The evening world. Newspaper, June 20, 1919, Page 20

20 BIGGER AR FUNDS | ~ AND ADD OOO ARK Committees Raise Naval Avia- tion Total to $35,000,000 and Military to $75,000,000, WASHINGTON, June —Action THE EVENING WORLD |Manhattan Bridge Too Low for Graf Waldersee; TORS FAVOR r Tranapork 4 “Masts Bhtiaped OF in Collision fact that the transport was unloaded the topmasts of the vessel coula not elear the roadway of the bridge apped off. The photo shows the vessel | gotiateral and 5 1-2 per cent, for in- just as the accident happened. dustriq) collateral, This more or loss unexpected ease in money materially stimulated the forward movement in Eby Kenate commitioes to-day Indi-} 1) ented that appropriations for army © | and navy aviation would be shar; iv] S\ | Mereased over House totals in the 4 @nnual appropriation bilis as they + ‘will be presented to the Senate, | 4 ‘Witt few dissenting votes, the full} 4 Naval Committee decided to recom- ” mehd an increase of the House ap- 4 Prepriation of $15,000,000 to $26,000,000, F fie urged by Secretary Daniels, while Pi 4 Sub-committee of the military Com- ‘ 4 mRtee voted to recommend an in- = “e: | @rease for varmy aviation from $18,000,000 to $75,000,000, Ss Appropriations approximating $900,- When the transport Graf Waldersee was being va 000,000 for the army im 1920, instead | towed to the Brooklyn Navy Yard yesterday for re bs, ‘Of $731,000,000 us voted by the House,| pairs as the result of her recent collision and ground | Were recommended by the military! ing she had a peculiar accident While passing under F Mb-committec. The revised draft.) tno Manhattan Bridge. Owing to the high tide and the : sing an average army of 400,000 4 Meh instcad of 300,000 approved by BP * the Mouse will be considered by the | PY the sub committee are _ {oR committec later Allowing aviation officers travel pay 4 for trips’ by air. Among the other changes approved Doubling House $350,000 for intetlige Apropriation of $982,000 for pur- chase of Curtins Elmwood airplane plant, Buffalo, N. Y.; $8,260,000 for purchase of Dayton-Wright airplane factory, Duyton, Ohio; $3,500,000 for purchase of dirigible landing field site} and construction of hangars in Bur- | legion County, New f DeRTH or 2 : nitty Piece RES fll vee win Reawevil fying Ad, Ban i, Sliver ane Porveialn J Dy Cal. Made at | easénable Prices eae Sek leaned. Broke: Fopaired while you watt, J orrices | dead iq France, ye emergency. All prices cut to sell out—big dis- eats to. get bee > eur : money % 25 alae AMERICAN WHISK! & Ettecttités ESSESESESESESSES i EES GSEEESEEERSSEESE & ste Pett 77 : tt iti i 0.58 mee 7.00 . 8.08 an tenants do not give the home a@- Ireswes of the lahdlords, so the eom- nittee, in inviting the landlord to ap- pear before it, sends its communion+ tion in care of the superintendent or janitor of the premised occupied by the tenants, In many cases the jan- tors refuse to receive any commruni- Jon bearing the return card of the committee and the communications are yeturned as Undeliverabte, Another scheme on the part of prot- iteering landlords is not fo Increase] Oe topacoo, chemical, motor, rub- Her and metal shares ali joined in the them to vacate under plea OC] growing. Gains ranged from # to 5 making alterations, and then get thé! points, and it was a quiet conspicu- increased rent from new tenants] oyg fact that little profit taking of moment developed as tho rise pro- TRICKY LANDLORDS | TRY MANY SCHEMES TO EVADE WQURY Mayors Committee Learns | How Profiteers Dodge Eve- ning World Publicity. rents of present tenants. but to er- Struck out provisions to pay cost of | | Bringing home bodies of American | without making the alterations, In severa instances landlords who have been asked to appear bofore the committee have instead sent in writ-|aecount of themeecives, with Texas ten statements more or fess to the! pacity bethg the point rather than answer the ques- Allow $1,860,000 for welfare service | jat poms and barracks movies, libraries, «o, 2 E. 125th St. |169 E. 34th Se, Bmergency offvers wounded in war & B Cer, 6th Ave |. W. Cor. 86 aye, Jo be pl on retired list of Regular “Army, Navy or Marine wance, | MRR eimergency omcere worving in war appointed to the reserve corps | Az SR etven eaperve vanes, ual to or higher than the grade held during ‘The Mayor's Committee on Ron’ | Profiteering reports that many land- fords whose tenants complain of un- reasonable rent increases resort to a variety of schemes for evading in- vestigation by the committee and es- the consequent which The Evening World gives to tee turns the matter ever to Com- he complaining recently Charged their landlord, Her- man Herst, Tne., of No. 183 Third Ave-| ports, aparently based on nue, With “terrible profiteering.” To-| authority, that steel company day the Mayor's Committee recelyed| ings are now showing a large incréase @ letter signed Kmil Herst, saying the} over May and April, and that the charge was the result of a vengeful | margin of incoming | business would not reduction is gonstantly expanding x; aa req but ie Was suMivient to direct ageres- jf tt 1s absolutely Recessary he wil do | sive buying to the various steel issues with resultant gains arranging from |appear on Tuesda, no later, FOR THE CANNING SEASON Equalization Board Says There 1s] closed near highest of the day. Teere Is no shortage of sugar and no oceasion for an inerease in prtve profit. to have no fear of Due to the heavy demands ef the ean- ning season and the soft drink business, liveries are not equal to the deman ‘this will be remedied within two weeks, Warnings were given to the trade this danger but many small firms failed to lay in @ supply and are now unehje to get sugar quickly Food Administr&«|orease in earnings from export busi- y | ness following the signing of peace. ‘ing | Other food shares are being strongly bought on this theory. Wall Street] % oe dismisses as unworthy of serious consideration the cable despatches james McKinney, 41, an elevator op-| which set forth the possibility that tor, fell from the fourth fl the building at Nes Gol West daiee |ermany Might not, after all, sign into @) courtyard this ing and was inetaltly killed, Items with single star (8) ohty In cage, lots or & gallon and over auantitivs. A tion. Ss with double star pourht ThYtase Tots Jon @UANKItion OF over, rou! tion regulations are in effect and undue profiteering by grocers will ine and revokation of Hloonse, it was 10% Off 20% Off ORDER. QUICKLY! wn Duyers shor to Death From the Fourth Fleer, a B.C to cceamait after that BRANDIES AND GINS ot. Ome GOLDBERG ESTABLISHED SINCE 1847 Oven venings Ustil 8 o'Mlock, ss. N.Y Pu. Telephones Cheiece 9408-2460, i: 108 Ei Raa aS hthAve. 15 , by curt, eubwey, L end Hudson Tubs ture Prices, tive aotivity, Being devoted to food shares, apiouously strong, moved up of 8 points. particular it 40th Street | Mediate future. Mr, Herst said he one to more than two points, ——>——— In the late afternoon confirmation PLENTY OF SUGAR HERE of early reports that the Weimar Convention had decided to accept peace terms proffered by the Allied ‘era resulted in further aggressive ying of stocke and under leadership of the oils most No Occasion for Increas- ‘While the volume of trading on the ing the Price. Stock Exchange has quieted down mora- the peace pact. bathing suit don’t miss this opportunity. iH ne seers bay tet color, wel) tailored suit at this special price. ‘Athletic cut, navy and black. Special $4.95. Also Betre Hoawysoeight Men's Suits, $6.50 ‘ flexible sole, leather rimmed, g sitio 1% medium out for men, high out ior women. Athletic Knit Bathing Suits for Ladies, $7.50 up Bathing Caps, Medicine Balls, Suit Bags, etc. “Everything in Sporting Goede.” va STOCK QUOTATIONS. | Bank creditor, #630 News and Gossip of To-Day’s Market—Present and Pu- There was an abundance of favor- able financial news \-day, and the response of stock prices was all that the rampant,ull speculator could reasonably desire, The market gave the best demowstration of strength witnemed during the past two weeks, or since money conditions first began | gre to show thé strain of intense specula- ‘The chief governing Influence was the report from abroad that the G%r- mana had finally decided to aocept the Allied peace terms. Receipt of this cable was followed by a buying move- ment in which all classes of stocks participated, with special attention Also, Money conditions were @is- tinetly easier, Call rates in the early afternoon fell to 6 per cent, for mixed stooke, It is now generally antici- pated thet the bank statement to- morrow will show a comfortable and commodious surplus reserve, whore- ae thero was a deficit reported inst week, aad that the loan account will show considerable contraction. As has een stated, food shares wero in good demand and Cora Pro- ducts, which hae recently been con- 1%] Line, 1 0 : Dlinolg Pipe, 188 to] And charges, $1,376,371, against $2,493,- re * ne Mg" Line. 100 to 106; | 456 in 1917,’ Allowing for firet, pnd ey @% | Onto O11, $75 to Prairie Oll, 140| second preferred dividends, bal: ies eet. % | to 760; Prairie Pipe, 269 to'208° South | of $696,971 Is equal to $2.24 a share on wv, oN, Om %] Pennsylvania Oil, 318 to 323; Stan-|common stock, against 5.85 @ sare Puafic.., 7 We | dard Otl of California, 274 to 278; | in 1917. Ponsmivenia RR OM 66 OOK “| Standard Oll of Indiana, 770 to 78 DIVIDENDS. Pim & Wee Ye, ©%4% 460 40% S. O. An., 600 to 620; Standard Oll »f] U. 8. Industrial Alcohol Company “< “ «© Kentouls’, 48 to 460; Standard Oi)| regular quarterly 1 3-4 per c@mp pre- Rey, stent on % of New Jersey, 718 to 723: Standard| ferred, payable July 15. cn uy Ol of New York, 372 to 376; Union| Air Reduction Company regular Southern Pacifie, ... 107% 1 wis ‘Tank, 182 to 186; Standard Oi! Com- | quarterly of $1 a share on common Southern Railway... 304 20% am pany Subsidies, en bloc, 1750 B,; Old] stock, payable July 15. Suntedaxer Co 105 102% 1044 +1 | Stock, all on, 24688.; Galena Signal ~ Texas Company..... 2784 265 978 +22 JO! Company, preferred, old, 115 to Tobatco Products... 106% 104% 106% + 2 1195; preferred new, 105 to 110; aom- Coie Paine 1M Late 108 + 1] mon, 120 to 146. 4 ai U, 6, Indm, Aleobol 162% 150% 130% I o'clock prices quiet and generafy ing inaustrs . ner 48014 34 435. 42 [ateady, Comden, 111-8 to 11 1-4; Mid- y of the contre. 10% 106% 107% + west, 177 to 179; Merritt, 28 to 28 1- pl urning cargo A 10% 6% 116% — 4| Houston, 118 to 12%; Sinclair Gulf,| were sold by the U. 8. Shipping Board Utah Coppers... 68% 88% BS 44 | 581-2 to 59. to seven New York ship companies at Wer'youe h kM. 8% OOM OOK + Pricer at 2 P.M. heavy. Salt Creek, | Bricpa ranging from, $210 to $22 per 7 ome $ Merritt, 22-68 1-3; Com, Ft ernment to construct from $178 to ete <08 1-2: Sinclair Cone. 6608-81 | sige. por deadweight ton. “Apparently f t ing industry ts fa rs Ati aeta a fone peflod O'Srosperity’ which tab to new high record at 75 5-8, for a gain "s 8 1-88 99.82, up 02; Ist 48 96.00; ta 4 ide 04.18, Up .04; Bd 4 1-45 96.20, off ” 10; 4th 4 1-48 94.20, off .02; Victory | Hupp, 11—111- Loan 4 3-48 99.98, off 02; 3 3-48 100,04, me .02. als we a good Raliroad shares also gn Mexican Petroleum favored by large] 71 3-¢—%F1-2! Allied Packers, 66— | be‘ oll shipments and the practical clean. |661-2; Mureka, 15-8—1 7-87 Wright | preferred and common stocks of United ing up of the recent revolutionary + Heyden Ohem., 6 1: movement in Mexico is assuming its old piace as leader. Conti, Candy, This issue also made a new high for tons iikely to be put to them at alall time with an advance of more than mmit- | 8 poin' But this stock must now aay ally Io <r emaplbonedig “4 be clameee with the oils, for if reports from Texas can be believed the com- missioner of Accounts Hirshfield, who | pany's oll drilling operations in Texas uses bis power of subpoena and] have resulted in striking pay sand, reraphi iets Sooper thas ere whieh gives forth the promise e i a mr Authority to do, well will be brought in the im- Tenants ‘ot No oto “4 The apoculative clement still refuse to make large commitments in rat Oceasionally they are marked up to|Qaledonia, 40—49 give the gencral list a healthier tone, | §- particularly when a furious forward 4 t movement In industrials is going on, | StemmalalPy 2 Tee beh pay j when wer ecaditions prevailed but asa class the rails do not appeal] Y. Shipbuilding, 44—47. Ie YY blahed, best ire pur te We bin eee, 1 Srelock prices quiet, Imtoont, Ror. teal ed, regularly, our There fore widely circvfated re- Now considered doubtful if @n| 26 1-8 before recovering to 26 3-4. ering thoroughly and compre- increase in freight rates wil be al- E rm ie 11 Stores, hbensively leading and active c 6, 96 lowed before the carriers are turned | tnt” " ; Oils, Industrials, baek to private contro! on January ‘ Apion FF AS ; Rem! 16; Ist in Walt survets mina the only | Rae, 7 $4 fe geemington, Lo 8: |] Mining and Curb Securities folution of the problem of stemming | poet ie to 1 ‘Teterested in the mar the receding tide of net carnings is ; by imoreasing rates, THE COPPPR MARKET. ket, either as an peoulation in the cotton market] m: re, trade does not look for much Mared up in sensational etyle, Kx | change in the situation until next |f| to receive « copy of this full peace treaty will be signed Monday | orders emanate only from consumers will prove the un has caused an advance of more thaD|in urgent need of the metal, one merit and reliab'lity of the $8 per bale during the past two ” and the commodity is now balling “at Tearane cena Act SS OS i about record prices, with July cotton | gents per pound for June apd Ju | WEEKLY MARKFT LETTER, somewhat, although not to such an ¥ extent that the record string of mill- by grocers, 1t was said at the| ion share days has been broken, ull Sugar Equalisation Beard, a Govern- campaigners have by no means eee py oe gan cage des btn mt for a higher ernment has set a basic price and the | Cbandoned thelr fig! igh refiners are sending more than 800 per cont. in i DF tear cae Bae Tisae ane caoaiee operations must not be carried on shortage. too recklessly, but issues that seem to have an especially bright business | @aegee outlook are being singled out and ie developing enormously, de-| marked up for spbstantial gains. but |" For instance, Corn Products made| l'erts a new high record for all time to-day. |[t ie’ believed that this company will enjoy an exceptionally large being quoted at 82.40 cents pe: 4. shad! udtations, Copy V-30 on reyuest. fet Oa ae nies tegen pameees Charles A. Stongham& G LATONIA ENTRIES, Metal exohange quotes Bleotrolytic ar 6S . ne am 0. LATONIA, Ky., Juno %.—Sixteenth | 18: July, 175-4—18 1-8; August, 17.70— BRANCHES: ay of the Spri ting 8: : i Li § Qo- |i om iadelp 3 mg meeting Saturday, |! cA ay atl br Frnt pei biiadstpt Sen, level of _prices, The recent sharp . je ~pri BACE-Oaiming: 91.260; hve: 5.20B; June, urry in money rates taught that Oil and motor shares are’ again origins JAMAICA ENTRIES. : , franc cables 6.48, lire} Livingston Oil Corporation RAOB TRACK, JAMAICA, L, I., June ? %.—The entries for to-morrow's races CLEARINGS. “it paaae || Our Per Cent. Per Annum thy Foes dom, 700 shares Total sales stocks 1; Ol ON THE CURB, Opened steady, Midwest Refining. 118 to Sinclair Gulf, 68 to $8 1-2; Houston, 118 to 122; Cosden, 103-4 to 11; Glonrock Ol, 65-8 tq 68 %| Texas Ranger, 4 6-8 to & 1-8; Barnett Ol, 81-16 t 81-4; Amal. Royalty, 1 1-8 to 1 1-4; Contl Ref, 12 1-6 t 131-8; Cities Service Bank Shares, 381-4 to 381-2; Sinclair Cons, 58 to | Mans 581-2; Salt Creek, 62 to 623-4; Vie- toria Oil, 24-8 to 21-2; Merritt Oil {49 273-4 to 28; Hudson Oil, 15-8 to 13-4; Island Ol}, 75-8 to 77-8. Boone Oil, 10 to 12; Federal Oil, ) 44 31-4 to 83-8; Int. Pet., 291-2 to 30; ACL Western States, 6 1-4 to 6 mig om peostptil or I Guan Ol, Li-d*to 1 121" Omar |¥ear 1918, $4,682,504; equal to $201 a Oli, 48 to 60; Sapulpa, 77-8 to 81-8; | share on 1,600,000 certificates of tene- Savoy Oli, 9 nit, ficial interest outstanding, againet a Standard oll quotations: Atlantic| deficit of $10,409 in 1917, ' “ ri-| Colorado and Southern Raliway, eae eae ieee a pipe |year 1918—-Net income after war eax leet eet 2 =. werne' December — BARNID 12 to| Great Northern Ore Seecere = FHEEt Heese rete ee eed leteeeeteeteee some extent been reflected in the re- cent market strength of shipping The Commonwealth Finance Corpera- tion, has decared the tenth quarterly dividend on the preferred stock, at the per cent. per anguor, pay- tn 4 T Int 4 1-48 95.40, off .06; ad Bavuld Tire, 68—6 10; British Arherican i ae 22—28; registered, So. and the Chase Into strong demand, and poration are forming « Undacerite 600,000 preferred stock to red to holders of first and second Compa at par, $50 a shi Retail Btorea, 611-2—82; Magma, ae—38 . . By s' -&; Boston-Mont., 4 1980; Creel ca, 4 1-44 8-8; since 1903 through dull times and good, Market Letter, cov- was weak, golling off 8 points to No one interested in the mar westor or The copper market is dull, Purther- feremates, ened fail to Pie and prospects that the} week, due to the fact that buying of-value publication. delivery and 18 cents for Augui Copper firm; epot and June, 171-2— 41 Broad Street, New York Thi a Ponta — inn 10: 5,95—4; September, 5.40-4.60, Mpelter paar Neus aye oe tt] EAGLES FROM ORE, eh 6.671-2—6.90; October, —Before the Treasury can PD—ume ; f . turn out the bright silver Sree RR bird-dollars, it nust have 5: 8 hed Se besa. —Within the next andy, 61-26 3-4; South Am, Fears ‘the Goreesmank Gold Plat, 141-4—141-: MONEY. pecially heavy and every lucing. silver mine > great pros- Call, mixed Collateral opened at 6, ; high 6, low 6, renewals 6, ruling 6 and Pee agora lnk cloned’ at 6; all Industrial opened at posta willnloc 1-2, high 6 1-2, low 5 1-2, renewals 61-2, ruling 6 122 and closed at 5 1-2 per cont, Banks gained from Sub Treasury esterday $841,000; lost since Friday pen reauast for 107 y7R2. 000, RDITION Wmited. | ‘Time money fs quiet with few mall loans’ being made for 30 day period SCHMIDT & DEERY at 6 per cent on all Industrial ont- isle lateral. enewals are also ne n| made at this rato for longer periods || Conelidated Stock Exchange ef N. Y. : fSi] on Industriats, There is a fair de- New York Offices 0. Hon. 116, Vine, mand for time accommodations with |f, Mjp.o! "se. |313 sree 10, Dae dun’ |'borrowers bidding 6 por cent, for |} "yy ‘grag 1 xe wot ae ee Phila. Office, @28 Widener tide, loans of all dates. Reed and about the outlook for silver stocks in our new booklet “FOURTHEN SIL VERS,” just off the ‘0. $8. +f Carey, ee EXCHANGE. “a ity Fas Demand Sterling reacted to 4.60 3-4, Rote. Ths rWinlen' @ dal | franc checks, to 6.45 and lire cables nes to 6.05, Peseta cables were marked Trak fast, . holm cables to | INTEREST & DIVIDE Swiss cables were 5.85. Sterling guilders demand 39, Tulse, Okishome ; ,..2ane A7th, 1019, $217,862,683; Philadelphia, $81,601,906, hi ¥. payable July 1. 1919. to atgek of record June 25. increase $10,513,472; Boston, $68,499,841, | Oheoks will be maliea, °°? decrease $1,735,651. Bub-Treasury creditor at Clearing ' Herman Livingston, T Hor four-reat-Ade and Ww. tile and a furlo of Butterfly, 108° J02: of te W “tart a, Ma on Emigrant Industrial Savings Bank §1 Chambers Street, New York The Board of Trustees has deciare@ & Bemi-ARnual Dividend at tho rate of Joly 10th, 1019, WILL DKAW INTEREST YROM JULY 1st, JOHN &, DALY, Compitrotier, \ sabia Ra ON ALL DEPOSITS ENTITLED 1MERKTO, DErosrTs MAK ON on nEKORE Soret Weather