The evening world. Newspaper, May 9, 1919, Page 20

Acme Syaiem— | terly Tea Company Kk. payable J Packs vidend of able 1 f $1 Juiy 4. Pacific 4, ‘payable June 75 on , decrense DIVIDENDS. owh Hhoe Com-Kerular quart 0 a share on momon stock, une L. k, payable J of $2.50 a share paya Notice to Stookhelders Rangeburnett Oil f 13-4 per cent June 16 yreferred stoc! ‘Texas Company ree _THE EVENING WORLD, Regular quar- ung I Co. $1 und nr cent 30. Regular . on pre une 16. ble June 30 BANKING AND FINANCIAL. Co. ‘In accorda: with arrangement with the Rangeburnett Leasing & Gon a to the stockholders of record of this company, at ‘business, londay, May 12th, 19 ina 02128 foot h grant were stipulated in in this paper, it is requested that an undivided three-quarters leasehold for the development of oil, gas and sulphur certain acreage located adjacent to the leasehold of this company, the terms pcre tomy ytd ts of the Rangeburnett Leasing it Stock Certificates be immediately delivered, or mailed to the Security Transfer & Registrar Co., 66 Broadway, New York, N. ¥. cachange for certificates ‘mentioned leasehold on a epecific $0x125 foot lot. with them the conveyance by the RANGEBURNETT OIL CO.,: Harry J. Black, Secretary. Broad Street Tel. Hanover 1303-4-5-6 New York amma Don't Be ‘Short’ on Uncle Sam's Bonds’ "ZZ Ask Me / About These Active Sto ABA "hy cin ac Nag ne MYERS werstonet ALE ALE, 8 purchase? ™ On F Ye " oF rhaeht i ention nay mah interested stock m wi eres a ter—TO-DAY—no obdligati Telephone, Write or Call rine recent a "The atock. cks HAMILTON B. WILLS MBMBER STANDARD STOCK BXCHANOE OF TORONTO. Salt Creek Producers Vestern States Oil Midwest Refining Circular Upon Request STOCK BOUGHT AND SOLD L. L. WINKELMAN & Co. Be Posed Bi ew Yor Telephone Broad 6470 Continuing the Sale of FINEST NATURAL, RELIABLE WINES and LIQUORS “Until Our Stock Is Entirely Exhausted have a lot of odds and ends at sacrificed prices not mentioned in this advertisement. First come, first served. it is a chance of a lifetime for real bargains, WHISKIES Bottled in Bond, eletilier ry Botting) 42.88 | Old Jordon Qig Taylor .. Gibson 3 ii Old Grand 0 | Old Overholt . 2.00 90 70 60 Sir Robert Beorch. |)! oy toyal Souvent eaten. vy names ; Umberto, Italian. , Caecado, Italian tini ‘and Rossi rench Vermouth | Imported French Toquino, same ai Dubonet . Pelleticr, File & Co., patie Baltimore Rye 10-Year-Old 90 Proof. i ar Tnciuaine | $10.20 per Gallon, | St. Julien | Rontet Canet.. ee Ports, Sherricy, | Ghateau La Rose Malagas and Madoica Seaee Betcos: P. DO on & Co.--Operto & | Sauternes Manuel Garcia ¥. Ca, Spain. | Haut Sauternes Baits Foy] | Chateau Yquem Burgundi Rss: BEB S Macon Pommard Cc SSS: — Montitla Sherry ) Royal Club Sherry.. Invaids Sherry ... pmentiiage—N. Bas uv ing =RS SasRSEB: BES BS Riesiing Cleotreuniien Marcobrunner Ausices Hungarian Tokay— Bottied In Hungary tion. All Ghipments Carrtully Pack Rhine Wines, Johann Gerst, Frankfort-A-Main Special. All Full Quarts, 100 Proo! Chateau Latour Blanche s. €. Maret Pere & Fils, Nuits, France Bottle. Caso, + $1.20 $13.00 1.45 16.00 2.00 21.50 1.30 14.00 Bottle. Case. 91.10 $12.00 1.35 16.00 1.60 17.00 1.85 19.00 + 4.10 47.00 io Benedict Company Whoteesle Liquor 0: Between mu and 23d Streets Hs iT UT ro and ipiratarenrmalributlne Store. mee tiie Oo Highili Ave. all Until -Reguia on common Regular common News and Gossip of To-Day’s ar quarterly, on first pre- WALL STREET Market—Present and Fu- ture Prices. | e The most violent price movements that ave been witnessed in the Stock Market since the present boom etart- ed occurred to-day, Issues that easily respond to pool manipulation soared upward to new highs for all time, reacted sharply and then re- sumed thelr up swing. Trading was in larger volume than any pre- vious time this year, exceeding the fous high mark made yesterday, ched two million shares. again attracted most in Texas Ol, which gained points yesterday and 16 sold to-day at 292, a further advance of more than 22 points, By mid-day ft fell back \to 280 and then resumed its upward movement, again crossing 2 Other ofl ehares were bid up sharply, presumably in sympathy with Texs Of, Mexican Petroleum gained nearly 7 points, Royal Dutch of N. Y. more than 6 points and Pan- ‘American Petroleum more than 3 points, News ven partially justify this ex- price enhancement are still at BANKING AND FINANCIAL, SAVOLD TIRE —Will this issue become another Keystone? COSDON OIL —Do its present earnings and te justify in- These ieee, are only two out of ove dosen comprehensively treated im the current isrue of our weekly—"The Market Anualist.” Gory forwarded without obligu- tion on request for 8. C SCHMIDT & DEERY Members Consolidated Stock Exchange of N.Y. New York Offices Main Office Uptown Office mt ts Broad 28, Filth 4 Are, Twila dtc ene whacked Bla Recent drilling operations have proven up one of the newer di: tricts of Wyoming, which, in the opinion of experts, is destined to become a productive centre of great importance. The Glenrock Qil Co., controllin; extensive acreage in this, as well as other proven Wyoming districts, will benefit by the intensive de- velopment ‘now in progress. ‘The improved condition, financial and physleal, ndlentes ah edvene> ing market in the issue, Statiationt report and timely infor- mation will be furnished om request. Ask for G. R. Charles A. Stoneham & Co, 41 Broad Street, New York. BRANCHES Detrolt—Mil lord Philadelp nto, Established 1003 , NO PROMOTIONS Do You Want Gold? BUY! Victor Power & Mining Conditions indicate an advance in this steck JrOverating many, youre sBpproamately —64,- es being devel- in sirike of very rich ore fust feported. we Teese args. Sl ote ond ihe & JAMES F,HODGES&CO, STOCKS AND BONDS 35 Broad Street New York Phones Broad 6850-6849 ALLIED OIL ORDERS ACCEPTED AT THE MARKET Bend for “Story of Ranger,” Free. ‘CG D.Kuar Tend | Established /900 Investrmnt Baorers Smvcrr Buupwe NewYorn TEL. Cortlandt 2544 We have consistently urged the purchase of Rangeburnett Oil Day alter 7, week after week We Now Predict a Further Advance to very much higher prices Traded in ‘od New BUY NOW — BUY TO-DAY SCL hes on Request. WALiEK J. PIEKCr & CO Lt Phone Broad 5048-9 | RANGER OILFIELD, the Kroatont ofl discovery Im history. 5 ” developments which | | that the pull market has react lacking and manipulators are | success | lowing. | Steel shares resnonded to the dec laratiog of an open inarket for stee products by gaining from one tr more than four points with U, of undisputed feader, been brought to an end. It is figured that steel companies will be much more prosperous with prices governed by eupply than they would be under price estab Uization restrictions, Shipping shares, Atlantic Guit & West United Fruit were extremely strong. The former stock at one time showed an advance of more than 8 points, but later lost most of this gain, Negotiations involving the sale of the | afMiated closed, United Fruit, which Is now placed tn the shipping class in the |minds of traders, rose more than 12 | points and maintained most of its gain, As the day progressed successful bull manipulation in the oil and ship- |ping shares excited speculation in jother parts of the list and American Woolen gained points, Montana Pow- er 6 points, the leading sugar shares stocks from 2 to 4 points, Rails and coppers were sluggish and failed to show material price | changes, As has deon usual recently profit aking developed tn the late session and a reactionary trea developed but there were no convincing indications ed a culminating stag In line with predictions made in this column yesterday stecl manufac- tureys and the Railroad Adininistra- tion have failed to agree on a new price schedule, and an open market for steel products is declared, This now turn of affairs Is a cause for gratification im Wall Street, The price stabilization plan has not been popular since it was first proposed by the Industries Board. At one time it promised to gain tavor be- nullify prohibitory clauses of the Sherman Anti-Trust Law, When this idea was dissipated by statements from official sources, a return to open market conditions for steel products was desired by both the speculative ———— = Ass fey intending ceidaaet t Pianos, the Pease Cane Fane will be of espe- cial interest. You not only se- cure a Player Piano of quality embodying . Unexcelled Tone Exceptional Durability Artistic Case Design But receive the benefit of what 75 years’ ‘experience in the plese, manufacturing business jas taught us, Prices $550 up Balance on Monthly Terms to Suit Your Purse, Write for catalogue or ca: Pease Piano Co. 128 West 42d St. Manhattan. 34 Flatbush Ave. Twenty miles to the gallon of gusoline is not extraordina- ry if one could believe aif he But even if some we are content to twenty miles as the average experience of Grant Six owners, jain the average is 900 miles yi gelion ofl 7000 miles to the set of standard tires. And it's a good looking, good up-standing car too! Five Passenger Touring Car $1130 5 Passenger Sedan... . $1645 f. o, b, Cleveland L.W.Mulford Oo.,Inc. Broadway at 6lst St.,N.Y. Phone Columbus 8077 Mulford Service But the speculative element are highly content with the situation having muen in attracting a public fol- 8. Steel again occupying the position Bvervwhere in the financial district satisfaction was expressed that the steel deadlock has and demand conditions and particularly Indies and Geneni’ Motom ¢ company’s ships to another and un-| ‘heh Valrey company are practically! yx atarine about 3 points and the active motor| FRIDAY, MAY 9, 1919. Am, Am, Am, Am, Loco, .. Sm. & Ret Am, Steet Foun \m. T, & T. Co Anaconda Min Atch.. T. & 8. ¥. At. Gulf & WI Haldwio Lovomotive, Balt, & Onio z Heth, Stowt 1 etfs Baktyn Rap, ‘Trans, . Cal, Petrotenm ..., Contra) Leather Canmdian Pacific Chea, & Ohio. Phbbetteti £8 £2 Fedese +1 Great Nor, pl... Cirwat Now. Ore Ineptration Couper Maxwell Motor Mer, Atarine pf, | Mexican Potro! Minmé Copy Midvale Stee Mo, eel iit Litit+i +l ferrecesrris itt st Se * eeerere and investment elements. It is now expected that there will be a much more active market for steel products, and steel stocks are being strongly bought on this theory, Possibly there will be a slight shad- ing of prices by some of the manu- facturers for the purpose of inducing @ rush of new business, but price cuts are not expected to be important in any case, and it is the consensus of financial! opinion that steel! prices wil! ‘supplied in some time. Sradually seek a higher level. Conservative commission houses cause of intimations that it would | Continue to warn their clients against making extensive purchases of bigh- ly speculative stocks that have shown such sensational advances re- cently, and have increased their margin requirements so that they Now are equal to about 2% per cent. of the purchase price of these stocks. But customers mostly refuse to heed this advice, and refuse to be discour- aged by the increased amount of margin they are asked to put up. In a market such as ia being wit- nessed at the present time values do not count for much. To reckon Intrinsic worth, earning power, both actual and prospective, or dividend paying ability has temporarily be- come unfashionable, Yet it Is a time when the conser- vative speculator will be persistent in gaining full knowledge of these all important factors, for many stocks are palpably much higher than they are entitled to, This is particularly true of tne outside or Curb market where, in the case of a number of stocks, cau- winds. The estimate of thg Department of Agriculture of the g¥owing crops, which exceeded the most favorable expectations, has furnished the bull element with some of the best am- munition with which they have heen At the Goy- ernment’s guaranteed price of §: per. bushel, the winter wheat crop alone has'a value of more than 2,000,000, 000. ae NOT! Blected to Py k a on the Maced Bachenge—Deniol A oo ata ston and Thomas Wigtstmans Moris Transferred—The seats of Walter Klemm to Hollyday 8, Meeds jr., con- . and Anson W.’ Hard aeration $76. to Ww. ‘Taggard, partnership jr. to €. transfer, h ; ‘ aia 1 Th. Johnson has tendere a AWPfatlon as President of the Bald otive Works and it has been Vice President Vauclain appointed to succeed Mr, Johnson. At the organization meeting of the International ape, Co. officers were re-elected. W. Haskell was elected a vice TO-DAY'S PRICES Total sales stocks 1,823,400 shares. THE RISE IN SILVER. A large silver producing company is understood to have turned down @ bid of $1.043-4 an ounce for over 200,000 ounces of ailver. Advices received by local puillon dealers are to the effect that Lon- don has removed the export restric- tions on silver, This development was the reason for the further ad- vance in silver here late Thursday to $1.03 1-2 to $1.05. China is understood to be in the market for silver at $1.06 an ounce. CURB. Opened firm, Houston, 140 and 142; Sinclair Gulf, 63 3-4, up 3-8; Int. Cont. Rub. 31 and 82; Merritt, 34, up 1-4; Midwest, 193, up 3. | Noon prices were irregular, Sincl | Gulf reacted 2 1-4 from the high to! 62 1-4 during second hour. Houston, after selling to 128 recovered to 136. Int Cont Rub 32 1-4 up 1; Caddo Oil 47 1-4 up 1 5-8; Actna sold from 11 7-8 to 11; Inter Pet 35 up 3. Angio-Am Oil 25 3-4a6; Glenrock 7 $-8a7 3-4; Boat 2; MRR T 34 1-404 1-2; Cosden & Co, 9 7-8a10; Mdwst Ref 192a3; Wrght Mrin 4 1-2a3-4; Nipis- sing Mines 12 3-403 1-4, The close was irregular. Houston Oil 1331-2, off 5; Sinclair Guif 635-8, ‘up 1-4; Nippissing Mines 13 7-8; Inter, Petroleum 338-4, up 13-4; Merrit 333-4, unchanged; Intercontinental Rubber 32, up 3-4; Wilson Company @ 998-4, up 3-4; Aetna Explosives 111-8, off 5-8; Midwest Refining 195 1-2, up 5 1-8. OUTSIDE MARKETS. Philadelphia—Opened firm. Lake Sup. 20 7-8, up 1-4; Gen, Asp. 74 1-4, up 1-4; preferred 111, up 1-2. Boston--Opened firm. Am. Tel. 104 3-4, up 1-4; Int, Port. Cement, 8: May Old Colomy, 6 1-2, up 1-4. MONEY. tion has been thrown to the four : ship | ise | 000 ~bushels; Call, mixed cofateral openod 5 1-2, high 51-2, low 5, renewals 51-2, rul- ing 61-2, closed 6; all industrials opened 6, high 6, low 5 1-2, renewals 6, ruling 6, closed 5 1-2. EXCHANGE. Demand Sterling eased off to 4.63, but franc checks firmed up to 6.13 4-4 and lire cables to 7.641-2. Guilder cables were lower at 3915-16, while Btockholm cables were quoted higher at 26.20 and peseta cables at 20.30, Swiss cables were unchanged at 4.99. Sterling demand 4.68, cable. francs demand 6.13 3-4, cables 6. lire demand 7.57, cables guilders demand 9 13-15, 89 15- cables CLEARINGS, New York $750,686,568, increas 761,364; Philadelphia $59,049, 2 crease $7,652,023: Boston $50,581,113, de- crease $10,424,991, 3 GRAIN. Range at Chicago: High, Low, selling very | y, + 60,50 july Corn duis, ah, Oe 1 to 1h Bradstreet's visible supply: Wheat east of Rockies, Dec., 12,115,000 bushels; west of Rockies, Dec., 151,- Canada, Dee., 7,055,000 U. 8, and Canada, Dee., 19,- corn increase, 696,000; outs 211,000, COFFEE. meh ae EY ‘@ ae; Sax ‘July, fo 1 ‘ae 3% i ot bushels; 321,000; increase,” Naat, 14.28 4.27 re 17.17 18K cuit weak, Clon pricen. mi staor June, In'50 1048 48; gy ol hg }850% 7.08: ertiad 7.19 to 47" a 7 14.40; Apel! 1200 10°17 10. it “OTTON. ont 40 TN ark ‘closed stron, wp 37 to e potn The market opened firm, up 2% points, and most of t ‘Shoe Speci 548 FIFTH AVE. B $9. A ty made wit ght soles lalists Since 1857 “ANDREW |} ALEXANDER | Women’s Street Pumps $9 and $10 The smart tapering model so dainty with buckles ROWN or gunmetal calf- skin at $10—patent leather, e much in demand, Cuban heels and teat welted soles. becoming and trim-fitting. Other pirecay e NEW YORK Beorgton maintained up to the end of the half hour, Liverpool bought aud Uhere Was some active short coveriag py the traders. Expectations uf creased exports attracted and it is pointed out that Inst (wo days nearly 89,000 bale been shipped abroad have BETTER ‘TONE IN COPPER The copper market is exhibit detter tone Sates since first of ¢ month have approximated Liwuvdy pounds daily for account of von. suners In urgent aved of the wetal Leading Interests are asking 10 l-2 tx A pound, Few small acliers arc shading this quotation, Bome author ities say buying movement will con. tinue to expand until it is on a par| with Pee haute 1y~ yoy $5.00 for a hort tat & Nulife Physical Culture Corset Address DEPT. 254 NULIFE CO., Open Monday and Saturday Eoeninys. MICHIGAN FURNITURE Tans Brides’ Sale? Outfits and Odd Pieces at Special Prices on Liberal Terms erm, 3 Closets. Splendidiy 1 Save Decayed Teeth, Tighten Loose Teeth, Treat Dis SETS OF TBETH Gold and Porcelain Crow Bridgework, Fillings and Inia: of Gold, Silver and Porcelain. Made at Reasonable Prices. Badly decayed Teeyh and Roots carefull: © ed. T thoroug! Bi oF OFFICES ly «d Louis heel be uis heel si acne aN 2 B. 126th 8 1169 | 8. 12, Cor, Sth 740 Le: SEL LACING Write for Free Rooklet, MASS FOR PRINTERS. 18th Anaty ty to De Celebrated Suaday Morning at 2.20, The 19th anatversary of the night+ workers (printe ase Wile be cles brated Sunday na 8 10 o'clock “at Roman Cathotte Dudne street and Cay Halt Mace, Mat, God. Evers, the pastor, will ihe colebrant of (he mas ant a fine Nuscal proaramne, under the at Hrof, Joseph Uietiger H hele re ott vl new Charen, juirest feuty veea inviced tO ate vdoul For aixteen-y waa aent by Judge yesterday. [tne d murder of a boy companions old Benjamin J. Dumbach wed to State Prison for life Osborne at Newark, N. J. He ple d non vult in kill. W. Nivaitz on the Ne Keb. 9. Regulate Your Health and Appearance BY WEARING PROFESSOR CHARLES MUNTER’S CORSET Different From Any Other Corset It gives you the proper poise and compels deep breathing. No more sunken chest No more hollow necks No more protruding abdomen No More Lacing Just draw the belt and your corset is properly adjusted. On or off in an instant, a marvel of simplicity. Models for every type figure, Every Nulife Corset guaran- teed to do all we claim for it or money will be cheerfully refundea, pert corsetieres or—send us model Coutil Corset $10.00 for a long model Finest Coutil Corset along with your height, hip measure and waist measure taken snugly over your undergarments, with your abdomen drawn in, and we will you that will be a revelation to you 122-124 Fifth Ave., New York, N. Y, “Youth _at_Any Ace." OPEN EVENINGS PIANOS PLAYER PIANOS $475 $10 Monthly Until Paid. Bench Cover, 12 Rolle of Music and Cartage Included, NEW UPRIGHT "2 2 5 $6 Moothiy Uni Paid f Macke Stool, Rheete © Nek with wach t wit New and Used Player Pianos INCLUDING 12 Rolls, Bench Stool, Cover and Cart $295 Bellak 425 Wagner USED UPRIGHT Salt $55 Plumb & Co. $3 yynnthly, 105 Taubald 4un 125 Hardman 135 E. Gabler 140 Schirmer 150 Wissner 160 Weser Bros. 5 Cleaning Out Organ Dept, ORGANS $5 & VICTROLAS $22.50and $32.50 $3 Monthly Until Records in All Sanpaaete: ea, Rolls’ 40¢ EAca Maer Dien Pelace ot Pence, ot ence. Gh few i= Including 4 4 5 5 Monthly and ur Bento an Voright PIANO GOETZ & & CO, ETN 1a saieie