davidaulloa/AmericanStories huggingface dataset:
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1922-02-23

Fslks," Went on Mrs. Robertson.
sure. Perhaps not today or tomorrow.
for he's Just renewing his acouaint-
ance with you. BY the way he looked
last night l could tell he was consid-
ering It."
A handkerchief dropped from Eve
lyn's fingers, and she stopped to pick
II up.
IF | lead Marcus on" she suggest
ed, rising, "and-and get him to ask
me to marry him, will you give me any
sum OF money ! wanti"
Her voice shook with emotion, and
her young face seemed suddenly old
and haggard. Mrs. Robertson had
never seen her daughter In such a
state.
"Sit down q minute, Evelyn" she
commanded. Now tell me what you
want money for. know very well
that you haven't spent what I've al
lowed you upon yourself. That's why
I've refused you so much lately. No
more secrets or mystery ! want the
facts. Now tell me this minute"
The girl dropped into a chair and
buried her face In her hands
II can't" she whispered.
For some time she remained I'm the
same attitude, while her mother
studied her silently. At length the
girl lifted herself erect.
IL can't explain" she broke out.
land ! suppose you're thinking all
kinds Of things. ! can't help II II you
do You1l have TO give me the money
/ need. II you want me to marry Marc.
There's no IFS and 'ands' about that.
II you'll give me the money"-she fall
tered. wiped her lips and concluded
slowly. "I1l marry Marcus MacKen-
zie.''
"You must be crazy, Eve" Mrs. Rob-
ertson said In a cold voice, ito talk to
me like that. IL you have any secrets
from me. it's time you told them"
"wellT" shot from Evelyn sharply,
suppose havel It's my secret. isn't
it, Are you going to help me or not,
that's the question"
II was evident to Mrs. Robertson
that the situation was not to be trified
with. In a twinkling her daughter
had changed from a meek and timld
/ girl TO an aggressive woman. To try
/ TO bully her any more would be a mere
waste of effort
Heavens" she began, "this is a
pretty how to do. must say. ! can't
/ imagine why you should want money.
/ II doesn't make much difference, any
way. There are more reasons than
one why you can't get 1t from me-"
"what are theyT' fell from the girls
lips
sThe first is" returned the mother.
tartly. Il don't like being held up in
this high-handed manner by my own
daughter"
She paused and Evelyn caught her
breath II that were an she would
row and rage until she got what she
wanted.
Mother and daughter were staring
I ~ one another. each demanding an ex-
T PLANTATION. Evelyn did not intend 10
make aug Mrs Robertson weakened
btfore the steelyblue ia tie girls
afes
But the main reason is.~ she went
z Ca. = haven't got d. I don't own this
7 house Har-n0r--
Evelyn spraug 70 her Seet and con-
( frouted her mother Her face was
drawn Into cruel lines. and her hands
were eripred spasmodicaiiy.
~You Hs.~ she burst forth. You've
always ued 20 me about money"
A bitter smile drew down the cor
1 uers 90 fte older wQnlan's mouth. She
I knew heT true the accusation was.
-Wep. this time she answered,
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1922-02-23

A lazy liver leads TO chronic dyspep-
STA and constipation,--weakens the
whole system. Doan's Regulets (30c
per box) act mildly on the liver and
bowels. At all drug stores. Adver-
tisement.
The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1922-02-23
Ito be continued)

For baby's Group, Willie's daily cuts
and bruises, mothers sore throat,
grandma's lameness-Dr. Thomas Ec-
lectic oil-the household remedy. Doc
and COO. Advertisement.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Cities Service Preferred

Question: hold 5000 preferred stock
IN Cities Service. It, as you know, has
when cashed at Its market value reduces
the income about II per cent. On the
other hand. the common stock Is quoted
from $50 TO 236. I am a iayman at judg-
ing stocks and am constant reader OF
explain to me why II the common stock
is valuable the company cannot pay
full dividend on the preferred? Is the
common stock getting a dividend Mrs.
B, NJ. c.
Answer-At the time directors or
dered dividends on Cities Service
stocks to be paid in scrip a group Of
holders of the preferred shares pro-
tested against the decision on the
ground that the change in policy in
effect amounted to reduction of divi-
dends on both classes Of stock, making
the two classes share equally the de-
cline in earnings. 1t was contended
that cash dividends should have been
continued on the preferred and omit
ted on the common if conditions war
ranted conservation of cash. The COM
pany commended, however, that div-
dends had not been reduced on either
class. Since that time conditions have
materially bettered the position of
Cities Service and the common stock
has reflected the improved outlook, ad-
vancing more than 100 per cent from
the low level reached in the slump
which followed the changes in dividend
policy. Directors recently decided to
resume cash dividends in September
and October, thereby improving the in
vestment position of the stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
ireland's Flax Industry
Faces Gloomy Prospects

,he irish fax growing industry, upon
zach depend in large part the linen
y IVY Of Belfast and the prosperity Of
i; Ha' eisy as well as the prices Of fine
.; asns IN the United States, has a
S;nnm1y prospect for 1922, says Consul
~. .'tSm r. Kent, Belfast, in a report to
-. department Of Commerce. Flax
snoS;.i MAINTAIN that under present
th IN OF production and marketing
VISA gan obtain no profit, and this con-
..,.s oh IS evidenced by the 1922 flax
~;.s.se OF $4,000 acres. the smallest
4. the memory of living men.
W., the annual meeting of the Flax
:. M, - owaess Association, held recently
~. belfast, the president. addressinr
as.i.n members IN said that unless early
/, tn. .! some sort is taken, the crop
in I,.,.a.e with complete extinction
,.r..h And: Should such be the case, the
bit rt mii owners would be harde st
eron.. q farmers could grow other
secps. the spinners could undoubtedly
kt ~ oupphes from other countries;
Ii. ,s "s scutch mill owner would lose
Would .s'eo capital and his occupation
Desa,.ahehts are on foot to have the
en- I sa,nt Of Agriculture for North
sk.rs Ireland formulate and adopt a
teosn.. 'or the improvement and main
ae, NJ, o. this staple industry Of Ul-
aax IN. Inc cause of deterioration of the
md i 10 the result of inferior seed,
Tat i" ss oeen clearly demonstrated
,sws ~: ~ intelligent seed selection the
NC increased 100 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Shows Desire to Speculate

0ues,.on-Having become much in
terested IN the investment Information
your opinion and advice the following
stocks and bonds which I own. Do you
Sess ny then .sfS and are
also have a couple Of thousand he, sand dollars h at
the present time which 1 wish to invest in
kind as to tell mo which you consider as
such and which Is my best buy at the
Crucible Steel preferred. Texas Company,
Consolidated Gas and General Motors pre-
ferred? The following are those l have at
jersey and Standard Oil OF California /;
American Telephone and Telegraph: ton
share. II u, W.,t
mon: ten shares Kansas & Gulf: ten shares
pcc!hc OIL Bonds> Bell Telephone OF Penn
cont; northwestern Bell Teaspoons 7 per
cent: Pennsylvania Railroad sts per cent
Republic Of Chic : per cent: Anaconda
Mosors per- cent Great S S s% Rail
road par cent: French Republic tn per
cent: ovsens!and per cent; Kansas City
Smelling and Renning per cent Do you
think F. w. Woolworth is a good buy at
the high price II Is at present. had
mon. and was so stupid as to sell them
both some tirne ngo and buy bonds. Do
ping during the summer IN. l.. L.
Answer-You give evidence of a de-
sire both to invest and to speculate, be-
ing principally interested, at the pres
ent time, in speculation. We have no
criticism to offer as to your invest
ments, but if future additions placed
more railroad bonds in your list we
think it would have better balance.
Standard Oil Of New Jersey, Standard
Oil Of California and American Tele
phone and Telegraph have dividend
records that entitle these stocks, With
Consolidated Gas and General Motors
preferred, to be classed as suitable for
investment, where the list is diversifi ed
and carries higher grade issues. The
risks involved in holding any OF tho
other stocks mentioned in your list
should be assumed only by those in .
position to suffer any possible losses.
We believe conhning your efforts to
investments will, in the end, prove
most satisfact We cannot attempt
to predict future prices of F. w. Wool
worth and National Biscuit stocks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Security Preferred to Interest

Question: have the following bonds
which ! would appreciate your opinion of
Would you exchange them for some hing
moro secure. as security is what am after
rather than a high rate of interest? Cnes-
apeake Ohio convertible ss, 1896 CHI
cage, Milwaukee & St Paul convert ible
as. 1882: Colorado & Southern AIS, 1885 /,
Rock Island, Arkansas G. Louisiana 4hs
1s24.-H. D. J.
Answer-The Colorado & Southern
Ans and Chesapeake & Ohio SIS need
not be disturbed and the Rock Island,
Arkansas & Louisiana ANS might be
held if you can afford to assume
little risk, but there is in tha
St. Paul convertible AVS an element
which prompts US to advise you to ex-
change them for bond of better grade.
If these are the only securities you own
we think it would be advisable to d.
versify by taking an industrial or
public utility issue. You might con-
slider either United States Rubber Sc,
l947, yielding about SIS per cent, OF
New York Edison SIS, 1871, yielding
about 81 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
high Speed Steel "Syndir,t.v

Question - often read your an,w,r, -
then W Sa"T'ons and benefit greatly b.
'h!s? friend of l,,ine w vn,,sn,en me on
= Fynd'caie he has formed to hmv Tr{{, ".a
selling a. s'i speed and Tool Corporation.
soinmon s.o"s thrown in ror e., .. s'" ., g" 81
f ss Io ssy. the Plant yalaed a; ...atsss
United strtes High speed and Tool co-r amc
l.ws CO cams to he Incorporated under the
cent eumus M s1 nrst.y w,h $4,000 po
AZ a., 20 Sssets and dividends payable quar-.
c eri,T; March r Jnne September and be.
cer 80: 900 epar value p ssde per
oU.ouo shares !par value none) Ponce
0CIh,mI np ws M., formed in 1915 in roledo.
COMPANY vas organized The prodmct.
. .nas OF ~ alloy steel castings. rs hsah
blanks. from which users make "' their sT own
t .up,T ~ r sools 60 The ont manufnc-
Grin Thcir whole h"sncss p sscr nst ror r
nai,, on this BIT called "Eur-kast." which
70 i1ssr 70 o.. d,,, ao roci The company wants
you advise investing Mrs O. j. D.
Answer-Thc interesting statement
IN your letter that friend wishes to
form a syndicate to buy High Speed
steel and Tool stock prompts us to ask
Why syndicate? We understand
that the stock is being offered by
force of statesmen on the terms YOU
HehNioH' lou Will have no trouble
meeting one of these statesmen. and
If you are satisfied to become a part,
ner in this business. which is Your
situation when you become the owner
OF its shares, he will be glad to see
that stock certificate is delivered
representing the amount of capital
subscribed. Surprising you had pur-
chased the preferred and common stock
Of this company when the preferred
was frst placed on the market, YOU
would find it extremely difficult to
obtain a bid for the common stock,
which is quoted as offered az 81 a
share, with no bid appearing. The pre-
ferred stock is of course, Speculative.
representing the amount of capital
you and others have subscribed, which
may be used for experimental or such
other purposes as is determined bv
the board of directors. We have been
unable to obtain a bid for this stock.
We see no reason for a syndicate. un-
less it be on the ground that misery
loves company" and our suggestion to
you is, If your friend is really in
terested in paying for som ething that
has poor market at best, tell him to
go it alone"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
VIC. Durant Would
Buy Locomobile's
Bridgeport Plant
Negotiating for Factory at
About 100000 to
Make a High Glass
Automobile. 1t Is Said

". c. Durant, formerly head Of the
osasra! Motors Corporation. is nego-
listing for purchase of the Locomobile
Company, now in tho hande Of a re-
ceiver. Mr.. Durant, it WAS learned
Yesterday, is acting through Joseph P.
Day, the we'll known real estate auc-
neassr. Should present plans mate
neiize it is believed that something
IKE 100000 will be paid for the
Aoeomooile property at private sale.
Ihe manufacturing plant of the Loco
mooiie Company, comprising four main
neIaings and nine or ten smaller ones,
l,ne'9o'ng heating and storage plant,
nsssksmith shop, enameling works,
s.ssse and power house, is located
F" ssidgeport, Conn
~ Ourant has not yet made public
aH plans for operating the Bridgeport
p.as' out 1t is believed he will turn
W. ~ car IN the high-grade class with
'as present Locomobile.
~ was shortly after his retirement
~ head OF the General Motors Corpo-
.suon late in 1920 that Mr. Durant or
.sa'Aeo the Durant Motors, Inc, with
,eapital of 100000 shares, no par
s .s'us stock, to make the Durant car
n.w on the market. He recently an
iaeuaeea that his factories will build at
'oIs' Eoo 900 cars in 1923.
nsterrlng to the new Star car ne
's tnat contracts have been entered
mo with companies to produce in
S!.nts OF the divisional companies
saimum OF 10000 four-cylinder,
ss'pAssenger ears to sell at $34s. This
s..s Is INTENDED to compete with the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Depreciation in Dubiske Stocks

Question: hold few shares of com
mon and preferred stock of Stevens Dur
yea. Inc, which understand is in rather
bad financial condition. VIII you kindly
advise TO the present value of this
stock and if you would recommend my
disposing of for whatever it will
bring? Also. is there any market for this
stock Miss e. Z. W.
Answer-On May 9 last H. G. Fisk
and F. H. Shaw, Chicago, were ap-
pointed receivers for Stevens Duryea,
Inc. Liabilities were placed at $1,1OO,-
900 and assets at S4,024,472. The receiv-
ers have made no announcement of any
settlement, so far as we can learn
The stock in units of one preferred
and one common share is, quoted at
about 81 to Sill each in the market for
unlisted stocks, but perhaps H. W.
Dubiske G. Co., III Monroe Street, Chi
cago. who originally sold the stock to
the public in January, 1920, at $3.50
unit, can offer you better price.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Wrong Track for Investment

Question: am twenty-thrce years Of
age and have r few hard earned dollars
which I would like 20 invest As have
had no experience in stocks I am placing
all my faith in you. The NJ. Y. .An-weath-
or Train Controller Is selling shares at 81
each in 100 lots, They say that they ex-
pect to have all tho railroad companies
accept this Invention. They say that they
have n wonderful future IN front of them
II their pamphlets they show a contrast
as $500 invested IN Automatic Block Sig
nal brought returns Up to date to $14S, 900.
Do YOU think It Is q good investment ana
J. B
Answer-You are on the wrong track
for what you need. Your dollars have
been earned by hard work and if you
wish to get the benefits to which you
are entitled, determine what constitutes
an investment, decide that is what you
will buy and do not allow the influence
of stock salesman offering you an
interest in an experiment to change
your mind. You would do better not
to become interested in the future of
a company that "looks wonderful;
mako your investment in companies
that have proved over a period of
years ability to earn dividends.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Preferred Stocks Suitable

Question: young man, unmar-
ried and working for a salary, not de-
pendent upon the income from invest
men,s l am the owner OF one of each
OF the following $1,000 bonds: Brooklyn
Edison Company, Series Is. Westing
house Electric and Manufacturing Company
U.s. Diamond Match Company Tvs Great
Northern Railroad rs. Duquesne Light S.
Republic Of Chile 1871 ss, $4,000 various
issues of Liberty bonds. Will you kindly
criticize above list. pointing out which
bonds you think IT, advisable to sell, II
any I have about $4,000 to invest and
would greatly appreciate your advice as
to the investment Of same--bonds or pre-
ferred stocks which you think suitable for
a person in my circumstances-A F.
Answer-We see no reason for any
change in your present list of invest
ments, if you do not object to callable
provisions in some of them. In select
ing stocks and bonds for the invest
n,ent of the additional $4,000 you might
consider Endicott-J ohnson preferred,
American Ice preferred, Pere Marquette
prior preference stock, Missouri, Kan
sas g. Texas prior lien 5s, due 1862,
yielding about 6 per cent; General
Electric IS, due 1910, yielding about So
per cent, and Public Service Corpora
tion Of New Jersey 5s, 1859, yielding
about 81 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Question of Diversification

ouestion-Recently 7 was told that my
hist Of bonds was too divers,fted. "1a you
twelve different railroad bonds eleven
utilities, fourteen industrials, three oils
two foreign, one rea! estate. one municipal.
six different Libertys and farm land loans
My recent purchases. which are INCLUDED
In the above list, are: ] Oregon e. Wash
inston Railroad Navigation ca sst s snd re
Light. Heat and Power As of 1919. On
taTio Power Coampan:y 81 Nisgars n,s Falls
c co71 ss prior ien and resundlng ss
Northwestern Bell Telephone first mort
gage per cent series Sc. A; Diamond Ma zen
1851: Dutch East Indies 6s. due 962.
Please tell me frankly what you think OF
will you suggest others?-F. W.
Answer-Taking up first the subject
of diversihcation, it is our opinion that
if the railroad, utility and industrial
bonds which you hold are in pieces OF
no more than $1,000 you have carried
diyersification too far. If, for instance,
the twelve different railroad bonds
represent a principal amount of only
$4,000 you are put to the necessity
of keeping in close touch with the
affairs of twelve different roads. We
should say that an investment OF w.
900 was properly diversified if placed
in the bonds of four different roads
serving as many sections of the coun-
try. The eight bonds you name are
ali of good grade and we would not
suggest q change except for the pur-
pose Of assuring the permanency OF
The Investment. The Northwestern
Bell Telephone rs are callable at any
time and the Diamond Match 71as will
be csllable beginning next year. You
would invest your $4,000 OF new capital
t. good advantage by taking an addi-
tional $1,000 of Dutch East Indies IS.
Oregon-Washingto Railroad and Navi-
CATION Is, New York Gas As and To-
bacco Products Is or Ontario Power IS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02

Too
W men taught this subject the above
was my method &C procedure Your az.
wee ana Interpretation regarding III.
mater VIII be greatly Appreciated Miss
Answer-The quotations for stocLs
are III dollars and not per cent Your
Anaconda Copper stock if it sells at So
is at premium Of So, or a premium
OF per cent on the par value of $50
lnasmuch as dividend rates contained
IN the daily stock transaction tables
are IN terms Of dollars, it should not
DC necessary for you to know what the
par value is, for par value is only an
arbitrary measurement OF value. The
real value Of stock is measured by
che assets behind it and also it's earn
ing power Atchison preferred stock
STANDS among the best preferred stocks
traded in on the New York Stock Ex
change, yet it is selling at a discount
from par, not on account Of any lack
of assets behind the stock and not on
account Of any lack Of sufficient earn
ing power, but simply because it paws
only So year in dividends, and the
price of the stock in dollars must be
governed by the price of money Five
hundred shares of an industrial stock
at 127a4 would cost $63,875, plus a
otoheTaRe OF $lZO, total OF S64, 900.
The method you use was correct years
ago, when stocks were quoted on
percentage basis. In those days it was
absolutely necessary that the investor
or trader should know the par value of
a stock. The New York Railways first
and refunding As sold recently at ~
and the Lexington Avenue and Pavonia
Ferry IS at 40. Both Of the bonds re-
feet the poor financial condition of
these companies. Dividends on Ana
conda Copper stock have not yet been
esumed for the reason that this COM
pany, like most of the leading copper
producers, is Just emerging from
period of insufficient earnings. Cop
per mining was suspended by most of
them during the greater part Of 1921
and has been resumed only recently.
Undoubtedly the position of Anaconda
stock in the market reflects the gen
eral conviction that the recent i'm
provement in trade conditions has
brought nearer to hand the dav when
this company will be in a position to
pay a dividend.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Securities for Investment

oues,ion-In your opinion, are the fol-
lowing stocks and bonds good. safe invest
Locomotive preferred. Chicago & Eastern
Illinois 5 per cent bond. 1851; 81: Louis
San Francisco prior Hen IS, due 1850? DO
Than Baldwin Locomotive? And do you
consider Chicago & Eastern Illinois bond
as secure the ST. Lou!s-San Francisco !
j. v. ..
Answer-There is SO little to choose
between National Lead preferred and
Baldwin Locomotive preferred that we
do not think the expression of pref
erence is necessary. Both are good in
vcstments. In our opinion the St
Louis-San Francisco prior lien As are
better investment than the Chicago
4 Eastern Illinois IS. The former are
a good investment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Prices Of Stocks

!. 1 nean' you kindly tell me whit
-. is,s"nt ny the stock quotations in the
pa, piper from dag to day. Is 90. 10, ks 90.
o., CT" nave always interpreted them
~ De ,Ne per cent OF par value A rele-
ir INK o. mine insists that those numbers
hr"",e me money valtt Of n share II
49, ~ "a" cas-. fuN am TO know
"hether stock is at a discount or pre-.
.,tulh' unless | know the par valu,, OF A
~ IN ev.ry case, which may be 500
s s1v or s1' hold Anaconda Copper
1tr,,'. $.V u snare. according TO my in.
verp,e "tlon i is at present at a discount.
~ 'h cry *2o or $40 per share whl.,
&c e. orainE to my relatives INTERPRETATION
=, ,o - aboVe par In this connection VIII
sou p!ehSe give me your opinion of this
s,ton' and why dlviuen"s arc not resumed
Tnr, s S ADVICE regarding bonds OF New
~" f'Hilways, which | hold and Lnxin
m r 3h,ehNe and Pavonin Ferry The latter
VI when have had for twenty years
hty me Interest regularly ualil The last
TWO ears In the daily quotations given
J h0tice thnt the dividend column is head
o go ny me dollar sign 90, but not so the
o.Het colun!Hs. Find tho cost OF 500 sha
or an Industrial stock Mt 127x.. brokerage
- per cent the par value OF a share being
800 SO l2s equals $4,000
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
Risk Taking and Large Profits vs.. Safety

~, STEADY reader OF pauable paper vou gve
aoo'" the Manhattan Pggy financed
og James W. EHots Business had he 1an ; 1f
~ " u" similar companies stock s. Inc neo
81 9"V "'g9V Stores me-. Chicago IN Both
ea OUT DC money MAKERS Nevertheless let if 60 becoue on
oo"eT regarded Gs reliable oonr
NO. St"ce ne regarded the hiobl sne
secured only 0y promie' brig something that uos I;stcd nm
Nc" o'N Stock Exchange r ma, ooo 81
thot did not limit income ~ ''""9
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-07-02
INQUIRIES Should Be Signed

Inquiries addressed to this depart
ment of The Tribune are regarded as
confidential. but as an evidence of good
faith, all should be signed and an ad-
dress should be inclosed for reply.
Letters from the following are being
held for identification: E. R. B., s. c.,
J. F. H., M. L., L. P. R., J. T. L., J. OBJ,
Mrs. A. B., A. H. F., L. H., r. C. w,
H. W., e. F. F., G. F. K, J. o. c.,
". J. F. and M. V. B.