davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
: Per Cent Yield Scarce

QuesIon-k ndly advise me II YOU CON
slider the preferred stock OF the United
Shoe Company d good !nVestment II you
have in mind any good bonds paying 7
or s per cent. shall appreciate your
telling me about them. II g.
Answer-If you refer to the United
Shoe Machinery Corporation, we
would say that the preferred stock is
good investment. Good bonds yield
ing : per cent in the present market
are scarce. You will find several fairly
good foreign issues that give almost
such q yield, but, Of course, the fact
that they are callable acts as stay
to further appreciation. Among these
are government of Denmark IS, l946;
Christiania SIS. 1915; City Of Berne s.,
1915; City Of Bergen IS, 1945 The
following public utility bonds yield
approximately per cent; Duquexne
Light TVS. 1888, and Puget Sound
Power and Light 77s, 194l.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
'ass Philippines Bond Bill
o ol' fayors Allowing Indebt.
NJ Tnness Raise TO rs Million

,hori nHhiN ,GTON, May 5.-The bill au-
iacress..ae the Philippine government to
per cent ITS bonded Indebtedness 10
5000 ooo or from about S30,000,0oo to
House snd was passed to-day by the
Chsjr 1,,u sent to the Senate.
fairs Cn 1an owner. of the Insular Al
Measure '" orn}' IN presenting the
ps ssls'ion for the Increase bsd 9 besS !,
but tS ,b.. by the Philippine Legisiature -
BY s ,,,S. It gould become lucrative onlv
The tbp ;i1 OF the American Congress
the Bnr.oWa was urged by General WOOD,
sets,y 80 &c OF lnsular Affairs and Sec
VI war Weeks.
WOOD, O. ca, May 4.-Major General
Cay csbIe ese ~ Of the Philippines, to-
Gals there ~ Washington urging Off
oond bill ~ expedite passage OF the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06

TO figure the precise yield on bond Il
is necessary TO use yield t tsP y h. 0 gtp1ns
SPp ~ 10 following formula Divide the
oT; ny qno, alton on BORA into ne ~
Of the annual return If the oon 20 Is IS sellp hs
neio% a,to7 Of tho principal TO 90 This
spSai the rlet quotation ron - y,
o. ~, e. vAars the bond has TO be-
nun nun maturity. For example. II 6 per
cent cent bord is ceiling At 90 and ~ has as ter sa
geals THE difference between par and
PEI market price will be 10 points sub
tr ira 90 from 100 DIVIDING zen po 4his
90 eS 80 i; TO be added to SIS which Is tbs
annual return. and the result. ..se per
cent. viii, give you the approx innate yield
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
Days Dealings in Bonds
The Market

FURTHER signs Of hesitation appeared
IN the action Of the bond market yes
terday, supporting previous evidence
that new financing has recently been
on TOO large scale for the good Of
outstanding issues. Most changes were
fractional, but in all groups the net
result Of fuctuation was to establish
shEhtly lower quotations. With the
ammunition Of buying enthusiasm trad
ing settled down to quietcr basis.
Liberty bonds shared the downward in
clInation elsewhere observable.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
Investment
Information

PHeSt'ons Of general interest 10 in
.eS1ofs ''1H be ons'Ucred IN this coll
h'""' ~ ichich case only initials ,clN
&c MScd- Others ,oill be onswered bv
hld". Address all inquiries, inoios-
IH9 stamped, addressed envelope, to
"dhc1dt Editor. The Tribune. i5L
"0Sso" street, Netc York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
London Market Firm

LONDON, May 5,-The general tone
was firm on the Stock Exchange TO-DAY
with the exception of oil shares. when
were irregular. Bar gold was quo,es1
at 93s Sd; money was loaned at u
per cent. Discount rates were; ShoiI
and three month bills, 5-16(aZ@s per
cent Consols for money were quooeepo
~ 5S1A British 5 per cent loan at 80 a
and British Ar per cent loan at s6'4.
llociner stock quot ations were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
Paris Market Improves

PARIS, May 5.-Prices improved on
the Bourse to-day. Three per cent
rentes, ST francs. Exchange on Lon
don, as francs so centimes. rive per
cent loans, rs francs % centlmes: Inc
dollar was quoted at 10 francs VI cen
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
Improvement. in Shoe Trade

Question-I have read Tho Tribune
tor many Years and have greatly admired
tell me through your valuable column
vhat YOU think Of Brown Shoe Ccmpa ny
common aud also tho stock OF Libby Nc
Nen G Iihby. DO YOU think the reVer,e,
suffered by these two companies last year
VIII prevent their future earnings from
reaching the proportions they did pre-
Nious 10 1921 know that thess two
stocks are speculative. particularly tho
latter. hut am interested In the outiook
for thrIn. win appreciate the favor o!
an extensive answer, such as have fire.
0uen1y read in your paper previously In
regard TO other issues. 4 s.
Answer-lf you had asked whether
we believed these two companies would
recover their normal earning power, the
answer would be simple enough espe-
cially as far a. the Brown Shoe Com
pany s concerned. for this company ha'
already shown marked Improvement in
its business and earnings. But wher
you ask whether they will be restrained
from attaining the earnings realized
prior to 1921 that is different ques-
ton The period 1868 was one OF
phenomenal prosperity and imitation
There was nothing normal about it
The average Of s40.59 a share earned on
Brown Shoe preferred stock during
the period l91G-19 was not normal
Neither was the S6.8l earned in 1920
or the $616 earned in 1915. Some
where in between, but nearer the rates
for 1920 and 1915, lies the com
pany's normal earning power. We see
no reason why the Brown Shoe Com
pany should not recover as quickly and
completely as other shoe companies OF
the same size. There has been pro
nounced Improvement already. In tn.
quarter ended January 81, 1922. ship
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06

Lee. Higginson & Co. ANNOUNCE soo t h@3
subscription books on the $500 900
Mortgage 6 per cent sinking fund
hcnds. due in 1897, offered by them
At 90. to yield more than 6 Il per cent
had been closed. the issue having been
,nld
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
Meaning Of Income Bonds

tet>,, ..i, VIII YOU inform, me what tn.
no,,a income bonds" az applied to m.
I ieo na ~ he Sew Orleans. Tera, MeI'
the,a %l means. also how YOU rate
ratin 0ohus WIN YOU also give me YOUR
Per-. Ma, az 10 Atchison prefeTrcd and IN.
". . "IErQuettc prior preference stock =
wer-An income bond j. entitled
20 interest only if it is earned. In tn.
80 OF New Orleans, Texas &
"e&'co 5s, the interest is now being
ea an,' by wide margin The com,
payments IN 1917 and has continued
cong 80 without omission up to the
rIeSenN We think these bonds are a
sood investment for a business man.
Ss &C. preferred stands among the
M NJ. i"nk OF preferred stocks. Pere
MaF9uette prior preference. although
not a seasoned dividend payer. is
1easona6ly good investment. This i.
one or the smaller railroads that have
aouno operations profitable since tho
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06

A new issue Of s785,ooo City Of
Paterson. n. j.. Ala per cent school
bonds, due 1923-195l, was AWARDED
Yesterday at 1926 to Lamport' Bar
kcr & Jennings.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
Can Convert Bond at ANY Time

Question-I have per cent Consoli-
dated Gas bond. due in 1925 which Is con
Nertitle into stock at par since February.
1922. Can YOU favor mo by Yelling me IN
one OF your issues which Is the best NOVA
to rnahe-conNert the bond or hold same
TO maturity?
Answer-There is no particular ad
vantage in converting your Consol-
dated Gas bond into stock at present,
if your object would be to hold the
stock for investment. The stock pays
per cent dividend and your income,
therefore, would be unchanged. II
you should make the exchange now
and the stock should be selling down
to 95 on the maturity date of the bond
in 1925 your holdings would be worth
$50 less than if you had held the bond.
There is no need for haste. You can
make the conversion at any time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06

TIE ANNUAL MEETING OF THu
SIOChHpLDERS or The Standard Ca.
IAEhi company Of The City OF New YORK
VII be held at tho office IF Tho Company.
Rocm No 20e. No. $50 East 18th Street
NewT York city. on Wednesday, May 10Th,
Directors ard the transaction OF such other
business az may come before the meeting
JOHN r SANBORN. Secretary
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
DAYS Nem Issues

1t was reported in bond circles
Yesterday that the S35,oOo,o0o New
ENGLAND Telephone and Telegraph Com
nany bond issue would be offered pub
iicly early next week, possibly on
Monday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06

-Four full columns Of in.
restment questions and an.
s,cers ,ciU be published in
The Tribune euery Sunday
and Monday. On other days
one full column t1iH appear.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-05-06
MISSOURI PACIFIC RAuno,n COW.

ny order ~ tis Boar3 of Director.
WILLIAM = CABLE. IR Cssh!.r
Evening journal., 1922-07-27
NEWS HAPPENINGS IN DELAWARE AND MARYLAND TOWNS
RURAL CARNIVAL
UNDER WAY TONIGHT

Special TO The Evening Journal.
ELsMERE. Del. July 27.-Head-
ed by the Elsmere Fire Company
members and their two apparatus
fire companies OF Newport. Grams
ton Heights, christiana and the
Five Points, will parade here to-
night. opening the second annual
carnival OF the local fire company.
The parade will start at s:i5 o'clock
from the DUPONT road and Lincoln
Highway.
II will be "Firemen's Night" and
many handsome prizes will be CIV
en-.
Tomorrow evening will be ia
dies Night" The list Of prizes 70
be awarded Is increasing daily, ac-
cording 70 the members OF the COM
mittee. Those who donated articles
TO the committee today were: Nil
Ter Bros. mirror; 3. F. Rawnsley,
cigars Wilmington Gas Company.
iron; Peoples Hardware, shaving
set; snellenburg, shaving set: Hart
love. nashlight; Mundy Bros, oan-
dlestick; Sugar Bowl. candy; John
ny Jones. pipe; Topkis. doll: Will
mington Furniture Company. pic
ture.
Evening journal., 1922-07-27
MARKET
Opening PRICES
Quotations Today for Pro-
visions, Grain and Poultry
in Philadelphia

Following are the opening quota-
tions today in the grain. provision
and poultry market In Philadelphias
wHEAT-Higher: No. :. red winter.
81. .i7mQ Q1.aoil; DO. garllc,y. r.osh0
1iiis.
CORN-Firm; export higher; No. 2.
for export. 7eM 07shc; No. ., 7thlu
75mc: No. 4. 72ikQ75hc.
FLOUR-Dun; soft winter. straight,
Western. ss0s25; do. nearby. $3.50
$50; hard winter. straight, se.6s07; DO,
clear. ss.5OQs75; do, patent F.75@s:
DO, short, patent. ss.259s.50; fancy
sprlng and city mills, patent, family
e oatsEHigher; No. 2. white. ssewnc;
No. 8. white- A5G4bhe .,o
RRAN-Flrm; soft winter. In lOO-
pound sacks. 325,5oq2s5o; do spring
s2i.60d $3.50.
LIVE PoULTRY-Easier; fowls, not
ieghorns, 2fq 2se; do leghorns, 204ztc;
spring chickens. not ieghorns, 2i4Sbe;
do, leghorns, 2o425c; old ROSTERS ieg
DRESSED PoULTRY-s,sadyl fowls,
fresh killed, choice @ fancy; seH sge; Ns
ems. nearby, ssql2c; do. Western, 40
sie. rooaters, Western. iec; DO, South
ern, i7Gise; spring ducks nearby zt@
s5c ..,
"a No. 2. s2id22; No !. sie.S0a1s.60;
sample. fis.5oG 1850; no grade, si1;boV
1880; clover-mixed hay, light mixed,
.ig.5002O.50; No. ], mixed. N1eo~
1850.
TALLOw-Lower; prime city loose.
sac; special loose. 6Hc; primo coun-
try, ihc; edible IN tlerces, INC.
CHEESE-Eas!er; New YORK wnole
milk, fancy fats. 2od20hc; single oais-
les. goa 2oitc.
RITTTER-L,ower: western creamery,
extra, 35c: nearby prints, fancy, hQ
4tc.
EGGs-Easier; nearby extra hrsts,
25c; do. hrsts, 23e; Western, extra
hrsts. 25c; do, hrsts. 23c; fancy, Sc
lected, packed. 3iq32c. -.
POTkTOES-Lower no. 1. per bbi,.
S2G250: No. /. nearby. per bskt, 4VV
5Oci No. do. 100 2bo.
Evening journal., 1922-07-27
MILFORD Will
GET new PLANT
Cellulose Products Com
pany Decides To Build
Factory There
WILL MANUFACTURE
ARTIFICIAL SILK

MILFORD. July 27-A modern
brick and steel factory building. 100
feet wide and 20 feet deep will be
erected by the Chamber OF Com
merce, Milford, Del. on a fifteen
acre tract. for the cellulose Prod
ucts Company. a manufacturing con-
cern incorporated under the laws Of
Delaware.
Ground will be broken soon and
work on the structure pushed TO
completion, $4,000 having already
been expended for machinery.
When the present plant will have
been completed II will represent
value of upward Of a quarter OF a
million dollars, Il is said.
The Cellulose Products Company
was organized 20 manufacture arti-
fetal silk straw and hair. The NIL
ford plant will be the first in
America.
The officers are; Charles A. Ca
milo, president; William Pechmann.
vice-president; cprtis 2. Bin
Singer, treasurer. and II. A. Finney,
secretary.
This IL the same company that re-
Gently negotiated for a site at New
Castle TO build It's plant but has evil
IDENTIFY now decided on Milford as
the location. The company now has
an experiment station at Marcus
Hook, Pa.
Evening journal., 1922-07-27
HARVEST Home
OBE AUG. 10
DR.. James M. Taylor Will Be
Speaker at Whiteman's
Grove
GUARDSMEN READY
FOR ANNUAL CAMP
Special to The Evening Journal.

| Special to The Evening Journal.
NEWARK. July 27-The annual
Harvest Home at Whiteman's Grove
under the auspices OF Ebenezer NJ
z. Church Will be held Thursday
August 10. DR.. James NJ. Taylor
will make the principal address OF
the day at 1890 o'clock in the morn
ing on World conditions that make
Democracy Impossible" During the
past is years DR.. Taylor has visited
most every country in the world and
has travelled 100000 miles out
side the United States. During the
day he win also give a special talk
10 the young people.
The elaborate chicken dinner
which for years has been one Of the
features of the harvest home will
again be served There will be
numerous attractions during the day
including a baseball game. Mrs.
NJ. NJ. whiteman will be in charge
OF the novelty booth; Mrs. Sadie
Writ, the children's playground;
Miss Alice Davis the candy and cake
sale and George Knots the lemonade
stand.
The local company OF the Ma
tional Guard Is making the final ar
rangements for attending the annual
encampment at the Rife Range be-
low New Castle next Monday. The
company will be composed OF about
fifty men in command OF Captain J.
w. Davis. The guardsmen will go
by train 20 Wilmington in a special
car. At Wilmington the special car
will be shifted 20 the Delaware Rail
road for New Castle.
Miss Mary Evans. OF Ocean View,
one OF the students at the University
OF Delaware Summer School had a
narrow escape from being drowned
while in the university swimming
pool on Tuesday Some other stu
dents noticed that Miss Evans was
in distress and when they pulled her
out she was unconscious. She soon
revived.
Members of the West Virginia
Poultry Association who are on a
1000 mile inspection trip through
eight states stopped in Newark on
Tuesday and visited the poultry de-
partment at the University OF Della
ware farm. The idea Of the trip is
10 get poultry methods to take back
10 their state. From Newark the
party went 10 New Brunswick, y. J..
Mr.. and Mrs. Conrad x. d. Lewis.
are receiving congratulations on the
birth OF a daughter, born Saturday
July p.
Evening journal., 1922-07-27
MEETING CALLED
FOR ELKTON CHURCH

Special to The Evening Journal.
ELKTON, Nd, July 27.-The
Rev. Thomas S. Armentrout. mod
orator of the Presbytery of New
Castle. has issued a call for a con-
gregational meeting in the Elkton
Presbyterian Church. on Monday
evening at 1880 o'clock to elect
elders. DR.. Aqullla Webb. of First
Central Presbyterian Church, VIII
mington, was appointed as moder-
ator at the meeting. In view of
the peremptory order 10 DR., John
McElmoyle. 20 vacate the Elkton
Manse in. thirty days. the meeting
promises TO be most interesting
one.
Evening journal., 1922-07-27
MANY ENJOY
Swimming POOLS
255 Women and Children of
City Take Lessons on
Monday
CLASSES STILL
CONTINUE OPEN

Attendance at the city swimming
pools continues 10 be large and the
oity's free instructions are reaching
over fve hundred persons each week.
The Brandywine pool leads in
number registered and also attend
ance and interest there ls at high
pitch. Registration there has near
ly reached its maximum and Satur-
day OF this week will be the last day
for registration at this pool. The
other three pools are showing good
attendance but there Is room for
more pupils In the various classes
Progress OF the several classes Is be-
ing watched with interest and II le a
safe estimate that all those attend
ing regularly are getting some BEN
eft from the instruction and that
they enjoy the work II proved by a
regular attendance. Monday OF the
current week a high total for one
day was reached when 255 girls and
women were given instruction. In
the evening alone In one class II
women reported for action and pre-
scented an interesting sight as they
went through their various drills and
tactics. Only a short time remains
for the instruction and those people
Interested are urged to enroll at an
early date. II Is possible TO enroll
as late as this week and really not
lose any OF the work as each Lesson
starts at the simple work and Is
progressive 20 the completed stroke.
The advanced classes are being
given rudiments OF iife-saving at the
present time and are taking hold Of
the work with a will.
Evening journal., 1922-07-27
FREDERICK A. MILLER
WINS SCHOLARSHIP

Special to The Evening Journal.
ELKTON. Nd, July 27.-While
operating tha>steam shovel working
on Main street, Elkton, Walter Pres
ton, a North East engineer, was
struck on the head by a broken
casting, and sustained a severe lac
Grafton of the scalp
I Mrs. Frank J. MacCauley. OF oak
land, California. who was formerly
Miss Mabel Taylor. OF Elkton, has
sailed for England, where she will
visit relatives. The trip from oak
land was made by automobile 20
washington. d. c., where she has
been spending some time with her
father.
The Orphans Court for Cecil
county on Tuesday appointed Fred
erlclk Augustus Miller. OF Leeds, to
scholarship at Washington Col
lege, Chestertown.
Evening journal., 1922-07-27

II think the Prince Is too 'tweei
for wordsl"
This Is Huma Nearly's candid
opinion about the Prince of Wales
Huma Is the first sub-deb entry in
the great prize contest. She Is the
daughter OF the Dover Nearlys and
her sister Vera Nearly, married the
Duke OF MiekstoOr
"Of course. I have lots and lots
OF erushes." she continued. why,
the boys just don't give me a minute
20 think. They're al the door all
the time. Mamma won't answer the
bell any more when I'm home.
They're wearing out all the parlor
furniture. Father says he's going
Evening journal., 1922-07-27

to charge them part OF the rent OF
the house or put up No Parking
signs. but. of course. he's only fool
ing.
But think a prince would be too
dear for words. Judging from his
picture you had In the paper. really
/ think he'd be just dellciousl I'm
sure he would like me. He'd prob
ably get along well with the rest OF
the boys. too. and we could all have
some perfectly lovely parties to-
gether.
"As for marrying him, really
haven't made up my mind yet.
While there are so many nice boys,
Il seems a pity 10 concentrate, don't
Evening journal., 1922-07-27
JOSEPH INJURED
WHEN TIRE EXPL0DES

REHOBOTH. July 27.-G. NJ
joseph. garage man, OF Rehoboih
Beach. Is in a serious condition and
il Is feared will lose the sight OF
an eye from an exploding automo-
bile tire. Joseph was putting ali
in a tire on the car OF DR.. Frank
Grier. of Milford. in which a patent
inner tube which was claimed 20 be
puncture-proof had been used. The
whole tire bursted, and a thick
piece Of the inner tube, much heavier
than an ordinary piece Of rubber
tube, struck him In the eye.
Evening journal., 1922-07-27
CAPTAIN MORRIS INJURED

Special 70 The Evening JouInhl'
SEAFORD, July 27.-Captain Silas
II. Morris. met with severe aeei-
dent, yesterday afternoon. while do
ing work az the home OF Colonel and
Mrs. Edgar c. Ross. He acci-
dently fell from a ladder, receiving
a bsd cash over one OF his eyes and
other bruises Of the face.
Martin v. Massey. OF Woodland,
and Miss Leila Meredith, daughter
OF Mr.. and Mrs. James II. Meredith,
Of this town, we're quietly married
last Saturday evening at $50 o'clock
by the Rev. Frank F. Carpenter. at
ST. Johns NJ. E. parsonage, on Pine
street.
Evening journal., 1922-07-27
NATIONAL CAMPAIGNS
TO BE RUN BY RADIO

WASHINGTON. July 27 Omitted
Press)-Two big political radio
phone broadcasting stations prob
ably will be set up by the Republi-
can and Democratic national com
mittees for campaigning pur-
poses.
Political publicity would be cireu-
lated throughout the country by
these stations, which would faeil-
tate campaigning.
Tentative proposals have been
submitted to Chairman John T..
Adams OF the Republican national
committee for setting up a S25,OOO
station on the roof OF the Munsey
building. where Republican head
quarters are located.
Work will not be begun on the
station until Congress places its
sanction on the suggestions OF See
retary of Commerce Hoover for gov
ernment supervision OF radio tele-
phony.
Judge Cordell, chairman OF the
Democratic National Committee,
also has signifed his intention Of
setting up a station II the Republi-
cans carry out their plans.
Prospects of a long summer ses-
sion OF Congress has lent impetus
TO the new suggestions. Many po-
lltical leaders will be retained here
and the radiophones would enable
them to get In some campaigning
while remaining in the capital.
MEDIUM BROWN HAIR looks
best OF all after a Golden Clint
Evening journal., 1922-07-27

you think? As father says. mar
rihge may be a great institution. but
who wants 10 be confined in an insti-
tutlonT"
Evening journal., 1922-07-27

Put your Want Ad in at once and
get rid OF the idle fat for the Sum-
mer months-rent Il az profit
through the Wants.-Adv.
Evening journal., 1922-07-27
MALLISTER BUYS
WARBURTON HOME

Special to The Evening Journal.
ELkToN, Nd. July 27.-The
creditors Of Charles Z. Warburton,
Of Easton, Nd. formerly OF Elkton.
have sold at private sale. TO for
mer Sheriff J. Wesley McAllister,
the residence OF Mr.. Warburton, sit
usted on East Main street. Elkton.
Tor $4,000. This is one of the fin
est homes in this town, and is said
to have cost $4,000 TO build. Since
the failure OF the Second National
Bank OF Elkton. OF which william
T. Warburto, OF Elkton. was pres
ident. his son. Charles f. Warbur-
ton. has resided in Easton. where
the parents OF his wife live. Mr..
McAllister also bought half inter-
est in the Warburton Apple Farm,
sold at public sale last week.
Evening journal., 1922-07-27

My son, the best sort Of house
hold help IL quickly obtained by
those who search the Want Ads
Adv,
Evening journal., 1922-07-27
Foot Troubles
Let the Natural Remedy
Sun River Ointment

come 10 your aid for sore. tired, ach-
ing feet; corns cailouses and bunions.
Use Sun River Soap also. All good
druggists.
Evening journal., 1922-07-27

MEDIUM BROWN HAIR looks
best Of all after a Golden CLINT
shampoo.-Adv