davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-05-28
Wants to Take Profits

Question: have n considcra ble profit in
acme shares OF Columbia Gas and Electric,
and would like to realize some Of tho profit
without reducing my income. What Ia
your opinion Of Chandler Motors md Grent
Northern preferred Tor a husnoss man 8
v'S'1nont2 Arc tho present rates of divi-
dcnd likely to le maintainod2 Is there any
other shift YOU can recommend in pref
orcncc II. T.
Answer If you hold securities for
an investment you shoulG not be
tempted to sell just because the stock
you hold has advanced in value. When
you talk of realizing profit on an ad-
vance in price without reducing your
income you arc vcnturing into the spec
ulative field. Neither Chandler Motors
nor Great Northern preferred which
to all intents and purposes is a com
mon stock-can be classed as the equal
in investment qualities of Columbia
Gas and Electric. Chandler has been
dong we'll for several months, and this
has been reflected in tho upturn in
prices. Great Northern has been sell
ing almost at the Same level as North
orn Pacific, whose directors not long
ago reduced the dividend rate from Z
to . per cent. Is this an indication
that traders believe that the dividend
on Great Northern viii be similarly rc-
duced at the next meeting of directors?
nat is question for you to decide for
yourself.
New-York tribune., 1922-05-28

m your Tocent tTanSactlOn YOU appar-
entity sold stock which you were un-
able to deliver. Presumably the broker
borrowed tho stock to complete the
transaction, expecting you to make good
either with stock or cash. In common
pracuce, If seller is unable to make
proper delivery by 2:l5 p. m. the fol-
lowing day, the sale is automatically
Cancelled. If your broker borrowed stock
to complete the transaction, he might
reasonably expect you to buy stock to
return the loan. From your letter we
Judge this is what happened.
1t now seems that your original stock
was sold to meet the unpaid assessment.
IN such q case 1t is common practice for
companies which sell stock for assess
ment to remit to the original holder the
New-York tribune., 1922-05-28
Trustees Service Systcm

Huesuon-As a constant reader Of your
talued coiumhs, would be greatly obliged
loi any information you could give me rel
atINe TO the status Of the Trustees Sys.
Tern Se-vlce Corporation. of Chicago. I'M
C. w. T. -"
Answer-The purpose of the Trus-
tees System Service Corporation, as
outlined by an official of that company,
is to make loans to applicants whose
character indicates their responsibility.
Security in the shape of three indorse
mcnts to all notes is required. This
company proposes also to engage in an
insurance brokerage business. 1t is
too early to determine whether tho
pan Will be successful to the extent
that satisfactory returns can be made
to stockholders. The purchaser Of
stock IN this company is taking the
lsh 'ha' speculative commitment en-
New-York tribune., 1922-05-28
Oil Business Hazardous

tuestion-As reader of your paper will
?ou klhoiy express an opinion regarding the
International Petroleum Company aisS ~ ~
IN I'm periaI OH Company, both of which, |
lli, luniderstand are backed by the STANDARD
OH CoInpany.--F. r. b
Answer-The International Petro-
1eum Company is subsidiary of the
Imperial Oil Company of Canada.
which is under control of the Standard
Oll Company. Any oil business is more
or less hazardous, and although these
companies have demonstrated what
foresight and good management can
accomplish, we regard the stock of
el'her as speculative and the owner
Oh shares should be in position to
accept a VARYING RETURN
New-York tribune., 1922-05-28

difference between the amount of the
assessment and what was received for
the stock. We Judge that in this case
YOU failed to receive the balance, and we
think YOU are justified in feeling that
YOU have been unfairly treated by the
independence Lead Company
1t is improbable that the company
would allow you to pay the assessment
now on which you unknowingly default
ed. thus permitting you to make your
stock valid and recover your loss, but
we believe YOU are not unreasonable in
expecting the company to remit to you
the difference between the assessment
ard the price at which it sold your
stock
New-York tribune., 1922-05-28

during April We're yarns, textiles.
'ioeh'ng and millinery" with $4,000
euiiders, and "vehicles. ships and air
planes'' with an increase of 10000
guilders.
Groups showing export decreases
WEI we're vegetable products with s,O0o,-
wy gullders; "animal and animal prod
uacts' with 100000 guilders, and
10 and comestibles,' with g.
100000 guilders.
New-York tribune., 1922-05-28
CASTOR, Williams & Wipmorc

., question have 300 sharos CASTOR
W iliiams 4 NiRmoro. As IT is in the handT
oI receiver please ten me can 7 sell tn,
stock Saturday it was g. Would I re-
c'Ive q for it"-E NJ.
Answer Castor, Williams & Wig
moro, Inc, is in the process of liquida-
t'on under the direction Of receivers.
Inc assets were sold to Castor & Co.
and the process of liquidation is now
beng, continued. Until this is com
plcted and the receiver announces the
result of his administration the value
Ct the stock Will not be known. It is
= question whether anything viii be
icft tor stockholders. That explains
why the shares are selling so low. A
quotation Of 3s means that 6212 cents
snare less the usual commissions was
received for the stock on that sale. If
you ordered your stock sold "at tho
market you would receive what
buyer offered, which might or might
not be e.
New-York tribune., 1922-05-28
Inquiries Should he Siuned

Inquiries addressed to this DEPART
ment of The tribune arc regarded as
confidential, bit to show the writer's
good faith all should be signed and an
address should be inclosed for ren]v
Letters from the following are being
held for Identification: V. A., A. H. f.,
- Martinsburg, W. W, L. H.,
n. c. W., H. W, f. F. F., G. F. K
!. .. G., ". J. F., tx. Y. H." NJ. V. b.
X. H., II. L. NJ. Miss l.. w, A. P. J.,
and B. w. 80 y
New-York tribune., 1922-05-28
Investment Information

Questions Of general interest to in
restors soiU be dnspered in this col
m'an, in ichich case only initials sotU
be used. Others tciN be dnspered by
mail. Address oil inquiries. 'nclos-
ing stamped. addressed enuelope, TO
Financial Editor. The Tribune. 164
Nassau Street. Nem York City,
New-York tribune., 1922-05-28
Indiahoma Oil SpecuIatives

Question: haVc been advised by y
friend OF mine to buy India homa oil
shnrcs. Will you Kindly advise me through
your column your opinion rs to this stock
as an investment = H. N.
Answer-Thc lndlahoma Refining
Company was organized for the pur-
pose of developing and operating oil
lands. The hazard in the nature Of
the business makes the stock specua
two
New-York tribune., 1922-05-28
Liability of Stockholders

Question: shall he glad If you will xivr
me the following informa ton Is a stock
holder a director of a company incorpor-
ated in the state Of New York liable for
expenses or debts incurred by the company =
+. w T.
Answer-A stockholder of company
incorporated in New York is not liable
tor DEBTS and expenses incurred by the
company unless he is an officer or di-
rector, and as such has directed the
payment Of money wrongfully, in which
case he may be held personally respon-
sible.
New-York tribune., 1922-05-28
South African Wool Expo''. :,

South Africa shipped to the II
Kingdom 162,21o,3oo pounds OF WV -,
1921. an increase of SIS per eeh' OIL
the previous year and represen''as ),
per cent of the total wool impol Gen
the United Kingdom. says CSaSsir C.Ssir Is
eral Winslow, Capetown. mo"a2l ~ 1a2l, 0
ports were l5,5Os, 100 pounds IN - iass
so per cent in excess Of tnos' "
New-York tribune., 1922-05-28
Bombay Mills Busy

BOMBAY spinning and weaving mills
.sre fully engaged but bleaching and
dyeing mills have suffered from the
popular demand for plain goods fol
loving the homespun (Swadeshi) ap-
peal OF extremist leaders, says Con
,spl ,Winship. Bombay.
New-York tribune., 1922-05-28
Trade in Sporting
Goods Continues
On the Upgrade
An Industry That Escaped
Downward Swing, Except
i'll Prices: Increasing IN
terest in Athletics Noted

~ 81 : ''V" ''N0>e'
l1E from the depression. but the
sporting goods trade is ono jrdustr,
A..
VIA "PPea'9 10 nave escaped lh'
downward swing. except in prices
cd = WOW. ho,,,,;.,.. ,1-,l.-.
- 0.'''.'e <'''''N "' d i"S'c'
CLIP than ever before.
we harly noticed the depression.
said the hoad OF one large retail store
"and our sales figures nov. at cor.
scrvatiye estimate. arc fully - pel
cert ahead of last yc.. Remer,Icr
too that prices hav declined in The
meantime Our bcst tennis racket
which sold year ago a; SIS. now 81, $
A. $3.50 Our best golf ball. retailcd
last year at 81 1t ROW sells for IS
cents Similar reductions have been
made All through the Inc Of s2art5 Nc
goods"
What S the reason back Of this
vogue for the so-called individual
sports. which feed the sporting goods
stores? The profits made on team out
fitting are small the sporting goods
peoQ. Tclarc. and there has been only
2 slight Increase in such business. It
rs -hc greater number of individuals
Wa arc op$ ihg ,"nnls rockets and
''ai.s' SoH citoS ""0 uaiiS' UShlnf rodS I,
s.1Fc"' S" mn ming Su'VS ana
'o'ue% oi az 'e.cI pIoHS nav
,he 'o'4i SaIFs o. u'e SPof1'flH
Looe1 STORES ana factories 20 great pro-
portions.
War As the Reason
The w was the answer given by
a half dozen sporting goods people.
~ ae war and natural contagion,' SAID
fTr -rDrtf fnrr erDarlz man ~ rrOI1friN
New-York tribune., 1922-05-28
For lnterborough Stockholders

me c'ues',on- sa,',n NH YOU. kindly state what
In' STATUS VIII be of the profarrod ana
f9nGn If ph@ nIa ntferhorongh nf Metropolitan stock
htted comes through "A. f. 9NO
Answer-The stocks you have in
mind are Interborough Consolidated
common and preferred. IF the read
!ustmcnt plan goes through there will
be nothing left for tho holders of these
stocks apart from the possibility Of
occurring some Interborough Ranjd
! transit stock by subscribing to that
portion Of the 6 per cent notes not
taken ,,k by the lnterborough Metropolitan
az per cent bondholders. 1t is im-
possible at this time for any one TO
State now much of these notes will be
lelt over and how much Rapid Transit
STOCK there Will be to apportion among
the Consolidated stockholders who suh.
scribe to the 6 per cent notes. Outside
of TINS possibility of acquiring a little
rapid transit stock there is no equity
for the Consolidated Stockholders
whether the plan goes through or not,
New-York tribune., 1922-05-28
Spicer Stock Speculative


Question: have been following some or
your investment suggestions and fhev ha va
- oN'u very good ! am now told to buy
;Eprcer ;n,r Ma Manu,tacturing Company stock sell
iils around vi share. as they are going to
consolidate with some ether manufartI,ro
WI WI, c"ncern ,n or buy it up. and eventually
VIII pay big dividend. | know Won don't
@ naNise as TO speculative stocks but can
you give me any information rels tive -
splcer Manufacturing Company ~. l..
r, Answer The Spicer Manufacturing
company was incorporated on October
IL, 1916, to take over several nlants
manufacturing automobile parts. The
present capital consists of $4,000 900 3
per cent preferred and 100000 shares
oi no par common stock An initial
olvidend OF 90 cents on common was
pald August /, 1920; none since. There
~ ho'nlng IN the history of this COM
pany that would warrant a classified
ton of the common stock as arvthino
but speculation
Management Factor in Bonds
Question-Will YOU give mo ,,o,,,.
or per cent debenture gold bnnds nni
n, "'rI SSnarlhS certificates of the Beneficial
11ndton 1|"n nocie,y ~, now being sold by Clarence
,9'i !" 20. ] appreciate the Imitcd
,o, ,'l"i iMeuaDinty or these bonds, but thai 10
terost ussenIiaI; 1 safety of principal and in
n5ent an ana the soundness of the manage
terested in-M w. C. IN
Answer-The Beneficial Loan Socio+v
uebentures are direct oblpat;on ~
Ihe u society, which was incorporated IN
Delaware in 1913, but are not securad seu al
Oy mortgage The bonds have ~
ority over the equity and interest of
holders of the capital stock Tbov or
nave a profit sharing provision wbicS
mas yielded in addition to the ree1lar NAV
o per cent annually, / per cont in
1914 per cent in 1915 and 5 nor
cent since. In view Of the fact thai
mere ehqi is no mortgage securing the
ob llgation and that Clarence Hodson
Co. make the market for the bonds
thelr security depends largely on the
ability and character of the MANAGE
ment Although it is not within tbe
scope of this department of Tho
lrloune to pass on the character of
ohe management Of Hodson e. Co. II
may be said that recent financial stare
ments of the society show Increased
earnings and steady growth in bmsi-
ness since its foundation. The soc;etv
makes small loans to individuals ana
operates under the supervision Of eanh
state where it has Offices.
New-York tribune., 1922-05-28
Problem in Unlisted Stock


SI.'' 'o" -'s r'aHer "f your paper
'SIie your aGVlce on an Investment in
9,"CN "I th' arNhf standard Carbide
y, "Iup ,N, ~, WIN eNGcuilNo offices at .
i"ir' eNcnth street. NoW York
,'S' IA July lF-U subscribed for forty
I'N sh"Frs or lret"rr"d stock in above
Hehtloned company through an agent OF
and efvnr s'IFy two n4{eE natra h5f 'S2253 g doMn
the I.f,, hslance due in th'rty anI sixty days.
TO cancel thcm could DO So 'i,% by ',,,. @L.
the c,9,ponv m naIs paio n1,,o ,,o n5 did but
,ers When due the notes werN Forwarded
December 1890, placrd the }' mstffr matte IN n
A!norann ma mas ol lhG service bnrnau Of rhe
have not been able to hcIp M out. How
called and staind thnt he 'ns hsd = ,,,'.; ~ - o.
ton ti' t.. to make to me wheeoby mien; save
was his rroposition IN romnnnv v.1nios l''s
ott ar me with tn" $50 toward block of
share to nav, ~, ha1a ~ '1E ~ HIVo 1%r
pcr cent quarterly divi,lrnl wouli be pa,
ahie ahie on this comm stock June l. IN ".
o. bo ~'Sn@@ J,, 10: my Won.i saIl 'hrce shares
share dnajV c19,e,I."d u'.g - "a ,ro lGl,So per
1'" shares OF comIuoa stock s.vini |haIi5
a,d,r &c, f, aIo me agent also took selling
lune at tIoz Sn Sn" ,g5 nor e. % stock to- be sold
sutng my banker he adv,sod me- 20" 20 90, roi' u,
l..eGt ,oHGh VII WIN YOU, none this letter. The
tbts offcr i''g I,i ua' unless complied with
Is this correct M. biffro t4a9o . nr 80
New-York tribune., 1922-05-28

Answer Your letter bears evidence
of tho fact that YOU are "not experi-
cncod !, tbo or. ac h,,.;u .1 -oi,:,.-
VI '0' '''e an" SelII'is
..'eAS' o'ncf"'Sr YOU "ould not hold
three such speculative stocks and
would not be considering the purchase
Of another. We Grant +bot Won oro M.
90, ;.,..o..o,. ,,.,,, ''o'
'''' SUI S''''o 'ioo'c states OH is
the only security you hold, so far rs
Your letter reveals, that pays a divi-
cend, but we do not see how YOU eS-
New-York tribune., 1922-05-28

-Four full columns Of in.
reSfnlent questions and an.
SIC sWers 'oal be published in
The Tribune euery SUNDAY
and Monday. On other dox,
one jul column ,g;U appeGr,
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-04
IN MEMORIkM

A tribute of love to the memory OF OF
my dear husband, CLARENCE
WALTER ALE, who departed TINS
life two years today, November 4th'
1920.
o how hard was the summons, =,
When the word came ne was dead;
For Daddy left US bright ana
happy, -,
If l had seen you at the last,
And held your dying hand,
And heard the last sigh from your
heart,
would not feel so bad.
l think of you in silence,
Few eyes that see me weep,
But many silent tear | she'd
When others are fast asleep
BY his loving wife
2e3-1c. and children.
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-04
MAKE YUCArAN INTO A sECoN

Mexico City, Mexico (By Mail to
United Press.-Quintana Roo is to
outrival Florida as a garden spot II
plans Of the ministry of agriculture
are carried out.
A commission from this country is
now in Florida to determine how that
garden spot SIS run" with view OF
proceeding to Quintana Roo to lay
out plans which will turn that Sc
Guided land into the public eye.
Recent explorations in Quintana Roo
have convinced the Mexican govern
ment that the deserted corner of the
Yucatan peninsula has many of the
same natural conditions as has Flori-
da and that this section Of the repub-
lie could be made so attractive a. to IN
duce colonists to establish and build
up a land as beautiful and productive
as the American peninsula.
1t is reported that the territory. OIL
Ouintana Roo is to be made into led
eral reserve lands.
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-04

the appurtenances thereunto belong
ing, located in Jefferson Magistefial
District, Arlington County, Virginia,
and being known and designated as
LOTS Numbered SIX and SEVEN
t6 and y IN BLOCK SEVEN CD
of certain plan of lots known as
PARK ADDITION to Alexandria, &C
cording to a plat recorded among the
land records of said County in Deed
Book n. No. page 231, and being
the same property which was con-
veyed to said E. j. Comeau by John
G. Graham and wife by deed dated
April y, 1922, and duly of record in
said County.
Above property will be sold sub
iect to Iirst trust for S250000 and
interest, which will become due De-
cember 10, 1923, interest will be adj
justed to date of sale.
TERMS OF SALE: Balance over
first trust to be paid cash by pur-
chaser. Conveyancing at cost of pur-
chaser,
ROBINSON MONCURE,
254-11c cod. Trustee
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-04
Lloyd George Not
Opposed For Commons
Nv Tniicd Press.l

London. Nov. david Lloyd
George was considered automatically
reelected to the House Of Commons
this afternoon when his name togeth-
or with some 70 others was unoP-
posed among the 400 nominees for
the general election.
Nominations closed at noon, with
the conservatives leading by a vast
plurality in the number Of candidates
for parliament.
Bonar Law and Lloyd George both
made speeches as the nominations
were closing Although il bad been
reported that Lloyd George in last
minute switch, would fight many hith
erto conceded conservative constitu-
encies, the former Premier's name
was unopposed by a unionist, and ne
will return to parliament automatl-
cally.
By three o'clock this afternoon
those tabulating the return Of candi-
dates announced that Lloyd George
had thrown in from Is to 20 add
tional candidates to oppose unlonlsts
at the polls November ID
Mrs. Lloyd George, wife Of the eX-
Premier, herself handed in the nom
nation of the little Welshman.
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-04
KAISER'S WEDDING
DISPELL'S ALL HOPE

Berlin-The ex-kaiser has lost
among the German people the last
shred of popularity and sympathy.
For the workingman he was long
ago an object of scorn, but now even
his old monarchist friends shake their
heads AMI utter things which in the
old days would have been high trea
son, anarchy and blasphemy.
Two recent incidents have contrl-
buted to this development They ave
the publication in Germany of the
kaiser's memoirs and his engagement
to the young widow, Princess Schoen,
aith Carclath.
The memoirs are now being pub
lished.
"Scandalous Unfair! Untrue! Pet
ty self avasion at the expense of 9TH
ersl Cowardly and Insane"
These and other remarks are heard
on all sides by those interested in an
alyzing what the ex-kaiser had to say.
The former emperor's remarks about
Won Beulow and Hollweg are picked
as especial examples of what Germans
point out are whining attempts to
shift the responsibility for German
blunders and failures on the shoulders
of subordinates."
And 81 told you So" song seems to
be the theme most Germans get out Of
the memoirs. They are doing the for
mer war-lord much more harm than
good. Many of his staunchest support
ers of few months back, after read
ing the memoirs, have decided that
the remarks Of their former ruler
warrant little sympathy and freely
state their views.
They maintain the ex-kaiser would
have received much less condemnation
if he had taken the blame when the
blame was due.
The news of the ex-kaiser's engage
ment aroused CONSERVATION among his
friends "back home" German mon
archists felt that this move took away
the last vestage of chance for re-
turn Of the Hohenzollerns to power in
Germany. It was the final move OF a
deposed and discredited monarch to
undermine any confidence in his Sc
rious intentions to regain authority.
And now the ex-kaiser has become
a sort Of "has-was' joke about the
land he formerly ruled with an iron
hand. All sorts of dirt, alleged
romances, petty digs and cheap with
cisms are being banded about at the
expense of the former kaiser and his
new bride
The German press, with the excep-
ton Of few ultra-monarchist sheets
is filed with jibes, humorous poems
and supposedly witty illusions to the
exiled emperor. And they are but
the reflection of what the people think
of the man whose name once struck
awe into the hearts of those who now
hold him up to ridicule.
Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-11-04
PROSPERITY MEASURED BY
BY Robt. A. Donaldson
my United Press,

San Francisco. Nov 2.-Tha rest of
the country may resort to such anti
quated methods of gauging national
prosperity as the United States Agrl-
cultural Departments indexes and re-
ports or the trend Of the stock OK
change, but California has a method
of its own which it believes is even
more efficient.
1t gauges national prosperity by
the annual tourist crop.
Prosperity has increased twenty
per cent during the past twelve
months" chambers Of commerce and
business bureaus throughout Californ-
ia are declaring in the fall of 1929.
They base their claims on the fact
that railroad travel is twenty per cent
higher now than at the same time last
year.
Furthermore, railroad reports on
reservations and inquiries indicate
that the same condition will prevail
throughout the winter.
The Southern Pacific and Santa Fe
systems are preparing for the larg-
est crop of tourist ever with the eX-
ception of the year 1920. And even
that may be exceeded.
1t will be necessary to run many
extra trains to California this fall
and winter, railroad officials state
Already the present scheduled trains
are crowded to capacity, and second
sections" are being run.
San Francisco hotel proprietors re-
port the largest number Of advance
bookings since 1920, and, in fact, for
many years past with that exception.
Los Angeles is wondering what IN
the world it is going to do with Its
tourist crop. Already its streets are
too crowded for comfort. The prlnci-
pal subject Of conversation IN the
southern city is the question of auto
mobile, street car and pedestrian con-
pestion in the downtown district.
San Francisco, with its wide thor
oughfares and its big hotel district IS
ready to cope with the problem. But
apartment house keepers and owners
of flats are reporting an unprecedeht-
ed fall demand
Smaller cities, figures indicate, are
heavy tourist trade is being prepared
for by Long Beach and Pasadena, al
WAYS big caterers to the tourist trade;
Santa Ana, Riverside, Redlands, San
Bernardino, San Diego, Santa Bar
bara and many other towns in SOUTH
ern California, and by San MaeeCo'
Burlingame, San Jose, Berkeley San
Rafael and similar towns, IN the re-
gion of San Francisco. -.
Twenty per cent sure" is the state
ment of practically all bodies when
keen track of the tourist trade.
"And that means that the country
has picked up at least twenty per cent
in prosperity experts say.