The evening world. [volume], May 19, 1920, Final Edition, Page 15, Image 15

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

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

                
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7 TIMES ITS CAPITAL
kContlnued From First Page.)
fly 1ST per cent., lo 1917 ovor 172
ent. and In 1918 approximately
ber cent In theso four year the
surplus more than doubled, as
tir from $25,137,413 In 1916 to
2,881 la IMS.
1916 the not earnings after do'
he nominal Federal tuxes were
1.268. Tho heavy Income and wc-
, prollts tax.es wero imposed by
.'jma In 1917 and tha Atlantio Re
jig: Company paid In thoso taxesi
i .1 i , ttiti m amiu xn.iiiiii.uini. niiL luu uul I
.' Jjtixi for 1917 was $8,364,384. In
'fffbrds the company tool; care of
10,000 in taxes and suuerca a loss
fet lncomo of only about, $700,000
In 1918, after paying approxl-
tly $5,000,000 In Federal taxca, the
bany showed a net lncomo of
:99,491, a loss on tho year of np
Mmiiniv . i run nni. out nf in.
lied Incopio In 1917, wlinn tho price
a uollne began to climb, the Atlantic
inlntr Company paid six-sevenths
nsed inoome In 1918 with the prlco
of rasollne eong up tho corporation
paid, approximately three-fourths of
Its Federal taxes.
The Atlantio rtodnluff Company
operates refineries at Philadelphia
Plttcburch and Franklin, Pa., ana
Ilrunswlck, aa. It also conducts a line
of tank steamships rapi-tucntlng- an
Investment, of almost $9,000,000 and
controls a number of subsidiary com
panies. The United States Government was
a huvy buyer of fuel oils from the
Atlantic Refining Company during the
war, when tho profits of tho company
reached phenomenal proportions.'
About a year ago the company
brought suit against the Government
for $2,200,000 alleged to bo due as a
matter of difference In tho prlco of
fuel "II nupplled to the navy.
ANGLO-AMERICAN ANOTHER
STANDARD OIL ORPHAN.
A Standard Oll orphan of foreign
birth Is the Anglo-American Oil Com
pany of England, organized under
tho English laws In 1837 to be the
marketing company In tho United
Kingdom of tho Standard Oil, Com
pany of New Jersey. In accordance
with tho decreo of the United States
Supreme Court In 1911, tho stock of
tho Anglo-American Oil Company
owned by the Standard OH Company
of New Jersey as a corporation was
distributed to tho shareholders of tho
Standard nil Company of Now Jersey.
The capitalization df tho Anglo
American orphan Is rated in pounds
sterling, and owing to the shifting
rate of exchange In the last few yearn
an effort to set forth Its financial op
orations In dollars would bo confusing
and propably Inaccurate. Tho capi
talization was raised from 2,000,000
pounds sterling to 3,000,000 pounds
sterling: In 1917, and stockholders In
the United States wero let In on tho
new issue to tho extent of 50 per cent,
of their holdings at $7.f0 a share.
, An Illustration of the scrupulous
care taken by the Standard Oil Inter
cstu to comply with the laws or the
countries In which they operato Is
taken verbatim from a pamphlet of
information and advice to Investors
Issued on Jan. 23, 1920. Speaking nf
the increase In capitalization the
pampnlet states:
"Inasmuch as war regulations pre
vented the Issuance of new capital In
the United Kingdom during the war,
A SCHEME WAS ADOPTED where
by tho ratablo proportion of the new
stocl- was reserved for subscription
by shareholders resident of tho United
Kingdom at tho prlco of one. pound 11
shillings and sixpence and the Issue
to thorn lu the mean time of scrip cer
tificates." U. 8. 8ENATE PERTURBED OVER
REPORT8 FROM ENGLAND.
Considerable perturbation was
manifested In tho United States Sen
ate on Monday ovor tho deoiro of
Great Britain to monopolize the oil
business of the United Kingdom and
the colonics. Whether this pcrturba
tlon was Inspired by Standard Oil
Irterests cannot bo ascertained, but
the Standard Olt Interests wore ap
parently not much' worried about the
outlook In the United Kingdom less
than a year ago.
At that time A. C. Bedford, Chair
man of the Standard OH Company of
New Jersey was In England. News
paper reports stated that ho was be- I
lleved to have been In close touch
with oil 'negotiations of "an Im
portant Intel-national character" In
volving the Anglo-American Olt
Company, More recently newi de
spatches from England stated that
the Value of the Anglo-American
Oil Company hnd been Increased
by the plans of tho British Govern'
ment to control Its oil Industry, and
last November It was announced that
the company was about to build a re
finery In England because present
British laws exempt from certain tax
payments gasoline mads In England,
In the eight years, 1912 to 1919, the
Anglo-American Oil Company bai paid
to Its American stockholders 190 per
cent, of their holdings In cash divi
dends, and also ti stock dividend of
100 per cent. In 1111. With cash and
stock dividends averaging almost
t7K per cent, per annum the Br'l'sh
Standard Oil orphan (s almost to
kind, to Its foster . parents In the
United States s tho American or
Dhans.
OPERA CONDUCTOR-WEDS.
Miss Thornton Uecamra Ilrlde t
IUohard Ilnscmnnn,
niehard Itagemann, one of the staff of
conductors of the Metropolitan Opera
Company, and Miss Helna, Thornton,
whoso slngtntf InstruotcA- he has been
for several roars, wero married yester
day morning at the West Side Presby
terian Chur. h. In Entfewood, N, J by
tl . Rev. David Johnson.
This was Ilagemann'a second matri
monial venture, 'tils first wlf. whom
he nmrrted In Holland In lWt also nu
a singer, known professionally as Roj
Inn Van Dyke.
GET WISE! SAVE MONEY
Urn iwlMtUn at enrtotn
mad, allshttr nm mis
fit una nooetlnl tor
Suit, $5 to $12
Crate an fnU.2.no C
nxttr tttui ohmiB clothing.
Ctn for jsurnir.
SAMPLE SUITS
M. COHEN
I l(t Tin At B.B. ar. ITik Rt.
OPEN 8 A, II. TO 9 P, 11.
S3
.V- vo -
I "CJ3 If
Crisp disks of flavory
STORE OPEN 9 A. M. to 5 P. M.
W of rink Aruu
THURSDAY
FRIDAY
n
EA30N ALE
3000 HOUSEDRESSES
Regular and Extra Sizes
Fashion turns a smiling face on the thrifty and economi
cal housedress, and contributes to its utility worth a
splendid charm of delightful styling. To this we add
our once-a-season value which permits savings so large
that women who buy may almost double the number of
their purchase, and "still pay no more than originally
planned.
, Housed resses
Sizes 36 to 46
Are of Gingham and Chambray
in plain colors, checks, plaids,
plain and. fancy stripes with
trimmings of pique, poplin and
hemstitched organdie, and are to
be had in the models sketched
above. f
Housed resses
Sizes 48, 50 and 52
Come in the two styles shown on
either side, and are in gingham
and chambray, with pique trimmings.
Itf f
NO EXCHANGES
NO RETURNS
Se other pages for our three column adv. and Start of Season Sales of Children' and
Boys Underwear, Window Screens and Surf Cloth.
We Started Something
Four weeks ago when we started our drive to cut
clothing, prices in response to what we construed
to be public sentiment wc1 started something:
And We've Never Started Anything We Couldn't Finish
So Now We Are Going One Step Further 4
Than Any of Our Many Followers
An'd Offer, Commencing To-morrow, at 8:30 A; M. i
Everything in the Stock
of the Seven Brill Stores
For Men, Young Men, Boys and Children
Including All f Kuppenheimer Clothes
25
Off
Spring Suits
Summer Suits
Winter Suits
Spring Topcoats
Palm Beach Suits
Mohair Suits
Cool Cloth Suits
White Flannel Trousers
Khaki Trousers
Trousers of all kinds
Evening Apparel
Straw Hats .
Panamas
Caps
Derbies
Soft Hats
Canes
Umbrellas
Suit Cases
Traveling Bags
Trunks
Jewelry
Bathing Suits
Sliirts
Underwear
Neckwear
Hosiery
Pajamas ;
Collars
Bathrobes
House Coats
Sweaters '
Belts
Suspenders
V
AND IN THE SHOE AND WOMEN'S SHOPS OF OUR 49TH STREET STORE ONLY
All Misses' and Women's Apparel Waists, Suits, Millinery, Dresses, Bags, Umbrellas, Sweaters,
Scarfs, and Nearly All Shoes for Both Men and Women.
Our Entire Regular Stocks with the exception of Chauffeurs'
Apparel, Two Restricted Lines of Hats and a few Lines of Shoes.
To-morrow Morning at 8:30 at All Seven Brill Stores
No'C. O. D.'s. No Exchanges. No Approvals. No Refunds. No Deliveries.
Ksthevi.
279 Broadway
44 East 14th St.
Broadway, at 49th St, 47 Cortlandt St, 2 Flatbush Ave.
1 456 Broadway, at 42d St. 1 25th St., at 3d Ave. Brooklyn
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