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The Brooklyn Daily Eagle from Brooklyn, New York • Page 18

The Brooklyn Daily Eagle from Brooklyn, New York • Page 18

Location:
Brooklyn, New York
Issue Date:
Page:
18
Extracted Article Text (OCR)

THE BROOKLYN DAILY EAGLE. NEW YORK, THURSDAY, JUNE 10, -1920. H8 WALLABODT MARKET BANKS. BANKS. BANKS.

THE CORB MARKET THE COMMODITY MARKETS GRAIN AND PROVISIONS Beef registered its third advance COTTON MARICET Tha market opened steady at points advance points decline, with business on the call extremely limited. Liverpool was a small buyer while I Movements on the outside market Vere again quite narrow and trading was light. With the exception of General Asphalt, which advanced points, and BriBcoe Motors, which gained 2 points, the price changes were small, mainly fractional. There Is a general disposition to await the Republican nomination, and traders express the opinion that the market is in excellent condition when the political uncertainty and the fluctuations of call money ars taken into account. Anion th less active stocks.

Singer Manufacturing made a 3-point advance. Retail Candy was off a fraction and others of the industrial list made small gains or losses. Texas Pacific Coal and Oil, which had a big rise this week, added lhi points to its gains today. White Oil was up of a point. Gilliland Oil declined 1 point, International Petroleum and fractional losses were incurred by various other issues.

There was little activity in the mining, stocks with a tendency to weakness in many of the issues. The market was without feature. The following is a record of transactions in the principal issues traded in on the Curb today: Personal 4. Element in Business 1 VOU know the great value of the personal element in any business. It's a home-like touch that makes business, a pleasure.

i This personal touch on a basis of intelligent cooperation has reciprocal advantages to you, our customer, and to us. The Nassau National Bank and its depositors are good friendsi Nassau National Bank, of Brooklyn Established 1859 Resources $22,000,000 Industrials. 1 TRUST COMPANIES, TRUST COMPANIES. Prev. Stocks.

Salts. High. Low. p.m. cloie.

Arm Coal 2600 31, 3 3 'i 0 It)' 10 10', 10 Amer. Candy 300 6 e' t1 Briecoe 100 6 6 cm utfrt no Gen. Asphalt ....1700 711j 68'i IVi 8'i Gripe Ola 2, 2'i Havana Tob. pfd. too 9 9 8 Key.

100 13i 1.1'i 13i Lin-Mar 600 2 2 2 Mercer )0 IS li IS 18 Ho. Am. Paper. 300 i 5S iK Perfection 609 I', 5' 2' Radio Com 400 IS l'i Radio Com. 800 V.k t'i 2 2 Ranier 100 39'i 39'i S9'i 39 Kov de 400 6 5 57 iH Singer Mfg l'i" 131 J'-'S 320 fiubmar.

Boat 800 12'4 1- l2'i Sweets Co 4000 1', I'M Ht IV 8. Steam ....1000 I's 214 V. S. Transport. 100 10'i 10U 1 nl.

Ptct. Prod. 800 17, 1H 2 I n). Pro. Shar.MOO li lai Uni.

Ret. Candy. 60S IS 14'i X'l li Standard Oils. Insure Your Summer Vacation A VACATION to be satisfying must rest the mind as well as the body. To leave home for the summer and fail to put out of harm's way the many easily lifted valuables in the house is causing unnecessary worry.

Insure your vacation by leaving your valuables in the vaults of the Brooklyn City Safe Deposit Company. Storage Vaults for bulky articles, silverware and heirlooms; private safes for jewelry, Liberty and other bonds, deeds, insurance policies and valuable papers. Telephone Main 4000 Brooklyn City Safe Deposit Co. Brooklyn Trust Company Building 177 Montague Street, Brooklyn Illinois P. 10 160 10 1 6.

Oil Of N. I- 10 380 380 380 38 Other Oils. Allied Oil lOOO ft 27 St Ark. Nat Gaa rts i 2i Bis Heart 490 114, 10 11 10? Boone OiL 2000 3', 3S 8's Boat. Wyoming.

.7000 13-1 Cushlng Pet ....4500 l' l'i 1. Duqesne 400 4V. 4' 4V4 41, Elk Baiin 400 S'i 8 8V, Engineers Pet 500 1'4 Esmeralda Oil ..3000 B-lfi 6-16 6-l 5-IS Federal Oil 1000 2 2'i 2H 2 Ollliland Oil 100 34 34 34 85 Glenrock Oil 800 2i 2i 2 i Home Petroleum WO 3 8 3 3 Hudson Oil ....1000 6-l i 6-15 int. Petrol 100 35 34 34i 35 Invincible 2300 38 37 38 Island Oil 1000 8H 6H Kay Vo. 100 1T l'i King Petrol.

800 3'i 3Vi 3 Star 200 2814 26-i, 26 26 Merritt Oil 100 15Vi 15Vi 16 Met. Pet 500 a'l Mer. Fan 36S 15 15 Morten Fete 700 3 344 3 S'i Okla, Nas. 100 32', 32Vi Pittsburg Oil 400 12 12H 12 13 Prod. 200 Ti Red Rock Oil 400 i Rlckard 200 'i 'i Kyan Oil 1300 3V, 3'4 3Vi Roval D.

BOO 33 33, 31 Sirnmi Pet. 300 184 18'i Wi 18'i Spencer Pet. 300 20H 20 2fl Superior Oil 400 19 ISTi 19 ISTi J'ei. Pac. Coal.8900 SI" i 49, 4SVi Pac.

Coal rts. 900 13 IMi 13i 12 Tropical Oil 100 2'i 20'i X'i 20Vi 1'n. Tex. Oil ....4000 1 1 Victoria OU new 300 1 1 1 Vulcan Oil ....1000 3 Sfc 3H 2V White Oil 2i 20 mt sa Corn prices were 2Uc. to 2 He higher at 12.15c.

The market was very active, and after a display of Irregularity at the outset resumed the upward movement on further short covering and scat tered buying, and influenced greatly by the action in oats. The newa was without influence. There was some export inquiry for wheat, but weather conditions were ideal, corn receipt larger, crop reports very favorable, with planting practically completed on an Increased acreage. The cash market continues to lag, and commission houses were good sellers on the bulge, causing some reaction. Sentiment was very mixed.

Oats prices) advanced 2c. to 4c. per bushel. The market was again very active and strong, with July in the lead, advancing to (1.08 per bushel, an upturn of 10 cents a bushel from yesterday's opening, and an advance of 1Z cents a bushel from Tuesday's close, Mairl The highest point reached in oats was ll.OSVi. There was no change in the features of the market.

Receipts were small, and cash premiums maintained, which induced further active, covering and commis sion house buying, which readily absorbed the heavy profit taking. Expectations are for larger receipts, as Chicago is now relatively the highest oats market. New crop conditions were favorable. Rye was 2c. to Sc.

higher. Trade was quiet, but the market was strong on buying by cash houses and with some commission house demand, due to reports of export wheat and rye inquiries and the strength in the other grain. a Barley was dull and a naif cent higher. Provisions prices were firmer at the outset, on reports of export demand for lard from England, wltn tne strength in hogs and corn, and scattered commission house buying, but realizing sales caused a qquic setback. The market on the who.le acted disappointingly.

Argentine exports for the past week are estimated at: wheat, 8,700,000 bushels; corn, 2,600,000 bushels; oats, 280,000 bushels. Argentine Export Tax Broomhatl Cables The new government decree is awaiting final decision. The fax on flour will be as reported $50 per ton. equal to $1.50 per barrel. Chicago Daylight Saving Chicago Wired The Board of Trade will con form with the new time on next Mon day.

Export Demand. Exporters were in the market for wheat this morning. There were very few offers, and buyers were' asking for offerings. Continental Inquiries were in the market, and it was inti mated that the British Commission was making bids on a cost-and-freight basis, equal to $3.06 f. o.

b. the Gulf. It is estimated that yesterday's busi ness totaled about zoo.ooo bushels of wheat, with Holland the best buyer. There were indications of some inquiry c. i.

f. Georgian Bay. Export ljard. It is understood that there were further export inquiries in the market for lard this morning. Reports were current that about 2,000,000 pounds of cash lard had been sold here the past few days, and it was thought that this business was mainly export buying.

Leading Interests intimated that England was in the market. Casta Markets at New York. Today. Prtvlons WHBAT Firm Haslsr No. 2 red, fob 310 306 No.

1 No, fob afloat. COHN. Stress Strong No. 2 yellow, kiln dried 2 14a4 211 OATS Strong Btront No. 2 white 136 183 RIB Strong Strang No.

2 fob 259a4 S534 J1XUR Pi Minnesota Patent .15.00 15.00 Winter straight 13.25 13.25 LARD Stronr Steady PrimeWestern 20.80 20.50 PORK Weak Old mess ..40 50 40.50 OCEAN FREIGHTS Dull Strong Liverpool Future Markets at Chicago. First High- Low- 3 :15 previous sals. st est. sals. olos.

CORN- July 17a 174U 178 174-i 163 1604 OATS lO-i 108 104V9 102's Bept 8284 847s 814 83i 81 LARD 20.80 21.00 20 75 21.00 20.7a 21.77 21.95 21.70 21.95 21.02 BIBS 18 27 18 40 18 25 18 40 18 20 19.12 19 25 19 07 19 25 19.00 PORK- 34.50 34 50 33.60 Sept 85.15 35.75 35.15 35.7o Receipts at Interior Points. Flour, Wheat, Corn, Oats, barrels, bushels, bushels, bushels. Total. 34,000 33,000 12,000 15,000 (shipments From Interior Points. Flour, Wheat, iorn.

Oats, barrels, bushels, bushels, bushels. Total. 137.0Q0 22,000 36,000 29,000 Receipts at Atlantic Points. Flour, Wheat, Corn. Oats, barrels, bushels, bushels, bushels.

Total. 33,000 506,000 412,000 Shipments from Atlantic Points. Flour, Wheat, Corn, 'Oars, barrels, bushels, bunhels. bushels. Total.

111,000 20B.00O 313,000 Incomplete. Sortliwest Wheat Receipts, Today. Last wit. 191 Duluth. cars IS 236 S3 Minneapolis 112 125 125 Winnipeg Wire trouble 77 34 3 points, cars 205 438 242 HOME SAVINGS WORKERS DINED BY M.

W. CLEASON; BUILDING PLANS SHOWN The officers, trustees and employees fthe Home Savings Bank of Green-point were the guests yesterday afternoon and evening at the Garden City Golf Club of Marshall W. Gleason, president of the bank. Following the monthly meeting of the Board of Trustees yesterday, the entire personnel motored to the clu band were entertained at dinner. The event marked the occasion of the bank exceeding the 1 1,000,000 in deposits for the first time.

Addresses were made by the officers and trustees and several of the employes. Charles K. Ball, chairman of the Building committee, yesterday received the plans for the new building that the bank will erect at Manhattan and Norman aves. and displayed them to the gathering. They met with general approval and there were many expressions of pride and satisfaction that the bank would soon possess adequate facilities for its future growth.

FINANCIAL BRIEFS Pankern Trust Company lias been appointed transfer neurit for th preferred and common nUtrk of Thrt Samuel Stores. Special working shares of th stock of the Banco Narlonal rltramarmo have been granted free to the. taff of that tnst-itutlon an a result uf the latter' Inrreaainaly prosperous condition. ThH Information, coupled with the n-noimcement of an 8 percent third dividend fr making a Percent total for the year. v.su contained In a fable dispatch receded from laondon today by Joseph McCurrach, Xew Tork agent for the bank.

At the annual meeting of the stockholder of independent Warehouses, hld yeaterday, W. t'aten Conway, vlra president. Guaranty 'lYtut iv.mpanv. was elected a director of the corporation. The board of dlretm-a at a meeting later re-elecvted the- old offkers.

The Korelgn Credit. Corporation, acceptors and Internutional hankers, formerly at ST Liberty opens for biiB'neaa today In larger quarteit on tht ground floor of 30 Pint this week when the prices shot up 3 cent pep pound today at Wallabout Market, making a total gain ot a nickel since Saturday's closing. The wholesalers say the prices will continue to advance until the market's peak Is reached in August. They attribute the sudden stiffness shown this week to increased demand locally, a shortage of livestock and a sharp break in hides and fat. The latter cause, they say, means that the packers ask more money for the meat in order to make up the losses on the by products.

Market gains in fish prices provided additional thrills for food circles to day. Blueflah took a bound to 45 cents from 26 cents, and lobsters from SS to 45 cents, accompanied by a leap of weakflsh from 18 cents to 22a25 cents. Codfish advanced 4 cents to 28 cents, butterflsh and bonita mackerel 2 cents, and eels cents. Shad and finnan haddie are out of the market. New cabbage gained 60 cents per basket and asparagus a dollar per dozen bunches.

Yellow and white onions eased a quarter per crate. The table immediately following shows the, price changes of a week for the principal food items: Today. Week g- Apples, box t4.0 5.00 ((? Dttcon, clear, "nv Beef, Ib .25 Kutter, ereaanerr.lb. Cabbage, crate S.M0 t.OO Codfleh, Ib 20 Kgga, candled, dea. Kcis.wblte lea-ham .510 .61 Fowl, per lb 45 Han, frmh, Lamb.

Ib S0 .80 Onions, white, crate S.OO Z.25 oranges, iwi box, a.oow Fork loins, lb 82a .85 Veal, arlme. Ib 2a .21 Potateea. old. bbl. 9.00 10.00 13.00 15X10 16.50 oPtatoes, new, bbL12.J5 13.50 14.50 VRar.TiRT.r.s.

Asparagus, X. per dosen bunches. 4.601? 5-50 Asparagus, seconds, per doaen 2.0Otp Beans, string per basket 4.W 5 Beans, wax, per basket Cabbage, new. per crate 6.60 4 00 Celery, round, per dolen 2.00W 2.50 Celsrv. heart, tie.

Anan 2.669 8.60 Cucumbers, per basket e.owa 6.50 Eggplant, per crate 8.a Onions, Texas, white, por crate 175 2.00 Onions, yellow, Texas, per crate 1.75 2.00 Peaa. per basket 4-00 6-60 Peppers, per till Potatoes, new, No. 2's, per 8.50'tf Potatoes, new, Florida, per 12. 76trl8.50 Potatoes, Maine, per l5-lb. bag s.oofaio.OO Potatoes, State, per 165-tb.

bag 9.0010.00 Tomatoes. Florida, per crate 8 SO a BUM DA. VEOOTABLKS. Carrots per crate 4.259 4M Parsley, per crate 4009 4. at Parsley, per dozen l.W) Onions, per crate lo Potatoes, per barrel 14.0815.

IXNO ISLAND TXOB1TABLM. Beets, per doz bunches 1-50 Horseradish, per dozen 409 Kale, per barrel 1-OOf 1.6 Lettuce, per 3-Wif -00 Potatoes, per Radishes, per 100 2 00 2.o0 Rhubarg, per dozen bunches 50 Komaine, per basket l.SJ 1 Koloriba, per dozen 60i Scallions, per 100 bunches 2.00 S.00 Tseuv greens, por docen 1.009 l.a Spinach, per crate Turnips, per barrel FRUIT. Apples, per box Apples, per Barrel Bananas, oer bunch Canteloupe, Cat, per crate Cherries, per box J-J Grapefruit, per box iriZ lemons, California, per box 5.t Trftmons. roreian. per dox j.i nnn Porto Rico, per box 3.oo i.s Oranges, California, per box 5.00 Oranges, ionoa, per ra Peaches, ueorgia.

per craie vri? Pineapples, per box Huckleberries, per quart Strawberries, Florida, per quart Watermelons, each 1.00 MKAXS. Steers, choice, native, per Hindquarters, per pound MZ Chucks, per pound medium, native, per pound. .23 8iJ4 tdndo'usrters. per nound 30 Chucks, per pound Steers. Western, per pound 16 W17.

Hindquarters, per pouna ...30 S31 Chucks, per pound Veal. Multon ana lams- Calves, per pound Calves, common, per pound T.ambs, spring-, per Lambs. Western, per 211 (828 23 Bir 3 S9 S4 Por. rrasB cor Bslllts, par rooi Butts, honeless, Butts, Boston, per pound Csllas. per pound llama, per pound Loins, per pound I.olns Western, per Lari, Pra.

par pauad 44 2 tun eat t)N I55! Park, lmrt- Bacon, Clear, per Bacon, rib, per pound per pound Haass, aklnasd. pir pound Spara ribs, half aheet. tlerca. raultrr, Draassd- Broilers, per pound 051 Chickens, roastlns, fresh. 4-t lbs fresh.

per pound 41 fowl, fresh, I per pound 41 041 Fowl, fresh, 4-6 per pouna rtoosters. per pound sultry. Me Ducks, Western, per pound 38 BIS Fowl per pound 4 8J48 Geese Kiwn, per pound Guinea, hens, per pair fl. 5092.01 pigeons, per pair 75 Ol.Oa Boosters, per pound 24 S25 lurksrs, per round 45 Ow DAIRY PRODUCT. Butter, creamery, per pouna ev'i'n Print, per pounu Fastorv.

per pound U'MiS Ekks. candled, per dozen Western, camiitu, mvi uwc White Leghorn, per dozen 041 Case per dozen ot IBs. FOOD. BHiensh, per pound Hlunflsh, small, per pouna Porgies. per pound 's Butterflsh.

per pound Clams. Little Herd, per 100 ft, psr 1H Codfish, per pound Cod, sait, boneless, per Eels, ler pound Flounders, per pound 5(1 ....50 ..,.31 ....13 Si 15 Fluke, por pound 16 Haddock, per pound 09 Halibut, per pound 25 Haddock roe, per pound la riming, per pound OS Lobster per pound Mackerel, bonita, per pound 20 Uai'kerel, per pound 23 Mackerel, frefh, per pound 2:1 Mackerel, salt, per 20-lb. pail i.tiy Mackerel, Spanish, per pound ij 1'erch, per pound 15 Pollock, steak, per in Sea bass, per pound Shrimp, per pound 2K Bole, per pound 10 Weakflsh, per pound 22 Whiting, per pound 04 STANDARD OIL SUBSIDIARIES Previous Bid. Asked. Bid.

Asked. Anglo-American '-4'i 25Vi Atlentlr net 1200 1300 Atlantic Uef. 10 107 4o0 47-r Buckeye Pipe I. 8K 8U Uhesborough Mfg 250 230 CM Opt ,...102 105 Continent 10 Mo Crescent Pipe I.lne... :10 32 Cumberland Pipe 130 Eureka Pipe Line 8 JOO Galena Signal Oil 48 fi'2 Do pref old CO IIS Do pref new: 0 95 Illinois Pipe Une 1S5 1HO Indiana Hps 8B HO Int.

Pet, now 33 35 National Transit 25 27 New Tork 155 10 Northern Pipe PS 101 Ohio Oil 3 31" Penn-Mex. Fuel 43 4 Pierce Oil 18 Pierce OH pr Prairie Oil fc Gas 555 D70 Prairie Pipe Line 210 215 Solar Refining -HIO 300 Southern Pipe 110 115 South Penn new 2H5 300 8. W. Penn 7 71 Siandard Oil Cal 320 325 Standard Oil Ind tjHO 005 Siandard Oil Kan 540 6tJO Standard Oil Ky 370 standard Oil Neb 425 475 Standard Oil 650 06O Do preferred Inl'i Standard Oil 380 384 Standard Oil 425 4611 Stand Oil Ohio pf 100 Ult Swan Se Fim-h 80 IIO Union Tank I.lne 107 111 Union Tank pf 98 10o Vacuum Oil 380 .1110 Waitington OU 25 30 nasi 8.60 .1 .54 .450 .4 .40 .82 0 .84 2.00 X.25 4.50 1 1.00 .84 JM Hid .24 24 25 1225 1275 103 ion 440 48,5 1 87 215 230 loo 100 1(0 125 135 100 45 fi "0 115 5 155 83 110 35 25 o0 155 16 100 300 12 IB 17 S3 86 550 670' 207 212 340 ao IIO 113 20 300 85 1 741 318 323 80 0 580 500 375 390 425 475 680 870 100V 101'j 378 380 425 450 100 103 80 l0 107 111 HH 1 no 380 390 25 3 contracts were supplied chiefly by local commission houses. The market's rising tendency following the call reflected without doubt a much im proved technical position, and rumor naa it mat one or two speculative operators were heavily short.

Weather conditions continued favorable todav. according to early advices and Liverpool cables were somewhat lower than due but the weamer lacior it appeared had been somewhat dls counted. Local stock, market wai irregular at the outset, and in foreign exchange demand sterling opened at J. 82, francs 7.68 and lire at 6.82. October rose 10 points above its ODenina- level durinr the first IB min utes to 36.65, a gain of 8 from last night, juid March 6 points to S3.

46, a gain of 9 points, from the previous final bid. One interest. Those who have eyes only for the gloom prevalent on tnis side should take a iook at urinsn exports which have reached the highest point on record, while imports have fallen to the lowest for any mont hthis year. This demonstrates that Birtish industries are working at high speed and coming on top of the report of Belgium is now working at SO percent efficiency proves that. reconstruction is under full headway.

As Kurope in the past has used over SO percent of American cotton crops these facts are a full offset to the pessimism prevailing in American markets. The market improved some in under tone as trading progressed, but there was Dut little cnange in general activity, which remained a a low ebb. The bull element mentioned the strength in the local stock market, which undoubtedly had some influence on speculative sentiment, especially in tne small prevailing market- The ring dl da little each way, and the couth was a moderate buyer at one time, but all in all it was difficult to And any feature In the market Feeling among brokerage houses was uncertain, and it was apparent that not a few bears were dismayed over the holding ac tion of prices in face of the steady betterment in weather conditions South. At noon the market ruled some 10 to 20 points above last night's closing quotations. New York Cotton Prices.

Quotations by J. Jay A 25 Brsas street, Manhattan. First High- Low- 2:15 Previous ale. eat. est.

sale. last 38.60 38.46 88.60 3850 Oet 35.5a 35.94 35-4. 35.90 35,58 34.48 34 85 34.48 34.80 34.50 COFFEE MARKET Coffee opened weak 6 to 8 points lower' under liquidation by a large commission house. The weakness in Santos and the improvement in south ern port conditions at New Orleans and Galveston were the immediate factors said to be responsible for the decline. It was rumored that houses with New Orleans connections sold in the local market this morning.

It was stated by one interest that a large amount of coffee has been tied up in southern ports on account of the longshoreman's strike and that this coffee has now come on the market. Many state that the interior-Is in urgent need of coffee but that transportation conditions are responsible for the curtailment of interior business. One interest said: "We do not favor sales on dull spots, in spite of the general discouragement. There are several features which may quickly cause an entirely differed situation. When the new crop begins to move it must be expected that there will be keen competition for the receipts in order to cover the heavy forward" sales which have been made in both Santos and Rio.

Any improvement in New York shipping conditions would greatly stimulate the demand, particularly as the interior needs supplies. Coffee, compared with anything else, is not high, but unfortunately buyers as a rule wait until the market has advanced and then come in when profits made on such markets as the present one should be taken. We believe in buying September or December around 14.50. Twenty lots of July and December switched at 25 points the premium on July. Coffee cables Rio advanced 75 reis.

The dollar 'rate was unchanged at 3J960. Rio exchange on London de clined, l-16d at 15 15-32. Rio receipts were unchanged and totaled 8,000 bags. Rio stocks totaled 289,000 bags, an increase of 31,000. Santos receipts were 9,000 bags, an increase of 3,000.

Santos stocks were 1,821,000 bags, an increase of 4,000. Sao Paulo receipts were 8,000 bags increase 1,000. Jundiahy receipts 5,000 bags, decreased 1,000. Rio cleared. to New Orleans on the 9th, 14,500 bags.

Santos declined 75 to 200 reis. FRENCH ASK RESERVATION ON RUSSIAN GOLD Paris, June 10 Representations are to be made to the British Government relative to reservations by France on behalf of holders of Russian securi ties regarding a shipment of gold and platinum which is expected to arrive in London soon. This follows the precedent I set at Stockholm, where a shipment of Russian gold was ceived early this month. The French Minister at the Swedish capital has been asked by that Government to place on file the names of French holders of Russian bonds In whose favor claims against the shipment ot gold would be made, according to the Petit Parisien. DIVIDENDS DECLARED The Orpheum Circuit, declared the usual quarterly dividends of BO cents per share on the common stock of 2 percent on the preferred, payable July 1.

Books close June 15 and re open July 2. The lecumseh Cotton Mills Com pany declared the regular quarterly dividend of 10 percent, payable July 1 to holders of record, June 21. The Manhattan Shift Company has declared the regular quarterly divi dend of $1.75 a share on the preferred stock, payable July 1, to holders of record June 21. The Chase National Bank has de clare1 the. usual quarterly dividend of.

4 percent, payable July 1 to holders of record. June 2a. The Advance Candy Manufacturing Company has declared the regular quarterly dividend of 2 percent on the preferred stock, payable July 1, to holders of record. Jme 25. I The Cement Securities Corporation declared a quarterly dividend of 3 per cent, payable July 1.

to stock of record, June 1,6. This is an increase of 1 percent over the hist paid. LONDON STOCK MARKET London, June 10 Oil shares had a healthy undertone on the Slock Exchange today and prices hardened. Shell Trading was 10, Mexican Beagle 9. Gilt-edged Investment Issues held well, helped bythe maintenance of the Bank of Kngland rate at 7 percent.

The foreign department was featureless. Home rails and Canadians were dull, hut the securities of Argentine roads were good. Support, was given to the dlumond group, Kaffirs lacked steadiness. Rubbers and industrials were Irregular. Hudsons Bay was 7 ft -1 6 Generally the markets were slow but steady.

Mining. A las. -Br. .2600 13-16 Hi IS 1 3-U 1 4 71 Atlanta 1000 Biz Ledce 15ft l'i 11 27 Booth 1500 Rom. aled.

Mln '1000 Cat. Canada Cop 100 Candelaria ,.1200 f'on Virginia 200 Cortex .4000 Cresson Gold ....1000 Divide EM '41) Kl. Salvador 200 Emma Silver. Rureka E00 Kureka Holly ...1400 49 Mining 200 Golden Gate Gold Cons Gold Devel 100O Gold Gold 8. Oold iSone 150i) Hecla 400 Honduras Syn 300 Jumbo Ext '1200 Knox Divide 121)0 Louisiana Co Motherlode 10O Mother new.

100 Mur. Nipissing 0O Ophir Silver 900 Rex Cons '1000 Roches. Mines. Roper Group ...5600 Ban Toy 1000 i 71 27 70 27 1 l-K 1 1-1S 1 1-tS 6-16 6-l 2Se 2S 2'-e 60 68 8 3 60 IS 2 9 13-lS 1 l'i 4 9 l'i 25 2H iS 2S 9 IS to 2 It 13-1 13-1 1 1 1 l'i 9 6 1 8 17 4S 16 11-16 75 9 8 12 4 63 1 l'i 6S IS 1 8 17 4S 1'4 8 76 9-l 8 12 4 62 'I It 16 17 4'i 1'4 ll-l 68 75 6 6 7 S-16 8 12 4 62 8 12 4 2 Kg of AHZ.IWH) S. Silver T.ead Success 'Mln.

Belmont 3ono Caeh Boy Tono Divide 'Tonopah Ext 100 law 4'4 'S 6 400 1 17-16 1 11-16 1 11-16 1 IMS TOO 6 6 6 2300 400 17-16 Hi 16 IS IS 16 IS IS I -16 16 I 7-16 13 15 fclono-Jim is Tono Midway Tonopah Min Tono Mlzpah Ton Res Enila t'rii. astern TVst Krfd White Caps Wllbert 'Yerrlngton .1000 TOO .1500 300 ..1000 ..800 .1200 1 7-16 1 -16 1 7-16 13 13 15 15 13 1: 3 3-16 3-16 3 3-16 1 1 5-16 1 7-16 11 II 11 5 Cents pr share. Bonds, All Pack 6s JIO.OOi) 69 63 8 69 FINANCIAL. Stepping Stones to Financial Success in the practical sense is merely the accumulation of thoroughly seasoned securities with your savings no matter how small regularly each month. Make your start now by showing your ability to save.

Your savings properly placed will assure easy attainment of eventual financial success. Tbe Current Market Review jmt isiscd carries information on nunerous stock, that are attractire anil we be (lad to also send copy of the Tea Payment Plan booklet ihow-iaf in detail bow to bur them. Sent (ratis. Write Dept. B.

E. M. Fuller Co. Menbers of Consolidated SUck Eioh. of N.

50 Broad New York 'I'els. Broad 4620-W3U HARLEM OFFICE, Hotel Th.rew b.enth Arenas and lists Street Tels. Morniugaide 1WJ-3-4 BRONX OFFICE, 383 E. lttih street ei. Melrose 7611 NEWARK OFFICE, era Broad Street Tel.

Market 7811 Clerelaad Chicago Boston Dirttt Privatt Wirt Cmntetiom MARKET DESPATCH a financial publication which authoritatively discusses active N. Y. Curb and Canadian securities from the investors and traders viewpoint. The current issue reviews: United Retail Candy 1he new chaiii-atnrr candy enterprise sponsored by the powerful (United t'licar Store interests. AND U.

S. Steamship Tonopah Divide Grape-Ola Big Ledge Skelly Oil Canada Copper Glenrock Oil Hecla Mining Prod. Ref. White Oil The Market Dcupntcli frill Rive you money-milking forma- Hon every week on 25 ACTIVE OIL, MINING INDUSTRIAL STOCKS "Inventor ticket Kent l'RKK 011 rctntW Mention Stock in which interested and write for free copy of Market Despatch TODAY, TOPONTO mmi.T ponccPiXK XIRKI.ANI) LAKE DETROIT lUlfHESTKU IirKFVW.O SYRACUSE! Direct Private Wires to Canada anil all offices. Phone Hroud itnm THE REALTY MARKET BUILDING DECLINE IN MAY, Building operations in the month of May showed a decline of 10 percent from the operations of the previous month, accordinfr to statistics compiled hy the F.

W. Podge According to this company's figures, contracts awarded during Way in Urn ritory east of the Missouri and north ot the Ohio Rivers amounted to $247,186,000, compared with over $300,000,000 for the months of and April. This slackening of activity can scarcely be more than tenipoiary. Its principal causes arc four: Disputed over adjustments in the wage scale, principally in Chicago anrf the Central West; freight congestion, which is felt principally in the liust; the Increasing difficulty in financing building operations and the belief that prices of materials are due to drop. These factors, though they seriously handicap building operations, can scarcely be of more than temporary nature.

The of wage adjustments and freight eii se stion nay be solved very speedily. The difficulty of financing building projects', while It is great. Is not. InHuriiioii'iVtlile. The public has already begun to see that declines in prices can ily be slow at least, and It will soon realize that In face of the enormous demand for construction of all kinds and the prospect of Increased fi-fiyht rates building materinls are likely t.i remain high longer than any other group of commodities.

Continued Di'innml for Homes. The Hurling Realty Company sold 224 Monroe a four story brown- tefflTMENTl m' a 11 Income rJLAflr Month 1 News That PaysrJ r-fcetanfte Place NwttrKu 97 tli 85 85 SS P9'i 9 99 98'i 'M'i 9SS 'jS'j 98 98i 98 FINANCIAL. Thousands Have Read This Book Your copy is ready. Free to any business man who is interested in the Market and who wishes to know: The General Rules of Trading. How to Give a Broker Instructions.

s' Commission Charges. How to Indorse a Stock Certificate. How to Use Collateral in Trading. How to Group Investments. The Deposit Requirements for carrying Stocks on Account.

The Rights of Stock and Bond Holders, etc. Written in simple' language and easy examples given. No obligation. Edition limited. Call, 'phone or write at once.

Ask for No. C.C.-909 JONES BAKER Specialists in New York Curb Market Securities 50 Court St, Brooklyn Telephone Main 3693 New York Office E0 Broad Stk 305 Fifth Are, Ji Phone Broad 7150 A'rr. Hill 7120 Offices in 9 Principal Cities Direct Privatt Wiret UNLISTED OILS PELL and WHITE 43 KXCIIANtiK PLACE. NEW YORK. Tel.

Hanover 8817-8. si one apartment, for Mary YouriB to a client lor investment; 135 Kosciusko a two story and frame dwelling. Cur A. MucXicholl; 619 and 653 Do Kalb two two story brick dwellings, tor K. K.

Piorson; 336 Jay a three story and basement brick dwell-In or. nenr Mvrtle for J. J. Kenny; 128 Kosciusko a two story frame i dwelling, lur .1. jiriiMHii, a three story frame dwelling, near Middagh for L.

McNaboe; 146 Kosciusko a two story and basement frame dwelling, for Mrs. B. K. tl ray; 55 Dufflcld a three story and basement brick dwelling, for D. Donolli.

Hljr riant Tinnsfoi'i'iil. Harrison S. Colburn Company and George A. Churchill have negotiated a deal In which the Washburn-Crosby Company has taken the plant formerly of the tjiiinlard Iron Works fronting on the Hast Hiver, Manhattan, between K. 10th and K.

lllh sis. This property has been in the Law family lor over 5(1 during the greater part or which time it was nsd for the building and repairing or ferryboats and is one of the well known landmarks on the Kast Hiver. Coninii inl lAnsr. The Charles K. Noyes Company has leased for the Broadway-Maiden Lano Corporation the store 2 Maiden lane to Harry N.

Rosenthal. The lease Is for a term of years at an aggregate rental of Bay Uldge Commercial liCaso. Tankoos. Smith ft in conjunction with Harris, ought leased for lon-r term of years, at a rental aggregating $60,000, the store and 1 asemont In the property owned by I'hillp 10. at 6422 5th the ntlie ground floor and basement lo the Uegt.1 Shoe Cotnpuny for tic-, cupancy.

KINGS COUNTY TRUST COMPANY 342, 344 346 FUITON ST. Capital, $500,000 undivided" PROFITS 2,800,000 JULIAN D. FAIRCHILD. Pridi JOT.IAN P. FAIRCHILD j.T-,iA,.,m THOMAS BLAKB HOWARD O.

JOOST J. NORMAN CARPENTER Tr oaf Interest Allowed Accounts Subject to Check. Special Rate. Certificate of Deposit HAMILTON TRUST CO. 189-191 Montague St.

CAPITAL, SURPLUS AMD PKOFIT! $1,500,000 literett on Accoeatt Sabject to Check Special Ratet on Time Depotiti Wlllsrd K. KlmlstT, President. Walter G. Humstone. Vies Prssldelt Jebl Anderson, Vlrs President.

OeorfS Hidden. Vlra President Seeretsry. Kskert A. Girling. Assistant Secretary.

Jsa C. Heeker. Assistant Secretary. OMrcs I. Pierce.

Assistant Secretary. LAWYERS TITI.IB AND TRUST CO. Trust and Banking Department, 44 Court St Title Department. 188 Montsr'e St. Tran'icts a general banking and trnst bnilneej.

Offers lt customers ererr Iiclllly consistent yl rood bsnklng. Attention Is especially calle fc one Interest Certlncates ot Deposit tor fund RraDEPOSIT BOXES FOB RENT. Service L.r that satisfies i. BANKS. THE CORN EXCHANGE BANK NEW YORK.

Capital and Surplus I i. 000,009 BROOKLYN BRANCHES Brooklyn Urancb Court and Joralemoa Sta rislbuuli Are. A 21 Flatbnsn A. tlreeBpolnt A Msnbsttsn Ares. Myrtle Are.

Branch Myrtle Are. A way folk Brooklyn Mrs neb Hamilton An. DIVIDENDS. THK NEW YORK CENTRAL RAILROAD CO. New York.

June 9, 11120. A dividend of onn dollar and 1 wenty-flvn ornt: per share on the capital stock of this Company, has hern dci-Ured payahlo Aukubi WZQ, al the. office, ol the General Treasurer, to stockholders of record at.the close of husincss July 1, 19-0. AlILTUX S. KAR(iKIt.

General Treasurer. XOKTHhUJE HANK OF BROOKLYN. NY. June 9 1 9 J0. mvmExu no.

The Hoard of Directors ha this rlajSTile. dared a semi-annual dividend of TIllfirK PKllCKN'T. an oxlra dividend of THHItH PKK'tNT on the capital stock of this payahlc Julv 1 1920. to the stockholders) Inf record at the time of oloslnit of the transfer hooks. Transfer hooks to he closed fnrjm June 9 to July 2.

HKNHY Wl.l.MAN. Sale 111 71st St. Tutlno Ccrny sold for Catharine A. Otterstedt to a client for occupancy, the 2 story and cellar, 2-famil;" brick dwelling 1035 "1st st. Kva TaiiRuay Buys.

i Arthur C. Sheridan, auctioneer, sort $142,000 worth of Brooklyn arid Queens realty at a night auction in the Brooklyn Exchange, June 8. Among the offerings were nine new stucco dwellings In K. 13th Flat-bush; 817 Neck Sheepshead Bay; 86 lots In the Iaurel Hill section and rive restricted lots at Hampton and 1 lover Manhattan Heach. The last named were bought by Kva Tan-puny, who will improve with a cottage.

tfltli St. Sales. Through two advertisements printed in The Kagle Edward J. sold two brownstone houses on 16th between 9th and 10th Mi'cluiel Pvne, tho other to Mr. Olaan, held at.

116,000. ITALY HUYS 1U MAXIAX CORY. A cablo from Broomhall says that Kir Herbert Kobson has announced that the High Commissioner for Italy has been informed of the purchase by his Government of 10,000 Ions ot Rumanian corn at 148 lire per ton c. i. Italian ports.

The corn 13 being shipped. Bel. Ci 7'is iyi: st.r. 6s i.ooo 11 Hud. 7s 22.000 Texas Co I.OOO 0'st Elcc 27,000 WILLS NOW VICE PRESIDENT OF SUMNER SAVINGS BANK I.ouls C.

Wills was elected a vice president of the Sumner Savings Bank at a meeting of the board of iruslces held yesterday afternoon and Wallace L. Conner was elected a trustee. Mr. Wills has been trustee for several years and has had a wide experience as counsel to various local hanks. He conducted the liquidation of the old Manufacturers National Bank and also the liquidation of the Commercial National Bank of Long Island City.

Mr. Conner has served as secretary of the bank since its organization in 1906. He fills the vacancy on the board caused by the death of the late Judge Kreifeltl. A semi-annual Interest dividend was declared fo depositors for the six months ending June 30 at the rate of 4 percent. PEOPLES TRUST CLUB ENJOYS FIRST DANCE The first social gathering of the Toopies Trust Club was held at the company's Bedford Branch, Nostrand ave.

and Herkimer on Tuesday evening. About 150 employees of the company were present and the affair pronounced a huge success. In 'addition to the regular dance order an txcellent entertainment was given in which many novelties were intro (lueed. Amoijr those who contributed to the program were John V. flcllly, 'in a tenor hoio; tne Misses Thordsen and gallon, in a piano duet; Messrs, Isrause and Hostel in a violin and piano numoer; William Campbell baritone solo; Messrs.

Holland and Jleesch, in a specialty dunce, and Adrian I'nimer, in a tenoi- solo. The club was organized primarily to promote good fellowship among the employees and has the enthusiastic support or tne omcers of the com pany. HAXKRIPTCV PKT1TIO.VS. 90, Hamucl It. Trthlas.

merrhsnt of Fourth MMnhatlan. Involuntary petl linn. J'etlticnlna- creditor, Joseph Hiown, Irenes. rieiK. 1,4 Hedrortl ave.

Voluntary. Liabilities, assets, nine. l.mi',n llellbron. textile arllueutr. Hm'k away t'sik, otuntary petition, l.lablll lies.

1.1,",; nssets, none. Jinn. Ktenlev (IrezeaxezHk, contractor, Oar, "den City Psrk, Norlll Hempstead, 1., vnlun (aoW'inioa. Liabilities 11, (W, aMeti none. 5-..

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About The Brooklyn Daily Eagle Archive

Pages Available:
1,426,564
Years Available:
1841-1963