The evening world. [volume], August 23, 1919, Final Edition, Page 8, Image 8

About The evening world. [volume] (New York, N.Y.) 1887-1931

Image provided by: The New York Public Library, Astor, Lenox and Tilden Foundation

                
Bl .W -
i; -fSTir LIVELY GIRLS
I . C0MS TO TTC COLUMBIA
1 ,
"Stap'ilrely Girls" wiH appear at
ihr5olumbla Thcatra In a burlesque
aMo4TTSUnd at Ease." In the. enm
panjr are "Shorty" McAllister, Harry
T. Sbannon, Catherine Crawford,
Anna Propp. Mary Wilson, Lillian
rowler, Margaret Taylor, Jack
Iundr. Bd tlulglef anil a chorus of
fas girls. One nf the feature! Is a
- IP! ' ,.r,t.n.V
KIDNEY
TROUBLE
DISAPPEARED
Xft.
' Qne Month Treatment With
. "FRU1T-A-TIVES."
MR. HCNHY DATEH,
' Iron the tip of Cape Cod to Masna
eauaett, to the Golden Gate In Cali
fornia, ha come endless praise for the
wonderful healing power of 'Frait-a-liTea,'
or Fruit Liter Tablet, tht
ttitdirin modi from fruit juicct and
ral table tenia.
Right here at home, we hare the
testimonial of Mr. Henry Daler of
MS Firt Aenue. Troy, New York
who a rote under dale of April Mth.
last. '
I hare been a great sufferer for
tear with Kidney Trouble and Con
lUpaiion. ' I tried 'Fruit-a-tWet' about
.1 Qouth ago, and with almoit im
wediata results. The Kidney Trouble
I a disappeared and the Conitipation
it fast leaving me.
Oc a box, 0 for (1.20, trial site tSc
l all dealer or ent on receipt of
riee, by PIIUIT-A-TIVRS Limited,
DGDENSIIlinG. N. Y. Adt.
Fin
L O'S AND A'S
Resinol
for chafed.blistered
feet-
11 you are foot-eore, and hare to
'and on one foot and then on the
tier to get relief you need Reilnol
i4SnenU For quicker result, first
l..vhe the feet with Resinol Soap and
vana water, then apply the ointment
on. retiring and bandage.
TWU tmtMt iIm Wn Uarti.n nlUi u
aJinnlroaKMaMlMhrUa miytMU.
fnt trUt nf 0md thtlmml
writ KtttmU, Bttimtn, Ud.
It la the purpose of this column
to aid Investors In forming Judgment
as to the value nf securities which
they own or contemplate buying.
Prediction as to how high, or low
a stock may go will not fee made.
Communications must be signed and
fflvn thn uildrnxs nf the sender,
Lovlngton, Vn. tt la suggested
that you call on your bank and ro
gue t thnm to recommend a New
York Slock Kxchango firm to you.
Q. Do you know If there Is any
foundation for rumors that tho In
dustrial Alcohol Company will soon
bu forced to do lomo now financing
and whether thn current dividend
rato will bo reduced.
C, T. IU, Union Hill. N. J.
Ann. tilnr.a your Inquiry was posted
tt has boon officially announced that
the company will offer stockholders
tho right to subscribe to 120,000 new
shareit at $70 per share, which will
brine outstanding capital stock up
from $12,000,000 to $24,000,000. The
present .dividend rote Is If per cent.
It Is officially stated that there Is
no apparent necessity for cutting ths
amount of dividend disbursements.
It Is well to differentials between
tho nmoiint of disbursements and the
rat nf dlHbursempnts. The now dlvl
drnd mto probably will be I per
rent, annually. In other words stock
holders will probably receive the
same amount of dividend return as nt
present.
Q. It may not bo' within the prov
ince of your Financial Q's and A's
column lo decide wugers, but you will
bo dolnff Just that If you will kindly
fttnln In next Katuril.vy's edition
whether It was thh Morgnn banking
hnusn or money supplied by the
Union I'uclflo Ilullroad that saved thn
Erlo from receivership In thn 1907
punlc-W. H. H.
Ana, If tho terms of the wager are
n they must be JudKed to be from
tho wording of your request, neither
aide wins: K II It.trrlm.in saved the
Krlo from receivership, and while he
was the head of tho Union Pacific nt(
that time, hn did nut mo that com
pany's money.
Tha Inside story of that transaction
may now be told for thn first time.
Thn Erlo bad approximately $5,000,000
nnten dun In April, 1901. The road
wns, practically bankrupt and pould
not meet the obligation J, P. Morgan
tt Co., tho road's bankers, refused to
advance funds to meet the note.
V. D. Underwood was then, and Is
now, the executive head of the com
pany, 1le did not want the Erie to
.go Into the hands of' a receiver. He
believed that It the road could raise
funds, to meet the payment ot the
notes it would pull through and be
come prosjxrous.
underwood weat to liarrimans
house and told him of the situation,
itarrimun even ttt that time was a
sick man, so sick In fact that he was
confined to his .bed. Underwood
begged llarrimun to do omelhlhs to
save the JCrle, but llarrlmarf, although
he annrvciated the fact ttmt the finan
cial foundations of the country, would
again b severely shaken If the road
pointwl oui
TO-DAY'S PHIOES:
Total sole of stocks JM,$00 shares.
In to-day's two-hour session the
stock market again gave a convinc
ing demonstration of It Inherent
strength. While trading was not vary
brUk, prices morej upward In an
I impressive manner under the leader
ship ot oil and motor shares.
Commission house report that the
public has not yet re-entered the
market on an Important scale and
tha further recovery appeared to- be
due mainly to the uneasiness of the
' large short Interest wblch now exists
and to the renewal of bullish pool
'anl lutn mKlviiMhlfi
that money at that time was aJmoat activity,
unobtainable and he did not believe Evidence of pool manipulation was
he could do anything. clearly discernible In Chandler Motor
Finally llarrimun told Underwood ,, .,. ,h.
that If J. P. Morgan Co. would ud- wnlch hot up II points In the last
vance him the necessary money on few minute of .trading. Dut other
adequate collateral he would buy the motor shares maintained a consist-
maturing notes and not present them mtif ,tronif tone throughout the en-
&lWZ cJ r'o".
with the proposition. Dut Morgan ft the day Yrlrh a gain ot I J-I points
Co. stated that they could do neth- and Studebaker with a net gain of
Ine. This was the dy before the 4 pnl8
noto were, due to bo paid. That meeJj aDd noUbly
afternoon Jude IU 8. Lovett, who" .
was at that Ume counsel for the Ann. norta that European govern
Union Pacific went to Uarrlman's . menu have begun to purchase the
home and told him of Morgan t Cos ( tnotal on a substantial scale sttmu-
refusal. Things looked dark .for the
Brie and for perhaps o, score or more
of Wall Street brokerage houses and
their customers as well as Investors
generally. Dut Haxrlmnn did not fftve
up hope. He told Lovett to roll at the
trauso early the following morning.
'Something." he said, "some way out
may yet be found."
Tha next mornlnr at 10 o Clock a
meeting ot the directors of the Erie a decrease In the loan ot account f t
lated the copper group of shares
Bterllnc exchange rates moved er
ratically. They at one time advanced
to $4.19 !- but later readied to
$1.17 1-4.
The bank statement showed a de
crease In surplus of $JJ,OJ,000 which
came as a disappointing surpriie. and
convened In J. P. Mortran ft Co.'s
office. Its purpose was to declare that
thn Erie was unable to meet Its obli
gations, rtecelvershlp papers had al
ready been drown up.
At one mlnuta to lOo'cloek an office
clerk announced that Judjre tovett
had called and wished to speak to tho
directors. lie w, of rourse. Imme
diately admitted. He said, "Gentle
men, 1 havo a communication for you
from Mr. Harrimnn." It was an In
tensely dramatic moment. Not one
director there, not even Underwood,
could gueaa the contents of that
roessngn.
Underwood hastily tore open the en
velope I In had coddled and nursed
the Erie through Its afflictions and Ills
much as mother would a child. He
did not want It put on the financial
gt'.illotlne when, with n little outside
ulC It could bo.madn to develop and
grow and prosper.
Th measngn proved a veritable
bombshell. It rwul In effect "Gentle
men, I have decided to purchaw for
my own account the $5,000,000 Erie
notes maturing this day." Hurrlman
had In somo way managed to rolM tha
money overnight The notes of course
were not presented for payment The
Erie was savod.
DIVIDENDS.
Atlantlo Coast Unit Co. regular
quarterly, ot $1.60 a share payable
Bept 10.
Keystone Tire Rubber Co; divi
dend ot IS per cent payable In stock
Bept. IS.
Boston V Albany R. It Co. quar
terly ot 2 per cent payable Sept X.
13l.911.00i) which was expected In
vicw of the decrease In the volume ot
stock market trndintr.
CLOSING QUOTATIONS.
Jim. a.,,
in. OaanoUra... SU
A. Bavtt. nw.. 7m
Am. TU, Tt. Co, 101
AMrea. Jltnli.. 7U
Alt., T. S. Y.. 0Uj
AL. 6tdf W, I. tOH
Baklvlm fmmadr. 10tH
OUt. Okla.,,1.. 401,
Dcth. AIM a trK (IH
Dlbi Rait. Tnaall Slli
Oil, tWfcura,.... ii
Cfntnl ltih4r,.., 01
i'wu4iu t'tnnt.,, 1U
Ctim. A Ohio C74t
cbK, uit hi rtot ' it it
CMno Ovt.,,,;, M
Cent froJ Co , MX
CrorfbW Siml U0
KtU l&H
ituwtl Atotoni On, SIT
ilmt Nor, Or At
ImUrwUM Uwr.. . Wli
liftnton Com
limtion Ooo. of... a
Uiiwrll Uu ins
tlf. lllrin- rt
U. iiulnn, pi.. 1 17
Of, tlbrh. Vo. Cks,
4 i ti 4- .
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e
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23
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ii
ait
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en
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lit. IM., ....... KT.H
.ImUlt OU MS
SwOm MVi
rtuolhrni luutoa.. -ja
ljrtrr l..,.. M
Tnm nnMi7.. ".mnH
UiSoa rwKle .... VSI&
(J. s. Int. AJroW H
8i B
U 4- W
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IWU H
K 4- U
ru 4- m
uou 4. m
10JH 4-
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UH4.fi
,4 4. m
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IMU 4. Mi
ei 4. iu
41 4. tt
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1311 r- Ik
!3f .e
MDERTV DON DR.
I l-:s, 99.90. up 0.04; 1st 4s. 94.1C,
up o.o; 2d 4s. 9:.so, up 0.04; ist
4 1-49, 94.2(1, off 0.04; 2d 4 1-4. 93,
Off 0.02; Id 4 1-4. 94.SO, off 0.0(1:
4th 4 l-4s, 92.11, off 0.02; Victory
4 t-4s, 99.00; 1 I-4s, 99.2. up 0.Q2.
i OtV On THE CtRB.
Opened steady. Bipulpa, 7-71.4)
Stanton. 1J-I 11-2; 8avoy. I l-l
16; Ranger, l-l S-Ij Federal Oil,
3 6-8 1 3-i Elk Basin. O-O; Glen
rock. 4 1-24 $-4 Commonwealth. Si
81; Slrams. 2129; Western States,
13 1-2; Clt Service. 44 $-4 4S;
Cosden, 91-410; Queen, t 10;
Rurk Van Ctv. 11-412-4; Llv
Ingston Oil, 2 S- 2 7-9; X)mar, B9
62; Amnlnamnted Royalty, 1 1-8
1 1-4; narnctt 1-S 3-16; llostnn
Wyoming. 99 70J Vulcan, 1213; B.
Gulf, SS1-4 SS1-2; Sinclair Comr.,
SSI-4 S5 1-2; Victoria. 22 1.4;
Merrltt 21 3.413 1-2; Houston. 100
115; Island Oil, . 1-2 X-4.
Tho close was strong. Shell 6$, up
1; Sinclair Co" nsolldatod SO,, up 1-2;
Hinctalr Gulf 60 3-9, up 7-9.
thr ctnn.
Opened steady. Dig Ledge, 1-2
9-lf; Perfection, 11-811-4; Un.
Profit, IS-8 2 7-8; White Eagle. 23
24; Drltlsh-Amerlcan Tobacco Cor
poration; 2223 Registered, 2223;
Cnl. T., 2S 80; Cons. Copper, C 1-8
6 8-8; Cresson, 2 882 3-4; N. V.
Shipbuilding, 63S( Aetna, 9 3-4
10; Packers. 54 86- "South American
Gold. 9S-8 9 7-8; Writers Marine,
4 3-45; Bubtrtartno Boat IS 1-2
1(1-2; Columbia Graphophone, 46
48; Curtlrs, 711; Golden Gate, 2 3-4
3; Hupp Motors, 10 3-4111-4.
Tho close wns strong. American
Hhlp.. SS 1-2; Tob. P. Ex.. 82 1-2, up
l; Allied Packers, 66, up 2; Ind. Ale.
rights, 24. off 1.
STERMNO EASIER.
Demand Sterling declined 2 cents
from the high to $4.19 1-4; Lire
checks eased oft to 9.55 llro per $1;
Peseta cables to 19.S0D cts., and
Swiss cables to 6.56 francs per $1;
Stockholm cables, 24.35; Belgian
cnbles 8.42 francs per $1: mark cables,
4.86, and Vienna cable, 02.03.
y 'dan icstXtement, " v!
Average Inst In $($,9(8.000; de
mand dcp.de. $2,393,000; time dep.de.
$3,249,000; res. de. l2l.iTS.4Wj actual
lns.de. $14,911,000; demand dep. de.
$S0.8I,(MX): Ume dep. da, $S,lt7,CWu;
deficit res.de. $53,948,400.
COTTON.
Own. Itlrtv Ix. lJut.
Vt 1 31.04 tool Sl.'T
Ore 3 .60 II. 11.30 31.6
.............. ai .u
!rtn 71 .t
31.6
SI. 44
31 U 31 '-'X
II 1 SI.4II HI. HI
V. SMS ll.trl. Jl 41 SI 4
iUnn rkwnl tirm, np 22 in 47 cxiU:
vtlon qnll up So PtXnUt Bkt't. tlpl.U. II l-l.
ON
B
IN
ABY HAD
H OLD
H
RAS
AndCradkCap.VeryCross.
HairTbiiL Citicmlleak
"My baby begen to bare a rash
and cradle cap from the time be was
one montn old. He would
scratch' and lie awako
and he was very cross.
His hair waa very thin
and he had hardly any
on his bead.
"Finally a friend told
roe about Caticnra, so I sent for a
free sample. I bought more and three
cakes of Soap and two boxes of
Ointment healed my baby." (Signed)
Mrs. H. TarugUa. 64 Polk Ave.,
Corona, L. I. N. V.
Improve your skin try dally use cf
CutlcuraSoap.Ouitmentand Talcum.
3s Xtc. Ohtmanl IS mU EOa. TJa
2U. Sold Uirousrmit Um world. Fr
mpi etch free ddrras: "XMcmn L
-rM, Dwt. It MU, M.M."
fCtUmn Sap 4rM wHWrt mc
4 jjf
une
Trial
Proves
its value
6 Bell-ans A
Mnt wnfrtr
Sure Relief
RELL-ANS
IsTFOR INDIGESTION
Beecham's
Pills
will rapidly Improve yonr j
comploxlonbyarousingthe
liver and putting stomach
and blood in good order.
UrtilSUf Ar M;dJU la U Weri. j
Sold tnrr-
World "Wants" Work Wonders.
TOM MOORE AT RJALTO
IN NEW ROMANTIC FILM
Tom Moore, In his new Ooldwyn
picture, "Heartsease," will appear at
tho Rlalto as a struggling composer
who dream ot his unfinished optrn.
Ho U In love with the daughter ot a
nobleman, but, through a mliunder
stanling, she accepts the proposal of
another. Involved In the structure of
the plot Is thn thott ot the yoin?
man's opera by his rival. In the
struggle which ensues for the posses
sion of his work, he receives a blow
on the head which causes him to luse
his memory, Rome time later he at
tends tho first performance nf a new
opera at Covnnt Garden, discovers
that the music Is his own apd grad
ually his memory returns. A comedy
called "Her First Kiss," the Rlalto
Magazine, and orchestral and vocal
miisla will complete tha programme.
"CHECKERS" AT CENTRAL
AND QTBER FOX FILMS
Stops Paih
CRAMPS
naaways i
c ABuady
DYSENTERY fl.f istf
ebJ4U4woJ??UvIICl I
at Ml. iu
II mil U1t4
u im. w9
rtmiif .
'TOO
LATE''
Death only a matter of ahort time.
Don't wait until pains and aches
becomu incurable diseases. Avoid
painful conscqucncea by takinc
COLD MEDAL
I.;
1
PAKKER'3
HAIR BALSAM
ruintamdlrtu itainlL
For Rnterlss Colo u7
BwrtrUCnr ud Fdd lUIr.
Uautr.ilil tnnWt
The world's standard ramtdy forlcidnsy.
liver, bUddtrsnd urleacldtroubUt the
Hatlonsl Rtmtdy of Holland sine 1699.
Guaranteed. Three sites, all druggists.
Lock far tlir snm Cold Medal en arrnr
mix 1,11.1 uncut no Imitation.
fcftfafc.nillTWHr
No More Indigestion-
If you
take
'The Doctor in
Candy Form"
Indigestion, constipation, foul breath, dis
appear like magic if you use Partola Tablets
They overcome indigestion by relievyig
bred, upset stomachs; put the bowels ana
liver to work and clean out and tone up the
whole system. Fine for pasty, sallow com
plexions. Best tonic laxative for children
and adults. At all druggists. Ask for
Partola Tablets today. 25c, 50c and
$1.00 boxes. Trial size, 10c
"Checkers," a film version of the
story and play by Henry Blossom,
111 be presented by William Fox at
the Central Theatre. The cast Ss
headed by Thomas J. Carrlgan and
Jean Acker. MUs Ackr rides Old
Rosobud In the racing climax. She
has several daring feats to perform,
Including a leap from a, burning box
car Into the1 river when the train at
Ctawbrldgs Is wrecked. She also Is
rescued from a dory In Now York
harbor by seaplane.
The Fox productions ot "Eranre-
llne" and "Kathleen Mavourneen."
with Tbsda Darn, will continue at
the 4Mb Rtreet Theatre.
For th first half of the week the
Acndomy nf Music will offer Crelghton
iiaie in "The istn Chair' and Dorothy
dish In "Nugget Nell." When the
bill changes on Thursday the features
will be Frank Keenan In "The World
flame" and Hess e Bamscato' In
Her Purchase Price,"
"NOBODY OME"AT RIVOLI
WITH DOROTHY GISH
Dorothy Olsh will be seen at the
RlvoM In "Nobody Home," a film
comedy by Lois Zellner, The central
figure la Frances Wadsworth, an ex
tremely superstitious girl, who Is
consulted by her friend with regard
to-a love affair. Referring to the al
manac, Frances discovers that Venus
la In the ascendant and suggests an
elopement. During the wedding cere
mony Frances falls In love with the
best man and the courtship progresses
until he proposes on Friday the
Uth. Moreover, the cards tell her
that a blonde woman Is to enter her
fiance's life. She Is a brunette. This
causes her to break her engagement
and accent another suitor. A blnek
cat on her weaaipg day leads ber to
postpono the ceremony and subse
quent events lead her to disbelieve In
Mgns. There, will be other screen
reaiures unu musical numbers.
PROCTOR VAUDEVILLE
AND PICTURE PLAYS
For the first half of the week Proo
tor's Fifth Avenue Theatre will have
Hope Vernon, Stanley and Magle Dol
son and others. There will be an en
tire change of bill on Thursday with
J. C, Mack, J. Rosamond Johnson. Leo
Kohlman, Ed. Janls and Qlrls, Maud
and Marlon Dunn and motion pictures.
irocwri mcuii.inira Mireet Tin.
atre will start the week with Clinton
ana uoaney, wnanea Himpion, Al,
unayne, i-incninwio, and the Kino
gram. Thursday will bring Loin
Ulrlle In "l'lnymatea," the Spanish
mincing; uuvi, ana pictures.
"THE SIGHTSEERS"
AT HURTIG & SEAMON'S
The Sightseers" will be the attrac
tlon at Hurtlg tt Stamon's Theatre,
appearing in a musical burlesque
called "Walt a Mlnuta."
SEIZURE of FOOD
in STORAGE!
What Effect Will It Have NEXT Winter?
BEFORE embarking on
nrtrv nf (t striven ae fnnrJ
what seems to be an
orgy of "storage food seizure," it is proper
that the public and officials look beyond the
immediate present !
Agents of the Government, attempting to quickly reduce living costs, are seizing
stored food stuffs in various sections of the country, and announcing their inten
tion to force immediate marketing of the food, some of which is in process of
cure, the balance for use in winter or the season of short production.
Foods That Are Stored -
The Surplus Egg Production' of' March, April, May and June.
.The Surplus Butter Production of May, June and July.
The Surplus Beef from Range Cattle as Marketed in the Fall.
The Surplus Pork Production (Most of It To Be Cured.)
Unless the surplus of the season's production is 'available for
gradual distribution there is bound to be a scarcity.
The present movement may be likened to the
cutting down of a tree in order to obtain its fruit.
That is one way to get the fruit in a hurry, but
it has a disastrous effect upon next year's crop.
There can be no defense for the withholding of
food in order to increase the price. We do not
do this. The use of cold storage for speculation
deserves the severest condemnation, and every
good citizen willendorse common sense inspec
tion of food reserves.
A line must be drawn, however, between specu
lation andlprudent laying away of food for the
season of non-productivity. If the course of un
checked seizure is pursued, it will mean shortage
next winter,
Most of the meat in storage is owned by firms
which perform a real function in the process of
distribution, and which have regular customers,
whose needs they supply. The success of these
firms depends largely on the ability of their
managers to estimate market demands and to
buy, store and sell accordingly.
The fact that there is more food of various kinds
f in storage at this time than was; the case a year
ago is really beneficial when consideration is given
to the fact that 100,000,000 people in the JL'.S. A.
are to be supplied and foreign countries as well.
Our business experience for a period of years has
had to do with problems incident to the storage
of food and we Delieve that if food supplies, now
in storage be prematurely forced on the mar
ket HUNGER may join our ranks this winter.
Institute of American Meat Packers
I'sV