The evening world. Newspaper, April 9, 1919, Page 16

~ th Snorer Buwowe 15 Broad Streot | | a | 44 Broad St., New York BANKING AND FINANCIAL, l TNDER the authority vested in the War Finance Corpo ration, by act of Congress, the Secretary of the Treasury has announced the following offerings 200,000,000 War Finance Corporation 5% Bonds Due April 1, 1920 Offered for Subscription at 100 and interest These Bonds are issued in denonunations of $1,000, coupon form, and are exempt from all local taxes, from the Normal Income T nd from Surtaxes and Excess Profit Taxes on income from a principal amount not exceeding $5,000. Can we serve yout The American Exchange National Bank 128 BROADWAY NEW YORK CITY MIDWEST OIL Preferred and Common Shareholders of the Midwest Oi] Company have been invited to exchange their shares into those of the Salt Creck Producers’ Associa tion on the following basis Present Mar- Ratio of ket Price, Exchange. $ $1.59 25 tol 1.00 1.98 tol 25.00 40.00 Rautvalent to $39.75 39.60 40.00 Value, Midwest Oil (common) Midwest Oil (preferred) Salt Creek Producers. The Salt Creek Producers’ Association has acquired control of tactically all the productive companies of the Salt Creek Field of Gromag and we believe the basis of exchange is entirely fair and equitable to Midwest Oil shareholders. Since the shares of the Salt Creek Producers’ Association have a par value of $25 as compared with $1 for Midwest Oil, and for the rea- son that the new organization eliminates all controversies in this lerful oil producing field, our opinion is that the exchange should ade without hesitancy and in the firm belief that all interests will be benefited by the exchange outlined and by the new combination. As at present constituted t Creek Producers’ Association stands out as one of the greatest and most profitable oil operating enterprises in the United States L. L. WINKELMAN & CO, STOCK BROKERS 44 Brcad St., New York. Tel. Broad 6468, Salt Creek Producers’ Ass’n Bought and Sold The above Company represents a consolidation of virtually | | all the leading oil producers of the great Salt Creek field of Wyoming. yreee Circular on Request. Wm. G. Gallagher Telephone Hanover 7707. valt Creek Producers’ Ass'n This company controls an interest in every part of the famous Salt Creek field, Wyoming, which supplies Midwest Refining Company with the greater part of its daily requirements. Full particulars upon request. Bought and Sold L. L. WINKELMAN & CO. STOCK BROKERS The NewGolconda We have prepared for distri. | bution « handsome 16-page | booklet telling the story of the famous Gold - Silver camp by our own representa> tive on the grou ‘Ask for Copy D-30. Free, Chas, A. Stoneham & Co, 41 Broad Street, New York. | BRANCHES: | Milwaukee vlelphia 7 No Vromutions, Keston eetors Estublisbed 100%, ory of Ranger,” Free. Browns N Cortlandt 2544, TMENT ‘ORK TEL, SROCERGeoeo ec eee rome Special Rando! h Rose IT MAKES LITTLE DIFFERENCE WHAT YOU NEED 60 BROAD STREET, | A WORLD “WANT” AD. WILL GO AND FIND IT $10 STOCK CPTIGNS (Puts and Calls) ‘Opn Lots PUERTNE PROFITS UNLIMITED NEW YORK Phones Broad 6860-6361. New York — Telephone Broad 6168 ‘ . BANKING AND FINANCIAL, ) i} | H mand for the m has again{ 7-8, off 1-8; Phiti fi . A Int vel Market—Present and Fu ne general - | 5 MONEY ture Prices. \ Cam Mexico collateral of \ 5 1-2, high 6, low 5 1-2, rene Th vullieh fervor ols apparent |CLOSING STOCK QUOTATIONS. Wiese 7 i ope ‘ j ; wea te tite , - , {all Industrials opener ly ia not In any way | je by ih deral and igh teat, endl, |!ow 6, renewals 6, rulii continuation of unfavorable news de- nite steps | Am Reet sugar wy S% + lat 61-2 per cent. velopments, fur in the face of fur ites of Wall| far peeiaets $ Be is Banks lost to the Sub-Treasury yes ther reporta of slackening in the a fraud’ Am, mei. hy "5 |terday 7,000, and since Friday $1,- country's industrial activity many pet A _- a industrial specialties were ag investors of every wet ¢ EXOHANGE. briskty bid a tket t im arket quict, Swiss « briskly bid up in to-day stock marke extracted by false] Rudeh Peseta cables 20.30, and Stock session, and advances of from two to ¢ profits, Since the bull| Sak @ Caw cables Merling, demand three points over yesterday's final |' ii patantes heee te Brook, Rap. Francs, demand, Otl, equipment, from the seeds of di und fraud ee oer re insues were to-da " Probably never before in the his- . 3 quite a number of these « te of Wall Strect f ih ae ARINGS new higt Am of © SAMeKIng need wible Sieg on ae 6,940, increase $184,~ n ighs for the year. In spite iehatttes Which -W , s which will put an end tol G-~ voy hd Boston” $46,626,884, increase the advances that have been imdiing that is being perpe eneral oto ‘to, 178 179 4; Philadelphia $64,402,403, ine Geshe te ae OD sinount d under the eyes of authorities | Git Ro Bas e crease $9,444,995 of profit taking ts comparatively tn Mi 4 a — significant | ing such fraudu Be MH COTTON Among the stocks that made new It is care Be - Range for day ra highs to-day for the present ball Punment wuthe a, Sy By * * Open then P which advanced 3 1-2 points to 80 1-2 othe a aM Be OB 4A gs a“ National Lead, with a rain of about | Ye we BR Ss 3 points to 71 3-4, Kelley Spring Novis is By as gt field, with w gain of 3.1.8 to 15%) srenry b, Doherty &@ Co. 0 . Se oad + aL a . 44 i . herty announce 4 pat Market closed irregula Tobacco Mroducts, with a gain of 2) monthly distribution on cities service | Sy id tracts up 20 to off If points, General Motors, which ad- | bar shares, payable May 1 to et me to vanced to 177 1-2, a gain of 8 1-2/ sha jfecord “April 18, will be 41 1-10 Be COFFEE. points for the day and Burns Bros. thly disbursement of a¢ 6-10 cents ans ath Range for da which scored a further gain of 6 equivalent t ag May ‘ 2. ij ; | Iuy . points to 168 1-2, eS rt I | Tieaiet | ‘Transactions were again well over \t we Mate the million share mark, but the bulk [ tah my jing the a were 9 a e of this trading still seems to originate | «lth the exception of BE. FE: We SN Range in Wall Street. Por a bull market CLARA Me nd why a8 place wa — a such extent as the ) the eenlaatia v AL the or- LIBERTY BONDS. Tnly } general public seems strangely apa- | Cl | 31-25, 99.06, off 0.08; 1st 4s, 95.98, up | Set. thetic. Commission bouses continue | 0.06; 2d 4s, 93.74, off @.04; et 4 1-43, | May to report that their loan account is | Gri) | 96-60, up 0.14; 84 4 1-48, 98.76, Off 0.04; | Bex expanding very slowly, and the size|{j*! hariner 3d 4 1-48, 96.60, off 0.16; Ath 4 Inds, yy mission house brokerage loans | me 93.66, off 0.08 Ll K 5 ways be accepted as an accu rH ig thacs Of buat pore : | Total sales stocks 1,255.00 shares hig oft 9%°8 as pnitne AGS gets Te maha terse | Bond sales, $11,979,000, Sai, tt 4 to 1%, sia” Mta Steel shares failed lo follow the 1 omens ot % tot ns on daily fluctuations for | Bradstreet's upply upward movement in the remainder deliveries of pork, lard and short | CURB wheat east of *, D of the industrial list, United States, ribs ty soe ry tcago &@ Great}, .Obened firm. Intercont. Rubber $013,000 bush: of Ro Steel moved Within @ Ange Of ADOU Tee ee et ompany have beer |2P 1-4; Mdwst Ref. 1670170; In! Nerease, $84,000 bushels; Canada, & pulnt. Other steel issues were lected, . 7 "| Pet Mrrt. Ol) 201-4, up | comber, 800,000 busnels: United St ty unchanged. ‘This was due 4 Paper officers have | '-4: ris 121-2413. ‘nd Cana, December, Nt from Washing: been re-clected, The close was irregular. Merritt, bushels. Corn, I ton ut further progress ha yoen made in adjusti the steel price dispute, and that an open mar WALL STREET becoming BANKING AND FINANCIAL, SWIFT | INTERNACIONAL LIBBY, McNEILL & LIBBY —History —Properties —Dividends Analytioal reports will be mailed on request. Clip ad. or ask for SCHMIDT & DEERY Members Consolidated Svock Exchange of N. Y. New York Offices 1 don’t know of a single man in this town who has ever worn out a National —do you? NES b-arVrar The Aan Dealer Re a SA Rosca 20 R MOTOR CAR CGO., Ine. Broadway at 5oth St, Main Office. Uptown offi 3 read 319 Fifth Ave, ‘Tel, Broad 6242 | Tel MurrayHiui 6540 Phila. Office, G28 Widener Bide. +f Sihcogayn. thin Record is Held by a Hor Spot Chalmers ITTLE has been said by us about this record; and i was made back in the summer of 1917. It was no our policy to engage in speed contests, ag we fet some. g more than speed was sought by the average buyer. This record was 1898 miles in 24 hours—the farthes The World’s Greatest Speed it t ct distance man has ever traveled on land, sea or air in twice- around-the-clock. A notable car but a short time before had made the enviou distance of 1819 miles in 24 hours on the same track. Just about this time Chalmers engincers were satisfied they had developed two great devices in Hot Spot and Ram’s-horn, They wanted to get a quick answer. They sought the labor. Ss atory of the racetrack, where in 24 hours the gruelling of 0,000 ordinary driving miles might be interpreted. How well Hot Spot and Ram’s-horn delivered is a matte of official A. A. A, records. roac witl 12,¢ will This remarkable test, as well as extended i tests, resulted in equipping Chalmers cars h Hot Spot and Ram's-horn; and now 009 persons driving the new Chalmers car tell you they own one of the few great Quality Firat cars of the world. Chaimers Motor Car Company New York Branch, 1808 Broadway Corner 59th St., New York City Phone Circle 5550 OPEN EVENINGS . Arr 0 equal t \ increased er charges $1,740, 1 York Railway, # ts after charges $891,283, an in nist surplus $779, in 1917, quarter ending | Trar tes. | the tentative approache mated that ¢ but \ active at 4; $ ur 743, decreases even months, f $1,025,917 DIVIDENDS. Burns Bros. Company regular quarterly of 21-2 per cent, on com- | mon stock an extra stock divi-| lend of 21-2 per cent. payable Mav} 15, Regular quarterly dividend of 1 3-4 per cent. on preferred stock was also Rtas eRe Sweden Wants a Loan From t ‘iSHOLM STOC r regarding declared, payable May 1 change Bank regular quar. ber cent 20 per cent pril 9 orris, the engineering you always AND WE NE’ eotutely aur THERE A ing NG ist ee servative. the stronge this truck, strated. WHY, THE is as much imitate as tations? A BETTER substitute. SO IF YOU quality of _ tion? worth Comp. rly 2 per cent, on — No Imitation Can Be As Good As the Original WE DON'T LIKE TO KFEP harping on the fact that Reo was @ pioneer in this industry—so many of the pioneers have failed to keep pace with the progress. BUT IT JUST IS a fact, and, as the science of automotive ULTRA CONSERVATIVE in some regards tidered, by the more edventurous in the industry. For example, we till adhere to the policy of doing all our experimenting at our own excense—not our customer's! COURACE is the propensity to of the ground after the most tions anid with a foll knowledge of its difficulties. REO 18 COURAGEOUS in that sense. have convinced themselves that a certain principle is right, our sales dena any opposition to convince you of its superiority. SO YOU SEE Reo is conservative—but progressively con- THIS REO “SPEED WAGON” is a case in point. DO YOU KNOW that the very features that constituted This puts th ; basis Authorized Exchange Dealers ny regular tor common. NEW & USED Representa ernment have the Americ possibility 239 West Sith St and manufacturing progresses, somehow ace Peo in the van. we are con- VER acopt asa part of our standard product or offer to # buyer, eny feature of which we are not ab- e. DIFP CRENCE between courage and dar- akiog chances and depending on bull luck to theagh sail obstacles when sure areful survey of condi- If our engineers ent is perfectly willing to meet st sales resistance when we first brought out fare now the features that most strongly © recominend it to buyers? DID YOU KNOW THAT? Wel, it is a fact. AND HISTORY REPEATS itself in this case also, for the very competitors who then flouted the very idea of electric starter and lights; and pneurnatic tires; and speed qualities in a truck, are now Reco's closest imitators! SO AGAIN the soundness of Reo engineering is demon- VERY TERM “SPEED WAGON" used to differentiate this type of Motor Truck from all others, the ngntful property of Reo as is the very design itself—it is ours by right of priority. BUT WE DON'T MIND others using it—imitation is the sincerest form of flattery, ead if they find it necessary to nearly a3 possible Reo design, why should they not also take the Reo term to designate their imi- for either, is evidently not to be found! BUT WE'D SUGGEST to you as @ buyer that an original is always better than a copy—the real, superior to any CAN SECURE a Reo “Speed Wagon" the which has so thoroughly proven itself that rivals habitually proclaim theirs “just as good as a Reo" —if you cam get an original, why accept an imita IT IS EASY to imitate outward appearance—but Reo quality must be built in the Reo Upkeep has never, so far, been duplicated. OF COURSE your difficulty is to obtaina Reo. Demand always greater than the possible factory output, is now almost hopelessly so. BUT IT WILL PAY YOU to wait a little while for a Reo rather than accept a second choice, AND IF YOU PLACE your order now—at once—you won't have to wait so very long. Prett:" definite date on which your Reo will be delivered See the Reo at the Commercia! Vehicle Show, Brooklyn Reo Motor Car Co. of New York, Inc. Broadway at 54th Street And Reo Low Ops. We can give you @ Phone Circle 1271 1880 Bedford Ave. William St, Main St ers, 352 Fast 149th St Brooklyn: New a (57-30) pe aT DP STANDARD VALUES" Sweden securing a loan from the United No definite sum was stated in ¥ in Eruption, voleano ———————$$ BUICKS Glidden Motor and Supply Co.