davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-04-27
Rail Earnings Compare
Unfavorably With 1920
March Figures for Union Pa.
cific Show Drop in Reve-
nue.: Expenses Lower

Most of the railroad earnings reports
for March shown below compare un-
favcrably with March, 1920, but it is
notable that the Union Pacific was able
to reduce transportation expenses by
per cent.
The ratio of expenses to operating
revenues for the Union Pacific in
March was 72.76 per cent This is high
for the Union Pacific, but is compare :
lively low for most of the other roads
since REIMBURSEMENT of government
control. For the first three months o.
1921 the Union Pacific had % per cent
less gross earnings than in the first
three months of 1920, and was able to
reduce operating expenses by only 2.3
per cent. There was an increase in the
amount spent for maintenance Of equip
ment, traffic expenses (cost of solicit
ing freight and passenger business)
and general expenses, but there was a
decrease Of 81 per cent in transporta-
tion expenses.
The Norfolk Southern had operating
income little more than sufficient to
meet all fixed charges for the month,
The Delaware, Lackawanna & Western
showed a small operating income, as
against considerable operating deficit
in March, 1920. The reports follow:
Union Pacific
New-York tribune., 1921-04-27
Central Leather Deficit
For Quarter $3,95l,5z9

For the quarter ended March 81 the
Central Leather Company reported .
delieit' after ,l ,.ls Inventory adjustments.
alent, after preferred dividends. to 81 5a
a share earned on the $39, ,7O1 03O COM
mon stock IN the corresponding quar-
ter of the preceding year.
Profit and loss surplus amounted to
S223,297 contrasted with s4,757,608 ON
December 81, and S30,64O,498 on March
81, 1920. inventory adjustment was
given at $2,150,000 and deficit, after
deduction of $582.732 preferred divi
dends, at $4,534.31l.
New-York tribune., 1921-04-27
Seeks to Improve Mothers Yield

,luestiou--Ny mother has six Centrnl
Leather honis s per cent; seven New YORK
Electric iia1t Heat ana Power per cent
and afty snares United States Steel pre-
ferred ~ From this she derives an incoms
to retain this income. Recently she has
been obliged to borrow $3.50 at the bank on
one OF her bonds at the rate of per cent
Az this loan cannot be paid except by
selling a bond. l have advised that she
sell Il Central Leather for $500, pay her In
debtedness and With the $3.50 left buy six
shares Of a preferred stock paying per
cent or preferably per cent. This would
not deplete her income. How about six
shares of any Of the following: American
Telephone and Telegraph, United Fruit,
Rethlehem steel. United States Rubber
first preferred. virginia-Carolina Chemical
would yield at the price for six shares
from S45 to $50 a year. or any bond which
can be bought for. $3.50 which will yield
essential. The Central Leather bonds
mature in four years. Do you think 1t
advisable for her to hold them to matur-
ity She paid 1o3 for them. Do you think
the New York Electric Light, Heat and
Power per cents are safe bonds? l my
self have four New York Central refund
now 81. Could I switch them into ' any
thing of higher interest rate with safety
Of o9d nefpsi fSG ThSu p e. B. much sacrifice
Answer-Under the circumstances
you describe we think your suggestion
of selling the Centra' Leather bond
and paying off the loan and buying a
preferred stock with the remainder is
good one. We think that American
Telephone & Telegraph Company,
which is now paying per cent, is the
best Of the stocks that you name, not
withstarding the fact that it is a
common stock. 1t has, however, no
preferred ahead of It Baldwin Loco
motive per cent preferred, recently
selling at 100, and the American Tele-
phone t. Telegraph would make a good
combination. The total cost of 6
shares, 3 of each, would be s618. and
the annual income SIS. We think that
you could switch from New York Cen
trail 31ss to New York Central dchen-
ture 6s, due 1885, and obtain not quite
as high degree of safety, it is true,
but reasonably high degree of safety
and a better yield. Foreign govern
ment bonds are selling at lower prices,
we think, than are justified by the
facts. If yoNr mother sold her New
York Gas, Electric Light, Heat and
Power and bought Kingdom Of Dem
mark 8s, she would. in our opinion,
have as high degree of safety and a
greater WELD
New-York tribune., 1921-04-27
Complain of High Rates

:. WASHINGTON, April 2s.-Farmers
livestock producers and shippers filed
complaints with the Interstate Conn
merce Commission to-day that rail.
roads had increased the fixed charges
for handling livestock in Chicago to
a greater percentage than was authors
lzed oy orders OF the commission LASH
August increasing all rates.
The complaints held that the in-
crease from So to SO was q violation
of the transportation act in that the
fixed charge is part of ths inter.
state rates and that the increase should
have been oAly IS per can't
New-York tribune., 1921-04-27
Big Jump i'll Rail Pay Roll

OTTAWA, April 26.-The payroll Of
the Canadian National Railways in
creased from s43,265 ss1 to s81 ,347, $50
between June 80, 1918, and the end Of
last year, A. J. Mitchell. vice -president
IN charge of finance, to-day told the
House Of Commons. which is investi-
gatlng goyernment-own railways and
shipping.
These figures, Mr. Mitchell said, did
not inciude any increase in the amount
of labor required for increased busis
ness. He attributed the increasas to
the working-out Of the McAdoo wage
awards.
The retroactive feature Of the So
called Chicago awards, he asserted.
had cost the Canadian National Rail-
ways S4,S3l 1886 In back ray.
New-York tribune., 1921-04-27
Investment
Information

Qhssttc,.s Of general interest to In
vesfors U1l be dnsWcred IN this cst-
umm, ~ Which case only initials ssill
b used. Others soiu BE- answered BY
mail. Address all inquiries, inoIos-
.ng q stamped, addressed envelope. ~
Finamcial Editor, The Tribune, is1
Nassau Street. New York City.
New-York tribune., 1921-04-27
Weber & HeilbrOner Net
After Taxes $95,222

For the year ended February %
Weber & Heilbroner reported net
Net earnings amounted to $107,222 and
deficit, after deducting S138,014 for
dividends, was $42,792. Profit and loss
surplus was given at s166,377 and cash
$439,123
Louis Heilbroner, president, in his
remarks to stockholders, said: "Our
business continues to increase in VOL
ume, both in units and in dollars. In
view of the exceptionally favorable
financial position of the company, the
management is hopeful Of prosperous
yearD
New-York tribune., 1921-04-27
New York Dock Earns
S.. IA a Share i'm 1920

The New York Dock Company re-
ported surplus for the year ended
December 81, after charges. depreci
alton and taxes, of 1912 1886, equivalent
to $5.14 share earned on the COM
bined s1700o,oo0 preferred and COM
mon stock, compared to s633,756, or
$3.T3 a share earned in 1919.
Cambinad income account of the New
York Dock Company and New York
Dock Railway Company showed a net
revenue of S2,363 ,359. compared to ST.
114,S77 IN the preceding year. Operab-
ing income, after taxes, amounted to
s1,6S7,987. Surplus was given at $751;
93t. Cash account stood at Sl92, ,S06s
against S296,G37.
New-York tribune., 1921-04-27
New Inquirer Holds vanadium

Question--A lady friend of mine never
buys stock without consulting you. She
has advised me to do likewise. L bought
Vanadlum in January. 1t is several points
lower now and passed It's last dividend
Kindly let me know II you think 1T ad
visable to buy at the present price
MRS D. M. S.
Answer-Vanadium is a speculative
stock. You were wrong when you
bought it in January and you may be
wrong if you buy more now. We dc
not undertake-~to predict the course
Of the market.
New-York tribune., 1921-04-27
International Cement Quarter

t,on ae international Cement Corpora
sns . reported a net income for the
sSs.ser ended December 81, after
Il OK and taxes. of S838,081, equal to
shs~. share earned on the 268, ,404
comssoi es OF capital stock at no par value,
ssrnns sspafed to S654,102, or 5000 q share
inc iAsu on the 262,O14 shares outstand-
amornt ~ tne preceding quarter. Sales
Ses9 to $2,282,465 and net profits
New-York tribune., 1921-04-27
Attracted by Building and Loans

Ouestion-Will you be good enough to
advise to the rating and RESPONSE
blity OF the Railroad Cooperative Building
and Loan Association Lexington Avenue
and Forty fourth Street New York;?
Further. are the building and loan associa-
tions as closely watched by the State
Banking Department In New York as in
New Jersey y7-H. c.
Answer-We cannot undertake to
compare for you the merits Of the
banking supervision exercised by the
states of New York and New Jersey.
We think building and loan associa
tions in both states offer excellent ia
cilities for the investment of periodic
savings, and that they are safe: We
also think it would benefit both you
and the association you name for you
to take the trouble to make the ac-
quaintance Of some of Its officers and
inquire into its affairs, progress and
prospects. That is the theory of build
ing and loans associations, that they
are run by interested shareholders at
small overhead expense.
New-York tribune., 1921-04-27
Days Ne,u Issues

Watkins 4 Co. are Offering a new
issue of $5O0,O00 Hampden County,
Massachusetts,, 51a per cent bridge
notes, due January /, 1924, at 100 and
interest, to yield $50 per cent. The
bonds are tax exempt in Massachusetts
and are legal inve stment for saving,
banks and trust funds in New York,
Massachusetts, Connecticut and elso-
where.
The Compagnie Du Boleo (Santa
Rosalia French Copper Mines) has
sold an issue Of $1,o0o,oo0 8 per cent
SO rialgold debenture to syndicate
of bankers headed by Chandler & Co.,
Inc, and John Nickerson jr. The COM
pany operates a large copper mine in
Lower California, Mexico. The deben-
lures will be offered at prices to yield
about S1s per cent.
New-York tribune., 1921-04-27
'Cas'' Cut in Vest;
May Mean Drop Here

DETROIT, Mich, April 2e. - The
standard Oil Company Of Indiana
reduced the retail price OF gasoline
by three cents here to-day. The new
price ia % s-1o cents. The cut also
applies to refined oils and naphtha.
Eastern refners are expected TO
follow with reductions here, as
gasoline in tho West has dropped
about cents more than In the East
since the f1rst Of the year. The re-
duction by Standard OIL Of Indiana
may forecast drop in the price Of
crude oil in tho midcontinent field,
as this company is ono Of the
largest distributors of this grade.
New-York tribune., 1921-04-27
u. S. Steel Net
Earnings Slump
In lst Quarter
Dividend of $1.25 on Com.
mon Earned With but 55c
to Spare; March Showing
Poorest in Six Years

The United States Steel Corporation
in the first quarter of 1921 reflected
the depression in the iron and steel
industry by reporting earnings which
covered the common dividend reouire-
ments of $1.25 share and left a
margin to spare of only IS cents. This.
compared with $4.09 a share earned in
the last quarter of 1920 and ss.SS q
share earned in the March quRrter q
year ago
directors at their meeting yesterday,
however. declared the usual quarterly
dividend on the $5os,s02,5o0 common
stock outstanding. in addition to the
regular disbursement of Ia per cent
on the preferred stock.
noteworthy feature of tho earn
ings statement was the sharp drop in
the March earnings to $7.74l.35a. con-
trasted with $10,157S96 for Feb
ruary and $14,3S7,4 ,474 for January. Last
months total was the smallest re-
ported since April, 1915. when they
amounted to S7.2S6.4O9. The total net
earnings of S32,286,722, compared with
S4S,s77,S6 for the December. 1920.
quarter, and $42,0S9,O19 for the three
months ended March 81 last year.
After all charges, except dividends.
the corporation reported a balance of
Slo o,475,605, of which S12,658,7O0 wes
paid out in preferred and common
dividends. leaving a final surplus of
only $2,S16,905. In the December quar-
ter the surplus, after dividend deduc-
tlons, was $14,4S1,4 ,446. At the end of
1920 the company's total profit and loss
surplus stood at $523,454,S91, of which
S123.660,955 was in cash.
The following tabulation shows IN
detail a comparison of the earnincs
for the March quarter compared wish
the corresponding period a year ago:
MA 1921. 1920
Net earnings s32,2ss.722 s42,oSs,o1s
New-York tribune., 1921-04-27
Land Bank Bonds Rank Hirh

Question--Do you consider the Joint
Stock Land Banks per cent first grade
bonds a safe investment How would
these compare with Liberty's for safety?
Mrs. NJ. u. G.
Answer-We consider that Joint
Stock Land Banks per cent are high
grade bonds ranking almost, if not
quite, with Liberty bonds.
New-York tribune., 1921-04-27

iIast rnnsusllys road The tribune. s Advertise
~ ~ Room to Let. Phone Beck
New-York tribune., 1921-04-27
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there we're NO
tran ga ctinns veSterdaY:
New-York tribune., 1921-04-27

Inc net earnings in the above tabu
iatlon are arrived at after deductinp
all expenses incidental to operations
comprising those for ordinary repairs
and maintenance of plants, also esti
mated taxes and interest on bonds of
the subsidiary companies.
1t was stated in steel circles yester.
day that the Steel Corporations ship
ments and orders for the March quar-
ter indicated production of ingots
amounting to 3,924,0OO tons and e.
100000 tons Of finished products. The
volume of new business. it was said,
was unusually small.
The report issued by the corporation
yesterday did not take into account its
lower price schedule, as this did not be-
come effective until April 13.
New-York tribune., 1921-04-27

All kinds ef Domestic Heip. not the r..t-
less kind-reaohed through the Tribune =
Domestic Help Wanted Colun.n Phone
BsskmAn Seee.--Adyt.
New-York tribune., 1921-04-27


placements an d
sinking fund on
subsidiary company
bonds and sinking
fund United States
Steel bonds
Interest on United
states steel bonds.
premium on bonds
redeemed
Balance
preferred dividends.
common dividends.
surplus.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
County Commissioners

The Board of County Commission
ers held a special meeting Sept. 27. All
members were present.
In response to communication OF
the Nevada State Highway de .artment
requesting an estimate of public roads
mileage, the clerk was instructed to
prepare an estimate and present it to
the Board in October. The estimate
will be about 800 miles.
1t was ordered that the Treasurer
pay all vouchers on the light and pow
er system on the approval of the COLI
snlting engineer.
Ordered that no connections be
made with the high line telephone be-
tween Hawthorne and Lundy with any
other line.
A copy of the bill of sale OF power
line and material and deed to two
Hawthorne lots was received by the
board and it was ordered that check
for $32, 1868 in payment for same be
sent to the Farmers and Merchants
bank.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
PLANNING BIG WORK
AT OLD PINE GROVE

Parties coming in from the old Pine
Grove section state that plans for
one of the largest reduction plants
in Nevada is under way. Recently the
Old Wilson and other holdings were
taken over by new parties, who pro-
pose many changes
1t is understood that all OF the old
dumps are to be worked and the old
filings treated. 1t is estimated that
$4,000 tons per month will be treated
Iby the new process and on an econom-
ical scale Sanipling of the old works
has been going forward for number
OF months and are satisfactory, Tor
preparations for early spring work are
now under way. AS this is gold
camp with very little silver, the lower
grade ores were discarded years ago,
but will be all subject to treatment
The properties are situated in Miner
al county.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
Bra gen Witness Gets
Deserved Grilling

During the trial of the divorce
case of VIM II. Smith against Bar
bara Smith i'll the District Court
Thursday tile tes' imouy given lly
one c. S. Bowser, co respondent
and close friend of Smith, br, uglt
a scatling rsbuke from Judge
Walsh. Bowser was placed on tie
witness stand to prove the infidel-
ity of Mrs. Smith, and he unblush.
ingly declared that on several occa-
sions he had maintained illicit re.
latlons with Mrs. Smith, the wife
of his partlcu ar friend. His ties
timouy was so brazen as TO arouse
the indignation and contempt OF
Judge Walsh, who said that he was
not familiar with the manhood oi
morals of the Eastern States (Bo Z.
ser's home) but that he had never
heard of witness III this State ST
degenerate as to give sworn testi-
mony that would not only Prove
his own treachery to his friend, but
would also besnirch the character
OF All absent woman. The Judge
said that one of the most notorious
prohigates of the English nobll-
ity," when called as witness in a
similar case, had perjured himself
like a gentleman to p: otect the
honor of woman.
Judge Walsh further said that
the entire case was so disgusting
that he was strongly inclined to
throw it and everybody connected
with it out of Court and instruct
the janitor to fumigate the court
room
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
IN THE DISTRICT COURT OF
THE SEVENTH JUDICIAL DIS
TRICT OF THE STATE OF Me-
VADA IN AND FOR THE COUN
TY OF MINERAL.
In the matter of the estate of Charlie.
Whips Brown, Deceased.
NOTICE OF TIME SET FOR
PROVING WILL.

NOTICE is HEREBY GIVEN
that Hover c. Robbins has filed here
in an instrument purporting to be the
last will and testament OF Charles
Whippe Brown. deceased, together
with his petition for the PROBATE OF
said instrument and for his appoint
men as executor thereof, and that the
hour OF 10 a. m. OF Monday. the 7th
day of October, 1921, teing a day OF
Regular Session OF SAID Court. at the
Courtroom OF said Court, in Haw-
thorne, in said Mineral County. has
been fixed by said Court for the prov
ing OF said will and for the hearing oi
the said petition, at which time and
place any person interested in said es-
tate may appear and contest the pro-
bate of said will or show cause, il any
they have, why said petition should
not be granted.
S. Y. KELSO, Clerk
CANTWELL. & SPRINGMEYER,
Nixon Bldg, Reno, Nevada.
Attorneys for Petitioner
First Publication Oct. |, 1921
Last Publication Oct Is, 1921.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
A Fatal Accident

>George TroXel met with all ac-
cident last Thursday which result
ed in his death the following day.
Troxel and Esteban Llamas were
engaged in removing timbers from
ad old shaft about a mile east OF
Kinkead Troxel was in the SHAFT
loosening the timbers so that they
might be hoisted to the surface
While so engaged the side of the
shaft caved and he fell a distance
of about 80 feet.
Edwin Box happened to be pass
ing near the place i'll a truck at tile
time and he and Llamas drove TO
Kinkead, where they procured
ropes, wire, ETC., and returned to
the 81 afl accompanied bv Joe Beanc
and Richard Pearce. Beane and
Llamas went down the shaft OH a
rope and found Troxel in a simi.
conscious condition. With the as.
sistance of Box and Pierce the sue
ceet ed i'll getting the injured man
to the surface and hurried him to
the hospital i'll, Hawthorne. where
DR.. Davis gave him first aid.
DR.. Smith, Troxel's friend and
mining partner, was called from
Nina and remained with him all
night. Troxel never regained con
sciousness and died at 7:3O O'Clock
Friday morning
No bones were broken and only
a few slight bruises were found OH
the head and body
George Troxel had been resi-.
deut of this county for several
years and was interested in mining
property in partnership with DR.
Smith
Tie coroner's jury found that
Death resulted from concussion of
the brain, caused by deceased 5
head striking the sides of the shaft
in falling
He was a native of Indiana aged
AZ years
Undertaken Phipps of Yerington
was called here and embalmed the
body, which was today shipped to
relatives in Indiana
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
Items of Local Interest

Edna. daughter OF w. f. Hager, has
been very i'll with fever during the
past week This morning her temper
ature became normal, and it is hoped
that she is out of danger.
Albert Flick, who has been quite i'll
for several days, is convalescent.
Ed. Powers, miner we'll known in
this section, was an arrival from Reno
Thursday.
Mr.. and Mrs w. E. Knight arrived
from Reno last Saturday for short
visit with relatives here. They re-
turned home Thursday morning.
Frank Barlage came in from Nina
last Tuesday.
Mrs. Agnes Crownover was week
end guest at the home of Mrs. ]. c.
Rodder.
Mrs Chas Pherigo underwent an
operation at tl-e Ma@cn hospital last
Monday and is doing well, according
to word received from the attending
physician, DIR. Beaumont Brown.
~ Mrs. Joe Beane, who was on the
J sick list Tor few days, is able to be
ont again.
Judge aud Mrs. Walsh arrived
from Goldfied Thursday They were
accompanied by Mrs Kate Henley.
Mr.. and Mrs. Joe Beane and Miss
Vena Nicolas camped near Lundy for
three days during the week.
Henry Boerlin and sons spent last
Saturday fishing in Walker River.
They brought home fine string OF
trout.
Mr. and Mrs. Harry Wiley, Mes
danes Harry Fletcher Jack Hammill
Bertrand Phelps and Wade oil Nina
were entertained last Sunday at a pic
mic at the lake by Mr.. and Mrs. Fred
Balzar and Mr. and Mrs. Chas. Dim
ock.
Mrs. Myrtle Sullivan of Tone
pail is visiting Hawthorne friends.
]. S. Cain was visitor from
Bodie last Thursday.
Bob Barr wa SCALED Saturday to
repair car broken down on the Walk
or Lake highway. The party had
travelled over all Of the famous high
ways of Northwestern Canada and
Oregon, Washington and California,
but stated that they had yet to see a
road that surpassed the Mineral coun-
ty route for scenic attractions.
-Yerington Times,
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01

dump, OF which the vendors retain
ownership, that Is said to assay f37
ounces silver per ton.
The mine is about six miles from
Acme siding on the Nina branch OF
the Southern Pacific railroad Tic
Mineral County Power Systems cleo
trie line, now being constructed fro n
HaWthorne to Simon via Nina. will
run within five miles of the properly
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
District Court

Judge Walsh held session of
tic District Court Thursday.
Natlr llization papers were issued
to joan Giraud.
Decree Of divorce granted in case
of w. H Smith VS.. Barbara Grace
Smith on ground of adultery.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
-OOO-
Worth rrxina. Anyway.

Instead of trying to see how much
trouble you can stir up, get busy and
help those who are In trouble and see
how much you will enjoy the change
Exchange.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01

Tonopah-Mining properties through
out the district showing enlarged ac-
tivities.
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01
Claims Allowed
BY the Board of County
Commissioners.

s. 7. Kelso, County Clerk and OK.
oflicio Clerk of the Board OF County Com
missioners, hereby certify that the follow.
ing claims were duly allowed and ordered
paid by the Board of County Commissions
ers at their meeting held on the 18th ard
9th days of September, 1921
5. T. KELSO.
Clerk.
The following bills were allowed
by the commissioners at a meeting
held Sept Y, 1921
Pa Elec Mfg. Co., circuit 6rkers 445CO
Jno. A. Robblings Sons, wire !. S5.75
Electric Supply Co, insulators, 126.OS
Army Retail Store, tents, -. $500
Mrs. Andrews, stove, ........ 1850
So Pacific Co, freigh, 80. 1890
So. Pacific Co., freight insulators, 53o2
Power Switch Co., switches, o7522
The following bills were allowed by
the commiss 'oners at a meeting held
September ~, 1921
So, Pacific G., transportation S SIS
So. Pacific Co, freight, ... 1000
So. Pacific Co., freight, ..... oS.27
So. Pacific Co, freight, ...... sl00.40
So. Pacific Co, freight, .... 6c.s5
So. Pacific Co, freight, ..... ESQ
So. Pacific CO., freight, ..... 1913
So. Pacific CO., freight $40
So. Pacific Co, freight, .. 23.14
So. Pacific Co, freight, ...... 1907
New. Cal p Co, L. & P Line 32,166.sS
Nev Cal p Co, two lots 49,. 5000
Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-10-01

The following bills were allowed by
the commiss oners at a meeting held
September ~, 1921