The evening world. Newspaper, July 30, 1919, Page 12

7 THE EVENING WORLD, WEDNESDAY, JULY 30, 191 * DILLINGHAM SAYS FRANCE LEY To DELAY HE 1S FOR TREATY a . ee WTH RESERVATO newals 6, ruling 6; all industr! TODAY'S PRIGES opened 61-2, high 7, low 61-2, a 4 2 (Continued from First Page.) 61-2, renewals 61-2, ruling 61-: cent, Total sales stocks, 1,272,900 shares. Will Be Ready for Discussion in Chamber of Deputiés About Aug. 41, Says Viviani, PARIG, July $0 (Associated Press). : —A tection to tany ‘anal aetien News and Gossip of To-Day’s O14 ON THE CURD. aia vrs and Fu- Opened strong. Amalgamated Royt Prices. L. ul 1 $13.4; Barnett, 3-16—1-4 é 119% 114% Service Bank Shares, 46-— EXCHANGE. 5 Market quict and rather heavy. De-" mand sterling hovered around 4.85, and franc checks 7.35. Lire shaded off 62 for checks. Guilder cables,” Swiss cables, 5.55; peseta ca- .16; Stockholm cables, 25; ster« ling’ cables, 4.35 3-4, has all the force of the alliance? on ratigcation of the German Peace| whieh Turopeen atone fominon amone ‘Treaty until the United States Senate this group the Treaty will be even pore tee Samoa caeae, matey more in contradiction of American "port pimaon ivient Chairman . Ce Cosden, | 111-8—11 948; Meb- traditions than Article X of th© gee cominittes, expressed the opin. Money market conditions almost ‘ 1% [Titt, 25 8-4—26 f-2; League of Nations covenant under ‘a inated ; lea-4— ewe jon that examination of the treaty completely dom! ar ae whieh the Members of the Leagu® you be compl in time for it to Muctuations to-day, Traders gave would “undertake to respect and Pre- o. aiscuased a ie Chamber about PUt scant attention to other factors, Herve as ngninst external aggression 10 Ty Tate on it, he anid, prob- !Meluding highly favorable steol and the territorial integrities of all mem- ably would continue for three weeks, ther reports. bers of the League.” so that a vote might be taken by the At the opening, stocks were influ- In view of the Administration, cha of August, unless, as sugested, OCed by the excellent statement of neither Article X nor tho French’ OU. Sona be delayed pending the @Mings of the Steel Corporation, but Treaty would go further than the United States Senate's action on the When it was announced that another Monroe Doctrine in curtailing the po 0°. '\Moncan Treaty, ~ special meeting of the Federal Re- Power of Congress to declare war. ‘hia: Glemenceau and. Capt. 8¢rve Board had been called in Wash- ‘They argue that while a moral obliga- Andre Tardieu, attended yesterday’s ington presumably to discuss the tion is imposed by auch agreements, meeting of the Committee considering money situation there was hurried ht writ- It I left to Congress in any specitic the Rene Trewty teas regarding the profit taking throughout the whole case to decide by declaring war OF tert bank of the Rh: M., Clenen- list and professional operators, ‘quick refusing to do so whether the time ceau recalled that the Government, to take advantage of thelr oppor- hag come to fulfill that obligation. had. presented a memorandum to the tunity, put out a large line of “short” Peace. Conference, setting forth xt Gia large line of "short" Most Senators have refrained from length the reasona why France should stocks. Announcing any definite position re- -noig the Rhine bridgeheads, In The high priced industrial issues’ Mo Pacific . garding tho French Treaty, but the , the French G: in that have been recent favorites were X: X: Come! leaders opposing it declare it will be the principal suffere: General Mot. various military systems which as- pion) Ds ceeaae™s Renae defented and that among thowe who | .104 the safety. of France and which, OF soon lost 38-4 points, Kven U. Ine wp against it will be found some | taken one with the other ,were equiv-' 8. Steel, in spite of what appeared to of the Reoulylicans who are willing to |alent to occupation of the bridge-~be excellent buying, lost 16-8 points. Accopt Article X of the covenant | heads. | Phene measures Weydition to| What added to the feeling of bear- without reservotions. On the other! thon came later treaties with. Eng- ishness was the announcement from hand tho Administration leaders say |jand and the United States, guaran- Chicago that 100,000 railway em- It}is wure to be ratified. tecing immediate and unlimited mill- pioyees have prepared demands for 7 tary A pi reget Ber tl The ‘Premier and Capt, Tardieu Digher pay. This was considered as pointed out that it was impossible to being partly in anticipation of a new Who bag just returned from @ two|admit that an army, reduced to 10°,- freight rate increase expected to be !U months’ tour of the Wat, called at| 000 men, could, even in the tace of giiowed by the Govern the White House to-ddy to confer | the universal indifference of the world ernment, \ Ado t Stewarts— Save $200 to $300 None’ Have Worn Out in Five Years PT Stewart not only removed much of the dead weight that causes early truck wear by eliminating 600 to 700 parts, but it has also sectired simplicity in design, and saved you $200 to $300 in purchase cost. There.are fewer parts to tamper with or replace. There & less weight to wear tires, burden the engine or consume gasoline. Farther economy is secured ‘in the Stewart be- cause its motor delivers more than 90% of the power to'the rear tires—where it is needed. These advantages are widely recognized. In over 200 lines of business in 27 countries Stew- arts are in daily use. The first fifty Stewarts built are ‘giving unin- terrupted economical service today. All sizes from % ton to 3% tons. * HERRMAN MOTOR TRUCK CO,, INC. 607-618 W. 57th St., N.Y. Phone Col. 5572-3 GRAIN, pee hed Gayo ou a i dm 2« era a wiht ies owns Transport, 72 3-%~72 3-4; bist 1SR a lw 1-2; Glenrack, Mis 8O% @ % or x _eeeen.facs 2a € feteeses whe 6 Continental, | ‘ 1. 48 ton- Wyoming, $664; | M eee SS Ut sua 66—61; Western states, Salt Creek, 59—60; Lm. Burk, Van Cleue, 2— 1-4, ‘ Noon market irregular, Shell Trans- port, 72 to 72 3-8; Southwest Oil, 28 to 36; ‘Amal. Royalty, 1 5-8 to 1 3-4; Pennok Ol, 14 1-4 to 3-4; Int. Pet., 32 to 32 1-3; Sinclair Con., 68 1-2 to 69 1-2; Salt Creek, 68 to 59; Tran. Oil, 47 3-4 to 48; Inland Oil, 7 1-4 to 41-2. ‘Two P. M. prices | ir, Cosden, 11 1-8—11 3-8; Western bn 4 og nm 47-8; Sapulpa 7—7 to Kg : : M24 1-2; Mereitt, 26-26 1-2; ‘Tran ha clos Ol, 473-448; Sinclair Gul, 571-4 | points, 571-2; Sinclair Consolidated, 68 1-2— 591 T+bbuliveteret oom an & O% 7% 18% 8% a were ererercc THE CURB. Opened strong. Colonial Tire, 40— #1; Aetna, 101-2—103-4; Allied Packers, 64—65; South American Gold Plate, 91-8—101-8; Eureka, , 18-4—17-8; Magma, 42—47; Britain- | American Tobacoo Corporation, 22— } 23, registered, 211-2—221-2; Savold ‘Tire, 57—69; Goklen Gate, 3—3 1-4; Asphalt, 86—86; Hupp Motor, 13 1-8— Submarine Boat, 18—18 1-2; rhidt pages ee vee re Fe Litetil What v, 110% THAT ie > Maxwell a Grea eater Car date there have been 300,000 Maxwells of one “model built. Some of these have run more than 50,000 with President Wilson arid Secretary Tumuity, Mr. Cummings said ho was caling on the President to let him know what he had observed as to ‘he sentiment on the League of Na- tions and the political situation in the fourteen States which he visited recently, DOOR IUNNCUTONU TOTO NOON N UUOCLOC UO LO UUUVAAVOHEUARA TARTANA It is made better; it is made of better materials; it is made in better plants; by better auto- in general and France in particular, armed and equipped, ready for war. OFFICIAL FRENCH TREATY TEXT CAREFULLY GUARDED matics, better forges, better man- Document Placed in Fire-and Bur- glar-Proof Safe in Senate Disbursing Office. WASHINGTON, Jnly, 30.—Unusual steps are being taken to guard the official text of the French treaty, and these precautions will continue. until it has been finally deposited in th» State Department vaults. With the receipt of the treaty, which ‘ig the only copy in the United States hd bears the signature of Premier Clemenceau and the grand seal of the French. Republic, ag well as Prési- dent Wiledn's’ signature, the fron grating separating the exterior clerk from the rest of the Secretary's office was ordered closed and locked, Senate officials also declined to send the treaty to the Government Print- ing Office, but typewritten made inside the barred enclos- ure, Another precaution was the de- positing of the French treaty in a big vault in the office of the dis- bursing officer of the Senate, which now seems a particular cause of | U. & Stel ws. 110% | i62- on Bd portant shareholders in railroads is that any new imcrease in treght rates will be more than eaten up vy |Wage increases. ‘his as in line with precedvnt, Hadjlroad shares were in- clined to heaviness throughout the j#ession with the exception of New |Haven, whicn regaiaeu its early loss. ‘The best market demonstration was given ‘by the so-called Whelen Broup of tuvacco stocks, United Cigar Stores common soid up to 210 \and the preferred to 1211-2, a guin Jot 4 and ¥1-2 points respectively, ‘while Ketail Stores was conspicuous ly strong, selling up to 1091-2, a gain of 31-4 points. ° Maxwell Motors common Was one of the weakest spots in tne list, which appears due to the fact that the is- sue, in view of the readjustment plan |of the Maxwell and Chalmers Com- | panies, was selling out of line. This | Plan, it is reported, calls for an e vonsaae of securities of the two com- ¥ for a no par value stock in a new company in the following pri portions: Maxwell first preferred 66 1-2 per cent., common 170 per cent.; Chalmers preferred 95 per cent., and common 16 per cent. Maxwell de- clined 6 points. Studebakér, White Motors and Pierce-Arrow were also weak, |. New# in the late afternoon that the Federal Reserve Board had ad- | journed after only considering routine ‘ business had little effect on the mar- ket. Prices held firm with American Hide and Leather common and pre- be raised to several million men | worry on the part of bankers and im- |“ _ Orver | Wee's, H&M. OTH | BARNINGS. | ‘Southern California Edison Com- pany, six months ended June 30, 1919, gross $4,273,986; Increase $813,306; total income $3,094/178; increase $492,973. Owens Bottle Company—6 months ended June 30, 1919 Mfg. Prof.’ & $1,374,401 total incom: 5 Op. exp., $478,823; net earn- ings of Owens Company, $949,851; net earning subsid., $752,928; total net, 41,703,770; Federal taxes, $263,791; net | Prof., $1,438,988, Savage Arms—Three months ended June 30, 1919; Net after taxes $443,611, , against 615 a year ago. DIVIDENDS. | Standard Oil of California, regular quarterly of $2.50. Inland Steel Company, quarterly of 2 per cent, Sept. 1. ‘ Liggett & Myers Tobacco Com- | Pany, regular quarterly of 3 per cent. on common stock, payable Sept. 1. Harbison- Walker Refractories Com- pany, regular quarterly of 11-2 per cent. on common, payable Sept. 1. Savage Arms Corporation—Regular quarterly of 13-4 per cent. on Ist pre. ferred, 11-2 per cent. on 2d preferred and 11-2 per cent. on common stocks payable Sept. 15. ———>—_—_ regular payable Wright-Martin, 43-4—6 1-4; Morris, 141-2—14 3-4; 11-16—1 3. n-Montana, 89— 92; New York Shipbuilding, 61—64; 437; ‘Consolidated Ari- 1 Cresson Gold, Hecla, 6 3-8—6 1-2; Kinley- Darragh, 58-Gl; United Sta! Steamship, 3—3 1-8; ‘Perfection Tire, 1 8-16—1 1-4; United Profit, 8 1-4~ market irmgular: Allied 63 1-2—44; South, Amn. Goid, Delator Beverage, 19 4-4—20 1-: ‘Tire, 461-247; Amn. Ship, 42 Tire, 40—41. \ Two P. M. prices irregular, Tire, 13-16—11-4; McNamara, 79—81; Martin-Parry, 33 3-4—3371-4; New York Shipbdidg. 60-63: South American Fisk Tire, 46 1-4—47; 143-4; Allied Packers, : Ind. Pi 3-8—29 5. Col. THE COPPER MABKET. ‘The copper market is firm and big sellers term it saisfactory. Septem- ber and August metal is quoted at 23 1-2 to 24 cents a pound. No copper ig being sold beyond September de- livery. Consumers are said to be well stocked up for August, but it is be- lieved they have yet to buy the big- gest part of their September require- ments. While the major portion of the sales is for domestic account ex- port demand is increasing. It Will Show You Why some investors make money while others lose. How money multiplies when invested securities. in sound How to determine the dollar value back of your stock certificate. How to trade for profits in the stock market. And— 100 other facts that point the way to profits EL SALVADOR SILVER HECLA—WEST Ai Of present status and ability to profit by favor- able silver situation, Details, regarding properties, earnings, ete., of these five ver enter- rises and wine others 4 Booklet — Lo e URTEEN SILVERS” Copy gratis upon reque: 120732, Teauest for SCHMIDT & DEERY lembera Consolidated Stock Kachange ke, i» not only fire but also burglar | ferred particularly strong, the com- MONEY. POLK Co IDENT TREATY the preferred to 1) Transactions WILL PASS, SAYS PARIS for to-day were im the neighborhood of the million and a quarter mark. PARIG, July 30 (Havas).—Frank some time was furnished by the ctate- L. Polk, American Assistant Secre- | ment of esrnings of the Steel Corpora. | tries in which Stewarts are sold, to- ther witl lea 4 State In tary: of Slate, was quoted to-day by| tion, Issued after the close of the | fi United states as well as th Canada, weveral newspapers as optimistic re-, market yesterday, Probably not one|makes true the statement of Eugene garding the ratification of the Ger- ‘Stock Exchange member in ten be- |¥;,Jierrman. President of the Herrman man peace treaty by the United Heved that net earnings would exceed | tribut of Stewart trucks, that “the States Senate. | $30,090,000, ‘The highest estimate fun never sets on the Stewart motor It ia the Impression in Peace Con- /heard was $82,000,000, Actual figures ag Tent ference circles, the papers said, that | Were $24,881,000, This means that in the United States will mot accent any the second quarter of the year the|OEPORTATION BILL PASSED. mandates and that Great Britain company earned $2.50 for each share robably will assume a mandate for Bedotantinople and Turkey. | of common stock, or at the rate of $10 se ccbocnanaer aia, 07—_oooC- er. WASHINGTON, July 30.—A Dill to And the statement is even better |deport undesirable aliens, under which inan it appears on the surface. For|the Government may send home enemy Instance, be‘ore arriving at the bal- {aliens now interned in this country, was ance available for dividends, the ¢-m- | Passed to-day by the House. pany deducted mor t’ $11,000,000 for depreciation and sinking fund . Harry Bernstein, No. 918 Kelly Street, Payments. Tiewe deductions § were | nq wenel Smolen, No. 1001 Bryant Ave- actually larger than in the same quar-| 16, were reported to-day to be still in ter of 1918, notwithstanding the fact |, critical condition from injuries re- that net earnings were * much more |ceiyed yesterday when an automobile .jand a trolley car collided at Lincoln than half as big as in the correspord. |i and Kingston Avenue, Brooklyn, ing quarter of last year. Julius Spitzer is now said to have « fair Predictions are now being made that |chance for recovery. for 1919, earnings of the Steel Corpora- tion available for common dividends will mount to not leas than $20 per] pinGHAMTON, N. ¥., July 30,—Erie share. There seems to be considerble | rreight train No. 17 eastbound was foundation for this belief. In the first | wrecked near Deposit early this morn- six months the company earned 44.10 |ing. A brake wheel !s said to have for each share of common stock. In |caused the wreck. Trainman Urlison of the ‘oureent auarter carnin ale| Deposit, ls reported fatally injured, Thirty-five cars were piled wp, com- most certain to show a large incre pare ete eo pletely blocking east and westbound miles; many 25,000. Their total mileage makes a staggering figure, which even in these days of large figures is sensational. : is far more value there. Consider what a wealth of ex- In making more and more of perience is supplied by such a them the aim has been to make record—what a fund of informa- them better and better; and tion upon which to formulate _ there is more satisfaction in driv- the improvements to go into this ing a Maxwell today than ever Year after year of elimination ; —for a Maxwell is well nigh year after year of refinements, — trouble proof. . new values—but all developed —for it seldom takes on the from one original chassis, aspect of old age. made better and better —for it is everlastingly * as more and more were a dollar saver. built. ’ There is no car of the Obviously, this Maxwell day that offers so much of today is a greater car,» {ersiizerseilee for so little $985 f. 0. b. Detroit Maxwell Motor Sales Corporation New York Branch, 1808 Broadway Corner 59th St., New York City Phone Circle 5550 OPEN EVENINGS Bronx Branch. 175th Street and Grand Concourse ufacturing methods, It costs many hundred dollars more to make this car today than it did five years ago, There STEWART MOTOR TRUCKS. Call, mixed collateral, lending and For a long time Stewart, trucks have| renewing at 6; ali industrial, 6 1-2 been sold in twenty-four foreign coun-| per cent. tries, but last week the factory ap-| Time maney is 7 per cent, bid with weer, pointed « large agency in Shanghai, the | little new money offered. Renewa One of the pleasantest surpriseg|initial shipment of Stewart trucks ap-|are on this basis. Late Tuesday som speculative Wall Street has had in|proximating $25,000. ‘The addtion of|new money for 60-day period was China to the twenty-four other coun-|readily loarmed at 7 per cent. on all a ‘ industtial collateral. 30 "ae. | rR"Fe Of tion ‘Call money, mixed collateral, openca wee Remedies t ASE, Phila. Office, 628 Widener Bid, of New Yor! BANKING AND FINANCIAL. i Livingston Oil | Reports 7 Wells On acreage in which it has leasehold interests, May 21et, showing a daily pine Basted raven Aggregating 10,825 bbls. Oil Including jue! previously Of which the Company's interest is approximately 7,500 barrels Total Capitalization, $3,000,000, Outstanding, $2,371,940, Over20,000 Acres, Texas, Oklahoma, Pipe Li aneries, DRILLING OPERATIONS 41 more wells ‘in various stages i hold interests in the Heptiveses Rates “ Burkburnett Field, Texas, and 12 in Oklahoma’ Approximately ’100 carloads ot supplies are be: " corporation within the next two weeks to sare Tor here deine in the Burkburnett Field i Traded in on the New York Curb Hi House Measure Would Rid U. 5. rad es: a es Crash Vietiens tn Critteal Condition. <a pRTEeEe The Multi-Powered Car 4 and 6 cylinder 4 Pass. Roadsters ations of mills have | frame. id been speeded up and the margin of Descriptive Cirewlar and Maps on profit on each ton of finished steel EMPIRE ENTRI S. Requeet turned out has expanded. E c D.Knuarr Unless all indications $55) the Corel i. mere 'e ah, oe. poration will be operating at as near CITY, YorK BRS, N, ¥,, July 90, " <a a Capacity ts posaibe in the Anal quar. | "i> Soe eee alee Zstablished 1900 rn no bb Ansa of the year, and people t iM | age hale Ropven-e i Brome [asta Put yma WI formed regarding the company's af- |’ hones: Harpe Mi ‘ f eT faire believe. that earnings’ forthe | Sarat Gln tbe ily Wier his," Sincer Bunona = New Yore: Mi AG LATTA Goal three months will alone exceed | oy tall and tev ‘ana "1 rr TEL, CORTLANDT—2643-4-5, 8273-4. MACE $10 ber share. 10; x o The statements while not guaranteed, have been obtained from Ni} ii | of course is after |John't. tas, 108, \ AKIRA AAA ‘ — WT LN = deduction of all taxes. Oe rronta 118 . i i it = Unfortunately, the excellent Steet |sNemqiie what we consider to be reliable and auhoruaiwe sources. ih tlh mmergency. Ni statement comes at a time when the = mm T stcck market finds It difficult, be- | Tosa ‘end sleady, AWWW MUA cause of money conditions, to’ give proper response in the way of an/im- portant price movement. Bull specu- lators are now finding it necessary | to tomper their activities with cau- ton, Brokers are bidding 7 per cent. an waveually, high pe or time money, bu @ supply extremely ls : limited. Stock speculation is now al- i dont Janaois: 0dr Kumendoct |] om most wholly financed by the demand Sheuy ; money market, and even the supply 0¢ funds of this character is now be- i earce owing to larger bor | sxe. sux tw coming scarce owing ee en a Authorized Exchange Dealers :rowings for trade purposes, and with- 100; NEW AND USED drawals of deposits from ‘New York |igeat: z ituth by West banks wh Ma i. BUICK S fii Merron oe ee ') Corporation x te ne . another subst STANDARD OILS he ey group of git-edged ies to respond to @ booming mar- ‘We have made a careful study of the situation and prepared ia! wonderful companies, exp.aining what their neat future market moveneres Discriminating investors can secure a copy by sending us their request, Send us your inquiry today. L. L. WINKELMAN & CO. However, the