The evening world. [volume], May 12, 1922, Wall Street Final Edition, Page 32, Image 32

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

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

                
THE EVENING WORLD, FRIDAY, MAY
1022.
'FEDERAL INQUIRY
OF STEEL MERGER
VOTED BY SENATE
LaFallette Resolution Calling
for Investigation Adopted
Monopoly Feared.
WASHINGTON, May 12. Federal
Inquiry Ino reported plnns for a mer
ger of a number of the lngrcst Inde
pendent steel concerns. Including the.
Bethlehem and Lackawanna com-
i panics, was ordered to-dny by the
i Senate, In adopting a resolution of
? Senator La Follette, Republican, WIs-
iconstn, calling upon the Department
of Justice and Federal Trade Commls
! slon to take steps designed to prevent
I the combination.
i Adoption of the resolution followed
n extended address by Senator La
"Follette attacking the proposed com
jbtnatlon, which he said would give It
land the United States Steel Corpora
jtlon virtually complete domination
lover the steel Industry. UnanlmouH
(consent was given for Immediate con
sideration of tho resolution and there
(was little other discussion.
Imerger report
! ' boosts stocks
Quotations Skyrocket When
Absorption of Bethlehem
S is Announced-
' Statements Issued In ofllclal iuar
Iters last night that tho Bethlehem
'flteel Company and the Lackawanna
Bteel Company were to be consoll
. da ted resulted In a wild market dem
onstration In the Luckawanna's stock
this moaning. Rabid speculation'
spread to shares of other Independent
ateel companies and numerous high
marks lor the year were registered.
Deforo tho financial district gained
knowledge yesterday that the Bethle
hem and Lackawanna Companies were
to merge, the stock, of the latter sold
at D7 1-2. Within -the last few min
utes of trading yesterday It Jumped to
(5 3-4. This morning It opened at 73,
rose to 75, fell back to 71, then
quickly roared to above 78, for a gain
or more than 21 points over tho low
f yesterday. Otner Independent ttoel
stocks rose from two to four points.
While terms of the. consolidation will
not officially bo made publlo until next
week, It was stated to-day In quarters
considered reliable that stockholders of
tho Lackawanna Company will be
given In. exchange for each share of
their, stock, two-thirds of a share of
Bethlehem Steel "IV Ptock and one
third of n share of Bethlehem Steel 7
per cent, preferrcdi
POLICE EMPTY GUNS
AT FLEEING THUGS
Pair
Two
Mrs. Mosher a Merry Widow Now;
Mine. Calve Adopts Her as Protege
Also Show Power to Do It,
Chamberlain Tells Women's
Meeting.
LONDON, May 18 (Associated Press)
Austen Chamberlain, Government
leader In tho House of Commons, ad
dressing a mass meeting of Unionist
women here this afternoon, declared
tho tlmo had come when pie Govern
ment might expect tho Irish signa
tories of tho Anglo-Irish treaty not
only to show good faith to kecp.lt, but
also the power to do It.
Effort
Sails Next Month to Study for Grand Opera
Roles as Guest in Diva's Chateau.
Steel $1,050 in 11 Cash
and Gems in
Brooklyn. ,
young men put revolvers
across tho bar conducted by Anthony
iHader qf No.. 010 18th Avenue,
Brooklyn, this afternoon, drove him1
Into his cellar, took a 1700 diamond pin
.from his finger and went Up and took
$350 from the cash register. Mr.
Kader called through the cellar win
dow to his son, William, who made
Vigorous uso of a police whistle.
Policemen McOowan and Kirk, on
duty at a school crossing two blocks
.-away, tried to Intercept tho fugitives,
, who climbed Into an automobile and
drove oft while the policemen emptied
their revolvora at them. They ca
, caped.
H FOREIGN DRAFTS SOLD
ARE NO GOOD, IS CHARGE
Several !. T. Hank Complained of
to State Department.
District Attorney Banton to-day be
gan an Inquiry Into complaints to' tho
State Department that several Now
fork banks have been selling foreign
exchange drafts on German nnd Aus-
. man nanus in wnlcn they have no
r accounts.
1 J. Klahr Huddle. American Counsel
at Hamburg, wrote the State Deparl-
ment. It was announced, that mony
naturalized Americans visiting Ger
many havo suffered, and tho Dcnart
4 ment has Informed the District Attor
ney that many residents here who
have sent drafts to relatives have
complained the drafts havo not bcf.n
honored. George McLaughlin, Stato
Superintendent of Banks, is assisting
the District Attorney, who expects to
present tho matter to the Orand Jury
. MORSE TRAILED DAILY
BY U. S. DETECTIVES
As tho result of half an hour's ac
quaintance, Mrs. Juliet Mosher, a
young widow who lives with her pa
rents, Mr. and Mrs. John Griffith ot
No. 670 Park Avenue, will sail fOt
Krunco early next month, to bo tho
guest and pupil of Mmc. Emma Calve
at Iter chateau In Southern Trance.
Mmo. Calve, who lias" refused nun-
drcds of pupils thlb season, was In
stantly captivated by tho personality
and voice of ydung Mrs. Mosher And
declared her to be tho Idecl type foi
grand opera roles, such as "Mlml"
and "Madatna Butterfly."
"It seoms almost too good to be
true," said Mrs. Mosher, who is a
small person with golden hair and
brown , eyes, to a reporter for Tho
World yesterday,
"I had heard Mine. Calve and ad
mired her enormously. 'If I could
only study with that woman, I
thought but having no letters of In
troduction It was ages before I could
screw up my courage to ask her to
hear me. I went to her apartment
Monday at tea time, with my accom
panist, Mrs. Grace Marshall Bowden.
There was Mine. Calve, surrounded bv
DLENESS ON DECREASE
THROUGHOUT NATION
IllBraest Gain In Employment in
April Since (First or Year.
WASHINGTON, May 12. April has
shown the greatest gain In employment
throughout tho coutnry o fany month
since the first of the year, E. E. Hunt,
Secretary ,of the President's conference
on unemployment, declared to-day.
Employment, he said, is showing a
stcadyand sustained gain, April reports
being the most encouraging' of the year
and Indicate the upward trend of In
dustry and business.
Ileports from thirty-four States ana
the DUtrlct of Columbia showed that for
every 100 lobs listed during the month
there were ICO applicants as against
113 In March, 205 in February and 22C
in January. This is a decrease oi 33
per cent, over tho number applying for
work the first tour months of the year.
Home Not
f Seek Seclusion at Old
,. Vr-t Arretted.
BATH, Me., May 12 (Copyright).
j Charles IV. Morse, seeking seclusion
- once more from a host of pursuers, has
ome back to Ms old home here, where
they declared a holiday and burned red
lire years ago when he was released
s trom the Federal Penitentiary In At
lanta. He has forsaken his residence In
New York and come here to spend pos
albly bis last days among old friend
ana well wishers.
His refuse Is not undisturbed, how
ever, for Mr. Morse Is under constant
surveillance of special agents of the De-
. panment of Justice. They note hla tall
ers and evry time ne saunters out for
a stroll, or motors over to Brunswick
r down to Portland, a detective trail
him and reports to Chief Duma, every
twenty-four hours, what Morse has been
doing. He has not been taken Into cus
tody on the New York bench warrants.
trunks, ready to go to Europo to
morrow. Feeling distinctly nervous I
sang a group of little French songs.
After that It was all decided In a
mln'ite.
"Mrae. Calve Insisted that I spend
the summer as her guest with one
other Amo i glrl whom sho 1 is
askejd. She told" me that I should
p e to sing In cssra, which 'wi
great surprise, for I have always
thought I had c-!y a concert volpo.
It! la like a glorl "J dream ray feet
nurdly touched the ground when I
left Mme. Calve's aulto at the
Savoy."
Mrs. Mosher sold that she had
studied a Utile moro than two years)
with Oscar Slegel and Herbert With
ers poon. Her "studies were Inter
rupted, she said, by her debut In so
ciety and her marloge to Dr. Burr
Burton Mosher of Brooklyn, who was
killed a year and three months ago
in an automobile accident. She has
been singing professionally as soloist
with tho Beethoven Society and under
Kurt Schlndlcr at Metropolitan con
certs. It will be at least two years,
sho feels, before she Is ready to sins
in New York.
Irish Will Make On Mere
for Peace.
DUBLIN, May 12. Another peace
effort la to be mads by the Unity
Committee of the Dall Klreann. When
tho reports of both parties' repre
sentatives were presented they were
accompanied by a motion for ad
journment of the Dall until Wednes
day to give the committee oppor
tunity to meet again.
This meeting was fixed for to-mor
row.. The Dall agrcoa to the adjourn
ment and the truco conditions were
accordingly continued for a week.
The prospect to-day Is that 'a
compromise agreement will be' reached
Saturday to .vhlch the bulk of the
political Republican leaders will sub
scribe. The last ditch lrreconcll-
ablea will be let to carry on their
extremist war policy. These will
probably muster ten or twelve votes
In the Dall.
From a reading of the committee's
eports, It appears that when the
political leaders failed to agree :hoy
called In a group ot army officers,
led by. Commandants Hcgarty and
Breen, to devlvse a formula satisfac
tory to both sides. Not flvo soldiers,
.it five lawyers were what the situ
ation demanded, the officers said, but
ey went to ork.
As a tesult they submitted as a basis
agreemont a document which
recommended uncontested elections
and a coalition Government which
would command the confidence of the
people thereafter. In a preamble
thty declared this agreement Is nec
essary because the people want peace
and the treaty and that a majority
of the Dal) voted for tho latter.
SAID THEY FOUND BONDS
WORTH $40,000 ON ROAD
Stolen (From Hllmont. J. Y.. Dank
In SSIOO.OOO Itobbery.
BOSTON, May 12 Bonds valued at
f.40.000 found in the possession of Mack
Kline and Harry Manlff, arrested here
last Wednesday, were stolen from the
Phllmont National Bank at hllmPont,
N. V., on the night of March 22 this
year, the police learned to-day. It was
said the loot from that robbery
amounted to more than 3200,000.
Kline and Manlff, both residents of
Revere, were arrested in the ofllce of a
broker who reported that they had re
quested a loan of 175,000, offering 1100,-
000 ot bonds as collateral. heW'n taken
Into custody they had bonds valued at
flO.000 and said they found them on
the highway between Revere and Horn-
ervllle In June of last year.
GIVEN 10 TO 20 YEARS
FOR ROBBING WATCHMAN
Three Men Sent to glno Slnar for
2,325 llold-np In November.
Judge Rosalaky, In General Sessions,
to-day sentenced three men to Sing Sing
for from ten to twenty years for rob
blng Stralkl Haiirlsz, a night watch
man, No. 590 Water Street, ot S2.32S
last November.
Alexander Koren, twenty-seven. No,
73 Suffolk Street; Frank Olkskik, thirty
nine, No. 119 Broome Street, and John
ICuzolnlk, thirty-six. No. 10 Cannon
Street, were convicted on the charge last
night.
MAN lll'HT UV At'TO III!TIFILI)
The man who was struck by an auto,
mobile at 117th Street and Seventh Ave.
nue, late yesterday, was identmed as
Harry Kaplan, thlrty-flve. of No. 117
West 117th street, at Harlem Hospital
to-day.
BROOKLYN MAKES
THE BEST SHOES
Haverhill Company Wins
Suit Despite Inferiority
Implied by Witness.
A scaled verdict opened to-day by
Justice Callaghan gave $43,915 to
Frank J. Bcodley, head of the Brad
ley Shoo Company of Haverhill,
Mass., against Charles B. Wethey of
tho Chrles' B. Wethey Shoe Company
)f No. 78 Rcade Stroet, Manhattan.
Bradley sued to recover 350,000, claim
ing tho defendant had violated a con
tract.
Bradley shipped shoes to the
Wethey Shoe Company, according to
the testimony; part wore returned and
the suit followed. Frank Westcott ot
Westcott and Whltmore Shoo Com
pany, a witness for defendant, was
asked as an expert, as to the quality
ot the returned snoes.
'They are not Brooklyn shoes?"
said tho witness.
What do you mean by that?1
questioned the Court.
"Well, your Honor," he replied
Brooklyn makes the best grade of
women's shoes. It Is tho standard for
the best shoe."
"Well, I am certainly glad to hear
that," said Justice Callaghan. He
lives In Brooklyn.
SCHOOL HEADS RESIGN
IN POWDERED NOSE ROW
i
Parents Voir, Approval of Puff and
Short Skirts.
SANTA ROSA. Calif., May 12. A
controversy over whether Mrs. E,
Thornberry-CIose, Principal of the
Rlncon Valley School, should resign
liecauso she powders her noae and
wears her skirt eight Inches from
tho floor, has resulted In the res irna
tlon ot two of the three school trustees.
Mrs. Thornberry-CIose was asked to
resign, but refused until a poll of the
school parents was taken. The poll
sustained ner n to a.
NEW BILLVOULD PAY
HALF BONUS AT START
WASHINGTON, May ii,X substl
tute foe the pending Soldier Bonus Bill
was Introduced to-day by Senator Bur-
sum, New Mexico,
This bill follows the general outline
of the McCumber bill but provides for
immediate payment of 64, per cent, of
he adjusted service compensation and
the isuance of certificates of Indebted
neas bearing 3 1-2 per cent. Interestf
due Sept. 30, 1327, tor the unpaid
paianoe. ,
RISH ARE WARN
ED
OSHOWGQODFAITH
N SIGNING TREATY
GOOD ADVERTISING
NECESSARY TO GET
LOANS, SAYS BANKER
Greatest St. Louis Bank
Built Up by Use of News
papers, He Tells Ad. Men.
The Now York Council of the Am
erican Association of Advertising
A.genclcs held a largely attended
luncheon at noon to-day In tho Pcnn-
ylvanla Hotel. Tho speakers wero
John O. Lonsdale, President of tho
National Hank of Commerce of St.
Louis and John T. Pratt, attorney
andllrcctor of the New York, New
Haven and Hartford Tlaltroad.
Mr. Lonsdalo traced tho progress
of banking advertls'ng from tho days
when banks published only their
periodical statements In tho newspa
pers, to tho presont time, when the
most successful banks are among the
largest users of newspaper space.
I believe In advertising with my
whole heart and soul," he said. "In
St. Louts I have built up one of the
nation's largest banks, and advertis
ing, backed by the goods, as It al
ways must be, has been an Important
factor."
The modern banker, the speaker
said, bears a much closer relation to
the commercial life of his community
than the banker of recent years. In
every case where business Is In need
of funds tho modern hanker Investi
gates not only the assets and dlabll-
Itles. but the firm's advertising
methods and plans, because the bank
er knows that even the best goods
and management cannot attract cus
tomers without Intelligent adver
tising. ASKS TO RESTORE STATUS
OF N. Y.,'N. H. & H. ROAD
Coanarl
PRINCETON TO HAVE
10-STORY CLUB HERE
Fesri Absorption
, Some TrnnU I. Inc.
E. J. Buckland', Vice President and
counsel for the N. Y N. H. & H. R. R.,
began an argument to-day before Fed
eral Judge Mayer on the petition to
nnul the dissolution decree handed
down Oct. 17, 1911. Attorney General
Dnngherty was In court.
Mr. Buckland dwelt on the necessity
for the community of interest between
the Boston .& Maine and tntf New York
New Haven. He said he had been
Informed that the New York Central
was to take over tho Boston & Maine
and he had laid the matter before the
Attorney General, with whom ha. had
had two conferences In Boston. He did
ot say what the Attorney General said.
but stated it was subsequent to theire
conferences he hda made his applica
tion for the annulment of the decree.
He said the community of Interest In
New Bngland demanded 'the protection
of its principal railroads as the absor
bltlon of either by a trunk line would
seriously affect New England .Interests
and militate against trade by New
CnEland through the Panama Canal.
The necessity of the two lines being In
accord on through business was em
phasized.
lans Filed To-Day for New4
$150,000 Structure and
$40,000 Alterations on
Old Building.
Plans have been filed with the
Building Department for tho new
ten-story home ot the Princeton Club
at No. 39 East 39th Street, to cost
3160,000, and to mako alterations to
the four-story dwelling at the north
west corner of Park Avenue and 29th
Street at a cost of 310,000.
In tho new building will be a dining
room, club room, oquosn courts, witn
dressing and lounge rooms, and from
the seventh to the tenth, Inclusive,
bedrooms.
Tho altered building on the corner
will contain a cafe and library, dining
room, card room and library on the
first floor and bedrooms on tho sec
ond, third and fourth floors. Aymar
Embury 2d Is tho architect.
RIVATE FIRE ALARM
TO COST $10 A YEAR
City Haa Bern Ilr.ertvlnRr Tto Ileve-
nue From 0,000 Doxrs.
The Board ot Estimate decided to
day to charge 310 a year for each mas
ter private fire alarm station installed
In private buildings. This chargo is
subject to revision, however, In the
event It is proved In a report by Com
mlssloner ot Accounts Hlrshfleld that
the 310 chargo Is confiscatory.
Arthur J. Baldwin, who has appeared
as a legal adviser of Charles F. Mur
phy, leader ot Tammany Hall, repro
sented the National District Telegrapn
Company, and declared an equitable
rate for that company would be 32
year. Fire commissioner urennor
sooke for the 310 fee. He declared tnere
are 6,000 private fire boxes In this city
from which the city has received no
revenue.
ROBBED CLUBMEN PICK
HOLDUPS IN "GALLERY
Two, Said to Have Records. Ileia
in UTa Itobbery.
Detectives Cavanaugh and Govern of
the Ralph Avenue Station, Brooklyn
yesterday arrested Harry Tonler, twen
ty-flve years old, who said he lives at
No. 2003 Fifth Avenue, Brooklyn, and
John Haughey, twenty-nine years old,
of No. 216 Tenth Avenue, Manhattan.
In a robbery last Sunday at the point of
revolvers or memoers of the Gates Loan
Association, No. lzto Broadway. Brook
lyn, money and Jewelry valued at 31,273
was taxen irom lourteen victims.
The detectives had taken three club
members to Police Headquarters. Man
hattan. where, according to the police.
they picxea me picture or Tonlen as
likeness ot one of the hold-ups arid one
said to ce itaugney as another.
Tonler, the detectives say. Is now out
on ball -on a recent Brooklyn Indict'
ment, charging him with grand lar
ceny. The men will probably be ar
r signed In Gates Avenue Court.
Brooklyn to-aay.
by
DEER MENACE TO AUTOS
IN JERSEY FOREST FIRES
Another Nrsr Cape Mar Threat
ene Honsea In Its I'ntli.
(Special to Th Evening World.)
CAPE MAY. N. J.. May 12. Another
forest fire burned all yesterday after
noon and last night between Woodbine
and Mount Ploasant.1 on the "West Jersey
and Seashore Railroad. Besldents ' oi
Woodbine and fire fighters from all over
Dennis Township prevented the fire
from burning several houses In the path
of the flames.
Game Warden William Steele of Cape
May Court House said this afternoon
that if the forest fires In Cape May and
Atlantic Counties continue there, will be
little name left next fall. He said deer
near Woodbine. Belle Plain and Tucka
hoe had been seen along the roadways
and had become dangerous to automo
biles; On tho Mays Landing-Pleasant
vllle Road a deer was killed by an auto
mobile, tho Impact of which nearly
wrecked the car.
WIFE GETS REHEARING
IN $200,000 BALM SUIT
Oallfornla Supreme Conrt Grants
Plea of Tlieosophlcal Leaders'
Accuser.
SAN FRANCISCO, May 12. The
State Supreme Court yesterday granted
a hearing of the action for 3290,000
brought against Mme. Katherlne Ting'
ley, Supreme Leader of the Inter
national Brotherhood and Thoosophlcal
Society, by Mrs. Irene M. Mohn, after
the Trial Court had declared against,
and the District Court of Appeals, for
Mrs. Tlngley.
Mrs. Tlngley was charged by Mrs,
Mohn with having alienated the af
fections of her husband. Dr. George F.
Mohn, and the Trial Court awarded her
3100,000 in April, 1021. THe. District
Court reversed the Judgement. Mrs
Mohn appealed to the Supremo Court
THREE BOYS ARE HELD
IN VACATION. BURGLARY
YonnBsters, All 14, Charred With
Attempting; to Itob Grocery Store,
John Murray, No. E66 Eleventh Ave.
nue, and William Duff, No. 582 Eleventh
Avenue, both fourteen, were ordered
sent to tho Catholic Protectory, and
John Vtcellck, also fourteen, No. 566
Eleventh Avenue, was ordered held by
the Children's Society for a further
examination next Friday when they
were arraigned to-day before Judge
Franklin C. lloyt in Children s Court,
charged with burglary.
The three were arcrstcd parly to-day
I na grocery store at No, 677 Ninth
Avenue. They had plied groceries in
the middle of the floor. It was nlleged
which tney Intended' taking from tho
place to sell for money with which to
take a vacation inp to Niagara,
JzOnSBY "DrlY AOHXTS" SEIZED
BOTTLED GOODS.
Prohibition agents under Robert Sid
ney of the Newark District, to-day
raioea inn saioon oi Alexander
Clements, Newark Avenue and Grove
Street, Jersey City, Bottles said to con
tain beer and ale, valued at 1900, were
seixea mere, out mo crowa aid not In
terfere. ine agents alao raided the
saloon oi jonn i: cassiay, opposite, but
found no liquor there nor at Fred
uonung soioon, at iiuuon ana Cen
CLOSING STOCK QUOTATIONS
High.
AJax Rubbtr .... 17
Aluka Gold .... Vi
Alaaka Juneau . 1
Allls-Chalmera .. mi
Allls-Chalmera pt OH
Am Arr Chem .. Mil
Am Deet Sugar.. 30
Am Doch Mag... -H',4
Am Can iiii
Am Car Found IM',4
Am Cotton Oil... 25
Am Drug 8ynd... BU
Am Hide 4 b.... IB
Am Hide A I pt.. 07K
Am Ice 104 K
Am Ice pt SOW
Am International. 4ti
Am Linseed Oil... 32H
Arn Locomotive ..
Allied Chem 00 H
Am Safety Itazor. OH
Am Ship a Com. HM
Am Smelt & tlef. 584
Am Smelt a n pi 07H
Am Steel Fdry... 3M
m Sugar 74S
Am Burnt Tob'ae.. 33H
Am Tel & Tel.... 121K
Am Tobacco .... lWi
Am Tobae pf new 101
Am Tobacco eta D 1J6V
Am Chicle ...J.. 13
Am La France... 12 Ti
Am Radiator .... 88
Austin Nlchola .. 25 H
Am Wool 01
Am Wool pt 100
Am Zinc 18U
Am Zlna pt 43 H
Anaconda B3U
Abio Dry Goods.. 54
Atsoclated Oil ... lSOVi
Atchlaon Ry .... 00 H
Atchison Ryp (... 01
Atl Ooaat Line... 100H
Atl Gulf A W I.. 33
Atl Oult A W I pf 24H
Atlantic Fruit ... 4
Paldwln Loco ... Usli
Halt Ohio 48K
Halt Ohio pf.. 60H
Uareadale A 43U
Ilatopllaa Mining. IK
Darnsdale II 324
Doth Steel 70
lieth Steel 8 p e.. 114
Dcth Steel H 8211
Bklyn H Tran.... 26S
Rklyn R hran ctfa 22H
Dklyn Unton das. 102
Ilrown Shoe 40
nurna Bros A ... 133H
Durns Ilroj B ... 40i
Butte Cop & Zinc AH
Butte, & Superior. 31 U
Butterlck Co .... 20W
Brunswick Term . 4
Caddo Cent Oil .. 2
Calif Tacking ... 70
Calif Petroleum . MS
Canadian Pacific. 140H
Central Leather . 37tt
Cerro De l'aaco.. 37
Central heath pt. .17
Chandler Motora . 73Ti
Chea & Ohio (U
Chic & Alton By, 8
Chic & Alton pf.. 10(4
M 4 St Paul... 23V
M A St P vf.. 42H
Chlr. R I A Pac. 4314
C n I ft T 6 pf pf 81
C H I A I 7 pc pf 05H
Chi Great Weat.. 84
Chi Great XV pf.. 21U
Chi ft North Hy.. 73H
Chile Copper .... 10V4
Chlno Copper .... 28
Cluett A Pcabody M
Coca-Cola B8
Col Fuel ft Iron.. S3',i
Col A Southern.. 4 id
Col Gas ft Electric 87 S
Columbia Grapho. 4H
Comp Tab ft Reo 86U
Conaol Cigar .... 27K
Conaol Gas 116K
Conaol Textile ...
Con Int-Cal Mln.
Cont Can
Cosden Oil
Corn Producta ...
Corn Trod pf ...
Crucible Steel ...
Crucible Steel pf.
Cuba Cane Sug. ..
Cuba Cane Sug pf
Chi ft K III W....
Cuban Am Sugar
Cuban Am S pf..
Davlaon Chem....
De Beera Mln....
Del ft Hudson....
Del L ft W
Detroit Edison...
13
8
6.H4
4314
10114
110
75T4
0414
1314
33 H
3714
2114
94
B8T4,
20i
121 Vi
117
107
Dome Mines 2714
Rlec Stor Bat.... 171
nilrtorn, Coal 1014
Endlcotf-Johnson.. 82
Erie 1314
Erie 1st pf 21U
Erie 2d pf 14V4
Famous Players.. 81
Fam Players pf. . 04
Fisher Body .... 118
Flsk Rubber .... 1SK
Freeport Texas .. 1014
General Asphalt.. BIS
Oaston Wll Wig. S
General Cigar ... 71
General Electric. 165
General Motor ... 124
Gen Motor deb .. 04
Gen Motora 8 p c 8114
Goodrich 4014
Granby Mining .. 28 Vi
Gray ft Davis ... 1714
Gt North pf ..... 74S
Great Nor Ore . 4114
Greene Cananes, . 30 li
Gulf States Bteel. 86V4
Haberahaw Elee . 214
Hydraulic Steel .. 8tt
Hendee 20
Houston Oil .... 7814
Hupp Motor 18V4
Illinois Cent .... 10414
Imllahoma Ref ... 4i4
Indian Ret 8H
Inspiration Cop.. 4014
Int Con Corp .... 8
Int Con Corp pf.. BU
Inter Arr Corp... 11
Int Agr Corp pf.. 40
Inter Harvester .. 07 H
Inter Taper BlVi
Inter 'Mer Marine 2314
Int Mer Mar pf.. 82 li
Inter Nickel 1774
Invincible Oil
Island Oil
Iron Products ...
Jewel Tea
Jewel Tea pt ....
Jonea Tea
Int Comb Eng ..
Kansas City So
Kan City Bo. pf
Kelly Springfield
Kennocott Cop ..
Keystone Tire ...
Kresgc 130
Laclede Gas 82
Lack Bteel ...... 784
Lee Rub ft Tire 3314
Lehigh Wiley ...
Loews Inc
Loft Ino
Lortlard
Lima Loco
Man Elevated....
Man Bhlrt
Martin Tarry
Martin-Rockwell..
Maxwell Mot A..
Maxwell Mot 11 ..
Mclnt I' Mines...
Mexican Het,,...,
Miami Copper ...
mame mates uu
17M
IS
3214
21
T1V4
4214
26 S
27 H
67
BOH
3314
22 H
etV4
10
1314
150
108 K
BOH
40
31
20
72H
22 14
18
,130(4
sat
Mldvale Steel .... 38 H
Minn A Bt L,,,, 11
LOW.
1014
4
IS
4814
0714
3814
3814
43 S
47
158
2314
6VI
15
66H
10214
8014
43S
3314
113
034
014
101,
50
071i
37
78
32
12114
138T4
10014
138
12
12
0514
23
01
106
18
43
62
53 J4
121
00
01
100
35
24
3!i
114
45
60
44
1
3114
76
114
78
23
22
101
45
133
39
6
30
20
4
12
79
5.1
I301i
SO
37
37
72
04
8
15T4
B
41
42
80
03
811
21
7314
19
27
54
60
82
47
87
4
04
37
110
13
7
64
42
99
lift
68
04
15
33 VI
37
20
93
06
20
121
116
107
27
171
10
81
12
21
14
70
04
115
18
18
61
14
71
162
13
04
81
40
20
10
74
30
30
81
2
7
20
77
17
103
. 4
8
30
2
6
10
40
00
40
22
81
16
17
14
30
20
09
42
23
26
B7
49
32
2t
139
70
Tl
33
61
15
13
148
108
50
30
30
20
68
20
17
127
26
14
86
11
Nit
Last. Chge.
17
1S
48
98
38
39
41
47
168
23
BVi
15
67
104
80
44
2
VI
14
2
S
1
32
114 1
V4
14
High.
Mo Kan A Tex.. 11
Mo Pacific 23
Mo Pacific pf ,, 65
Mont Ward 21
Montana Power ,, 72
Mulllns Body ... 30
Nat R R Mex 2d. 6
Nat Biscuit 145
Nat Enam A Stp, 40
at Lead 03
Nevada Conaol .. 16
Now Orl'ns T"M 03
N T Airbrake.... 70
New York Central 89
New York Dock.. 35
NY Nil AH.... 29
N Y Ont ft W.... 20
Norfolk A West.. 105
0014
6
17
58
97
38
Northern Pacific.
Oklahoma TAR
Ontario Silver ..
Orpheum Circuit,.
Otis Elevator ...
74
82 Hi
121
13a 2
Otis Bteel 15
Owens Bottling... 33
Ohio BAB 12
100
136
12
12
07
23
91
104
18
43
53
64
1
H? V4
H
I)
121 4
90
91
100
35
24
3
116
46
60
1
Postum Cereal
Pac Dev Corp.
Paclflo Gaa .
raclflc Oil (w
ran-Amer Pet ..
Pan-Am Uet B. .
Penn R R
Penn Seaboard Bt
People's Gas ....
Per Marquette .
Fhllada Com . . .
Phillips Pet ....
Pierce Arrow . . .
Pierce Arrow pf
Pierce Oil
Pittsburgh Coal .
Pitta ft W Va...
Pond Creek Coal.
Pressed Steel Carl
Pullman Co
Punta Aleg Sug.
Pure Oil
Pub Serv of N J
Prod ft Refiners,
44
1
31
114
77 .3
111 I 2'i
81' 2
25 "4
224
1
101
46
133
40
6
30
26
4
12
70
66
140
37
37
37
73
63
8
15
25
42
43
81
03
6
21
73
19
28
54
57 T4
'
1
1
S
1
114
1
2
S3U 3
47
87
4
68
27
118
13
7
65
43
101
ne
74 5
04 1
15
33
37
20
04
58
20
121
110
107
27
171
19
82
13
21
14
80
94
110
18
18
01
71
162
12
04
81
40
28
17
74
41 1
30
84 2
2
8
20
78
18
103
4
8
40
8
8
11
40
07
60
23
82
1774
17
1
3
1
1
32 1
21
71 2
42
20
27
BT
60
83
21
189 1
70 1
78 12
33
01
16
IS
150 2
108 1
60
30
31
20
08 3
22 2
18 '
130 2
28 :
14
38 i
H .'
75
3
8
0
137
77
10
70
05
63
57
40
12
,86
31
88
43
21
42
11
63
33
20
79
132
40
33
87
87
Rail Steel Bprlngs ICO
Ray Copper 16
Reading 77
Reading 1st pf .. 44
Remington Type . 33
Iteploglc Steel ... 83
Rep Iron A Steel. 08
Itep Iron A S pt. 00
Republic Motor .. 8
Royal Dutch N Y 03
Pierce Oil pf.... 69
Bt Joseph Lead.. 14
Bt L A San Tran 28
St L A Bo West. 29
Bt L A Bo W pf. 40
Santa Cec Bugar. 4
Baxon Motors . . . 3
Seaboard Air Line 0
Seaboard A L pf. 10
Sears-Roebuck . . 74
Seneca Copper ... 13
Sinclair Oil .12
Sloss-Shcff Steel.. 40
Southern Pacific. 00
Southern Ry . . . . 24
Southern Ry pf.. 50
Stand Oil of N J. 188
Bt Oil of N J pf. 115
Stewart-Warner. . 40
Btromberg 53
Studebaker 118
Submarine Boat.. 5
Superior Oil 7
Superior Bteel ... 30
Texas Gulf Bulp.. 42
Tenn Cop A Chem 11
Texaa Company . . 48
Texas ft Pacific 32
Tex A Pac Coal.. 29
Third Avenue .... 23
Tobacco Producta 08
Transron Oil .... 14
Transue ft Wma.. 43
Union Oil 22
Union Pacific 137
Union raclflc pf. 74
United Alloy 39
United Drug 72
Un Drug 1st pf.. 45
United Krult 128
United Food Prod 5
Un Ry Inv Co.... 16
Un Retail Stores.. 68
U B O I Pipe... 38
U 8 C I Pipe pf 60
U B Ind Alcohol 40
U S rtelty ft Im 07
U 8 Rubber .... 04
U 8 Rub 1st pt. 103
U 8 Smelters.,.. 30
U 8 Bteel 98
V 8 Steel pf 11B14
Utah Copper .... 05
Utah Securities .. lTVi
Vanadium Steel.. 48,
Va Caro Ch 33
Va Caro Ch pf... 77
Va Iron G ft O. . 68
Vlvaudou 13
Wabash 10
Wabash pf A.... 30
Weber ft Hell.... 13
W Maryland 10
W Tac Corp 21
West Union 97
Weattnghouse .... 02
Wheel ft L E .... 11
Wheel ALE pt. 21
White Motor 47
White, Oil 10
Wlckwlre Steel
Wlllys-Overl ....
Wlllya-Overl pf..
Wilson A Co ...
Woolworth pt ..
Worth Pump
21
8
38
46
120
51
Total sales, 1,313,600.
Low.
11
22
55
20
70
30
5
148
40
02
10
03
70
' 88
34
28
20
103
74
2
8
20
130
14
33
10
76
9H
00
03
62
65
40
11
86
30
38
42
19
38
10
63
34
20
78
120
89
82
87
86
100
18
77
44
83
31
04
00
8
02
60
14
28
28
40
4
3
0
m
73
12
31
41
HO
23
60
185
115
38
31
114
4
TS
33
42
. li
46
31
28
22
07 4
13
42
21
137
74
36
71
45
128
'4
16
65
33
61)
47
67
63
103
39
09
,118
04
17
46
31
73
64
13
10
30
14
10
20
07
81
11
21
47
10
18
7
38
44
120
51
Net
Last. Chge.
11
22 y,
65
21
72 1
80
8
145
40 1
02
16
03 H
70
89
34 1
0 ,
20
Wall St.
103
74
3
8
20
137
15
33
12
77
10
69
04
83
1
1
14
1
S
67 1
40
12 1
80 H
30
38
48
20
40 1
11
63
35 1
20 1
78 1
121 2
40 1
S3 1
' 'By R. R. Batson.
Steel stocks wero practically the
whole market to-day. Ofllclal ad
nilnslon that tho Lackawanna Steel
Company Is to be consolidated witli
tho Bethlehem resulted In a pyro
tcchnlcal display In all tho Inde
pendent steel shares and In Lack
awanna in particular.
Transactions totalled approximately
1,300,000 shares. Steel shares were
rMTinnn'ilitn fni nnn.lv Al t.a .mam
of this turn-ovor.
T.nr1aurnrinn fnao frit ri tynlii r9 Ha U
than twenty-one points, compared
with tho low of yesterday. Bethle
hem Steel "B" stock advanced more
than three points above yesterday's
close; Crucible more than five
points, and other steels showed pro
portionate gains.
The cose with which steel stocks rose
Into new high ground for the year
encouraged bull demonstrations in
various other groups. Oils wereHjfev.
marked up 'rather briskly; motors
became in good demand and In the
miscellaneous Industrial list gains of
two points or more wore quite common.
V4
1
14
87
37
100
16
77
44
33 1
83
68 1
90 1
8
63
60 1
14
28
28
40
4
3
0
10
73 1
13
31
40
90
24
J6
188
116
40
53
118
S
5
.
1
1
114
1
4 -
7'4
36 2
The unexpected announcement ot the
merger between the Bethlehem arid
Lackawanna Companies resulted In
the well known Wall Street rumor
factory working at full blast.
According to gossip not only is very
steel company whose shares are
listed on tho Exchange to be In
cluded In a merger, but plans are
under way to consolidate various
motor companies, sugar1 companies,
oil concerns and not even the rail
roads were neglected by tho rumor
mongers.
The one definite announcement made.
nnMn Irrwr tl.nt tni.nl i.l , V. . T.f- I
lehem and Lackawanna was thatS
the proposed merger between the I
Plerco Arrow and Lafayette Motor j
Companies has been definitely
abandoned. This resulted In a drop
of nearly 5 points in Pierce Arrow
preferred.
Decision of Congress to adopt tho pro
posal of Senator La Follette and In
vestigate the proposed merger of six i
of the independent steel companies j
was not regarded seriously, and at 1
no tlmo did It seem to have marketW
effect. The merger between Bethle-
hem and Lackawanna will not, It is
believed, bo Included In tho proposed
Investigation.
42
lit!
48
31 T
14
23'
08 H4
14 1
43 2
22
137 1
74 14
39
72
43
128
6
1514
68
35
69
49
'67
3
3
3
s
4- S
2
1
Hi
63 4
103 1
39
98 1
118
04
17
'48
32 1
74 2
68 4
13
10
30T4
14
10
21
07
02
11
21
47
10
20 2
8
S8 li
45 1
120
6i n
LIBERTY BOND8 AT 2.30 P. M.
3s 09.36 00.24 09.32
2d 4s 99.50 99.50 99.50
1st 4 11 99.88 .09.70 09.84
2d 4s 09.64 99.50 99.60
3d 4s 99.88 99.78 09.84
4th 4s 09.94 99.80 00.02
Victory 3s 100.02 100.02 100.02
4 100.60 100.54 100.58
FOREIGN DEMAND AT 2. 46 P. M
Sterling, demand, 4.44 1-8;- cables,
4.44 1-2, off 1-4. French francs, do
mand, .0909; cables, .0909 1-2, off
.0004. Lire, demand, 0624 1-2; cables,
'.0525, off .0005 1-2. Belgian francs,
demand, .0829 1-2; cables, .0830, off
.0004 1-2. Marks, .0034 7-8, up
,0000 8-8. Greek drachma, demand,
,0428; cables, 0430, up .0005.
Swiss francs, demand, .1928; cables,
.1980, unchanged. Guilders, demand
.3862; cables, .3867, up .0011. Pesetas,
demand, .1564; cables, ,1556, un
changed. Sweden kronen, demand
.2666; cables, .2670, up .0010. Nor
way kronen, demand, .1863; cableh
.1868, unchanged. Denmark kronen
demand, .2130; cables, .2J35, up .0005,
COP SAYS THEY LOADED
TWO BARRELS ALCOHOL
Deny
Two Arrested In Brooklyn
Charge.
Michael Nevlns, thirty, head of the
Nevlns Cooperage Company, No. 1160
Grand Street, Brooklyn, and Charles
Cunning, twenty-nine. No. 166 Engert
Street, Brooklyn, were arrested yester
day.
The arrests were made by detective
Paul Zucker of Police Headquarters
Manhattan, who sajd he saw (he two
men load two .barrels of alcohol on
truck before the Grand Street address,
Both men deny the charge.
The statement of Attorney General
Daugherty that he advocated tho
dissolution decreo affecting New
Haven bo modified to the extent
that the company bo permitted to
vote its stock In the Boston and
Maine at tho meeting to bo held
next Tuesday, whllo considered fav-
l orable to the former company, has I
been discounted marketwlse.
Another proposed Congressional In
vestigation which failed to perturb
tho financial district was that con
cerning tho recent advances in gax
ollne prices.
Whllo gnsollno prices have been In
creased about 4 cents a gallon, fur
thcr advances will soon be ordered.l
according to yell Informed Wall
Street opinion, and market commit
ments in the 'Standard OH shares
nnd'ln shares of companies with
large gasollno production are being
based on these expectations.
During the last hour the market was
1 1 .1 ..vnM .n ... t Vi f n n .1 n Vinm-it
amount of profit taking, but this
was well absorbed, and in final
dealings prices rose to new highs
for tho day.
Steel Industrials wero churned up in
a manner that bespoke conslderaul
courage on the part of pools.
Lackawanna roso to a new top ai
78 3-4, Crucible showed a net gal
of 7 points, and act.vo bull specu
lation extended to coal stocks
caulpments and practically all othe
groups, with the exception of rails
and coppers.
The speculation was aided In part by
easier money conditions. The re
newal rate for call funds was re
duced to 3 3-4 per cent, and later
In the day was reduced to 3 1-2 per
cent.
Tho foreign exchange markets, cot
ton and wheat failed to develop ma
terial change.
WOOD ALCOHOL VICTIM
HAD TAKEN PLEDGES
Patrick J. Munley, forty, of No. 2271
Bast 88th Street, was found unconscious
at 88th Street and Third Avenue, early
to-day and taken to the City Hospital,
vhi-re It was said he apparently was
suffering from wood alcohol polsonlngJ
He Is exDected to recover.
The police said In his pocket wastt
"nledira card" DromUIne not to drink.
. V S
FIXll SLAYIBR MtDTFALLY DIM
KICIE.NT.
James Joyce, twenty-seven, con'
vlcted of murder In tho llrst degre
for the slaying of 'Adam Zlttel, a Lon
Island City store keeper on July 1, 1920,
and reprieved wnlie in tne aeatn nous
at Sine Sing, was neia to do mental!
Incompetent to-aay in a report bud
mltted to Judge Burt J, Humphrey 1
Ouaena County Court, Long Island City,
Jhy PI". wuura uoairey, oi uung isinn
nitvt jnsenn uanzBr, oi wenmont
11111. ttnd Maton O. Smedley. of Elm
burst, assistant to tho Commissioner o:
Corrections. If the report is approved
Joyce will be taken to a State hospital
('POTATO" CAItfiO SinZBD AMU
winsiusY.
billed as containing potatoes, left Newt
Orleans six weeks ago for Chicago anafc
after wandering around the country!
was caugnt in a Kederal Frohlblttonl
net when It was found to-day that
there were 160 barrels of whiskey ln-
side. Each contained a thin layer ofl
potatoes at' tne top. Federal agents
chased the car to Logans port, Ind.,1
where all trace apparently was lost. It
reached Chicago last night. 1
i