The evening world. Newspaper, June 23, 1921, Page 24

Although what litjle news that ws brought to bear on the market to- day was of a favorable action of prices during the morn- ure, the ing was discouraging to holders of stocks, Considerable new liquit tion developed which, coupled with fresh bearish attacks, forced many etgcks down to new low marks for the year. Losses in specialties ex- tended to between 3 and 4 points The manner in which the market acted to-day lent strength to the conclusion that the rally of Tuesday and Wednesday morning was due to technical market conditions, Con- fidence in the situation and outlook | has been so shattered by the ma-/ licious rumors now current that the | market is robbed of buying power of | consequence, | The market this morning refused to heed the present comparative rel x- ation in money conditions, the re- duction in the Bank of England's discount rate, the improved road earnings and the reassur.ng opinions given by various corpora- tion heads. Such developments were more than counterbalanced by bear propaganda, Rumors of impending dividend reductions, of forced iiqui- dation of loans and financial dif- ficulties and what not, were ifs During the first hour prices swayed back and forth without definite trend. Irregularity of price move- ments was most marked. Ro: Dutch, for instance, rose 4 points, Mexican Petroleum was steady, but ether oils were weak. Pieice Ar- row preferred rallied 4 points be- cause of the reassuring official statement issued after the close of the market yesterday, but Chandler and other motor shares were gen- erally lower, Among specialties, Sears-Roebuck, United States Rub- ber and Kennecott Copper were particularly weak, Rails were al- most noglected, and showed only fractional changes. Steels dis- played a lower tendency. 11 TO 12. Decided pressure was brought to bear on the entire list in the second hour. low for the yeaprat 70 1- marks were afso made by Pennsyl- vania, Chandler, Sears-lRoebuck, American International, Bethlehem Bteel, Crucible, Republic, Goodyich and National Enameling. Losses in most of these stocks amounted to more than 3 points. It again seemed that the only buying | power in the market, with the possible exception of United States Steel, came from the short interes There was what seemed to be strong banking support of Steel at fits low figure. — 12 TO 1. Although pressure against the market glackened during the noon hour, | prices failed to develop rallying power. The whole market con- tinued to fluctuate within narrow fractions of the lows of the morn- i ing. Evidence of support could @till be seen in United States Steel @nd Mexican Petroleum. The lat- ter stock was one of the firmest on the list. Buying of steel was by m large brokerage house = ttat is supposed to act for so-called “in- | side” interests, But independent steel shares were heavy. Rails showed the greatest resistance to) pressure and mostly recovered | early losses. TT0?. Im an effort to counteract the rumors being circulated in the financial dis- trict, Sears Roebuck followed the example set by the Pierce Arrow management and announced that the company does not contemplate any new financing. But the specu- lative fraternity was not in a mvod to pay proper heed to this official in- formation, and Sears Roebuck stock continued to be traded in at record Jow prices, Sugar shares were sub- Ject to short covering. American Gugar refining, which commands a premium in the loan crowd, was ample to rule fractionally above the closing figure of yesterday. 270 3. ‘There was practically no change in the character of the trading during the last hour. The market con- tinued to have a decidedly heavy undertone. In several instances new lows for the day were recorded. Chief of these was Chicago, Mil- waukee & St, Paul preferred, In ether parts of the list there were fractional rallies, but it appeared that these were due almost entirely to short covering. And it was a matter of widespread comment that | preferred stock. short covering operations did not result in rallies of larger extent. The cotton market, which In early dealings had maintained a firm tone, | weakened in nal dealings and closed with losses ranging between $i and $1.50 a bale, Wheat closed | with a net gain of 2 cents a bushel. A despatch from Chicago states that Sears-Roebuck officers are not plan- |ning any new financing in order to care for the company's $17,500,000 note |issue due Oct. 15. Vice President Loeb 8 s the company's “position ts satis- factory and decidedly comfortable. According to the despatch the com- pany has reduced its obligations about $20,000,000 since Jan. 7, and will do much better the next six months, The company has had to buy but little merehandise, more than half its June shipments representing merchandise on hand, Report from Boston says the Amer- ican Woollen Company iy now operat- ing at 95 per cent, of its maximum capacity and expects to sell every yard of goods it can manufacture in the next six months, The Bank of England to-day re-| duced its minimum re-discount rate from 61-2 per cent. to 6 per cent. Ke- | cent advices from London state that the coal strike which has tied up in- dustry ig on the wane, although not yet over. The New York Federal Re- | serve Bank rate was reduced to $ per cent, on June 16, The net income after charges and taxes of the Philadelphia, Baltimore and Washington Railroad for 1920, ac- cording to its report to-day, was equal | to $3.19 & share, as against $3 a share for li The company's net income for 1820 was $1,689,608, an increase of $103,000 over 191y. The Pierce Arrow Motor Car Com- pany as its answer to rutnors of im- pending calamities has adopted the policy of throwing open its buoks to reporters or other representatives of the public. ‘The company’s books show that it has current assets of $20,000,- 0 against current liabilities of $8,- 500,000, or a ratio of about 21-2 to 1 Officials are satisfied the company can weather the present storm. Its passenger car business is reported as good, although its motor truck busi- ness 1s dull. The Goodyear Tire Company an- nounces it will increase production early in July. Cotton mills In the South report in- creasing orders. Growers are keeping an anxious eye on the coal strike sit- uation in England. With its settle. ment British mills will be reopened| Cuba Cano Sugar ha Cane Stat 1 Onban Amer Suet 14 Oxtan Am Songer pt 75 and American trade stimulated, Directors of the Virginia-Carolina Chemical Company to-day decided to suspend dividend payments on the Disbursements ha been at the rate of 2 per cent. qua terly. In anticipation of suspension of dividends the preferred stock this morning.sold down to 60, a loss of 5 points compared with the close of last night and the lowest figure at| ames Ulacem of. | which it has been traded in since the | Pk Maboer + company was incorporated in 1895, LIBERTY BONDS. Liberty 31-28 opened at 87.42, off 91.38, off 02; 4th 41-45, 86.90, off .02; Victory 4 3-45, 98.36, off .04. FOREIGN EXCHANGE. At 3 o'clock, Sterling, demand, 3.74, cables, 74 1-2, off 78, French francs, demand, .0799, cables, .0800, off ,0003c, Lire, demand, .0475, cables, .0796 o 0019 1-2c. Belgian franes, deraee 0796, cables, .0797, up .0003c. Marks, demand and cables, .0140, off .0oozc greek drachma, lemand, . i. 0618, off .000ze. pe ceples Swiss francs, demand .1687; cable .1689, off .0001c. Guilders, demand sess cubles, 8800, off .00210.' Pesetas, de-~ mand '.1326; cables, .1828, off .0008c. Sweden kr., demand .2230; ‘cables, .2236, unchanged: Norway kr., demand 1430; cables up ,0008¢, "Denmark kr., demand .1690; cables, .1695, off .001sc. DIVIDENDS. The American Surety Company has jared its regular quarterly divi- dend of 2% per cent., payable June 80 to stock of record June 25. The American Shipbuilding Com- pany of Cleveland has declared an extra dividend of 2% per cent. on common and the regular quarterly dividends of 1% per cent. on common and preferred stocks, all payable Aug. 1 to stock of record on July 15, The Steel Company of Canada has declared its regular quarterly divi- dends of 1% per cent. on common and preferred stock, both payable Aug. 1 to stock of record on July 5. The Pittsburgh Coal Company has declared \t# regular quarterly divi- dends of 1% per cent. on common and 1% per cent. on preferred stock, both payable July 25 to stock of record on July 7, The Norfolk and Western Railroad mpany of Philadelphia has de- lured its regular quarterly dividends of 1% per cent. on common and 1 per cent, on preferred stock, The com- pany reports net earnings after charges and taxes of $1,352,227 for the year. The Virginia-Carolina Chemical Company to-day deferred payment of its quarterly dividend of 2 per cent, on preferred stock due at this ume, This stock 1s cumulative and holders will under the company’s charter re- ceive interest on the dividend up to the @rre it is declared, ar Am An Aw La ¥rance Wout Am Zine .. Am Zinc pt Anaconda Atuthison Atatison Ry ity Adantic Fruit. Bal & Obi ei Stoel Letts lwth Stool B. oxh Fisberios Iya ikkyo Brune ‘Tenn Liurns Bros Butte Cop & Hutte itterick Co Barnedale 1 Caddo Cent Ol Calif ap Tran Calle Bet of, Calumet & Ari can Pac Cent Leather Cerro De Vasco: Chay & Odio « Chi Pew Tool ch RI & 0 Ohie Chic & NW By hike Copper Chino Cowper CocaCola Col Fuel & Iron Columbia Gragho Consol Clear Consol Gea. Coneol Textile Con Io Com « Cont Candy Comten Oi Com Prxtuets Crucible Stoel Davison Chem 7 Farie oo. Pte Famou Freeport Texas Gen Asphalt General Cimar. General Fieetric. Geoeeal Motor. « « Great Nor Ore. Greene Cananes. Oal Min. ‘Tuvacco ta Tt Tel & Tel re pie Atlan Bino & Ad Ad Gull & WoL. Baldwin Loco «+ Bak & Ohio pf. Letopilan Miniog Steel 8 p b> Ray Tran. ns & Superior Calif Petroleum. Chandler Motors. « CM & SUP RR. CM & str itt CRIAPC KM CHIE PTA Great Weat.. 7 Chic Great Wart of Clr, 0, € & Sth. Col & Southern Col Gea & Elec. & Wert. Meaican Petroleum, 112 ne Adame Frorone a Ady Rummely ese. 38 Ady Hamely pf...+ 8 Ajax Hutter rM Alarka Goll % Aladea Junent 1% Aibe-Chalmern 00 Alliechetmem ph. 70% ‘Ain Agr Chem, 30% ‘ee Hank Note... 49 ‘Am Beet Svaar m% Am Beech Magneto 34 Am Can see Am Car & Foundry 7% Am © & Fount pf 100 Am Cotton Oil. 16 Am Drug Ssnd 1% ‘Ami Hide de Loath, 0% Am Ho& Lop... 47% Am “vs Am Am Ain Lineead Ol. Am Lovomotiv Allied Chem... Am Safety Iazor |.Am Ship & Com Am Smott & Het.. Am 8 & Rpt... Am Steel Kouniry Oe ee Am Sumatra Tub Ain ‘Tel de Tel 5. Atm ‘Tubacco 03 % + Th 33 Guan Stear. ses Guit Sintm Sted. 27 Hinakell & Razker.. 61% Howton Of vee. OM Mer Motom ...e6 11 Homiemtake Min, 0 Niinois Central... 68 Indiahoms Refining 8% Indian Refining.» TM Tomptration Quem, 81% Inter Cons Corp. 3% Inter Cons Com pf 10 ‘inter Agr Corp... 6% Inter Agr Corp sf, 38 Inter Harvester 53 Inter Motor . > Inter Paper csssss Ot Inter Mor Mazine,. 10% Inter Mer Mar pl. 40% Inter Nickel . 13% Invinetile Ol vee. TL Taland Oil .. 3% Tron Prodtucte 5... 26 Jowel Ten 8 Jowel Tea nf ah Kanme City So. 20% Kansas City So pt 48 Kelly oringfiekt .. 37% Kennecott Oopper . 18% Kerstone ‘Tire o% Lackewanne Steel. 34 Lake Erie & West 10% Lee Ruther & Tire 25% Tati Valle... 4% Liggett & Movers. 14144 Loew's, Ine 11% Lott, Ine o% Loone-Wilen 31% Lorient 142% Loan & 108 Merda Perey . 16% Maxwell Motor 3% Miami Copper... 105% Middle States Oil,. 10% Midvale Stoel oo... 22h Minn & Bt Louie., 103% Mo Kan & Tex.... 2% Mo Kan & Tex pt. 4 Mo Pecific ...se5. 17% Mo Pacific pt... 38 Mom Want . 1% National Acme... 14 National Hisowit .. 107 Nat Cloak & Bait.. 30 Nat Roam & Btp.. 43% National Lend see TH + 10% THE EVENING WORLD, THURSDAY, JUNE 23, 1921. a3, 10, an 21% “e 1% a 70% 25%, a0 o% 2% 05% 10% 10% 55 30% 45% wih Net High. Low. Last, Oba'ze, Net High. Low, Lant, Oba're 3S 1 |New Orkans TAM 47% 4700 47 1 1a New York Airtrake, 06 « oo 28) — | New York Oentral,, 06 G% 05% — % 21% — 1%] New York Dock... 283i) 28% 28% % NYNM& H.. 19% 1% 10% + % 1% NY Ont & Wee, 10% 16% 10% te -— 1% | Norfolk & Wom... 90% 904% 9014 — 70% + %| Northern Pac 6 8 Wo 1 INR Rol Mad pt oe IN OR Te » —2 In Y&R, 1% 1% 26% = 1% [Ontario Sitn 4 4 4 AIM = 1 [OriGene Cirait. . 2% RE+ W 4 — 1%] Ot Hlevator , 6 1 117% tin Steal, w% OM 100 +, 4 | Oweos Bottling a 1° [Pac Der Corp 10% 10K = % 4% + [Mae Gano i BR — fo 9% — 1% fie Oi 32% MH Ete 40% — 1M [Pan-Amer Bet... 6 4% Bie — 1%] Pan dmer Vet B 4 —1 |fenn eR o..... 92% WK " n Sewtoant Stl. 1 ay Om - 1% \ Petexnire ,Poltiman € Vst & Sas |tcon Cop Ue Ry Int Oo, Cn cK Gan Marquette "hile Co Be Phillie Bee... lence Arto tere Arrow pf Were Ui Cou a & West Va Hrewed Steel Hista Aled Sugar Pure Oil pasting wane wading let id. "ty os we logle Steel Rey Inn & Royublic Mowe Royal Du St Jaw St & SL & 8 StL & So W of Cre Sugar, 2 Savage Arie ot Saxon Motor .... 3% SeanuRoovunk O% Seneca Copper 4 Shatwuek Arivona., 6% Shel T & T.. 40% Sinclair OH 2... 20% Siew Shel Stool So Vorto Iico Sue Senrtheen Pacific Soubieen ty Souther ity 6... Stand ON J ot Stewart-Warner, Steoatone Studdmber Submarine Boat Superior Oil Superior Sieel & Odom ‘Teaan Company Tema & Pacific Tex & Vac Coal.. ‘Third Avenuo . ‘Tolawco Mroducts ‘Pranscon Oi ‘Trans & Williams Union Bag Ya Pap fon Ol Union Meitie, Union Pacifle pt. United Alloy Unitet Drug United Deng tat pf. United Frit... ..++ United Food Prod. | Un Ry Inv pee Retail Stores. . U8 OL Pipe, S Ind Alcohol. 8 Ttealty & Imp VVaoCar Chemical... Utah Comer. anadium Steet, Virandon . ‘Wabash . Wabaats pt A. ' Mates So Wobant pt B 13 15% — 1% | Wee Maryland... 8% by KYW Marland at pt. 4% Gy +1 | West Pacific Corp.. “2% 11% — %| Westen Union TN 10% — % |Weetingnome so... 43 48 564 — Wheeling & LB. 7% 7% s — 1 White Motor + 30% 90% 11% — % White Ol .. OH 8% 13) | Wills Orertand 7 644 ie) Wille Overland pf 28 28% 4g! Woolworth + 100% 100% 109 ‘Worth Pump 41% 40K? Se — os *Ex dividend, 1 ‘Total eaten, 855,400, { ——>—_ \ NEWS BY NAVY RADIO SOON. House Passes Bill Admitting Prees | Deapatches Unhindered, WASHINGTON, June 23.—Transmis- sion of press despatches by navy radio without hindrance or interruption until June 3, 1922, would be authorized by a resolution passed yesterday by the House and sent to the Senate. | The measure provides that the same rates shal] prevail as are charged for | use of private wireless except on the | Pacific Coast, where the navy grants a| lower rate for service to and from Hawaii and Guam. The resolution also seeks to facilitate transmission of com- mercial messages by navy radio. It provides, however, that Government messages shall all times be given priority, LATONIA ENTRIES. NEW YORK, June 23.—The Latonia entrios for to-morrom's races aro as follewn: FLRGT RAQE—DPuree; $1,300: claiming: for three-year-olda; six furlongs.—*Twinkle Blue, 95: * Roll On, 95: “Creation, 95: "Golden Autumn, 95 100: Grace Minard. 100: *Zainer, 100; Sigoha one riven Sore. 18; Chk, Taser: 18: : Vortigite Lie) Alm sheile, ta *Venwell, 95: 7. A lace erat Short Away, 116) Bingh 400 8 RACE Pune, : maidens; for fos Yeo "Grace King. 108 i vente 1G: Grace King, 108: JERE TASS sheer tadhe Mac. 100; Dizi Girl, se ie ae too Ds Vea is Hpac, WP! PRMeE Mig ine tne: a eines, 105" Marione McKay. 100; Wiab: WARTLMLY RACH Pure: $1,500; allowanern tor Gaines | Canter, 113" Rob, 116: Liweiyn, 116; 4 WOUIECH HACE Purse $1,400; olaiming: for 4 4 — 1%) 10% 10%— \ % BS + he) * & — & 8 3% % 1% » mm — % % Ih & 0 10 — % oo 8% co as —- % a BY B4— % 6 48% — 1% 10 10% + % 1% 10% — 2% 3 1h wy Uo + % 2% 3 — % a 8 & 21% 21% + 1% 2y By-—1 “6 48 1% m6 3 1K 7 IM — & % m%— % mz m —2 10% 10% — % % 6 —1 4% ATM = % 141% 141% — 1% no on = % o% OM + K aK TK & MO% 14146 — 3% 10% UN + % WH We— % ae ON & 105 -110% + 1% 19% 19% — & 10% 10% — % 24 Rh 10% 10% — % 2 ™ 4 4% 16% 11h — % 6% —1 1™% IT%— &% 18% 1% — &% im Wm + 1 2% 30 “a a4 — 2% ne 1% » ” Suaren High. Law, Last INDUSTRIALS, 100 Acme Com. oss.+s 1% 0 Brit Amer Tob coup.... 12% 20 Chie & Fast Ml. 10% 25 Com ¥ F. “a Shares 1600 Marsh Min 1400 Motheriode new 1000 National Tin 100 Nipissing... 1000 Nex Come, High, Law Laat. 8 4m} te % 100 DL & Wit 25'4 | 1000 Tlorhester Mince. i 08 3300 Empire Food 16% 16% 164% | 1600 Kan Tor 2.0... a 100 Farrell Coal. 1% 11% | 200 Bo, Am. Pa G. aw % 2000 Glen Alden Coal 38% 99 | COOH, Silver ead .. ws ow of 00 Pertection Tite . % te | 120 Tonapah Melmont tte 410 Southern Coat & Iron, . % 8 | 1000 Tunopals Cash Bor , 5 5 8 400 Sweets Co 2% 2% 2% | 7900 Tone, Divide Me ot 4 200 U 8 Distributing... a 23 | 1200 Tonopah BAL. Iv 1% IN] 800 U 8 Steam A % | 1000 Tonopah atidway nom on | | 30017 8 Ship Corm...... 4 * ah Min, tl 400 United Profit. Shari 1% 1% Minin, o @ 6 | 800 United Met Candy...... 6M ©! 1200 Tonopah Stor > 6 | STANDARD OILS, | G00 Tonopais Rese 19 oan | KO Anglo-Am On 15% (15% 15% | IMO Valted Kastern ot a 10 Ohio Oil 10 210 thy | 1200 Viewory cee ‘ 800 8 O11 of Ind cy 62% «62% |] 200 West Kad ©. ‘ 208 Ol NY 303-302-303 | :LKU0 White Cape... “ 6 INDEVENDEAY OLA 1000 Wilbert vse. a 100 Ati Olle ccccecseceee 4 S09 SURO GS ad 100 Balt Pet ou FOREIGN BONDS. 1000 Boone onl % 00 Swiss 84 We BN BN 1500 Toston Wroming 4 ee a es 1800 Carib 8ynd ss OMe vila 600 Citlen Service "B" otfs, 1% 80000 Allied Packer a 40% 40% H 1225 (ttle Service pf... 4 1000 AL Pack Us etfs of dop. 40% 40% | 200 Denny. OM * 4000 Am Tel Gx 22, 7% 07% BTN] €00 Hk Meain Pet. oy 2000 Am Tel Gx 34 95% 05M UN 600 Engineers ets % 5000 Ansconda Copper Gs... 8 83% 85 21,0 Giltand Ot 4 11000 Anaconda T# 29. ot 01% UN fudson Ol. % 10000 Armour & Co 7) mer arLy 100 Int Petrol 12% 1000 Can Nat ly Ba 100 100100 1000 Mt 20% 25000 Chi Un St 6%) + 10M LOL LL 600 MM : 8 4000 Chi & Hast 11 Gs,..... 50% 89M O04 350 Midwest Met 125 4000 Cons Gas 8s. + 100% 100% 100% 300 Mouitain Prod 7000 Cons Texttlo ts 100% 100% 100% 3:0 Novo Oi 2000 Copper Hey 89 25..... 99% V5 UK 100 No Am Oli 7000 Copper Hay 84 21.0... GON 9% UR 400 Producer & Rifiners D160 Deer & Co. 0 500 Salt Creek Prod 1000 Gatena 8 0 9% 93% 1500 Simms Pet, 10000 Goodrich Tito ay se | 200 Skelly Oi 2000 Grand Trunk 6% ye 934 | 1100 Thxon 0 & 15000 Gulf Ou 9% 95H! 100 United Tex Of, 1000 Heine Co 1s 98 08 100 United Royalty ‘ (000 Humble Oil 7s. as) MINING. 110000 Antor KT Ts 77% 78% ieee Alay On ey] MOO Inte RT Zs B mot 1000 Atiania »o4a 4 as lata 100 Big Ledge % Cone 6 0 M4 gotten as item 4 4000 Sears Roebuck 7s 22 7 aes edad u 3000 Sears Ioebuck 95% 544 Teetueas Give es 10000 Sourbern ty 7s. 25% 95% 05% | 3 42000 Southwost Mell 90% 00% Hy on: Copaben Croll) ME 1M 19008 ON ¥ 7 101% 101% 101% 100 Dundto Aris s % : 4 Ge pele an ee 1000 8 ON + 101M 101% 101 "6 3 2000 8 © N + 101% 101% Le 8000 Farka Holly. 1% ts 1000 8 0 N “101% i014 tol 00 God Cons ror 1000 8 0 N Slane” aoa” aa 1900 Gold Kewana ... ,oo1 1000 8 ON + WIK 103% 105% 1500 Gold Sliver Pick a) 14000 8 ON WM 98% 9814 5200 Gold Zone ato 2000 Sun OM % 9 90 700 Mecla Mintog 4% 2000 ig: & 95% 95% USN 200 Iron Blossom. % 2000 Tesas i roymar estar ts 3300 Knox Divide uo418 10000 Union Drug & i400 100” 100 j 1200 MeName: pete 3% 15 1000 Vacuum Oi 99% KH GU 1000 MoNamara Crescent eos 11000 Western Elo ts 98% 98% 08% AND ARMY EVADERS fesse seecly Senator McCumber, Advocat- ing His Soldier Bill, De- | nounces ‘“‘Pirates,” WASHINGTON, time June 23.—War- “profiteering pirates” were flayed in the Senate to-day by Sena- tor McCumber, Republican, North | Dakota, in an address advocating | his bill for giving adjusted compen- sation to former service men, “Even though out action calls for an outlay we would gladly escape,” said Senator McCumber, “and will enforce greater economy along other lines, let us not delay the fulfilment of this, to my mind, sacred financial obligation, and then let a future Con- gress see to it that in any future war there shall be no distinction between the pate saty of she eckdier and that of the civilian, and that indus- trial slacking and profiteering will be visited with as heavy a penalty as draft evasion or desertion.” Senator McCumber said the war- | time Administration “started out with the determination to satisfy the de- mands of both organized capital and organized labor and leave the public to foot the bill, which it has done and will continue to do in exorbitant taxes and extortionate prices for many, many years to come. “Thies administrative policy,” he added, “might be more aptly described as playing both ends against the middle, the two ends being capital and labor and the middle being the paying public.” The Government could have pro- tected itself from the “profiteering pirates,” Senator MoCumber asserted, by establishing and maintaining peacetime prices for commodities and labor, Senator McCumber explained the five-fold plan of the bill, as indorsed by the American Legion, and said jabout the money outlay: “Great as it seems to be when crystallized into doilars and cents, we are compelled to admit that it is much less than is actually due the soklier selected for military duty as compared with that which was re- ceived by his countrymen who per- formed civil duties only." 2 WAR HERO DECORATED. Georgce Matthews a Gets Dis- tinguished Service Cron, George Matthews jr., of No. 383 Hast 26th Street, formerly a second lieutenant Chto yoatoale ANd gal mide aml 4,83" in Company B, 105th Machine Gun Rat- eon, Tio. Mieslarine’ out, ‘110! | talion, 27th Division, was decorated with Chet roan, the Distinguished Service Cross at Gov- AU traume £2,200; the John , ih tanto ee vee oie “rman ermor's Island to-day by Major Gen. be Mile. “Thaaies 100; Au aH : ; Barsmtura, 1100 domes 12) Pat weld, 14) SHA, conan isp of the Becond Waki RAGE hire g1.000"" clasiing: for| ‘The orler cites Tteut. Matthews “for emovearaid) Nil,” fire Keron “FAtea" Gal, extraordinary herolam ‘in. action near Me, Bae oat neigh Wein SF, Si | Arte nuivinye been wounded ‘in the head 4 "RAC 400; .| tnd while suffering great pain he cooly ton aeroasclte Ted tetra oe animes | and biiclentiy” mad’ dispdaition of his \ateenth.—"Whipnet 91: IMnecrest, 91: guns, the placing of is men an 1 Pom wenn ties a SSS Evreuation of the wounded. Later, at A Taft sean, Piel, 0m; lemon itt te | SHERI NNO ge elcal attention n= ; Be + Tr Re) fusely, he refused surgical attention un- bag RNY Hinatog Second fe pain | til other wounded yuen of Bis platoon 4 fam, en 2 | dissolved country and was organized to do a FOREIGN TRADE BANK DISSOLVES Was Organized Three Years Ago to Do a General Business in Foreign Exchange. The Foreign Trade Banking Cor- poration, organized early in 1918 by Max May and George A. Gaston, was to-day at a meeting of stockholders, The corporation had « capital and surplus of $2,200,000. It was the pioneer discount bank of this seneral business in foreign exchange and to finance domestic and fore shipments, deal in bank and cceptances and issue letters of credit, At the offices of the bank it was declared that the institution has no outstanding debts and that tion was voluntary, Directors of the bank were George A. Gaston of Gaston, Williams & Wigmore, Harry T. Hall, Wade Rob- 1Esee, Benjamin S. Guinness and Max May. ign trade commercial Nquida- > SAYS PROFITEERS KEEP BACK BILLION Congressman Also Wants Names Published of All Who Made Over 25 Per Cent. WASHINGTON, June 2%3.—"Pitiless publicity” for war profiteers as well as war slackers is provided in a reso- lution Introduced in the House to- day by Representative Beck, Wiscon- sin, His measure calls on the Secre- tary of the Treasury to make public the names of all individuals or cor- porations who made a profit of more than 25 per cent, during the war. Beck charges that profitecrs are holding back more than a billion-from the Federal Government in taxes. eee Meyer Committee’ Plane, Senator Schuyler M. Meyer, Chairman of the Legislative Committee investigat- ing city affairs, announces that public hearings will bexin next week. The committee expects to sit three days a week all summer. which with interest amounted to $15,000. A trust fund of $10,000,000 was left to ; Alice A, De Lamar, an only child. She waived her rights under the Decedents' Estate Law, which pro- hibits a testator from giving more than half of his estate to charity Consequently Harvard University, ESTATE NOT LIABLE FOR “TIP” LOSSES] pssceucees Superintendent Claimed $15,000 on Alleged “Guaranteed” Informa- tion Given by Capt. De Lamar. The claim of Willlam Churchill, Superintendent of the Glen Cove es- tate of Capt. Joseph R. De Lamar, financier and yachtsman, who died several years ago, amounting to $15,000, was disallowed to-day Charles F, Brown, referee, in a port filed in the Surrogate's Cour Varic speculators claimed to have lost on “tips” furnished by the finan- | cier which were “guaranteed.” The | largest claim was that of Churchill, | who alleged he lost $11,000 in stocks, res | Columbia University, Johns Hopkins University, the New York Association for Improving the Condition of the Poor and the Netherlands Mattray will receive the residue of the estate. The report shows the executors hold $14,553; —— a MAY PARDON JACK JOHNSON. Attorney General Says Been a Model WASHINGTON, June 23.— Attorney General Daugherty indicated to-day that he might consider a pardon for Jack Johnson, former heavyweight champion, serving a year's sentence at Leavenworth, ‘Kan., for violation of the Mann Act, before the day set for the Dempsey-Carpentier fight. Mr. Daugherty said Johnson had been model prisoner, and a “liberty bonus" for him in the way of a shortened term had been suggested as his term expires July 7. ‘Phe Attorney General declared he would not consider pardoning Johnson to enable him to attend the champic ship fight, but that, of course, if uny clamency was extended, Johnson's time would be his own. Pugilist ‘risoner. BANKING AND FINANCIAL, Foreign baggage 213th Street, was seriously stabbed epriy tefry= to-day ou house at West boat witnessed the stabbing w fe lowed gn armument between ths Sod The the trounle arose because My Maher's and Buvare Maner, a negro. lee say by|s Exchange European exchanges have de clined precipitately, following the German billion mark reparation payment. In the ebb and flow of exchange rare opportunities for profit exist. A succinct survey of these almost inevitable future movements will be forwarded gratis. Ask for J. L.L.Winkelman & Co. ||, 62 Broad Street, New York |] | Telephone Broad 6470 Branch Oficss im Leading Ctttes Direct Mires te arbour Macher % Per Annum | | om all sums of $5 and upward to payable Utied thereto ‘he by tae duly 1, 1 at the rate of Deposits made on or before July ‘Graw interest trom July ty 121. | WILLIAM 3, ROOME, President. | © Y Secret 146th SEMI-ANNUAL DIVIDEND Union Square Savings Bank No. 20 UNION SQUARE A DIVIDEND has been declared for the x months ending June 30, 1921, on a Ceposits entitled trereto atthe rate of FOUR PER CENT. per annum on sums from $5 to $5,000, payable on and after July 18th. Deposits fvade on or before Juiy 13th will draw in- terest from July Int TAM H. ROCKWOOD, FREDERICK C. MIDE H. ROOKWOOD BRIN HUGH BR. GARDNER, Open 10 to 3; Mou. 10 to 7; Sat, 10 to 12, AUCOUNTS OF SOOIHTIES ACCEPTED. NEW YORK SAVINGS BANK N. W. Corner 14th Street and Sth Avenue Dividend July 1st, 1921, at the rate of FOURPER CENT. per annum on all sums from 85 to $5,000 entitled thereto under the By-laws, DEPOSITS MADE ON OR BEFORE JI 1TH WILL DKAW INTEREST F) JULY 1ST. WIL AM FRLSINGER, President, WALTER R. BRINOKERH( ec'y. CLARENCE L, BLAKELOCK, Treasurer, Open Mondays from 10 A.M. to 7 P. ‘Other days from 10 A. M. to 8.P. M. M. SAVINGS BANKS. Saturdays from 10 A. M. to 12 M. Holidays excepted. DEPOSITS MADE ON OR ABOUT JUL FROM JULY IST, 1921, Since 1850 Emigrant Industrial Savings Bank 51 Chambers St., New York Semi-Annual Dividend July 1, 1921 Four Per Cent. Per Annum Y 13TH, 1921, WILL DRAW INTEREST || ACCOUNTS OPENED FROM $1 TO $5000. Over $960,000,000 have been deposited in this bank. Over $125,000,000 have been paid as interest. Over $881,000,000 have been paid to depositors. The comfort and time of our depositors are con- sidered first in every transaction. ! ; You can obtaitt a ea CONTESS. rd HELP _WANTED—FEMaLE. BINDER Y—Experienced, all R. L, Stillson Co,, 461 8th av., LOST—Monday, Washi icoturn Bath st. 50 SEE MAN STABBED. From Boat Witness Assanit at Ferry Exit. Thomas McCooney, thirty years old, a aster, living at No, 433 West ide the D. 1. 3d Street. persons from & W. ‘More than fifty was gitting sella n in hii BA NKING AND FINANCIAL, Readjustment we ALLIED PACKERS.” INCORPORATED ~~ ss a The time for deposit undgr | the Plan and Agrcement of Radi justment, dated April 30,1921y0 Debentures and Stock of ANNed® Packers, Incorporated, w ft CENTRAL UNION ‘TRUST. COMPANY, Depositary, 80 Broadway, New York City,of with the Sub-Depositaries, viz: FIRST. NATIONAL BANK | OF PH'LADELPHIA at ‘$15 | Chestnut Street, Philadel; | FORT DEARBORN TR Y AND. SAVINGS BANK atatés | West MonroeStreet, Chicago, FIRST. NATIONAL A OF BOSTON at 70 Federal, Street, Boston, has been extend: ed until the close of business 6H" | JUNE 29, 1921. There have been actually de- posited under said Plan and’ Agreement over 30% of Deben-» tures, over 55% of Preferred Stock, and over 45% of Comman Stock, and as a result of conti ences with security holders addj- tional deposits in considerable amounts are expected in the future. Dated New York, June 20, 1921 H CLIFTON H. DWIN: JAMES ©. FENHA JOHN FLETCHER HERBERT |. POSTER WILLIAM A, LAW EDWIN ©. LEWIS Cc. B. SIGL 8 Broadway, —Reports and latest market news and quo- tations on New York Curb Market stocks, without obligation in our Board Room, over the telephone or by mail. 4c "INVESTOR AND TRADER.* our 12-page weekly, which con tains articles on active stack? and a concise rev of owe market trend. Ask for EW-#52. —"INVESTORS AND TRADERS GUIDE,” Gt-page book tell the general rules of trading, de posit’ requirements, commi charges, ete. Ask for EW-453. Tell _us the stock in which you are interested. — BROAD STREET 34, "ROAP 84, Tel. Broad 7150 MADISON SQ. fei, ad. Sq. 0977 42nd STREET IS 2S, Direct Private Wires New York Chicago Boston Philadelphia Pittsburgh Detreit Baltimore Cleveland Jones & BAKER Members New York Curb Market’ DIED. —on Tuesday, dence, i 3. 116th st, LOWARRP’ OCONTESSA, M. v., 88, beloved husband of Mrs, Angelina Ruffato Contesga anit son of Chev. Vito Contessa He was a member of the Churcif of Holy Rosary, whore a solemn mas# of requiem will be celebrated for him at 10 o'clock Friday morning. > at his res 7) FUNERAL DIRECTORS! ~* iP AT DEATH'S CALL Phone Circle 1500 Whether at your home oF a! orial, our excepdens| your disposal. FIFTH AVENUE MEMORIAL ° New York's Institution’ Por Burial and Cremafton (Non-Sectarian) 40 West 57th St. *' arr Wherever You May ‘There is our Representative Call “Columbus 8200” FRANK F.C. “THE FUNERAL CHURCH” Ine. “970 Broadway at 66th St.” roadway at 66th St, Dewatews Office, ase & Bh Av. around g why also learners, 11th floor, HELP WANTED—MALE. y rienced, wanted immediat Hillside “Tire ge ut ‘Pcomner (rchart at Jan Mt at end’ of Taxington ane thas ee LOST, FOUND AND REWARDS. ion Market bu ter stand, Fulton st.~ Re