The evening world. Newspaper, December 5, 1921, Page 18

business was comparatively quiet. After a firm opening the grain mar- kets turned heavy, but soon rallied back to slightly above the close of Saturday. Cotton was steady amd without definite trend. ‘ TT0?, | | pers continued firm throughout the fourth hour with the exception of few specialties in which bearish floor traders were at work. Equip- ments again worked up y ge ae -——- rally he! ventory ac- best prices of the day and the lead- 110 TO 11. Li ah Baal dA ah ing olls went into new high ground. _ lit was said in banking quarters that Sugar shares were unfavorably in- have close. affiliations with the fluenced by sales of Cuban raw omspicuous firmness was shown by! joo. sugar at a new low price for the ; | larger motor car manufacturers a Most sections of Wadi AU that a further general price cut year, but firmness of coppers was morning, and in nut i during the latter part of January or maintained in the face of a slightly eet olistd "Theee were to be found| the early part uf February was not principally In the equipment and| !mprobable, Yet, the market re- RNC acentn Gute UaWilitse to Pre mocks. Rails were sluggish, | fuged to be disturbed by such talk — ¥ y Ma fd steel and oil shares indicated] ud motors were among the strong- Cran pid Pnchaa eth Late gals 3 " est stocks on the list. There was fe here weet practically nothing in the| particularly hes ge buying of Sumers at 18 3-4 cents, i eeut ) way of news over the week ond to| Studabaker and during the first fest grade authorities still i st help shape opinion as to the probu- hour it was the ‘most active stock; that copper metal will be selling ble course of the market. This| traded in. Serore Beet tr eames. cents lack of news applied equally to do- Ye lower ‘tendency of the metal price. It was understood that agencies mestic business afftirs, ‘the Arms enone Mlising foreign exchanmy, Gere| The character of trading was un-| PTET e which Ger- character o! 5 . any ie. SuRINe ‘er reparation | Changed during the vecond hour.! In final bestia Ha the market took on payments. Motors continued strong, equiy- Garni, a bet bap uppearance.| it was evident, however, that the| ments held thelr early gains and ne iagalt es developed fare Ja rket Interests did not tire and rubber stocks successfu: ther weaknes: ars ebuc ve that absorbed profit taking. | was pressed quite heavily for sale, Neve that the recent pronounced | mig bond market became the chicf| fd although directors last week rise of the market has fully ais- counted the betterment in general or tee cals | anterest. Several) the regular dividend on the pre- conditions. In a number of the) \abie to touch new high records for! ferred. both the common and pre- ranged from 2 to more than 4 points.| tory "4 g-ds wold at. 100.02, support to-Yay and the former, was easy to trace the strong buy-|qy ably i ti | just defore the barket’s close, } Ning the equipments to the ready nervth invthe helict chat there wil showed a net loss of about four ie of equipment Certificates held] Fe ne ee een Federal Re- _. points, by the Government and to the Im-! serve rediscount rates before ai- Selling pressure developed in St: Wed business prospects of eyery equipment concern, Mast of these companies have come through the prolonged period of business depres - Paul common and_ preferred, saat 8 per the weakness of these issu: ain ible wan: rhe meat ts the persistent rerusal A a cent., although most vanks are will- vania to climb out of the rut it Beas coved, eat with Pay ments| ing to lend ‘ime funds with Lis-| has been in for so long induced of business #0 materially improved] ¢rty bonds as collateral! at 43-4 per pedals Corte hte Laas, Cl SON » there naturally is considerable dis-| Cent. the aching. irveswler. lst an cussion of a probable increase in y As “opposed ‘to this heaviness equip- Gisbursements to common whare- 12'TO 1. ments, oils and tire stocks closed holders. coeees trong and within a narrow mar- e rise of four points in Anrerican Ls ir , » a today to a new high for| Finding that further attempts wl fig Se eee itcmmllEniT using the year, and advances of from two} raise the equipment and tire stocks| Jere was Mino excellent buying to three points if Baldwin Loco-| were meeting with profit taking, | y.0r SniPPing States, motive, in American Car and Foun-| attention was devoted largely to Gry, in'Haskell & Barker and others! the ofl shares. With (Goneral feemed to be duc almost entirely | Asphalt atting as leader, this group to accumulation for long account. during the noon hour rose to new Buying of the tire and rubber stocks! high, marks for the day, and ad- ‘was duc not so much to increasing| vances of from 1 to 2 points wei sales of these concerns as to the} general. | tise in the price of rubber which | Provpeots of a consolidation of a half dozen or more independent steel concerns seem to ave lost their! BANKING AND FINANCIAL, |. free, temporarily at least, as a) SS other six weeks p1 per cent, in the last hour. For- eign exchange rates again spurted forward and Gemand « sterling touched $4.068-4, up 21-8 cents, and a new high for the year, Cot- ton closed fi 10 to 14 points lower. Grain#*were practically un- changed. ei Wall St. Gossip Numerous issues were able to reg- ister new high marks for the year In iether lasoee vend “International ‘0-day's market: While the equip- national ments were able to show the greatest Paper among the specialties were | strength under leadership of Amer!- . t ‘ean Locomotive, the rise was more Foreign exchange rates were firm, but, uniform in the rubber and tire stocks, —[—_—_—[_—[_—_—XK——_——= pihemab every egal Hades! group was le to set a new high mark. BANKING 4ND FINANCIAL. The advance In American Locomo- eS tive at one time amounted points, At present ing 6 per cent, ann It is selling about 6 points above : Baldwin, which pays 7 per cent. in —IMPORTANT HAPPENINGS dividends.” Asa matter of fact, it . ']] | otters smatier income yieta than most Led developmen: of the high grade preferred stock ‘Expected ts next week issues. Its conspicuous strength has —Favorable position of gold producers aroused discussion as to the proba- —Most active stocks of week bility of directors increasing the rate of dividend to 7 per cent. during the —Market trend, past three tha: cl i latter part of this month. —Price range, volume of trading on over 100 stocks —Bonds yielding over 6% parket factor, These shares, and ‘niged States Steel were fraction- ally lower, Changes in the rail list still were about evenly divided between fra tional gains and losses. Harvester was run up quite sharply on short! covering. Central Leather common and preferred, American Hide and ia vena Sead Ea? The appetite o finvestors for the various Liberty Bond issues appears to be unsatified, To-day the Victory 4 8-45 and the Victory 8 3-45 sold at 100.02, a new high record for the year, ‘the third 4 1-48 sold at 98.10 and ‘the fourth 4 1-48 at 98, both of which also made new highs for the year. ‘There's fund of timely news ia the INVESTOR & TRADER Copy given on request Still another indication in the im- | New York Offices provement in investment demand I was furnished to-day by ‘the quick 2% prcren ae NES & BAKER oversubscription of the $6,000,000 ‘i Tel. Mad. Sa. 1377 New York Curb Market South Porto Rico 20 year first col- by p MBroad Serest ‘Direct Private’Wiree lateral mortgage bonds offered this Tel. Broad 7150 New York Chicage Posten Philsdeiphis , moralng. s + WS Fifth Avenue Pittsburgh Detroit Baltimore Cleveland i gre Tel. Mur, Hill 7120 : There has been a marked improve- ment’ in the affairs of the Plerce Oil , % : , Company according to bankers who 4, : are in a position to know the facts. t- It is stated that in October earnings : * ry emounted to $350,000, in November 3 ———_____ EROPOBALS. ___| they totalled $400,000, while it is ex- 7 ——SSSSSSSS—— ———— pected that for December they will amount to $450,000. This showing in net has been made on the basis ‘ of 56 per cent. of capacity operations. operations will be brought up to 90 . ‘ per cent. of capacity. Manwhile the financial position of the company has . been fortified by the sale of deben- : tures, and the directorate has been strengthened by the addition of rep- resentatives of two strong banking will sell at his office in Room 530, in the interests. Municipal Building, on Be Blair & Company have purchased from the Government $1,275,900 equip- ment 6 per cent. notes, maturing in Thursday, December 15, 1921 January 16 102, to 1924" tnclusive. B, G. Dawes, president of the Pure at 12 o’Clock Noon Ou Company, stated to-day that the #4,300,000 8 per cent, preferred Rook which been underwritten b; banking sy 5 but a part of an unsubscrided portion ‘2 (o} Of $10,000,000 offered to shareholders 9 9 in February of this year. Gold Corporate Stock of The City of New York, payable December 15, 1971. 21-8 cents, cost and freight for De- cember shipment, a new loss for the year, mas and New \, LIBERTY BONDS. Liberty 31-28, opened 96.24, off .04; Ast 41-43, 97. 10; 3d, 98.02, up .06: 4th, 97:96, up .04; Victory 43-48 , 99.96, off .02, FORBIGN EXCHANGE OPENING. Bids must be delivered to the Comptroller in sealed ry eed addressed to the Comptroller of The City of New York. JA deposit of 2 1-2 per cent. of the amount of the must accompany each bid. Such deposit French frances, d sult any bank or trust company, or send for descrip- ‘ tive circular to tranca Comptroller of The City of New York. The market for indusctrials and cop- | NY Airbrake if Y Central , more or less unexpectedly declared | 4™ | speculative leaders net gains} tne year, Victory 33-48 and Vic-| ferred were without substantial] / \m Tobacco pt new M% Am Tobacco cta B. Atl Quit & WoT pe 4M Money on call was lowered at 41-2~ Dkiyn Rap Transit Barite & Superior. tL & Ban StL & San Fr pf 37% Savage Arms ....., 10% Seaboard Air Line. 3%— scab'd Air Line pf 6 Sean-Roebusk ..... 58% Canedian Pacific . Central Leatber erro De Banco Chandler Motors Sears Roebuck + 80% Seneca Copper .... 23% Shell T& Teo... 30% Sinclair Ol ...... 23 40 484 + 14} sions Sheff Steel, "M&S PRR © M&St PRR pt 26% = flea Pacific... 80% Southern Ry .,...+ 1&P 6 pc pt 7% 1&P pc wt Ch Stewart-Warner . Stromberg Col Fuel d& Iron. Col Gis & Elec Comp Tod & Rec . ts] Wor Mary 24 vf. 16% 16% 18% + 1% | West Pacitic Cop. 19 19 10 + 1% | Western Union ...- Gry & Davis. ASK LAWS TO PREVENT Inter Cone Corp pt x Inter Agr Corp. 9 Wate Ae Comm of 8% Cuban raw sugar to-day sold at Members of the New York Cotton « a Exchange have voted by 121 to 2 in Exempt from Federal Income Tax and from Hrohenge have voled by 13! to 3 is the Income Tax of the State of New York. Fachange on the Saturdays preceding 0, up .18; 2d, 97.70, up x le Stree! demand, 4.04 3-4; cables, | ¥: “mast be in cash or certified check upon a New York Tits, TR cate A7Re up tent bk | State Bank or Trust Company, or any National Bank. cena aera SERRE: GAAS, For further information see*’City Record,’’ or con- demand and cables, .00481-2, off Mexican Petroleum, 113% 28; 0008. Guilders, “demand, $568; cables, . CHARLES L. CRAIG, 3570, up .0005. Pesctas, demand, .1403; | oiddle stalen Gil eabl 1405, up .0005. bee kronen, Low, Yast. Cute 10% 46% — th 14% 19's % 39 ‘% By wy % 72% 78% + 1% 13 13 “ %% Whe + % Nat Conduit 1% 1% hid Nat Boum @ St), 42% 42% * Nat Load 83% OH RI + 8 Pitts & Woe va. We Tt = Mes £ ow 4 Pond Creek Coal .. 18% 15 134% + Preeed Stet Car. 68% 67 OT 4 ‘Pallman Company . 110 108 100 Punta Aieg Sumer. 31 DH HOH + Pure OM .......6 31% 3% 3% — % Pari & Bingham 15 4% 1 + Rall Stoel Springs. tig 1% OF Rand Mines . 210 1 1% Ray Copper Ite M4 Testing... 7% Ts % Reading 2d pt eo ty Kemington Type B% Be— % Replogle Steel... Bh BH % Rep lon & Steel: D% B14 54% — Roo Irin & Steel of 2 , 92 92 41 Republic Motor 8% 6% 8% + Royal Dutch N 48% 47% STH + Pierce Oil pt. 70% 70 170 + 1% L & Southwest 22 So Porto Rico Sugar 38 Southern Ry pf. Olt of N find OiLofN 3 pt 112% 7000 Aome Coat 200 Brit Am ‘Tob coup. 1200 Burns Bros 500 Cal Cr Fruit 300 Carliste Tire 7 Celluloid Co pf. 10 Cent Teresa 100 Cent ‘Teresa. 100 Coniey Tin Foil 600 Farrell Coal 600 Gibson Howell 500 Glen Alden Coal 660 Goodyear pt 4300 Goodyear Tire 100 Georges Clothes 100 *Herane ‘Tobacco pf.. 200 Imperial Tobacco 2100 Inter Rubber . 100 Libby MeNett 1000 *Perfection ‘Tite 200 Philip Morris 3000 *U 8 Ship Corp... 3400 United Profit. Sharing. 1000 United Ret Candy. STANDARD O11. INDEPENDENT OILS. “Boston Wyoming 1200 Carib Syndicate 600 Cities Service “Bette. 70 Cities Service (old). 100 Creole Syndicate 4000 *Oushing Pete 1060 *Denny O11 . 200 *Edmonds O11 3000 *Hudson Ot! 1700 Imperial O11 13600 Int Petrol 2600 *Keystone Ranger. 1200 *Lyons Pete 200 Maracaibo Oil ‘400 Marland Mex . 8500 *Meridian Pete . 1700 Mexico O11 . 100 Mountain Prod 19000 *Noble Oil . Studebaker . wee = 1% | Suvmarine Boat... Superior Oil ...... a 41Tex Gulf Sul. + % a + % e+ Its + % Solas +1 + % — % i -% “4 | United Alioy + % United Drug . Soe 108% + M4) United Frut =i -%* et] + | F ere KKH ES 3 SERRE OIL FIRES IN HARBOR Federal and State Legislation te Ge Ursed. ‘The finance and budget committee 4 }of the Board of Estimate decided to- day to request enactment of federal and state legislation minimizing fire hazards from floating oil in New York ‘| Harbor and in the North and Bast Rivers, Dock Commissioner Murray Hutvert predicted that if precautionary measures were not taken and the oil ** | disastrousaK‘odsel ‘peo! hrdl toina menace was permitted to grow a dis- 1% | astrous fire might result. ‘A_report from the committee named by Gov. Psiiner to inquire into the causes of the fire on the U. 8. 3. “Granite State’ on May 23 at the foot of West t recommends tha’ rth River mt 3: the nelghborhood of West 9th and DR. EARL C. CARR, FEVER AUTHORITY, Is DEAD. CINCINNATI, tionally + om Bah Diego ‘aoon after the war was de- red with became a + %/ Gated ii enich capacity ‘he served with Gen, Pershing in the lippines. He ras aN ‘s meh: on gear fone 21400 Simms Pet . 400 Southern PR 3000 *Tex Ranger 8300 *Teron O & L 100 Tidal 4 Wo Victoria On 1600 Wilcox O11 . 400 Alas-Br Col 14900 Bureka Croesus 1000 Gold States 6000 Harmell D 300 al oe tee i tats i tees | 20% 18% 178% 15 “ 26 1% 13% 1% yt ane Shrown ‘er beck ona tenia mg SYNOPSIS OF PRE CHAPTER VII. (Continued. ) UH" said Stoddard me- chanteally. “She was so utterly stupefied that she re- %% mained sitting on the car plat- ii form until the conductor found her. The insane man had thrown into her lap an envelope. When she opened it she found a railroad ticket to Toronto, _'@ Pullman berth—and $50!” \ “He must have been insane, Does she describe him?” Stoddard spoke casually. “She cannot. She simply knows he was alarge man, roughly dressed, and possessed of tremendous etrength.” “There were a couple of men here |this afternoon after your mother left,” Livingston broke in. “Forest rangers, they said they were. They said there were a lot of men out in the woods looking for him.” Mrs. Westfall is offering a re- ward,” added Mrs, Stoddard. “And what happened to Mrs. West- _|fall after the conductor found her?” ; | Stoddard risked. “She went clear through to Toronto. »|Meantime she telegraphed her hus- band and he went down and brought her up here. They needed her here, so she could identify the man.” said Stoddard slowly. “Weren't they able to get any clue at the station?” he asked, “It appears not. The ticket agent of Deepwater doesn’t remember who bought the ticket and the berth.” Stoddard wondered if they had questioned Billy Mason, the station master. “And how much reward is Westfall offering?” he asked. “It's only a hundred dollars, but they say it looks as large as a thou- sand to most of the men who are out hunting for the creatufe.” Stoddard knew that was true, He decided he would have to see Billy himself; he might, in fact, have to pay the reward—privately. “He ought .to be shot,” Betty af- firmed, “and he probably will be, be- cause they say he's too big and strong to capture alive. Dolly Westfall says he has all the strength of an insane man “Is she an expert on lunatics? “A person doesn't have to be when somebody picks them up and throws them twenty or ‘thirty feet aboard a|>' rapidly moving train.” “Did she say that?” Stoddard asked in an awed voice. “I think Betty exaggerates a litt! explained his mother. “But it was a very perilous experience—enough to frighten any woman to death.” should think so,” Stoddard agreed. “We are expecting you to join our party to-morrow, Joha,” Mrs. Stoddard spoke quietly. “Oh, out of the question!” her son exclaimed. “But why? We planned it as part of the surprise.” “Because I’m up here for the woods, that’s why. And I'm carrying out the doctor's prescription for Larry.” “But Larry has said he will go with us.” Stoddard turned a baleful look upon |) Lavingston, “Why not?” said Larry, “I'm not strong for this primitive man business, ve had enough of it.” “I guess that private car sounds good to you, Larry. Go ahead. I'm going to stay here..” Mrs. Stoddard was plainly annoyed. “gurely| you get enough of this, John, when your business calls yout Sometimes you're away from us for a year and more, I should think you'd be utterly weary of it.” Stoddard shrugged his big shoulders. “Let's drop it, mother,” he said “I can't £0." “Betty,” said her mother, “you must telegraph Estelle in the morning. Estelle was coming part of the way to meet us,” explained Mrs. Stoddard. “But now"—— She made a dainty gesture of despair. “On!” said her son. “You go down on beg evening train to-morrow?” he asked, “Probably. It is possible, though, that your uncle may arrange for a special engine, in which case we may go earlier.” Betty sugested that it was time to start back to the hotel. As they were re-embarking Mrs. Stoddard told Larry that they would call for him on the morrow. She bade her son a warm good-by. She was gloriously proud and fond of him. CHAPTER Vil. ACK in her sylvan refuge B Sadie was glad the darkness hid her, for she had been cry- ing. Stoddard groped his way into the tangle and led her back to the campfire. “Wy, Sadie!" he said, “you've been crying! You poor kid! It was a shame to leave you here so long." “That's all right. I'm just tired.”” Stoddard led her to the tent, Down by the fire he found an indig- nant Larry. “You've given her the tent, havelto oat Aad what about me?" Bt “You can curl up out here, ea John MISTER 44 By E. J. Surprising Story of Love and Humor Copyright, 1921. by the Bell Syndicate, Inc. RATH CEDING CuArT EDS. saaie iets, packer ana sart fecory, planed. note tn th : . 31° aurat“camping ta Cansae” walled s triendiy’ reply, wich reached "Wedle tear éay the. Shrlinp “duecmarge’ Ea yar poten etc ee tte Eeutrottae'may bey” he Tous gait Walch, dilficulty rescued Gadis, pane baer eat | visited him at sation plsiform #nd I are going to do,” replied Stod- dard shortly, “You'll be bunking in @ $60,000 private car to-morrow night, with @ porter to walt on you. Dream ebout that for a chan Stoddard was puzzled and disturbed. Sadie wasn’t tired, he knew. Why did she cry? | Breakfast was a silent and cheer- less ceremony. Afterward, Sadie wandered down to the water's edge, then followed the shore aimlessly. After an interval Stoddard followed. She was sitting | with her back egainst a dead stump, close to the shore. Her eyes were half-closed. She appeared to be quite | oblivious of her environment. He seated himself a few feet away. “Let's have a talk, Sadie,” he said. She made no answer. “Something’s gone wrong,” he went on. “But I don’t know just what it is. If it's my fault, I want to apologize. What is it Sadie?” “It ain't anything,” she answered duly. \ “That's not frank. Let's have it eat Xow and T can't go on in this rt ‘re too good Is for that. We can’t have any misun- | derstandings, Tell me what Xt is that \ es you angry with me?” | “T ain't angry,” she said with a note of alarm. “Honest I ain't.’ “What, then? You ing as well tell me now,” said Stoddard, “because I'm not going to leave you until you do.” She clasped her hands about her knees, “I'm—I'm just hurt,” she said slowly. “I couldn't help hearin’. It ain't easy to s: she faltered. “You been #0 kind to me. Only it seemed— Well, you didn’t ever have a job ie sight for me. And you ain't got an: of gettin’ me one, like I thought." she mused. “Because—you ain't gui vier hciad here. Your mother said a “Not the kind of interests you thought,” he admitted. “And, you see, that’s the trouble.” said gadie. “You let me go on think- in’ different.” “You felt I hadn't played fair?” “I won't say it wasn't fair,” she an- swered. “You did it to save my feel-" in's. It all comes, I guess, from mi understandin’ your lett she went “You see, I didn’! know you was just playin’ up here. | thought you belonged. You oughta have told me when I came.” “It would have saved a misunder- standing,” he admitted. | “Can I ask something?” she ven- tured. “Of course. “What was you thinkin’ when y wrote that letter? I mean about me? “I thought you were a girl with a tiful dream.’ ut I'd oughta been waked up.” She looked at him steadily’ for a minute and added, “You woke up after you got my telegram. You were goin’ to send me back. Your mother told about the woman at the station; 4 knew it was the one I met. .And yo! thought she was me. You had the right idea. You knew it was all a mistake and you figured to get me out of it quick. I ain't blamin’ you. Only?—— : Involuntarily she laid a hand against her breast. “Only it just sort of hurts—to find it out. Stodaara felt ashamed, yet he was glad that the fiction had been wiped out. It was easier for Sadie in the end. “what can I say, Sadie? Ill say anything—do anything—if you'll for. give me! I didn't mean to hurt you. Why, I couldn't hurt you, Sadie! Hh “I knew you meant it for the best, she murmured. “I was foolish. Only it did hurt.” es, I can see it now. But it was all beceuse J didn't know until I found you that night at the station, that you were you. Everything changed then. Why did I let you go on think- ing about the job you were to get? Because I was afraid to hurt you. Why do you think I didn't send you back, after I did find you—as I sent the other woman? Did you suppose I could send you back when I had seen you?” Now he was leaning forward, and his great, brown hand imprisoned one of hers. “Sadie! Look at me!" She would not. There was a tear glistening on her cheek. He was standing now and both her hands were in his as he slowly drew her to her feet. For a little they. stood thus in silence. Then she slow- ly raised her head and looked at him bravely through brimming eyes"—— “You wonderful”—— The sound of footsteps on the rocks checked his speech. Stoddard turned swiftly and saw Larry Livingston standing a few yards distant. With 4 @ little cry Sadie released her hands and fied in sudden panic. Stoddard glared at the intruder. “I beg your pardon,” said Larry, “I didn't*—— “Oh, shut up!” « ae Sarirely an accident, Stod.” ere's nothing to talk about,’ said Stoddard curtly. “Clumsy of me, I know; but”—— “Go to the devil!” Stoddard whirled about and strode toward the camp. Livingston watched him until a bend of the shore hid his figure from sight. He stood smiling for a mo- ment, then hig face became serious. ‘Useless to talk to him,” he mut- tered. “But—oh, Lord!” Then he followed the path Sadie had taken to the farther point of the island. She did not hear him until he was very close, When she recognized Larry, a look of weariness and sus- Picion and defiance came into her eyes. For a minute or two e commonplaces and received canner that consisted of monosyllables, Sadie hated this friend of - 4's and distrusted him, eithengh oh not fear him. He was still aimlessly talking when she Interrupted hi sharety: “Let have it inate se sais, “What do you want to sa; oe Net Mies Te- Morrow's Interesting Inctatmnent.