The evening world. Newspaper, September 23, 1921, Page 28

| | Bi +} Bi } \ ' '10 TO il. @Wransactions in the stock market| this morning were somewhat larger than on most previous days of this week, and while changes in quota- | tions again were due chiefly to op- erations of professionals, the tone was decidely firm. | @he chief financial development of} the day was the disclosure of fur- | ther remarkable improvement in) the condition of the New York Fed- | cral Reserve Bank. It appears that | curing the last week the reserve ratio increased from 7.7 per cent. | to $4.1 per cent. That rediscount rates were reduced from 5 1-2 to 5 rer cent, {s not surprising when 1ais statement ts analyzed, | B.t stock market traders no longer | pay much heed to money and credit conditions, In making new com- mitments in the market the techy cal position Is the main considera. | sion. Most good judges of market conditions profess to believe that the technical position, viewed in a road way, is stronger than it has been in many months. This conclu. sion is arrived at wot so much be- +ause the shori iaterest at present) . of extraordinary proportions but it is apparent that during nt) weeks there hee burn extensive ac- cumulation of stocks going on and that the floating supply has been substantially reduced. If judgment vf some of the leading brokers can he relied on, most of these stocks have been put away in strong boxes end will not appexr until the mar- ket is established at a materially higher level Whe opening was distinctly firm, with Raldwin, Mexican Petroleum and other speculative leaders in which thers is a large short interest re- cording overnight gains ranging | from good sized fractions to more! than a point. Rails were fraction- ally higher and again scemed to enjoy the largest measure of popu- | lar favor. Steels went up with the rest of the list. Oils fluctuated with a comparatively narrow range and rec Features of the Trading, Hour by Hour | 3d, 93.36, up .02: The tions of previous high marks. tone ut the close was strong. ‘he coton market was comparatively dull and irregular, Wheat closed with « net gain of more than two cents a bushel. Demand sterling closed at $8.74, up one-quarter of a cent on the day —>— Wall St. Gossip LIBERTY BONDS. Liberty 81-28 opened at 88.80, uD Ist 41-45, 89.50; 2d, 89.58, up .1 4th, 89.70, up .0 Adama Expree Ajax Rubber | Alanko Gold VT Alenka Jonna Nin Chaliones [Am Age Chom Hauk N Bows Magneto Cart Fy Drug 8) ud Hide fe on loo. 5 deo pt eee Internat wal Linseed Ul .. Looommnive 55. Allied Ciean Balety Rawr Sm & Ret. Sm & Ref pf Steel Fary .... Sugar Sumer pt... Bum Tobdscco, Te & Tel... Tobacco Tobacco cw B.. La Frence am Woot vs am Zinc .. Amete Kealizalion Asa Dry Gone Victory 88-48, 99.18, off 04) 43-40)| icon My 99.18, off . Stamos Ky ples FOREIGN EXCHANGE CLOS Su warn A. ; 4 Ath Goat Line, Sterling demand, 3.74; — cables, |i) a UA 2.74 1-2, up 1-4, Freach, francs, de-) yu Gud & Wl pt mand, .0716; cables, .0717, up 0004. | suauue Fru... | Lire, demand, .0416; cables, 0417, un- | osusus Lacuuoive changed. Belgian francs demand, | (44awre & Cio, cables, 0711, cff 0001, Marks, |" * 0 demand and cables, 0002 894, off jas suid. « (WOOL. 2. Greek, drachma, demand, “ospoat) ebicent 0500; cables, .001 0005, Swiss, | dunt as trancs, demand, 1723; cables, .1725, dra cus unchanged, Guilders demand, .3188 » Luton Ge cables, .8190, up 0020, Pesetas, de-| sven suse. mand, .1303; cables, .1305, up 0002. | bums sive Sweden, kronen demand, .2190; cables, | outte Cop & Zine 95, up 0010. Norway, kronen, de-]ouue « super mand, .1260; cables, 1265, up .0005. | uss Cena v Denmark, Kronen, demand, VITO) | ake date cables, .171 2, up TRAFFIC JAMMED AS CROWDS WATCH JOBLESS MEN EAT —_ Merchant Distributes wiches—Ledoux to Leave Sunday for Buffalo, were without definite trend. Motor and ruler shares were firm. Money| Bryant Park, at 424 Strect and Fenewed at'd yer cent. Sixth Avenue, was the scene of a |general food distribution to-day ‘11 TO 12. ‘The market had a decidedly two-sided appearance In the second hour, but the bulk of price changes were up- ward. After rising points compared with the close of yesterday Baldwin lost nearly all of its gain. Hear pressure was ex- erted against Studebaker, but other motor shares, and more particularly Republic Motors, were firm. Cop- pers were all but entirely neglect- ad. Rails continued to hold their early fractional gains Bonds resumed their upward move- ment and advances in many of the jeading railroad and corporation js- sues extended to good-sized frac- tions. Foreign exchange rates wero @teady. nearly two \iz To7. Wear the end of the noon hour the en- tire list developed a decided forward movement and many lative leaders were carried up from of the specu- 1 to more than 2 points, Trading broadened out to such an extent that numerous issues, ordinarily fairly active, but which were neg- lected in transactions throughout the morning, participated in the rise. United States Steel touched 80, which fs within a quarter of a point of the high of the recent vigorous forward movement in that issue. Pressure against the ors was r lieved, and that group was able to participate in the rise. Republic Motors scored a 2 point net gain. Many of the leading rails were able to extend thelr net gains to well be- yond a point. mi \ DI0z, RVith the exception of the ofl group, which again displayed » backward tendency %he market inaintained a mn tone in the fourth hour, al- though many of the jeading specu- lative favorites receded fractionally from the high points of the day. Mails were the real features, South- ern Pacific climbed above 80, and the number of railroad issues showing gains of a point or more was increased. One reason why rails are enjoying a larger measure @f public favor is that equipment certificates held by the Govern- ment? are finding @ ready market There was a new sale of more than $23,000,000 of these certificates to- » Gay. 270 3 Mrading flattened out during the last hour, but the decrease in activity ‘was due more to {'e lifting of bear gales than to a rygction in the vol- me of buying‘ the market was + able 0 get up to within small trac- | West 424 S when Morris M. Littman of No. 47 treet, a clothing merchant, Appeared with 500 assorted wiches. . Anticipating his visit, hundreds of men were lined up on the aouth side- walk of 424 Street half an hour before noon. Many shoppers stopped to watch, causing great congestion dur- ing the noon hour, Tho sandwiches, each wrapped in a paper napkin, were given out from boxes and as each donor received his he parsed into the park to ent, Urbain J, Ledoux will leave for Buf- falo next Sunday night, where he will continue his efforts to relieve the needs of the unemployed. When seen at Cooper Square this morning Le- doux expressed himself as greatly pleased with the result of his work here. Ledoux spoke hopefully of plans which he has for a church service and a community sing, to be held at Cen- tral Park on Sunday morning and evening respectively. The Municipal Industrial Air Bu- reau to-day received & communication from an underwear concern at Hudson, N. Y., stating that fourteen Polish girls could obtain em- ployment there. The wages to be pald were not mentioned. Those in charge of the bureau say that the qualifica- tions of those who are seeking employ- iment still continue high | Commissioner of Public sand- parcel Coler announced to-day that the In- |Jowel ea... dustrial Aid Bureau has decided to | Jewel Tea vf. --+ waive for the present the rules |June Tea o...-e-> hitherto prevailing In regard to con- tinuous shelter at the munictpal lodg- ing houses, Men will be permitted to remain, he sald, as long as necessary in meritorious cases, Even those who jhave obtained jobs will be permitted to remain until thelr first pay day, “But this does not mean,” sald }Coler, “that men can come from out of town and be assured of indefinite entertainment or does it mean re- laxation of sanitary rules. An indication of the stagnant con- was seen in- Brooklyn dition of export shipping to-day in the fact that dictments were handed to-day against Porto a dozen in Ricans various degrees of stealing, It return cargoes money ran out avold starvation, - ar SAYS A SWINDLING WAVE nd finally the saflors’ and they | IS SWEEPING COUNTRY. ATLANTIC CITY, Sept 28 of the National Association of Credit Men were warened at a meeting to-day tiat a ewindling wave war sweeping th Sand- manufacturing | !" Welfare Directors suas Lawtuer wince Lan ol wt KK uw Nd. sey Ye Lamy downs aboot at dub. Mao Wau a we ML & duc. 101 & W! Oye oF Hl we Tw Grow Wor ule Ut Wart uf use & Nurtiew ty Cale Cour Como Comer vee & otk. Gol Fue & lew.. Gol & southern Go Gas & Biwaric Comumina Graybo omy Ted & lhe. Cenueol Uae Conmel Teatila . Con Antal Mining Cont Candy « Condon Oil esos Com Pratucte . Com Prato 1@.. bo toe! Cuba Cane Sugar Guba Cane Sug if Cuba Amar suger Dal & Huleon Del lack & Wo Doms afines Elkuom Coal. ydloott Jobe Fre. i Frio tet fevces Exle 24 vf Famous Players. Fed Min & 6m Viger Mody ..+++ Fink Toibber « Fronport ‘Taxaa «++ Gon Amibalt ... ++ Genera) Bleetrie General Motor... Gen Mot Lob Tv © Goolrich .4.6 Gootrich pfeessre nby Mining... Greene Gulf tates Steel. Haskell & Barker.. Heudee 6... Manwton Oi eee Huyp Motom Mitnole Central Indiahomna Refining ATnaqyiration Con Inter Cone Cory er Cons Corp a€ Agr Com? Inter *Ynter Harvester Inter Motor ..es0+ Inter Papor ‘ Inter Mer Marine... Int Mee Mar gf... Inter Nickel Invinevle Ott Inland Kanan City Bo. Kaneas City af Kelly Springfield Kelecy Wheel Keaneoott C4 Keystone Tire Tacterte Gna aA Tackawanne Bird . Lee Rubver & Tire Lebign Valley oss Laga'e Ine eeeeeee Lett, Ine arin fe Neabiviihe Man Wlerated. May Dept Mex Ie der s+ and | \iami Comper. South American sailors charged with! qua : is said thelr ships were unable to get Middle States Oil. . Midvale Steal... Minn & Bt Louie Mo Kan & Tox stole to) kK & T pf... Mimouri Pacific. ... Minsourt Bae pl... Mout Ward ne Mn BP & 88M Nat Gloak & Suit Nat Ena & 5 Nat Lead Nevada Consol New Or T & M New Yor Centra: New York Deck This warning was given by C.|y ¥ NM & H., anager uf the National In NY One & West rosecution Department which folk Southern scores of croaks under indictment. || Norfuih d Western ‘ofessionn ndlers are thorough ern Peith organized,” hy sali. "They have finial sere at teas ahowing where to got goods on credit | orien & It without being thoroughly investigated. |)" A wave of business crime ful commercial houses and the Which threat- ens to Inundate all but the most power- 7 most | Vecific Ges . (eengy jntrenched jobbers te eweeping ‘Owenn Bottling «+ Pacitic Oil Pan Amer Pet, THE EVENING WORLD, FRIDAY, SEPTEMBER 23, si oN 88 ole bin bi 4c vole te W oy wa tim Lin oe “4 Wis we Avia ray Wie ow oh 1m ie 2A Bia Me he Bh 1s ith 2049 B03 teh 16% cay 1% 65 2% 34 m F 11% a 2% oy ry ry om 110 ow se 104% ay 10 1% 3 20% 4% 1s a 16% a7 dh n re 70% 40, 1D» we % Ve 4m 2% rare wan tom bb's Boe Ae wm 405 Se he wo we is 9 ey wi Cy 107s lve Bila os ary oT Ate Bhe, 18% ot % 2 76M 1's cory 4% 6%, | 1921, COMPLETE CURB QUOTATIONS Share, 50 Gui OU Ts 1 Hetne Co 37 Humble O11 6 er RT Ts. | in Cotton Prices Will Affec BANKING ANDO FINANCIAL, « the Recovery Southern Railway St. Louis Southw'n Ry.; an a ftlgs, Low, Last.) Share, ies, tom, tase, | 1S lotr TET Bs. St. Leuis & San Fr. Ryq 5 bs isle INDUSTRIAL, 7/6 Producer & Refine 4 ‘ 4 recep lh hat fy tit Bes 4B AUG ANG 8) coy Amat tent a | 100 Bapuina at sss. fa duty | 2 bb Mew @ Kansas City So. Ry. it my a i” T vee 4 . 7 it Leather &s. ioe) a | a a ae ee ne ee : el ES Sian , P S10 Bett Amer ‘Toh rex 650 BO Pete ciseccees 28 LORI. Power Renewed world demand for co 4 HUAI laid Noa ie eek Hessity ct Ld 4 Seare Root ton Is relieving the South’s finan: 009 Weitern State n *] 34 Houtnmest clal stress and restoring its great’ ie } Huo Western tat. n ue ONY y ie Asie ” Noah urn hy be ONY purchasing power. e above ’ Na ii a8 ONY roads should benefit materially, wil INING | ssaNy ; Farrell Coal 1200 Alas. Br Cot « ry 4 eons tie 0 Federal Tr . | 11600 Big Ledge 3 neo wy bertte for special letter + ieee Meee, ) Glen Alden Coal 411g | 91200 Bost & Mont § & mn OU 4 on the subject re 1 Grant Mot 2 | 2000 Calumet & Jerome 16 46 | 90 awit & Ge 2 460% ‘ aceon 109 Heyden. Chean 14 | 2500 Candelaria. Mf... | “iawn & Co Steele 400 400 Tare OF 5 6 Teus Co T8... 100% 109 100 + *! 100 North Am Pulp Paper . 2 2% | 2000 Divide Ex . ao a2 Bac 0% 03% Rail Stee Sutin scuum OU - 103% 103 108% eee sae Sere i840 Peetlens Motors ...+.. 80% 37% 89 | 400 Dolores Baperana ss.usss 1% 1% 1% 3 Weatern bileo Te. ie ee ne Broad Street, New York © Wilke cies 100 Petfection ‘Tite ms 1 Tt 00 Ei Salvador veseesseeee MS 18 14 6 Winchester Ta... Obie OL O1% Telephone Breed cere evar #0 Philip Morrie 5 “4% 8 OE 0) Maree “Croesus, 352 ¢¢e5 94 88) bed bed 1 Hambure 440,000. om Oh Branch Offeos tn Leading Cite, j 4 ey 1810 Hadlor Com 2 2a | 1000 Goldtieid Florence ..... 89 8938 8 Leloste Be. uo ou Dirt Wires 0 Farioas Mar be ] + 1%] treading oa of. 200 Radio pf... 1% 1% 1% | 000 Gold Btates .. eo & 8 FOREIGN BONDS. Replogle Btel 00 Reading Coal Ri 16 16 16 | 100) Hollinaer 242 +5 i Ls} 5 Dwi Bus. : + 00% 90K 00% = Wee tee @ wel 1800 Sweets Co... % 2% | 2000 Lone Gear st 40 U 8 Brasil 8 00% vam 00% — Wi Republle Sotor $100 Tex Gulf Bulp ... erty agg | $000 McKin Dar 1S 8 phd ohne eae Ie mt Motor. 100 U $ Steam ....0-- 30 30. | 1000 MoNamara pen Mystery in Student's Death. Royal Dutch N ce + S tae to th 100 8 Ship Com vevecss 19 19 | 200 Magn Cop woes MM ft | Guillano Cyr, twenty-two, a student Free to Investoi + 1%! ge San Pras uy 320 Cold Prone arise. 14 ty] 200 Motaetiode ci sess 44 44644 gy found early to-day Ine coma. In Margi cine eee ee a (00 United Re ‘ | fm Mommrade Sr orcs tH 04 2 hte room at Nor 696 Greenwich street, | How to Figure Margin StL & South , % RR 1) tooo Nevade Ophir s.c., 440 a0 «| Bnd died soon after being taken to sh St L & South pt.. 32 STANDARD OILS, '300 Niptesing a 4% 4% «44 | Bellevue Hospital. An autopsy will be ‘ull explains marginal + hil Saraie Avena to 300 Anglo“AM OM .essecees 1% 14 1K P : < | performed to determine the cause of his y at FR Sars ‘ oe 154 154 158 | 1900 oshener ito” ie ibis | Better : trading, equities, short sales, Saxon Movors «4. , Satna a 1400 Tonopaa Belmont lm 1% lw dh Seabuant Alr L a 20 Tp Ol CEN; 044040009 78 78 | 4100 Tono Divide wee 88 $s | od ote, ete, fey seeant 4 1 | 18008 OM of tad. . 7% 70% | Joon Tonopah Mlepab ... 5 68 8 | @ANKING AND FINANCIAL, | vite for B= 2) Sears Reeuick INDEPENDENT OILS. | 500 United Eastern fe | ea eee i e 900 Arkansas Nat Gas, 8 8 0 West End C...eeceee 86 as $3 sd 1% 2000 . eon ee 3 White Caps. 3 3 "IN THE STOCK MARKET Members of Consolidated Stock 1% 150) Boston Wyoming 6 et BOKDE ih Weanie - Exchange of New York , el eee Cake “ 20 Allled Packer 6s 1 pax or- ST) Unlimited B N : Soutiy Mail pio ey ome eG) he 17 Aliled Packer 69 eft TIGA FOR Profits | 55 Broadway, N. Y. Yiabig Prelate 12 1000 Cushing. Peta oietar eae ||| Any a ee Ieue |] | ehall 763 biases 4) g00 Rik Bain Pe 14 Am Tel 6s 24 | & | foueonter A sho Empire yO se | 1h Anaconda te il libal | 0 *t cane 20 {te | Superior vit : 1g ISLC Bngincers Petroleum... 30 4740 ‘Anglo-Am O1L % FUNERAL DIRECTORS. 00 Imperial OM. 4 § Barnsdall $s. ‘ 8 Pt ro} 5 20 Het Part Call “C. 2 & hate eee cers a eC ane nVC.Goldhurst cca a ti, [Tew & Pacific o | ieee reenuts us eee aicen SO BROAD ST. Any Hour, Day or Night 3 aster de 1900 Lrons Pete 5 88 4 Beth Steel is 25 50 BROAD 5S: O sh ain) At ett Ha 400 Maracaibo Ot ..4.... 19% 1% Copper Exp 8 21... ~~ FRANK FE. CAMPRELL EI ESGI Ge # ig000 Meridian Pele vicviccs Tt ap 8 2% <= THE FUNERAL CHURCH"? Bic. ‘i rrenmcon OU .-. | ee Bap 86 2 PERSONALS. (Nou-Sectarian) @Y + a : + “200 Nat On : 4! § Galena 8 0 7s. ee Toy | Prmnnue & Williame 374 1's 9690 Noble Ol Pps Geodrleh iby. 6 ADS CH Mie your RYO RE Oe 1970 Broadway at 66th St. “ Union Ou we WSs ai + ‘a =) et all to eee us. an Di Dewstewn Oijice, 23d St. & Sth Av. feos | ee oe 100 Omar Oi 19 Grand Trunk 64s Eu aaieate *) Union Paci 9 Saesiias Gata = a =: * | unital Ailey . rs *F [unite Drug. OS United Pratt rer United Fruit 14 Jun ty inv co. Ltn ty Inv Go pees 19 + be Un Retail Stores. NM ii «| U 8 OF Pee... char ty U S Bapren...... buy s FW | us ind Alcohols. 47's +h | US Realty & Imp 62%, 11g U8 Reber ce... 40% FS} U 8 Rub tet phe. Site f ] EE & Setters B24 “Ju s Steel 60!» +2 lug ste of sss. 100% Pe Utah Co Lo) ™ Vanadium Stel... ae +1 |va Caro Chem of.. 78 . s —_-~- . + ew] Ve tron Coal & Gite + ‘ew ] Virandou Sh + ‘we |Wadsah .. ih’ a 1%] Wabash of A. 21% 0% + %&% - Ww] Weber & Heil... 1 12"— Wella Fargo . By (BS + 1h ty | Woot Maryland... 7% 0% bom Weat Man) 21 17% “ + 1% | West Pacific Coro EY +1 + tg[ Wen Pic Con pf, GI's 61 + 1% Western Union . st aa + & Aiporake S61 881% $1 hours 45 2 + 4 kun. 8 Kk (Plus Se War Tax) E pt 18% +a its 11% * Ladivudend, ‘Total sales, 642.990. Sr an uto trop et LATONIA RACH TRACK, Ky, Sept The er tries for to-morrow’s rac yare lows FIRAT NAC anit upward; a three year-ol 197 Nedin ACh SECOND He Might, 10h; *Mely Alor dr. M9: Was Rove Ir Vergy nabethtown, Tay Fores Caniley {indy Green Gold. 1 *American Tar. 10 + Maia, Syarara Bridge, Ke inalvna, 100; F is nish Apprentice vail tint” Weather ole track aa % —+— ‘| HAVRE DE GRACE ENTRIES. 1] rack TRACK, HAVRE DE Onace, M 4 [Secs The evtrice for to-morram'a races ta | ae fol 190 | oudet tite ‘Rinlovagna Tenn Sa att reer ie aie eitadtcal. ths BY BY ttn ti kn ih PS na Mel OE “ 1.200: cialming mine ner nina a4 Ns : FA TE! wayne Malt 1p Si Pe] Ful telng Howk 12; Blue hirve-year Ara it WWD RACE $15) olde; sie furlongs ¢ Vib: Myst Yn’ Fowht muiaitp | reny iru Wie” More | J earetah 1 2112; Wilh ina Oldt. V12: Carpenter,” Te WEN HACE $1 md; Latonia Haydlea: three yearolds and. tipw Guy, 10h at 12s Ging yh Mi) High Co te 12 FIPTHE MACE $8,010 added: Tat cans ar olds and upward elabths tnlleg, Midway. 1 Ravorate, 10; dower. 197: W 3 Vee: VMlack Seryan' Satie of Pleasure, 10s; Firebrand: SINTH RACE $1400; claiming year maidens. five. and one-half furlongs. *Kly Bi ren ‘ampere AM ngfleid, 1105 Can Dady, 102; Muimantiartan, 112; Why Te,‘ Lesion, Ma; dash, 1S, hy ns, Ron 14s A all, | ny | 13; sir | 112; Pamls, 112; *Bedul, 110) SEVENTH HACE $1,500; elatmings four-vear- }otde and upward hy mliew Spray i or, ari 1 are 1 tor an Pome! $1200! Cauming: paint Set consists of self-stro) Strop, Six Blades in bla cremate all in a neat folding canvas case. Can be sharpened, used and cleaned without removing th ‘apart—without even lade. Complete with 6 Blades further establish the fact minds of men that the best place to buy razors and razor blades is in a United Cigar Store, we will sell 200,000 Genuine AutoStrop Safety Razors com- plete with strop and blades at 98° each (Plue 6c War Tax) While They Last! Each Set is Fully Guaranteed Mail Orders also filled. Address: United Cigar Stores, Flatiron Building, New Yerk City. UNITED CIGAR STORES HEADQUARTERS FOR RAZORS AND BLADES in the