New-York tribune. [volume] (New York [N.Y.]) 1866-1924, July 15, 1920, Image 16

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New-York tribune. [volume], July 15, 1920, Page 16, Image 16
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 15 July 1920. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1920-07-15/ed-1/seq-16/>

Newspaper Page Text

.SECURITIES OFFERED AN? WANTED
Bordens Co.
? Common & Preferred fj
Central Sugar Corp.
Common ft Prefeirwd
Continental-Guar. Corp.
Stock ',..
Hale & Kilburn
Common ft Preferred
Imperial Oil Co.
Limited i
Mercantile Stores, Inc.
Bonds ft Stock
Midwest Refining
Platt Iron Works
Bonds ft Pfd. Stock
Sheffield Farms
Preferred
Charles E. Doyle & Co.
30 Broad St.. N. Y. Tel. Broad 7106-7-8-9
Seriell Sroth-era
^?blir ??ility 0rrurltir?
111 jSruaoumg. N. %\
Long Island
Lighting
Company
1st 5s 1936
Privat? Phon-5 to Philadelphia ? Bastan
al M. Rice, Jr. & Co. Will Buy
5M Amcricnn Meter ?s
100 Amer. District Tel. of 3V. J.
50 American Macl\. & Fonndrj
100 Amer. LlthoRraphlc Com. ? 1PM.
25 Chf?l?wa iixchaw?;?* Bank
60 Continent?! Inmirmice
200 Calif Ry. & Power Prior Pfd.
25 K. W. Blim? Com. & Pfd.
5 First Notional Hunk
10?) ?iicneral Baking Com.
25 Hanover Bank
25 .Jos. Dixon CrnriMo
100 N. V. State Ry?. Com.
2.5 Nation al Bank of Cuba
100 Old Dominion Steamship
liH) Thompson-StarreM I*fd.
.'??> Savage Arms 2nd Pfd. 8
J.K.Rice,Jr.&Co?,
Phones 4000 to ?1010 John. 36 Wall St.. N\ T.
Donnaconna Paper
Kipawa Co.
St. Maurice Paper
St. Croix Paper
FREDERIC H. HATCH* CO.
t? B'v*iv MY -{?gggBglg .'flee h Tel R/fdwr 634*
?WIRE CONNC?TIO^S
fJOSTOM O4.1CAG0 PHiiLA MONTREAL. PITT_WJ_?
Mark A. Noble
Theodore C. ?Corwin
NOBLE & CORWIN
25 Brood St. New York
Chase Nat. Bk. Otis Elev. pfd
Equitable Trust Curtiss Aero pfd
Telephone 1111 Bre*?fi
Bid and Asked
Bid and asked prices for stocks in
which there were no transactions yes?
terday wjre as fellows:
Ad Riumdy pr 03
Aii?any & Sus. 120
A A Cables.. LOO
Allls-f'hal pr. 75
Am Agr Chem 84
Ain Hk N pr. 41
Am lit Sug pr 82
Am I! S i F 85
do pr
7CV?
80%
4S
(;aii pr.
'JO
Am C & F pr.105% IOS
Am Ortion uii 44
ilo pr
SO
Am In- S?: pr 57% 62
Am Unseed pr 60 93
Am Ixkm pr.. 99% 102
Am Malt & Q 32 B5
Am SWpbld?.. ? 12."?
Am Siu pr A. 74 76
Am Snuff pr.. 77 >7
An? 8tl Fy pr 87 8?
Am Sum T pr 87 91
Am Tel & O.. 47 50
Am T?>b B. ..212 230
Am Wsale-pr. 00% 92%
Am Woolen pr 03 9
Am Zinc ?>r... 4t> 4
Ann Arbor pr. 28 4
Assets RealU.. 3V4
Assoc Dr Gds 32 8
do 1st pr... 56 *
do 2d pr_57 67%
A-woc. Oil _ 92 f~
AUantio RoMlfiO 121
A O ?fe W 1 pr 65 (
Ant? S 0>1T>. 5
do pr. ? !
Austin Nichols 22% '
Bid. Asked.
Kaysor . 88 98
do 1st PT...10? 115
K?3FtS&M pr. 60 ?
Kelly Spre pr. 83 84%
Kotaey Wh pr 84 89
Keok & D M. 4 5
do pr. 20 30
Kress & ?-o. 85 ??%
do pr.100 ?
h Erie & \V. 9 10%
do pr. 17V6 19
I.ee Rub it T. 29 29%
L ?t M T Q pr 9S% 102
" ? pr B-. ..138% 145
L-W B 1st pr 96% 103
? hi 2d pr. . .105% 125
Bonis &. Nash.100% 102%
Alackay ('?B... I?2 66
Manat? Husar.11? 122
40
21%
do pr
81
?lo I?
97%
41
Si?
Barnett Beath 55 CO
do pr . 85 90
Barrett O or. 102 11"
BatopUas Mln 1 1%
Beech Crook.. 2"> 88
Beth S 7% pr 95 103
Bklyn Edison. 83% . 90
Bums Bros pr.110 112
Buff R & P. 50 ?
?In pr .7? ?
Buff A Musi?. ? 65
do pr . ? 45
Rush Term .. ? 85
('Mtimot A- A. 57 60
Canada .South. 40 50
? _J i'\ 2U pr ? 65
Cent of N J.19S
Certain Corp.. 4 S ?Vi
?lo & Alton. 7*
do pr. 10
??."hie ft E m. 7
(' St l" M & O 5x
do pr .._ 80 90
C " ? ': St l? ?-??' 1%
?Jo pr. 60% 6?
Cu .t) .v Pitt*. 57 62
Clnett-Pea i>r. ?.??> i-j%
?'??1 & S 2d pr 40 50
Cti (???'t.h r.r. 82 84%
Oomp Tab Reo 40%.-51
?'. .it Can _ 83%. 88
?'.ut lnsur . . 69 74
?"-ex Carpet... 53 57
?Si-do Steel i?r 90% 95%
?\i-Ani Su pr. 100 ?
Deero Oo pr.. 94%. 97
It......... l.'.l'.., .1 - ?1 i.l
54%
??troit Edison
?VjttrUt V R It 90
DSBftAt. ?
l>urh Hosiery. 48
do pr . 94
raoo ?Star Bat 120
Klk II Uoal pr 39
Km-Brant .... 1.'?
7?
pr
Erie A Pitts
.. M.iiiKi?. Ko.1. .585
do pr.103
Fou Min & S 10%' 18
?lo pr . 34 37
f-'Liher lldy pr. 102 IOS
Giwi Chem pr. 92
?en Olsar ... <"?>
do pr .92
pr deb.. 81 ' 85
Oulf St Steel. 61% 64
HootMtahe
Illinois Ont., 81 83
Int Bar? pr... 104%, 10?;
I Paper nr sip 73% 75
Int N'i_ll pr. 80% 85
In? S?itt . 60 ?
Iowa Ontral.. 4?/4 ?3
Jewel Tea ... H IS
do pr . 33 88
Jones Toa_ ?3 -4
do pr. 87
Ai an Bach.... %
Alan Elerated. 39
Alarlln Rook.. ?
Martin 1'erry. 20
Math Alk \V. 31
Max M Co ctfB 17%
do 1st pr. ..40 41!
do 2d pr_ 15 25
do ctfs _ 15 25
May Uept 8. 80 83
do pr. 94% 102
Mot Bet pr.. 93% 96
Mioh Central.. 75 85
AI.SP.SSM 1 1 M 54
Mull Body pr M
Nash A ?Ohatuee 110
Nati C & Suit 55 6?
Nati Con & 0 8% 9%
Nati H ft S.. 70
do pr. 93
NRRofillst pr 8%
do 2d pr.. 5%
N O, ? & M 34%
N Y Dock.. 82%
do pr. 48%
N' Y. L A W. 78
X Y, O A W. 18
Norf A W p?j. 65
Ohio Fuel_ 48
Ontario SllTBf 6%
Otis Elevator.. 125
do pr.?
Otis Stool pr.. ?
Oivons B M.. 48
Taciao Coast. 25
do 2d pr. .. 60
Padflo Devel.. 45
Pac (las & K 48%
Pao T & Tel. 44
Ponn J 0 pr 91
1'corla A Eiixt 10
I'fc.:? Marq pr ?
7%! do prior pr. 60
Pet Slul Co.. 80
1st pr.. 95 115
Phi ?Up Jones. 50 57
do pr. 84 88
Pitts Coal pr S4% 89
WAO pr.115 120
Pitts St*ol pr 85 91
P A W Va pr 73% 76
P S C of N J ? 63
|R S Hprln* pr 98% 105
Hand M In.?.. 28 29
1! R Soc_ 48 58%
llaadln? 2r pr 43?/4 45
Item T 1st pr ? 90
do 2d pr... 88 99
Kens A Bar.. 95
Rol? . 10
do pr. 80
3 L 4 fl y pr 82
Sears Rosb pr. 100
8-8 8 A I pr 87
S P B Su?. 250 :
Standard Mill 120
pr. 78
stuilfhakor pr 93
Sup Steel pr. 98%
Ttauuv A... . 41
T .V P L T..260
>l? Prod pr. S9
HI.&W ctfa 13
?lo p.? ctfs.. 17 20
Transus W S 51 54
T C R T pr. 65 95
Under Typo C.164% 1T0
do pr.105 il7
V C S of Am, 130 175
do pr.100 108
I' S Express. 6% 7
l'tah Soo Cor 8 8%
Va-C Oiem pr.105 10?
Wabash pr B 16 18
West I'nc pr. CO (?i1%
West Air B 104 108
W P4M- pr A 81% ?5
pil
SO
I
50
98
130
33%
ZA
80
55
645
too
73
95
14
6%
35
30
60
85
19
66
sa
130
100
?0
4M
47
94
11
47
59
39
94%
100
105
18
82
35
113
832
14
Wo have taken over
the
market monthly
'The Oil Industry"
which corera important news of the
Standard ama Independent oil com
paulea.
C'pon reqaeat w? will be ?jrtad to place
your name ob our mallin/jr list.
R.CMeoargel&Co.
27 Pine Stxet^ewYonX
Miscellaneous Markets
Public ^Utility Securities
Stocka
Am Light,* Triuct?on com.....128
do pfd. *J
Adirondack Eleo TVnvor com... 10
do pf?l . .J4
?Am Gas A Electric com.100
Vio pt .i.. J?
Am Power A Light com. JJ
<lo vt. *3
Am Public lUllltloai coin. ?
do p(.' ? ? ""T
Am "Waterworks Eloctrlo . ?
do participating pf. J
do 1st pf . "
Cnrollna Power A Bight com. . .23
Cities Service. co?n. -,,
do pf . S?}4
do bankers' certificates. ??" ?
do 7 v c. werte? 11, 1966.*?,,,
do 7 p c, ?erics C. 1966. 83%
Colorado Power com. '
do pf. ?2
Comwoalth Pr Ry A B com- 1?
<U. pf.^.; ?? ? *p
Denver pas A Kleetrlo Gen 6s.. 78
Electric Bond A Share pf..- ?0
Empire Plstrlcst Electric pf- 65
Federal Bight A Traction com 6
do pf .v.??S
Gas A ?_ectrlc Securities com..250
do pf . 67
Northern Ohio Elec com. ?
do pf , . . s. ~
North Otilo Lt A Pow com. 10
do pf. 50
Northern Suites Power com... ?
do pf. 76
Pacific Ons A Electric pf. 80
Republic By A Bt Co com..,.. 8
do pf.t. ?J3
Southern California Edison- 82
do pf. ?:t
?Standard G;ta A Elec com. 13
?do pfd. 36
Tennessee Ry-1 Bt & Power com. 1
do pf.?-. 2
Cnlted Light A Rya com. 19
do 1st pf. 67
Western Povror cam. 3 4
do pf _. 68
md. Asked.
132
84
13
78
106
38
50
67
10
26
4
9
40
28
382
67
38
143
95%
12
90
1?
41
86
85
66
8
46
360
77
20
45
14
66
46
80
84
10
37
85
97
16
37
3
6
22
60
16
61 '
?Par value ?60.
Honda
Appalach Power 1st 6s. 59
Cincinnati Gas A Eleo 6s, 1916. 79
Col Gas A Elec 6s, 1927. 79
Pullas Eleo 6s, 1922. ?9%
do 7s, 1921. 9?
Ei Paso Elec col 5s. 79
Great West Power 1st 6s. 73
Midwest Utilities 1st 6s. 85
Miss River Power 1st 6s. 70
North Ont Lt A Power 6a-. 61
Nor States Power 6s, 1928. 78
Miscellaneous Stocks
Bid.
Am Chlclo 39
do pf ... 66
?AmUeath 35
?do pf... 8 2
Am Mfg...l49
do pf... 85
Am M A F160
Am Td pf 3-%
Am Typ F 4*
A D T N J 28
Atlas P C 55
B B A S lp 84
d? 2d pf It
Bor C M1K103
Bush T pf 67
Csl'.uleld.. .165
Childs Co. 86
do pref. 92
City Inves 66
Crk W pf.90
D L A "W168
Aak. Bid.
41 Draper C.136
lilt Sil pf. 88
M ma B pf H
Nat Cash. II?
N J Z w 1.196
N Co 1 pf. 97%
70
60
81
163
89
160
8%
48
81
65
89
105
73
165
89
!?5
75
97
163
O NelU pf. ?8
Phelps D..170
1' 4 Vf pi 18
Ry Bak P126
do pref. 10
Singer-Mf.125
S B 1MA3 43
atoll S pf. 95
a D F pf.ll?
Valvol pf. 97
V Raalt In 28
do pf... 70
W A B Pill?
l'aie A T..275
\
6a
83
81
100
83
76
90
71%
?3%
82 '
Ae_
132
92
?I
lit
199
100
? ?%
200
140
If
130
4T
91
112
109
32
76
101
m
Sugar Stocks
Card Am. 19
do pf... 70
Car Sug. .. 67
C Aguirrel26
Gtana new 23%
Mat-Am.. 21
?do pf.. 75
Michigan. 11%
National..156
23
80
60
128
24%
2?
102
12%
160
Fjrdonewl23 128
Godch'x S 67% CO
Grt West. 415
do prei.113
Ni Niqueo30?
St Cec pf. 73
Savannah. 66
do pf... 88
Chemical Stocks
Am Cran.
de pf...
Graselll ..
do pf...
By-Prod..
C&ssln Co.
Dow Ch..
Du P C P.
21
60
136
97
40
260
9%
1?
66
06
105
46
260
10%
Hook Eleo I?
do pf .. ??
Ky Bolvay 80
Mec Co p. 8 8
Merrlmac. 79
Mulford Co 43
Semet G...170
Solv Pne..200
'430
118
861
78
60
92
7?
7?
11?
M
?1
62
175
260
Steel and Ordnance stocks
Am Braaa.193
Atlas Pw.160
do pf .. 78
Bab A W.108
Cn F A F.196
Carb Steel 80
do 1 pf. ?8
*? 2 pf. 73
Colt A-49
Du P Pw.280
do pf. .. 79
198
170
82
112
201
85
113
7i
51
280
81
East Steel 70
Enip S A I 35
?do pf.. 7?
?Here P. .215
?do pf. . 92
Niles B-P.97
Scov Mfg.. i?
Them Iron 33
Win Cor. . 425
Woodward 60
78
40
80
222
97
99
410
475
53
?Ex dividend.
Tobacco Stocks
G W Hmel60
do pref. 88
J E Youngl28
do pi.. . 85
?MacAAF.110
P R-A. T.115
1G6
94
136
95
206
120
R J ReyA600
do s B..465
do pf. . . 97%
Weym B..160
do pref. 88
Vniv Beaf.14?
C15
485
99%
170
94
?Ex dividend 50%.
Insurance Companies
Am Alliance.270
City of NY..206
Com'w'lth ..300
Contint _ 68
Fid A Phoe.636
Franklin .. 75
Globe A P...1100
New Y
America ...205
Atlant? ..216
Am Exch....270
Battery . ..196
Bowery ...420
Bryant P.. ISO
?way Csnt.16?
Bronx Nat..110
Butch A D 37
Cen M?rctnl96
Chase .400
Chat APhoe. 276
Chelsea Ex.136
Chemical.. .660
City .375
Coai A I...270
Colsnial ...360
Commerce...220
Columbia ..178
Corn Kxch.,830
Coimop'tan.112
Com'clal E.426
Oom'wealth220
Cuba .-.II?
Bast River.lit
Fifth Nat.. 110
Fifth Ave...900
FJ-a| Nat. ..891
?orelgn T B 65
?00 Great Am. .255
217lBimover ... It
826 Home . ., .610
73 .Vat Liberty ?
? Niagara ...12?
8 i I ?tuyveeant.. 5?
ork Bank Stocks
21
.190
.IS?
:225
..111
?II
Gotham ..
?iGotham ..
280 (irecnwlch..
205 Harriman .
?,JBanover .
UOi?ndustrial
111 Im A Trad.63?
II? ?Irving Nat202
*3 Liberty _420
? Lincoln ....27t
410 Manhat Co.216
??*IMech A Met325
146 Mutrop'tan..338
565|-?jutuai _?j?
3?5iKat Am_II?
--New N?th..l?t
N Y County 135
N Y N B A. 41?
Park.435
Pacific .ISt
Public .355
340
121
????aboard ..16?.
" Second .. ..421*
State .19?
?3d Ware.. 16?
CnitedSCtesl86
Union Ex..17?
Wche?terA.2l?
TarkTill? ..871
230
19?
?10
75
205
625
170
15?
7i
200
646
212
435
215
225
'.?35
411
445j
370
?7?
475
2?0
195
It?
Trust and Surety Companies
Alliance.... 75 85 Lawyra T..14?
tAaa Truat. ~ ? Lincoln Tr..l46
Am ?Aursty. 7? 71 Manufao'ra.. ??
Bankers ...880 890 Mercantile.. SO?
Bond A Mtg240 260 Metiopol ..21?
Bklyn T Co.48? bl?MtgeBond. I?
Cent Unlon.866 876jMutTofW.il?
Columbia ...826 336 Nat Surety .181
Commercialise ?? N Y L IAT.525
Equitable. .297 805 N York T...595
Umpire Tr.3?? ?NY Title...130
FrmrsLAT8S0 400 Peoples ...275
Fulton ....27? ?Realty AssolOD
Fidelity ...300 210 T G A T. . .326
Guaranty ..845 355 Un States...830
Hamilton ..218 JCB U S M A T. 400
Hudson T..lit ??BT Guar I?
King? Co...?3? ?I? ?Vv-eatr.Bester.13?
Law Mtge..llt 126 W A BTftM. lit
JSee New York TttU and Mortgag?.
tlncludea American Truat Compaay
stock?.
141
t?7
325
87?
I*
l?l
195
?26
610
13?
290
110
335
860
410
?I
17t
Standard Oil Stocks
Bid
Anglo-Annrlcoji Oil Co? Ltd... 23
Atlantic Refining Co.1150
?do pf. 104
Borna-8ci-ymser Co. 425
Buckeye Pipe Line. 85
Chesebrough Mfg Co. 220
? d?P>". 103
ContlnentiiJ OH Co. JJ5
Crescent Pipe Line Co.^37
Cumberland Pipo Line Co. 166
Eureka Pipe Line Co. 100
Galena Signa? Oll Co pf, new. 90
do pf. old. 90
do com . 42
Illinois Pipe Line Co. 150
Indiana Pipe Line Co. 84
Internati Petroleum Co, Ltd.. 84%
National Transit Co. 26%
New York Transit Co. 160
Northern Pipa Bine Co. 90
Ohio Oil Co. 283
Penn-Mex Fuel Co. 42
Prairie Oil & Gas Co. 570
Prairie Pipe Line Co. 197
Sotar Refining Co. 350
Southern Pipe Line Co.;. 126
South Penn Oil Co. 270
.Southwest Penna Pipe Lines.. 65
Standard Oil Co of California. 813
Standard OH Co of Indiana... 660
Standard Oil Co of Kansas... 620
Standard Oil Co of Kentucky. 370
Standard Oil Co of Nebraska. 420
Standard OH Co of New Jersey 640
do pf. 105
Standard Oil Co of New York. 387
Standard OH Co of Ohio. 435
do pf . 105
Swan .S- Finch Co. 60
I'nton Tank Car Co. 110
<lo pf . _ 96
Vacuum Oil Co.>>... 375
Washington ?ill Co. 27
.MisrelliincouH Oil Companies
Atlantic Bobos OH Co com_ 38
do pf.;. 95
Cosden A Co. 7%
Klk Basin Cons Pet Co....... 7%
'.mperlal Oil, Ltd. 98
Magnolia Petroleum Co. 875
Merrltt Oil Corporation. 15%
Mldweat Refining Co. 160
Mountain Producers . 1?
Northwest Oil Co . 26
Producers A Refiners Corp. com 8%
Salt Creek Producers, new.... 14
Sapulpa Refining Co. 6%
Ask.
23%
1200
105
475
87
230
108
136
30
165
103
93
93
45
1C0
87
35%
27 %
170
95
288
45
580
202
370
135 '
275
58
318
670
640
380
450
650
105%
392
460
108
80
114
98
380
33
43
JJ5
7%
7 %
102
400 '
1?
151
80
7
1?%
t
New York City Bonds
Form. Rate and Maturity. Bid. Ask. Yield.
!%
92%
92%
Interchangeable 4%a, 1967. 94%
do i%*. 1965..,. 91%
do 4%?, 19C3. 1)1% .. .
do 4%s. 1057..\. 91% 92%
do IV,?, 1966. 86 \ 86%
do 4'Js, 1964.?.. 86
do 4%H. 1962. 86
do 4%8, 1960. 86
do 4%s, 1960, op. 1930.. 86
do 4fl. 1969. 81%
do 4a, 1958. 81%
do 4s, 1967. 81%
Rcglsteifd 4a 1955-196?... 81
do 4s, 1936. 88
Interchangeable -3%a, 1954. 72
Coupon 3%s, 1964 . 72
Register. 3%s, 1950-1954 Ino 72
' do 3%s, 1940-1950 Inc..6.40
Registered a?id coupon
Berlal 4%s, 1820-1930 lne.6.00 B.25 ?
do 1920-1931 inc .6.00 5.25 ?
do 1920-1932 inc .6.00 6.25 ?
New York State Bonds
Issuod in coupon .nnd registered form not
Interchangeable. Coupon bonds register
able.
Canal Imp 4%a, 1S64.100 102
High WAV Imp 4%s, 1963.. 100 102
Canal Imp 4%b, 1966. 94 98
High ?way Imp 4%?, 1966... 94 98
Barge Can Ter <%s, 1946.. 94 98
Highway Imp 4s, 1967_80% 92%
Canal Imp 4s, 1967. 90% 92%
High Imp 4s, 1960-1962 Ino 90% 92%
do 4s. 1968. 90% 92%
Canal Imp 4s, J960-1962 Ino 90% 92%
Palisades I S Park 4s, 1961 90% 92%
Barge Can ?Ter 4s, 1942-'46 90% 94
Federal and Joint Stock Land
Bonds
Federal Farm Loan 6s. ?
193S op 1923. 9? 97
Federal Farm Loan 4%s,
1939 op 1924. 89 90
Federal Farm ???can 4%a,
1938 op 1923. 87 90
Federal Farm Loan 4%a,
1937 op 1922. 87 90
Joint Stock Land Bank 6s,
1939 op 1924. 84 88
Joint Stock Land Bank 6a
1938 op 1923. 84 88
4.40
4.40
4.85
4.35
4.86
4.37
4.37
4.39
4.40
4.3?
4.39
4.40
Bank
Short Term Securities
Security. Bid. Ask. Yield.
Am Cotton Oil 6s, 1924... 89%" 91
Am Chicle 6s, 1921-22_ 96 98%
?to 6s, 1923-?5. 91 96
do (Is, 1926-27. 88% 92%
Am Tel und Tel Us, 1922. 93% 94
do ?s, 1924. 92% 93
Am Thread (Is, 1928. 93% 96
Am Tobacco 7s, 1920.100 100%
do 7s. 1921. 99% 100 7
do 7s, 1922. 99>% 100
do 7h, 1923. 99%ilrt0
Anaconda Copper 6s, 1929 88%' 89%
Anglo-Am Oil Ld 7%s, 1925 99% 99%
Armour Conv 6s, 1920-24.. 93 98
do 7s, 1930. 94% 96%
lleth Steel Corp 7s, 1922.. 98 98%
do 7s, 1923. 97 % 97%
Can Pacific Ry 6s, 1924.. 93% 94%
Cent Argentine By fis, 1927. 81 83
C B A Q By (Joint) 4s, 1921 93% 94
Chi A N-YV By. 7s, 1930... 99%?, 100%
Chl Pneu Tool Cs, 1921... 98 100
do 6s, 1922..}. 97 100
do 6s, 1923.. 96 MOO
C, C, C A St B By fis. 1929 85% 8?%
?'-A Sug, 1st. lien 0s, 1921 90%' 10p
i^udnhy Packing 7s, 1923. 97%
Fed Sugar Hof ?s, 1924.. 91% 1)3%
Great North By 5s, 1920. .99% 99%
B F Goodrich en 7s, 1925. 94% ?4%
Gulf Oil <"orp 6s, 1921... 911 98
do 6s, 1822,.. 95 96%
do 6h, 1923. . \.. 93 96
Hocking Val By fis, 1.924. Kfi 91 .
Int H T con 7s, 1921. lift fiS
K City Term By 6s, 1923.. 92% 93%
Ken Copper Corp 7s, 1930 02% 03%
B G B 1st .M- ref 7s, 1929.. 89 91
Big ?- Myers Tob ?s, 1921. 9?% 97 Vi
N Y C R R fis, 1920. 99% 99%
Philadelphia 6s, 1922. 91% 03
Pennsylvania 4%s, 1921.. 97% 97%
Procter A Gamble 7h, 1921 99% 100%
do 7s, 1922. 99% 100
do 7s, 1923_T. 99% 100%
P S Corp, N ,1 en 7sv1922. 8"2 86
R .1 Reypola Tol> fis, 1922. 95% 95%
Southern- Ry 6?. 1922.... 92. 92%
St. PUD Rilar 6%B, 1923 93% 94%
SWIft fis, 1921. 97% 98
The Texas 7s, 192.3. 98% 98%
Utah Sec <:orp 6s. 1922... 84% 86
Wcat Electric con7s, 1926. 97% 98
9?%
Markets in Other Cities
Baltimore
Open. High. Low. Last.
81
99%
145
6
213
81
119
?9
73
96%
Salea.
SOCona Coal ... 81 81
39 Cons Power .. 99% 99%
960 Celestino .166 165
60 Monongahflla V 6 6
16 Mercan T ,Co..213 213
60 Penn Wat Co. 82 82
60 U S Fidelity.119 119
Bonds
?1000 Cons C rfg 5s. 69 69
2000 Cons Pow 4%s 73 73
2000 do ,7a . 96% 96%
lOO?Uni Ry 4s_ 63 63 63
4000 Uni Rys inc 4s 45 45 45
Boston
16Ahmeek . 61 61 60%
15 Alaska. 1% 1% 1%
18 Anaconda .... 56% 56% 56
20 Aria Coml ... 11 11 11
975 Big Heart. ...10% 11 10%
9 Cal A. Ariz . . . 69 69 58%
0 Cal A. Hecla..310 310 310
215 Carson _"... 24% 24% 24
8 Copper Range 38% 38% 38 %
CO Daly "West ... 4% 4% 4%
50 Davis Daly ... 8% 8% 8%
110 East Butte ... 12% 12% 12%
50 Inspiration ... 49% 49% 49%
100 Isle Royal? ..30 30 30
30 Kerr Bake ... "3% 3%
5 0 Bake Copper . 3% 3%
70 Basalle - 2% 2%
200 Mason Valley . 2 2
20 Mass Cons ... 3% 3%
30 Mayflower O C. 6% 6%
25 Mohawk . 62 62
127 NIpisslntT . 8% 9
15 North Butte . 16??4 16%
6 Old Domin ... 24% 24%
4 Osceola . 41 41
1 Quincy . 49 49
190 Seneca . 13% 13%
100 Sup & Boston.. 3% 3%
100 Tuolumne _ 60 60
116 U S Smelters.. 69% 69%
20 do pf. 44 44
25 Wlnona . 60 60
Railroads
8 Boston A Alb..124 124
a 7 Boston _lev... 61% 62%
m 3 Boston A Me.. 33 ^33
10 do pf. 40 40
40 Maine Central. 62 C2
65 N Y, N JI A H. 31 SI
3 Old Colony. . ., 73 73
1 West End_" 38% 38%
69 do pf. 49 -19
MlscelBi neons
86
81
90%
145
6
213
81
119
3%
3%
2%
1%
3%
6
62
8%
16 %
24%
41
49
13
3%
60
68%
44
60
124
61%
33
40
60
30%
73
38%
48
69
73
98%
63
45
60%
1%
66
11
10%
58%
310
24
38%
4%
8%
12V4
49%
30
3%
3%
2%
1%
3%
6
10 Am Agrl. 86
6 do pf. 85
4 Amoskcag .... 79
810 Am Tel? . 93%
30 Am Wool pf.. . 93%
100 Anglo Am. ... 5%
2 Art Metal. IG
25 Atlas Tack- 29%
100 Beacon Choco. 8%
125 Bost Mex Pet.. 2%
3090 Century . 2%
20 Kantern S S. . . 20
45 Edison.147
10 Elder . 29
200 Gray . 23%
45 Greenfield -39%
Id7 Int Pt Cement, 24%
25 Irr Oil ana Gas, 20
220 Int Prods _U8
60? do pd .?43
140 Island OH ..... 7
550.1 T Connor Co?tl3%
302 Llbby .?12%
5 Boews .; 10%
210 Mass Gas.?83
C do pd.; CO
22 Mergenthaler. .,128
75 Mex Inv . 36
20 Mullins Body. . 40%
3(10 Nat Beather . ..'11%
10 New Eng Tel. .',84
100 Orpheum .-27%
10 Root . 37%
10 Shawmut . 24%
425 Swims . 19%
160 Southern Phoso 26%
116 Swift .108
160 do Int. 36?%
100 Torrlngton_ 65
6 U Drug 1st pd. 47
20 Un Twist. 26%
36 Un Fruit .202
162 Vn Shoe. 42
118 do pd . 24%
106 Venture . lu%
215 Waldorf. 20%
65 Waltr.am . 81
60 Wick Wire_ 30
Bonda
2000 C J and S 6s. . 78
2000 Pond Creek 8s. 92
8 5
79
93%
93%
86
85
79
93%
93%
29%
8%
16%
24%
41
4?
13
3%
60
68%
44
60
124
63%
33
40
60
30%
73
38%
48
86
85
79
93%
93%
6%
16
30
- M
20
147
2 9
23%
3?%
24%
20
18%
4 1
7
13%
12%
1 0 %
8 3
60
128
86
40%
11%
24%
19 %
25%
108
30%
65%
47
25%
202
42
24%
17
?0%
81
31
2%
20
146
29
23
30%
24
20
17%
43
0%
13
12%
10%
23%
89 %
24%
20
18%
44
6%
13%
12%
J 0 %
83
5 9 69
127% 127%
40%
11%
84
27%
37%
24%
18%
26% 25%
107% 107%
36% 85%
35
40%
11%
85
27%
37%
24%
66
47
26%
202
41%
24
16%
"20%
31
30
65
47
25%
202
41%
24
1?%
20%
81
80%
78
92
Boston Cnrb Market
Bid.
Ariz Ext ... 2
Ariz Silver. .15
Blk Hawk...?0
Bos A Mon..61
Calaveras... 1
Chief Con... 3%
Con Copper. 2%
Crown Res..10
Crystal new. 28
Denbigh-19
Eagle B B..2 1-1?
Fortuna .. .?
Gadaden ...60
Homa OH. .. 8
Houghton . .26
Iron Bloa...26
Iron Cap ... S
Jer Verde...25
La Rose .. . 20
Ask.
3
17
68
63
1%
8%
2%
16
31
21
I 2%
5
70
9
50
36
9
85
40
Majestic ...16
Mex Metals..50
MIdw Moss..50
MoJ Tung.. ??
Monarch .. ?
Ntl L A Z.. 4
New Baltic. 8
Nev Doug...13
Nixon . 4
Pioneer ....81o
Rang Pet....16
Rainier_ 1%
Svn Mot?is...18
S W Ml f p.. 4
Sliver Reef,. 4
Toxana . 8
U Ver ExB.81%
Yukon . 1
20
70
60
8
4?
?
4
18
10
1
20
1%
15
a
6%
1%
Chicago
15%
1%
200
87
11
16%
16%
221 Armour Lea.. 16%
ISA Armour pf .. 9i}i
200 ??hi ?f. C R. . . 1%
95 Chi T & T...200
100 Cudahy . 87
90 Com Edison..102% 103%
1400 Cont Motors.. 9% 9%
60 Diamond M..113
600 II St I, Sugar 16%
100 Hupp Motor.. 16%
27 Hartman Corpn 82
25 HI Brick - 72
636 Llbby M A L 13%
200 Lindsay Light 8
60 Montgom W.. 33
30 Midwest U pf 28
600 Mitchell -24%
110 Nat Leather.. 11%
100 Orpheum- .... 28 '
60 Quaker O pf. 90%
800 Reo Motor .. 22%
46 Sears Roe . .200
260 Shaw . 72%
226 Stewart War. 41%
1450 Swift Inti ... 35%
1200 Swift & Co..107%
600 Union Carbide 65%
800 Un Paperbd.. 28
50 United Iron.. 25%
1200 Wahl . 54%
Bonds
81000 Armour 4%.a 75
2000 Chi Ry A 5s. . 46
Detroit
100 Columbia Sug. 18%
2000 Cont Motor... 9%
90 Detroit Edn_98%
15 Ford .360
115 Lincoln . 43%
600 Mich Sugar. . . 12%
460 Packard . 18
56 Paige . 28%
650 Reo . 22%
Philadelphia
36 Am Stores- 44% 44%
110 Brill . 40% 43
843 Elec Stge.122 123
25 Gen Asphalt pfll2% 112%
6 Ins of N A ex d 29 % 29 %
300 Keystone Tel. .10
100 Lake Sup. 14
125 Lehigh Val. . . 43%
10 Lehlgh Nnv.. . 60
45 Phil Co 6s pf.. 32%
170 Phil Elec. 22%
60 Penn Salt. 64
865 Phil Rap Tr.. 1?
60 Tonopah Bel.. 1%
198 Un Traction... 29
464 United O Imp, 42%
Bond?
$3,000 Baldw 1st 6s 91%
1,000 Eleo P 4a. .. 53
15%
91%
16%
91%
1% l1
200 200
87 87
102% 103%
9% 9%
113 113
16% '1(1%
10% 10%
82 82
12% 12%
83
28
2 4?%'
11%
28
90%
22%
200
72%
41%
35%
107%
65%
28
26
64%
18%
9%
98%
360
43%
12%
18%
29
22%
83
28
24%
11%
28
90%
21%
200
71
40%
35%
107
65%
27
25%
61%
75
46
18%
9%
97%
360
43%
12%
18
28%
21%
12%
8
83
28
24%
11%
28
90%
22
200
71
40%
35%
107%
66%
28
26
51%
75
45
18%
9%
97%
360
43%
12%
18%
29
22%
10
14
44
60
32%
22%
?4
1?
1%
I?
41%
91%
63
44% 44%
40 43
121 122
112% 112%
29% 29 %
10 10
14 14
43% 44
60 60
82
3,2
22% 22%
M 64.
19 It
1% 1%
28 18
41% 41%
XVa !.*
1 000 L Sup Inc 5s. 62 62 52 52
2 000 Phil E 1st 6s. 82% 83 82% 83
2,000 Phil Co c 6s 77% 77% 75% 76%
2,000 Un Ry Inv 6s 65% 65% 66% 66%
Pittsburgh
695 Am Vit Prods. 10 11% 9% 9%
985 Arkansas Gas. 12 12% 12 12
> 60 A W Glana M..112 112 112 112
100 Fidelity T & T300 300 300 300
200 Ouffoy Glllesp.. 28% 28% 28% 28%
20 Hab) r sha w El.. 14% 14% 14% 14%
110 Lone Star Gas. 28% 28% 28 28
160 Marland Ref.. 4% '4% 4% 4%
100 Mfrs Bt A Ht. 61 51 51 51
10 Ohio Fuel Sup. 49 49 49 49
20 Oklahoma Gas 32 32 32 32
9100 Pgh .?erorne... 8 8 7 7
35Westlngh A B.108% 108% 108 108
15 W Pa Rys pf. 69% 69% 69% 69%
Montreal
BUI Ask. Bid. Ask.
A P A P. 86% 86% Dom Tex. 145% 148
At S R pf.164 155 Bake AVds201 <?
dopf.,.176 ? MBMAPCn 83 83%
BrTLftr 43 43% Nati Brw. 64% ?5
Brom Pa..149% 150 Ogilvle M.228 ?
Cn?C A F 62 55 Pen Ltd.. 145 ??
do pf... 96% ? Rrdn Pap.222 222??
Can Cmnt. 59% 60 shwngn.. 111% 112
Cn St'msli. 74% 75 Spn Rvr .123% 123%
Cn M & S. 25% 26 do pf...l32% ?
Det U Ry.105 108 Stl Co Cn 72% 73
Dom Bilge 93 ?
Amer. Tel. & Tel.
Earnings for Six
Months Are $5.95
Well in Excess of Custom-,
ary 8 Per Cent Dividend
Rate, Says Thayer; Rec?
ord Growth Is Expected
Earnings of the American Telephone
and Telegraph Company for the first
half of tho present year were well in
excess of the company'3 customary 8
per cent dividend rate, according to the
statement for the six months ended
June 30 issued by H. B. Thayer, presi?
dent, yesterday.
The surplus after charges and Fed?
eral taxes was $26,323,663, equivalent to
$5.95 a share earned on the $441,981,200
capital stock. No comparison was
available with the corresponding period
of last year, as the lines were under
Federal control at that time, but for
the six months ended June 30, 1917, the
period just prior to government con?
trol, tho balance after dividends was
$3,756,100, as compared with S8,646,320
for the six months period just closed.
Regarding business conditions ?Mr.
Thayer said- in his announcement:
"The company has retrently received
in full from the United States Treas?
ury the balance due the Bell System
for operations under Federal control,
in accordance with the settlement set
forth in the annual report.
"Adjustment to conditions arising
from and following the war is pro?
ceeding more rapidly than we would
have dared to hope.
"Since January 1 the Bell System
has already added over 808,000 stations.
This is a new high record, and in ad?
dition there are over 200,000 unfilled
orders for station installations In ex
cesB of normal. These stations are be?
ing installed as rapidly as possible in
view of the present difficulties of pro?
duction and transportation. Provided
materials can be obtained and installed,
present indications are that this year
will show the greatest growth in busi
J ness in the history of the Bell System."
Western Union Earnings
Net Income Equivalent to $6.97
a Share
The Western Union Telegraph Com?
pany reported yesterday a net income
after charges for the six months ended
June 30 of $6,954.000, equal to $6.97 a
share on the $99,786,727 capital stock.
Tho earnings for June were estimated.
Gross revenues for the half year
were $59,955,000. from which was de?
ducted $7,881.000 for maintenance,
$44,454,000 for other operating ex?
penses and $666,000 for interest on the
company's bonded debt. No comparison
with last year was available, as the
lines then were under Federal control.
Garb Market
(Continued from preeedlncj nan?!
l&OOnMacN Mng.. % % % %
3200 ?i/Marsh Mln.. 10 12 10 11
800 tMe.Klnley-Dar 60 60 60 60
260 ?Motherlode C. 5% 6 6% 5%
100 Mur-M M Ltd.. 76 78 7? 78
25 *N Jersoy Zinc.197 197 196 196
700 Ophfr Silver M % % % %
400 Prince Con_ % % % %
1000 Rex Cons. 7 7 7 7 '
3500 Roper-Group M .J? JL JL JL
300 St Croix Silver 1% l?{ 1% lu
2000 ?tSilver Jv Div. 3 3 3 3
1500 ?tSilver Pick. . 6% 6 5 5%
200 Star.d Silver B. % % v. v.
300 ?Simon Silver B 1% 1% 1 % 1%
1500 ?-Success Mln. 4 5 \ 5
300 ?tSunburst M.. 25 25 25 25
1300 ?Sutherland *D. 1 l % i i
650 ?Tono Belmont. 1% l? i ? is/
1500 ?Tono Divide.. 1% \*? iu i X
2300 Tono Exten. . . ?,8. i% if?* i ?*
15? ?Tono Mlninjf.. 1% 1% j? i if
270 United Eastern. 2% 2% 2*? "V
1600 ?tU S Cont M. 7% 7?! ??? 71?
2200?tVlct D (a p). f, 6% 5% 6%
1300 t\V End Cons.. 1A 1A 1 2 U
2600 tW Caps Min. 10 1ft ?2 , ft
2000 Wilbert Mining 4 ?3 4 4
Bonds \
frKl8.V.^0oml,tted^ ?pcn- Hl?- Low. La.t.
JJ16 ?Al d Packers 6s 70% 70 ?, rn -n
5 ?Am T & f 1924. 92% 92% ,',.,%, $?
15?An-A O 7%swl 99% 99% 99% 99%
80 ?Armour 7s w 1. 95 95% 9474 0,5 '*
15 ?Gov of Swed 6s. 81% 84% 8 4 ?414
60?Int Rap T 7s.. 68% 68% 67% 07%
7 ?Swiss Gov 5 %s. 8 4 84 84 84
15 ?Sine! Con 7%s. 97%* 97% 97% 97%
AllT-f C? ~7? n0tes 98^ 98,.4 ?8* 9?%
130 ?Vienna 4s . 8% 8% 7 ?4 ?
3 ?Westn Elec 7s.. 88 98 ?8 98
German Internal Bonds
(Quoted In dol?an por l.txxj marta)
Mark? (000 omlfd). Ope*, nig*, tow. La?.
800?Berlin4?. 24% 24% 23 33%
180 ?Frankfort 4a .. 28% 28% 27 37
150 ?Hamburg 4%s-. 25?4 25% 24% 2S
?Unlisted, t?el!? cents per ?hare.
Investment
Information
Questions of general interest to
i??,*stora will ha answered in thxS
eohSS, in which cane only initials
"Tbc >ueed. Others wtll be an?
swered by mail. Adf?"f ?T
auxries, heloetng a stamped, ad
IrlVsed envelope, to Financial Editor,
The Tribune, 15i Nateau Street, New
York City.
Has Bargain, Wants Another
Question?Please give your opinion of
Nfa?r York, West ehester * Boston 4% per
rent bonds. I havo one, aftfl if you con
,' j; ? good speculative Investment
Should ik? to buy ??n(>ther- * nav* ?>een
Informed that they aro Investment bar?
gains and that even in the event, of re?
ceivership tho Interest would be safe. I
should also like to have your opinion of
Cities Service Bankets shares. I have
read'-where you said they were very spec?
ulative; however, I am willing to take a
chance If there la a fair prospect of their
continuing to pay dividends?Mrs. C. B. S.
Answer?New York, New Haven &
Hartford Railroad guarantees the
principal and interest of the New
York, Westchester & Boston 4% per
cent bonds. As long as the New
Haven pays the coupons the bonds are
most attractive. The road itself has
never paid, in some years operating
expenses not even being earned. The
road was very expensively built and
the development of the territory
through which it runs has been dis?
appointing, we think. What the rail?
roads generally will be able to do
tinder the new legislation is something
time only will tell. If you feel able to
speculate apon the future, that is New
Haven's ability to continue the pay?
ment of the interest, we believe you
stand a good chance of being re?
warded. We consider Cities Service
Bankers shares speculative because
they are sensitive to earning power of
the company. We would not attempt
to forecast the dividend policy of the
company, which is largely engaged in
the production of petroleum.
Room for a Shock Absorber
.Question?Please give me an opinion on
Anaconda Copper, B. F. Ooodrlch, Repub?
lic Iron and Steel and Southern Pacific
Railroad. Also do you think Crucible
Steel preferred and B. F. Good'rtch pre?
ferred fairly safe 7?W. F. B.
I Answer?The four common issues you
m.ntion are highly speculative and
usually fall in with the general stock
market trend. All have merit in vary?
ing degrees. Unless you are prepared
to speculate and to receive shocks from
time to time we advise you to shun
tnem. Both Crucible Steel preferred
and Goodrich preferred are entitled to
good investment ratings, in our opin?
ion.
Good Non-Railroad Bondi
Question?Kindly advise when United
States Rubber Company 6s terminate.
Also give a list of a few long time bonds
(not railroads) that you consider Just as
high grade as United States Rubber Com?
pany 6s that 'will give a larger yield?
E. M. S.
Answer?United States Rubber 5 per
cents mature in 1947. At present price
the actual yearly income is 6% per
cent. Other good industrial issues are
Illinois Steel 4% per cent, 1940; Bush
Terminal consolidated 5 per cent, 1955;
American Telephone and Telegraph
collateral 5 per cent, 1946; New York
Dock first 4 per cent, 1951.
Afraid of I. ? C. I. P. A P. j
Question?I own 100 shares of United
States Ir?n Pipe preferred stock. Am in?
formed that during 1919 tho company'not
only failed to earn its bond interest but
closed with deficit of some $600,000/ and,
th;tt since the bond interest and preferred
dividends of $600.000 were paid In 1919
the aggregate deficit for the year equalled
over $1,000,000 and the remaining Bur
plus approximately $360,000. In view of
these facts (If facts they are) I was think?
ing it would be a good plan to sell at
about 4 3 and purchase at about 86, 60
shares American Agricultural Chemical
Common, paying 8 per cent, which would
bring $400 a year Interest of $600, but
would be perhaps a better Investment In
the lonjr run.?T. G. G.
Answer?The operations of the U. S.
Cast Iron Pipe and Foundry Company
for 1919 were substantially as you de?
scribe. What the company will report
for 1920 remains to be seen. If you
feel that you do not care to speculate
upon th?3 matter it would be better to
invest in some security of a company
whose earning power is ample to care
for dividend and interest charges over
a period of years. American Agri?
cultural Chemical is speculative also,
in our opinion, because the common
stock is highly sensitive to earning
power. We think for investment pur?
poses you had better consider only
good bonds as high grade preferred
stocks.
Thinks Prices Are Lqw
Question?Would like to have your com?
ments on the following: Pennsylvania Sea?
board Steel, around $25 per share; Wabash
preferred "A," around $22; Tropical Oil, at
about $20. They are all speculative, of
course, but I particularly refer to possi?
bility of dividends, general stability and
financial worth and whether present prices
are about as low as might be expected.?
F. L. P.
Answer ?On account of the depres?
sion in the stock market most securi?
ties are perhaps in a better technical
position than for some time past; but
we cannot say that present prices are
about as low as may be expected. High?
ly speculative issues such as you men?
tion may be affected by all manner of
developments. All have possibilities of
various sorts, the railroad stock being
largely dependent upon the operation
of the road urlder the new legislation.
We do not attempt to give advice on
speculation. If a man enters into it he
should be prepared for all sorts of hap?
penings.
Widow's Investments Are Good
Question?Kindly give ma your opin?
ion of the Central States Electric Corpora?
tion, of which I have 30 shares preferred.
Fort Worth Power and Light first pre?
ferred, Union Electric Light and Power
Company 6 per cent, refunding extension
mortgage. These I bought some year? ago.
I am a widow and seem to have no way
of learning anything about them?Mrs.
W. D'. M.
Answer?While the Central States
Electric Corporation preferred stock
is not high gTade, it appears to be a
fair investment. The Fort Worth
Power and Light preferred and the
Union Electric Light and Power bonds
are both good investments, in our
opinion.
Apprehensive About Coal Shares .
Question?I bought about a year ago 109
shares of Wayne Coal at $4.50. It Is now
selling around $2.50. What Is the explana?
tion, with coal at Its present price? Is
the stockr all right and do you advise my
holding on until I can sell out even or at
a profit??Miss M. A.
Answer?Your stock is not paying
dividends and is speculative. You
bought it in a bull market and at pres?
ent levels it Is naturally lower in price.
II, is said pland are under way for in?
creasing the capital of the company,
which now is $14,000,000, par $5 com?
mon stock. $6,292,105 outstanding.
There are S3.027.800 6 per cent bonds
outstanding. The company's net for
1918 was $563,633. It is managed by
successful men. We do not attempt to
predict the future price of the stock.
Four full columns of in?
vestment questions ana an*
steers are published in The
Tribune every Sunday.
NErV ISSUE
American Chicle Company
Common Stock
(No Par Value)
Transfer* Agent
Rjkistkar awb TuANsn? CourAHT
New Yoex
Registrar
Unit?? States Mortgagx akb Thcwt C?Jnr?A?jnr
New Yomc
i
We summarise as follows from a letter dated June 15 1920, from Mr. Darwin R. fames, J^
President of the Company:
Business: The American ?Cfiicle Company, organized in 1.S99, is today one of th?j
principal manufacturers of chewing gum in the world. It owns and operates
five plants in the United States, and through its subsidiaries, plants in
Toronto, Canada, and London, England. Included in its products which are
sold throughout the world, are the well-known Adams and Beeman's brands.
Gross sales are now the largest in its history. j
Management: Since the present management took control in March, 1916, the
gross business of the Company has been increased over 350%, and the earn?
ings available for common stock over 250%, compared with 1915.
Purpose of Issue: Proceeds from the sale of the ?ew Common Stock (82,500
shares) wili be used to provide additional working capital required for the
rapid expansion of the Company's business.
Earnings: Net earnings available for Common Stock, after all taxes, interest
charges and preferred dividends have been as follows :
Year ended December 31, 1919 v $1,419,745
Avera-ge for last 10 years :i",???' 1,082,393
Per Share on
i6z,5QO sfiares*
$.73
666
Relief from special taxes ?ad the extraordinary cost of sugar will, it is ex?
pected, result in larger earnings than any made by the Company in the past
' .,-r '.?>: ??*?'?
! Dividends; With the exception of two years, the Company has paid dividends
since 1902, avcraging'?$6..20 per share annually on the present outstanding
common stock. i^The recent rate has been $4.00 per share per annum, and
the Company states'that it intends to continue dividends on th? increased
capitalization at this rate.
The legal details in referents to this issue of stock have been approved &>
Messrs. sMeAioo, Cotton er Franklin
'Application uHU be made to list this Onttmsm Stock on tho New York Stock Exchange,
1 Price $40 Per Share
Hornblower & Weeks White, Weld & Co.
New York . Boston %. Chicago New York
Low, Dixon & Co.
NswYork
TJats informativ? uni those statistics aro not guaranteed but
MW been obtained from sources too believe to be accurate.
Boston
More Tban Half a Century's
Experience at the Service of
Your Estate
THOSE familiar with the commercial
banking service this institution has
rendered for a period of sixty-four years,
are in a position to judge as to its fitness
to act as trustee, executor, administrator, or
in any other trust capacity.
0 _
May we send you our book "The Trust
Department of The National Park Bank"!
THE
NATIONAL PARK
BANK
OF 'NEWYOSK.
"SAFE DEPOSIT VAULTS"
Stocks Ex Dividend
Data Company ? Per cent
July J5?Am Bhlpbldg Co...l% ?fc 2% ex
Julyl6? do pl . 1%
July 15?Am Tobacco Co, In com, B.TB
July 15?Am Zlno, Lead St Smelt pf. 1%
July 17?Anaconda Copper Mining; Co. 1
July IB?Atlantio Keflr.lnjf Co pf. 1%
July 17?B & O R R Co pf. 2
July IB?Chlo Pneumatic Tool Co_2
July 16?Crucible Steel Co of Am-S
July 15 do In com stock.16 2-3
July 16?Emerson-Brantingham pf.... 1%
JulylB?-Fam Players-Lasky temp pf. 2
July 16?General Motors Corp temp
% In cash and 1-40 a ?h com
July 15?Hupp Motor Car Corp. Y.
July 16?Int Mer Marine Co pf. I
July 17?Kelly-Springfield Tire Co
1 Ih C * *? in com
July 17?Loew's, Inc . V4
July 16?Mahoning Coal .R R Co. 6
July 17??Mldvale Steel & Ordinance... 1
July 17?Mullins Body Corp. 1 *
July 17? do pf . 3
July 17?Pere Marq, v t ctfs pr pf... 1 %
July 15?Pitts, Cin. Cbl & St Louis_2
July 15? do temp Pa Co ctfs of dep. 2
JulylB?Rep Iron & Steel Co. 1%
JulylB?Superior Steel Corp. IM
JulylB?TJntted Drug Co 1st pf. %
JulylB?U 8 Rubber Co. 8
July 16? do 1st pf . 2
JulylB?Vlr-Carolina Chem Co. 1
.
Dividends
Extra
New York, Hondura.?? and Rosnrlo Mining
Co.?An extra dividend of 2 per cent a
share has been d?:clared in addition to tht
regular quarterly dividend of 8 per cent
both payable July 30 to stockholders ot
record July 20.
U*?*u3ar Declarations
Rate and Holden
Period Payable of Rec
Atlas Powd Co, pf.lVi% Q Aug S July 2i
De Beers Cons Mng
Co, Ltd. Am ah. 12.8? July 21 July 2t
nia Cent RR Co.. 114* Q Sept 1 Aug
Oilmer, L H Co. ?jtklOO - July 11
LI g-Mar Coal Co.. 2% Aug 16 Aug
do atook. 6?* - Aug 1
Molnty Por U. Ltd 5* Sept 1 Aug :
Pitts & la Br Co. $2.50 .-a Aug I July 2
Pacifie Coast Co.. lit? Aug 2 July 2
The Outlook
for
Railroad Securities
Wo i_ra prepared a bookiot (fir?
ing a de tail ad and cotaprahensiT?
review of tho chanoine ?outlook
for railroad secarities.
This booklet also contains Im?
portant conjparatiTe data on tho
loading- road?, which should
prava of inter?*t to investors.
Booklet AA on Request
J_LUEI_&6a
! * M.am?xsr?
$ejoJ Yferi? Stock Fxckand?
l_OBB^DWSf
Bunch. Offices
212 FIFTH AVENU**?
3?a/cot7.26,exnf?T i
IXW?MCREB_1_?N9\
fcexo*.?42?i ?r a- mcMcm* ]
K&WYCRK,
do 1st *fd.1* Q Au? 2 July 24
do 2d pfd, atka. 1* Q Au* 2 July 24
So P R Su Oo, ?t_100* Aug ? July 24
Un Tank ?Car Co. ?1.76 Q Sept 1 Aug 5
do pfd etke_?176 Q Sept 1 Aug 6
F W WooUrortb Oo M Q B.pt X Aug 10
Am Bumat Tob Co.Jttt* Q Aug 1 July 24
Lee Rub & Ti Crp. 50c Q Sapt l Aug 14
/
Diversified July
Investments
CAREFULLY selected
first mortgage 6$
?bonds in $1,000 and $500 de?
nominations, with 4% Fed?
eral Income Tax paid, secured
by high-grade properties in
New York Washing*?
Chicago Detroit
Boston San Frand?**
Milwaukee Albany
?are described in our Jotf
Investment Guide, This -book?
let will prove invaluable m ?*"
leering a diversified list M
July investment. Write for ?*
today. Ask for
BOOKLET B-426
?SWSTR?USS
j tixsoLrtnis tees? ? ?i?>*'>",~.
150 Broad war, New Tor?
Telephon* Cortlamdt ?M*
Tklrty-eight ye?_-e witke?! ate?
to asijr l_?rastor. , _

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New-York tribune. [volume], July 15, 1920, Page 16, Image 16
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924