The evening world. Newspaper, June 24, 1914, Page 12

eianiaieaiin "William Averell Harriman, 23, Becomes Union Pacific Vice- President on July 1. ‘William Averell Harriman, twenty- three years old and a graduate of ‘Yale last year, will, on Juty 1, become Vice-President and Director of Pur- @hases of the great Union Pacific sys- #2m,which his father, the late K. H. Marriman, buitt up. ' He will be the youngest man in the United States to hold a similar high office in the railroad business, but ‘will take up his duties as « vice-pres- ident after having had for several years exceptional opportunities to earn railroad management. He is the ‘eldest son of EB. H. Harriman. In his new office Mr. Harriman will hhave entire charge of the purchasing department of the Union Pacific. The _ Place was provided for the aon of 4 the former Chairman of the Board of Directors by ihe resignation of W. 'V. & Thorne, Vice-President and Di- rector ofgPurchases, tendered several ago. A Wall street report that Mr. Thorne, who bee chief utives of the Hari idatied at the Union Pacific yenterday. Vice - President Thorne, who makes his headquarters Chicago, said yesterday: . “Although I have resigned as Vice- mt and Director OF Purchases of the Union Pacific, I shall remain ®@ director of the company. My , resignation will become effective suly _ ‘1, and shortly thereafter I expect to take my family abroad for about three I.am not prepared to say ‘what I “will do on my return from . Averell ny has been f the Union Pacific Railroad During Fie father’s life he cained some ‘practical experience both in railroad operation and construction ‘work. During his college course he @pent several of his vacations with Pouite lines in the Yar Weet, WESTERN UNION STOCK 563g, LOWEST IN YEARS Underwriting Syndicate, Whiclt Took Stock Over From Tele- phone Company, Dissolved. graph Company sold down to-day to, 50% a share, the lowest point in a of years. This was the re- sultef dissolution of the underwrit- jos synticate of bankers which took “ever the $3,000,000 of Western Union ptock formerly owned by the Ameri- an Telephone and Telegraph Com- pany, which had to be sold because the Government dissolved the Tele- phone-Telegraph Trust. ‘The Telephone Company bought this Stock in 1909 at $85 a share and sold 4-2 few months ago to a syndicate formed by Kuhn, Loeb & Co. at $00 _ @ ahare, netting @ loss of approxi- $7,500,000, syndicate announced to-day Western Union shockholders had a7 Bee cent. of the amount at ‘@ share; 60 per cent. was distribut- eefloipants in the unde yee) ago and the remain- reentage was taken up by, he ie perc eriers. made of how pa the “ioderwriters had in unloading at prices from 63 downward, but it is that they have some still; on hand. Control of Western fg now in the hands of Kuh & Co., who are directing its af- through the new President, b Carlton. Albert H. Wig- President of the Chase National bas been made Chairman of Rxecutive Committee and ad- pr to the President. —_—_——_ TWO DEAD; TWO MISSING 18 MINNEAPOLIS STORM Many Caught in the Tempest While Boating May Have Been Drowned —Damage $100,000, "MINNEAPOLIS, Minn., June %4.— ‘wo are known to be dead to-day, two are missing and dozens are re- © ported seriously injured as a result) ft the tornado which struck Minne- @polis at 9.45 last night. bouses, barns, greenhouses and out- ‘The known dead; Esther Munson, Park, ond Loretta Grams of Jordan, - Mins. _ Those missing o. ‘Jordan, and Margaret Kelly of polis, storm struck St. Louis Park % and demolished two houses. Es- Munson was in the dining room crushed be- | kes in Minneapolis, | whoats were on the Dozens of boats were washed the shores this morning and it that many were drowned, Ro bodies have been found. Grams oad, her escort were Stock of the Western Union Tele- |‘ Damage! estimated at $100,000 was done to }\ geventeen years old, of St. Louis! Louls Grams! THAT CAN SWALLOW A Agassiz, and He’s a Judge, So He Is. ‘The Uranium Line steamship Uran- jum, the identical ship from which Otto Van Warpf, the hat blocker of Danbury, Conn., strayed and thereby lost his bride, Edwina, came into port to-day wt! a story of a white whale. The Uranium Line ships do not carry harpoons, and so it was impossible to capture the white whale and bring ft Into New York harbor as a sian and en of the veracity of Capt Ana But Bill Quigley, the Bat- tery boatman, when asked whether there were white whales at all at all anywhere swore by the great horn spoon that there were auch, and that they belonged to the peluga species of whaledom. “It was Sunday morning,” said the captain, when the ship news men had themselves comfortable in his cabin. “We were off Halifax, the same town visited by Otto not so many weeks ago, We sighted a white object and I took it to be an overturned lifeboat. We stopped the ship and sent out a boat's crew to investigate, e men pulled up to the white object only to be showered by a great fountain of | water. Then they knew that they had | come upon a white whale. kept busy baling outyghe boat for sev- eral minutes for the white monster beam of twelve feet easily. It could hold a powerful sight of water. “The bont's crew got back to the ship as fast as they could, but the white whale seemed Interested and followed. The leviathan cruised nround us, looked us all over, swal- lowed about 17,000,000 of gallons of water and then treated us to a shower that would beat a rainstorm in the County of Mayo. After that he wig- led his tail and departed.” Capt. Agassiz is a noted expert on water. PANHANDLE PASSES Declares Nothing on tae Common and Makes a Cut in Preferred— Earnings Decrease. PHILADELPHIA, June 24.—The directors of the Pittsburgh, Cincin- nati, Chicago and St. Louis Ratlway, f the Pennsylvania Ratiroad, to-day passed the dividend on the common stock and reduced the dividend on the preferred stock to one-half of 1 per cent. for the quarter. The Pennsylvania Company direc- clared the usual semi-annual dividend of 3 per cent. The Pennsylvania Ratlroad di- rectors declared the usual quarterly dividend of 11-2 per cent. The outstanding capital stock of the Pennsylvania Company is $! 000,000, all of which is owned by the Pennaylvanta Railrom, The Panhandle directors decided sangelly in June and December, in- ot quarterly, In announcing tte dividend action the Panhandle Board issued a statement, saying: “The company in #ecent years has declared five per cent. dividends per annum on both classes of stock, in- cluding the year 1918, when that com- pany and other lines in the same ter- ritory suffered severely from disas- !trous floods. failed to earn the dividends paid to the extent of $2,600,000, but the direct- ors believed it wise policy to continue the dividends at the regular rate and utilized a larg from previous years for that purpose. “In March, 1914, however, the di- Tectors deemed it prudent in view of the large decreasé in gross and net earnings to reduce the dividends, and lared a dividend of 1 per cent. on the preferred and 8-4 of 1 per cent. on the common stock. Since that time conditions have not im- proved, there having been a con- tinued and increasing decline in gross earnings and the directors decided that the reduced earnings of the company did not justify the declara- tion of any dividend on the common stock, and declared a dividend on the Alexa Radical Reductions TURRBLE LOT 0° WATER’ 17,000,000 Gallons, Says Cap | They were | } was about 100 feet long and with a/ 4, DIVIDEND ON STOCK) Fy tora, the lines west of Pittsburgh, de- |( hoa hoard to hereafter consider dividends semi- | fc preferred stock of 1-2 of 1 per cent.” DIVIDENDS DECLAREQ, Record Term, Rate Bic Date Gan By gal % Y june (reg teed 3 135 Jaleas Sul om aa. 2G Bet. 1 Aug ° July 18 June 30 duly 8 ny 6 ‘Ane ot uly 18 Shoe Sale | Begins To-morrow for Men, Women and Children THE EVENING WORLD, rh a WALL STREET. Market Closing—Having utterly failed to develop rallying power after {ts early decline market wan subjected ternoon, and further declines occurred |all along the tine, There was such a ing was so persistent that many trad- ers expressed the opinion that rate decision would be unfavorable William Rockefeller was with considerable sales of stocks, pos- sibly for reason that *malgamated, St Paul and N. Y, Central were among the notably weak features, by weekly reviews of stecl trade jour- nals, which while not exnctly pesst- mistic were much less favorable than those of past couple of weeks. Openine—In absence of a buy- ing demand the market was raided shortly after opening and prices de- clined. A number of weak spots showed In second hour, Sentiment was decidedly depressed and many of the little bulls sold out or were caught out on stop loss orders. There was a considerable volume of activity in the early afternoon at the lower prices but the market did not show any rallying tendency. Western Un- jon rallied from 66% to 57%, but most active isaues showed losses ranging from % in Bteel to two points in St Paul, Lehigh Valley and others. THE CLOSING QUOTATIONS, % Ad Al Am Am, Am: Am, Am, Can, Am, Am, i = RS Al alle Cont. at re! 110% Ise “a2 4% 41% se Bethlehem first mt td a ” 1 a” T. A coi oo j 8 ‘s 5 eel tt Se BH & he 0 bt 8 Chee. onic, 3 Ww aby ee FS SSEat * 3: # a 4 a ‘ « 1 I 1 iit if I pier, Paper. . inter! Paper pt at Vall a ts was SEah5r. SESSSNE: eerores OS STE cr = SHE SEE. Roses 3" SERBS WAVSRERE arcs oe oF PEE TE FS pest sae: & eS Sasesete. art of the surplus | === FRECKLES Now Is theTime to Get Rid of Those Ugly Spots. There's no longer the slightest need of feeling ashamed of your freckles, as the prescription othine—double atrength ‘guaranteed to remove those homely freckles have be; to disappear, while the lighter ones re vanished entirely. It is seldom that more than an ounce is needed to completely clear the skin and gain » beautiful clear complex Be sure to for the double strength othine, as t sold under guarantee hd Soney back if it fails to remove nder’s in Summer Shoes to renewed selling pressure in late af-| complete absence of support and sell-| | credited Decline in late trading was helped) WEDNESDAY, JUNE 24, 1914. Amalgamated Copper merican Can pf. 7 American Car & 4 American Sme! 7 American Sme' 10 Canadian Pacific ® Consolidated Gas. 7 Great Northern pf. Lehigh Valley... | | | rthern Pacific. Pennsylvania . Reading .. Southern Union Paciti 1S. Stes ITEMS FOR INVESTORS. United States Cast Iron Pipe and Foundry Company reports for the year ending May 31: ‘Total incom, $1,191,632, a decrease of $614,340 f the previou increase $9 decrease 6: ferred, usua of year, payable in four quarterly In- stallments, was passed The Western Union syndicate un- derwriting agreement in connection with the sale of $30,000,000 Western Union stock formerly owned by the American Tel. & Tel., terminates to- day, The stock broke 1% to 56%. ear. Interest, $155,500, Net income, $36,182, Dividend on pre- Baltimore and Ohio is expected to benefit more largely by any increase in Bastern freight rates if granted, and its May statement, showing a de- crease of $1,381,000 in gross business from previous May, was studied with a good deal of interest. This loas was partly offset by reductions in expenses amounting to $ 44, so that the loss in revenue still exceeded the reduc- tions by $758,299, Pittsburgh and St. Louls common, following the announcement of pass- ing of the dividend, sold down to 69%, a loss of 8% points from yesterday's close and t' > lowest at which it was sold since 1908, Third Avenue Railway system: Ne income for eleven months ended May 30 was § 1; decrease, $267,783. showed an increase of $34,21 2 CHICAGO WHEAT _AND CORN MARKE ‘Tuestar'e WHEAT, ‘Tuesday clow, wt Wheat opened with July the fea- ture, off 1-2 to 11-8 cents, Claims of excessive rains and wind storms caused short covering ; also the fact that rearket has declined more than 10 cents a bushel recently was also an influence. Wheat was steady in rly afternoon, closing 1-8 higher to 3-8 lower. Corn showed further strength in spite of profit-sharing sales on small bulges. Closed 1-8 to 3-8 decline. pie scaled Vie Mol hed YORK COTTON MARKET. Cotton opened steady. no aggressive buying, however, and although leading spot interests ab- sorbed offerings of July they ap- peared to be sellers of new crops. Market closed firm, 10 to 16 points declared at this timo | p QUINN TO BE HEAD OF STATE LIQUOR DEALERS Gaucus of Convention at Albany Decides on Him Unan- imously. ALBANY, June 24.—The State Liquor Dealers’ Association in conven- tion here will elect to-day without op- position M. J. Quinn, of No. 607 Ninth avenue, New York City, as president of the organization. ‘This action was decided upon at a caucus held last night. He eeds Charles J, Reilly, Mr. Quinn has been in business in New York City ever since he arrived there from County Clare, Ireland, at the age of sixteen years. For the past twenty-five years he has conducted a Hquor store at Thirty-eighth street and Ninth avenue. He is secretary of the Huron Cigar Company, Empire Liquor Company and| ident of the New York County | Liquor Dealers’ Association, which | office he has held for three years. a secretary of | WOMAN WANTS TO HELP OTHERS By Taling How Lydia E. Pink- ham’s Vegetable Compound Restored Her Health. oe Miami, Okla.—“I had a female trouble and be hed that annoyed me continually. 1 H tried doctors and all until I took Ly |. Pinkbham's Vege- table Compound. I hope my testimonial “will help other suf- fering women to try your wonderful medicine. Mrs, Mr. Quinn takes a strong interest In civic affairs in his neighborhood and ts a member of the West Side Taxpayers y Ol Association. samh NO CITY PRESS AGENT, SAYS MAYOR MITCHEL 6 ono Denies That Dr. Blan Is a Booster —He's Only a Sum- marizer. Mayor Mitchel denied to-day that Dr. Louts Blan, a clerk in the office of the Commissioner of Accounts, ts acting as a press agent and news censor for the administration, ‘In my inaugural address,” sald the Mayor, “I asked the heads of de- partments uot to give out news un- ul a few months had elapsed and they had some results to show. ‘They have done so, and now the re- are coming out, After the re- d I have no ob- ction to the heads of dep..rtments doing all the talking they want. "Dr. Blau's work is purely mechan- teal, He summarizes reports and has no authority to add to or take from one fota from a Commissioner's re- | port. There ts no news censorship in this administration separate yo! lke ght. “Add the butt Presto and milk iy, Beat smooth. Stir in flavoring, whites, beaten stiff and dry. Shallow buttered cane ene. Moderate oven. Pill with desired fi Orde a patage of Prime Pious “Ying power w prices without a: 7! “No Club Fees GREAT JUNE HOME OUTFITTING SA remarkable bargains have been added to this mos have been maining sto: P Every ple ingly low pi Nearly 60 ye be furniture business in " porch, lawn and living room, “eb re America’s Greatest Furniture House s5eBhece Sth Av. 36% Bae OUR ONLY STORE -we oles SATURDAY EVENINGS UNTIL 10 O'CLOCK LET US START YOU HOUSEKEEPING! raged and the wonderfully large volume of our business sive usa us to undersell all competitors, city is proof that Our Prices The prices of advertised articl but The prices of adverts icles are but examples of the wonderful barga hich on You can open an account with ny extra charge of any kind, CREDIT, WE WILL G' pLY EXTEND IT TO YOU ‘This cash t of 105% whethe ieenavertived. rete Seen 1m Refrigerator REGULAR PRICE, 835 a bei MPARE P Y Solid Oak Rocker fo naving to, you of hi ood on on Se EA embracing everything desirabli M AR R. MILLER, Box 453, Miami, Anether Woman Who Has Found Health in Lydia E. Pinkham’s Vegetable Compound. Lindsborg, Kansas. — ‘Some years 10 I suffered with terrible paine in my ¢ which I thought were inflammati also with « bearing down pain, ba ache, and I was at times awfully ner- vous. I took three bottles of Lydia E. Pinkham's Vegetable Compound and am now enjoying good health. 1 will be glad to recommend your medicine to any woman suffering with female trouble ind you. may publish this letter Mrs. A. L. SMITH, R. No. 8, Box 60, Lindsborg, Kansas If you have the slightest doubt | that Lydia E. Pinkham’s Vegetable | Compound will help you, write to | Lydia FE. Pinkham Medicine Co. | (confidential), Lynn, Mass., for advice. Your letter will be opened, | 17 Minutes Grand Central to A. & S. Subway Station, Hoyt St. | Thursday Bargains F 50c Cotton Waists, 29¢, None C.O.D. Store orders only. 98c to $1.98 Waists at 69e. Special Savings THE THINGS YOU WANT MOST and the most extraordinary little prices—that’s the story of these wonderful Thursday sales in a nutshell. Thursday here'is the day upon which you may enjoy most remarkable savings on new, crisp, fresh merchan- dise. COME EARLY AND GET YOUR SHARE OF THE BARGAINS. If you are residing in the country, our splendid deliv- ery service will make it easy for you to shop by mail. In most every town on Leng Island we deliver right to your door with our own wagons. Old Bleach Linen Suiting, 3S¢ value it 25e a yard. Store orders only. Btreet floor, Livingston et., Best Butidiag } . 29 an ot SS tent tn ots bate | ide Wack, Bea ytd LONG CREDIT—LOW PRICES—AT Misses’ and Juntor Dresses.) 98c. Men's 15¢ Cotton Half Hose, Se Brooklyn's Most Reliable Dremn age oe Gere — Furniture and Soc German Ticking, 19¢ 2 No Mail or c.O. D. Orders. Hardwood jon finish. "Limit 2 to a customer. 3 to $5,000 noma On Small sma s Accounts Especially Invited ariel Fhacol Morning WE GNE FREE a LIFE INSURANCE The fact that we do the largest are the Lowest every Dainty Summer Dresses, $4.98 and $6.98. Sizes 14, 16 and 18 years, Becond floor, Central Building, Men's $12.50 Blue Serge Suits, $9.85. Women’s sixteen-button Silk Gloves, double finger tipped, in white and black, 55¢ a pair. ‘Stewet Moor, Court, Weet Bullding, Men’s Athletic Underwear, 23¢, Men’s Underwear, 29¢, Slight mill imperfections, Men's Combinations, 59¢, Nicely Sleeve Board and nickel plated bottom Sleeve or Flounce Iron, 21c. Women’s Cotton Ribbed Un. dervests, 9c, Women's Combinations, 21¢, Stightly imperfect, but the regular 29¢ quality. ‘Street floor, Fulton street, Central ‘Duilding. 69¢ Fireproof Pudding Bowls, 39c a set. orders only. yard. 1S¢ Hemmed Bleached Muslin Pillowcases, 45x36 inches, 12%e each. Good qualify yard = wide Bleached Muslin, 8 a yard. Serond floor, Men’e Butkding. ‘Subway floor, West Building, Women’s Fast Black Seamless Cotton Stockings, 10c¢, Stockings, 25¢ quality, at _1@e, Gtrest floor, Fulton street, Central Building. Sanitary Dress Protector Aprons, value 25¢, at 19¢, Store orders only. Hair Nets, assorted shades, value 15c, at 10¢, Store orders only. Street Noor, Central Building, Women's Suits, $5.95 and $11.50. None C. O. D. or on approval. Women’s Silk Coats, $6.98 and $9.95. None C. O. D. or on approval. Women’s Pure Linen Balma- caan Coats, $2.95 and $3.95, Gesoad floor, Central Butiding, Street floor, Men's Buikting, —_—__. covered, well made rider Noor, Rest Building, Women's Black and White Striped Percaline Petticoats, 286, Store orders only. Crinkle Seersucker Petticoats, ‘ Six to a set. Store advertised articles at the advertised $3.49 American Cut Glass Wa- | 39¢: \ ter Pitchers, $2.25, Chambray Petticoats, 49¢, i Lk 98 378 or Gas Ceiling Se ae ights, $3.7 at ou doit or Desk Clocks, Palla Leather Pumps, TT" Batomay foe, Cental Batiding, Women’s Patent Leather Colo- ial: $1.50 to $3.00 Corsets, 98c. pith nati umps, $3.98, rititetr at New Nemo Elastic Top Cor- Fad Que Wan eames % in Bon wall ay Blast byte ‘ingte. peascps erful sale, Manufacturers’ enti cost and will be sold at correspon: Regular Price 82,25. ir fp_ Satin Watont Dresser, Hea: Trice 690. sets, $2.00. #8 to $3.98. Second floor, Fulton stavet, Kast Building, 10c, 15¢ and 19¢ a yard. Hammocks — Third priced. Original prices were $8.98 to $14.98, now $5.98 to $9.98, Colored Women's Wash Skirts, $1.50 and $1.98. Women’: Dresses, $9.98 98, $4.00 and $5.00 White Trim. med Hats, $1.95, $3.00 White Satin Untrimmed $12 Abrast Corsets, R t Sale of Cotton Fab- Hah $1.00, emnant Sale o ion Fa me * rics, 10¢ to 69c¢ values, at Se, eae of White Heckle Btreet and Mecsanine floors, Bubway floor, West Building, Rey, ak Infants’ Long Dresses, 49¢, Infants’ Short Dresses, 49, Infants’ Long Coats, $1.98, Second floor, Fulton strest, Bast Building, Under- Fourth feor, West Building, . Flouncings, 49¢ and| 4% All Wool Storm Serge, 39¢ 69c a yard. Value 89c and $1.25, |4 yard. $8.98 to $19.98 Hand Embroid-| 39% Mohair Brilliantine, 29¢ a ered Robes, $5 to fo $12. yard. Great oor, West Building, , Covtral Building, 1,800 Men's Fancy Shirts, 39¢, Men's 25¢ Tubular Wash Four. in-Hands, 15¢, Men's $1.50 White Madras Pae s $15 to $25 Silk floor, Centr! Building, Women’s Fire Gauze Lisle |] rh