davidaulloa/AmericanStories huggingface dataset:
The Missouri herald., 1922-12-08
REMEMBER YOUR OWN INTERESTS.

Another Christmas is at hand, and already many of
people scanning the list OF possible gifts AS our Gus
tom each again ask to consider the claims OF the
home merchant and the advantages to be derived from trading
with him. Consider the plight of Germany in this connection
That country prostrae because no longer has wealth Its
gold being to other countries to satisfy claims that must
be If follow the that is being forced Ger
many and spend money outside of community,
will be taking long step the direction of local prostra
tion fairly good condition now, but will remain
so only long keep in circulation at home
You will find the home merchants advertised in the
home paper and they will be worth the prices asked Con-
slider your interests well his by keeping
where you may see it again.
The Missouri herald., 1922-12-08
-OOO-

The really free is the who not afraid
fuse do what everybody else doing and then may
prompted only by contrariness
The Missouri herald., 1922-12-08

1t will not bring joy to any to realize that there
will be another income tax payment before Christmas
The Missouri herald., 1922-12-08

Taking the word "obey" out of the marriage ritual
would be in line with repeating of the laws that
observed.
The Missouri herald., 1922-12-08

Since each individual his ideas of what con-
sutes living wage, there does be
of agreement that phase of the industrial problem
The Missouri herald., 1922-12-08

Force of will may help make headway, but stub
bornness will doubtless be impedment
The Missouri herald., 1922-12-08

When has acquired considerable property he be-
gins to wonder why the poor better contented
New-York tribune., 1922-12-10
nen,nds on Financial Position

cuesfion-At present am not dependent
on Income from investments. Under thsi
circumstance would you aal,ff n. ~ ~
my 100 shares preferred stock " Virginia.
carolina Chemical Company when ht
present are not psying any dit'ecnns' sno
put the money In some tret-cihaf pre-
in that cAge take ny loss on the NltHlnlh-
Carolina stock Or would you aotife iNe
10 hold on 20 the virginia Carolina STOCK
tas 7 do not need the divi1endsl- Win tn'
I expectation that she company would in q
/ reasonable time. say r year of two COM
fnence 20 pay the preferred niNuenua
again because % increased ousinets -
". y. ?.
Answer-This Is tne kind of question
that vexes great numbers Of investors
| with more or less severity. Many erst-
while strong companies have iOund
I themselves in a tight pinch during the
/ last two years and have still long
way 10 20 before dividends can be con-
I sidered How long is matter oI con
/ lecture. Men holding stocks that have
ceased to be dividend payers are dis
Z turbed. Some are driven 20 the point
I OF desperation! while others are 80 well
able 10 "sit tight" that they can 90
ahead about their business ignoring
( the lose Of principal on paper and the
actual loss Of income. We arc m no
position to state how long III VIII tbhe
! he Virginia Carolina Chemical Com
pany 20 recover 10 the point where div
I idends for the preferred stock can
again be considered. We doubt whether
Z the management itself has any very
definite idea. inasmuch as the com
pany's earning power is regulated by
4 factors on which there IS 30 much
doubt az present. II you can AFFORD to
carry along an improbable security for
an indefinite period. the thing for you
to do is 70 hold your Nirginia-Carolina
stock. But viewing the matter strictly
from the standpoint Of Investment val
ues, we will say without hesitation that
your position would be more secure
after the ssle Of this stock and the
I substitution therefor Of some sound,
+ stable. preferred OF common stock Of
[ tke better grade
New-York tribune., 1922-12-10
List Wen Diversified

ossstlon-Owing 20 90 heaiih. an com
peiied 10 retire from business ana lhust
now depend upon my returns rom inNs.s, s.'S
raents ] inciose you list Of bonds nc
mortgage, also dcbcnture stock, j hola,
and would ask you a. let me know or Any
changes you would suegesi also o"n q
fleco OF property which brlnFs me faif
return. ana i shall also have t25.oo 10 IN
vest on December J. Could you ADVISE NC
Of rood Investments 20 bring per eeht
reiurni The list titoe Chicafo. ROCK
Island -. 1885. ti.tc0 southern Pacibe -
1866. $1,000 Chicago, Milwaukee q ~
Paul 4s 1859; $4,000 United states Ruhber
g. faf7. $1,000 Baltimore Ohio -. 1879 b
~. 200 San Antonio q Aransnf Pass -
lsta. 81 600 STANDARD on % New York a.
1880. 81 600 Prudence bonds. per cent
sf 900 Title Guarantee Trust p per
cent niorfrare bonds. 81 300 Great northern
~ 1896. 81 geo Brooklyn Edison ts. 1893:
$1,000 Belgium 81. IsN. 5000 American
Telephone ana Telegraph convert ibic o.
1913. s. eco Consumers Power "a. 1870
s5.0e0 General Motors dfbenture .oee,
ti.oo New York Telephone fs. lfffi $1,000
NortbwesiFrn bcn Telephone r.. 1897 d
$500 United Kingdom ~ 1891 ~ oyg
r. Lofillard So. 1861. $1,000 Liegeit 4
Minneapolis 4 Omaha Il, itaoi 'i,epo Rock
Island. Arkanaas o h6uisiana ara 1915
81 900 Toledo Edison 70. 1871. tl.Qo9
Northern states PoweR g. 1871. $1,000
Zurich g. 1915. $1,000 Denmark So. 1895
ii,ee0 Nsw York Central as. tols; tl.oee
g. W Straus Ambassador Hotel So. fl.oot
Illinois steel ftfs. 1890 $1,000 Cheraptaks
va g.. isao; $1,000 Psnnsyivania n. isso.
g. O0e American Smelling and RchninE 81.
o47s 81. 900 New York Telephone g. 1891 !
1900 sheffield -slosson Farms eHe 1859;
$1,000 s W. straus General Motors .st
sl.fO1 Wcstinrhouse Electric 7F, 1885,
81 f0o AtchisOu. Topeka 4 Santa ~ g.
1895. 81 900 Jehigh Valley g.. co0li 81 900
Corn Products g. 1884. 81. 300 Second i.ib-
erfy t4A So 600 real estate 8 per cont trst
mort gare q 900 Bsfhfehcrn Steel ra 1872.
sf.ooo W Straus Roosevelt Apartment
70. $1,000 Canadian Northern 1s lgiot e
$4,000 Title Guarantee and Trust 81 per
cent mortgage bond. $1,000 Ncw York Cen
iral convertible 6s. lf1t.-T -
Answer-The Rock Island. Arkansas
& Louisiana 43ks are the only invest
nent on your list that commands at
teution at this time. This is 10 best
third grade railroad bond and we be-
lieve your financial condition demands
that you exchange IL for something Of
higher grade. Add the proceeds Of the
sale OF this bond 70 your $4,000 new
capital. We feel that your investment
is sufficiently well diversified as it
stands and believe, therefore, that the
new capital might well be invested
without increasing the number Of Sc
curities now held There is nothing
to be gained by carrying diversiiication
further. We suggest that you buy ad-
ditional units Of the following issues
now held: New York Central 6s, Ca
madam Northern 7s, Bethlehem Steel
IS. Corn Products IS, Atchison adjust
uent As, New York Telephone S.,
American Smelling IS, Pennsylvania IS,
Lorillerd IS. Brooklyn Edison S. and
Standard Oil Of New York 7s.
New-York tribune., 1922-12-10

has no other income. n return OF about
5h per cent would cover income take
and leave a net income ~ 5000 a
year. We suggest the following secgri-
ties. The bond 90 the principal amourt
of $1,000 each. the return quoted IN
percentage being tho current annual
return and not the yield 90 maturity;
Delaware e. Hudson 5izs. 1887, return
ing 5A per cent; Oregon Washington
Railroad & Navigation 4s, 1861. return
ing per cent: New York Central D.,
20i3, returning 80 per cent: Pcrc
Marquette %. 1855. returning 81 per
Der cent; Louisville z Nashville - @,
2OO3. returning 81 per cent; American
Sugar Refining GE, 1887, returning 58
per cent, General Electric 5s, 1889. re-
turning per cent; American Smelling
O.. 1887. returning 20 per cent, Cana
dian General Electric &C., 1912. return
ing 90 per cent; NcR York Edison 8iFs.
i94l, returning SO per cent; Pacific
Gas and Electric bs. 1912, returning 5.5
per cent; Cleveland Electric l.umi-
rating 5s, 1899, returning 81 per cent;
Pacific Telephone and Telegraph 5s,
1862. returning 55 per cent: Drqucsne
Light g.. 1919, returning 5S per cent
United Kingdom 5iss, 1897, returning
5.8 per cent; Bell Telephone Of Penn
sylvania Is, 1876. returning CA per
cent; forty shares Of New York Tcle-
phone Ga per cent preferred stock:
forty share u National Lead pre-
ferred; forty shares Of Western Elec-
tric preferred; 500 shares of General
Electric Special" stock Of $40 par
value, paying per cent, ard thirty
shares Of National Biscuit preferred.
New-York tribune., 1922-12-10

ANe lHNtHAOi Hi4haNAAs
There is no real exemption, but
simply a shifting Of part Of the tav
obligation from the bondholder 20 the
company issuing the bond. In order
10 obtain this rebate. for such II might
be termed. it is necessary for the bend
holder 20 file notice claiming the
benefit Of the credit. Bondholders car 4,
By applying 10 the trustees for any
particular bond issue. obtain the proper
blank for filing this notice.
There are only three municipal bonds
on the list you inclosed that yield more
than per cent After scrutin.zing
them We have arrived at the conclusion
thst they are second grade issues.
which arc not worth while accepting
for the additional income offered. They
lack. among other things. the desired
element Of narkctabilily. AT the others
arc entirely suitable. In addition 10
the urqueEtioned security Of the best
municipal bonds. tins class Of bond Ia
attractive from the standpoint Of tax
exemption Municipals and state bonds.
as you probably know, are exempt from
all state and Federal income taxos. a
great deal will be heard within the
New-York tribune., 1922-12-10
Tr.nseon,inental OIL

Cutsiinn--Yo1r kind adv.ce on The fol-
LOWING win greatly ohiire About fegr
months since J bought Too shares Of Trans
continental OF common 90 &fs par share.
.r sou are of c0vrer awarc. the stock ia
row selling no = llftlr over fll ANY ir-
formation or advice you Wni kindly give
.s to whether lf may bc adtieabio to seii
o. 10 bold this stock VIII boz much nppre-
riafed. fleasc undertnud that I do not
rsk tho above question with tho cTpecta o.
ion OF procuring n Zip on .fhe market
rom you / merely wish 10 ascertain ~
yoa consider the rforf % suitable holding
,or O. man IA moderate circunHtances.--
Whether or not you were
cWare Of the fact, you engaged IN "a
speculation when you bought Trans
continental Oil shares. Since no divi-
dsnds have ever been paid on the stock,
you could not have purchased II fo-
income purposes. Your hope Of profit,
therefore, must have been on oxDccta-
lion OF an advance In price. Unless
you could afford 10 assume the risks
involved you should have placed your
capital IN investment secuTities We
60 not consider the stock suitable for
O man Of moderate means. Whether
rou hold or sell st a Joss depends on
gouf financial position. You are a bet
ter judge Of that than VIC.
New-York tribune., 1922-12-10
none Too Secure for Widow

Cureflor--r would APPRECIATE your com
frfufH on The following I.st of fecnritiff.
-ao return from Uaich q wl1ogs cole
l1grc- - income. fily shares of chieaf2,
foo. Island a Pacific per cent preferred.
ffn Nfsr orleans Texas q Mexico pfr
rsnt. 1855 81 oen Chicaao q Alton = PCS
cent. 1850. $4,000 Kansas cry southern 3
rrr cent. 1850. $4,000 Missouri Pacific
20 cent 1858. nut g. f9e hudson Nan
haitian. Inc. per cent, lshl Could gpp
.IEgsu am changes ihai would tltld a
.arrff and morr ffcufe return i-h- a- l..
Answer-Therc is TO chance of your
rctting from this column suF-
gaft.on that will lead to iho exchange
III arv Of these FccIr.tics for others
Offering higher rate of return,
.ncr the Investment. BE- owned by q
ieow who probably cannot aan-a Go
take unusual risks. A. ihis investment
nop stands, 10 is vulnerable IN several
respects, more 80 than q widow in-
veftmcnt should be. The New Orleans.
Texas & Mexico income IS and the
Hudson 4 Manhattan adjustment in
come 5s ere really in tho nature Of
preferred stocks be- some respects. In
tcrcst IS paid oulF n earned. and if q
payment Is omitted the holder must
make the most Of b.. Both o. these
companies. however. arc earning their
interest charges by substantial mar
Gin. Although tho margin is greater
In tho case oj the New Orleans 5s.
the Hudson 4 Manhattan might seem
morc attractive, inasmuch as interest
is cumulative Although we believe
that these two bonds might be held
not without some risks when viewed
as long term invcstments-we do not
see how il would be possible 70 in
crease the return on this investment
as n whole without lowering the gen.
crai average OF security.
New-York tribune., 1922-12-10
Ienre Eric stoeks Alone

Ouss,ion-I have a small sum 90 money
., lntrss and would like 90 know " u
s.euia BE- .cla- 90 ilveff ln Erie Ra.l-re- D
.tola ( have been told Ar q friend 10 7
E-lo stock bays O. fairly hiFh amount ni
f.frr..f q. fh.r r1rrrrft Do sou thinf
r rana fuFrltneuf iiulir fufEftL 3D.
eo1G tsofrs where J rold b-i M sic
ID Yus d. nos lEira f rfft il lnNrH ll
fffa sioct 7 would appreciate t n you
l.sui4 FinuF susssff Hn~ .afe Nt'rl.
..sat. ru4 l4a1 reliable h4ntrf Nh'fi
fame can boz obfH.ncd.-o p. H'
Answer ~ you have a small sum Of
,aoney 10 iuves; steer clear Of tae Erie
stocks. Your friend statement about
8 ~sairly high rate Of interest Is mis-
leading, 20 say the icaet. The Erie
stocks receive no dividends ard they
have no immediate dividend prospects.
Wc suggest that you take some good
preferred stock, such az National Lead
: pcr cent preferred O.. Ncw York Tele-
phorc 81 per cent preferred. Any
broker would purchase these for you,
ard vou can select one from the adver-
iisins columns Of The Tribune with the
Insurance that 10 accepts advertising
only from those houses in whose In
tcgrity 10 has reason % believe.
New-York tribune., 1922-12-10
Yale 4 Torne Suitable

Qussuon-WlU You kindly Do ne have
what data rou cen about tie laf
Tnuus Manufacturing t.u pant af r0fnri. (.
their nssrf- ana liabilities, rtrninEf AMI
nnrf dividend record Thfy are consider.
Inr usvinr a Too per cont stock dividend
300 .fuu consider their Hfock q Eunh l1i o.
present price of coo l--c 81. 4.
Answer Liabilities, including capi-
,nl stock Of igs9s,77i, Of the Yale &
Tovne Manufacturing Company were
about se.oOo.OCO as Of December 81,
1921. and assets. exclusive Of patent
rights and trade marks. were si5,soo,-
900. Dividends paid since 1916 have
been as follows: 1917, 1918 and 1919
20 per cent: 1920. 22is per cent; 1921
and 1922. 20 per cent. Surplus after
dividend payments Tor the ar.-year
period i9i7-ie2l averaged SsJ0.00O a
~rar. Stockholders on November n,
1922 approved the proposed increase
III cau,tal from s6.000.0o0 10 $4,000.
900 and the reduction For par value o.
.rc shares from 800 10 s25. VI, can
nor say whether tho present market
,ricc % the shares is 90 adfauiagcou
nnc 20 make purchase RI or not' but
the stock is entitled 20 good invest
mcnt rating.
New-York tribune., 1922-12-10
New York Mortgage Comnnnx

Question--W Would appreciate pour advice
90 fo whether stock OF the NeW York
Mortgage 6owrany would b. considered =
good Investment An considering purchas-
iuc i've o. ten units. See circular ln-
ci0rsd---C o. ~
Answer -- The New York Mortgage
Company is one Of the newer compn-
mics operating in the real estate mort
gage field, and although a statement OF
July 10. 1922. indicates q small volume
II business has been conducted on n
profitable basis we think that the pro-
roscd business with larger capital
offers an investmenb that contains
enough Of an element Of speculation
10 regar' the shares Of this company
IS suitct only for an individual ac-
eustomed 20 assume business risks.
New-York tribune., 1922-12-10
Rnnds Yieldlnr 6 Per Cent

Questiou-PieaEs suggest ~ me The hesf
way 20 invest Sif.DNe 90 yield $500 year
or better, Tor on eilrmurf nary uurpo1c
which does not have o. pay tax. thought
if might De well 20 spiif r. I've wrya not
invefung more than $4,000 in any oac
oecurlty-T ~. C..
Answer - Recommendation would
have 70 depend on how eleemosynary
this fund really IS. II Il Is strictly q
trust fund, restricted rs 10 invest ments
by state laws. you arc reaching too
high for income when you demand q
return Of per cent. However, we
shall take i for granted that you know
your limitations, and will suggest VIII
son a Co. 6s, 1871, yielding about per
cent; Adirondack Power and Light 6s,
1850. yielding about 6 per cent; Public
Service Corporation Of New Jersey 5s,
1853. yielding about G per cent; Cana
dian Northern Is, 1910. yielding about
80 per cent. and Great Northern Is,
1886, yielding about 90 per cent.
New-York tribune., 1922-12-10
Tax Exemption Applied TO Bonds

oue,Ineio nsrspaper dsg msapal bo"ds poy'ns
and per KIND enough 70 give NO p oPNo" ~
or any other Federal ioSfre bondsl
Stock Land Bani boa one Foar bs'ry saH '''
eael sNd N h4v' e6o1 10 f' 20 y
Fdo ofrcc bonds ord thinking
bying wn Ike pct opinion FIRST "oA
Federal per cont pad "aH' nave
sees fhis or sone alseriiscmens.-T.D .. s.
Answe-There classes Of exemption other than the
- exemption applying to municipal bond-Federa farm
loan United States obligations Inc most
common Of these which you nquenamey the partial
exemption frQp normal income tax
te bond issues offered with tins clause IN
serted Two per paid By the without
Strictly speaking this does not mean that the bonds are
EXEMPT from Federal that the order
make It's the investment public to pay
cent of the that would ordinarily be imposed
New-York tribune., 1922-12-10
Bonds for Foundation

cucrtion--I have fund amounting %
about $4,000 90 invcn Ny present hold
incs amount 90 trfe.erf funrket1 so. .o0e.
made up mostly 81 fairly hlEh-Frade ln-
duatrial and railway bonds yielding mo
IN average of about r . per cent am
DESTROYS OF purchasing some of the various
securities wh!ch viii yield me slightly
above per cent. Z an IN a position 20
watch fairly closely the condition of the
concerns ln which I Invest and can A.
aEsu1le somewhat OF r. business mans risx
~ poraibir ] would IKE 90 distribute the
income derived about equally each month
over tho entire yeaf. Can you give mo .
suEresied rat ~ high-class preferred
-i0cfa with ready Uarhctabiilty that
would ~ these c0nditionsf--H ~ 2
AnsweT-The following preferred
stocks viii meet your requirements:
National Lead, New York Telephone.
Western Electric. Pere Marquette prior
preference, American lee. Endicott-
Johnson. General Electric special ("
American Smelling. American Can.
Postum Cereal.
New-York tribune., 1922-12-10

next few months about the efforts of
Congress 20 put through a constitu.
flonal amendment dcpriying states and
municipalities OF the privilege Of offer
inr tax exempt bonds. Without going
into the merits OF the case, We do not
believe IL will be possible 10 make any
amendment or legislative act retro
active In other words. state and
municipal bonds already outstanding In
all probability will retain their tax
exemption.
One other form Of tax exemption is
interesting 10 you aud all other resi-
dents Of Pennsylvania. The bonds or
many companies incorporated IN PENN
sylvania are exempt from the Pcnnsyl-
vania state tax o. four mills. That eX-
cmption, OF course, is valuciess 10 any
one who does not claim residence in
Pennsylvania The Pennsylvania Rail
road issues. Pittsburgh Coal as, 1885;
Philadelphia a Reading Railroad md
Philadelphia and Reading Cbal and
Iron bonds. PHILADELPHIA Electric S..
Philadelphia Company 5a and Cs and
numerous other bonds are attractive 70
the Pennsylvania resident on account
Of this tax exemption.
New-York tribune., 1922-12-10
All SnecuInfirr

aud wouid DO with the fOli0wiag n0cks
vhich J have owned Tor q long limo and
bought Ht following prices. Is ahafer
Nillya Overland nt t2l. 10 shnreH Pierce
arrow az flt, ~ shares fnfernatl0nai
Nickel az t.5. so shares Mutual OH al $40
a. E.F.
Answer-Aetion on the stocks you
old would be gOyeTned largely by your
financial position. We DO not know
what your purpose was in originally
1uying the shares, but We are forced
% assume that it was speculation.
Whether you should continue % hold
them, therefore, would depend on
whether you wish to continue an un-
profitable speculation. None Of the
tocks can be considered suitable FOR
Investment purposes.
New-York tribune., 1922-12-10
Inv estment Information
Motor. Marriage corperalIon

Qu,afion--in May. 1888. W ffnr9 ~
order far ten shares of the Motors .
ease Corporation stock az t62.be eaeh. lsf'
inE one aihlnd down On The pufr nt.f l..tt.
urd ffi monthly We have rcLrlffl tNil
fafe fhe foiiorin. letter sfousn, ,i.'.,.,, =,
court order lsF1fd "Wednesday N"fchp'I
al. ~ the United states District ,eui =
tho Reel Estate Trust Company OF w.
hurrh IA. FRr dull apno'nfef ffr'l.'
for fhlf company. and thrF now have c.N,,
fieir control of al unus1froha h'-'
Estate Trurf Conipnuf. ~ iltHbrr-h. hn-
ciliarv receiver fnr fu0 Motor. A"fis
Corporation Would you ndrifr 70 con-
fInur rnglnE our lnftHllmrnta On this tto1s
o. would you await further Developments
usi what does 'snciiliary receiver mean
- H
Answer II would probably be best
for sou to await Developments before
making any further payments on MO-
tors Mortgage shares. The Office OF an
nncillary receiver Is practically that
OF assistant 10 the receiver and 70
whom he Is subservicnt. Frank ~
Jones, OK Georgetown. Del. is the re-
eeivcr for the Motors Mortgage Com
uanV
New-York tribune., 1922-12-10
Not for Working Woman

3aesilon-i EN- n working woman With
very small ravings and lt has been suG-
re1tod hy q friend that put 2 couple ~
HUNDRED dollars in the lnier-Cty Radio
Telegraph Company. g. East Forty-ihird
street. =. =. smor. president Do you
snow anything about thia company ana
would YOU advise me % make such an IN
veFtment IN. e.
Answer.-The Inter-City Radio
Telegraph Company is capitalized
for S5,O00,o00 and the lntcr-City
Service Company is Offering its
shares OF preferred and common
stock in "units" comprising one
share of each. You cannot class the
stocks of this company az investments
and. in our opinion, 20 viii take q long
.ime for radio companies 20 demon
rtrate earning ability. In the mean
timo many OF them will undoubtedly
ran by the wnyside II you arc not
In position 10 afford speculation that
involves great risk 20 your capital we
advise you not TO buy an interest IN
this company.
New-York tribune., 1922-12-10
Suitable for Investment

Queaion-piease advise me az 10 thc
wisdCm ~ fhe following inveEtments. $500
~ Westinqhoufe Electric $500 In National
Biscuit Company. $500 lu Lofts Candy
Con rany. X Ia your onlnicn there are uu-
flee af the present time, please suggest
ether stocks where fHir profit can L,
made on ti.5oO -Mits !. s
Answer-We consider the preferred
shares Of Westinghouse Electric snd
Manufacturing and National Biscuit
suitable FOR investment purposes. Loft.
Inc, stock Is suitable FOR an individual
n a position 20 assume the ordinary
business risks and keep In touch with
the company's earniars
New-York tribune., 1922-12-10
BRAZILIAN Sterling Hand-

2uestion-wlu you fin1lr Give roe any
Information vcu may have regarding Brazil
g. 1852 per cent bonds. payable ln
rfrriing. also present market price. and
whether you think 81 nltirahIe % purchase
~ this time7 Recommend some fooo
bonds that you consider fafr risk yield
i1g about 9 per cent uc.. an infefimart g
q &5.o90.--W. h. A
Answer-The Brazilian government
.4s Of 1889 are outstanding 20 the
amount Of Rl7,4ss,2o0. IN 1913 interest
on this issue was lefeulted and the
payments due for that year and che
two succeeding years were funded into
new 3 per cent loan. A. t-e samc
time the sinking fund vas suspended
for thirteen years. We suggest for your
5000 Wilson 4 Co s.. 1881, yielding
about per cent; Canadian Northern
7s. 1910. yielding about 8 per cert;
international Paper 81, isf7, yielding
about 6 per cent.
New-York tribune., 1922-12-10
Thls star Has Fa6ed

ousstioh--As steady reader n your
column 1iu yuu please advise ne
whether there il ~ present any ecnitf
existing frr she preferred stcck o. the
Kathodlan Hr0nze Works. whether the
preferred stock ever paid any dlriqcnls
anything was ever paid 20 the preferred
stockholdersf-B "
Answer-Kathodian Bronze pyrotech-
MICS q few years ago lighted up the
financial district. but since 1918 there
has been little or no markc, To- Soc
stock. In 1921 100 shares sold at haf
q cent share. loui holdings are
worthless, VIC believe.