davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-10-16
ravors Fertilizer Shares


Question--Would you consider American
Asricuitural Chemical Company common
stock good buy at the presant time?
believe u 10 quoted around 80 and while II
Is true that the fertilizer industry. during
the past two years has suffered severe
blow, do you think they are due for q
period OF prosperity Wv. p. II.
Answer-Your question is plainly
one Of speculative character and we
cannot, therefore, make definite rec
ommendation. We can state, however
that we share your belief that there is
something better ahead for the fertil-
izer industry. Improvement in crop
conditions and prices has augmented
the buying power of the farming re-
gions, and this is calculated to find re-
fection not only in better buying OF
fertilizers, but also correction Of the
financial position of the fertilizer COM
panies through retirement of their &C
counts receivable.
New-York tribune., 1922-10-16
Still Holds Subway Stock

Question: am holding a few shares of
common stock Of the Interborough Console
dated Corporation, and I was wondering il
you would advise me to holding tt
s. D. L.
Answer After the Tnterborough
Consolidated foreclosure proceedings
have been completed there will be
nothing left for the stockholders but
an option to purchase that portion Of
the new 6 per cent notes which the
Interborough- Metropolitan bondhold-
ers and Interborough Rapid Transit
stockholders fail to subscribe for. The
1nterborough Rapid Transit stock sur
rendered by bond and stock holders
will be divided. among the Consolidated
stockholders who buy the residue of
'>6 per cent notes. The value of this
option is doubtful, and the stock, ac-
cordingly, is highly speculative. We
might go further and call it pure
gamble. Under the circumstances the
decision is in your own hands.
New-York tribune., 1922-10-16

elements Of risk Of the currencies
themselves.
Ever since the mark was quoted at
eight cents The Tribune has warned
that the purchase of marks is virtually
gamble. Germany has financed her.
self to large extent in the last two
years by exporting tremendous quanti-
ties of paper marks to gullible and
greedy individuals In foreign countries
who were willing to exchange valuable
currencies for one fast approaching
the vanishing point. Foreign exchange
can be purchased through any bank.
New-York tribune., 1922-10-16
Young Woman Interested

Question: am young business wor,e,
with good position and good home,
became interested In stocks ana honds
So far ! have bought high-grade consn,on
stocks. ! own two shares OF Union Pa
cine, Two or Southern Pacific and ona
each of Atchison, Southern caIifornis
Edison. Detroit Edison, Ar,erioan Taia1
phone and telegraph and American Chain.
Aise ~ ~. ws,ach ae really is preferred stock
third and fourth Issues The Arnerican n
Shain 1 bought about two years ago. he
Iore ! knew ANYTHING about stocks and
expect 10 sell it very soon, buy for
investment. but 1t seems to me that u
IS only good business to look out for von,.
niimeipai. ~ ,,, as We'll as your interest. This
~ worth no more to-day than ii was two
Years ago, and almost any listed stnr,s
when 1 could. have boug. at that time
S,ssas. Mouid nave increased in salue. NY chief
nave nave no way OF telling their real vai,,e :.
your broker Is always willins, to buv them
pas,a bash rem YOU at his own price. and YOU
nave nothing to compare that with. What
90 you think of Utah Power and Hight 7
nsr cent preferred? Is 1t listed any.
,si,h wmefe ! have been unable to fnd ii
ors,a ems papers Il is offered at So ana ac-
sruea dividend. Would YOU advise me 70
,,s nus i at this pricea Please do not tell
borid--all girls are not alilse anv n,nra nora
snah INA. AZ men are--and besides. / like to
= g. . ntlie fun out of it. have learned
aeaaing Your articles and expect to sc-
lu're more information ali the time.
sih tnlnKlng quite seriously of looking for.
& ari pc posi,,on IL 4 with good firm OF this kind
Answer With the exception of
american Chain 1--WE presume You refer
TO the common stock, your invest
ments are Of good grade and suitable
Tor q woman If she is in a position TO
watch affairs Of the companies whose
securities she holds. The American
Chain Company is q combination Of
several chain manufacturers. and
among it's products is the Weed tire
chain. The preferred stock is suitable
Tor business man. We agree with
you that IL is more satisfactory to
hold listed stocks, prices Of which the
holders can readily learn. The Utah
Power and Light Company is we'll
managed utility properly, and the pre-
ferred stock, although not high grade.
- not lacking in merit. We should Be-
lnciiHad, however, to increase holdings
in the companies in which you are al
ready interested or taxe d preferred
stock OF an industrial corporation
rather than that OF another public
utility. z American Ice preferred would
be suitable. S.
New-York tribune., 1922-10-16
Partnership Insurance

Qaestion-My partner and have been
approached by an insurance company to
insure our. lives for the beneft of tho
business. Before doing so we would like
TO have your opinion as TO whether this Is
a wise move or not--A. b. D.
Answer--Partnershi insurance has
increased in popularity in the last few
years, and is desirable form OF bust
ness insurance. In addition to the pro-
lection it provides. it improves the
credit rating of the firm. Banks are
more ready to lend funds to firm
whose individuals carry insurance that
will assure continuance Of the business
in the event of the death of one of the
partners. There are two general forms,
one which insures both partners under
one policy, the beneficiary being the
survivor, and the other which insures
each partner, with the other partner
or the business named as beneficiary
Such insurance Is often used to buy
out the partners interest in the firm
from his widow or to compensate the
business for the loss Of the partner.
New-York tribune., 1922-10-16
Sanguine Over Middle States

Question: friend holding considerable
stock in Middle States OIL Company seems
very sanguine as to prosperity of this COM
pany and suggests buy some as an invest
ment. Kindly favor me with your opinion
and obllge.-A. E. w.
Answer-Middle States Oil stock re-
ceives $1.20 year in dividends and
occasional extras, which give yield at
current prices Of about 10 per cent.
Such yield makes evident that there
is considerable speculative element in
the stockH If you feel you can afford
to assume the risks involved the stock
may suit your purpose. 1t cannot be
recommended as an investment.
New-York tribune., 1922-10-16
Slightly Under 6 Per cent

Question-Will you kindly advise me of
about six eight perfectly safe bonds
yielding not less than per cent? 1 have
about $4,000 which / wish to invest
E. w. H.
Answer-The perfectly safe things
in the investment field do not give a
return ranging from per cent up
ward. Eighteen months ago your re-
quirements might have been more
easily met. We suggest that you buy
$1,000 Wilson 6s, 1941, selling recently
to yield about per cent; $1,000 In
ternational Paper 5s, Series B, 1947,
yielding about So per cent; ten shares
of New York Telephone 61a per cent
preferred, selling recently around
1oSh, for return of about 6 per cent,
and $1,000 ST. Louis G. San Francisco O
prior lien 5hs, 1850, yielding about
5.S5 per cent.
New-York tribune., 1922-10-16
Winchester TVS

Question--Wil you please give me your
opinion concerning the safety OF Win
chester Repeating Arms 7la per cent bond,
yield a higher interest than many others
OF q like nature Is this bond cailabie be.
fore maturity? If you do not consider
mend bond to yield close to per cent !?
A. L.
Winchester Repeating Arms
~ per cent bonds are caliable on any
interest date at 107A. They are res
sorably good, being the only funded
debt obligation of a long established
and hitherto prosperous Company.
New-York tribune., 1922-10-16
Good Z Per Cent Bonds

Questi6n--Do you consider Virginia Al
berene Company per cent first mortgage.
1882, selling about l01, a good investment
for a widow, Standard Oil bonds. es.
pecially Standard OIL of California IS? II
not, will you kindly suggest other bonds z
Mrs. T. B.
Answer-We consider Virginia Alber-
enc Company per cent bonds a rea-
sonably Ngood Investment, although
they do not enjoy a ready market.
Standard Oil of California per cent
debentures are good investment, but
are callable on any interest daze at a
premium smaller than the premium
prevailing at recent market prices.
New-York tribune., 1922-10-16
U. s. Rubber and Sharon Hoop

Question-wiil you kindly advise me as
ito United States Rubber first preferred as
an Investment: also Sharon Steel Hoop p
G. S. X.
Answer--United States Rubber first
preferred has a good dividend record
and is suitable for a business man
who is in a position TO watch earnings
of the company. We do not consider
the dividend record of Sharon Steel
Hoop warrants other than specula-
tive rating for the common and a
somewhat speculative rating for the
preferred
New-York tribune., 1922-10-16
workingman's Bonds

Questlon---I am workingman and have
IN my possession two bonds OF $500 each
of the Sinclair OIL Corporation and the
Virginia Carolina Chemical, both per
cent bonds ard due In 1887 ! would very
mighty appreciatea your advice as To
whether or not 1t Would he safe for me TO
retain these bonds,-M. c.
Answer-You are probably aware OF
the fact that the two bonds you hold
are subject to redemption before ma
turity. If this is no drawback to you
and you are In position to watch the
affairs tof the companies whose securi-
ties you hold we see no reason why
you should not continue to retain
them.
New-York tribune., 1922-10-16

A more intelligent way to seek to-
make speculative profits out Of the de-
preston of the mark and Austrian
kronen would be to use these depressed
currencies to buy tangible property,
real or personal, in Germany and Aus
tria. Such property would continue to
have some value as long as the insti-
tuition of private property is recog-
spective of whether the governments
should decide to repudiate, in whole or
in part, the outstanding currenc.es.
Securities which represent promise
to pay in marks or kronen bear all the
New-York tribune., 1922-10-16
Low Price for Stock

Question-Wil you kindly let know
the present value of the common stock of
Montpelier and Barre (Vt.) Light and
Power Company? When issued in 1913
this sold at SIS per share Any informa-
tion that you ce:l give me will be greatly
appreciated.-W. j. M.
Answer-M ontpelier and Barre COM
mon stock is decidedly inactive, being
quoted now So bid. The company oper-
ates in small territory. 1t has been
earning it's preferred dividends in re-
cent years by scant margin.
New-York tribune., 1922-10-16
Bonds Subject to Call

Question: have been following your ad
vice for some time in general way and
own, amongst other bonds. the following
which have callable features and may be
called at any time. am not subject to
income tax and. therefore, think 1t best to
let them run until called. then take the
market FOR others and accept the al
The Tribune here. Therefore, I want to
know am / likely to miss the announce
ment that may be ISSUED in some financial
paper OF will be notified. or is it safe to
watch The Tribune? have Northwestern
Bell Is; Westinghouse Electric Is; Standard
New York Central debentures.-J.M.R.
Answer-Since the bonds In which
you are interested are widely held and
are the securities of prominent COR
porations, we believe you may rest as
sured that announcement of any plans
for their redemption will be published
in The Tribune.
New-York tribune., 1922-10-16
Not Quoted ANY More

Question-Please give mo any informa.
tion you can on these two stocks, Silver
Dollar Mining and Silver King of Arizona
I have some shares OF both. but don't
see them quoted in the paper any more.
Both are curb stocks.-E, v.
Answer-We are unable to find a
market for shares Of Silver Dollar
Mining or Silver King of Arizona. The
property of the latter company was
sold in foreclosure proceedings in De-
cember, 1921.
New-York tribune., 1922-10-16
Investment information

Qs,estions Of general interest TO in.
vestors scitt DO ansWsred in this cot-
xrsn. IN schich case only initials ioilt
be ased. Others apiil be answeTsd 6y
saast. ADDRESS all inquiries, i,ieios-
ing stamped. addressed envelope, to
Financial Editor, The Tribune, fsI
Nassau Street, Nsto York City.
New-York tribune., 1922-10-16
Market Street Railway Shares

Question-Have been advised to pur-
chase some Market Street Railway prior
preferred stock. Is this stock selling at
about $6s a 500 par preferred stock !?
II the dividends have been regularly paid
why Is 1t that the stock Is selling at SO
low price? Does this company have
common stock, and what bearing has the
issues OF bonds the preferred stock :?
Would you suggest purchase of five or
six shares by one earning fair salary and
owning at the present time three shares
American Telephone and Telegraph. five
each Philadelphia Company and North
trlc preferred and sixty shares General
Motors common CT know this is a poor
stock to have). Might further add that
am single and have no financial burdens -
II.
Answer-The capital stock of the
Market Street Railway Company con
sists of $11,750.000 6 per cent cumu-
lative prior preference shares, $4,000.
600 per cent cumulative preferred
$4,700,000 6 per cent second preferred.
and $10,700,000 common. Initial diyi-
dend of " per cent was paid on the
prior preference stock April /, 1922.
and the other stocks at present receive
none. As Of July /, 1922, dividends on
the prior preference stock had accunaus
lated to 10l9 per cent and on the s per
cent preferred to Z u per cent. The
prior preferred, selling around ss, IS
suitable for a person willing to assume
the business risks involved.
New-York tribune., 1922-10-16
Canadian Northern rs

ouestion--Please inform me about Cana
due 1910, callable In 1885. and are yhes
backed by the Dominion OF Canada? Whag
can they be bought for and what int arls, 40,
will they pay Aud are they subject e. to
any taxes or any Kind !? Would 1t be better
to sell my Liberty bonds now and huvs',bs. ~.
raiiroad bonds mention? or do p YOU M know s1,v
rate OF interest VIII they payg--H. 4. B.
Answer y Canadian Northern ! mar
cent bonds are guaranteed bv the
Canadian government The Interest
derived from them is subject only
to Federal and state income taxes,
They were selling recently around 1I4.
or s1,140 to the 81 900 bond, and al
this price the z per cent coupon gives
current return Of about 81 per cent
maturity. We do not recommend fhe
sale Of Liberty bonds. but ii YOU have
made up your mind To procure q
higher rate Of return we think the
Ikasnad'an skss Northern y wenld be suit
New-York tribune., 1922-10-16

Four fall colansns q
resfmens questions a,a9 Il
sseers piI be pnblisl.s
The Tribune euers Slls
and Mossday. On otssr Z
one full colssnsn svill dp
New-York tribune., 1922-10-16
For a Little speculations

:, Question: would like to have Won al
WISE WISE me II stutz Motors Oisted os, cprhl
a ana Willys.oyerland common stock ton
consolidated Exchange) are good ln inves,l sun q
men ahents Ior little speculation. Can vo,,
also fell me as to whether diyidends n.y.
me,arI neen paid on them and also on General n al
dend ?-S. A. VI ulVl-
Answer-None of the stocks vo,,
mention can be regarded as suitable
1of ~, investment purposes, and whether
aney would prove satisfactory for a
little speculation" is something that
you you must decide for yourself. We
cannot undertake to- predict futnra
price movements. These stocks i :
not no receive dividends at presan, ~
The last paid on Willys- Ovarland j. J.
common was 25 cents shara @
on Motoo hovember enn + 1920; the last on stutz
and the last on General Motors n,' cona
mon was rs cents ON November / ioni
New-York tribune., 1922-10-16
Has Profit on Stock

Question.-Your advice on the following
points would be appreciated. l hold TWEEN.
~ shares OF Railway Steel Spring pre-
ferred stock. These were bought more
than ten years ago and the present prices
are higher than at any time during that
period believe. have wondered whether
1t would be wise to sell now, as should
be able to realize considerable profit
oyer the price at which they were bought
However, I am dependent on my own ra-
sources and the dividend from this stock
has been considerable part of my in
come. 1t has never failed to pay per
cent on par. Can 1 afford to let this reIi
able stock GO? II do, judging by the
record OF the last ten years it would he
some time before could buy back this
stock at sufficiently low figure to war
rant the sale, suppose. Would you nd
wise selling the stock, and. lf so, what
Can you tell what you think Of the
Union Bag and Paper Corporation stock ,
is IT worth while to keep ten shares ~
this Miss F. C. "
Answer-We do not advise the sale
of your Railway Steel Spring preferred
stock. You have profit, to be sure.
but if after realizing that profit YOU
should buy a preferred stock of equal
grade you. would have gained nothinp
Union Bag and Paper stock is distinct.
~ more speculative than the Railway
Steel Spring preferred. 1t is what we
term business mans investment. but
suitable for you il you can afford tn
assume soma risk.
New-York tribune., 1922-10-16
Expects to Pay Premiun

Question: have $1,000 70 sl..es s.,'' ~. ~
invest in a good bond tnot Iiecsssaius ~, -, 8
eqgee, high coupon rate, 10 Iaa IL. - - tAs
fifteen years. Do you stlh feconlu,,sssss ,ss.t i
Northwestern Bell Telephone rs psssss Z
their Gala BILE figure and date 1s,ert
give one or two additional bonus. : 81 aaa
10 pay 8 good premium hafs s.,ssS sS
Pacific Electric Railway tLos Aasssss
first mortgage per cent oond. vs oSs ~
bought ten years ago wen Aoo 3ca-
Their earnings the last thTse q -,auS ar
years have been deplorab,e sna ! .,.,v 4
like your opinion as to the adsissmsS y .rss
changing to q better security tot - 80 AT An.
Ma CARA Fails Power Is, ana PAY s1s s.sssp a.
ference. | have been an interessso .,in,ur sssrs
OF Your investment inforIaatioa sssssd
from the beginning, except whsn Pam.
and asked your advice in regard y s. - !.
sylpania and Great Northern psstyss' - =
year ago last June, bat no one ceu.n - ss
foretofd the extraordinary advklsee. . Is
price in these and other we'll known rsg. ..s
road stocks in the last four monlns' m,, q s'ss'
OF ii without 5ustlfication---h p. Y. q s.
Answer Northwestern Bell iss.
phone Z per cent bonds are caiiasN q ].
any interest date at 19TN and intesss. Il.
price closely approximathg - sss
present market price. For tnss sess.ls 100.
we do not recommend fresh lhssss, ~,
ment in this bond, although we censaes' '.,
the issue a high grade investments g n.
less the cailable feature does 1Ss Ss.sss. sas
turb you. We suggest Canadian :, Nyss VIZ
ern Is, 1910, not caliable untn 1sss 81
selling recently to yield about - III HI
cent, and New York Edison y 1ss, lsds|
not callable until 1886, selling g s.ss, .ss,
about Sc per cent. We feel fsss e! ~. =.
position would be strengthens VI s.
changing the Pacific Electric harsj1I r.jIs
SIS for bond like the Nlagara So
Power Company SIS. lss|
New-York tribune., 1922-10-16
Injuries Should Be Signed

Inquiries addressed to this asRaass, I,
ment Of The Tribune are ragsfass
confidential, but to show the x1'ss,Pl ssj
good faith all should be signsa W. sS
an address should be inclosed sof isS,sI ss|sf
Letters from the following sTs s.
held for identification: y. k.sss: i 81 81
j. B., Miss w A. T., ". HI. y e
Constant Reader" r. H. k:. e & S. "a 4 &
], f.. Widow j. p. NJ .:; .s.s
Al. r.. w, j.. a. LeB., ]. a. H. ~ = 'slI3s s.
G., ]. A. c.. Mrs. NJ. G. ". arg sssss
Evening star., 1922-11-17
SENATE MAY VOTE J.
ON SEATING WOMAN
George Says Mrs. FELTON, May
Take Post for Few Days,if
Chamber Willing.
BY the Associated Press.

BY the Associated Press ...,.
ATLANTA, Ca, November l7.-Mrs.
W. II. FELTON, and Walter f. George.
senator -elect from Georgia. will con-
fer here today on the question of
allowing. Mrs. FELTON, to take oath
of office as United States senator for
one or more days, privilege which
has been requested by thousands of
women throughout the nation.
After the death of Senator Thomas
L. Watson Gov. Thomas II. Hard
wick appointed Mrs. FELTON, senator
until q successor to Senator Watson
could be selected by Georgia voters.
On November Mr.. George, demo-
cratic nominee, was elected to ill
the unexpired term. and, according
to Gov. Hardwick, after that election
Mrs. FELTON, has no official right to
the Office.
Mr.. George arrived here yesterday
to meet Mrs. FELTON,. who will come
here today from her home, in Car
tersville. He said he sanctioned the
movement to have Mrs. FELTON, Of
ticially seated in the Senate and
would like to see the distinction OF
being the first woman in the country
to serve in the Senate conferred upon
the eighty -six-year-old Georgian.
He added. however. that 1.-The seat
ing of Mrs. FELTON, is. of course. a
matter with the Senate, since the
Senate is the exclusive judge Of the
eligibility of its members"
Gov. HardWick is expected to ar
rive here tomorrow from New York
to clean up certain technicalities re-
Sarding the issuance of Il commits
sion to MIR. George. Both MIR. George
and Mrs FELTON,. according to reports
published here today. are planning
to leave here on the same train Sat
urday afternoon for Washington.
Evening star., 1922-11-17
STATE OFFICIALS CONFER.
National Association in Convention
Includes Motor Vehicle Directors.

FRANKFORT, KY. November IL
State officials from many sections of
the United States were here today for
the opening session of the two-day
convention of the National NAssocia-
ton of Secretaries OF State. In addi-
tion to state secretaries. those in at
tendance included state auditors and
state treasurers and heads Of state
motor vehicle departments.
Work at the meeting was to be CEN
tered chiefly on consideration of mo-
tor vehicle problems and their re-
lation to the state. according to pre-
liminary announcement. This consid-
Grafton was to include the question
of protection of motor vehicles
against theft. uniform regulation and
licensing of nonresident vehicles and
reciprocal state laws.
Election of officers was sheduled FOR
Saturday afternoon.
Evening star., 1922-11-17
TOWNS FOUNDER DIES.
Death Comes to Western Pioneer
at Age of Ninety Eight.

DENVER, Col. November IL
Henry Tracey West. aged ninety-eight
years, said to be the last surviving
member of the locating commission of
the Union Colony, which founded
Greeley, Col. for Horace Greeley.
died yesterday afternoon at Caldwell. |.
Idaho. according to word received
here by his son. George H. West
Mr. West resided m Greeley forty
years. He founded the first bank at
Greeley. May IA, 1870. He was born
at Palmyra. n V, October II. 1924.
Evening star., 1922-11-17
HALF OF HIS, WAGE
TOBE,GIT,EN WIDOW
OF MAN CAR SLEW

BY the Associated Press.
REDWOOD CITY, Calf. Novem-
ber IA charge. Of manslaughter
against John Swanson. was dis
missed by Superior Judge Buck
yesterday, when Swanson agreed
to sign over one-half Of his earnings
; for Ave years to the widow Of
James Bolt, who was killed by
Swanson's automobile. September
!. q. -
y Swanson also agreed to sell his
automobile and give the proceeds
90 the widow. Swanson is q pipe
line worker and earns $3.50 per
day.
Evening star., 1922-11-17
GOVERNORS TRIAL SET.
Oklahoma Executives Case to b
Called Wednesday.

OKMCLGEE,. Okla, November IT.
Trial of Gov. ]. B. A. Robertson Of
Oklahoma on a charge of accepting
bribe to permit operation OF an
Okmulgee bank, which. 1t. Is alleged,
he knew to be fnsolyent. has been
ordered to be held in Pontotoc county
and the date for the opening Of the
case was fixed tentatively for
Wednesday. Judge Thomas A. Ed
wards Of Cordell will preside at the
trial
Evening star., 1922-11-17
The New Europe

Is Frank G. Carpenter is seeing it. His graphic
lrticles and interesting pictures give most COM
,rehensive review of things on the other side.
Evening star., 1922-11-17
Interesting Rotogravure Pictures

Interesting because they are up-to-the minute
features the President, and War and Navy Sec
retaries in Armistice Day ceremonies, etc
reproduced by this process in which nothing
is sacriced-but every detail faithfully preserved.