davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-11-25
Union Oil Go. Dividend
In Shell Union Stock

Union Oil Company Of Delaware di-
reetors have voted to declare d fir t
dividend in dissolution in the form Of
one and d half shares Of non-par com
mon stock of the Shell Union Oil Cor
poration for each one share Of Union
Oil. This dividend will be payable De
cember 22 to stockholders Of Union Oil
of record December a, 1922. Transfer
books will be closed from December "a
until December 2s, 1922.
This dividend represents the distri-
button of the bulk Of the as cts Of the
Union Oil Company of Delaware, and
will probably be followed at some sub.
sequent date by small final dividend
representing the proceeds of the re-
mainder OF the company's assets.
New-York tribune., 1922-11-25
Good. but Not Gi,t-Edgs

opinion relative to Central Leather s per
cent bonds, due 1882 Are these bonds
strictly Glass A, aud 10 you believe that
the price OF 9s5 u is about correct7 Kindly
also inform me as 10 your opinion relative
20 Central Vermont ss 1890. at ssA--shat
~ 10 cay, are these bonds strictly Glass A
Answer-If you hold that Glass A.
and "gilt edge" are synonymous terms
our answer is that the Central Leather
IS and Central Vermant SIS do not meas
ure up to your standard They are,
however, good investments.
New-York tribune., 1922-11-25
May Use Part of Capital

Question: seek your advice an
sixty-ftve years OF age-retired from bust
heS5-no dependents or family except my
wife OF sixty Besides nay country house,
own, with my wife, the following list
% securities; 200 shares American Tele-
phone and Telegraph stock; SO shares
American Sugar preferred: so shares Bos-
ton EieVated common; 80 shares Amer!-
Gan .sai,, Bosch Magnetic common; 40 shares
southern California Edison per cent
preferred; 20 shsres North American pre-
erred; $4,000 New York Central deben-
turs 6s: $4,000 Liberty bonds s23, 900 good
Fenae4e mortgages; $4,000 rentabte real
estate: $4,000 net balance with my
broker, OF this last item l desire to In
vest $40 600 and seek your advice par
ndsbt edness Is real estate mortgage OF
$4,000 which II Is my intention now to
pay have leaning away from bonds
owing to their possibly increasing my in
eome tax and to the generally email
yitld need all the inlome that / can
get to live comfortably. So far l have
night now be suitable TO use a small
portion each year as additional income
and to have this in mind in making the
prest at investment. l should especially
IKE TO know how you regard the North
American Company preferred stock. Also
4 preferable TO exchange a portion of
he American Telephone and Telegraph for
& lesser yielding security and use a por~
lion OF the latter to make up the DIFF
ference, In income required. continue
With the American Telephone and Tele-
ent soHdity.-J. T.. D.
Answer-The amount you have in
vested in American Telephone and
Telegraph is out of proportion to the
size of your investment as whole, and
We believe that some part Of the 200
shares might we'll be exchanged. Since
you are prone to avoid bonds on ac-
count Of the tax feasure and the lower
return, we feel that in selecting stocks
you should avoid any but good pre-
ferred issues and the highest grade
common stocks. North American pre-
ferred is suitable. We suggest that
you consider for your $4,000 and the
proceeds from the sale OF part of the
American Telephone stock, National
Lead preferred, Endicott-J ohnson pre-
ferred, New York Telephone preferred
and Westinghouse preferred or com.
mon. The Boston Elevated common
does not impress us as the kind OF
stock for you to hold, General Elec-
tric special" stock of $40 par value
selling between 10 and II and paying
8 per cent, would be good substitute
New-York tribune., 1922-11-25
DAYS NesO Issues

Arnes, Enerich & Co. have purchased
and will offer next week an issue OF
$500. 900 Bedford Pulp and Paper Com
pany frst mortgage twenty-year sink
ing fund bonds.
George B. Gibbons q Co, Inc, are
offering, to yield 4i5 per cent, new
issue of 100000 City Of Port Jervis,
N. Y, An per cent school bonds, due
1930-'69,
New-York tribune., 1922-11-25
DIVIDEND NOTICES


TEXAS GULF SULPHUR COMPANY,
A quarterly distribution Of sl25 per
share has been de Jared by tho Board
OF directors payable On December Is, 1$22.
20 stockhosders OF record at the close OF
business on December 1. la2a
stockholders will be advised later as to
wnat portion of said distribution 10 from
Dep elton.
An extra distribution of rs cen.s per
share has also been declared by the Board
OF directors. payable from Reserve for
Depiet!on ON December Is. 1922. to stock
noiders OF record at the close Of business
on December /, 1 90
II. r. j. KNoBIocH. rrssaurar
New-York tribune., 1922-11-25
Delay I. R IT. Receivership Suit

OohtlnentaI Securlties Compsny's sp-
plication for the appointment OF re-
ceiver FOR the Interborough Rapid
Transit Company because Of threat
ened default in payment of interest,
which has been pending long time in
the Federal District Court, was further
adjourned yesterday by Judge Julius
M. Mayer until January rs next. This
postponement was taken with the con-
sent of al the parties interested in the
litigation, and with view to allow the
organization committees to complete
.helr work.
New-York tribune., 1922-11-25

Of the annual return. II she bond is selling
below par you must allow also for the
pb 5btrect the N marKet M quotations from m par' @
or 100 and divide the remainder by the
number OF years the BOND has to run be-
fore maturity. For example, II per
cent bond Is selling at 80 and mas sen
years to run the annual r-surn will be SIS
per cent. The difference between par and
the market price Will be 10 points, SUBJ
tracing 80 from 100. Dividing 10 points
by ten years. the quotient will be /. This
hgure 10 to be added to 6.6s. which Is the
annual return, and the result 1856 per
cent. WIZ give you the approximate Yield
New-York tribune., 1922-11-25

GEtTI lJAh &Lts& ltN tEAisG
3CkS AND r NDs
BY ADRIAN Fl. MULLER & soS,
OFFICE, So WILL v STREET.
WEDNESDAY, NOVEMBER 90. 1924.
II 12- o o'eIoeR. - .de
EXCHANGE SALESRoOMS,
NOS. IL and Is shsEI STREET.
For Account OF Whom II May Concern;
3406, ,00o Atlanta. Birmingham & Atlantic F!
1st Refdg.. Series a 6on4s
Temporary CTS.
zoo shs Taylor Wharton Iron sSss'
5000 shs. Insurance Exchange Ruildirs
1900 shs. Aican OIL Corpn.
25.o19 shs. Pathe Freres Phonograph c..
connC II.
sss shs: Paths Freres Phonograph q.
p.efd.
$50 shs. Pathe Freres Phonogrspa G..
so Detentufe
s.626 shs, Pathe Freres Phonogagh O.
common.
500 shs ! abe Freres PhOnogrspA CT.
SO Debentu-e.
15o ms. PatAe Freres Phonogrsps c.
so Debe ntuG 6.
$4,000 Buffalo Lase Erie Traction Co Is
e. Refdg. go Bonds Ctr. Of D posA
500 shs. Union OIL Co. Ctf Of psi
%o, coo shs. New York Graphite Co. Ltd
s6,42S.70 Notes Of New York Graphlte Ca1
Ltd.
so shs. Empire Cotton OF Co. prsft.
$4,000 Second Avenue R r LIST consld
Mtg. . 20 Bonds Gifts Of Depodt.
$50 shs: Astoria Mahogany Co.. Inc.
Right. title and interest in 2.ets shs
Astoria Mahogany Co, inc
1000 shs. Union OIL Co. prefde CT q
1000 shs. Union on Co. pretd.. CT. q
Deposit.
$4,000 co cea09sFd 9. coPy Paa?Ss Ns..s 1879 !av'
$4,000 New York Stamford r. n. iE
so shs' Ms coisrnBis Il BRnds molar lss' truck s4
$50 shs. WaIworth Manufacturing c.
common
80 shs Dosch Chemical Co. preft.
rs shs. Dosch Chemical Co commns
t0o shs. Dayton Coal, Iron Ry pFsie
100 shs Underwood Computing aa.
chine Co common.
AZ shs. Gavin-Al mour Steel corpa
20 shs. Gavin-Armour Steel corpn
27 shs. Forco, Inc.
$50 shs. Tyson & Co, prefd.
500 shs. El Triunfo Consolidated Nh
1o4 ehs. as New york Fur Auction salss
200 ehs Railways Speciality Co.
1ob.46T shs. Calavada Copper co.
$4,000 Mexican Coal & Coke Co. s'aa'a
so sas. s. Aluminum Ware ManutscsE
ing Co. prefd.
IS shs. ALUMINIUM Ware Manufssisss
ing Co. com on.
100 shs. Booth Fis heries pretd
500 shs. AutcrnotiTs Directories Sc'ga.
ii shs. National Nassau Bank n isl 1s
e5 sh,. National Nassau Bank 10 as'
100 shs. Cuban Dominican Sugar ~
pretd.
SO shs Subway Central Service e.
$50 shs. Felk American Potato Favs
Co. common.
30 shs. Edg, mere Crest.
1900 shs. Pittsburgh OH Refining eo'ee
rs shs. Manhattan Mortgage CO. e0u-
mon. ii
shs. Mauhattan Mortgages Co. pref
80 1s-1oo shs. Manhattan Mortgage g, =
sS shs. Madison Tire Rubber g
$4,000 Brooklyn Ferry Co Isl eos.a
Mtg. sc Bends. CT. OF Dep0ssssf ~
81 236 Ttepok Realty CO., Inc. Aes GO
sc Series 81 Bond.
100 shs. Nat onal Drug stores csas ssS
100 shs. National Drug stores ps's 3.
$4,000 shs. Peopies Collateral Pieoss
ciety prefd. q.
$500 shs. Peoples Collateral Pledse
ciety common. .sps
<4s shs. Metropolitan sewips Mac
pm.
200 shs. Pacific Coast Co. common, ,,.,s
15 shs. Chatham & Phenix MAJ
New-York tribune., 1922-11-25
Investment
Information

Qnesticas of general Interest TO IN
eesters tesu be unsgersd en- shis ccs-
arsa. iR fehtch case oaig Initials miis
bo Ased. Others sriH be ans~sved bs
rail. .fddrsss all iagalr4es, sncios-
Tag ssamrsd, addressed envsfope. 10
Efnaneiat Editor, The TfSbane, iSs
Ncssau Street. Seso York City.
New-York tribune., 1922-11-25
consolidated Machine Tooy

Question--will sou please advise ma as
. the safety of purchasing three shares
stock at 500 a share Nv. ii.
Answer--The Consolidated Machine
Tool Corporation was incorporated in
June, 1929, for the purpose of acquir-
ing the plants and equipment of six
mtchinery or tool companies. You are
better able to judge for your elf
whether you can afford to assume the
risk attepdent to furnishing capital to q
uew organization. We do not consider
she capital stock of this company en-
titled to an investment rating, although
the new corporation has been showing
steady increases in earnings recently
New-York tribune., 1922-11-25
b. & vi. 10 lssue Bonds

WASHINGTON, Nov. 2A.-The Bos-
ton & Maine Railroad received Inter-
state Commerce Commission authority
today to issue s%,oo0.o0o In 8 per cent
refunding mortgage bonds to be used
in paying maturing indebtedness
against some Of its subsidiary corpora
tions.
New-York tribune., 1922-11-25
London Market Irrea,,la,.

LONDON. Nov. 24.-Trading was quiet
and prices moved irregularly on the Stock
Exchange to-day. Bar gold wa. quoted
at 9ls ga; money was loaned at ,1% per
cent, Discoun rates were: Short ana
hree-rnonth bills. 24Q2h per cent
Consols for money We're quoted at 5sZ.
sritish :, per cent loan at 99A and British
Closing stock quotations were:
New-York tribune., 1922-11-25
PROPOSALS

the Bureau OF Supplies and Accounts
Navy Department. Washington, d. c.,
until ~ O'CLOCK 8. m, December s. 1924
valves, mineral lard oil. calcium carbi lie
and concentrated We TO the navy supply
aepot. so. Brooklyn, N. Y. etc. Apply fol
proposais TO the Navy Purchasing Once
sew orks n. Y, or to the 8ureau of Sup.
piies and Accounts. DAVID POTTER
rAyMaster General of the Navy. lI-1S-22
New-York tribune., 1922-11-25
Paris Market Quiet

PARIS, Nov. 24.-Trading was quiet
on the Bourse to-day. Three per cent
rentes, So francs 20 centimes; ex-
change on London, SO francs s. CEN
times; S per cent loan, rs francs. The
dollar was quoted at 13 francs SO CEN
times.
New-York tribune., 1922-11-25
sFunded lst Pr 2d Pr. Com. Total
Year. Debt. Stock. Stock Stock Cap.
----------Millions OF Dollars--------r
1914. S279,8 e47,s $3.50 S112.4 s456, I
1879. 1858 ATS 1870 1874 532 l
80 -- '------ - - -
Inc.... 27T I2eo

'Includ!ng securities OF leased lines
whose earnings are included In the Erie
Income account.
Erie occupies the position Of weak
road unable to finance its capital needs
except THROUGH tie issue o. eunded oh.
legations. During the last decade the
funded debt has increased by approx
mately $7o,000,O00 and now aggregates
some Ct per cent of total capitali-
zat'on.
Between 1912 and 1922 the operated
to 2,309 miles, or 2 per cent.
Estimated Property Value
The estimated valve nf The com
pany's property Is $403, 3,00O0 900, or "a
per cent less than total capitalization.
Assuming theoretical retirement OF
funded debit and leased line securities
at par, there would remain no equity
whatever for the common and second
preferred stocks in property value and
not quite 500 a share for the first pre-
fer~od stock
The company, however, possesses g
most valuable asset in its ownership
Of laree produc r~ coal mes in tho
anthracite and bituminous districts OF
Pennsylvania. 1t was the income from
these mines that enabled Erie, in 1921,
to meet it's fixed charges for the year
without incurring deficit, and the
same will have to hold true f., o
current year II the company is to
break even. While no official state
ment has been made regarding the
actual value of these mines, an esti
mate Of $50,000,000 would very likely
be within reason. If this sum were
added to the estimated property value,
as above set forth, there would be
sufficient additional equity TO pay off
che second preferred stock 1T par and
leave approximately $50 share for
the common.
New-York tribune., 1922-11-25
Bid and Asked

Following are the Closing bid ard
asked quotations OF stocks listed on
the Stock Exchange In which there
wcre no transactions yesterday:
New-York tribune., 1922-11-25
BANK sTATEMENra
REPORT or THE coNn1.r,1,s, -
FRANK SAKSER STATr ~ :,

FRANK sAKSER STATE r. s1ssss gss
,a,.,ss g the close ,ao5 g business on the Is A
RESOURCES.
specie ..s.s.. ...s......
Othef currency autho. ,sd NJ *. $ssM
laws Of the United Sfafes eas
Due fro approved reserve a.. ieobw
positaries, less Offsets "s'
Due from other banks trusf 49,, 5l5fsfs
panies and bankers 0o'fs-
Stock and bond invest. ''''s lssSetG
ments, viz.
Public securities. sfsoo.,,
Private securities. -. ! 06ii %
Loans, discounts and bills - 2sssssn
chased chased not secured by CO.. col.
Other assets. viz: '''''',. it6m
Aeefued "'g'' inssrast saa 4a'0[ss res n'a''.ss
tered on books at
close of business on
Ade1gsd sgoeS qsss. is'ereat no, S'sssiI
entered on hooRe AZ
close Of business on
~'''' '"'e''''-.'. 5ss.7
Other sssets. ssssM
Total .s................ .,.--
LIABILITIES. '''s''sa
DdI pIuHs NNPfsoW&
Surplus fund ....... $50 non "a
Undivided profits. 24ess2
Deposits: siHse
Not preferred. as
follows:
monSy orders awaiting
transmission abroad gss9tss
Money o ders awaiting
refund .......... Saf A
Deposits wtthdra wahls
only on presentation
of pasE-books .. III s5ess
Prepai d steamship
tickets. ....-...... 1 gsss
Due trust companies
banks and bankers 74ofgts
Extend total deposits,
Rediscounts. viz: 1saSIsts
Loans secured by obii~
gationa OF United
States ........
Other liabilities, viz : @ssM
Reserves for ta1es.
expenses. etc .... sf4a1,n
Accrued interest en-.
tered on books At
close Of business on
above date. s. s5,s.
Accrued interest not
entered on books At
close Of business on
above date. ssss,
Other liabilities s.... fs53ss
i;siih
1oe&l sfs4Taii
New-York tribune., 1922-11-25
FINANCIAL MEETINGS

The Ar rRuai Meeting OF the sto khoIdere
q the RoGERs ATT sHRIIeAc CON-
IANY will be. held on Tuesday, Decemhar
bth. 1922. at 2:so p M, at the Office Of
Taxk city. - :"
New-York tribune., 1922-11-25
Railroads Earning Power
No. 38--Erie

(Wo present in thc subioined article
the thirty y-eigkth Of q seriea of forty
daily discussions Of che present oarnimg
poiocr of the lcadino American steam,
railroads. AZ the request Of The Trib-
anc, these studies icero undertaken bg
the Standard Statistics Company, Inc,
Of Nsw York, ,oh.eh has prepared the
papers and 10 securing copyright for
them in fss2. The thirtysnintb article
With The Rsadima Company.-Financial
Ed.tor.l
New-York tribune., 1922-11-25

Four full columns Of in.
resfmeisf questions and en-
sroers s0iH be published in
The Tribune euery Sunday
and Monaoy. o. other days
one full column sUiIl appear.
New-York tribune., 1922-11-25
REPORT OF THE CONDITION oy
HEDMAN, HORNBORG r m

private bankers at the close Ct bus,ps,, =.
tho 18TH day Of November 1923 %
RESOURCES
Stock and bond investments. viz.
Pu,nseo Pupgc secor,I.Ts oi,r.,s .....,.... ssss@
Accounts receivable ....... ~ ~ y
Due fr m foreign banks -s#
and bankers ....... 50 4g5sE
Due from trust com
panies, banks and
bankers not Included
in preceding items,.. fs.52sz3
s,o,. ,s,Hiu
Other currency authorized by the
laws of the United States. t.ftw
Foreign currency ..,... Tssss
Other assets, viz
Accrued interest not
en- cred on books az
close OF business on
above date ...-.... sE4s
LIABILITIES
Permanent capital ..,........,s ,see sosss
surplus ...-.......,,..,... lsssi.s
Deposits:
Funds held awaiting
transmission abroad sss45
Bills payable, including indebted
ness for money borrowed repre-
sented by notes Ger r.lacates ot
deposit or otherwise. ........... zel5sl
Total ....-..............tie e95zas
New-York tribune., 1922-11-25

Alas Juneau. :. IN ~
Alb & Gus. .lT0 -
All Am Cable. IL -
Alleg West. .100h -
An Realty :. II
Al Chain pr 94h s5 \
Anal Sugar. E. 81
Am Ag Oh pr 90 el
Am Bnk Note AZ 80
| do pr $50. 54h IS
Am Beet s pr. IS 80
Am Bosch NJ. 331s 341
.tB 8 g. F pr.lo III
A C & F w.l22E 1874
Am Chicle e.. 5% 61
do pr ..... "a
Am Coal -. 85 -
Am La Franco l1h lla
Am Loco pr. lie l21
Am Malt & @ u 1
Am Metals. =. 46A 47
Am Rad'a pr.1lS 125
A s & 4 pr. .I00A 1ol
do pr A. .1olA i02
Am Snuff ...14o 142
do pr 800. o8 l03
Am st Fly pr. .l041s loo
Am Sum r pr 571a SO
Am Tel g. C. SIX SO
A To pr new.105 I0s
do B .I45 1471
Am w Wks. 2sM 90
do Z pc pr. IS 89s
Am Wh pr. 81 81
Am Wool pr. l6'h III
Am Wr Pa Or 27 2s
Am z & L.. l4h l5
| do pr ..... 4S 49A
Ann Arhor =. 10 Is
do pr ..... 81 34
AT Metals. :. "a 15L
Assets RI Co. ! II
A D G 1st pr 90 ss
do I'd pr. SO 80
AT d S r pr 80 81
Atlantic Fruit. 15s g
Atlantic Pet. 90 25
Atlantic Ref. 1900 1850
DO pr .....1lS ll3
Atlas Powder. l55 157
do pr 49,. 90 SO
Atlas Tack :. l6k II
Aus Mich pr. s4ia s6
Auot Sales Co 3A AZ
do pr 80. II 1871
Bs d Loco pr.il7 lI8h
Barnet Lea. a. 48
do pr ,.... 90
Batopilas M. y y
Bayuk Bros. :. 80 IS
do pr .....1l2 I16
Beech Creek. =. 81 Al
Beechnut P yr.I09
Beth Steel :. 61h 63
dc pr ..... 93ts Sc
do 8 pc pr. 1oS I10
Br Emp st.. 9M IL
do lst pr. 651s 81
do I'd pr. 26i5 27
Brown Shoe. =. Sc so
do pr $50. eS 100
Brunswick, 2A s
Buff R & P. s2A II
DO pr .... 90 9T
Buff 4 sus. 751h IS
do pr ..... 81
Bush Term. :. 100
do pr $50, 81 s91a
Cal Pet pr. sot% s1%
Cal & Aiz. 537. 81
Can Southern. 81 So
Carson Hill. -. 8 Z
Case j / pr. 30 80
Case Plow :. 8 q
Certain ist pr - s411
C 9 p II s. O TAN 1871
do pr .....lo0 lo6
C c c & s L 10 7s
do pr 80. 90
C1 t. pitts.. SO Tlh
C'rett Pea. =. 81 6lh
do pr LOO I02
G 4 g LIST pr 90 6S
do I'd Pr. So 90
Col Graph pr 10 loh
Com Sol A.. Atm &s1l
DO 3 ...... 80 Is
Con Cigar pr 50 seh
Con Gas Bait. - lie
Coat Can pY.ioS lleA
Cont Yns CO. 80 90
c p a Il rr.i20 I224s
Crex Carpet. =. 27 50
Cru steel pr. 81 elh
Deere Co pr. II rs
Dat n s. sw. CT
Det Mack ;. 25
do pr ..... 40
Dst Tn RR.. 70
D'amord NJ. .l20
d $ S q a.. aE So
GO pr ..... AZ AZ
Durham Hos. az
do pr $3.50. 73M SO
East Kod pr.
Elkhom C pr. 40 -
EN- Brant pr 27 80
Erie Sd pr. IL iS
Fr!e & Pitts. SO e2
Fa'rbanks -. IL IS
Fed NJ & s. 10 II
do pr 80. so 50v
Fla B Oh pr 94 95
Gasfon WINS. u Il
Gen Baking pr.lil
Con Cigar :. 7s1s so
do pr .....l0th il0
do pr deb. l03 lo4A
Giliiiand o DR. - SIS
Goodrich pr. 80 50
CRANKY NJ :. 22M "a
Gray Davis. 10 Ii
Greene C c. 2Sts "a
Guam. Sug pr. 80 90
@ NJ & N pr. Al al
HabirshLw El. l% tx
Hack Wat ;. II
do pr ..... IS
Hartman Corp. 81 50
Helme G w. los
do Or 49,. ia
Hendce Mfg =. 10 II
III Cen pr W i.lllh ia
Indian Ref. -. TA 8
do Dr. ..... 6S -a
Int r. T W / 81 2l1S
New-York tribune., 1922-11-25
ss--Erie Railroad


Erie has made brave struggle fo~
q good many years laboring under q
heavy burden of funded debt. If the
company had not been blessed with
an exceptionally able management IL
10 doubtful If 1t could have survived
the vic ssitudes Of the yea interven-
ing since it's last reorganization in
1885 The company has reached posi-
tion where few years Of prosperity
would go long way toward placing
1t firmly on its feet, but on the other
hand it Is not strong enough TO stand
up against many such knocks as it has
rece we'd this year.
The underlying divisional bonds ap-
pear to be we'll protected in any event,
but the Junior mortgages must be
classed among the speculative issues.
The various stocks are of course
highly speculative in character. Below
will be found briefly recorded re-
view and outlook with tabular matter
to accompany it.
Growth Of Capitalization and Mileage
New-York tribune., 1922-11-25
DIV DEND NOTICES
'E OF ovpe

OFFICE OF ,.ozps
LOCKWOOD. GREENE & CO. MASsuA'ss
Bos ten, Mass tas
The quarterly dividend of lAN ~ s,ls
Preferred Stcck of International Selae3n sass
has been declared pay able De; enaesf * ia
at the office OF the Transfer Agents, g. To-
Colony Trust Company. Boston Ma q s scsi. 4
stockholders of record az the close "
ness Move mher "a. 1922,
INTERNATIONAL. COTTON NILS, Mli-.iss,s
S Harold Greene. RrssiuS.s~.
THE BUCKEYE PIPE LINE coApAsa Z
20 Brosdw ay. ,asa
New York Novt 'nber ISLE, ~ bns
special dividend OF $3.50 pef siles sss this
been declared on the CAPITAL STOCK .ass tc
Company, payable DecenfSr ~. iS.ssrsss
stockholders of record at the close o. 01s''
November 2sth. 1928. ..o,sry.
INDIANA PIPE LlNE coMPANS
rs Broadway. - soas
New York. November ies ..ara nsk
A special dividend OF sse.eo per sta.s 50 ~ fhis
been declared on the capital Stoch, aes 10
Company, PAYABLE December Ses ~ Sasss
stockholders OF record at the close y
Mesa Deeember /, 1929 a...,ssg 8
New-York tribune., 1922-11-25
Wilson c,

To hgure the precise yield on a bond II
Is necessary to use yield tables. but tho
approximate Yield can roughly be figured
out by the following formula. Divide tho
closing quotation on bond into the rate
New-York tribune., 1922-11-25

sEstn1atea. decrease.
Er e's 1922 nat income has been
seriously affected by the coal strike
with further complications arising
from the shopmen's strike. During
were very satisfactory and promised
New-York tribune., 1922-11-25
Days Dealings i'm Bonds

8 ....foaRI az Is fsss
! ...lssh lSs,. ] -. %
Rep OF Colom 2 -. ss
sMs 1897 SWISS Con. 8
10 -. 49, tsso
Rep ~ Cuba 3 .,..fsst
IS 1904 4 s..slie
1915 has 1929
New-York tribune., 1922-11-25

"Year ended Juns 80. fEstimeted
New-York tribune., 1922-11-25
FINANCIAL

HENRY J. LEAKE Auctsouseg
REGULAR AUCTION SALE
3CES AND r SDS
By ADRIAN I'll. MULLER & son,
OFFICE, 50 WILLLtM STREET.
WEDNESDAY, EGVEaTBER 90. 1923,
New-York tribune., 1922-11-25
Transactions Yesterday i'm Listed Stocks
Continued from preceding page

. r~ siv's-rs. . Vs. .~.~.
Omaha daily bee., 1922-06-04

Hale R. Bixby. who has been asso-
ciated with Omaha's automobile row
for several years past. has taken
charge OF retail sales for the Omaha
branch of the Lee Tire and Rubber
company.
Bixby will have charge of all mat
tiers pertaining to selling the retail
trade through the established dealer
channels.
The appointment was made ef-
feeti' June !.
Omaha daily bee., 1922-06-04
"Creat Tire Year"
Is Prediction
Manufacturer Expects 1922
to Be Banner Year in
Sales.

In a recent statement 10 his or
ganization. Mr.. Mason has made
some startling predictions regard
ing the tire industry for 1922,
This will be one OF the greatest
tire years the industry has ever
known for those companies who are
in position 10 meet the public de-
mand for a tire OF value. long lie
and reasonable price.
While many estimate this years
production OF tires 10 be larger than
last years. few realize the tremen.
dous sales impetus that many OF
the good tire companies are expert
encing at this time.
Those companies which have ad-
hercd 10 a constructive sales policy
are finding that profits and volume
are mounting In most pleasing way
and our own company, the iirst
three months. has shown net earn
ings. alter depreciation and interest,
amounting to a great deal more
than in any previous quarter in our
history.
"Cnfilled orders on hand at the
plant at the present time are larger
than at any time in our history and
for the next few months our sales
will be limited only by the number
OF tires which we can deliver.
I'VE find everywhere dealers Gag
er TO tic up with standardized lines
on which they can depend and on
which the public can depend.