the road re-
mains to be seen, but on the record Of
the last thirteen years the preferred
stock seems to be entitled to a good
Investment rating for this kind Of
security.
New-York tribune., 1921-02-27
Great Northern and pere Marquette

ouestion-Kindly advise II the following
are good Investments: Great Northern
Railroad pseferred and pere Marquette pre-
ferred &C. G. w.
Answer-We consider Great North
ern preferred a speculative investment
rail stock. 1t Is sensitive to earnings
and to general market movements. IL
you are looking for q straight invest
ment we would advise you to buy some
thing else. AS for Pere Marquette
prior preference, that seems to be in a
strong position. The company was
reorganized in 1917 with drastic seal
ing down Of fixed charges. Since then
the company has shown q good margin
over the 5 per cent dividend require
ments on the prior preferred issue.
In 1919 43.45 per cent was earned on
this class Of stock, the year before
1888 per cent and In 1917 11.05 per
cent; Whether this stock is equal to a
good bond as an investment PROPOSE
tion IN these times OF high bond yields
is matter you should consider.
New-York tribune., 1921-02-27
Has Loss in Speculative Stocks

Question-Kindly give me your opinion
OF the following stocks: Vanadiurn steel
Corporation. American Bosch Magnetic. AL
lied OIL Corporation and United Profit shar-
ing The first two mentioned I bought at
1S points above the present prices. and was
wondering if the rate of dividends would
be continued. especially IN the case OF
Bosch Magnetic Company. In tho event Of
tho proposed merger of P. Morris. Tobacco
Products and United Profit, what. In your
opinion. would the result be affecting
the latter stock?-D j. l..
Answer-None of the issues you
mention is in the investment class.
They have way of fuctuating with
the market and are extremely sensi-
tive to earnings, as are most common
stocks. Vanadium Steel is not we'll
seasoned. American Bosch Magnetic
has just reduced its dividend from 10
to per cent. 1t would be impossible
for US to say what the effect of the
tobacco merger you mention would
have on United Profit Sharing. That
would depend upon the terms, and even
then 1t could not be said with certain
ty what the result would be.
New-York tribune., 1921-02-27
Denver & Rio Grsnde Refundinr s.

onM,sn 31estionmwtll you kindly give mo your
Grande Railroad refunding 5s--I think
SAFE, or reasonably So for business man ?
WNl you kindly give mo Sone information
regarding this road and ;tx probable fu-
ture &c. L. C.
Answer-Denver & Rio Grande re-
funding IS are good semi-specula-
tive investment for business man, if
he believes that the working out of the
transportation act will protect the
underlying bonds Of the weaker roads,
There is a difference Of opinion among
the well-informed people on this sub
ject. The Denver & Rio Grande was a
good money Garner until the company
built the Western Pacific through the
use o. Denver & Rio Grande credit,
and tried to compete for through tusi-
ness to the Pacific Coast with the far
more economically situated Union
Pacific. The Denver & Rio Grande has
never had q high standard Of main
tenance, and it's actual out-of-pocket
cost If handling freight business Is
high. On the other hand, it gets a large
tonnage OF ores, and as long as the
mineral resources of Colorado held
out it will be road that will get a
large freight tonnage that will bear
hi..h rates.
New-York tribune., 1921-02-27
He Had Better Invest His $500

Question: have $500 to invest. Would
you advise buying Hart Oil Corporation
stock. which Is now selling at So? II not,
what can do with this amount 70 Weld
say. per cent?--E. W. ].
AnsweS-Hart Oil stock is not an
investment, but q speculation. Take
your $500 and buy FIVE shares of Vir-
ginia- Carolina Chemical preferred
stock, which, around 100, will yield
you 8 per cent. The stock is we'll Sc
cured, cumulative, cannot be called by
the company and has good market.
New-York tribune., 1921-02-27
Investment Information

Questions Of general interest 70 in~
eestors soil be ansWered in this col
,sHsa, d, achsch case only initials soill
90 used. Others aciii be ansaoered BY
tnaN. address all Inquiries, i,sclos-
,'lg q stamped addressed envelope, to
FsndnciGl Editor, The Tribune, i5I
NASSAU Street, Neao YORK. City.
New-York tribune., 1921-02-27
II. 8. stee. preferred Not CaIlabIe

ouestion--wYl you kindly advise me in
regard to the following stocks and bonds:
Standard OIL per cent preferred. United
States Steel per cent preferred, Great
Northern Ore certificates. s. w. Straus &
Co. first mortgage per cent bonds. wish
to buy some reliable stocks or bonds with
large u return as possible and yet feel
comfortable about the purchase.--M. G. e.
Answer-Both Standard Oil and
United States Steel preferred are
among the best Of the preferred stocks,
Both companies have long record of
large earnings. We prefer Steel as
an investment, because it is not CALI
able. Great Northern Ore Properties
leases it's non-ore properties to other
companies to operate and earnings are
dependent on these leases. We do not
recommend Great Northern Ore GER
tiicates rs conservative investment.
The S. w. Straus G. Co. first mortgage
6 per cent bonds have good record.
You will find number of sound in
vestments mentioned in these columns.
New-York tribune., 1921-02-27
FINANCIAL

FOR SALE-JUDGMENT OF sa,7oo. REs.
dered against the Wells Fargo and Satss
State OF Ohio. on personal service and ~.
pearance entered by answer OF coinpa2s.
Judgment affirmed Court OF Appeals "a =
a.caily correct. but no property found
levy on IN State ef Ohio. VIII give X
eyas discount. Address GEORGE =
MEEKISoN. Atty. Nspolsen. Ohio.
New-York tribune., 1921-02-27
Toronto
Silver Market

Silver-London, 32d. New York: Do
. mestic, 991sc; foreign, 54%c; Mexican
! dollars, 421sc.
New-York tribune., 1921-02-27
Seeks a $1,000 Bond for ssoe

Question--Will you please render vo,~
bonds? Would 1T be advisable to ynails
any switch and to what would vo,, re-
onmend? Pennsylvania Railroad 60
cent, cent, southwestern Bell Z per cent. TePe.
~. Sornpany per cent, Western Electric ?
Ger ger cent, Kansas City Southern 8 per cent
Rt 3an A1tonlo & Aransas Pass per cent
v,eids aesirous OF purchasing another low
tnuaa tn Dong, "here the outlay would be- he
G%ta Gc%%tten *'oo and 5000, would you conslder
sleo ago o. Alton refunding 5 per cent al
ons 1pso safe buy? II not, please mention
Answer - All Of the listed invs.+-
ments that you give are good. in onr
opinion, although the San Antonio &
Aransas Pass bond is semi-specnIat;ve
depending for it's value on the ontl
come 'of the railroad situation. You
say you want something that Won can
buy at between $500 and 5000. We sur-
gest the New York Central, Micbigan
Central, collateral 37a per cent bonds.
due in 1898, and which you might be-
able. to get at about $500 for 1000
bond. We consider the investment n
safe one. We would prefer, if you want
to make q semi-speculative investment
in weak railroad, to buy an Erie first
consolidated prior lien 4 per cent bond,
due in 1895, which you could buy FOR
about $3.50, to the Chicago & Alton 3
per cent bonds.
New-York tribune., 1921-02-27
Worried by Bonds Loss in Price

Question--Having invested IN bonds OF
the City Of Chriatiania. French govern
Switzerland So. 1910. about $4,000 in all.
feel that might do better by selling these
and investing in bonds in this country.
According to The Tribune, the Christia MIA
and French SIS have declined cong!derably
since they were bought. What I wish Is
TO make permanent investment that
would be safe and would net more than
guaranteed mortgages. Or. what would
you think Of the latter &c w. S.
AnswerThe mere fact that the mar
ket quotations for the City of Chris
tiania bonds and the French IS are
lower now than they were in January
does not indicate that they are any
less safe than they we're then. We
regard all three of these issues, and
especially the government of Switzer-
land bonds, rs sound. II you want the
highest grade of bond with the great
est possible safety regardless of the in
come, you can buy United States Lib
erty bonds or q first mortgage railroad
bond. such as the general mortgage As
of the Atchison, Topeka & Santa Fe,
maturing in 1895. These are as safe
as guaranteed mortgages, but do not in
all cases give you quite as high e. yield.
Frisco Adjustment IS Speculative
Question-What IS your opinion OF St.
LOUIS q san tranclsco aCjustnsent par
cent bonds as an investment? want TO
get all the interest possible with safety
Would also like to have your opinion ON
some good utility bonds. Is the Oklahoma
Gas and Electric bond listed? II not,
would 1t be hard to sell same ?----y. II. p.
Answer--St. Louts-San Francisco ad
justment IS are q business mans in
Yestment rather than an investment
for man who puts safety before every
other consideration. What you gain in
greater yield on bond like this as
compared with an underlying bond of a
strong railroad company represents the
greater safety Of the underlying bond.
Oklahoma Gas and Electric bonds ara
listed and are marketable.
New-York tribune., 1921-02-27
Demands 9 Per Cent and Appreciation

Question---Kindly advise me If you con-
slider American Woolen common good in
vestment at the present price and IL the
present dividend OF per cent Will be paid
in 1921: also tell me about Great North
ern and United States Rubber. am look
ing for stock that will yield per cent
or better with appreciation. II you have
any information concerning Terre Boone
and Southern DEVELOPMENT Company. OF
Louisiana, l would greatly appreciate re-
ceiving samoa NJ. s.
Answer-The earning power Of Amer
lean Woolen Company has undoubtedly
been severely impaired during the past
six months. The company has also had
TO write off heavy losses against inven-
tories. These factors alone place the
common stock in the speculative class,
and 1t is by no means ertain that the
directors will deem it advisable to
maintain the per cent dividend rate
unless conditions in the wooden indus
try show greater improvement than
they have. United States Rubber also
had to take heavy losses on inventories,
but the company has diversified bust
ness, and the common stock seems, at
least for the present, to have discount
ed the unfavorable factors of the re-
cent past. All the railroads are now
suffering from the worst traffic decline
in years, and, according to officials,
many are not earning their fixed
charges. But we do not believe that
the general railroad picture is quite as
bad as has been recently painted. With
any improvement in business both
Northern Pacific and Great Northern
should respond. Northern Pacific has
the added speculative attraction Of hav-
ing oifs properties along its right cf
way. We have no information regard
ing Terre Bonne & Southern Develop
ment Company of Louisiana. If you
demand 8 per cent you must take
chances. That is speculative matter
about which we do not advise.
New-York tribune., 1921-02-27
Mexican Eagles Holdings Large

Ouestion--Can you give me any intorula-
ton about Mexican Eagle? have been
told It was IA good oil stock as an invest-
ment. What dividend, does 1t pay w.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1921-01-20

ing up his mates misfires and scor-
ed twice with "tap-in" shots.
Carolan, although he failed to get
his usual allotment in the scoring line,
played one of the best floor games
of his career. He was a big factor
in the team play and showed keen
eye for free throws, caging four out
of q possible five. The playing of his
running mate Gurnoe, was of a high
caliber. Joe, who in the two univer-
sity games seemed unable to put over
his usual brand of basketball, came
back with a bang. He dumped in two
pretty side shots and played the floor
in sensational manner.
Chinook put up a whale of a
game in all departments. He nipped
most of the La Crosse rallies in the
bud, held his forward to one lone bas-
ket and then went him one better by
annexing two himself.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1921-01-20
ENGLISH EVANGELICAL
LUTHERAN MISSION

Sunday, Jan. %, 1921
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1921-01-20
BAPTIST CHURCH

Sunday at HOO a. m. Divine wor-
ship with preaching on the theme,
1.-TWO Everlasting Memorials"
A business meeting of the church
will be held immediately following
the morning service.
Sunday school at 1000 a. M. Les
son: Matt. 20.17-23. Theme: PRO
motion In The Kingdom" Golden
Text: "The Son of Man came not to
be ministered unto, but to minister,
and to give His life a ransom for
many" Matt. POPS.
B. P. Y. u. service at $50 Sunday
evening.
Remember to reserve every Wednes-
day evening for Prayer meeting. The
topic to be discussed on JAM. Goth
will be "Hindrances To Prayer" Have
you been praying for things which
you never received? Why does God
not hear you? Come and find out the
reason for his silence.
The Women's Auxiliary will meet at
the home of Mrs. Taggart on Thurs
day afternoon at 2:30. Members are
asked to answer roll call with pass
age of scripture.
Sunday evening service at 1890
Theme: "The Mystery Of the Mustard
Seed"
HI. Eugene Bowe, Pastor.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1921-01-20
NORMAL HIGH LOSES
TO HAMMOND

Doc. Cairns normal high team suf-
fered its first conference defeat of
the season when they lost to the
Hammond quint by 81 to 20 score
Wednesday night January IA. Docs
team was leading throughout the first
session and was holding its margin
in the second frame, previous to the
unfortunate disqualification of White
mack, which appeared to be bad bit
of judgment on the part of the ref
cree. From this time on the tide
turned in favor of the opposition and
resulted in a triumph for the Ham
mond boys.
The local team was also handicap
ped by the small gym and the abb
sence of "out of bounds" plays.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1921-01-20
CHAMPS TAKE OPENER

By playing superb basketball and
using superior strategy, Coach
Chambers conference Champs were
able to maintain their 10000 stride
against the strong La Crosse quint
last Friday night. The decisive &c
to Is victory of the home pets was
somewhat of surprise to even the
most ardent and optomistic admirers
who, although never doubtful of the
outcome, did not expect an almost 2
to / count against, what appears to
be their most dangerous rival.
The game was one of the fastest
ever played by Falls team; and was
exceptionally clean; being marked
by the excellent sportmanship of both
teams. 1t was not until the latter part
of the final frame that the local tos-
sers obtained anything that resembl-
ed safe margin. At this point Capt.
Rice and his mates uncorked some de-
fensive tactics which seemed, to have
"a disconcerting influence on Coach
Keeler's boys and gave the home crew
clean-cut advantage for the re-
mainder of the game.
Rice proves himself real Captain
The La Crosse team started strong,
and field counters by Ettinger and
Jennings gave them an early lead
which held little promise for the
Chandler proteges. With the score 8
to a against his team, Rice took time
out. 1t proved a bit of clever psy-
chology, for Immediately after play
was resumed his team hit a rapid
scoring clip that soon reversed the
tables. Field scoring by Wright,
Chinook and Gurnoe, and a free
throw by Carolan gave the Chandler
ties a two-point advantage and a
total of 10 points for the half.
The opening of the final stanza saw
both teams playing on fairly even
terms, but with the advantage slight
ly in our favor. The tide took a de-
cided turn when the Red and White
warriors, who at this juncture held
an Is to Id lead, elected to play safe
and began passing the ball under the
enemies basket. 1t was the inability
of the Keller men to find an effective
method of combating this style of
play that made certain their defeat,
for in their attempt to break up the
passing and stalling game their de-
tense weakened sufficiently to allow
the Falls players to penetrate for a
series of two pointers that put the
game in the ice box.
The playing of Captain Rice was
one of the outstanding features of
the melee He started his mates in
their winning stride, directed the
play with unerring precision and
Judgment and found enough spare
time besides to hold the speedy Ell
finger down to a comparatively low
count. In the closing minutes of the
contest he twice dribbled down the
court and crashed into the picture
with two beautiful field goals.
Dewey Wright again stepped into
the limelight by caging five goals
from the field. He had his usual
keen eye for the basket and played
a heady floor game throughout. He
showed great adaptability in follow