The evening world. Newspaper, April 30, 1919, Page 14

INQUIRY BEGUN INTO SALE OF FAKE OlL STOCKS ON GURB Prosecutor Says $1,000,000 of’ Worthlee Securities Have Been Disposed Of Tyvestigation of th said to be {ake oil ks on York Curb was started to-doy by As metem District Attorney Theodore 1. Waugh, who announced that he wit ask the Board of Governors of the Curb to eee ; FPEPV HOTT HOTT Te iat the New ————————————— explain bow wildont stocks came to be Neted. “More than four million dollars’ worth | of worthless « stocks have old on the Curd he nee Jan. 3 aad Mr. Waugh, “iiundreda of people have camplained of bine defrauded by men ‘who used to thelr advantage the ftriking & of off in Texas and Oklahoma and the rise in Standard 01) quotations. “Mocks in companies which never ex- isted were sold and some of the men who sold them on the Curb had ertminal records, One man came here and cleaned mp $200,000 in a fow weeks.” a Complete Industrial Tie-Up in © yay will be ‘Te-Morrew. HAVANA, April 0—May I ted here by organized Iabor by an almost complete tying up of indus try. Street onr trafic wii be shut down for twenty-four hours, begin- ning at midnight to-night; interurban care and railway trains will come to a standstill for 15 minutes at a given mo- ment and work will cease in sleciric | plants for the same length of time, Not | | & newspaper will be published. OWSSS59999999 099053899999 89555 999508 78588598 500008 BANKING AND FINANCIAL, THE MARKET ANNALIST Is one of the financial pab- 18 1g THE EVENING WORLD, WEDNESDAY, APRIL 30, 1919. \Col. Parsons and His Staff Leading Parade Of 11th Engineers in Fifth Avenue To-Day Se ed PAO HOC ODOM HOODOO COOIEGS TO-DAY'S PRICES CLOSING STOCK QUOTATIONS. | eT Hieh at, ch Am, Boot free + ‘uo, Can , ts Ain) Loconned ve ‘ Sin; Semett. & Itef Amn Brot | Pijey Am, Tel, & Tei. G3 Anacda Senna Ati, Olt Wi i ibe iB kon Cer Priducte. i “nubile Staet re Gen, “Motiiy “66 Great Nor Ory Great | Nor, Tne viration ¢ ver Lutertro One é 18S PFFELIDFFOE SSD SSSS FIFFEFEFESFEFF ISOS FHFEFFFSG VSD > SHED Cogoer g ® @ Wev'houe Fok ML Ga, "Bx, dividend Total sales stock 00 st ee INANCIAL NEWS AND PR CES|). (F planted in 1918, a f 14 v incor |per cent. The report says cold w ! in 1917, wonther over practteally the entire | DIVIDRN Ds. It te responsible 1919-192 F Corpor | wetting off to w start later tha : oe Sek oe } nal. aE casein METALS } in pee / Metal Mxchange quo ' «) Company—Regula Cor weak. spot, M ' uw \ ent, payable lo June, 14.75 to 15.75; Ju J le o 16.40; August Marlin-R v Corp. $1 @ share, ptember, 1.47 tyatle Ma T is not desig + 15.50 ‘to edar nonthiy dividend, put May-June nat f fact the corporation | 4 t ufest declaration included May uve paid seven successive & ( 10; “July nthly dividen $1 a suare, 6.05 to 6 Savege A pany—Regular 6,16; Octobe sarterly divid 13-4 on Ist pf ee pfd, an PR 1 1-2 per cent. of mmon stocks WAL vayable June 1 4 Third Avenue s Crescent Pipe 1 hedge ,694, increase $46, ar tax, | Regular quarterly of 76 conte & share,» 33, decrease, $4 after Pvie @ane 2% chgs., $49,407, increase, $4,410; nine | - months’ gross, 7, decrease, $199,705; not after tax, $1,419 de- creuse, $34 + $676, gross, three yany in was caw nd Lake Erie.—Mar decrease $168,704; three KrORS, $2,084,453, | decrease. net oper, def 6, in $270, rican Writing Pape r19tS! Membersh Tb. Whitmarsh plue after charges and war taxlsew York coffee wid Sugar fexchat 2,029, equal to $10.02 a share on |jas been to GJ. Walter for $5,60 00.000 pf, stock, against surplus | This price Ame as lust previous gal: 7 or $1.20 a share on pfd. in} winnty $194,000 1-2 per cent 20 your debentures were sold In New e Machine Cp. and con- | York on a 100 {] ONLY 75 YANKS BLINDED. International Motor Truck Corp.) wysrtind \ 0.—Only and subsidiary companies tc 4 nM t t during t 1918, shows net fit ¢ Opened ston Oil 116, up | prorsaed you vag read. DAR: 1; Sinclair € + Merritt Oi 32, up appears weekly and covers S ow b Fe es! tefining 172 te 7 oii hasan OF enaiut aoa TIM ENGINEERS Cs ARSONS AND OTAF 1-8; Midwest Refining 172 to 174 x ia nif PoaesqGe197190109GT9HS DC OODOCOOOOUOCOOOO! 1POVOUVODESTRINDD HIVSSTNI DIINO DOT ON ERENSSNTEOHIEN | Cne o'clock prices we Mid West peg rf Bae oe be — ; — — SS sold , of 3; Inter, Cont, Rubber Locomotive, Comtral Leather, | or less short covering which im- reacted 1 from high to 22; Lima Lovo, Philip Morris, Island O41 and a rt » market, | gained 6 1-2 to 44 1- rritt, 31 3-8, parted a firmer tone to the market, 4 Meola Mining. H but in spite of the demonstration in | | off 1-2; Houston, 110, off 5; Asphalt, “WATCH “ADVANCE! _ eae | Cable Obligation—A rk rubber und tire stocks it is evident | eb ies, ans ina % : 8 ‘ oft f -b° lnaad halite | that the courage of bull pools has] +4; Glen Rock, 7 3-8 to 7 1-2; Boat, CHMIDT | | been materially undermined by the 1-4 to 16; Nat, Aniline, to ‘* BUY ; & DEERY | Steel dividend reduction Stee) Foundries, 8 a4: sina shes | News and Gossip of To-Day’s | - Hirer tecee anne: aa eee Consolide Stock Exchange af N.Y. a | It is the consensus of financial mers, 41091 Peerless, New York Offices R | Market—Present and Fue fopinion tiwt tt ilure of the di-| 6 1-2 to 27 1-4; N. Amer. P. & P ‘, ector: i 1 rporatio | 061-2; Hu 5 87 asi: Sita \ Cahawn | ture Prices. rectors of the S + porati 4 to| ed (8 6 aa oe ; Hupp, 8 He 87-8. Keep posted. Send for details i Bpiy god declare an extra dividend at thelr| The close was irregular. Mrrt a Braed $iP Filth Ave. idk. | meeting yesterday will act as a much _>— ta 3-8, off 1-2; Fioaean, 117, anit Phila. Office, G28 Widener Bids. . a OVERNMENT authorities, [needed check to the headlong bull se yhy undries, 35 1-4, up 1; Mid~ A. NE A . Enormous Throng Turns Out working in conjunction | speculation that has been going on|Government to Start Getting off 3: Int. Cont. Rub ; S I > alia ith responsible financ' | he stoc! ket for tho past ten] po; T, Fete > 1 5-8; Si 1 ‘i clalist. to Honor Gall bets in the stock mari tho pas once Tc . up 1 5-8; Sin. Guif off Specialists I H nor Ga ant Webiveues ars: Weutnning ON G6) lweake ob mare) that It cwill sata Evidence To-morrow Against Bim 1k ; DIVIDE Regiment. orvesive campaian i. Filly om to temper speculative judgment with | All Beer Makers. ouretbe MARK 15 Broad St. New York stock swindling, and to put an j - 2 f fe ~——. ric iT . Philadelphia— fr. apah —_—_—_— The. Lith Engineers, first American | end te the acti © ents Prices have been bid up with an! WagHINGTON, April 80—Agents | wining Stes on hak hl aoe. STOCKS | soldiers to reach France, first to] Wong Tika Menderes Ghe hove cha de Fe is disregard of eee | of the Dopartment of Justice have | 25 3-8, off 1-8: Pha. Co, cum. ptd. 870, | fight—although they were not sent ' P © | political and econom velopments. shana CANie i hy p Sal | abroad ‘te Cight—and fivet to a nent an stl le Os Mh oc Ma It has been 1 hope marke t and it ery inst “ ‘ ; to obtain biti say bag otot erences EAA AnRY t Oe Producers | . is best banking ement that hope| showing what brewers continue to e , } The vudiic interest tn thie reguve J)" American military casualty list) on aoeount of their experiences, |, . . yliysdiis ad Mi 4, up 1-4; Groton Pow., 33 1-4: | I The biggest producing oil company in Wyoming, sup- | mated mining itriet. bet in the war, paraded in Fifth Avenue} ri must now be succerded by decidedly | manufacture beer after midnight to- p ~ | i | emmunications should be ad- | favorabie developments in the busi- | e, 53 1-2 plying the Midwest Refining Co. at Casper with the largest | use of rec 0) to-day and it was found that the ij i morrow when prohibition of the use | iis that we have prepared for dressed to the Financial Editor, | news world if prices are to continue | portion of its refining capacity daily. fieprapanaeame £5" FAGk Bost: | people do not forget the deeds of/ Names of correspondents will not | to" sures fs upward trond, | of foods in manutacture of beer, wine MONEY Stock B ht d Sold | ' 1 oe MOUS CAMP. i} role men, for an immense crowd be used without permission. Ti ad } i a Call, mixed collateral 5 3-4 per cent oc! oug an Oo t ‘ .) he condition of the business of the | or other intoxicating Uquors becomes i t 20 Pack 7 a dustrial 6 per ¢ 4 } se various compantentand properties Beiceee sanucne,, Merv eee Ob Steel Corporation has always been | effective. | Solon Weneircadarces | ‘ Cireul ! | ny ‘UF OWR representative Street and 334 Street, the length of The reduction in the United States Sendeled da Ad Bocurate t i me money—Market is unchanged ircular upon reques' ‘ i Sree the line of march. , Stee! dividend had the effect jof caus-| 6 is curate barometer! This evidence may or may not be|with fair volume lending for i | & Bend tor, Seren Beckie D-00y | ‘Tho crowd remembered that at] ing a fresh burst of excited specula- oe conditions of the country.’ ged in prosecution of brewers, de- {6 and 0 days at 5 3-4 per cent. on all |] L. L. WINKELMAN & CO. | FE Cambrai, where the 11th Engineers tion on the Stock Exchange to-day, |“ rend of earnings of the! nding largely on what the Federal |!"dustrials, While banks are asking Stock Brokers neham & Co. corporation has caused more real dis. 6 per cent. fo odation, they it Were attached to the British forces, and transactions were the heaviest of i | Courtin New York @ecides 16. ti ROY GENY FOP SORIA ER ORs FURY » . 2 41 Broad Street, New York jthey were caught in an unexpected the year, approximating 1,760,000 lg eae act New York decides in the | +0 yielding to 5 3-4 per cent. bid by || 44 Broad Street, N. Y. Telephone 6470 Broad Jand successful German counter at-| at \tra dividends, In the first quarter! 2 3-4 per cent. beer case now pend- |horrowers for loans of shorter dates. || ‘ : eit Niiweubes— Rowton | shares, yi ring: 1 | . : =m vie |tack. The British troops, over-| It was evident that the climination|°f ‘ls year earnings available for) ing there. Whether production of | Mixed money 51-2 per cent. bid, of | Buy the present issue of VICTORY notes. It is your duty. | ay whelmed by numbers and without] of the extra dividend by Steel was un- Beate des Pua anal? rate | near-beer after to-morrow midnight |fered at § 3-4 p Ie reserves retreated. ‘The 11th En-| expected, for there was a heavy WAVE Vat \. avon more significant is the |! Prohibited, the Department of Jus- ” es We have consistently urged gineers, unarmed pumped into th f profit taking throughout the ime 6.0) iat earnings for Fet na | tioe has not ruled Sterling y ie the purchase of fight with anything they could pick dustrial list and losses ranged from ‘Ct that earnings for February were | easier—De ad up. They gathered guns that had) fractions to more than 4 points. smaller than ne : and that| Manufacturers of wine or beer who|time to 4.65 1- z { e 4 earnings for Ma showed a com- “ . fll Pipi 7 rar e R: b Oil |been thrown away, took hand grena-! Rubber and motor shares were tt nines. ; S continue to operate after May 1 wil! {4.65 3-4, France se a Mag ange urnett Oi des from the bodies of dead troops! strikink excoption to the rule, Thes y Re eaten Feawe compared) 4, 45 at their own risk, although the|checks advance Mire . fe P] er after dar. week after work. hel into the fray with picks and shuren plainly showed that bull “Ging ¢. the fact that operations | department has not indicated any in. |CM!es to i Pe atatede ae bells | i ri shovels und where they stood there) cliques were not a whit discourage? in Apri) were on a further educed | tention of causing immediate arrests. pay reat . = | We Now Predict a | Was no retreat, nee dividend redugtion, and Jn Arr! won a arrest Jemand, 4.65 3-4, cables ine : i 1. sea as become a convictic f nt of Nov. @1, 16 : se 7 } © Bl Further Advance to very ||. Tne resiment numbers 1,290 men and] bid up these stocks I a most A-/het earnings for the month wore! rhe Mt of Nov. 2, 1918 consklered 4.66 3-4; francs, demand, 6.07 t ig . Y |Inas been at Camp Mills wince ite re | erassive tuner alias a eae cae le ig | bY the Department of Justice purely |cables, 6.01 1-2; lire, demand, much higher prices. [turn from France, Leaving camp] Under a unusually heavy volume fy too early to make predictions ro-|## & food conservation measure, pro- cable, 745: Gultders, demand, 40 1-8, | BUY NOW—BUY TO-DAY Ibeethe ne a reine tt. ae ie LE of trading, Sin) opened San sess garding results for the surrent quar-| vides that “after May 1, 1919, untit {CSP 19°C RINGS. ? : | 0 Lone Island City and em-|a point and tor a time showed eVi- ter, the possibility that the three] the conclusio: . , 700.782, Kabah s 05, 3 Information on reusest. barked on ferry boats, which took it}dence of substantial support, The | onths’ proportion of the 5 per cent SNR pay cles ea Lc ADE aa, 708 ase est . i x to the foot of Fast 9th Street, Head-| pressure of profit, taking was toO annual dividend will not be much and thereafter until the termination | 7 Philade a 64,61 Cnt Me o eo »y Col q ” », on vred 02 1; joston 035,806, j in ed by Col, William Parclay Parsons | heavy, however, and by non the stock more than earned is everywhere|f demobilization, the date of which | Crease, $3, ; t 3 WALTER J. PIERCE &CO, |! ana his stat, the regiment marched broke down to 971-4, a loss of nearly | recognized. shall be determined and proctatmed |!crense $442,000. te “ Saaute | i cours itomie across th Street to Fifth Avenue. | 4 points from yesterday's close. Other| ‘The Steel Corporation is able to| by the President of the United States, auntrennry. debtor _at cl arin ue Excepting Col. Parsons and his! steel issues off in symp ind make @ larger profit unit of 1 * | house $35,283, Federal Reserve Bar 5 | . i} no gra » cereals, fruit or other food ”)) | : 60 Bread &..N.¥.Phone Breed 5048-0 || aids, who wore overseas caps, the lomses of from 1 (o three points were production than any other large steci| products shall be used in the manu: | J , INE 4 of dp he World’ S | 3 members of the regiment wore steel | general produc’ Its costs are lower, For| facture or production of bee ne or | AIN Oe } helmets, “They carried rifles but no! It hus now become general opin- |that reason it is now anticipated that} other intoxicating malt or vinous | eee “4 nk q h ] li d ' T nt n ' 1 Wy steel 1 , e aan pening ‘e > : Sickien Ince? [packs The resimental band and {ion that other ateel companies will be |other stecl companies will follow the | quer for bevernee urponoe”" Becleneerfeie errant p otogr aphers dl ‘ tctory Boi fri {the New York Subway Band tur-| forced to adopt the policy of United lead of the Steel rporation, and! q¢ go.called “Near Beer’ is to be | oft 2-4 to 1 3-4; Sept, 149 to 147, A | &. ‘i ished music States Steel and shave down their jorder reductigns in the rate of divi- ve yall) ‘ * 6s \ t rs Subscriptions a " i a eS yh yA considered beer because of the sim-, off 2 to 4; May oats, 68 1-4 to 68, off er / t a2) » TQ | #& Accepted Without Char; Directly behind Col. Parsons andj dividend payments, The efforts of dend disbursements to stockholders. |i) in name or manufaeturing pro- | 5-8 to July, 68 1-4 to 68, off 3-4 way NO 1 XC 1e@ LOOKS | : staft walked “Mique” tho rogimental | the Industrial Board and the Rultroad | Prospects that tho Steel Corporation | cogs, its production will be prohibited | to 1; sept, 68 3-4 to 66, off 5-8 to 13-8, | _ mascot, a dog of many ancestors and| Administration to arive at an ag will resume the payment of extra) veer to-morrow night. If it is to be] COFFER. | ot the Victory A rch at gy eat intelligence ind erve 4 through-| ment on steel prices are a regan reid Svadlag me a pert. | considered merely a malt Hquor the] Opened firm. May, 18 to 10; Sept, cf ; [SR AResm aa, ene: Wan Stan pon Abie: Sabian OF Miah: § nent quest the price of th , | Prohibition will depend on whether! 17.408; Dec., 10.95 to 17; March, 16.858. 5 S seid I b ; v led t « i n nis matte what these bt bs . ac 4 t " " t ‘ W/ 4 2 i | sceatha a . dow 1» unique ine sllitary eae co alnaeoeig ret por cent, dividend payer, {tds question has not been unter-{ Opened steady, May new, 28.00, off for “Story of Ranger,” Free, fant sosseacan u those named in the t Pime only ean gettle that, But it is|taken by the Department of Justice | 5; July new 26.97, off 1; October 24.96, ra < } it f \ CD Biae Fo 00 oi esses ea RE Sa ee hy ia ita in ea eee acer gran w,, SEETEC to him out o and Mra. Smith, Mayor Hylan, because ¢ production coaty, IRR e Mtr LTaaRaen ast ED the|Pretation is contemplated at this! meio oe indicated cotton acrea | view ere f Ger cour e, the AUCTION SALES. | AUCTION SALES. . Seoumn Boazmvo New Yorn Atsbot, representing Major Gen, Wilic| Rd showed early decltr ) r common share, the| — 4 I . Veo Engin | mre | , GE COMPANY >» wit Ss camera vi jam M. Flack, « of Engineers, U,| hares displayed the most reouper ant inancia THE UNDERWRITERS’ SALVA e c c ‘TEL. Cortiandt 2544, ween fen Det i eds : ; passed through the] y YORK 1 up Chie { i ation Service - Worst sti readjustment from a| SLL BY AUCTION . Birk. cen, Ges tia Manus Chiot | are Paoitifes ; to & peace basis, and it is indi THURSDAY, MAY 1ST, and set it down at the a o ansportation, and Cap | ere was Bo ’ ne W ) their Wareroom: 5 to 15 Sullivan St., near Ganal & . : Banned Depart ia | ward anes aah this time on will be on a gradually By Order of the Insurance Companies ’ ° «, | rommande op nen he | ward movement in rubber and motor t u dua VOR 4 ”¥ WHOM IT MAY CONCERN he ~ © iv > » t ‘ *. Whichof these |S mvereett Uatedaton Tener ime SFOUSNG a | MN otee Scholars’ Gate in Centra A St et Blot \ caning aire is tha ete Sic aeeate of | the Entire Salvage From the Stock of | a . , ‘ At 38d Street parade moved | points ove esterda ¢ PANY, k It ‘ »] ye t k ctive Stocks | news thar}! At S30 Sreer the. 'parudo. moved nix points over yesicrday's close./ MORE FOOD FOR GERMANS STANDARD INLAID MANUFACTURING COMPAN ark. is a clever tric Patevest You? \o279_/ |woere the resimont waa entertained | pierce Arrow, 9 rand MAX: | station fon (COOK'S LINOLEUM) we [ception at the ‘ime Kegiment Arm-| well all wer sly stron OVER 2200 ORIGINAL PIECES | toor: | be: tif ] i North American Pulp & Paper st © ght and will Be | ranging £1 to more thus Keneph mbit fag horademaa tarra 8-4 INLAID LINOLEUM, | di WPerfecton Tre |) ben leat Etats) Sons a Nar pn ANB eta reproduced in gravure mar Oil Officfat nee of the wido| The day was bare of nows develop: the occupied areas of Germany will be sane Riue Berke Cees udanel: Mareen ; ‘ Mention Stock in which interested and | range of n which the rexi-| ments of financial importance unless 930 grams per day per person, accord i Ry ine A feces aad Bs Grae t S li 7? VW ld \ k al neva ahs eur mont we sneer a eed coker teas I Line, "Grade and B Grade.’ in next Sunday’s World. “ ba | heavy 1 . at uncement that Japan lias 0 ne | Military , Food Supply wt 4 \ ee ae re ir ver | rorence, a8 epor linaeaane tin ath on ; oS WiLATentDI NG) MOH MEENA, Adctlonsets. ? talename spring 9910 * ord me if 8 Late in the session there was more 1,400 allowed by W, ¥, TILTON. Vico Pres. and Gen'l Mar. ©. W. KEITH,'’Gen'l Ast, N. ¥. Dept. (Ay ! ® , : * ,