davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-08-06
Holds Some Speculative Stocks

Question: hold $4,000 Hudson & Man
haitian first and refunding SIS and the
following stocks: Twenty shares r Lor-
rillard preferred, ten shares Bethlehem
Steel per cent preferred. ten shares North
American preferred, twenty shares Indus
trial Alcohol preferred. ten shares Norfolk
& Western. ten shares Southern Pacific,
ninety shares Texas Company, ten shares
Pacific Oil, ten shares Utah Copper. thirty
shares Brooklyn Rapid Transit. Please
criticize the above list taking into con-
sderation % ] am young business ma n
in no way dependent the income from
the above and t2) I keep in fairly close
touch with business and market conditions.
Am I correct. in your opinion, in assum-
ing that the bonds and all the stocks but
the Utah Copper and B. K. 7. are fair
risk for me 20. d.
Answer-Your Pacific Oil, Southern
Pacific and Texas Company stocks con-
tain an element of speculation, but un-
doubtedly would be suitable for per
son in your circumstances, especially
when linked up with the other securi-
ties you hold. We cannot give the
Brooklyn Rapid Transit and Titan Cop
per stocks a better rating than spec
ulative.
New-York tribune., 1922-08-06
Foreign Exchange Fluctuations

Queion--HM you please the foiloping questions?
va" 10" 6ndg aid
ass newspaper! selling
meant Britain
aaV eus fbayng} AS; (buyng A.sl
what
'e ne@ hnancfng recently
fnanang done? Does not look
mS the formerly strong position Of this company
What a mortg
IN
stock When these listed
"ere ab one ootan the
e 0fea" OF Labor namely do
AnweThe basic for changes exchange rates
he law OF supply and demand
IN New York for bills of exchange foreign settle bya
tons OF various kinds will under ordinary result
OF the foreign currency sought unless
supply OF exchange the country
OF at once These transactions handled through the large hanks
fluctuations exchange ~
Speculative buying and selling influenced present chiefly m
ing political economic conditions form, anotber
factor, but this
created by changes in supply and ~
New-York tribune., 1922-08-06
Large Foreign Holdings

n, Uuestion-1 am constant reader OF The
Tribune and l particularly enjoy the in
column. inclose a list OF securities which
I,ae now own % ana would appreciate your ad-
wee as 70 whether you consider them all
OIL hlgn order | desire to carry first ass
securities and IL you deem il advtsa bic to
ma any changes such suggestions az you
thanks. The shares of the Cuba cane
sugar Corporation cost $1,000. Would you
reeommend e1a1 selling them at the present
may eventually sell higher? Twenty
shares Cuba Cane Sugar Corporation pre-
,erred' bonds and notes; Province of Mani
tooa, Dutch East Indies, Danish ConsoM-
oated Municipal Republic of Bolivia Re-
public Of Chile, United States of Brazil.
Great Northern Railway Company. serial
b; st, Joseph & Grand Island RAILWAY
Company, Grand Trunk Western Railway
COMPANY: Meridian Terminal Company.
Utah Light and Traction Company, Ar
mour Co, Morris & Co., Solway & Gle,
b B. & R. Knight and New York Tee-
phone Compsny.--A. l.. NJ.
Answer-The large majority of your
securities We consider of class termed
reasonably sound. which may be your
Interpretation of the term "high or
der" High grade securities, at the
present time, do not yield, as a rule,
more than 51s per cent return, but if it
IS your intention to assume the slight
risk involved, being compensated in
the higher return received, we have to
criticism to offer, excepting as to bonds
of the Bolivian, Chilean and Brazilian
governments, which we should advise
replacing with high grade preferred
stocks of either railroad or Industrial
corporations, such as Atchison, Union
Pacific. Endicott-J ohnson or American
Can. Your holdings in Cuba Cane
Sugar preferred are speculative and.
although we do not advise in such mat
ters' believe that the corner has been
turned in the affairs of this company.
New-York tribune., 1922-08-06
Mexican Seaboard,s Rreak

Question: bought Mexican Seaboard at
~ and have held on to 1t down to it's close
to-day of %. would appreciate your ad-
vising me what, in your opinion is the
future of this stock.-J. K.
Answer-The inundation of some of
Mexican Seaboard's Mexican wells with
salt water, decreasing production and
subsequently endangering earnings,
has injected considerable uncertainty
into the futurA operations of the COM
pany. Officials profess to believe that
the company's other holdings will make
up for the loss, but considerable drill
ing will have to be done in the mean
time, we understand. Whether you
should continue to hold the stock under
these conditions, therefore, is per-
sonal question for yau to decide.
New-York tribune., 1922-08-06
Cotton Mill Trade
Is Disrupted by
U. S. Crop Report
Print Cloth Sales at Fall
River Lowest in Sew
eral Months; Jobbers Say
They Are Over-Bought
Special Dispatch to The Tribune

Special Dispatch to The Tribune
NEW BEDFORD, Mass, Aug. g.
Markets in the cotton manufacturing
industry have been fiat this week, the
excitement over the government crop
forecast having furnished the sole in
terest of the week. The report has
caused wide huctuation in all mar
kets, and to it a considerable extent
is traceable the deafness in trade.
The condition report of 70S per cent
of normal instead of the 73 per cent,
the average private concern reports in
dicated came like bomb to the trade.
There had been an easier feeling since
100000 bale crop, and the upset in
calculations by 100000 bales completely
disrupted all markets. No market fol-
lowed the advance in prices ttlas got
under way.
Before the mills could have got into
any, kind TRADING the big advance
that started with the announcement
Tuesday had been punctured. The
trade was outspokenly distrustful of
the estimates. The decline that the
government report meant had taken
place since the June report had not
been in accordance with the favorable
weather reports, while the first sam
pies of the new crop received from
south Texas impressed mill treasurers
as superior in quality to the average
year Toward the close of the week
there was slightly less tendency to
condemn the government figures, and
buyers and sellers alike became even
more cautious. This was brought about
through the receipt of news from
fairly reliable sources that the raw
ages of the boil weevil had been par
ticularly severe in the ten days differ
ence between the private and govern
ment reports.
The national industrial outlook has
been disturbing, but the strikes have
SO far failed to interfere with the in
dustry directly. Memphis has promised
cotton will be shipped by water if the
rail strike becomes worse. But the
causes of the present inactivity lie
chiefly within the industry itself,
wherein jobbers insist they are over
bought coincident with the hesitancy
all shSw to go ahead until they can
New-York tribune., 1922-08-06
British Auto Exports Drop

June exports of automotive products
from Great Britain reached total OF
e132,3T9, decrease of 35 per cent from
the value of the exports during MAY
The sixty-fiye passenger cars exported
at value Of SGT ,4es represents a de-
crease of rs per cent in number and
IS per cent in value as compared with
May exports. There were twenty-seven
trucks exported, valued at s21 ,A22, a
decrease Of 43 per cent in number and
% per cent in value. Twenty-Five ehas-
sis were exported at value OF ffs,s7o.
decrease of Sd per cent in number
and 20 per cent in value, while the
s66. .s8s worth Of parts exported shows
decrease of 12 per cent. The iead-
ing markets were practically the same
as in the previous month.
New-York tribune., 1922-08-06
Speculative Rail Bonds

Question--As daily reader Of The Trlb
une and your financial advice, l writ
ing to ask you about Iowa Central As,
1851. at about A as BUSINESS mans buy
for small purcha SCI. G. S.
Answer-The Iowa Central is con-
trolled by the Minneapolis & St Louis
and the per cent bonds of the for
mer company contain a substantial ele-
ment of speculation, owing not only to
the persistent losses of the system for
many years, but also to it inability to
make ends meet in recent months. We
consider the per cent bonds suitable
only for business men who can afford
to assume the risk involved.
New-York tribune., 1922-08-06
Would Plunge on Radio

Question: am a reader OF The Tribune
and have taken lot of interest in the
investment information column. I have
been looking for information on Radio Cor
pora ton preferred stock, l this is
3ls and was about to take thirty or forty
shares and thought ] would ask your opin-
ion about it, | know this is o speculative
stock and can take a chance for this
amount. Please let me know if you think
this will go higher in the near future, or
if there is any other stock around this
market price I can buy and sell
to point margins. n.
Answer-It is outside the province
of this column to predict the future
market action of any stock or to ad-
wise readers how to speculate on a
small margin. We must, therefore, de-
cline to give direct answer to your
questions.
New-York tribune., 1922-08-06
Telephone and telegram suitable

Question-As subscribed to eight sha res
o. New York Telephone 6 rs per cent pre-
shares, / have about $500 at NV disnosaI
"tich represents most of my savines
Whieh would like to invest In the highest
srsae securities. VIII you kindly advise
ana Telegraph common and the new issue
nl 0tiS steel Company ~ per cent gold
Don, ponos hlgh grade securities? Your advise
WI. NC very much appreciated. Miss Il. S
Answer-We consider American Tele-
phone and Telegraph stock suitable for
your surplus funds, but unless. you
feel you are in position to assume
some risks you should not attempt To
obtain SO high return on your capital
as is offered by the Otis Steel 7hs.
ihese bonds are more suitable for a
business man in touch with market
conditions
New-York tribune., 1922-08-06

in the textile field of New England and
any influence is most limited.
The Whitman Mill and the Sharp
were the only New Bedford mills to
declare dividend for the third quarter
this week. The 3 per cent of the Whit
man and the 2 per cent of the Sharp
keeps up the previous quarter records
of New Bedford mills that has beer
broken only by the Manomet drop from
So To 81 80
New-York tribune., 1922-08-06
Selects Good Investments

Question-From the Enclosed list of pre-
iisrred stocks Will you kindly give me
through the columns OF your valuable
paper six OF the most desirable as an in
Vestment for man we'll advanced in
years depending upon his income largely
from his investments? I prefer preferred
stocks to bonds. Any information regard
lns any OF the stocks will be appreciated.
Ihe list; American Wooden preferred.
american Locomotive preferred American
Tobacco preferred, American Telephone
and Telegraph preferred. Bethlehem Steel
y per cent preferred, General Electric pre-
ferred, Lorillard Il per cent preferred
Western Union Telegraph preferred
United States Rubber first preferred and
United States Steel first Preferred
L. c. II.
Answer-All the stocks Won list
(American Telephone and Telegraph,
General Electric and Western Union
have only one class of stock are suit
able for investment purposes, in our
opinion, and it would be difficult to
select six as better than the others.
From an investment point of view,
perhaps the following would make as
good a selection as any: United States
Steel and American Locomotive pre-
ferred, American Telephone and Tele-
graph, General Electric, and American
Woolen and P Lorillard preferred
New-York tribune., 1922-08-06
Inquiries Should Be Signed

Inquiries addressed TO this depart
ment Of The Tribune are regarded as
confidential, but to show the writer's
good faith all should be signed and an
address should be inclosed for reply.
Letters from the following are being
held for Identification; "a Constant
Reader" C. j., P. j. L.. e. NJ, PIG, l..
M. B., F. c. B., e. D. f., r. L.. A.
L. B., G. L. p, L. B. L., f. r. b.,
8. ]. c., J. F. H., Nj. L., L. p. e.,
j. T. l.. and ]. OBJ.
New-York tribune., 1922-08-06
Prices Turn Lower
In Short Session
On Curb Exchange
nil Shares Lack Support as
Profit Taking Increases
Offerings; lndustr1ais
Move in Narrow Range

,nevsased offerings of oil shares on
.st taking brought about lower
'.sess in this group in yesterdays
-. session on the curb market. IN
,...~;s,s moved within narrow range.
e..nAard Oil Of Indiana fell back
80 sban half point and Cities
s,Oss .,:rs lost fraction. Maracaiho
ss.s.sS higher. however, and Carib
Se1s s;sste held steady. international
p...roleum :. saged.
fsssvsr sIs,ssvssreontinental Rubber scored an
nf nearly 9 points on short
sasas,s s:.s but HAYES Wheel dropped
sSssi si' Radio held steady slightly above
New-York tribune., 1922-08-06

questions OF general interest to IN
Vessoys sctu De aasaeersd in this col
a1an, ~ iehich case only initials viii
os stsed. Others aciI, be anstuered bu
ma't. address all inquiries, ;,.cfos-
srg stamped. addressed eHpeiope. Ia
fs"ancial Editor, The Tribune Isl
Nassaa Street, Netp YORK. Ctr.
New-York tribune., 1922-08-06
Needs BETTER BALANCE

Question--Will you kindly give me your
advice af aoou, selling or making any any
Northwestern Bell Telephone Company 7s,
1871 $4,000 government Of the French Re
publ, public rs 1s41; $4,000 Kingdom Of Bel,
Transit Company SIS. $4,000 Great Northern
Hallway Company rs. 1886; $4,000 Danish
consolidated municipal loan IS. 1916; $4,000
$4,000 Republic of Chile ss 1871; $4,000
French Republic S. ls41i 5000 Govern
ment Of Switzerland SIS, 1910; $4,000 Dutch
East Indies es, 1862; $4,000 Framerican
Industrial 7hs, 1912; $4,000 United States
Of Brazil IS, 1871 ! would like to invest
$4,000 more in bonds. Would be pleased
to have you suggest three four different
with fair yield What do you think Of
the Clarion River Power Company sAs,
1892 C. L,
Answer-You are probably we'll
aware of the fact that your investments
are badly balanced as to class of is
sues. You have about go per cent of
your. money tied up in foreign bonds
bearing the highest coupon rates ever
attached to bonds floated in this mar
kct and the $4,000 of domestic bonds
which should furnish the background
for foreign investments are, with two
exceptions, of the kind that a con-
servative investor should not use as
the foundation of his holdings. This
iack OF Dalance cannot be wholly cor
rected by using all of your $4,000 of
new capital for the purchase of good
domestic bonds. We suggest that you
dispose of the Brazil IS and the Chile
IS and, adding the proceeds of such
sales to your new capital, invest in such
bonds as Canadian Northern Is. 1910,
yielding about 5.8 per cent; General
Electric IS, 1910, yielding about SIS
per cent; New York Telephone SIS, 1871,
yielding about SIS per cent; United
States Rubber IS, 1947, yielding about
5.8 per cent. and Duquesne Light 6s,
1s49, yielding about 5.s per cent. You
may find it difficult to part with some
of your high-yielding bonds, but we be-
lieve that conservatism demands that
you do so.
New-York tribune., 1922-08-06
HahirShaW Cables Outlnnk

Questfon-As l place more confidence in
Your information than from any other
source, and consider ] have pronted by
came. would ask you will you kindly give
me your advice on the Habirshaw Electric
Cable Company? I have some preferred
stock in same, but cannot to find out
much about the company, which has
passed dividends Also do you consider
Cities Service convertible debentures b,
1866, a good bond to hold. Coupons only
1872. Are they exchangeable for new
debentures with coupons on to 1866? The
above securities were bought before I be-
came acquainted with the Tribune invest
ment columns.W. II. G.
Answer-The Habirshaw Electric
Gable Company is in receivership and,
although efforts have been made to
bring about a satisfactory reorgani-
cation, it is uncertain at present just
what the outcome will be. Under the
circumstances therefore, the stocks Of
the company must be regarded as
highly speculative at best. The Cities
Service convertible debentures have
coupons attached to January, 1928.
Holders Of these bonds who decide not
to avail themselves Of the conversion
privilege should present the deben-
lures to the trustee to have additional
coupons attached.
New-York tribune., 1922-08-06
Standard Oils

200 Anslo-Am on. 1s% 1ss4 1sN 1sA
20 imp OH Can...1f0i5 11els 11oia 1902
10 Prairie & c $40 $40 $40 $40
100 S oil of Ky W I. 95ia 95is 95la 95ta
1890 Oil Of Ind. ,l1Ol3 1908 10eas loeSs
40S OH of y Y.,41S AIS All AS
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18
MONDAY. DECEMBER ls, 1922.

The exodus of people from the
farms to the towns and cities is one
of the gravest dangers that threaten
our civilization. Most people realize
the fact that there is a veritable exc
dus in the direction Of the towns and
cities and away from the farms, but
see no great peril in such a situation
But the danger is there, none the less
When the country is stripped of its
producers, and all become consumers
of products from the farms, labor will
soon find wages down to the starva-
ton point and living correspondingly
high. This will put labor at the mer-
cy of capital. At the present stage
Of development such situation will
bring anarchy and disruption. Crime
will increase, lawlessness will spread
and want will be multiplied. 1t was
not an accident that God, having Gre
ated man, put him in garden. 1t
is not to mans good that he travel
far from mother earth. He becomes
artificial, abnormal and degenerate
when he gets altogether out of con-
tact with the soil. Even the city
dweller thrives best when he makes a
Hractice of digging in the garden. 1t
IS not the prof: in produce that brings
him the greatest return. It is the
physical contact with the earth, the
planting and reaping, the effort to use
rature RS helped-these are the fac
tors that count most. Revolutionists
and anarchists do not grow out in the
open fields; they do not thrive upon
country life. They multiply where
many are crowded into small space
and when the sun does N n>essten
shin in. Up irlSttics, down N Feenars,
along crowded, disease ladened streets
wild theories take root and bring
forth fruit.
Perhaps the present season Of tinan-
rial stress is responsible for the in
creasing influx of population to the
Cvercrowded centers. With good roads
and better schools and churches, with
more comforts possible oil the farms,
there will come a turning back to the
soil 1t is TO be hoped that such
will be the case, for if it is not true,
the picture is anything but encourag-
ing.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18
Notice

a special communication Of Union
Lodge No. rs, A. F. NJ, will be held
in the Masonic Hall at T:30 p. m
Monday, December 18th. The F. c.
d gree will be conferred.
Tie class OF Entered Apprentices
are asked to report to the secretary
it 8 o'clock.
BY order of
J. Gordon Hughes,
Attest: w. M.
VIM. c. Lake,
Secretary. l562-2t
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

Our cat says no idler was ever
known to be contented.
Our cat says true charity is more
than the giving Of gifts.
Our cat says time servers are poor
workmen.
Our cat says a morbid mind breeds
disease.
Our cat says it is cheap humor that
depends upon vulgarity.
Our cat says when democracy apes
Imperialism its foundations shake.
Our cat says the notables of today
are forgotten on tomorrow.
Our cat says we may build monu-
ments but the teeth Of time eat them
away.
Our cat says high finance often
leads to the wrong side of the ledger.
Our cat says men of narrow vision
see only themselves.
Our cat says your destiny Is the
road you are travelling; you choose
the direction.
Our cat says you may work hard
hat to no purpose.
Our cat says a man with mucf
money Is often despised.
Our cat says any mind save tina
of an idiot, could be trained by hal
an hours application each evening.
Our cat says no generous act grow
out of favors expected.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18
FOR SALE

To make good bread you
must have good flour. Try
one of the following brands
and you will be perfectly sat-
isfied. You will find it will
make you more and better
bread. Every bag guaran-
teed: Capitola Plain, Miss
Dixie Self Rising, Tellico Plain,
Olympia Self Rising, p. p. p,
Plain or Always Good Self
Rising. Buy it from or
through
J. L. CALVERT
TOWNSVILLE, s. c.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

GOOD THINGS come in small pack
ages. You will find the Christmas
suggestions at the Hat Shop very
attractive. 1664-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

APPLER, FULGHUM and Red Rust
Proof Seed Oats. Red May and
Leaps Prolific Wheat. J. l.. Cal
vert, Jonesville, S. c. 1554-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

LEATHER GOODS-Collars, brides,
saddles, back bands, wagon hues
and hame strings at close price.
Peoples Supply Co. 1559-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

2O2 ACRES at a bargain; new 4-room
dwelling, plenty of timber, 40 acres
of good branch bottoms, a good pas
ture, in a good section. $40 pei
acre for a quick deal. f. F. Kelly
& Bro, Union, S. C.. 1524-tt
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

MONEY TO LOAN-An unlimited
amount Of money to loan on city OF
country property on from one to
five years. This is quick mo9sssspd
s. EI Barron. 1544-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

Parker, Of Louisiana, at conference
Of governors at White Sulphur
Springs, w. Va, sponsors enactment
of law for registration Of all members
n secret organizations.
After a man has tried to Lead cali
he has more patience with human be
inps.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

D TIN LARD CANS with
cents each. Peoples Supply
1669.if
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

FOX SALE-"History of Grindal
Shoals and Some Adjacent Fami-
lies," by Rev. J. D. Bailey. Price
SOC. Stamps or money order. The
Times, Union, S. c. 1540-tt
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18
Warning

There is an outbreak of cholera
among the hogs. Don't purchase meat
from wagons at your door unless it
bears the inspection label.
DR.. Daverieux Turner,
l56l-3t City Health Officer.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

FOR SALE-Combinatio hat rack
with oval mirror, and magazine
case, Majestic range with hot water
attachments and boiler, rocking
chairs, combination book cases and
writing desk, books, Nationtl cash
register, figures for show windows,
both men and women. Apply to
The Wonder Store. 1565-H
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

NT-Four-room bungalo on
Church street. Just c,mplet-
water an d lights. w. s.
} 1853 -Ta-Sat-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

THE HAT SHOP offers gold tipped
point Quill Pen Sets, while they
last at $1.OO. Visit our store, op-
posite the postoffice. 1664-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

EE .FLGR- self-rising.
bye some special baking to
=. You will be delighted.
lyert, Jonesville, 8. c.
16H-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

FOR. SALE-Pecans at 26c pound.
Mrs. p. B. Bobo. 1581-4tpd
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

be afraid Of what "psople
f-people don't think about
las often as you think they
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

FOR SALE-Three dwelling houses.
one two-story house, and two one-l
story houses. These houses are close
in, and near the home Of Mayor @.
Z. Smith. A low price and easy
terms. Citizens Real Estate & Loan
Co. 1559-6t
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

5v.POUNl
top. "a
Co. |
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-18

VISA SPRINGS WATER-DeIiv.
cries made only on Saturday and
rpon standing orders, through ths
wiE-er months. Phone $50. J.
Boyd Lancaster. 1200-Mon.W .Wed.tf