The evening world. Newspaper, May 26, 1919, Page 14

to trading on the New York Curb June end, 1919, hen aod as issued we offer for subscription subject to orior tale and change in price without notice—the unsold remainder , 500,000 / Shares Treasury Stock Livingston Oil Corporation at $1.35 per share Price Advances to $1.50 Per Share % ) a 27, 1919, for any Unsold Remainder Oa igh at $1.35 Per Share After Midnight, May 26, 1919 Livingston - - - - Tulsa, Oklahoma Over 10,000 acres in and adjoining Ranger Field, Texas. Over 10,000 acres in Oklahoma and Osage tion. Nai Gasoline Al tion Refinery—capacity % 1,000 gallons daily. sani ai ‘Production: Average yearly rate over 400 ba: L% 15,000,000 cubic iret of gas and 800 gallons gasoline dail: Several times dividend. requirements. 8% Quarterly—Jan April, July and Develo sen und ment. 18 wells, drill tions ler way, one 4 Aut one of ing Sapulpa 4 85 wells, practically offsets, to be drilled. Foe further particulars above Cor- Eee Dun & Co., and any bank in Tulsa, Okla. 1 Adlggenine he ry Ken do gece argent ell ade wy C.D.Kuarr d2.aCo. Established 1900 Broner’ s Sincer Bunpwa §=©6New York Ted. Cortlandt 2543-4-5, 8373-45 while have been obtained _ cogvoers Mito) \ oe growed. trom To the Public > | GOVERNOR’S RECONSTRUCTION COM- “MISSION IS TRYING TO BREAK THE ME BUILDING DEADLOCK AND IS CALLING UPON INDIVIDUALS AND COM- PANIES TO START HOME BUILDING. an CITY AND SUBURBAN HOMES COMPANY is prepared to homes for as many people in New York as the public will ‘us capital for. » have the sites selected and the organized facilities for immediate ction. We now house 15,000 in our model tenements, which maintained in point of cleanliness and sanitation on a standard le with the best apartment houses in New York. Our stock ited to 5% dividends. ‘The Company is now paying 4% and earning more, and we believe capital invested in our stock will, in the near future, earn besides the reserves necessary to provide for the reproductions ef the buildings when they reach the limit of their economic lives. from lack of proper housing facilities in the City. of living throughout the City will be lowered, Directors. ¢ y & Suburban HomesCompany e Main Office—624 Madison Avenue Telephone Plaza 5001 Pa p R. FULTON CUTTING, Chairman a. ALLAN ROBINSON, President : DIRECTORS ANGLO-AMERICAN OIL Circumstances surrounding this Company's affairs have been of such an unusual character as to direct the interest of close analysts of oil securities. We have prepared a special article dealing with the situation which we believe would be of more than passing interest to you. Uf interested, send in your request today. L. L. WINKELMAN & CO., STOCK BROKERS we ask the public of New York to help us in our effort to pro- needed homes for people of moderate means who are suffer- If relief is forthcoming, housing conditions will be deplorable and the stand- tions may be made direct to the Company or through any S. Aeerhech Outen Mile Joho H. Storer Allan Roldnsen ‘Aitved 7. White Vo™r® ). Sloane George W. Young "Ey eapin ah ve Merenge ‘Trust Cmpany TO-DAY’S PRICES There was a rush for stocks from all over the country. Opening quota- tions on leading issues were from 1 to 8 points higher than closing prices The public bought the steel, copper, motor, rubber, electric, tobacco and motor accessory stocks. General Motors at 200 was up 6 1-4, As a group coppers attracted most because of the endden Inspiration led with a gain of 21-8 to 691-2, Cruci- blo Steel was @ feature of the steel group, gaining 33-8 to 79143, Atch- ison featured the rails, selling at a new high for the year at 101, up L. Genera] Motors common stock sold |‘) at 200, This is the equivalent of 1,000 for old stock, which was exchanged on the basis of & for 1 three years ago. The record high for the old stock wa 850, made on Oct. 26, 1915, and the record low 25 on May 15, 1913. The recent advance to a new record high is entirely due to: the company’s earnings position, It is estimated the net in current year will show a minimum of $75,000,000 be- fore taxes, which would mean an in-|° crease of better than 100 per cent. ‘ of Saturd attention change In sentiment, over earnings of 1918, OWLS ON THE CURB, Houston, 140-145; Midwest Refining, 187-189; Gulf, 62; Amal. Royalty, 1 1-2—1 3-4; 1-2-60; Ranger Oil, 1 1-4-1 3-8; Anglo-Am. Barnett Oil, | 8-16—1-4; Coaden, 9 3-4—9 7-8; Glen- |rock Ol, 7 1-2-7 6-8; Merritt Oil, 31-31 1-4; Hudson Oil, 2 1-8-2 3-8; Island Oil, 8 1-8-8 1-4; Pitts, Tex, Oll, 55 1-2-6 1-2; Victoria Oil, 3 1-4-8 1-2; -66 1-2; National Oli, 6-6 1-4; Ken. Pet., 4 7-8—5 1-8, Noon Prices—Pennok, 16 to 161-2; Sholan, 46 to 48; Island, 8 to 81-2; Amalgamated Royalty, 11-2 to 13-4; Glen Rock, 76-8 to 73-4; Ranger, 11-4 | Federal, 27-8 to 3; Savoy, 10 to 11. | to 18-8; Inter, Petroleum, 311-2 to 32; Sinclair, 616-8 to 62; alt Creek, 65 to 66; Merritt, 81 to 811.4; National, 6 to 61-4; Kentucky Petroleum, 47-8 to 5; Opened firm. Commonwealth Pet., Com. 18 1-4—18 1-2; Salt Creok, % 1-2- _BANKING AND FINANCIAL, Lo Enroka Bi Also latest propert; the active tha eet levels. Niplasing jenopah Beaver Cons. Gans. Coper Mlees 5 Boston & Montana ‘Ariz, Sliver Mines Copy 830 Free on BHKANCI Oxhorgo-—Detroit— Abi wauh Wantond Vbiladelpnia- Sinclair ~ | div., 20-27; Savold Tire, 56-68; NY. Silver Issues are at last receiving public rec- ognition 't should most of them to higher mar- Our WEEKLY MARKET LETTER contains information on Kerr Lake q Divide West End Sliver King Cons, —Tintie Standard ments and items of Interest on OIL AND MINING SHARES INCLUDING Onio Cities Commonwealth Pet Midwest Yd Coal Island OW & T, Houstoa OW sf ae Chas. A. Stoneham & Ci & Co., 41 Broad Strect New York Eetablished 1008. No Promotions is $1,800 a day. Stock, Telephone Broad waa Authorized $3,000,000. Par vaiue $1.00 DAILY PRODUCTION IS 650 BARRELS. From two flowing wells on property No. 1 Daily gross income yield alone on this property is $1,573 out of which the net income In addition to the above property the company owns 2,6041% acres of the most carefully selected properties in the Burkburnett and Ranger fields of Texas, most of which are richly surrounded by production; 80 acres in 2 blocks are in the famous Duke pool section in Comanche County, gusher field of Texas and has such famous wells as the Knowles and Sinclair, operations for new wells are now under way, The purpose of this stock issue is to further develop the company’s properties and to enable it to build its own refinery, pipe lines, &c., thereby increasing the company’s revenue very materially. A special meeting of the directors has been called for June 15th, 1919, to declare a 89 quarterly dividend to Stockholders of record July 1st, 1919. The present ingome alone from the two producing wells, calculating the daily net earnings for 800 days, is more than required The management of this company is under the direction of successful business men of high standing, and includes men experienced in the oil business. Waco Chamber of Commerce, Waco, Texas. ‘irst State Bank & Trust Co., Waco, Texas. Central Texas Exchange National Bank, Waco, Texas. We recommend the purchase of this stock either direct or through your own broker. C. W. GALVIN & COMPANY 50 Broad Street 1611-2, off 7-8 to 13-8; Opm. High, tow, Last.| 15518 to 54, off 7-8 to 2; 4 ne on 661-2 to 661-4, off 3-8 to 5-! Hin Abie 94m | DOE 68 to 62 1-2, off 1-4 to 3-4, Bile Bt 81M COTTON. wi% % 2%) Opened strong. July 31.60, up 60; 1mm eu ‘ton |Atsust, 81.40, up 20; September, 20.65, 102% 100 101% | Up 10; October, 30.80, up 45. Under the influence of poor weather 6 4% AN and crop reports cotton prices opened 7% 7 1%%| Strong up 10 to 60 points. Liverpool ™% 2% 2%) sent strong cables and followed by 2% %% 2%! buying in local market. Gelling was 167% 167% 367% | Scattered. At the end of the first 8% 8 68%/ half hour prices had gained an addi- a% «@ #% | tional 6 points with shorts actively covering. The Coffee and Sugar Exchange 10% 10% 19%] will be closed Saturday, May 31. COFFEE, Opened steady. July 48.60B; Sep- tember 18.30B; December 17.90 to S% 9% 9% 117.96; March 17.78 to 17.76. DIVIDENDS. * %| National Aniline’ and Chemical, 6% 47% 4756! regular quarterly of 1 3-4 per cent. on 108% 11% USK preferred stock payable July 1, cent, on common payable July 1, bed Nipissing Mines Co.—Regular quar- g terly dividend of 6 per cent, payable 98% o8y|July 20, and an extra dividend of 5 4a per cent. payable July 21. I BANKING AND FINANCIAL. U.S. Rubber World's lareest consumer of crade rub- ber ef which @ larce vercentaze is obtained from its ewn vlantations, In tho best position in {ts history, as the large plantation Investment to the Far ast ts just besinning to develop @ real earning power and the manu- facturing and selling ends were never better balanced. LIBERTY BONDS. 31-28, 99.48, off .02; Ist 41-40, 96.90, up ety 2d 41-45, 95.04; 84 41-45, 95.68, The history. present status and feture outlook of the U. 8. Rubber Co. is Boone, 143-4 to 151-4; Boston W; ming, 60 to 62; Cosden Co., 11 to Li -18; comprehensively week's tures discussed in this jarket Letter, which also fea- jo news relative to Pierce Oil Stadebaker Amer. Car & Fdy, Gaston, W. & Wig. ‘THE CURD. Opened firm. Aetna, 11 1-3, up 1-2; Chalmers, 14, up 1 8-4; Wright Martin, 6 8-8, up 1-8; Brit. Am. Tob, Co, Corp. ex-div., 20—27; British Registered ex- No. EW-425 free on reauest. HARVEY AWILLIs 2 Co. ps CONGOUDATBD STOCK FE TROUNGE RY. “EMBERS sd Broabway|47f FIFTH Ave, NEW YORIC | oF puscc vanany. Phone, BROAD 127| VANDERBILT 7037 Savold, 64 1-266; Swift Int., 59-61; Cities Service Bank Shares, 39 1-4— 39 1-4; Asphalt, 67—70; Hupp Motor, 9 3-8—9 5-8; Magma, 33—35; National Aniline, 38 1-2—39 1-2; Submarine Boat, 16 3-4. Noon prices—U, 8. Steamship, 25-8 to 23-4; Phil Morris, 1@1-2 to 13; Per. Tire, 11-8 to 11-4; Hecla, 6 3-8 to 65-8; Chalmers, 141-4 to 141-2; Hayden Chemical, 81-2 to 88-4; Savold Tire, 56 to 58; N. Y. Gavold, 641-3 to 56; Inter, Rubber, 29 to 291-2; Sub. Boat, 16 to 17; Marconi of America, 51-8 to AVITAL MESSAGE FOR INVESTORS —Has come from France. In- dustry in every line should take fresh courage and dis- play renewed activity on the strength’of the President's latest memorandum to Con- 61-4; Wright-Martin, 66-8 to 67-8, gress. —The stock market should OUTSIDE MARKETS. benefit, especially in cer- Boston opened firm. Copper Ra tain lines, We give full in- covering securi- classes. Read “The Market Annalist.” Current yee, Peed uy for 100 No. eens SCHMIDT. & DEERY Members Consdlidated Stock Exchange of N. Y, New York b senna $0 Broad St.| 319 Fifteen, Ave. ‘Tel. Broad G242 Tel. Mur'y Hill @49 Phila. Office, 628 Widener ‘tidg. 45 1-4; Gray and Davis 48; Shoe, 63 1-2. Philadelphia epened steady. Cramp., 123; Storage Battery, 74; Phila, Elec., % 1-2; P. R. T, To, 26 5-8, MONEY. Call, mixed collateral, lending and renewing at 41-2; all industrials, 5] per cent. | GRAIN, Opening at Chicago. May corn 178 pi kh A BANKING AND FINANCIAL. TEX-YORK PRODUCING COMPA NOW ON NEW YORK CURB Capital Stock To be Issued, $2,250,000. No bonded or mortgage indebtedness. This is recognized gs being the greatest deep sand Drilling to pay a 12% dividend on the entire Capital REFERENCES: Liberty National Bank, Waco, Texas. to 177 1-2, off 1 to 11-2; July 162 to! September July oats, Septem- United Drug, quarterly 1 3-4 per, Stocks and Bonds, New York City Telephone Broad 2665, 2666, 7287, 7288, BANKING AND FINANCIAL. | | | | | | SS BANKING AND FINANCIAL, ] BANKING AND FINANCI, 4 AUTHENTIC EXCLUSIVE NEWS OF THE ar Silver and Oil Booms a. With the market significance to many securities for benefit of inate end Waders, Staff writer wires remarkable, EXCLUSIVE Silver ar- ticle from Cobalt. One great silver mine whose shares are active and which has already paid more than 19 mil- lion in dividends is ONLY HALF EXPLORED. Every } 10 cent rise in silver prices (recently UP 20 cents) means d 1,700,000 dollats to the Cobalt mines. a Washington correspondent in EXCLUSIVE dispatch predicts the introduction of a most important Silver Bill in this Congress—a long-awaited measure placing silver on a parity with gold. International bi-metalism—a wonderful prospect for silver security holders!—is dis- cussed and urged by high commissoner. THIS WEEK’S _ INVESTOR & TRADER —NOW READY— covers fully the unusual profit-burdened Silver situation and points out the stocks worth studying for trading or investing. Maps of Cobalt District and Lance Creek oil regions. Specia! corres- pondents and mining i send the news of the booming Tono- pah camp and the great Ranger (Texas), Wyoming and Oklahoma | oil fields. New York Curb Market Industrials “covered” by ‘ veteran writers. Washington correspondent sends EXCLUSIVE Congressional forecast roa market comment. Read also the Editor’s list of stocks which may be unusually active this week. Also news, quotations, sales, year’s and last week’s high and low prices on all active New York Curb Market securities. Sample copies free to investors and traders. Call, ’phone or write us for No. E. W.-791. On sale at hotels By the year in and news-stands OC @ COPY U-S, & Canada 92-00 JONES & BAKER SECURITIES SS 50 Broad Street 505 Fifth Ave. Tel. Broad 2010 NEW YORK Tel. Murray Hil T1u0 (Direct Private Wires) CHICAGO PITTSBURGH PHILADELPHIA DETROIT BOSTON inventory of your securities and caarail ully weigh their market position and future possibilities? A readjustment to / changed conditions may necessary; yf “knots may have to be untied” and action Nn taken to retrieve possible mistakes of judg- ment or incorrect advice. It may be that you should take profits in some stocks and switch the funds into more seasoned securities. f WILLS’ STANDARD BROKERAGE SERVICE 2 includes a Bureau of Statistics, giving accurate analytical Kasi on all securities; unbiased advice based on years pert experience; prompt and accurate execution of orders; quick , Fo of certificates and immediate settlement of accounts, w! requested—a complete “Service of Execution Mixed With Brains.” The MARKET DESPATCH published every week, gives wPrto- She inate news and clear cut views on all active, worth-while issues—Oils, Mining and Industrials. A copy will be mailed FREE f you write TO-DAY! Write, Phone or Call for information on any security you are interested in You are welcome in my Board-Room HILTON By A2QNow St St. See ematl) | TORONTO COBALT TIMMINS BUFFALO ROCHESTER DETROIT = = | HNUNIIIINIINNINNIN, | Direct Private Wires to Canada and Aut Offices MUIINIIININIINI TELEPHONE SERVICE This is one of the features of my service to investors and traders. Quick action and every attention to all tele- phone inquiries. PHONE BROAD 6016 SUNDAY WORLD WANTS WORK MONDAY MORNING WONDERS, | aot