The evening world. Newspaper, June 8, 1921, Page 20

— a OF THE TRADING, HOUR BY HOUR. 10 TO 11. Phe stock market this morning again had to contend with news develop- ments that could not be construed otherwise than unfavorable, but Prices displayed a comparatively firm tone and except in a few iso- lated instances recessions were lim- ited ‘to fractions, Dealings were highly professional and the volume Net Bigh. om, Cam. Oha'ee Toter Mer Mar of.. 0% 80 HOM + te Inter Nickel Me 4K 1h Invinele Of... 4H OK Om Hl Island Oil... 3% 8M Jewel Ten. . ‘ [Kanna City 80...) 25% Kanata City Bo re Kelly Springtield .. 95% Keley Wheel. Kennecott Copper Kesntone Tire Lackawanna Stecl 2% Le Rather & Tire 2 Lehigh Valley. o1 Loew's Ine, n 10% of transactions showed sharp oon- Lott, Ine, 10% traction compared with yesterday, wu 40 | arti weiss BONG Before the opening of business it ad | Am safes lurw.. Sy 8's 3i Mar Bersted 8D : become known that the largest | \n smait & Ref. 40% 30% 30% — % Mexican Potrokeen. 147 L Steel manufacturers are shading | ym snuff, 102% WH 102 + %/ Mercan Petrole M7 1th Me — TH ses had been | Am mY Miami Copper ... 21 21 ae — 4 shen pring er low mark | | Middie Grate Oi, 12% 11% UK — % ; A Midvale Stool .... D% 2 ~ % for the year; that the State De-|4,, %) Minn & Bt lous, 11% 11% 11% — w! partment bad made the recognition | 1m Mo os & Te.. 2% 2” 2 | ernment pro- | Am Mo Pacific ... 21% 21 n | piiasai. ar tbe pakraniie ot oes: | iE Mo Pacific ol... 30% 30% 80% — 3% ry Moot Wart 17% 17% 1TH — tection of American interests in| im Montene Power... By RK OH + Mh that country, something that the | Am 0 70 [me Mee Ate OR Te nt had been re- |4m 13% 14 — 1%! North Am Co...... 67% OTH 87% + 1% Tastaa. to do asMiStorss that the |A® Bh HW | Netlnal ice... 110% 1104 110% + te i A= 7m Fie 30% 30% 80% — 1 export tax on oll had been in- 34% HS i cin te hn creased by the Mexican Govern- eed Nat Enam & Sin. 2% B62 + % ment, and that the high interest | se. Dr Gosde ae ee ee Help Lead s01. 18 eater “ Semoruat 2%" Nevada Consol U% 1 uN rate given the new Government | Atceon ity wo ww Now OT AM... 68 Ok AM three-year notes makes dubious the | Atlan, Birm & Ati 2 \NY Airorake @ 0% 6 48 success of the New York State |AU Coam Line... 4% )N Y Coatrat 4 OK ond offering to-morrow and at| AU Gull & W 1. eles hr ee the same time makes it seem prac- Sirol wo Wao bn OR ole FIG tically certain that plans for cor- % | Nast Pac 0% O% 4 — % porate financing will have to be aeons Stel. U4 Be wy % temporarily abandoned. Bi Nunnally ore 0% OK OK — (Also, the foreign exchange markets Onions ie c “aK again developed weakness, with de- [Orvbsum Oircult .. Me We Ab + te mand sterling falling more than 2 = i | Oueen eee Ww ie Me de cents compared with close yesterday, tea DW Corn Mbit 1) be oe tot and there was perceptibly less tells Ges” ee eee ek , time money to be had, although bor- Vite OW MMM 1 rowers were freely offering 7 per dy e Petrol... BH 56% OTK — 1% ‘ Amer Petrol i 6 2 , Gent. for loans repayable in 60 and bodega B om hl ce $0 days. Ww 44 Mnited States Steel and other steel # 40% shares sold off from fractions to See about a point on reports of steel 04 eG price cutting. Mexican oil stocks 4 as dropped about two points on the Z, | Mexican news and sugar sbares|¢p 1 oe" | @old down a point or more because | Ulie Gr, Be oy — of the cut in raw sugar prices made | “me & 8 20% + necessary by the general demoral-|Oule, ah Bh k feation in the sugar industry, On|c, g, 2% 13 + % the other hand, changes in the | Clute ie wm — a | railroad list were fairly evently di- paoey rig or + if | vided between fractional gains and | (>, ae tis losses; equipments were compara- | Gut S&S 3 tively firm and throughout the gen- ae | eral list there was no evidence of oe din liquidation such as has been wit- a eo” nessed in recent market sessions, oS wo + {As opposed to the noticably stiffer [0 is + tendency of the time money market (rp ae the renewal rate on loans repayable 15% 19t — w | @m demand was reduced from 71-2 ie C+ % tees ae AE ai chad Onba Canc Sugar. . 21% Me ee ie Crib Cane Sug pf. o 36% 11 TO 12. Cuban Am Sugar. 8 Toro Rico Super 50 50 ne Cuban Am Sum vt Southem Pacific .. 74% 70% 74 Davison Chom Scuthern Ry ...... DK 0 MK + % Whe bear crowd became more active | Do" aiton Stan Oil af NJ of 108% 106% 100% + | during the second hour, directing | pen & kio Gi a i ; 0% Oh wy Ie their attack on the steel and oil|/Dm & kG — ¥ shares. Republic Steel sold down | Dus Miem to a new low for the year at 515-8, | seem Sal ae a drop of nearly 3 points compared | Exe ... +h with yesterday. Bete ie = Both Mexican Petroleum and Pan- | pumom Hero ners American, which have led the re-| ia Muther ..... cent decline, sold off nearly three| Freeport Tex. cut points compared with yesterday's General Agtalt.. Pan close. But the announcement of| ummm! Mestre mae ' further price cuts in the automo-| General Motor ts. pa | Bile industry failed to, influence! Goodrich ... | these shares, and the railroad, to-| Greate Mining + | bacco and copper issues and the| Gt Notte ty , theatre stocks mostly held within] gay states Sted us small fractions of the closing fig-| Haskell & a f night. Hemdeo . ess ures of last nig! oa ears anntereeeee Happ Motor . 1 12 70 1, leer, iis Inter Cone Co. . Ban money rates dropped to 61-2 per cent. shortly after 1 o'clock, but the Jower rate was without influence on the general list. Tue market de- veloped many cross currents with | trregularity extending to stocks in ‘the same group, but with most price changes being downward, such weakness as developed was due more to professional selling than to the dumping of stocks on the market for the purpose of taking are of income tax payments due on June 16 became quite apparent, Ready cash to meet corporation tax payments would, in case of neces- @ity, be raised by the sale of Liberty bonds and high grade corporation | securities rather than the volatile \ specialties which recently have | shown greatest weakness. TT0?. [fhe stock market's greater indiffer- ence to unfavorable news was further illustrated in the fourth hour when foreign exchange rates developed another sinking spell, and demand sterling fell to $3.75, a | Rew low for the present downward | movement, and a loss of 53-8 cents compared with the close of last Bight. As an offset to this un- favorable development money rates showed further relaxation, and call | funds were obtainable in the out- side market as low as 6 per cent. (ontinentai Can furnished a sensa- tion when directors declared the Tegular rate of dividend. Wall | Street has been expecting that dis- ®ureements would be discontined. | @m announcement of the regular | wate the stock eoared from 42 to 49, and there were no sales between 45 and 47. Whe general market displaye¢ a firmer | tendency, although trading was ex- tremely dull. In the fourth hour yesterday transactions totalled 210,- 000 shares. To-day they totalled only 65,000 shares, Mexican Petro- ljeum raflied about 2 points from its low for the day and its firmness had @ favorable sympathetic effect on other oil shares. Rails got close to the closing figures of last night, and in a number of instances were able to show fractional advances, Cop- per, steel, motor and other shares showed fair recoveries from earlier lows. 2 TO 3. — As the market drew to a close heavy Pressure again wus brought to bear on the steel shares and Republic broke below 50, for a loss of more than four points. United Alloy Steel showed a loss of approxi. mately similar extent, while United States Steel and other steel shares went down to new low marks for| that Ross posted signs about the place the day and registered net } that he was a dog trainer, Riddick de- ranging. from one to two points, Weakness of steels hud an unfavora- ble influence on the rest of the list with the notable exception of the railroad stocks and the motor shares. The latter group gave fur- ther evidence that they are in an oversold position by geferally hold- ing at small advances while other parts of the market were weakest. The tone at the close was weak. ‘The cotton market closed with emall advances predominating, The wheat market was quiet, The July option closed with am advance of 2% cents, l++44t+1)41 +1! 1+] SSSA SRR Kee ER SSE SKE REE +11 47% Hx Dividend, ‘Total Galen, 506,400, pa CHIEF CHEF OF N. Y., SAYS ROSS TOLD HIM A chanffeur and a cook employed by Francis H. Ross, insurance broker, of No. 58 John Street, whose widow and three children are contesting the will on the ground that Ross was of unsound mind when the document was executed, took the stand to-day before Surrogate Cohalan and a jury and told of the eccentricities of their employer. Louis Riddick, colored chauffeur, of No. 319 West 139th Street, testified that he and his wife were employed by Ross in June, 1920, at Mountain Lakes, and clared that Ross told him he was Chief Ghef of New York and had thirty-five restaurants; also that he was Com- missioner of Police of New York, Riddick's wife satd that Ross had a “ginssy stare” and that he kopt her busy finding his eyeglasses, pen knife and a pivot tooth, which he misplaced frequentiy. ——— Laree € uqua Hotel Burned. JAMESTOWN, N. Y., June 8.—The Lebanon Cottage, one of the largest | hotels at the Chaatauqua Assembly Grounds, was burned this morning. It was frame structure with 60 ests, Some of the OSH PAD Le of the fou barely | escaped with their lives, The loss is ve-story : | Sharen High. INDUSTRIALS 100 Acme ¢ 1% 109 Aetna 11% 160 Chie “M 3100 Fmpire 11% 300 Gien Alden Coal 44 600 Inu Rubber ° " 15% ‘ 200 US. Distributing 4 800 U Sten ‘ ve 400.0 8 Ship Corp... Me 300 United Profit Sharing. 1% 800 Union Carbide Mts 1900 Universal Go. to STANDARD OILS Anglo-Am Oil 15% O of Indiana * INDEPENDENT O1LS 1000 Allied OU veeeesee 4 v0 Balt Pet 5% 1000 Boone Oil 1 2500 Boston Wyoming 81 3000 Carib Synd o% $00 Creole Syndicate .. 3 400 Denny OU .. % 100 Yak Hagin Petroleum... 1 ATOOKIk Basin Pet rta....... 0% 1000 Engineers Petroleum .., % 1800 Federal Oti 19% 4200 Hudson Ou . % 509 Int, Pevroleum 1% 3500 Lance Creek * 700 Maracaibo Ot an 100 Mountain Prod ’ 200 Mountain Prod pf M% 4000 Noble Ol 2 200 Producer & lefiners ‘ 200 Ryan Cons. % 100 Salt Creek Prod ui 1900 Simms Petroleum 84 400) Skelly O11 n 1000 Texon O & Ie % 100 United Tex Ot % 100 United Royalty i 120 1800 1000 Atlanta ‘i 1 Big Laden Hoot Cresson Gold Eureka Croesus Kureka Holly 1000 Gold Cons 34 1009 Gold Devel esis 500 Goldfield Florence 8500 2800 LIBERTY BONDS. m4 aL Lawt ares High. Low, 1000 Gold Kewana no! 1 1000 Gold Silver Piek ‘ ‘ 1000 Gold Zone oi 8 MINING, 609 Mecla Mining wee 8 3% Jumbo Extension ssc. 8 ‘ Knox Divide 7 36 MoNamara 1% 16 MeNamara Crescent 8 8 Maama Cop 19 18% Marsh Min 5 5 Motheriode neW seeseeee 6 6 National Tia u a North Star ’ ‘ Mex Cons vce ; 8 Rochester Mines wesc ‘ ) San Tos Wed ’ ver King Divide t 1 S Siler Lead * % Success Min sa. 8 09 Tonopah Belmont ...... 1M tty Tonopah Cash Boy... 5 ‘ Tono Divide lw ot ‘Tonopah ext Ave ye Tono-Jim B .. ° Tonopah Midway . Tonopah Min Tonopah Mizpah : ‘Tonopah Montana ...... 0 7 Tonopah Rescue Eu! United Fastern Am ‘Tel 6s 22.. Am Tel Gs 24 0 Anaconda 7 Armour & Co Can Pao 6s. Copper Exp 8s Copper Exp 8 Coppa Pap 8s Copper Exp Se 2. Gen Asphalt 8s... Grand Trunk 6%... Humble Oi Sears Roebuck 1000 8000 5000 § Sun ou Swit & Co 6 Swift & Go 7 Trxas Co 7s. Vacuum Oil 8% 997% \ DIVIDENDS. he American Express dend, able record June 17, The Associated Oil clared the regular July 1 Company velared the regujar quarterly $2 divi- to stock of Company de- quarterly sie Liberty first 4 1-4s opened 88.40, up| dividend, payable July 25 to stock of .10; second, 87.10, up .10: th off .30; fourth, 87.18, up .08; Victory | 4 3-4, 98.70, off .10. PORBIG At 3o’clock sterling demanc cables, 3.76 3-8, off 4 es demand .0789; lire demand, .04 3; Belgian ables, .078%, and and cable: Greek drachme ¢ 0610, off .0008; Swiss francs nd, .3308; cable demand, .1 Sweden kr de 310, .1470; cables, .1 kr demand, .0020; Argentine pesos demai cables, . ————>—- BELMONT PARK ENT! RACL: TRACK, BEL! N. Y., June 8.—The morrow’'s races are as follows: FIRST PACE—<'aiming: four ‘and a thalt farlongs, ra mk Treame Roane Sea 1 war 1609 *Kirtle SHOOND RACE: 158! to Index Star Realm 161 Snap DL 141 *tewal (149) Mite Petite «104 SIXTH RACE Vor maidens: and ugmrant: one mile Index Horm, v mst. Patrick. Thinestme 2/105 Tay Feathers. 110} Jor Choate +110 + Seadand Yet" 105 tk Commissio and } BANKING AND FINAN ull Exchanges will be Uptown Office Union Carbide Buildi E, M. Bowen, Manag vice; data on contempl ments and quick exe Whe wou call ask reet Digest in Oftien placed at $50,000, entries ird, EXCHANGE. d, 3.7: dem off .00 bh nma nd, . RIES. for one wr eiyn White 112 > M5 2 Hand 16 International Steaple. for four-year-olds and upward; throe-year-olda * Agnrentice oat Camp Fire Girlx to Celebrate Saturday. A number of New Jersey groups of Camp Fire Girls aceepted invita: tions to participate in the outdoor sforts at Prospect Park, Brooklyn, marking Camp Fire Girls’ Day next ‘Saturday A feature will be a mmouth council fire conducted by the Brooklyn Guard fan's Association, around which more than 600 Camp Fire Girls will gather, Among the speakers will be Mrs. Oliver Harriman, Miss M prite Harmon. CIAL. N ICHOLAS TRUESDELL Members Consolidated Stock bx., N.Y. Every Facility for trading in’ active listed stocks on foung in’ our, 30 East 42d Street Phone Vanderbilt 8092 er Ws ser 0, | | 8: | 290, off | rand, | rk MONT PARK, | to- for two-year-cids; rt. no 10 " 10 110 for THIRD RAC ‘The Reldame Handicap: manent ree ear olds “ant tipward;, elk. furlongs; ain ‘couree Index Horse Wr. Ind Hore Wt MRE Mania... 110) (HE) wea 20.10% & nflsde 1th. Penman aa Stay Tagtitiy 118 | 100° L, Gertrude, . 108} | FOURTH RACE. Conditions; for fourgear chi | grand: one mile Irndex "Hore We [Index | Flore we | 130 Camouflenr ...114| 148? ‘Thunderstorm 122 129 Carpet UT Dedadon vee 118 100 Mibey Taker. 16/ 1% Romany = Anniv i Genie ord June 30. he Hercules Powder dend of 1 per stock, payable record June 15. June Company | declared the regular quarterly divi- |dend of 2 percent. and an extra divi- cent on the common 25 to stock of The Libby, McNeill & Libby semi- annual dividend of 50 cents due to be ident Burrow: intere; pr stock of record June 1 1,| paid on July 1 has been passed. Pres- states it is the belief jof the directors that it is in the best | of the company and its share- holders that the company's resources 8: cables, 1700, off .0015; guilders | be conserved. ; The Tobacco Products Corporation jared the regular quarterly $1.75 erred dividend, payable July 1 to —__—_—_—_—__——_ BANKING AND FINANCIAL, eee == NNER or by mail and. will without obligation: trend—Ask for No. —Late market Reports and which you are interested. Ask for Na Call at our o BW-444, MADISON SQ. 42nd STREET We can help you in your market transactions Well informed representa- Aives will be glad to answer your questions in our Board Room or over the telephone give you review of tha market concise quotations on ac- tive New York Curb Market Stocks, Tell us the stock in Board Room or write us. 225 FIrTn ave Tok Mad. Sq. 1377 Ses FIFTH AVE. Tel. Mar. Hit 7120 Offices in 8 principal cities Direct Private Wires JONES & BAKER Members New York Curb Market FUNERAL DIRECTORS, “THE FUNERA| CF oeb-Gea tat in) PHONE Couumeue 6200 Dowatown Office, 234 St. & Sth Av. At You .ervice, Bay or Night PRANK E. CAMPBELL) L CHURCH” toe, 70 Broadway at 66th St. == We Carry a Full Line of ‘Pictorial Review’’ Patterns Thursday Economies ofHENBERGS Satisfaction Guaranteed er Money Promptly Refunded |_West 1ith Street—Between 5th and 6th Aves.,| cm Thursday—One Day Only An Extraordinary Underprice June Offering of Women’s and Misses’ Handsomely Tailored Suits STUNNING IN_TRICOTINE, PLAIN AND $ POIRET TWILL, EMBROIDERED COVERT CLOTH, MODELS FULL SILK SPECIAL AT LINED COATS Suits That Sold up to $59.75 Drastically Reduced in Price ‘OMEN whose tastes’ lean toward the highest grade y V of apparel will welcome this opportunity to satisfy their desires at a very normal expenditure. Then, too, there are but one or two suits in the entire lot that show any similarity of design or trimming treat- ment, so you will be assured of the same exclusiveness of style as though your suit were made to measure. Finest quality materials, beautifully tailored — rich silk braid or silk embroidery trimmed or severely plain effects for women and misses; sizes 16 to 42, but only one or two sizes of a model. Dressmakers’ New Model Complete Dress Forms ee : |r Keep Out Dust and Moths | “Roy” Bags. Moth Proof, Dust Proof and | Germ Proot Throughout. quality Jersey cloth; heavy base; wire skirt. New model, straight $ Set of 3 | front, extra long hips, low bust; metal Bags, Sold || arm plates. Sizes 32 to 44.’ Same e Reg. at 1.50 1 | shape as our $5.98 model. No C. 0. D., mail orders or exchanges. 22 & 24in. Natural Wavy HairSwitches Yousee them advertised every- where — made in convenient sizes for all kinds of garments. Hl wre Napthalene II Shown jn all shades except 6-0z. box 6-02, box | per: 1 95 tale) AG) slaves ee 9c) | Recrrmatch. Kosular ss Uy Paragon Bulb Syringe | Well made throughout, No: 2 size, with 39e | two hard rubber pipes. Val. 98c. Special Ready Made Dress Linings Pertect Seng aaver Ene, “W Ever” Aluminum ear-L.ver uminu c 7-inch, Reg. $1.30 F P ye ry Pans Special Offering for 10 Days Only Extensively advertised in all the newspapers and magazines. A sale that should put several of these indispensable articles in every house in the city—made of hard thick sheet aluminum. No Mail, Phone or C. 0. D. Orders. Polished Aluminum ap $ )) 2.19(ff: 3-Quart Tea Kettles well made of thick aluminum, highly polished—for gas, coal or oil ranges. Polished Aluminum 3-Pc. Sauce Pan Sets One each, 1, 1}4 and 2 quart sizes; high- ly polished alum- inum. very special o Goodspring well made. Special, at This “Greenpoint” Bed $10.00 5.98 Another Big Lot of Those Better iran AWHIinNgS Regulation blue stripes on white grounds. Strong iron frames; all fix- tures complete, ready to hang; sizes to fit windows from 28 inches “vide to 42 wide; 45-inch drop, including 9-inch skirt; «0 green, brown and tan stripes in some sizes. 5 Piece Slip Covers Popular striped cretonne; cut, sewn and bound complete, 1 1 98 e allowing 30 yards of material at 22c yard for a 5-piece Natural C7 RAR Sale of Bamboo N Green size 8x8 6x8 $3.98 $3.98 Porch Screens ext 1.98 Store Hours: 9 A. M. to 5.30 P. M. Bamboo, complete with rope and pul- leys. \