The evening world. Newspaper, July 28, 1919, Page 10

FSane ee oF ‘ UE i # 3 guarantees the people of New York an adequate subway service, Why hasn't ms fertimony of File 2411 eho 7 " oO we that on March 3, Olin J, Stephens, Chairman of the Traffic and Water. h 8 & } ie oe of i f i i o™/~ a 8 \ se ASSETS Bonds and Stocks {uy oP in course of collection..... _ Interest, dividends and rents accrued. ‘Cash on deposit and in office........ Total Assets. $19,616,806 .00 412,500.00 15,500.00 2,417,152.13 188,969.95 2,097,159 .09 -$24,748,087.17 Chaplain in Gig Performs Cere- mony for Couple in Tossing Motor Boat. “I see where some people are going to be married in an airplane,” remarked ‘Miss Louise Brickley of No. 176 Bay Mth Street, Bath Beach, the other day. “They've got nothing on us,” said George Orr, a chief petty officer in the United States Navy. “We'll be married on the ocean.” Go they arranged everything and yos- terday they left Sheepshead Bay in the Motor boat Tschuma, owned by Capt. Charles E. Patten, and sailed down to the middie of Ambrose Channel. There they waited a while, and in a few min- Utes slong came Chaplain Charles L. Marks of the United States Navy in a navy sis. Chaplain Marks climbed into the motor boat, and with bridegroom and bride and quests hanging on to things to keop from being thrown down by the tossing craft Orr and Miss Brickley Were married. Lieut Warren A. Brown and Mrs. C. L. Bruno were best man and matron of honor. WOUNDED BOY STICKS TO MULBERRY STREET CODE Burned by Powder From Cartridge Fired at Him, He Refuses to Tell Who Did It. Rafacle Roma, fourteen years old, is Uke ‘the rest of thom. When he had « private quarrel he conaiders it his own affair, Rafacie was regaling bis imagination with thé bloodthirsty posters of a movie show at Hester Street and the Bowery to-day when another boy slipped up be- hind witha revolver and fired at him. The cartridge was « blank, but the pow- | | der burned Rafael arm. The burn was dressed in « dri tore and the boy was sont to his home, No. 131 Mulberry Street, where the police asked who fired = oF Not a word id Rafacle woul —— EMPIRE CITY ENTRIES. EMPIRE CITY, YOMMONRS. N. Y¥., July 2. ond % and cen: a +) in ire Hae: ‘ing vi WALL STREET News and Gossip of To-Day’s Market—Present and Fu- ture Prices, Tn to-day's stook market there was an absence of the speculative fervor #0 noticeable in recent sessions, The new long string of million share days was broken, transactions barely totalling 900,000 shares, Important pews development again were lacking. The absence of fresh Incentives and dubiousness regarding the money situation bad the effect of checking bullish aggressiveness the time being at least. Uncertainty ag to the money out- look is not in rates on de~ mand loans. Funds on call were ob- talnable to-day at 6 and 61-2 per cent. But time money is practically unobtainable. Furthermore, traders were not wholly satiefied with the bank statement published last Satur- day, The increase of $3,400,000 shown in surplus reserve waa duc entirely to the decrease of $97,000,000 in loans, But oi jus reserve is now at only compared with $72,000,000 at this time last year, 1} which will draw & large supply funds from Wail Street, will very shortly begin, and making new large foreign are now rapidly being Bulls apparently are afraid that « further aggressive stock | Re ~ 3 at this time will almost surely result in a money stringon: ‘The widest price movements to-day were made by motor and equipment stocks. Ajax Tire at one time s! rod an advance of nearly 5 points, Max~- well Motor common a gain of 41-8 points and Baldwin Locomotive went up 41-2 points. These movements seemed to represent nothing more than the whims of the pools opera: in these issues, Re tiessnees of the general market is perhaps best indicated by the fact that United States Stee! 1 common moved within a range of| 5, about a point, and even the merourii Crucible was content to hold its re- cent gain. One reason for the con- traction of speculative activity {i steel stocks is that the statement of earnings of the Corporation will be made public morrow, and while it probably will prove a potent market factor, no one seemed to have an accurate idea of the showing the statement will make. Rails again move sluggishly al- it eel to- cluding Southern Railway, and the Pennsyl- vania Lines West announced earnings ear ago. safe prediction t) public interest railroad stocks will not be aroused ‘until definite plans are made for safe-guarding security holders follow- the return of the carriers to pri- hesitancy showed a moved up 4 cents to the pound. FIDELITY-PHENIX FIRE INSURANCE COMPANY Semi-Annual Statement—July 1st, 1919 LIABILITIES Unearned Premiums.............$12,589,777.58 Losses in Process of Adjustment... UOC CURE ois Fs cies cease 1,323,693 .61 394,604.81 Reserve for dividend, payable July Reserve for Contingencies. . Net Surplus............... $75,000.00 50,000.00 2,500,000.00 sevev ee y UpG15,011.17 $24,748,087.17 0,015,011.17 DIRECTORS FRANCIS L. HINE F. W. KOECKERT EDWARD MALLINCKRODT DUDLEY OLCOTT, gND EDGAR PALMER OFFICERS HENRY EVANS, President HENRY K. POMROY JOHN J. RIKER EDWARD R. STETTINIUS HENRY R. TAYLOR ALBERT H. WIGGIN J. E. LOPEZ, 2d Vice-President & Secretary N. T. ROBERTSON, Secretary C. E. ALLAN, Secretary J. P. HOLLERITH, Assistant Secretary J. F. CUNNINGHAM, Auditor Managing Branch Offices CHICAGO, MONTREAL, SAN Mitek Galt aati al FRANCISCO 1738 to 75-8; Prod, | 171-2 to 18; Golden Gate, 31-8 to THOAY'S PRICES Total sales stocks, 834,900 shares. There was a good demand for stocks at the beginning of business, making the new week start off with a gain ot fractions to over one point in many stocks, But the supply was in evi- dence, and within @ few minutes & reaction was in progress on which the early gains were generally wiped out with a number of stocks show- ing moderate losses, When the first quarter of an hour ended United States Steel indicated | the market generally, moving up 3- to 1133-4, tfom which it declined to 1121-2, i Close market observers say that @ brand new short interest is being built up, and that, despite the large recovery in prices as compared with the low of a week ago, the market is actually in @ stronger technica! posl- tion than at any time in the past month, . -. OFL8 ON THE CURB. Opened firm. Cosden, 11 1-2 t 11 3-8; Amal. Royalty, 1 3-4 to 1 7-8 Commonwealth Pet. 73 1-2 to 73 3-4; Merritt Oil, 26 1-4 to 26 3-47 Victoria Oil, 2 1-4 to 2 1-3; Transcontinental! Oil, 49 3-8 to 49 5-8; Ryan Oil, 47-8 to 6 1-8; Texas Prod. f., 8 to 8 1-4; Texas Ranger, 4 3-4 to 5; Hudson Oil, 1 to 1 1- Ret. NOON PRICHS-—Glenrock, 61-2 |--5-8; Omar, 66—67; Vict. Oil, 2 1-4— 3-8; Cont. Ret., 91-2—10; Queen Oil, clair Gulf, 68—1-2; Savoy, Ranger Ol, 1-2—6-8; tes, 41-2—5, Mid. Ref. 4; Boston- 65—87; -4—1-2; ite Bagle, 4 1-2—25; Oil, 31-8 14. ‘Two P. M. prices dull. 8. O., N. Y4 425; Houston, 129 up 1; Cities Service ik shares, 45 7-8—46 1-8; Comm. 1-2—59; Trans, Oil, 48 1-4— Midwest, 178—180; S. O., N. 2 as, Ranger, -4—5; Int. Pete., 1-2; Amal, Royalty, 13-4—1-8; Shell. Trans., 73—1-8, TRE CURB, Opened firm. Submarine Boat, 3 3-8; Martin Parry, 82 3-4 to 4; As- phalt, 89 ‘to 91; Hupp Motors, 12 3-4 to 13; South American Gold Plat., 97-8 to 10 1-2; Colonial Tire, 43 to 44; Brit- ish American Tobacco Corp., 22 to 23; Regstd, 21 1-2 to 23; Savold Tire, 57 to 59; Allied Packers, 61 1-2 to 62; Aetna, 10 3-8 to 10 6-8; Sinclair Gulf, 57 1-4 to 58; Sinclair Cons., 59 to 59 1-4. NOON PRICES.—Cresson, 33-6— 1-2; 63-4—7; 8. 1-2 to 9; Glen-|* Tock Oil, 6 1-2 to 67-8; Shell Transport, | » Island Oil, cy CLOSING QUOTATIONS. t fF 2 BReee eene’ a 8 PS Ss5333 ++i Hi i BREESE 2 rl i S§g3saa3 ag 3833 * a pr a8 ee *j ereeee ee eee SeeEE +rtTibimel 1 = Noon—8 1-26, 99.61 94.40, up 0.30; 2d 4s, Ast 41-28, off 0.10, at 9%. up 0.18; Ist 4 » Up 004; 2d 41-4, : | 94.04, up 0.02; 34 41-48, 95.04, off 0.04; Ath 41-48, 93.90, off 0.04; 33-45, 99,86, off 0.06; off 0.02, Victory 43-48, 99.88, preceding year. Canadian National Railways—Third week July $1,686,448, increase $125,385; from Jan. 1 $44,948,839, increase $5,012,- 715. Colorado and Southern—Third week July $474,132, increase $92,264; from Jan. 1 $12,500,188, increase $2,025,529. Pennsylvania-Western Lines—June gross $9,236,511, increase $1,196,683; months gross $47,620,355, increase 7,047; net operating income $1,- 42, increase $5,11! Delaware, Lackawana & Western— | June gross $6,230,382, increase $543,- Artz., 13-8—1-16; Con. Co) —8-4; Aetna, 101-2—11; Big Ledge, 6-8-4; Emerson Phono., 6—1-3. 2P. prices dull. Overland, 22 1-4 to 22 3-4; Sweets Company, 16 to 15 1-8; Philip Morris, 14 to 14 Aetna, 10 1-2 to 11; South Americ: Gold, 9 3-4 to 10; Martin Parry, 32 3- Packers, 61 1-2 to 62 1-4; Products Exp., 36 to 37; Asphalt, 88 to 90; Boat, 17 1-2 to 18 1-2; Inter. Cont. Rubber, 2% to 24; Aniline, 49 to 61. MONEY. Call money, mixed collateral, opened 6, high 6, low 6, renewals 6, 6 1-2. ‘The time money market is un- anged. Borro’ are bidding 7 r cent. for loans of all dates on th classes of collateral. Little new money is lending and few renewals are made. In commercial paper the rates were firm at 61-4 and 51-2 per cent., un-; change ‘The bulk of transactions je at 61-2 cent. There is a fair volume of trading. ‘Money is slightly easier in the West than in the Bast. ‘The bank acceptances market quiet, with few bills moving, and the rates are unchanged. EXCHANGE. Sterling maintained a strong tone throughout the morn: session, ad- vancing 1 3-4 cents to 4.36 3-4, There wes a good demand for remittance while commercial bills showed no great accumulation over the week- end. Lire checks rose 1 centime to 8.68; Swies cables 5.62; peseta -_ 3 sterl- cables 37 5-8, GRAIN, Range for the day at Chicago: 1 16% wr + wt 108, 197% 0 19% i Crh lar, off 19 to 27 points, on EARNINGS, VirginiaCarolina Chemical Federal tax and charges, $6,6 equal after preferred dividen $18.08 @ sbare on $27,984,400 common, Co Year ended May 31, 1919; surplus after 830; six months gross $34,162,323, in- | crease $4,313,886; net operating in- come $5,376,168, decrease €195,511. Philadelphia and Reading — June gross $ 61, decrease $78,774; six months . gross $33,649,604, - decrease $1,922,939; net operating deficit $646,- 207, decrease $1,805,446, P. Cc. Cc. & Bt. Louls—June ss $7,753,967, increase $431,441; six months gross. $43,643,413, increase $6,492,445; net operating income $569,- 451, increa: $1,918,957. Long Ieland—June gross, $2,520,576, increase, $230,756; Net operating in- come, $1,210,858, increase, $26,197. RAILROAD EARNINGS, ‘Théo earnings statements of rail- roads for June now coming to hand show on the face of the figures a —_—_—_————— BANKING AND FINANCIAL. Oils, Industrials, Mining and Curb Securities are covered most thoroughly and comprehensively in the STONEHAM which has, been issued every Friday since 1903. Through dull times and bad, War times and peace, the aim of this letter has been to give the unbiased opinions of experts in the above securities. Write for this Week's Issue, which contains information on all the ac- tive issues as well aq the High and Low Quotations record for the year to date. Aak for letter 30. Charles A.Stoneham & Co. Wiel” Toe Wiarthord-sPhiiadelbh rd jelDhig—sToronto. Established 1008. No Promotions, WRIGHT-MARTIN A critical analysis of international especially Foci me Pong wig nnd IMMS PETROLEUM Comprehensive article on this new issue—in- cludes information se to jes, activities, capitalize tion and outlook. In the ourrent {asue of our weekly —“The Market Annalist.” Copy without obligation wpon request ScHMIDT & DEERY Members Consolidated Stock Exchange of N.Y. New York Offices the wit Fifth Ave, ress ena ou Mur'y HL 7 reehgen J ot thera i against $8,384,668 on $24.24 a share et net operat- 1 Aen Sl with June, f] which ts in targe part only ap- Last year roads included in lune expenses accumalated back employees under order No. , retroactive to Jan. 1, 1918. Wages accrued for jous five monchs br yg : nd ut tan ah onan ine clase ueing ano} Getit. ‘of approximately "$08,000,000 for month, The committees on securities of the Stock Bxohange rules that Seaboard Air mortgage bonds be quoted ex-interest 2 rd cent. on Aug. 1. made to Stock to list Central Foundry Com- st Company cert! pret ook end Mercantile | Trust pompany, ce tes 0) sit for $3,600.01 ok. pres Kari G. Roebling, director of the American Ship & Com- meree Corporation. LEAVENWORTH, Kan. July 28.— ‘William D. Haywood, former secretary federal prison here to-day upon the re- celpts of papers from Chicago showing peal. Reasserting that he and ninety-two {air trial, Haywood said he would make aa appeal in a tour of the coun- try, whieh to NOTES. Line Raliway Company 6 per cent. adj. ition has been pany Mercantile ‘Tru: jeates of deposit for $4,600,000 ordinary red sti common stool President of John A. Roebling & Sons Company, will be a HAYWOOD OUT OF PRISON. of the I. W. W., was released from the approval of his bond, pending an ap- other I. W. W.'s had not been given begin in the Bast, to ing men of the country. ization has tsi ‘MUST CURB PROFTTEER “S. OR SET UP SOUP KITCHENS Congressman Keller Tells Hous® High Cost of Living Is j Dominant Issue. A WASHINGTON, July 28.—The price of food overshadows in importancé: the League of Nations, the Peace Treaty and other foremost probleme of the day, according to Representa= tive Oscar Keller, a new member of the House from Minnesota, who te~ day started a fight in the House te make good his campaign pledges ta bring down the cost of living. Keller declared h ewon his seat om & pledge to help reduce this cost, * “I come straight from the people? he said to-day. “They are thinking of the cost of living and are looking forward with apprehension to nex® winter. “Congress must elther provide nwa to curb the profiteer and speculates: or else begin to eét ready right awage the machinery for the soup kitchens all over the country next winter. * “Speculators and profiteers are boasting’ that prices will sky and are talking about a dollar 7 pound for butter and a dollar @ dozen emgs, with everything else tt, proportion. The people are wonders ing what Congress \s doing about thim They do not want any more investhe gations; they want action.” ’ / Inquiry WASHINGTON, July 26,—Secretarg Daniels to-day said he had recetved @, message from Colon saying an inqutew t|had been ordered into the collision bee tween @ navy seaplane and an ai eae there, In which two flyers led. BANKING AND FINANCIAL. chapter on 50 Broad St. Tel, Broad 29 PHILADELPHIA CHICAGO | . On Over 20,000 Acres, Texas, Large Earnings. BANKING AND FINANCIAL, 33 Hints to Money Makers Men with money to use in the market should read our free booklet containing « “Market Strategy” the method by which successful investors and traders group their selections 90 as to enjoy a maximum degree of Safety and Profit. Call, phone or write for No. EW-601 JONES & BAKER SECURITIES 505 Fifth Ave. Tel, Murray Hi 7120 NEW YORK Direct Private Wires OETROIT PITTSBURGH BOSTON —— Livingston Oil Reports 7 Aggregating 10,825 bbls. Oil Including production previously reported Of which the Company’s interest roximately 7,500 barrels Total Capitalization, $3,000,000, Outstanding, $2,372,940, Oklahoma. Pipe Lines. Refineries, Dividends 3% Quarterly, DRILLING OPERATIONS 41 more wells in various stages on its lease- hold interests in the Northwest Extension, Burkburnett Field, Texas, and 12 in Oklahoma, } Traded in on the New York Curb Descriptive Circular and Maps on Request Wells TEL. CORTLANDT—2643-4-5, 8273-4-5 The statements heroin, while not guaranteed, have been obtained from what we consider to be reliable and authorilative sources. ket until now \]| 44 Broad St., New York Why has this group of git-ederd securities filed to respond to « booming mar. Wo have made o careful study of the situation and prepared 0 pacal treat the wondefl compania explaining what the nea tare markt pt Discriminating investors can secure a copy by sending us their request, Send us your inquiry today. L. L. WINKELMAN & CO. STOCK BROKERS Telephone Broad 6470