davidaulloa/AmericanStories huggingface dataset:
The Donaldsonville chief., 1922-08-26

In the primary election held in
Mississippi last week for the nom
nation of a candidate for United
States senator, James K. Vardaman'
former governor and former SENATOR
led by few thousand votes. iiu-
bert D. Stephens came out second
and Miss Belle Kearney very poor
third. A second primary will be held
tSeptember 5, in which Vardaman an2
Stephens will participate.
The Donaldsonville chief., 1922-08-26
Life of a Five Dollar Bill.

The life of a IS bill is about 10
months. Then it is worn out and has
to be replaced with new one. This
is reported by the Federal Reserve
Bank of New York. It keeps con-
stantly on hand an excess supply Of
$500, 100000. of paper money to be
substituted for worn-out bills. You
are not surprised at the short life Of
SIS bills, having observed the speed
with which they travel, rarely linger-
ing long enough to get acquainted
N. O. States.
The Donaldsonville chief., 1922-08-26
"Af VOTE EVEN IF ABSENT
'er New Law Ballots May Be Left
With Clerks of Court.

&, ohaer the provisions of Act No.
vaot =. OF 1921, known as the "Absent
hon.s Law, citizens not at their
man'e es on the day of the coming pri-
na THY election still may participate.
mns. M voter who expects to be absent
ase t;aa present qualifications, rceistra-
tba M papers and poll tax receipts to
ms,, mug clerk of court. The voter then
elaa, shs the ballot which is sent by the
nh 70 the commissioners of election
sa,u are required to count it the
ess US votes cast in person. Strict
~ ~ secrecy is observed throughout.
.aa I time limit set is not more than
faso fan aays nor less than two days be-
t'fe The election.
The Donaldsonville chief., 1922-08-26

.s,o: VI. L. E. Dutfel, SIT Opelousas
ses' Donaldsonvnle, La.
The Donaldsonville chief., 1922-08-26

666 quickly relieves a cold.
The Donaldsonville chief., 1922-08-26

Send The Chief your next orde
for job printing.
SveÌŒt = World. [volume] (Cleveland, Ohio) 1911-1939, 1922-03-16

Nejnov6jSi strih pro nastava
iici iaro. P6kna kostkovana su-
kne dopln6na Jest kabatem u
jednoduche latky. Uziva Sc vet
Sinou ien barvy bile a cerne ac
isou die vlastniho vkusu pii-
pustny odstiny iine.
SveÌŒt = World. [volume] (Cleveland, Ohio) 1911-1939, 1922-03-16
KONEC.


Nejvetsi hodiny V cele Evrope
isou, jak pise "Umschau' Y
Siemenstadtu a to vyrobene za
valky. Tyto hodiny jsou umlstc-
ny na ctyrhranne vezi, cltajici
Is poschodi. Vez ie vysoka Is
metru, prumer ciferniku tech
to hodin ie 7 metru. kazda ze
ctyr "rucicel" je dlouha m
metry, rucitly male jSou l.15m
dlouhe. Jeden par "rucicek va
Ii 700 ky. Cifernlky i rucicky
IA noci sviti. Bici pristroi nenl
iako obvykle umisten Ia citer-
nikem. Ia MIN sc nachazl len
pristroj, obstaravajlci prepnu-
ii. M6Tenl casu vychazi Z ho-
dinove ustredny a hodiny jdou
stale pfesne. Zvlastni hlidkov6
zai'izeni pecuje o kazdou ma
pravu sehe mensl poruchv
SveÌŒt = World. [volume] (Cleveland, Ohio) 1911-1939, 1922-03-16


| ty jsi chuda, penize jsou pryc
!, a mimi zmiZel i hrich nasich
beder. Myslim, re by Sc mohlo
vratit nase byyal6 stesti spo-
kojenost'. Zacneme spolu Ease
novy zivot, jsmet' V novem
svete. Ty jsi chytra ia hloupy,
proto Sc k sobe hodime. Poma-
hej mi, muzeme byti ieste sta
stnymi." :"
Marketa sedela nepohnute,
nic neodpovidajic, jen obcas ma
mne pohledla.
Mann jeste svych vlastnich
dve ste dolaru,' pokracoval
muz We vypravovani, "nejdrive
odtud odjedeme, daleko, hodne
daleko, kde neni tolik lidi, do
tiche zeme - ia jsem silny
zdravy a umim pracovati."
Ma to vse nefeklo devce ami
"ano', ami "ne", sci jsem tedy
na nadrazi k agentovi pro-
mluvil MIN. Ten mi dial diva
listky a dobrou radu. Wal jsem
devce Ia ruku vstoupil s MIN
do vlaku, po kterem jsme jeli
tri dni a tTi noci potom til
nedele sli pesky. Ia costa ucin-
kovala dobre na Marketu. Ma
posledy jsem Sc stal pastyrem
a ona deveckou a "a nedlouho
isem od pana koupil dobytek j
pozemek a vedu nyni vse Mar
ketou sam. Vede Sc mi dobre -
| iak mne drive neStesti pronasle
dovalo, tax mann ted Stesti."
Tu ukoncil Pinkerton sve Wy
pravovani.
"A nevidel iste devce, pane
| Pinkertone?' tazala Sc no E.
va.
"Ano, ale jen okamzik. Po-
tkal jsem il. kdyz jsem odcha-
| eel ovcemi, as hodinu od dom
ku u nekolika krav. Poznal
isem il a nabidnul oyce ku kou
Ipi.
''To jsou naSe oVce," praVi-
! la.
"OvSem,' odvetil isem. "kou
pill jsem je od iednoho Nemce,
rozmyslil isem 81 to vSak, ne
budu penez jeSte rotrebovati,
slevil bych." F."
DevCe Slo Sc mnou zpet do
domu a kdyz mas uzrel Mister
Karel, small Sc.
"Ten je povedeny, pravil
nemecky k divce. Jest vyslan
20 mas Sc podivati, obchod $ ov-
cemi nam chtel len namluviti.
Dame mu malo "a mel" a devce
nabidlo polovicku.
"Jak vyhllzela?" vyzNidala
Eva.
"Byla bleda a wanna, avSak
silna zdrava."
"Dekuieme vam ia dobre
zpravy," pravil Jan. "Osvobo-
dill istc mne od temnych stinu,
ktere mne caste pronasledoyaly
cd onoho casu. Obayal iSem Sc,
SveÌŒt = World. [volume] (Cleveland, Ohio) 1911-1939, 1922-03-16

Sc sam sebe Jan tezkomyslne.
Tez Karel zustal, jakoby Sc
zeme po nem byla slehla.
Jan psal do obce Stepnice.
Dostal odpoved', V nez mu sta
rosta dekoval, re mu obou po
dial zpravu. Zanechali vSe, ko-
ne, dunn, hospodarstvi, kravy a
nevedelo Sc, kan Sc odebrali, i
pruvodni list karel tam nechal
| kdyby Sc do urcite DOLBY ne
vratili, pfipadlo by ieiich dedi-
ctvi chudym, tax znelo psani
predstaveneho.
! Zasnoubeni bohate Evy Vel
houtove sc vseobecne znamym
z procesu oslavovanym umel-
Gem Johnem Wredowem, jak
no New Yorku prekrtili, ac-
koliv to bylo davno jiz verej-
nym tajemStvim, prec zpusobi-
10 velky poplach.
Devcata zavidela Eve. Mat
ky pravily, re to Ease jeden z
vrtochu dcery milionarovy, OF
cove minili, re Velhout umel do
bTe vybirat sveho zete, ktery
nespekuloval tax neprijde 0
zadne penize vice jich vyde-
lavati nepotrebuje, ma jich
sam dosti.
0 Karlu Blaasovi a Markete
Meinhardtove nebylo mic slyse-
ii. ssMaa
Uplynul rok. Jan vratil Sc z
cest sc svoji PAM, ktere zcer-
venaly V Europe tvaiicky a jez
vyhlizela st astne jako kvetou-
ci ruze. Pripravovali Sc, by le-
| to ztravili ma SVEN letohradku,
ktery obdrzeli Cd papa Velhou
ia darem. Tu Sc dal ohlasiti
Pinkerton, zda-i by smell necc
sdeliti panem Wredowem.
"Jiste o onom hroznem devce
ii, ktere mi pTipravilo tolik kru
snIch hodin a tobe t6z,' pravi-
la Eva. 'Doufejme, re jest iiz
vSe skonceno."
"Jsem zvedav, co asi Pin
kerton vyzvedel," pravil Jan
"nebot' uprimne re@eno, onohC
venkovskeho devcete, ktere t
prichazi tax hrozne, mne zaji-
mala podivna povaha, a jeSte 5
| uzkosti vZpominam omen cas- y
| Union hotelu, ktery zanecha
tax temne stiny me pameti.'
Mezitim vstoupil detektiv.
Tentokrate sundal pan Pin
kerton svuj vysoky cylindr
snad 2 ucty k pritomne dame.
"Jiste Sc budete pamatova
ii, pane Wredowe," zacal de.
tektiv, re ulozil jste mi as
pred rokem vypatrati jistol
Marketu Meinhardtovou, kter;
zmizela Z Union hotelu. Zaji
mate Sc ieSte to?'
"Ovsem, pane Pinkertone, I
tesilo by mne, pfinesl-li jste m
dobre zpravy."
"Byl isem pred ctyrmi ned6l
mi v TeXasu, tam jsem sc sc
tkal Mistrem Harlem Blaa
sem, ktery kdyz mne spatril
dostal re mne velky strach. Sc
!. iSem lined k nemu a pravl
.jsem mu, re lsem priJel k mem,
Sc podivati a na ieho zdravi s.
poptati. Odkoupil jsem mu tn
Get ovcl - nebot' Mister Blaa
ma velky obchod s ovcemi :
bych mel ma ceste vzdy cerstv'
kotlety a sdelil lsem mu du
Verne, ze Marketa jej pozdra
! vuje."
"To nenl pravda, pane, pra
vii. "Vidim, ze plece newt
vse, neiste vsevedouclm, nebot
, Marketa Meinhardtova jcs
: zde."
"Jako vase zena, mister?
/, yyzvldal .isem.
''ro ne, nechce jeste, drlv
Sc chce upokojiti, ac ozelela il
: mnoho. Pomaha mi vydatne
!, hospodafstvi."
SveÌŒt = World. [volume] (Cleveland, Ohio) 1911-1939, 1922-03-16
s TEMNE STfNY.
Roman americkeho zivota
cd III. r. Bonna

(Dokonceni.)

pici a obratil Sc ku dverinl.
"Pockejte!" zavolal no Jan,
"kam jdete a &C minite delatiY
"Co bych tn delal, pujdu j
hledat," po techto slovech opu-
still pokoj.
Y tomtez okamziku vstcupil
k Janovi sluha a odevZdal mu
psanlcko. Bylo cd Evy, ktera
mu radostne sdelovala, re jest
liz zdrava a re mu mic nestojl
V ceste, chce-i il dnes navstl-
viii.
Pozvanl mu nebylo who'd. Ne
byl V takove nalade. delati We
seleho spolecnika. Ze vsak by
10 to prani Evino, ktere on vzdy
$ nejvetsl radosti vyplnoval,
jen kdyz j tim neco prijemne
no prokazati mohl, nasilim Sc
tedy vytrhl re sveho zadumani
a odejel do domu milionafova.
Eva byla veselejsi a priveti-
vejsi nez kdy iindy. Omlouva-
la Sc k vuli sve ranni nelaska-
vosti.
"Mela jsem tax tezke srd-
ce," zacala.
Jan Sc vsak nezdal pamato
vati, co mezi mimi rano bylo.
Podivala Sc mu pozorn6 do obi
ceie a ulekla Sc mad jeho neo-
bycejnou vaznosti, ktera Sc IRA
ella tax cistych, uSlechtilych,
jindy tax detinskych tazich.
"Co Sc vam prihodilo - Wy
hllzite vsecek prepadly?" taxa
la Sc Eva, isou ustraSena.
Zach mnoho, mnoho. !" odpo-
vedel Jan. "Obdrzel jsem vice
nez sto tisic dolIaru a boiim Sc,
ze na Mich lpi lidsky zivot, ne
Ii dokonce diva.
Tot strasnG. Odhod'te ty
penlze Cd sebe. Pro takovou
mallckost takoye starosti,"
"kdybych jen mohl. Jest to
dedictvi po me matce, Q ktcre
jsem byl oloupen. (
"OIoupen a od koho?" taxa
la Sc Eva
cod devcete ktasneho a ma
daneho."
"Od toho. ktere bylo vcera S
vami koncertu?'
Jan 81 ami nevslmal, re o tom
Eva VI.
"Ano, tato diVka provedla
lstive a odvazliv6 podvod," od-
povedel "byla to byvala sluz-
ka me matky cd detinstvi u mas
vychovana, !" vysvetloval Jan.
"a Wy Sc zaiimate tax dev-
&c, ktere ackoliv bylo podvod-
nici, muze vas uvest takove
starosti?' navrhovala Eva.
"Zailmam sc 0 lidsky zivot,
ktery byI tax madam neobycej-
nymi vlastnostmi ducha a kra-
sou tela, ktery znicil syoii ne
zkrotitelnou naruziEosti 20
mych penezlch a potom ="
Jan sc zamlcel
A potom-" napiate poslou
chala Eva,
* me osobe. Dojalo me tc
naneJVys, pfipojil Jan.
"A w, pane Wredowe, jak
smyslite o deyceti, iejiz osud
vas tax hluboce doial?" taxa
Ia sc Eva na olo lhostejne, a.
vSak pozoruilc ho uzkostllvym
zrakem
"Litost a opoVizenl, Souct q
oSl1llyost $ ieilm osudem, ze j
nemohu pomoci.
PRO mne tfebas souclt, = pr
villa Eva vesele a jeii oci pohl
zcly K nemR opct tim byvalyn
vroucim d zamilovanym vyra.
zem
"Ano, pro vas, nebot' me
srdce nalezi jen YAM q nase Ia
ska poVznasl sc made vsemi VI
~. ktere stale hledi mne k sobt
stahnoutl. Jest jako slunce II;
nebi, ktere Sc niclm nezkali, n
bot SVltl pres mracna. >
eNic nezkall." pravila EV;
radostne a poprVe obJala Jana
SveÌŒt = World. [volume] (Cleveland, Ohio) 1911-1939, 1922-03-16

Ole posledniho koncertu
jsem seznal, re vase budouc-
most jest zabezpe6ena a vase
pfijmy vystacl ma domacnost,
ma jakou ma dcera muze delati
naroky; ovsem musite ziti skro
mne jako zacatecnici, nebot
matcin podll me dcery neni We
iky."
"Vzdyt' isl jednou povidal,
papa, re obnasi asi million dola-
ru.'
| "Neco vice, mile dite, co
vsak jest to pro nynejSi cas-.
! Umelec nenadela tax hned ka-
pitaly. Musite setriti. Tvuj ma
stavajici manzel chce tebou
jeti do Evropy, sve vzdelani u
konciti a to stojl mnoho penez.
ia vas nebudu nicim podporo-
vati, jiz k vuli vasi samostat-
nosti. Az tn jednou nebudu, bu
dete miti vice. Nepomyslim
vsak vas tax brzy opustiti.' do
mluvil pan Velhout small Sc.
"Oh, vzdyt' name dost, az
dost," zvolala Eva, zaric RADIO
sti stestim. Jan byl vsecek "a
milky.
To bylo napadno panu Vel
houtovi dival Sc tazave Ma ia
na a potom ma Evu.
Papa, Janovi Sc prihodilo
n6co zvlaStniho, Dostal stotisic
dolaru," zodpovedela Eva ne
mou jeho otazku."
"To pIec neni zadne nestle
stiw
"To ne, ale iak Sc vse udalo,
jest cely roman. Jan ii to musi
vypravovati. Jest to tax zvlast
nj udalost, ze mohla Sc priho-
diti jen jemu."
Usedli a Jan vypravoval.
"PriznaVam Sc, re isem sta
rostliv nejistotou, do ktere mne
! pfivedl utek devcete, bojim Sc,
re to vezme Spatny konec," do
dial, kdyz ukoncil sve vypravo-
vanl.
| Pan Velhout premysleI vaz-
ne.
"To jest zle. Muzeme zalezi
tost tn sverit detektijovi, ire
! bas znamemu Pinkertonovi.
Zda-li, kde a iak najde devce,
jest otazka. Mela u sebe peni-
ze?' tazal Sc 20 chvlli pan
Nelhout, pferusiv takto ticho.
ia nevim. Pfi obligacich by
10 ieSte dosti nemeckych papi-
frovych bankoVek a dolaru.
mechanic zavolati Pinkerto
Ma Il rekneme mu ySe," navrho
val pan Velhout.
Detektiv priSel a mlcky po-
slouchal 60 mu Jan pan Vel
hout vypravovali Nezminil sc
ami sloVem, ze jiz jednou devce
: yypatral, mel iiz "a sve obchod
, nj zasady nikdy vice nemluviti,
nez je potreba.
Kdyz byli vypravovanim
/ hotovi, tazal Sc detektiv, jak
dlouho tomu, co odesla z hote.
} lu?
"Ctyri hodiny,' pravil Jan.
! "Mnoho casu,' soudil vaznf
Pinkerton, pozdvihl klobouk q
: vzdalil Sc.
: Jeden den plynul ia dru.
, hynl, Iadna zpraVa O dctektivo
VI, zadna stopa 20 Markete a.
| niz po karloyi. Idalo Sc, ia
i koby ie zeme pohltila. Iadns
mrtNola, jlchz prumerne male
2 zeno bylo ctrnact osob, ktert
/ skoncily bud'to yrazdou, ma
Il hlou smrti, nebo sebevrazdol
: avsak zadna podoba S kar
lem a Marketou.
Pinkerton chodil denne do u
: mrlci komory a patral, vSak II;
: darmo. TAX uplynuly tydny.
{ I'u nalczl .iednou Jan zpravl
a Y casoplsech, ze IA parnlkl
c "Gcrmania' iez plul do Ham
burku a iiz byI pet dnl IA &C
a ste, jedna DANA V noel vrhla s.
/. paluby do more, kdez zmize
New-York tribune., 1922-01-01
p. 4. L. Stock and German BONDS

Question What is your opinion Of Penn
sN Naiit n lload stock as an investment?
" lat is tho best thins TO do with q fcw
thousand MARKS OF German city bonds?-
4 -
Answer The best thing to do with
German city bonds, in our opinion. is
10 sell them just as quickly as you can
pennsylvania stock cannot, under pres
ont conditions. be considered an invest
nent. We thnS. The company has had
tc contend with a difficult combination
of unfavorablc factors arising out Of
the van and government operation. and
while is management has met these
conditions wish courage and ability, in
or opinion, the future is no. yet alto
gciter clcar for the companys stock
holders. The crisis may have been
reached and passed and probably it
has, but .hc possibility that if has not
is still strong ono~>h TO keep Pcnnsyl-
vania stock In tho speculative class.
New-York tribune., 1922-01-01
Tour Common Stocks

Qaestion-W you kindly give me a
lfitie advice regarding an Investment
Mhieh am about to make? have about
$500 and would like to invest ii in some
thing good. Which Of these four would you
advtse me 10 buy. Union Pacihc Railway
southern Facihc Railway. Canadian Pa
cite. American Telephone and rclegra phi OF
would you suggest amy other stock that
would be better tor me -. Y. G.
Answer Rather than put Your
money in common stocks YOU would be
wiser to put it into high grade pre-
Ierred stocks, such as Baldwin Loco
motive preferred or National Biscuit
preferred OF the four stocks YOU
name we think the American Telephone
and Telegraph is the best investment
for your purpose.
New-York tribune., 1922-01-01
Auswcr-Thore is absolutely nothing


III the newspaper clippings which YOU
send us to change our ort-cxprcsscd
opIhon OF the City Of Warsaw bonds
All the newspaper articles YOU enclose
rotcr IN general way to innrovod
economic conditions in Poland and we
have no doubt that they are based
upon facts, but that does not make
nonuS OF the city Of Warsaw payahlc
IN toIlsh marks and sold at a pricc
some 'Nrcc times the present exchanges
Naino OF Polish currency, an investment
inc exchange value of the Polish mark
remains at about the present figure Won
Wiil receive return of per cent on
your money at the prices al which these
bonds arc being sold by Story & Co..
WIN the cveH-prcsent possibility that
the bonds may be called at ITO, in
Mhlch case You will lose outright about
60 per cent of what YOU have paid TOR
the bonds That is one possibility.
Inefc are two other possibilities:
tlrSt thdt Polish marks may increase
IN v@luo, and, finally. exchange at par.
when Warsaw win have to pay It's debts
lii a currency worth Approximately l1Q
'imes ITS present value Human ma
lure and political institutions being
what they are, il is fairly reasonable to
suppose that the taxpayers of the city
"i N''W WIZ i'puulalc tncSc bonds
rather than submit to such usuriou.
rate Of interest. On the other hand.
1t IS equally possible and far more
probable that the Polish mark may de-
cline further and remain for long
period OF years at an exchange value
tar below the present rate. 1t mas
even be demonetized and a new uujt
created. In this ease the value Of your
ponds and the interest which you re
colve oa it VIII decrease us the Polish
mark decreases. and you viii receive a
very small return indeed ON vo,p.
money and possibly lose a great part
Of the principal. In short, there arc
only three things that can happen to
tnc exchange value Of the Polish mark:
1t VIII stay where it is. il will go M
or it will 60 down. In all three con-
treencies the people who by these
bonds may lose considerable part Of
their money.
New-York tribune., 1922-01-01
4 SpcculatiYc Leaning

a G g9uest,on1At pgessnt hold th- follow
phone and T"i"gr>ph purchased At lhs ::
GOO bond, French 7igs. external loan:
$1,000 bond, Philadelphia Company Il per
cont. purchased at 81 600 bond, Ohio
Public Service. Series \ ~ per cent boug ut
around 81. 81 0pr bona. Goodyear 'rirc and
Nuhber lHfl purchaeod at 90; Sl.o0s
bond, ACNl" MamUfaciurinr Go Of Voledo
ccn,' shares Chaeo Nslional Bank. pur-
c"asc" nj .''- ron. rodlnH rour column
ION oi he French. Goodreer aud l'hiladel
uhia Nou4ranN bonds and 'Gclephonc stock.
puiJ You rleasr write Nc concerning the
safety OF ono iphilc Service .nl Ac,ue
look for th" future an satisfied with the
Alflu o. aA the "h0Te 'lnentioned invest
lgoutS, but sinc-, ~ ohio l'uNYor service and
Acme MarufactNring Company. rarticularly
have oaNahle features That makes it sccr
llohahie that it may le called in as soon as
'hr money market picks up. DO YOU know
OF amy bonds OF a lower rate with about
the Salao NIeld and safety that are non
caNablo for 4 number Of years that YOU
could 'rcomlncnd in thrr stead2 Lest year
chase National Bank and Securities paid
q ~ per cent dividend which gave u
2eo. DO YOU tAinl. that it viii continu-
to Pay that hi.,h ralo2 The Chase stock
bidding for 600. ask 800 at present.
Would YOU advise me TO sen it If il goos
- 500 and buy Il bond with the proceeds
or would YOU advise no TO hold it? The
tact that it is uon-cal,ahlc if tho pros soocts
OF its liciainG 10 per cont makes il attIac-
tive 10 nc--N. s.
Answer Ohio Public Service first
and ,cfrndlng Series a 7ias, of which
there are So.loo,00o outstanding. arc
secured By a mortgage Oh all the prom
crty of tho company, subject only to
sl,971 ,ooo divisional prior lien bonds.
Net earnings Werc considerably over
twice the interest requirements, in
cludinE the interest on these bonds,
for the twelve months ended July 81.
We cannot advise YOU at what figures
to buy and sell Chase bank stock.
What YOU are attempting to do is TO
spcculatc and VIC cannot give advice
on this. We do not know what YOU
mean by Acme Manufacturing Company
IL per cent bonds, unless it be Ma
tional Acme Company first tcnyear
les, 1881, recently issued. These bonds
arc secured by first mortgage on the
entire fixed property of the company,
but we do not rate them as high arade
because they represent no increased
facilities or capacity, but arc simply
to refund current Indebtedness. Iney
are callablc at 105 We cannot tell You
anything about the future market
course cf any security.
New-York tribune., 1922-01-01
A Difficult Prnhlcm

Guest OH am aware OF the difficult
position at present Of tho Chicago Mil
Wsuhee St. Paul Enilroad, and have
read Nour remarks on this road in Tho
Tribune. My falnily has $o5. 900 invest~d
IN nc rs, ]'So, general mortgage, series
N' hoNGht at 30 about eight or nine a.ears
az" May ask You to print vour ost1,ion
IN in" Ar'punc whether TO oi-pos. Of
,t'Sc bonds az this time. and take o,r
loss rather thlD taking further chances
ol INC present n1ano cement OF the road
pclhH 'pIe 10 lut Il on PAVING hasis? {
Know tina no dividonhs have bcon paid an
the common and preferred stock for some
wears, and t-"retore they arc verr lo,v m
price, h'u understand that There is no,y
som" danger that tho interest On ,n~ 49,,
jDnulns mortgage may be diycontinuod l.,
'his likely e. T.
Answer-It is very difficult to tell
you whether YOU should sell your St.
Paul 4}2s at this time. [, is always an
nlcasant duty advise the taking OF
a loss and in the case Of the st. Paul
there is always the possibility that the
1uturc may turn out to be better than
1t appears at present. Nevertheless. if
you desire to have your funds invested,
there is no question but that you ought
to take the loss and sell your bonds
ANY other course is a speculation in
future of business generally and in
better times for the st. Paul in par
ticular Of course, if these securities
form only part of your Investment
and the remainder consists OF higher
grade bonds and preferred stocks,
there would be much justification in
taking a speculative course.
New-York tribune., 1922-01-01

TO give current return Of G.Sl and
yield to maturity of 7.13, and 81 .0Oo
New York Central convertible dcbcn-
ture is, 1885, recently selling at about
", to give current return of 6.14
and yield to maturity Of G.25 Both
these bonds are good investments. in
our opinion, and while tho return upon
them is somewhat lower than the aver
age return upon your list YOU must
remember that there has been a very
marked change in money rates during
the last few months, with the result
mat 1t is no longer possible to obtain
tho same high return from invested
funds without sacrificing too much of
safety
New-York tribune., 1922-01-01
Full DiycrsiGcation

Question-sinco the time my momorl
Iruns back. have been rcadcr of tho
all the news and take much delight in
reading the editorial rsge, and Tho hnan-
cial as we'll 1t occurred to me 'ha; YOU
ments TO consider in placing al bout $4,000
want. of course the best and safest. at
tho same time the largest return con
sister, with safety. am retired from
business and depend on my investment re-
turns for inconlee.-S. J. T.
Answcr-ln an investment as largo
as 5000 it should be possible TO OBJ
tain large degree of diversity and a
higher yield with average safety than
could be obtained in an investment of
$4,000 or 1000. We would advise
combination OF bonds, preferred stocks
and the inclusion OF one or two com
mon stocks that may be rated as good
business mems investments. We would
divide the bonds fairly evenly between
premium bonds and low coupon rate
bonds selling at discount, so that you
may get the benefit in your lifetime Of
the full interest return currently on
the investment. For the low coupon
phone first and general 4 IS, due 1899,
recently seelling at saA: Bush Ter
minal Building first 4s, due 1852. re-
Gently selling at 1917, Southern Rail
way development and general Is, due
1866 recently selling at 81 Il; Southern
Pacific convertible As, due 1929, on
which the conversion privilege has cx-
pircd, recently selling at So x, Norfolk
& Western convertible AIS, due 1898,
recently selling at 90, convertible at
par into stock up to September /, 1923.
For the high coupon rate bonds we
suggest Westinghouse Electric and
Manufacturing Is, due 1881. recently
selling at 1864; Chile Copper convert
ibc IS, due 1881, recently selling at
S35s; International Mercantile Marine
6s, due 194l, recently selling at SS's;
Duquesnc Light first and collateral
trust Csc due 1949, recently selling at
100A; Liggett e. Myers Tobacco de-
benture rs, due 1914, recently selling
at Ill Il; Northwestern Bell Telephone
rs, dive 1941. recently selling at l07. and
Chicago Union Station first mortgage
6As, due 1868, recently selling at 1l2.
We suggest the following preferred
stocks: Corn Products preferred, Bald
win Locomotive preferred, United
States Steel preferred, National Biscuit
preferred, American Car G. Foundry
preferred, Bush Terminal preferred,
Packard Motor Car preferred, American
Smelling & Reclining preferred. In ad
dition, we suggest American Telephone
& Telegraph Company common, Amer-
can Bank Note common and New York
Corfro1 co,,roor