davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-10-24

fWs pYesent in the su5;oined articrd
tAe strth of d series of forfy dnisb
discsss;oms Of the present sarning posUer
Of the feadimg American steam Yuitroads.
AZ fAe vequcst Of The Tribune these
stadiss sesrs anisrtdkcn bs the Stand
6yd Statistics Company. mo. of Nsto
York. sehich has prepared the papsts
ead secured copyright for thers IN
1929. The seventh criticize will appear
to-snoyroto and wiil deal scith Illinois
Central Financial Editor.
New Orleans, Texas 81 Mexics is one
OF the most promising of the younger
railroad companies. During the sever,
years that il has been operating as an
independent property it has shown a
very satisfactory growth The main
line extends westward from New Or
leans for distance Of TAO miles to
Brownsville, Tex, whore connection is
made with the National Railways Of
Mexico. The lines traverse the very
rich agricultural and lumber district
fronting on the Gulf of Mexico. Being
the shortest route from the Mexican
border into New Orleans, the road
receives good deal Of traffic from
other lines not SO fayorably located in
this respect. Its physical connection
with the Mexican Railway ought in
time to become very valuable
The first mortgage bonds Of the COM
pany are we'll secured short time
investment. The non-mortgage, nom
cumulative income bonds win compare
favorably with good preferred stock.
And while the common stock cannot
as yet be termed q seasoned dividend
payer, the prospect for its becoming
such appears to be excellent. The
principal facts in support of these con-
clusions are briefly set forth below.
Growth of Capitalization
New-York tribune., 1922-10-24
Mast Await Receivers Report

Gsnestion--wsifl sou isndsy ndvfse ms IL
laere - anything | cen do IN this cAxns
Toe sh@res of Pennsylvania Gasoline 81,
ths curb at So share About one year
after pepght 1t they tooa the 100 slaares
troTu nas ard save me ten shares instead
What ! want 10 anaw ss this: il tfere
sacf ca& pany rs the Pannsylvania Gaso-
line. or la the certificate. + hold auss
New-York tribune., 1922-10-24
Four full columns Of in
vestn,ent questions and an.
sscers sOill be published in
The Tribune eUery Sunday
and Monday. On other days
osss full column ,ciU appear.
Country Produce

Butter-Receipts vera s.2sa packages
Creamery higher than extras. lb., 47@
47'sc; extras o. score. 4Shc; frsts, $50
45Ac; seconds. s5h 037c; lower grades. "a
WStc; centralized cars. 90 score, loc;- 50
score, 3sa @3sc: ss score. 37ik case; s5 to
81 score, IS ts @sfc: unsaited. higher than
extras. 4sh @4s!sc; extras, s3 score. 47h
04sc: frsts, 80 @4shc: seconds. s6ls q ssc;
lower grades. a6 036c: held or storage,
high scoring. 44@441sc; extras sa@4sMe:
arstss 37A % 42c; seconds, S51s q a7c; state
dairy tubs. finest. 45@a6c; good to prime,
ao0 44c; common to fair. 32@3sc: ladies,
asaAc; seconds. soM q SIC: lower srades.
IS @ 30csT packing. stock, current make No
! sIs; No. q. 2sh @ soc; lower grades,
York state fiats, June specials, '. Is. asx@
hats fresh speeiai s5aossMMea:o aosx averaae ssase
@2b 4 os single Daisies a5is925sc:Y Young a
America. 25A @2ec. 80
Eggs Receipts were 7,147 cases. Frssh
ga.hersa sI..a {. = extra extras. dozen. $50 sac; extra
a!r,lss % So sses4a aos sgsas so Eggs, ans g
poorer. COG a4cs checks, poor to choice.
q a.s is@sas; ss resrissrator, extra aTsts.
SshaTses paid TO expiring dates. 30p22c:s
nrsfH. = 12c: seconds and poorer 2aR
ssAc: refrigerator checKR. local Gambling.
$50 i9c; refrigerator whites. nearby ssS5
sc; Pacific Coast. 32G42c; other Western
sogs ssc; refsiserator oil immersion process,
nearly . whites. so@bac; paciac Coast
mixed. 81 "a $50; fresh New Jersey hen
nery whites. uncand.ed sxtras. Sc a soc;
neaTey hsnnery whites. extras. local
@sanaisd. @ 9oe; nearby and nearby western
hennery whites. average extras, 82as5c:
sxtra nrsts, 77@sec; frsts. sSGa75c; near
$50 7Se; under grades B2nsSc. n1lI}e.
eggs. b0sst; Pacific Coast whites extras.
s2 Mssct extra sssrsta. 7e q sac; firsts. 70 a
other Western and Southern catbersa
whites. 4sG6se. nearby and nearby west
ern hennery browns. IS g7Ic
Pctatoes Jersey cobbiers. sack, s1.s66p
si,s5, giants. si,ao@si45 Long island.
ssso ssg s09sasg ~ aeb lbs saasg
New-York tribune., 1922-10-24
Answer--Illinois Traction Company
Chicago & Alton Default

ouestion-AThe last coupon from the Chi
cago & Alton refunding 3s. 1s49. has been
returned, because the road is in the hands
Of receivers. In the spring Of 1921. when
purchased. the bond you said that it was
good bond for those who were tough
minded. am therefore: prepared for this
omission OF payment WIN you please tell
ought to take7 The bond is ;ni selling si,, some
prefer to hold unless the reorganizat ton
is TO take several years. When payments .S ;nts
payment was withheId?--D. II. M.
Answer--We doubt whether there is
any one among the former manage
ment of the Chicago & Alton Rail-
road who has any definite idea Of how
long the receivership will last. Ger
tainly we do not know, and we are un-
willing to speculate on an early re-
organisation or to advise any one to
do so. Reorganizations are uncer-
tain things. This one may take year
or it may be deferred for FIVE years.
New-York tribune., 1922-10-24
Not an Investment Yet

Question--Please may again com. "a
you for advice? Would you consider Mis-
sourl sourl Pacific preferred a good buy? l
know II is not now paying diyidends, but
road Is earning more than enough 10
pay the regular per cent dividend and
that IN few. years 1t probably will pay
something like 22 per cent II ali this
IS true 1t would look like pretty good
investment u at Its present pr,ce--Miss A.
Answcr-An interest in Missouri
Pacific preferred involves speculation
upon the probability of events oc-
curing that you suggest as likely. AL
though recent earnings of the company
have. been satisfactory, we see moth
Ing in the last earning record of the
company to warrant Classifying this
stock as an Investment.
New-York tribune., 1922-10-24

Questions OF general interest 20 In
vestors ,cill be nnsUered h, fkts col.
umn, In which case only ,initaals aciu
be used. Others u,iI be answeyed BY
mail. Address oil inquiries, inclos-4
ing stamped, addressed envslope, to
Financial Editor, The Tribute, lS1
Nassau Street, NetD York CITY,
New-York tribune., 1922-10-24


*Es,imated.
Earnings for 1929 are estimated,
these estimates being based on the
gross and net taken In connection with
actual earnings to date of latest
monthly report. Daring the short pc
riod OF It's existence the company has
developed very satisfactory earning
power, which promises we'll for the
future.
Dividend Record
The company made its initial divi-
dend payment Of l a per cent for the
quarterly period ended November 80,
1920. Since then regular annual
rate of per cent has been main
tanned.
Margin Of Safety
In the following table are shown the
margins of safety above interest and
dividend payments. These margins are
figured on the basis Of the percentage
that earnings available for interest and
dividends would have to decline in or
der barely to cover interest and divi-
dend requirements. If, for example,
total income in 1921 had been 80 per
cent less, just sufficient would have
been earned to cover fixed charges and
the 6 per cent dividend paid. II total
income had been lower by So per cent
cnly fixed charges would have been
covered, leaving nothing earned on the
stock.
The minus sign opposite the number
II in the fixed charge column against
the year 1919 indicates that total in
come IN that year would have had to
increase II per cent in order fully to
cover fixed charges. The deficit in that
wear. however, was due more or less to
arbitrary charges against income for
transactions arising out of Federal
control.
New-York tribune., 1922-10-24
Babcock & Wilcox

Question--would you kindly advise II
North American Oil and Refining is Eood
Il pay divdendsc What equipment has 1t
got? DO you think Bahcock g. Wilcox 4
good investment at s1.20 share7-G $.
Answer-North American Oil and Re-
filming Corporation owns and operates
420 tank cars. The refinaries are To-
Gated as follows: Pemeta, Okla, 5000
barrels, and Rosedale, Kans, 1000 bar
of this company, which we regard as
hazardous speculation. The history
of Babcock g. Wilcox Co... which in
cludes dividend record Of more than
twenty years, leads US to. regard its
stock as desirable investment, With
no funded debt, surplus of $1l ,000, 900
as of December 81, 1921, and current
assets of $22,000,000 as against cur
rent liabilities of about $1,000, 200, the
company is in strong cash position.
q Hydraulic Steel Outlook
Question--Beings a daily reader of your
interesting and valuable column, would
Information regarding Hydraulic steel
sla share and am disappointed at the
course it has taken. Is this company In
good financial shape. and is there any
reason for the decline of it's stock to Its
present figure :--J. H. v. 8.
AnswerThe earnings of ,the Hy-
draulic Steel Company for the year
ended June SO, 1921, resulted In an
operating loss Of $3s3,9o1, which, with
loss taken on inventory of $1,600.O00,
brought the total deficit up to $685.
col, as against surplus for the pre-
ceding year of s1,170,1S2 Dividends
we're suspended on the, preferred stock
after payment of Ia per cent March
81, 1921. Dividends Of IS were paid
on the common stock during 1920, but
| Eone since. A balance sheet of the
company does not reveal a, cash posi-
1 ton that warrants dividend payments
and the decline in price Of the COM
pany's shares seemingly reflects the
| condition Of It's business
New-York tribune., 1922-10-24
I0ns1n1, Metal lM Market

spot. eS2 12s Sd futures, eGS gs ~ s.s
Electrolytic. spot, $40 5s: fukufes, ~
I6s. Tin. spot, 217S Gs Sd; futussss -
ETA 6s. Lead spot, a26 10s; futa futnazsS ~.
R2a 16s. Zinc, spot, eS6 AS 81; fususse
New-York tribune., 1922-10-24

Potato@s--Jersey cobb,ers sa~s, asca
SL66, giants. sl.4o@s145; Long Island
$50 lbs. s2.so0s7.so: Jeb lbs. ss'assS
$3.50: 90 ihs. S2.e6 $3.50; sveets. Jersey.
bHk., Sec @$l.26. Eastern states bit. iii ss
gsi.76; Delaware and Maryiaud, bsk.s %
New-York tribune., 1922-10-24
Railroads Earning Power
No. 6-New Orleans, Texas & Mexico

Assuming the theoretical retirement
III the funded debt at par, there would
be left al, equity for the common
stock equivalent to $105 share.
Growth Of Revenues
Gross Net after Total
Year revenue taxes Inc.
sigIs. S5s. tot. 900 $7,S0o,nc0 $12,bo0.00o
s79ea.... l5o,6e0.0e0 s5. soo.0o8 a2,3o0, ,o0o
------------s
Inc. f~s) 1861 22sss 1897
New-York tribune., 1922-10-24

.nstimated.. tNo dividends paid in these
years.
New-York tribune., 1922-10-24
Foreign Bonds
Equipment Bonds

touoted on income percentages basis)
New-York tribune., 1922-10-24
SELLS cents a share.
bonds

s;s:s ; ssss ssEo'sitss GR;s sss Fs|s use II;
New-York tribune., 1922-10-24
The Commercial Services of the Bank Of the
Manhattan Company for 113 Years

TO supply building materials to
= meet the demand Of country
expanding with such strides as the
United States, the development Of
our great lumber industry became
matter Of necessity.
fortunately timber was plentiful
50 that once project was adeggsfely
financed lumber was produced in
great quantities. Today the value
of lumber and timber produced in
New-York tribune., 1922-10-24

Diudlsss
Gsosos McNns
Ax1uu9 q Ns7n
Jon G. AaooRs
CzAazas = Porrs
6Aasuxt sloAx
JAasn erssz
CAst 2. esuasA,as
GxcRos ssasaSassR
New-York tribune., 1922-10-24

Dirstsr,
J. e. AlpaED
STEPHEN BAKER
B. H. BORDEN
MICHAEL FRiEDsAsa
WALTEK JENNINGS
RAYMOND 3. JoNEs
G. HowLAND LEAvlTr
HENRY K. McHAso
New-York tribune., 1922-10-24

this country annually approximates
a billion dollars.
During the ra3 years Of financial
activity, the Bank Of the Manhattan
Company has served many enter
prises that have vitality affected the
growth Of the country. Today its
service combines the experience Of
those years with complete facilities
Tor modern industrial and CONNER
cial banking.
New Britain herald., 1922-11-17

tions than they endured during the revolutions.
 In the Siberian district the indebt- edness of the government to the teachers for salaries has reached the sum of over sb,oO0. 100000 rubles says a recent report to the district Soviet. This Is n mere fraction of the total amount due to instructors in sal aries In some districts teacher. have not been paid for many months and the officials have even ceased tc keep account of the arrears.
 The lot of Russian school teachers has been hard one. In the villages they have been somewhat better cared for than in the cites because the peasants have taxed themselves to contribute to the necessary ex- penses; have themselves cut wood for tho school fuel, and have repaired many school houses. Tn the cities the schools have been left to government a! care. As a result of these condi- lions many teachers are turning to ether means of earning a living.
 The plan of the Communists for a free and unified school system is hav- Ing hard sledding Decree after de- cree has been passed forbidding the collection Of fees from parents for their children's education. but local school authorities from time to time make assessments" upon parents for the various expenses involved in maintaining the schools.
New Britain herald., 1922-11-17
s25 NEW MEMBERS
Membership Drive for New Britain Chapter, Amreican Red Cross, Will Continue Until Thanksgiving.

Over one-half Of the desired num- Der of people have renewed their membership or have become new members in the New Britain chapter of the American Red Cross, accord ing to report made this morning by Leon A. Sprague, treasurer of the association. When the annual roll call opened on Armistice Day the To- cal chapter decided that at least 1,20O members would be required 10 carry on the work of the organization for the coming year
 Up to this morning 625 renewed or new memberships had been received. Of this amount about 450 have come through the mail, the others being received by the girl solicitors on the streets and in the Hobbies of the banks. The drive will continue in New Britain until Thanksgiving day, but it is expected that the quota of 1,200 members will be enrolled before that time.
New Britain herald., 1922-11-17
Far West Girls Objecting
 To Region Discrimination

Seattle, Nov. 17.-university of Washington co-eds as reported by Dorothy Durant. one of the fastest girl sprinters on the campus; kath- erine Brown. champion girl swimmer of the Pacific northwest and others have called attention to the fact that women of the far west were not chosen to represent the United States in the Olympic Games.
 Tn the recent Olympic Games practically every woman was from east of Chicago Miss Durant said. yet I have accurate figures to show that the girls of our own locaiity made better marks
New Britain herald., 1922-11-17
OFFICIALS PLEASED

Turkish Note to Allies is Well Re.
 ceived-Curzon Arrives in Paris for Conference.
 Paris, Nov. 17 (By the Associated Press)-Viscount Curzon. the British foreign minister Is expected to ar- rive at Paris at 9:40 o'clock this eve ming but will not see Premier Poin- care until tomorrow when he has an appointment at lunch with the prem fer. Conversations will probably be continued in the afternoon. It now seems certain that the two statesmen will journey to Lausanne together to attend the conference on Near East affairs.
 Though the meeting place has not been arranged definitely, an inter- view will take place Sunday morn- ing between Premiers Poincare and Mussolini and Viscount Curzon. Ter. ritet has again been mentioned as the probable place of their meeting.
 The Turkish note to the allies was received in Paris today. Officials were pleased with its conciliatory tone.
New Britain herald., 1922-11-17
SUIT OVER MONUMENT.
Judge B. w. filling Reserves Decision
 in Ieehan ys. Tumilias Case.

Judge .. W. filling in the city court yesterday afternoon reserved decision in the case of John F. Meehan against Anne Tumilias, ct al, for s1s5 for monument placed over the grave of her deceased husband. Law yer Joseph G, Woods appeared for the plaintiff and Lawyer David l.. Nair for the defendant.
 The plaintiff alleges that the de- fendant entered into contract with him for monument, which he erect ed and set up in the cemetery. while the defendant claims that she thought she was at the Smith monument works. Although she entered into a contract with Mir. Meehah, the next day she cancelled the contract, she claims, and ordered one from the Smith company, which she now has, The lawyers in the case were ordered to submit briefs.
New Britain herald., 1922-11-17
City Items

 Three O'clock In the Morning, John Mccormick Victor Record. G6l0o. c. l., Pierce & Co.--advt.
 Memo corsets at Rothfeder's,- advt.
 The monthly meeting of Eddy. Glover post, American Legion. will be held this evening at o'clock. All members are urged 10 be present
 II Is requested that returns of the tickets for the drawing Of Ford Sedan be made at the Daughters of Isabella meeting Monday night. Nov. 20, at 434 Main St.-advt.
 Large coats for large women at Besse- -Lelands. s.-edvt.
 victrolas and Pianos, Henry Morans. --advt.
 Mrs. William Began of Lincoln court entertained at whist yesterday afternoon In honor of Mrs. Alexis F. Scott of Lincoln street The winners at whist were Mrs. John Gaffney and Mrs. Riley.
 Victor Nellie Kelly" at Morans'. --advt.
 Meet me at schn.srrs for dinner.-- advt
New Britain herald., 1922-11-17
Freed of Murdering Man
 By Setting Dogs on Him

Sacramento, Cal. Nov. f7,-Louis Bellardt and Mrs. Mabel Ross, ranch- CTS, charged with murdering lbro Bizo. a neighbor, by setting a pack of dogs on him. were found not guilty in superior court here yesterday
 Mrs. Ross said the dogs, which be- longed to her. had attacked Bizo while he was quarrelng with her. The dogs were killed by county au- thorities after Bizos body was found.
New Britain herald., 1922-11-17
Boston, Meeting Dec. 8-9
 To Give Business Aid

Washington. Nov. 1.-The second of series of regional conferences under direction of the U. s. bureau of education designed to acquaint the public school teaching corps with business methods and conditions was announced today by the bureau to Dc held in Boston. December and Q, Announcement also was made that later conference probably would be held in New York.
New Britain herald., 1922-11-17
JAPAN TRIES RADIO.
Stations Are Now Broadcasting News, Stock Exchange Prices and Music.

Tokio. Nov, 1.-The first radio phone trial in Japan has been held Lefore. the representatives of the To- lro press. One company has been granted permission by the govern ment to carry on this work in the same way as the radio stations fin the United States and a regular daily program of broadcasting news wealth. CT reports. stock exchange prices and music has been started. The De- rartment of Communication has re- faxed iHs former censureship.
 A local company represents several American radio companies and small factories are engaged in making sending and receiving sets. Osaka will be the next city 10 establish a station, and by January 1, 1t is hoped to have twelve sets installed in the larger cities of the empire.
New Britain herald., 1922-11-17
FOREIGNERS FALL OFF.

Yokohama, Nov. l7.-There are 7S26 foreign residents fin Yokohama, according to a census taken by the municipal authorities. Of these 4s71 are Chinese. l047 Britishers, 562 Americans, 407 Russians. PAT Ger mans, iS3 French and so Swiss, with 8 few each of almost every other na- tionality. This is decrease of 22S over last year.
New Britain herald., 1922-11-17
Lausanne Conference
 Will Be Biz One

London. Nov. IT tBy Associated Press) ,--lf the size Of the British delegation may be taken as cri- terion Lausanne will be the largest and perhaps the most important con- ference since Versailles It is be- dleved Lord Curzon. foreign secretary. who heads the delegation will be sup ported by retinue of at least 50 persons.
New Britain herald., 1922-11-17
THREE R's THAT RUIN GIRLS,
"Rides, Reels and Rum Are De
 scribed as Curse.

New York. Nov. l7.-"Rides. reels and rum are the three chief causes Of the downfall of young girls, and the newest of these Is rum," Vincent T. Pisarra, superintendent of the So ciety for Prevention of Cruelty to Children, declared in an address on modern lures.
 "The hip pocket flask has become a national menace to American girl hood" continued Pisarra. "Liauor and generally bad liquor at that. is held out as a lure. Many, a great many girls who in other years would
New Britain herald., 1922-11-17
Far East Republic
 Now Joins With Russia

Berlin, Nov. IT Q5y Associated Press). - A Russian telegraph agency message from Chlta is quoted in Moscow dispatch to the socialist Red Flag to the effect that the gov ern;nent of the Far Eastern republic has unanimously decided to dissolve that republic and make it part of soviet Russia. The message declares a revolutionary board of seven mem- bers has been established.
New Britain herald., 1922-11-17
GRO1TO CEREMONIAL
Annual Fall Exemplification for Bene- fit of New Candidates Will Take Place Next Wednesday.

The fall ceremonial of Aziz Grotto will be held at Turner hall, Wednes- day evening, November 22. The bus mess meetings will be at 7:30 o'clock and ceremonial at S:30 o'clock. A large class of candidates will be initi- ated at this time.
 The exemplification of the work by the cast, which is known as par ex- cellence, should insure full attendance Prophet Noah Lucas. the director of the cast. will do everything in his power to make things sizzle to the delight of all present. The cast has
New Britain herald., 1922-11-17
BURNS; !'!:::,,, !!:;; vi, :,,;: ;,, ,:;: :..: vIG:Ik$;Ss $;Ss
 Ops' v Million Jars Used Yso,lv

at all timesaassured the prophets pres ent that they are to be recognized as one Of the best outfits in New Eng land.
 ceremonial on the 22d and the carnival from November o4th to 29th lat Grotto hall, should insure all phophets of q very pleasant holiday program.
New Britain herald., 1922-11-17
Half of Insane Inmates
 Arc Victims of Alcohol

Trenton. N. J., Nov i7.--rifty per cent of the patients now received at the New Jersey state hospital for the Insane are victims of alcohol, accord ing to Dr. II. A, cutton, medical director Of the institution Before prohibition, declares pr, cutton, 20 per cent. of alcoholics was the high mark among patients of the asylum.
New Britain herald., 1922-11-17

not have tasted liquor now think 1t Is smart thing 10 drink. The young man who carries a flask on his hip Is the popular fellow and is much sought for. The success of his party Is assured"
New Britain herald., 1922-11-17

vention Of the national association Of secretaries Of state. In addition to state seeretnrics. those in attendance included state auditors. state treas urers and heads of statte motor ye- hlele departments.
New Britain herald., 1922-11-17
SATURDAY SPECIALS 0ur Own Make Rreakfasf

SAIUNDA1 SfEIIALS Our Own Make Breakfast Sausage, BOG ID. Imported Swiss Cheese, 60c lb. nported Roqucfort Cheese, 75c ID. Hato Salad,
 1Sc lb. Chken Salad,
 {5c ID. Eneh Walnut Meats.
 5c lb. Bake Beans,
 lc lb. Rcgur Saturday Spt
 Ic Coffee,
 & lb.
New Britain herald., 1922-11-17
HOOKED N>FoOD SHOP .'Af Sta MAyN CT
iis MAIN ST.

This Shop Is becoming morf popular every day. Our stock of Cooked Food, etc., is so vari. ed that you can plan an entire meal without worry on you part. Get the habit of trading here.
New Britain herald., 1922-11-17
Ab,ut the Store

Olive
 Dill Icl;les.
 Russin 6ardines. : Cold Heats, All Kinds. Imncsed Rolled Herring. ImpoHd Bismark Herring. Elixakth Park Canned Goods. Our On Make Mayonnaise in bulk Oobel Shoulders and Cottage Ha,ns.
New Britain herald., 1922-11-17
STATE SECRETARIES MEET.

Frankfort, Ky. Nov, 11.--State of ficials from many sections of the United States were here today for the opening session of the two day con
New Britain herald., 1922-11-17
HICKEr SPECIAL

Tonrrow for our weekly spe. cial wfwill have Roast Stuffed Chicke average } to 3H lbs.
 SIcial at $1.50 Each.
New Britain herald., 1922-11-17
SCHOOL CONDITIONS 5.
 LITTLE IMPROVED
Children In Russia stars the Year
 With Slim Prospects of Bet-
tern,ent.

Moscow. Nov. IT, Russian chill dren have started new school year with little prospect of better condi-