The Sun and the New York herald. [volume], May 31, 1920, Page 11, Image 11

About The Sun and the New York herald. [volume] (New York [N.Y.]) 1920-1920

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

                
Ill
WILL BUY
Chicago By-Products Coko
Co. 1st Mtgc. 7s
StrttU920im
Niagara Fire Ins. Rights
North River Int. Rights
Chase National Bank
Equitable Trust Co.
HOLMES, JBULKLEY
& WARDROP
MEMBERS
Ntu York Stock Exchuyt
PMthaih Stock Exchtmn j
Union Bank Bldj.
Pilttburih
61 Broadway
New York
Geo. A. Huhn & Sons
MEMBERS
Ntvr York Stotk Exdianga
Philtdelphut Stock Etchings
Chicafa Stock Exchange
New York Cotton Exchangt
111 Broadway New York
Phono Rector 6340
1418 Walnut St.? Phila., Pa.'
Labor and Money
are earning high
wages because of
insistent demands
for their services.
Your money invested
in Preferred Stocks of
essential industries is
working for you at
fullest earning capacity.
.W,e have a carefully se-.
lected List of such se
curities, yielding
7 to 8
Ask for Booklet S II C.
Hollister,
White & Go.
OT Cedar St.. Cot. Trinity PI.
Telephone Rector 3901
NXW TOOK
Cotton Philadelphia
I THE EFFECT OF
' STOCK DIVIDENDS
1 STANDARD OIL
PRICES
WK IIAVE 1'REPAltED A ClRCP
LAR NO. 1-N, GIVING A RECORD
OK THE MARKET ACTION, OVER
A PERIOD OK YEARS, OP STOCKS
OP STANDARD OIL COMPANIES
WHICH IIAVE DECLARED STOOIC
DISTRIBUTIONS.
.CARLH.PFORZHEIMER & CO
Dealer! in Standard Oil Securities
S3 DROAD ST.
Phones 4800-2-3-1 Broad
Liberty Bonds
Bought Sold Quoted
John Muir & (J.
Itcaltn KeaYork Shdt Excitn
61 Broadway
New York
Investment
Suggestions
Glidden, Davidge & Co.
i! 'mbers New York Stock Exchance
20 Brotd St., New York
TOBEY & KIRK
Jleiobers N. V. STOCK EXCHANGE
Unlisted Securities
STANDARD
O
I
ISSUES
;FINANCIAL NEWS
AND THE SITUATION
Conditions Aro StrGiigthonod
Ourtnllcd Credit nnd Cau
tious borrowing.
EUROPEAN EXCHANGE Ul1
After
He'd tuition of Loans
Broader Public Titiying lt
Uevos Situation.
Ily WILLIAM JUHTttH 1101158.
The financial situation hna been
strengthened, by tho national movement
to curtail crcdlta Intended to support
non-esacntlal undertaltlnRs nnd tho re
sult 1ms been a sensible lessening of tho
credit strain and an orderly readjust
ment of mcrchandlno prices with ma
terially broader commmptlvo demand, a
development of hlirh. Importance, mean
in? tho country Is utilizing its IniyltiK
power more efficiently, Butting; better
returns from ' tho expenditure of tho
merchandise dollar. Up to this mUrd,
however, price reductions havo been oh.
talned at the expense of prollts, tho
retailer assuming tho entire burden,
Lower prices havo not come about o a
result of Increased production at all.
Tho country Is still produclns much less
than Its capacity limit, owing to tho
shortage of labar, hlffh cost and In nbmo
'caies scarcity of raw material, freight
congestion and the difficulty of neciir
Inff tho necessary banking accommoda
tions. Production cost must be low
ered eventually, for tho manufacturer
have advocated price reductions, which
some of their number havo Indicated
would reach 10 or 2G per cent, after
September 1. When thoso changes shall
have been effected the burden will bo
distributed moro evenly and the read
justment will take more permanent
shape, '
Merchandise Shortage.
No merchandise surplus Is on hand to
work off except to the extent that r late
spring has made moving large stocks of
seasonal clothing and apparel that Is
generally disposed of by tho middle of
May difficult. Tho country Is still
heavily short of commodities, nnd not
withstanding the difficulty of arranging
largo credits for European account the
foreign demand for many American
products continues exceptionally heavy.
The liquidation that has taken place,
howover, has materially reduced untold
stocks In large cities and made It pos
sible for retailers to convert a great
quantity of high priced merchandise Into
cash, which has relieved the credit strain
appreciably and has been of large sen
timental Influence In making the public
realize that luxury buying must be re
duced that a good portion of the $20,
000,000,000 whlfli Secretary Houston
says Is being spent this year for un
necessary merchandise may bo saved or
devoted to productive uses. The price
cutting that has taken placo baa not
caused commercial mishaps. On tho
contrary It has reduced tho volumo of
commercial borrowings and enabled
merchants to pay oft loans that they
carried many months. In that manner
the commercial loan account has been
purified In much the same way that the
Wall Street loan account was rendered
six months ago more safe through forced
reduction of weakly held speculative
accounts. Both processes have been
salutary, resulting In a general strength
ening of the country's credit structure.
Essential Borrowings.
The country has stood that test well
and Is stronger for It. The Reserve
Board wisely has not attempted to for
mulato any hard and fast rule, acting
on tho supposition that every banker
"knows what Industries sustain his
community and Is thus entitled to pass
upon tho essential and non-essential
character of tho loans offered him.
This Is a common sense way to treat
a highly complex credit situation which
calls Xor cautious handling nnd compe
tent leadership. The movement has
been given wide publicity, and although
20 per cent, reductions have not been
the rule everywhere the tendency has
been to lower merchandise prices
throughout the country. It may be
doubted whether the mercantile Inter
ests ever received such a Ynovemcnt
with better grace or whether a similar
price cutting In so short a time has ever
produced more satisfactory result.
Credit Is due the Reserve Board for ad
vocating the sort of curtailment which
will lead Inevitably to price reductions.
The board took the lead many months
ago In asking banks to discriminate In
their lending operations between loans
for productive purposes nnd those to
borrowers identified with speculative
undertakings.
I.trxurr Unylns.
In that way tho country was In a
measure prepared for tho somewhat
sensational announcement of a fort
night ago, when the Federal Advisory
Council put the case up to the Reserve
Board In no uncertain way, and which
was the occasion for quick lowering of
retail prices which met with such em
phatic responds from the public as to
make It possible for the large stores
of the principal cities to dispose of an
Immense quantity of merchandise with
in two or three weeks. The burden has
been lightened considerably and with
the rigid curtailment of loans to specu
lative borrowers has led to the building
up of bank reserves in sectlona where
the margin above the legal limit had
been pretty well exhausted. Other mer
chants with abundant resources have
Joined In the movement to make It Im
pressive enough for manufacturers to
reduce their prices of fall merchandise.
The Indications are, therefore, that such
concession!) will be made, aa the moral
effect of price cutting has been felt In
many different lines. With the mer
chants carrying less Indebtedness than
they carried recently and the brokerage
houses asking for less than halt the
accommodation that they applied for
at the height of tho furious stock mar
ket trading of last year, the burden
ol the banks of large reserve cities
naturally has been reduced.
nellevlnir Credit Strnln.
That partial easing up of the credit
strain and tho unexpected arrival this
week of $22,000,000 gold from abroad
hate greatly strengthened the bank
position Just at the moment when the
lending Institutions were confronted
with the necessity of financing $250.
O00 000 for disbursement In July divi
dends and Interest payments. That
semi-annual dividend rettlement ranks
iMnn,iiniA eecnnn oniv iu iuu
January dividend fund, and means that
lli i J . - -
this !
,.. .ni 1.4VA rn finance hucre to
jTiuruvb .
payments during the -coming five
fal
weeks. Jno iniji' "....-- -
keenly alive to the necessity of providing
adequately for thoso reoulrements. rut
they como at a time when tho whole world
Is short of (Capital and Is asking for
credit accommodations in unprecedented
amounts. The bankers foresaw the ne
cessity of fortifying the New York b.mk
surplus In anticipation of those demand
and took pains to reduce the volume of
speculative commitments as' the first
step In building up an adequate bank
surplus. The new gold will strengthen
.iirntiia ft tho reserve
jnueri.ti. - ---- ,
banks nnd. as more Important engage
ments are looked for. good grounds for
believing thai tho bank surplus will be
THE SUN
- ,
(well fortified wltliln tlio next fow tveefca
exist, wrilcii doer, not mean, nowovur,
that there will Vm amjilo funds to sustain
a spirited upecttlntlon, ticcaUno Inn tlmv
Is nour at lianrt when tlio Manila of New
York. Chicago. Hoatim, rhllnrtolphla, Pi..
Louis and other rltlen will call for cur
rency remittances or tcmoornry ad
vance In connection with efforts to
flnnnco tlio enormously expensive harvesting-
operations In tho West, Boulh
west and Houth,
ISuropenn Hefovery.
Ti triiiini- rim lii exchange on Cen
tral Kuropo and tho strength shown by I
London exchange reflect tlio Browing i
belief by the financial community that;
tlio economio uosltlon of the distressed
'countries Is Improving nnd that slowly
! but, surely those i.atlonn nre getting In
j Hiapo for normni intorcoursn wim m
United Htaton. Kvcn Herman exchange
ban advanced rharply and cxclmnco on
j Vienna, which rhowed n depreciation of'
1 moro thnn 00 per cent, from the normal
1 parity Is rising with tho rest of tho
1 market. Thus belief In tho financial rv-1
rovery of tho countries hardest hit byj
tho war In rcflectod nnd Industrial res
toration of Kuropo has rvl In and ulti
mata financial recovery is In order. If
taht Improvement continues It will bo n
largo Influence for Improvement here, its
demoralization of foroign exchanges nas
been n eorlous barrier to our commercial
Intereourso with nations that lmvo been
eager to give us profitable business.
Wlwn our bankers meet the financial ex
perts of other nations nt the Brussels
ronferenco-they will bo In ft position to
take steps for united ncllon to build up
foreign credits here. Inasmuch as some
of tho hlshcst financial experts for
months past have been most concerned
over demoralization of exchange on Cen
tral Kuropo and other markets, It Is
apparent that signs of financial recovery
nbroad aro highly grntlfylng to thoso
who Havo contended that such Improve
ment must precede, any sustained revival
of world commerce
More Forclun Lonits.
That betterment of European condi
tions comes nt tho moment when bank
ing houses nre being Importuned by
various foreign governments to offer new
loans In this market nt rates which aro
high enough to compete with fresh flota
tions of similar securities. The Indica
tions nre that some of thoio loans will
bo well taken, as tho demand Is urgent
nnd the twrrowcrs probably will pledge
themselves to uso tho proceeds of tnich
advances for tho purchase of foodstuffs,
raw material and merchandise purchased
here.
The Otitlrtolc.
nvents of Inst week have been
for
the most part highly reassuring and of
a naturo which indicates that tho coun
try Is going .abend. Oencral trado Is
holding up well and tho country Is deter
mined to work out of iiio credit sitialn
without serious difficulties. Railroads
havo received holp from tho Oovernment
to purchase necessary supplies nnd tho
strongest roads Intend to launch an
ambitious campaign for Improvement
work as soon as the Investment markets
recover and the bank surplus Is strong
encugli to stand the strain. Tho better
demand for Liberty bonds hag been a
significant factor In a week which has
had unusual shlftlngs of credit and cau
tious Investment buying by Individuals
Impressed with extraordinary oppor
tunities for wise employment of trust
funds.
Snll to Make War MnpH.
Washington", May 30. Relief maps
modelled in clay, showing even- detail
of the ground fought over by the Sec
ond Division, will be made by a detail
of 1'nlted Stales marines, who will sail
June 5 for France from New York.
te Equitable
trust company
OF NEW 'YORK
17. WALL 8TREBT
Banxini, Trusts 3 Inwyfrvnu
Sad Dtpont Vlo
THE T It EST I. K ItKAl.TV CORPORATION.
New YorK, N. V., May 31, IfcJO
NOTICF. IS HERKI1Y GIVr.N that tho An
nual MeetlnB of th Stockholders of The
TreMle Realty Coipomtlon, for the election
of Direr-tors and two lnpfoton of the nut
election, wul for the transaction of such
oifcer bustnpnn ns may bn Droucht before the
meeting, will he held at the office of the
Company, la Grand Central Terminal, In t.V
rity at New York, on Monday, the Mill day
nt June, 1020. The Poll to open at twelve
n'elocH Noon nnd to continue open for one
hour.
At this meetlns an amendment to Seetlon
Six nf the by-laws relative to the execution
of stock, certificate, will be conildered.
JAY V. HARK, AItant Secretary.
NHW YORK STATU RKAI.TV
AND TERMINAL COMPANY.
New York. N Y.. May 31, IKO.
NOTICK IS HKKE11Y GIVEN that the An
nual MeiTtlnff of the. Stockholders of the New
York Stata r.eally and Terminal Company,
for the election of Ulrectora and thrco In
spectors of the next election, and for the
tranractlon of uch other hmlne.H a ma
be brotiRht before tho meetlnc, will be. held
at the office of tlw Company, In Grand Cen
tral Terminal, In the Cli of New York, on
Monday, (he 11th day of June, 1020, nt 12
o'clock Noon.
E. V. STEPHENSON. Secretary.
EMERSON rilONOGRAPH COMPANY, INC.
Notlre l hereby given that the annual
meeting, of the utoeklwldera of EMERSON
PHONOGRAPH COMPANY. INC., will be
held at the offlre of the Company, No, 2iKI
Fifth Avenue, Iloroush of Manhattan. City
of New York, on the 7th day of Juno, 1920, nt
12 o'clock noon, for the election of directors
and for tho transaction nf jtuch other busi
ness as may properly come before the mect
InC Dated New York, May 20. IRM
P.. D. COI.EN, Secretary.
T11D FARMERS' LOAN AND TRUST
COMPANY.
IB. 18, 20 and 22 William Street,
New York City.
Tho Annual Meeting of the Stockholders of
THE FARMERS' LUA.N AND TRUST COM
PANY for the election of Directors will be
held at the offlco of the Company on TUES
DAY, Juno 8th; ll20. Polls will be open
Irom twelve o ciock noon to ono o ciock r.
AUGU81 US V. HEELY, Secretary.
DIVIDKNDS AND JNTHltEST.
THE DKLAWARK & HUDSON COMPANY.
New York, May 28, 1920.
A quarterly dividend of TWO AND ONK
QUARTKR (2V1S) PER CENT, on the capi
tal stock of this Company In favor of
stockholders of record at tho closo of busi
ness to-day has been declared, payable at
tho office of this Company, 22 Nassau Slrect,
In thH City, on June 21, 1S20, provided
that beforo mCM date them shall have
been received from the United Slates Govern
ment a sum sufficient In the opinion of the
President, with other available funds, to
pay the same, and payable at a later dato
when, as and It such sum shall be so re
ceived. "l)y order of the Hoard of Manacera.
W. H. DAVIES. Treasurer.
CANADIAN CAR & FOUNDRY
COMPANY, ilMITED, MONTREAL
Notice Is hereby given that a dividend of
ono and three-quarters Pr cent. UKR) on
the Pald-I.'p Preference Stock nf the Com
pany, for quarter ending June 30th, t920, has
been declared payable on the 10th day of
July, ll20. to Shareholders of record at the
clo-o of business on the 20th day of June.
192d.
BY ORDER OF THR HOARD.
A. C. BOURNE,
Secretary.
Montreal. May 21th. 1920.
AMKRICAN HIDE Si LKATllUR CO.
Now York. May 4. 1920.
A Dividend of has this day been de
clared upon the Preferred Capital Stock of
the "Company, payable out of the accumu
lated net profits arising from the business of
tho Corporation, payable on July 1, 1920. to
the Stockholders of record at the closo of
buslneas June 12. 1920.
GEO. A. HILL. Tiaaurer.
PROPOSALS.
V. 8. ENGINEER offick. Florence, Ala
bama. SEALED PH0P08ALS will be re
ceived here until Jtmu I, 1920, and then
opened, for furnishing and delivering four ft)
livdrailc tutblncr, racli of thirty thousand
(,"ltul) boiwpow-, with governors. lirlhor
Information on application.
AND NEW YORK HERALD, MONDAY, MAY
BROWN BROTHERS & CO.
Kitabllihed 11(11
NEW YORK
Philadelphia
Commercial Letters of Credit .
Travelers Letters of Credit
Foreign Exchange V
BROWN, SHIPLEY & COMPANY
Establlibed 1110
Feundr Court, Lothburr
LONDON, E. C.
I Standard: Bank
WE ARE atnll times very glad to discuss
South African and Australian trade
conditions with exporters and importers.
Established 58 Years
370 Branches and Agencies
Resources $350,778,055
WH, MACXNTYRE, Agent
68 miX STREET NEW YORK
JWHI 1 1) II 1 1 II H
Stone & Webster
147 Millc'Street 120 Broadway 38 So. Dearborn St.
BOSTON NEW YORK CHICAGO
EXAMINATIONS AND STUDIES
of Industrial and Public Service Properties
REPORTS
on Valuation and Operating Efficiency
Manufacturing a gasoline substi
tute that is proving n commercial
and mechanical succeis
INDUSTftiAL
ts an example of how a big In
dustry thru foresight can entirely
change Its business and make a
success of It discussed this week.
RETURN OF THE 100c DOLLAR
When John Wanamakcr started
price-cutting tho whole country
first marvelled nnd then followed
suit Gome stock market read
justments that will prove bene
ficial nre treated.
Jrt addition, there are tetnal other
rrcv!ar features and illseusitont on
Amer. Sumatra Gen. Asphalt
Columbia Graph. Merrltt Oil
Utah Copper Submarine "oat
in the Current Isue
MAHKET OPINION
Gratis on request fot C-)7.
R.H.MACMASTERS&CO.
Memlers Consolidated Slock Eieh., N. Y
S2-84 Broad St. New York
PKone: Btotd 0SO First Floor
Chicago Office: 327 South LS.lle St.
W. F. Ladd & Co
Investment
Securities
New York
Special Letter this weekjm
Island Oil & Transport
Recent Special Letters on
United Retail Cind; Hevden Chemictl
Ryan Petroleum Fedtral Oil
Copies upon request
, ESTABlISIICO 1003
Members N Y- Curb Market Assn.
25 BROAD ST., ' NEW YORK
Telephone Tiroad 7171.
American Trading
Butterworth Judson
Caracas Sugar
FREDERIC H. HATCH & CO,
F.tnU!lhrd IWS.
Phone Rector CH0. 71 It'way, New York.
WIRE CONNECTIONS
Eoston, Chicago, Plilla., Montreal, Pittsburgh
LIBERTY BGNDS
All denominations bc"j;ht for cash.
Rased on the do Ing e pay:
Hfi.13 'or n $30 3H54 l!6nd, M Coupon
$41.85 fur n $SO 2d Hond, No Coupon
fH.tl tor a $SO 3d Pond, No Coupons
513.49 for n S V 1 1 li iS Hond, 1 Coupon
$H.8S for a J30 31h Hf4 Hond, 7 Coupons
rPURDY & CO.
Tel. John 3171-3-6-7
31 line fat.. N. Y.
Boston
Orrlce fer TrartUn
111 rail Mali. LONDON, B. W.
of
Carib Syndicate
Recent drilling opera
tions are proving highly
important. A discussion
of prctr.t activities ap
pears in current issue
of the
Financial Forecast
Other Issues treated:
Sweets Co. of Am.
V. S. Steamship
'Merrltt Oil
Island Oil
Sent upon request.
A.sk lor No. HI.
MSWOLFECO.
ESTABLISHED 190G
41 BROAD ST. NEW "YORK
Phone Oi'oiA. 25
The National Bank
of Sontb Africa, Ltd.
Resources Exceed $287,000,000
10 Wall Street New York
K. K. SAUNDERS. Agent.
"VIA COLON"
JOHN L. MlKRIll. SwniMMT
DIREOT ROUTE TO
CENTRAL and SOUTH AMERICA
New York Olllc
10 Broad Btrwi rhea Broad 747;
NATIONAL BANK OF EGYPT
Established under Egyptian Law, June
1891, with the exclusive right to Issue
Notes payable at slfht, to bearer.
CAPITAL ...f 1,000,000
tin 300,000 Shares of 110 each, fully paid).
RESERVE. FUND 12.000.000
Governor F. T. ROWLATT, Esq.
HEAD OFFICE CAIRO.
Sub-Governors J. HOME. II. IIORNSDY.
BRANCH ALEXANDRIA.
LONDON AGENCY!
nnd 7 KING WILLIAM ST.. LONDON,
K. C. 4.
The Bank transacts nil kinds of banklnt
business.
Rod-el-Farat: (Cairo). Sclur, Tantah and
Zasaiig ar.d In the Soudan at Khartoum,
Fort Soudan.
Offices In Egypt at Cairo fllead Ofllco),
Alexandria. Asslnut, Assuan. IJenha, IJenl
fluef, Chlbln-cl-Kcm, Damanhur, Fayoum,
Keneh, Luxor, Manaourah, Mlnlch, Mousky,
(Cairo), Port Bald, Suaklm. and the Sub
Agencies ' El-Obeld. Tokar and Wad
Medanl. DISSOLUTION NOTICH.
FREDERICK VAN WYCK ft CO.
Notice of Dissolution of Partnership,
The undersigned, formerly conducting busl
nss under the firm name of Frederick Van
Wyck & Co., announce that, by mutual con
sent, they have dlssolred their co-partnership
ns of May 1, 1U20, nnd thereafter Its busi
ness will li ownnl solely and carried on by
Frederick Von Wyck.
FREDERICK VAN WYCK.
DOl'OI.AK F. WOOLLKY.
New York. May 14, 1U20.
31, 1930.
BEtt ESTATE AT AUCTI0H. I
BURKE RELIEF FOUNDATION
At Its Home at White Plains
Helped 5,000 Worthy People last year
to regain their health and strength
before returning to work
after b,eing discharged from hospitals following serious illness.
THE BURKE RELIEF FOUNDATION
was founded for the benefit of the Public.
TO RELIEVE THE HOUSING SITUATION
it announces the disposal at auction
OF 1400 LOTS SUITED FOR HOMES
WITHIN THE 5t FARE ZONE
on Boston Ave., Burke Ave., Gunhill Road and Adjoining Sts.
At the Hotel Astor,
JUNE 22nd, 23d and 24th.
v . .
J. CLARENCE DAVIES, 149th St. & 3rd Ave.
JOSEPH P. DAY,67 Liberty Street,
Agents and Auctioneers.
2000 ToZtSES LOTS
JAMAICA, Borough of Queens, NEW YORK CITY.
AT YOUR OWN PRICE
Saturday, Mm 12th
On the Premises, at 1 P. M-, Kain or Shine, in Large Tent.
50 5
G0 Sy
70 6
may remain on morteace
Title r.unrnntec. & TruU Co.
Policies rrre
67
Descriptive Illustrated Bookmap Sent on Request
INSPECT THIS PROPERTY T O-D.AY
Butea at Jamaica (Main Station) meet the following
express trains leaving
PENNSYLVANIA STATION (33d Street and 7th Ave.) Weekdays:
9 00 9.50, 11.00 A. M., 12 noon. (Sat. only 12.20, 12.46 P. M.) ;
10 30 L 12. 1.56, 3.00, 4.06, 4.58 P. M. Sundays: 9.00, 9.59,
llllG A. M.; 12.34, 1.65, 2.59, 4.05, 4.50 P. M.
n ATRIISH AVENUE (Brooklyn, Weekdays: 8.58, 9.57, 10.56
AM (Sat. only 12.19, 12.44 P. M.) ; 12.30, 1.12r 1.49, 2.59,
4 05, 4.58 P. M. Sundays: 8.57, 10.02, 11.19 A. M.; 12.34, 1.59,
filool 4.05, 4.54 P. M.
CITY REAL ESTATE.
TI9T TOTO COUSTBV K8TATKS WITIt
BRYAN U KENNELLY, "c.
COUNTRY KSTAf E IlErT..
. nSriAinVAV. NEW YORK CITY.
VmVAUU J.HOdA.N, Real Estate
Woolworih RulMlng. Appralsments.
INC., Keoi Estate Ins.
WILLES RAY 070 Lei. At., at 71st St.
Trom natterj to 14th St.. Inclnslte.
DWELMNO. 31 l'erry st.. three story Ji'Bh
m.wp, 21x0.".; asking 10,G0O; want offer;
must b sold
II. V. MKAU & CO.. 3117 8th nr.
NEW 2 STORY CORNER IIUILWM.1,
n-ndy for occupancy Junn lSth;
I." (KX n. feet; heavy construction;
sult'sblo carase, warehouse or factory.
FOLSOM BROS.. Inc.. 127 East 34th fit.
STONI5 ST., near Broadway. Two four ptoo'
business buildings, Hire 44xSS; bargain.
BRYAN I.. KEKNIJI.I.Y,
149 Uroadwoy. Cortlandt 1.,I7.
Above 14th St. to 6OII1 St
Kast lllver to North
(Inclusive).
River.
-PRIVATE HOUSE-
Near Fifth nv.. American basement!
tS ft.; latest equipment; 0er $.10,000 Juit
spent In one room; tremendous bnr
(aln at $100,000. .
S n.orwtlPell&Co.
PRIVATE HOUKK l)fcivun.nr..xi.
Aboe 50th St.-Sth Av. to East llher.
LOWER SEVENTIES
Between 5th & Madison Avei.
FOR SALE
Desirable 4 story and base
ment dwelling, 35x102.3; good
condition; fine rear. Immedi
ate possession.
Worthington Whithue, Inc.
I Kavt 40th St. Murray Hill 1000.
EAST 60'S
17 Ft. American Basement House overlook
ing attractive garden.
Duplex apartment. 2 bachelor apartmenti,
combining home and Investment.
FRANK I.. FIBHER CO.. CO K. 42nd St. .
UNUSUAL FOR ALTERATION
22 Ft. 20 Room House,
Near Bth, East 70's.
FRANK L. FISHER CO., BO B. 42nd 8t.
Above 55th St. 5th Av. to North River.
ATTENTION!
r.nrAT OPPORTUNITY.
Choice location, upper West Side. Desir
able, high class, modern apartment house;
lease: about DO apartments, 1, 2 and 3 rooms.
Rents $08,000. Very Interesting; substantial
reduction for tennnt who can make larae
profit on leaiC;
H. T. WOOD, 220 Broadway.
J34 r BUI m.-r ui ''
cellar bron-nMon dwelling. In perfect or
I i1o- 1 set lot! fan be had October 1: best
location In New York for apartments or for
a doctor, terms liberal.
BRYAN I KENNEU.Y,
149 Broadway Cortlandt 1.14..
118T1I ST., near 7th av. Four etory, base
ment and cellar brick and stone dwelling;
tmsiesilon October 1; prlco $14,000; terms
liberal: a bargain. ,
( BRYAN J KKXNKI.I.Y.
I 140 Broadway Cortlandt 1347.
I FIVE STORY walk-up on Central Park West.
I Price $33,000. Eight rooms nml bath each,
no leases.
SI-UYhOX t 110 BUS, 1G2 WEST 720 ST.
HEAL ESTATE AT AMOTION.
(
Auctioneer
Liberty Street
Corttandt 711
CITY EEAL ESTATE.
Above BOth St. 3th Ar. to North nlver.
BEST 0 story elevator, 50x100, 8 fine large
rooms each; nenr Riverside; fine location,
Price fl.ll.noa: rents fl7.O0O; $.10,000 cash.
SI.AWSON 1IOBBS. m WKST 7tl hT.
CHEAPEST Plnglo flat on West Side; five
story, 20j100, 7 rooms and bath each,
electric light, new fixtures. Rents $3,80(1;
price only $2.1,000, $8,000 cash. Fine condi
tion; near ' Sub" and ,'L."
NLAWMOX & IIOBBS, 163 WEST D ST.
Washington Heights, Above 125th St..
West of 8th Av.
The Chesknoll
5.18-300 West 100th SI.
Handsome Apartments Offered
For Sale on the
Co-operative Basis
S and 6 rooms
POSSESSION OCT. 1, 1020.
COST $2,000 OR $3,000
, EVERETT M. SEIXAS CO.,
507 5TII AVE. Tel. Murray Hill 4320.
PRIVATE DWELLINGS
WASHINGTON HEIGHTS
W. D. Morgan, 3573 Bway (147th)
BEST In Dyckmnn section; extra large
rooms; 5 story, ROxl.lO. Mortgages $35,000;
old rents nearly $12,000; price $75,000; rente
$1.1.000 In October.
SI.AW.SON A HOBBH, IB? WEST TtP ST.
BEST buy on tho Heights. Five story walk
up; 2-4-2-B. Rents $10,720; price $38,000;
mortgages $41,230. Fine condition; electric
light.
SLAWSON ft HOnnS, 163 WEST 72D ST.
Borough of Bronx Sale or Rent.
HOMESEEKERS If you want property In
Bronx. Ml. Vernon, Yorkers, wo havo It.
E. OSBORNE SMITH
Jerome & Burnslde Aves. (Fordham 1813.)
Borough of Brooklyn Sale or Rent.
Buy that Home Now
in Maple ton Park!
Most beautiful spot
in Greater New York!
IMMEDIATE POSSESSION
Brick, 7 rooms, tiled bath, gas, elec
tricity, parquet floors, largo porches;
shade trees, lawns, asphalted streets.
$0,000 up; easy terms. Garages.
Williamson 8c Kaeppel, Managers
0317 lSth Avenue, acrosa street from 18th
Ave Station. Sea Beach Subway. Office
open every day.
" ONLY 1,000 CASH
buys now model one family brick house; six
rooms, tiled bath; every Improvement, h
cludlng garage- Call nt premise. 2113 East
30th st. (near Church av.) ; your lifetime op
portunity; prtcaiMw,
c AfPIEIPP Stono dwelling, SOU Mc
OAlniriVC rionoiijh St.; 10 rooms;
Immediate possession. Good for one or two
family. Easy terms. OWNER, on prem
lies. 3 to 3.
NEAR OCEAN AV.. FI.VTIHMI.
Solid built house, fleet ilass condition;
hardwood, awnings, urcen:. ell Improve
ments; lower nnd upper sleeping porrh; Enr
age space; htilgc of rosea, ganhii prko rea
sonable. A1CS1 Sun lit raid. BrooMjn.
L If Auctioneer
11
REAL ESTATE AT AUCTION,
14
CITY REAL ESTATE.
Roroucli of llniokljn-Snlo or Hmt.
Buy Nbw, $13,500
Cost to Build $18,000
New l-Family Houses
With Hollow-Title Garacei
In BEAUTIFUL BAY RIDGE
Shear picturesque Shore Road
Semi-detached, containing V
rooms, steam heat, parquet floors,
tiled bathrooms and kitchen;
open fireplaces, enclosed porches.
Honestly Built.
$4,000 Cash; Easy Terms
Colonial Road Housing Corp.,
77th St. & Colonic. Road
3 Blocks WU of 77th Kt titntlon, Fourth
av sunwny
READY FOR OCCUPANCY.
TWO family brick. Just completed, In Bjr
Itlilgo anil Dyfcer Heights, nil moderA 1m-)ioi.-ments,
with gnrniiv, on 8O1I1 St., between
M nnd 4tli ni., also 8011, MI17-8010; only
S4,(10 cash; open for Inspection every any,
Including Sundays and holidays; superin
tendent on premises.
M.H. OAKWOOD
"803 3d av.
IlorouKli of Omens Snlo nr Rent.
GREAT HOUSE BARGAIN
$3,r00 buys beautiful f 10.400 house; fore
closed site: fine surroundings; near station;
half hour Manhattan; large plot; wide boule-
nnl; parquetry. cncn fireplace, tiled bath.
tlle.1 kitchen' artistic decorations; $2,000 '
cash; easy payments; save brokerage.
Telephone OWNER, 6515 Hollis
IAMAIPA nADPAIM
. rfnmniv.n unnumn,
lively 7 room house, hardwood trim, steam
I heat, gas; fine section; close to station and'
' school. Price 7,850. MITCHELL. 3 Union
Hall st., Jamaica.
$1250 CASH
Buys this beautiful artlstio atucco
homo of II large rooms, tiled kitchen
and hath, enclosed porch, every mod
ern convonlenco nnd Improvement, lo
cated on asphalt street, sidewalks,
curbs, sewers, shade trees, shrub
bery, c; auto driveway, space for
double garage. Tako Fulton Street
"1." marked Lofferts ave. to Green
wood nve. station, walk One block
south. Inquire MR. LUNDGREN.
10721 110th St., Richmond Hill.
NEW HOUSES RICHMOND HILL.
c!oed porch, drheway, $8,000, eay term.
lirmly for Oocupancy Onrn Sundayi.
ADELMANN-SCHRAUTH CO.
11820 LlVerty nv.. cor. Ufferts nv.. Rich
mond Hill, ft. Leffert av. sta, Fulton "L."
EEAL ESTATE OUT OF CITY.
Lon a 'JtiMiaSnieTr"
Immediate Possession.
14 Room Colonial House
Sacrifice
6 master bedrooms, servants'
Quarters, large garage, spa- 1
cious ground, use of outdoor
1 swimming pool and tennis
courts. Can bo bought fur
nished or unfurnished. Ken
sington Gardens. Phone
Greafr Neck 53 6;
GREAT NECr
Furnished. Season Rentals
II:
$t.80O, $2,000, f2'O0, $.1,000.
$3,300. $.1,000, $0,000, $7,500. Y.
These are choice homes and locations, with "S
baths, 2 maids' rooms, 1 machine garago, to .
7 master bedrooms, 5 baths, 4 maids' room;. i
4 car garage and apartment. .X
JBaker Crowell, Inc.
47 West ,14th st. Tel. Greeley 33.
Owner Forced to Sell
beautiful home having eight largo rooms
bath, ( laundry and pantry: all Improvements;
gas and electric light: 10 toot porch, screens;
two car garage; plot 70x183: nice lawn.,
ehrublwry, epruce and pine trees; prloe
$12,000. $1,000 cash. BROWN, 31a R. R. nr.
Phone 1228 Freeport. L. f.
Direct From Builder
beautiful seml-bungalow having six rooms,
bath, laundry, pantry and reception hall: air
modern Improvements: steam heat; plot SOx
120; nlco lawn, fruit and shrubbery: chicken
house; price $0,000, $2,000 cash. Box 111.
Freeport. L. I.
ONG ISLANDS
GLEN COVF. Sale $23,000. Co.. ,s
lonlal. 10 rooms. 3 baths. U
L
acre, uarage. No. OVOL. '
LADD CoNICHOLS i X
15 E.54tli St . N.Y. PUxa Ik3 i
ONG ISLANDS
locust Valley Sale $150,000. Co
lonial. 13 rooms, I baths. 14 acres.
Garage, cottage. No. 017L.
LADD EoNICHOLS
19 E.34th St . N.Y. Plcxtv 1123
FREEPORT, L. I.
LARGE COLONIAL eight room house;.. ,
steam heat, parquet floors; all Improve-
merits; fine barn nnd garago: fruit trees,
grape arbor. FIVE ACRES OF LAND wl'.li
It. Price $17,500 for quick sale.
CI,RENCi: A. EDWARDS. Opp. Depot.
FREEPORT, L. I.
(ITRNIMIED FOR SIMMER)-I0 roomg"
end two tmtha. two car gnraga, cholco loca.
lon. $1.5. Offlet. opn Sum.ay.
i