The evening world. Newspaper, November 26, 1919, Page 12

WALL “322 Fy Market—Present and Fu- a z ‘~ @onspicuously weak. igi , Vanced is the deterrent factor. statement will be Issued lato this af- 4 Vernoon, and that miners will be af- | Am Neered a fat wage increase of 25 per Am 4 ! cent. | 3 H ington Pump and oiher issues tha’ Veional sources. | Still, standard issues such as U. "steel, independent stee] shares, ine! | Most professional market traders that ; as the market is nover stationary, pand as it is most dificult for it to “eondition, it must go down. Operat- ing on this theory, they are building (up, jhe biggest short interest |v the -market has enjoyod in many weeks. (Money rates today cl | rule at 7 per cent. with ‘a libe pl of funds at that figure, Exchange rates moved contrary to most expectations, coording period of tl | wil not fhe to be paid on Jan. 1. sionary trend, demand sterling reac! ‘the day, certainty is the money situation. loss over its seriousnes that they have not yet been cut to a plus reserve of New York Clearing figure, but the ratio of reserves to d bullish manipulation ¢ of stock prices, “movement in General Arrow the report of Pierce Arrow and will merge it with the General Motors Company, It may definitely stated that this re~ port is untrue, Reports are also current that Carl Mand aw President of the Western Mary- Railway will become President Union Pacific. It may be sated, that the appointment of Mr. pend has been under serious consid- Ee Union Pacific directors, and that within @ month the position; {t. There, are too many shares out- tanding and they are too widely held. | ‘Throughout the bull boom Steel fur- nished an Interesting contrast to the volatile specialties, But Steel furnis! will oe aaediy, be be formally oftered to him. J ay, wee Die eneoutite head of toe son Bae clfic ace the death of BE. H. Harri- man, will remain as Chairman of the Board of Directors of of the company. The fact that the K Kennecott Copper copes has declared its regular|cash on hand or in ‘ly dividend has given birth in | liquid assets, includi: many quarters to the hope that other! Treasury ceranegten, amount big producers will decide to cornee about $400,000,000. their present rate of divider bu This expectatiqn not have sound basis, The sition of Kenne- cott and other oe Bis, copper compan are by no m Keni 4 head @t an unprecedented level, is able to output the metal rplus earn! stock boom was u when the bull boom Steel was among the back. To-day it is ‘selling News and Gossip of To-Day’s |: ture Prices. 9 Heaviness characterized stock deal- day. Motor and other spe- bo elalties that were marked up so vig- we @rously in yesterday's session were we Motey market conditions continue to be the main obstacle to successful “bullish achievement. Manipulative 2 cliques have in reports of earning, &c., of ample ammunition for a new cam- ¥ Waign, but the certainty that rates on . call loans would be immediately ad Am *O | Lemme Wiles me, Sh, A Com, Corp, Hi Another cause for speculative un- my ay yj Certainty to-day was the failure Of) Am, soar ,, the Cabinet to announce that they ‘i had agreed on a pian to settle the oy a ‘coal strike. It is expected that a) 4m General Motors, Crucible Stec!, Nae} on | Honal Aniline, Pierce Arrow, Worth- Atlanta Hierw. & At) Auto Salen Om, Atlantic Coast Line y have recently furnished most of the Market fireworks declined from 5 to {16 points. There is but a minimum of [qu Gur & w. 1, 174% ‘public interest in these shares, and | Atchison «, Veelling must be attributed to profes- aie dao, | equipment stocks and miscellaneous | Heth {Andustrials were persistently preesed | "or i j for sale. It seems to be the view of me Sher tha, padvance in face of ourrent money], Washington ad-) como De Varco {8 @ STONE PossIDINIty | certain. Teed Mel ‘that an arrangement will be arrived | cvandior Mot at between this and foreign govern-|cheq & (bio. ments whereby the interest on more|cui M & HP OR 41% - than $9,000,000,000 of obligations due} oui ua SU Rt O14 | this bye gay will be funded for @}oni RI & Pac. ree years, and therefore {oni nt & 1 jzboula gr oceur it will take a big} Cuile Coprm . ‘toad off hange market. But] (rine Comer . ‘tag market failed to show much otitge, & Klee rallying power in late dealings and |coum, Gewoshone @ closed close to the lowest prices of [Co Cola | A dig reason for speculative un- {Cn Tat; Cet, cai foolhardy. Bank loans are gradually ore Wrote being reduced, but it is well known| . point satisfactory to Federal Reserve !oon, Texte _ | Volamare & Hut, Bank officials. Not only is the sur- bes, ete House members at an unusually low | ime Mines posits and note lability of the Fed- | Puan iran... eral R-aerve system has shown but is ci very small improvement during the| Hire 1 past two weeks. It seems a practical | temo Mavens certainty that money rates will again |" quickly reflect any further extensive } reer In support of the violent forward |General Biee comparative market heaviness, it to- day has approximately $200,000,000 k, and its total Liberty bonds, Total stock sales, 1,198,900, LIBERTY BONDS, 100; 1st 48, 94.10; }4 1-45, 94.06; 4th 41-49, 91.10; Victory te df property in the’ world.” Even Loan 3 8-44, 99.08; Victory Loun 4 3-49, when costs of material and |9.08. Call money, mixed collateral, 7 per EXCHANGE, demand 4.04 francs, demand 9.71, cabl 9. lire, demand 12.05, cables 12.0: guilders, demand 87 3-4, cables 37 7- EARNINGS, Corporation.—Five In many important fe 20 cents per pound he present males price of | 405 3.: seems a safe prediction be a general reduction orenee nee managers ipping into ac- mg et of other| Fisher dividend requirements. | months ended Sept. 30, 1919, surplus of $1,154,341 after charges, Federal tax Pratos Srotl all uring: the| ang peaterred divisions, equal to $6.77 Parish and Bingham Corporation.— Seven months ended July 31, 1919; net figure than when the bull| PFotit after Federal tax of $404,921,|Common stock of Aluminum Mana. equal to $2.69 a share on 150,000 shares | factures, Inc. for this poor showing| of capital stock. It, Aare, yt Ant, Mer, Marive.. we | tnt, Mer, Mt Int, Nickel | tnt, Pager | Tron Products Kelly “ing M8 | Helens Wheel a | | menvecott 2'% | Kertoue Tite | Krevae | Kena Jee Ruler é& | Lava Vaiey Martin Ware Mewell Motort Holy Mitvaie Stet Minoo Kan & Miewoarl Bx as National Low! Neruda Corl N.Y, Airtrake N.Y, Central, NOX, Duck. Vere Marquette iL Cv, Pierce Arrow Pierce Git Pitta, Coal Pitts, & W, Va. Pond Creek Coal Press Steel Putian eo, Sinelair O41, 4 | Mom Siett Stee' mgnhert Pac ite form Malia: , | Seemmtere Stamledahor Stutz Metor St Jomnab Lead "1, & San Pan, MAL Avenyie ‘Torueco Phx Trane Oi Trane & Wiliams " Uedor Vis Vain On, Alhe J, 4. United Food M US, Rabber VU, 8. Satter Widys-rordannd White Gfoton. . Worthington Pr, Jan, 15, ‘Stromber, quarterly $! andi Jan, 2 a. January duly The Hercules Paper Corporation been incorporated. under the awa, of the Stat New York with # capita! of, * 400,000" of 8o par value, lo en igs THE EVENING WORLD, _WEDN ESDAY, NOVEMBER 26, (1919. 7 _—s THE OUTSIDE MARKET. Liquidation coupled with consider. able short selling cau! market to exhibit a downward trend 500 Conden & Co 1000 Kameraida Oi l the outside 1500 Federal 01) 100 Glenrock Oui 1400 Guffey Giltespie 100 Houston Ou 100 Indiahoma tet, fractions to more Holders of stock, who purchased in » on the theory that the selling movement had been over- disinclination to carry stocks over Me holiday, in than 4 points, the recent dec! «ithe same wafortunate misconstruc-]in mind except the Americantzation {Wilson was in the campaign days] PROPOSAL TO MAKE IT PARTY ntie! parent inability of ‘the Cabinet to settle the coal strike, were several the general Simms Petroleum sold up ty 53, @ new high record and a gain of more than four points over yester- Optimism regarding the ny's outlook was gene rated by reports spread by interests id 4 with the company who have just re- turned from the bropertien. , 200 Metropolitan 350 Midwest Hef 1000 Morten Pete 100 Northwest Oil .. fate, ville V1 ' & New portant exceptions 1000 Producer & Mefiners 1} setts Senator's statement must be|that was expected from Republicans taken in the light of what had been! when the idea was first broached. happening in the Senate and not as| The older heads in the party see an isolated expression of a purely] such an easy victory ahead that they partisap purpose. The Democrats!do not want to present the Demo- had been consictently opposing res-|crats with an issue of such impor- ervations. Senator Lodge and his;tance that the electors might divide colleagues insisted that it would bel} evenly, forgetting in the confusion ,@ surrender of American sovereignty | some of the Democratic Senators in Mm jto pass an unqualified resolution | domestic Administration. rwlet ratification. He viewed the res-| In other words, if the Republicans ervations as so necessary that he} bave a cinch in 1920—and the lead- was willing to leave it to the people} ers think so—why take a chance on to decide in the next campaign if the Democrats insisted on their posi- tion, Minn & Sth, New 500 Mouthern Sates roduicer of the metal persists in cling out of line’ with the Stock Ex- It is being t Measuring its ing prive of the present Worth about MISCELLANEOUS, y a0 Wer O & N.Y NM aM N.Y. Ont, & We, (Norfolk Southen .. (Nor, & West... ‘Northern \Pacifie. . 6800 'Am Tob Sec it has been apparent that the Demo- crats have come over to the Repub- lican position to the extent of favor- ing a resolution of ratification with reservations. The Democrats have shown a distinct desire to dispose of the question and not leave it to the campaign of 1920. So the initia- tive in making the treaty a partisan campaign issue will not be taken by either side. That means compro- Republicans will insist that. the} OVTO GORITZ, OPERA LEADER, 400 British Am Chem Am Tobaceo coup 14g | 100 "Gold Cons 1000 "Gold Merger * | yon *Gotd Stiver Pick 90 Maibohm Motors . 6400 Hecla Mtoing Democrats show conclusively where- 200 Overland Tire wherein they can be changed so as not to sacrifice the principles which the Republicans have stood for. WANT THE DEMOCRATS TO Federal Passporis | 100 Stanwood uber 40:0 Muchester Mines 4700 Nope Group foo Silver King of Arie Rew, Iron & Steel... Royal Dutoh N. ¥.. Savage Arms, Saxon Motors, Sea, Alt ‘Line. Seam Roctnick,, Sivattuck Arie, 2700 0 8 Steam ...... 400 United Pict Prod 500 United Profit Sharing 2800 United Iter © 4900 Vanadium Steel 1800 V Viviadon Ma! 00.8, Silver Lead. we Success Min, to have the Democrats take the initiative in the compromising pro- cess, I am assured that the Repub- Hlicans will not move the treaty out | Bowe ‘Temopah (aon Bor | 1700 Tone Divide W TDowopaty Miriaale 1000 Amal Royalty 200 West End mise, Democratic overtures no matter how distasteful that may be. But the Democrats, on the other hand, can ,| Point to the Senate Foreign Rela- | tions Committee es no place to begin 9000 *Boston Wyoming . ij Dower in that committee is held by men like Senator Knox, who are out-|arty-six years old. He is an operatic BOWIE ENTRIES. spokenly in favor of the defeat of | baritone und made his debut in Amer- BOWIE RACE TRACK, 3 —The entries for to-morrow's races aries D. Hastings, Prosident and General the Hupp Motor Car Corporation, has boon elected President to succeed J. Drake, resigned, will continue aper produe ‘formerly Vice | Manager of | one thing—namely a conference such! Hritiah OMicer Siain in C as Senator Pomerene ef Ohio pro- posed in the closing hours of the omoes was murdered during a street session consisting of Senators Lodge and Hitchcock and three others from! straiors and one soldier was wounded. each side of the chamter to work . . _— _ out a compromise. Such a proposal would probably provoke endless de- , Hoduat, Al, A. Wal, & lem), eral Mai Chairman. of | General Motors Corporation, icheduled to meet to plan for splittin; President. Simms. Simms P. troleum Gomaany, Oscar L. venice n International ‘Corporation, returned to Ni xtended trip, over in Homer Field of saul DUKE OF ESSEX STREET = LOSES FURNITURE IN wee i Joe Levy, counsellor at law and for a Reneration known to the east side as | itm the Duke of Essex Street, went before nual 21-2 per cent. preferred payable | Magistrate Corrigan i fh seems cea an in Essex Market asked what going to be done about his table and elec- trle Hght globes, selzed in a gambling raid In the basement under his office at No, 61 East Second Street, tng is next door to the court house, Twenty-five prisoners were arraigned, charged with being common gamblers. According to Detective Stern they were playing crap when he broke in, discharged all . 10 ‘Vastoral Sat, 00; ana nk ey A ma ‘Weir entry. Liggett & Myers Tobacco Co.—Reg. AUTH RACE “Caiming Cat ular quarterly 13-4 per cent, ferred payable Jan, 1, 8. O. of. eC: Tamar quar- terly of $8 payable Jan. Northern Pipe peat ea semi- annual of % a share payable Jan. 2. Carburetor — Regular payable Jan. 2, Keystone Tire and Rubber Co.— Reguldr quarterly 3 per cent. mon payable Jan, Pan-American ‘95, Marrone and Wate sisi Hh eaten HAVANA ENTRIES, RACE TRACK, HAVANA, Nov. The entries for to-morrow's races 41 etroleum—Regular | quarterly of 3 per cent. on common per cent. on preferred, com- 10 and preferred Boston & Albany Quarterly of 21-4 per cent. payable insisted Levy, {They took the table and all my chairs Ught globes from my The police took them for ev What do I do to Ret them back?” | mon payable Jan, enest RACE—Five and oneal fusions; Railroad Co. mth bublary’ asked the Magistrate, five candidates,’ nt} 4 the tounselio le bi ed him to see the In- my globes and m: The Court ad Range for the ein, at Chica, \rcember TER Ie laborite Elected to Com- m Nov. 26.—John Lawson, Laborite, has been elected to the House the _bye-election Chester-Le Street, Durham County. of Commons Th EAs RANGER PROD. & REF Corn—December, up Mind to 1:2; May Ys up 5-8 to 3-4, 1-8, Onts-May, off 1-4 to Peemoeratia opponent, ‘The election wai juensa Kills 19 in Jerse: TRENTON, N. J. October there were nineteen deaths from influenza in New Jersey, compared with Httecn in September, and 8,477 in Oc- tober, 1918, when the epidemic was rag- 2,764 deaths in New David Giinatrh, 1) PBL, CORTLANDT—2543-4-5, 8273-4-5 cAvpegeuce allowance claimed, Weather clear;| i i i i) i 2 Os am am a Jersey dat month, Former Brookly Bankers Trust Company has been for preferred and appointed registrar ‘ank Cracks, . R. R. Meredith, once pastor of a Ghureb in Brooklyn, . died here cary to-day, aged eighty- When the Civil War brok gut be lett the “pulpit and served 4 ¢ came to Pasa- it LANCASTER, Congregationa! tank filled with oll caused, & fire to-day a’ he: Company, The loss on Was $160,009, | fhe Finton Army, Gene ion yeare ago, CURB FLUCTUATIONS IN OILS AND INDUSTRIALS’ bate and wrangling if made a formal REPUBLICANS NOT matter, but there is no such objec- | tion to an informal conference com- 10 FORCE TREATY |: inittee meeting outside the Senate. To such a conference could be in- vited men like Elihu Root, William Howard Taft, Oscar Straus, Presi- dent Lowell of Harvard and other men whose purpose is to get a League of Nations and Treaty of (Continued From First Page.) Peace and who could not be sus- ee pected of having any otlier purpose tion as the position of President/of the treaty and league. ; When he was being accused of favor- ISSUE NOT POPULAR. ing a soft peace with Germany, From a purely political point of Lopag STATEMENT IN LIGHT OF View, the thought of making the SENATE HAPPENINGS. treaty a campaign issue has not re- But the fact is that the Massachu-'ceived the enthusiastic approval such a thing as the League of Na- tions, which is admittedly harder to But since the Congress adjourned ment? So from every side has vome the word to forget about that little statement issued by the Massa- chusetts Senator and dispose of the treaty right away so that the decks may be cleared by the Republican campaign managers for the pre- sentation of issues and questioned on which the Republicans have no | Democratic waste or mismanage- |= of success. n their reservations are faulty and GOING BACK TO GERMANY Baritone, Who Headed Company} at Lexington Theatre, Gets TAKE THE INITIATIVE NOW. Clearly the Republicans would like; The State Department has Issued an alien passport to Otto Gorita, formerly understand than such single things | a star of the Metropolitan Opera Com- pany, and more recentiy managing al- rector of the Star Opera Company, or- ganized to present opera in German at) o* the Committee on Foreign Re-!!¢ Lexington Theatre, Goritz got much tn mies finite [Notoriety when the Star company per: | ations unless they have a definite] istea in ite efforts to carry on oper: understanding with the Democrats] ig German despite the protest of thou- as to the character of the compro-| sands of American Legion men © 1d riots at the theatre. It was reported that Goritz sang a parody on Nessler’s "“Trompeter von Sakkingen,” glorifying the sinking of the Lusitania, at a New Year's party at the home of Capt. Hans Tauscher an Mrs. Tauscher (Mme. Gadski). Gorits| admitted singing the parody, but said it efore ay one in this country be- ompromising when the balance of ed that America would enter the Pride will not stand in the way of ritz was born in Berlin and is tropolitan Opera House in | the whole treaty. ‘ W038, He lived at No, 170 West xotn That leaves the way open to only Stel ee ‘o Riot. Gov. 23.—A British CATRO, Sunday, riot here last night. Other British sol- diers were fi upor the demon- “| Livingston) Oil BUY—SELL—QUOTE GRIFFITHS & HIRSCH BANKING AND FINANCIAL. ee ! Market Despatch N An authoritative mick } there are (imely di cussiona of the fol Mowing active seeuriter Marsh Mines Vanadium Steel | International Petro!cum CORALT PORCUPINE STRAT Dircot Private By to Conade Oil, Curb, Mining, Industrial \ N 1,000 Companies, 288 Pages lea, business, officers, earnings, Dro ductio ten yer Of inestimable value to every stock trader, of information which’ you Now 5) Exchange Place, N. Y. Tel. 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