The evening world. Newspaper, June 27, 1922, Page 18

i : f oh ae THE EVENING WORLD, T ure Ba i 4 UESDAY, JUNE 27, 1923, | THER $100,000 |/nor On THE TICKER - NOW AVAILABLE |) IW WALL STREET High. Laat, Chae. High. Ad Expre » OY 4% + 14] Louls & Nash 120% An Intimate View of Ady Rumely ses 8 18 % [Lima Loco 108% ' Ajax Rubber .... 14% 14% Manat! Sugar “4 Financial Men and Affairs.) |} Atis-onaimors ... 40% fo — | Martin Party 5 30x _S Pe tage i oe y | Math Atk Whe... 42 i H 7 Am Brake Shoe a a well Motor A 06 Questionnaire of Exchange}4” 0." ou ts — | Maxwell Motor Bax Governing Board on Mex. | Am Cotton on. 26% May Dept Btores. 110% Am Express Am H&L Am Ice Am Interna By R. R. Batson. Am Lingeed Ot MR. F. Robertson, Former Part- , her of Stoneham, Agrees to } Pay Additional Sum. Mexican Petrol... 199 Miam! Copper ... 28 Middle States Ol, 13% Midvale Steel .... 33% Pete Laughed At. vf 103% " rtd Minn @ St Loula, 11% ‘There seems to be comparatively in Gree wf Mo Pacific ... 21% Tew responsible people in Wall Street | * ieee) Mo Pacific pf.... 58% Am Safety Razor Ross F. Robertson, former partner) wig fail to place the blame for the! Ar, gin & Com fm the brokerage business with] latest remarkable exhibition of fire-| 4m gmeit & Ref @haries A. Stoneham, has agreed to] works in Mexican Petroleum stock ON /am Steel Fary Pay $100,000 to the receiver for B.| the Governing Committee of the New|Am sugar x York Stock Exchange. Am &@ pf D. Dier & Co. who failed last Janu-| "yy this the Inference is not intend-|Am Sumatra Tob @ry with labilities of $4,000,000. This]eq that Governors of the Exchange, |A™ Tel & Tel fas announced yesterday. This| collectively or singly, have partici-|4™ topar f™ekes a “contribution” of $800,000] Pated in ipulation of that lam top ote 1 from Charles A. Stoneham & Co., Mr. | f°C% commonly agreed! Am cn Mont Ward ...... 22% Nevada Consul. 16% New Or, T& M.. 8% 67 New York New York . 8 NY,NH@H.. 2% 27% = + Ont & West 26 25 95% — Norfolk & West . 107% 106% 106% — Northern Pacific 76% 75% 75% — Oklahoma P&# R 8% 38% 8 — Ontario Sliver... 7% 7% 7 Orpheum Cireutt . 18 +») The Stoneham settlement is the obtained. Other contributorr } amounts were: Col. . Willa es, former Dier partner, $100, ; Robertson, $100,000; Mrs. E. D. that their offense is one of omission|Am W Wks @ El. 14% 193% @toneham having agreed to pay} rather than commission. pept U% 84 $200,000. Last Thursday the Governors of Weel eee ‘ a Meg thin the receiver, the Exchange sent to members a/Am Woo! ....... 89 8 8 ree A Se CAPs See om questionnaire for the purpose of as-| Anaconda 52% 51% BI — Manfred W. Ehrich, will present to Annociated O11 .. 115% 115% 115% — 5% certaining the number of shares Mem-| ji ion Ry .... 00% 98% 98% —1 | Otls Blevator . 1M the United States District Court a] ners were long of or short of that] Aicnison Ry pe. 91% 91% 49114 — %|Postum Cereal... 80 Proposed settlement showing the col-| night, and how. Pay ae were| Ata Birm & Atl. % 8% — foes i Corp. 7 abo being borrowed or loaned. In many] At! Const Line .. - Pac * ‘ Hotion of about $700,000 in sesete.| Pon age houses this questionnalre| Au Gut a W 1 Pan-Am Petrol... 85% Of this, $500,000 represents settle-| v1. 4 source of merriment. The ques-| At Guif & WT pf Pan-Am Pet B... 81 tment of claims against individuals.|¢jion was immediately nearly every-| Atlantic Fruit. os i Lid H ee f 42% fhe receiver hopes to gather $200,-| where heard: "If the Exchange really Salt eine, . bse I sod 4 oY et vi 1@0 additional from other claims,| desires to probe deep into the Mex. tis 4 onie pt... , Philada 00... 38% S8M SB a \ Pete situation why do they confine Print . total estate of about $900,- Barnedall Ao... pps Petrol... 51% 50 50 — 1% ‘ing a to ‘“Ithe questionnaire to the position of | par: iB... Pierce Arrow .... 19% 18% 19% — % members at the close of only one] Beth Steel 8 pc. Pierce Arrow pf.. 37% 36% 36% — % day?. Why don't they make the ques-| Beth Steel B . Pierce Ol ....... 8% 8% 84 — \ tionnaire cover a period of several | Booth Fisheries... Pittsburgh Coal 62% 61% GIh — % days, so that they could much more ede iN Tran Pitts & W Va.... 37 effectively trace the source of the buy- |" ® 7 stts. Pond Creek Coal, Bklyn Union Gas Pullman Co .... ing and selling, and more correctly - BAer, $32,500; B. Frank Shrimpton, Brown Bhoe % | Punta Ales Sugar 48 ae cke Dir Manager, $25,000; Law-| ‘determine whether the sky-rocketty | purna Bros A Pure Olt ee... 30% movements of the stock were due to] purns Bros By. Vioducer & Ret.. 48% nothing moré than wild manipula-|putte @ superior. Rand Mines 000; and “‘a broker,"’ $10,000. tion?” ‘The broker's name does not appear fm the legal papers and was not re- the receiver, Sete itne ta beste #101000 cat pa|the market tumult in Mex. a Reading 24 pf. 1. cd the Dier firm from a $3,090] Last Thursday, when It was decided Sou pak, bein pe da de aie Do bald seaiset &. to send out the now tamous:question-|Cenirai Leath pf 10 10. 70 Rep Iron & Btect ‘Claim against Stoneham arose from|taire, Mex, Pete was selling at 186.|Corro De Pasco. 35% 35% 35% Republic: Motor. he fact that in liquidating his broker- | On the following day it was compara- wee Starr, former Dier partner, wit Royal Dutch N ¥ business he transferred accounts 70% 68% 68% — 1%) Pierce Ol pt. oe bis customers to Dier. About half| 10 points from OOH — THEE Usp eect bieed 1% of the Dier loss was sustained by for- | Thursday. 1 10 10 — % i % mer Stoneham customers. Some of| Meantime, no official word came]! & ay wre 4 bls aN * : hy these persons contend that Stoneham|from the Stock Exchange regarding |© Mf * 8) Rt o ed sou a1 — 144 [808"#-Roebuck 11% DK 1K — 2% fg able for more than $1,000,000, but] the results of its investigations. But|Gni pneu Tool. 6% 65% 65% — 14] SeDeca Copper .. 13% 13K 13K — % fhe receiver pointed out this sum] after the close of the market on Sat- ay 4 41 — 1% me i er. 1% 41% 41% — 4 might be collected only after. bringing Dh H% WH — H ios pate s 82% 31 31% — 1% weveral thousand individual suits. 20% 20% 20% — 1%] gone She! tel. 43% 43% 43% — % Another $100,000 in assets may be bap te. 16 — Won we anode nde hy 4 — 1% recovered in a suit now pending} of Exchange authorities—that ‘‘there| Onle Copper .... 20% 20) 20% — i gouthern Ry pf.. 55% 55 55 — % against Charles J. Kisemjohr, wealthy | ts no intention on-the part of Ex-| Chino Copper... 20 boies a — Sl wtand on of NJ 1s) 182 188 — 1 Philadelphia cigar manufacturer. AG-|change authorities removing the} Civ Cin Cha 81 Welk atte ts }] Stand on N sprite 116 116 cording to testimony at a secret heaf-| stock from trading." It was the re-|Cormat a ir... a 200m yp Stewart-Warner . 434 1% ing on the affairs of the bankrupt] moval of Mex. Pete from trading} col a Sou Ale 45% 48% ad — | Strombers % wahrribne cops based | lators. Columbia Graph 4% ° 4% 4 after the receiver was appointed, Final ‘This. assertion went ugdenied or|com Tab @ Rec 64 63% 62% — HI TVD ON oT 7 argument in the suit to recover this! without qualification by the Exchangs| Consol Cigar .... 4% MH M&+ WEEE Ye Tt % stock will be heard in Philadelphia} yp to the time of the opening of busl-| Consol Gas ...... 116% 116 115 — 1% jem 10%, « mext Thuraday. ness yesterday, With the manipula-| Consol Textile .. 1% 1% ih + % No offer of a settlement has been] tors apparently not having incurred} © Inter-Cal Min 6% = 8 $-%* . made by Dier and the receiver be-| the displeasure of the Exchange, | ©! Distrib % % % da 7 everyone was prepared for a further] Coden Ol 2 10 1 tified, however, that Dier had re- 4 be Beived $40,000 in bonds from Bell & Fr! Fb ©., of Philadelphia, members of the % 27 ww York Stock Exchange, just be- % 1% the failure. % % BDier will be examined at a hearing | of the news agency referred to can be| De Beers Mining 2 fore Referee Seaman Miller next] relied upon, the main consideration of | Del Lack & W “ day. Several scheduled hearing4| xchange authorities in deciding nut| Petro!t Blin * “% Mave had to go over because hhe| to remove the stock from. the list and| DoS oaes Ba u failed to appear. that a ‘corner’ does not exist, wus] rikhorn Coal % “Inability of the court stenographer | that the issue has always been avall % @ furnish counsel for the complain- % @mt and the defense complete copies 2 @f the testimony taken at the last] reason that the really expert way of | Erie 24 pf ... Hearing, June 19, caused postpone-| encouraging a short interest in din-| Famous Playe % ment yesterday of the adjourned ex-| tress is to make a stock easily bor-| Fisk Rubber : mination of Mr. Stoneham, from ‘As an instance, a company | Freeport Texas he an accounting in a stock trans- share capital of 100,000] Ge Asphalt - Cigar. a ion {8 sought by F. R. Wilson of s of mantpulators who | 9°" ie 166 «165 «105 2 Hiitecesesron tu.” The cose cazse| tad effected w “oornsr” say owa the p seth nied Magistrate Simpson in Jef-| entire capitalization. Gen Motor pf. Market Court. If they desired to wait for a time] Gon Motor Deb. pit veda) they considered propitious before} cen Motor 6 pe $45,000 NECKLACE happened to be short an aggre- OF PEARLS SUBJECT PACA ASHE panda dann il y ulators who owned the entire capital- OF WOMEN’S SUITS) zation coula make it appear that a corner did Lead Ws prepetd tO] nydraulic Steel .- | loan from shares ‘Argument Over Matching] through a dozen or more Stook Ex. | HOU" ON One Gem Is Taken Ag ig og Cac ena Before Jury. HE. I. Doheny, Chairman of the | Inspiration Cop. Mrs. Ernestine Schroder, broker in| Board of Directors of the Mexican | Inter Cons Corp. gems, sued Mrs. Marinda Leith of H Deal, N. J., in Justice Erlanger's part f Supreme Court to-day for the balance she alleges is duc on a $45,- 000 pearl necklace purchased by Mrs. 4%s, 109.62, off .02. Leith more than a year ago. Schroder FOREIGN EXCHANGE OPENED bought the string of sixty-three gems arg @hrough John W. Paris., Inc., im- sews! Tee. : A tering, demand, 4.415-8: cables, erekecesrces Total sales 880,700. LIBERTY BONDS. Liberty 8%s opened 100.06; Ist 4%s, 100.20, off 2d, 100.08, up .04; 34, 100.06; 4th, 100,16, off .06; Victory Pyititiettid » ‘Tea.. ~ iad porter, No. 627 Fifth Avenue. Tho that because of that break Jesse Liv- lint com> Ene. % eae 3 cate tostace oe ease went to the jury late this after- % . ‘i § pl pal in Lire, demand, .0476 1- Mrs. Schroeder claimed that Biys.| by persons who know him hest that|Kelsey Wheel ... oO pitied ee Belgi: paid $41,000 on the necklace| he was short @ total of 40,000 shares | Kennecott Copper ve * nchanged. Marks, '.0038 7 mm she made the purchase in Feb- erage price of about 164, | Kr7rone Th aR 184% % ry Greek drachma, de- Wary, 1921, prior to her sailing to + TO% 19% ‘ cables, 0320, unchanged. Burope, leaving a balance of $4900. dais Seek eos Re a4 nd, .1896; One of the pearis failed to match its Leigh ve 1” ‘i mate on the opposite side of the neck.| last year mightily @isplensed Dokeny,|ioen's Inc --..-- 10 14% ? Jace, and the plaintiff says she agreed| D° 18 in @ position to sympathize with | Lert : : ss! pak Scot, ethones to somes astounding source. The syndicate|: Swedish kr., demand, at Denmark kr., demand, .2185; cables, -2140, up .0020, to exchange this pearl as soon as she ould match it. She offered one in ex- change valued at $3,200, but avers ‘Mrs, Leith selected a pearl which caste $9,000 instead. fer i ee am Riock Sohenwe Mrs. Schroeder asked $4,330 as the] Brothers, members of the Stock Ex-| for the pose, is claimed, of i ey Whlance due on the necklace, while] change, under which Livermore was etongs SWEEPING ORDER Mes. Leith sought in a counter suit}to market 100,000 shares of the Sen-| ange house could be made to live $4,606 as the difference she had to pay|eca Copper Company for Lewisohna.|¥P to & contract it had signed. It IN WEST VA. FIELD Am matching the necklace. This stock had been in the treasury] said by persons who are intimate the details of the matte = | of the Seneca Company and under an] With all o | FAIRMONT, W. Va., June 27.— HE USE agreement made with the Stock Ex-|that Livermo Th ae Hotified in effect anne enjoining order issued by Circuit S CIRCUS change it was not to be issued untii|that, inasmuch as he was not a W. 8. Meredith yesterday teed for|member of the Exchanze, the sudge TO BOOM HERSELF |!t« company Me tcation had’ been| change could Not ter its way” clear] méainet,the United, Mine Workers (@ \ FOR U. S. SENATE] «iveo the Stock Exchange, When the to act as referree in the dispute, | {)KAtICY Me tied. It was granted on . nea cihtoy, contract between Livermore w= a *k Fuel Com- isohns was made the Seneca Company| For information of stockholders of Fee et etna ar oicwe Taine a RENO, Nev, June 27. |nag not. been reimbursed for the|the Seneca Company wio have been|yny neunek One Of Wales Meme ot Mrs. Rie Adams-Williams, | stock, nor was it reimbursed during| fondly expecting an early and sub- @andidate for the Republican : week subsequent market operations, stantial rise in that stock it may be a ee Bomiination for United States See ee eee s ttn atzak up tolatated dine LAveFmOre ati han ecalll one Cn tne Ereedent 9 a the United Mine Worke Benator, has taught her male op- |anove $28 a share, Lewlsohns re-|on 100,000 shares of the storie at se [amin Of the vinittd Mine Work ponents a new political ma- | ceived it at $15 a share and it was|a share, and that this call runs until] workers and even unnamed persons, Mocuvre and her tactics are agreed that they and Livermore| Sept. 1. all enjoined from in any way Inter- “erousing lively interest. should divide market profits over and} It does not eem & ras) prediction| fering with the operation of the com- Mrs, Williams is following cir- | above a little more than $16 a share. |in light of past events thar 1 pany's mines near Hoult. @us companies across the State But the syndicate thus formed and] will call this stock aneuid jt Officials, successors, agents and and in thie way finds opportuni- representatives of eleven union locals fies to address large audiences, are under the restraining order. BANKING AND FINANCIAL, | BANKING AND FINANCIAL. | BANKING AND FINANCIAL, RR A Bank Statement that any Man or Woman can understand / THE Corn EXCHANGE BANK ~ NEW YORK Statement of June 23, 1922 The Bank Owes to Depositors . . . «. . $208,137,679.34 A conservative banker always has this indebtedness in mind, and he arranges his assets 80 a3 to bs able to meet any request for payment. For this Purpose We Have: (1) Cah cs 5s + «+ $34,820,556.23 . . . . (Gold, Bank Notes and Specie] and with legal depositories returnable on demand. [2] Checks on other Banks SNC AN aac 18,473,342.72 Payable in one day. [3] U.S.Government Securities . . «\ . 76,219,500.51 [4] Loans to Individuals and Corporations ‘ % 19,674,898.42 Payable when we ask for them, secured by collateral of greater value than the loans. (5) Bonds. . «% |. Ss 25,818,023.60 . . Of railroads and other corporations, of first quality and easily salable. 43,996,809.14 ! (6]) Loetis ces ss ER eee Gace Payable in less than three months on the average, largely secured by collateral. [7] Bonds and Mortgages and Real Estate Ses 4,037,633.00 [8] Twenty-nine Banking Houses . . . . 4,399,225.16 The head office building stands on our books at $1,675,000 and the twenty-eight branch buildings at $2,724.225.16, all located in New York City. Total to Meet Indebtedness 3:3 bol Bagel 6 [9] This leaves a Surplus of Ss . Which becomes the property of the stockholders after the debts to the depositors paid, and is a guarantee fund which we solicit new deposits and retain choos which have been lodged with us for many years. . $227,439,988.78 $19,302,309.44 Our listed resources, enumerated in this statement do not and can not’ include those assets of friendliness and pags oe which this bank has in the personnel of its board of directors, its offi- cers and employes. ese are assets which pay dividends to our patrons in service and satisfaction. es ~% ; ; The Corn Exchange Bank is prepared to supply you with Banking and Trust Service through its Fifty Offices located in Greater New York Member of New York Clearing House Association and Federal Reserve System SAVINGS BANKS. SAVINGS BANKS. SAVINGS BANKS. GREENWICH SAVINGS BANK Sixth Avenue and Sixteenth Street, New York DIVIDEND TO DEPOSITORS, JULY 1,|1922 AT THE RATE OF Deots ate ce Four Per Cent N, W. Cor. 14th St. and Eighth Ave. QUARTERLY DIVIDEND Credited July 1, 1922, at the rate of 4% per annum on sums from $8 to $5,000 entitled thereto under the DEPOSITS MADE ON OK BEFORE J ULY 10th WILL DRAW INTEREST FROM JULY ist DRY DOCK SAVINGS inter gneue gee ex before July 10 are entitled to interest from Jely 1, 1933, - WILLIAM FELSINGER, President. M. to 8 P. M., holidays excepted. 341 and 343 Bowery Money to Loan on Bond and Mortgage Corner 3rd Street, New York Te Trustees have declared, a dividend for the thr: months ending June 30, 1922, on all deposits entitled there to uote tee By tans, at pa annum, payable on and after July 17, 1922. Deposit. made on or before July 10 will be entitled to interest from July 1, 1922, for Savings TRUSTER HAV Owl De NSE SV BRED IRVING SAVINGS BANK 115 Chambers St. (West pf Broadway); New Yorke This Bank Has Paid Dividends Régularly for 70 Y QUARTERLY DIVIDEND Deposits te drew interest from iw Fg be, made oa Interest Credited to De- A anc | | Creditedana Paid AZo [ritnoh Quarterly July 17th, 1922 Jan'y, April, July, Oct. Deposits made on or before July 13th will draw interest from July 1st ‘= Deposits de or before the 3rd day of ANY MONTH NOTE: will draw interest from the Ist of the month. 4 Put Your Savings in a ; QUARTERLY DIVIDENDS SAVINGS & LOAN ASSOCIATIONS, | SAVINGS & LOAN ASSOCIATIONS MerndronrraN Uf citizens Savings Sank |i T'S Franklin Society Savincs Bank Interest’ for bi ‘ior Fiome Buildin and Savi 1 THIRD AVE. Cor. ith St, ee CENT area’ mane Ail sume. from FOUR PER . ending, June $5 ‘to $5,000 per 1720S tat spain June, a FIFTEEN PARK ROW (round FLo0R ), NEW yo! rate of 1s8e, 20 an wie ee guly 11, 1988, announces its 67th cash dividend at its usual an- h the B: ) nual rate of 446% on “Saving Share accounts to $5000, and 5% with an extra dividend of 14 Aividends will be declared ) of 1% on instalment and income share accounts. and credited QUARTERLY om Oct, 1, This Society, founded 1888, state supervised, Sanuey te Y SAYLER, President, prudently managed, is helping thousands to Rules of the Bank e ‘ Miltiney. deposited oh or before July Money de) D, Andrewe, igen, will draw interest from July Jat resident, independence and to homes. Savings by m; sDWIN A. LAHM, Secretary. Work Monday Wonder penalise % FN T®} Open Eves. (except Sat.) to 7 till July 13 ‘8 q Money star hahaa ._.AND SOME- Sunday World Wants sOXDAT woRLD WANTS WORK WONDERS © ON SAVI N GS TIMES MORE re