The evening world. Newspaper, October 14, 1920, Page 24

COMPLETE STOCK QUOTATIO Orn, High, Low. 1% 2 ey a —2 P.M Wish, Ter, a BK A “ 2 (19% mo OM i. oo Mwy ite tt au e? 35% 335929%25- 3% 53233 3 sisseress ‘ Hi ingly nde e , 3 = =e we * Bee 2525332 3 i fle ue bell] i i i N323¢ i cif ei rey iB aezsssyssz2-Fzey iH = $ . ey it ti pore’ ge t i 2 it | " > mt i F F fan j 2478 PAIRS NOW SELLING AT Get your pair now. One of Wal:-Over's'sading styles. Ex- ceédingly trim shoe lines. An extra big money's worth at this new price. ———_—— - Quer a meme, pple boot . EA Full line of Phoenis ond Van Realte Hosiery, “WSpecial 10% Discount and t Required eet aia Save $13.75 on This $137.50 Model RELIABLE PHONOGRAPH The amount you save through this Special Discount (813.75) will enable you to start your record library with one dozen or more records without cost. Handsome, large, 4 model. Hear what a wonderful phonograph the TV RELTABLE tc Come in while thie Special Otter Wet yc! $123.75 Payable a) o (NO DEPOSIT REQUIRED) $7 Monthly Last, ae oy 20 a0 n o% on un ue To% fren, Nich nl Aniline Chik & Bait Novade Cond New Ors Ta N.Y. Central, NYS a tt N.Y. Om, & W Notolk & Won.) Nortivern Nora Scotia Steel , Ola rm an Ontweso Silver Vac, Develow Cory, Tere Ataryiette. it, ~ Oo, heres Aeroey Pere Ol ., Ponta Bear | Despite a 9 per cent. rate for money jtanding loans and the cabled an- nouncemont that nglinh minors had Voted to go out on atrike next Sat- urday, stock prices: showed a firm tone to-day. In a comparatively jarge number of leading !ndustrial ‘eaves gaina extended to more than ® point. Public interest in the market, measured by the volume of orders, Was practically negligible. Most of the trading originated in professional Quarters, And because the market has recently given additional con-| vincing evidence that it is in a strong | technical position and that, as a mat- | ter of fact, the short (nterest is of } almost unwieldy proportions, there was a general desire of shorts to rd- | duce their contracts. A 9 for cent, renewal rate for call money was without much market of-| fect for the reason that it 1s thor- oughly appreciated that the higher rate is due to special and temporary causes, and that by the first of t! new week at the Intest the rate prob- ably will drop back to around 7 per cont. To-day bankers were paying off tho $600,000,000 Anglo-French loan which matured, and including other huge financial transactions bankers were preparing for the withdrawal of an additional $60,000,000 by the Govern- ment, which will be used to meet in- terest 6n the Fourth Liberty Loan, which ie due at this time, The motor group of stocks fur- nished the best evidence of the ner- yousneas of the short interest, Al- though price reductions continue to be the order of the day atnongst manufacturers of pleasure vehicles and motor trucks, and these compan- % ’ ORR Large celection or Records in Italian, Polish, Hebrew, Swedish, Finnish and Norwegian ~ COWPERTHWAIT & SONS “Oldest Furniture House in America’’ Jes face the prospect of a period of MOURNING Crookes, HOUSE, HATS, ‘GOWNS, WAISTS, VEILS, NECKWEAR, FURS 4975 Sth Ave. « at 35th St, ZZtboston—Copley Sai ITE OA MPALE ROCHE —MARG ATIC no’ Morel), beloved wife of t Troland. Foaidenc on Friday the Immaculate Conception requiam mass will be the repowe of ber soul vary. at 0.30 of th whore a aole oftered up Tatorment Cal FUNERAL DIRECTORS, Wherever You May tee bee neetba Call “Columbas 6200” sori FUNERAL CHURCU fn, (Neu-Sectarian) ’ | |_LOST, FOUND AND REWARDS. ‘ang talloons Bath ot ELP_WANTED—FEMALE. A oe t © Hox ii, for} 11% | ——— They Can Tap Out 12 Letters to the Second or 140 Words to the Minute. Speaking of Man O° War and other winners, well, can your stenographer erform in the typewriter marathon? This is no joke. At No. 30 Vesey Street, the headquarters of the Un- derwood Company, the typewriter marathon 1s @ classic event. At 2,80 o'clock yesterday afternoon William F. Oswald, the international typewriting champion, who won his title In 1919, and Margaret B. Owen, whg won the championship in 1916, 1916 and 1917, amt down at adjacent machines and waited for tho bell. When it rang, a book that they had never seen before was ‘placed before them, Bing! Swish! ‘Ti.ey were off. And to the apec- WILLIAM F, OSWALD. “THE EVENING WORLD, THURSDAY, OCTOBER 14, 1920." “Two Typewriter Speed Marvels in Test - Before Competing for the Cha totors it was as exciting a matter a & good horse race or marathon. When the bell clanged again, an bour later, the contest would be over. ‘Then the sheets would be reviewed and every error, ¢ven an error of faulty spacing, would count ten words against the record, If they typed 140 words @ minute and put in a comma where It was mot necessary, ten words went from thelr score. Oswald was a matter-of-fact sort of chap. His elbows never seemed to move, out Nis fingers jumped over the keys with the agility of the skilled pianist, As ne came to the end of the Mne he gave @ sharp push to the roller, which took the fraction of a second, and began again. The re- porter counted tho letters with his watch. Twelve a second, Just think of it—twelve letters accurately print- ed on a plece & paper every time the watch ticks! Miss Owen kept up with him. Her agile fingers awept over the keys and | comparatively poor earnings, these factors seem to have lost their force as 4 stock ‘factor, Bears seem unable to further successfully employ these, arguments in depressing the market value of motor stocks, When they a tempted to cover th short contracts they found that they could do #o only at rising prices, Chandler Motors rose | about three points, and others in the motor group gained a point or more. ‘Tho opinion js becoming more fixed | that steel prices will shortly be ve- vised downward, despite the state- mont of Judge Gary issued immedi- ately after bis recent return from Burope. Certain it is that new ateel business is at a standstill. Moreover, it in known that the volume @f steel orders recently cancelled has reached Commodious proportions, Yet, ltquidn- tion of steel shares has been only of pasmodic character, and the bear element display no great eagerness to ‘attack them. Steel shares to-day were in fair demand, and were able to record gains running from sub- stantial fractions to more than a point compared with the closing prices of Inst night. : Phere stil seems to be quiet but persistent accumulation of tho bet! lnaw sof railroad shares, Both Read- ing, an@ Southern Pacific again got above 100, The coalers and trunk line wtocks were conspicuously finm, Oils and miscellaneous industrials followed the gemeral trend, with United Food Products and American Woolen being outstanding features Jof strength. \"Attor making new low records for line yoar, by registering declines av- erag ing between $1.50 and $2 per bale, gotten rose on short covering and then ruled at about the closing prices of yesterday, Wheat was siigbtly lowe Foreign exchange rates were slightly irregular. | | CURB. Opened steady, Int, Pet,, 16; Retatl lcandy, 10 1-2 to 10 3-4; Tob, Pro, ge to 15; Boat, 41 1-2 to 12; t. 10 to 10 1-4; White Ott, 234-4; Avphait, 631-3 to 1-2; Carib, 12 1-4 to 18 | FORBIGN Slax francs demand 189, Guilders demand .3000, cables Pesetas demand .1440, cables en kroner demand 196 Norway kroner dem: cables 137 “Denmark kroner ind .1885, cables .1395, Argentine s demand 8245, cables 8285, RAILROAD EARNINGS. SOUTHERN RAILWAY SYSTEM, Lines east and west: First week in Octobor, $4,264,136, Increase, $75 From March 1, | First week In October From M American Telephone and Tole | tompany—Nine months ended &-» 12Q—Surplus after chgs. anti eral tax, $29,158,731, ls Beiee—evty| nitrite ashlee Albena na ignite henge pisonberainiammaasalithstenimnmnic $570,000 MP WN BUDGET SCE 1817 UNDER HHLAN RULE (Continued.) will see that the taxpayers of the city contribute the amount in the long run, either in the shape of a direct tax or through indirect taxation, Up-| Btate legislators, always in the ma- jority, will certainly not impose upon thelr constituents any heavier sbare of the cost of New York City's achools than the present laws pro- vide for—and that ohare ia very small. BUDGET SITUATION NOW A POS- ITIVE, DISGRACE. At this time’ the budget situation is In a muddle that amounts to civic disgrace, The city has on its pay- roll hundreds of efficiency experts, engincers, auditors, accountants, fig- ure wizards and comptometer oper- ators who should, theoretically, be able to prepare a* budget that any taxpayer could understand. The hear- ings at the City Hall have .demon- strated and will continue to demon- strate that the heads of the City. Government don’t understand the ‘budget and instead of seeking en- lightenment spend most of their time digging up epithets to hurl at each other, An instance of slipshod or tricky methods in issuing information to the public is B statement Issued yest day purporting to show “the 1920 budget, existing condition and the 1921 tentative budget.” The state- ment shows in detail the amounts granted in the tentative budget to all city and ceunty depaftments for “personal service,” which means jobs, and “other than personal ser- vice," which is self-descriptive, The amounts allowed for these items to the various city departments, includ- ing the Board of Education, for 1 are totalled, The amounts allowed the same departments in the tenta- tive budget for 1921 a1 totalled, $4,024,424, increase $650,960; + nine months, $34,238,853, increase $0,067,266. Tobacco Products Corporation Hight months ended Aug, B1, 1920 Surplus after chgs., $1,502,421. Caddo’ Central Ol and Refining Corporatioh—Kight months — ended Aug. 31, 1920--Surplus aft. chgs, and 44 Products Coxporation Hight months ended Alg. 3 Surplus aft, chga and tax, $ Virginia Tron, Coal and Co y—Kight months ended Aug >—Surplus aft. ches and tax, §2,- 876, 1 i DIVIDENDS. ‘The Genoral Cigar Company Incor: porated declared the regular quarterly $1.50 common dividend payable Nov 1 to stock of record Oct. 23. ‘ Hupp Motor Car Corporation lored the regular quarterly 2 1-2 ent, common dividend payable 1 to mock of record Oct. 1. r New York and Honduras saagto Mining Co. declared an extra fond of 2 per cent, and the regular quarterly dividend of § per cent, i stole Soe ab te suoti of: Feverd Oat 49. MARGARET B. OWEN, she turned the pages of the copy at almost the same time as the cham- pion. An hour passed, and the bell clanged. Immediately the pair stopped writing, removed their eye shades and ginsses. Misa Owen de- clared that she was satisfied with her results. She compared them with those of Oswnid, and figured the number of minutes, after deducting for the very rare errors. And then the comparative sco: ‘ The Evening Worfd will not print the final results of the preliminary contest. It will only say that Mr. Oswald will defend his honors at the Seventeenth National Business Show, which will begin at the Grand Central Palace on Oct. %. Then you can step up and ask questions of the typewrit- ers, and they will answer them, at the same time keeping up their record speed, They can make pletures for you, add columns of figures for you, and the same time keep up thelr terrific speed. Just think—140 words a minute—almost as fast as you can talk. But- whether Mr. Oswald or Miss Owen will win depends on the final contest for the cup. and items of $60,063,000 for “personal service” and $9,266,000 for “other than personal service” in the Board of Ed- ucation are not carried out into the tentative budget columns at all. The taxpaying seeker after information is compelled to add up seventy-five items to discover that the tentative budget grants close to $40,000,000 more for “personal service” in 1921 in the city departments alone than was allowed in 1920—an excess of about $15,600,000 over the mandatory in- crease in school teachers’ salaries which was granted by the last Legis- lature, Mayor Mitchel and hie associates in the Board of Estimate announced in 1916 that under the pay-as-you-go plan the debt service of the city would increase enormously until about 1921, which, they estimated, would be the peak year, This fact was well known to the members of the present Ad- ministration, Nevertheless, to-da; the presént Administration is co fronted with the necessity of impos- ing @ tax rate that cannot be much under §3 per $100 of assessed valua- tion on real estate, MORE THAT TAXPAYERS WILL HAVE TO SHELL OUT. ‘The percentage of increase over the rate for this year, of $2.48 per $100, 1g only part of the additional burden which property owners will have to pase along to rent payers, The a sensed valuation of real estate haw been boosted about $1,400,000,000 tor taxation purposes for 1921. Taxpay- ers will shell not only the in- crease in it applies to their present valuations but the increase Ie it applies to their boosted vulua- ions. » It Is an open seoret that the heads of all the Mayor's olty departments submitted estimatos of thelr require- ments for 1921 which were not only preposterous but fantastic, Inasmuch as they are responsible to the Mayor it must be assumed that they turned in their padded estimates with pia knowledge and consent. But the Borough Presidents, who are directiy responsible to the people of their crougha and not to the Mayor, also turned in estimates showing increases over their allotments for 1920 of cloue to $9,000,000. All other elected +- ficlals, such as the District Atterney, the Sheriffs and the various Judges, also padded their estimates beyond all expectation of realization. The charter limits the amount of revenue to be raised by taxation to two per cent. of the assessed valua- tion of real and personal property. In addition the city obtaina revenues from what in called the “general fuhd," ich will, it in estimated, amount Yo about ‘$62,000,000 in 1921. The estimates totalled almost twice the amount that could be raised 6y taxation and from the general fund. BUDGET PREPARATION SHOWN TO BE A JOKE. Thin shows that the presentesy tom of preparing a budget le a joke and it ls 4 question if clty office- holders and department heads should he held entirely to blame for the pondition, They are continually sub- jected to the pressure of tens of thousands of job holders and power- ft financial, land and contracting Interests, Instead of trying to con- duct the city on the basia of busi- economiging and when the result of | : of eaeexegnaen mpionship CHAPTER IL far, there seems nothing to show that anybody was with Monck last night.” “Wait till we get a man down from town. What did you expect Fletcher to find out? Faney his clumsy fingers fumbling with the delicate threads of such a mystery!” “Then you think it is going to be a complicated affairt’ Gilbert would rather it had been settled as simply and quietly as pomible. “Why shouldn't It have been an accident? He might have been cleaning the weapon and forgotten it was loaded. Such things often happet Fen- church rejected the suggestion with something Iike scorn. “Not with a man like Monck, id. “He didn’t make mistake that sort. He took too good care of himself.” Gilbert remembered that Jobason had sald mugh about the same thing. “Well, 1 must be off. So long! I suppose we shall know something be~ fore night unleas the police are more discreet than usual. Its ,o porria thing to happen In our midst. Almos as out of piace,” with rather a forced h, “as the serpent must have been in the Garden of Eden. I'm sorry he ever came here.” “And 1,” Gilbert echoed with all his heart. I cottage had not been locked up immediately ‘after the tragedy, so that any clue might have been preserved. Too many people had been in and out for the guilty per- son to be casily traced, unless he had left some obvtoualy incriminating evi- dence behind him, It waa in vain tha: Fletcher assured his colleague that he had been first on the spot; that he bad searched everywhere and found nothing; he was met by a contemp- tuous quéstion as to finger-prints and other new-fangled notions, “It'a been hopelessly bungled,” the London man sald, looking round an- grily. “You say only one or two have been in. You might as well have half a hundred. Why, even his room =the room where it happened—wasn't locked up! I call tt criminal careiess- CHAPTER HE London detective was more than a little annoyed when he arrived, jobody would want to go there, VFietcher protested, stoutly, “They'd rather run a mile the other way, It gave me a@ fair turn. Of course I had to go in in the execution of my duty, Itkewise the doctor and"—— But the inspector bad turned away émpa- tiently, and was not even pretending to listen, Johnson had gone for a stroll in the evening, being tag-reatiess to stop still long anywhere: Me passed the Daisy House, ‘whieh ‘stood by itself le outal the vil . when he heard footsteps coming quickly behind him, It was get dark, the, quiet country road wae deserted, and he wondered who it w: Turn- ing sharply, he saw Lilah Blake. She had thrown a long dark cloak over her light dress, and was in the act though she did not want to be recog- nized. Johnson stopped in some sur- rise. \ “IT was in the, gareee. fs LG you st,” she sald, a little breathless- Rt hu d out after you.” He waited with an alr of respectful at~ tention. “I want to speak to you. I think T hould have sent for you if I hadn't n you just now. Perhaps you can help me; at any rate it will be a relief to talk to somebody who understands, who feels something of what I feel. She twisted her Base in her cloak and waited a moment. She turned into @ little lane and he her, ttople might wonder if they enw us talking together,” she sald, “everybody seems to be wondering and Tauapecting-the air's full of it. T've shut myself up all day, but I can feel it all the same. I hadn't the courage to go out and meet their urious eyes, But I can imagine what ey are saying—-the things they whisper under their breath. Have you heard them?" “I have heard nothing,” ho oald. “I haven't told anybody yet,” she went on, “that I telephoned to Mr, Monck last night. I had asked him to come round for some music after dinner, and I wondered why he didn’t come, That must have been about half past nine, and—and,” she stopped and shuddered convulaively, “h¢ was dead when you got back at 10 o'clock. Doesn't jt seem too awful?” He tutned round on her sharply, his ace changing. taryou spoke to Mr. Monck as lato as * he exclaimed. His aught some of “Did he an- half past nine yoioe semed to have ¢ the excitement of hers. awer?—was it all right?” “Yes, he answered, but just ae I was going to speak to him the re- ceiver fell out of my hand and the telephone fell to the floor, By the time | had picked it up we were cut off; he had gone. I didn’t think it worth while to ring him up again, as the matter was of no importance. How I wish I had now!” “| don't know that it would have done any good, But it’s curious all the same. Shows how important @ trifle may be, Anyway, that narrows the time down to half an hour, as near as we can say.” She nodded “[ ahould think that would mean something to the lawyers, It looks aa tf the person who did it had come prepared, with his ming made up. ‘There wasn't much time for quarrel~ ness they figure, in the handling of |I was too upset to say inuch then- their personal affairs, on how much|it was all too fresh. T didn't tell my the traffic will bear, arrange to spend | father because [ couldn't bear to tatic all they can get and then figure on|about it; he would have asked so ways to get more, And taxpayera|many questions. It's only a cg pay no attention. lto’him. I spoke of it frst to you be At this time when every citizon {cause | wondered if you knew—<if you not bloated with war profits 16! were there.” “Te 1 were th sated, yuch economy is reflected jn dex ing at her-curtounly, e-+ye8," im- | creasing pricts of commodition, thaf patiently, “you might have bee 4 city is launching a new progra (Conttourd.) 14 ES,” slowly, “there may be)" something in it. But, 00 to find that the) * of drawing the hood over her head as, 4ng. Did you say you haven't toid anybody by | “No, I Sir Gilbert, and “Have you forgotten? Lath 8 after dinner, about’ a @ eight. So of course I heard nothing could not have heard.” “Mr. Morick was"glone then? Dig you meet anybody going toward the cottage? Did you see anything to ¢x~ cite your suspicion?” “Nothing. I know no more thas the rest of the public.” “So there's no clue—nothing?” Bhe threw back tie hood of her cloak es though she wanted alr, “Oh!” with a sudden cry, “I wish Loould go away and forget it al “Dhat's what you ought to do, miss. At least perhaps not just at present, but after the inquest. I suppose we shall all be wanted for that.” He felt her shrink away from the word, “L suppose so,” she eaid, ring down the empty road. “There will be no chance of peace Ull that's over or for many @ long day after,” she added under her breath. Then, before he could answer, she was talking of | something else. “Why shouldn't it have been as accklent?” she said. “Why, has Bo- body thought of that?” “Do you tWink it likely, miss? You knew my master pretty well; do you think he was the kind of gentleman to take his own lif “No,” she sald slowly, “no, perhaps Besides, if he did—Avhere’s the weapon? ‘That's the best answer of all, I think. With a wound lke that, he coulda’t have gone far—not far enough to hide it where jt wouldn't have been found before this. I should aay he would scarcely have had time to cry out.” “One mintte alive, and the next dead,” she said in a whispering voive only a step. It seems impossible that they can be so close together that other world and this—and that you can nothing, hear nothing, know nothing.” Johnson made no answer, and, for a minute, they walked in in etlenoe. Then Lilah stopped, “I was forgetting —I must go back,” she said, “It's getting late.” She looked round half furtively, but there was nobody to be seen. “I forgot the time,” she mald, as though in explanation, "I forget everything to-day. It's a queer feel- ing.” with the ghost of a laugh. “I hardly know myself, I seem to be look- ing on and seeing somebody quite dit- ferent from the usuat me. I feel as though I were watching a stranger. I don’t quite know what she is going to do next.” “You want rest,” he sald—“rest and want it, too, Don’t talk on to-night, Go straight to teat “I will” she answered, speakin almost like # child. “I'm irede-tired to death.” 2 they were walking back Dutch House, Johnson said in aban tating tone: “There's one thing, miss, ought to know, If you don't. know’ It ais ready, otherwise it might come as a bit offa shock. It's been kept a a2- cret, you sec, but it's bound to came out at the inquest, so I'm not betray ing confidence in telling you.” “What is that?" she adked. “About my master—Mr, Monck. He passed as a bachelor, here and elae where, too, for the matter of that, f don't think haif a dozen people knew he had been married; certainly no+ body did down here as far as | am ware, It happened a good many € ears ago, Of course, It wouldn't Sonecern you, miss, but" —— “It's no secret to me,” she sald. “I moment there was nee, ‘Ab, I thought he might have told you, miss, you and he being such friends, though he didn't care to talk much about his affairs as a rule: for her, poor it in the papers,” “Where is Mrs. Monck, do you know?" she asked the next minute. “Did they ever meet? I only know the bare fact of his marriage, I have heard nothing about he ‘Sho lives in London, but they haven't met for years, unless it might be by accident. They bad nothing to do with one another, she doesn't even pass by bis name. She writes; you may read some of her books; she is fairly weil known, I believe, “Indeed?” in a tone of surprise “1 didn't know that. Whet name does she go by?" “Mrs. Lessingham—irma Lessing- ham. She lives very quietly in = fins in Maida Vale. It must be @ lonely Hite; sho can't be more than five apd thirty at the most—youn, up like that.” Poorer “Lessingham—Irme Lessingham 1 seem to know the name. What has she written?” She turned on him wddenly. “Had Mr, Monck any of her books? Could I have seen them there? likely, miss. I believe he hed them al.” “How curious!" phe said o breath “I should bave thoughesn she stopped abruptiy. “Doesn't tt seem strange to yOu? be asked Johnson allowed himself @ elight shrug of the shoulders. “L can't say it does altogether, miss, You see, my master ‘wasn't exactly an ordinary person. He iked doing queer things. Perhaps I'm wrong, but I whould say it made her books more interesting to bim, things being as they were betwoen them.” “| expect you knew him better than I did.” “I had iived with him constantly for over six years—a long time. had done more for him than most nervanta do for thelr masters, He wouldn't have anybody else near him I've knocked about a good bit. ands fortunately, T can turn my hand to most thin only known him about “And Vv six monthe—but that means time, too, . . . Did you kn - Mn Monck—had you ever met her?" “Only once, when Mr, Monek sent me on some little matter of businese iat had cropped up unexpectedly.” | “Did—what is she lke? “Dark—rather handsome, 1 lady every Inch of her, but iro tae see she's had troubles A Hittle cold and hard, perhaps, wrapped up in pride, but of course she wouldn't be disposed to talk to me, #Nev: 4n unn.cossary word,” me | {ane Te: Merrow's Thrilling Indiale Pdi a ewes ad