The evening world. Newspaper, May 20, 1919, Page 16

on . C. GRAVES No mortgages nor liens of any sort. ING GAS WELLS. [Hi MARK 18 ‘THR OKLAHOMA GASOLINE. COMPANY, Th States, The company has very heart of Glen Pool, Oklahi , depth of 1,054 feet, which show in a few days 200 barrels initial production. price of this oil ix $2.25 per barrel A dividend-earning producing company DEVELOPMENT COMPANY IHIAS FIGHT LARGE Mi 4a | THIS PETROLE is one of the larg est gasoline extracting companies in the Un'ted ther well in the » drilled to ye completed The wells in this field averng: Present selling T FOR OIL COMPANY (Organized under stringent corporation laws of Oklahoma) Te of, the company a 0. C. Graran, Me raters to National Hank of Commer, tn: wireet"s and fos to. fils, reliabuiryy Authorived capital . ‘ «+» $1,000,000 Issued ... sees 0,000 Present’ Offering . 250,000) All Common Stock. No Preferred Stock. No debts two con tracts let for two additional wells and derricks up on other leases in this pool . HOLDINGS Company has L882), acres about equally di 4 vided between Texas «and best in that famous field, The company's $100,000 in cash: has been paid for in cash leases: First dividend payable July 10, 1919. Address all inquiries and make all rémitiances payabli “1 West 34th St., New York, N. Y. Phone Greeley 4655. =— 1309 Finance * Oklahoma. pany’s Burkburnett leases are among the very Contract will be let next wetk for first well on Bugkburnett holdings. alone cost Hesides this, all development more leo Blidg., Philadelphia, Pa. lished to instruct stock- holders in their rights holder, many of which are valuable. stock and bond read this free booklet at once. Call, 'phone or write for No. E. W.-476, Stock Owners’ Guide A free vest pocket booklet pub- Do you know the difference between common and preferred stocks—between A holders?—and how the + G@wners of some stocks not paying dividends can operate to secure dividends? If you own any securities, or plan to buv some. JONES & BAKER SECURITIES 50. Bread St. 505 Fifth Ave, Tel. Broad 2910 Tel, Merrey mn T1230 NEW YORK PmILADELrInA Direct Private Wwes frrrssunon DETROIT BOSTON Com than Present selling pricé $15.00 a share Frank L. Dempsey & Co., Inc., Third Edition Ready—Order Today oF i igen new booklet explains all the ay commonly accepted rights of a stock- | Trade by Telephone You are as near to Wal! Street as you are to the nearést telephone. You are invited to phone my office for informa tion and latest quota tions on all active Oil evad One of N 8 Company owt. Le standing Phone Broad 6016 Direct Private Wires to Canada and Branch Offices: Buffalo Detroit it Cobalt Rochester Timmins Toront- Which of These Stocks Interest YOU? TONOPAH BELMONT. leading allver-«oid aa been @ conaletant or ye BAVOLD TI patents Crmaking old automob Standard A2New St. ANTS ORK Accurate, Analytical Informa- THE EVENING WORLD, BANKING AND FINANCIAL. | BANKING AND FINANCIAL. _| ptt) elanb dedi de le lsban eg A Pree oA SLATE ALL Lil) ‘CLOSING QUOTATIONS, 3 P.M. WALL STREET | part of the Presidents incssage WH | sinciaie oi % D in Malt and In- moved up about recotves| and Americ dustrial Aloohol wer . TUL. Te suggestion that legislation be terests. As unnounced by President | Franklin yesterday, the company has been offered approximately $130,000,- are arranging to open large foreten | q disposition to believe that receipts credits here. ‘The funds go advanced | of the sale will be disbursed to stock- will be used almost sblely in’ the | holders in the way of a dividend. Such purchase of American quods. 5 action ts entirely improbable, Steel stocks moved irregular. Pan-| ‘There is 67 per cent. in back divi- American Petroleum was the leader) gends due on the preferred stock. in the oil group, moving up on the! prospects are that if the sale finally well worn rumor that foreign inter-| poes through the bulk if not the eats are seeking control through pur-jenure amount of accumulated divi- Chases in the open market, Ohio Cit-|dends will be pald off. However, it fen Gian Decame conspicuously strong! is considered entirely probable that ® in late trading. \substantial part of the funds will be Copper stocks also moved irregu-| reserved for the purchase of other larly and failed to command fresh | ships. speculative interest on the announce-| Stockholders of the American Inter- ment that metal prices bad again] qational Co. have an indirect, though been advanced. an important, Interest in the’ propgs- ‘andler led the motor group, mov-|ed sale, inasmuch as their com: y jing up 6 points, half of which Was lost| is a large holder of the shares of the in’late dealings. Other motor stocks| Mercantile Marine Co. were from 1 to 2 points higher. Announcement from Washington Money continued to rule compara-|that the bids which the Railroad Ad- tieeleeonay bat the foreign exchange! minivtration solicited on 260,000 tons market again approached demoraliza-|of steel rails will not be opened for tion with French and Italian exchange | several days {8 disappointing to Wall being. particularly weak, However, | Street, Since the abandonment of the thit was without particular influence | steel price stabilization plan little on stook trading new has developed in the price situa- | oe tion, One large manutacturer of |, meeting of the directors of| steel plates increased his price $2 te i santile Ma-| per ton, but all other manufacturers the etarpe tones Ey aod this {adhered to the old schedule, It has 1 rine afternoon to consider the proposition of selling the ships of the company under British registry to British in- all along been believed that the prices | submitted to the Government for ateel rails would furnish an accurate indi- cation of the trend of prices, Under the stabilization plan manufacturers agreed to sell Bessemer rails at $45 per ton and open hearth rails at $47 per ton. It seems to be the consen- sus of opinion that when the bids are opened the price stabilization figures had been raised. If this proves to be the case bulls operating In steel stocks will be much encouraged. Persons contemplating the pur- chase of stock in new oil promotions will find much food for thought in enacted to [acililate extansion of | 999 for theso ships, which have « ton- | Were 5.05; Peseta Cables, 20.19 and American trade in foreign countries | nage of about 750,000. Jt is alto- | Stockholm Cab 26.50, Sterling, de- algo was fuvorably gether Hkely that the offer will be| mand, 4.64; cables, 4 francs, 49- sulted in ronawed stre accepted by directors at to-day's| mand, 6.61; cables, 6.59; lire, dem can International, un meeting. 8.26; ‘ables, 2 guilders, demand, leather, augur and othe ‘4 ame disponition of the funds deriv-| 39 5-8; cables, 39 9-16, doing a large foreign business, ed from the sale of this tonnage is, : 7 this connection tt may be etuted that | of course, of most marked moment. 4 eel fete : Hthe largest private ounking houses |Tn some awurters there seems to be ‘ork $804,331 Wilts totes onal m * a1 Hiract with Keystone Tire & Rubwer ( with Nemours Trading Gor. Write, Phone or Call for Information tion Right at Your Hand My Bureau of Statistics and Information supplies to inves- tors and traders the most com- plete and carefully prepared analytical reports on securities offered by any house in Wall Street. It is one of the most important departments of Wills’ Standard Brokerage Ser- vice—"A Service Mixed With Brains." The advantages of this service are offered you. ADANAOQ SILVER COSDEN & 00. Phia independent Ol company has np to Standard Oil proportions is developing an a. which pl tontlal value back of tho stock RYAN PRTROLBUM Company has just acauired valuable land T Prompects re ER CONSOLIDATED the world’s largest quarts Partioalans o, and males aarseme A frot Ean New York. WONDERS | figures on oll production given by the magazine published by the Standard Oi Company of New Jersey. It shown that the 000 wells in the United States, about 80 per cent. have a yield of as much as a barrel of oil daily, while thousands of these wells have a production of less than a quarter of @ barrel of oll daily. However, in all fairness, it must be said that certain of these new pro- motions appear to have real merit, and possess attractive possibilities. Conversely, stocks of other pro- motions do not appear to be worth the paper they are printed on, It Is a time when an investor or specula- tor in oll stocks must se unusual caution and discrimination _ BANKING AND FINANCIAL, The Outlook For Silver and its relation to the silver \seues,—particularly from the int of the effect of the prevailing ayy silver pie a earnings, — is comprehensiy discussed in this week Market Letter, which also features a com. plete review of Kerr Lake the second largest silver pro- ducer In Canada, Write or phone for free copy No. EW-420 [RANGER OIL F the wreatest oll discovery in history IELD TO-DAY'S PRICES igh, Law Ain Hews sae Kita 1% | Am Can ’ 18% 4 | | Am, Lacometi re n +2] | Am, Sen & Ret yl LIBERTY BONDS ‘sat “i Ye | Am. Steel wiry ‘ + 4) 8 L-2e, 99.62, up 12; 2nd 4s, 94.28, up | News and Gossip of To-Day’s io. To, sony tans Welor; snd 41-48, 94.64, off 04: rd 4 i-4s, | Market—Present and Fue | (usu ines. hey celina AI tab , a rt wv t a Bg | ture Prices. | waitin tamenoric Py ytal sales of stocks 1,951,000 aenanencactioweoes 5 4 | Hhures | tle | CURB. Thut the stock market needs new Tr | saulfivei obs av Riwmbidcasiy: AVR) a ee *] The close was irreguiar, Houston | Incentives o p 14 { 126, up 2; Intsont Rbr 29, off 2; Mrtt | able character before jt can resume “|s up 1-8: Aniline 1-2, up 1-2; | |its upward movement on o broad | Priess 37, off 1; Sing G 60, up 5 | seule was indicated by its action tos | A | Midwest 183, off 1; Boat 163-4, off 3-4. | Com Prt, Oo 1%| Opened steady, Houston, 122 to doy. Bull demonstrations are now) ea 1%} 125; Sinclair Gulf, 69 to 693-4; Inter. | Jacking. Professional opinion has b@- | ie : 4 |Cont. Rub., 30, off 1; Merritt, 301-2, off | lcome decidedly bearivh, Conservas | Gemwal atom Co 1 | 3-8; Peerless, 38. | pte lees dm Great Now (a 1 | Sincluir Gulf, 60 to 601-4; Inter. | ]tive commission houses are gb Gres Nor. Ore %| Cont. Rubber, 30 to 31; American | out new warnings against the Indl: | tegen Caper 4 | Writing Paper 6 to 7: Peeriess, 86 to criminate purchase of stocks fetartoro Con 4/38; Swift, 5% to 61; Merritt, 30 1-2 ding was again on a big scale, “ | 10 91; Magma, 88 to 87; National 4 | Trading was again 6 Wek Bn %| Hine, 33 3-4 to 341-4) Wright-Mar | being well over a million shares, bu {51-8 to 63-8; Nipiawing, 121-8 to! lthe market lacked the snap it B48] \eswet soto dd : Cramp, 131 to 124; American | displayed. resuatiy ot ig | Mare, 45-8 to 47-8; “Boat, 17+ to| | . s-paeniaked rh ig |ITL-2: Inter, Pet., 811-2 to 32; Hupp, | Bullish ammunition was furnis Deake tome | 87-8 to 9: N. Am. PL & P., 56-8 to by the President's message to Con- | sigoy ugar. 53-4; Mid-West. 182 to 184; Endi- | gress. The opinion was hehe An date Ml Midwate Gian | cott, J. % e General Asphat:, 2 fe hia “ty | Was, Plies 0% ros ussian, 61-28., 62 to 65; held that the legislation be as! | Sy. Camere % to 58; Brit.-Am., new, 27 to have enacted was of a most construc: | yy ea j2 Aetna, 1111-4; Houston, 122) tive cbaructer, Yet, for the Most! Newh, Pactne 4) to 125; Rights w. |, 38-4 to 41-2 7 J nable to Te. BR i} Hl part uae Dearest ee Uae lie, @ W. Va. 4] OUTSIDE MARKETS. i spond at %| Philadelphia opened dull. Philadel-| Yo Wall Steoet the most important | yaaes | 14 | pata Whee 26; Plt T., to 261-4 B; | Storage Battery 24. | n D vill he returned Ww [Soutbern Paett ic Boston opened — irregular, Big} she 6 oot oe the end of the [Southern Haiway,, % | Heart, 128-8, off 1-8; Gray & Davis, | 1 dbbbeahyaelh "Studebaker Oo, . 2% | 51, up 3-4; Swift, 143 7-8, off 5-8; Wal- your, ‘This has been forecasted 4M ly esas Compagy w | dort System, 17 3- 1-8 this column rocondy amd while Une | Tobace Protos, » | ralis displayed a firm tone following re epg asl ' MONEY the announcement, it uppeared TOY ten i; li, mixed collateral, lending and have been quite fully diseounted, t. 6. eed. tes ee ae per cent; all industrial The request that war Lime ails Us Sal ot eRe ar higierr bates tion be repealed In part was favorably | Yuan Comer NM a led ay de EXCHANGE. The market opened weak, with de- mand Sterling at 4.64. Swiss GRAIN: Range for duy at C FRANCE WILL SEND TMD ISIN HERE | Promptly Accepts American Offer of Industrial Commercial Co-operation. Conyenaht, 1910, by ‘The treme Vyphaning Ue, (The New York Mrening World.) PAR leave Paris for the United States in September to meet the representa- tives of 1,700 Chambers of Commerce with a view to accepting American help in reconstructing Franee and replenishing the French markets, fn the course of an interview with Minister of Commerce Clemtel t representatives of the American Chamber--Edward Filene, President, A. C. Bedford, President of + Standard Of! Company, and T. V Lamont, member of the American Peace Mission—asked to meet the French industrial representatives with a view to drawing up a pro-! gramm They told how America was anxious to help France in the future as in the past, and called upon France to send representatives to America Tho offer was immediately ac- cepted, and the choosing of delogates | has already begun. i SHIP LAUNCHED BY BLUNDER BEFORE SPONSOR ARRIVED Careless Workmen ‘Send Italian! Government's Craft Into Water | Ahead of Schedule. (Speciat to The Krening World.) EW LONDON, Conn, May 20 —The jan Government's steamer Lansin¢ was launched to-day at Noank. without 4 sponsor and the other trimmings that usually go with « launching. Careless | workmen accidentally sent the ship down the ways at Il o'clock. Misa Dorothy A. Mercandante of New York, who had been selected as sponsor, arrived at the shipyard at noon, carry- ing a big bouquet of roses and acecom- panied by a party of friends, Miss Mer- | candante wept when she found the ship had eluded her, but she was taken out | in @ launch later and broke a bottle of wine against the Lansing’s side. bts ool HONOR FOR WOMAN AT 95. The Rev. Antol Fager to See All W The Rev. Antoinette Brown B'..*-| well, pioneer suffragist and pastor eoneritus - AU Baints’ Unitarian) N. J. celebrated | of Church at Blizabeth, her 95th birthday there to-day at the home of ber ughter, Mra. Samuel Jones. The guests brought with them ninety-five candles which decorated the able from which the refreshments were " Mrs. Blackwell preached the Easter sermon at All Saints and says she hopes to live long enough to seé all women vie and the League of Na: | dons organized, ——— WASHINGTON AT BREST | BREST, May 20.—The United States | transport George Washington. on iWhich President Wilson has ma Ais Journey between the United States a COFFEE. i July 18,8546 ; Oct, 1838040; Nov, 18.0506; Jan, 17.9204; Mar, 17.86a7; April BARNINGS. United Drug, three months ended March 31, 1919—Surplus after charges and tax, $1,848,801, equal after first and second’ preferred dividends to $5.25 a share on $20,050,000 outstand- ing common stock. Northern States Power, 1918—Sur- plus after tax, fixed charges and de- preciation, $1,175,260, equal after pre- ferred dividends to $2.23 a share earned on $6,170,000 outstanding com- mon stock against surptus of §: 942 or $5.33 a share in preceding yea 918—-Net in- }, $82,602,204, after preferred dividends equal on common stock, $12.87 a share 1917 Colorado Fuel & Iron, quarter ended March 81, 191%-Surplus after interest sinking funds, ete., $401,- , equal after preferred dividends common stock, agains Bush after interest and taxes, $1,020,943, in- cluding $46,496 over a year ago. DIVIDPNDS. Cresson Cons, Gold Mining 10 cents a share, payable June 10, National Transit Co., regular semi- annual 50 cents and an extra of 50 cents payable June 16. lar quarterly 12-4 July 16. Atlantic Coast semi-annual 31 payable July 10. NOT’ J. t. Williams, form » President of the I Hank, per cent, ine R, Th, 2 per cent regular common, last River Na- Carl T, } onorable discharge as captain in the 1. & Army, has resume ition as Assistant Mana 1 Department of Henry Doherty & Co, 5 ae 20,000 TROOPS ON WAY. er of the 29,000 troops. the embarkation is completes Division, kus | A sunspot discovered recently has Large Colored Map—Free |srize ait tnt imoy she i ‘OUBTIS, PACKER & co, ]/¢ 1, visible on the 60 Broad Ot, New York, me against $41,536,499, or $16.89 n shure in) 81,724, $4.92 a year ago. 918—Surplus and Milling Company, regular monthly of National Sugar Refining Co., regu- payable rly assistance to First » having received | former steamers Rot- Mobile and |New y ‘are sailing for the United Stat y from this port carrying more ot the Sth Division and begins that of the 1 aod) Oklahoma France, entered the inner port of Brest this morning, She is awaiting the President's or- ~ FREE 3 WOMEN IN AUTO Parents of Little Victim Arrive WASHINGTON, May 20.—Simple fu- neral Vinson Walsh McLean, son of Mr. and Mrs. apparent to the Walsh and McLean for- | tunes, who was run down in tne road- |way before the family home, Friend- jShip, Sunday and died in the evening. May 20.—A French com- | His parent arrived (rom Kentucky late mercial and industrial mission ig to yesterday. THAT KILLED M’LEAN BOY - i. a Bethesda, ien miles from here. Simple Funeral Rites ' | Planned. |til apprised py detectives, ‘Thy here from Charlestown, W. Va, services have been planned for an inquest unnecessary, issued a ce Acate of death by accident and decie: the three women would be Edward Beale McLean and heir by the second of ‘and ‘millionaire of that name, the richest boy in America. years iqld. t ea he death of Vi Jonn fh Vith the death of Vinson, Jo! the McLean ohil- ren, grandson of the newspaper owner The police disclosed to-day the identity of the three women operating the automobile that struck young Mc- Lean, They are Mra, Elizabeth Moore, who drove the machine; Mise Hilda | Moore and Miss Emma Riley, living at ‘They knew nothing of the tragedy or the identity of the boy they had struck un- ten “pn ago. ‘he Coroner declared the holding of , Decomes He is seven Went ioned, 4 the attractive terms of par: make buying here both conve: hient_and economical. TIDERTY LOAN BONDS, In the event. that ery”, secur, they at Meat ll face ioe if applied ob any furmibure gtected here. heed French and Spanich Spoken Here “TIMI [Sel beeeone eis Goad] y reached from West Side by ‘86th or 5%) St. Crosstown Cars A3-RoomApartment 6825 VALU} $245 ! ae of alt tind ie A4-RoomApartment 6500 VALUB Perted Furniture A5-RoomApartment ree | ae | \ | , Rugs, Carpets, Draperies CLEANED, WASHED, REPAIRED, STORED Insured at your own valuation at reasonable rates against Fire, Moth and Theft. WE EMPLOY NONE BUT EXPERTS. All work strictly guaranteed. Ours is one of the largest and most sanitary carpet cleaning plants in Greater New York. Our Electric Turbine Vacuum Process gets right under and inside the nap, and takes every bit of dirt out of the closest woven texture, brightening the colors of the pattern, without the slightest injury to the fabric. Phone MAIN 6900 today! Rug Cleaning Department PIONEER FIREPROOF STORAGE WAREHOUSES 41 Flatbush Ave., Bklyn. N. Y. OUR 40TH YEAR Drink to Your Own Health What do you drink when thirsty? Do you choose something that merely tastes good, without considering anything more? Why not drink Dr. Brush’s Kumyss NO TAX and get health along with a delicious, appetizing taste? Dr. Brush’s Kumyss is often called “that Sparkling Milk” which bubbles and effervesces so invitingly when poured from the bottle. Dr. Brush’s Kumyss is fermented milk partly digested and its food value is high. It supplies a complete lunch in itself. After drinking it, the appetite is not only satisfied, but there is no heaviness or dullness that follows the usual meal. You can do more work and better work after drinking Dr. Brush’s Kumyss, for healthy people “get more done” than people who always have soniething the matter with them. Get it at soda fountains for 15c a bottle. Served ice cold. Kumyss is made of pure milk, cream and all, according to the process of Dr. Brush himself, who has been making it since 1875, KUMYSS, Incorporated JACOB RUPPERT, President