The evening world. Newspaper, November 19, 1919, Page 20

ar arnt prensa whee: eee team ies wos anne CURB FLUCTUATIONS OILS AND INDUSTRIALS | FINANCIAL NEWS AND PRICES |. What Will the stock speculation, waa not obtain@b'c| ing the price of copper metal. It-is At loss than 1k per cent. This appites| understood that sales have been . Steck Markets to gall fufds. Drokers bid 8 per vent. | made below 20 cents per pound com- ' do Next— for time money, but the supply wasppared with a comparatively recent Up or Box wn? extremely limited, price of 23 cents per pound. Net The drasthe decun i Low, Chome, g bas. % Bh 1% Ney 101% — Ie a4 & os MINING, low. THE OUTSIDE MARKET. Liquidation broke out afresh in the curb market to-day, and high priced issues registered declines ranging from two to five points. Although there was an increased volume of professional bear selling it seemed evident that a large number of stock exchange traders are light- aning outside commitments in crder to take better-care of their con- tracts made on the ‘big board. For the most part sponsors gave g00d support to the promotions that recently were brought on the market and what declines occurred were of commendable orderliness. shown by Maricaibo Oil, lotors and Inqterna- tional Petroleym. Most important de- clines were scored by Houston Oil, General Asphalt and Carib, Net Yast, Chas. | % = 1% ee 1% Hie, + oS 40 U. S. Steel was the center of ac-/ For months past ‘the prediction 5 tivity, During the decline last week] has been heard that by the end of wWNews and Gossip of TarDay’s |: was te main prop of the market) the year consumption would over- land it is now regarded as the best|take production. Put the converse Market—Present and Pur {marker barometer day {t made] is true. Production * stil far abead ture Prices, & new iow for the present movement, fof consumption, In fact, demand has welling below 102, practically fallen flat, At the time U Liquidation that has been pressing unsettled the Jof the signing of the armistice sur- and ‘other at plus metal stocks the country "Gh the stock market sinos last week, ®hon the Federal Reserve Bank ef- motors, rallrond were estimate t little . over industrials were £ 1,000,000,000 pouride probably fectually punctured the bull boom, was renewed In large volume to-day. The market did r Surplus stocks now Consequently prices displayed power, of consequence rly two billion pounds. Public buying is z to speculate what the heavy tone throughout the entire ses- gion. Losses ranged from one to more »| price of the metal would be if quota. ad brokers who ure | tions Were governed entirely by sup- advising their customers to use ex-! ply and demand, Most copper com- treme caution in making new com-)pantes have been meeting dividend mitments, and it is evident that! requirements by dipping into aceumu- inn ten points speoulntive sentiment generally j# Jated qurplus earnings of other years. vi iequiefing, romors , as- | “Sh depressed. In view of the condition of the metal arious = disqui Pordifgn exchange made their usual! market it seems doubtful if this prac- +gieted in the decline. It was per-/ daily low record Demand sterling | tice will be long continued. This ex- Bistently rumored that the Federal | dropped to $4.08 1-8. ‘Thiv was an im-! plains in part the present market Reserve Bank had decided to raise its| POrtADL contributory cause in the | heaviness of copper shares, yte of discount to & per cent. De- iniais at the bank that such a move had been decided upon did not allay the apprehepsion generally felt in speculative quarters. There was no ‘aswurance that the rate will no be in; stock price decline of the day. creased in the immediate or Agar future. Governors of the twelve regional re- ‘Belcher “Divide ‘Melcher Divide Kat Big Ledee . ‘Booth ‘Bost & ‘Caled Min. Candelatia Mo... Cons Cop Ms “Crescent McNamara. Divide Ext . Bureka Croesus... 49 Mining Golden Gave Exp “Gold Cons "Goldfield Durat Gold Kewann "Gold Merger "Gold Sliver Pick Grand Pacific 4950 Hegla Mining . 1009 *Jumbo Extension 1000 * Int, Mee, Marine lot, Mer, Mar, fot, 2 2200 00 1106 10 2000 1000 x00 000 4000 14290 2:00 1000 190 4000 1700 1000 1000 1000 1000 Rormels Mummery Alaz Rother. Alaska Gold y ‘of mi oy dati oy 4% } 14 — 4% ‘1 0% - ” 6 B% — 0% ” oK — wi — 4% wm — 4% rest of the list, shares as well as oils, and in ‘ Kanes Clty 80, Lackawanna Breet . ie West. 18 87 ve + lh) ise & Moyen Locme-W ike - wt de In the ested in at ke This etter will be wont feo sand withont ntlightien. oe Fequest, 1 also suggest that you Study the Profit Pessibilities of these setive issues: hited serreeve STAM & Nashville 116% as ~4% 31% — 19% “a +2 110%, — 1% | dane Borers *.s 40% 70% — | Maxwell Motom 1sv.. 67 “Vas —~ 16 | Maxwelt Motor til, 82% 0 = 2% | May Dept. Stores. 116% w-—2 om “%— ou + m4 4 Cd BEEREGEEGEE E | 49. , am, aT an. Write me for the On stock in which and copy of Letter. % % interested above Special ” 200 Aetna Explos. 800 Allied Packing . 400 Am. La France 4100 Am. Marcon! ... 8000 Am. ‘Tob, Sec. 500 Amal. Tire Store 10400 Am, Safety Razor. 200 British Am. Chem 1900 Brit. Am. ‘Tob. coup. 800 Car Light . 15 Emerson Pho. 6200 Gen Asphalt ... The weakness in foreign exchange is becoming a decidedly unfavorable influence on stocks. Yesterday the official Jow quotation on English, de- mand sterling was $4.06 It ts known that after regular business hours transactions were made at $4.04 1-2. Predictions were freely | made this morning that demand ster- fe be % Mo, Montana Power 19(0 *Rochester Mines $40 Rope Group .. 3200 San Toy ...4 200 *Stewart Min 20¢ Tonopah Belmont 90° Tona Divide .. 100 ‘Tonopah Fxt National Acme , oh Total sales stocks, 1,710,600, eri bole Ben LIBERTY BONDS. po, Privete Wires, ow ee sorve banks met in Washington t0- day and there also was fear expresacd iti the stock market that a new state- ment would be issued, setting forth the bank's determination to acceler- ate the deflation in credits now in progress. The meeting of reserve bank governors probably will be in soasion behind .closed doors until the 7. week, Banking authorities have received information from Londen that the British Government has no intention of tending support to the market. They appear to,be willing to let quos tations be governed by supply and de- ling would drop to 8 or lower this) 9 31-28, 100; Imt 4s, 94.4 STERLING DROPS to 4.08 1-8. Steady offerings of commercial ex- change during the first hour forced Sterling down to $4.03 1-8, the lowest on record. Franc checks made a new u% 0 we 4% = 168% Auto Bales Corp. pf. 30 Atlantic Coast Line, 94% Atl Galt & W. 1, 105 N.Y, Atrhrake, .. N. ¥, Central N.Y. Doo N Northern National Lead Nevala Cond, New Of, T, & M., 1 116% 73% , 47% BY is% + 101 65y a ee N.Y. Ont..& West Norfolk & West. 2000 Gen. Motors 800 Hayden Chem. 300 Hupp Motors . 600 Hendee Mfe. .. 5600 Indian Packing 4000 Loews Ine. ....+ 8400 Loft Ine. 1000 Mercer Motors . 400 Nor, Am, Paper. 1500 Perfection Tire 200 Philip Morris . 1000 *Tono-3im 1B. 1000 *Tonopal Midway 11(6 Tonopah Min "Tonopah Mizpab United Raster . West Bnd C “White Caps White Caps Bet . Wilson Silver . *Yerrington ....+ 1000 1909 200 1000 Phone Brond 6014, end of the-weck, and it is doubtfal if = any statement, if one is really con- templated, will be issued until that oe thm Money to-day for the pibpose of mand conditions, * Bankers now figure that two impor- tant developments must take place to stabilize and strengthen the exchange markets, namely, the ratification of the Peace Treaty and, second, the en- act it of the Bdge bill, which will mak@ it much more practicable for American corporations to give credit to foreign business concerns. low record at 9.72. Lire cables broke 10 centimes to 12, Marks eased off Obio Citien Gas, to .0212. Oklaboma P. & . ; % | Ontario Giiver GRAIN, Ovens Betting Range for the day at Chicago: | Change, Nova Scotia Steel. . 300 Replogle Steel . 400 Root Vandervort . 300 Republic Tire Rub. 500 Submarine Boat . 200 Stewart Warner 1600 Sweets Co. 100 Tob, Prod. exp...+..+++ 320 U. oS, High Speed Too! 36400 U, 4, Steam. 3800 United Net Candy. $100 United Profi Sharing... 1200 United Piet Prod. 3400 Vanadinn Stool 1000 V 700 Wayne Coal .... STANDA\ 10 South Penn Oi 28000 100 300 1000 Aled POs. Am Tel 66 22 Copenhagen Be Int RT Te. 3% — 1% eo +2 100% — 4 EARNINGS. Mergenthaler Linotype—Fiscal year ended Sept. 30! Net aft. dop. and tax., $1,683,138 agalhst $1,343,546 year ago DIVIDENDS, National Transit Co.—Extra of 31.50 a share in addition to regular quar. terly of 60 cents a share, both payable Dec, 15. Three months ago the com- pany declared an extra of American Power & Light Co.—Reg- ular quarterly of 1 per cent. on com- mon stock, payable Dec. 1. Toxas Co.—Regular qumrterly $2.50, payable Dec, 31. Sloss-SheMeld Stee! & Iron «Co.— Regular quarterly of 1 8-4 per cent. prefered, payable Jan. 2. Ajax Rubber Co.—Regular quarterly of $1.50, payable Dec. 15. American Sxpress _Co.--Regular rates of $1.50, payable Jan, 2, Case Threshing Machine Co.— Bg quarterly of ats ahh! anne on ~stock, payable Jan, 1. "united Cigar Stores—6 per cent. on common stock, payable Jan. Cuban-American Sugar Company— Regular quarterly of $2.50 a Share on common stock, payable Jam 2. Reg- ular quarterly 13-4 pe. preferred was MOTOR GAs. ae : fonts Ree Grae en ee Lee a MIRACLE Beveatitc Gano! seer ‘an okt ice p if ceumbeniat aed Ore ‘Titktee Tew’ Bt. Cop, & Zine Butte & Sup, Butterick Co, Cent, Ol Pack, Catt. Pet. Calif, Pet, pt. Pere Marquette , Copper produgers are evidently |, Cor: Phil, Oo, having @ diffeult time in maintain. Wm. G. Gallagher SPECIALIST Hanover 7707 it arond STREET NEW YORK fee eF we ™ 7000 Allied OF . 1000 Amal, Royaly 2000 Barnet: OU Gas 4200 Belt Pete ‘s 500 Boone @i1 . ek as 3300 Boston Wyoming Rep, [ron & Steel pf. 1067 1800 Rurract ves Cleave. * , te Lg | 3100 Carib Sma. Royal Dutch N. ¥, 102% tole + 14 | Oe Cores Ee ry 1800 Citles Ser "Bet 17% +4} 100 Commonweanth : 8% — % | 6700 Conden & Co.... 16 =—4 4000 Dominion O . 124% —4 700 EIk Basin Pet . 7% > ON 800 Kemeraida Oi! es 7 1000 Federal O11 %% —2% 800 Glénrork OU 8800 Guffey Gillespt 100 Houston OU . {000 Int Petrol 700 Invincible 1000 Island Oil ¢. 1000 Livingston sss moO Maracaibo on 300 Merritt “OU .. 2000 Metropolitan Pet Mex Pan .. 1600 Midwest Ref 1600 Morten Pete 1000 No Am Oil 1800 Omar O11 500 Orient OU . 2100 Penaok Oil of eis ¢. M, & &. P. hy 42% oY kM Po Ow Chi, Paeumat, ‘Toot 105% chi, Bt, & Pac, om kL ek Pe we Chi, Great West. ”% & Northwpst Ry 02% Remington Seaboard Air Lin Beare Roebuck Shattuck Ariz. Sinclair Oi, Sloss-Sheff, Stee) Southern Puc South. Pac, if..... Stamlend Gas PEPUEDULD DL idee tba | a Raves” Fe that Pura ~ be fulfilled I in & Seenand for the Post-War Maxwell that eight great plants cannot fill More than 40,000 persons who set their mirids on having one will have to go without. . The cause for this is due largely to the magnificent per- formiunce of the:300,000 previous Maxwells. They delivered such excellent mileage at such low cost (that the great American public learned to know this car. This unprecedented demand is evidence of its deep rooted ute Toweis Lewd Ik & 8, Mean L. & Soutiew, Guperior Steel . ‘Tron, Coy & Chom BLYRIA, 0., Nov. 19.—A lone bandit early this morning entered the dining room of the Hotel Topliff, ordered and disposed of a breakfast, backed the waiters and guests into a corner at the point of a revolver and held them there while he rifled the cash register of $90 and escaped in an automobile. Bernard J. Ferris SPECIALIST . 25 Broad Street, New York }Outmo © Con, Textile Corp.. Del. Lack, & Wott, 167% Del. & Hud....., 102% Den, & Rio G, of, 16% Dome Mines 13% Bukborn Coal 33 Kiherson? Brant... 30% Kndicott-Jounaton,, 14 AUTOMATA KING AND FINANCIAL. a Underwood Tye. Pacific Unish Oi Unita 2400 Ryan Oi oe 600 Salt'Creek Prod 500 Sequoyah Oil 2000 Shell ‘Transport 1100 Skelly OU. 600 Simms Pet . 300 Southern States 700 Spencer Pot ‘Stoneham Yearly Handbook COVERIN Oil—Mining—Industrial Miscellaneous Securities One thousand companies and stocks are r¢ ramet, wie» ees soghelinteny to be mnmnerrntel. Srepertie, wave: Fivctuation, diya serniag, | ieee this andiook th est aa dcop potion of ever issued, and | Um Retail Stores. 0.16.0. % F.... United Food... 8. Rewty & Ipp Ya. mathe. 2 , 8. Smetthe, Pisherbody Fisk Rubber revert ‘Tex. wa Lobe Cigar. Gevom) Bec. Gen, Motor. Qe, Motors pf. 800 Texas Co wl . 0500 ‘Trinity Oll 100 Tropical Oit 500 Victoria Ol new 500 Vulcan Ot . 1400 White Olt 2200 Way 0 & G. 1200 Alas-Br Col. 2500 Arizona Bilver 100 "Atlanta —_—_———_—KX—“a—X—X—NSns* BANKING AND FINANCIAL, 000 are being built during the current ‘Thousand ‘re priding themselves on_pos- sessing one of the Post-War models; thousands more will have their hopes filled; thousands WEL bine yo go weshout. ~ ‘Which class will you be in? Price, $985 f.0.b, Coll “+ 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 Brooklyn Distributor—Maxwell-Chalmers Sales Corporation 1410-14, Bedford Ave., Brooklyn, N. Y. Phone Prospect 8411 Ld = 116% — 1h — 10% — represents a permanent and valuable source and slalistic ply vc Keegy sy ey 1 fae Chas. A. Stoneham & Co. 41 Broad Street, New York Onrcd Nn see for mation, Great, Nor, Ry. 6, 89% | Great, Nor, Orv. Established 1903 Western ‘Union Weat Airorake Willys-Overland Willys Overland — | White Motors Wilson Co. ‘Worthington, Wookwortti™ ee The Board of Directors of the new In- denivie, Bank of New York, to be Yo- ated at tho corner of Fourth Avenue und, 24th Street: announce, the election Ralph Stephenson as senior Vice President” Mr. Ste Texas-Ranger Producing & Refining Co. ’ Omictatly Usted by the New York Ourd Market Association BANKING AND FINANCIAL. 4 Sea Bae aaa ee Bpeoialists in LIVINGSTON OIL LIVINGSTON REFINERS MIDDLE STATES OIL ee a ALLIGD OIL Pia an inquiries of a ein ghee with Lett tod at. aleag Bhettild cone TEXAS-RANGER PROD. & REF oll properties ; ; , “NGA sg ; i I] re yeress Atay shook . Latest information on request Circular on request. C. D. KNAPP, JR., & CO. Batadlished 1900 ‘estment Securities Singer Bldg, 149 Broadway, New York City Tel, Cortlandt 2548-4-5, 8273-4-5 i. son was for- nd their Ci Pieins | a prominent part in the Idenatinn ictory Loans. Bankers ‘Trust Company an Kinnicutt, & | Company Yare offering $500,000 of 6 per cent. public, Imppove- Irent ponds of the city of Clevelan 1937, at a price to yield Brest bas ‘After an exhaustive examination of the properties and business of this Company, we are convinced that its present and potential earn- ing power justifies a much higher price than the current market quo tation, i Noor of Trade’ membership Fay 000, up $700 and a new Javison His Been elected a BUA RHA AHURA Mn Bey *y 4 ys bd are Dro "4 ee Peat ras ie mane 2 appear lone or Raatnese on pee. hd 131 to. subscribe to + pants of one share. of LIBERTY BONDS are tse for com. ‘The last publis ed -atatomont’ of a “he coalag! ‘oops fankern Trust Company showing its : %16°Go0, 00, sna Soe