The evening world. Newspaper, July 11, 1919, Page 10

’ ti , | if 1% RET ww Oo Rapips| URNITURE IPENS AN ACCOUNT Ore eerie oe cokwer | Giver Shetter tn Ra FISHER Bros COLUMBUS AVE 103 & 104"ST PIANG ‘OMPANY 198 West 42d Street. 86 Flatbush Ave. Brookl; 87 Halsey St, Newark, > " MONTAGUE’S VERSE rs exclusively in The Morning ~ James J, Montague is ad- the best writer of news- verse in America, See The every morning. ~ FOR LARGEST BATTLESHIP Forty-Three-Thousand-Ton Vessel fo Carry 16-Inch Guns and Cost $21,000,000. WASHINGTON, July 11.—Contract ‘for building the jargest battleship in ‘our navy was let to-day to the Now- port Shipbuilding Company, ac. ord- hg to an announcement by the Nec- retary of the N Tt will be non.ed after one of the States, but so far is |designated only as Battleship 53° It will have a displacement of 43,000 ton and will be armed with 16-inch gun: jt will cost in the neighborhuo.t $21,000,000, A contract for a just like it will be let ne: SAMARITAN WINS | WINS A BABY. | WALL STREET News and Gossip of To-Day’s | Market—Present and Fu- ture Prices. es There was no evidence in the stock market to:day that the demand for stocks is decreasing. Apparently, th ecual | public appetite for stocks {+ insatiab’ week. Transactions again were on an excep- tionally large scale and closely ap- proximated 1,600,000 shares. Motor, oll, tobacco and other recent Mother Who Didn't Attention Because he offered shelter woman and an eight-monthe-old baby at tho helght of yesterday's rainst tention, Antonlo Caccamo, of No, 767 65th] The reason back of the strength in Street, Brooklyn, to-day found himself | the copper group was found in a fur- the unwilling possessor of the infant. ‘The woman, in the rainstorm, rushed tate the, ad's chanty ahd thon wont ony.» fom wees Baek Uae prediguors Were vainly offering copper at 15 milk for the child. She never returned and. Cuccamo finally. no- cents per pound. Now consumers are uthorities that he had a haus ¢ eagerly bidding 21-4 cents per pound Ufied in that did not belong to his. Beech ts being made for the woman, | fr metal to be delivered next month, turned to railroad and not commanded much speculative at- —— and will pay 201-2 cents for Septem- SURRENDER OF EX-KAISER. [ber delivery. ‘The large “surplus comanapat neneaean stocks of copper, which were such a cause for worriment two months or 80 ago, are now being rapidly eaten In to. Predictions recently heard that poverty ae 4 @. the Aled note the métal will be selling at 23 cents by early fall promise not to fall far Prince recived Testotiay, could “not | short of the mark, All the popper of the . | Shares with the exception of Inspira- PI ee egy aes tion joined in the upward movement. ———— Industrions Police Arrest Grass Note From Holland Ni to Affect Quest * PARIS, July 11.—Feeling in Confer- ence circles to-day was that the curt Gains ranging from one to two points were general. ‘There was no news to account for the upward spurt In rails. As a mat- ter of fact, earnings of most compan- 8 continue to mak dismal show- ing. For instance, the Atchison, Té- peka & Ganta Fe reported to-day that although gros® business in May Increased $1,140,000 net earnings de- clined $2,116,000, In the first five months. of this year a gross gain of $4,706,000 was converted into a loss Of $9,117,000 in net, And Atchison is everywhere recognized as one of the three best managed systems in the WASHINGTON, July 11.—Announoe- ; Country. ‘ ment was made to-day by the Shipping, 2¢ long been hoped that rall- Board that, effective next Monday, all | roads id soon be permitted an in- - [crease in freight tariffs. These hopes ing on the grass at Mount Morris Pa Patrolman John Guatiog. of the Bast 1g6th Street mmoned Max Seydell of No. 0 West 138th street king across the |i and Mrs. Me. Goldberg’ and. Mrs. Boaais ee 1itth moree iidren to play 09 ships | belief. At any rate, sentiment re- that | Sarding them is jmmensely improved. Gains to-day in the leading issues extended to one point and in some Miss Wovoth Unable gases to two points, The heretofore Dedoration. Neglected low priced issues joined in WABHINGTON, July 11.-—Miss/tho upward movement. Pere ,Mur- wette and Ontario and Western were ite conspicuous. , The former is evidently under persistent banking War Baker with the Distinguished Ser-| acoumulatibn. To-day it sold as high ie She fs il) and could not ap-| as 7. ot 17-8 its for the pear, Bhe expects to be out withit| gay ‘7 Ngrone pa bytes doubled ee Oe ea 1.2] in price compared with the low of the “_ by ‘Train at Spot Where | Yer Denghter Met Death. Manipulation of Marine ,common ‘CAMDEN, N. Jy July 11.—Hin head! wag continued. It was by all odds oe Lg ye ay Binag body when | tne Most active stock on the list to- woes ae oben ‘OF- | day, and at one time showed a gain of wart betrose, ¢ cite for points, to 08 6-8. Poot propaganda a. met alleged that the 67 per cent. accumu- was|lation of dividends on the preferred tame *pot|) would soon be paid and, that the common would shortly go on a divi- dend basis. [t not explained why the preferred displayed such compar- \f stockholders are Receive ‘Wenan Wants to Be City Treastrer. wll: yi Oy gg al PONE te homie Dues civinenan’ Seneca Avenue, lernon, an: Yesterday that she will be « Zoran Motor and O!l shares moved y. Strong spots were En- candidate for the Republican designe: |ameting, Alcohol Galiforniay Packing ity Treasurer o; oh and Cotton Ot! that place. There probably will be si ‘The aieenennant that import and candidates. export restrictions on Germany will WISSNER_ BROOKL 53 ont Pies Street 55 Flatbush eine 134 Noma Newark by VICTROLA Red Seal Records at % Price $1.00 $1.50 $2.00 - $3.00 $3.50 lowing . Alda Bori Breslau Calve Clement Cortot Culp favorites were temporarily neglected. = G to a| Copper shares which heretofore have ther advance in metal prices. It is |; These Ft dare arom appl. hod all records made by the fol-| appointed James O'Farrel referee in peta STOCK QUOTATIONS. bon Cam, cite wate. tt tans te “6 {se Steel aes, ‘Am, Tel, & T. Oo. Avacouda Mining Ara, T&M, F Au, Gui & Wf % Baldwin Lacomot: s+ % Halt, & Oi Boh, mot B Bey Hw, Tran, 3 wy %| Ca, Penteon Contes Leattwr, Canadian Metfie,.. Chee, & lon... |omt, w & mee Cine Coper Corn Prd, Go. + + tiieieet! tt telter TMi ee aa¢ Litteet ++} tit ‘Utah ‘Onett Waat’h've, E, & M, iy “Ex, dividend. 1 Yet.4 Jody 95.14, off 12: 94.10, off 06; 34 4 1-4n 96.06, is 94.14, off 06; Victory 02; 42-49 99.98, up 04. be. lifted within forty-eight hours— ieals and potash—was received indif- cetepnly. 29 1-429 3-4; wile; Vietoria Olf, 2 1-4-2 exception being made of dyes, chem- ie | TOAYS a9 Total sale of stocks 1,542,600 shares. OILS ON ‘THE COURS, Opened strong. Sinclair Consolide- | Refining | 1.79 to 1.91} Sinclair Guif, 51 1-2 to 59; | Bi). + ,* | Supulpa, 73-4 to ted 62 5-8, off 1-8; Midwas: Stanton, 11-4 to 3-8; Sequoyah, inand $8 1-8, cables 38 0-8; Wiss oa. bles 5.50; hot cablen 28068 et Stosk: GRA Range for day ‘a "Chicas: — Close— Changes, i: my bs ‘fea. Royalty, 11-4 to |Mareh foun, Pet., | Bal nctt, 3-16 to 1-4; to 48; di nrock. 6 31 Hudso: isiand Oll, 71-2 Victoria, he 4 to 21 Continental Anin; ; Prod, Ret., Sapulpa, 7 2-4 1 On, 8 Salt. Creek, fart National 4; Producers ing, pin arecee Petroleum, Vestern Si G 3-8 Wyoming, 68—69; Transcontinental On 47 T-8—48 Petroleum, 69 1 ot 1- rea, Geeen oN Binclair Cons. Amalgamated Royalty, 1 1-4—1 1-3. _ THE CURR. Opened strong. Cramp 185, up 8; Retail Stores, 971-2, up Sweets Company of America, 11 Intercontinental Rubber, 1-2; Big Ledge, 1-2 to iT to 8 Perfection,’ 1 3-1 New York Shipbuilding, 68 to resson, 33-4 to 37-8; Un. Profit, to 18-4; Ce Vy 4 11-2 to 1 3-4; Meola, 5 to 6 Curtiss, 15 to 19; British-American Tobacco Corporation, 20 to 21; Regstd, 19 to Col, 'T., 25 to 26; oat 11-4 PR oor My deranged easy, rates in the getting as low as rie per cent. Much ~ y fro the interior attracted by rates t high 64 has recently flowed in into Wall Street for loan purposes. Henry Ford and his son Edsel, who own a large majority of stock in the Ford Motor Company, have determined to buy out the interests of minority stockholders. ‘With this in view they have ranged for the first piece of fi- nancing attempted by the Ford Com- pany since organizafion. Arrang¢- meénts have been made with 4 synd!- gate’ of bankers for @ $75,000,000 one year credit, evidenced by the Furd Company's promiasory notes, mdtar- ing in ninety days with three re- newals, The notes are to be dis- counted at. prevailing market rates for commercial borrowings The first notes to be discounted at 51-2 per te On the few recent obcasions that the market has had a weak undertone the 6f the selling was for the account of holders in Germany, who, were taking advantage of the first opportunity in more than three years to realise on their holdings. This theory has been pretty effectually exploded by a prominent banker, just returned from abroad, who states that after a very careful investigation he has found that American stocks now held in Gérmany dv not have a value of mote than $5,000,099. No more: tangible evidence of im- provement in business ‘conditions can be found than jiu the tonnage state- mept of the United States Steel Cor- poration for June. This company's tonnage statement have always Ween accepted as accurate baro+ meter of genera] trade conditions, and June figures confirm reports that the tide-of prosperity is swiftly rising. Orders booked at the end of June |amounted to 4,892,000 tons, an in- crease of 610,000 tons compared with the end of May. But what makes the increase more significant is the fact that operations during June were at the rate of about 66 per cent, of ca pacity, whereas in May they proo+ ably did not average much, if any, more than 55 per cent. in capacity. Had the output of finished products in June been at the same rate as in May, the increase in unfilled orders would have closely approximated $26,000 tons, It has yecently been stated by well known trade authorities that new business of most of the large steel companies is in excess of their capacity. In @o far as the Steel Corporation is concerned, this ‘s established as a fact by June. ton- nage Oguri HEIRESS SUES HER LAWYER. Referee Named in Case Involving $25,000 Against F. 6. Turner, Supreme Court Justice Luce to-day two suits brought by Laura B. Lind No. 319 West 87th Street, ag Francis 8. Turner, lawyer, No, 62 New Street. Miss Lindsley sake $21,816 in fone suit and $4,465 in the other, charg- her lawyer in handling her inheritance from the estate of the late Jeptha B. Lindsley at West Orange, N. J. She aye he failed to turn over the money | to her, 4 mm | ene, 17 1-2 to 18 1 report has been circulated that much | Ing that Turner collected the money as | ii to 82; Hupp, 123-4 to 131- South American 3 Bh 4 } Heyden, tunental Candy, 7 1- Martin, 5 to 51-2, Rubber, 21—1 Platonx, 11; N. Y. Pe eatbes. 61; Submarin: bn Pie son Gold, 117-812; Enitp Retail Stores, Ledge, 1-2—5-8; Boston Mont., 86-89; Gen, Asphalt, 811-2—82; Heola, 5 3-8— 51-2; 44-50; McK.-Dar., 6— 3-465 Perfection Tire, Tire, 543: 49-16—4 11-16; United Profit, 2-11 3-4; Caledonia, 40—41; Cons, Ariz, 1 1-4; N. Y¥. Shipbuildin, Wright-Martin, 5 1-2—5 The close was stro 195, up 13; ~~; a up 3-4; ASI up 1 tall Stre, 3-4, up 11-4. MONEY. . Call money, mixed collateral, opened at. 7, high 7, low 5, renewals 7, ruling 7, and closed at.5 per cent.; all tag. Py agers at 7 1-2, high 7 1-2, low renewals 7 1-2, ‘ruling rin, cha’ clowed at 6 1-8. EXCHANGE. Sterling demand 4.49 1-4, cables 4.50; france demand 6.81, cables 6.79; lire demand 8.37, cables 885; guilders de- —————_—_——_—__E=E= BANKING AND FINANCIAL, FISK RUBBER oar ea Transcontinental ol “biel i a ett Tlic ore gain rer a, of more m4 quest for 118-—N ScHMIDT & DEERY Coistibeid $k Relanes od, 9. Cate 0 Bros th Ave: ‘Tot, Breed 1176 Of Mo Oils, Industrials Mining and Curb Securities are covered most thotoughly and comprebensively in the since 1903, Thro! A ese and bad, War ti ne Cory the sim of this letter been tore the yn- biased opinions of experts in the above securities. No one interested in this class of securities should be without our letter. Write for this Week's Issue, V-30, hich has been issued ma jew York answer says be turned over in ech ttn ham & Co, ian Pacifio—First week July, $3,120,000, increase 1, $77,969,000, in 184, Increase $948,120; creage $3,809,211; net Meceating int in ating in $684,704, decrease $4,319,029, nbaontsyo. Grand Trunk Railway: First week July, $1,048,962, decrease $44,500; from Jan. 1, $30, , increase $5,524,558. Atchisan—May gross, $15,81 crease $1,140,789; five mont! $4,705,366; net oper- $9,778,451, decrease compt'stion 1 rail 345; net o} rating income, $39,462,367, decrease five months oper. ating revenue, $1.929,978,137, increase $236,691,201; net operating revenue, $18,934,028, dectease $112,823,786, operating income, $106,215,450, de- crease $10,164,752. Sindlair Gulf Corporation — Year 19184, ‘Surplus after Federal taxes and 1 charges, $2,245,282, equal to $3.03 share on outstanding aL, oo hs plus of $1,093,277 in 1917 o $: share on 713,852 then ontetanatnn,: >| Payable Aug. 1. Sinclair Oil and Refining — Six months ended Dec. 11, 19: Surph after Federal taxes and $3,909,209, equal to $3. outstanding ‘ae to| Par value. Surpl: and dep $2,361,516, against saaiei in 1918, American Thread— Year ended 9—Surplus after interes: reciations, Feferal Taxes, dividends $2,116,993, equal to @ share on common stock against surplus of $3,986,991 or 82 a share in 1918, * DIVIDENDS. Homestake Mining Company regu- ‘lar thonthly of 60 cents a share pay- able July 25. J. G, Brill Company regular quar- terly of 1 per cent. and 8 per cent. additional on account of accumulated diyidends on the preferred stock, ‘This leaves but 11-4 r cent. unpaid accumulated «| National Cit Sars ads on th Ugg ~e bonds walen Sbok = Roma Refiners’ Corpora.) pumie, _f tion. lar quarterly of 1 cent, on preferred stock, payable EMPIRE CITY ENTRIES. Aug. 4. OMPIRB CITY TRAGK, Yonkem, N. NOTES, " In thelr comment on the markbt, | 2uy Lh —The emiriee (or to-monron’s races ary ae Jones & Baker say! With failures at ebb tide, with prosperity at high tide, with exports at undreamed of levels and with finances bordering on the “Arabian Nights,” {t {s almost a foregone con- clasion that forthooming reports, both semi-annual and for the fiscal year ended June 30, will show results that should electrify even most optimistic. The Board of Directors of' General Motora Corporation has Rice viee president. ok ‘ok Borlor were iat: ant__com Hn °Noblo and A. Bradley’ assistant ., Albert ©. age potent. from the J. Cott om ' an ‘of $1,000 from ‘the previous | fn sale and the highest price since January, 1906. Denmark will shortly sell to @ group of American institutions heated by the track BANKING AND NANCIAL. ] BANKING AND FINANCIAL, Monte de Verde Mining Company (Copper) Located in the Agua Fria District Yavapai County, Arizona This property has been thoroughly examined by competent engineers and certified to be a mining proposition of first consequence. ‘ We Offer the Treasury Stock at 50c Per Share For a Limited Period Only The property is twenty-two miles from the United Verde Mines and the United Verde extension, 17 miles from Copper Chief and 13 miles from the Yaeger Canyon Mines. Four Miles From the Binghamton In easy Haul of two Large Smelters. Application will be made to list this stock on the New York Curb. Reon Circular on Request. ‘ Howard J. Schellenberg Member CONDENS GaiEteck. Eachange. 80 Broadway New York imu 5226-7. (Par Value $10.) The Sweets Company of America, Incorporated A (A Virginia Corporation) CAPITALIZATION Authorized $5,000,000—AII Common Stock Kegistrar: This company Esq., New York. 74 Broadway NEW YORK ‘ Outstanding (including present offering). . Metropolitan Trust Co., New York ..++-300,000 shares Pet ear 0k - 200,000 shares Transfer Aventh Irving Trust Co:, New York more fully described in a letter from Samuel F. Will ams, President of the Company, copi¢s of which may be had upon request, has acquired The Sweets Company of America, Inc., and The Lance Cough Drop Co., Inc., both, New York corporations, manufacturers of Tootsie Rolls, and other nationally advertised popular priced confections. The books have been audited by Charles Hecht, C. P. A., and the good will appraised by James T. Anyon, of Barrow, Wade, Guthrie & Co., chartered accountants and by Charles Hecht, C. P. A. The real estate and plant have been appraised by The Appraisals Corpor- atioh. All legal details have been passed upon by Malcolm Sumner, All of the above stock having been sold, this notice appears as a matter of record ‘only. BLOCK, MALONEY & CO. 203 So. La Salle St. CHICAGO The information contained herein is derived from sources which we regard as’ re- liable. We do not guarantee the statements therein, but believe them to be correct.