davidaulloa/AmericanStories huggingface dataset:
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For FLY Swats, cheap boy stock
ings and rolled sox, aluminium
ware, crockery, glass ware,
tin ware, toys, visit our store
here. Just received some large ship
ments. We have lined up with Wool
worth & Co. and can give you the
best for your money. GRAHAM'S SC
AND 10c STORE, Nothing over 81,
sAint dat cheap" Bamberg, S. c.. tn
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

Plant Peas-One of the surest
money crops there is. A few more
bushels of seed for sale. See me at
once. H. W. BEARD, Bamberg, S.
C. 6-15-n
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

We are Authorized Dealers for
Westinghouse Radio apparatus. De-
,liveries will be made in the order
received, 80 let us have your order
now. FAULKNER ELEC. SERVICE
CO., Bamberg, S. G.. TIN
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

Egg Crates, picnic plates and
drinking, cups, neck ties. hosiery,
from sc pair and up, baby rubber
pants. See US at once. GRAHAM'S
Sc AND 10c STORE, Nothing over
81, sAint dat cheap?'" Bamberg, s.
y tin
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale-Fifteen bushels Brab-
ham peas. Clean and sound. B. D.
CARTER, Bamberg, S. G. ltn
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale or Rent-Nevils home on
Church street. The best OF terms
will be given. House has been done
over. See me at once. MRS. CHAS.
SMITH, Bamberg. S. C. 6-22p
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

Liberty Bonds-If you are thinking
of selling your Liberty Bonds, see US
at once, as we are in the market for
$4,000 worth. We will pay you New
York quotations. FIRST NATIONAL
BANK, Bamberg, S. c. TIN
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

Lost-Watch charm bearing the
emblem of the. Knights of Pythias,
the first of last week. Reward for re-
turn to l.. B. FOWLER, Bamberg, s.
q LTD
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15
NOTICE Of SALE OF Personal
PROPERTY.
STATE OF SOUTH CAROLINA,
COUNTY OF BAMBERG.
Court of Common Pleas.

Dry Goods Company,
Inc, in it's own behalf, and in be-
half of all other creditors of H..
Karesh, of Ehrhardt, South Caro-
lima, who may come in and con-
tribute to the expense Of this
cause, Plaintiff,
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale-Millions of Porto Rico,
Nancy Hall and Early Triumph potato
plants, 75c per 1000 +. o. b. Valdosta.
DORRIS PLANT CO., Va1dosta,
Ga. 6-15-p
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale or Rent-Six-room cot
tage and nice lot on Midway street.
Apply at once to H. C. FOLK, Bam-
berg, S. G. tin
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15
SPECIAL NOTICES

For Rent-Apartments on Main
street. Apply to JOHN F. FOLK,
Bamberg, S. G. tin
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

White Spanish Peanuts for Sale.
Price sc per lb. THE COTTON OIL
co., Bamberg, S. C. tin
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale-Single comb white Leg
horn eggs. s1.00 per setting of Is.
BAMBERG POULTRY FARM. Box
242. Bamberg, S. C. tin
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

Wanted-To buy good second
hand one-horse wagon. Must be
cheap. GUESS & BRUCE, Bamberg,
S. G.. 1tp
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale Cheap-Three to five hun
dred bushels Of ear corn. Apply to
H. B. GRIMES, Lees, S. C. tsp.
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

For Sale-Interlocking Tile for
building purposes, at less than half
price. See E. G. HAYS or C. w.
RENTZ, Bamberg, S. C. tin
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-06-15

We Grind for Toll Velvet Beans
and Shucked Corn on Cob. Best way
to feed to hogs and COWS. THE COT
TON OIL CO., Bamberg, 5. C. tin
The Mt. Sterling advocate., 1922-02-07
McoME TAX FACTS

FarBers- rangers, benders, dairy
Den, truck gardeners, vineyard and
orchard owners and other food pro-
dueez must compute their net and
gross incomes for 1927 and aseer-
tain whether an income tax return.
or . tan, or both, are due An
gains, profits and income derived
from .he ssle or exchange Of farm
products. whether produced On tie
farm or purchased and resold. must
Be iEs5uded IN gross inrohse. : VIE.
. farmer exchanges hrs products for
groceries, clothing or other Hef-
ehaDdise. the fair market yaIue Of
enek goods must be included Profit
rsseiFe3 from the sale of farm land
or rent reeeived for 1he use thereof
Hgst be inelDded.
In determining income upon which
the tax is assessed the farmer may
deduct from gross income an neees-
saTy expenses incurred in the -Oper-
a1ion Of his farm during the year
1921. These include cost Of cult
walton, harvesting, and marketing Of
his crops, cost Of feed and fertili-
zer used, amount spent in repairs
70 farm buildings (other than the
dWeiling) and 10 fences and ms-
chihery. Wages paid 10 farm hands
are deduetible. but not wages paid
70 domestic servant. which is a
personal expense.
As an aid To farmers, the Bureau
Of Internal Revenue has prepared a
speeiai form, l04OF, for recording
sales Of livestock. produce and a
summary which must be attached TO
the individual return Of income and
expenses.
An unmarried or widowed farmer
or one living apart from his wife
The Mt. Sterling advocate., 1922-02-07

Of $50 assessed dogs N Mont
goinery county only about 800 have
license tags for 1922. We do not
sani 70 IN yom dogs, but the law
must Be enforced. On and after
February 20, 1922, We shah begin a
fherOugh canvas Of the county, de-
stroying al unlicensed dogs. as the
Law directs. Can at the county
clerks Office and tag your dog be-
fore the 20th and save rs an un-
pleasant duty.-ChsrIes z Duff,
Sheriff Montgomery Co. f33-4t)
The Mt. Sterling advocate., 1922-02-07

we'll One Tbs-as sehs4 frO MnesOta-
he .s rear Up q II ouhs
sOu Distinguished q Mn
nos gives EOold b Aziezn bus
a - ihe annuy ouuf hfhsrSpbd
ealeodzrs
LET'S O9oOoo zptOPaton Of
mess nsn country N0r TINS 6oesnt
easeadzrs spent pencils leather
possibly bs nth the weekly advertising
whsher e spsat
ether ses0o8 goes ard where The saving
szposs IN d the nzd and ne sd
uO1d the s2e0s 900 PIT Of
ec1leEonf Tbs Of errson vbsrs increased b1
q fzDdsf n0zss sehAAl from Mn
and Thinki i tins real b joke congress
uasE Erse tezEksf
The Mt. Sterling advocate., 1922-02-07

must fle an individual ret1rn for
1927 If his net income for 1921 was
sI,0oo or more, or II his gross IN
come was 5000 OF more II mar
ned and living with his wife on De-
eeu1ber 81, 1921, q return must be
fled If his net income was $1,000
or more, or If his gross income was
5. 900 or more.
The Mt. Sterling advocate., 1922-02-07
WORK STARTED

The Standard Oil Company has
let a contract TO James Richards for
razing the old Wade livery stable
which win be converted into re-
filling station. J. ID. Willett, Of
Louisville, is here to superintend the
work, which, it is said, when Com
pleted viii be beautiful structure
and an ornament to tht city.
The Mt. Sterling advocate., 1922-02-07
nIDwAY PAPER soLD

John G. Brown and Frank L,
Walker, editors and prOprietors. Of
the Blne Grass Clipper, Midway, for
the last FIVE years, sold their plan,
and good win Thursday afternoon
to J. H. Reigner, of Crothersvi1s,
Ind Mr.. Reigner formerly was .
member Of the Oklahoma Legislature.
He is a knight Templar and exper-
fenced newspaper man.
The Mt. Sterling advocate., 1922-02-07
READING POSTPONED

The reading of 'Enoch Arden"
which was to have been given by
Mrs Sallie Bullock Cave at the His
tory Club tomorrow, has been post
poned on account Of so much IN
ness in the city. The reading viii
be given at later date, possibly in
the early spring, and Mt. Sterling
people are looking forward TO hear
ing Mrs. Cave with very much pleas
ure.
The Mt. Sterling advocate., 1922-02-07
THE NEWPORT MIL sTRIKE

s11ay aer. Newport tsry and
tie nall sirksrz
performance duty
thls kOzr have not been sueeessfl
IA gather facts Of
strikers VII realize tea hslpsness opposing troops
ter WI Be settled always has with loss position life
and property the ksrx point
heavy Bat the O taxpayers
10
The Mt. Sterling advocate., 1922-02-07
CLASS IN EXPRESSION

Miss Annette Hurst, head Of the
expression department of Kentucky,
Wesleyan College, Winchester, VIII
be in Mt Sterling Wednesday, or
ganizing class in expression An
interested can get in touch with her
at the public school
The Mt. Sterling advocate., 1922-02-07
NOW IN OPERATION

The Gate City OIL Company, a To-
cal corporation. composed Of sew
eral garage men, has received its
hnst ear Of gasoline and has its de-
livery service in operation. It is
the purpose of this company TO buy
their gasoline and oil direct from the
refneries and thereby be in a po-
sitiOn TO give the trade the very best
quality and at the lowest price.
The Mt. Sterling advocate., 1922-02-07

Bargains at J. ID. Hazelriggs on
February 9 and continues for three
days. Be sure to attend and get
vour share Of the bargains
The Mt. Sterling advocate., 1922-02-07

an persons having claims against
the estate Of DR.. J. A. Shirley are
required 70 file same, properly
proven, at once with the undersign-
ed.-Chsf3ss' D. Grubbs, Executor.
f33-4t)
The Mt. Sterling advocate., 1922-02-07
REnTs PROPERTY

W. t. Hunt has rented his resi-
dence on Winn street to Mrs Ots
Watkins, Of the county, who win
move there to reside.
The Mt. Sterling advocate., 1922-02-07

Love is a fixed star Of the first
while hate is frightful
meteor that flashes fearfully for .
moment and is out forever.
The Mt. Sterling advocate., 1922-02-07

A Bat Of tulle, ;ts''
A yard of silk, -
A little skin, ~;
As white as siIkl :.
A little strap
How dare she breathel
A little cough
Good evening-Evel
The Mt. Sterling advocate., 1922-02-07
CAFETERIA

Come to the cafeteria lunch and
supper TO be given in the old Ma
honal Hotel building Saturday.
Everything good to eat and bound-
fully served. Come and bring your
friends
The Mt. Sterling advocate., 1922-02-07

A Tennessian says they don't can
their illicit mountain whisky moon
shine any more, as the moon can't
shine on all that is made, and now
il is called starshine.
The Mt. Sterling advocate., 1922-02-07
BENEFIT SHOW POSTPONED

On account Of so much sickness
the benefit show for the Rest Room
has been postponed until someAfa-
ture date. 1rs = .i5s
The Mt. Sterling advocate., 1922-02-07

Very few children are raised ac-
eOrding to theories, and there are
other reasons why ehildhood's hap
py hour Is happy.
The Mt. Sterling advocate., 1922-02-07

FOR RENT-Three rooms and
bath for March ]. Mrs. Thos. Hsin-
rich, phone 256, (a1rtf1
The Mt. Sterling advocate., 1922-02-07

Every bush Lacquer who is not
drafted for the big show wonders
how the scouts manager get paid
for their services.
The Mt. Sterling advocate., 1922-02-07

In some particulars, the tariff is
still too low to protect home incom-
petenee.
The Mt. Sterling advocate., 1922-02-07

EGGS FOR SALE-Single comb
Aneonss. Heavy laying strain CAN
HALEY GiIlaspie, phone 6s3 J-3.
(31-4t-eoil
The Mt. Sterling advocate., 1922-02-07

1t takes pretty smart man ;
set trap for the wolf at the doo(
The Mt. Sterling advocate., 1922-02-07
Some Aspects of the
Farmers Problems
q, BERNARD n BARUcH
sk.,-i-s-s frs- As--ts NsasAlsD

sk.,-i-s-s frs- AEhrt's Esathls,
The Mt. Sterling advocate., 1922-02-07

q her inability 70 meef norrFaEes o.
!, ~ currenf blllA and boz, seekins
rsElnf frun fhe1r llIk. fbey are plsn-
rinx 70 fern poclz insugurrfs fhrn-
err rrfkes and demand legielsfion
sboushinr grain szchsnEeA private
earfis mnrkefn. and ne ike we ought
nox hnExily to brad then o. economie
hsr><lcx and hlEhvaynen- and hurl a.
sh--u fhs charEs q being seekers of
special privilege Rather. We should
ASA II fhelr frOuble b not ours. and
ses uknf can be done 20 1rnprOve the
sirnsrlon- Purely from self-inferest.
n f1r Ro kigher usotive. we should
help then All q - Esnt % get oack
pernzn>rfiy 70 -norn.leT~ bot 10 u
rsasonzbIe 20 hope FIR that condifion
unless cur Erezfest and most bnsie ~
duErrf can be put On a sound and sond
pcrnzn<zf f0un1znonf TIE fzrmcrs
are not enfitis< 70 Epecssi rrfvnexss ;
but are fhey nof rsrhf N demanding
that they be placed o. an equal foot
Ing Nth the buyers of tbsir predpefs
and r1th other industriesf
New-York tribune., 1922-07-16
Satisfaction Better Than Fascination

Questlou--Wili YOU kindly advise me if
Yol consider a purchase Of stock not in
yolving more than $500 in the Hutohison
Eaoio Company, prospectus and price list
inclosed. as safe Investment? work
for living, and. OF course. cannot buy
sifaply to obliee plausible salesman. but
the prospective ownership Of block OF
radio stock has its destinations. X. e.
Answer--Fascination should have no
part in selecting investments. The
popularity of everything that hass to
do with radio, in the way of amuse-
ment and education, has been seized by
promoters, as, evidenced by the grow
ing number of companies proposing to
manufacture radio apparatus. Stock
statesmen are offering securities and
predicting results which have not the
least foundation in fact. Investment
demands calm consideration, and we
advise the selection Of securities that
have proved sound, such as preferred
stocks of railroad and industrial com
panies which have paid dividends over
long period of years. rather than
that which can be regarded as an eX
pertinent. Satisfaction is better than
fascination.
New-York tribune., 1922-07-16
May Select Substitutes

question contemplate Investing about
210, 900 in good bonds and beg to incloss q
hat submitted to me by q responsb,e G
house. ] Will be greatly obliged to YOU If
securities II there is any element OF
ape cula tion about any Of them I should
Ike to know il before I place my order,
The list: Union on California; 6s. 1912;
1s4s Wilson & Co. first mortgage IS, 194l ;
International Mercantile Marine ss, ls4l
Warner Sugar first mort gage Is. 194t Nir-
sinia Carolina Chemical first lnoitSag Is,
fs47 Sinclair first mortgsse Is, sa7
Chile SIS. 1915. Department OF the Seine
(City of Paris) 7s, 1912 Otis Steel Com
pany first mortgage SIS, 19a1,-vS. S. s,
Answer---We think you would be as
saring yourself of greater security or
principal by doubling your purchase of
the first five bonds and discarding the
last Eve, or, to diversity the investment
more completely, substitute the follow
ing bonds for the five discarded: st,
Louis San Francisco prior lien As, 1850,
Welding about 81 per cent; Pacific Gas
and Electric 5s, 1912, yielding about 81
per cent; Public Service Corporation of
New Jersey IS. 1862, yielding about 6.l
per cent; State of Queensland IS, l94l,
Welding about 6.2 per cent, and hlngr-
don, of Denmark 6s. 1942, yielding about
Alabama Power Company IS
Question: hold two 81 900 bonds t5 per
cent) of the Alabama Power Comnany
VIII you kindly give me Nour opinion Of
these securities an Investment p B. S. Il
Answer--We consider tbs Alabama
Power s pen cent bonds a good invest
nent.
New-York tribune., 1922-07-16
Crncible and Mack Truck

,Snestion~-l am constant reader of
your paper, and have been particularly in
terested in answers you have made 10
lnauirers regarding stocks and bonds. 40
am taking the liberty of writing for :,
httle information for myself Within ths
next few days VIII have s25 600 and want
70 invest It in s0od preferred stocks
have in mind he following; Crucibla Steei
preferred Macl, truck first and SECOND
preferred and Allis- Chalmers preferred
| want as high 4. dividend rate as / can
get With a reasonable amount of satcty as
on these above mentioned STOCKS or can
sive me better list | win appreciate
same.r 7. MD.
Answer-The selection of Cfucible
Steel preferred or Mack Truck first
and second preferred should depend
upon whether you we're willing to in
clude a class Of securities suitable for
business, man able 10 sacrifice a de
gree Of safety for a compensatlng re-
turn, what percentage of your capital
Is the amount you have TO invest would
he determining factor in making Sc
lection. We would suggest, if you
wish to confne your investmea to
high grade preferred stocks. the fol
lowing: Atchison, Union Pacific. En-
dicott-Johnson, American Car, Balti-
more g. Ohio, Union Pacific and Pere
Marquette prior preference,
New-York tribune., 1922-07-16
Taking a Business Risk

Question J. read with interest he in
ys1isn Trisune and nfofmaloa m columns Of The
question and answer under the caption
Wants So per cent Yield - A. hold
which believe, average a, hi cher Weld
than Sia per cent. l am Somewhat uneasy
One bond. $1,000, Republic OF France
u per cent, 1s1s one bond, $500. Bolivia
received: one bond. 81 900. North Arneri-
can Edison Series A, per cent 1852 Din
Js,a 5s1ast oeTt!heste} & ten shares 5000 par
Company capital stock, per cent. fve
shares s5ho par value International Mer-
Camille Marine pea cent preferred stock
May ask the favor Of having, this list
analy2ed; pointing oui The weak features;
and in particular which may be. kept and
of person who has only r. few hundr ed
dollars over the above investments?--
r. W l..
Answer-The clement of safety prob
ably has most to do with governing the
price at which a security will sell for.
AS the rate OF return increases other
elements may be taken into onsidera-
ton in affecting market price. The
securities you hold are of class that
we consider suitable for a. man whose
business interests employ only por-
ton of his capital and who can assume
business risk, With the exception
of international Mercantile Marine pre-
ferred we consider your securities rea-
sonably sound, but suggest disposing
of this stock and rcinvesting the funds
and any further accumulation in higher
grade securities which you have noticed
mentioned in this column. Without
undue haste it would be advisable to
shift from all Of your present holdings
to bonds of better grade, receiving
compensation for your acceptance of a
smaller return by a greater protection
to principal.
New-York tribune., 1922-07-16
Investment Value Not Proved

Questtop--Wouid appreciate your giving
me the benefit Of your opinion as, to
whether the above corporation. tFire De-
tecting Wire Corporation) is operating on
successful basis and what its future
seems to be, L hold small amount of
stock in the corporation, which WAS is
sued to re. in exchange for stock in an
other corporation which was absorbed by
the Fire Detectins Wire Corporation of
Delaware. They are offering additional
stock TO the public, and, while l do not
think enough of the propagation to inr
vest more money in it, have an idea
that the corporation possesses some, val
uabe patents and may in the near future
begin TO declare. dividends II. G. o.
Answer-Ths Fire Detecting Wire
Corporation may have possibilities of
profit, but we do not believe in the
purchase of stock in company that
offers nothing more tangible. Although
you have an idea" that the corpora
tion. possesses valuable patents, we
think it would be well to wait until a
period of time permits the company to
deal in aetualities before considering
purchase of its shares, u
New-York tribune., 1922-07-16
Bethlehem Steel Exchange

Quesiion--The Tribune has heen ruy pa -
1srs.fol per toG yesns, s and ! ann very much in-
tefrsteu IN the Investment column. have
great deal OF confidence in YOUR iuds
,gcs'N' ,gca ing no" ! am asking for some ad-
wye. holo short-term security noie
which is due in 1929. This may he en-
coanged before March is. 1928. for Series
a consolidated mortgage bond dated Au-
gust J.. l9lS. and maturing August /, 194S
interest rate per cent. subject to redemp-
in the stock ma rket Can YOU tell me
about this bond--what it is selling at and
II II will be advisable to make exchange
% as this note is quoted at 1o4a, : Also
nave $500 in Victory notes which ought
4oef,e g. be efangsd e na naye IL mnd Genera
York Edison Gas, Bush Terminal bs. Vir-
sifian Railway 5s and United states Rub
hrst consideration DO not need tax-
Society as investment = Mrs e. &, r.
Answer The Bethlehem Steel bond,
into which the per cent notes are
convsrtible, are moderately active on
tho New York Stock Exchange, selling
recently around 9S}2 for weld of
about 81 per cent to maturity. We see
no reason why you should not avail
yourself of the privilege of converting
the note for this bond, but would sug-
gest that you defer action until few
days before the conversion privilege
expires. In this way yoa will enjoy
the larger coupon rate for longer
term. Your plan Of exchanging the
Victory notes for bonds of more dis
tant maturity is logical. one. Any of
the bonds you mention would be suit
able. but we do not think the Beneficial
Loan bonds measure up to what good
substitute for United States notes
should be.
New-York tribune., 1922-07-16
Lacks Diyersifcation

Ques4iop--wil you please give me your
opinion, from an investment ana lncems
Standpoint Of the following stocks ana
If YOU think IT advisable 10 d'spose on
them. will you please suggest what sfocss
or bonds should take their place? alne9-
can Sugar Refining pei cent preferrea
Bethlehem B. United states ,r Steel com no :
per cent bonds.--N. "a. G.
Answer-lf these four securities con-
stitute 100 per cent Of your invest
ments you have not considered the ele-
ment of diversification in selecting
them. Warner Sugar rs and American
Sugar Refining preferred are good IN,
vestments. and the Steel common and
Bethlehem Steel B rank we'll among
common stocks. The two latter. now
ever. have a speculative element that
cannot be ignored. 1t is for you to de-
eide whether you can afford to carry
common stocks. We cannot measure
your ability to assume risks.
New-York tribune., 1922-07-16
Doubtful on Brazilian Bond

Question: have purchased two honda
of the Brazilian Government. issue Of 1sss
or 1883, as underwritten by eothschild.
and payable in funds. The original is.
sue was f4.ooo,00o and the sinking fund
between two and three million. This bond
specifically states, that if the sinking
fund has not been sufficient TO retire all
date OF issue, then the GoVeinment OF
nrazu guarantees to pay them on that
date at the office of Rothschild in Lon
hond---Deccmber, The price / paid was
Az for q t200 bond. Naturally tue price
indieated 1s.,,s that thera was certainly a pos
ever, in the event OF these bonds not be
ing paid or II there is an extension and
standing Of BraziI2 II enough publicity
were given to this default considering the
10 me the government would be obliged
to. pay or see their other securities fan
opinion in this mater. H b.
Answer Your letter indicates that
you unaware Of the fact that the sink
ing fund for redemption of the redemp-
ton of. the Brazilian AIS, 1888, was
suspended for thirteen years, from
August i. 1914, in accordance with the
agreement reached between Brazil and
the bondholders protective committee
under the plan brought forward in
October, 1914. when coupons due from
December !, 1914, to June |, 1917, both
inclusive, were funded into the new
funding loan Of 1914. The provision
for payment through n. NJ. Rothschild
& Sons. London. when the bond be-
comes due, therefore, has been nullifed
by the agreement to extend the sink
ing fund With the resumption of
sinking fund operations in 1927, the
bonds should be redeemed by 1s47, it
is estimated, provided there is no
further delay. Unless this was made
clear to you the bonds were misrepre-
sented when you bought them. Brazils
credit rating is not so high as that OF
some other South American countries,
for the reason that this COVE ernment
has found it necessary to borrow
rather heavily since the price decline
in the country's principal exports.
However, the outlook has improved in
recent months and the bonds you men
tion offer speculative possibilities for
a person in q, position to keep in touch
with affairs in Brazil