The evening world. Newspaper, June 11, 1919, Page 14

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the big bull campaign that has been ’ going on, were most susceptible to selling pressure, General Motors, fol- ; and Gossip of To-Day’s owing itx sharp break of yeetenday, Y Market—Present and Fue {snowed a turther tom of 7 points, A ture Prices, | Studabaker declined 6 points, Kelly- — | Springfield Tire 4 points and other motor and tire shares foll off sharply Fears as to money conditions again| The decline in all stocks was led by ninated stock price movements in Texas Company, which fell off more “g market. After a show of than 5 points. Other Oil shares, with at the opening the market the exception of Royg! Dutch, declined away rather easily and specialties from 2 to 8 points. d declines ranging from 2 to 7) However, call money was obtainable ints. at 6 per cent. for mixed collateral and Motor, rubber and oi! stocks, which | at 61-2 per cent. for straight indus- Wwe been conspicuous favorites im trial collateral, Most renewals were made at these figures. This some- what heartened the bull contingent, and by mid-day early losses were partly regained. Throughout the session Tobacco stocks were conspicuous for their strength. Rumors are everywhere heard that there will be a big con- solidation which will result in import- Nt benefits to holders of stock in the United Cigar Stores Company, .he ‘Tcfacco Products Company and the American Sumatra Company. Those issuen were aggressively bought to- day and gained from 8 to ¢ points, Even the standard iasues, which have not been subjected to an ex- tensive speculative campaign, played considerable nervousne: Steel went as low as 106 3-4, a decline of two points from yesterday's close, and other steel shares declined in sympathy. Sentiment regarding the steel issues hag been somewhat de- pressed on account of the poor un- filled tonnage statement issued by the Steel Corporation yesterday. In connection with the large decrease in tonnage shown by this statement, it should be recognised that the corpo- ration has increased the output of its mills about 10 or 15 per cent, dur- ing the past month which did much to offvet the increase in business re- ceived, Bulls on railroad shares received a considerable jolt when the Railroad Administration refused to permit the Rook Island to continue dividends be- cause the company needs to conserve its funds for maintenance purposes. There is considerable speculation as to how many other companies may ‘be subjecta to same ruling. Leading railroad shares to-day showed de- clines ranging from 1 to 2 points. The market continued to display a nervous tone to the end of the ses- sion, Publicity regarding the ap- “BANKING AND FINANCIAL, peethyen on ON Pe fs t . i a agi : Ml i i 3 u fi 3 = af e é < parent seriousness of the money mar- ket seemed to act as @ partial check on public enthusiasm and trading w: not near; S 5 8 3 z yas active as yesterda the long string of million- remained unbroken, Although warnings have been re- j te = EVEL UE Oy % out the stock swindling evil. Many jthousands of Liberty bondholders | jhave exchanged their bonds fe Worthless securities, Many more| thousand holders of Liberty bonds, lured by stories of fortunes being jmade in the market, are obtaining speculations by placing their bonds in banks as collateral against loans. It is being intimated that the Re- serve Bank will adopt other means to check this procedure, although no one in auth remedy wiil be found to lie. Another cause for nervousness on| the part of stock market manipulaticn | is the increasing Ughtness of the| money market. With call rates now touching 9 per cent. or a higher mark each day, it is realized that a continu- ation of unwarranted pyrotechnical market movements involves consider- Able danger to their originators, Bankers aod conservative brokers have repeatedly warned their clients that the time had arrived when yn- usual discretion should be exercised in purchasing stocks, but these warn- ings have for the most part gone unheeded, It has been the experience of several prominent brokers that stop-lons orders and weakly mar- gined accounts. WIFE SUES BUSHMAN FOR $9,818 ALIMONY Also Obtains Attachment Against Property Moved From Balti- _ more by Film Star. Josephine F, Bushman, who divorced Francis X, Bushman, star, to-day, Dewan sult against him for $9,818.04 unpaid alimony, including & $1,000 claim for unpaid counsel fees, Mrs, Bushman also obtained from Jus- tice Tierney an attachment against Property recently removed by Bushman from Baltimore to this city. * The nature of this property ts re- vealed in @ printed announcement of an art dealer that “costly antiques and a8 a is a peatedly given that the headlong speculation in the stock market was distasteful to Treasury Depart- ment and Reserve Bank officials, the announcement that district Reserve Banks have been instructed to qon- duct investigation as to the under- lying cause of such heavy bank bor- rowings by Liberty Bond holders ‘comes as a shock to stock market manipulators. Various constructions have been placed on the Reserve Banks order, and the byll contingent do not know what next to expect. The investig: tion, however, is not unrelated to the campaign now being waged by the District Attorney's office to stamp z' S : 3% H I a F H ist z er$i i i! modern art furnishing,” worth $160,000, from the homes of Francia X. Bushnian, Brush Manor and Ridgewood, Baiti- more, are to be dieposed of. According to Mrs. Bushman's affi- davit, the @o0ds were removed from jaltimore to this city to defraud the actor's creditors, of whom she is one. penne eeanaeatahs Internea Germ: Bapelled From Spain, MADRID, June 11.—Forty-two Ger- mana who lived in Barcelona d@uring the war and ultimately were interned, have been expelled from Spain be- cause of theit having taken part in the recent strikes in Barcelona, The arty has been handed over to the rench authorities for transport to Germany later, BANKING AND FINANCIA |funds for purposes of stock market) y can now state whore the | Am. motion picture | 3d \Int. Cont. Rub., 26 1-2, up 1-4; Boat, 17, ap 1-2. STEEL HAS 74011 COMMON STOCKHOLDERS. Holders of United Staten Steel common stock of record May 29, when the books closed for the June dividend, numbered 74,071, against 76,018 in the previous quarter and 72,179 at the end of November, This ‘is the first time in two years that e humber of holders of Little Steel has & docline. In May, 1917, 42,842 stockholders were recorded. They increased to 44,789 in the third ; quarter and 51,689 in the final quar. ter of that year, Holders of Steel TO-DAY'S PRICES Total sales stocks 1,400,500 shares. CLOSING QUOTATIONS. Kennerott Coywer.. it ing Company hax advanced the price they have lost valuable customers| Kenmot Covoer.. ars wlof shipment lead from 6.% to 540 by giving such advice, It is due to the {saree ear. 0 ‘| New York. Present public speculative mood tit | sie, Marine my * mares Jonly suggestions as to buying are ec-| Met, Marine pt... 119% % NEY. pec and it seems pont most Metican Petroleum. 187% a Call, mixed, collateral, lending and cases the flimsiest tip is instantly “Oal Oe * [renewing at 6 per cent.; all industrisis * es 6 1-2 per cent. Atte ae * bene ra nal. ped} on 8 | Néar the close call money, mixed rday's market action, in the} x" y° O°") 1% % [collateral &; Ind., 9 per cent, opinion of good judges, uncovered | Northern Pacific ry «| Banks gained from Sub-Treasury the weakness of its inside or tech-|Vennaylvania HK, 40% 1 | yesterday ,000; since Friday nical position. Those judges state] is & Won ve. se atl histor hat intimations of the Reserve | ase. er Ptr : Daher w ni ‘s i. “ 1-2 c at lntimations of the | Reserve! ep, te # R]_ Sterling demand 4621-2, cables caused such wnsottioment had not |Sewbern Pecific,.. 100% bem Geet bt-pec te compen hated gg the market been honeyoombed with |@vutan # ’ 6.43; lire demand 7.87, cables 7.8 Go, 108 \% —2%| guilders demand 39, cables 391 7 27% —1 | Swiss cables ; Peseta cables 19.90; 10% 108 + 2% | Stockholm cables 26.80. Union Peeifio, ... mh 184 % U. & Ind, Ato. we ~4y- * UA, Buber me OH — 1% Us. Beant 100% 1084 — U. &, Stew of 116% 10% + % at Corer oe, + Ie Wet ko & M OY OTK NK LIBERTY BONDS. 31-28, 99. off 0.08; Ist 4s, 95.10, 0.20; 24 4s, 93.80, off 0.40; let 41 98; Victory 4 100.02 off 2. - ere de ols ON TRE CURB, Opened steady. Sinclair Guilt 62, Midwest Refining 181 to 182; Merritt 291-4 to 30; Houston 120 to 128, . Amalgamated Royalty 11-4 to 11-2, Boone Ol! 111-4 to 113-4, Barnett Oll 1-4 to 5-16, Commonwealth Pe- | troleum 51 to 59 7-8, Cosden 111-2 to 118-4, Cities Service Bank Shares 883-4 to 39, Salt Creek 583-4 to 591-2, Victoria Oll 21-2 to 23-4, Queen Oll 3 to 15, Boston-Wyoming 59 40 61, Glenrock Oil 65-8 to 638-4, Island Oil 75-8 to 77-8, Elk Basin 10 to 101-2, Federal Oll 33-8 to 31-2, Hudson Oil 16-8 to 17-8, Louisiana Oil 38 to 42, Omar Ol! 63 to 66, Ranger 1-8 tod, Sapulpa 81-8 to 8 ) Savoy Oil 9 to 11, Stanton Oil 13-8 to 11-2. International Petroleum 291-2 to 80. Western States 71-4 to 7 T- Oll 15 to 151-2. prices easier. ; Amal. Royalty, 1 1-4—1 waste BANKING AND FINANCIAL, een erence an enn Vanishing Ameri- can Silver Dollars! undred million they have been melted down so that we could supply silver bullion to Allies. =—ivay maast be replaced by Over 20,000 Acr silver purchased above $1 means Dividends 3 per analyzes the position of Curb Silvers. Get your before they're ail gone, Ask SCHMIDT & DEERY Members Consolidated Stock Exchange of N. Y. 35 wells, practically Another refinery PRESIDE: WIRES JU. J Livingston Oil Traded in on the New York Curb Texas and Oklahorha. Gasoline Absorption Refinery. Large Production and Earni: Development showing up to 2,500 barrels and over. in the Burkburnett Field. EIGHTH TO THE EF- cent. deanae. offsets, to be drilled. under construction K, LIVINGSTON . Creek, 68—59; Isl, Oll, 61-8— 1-4; Since, Gulf, 61—1.2; Since. Con, 49—61; Ventura, 15—1-2; Int. Pete, 29—30; Com. Pete, 68 1-2—69 1-3. 1.30 P, M. Market quiet and heavy. Pennok Oil, 15—1-4; Amal, Royalty 11-4—1-2; Int. Pet, 2>—8-4; Sinclair Gulf 60 3-4—61 1-2; Sinclair Con. Vil 491-2--60; Commonwealth Pet, 591-4 691-2; Ryan Ol 61-4-61-2; Ven- tura Oil 143-4—15 1-4; Cosden 11 1-8— 11 3-8. Tux cunn. Opened steady, Inter, Cont, Rubber 26, off 1-4; Tobacco Products rights w. 1, 13, up 1; Aetna, 101-410 8-4; British-American Tobacco Corpora- ton, 221-2231 Registered, 211-3 —23; Wright-Martin, 61, Contl. Candy, 171-8; Curt! 15—20; Eureka, 15-¢—13. Boston Mont, 4—i1; Savold Tire, 58—4¢ B 1-2—5. Caledonia, 38—4 Cal. yet 9 3-4—7-1 E Cons. Magma, 37—2! Hecla, 6 1-4—6 1-2; 5-8—3-4; New York Ship- 46; Perfection Ti 8; Swift Int. 61—6 marine, 161-2—17 1D, #81 —4 1-8; Cresson Gold, 41 Golden Gat Hupp Motor, 9 8-@—-# 5-8. More than fecommend Nature of it are used every year. More than ov: © consumed every day. GRAIN. Range for day at Chicago: OORN, . ue & ue + Corn, Sily, op 1toi1 iy Septertber up 11-8 to 13-8; December, up 11-4 to . Oats, July, wp 1 to 1 1-1 tember, up 7-8 to 1. Sep- °. | n an. % | preferred in May numbered 79,115, lm Ghent. ae | against 80,344 three months previous, ‘, lantaiite rin % | 0,120 in November and 80,065 in May. |} fin, & fet... O44 %| The aggregate number of holders |” Am. Tel, & T. Co, 108% % of both classes of stock at last clos- Anaconda Mining 8% %|in@ of the books was 158,133, About ALT. & 6. F.... 100 | 21,000 persona, however, held both Au, Gut & W. 1. 179 % {common and preferred so that tho Baldwin Locomotive. 101 % (actual number of Steel Corporation's Bak, & Uti ay 1% | stookhok exclusive of duplica- Math, Gian Botte. 00% 1% | tion were approximately 132,000. ook, Tan, Tram.. J0% — PARNINGS. tal, eins an 4 é Rp tre AND LEAD. Canadian Pacific: First week June, ural Lamar... 108% Copper continues,to firm up. Some | $2,957,000; increase, $111,000; trom aeae.. we "S| big sellers are asking 18 cents a pound | Jan. 1, $64,784,000; increase, $8,753,000, Ch, Mi, & P.O S’ Seaiths soiams Bub A Tene Interstate Commerce Commission's rt 8 aise Conner 3 S| pooked at these prices. compilation of earnings of 184 rail- Cnsfole feet Py 41, Sellers omphawize the fact that the | fds and 17 switching and terminal » tana omer 4 | tone of the market Is getting stronger A Gea, Motor Oo... Sut | daily, There ie a substantial demand ine., Mn Gt, Mor, Gt UT 4 | for forward shipment, but export in- | 735,062; 4: 4, Now, Ore | Quiries are light. The major part of | $26,116,214; Inmpleation (niger. 6 % | business transacted is for domestic | months total Antebgro Con 1% 4 | Scoount. in Intervore Con, i4.. ab The American Smeiting and Refin- dec., $7! $65,916,807; dec, $76,084,826, Railroads earned $123 per mile for April. The Government guarantee ts stated at $201 per mil Gaston, Williams Wigmore, yoar ended April 80, 1919—Net income after taxes and char; $1,262,401, equal to on capital stock, against net income of $1,298,487, or $4.32 a share, earned in the previ- ous year, DIVIDENDS, Certain-Teed Products — Regular quarterly dividends o¢ 13-4 per cent. on first and second preferred stocks, payable July 1. quarterly of 1 per cont. on common and 13-4 per cent. on preferred, both payable July 15. United Shoe Machinery Corporation, that is left. nou! ey Ss Ps FAA STS "s Remedy (M Tablets] does more than a = more . es, N Tablets Are Guaranteed thousand druggists the country over Remedy [Nt Tablets] and sell it with the understanding that it must give relief, must benefit and satiafy every person who buys it, or money beck. You roy ll the slightest risk in trying it. Five ann tees Tablets + [wae elected To-morrow Alright Does each day seem ‘bright to you-- Do you meet each new problem with confidence that it, or is your mind too sluggish to take hold of it? ‘ of whether your bodily organs are performing their functions with per- fect precision. To live and be healthy, your body must perform three functions ---digest food, extract nourishment from it, and throw off the regular quarterly of 11-2 per cent. on[with the Presidency of the Con: preferred st nd $1.50 a share on|7 1s action was taken, because 0} common, able July manner in which the Government had Cn Ce Cee Be beat conducted the recent election. terly 11-4 per cent., preferred, pay- able July 21. Mahoning Coa! R. R., regular semi- annual of 21-2 per cent, or $1.25 « usual quar- share, on preferred stock and 10 cent., or $5 a share, on common stock and an extra dividend of $15 a share on common. 4 erchants’ Despatch Traneporta tion, quarterly of 21-2 per ct pay- \ able June 80, \Ull /, VA Canada Southern, regular xemi- annual 11-2 per cent. payable Aug. 1 Toronto, Hamilton & Buffalo, regu- lar quarterly of 11-2 per cent., pay- able July 1. Detroit River Tunnel Company, reg- ular semi-annual of 8 per cent., pay- able July 15. NOTRS. Hubert T. Parsons has been slected President of the Woolworth Company to succeed the late F. W. Woolworth. ©. 8. Woolworth, brother of the founder, chairman of the board. Three new ditectorships were filled Arthur Sachs of Gold. Sacht &@ Co, Walter Cook of esentative of estate of late nox, former Woolworth Vice and’ R. W. Weber, manager Sothpany’s San Franciaco digtrict Valentine was elected Secretary T succeeding Mr, Parsons oMce. Other officers were re- a lected At a stockholders’ meeting of the ‘White Motor Com| iY, an increase in Phe capital stock from, $16,000,000 to $20,000,000 was authorize Ti EO dns BERGER INQUIRY TAKEN UP. WASHINGTON, June 11.—Investiga- tion of the right of Victor Berger, Mil- waukee Socialist, to @ seat in Congress began to-day before the House Elec- tions Committee. Lawyers who nded Berger during the Chicago trial which he was con- victed of viola the Beplonage Act | chase will represent him. Attorneys who con- | an’, ducted the prosecution probably will be | ones. asked to be witnesses, Berger statement declared that unseatl would be the denial of the right of self determination to the voters of his district. a) Spanish Radicals Refuse Congress Ponta. MADRID, June 11.—Leadors of the Liberal and Radical Parties have de- cided to refuse any posts connected to work in? can overcome all a question to live i its thing has somnet “gone one oF more of Nature's three processes! BRAIN FAG SLEEPLESSNESS BILIOUS ATTACKS FEELING A TIRED PAING IN THE STOMACH NERVOUSNESS CONSTIPATION Lose OF ENERGY SALLOW COMPLEXION DISTRESS AFTER EATING POOR Loess OF WEIGHT FERMENTATION OF FOOD There’s A Perfect Remedy For These Disorders digestive te is safe, p harmless, iption has aie ll of the chres ettal precoscen, ligestive and steinatioe Pid reas strengthens action, builds vita pag Be and guards you against elief will come quickly and with it genuine, lasting, benefit, Serene, au no griping, poanenies pains, Nature's Remedy [Nt Tablets ] works promptly and thoroughly, but the action is gentle, mild and soothing. ‘The real benefit comes through the action of Nature's Remedy on not only the liver, but on the whole digestive and eliminative system —the stomach, the bowels and even on the kkineys. Why WN Helps Rheumatism pro- jisease. Rheumatiam — due vo some interference with the process of elimifation — faiture 10 get rid of certain body poisons — cannot be expected to yield to any medicine that fails to correct the condition responsible for it. ‘Think of this, It explains the success of Nature’s Remedy [NI Tablets } in so many cases where other medicines have failed. Thoosands are using Wt Tablets every day and getting relief, Why pay five or ten times as mach for uncertain things? Try Nature's Remedy— money back if you wish it Beware of Constipation One of the work!’s Scientists says that more than 90% of ell human ills can be traced directly or indirectly to constipation. Can you afford to take chances with constipation? Why not begin today and tke Nature's Remedy [NR Tablets} each night for a week or so, oul Your stomach, liver, bowels and kidneys are sufficiently strengthened to carry bn the process of digestion and elimination unaided? You'll feel « lot beuer for it and youl find yourself in better physical condition than you've been mitly, VECT THAT NUMBER ONE COWETA WELL HAS COME IN SHOWING ‘TWENTY-FIVE BARRELS AT SEVEN HUNDRED FEET, DRILLING OFFSET TO THIS WELL TO DEEPER “PAY” NUMBER TWO BEGGS WELL WHICH SETS FIFTEEN HUNDRED BAR- REL TURMAN WELL IS DOWN TWO ‘THOUSAND FEET. SHOULD BE IN THE “PAY” IN TEN DAYS. NUMBER ONE BEGGS HAS CROOKED HOLE. WILL DRILL IN WITHIN FEW DAYS. Noon p easier, Boat, 161 i Nat. Chalmers, 12 1-4—12 Rubber, Submarine Coal, 78—19; Silver Stocks (ta! pate aad png higher market levels. Ode tatest report tele why sliver stocks Should Sell Much Higher and covers many of the leading silver p.oducing companies, WM For Your Stomach Trouble i neglect the process of the body mechanism, the TYecomes clogged with trouble-making Impurities. Food continually taken into the rebellions stomach, sours, decays and passes into the inactive bowels where it packs and obstructs the passage. Under such conditions the purest and most wholesome of feod may be converted into dangerous, disease-breeding poison. Natare’s Remedy builds up and strengthens the digestive organs, brings back a 8, Causes the food to digest, helps convert it into nourishment for all the body and promotes healthy, regular owe! action which promptly throws off the waste. Take M For Biliousness Since billows attacks, sick headaches, etc., are in the great majority of rket quiet and dull. itores W. I, 78 1-2—79; Savold Tire, 571 9; Chalmers Mo- tors 93-4—101-4; Contl, Candy 71-8; | t 161-4—17; Intercont, Copy 8 90 Free on Request. Chas. A, Stoneham & Co H . Ni ‘e Re ‘acts promptly, thoroughly, yet so For further particulars regarding above Cor- | enaes ane, ve Geneess, Yankee, yeu can't expect to obtels real or lasing ner aor ‘bink ‘Natore eee, ie work. "When, you 4 straightened poration, reference is made to R. G. Dun & Co. |. et —— Woy Ti pea feel a sick headache and a out and feel just right again you need not take medicine every day — an Bremirest @ Ch ant ay bent & Toke, ONS: | ion ge sing foe prosaing yur tier with dangerene camel canned WA, Mit Reminder, oping wel ane and cheaper | las] with strong, irritating purgat tout your fn boas of Descriptive Circular on Request, | Saad, guate-acting WA Tablew and ako cos right of youll vee the than getting Get a 26, box ‘your druggist. ‘Wt The Best Laxative < C.D.Kuare da.aCo. Dally World, "180 por wook The Best Laxative yy Ay Investrent Brokers Sunday TO-NIGHT-— Toniorrow Alrigh Cet a25° Box Sincer BunpwG = New York Tel, Cortland 2549-45, 8278-45 thal wd consider to be relighla sudertiaten somk MLN ARES NRT ARNE AIH bad 218 ANA Olle ate. athe or The 4

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