The evening world. Newspaper, May 19, 1920, Page 15

i RNINGS IN 6 YEARS | TTIMES TS CAPAL|= Continued From First Page.) ‘hy 187 per cent. in 1917 over 172 it." and in 1918 approximately cent. In these four years the surplus more than doubled, as- $26,137,413 in 1916 to i from }2,881 in 1918. 6 the net earnings after de~ nominal Federal taxes were ‘268. ‘Tho heavy income and ex- | profits taxes were imposed by gress in 1917 and the Atlantic Re- Compan; tel; for paid in those tax 917 was $8,364,384. 000 in“taxes and suffered ry. $5,000,000, But the - in rds the company took care of of gasoline going up the corporation i erty ly three-fourths of its Federal taxes. The Atlantic Reflning Company operates refineries at Philadelphia Pittsburgh and Franklin, Pa. Brunswick, Ga. It also conducts a line of tank steamships represent n investment, of almost $9,000,000 and controls a number of subsidiary com- nies. x The United States Government was a heavy buyer of fuel olls from the Atlantic Refining Company during the war, when the profits of the company reached phenomenal _ proportions. About a year ago the company brought suit against the Government for $2,200,000 alleged to be due as a matter of difference in the price of fuel +H supplied to the navy. ANGLO-AMERICAN ANOTHER STANDARD OIL ORPHAN. A Standard Ollvorphan of foreign birth is the Anglo-American Ot] Com- pany of Engl organized under the Fnglish 1 in 1887 to be the marketing company in the United Kingdom of the Standard Oil, Com- pany of New Jersey. In accordance with the decree of the United States Supreme Court in 1911, the stock of the Anglo-American Oil Company S/owned by the Standard Oil Company income of only about $700,000 in 1918, after paying approxi- y $6,000,000 in Federal taxes, the showed a net Income of of New Jersey as a corporation was distributed to the shareholders of the Standard Oil Company of New Jersey. The cupivalization df the Anglo- -| American orphan is rated in pounds -| sterling, and owing to the shiftin rate of exchange in the last few yer an effort to set forth its financial op erations in dollars would be confusin; and propably inaccurate, The ca talization was raised from 2,000,000 » andl, the Usited States were let in on the new issue to the extent of 50 per cent, of their holdings at $7.60 a ehare, An illustration of the scrupulous care taken by the Standard Oil inter- ests tc comply with the laws of the countries in which they operate ts taken verbatim from a pamphlet of information and advice to investors ‘issued on Jan. the increase 4 pampniet states: 1920. Speaking of capitalization the “Inasmuch as war regulations pre- Vented the issuance of new capital in the (United Kingdom during the war, A SCHEME WAS ADOPTED where: by the ratable proportion of the new | stock was reserved for subscription | by shareholders resident of the United Kingdom at the price of one pound 11, shillings and sixpence and the issue to them in the mean time of scrip cer- ; tificates.” SENATE PERTURBED OVER REPORTS FROM ENGLAND. Considerable perturbation was manifested in the United States Sen- ate on Monday over the desire of Great Britain to monopolize the oil business of the United Kingdom and the colonies, Whether this perturba tion was inspired by Standard Oil irterests cannot be ascertained, but the Standard Oi! interests were ap- parently not much worried about the outlook in the United Kingdom Iicss than @ year ago. At that time A. C, Bedford, Chair. man of the Standard Oil Company of New Jersey was in England. News-' per reports stated that he was Se- | lieved to have been in close toyeh, STORE OPEN 9 A. M, to 5 P. M. AEAR | Pouteath tres Fashion turns a smiling face on the thrifty and economi- cal housedress, and contributes to its utility worth a splendid charm of delightful styling. To this we add our once-a-season value which permits savings so large that women who buy may almost double the number of THURSDAY Our regular $5.94 their purchase, and still pay no more planned. Housedresses Sizes 36 to 46 Are of Gingham and Chambray in plain colors, checks, plaids, plain and fancy stripes with trimmings of pique, poplin and hemstitched organdie, and are to be had in the models sketched above. f Housedresses Sizes 48, 50 and 52 Come in the two styles shown on either side, and are in gingham and chambray, with pique trim- mings. NO EXCHANGES See other pages for our three column adv. and Start of Season Sales of Children’s and Boys’ Underwear, Window Screens and Surf Cloth. West of With Avenue | British laws exempt fi of “an tm-| Standard OU orphan Portant International character” in-| kind to its fowter volving the Anglo-American Oil] United States as Company. More recently news de-| phans, spatches from England stated that oe value of the Anglo-Americon il Company hed béen incressed by the plans of the British Govern- ment to contro! its oil industry, and last November it was announced that the company was about to build a re- finery in England use present certain tax payments gasoline made in England. In the eight years, 1912 to 1919, the Anglo-American Otl Com; bas paid to its American stockholders 190 per cent. of thelr holdings in cash divi- dends, and also a stock dividend of 100 pd cent. in 1918. With cash and stock dividends averaging t T% per cent, per annum the OPERA CONDUCTOR WEDS. Mine Thornton Becomes Bride ot Richard Hagemann, Richard Hagemann, one of the staff of conductors of the Metropolitan Opera Company, and Miss Reina Thornton, img instruotot he has been for geveral years, were married yester- day morning at the West Side Presby- terian Chur h, in tl. Rev. David Johnsoi GET WISE! SAVE MONEY mader aint warn tole fit and ance! for Bult, #8 8, Khan cheap clothing. Conte Better Come see yourself. We Started Something Four weeks ago when we started our drive to cut clothing. prices in response to what we construed to be p be sentiment—we started something : And We've Never Started Anything We Couldn’t Finish So Now We Are Going One Step Further — Than Any of Our Many Followers And Offer, Commencing To-morrow, at 8:30 A, M. than originally NO RETURNS Everything in the Stock of the Seven Brill Stores For Men, Young Men, Boys aud Children Including All‘ Kuppenheimer Clothes _ At 25” Off Straw Hats Panamas Caps Derbies Soft Hats Canes _ Umbrellas Suit Cases Traveling Bags Trunks lewelry jathing Suits Shirts Underwear Neckwear Hosiery Pajamas Collars Bathrobes House Coats Sweaters ° Belts Suspenders Spring Suits Summer Suits Winter Suits Spring Topcoats Palm Beach Suits Mohair Suits ~ Cool Cloth Suits White Flannel Trousers aki Trousers Trousers of all kinds Evening Apparel AND IN THE SHOE AND WOMEN’S SHOPS OF OUR 49TH STREET STORE ONLY All Misses’ and Women’s Apparel—Waists, Suits, Millinery, Dresses, Bags, Umbrellas, Sweaters, Scarfs, and Nearly All Shoes for Both Men and Women. Our Entire Regular Stocks with the exception of Chauffeurs’ Apparel, Two Restricted Lines of Hats and a few Lines of Shoes. To-morrow Morning at 8:30 at All Seven Brill Stores No Exchanges. No Approvals. No Refunds. No Deliveries 2 Flatbush Ave. Brooklyn No C, O. D.'s. 47 Cortlandt St, 9 Broad ay vial 125th St, at 3d Ave. Broadway, at 49th St. 44 East 14th St. 1456 Broadway, at 42d St.