New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-05
Public Utility List Large

Qusr.on VIII you kindly r'y- - -
fersrf ~ your advice and crlfriffn NJ ~
Irrlrsef flsf % bonds md STOCKS. "Ie
especial reference o. es,iab.- fsaipfss anf
liberalization o. bonds an rii'r'
over aaff. entirely Dependent sl.t VIZ lI
come from these Investment Ny lfoo.
lon IT, ike that % many others. hoF -
obtain The farges' possible inrofnN cone
sisf-nf wlfh safs'y ~ principal 'sn YOU
suggest any changes with mat ~ III
visve : have fhoueht - selling no Ter.
war1u.ff- sfnff ard replacing u WI
American Telephone and Telegraph. ~hlrh
would sIrhf'r Increase income An slro
thinking - selling The oregon a faIforna
horf due 1927 ard buying long-feffn
~on.~siisti. pori or some hiEh class pre-
f.r~ef STOCK Would sou think % wise 20
mako these eNcharFss - 'his time arc
would rou advise preferred STOCKS m uon1.
a.. slbsfifuf~.f realize fhaf some * my
STOCKS are speculative, bur they "ef-
bought a. higher prices and. With nc 81
re.fi0r % lere Marquette. Wolll hrhn
sacrifice 90 ssii them now. Ny ini~nilon
has been eventually ~ dispose or all t'N'N
ard rorFre wv Investments erfireif -
good bonds Llt 7 notice that you of.sn
advise high class preferred foeAs ioI
~ your investment column ! have ga,nrl
much valuable Information. f0r when
am very grateful. and fhaIl deeply Ap-
prcciaf- arf slggesiions ct a1Nice o. ~.
h willing 20 give List - bonds si,oo1
AfIronfarx Electric Power Company -
1893. s. 00o New England Power company
g. 1881. 3 ff1 Montana Power company
O. fttr. 5000 Teras Electric RAILWAY -
fs,- 1900 southern Bell Telephone Com
rarv o. f4U. 81 900 southern Railway
COMPANY O.. 1880 - 900 Pacific Ieierhonc
and Telegraph Company o. iaaI, 1900
Southern california Edison COMPANY -
1850. 5000 southern california Edison
c,.omP,.ry q. 80 oo9 M.nn lss! s o.s
f re-. ,.,',,o-ri, Railroad =. fs.f. 81
ora >.-v YORK 4 W~sfchs.fer Lighting
c8mrarr g. -00f. s. c0o Consumers Power
COMPANY - 1878. 1000 Lntrd states
Rubber Company 70. 1914 -. ooo nii.1
gochrsf~- Railway and Light s., 1854 u
ono Great northern Railroad =. 1885 u
500 American sugar Raining company o.
1879. 1900 General Electric COMPANY -.
1870 $1,000 Utah Power and Light =.
fqtt. 8 200 Southern Power Company =.
1850. s. 600 Commonwealth Edison com
rsnr =. f1f-. 81 n00 san Diego 'onsol-
ia,ef Gas md Electric - 1889. ~ 900
Iowa Railway and i'gh' Company - 1872
g no Farl1r coast Power company -
$40. g. ZOO Two Rector street torpofa-
ION - 1885. $500 Kingdom o., Denmark
- 1915. s. 000 state ~ Queensland =.
fatf. ZOO Goodvesr TIE and Rubber s..
1871. s. 200 NlrEinia1 Railway =. 1893,
a ftf Portland Railway. Light and Power
-f-- 1915. e. 900 Milwaukee Electro Kan.
way and firht S. 1851 $1,000 .n.ca
states Envelope COMPANY -. 1880 tl.ooo
American Public service COMPANY IS. ~.
80 f.4f tffn gofvAv - ClH s. 1877.
s-e~k. 30 shares rni'ed states smelling
r-~fs--ef. % shares United states En-
vafopa rrrferrrd. shares swift 4 CO. Is
share. pere Marquette prior preference, 5
sha-es United states steel common-Mrs
X. T.. II
Answcr-Your list Of stocks does not
impress Us as too speculative FOR m in
vestmen. 50 we'll supported by good
bonds. We do not recommend any
change for the purpose Of securing
higher income. The list o. bonds Is not
AZ well diversified as NC would like 70
sec Il. containing. as Il does. such
large percentage OF public utility is
sues. However, this class 81 security
il diversified as 20 the location Of the
property and We think these bonds can
Sc carried along without change. The
possibility Of bonds being called prior
- maturity Is not a problem in your in
vestments. Your suggestion 70 sell the
short term Oregon California IS IN
favor OF bond 81 longer term is log
zeal. You might consider Canadian
Northern Gas, 1916, yielding about 81
per cent.