The evening world. Newspaper, January 15, 1920, Page 18

| 8 _THE EVENING WORLD, THURSDAY, JANUARY 16, 1920. x “4 ” ! sai ly png mgtia ting \ garding » contemplated increase 30 In| 4 | FINANCIAL NEWS AND PRICES } iene | stitution recommended to the board | 4 rat the ninety-day commercial » discount rate from 4 8-4 to 5 1-2 per| | | counts secured by war paper {COMPLETE STOCK QUOTATIONS—2 P.M. | pipet oneal : 4 } | this action. jt will probably not be FOR POLITICIANS , Jannounced by the Reserve Bank until | ‘ U Open, Wa, bow, tase Oven, teh, tow, tase. | jafter 3 o'clock to-day H Aon 41% | Kelly Spring Wid, 108 VA | - a —-—- PNG, Mtuaaty i 4 | Kelsey Wie 78% Sihidle Bixtea Oil WHI Coed COTTON OPENED EASIER (Continued From #irst Page.) — | t Konmeris me Wednesday at 68: foll by 11.15 this| 3 May, 34.05, off 16 % “ morning to 47 3-8. : Oct., 30.15, off 9 | > th the game are R { } ee ie Le Rhine " In the absence of a deinite an-|HOMES FURNISHED — | sty which Fehiah Valley “ came: ether the Gates affect. The a ee Neb F noun emont as to whether the local WHILE YOU WAIT! off recent years was that of Chartes | 4m Hanis, & Sasi to's 110% | Federal Reserve Bank had or had not | bteateadl ttl | ns Hughes, who was being spoken | 4” Mal Shirt 2 «|raised the discount rate, speculative | : = the Prosidcney while he was | 0 Marval fa ed sentiment continued in a state of ap- } Future Occupants Mark a Blueprint ¥ or the esideney it 0 on Jexicwn Petroleum i | t Sti a Justice of the Supreme Court | Am Miami 44 aM delat e8 Met lost an-| + and the Rest Is t BUG craites wthten re Mullin Nevty “ jother point to 67; Steet Common Done. | ‘ HUGHES WAS A PUZZLE FOUR) I Ot inwinacee 4% wneceie; 8 oe 2 le roe Unchanged at 1047-8) aod Uh) ; \ Fresh Air Without Drafts, Dent, Rain Sane ‘ YEARS AGO. ie. ones an Miseniri Var . * > 8. Food Products receded fractionally | PIT H. Jan. 15 Seventy. a Br course nobody knew what was| dm, To & T. On. O7'4 Montana Porer 64% ‘| to 70 7-8. ‘The pyiblication of @ pre. |five mechanical engineers emploved by estes: gaing on in the mind of Justice] Am Wor ...... 146 M SI TM liminary statement of American Tole- [tie Weatingvouse Blectri: & Manufac- For Bed Rooms, Living Reon, Bath Rooms, Hughes, but he gave every evidence |Am MH" DS Ot Or Nattona i os eae ETE lt irene treba hi hy Offices, School Rooms, Hospital , : Saveritioo car a share for the stoak, | © abtng glared! | j ee a eae oe Nai Kiam, & Sin, 8 aera oe eetaeh In thine, {Where they will in future reside. Abundant pare, fresh air fs a health necessity. Continental , Months as he told would-be tore | : a le LG Natonel end A : , whiol gold at 87 168, Contrary to the usual custom of evers Sanitary Cloth Window Ventil supply the home with ; Rey Mila bagi ether online eeetngy Pott flecting an oversold condition the | man looking for a home, these engin fresh air, excluding dangerous drafts, duet and dirt. P Jieve, first, that there was anything | Ae" yy ti nt, market rallied in the first half hour. | will walk into new bouses, Cully fur Strongly made of selected hard wood and fine mesh, specially li the movement in his behalf whieh | aAreomn ate 78% Am A Jon recovered 3 ne ; to | nished and ready fe ney treated, buff-colored cotton cloth. § was Gepresented ty him, and, second, | \* he T's Padahetat ete A tro: | alien it was decided to move the | ‘ : that he did not really know what he | AU" Sule Ce "i ‘ Ea 4d To° | macaine a ment eae rented Demand the Genuine Continental Ventilators . would do if what he construed as * "4 4 win gained Adjastable—Fit Any Window— Installed in a Minate = tméfacle in politics” did come to pass. " my se | i He imagined that to be nominated a [Mart +e 5 LIBERTY BONDS THE CONTINENTAL CO., Book Bidg., DETROIT, MICH. t fan needed a political organization |Y" U0, he See ee aay ARE, Pee Oe teen aadieak ie i Fad he would'nt tolerate any such |@ariy Paine i Ro'Nt was ent to Leatar : “thing. He was greatly embarrassed | tain Man ‘tran 8, unloaded, -and experts fi Yoy- certain political managers who] hor", beg a) 4 1-48, 91 ys , | hotiee radia arena the plan out- | i. iarnst Hin, tit 48% (SUB, OEE ri On 106, linet in blueprint | 2 the impression that he had au- f ppbnil phencceh* Sala "portees tie thay Width beside bt bi BANKS SPLUING LIBERTY|LABOR FIGHTS RAIL RETURN. peice. BONDS -—— i Now, the case of Herbert Hoover ts Banks have been large sellers of| Farm Organizations Pesiont| 4 vey much the same except that Mr. Liberty Bonds during the few Measure In Congress. ! tg tne ban’ Retharhtalhe lla donde Glond weeks and especially the early days of], WASHINGTON, Jan 10-4 final eee was Justice Hughes. Mr. Hoover is se, Ras Copyer this weck, Many institutions have [fort t prevent reiurn of rallnamle 19 only sure of what he thinks ought to | Cer De ae ‘ emraci oe Chosen to dispose of a part of their |e" onnere Mann fat br be done in this country at the present | Certsin-Ivel Put. Tron & Sted. 110 holdings of Government ponds rather | Gorges tosta ronresentatives af “ age ot reconstruction, and he hasn't | Cn eT i, i Date N.Y. than use the faci Me ig TORRENS Fe ony ten & | any idea that his own suggestions ure 4 Motors. 3 Bank. It is fo et that eel oiiming ter this era of economic disorder. But he 15% | aerrtvern ierdtic stitution, and w Reserve. Ban ; would honestly like ta serve, prefer- 42% | Seisiaen My have not formally refused to discount a papact is 655 | Seatreen Ry, 1 this class of paper, it is said mem. ee oideetet \ze-A pe bell < ead rts Aided 34 | suede ber institutions have been Gurtioned SaRTae aaa fi re eens 04 | ante he in the matter of loane of this char- fl virtually throughout the world. 19 | Stace Motor. w . acter, loubtful ff any ri GeBVER DOREN'T THINK iv wie, pen tall 1 ‘ In many instaneos member bahks | w n he subinitted to 4 At All Hardware and House Furnishing Stores and : | mo. & 8. F. i vdvaneed the rate wil be reached until after Feb. 1 R. H. MACY & CO. FREDERICK LOESER & CO. bate & TAYLOR s NECESSARY TO RUN. } Gorn Sten TAT wd by. bond subscription: me ADAMS, FLANIGAN & CO. A. 1 NAMM & SO He doesn’t think it necessa [twa Cop & Oh ners. Many la corpor Nog Island Ship if ; bim to run for office pofptee of any administration goftrnment in bringing such knowl- #dge as he has to the relief of Europe, ‘Yr American economic, problems, Herbert Hoover is by no means a subtle person with a “poker face,” who could sit before you and deny |! That he is a candidate and leave you with the impression that he would be tickled to death to be nominated. He confident that the movement for jm which seems to have gained so much ground im the press is only ephemeral ‘and that in another six months he will not even be discussed tor the job and will be free to work out the plans which he has as a pri- wate citizen for service in the inter- mal and national situation. ‘The truth is nobody has been au- zed—oot even Julius Barnes— launch the candidacy of Herbert ver, for if that individual has his Way there wi be mo Hoover cam- vaign. But he cqn't very well show timeetf ungrateful to the men who have been complimenting him in their wpeerhes amd public references and “he 1s inctined to think that even his friends are wrongly construing the resentment against politicians as @ streng enough current to get for a -otngghileny Person a political nomi- E reaty of persons are trying hard ‘to boom Herbert Hoover and get on the “band wagon,” so to speak, of a perrenent that they think will mean whiner, But all this is only pro- ducing discomfort for the former rator who remarked to one (friend the other day that he hadn't lived forty-six years and been in business as long as he bas in all parts of the world suddenly to “get bis fingers burnt” by the muachina- ‘tions of politics. Nothing would burt him so much as to have the public get an impres- sion of receptiveness on his part and them have the movement of to-day eredually fade away, as he thinks it will, by the time the convemtions are that his friends had put bim in the awkward pesition of an office seeker, thereby influence citizen with the non-political elements of the at hand. He would feel injuriimg perhaps the very he might have as a private country in the future SAID TO BE UNDER TWO ILLU- SIONS ABOUT OFFICE. Herbert Hoover is under two i!- tempera- unsuited to for he regards him- lusions—one that he is mentally and otherwise be @ President, sel as too blunt a «k direct | am} 19% | Husk!) Inspiration Copper Intataxo Gon... Intarboro Com. aif. Inter, Agri, Oonp,. Tot, Murventer Int, Mer, Murine. ‘int, Mer, Mar. pt BEAT CORK MAYOR ON ELECTION EVE) Attack Attributed to His Opposition | to Election Poliey of Sinn the Lord Mayor of Cork, was attank- ed by a party of men while return- ing last pight from a meeting of de- mobilized soldiers. ‘The Mayor was knocked down and Aasnulled, For- mer soldiers rescued him, The attack | is attributed to the Mayor's ‘opposi- | tion to the election policy of the Sinn Fein organization. LONDON, Jan. 15.~Local Govern- ment elections take pkwe to-day |‘ throughout Ireland. ‘Me results wilt! be declared Saturday night. The chief points of uncertainty are the which is being tried for the first time, | If the Sinn Fein succeeds in propor- tion to ita sUPpoBed strength it will | contre! the municipal machinery ov three-fourths of the country, Th Sinn Fein has 707 candidates, Labo 595, the Unionists, 436, and the Con- stitutional Nationalists and Inde-| penden‘s, 588 ed. LUMBER FIRE IMPERILS MANY ur Fire that did $10,000 damage to the Charles H. Finch & Sons tumber bat eran & 1 i cank ‘Tetaeco Urea Fram, 011 Trin City B 12% | Urion Onl ‘in an appeal from the d effect of proportional representation, |“ yard, | pawnbr he te a Vaion Pacitic Unitel Dri United br *Un, Rewil Sioret ital Pood. y, 8, Todurt. Al 3, Teealty & tin 8, Tintter 1. B. Smettors S. Steel. eel wh ee : Watash of, Aso. Weer Maryland . Western Union Weetingisna Wheeling . Witis-Overiand opposes: BAIL L FOR REDS. Immigration Official Fears De- portations May Be Intertered With, Immigration auihorities to-day soul the aid of the Federal District Attorn ision of F 7 1 hat atfens heid in iners, eral Judye Knox that a) ra oe eat j immigration proceedinus must be CORK, Jun. —W. F. O'CONNEF | nitted to dail. Percy A. Baker, Superintendent at Ellis Island, expressed fear that freeing suspects on bail bonds will interfere with the Government's policy of ship- ving awity the radicals wito ate foment ing, trouble here The burden of proof is, upon aliens held in, th proceedings.” Mr. Bake said, “The deportation warra est t they must show © siiould not he deported. If tue. wut on wail after refusing to answer (questions it wil be almost Impossible to make Out 4 case ugainsc then, _ SAYS BOOK IS INDECENT. antic n Comedy of ends to Court. Job jumner, successor to An- thony ( kK as head of the Society |for the n of View, to-day | haled into the Yorkville Court Guy Holt, manager of the book department of | Robert McBride & Co., publishers, of Bast 11th Street Holt is charged with selling, called “Jerge’ Just Branch uminer, is" tr. Ho told the Ma commende ers, Tt dea a retired jyouth and makes the most of it, _ Coney and Avenue and Avenue H, Flatbusn, at 6 A. M, to-day chreatened a long row of dwellings in Avenue 1. across the 1a Island Railroad cut. to get} Firemen with pressure hose kept along with the political persons in| water pouring on the roofs, Congress and elsewhere with wiom| Battalion Ohlef pape ae : @ imagines he would be in an ins Miaccaa ica BalnNe tae ann tarminable strugzle; und, secot that ipped on an tee-coated freight an @ Movemen{ raised on the foundation | recelved cuts bruises, The wate: of popular resentment arainst any |froce ax fell, and firemen wlass is the most insubstantial thing | res They were re tyrwhieh to tie an anchor ai intervals. lames starte But every friend he has believes |i ek ctuck of al igen "Heover wrong, while the party politi- |)" ‘clans who ¢ ‘A nominations, un. {fned to the ce lowe the public takes u sta Jone of the lar pis rigtit, 1 freight car was destroyed to nomi + t goes for both wall as the Democratic ea him thom, TRENTON, N. J., Jan. POsed amendments to the Federal Con: titution must be submitted to x refer ydum of New Jersey voters before th lature can ratify or reject them ing to a bill: introduced in th den County, ld affect eny 15.—-All pro- yesterday by Asserablymun Coles proposed ‘now ‘pending and which not been ratified by three-fourths | nition of their serv ‘Btates.” dice f peace New Avecial to The E NEWPORT NEW ih. Terry, MacNally, whose home is said to have been in New York City, was found | * }dead in « hotel t aa He had b + |aaphyniated ¢ |downwan, on | mind lying, face | Mord George w NH Decorated ROCHESTER, N. ¥ 15.~The | PAIRS Jan, 15.—Premiers Lioy ‘Grand Jury to-day returned an indict: | were dec Rith the Italy to-day French Government Cross of the Legion of thoi by the | agains: Grand|who on their ‘Honor ‘in “recog- | beat Baward J in bringing @bvout jcounty with Germany, | Jan, 1b. }ment of pr for the productioy lof produce and supplies and as a meuns reducing the hig cost of living w to-day by ullfornin before the an Uni t the Nolan’ Bil 4 Md have the y at the ne production of like ¢ nity Employ- House Devaginie 19.—Thirty ON, Jan, ds were formally the Gover t Britain soviation te reforesting Ubi mand Mrance ¢ fin the British James 1. road on revenge, Representative | tive million | nent of France, Belsium an | ANNOUNCING | H nds {and airy board room mn Marder ie Pe Exchange Place H. C. F. KOCH & CO. ROTHENBERG & CO individuals have been | n yxtying off these loar his ineres carrying rate ji q prompted he: ling of Govern 8 i ’ ment issties are now said te be charging 3 1-2 per cent. ah ome cases 6 per event. for ¢ D.C. was these Government bond loans for cu: tomers. Many corporations — have clected to dispose of the bonds rather BANKING AND FINANCIAL. BANKING AND FINANCIAL. than pay a hij Se nnn a Seminreoataatana eaten? CURB OPENED IRREGULAR Int Simms, 50 1-2, off Phillips, 85: Carib, 10.30 prices quiet, Int. Pe to 69 1-2, Hupp, to 15 7-8; & Ref, 9 1-2 to 9 8-4; Merritt, to 20 1-2; Sweets Company, & Messrs. J. P. Morgan & Co. and Guaranty Trust Company of New York, fiscal agents im the United States for the Belgian Government, in conjunction with the First National Bank of N. Y., The National City Co, "Bankers Trust Co, Central Union Trust Co., Chase National Bank, National Bank of Commerce, Liberty National Bank, Harris, Forbes & Co., William A. Read & Co., Kidder, Peabody & Co., Lee, Higginson & Co., all of New York, and Central Trust Co. of Miinvis, Continental & Commercial Trust & Savings Bank, First Trust 8 Sav- ings Bank, Illinois Trust & Savings Bank and Halsey, Siuart & Co. of Chicago, offer for subsen iption $25,000,000 ‘acaibo, 2 ; Ryan, t Hour on, Motors. w 8 to 11 5-8 3 Nipissing, 11 3 sre 11-4 Demand Sterling opene 2.71 1-4, off 1 1-4 cents d weak at ne checks off 4 centimes; Lire checks 15.56, off 6 centiine Marks .0183; iVenna . ee meer BELGIAN GOVERNMENT per $15 c 19.1 Stock- Hy Belgian EXTERNAL GOLD LOAN ers demand One-year 6% Notes at 99 and interest to yield slightly over 7% MAT RAL EE PIB OUND RABE Five-year 6% Notes at 9534 and interest to yield slightly over 7% The Fei Reserve Bank expects to hear, during the course of the d: from the Federal Reserve Board re THESE Notes constitute an un- conditional ‘obligation of the Belg: Governm balance and therefore its exchange an position. It may be pginted out that ‘repayable in New York any improvement permitting the sale City in dollars. of ‘exchange at a price more favorable . . ee than eleven francs to the dollar (i.¢., In addition to an income yield of over 79, the Belgian Government has made provision whereby a substantial profit may accrue to the Noteholders BANKING "AND FINANCIAL, — NORTH AMERICAN PULP & PAPER What Is Back of the Market Activity in Thie Stock? 909 cents per franc) would realize a value of more than par forthe dollar upon a rise in the value of the Belgian franc. Under normal pre-war condi- Notes, and that the return of such ex- tions the Belgian franc was quoted at change to normal parity (viz., 5.1848 francs to the dollar), would give each $1,000 Note a realizable value of $1,561.50, ' aboutfrancs 5.18 tothe dollar(viz.,19.3 cents per franc). “Today i@is quoted at about francs 11 to the dollar (viz., 9.09 cents per franc). The Belgian eee ; Tue following table shows the Government has agreed that when sales of Belgian exchange can be made amounts which a Noteholder would atany price more favorable to the Note- receive for each $1,000 Note based on sales of Belgian exchange at rates holder than francs 11 to the dollar, any Noteholder may, at any time be- ood by Bren made at rererd prices, 90 high 10 a ton, compared with See si year rth American Pulp and I oareatly farine the br mite entire Bistery fe from the present level to the parity of exchange, This table is based on the customary method of quoting Belgian exchange in “francs ery investor shou: the proft possibile fore maturity, surrender his Notesand per dollar.” sEreitS parment of the pense) (i.e. 3 i. fe, «© $1,000.00 Bi par) ogether with accrued interest and 1050 " = 2 4o2asa Ww] also 50%. of such increased value of 10. ones 1,050.00 the Belgian franc. The precise method 9.50 . - 1,078.95 40 Exchange Place of realizing this possible exchange 9. Voom. eS Ray ‘onoNTo DETROIT fi een il hi Cy ae SPURS tee erRacoss bea tH pro’ t is set forth more fu y in the ate ieee 1,187.50 Phone Bread 6016 prospectus describing the issue. 8 8 7 oes 7. “ 6. 6. So “% 2: » .1,233,33 Dewees Prete Nee to Canada ‘ : 5 Aaa W ; ; ‘ — ITHOUT attempting to pre- 50 - 15,346.16 ; es =. 1,016.66 BGO as ove) 150000 5.181% ‘* (parity)- 1,561.50 For fulldetails regarding thisissue reference ismade toa circular describing the issue mere completely. dict the future course of the market in Belgian exchange, it is logickl to expect that the restoration of industry in Belgium and the increase in its ex- ports will tend to improve its trade The opening of our new, large, light Ticker service |and additional direct wires have been installed. | ] ss aca | Pay Us a Visit January 10, 1920 Stocks & Bonds New, York Phones: Broad 3581-3336-