The evening world. Newspaper, December 7, 1921, Page 11

a IMMUNITY. WAIVED BY BR. 7. DIRECTORS IN TO-DAY'S INQUIRY (Continued From First Page.) have been is apparent, Col. Will'ams @aid, from the fact that the earnings for three years from that portion of the dual subway system that has Bince been operated increased to $8,000,000, an increase of 66 per cent. As to the question of good business Policy in paying out $4.000,000 in divi- dends when it was apparent tha’ $57,000,000 in notes were due to be paid off in July, 1918, Col, Williams | ~ replied: “Any thirteen bysiness men— tm any walk of life—would not have ected differently with the same in- formation before them.” Col. Williams declared emphatically that dividends of the B. R. T. were Bever allocated, but always paid out | of the earnings for the year in which the dividends were declared The cause of the receivership, Col Williams said, was the financial in| a@biliiy to complete rapid transi world war conditions, and fail the city to complete its subwa @truction programme, down the B. R, loan because the Ai signed, Hence the meet the obligations maturing bonds in July, 990,000 in refunding mortgage hond fgsued in 1902 to 4 per cent. interes bearing. At that time we thought it was wise to do so, and it was doné on the advice of KE. H. Harriman, wh used to pride himself on financine Embroidered Marvella Coat, Genuine Fur Collar $29.95 35, ee _——F Pre-Holid: 425 Warm Coats SILK LINED AND FUR COLLARED « $29.95 NORMANDIE, BOLIVIA, MARVELLA, SUEDE VELOUR HAMILTON GARMENT CO. 307 Fifth Avenue, Near 31st Street ee rate of Interest,” railroad constantly borrows money dends afe not earned but because been invested in some other way. “I regard ‘obligations to investors equally sacred as obligations to em- ployees or to the public, so far as extending facilities is concerned,” Col. Williams said, Asked point blank if in 1917 he traded in B. It. T. stock, Col. Williams said he bought it when it was low almost every year that he was con- nected with the company un- unately I did not see He aid he never ‘bought an: tock that he did not pay for, infer- ring that he did not gamble in B. R. T. on margin, Turning to the affairs of the Now} York Consolidated Company, which | operates the so-called B, R.'T. sub- way and elevated roads, Col. Williams | was asked what justification he could offer for the declaration of dividends | Stay tire tread soles Outwear any other colorsole in all kinds of hard service lay Sale of Worth at Least $55! ’ _ Beautifully Embroidered, and Genuine Fur ‘Trimmed Models! | f] i What’s Most Important for a Good Picture? stead thought a minute. appeal. must be beautiful in itsel: arrangements. Yes, all look to our hair. most important. economy and convenience, Enclosed ts jo Le A ea Hie tas te iw Fe oi Care for Thele Hi HAIR ee W “ HAT do I con- W sider the most important thing for a beautiful picture of the face?” Gertrude Olm- “Well, the skin is impor- tant. A profile must have The eyes add immensely to the effect, but the hair is most important of all. softness and lustre and an adaptable quality for all “Frequent cleansing and proper nourishment are Of course it is a matter of the right shampoo and tonic. ever, for it is a combination of a cleanser and feeder. . It's SASCHA COCOANUT OIL SHAMPOO. The dry, granular form appeals to my sense of Gasche, ay Gertrude Olmstead Universal Film Star That's it! Hair f, It must be thick, with a of us in professional life I have found the best “The results are shown every time I’m filmed, I owe the beauty and health of my hair to “SASCHA B. D, B. SHAMPOO.” Aeliads, (nibixd CONCENTRATED COCOANUT ~ SETrdeeateren ceataaacameae memmmetorenne-preearemretnioecur-enyoniente es AAPA UPA aa a : £ Fie snaswmensn a eenaennpenna anne rallroads with bonds bearing a low |largely In exces: Col. Williams said.|the dividends were $1,890,000 and the Col, Williams said almost every | earnings $1,513,096 in thi Col. Williams’ replied to pay dividends, not because divi- | ation u dividends. to be in the neighborhood of three or four million dollars. That surplus was fointed yesterday to invest due largely to the pri Hl AS of the Brooklyn Rapid. Tranalt ‘ompany, Brooklyn Rapid Transit cing the constriction require of the New York Consolidated | for. the Iderman Rudolph Hannoch of Bronx | Packers’ strike. Two men were shot and seriously OIL'S SHAMPOO } ! very simple—ihe elevated sys-|aily to the owners of thhe stock. tem had been earni money representing dividends has |#0me years and not distributing them oes ee « only equitable and proper that the year 1916.| surplus profits of the Consolidated “The explan apany should be distributed gradu- patatadaiad “Ssinihende Honing they MILK STRIKE HEARING TO-MORROW, Aldermanic com: So that the surplus got The spect. ipal stock hold. Ik strike will begin pers the Aldermanio Chamber In In Clty Hall -morrow afternoon at 4 dent La Guardia was apy S} man and Mayor Hylan will be asked to lend an Assistant Corporation Counsel ination of witnesses. In the meanwhile ompany ing a ri ny or its pred Union Elevate: nas been added to the committee, Think what this means! OVERCOATS 2342 were $30 2253 were $35 1946 were $40 THE EVENING WORLD, WEDNESDAY, DECEMBER 7, 108 ‘of earnings, when| road Company; and it was considered] COURT RESTRAINS PACKING STRIKERS Texas Workers Enjoined From Picketing Following Riot at Armour Plant. FORT WORTH, resis [and Company to-day secured a court pointed chair= injunction again Armour strikers molesting employees or strikebreakers, follow- | plosion Yesterday at the Nobel D: here in connection with the | mite oo and another beaten in the (qreeereeefiptnmananens MORE THAN 100 KILLED 18 Bodies Prussia Dynamite Pant. BERLIN, Dec. 7 (Associated Press). —The bodies of only thirteen of the more than 100 persons killed in the ex- Only ‘ks at Saarlouis, Rhenish P ja, have been recovered, according to IN GERMAN OIL BLAST | sia Recovered at)" number of injured has not been ascer- talned. ‘The expiosion, whicch oll tank, destroyed the g! of his limousine In Walton Road, fy Maplewood section of Soutn Orange, My J. last night, was still unconselous TNE QIRRA | day at tho Memorial Hospital at O to the sur-| It was at first thought that Blalp been drugged, but physicians to-day clded that unconsciousness was ent po REA MAN DRIVING AUTO to high blood pressure. Blair SWOONS OVER WHEEL|*! ¥°. 37, Ladki get Ges er the latest reports received here, ‘The The Moe Levy Sale is On!-. 26,562 Overcoats and Suits—our entire stock reduced %4 to %! At these remarkably low prices you're practically buying your clothes at wholesale and less. Entire Stock Reduced! &) Now? 2 Poe No Charge for Alterations! . 1124 were $45 1841 were $50 1462 were $55 | Now 9 Poe No Charge for Alterations! 1641 were $60 ' 1444 were $65 Extra Tailors! odd coat and vest. 842 were $8 960 were $9 KidK/othes ! $m 45 Our Enure Stock of Boys’ Overcoats, Suits and Reefers uP Nw 94 No Charge for Alterations! 3394 All-Wool Men’s Pants N opportunity for men who need to match an Here's how they line up: 921 were $10 671 were $11.50 Sale! Reduced 334% to 50%! TES means every garment in stock—no reservations. buying your Kid Klothes at prices that represent enormous savings. MoeLevyESon | Oowntown I73 Broadway 409 Easti49*St. 149th Street (Bronx) Store Open Evenings Until 9: Saturdays Until 10 P. M. dn the Bronx You’ Entrance on Cortlandt St. Betweenthird & BergenA SUITS were $30 were $35 were $40 2241 1832 1369 1142 1740 1456 $45 $50 $55 : were were were 1182 were $60 1547 were $65 Extra Fitters! Now Now Te # Walker and Cortlandt 4 Street Stores Open t Evenings Until 7: . Saturdays Until 10. se) Second Floor