The evening world. Newspaper, June 10, 1919, Page 16

WALL STREET <ted during the forenoon but after midday sold off with Canadian Pacific showing pronounced weakness. and Gossip of To-Day’s | soutnern Pacitic Atchison and Iea- | ing ali lost slightly more than a point. Tobacco stocks were strong with American Sumatra taking the lead with an advance of 6 poin' je Products and United each showed gains of about 8 points. ‘Trading in the early afternoon be- }¢ame more animated with the reac- tion becoming more pronounced. Most lofthe popular trading issues with the lexception of American Sumatra lost | their early gaing and sentiment for # {time wan decidedly bearish. ‘The paper, food and leather stocks sid off, Contra Leather receding to 102 1-2, a toms of 33-4 points, The cop- pers were under pressure, but the professional element babar ak for de- ful There was a good demand for the metal, fairly large sales being reported at 171-2 In the last half hour good buying power soveloy trend was upward. Steel moved in a ‘marrow P pric ted by fs monthly tonnage statement, which shi Jarga decrease in unfilled orders. Call money remained In epite of the fact that the stock market has bad an almost uninter- rupted advance for more than four months, and that the rise most stocks had has been nothing short of fonal, an immense amount of confidence is being displayed regard- ing the future of security values, and any favorable news is immediately followed by the brisk marking up of stocks, Warnings of conservative brokers that the pace has been too fast, and that the money market will not permit @ further big bull demon- stration at this time pass unheeded. illustration of the] Southern Pucifie eagerness of the bull contingent to make capital out of favorable news was furnished yesterday in the case of Southern Pacific. tickers, im reporting United States Supreme Court decisions, printed the “Southern Pacific Wins ‘Without waiting the text of the decision bulls rushed to buy Southern Pacific stock, It jumped up about two points to 114 7-8, a new high . It was erroneo' posed that the decision was 1 famous oil lands case, which has long] been in dispute between the company and the Government, of the decision was read it was found that it concerned a case pending for about thirty years between the South- ern Pacific and the minority stock- holders of the old Houston & Texas Ry. The stock immediately declined TO-DAY'S PRICES , 1,943,300 shares. |itventer Range for day at Chicago: CORN , Market—Present and Fue Tigh. , Low.’ Chose, 1% 16TH 107% Total aales stool CLOSING STOCK QUOTATIONS / yr the most part prices were gon- ly lower during the morning #ea- and there was a disposition to . The market appeared to “waitng for a new lead before con- ‘Ginwing ite upward move. BEEBE: General Motors at one ig off 15 points, while Studebaker ed a loss of 4 points. were practically dj BANKING AND FINANCIAL. RP fF Union Pacific 8 Ee if THE SILVER ERA HE EYES OF THE FINAN- cial world are to-day focus- sed on silver. The precious white metal occupies a most command- ing position, cw to the fact that there exists Id demand which the decreasing pro- a of silver mines fails to HE COUNTRIES OF THE vast sinkholes for the jous white metal, are clamor- shied From all ty silver boom of the old- jioned kind ts rapidly develop- IT IS IMPORTANT TO REC- ognize that no new silver dis- tricts of importance have been discovered in many years. This S that avd efi] poatoy surplus juct ounce recovered will be ly absorbed. The mines of inited States and Canada pro- duce about 67% eal silver production of riTH THE ESTABLISH- ment of an unrestricted market, iver fithest to, $1086 ince, t! e in ven and international edt agree that silver prol ly wil command at et ane some authoritative circles it 3 forecent that silver may rise to ity with gold, or a 16 to1 10. IE SILVER STOCKS ARE the big purchases of the is that the issues bo still woe discount ity that Kies cirectly seme Pho $11,249,8 pt i ii i increase $430,221; "$15,202,198, inerease Atchison, Topeka & Santa Fe, reg- mon, payable June 30. | 3 a } if j WH i i ; i ba) 2255 223 4 FULTON ST., Cor. of BRIDGE ST. At Hoyt St. Subway Station, Brooklyn One of the news REMARKABLE SALE—WEDNESDAY 9.42, off .08; Ist 48 6.32, off 94.30, off .04; Ist 41-48 95.76, 4 4 1-4e 94.84, off 14 ‘When the text OILS ON THE CURB. Opened steady, Boston Wyoming, Oll, 16-16 1-4; Victoria Oil, 2 1-2— MT; Ventu Galt, 63-42 1- 2 84; Merritt Oi), 29 1-4—29 3- Ref., 186—168; Houston Oll. 1 1-8—8; Tex. Ken., 5—6 1- Cities Ser, Bank Shares, 38 3-4—1-8 Cosden, 11 3-413; Boone Oil, 19-13 Another iMustration of the exuber- ance of the bull contingent was fur- nished by the Coppers, It had been almost everywhere expected that the porphyry compantes would maintain the current rato of dividends at their/59 1 meeting yesterday. the news came that disbursements had not been cut, Chino weme up 4 points, Utah Copper 41-8 American Smelting about 2 points and other leading Coppers about two . An added influence was the ghnouncement that the price of cop- per metal had been advanced to 17 1-2 cents per pound, and predictions that the metal will be selling at 20 cents within the next month or so are being taken more seriously. A_ SPECIA beh Y PREPARED letter sae ici ‘will “be ime, ly upon request My office is hea inf ver stocks. Prompt and courteous attention However, when|} ? 8 14-8 1-2; Savoy Oil, 911; 30-80 1-2; Western States, Noon prices were q 7. Midwest, 184—1 Prices at 2 P. eit “etek 69—69 1-2 M. were irremilar, A Chicago newspaper says Libby, Mc- Nell @ Libby financing ‘s likely to come in the near future; of a readjustment of present capitalisa- aa AP Of Washable Satin and Crepe de Chine. Handsomely trimmed with laces. ‘At a meeting of the directors of the Chicago, Rock Island, & Paciflo Rail- way fo-day no action was taken on preferred divigend Opened steady. Aetna, 10 1-4 Wright- Martin, 52-46) Brit.-Amer. | BANKING AND FINANCIAL. Philip Morris, 37-84) Full fashioned or back seam style, of fine silk thread, in white, black or Cordovan. Just Out! Broker’s Handbook NVESTORS and traders about to take advantage of the many profit op- portunities on the New York Curb Market will want this free vest pocket guide. gives high and low levels for May and all of last year; par, capital and dividend rates for more than 800 securities traded in the New York Curb Market, and the Boston, Toronto, San Francisco, Salt Lake and Los Angeles exchanges. Those Interested in The Great Oil and Silver Booms will find this booklet very helpful. There are nine facts on every line of it. randa pages, commission, rates. FREE to investors Noon prices quiet but steady. tercontinental Rubber 26, off 2. touching 18 Boat eased off to 166- but later camo back to 171-4, Wright- | Martin, 5 3-8—5 8- NEW DEPARTMENT WOMEN'S SURF SATIN © BATHING SUITS 31-6—$ 1-4 United Profits, t, continental Rubber, 26 3-4 Also contains memo- STERL'S UNFILLED TONNAGE. Unfilled tonnage Call, ‘phone or write for Booklet No. E.W. 483 JONES & BAKER SECURITIES showed 4 decrease of 518,375 tons compared with April 30, it was an- nounced to-day. The May figures wert 282,310, On May 81, 1918, they were 23, edgings and trimmings. One model has inverted pleating. 50 Broad St. Introductory Special Tel. Broad 2910 505 Fifth Ave, Tel, Murray Hut 7120 ‘Call, mixed colla! eral, lending and renewing at 6; all industrial 61-2 per | NEW YORK Direct Private Wires owt to Sub-Treasury yester y vinge Friday $1,608,000. Lire strong, ohecks rising to 7.85 | and cables 7.8%. Francs were also! _THE EVENING WORLD, TUESDAY, JUNE 10, 1919. ulas semi-annual 21-2 per cent., pay- able Aug. 1, Missoun Pacific, for year 1918, be- fore dividends: Net income, $1,860,952, \ often ad 104 for 1917, a decrease Southern, Pacific System — April, Bross, $16,675,187, incr $705,622; balance after tax $1,462,068, decrease 22,528; net operating income $1,- g3,t47,406: four He inorease, : x $6, oe 160% & 160% 406, decrease 87, oan, net iy, en SIN income $5,897,282, decrease $7,673, Tet. DIVIDENDS. Famous Players-Lasky Corpora- tion's quarterly dividend of $2, This is an increase of 60 cents over pre- vious quarterly. Dividend is payable July 1. St. Louis, Rocky Mountain and i | Pacific declared regular quarterly div- idend of 11-4 per cent. on preferred Flieh, ‘ stock, payable June 30. 2 8s SB Canadian Car and Foundry Com- 7 Regular quarterly dividend of per cent. on preferred stock, payable Jaly 10. money. EARNINGS, National Cloak & Suit Company— payment. Reguide quarteriy of 11-4 per cent, pay for furniture on credit. common, payable July 15. made on presentation of i $920,792 Lamy eee trust A pa of Guar. | vantage—you find the best |, increase , oper: ant iat Compan: pe erease| Standard Safe Deposit Co, regular known makes of real good obtainable on quarterty of 3 1-2 per cent. aameall| furni Coast Company — April| June 30. hy gOS $430,268, decrease $11,843; ten| United Fruit Co. regular quarterly Spear’s $4,615,022, decrease | of. per share, payable July 15. Rye eo regular quar.) of 1 1-2 per cent on preferred | Company's sales— 8 80. Brake Shoe & Fy Co., of 3 per cent on preferred and 1 3-4 per cent on com-: S euaeaaeiannaEiee CA 22-24-26 West 34th St 6th Ave., at 16th St Summer Store Hours: 9 A. M. to 5.30 P. M. A) When you furnish a home “Upstairs and Down,” it ordinarily re- quires a large outlay of If you open a Credit Account at Spear's, it requires only a small per- centage of the total as first Most people complete, See Our Summer Bungalow, Breakfast Room, Living Room, Bedroom and Dining Room Furniture for ‘Upstairs and cf rhe has ting trustees of Ameri- That enables them to re- tames $2,826,769, decrease | Can ing Company have declared " " net operating income $?,.|Dartial dividend of $30 a share on out- tain their savings. $1,028, fe preferred stock. Pay- Spear’s you have this ad- mmer YOU WILL wrnitere WANT Reed, wicker and fibre reed furniture of every description for sun parlor, porch and lawn. Fibre pom) Rocker and Armchair in cream shellac, with loose cushion, cretonne covered seat and eretonne back, ; Fibre reed Fern Stand in cream shellac, metal lined fernery, with self-watering device, Fibre reed Rocker and Armchair, cream shellac finish, hi Fibre reed Rocker in cream shellac finish, $5.95 | Porch Rocker, nagural finish, $1.95 We invite special attention to the display of wicker furniture in French gray , blue gray, mahogany, tan and Baronial brown; both plain and upholstered in fancy eretonne. Prices are strikingly attractive. Cleverly conceived modes for Summer of fine pink silk, with elastic top, special bon- ing. Medium or girdle effect. Very Special, 2:85 IMPORTANT REDUCTIONS SILK CAMISOLES unusvat == 5 ngewas Values EXCEPTIONAL OFFERING PURE SILK HOSE can Rerutory — B5¢Reruary You whio ses are nervou: ritable; who are bpd to me oe A host of dainty new styles of “ied get oe fine surf satin, with contrasting tained et your strength 5.00 SATIN & BROCADE, || SOU Rie CORSETS Seek tees noes Liberal Credit Terms. The Suite THREE-PIECE OUTFIT; Greenpoint Ivory Bed, Spring and Mattress. All i THREE-PIECE BRASS BED OUTFIT Bed, Spring and Mattress.......... $42.50 ENGLANDER DOUBLE DAY-BED In Ivory Enamel, Mahogany or American Walnut finish: opens to full size double bed. Complete with Englander Link Spring and Imperial Roll-Edge Mattress. Taffeta Cre- tonne Covering, Pillows and Bolster Bits Four-Piece William and Mary Period Dining Suite in American Walnut. Buffet, 48-inch Dining Table, with 6-4ft. extension, China Closet, with drawer in base drawer Serving Table (Chairs Extra) COLD STORAGEREFRIGERATORS Contain many exclusive features not to be found in any other refrigerator. Used and Indorsed by the United States Government bey in New Nene ind swinging doors, Glew: opD eee AND CHIFFO- American wie a fees dato toes. oak $1978 GOLDENOAK 4 COLONIAL covered in Gen. uine Spanich leather, $29.75 75 TOP ICER—26 in. wide, SIDE, ICER—31/ in. wide af Uf in deep, $2in HOl 9 A.M, to 5.30 P.M IGet Rid of That Stops PAIN . away'’s cough or cold, th fT $1.50 bottles from druggists, on from DYSENTERY ECKMAN I ABORATORY, Done one-half teaspoonful fr IF YOUR STOMACH IS UPSET NOTHING IN LIFE SEEMS RIGHT USE We icestive ReGL IEN you goon your vaca- tion this Summer have your favorite paper mailed to you every day, Evening World, 19¢ ger week trea, takent eke , ares Gene a iy Dhar nals wil STORY engumece le tore ote an savert 403, World Bulldine will for ihirty days, og World, Gc per Sunday sulmoribe now for a week or an: Brooklyn Office, "$36.70 3.75 SIX Persistent Cough that weakening, persistent treatening throat or » with Eckman’s Al- onic and up-builder of - iecessful use, 80 and Philadelphia, ost and Found” artistes ain The World or and Found Bureau Rowe adver tive) Ise at'any of The Won 4 Agencies, or honed’ directly: to Phe “Wort, 4900 Beekman. Now York. or 0 Main,