The evening world. Newspaper, November 17, 1919, Page 16

time money Banks are} Sat (tng due 60 or 90 days hence. the WALL STREET | plainly reluctant to renew loans fall-|strain has been somewhat ret THE EVENING WORLD, uurday showed that the monetary credit situation remains such that ‘The market did not dispay appreci-|@ resumption of the bull campaign ts iy lable rallying power at ahy time.| practically prohibited. | where was a sharp contraction in the} The ratio of reserves Mig, Low. Close, Ober. r | volume of trading compared with re-/and note lability of the New Fe i = Mer, Mar, wt. — v4 “ ia (News and Gossip of To-Day’s | cent seasions. During the greater| Reserve Bank rose from 40.2 per cent. bee. fae soe Market—Present and Fu- part of the da yoperations mppéared | to 43.7 per cent last week, but a re~ fon Food. Oe wy 0% 1% mn te be of a profos#lonal character, serve ratio at the latter figure is far Aube @ Jeom Bros. 31% 3% re hes ture Prices. | Buls on Southern Pacific who have] from satisfactory prsoon Tha Pwd. F a wee been banking on ® favorable decision] Moreover, it was disclosed that Aw. Chen... Kemecott ... 20% «90% — % i in the financially famous of tand]ioang of clearing house institution Bath Note Kemtone Tire. o% m —2 dt Thore wan further teqaidation of | case received something of a shock | now aggregate $5, 00. ‘This is bony nf . Kan, City Goath . 1° a = % A Be stocks in (day's tharkat, nnd a! when an announcement was printed] am unusually i figure and no Mer cin. top ee so oe ie: s notable abaence of buying Power. As}on the news tickers that the Sapreme|doubt banks will gee to it that it ts Car & Wig Labigh Vi am 4. &i% q j © rowult, highly spscntative inauen! Court had rnied that the compay’s| ™Materiaily reduced. Amar & Piry of, Tigoete 100% 100% & 24 one Discrimination against highly spec-|am Cotton O'1,.. 10% 18% — 8% 5 © that were recently storing sense [title to 6,000 acres in California 18] wlative industrial stocks as collateral | jm. gumatr ... ut% + 8% 4 Adonal gains dally with almost monot-{ invalid, The stock broke more than|in loans bas turned considerable | Am 1 & Leather .. phd en rolfulavity stondtly hiet ground. |? points, speculative attention to railroad|a pm « Lut. a stocks, which are much more accept- se 7 Declines in these ismuce ranged all] i was not at first understood that | Mel Voie as collateral in loans |am om, «yu — 1% the way from 2 to 1 points. the case on which the unfavorable] Union Pacific opened this morning | Ag Linmext B + ae + i, It ts very evident that banks intend | ruting wax made to-day 1s compam-| with a gain of nearly 4 points, and wai ut — 4% fo further reduce their loan account! tively unimportant. As perviously pn ag OS a og ee By me. % und are scrutinizing much more] stated only about 6.000 acres are in-| wore in atrong demand, & = — 1% a - clonely the collaters! that is being| volved. At one time the company “or Oo - *, _. offered them. Therefore bull cliques| offered to turn these lands back to ox a fand individual operators are finding it] the Governmant providing the allega- 2% oh increasingly diMeult to. successfully | tion that the company tad committed Aan Woot... 2% e+ % finance their market aprrations a fraud were dropped. Southern An Writ . as ge + | , Rates for money to-day on call| Pacific officers now state that they Am. Zine Ge eke: 4 ruled at 12 per cent. antil late in the| never seriously belleved that these 116% 118 — 4% j seexion. After most requireinents had | 6,000 nores were of! bearing lands. MONEY 6 wy— % ; been filed the rate dropped to 10 per} There is another case Involving! ane cal money market began the ) Am S| eae cont 140,000 aeree of land which are known! week with the renewal rate of 12 per! ster ia be SG ao j ‘ Stringeney in also refivcte by the} to contain oll, ‘The Southern Pacificleent, There was @ light demand for| Au., } TRIN y. attra. 18 18 = ri ———eE Company received a favorable de-| funds and little money was offered. | Aub 2% [N. ¥. Conural. % BH 4+ 1% ‘ er cision in the Low An District| At 246 the rate was 10 per cent. IN. ¥, Dock. 0% W%—1 i iy) BANKING AND FINANCIAL. | Cour apiece Time money holda firm. Renewals: Au, Gust tine... 06 08% 06 41 (NEN M, & HN 6K MK + Court and still expects to receive a y 4 . ble. decision. in. the Supreme |@Fe mado occasionally at 8 and 71-2, AtL Gut & W, 1 190 1904 186 — 4% )N. ¥. Oot & West 10% 10% 10% — ; ‘ i 1. However, when the confusion | Per cent. depending on maturity.) hin i. ma mH 8] ; be re la vory little money offered | Waltwin ‘Loo, si ) > if Aoter, Petvseum —Gutey-Citespio IN| Clase tip “tocany Southern: Paciie| for. fixed “periods, " Borrowers con~/ Bak. & Ohio...!. 40 30% xm ‘ Atock regninod only n fraction of ita| tinue to bid 8 per cent. for accommo. | Herett Os as ' Datoe - Eustice — Farrell Cos! carly fom gations regent tor sixty days and |" % n ‘Wieet ge ae ner -2 per cent. for longer dates, 0 —_ tnvincibte OF —- Ryan Pete. eee ee ee ine iiitety a | UR commercial papor better namon an : f of the Lg say od group, Evidently 4} move at 61-2 per cent., with less at- a i & Otis Stoel — Viv. udow new (poo! has been formed in this ls- | tractive paper discounting up to 6) Dmotign 1. 7. a% i « ‘awe Bite eater oe poo Tweed r cent. The volume of paper com- | Brow Bhor Co. W085 5 4 American Safety Razor most age ing into market is not large and ia} Bruns, Term A buying. Its strength had a stimulat~ it taken care of by interior buy- , Bu ing effectstinder most aggressive buy- wilh x2 sandinaibaladndl Vs bi Special reports —condensed Its strength had a stimulating —— (hutte & Superior iy and yet comprehensive — DIVIDENDS. Butterick Co... ’ ye Corpor ripe | Caddo Cent, OF + Oban iy Willys Corporation. Rogular quar-| . On, free for the asking. Refer Foreign exchange maixets were| from date of issue, Oct. 6, 1919, for] calif, Pet, pf... te 151-8. prestionlly | demoralisod. | Starling | quarter ending Dec. 1 1019, on first ) Cala, & acta made a new low record wt $4. a1 nf T 0% g| Canandian Pac. . oxcbanye on other countries auffored, | Preferred stock amounting to $28 a) Cc A ney Derwent Stet, A potent unfavorable influence in| *hare. payable Deo, 1. Cerro De Passo Punta Sumr . 5 SCHMIDT & DEERY the foreign exchange market is the| Tlinoia Pipe Line Company, regu-! Certain Teed Of = aa AD phy ihe respect that Preaident Wilson will e bi] 1 Chandler Mot, . Caxet 2 Meet id Riaebt Whe Glance: oromens lar semi-annyal of48 payable Dec. 31 uae on a framoa*by Senator Lodge. + at, end \,M that it may nevessary to frame a new treat OULlvok 19 Udeuoi= edly causing & feeling of Uvep uebi em ston in all foreign countries. While the bank statements pub. | nee the close of the market Dec. on common stock, Standard Ou Company of New Jer- soy—Regular quarterly dividend cf $5 !¢ a share on common a lanhattan Shirt Company. Regu- quarterly of 433-4 conts a share payable Dec. 1, ook 1, Initial dividend of 61.7 share on proferred stock payable) Q\i. ‘yore . 16. Se - ee a ee tation, We Invite the inquiries of investors, especially those fi ap eh » ate oll properties, ¥ y : €. D. KNAPP, JR., & CO. ews Metadlishod 1900 B , "4 Investment Securities | aaa Singer Bldg, 149 Broadway, New York City t ined Vol. Cortlandt 2548-4-5, 8279-4-5 Texas-Ranger Producing & Refining Co. Ofictully listed by the New Yor’ Ourd Market Association After an exhaustive examination of the properties and business of this Company, we are convinced that its present and potential earn- ing power justifies @ much higher price than the current market quo- Present Dividends at the Rate of 24% per annum. 14 te familar with | Chea, Phi, Td, de Bae... RL & Creat West, & Non, Ry.. 0% 61% o% Ree eteceree Fee Ht Thi + 1% fil promotions have kept them BBE LINN ISD MM ‘MONDAY, NOVEMBER 17, 1919. ; FINANCIAL NEWS AND PRICES | THE OUTSIDE MARKET. There was a sharp contraction in activity in the outside market to-day and prices displayed a heavier tend- ency, ‘but this heaviness was not nearly as much marked as on the Stock Exchange. When the money stringency firet began to be seriously felt It was nearly everywhere predicted that the Curb would suffer most because of the many new promotions that are being traded in on that market, It was figured that most of these issues had not been “digested” or had not been absorbed by the public, Thus far the sponsors of these new under Pretty thorough market control and ag @ result the outlook is now being considered with a largor degree of confidence. Commendable steadiness was dis- 124% = played today by White Ol, Simms $= § Petroleum and Shen ‘Trading. 2500 Acme Coal 1700 Aetna Explos 300 Avolian Webber 700 Allied Packing 1100 Am La France Eng.. 4000 Am Marcon! . 2200 Am Tob Se 400 Amal Tire Stores 8400 Am Safety masor. 900 Delature Bor Carp. 2000 Generel Axphal 3009 General Motors 1000 Indian Packing . a 6% 200 Libby Medial wm 30% 200 Loews Ine a 8 2500 Late ° o% 26 700 Mercer Motors es 8 1900 Maibohm Motors . uw 1200 Nau Leather 18% 900 Nor Am Maper, ‘ 2500 Perfection ‘Tire % 400 Philty Morris % 500 Toot Vandervart 3% 2000 Republic Tire Rub ¢ 5% 1600 Snows Fountains us $200 Submarine Boat .... 1% $90 Swift Int ‘ aT 300 Rweats Co u% UM 110 Toh Prod Exp 0% 42 U of S High Speed Took % 21% 1 SPA ROME CE CURB FLUCTUATIONS IN OILS AND INDUS: RIALS {HOUSE DROPS RATE-MAKING ——GLAUSE FROM f, R BLL Eliminates Proposed Statutory Rub ‘ing Certain Powers to Interstate Board. WASHINGTON, Nov. 17.—By « pro Vision of the Ksch Raliroad bill, adopted to-day by the House, over the objection of members from the Southwest, the Interstate Commerce Commission wat xiven authority over iftrastate rates to the extent that it might order removal of any “undue burden” on interstate commerce, Attack on the provision was fereonia| ‘on the claim that it was an enactmen into law of tie famoys “Shreveport Rate Case” deciajon, which resulted th ® general increwwe in rates in the Bouthweat, i The House tater vliminated the pro- Posed the new statutory rule of rate making, which would have directed the Interstate Commerce Commission to ‘take into consideration the 4m- 200 Commonwealts . 180 Conden & CO 100 Bik Basin Pet 1400 Eemoraide O11 2516 Federa} O10 300 Gienrock Of . 100 Guffey il) 1009 Metropolitan Pet . 100 Mex Pan. 150 Midwest Ret 200 Morten Pete . 1400 No Am Ol .. 409 Omar Ot 100 Orient O11 TCO Phillips Pot 7000 Htyan Ol 500 Salt Creek 1000 Hequoyah Olt 2600 Sbell Traneore « | 1000 *Gold Silver Pick 1000 Grand Pacific 2100 Mecis Mining . terest of the public, the shippers, a rtr4 jonadle cost of maintenance and [i - operation, including wages of labor rr depreciation and taxes, and fair re- 1% turn on the yay . used a or held for the servive éf transporte. ; tion ety 7 s °1$10,000,000 OW LAND SUIT vst] WON BY U, S. GOVERNMENT ” — Ng WASHINGTON, Nov. 17.—The Gov- u ernment, by aw opinion to-day in the a Supreine Court, won ite fight to have fe & | CANcelled patents for 6,000 aces of Cali- 6 6 | fornia ol] land valued at $10,000,000, al- 18 18 |leged to have been obtained through % 49 | fraud by the Southern Pacific Company. % | ‘The Supreme Court reversed Federal 5% 6% | Court decrees disthiasing proceedings In: ; | titutea by the Government to have the land, which is located within Naval OD 2% | Reserve No. 1, ret > 13% | Reserve Wo. 2, retu to the Govern: uy —_= —— ‘ J ICASTORIA i For Infants and Children in Use For Over 30 Years 900 Rope Group - 1000 *San Toy .- 1000 Silver King of Arts 200 8 Silver Lead SECOND BILTMORE U Seaboard A: Chine be Feed i @rattack Aris, fied borend Ret Candy. . yi — peak MUSICALE * 7 feck? 08 . 1 Profit Sharing. more. Now. 21, at Lk. . Ld G0 United Pict Prod...... ATM ANNA $ | siete 8 Ce ee | ssa FITZIU towne 178 Yeni Suet a mascua ELMAN Southern BR! 400 V Vivindou Ime .+..+4++ t Louis teomnere Tau 0% | 200 Warne Cont cesses 3 MM GRAVEURE Stdebaer My 14g — 3% STANDARD OTLS. 900 United Busters ‘State Motte 10% 1 — %] 108 OW of Cal . eR | eee evieey Lend... “6 BA ‘800 Weet Ind © 1am, Satehaa8, ene Rc aon ton 1% 18 ion % 25.8 Ol ONT 445 45 | 000 ewhite Caps ..- | Gootinental Can ee, & tomk 354 5% 18% — | 16 Uetn Tank Lize....... 128 138 | Fe00 ewhite Cape Ret | Cousmnemtet Cunt 38 suverioe Sieel..... 4% 4% 4% + 1% INDEYENDANT 0124, 1000 *Wilbert « {Om Hvmtwete +14. We MO UO — 3% lan, Uap, & 11% 1% — %| 8000 allied OD fo | 000 eYersingtom - Gor Products pf. 106% 100% 100% — 1% |neras Co, OO 30 — 1%] 500 Amal Royalty Mm m1 Unveible Steel .... 8 : renee a 46% 14(0 Boone Ot % OM Juba Cane Super. 4% 43% GH — %& 3% 64% 1% | 29000 *Hostan Dyoming es eS ioe Cane Hos, of MO 58% G6 — 1 | L000 Murknott Van Clare... 2% 21% 2% {Con, ‘Textile Corp, 03% % B%— % 1% «OLB — 1%] 30C0 Carib Syed . os. mm | Del, & Hodson ... Oe +1 40 40 — 8%] 1100 Central OU om Hi Den, & Ito G, pt. 1% — % 6% 8% > Next whe. Fiske to Domi Mines ..+.++ 2% — % 128% 181% + 4% | BOWIE ENTRIES. 4 Dumth 8.8, & Al. aus % so om +»! RAID BALKS RED MOVE — VAUDEVILLE BH % 2 oe - ——————— eee Sx =k min = 3 E UP AKRON PLANTS paras me & 1 «1 1% T0 Tl eyo | 10% + 94 904 — BH sit —1% 7 71% —1% : bares 4 + 1% 10% 100% — 2%) Fifteen Alleged Anarchists Accused as “ ‘ -1 19% of Trying to Disrupt Rubber -¢ ys ‘2 and Other Plants. 144 14h + % .17,—With the arrest as 7% 8 4%] ARRON. O., Nov. uM, wally - 12% 7% —- 114 | of fifteen alleged Anarchist propagand: i to-day, Chief Kago of the looal depart- £ | cs ed that he had sprung # + 2% «12% ment announe t he * 2% 94% — %| trap whereby Red attempts to disrupt er w% 87% + 3%] Akron factories, including rubber plants, HH MN — % | wore foiled. by \ | Agents of the Department of Justice 4 Galt “sates, a G1 Fad] worked tor weeks alongside the alleged Lieve Central... 4 00% — 1% | Red missionaries. They gained sufficient c Inapiration Copper. 2 ke information, the officials said, to assure . EW THEATRES Intorboro Com... + ++ si & = 3%] the speedy deportation of all the men 1 — Interbure Coa, Bla. 16% 70% 7% —2%| taken to-day. Fifty alleged Red work- i fh 4 y Barbour yun, id. Otewe, Int, Harvostor..... 164% 12 183% 16 U6 + Jers are now being hekl here UU OL, | Yorkers’ Dots ‘and “others. "Walla Stoneham Yearly Handbook Oil—Mining—Industrial Miscellaneous Securities ine thousand companies and stocks are reviewed, with a history of capitalization, ment, properties, market fluck dividends, earnings, ete, Fein ike ook tb the mad salueble ond complete publiccion of this kind ever issued, and represents a permanent and ore source of general and statistical ine formation. Addres. Desk 0 re Copy. Chas. A. Stoneham & Co. 41 Broad Street, New York tara re tn i, ei. in a SR a ly I Nn No Promotions LIBERTY BONDS atoeaiagen net ty ce F eset se ee eae ee cotaltate in LIVINGSTON OIL LIVINGSTON REFINERS MIDDLE STATES OIL ALLIED OIL ~TEXIS-RANEER PROD. & REF sp OLA lists can be ‘orid’s Offices. " advertisemen Latest information on request 4 ‘The World's 7 Call 4000 Beckman, New Yor! ym Office, 4100 Main, Ask Us to Probe Your Oil Stocks Furnish us with a list of your o.| secur tes and ask u. for a report. Frequent attent'ur. should be given to constantly changing company and market conditions that affect values. Our service furnishes a review ot your ol stocks at TTI LL Jot, Mer, fa Bie 1% 03 DEMAND STERLING 4.08 3-4, Demand sterling 4.08 3-4, off 11-20, and a new low record. France checks off 4 centimes at 9.57; lire checks up 6 centimes at 11.90; marks were quoted at new low record of .0240; Vienna kronen were .0083; Belgian cables were 8.74 fr, per $1; Swiss cables 5.61; Pe- seta cables 19.86; Stockholm cables 23,20; guilders demand 87 1-2, PARNINGS, Colorado and Southern Lines—Firet woek November, $498,413, increase $30,982; from Jan. 1, $31,459,648,, in- crease $3,480,196, Baltimore and) Ohlo—Year ended Dec, 81, 1918: Corporate income ac- count shows surplus after charge tax ized capitalization, authorized capital to $200,000,000, facturing Company stockholders recommendation of the directors to cre- ate an isaue of $1,000,000 7 per cent. non-voting preferred proved. & Co, and Lehman Bros, are managers and preferred dividends of $8,689,868, equal to $5.67 @ share on $162,817,438 common stock against $5,674,847 or $3.72 im 1917, GRALN. intervals when unusual con- ditions develop. We do not hesitate to make recommendations, BLIGH & Company Incorporated Specialists in Oil Stocks 295 Broadway, New York AIL ALLEL TOOLS OAL ATE NN | $9,000 from Ago Ie NR A y Menld Waste” Wop Wendel, Weed “Wont Range for day at Chicago oe 191 136% 190% @ 140) iim lake 1k 1a oats, +B. TM +» TOK Ls] 83,87 38.70" 83,70 +h 4,06 “D3.00 * 23,00 —%0 Corn--December up 2 5-8-9 8-4; May, 1 1-4—1 3-8, NOTES, ast Week at $101.00 At the annual R, Co, Paul M, Warburg was * eeting of B, & O, R.! technical c! ee elected @ port Without the necessary clearance iregtor to succeed his brother, Felix i» Warburg. Thé other directors were 000,000 in the company’s author- brining the total At a meeting of Chostbrough Manu- the stock was ap A syndicate of which Goldman, Sachs te offering for subscription $3,250,000 Van Raalte Company, Inc., 7 per cent. cumulative first preferred stock at 98 and accrued dividend, with the privilege, if desired, of subscribing gt the same $45 per share shares to the extent of 25 per cent. of the number of first preferred shares subscribed fo Earl D, Babat, President of the Ame ican Sugar Refining Company, made t following announcement to-day American Sugar Refining Compan: der the option taken by ft in ber, entral Cunagu bags. PS CS DRY AGENTS SEIZE 2 BOATS. Be- Move to End Liquor Tramic tween Bahamas and U. 5. MIAMI, Fla., Nov. 17.—Selaure by Federal authorities of two boats plying between Florida ports and the Bahama Islands was di ‘The vesse! ar ot sai jared to-day to be the first step in a campaign to end illicit A seat on the Stock Exchange sold] liquor traffc between the nearby Brit~ @ reduction of|ish possessions and this country, were selned under the ng ior a forelgn sslinesioake MISS SANGER LOSES APPEAL. |! “Mirth Control” © mck of Jur! th WASHINGTON, Nov. 17.—The preme Court to-day dismissed withou' wt appeal of Margaret Sanger on the con “Birth Control” Act. daya imprisonment for “pirth control clinic’ in Brooklyn, 4 for su-| an opinion, for lack of jurisdiction, the stituttonality of the New York State Miss Sanger was sentenced to thirty conducting Reld in “The Lowery Man.” & Co., othews COM Sa [AN MARTIN L HE THIRD KISS.” @ 1@_VADUEVILLE Revue, Homer ’ Lind sod “TOLO IM THE it GRACE LA RY wae a any, JAMES my Anatol ee, edi WASHINGTON, Nov, 17.—The Gu- re preme Court will take o ra ra next a Monday until Dee. § Bway and S6th Bt. PHOTOPLAYS. LOEW'S New York The: tre & Root Cont, TA. Me to 1 PLM. Hoo Bolerve Casinalti, The’ Right to Lie bands, MARK STRAND CONSTANCE TALMADGE im “A VIRTUOUS VAMP." rena MEL eto! From BROOKLYN. Pet: nate et Se: | ¥ AY ~