The evening world. Newspaper, June 15, 1921, Page 20

FEATURES OF THE TRADING, ‘ HOUR BY HOUR. 10 TO 11. Liquidation of stocks was resumed } the market this morning in suc! heavy volume that more than a dozen prominent issues touched ‘mew low records for the year, In Bot a few instances new low rec- ords for all time were established. ‘There was practical é:moralization 4 fm the sugar stocks and in Mexican ell shares during the first hour of Business. it seemed that the only Bupport these stocks had came from the short interest. Mexican Petroleum opened with a loss of @ points, and soon extended its Joss to 73-4 points, It broke through 120. Pan-American broke @own to within a smal) fraction of 48 to a new low record. Pailure of bankers to shape a definite policy which might relieve the de- Moralized condition of the sugar Industry resulted in further heavy Mquidation of these shares. It was apparent that many stocks in this ‘group were being offered on the “market as fast they could be @bsorbed. American Sugar sold @own to 69, for an overnight loss * et four points and the lowest pricy “it has touched since 1893. New low Fecords were also established by Cuban Cane Sugar common and pre- ferred and Cuban American Sugar. Phere was such a lack of demand for Atlante Gulf stock that on compara- tively light offerings the common broke thore than 6 points to a new dow record. Crucible was heavy in anticipation of a material cut in the @ividend when directors meet this week. It showed a loss of 3 1-2 points, and sold as low as 52, a new Jow mark for the year. American Sumatra also registered a new low for this year. Ralls were quiet, there being a gen- @ral disposition to await the divi- @end action of directors of New York Central and Northern Pacific, ‘who are scheduled to meet to-day. Losses in this group were most! Nmited to small fractions, “Grading in the stee] shares was of mall volume. For instance, there were no transactions in Republic Iron and Steel up to noon. United Gtates Steel at first showed a loss ‘of more than a point, but toward the end of the first hour recovered most of its early loss. Coppers were @ii but neglected, but the motor shares maintained a steady tone, Com Inter-Cal M with a renewal of strong buying in| ®tudebaker every time that stock Geveloped a recessionary trend. ‘Phe market was uninfluenced by a rop in the call money rate to 6 1-2 per cent. Neither was much atten- “tion paid to the greater steadiness ef the foreign exchange markets. ‘Wheat broke 4 cents 4 bushel. 11 TO 12. | ‘be market continued to have a Reavy tone up to noon. There were intermittent and insignificant ral- lies in the seoond hour, but these were not well sustained. Mexican Petroleum continued to hover round the low mark of the first hour. Its extreme weakness unfav- erably influenced other oll shares, ; Juding stocks of companies that | ware in no way directly concerned \ with any possible unfavorable de- { -yelopments in the Mexican ficlds. *-®ugar shares also failed to develop fallying power of consequence. Rubber shares turned soft, and equipments went down from 1 to 8 points. 12 TO 1. Beciaration of the regular rate of; jwidend by the Vanderbilt lines, “including the New York Central, ‘mparted a materially better tone to the railroad group, but in most other pections of the market heavy selling pressure continued and in several fmetances new low marks for the day were recorded. Atlantic Gulf was the worst sufferer, and it extended its loss to nearly @even points for the day. Sugar shares continued to be pressed for © @ale, and bear selling was added to ‘Hauidation when it was announced that the price of refined sugar had een lowered to 5.75 cents a pound, &@ new low figure for the present de- clining movement. Bears in the oil stocks were encour- ged by private advices to the effect Maxwell Mowr. Central Leather pf. . %] May Dept Stonw (Certo De Paso. 1 |e Mex Petrokasm Chandler Motorn 1% | stiemi Copper... Oher & Ohio... #8 ) Misatte Stata Oi OM & oP ae ‘| stidvate Steet Oh, M& St RR pt P| Ming & st Louis hig WL & Pac. % | Mimoari Vaecitic. | Ox, Rlkt Toco 12 | Mimouri Cacitic pt. Chi, Gt Went “1 Mont Wani...., bi, Gt Wan of Montana Hower... , 1% | Molliaa Body. . Cite Conner. ‘ims Lasam Wis ke % 1M Wy y% » Muoh of the selling was based on the | Sowth Ry . _@hat the price of crude oil in the } Mid-Continent field had been fur- » ther reduced, this time to $1 « bar- fel. Declaration of the regular New ork Central dividend inspired the Belief that the Northern Pacific Di- Tectors, who were scheduled to meet fat 2 o'clock, might not, after all, re- ‘@uce the dividend from the present 7 per cent. basis, and that stock fose to a new high for the day, and recovery _— compared with the recent TT07, ‘With the exception of the rails and a of the chotors, the market con- to have a weak undertone Sextile, rubber, leather and chem- ‘Weal shares went down in sym- pathy with the extreme weakness fi the sugar and oll stocks. measured more than 5| Ade itoinely eCian am Ripe, 15% Aix Rutter Davison Chem Alaska Gold Det & Hudwow, Alaska Jonea Den & Me Gr pf. Dome Minium Am Net Gan Endicott John Am Beet Suwar Feie Oe At Boneh Magneto i Erie Jat ot A ‘ “Famous Mayers Fink Rubber Freeport Texas Ac: Dg Symi ‘41 Gen Aaphalt Am Hide & 1 Gaston, Wi & Wa 1h Hide & L pf lee ral Clear ab Greer Bleet 10% Am toe pt Genersl Motor 10 Am tetermations 8% |General Motor yt «ty Am La France .. Ye | General Mot dev T% Am Linsewt Oil *]Gen Motor 6 pc 61% Am Locomotive 14 | Goodrinw i Allied Chee 1 | Gouteicy yt ‘6 Ag@ Safety Kazor Bi Granoy Mining. 4 0 m stip & Com @ \Great Noriiem wf Ghia Am Genel; & Ite! Am Smelt & Itef pt Am Steel Fir 8 | Great Nor Ore Greene Carmnen “{Gueo Sugar Ain Swear ~ 8% | Houston 0. Am Sugar "l¢, 1 | Hupy Motor Am Sumatra ‘Tub 8% | iino's Cent Am T & 1, Indialwme Refining 4 Ain T&T ra Todian Mefining i" Am Tod... 1%} tnoveation Am Tob cta 1. Inter Oorm Ci ey bio 18] Inter Cone Cony pt Am Zine Inter Agr American Zine pf % [tater Age Com if. 30% Feec 16 tot. Harventer te Teealiatio . 5 Atetiaon Ry [te Bao Atehiean Hy pt Ath Const Line Seis aX | Sint Oi Al Gut & Wot ang & WI of = Atlantic Fault Mees Oli be Baldwin Loco 1% city agrinetietd Balt & Ohio Kennecott Copper. Be OW Keyarone ‘Tire ‘Beth Stee! Krewe “Heth Bteol B 1M {Laclede Gas Bidyn Ray Tracait Lackawanna Steel Rrone Term ‘$V Lee Rother & Tito 21% Pate & Superior [ties vactey Rurawide 1 Mel rtewect de Mesere Caddo Cent O11 4 | Loew's Ine Calif Hetrol sum 1% | Loft Ine... Catt Petroleam pf 1 | *Lorittant Calumet & Arizona 1% Vows & Nasavilto Canadian Pacific Central Leather... % | Man Elevated. . NYNH EH... Norfolk & Western 04 Can 1 Phillips side market as low as 6 per cent.,| Piero Arrow but this fatled to check the de-|Picroo Anow cline. The present relaxation in call rates ts known to be due to the accumulation of funds at this centre to meet income tax pay- ments due to-day, and, algo, the| . payment in this section by the, pure Of ......... a8 Government of $35,000,000 Interest| Parish & Bingham 10% on Liberty bonds and the payment a Steel Springs... 7% of something like $85,000,000 of ma-| jay camer ef turing certifcates of indebtedness. trating ‘iteading 2 TO 3. | hws cig) =a Rap Lron & Stoel The pressure of liquidating sales was | Roral Dutch N ¥ increased during the last hour hed L & fan and in numerous instances new eae lows for the year were recorded. | sason Motow The market for Mexican Petroleum | Scars-Rostuck 7 became demoralized and that issue , Sattuck Aris . ou Shell T & T. aK broke to 114, a joss of 13 points | cu: ou... 2% compared with the close of yester- | sicm-diel! Steel. 36 day. South Pre renewal of reports of unfavorable] Sm) On % 3 developments in the Mexican oills: on NJ fields, ‘The vehement denial of | Btromben: these reports by the head of the) Stuiterer 0...) 70 Mexican Petroleum Company failed | gaperior Ol .. to check the decline. Pan-American | Superior Steal closely followed the movements of | Teo Cop & Chem, 7% Mexican Petroleum and also went) 7=™ Q™reny down to a new low mark. Tex & Peo Col Sugar shares continued to be pressed | Thint Arenus. for sale and American Sugar went | Tsxo Prot down delow 6%, for a net lows of | Tamm Oo more than five points. Steels were| Union Pacific unfavorably influenced by the an-|Usion Pacific noupcement that the pig iron mar-|*United Dros ket is again developing a lower price vo ie Fon ee tendency, and by the suspension of| un Ry Inv Co...- 9% dividends by the Empire Steel and{Un By Inv Co pf, 20 Iron Company. in Retail Stores, 55% Losses in the steel group ran from 1/0 8 ¢ 1 Pm Ye to 8 points, Practically the only|y § parm... 6% section of the market to maintain|U 8 Ind Alcohol... 10% & firm tone were the rails. Losses|0 6 Baly & Imo. t0K in this group were mostly limited| Uf MeO oo to fractions despite the extreme] |) ‘g ited... weakness in other parts of the list.| 0 8 Atel .. With the exception of the rajis| Utah Comer . closing quotations were about the | Utah Srouritie lowest of the day. wa Gane Chan. —————————— Va Carmo Ob of. Vin No Shaperens Mm Danes, ‘They Quit) \ pow) PN me Weber & Re... 12% WELLESLEY, Mass, June 15.—Four|Wwan pan, rn Prominent Wellesley College girls have | Wee Maniand..... ®% danced their way out of school, it be-| West Mary ai of. 184 came known to-day. Thetr names were | West Pacific Carp. withheld. ‘They were expolied for at- | West Pac Corp vt tending a “poverty dance” without | Westinghouse proper chaperonage. Wheel & LB. ph SE Wheel & LK pt. Killed After Tire *White Motor . Frank Rekow, nineteen years old, of | Wate Ou... Riveredge, N. J. Was instantly killed | Willy-Overland “ about midnight a short distance from | WilieOverlamt pf. i his home. One of the front tire of hie; Wor Pump... 4 suto blew out and he lost control of the | *S divktend, machine, whieh plunged into a ditch) **Kx, rights ‘Money was {reeiy offered in the out- aia and upset. ‘Tota! sale THI.GO0 shares, COMPLETE CURB QUOTATIONS 900 Amal Leather 000 Arit Amer Atapatn wah Monsans 1000 Tonopah fee Hula 100 United Kat 1000 Victory i 1200 Wert Pind ¢ 1100 White Cayy 1000 Wilber, 5000 Rete Gor 654: | 2000 Armour & o ! 12000 Heth Steet 2000 Heth steed ¢ 4 | 4000 Can Nat Ry bq 7. 11, {10000 Cities Servicn Te Ht fig | 10000 Cities Service 1000 Cities Service 115000 Empire G & F Ga 2 4900 Grand Trunk Gis INDLMENDESY OILS. rand Trunk OM 1 1n00 Guilt On 7s 000 Humble OU as WOO Ttbby MON AL Be 1000 Nat Leather 19000 Roary Kowbuck 7s 3 "000 Sears Roobuck 1900 Southwewt Hell | 4000 8 ON ¥ 7s a7 Hi 2000 8 ON Y ts 20 101% 500 Kaugiovers Detroleun 1000 Swit! & Co 7s oe 100 Guffey Gillewie 100y Hud Ol {Hod Mareceibo OM, 200 Nat Ou of N 4, 200 Noro Oi pt 00 Produeer de Mafinens.. Vroducer & Iefiners ris | 1900 Wiokard ‘Texas 200 United Tex Ol. 100 United Moyalty . 20500 Huston @ Mont 200 Caled Mining 1000 Caluinet & Jerome .. 6000 Cortex Sliver 60 Cremon Gold .. 18200 Eureka Croesus 1000 Goldfield Florence 1000 Gold Kewana 1000 Gold Silver Tick 200 Hecla Mining 500 Jumbo Pixten 1000 Knox Divide . 8200 McNamara Cres 1200 Marsh Mining 200 Mason Valley . 200 Mother Lode new 1000 National Tin . MADISON SQ. #23 42nd STREET $05 FFT AVE ony 600 Rochester Mines 1000 Bilver King Divide 700 So Am P & G 100 8 Silver Lead 1200 Success Mining 100 Tonopah Belmont 1000 ‘Tonopah Cash Hoy 1300 Tonopah Divide 600 Tonopah Eat .. 1000 Tono-Jin B. 1600 ‘Tenopah Midway 109 Tonopah Mining Wall St. Gossip LIBERTY BONDS. opened, 88.60; 86.86, up .06;3d, 91.48; Victory 33-48, 98.32, off 4 3-4p, 98.32, off .04, FOREIGN EXCHANGE. At 3 o'clock: cables, 3.79 1-8, French franc, demand, .0808; cables, Lire demand, .051 i ee ee oeetis vers FF ees erties + Liberty 3 1-28, 0809, up .0009 © demand, .0800; Marks, demand and cables, off .0000 1-2. [++tt0! Greek drachma, demand, .0622; cables, Guilders, demand, 8323; cables, 3825, up .0033, SELES FEES KR FEE Pesetas, demand, |. 1817, up .0017. demand, .2230; cable: Norwegian kr., demand, .1460; cables, Danish kr,, demand, Swedish kr., -2236, off .0010. + + + + FOUR PER +1455, up .0008, 11712}, cables, 1717, up .0007, * DIVIDENDS. ‘The Kerr Lake Mines, Limited, declared a dividend of 121-2 cents per ehare, payable July 15, to stock of record July 1, The Reo Motor Company declared [+1441 before July interest f, HE Fe Fe EE +141 21-2 per cent., payable Jul, of record June 15, Youngstown Sheet Co, declared « dividend of 50 cents on the common stock, and the regru- lar quarterly the preferred, to stock of record June The company paid $1 on the com- mon on April 1, eeeee creereree FF F $1.50 on Jan- The body of an unidentified wom wus found in the bay Street, Brooklyn, to-day, forty-five years, five fe and wore a black sult, Liack ntookligs Two letters wet the Brooklyn THE EVENING WORLD, WEDNESDAY, JUNE 15, 1921. lL High, Low, 1 YOREIGN BONDS so nonns pire G&S ot Sun Oi Ss 24% from —Old Customers About 40 out of every 100 new customers come fo us from satisfied old customers. Will you give us an opportunity to demonstrate to you the value of our brokerage service? af ‘Well informed representatives will furnish you — without ob- ligation — concise Reports on New York Curb Market stocks, latest quotations, and late market news, Ask for “INVESTOR & TRADER,” 12-page weekly, which contains articles on ac- tive stocks, and a review of the market trend. Furnished on request. Ask for EW-448, BROAD STREET 35, Bn OA? 253; FIFTH AVE. Direct Private Wires New York Chicago Boston Philadelphia Pittsburgh Detroit Baltimere Cleveland JONES & BAKER Members New York Curb Market RAYNOR NICHOLAS Members Consoltdated Stock Ez., N.Y. Every Facility for trading in active listed stocks on| all Exchanges will be found in our| Uptown Office Union Carbide Building 30 East 42d Street Phone Vanderbilt 8092 E. M. Bowen, Manager Complete quotations und news ser: ; data on contemplated invest is and quick e ¢ part of our investors’ servi When you cal! ask for the Wall Street Digest—it's FRER. Main Offtee—42 Brondwny. Phones Bron 4183-7. NG SAVINGS BANK NST. re ttho rate annum on ull deposits WD entitled "t ie President FUNERAL DIRECTORS. t the Hour of Death Call: Circle 1500 the arrants erat of tho alaé of the fun FIFTH AVENUE MEMORIAL INc., New York’ _nstitution For Burial and Cremution FRANK K. CAM) "THE FUNERAL CHURCH” toc. : ) @ UWloo-Sectarian) 1970 Broadway at 66th St. pes Sd L. A. PRICE, Pres. atisfaction Guaranteed or Money Promptly Refunded | West 14th St—Between 5th & 6th Avs. Majesty —the Baby—ReignsSupre All This Week and Monday Next—Bring in Your Little One and Enter It in Our Popular Prize Baby Contest: UNDREDS of babies already entered enthusiastic mothers throng our Infants’ Ve 1 0 day long with their little ones—blondes, brunettes and titian haired beauties—all in friendly, happy competition. Bring Your Kiddie In—He or She May Win a Prize $5 Gold Piece to heaviest baby 1 to 6 mos. $5 Gold Piece to heaviest baby 6 mos. to 1 yr. $5 Gold Piece to heaviest twins, up to 2 yrs. $5 Gold Piece to heaviest baby 1 yr. to 18 mos. $10 Gold Piece to baby holding Lucky FREE BALLOONS GIVEN AWAY EVERY DAY OF THE CONTEST. GRADUATE nurse and assistant in constant attendance through courtesy of the Imperial Granum Food Co., will judge babies in their respective classes endimpart much valuable information concerning the care ard healthiul rearirg of babies. Babies will be weighed each day from 9 A. M. to 5 P. M. the final awarding of prizes. Winners will be notifi tisement in the Evening Journal of Tuesday, June 21st. » Children’s Princess Slips,night- gowns, combination drawers and waists, Sizes 4 to 14 years. Value $1.25. . Children’s Or; embroidered yo! Wear Dept., 2nd floor, all 69c andie Dresses, es and bottoms; 2 to 6 year sizes. Value Infants’ Dresses and —Emb'd and apes We Carry a Full Line of “Pictorial Review”’ Patterns $5 Gold Piece to heaviest baby 18 mos, ta 2 yrs. umber. Children’s Coats--Polo cloth, | Sample Lot Infants’ Shirts velour and poplin; 2 o5 00 Silk and wool and ail woo! 6 years. Value $9.98.. . Value $1.49. While y Infants’ Dresses — Long and | Tinportee Jap Silk Quilts ft iste, Embroidered. 1 id ea ea) 78 ¢| Value #198 $2.74 eS Bath 85 | ines = atue 200. and 19 Cc Ro ne $1.49... C) Infants’ Hats and Caps Infants’ Kimonos, gertrudes | embroidery and organdie; Not only are they prettily made and trimmed but they are of peel die as well; exquisite and embroidery embel- lishments, set off by $ colored ribbon bows and e Mod. Sq. 1377 sizes 10 to 14 years—several styles— Value that is surprising considering the high quality of fF oehame and the excel- re lent, workmanship and style; in new checks and pl self and contrasting color trimmings; sizes 7 t and nightgowns, | cre de chine and Jap. Value 79¢........ 34¢ ' satin, Value $1.98 34 c — Here Is an Exceptional Opportunity to Secure Girls’ White Dresses | al At a Very Decisive Saving sheer quality white organ- lac Girls’ Gingham Dresses ut 14 years. Bur ndtow? full and roomy mings, others straight lines; long and short sleeves, round, square and V-neck—stripes, checks and figures in beautiful color com- binations—sizes Sa House & Porch Keep Out Dust and Moths Frocks 1.24 Beautiful gingham, percaleand | “Roy” Bags Moth Ptoot, Dust Proof and } Germ Proof Throughout. H $ Set of 3 \| Bags, Sold | e Reg. at 1.50 You see them advertised |, \) everywhere—made in conve- \> nient sizes for all kinds of garments. : Half Price Sale of Soap Dyes iM \ “Twink” —"Dyrite’ —"Alad- ! \\ \| | din” or “RE-NU"—— Bel || regular 10c—special .. DC) ¥e" 8 oz. bottle,—regular 50c size Pond’s Extract 3 6 " divide the'slx months ending June $0, 1991.7" un : CENT. ‘hereto, payable on acd after July 18, 1921, Deposits to $5,000 made on or 13th will draw ym July 1, 1921, |. DUNNING, Secretary, Store Hours: 9 A. M. to 5.30 P. M. Extraordinary Underprice June Offering of Women’s and Misses’ Handsomely Tailored Suits. Thursday—One Day Only STUNNING IN TRICOTINE, « PLAIN AND $ AND HANDSOME |‘ EMBROIDERED POIRET TWILL, “2 MODELS FULL SILK SPECIAL A‘ LINED COATS Suits That Sold up to $59.75 in Navy, Black and Tan A FAMOUS maker of Suits that are always admired wherever shown sold us 50 Suits—all he had—at a price that enables us to offer you extraordinary sav- ings tomorrow There are but one or two suits in the lot that show any similarity of design or trimming treatment, 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 40, but only one or two sizes of a model. rt me ,and a record of their development kept fot ‘ed by mail, and their names published in our adver" - 64¢ —_—_—