davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-03-24
More Silk Mill Announce
Lay = OG>; Cotton and
WOODEN Producers Are
Cutting { Down Also

Drastic curtai.men. in production oi
textiles predicted for several week- Is
now in fair way OF being accom-
phshed. The general reason given for
the lowering Of production is that
present production costs are too high
to permit q profit on the current selling
prices Of most ta2tiles Specifically
the textile manufacturers say that raw
cotton, raw silk, and labor must be
reduced still further or the prices Of
finished gods must increase.
Unsatisfactory conditions ia the silk
industry have led J. H. &, C. K Eagle
Inc, one of the largest manufacturing
firms, TO reluctantly lay OF approTi-
matey 1000 Of their 1000 Udli work
crs,' according 30 a statement issued
y"ste erday by the concern
'Thcy had earnestly Hoped says the
statement, "that this retrenchmcnt
would not come to pass. bat the stag
nation in the fabrics market Icft them
no ALTERNATIVES"
The announcement o, This cur.a'l-
mcnt follows closely upon tina; of the
curtalmcnt in the mills Of Schwarzon-
bach, Huber & Co., and Other large
manufacturers.
The current trend toward lower pro
duction is being fostered by the mUl
in the hope that the market win b.
stabilized within the near future.
1t is estimated that the silk trade
as whole is not operating ut more
than 40 per cent Of capacity at present.
Cotton yarn mills have been cur
failing for some time. and come Of the
cotton mills in the New England dis
trict are curtaiiing in addition to those
whose operations have been suspended
because OF the strike
The point that mill owners are now
making is that in the present situation
: it is becoming cheaper for them to
! close their mills and suHer ehc loss
occasioned by continued overhead than
/ 1t is to keep even a portion of the
machinery running and take bigger
| loss on the goods produced
The Pacific Mills, among the larccst
producers Of cottons and worsteds, in
announcing a wage cut effective next
/ Monday stated that their cost OF pro
! duction OF graz goods for instance
was moro than the price Of the same
goods offered by other mills
Despite tho curtajlmcnt, buyers are
not showing any anxiety over the Dos
5lbliticS OF a shortage yet.
New-York tribune., 1922-03-24
W heat Declines
Sharply ON Heavy
Liquidation Sales
L"cA OF Aggressive Demand
Also Market Factor:
Close Is Weak at 2 to
42S Gents Net Lower

CHICAGO, March 23.- Sharp set
backs IN the price of wheat resulted to-
4ay from heavy uQuidatng sales and
from lack OF any aggressive demand.
Ihc market closed weak at ? 10 46ac
net lower, with Nav SI.32 to S1.321s
and July Sl.17l4 to S117&s. Corn lost
i%S..o = to &C. cats / to l2sc and pro
"is'"0s 70 POE.
After the close ir was a ge0oraliv ac-
copted opinion that one of INC biVees,
holdcGs of Whost heG d!eposed Of most Of
ms ln' break SO a Now low rccord
l"c German exchange rates was ono Of the
FACTORS which to1rded to unsettIe confdencc
on INC part of bulls in the wheat market
ana there were also reports current thpt
Australian wheat which had been shipped
to india was being re-sold 10 other co,Iil-
tries. Besides. domestic crop conditions.
"a ken az z whole. appeared TO be favor
ablc TO the bear side OF tho market not
WthstandinG advtces from Oklahoma that
the green bug pest was increasing. An
othor influence which acted as q weight
on wheat values W8s absenCe of any indica-
tion of important export business being
dou". Assertions that Norway was in the
and ryc failed 10 bring about any last
rslly and tho close was at almost the low.
est point Of the day.
Corn and oats Went downsrade in sym
pathy with wheat. 1t was said exporters
AT tho sea board we're Offering to resell
corn to domestic bidders.
Provisions were affected by the weakness
Of grain and were unreaponsiVe to an ad-
vance in the hog market.
New-York tribune., 1922-03-24
Business S y ew s
CurtaiIment of Production -
I'm Textile Field Increasing
Shoe Prices N0m Too
Lom, Says Merchant

Re'aj shoe merchants, az class,
according 90 John slater Of J. & J.
Slater. arc selling .aeir .nercha ~
disc a. too ow price. Compel
tor among retailers" said NJ,
Slater AZ meeting Of local re-
taiers this week. "bas brought
prices do~n to an almost unproRt-
able basis There is hardly any
money to be made in the retail shoe
basjnes, this year
"Uaiisc the manufactured, the re
taller cannot actually gauge his
costs He does not know what his
overhead wiz be until thc end Of
the year This makes it impossible
Tor h.m to price his goods so that
his sales always viii show a profit
over bis expenses and the cost Of
his merchandise. Broadly speaking
the retailer is bow pricing his goods
to meet competition and the general
market. rather than upon a basis Of
cost and expense Of selling"
New-York tribune., 1922-03-24
Cotton Declines
Under Pressure
OF Late Selling
,;o,,;dation III March Com
tracts Results III Drop of
10 Points: General Mar
ket 3 to 10 Points OF

tiouidation ia March contracts was
..sture o. the cotton market ycster-
49, resulting in drop of 40 points in
.Sst delivery, 20 i'A6c. mere were
,ssr.een more notices issued and it
~,s -, understood that about 5000 bales
'~,s;n To be inspected this month
r,,3jnr in Narch contracts will cease
). moor to-day 4 good deal of tho
.,uing in March was by traders who
s.nlzeed in later months. notably new
.a ..an deliveries. which gave the latter a
..lstjvely steady sndertone throughout
the day ...-.,.-...., .....,,.., 80
- epsrulsttre interest iu he market.
- While clesv weather again prevailed
- ne belt ami tnt"e "5f mo imW"di*te
<sn o: rain = NeN orleans wire G "''nlnS
-. conditions seemed to b" heading
.srs .'S had weather cacc.IeA any aEStcs-
w.. selling in tba 0ew crop mouths.
L.ve-pooI was higher anu private bins
.-5r called stteuttou 90 thc very fsVofa hle
SSfsrchsster news. with scnc trade buying
y. rs,y rrop positions. spot houses who
.i-eady ho)d largo lines et May contracts
continue TO buy TINS position. which was
- ~ some &C the commission houses
.,stnst purchases OF October. WITH March
|scount urdcc May widening out 20 about
ss points it was not ta~ frc0 e CARRYING
iifference and Il was believed hat ii 81
.souid widen much further those who in
,S9dcd issuing notices on FrldSy uisht de-
lied 10 transfer their short contracts iuto
Esy.
haN hour carried the later months Off so
new low levels tor the day. and the mar
ftt closed steady at net loss OF % 20 -
points. the greatest loss being shown In
the nearby positions. Sono Of the late
selling was for Western houses based on
the continued heavlness In grain and the
rsports that western Texas would welcome
5scome very dry. Southern spot markets
a, officially reported were unchanged to
n; points lower.
The local marSet fog spo, cotton was
QUIET snd & points lower. a. ~ soc for
ni3dlus no ssleS were reported
~hc vaCgc of price.
New-York tribune., 1922-03-24
Country Produce

Butter-Receipts we're 1880 PACKAGE.
iss5ssinefy ss nisheP than eEtrss To- - tIrt,e y "a
GRADES, Al sac; centraiized cars. 90 score,
.! nc; 80 score, SEA- q 37c; IS score, Sc %
3sifc; So TO 81 score, 34035lac; unsalted,
higher than extras, 4ol2 q ~ &c; extras,
- score, 80 Il a +oc; frsts, 81 a 89c, seconds,
24q3Gc. lower grades, 3lQ$3c: held o.
soraso, extras, asa 30 &c; 1rsts, 32ia a
hhc seconds. 2a@ 32c; state dairy tubs.
finest, 37qS7lac; good TO prime. 35 q &6 a c:
make. extras 27}2 n 2Sc: firsts - y a 25l4 C:
seconds. 22ls q 23c. lower grades, 2o@ &c,
packing stock. current make, No. /, 23c
Nc. :. 22c; lower grades, is q 2tc.
Cheese-Receipts were LASS boxes. New
tork &Sate fats. held specials, 40 26c;
5iesh specials 21c; average run, fresh. 2o4
fresh specials, 21c; average run. 20G 20 "a C;
w Wisconsin. double Daisies, colored, fancy.
5%9 5s ?$c; single Daisies, colored, fancy, 20 a
Sc Young Americas, % "a q 24c.
ksgs-Receipts were 2s,44s cases. Mar
M att hrmer, but without material change in
ssssIues Fresh gathered, extras, dozen.
;si; ;;sG; extra hrsts 2sg27c; frs's. 24'4 a
gseAed, No /, 23ci No. and poorer. 2l L
S%a:2Aac; checks. fair to choice, dry, Il Il q
- aaSS-2ei storage packed, extra frsts, - a q
&c; hrsts, 25]2 @ 27c; fresh, New Jersey
AeAnery whites, uncandled extras. SAG
~ ranol'd extra, SIC. nearby and near
Sas, sss, SO q $4c; extra frsta. 81 @2c; hrsts,
sssg3oc; nearby gathered whites. firsts 10
extra hrsts, rs a see; under grades 26Gt
&c puIlets, unassorted 25@26c; Pacific
esoast whites, extras. 34c: extra firsts. 81
SS9c; frsts 500 size; under grades, 27 a
rse; pullets. unassorted, 25Q26c; other
western and Southern, gathered whites.
S'eSoc; nearby and nearby Western hen
Browns. extras. 29i9c. nearby brown
snd mixed colors. gathered extras, 29c :;
Mntsts to extra frsts. 2S927c} duck eggs,
SSaa%nsyiand. 6s4 soc; Western and Southern.
,fotstoes-Maine, $50 pounds. $s.50@4;
!sS rounds, S325; state. 1s0 pounds. So so
ye.se state and Maine. $50 pounds. 81;
ssersey' $50 pounds, $3.50 q >: Long Island,
tn,eImuda, barrel. s6@14; Florida. barrel.
g. $50 mounds. so; sweets. Jersey.
sset, tl75@2.76; Delaware and Mary
ss.no' Sl.65; Virginia. barrel S2.75 q 3. 80 +;
{sms' Virginia barrel. $2.75q3; Georgia.
seasHet. $l.eoQ1.75; Tennessee. $1.25 q Is {.
ssparasus. California, box, IS 20; Georgia,
Sfste' $44lS: anise, Louisiana. barrel So.
New-York tribune., 1922-03-24
Consolidation 10
Include Five BIG
Roads II Runnored
Pere Marque,te's At,enp, 10
Gain Control Of Ann A.
bor Said 70 BE Starter
for More Extensive Deal

Newman Erb. president Of the Ann
Arbor Railroad, yesterday confirmed 70
ports Of an early payment of dividends
on the preferred stock, stating that
Disbursements will start with the quar-
ter beginning April /, according 30
present plans. In anticipation of
these payments the company has put
chased 100000 par value Of It's $1,000,
Geo first mortgage bonds which have
been set aside to meet any eventual
ites in connection with distributions
to preferred share holders
The PCre Marquette. Mr Erb said,
"has negotiations under way with the
PRINCIPAL owners of the Ann Arhor
Railway Company stock looking to the
acquisition Of its control by the for
mcr company"
In addition to the Pere Marquette. it
was said in financial circles yesterday
that another railroad has been nib
bling for control of the Ann Arbor.
There is talk that if a consolidation
comes about, it may ultimately in
cludc the Nickel Plate, the Glover
Leaf. tho Pere Marquette and the
Delaware, LaCEaWauna & Western.
W bNilJ dElN' li'tl tll' H'kpt lfi+ ~ -
by which tho Perc Marquette would
gain control of the Ann Arbor, MIR.
Erb pointed out that ;he company dur
ing period Of upward of twenty-five
years averaged net revenue approx
jmately twice its interest charges. For
1921. it is understood, the road showed
o net income twice the fixed charges
Freight earnings for the first two
weeks OF the current month, accord
ing to Mir. Erb, showed an increase eX-
ceeding 40 ner cent over the CORE
spending period a year ago
contract has just been concluded
with the Pennsylvania Railroad for
the use Of certain Of the Ann Arbo,
terminal trecks in To!edo and to the
Michigan State line These terminals
arc also used by the Pere Marquette
and Wabash The Pennsylvania is tc
spend 100000 for bettcrmcnts to han
die the increased traffic. st present, II
is stated that rents from joint facili-
ties are sufficient to meet 40 per cent
of the Ann Arbor's total tiNed charges
New-York tribune., 1922-03-24
Bonds

yS006 Am Gas & z 5e 81 80. ~ S4A.
5oo1 So99 Elsc e. Pco Is 64i2 e4is G4M G4ie
5000 keyst Tel lst 5Y y u Y -
2O7oo Phiis Elee 6s..l0l y G02ig l9tAs Io2
z00o 90 bs. ,.... % 99 9s g.
5000 Rdg gen 4s.... 64la S4Is ~ S4i.
5000 Rdg Trsc 6s. .1Oi 10i l0I i0i
1000 Spanish Am 5s.1001s 100 = l0n1s i00ta
1909 Tn Rys Is. S4ss Sass S4t. Sfse
New-York tribune., 1922-03-24
An Interesting Problem

QUESTION My fsther is a retired rItq.toq-
n.y IVlng in Toxic IT." j. seventy soven
p"aS o. a a. tl' has " salary upou which
ne ahd my mpther are able to live ,jlnulv.
rut oon1fortably. ss they go. a houee nl'J
o"ct"fs bil@ freo from Inc h,ard Wilhln
me iAst two years ho has como into n
etR"'3 from IN old friend lie has about
>>i'"0o IN st"cla Of a good grsde such ~
H'H'tH tIectrc. Pullman Company. Baum
nm. ''t, oinpanT. North American Com
Capital Tractiou CWashiurton) nud POM
.tiN"W' HHIiro8d. thc bunk ia the first
,H1oe ,,o m"nt5Ghed, This nets him a utt}e
moro IMAM Sl10Q ycsr in diVidruGs PIE
ma" rrc"ntly received IN cash as thr lal.
"nce OF this estate 81. 600 and hr gould
al"e TO plac" thts in bonds This money is
~ present in the Paris Union Bank of
IoFlo. Tho foreign branch of the Nation.I
=, hhhh or Now Ncrl, ANA tn" ttnion
Hauh of Canada. M could Lc"p tai Ell.
tir" SUM th"rc at about ~ per cont N
t''S' ON ttWc deposit. but Gc would Inc
90 paw" S"Ef suGErrtiun a4 20 selected
S't 1851 ol about ton-ss hc probabiy
Would pat about 81, 900 into each of st<
Nv :, M sn1 tssIGn- In this Competition would
above stocks. ~ opportunity Offers to
mace tho money so realized in bonds?
NouId Y"n also express your opinion ON
=; Str9us {, TO-, American Bond and
Mortgage Company Of New York and = "
2innh & Co.. OF Washington. who offer a
high rate Of interest Nigh ps Y gr-
cent on what they clajm to te 0rst e. la g
i'7u"9 an apartment houses and hotcls
spread over tho country. thou' honde bcir2
~ Nrst CAIN, not only on the real estate.
but on the earnings OF the Motel or house.
furt her protected. ra thcy claim. bg a
monthly pay mont OF said earnings nuu an
annual reduction Of the original loan -
several oC iny friends sVcar by these
StraNs bonds. ana an Wondering ~ the
day might not come when they viii po
investing tho $1,000 of my father would
bc bonds issued on basic Industries OF our
| country. such as stool. railroad equipment
or real estate, packing houses. public utUi-
ileH, ctc Thank YOU very much FOR your
trouble i'm answering this letter. feel
sure that your advice has saved many an
ignorant investor from the t'msy securities
oHered on every e!de.--C Is J.
Answer The problem you place be-
fore us Is very interesting and we arc
glad 10 give you all the assistance in
opr power. First, with regard to your
fathers stocks: We are inclined 10
question the advisabilty OF holding
Pennsylvania stock under present con
ditions 1t seems improbable that the
company will be able 80 resume pay
ments of dividends at the rate OF 6 per
cent in the near future, and some pcr-
sons believe there is doubt as to
whether the present rate Of dividends
can be maintained unless costs are re-
duced. BY purchasing American Telo-
phone and Telegraph stock your father
would receive larger income and his
New-York tribune., 1922-03-24
international Cement
Common Earned $4.3O

The International Cement Corpora-
ton closed the year ended necembcr
II with q net income OF S1.457.SSo.
equivalent, after providing for prc
terred stock dividends, to $3.50 a share
earned on the 324,693 shares Of com
mon stock. This compares with n net
income in 1920 Of S1,7So,0o0. on. %6.62 u
share earned on the 26S,429 shares Of
common stock
The report for the last quarter
showed net income Of S189,2G3,
quarter. Gross sales totaled 81 Az, ,753,
Z decrease OF $841,749 from the total
in the quarter ended September 30.
Not profit amounted to S291I60, COM
pared with S674,9S3 in the third
quarter
New-York tribune., 1922-03-24
Exports of Corn Increase
February Wheat Shipments
Show a Decline

WASHINGTON. March %. American
exports of corn during February in
creased during February. as compared
with the same month last year while
exports of wheat and cottonseed oil
last month fell off sharply from Feb
ruarY, 1921. The February exports OF
corn amounted to 22,052216 bushels, OF
value OF $14,020,000, compared with
3.14d,346 bushels, valued at $G,91S,863
in February. 1921 Exports Of wheat
in February were 5,576, $50 hushel-
valued at s6,982 go, comp pared with is
406, Ill bushels, yoiuod 1t $3G,S36, ,026
i'm February . year ago Cottonseed
oil exports last month vera 9,097, ,374
pounds, OF value OF S7GA30G. com
pared with 316a9 1896 pounds. valued
at &l216.1I2. in FehruarY. 1871.
New-York tribune., 1922-03-24
Export Demand for Cot,ons

Although domcstlc demand for mcst
lines of cottone is slowing down con
sidcrnblY. some cheer is found in the
fact that the export demand is incrcas-
ing in many directions. Brown sheet
ngs have bceN bought in considerable
quantities Of late for expectation to
the Levont and Far East. Low grade
Colored cottOns also have been we'll
sold for export trade. Cuban and
South American buyers are beginning
to come into the market here ard are
understood to opera ting in a fair way.
Credit conditions in Latin America ac-
cording to some members Of the tex
tile trades here, have improved greatly
in thc last few months.
New-York tribune., 1922-03-24
Elk Horn Coal Shows Deficit

:. The Elk Horn Coal Corporation, in
us earnings statement for 1921, showed
:: net loss, after expenses, deprecia-
.!on depletion and taxes, of $3.50, 900,
eeo9htrasted &c with net profit in 1920 of
Si,9V4,754, equivalent to S420 a share
earned on the common stock. Gross
.stnings totaled $2,195,l58, compared
p plth $5,374,049 in the preceding year
'front.' y and loss surplus as of December
sao 90 stood at S909, $40, against S1686,-
ssz at the end of 1920.
New-York tribune., 1922-03-24
Commercial Credit

Commercial money, after frming ur
on Wednesday, was easier yesterday
More commercial paper discounted n
Az per cent and the demand for paper
was stronger.
Bankers acceptance rates We're slight
ly lower. The American Acceptance
Council quoted the following discount
rates on prime bankers acceptances
eligible for purchase by Federal Ra-
senr.n hanl-e.
New-York tribune., 1922-03-24
Southern Pacific Net
In February Nccrcascs

Gross revenue Of the Southern Pa
cifc Company in February totalcd
$17,232,805, which represented de-
crease OF 81 BOB 1896 from Jaauary's
gross and decline of $2.507,G12 from
February of last year. Net railway
operating income amounted to S1.318,-
$40, which was $l20,969 under Jan
uary's income and S554 ,i93 below Feb
ruarN. 1921.
New-York tribune., 1922-03-24
Federal and Joint Stock Land Banl,
Bonds

Security. Rate. Due Bid ASK Yield
Federal Farm Loan 5s
19$o-l99& .............loOis l0I}. 41s
Federal Farm Loan SIS
l941-I9%I ..............I03l. I03@. So
Federal Farm Loan {iss
i929-l92i .-.......... 80 100 $50
Federal Farm loan 4sss
1888 % ..........-. % 100 90
Federal Farm Loan 4ias
1937-1922 ..... 90 100 "a
Chicago JOINT Stock Land
Bank 5s lQ87-'4O.....l0I 1O9 $50
CHICAGO Joint stock Land
Bank 51ae. fq31-'5l 10t 1t5L 500
Chicago .foint Stock Land
Bonk 5s. 1851 ...... go, 1O0I. 90
New-York tribune., 1922-03-24
w heat
Yostordav'z PrAvious
10y r
Flour and Meal

Yesterdays Previous Year
New 0rE; close close. ago.
o. w, b St.i3 S116i. S1.65 y
New-York tribune., 1922-03-24

questions Of gcuerot interest 10 in
pfsfors "'H BE- onawercd IN ttis col
mnh, IN which case only iuitiuls wiii
De used. Othet7 lUiu bo answcred bv
md'L Address all Inquiries. 0iclos-
}Ipo9 8tdmPed, odGreoscd rrrclopc. 70
fr'o0Hc'oi Ed'tor. The TtibunG. l54
'Na3aa" Street. Nc,O Yo,t city.
New-York tribune., 1922-03-24
Duquesnc Light Nel Increases

.Nct income in 1Q2i Of Tie Duouegnc
.a L'Snt Company, attog charge and
pared with Il net income in 1920 Of
$3,362,347. Gross earnings totalcd SIG
o53,3t7, an increase of $l.048.l74 over
the preceding year. Net earnings
amounted to $5,646209, against S4,603,-
526' Atter common and preferred div
ldends there was surplus of $2,145.-
sos compared with $l,A9A134. az Of
December 81 1000
New-York tribune., 1922-03-24
Middle West Utilities EARNINGS

For the year ended December 81 the
Middle West Utilities Company re-
ported a net income, after all charges
and interest. of $1,6l6,326. The bal
ance sheet showed notes and accounts
receivable of $3,444,433, against which
were accounts payable Of $62,930 Cash
in banks and on hand totalcd $58A449.
New-York tribune., 1922-03-24
y Ct Penn Traction Earnings

nc West Penn Traction & Water
Po"o7 Co., iu its earnings statement
for 1921, showed a not income. after
chafge and taxes. Of $l.464,5 sos. con-
pared witt SLlo6, $50 in the preceding
Eear. Cross earnings increased from
.i3.601af9 in 1920 to gI4,189777 last
year Net earnings amounted to SO.
@45,loo against $3.357507 in 1920
New-York tribune., 1922-03-24
Sugar and Coffee
Raw Sugar Futures-The range Of prices
Coffee Futures-1he range OF prices:

Open. High. Low Close. c
New-York tribune., 1922-03-24
Dividends
loci,a = E(iH;dcnd

Date Conpauy. Per c'
March -4-.t Chalmers MIG 80. d : $
Narcn 24-Auer. Brake shoe x Fdv 90
March a. Burns Bros pc.
March p -t-C1lQ. bulatIng- Record 60.
IarcH Co. Fisher Body Ohio co. pf ?
March 35-fier. cigar SO. inc deb pr 8
Niafrh 1t-i -land Creek Coal Co....
Hareh 1t-- dir pt-........ ...-......-.. ! 1
March 1t-NaiHnsso s. 60. or. RI IF / :
March -t-rnnI Creoh Coal 90 ......
New-York tribune., 1922-03-24
Toronto

Riordou Pup Il Paper old com as
DO new com. m.......-.........-7
do new pf........-. ........ ST. -
New-York tribune., 1922-03-24
Believer in New Haven

Qnestion.- Il am a native Of New Eng
land and have boon brought UP TO Iook
upon the \. Y. y. H. & II. r Il A. one
"t tho permanent institutions having gone
- schoo on thcso trains and travelled on
lheW ever since. | am putting away 81. 900
for my boys schooling Yale. proba bly,
witch he Will ueed in about ten years
Why not purchase 50 600 H. Y. X II &. II
per cent bonds. present price about SIS.
lent II eafe to assume they could be sold
for 1900 ton Hearg htncc9 in the mean
tim" tho interest would amount TO $500.
We NeW En%larders can't imagine such \
'r}uW as tHe New Haven road gong en-
tFelN IN tho rOcks Evan II II shonid 20
'n., he hands Or receivers or should un-
uergo a REORGANIZATION. you'd not these
bends pc Worth the present market price
i r
Answer The Kew York, Now Haven
Hartford has lust been granted an
increase in the division of through
rates into and out of New England, but
it is still a much smaller division
than that asked for originally. and We
doubt whether it is going to be of suf-
liclent help greatly to improve the
New England situation. Faith can dc
a great deal. but the New England
railroad problem looms larger than any
mountain we know of having beer
trund]cd far BY faith.
New-York tribune., 1922-03-24
Southern spot Markets

stssdy 20 points lower at 1880. sales
90 bales New rltans. steady 13 lower.
At 1880, sales. t.072. Monte. nominal
!. lowsr. AZ 16.3sc. sales. nU. Savannah
iolk. qu!et. % lower. at l7c. sales. los.
Augusta. qmet: 12 lower. Mt i6.Ssc. sales
.;2 Memphis steady: - lower a' ne:
Sies l.250 Houston. steady. - lowe~.
q 17-5c. sales, 2.671. Little Rock. quiet
unchanged at I6.75c: sales. 3c2 pallas
steady; Is lower. at 16.7bc: sales. I99A
Montgomery, steady; - lower AZ 1850
sales, 4ao, Fort Worth, steady 10 lower.
New-York tribune., 1922-03-24
Answer We do not think that Gen

Four (ull columns Of in.
restrnent questions and an.
srerS 1riIl be published in
Ihe Tribune erery Sunday
and Monday. On other days
one fnU column ,oiU appear.
New-York tribune., 1922-03-24
Holds Good Bond List

,o,', 2I's',on-I ',I, would like your .,dyicc +
hoId city OF lyous +. Cit4 Of Coren-
h2hEfn "a. le42; putch J1as Indios /
an'4ian >; l92G: $4,000 Liberty bonds. /
We" YORK Telephone | have 50 00o to In
Nct'. would lke per con, it roeaibrc
nat oi the Missouri Kansas g royns 6s
s@'les = For nrst-close bond uay DO
,ar% ecu 80 low Ny Canadian bonds were
tom%'l t'n,'l Nt I'D vas thinking Of aelling
u"In ana also $1,000 OK my Liberty. Io2s
-, 'tE @ ma buYinR somothlug clgo. what 90
3'D' 'H,"" OF the incIosed CrujkshanI &
'"'' N'ndi| advise what TO dos y. A
Answer-four bonds are eXcelleDt
ana we can suggest no way Of improv-
ing the list. Missouri, Kansas < Texas
OK y arc selling 10 yield (Ae high re
turn because they are unseasoned. new.
ponds OF road just roorganizcd. This
means that the speculative element has
not yet been eliminated. The com
pahy has been reporting good cam
lngs' and tho bonds seem attractive
as s n a 5necul u.llative investment Stocks
or the Cruikshank Company arc specu-
lative.