The evening world. Newspaper, March 11, 1919, Page 15

= WALL STREET 1} TODAY'S PRICES Market—Present and Fu- ture Prices. " Onerical News and Gossip of To-Day’s CLOSING STOCK QUOTATIONS. FINANCIAL NEWS AND P (FINANCIAL NEWS AND PRES) Ka Ma 1 { St. Loutia spot 6.10 . April, May, June speller quiet to 6.22 1 6 1-8 to BARNINGS. ing charg Corn Products Refi 1918, net after ail war tux, $8,652,400, afler preterred dividends to 18 a share on $4 common, inco 11,948,460, or Compan), and equi re on common in 1917, HERE is an opportunity . Do YOU want to make $5 A Few Examples. Asia are not machin- 00 grow into. | $20,000, as many others HAVE done? Security. denniicives Sy ‘ bela Rae ire ery manufacturing . mr =| Liteon) at Mal tt dh lhe i i : : There are no bends or ether obli« avanti hier | Rea Thee cs $ poration, regular quarterly 13-4 por Pr pA ae Lag countries. America gations ahead of the stock we offer G Ul tT Balti | xe : Sant Hestarres S yortamy conneny] for you to mak a sound Motor Commpany, ty, sdb dnd is the Motor Truck Pref Corwin prone fl with responsible financial nfl sor eget raga rtrd aged | . ‘Ay stock and carned $9,297 cash divi- i erred Sto 7 Ee Interests, are beginning an ag- & pal aa H et i F cent, pre-| dnd. 1h oh $1,000 stock of builder for the world. factory Pyotr material, trucks in an be { }+gon preferred of 11-2 per cent. pay- . ‘ ana grew to A stock an npar ‘ pote Badlands sib ag A oe bixTabie March 31 safe investment in a dividend tarned “$21,780. in eash ‘dividends, TP&FAalleled Leman greater than the total Preferred issued World invites 700 rs whe has f ir] Am. Brake Shoe and Foundry reg-| In the Hudson Motor Car ret The demand for trucks for com. °% tees That is why you ean in vietimized by stock ewin- ‘ 1, |ular quarterly of 13-4 per cent, on $1,000 stock grew to $20,000 stock mercial use THIS YEAR is greater peecpenadl o Leno yey diers or buéket- 3 to send in + ,Rlcommon and 3 per cent, on preferred, | . f, 4 k in FOUR YEARS and in addition than ALL the trucks built in this mink nat fig et in this Pr ed, an account of their experiences. + a payable March 31 pa yl ng Pre erred Stoe \, the company paid cath dividends country for private use in the last‘. a record of paying 8% Communications should be ad- ‘| Guantanano Sugar Company, reg- > 9 hich have not been made public. 1a FOUN YEARS, Tose us the Faia dividends. dressed to the Financial Editor. ular quarterly of $1.25 a share, pay- | ‘| believe the best interests of their the Hup Motor Car Company $1,000 carrying business of the railroads en- the Truck Company whose stock we Names of correspondents will not “a, Juble April 1. H . . . stock grew in seven years to $40,000 tirely dwarfed i f ; Kennedolt Copper Corp.— y A ly dwarfed the passenger carrying Use for the Mone Seer ree —aeegeaella « iRameons comm crmewnee’’ Yielding eight per cent per ted td aimcd'HI@ ahdw bene thedenmndiatietege Uae for . Trading on tho Stock Exchange Me. Mange uf ' + 5" | pared with $1 three months ago, pay- | A dends. carrying motor truck is beginning to This offering ‘of Preferred and was in reduced volume to-day, there| Miana Comme: = "%! avle March 31, President Bireh made | mi RUN AWAY from the passenger Common stock is to provide funds to being a very evident disposition to) Y!?"enen + Sl ihe roitowing statement after direct: | {k the Rie Mae CG carrying automobiles. It is beccm- increase production through the pur- await the outcomo of the meeting of ¥ +21 ora’ menting: “As the corporation is year But WITI I the pre= n the Reo es ar Company ! ing so that a man CAN have a pleas- chase of materials There is a need railroad executives with various Gov- |» + learrying a lurge amount of copper . thirteen years $1, stock grew to ure car if he feels he can afford it, for OVER a quarter of a million ernment officials at Washington, At| + lat the present time and as it may be $12,000 stock and earned $12,850 but he MUST have a FLEET of of trucks THIS YEAR in. this this mosting means to finance tho) i jZl necessary to carry a still larger’ “ p cash nna hepa, ly Motor Tracks in his business or he ytd and ate NE Tafirouds are being discussed, and fs tame Arerset ei Gs fe d | CO aI ’ ON any in istributed to its stoc hone ti t the fe more than can. possibl traders want to know tho results of RPjcigher to po oe Wat ecaavenie ook erre stoc K goes N 4 4 jolders $600,000 stock in the Reo ot hireoratiions WY POR supplied. The orders available rs fm the meeting before making extensive | ‘ it order to continue development pro- Motor Truck Company, equal to a Truck Company are ‘i pd tala haauaacne | { 8%] srams at Alaskan and South Amet!- | P i 309 Neate and Sure aie AK a Clik’ eed Naw. York ONE TIM! its output for Jast year. je meeting is being attended by tag}ean properties of corporation, di- " it ward, paid a 70% cash dividend on “ it can su the needs of the terri- Rineteen of the most prominent rall- | = "S| reotore of Kennecott Copper Corp. stock which means a u the stock of the Truck Company. Motor Truck Shows just concluded por iy its BEST dealers it way executives of the country, by | Welnuem ee ft offer you was besieged by Truck will mean an increase over last year's Director General Hines of the Ratl-| - stockholders are being served by : i We ” s a production of 6,000 trucks and ny, PL es by se three} | LIBORTY BONDS: making a disbursement for current, . ae onl ~ Due to the rapid growth of the st peatdiy BHT ae tie ADDITIONAL (iP pre we embers of the Vinance Advisory “ quarter of 50 cents a share. | h th PROF I S b t ry more trucks for EAR than ved Reatsittas, wuble titan ter elie 4 s| is are 1n e | Nees PA Motor Industry it has been customary $1,200,000, to say Ni ING of War Finance Corporation. It is taken for granted that an a ment as to how the financing of pressing rail- Toad needs will be ved at, but what Wall Stréet is impatiently BOND SALUER—$8,999,000, NOTES.—Purchase of properties of | the Detroit Untted Railway within the city of Detroit has been arcanged for) at a compromise price of $314000. All| that remains to make the deal biading | for concerns with large earnings to de- clare stock dividends to stockholders. ‘Bhus a company with 10,000 shares of common stock and net earnings of $3,000,000 for the year would be the company has manufactured in the last THREE years, and their output has been larges You CAN'T turn the the dernand from many NEW dealers and for export. Its trucks are in use in fifteen foreign countries NOW and repeat orders for export are increasing every week. it vhicl o che. Y . ry CUNK—Opened steady. 5 General |are some details which the Street Kail- | I P sec PS OT { OS- able to pay a cash dividend of $3,000 Bee xa is the form of agreement, ayynait @8 4-8 to 66; Midwest Refln-|Way Commission and street oar oftcials hese are the securities of an es 3 py AM MF S000 of Stans clock back tent veare and... (tts 6 bagiyeun oe dampines on the eetly a th Hur Sudoes Caepoe a eal: ah LUD bree tated ¥ x hed Ss chaid day, Whee Inpectaal cores stock. But rather than make such an buy the ori aed issue of Common stock. It may be YOUR Hon or private bankers TEE outer Sastre toca [err end uaoe tne purchase pice il’ tablished, very successful and rapidly usbslanced payment they would prob- ply Cte OUBLNN chanee to do what Billy Grove did. Raliroad shared: displayed a firm |e 27% BP 2-8 "|be submitted to the people for rulifioa- ’ . ably—as they frequently do—first eo stock and so run up 1-8, undertone to-day in anticipation of |’ nicven o'clock prices: satisfactory results of the Washing- ton conference. There was particu- Jarly good buying of Reading and Union Pacific, the recognized leaders of the rallroadggroup, Reading at one time showed a gain of 15-8 Points and Union a gain of 11-4 | points. Later in the sesion St. Paul Preferred became prominent, ad- vancing 41-4 points on reports that favorable action will soon be taken on the dividend which has been de- ferred for some time past. Several issucs made new highs for the year. ‘These included Mexican Petroj#im, Great’ Northern Ore, 1-4; Boat, 153-4, up 3-8; 22; Int. Con. Pbr., 181-4 a 3-4; A Am, Oi}, 18 a 181-2; 4a4l U Mtrs, 421-4 @ 7-8; S Int., 6 Wrtg. Paper, 43-405 Houston, 78 a 80. The close was e«teady. 65 3-4, off 3-8; Royal Dutch 85 1-2 1-4; Midwest 165, Sinclair 315-8, Royal Duteh sold 85, off 3-4; Asphalt, 66 1-4, up|Co. has been awarded $2,500,000 City of 1-8; Midwest, 155; Sinclar, 313-4, up | Cleveland 5 per cent bonds, Am. ng.- Curtiss 3, 11 a 13; Steamship, 3 a 31-8; Wrt-Mtn, witt Asphalt , off , Up tion at the polis, A syndicate headed by A. B. Leach & | Bonds are in coupon form and payable in New Mare., 41-4 a 1-2; Int, Ptr, 211-2 a] York. IW. Pressprich & Co, Horn- blower & Weeks and Blake Brothers & | Co. have been awarded $1,162,000 City, of Cleveland 1 to 10 year serial 6 per) vent, bonds. | At the annual meeting of stockholders -2; Peerless, 231-2 @ 41-3; | o¢ tne P, Lotillard Tobacco Company, ; Stan. Mfrs. | sersey City, to-day, the old boant, of $ 083-4; P. Morris, 97-8 @ 101-4; | directors was reelected. The report of the Treasurer, William B, Rhett, showed | & surplus on Dec. $1, 1918, of $7,164, 77,93, | pena Sioned CREEL BACK FROM EUROPE. growing Motor Truck Company whose sales are expanding every week. Its net earnings for LAST year were very considerably more increase the capitalization and give each owner of $1,000 of common stock perhaps $10,000 MORE common stock and THEN pay a cash divi- dend of 25%, giving him $3,000 in cash on the common stock which he then owned. Its MARKET value, or the price a stock paying such dividends should bring in case the owner wanted to sell it, would prob- ably be about $44,000. One good year with business conditions pi fe ous has enabled not a few automobile companies to make net earnings of OVER $3,000,000. That is so many comfortable fortunes have $1,000 into $119,000, like: Billy Grove did. But you CAN secure stock in this Motor Truck Company which has the opportunity for growth and earnings in the next three years to a volume which should make leasure car earnings look MALL. How You Get the Common Stock. Every purchaser of two shares of Preferred stock which is sold at its par vali of $10.00 is entitled to buy one share of Com- mon stock for $1.00. Thus $63.00 buys six shares of Preferred and three shares of Common. Frireat Great Northern Ore |175; intoont. Rubber 19, up 2-41, Bont than the amount of the dividend on rey teen ie utimente Yo Assets. preside bubs Gon dks: United Cigar Stores. However these |!5 1-2 up 1-8 George Crecl, former head of the in-| * the MOTOR Industry. That is why nee Q ys ton shar movements failed to excite fresh 3 . Hiaerus, | {Fmation bureau at Washington, re- | 7. 4 + +poyq 7 it is entirely possible for YOU to The Truck Company hasa splendid © Preferred and five Morwta of speciation in other parte| MONET ON’ Tlnel Grose 6,|(Uned, from Murepe on’ the tranmort | the Preferred Stock. The NEW piece $500 in the Preferred Stock we property of 43 acres within 30 miles shares of Common. of the list. + ada A Meier bs baled sed Sl dally alae ore civ offer you, have your money safely and of New York City, Its fifteen build- ) = In some quarters the meeting of Fens pee Wee bara; cloned’ 8aTsilrstucn tc pvate Mai In. thet. aia soundly invested with an excellent op- ings are the last word in modern con- $504.00 buys 48 shares atee| manufacturers to be held in Washington this week, if the health Rwls. 61-2, ruling 51-2. Gre inclined not to follow the sugges- tlon of the Governm [prices unless w However this is 1 ) resent ths views « way to 20.80, Swiss turned better nt to reduce 4.76 7-16; francs, demand, cables, 5.47 ; guilders, ables, 41 1-4, 548 the ra iking much progress. | confers 765,768; Bears have again becon sive in the stock k time they than at any time since last October, | vious close De One reason aseribed selling of able natu eo} unf: avy for th June 14.97 to 14.98, July 14.65 t ‘August 14.47 to 14.48, September | Banks lost to Sub-Treasury Monday and as quoted 4.82 1-2 for cables, 4.86 1-2 | Window Broken With j {redo J. Foc Philadelphia, | Boston, March 1, when the Gov- over which there was he had done ernment Bur $380 STOLEN FROM BANK ted on a charge | of grand larceny this afternoon after from the Italian bank of Al- Mi, No. 88 Baxter Street, nal Courts Building J that Bozzo broke chase to the Cri It is alles the nd in his pocket »pment und East Divide and 20 ot will be furnished on requ ASK FOR MARKET LETTER 30 properties BUSINESS now in hand will earn over. 4 By all the rules which govern Billy Grove was a clerk in the portunity to have the COMMON steck which goes with the preferred Motor Truck Profits In the Federal Motor Truck Company $1,000 stock grew in six years to $30,000 stock and carned $12,180 cash dividends. What the automobile concerns did in the way of large earnings the successful Motor Truck Companies are JUST BE- learned it. What few of the general SLMES twenty-five per cent as much as it PRODUCES. A standard Mo- tor Truck ce LESS than umes struction. The assets directly behind the Preferred Stock we offer you are of Judge Gary will permit, is re- Solana so much bitter controversy during the to $20,000 time vastly greater than the outstanding 1,000, und since Friday $4,453,000, ; grow to or more in @ time yg th tan garded as nearly as Important ag the | STANCE cC lowe: “ Rtopenure ton (At wos dlecontinued. Creel will help 1 ivld | . _ not far distant. preferred. Its facilities, buildings, $1,008.00 buys 96 shar there are certain manufacturers who | peaetas continued and cable rate gave LS ET) the Preferred Dividend many times machinery and equipment are all com- of Preferred and 48 sha plete and are ready for an increase of output to FOUR TIMES the present output. Management. Its management consists of men prominent in the Motor Industry since its inception, successful in the extreme and known throughout the nation. are particularly well known to the best dealers throughout the country, whose The company manufactures a one this type of truck. In addition the company manufactures a powerful, jury, shor ecurled aati whan of Preferred and 24 shares of Common. of Common. ; You can buy on the Partial Payment Plan if you prefer. In our opinion there is no securi offered in the market to-day whi combines to give you the opportunity of sound, sure, safe investment of your prick, put his hand ‘ . 4 awr 31e CIN ic T ‘ 7 . ii H 17, | sihtwr'e’ sound investments your money is GINNING To bo. They arc leaders in the industry and money in. high grade 67 Preferred and dividends behind it, and at that when 5 me| GRAIN—Chicago range for day: | \T ° y ~ ‘ la al The war has revolutionized the use i same time the opportunity of making puefenty ex nani pulas sae ns "| sanning ano einancia. SAKE in the Preferred’Stock. The op mae rea tie movement wanna iar’ Gok aa ee a fortune, as Billy Grove did, from had reached a substantial volume, | March He Sa igen cee | of freight, raw materials and mer- profit. the enormous expansion of an industry there pools and insiders would begin | Mi || DIVIDE _ = 5 chandise. Every one knows that ~ The department heads are men who due to world changes which never r Certain It is that the public ta} en < STOCKS | Com mon Stock may do for you Meter Liven on te won that Shale have spent their lifetimes in quantity CAN occur again in our lifetime. eavily buying stocks. Million-share | (lar Samy’ *| Me wondertul mobility, strength, lasting tion workmen figays are here again, Co peaien any rarity i, ane Wavada daasics tauaens F 4 t aualities ee great carry’ ett ae superior that it would be dif. You Can Trade In i ie eat ooh Saez is sie|| what Billy Grove’s common stock Sigumgnemrant mat Make Sriatethemimtn (Ot OS tities, yeh neayier, i nted States 8 By any, months ore di ures hay of speed and that the armies and . for this. Ins Coma. Mh made that are i ears _ peoples of all Europe leamed the need Type of Truck. Torrey & Company are specialists in of new pub ier | Keinm She. latest d id for h Tin; and value of Motor Trucks just as we Automotive Stocks and Bonds, but we pitohasen handle other securities as well. Our 120,000 #h public know is that the vast, but ex- and one-half ton truck, and records business in the New York and other for‘more tha 40 Ber cent actly tabulalted, records of war use show that 76% of ALL merchant users markets rge and growing. If you ie aries was 4 parts Raine the Bg be show that a horse or mule CO end 909% of ALL farmers require have investments in other Preferred Stocks or Bonds which yield less than 8%, or if they do not give you the very great Bad fs which is offered you Vitor Februs ler aaite toner 1490 4b 108 me va ‘ 7 1c ONE PER CENT as much as it pulls two-wheeled bodies of three and by the Common Stock of this Truck ; : ‘dyna AN 8 Lies My ne a ie 14 ie ce | Charles A A; Stoneham & Co. Dow ne y I lo use, Lansin 2; M ne h * produces, and this consumption in- one-half and five ton capacity. Thus Corporation, we shall be glad to quote Be iecas fo the wien did not amount] 14.00 to 14.01, January 13.95 to 13 97, | 41 Broad Street. New York, cludes operation, maintenance, repairs it serves EVERY need of industry, you the market price on your present o much if any more than 30 per cent. leas! ? {to 18.97 | February 13.95 to 13.97, March 18.95 | BRANCHES: In 1904 he put $1,000 in the original and replacements. Moreover, the life of a Motor Truck working at full ca- which is why the volume of available orders is so great. securities and, if you desire, sel! them for you. the fact’ COTTON—Range for day: \ pecity wey Ohy is hg as oe as ‘ el probably will i ese o = ne . pa the life of a horse or mule working at Cut out this coupon and mail to us. Mtsae ie wit be extremely Sima ta Late | issue of Reo Motor stock. I o-day full capacity every day. During the F cut wages corre P bears new cours Another r § of profit t whose pi | responsi er prices is that the (situation may not D readily as at first t * thority of the War # tion to mal roads except | nized merit is dingly have given | { closed aeavy, off 10 March opened at a new high on movement, but other months The au-| easier, There is little cotton for Corpor; | most of the business being chan recog. | ftom the old to the new contracts. and it| A revised interpi the we new | Commonwealth Petroleum Bought Sold Quoted SPECIARISTS IN OIL SECURITIES L.L. WINKELMAN & CO. y d Street his fortune is counted at $119,000. There are many like Billy Grove who enjoy incomes of thousands of dol- war horses working at maximum ca- pacity for ten consecutive days were often killed by the strain of those ten days Now that the war is over the whole world has waked up TORREY & 40 Wall St., Please send me literature and whose stock you offer. CO., INC., New York City. views of factory, property and full particulars of the earnings of the Motor Truck Company is doubetul if 1 rnd un-| cotton futures act ve num issued securities ¢ most roads has a ry . . < “\ber of grades del 1 upon new Atreet Journal Bos i feminist ee Go theimnerativeansed 0%) Sttestiasssccscrarississsesereceine Joaning vals equal to. the financial Der of grade )UBaN aa Nau totheimperativensed | Stretticssscsssssecsssneecestroanee needs of these compa The part Style c racts was rocelvec oy e tse ta Vertes Servet, ny ras ‘ ’ if Drivate bankers will plas" in fsing up Cotton xchange to-day from the th — lars every year from the COMMON of Motor Trucks. Hivate bankers will nay In Aalne up|Cotton Exchange torday tram the the | eres | sare CYCLY YOAr ITO) UC WAVE VEL IN GF MONON eee 8, Xityinserseveserrewenes f ‘onds Nas as Bureau of Markets, According to this! ———We Specialize Only in Europe has never learned quantity pro- duction of automobil¢s or trucks. South America, Africa and et been unde Dear that t M be ¢ She Railroad Administrat last resort, However, in every quar- ter it In conceded thaethe matter will anally? be adjusted and that there 18 stained, no serious cause for worry on the re 4 ef stockholders or bondholders of the! METALS—Lead quiet. Spot of- | various | fered 6.20 to 6.85, March 6.20 to 5,30; gins to ap- 1 upon by ” © interpretation the deliverable grades will be low middling to middling fair white, good and strict middling yel- low tinged and good middling yellow Fill out only if you want a quotation on other securities. Please quote me on Stock... DIVIDEND PAYING STOCKS AND BONDS Our Service Is at Your Comma: t, Eugene J. Callahan & Co. 50 Broad &., NX, Tel. Broad 7447-8, STOCK which cost them but a few hundred. of automobile concerns