The evening world. Newspaper, May 19, 1920, Page 1

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nach. TO-NIGHT'S WEATHER—Probable Showers. MME MOR To Be Sure of Getting a The Evening World, Y Order in Advance from Your Newsdealer MMM : Ye VOL. LX. RO, 21 87—DAILY. Copyright, 120, Co. (Thi INION FIGHT TIES UP N. Y. MILK SUPPLY Che [* Circutation Books Open to All.” | y The Press Publishing jew York World), NEW YORK, WEDNESDAY, MAY 19, 4 IS THIS PRO @ ATLANTIC REFIN FOR SIX YEARS MORE THAN SEVEN TIMES CAPITAL STOCK \ sacs pea “Net Profits Available for Divi-| H —dends for Standard Oil Or- phan $35,471,989. i | 1h / SHARE Nolan Peoe Quoted as “High as. $1, 700 | Since Supreme Court Or- dered “Disintegration.” | | By Martin Green. | OR the information of United) States Attornéy General A. Mitchell Palmer, if he is inter- ested, the main office of the At- | lantic Refining Company is at No. $144 Passyunk Avenue, Philadei- phia, and the lat- est officers ot record are J. W Van Dyke, Pres dent; W. P. Cut- ler and W. M Irish, Vice Presi- dent: W. D. An- derson, Secretary, and H. S. Mustin, Treasurer. The directors are the President, the two Vice Presidents, the Treasurer and J. W. Liberton, and RD. Leonard of Philadelphia and G. E Glines of Franklin, Pa. is another Standard Oll or- phan. When the United States Su-| preme Court decreed that the Stand- ard Oil monopoly should “disin- tegrate” the sharcholders of the} Standard Ot! Co. of New Jersey took over the capital stock of the Atlantic Refining Co. and the latter corpora- | tion started’ on a supposedly Inde- | ‘pendent nd competitive career, Nevertheless it !s ono of 35 corpora~ tions grouped every day in the stock market reports of the New York| ‘Times under the heading “Standurd Oll Stocks.” A year after the “distintegration” the stock was quoted at as low as $250 @ sharq In 1919 the low quotu-| ‘tion was $1,035 a share, the high $1,700 -a share, To-day it is being held at around $1,200 a share; and small wonder! BEST NOURISHED OF ALL STANDARD OIL ORPHANS. is It ts the best nourished of all the 3 Standard Oi! orphans. The capitali- gation up to Oct. 6, 1919 was $5,000,- y 0 in common stock. the six years 1913-1918 inclusive | the Atlantic Refining Co. earned in) ; net profits available for dividends $35,471,989 or more than seven times Ate $5,000,000 capitalization, The aver- age annual earnings were $5,911,998 or | 118.%4 per cent. The latest financial statement cov- ered the nine months ending Sept. 30, 1919, and was made just before th shareholders authorized the so} of the common stock from 100,00: to $50,000,000 and the creation of $20 000 new preferred stock ATTORNEY GENERAL PALMER, inere e oper tions for those nine months were on a $5,000,000 capitalization b The dicated earnings on capital stock for the first nine months of 1919 were 157.32 per cent, a deduct Vederal taxes, and t ated ne earning for the y« propor tion was carried eut f maining three months—on w $5,000,000 beagion basis, was at the rate 7 per cent, In 1915 the company earned approx, mately 107 per cent, in 1916 approxl- (Continued on Pigtesath Page. | | tate jand American | unofMictal FITEERING ? ING EARNINGS | 1S. ENVOY TO AD “IN NAMING TOTAL GERMAN WAR BILL Wilson Likely +08 Send an Offi- cial Representative to the Conference at Spa. By David Lawrence. (Special Correspondent of The Eve- ning World.) £ WASHINGTON, May 19 (Copyright 1920).-The United ment may be officially represented at the meeting between the Allles and States Govern- Germany at Spa, where it 1s expected that a definite sum will be fixed which the Germans will be obligated to pay as war indemnity. Although America has not ratified the peace under which the Repara. tions Commission was to determine the amount of German indemnity and Arerica was specifically desig- nated for membership on that com my ssion, a question has been raised | here whether it wonld not be within | the jurisdiction and power of Presi | dent Wilson to appoint a plenipoten- | tary to sit in at the most important meetings If, it Is contended, tho President could appoint a commission to nego- peace, he can appoint a com- mission, or an envoy, to discuss fur- ther with the enemy the working out of the terms of the armistice, All the meetings thus far in Hurope have been between the Associated Powers diplomats have been “observers” without any opportunity to participate in the dis- cussions. WASHINGTON IS TIRED OF THE HUMILIATING SITUATION, Officials here are getting the humilation of having European governments discuss affairs vital America's economic welfare American representatives through the keyhole" ‘Treasury officials Strictly speaking, the President has an important decision to make in connection with the Spa confer- ence, for Germany really signed the as one of the hraséd it. peace treaty and consented to vesting Classified Al ianiicn | Important ! . lansited advertising copy for The Sunday World should be in The World oMce On or Before Friday Preceding Publication Marly copy rece hen Sunday adv omitted. Late adv omitted for lack THE if ( ORLD tired of | to| with | “looking in MURDER VII, POCKETS RIFLED: ~ FOUND IN STREET “Danny Bobs” Shot From Be- hind, Fifth Killing in City | in Three Days. | HAD POLICE RECORD. | |But Wife Who Left Him) | Shortly Before Death | She Knew of No Enemies, Haniel Barbella, a youth known to the “Danny was dead at 1 this | Elizabeth and Prince! | Streets by Wm. Mann of No. 19 West! 24th Street. Mann whistled through ; his fingers until Policeman Rellly of| the Mercer Street Station looked him police as Bobs,” | found lying o'clock morning at up. Larbella's pockets had been turned inside out, ‘There was a bullet hole in tha back of his head and one in| |his shoulder, His identity was es-| |tablished by a gas receipt found under his body, and his wife was found at No, 22 Rivington Street. | |She said she had left him at mid- |might ina cafe near the corner] where he was killed, and he had} told her he would follow her home| in a few minutes, | Though she would say nothing of any enemies her husband had, the {police made up thelr minds he had |been shot in a gang feud growing out of quarrels regarding his alleged rough methods in keeping the larger ‘share of the profits of various enter- | {prises in which he engaged. | | By fingerpr...ts it was established that Basbella had been arcested three times for burglary and once for robbery. He was once sentenced to| the House of Refuge and once to the} | penitentiary, His picture has been in | the rogues’ gallery since 1911, | The murder of Barbella ts the fitth | which has engaged the attention of | the police since Sunday. Tho others were: | Henry Clark, twenty-elght, aviator, stabbed to death in Brook Avenue at 12.30 A, M. Sunday, Morris Fishbein, thirty-seven, shot to death by hold-up men in his home, | », 77 Second Avenue, at 1,30 A. M.} Sunday, | George Lorello, thirty-one, No. 34 Union Street, Brooklyn, shot to death |in the street near home 130 A. M. Monday, — JOHNSON TO FIGHT IN THE CONVENTION Will Go to Chicago Delegate and ¢ Own Battle, SAN FRANCISCO, May 19.—enator| Hiram Johnson of California will shat- Alternate | | of big powers in the reparations com- bb arent mau eerie that | teh Precedent by appearing on the Moor | i. : od the Republican convention at Chi-| America would be a member of that Republi ation i>} body. The President asked Senator |°#8° to fight for his nomination and Lodge to co-operate in approving the | for the adoption of his anti-League of appointment of an American repre- | Nations platform. Senator Johnson sentative for the reparations com- |wi attend ‘the convention as an alter: | nate ate, ission, but the Republican leade missi n but the publ neer | California's delegates. met _here| decailnuad ne Macond aus) to-day to organize in support of Joline son, They will also select tl oe alternates: ii _— BOY—GUNPOWDER—BANG! , Played With « In in a He marsi, t ars old ary 181 Ning Bronx ride | Time 19. 920, | ‘si ot) nee tid _ ee siminy aged’ ragout tab ae canes, ear tte noo, Weild: Wiailag, ad | ‘BOY OF SIX SAILS induct et ALONE ON EIGHTH TRIP ACROSS OCEAN —_— | Rainbird Makes Out Own Passport Papers for Voyage to See Grandparents. When the Cunard liner Royal George sailed for England this morning a manly Uttle figure, dressed in a blue ailor sult, stood at the rail and waved xoodby m the The old, Bronx. to mother and sister, wharf. atanding boy was Eric Ralnbird, six years 0. 2426 Valontine Avenue, tl He ts on hia way to visit his srandparents, Mr. and Mra. William Dowling of Landon. of Eric's father is @ salesman about to leave the United States on a iusiness trip. Mrs. Rainbird is to accompany her husband with May Rainbird, Briqs seven-year-old sister j "This ts Eric's eighth trip across the Atlantic,” explained Mrs, Rainbird. “The sea 1s almost like home to ‘him. | He signed his own application for a Passport ‘and the other papers necea- sary for the trip. He was born In Ene- land, came to this country in 1914. when he was ten weeks old, made two round trips through the war zone in 1915 and another In 1917, a0 you see he 8 used to the voyage," Eric, asked whether he was sorry to eave his mother, blinked a bit and ad- mitted he was, but cheered up when eminded of his grandmoth land When I grow up ¢o be @ real man,” he announced to the reporters, “I am golng to be the captain of an ocoan just like this one, maybe bigger.” in Eng- FAMILY OF FOUR “SENT TO JAIL” FOR BREAKING DRY LAW Father Gets Two-Year Term, Mother 18 Months, Son and Nephew 6 Months, TOLEDO, May 19. N TIRE family, consist- ing of father, mother, son, and a nephew, have been sentenced by Federal Judge after conviction for violating ional Prohibition Act, li Herman, the father, who was proprietor of a cabi ceived a two-year term in the At- lanta Penitentiary and was fined $5,000, His wife got cightecn months in the Jefferson, Mo., pris- on; the son, Marvin Herman, and Henry Rosenbaum, the nephew, 6ix months in a workhous _- Best Sats, 82, Mat. To-Day, ‘Floredora,’ Cemtusy Thee, Biggest Musical WU) la Towa.—Adrh * Men Who Are Out Invite City rid, bd _ CHremiatian eeere uss to All. »| ‘TO-MORROW'S WEATHER—Probable Showers. OFT TA E&Di sha Silt Entered as Second: Post 01 920. ari TWO CENTS IN GREATER NEW YORK a TURES CENTS, ELSEWREUB ROW WITHIN UNION ISCAUSE OF STRIKE BY MILK DRIVERS aioe PRICE REDUCTION | Examination of Organ- izations Books. |EMBEZZLEMENT H INTS | era Men Say They Want City to Straighten Out Organiza- tion’s Affairs. | More than 1,000 of the milk wagon | drivers who away work to-day, meeting this afternoon lin Sokal Hall in East 734 Street, cheered the declaration of Chairman Louls Etler that they welcome the examination of thelr case by repre- sentatives of State or city govorn- ment, will be glad to submit the trouble tot arbitration and have no inelr anton, remained from other desire than to vid |of the men who, they say, con trol of it unfairly. On the platform with Etler and Max J. Scharf, whose ouster from the office of socretary-treasurer is said to have followed his complaint of financial crookedness among those higher up in the union, sat ‘a number of young men | who looked as {f they had been filling Jin for Dempsey'’s sparring partner have |up by guerillas employed by official. of their union. | “Strike or no. strike,” éent and General Mana ‘ Horton of the Sheffield arms Com- pany sald this afternoon, “75 per cent | of the 2,500,000 quarts of milk usually | supplied by this company to tho five boroughs will be delivered to-mor-’) row, “The Sheffield farms Company,” Mr. Horton sald, “has no direct con- corn witht his disorder, which 2 urs to be a. quarrel ions In the union “One faction comes to us and says there will be employees at the 28th Street burns is not removed, The man is removed in accordance with the other faction quits, tend to understand what it is all ubout, but the situation is well in hand and 76 per cent, of our deliv- eries will be made to-morrow.” Fred J, Sterbinsky, President of so Vice oF I do not pres fours and Helpers Local No. 684 as remained at work, sald he was calling upon the International Brotherhood of Teamsters—of which his local is a part—and expected to get such back- ing a# will send out every milk wagon in New York. Many persons called at the brnach depots of the. Sheffield Farms Com- pany and Clover Farms for their milk, but Httle milk was delivered except to hospitals and nurseries, for which pur- pose sufficient men were aiowed to re- | at work. OMicials of the com- panies and other employees made sonal deliveries in extreme cases where | sickness among children was reported. | The drivers quit work without noti- | fying thelr employers. They charge ‘that their leaders are using high handed methods. Counter. charges (Continued on Second Page.) a | Houne Leaders Accept Knox Ren latto SHINGTO) House ax Was Headers in the the Pea up Priday for the re stitut ded Rob Store Near Vollice Station. | Marcus Miller's general store at No. 351 Fulton Street, Jamaica, ts wi }a block and @ ba’ & police stat {and Miller's brother, Henry, is a magi tra Nevertheless, thieves broke into | the store last night, carried $26,000 | worth of goods fo the back yard, loaded it onto a vehicle and got away with I —_ (Racing Entries on Page 2) ee Preat- | Loton | ery to-day. between fac- | a strike if dne of I union request and) much of Milk Wagon Drivers, Chaut- | per-| SWEEP COUNTRY, COAST 10 COAST |Break in Food Next Predicted in Chicago—Dentists Reduce Ri utes, GUTS MAD °) Movement Attains Strength in| Middle West; Spreads to OF $0 P. C, | Small Towns. CHICAGO, May 19.—High have reached their peak and present price slashing is fust becom{ig-gen- [eral throughout the country amd will prices merchants und business men predicted to-day. Food brokerage houses to-day pre- dicted food prices will fall soon. Veal and lamb prices’ have been two cents a pound wholesale within a week, BOSTON, May 19.—Price reductions of 15 to 60 per cent. were advertised to- Lame |day by retail stores, most of them in ‘These men told of having been beaten | clothing. FRESNO, Calif, May 19.—General lreductions on silk foods of 20 to 26 per cent. were announced by retall- CHEYENNE, Wyo, duction of 15 per cent. jof all dry goods and announced by one merchant hore. OMAHA, May Most of th | partment stores offered thelr entire lor greater portion of their stocks at discounts of 20 to 50 per cent, Sov- |eral dentists are making 25 per cent. May 19.—Re- on the prices clothing was reduction in all charg MILWAUKEE, May 19.—Large de | partment stores have cut p 2% ber cent ST. LOUIS, May 19.—Price reduc- tions ranging from 15 to 60 per cent were made by many of the large | stores here to-day CLEVELAND, May Clothing, shoo and general stores, three in Akron, two in Dayton, two in Canton | 19.— and one large and seven small stores {in Warren announce a reduction of 20 per cent. In prices, INDIANAPOLIS, May — 19,-—Silk | shirts and suits for men are offered | by leading merchants of this city at 20 to 30 per cent. below former prices. One rellable establighment Is offering silk shirts for men at $4.95, ualf th amount formerly for them. asked CHATTANOOGA, Tenn, May 19 | Practically all the leading stores arc dvertising 20 per cent. discount SHURGH, May 19,—Many large department tising “a saving of_from cent.” YOUNGSTOWN, 0., May reduction of 20 per cent. on ne | goods was announced to-day by one j of the large department stores, | WILMINGTON, Del, May 19, | Leading business houses here have reduced prices in the last few days 40 to 30 per « | RIGHMOND, Va. May 19.—Lead- lowered | 20 to 50 per| | instances 75 per cent. | Message stores are adver-| | | | | ing department stores and clothin | estat i here announced re-| ductions of 20 to 50 per cent. in prices a New Deputy Tax Comminstoner, r Hy ppointment of Jam P. k Deputy Tax Commi to repre the borough of Queer day. It ia to fill the vacancy caused by the death of James T. Olwell, Hicks 48 an Independent candidate for sheriff last fail and wos defeated. a SUE WORLD TRAVEL BURFAD, does eee 4, ts Pare how Benin Kah Coes ium! jor | aight iis Mowe N. Y. LEADS COUNTRY IN REDUCING PRICES © Advertisements Show That the Higher the Prices the Greater the. Drop—Banks Extend Campaign of Credit Deflation—Food High. , The most extraordinary news in the New York newspapers of this morning and this afternoon is in the advertisements of retail merchants. It 1s news about prices that have been cut 20, 30, 50 and in some FACTORIES CURTAIL FORCE AS DEMAND FOR SHOES DROPS In Haverhill District 1,000 Cutters Are Laid Off—More Likely to Follow. HAVERHILL, Mass., May 19. SLACKENING in demand for goods and transporta- tion difficulties were the reasons given to-day by manu- facturers for the lay-off of more - than 1,000 shod cutters in differ- ent factories here. A further lay-off of employees © is looked for, it was stated, CARRANZA CAPTURE IS AGAIN REPORTED Received at Houston, Texas, Said Obregon Had Or- dered Him to Leave Mexico, HOUSTON, Tex., May 19.—Prasident Carranza was captured by revolutton- ists carly to-day according to mes- wages reaching here. ‘The report: was received by radio by the Oil Weekly, publivhed here j Gen, Obregon forwarded passports to Carranza and ordered him to im mediately leave the country, the re- port sald. M’GRAW SUSPENDED The higher the price the greater the fall. ® Food is still high, The public can- not do without !t and therefore must pay the prices demanded. BANKERS EXTEND CAMPAIGN TO DEFLATE CREDITS. ‘Pursuant to thelr pledge to the Federal Reserve Board, leading bank+ ing interest here to-day extended thelr campaign of deflation of credits and high commodity prices. In the financial district this policy already has been effective In reducing specu- Jative loang ties to the extent of nun milion dollars in the last fortnight, in one instance that of a prominent trust company,’ by $100,000,000 ip three weeks. Banks in the wholele dry goods and general merchandise districts have been proceeding along the sami lines, and the ‘pressure exerted by those institutions is said to be dit rectly responsible for the wave of price cutting, Rowntown banks are reported to have advised drastic curtailment of loans to merchants who for any rea- non fall to comply with the Govern ment's dofiation programme, Importers and other dealers in the more Inxurious articles of apparel ay well ax manufacturers of jewelry, 9)!- verware and other so-called non-es sentials, are said to have receivedt word from thelr banks that only te most iwoderate financial accommoda- tions may be expected at this time. By wearing old clothes the pub- lic bronght down the price of new clothes; by refusing to buy new rugs and curtains and decorations and thousand and one odds and ends of FOR FIVE DAYS} housenoia conveniences the prices of National tants President Says Giants’ Leader Had Trouble With Umpires, President Heydler of the National League announced to-day that he had suspended Manager John J. McGraw of the New York National League Club for five days. ‘The suspension, he mld, was inflicted on account of McGraw'n trouble with umpires at Pittsburgh and Chicago, SEAMEN’S UNION WILL NOT STRIKE; KEEPS AGREEMENT A S showing the tremendous growth of the American merchant marine since the signing of the Armistice, Gus ywN, executive officer of the In- ternational Seamen's Union of America with offices at No. 61 South Street, said to-day that since November, 1918, the member- ship of that organization has in- er d from 60,000 to 70,000, “Pully one half of our mem- bers," said Brown, “are native born Americans and at least 16 percent. of the remainder natural- ized Americans, ‘The organization intern in that we have me local vnadian ports, but W { n~are on Ame fay Brown made it clear that the Seamen's union is not going on of sympathetic other Its signed agreements, ) run until May, 1921, and respected to the letter. aie eidece sad rain at ta! ats tants vot water, Sure Wellet, Dow's these were brought down. Here are results: The New York woman buying things for her personal use will find in the advertisements to-day the names and locations of stores where she can save from @ fourth to three fourths of her shopping money. In Fifth Avenue she can buy furs for $75, which the merchant a sbort time ago wanted to sell her for $100— only she wouldn't buy then. Because she had) her old shoes repaired rather than pay $20 for a new pair, she ts now able to get that same new pair for $11.65, and she can do very much better than that ff she does not insist on getting something “fancy.” A little while ago the suit she really wanted was quoted in Fifth Avenue at $245. She refused to buy it, and it 1 offered to her this morn- ing for exactly $100 less, ‘If that is the suit she insists on wearing sho has saved $100 by walting a few weeks, The business sult that she refused to buy for $85 1s now $50, And with the $35 that sho has saved on that purchase she can get another tailored guit of the sort that formerly cost $60 or $70. PRICES DOWN 50 PER CENT. FOR HIGH-PRICED GOODS. She can save from $25 to $75 on a wrap which #he recently refused to buy for $100 or $150, Dinner gowns prices are down more than 50 per cent, in several fashionable shops. A chain of women's stores operating in New York and other cities announcos that its prices on suits, coats, dresa.a and bats have been cut exactly ia two. Her husband can do just ag well, A little while ago he was asked $60 for a simple blue serge suit. It is ad- vertised to-day for $28.50 in one shop and in another there is a special »fer of a two-piece blue serge sult “with extra trousers free” for $19.60, Collare before the war sold at

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