davidaulloa/AmericanStories huggingface dataset:
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20

way and Mrs. Rboda Fleming. Clerks
Precinct No. 3.-Counting Boord-
BERNARD Marshall. Lloyd StempIe and
Edna Jeffreys, Commissioners. and w
% Mathews and Gae Mathews. Clerks
Sherman District.
Precinct No. Receiving Hoard
u. John Fogle, Leaford witt and l.. J..
barr, commissioners, and II. G.. Stump
and X. f. Bennett, Clerks.
frecinct No. Counting Board
columbus Elliott, $. II. Wilson and
French Polling, Commissioners. and
FRED Robinson and Gus Weaver.
Clerks.
Precinct No. 2.-Receiving Board
James Hickman, Hugh Johnson and M.
). Ayers, Commissioners, and /. s.
GehO and j. X. FurgusOn, Clerks.
Precinct No. Counting Board b.
Il. >. Bland, ]. Il. YOak and S. III. ST
mers, Commissioners, and Lloyd
wright and Andy Right, Clerks.
Lee District.
Precinct No. 1.-Receiving Board-
Roy Sturm r. w Everson and II. IT
Price Commissioners, and Pratt Barr
ana John Lynch, Clerks.
Precinct No. Counting HOARD
}. A. Hoskins, J. J. Davis and Lon
Powell, Commissioners, and f. w. Hall
and Alva Laughlin, Clerks.
Precinct No. 2.-Receiving Board
w. X. Sapp, French Starcher and G. T..
Whytsell, Commissioners, and George
Lynch and Holly hester, Clerks.
Precinct No. 2-COuntlng Board
Andy CraddOc, G. J. Kingsbury and II
NJ. Maffett, Commissioners, and Homer
sampson and G. G. Kelley, Clerks.
Precinct No. 3.--Receivina Hoard
John Slider, Al Ball and AIva Rel.
commissioners, and W.tJ. Sturm and
NJ. w. Stout Clerks.
Precinct No. 3.-Counting Board
ollie Kerby, Joe Riggs and Earl stout
commissioners, and L. l.. Ball and
John Husk, Clerks.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
NOTICE OF TRUSTEES SALE.

by virtue of certain deed of trust
made by f. w. Campbell and wife to
the undersigned \. G.. Mathews. trus-
tee. bearing date on the Goth day of
August, 1919, and recorded in the
CLERKS office of the County Court of
Calhoun county, West Virginia. in
Trust X Mortgage Book No. at Page
2GJ the undersigned trustee will on
tuesday the 10Th day of August, 1922
at the front door of the Court House Of
Calhoun county. West Virginia. at
GrantSvillc, offer for sale the following
described real estate. lying and being
situate III Washington District Cal
noun county. West Virginia. on the wa
ters of Lower Nicut
81 4 parcel of 641h acres. eycrpt-
ing therefrOm two small lots. one of
100 square rods. and the other of 2JOO
square feet. and One-half the oil and
GaS heretofore conveyed unto \. H.
Jackson
CO y parcel of 10 acres. excepting
thcretrOm acres conveyed unto Eliza
beth Kelley, but including in said one
fourth of the oil and natural gas in
SAID acres, so excepted; and olso ex-
cepting therefrOm one-half the oil and
gas heretofore conveyed to A. III. Jack
son from said 40 acre tract, and the
lots known as Mill Lot" and Store
house Lot"
(3) a parcel of 1874 acres, except
ing therefrOm 8 acres heretofore CON
yeyed to G. X. Chenoweth, and three
fourths of the petroleum oil and natur-
al gas in said 1874 acres
az One-fOurth of the oil and gas
in parcel of % acres, situate as
aforesaid; all of said real estate being
more particularly described in said
deed of trust by metes and bounds. to
which reference is here made for a
more particular description thereof.
Terms of sale: Cash I'm hand ON
day of sale.
A. G. MATHEWS, Trustee.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20

In presenting the announcement this
week Of Senator Eskridge II. Morton
Of Webster county, for the Democratic
nomination for Congress from this dis
trict the Chronicle introduces no
stranger. Sen. Morton has represent.
ed this senatorial district In the state
Senate for the past two terms. and has
made public servant of the finest and
highest type He has campaigned in
various sections of the county. making
school house speeches and where he
went he will be remembered and his
candidacy will prove popular.
He Is and eloquent stump speaker. q
sound thinker and reasoner and Will
make a fine candidate II nominated
II elected to Congress glory VIII not be
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
For County Commissioner

l hereby announce my candidacy for
the Democratic nomination for County
Commissioners subject to the will of the
voters OF Calhoun county in the Aug
ust primary. If nominated and elected
TO this most Important position 1 will
strive to serve the people Of the county
to the best of my judgment and ability.
1 solicit the support Of every voter.
d. OSCAR CHENOWETH.
Nicut, w. Va.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
CARDUI HELPED
REGAIN STRENGTH
Alabama Lady Was Sick For Three
Years, Suffering Pain, Nerves.
and Unprecedented Her
Own Story Of Recovery.

Paint Rock. Ala.-Mrs. c. M. stsenH.
OF near here, recently related the pal-
lowing interesting account of her re-
covery: II was In q weakened con.
dition. I was sick three years In bed.
suffering a great deal OF pain, weak.
nervous. depressed waa 80 weak.
couldn't walk across the floor; fust
lad TO lay ard ny little ones do the
work was almost dead. I trieA
every thing heard of, and a number ~
doctors. Still didn't get any relief.
couldn't eat, and slept poorly.
believe IL hadn't heard of and takso
Cardui I would have died. I bought
six bottles, after q neighbor told noe
what 1t did for her.
Il began to eat and sleep. beRan 20
gain my strength and am now wei
and strong. l haven't had any txov-
BILE since -. sure can testify 70 tho
good that CaTdui did me. I don't
think there is a better tonic made
and believe 1t saved my life"
For over 40 years, thousands OF no
men have used Cardui successfully.
In the treatment OF many womaniy
ailments.
If you suffer as these women dsd,
take Cardui. It may help you, too.
At all druggista. e IS
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
LISTEN

To what ! am going to say. have
farm of 100 acres which I am going
to sell within go days 1t is part of
the J. S. Beall farm, miles south Of
Burnt House in the Beall settlement.
II you are In need of farm it will pay
you to come and look It over for it is
going to be sold.
p. A. BEALI.
lib A. Burnt House w v.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20

AKA a candidate for the Democratic
hsslnatieH for County Superintendent
Of Free SCHOOLS. subject to the August
primary. l respectfully solicit your
support.
THORNTON c. CAIN.
Big Bead, w. Va.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20

hereby anRouRcO nay candidacy for
the Democratic nomination for County
Ce@nissiosSr, subject to the August
primary. II nominated and elected I
viii serve the people Of the whole conn.
" regardless Of section or pstty politics.
1 solicit your consideration and sup
PSt aEHsae
Respectfully,
GUY BAILEY,
Mt Zion, ". Va
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
SHOCK wITHDRAWs

10 the Democratic Voters of the Tenth
senatorial District Of West Virginia /.
hereby withdraw from the race as
a candidate for the nomination for the
lohS term OF state Senator I'm said dis.
Irlct' am very grateful to my
friends for the support they have given
me and the consideration shown me. I
am taking this action in the interest of
harmony In the party and as I zee n
after having gone over the district the
prospects of success I'm ench of the
counties Of the district are very bright
should be voters select good men for
INC various offices to be elected at the
fall election.
A. ID. SHOCK,
Replete, West Virginia
This the 10th day of July. 1922.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
For State Senate

1 hereby announce my candidacy for
State Senate, Tenth Senatorial district,
subject to the will OF the Democratic
voters in the August LIST primary.
respectfully solicit the support OF the
Democratic voters of Calhoun county.
=, A. G. HEROLD,
"a Sutton. w. Va
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
Fer State Senate

flo the Democratic Voters OF the Tenth
Senatorial District of West Virginia:
am n candidate for the nomination
for the long term for the office Of
state Senator, at the primary election
to he held In said district August LIST
1922.
CARY G. HINES
Sutton. West Va
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
For Congress

10 the Voters Of the Third Congress
sional District of West Va:
1 hereby announce my candidacy for
the Democratic nomination for Con
gress In the Third Congressional Dis
trict Of West Virginia.
III nominated and elected, I pledge
my support to such measures . and
legislation as will inure to the benefit
of the whole people.
b. II. MORTON
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
For County Court (short Term)

l am candidate for the Democratic
nomination for member OF the County
Court (Short Term). L respectfully
solicit the support of all voters, promis-
Ing in return my services for the inter
ests of the entire county.
ASA M MAZE.
Industry w. Va.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
CALHOUN COUNTY NATIONAL
FARM LOAN ASSOCIATION

Board of Directors E. E. Lloyd
j. w. Chenoweth, j. w. Smith, w. ii.
Vincent and Seldom Wayne.
Loan Committee: w. T. Moss, Perry
Meadows and G. K. Chenoweth.
For further information, write ].
Elmer Hall, SecyTreas., Walnut, w.
Va, or Elliott Chenoweth, Abstract
Attorney, Grantsville.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
For County Court (Short Term)

L hereby announce my candidacy for
the Democratic nomination for County
Court (Short Term) subject to the
August primary. If nominated and ell
ected will endeavor to serve the tax
payers fairly and impartially.
JAMES YOAK.
Grantsvillc, w. Va
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
A FARM THAT'S DIFFERENT

Good truck land; Strawberries nav
$500 an acre. Raise gold fish and frogs
Si euloie nsh. Run cannery, pays
big. 4O1A acres on state road. near river
anu railroads near Parkersburg. Oil
lars
FRANK KNOWLES.
Little Hooking, Ohio.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
Marlinton, Pocahotas Cou
For State Senate (Short TERM

am u candidate for the Democratic
nomination for state senate, short term,
Tenth senatorial district, subject to the
will OF the Democratic voters OF said
district to be expressed in the general
primary to be held August 1.
X. +. KIDD,
Chenille, w. Va.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
COUNTY $. S. CONVENTION

Stop! Look. Listen. Get ready
for the Calhoun County Sunday School
Convention, August 10Th and 18th.
REV. f. w. DICK, President
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
POLITICAL ANNOUNCEMENT
For State Senate (short TENN

For State Senate (Short TENN
TO the Democratic Voters OF the Tenth
Senatorial District:
i announce myself Il candidate for
the nomination for the office of State
Senator, Short Term. at the primary
election to be held August 1, 1922.
y. II. PRICE,
Marlinton, PocahOtas County.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20
For President Board of Education

1 am a candidate for President Of
the Board Of Education of Center dig.
trict, subject to the August primary.
respectfully solicit thesuppOrt Of Dem.
OcrRtic voters.
j. II. CONNOLLY.
Mt. Zion, W. Va.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20

For Sale-The GrantsvilIe Bakery.
Apply to
Arley, Ayers,
''l"-f Grantsville, w. Va.
The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1922-07-20

m Replete, West Virginia
This the 10th day Of July. 1922.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08

Four fusil columns OF in
resfnsenf questions and ar
slcers sUifl be published IL,
The Tribune eUery Sunday
and Monday. Or other days
one full column agiIl appear.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Buckeye Pine Line

know what YOU think OF Buckeye pipe
Line Company selling at aS. 1t nets over
per cert and seenas In good financial
position, Is II good investment Wv "
Answer The balance sheet of the
Buckeye Pipe Line Company Of De-
cember 81, 1921, showed the company
to be in good financial condition.
Earnings in 1921 and 1920 were
slightly IN excess OF the sum necessary
to pay IS share on the stock The
pipe line companies normally arc good
earning properties. Their stocks sell
to yield so much in excess Of the stocks
of producing and refining companies
for the reason that there is always
an clement of risk in the possible de-.
pletion of oil fields to which the pipe
line companies have laid their lines
T,s great expense. Depletion In any
large area would make necessary a
heavy write-off by the pipe line com
pany so affected. The extraordinary
return offered by these stocks is the
investors compensation for taking this
risk
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Days NeaU Issues

Marshall Field, Glore, Ward & Co.
are offering at par and interest new
issue of $2,25o,ooo Rampoa Ajax Cor
poration first mortgage twenty-year 6is
per cent sinking fund bonds. The corr
poration has been formed by the Amer
lean Brake Shoe g. Foundry Company
to acquire the Ramapo Iron Works and
the Ajax Forge Company. Operations
over q ten and half year period
showed consolidated net income aver
aging more than 3.s times the interest
charges on these bonds. They resulted
in loss in 1921, but are now showing
substantial profit.
Blyth, Witter & Co. are offering at
951a and interest, to yield about 6 per
cent, $4,000 SoutlferK Counties Gas
Company of California twenty-year 5ts
per cent first mortgage sinking fund
bonds.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Days Dealings in Bonds
The Market

Strength Of the investment market
at this time is, in the opinion of bank
ers, hardly measured in the trading on
the Stock Exchange. The advancing
trend is clearly evidenced In the quota
tiona OH the board, but 1t Is in the
deaiings over the counter ii municipal,
railroad ard other securities that the
shortage of bonds is most felt. Such
occasional new issues as are shaped
for offering are quickly taken up, but
there Is little in sight to give relief
from the current scarcity. The feature
Of trading yesterday was the improve
ment in Liberty bonds on only moder-
ate transactions. These have been
slightly off color for some time and
the initiation of their recovery was
greeted hopefully. Railroad bonds at
tracted most attention of the general
list, large fractional gains being fire.
quent. Other issues were for the most
part steady.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Has Substantial List

Questior--As one ct the daily readers
of your valuable column note that you
advise that one have his holdings scru-
tinlnzea st least every year. I therefore
take the liberty to submit my holdings
for your advice: Dutch East Indies 6s.
la47: Steel and Tube Company 7a. 1851
Tiaewater Oil Company rs. laaI Phila-
delphia Company Us. 1914: American Tele-
phone and Telegraph 6s. 1924: New York
Telephone Company Gs 1911 :. New York
Telephone 6s. 1s4s;> Detroit Edison Com
pany $50 f940; Cincinnati Gas and Electric
Is 1851; International Mercantile Marine
Ss 1851: Swift q Co Is 1925; Chile Copper
Company es 1889; United States Steel
Corporation BIS. 1858; Westinghouse En-
lineering and Electric Company Is, 1881;
Pacific Gas and Electric Company 7s. 1880;
Pacific Gas and Electric Company S. 1941
United states Rubber Company SIS, 1947
oregon Washington Railroad and Naviga-
tion Company Az, 1861; Chicago, Burling-
ton Quincy Railroad IS. 1871; Grand
Trunk of Canada IS. 1885, New York Edi-
son Company 6ias 1891; twenty shares of
American Telephone and Telegraph com
mon and eight shares of New York Tele-
phone Company preferred. Do not depend
on the income of the above; only lay
Ing aside for rainy day-H. Il. NJ.
Answer-You have well chosen list
of good investments which need not
be disturbed in any way.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Answer-You have a we'll chosen lis
of good investments which need nc
be disturbed in any way.


Question--Will you kindly give me your
opinion on this deal? | have over hun
dred shares OF the southern Railroad pre-
fcrred stock. WoJld you advise me to -ell
i at market and invest in the American
Tobacco stock or some other good pre-
ferred stock that will pay around G per
cent? l don't care for bonds as | am away
most of the time; and stock dividend
can get by mail and bond coupons | have
to wait until I get home to clip them.
am an old man. over seventy and my
Judgment stock deals is not very go>ni
The Southern Railroad preferred is what
| got cut OF old Richmond<West Point
deal many years ago.-~-H M NJ.
Answer-The exchange of Southern
Railway preferred stock for some Sc
curity that will give an immediate re-
turn seems logical, especially if you
are in need of the income from securi-
ties. However, we would not advise
placing ali the proceeds of this sale in
American Tobacco preferred. That is
a good investment, but we believe your
holdings should be better diversified.
We suggest, therefore, that you divide
the fund between American Tobacco
preferred and New York Telephone 61a
per cent preferred, selling recently
around 100.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08

TO figure the precise yield on bond II
is necessary to use yield tables. but tho
approximate yield can roughly be figured
out by the following formula: Divide the
closing quotation on bond into the rate
of the annual return. If the bond is selling
below par you must allow also for the
appreciation of, the principal. 10 do this
subtract the market quotation from par,
Or 100. and divide the remainder by the
number of years the bond has to run be-
fore maturity. For example. If q per
cent bond is selling at 90 and has ten
years to run, the annual return will be 6.ss
per cent The difference between par and
the market price Will be 10 points. SUBJ
sracting so from 100. Dividing 10 points
by ten Gears the quotation will be 1. This
figure lie to be added to SIS, which 10 the
annual return. and the result. T.6e per
cent, will give you the approximate yiaid.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Stromberg Carburetor

he report Of the Stromberg Car
buretor Corporation OF America. Inc,.,
for the quarter ended June 80, 1922,
showed net profits of $1e2,328, after
charges and Federal taxes, equivalent
to $2.56 a share earned on the $4,000
shares of no par value capital stock.
This compares with $30,266, or 40 cents
share, in the previous quarter. Net
profits for the first half totaled $222,-
594, or $2.96 share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
London Market Ouiei

LONDON, Sept. Z. Trading was
quiet on the Stock Exchange to-day.
Gilt edge securities were steadier, while
oil shares showed tendency to rally.
British industrials moved irregularly.
Bar gold was quoted at 92s 4d; money
was loaned at 2 per cent. Discount
rates were: Short and three-month
bills, 2ssf02 11-15 per cent.
Consols for money were quoted at
57A, British per cent loan at 100 and
British AZ per cent at ST..
Closing stock quotations were.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Puzzled by Chilean Exchange

Question: have noticed a wide dis
crepancy in the various local newspapers
as to quotations of rates of foreign ex-
change. On the same day, for instance
on one paper published the value of the
chilean peso at 1910 cents a second as
l4.16 and still another as 1855. One of
these papers gave the par value ct about
20 cents, another at about $3.50 cents
Win you be kind enough through your
much appreciated column to explain the
situation? Also will you tell at what
rate would the holder of coupons of for
eign bonds be paid. the coupons being
payable in the foreign currency? | refer
to the demand and cable prices which
seem always to show a difference in
rate,-L, B. Y.
Answer-There is no common trading
center for foreign exchange, such as
is provided by the New York Stock Elk
change for stocks listed there, and
rates are arrived at by banks deal
ing among themselves in bills of ex-
change. For this reason it is not sur
prising that different banks quote
slightly different rates for the Chilean
peso, depending on whether bank is
Offering bills or is in the market to
purchase pesos. The newspapers get
their quotations from different sources.
They are, however, as accurate
as can be obtained. In cashing your
coupons you would be paid in pesos
at the best rate the bank that makes
the transaction can get by inquiring of
others who have pesos to sell. Gable
rates are the basis of quotations.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Investment
Information

t2aessfoss Of general interest to M
cesfoys viii be ansaoered In this col
sts'sR, ~ tchich case oalg initials scin
be used. Oshers soiu be answered By
mdl. Address all Inquiries, is,oios-
sus a stamped, addressed envelope, to
Fsnancfat Editor. The Tribaae, f54
Nessct Street. Ncic York city.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
The DollarA Foreign Exchaug'
Continued from preceding Vssel

Checks ....2fgg 2i.s7 sa.As
CHILE tpar 36.5 cents a pescl .ssa
Checks .......l3-95 1870 su.ss
URUGUAY (par lo3.43 cents peso! a
Checks ........ 79.37S 1925 ee..f
VENEZUELA Spar 1913 cents scllvaf!,
Checks .,.-.....1 7.7s l1.7s IVY
Canadian Exchange-New York fvnea
Montreal 81 per cent preusumi Aon.ae
funds in New York, n per cent discelA-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Kirby Lumber
J.K. Rice, .Jr. &CO.
Phones 1000 to 4o1o John. SO wall St. n. Y.
Paris Market Irreruiar.

PARIS, Sept. Z, Prices moved irreg-
ularly on the Bourse to-day. Three
per cent rentes, 81 francs rs centimes.
Exchange on London, 56 francs SIS CEN
times. Five per cent loan, rs francs
so confines. The dollar was quoted at
IL francs 721s confines.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-09-08
Holds Speculative Stocks

Question: have profited by your ad-
vice to others and shah thank you for a
criticism of my holdings. I am past mid
die, .ge. single. no dependents and save
about $500 yearly from salary. My list:
$4,000 second As. $4,000 fourth 4hs and
$4,000 other Liberties; 1000 Lincoln Joint
Kingdom 5hs. 1897. $1,000 Dominion Can
ada 5s, 1891; $1,000 Prudence bonds 6s:
$1,000 Montana Power LIST S. 1913; 81, 000
Bush Terminal Building guaranteed 5s,
1860; $1,000 N. Y. Dock 1st Is, 1851 81 900
Comp. -Tab.-Rec. LIST 6s, 1915 $1,000 Salts
Textile SIS. 1895: $1,000 Chile Copper coll
lateral trust 6s. 1892; $500 war savings
certificates. s5oo Treasury certificates, ten
shares American Bank Note preferred. ten
shares Standard Oil of n. j. preferred; ten
American Tel and Tel. FIVE shares Bank of
Bank. ten shares Cosden, i've b. r. T.,
I'VE Third Avenue, 100 shares Wabash,
ffty shares Tenn Cop. and Chem. fifty
Int. Nickel and twenty-h FIVE Utah Securi-
tes. As you will see by the prices paid.
have been hung up with some OF these
stocks for long time ] am not depend
hold for favorable price. when / shall
put the proceeds in high-grade bonds.
Considering the price of n. Y. Dock As at
present and the unfavorable earnings re-
Gently. would you advise me to sell &c.
e. n. w.
stocks, American Bank Note, Standard
Oil and American Telephone. your
stocks are largely speculative, but in
asmuch as you are not dependent on
the income from investments, we agree
with you that it would be worth while
to hold on for more complete re-
covery. Your bonds are all suitable.
We see no reason why slump in the
earnings of the New York Dock Com
pany should influence you in selling
the per cent bond