The evening world. Newspaper, May 15, 1919, Page 21

¥/ | WALL STREET News and Gossip of To-Day’s ” Market—Present and Pu- fi ture Prices. OVERNMENT authorities, working in conjunction financial inning an ag: ‘qressive saath Af stamp out “end to the activities of fraudulent ‘brokerage houses. The Evening World invites readers whe have “been victimized by stock owin- “ dlers or bucket-shops to send in @n account of their experiences, Communications should be ad- parecsed to the Financial Editer, “Names of correspondents will net s be used without permission. ‘The headlong bull movement that was been under way in the stock mar- | ket for a number of weeks received a Bromounced check to-day, although Public purchases were again on a heavy scale, glarge operators and floor traders upplied stocks freely from the open- ing on through the entire session and many of the retent favorite specula- tive issues showed declines df from 4 to 5 points. Money market conditions and fear that banks wi!l further tighten their Purse strings in an endeavor to dis- eOurage further indiscriminate buy- ihg was the cause of much profit taking. However, certain of the jarg- er operators have formed the opin- jon that the market's inside iposition as become unhealthy; that it is vir- tually ‘honeycombed with stop-loss orders and that a substantial reac- tion is needed before the upward trend can be resumed. Call rates for money to-day gen- erally ruled at 61-2 per cent. for mixed collateral, compared with 71-2 per cent. just before the close yes- terday, but the lower quotation did not reflect diminished fear on the part of professionals that higher money rates are in prospect. Tire, rubber, motor and shipping shares showed the least resistance to profit-taking. Kelly-Springfield sold off 6 points, Ajax Tire 4 points, Chandler Motor 4 points, Atlantic Gulf 3 points and General Motors heariy 4 points. These are some of the stocks that banks do not con- sider highly desirable collateral in loans at the mnt time. ere the real bright spots of the market, and held strong despite the wave of selling through- out most of the remainder of the list. Interboro preferred gained 4 pointe, Brooklyn Rapid ‘Transit more than 2 points and Interboro 41-3 bonds were strong in sympathy with the stock, gaining about 2 points. There is no known new ‘development in the traction situation to account for the recent marked strength of these issues. The fluctuations of steel stocks and United States steel in particular were closely watched. These issues made a brave showing at the open- ing with United States Stee! selling up to a new high for the present Movement at 1041-2, but with the rest of the steel issues could not suc- cessfully withstand the large volume, of profit taking and late in the ses- sion broke below 103, Rails moved irregularly and failed to command the interest displayed in them recently, The major part of the speculative element’ seem disposed to await more constructive develop- ments in the railroad situation before accumulating a line of these stocks. Profit taking continued to the end of the session and the, undertone at the close was inclined to weakness, A general unloading of stocks by pro- fessionals became more pronounced. Considerable interest again at- tached to the foreign exchange mar- ket because of renewed weakness of English, French and Italian exchange, francs and lire quotations away sharply. However, on stock market negligible. the effect movements was Disregarding the warnings of con- servative brokerage houses that ex- treme caution should now be used in purchasing stocks, the general specu- lative public is in the market on a larger scale than at any time since 1906. Daily transactions have grad- Many could not take One Cent Sale because of give them thi remarkable bargain: surplus stock at sacrifice prices. Closing out and only— Blackberry Cordial Fine Old)—Bot. ....... . $1.25 2 Bottles for. 1.26 Pure Old Port Wine—(Ex- Cut Prices ON ALL RELIABLE WH BOTTLED IN BOND Per Everutage, Bony Cedar 81 Overn i WHISKIES Bot, Gal Qld Taylor 5s, $2, 8... $3.00 $11.25 Old Crow, 5s, Le it... 2.75 10,50 Ql Grand Da $.00 11.50 Green River, 92.253 qt 2°75 10.50 Old Hickory Rye Ss, $2; quart... 2.50 9.50 Golden Sponsor Rye. qt... 2.75 10.50 Hunter Whiskey, W. L... 2.35 11.00 Qld Private Stock, qt...., 265 10.00 Wilson or Hunter 2 pad Commercial Club Rye 2.40 9.00 WA” MONOGRAM WHISKEY, 1.75 8,50 Keystone Club Whiskey,. — 8,00 SCOTCH & IRISH WHISKIES Markey & Mackey XXXXX ni38 siete Pert Set 325 Many Other SPEC AL QUOTATIONS ESTAB reine 2468-2409, The idea— pay the standard price for the first bottle, 3 Days Only—Thursday, Friday, Saturday clesior Brand)—Bot 1.00! ; Bottles for... .. 1.01 Pure Old Sherry Wine—(Ex- celsior Brand)—Bot..... 1.00 2 Bottles for. . 1.01 Genuine Finest Sloe Gin— Bot. 2.25 2 Bottles for 2.26 =| ai 40 Brands Not Listed et Sacrifice Prices, OLDBERG 108 Eighth Ave., s2iss., N.Y. junit) reached by cars, subway, L aod Hudgon INES<LIQUO ) dvantage of last Week’ in, we therefore opportunity to secure these For C )the Second Bottle enormous Prune Brandy Cordial— (Finest Quality)—Bot. 2.25 |2 Bottles for soccccee 2.26 St. Emi Fine Old Claret— 2 Bottles for Nierstei: or Lsaktaboinue Pure Old Rhine Wine—Bot. 2 Bottles for. i Sea det ISKIES AND BRANDIES BRANDIES AND ,GINS-—=(Con.) a4 Bot. 75¢ 76¢ 85c “QUALITY WINES Fine, O14 alt. Clart ‘ap Bullen 1700 claret iden. eval Srown ‘VERMOUTH Bette moorite $38, 11.40 $178 8188 Doinestie Ask Us IN LARGE QUANTITIES, LISHED SINCE 1887 Oven Evenings Until & o'Clock. ually been créeping up to new high figures ond yesterday was the most @otive day of the year, trading being slightly under 2,000,000 shares. It now seems to be the general expectation | that there will. be a succession of 2,000,000 share da: One reason why the warnings of brokers are being disregarded is that they have misjudged trend for several weeks, They were of the opinion that the only way to Judge the future is by the past. They could not conceive of a market bri ing all precedent and rising perpen- dicularly without a reaction. Yet such has been the case, for since the bull movement w: first initiated thirteen weeks ago prices have dis- regarded ail unfavorable news and have steadily pursued an upward course, The closest parallel to the present bull movement was the war boom of 1916, but in that market there were violent reactions from time to time, | It has tong been popular belief that markets are made and unmade by big | insiders,” by bankers and the most powerful operators of Wall Street. |The fallacy *of this belief is being Proved in the present instance, It is true that the bull movgment had its Inception with bull cliques that at- tracted much attention by sharply bidding up'the prices of their special- ties. But the public have now taken complete charge. It is known to be @ fact that in a number of cases the so-called insiders some time ago ar- rived at the opinion that the ull movement had reached its apex and sold out their stocks in the expecta- tion that they would be able to re- purchase lower down. Not having falling| #ccurately gauged the increased pub- lic appetita for stocks, they have been forced to buy in their issues at figures substantially higher than those at which they sold them. Ordinarily an effective way to check headlong public speculation is for banks to increase their margin requirements on loans and for commission houses in turn to increase their margin requirements against the purchase of stocks. Commission houses have been in- creasing their margin requirements until, in a great number of cases it is necessary to put up from 26 per cent. to 30 per cent. of the purchas: price of a stock in order to have a buying order executed. But pubiic power has not been appreciably af- fected, ‘The money market is beginning ‘o show the first signs of strain result- ing from the bull speculation. Call rates shot up to 71-2 per cent. just before the close yesterday. a acniielilpieatiacbansol Unemployment Shows Increase, WASHINGTON, May 15.—An | crease of unemployment in the week ending May 10 was reported to-day the by United States Employment In a total of 83 cities, up ply and demand balanced, and 42 re- orted an increase from 127,850 to 238,380 persons out of work the market's | MONEY Call, Mixed Collaterals, opened high 6, low 63-4, renewals 6, ruli 6, closed 53-4; all Industrials open: high 61-2, low 61-4, 1 Time money is dull. higher than 53-4 per cent. for loa! money at 63-4 per cent. on industr: collateral and at 51-2 per cent. reluctant to finance commitments @ per cent. believing that the call shortly be as low as 5 per cent. day $2,941,000 and since Friday § 694,000. The commercial paper market ‘(No Dr. Brush’ women and children. Dr, Brush’s in effervescent liquid Served ice cold Kumyss cream and who has been ma Kumyss has a pecu bite and snap that make it a refreshing, a deli- cious and an agreeable beverage for all men, It is often called ‘that Sparkling Milk,’’ for its effervesces and bubbles like champagne. Soda fountains sell it at 15c a bottle. KUMYSS, Incorporated JACOB RUPPERT, President Tax) r tang, Nothing more nourishing, stimulating and satisfying was ever sold as a beverage. Kumyss is mighty good to quench thirst and just as good for the health, being really a partly digested, delicious food form. is made of pure milk. all, the process of Dr. Brush himself, according te king it since 1875. renewals , ruling 61-2, closed 61-4 per cent Banks are holding for 6 per cent. on fixed date funds and borrowers decline to bid There is a fair demand for time] halt and half securities. Despite the} active stock market borrowers are in time money market, rate will Banks lost to Sub-Treasury yester- quiet with better names of regular When You Drink Drink Health Some people think Kumyss is good only | for those with stomach disorders, but that is less than half the story about Dr. Brush’s Kumyss CLOSING STOCK QUOTATIONS. be: [40; and 41-48 94.98, up 18; 9rd 4 1-48) up 10; 4th 41-48 96.40, up 14. Two P. M.—8 1-28 6, up 10° Tat 4s 95.50, off 2d 4m 94.28, up 10; Ist 41-45 9 off 40; 2d 41-48 94.34,) Up 14; 3d 41-48 95,38, up 8; 4th 41-48 40, up 14, | 95.40, 6, ng ed maturities discounting moderately at! 5 per cent. Names not so well known frequently move at 51-4 per cent., although actual market is 5 per cent, Both local amd country banks buyers, ‘ial on EXCHANGE, The market was generally weak ati during the morning. checks | touched low of 6.34; 8 made a new low on current mo at demand Sterling reacted to 4.661 Stockholm cables were weak, being y= offered at ; gluledr are! cables were | eral eferred dividends to $26.69 a share “Oh, IT don’t know,” replied the 10 Net | earned on $4,000,000 common stock, Senator, he bem | against earnings of $1,947,874, or $29.47 “You mean to infer that Palm | ae. 4 | & share in preceding year Keach was a place of resort for thoxe ry : u| Davis-Daly Copper Co., for three who feared your investigation?” pur+ Total sales stocks 1,524,000 shares, |A™. Gm. & Ref ie | months ended March 31, 1919—Cross sued Mr. Jordan. n ~ —— enti ae = Bl teceipts, $213,919, expenditures $210. “Ddn't ask me to characterize any ‘he hung hg, evhae were i Ps GURB, ; Iisends Site.’ — % 357 and net profits, $5,562, against net one as» having feared the Thompson | invited to know what the s pened steady. Inter, Con. Rubber teh, a8. # 29,996 in previous uqarter, Committee,” replied the Senator. “But| to be he would decline with 33, off 1-4; Houston, 123 to 128; Mid- at, Gut @w. I — an] Bry He I do know,” he added, “that men we} Jordan dragged the fy: west, 189 to 191; Sinclair Gulf, 602-4, Baldwin Incomotive, 4 LVIDEN Ds Wanted went to Palm Beach without | Women into the inquiry, karo up 1-4; Merritt, 321-2. Ralt, & Obio,... + | Standard O11 Co. of Kansas, extra felting us knew sty bes Hae to Lee we 6 bn 25 - Rethieiem pe i$ and re e je us kno you send telephone m Noon prices ~ere dull and irregular. Fry ak. ease r mS by ag OF $3 and regulat quarterly os a4 ey Jordan to game some of| in 1916 at the expense of the ‘t Sinolair Gulf sold 61 1-2, up 1; HOvs- Ca) prarcleum + | Of $8, Buyable June 16 the Palm Beach rettigees, Thompson | t Mre Luey Graves Ki ton Ol 122, off 8; Nipinging 12 8-8, off Ceutenl Leather |. Solar Refining Co. regular semi-| | oieg, : eon) Wat gees Lerten , 1-4; Intercont Rubber 38; Middlewest Canadian Pacific — 1% Annual dividend of & per cont. and an | ype aed wo Be Fert Sona for. i i . & 0 \y extra of 5 per cent, payable June 20 of eay eee ek Mt gee a ee firm at 191; Boat 161-4 to 163-4; Glen. Oh. & Ohio... “Fix La ans man we wanted very much. I do, rock 67-8 to %: Int Petroleum 82 to Che MU & #. Me 4 = 42 43H 4 1%) Chex Carpet Co., regular semi-an- |", . “Did you send a telephone mt 0 4 roleum 82 to Gnino caper, 68 KM — “i! nual divideng of € per cent. payabie|“WA# George W. Younr the mantat the expense of the i owite reece “| epee igune 44 ' you asked Hurke to subpoena?” Janet Sheldon?” was J ess 301-2 to 81; Philip Morris.12 to . “L might have, f query. 127-8; Wright Martin 41-2 to 6; 4} National Lead Company—Reguiar| ya, to get hold of Youn P ehaieeese oc ee ere Benatar 1 Merritt 321-8 to 821-2; Gen Asphalt! ~ OW) quarterly of 11-4 per cent. on com-|repting, “We even hired detectives to |” Bemator Thompson expla 70 to 71; Endicott-Johnson 80 to 8; a | reatean ater ine dared as %., $1.50, subpoena witnesses, but they didn’t| one of the ds a tt Cosden & Co, 93-4 to 97-8; No Am + cavalier 2m ‘ty oer 50, | eaten any fish.” client. He sed to wi P & P 61-2 to 68-4; British American 1 Gl" Waadaatites ttcos tac.|_ Jordan then asked Thompsbn tt aa ieee a New 21 1-4 to 27 344; Aetna 11 to 111-8; el curing ee tne Nea’ | Young finally game back to this elty. KOLGHAK’S TROOPS T™ME Lima 541-2 to, 56 | oe pasts ‘o—Regular quarterly divi-| phompson said he did and that he ‘Two o'clock prices were quiet and, ~1.|denda of 2 per cent on preferred and | nimseit got hold of bim at hie IMPORTANT. CITY irregular, Incont Rbr sold 32 1-2, off = % Gommion stocks. Last declaration was) (Young's) hotel. 3-4; Priess 31 1-2, up 1; Wrt-Mtn 6, = yh ]184 per cont on both issues, Com-| senator Thompson testified that he up 3-4; Nip 12, off 6-8; Irt 7s 88 1-2; | |mon dividend ts payable July M and/did not believe Burke jhad been! Horvarth Given ved Ra 0 Sine. G 60, off 1 5-8 from high; Hous- — 4) preferred July 16., authorized by Theodore P. Shonts,! a1 Omsk Government F ton 121, off 4; Nat Aniline 90 1-4 to 81; TT) Bandera Ol Co. Of N. J. rex. quar.) President of the Interborough, to sb Remington 78 1-2 to 9 1-2; Br-Am y + & | of $6 a share payable June 16 offer him assistance when he ran for in Eastern Siberia. new 27 1-4 to 27 5-8; Aetna 11 to 111-4 =— 4 Nora. re-dlection to the Senate in 1918. BERNE, May 15.—The troops of Avpbait 70 1-2 to 71; Endct- J 80 to 06; | Pomwvene BR Ot The Public Utilities Commission of | THINKS. BURKE SOUGHT TO IN-|mirai Kolchak have captured Sapulpa § 1-2 to 8 8-4; Hupp 8 5-8 tO! Reading . } al al 87% — | the Disizict of Columbia has authorized | GRATIATE HIMSELF AS “FIXER.” jan important city on the Volan 9; Libby 80 1-2 to 31 1-2; Mrrt 32 1-8! mep steel, r+ 1m |the Potomac Electric & Power Co. to| Yesterday Thompson testified that ing Ukrainian Press Bureau here oa to 82 1-2; Midwet 190 rey 192; Stan! Sinclair Oi 66% — 1% | Issue $1,760,000 genera! mortgage 6 | Burke offered him Shonts’s assistance, learns from @ well-informed soures. Mitra ¢ 3 Curtiss 18 46 Boutin Pacitic.. 100% — % (Der cont. five year bonds for extensions | professing to speak as a representa- | Gus. Wednesday, May 1 ( n |Somth. Ry......... 20% — \ and betterment. bee epee . Cramp 118 to 123; Boat 16 1-4 to 16 3. subaeiel Oos.., oe — xl vu. 8 @ ic Uiveciore quarters 1 Chew ghe traction man, To-day's | Press.)—Follo the. recall, of Int Ptr 82 to 32 1-2; Anglo 26 to 26 1-2. | Texas Co......... 5 — 6 linecting for dividend action has heen {testimony of the Niagara Senator | Ivanoft-Rinotf,, Commander tte ‘The close was tregular, Peerlens| Tobacco Prod...... 86% ‘postponed until May 2, but it in oMel-|Was to the effect that in his opinion | trees of the All-Russian Gow 808-4, up 11-4; Middlewent 190; ) Vote Pec» ise + & ally announced regular quarterly divi- | Burke ucted as a free lance seeking poe egringreenlhe ; forvath | Merritt 311-2, off 1; Nipissing 113-4,' 1. pune 70% 6 — 1, | fends of 13-4 per cent on prefetred | to ingratiate himself with prominent | addition to heidin red seston e off 7-8; Houston 120, off 5; Sinclair! U, 5, steel... Jens — 2 Stoek will be payable June 30 men aa a “fixer.” Civil Governor. “This + atep = ; Gulf 60, off 1-2; Boat 161-4, up 1-45) U. 8. Soret pe 16 Bull & Eldredge are offering $2,126,000) “Did Mr, Shonts ever personally! taken so that the Government Intcont Rubber 311-2, off 13-4 oe Oe bu Baa ppegentr tie ar na aie tha and es offer you assistance, financially of| have a more secure grasi on effalre | } _ | Weeets, 5. a oe 8 tet id and interest to yicld b.a7 per | Otherwise?" asked Jordan, the Bast ne OUTSIDE MARKETS. LIBERTY BONDS cant { can't recail that he ever did, Ie ta stated trom 4 Sigit Govern Bost ed n rye paige The comptroller of the currency. hi oc oI " source that the selection of Gen. a Eup aner Vaeree : rig aan 31-26 98.86, up 10; Int 49 96.60, off 105 | o ed for the, condition of ational Siceiaooat or otherwise,” replied | vty tor the commaad‘in tha Kart Aaeid ji eit BPs SST ond 48 94.30, up 12; Ist 41-48 96.50, off |banks as om pso! decided upon in th Walworth 5! vd icta|, Philip F. Gray hus been appointed | Senator Thompwon’ then’ paid bis} rots parr Boge ewypey es treasurer of the Irving Trust Co ‘FUND FOR FIGHTING DRYS DISCLOSED AT DOUGHBAG INQUIRY (Continued From First Page.) man, after having lunched with him Jat the St. Regis on March 29 Iast, did you think an offer of @ bribe had been made to you? Senator ‘Thomp- {won was asked point blank The question was put by Senator lower at 3913-16; Swiss cables 5 and Peseta cubles 20.2 ring demand 4.65 1-2, cables 4.66; Frances demand cables 634 ire demands 7.87, Hes “8 7.85; guilders demand 49 11-16, cables 3913-16. CLE. RINGS. 186,569, increase $65, $57,818,123, increas, Sub-Treasury House $446,42: debtor at aring | ; Federal Reserve Bank | | creditor $4 | GRAIN | Range for to-day at Chicago: | CORN Changer Oa . 1 May | July fa. May auy | Corn ui July hee | Laat, | Alvah W, Burlingame, Chairman of the committee “A bribe in the sense of the Penal Code? asked ‘Thompson “Ip @ general way, | mean,” ex- plained Chairman Burlingame. “Well, I thought ex-Gov, Whitman fullest sense Thompson | was lobbying in the the term,” replied emphasis. of with “Did you not part as friends?” asked Chairman Burlingame. “Just as friendly as we ever were,” replied the Senator with a meaning | smite. Mr. Whitman contends the St. Regis lunch was suggested by Thompson. On the other hand, the Sonator eons tends, Republican State Chairman Glynn told him Mr. Whitman wanted to see him. At the St. Regis meeting, according to Senator Thompson, Mr. Whitman intimated to hin very strongly that he could be the next Republican candidate for Governor on |condition that he favored the seven. jcent fare bill. PALM BEACH SHOWN AS MECCA FOR TRACTION MAGNATES. That Palm Beach was a veritable Mecca for traction magnates, lobby- ists and “specialists” during the ieg- islative investigation of the Public Service Commission and the Dual taxes of $1,286,906, equal after asked Mr. Jordan, “was a pretty popular place prior to July 1, 1916" (the date when the ‘Thompson Investigating Committee's power to subpoena witnesses expired). “On account of your Investigation?” ue he ha h canfiate® ae thus honest veing pemered.¢ Wii ian’t ary relations with h the United States, respects to Senator Jimmy” Walker, 2 i th Dee the Tammanyite Who has a ‘reputa- tion for great friendliness toward J BALTIC SAILS WITH R4q3 | Henry Walters, the Republican Henry Wary, tae nebubtens) ac gammnegy Sta handled the Carson-Martin Seven- Cent Pare Bi, Asked to exoluin Walker's attitude toward him, | Alexander E. S. Hambleton a Thompson said: “I think he wanted to make it ap- peur there Was nothing to the stories of the so-called $500,000 doughhas ond @hus put me, the author of the ot New York Taxi. After Escaping Torpedoes. Cept. Alexander F. &. Hambleton the British Navy was a stories, in wrong with the people in| the White Star liner Bult, Malling @ genera . afternon at 2 o'clock, ‘The officer Burke s counsel then asked Thomp- | renowned throughout thee for | son if he had any corroborative oh good .iuek. He comnionded the port Celtic on trip after trip . xaw a submarine. ef Taeoethons r and that was the tithe the Céltie way torpedoed. The same thing to the transport Justicia, which he commanded. After the armia dence that former Goy, Whitman and urke bad attempted wrongfully to uence his attitude toward ‘the en-cent fare bill NOT SEEKING PRETEXT TO PUT ANY ONE IN JAIL. told you all the cireum toh wae signed O stances,” replied Thompson. "L have jrelated In every detail my conversa-| Hambleton came to this country tions with ex-Gov, Whitman, I did!had ben In the city only « few not have a dictaphone in my room when | talked with Burke, Neither am L seeking @ pretext to put aay one in jail. Mr, Jordon then returned t@ his line of questions concerning the motives that promptéd Senator Thompson to tell reporters of his experien Whitman and Burke, The Senator sald his disclosures were rather @ result of impulse, but that he was when he was knocked down by and sent to 4 hospital for twelve Mrs. Willlam Ellis Corey was rf on the Baltic, She W. Williams (sel Williams), for many years ship ny reporter for the New York Times, with his wife to spend Qwo men’ France and England. BANKING AND FINANCI SINCLAR CENTRAL AMERICAN 0 BUY—SELL SWITCH STOCKS | tati,| Subway contracts, was brought to |]| Many far-sighted investors “ci light by Senator Thompson, 740' Many of the New Yorkers sojourn Maret ie ing in Florida were not pleasure sceks | “Salary $7 500; ps Market closed irregular, May, 18.20 crs, Senator Thompson said. The ’ , Ke A vin Bs June, 18.18 to 20; July, 18.18 to| Were subpoena dodgers. New York ||| 0 ” pe turn and long pull. 20; Aug., 17.86 to 8; September, 177.55, City millionaires .whq had baked || Income 10, 00 Dec., 17.04 to 6; Jan., 16.94 to 6; F investigators were exploring commit. |}! Of May 14 will contain come 16.89 to $l; March, 16.84 to 6: April,| ments and obligations and bonuyes, | ]| There were many prehensive articles on baasie! 16.84 to 6 sudenly packed their trunks and hied hundreds of income tax torious issues in this i THE METALS themselves back to town on July 1, reports that read some- igeudine — Int., | Some large producers are asking ae The desertion of Palm Beac | thing like this. Do you eesdaunaa ar Cons. 16 1-4 cents a pound for substantial ,floped a cryptic message explain- ? Lake. . Ly vas kpelprilye ing that the coast was ¢ r—-that know why Copy mailed free bess? amounts of metal for summer deliv- bd ‘ pore , a al quest for SS No. 21, ery, The buying movement in cop- | the powers o PROSAS 1B the hands S Der gives indications of expanding, of the ‘Thompson Investigating Com | CHMIDT & DEERY. Most of the business being booked is mittee had ceased Members for domestic accounts ,A few uldelighta on the popularity! 1) if the Stock Market is Consolidatea Stock Exchange ap N. Yo: Metal Exchango quotes copper 0! Palm Beach as a midsummer resort) strange ground to you ~if New York Offices -¥ steady, Spot and May, 15 1-2 B; Were auite innocently developed by you have known stocks Uptown Offices 'T) june, 15.60 B; July, 1680 to 16.50; Clarke L. Jordan, counsel for Richard | ]| which might go up (or pay iS Eiee Aves 4 ar '\ Henry Burke, who had Senator! }| greater dividends) but did + re Aug. 7-8 to 16.50; Sept. 15.90 to ’ | Phila, Office, 2% Widener. 16 8-4; Oct., 16.158 to 10.1 Thompson under cross examination not new how {mane leg, : i , c e ‘ money by you ow les = Lead steady. Spot and May, 4.85 #1¢ asked the Senator whether, when|}/ MOnCY, BY youl neh meee, to 5.05; June, 4.95 to 5.05. he was chairman of the legislative || «The General Rules For Spelter steady, Bast & spot committee in 1916, he had caused a |) Trading,” at once, “Let ‘. | subpoena to be issued for Nichgjas b and May, 6.02 1-2 to 6.12 1-2; June, | *4 ‘a | 6.05 to G17 1-2: July, 607 to 6.22 1-2; | Brady and his brother, Jam@tyc. | | Ask for No. E.W.-477 " } 4 Brady. Aug, 6.10 to 6 1-4; Oct. 6.12 1 + Mi Aon't’ think ® aubpoona waa'll| JONES & BAKER = tssued for Mr, Brady or his brother," SECURITIES of of POSIT TONS. BARNINGS replied Thompson. * 50 Broad St. 505 Fifth Ave. | Pierce Oil—Eleven months ended) Mr. Jordan then asked ‘Thompson ||| TelBread2910 Tel. Murray HillT120 are daily Nov, 30, 1918; trading profit, $5,288, | whether Burke hadn't told ‘him that | NEW YORK a of ree total income, —%,649,698; expenses, | Nicholas I", Brady had an ii relative ||| Guutte!MN oct Priate Wires’ wonte to readers the 5 $224,105; depletion and depreciation, and didn't care to appear as a witness | Morning ancien nd Sani $986,998; federal taxem, $207,009; bal-| before the Thompson committee, | ‘ orning a in ve ance, $4,231,586; interest, $888,435; net} “Oh, I don't know whether he suid! |! mate® income, $4,343,161, Mac Andrews & Forbes—Y 1918; Net earnings after charges and fed- | that or something about Palm Beach, replied Thompson. “Palm Wéach," said she Senator, ud bs