davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-05-10
Butter Cheese and EGGS

Butter-Receipts were s.22s packages
Creamery, higher than extras, lb., SgA a
37c; extras, 90 score, 9sc; seconds, a3@stc;
lower grades, 33@27c; unsalted, higher
than extras. 3s@ssMc; extras, s7@s7hc;
frsts. s2@S6c; seconds, 2s@3oc; held or
storage, flrsts, 29@32c; seconds, a4@2sc:
lower grades, 2o@23c; state dairy tube,
finest. s4h @s5ho; good to prime, $40
&c; common to fair. 22@3oc; renovated
grades, 17@1Sc; packing stock, current
make Mo. 1. 1871 a@19c: No 9, isc: lover
grades, 14@17c
Cheese-.Receipts were s.12s boxes. state,
speeies Weie m1 u ah9rt hsla fresh
lower grades. 14h @15l5c; twins fresh
specials. lie; average run. 1sc: wisconsin
single Daisies, fresh, 1T@1sihc: do,,his
Daisies, fresh, 1791sAc; Young Americas =
aatssnso hssssEoseipts sst.ss were a17ss
packed, extra firsts 2s u q csc; fresh, extra
nrsta 27@28c; frsta, 25@26 &c; seconds
2Sg3aise; dirties, storage packed, No. +
- - Wz5 gc;- regular packed, No. l. 22m
e55ae; a5aie No. 2 1s@21Ac; checks. fair 70 e
10 10 % 3Sc. Virginia and North Carolina 35 a.
SSci western Kentucky and Tennessee
~ sac; state Pennsylvania and nearby,
western hennery whites, extras, 33@34c:
whites, first to extra firsts. 29@32o; under
grades, e7@2Sc; Pacific Coast, Whit
extras, 35c; extra firsts, 33c. arsts =
"a l9S2c; other Western and Southern
gathered whites, 26@3oc; state, Pennsyl-
Nania and nearby Western hcnnery browns
coiors, graded extras, soc; drsts to extra
hrEts, 20 Il D2S1Sc.
New-York tribune., 1921-05-10
Federal snd Joint Stock Land Bank
Bonds

Fedsral Farm Loan 50.
ia3S~z923 ...... !.
Federal Farm Loan dis,
l939-fs24 ..........
Federal Tarra Loan Asas.
1s3s-1a23 ..
Federal Farm Loan 4sze.
1g39-1s22
Joint Stock Land Bank So.
i8S3-l99z ...
Joins sscea Lana Bank ss
1s8s-13.s
New-York tribune., 1921-05-10
Hesitancy Again
Shown i1l Cotton;
Trading Is Quiet
Prices Move Within Narrow
Range, but Confidence
Over Reparations Settle
nlent Is Decreasing

Judging by the action OF futures
here yesterday, the increasing conf
dence and advances of last week have
been followed by renewed hesitation
in the cotton market Trading was
much less active and prices showed q
off from 1920 to 1903, or 10 points net
lower and 20 to so points below the
high levels of last Friday. That de-
livery closed st 1871, with the market
generally closing barely steady, net
2 points higher TO 9 points lower.
Local brokers' attributed the falling off
in business TO the uncertainty OF develop
ments in the reparations situation during
the next few days. feeling was also ex-
pressed that the influence OF optimism over
pretty we'll exhausted by the recent buying
movement, and That the technical position
had caeed to some extent. This combined
with the better weather reports from the
South evidently led to some selling or
liquidation. The market opened steady q
an advance OF . to points on scattered
market was lover end prices here soon
turned easier under light southern selling
accounts. Reports that private returns
pointed to domestic consumption Of only
$4,000 bales Tor April. compared With
last year, probably sappointed some. OF
the recent buyers. Moreover, the weather
map was commented upon as the. most
"a Aot mgshs' aitu Lit. .ala ~ ~
Federal Reserve Bank OF Atlanta had estt-
mated an increase of only 10 to
20 per cert. Selling dd not become asgres-
sive or general, however. ard after show
ing net declines of about 6 to 10 points
the market rallied on covering, accom-
panied by reports OF prospects for settle
ment of the marine strike.
According to Liverpool trade adyices,
there is little prospect for a settlement
Whitsuntide holidays next week. Detailed
weather reports showed showers in West
err belt sections, but generally clear
tures, notwithstanding the comparatively
small April copsurnp ption, reports from the
goods trade were encouraging. Southern
spot markets as officially reported were IL
points lower to rs points higher, most of
them being unchanged.
The local market for spot cotton was
steady and unchanged at 1895 for mid
ding. No sales were reported.
The range or prices.
New-York tribune., 1921-05-10
Plans to Finance
US. Cotton Abroad
Are Studied Here
Conference of Leading Rep
resentatives Of Trade i'm
South and War Finance
Corporation Likely TO Aid

Ways and means Of financing the ex-
port sale of American cotton through
the War Finance Corporation were dis
cussed at length yesterday at pro-
tracted meeting of representatives of
leading cotton exporting houses, bank
ers and other trade interests at which
eugene Meyer jr., managing director
OF the War Finance Corporation,
pledged the assistance of the latter
organization in helping the industry
solve its pressing financial problems.
Details of the arrangements whereby
advances will be made to the exporters
OF cotton were gone into thoroughly
and, although no formal program was
lald out, those present expressed the
In this connection will be of great re-
Lief to the Southern spot markets, and
also to banking institutions which are
carrying loans against cotton
After the meeting Mr.. Meyer said
that discussions also went into the
question Of sales on credit to Europe
over. and above what the purchaser
on the other side can pay for in cash.
Cooperation of New York bankers had
been assured, he said, and while no
formal plan of syndicate operation
v,
this cooperation will be Forthcoming
when concrete business propositions
are submitted
Mr.. Meyer said he had no idea what
amount the War Finance Corporation
would lend to cotton, trade interests
for financing their business. 1t was
stated that a number OF loans have
already been made in this connection,
one involving several millions OF dol
lars, and now that working basis has
been agreed upon, it is believed that
further operations of this character
will be undertaken.
Besides Mr., Meyer, managing direc-
tor, and A. w. Mclean, director of the
War Finance Corporation, those pres
ent at the meeting yesterday we're:
w. J.. Clayton, Houston, Tex; w. S.
Thompson. Philadelphia; Richard r,
Harriss, New York; a. Fl. cleaver,
Dallas, Tex; q. S. Butler ir., New
Orleans; Oscar Wells, Birmingham,
Ala; Nathan Adams, Dallas, Tex;
Robert +. Maddox, Atlanta; Richard /.
Manning, Columbia, S. c.; T. j. Cald-
we'll, New Orleans; Rudolph S. Hecht,
New Orleans; ". II. Sprunt, Whining
ton, n. c.; Mills B. Lane, Savannah,
Ga; Sidney Y. West, Little Rock, ARK: i:
Charles Il. Burnett, Richmond, Va;
Henry G. Patton, Richmond, Va; d.
Raymond Noyes, H. G. Hoskier, A. II,
Titus, George L. Leblanc, Paul III.
Warburg, w. +. Woodman, E. b. Me-
Kenzie and G. III. Hand ir., New York.
New-York tribune., 1921-05-10
Wheat Turns Weal,
On Crop Outlook
After Early Gains
Prospects for Increase !.
Estimated Yield Fae,a.' =
in Decline: Corn Hall.
Firm Along Will. Os,s

CHICAGO, May s.-Wheat s,s..
setback in price to-day laraai,l r..Jr YEN
cause guesses regarding the or oa,..t re-
ment crop report were excss.;s.is syssts-
heansh. The market closed rass.ss oss.sels
at y to az net lower. with 9a.. 'sssssssc i ~.
TO sf.SSls x, ard July sJ.i3K ID e 80 ss..
Corn finished unchanged TO 4 = ~, e. q
oats up 1S(ds4 TO es@3zc ana lsFi
visions varying from t5c decls,Ip pte-
21ac advance. 70
It was generally expect@a ths4 .h.
erngnent estimate of the svfnsn.Se .Se goy@
yield for 1921 would bs about ~, ,wnsst
buEheis, whereas the official q d..tyas' .aes
were not available until after fto III sh,l-n
closed, pat 6Z5,2s7, 900 bushs,a ~ Htt
probable total of the harvest. Cartrrss.. re
q prevailing opinion beforehand the 70
ernr7ent report appeared to hays ~. ~,
into account the recent crop ds-nssss ~ssa S.a
veiopme'lts in the Southwest. 90 e.
BuliIsh field adrices to-day fra, :,
southwent made The fnarKet ays,sa. sss
higher during the FIRST half Of fha go age
but subsequently holders fost eonsa ssassssss
especially when ia the face of ljghs sacs e
ceipts cash premiums were lowered 7. 3.
&c. There was also talk Of s.xt9o~fa,se - =
selling. Furthermore, a decrease 4, =
visible supply total turned eu1 n h. -
than had been looked for. ssss
Corn ana oats were RELATIVELY So.
owing moro or ieEs 20 5000 0o9 busha,si y ~ ~
ducticn in the visible supply Of ro-s < :
the le,st fortnight. WE "a
Provisions averaged D little lower =, A.
absence OF any special demand. US
New-York tribune., 1921-05-10
Investment Information

Trunk, and the Grand Trunk directors
are now negotiating with the govern
ment for the sale of Grand Trunk stock
TO tho government. The Chicago, Mil
waukee & ST. Paul European loan 4 per
cent bonds, due 1925, are legal for say
ings banks only because at the out.
80 as to permit bonds that were legal
for savings banks to remain legal until
two years after the war wns ended.
The Chicago, Milwaukes g. st. Paul is
not now paying dividends, and we do
net know when the courts will inter
pret the war as having ended, but two
years from that date the bonds will
probably cease to be legal invest
ment. The bonds that are legal now
for investment are not those issued in
francs but are the gold As, which will
not be affected by the change in for
cign exchange rates,
New-York tribune., 1921-05-10
Mixed Securities in Bequest

Question: subnit the following list OF
securfties which I recently received as q
beauest and which wish you would ap-
praise and give any information concern
ing them which you have: Two Michigan
Central per cent gold debentures of 1909.
shares General Motors Corporation pre-
ferred stock, shares Michigan State TeIe-
phone 6 per cent cumulative preferred
stock, shares United States Steel Cor
poration preferred stock. shares United
states Radiator Corporation common stock,
10 shares United States Radiator Corpora :
ton preferred stock.--E. S. P.
Answer-We consider the Michigan
Central debenture 4s. recently selling
at 75. yielding $50 per cent current
interest and S.s2 per cent interest if
held till maturity, as good invest
ment. United States Steel preferred
is, in our. opinion, high grade. The
other stocks arc speculative, and we
do not advise as regards speculation.
It would pay you to send for a copy
Of the United States Radiator Corpora
tlon's last annual report and look at
their balance sheet and see what the
good will item is.
New-York tribune., 1921-05-10
Seeks to Invest $4,000 Mors

Question: have bought these from tim a
10 tirne far investment. Do you think IL
would be advisable to substitute others ?
! Will have about $4,000 more to Invest
eoen: Ono thousand dollars French loan
per cent 1899, $4,000 Liberty bonds, mostly
Victory loan; $1,000 Canadian National
pathways per cent Il think thls ss).
$4,000 Canadian Northern Railroad pe,.
Gent 1910, $1,000 Solvay Coiiieries and
ktngston Land Company per cent I945,
$4,000 Duauesne Light Corporation 6 per
cent ae4e. $1,000 Federal Furnace Com
pany per cent 1898. $1,000 Hammond
steel per cent ten-year convertible gold
notes 1929, 10 shares United States Steel
pToSerreu, $1,000 Kansas City Power and
Light per cent. These were purchased
through the Syracuse Trust Company and
they told nie they would help mo dispose
OF them at any tine.--C. r. M.
Answer-The Federal Furnace Com
pany 6 per cent bonds are part Of d
small issue, and probably would not be
readily marketable we're it not for the
TACT that the Syracuse Trust Company
would take care OF it's customers in
this respect and make market for the
bonds. The bonds appear TO be well
secured, however. This applies also to
the Hammond Steel Company IS. We
consider your entire list as good one,
well diversified and safe. For the sn-
vestment of the additional $4,000 we
would suggest two of the new North
cent bonds due 1896, being offered at
q price 10 yield Ga. The security
back of these bonds is, in our opinion,
ample, consisting in part as it does Of
almost the entire stock of the Chicago.
Burlington & Quincy, one of the
strongest railroads in the country.
The other $4,000 might well be invest
ed in the Montana Power first and re-
funding 5s due 1943, recently selling
at 81, yielding nearly 6 per cent cur
rent interest and over 6A per cent in
terest if held to maturity.
New-York tribune., 1921-05-10
Reaction on Curb
In Quiet Trading;
Oils Depressed
Active Shares Lose Small
Fractions AS Short Inter-
est Is Increaseds Bond
Dealings Dull

An active selling movement on the
curb market yesterday tended to cause
small losses in mary of the active is-
sues, especially in the independent oil
group. where advances had been great
est recently.
Maracaibo dropped 1 to 2a1s, while
Si,nms Petroleum, Carib Syndicate and
Salt Creek lost fractions. Intorna-
tional Petroleum was fractionally
higher.
Dealings In bonds were In smaller
volume. IndustriaIs were also quiet,
Intercontinental Rubber easing off q
fraction.
New-York tribune., 1921-05-10
Increase In Wa,ter
Wheat CrOD forecast

WASHINGTON, May 9.-The winter
wheat crop was forecast to-day at
100000 bushels more than estimated
a month ago, the total production be-
ing estimated at 629,2S7 900 bushels by
the Department Of Agriculture.
Acreage abandoned during the win
ter was less than per cent of the to-
tal area planted last autumn, COM
pared with an average aband onment OF
II per cent during the last ten years.
The crop this year is almost per cent
larger than last year, while the acreage
70 be harvested is 2.5 per cent more
than last year.
The xys ssop this year Is forecast st
New-York tribune., 1921-05-10
FINANCIAL MEETINGS
no THE sTOCKHOLDERS OF THE
LANES n fcAnAM q BROS INC

v<sNExs5 o. lsICzAHpfK4fA @ SKtOE5.s AtsOs
You will pleass take notice that pursuant
TO the provisions OF the bylaws of the
James j. McAdafn G. Bros. Inc. q special
poration win be held at the principal Of
nee OF the corporation No 3ss nth Avenue
Borough of Manhattan. City of New York,
on the oath day of May. 1921, at IL: 30
o'clock In the forenoon of that day.
You will take further notice that the pur-
pose OF said meeting is to elect q board Of
three directors to conduct the AFFAIRS OF
the corporation.
Dated New York. May z, 1921
TERENCE McADAM Ssoretary,
of James j. McAdarn 6 Bros, Inc.
TERENCE McADAM,
OWEN #. McADAM,
Majority of Board Of Directors and own
ers CT majority In amount or the
capital stock OF the corporation.
New-York tribune., 1921-05-10
THE NEW YORK AND HARLEM
RAILROAD COMPANY

New York, n. e, April 22. 1891.
NOTICE iS HEREBY GIVEN that the
Ninety FIRST Annual Meeting of tho Stock.
holders OF The New York and Harlem
Railsosd Company. for the election of Dr.
tsctors and the transaction OF such other
business as may lawfully be brought before
the meeting. will be held at the offics OF
tSs company. in Grand Central Terminal.
17th day OF May, 1921
The poll will be open at 12 o'clock noon
after.
The transfer Books win be closed at 8
O'Clock = al. on Friday, the 2sth day OF
Aprst 1891, and reopened on the morning
wv ~ Wsdnesday, the 18th day Of May, 1891
z EDWARD z. STEPHENSON. Secretary.
New-York tribune., 1921-05-10
.R. II Wilson Resigns

BosToN, May 9.-The resignation
National Association Of Cotton Manu-
facturers. effective July /. was an
nounced to-day. MIR. Wilson will CON
slnue his duties in connection with the
World Cotton Conference. of which he
is general secretary. He was formerlv
associated with she Seattle Chanab her
Of Gemmsrce, W.
New-York tribune., 1921-05-10
TME LIBERTY NATIONAL BAEK sss

Notice 10 aereby given that az q vmsas.
Ing OF this shareholders OF The Libarty Ma.
tiensj Bank OF New York. held ,n March
4, 1871. tae Plan, dated February /, 1S2l,
providing fof tho merger of ths said Eaak
into Ths New York Trust Company, was
Plan, 1t was voted to liquidate said Ma.
sienni Bank, and re-incorpornte State
Bank under the name Tho Liberty Bank
sf New York, aud that upon the organiaA-
t3en of said State Bank proceedings bs
taksu to nsersa seid State Bank with Tha
Nsw Yerk Trust Company.
D.. w. WAI.z. Ckskisss
New-York tribune., 1921-05-10
Standard Gas and Electric Notes
Bonds for a salaried Man


Question: would appr eciate receiving
your opinion of the following bonds as in
yestments for salaried man: Hudson g.
about So u; st. Paul &s Kansas City Short
Line 4as. ls41, selling about s3M TO
do you think of CITY OF Toxic IS, 1852,
selling about 60?-J. A,
Answer-We think that there is com
paratively little to choose between
Hudson & Manhattan refunding IS and
St. Paul g. Kansas City Short Line
41as, but what choice there is, in our
opinion, is in favor Of the st. Paul &
Kansas City Short Line, We think that
the selling price of the City Of Toxic
bs indicates some uncertainty on the
part of American investors, but this
may be partly owing to the fact that
Americans are not as yet accustomed
to investing in foreign government Sc
curities.
New-York tribune., 1921-05-10

Cusstfons ~ general interest 60 Sa-
VesteTs wslf be aaswercd IL, this eoa-
e,snn, tn tvhich ease owlv in;tiuss svilI
6s Msed. Others sill be anssoeYed by
ixail. address all inqasries, imcsas.
eng staMped, rddyessed saUefops, tn
Efaaacial Edstor, Ths Tyabans, lsk
Nassau Street, Neto York Citg.
New-York tribune., 1921-05-10
st. Paul European As

Question: have about sac TO ;nvas+
In securities affording the highest yield
consistent with q reasonable assurance OF
sateey sa OF I principal. With this in mind. viii
dom Of Belgium s per cent, due 1871 :
central Vermont first per cent due 1880,
and Canadian government; st. Paul Hall
road European 4 per cent due 1926 legal
for savings banks in New York ?--F. F. W.
Answer-We consider the Kingdom
OF Belgium SIS to be good investment
The Central Vermont first SIS also are
q, good investment, in our opinion, but
they are not guaranteed specifically by
the Canadian government, although
they are guaranteed by the Grand
New-York tribune., 1921-05-10
CANADIAN CAMP Cr.UB. rTn

" q. McNuIIoths SECRETARY and treasurer.
Grand Central Terminal New York CStv'
NOTICE OF ANNUAL MEETING.
S}ease take notice that the annual meet
lng OF fae stockholders OF the Canadian
camp Club, Limited, for the purpose OF
slecting Directors and Inspectors Of Elec-
slon and transacting such ether business
VIII be held on the oath day OF Nav. 1s2i'
az 10 O'clock. noon. at the offlce OF the Com.
pany at Bridgeburgh. Ontario, Canada
uror 80
New-York tribune., 1921-05-10
easa4. March .. 1ssi s'
FATRNONT f,OAT, gyOMPANY

The undersigned Trustee under the First
59s Mortgage of the above company has
the Sinking Fund provisions OF said mort
gage. Sealed offers of bonds to exhaust
said sum at q price not to exceed los per
ceutum and accrued interest will be re-
ceived by the undersigned at Its office, No.
55 Cedar Street New York City. up to ia
o'clock noon May 1T, 1921.
UNITED STATES MORTGAGE AND
TRUST COMPANY.
Ry CALVERT BREWER. Vice President.
New-York tribune., 1921-05-10
Adrance i,s Raw Sugar
On Increased Demand

Theirs was an advance or Il cent ia
raw sugar increased demand yester-
day, N sale being made at sac cost,
insurance and freight. Futures reflected
the stronger tone with rise OF TO
points.
Tho range OF prices
New-York tribune., 1921-05-10

Southern spot markets follow Galveston
quiet. unchanged at 12.1oc; gales zs3
bales New Orleans steady, unchanged at
1880; sales TAI balea. Mobile nominal at
11.2Sc; sales nil. Savannah steady. 12
points lower at 1916; sales 424 bales.
Norfolk quiet. unchanged at 1t.75c; sales
1870 bales. Augusta steady, unchanged at
unchanged at 11.50c; sales $50 balca.
Houston steady unchanged at 12c: sales
S,oS6 bales: Little Rock quiet. 25 points
higher at 1l,25c; sales 3s7 bales. Dallas
steady. unchanged at 11.45c; sales 2,5A7
bales Montgomery firm, unchanged at
I1c sales 53 bales. Fort Worth steady
unchanged at l1.40c; gales s8s bales.
New-York tribune., 1921-05-10
ELECTIONS
ELECTION NOTICE
Miggnfyrf pa pfs3c RnSspnesY El.,r,~nx~~

st. Louis, Mo-. April aT, 1871
Notice fs hereby given that the Annual
Meeting !, q the stoclSaolders OF Missouri
Pacific Railroad Company will be held al
the General Once OF the Com pany. In the
City of Sc. Louis, Missouri. on Tuesday.
May 10th 1924, at nine O'clock A. M for
TIE election Of seventeen Directors ror the
ensuing year, and for the transaction of
any other business that may come before
MISSOURI PACIFIC RAILROAD CON-
PANy.
BY =. b. BusH. President.
A L. uYgNRs Gaaxstarys
New-York tribune., 1921-05-10
London Wool Auction

LONDON, May 9.-There was a good
demand for the S,511 bales offered at
the wool auction sales to-day. Fine
woods hardened, Geelong greasy selling
at Esd. The Continent was an active
bidder for carbonizing sorts.
New-York tribune., 1921-05-10
MASUFa CTURENG s. SALES coz
YORATION

Ahfztbs sNeStlHE 0I SEockhOIders
The annual meeting of ths stockholders
viii be held at che office or the Company.
I0s Park Avenue. New York City, on the
18th dag Of May, 1891. az 2 o'clock p M.
sor the election of directors and for the
transaction OF such other business as may
pEoperfy con1e before the meeting.
G. a. MCCLURE, Secretary.
THE ANNUAL MEETING OFTHE STOCK
y HOLDERS or The STANDARD Gas Light
Company OF the City OF New York Will be
neid OF The Office Of the Company. Room
No. 20g. No. 1a0 East 18th Street. New
YORK City, on Wednesday, May 1ith. 1921.
ak f2 o'clock H.. FOR the election of plrac~
ters and this etransacsiou os such other
business 2s 1nReb eo1ns before sno meeting.
SoksasM. sANHo1N. SECRETARY.
New-York tribune., 1921-05-10
FINANCIAL

HkaE AIEEtsIl NATEONAL &ANK WH
NEW YO8K.
THE Liberty National Rank or New
YORK. located "a lSo Broadway, New York
City In she State OF New York, In clsaina
tia Rfairs. All noteholdera aad aths9
creditors OF the association are tharsfera
hereby notified to present shs no:es ana
ether claims Tor payment.
New-York tribune., 1921-05-10
Livestock, Meats, Provisions
Yesterday. Year ago.

Live beef, fair to
prime, 100 lbs.
d L G s s e d beef,
sides, lb....s.
Live veals, com
mon to prime.
100 lbs. ........
D : e s 8 e d veal,
city, lb.
Live ewes, 100 lbs
Dressed mutton,
city, lb.
Live lambs, fair
to prime. 100
Id. .....,....
Southern spring
lambs, 100 lbs.
Dressed spring
lambs, lb. .....
Dressed | a m b 8,
city, lb.
Hogs, 100 lbs.
d r 9 o 8 e d hogs.
bacon. lb.
Pork. bbi. -.
Meas beef. bbl.
Lard. VI l d d l a
New-York tribune., 1921-05-10
Wants His Risks Assessed

Question: have never seen any OF my
stocks commented on, and ! am anxious
15 shares Cities Service first preferred at
81, 10 shares of Pierce Oil preferred at "a.
asa@aBns s nskSe tee ei % @ shass snass' s
United Drug first preferred at as. 5000
francs of the 1891 per cent Victory loar
& Western at II. Should sell tile 5
per cent Victory loan bonds and take the
$1o loss on each and buy an equally de-
preciated home bond paying or z per
cent? or the above nothing has ever
netted me less than S per cent since I
semi -speculatons Have / any real risky
ones &c. A. G..
Answer - Your Lackawanna Steel
common is entirely speculative, as is
also the New York, Ontario e. Western
common. Your preferred stocks are, in
our opinion, good business mems in
vestments. Your French Victory bonds
so far as interest and principal are
concerned arc as good as the credit
ulating, however, in foreign exchange.
We cannot advise you in this respect.
Standard Gas and Electric Notes
Question--Please give ms your opinion
on Standard Gas and Electric Company s
cent. This yield is pretty high, and /
would value your opinion ss to whether
II is safe investment. am not looking
& Co. good. solid Arm &c. ID. 3.
Answer-Standard Gas and Electric 6
per cent debentures, due 1895, are O.
direct obligation Of the company but
are not secured by a mortgage. The
company's annual report for 1920
showed good margin Of safety over in
terest charges. The company is hold
ing company and part Of its holdings
are deposited under collateral mort
gage bonds. We should consider the
debenture 6s as semi speculative. H.
M. .Byllesby g. Co. enjoy a good repu-
tation.