The evening world. Newspaper, August 13, 1919, Page 12

_ “British War Office Announces Of- © fensive on Dvina River and Capture of 1,000 Prisoners. 13-—ixn Bolshevik etal Anglo-Russian offensive on the »Dvina River on Avg. 10, the’ war office More ,.*han 1,000 prisoners, twelve “dela gine and’ many machine guns were ‘The fear and trepidation with which pmome few business men viewed post- (war conditions has been entirely put os of the high ar sors ms ons. bad B at Softee at Sith Street and ‘Coinehten’ with ‘much action: m- mrge GC. Sherman, Preascant ot both niversal Tobacco Machine 7 and, the adverusing agency of Bryan, Inc., repiaces W. F. un te, President of the Puiton . a, inders, until recently Vice Rresident, of the Army Bank, iA Ban ntonlo, Tex., has been elected - urer. Cat Page, who was New York gales manager for both the White been olcoted “vyon: Breakdent in chars eM ramiord, rormarty ot the Qide. tmobile Motors Company C.J UPy Motor Car Company, ts in charge: of juction, and C. 'M. Kraham,. for- ly assistant sales ma Of the ‘Truck Company, ie, assietan baler manager. CM. 8 ng ts aseia- ice Prosidents are J.C; ae REBUILT TIRES STAND SEVERE ROAD TEST An actual 3,600 milew aeross country res wan complished HL» Dirborough, ral or of the Suyold Ti Cur. rove up to the offices of © organization totalling: abo in the city after ye that milcage In. an of {ficial Tost wi * cago Automobile the ny erman Melhuish Motor T' who . Dield man tarted at the Chi- Club on agit, a Some of the worst road conditions| p.. imaginable were encountered on the trip it is considered by the ex- rte under Whose supervision it wa wld that the wervice rey pared favorably with 4,000 milos on city streets, ¥, Kdwards, Chairman of the Technical Committes of the Chicago Club, conducted the test verified. the perform No changes were and Mr, Edwards unbroken on the sparen, Savold Tire Corporation officials In'Ghicago and New York are satisfind that tost thoroughly proved the serviceability Practicwbility of the rebuilt tire and supported their $200.000,000 worth of ed an- en ro woale nu he ip was ma dincarded by the original owners and renewed by the Savold process, which builds up DEPOSITIONS OF BANKER READ IN MEANS SUIT Testifies to Deposits Made by Dooling, and Says No Effort Was Made to Conceal Them. CHICAGO, Aug. 12.—Despositions of Loren H. Rockwell, Assistant Treasurer of the Title Guarantee and Trust Com- pany of New York an@ of Dr. Richard F. Burke of New York, were filed to- day in the $1,000,000 sult of Gaston B. Means against the Northern Trust Company of Chicago. Means was ac- qultted of the mutder of Mrs, Maude A. King of Concord, NW. C. in 1017, The company has opposed the probating of the alleged second will of James C. King, millionaire, by which the entire estate went to the widow, who was a friend of Moana. k WALL » ture interest in Rockwell deposed that John T. Dool- ing, then Assistant District Attorney of New York, made twenty-two daposits, ranging from $80 to $40,000, between Jon, 7, 1917, and- Juno 15, 1918. He further teatified that neither Dooling nor the Northéfn Trust Company had attempted to coheeal amything in con- nection with the Dooling account. to-day [ Mr. y as follows: account, those deposits repres collection of the prindipal and a num- ber of thortg: collected by me for clients and re-invested by me on their ‘behalf, the amounts received in adjuat- ment ‘of legal claims and immediately turned over to clients. FOOD CRISIS AT MOSCOW. Soviet Government May Move Itx Offices to Ta! STOCKHOLM, Aug, 13.—A_ neriow food crisis has occurred tn Moscow, and there ia general discontent there with the Soviet government, a den- teh from Helaingfors to the Svenaka lad. says. ie tthe situation, Ih is nadea, In view of the Soviet government is thinking of their favorites. ‘Their outside buying. efforts mot with a measure of success during the morn- ning. Not only did most of the epe- cialties score substantial gains, but) there was a noticcable increase in) ‘Transactions again; STREET News and Gossip of To-Day’s Market—Present and Fu- Prices. oe In an endeavor to whip up public the: market, whieh has lagging since the Plumb Bill. ¢ advocating Government ownership of railroads, was announced, bull pools again to-day churned up the prices of approximated a million shares. Equipment and oll stock were made the market leaders. attract a following ditcult to most of these Issues, for it is k that profits are piling up in @ re- markable manner, and prospects of eased or extra cash of stock |N, be Crucible | 5'points, dividends are went up & points, Mexican Petroleum 3 pv! hts, American more than 4 points, N. Y. Air Brake a new favorite ne points and Baldwin Locomotive, spite denials of be cal fianctal plans ‘will soon involving important benefils to atockholders, went up 3 points. the standard stocks, out, tempting. Texas Ci Pan- arly 7 de- reports that new rried with large It has not been | in | nown from the sidewalls and cord, Moscow for Tula. leaving _ Little Servants of the Home | We take pleasure in reproducing another recent ad- vertisement of one of the great department stores of the City, as a further indication ‘of the growing appre- ciation of “the Little Electric Servants of the Home’ With Edison Service there need be no exhausting home labor, yet every part can be kept clean and sanitary, as in no other way. Electric power is now available for the home in a manner comparable with its availability in the best industrial undertakings of the country The cost of Edison Service is surprisingly little. For a family of five, the M@tuum cleaner averages about 15 cents monthly; the washing machine about 12 cents; the electric toaster about 35 cents; the electric iron about 70 cents; electric power for the sewing machine can hardly add 5 cents to the monthly bill All of these “ Little Servants” may be seen in practical operation at our District Offices ‘The New York Edison Company At Your Service General Offices: Irving Place and 15th Street District Offices where Electrical Appliances of all kinds are on display 424 Broad near Canal St 10 Irving corner 15th St 124 West 42d St between B’way & 6th Ave 15 East 125th St 362 t 149th St near Courtlandt Ave 555 Tremont Ave cor Monterey Ave near sth Ave 151 East 86th St between Lexington & jrd Aves Night and Emergency Call: Fa@agut 3000 However, very few excoptions, wore unable to make much headway, Steel at one time was able to show # gain of @ little more than @ point, all of which was lost in the late trading, Rail- road shares were extremely slugiéish. It is everywhere thought in the fin- ancial district that the Plum plan ts doomed, but the railway outlook ts #0 extremely complicated that only the), most courageous investor will buy rall~ way shares on a large scale ut present. Neither are the copper stocks able to ‘attract many market friends, Increas- ing evidence of industrial unrest has had such an effect on consumers of metal that they have completely with- drawn from the market, and surplus metal stocks are again mounting up- ward. So far producers have prices firm, but it should prove no surprise if the levél of quotations ts shortly re- vised downward. Toward the close the bear crowd which was mainly responsible for the sharp drop in the market at the end of last week and which has been quiescent since that time again made a raid on prices. Crucible, which sold at 1411-2, dropped to 1371- Steel broke through 104 and Baldwin Jost 6 points from the high of the day. ‘The tone at the close was very ner- vons and price changos Irregular, Now that the general character of financial news has become such as to make a further big bull campaign in the stock market inadvisable at this time, groups of speculators are devot~ ing their attention to special stocks which possess alluring possibilities, Baldwin Locomotive is the particular favorite at present. Yesterday it AUGUST SALE 23-Jewelled GOLD 7 Go where you will te pay 87 for Gold offered in the United States. Think of it! A gentleman's size genuine 23-jewelled adjusted watch e) for BT, ready for the pocket and guaranteed. have the | privilege of taking It te your own Jew- eller, und if he can duplicate it for ene cont less than #20 you can return it to us and we will refund your 87 a Lk: H 25 Sol Railroad OUR GUARANTEE turned, If tnsatielestory, within’ tenants E etthin fnd'wo will refund all. of your money sn BGUTTERGSON DIAMONDS, WarTcr ON THE SQUARE NASSA\ DIRECTLY OPPOSITE | 1: I7 e Sesae ‘ore e792 id filled | Rac Seana co, | | NHI JEWELRY | | CLOSING STOCK QUOTATIONS. Set High, aT% 08% 93% tant, 87% (hee, Ohio... Chi, MiL & St P Chin oCopper .... Com Prod, Co, Cructiie tae eter Gea, More Great Nor Ore. Jampiration Carper. Intertore Con Interboro Con, of. * e #28 & F FER FRESE ++ a pers ces FeKE Southam Pacific. Souttorn Mailway, Citerte Union Pecifie B, Ind, Al 8, Hubber , 120% 16 it 103% 116 108% us 87 5% - itei+ eres Me ft LIBERTY BONDS. Ist 4s, 94.00, 3.00; Ist 4 1-45, 94.16, up 04; 2nd 41-4, 94.16, up .04; 2nd off 18; 3d 41-45, 94.80, 14s, 93.14, off .16; Victory : Victory 43-4, = ee jumped 6 1-4 points and In the first few minutes of trading this moroing added nearly 2 points to its gain. Baldwin is in the mystery group. Al- though it is selling at about 114 it does not pay a dividend. Directors are not disposed to give official informa~ tion on earnings, It is pretty defi- nitely known, however, that they have been remarkably big and promise to grow bigger. All sorts of rumors are in circula- tion as to the company’s plans, One report has it that the Eddystone plant will be sold for a sum equal to ‘4 Nearly $100 per share of common stock, and that part of the proceeds will be disbursed to shareholders, Another report is that the company’s financial structure will be rebuilt, that com~ mon stockholders will be given three new shares for each share now held and that dividends at the rate of $ per share annually will be declared on the new stock, which would be the equivalent of $15 per share annually on the present issue. United States Rubber common was long the prime mystery issue. It made spectacular market spurts al- most with each succeeding day, with nothing but surmise to account for the movement. Officials were re- luctant to give any figures on earn- ings or intimate what financial plans were on the tapis. Now the best expectations of its market backers have been realized, ‘As exclusively predicted in this col- umn, the stock will be placed on an 8 per cent. dividend basis - 1 stock- holders will soon have the right to subscribe to one new share at $100 for each share held, This “right” to subscribe is worth about $12 per share. That the new dividend rate ig easily justified is found in the fact that earnings for the» first six months of this year were much the best in the company's historv. Fur- thermore, the company has built up ‘a working capital of more than $100,- 000,000. ‘There is good reason for believing that there are good things in store for stockholders of the Americiya Woolen Company. The common stock now hare annually. Not only fs es iy probable that thy dividend will be increased to $7 inside the next month, but there also is @ very live possibility that an extra cash dis- bursement of substantial proportions wil Ibe distributed. SARATOGA ENTRIES. Ot hele janoeavre, iol ‘alte ATR ‘@uaniee, aT? Ri i Hob He ‘ ; Kruter, that BR r Fimaliil, 108; Sedan, 108; | Crerpatahed He Will.108; Valerie West, 113; *Warly * Starter, 108. eon, BRACE- pward; 0 fee FO: Wee a: BL 1b; Edgemont, 120; rine, i ind aK ah 10 Bpein LG: rat : 1 ‘Cou ‘ulcanite,” 115 INGE ate _ Cate: ia ane wie 1 Watches at Cut Prices |)" 0. Termatin, 110% FIFTH RACK "Me ine: for. three-year-clte ard @ hurling, —Preetons, 1 Tiesilion, 100; AGS wn" Arrow 1 Bitsy Reconnt, | HR: Maller, JT: Wondtran, 18; ‘Tot ey } Md, 117; Comme Ci, “108: ft 08 “Wain Comets tions ay ° ee SARATOGA SPRINGS, N. Y., Aug. 13.—The entries for to-day's races are 1 three.searolds R nk 5 welling: _ for furloam. TO-DAY'S PRICES Total sales stocks, 953,300'shares, OILS ON THE CURR, Opened firm, Sinclair Consolidated, Cy 541-2; Sinclair Gulf, 63 1-2—53 5-4; Midwest Oil, 2—21- Midwest Re- fining, 164—167; Sapulpa, 71-4— 71-2; Elk Basin, §- 1-2; Cosden & Co. 101-4—101-2; Omar, 10-75; Sait Creek Products, 50-52; Lance Royalty, 7-8—1; Stanton, 17-8— 21-8; Victoria Oil, 221-4; Federal Oil, 23-4—3; Amalgarsated Royalty, 11-4—13. Barnett, 1-8—1-4; Boone Oil, &—81-2; Boston-Wyomin, 57; Product Refining, 81-4; rock Ofl, 5—6 1- 8 1-2—33-4; Y. Oil and Gas, 5-8; Houston Oil, 115—125; Intern Uonal Petroleum, 27 1-2—29; Ol, 6 1-2—6 5- Hudson Oil, 1 } Texas Ranger, 33-4—4; Simms Petroleum, #1 1-2—32 1-2; Merritt Oil, 22 1-4—23; Gulcan Ol, 12 1-2—13 1-2. Noon prices strong. Simms Pet 31 1-2—32 1-2; Shell Trans., 69—69 1-2; Cosden, 10 3-8—10 1-2; Sinclair Gulf, 54 1-2—64 7-8; Sinclair Con., 56—66 1-4; Merritt Oil, 22-22 1-2; Cities Service, 4 3-8—45 1-2; Amalgamated Royalty, 1 1-4-1 3-4; ‘Transcontinental Oil, 45 3-4~-45 7-8; Omar, 65—70; Range 3-4—7-8; Texas Ranger, 3 5-8—3 7- Boone Ol! + 8 1-4—8 3-4; Western States, 3 1-3-4. Two P. M. prices dull. Guit 641-2 Sinclair Sinclair Consolidated 55; Merritt 233-4, up Com. Pet. 58 1-2—691-2; Simms Pct. 31 1-2—82 1-2; Shell Trans. 681-269; Midwest Ri fining 167—169; Houston 116—130. The close was steady. Trans. Oil 46, up 8-4; Sinclair Cons, 64 1-2, up 1-4; Merritt 23, up 1-2. THE CURB. Opened firm. Aetna, 10 1-4—10 1-2 Perfection Tire, 13-8—11-2; Philip Morris, 13-13 1-2; South American Gold and Plat., 9 1-4—9 3-4; Boaton- Montana, 79-81; Submarine Boat, 16-16 1-2; United —_Profit-Sharing, 2 7-8-8; Big Ledge, 9-16—11-16; Mar- conia of America, 5 5-8—6 7- son, 2 3-4—3; © Hecla, Magma, 38—42 Hupp Motor, 13-18 1-4; Col. Graph phone, 4—50; Otis Steel, 37 1. 38 1-2; Wright-Martin, 4 6-86 1-4, Noon prices strong. Am. Ship., 42— 421-2; Hecla, 5 1-4-6 1-2; Aetna, 10 1-4—10 1-2; Allied Packers, 69 1-2— solidated Arizona, 1 3-16—1 5-1 =12 5-8; Philip Morris, Pressman, 11 1-4—11 3-4; Submarine Boat, 16—17; N. Y. Shipbuilding, 54— 57; Cresson, 2 3-4—3; Otis Steel, 37 3-4 88 1-2; Col. Tire, 40-42. Two P. M. prices dull. Intercon- tinental Rubber reacted 1 from. the high te 23; Boat 16—17; American Paper 14—15; Allied Pac! 0 American Ship 42 1-8—42 3-8; Tobacco Products Exports 36 1-2--23; Oti Steel 38—39. The close was steady. Tob, Pro. . 86, off 1-2;,Gen, Asp. 78, up 1-4; t, Aniline 50; Allied Packers 60, up -2; Int. Cont, Rub. 23 1-2, up 4 1-2, GASOLINE PRICES REDUCED. Gasoline prices have been reduced one cent in North Carolina, Louls- jana and South Carolina, tank wagon basis, making the present prices ag follows; North Carolina, 25 cents a gallon maximum, 1-2 cents minimum; Louisiana 22 1-2 cents maximum, 21 cents minimum; South Carolina 27 cents maximum. % 1-2 cents minimum. MONBY. Call money, mixed collateral, lend- ing and renewing at 58-4; all in- dustrial 6 per cent. The banks Jost to the Sud-Treasury yesterday $2,180,000, and since Friday $3,362,000, EXCHANGR. Franc and lire checks continued weak, declining to 7.77 franc per $1 and 9.09 Hre per $1; marks cables were easier at 55-8 cents; a new low; demand sterling was lower at $4.31 1-4; Belgian cables were 8,04 francs per $1; Swiss cables 6.68 francs per $1;\ peseta cables 19.12; Stockhalm cables 24.90; Vienna crbles .02 1-2; sterling cables $4.32: francs unite per $1, cables 7.75; lire units per $1, cables 9.07; guilders demand, 37 3-16, cables 37 3-8. DIVIDENDS. Atlas Powder Co.—Regular quarter- BANKING AND FINANCIAL, ae X DIVIDEND PAYING AND PRODUCING COMPANY JAGGERS:- WALLACE Oil Corporation-$2 a Share 20,000 Barrels Monthly and 8 New Wells Contracted For. Three 5% Quarterly Dividends Paid. Next 5% Dividend October 5, 1919. ¥ Wall ells to be ive more Jasgers: o wells, to be arining 154 4 Et 100 ‘feet of our i $ sed to Increase production wi Mm a $5,000, Par value $1, Stock ‘ding, 850.000 shares, “"A limited olfering now at $2. 2 share—money back in 10 days if not saistied after thorough investigation. BANK REFERENCES: Wu, |. & M, National Bank, Fort Worth, Texas, at Kid, Oklaioma, il american Natl Bank, Wichita Falls, Tex, Write for Full Information To-day, JAGGERS-WALLACE OIL CORPORATION. 60 1-2; Fisk Tire, 45 1-2—45 3-4; Con- | Brit the p . lylield only when ly of 3 per cent. én common stock, payable Sept. 10, F. W. Woolworth Company regular quarterly of $1.75 a share, payable Getto de 2 ci reo fro de Paseo C GRAIN. Range for the day at Chicago: Seotemime Deceniter May Fetenter Septeethor Sentember Omer Corn Sept., up 3-8 to 5-8; Dec., off a ce 1-2 | May, off 1-2 to 5-8; Oats, pt, up -8 to 1; Dec. up 11-4 11-8; May, up 11 sf sg Qhes of ages, ia 79 Sha S24 1.5 Western States, | 13" 1-2—|) NOTES. The Alien Property Custodian has claimed the, ownership of eight member- ships in the Coffee and Sugar Exchange as ollows: Edw. L, Behrens, P. M. J. Ebrenbaum, F. S. Hassel, Otto T. A. Hassel, H. T. Joswich, Emil Abbert Schilling and GCF Meyer ™ FRANGIS CALLS. LENINE AN HONEST FANATIC Trotsky an Adventurer Without tions, Says U, S. Am- bassador to Russi David R Francis, United States Ambassador to Russia, spoke this afternoon to 300 members and gues of the Advertising Club at its rooms, No. 47 Mast 26th Street, og the subject of “Russia.” Mr. Francis said that 95 per cent of the Russian people are against Bolshevism as now administered, He regards Lenine asan honest man, but @ fanatic. “However, honest fanatic in a bad cause Is worse than a knave in a good cause.” Of Trotsky Mr. Francis said: js an adventurer, He hasn't a single conviction, I see he and Lenine have had a falling out That is not sur- ri ‘They Rave had many differ- ast. Convi “He But Trotaky wil) he is utterly beaten,” BANKING AND FINANCIAL. Oils, Industrial: Mining and Cur Securities are covered most thoroughly and comprehensively in the STONEHAM WEEKLY MARKET LETTER 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 ali the active issues as well as the High and Low Quotations record for the year to date. Ask for Letter 30. Charles A. Stoneham & Co, 41 Broad Street, New York BRANCH, —Dett Nwatikoe— Fiford=Whliadelphia~“foronta shed 1003, No Promotions, FINANCIAL NEWS AND PRICES. ||PERFE TIRE RUBBER CO. VE YOU investigated the bilities of Perfection Rubber? Livingston Officially Listed New York Curb Booklet and Maps on Reawest C.D.Kuarr Jaa Established 1900 tevasrrmrer HIGH & LOWCURB BOOK Contains complete record of prices on all New York Curb issues for 1918 and up to June 30, 1919, —Also of all mining stocks traded on Boston Stock Exchange and Curb, San Francisco, Los Angeles, Salt Lake City and Toronto. —Data include capitaliza- tion, par value, dividend rates, etc. EVERY INVESTOR & TRADER should have a copy. Get yours before supply is exhausted. Free upon request for 124-38 SCHMIDT & DEERY Members Consolidated Stock Ezchangs of N.Y. New York Main Otte [i coun road Bio. wire . 16 “el / Phila, Office, G28 Wiles Hin 8585 28 Widener Bide. “10 otis sits, 20 HAVE YOU EVER TRADED PUTS 4 CALLS? Most satisfactory of ah methods ot speculation, for sonklet B18. ‘len apetial “itor Hows rede ie tho Stock Market, bed Randolph Rose 50 BROAD STREET, NEW YORK Phones Broad 6360-6361. PUTS $ er, Chino per Delatour Beverage Amer. Smelters 67 Exchange Place REAL INFORMATION and facts mean success in the market READ— “Market News and Views” Special articles on May Dept. Stores Jones Bros. T: aie Cigar Stores ding Rex Con. Sample Copy free on Request. KARDOS & CO. Members Consolidated Stock Exchange of N. Y. Byer at r japulpa Ref. Morland Ref. Cresson Gold New York Phones Rector, 3949-3950-8592-9490-8139. | ceieustieeeesiitalliteelill Bought Phone Broad 2755 Motor Appliance Corporation Sold HERBERT T. HEDGE ¥ Specialist Quoted 15 William Street | es in PU 177 Motor Appliance Corporation STOCK Detailed Information on Request TRADED IN ON NEW YORK CURB RDY & COMPANY 34 Pine St, Members N. Y. Curb Market Ass'n. New York