The evening world. Newspaper, December 8, 1921, Page 28

‘10 TO ii. yesterday amount wet. Lacking news developments of muterial importance, stock prices moved within a narrow range and without definite trend. Even shares that ordinarily move in a mercurial manner in response to manipulation of pools limited the!= extreme fluctu- ations to less than 2 points, and only most marked. There years. French francs rose BANKING AND FINANCIAL. See eee eee 1820-1921 Today is always putting yesterday on trial. An institution, in order to keep pace with the pulsing growth of American business, must use its past progress and achievements only as a starting point for greater fields of usefulness. So, from a small group of traders in 1820 the New York Curb Market has grown with our national prosperity and is today America’s second largest } stock market. Now it owns and occupies a modern exchange building at 78 Trinity Place, and with its ticker service affords every facility for marketing securi- ties that meet its rigid standards. And Jones & Baker, nearly 40% of whose new customers ate introduced by old customers, are one of the leading factors in this great market. They have developed service facilities which make them the natural “information headquarters” for the stocks traded on the New York Curb Market. An interesting booklet on this market and its develop- ment will be sent on request A New York Offices 225 Fifth Aveaue Tel. Mad. Sq. 1377 ($0 Broad Street ‘Tel. Broad 7150 (505 Pith Avonwe ‘Tel, Marr. Hull 7120 ONES & BAKER lembers New York Curb Market Direct Private Wires New York Chica ce r ata Pistabargh Detroit Baltimore Ci 4 Imperial Oil, Ltd. Anglo-Amer. Oil Internat. Pet. S. O. of New Jersey ‘The steady activity and closely affiliated relationships of these com- panies and their bearing on correlative stock market movements is concretely set forth in a special pamphlet just prepared for public . Write for Q-36 L. L. WINKELMAN & CO. 62 BROAD STREET, NEW YORK . Telephowe Broad 6470 c } Branch Offices in Leading Cities Direct Wires to Various Marketo PROPOSAI THE COMPTROLLER OF THE CITY OF NEW YORK will sell at his office in Room 530, in the Municipal Building, on Thursday, December 15, 1921 - at 12 o’Clock Noon $55,000,000—4/4% Gold Corporate Stock of The City of New York, payable December 15, 1971. Exernpt from Federal Income Tax and from the Income Tax of the State of New York. Bids must be delivered to the Comptroller in sealed envelopes addressed to the Comptroller of The City ot New York. Adeposit of 2 1-2 per cent. of the amount of the must accompany each bid. Such deposit must be in cash or certified check upon a New York State Bank or Trust Company, or any National Bank. For turther information see ‘City Recérd,” or con- sult any bank or trust company, or send for descrip- tive circular to CHARLES L. CRAIG, Comptroller of The City of New York. 99 « Features of the Trading, Hour by Hour in very few instances did the price variation from the closing figures of to more than a ‘mancia] interest this morning was) Point ese were quite ens!ly absorbed and again centred muatiy in the foreign| in foreign exchange, however, there the tone was irreyalar rather than oxchange market and the bond mar-| “gain was a hug. volune of busi- — Weak. hess carried on and strength was was heavy buying of demand sterling and in early dealings it rose to $4.10, the highest quotation in more than two mure than 15 points and corresponding strength was shown by the other BANKING AND FINANCIAL, ‘ per sy aa = Sy say 0G ” ¥ , DECEMBER 8, THE EVENING WORLD, THURSDAY Continental foreign exchanges, he bond list, after its recent pro- Jonged upward noveny nt, enjoyed a much needed resting spell. In war time Government issues profit tak- ing more than offset new buying and Libertys geuvraily showed re- cessions ranging from 10 to more than 20 points. Victory 4 3-48 were the strongest of this group and per- sistentiy held at par, Jn the stock market it appeared that the bear element, which has long been expecting a technical reaction, were encouraged by the recessionary tendency the list displayed in late trading yesterday, for in early deal- ‘© wis a comparative large 6 of short sales, In the main Greatest steongth was shown by spe- clalties, such as Mays Department Stores, Famous Players, Pittsburgh Coal, Marine shares and other stocks in which special influences are at work and which are never regarded as market leaders. Much attention was pald to St. Paul and other ralls, which led the down- and were ably to show net gains of a point or more In the leaders. Pe sons in closest toucn with the lead- ing copper companies state that a merger Is in process of negotiation which will have Important e! shares of certain of the South American and domestic panies. While much buying of the copper been based in large part on improvement in the nielal position, there is hardly any coubt but that strong Interests have been accumu- lating coppers with the probacle consummation of the prsposed mer- wer In mind, Foreign exchange rates continued to command more banking attention than the stock market. Demand sterling continued to rise and touched $4.10 5-8, a net advance of well beyond tw cents, Wrench francs showed a net gain of 26 points, This strength was in the face of cable advices, apparently | well authenticated, that Great Brit- ain and France | had tentatively agreed to permit Germany to make reparation payments in goods un- Ul that country ts able to strengthen its financial position and renew cash payments. 12 TO 1 | the noon hour and seemed unable to make definite progress on either the up or the down side, Most changes were upward but advances |__were comparatively unimportant. Buying of Pittsburgh Coal was based on the report that that company will enter the proposed steel con- solidation, Ajax and Lee Rubber and Tire gave small response to rumors that these two companies are to be merged. An effort was made to mark up American Car and Foundry and American Loco- motive on the report that a consoli- dation of these two companies is on the tapis, Several other reports of impending mergers were heard, but as far as could be ascertained were without substantial foundation. The only reports of this nature on which reliance. can be placed are those having to do with the merger of independent steel companies and the merger of certain of the im- portant copper producers. \TTOF. | Most activity was found in special- ties during the fourth hour while the Hst as a whole developed a somewhat easier tendency. ward movement late yeaterday.| am safety Razor .. The decline in Paul and other|auw snip & Comm rails has been accompanied by re-l am smelt & Iuf.. ‘ ports that these carriers would be|‘am § & It pt + unable to have their loans from the | am snuff Wed 1% + 3% Government renewed. There is ab- uy - solutely no basis for such stortes, and although the highest official of the St. Paul gave out a reassur- ing statement regarding the road's flpancial position, the stock was un- able to rally more than a small! 5 fraction. Other rails were irregu- 128% = 1% var Am La France, sh }Am Wool sou — 1% [a Am Wool att + % | il TO 12. Av Zine —_—_— * | Am Zit Ihe market displayed a some iene LEC | firmer tendency during the s Rtchists ity } hour, Coppers assumed leadersh'p | 4 y The market backed and filled during | ¢ Net Oua'er. Adame Expres —% Adv Humely Ajax Rumer Alaska Gold. Alanka Juncau Altie-Chalinem o~ Allis-Chaimore 1 Ain Age Cham, Am Bank Note Am Beet Sugar .., Ani Brake Shoe Am Can Am Can pf : Am Car & Pury. Ain Cotton Oi Am Drug Syud . Aim Express, Am Hf Leather. Apt WY & Leather Am Ice. Am Inter Am Linseed Am Loco .. Allied Chem. + % 4 Phbettbe Atoinon Ry pf Atiauta, Birm & A Atl Gulf && WI, Atinnti ald Lavo Balt & Balt & 01 Bets Steel. Beth Steel Beth Steel Booth Fish Bidyn Rapid Bursa Bros Uutte Con & Zine Butte & Superior . Butterick Co Caddo Cent Ou Hf Packiny . If Petroleum Alumet & Ariz ! Leather tal Leather Rol NI. ‘yr De Vasco. Se stnller Motora i & Ohio OMe SP RR. OM & SPER Dp, % CM Fnew ‘Toot 1 CRE... 4 ORL & P Bye of % ORLE 2 BP The vf Chi Great West. Gut chi my & No itr. le Conper . Col Col Gas & Elec. Columbia Grapho. Comp Tab & Rec.. Conall Clrar. Consol Gas & Southern... Consol Textile cry Con Nuiter Cal Min, Cont Can ses.eses Cout Ineurance,, Cosden Oil Com Prot... Crucible Steel... Cuba Cane Sugar, Cuba Cane S pf... Covsol Distributers, Chandler Motors was sold on the be- | lef that when directors meet next week the present dividend, which | Is at the rate of $6 a share an- nually, will ‘be discontinued. It sold down nearly 2 points, and other motor hares, including Studebaker, which was the most active stock on the list, foliowed' in sympathy. Pittsburgh Coal continued strong and Marine shares were still favor- | ably influenced by prospects that the company will soon receive something like $15,000,000 due the company from the Government, and it will then be possible to make a substantial payment on account of the accumulated dividends on the preferred, which amount to 42 per cent. Coppers were able to work up to new highs for the day, with Smelters showing a gain of more than a point, but the steels, rails, tobacco, oils and equipments turned heavy. 2 TO 3. | The market continued irregular to the end of the session, Rails closed of yesterday. Copper shares were fractionally under the final figures | |! | Shell Man Elevated § fean Petroleum. 119% Mina Copper 8... 25% Middle States Gil. 13 Midvale Btect ..... 28% Mo Kan & Texas, Mo Ki Mo Mo . Mout Ward 13 Mullins Body ne National Acme Nat Cloak & Suit, Nat Enam & stp, Nevada i Ni w York Contral,. © York Dock . NYNM A H. NY Ont & Went Oklahoma P&H Ontarlo Silver, Orseaum etre Olle Elevator . Ovens Bottling . Pacific Pacific Am Pet Venn sea Steel He's Gas... Marquette. Phitata Company. Pte & Wen Pond Creek © Brewed Stee © Rail Suet Sprimmgs Roebuck pf. ry Sinclair’ OU Siow-Sheft So Porto Ri Southern Maclfic Southern Ry Southern Ry pf SONI Studebaker Texas & Pacific. Tex & Pac Coal, ‘Tovaceo Products, ‘Transco Oi! Union O . Pacific . Pacific pf. Alloy Wabash pf B.., Wee & Heil... West Pacitic Corp. West Pac Corp pf Wisconsin Central Woolworth... Worth Pump Worth Pump pt *bx dividend, (089,300, rights, ‘Total eales ————. ; @ble to retain most of their eariler | gains, Olls were practically un- | changed. although there was a dé- termined bear effort to depress Mexican Petroleum in the last half hour, American Sugar and other ugar shares were affected by the announcement that a shipment of new crop. Cuban sugar had sold at | 2 cents a pound, including cost and ht, a new low red figure. Lonses in tire stocks, equipments and motors offset gains in Pittsburg Coal, Marine shares, Corn Products, the chemicals and other specialties. The wheat market turned strong in late dealings and closed with a net sadvance of nearly three cents a bushel. Cotton was strong in late dealings, showing a net advance of approximately $2 a bale, Foreign exchanges continued strong. Money on call rose to 5 1-2 per cent. in the last half hour, pee FOREIGN EXCHANGE OPENING. Sterling demand, 4.07 3-4; cables, 4.08 1-4, unchanged; French francs, demand, .0756; cables, .0767, up .0008. Lire, demand, .0481; cables, on Geo Aspbalt pf .. 105 10th 104% —i% Gaston Wi & We % % % General Cigar .,.. @ 68% 68% — % *General Electric . 187 186% 1364 —2 General Motor .... 11% 10% 11 - % General Motor ded 82% 82% 8: , General Motor 6 po 72% 2 Goodrich O% MY Grnby a a Great Northern Oy 7 Great Nor Ore..... 31% 20% Greene Cananea ... 26% 26% Guan Suge) Th 7% Gulf States Steel 6% OH Haskell & Barker. 0% Houston Oil md Hupp Motors 12 w Tilinole Owotral ... 100, 9 9 — Indiaboma Refining 4$ 4% 4% — Indian Refining ... 9% oy % Towciration Copper, $814 87% n Yater Cone Corp. . 1% 1% Inter Cons Com 444 % Toter Agr Comp pts. 3TH (37 9 ST — 1 6 BI Be ea 2 » Inter Paper +. BY 32% Bay Inter Mer Mar. 16% 4% WK + & Inter Mer Mar Gl, 4% GN Ob + Inter Nickel .. us Ne MWN+ % Tnvineible OW c.sce 12% 118 32 2% N+ ws 4 me % BB N ‘ ‘2 ae— % Kelery Wheat . eo, « eo Kennecott Copper, 234 2% Wh — %& Kerstone Tite. i+ % Lackawana Steel, 1% LB & Wat., 1% 1 Leo Kad & Tire. % Lehigh Valley % Loew's, Ine ig Loft, Ine 4 Loase-Wiles wal? Lorient % Louis & 3 a Manati Sugar, % .0000 1-2. Belgian francs, demand, 0727; cables, .0728, up .0006, Marks, demand and cables, 0051, up .0003 t-2, Greek drachma, demand, .0405; cables, .0410, unchanged, Swiss francs, demand, .1933; cables up .0002, Gullders, demand, .3583; cables, .3585, up .0005, Pesetas, de- mand, 1416; cables, .1418, up .0001. Sweden kronen, demand, 2396; cables, 24, unchanged, Norway kronen, demand, .1442; cables, .1447, ‘ff .0008. Denmark kronen, demand, 1880; cables, 1885, up .0005, LIBPRTY BONDS. LAberty 8 1-28 opened 96. tirat 41-49, 97.60, up .06; second, off 10; third, 97.80, off 10; 91.62, off .08; Victory 4 3~ -1925, | Hellas, Curacao PRIDST ILL ON STREET. | The Rev. Glusepp! Moleta, a Roman Catholic priest, was taken to St. Vin- cent's Hospital to-day after he had been stricken by eudden illness while passing in front of No. 3) East Forty-second Street. Father Delaney of St. Agnes Church, Forty-third Street near Lexing- ton Avenue, happened to be passing at the time and and took Father Moleta in @ taxicab to St. Vincent’ His condition ts not serious. | aovPltal. SHIP NEWS INFORMATION Due To-Dey. Alfonso XIII, Corunns. oy juin, Turks island. Information as to THE CURB LONG 2100 Carlisle ‘Tire 10 Calulola Co 1100 Chi 100 *Chalmer righis 609 Columbia Emerald Scom FF. 100 Curtics Air 000 “Denver Rio G pt. 200 Durant 26000 Durant 600 Farrel 100 Fazrett 19 Gitiette 100 Georges 500 Gibson Howell . 1900 Glen Alden Coal . 100 Goodyear ‘Tire 100 Goodyear Tire pf. 300 Imperial ‘Tobacco . 200 Inter Rubber 100 Int Prop .. 200 Lincoin Afotors A 400 220 Radio common 409 Radio pr .. 1100 Southern Coal d Irony 100 Btandard Motor 500 Bweets Co 10090 S Ship Corp United 19200 4100 U1 190 600 3500 900 Balt Creek Prod 1100 Sapulpa Ret . 100 Seaboard 1500 Simms Pet 260 Skelly Of . 200 Bouthem PR .. 700 “Texon O & L 0 Victoria Oll mew .....6 1 00 300 30 M5 Rey Cooper 1000 Meading 4.00 Heading 24 700 Replogle Steel. i) Nep trou & Stee! BS | 1000 Republic Motor... *) 3700 Hoya! Duteh N ¥ eo StL & Sav Fray. 200 « +1 | 40 4009 Saco 8 100 Merritt On 200 Mex Eagle 1100 Mexico On 100 2400 100 409 1.0 Alvarado Min 2000 Am ‘Tin 5200 Big Ledge . 34900 Bost & Mont .. 100 Calumet & Jerome ., 2500 Candelaria M 9100 Cons Cop M.. Ft sit. 2 5 5 1 5 1 5 6 rn *Wiliys Com Willys Corp dst 4 Angie. Buckeye .. ain “Boone Oil “Boston Wyom!ug Carib Cites Cites Create Cush! *Pdmonds Oil. Elk B *Vuloan Of . ‘Western States White Wiloor Ol | 400 Woodburn. $500 *¥ OW 1000 Ray Hercules ‘3C0 Rochemer SU 1360 Bo States. ‘00 ‘Ton 1400 Tono Livide ralten Ou, wallied Ot Arkansas Ni Xipple Motor Motor wi, Coal pt Safety Razor, Clothes rd Motor STANDARD 0. am Ou . 85 n os Fuel . st 4 Sond Berrtoe Service old sro ing Pete asia Pee. Eagle 8 ILS, % dvs ih oi rit ea toa 100 90% 108 130 Rermedatt “ore ar 97 or Beth Steel 100! ie Beth Geel « 100! ‘190! Beth Steet 160" 100! Can’ Pao 63 ih 100%, Cent Stee) ity it Clits Service Te GL. 84 3 col. Sean é Sper Nee 18 Copper Ex) 102 =o HA Ta 104 ate Salone 04 Helns "00 Hamble: Ou te on br Tun a L 99 Manitoba Tow Ts t Net Leather Se 7! Ny N “ Hi drove Otis Bteet Se fy me Co be 95! I leo “ee 100 st | MISTER 44 By E. J. RATH Surprising Story of Love and Humor Coprright, 1921, by the Ball Byndicate, Inc. SYNOPSIS OF PRECEDING CHAPTERS. CHAPTER IX. (Continued. He left the office wondering what they had done to Sadie. He went back to ask. “Oh, yes,” said a uniformed person, “She came through early this morn- ing. “She talks United States.” “Did she happen to say where she was going?” “Her ticket read to Buffalo.” Stoddard went to Buffalo by trolley rather than wait for a train, and it was evening when he reached there. It was too late to hunt Sadie. He found a cheap hotel, went to bed, and fell asleep promptly, and in the morn- Ing made an carly start, beginning with a shave and break: This left him $1.60 of capital. Part of this was invested in a telegram to New York to his firm to wire him funds at once. The Challenge Shirt Company was easy to find, The man he met In the office turned out to be Mr. Halsey, Sadie’s friend. “Porter or driver?” asked Mr, Hal- sey. us| 4%! rol ie v4 | qo | co | 1 a | rr 3% | 2 | a 1 a ery 209, 3001 15 93 rf He 103 103 100% 10: ioe at “What?” “You are looking for employment, I ake it, See the boss of the shipping department. Two doors down the street.” Stoddard laughed. “Thanks. ['m not looking for ajob. I'm looking for a Miss Hicks.” “Hicks?” repeated Mr. Halsey, puzzled, "Sadie Hicks.” “Oh, Sadie! Yes; 1 understand. Sadie left here last week, I'm sorry to say.” “I know she left,” said Stoddard, ‘Did she come back?" “T haven't seen her. You might.in- quire in the packing department. Mr. Ferguson is the Superintendent. One flight up.” When the figure of Stoddard ap- peared in the doorway thirty girls stopped putting shirts into boxes. Thirty pairs of eyes stared. No, 17, who was nearest to Stoddard, gave, him a roguish smile. Stoddard grinned at hee and accepted her as a friendly person. b, “]'m looking for Mr, Ferguson,” he said: No, 17 glanced around the room. — “He'll be right along. You couldn’: find him. I bet that’s one of our shirts.” . “You win, ¥ou don't think he'll be long, do you?” “No, indeed, Ain't you ee impa- rty! Live in Buffalo?” es New York. Is this Mr, Ferguson coming?” asked Stoddard, inting. Px. 0 looked across the room—and immediately began to pack shirts into boxes. “phat's the guy,” she sald over her shoulder. “Glad to 've met you, I’m sure.” Ferguson came across the packing room with a quick, nervous shuffie, “Well, what ts it?” he demanded. “Tm looking for @ Miss Hicks.” Ferguson's eyes narrowed to slits. “Oh, I fired her last week,” said the Shrimp in a grand manner. “J understand that,” observed ‘Stod- dard. “I came to 3e \f you can tell me where to find her. “Don't know nothin’ about her.” “Can you tell me where she lives’” “1 tell you I don't know nothin’ about her.” “anybody here likely to know?” persisted Stoddard. “There ain't nobody goin’ to quit work to talk to you while I'm runnin’ this shop,” retorted the Shrimp. “This is an important matter,” Stoddard said patiently. must lo- cate Miss Hicks.” “[ ain't got time to waste on you,” declared the Shrimp, turning away. He felt his progress gently arrested. ‘Then he began to slide backward, A large, sinewy forefinger inserted be- tween his leather belt ond his person was the cause of the phenomenon, “You mustn't run awry so abrupt- ly” chided Stoddard, “I am talking 383% | to you very clvilly and it's not nice of 104% 100) 104 300 103 you to be discourteous to me, Now, who can tell me something about Miss Hicks’ “You lemme gol I tell you she's gone!" snarled the Shrimp, still struggling. “I fired her! I'm pretty particlar about people I got workin’ here, Gotta protect other girls 100% | from"—— 1 104s The Shrimp paused abruptly as he $'. |caught a look in Stoddard’s eyes, “If 00% | you say another word about her, I jis may kill you,” Stoddard remarked 198% | quietly. “I have heard of you, You fae are the Shrimp. You're too small to be thrashed. Yet {t would be wrong to suspend punishment entirely. Go J shall spank you.” An instant later the Shrimp’s squirming figure was deposited face io Hicks, pecker tm e shirt fectory, pinned » note in the pocket of o sine 44 being made for @ lunatic who had thrust, Betty's Afver thetr | saw that EZ 6 departure, Stoddard Tp fect, hher to the afternoun train et 1m, canoe, who wero hunting the “lunatic,” escaped them aid ‘He mado Als way to Butt downward upon a pile of shirts. With @ hand gripped in the Shrimp's collar in order to hold him in a proper position, Stoddard very methodically spanked him. The Shrimp roared. So did the packing department of the Challeng Shirt Company. Three persons rushed in from the cutting room. But nobody iaterfered with the big man. The Strimp was projected by a mighty push from Stoddard’s arm, slid along ten feet of table and dived head first to the floor, where he lay kicking and snarling. Stoddard walked out of the packing room. “Peat!” No. 1 be was standing on the landing ning frantically. slid out durin’ the excitement,” she explained. “My, but that was 4 show! It'll finish Ferguson. The mutt! Say, he lied to you. Sadie was in here yesterday. Came in lookir’ for her job back. He could ‘ve give he One, too, ‘cause we're short giv But he wouldn't.” “Where did she go?” asked Stoddard cagerly. “Don't know.” answered No, 1i “There ain't none of us knows. Only she told No. 12 she needed a job bad and was goin’ to find one before thy day was out or know why. Here address where she did live, It's a boardin’ house. Maybe you can get track of her there, If there's any in- a fo’ L can pick up about Sadie, just 17 lemme know, No. Name's Alice A-l-y-s. “Goodby, Alys,” he said. thankful, Reaching the street, Stoddard svt off at a brisk walk. The boarding- houge was clean, but prim and cheer - less. “I am looking for Sadie Hicks.” he told the landlady, “She left last week,” was the an- swer that accompanied a swift andl suspicious inspection of his person, “Been back?” “Came here yesterday but her room was let.” “Any idea where I can find her?’ “No.” The door closed simultaneously wit the answer. Stoddard revisited the telegraph «! fice, but there was no response to h message. He was hungry. Four cent~ invested in newspapers had left him cighty-one,cents. At last he found a place, Standing on the sidewalk was a sign that re- lated the entire menu—all sorts of combinations “with coffee, tea or milk.” Stoddard seated himself at an unoccupied table, gave his order to an impatient girl. Presently there was 1 crash of dishes directly behind him. He turned to inspect the wrecked my number “Ever so afternou: tray. Then he glanced upward at the aproned waltress who had dropped it, Sadie! Stoddard stood up and said sti- pidly: “Hello!” “Hello!” she answered like an ech “Say!" rasped the customer who hai! waited for his chops, “think I'm pay in to have my meals served on thi: floor? This fs a deuce of a restai; rant.” Following which, he tossed his naj)- kin aside and walked out of the place. A fat man running from the reu; shook his fist in Sadie's face, “You said you was a waitress!" ho screamed shrilly. “Twenty cent«' worth of dishes gone, a quarter's worth of grub, and a customer!" “Shut, up!" said Stoddard shortly. “Come on, Sadie.” “She comes to work only this morn- in’ and——" “Well, she's quitting now.” Stoddard had Sadie by the arm. Outside on the sidewalk they rapidly left the scene of disaster behind. They turned into a busy shopping strect and began bumping into people. Stod- dard brusted them aside ani dragged Sadie onward, She found herself fairly running. Bhe realizad that a crowd bad started to follow, laughing and hurling sidewalk wit, “We're followed,” she infurmed hesitatingly. after us,” Stoddard glanced backward as if abruptly wakened from a dream, They reached a crossing where a trolley car had halted. He propelled Sadie aboard the rear platform and followed her. The car went forward m “A crowd of people are and through a suburban section. Sadi knew it well. She had ridden out hat way on Sundays many a time. She was glad that they were leaving the city behind, for she know that she presented a dreadful spec- je to the eyes of urban dwellers. ‘All out!" De Net Miss To-Morrow’s Interesting instalment. ~