The evening world. Newspaper, August 12, 1919, Page 12

VTINS OF PANTERS STE Apartments to be Rented Without Decorating, Say Agents. ‘With the painters, paper-hangers decorators of the city ready to go out on strike, the diMculties fac- hunters increase. Realty agents said to-day they would be able to rent their apartments just as they stand. Some landlords al- ready are capitalizing the situation by refusing to make renovations, throwing the blame upon the paint- ers and labor conditions. It seems ‘ever| probable the general strike of the EE. us be or reid tor $52 | trict Council of New York, denounced en SUNDAY WORLO WANTS WORK wowo: 5 fear i gg: 2 yranon 14,000 members of the New York dis- trict of tho Brotherhood of Painters, Decorators and Paper-Hangers wil! 8. P. Donnelly, secretary of tne Building Trade Employers’ Associa- tion, at No.“30 West 334 Street, said t6-day demands ofthe union for a per cent. increase In wages ard a © per cent. reduction in hours are much too high. “The trade,” he con- tinued, “can’t stand it.” He threw the for breaking a trade agreement the workers and employers upon the union. ., At the strike headquarters at N: 166/East 56th Street the leaderg pass the blame back to the employors. ex-| Philip Zaausner, secretary of the Div- the employers for trying to put the blame on the strikers, “They locked out our men,” he said, “two months ago. When we took the matter up to the Trade Committee and won the decision, the bosses did not enforce —|the ruling. We issued a forty-eight ng (hour ultimatum demanding that they C a package before the war C a package - THE FLAVOR LASTS SO DOES THE PRICE! during the war > and w Burglars Cut Through Wall Into Bowery Clothing Factory PEBPBORDDLEDGDI4E4 BID DRO OEE IEDESOROOEORORODOD Ww ER IDBDOODOQDOOOOGQOOOGDOHGOHGDGDOGQODDHOPOODHGOGDHGHGDOOODSOO reconsider, This was ignored and we took steps to organise this move, for they broke our agreement.” ——— $100,000 BANK SHORTAGE. LORAIN, 0., Examiners and the Board of Directors of ‘the City Bank issued a statement to-day that a shortage of $100,000 has been found in the bank's accounts and that W. W. Treble of Lorain, assistant cashier of the bank, has absconded, ‘OMicials of the bank declare the depos tors are amply protect Aug. 12.—Gtate Bank CHISEL THROUGH WALL AND GET $4,000 LOOT Burglars Work for Hours at No, 244 Bowery and Carry Off Fur Coats. Burglars chiseled = their. way through a brick wall two feet thick this morning to get into the plant of Stark Brothers, clothing manufac- turers, No. 244 Bowery, where they got about $4,000 worth of fur lined overcoats and other fine garments and materials. It must have taken them hours, because every brick had to be! thiseled out, and the hole they made ‘Was two feet wide and three feet long. ‘ ‘The police, having learned of the robbery at 8 o'clock this morning, »| Warned the victims to “say nothing,” but the victims are particularly sore WALL STREET News and Gossip of To-Day’s Market—Present and Fu- ture —— | : | confused because of the complex la- }bor situation that trading in the | stock market has practically fattened out. Transactions to-day were the \emaitest in many weeks, and barely exceeded 700,000 shares. Also, the trend of prices is most ‘uncertain. Both bulls and bears seem content to let the market have @ resting spell until new and decisive factors are injected into the situ- ation. ‘The recent success of Amorican Car ‘and Foundry in advancing more than 16 points in the face of an otherwise weak market encouraged bull cliques working in other equipment shares. They commanded most of the interest Bald-|\) displayed in to-day's trading. win Locomotive was the leader. It advanced about 6 points without meet- ing an important amount of profit- taking, while American Locomotive, Pressed Steel Car and other equip- ments went up from 2 to more than points. spread the impression that the death of Andrew Carnegie will result in im- portant liquidation of Steel stock for account of his estate. This should not be given serious thought. It may be stated that Carnegie was not a holder of record of Steel shares. ‘The bulk of his interest in that corporation was | represented ‘by mortgage bonds. It will prove most surprising if these |are placed on the market, However, the report of the pro- bable quidation of the Carnegie | steel holdings had most to do with the decline in Stee to below 103 this | morning. Later, however, the effect of the story wore off and Steel rallied | to above 104 1-2. There was quiet, though persistent buying of tobacco stock throughout the session. This is based on ex- pectations of a big consolidation of | various companies involving Retail | Stores, Tobacco Products and Lorillard. These stocks advanced to- day from three to five points, Financia) sentiment has become so There was a vigorous attempt to/| ; because this is the third robbery In’ Coppers and rails moved irregu- “FINANCIAL NEWS A CLOSING QUOTATIONS. 1. bow, * a wae 105% 118 mH Ob — 88% m4 «a 1% 4 +3 . i i i | re 2 r 153% + 1 TA] cf | we 0% 490% — Hi B+ i te 113% hee uf fet | tee or es 8 ERK RRS E TEE 102% 100% + % 6% BK + Be K+ 1% LIBERTY BONDS. 8 1-3e, 99.84, off 12; 1se4s, 94.10; 2d 40, 41-48, 99.20, off 26; 34 4 1-48, 94.92, off Victory St. Louls-San Francisco System —January gToss, $6,590,822, increase $844,611; six months’ gross $36,806,105, increase $5,403,384; net operating in- come $4,944,364, increase $2,246,426. Canadian Pacific—First week of August $3,443,000, increase $560,000; from Jan, 1, $92,527,000, increase $7,509,000, Pacific Gas & Electric Company— For twelve months ended May 31, 1919—Gross operating revenue and miscellaneous income $24,886,137; sur~ that place within a year. The first tarly, [t has developed that the bis one netted $6,000 worth of goods. surplus of copper metal stocks is not After the secand robbery the place was elaborately protected with ¢lec- tric alarms, and that is supposed to ee. Me, reason why the burglars this time decided to bore through instead of trying doors or windows, The robbers got into a back: next door, jimmied a window of the Mijeluing, buildng, and then went to worl Last Saturday night in the same block there were two attempted bur- giaries, In one place the burglars romoved ventilating fans,.and in the otber took out a sh . ARMY DEMANDS MEXICO FREE AN AMERICAN PRIVATE Carranza Rushes Troops to Replace Chihuahua’s Mutinous * Garrison. LAREDO, Tex. Aug. 12—United States military authorities here have demanded the release of Private Celec- tino Flo ‘Thirty-seventh Infantry, arrested Sunday in Nuevo Laredo, Mex, epirator. He went to Nuevo Laredo in civilian attire to witness a prizefight and is alleged to have made anti-Car- ranza utterances. Juarez, Mex., Aug. 12—Three hundred and fifty Federal troops were on their way south to Chihuahua City to-day from the garrison here on special trains, It was rumored they were being sent to replace the mutinous garrison at Chi- huahua City. Among fifteen of the Chihuahua con- splrators ordered executed are Gens, Lasaro Alanis, Reuda Quijano, Manuel Gutierrez, an ex-bandit, and ten others, Senor Alanis was reported to have been arrested with her husband, She became famous during the Orozco rev- olution of 1912, when she rode into Juarez with a band of rebels, took possession hours, oe BLOCK PARTIES FOR IRELAND Brooklyn Streets Decorated To-night’s Fetes, All, Brooklyn i to be a great block party to-night. The streets in twenty-one of the twenty-three As- sembly Districts of the borough havi been decorated with flags and light: numerous bands have been enga: and the wholé population Is prepared for @ night of outdoor enjoyment. The Democratic county organization fixed this date for the benefit of the Irish republic. It is expected that the receipts will aggregate $0,000. The streets In the 22d District are being repaved and the party is being abandoned on that.account, A euchre will be held on Sept. 24. The 28d Dis- trict party has been postponed one week. TO CUT BREAD TWO CENTS. PHILADDLPHIA, Aug. 12,—Bread, fresh fish and vegetables will be ‘sold for as Soon as the stocks at cost is found to be a success, Director Jose Market commission, announced to-day, Arrangements have already been made, with two bakel imposed to the public at loaf less than the present + charged with being a Felix Diaz con-! of the Plaga and held it twenty-four | 4\'puying prevented the public from all city police stations ot Government Maclaughiin, of the ‘whereby being worked off to an appreciable extent and current demand for the metal Is insignificant. In the late trading the market took on @ stronger tone, due mostly to better reports on the labor situation. Prices closed at about the highest of the day. Most conservative brokers, how- ever, continue to advise that great discrimination be exercised in mak- ing market committments, They ex- press the belief that there are too many dangérous possibilities in the situation to permit a continuance of the ‘upswing on an extensive scale, and that a trading market will be witnessed until the speculative atmo- sphere is greatly clarified, Pending new developments in the ‘financial situation the ot has , settled down to a trading affair. The | Public, apparently much confused by the events of the past week, is hold- ing aloof. Professional operators are reluctant to make new extension con- tracts. News regarding the labor situation and the campaign against high living cost probably will do much to govern the immediate trend. Bears have made a vigorous at- tack on the market which was only partially guccessful. They were dis- appointed at the comparatively small | amounts of stocks they were able to dislodge. U. 8. Steel refused to co as low as par, but now the pull group | are reluctant to make a new cam- paign until public confidence returns, Buying in the market is largely centred on special issues that are. known to possess intrinsic value far in excess of current market quota- |tions. American Car and Foundry |Company is the case in point. The net cash assets of this company amount to more than $160 per share of common stock, compared with a sell. ing price of about $130. If the divi- |dend is increased from a 8 per cent. to a 42 per cent, basis next month, as now expected, the income yield at $130 will amount to more than 9 per cent, Every time U. 8, Steel has a mar- ket reaction, strong buying from what | 48 commonly known as inside accounts makes its appearance. This class of the stock from ‘breaking par when the bear group made a vigorous attack at the close \ot last week. The liquidating value jof Steel common is estimated to be | wel in excess cf $200 per share, The strength of Retail Stores, To- | buccos Products and the Lorillard ‘x | understood to be due to the expecta~ | ton of @ consolidation between these three companies. | Large stockholders 3 t less than 21-2 shai Stores for each share of stock now held by the The Stock Exchange has stricken from the list American Malting Com- pany Gvaranty Trust Company cer- referred stock, Drug Company subscrip- rat second installments {ficates of deposit stamped for first pref ‘and has admitted to plus available for dividends on first preferred stock after providing for maintenance, operating expences, all taxes, interest, sinking funds, de- orgy and other reserves, $3,637,418. . Union Pacific System—June gross $13,583,575, increase $849,605; —wix month: gross $79,273,361, increase $12,460,696; net operating income $17,- 763,362, decrease $94,537. Atchison System—June gross $15,- 716,103, increase $922,174; six months’ a $89,774,968, net operating income, $11,926,437, de- crease $8,089,071. Western Union Telegraph Company —June telegraph and cable operating rev $8,704,236, increase $1,606,841; six months’ telegraph and cable operat- ing revenue $47,178,624, increase $5,- 456,924; operating income $8,696,302, in- crease $1,155,753. DIVIDENDS. Atlantic Refining Co., regular quar- terly of 5 per cent., Sept. 15. Canadian Pacific Ry., regular semi- annual of 2 per cent, on prefer-ed stock, and regular quarterly 2% per cent: common, both payable Oct, 1. Standard Oil of Kansas, regular quarterly of $3 a share and usual extra dividend of $3 a share, payable Sept. 15, Canadian Car and Foundry Co,, regular quarterly of 1% per cent. on preferred stock and an additional 1% per cent. on account of Yeferred divi- dends, both payable Oct. 10, Manhattan Shirt Co., regular quar- terly of 48% cents a share on com- mon, payable Sept. 2, Acme r quarterly of $1.75 per share on first preferred stock payable Sept. 1. Copper Range Company—Quarterly of 60 cents payable Sept. 15. Previous declaration was 50 cents and 6 months ago $1 was paid. General Asphalt Company*-Regular quarterly of 1-4 per cent on preferred stock payable Sept. 2. quarterly of $1.75 on preferred stock payable Sept. 2. ctl = AIR be oJ ymerenee a tony far, “You, ought to take © day off and go fishing, “No, nswered the hardworking rather stay in the office nd think about fishing than be out in fishing boat thinking about work.” BANKING AND FINANCIAL, PERFECTION —TIR RUBBER Do you know the details of the com. iny’s $56,000,000 comtract with Key- tone Tire & Rubber Co, and the ex. for T per cent. preferred rat and Butte's July production totalled ibs. copper, | 008,80 w+ % ae % 50+ + 6% 101% + 1M mu % werere O% 14+ 1% 110% + 1% 93.04, up 2; Ist 4 1-48, 94.20, up 90; 2d i increase $5,627,540; | National Cloak & Suit Co.—Regular |, ND TODAY'S PRICES Victoria Oil, 2—21-4; Stanton il, 5—6 1-4 Bi Cosden, 101-4—1-2; Shell T 69—3. Merritt Oil, 22—2 , 33-4—4; Noon prices strong. —1-2; Amal. Royalty, Creek, 51—' Island Odi, ¢1- ‘Tran. Oil, 44 1-2—45; 1-2; Sinc. Gulf, 53—! tatos, 3 163—165; Gosden, 10 1-4— 2 P. M. prices quiet and steady. International _ Petro! + pf + ecrypger, #74 Royalty, 11-8—1 3-8) ‘lair Guilt, 63 3-463 1-8; inolair Con,, 53-53 1-2; Tram, Oh, TRE CURB, Opened firm, Caledonia, 37—' Ledge, 5-8—11-16;. Boston-Mont., 7882; N. Y. Shipbuilding, 64—58; Sul 16—17; U. 8. St fection 10 1-8—i-2; Golden Gate, 27-8 Hupp Motor, 12 8-4—13; Al- ckers, 58—60; Colonial ‘Tire, Indian Packing, so Sub. 2 P M. prices quiet and steady. Savold, 57-59; Columbia Grapho- phone, 1-2: Philip Morris, 13— 18 1-8; Allied Packers, 58 1-2—60; Otis, 37 1-2--98 1-2; Heyden Chem., 10 3-8— * 38 1-239; South ae Gold, 91-4—9 2-8: Amphalt, GRAIN. Range for the day at Chicugo Croset, "Chane: Wl «101% V8” a lang Ips + Tea T1% va wie Call money, mixed collaterals, opened 6, high 6, low 6 1-2, renewals closed 5 1-2; all industrials pened 6 1-2, high 6 1-2, low 6, re- newale 6 1-2, ruling 6 1-2, closed 6 per cent, Gold aggregating $150,000 has been withdrawn from the Sub-Treasury for shipment to Sobth America. Gold shipments since ie embargo was lifted aggregate $128,472,000, of which $67,150,500 was for South America. EXCHANGE, Opened generally firm. Demand ———_—_ BANKING AND FINANCIAL, nn Motor A Trading Commences Phenes ie Members N.Y. Bought HERBERT G cme Sine. Con., 69— 1-2; Com. Pet., Corporation _- STOCK Detailed Iuformation on Request PURDY. & COMPANY 34 Pine Street, New York Motor Appliance Corporation Sold proms | CIA lorie Wi NP CET es ie ca |sterling was $4.31 5-8, up 1-4; and ifranes 7, checks 7.67 francs per $1, wp [two centimes. Bei, |Sof~trance per $1; cables | gables .02 1-2 cents; steriing cables $4.82 3-8; francs, units, per $1; lire, units, per $1, demand, uilders, demand, 87 3-1 ! Brokers’ Hand Book AUGUST Number of SECURITIES St. 56 Bite Ted MurrayHils 1120 NEW YORK Philadelphia Detroit Mttebareh Ghicago Direct Private Wires Boston Tel, Broad A DIVIDEND PAYING AND PRODUCING COMPANY | JAGGERS- =|WALLACE Oil Corporation-$2 a Share 20,000 Barrels Monthly and 8 New Wells Contracted Fi Three 5% Quarterly Dividends P: Next 5% Dividend October 5, 1919. Five more Jag Aritted, all near mona ‘district—2 st i, 5 feet of our another 5.000 barrel well within 200 yards of our line. nt stock issue to be used to increase us rapidly Safe, experienced. aggremive managemen’ Capital, $5,000,000, Stock A limited offering now at $2 per share—money back in 10 days if not satisfied after thorough investigation. BANK REFERENCES: 'N National Texas. stlonet Banks fetd,“Okiahase American Nat’! Bank, Wichita Falls, Tex, JAGGERS.WALLAC! OIL CORPORATION. Fiscal Offices, 512 Fifth Avenue, PUTS $ NEW YORK CITY. CALLS ODD 10.77.20: HAVE YOU EVER TRADED . Pots siheae ot ES eee ‘a the Stock Ms Randolph Rose 50 BROAD STREET, NEW YORK 5 fy Ri F.aM. Enid ppliance Tuesday, August 12 Curb Market Association. Quoted T. HEDGE