davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-10-09
Holds Some Good Securities

t., 4uestion-Availing myself Of the general
of SoSr papsr tshs brty OF
sending you herewith a list OF. my present
eeSm,I,itments con mi and and ! shall feel extremely
me whether to hold or to sell or TO switch.
This list shows at the present moment
total ,l.I net profit Of about $500. II hold
eest of CARRYING the list from now, until
it would not be advisable to give up that
additional 5000 or any further possible
enhancement in value and liqudate right
With good position The T l5i seoayitis. s'sles are
Nth nro f1 Which, e. ssy esas aaw asox
about 5000. If necessary I could put up
another 15 per cent. am looking for
and thank you In advance. The list:
Stocks American Locomotive, Ameri
20 ad S
caso Great western. 40 Chicago Rock
Island pei. cent. 20 Chicago Rock Island
preferred. 10 Chicago, Milwaukee g. St.
Paul preferred, 10 Delaware & Hudson. 8
Erie arst, ! Minneapolis & st. Louis. 10
states steel :oe American esi Teephone '..sd asd
ass1y ss1 sh'' aonS. M eos oe 8 g.
Louis-san Francisco adjustment S., $1,000
Internationsl tic Great Northern adjustment
refunding Ans and $1,000 Chesapeake &
Ohio convertible bs. 1s46.--A. c. ~
Answer-Your letter is virtually a
request that we abandon our policy of
refraining from answering questions of
purely speculative nature. It is not
to be implied from this statement that
we consider your stocks and bonds
speculative. On the contrary, we be-
lleve that with. the exception of the
Chicago Great Western, st. Paul pre-
ferred, Erie first preferred, Minnea-
polls & st. Louis and International g.
Great Northern, income 6s, your stocks
and bonds are uniformly of good grade.
But the point is that you bought these
securities on margin with the intention
of taking a profit within relatively
short time and now you want us to
state whether we think this favorable
time to take profits. AS far as the
margin and your ability to support
your stocks are concerned, we think
you are amply protected, but further
than this we cannot offer any advice
without making an implied prediction
on the future course of the market.
That is something entirely outside the
province Of this. column.
New-York tribune., 1922-10-09
Newark Consolidated Gas

Question What Is your opinion on New
ark CoAsolldated Gas. bond or guaranteed
stock have $1,000 I wish to invest.
10. nj. "a.
Answer Newark Consolidated Gas >
per cent bonds, 194s, are good invest
ment, in our opinion. The common
stock deserves to rank among the bet
ter public utility common stocks, de-
riving an investment position from the
guaranty Of the Public Service Cor
poration Of New Jersey TO pay the 5
per cent dividend under the provisions
of flongterm lease. The bonds, OF
course, are the sounder investment,
New-York tribune., 1922-10-09
Woman's Speculative Stocks

Questionable writer Is acting in an ad-
visory capacity to woman who holds 100
shares each in the following list of stocks.
In order that / may revise this list for her,
with the Idea of getting her into list OF
bonds which are. you Will readily agree.
more suitable to her needs than this pres
eHt list, i should appreciate It ii you would
give me your valued opinion on the list as
1t low stands and suggest, Il YOU see your
way clear to do 80. what she may best rid
herself Of, including your suggestions for
grade bonds; Pressed Steel Car. Gulf
states, Great Northern preferred. Northern
Pacific, Wheeling e. Lake Erie, Great
Northern Ore. Cosden OIL United States
Rubber. Chandler Motors, United States
Cast Iron Pipe. Pierce Arrow preferred,
Pierce Arrow common, General Cigar, But
terick.---F. L. B.
Answer-Your question comes just
at time when the market has suf-
fered rather sharp reaction, result
ing from a too rapid attempt TO dis
count better business in the future,
but attributed for want of a more
plausible explain ltlon, to the Turkish
disturbance in the Near East. In re-
cent months we have seen the market
discounting dividend prospects which
though we are convinced that the po-
siticn Of the woman who holds these
stocks would be more secure after the
exchange of at least half the issues
for bonds of good grade, we are not
altogether convinced that this is the
proper time to make the change. If
all these stocks were sold now the
owner would sustain loss of about
$4,000 and after making the change
it is quite certain that the chance for
making up even half this loss through
81 H., ~ n
The question Of choosing q time for
taking this step, therefore, is some
thing which we must leave to you We
are convinced, as previously stated,
that the step should be taken at some
time, but do not see the necessity for
dispoaing of all ths stocks, Pressed
Steel Car, Great Northern, Northern
Pacific, Cosdcn and General Cigar
might well be retained. Our sugges-
tions for bonds to replace the stocks
disposed of would include international
cent; Chicago Union Station els,
1868, yielding about 5.5 per cent; Beth
lehem Steel 6s, 1912, yielding about 5.3
per cent; Duquesne Light 6s, 1949,
yielding about Sc per cent; Pere Mar
quette first 5s, 1856. yielding abou. ST.
per cent; Virginian Railway first SIS,
1862, yielding about 81 per cent; New
York Central refunding and improve
ment IS, 201S, yielding about So per
cent; Brooklyn Edison 5s. 1859, yield
ing about 90 per cent; United King
dom 5 rs, 1887. yielding about 5.3 per
cent; Kingdom Of Sweden 6s, 1889,
yielding about Sc per cent, and Domin-
ion of Canada 5s, 1862, yielding about
81 per cent. If this investors holdings
OF other securities or other sources Of
income are such as to make her sub
ject to any considerable rate of income
tax, we recommend an investment in
some Of the high grade municinal and
state bonds, or some of the Federal
Farm Loan bonds. II you think we'll
Of this suggestion we shall be glad to
make particular recommendations.
Wants BEST Buy''
New-York tribune., 1922-10-09
Logical Step

Question--As a constant reader I ask
your advice concerning the following:
own sixty shares Of Cerro de Pasco Copper
Corporation stock and am thinking OF SELL
Ing same and at the same time buy two
$1,000 convertible bonds OF the Cerro de
Pasco company. paying 8 per cent on par
value. The bonds pay interest, whereas
the stock pays no dividends Will you
kindly give me your advice ?yB. E.
Answer-Your plan to exchange
Cerro de Pasco Copper stock for the
convertible 8 per cent bonds impresses
us as logical.
New-York tribune., 1922-10-09
Suitable for Family

Question--W!l you kindly give me your
opinion of the following as investments for
a, family Of moderate means? What
vestments would you advise? Twelve
shares American Telephone and Telegraph.
shares New York Telephone preferred
$1,000 du Pont de Nemours TVS $1,000
Hershey Chocolate 7hs.-Mrs. j. II. B.
Answer-These are all suitable in
vestments for family OF moderate
means.
New-York tribune., 1922-10-09
Should Be. Able to Afford Los.

personal friend to make an Investment in
the shares of the United Barber Shops
Inc, OF New York. AS ! am not In any
position to lose any money I would like
some information regarding the safety Of
an Investment in this company's stock
Answer-United Barber Shops, Inc,
has not been in business lons enough
to demonstrate earning power sufficient
to place it's stock in other than a
mighty speculative class, and if you
feel you, cannot afford to lose. you
should not buy these shares.
New-York tribune., 1922-10-09
Inquiries Should BE sirned

Inquiries addressed to this depar
ment of The Tribune are regarded IS
confidential, but to show the writers
good faith all should be signed and u
address should be inclosed for rep!s
Letters from the following are being
held for Identification: ". E. H., Son
stant Reader" F. H. K, E. E. S. j. r
Widow" ]. P. NJ, ]. c., Mrs. A. ". b
j. A. LeB., j. A. R., Mrs. NJ. c., ]. A. ez
Mrs. M. G. w. and J. 7.
New-York tribune., 1922-10-09
Suitable for Business Man

Question: am writing you for informa-
tlon IN regard to Sugar Estates of Oriente
Is. due September. 1912 price 99A and
interest Would you consider it safe In
yestment 20. NJ. d.
Answer-We consider these bonds
reasonably good investment for
business man.
New-York tribune., 1922-10-09
Not High Grade Stock

Question: have been Advised to buy
ten shares OF Chicago. Rock island & pa
clnc per cent preferred stock. What do
you think Of 1t as an investment? II you
think II unfavorabie. will you suggest some
other bond or stock Miles q. b. r.
Answer-Rock Island 6 per cent pre-
ferred, although not q first grade stock
Investment, is suitable for any one who
highest class Of preferred stocks. Under
present operating conditions the ,divi-
earnings.
New-York tribune., 1922-10-09
Foreign Holdings Large

Question: am inc'osing list OF bonds
own and will appreciate an expression
OF your opinion relative to any changes
you might suggest. Do you consider the
list. well balanced and the bonds fairly
high grade? 10000 Libertys, second and
fourth; $1,000 Canadian Salt es. 1899:
q 900 French Republic TVS. $4,000 French
Republic ss. $4,000 United Kingdom Of
Great Britain and ireland 5hs, 1887; Sc. 900
American Agricultural Chemical 7As.
$4,000 City of Copenhagen SIS. 1871.
$4,000 United States Steel sinking fund ba,
1853: $4,000 Brooklyn Edison SIS. ls49.
$4,000 8. W. Straus & Co. real estate mort
gage bonds. $4,000 New York Gas. EIec-
trio Light, Heat and Power purchase
money As, and one $1,000 bond each Penn
sylvania Railroad Gas. Government of
Newfoundland ,6hs. 1886; Federal Land
Bank SIS, Spokane; Province Of Ontario
6s 1913; Ohio Public Service TVS. 1915.
five shares United States steel preferred
$4,000 first mortgages on local real estate
&C. e. f. =
Answer-Aside from the fact that
your holdings Of foreign bonds are
quite large In proportion to the IN
vestment as a whole, we can find moth
ing to criticize in your list. You could
well afford some additional railroad
bonds and we recommend that you buy
some either With your next investment
fund or with feinvestment proceeds
II you should decide to tighten your
holdings Of foreign issues.
New-York tribune., 1922-10-09
Would Like to Sell Bonds

Question---In 1914 bought of Peabody.
Houghteling Go. three $1,000 Texas city
due 1925, at par. Later the company
failed and in 1919 was reorganized as
the Texas City Terminal Railway Com
pany, the holders receiving bonds of the
new company and additional bonds to the
amount of their unpaid interest, in my
case. the total being $4,000. The present
sinking fund. due 1871. The last two
interests. January and July of this year,
were paid In cash. Peabody, Houghteling
Co. are offering these same bonds at 90.
Now l would like to sell at any figure
approaching. 90, but they will not even
make bid at any price. They evade
der advisement,' or words to that effect.
but nothing is ever done. thought
Peabody Houghteling Co was repu-
table firm. I want to sell. as I want the
cash Is there anything 1 can do about
IT'D. X. e..
Answer-Brokers making an original
offering of bonds usually provide a
market in the securities for their Gus
toners who may have occasion to dis
pose for their holdings. Peabody,
Houghteling g. CO. recently quoted 70
bid 80 asked for the Texas City Termi-
nal Railway 6s, 1941. The wide spread
indicates small demand for the bonds
Corn Products Common
Refining Company's common stock. first,
can you explain to mo why from 1906 TO
1919 the common stock paid no dividends
plus an addisons pey cens sedona ps1 as
this concern accumulated its large sur
plus due to the war and are large profits
new plant In France and three plants in
Germany? Fourth. are the directors in this
etc. &c. A. B.
Answer-The Corn Products Refining
Company may be said to be managed
by Standard Oil interests. When an
appreciable increase in earnings took
place in 1917, owing to decreased COM
petition due to the war, there were
dividend accumulations on the pre-
ferred stock Of 10 1-S per cent. The
payment of these accruals in 1916 and
1917 and the conservative policy of the
directors undoubtedly accounted for
the delay in payments on the comm on
stock. The company announced in De-
cen1ber, 1921, that it had started its new
plant IN France and that it's three
plants In Germany were running full
time; package business amounted to
more than 40 per cent of total busi-
ness, having doubled in four years, and
that it would probably increase to 60
per cent early in 1928. Early in April,
1877, operations were on a basis Of so
per cent of capacity. Earnings over
the period from 1913 to 1921 were at
an annual rate of about 10 per cent on
the common stock and for the first six
months Of 1922 were 6.85 per cent. as
against 3.58 for 1921. The company
owns various patents. It's surplus Of
$45,123,132, as of December 81, 1921.
was largely accumulated during the
war.
New-York tribune., 1922-10-09
Wants aBest Buy.

Question--PIcase inform ME through
The Tribune which OF the two following
common or Thinker Roller Bearing, and il
the latter Is likely to be put on the ex-
change. as am constant reader OF The
Tribune Wv. NJ
Anawer Timken Roller Bearing
stock is suitable for business man
IN q position to keep in touch with
earnings Of the company. Dividends
are paid at the rate Of $3 "a year.
American Sumatra Tobacco common Is
not on dividend basis and We have
no means of knowing when earnings
will be considered sufficient to warral.t
resumption Of dividends. The stock,
therefore, is largely speculatiye. Tiinr
Ken was listed on the Stock Exchange
the day before you wrote,
The Semi-weekly leader., 1922-05-13
TIRE PATCH is FIRST
. AID TREATMENT ONLY
Permanent Repair Should Follow
Soon as Possible.
Reckless Driving Over Glass, Into
curbs and Holes and Against
Rocks 10 Largely Responsible
for Loss Of Mileage.

Trying to make a blowout patch
do the job Of permanent repair Is
good way to ruin tires. The tire patch
is a frst-aid treatment to meet emer.
gencies, but as soon after the blowout
as possible it should be removed and
a permanent repair made. Unless this
Is done, the casing will have one weak
spot that is constantly growing
weaker.
A blowout patch does not unite It.
self with the rubber stock In u tire.
1t remains separate, and, during the
warping that takes place while the
tire is In motion, Chafes against the
ragged edges of the cut In the casing.
In time the hole reaches such proper
tions that 1t becomes difficult If not
impossible to repair.
When a tread cut Is responsible for
the blowout, the result is usually a
clean-cut hole. Severe bruises Ordi-
narily produce a ragged hole. Where
the fabric Is raveled or torn apart,
fabric separation is often the cause.
The standard-make tires offered
the motorlst today will not blow out
in their prime If they are treated with
care. Driving over glass, into curbs,
into road holes and against rocks is
usually responsible for loss of proper
mileage. The safest way is to have
your tires inspected regularly by a
tire man. He can eradicate the cause
Of future trouble before 1t is too lat !.
The Semi-weekly leader., 1922-05-13

y TTaSHIeHIdTy oIuV ET0VdVIUV UV an
Automobile Equipped With Fender.
arcuated front members disposed in
substantially horizontal planes and
spaced parallelly from each other,
rollers being mounted to revolve be-
tween the arcuated members, wheel
mounted to revolve In a horizontal
plane associated with the frame so
as to project ahead Of the rollers in
proximity to said wheel, and means
for adjustably securing the frame.
The Semi-weekly leader., 1922-05-13

Read every ad in this iss"e.
The Semi-weekly leader., 1922-05-13

twenty years he has spoken each year
to audiences In practically every state
in the Union.
Frank Dixon, as an interpreter of
the rapidly changing currents Of gov.
ernmental and social forces, has been
well described as "keen, caustic,
courageous, logical, brilliant-a gen.
eral hurrying out fact after fact into
battle formation"
"The Indispensable Tools Of De-
mocracy" promises to be one Of the
most important of the Chautauqua
lectures.
The Semi-weekly leader., 1922-05-13
SAFETY AUTOMOBILE FENDER
d Frame Presents Areuated Front Mem
bers Disposed in Substantially
Horizontal Planes.

The Scientific American in lllustrat-
ing and describing an automobile fen
der, the invention Of B. Kempler, 1907
Simpson street, Bronx, N. Y, says:
The invention relates to fender
comprising a rigid frame presenting
The Semi-weekly leader., 1922-05-13

Humanity viii be somewhat nobler
than II is when it begins to realize that
the 10Y Of wealth Is not in the indul-
gence that money procures, but In the
work that creates the wealth that
u,oney reprehentr,
The Semi-weekly leader., 1922-05-13

A distinguished scientist tells a wait
ing world that clocks run faster at
night than they do during the day.
Now we would like to hear what the
man suffering from insomnia says
about that.
The Semi-weekly leader., 1922-05-13
Notice. Farmers!

I have a big black Kentucky
Jack with white points, age six
years, weight about 900 pounds,
and will make the season with
him at my farm one mile east
on Monticello road. See me.
Willie TurnbOugh,
Phone 256.
The Semi-weekly leader., 1922-05-13
FRANK DIXON TO
LECTURE HERE
Eminent PubIlcist at Coming Red
path Chautauqua.
VIII Deliver Great Lecture on "The
indispensable Tools Of
Democracy"

"The Indispensable Tools of Democ-
racy" is announced as the lecture sub
ject of Frank Dixon, lecturer and
publicist, who will be heard at the
coming Redpath Chautauqua. Mr..
Dixon is nationally known as pow
erful Chautauqua lecturer. For nearly
The Semi-weekly leader., 1922-05-13
AQy]1T@PlO[3O[L[5
NEWS GSa 81

1t is estimated that automobile tour.
lists entering Quebec in 1921 spent no
less than $35,O00.OOO.
In many cars looseness Of the engine
bolts, those which hold the engine in
place, may cause misalignment Of the
power plant, and serious trouble will
be the result.
If upon examination the crankshaft
or connecting rod bearings are found
TO be worn little more on the ends
than In the middle it may be taken
as a sure sign that the crankshaft is
not quite true.
Evening star., 1922-04-26
ny GEORGE MITE.
BY Wireless to The Star and Chicago D

BY Wireless to The Star and Chicago Daily
News. Copyright, 1872.
BERLIN, April 26.-Austrian
crown jewels supposed to be worth
s1.250,000, including a necklace
measuring eight feet and contain
ing 1876 pearls. were secretly sold
at auction in Wiesbaden, in the oc-
cupied area. few weeks ago with
the result that ex-Empress Zita,
widow of Charles I. and his other
heirs have left only half of the
Hapsburg Jewels. Large diamonds.
hundreds of years old, were sold
partly to an English race horse
owner and partly to an Indian
prince on a visit to Europe.
The heirs of eY-Emperor Charles
have already brought suit to re-
cover the jewels, which were first
pawned by Charles through AL
phonse Sondheimer. a former
Creek consul in Germany. About
the time of Charles second coup
they were redeemed and taken to
Germany, where they were sold
Evening star., 1922-04-26
Maintaining Neutrality.

From Life.
Madge-What did you say to him
when he found you under the mistle-
toe with his rival?
Marjorie-I just told him he was
next
Evening star., 1922-04-26
AUSTRIAN CROWN JEWELS, WORTH
$780, 600. SECRETLY AUCTIONED

while Charles was being taken to
Madeira. Sondheimer was arrested
in Switzerland as the result of
this deal, but was released and
granted remuneration for having
been imprisoned without cause.
Ex-Empress Zita is doing her
best to get back the HapSburg
crown which was sold to some un-
known person at Wiesbaden. Sond-
heimer is now in Berlin searching
for the missing jewels. The Swiss
government is quite upset over the
affair and has given Sondheimer
permission to bring suit against a
well known firm of Paris jewelers..
who are supposed to have acted as
the auctioneers at Wiesbaden. 1t is
reported that the Hapsburg crown
has been sold to an American mil
lionaire.
Evening star., 1922-04-26
WEDDING OF MISS BAKER
SET FOR MONTH OF JUNE
Allister Mccormick, Her Fiance,
Says the Ceremony Will Be Per-
formed in London.

By Cable to The Star and Chicago Daily News
Copyright, 1922.
PARIS, April 26.-Allister McCormick
has announced that he and Miss Mary
Langdon Baker have definitely decided
TO be married in London at the end of
June, this year. No further details of
the wedding have yet been worked out,
he said. The couple will live either in
Chicago or on the continent Of Europe.
For several days, it now appears. Mr..
Mccormick and Miss Baker have been
in Paris, seeing each other frequently.
but breathing no word as to their plans
to their friends. The decision to an
nounce the date Of the wedding Is said
to be the result of a long discussion be-
tween Mr.. Mccormick. Mrs. Baker and
Miss Baker. Thee latter is reported to
have preferred to keep the matter Sc
cret until after the ceremony.
It Is unknown at present whether the
couple will now separate until the time
for the wedding or remain near each
other in Paris or London.
Norwich bulletin., 1922-05-19

25, stops at New York Q few days and on s5une 5, starts for the spot eight miles off KinsaIe Point, Ireland, whe.e the Lusitania went down in 1915.
 The expedition is costing s25o,ooo and some 500 stockholders are backing Leayitt
 Divers will have to go down 2s5 feet to reach the Lusitania and 315 feet for the Arabic-twice as far, Leavitt says, as any diver has ever been able to go in an ordinary rubber diving suit
 Eight diving suits have been built in Leayitt's own factory at Philadelphia at a cost of s2,500 each. The Leavitt suit is made of manganese bronze, quarter | inch thick, the torso and headpiece solid and the arms and legs made of ribbons 1 of bronze encased in rubber, with ball bearings at the shoulders. | Leavitt says a novice can go down 1 in his suit from 300 to 500 feet and re- main four hours.
 Air Is manufactured within the suit from a tube containing cubic feet of oxygen and nitrogen drawn from four pound cylinder of caustic soda. A valve outlet discharges the air, keeping pdre air circulating at least four hours The only line that connects the diver with the ship above will be half-inch CcOle lfidt COSlS l,lZV. ln- side this will be a transmitter and re- l ceivers within the headpiece
 The diving suit weighs $50 pounds but the enormous pressure of deep water reduces the weight on the ocean floor tc l75 pounds
 l Each ship has s5.Ooo,oo0 in gold barr 1 in her strong room, according to in surance records. Leavitt plans to If the. gold to the surface with a 20-tor boom.
 He plans to lift intact the Lusitani; purser's safe which is estimated to con tain $1,0Q0,00O in money and jewelry Very little is believed to be in the purs CTS safe of the Arabic which lies 4 miles from the Lusitania wreck
 'I will make the first trip down t
 the Lusitania," Leavitt said.
Norwich bulletin., 1922-05-19
EAST LYME SHORE FRONT
 IS TO BE DEVELOPED

According to the certificate of incorp- oration filed with the secretary of state by the Giants Neck Land and Improve ment Co of New Haven, the following list of officers will be connected with the project to develop the Giants Neck sec, tion of the town of East Lyme as sum mer resort: President and treasurer Walter D. Crockett; vice president, David B. Crockett; secretary, Clarence L. Crockett. The trio of officers will al so constitute the board of directors Of the new organization.
 The tract under development is the large stretch of shore property, front ing on the oSund in the neighborhood Of the old fish works and has been T fav- orite camping place for yacationers and weekend parties of city folk
 The standing timber on the property has been cut by the Brocketts and the land cleared up for sale purposes
 At a recent meeting of the legal elect ors of the town of East Lyme, 1t was voted to appropriate S1,5o0 of town funds to construct a road leading from the state highway in the Little Boston section to the shore property at Giants | Neck and work will be begun shortl! 1 so as to provide easier accessibility tC the shore resort under development Int l townsfolk regarded the matter as a simple business proposition, which vii pay for itself through the added reve nue from increased valuations.