davidaulloa/AmericanStories huggingface dataset:
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1921-06-30
First published June 80. 1921
ORDINANCE NO. 293


ORDINANCE NO. 2s3
AN ORDINANCE PROVIDING
FOR THE ISSUANCE OF I'M
PROVEMENT BONDS OF THE
CITY OF LIBERAL, KANSAS,
IN THE SUM OF $72, 409.17 TO
PAY THE COSTS AND EX-
PENSE OF THE IMPROVE
MENT OF CERTAIN PARTS OF
WASHINGTON AVENUE, THIRD
STREET AND EIGHTH STREET
IN SAID CITY.
WHEREAS, in pursuance of pro-
ceedings duly had and taken accord
ing to law, contract has been Yet
for the grading. curbing, guttering
and paving of Washington Avenue
between the north boundary line of
Second Street and the north boun-
Diary line Of Eighth Street; Third
Street between the east boundary
line of Kansas Avenue and the west
boundary line of Washington Ave-
nue. and Eighth Street between the
east boundary line of Kansas Ave
nue. and the west boundary line of
Washington Avenue, in the City of
Liberal, Kansas, and the total cost
of said improvement has been ascer-
tanned and the portion thereof to be
paid by a general tax, to be levied
upon all the taxable property within
said city, for the improvement of
the squares and areas formed by the
intersection of streets and alleys
with in the above defined limits and
for which bonds are to be issued as
hereinafter provided has been as
certained and is hereby determined
to be the sum of $18,233, 81 land the
portion thereof to be paid by special
assessment levied upon the lots and
parcels of ground liable for the cost
of such improvement has been as
certained and is hereby determined
to be in the sum of $56,099.5 80; and
the last named amount has been
heretofore duly assessed and ap-
portioned to the said several lots
, and parcels of ground on such
streets liable to the payment thereof
payable in twenty equal annual in
istallments according to aw,and the
amount of said special assessments
for which bonds are to be issued as
herein provided. in anticipation of
ne said special assessments which
remain unpaid has been ascertained
and is hereby determined to be the
sum of $50, 169.50, the difference
between said last two named
amounts having been paid by the
property owners on said above des-
scribed streets, whose property has
hereby been discharged from any
further assessment for the cost and
expense of said improvements in the
amounts so paid, therefore:
BE 1T ORDAINED BY THE MAY
OR AND COUNCIL OF THE
CITY OF LIBERAL. KANSAS:
Section 1. That the cost of said
street Improvement, after deducting
therefrom the assessments hereto
fore paid thereon, as aforesaid, shall
be paid in twenty equal annual in
llments, instead of levying the
entire amount at one time, the first
installment to be paid with the taxes
for the year 1921, and one INSTALL
ment with the taxes for each sue
ceeding year thereafter until the
whole is paid; and that for such in
stallments there shall be issued i'm
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1921-06-30

First Published June 80, 1929
SHERIFF'S SALE NOTICE
In the District Court of Seward
County, Kansas:
Chester Black, Plaintiff,
VS..
G. w. Chafin and Bessie Chaffin,
Defendants.
STATE OF KANSAS.
eEWARD COUNTY, IS:
70 ALL WHOM 1T MAY CON-
Germ:
Public notice is hereby given that
under and by virtue Of Judgment
rendered in the above entitled cause
and court in favor of the plaintiff
and against said defendants, and by
virtue of an order Of sale issued
and delivered to me-, / will on Satur-
day. the both day of July, A. D.,
1921, at the hour Of 2 o'clock, p. m.
Of said day. at the west front door
of the court house in Liberal, Kan
sas, offer for sale and sell to the
highest bidder for cash in hand, all
he following described real proper
ty, to-wit:
The East Half (E1-2) of Section
Twenty-Five (22), Township Thirty
three (S3), Range Thirty-four (S4)
West of the 9Th P. NJ. lying and sit
uate in Seward County, Kansas, said
being sold to satisfy a
Judgment and mortgage foreclosure
on said land.
Witness. my hand at Liberal, said
county and state, this 3Oth day Of
June, 1921.
W, o. NELSON.
Sheriff of Seward County, Kansas
BY T. W. Hubbard, Deputy.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1921-06-30

Qrovement bonds of the city of Lib
raj. Kansas, and the same are here
by issued in the aggregate sum of
$72, 403.17, as hereinafter provided
Section II. Said issue of bonds
shall consist of eighty bonds and
shall be numbered from one to
eighty inclusive.
Said bonds shall be numbered,
shall be due and payable and in
amounts as follows:
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1921-06-30

ACKNOWLEDGEMENTS
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1921-06-30
NO GUARANTEE

All of these tires were sold by the manu-
facturers to the Government three or four
years ago, and in the terms of sale the mat
ter of any guaranty applying TO The product
under which the tires might be adjusted,
was omitted.
While these tires were lrst quality tires
at the time of their sale TO the Government,
he assertion that they are guaranteed to
be exactly as received from the various
manufacturerg is extremely deceptive in
its application at this time, as our investi-
CATION of the conditions of the tires, their
age, care, conditions under which they
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
DIES AFTER SAVING FRIEND
SWEPT Overheard In Storm, Fisherman
fpraos Mate TO Beat ard Then
Drops Dead.

san Diego, Cal How John 2aher.
lin. n fisherman, gave his In. for his
fellow Vas told here BY Joseph vldo
vifh. TN ma!n, hse rsscped. g.... .,,..,,
Roth wer~ swept overheard from
the nshius smack Santa Lucia In 4
heavy storm They caught some nets
swept over al the same time and
pail~si their way along these toward
the boat until vtdovleh held to hla
companion with one hand and edgrd
toward the vessel with the ether and
his feet. After bitter struggle Zaher-
lin put Sldcyieh over the rail- and
Numbered after,
Il have hs'p%i you MI I can ha
said Il am going 20 die nav"
Then, vtdoy,ch said. yae~rlin fell
20 the deck, dying almost a, once.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

COMETHtNfi new Nss the summer
% ohr'hs. that 'hlay lba WORT any gay
and everywhere and az In with all
the usual vacation back grounds that
Ia what the prospective tourist IL loos.
ine for. Scratching practical !, tnna,
bs and q Httis np,e. and, lnierrEttax
Al least. There 10 great demand for
these pui dooring clothes Informal.
but srHarr aud full ~ style. The shops
ARE presenting many separate skirts,
10 be worn with suitahi. hDusss. and
providing handsome Light welght sweat
er-cuats with hats and parasols TO
match theiE. In fine materials. 10 an.
swrr the demand,
Separate skirts for midsummer have
taken 10 stripes and osshars, or
large checks IN which white and q
color appear together. White and
black. white and brown, white and
orange. white and beige and ~ on.
are made up In watly fitted plated
models The sweatsr,coats approved
fW wear with them, repeat the color
In the skirt usually. hu. ara sometimes
OF white. or vivid color may h~
chosen fer wear with black and white
skirts. rs emerald green. OF rose color
Whit. and otahge Ia fasnrits Ia
skirts with white sweater Goa, aud
hat. with sometimes white rarnsal.
Light rose or pink sets -cuat. HAT and
parasitic he worn with white skirts,
ARE very generally becoming.
Two rractical dresses fer the sum.
mer OUTING az shown In tho picture.
are novel ard pretty One OF the
heavy crepe weases IN silk WAS rhnssa
for the model at tho LETT ~ the two.
In white with crnss-har pattern ap-
pred nj 'tsi4tins keStshs~ 70 TIE sSrfsss
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

Tie coat TO match In siashed sboo,
ia Bottom and b%lted. RI has a short
hpplinx cape n1oss the back and 81.
bow sleeves. A wte. plated RUNE On
the blouse makes q trothy cascade Of
net down the frunt.
!. H., light, weight. A2seaih wess fabric
In a DARK color makes The attractive
dress at the right with plated skirt
and etnn jacket, IL has short saeeses
and La worn with a haad.mads hlcuss
~ nns wolfe and narrow lace, The
sleeves OF the JACKIE, are nn!shs4 With
a pretty el Of ne~dlework.
10 casting about FOR something, n~w,
the Innovation ~ knitted dresses must
no, be neglected; they ara pretty. In
he light tunes especially -. and arw
Just dawnins over the horizon of the
fashion world They look 40 II they
had much 10 commend them~~it must
h~ cuncetie,i tina, they have novelty.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

,,f,Srs ga ealse., nnes ~ rsay
IS uanx y,,iax N ~, sur,,nar ssrs-
,4s,,. ava ,hey ara u,.4xt obllslhx and
..,.,.,,.p,t.,.,, parn .v,,, ~ hte~tsa Ii
.saa,, 4, r,.rr wexx ~ MAJ th@r. 10
us,.a4 ,,sgs ay,xrv ", so, ~ rayr,.,~-.
= ts..,.e,g5 ana ,ra ge,rhs ntn4as,,s 70
i, r.g.,r.t.,t YASyr 80 49,. IL sr.taa.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

had died uue VI tho boys was eleven
y+Nas's sts ana the stsssT fsnr J.'azy
hal been left INSURANCE amounting -
about 81 100.
The crime tp which Bolt pleaded
guilty, although saying Il did not 10
II. Was an attempt to KIN the two
boys No that be could obtain the To-
surnnce money, nrst by attempting to
starvv them. thea by direct assault.
The resourcefulness of the older bog
blocked the staryatio, plan Locked In
ros,m With his brother, he found some
rotton seed aud they subsisted OF this
Tor a week When the starvation pro
gram failed. Not, brutality beat the
boys.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
Concentrates Golf.

Mrs Robinson would never AXE her
husbands golf seriously, She was ons
VI thaae people 10 whom all games are
an absolute mystery
One day she accompanied him % thu
links and followed him around. grum-
bling all the way Al last he landed
IN bunker and spent some time
neund.rtng about Ia the sand
Ills wife sat down on the top Of the
bunker. opened her novel. and said,
quite aifably You soc. darling. |
knew perfectly we'll that you could DO
all Of your playing la ono place, II you
wanted 10"
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
Warm Reception Expected.

Charon tparking EN- oat Gosh
what q mob Step lively there For
ward In the boat Say, does the
dsyil know ypa. otsliaws. ara pa iAe
wsys
Fu,d rrontrer--i, FOR one. didn't
phone for q reservation IL the old
boy crazy with the beat or sonethingH
Charon oh. he's used IA tho Mlu.
hrtous climate all right. but hos Ept
the dangtes, housing problem oa his
nind tina, ever rslsei hAdes with hla
tcmperamrntal disposition. = Buffalo
Express
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
ARkANSAM TRIES
TO MURDER BOYS
Wished Youngsters Out 81 he
Way So Nh Could Collect
Insurance.

wsinat Ridge. Ark.--AIthoagh hs
probably never read the story vi the
two little princes R the to~sr. Grsvsr
Bolt vac s~ntsncsd to serve ave ysar
In the state psnitentiary for . erssias
thar w~s almost q psr~sisi 10 Ktng
Richard hrs. except that II did not
result In the death Ut tbs intended VIC
tina
some time ago Bolt. who lived tn
tha nslghborhood at Hiehwoods. b
small farming settlement not far fron
Walnut Ridge, was appointed g,1aryfssn
OF two small oephsws. whose !, Arents
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

clusters at the back. Saeh fsinrse
u1sy IT, made In any ef the fasAlnp.
ahie frsiors. ard wurn WITH SILK ar
wgandy sAtrt, II 10 quite equal to high
oVesGdns
y fse Is~~~eT feSse~sei sssssss@e At sA~
right refuses M tAse NE seriously and
hears tailored salt cheerful can.mny
II Nv made ~ ssuEed ss3s tn the ngost
arFvu~ev. ADD stEaEse ~ sailorpys ssyi~s
so A. liz lcave ne aaatt as sn its srss.
sion In woySaaay world IL buttons
All ihe sy,apt ana the cuTs with ssssasi
ywsarl suttuns ard rcilrs rg~ss a rib
bon tic a. the throat for anlxA.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
NARROWED FOR THREE YEARS
ealIors leno Psvie1 On lsnsll~sss ~
email island Located In the
south eAaA

Aarooning occasionally brings about
q modern Cruace. jast m II did with
Alexander SelkiTk. who vas put ashore
at Juan FsrnanGsx. and Whose sdy~n@
lures gave Dssoe the Foundation fas
"Rob.nscu Cruaoe." TIE trading
schooner. Queen Charlotte, passing =
small island Ut the M@rqassas In The
South seas landed her boat 10 inv~xti.
cate ths' sniUEs sf 4 IRE. Aa II aas I'M.
dcrstocd the island was unlnhabii~i
Here was found United States IRA,
msn. who had bern pat ashore with
three shlpn1ates BY their captain, on
account W thsir mutipeas conduct.
The three others had died. but the
man from Connecticut rad contrsveti TO
i've ~ The Sah he caught. and The
trasatrui, ard ssscoaB,s acd other pred.
urss which he could gather When
rescued after three yearS loneliness.
his utensils consisted ~ great strsls
ara two caps which he pe.ssess+xs.
nj sie from the skulls Ut his rom.
y yisn<
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
TWO THINGS NOT LOOKED FOR
Even esei,A Gneiashs~an As~ the Nv.
mar In Ore VI Jssh eltilnDs
Famous JeAsA

Andrew Carnegie told 4 xcbd sso~y
Al the expense Of Matthew Arnold In
als Autobiography" II seems that
tbs EHsllAA critic VA nj s~ee~ssful
In hts lectures In thu United States,
but he was anxicus to learn, and 10
asked how JoAh billings heId his IN.
dienee, tbs American humovist ~.
piled Well. yca mustn't ks*p them
iMukhinx fpt'' sdMx." VT thsy wifi think
you are laughing d, them. After gsv.
Ink ihs aadl~nce amusement you Ianst
become earnest and risy the SERIOUS
role Fer iastane~. There are tive
ghinxs tn this life for which M man
In ever prepared, Wao will tell ne
what tlese srsy Finally sosps ons
~crtss uUt. TssN*s' 'Mafk. wfss rsv+m
me the etAesy Many respond
wealth. haETiEsms, strength. marriage.
taxes Al iS~s josh h*gins ~aleiauly
None Of yoa hiss given the .eexyua.
Therr are two things an earth sov
which bo msn In ever prepared. mnd
th@sas twins, and the house sha kex-
MIR. Aspcid did Rsso.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

I recommend youS medicine 20 anyone
Who d siling. You may publish my tessi-
menisl II you .hink IL viii help others. -
Mrs CARRIE WILLIAMS. overpeek. Ohio.
For more than forty years Lydia e.
pinkham's Vegetable Compound has
been rest,xing women 10 health who
Suffered suffered s.e.s !:..s-... -!.s== 4s=rl.=-
ments. hscksrhas. headaches, bearing
dawn pAlnx, nerycuxnsss VI the blueML !"
sIux<t tz4s@ h hssdt 4 tnstn ~ hssnsst
h ths uutted Etsass whssvin soass
woman does not reside who has been
mads well BY u That b why Lydia u.
Pinkham's Vegetable Compvund is now
recognized ~ tha standard remedy for
such ailmcnts.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

~atsrssy vegetable asd rssassas -
taks and b . psrt~t sahssasaas tss
ealsaass In IN gu&rAsssd v sears ycwr
liver vttAcas sssrrtaw ysa 10 tasaaA
and can not sA,imsal
nsas take csle~assa, m can not ~
srNsssa any uacwv thAA . leopard ~
Wild cot Take ps~a&s0s Liver Te@A
wAich ssrslghs~@s yea rsgat W aaS
MAKES yea FEED aSA Give n 10 ~
cAilarsa esexass II u psrs~rsiy harus
isss and asssnt gstgA-~Aav.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

II yeu are AAlktsd with any
fern VI skin disorder, yea srs wsfl
acquainted WITH the Aaming, karn-
tng iseAing tAAs AAsss Diseases pro-
dies
Skin diseases ars caused By N
mpartty Or disorder is sAs elo~d.
and there b no real and genuine
sstisf within year reach uncii such
Impurities an renewed.
SIS. has given great saaisfse-
ocn IN tie treatment At thsss dis-
sfs5sex. txcanss II b salk I doc
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
Dancing Party Frcek.

Dancing parties recently have shown
som. interesting little fruks with pro
nouncrd Oriental and Spanish touches.
one costume ~ henuA crcre, With Fer.
sIan embroidery forming large pary
~ the straight. slim h'r'Ice. bad tho
skirt npene,i In front TO show drop
~ snnti,coiorad velvet Oriental hair
decorations heightened the effect u
the East
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
CALOMEL DANGER
TOLD BY DODSON


CAiaxasi lssss yva . dsyi Tea kse~
chat calcssi In is's sserrury. saisk.
diver. calsassi 10 AAaEsrvsN II
rasAss into soar bile Aks tyaamttA
zxmrinx and sscksaing yes- oAlensi
Attacks The Asssss and sksaid ssvw b
pas iste yesr systsea
WAM yoa f~sa e4hsnA sfaewsaA
eoassspas&a and III knarAsd eat and
ssiisvs yea need doss u danss~cas
niesasi just remember that yoar drug
sfss sails f&x . fv~ e<nss 4 large bot
DO of Deasoaa Lives TuaA wAlcA h
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
TWO c0NvlCTS ESCAPE IN BOX


T~vHten n ] t'ssn wa ing them
s*iHss In larxv packing case laas't-
"sSS~S loha t'et4yx. ;aeaty se,es
years ssli aud Charles Ss'htes,H. TWEEN,
IN SIX, Haae thssr ESCAPE treaa the
stste prison here
Neen the rex was heiag places. Oh
a trcca az the freight sta tissa, he Ia
nS~ op*a ana Ihs cvhvsrtx tanpe5 sas
ATT. esss teavttx tire freight saaEerx
sasplag In astnsSsAmSat.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

Pittsburgh, Ia TIE srN ~cc,an to
hela a ctty cs~ctals position in Pitts
Narxh. Mrs Margaret 8 Gray, ts~ak
NJ sar iusis~ To-day 10 superintendent
al the ha~sa NJ r~er~1tstsA- vita
sur@rvsssen ever ail rlayErvun1s Soc
was Appreciated by Mayer y. ', haD-
exNk.
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

Tnem arr several new lines 10
veilx. une ~ tho latest ~ these
achieves plaid effect by clever ma
nipaiation ~ the weaving In another
you and the DOTS graduated large at
tsN ehfri ara Smaller ss~ara the sy~&
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

SflsNllne makes A splendid Gust.
cloth. ~ N leaves nS trace NJ linz
90 tee trarnlvar The hArxAla csaln.
tiers II the department ~Ares eAes~n
crnf.Sa r~smr@ats ri sslxn8ine wNach
csn s.e purchased sny fsu ceatx and
~h~r sgzrisAklsAa WITH rssisA. oa~ has
q g~aains enssias& s.zsa~am. anztsng
cl0tA
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17

bGIpxM Ana AM III
baby Was bzfn- !
suffered with back
sxsass. headache. was
generally run eown
md weak. | cav
Lydia Il. Pinkham's
Vegetable Com
pound advertised In
tbs newspapers and
decided 70 try II.
Nov ! feel fine. take
care Of my tive boys
snd n, INV IRWIN ws.r
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
1879
DIED, ;.

h New York City alone from KID
my trouble last year. Don't allow
yourscH to become q victim by
nexiscting pains end achea Guard
agsines tbAs. trouble BIZ taking
The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1921-06-17
GOLD MEDAL.
N12 ,.E!.Q

Ths wossdS standard fssnsty tps xidnsy.
uvss bladder and uric acid ueubisA
Hollands National Remedy since 1904
Al dragxisss. three sissA
LssA IT, ~ sams CsA Modal - every Ass
AnA AsssS4 . tatnesu~
New-York tribune., 1921-01-22
Unsettled Trade
Situation Abroad
Depresses Cotton
March Contracts Sell Down
Nearly 2 Gents a Pound
From Recent High on Be-
lief Stocks Here Are Big

The cotton market was weak and un-
settled yesterday owing to reports Of
continued trade depression abroad and
apprehension that part of the cotton
bought here for delivery on January
might be retendered on March con-
tracts. This led to heavy liquidation
Of the early spring month, which sold
off to 14.16c, or SO points below the
closing price of the previous day and
nearly &c a pound below the recent
best level. That delivery closed at
14.65c, with the general market closing
barely steady at net decline of 65
to So points.
The market was unsettled from the
start, owing to the continued weakness
of Liverpool and other unfavorable
features bearing on the outlook for
exports.
1t is still expected that there will
be about $4,000 bales of, cotton in ware
houses here by the end of this month.
Local brokers feel that immediate pros
poets for disposing of this supply to
either domestic mills or for export are
poor.
Southern spot markets, as officially
reported, were unchanged to IS points
lower, with middling cotton quoted as
low as 13O5c at Dallas.
The local market for spot cotton was
quiet and 10 points lower at 1850. No
sales were reported.
The range OF prices follows.
New-York tribune., 1921-01-22
Plans Speculation in Bonds

Question-Would you kindly give me
your opinion on the following bonds? i?
Northern Pacific Great Northern (Chicago,
Burlington and Quincy collateraD Joint As,
due 1921. I have $1,000 and am thinking
of buying ten 81 900 bonds on margin. Is
there any possibility of these bonds not
being redeemed at maturity? Would you
advise this transaction on margin? 1t
would mean a high Yield for an early ma
turity. How Cuba Cane Sugar con-
vertible deb. Is. st. Louis San Francisco
lative purchase? Any suggestions on
bond issues with a high yield and com
parative safety would be greatly appre-
ciated.-S. w.
Answer-We regard the principal of
Chicago, Burlington & Quincy joint
bonds as safe. We do not believe it
would be very profitable for you to
borrow $4,000 in order to buy ten
bonds. Much, of course, would depend
upon the interest you would have
to pay on your loan. Cuba Cane Sugar
7 per cent convertible bonds are safe
enough, in our opinion. The St. Louis
San Francisco income bonds are rather
speculative. Interest has been paid
regularly, but much depends upon fu.
ture operations of the road. You
might consider Hudson & Manhattan
per cent bonds, Denver & Rio Grande
first q per cent bonds and Rio Grande
Western first per cent bonds, all of
which offer high yields and are safe,
in our opinion.
New-York tribune., 1921-01-22
Good Foreign Bonds for Foreign Funds

Question: have about $4,000 that
you'd like to put away for a rainy day.
Might say l have had some letters from
ing; Central Pacific Railway Company 4
per cent European loan. dated March,
1911. due March. 194s. price about s57 for
yestnent? What are these bonds selling
for in pounds sterling? What is your
opinion on the British government bonds.
the national war loan per cent. due Oc-
to me over In Scotland that I don't care
to withdraw, seeing the exchange Is so
low, so thought I might buy some of the
above bonds and take advantage OF the
exchange. How about United States Rub
Der ten-year ~ secured notes. dated Au-
gust, 1920 due August. 1sso?-R. G.
Answer-For your purpose the pur-
chase of Central Pacific European
bonds and British Government War
Loan bonds are good choices, in our
opinion. The former are we'll secured
and sound. They fluctuate with sterling
exchange. The company may call the
bonds on six months notice, and at
present prices, il they were called,
the principal would amount to over
$40 a bond In view of the fact that
the bonds were ioated for about $50
it is possible that the company will
call them, thus effecting a saving for
capital account. We do not know the
price in pounds sterling. 1t is best
to purchase them here, we think. There
is very close market in them. We
regard British bonds as sound. United
States Rubber 712 per cent notes are
secured by first and refunding 5 per
cent bonds, so that they are in effect
equally secured with the bonds. We
regard them as sound.