The evening world. Newspaper, April 28, 1921, Page 24

_THE EVENING WORLD, THURSDAY, APRIL 28, 1921. oa ‘ i} ‘1 Market Review Studebaker was the feature of an BASEBALL TRIALS | TOBE HELD IN JUNE Counsel for Indicted Players Asks ied: noel EB: ’ ' ee ee Chicago Court for Barly BE sev NiGh cor the fear ot 825-4, | THE QUTSIDE MARKET—2.30 P.M. QUOTATIONS oa ee a Wp 3 over its previous high In the w% %% HH) CHICAGO, April 28—At least five of gosing hour there was a pees New Suaces pases poe High tow, bas ine jog to tor | the elshteen men indicted in connectow but this reaction failed to pets | ptaens Kpreen - > | 3200 Acme Com Ophir silver i ah 4 26% 9% 0%] with the 1919 World Series scandal’ wit within sevgral points of yesterday's Aus tition + 6] 100 Acme Packing be 2 Piette Paisdien th mm OF 43% 48% | 15000 Texas Co Te 84 84K) be br t to trial not later than July lose. ‘Kathe tines owt ‘ Be Am "on ood te | 2000 tex Cons ae BN | too Caonun 0 14 106 1M Late rem of &. Glee’ Bled. to-day, 97 Industrials, equipments, oils, steels | Ait, trom : tas | Chi fe Bul Norueeer Sines ‘ ‘ EN i hee : ee tel a aa ee hew attorneys. end coppers continued a littie off] am Agr Chan I 0) tee fori lise Bins eng Sins sgt | Sepe Anmoenas ND oy eh | re Michue) Ahearn, representing “Buck” throughout the day, with a fow oxcep- | Am tien soar % Ridis Or ois * 10080 am PbO .., 6% 6% | 2000 Aneto Amer OU fise wa cow) PENNSY FLYER WRECKED. | weave wede berg, Happy ne ho rails were | Am Bosh Mag . * Routh Goal & 0 § Miver tend 00 Armour & Co 4 MO 86M —— Felsoh, Claude Witliams and Fr ons here and there. The ra re | ae Gene sins fan Wed hel 1G % Doses ia oe gt lites pak tee ta, 48 MM 8% | NeW Vork Express Meets Accident) ) n, filed a petition with Judge strong and some specialties were up. | Am Can suahie'e ( 4 ” ooh Satine |» ts 0 | | Bears-Rocbuck showed considerable | 4 Ox & Vary Hoilade % o- uu Wel ites tee i ie ee ne Re Near Altoona—Many Hort | A. McDonald for an imameai- “RB of jena) r 7 s 3 2% ote! mo Dir! iv 1A) [22000 Chi, Bam &@ TH Gs..... 6 o% \ silent. : is if Am Cowon Oni [Yullige Leratous em ¢ TOONA, Pa, A witirain Xo nts, Under the Illi strength, going to $7, up 2 pélnts; In| 400 re aye Pere Arrow + mt § Sl iseneene ss yt ie omer ep i “ihe New ori BADhGGs, Gu: Ihe Pabh ments automatically ternational Paper went to 63, up 31-4! | sm Hide & Lea - Prene Arrow of + 2%! ao ar. lie 14-1] 200 Tonopah Midway . 6 } 4000 DI 102% 102% syivania Railroad, was wrecked late last quashed unless the trial stare Asphalt to 741-4, later settling to] \m be Perce Ont CT MTANDARD OILS. 100 Tonopah tin i’ 19060 © 03% = 92% niles west of this city ) round 70, Royal Dutch led the oils at | Am Intenations! are Wve. $A) 8100 aneto-am Ot ssss-ssess 18te 10M bt] Tie Tomes meee 4 oar bk ak ow er was slightly injured and| George Gorman, Assistant 6tate 69, up 27-8. Reading was strong 4nd | sited «harm, P & Ww veut tin | 9 80 ot in. ve ED Lad fered once Roe oe 8 oa TS es ca he a i passengers were badly shakea| torney #n bicatchd Bs ose ani of the two theatrical stocks which showed|Am Safety Rawr. Ue 6% Ge + YW) Pond Crock Cont + % INDEVENDENE O11 in. 600 United Famern 2% tm 2% | 28000 oy but otherwise little damage wa, et on hably would be ready "yg Am Ship & Cow., 9% ’ Se] Prevent Stoel Car. 87 + My | 2500 Allied O11 er) zy 2 ‘ yy e. or une. strength were Famous Players and the | oo cn a tue Pinas wee ‘poms poles an + FI 100 arkeneas Noo Gas b rts Orpheum Circuit. Am Smelt & Jeet ot 77% 7 » ‘hier. Susur, % 0 Boone Oi ‘1% = 3 ‘The reduction in the dividend paid |.Am Suit ware ou : | 2500 Koson Woming . a hd BANKING AND FINANCIAL. BANKING AND FINANCIAL. BANKING AND FINANCIAL. 0 . | “um om 8 mons LN leech Py ee Ma he AL BUI) hel hh A he hn AR ott Schl Bre h AAP AE Nal hor hn ey Pennsylvania was one of the cnief — | Rail Steel Bornes nee. ib Synd — = : rT the street. The b held + Wl] itay Ouoper ... - %| Cites Serv "Bf... BL LD topics on the etre 6 bears li Na foo + 2% | 200 Crile om « @ the belief that this reduction — ‘Yl iteading int of — %| 100 Denny Ou 7 i ‘would mean further declines in rail- 41% | trading OB... 300 bin Hasta Pvt joa road securities. The bulls chalicagyd Vile sah brtedl od bli wo @is claim with the argument that a Ra eb ea + | 2200 Feders 00 1% (Me reduction in dividends meant the + 2% | Reval Dota N ¥.. + 2h x Aa stabilizing of rail properties and SAR | SC tenets. «5 pe isk $230 000 000 pointed to what they claimed was a mg Sb & fan Fran, : tr’ A ; discrepancy between two stocks. St. | Awo Ly Goode... MK Rls + 1m [StL & Sern of ae (Total Issue) Paul preferred is at 42, although no | Amosatet on 101% 101% -— 2% | Saute Coe Suan Losdlctehsomid ta eS ae ‘we : Mtutinan Ry 6... BL BLK + | Sirame Anns 00 Marland pt ; years, Pennsylvania, on tho other) au coast Line .., TI TH + | Stare Rowbuck 4 800 Mex Ou ‘ ee ; Band, Is down to M4, although {t has/au. Gay & WI. 30% Hy am Seneca Coyne + | 1000 Mountain Prod. a a) { een paying dividgids continuously, | Auto Game Cup. 4 4 4 4 | Shattiook Acts £500 Noble OM. Ae » Atte Avo Gales Corp pt lhe 1% 11% — % [abel T & 7. + thedtendhaae Mad : 5 Yn Cc G Id Tafnences from across the Attanile| Ato tibe Com si it 3h a4 fate Ta pedal ‘ie Joint 15-Year 64%% Convert. >» Gold Bonds { ected favorably on the cotton market | neni & One ..., + 1% | 30 Porto Iie Sug 300 Iennok OU % b% to-day. May cotton went (o 12.20, up| Meld & Obie pf, + | Souder Pacific +0, | 100 troduer & Hefiper.... 68 48 43 (C. B. and Q. Collateral) 09, and July cotton went to 12.70, up roa oa . 2 “seiormane z P + * 200 ityam Cons ....+. . te ibe a 0, There was fair buying hero bY |juime tw. Fm and On of Nd = a To be dated July 1, 1921 Interest payable January 1 ma: i Liverpool brokers. The South was of| ima Cay & ine. | stant Of of Na oe ia Ga mo more ry Land July 1 To mature July 1, 1936 wourse the big benefactor. Mute & Buperioe + % | Stowart Warner +h :? Improved conditions in the cont |ndaiy DB ... | Snr a + beesto} hepa tos Convertible at any time, at the option of the holder, as more fully H strike eituation in the Britivn Intea| card perdace sg freee A ee Ag described below, into 6% Bonds of the Northern Pacific Railway \ and the lowering of discount raten | uit Leuol [Studebaker ne wm ‘ Company and/or 7% Bonds of the Great Nort wa: from 7 to 61-2 by the*Rank of England |\slvmet & Ariman } Ly] Tenn Cop & Chom 10% 10% 10% ee Ai y 4 hern Railway Company. ‘were strong influences. Another bull. | CAnsdian Vacitic + 16 | coe omens o ‘ ‘ | Ssh factor was the receipt of reports | Cute Lowther + | ona de Dara pay lion ieee Redeemable, at the option of the Companies, as a whole or in amounts of not less than $5,000,000, st 10314% and accrued i here that the acreage reduction ANH pag = o hoes ghee on! Casali 44 a interest at any lee on 75 days’ notice. Any Bonds called for redemption, in order to be converted, must year will amount to 31 per cent. Last 5 oh | TU Atene oss +e @ presented for conversion fift d demption date, ‘ year 35,054,000 ncres were under cuiti- | \twle loom, . + 1% | hdwcw ‘Treducta, Needs : , es PSC US ii Seiten, Tale year the figure is p.aced Py negli + % ee ‘ i 1 Coupon iberend B Crpterhilel of ere Bay, era $100, with privilege of istration as to principal Fully ! 684,008. 0 Vg + | Union registered Bonds nominations of $1, and authorized multiples thereof. pos and regi: en maney was T por cont th the] Ot Peman Toul 6 ity eee es and the several denominations interchangeable. ee | ine hour. ’ ‘oak : on Wee @ Foreign Fxchange reacted to news |© 1! & ime .. 4%! Umitmt Ailes ae that the Allies were unimpressed with |(MHIEP 6 po of % | United (Drug 1 THE FIRST NATIONAL BANK OF THE CITY OF NEW YORK, Trustee the new German note on repmrations, |CM Gt Weat'n ut %| United Prat % 1% demand sterling going to 3.9, up 7-8;|& & NW ly .. | United Mout Mod. % a TI A Ci rae Bg Chile Copper . Elia ipibedig rae 2 The following summarized description of these Joint 614% Convertible Bonds has been prepared for as by Howard 0486, unchanged, and marks to .0149, EP epndeeres + 16 | 0p stent. Biting te oak a eae) 5q-, Chairman of the Northern Pacific Railway Company, and Louis W. Hill, Esq. Chairman of 0006 1-2 a AES ae {| amo tro tome la ass the Great Northern Railway Company, from their letter to us dated April 25, 1921: eres Crertnn Geagbe 2. U 8 Wala tot ie B+ Moo Knee Divide cresscces 8 i i | oa, te Reo A u 6 Senclters, +s pessoa g tea dnote) Security The Joint 15-Year 634% Convertible chusetts, Connecticut and Vermont. Both such ; amen 4% 41 8 Merl... + ose pace Add e par i i 5 (pacuelipe ati Hetbier ' eae | 200 Mtesamara Gromane oss 10 Ba pe rym to be the direct and joint Northern Pacific Bonds and such Great Northern H He a ih Ossip Coren ‘Textile. 19% tat) Cover % 1 ee Vea é obligations of the orthern Pacific and of the Great Bonds are, in the opinion of counsel, a legal invest- Cou intial Mio. % 6% Vanadium Stoel +1 ce Wada teas i Northern Railway Companies, and are to be secured ‘efor lite {i eae . Hy toa take ‘ un ve tains Obes et ire eee onda LL es by a pledge of 1,658,674 shares (approximately 97% ment for life insurance companies in the state of ‘ Ont Oandty 1% 1% 1% Va Caro Ouom oe. 2m? Ratimal Tie oe Sf Peeoee Ob mer Per y 7’ New York. . usterr S008. comin AGO ee a Merril ny Nipissing Pa a) of the outstanding stock) of the Chicago, Burling- 3 ; Comm tee 4 Ti Th Wetash — ton and Quincy Rail-»ad Company (which percent- a ow, Jructile 2% 60% BM Watadi of i E rin; t | \ Pod boyy ‘ bbs el a BC BANKING AND FINANCIAL. age of stock has heretofore constituted the sole col Earnings During the ten and one-half years frouy Cute Cane tog pf Maryan publ yes lateral security for the maturing “Burlington Joint 191} to 1920 inclusive, the combined av- ~ %) a a Cae : . ee * e 5 : ee = = « iececce : : s =o & 28 we Re & 8 a] ae > FRESE 3 = 4 ++] U1ttethieete Fee4 19s J ee Keeressse ¥ : ‘ us Oe ae Ha oe. wll - 4s”), and in addition by $66,000,000 of mortgage erage surplus income of the Northers Pacifie and moa mr Ae ac ae bal bonds ot tie re obligor Companies) the cenosied Great Northern Railway Companies, after payment 2 71. €5,000 x h M collatera’ ing valued at an amount in excess o} i than i 150 Vie 4,102,000 26 Wostinguame = The Rights 120% of the Gracia amount of Joint 614% pees te combines red charges, otber than the interest | FOREIGN EXCHANGE OPENING. % Wieeliig & 1 Raia ) 7a on the outstanding joint bonds which are to be re- | tres White Motor e ° unde i (Demand sterling opencd at 3.94 1-4; aes biguoa of Stockholders einen funded by the new issue, was about $44,000,000 | French francs, do- | tithom Coal"... 104 4 iy | WilbsOvertaod Conversion The Joint 614% Bonds may be con- @mnually, and, in addition, the share of the two H man, .0754; cabl. Endicott-Jobnaon 2m Will Orertand of + M ‘hleupctesdate booklet Privileges verted, par for par, without charge, roads in the surplus income of the Chicago, Bur- @emand, .0482; cables, .0483, off .0004. 10% ; ¢ eT as F mae oie parecer eee at the option of the holder at any lington and Quincy Railroad Company, after the Marks, demand, .0151; cables, 0162, off 18% + 4 | Woolworch Se 116% 110% + thera also those of bond- time (upon presentation not later than fifteen days payment of its fixed charges, averaged about A ‘mbes cablen “016, up orl, Canadian | Pawo asew Su alum meee ee TN wadere ote before maturity or earlier redemption) into 6% $20,960,000 annually, the total annual average being 3 +0761, up .0001. nee ¥ a re efunding and Improvement Mortga onds j 950 f @ollars, demand, $938, Swedish kr.,| rane ea e isu =ae It also tells: (Series B) of the Norhera Pacific Releay Com- apoue FPO 0 ihe. compared wi $14,950,009 f , feemand, .2296; cables, .2300, up .0016; | Fit Itutber oe 1% + &1THREE NEW YORKERS ‘ 2047 1 = which will be required annually for interest on the 1 4 Danish kr., demand, .1803; cables, .1808, ae The General Rules of PEDY) Cue | Cala les LcaLohyearelan ate) com new issue of Joint 64% Bonds. H ’ Up 9018. Norwegian ker., demand, 1346; i WIN ART PRIZES Trading—The Rights $96 Fifteen. Yea ares soe accrued Un ierest)) OhamtiD | cables, .1550, Argentine pesos, demand, + chad ual Fifteen-Year General Mortgage Bonds (Series ; H TIDE; “cables, 7143, Peneta,’ demand, : Sr aa Sate: of Stock and Bond A) of the Great Northern Rates Company, due Equity Since July 1, 1901, the Chicago, Burling- i Ape les, pot pcan vig ay Mes Take First, Second and Third in Holders—The Deposit 1936 (with no option of prior redemption), or into ~~, ton and Quincy Railroad alone has io : francs, demand, 1741; cables, .1743, Anmral Exhibition of Carnegie Requirement for Car- bonds of both issues in any ratio between the two _ creased its surplus in the amount of approximately ! i Guilders, seman aga at 3600. Institute. Phd pote on which the holder of the Joint 614% Bonds may — $200,000,000, against which no securities prior to the | DEN Di e desire, but not more than $115,000,000 of either of stock have been issued. The combined a Pat ‘ "ai z Aa eta, ’ . n sO00, f 4 net assets Fenveney PSs yall alga malaga Gerke merit, Rabe orideis Ane seo LaES hes eee ees com such mortgage bonds will be issuable upon such of the Northern Pacific and of the Great Northern, i eent, dividend payable May 1 to | ("7m Cameom - prizes in the twentieth annual inter- How to Indorse a Stock CONYEERON: after deducting their prior debts, together with 97% tock of record April 40, Galt Mouile pational exhibition at the Carnegie Gerificate How to Legality Such Northern Pacific Bonds are, 0f the net assets of the Chicago, Burlington and 4 Norfolk & Western Railway®de- | Htartwan Com Institute, ‘Two English artists and ono Group Investments. ae in the opinion of counsel, a legal Quincy Railroad, after deducting its debt, indicate | @lared the regular quarterly 1 3-4 per American ved honorable men- and Life Inearence investment for savings banks and an equity, at book value, for these properties of cl H cent, common dividend payable June a. Call, phone or write { Com panies : gS ; J srone i ry tock of record May 31, so -- %| Hon. an trust funds in New York, Massa- to $1,100,000,000. ¢ 2h rena Steel Car Company do- 4% + S| A landscape entitled “Vanishing No. E. W.-413 | © jared the regular quarterly dividends 1% — S| Mis by Ernest Lawson of New Ask, for latest available of $2 an the common, payable June § %% —- &) Vok, took first prize, a gold medal| || gg news on any active securit The above bond ff j 4 Br tion ‘we scored alae der aon ects err . . ze E Ly ie above bonds are offered, subject to issue as planned, for subscription H A fue neakerred wayable June 1 to 1% 12% — [and $1,500. The second prize, a sil- . } Siock of record May iL, The directors om 0% + iver medal and $1,000, wont to How. JONES & BAKER at 96/2% and interest, to yield approximately 64% mare desided 0 deter sotisn on pay- | lai Aer Onp £% 6% — 2%] ard Gilos of New York, who offered RNR OE * Discort will be allowed at the rate of 646% per aonum on the priscipal sum of the Bonds from 1 mon stock dividend which 1h Mowe =. Tifla painting, “Young Woman.” The ipecialists in New Yor! the date of payment to July 1, 1921, from which latter date interest will accrue on the Bonds, i Race ralicied Gy stockholders and o> | tate fare an wh an ta |~Girt with Green Hat,” painted by Curb Market Secur'ties - 3) A - Proposal to preferred stockholders | int Mer Mar. W% 1% + %|Fugene Speicher of New York, wa a { fo, exchange their holdings for the| tnt Mer M if, WY Gh Alc tied bins 8 bronee oniclenal || “eennpeerater ce Subseription books will be opened at the office of J. P. Morgan & Co,, at 10 o'clock A. M., Thursday, April 28, 1921, Th | ( oommon. ; 1, | tue Nieet 1% WH — KI] E09 Telephone Broad 7150 right is reserved to reject any and all applications, and also in any case, to award a smaller amount than applied for. The \ aay curmand 6nd Eiaboran Rall- | invincible Ou 19% 3 — y| 9500 pony, amount due on allotments will be payable at the office of J. P. Morgan & Co, in New York funds on or about May 16, 1921 i 5 : 4% singh aainds, Sanaa ; ; feny dividends of 60 cents’ at BES | ay ci, aap MADISON SQUARE OFFICE Northern Pecific-Great Northern, C. B. & Q. Collateral 4% Joint Bonds, due July 1, 1921, with finel coupon attoched, i} es atone | lea , A ‘| Murphy of Montclair, for many years e aes! ith A ; : \ Pegiler fusranteed dpet, onmla sioek, aie artes a oe +34 Gercsuat pevhial of denn 0D. Roccetetn, 4and STREET ODFICE Temporary Bonds, exchangeable for definitive Bonds when prepared and received, will be delivered upon payment, regular quarterly $1.75 dividend, pay- | Kennecat Oupper ti — | and a member of the Educational Board 505 Fifth Avenue i abe June 15 to stock of record May It of the Rockefeller Foundation, is left to Telephone M Hill 71 a | cota inal: Suser Finance Carpares —1. [hia widow, Mra, Julia 1, Murphy. His Pas na alba : ue J. P. Morgan & Co. b First National Bank, New York t fea oF 154 porcunt. onthe ction Tt eee cert ie ee oe The National City Company od 2 per cent. on the preferred, Both + 6 : . Bay io ot bee Wasex County Surrogate. Mr. Murphy yable June 1 to stock of Fecurd eee ey ere ae i Guaranty Company of New York Bankers Trust Company ‘Wolls Fargo & Co, declared a divi- four daughters and a eon, Harris, Forbes & Co Lee, Hi ' dend of $2.50, payable June 20 to stack -% iu . » Higginson & Co. } of record May 20. The previous divi- OK | —————— i gf troord May %. The previous div a . Rea Public Utility Mechanics & Metals National Bank National Bank of Commerce in New York H —_—— —_ lay pee... + ub! ic ' 5 Mex Powoleun i [MAN.—Mr, and Mra, Moe; Rioh- f CITY SELLS THREE PLOTS, |ten! Omer ccc a mai — S| man of New York, announce the en- Bonds American Exchange National Bank H t — * [Dtiddle Gates Oil. 154% 15% 15% — %| gagemont of thelr daughter, EWELY \ if Geix $004,300 for Unused tixcene| Nite Mel oon: BN AM | to SAMUEL ALPREN of New York, (Yielding from 7% to 9%) Central Union Trust Company of New York : New York Trust Company wey Land ip Brookly a Sin & hae, Bt 2 : "i Three plots of unused excess mub- |e Fete sre QO the kt Sa these Uinan’cf valved andl The Equitable Trust Company of New York ‘way property in Brook; id lo Varitic oT Bie ¥ ) KELLY fesotion ty the olty onday in the root. ee 2K — | or wow No J. iodvental peatalny ate Brown Brothers & Co, Kidder, Peabody & Co. Dillon, Read & Co, | ; lyn Real Estate Exchange, 6ix par- ASR 4s Reni a aa Bia) heme : ‘ Me cretes nit on these ch en. OK aK AKT saturday morning: | Interment at al the acres Of thee pabie Halsey, Stuart & Co. White, Weld & Co. Spencer Trask & Co. H * ~ of as - 1 a : anys diy omit flowers: ? Baa Gia aff itetSn (8 itn aise o eel Rema ota ng alk + ai | eee = = A well-selected list of conserva- J. & W. Seligman & Co, Blair & Company, Inc. E. H. Rollins & Sons ! Wulton Street, with 74 feet on dludson| Nat dawm & Sto. O% K+ w FUNERAL DIRECTORS, tive, desirable Investment Issues ‘ fl Avenue and 145 feet on Todewell Pla | Sve Cm. a ae — | ]} will be forwarded upon request. Clark, Dodge & Co, Hayden, Stone & Company Lazard Fréres 1 { 0 Joseph H. Schwartz for | N* entra, w% we +i 4255 ni Now Y, j ie sivenhnnes rye meer Giay, ita 108 Mee Zam Das so Bt LL. Wiokelman & Co, Kissel, Kinnicutt & Co. ‘ Parkway and 129 feet along Union|) 1% 11% » iakelm UW be) id t, WaK Bold to the Brooklyn Realty ‘ { pany for $132,000, The same realty Bed my RANK Ht. CAMPRELE, \ ! bY Sompany bought the third plot sold, co: iS. Oe + 1m ord FUNERAL CHURCH tae, § Steting of fA foes in hath ah Av: Let oe (Non-Bectarian) ei o long De Kalb ‘on oe ret 1970 Broadway at 66th St. j ‘wo s at Ottics, 234 St. = ETC ____ = — = qi ‘ ‘