davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-11-24
Good. Considering High Yield

question respectfully submit the fol-
lowing list for your appraisal and ask II
you would kindly suggest any change:
$1,000 Detroit United Railway S. I94l;
$1,000 Cleveland Electric Illuminating
Company Is, 1871: $500 Fisk Rubber Com
pany Sc, 1871; $500 Republic or Chile sa.
1871; $500 Republic of Uruguay ss 1916;
purchased the above about October /
of this year at Dillon. Read Co I ex-
pect 10 have about $500 from a mort ga ge
bond January l. and thought of investing
In such bonds Du Pont de Ne,nours 7lss'
Tidal Usage Oil 7 per cent Canadian
Northern Railway. or I might consider
about ten shares of New York Telephone
and Telegraph I wish your opinion Of
bonds and shares mentioned. am en-
pioyed now at a fair salary. but eventually
may have to depend on the income from
my few lnyestments.-W. G.
Answer-Aren't you trying to get
just a little too high yield? All of
the bonds that you have are particu-
larry good, we think, for the yield that
you get, but we think that you could
we'll afford to put the additional $500
into such bonds as the Canadian North
ern Is, guaranteed principal and inter
est by the Canadian government, the
recently issued New York Telephone s
per cent bonds, due 1041, and Westing-
house Electric and Manufacturing is.
due 1881. The entire capital stock Of
the New York Telephone Company is
owned by the American Telephone and
Telegraph Company and is not on the
market
New-York tribune., 1921-11-24
Stock Excnn17ge Listings

The following securities we're ad-
mitted to trading on the Stock Ex-
change by the governing committee
yesterday:
Phillips Petroleum Company, SO. 600
additional shares, no par value: Texas
Gulf Sulphur Company, $3.50 900 cap
ital stock, $40 par value; American
Chicle Company 1902 additional
shares of common stock, no par value;
Cosden & Co, 1876 additional shares
of common stock, ne par value; Seneca
Copper Corporation, 100 900 additional
shares of capital stock, no par value.
Carson Hill Gold Mining Company,
100000 capital stock, 81 par value;
Chase National Bank and Chase Sc
curitiss Corporation, additional Bank
ers Trust Company receipts to be
issued in respect to $4,000 shares Of
stock of the Chase National Bank. and
an equal number of shares Of stock of
the Chase Securities Corporation;
Bush Terminal Building Company, s4,-
784.o00 per cent cumulative preferred
stock; Republic of Chile, s24,00o,ooo
twenty-year sinking fund s per cent
bonds, dated February /, 1921, due
February l, t941.
New-York tribune., 1921-11-24
Syndicate Offers
French City Bonds
To Yield 7.65 P. C..
Securities Originally Sold
Two Years Ago Again Put
Before Investors; Govern
mene Behind the Bonds

Kuhn, Loeb & Co. announced ynstsz
day that arrangements have been made
for an Offering by O banking gruur
headed by Kuhn, Loeb g. Co. of en
aggregate issue Of s22,e00,0 900 hftsen-
year 8 per cent gold bonds OF chs
French cities Of Lyons, Marsaillss and
Bordeaux. The Offering price viii BIS
861a and interest," to yield 7.6b peg
cent The issue consists Of 81. 400 BOG
Marseilles and s7,961 200 City Of 8e9-
deaux.
These bonds are part Of an author
ized issue OF SIS 900, 900 for each eity,
or an aggregate of $45 ZOO, 600, origa-
nally offered in 1919. Approximately
half of the issue WIS purchased by
American investors and the unsolG
portion was taken by the French gov
ernment. 1t Is this unsold portion
held by the French government which
IS about to be offered in this market.
The interest of the French govern
ment in the financial market in reality
makes it responsible for the security
of the issue. AS established by the
laws of France governing municipals-
ties, the finances of these cities and
taxes and execute annual budgets are
under the control and supervision eS
the French national government.
Therefore, the French government has
agreed to undertake, in order to per-
NIT these cities TO pay the interest and
principal of the loan i'll gold in New
York, to furnish them, II necessary
with gold in the amount needed, and
authorize its expectation for this pug
pose.
Through the sale Of the s22 800 ,coo
issae at this time the French govern
ment will reimburse itself for the pur-
chase of the bonds In 1914
New-York tribune., 1921-11-24
Exchange Approves
More Liberal Rule
For ssAds'' of Firms
s.CateI, Phrases Admitted in
Publicity, but Committee
viii Continue Supervision
of General Policy, 1t Says

me governing committee Of the
Stock Exchange yesterday took action
which will permit member firms to
sdopt more liberal policy in their
advertising methods, but the business
conduct committee of the exchange
I'LL continue to exercise supervision
over the form Of the publicity. A
resolution which has been in effect
since April "a, 1915, and which warned
against the use of "catch phrases" and
the departure from methods of simple
and direct methods of advertising, was
rescinded.
The Interpretation put upon this ac-
lion was that the business conduct
committee would permit brokers who
are members of the exchange to put
more pulling power" into their ads.
That the exchange authorities, how
ever. will continue their policy of strict
supervision was indicated by the pas
sage Of the following resolution to be-
come effective December Is, which
takes the place of the one just re-
rinded
"That no member OF the exchange
nor any firm represented thereon shall
publish any advertisement unless
either it is IN general form that has
been approved by the committee on
BUSINESS conduct or il has been sub
mitted TO said committee and approved
by it."
The resolution. passed in 1915, which
is superseded by the new one, reads
as follows.
"That It is the opinion Of the gov
erning committee that under the reso-
luton Of February 9, 1898, no member
OF his firm is permitted to use catch
phrases or to depart in any way from
direct and simple methods of advertis-
mo-"
New-York tribune., 1921-11-24
United Kingdom 5lls q 1s2e

Questienr--f have been reading with ,ruoh
mu, m,eress your investment cotumn In The
l1inune and would like your advice re-
garding the following. / bought 100 shares
Sorn PRODUCTS common when Ii was SELL
ing At ~. # is now So and | am thinking
5000 Investments fer the money. I have
Also $4,000 In the bank, which would
nv s,,na, 90 invess. ! have no other source OF
aaScIhe, 80 woula lilsS to invest my money
~ ~ tnc pest advantage, but with safety tho
nrst consideration. < have to go to Eng
so thought Ii would be wiser Co seIl t.orn
rroaucts and put the money into sone-
thing else- ! shall be very grateful for
se"us Investments Would Il be better 10
nave ali my money invested here and have
nay dividends sent to England, or would
you advise sending my money to England
ana investing there 7---Miss T. A.
Answer~--We think you are Wise In
selling your Corn Products common,
since you are going away and cannot
watch the earnings of the company.
and we suggest the purchase Of United
Kingdom convertible 51as, due 1929,
recently selling at 95 ~, at which price
they yield 6.23 per cent if held to ma
turity. These are dollar bonds pay-
able in United States gold, both a. to
principal and interest, but they are
convertible at par into National War S
per cent sterling onds up to February
l, 1929, and for the purpose of conver-
sion the exchange rate is to be taken
at the fixed price of $3.50 to the pound.
You would be getting safe, high
grade investment, payable in United
State gold, from which you would get
the full benefit, while you were in Eng
land, of the present low rate of ex-
change of sterling, and should sterling
exchange go above S4.30 before 1929
yon could exchange your dollar bond
for sterling bond, carrying per cant
coupon rate, and payable at los in
sterling in 1929. This would be a suit
able investment for your $4,000, as we'll
as the proceeds of the sale of the stock.
in our opinion.
New-York tribune., 1921-11-24
Pacific Ratio of
Expenses to Gross Down

The Union Pacific in October oper-
ssed at ratio OF expense to operating
revenue of 1928 per cent. Operating
tnevenues We're only 3,3 per cent less in
vcteberi 1921, than in October, 1920.
Ixpenses were 88 less than in 1920.
Railway monthly revenues and ex-
Rsases are for the first time this year
y y October accurately comparable with
NE figures for the corresponding
month In 1920. The Union Pacific
sarned s21, ,678 900 in October, 1921, a
eoeerease Of $780, 600, as compared with
.vcscher 1920 Expenses amounted TO
/ 600. 8 decrease Of $f,312, 900
'fom October, 1920.
Inc notable feature Of the reduction
expenses il that out of pocket cost
handling business Transportation
sss:penses) wac reduced by 9.6 per cent.
Slnce the reduction in revenue was
ssseiy IN passenger revenue, which
Prints Of no corresponding reductiM
= ~ services, the saving in transportation
@penses meant actual operating econ
New-York tribune., 1921-11-24
Steel Freight Rate Cut
To Be Longer Delayed
Reduction of Inventory Limits
Buying by Manufacturers; Rail
Question Up Again

freight rate reductions on iron and
steel products may be longer deferred
than has been expected, in view Of the
New York meeting in the last week
between representatives of the indus
Try and Of the railroads." says "The
Iron Ager "On Tuesd4y railroad
freight executives at separate meet
ing decided to continue to March 81
the % per cent reduction on iron ore
rates which was tc expire December 81.
At the same tine they declined to
grant reductions asked for on coal,
coke, limestone and other raw ma
serials.
'sFhe effort at Washington TO link
up the steel rail price with the ques-
ton of iron and steel freight rates
may postpone for some time the relief
all industry has looked for from lower
transportation costs.
AThe reduction of inventory limits
buying by manufacturing consumers
H steel, but does not check railroad
car programs which call for 1922 de-
lvcries at Chicago the 1000 cars let
n the last three weeks, the $4,000 now
up for bids and the 5000 for which
Inquiries will soon come out represent
10000 tons Of steel"
1ae 1Ecn lrade hevleW to-uay Will
~: "a backing and filing movement
sssll sharacterizes the flow Of new
business in iron and steel. Seasonable
changes are having their effect and
buyers are exercising caution against
aceumulating any excess supplies In
rsw Of the possibility of freight rats
mductions and approaching inventory
period. The industry apparently is
nssting with greater difficulty in HIT
ing Itself much above the so per cent
Sasis The Steel Corporation, however
continues to show some increase in
tngot production. The Carnegie Steel
ccmpany's steel-making operations are
ep to 90 per cent this week for the
arst time, a gain of per cent"
New-York tribune., 1921-11-24
Two High Grade Bonds

ouestion--Can you recommend $1,000
low coupon bonds which will mature
around 1870 to 1850. safety frst? am
not dependent upon the income but wish
to lay these aside for my two children,
3. s.
Answer-We suggest Southern Pa
cific, San Francisco Terminal first mort
gage IS, maturing in August, 1850, SELL
ing at 74b, for one bond, and Illinois
Steel debenture 43ss, due August, 1910,
recently selling at S4Ss, for the other.
Both are high grade investments, we
New-York tribune., 1921-11-24
Days Dealings in Bonds
The Market

Many new high prices for tho ysar
were established In the bend market
yesterday, where the same vigorous
buying that has been In evidence for
fortnight continued to forca the
level upward. United States govern
ment war Issues were particularly
strong. The tax-cxempt 31as went to
96.l0, new high, and the Victory
4As again sold close to par. The
fourth 4 4Ms rose nearly half a point.
All Of the foreign government bonds
wera strong and active. Among the
corporate issues the New York Tee-
phone SIS again were prominent, ad-
vancing to high OF 99M. Western
Electric rs held above LOG. Rail bonds
were we'll maintained. Total dealings
in bonds reached the largest total In
weeks
New-York tribune., 1921-11-24
Unsuited for Small Investor.

Questton-Wll you kindly advise me If
New York OIL Of Casper, Wyo.. is a safe
tations2 L would also be pleased to have
you advise me in regard to the investment
OF $500 safely with reasonable rate of
intercst.-F. c. A. O
AnswerIt is our opinion that the
stock OF producing oil company, even
though it has dividend record, IL n
speculative security by reason Of the
uncertain character OF the BUSINESS.
Such securities are particularly un-
suited for small investors, we think,
and we advise you to put your $500
into some well secured bond, such as
the recently issued per cent bonds of
the New York Telephone Company, due
in 1941 and currently quoted at about
30 to yield trifle over per cent.
New-York tribune., 1921-11-24
Registered Liberty Bonds

Question: have $500 Victory Loan
sell, and have been advised by rep
utabie New York broker that the req
istered bonds or this issue sell at about a
point lower than the coupon bonds. ana
that both quotations usually appear In the
daily paper. Is this o fact?--A. N.
Answer-Registered bonds generally
sell somewhat below coupon bonds Of
the same issue On November there
was q sale of Victory coupon bonds at
1864 and of registered bonds at 1882.
On November Is coupon bonds sold at
1858 and registered bonds at 1854.
New-York tribune., 1921-11-24
Is 1926
1929

To figure the precise Yield on . bond u
II necesrary 70 use yield tables. but tina
approximate yield can roughly be figured
out by the following formula; Divide the
closing quotation on q bond into the rats
Of the annual return If the bond Is selling
below par you must allow also FOR the
appreciation OF the principal To do this
subtract the market quotation from par
or 100. and divide the remainder by the
number of years the bond has to run be-
fore maturity For example. If per
cent bond is selling at so and has ter
years to run, the annual return Will be
Of interest 1t pays, and the result Will be
8.68 per cent The difference between par
and the market price viii be 10 points
snbtracting 90 from 100. Dividing ten
points by ten years. the quotient will be /
Is the annual return, and the result 76e
per cent. will give you the approxtmate te
Yield.
New-York tribune., 1921-11-24
London Metal Market

LONDON, Nov. 23.-Standard eon-
per, spot, s66 lis Sd; futures, fs7 l5s:
electrolytic, spot, s75; futures, s7e
los; tin, spot, $3.50 12s Sd; futures
9162 rs Cd; lead, spot, s25 SIS; futures,
e24 12s Cd; zincs spot, S25 It's 6ds
fufures. e2a los
New-York tribune., 1921-11-24
Not a so to 1 Shot

Question: am rnclosfng a circular re-
gardfng some bonds What do you think
of these bonds as an investment ?--W. j. H.
Answer-What would you think Of
an investment" at the racetrack in a
horse that was really 100 to l shot
but on which the bookmaker only al
lowed so to /? Something like that is
what we think Of the offer of city of
Warsaw hondc
New-York tribune., 1921-11-24
More Aid for Farmers

sn.AsHlNGToN, Nor. 23.- Fifty-six
1ssnces Tor agricultural and livestock
serssng, aggregating $2,o73,000, were
s.oved to-day by the War Finance
~ Wyoming got $436, 900; /;
"a. s41s 600; North Dakota, sos,
~ .art aSorth Dakota, $307 900; Nebraska,
,'nv ,ncs Oregon, $2s, ,00D; Colorado,
~ ~ Montana, 1922, 900; Kansas,
ead htnusss+sv $50, COO
New-York tribune., 1921-11-24
No Man Knows

Question--As reader of your paper
please express an opinion regarding the
purchase of Case Plow stock which Is
listed on the New York Stock Exchanga.-
f. r. B.
Answer-Stock Of the j. I. Case Plow
Works Company is speculative, we
think. No dividends have been paid
on tie common, dividends on the sec
ond preferred were passed in April Of
this year and dividends on the first
preferred in July. Presumably the
company has suffered from the dimin-
ished purchasing power of the farmers
and it's business should improve with
Improvement in general conditions. But
when and how fast that improvement
will come no man knows.
New-York tribune., 1921-11-24
Investment
Information,

Qwssticns Of general imtersst 10 II.
oestors ntll be amspersd in this COT
stssa, IN (Which case onir iaikiats win
oe Used, Others spiu bs unswcred b.
nsasI Addrsss all incusriea, inrlos.
a stamped, addressed estuesope. to
6snaacial Edstsr, The T~ibwms, 1s4
NSsssass Street, Nese York Cstp.
New-York tribune., 1921-11-24
Financial Items

The New York Stock Exchange mem
bcrshtp of Joseph j. Hea-ns. deceased, has
been sold to John n. tsiiAlian sre for the
consideration of sS4 900 Tho last previous
sale amounted TO $4,000.
New-York tribune., 1921-11-24
A. BARTON HEPBURN,
Chairman Of the Advisory Board

HENRY w. CANNON
A. BARTON HEPBURN
ALBERT II. WIGGTN
JOHN ]. MITCHELL
GUY e. TRIP
JAMES ~. HILL
DANIEL c. JACKITNO
CHARLES M. SCHWAB
New-York tribune., 1921-11-24

R. M. Grant & Co. announced yester-
day that the subscriptions of approxi-
mately $11,000,000 had been received
on the offering of S3,205,000 Seattle.
Wash, per cent municipal light and
power bonds. Allotments will be made
in full only on subscriptions for Sc, 900
or less Of the bonds.
New-York tribune., 1921-11-24
Answer-Durant stock is speculative

we think, as are the stocks OF nearly al
newly organized companies. We pre-
sumo that the stock is quoted above it's
original cost, because there are a large
number of people who think that it may
prove to be a successful speculation.
If you purchase it you should do so
with the understanding that you are
speculating and not investing your
nonev
New-York tribune., 1921-11-24
OFFICERS:
DIRECTORS:

SAMUEL III. MILLER
EDWARD r. TINKER
EDWARD 7. NICHOLS
NEWCOMB CARLTON
FREDERICK H. ECKER
EUGENE v. r. THAYER
CARL ]. SCHMIDLAPP
GERHARD M. DAHL
New-York tribune., 1921-11-24
Days Neso Issues

A syndicate consisting Of Watkins
& Co. and Redmond & Co. are offering
q new issue Of 81 100000 State of Wyo-
ming s per cent highway bonds, dated
September 1, 1921, due September, 1871
optional 1881 at 101A and interest.
New-York tribune., 1921-11-24
Durant Motors

Question: would be pleased to receive
your valued advice concerning the pur-
chase OF five shares common stock OF the
newly organized Durant Corporation Of
New York This stock is not entirely sold.
but Is quoted almost daily at a price in
accounted for? Would you consider this
stock highly speculative or with Just
A G. H
New-York tribune., 1921-11-24
ALBERT II. WTGGIN,
President
WILLIAM p. HOLLY

ANDREW FIETCF1ER
VIM BOYCE THOMPSON
REEVE SCHLEY
KENNETH F. WOOD
H WENDELL. ENDICCTT
WILLIAM NJ. WOOD
JEREMIAH MILBANK
HENRY OLLESHEIMER
New-York tribune., 1921-11-24
y s., 10 u
Tex a PAc lat
Ha 1000

/ -. Sta
Third Av : al
Eu 7Qan
New-York tribune., 1921-11-24

! i0G WIZ U
s hs interim
ctfs 1881
4 ....1o1
4 -...101
4 .s.l01
New-York tribune., 1921-11-24

Z .... " z
: $50. 81 g..
s 49,. So u
SeRb A. L cor
6a iaA6
The Birmingham age-herald., 1921-06-07
RETIRED OFFICERS THANK GEDDES FGR
 IGNORING U. s. DEAD
By Associated Press

Washington, June GA group of re- tired officers of the army and the navy, including veterans of four wars and headed by Lieut.. Gen. Nelson A. Miles, called today on Ambassador Geddes at the British embassy to ex- press appreciation of his act on Me morial Day in placing a wreath on the flag at Arlingon cemetery in honor to American soldier and sailor dead
 Such demonstration coming from the representative of his majesty, King George V, and expressing the sympathy and profound friendship of the sover : eign and people of your mighty na- ton" General Miles said to the ani- bassador. "I assure you it was appre- ciated and reciprocated in the. highest degree.
 We rejoice that for more than a century of time the thousands of miles of boundary line between our two countries has not been occupied by a hostile gun or fortification Neither does it require bonds to hold us to- gether other than the high regard and sincere friendship that exists between the two nations and which we trust will continue for all time
The Birmingham age-herald., 1921-06-07

They were married quietly the next day at the cell of Frar Lawrence. and JuS.St returned home to receive the glad tidings that two days following she must be married to Paris.
 Tt never rains but it pours thougot Juliet. q land one good man, and an- other follows"
 Aloud to her snorting father, she re- sponded in true American fashion:
 Nothing doing. pop. 1 gotta date with the manicurist that day.
 Her father exploded.
 Craze where you will, you shall not house with me. he sniffed at her.
 Romeo, on his way home, into a. bunch of his friends in a restaurant, having a table dhote feed with some Capulets. It all started when one of Romeo's buddies had shouted: What made Paris Green?" and another had answered, Romeo" This in itself wouldn't have been so bad, if a bystand- CT had not rejoined; What did Romeo? Remeowed what Juliet"
 At this juncture two swords flashed on the surface, and the undertaken in the rear hastened out to buy a new suit. When the casualties were numbered, it
The Birmingham age-herald., 1921-06-07

vas found that Tybalt, Juliet's cousin, had fatally carved Romeo's. buddy Mer- cutio, and Romeo had spitted Tybalt and beat it for the tall timber. The Prince of Verona ordered Romeo ban ished from Verona.
 Romeo stuck around till nightfall and then went to break the sad tidings to Juliet, before leaving the city. The next day Juliet carried her burden of woe to Friar Lawrence, who was a regular ad- Justment bureau for domestic problems. Friar Lawrence told her the best thing to do was to play dead, and he presented her with teaspoonful of mandragora 8 sleeping potion. He sent Romeo a message to come and rob the tomb of the Capulets just at the time that Juliet was due to awaken,
 | It is irdeed fortunate that undertakers in those days did not undertake as they do now. If they had, it would have robbed Shakespeare of an excellent plot. As it was, they had a lovely funeral, with a brass band and everything.
 Telegraph service in those days was more uncertain than it is now. The operator spelled Romeo's name wrong, and he heard from his valet that his wife was dead and believed him. He departed by night for Verona, and hied him to the tomb of the Capulets. There he found Paris strewing flowers on Ju- liet's grave, and when Paris attacked him, Romeo dispatched him neatly and expertly. Then he rushed into the tomb, and without stopping to investigate, drank a swig of bootleg whisky, and died of wood alcohol poisoning
 Of course, it was hard on poor Juliet to wake up and find her husband and her might-have- been husband both dead She committed suicide, using Romeo a,s a pillow to fall upon.
 When all the Capulets and Montagues and the Prince of Verona and Friar Lawrence heard about the unfortunate affair, they were all sorry. The rival families signed treaty of peace, but lot of good it did poor Romeo and Juliet We should remember their sad fate, and never use harsh words when our neigh cE ids eye
The Birmingham age-herald., 1921-06-07
She committed suicide using Romeo pillow upon

So Romeo procured a ticket, by some devious Machiavellian method, and parked his high one-horse power fiacre in front of the Capuet's front door. No SC ooner had Juliet spotted him than she decided he was Paris, her darling hus- band-to-be, who had been all picked out for her by her family She was sur- prised to find her intended so comeiy fl. figure, and she developed an ambition to see his face. Romeo, likewise, liked Juliet's face, and wanted to see more of
 But hist Someone interrupted the sen tence. Capulet trod on Romeo's pet corn to see if he might be a Montague, and take offense. Romeo took the gate 1n- stead, and began to scheme around to see Juliet on the q. |.
 After the ball was over, Romeo scaled the Capulet wall, and ran into Juliet doing lonesome love scene on her bal : cony. By the light of the nightingale whistles, he proposes to her, and she took him at face value in spite of the mis- placed eyebrow that registered mous- tache. But Juliet had been we'll trained. She told him firmly but gently Ron If you haven't got matrimonial intentions, take your big foot offen mine.'