The evening world. Newspaper, July 27, 1921, Page 20

4’ i t t 4 Chief features of tradi oe a 4 2 200 FEATURES OF THE TRADING, "YNOH AG YNOH 10 TO I. The stock market " fused to be stimulated by several fw ns portance, w ud trued oth » ng dragged in ting fashion and v issues where special At work were price nt. It was one of ck markets of the last everal yea Pransac n the first hour of busine y the | most active of tt sion, | Most inte naturally centred in the action of the steel shares be cause of the unexpectedly ood ty of earning ued by the United States Steel Corpora tion after the close of business yes. terday. It appeared to be. the con- sensus of opinion that net earning would not exceed $15,000,000. Net actually Pproached — $22,000,000. Yet steel shares this morning moved within an exceedingly nar row range, with fractional net gains predominating. Neither did the highly of President the railroad situation, constructive meassaire Harding on sent to Qo” gress jate yesterday, induce further outside buying. Rails a moved within a narrow range, with gains and losses being about evenly di vided The renewal rate for cal) money was lowered from 51-2 to 5 per cent, but money has worked into such an easy position that current change in borrowing rates e hardly a matter of speculative comment were a drop in United Drug of more than 5 points, Although this followed 10-point break of yesterday, the rest of the market refused to be @isturbed ther decided weak spots were Pull- maa and Central Leather, In the] case of the former the st wat niade that beca the equip- ment. companies were not men tioned in the President's message of yesterday on the railroad situ- ation they may not share in the refief which the President request- WALL SHEET | ed Congress to give to the carriers, bs 7 But..the Pullman Company was|é + under Government control and op- |‘ i oe. eration during the Mke the carriers, war period and, should and prob ably will share in Government re- Hef, Weakness of Central Leather sy! Wag due to liquidation induced by the unfavorable quarterly report je + % issued yesterday. Oils and motors A) were firm, but in nearly every in. {fl 1a & Wagons 18) % stance gains were limited fo frac- : wy tions. dicot en ‘ + 1% Il TO 12, tat a rete The market continued to be without | ,AM"e Lies Me 14 definite trend in the second hour 13 + 4 It was announced that the price of exes * PARHPRIAMEE nda bah ateaneed aida 18 mon Wil & Wie 1% + to 6 cenis a pound and further] Gan pectr 1% 1b TW large purchases of Cuban raw sugar | Gen Mo 10% 10% — were made by various refiners at a rei 3 cents. But sugar shares continue to be indifferent to the apparent % improvement in the sugar market 4 American Sugar Refining was fra Ms tionally lower and Cuban Cans % shares were off about a point Fa Leather shares continued to b +14 weak, with Central Leatber show- Ai tng a loss of more than two pointa. ‘The ‘preferred sold down to a new low for the year. Drug continued to be heavy and extended its loss | + % to seven points. Foreimn exchange | rates with the exception of lit were firm, | Inter Mer Mastnc 1270 1. Tower Mer Mar 4 Paha LY lotr Nu ale oid Shortly after the tarn of the noon) hs hour the priec of United DD: stock | “3 ‘ * virtually collapsed. Showing a drop | Sms City se % at times of two points between [Ke Soringtieh . sales, it fell to 54, a loss of twenty | KeKivy Wheel q poir compar r the closing | Kennesott Comper iy price of yesterday break was|Kertane Tire ‘ companied by repo that one of | la ry 0 t interests in the company |ilackwwanna Steel 1 ul difficult Lae Rutter & Tire al list refused to pay) tegh Va ae in United Drug | Loew's In rest Jott, tue usness and endeavored toltoum. & Naw their commitments. ‘They | Man’ Elevatal Ie soon found that they could do so only at rising prices, United States Steel moved up for a net gain of more than 4 point, Independent Steel «6! were firm, and gains * ranging m fractions to more * than a point became general . TTO °. . x The market w able ‘ nd its af gains during the four wou The be rise Was tly timulated by a 7 drop in the official cal! money rate ” to 41-2 per cent, ‘This ix the lowe est official call money rate since 7 the datter part of 1919. In the out- a a side market tunds were ofter 8 $1 hs s cer Rs 18H + ir shares eontinued wey 7% to be comparatively vy, and in = the equipment list Pressed Steel Car was forced down tor a loss of exceptions to the recessonal about five points b steel vb It became known that in motors, textile and practically all tant sales of copper metal had oth groups continued to maintain been made as tow as 121-8 cents 4 @ firm tone pound, new low for the current downw movement, but copper trong, In | or more were | ae The market became a two-sided af R otor and tire stocks were ir. fain the Jast hour. A further ular and steel shares, while hold break in Pressed Steel Car, which ng above the final figures of yes- extended its loss to more than & terday recorded substantial frac. points, and a 6 point drop in Kail tional recessions compared with th @ay Stee) Springs had an unset-| high ma touched in the fourth ting tendency. It was expected| hour of business wing the an thas directors of the former com- | ncement that three trustees had Papy would decide to radically re- appointed to take ert Guce the dividend Ate afte the of uis K. Li th, @bore of the stock market to-day United Drug Company, tha’ Coppers and tractions were conspicu-| stock rallied to above 67. ‘ ‘ —~ - ome SEE gery 4 eu | too Skelly O11... ‘ | ter | e200 town 0 & 1, “8 + % | To0 Tex0n 0 & ris i Wile Overland oy MINING. wien © Go 2400 Alas tte Cot mos Wort) Pm ON | 1800 Wie Tada ‘Total salen, {5000 Host & Mont | COMPLETE CURB QUOTATIONS | scan bx 14g | Nortmemn Tecate Aeme Cin 1% 1} dio os | Ayr Rab [OMT AR Amal Wa 10% 100 Cprnstor Alawia 4“) Gust Aun Bue a 400 Corter | Alaska Juncus | Cwene Rotttrae Carliste Tire 4 Yt] 0200 Divite toe Alis-Chalmen 1 acitic OM .« +1 100 Columbia Hmerald b {95000 Kureka Groowe \Irend sei mi Aan Petrol Tb 4 maa We ee u Am Can * pil bret a . Joo Diet Prod 3 13000 Uae bw Z ae! ere Aero a ‘ i wit, ae Am S. Razer “e 1 Punta Alege Sieur 100 Me . i sl h Am smalt & WP ital Steel Snes a" New . . 2 Am smelid 1 Reading . ' “gual Am Ste 8) Remington Type "0 4 yt Kep Ina & Steel . ot * « Mees poset © San Pre 0 ' ta apt le Sonw ' 1 » POT Sone Rtoetn rh rw (2 [Seneca Copper oo. . 1 Mints Aw “Vsineluir on nt 4 Silver Dal M 0° Lsentharn IPacitie Am Ph & G Souter: Hail pf. BO Gal e r Divied 10 i " \ 1 cle Balt & filo of h bd . ray 11% at " ao : is ee wf ‘a ) is " a0 ay "Tin, Retail Stores. * be Us bs aS Yeo 8 Ind Alcohol u Ite 1%] ' if bid ' & Imp 4 2Y 4“ Th es , Wem t " ss | Galena 8 0 A LJ 1 1 | ” 08 1% ‘ and Trunk 6% oo ‘ 1 4 "t 100 Marland Refin 1 ey “ Galt Ou Liat aly Ute q ‘ 100 Mexico Ly bid !Heing Co 7 AY \ 1500 Noble 0. Is ts | | 200 Hrodueers & Retiners ‘ August Furniture Sale We Invite Comparison of These Matchless Values Come Now, While the Choosing Is at Its Best! VEN when regular prices obtain, our values are better than you can get elsewhere. But on such an occasion as this great August Sale, when prices are ruthlessly slashed, the results are electrifying. Hundreds of home lovers have come just to “look around,” but when they inspected the many offering, saw the values and compared the prices—they BOUGHT. You, too, will buy when you come and see others sharing in the opportunity which these matchless values afford! With These Low Prices—You EXTRA SPECIAL Can’t Afford to Stay Away! Dining Room Suites Reg. Sale Price Price iece Suite, Qld Oak $390 $270 10 piece Suite, Walnut, Queen Anne 800 $85 uite, Walnut or Mahogany, Sheraton Motif 950 875 Bed Room Suites 4 piece Suite, Walnut, Louis XVI Motif 650 360 4 piece Suite, Mhgy., Queen Anne Motif 800 465 7 piece Suite, Mhgy., Louis XVI Motif..1400 850 TEA WAGON Living Room Suites A Fi 3 piece--in durable tapestry 800 «= 885 } in Beautiful Mahogan Ape ot alea ne ae Gans 700 436 P 3 pi beautiful u it 900 4 Drop Leaf, as_ illus- DERRETAD DEALER REETY . Davenport Tables, Upholstered Chairs, Tea trated. Reg. Price $40 Magons, Mirrors, Lamps, Pedestals, Gate Leg Tables, etc., have all been proportionately reduced. SALE 2 50 Furniture purchased now may be held for future PRICE — Galva: We ceeray alieine shacees withing radius of 500 miles. Free Delivery, by motor truck, in the Metropolitan District. The WRIGHT-FOX CO., Inc. 9-1] East 37th Street. near Fifth Avenue New York City 'Dhe first iable fiicures Wall St |nua received on the extent of the jeurtatiment in copper production ast. |Which most producers mutually i z ral months ted Clark, ¢ fel It 0 hat in January the output wa [Of domestic companies totalled s4. 4 [ceeding months in pounds 4 | follows: Februar ( se |87,000,000; April, 45,000, ea | first half 60,000 | 200,000,000 pounds. | ‘Phe most | ton with + | putin the year rman and ap OF; S, 98.44 EXCHANGE OPENING cables 8.07 JFrench tranes, cab 0000 1-2, Lire, cables | 0016 1- Belgian franc demand, off 0001, Swiss francs cables, 1644, up .000 %| mand, 3088: cables, f + | Posetas, demand, 4 w}unchanged, Swedist nen, « mand, c | | _ BANKING AND FINANCIAL. PRIEST, IRISH TREASURER, | SUES FOUR FOR SLANDER. | Asks 8105,000 for Statem Speech and Pamp Father Frar West 198th 8 er sult BL BANKING AND FINANCIAL. 1 him. nidants are ‘Thom President | mp rar AGK TOM SUSPECT HELD FOR EXAMINATION Arraig wr Being an 4 strian Sy bh Regiment Movers to Vp ent we, | Hawanan labor SENATE. debate wort ¢ ration B rp Cow N continu ndments to nite COMMISSIONER TIGERT Says Only Hatt f Nation's Chi Are in School NEW BE WICK, No J Dr. Jonn J rt. United state lid United ste ea rows ah 14 It is the cid, UN Only half eitend ‘Only vat every. for vrayy A read: nor w -_ _ Another RDS OUR CLIENTS’ | WHAT IS DOING |} TO-DAY ‘IN CONGRESS ents In| ita 1 HOUSE. treasume| Chairman Lasker of the @hip- for the! ping Hoard explains need of an Mis,| additional appropriation of $125, Supreme | 00,000 bet Appropriations $105.000! committee thot ole Ways and Means committe ie Mae) Continues hearings on tax re- Hart ‘fo. | Vision f Jrimigration om mutter 4 con on July SCORES U. S. ILLITERACY. ren idress amount of the bond issue. GUARANTEED First Mortgage Real Estate Gold Bonds— secured by First Mortgage upon Improved Real Estate valued at approximately twice the ? Prompt Payment of Principal and Interest GUARANTEED by a corporation whose net assets are fifteen times the amount of this issue and whose income is over twenty times the interest charges. The wide margin of actual and tangible Real Estate Security suprlemenged by the guarantee of one of the largest corporations in its line af business in the United Sree crete with the unusually attractive interest rate and 425 of the Normal Income Tax Paid, combine te make tha, one of the strongest investment issues we have ever been able to offer the investing public i Titles have been Guaranteed and Insured by Lawyers Title & Trust Company of New York Cit and each bond will bear its certificate that the trust deed securing it isa first morteave. All} for sale by us are secured by trust deeds to corporate Trustees and tot individual Trcetes secured by trust deed to Columbia Trust Company of New York City AMERICAN fea BOND & MORTGAGE babe alae B to safely invest COMPANY, ix re ere 562 Fifth Avenue, New York City Telephone Bryant 9600 8 PER CENT Chicago, HE Columbus, Ohio Davenport, lowa Grand Rapids, Mich. Rockford Mi Name. eit Rhone asia Business Address. — a claeieasibamad aes Fill out and mail for 2-27 which will show how to invest your funds at 8% with safety — fy — Have you obtained the: latest news? Do you want to, know about any change affect- ing your stocks? To get latest news, you don't ave to leave your desk Telephone us and we will post you on the New York Curb Market stocks that in- terest you We wilf also send you our 12-page weekly, “Investor & Trader.” containing Spe cial articles on Business and Market conditions and specific stocks with Call, phone or write W-470. : nO BROADSTREET $8, BROAD sc 225 FIFTH AVE MADISON SQ te. Mad a 1907 on price range Ask for nd STREET fei. Mur tulad Direct Private Wires New York Pittaburgh Detroit Chicago Boston Philadelphia Baltimore Cleveland JONES & BAKER Members New York Curb Market - | RAYNOR 1 Low Priced | NICHOLAS Rails | nee | TRUESDELL The evident turn for the better | Members Consolidated Stock ® the railroad situation again Exchange of New Yori brings before investors future } Tituaytites ee a possibilities of the stocks which i Wilkos imnies Pa. may become part of great tr_ ns: | Rochester, NOY. continental systems —-consolida ] “ee tions which far-sighted railway United States Steel men know must come eventually. Southern Racifc Balto. & Ohio St. L. & San Fran wd in Rock Island StL. & S. W. |] ‘ ; Chi, &Gt. West'n Mo. Pacific Delaware, Lack. & Western Kan. City So. Pere Marquette Lo s na in Pittsburgh & West Va. Prov A complete analytical report on Current Happenings~-Pending the above Eaduciiee trees | Events of Important Stocks shows how investments in these x (from portant issues should prove most profti pre , able | Market Comment Write for LR-19—No obtgarion 1A ahte cnceen ana J 0 UGARMAN & C0 The Wall Street Digest ome U The Above and other up-to-the 19 Beaver St., N. Y. Phone: Broad 7760 | Ash for bo W UPTOWN MKANCHES NEW YORK 1991) Browtwny | Tom Phone Col, 8844 Ast ire PRANK ¥. CAMPBELL “THE FUNERAL CHURCH" I on Sectarian) 1870 Broadway at 66th Sx. ONE CoLenins 8200 Downtown Oifice, 22d St. & Bib Ay. . At Your Sarvice, Day or Hight’ Advertisements. HCUSANDS of positions | | are daily offered through | The World’s “Help Wanted” | — a ————