davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-08-18
Empire Gas and Fuel 7iIsg

Qpestion-Being interested in the pur-
chase of Empire Gas and Fuel i u per
cent bonds. notice in your column, under
date of July II. that you class these bonds
as second grade. In the circular describ-
physical assets Of over four times the
amount of the issue and that the interest
has been earned over fear and a half
ttraes annually IN ratio to their current
liabilities. I have reason to believe that
these figures, as per the year ending De-
cember, 1921. are to be taken as correct,
as the government veriftes same for income
tax returns. OF course, I understand that
government bonds and nnunicipals are
rated higher by banks for trust funds, but
layman I have been told that the
amount of security behind a bond issue
and the number OF times its interest is
earned are paramount in the consideration
syndicate who originally underworld this
issue was composed Of Haisey, Stuart & Co.,
Lehman Brothers. Kuhn, Loeb & Co.. and
number of other well-known houses.
With the fact In mind that the Empire
Gas and Fuel Company is devoted to tho
production and marketing of oil and nat
urai gas. may I ask your reason for your
classification f--S. 3, s.
Answer-We appreciate the impor-
tance of everything you have said about
the Empire Gas and Fuel Company,
especially the relation between prop
erty valuation and funded debt and
the ample margin of earnings over
fixed debt interest charges under pres
ent conditions. We appreciate also the
high character of the houses which
brought out the issue, although 1t can
not be said that Kuhn, Loeb & Co. had
anything to do with it. At the same
time we cannot say that these facts
have changed our opinion of the rat
ing these bonds deserve, for all the
facts were kept clearly in mind when
The article to which you refer was
written. The main point we wish to
emphasize is that the company is en-
gagged in a business which has great
hazards-the production of oil and nat
ural gas. We could name several
bonds which are supported by a greater
cover of earnings than the Empire Gas
7hs but which cannot be rated highly
for the reason that no cne, including
the management of the company itself,
knows how long earnings will remain
at the current rate. Assurance of ade-
quate earnings at least during the life
OF bond issue is just as important a
consideration as the current fatio of
earnings TO interest requirements.
New-York tribune., 1922-08-18

4 ~ 8 l939
i SO u
N Rys NJ
4 u s 1857
2 80. 80
Nat Tube SIS
1852
2 .l01
New-York tribune., 1922-08-18
Railway and Other C Corporations

Ajax Rub SIS /
interim ctfs |
New-York tribune., 1922-08-18
Citles Service scrin

ouestion-you have sso doubt received
sa sshIorInation on the propoaal to give bonds
cular dated July 81 A friend holds ten
snares Cities Service preferred DO you
sMgsest conforming TO their proposal? Is
Cities Service q good investment or is it
spsculafive? what Is your opinion OF
Cities Service bankers shares 7--H. J. T.
Answer- Whether your friend should
send in his Cities Service preferred
scrip for cash or take bonds Of the
new series is a personal question for
him alone to decide. If your friend is
in no immediate need of the cash. the
bond may offer greater return even
tually, since the company proposes to
pay per cent on bonds issued for
scrip dividends. Cities Service pre-
ferred is suitable for business man.
The common and bankers shares are
speculative, in our opinion.
New-York tribune., 1922-08-18
Days Dealings in Bonds
The Market

Activity in the bond market yester-
day demonstrated that trading has
again lapsed into coalition OF reia-
tive quiet. Corporation bonds dis
played best strength, buying being rs
sociated with the prospects of business
revival arising from adjustment Of la
Dor difficulties. Railroad issues were
more uniformly advancing, but among
industrial bonds some good gains also
were made. Interest in Liberty bonds
has at least temporarily slackened, and
the tapering off of orders has been ac-
rompanied by gradual but steady loss
Of ground. Foreign government bonds
were subject TO light dealings and were
irregular. The movement of French
issues particularly was uncertain.
New-York tribune., 1922-08-18
Tel. and Tel. Subscriptions

More than 5000 subscribers in
mounts from one to twenty shares have
pplied for more than S5,500,0Oo stock
Il the American Telephone & Tele-
fraph Company, under the plan by
thich participants in the recent offer
ng of 100000 New York Telephone
referred stock were offered the right
subscribe to shares of the parent
orporation. This action was decided
ipon because of the heavy cutting down
4 allotments on the N. Y. Telephone
issue. OF the $4,000 shares Of Ameri-
IAN Telephone sold, 45 per cent, it was
mnounced, has been fully paid for.
New-York tribune., 1922-08-18
Pennsy Wants Long Leases

WASHINGTON, Aug. 17-ApgrcFsl
was asked from the Interstate Com
merce Commission to-day by the 7sss-
syivania Railroad for a series of s9s-
year leases which the system infsles
to take upon number of subsidiary
corporations now being operated as 9
part of its main line. All the leased
properties are owned and controlled
by the Pennsylvania, but the lease ar
rangement would facilitate their
handling, the application explained
Among the companies for wnicn
leases were submitted were rae Wheel
ing Terminal Railroad. the Indianapolis
& Frankfort, Ohio Connecting haii-
way Company, South Ckicago 4 Sousn-
ern and the Cleveland, Akron 3 Cin-
cinnati.
New-York tribune., 1922-08-18
Famous Plavers-Lasky

The Famous Players-Lasky Corpora
ion in its consolidated statement,
rhich included the earnings of sub
idiary companies owned 80 per cent or
more, reported for the six months
nded July 1, 1922, net operating
rofits of $2,01S,377,37 after deducting
ii charges and reserves for Federal in
ONE and other taxes, After allowing
or payment of dividends on the pre-
erred stock, the above earnings are
t the annual rate of $1593 on the
5o6,S34 shares of common stock out
landing in the hands of the public.
New-York tribune., 1922-08-18
(.,oca-C,oIa Net Tncreases

The Coca-Cola Company for the
uarter ended June 80. 1929, reported
net income of s2,755, ,e25 after ex-
enses and interest, equivalent after
referred dividends to s5.16 a share
armed on the 100000 shares Of COM
ion stock of no par value. This COM
ares with net income of S965,f15, or
l.5s a share in the first quarter, and
|, t,170,315, or s1.99 a share in the cor
period Of 1891.
New-York tribune., 1922-08-18
Consolidated Cigar

The report of the Consolidated
igar Corporation for the six months
nded June 80, 1922, showed net profits
$451 ,436, compared with $l72,340, an
acrease of s279,096, or 100 per cent
lore than the corresponding period of
e2I. The new management took
barge Of the property about the first
January this year and reported net
arnirgs of $4,000 for the quarter
nded March 81, and S33s,00o for the
uarter ended June 80.
New-York tribune., 1922-08-18
New York Telephone Preferred

Question--Am a woman with q small
Income and no one to advise me. Have
$1,000 70 invest. What would you con-
slider the safest thing to put 1t into that
would bring in the iargeHt dividends p
M. II. p.
Answer-We recommend the pur-
chase Of ten shares of New York Tele-
phone 61a per cent stock, selling re-
Gently around 10T.
New-York tribune., 1922-08-18
london Market Steady

LONDON, Aug. IT,. Trading was
quiet and prices were STEADY on Ins
Stock Exchange to-day. Bar goia Nss
quoted at s2s Id; money was ioansa
at Ia per cent. Discount rates weas; aI
Short and three-months bills, 2z1&'zS
per cent. j.
Con OILS for money were quotee q
5Sss, SSritish per cent loan at igyn
and British as per cent lcatn AZ 80
Closing stock quotations we're:
New-York tribune., 1922-08-18
aris Market Firm

PARIS, Aug. 17.-Prices were firm %
the Bourse to-day. Three per esns'
rentes, So francs rs centimes. EA'
change on London, 56 francs sS CEN
times. Five per cent loan, 20 francs
80 centimes, The dollar was quoted -
IL francs 65h centimes.
New-York tribune., 1922-08-18
Days Ne,U Issues

Barr Brothers s. Co. are Offering, to
yield 4.s0 per cent, new issue of
$4,000 Village Of Johnson City, N. j.,
AK per cent public Improvement
bonds, due 1923-1932.
r. M. Grant & Co. are Offering, to
yield per cent, 100000 Seattle,
Wash, 6 per cent municipal light and
power bonds, due 1927-1942.
New-York tribune., 1922-08-18
Investment
Information

Questions of geaeYu1 iassvesf TO fss
pestors scilf be nassreysd III this COT
Ef'ins sm sckseh edae osslv initials wiii
be used. Others sci,i be asassoeyed by
faais Addyess all inquiries, iacfos-
tsag o stamped, addressed envelope, to
fffdscial Editor, The Tribune, lsS
Ndssaa Street. Neso York City.
New-York tribune., 1922-08-18

number of years the bond has to run be-
fore maturity For example, IL a per
cent bond Is selling at 80 and has ten
years to run, the annual return will be 8.s6
per cent. The difference between par and
the market price will be 10 points, sub
tracing 90 from 100. Dividing 10 points
by ten years the quotation Will be l. This
figure Is to be added to $685. which is the
annual return, and the result, 1855 per
cent, will give you the approximate yield.
New-York tribune., 1922-08-18
WICK SIP Sci
list Is 1895
co


To figure the precise yield on q bond 1t
Is necessary 70 use yield tables. but the
approximate yield can roughly be- figured
out Big the following formula: Divide the
OF ths annual return. II tho bond La aeliing
oeiow pas you must allow also for the
subtract the market quotation fram nar
or loo, and divide the remainder By the
New-York tribune., 1922-08-18
Bid and Asked

following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions Yesterday:
New-York tribune., 1922-08-18
The Dollar i'm Foreign Exchange
tcontlnuea fsom preceding page,

IC0fiS1Hueu fSuhf pxetedanE paGeE
URUGUAY (par 1os.42 cents a peso,
Checks .....l.s. ssi.50 S1,25 s475
VENEZUELA (par 1913 cents u boilyar1
Checks ........ 1881 1881 1885
Canadian Exchange--Ncw York funds In
Montreal 5-S2 per cent premium; Montreal
funds in New York S-ss per cent discount.
New-York tribune., 1922-08-18

Four full colunsns OF in
cesfBsent questions and an.
sscers iUiII be published irs
The Tribune epery SUNDAY
and Monday. On other days
one full colunss acilI appear.
New-York tribune., 1922-08-18

Htatt:al - :: 4; 81 q
New-York tribune., 1922-08-18
N Orl & N ]

IN OTI & IN ~
ref G. imp
" 9 1859
3 49,. SAX
10 -. 85
Q 49,. 81
N 0rl Ter As
1863
i 30
N o T g. Mex
5s 1895
4 .... 74k
2 $50. TAN
/ -. IA
The evening world., 1922-10-26
A DASH FOR LIBERTY.

saw a boy about ten run out Of the
Police Court In West Eighth Street.
Coney Island. dash across the street
into a lot. jump UP on the platform
Of an ice depot and disappear. all In
less time than II takes TO tell. Then n
man came running out OF the court,
followed by ten or fifteen more, and
they all made for the ice depot. There
somebody spied the boy under the ice
building. and stern-voiced minions OF the
law ordered him to come out. But he
iIdnt bulge. a policeman ripped up
several plauks, but to no avail. At last
a thin man managed to crawl under the
building far enough to get hold of the
lad. and dragged him out. and he was
taken back to court. "A burly policeman
having hold on one arm and large
court attendant the other. Just as though
he were a dangerous criminal. The poor
kid had about ten minutes liberty and
a lot of excitement think he never
will forget. Harry Cubbidge, No. 1857
Coney Island Avenue
The evening world., 1922-10-26
LOST WITH THE ROLLS.

To-day at 1921 Street and Third Ave-
nue., Bronx, l saw a woman with bag
probably containing buns or rolls and
she acted so queerly decided to watch.
she stood stil awhile, looking about,
then walked a block and looked about
again. ! saw her speak to a hoy, but
he shook his head and walked on She
walked another block and chen looked
around again and thought I'd give her
4 chance to speak to me. She asked me-:
Young man. do you know any one by
the name of Bidman?" I was thinking
when suddenly | heard n "Yoo hoo" and
much waving from a window across the
street. The mysterious woman's face
lit up and she explained. before she
hurried across the street, that she was
visiting and went on a small errand 10
the storc-and got lust!-HOmer w.
Cheesman. No. HAS l25th street, Wood
haven, l.. |.
The evening world., 1922-10-26
Young MIR. OLDMAN.

A man who was, I thought. about
ffty-hye years Of age stepped brislily
up to the bench upon which l was sit
ting with another lady in Central Park
this morning and greeted her in 4 voice
that rang with youth and the joy OF
living. After they had talked IA few
moments she said she had n Compli-
ment for him--that friend had said
he carried his age well. DO YOU know
how old 7 am?" he asked. She ad-
mitted she did not. but hazarded a
guess at sixty-hve. felt sorry for him
at having his age placed nearly ten
years more than | Judged him to be-
bat l saw his eyes twinkle in amusc-
ment. SO held my ICacc. I'm eighty
four" he said, laughing like a school
boy. and when he left us il was with
a schoolboy's sprightlT step. - Mrs.
Harry S. Willis, No. l3S West 9th
Street.
The evening world., 1922-10-26
BOOM

Nearing Sandy Hook on n fishing trtr
heard IA "Boom!" and saw a she'll
strike the water about a mile ahead.
Then another BOOM! and l saw
shell strike about half a mile ahead.
All hands We're wondering what would
happen to us II a shell struck the boat
and just as we were over the water
where the shells had fallen We heard
another BOOM The engine hatch
and floor on which We stood shlvercd
and shook, ana so did we, for we were
sure We had been struck. Then some
one laughed, and raising III" hatch we
saw the engine and boat covered with
beans. We had placed a can Of beans
on the exhaust pipe to heat for lunch
and as there was no hole in the can.
becoming too hot. the can cXplolod.-
John f. Goetz. No. 220 Fisk Avenue,
Westerleigh
The evening world., 1922-10-26
THE DOLL.

Near me in the Penn station, as
was waiting for train, was an old Po-
lish woman and her two year-old grand
daughter. The child spoke good English
and had good manners, and her sweet
ness attracted as much attention as the
quaintness OF her dress. She smiled
brightly and made friends with every
one, but especially with two little girls
who sat with their mother beside her.
The Polish child fell over head and ears
in love with two little Dutch dolls the
children's mother had just bought for
the other girls. and presently one OF the
latter whispered to her mother. and n
visit was made TO the newsstand and
egslmlar doll was bought for the Polish
girl. Her rapture was beyond all de-
scription. She kissed her hand to every
one In sight when her grandmother ed
her TO their train.--Mrs. Lulu Gibson,
No. 3 Ellis Avenue. Long Branch. n. ].
The evening world., 1922-10-26
BRASS

The mother of two little boys of about
two and four years of age was the only
person on the Lexington Avenue sub
way car on which / was riding during
the rush hour last evening who was not
ANNOYED by their bitter weeping. What
the little ones grievance was l do not
know: perhaps 1t was lack of attention
by the mother. Anyway. she was deep
in the pages OF book entitled Brass. "
The efforts of young girl to quiet the
children by showing them the funny
sheet of newspaper were unavailing.
It didn't seem as though that woman
needed TO be told anything about
Brass. ."-Florence Dowaer, No. SO2
Washington Avenue, Brooklyn. %
The evening world., 1922-10-26
An INVITATION.

My husband was writing ani il
seemed TO me laboriously. When
asked him what he was doing he said.
with rather obvious nonchalance: oh
just inviting the BIS TO dinner"
wasn't particularly anxious about hav-
ing them to dinner, but said nothing.
and th" next morning | was glad, for
tn" Iostmau brought me a letter from
my husband. all written backward
and | saw that it had to be held TO a
mirror to be read. II invited me 10
dinner and the theatre.-Mrs Alice
Wolff No. 1895 President Street.
The evening world., 1922-10-26
ARTISTS NIUST LIVE.

A man came into an art and wool
store at Southern Boulevard and Free
man Street to-day. and ! saw he had n
large canvas painting OF the Hudson
River at West Point. He said he was
an artist In need Of money and would
sacrifice his masterpiece for S17. Every
one admired his painting. but none Of
fered to buy. and Mt last the artist said
~ suppose II asked 50 for this picture
you would hesitate" The storekeeper
reached In his pocket. extracted So and
held them toward the artist. I expected
TO see him Indignantly turn away. but
instead he pOcketed the SO and went out
whistling. Maybe he atel--Lillian Lin
der, No. 1880 Bryant Avenue.
The evening world., 1922-10-26
ONE CoMMUTER'S DAILY EYE
OPENER.

It has been my daily pleasure as
commuter on the New York Centrals
Hudson Division to drink in the beauties
of the Palisades as | come cityward
each morning. The view is superb after
me train leaves Spuyten Duyvil. Some
new attraction is always being revealed.
This morning | noticed for the !lrst
time thS Clcar-Cu; features Of an
Egvptian showing clearly ON the face
OF the mighty mass Of rock Just north
.uf Greystunc station Tho Egyptians
lace had every appearance OF having
been carved there uy the hand % "A
master. and, indeed, It was carved 10y
a Maser-W. J. Junnc!l No. lo3 East
The evening world., 1922-10-26
FHELINGHUYsEN MEETS a WET.

MEETS WET,
When Senator FreHH0huyScr, the
Republicans dry candidate IN Jersey,
pent through tho SchDGrtsenbach-
Huber Compdnv'S STIR mills IN West
HobokoH OF Wednesday, shaking
hands toith the employees, ono Of
the girls, toho CHANGED to be cash
ing her hGnds as no approached, Of
Icred him her hand, dripping t0tth
,odter. The Senator OIpped u tOith-
out batting an eye. AJtertOdrd the
girl explained to friends that she
toGs too pOHte TO tell the vtsitor that
she favored the candidacy Of Coz.
EdWdrds, his toet opponent, $50 !
handed him the cet hand. will
lam n. HesSner, No. 5R2 Smith
Street, Wsst HObokoH, ". J.
The evening world., 1922-10-26
BROOKLYN.
REAL SPORT,

toiShtd d tCero a kid again at
O'Clock last night trhen at Broddody
and Battery Place sdW a group Of
small boys, evidently from nearby
tenements, tohose only toy tods AT
old roller skate. The skate toGs q
tDidoper, hdvin0 lost ITS mate, yet
those Riddles pere happy IN playing
tcith Il. Each IN turn fastened VI to
one Of his feet and the others pulled
him along the smooth Placement
doUn IN the financial district, shout
ing '0ith laughter. .-EdUH John
Meade, No. SJI Prospect Avenue,
Brooklyn.
The evening world., 1922-10-26
a RAD PENNY.

My little li-year-old neighbor is
conundrum shark and every day he
visits US to learn new ones. The other
day he was told the old whceze about
how the animals were enabled TO set
to the circus. the cat because II owned
four paws. the goose because II had a
bill, the frog because It had "A green
back, and the lamb because It had four
quarters. The poor skunk was excluded
because It had only II scent, and a had
one at that. ln telling the story to his
mother the little fellow got along nicely
until he reached the skunk. That anti
NAL. he explained. couldn't get into
the circus because all he had was a
rotten peuny."--u NJ f., No. 433 Main
Street, TCrriugton, Conn.
The evening world., 1922-10-26

On the south side OF Washington
quare. between West Broadway and
thompson Street. saw to-day on an
rass plate with this inscription: Me
loIail Tree. Alan Seeger, Foreign
legion. Born June 20, 1855 died July
1916. Planted by the Writer'S Club.
lay l6, 1921. Registered American For
stry Association. Washington. ID. c."
directly opposite. ON the building at No.
! Washington Square. Is another plate
Rating that "Alan Seeger lived in this
ouse. l9ll-1912. Fallen for France,
July 4, 1916" James j. Barnes, No. SGS
east 23d Street.
The evening world., 1922-10-26
QUEENS.
NAMES ANn PLACES.

While coming up some addresses for
parcel post rates to-day I saw the fol-
lowing names Of villages and towns:
Independence, Ia; Disappointment Col. ;
Success, Ark. Venus, Fla; Crackerbox.
Mont; Promise City, la; Freedom Pa;
Hope, Mimi; Love Point. Md; Good
luck. Ky; Hurricane, Ala; Blood KY.
Defiance, Mich, | wonder. If one were
to visit these places, what legend and
story would b" told in each place Of
how they got their name. also saw
that nearly every state has three or
four towns with girls names.---Verow-
ma Ernst 40. s George Street, Jamaica,
l., /.
The evening world., 1922-10-26
THB sTnAp.

i've in Corona, 1. J., and have two
boys. 4ged five and six and one-hali
years. as full Of liie"aud as wild as
any boys Of their age. To-day tacy'
went out to play. one wearing n brown
sweater and one blue sweater. Later
looking out the window, | saw Brown
;weater standing erect on top OF the
high wooden fence of the public school
sending up a parachute, which Blue
sweater would catch on the ground be-
low. Fearing the ono on the fence
would fall, / called to them. Both
looked at me, but both went on with
their play. ! insist on obedience from
my boys. so ] got o strap and started
out for them, but hadn't gone far be-
fore ! saw the two we're not my boy
n an. but two others OF abou. the
same size who happened TO have brown
and blue srcators.-Ntrs, A. Saynes,
No IS 4't. stree, C..oUn. l.. /,
The evening world., 1922-10-26
FIRST GLASS IN CHEMISTRY.

! showed some samples OF tale TO a
man employed by the Staten Island
Chemical Company. He said the sam
pie contained sinners" which he
could feel by rubbing a small portion in
his hand. Not having magnifylng
glass and not being able to feel them
myself was at a loss as 10 what 10
say. when he arose. drew a glassful OF
ter from the cooler and rubbed some
Of the tale on one side OF the glass. !
looked through from the other side and
saw the tale magnihed several times.
/ also saw the SINNERS. Ralph X.
Jefferson, No. l2s Beuzigor Avenue, 81.
George, :. J.
The evening world., 1922-10-26
by FALSE PRETENsE.

On Cumberland street near Greene
Avenue ! saw two four-year-old boys,
each holding a penny In his hand and
both bawling out their woe to an unre-
generate and unsympathetic world Da-
vid and Buster told me, after giving me
their names, that two stranger kids OF
their own age had offered them a penny
each for n ride on their vclocipedes. II
seemed a good way to earn that sub.
stantlal sum. so the bargain was made
But the strangers rode off and did not
return. ID. lie Roy-Horton, No. 32C
Cumberland Street, Brooklyn.
The evening world., 1922-10-26
DEER IN THE skYscRAPEa.

MAN stolid saked into the Adams
"A Broadway and. with much
he had been in the depths the Maine down
his shoulder small the
The clothing him
woosman His sudden in the crowd
that the corridors big building
his burden double
many pairs
OF He acted indeed bringing into
But
this Of
the animal with intensity that
deer close time
creature of the Wild surrounded by
civilization fascinated the onlookers and
their until he and his ncongruous charge
the eleyator--Pau Field. No Broadway.
The evening world., 1922-10-26
HAVING THE LAW ON HIN.

As the smoke rose from the burning
hOof OF horse to whose foot | was
adjusting a shoe In my blacksmith
shop, a siX-ycar-old boy who had been
watching me intcrcstedly from the door
way suddenly disappeared Ten min
utcs later nn officer came hurrynE IN
and asked II ! was burning W "A
horss. was puzzled for a moment
until ! thought Of the burning hooi.
The chiG had gone TO the police station
IA told the Chief | was burning up "a
horse. Frank II. Noght. No. 80 MN
Street, Beacon, y. !.
The evening world., 1922-10-26
BETTER TO BE EARLY THAN
LATE.

A girl friend and ! spent some time
phoning one another and preparing to
go to the Post Office Square Clubs ball
and entertainment az Masonic Temple
Brooklyn, tickets for which were given
me some time ago by my postman
brother. We met at the De Kalb Ave-
nue. subway station and went to the
Temple last Thursday night. only to be
informed there that tho affair was for
Oct. &c. A week was too long TO wait
In the temple. so We went TO our homes
after laughing until we were on the
verge OF hysterics.--Mrs. T.. Lundqueen.
No. 527 47th Street, Brooklyn.