davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-12-13
Hercules Powder Exchange

Question II enclose herewith c.rculafa
received from the Hereuio, Powder con-; ON;
pnny. regarding Aetna Explosive II
series bonds Being the holder of small
block OF these bonds. / am rather Al \ loss
10 know what 20 do. Ihe amount IN.
voived ~ small enough 20 that / tm not
worried about It and the only dlrculty
with nc bonds, as they nov stand, is the
hard looks received from the coupon
teller IN the bank when / put IN snsh
niniatuve amount for collection: nave
followed this company from the hrsi. being
among the unfortunates who tell tor tnS
Ola Aetna Explosive preferred stock our. l,l..
ing tho days or pre-wer DOOM h..ss..t
stuck tight because I didn't know Mh' MhA'
eire 10 do, I have managed TO break even.
Now they want me % exchange W Tor ~
par value. present value ol BOMBS uhhhVMs'
and present value OF pfe,ieisee s'ySH orsr "a az
inducement for the trade, is bettsr mark't,
ability. a feature which does not lnter.ss nter..
ne and the hope that tho pIettllv. -,
20 10 ifs, a rather doubtful proc'ealnh q
best. what is the status Of these SORTS -
bonds As .sgarda the earnings nt me heI-
r,,ie. Company7 How has Hercules rie-
fsrred broader and better seSus,s i,,,, :, .ness
outlined would you advise me 70 etitns
along with them. make the e1ensntS 80. ~.
nay n small amount 90 even Up t"o .k.-
70 BE- received. ana ihgs nv Srs, in-
vsstment o. hang on % the bonas ~ ~
continue 10 deposit postage stamps 'A 'N'
bank7-H. Z. s.
Answer-The exchange Of Hercules
Powder preferred for Aetna bxplosiyes
aB" bonds in your case, II would SEEM
IA matter OF personal choice. For a
person desiring 10 realize on the pohus
al once or desiring greater mArket-
ability. the exchange seems desirable,
hut since your holdings are aPparently
small and the question Of marketao,slty
or permanency Of Investment Is negligi-
Sle the exchange Is Of minor import.
anee. we believe. We do not see tnss
your security or income Woulo oe
greatly affected either way. lou
would accept a reduction in par vaiae
Of holdings, Of course. by making tne
change and this may be inadvlsaole IL II
h appears 10 you that the hereulSs nAuSs
powder Company will call the pohos
TO- rcdemption al par on four veek
notice as t has the right 70 do under pdr
the terms OF the bond issue, proviSee
an tho "a" bonds are first redeemeu'
New-York tribune., 1922-12-13
Tho range Of prices:
TOnen HiKh. Low.
Country Produce

49,. p,ceipte were i2ii6 pacAas J. !,
=, H',y higher than extras. 10 81 y
SSltte- esfras. s2 score. 5ihc. htAls. 80. 80 A. 4
rgLr. seconas. 4a4 - sc - ion-l 80. ss
n tzc; centralized cAfs' 100 tsG t6tsc:
score seore' t30 sc: untalted, highsI
- I" s'rae $50 q 57i1c; extras. ~ .-oi
nc ~ gee. flrsta. f7ii y btlse e1tneiI y,
%4sEc. lover grades ts4tt ertras.
sforaFe high aconng'- 9..onas 4gi, Q
q &c. dstrv ftbs. finest. s2h s'1e !
sc rrime tTQ5lc; common 70 ~ ~
t9yu i"dise current make, ehtr1sf ~ ~ y y
~ ,t,.,s s7NsstC. seconds, spHs' ~,
49,, gradee s405gc; pachins 49,. 80,
INT MAKE. No. /. stci No - ''1'
grades. soaSio. -. x.,v
cbeese-Receipts were t.t.i ooh9s So
YorE state fiata. June =. aIs' New york
~ ~ ~ Z. II ,i..s fresh specials. ~ nc eFe.--te
eta' s7r- wisconsin. double peisie94'. 80 ~ !, i.
%tELc. single Daisies 80
yo1ns Americas 2sQzthc.
rcrs-Receipts were io,ozs cases fIesa M
yaffsrsd extras. dozen, 50 4sle, .'.is
Sr.tr bgd5sc. frsta. bsos9ei hst-.
tsaSec, fresh and nela, to"'i ss,bored
80 &c, trace eggs zle 4lc. H.ii'.ss
49, --s.s. vo n 230 zoe; No. ? and poofef'
ee,.'lstss,. rhects. POOR 10 choice, aTy. ~
=. - -efrtgsrator extra nrafs. charges l4lu
,.e',ntring dates. % acc. hrTa. 30 4 &c
lends and poorer. 2fQ acc, eheeA,. 20
e.iiv candlsd. ~ O 22c. refrlgerttor 49,,
nearby. s2d f0c; Pacihc coast ~ -; "a;
other Western. 500 eec IeiIltsi-,' ts4
irs,norsion process, nearby Mnite'' 49,.
~. pariac Coast whites f30ssc; Neai-
e-o brown and mixed. sz4sec. fresh Ne~
T.,sec nenrery whites uncardled cAifaA
80 -no' nearby henncry whites, cktraA, 90
csiiv cardle1e zoe; nearoy ana nsaf7s
New-York tribune., 1922-12-13
PaYors Preferred stoeks

Question-My father has t1.toe which
NJ mas asked me 20 Invest for him. Hs
owns a little farm free and clear, holds
- lppo moftFaHs on one home and
t.veQ on another No other income.
HdN'fr or this because " seems 10 anect
your fnaUera lie desires nrst Efads bonds
.f lIfitfiei stocks yielding . per cent or
bfitrr How about International Paper n
y. ltti' A. ~, Yielding 8. per cent yearly
.na - pcr cent n held until maturity, or
PUBLIC Service g. due 1853 AZ &C. Welding
e.h Der cent yearly and Ga per cent II
nAlefiif pr ln preferred stocks National
I.fad ~ Us Bethlehem steel (oidD per
s.nt, Lethlchem steel new per cent.
tuc,nie steel 7 per cent 80 ~, Great
nesthern preiefred per cent a. a.
nnbnc service per cent a. it1 and
Mortnington Pump preferred - per cent
would appreciate your comments
On ths ilsi or any suggestions on other
diaiubuuon.-H w. X.
Answer-lnternationai Paper bs, Pub
lie Service Corporation Of New Jersey
bs and National Lead preferred are
suitable investments for a person In
your fathers position. We do not be-
lieye that the others mentioned are OF
sufficiently high grade for this pur-
pose. We suggest in addition 70 the
three securities Just mentioned New
YORK Telephone 6is per cent preferred
stock and American Sugar Refining es,
1887 returning currently about SO per
cent.
New-York tribune., 1922-12-13
Advance in Wheat
Is Promoted by
Colder Weather
Lack of Snow Protection
Aids in Lifting Prices TO
Seasons High Point;
Close 7-8 to 2 I-8c Up

CHICAGO, Dec. l2.-Zero tempera-
lures. together with a scarcity Of snow
protection for the winter crop, did a
good deal to-day to lift the value Of
wheat. All deliveries touched n new
b,eh price record for the season, clos
inc 6rm. 2. 10 2lke net higher. Corn
gained 4 10 sc. oats finished at lhe
decline 70 &C advance, and provisions
varying from a setback Of l2c TO a
D.suifa much pron'-taklns and notuith. .
r.,6ire that the Liverpool market faNed
y. ~.rrond fully 10 yesterday q ADVANCE on
tbts sifs. wheat bulls here acting on crop
dsrsce nasslbliities had the adNantase
sbroughout the day except durlng few
bries lnferrala Incidentally strength OF
sie,ilre exchange more Than on.et the
= -..r.rsrt aiounaaa % upfurnH 10 LfrrpQp!
,teat quotations. and there was continued
ssrsr watch here OF reports touching pro-
rossd enactment Of credit extension meas
ufsa a. Washington. -,s...,.,. s..,
III waa a subject cf conalafrapie com
-.et tkat the Liverpool chicago MAY
..b..t rpread has vldened about two cents
4, ne fart few days owing more Or leaa
=, ~. rhrrn rise % dterilnE.
pr ths other hand. enfhuaiafm OF buy 70
-. hsre vas somewhat checked A. re-
20 IN weakness ia Argentine prices hnd on
.rrourt cf uncertainties hndctinE the
Sranciaf aifuation IN Europe.
New-York tribune., 1922-12-13
Continental Can Co. 10 Sell
10000 Shares Of Preferred

Arrangements have been made BY the
Continental Can Company 10 sell 2o'-
900 shares Of additional preferred
stock. according to a letter 70 stock
holders from Thomas G. Cranwell,
president lie stated that the company
has invested more than S7,b00,000 OF
lts earnings for the last seven years
In the extension Of It's plants and
other capital developments and t2,.
coo 900 OF this increased invested
capital is now 20 be provided by the
sale OF the new preferred.
Mr.. Cranwell said that for the hrst
ten months Of 1922. the company
showed about ss.OOO,0o0 IN proh,s,
after providing for the dividend on
the preferred for the entire year and
setting up reserves for depreciation
and taxes. The directors last week
announced a common stock dividend OF
SO f-3 per cent and q cash dividend
equivalent 70 SO a share annually on
the new stock.
New-York tribune., 1922-12-13

The Province OF Ontario W1ll open
bids to-day for S5,OO0,0OO t"enty-se"'
5iz per cent bonds.
New-York tribune., 1922-12-13
nn,lnok Not DI,eouraEIng

ousstion--I am a stockholcer m ms
Ar-e~lran window Glass Company h.fihe
nreferred shares. I also have Aoms ol ths
common stock of thu American Wiho2s"
gisrs Machine Company. when hol9a .n'
rstents and controls the opcsatnH s",.- @
ranv through ownership Of the cnilfe ',.,ii,,f
s,,on sfock OF the Giaas COMPANY rni ~.
YOU Kindly lei me have any iniel lilss.en l.,,,,,,
vou nay have A. 20 the present cehet',sn
~ these companies. The report ioI ~ W,
last rr-st year should show satlslLe'o II ,
s.rnirrs. but I should Ike 20 kn'" 'N'
ogtiooE al this time.-Sirs W. J. 81
Answer-Owing to q reduction IN ne
prieo Of glass Of p per cent IN April
1921. and one Of % per cent In jan
nary. 1922, earnings Of the American
window Glass Company for lySl Ane
le22 do not compare fayoraoly WIN
thoSe OF the years just previous. IN
cor,e account for the year ending aug
ust 81, 1921, shows an earnings surplus
81 1881 .2t7 after payment Of preferred
dividends ard deduction Of slfs,O's tor
Senreciation. The report FOR the year
endine August 81. 1922, IS expected 20
show an Improvement. The company
81, n large surplus and we see notnlnS
discouraging IN the outlook.
New-York tribune., 1922-12-13
The American Exchange
National Bank

New York. Dee ~. 1882
Al A Meeting OF tho Board o. plrector1
of this Bank. held 20 day, quarterly dlU-
fend of Three and Thres-quarter per osns
on tho capital stock VAS declared. payable
January 4. 1913 10 stockholders ot recotg
al The close of business December 70, 1919.
WALTER u. TALLMAN. Cashier.
New-York tribune., 1922-12-13
TME ar9EIEEs -, Asp 20 Inapnns ~

New York December ilth 1874.
A quarterly dividend Of So Per Ssnt
and an extra dividend Of sls Per Csnt
have to-day been declared by tAis banF,
payable on the iEd day n January nsEi
10 stockh0lders Of record Al the Gloss of
business December 2ist, 1881,
q ~ RElAN. Caahlar.
New-York tribune., 1922-12-13
s. o. Of N. ]. Common

Question - DO you regard the common
STOCK or standard oil Company OF New
jersey good lnyestment for one willing 20
accept the low current rate Of return :
What dividends does u pay now and
whon7 What - tho difference Of that on
tho exchange selling around iioo and that
on tho curb selling around $40 and Il there
any advantage IN buying one over the
oiheri what DO YOU think ~ % the
calinhlo feature Of Bsll Telephone of Penn
sylyania bonds la being ured at present1
III. y. O.
Answer - Standard Oil authorities
themselves recognize the oil industry
as speculative. Therefore the common
stocks OF companies engaged in that
business are not free Of speculative
aspects The situation in Standard Oil
OF New jersey common stock Is just
this: On December IS a stock divi-
dend Of 400 per cent will be paid, so
that on that date five shares will exist
for every one share now outstanding
There Is only one class OF common
stock now outstanding, and that fs the
one traded on the New York Stock
Exchange. Tho stock that you see
listed on the Curb Exchange does not
exist. lt represents the shares that
will be outstanding after the stock
distribution has been made on De-
eember Is. and the trading In Il,
therefore, Is on what Is called a when
issued" basis. On December 10 the
company will pay q dividend Of SIPS
10 holders OF common stock Of record
November %. This dividend will be
paid, therefore, only on the shares
outstanding on November %. No div
idend has been declared on the en-
larged capital stock, but we have the
ccmpanys own announcement rs au-
thority for the statement that no IN
crease in the aggregate Of cash diyi-
dends will be made In the immediate
future. There Is no particular ad-
vantage In buying the existing stock In
preference 20 the "when issued" stock
We do not believe that the callable
feature in Bell Telephone Of Pennsyl-
yania 7s Is an argument against the
purchase or retention OF that bond.
New-York tribune., 1922-12-13
Buys Polish Bank

The reconstruction department Of
N. American Jewish joint distribution
has given lis approval OF
~. purchase OF a bank in Warsaw
polsnd. costing $4,000, which at the
.ir,e of the tran1aclion was equlya-
ient 10 $50. 900. 900 Polish marks. The
Wartfw hank will act as centrai
eiesring house 10 facilitate the work
~ re fs5 loan banks already there
~ enable Polish farmers, artisans and
snalI merchants 20 re-establish them
selves Ia hnsinsfa.
New-York tribune., 1922-12-13
I,ndeslr,hle AZ Investment

ou.atlon-I would b. pleased 20 . nav
ysvr advics on the WHITAKER fapeI ON ~,
panv arst mortgage ;o-year PEI ,,s s
sintirF fund gold bond. ANaluns SN~
advice before buying - l.
Answer-We consider the HhitakeIr
Paper Company Is a second grade pono'
The purpose Of the iseue Is 20 reduce
current liabilities and provide WORK
ing capital. Dividends on the pre-
ferred stock Of the company were ais
continued last April.
New-York tribune., 1922-12-13
Cotton Trade Factors
In the Coming Year
World Consumption of Staple
Is Now Five Bales for Every
Four Produced
BY William Whittam

In the present uncertain state Of
the worlds cotton trade It would be
useless TO predict what is likely 20
happen during the coming year. II Is
to be noted that while the acreage this
year Il 10 per cent more than last, the
crop is estimated 20 be % per cent
greater. There are ether significant
conditions which bear upon the Amer
lean cotton position in the coming
month. The predicted Egyptian cotton
crop is 10 per cent more than last
year. That Of India some per cent
greater, while increased yields are re-
ported from both China and Brasil. AZ
the same tlmo II must not be forgotten
that despite the fact that although the
world Is taking cotton at one-third or
what has come to be termed "thc nor
nal rate" II Is still using FIVE bales
Of cotton FOR every four Il Is producing.
The visible supply Is also steadily
decreasing. That OF American cotton
on December 8. 1922, was 9,o45. .s90
bales, or 675.4s2 bales less than that
NJ lnN AaNF taNN
Other influences affecting eonsump-
ton and the price az which this crop
will 20 into consumption are dear cot
ton, high factory wages, short work
Ing hours and all around Increased
costs Of factory operation. Laneashire
is on short time IN that section OF the
trade using American cotton which Is
rejected In decreased taklngs OF the
new crop. All the cotton spinning
world has tgrned 20 q shorter work
ing week. and the most serious obsta-
Gle IN the way Of n free use Of the
staple despite the fact that spinners'
taklnEs IN the United States tended
upward. stands the circumstance that a
year ago American cotton was selling
AZ around ss5 per bale and to-day Is
moving from the farms az something
like Si25 per bale.
New-York tribune., 1922-12-13
Dividends
Extra

81. Joseph Lead Company directors yos-
terday declared an extra dividend of ~
cents IN addition 10 the regular queIleIiI
March 20 % stockholders Of record
March 2. -,.
Directors OF the standard Safe Deposit
Company have declared an extra dividend
OF Per cent In addition 20 the regular
quarterly dividend Of per cent, both pay.
able December 20 20 stockholders OF record
December 90.
New-York tribune., 1922-12-13

southern spot Markets-Norfolk ateaay'
s- ,1t~te hieher AL 2bc; sales, hts balta
Augusta quiet. 25 points higher at -o'iSe ,,,. ,
soies 81 bales Memphis s,eady; la. VI
changed a. 2tc: sales l;lee b"'ss .H9Ss.
~. az bales Little Rock stWdy, un-
changed at zoe; sales, e2s bale. Dsi,a' ,..
si"sgv. nS 20 points higher AZ 254se' sales
900 bales MONTGOMERY hrm, ~ POM.
t,~t.r a. aI7Bc. sales. III bales Fort
WIN steadv. rs points higher AZ 2Aioct
coics sac bales. Galveston stenay' -
points higher a. 1890: sales. s,@Vv pe,es pe.'.,.
Se,~ orleans quiet. UNCHANGED t ~
sales. 6f3 bales Mobile nominal os,.ip-,,.h
afsadv. as points higher at z5.zSei sales'
New-York tribune., 1922-12-13
UNIrED DYEwOOD CORPoRATIoN

PREFTRRED CAPITAL STOCK DIVIDEND 40. q
COMMON CAPITAL STOCK DIVIDEND No. e.
The following dividends on the stocks -
this Corporation have been declared A div-
dend of Ills Der share (from a sum ~
aside for the payment OF ii.c0 per share for
the year ig12 on the Preferred Stock; a
dividend OF 81 so per share on the Common
Stock. both dividends payable January e.
is23 10 holders of record of Preferred ana
Common Stocks AZ the Close Of business De
cember rs. 1919.
The Transfer Books viii not he closed.
Checks will he mailed BY the New norf
Trust Company of New York.
ERNEST w PICKER Treasurer
New-York tribune., 1922-12-13
Manufae,urer. ce@mersial ,c!:s.%Tgsseey

NOTICE OF HTTIINII NITIIII ~
OF STOCKHOLDERS
NotfeA Ia hereby given that gpfciel
meeting Of the stockhclders OF tee hsna.
n. .~tursrs Commercial Company has been
called and will be held on the tQth day
on DscemBnr. A. u, is1a, AZ ten o'clock a.
N al the principal once of the Company
faitesnth hoOr 0t buildlns) 70 ~
citv 81 New York. state of New YORK tbe.
ing the same place, Ia the same cry az
he lasf preceding annual meeting ot the
corporation was heidi, for me purpose Vi
tion be dissolved forthwith, and passing
ana adopting such resolutions az may Dc
rsrtInenf 20 such proposition ana WAns
actlnE such other business 40 may bfspNiN
come before the meeting.
By order Of the board of Directors.
a. ~ HUOoiNs President
B T. sHEIBLEY, 5eeretsrI
Dated Dfeambef T. 1914.
New-York tribune., 1922-12-13
Markets in Other Cities

Sales Open. High Low. Last
l:s3 .3 e Eie5s E3I;@a 4 Si''s s',,i ~ & " z.
. y y ,lisSe.,' ,iie9y 'i,,i a. 4. ,s@ 81
DO pf. f.....-. f3b S1if s3h tsh
12i do rr lien. n.s1ofi5 fofh iot ioth
lffo Mont ward 2fM 2tS 2lM sih
100 DO u los 1o6 los Jog
3s Natl Loath nv ~ lA ~ ~
60 Pick q Co... s1R 2th - 81
5i55 PIG wiggly a. t5h ta4 So.
90 PUB Service. ,.1o1h inL = lo1h lo1h
900 q Oats Pr. 964 l6,1 % scr
C25 Rec Motora.. lM lth - 20
so Sears Rocbuck - ~ -
2i5 Standard Gas. e. Jlh 1914 1877
as do pf....... ~ fffl ~ $50
ESQ swift q C0....1ofil 100 p 100 l0eN
1890 Swift Inti..... 20 1873 y lt@
1904 Is Thompson fsH 40 N& ~
1l60 United Carbide CoA coz 90 tot
!: E E " " i 5'I9 E .t' $.... a IS II ii ii
bU s Gypsum. 68 os tb ~
l96 1Vahl ....-.' Ga blh % bflt
WriFlcy ......114a ia. ll4A 4la.t
Zf0Yeilow Mfg u 1se iesiA 1eb 1872
43b yellow Taxi. ~ i2h y f@'t
New-York tribune., 1922-12-13
London Market Quiet

LONDON, Dee. ~. - Trading was
quiet on the Stock Exchange to-day.
Bar gold was quoted At SOS I'd;
money was loaned at ~ per cent. Dis
count rates we're. Short and three
month bills, 2 9-i6G2% per cent.
Consols for money we're quoted a.
bBM, British per cent loan at 9eh
and British AZ per cent loan al %.
Closing stock quotations we're;
New-York tribune., 1922-12-13
Cnnndn.AustraIia Tariff Deal

MELBOURNE, Dec. III. a. kooD'
Caaadinn Minister Of Trade and Com
meree. has completed preliminary ne
~o.iations with the Australian Com
monwcalth Tariff Board for a reeipro-
cal customs agreement between CANADA
ord Australia.
New-York tribune., 1922-12-13
Sugar and Coffee
Raw Sugar Futures

Tho market was A duiet affair thIogsn,,
ont Inc day. traders waiting some sol. ,,,,.s y.
ar 49, Ftetinr an aggressive stand IN the
cortrsct market on the call prices were
to points higher on demand from a. q
prominent trade frm' but a. sos sS9n ~ ~ seat. ss
yt ~ ~ tSto,idatlon. only 10 recover foufc OF
80" r,99Sav losses Just before the close
when the same trade operator Tshag ,'1tecs
49, ~. "a for March contracts. fina pIlcs1
oeil,4,,. ~, ,5nohanged % ] point higher, with
s.ies esflmated a. 10000 tonr'
Tho range OF priceai Man
New-York tribune., 1922-12-13
UlFH
----
Yssisraay'S PFsvioas !,

No. sfo b..fies lLet~ 'i''~ \
I1nnr and MeAl
New-York tribune., 1922-12-13
Investment
Information

Ques,ions Of osnsrai interest 70 in-
refiors iciN BE- answered IN ihis col
nmH, ~ uhieh ease only initials iOiI
Be used. Others wiu BE- answered bv
wall Address oil iAquir4ss. inclos-
ing stamped, oddrsssfd Envelope. 10
Financial Editor. TIE Tribune, i5S
Nassau Street. Nsp York City.
New-York tribune., 1922-12-13
HALE = KILRyHN ooEFoEATioN

e.a,ed protosais Tor The sale 70 FIDELITY
TRlfFT COMPANY. Trustee. ~ price no'
10 exceed 1914 per centun or par anl -
srued interest Of a sufhcient amount ot tns
f'ir.r Nortraee Twenty Year 81 sinking
f,,ne Cold Bonds of the Hale kilburn
corporation 70 exhaust the sum 81 ts.sto.,e.
Vii bs received AZ the once of said Fideny
frust Company. Trustee; sle.9sl Cnestnnns
street. Philadeiphia. until FRIDAY, Dccempef
f6th. i91e, az ~ o'clock ~ ....
rIpEiiTY TRUST coMPASY. Tnu6TEB.
VIM r. Geat. President.
Phlisdsiphis, Decsmber tth. 1879.
New-York tribune., 1922-12-13
Central Aguirre Sugar

The annual report Of the Central
Aguirre Sugar Company showed net
income after charges ard depreciation
of s75i ,S3S, equal to $5.0l q snare on
~. 10000 shares Of stock. compared
With s667.l37. or $<.<5 a share ID the
year
New-York tribune., 1922-12-13
FINANCIAL MEETINGS
"SSoTIcE oF SPECIAL MEETING
gfs- g'rOCE

or STOCKHOLDERS
Notice is hereby given that tleciel
meeting OF the stockholders of tho Manu-
sarfurers Commercial Company has been
called ana will be held on the 1lst day
81 D-cember a. -. 1922, at ten o'clock a.
AZ Al the once Of the Company thfteenth
door Of bulidlngl No. 2gs Broad d~,sX, ia
YorN. state u New York, Tor the purpose
of dstermining whether the Manuiactur'
eru Commercial Company shall seil, dts.
sss.ts (erceot the franchise 20 b cor
uoration) by and with the consent " the
stnckhoiders. az provided BY law. ana
Dassinr and adopting such resolutions ss
rsev be pertinent ~ such sale and transfer
~ a. consanted TO- and transacting such
other business az may properly come De-
fore the meeting. ,,,.,
BY order % the Board ~ directors.
q. 4. HUG0INs, Presldev;.
H. T. sHEIBLEf. Secretary
nalnI Iaaauhar 4. llLL.
New-York tribune., 1922-12-13
Toronto
SeIIs Foreign Interest

The Columbia Graphophone Com
pany has sold its interest in the 20
Iunbia Graphophone Company Ltd. a
pr,,isb concern, 70 the Constructive
FINANCE Company, Ltd Of London,
The latter is a large financing ana
~ rfurinc concern, which coptems,
.j-tcs tbe broadening Of the scope OF
tbe coiumbia's foreign business
New-York tribune., 1922-12-13
Grain Prices
what
Corn

I.sierd.y-s Prsviou
-fr.s close
New-York tribune., 1922-12-13
PROPOSALS

New York. December T. isii
New-York tribune., 1922-12-13
Cottonseed OIL

In absence OF aggressive operations either
v-sv fhe market FOR cottonHeed OIL moyeo
Within narrow limits and closed lrresl
al points net decline 20 points aaNanes.
The near positions we're Teia,Ile.y III ,.,isv. ,,sv
inc bv december shorta and feehng or
rerronenesa over the strength IN gram.
Tho government report on the coiion, esoR
~, sbout a. expected and had little IN
C,,crcc Total sales for the day were b,bvu
barrels and there were oeINerieA on ~
ccn1ber contracts Of 400 barrels
IL r-rInnE.
New-York tribune., 1922-12-13
Paris Market Easy

PARIS, Dec. 12.--Priee we're easy on
the Bourse to-day. Three per cent
rentes, 80 francs 90 eentimes. Exchange
on London, 90 francs go centimes. Five
per cent loan, 10 francs 8 eentimes.
The dollar was quoted az IL confines
7 francs.
New-York tribune., 1922-12-13
- - 81 4 nANaHARr. TrsaaarsF.
RAILMAY srrEL-srRINo coNPANY.

Novsmber i7d, 1881.
quarterly Dividend of ONE AND THREE
oTARTERs PER CENT nagl has this
day been declared 90 the pREFEHlED
Stock n THIS Company, payable Deeemoef
goth 1919. t0 stockholders of record Deqem-
,gss transfer books will not h closed.
Checks will b mailed by Bankers Ifust
Company, ........ .-.
New-York tribune., 1922-12-13
TIE TEXAS rnMPANa

A dividend OF ~ on the par value of Al
of the outstanding capital stock of this
company. for which dehnitive stock cgfiin
Gates have been issued, has been declared
payabls December 30, i911, % esockholt-
ere OF record December 1, ig11,
W, w. BRUCE. Treasursr'
New-York tribune., 1922-12-13
u. s. DANGHART, TreaFursT.
s., Igq; ssg,hyss.sss ssseT 5r@ISFySS s.iIISSy Co.

New York. November ~, i3ti.
A ssuf.snnuai Dividend n $3.50 PEI.
SIiARE on the Preferred Capital htoeA Or
Deesfnbef i0th. 1874. 70 stockholdefs ct
record Al ths oloss of business On pecsmesf
18th. i91a
The Transfer Books VIII not Close.
~ order on he Board a Directors
PAUL j. LON0uA. 6ecretarI.