davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-04-03
Selling to Buy House

Question have purchased a house and
would ask you 10 Kindly advise me which
or the bonds 1T would be best to cell In
order to raise $4,000 cash $500 Western
Electric rs. $500 Pennsylvania Railroad
bias 81 900 Union Tank Car 7s $500 stand
ara OH OF New York Is, 1923. 81 900 Clevc-
Ihnu, Cincinnati, Chicago q ST Louis As
i'ig, ana $1,000 HrunsYick & Western first
f' '3h 1t would not be a question of In
come on the ones ! held. but whether the
per cent bonds would increase moro In
VAlue than tho u per cent or per cent
ones.--A u. +.
Answer We would advise the sale
of the Western Electric Is and the
Union Tank Car Is on account of their
nearby maturity and also because both
are callable ut the option Of the com
pany. You would realize about S1.5G2
from these sales. We would suggest
the sale Of the Standard Oil Of New
York Is for the same reason, but you
would still lack large part OF the
necessary fund unless you sold this
issue and the Pennsylvania Ghs also;
they are Of fairly long term and non
callable. The third bond to be sold. il
seems, should be the Brunswick &,
western 1s. You would realize on tho
three bonds about $2437
New-York tribune., 1922-04-03

and will not do so until the list Of COM
panies has been revised on the basis of
actual earnings and dividends during
the coming year.
In the case Of the Baltimore E. Ohio
and the Chicago, Milwaukee G. st. Paul
systems, the two roads whose bonds
would pass out Of the legal inves tment
class in this state, the requirements
have been further suspended to take in
the remainder of this year. Baltimore
& Ohio earnings have been improving
and it may be possible for the manage
ment to pay 4 per cent dividend on
the common stock next year But there
Is scarcely chance that the st. Paul
bonds will remain legal after 1928
The main point in this discussion is
an arbitrary legal rating of railroad
bonds. A poor bond cannot be .made
good by official edict, and bond which
possesses high investment qualities
should not be overlooked by private in
vestors simply because the state does
not allow savings banks to purchase it,
In other words, there are, under pres
cnt circumstances, some bad legal
bonds and many good non-legal bonds.
Only two of the Atchison, Topeka e.
Santa F'e bonds and two Of the Union
Pacific system bonds are legal invest
ments in New York State. Yet VIC
would not hesitate to recommend any
of the bonds Of these systems. On the
other hand, there are thirteen St Paul
issues on the list, and we would not
urge the purchase of any Of them
strictly for investment.
After reading this discussion, If you
still want legal bonds returning 5 e
to per cent the following arc the only
listed issues meeting your require
ments that we can find: Baltimore e.
Ohio convertible AVS, 1893, returning
currently about ST per cent; Baltimore
& Ohio refunding and general 5s, due
1895. returning about 613 per cent;
Cleveland, Lorain & Wheeling consoli-
dated bs, 1898, returning about 5A per
cent; Ohio River general 5s, due 1887,
returning about 5la per cent; Pitts
burgh, Lake Erie & West Virginia as,
1941, returning about 81 per cent; St.
Paul, Minneapolis g. Manitoba 6s, 1888,
returning about So per cent; Mobile &
Ohio first mortgage IS, 1927, returning
about 5.85 per cent. There arc other
small issues, but they are so lacking
in marketability as to be unavailable
FOR an ordinary investment.
New-York tribune., 1922-04-03
An Improbable Investment

g Question am single woman Of sixty
I'VE years, with only few thousa nds laid
by mold ak shares of American AgrI-
cultural Chemical preferred stock which
nave not paid dividends for "a year In
there a fair prospect for the company TO
rccuperate? Wou1d you advise mo to selI
or 70 continue to hold them3 They were
purchased at about 90. Also II tho com
pany recuperates will the lapsed dividends
bo paid Miss I. a. D.
Answer -- American Agricultural
chemical preferred stock is cumulative
ana holders arc entitled to payment of
Gelefrcd dividends when the company
decides to pay them The company
mas ITS difficulties to overcome and it
IS entirely problematical when earn
lngs will be restored sufficiently to
permit the resumption of dividends.
Although 1t is reasonable to suppose
the stock will again be put on a divi-
dend paying basis, we would hesitate
ABOUT advising you to hold your stock,
lnasmuch as we do not know your ca
pacity for carrying this unproductive
investment
New-York tribune., 1922-04-03
Value of illegal" Bonds

(locon-I ,coud New i@l legal
bonds that Interest,"
iue Would kindly list Of such NcU
York reliable whch roud be best
ne to
Municipal bonds yielding 51a to cert and qualifying
legal New York State practically
will have nfne ourselves railroad bonds With
the slightest difficulty of bonds
requirements there would be few them that
could
What the subject legal investments intended for
The only investors who
faulty of illegal
New-York tribune., 1922-04-03
Protected by Earnings

Question: have $1,000 to invest and
would appreciate your advice on what YOU
consider the best Investment for tho money
AT present have a $1,000 Columbia Gas
and Electric Company 5. bought at $40:
seven seven shares OF Commonwealth Edson n
stock, at S735. and s700 in Az pcr cent
Liberty bonds. Would you hold the Com
inon"ealth Edison stoclI?-W. G. l..
Answer - The records of earnings
during the last ten years show that
Commonwealth Edison common stock
has been we'll protected by earnings
The statement for 1921 showed con
tlnued progress. We think you should
buy some good bond with your $500
ana lot this purpose we suggest Gen
eral Electric debenture 6s, 1910 Weld.
ing 5.6l per cent; New York Telc-
pnone refunding mortgage 6s, due 1941
yle!dlng 5.76 per cent, or New York
EDISON gas, due 1941, yielding 595 pc,
cent and not redeemable until 1886.
New-York tribune., 1922-04-03
Outlook for Local fractions

Question: own 500 shares OF INTERIOR
Brooklyn Rapid Transit Company stock,
costing me approximately $40 n share. For
some ttme J have observed tho very able
investors. and while 7 feel In some cases
you arc ultra-conservative In your express
sions, nevertheless I would appreciate your
views as to whether you deem it wise for
me to transfer my holdings in Inter-
borough to d. r. T.. particularly in view
OF o. u the 3, yory y satisfactory earnings the
OF tho further fact that a short tirnc ago
they applied to Judge Mayer OF the Federal
coutt tor perm'ssion dn 6 to pay off *4;oooooo
the company stating at that time that It
nad accumulated tho 100000 from
avatla bio to retire additional $4,000 600
OF these receivers certificates In view
OK ON the fav9rablo "5 net earnings OF this COM
pany. as shown by recent figures. are you
OF the opinion that the stock migh go to
oo or 90 IN the next two or three years
the panic came in 1914 the b. r. r. stock
was one OF the last stocks to break on the
ss91e,A ss1cR Excnanss and at that time was
or per cent dividends Undor e,l The
CIRCUMSTANCE. would you recommend that
! sell my lnterborough stock and buy
B. r. L. stock in place OF It'll B. T.
Answer-The local traction situation
lss kept so uncertain by political conflict
thas 1t is more than ordinarily difficult
to foresee future prospects. Earnings
OF both Brooklyn Rapid Transit and
lnterborough Rapid Transit have shown
q tendency toward Improvement. but
this we believe has not been fully re-
f1ected in the market prices Of the Sc
curities for the reason that talk of re-
adjustment of the situation has had
depressing influence. The bonds. It
seems to us. will benefit further before
much can be expected for the stocks
New-York tribune., 1922-04-03
Awaits Dividend Action

Question: own twenty shares Of Lake
Erie & Western preferred, which / could
sell at small profit, but would rather hold
on II thought there was any chance OF
the dividend being resumed. Any advice
you can give me in this matter would be
appreciated.-D. d. $.
Answer-We have no information on
the possibility Of resumption Of
dividends on the preferred stock Of the
Lake Erie & Western. If you can af-
ford to continue your speculation in
this stock, we see no reason why you
should consider an exchange at present.
New-York tribune., 1922-04-03
Dominion Oils Outlook

Question-The large pronortiorn r,
rs"dy an SSSr bIIshsG 9nswer to toc T. n is a.
Middle States Corporal ation "a hoIdinp cnr,
p'ny) has for some time been buying up
can operating company, SO that ahoit eo
per cent OF the latter was owned by the
,0nnn 1"nmer even before the exchange ofrer was vas
maze TOO, own some Dominion stock
and I believe 1t to be worth rnoTe stoan. shars
tGr t6r share, than Middle statea, even though
around; However, what I want to ask wis ~
1t What Is It that might operate to make a
s,ocI worthlens in case like this? In
that the stock OF the operating company
usually fares better than that Of tho hold
is IIifnhnany ~ even when there is but
hands Of tho public I suppose, however
5notber shat hoidnS ai; company can IN one way
thereby causing tho Sns stocks he,S s0mpany by ny
sInali shia IL minority to become worthless Is
ha Stoe xhs hsd nso6mn In mind oy hsn you said
min mtn,2n ,2r o on always was Middle States
merely, trying to increase its holdings
Does this alter the appetite. w.
Answer-Your letter suggests that
you are no novice in understanding
the erratic course that manipulated
stocks often pursue, but when you say
that stock of an operating company
usually fares better than that of the
company that is holding it, we are
unable to follow you. We recall no
such instances, and we would be in
terested in hearing of few examples.
Operating companies are .usually
worked for the exclusive benefit Of
their holding corporations, selling
their products to the parent organiza-
tions at cost, and in other ways con-
triving to make their profits appear
on the statements Of the holding COM
panies. We do not know how the
absorption Of Dominion BY Middle
States will work put, but we had in
mind former cases. of similar nature
when we suggested that Dominion
stockholders might do better to avail
themselves of the offer to convert their
stock. We are still inclined to that
opinion There probably will be very
thin market for Dominion shares,
unless large proportion of stock,
holders refuse to make the transfer.
and We understand, as you do, that
most Of them have decided to accept
the Middle States offer.
Seeks Safe Investment
Question: would like to invest .
stock and have been considerinr w ~ ner er
cent gold notes OF Orpheum Circuit. Ino.
DO you consider this a safe investrn ent :?
w yOu tHlHh or Brazil bonds.
| ls34-46? l would like to invest in some
( ,h'ng that l could find a ready sale for
II l should want to sell Immediately and
vet at least get out of 1t what paid
G. X
Answer-We do not consider Orpheum
Circuit 7a per cent notes high grade.
We would be inclined to prefer the
Brazilian issue. If we were in vour
place, however. we believe we would Sc
lect better bond than either Of these,
although the income would be some
what lower. We suggest that YOU
consider Western Union So, 1898, which
yield little hsttcr than 6M. per cent.
New-York tribune., 1922-04-03
Investment Information

Questions Of general interest to in
uostors 'oili be dnsVered in this COLI
nmn, IN Uhjch case only initials 1oilt
be nsed. Others wiN be duspcrcd By
mail. Address all inquiries, iuclos-
,ng stamped, addressed enUclope, to
Financial Editor. The Tribune, i54
Ndssaa Street, NeO Yoyk CITY.
New-York tribune., 1922-04-03
Not High Grade Ronds

ouestion-W!r you give me your opinion
on the following bonds: Interinountsin
1887; Missouri Pacific general mortgage a.
1870; Central Vermont Railway 5s, 1902
II. D. p. -'o'
Answer-None Of your bonds can be
classed as high grade. They are, how
ever, fairly well secured.
New-York tribune., 1922-04-03
Cities Service Bonds Decline

QUESTION have a friend. a woman
about htty-three years Old, who has 81. 900
IN Cities Service per cent bonds bought
at I'VE. She also has $5, 900 Union pa
clnc common. She was recommended To
buy these by a banker here some wears
ago She cannot afford to take any
chAnces. but wants an Investment that ia
safe' as she depends on tho income to live
upon and has not much else. what nre
the prospects OF Cities Service? / advise
ner to sell and invest in some good bonds.
thought Union Pacific might be all right
10 Keep. What do you advise ?-F. G. p.
Answer-Cities Service Series T
per cent bonds are not secured by
mortgage, but are q direct obligation
OF the company. Despite the slump
in the company's earnings during 1921
interest on this issue has been earned
by liberal margin. There is so much
uncertainty in the oil business. how
ever, that we are of the opinion that
these bonds are more speculative than
is desirable for one in your friends
position. The same is true Of Union
Pacific common stock. A selection of
we'll secured railroad, industrial and
public utility bonds would serve her
,puTposs bsttszs-vA hslisvA
New-York tribune., 1922-04-03
B. & o. Making Progress

uestion--Some time ago l asked for
your advice some bonds and stock
"hlch mold ard you considered them oil
Rood except Baltimore & Ohio AS ! am
not oependent on this stock, OF which /
own twenty-five shares, will you please ad-
Tlse me about selling It now at Ioss or
noiding II awaiting better chance to sell
have recently purchased the following
bonds: Chicago Union Station, Duouesne
Light and Power Company, Great britain
d. Ireland 5hs. Grand Trunk Railway Com
pany' New York Edison Company. first
mortgage and refurding; Oregon Washing
ton Navigation Company, United States
Kuooer Virginia Railway Company. Amer
ican smelling and Refining Company. Cen
trai Pacific Company. l anna widow with
cthildren and consequently depend on nv
Tor your advice on the list Of long-term
bonds mentioned.-Mrs. NJ e. w.
Answer-We contend that buvjne
Baltimore & Ohio stock In expectation
OF rise, or even holding it with the
same purpose in view, comes under the
head of speculation, and for that rem
son we must decline to express an
opinion on the proper course for YOU
to pursue. You will note, however,
that the Baltimore & Ohio Railroad
has been making good progress toward
recovery. We cannot identify all the
bonds in your list, but assuming that
you mean the United States Rubber 5s
and that the British 51zs are of the
issue due 1897, we can pronounce your
whole list good and we'll suited to 8
person IN your circumstances
New-York tribune., 1922-04-03
Holds Brokers' Statement

Question: have bought Soma or ~.
Missouri. Kansas d- Texas prior lien per
cent bonds, series A, for which I hold
only the brokers' statement have
written the reorganlza ton managers I a
w. Seligman. Of New York, in regard to
when the bonds will be issued ana am
advised that the bonds, or interim re-
late this fall. Is there any document that
i SHOULD receive from the Missouri Kan
sas Iexas Railroad Company. or from
must be content with the brokers' state
ment until the bonds issued "A. d. ii.
Answer-You will have to be content
with the brokers' statement on the
Missouri, Kansas E. Texas bonds un
til the completion Of the reorganiza-
ton, which may take several months.
we are informed.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
HERSELF AIDED,
SHE WOULD NOW
BENEFIT OTHERS
Portsmouth Woman Restored By
Taking Tanlac Gives Facts To
Public For Benefit OF Those
Who Suffer AS She Did-Gains
IL Pounds

Others helped me by telling what
Tanlac did for them ale,. now | want
to help some one else by telling what
it did for me-" said Mrs. c. A. Hog:
gard, 225 Sixth Ave, Porthmouth,
Va.
81 was a victim of nervous indiges.
ton and for three years everything |
ate lay like lead in my stomach. Gas
from this undigested food almost
stopped my breath and my heart
would palpitate until it alarmed me.
J couldn't lie on my left side at ALL
Then, too, had chills at night which
made sleep almost impossible. | fell
off in weight alarmingly and got so
weak that when | began taking Tan
lac ! didn't have strength to 90 to
the front door.
But now my friends say am like
q different person and certainly feel
like one. | can eat anything, haven't
had a chlU since l finished the first
bottle Of Tanlac, and feel well and
strong all the time | have gained
twelve pounds in weight, too. Tanlac
Is just grand"
Tanlac is sold by all good druggists
adv
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
SHOW WINDOWS OF
CORDELE TO BE USED.

C0RDELE, May 12.-CordeIe' wot
men fostering the MADE in Georgia"
week have hit upon the plan of Sc
curing show window displays of Geor-
gia products town during the cam
paign. An award of a handsome
prize viii go to the best display. The
merchants may show the goods, so
they are made in Georgia, no matter
from whence they come. Rivalry in
this show promises to give the people
who trade in Cordele a fine 'look-
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12

and Gen. William Clark,N Lewis Cass
and Winfield Scott.
The treaties of 1926 and 1885, where
I'm the Indians decided away the last OF
their lands east of the Mississippi
river. were signed at Fort Crawford.
The Black Hawk war centered about
IT. and Abraham Lincoln, then young
lieutenant was stationed at the fort
during this conflict Chief Blackhawk
was taken to the post as prisoner
after his capture by the Winnebago
chiefs after the rout of the Sacs and
Foxes at the Battle of Bad Axe.
Near the site of the fort is Fort
Crawford cemetery, where those who
died during their term of service were
buried. The cemetery is government
owned and well cared for.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
GOVERNORS DAUGHTER
NOW MUCH IMPROVED

ATLANTA, Ga, May 12.-Gov-
ernor and Mrs. Hardwick Returned
Friday from SandersYille where they
vert several days age 10 be with
their daughter, Mrs. Fred Rawlings,
who was quite i'll. Airs Rawlings IS
reported to be very much better.
Monday night Governor .Hardwick
will leave for Moultrie where he goes
to address the state meeting in be-
half of the movement to prevent the
junking Of the Atlanta, Birmingham
and Atlantic railroad
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
WILL PRESERVE
HISTORIC FORT
Dauqhters of American Revolu-
ton Plan Reconstruction OF
Famous Fort Crawford.
ORIGINAL WAS BUILT IN 1872
Most Famous OF Any Of the Forts in
the Northwest Has Fascinating
Hlstory-Zachary Taylor
Once Command7nt.

Prairie du Chen, Wis.-Preservatlon
and eventual reconstruction of historic
Fort Crawford is forecast by the &C
ton of the Prairie du Chen chapter
of the u. A. II. in securing AN option
on the property from w. r. Graves, It's
owner, in an effort to preserve 1t Tor
historical purposes.
Fort Crawford was the most famous
of any of the forts in the Northwest.
The original post, Fort Shelby, was
built during the war of 1872. Hardly
had the first American troops taken
possession of it, when a detachment
of British troops, REINFORCED by In
dams. came down the Wisconsin river
and laid siege to il. The garrison was
forced TO surrender and for year the
Union Jack floated over the frontier
post and southwestern Wisconsin was
a part of the British empire.
Buildings Ruined by Fire.
At the close of the War of 1872 the
fort was evacuated and shortly after
ward most of the buildings were gut
Ltu Dy ilt-
The American government then re-
built the fort on the same site calling
it Fort Crawford. Later new site
was chosen a mile south on higher
ground and a larger Fort Crawford
was erected.
Zachary Taylor, later President OF
the United States, was commandant OF
it at one time one of his lieutenants
was jefferson Davis, who led the
southern Confe ieracy through the
Civil war. Davis fell in love with
Taylor's daughter and married her, to
the great displeasure of the command
ant.
The fort surgeon was Doctor Beau
mont, whose assistant Martin ST.
Alexis. had "A bullet hole in his stom-
ach. Through this hole Doctor Beau
mont studied the processes of digeS-
ton. The experiments thus conducted
still form the major part of the knowl-
edge medical science has of the stom-
ach and its functions. st. Alexis is
mentioned in many school physiolo-
gies.
Other Notables at Fort.
Others stationed at the fort at va
rious times were the historian, Henry
- 4 81. 9.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
Infant Grows More Teeth.

Duluth, Physicians are mar
Yelling over the case of Alice Margaret,
daughter of Mr. and Mrs. Matt Collins
of Hinckley, Mimi, who although less
than a month old, has grown two sets
Of teeth. A dentist extracted two
teeth from the infants mouth two
weeks after birth. Physicians exam
ined the infant afterward and discov-
cred two more teeth growing in the
place of those extracted. The in
FAINT is reported TO be normal other
wise.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
HUMAN FLY EPIDEMIC IN CITY
Small Boy Casualties Sweep Mexican
Capital in Wake of Climber Who
Thrilled Crowds

Mexico City.-Numbers of small
boys have been injured. one fatally,
In the last few days while trying to
emulate human fly who has thrilled
the crowds by scaling buildings.
Shortly after the professional climber
arrived from the United States and
began his exhibitions an epidemic Of
matchmaking broke out among the
boys, and the police and firemen have
responded to numerous calls 10. rescue
lads from precarious perches.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12

! 600 quickly relieves Colds, Consti-
patton, Biliousness and Headaches. Ar
Fine Tonic. adv
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
CORDELE LIONS NOW
OUT FOR PLAYGROUND

C0RDELE, May 12.-At their
noon luncheon Thursday the Cordele
Lions selected committees and set
out to give the children of CordeIe
suitable public play grounds. Their
work will be completed within the
shortest time possible and at least
two plat grounds are promised.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
WALKER HOLDS
UP HISDECISION
To Make No Announcement I'm
till After Next We'd
nesday

ATLANTA, May 12.-Clifford
Walker of Monroe, who is reported
as being candidate for governor,
spent Thursday in Atlanta. He said
he had not determined yet on maxi
ing the race but would have a defi-
mite announcement for the people af-
ter the meeting of the subcommittee
Of the state committee on rules. This
committee will meet in Atlanta on
next Wednesday to fix the rules Of
the primary.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
Other Notables at Fort.

Others stationed at the fort at va
rious times were the historian, Henry
Schoolcraft; the artist, George Calvin
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-05-12
BASKETDINNER
IS ANNOUNCED
Event To Be Held May 25 In
Observance OF Made-In-
Georgia Week

Continued From Page One.)
city, wherever space may be offered.
The Timcs-Recorder was asked to re-
quest merchants desiring to offer
small show window space for one of
these exhibits to communicate al
once with George o. Marshall, secre.
tary of the Chamber of Commerce.