The evening world. Newspaper, September 29, 1919, Page 12

"2 ~ PRESSEN'S CHIEF SAS THO Locals ARE OUTLANED Berry Declares New Unions Are Gaining; Look for Trouble Wednesday. George L. Berry, Pres! Taternational Pressman's: Uni tween New York job printers and) and ships of Ame and Feeders’ Union No. 23, arri from Chicago to-day, Tho pressmen have declared and more openly the aspect of a dec- ar by a section of the! ing @ vital industry Pressmen's Union N openly that he is the cause of all their trouble, barges this morning. ‘The charters of the pressmen's and * feedrs’ unions,” he eaid, “have not) beet suspended, as they eeem to think. They have been revoked, irre- | Yooably cancelled. They are gone and the men are through. ‘The only way in which they can aMiliate with the Internationa! again is to join the new unions now being formed in the Sun Building by Mr. McHugh. “In refusing to pay their dues imo! the International, these men have automatically revoked their char tonal unions of the printing trade: will refuse to work with them. They will not be given the new cards of Oot 2, and they cannot get empl ment in any union shop in this ¢ without the cards. The new un are getting lots of recruits, , charges of mish 8 and office 1 will have 4 later on, lots to say ‘The employini the newspapers are preparing for worat on Wednesday. Many of them | have declared th New York and so vangements to do so. A strike or they will leave lockout of the two unions involved | ne the of employ- | 4 ment 7, or $000 pressmen and teed: | means the throwing ers. The Employers Committee said this morning that it makes no differ whether the ther kin- dred union om strike on Wednes- ‘or apply for work, ‘The result will be the same. eeting of “Big Six,” the lo- eal typographical union yesterday, it was decided to stick to International rules while stil! continuing to nego- tiate for the 44-hour week. je meeting, held in Star Casino, 107th Street and Park Avenue, was at times turbulent. Mr. [ouse, who presided. devoted bar of hia time fo @ denunciation A jen G. Scott, Presiden’ of the International ‘Typographical Union, Who had appealed to thesmembers of “Big Six” over Rouse's head to abide ‘by the laws of the union governing to the report of meetings with sand Allied Printing Trades 0. tind ecia tions of loyalty to the {uternational union, “If every other man in New York gives up his card except me,” Rouse ga “I will remain in the I. In explaining what the Executive #4 Committee had done, Rouse asked for the adoption of a vote of confidence, saying results could be obtained without a strike of printers, In this he was backed up by James J. ley, leader of the seceding n. Explaining the campaign of pubilcity, he said it was planned with the hope that “some day we will have an In- tel tonal President who thinks as After the meeting adjourned to meet next Sunday, Rouse declined to tell» ‘shop chairmen what method weuld be folowed to obtain the 44- heur week. All were to stay at work until they were ordered to the con- trary. Solid 14- 0 Solid. 4 fer ‘810,75, jatoh i seh we mill wine ali lie iS watch we will Kive all the | giertrea "ie thes winl e ou Hf eG a'eloek to. Thin sate is only fe TO-MORROW iw the 40 secure we have. ‘direct “to the, public "have i ptand Ms i every know the U. 5. Mint solid 19 make wna ARANT RED This marely GU BALL ot wate! wortbeueg “tr San he resurned tous within ten dats it. # ‘Unsatisfactory, and we will refund all of Tequent, yh orders will be filled promptly at | WASH BLLTS it remiltance necompanien order ‘bell 1o ©0' erpenne of Smalling, iussrsn “the ‘right’ to reluse ‘dealers. jy, Baliread ‘ON THE SC PEOPLE OF LONDON |GET FOOD IN SPITE OF RALHAY STRKE (Continued from First Page.) nd had been invaded announcement a serious effect on ship- the closing of| ports of the nt of the The Board of United Pingdom ww pre rike will cause a shortage | aotoncy coaling stations | can and other na- to get any there. » takes on more who is the storm centre of the fight be- tions will be unable will be ‘clock in St, Columba’s R, C, Churen, Wenty-fifth Street, between Bighth and Ninth A be in Calvary Cemete The honorary pallbearers will be Gov, Alfred B, Smith, Mayor John F, Hylan, Comptroller Charles L. Craig, Aldermanic President Robert L. Mo- ran, Commissioner of Works Michael Loughman, Borough Presidents Edward Riegeiman, Henry KE. Connolly and Calvin D, Van Name; 5 of Tame I Clerk Frank J, Goodwin, resoluti j Workers contre against the community, Mg. Berry smiled when told of these demands, which could nc pn if the Cabinet's pted, ure a mere pre Leaders of the men de can hold out two or three weeks at thus early many works and collieries have closed down thousands of men have been thrown out of employment. ‘The detertuination of the Government | all the resources at its com. ling of naval and under orders of tr ra. | The members of all other interna. | still operat nodate the crowds. London business houses again Undermanned the Inability of the workers to reach | That for cightee Ig of th eimprovined ur- jon was the| ban transpor Manhattan, “he exercised u masterful grasp of the Printers outside of complex problems arising out of the} rowth and development of the great| there has been a marked falling off in the number of automobile thefts. hifer are out on ball who probably will be forced to r ehty, which nh ehave made ar. | » until transportation i imp tions within the gift of the people the meeting the members | 1 went in & body to the Dawling home, | 1 West orrow the Board of Aldermeg, | hicles. Mr. Dowling served for sev- oe ee enteen years, will meet and adjourn | Sem out of respect for his memory Race Rio fabulous price nee | a GIVES UP PREACHING RATHER THAN FLYING Rev. Lieut. Neilsen, Late of the U. S. Flying Corps, Sends Peppery Reply to His Bishop, Sept. 29—"Quit fly. hing,” wax the lac sional investigation of BROOKLYN BOY KILLED. riots over the country proposed a res- Child Who Ran in Path of Automo- Dien Joseph Maxzorkowitz, seven, of No. Hopkinson Avenue, Brooklyn, was run by an automobile near his home LINCOLN, Neb. A. J. Nielsen of | *# recently known Stuntz on th chine. lle was not arres just choose be ——— d the Bishop, cannot do both.” Rishop Stuntz holds that it is not TOLEDO, ©. Sept. 29.—Bandits after midnight entered the cloth that a minister should engage |) Nielsen sent back will withdraw oppose the Meth __ BANKING AND FINANCIAL. To his friends the that he was glad to church, where only the Ka thodist Bishoy lxen was ordained three After he had been preach= ing a year he astounded his cong ad come for him to ple and take up his that the time ed with distinction in the Mying and has been tion flights since his 4 MEXICO GAN'T GET ARMS” pase from the K. Gold United States Has All Consignments Will Be by The Pree Py a fforts of secret ne Mexican Government to obtain large quantities of arms and am- trope will meet with fai is understood the Unit such consignments will be authorities are THE EVENING WORLD, MONDAY, SEPTEMBER 29, 1919. ESTIMATE BOARD ‘GARAGE MAN CHEF|(FINANcIAL NEWS AND PRICES EXTOLLS DOWLING'S OF AUTO THIEVES, LONG PUBLIGLFE SENT 10 SING SING Visit Home of Déad Leader—| Fourteen Stolen Cars Found | | Honorary Pall Bearers Named | in His Shop and Others of bunker coal | —Funeral To-Morrow. | Traced Through Him. funeral to-morrow — morning. | mobiles and was sentenced to Sing | 7! 1-4—74 1-2 Stanton Oil, @ requiem mags at 10 years. ues, The burial will Avenue, was si Charles I, Murp! as a member of the Board of Ald which thirty-five during which time he acted in| were recovered, fourteen of these be- yuwcity of majority and minority! ing in Banks's garage. Banks said Vice President, I or, and for the past two! he was honest, but President of the Borough | automobile thie persu res to rise t elective Randall and pending trial on the m 708 of th on which ma Md Street | identifying WASHINGTON, Sept an Ami wrote the died in an ambulance eittes iy Sl de nue the went over fo ok * Hospital, The |” Gononente. sald th cea sw t ‘congressional inve WAS | helpful. and that the tof the ma dary. tn Rob Ol Offter, took befo he Standard O11 Com- dwith 5 red in th Sinclair Consolidated Comprehensive Description of the Sinclair Merger Its position in the World’s Market and its relation to the transition now occurring in the Petroleum Trade. Circular T-12, with much new information, balance sheet, geologist’s report, double page map of oil properties, pipe lines, refineries, etc., sent upon request. LYMAN D. SMITH & COMPANY Members New York Stock Exchange 34 PINE STREET NEW YORK Telephone John 4100 BRANCH OFFICE: 527 FIFTH AVENUE Telephone Murray Hill 3700 OILS ON ‘TT Opened firm. S$; Union Oi, Salt Creek Producers, timate at a special) Henry Banks, forty-one years old, mecting to-day adopted resolutions of |proprietor of a garage at No on the death of Borough |West 18th Street, pleaded guilty be rank I. Dowling and de-|fore Judge Wadhams in General Ses- jclded upon honorary pallbearers for | sions to-day to receiving stolen auto- oil, Shell, Noon _ irregular, -% Sing for not less than two years and six months and not more than five nexon, AN underwriting ayndicate hae been [ching Ce | mission Charges ° formed to offer 900,000 shares of Sins |t | ise P| clate Cons ed Olt Corporatia bie se | Ask for No. E.W. 625 Shell Transport, |'® the company’s shoreholders ‘3 | Sapu a. 71 Dent bed Present stockholders will be en- . JONES & BAKER a 1-2: Inter, 1 eal to aubecribe 10 one share of new : | srcuntries rere ia hint ce Harding | Detective Martin Owens of the au- tomobile squad at Police Headquar- |} ters and Assistant District Attorney 6-1 Owen Bohan told Judge Wadhams © that on Aug. 11 an automobile, valued at $2,200, and belonging to Alfred Sev- erl, a silk importer of No. 17 Madison nm from the corner Srockner, | of Highth Avenue and 28th Street, and that the machine was subse- y, lead- | quently found in Banks’ garage. The any Hall; Congressman! jdehtitying numbers had all been de- Smith and City Court} stroyed and the machine had been practically made over, Banks and adopted by the| two of his mechanics, Paul Randall wed Mr, Dowling’s public | and Garwood Phifer, were arrested, Accordingto the detective, ars he served | later made a confession as a result of n automobiles Queen O11, § + Boone cons, Shell Transportation, | Brooklyn on an avowed antl-prohibition | 7-8—741-4; Vanadium Steel 41, up, platfe 1-8; General Asphalt 127, u baceo Products American Safety F prices irregular, Pert |day night, Oct. 20. No substitu Opened firm. Philip Morris, ident, | that when ‘he first went into business |. resolution suid| help dispose of stolen cars and that he had found the business #0 lucrative that he had kept at it, Since his was said by Detective Owens, » Arlt, 11-8—1-4; | bers of the party late Pio F * ; up vant reason | ‘The Finback suited {rom New Y i Victory Members YX, Shipbuilding | suty carrying a large THI] Consolidated Stock Exchange of N.Y, with th ee - | New York Offices cortos Wein two bones prog 9 Sattan HH, Attack Main Office Uptown offen ‘ fid''tnise, Thote. they wesrdcs marae |]}]] 20, Broad Se. [319 Fiftn”Aye, October 32.00, off eamer Nascopie, which brought CONSTANTINOPLE 29.—Mus- | ‘Tel. Broad i776 | Tel. Mor'y HL off 6; January, to this por + Office, G2 Widener Bldg, felony BANKING AND FIN/.NCIAL. BANKING AND FINANCIAL. i BANKING AND FINANCIAL, Se eee eee CR eR aaa SS —— eee rx ‘Tak of investiga 0,—Congres- ey was deferred. retary of Labor ymmittes endorsing the resolution, but oppositio nin the com- American Telephone & Telegraph Company ney believed race rs for the * doubted tigation would be Lays Anarchy Proofs Before Grand Dated October 1, 1919. Die Gua d ak Assistant District Attorney the Extraordinary Grand a continuation tween $5,000 hivtic propaganda in this BANKING AND FINANCIAL. maturity. lows: Year Ended December 31. Net Earnings. Interest. Balance. 1910..... seeeeeeees $31,933,214 $5,077,321 $26,855 B92 1911. 33,301,246 5,567 980 27,733,266 912 37,907 644 5,844,699 32,062,945 1913 » 40,576,746 7,656,656 32,920,090 1914, il 7 977 8,223,163 32,334,814 1915, ++ 41,117,487 6,498,850 34,618,637 1916, . 4,743,376 6,730,099 38,013,277 Delaney will hold a at the offices of the No. 49 Lafayette | Mat our! way » subway at that p nizatons have 'e utive clerk at the White House jhas resigned to become Secretary a Assistant. Treasur itepublics Corpora concern, on Oc i Waiches ai Cul Prices -R&SONS HES, JEWELRY a New York oil Brahany took Veiees realized pales of caroumr tort iu vapdas. Sept, 2TUR, on follows: Bowestle The statements herein, whil Livingston Refiners Traded in on New York Curb We quste from corporation's telegram dated Sept. 16th, as follows: “Running oil into our first tank at rate of 300 barrels per hour.” Estimated rate of net earnin; $2,400,000. Has exclusive contract for production of, and is controlled and man d by, the LIVINGSTON OIL CORPORATION. Descriptive circular mailed on request, C.D Knarr dr.aCo. Established 1900 Investrent Broners Sivczr Bunomc NewYork TRL, CORT TF b-4-3, 8BTE sot guaranteed, hape b what we consider to be reliable and authoritative sources, THE ABOVE 1919, The right is reserved to reject any and all applications, and also, in any ease, to award a smaller amount than. applied for, The amount due on allotments will be payable at the office of J. P. Morgan & Co., in New York funds, on the date of payment to be specified in the notices of allotment, against delwery of J. P. Morgan & Co. Trust Receipts, or of temporary Notes, erchangeable for definitive Noles when received from the Company. per annum, FIRST NATIONAL BANK, New York NATIONAL CITY COMPANY, New York HARRIS, FORBES & CO, LEE, HIGGINSON & CO, Dated Sept, 29, 1919, n obtained Jrom Grand Vizier, demanding immediate resignation of the Cabinet. To add t situation of the apparently p joham= the Gov ee has issued an ultimatum to the t5, of 15; May [STOCK QUOTATIONS 1 P.M, ———————— mes ¥ | sm ogee Be. # Hf rena lee 48) | san, Se \ B Site's “The Best | Am. Te Ana Atlantic Lobos, 86- Cosden, 113-4) WE 38 1-2 Book of the Year” fo any man who is interested in the market and who wishes to know The Geperal Rulés’ of ‘Tra jive a Bre Liv, ott, | Ue 5; Fed. Oil, 5-16- 50 Broad St. 505 Fifth Ave. ten enone POID te ST T1Re NEW YORK Phi.adelphia Detroit Pittebargh Chicago Direct PrivaleWires Bosom Refining, Schulz are acting as syn 15-8; Salt Creek, gers a _ ANDERSON HUNTS HASKELL. 4; : {enigh Valley .... Maxwell Motor... Mer, Mari | Mer, Mar. ete loon Lengae Agent Hi : it] to Might Brooklyn Candidate, | Wok! eens rand @il,| William H. Anderson, President of Mo, Burk Van the Anti if Saloon League of New York, | \ has hired a hall to talk at or about|y' y) « Congressman Reuben L. Haskell, Re-| {publican candidate for County Judge in| 8—8 1-2, R\\ COSDEN & CO. | What does the payment of m. Heading s+ jereon invites Mr. Haskell to |! uthern Vaciti atliern Haste special stock dividend in- cate? How did the Company's earnings in the first half of 1919 compare with I MADISON TIRE AND RUBBER Was there real virtue be~ 3 To.| Mr 361-2; | appear in person at the Ope 8, off 1-8,|the Brooklyn Academy of Mus‘ House of | > Mon- | ; 8 need | y HOD apply, Mr. Anderson saya, and he will | 20% | himself speak whether Mr, Haskell ap: {Texas © pears ot not ‘Tobac t year? uit r > t | WRECKED EXPLORER BACK. |; aS Ade, 8T SOHWE, S veramattines | C87 Serene 8. Imad, Azcoho! hind the recent activity and Ss. dt advancing «prices of this issue? Interesting and comprehensiwe articles on the ahove in the cure orwegian P| Utah Come : | vl ent issue of our weekly “The he Boat, |chiet of the Arctic expedition the | Wee Ee po Uy: oy oat, : ace pata an Market An 2” Cony without McKin. | American yactt Finback, wh was) Obligation upon request for 18T— NOON PRICES, | cked in Hudson, Boy Friday with th August, ar-|E No. 38, SCHMIDT & DEERY 1. + 4040 1- tupha Kemal, leader of the Young $50,000,000 THREE-YEAR 6% NOTES Interest payable April 1 and October 1, in New York or in Boston. Coupon Notes, registerable as to principal, in denominations of $1,000, $500 and $100. BANKERS TRUST COMPANY, TRUSTEE, Redeemable at 102 and interest at the option of the Company, as a whole or in part, on any interest date prior to From a letter of Theo. N. Vail, Esq., Chairman, stating the particulars in regard to the issue, we summarize as Jol- The notes are issued:to provide funds needed for the expected growth of the Bell Telephone system, which is forecasted by the present abnormal volume of business. At the end of 1918 the number of stations which constituted the system in the United States was 10,992,325, of which 3,790,568 were operated by so-called independent connecting companies. The Bell System by its long distance and toll lines connects, with few exceptions, every community in the United States, and its exchange lines are within the reach of substantially all the residents of rural districts. FI The net earnings of the American Telephone and Telegraph Company and its disbursements for interest during the last nine years have been as follows: 1917. - 8,940,466 10,469,360 38,471,106 1918. . 54,293,016 10,391,694 43,901,322 For the year 1919 it is estimated that net earnings will be over $57,000,000, interest, including that on these notes, $15,800,000, and the balance over $41,200,000. During the last nine years the net earnings of the American Telephone and Telegraph Company hava averaged more than 514 times the interest charg Since 1908 the amount of the company’s debt outstanding has been increased less than $60,000,000, while the capi- tal stock outstanding has increased over $283,000,000 and the book value of the assets over $415,000,000. The company has paid dividends at the rate of at least 7,5, per annum on its capital stock since 1899, a period of twenty years. For the last thirteen years the rate has been uniformly 8% per annum, On July 31, 1919, the Federal Government returned all the telephone and telegraph systems to their respective owners, including the telephone system of the American ‘Telephone and Telegraph Company and of each of its asso- ciated companies. The property has come back in as good physical condition as when put under Federal control, hav- ing been maintained according to the usual standards. The usual reserves for depreciation have been made, wages have been adjusted to present conditions, while charges for service have been generally advanced to cover increased costs. The actual value of the Bell System's plant —the only value that can be used for rate making—is largely in excess of its book value. At December 31, 1918, the telephone plants in use were valued on the books of the com ies at $7,142,815,341, Adequate charges against earnings have been made for depreciation and obsolescence. Capitatobliga- tions are consercative. The capital stock and obligations of the Bell System outstanding in the hands of the public at December 31, 1918, were $991,074,264, of which the outstanding securities of the American Telephone and Telegraph Company represented $676,283,362, Syrplus and reserves, aggregating over $340,000,000, are invested in productive prop- erty. In the aggregate, over $25,000,000 has been paid in on account of capital stock of this company in excess of the par of that stock; that is, for every $100 share of outstanding stock more than $108 in cash has been paid into the treasury. ARE OFFERED, SUBJECT TO ISSUE AS PLANNED, FOR SUBSCRIPTION AT 994 AND INTEREST, TO YIELD ABOU 614%. Subseription books will be opened at the office of J. P. Morgan & Co., at 10 o'clock A. M., Monday, September 29, J.P. MORGAN & CO, KUHN, LOEB & CO, KIDDER, PEABODY & CO, ;