The evening world. Newspaper, August 7, 1915, Page 4

IVI “AValuable Series Oy P What Sicriaecate| Should Know About. l Oe Dividends, Ee Financial Analyses By R‘R: BATSON. CRUCIBLE STEEL public have become eager stock for the purpose of effecting main foundation. may be emphatically 7 Morgan & Co. have not been ra of Crucible Steel stock ' that they do not own a share of stock to-day. The firm has not responsible, directly or Indi- , for the tremendous advance the issue. Ht may be stated with equal posi- that the banking firm in is not attempting to form a 4 steel combine, and neither has “ft any plans with that end in view. Other Wall Street interests who be in @ position to acquire a it interest in the company y that any such move ts being at- by them. This applies par- y to Kuhn, Loeb & Co,, the Perkins and Henry Clay Frick. speculation in Crucible Steel has been more furious in point Factivity and strength of the stock Wall Street has witnessed in y a day. Less than three months it was selling around $18 per By July 20 it fad advanced to hem Steel Corporation, George | COMPANY—NO. 6. (Written Kapectalty for The Brening World.) Fed by reports that the Crucible Steel Company has received a tre-|— 8 aggregate of war orders and that profits of the company were be- #0 large that some of the strongest banking interests in the country endeavoring to obtain control of the stock in the open market, the and insistent buyers of the shares. 43. P. Morgan & Co. have been specifically mentioned as the biggest buy- of the stock. The story has been going the rounds of brokerage houses, geems to be generally credited, that this banking firm was acquiring a new steel combine, and the Bethle- Steel Corporation and the Crucible Steel Company were to constitute nn a een would be Plant at Harrison, N. J, $2,000,000, or only one-tenth of the coat Wall Street had decided upon, Because of this official statement of the facts of the situation the k within two days dropped from 61 89, It was what Wall Street terms shake-out of weak bull accounts: that is, persons who were lured by r« ports of big profite and had pur- chased small lots of the stock at the SYNOPSIS OF PRECED Gitay, 8 newspaper Nitle jnadom in fad Sip lot treadire, the the the throne, mr the Kin a. traitor ‘to norring | Count cure halt coin. Kit and, Roles gear vartment without finding st. but tease wy fntrader they fod. there They then go to Rachto's hanting age Ney secrete them vee. fast in thine liworary by ¢ \ Vhile they 4 man w wn yen window, raings a knife an Kitty's head, (Copyright, 1915, by Wright A. Patterson.) CHAPTER XXI. HE keen senacs of Roleau, schooled in peril, told him of some hidden danger, the very tenseness of tho situation warning him. Turning, he saw the upraised weapon, and in a flash a blow from his own powerful arm had sent it flying through the window. It fell clinking on the floor at the feet of Count Sachio and hia friends. Kitty, res- cued from @ danger which she had not realized, sprang back. An in- stant later Roleau had grappled with higher figure on ten points margin were forced to let go of their in- sumMiciently protected holdin, But the more powerful element was not discouraged. A theory for the advance was dia- covered. It was found (in imagini tion) that J. ulative open marke public buying of the shares, On Mon- day the stock sold at 66%, Tuesday it advanced to 75. The story of {attempted acquisition of control is generally believ but, as previously stated, J. P. Morgan & Co. do not own even one share the stock and they have not been responsible, directly or for the advan Steel has $10,880, funded per cent. cumulative Cru debt, $25, The pronounced advance was ac- | PO d by widely circulated re- that the company was receiving ® eonstant inflow of orders for war ‘The total of these war im the imagination of specu- reached the enormous sum of ‘The statement was widely that it had become necessary construction of # 00,0 Plant at Harrison, N. J. H. 8. agfornne pe we tene of company, a statement to effect that war orders amounted iscussed munition preferred stock received the ull rate bf dividends to which it is entitled, Hed nae stock has never received nd, son ‘Jane 80, 1910, Be srgnpany paid r cent. of the we dividends in an Obligation th ae has not yet been redeemed. $2,088,845 scrip outstanding which bears 3 per cont, annual interest. Accumulated unpaid dividends on the preferred now amount to 17% per cent. The preferred stock is not now receiving a dividend, tors in September last decided to defer pay- ments. Before common dividends can be paid the CoS now outstanding, the intruder. Hearing the sound of the encounter, jachio_and his compantor amounting to $2,083,845, and the 17% per cent, back dividends on the pre- ferred, calling for the disbursement of $4,437, ra total of $6,470,500, must be paid; and, of course, disbursements must be resumed on the preferred stock, Hellable information Is to the effect that war orders now amount to only 000,000, Profits on these orders mount to as much as $5,000,000, js a liberal estimate. The sum falls $1,470,000 short of meeting un- paid preferred dividend and scrip re- quirements. Then it the new pl extensions to other plants, particu- larly the one at Syracuse, must be financed. It is a matter that must be given precedence over the payment of common divi It has been suggested that Crucible Steel might pave the way for the payment of common dividends by paying off ed back dividends on the * red bond to be remembered thut and they would be particularly crit claed in the case of a company such | as Crucible Steel that has been able} full rate of dividends to to pays tl which the preferred is entitled in only four of the last fourteen years 02 COLUMNS OF DISPLAY ADVERTISING An Average of 2 Columns Per Day GAIN for July, 1915 was one of them. MADE BY THE BROOKLYN DAILY TIMES Over the Month of July, 1914 In other words, the Brooklyn Times printed 16,195 more agate lines of display advertising in July, 1915, than it did in July, 1914. Of the 19 daily papers in New York City only six showed gains during July. The Brooklyn Daily Times In fact, the Brooklyn Times was the ONLY BROOKLYN PAPER to show a GAIN in display advertising during this period—a positive tes- timonial to the value of its advertising columns. Increasing Advertising Patronage Denotes a Growing Appreciation of the Value of a Medium to| broke it in. ' HE EVENING WORLD, SATURDAY, AUGUST 7, ByEMEESON HOUGH it the intervening door and They found two strange fen engaged in an encounter, whose cause they could not guess, but both sprang i}of whom undoubtedly were intruders mir| in this place, valug of which she ing in fotling and who, therefore, might be regarded as enemies, “The American!” exclaimed Sachio, as now he saw also the young girl, |who was endeavoring as best she | |might to give assistance to Roleau in his struggle with the stranger. Roleau man was not easily 1 of, but gave even the powerful Roleau all he liked to do to handie him. Meantime Sachio fluag himeeif upon Roleau; his comrades did as much for the stranger. In the m which slipped from place to place upon the floor, Bachio Jet fall the little bag with the King’s half coln—in his excitement hé had n that he still had it in his hand, The stranger, Whose shifty eyes caught everything, saw the bag as it lay upon the floor. was the ob- Ject of his errand here! Once he had that in his grasp, he asked for noth- ing more Working gradually toward the place where the little bag lay, now under- foot, now scuffed aside by the strug- gling mi trip and friends wh They fell forgot ly before the packet. Swiftly t ng hand of the stranger reached out and caught It up. There remained for him no more relish for the fight, An instant later, his crossed arm against the throat of | his assailant, broke away, flung | through the open window and left the others to shift as they might Roleau, still held in the powerfui | grasp of Count Sachio himself, strux- gled furiously, all the time calling to Kitty to make her own escape, H saw, as had Kitty herself, that the other—and a stranger— the missing coin of | ealled Kitty. “Quick; he has stolen it, We must follow him!" And Roleau did his best ake himself free ot so fast, not so easily,” panted just yet. prowling about against thieves? what all thia means.’ “Go, Excellency, run!” leau, still to his mistress. them to me I'll come when I ca (To Be Continued.) ——— TO BURY GEN. TRACY MONDAY panted Ro- “Leave His Fo ity Charch, ‘The funeral of Gen, Benjamin Frank- tng from Trinity Church, Interment will be at Greenwood Cemetery. Gen. Tracy, who was eighty-five | years old, died of paralysis at the home of his daughter, Mrs. Ferdinand Wil- merding, No. 14 East Sixtieth Street. He was seriously il for three weeks hope of his recovery was aban- some days before his death, He rvived by his daughter, Mrs, Wil- merding, and a son, FY hee EXCURSIONS. SPEND SUNDAY, AUGUST 6, 1N THE MOUNTAINS Mauch Chunk Switchback Special train leaves COOL BEACHES. SURF BATHING. ROCKAWAY BEACH AND LONG BEACH, went train service via Lo rom Pennsylvania, Station ng lalend RM ‘Te trom (Th Ay, and 83d Lea | PAIS wer ge er can es “Quick, Excellency, run!” exclaimed | al Will He Held From) lin Tracy, former Secretary of the Navy, soldier, lawyer and politician, will be held at 10 o'clock Monday morn- | OctAN LINES aiBOaTS yet |[¢y | | WHERE 10. TO eoRND How rd GET THERE STEAMBOATS. Qe TS TA 8 EAMBOATS, s|\DON’T STAY HOMESUNDAY Come out on the Hudson River, where the cool breezes blow Everybody knows why the most popular steamer on the Hudson is the “Adirondack. PECIAL NOTICE. NO LaRDine AT W. 23D si iT Dow's TOWN sip sine” ‘ot CONEY” Vv) Fo to 1290n st. ei WAT BEACH wa GRAND REPUBLIC” Take the Children|| If you want to give your youngsters a treat that they will remember, make up a lit- tle family pe a and take the ‘ip UP the Hudson il all day if you like or go ashore and picnic; take the ride up Mt. Beacon—visit the amuse- ments at Orange Lake. $1 SUNDAY $1 ‘ik To NEWBURGH & ORANGE LAKE Leaves Pier 32, N. = Ms Canal Went 132d St-'Plern ernst canal St Leaves Newbu Round Trip Fare to Newburgh $1.00 HUDSON NAVIGATION COMPANY HUDSON RIVER AY MINE (ALBANY DAY LINE) wi Pinata) evar Donen any dees ieee ss Reet ce Wee Boise Dychemindlst Afternoon Boat SUNDAY. TRIPS] FALL RIVER LINE MANAGEMENTS STEAMER CITY OF LOWELL TO BRIDGEPORT race STEAMER RICHARD PECK 7 Lo dd sh exe oe ape her for Went Pc BEN B. coi STR. BE St. 0 A.M Nef | 4 OAM NTRAL HUDSON LINE St. “HIGHLANDER’ Wert uy ‘Sunda: Live, Battery 9.16, at 23d Bw, 00 50 round trip. rie morning boat N pure Fou pale King Point and A! ony r 82, __Telephone Spring—4141, = “MANDALAY” SHOAEWAY STARS ane CEL ceLediivids VALLEY GROVE 80 MILE SAIL ON THE SOUND HUDSON Tel. 8 9400 aM NAVIGATION w 40 the tn Bouthern, el fest sclamn work. abd cat " River Delightful Grove Dich of besgtn® mint Veecuanle ant enctet the DaNicixe overlooking L. I. Sound. Terred’:: exter reat cant of “prot i. V0 Weekdays . porn Fter Saht’"man, “Addeems stating’ age : $ MANDALA nd Sundays references, care ‘ovel Maruinigue, city.“ _ SAY MANAGER, ranted; leading dyeing, and, cleaning BATHING G STR. “MONTAUK” Leave pier ft. E, 34th St., 10.00 A.M. ia pier ft. E. 138th is 10.30 ry M, hours ashore, 5.30 P. et returning leave M. PAY $2 DOWN 51 WEEKLY REAL News Ld = a CLOTHING FOR MEN AND WOMEN. Snappy Styles Made to Order, of dead | Ai New Gravure Hy PICTURE EVERY 4 SECTION WEEK of : Printed THE WORLD in New York Beautiful Gravure Aug. 8, 1915 [HE NEW GRAVURE SECTION with To-Morrow’s SUNDAY WORLD is a fine example of photo- T graphic art presented in the soft tints of the latest invention of Gravure coloring. WAR PICTURES direct from the FIGHTING FRONTS On one page there are pictures of groups of prisoners from three nations, so distinct and lifelike that they could readily be identified. A BIG DOUBLE PAGE work of the towns. On another page there are scenes among the victims the war, so clear and realistic that it seems as if one looking at them from a safe place in the side lines, is devoted to most interesting pictures showing how people back i their home cities are helping out in department stores and in the roug New group of film stars—actresses who make the m famous.—8 PAGES in all and printed in the rich brown ink of the Gravure process. un finely tinished paper. Another picture shows a town, which sent every able bodied man to the front turning out to greet the first injured soldier to return, THIS NEW GRAVURE SECTION is an ADDED FEATURE of the SUNDAY WORLD. To be sure that you will get it have your newsdealer book your order NOW, ss Special Features of To-Morrow’s Sunday World Magazine mystery, by Arthur Benington—“I Am King Auto,” by Reginald L. Foster—Another Arlie Latham Story —A story about Gene Stratton-Porter, famous fiction writer—Roof Gardening, New York Style—Double page illustrations, in color, and a dozen other good things to read. COMIC WEEKLY Three News Sections Great Want Ad. Directory ERY ecrion Order To-Morrow’s SUNDAY WORLD from Newsdealer To-Day A map of and practical guide to The Bronx Zoo. In color. A special feature of unusual interest, drawn by A. W. Gunya—The Mystery of the Marked Poster, that kept Newport guessing—A Police Story compiled from the official records of Rome, full of