The evening world. Newspaper, February 26, 1919, Page 7

| WALL STREET News and Gossip of To-Day’s Market—Present and Fu- | issue to 113. The supply of this at has become exceedingly small. lic interest In the issue is practic negligible, The poo] responsible its extreme market meeting with little or jin setting a new high jeach succeeding day. record It is repor one large commission house is hi y Am. Rew: Surar ture Prices, ing 10,000 shares of stock, the aver- | {™ (au age cost of which is around $2 per’ 44% | Tr ‘ share, This stock has been held since Am. ar . here Was a much healthier ap-| reorganisation of the company and | APsopta, Mining. Dearance to the stock market to-day, | now whows a net profit of more than | Mi; wilt & Ww. i owing to the fact that practically ail) gr 999,000, [Hila LOR oc! joined p~ pth eth, Sts Bethe classes of stocks joined in the UP*| General Mozors mace a new hi git | Rew fy, Tn ward movement. Motor and rubber | second for hig movement selling Lida to Ng cob Ath ade da hl more than 3 points, Whtie Motors | [anda ers, but other classes of shares gav sold up more than 6 points, Other [fj Me d account of themselves. j, | Motor shares, including Pierce-Av- | Cora ® opening was fractionally | pow, Wilive Overland, Stutz and! i" higher than yesterday's close and t Studebaker scored advances of from upswing gained new headway in the!) tg 3 points, ‘The day was not witit- first fifteen minutes of trading. Tho| cut its budget of unfavorable nuws position of shorts in Kelly-Springfield which, however, a of late, has been the o was without effect on pric Tire was made much more uncom- fortable by a rise of 5 points in that! ne Gui States Steel Company —= duced its common dividend from BANKING AND FINANCIAL. 10 per cent. to a 4 per cent. basis, cause off as the | stateme the outlook is rant a continuation This stock ain to w a 10 per ce MERRITT OIL apparently on reliable authority, that ok Pub- | TODAY'S PRICES fluctuations is no opposition with f ted, old. ase ef. | feuiah V res na ar Centra x CLOSING QUOTATIONS. opened 53-4, high 53-4, renewals § ruling 5, last 5. Inde- low 5 1- pendent opened 61-4, high 61-4, low 51-2, last 51-2, renewals 6, ruling 51-2 per cent Commercial paper rates unchanged at 61-4 and 61-2 per cent. for mere attractive names of regular maturi tles. CLEARINGS New York, $705.2 408; increase, $145,038, $66,847,847; inrease, § Exchange. Close. A slight rally ocurred in Pesetas after mid-da rate recovering 5 points Stockholm Fr. rs. dem., . 415-18, Chicago range CORN 1041 GRAIN today Maret: May Jw March Moe July May May Corn, 5-Bat-4 up 18: Cotton May, up I-tats Oats—May, unchanged July, up 1-4a 1-8 Range for day July, up 10 rate. drey ped more than $5 but steel shares gene Hangs ‘tor day excelent account High law History Chitea States accel Was b eu . We vuLgal, and sold s hd —Properties Bain of wre tak a poin, i wn —Late News Solu Uy it Market steady. May ‘ sbiliti to 14.71; 14.40 to 1442 —Dividend Possibilities were further reductions of 14.08 to 1 August, 15.85 to vr dividenus, « continues lack of October, to 13.79 Nove This company is credited with for the metal at ine oy M December bringing in ten big wells since the vel quoted meagan: ot firet of the year, Analysis just and the extenc to which cop) LIBERTY BONDE ruary, panies are going in cutung wuction, Wus suuWn by tue the Cuinu Company compiled 49 yours for the asking Clip ad. or mention M. O. 38, gee te healiy W per cen. cloWever, no itesa 0.08 Abe T0 ew York Dock Com SCHMIDT & DEERY [fll s2.u stones ere 42 | PARSIEGS New Tory pook com. | duced, Un the contrary, they were ‘i $98,047: ‘net attér expenscn, A | Members uniformly strouger tuun ior tne past | Total shaves 944,500 whares . Wr ue eal Consolidated Stock Exchange cf New Yerk week or Mure Bond Sales to-day, $8 5 | | Marine shaves Were influenced by BU PH ehlaieshtpien ' apt turnein tae on wt " a —e orthington Pum» | Main Office, Uptown Offic President Praniain apparen Foren Cont. Rabin la) ub. ose Ine ed A und 11 torr 30 Broad St. 319 Fi v sunors circulate p | 2Rtar Conk, Rubies 10) ap 887, sine both ‘payat Tel, Wrowt Sik Muireay Mill 6950 Taat as car as he knows | et en ei stock prices: Bont Du Pont de Ne aC Phila, Office, O25 Widener Hide, f naa sy bthegaredt Int, Cont. Rbr 19 | ' Esco Sie wh ws 14, on ‘a in the gtatus of joum af y Letters of Report of President Judging by th Endorsement by Banks, Oil Re- Fi neeas a ov hing spell before tineries, Successful Oil Companies. J) upwu a Movement cau be vigorou sab bik Deane resumed. Money market conditi we BN ave beginning to play an import WATCH THE MARKET DAILY ON HUDSON OIL. J. J. BUTLER, Specialist, 307 Broadway, New York, N. Y. | Part 1 suapag the course of pri Although commercial burrowings: | uh, rates show u decided tenae: to haraen, and it begins to appear measures are aire sensitive to unfavorabl was two weeks or 80 back before Way. bhis is Curb Securities To intelligently direct the market commitments of investors in the vari- ous MINING, OIL and Industrial securities traded in on the New York Curb we have perfected a broker: service that for the past 16 years part to th snort interest has been for to cover their commitments and | left the market in a materially weal | technical position, kvery bull ket has normal and healthy re possible for us to furnish you up to the minute information of incalcu- lable value in your market activities LY MARKET LETTER, pub- lished every Friday, free on request CHAS. A.STONEHAM& Co. {ABROAD STREET” PROMOTIONS buying and encoura sional snort interest A novel financingeplan is about jbe tried by the cite | pany, official announ: | may be made at any time. The st this high figure it is beyond the vei jot the average trader, sary to put up from 50 to margin against its purchase. jcompany now proposes to place 3¢ ILLINOIS PIPE PRAIRIE PIPE Two extraordinary Standard | value of $100, with the Bankers’ Tr Company asx depost latter company issu ry, and hav shares of non-voting stock, to Gi Figs ine preaiies: known as Cities Service Bank Write us to-day for the facts Shares, Holders of Bankers Sh il) have the right on notice to L. L. WINKELMAN & CO, | : pository to surrender their shi Consol dated Stock and receive Im exchange one ef sie nt stock for each ten yhares se-! |] A syndicate is being ‘ormed ii write the Bankers 5) \\ + share, less 6 per cent, * | net cost to the syndicate \| ; re. The new non-voting shares) || ARTIAL . it 18 understood, be offered to the| ||} AYMENT $35 per shat 1 LAN The resourceful pool operating in| || n Mercantile Marine js still s ||| enables you ‘to acquire securitics on! the ships of the company to this 1H Aty payments, Send for our S-page f\ernment and then withdrawing th | pamphlet covering this method o” stork Hl trom sale, Because of the announc \\ par alan our market summary. I ment just before the close yesterday | || L. COOKE & CO. that they had been withdr i Tel, sale for the ninth or tenth 1 stock broke sharply to 971 1} loss of nearly 3 points for the i] (DIVIDEND PAYING ])A0'scon'as new large short interest | || * buill up it Is to be expected that| ||f STOCKS AND BO: \BS the non! will all but close a new ¢ ai _ ig, | for the sale of the company's tonnage! {im ur Sere er ommend » th Government and the tock i} Eugene J. “Callahan & Co, | esis ve wroroumy i N.Y, BO Brod Mt. Tel. Broad 744 BANKING ANO FINANCIAL, which yaowed 4 arup in producuon or stock market's action 8 than it fact that the buts inare| yf represented the standard brokerage {| Ons. and many operators who are Etecy th araey Teseaet Working hardest on the long side Would be satistied to see a temporary Representation in every mining and ‘action from the present le’ they oil centre of importance makes it [| figure it would induce trean public a new profes- Service Com- ent of waicn | ‘of the company is selling in the vut-| for it is nec | Shares of treasury stock, having a against it 300,000 | jas compared with yesterday | tion of 10.90 to 1 9 1-4; Spot points. sales, Last, Chee, fete $00 Midditng jplan 100 bales. onthe debent ed prompily sulu up to a1 ; 25. Common diy i ts same WL l-4, & Ban Of Hearty Lour points Fal Oil, | 8 last year. EB. 1. Du Pont and d | Kavroad snares maintained early | 103 to. 72 | Nemours Powder Company decia jstreagin throughout tne the | 4, 41-4 to, Tegular quarterly dividands of 11-3 leauiny issues gaining Lor , 2 | per cent. on comr and 11-4 ne More, Investment buying of these : Mitre, a KS 18 reported by commission | Ht Je eere nouxes to be iurgely on the tacrease, | BE Am, Tob > ° Bullish Operacuvns we uided by an ne o'clock pricer na and Inter- | i case in money tates, cal! money ree [continental Rubber were features, | Es newals being obtainabie at 5 4 r after selling at 7 1-2, gained | PROGRESS cent, ugdinst a igh of 6 1-26 9 : TEA) asa Teich ee ee day, anu a high of ¢ per cent. on Mon- | <8; Royal Dutch, 87 1-2. up 2. | Ee ENDORSEMENT] «: {Carib Syndicate quoted at 10.50 to 11, ss quota- Cities Service Co | BALDWIN Locomotive cent. on preferred, payable May 1 Tonopagh Extension, 5 per cent able April 1 WORKS —Report for 1918 et profits avail- able for stock of $5,572,296 after ali charges, including tax appropriations ,000, net for common of $4,- equal to $21.76 a share on ,000,000 common, against $34.53 a share in 1917, In addition to these earnings of Standard Steel Works, nil he stock of which is owned by Bald- reports net earnings $934,000, equivalent to on Baldwin common, $4.67 a making net for Baldwin common stock share two companies compares with from operations of $26.43 a share, This $49.11 a share in 1917. Pacific been com fixed NOTES—The Southern nmtract has Adoo Je. has been elected of the « watier Com any. The other directors weve re elected The annual report the Pennay . did not con of the board al meeting iday ino Ailroad Company an ar s made in connection ne which are being taken to ward the absorption of the Cumberland Valley Railroad by Pennaylvania sys nequisition of its property MC. an oMeer of Pennaylvaniy Railroad with title of President of Cumberland val by thi oR perhand ting to be he AT YOUR GROCERS Learn to distinguish, by the label and the signa- ture, the famous . Cen: Mang ——_ " SAUCE Jt has been the world’s leading condiment for gtrierations. A aubsequer TO THE TERM “SPECIAL” Commonly used and abused ‘in retail In Liggett’s advertis- ing, it is used guardedly, and signifies a ne | Aetna ‘ ay a Hastings a to merchandising. ne ane 74-4: Condedn & Jy Mer P ees. Motors, bw definite reduction are ney Marti An, Phones Worth 248-249-7481-7482 | provide funas tor th 4 Am. M tory Lown nter, Cor eurthermore, them is more! B 8-4 to 16 1-4 whe 2: Rova aue Royal 4. 1p ed (i eed Rubber 19 ip has!y\4 ker Call: mm 10 oc ach | ‘ust | the | |} Little Shares Cities Service, Common To expedite trading in this Common Stock Bankers’ Certificates at the rate of ten for one are being issued. At around 35 the Certificates can be easily handled and afford, a great convenience to the moderate trader. For particulars of dividends, earnings, etc., inquire of CLAUDE MEEKER Steck Broker Empire Building. 71 Broadway, N. Y. Tel phon: Bouling Green 6540. i} ‘Priced, } $25.00 Sinclair Writing Pape lose was firm THE tae change in quality. Guit inter fixed HAMILTON GARMENT CO), | 307 FIFTH AVENUE NEAR 31ST ST Catalog Mailed Upon Request NEW SPRING SUITS IN TAILORED, BOX OR SEMI-BOX EFFECT: | LEAcPERRINS | SAUCE THE ONLY ORIGINAL WORCESTERSHIRE — |! without in price SPECIAL PRICES for THURSDAY AND FRIDAY ONLY \ hh 25 DIFFERENT STYLES AT ih $9 5 00 i The New Styles! The New The Materials! New Colors Buy direct from the manufacturer at little more than wholesale prices, and save at least $5 on your new Suit. Be Curious! 400 DRESSE in and SERGE 14.95 "i" Spring SILK Novelty colored striped effects in white ground Soli ing C Louis Evening ‘Slipp ers Different Kinds—Small Sizes. Lord & Taylor 38th Street ~FIFTH AVENUE Featuring Interesting Versions of Spring Tailor-mades "at $55.00 So pronounced is the vogue of the Suit that these latest models, by their very correctness of cut and per- fection of tailoring, willinstantly appeal to every woman who knows style. At this very attractive price, there are: Tricotine Suits (illustrated) of ex- treme distinction. Strictly Tailored trimmed. Hair line Stripes on mannish lines. Silvertones with jaunty ripple back coats. Men's tailoring. Narrow shoulders, close, tight sleeves, the niceties of detail, the custom finishing touches, are accenting notes that the discriminating woman will appreciate. New Dolman of Velour Cloth $39.50 The smartest of Spring Wraps. the Dolman—in this particular model, featur- a st-—-deep yoke, from which fall soft, rich folds. Muffler collar, wide sleeves, long button trimmed publ emphasize its grace of line In beige, reindeer, henna African blue; peau de cygne lined. Third Floor, Oxfords, braid Wear Serges of faultless and Clearance 300 Pairs Women’ Silks 12,000 yards $2.75 Second Floor Cottons ilk Fibre Madras Reduced to 68c yard shown in more than are unmistakable values price quoted. Ground Floor 34 inches wide. serge; 54 inches wide. Second Floor Last Four Days of the Midwinter Furniture Sale Martha Washington Sew- | Bar Harbor Arm Chair abinet, made with in- of Natura Willow...$5.45 | $15.00 Box Cushion $1.75 | Tables (4 XVI. Period four-piece Bedroom Suite, choice of walnut or ivory Sirth Floor, 39th Street A Splendid Offering of Fancy Georgette at $2.75 yard These beautiful sheer fabrics are a_ hundred styles and color combinations, and Serges “Special $1.68 yard Alt wool black and navy blue Solid Mahogany Nest of tables) . $288.00 at the $19.75