The Brooklyn Daily Eagle from Brooklyn, New York • Page 15

15 THE BROOKLYN7 DAILY EAGLE. NEW YORK. FRIDAY. AUGUST 13. 1920.

FINANCIAL. FlNANCIAIi. SALES OF BONDS 6TOCK TRANSACTIONS DAY IN WALL STREET IWALL STREET NOTES SalM 200 NYCftStL. 200 Norf 200 North Pac. 200 Not Sc't St 1100 Teafv'a "loe eloae 82 33a4 17 74 44'ii 3ai The Miirki't' Hosiiioii.

Thp HteadliiesH of the market rlnr- i' 'n'' "le ear1' trading, in the face of an 84 48 unimproved foreign situation, led (In 11.000a.) LIBERTY BONDS. COD omitted Hlfh Low 407 Liberty Hn.Jll 1 Liberty let M.7H 4 Mbfrty 84.22 H4 22 lie Liberty let 4a 81 834 Liberty 2d 4Vin. 81.44 lftH Liberty .1 4. 8H3U 8K no 1337 Liberty 4th 4e 84 30 1 1 1 Victory 1 a 93. Illl ll 6 758 Victory 95.112 95.62 Clot- Nit Inr cbiin.

l1- 1.... 78 2 11- 44 87 3il 88 120 22 200 Otis Elev. 600 Otis Steel 1 W.Tel H4.22 H4 8(1 3J HH.IHI KI.7H II.V Mi 95.68 First Mortgage 7 Serial Gold Bonds To Net 7 SECURED BY A FIRST AND CLOSED MORTGAGE ON NEW YORK CITY (BOROUGH OF BROOKLYN) REAL ESTATE AT 651 OF ITS APPRAISAL VALUE 88.1(1 84.811 Itt.li'J 95.110 HUrh- Low- tale Mt wt 80B4 30 SOOAlaikaGM. V.a l'a 1000 Alaska IS 1 800AliCMfgCo 30a 29 800 18 474 COO Am A Cm. 78 77 300 11 11 200 AmBk Ntp.

44 44 800 Am Boson. 87 80a4 1800 Am 34a.j 32 200 Am Can pf. 88 68 1500 Am 13088 134'a ,400 AmCotOil. 2(i'4 25 200 AmCOil pf. 65 65 800 Am Drug 3 10 9Tg lOOAmHidepf.

74 7311 2000 74 704 3100 AmLlnse'd Q8 6i 1900 Am 90 95 SALES FROM OPENING TO 12 it 3 NYCItyi'aW. 200 Pc Devel 87 200PaclflcOas. 444 40 3100 Pan-A Pet. 83 2200PanAmB. 77 29l4i 4084 200 Peno Steel.

19 2000 Pere Marq. 24 1361 64 Angl-French6a 9RH 26l 1 BaltiumUa-W. 65 -14 9Ti 8 Gen Elect rici 98 98'4 8 liud Man fdz r.r'4 2 65 4 ml 13 urn 1 PI Cent Loum. Villediv3(ts. (12 1 Inn8tiel6fl, 8(1 23 Inl'bRTref6 4'Jt, 25 4LK 1 42 15 Belsium 7 3 1 10 7 wo KH 07 3j 7(i 97-1, 42', some murket dlagnistlcluns to believe that forced liquidation from at least two principal sources hod run Its course.

The lirst Is that which Individual operators have done by reason of the bunks' refusal to extend maturing loans made to favored customers three to- twelve months ago at rates of Interest lower than stock brokers could meet on marginal business. Many such loans appear to have been on collateral that brokers have not seen lit to take over in tho recenj condition of the money market. The other source of stock supply has been the accumulation lines of speculative pools, many of whicb were said to have been forced to throw over large amounts of single issues from collateral securing loans that could not be renewed. This has served to Impress on borrower and lender the danger of making large loans on collateral of one kind in times of credit uncertainty. All the time liquidation from these two sources was going on 200 PhllllpsPet 35 Stocks Advance Steadily, Correcting Oversold Condition.

Foreign Exchange Improves. The broad advance in the stock market today, brought about by the retirement of still another portion of the ihort 'interest, was another tacit admission from teh bear element that It had carried the selling too far on the basis of the Rubso-Polish disturbance. The advance also furnished some evidence that enformed liquidation of accounts from which support in the gorm of time money had been withdrawn had run Us course. Further selling from this source cannot be much of a factor In the near future since the time money market has been "practically deadlocked for everal months, borrowers preferring to finance their operations by demand loans from day to day. There have been sessions since the big break that have produced gains large as those recorded in standard issues today, but those markets have been different in two particulars: they have not embraced as large a number of Issues as today's market did, and they have not been as steady.

There were no successive rises and falls of the tide of speculation today. It was a steady, consistent gllmb, accompanied by none of the unfortunate rnrhAhniy nt fnriir.4t,al 74 73 2 1 68444 1 City of Pane I lMt 1 96 2 Earnings applicable to interest charges for past five years have averaged approximately six times requirements. Net Assets about four times total outstanding bonds, and Net Quick Assets about one and one-half times. Our Circular describing this issue will be mailed upon request. 39 900 Pierce 11 79 200 Pitts Coal.

58'a 600 Pre'd Steel. 96 400 Pullman. ..1114 81 4 I 3 41'. 100 Am Loco pllOO'a 10i) lOOVr- i 13 13 20 V- 700AmSRazor 13a8 20a4 1800 AmSteel F. 364 200 Am 7.

854 20l4 85 900Punta-AS. 75's 1 a (-4 75H 97 811 91 63 71 '4 71'4 7(1 704 70 2 2 ropenhar aH. 2 PomCan5a11. 10 DomCan6a2. 2 DomCan5a'.

38 Japan 4a. 4 Japan lat4Sa. 8 1 4 Japan 10 6 1 Lyona8a 86 1 85 -1 1J5V- 1 85 100 Am Sugar. 115 2000AmSuTob 83 81 'a 95a4- a a big short interest was belnir built 300 ATelftTel. 95a4 95a4 87 a4 up, some of it was retired on Tuesday and Wednesday, but the sinews of tins 200 A Tob pf n.

87a4 "ST Clark, Dodge Co. 51 Wall Street New York City 200 AmTob B105a4 105 105a4la4 supporting element remain and can 200 Ry Spring. 200 RandMlne. 1600 Ray Cop'r. 1400 200 Remington 2600 Replogle 8.

2800 Rep 200RepStl 1200 Dutch 1800 400 St 3 8 SwiaaGovSorctlO'J 92 20 li 88 52 69 82'i 93 76 24 19 De counted on to accelerate nnv nrf. 79 34 vance that might start an the remill 44t-b 8 of favorable developments in domestic 12 ana loreign annu s. often arouse the banking interests to 5288l14 3200 Am 79 16 200 A Writ pi ilV W'a 900 Am Zinc. 124 11B4 300 52a4 52' 200ADryGdsi 28 28'r 200 Assoc'd Oil 85 80 6'a 619 2800 81 80 28 853 6M1 3 4H4 65 1 Int Mer Mar fl. S-J'j 8 Kant KtSiiMts (i', 6 KanCitySou 'i 8l 4 KanCityTerl( (18 1 Lake Rh 4a Mi.

711 6 LhValtn4'i8 71 6 Lehish Il 2 Louft 7n rcul01 2 Manhattan 50 1 MidvaleSteeDi 75 8 Minn4StL4s 1 47 7 Mi 1 nc unUi, 62'1 1 Nat Tube K4 2 NY enlral.ls. 85 29 Central 88', 1 Railway 4a 20 2 75'i 76l4 I Norf ft West ii 74 Hi 9 74 1 Nor Pacific Us. 63'a 1 Ores ft Calif KlU 88 1 TSV 1 75', 1 75'i 8 FennRy 2 1112'j 2 1IW-1, 5 PCC4SIL4isA 74 1 Reading em 78'i 1 79 1 78'; 11 RioGftWcoll, 48'4 3 83 67 St ft San A 6(1 1 GtH 45 68 4 St San 87'i 1 StLftSanFC 6 StLftSFadi. 0 1 Va DOG DOUBLY OWNED, BONE OF CONTENTION 81 76 600 76 75'ii 1800 At Gulf 131 139 lse 200 106 J00 30000 Bald Loco. 106Ts 10334 10621a impose restrictive money rates.

Money renewed at- 7 percent, a rate which was made applicable to the majority of new loans. The stock market community has acquired the habit of viewing the foreign situation not only In the light of news as it appears in cable dispatches, but also through the market for foreign exchange. The firmness of sterling contributed its bit to the strength of stocks today. Sterling checks sold during the morning at 3.63 and in the early afternoon moved up to $3.65. These rates oompare with I3.62V4 as yesterday's final price.

As usual, rates on Continental capitals moved in the same plane with sterling. The mf)rkf nranttnullir tfrnnenrl fTiA Boy Chums Fall Out-Collie's 1300 Bait 85ii 844 35 30 500 Saxon Mtr. 7 200 Sears Roe. 135 3700 ShellTrans 48 3900 Sinclair 27 200 Sloss Shctr. 63 2008PRSugar.l35 1700So Ula4 1000 21 400 South'n pf 59ff4 847StdOilNJ.637 300SIO11NJ pf 1053 400 824 600 Stromberg.

09 1400 Studebak'r. 63 ti 9200 Texas 45V 400 i6 45as 46 2600 139'4 136V8 1382 1- bow- ClM- Net 1 eat Ins Chans 32 82 "4 82 834 17 17 -2 73 73. 44V. 44-H 8 8 120 1204 21 22 14 35 35 -2 44a4 44a4 4 40 4l 80 82l 744 77 2 29 29l 40 40 19 19 23 23a4 "4 1 85 35..... 1 38 89 11 11 79 79 57 58l 95 90 111 111 -1 744 75 37 37a4- a.i 92 92- 26 20- 14 14 87 874 52 52 68 69 1 81 82l 93 93 75 75 24 24 19 19 30 30 64 7 135 135 2 47l4 474-2 16vP 20 63 632 135 135 29 90 91 i6 27 59 594 "4 025 637 5 105 105 31 32'4 67 69 3 62 63l 1 44 45 1'4 i2a4 39 39a4 59 60 bS 85 1 10 10 43 81 81 27 27 .1164 117 44 44 189 190 1 10 16-t- 62 03'4l 42 42 58'i 58t-l 81 8134 "4 48 48l e4'4 104 104 -2 16 8741 106 106- 61 61 7, 8 65 62 1 05 65l 104 104- 104 104 8 8 24 24 9 20 ii014 103.

103 47 47 10 10 47 47 "4 10 10'4 8l 80 53 4 106 106 58 59B4i 15 102 7 102'i 12 Un KimrdomTH 98 6 UnKinsd' ret BO4 4 90S 6 9S 1 UnKingd'Wrct 851 6 f6Hi 10 85 7 Un Kingdom's! SHi 4 1 81'i 1 81? 1 Am Smelt R5i 10 77 4 Am Tel Tela, 964 1 AmWritPap7j .1 ArmcurH. 75 3 AtchTSF4 75' 3 AtchKli 4-I 'a 663j 5 AUhrnv 04'i 1 AtloatL7arct 97Si 1 98 1 Call A Ohio 4a. 19 3 Bait ft Ocv 44s HI 8 6 BaltftOhio5a. til'-. 1 6IS 4 Ball 1 BaltOWVa4, 67 3 CenGeorgia let 87U 3 Cent Leather 5a 9(1 6 ent Pacific 1st 8l)'i 1 Che.4 Ocv4'l 73 15 CheiftOcv ij.

7fls4 9 Chi Bur 4a 93 11 6 ChiB itQ'iiHa 77 1 ChiAGtWeetla 61 1 1 63', 15'H- 71 2 uu caiopnas "4 4 1500 BetnMotor 15 lo's 100 Beth Steel 71 71 9800 Beth Stl Bt 13 70'b 100 Beth 7 pd 93'4 93 100 Stl 8 pf 106fc 106V, 73a834 Sinclair Notes DiK'linc. Realization that the banking syndicate which purchased tho Sinclair Consolidated Oil Corporation 7 percent notes will dissolve tomorrow brought heavy selling Into tho market for these securities on the Curb this morning. As a matter of fact the decline started late yesterday, bringing the price down from 97 4 to 96tt. The first sale recordod today was at 91, a net loss of 5 points, and from that figure tho notes declined to 88 on the sale of about 200. This offer of Sinclair notes is the most unfortunate piece of tianancing attempted this year.

The syndicate started to offer these $50,000,000 notes to the public on April 21, and it was generally appreciated, ulmost from the beginning, that they were not being well received. The New York and Chicago bankers comprising the syndicate were having grout difficulty in getting the public interested. The market tor the notes has always been a thin one and only the sustaining power of the syndicate has held them up so near the Issue price of 98. With the syndicate retiring noteholders are anticipating a slump. Suinduril Oil of New York.

The Street was pretty well- convinced today that It ehad learned the real reason why Standard OH Company of New York stock was so strong Possession Blazes Trail to Court. A dog owned by two boys is the main character in a strange caso that came into Children's Court today when Raphael Unger, 15 years old, of 289 Wyona was charged with stealing a "license plate, dog collar and lock." Harry Topp, a builder, of 816 Wyona father of Albert Topp. who, despite a disparity of a few PREFERRED STOCK UNITED CITIES REALTY CORPORATIONS, WM. E. HARMON, Preaiden't Bought and Sold These Corporations (four in number) have been since their incorporation 15 years ago under the control and management of Wm.

E. Harmon. Their assets are invested in improved Real Estate in New York City, Chicago, Minneapolis, Duluth, St. Paul and Joplin, Mo. The Corporations are.

conservatively managed, with no overhead expense for Officers' commissions, etc. Earnings are increasing rapidly. Send for Circular A-l." Carruthers, Pell Co. 15 Broad Street, New York City 934 I Russian advance on Warsaw because 1061.a2l4 7 10 49 -1 t.l. mis is a cumulative development which was a factor for several days last week and has already been more than discounted.

If there is any concern over the foreign situation at all It relates to the various aspects of the French recognition of the Wrangel 78 19 li years, was the chum of the younger op, 4S'4 4Sts 48 18 St 1. ft inc 10 2 2 aeiennant, maae tne cnarge. Government In Southern Russia. The 12 lk Which half of the dog, a hand 1388 2100 Tex Pac. 400 Tob 200 Tob 500 Trans 400 Tr 600 Un 1800 Union 1100 Union Pac.

600 Utd 34 39 60 85 10' 45 81 274 117 44 190 some collie, each boy owned may never be determined. The tall wagged 66 84 for both; the head barked Joyously I 2588.... 118 2 2 81 1 SeabAirL4ssta 61 19 tcu l'at-cnv is. 75 Foulocfdelj. 73'i 5 touracTerml.

6.V4 1 Sturaccnvjj. 95'4 9.1 A Southern Rv Is SS'i 2 Term AsStL4s 4 ThirdAvadjSa 2(1 for either. The collie trotted into the neigh- borhood of Wyona st. a few months big question as Wall Street views this development Is not whether this act will improve Poland's chances of resistance, but whether the act foreshadows an open break between the British and French governments. The two important developments In the security markets were the decline in Sinclair Consolidated Oil notes on the Curb due to the fact that the sydi-cate that floated the issue will disband tomorrow, and the official announcement mnriat hv tlnn aianAnrA nil ago and claimed both boys.

Tho best of friends then, Raphael and Al 00 ve 10 53- 8s 86 56 yesterday, with lis advance of 51! 8 -1 Piny of New York that the directors 21- 4 800 Booth Fish 7 200BklnRT 10 100 Bkl Un Gas 49Ts 500 Butts Cop. T9 1000 Butte 19 12 400 Caddo 133s 900 CalPack'g. 66 lOOCalPet'm. 25 2600 Can Pacificll7 lOOCanSo 38 lOOCasePlow. 10 1500 Cen L'ther 400Chd'lrHtr.

86 800Ches4OhIo 56 8 200ChGtWpf ais 900 CM 83 1600 pf. 50 300 Chi W. 70 82a4 2400 ct. 34 62' 400CRI4P7pd. 74 500 Chile 14V8 1100 Chino Cop.

2688 85 600 Col 53 4800 Cal Graph. 22'a 100 Col Or 80 SOOConCanCo. 79 lOOConCandy. JOs 900ConClgct. 66e 1200 Con M'n'g.

104 100 Cons Text- 83 8 hi 4 St Pie fl4ii 1 I hMbPcv4', i (17 8 ChM4StPf4'M hli't 4 50 2 11 KWSi'l! 92 12 08 3 3 l0r) 1 7U 1 thi lnd 4s 64 1 hilt Copper 92 'i 1 ColaVSouth 4'ii ('Si, 88 1 OtigolGas 7s. 97 4 Del Hud 7... 190 1 75 3 Den Rio 44. 83 3 lelUnitM4H tioy 2 75 3 Erie lit 4U 68 9 49 7Mb 17T8 12 1388 65 2588 110 38 10 52 85a4 548 8 21 32'i 49 70 80 H2ai 023 72 14V 25's 84a4 53 20a4 79T8 76 1(P8 )5a4 10'8 29's (jkeign "Exchange EXPLAINED Vv'c have prfpared an intereal- in? booklet on fqreign exchange of particular inlereat to invattora lurcinn Sent frt unnri retjeat booklet it. 25W.43r-' ST.

NEW YORK Phonca. Murray Hill 37S3-27U ueumou iu ireoie me autnortzed capital stock. Wheat prices dropped 3 cents In the early dealings but had almost fully recovered before the last hour. 1 Union Pac 4s. 81 1 81 20 Union Pac fd4s 74 6 73 Ii 2 Union Fuc Oa.

WI 1 IKi'i 2 t'fRRSFUct 22 1 2l'i 6 wubbar 77 11 US Rubber 7' is 97', 7 92 1 II', 8 92 1 VaCarCliem 1st 91 2 Virginia Ry 5t. 7b 5 1'4 5 Wheeling cn4j 52.:, 200UnRyInvpI 164 700UReStores. 63 200 US Pipe pf 42 500USFoodPr. 58'ii 1200 USAlcohol. bla4 200USRltylm.

48 2000 USRubber. 200USRublst.l04 12000 US 7a4 500 USSteel pf .107 1200 Utah 61 200 Utah Sec. 8 6700 Vanadium. 674) 67 500VCheiupf.l04 200 Va 104 70 puuiLs on smutt vuiume or sales. First there was the report that the directors had met early this week und had voted to call a special meeting or.

stockholders to consider a proposition increasing the capital stock rrom $75,000,009 to Then one of the news tickers printed a quotation trom one of the company officials which was considered an evasion of the question. Later another report, coming from an apparently reliable source, verified the lirst story. It stated that the notices would go out today culling a meeting for Sept. 1. The new $io0, 000,000 oi Htock to be authorized Is expected to be distributed among stockholders as a stock dividend.

The Street believes that the directors, in making the a4 62 4 74 14l. bert would not permit the dog to become a bone of contention. So they decided to own him together. The man from the A. P.

A. arrived in the neighborhood to ascertain who should pay for the dog's license, He went to Albert. "I only own half of him," said Albert. He went to Raphael. "1 own him Jointly with Albert," said the younger boy.

The agent, endowed with Solomonlike wisdom, issued two licenses for the same dog, the first time on record that a half a dog was licensed. But these chums fell out and It chanced that the collie on that day was in the possession of Raphael. A few minutes later Albert, his father and two policemen followed the boy and dog into the Unger home. "Where's my asked Albert. "I want him back!" "He isn't yours," s-aid Raphael.

"Only half of him- He's here. Here will he stay!" "But how about the collar?" demanded Albert. "The dog hud a collar and a lock and a license plate on him when he came in here a few minutes ago." Said Raphael: "He has no collar!" STANDARD 21 4 S4ai- J4 3 22 1 80 li SALES PROM M. TO CLOSE. 20 Vi rginia deb ct 62 15 Erie gm lien.

4l)fti i 5 40 200 8 rumored distribution, will not take HTCKKI.V i ON BTANDAK1) OIL 'SKIES WILL BB MAILED TO INVKSTOK! ON RKQLK'i: I 800 Wab pf 200 West 400 Pacific. 21 9 20'4 mn. 5 39 H7H 1 97'. 5 GenEleclric US'i 97', I 5 HudftManfd 55'4 97'j 5 li.Ctnt 4b l'JSl. 79 3 10 82 Arpr'-F'rench''' 8 BelKium 71,3..

3 I 1 1 hineee os 100 Air Br. 103 43 I 19 llltent Is 1U.VI 62 104 298 CARLH.PFOR7MEIMER&C0 Penlrrs in Ntunilard Oil Sveuritie. Phone 4HU0-1-2-3-4 Uroavd. S3 Oram N. 1 ity of Paris Ht 85 '1 1 III Cent f(U 4s 1 lii Cum 5 an5, 'ai several bites of the cherry, as the Crucible Steel directors have been doing.

I. Friday the Thirteenth. Some of Wall Street's pet superstitions have been knocked into a cocked hat, while others remain to haunt the oliitlmer. Today is Friday the Thirteenth. In yeaars gone by many traders were wont to prepare days in advance of this combination to 1900 Corn Proa.

200 Wcsting'se 200 200 White Mtr, 2100 100 Wil's-0 pf 300 Wilson 47 104 47 10 "4 80 54 88 1 1 Indhteel 7 Stl 1 101'8 1014 7k lOOCosden S3'4 834- l4 16 I'isj; 19'4 1 DomCan5s'2ll 3 1 DomCan5s31. 10 Domin Hep 2 Japan 4a 2 1 1 Japan lst4Jis. 2 1 InfbllT ref 5 41, Bliss lH)Si S(i', 81 o.t'i 53'. 70V. 2 lr.1 Mer Mar ''8 81 '1 1 Iowa Cen 3Ui put their affairs in such order that 6100 Cru Steel.

.134 128 bo1 2100C A Sugar. 41 "a 39a4 412 1500 Cuba Sugar 38'4 37a4 3Wa 100 Delft Hud. OO1 OOMj 86.a-l 200 500 Wor Pump. 094 Ei. tlvldeniS.

The policemen wanted to I Raphael for stealing the dog. But' Old NeW StOCR Right when Alhif vpp flfi (hp filth rf 9 39 2 hanCily'l'erti (18 7 LakeSh4s'2i. 711 they could withstand any soock, tne theory being that Friday the Thir MONEY AND EXCHANGE The money market was dull without particular feature. Time money was quoted nominally at 9 to 9 percent, with business practically nil. Call money was In supply eqfial to the demand at the 7 percent renewal figure.

There was no increase In the supply of prime New York bank acceptances in the face of a continued large demand. New York prime 90-day bills stood at 6 "4 bid, 6 percent asked. Mercantile paper was dull at the minimum discount figure of 8 percent. Sterling exchange was firm. Sixty-day bills, 3.59 commercial 6-0-day bills, 3.S9H; demand, 3.63; cables, 8.64.

The Sub-Treasury gained $1,298,000 fro mthe banks on Thursday, making a cash net gain since Friday of $1,. 174.000. The Clearing House statement showed the Sub-Treasury a debtor for the Federal Reserve Bank a creditor for exchanges, balances, $68,836,662. Foreign Exchange. European exchanges were slightly higher at the opening but the market 'was quiet.

Demand sterling 3 62, cables 3.63V4, franc cables 7.19V4, checks 7.18, up lire cables 4.96; checks 4.96 "4, off Swiss cables 6.01 and checks 6.03, off guilder cables were 83 8-16, checks 33 1-16, off 1-16; peseta cables 15.13, checks 15.11, off Stockholm cables 20.55, Checks 20.50, off 25; Christiania cables 16.05, checks 15, off 20; Copenhagen cables 15.05, checks 15. oft 20; Belgian cables were 7.72, checks 7.70, off marks 2.16, up .02. Paris, Aug. 13 Exchange on Lon- 3 SwissGov8srctl92i-i teenth was omenious of bad luck. But Raphael's statement that he only 2 Uo refrislereJ 78l-8 230'4 J.K.Rice,Jr.&Co.

SALES OF STOCKS. in a market where the two speculative owned half the dog and Raphael i 5 4P.i fuctjpns are fighting for supremacy Phones 4000 to 401(1 3d Wall St JJ. r. Fram Shart 1 to 2 47,100 i to .108,000 9a4 na4 Fram Sharea 10 to 11.... 128,300 to 18....

00,000 12 to- 1.... 63,600 and proms, no oaa iuck can come to one faction unless the other is benefited. During the greuter part of to 14 Leh 7l 1 Le' Igj Val Ji. 9U 1 LtftM.vers7j.192 4 lying Isl fdg Is. 03 1 LouftN.SlLlf.

98 6 MidvaleSteel 5s 78: 6 711 10 78' 3,8 day's session the market showed a showed the other license they held up their hands. "It's too much for us," said the policemen, leaving. That was Wednesday night. Today the Topps went to the Children's Court, where they unwound their tale. "A collar," said Clerk Haggerty, "is property." 71 1 Today's total Yesterday's total.

bam day 1S19 406.400 448.0JO 740,700 A. B. C. METALS Special Letter on Requeit E. H.

WHITING CO. MEMBERS N. T. CURB MARKET ASS'N 44 Broad New York City. Telephona Broad 4Stl-4S91-941.

2 Mo Kan 4s. 62 7 Mo Pac 4s. 52: 1 NewOrTormtj 6Sii 2 lli'JM 10 Un Kingdom'!" 98 1 98s 1 Ur.Kingd'l!rc. 9U'4 7 90S 2 80 8 12 UnKinudom'37 1 81 'i 1 82 5 Mexico5s. 34 a 85 1 luh 1 Am Tel ft Tel 5s 77 1 77M 10 77 1 Armour 41 is.

75 1 75 5 75', 2 854 60 Atcb env 4s Mil. 81 4 At) Coast 4s. 7a ij 1 AtlCoastLcol4s BSVi 1 61 Central 8s Then he entertained the charge of larceny. Raphael pleadod not guilty when arraigned before Justice Ryan and the case was adjourned. B8', MELON FOR S.

O. OF N. Y. Official announcement was made at a 8S 2 8S 70a4 i7T8l8 21 '4 .9 692T8 C5 1 61 22 69 the offices of the Standard Oil Co. of 1 8H 9 nJ4 2Va 71 12's 19 704 27 21'a 8 169 95 61 21 69 52'3 8441 72 814 25 19's 28 47 1 U7'i CANADIAN WHEAT TRADING.

Newspaper advices from Winnipeg W.mkly Financial Rmvimw" aVnt upon E.W. Wagner Co. Uembara' N. T. rrA.

'r je. T. Ojffoa rrui9 Chitugo Boart 0f TroJt' 33 New New York' y7a 1900 Dome Mln. 12 1200 El St rt 31'8 71 700 12' 500 Erie' 1st pf. 19a4 70a4 1300FlskRub'r.

28'h 100 Freep't-T. 21x 700 Gaston 9 lOOGenCh'lpf 95 61 10900 Gen Motor. 22 SOOGenM'trD. 6941 300 53 200Goodr'hpf. Hi 800GtNorthpf 73 81a4 400 Greens Cop 25 200 GuantaSu 1 94 lOOOMftNpf 28 100 Gulf Steel.

47 600HarvNJn.J25 100 HarN 1100 Haskell-B. 70 4 2-0HousfnOll 95 3 Dock 82 I NYOnt4iW4a 58 3 Tcleph Us 88 3 Wft 4Vi 41' 1 76 say the Winnipeg Exchange will resume trading In wheat futures on Aug. 52'4 3 fcalt 01iioi, 79V, 1 Penn 4a 1UIW. 77' New York this afternoon that a special meeting will be held at 9:30 a. m.

Sept. 1, for the purpose of having stockholders approve a proposition to increase the capital stock from to $226,000,000. 1 It was also announced that if the stockholders vote in favor of the increase it is proposed at the next meeting thereafter of the directors to pass upon the question of the distribution of such increase as a stock dividend to 16, at 10:30 o'clock. Wire speculation will not be permitted. Ontario has a 7 BaltAOhio4a.

11 Penn 117 1 to'i I 2 Penn Ry 6a '83. 84V bumper oat crop and the Western sur 4 BaltftOcv4'is 83 81 plus will have to be sold on an ex 82 don today was quoted at 60 francs 27 with 50 francs 25c. yesterday. CONSOLIDATED EXCHANGE The rails became strong and promi ..102 1 rising tendency. That was unlucky for the bears.

If the tendency had been downward that would have been the misfortune of the bull faction. So that, unless the market should stand perfectly still. Friday the Thirteenth would seem like a bugbear to one class of speculators. This superstition Is likely to go the way of the Tuesday reaction day. The Chemical Merger Again.

The much discussed chemical merger came in for a lot of attention again today. National Analine, Barrett Company and General Chemical were strong on the big board, and Semet Solvay, although inactive, was quoted at a higher price over the country. The latest story takes the form of another Wall Street expectation. It is to the effect' that the interested parties will be ready to make a definite announcement some time next month after all have returned, from their vacations. It is said that a corporation capitalized at a quarter billion dollars will be the result of the merger.

So sure is the Street that the merger will go through this time that it is credulous of a-11 details of the latest story, even down to the value which stocks of the four companies will be given for purpose of conversion Into stock of the enlarged corporation. What tlie Street Thinks. The stock market situation as it 1m-Dressed Clark, Chllds Co. before th 84 V3 31a4r'4 25 19'4 28 -1 47 '1 125 82'i I 1 Penn Ry 7a 2 2 1 1 port basis. Both rye and rye flour are on the decline.

The milling business is extremely dull at present. Most of the mills are shut down for ...102 holders of record Sept. 10. This German Securities':" 'W-F. B.

Warren Co. 15 Maiden Lane, New York Tel. Cortlnndt 7S-J means that a 200 percent stock dividend will be declared. nent, during the noon period on the 8 10J 124a4 The Weekly Iowa crop Bulletin 1034 1034- a4 said: "Corn has fired and curled bad Consolidated Stock Exchange today, many of those issues being bid up wuaha (ha 1 nsrnan'' a tinman -ir 10 10JS 8 PhilaCocv 88 1 Portl'dRyaa 38 61) 5 Reading imln 78'i 18 70 2 Ul'i (Ills SiIVd mn' 88', se 88' i 881, 87 8si 8d'i 70 48 48'j STANDARD OIL SUBSIDIARIES 10 5 Baltft Ohiof.s. 2 BaltftOhio6s 6 34 10 10 10 2 8 2 3 BallOSWlfr 8 BallAOToUs 1 1 2 3't ly on uplands and thin sotis in many portions of the State.

Most of the crop has not suffered beyond recovery. Roasting ears are reported in the earlier fields, but the cool weather 95 7 Pravloua Bid. Aakad. 241.a 95 14 tntle-AmarlcMi Oil PROFITABLE OPPORTUNITIES IN FOREIGN BONDS. Aevicved in our for a long period prior to this week 105 Atlantic r.

Atlantic Bef. Prcf. 6 HI US', 1 St ft San FA 65'a 12 68 11 65i 1 55 4 68 8 8tU. 344 4684 S'4 ll4 has had its effect and the crop as a whole is at least a week later than normal for this data Unless tempera ktuckaya Plpa 500 Hupp 300 111 200 Insp'n Cop. 500 Int 200 Int C'p 500 Int 100 Int Agrl pf.

Raabe. Glissman Co. Oxaborousn "I 1 StLftSanFB 87' tures are somewhat above normal during the next month there will bo f3 t4 1 468 i6 3J4 2'4 9'8 94 4 17 17 77.8 77.fl 44 44 1 19'4 StO BROAD ITKEET, TVEW 'VORK, Telepbon Hector 1 St SanF 84 I) St LAS Fad), til 4 considerable soft corn. Continent Craaceut Pipe Cumberland eureka Ploa 2 BaltOWVls 5TH 4 Peth Rleel 5s'36 8 BknRapTr7s. 38 II inlLeathor5 00 1 Cent Pacific lat 89U 4 9i 8 70 1 Ches 4 0 445..

71 2 70'i 28 70' a 2 73 17 77-8 44 20'4 78 86 6 1 4 1 8 1 Oiieutt Signal opening this morning was as follows: CRVDE PETROLEUM RECEIPTS. OH City, Aug. 13 Receipts of crude petroleum by the pipe lines of the Eastern division during July De nref Ola 75 78 2 100 IntMotorT. 9000 Int Nickel. 2300 Int USOOInvincOil.

SOOOIslandOU. "Speculation is maraing time wntie matters of world moment are shaping 81 8I, 48t 48V4 48'i 48-, 48'4 48', 48'J their course. From the local point of Bonds for Investment Harris, Forbes Co. Tin Street, Corner William NEW YORK 344 85 5 6 41 41 view the chief consideration Is that were 2,060,840 barrels, a decreaso of only 2,571 barrels as compared with the preceding month according to the Derrick. liquidation from various sources has been rather complete, and while there 9 9 100 Iron 41 100 Jewel 9 400 Kan Cy So.

18 Do pre! new UltnoiB Plpa Inaiana Pipe Int. Pat, new National Tranalt Mew York Northern able Oil renn Mex. Fuel Prairie Oil Pipe Solar Uennlns Southern Plpa 17 374 4b1 are stop orders in the market in considerable amounts those nearest the The runs of the Illinois flield were 677.047 barrels, an Increase of 1,775 iOJj HO 1175 J05.) 1I5U 107 105 1U7 460 42i 47' 8 85 87 330 '-lo 2oi 105 J0H lug l-l 110 130 -'8 25 143 141) 150 105 17 102 44 40 U5 Hu 92 88 tl'J 155' 146 165 90 Mm 90 8r 28 -J6 7 165 1 iao 98 21 277 2H2 44 38 42 645 625 640 200 1S8 193 86J U70 121 120 125 270 3H5 SH5 05 2 u8 06 300 3or 5 640 uao 3J 510 bit,) 350 331 350 410 440 640 635 64s 168 lu6 108 00 I 896 405 44tl 425 44 105 102 108 8.1 80 123 118 121 95 92 117 370 845 i.55 30 17 33 78 100 KnCySo pf 1500 Kelly Tirs. market are the ones to buy stocks to protect bear positions. The release of frozen credits by the settlement of the 4 JO 83 ..230 ..100 ,.11 ae .140 ..101 40 90 88 .145 37 HI 'iS .166 H3 40 .030 .190 .118 380 .610 .40 105 .395 .415 100 UA HI 38J ment that the Polish-Russian delegates had arranged an armistice con- ference for aSturday, coupled with forecasts that plans looking to a cessation of hostilities would pnove re- ceptive to both sides, gave rise to an optimistic tone in the industrial division, on which numerous or those properties netted gains ranging from 1-to 4 points over Thursday's final figures.

Crucible Steel rose 4 to 131, United States Steel 14 to 87. Bethlehem Steel 2 to 72, Vanadium 214 to 674. Replogle 2 to 69, Baldwin 1 to 106 Mexican Petroleum 2 to 106, Pan American 2 to 82 Vs. Royal Dutch, N. to 76, Studebaker 1 to 63, General Motors to 21, Atlantic Gulf 2 "4 to 138 and American Sumatra 2 to 88.

Texas and Pacific moved up 1 to Reading 14 to 88, New Haven to 83 H. Rock Island 1 to 84, Baltimore and Ohio to 34 V4, Retail Stores f2 to 83, Stromberg 3 to 69, States Rubber 1 to 86, National Aniline 4 to 73, International "Nickel 1 to 20, International Paper to 77. Corn Products 1 to 88 and "American Woolen to 78. MOIL DUTY BASE LOWERED BY MEXICAN GOVERNMENT A press dispatch from Mexico City says that the base price of petroleum which Mexican export duties are Set has been lowered from $2.18 a' barrel, the New York price, minus freight to $1 a barrel, at Mexican ports, according to a statement made by Manuel Under Secrcary of the Treasury. He stated that this reduction would apply to the period from March 1 to June 1 last, inclusive.

44 75 76Vf- 23 23- 15a4 15a4 07 67 1 4ia4 44a4 a4 barer Is. Dellveies by the pipe line companies during July were 3,482.804 barrels, a gain of 405,014 barrels. Stocks held by the pipe line companies increased' 124,213 barrels during the month. 400K'n'ctCop. 234 900 10 500 Lack Steel.

674 South Penn new local strike ol longshoremen will reach at least .100 millions as ships that have been held idle are loaded and depart. In many industries the effect will be important in the third-quarter earnings reports." 1 "Hi 5 "fHi a 78V 6 1 ChesftOfdg-. 80 9ChiftAlt3Vt 9H 6 CniBurftQts 93'i 8 93 1 88 1 ChiftGtWest4s 63'4 1 859,, 4 ChMftSPcvllu 87 8 71i 2 88 8 87 '4 2 US 4 84 1 ChlANWd'M 8 68 8 ChtRlPM wt 1 U'. 5 70 ft ChiStPMftO-ia 81 200 Lehigh Val 44:,4 a. W.

Penn MtandMrd Oil Cal ULandurd OH Ind 200LigMpf 500 Loewlnc. 100 100 1002 2U4 2013 20s4 4 PAY SPANISH DITIES IN GOLD. Madrid, Aug. 12 All import and Standard Oil Standard Oil Ky iLndrd OH FOREIGN METALS Cable advices to the jv'ew fTbrlc Mental. Exchange quoted prices in London today.

Tin spotr 27 15s; 6i; future 283 10s, unchanged; Straits 286 15s, up Singapore, Thursday, 2H1. off 3. Sales -spot 150. futures 80 tons. Standard Copper spot 10, down 1 os; futures 96 5s, up 1.

Sales spot 200; ftutures 400 tons. Electrolytic copper spot 112. unchanged; futures 116, off 1. Lead spot 35 6s, off 15s; futures 35 15s, down 10. Spelter spot 41 10s; futures, 43, both down 6s.

Standard Oil 3 SINCLAIR GASOLINE OUTPUT. Sinclair Consolidated Oil Corpora Do nref erred export duties will after Aug. 16 bo payable in gold, either Spanish or coins minted by the nations forming the Latin Monetary Union, England, 200LoftInc. 13 200LWB1S 2d. 104 98 200 MackayCo.

61 400Mackayp(. 60 300MacatlSug.l014 2000 25 tion manufactured during the month of July 1,264,133 gallons of casing- Standard Oil lAndard OH Stand Oil Ohio head gasoline, against 834,287 for July, 2 St LA 80 1st 83, 1 83 1 66S M-a 11 65'4 1 til', 1 San A ft A 4a. 58 1 fouth Pac 65V4 6 Sou Pac env 4s. 75 2 SouPacfdg la. 73fi 2 SouPacCoaat4a 6 Sou Pac env 5s.

95 't 6 SU 7 Southern Ry 4a 1 58j 7 Un Pac env 4a. Ml1-, 3 80'4 17 0V 1 Union Pac fg 4s 74 1 78k 20 Rubber 5j 77 lUSRubbsr'. 98 2 USRubber7'is 87'i 1 98 1 USSteelsf 1, 91 1 VaCarChemlsl 91 '4 1 VirginiaRy 78'4 1 84 1 Wabash 2d. 5 04 I Maryland 4s 624 3 WNYdP.H 82 3 Wsst Pacific 6s 78 5 Wheeling cn 4e 63H 4 Wiisoncnv.ii.. gl'i the United States, or other nations 13 104 98 61 59a4 101 74T 21 10'i 18 swan inncn 1919.

inis is an increase for the month of 429.846 gallons and a dally authorized by the Ministry of Finance, Union Tank Unlou Tank Df according to a royal decree issued to 700 Marine 76'a Vacuum Oil average of gallons, against a dally average in July, 1919, of 26,912, Weihinilon Oil 21 an increase per day or 13, sue gal 200 Pan 1400 Max 200 Max Mist. day by that department. Silver coins from the Spanish mint and bank notes from the Bank of Spain will, however, be accepted at rates fixed monthly by the ministry according to the market 10 18 lons. At this rate the production for the year will be about 15,000,000 2 ChileCopper7 9214 2 93 1 72 1 CleveShortLlV, 77', 1 lolftSoulh4ii' B8 4 ConolGas7s. 9H '4 1 97 2 Cuba Cane 8 7a 9U 1 DcnftKioGfdg 47' i 7 4'i 2 DenftRGfgct 45 1 trie l'H14 1 Erie 4.

gallons. 1000 Mex 15684 154 000 Miami Cop. 19 ISTa rate In London. PARIS BOURSE Paris, Aug. 13 Prices were firm on the bourse today.

Three percent rentes 54 francs 35 centimes; exchange -on London, 50 francs, 27 centimes; 5 percent loan, 87 francs, 50 centimes. The dollar was quoted at lS.francs 82 centimes. PKUMITS HIGHER RATES. Baltimore, Aug. 13 The Public Service Commission has granted the FINANCIAL BRIEFS By mutual consent of the specialists 13 "8 104 -1 98 2 61 694 1011 25 .4 70l 21 104 18-1 1502 18 12 3941 82 4 18- 0- "4 42 a4 01 29 4 756 84 105 55 1, 73 102ai i- 10- 71 1 Errtconv A.

i application of the steam railroads in Maryland for permission to put into in British-American Tobacco issues, 3(1 6 Erie conv B. 10 En conv effect the intrastate rates for passcn 37i 37'. 8 ger and freight service on the basis of the Interstate rates authorized by the stock will sell ex-dividend Aug. 30 in New York, and in London Sept. 14.

The dividend is payable in London Sept. 30. the liitpiastate Commerce Commission, Total salce todny (pur value) I 7.304.0O0 Vester.luy Preceding day 18.781,000 oil live dHys notice, thus saving the mtlTISH COTTON HdlRKS Liverpool, Aug. 13 cotton statistics: Imports, 41, 0i)0 bales, including 23,000 American; stock (in V.reat Britain), American, forwaide'd Americsn, 4(1. onn: exports.

sales 20.000; American BICKETT TRGES RATIFICATION Raleigh, N. 13 (By the Associated Press) Declaring that women should have "the first right to speak when the issue Is whether or not the world shall henceforth be ruled by reason and righteousness or by blood and Iron," Oovernor Blckett, in a special message today called upon the North Carolina Legislature to accept "the Inevitable and ratify the Federal Woman Suffrage Amendment." The Oovernor warned his Democratic friends that the most they would be able to do by defeating the ratification resolution would be to delay "for six months a movement you are powerless to defeat." He urged them to accept It hh the part "of wisdom and of grace," adding (hat within tho period of a few months "some other State will open the door and women will enter the political forum." Bunkers Trust Company has been customary thirty days notice. PUBLIC UTILITIES The public utility market was very strong, several advances being shown in the more active issues. Adirondack Elec. common advanced one point to 14-17.

The preferred was quoted 72-76. Cities Service common advanced to ex-dlvldend and the preferred was quoted 64-tJ5 ex-divl-denri. Southern California Edison common was quoted 80-83 and tho preferred 92-96. The Famous Playcrs-Lasky Cor-nnrutinn htis doclared th( usuul niiHi- This, however, does not mean that appointed transfer agent for Class 12 1800MidvaleSt. SO 200MSPSMpf.

82 200 MASt n. 13 400 Mo 0 400Mo Paclflc. J5'i 500-MoPacpf. 42'ii 200 20()MontW'rd. 29 C400NatAnlllne 7534 Anil r8r8 400 Nat Bis pf.

105 200 Nat Cond't (1 2(10 Nat Enam. 55'4 700 Nat 73 200 Nut L'd pt. 103 10 2UU0NY 72' 12 39 82 13 0 42 01 29 70 83 105n4 0 55 73 10 70 UNITED SHOE APPEAL Washington, Aug. 13 The United Shoe Machinery Corporation has tiled the Commission has approved stock of the American Motor rates granted by the Interstate Com- Body Company, merce Commission so far as intrastate trallic is concerned. If anyone objects The Standard Gns and Klectric CHIXO rOPPKH.

an appeal In tho Mipicmt. Louri from to tnp the Commission still will Company reports for six months ended tho Federal Court decree In Missouri bo alilc to hear their protests. The! June 30 last gross earnings, flnding it gulMy under the Clayton net roads have the right to put thesol620; operating expenses. 11 net of engaging unfair competition, rut en Into effect on a .10 days notice, earnings, 1, Interest charges. H'lTortH have consideration of the and the Commiusioiv's order J652 462; preferred dividends.

ense expedited so it can be heard this pimply ellows tlirm to go into effect balance for common stock, fall arc expected. on live days notice, 1897. NVt cnppfr Income. OthT tni.ome.i ytr. 70.

un S.1D. 15S 3,910 it Qtr. 1J5 n.7:r 4i3.S4 terly dividend of $2 a share on the common stock, pnyable Oct. 1 to stock Of rscord Sept Inr.iniL. MvM-nda.