davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19
WANTED-FLOOR SPACE.

FLOOR SPACE FOR TIRE STORAGE, ON
ssound door: reasonable; state size, location,
pEtees Box 2l2-S. Stax nmcA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19
CHAS. S. MUIR. & CO., INC.
1903 NEW YORK AVE.

CHAS. S. MUIR & CO., INC,
1908 NEW YORK AVE,
some Fine Homes and Investments Of Today
80 at Reasonable Prices.
On wide avenue, good northwest section;
modern home; very substantially
built with large garage; viii ae-
eommodate S cars. A splendid buy
for ................. .$o.UUV
ON Columbia Heights: modern home.
within y square Of 18th st. car line:
in fine neishbcfhood. II looking for
home in this section you will surely
he interested, rs 1t is priced only at 80 600
come, $32S per month; located on
l4th st. In order to settle estate will
sell for .$1V,VOV
Immediate possession Of newly con-
str,,cted Groom house on New Hamp-
shire ave-, in the best section Of Pet
Fine 7.room house in Chevy Chase; up
to-date conveniences: splendid section,
for ..............:.:......:.........sl s. 500
% feet wide; all modern improve
uplt se Chevy Chase home. just be. ''''
inY completed; y square from cars.
Re sure to see this. Price. ...... SIS. 900
On Washington Heights. convenient to
both car lines;. delightful home Of
rooms. bath and steam heat; very
figure to secure quick sale.
Excellent investment or home for col
ored buyer. Close to 18th 1t. Rents
for $3.50. Out-of-town owner will
sacrifice for ...................... $1,000
For colored purchaser; on street in good
hath brick DWELLING ONLY. ........ h. 400
-IIAC G. M1JTp 2Cn INC
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19

FOR SALE-BY OWNER, g.
room. 2-bath modern home stu
ated one of the best residential
sections of Washington. For in
formation call Columbia 2638,
between 6 and Z 7.m.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19
WILLIAM S. PHILLIPS
1909 New York Ave. NV.

WILLIAM S
1909 New W
Phone
We have a large list of desi
and reasonable terms in all sect
low are only a few. All are ava
DOWNTOWN
Eleven rooms. three baths. extra lava
tories, hot-water heat, in q high-class
block on Rhode Island avenue near Four
tenth. where the adjacent homes are
high grade. For rooming purposes or
for q downtown home this property IL
unsurpassed. Price. $751; 500. Terms.
MT. PLEASANT
On Kenyon St. overlooking Rock Creek
two-bath home with built-in garage. hot
water heat. electric lights. spacious
sleeping porches and every convenience
known to ingenious modern building.
Price, $18, 500. Exceptional terms
SUPERINTENDENT
An opportunity for a small family to Sc
cure a modern home with a small garden.
cost. The house has six rooms. bath, 10
heated by an efficient hot-air plant and
lighted by electricity. The price is
"a, 800 and the terms attractive,
PETWORTH-
A commanding corner ON Kansas avenue.
containing six rooms, reception hall and
tiled bath. This house is equipped with
copper screens and awnings. The lot
will permit garage to be erected Price,
$500.
BROOKLAND-
One Of the finest bungalows in this popu-
lar subdivision, containing six rooms and
tiled bath, hot-water heat and electric
lights; on Douglas street. Garage. Price,
$1,000. Terms.
MICHIGAN AVENUE
A splendid 21-foot brick house with
spacious colonial porch. six rooms and
beautiful tiled bath, unusual closet
space. hot-water heat and electric lights
double rear porches; overlooking Soldiers
Home Park. There Is ample room for
garage. Adjacent to Trinity College and
Ct. Martins Church. Price, 1900
Terms.
PARK VIEW
On Harvard street, a real snap requir-
ing a cash payment of only $3.50 A
six-room and bath house in this desirable
section which can be paid for in in
stallments less than property In the
neighborhood is renting for Price
1850. Terms.
w I L L Ia M S
14Oo New Yo
phone
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19

NEAR 9Th AND N NEG R. AND r;
porch: furnace; brick; easy terms. $6750
l I. 0O71 ~'O~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19

EOk sALE.617 ST. NE. FRAME HOUSE
containing rooms, latrobe heat, raIvanised
iron garage: back to 4 Soft paved aIley:
large lot House just remodeled Immediate
possession. Terms. Price. $3.50. $500 down
ana ~ per month including interest and
principal Apply JOS. A. HERBERT 4
SUNS 5l5 East Capitol st.
TAk0MA PARK-FINE BUNGALOW: = R.
and bath; furnace; elec:. lights; nearly III
acres; under cultivation; fruit. etc. On ac-
count OF illness must leave; sacrifice price
-, 700. Easy payments. Address Box 1854.
Star ONCE. '
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19

FOR RENT-FLOOR SPACE
TWO FLOORS. 1719 PA. AVE. N.W.-3, OOO
SO. IT. each: suitable for light manufacturing
storage or workroOms. GEO. u. REEFS, us
Evans bldg. Main 424S
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19
IMMEDIATE POSSESSION.

Forced sale account being transferred -
distant state. 8 T. and b.. cellar. furnace:
porches; lot, $50 It. to paved alley. Near N
short SQUARES north Of II ST.; school In half
square Of house. $500. Only loo cash:
$50 month. L. 9O7l.
IMMEDIATE POSSEssION-OwNER WILL
sell, near 9th and c ne, nearly new box
house: r. and b., cellar furnace. Price.
q. 500; cash. 1850; balance. 80 month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19

Two Good Buys
Chevy Chase.
Price. $l5. 900 Stucco; large, rooms and
rage: lot 75x80 IT.
Price. SIS. 000-7 rooms. baths, 3 porches,
fireplace; garage; lot 35xl60 IT.
Call Main 1892.
W. C. 4 A. N. MILLER,
304 Union Trust bldg.
10l7.1O19-1021 End ST. NE.
Three brick houses; lot 55x0O tt; price for
all. y. 500: easy termx Address Boz 10S-A,
Star office. 10s
BLOOMINGDALEsIX ROOMS, TILE BATH;
h:w.h.: fuh cellar, with tubs and toilet: dou-
BILE rear porehes side alley. room for garage;
g. 900; immediate possession. OWNER. 80 r
st. NV. IL
H.50o-NEAR HOUSE OFFICE BLDG. ON Q
st. Sc. 10 large rooms and bath: brick ga
raEe. Immediate possession.
PRANK Il. HOPKINS. 404 Kenois bldg. zoe
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19
BOSS & PHELPS,

. Phone Main 1923.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19

Another Miller-Built Home
In
Chevy Chase.
Here Is Your Opportunity.
Buy Now Before It Is Too Late.
Center entrance haIl plan, large living room
with fireplace. dining room. kitchen. pantry.
pofches and rear porch, bedrooms, baths,
one shower: sleeping porch; large corner lot.
Best quality throughout.
w. c. & A. N. Miller,
MAIN $500. UNION TRUST BLDG.
IMMEDIATE PossEssIcN-NEW, 2 ROOMS
and baths; well built house. with sleeping
throughout: everything up-to-date; will sacri-
dee at 1850. Inquire 4622 18th st. NV.
COL $3.50.
BEST RESIDENTIAL. SECTION. MT PLEAS
ant-9 rooms. reception hall. bath: hot-water
heat; electricity: side light; SO. 500; reason
able terms. JAMES NORRIS WOODWARD.
723 Goth at. NV. Main sos.
BEAUTIFUL MODERN BRICK HONE, OC-
cupied by owner; six rooms and tiled bathroom;
front and rear sleeping porches; every up-to-
date improvement; in hest NV. section. For
particulars see ]. H. HINES, eos New York
ave Phone Main 504S. 90
T1CANT.OPEN FOR INSPECTION-RESl-
dence, 1889 18th NV, of IL rooms. baths;
big bargain: suitable for Doctors office and
'l''''' Jos 5sssPH C.. z1nK1E.
Phone N. 1886. 2oS Colorado bldg.
Or your broker. =.
6-ROOW BRICK HOUSE. IN GEORGETOWN:
large back yard; will sell to colored; s. 600.
~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
Jewel Tea

Question-Can you give me any Informal
ton relative to the invest nlent, or, rather,
speculative, possibilities of the common
and preferred stocks Of the Jewel Tea
Company, whose shares are on the New
York Exchange II S.
Answer-The Jewel Tea Company en-
joyed fairly good profits for the years
l0l6, 1917 and 1918. For 1919 the com
pany reported deficit OF $l,274,O46 in
net income, and after preferred divi-
dends a deficit Of $l,467,61S. In the
1919 report it was stated that labor
troubles were encountered and that
some of the stocks Of goods were found
to be obsolete, these two factors oper-
ating against tho company to very
great extent. 1t is expected that by
July, 1920, the company may have
overcome this condition by operating
efficiently and economically in all de-
partments. The preferred dividend has
since been passed. The present low
prices for both issues Of stocks may
indicate that the company's troubles
have been largely discounted. If there
il anv considerable improvement shown
the stocks will possibly respond to the
change.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
State Bank Head
Assails Labor and
Administration
America Needs Leaders Who
Can Say NO. Superin-
dent Tells Conventions:
Sisson Named to Office

An attack on the Administration and
the labor unions was contained in the
speech of Eugene Lamb Richards,
formerly Superintendent of Banks of
New York State, at Asbury Park, n. j.,
yesterday. He spoke at the twenty
seventh annual convention of the New
York State Bankers Association in the
New Monterey Hotel.
George w. Hodges of New York
was elected president Of the savings
BANK section. Francis H. Sisson, OF
the Guaranty Trust Company, of New
York, was elected president of the
trust company section.
Former Justice Randall ]. Lebleuf
OF the New York Supreme Court, spoke
on the National Bank and Trust Com
pany, a Misnomer." In his speech he
protested against the national and
state banks having the same tiduciary
powers az trust companies.
Mr. Richards pointed out that, as
a result of SIX years of high tension,
America as a business country was
very sick. and what She needed was
not wise physicians to prescribe and
treat, nor surgeons to operate, but
good nurses.
The simple remedy we need is for
every one from highest to lowest to
stand on his feet: to make others do
the same. and if they fail. not to
have the government pick them nm
he said.
Mr. Richards declared the country
was suffering from excess emotions, ex-
cess courage, excessive effort. and eX-
cesslve expenditures both public and
private and. above all, excessive gov
eminent
I'VE fought for freedom, and here
we are tied hand and foot by govern
ment license and control and by
tyrannical labor councils" he said.
I've ought to be called the Unionized
States of America. The world still
has some respect FOR courage and
character, even IL their muscles don't
bulge. 1t may have been the part Of
Drawn to make the world safe for
democracy, but at least it is UP to
courage and character to make Amer
lea safe for Americans.
"While we are asking those in high
places TO say mo- to the fads and
fancies OF labor socialism and inter
natlonalism, we must practice a great
many noes ourselves. We need not
rush to the extreme Of parsimony and
peanuts. There Is lot Of bunkum
in wearing blue denim overalls and
calico mother hubbards, but We can,
| am sure. be moderate in our ex-
able nccessaries and simple pleasures
We can be temperate in everything
but work and production, and if there
are enough Of us doing these things, our
example will soon carry from town to
town and state to state, tin the right
spirit and right principles spread from
Maine to California"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18

aaost. az 1sAc c E +. and 5000 bags
Porto Rtcos juno shipment. at 1850
Cuban sugars were not on orer
yesterday.
Refined sugar was cuiet. the only
CHANG being an announcement By Ar
bueilles that they were now prepared 20
take city and country orders for aii prlerit
ON or before July Is at 24c less per
cent other interests are expected to re-
adjust prices within y day or Two.
Coffee Futures Yesterdays coffee market
was in control or discouraged longs. ard
the price trend throughout the day was
Downward. on the cal prices were 10 20
70 points lower otwithsta ndiug the fact
that cold weather was officially reported.
IN Sac Paulo some districts being below
freezing. Tho local trade appeared not to
take much stock in Il cold snap at this
season of the year but month from now
conditions would he different az the Aug
ust towering would be cose at hand and
frost could easily do much damage 10 crop
prospects, The primary market failed 10
advance on the frost news and i is be-
heved that an advance here would meet
With free offerings IL the cost and freight
market The local market closed at net
losses fer the day Of 20 . g points.
The range Of prlceS follows.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
Prices Irregular,
But Tone Is Firm
In Curb Trading
General Asphalt Declines
After Steady Advance;
Texas Pacific Coal &
Oil Up; Invincible Off

Trading on the curb market was
without special interest yesterday, and
prices drifted aimlessly most of the
day. The tone was generally firm, al
though several active issues developed
weakness and eased off slightly. Not
able among these were General Asphalt
and Royal Dutch rights.
Offerings in General Asphalt were
unusually largo and unexplained as
the stock had been in good demand for
several days and had moved up about
10 points. The recession carried it
down nearly points from the days
high, but the last sale was off only a
point from the previous close. Royal
Dutch rights closed at the low of 33,
off 4 from the previous days last sale
and nearly whole point under the
days high.
The other industrials were generally
steady and qniet with prices ranging
close to the mark set at the previous
close. Hercules Paper was fractionally
weaker.
Petroleum issues held we'll, but the
demand was not large and advances
were slight. Texas Pacific Coal and
OIL was stronger and moved up nearly
points, holding a net gain of nearly
point. Simms was fractionally
stronger. and White Oil held steady.
Carib Syndicate acted better and
touched 20 during the day, but eased
off q later, closing with a net advance
of point.
Maracaibo Oil and Midwest Refining
we're each down point on the days
transactions, however, and Invincible
Oil failed to hold its high mark Of
Wednesday, closing off point at 49,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
Butter. Cheese and Eggs

Butter-Rcceipts were 1882 pacfages :.
Creamery. higher than extras. 10. s. = =
SIC: extras, 81 score. 57la q Sc; nrstS. ~
to 81 score. 55iA Ge5sI3c; hrsts. IS 10 S.
score, 53Q54%c. seconds. 50 70 s. score>
- a SIC. lower grades. IS e isc; unsal -
higher than extras. 61A G sc. extras. SO @
Sic; frsts IS G5sc; seconcs. 30 50 iac.
state dairy tubs. finest. sta q 81 = good
to prime. SAG SIC: common 70 fair. $50
SIC: renovated. extras 5o9sfc. hrsts, $50
seconds. II Il q 42c; lower grades. 40 q tlc;
packing stock. current make. 70. l. 42c,
No. =, 4lc; lower grades. 81 q 4oc-
Cheese Receipts 4,563 boxes, state.
whole milk. fresh flats. colored white.
ID. asa q 26c; average run. 24-s q Csc:
lower grades. 2oa2+o. twins. fresh spe-
Gals. whites or colored rs Il q 2sc; average
run. "a y q use; held. 10 quality. - q ? y:
Wisconsin. whole milk. held. twins. % %
CSC: fresh, 25@26c: single or double
Daisies, held. IS q 2sc; young Americas
fresh. 3lc~ state SKINS. fresh specials IS u
@I9c: prime 10 choice, l6SIrlac: fair 10
good, le@l6hc; lower grades. 6Sloo.
Eggs-Receipts were 24.25I cases Fresh
gathered extras, dozen. 4Sh a 49c: storage
packed. extra frsts, II q 4Sc, Hrsts. a. n
46 NC, fresh gathered. extra frsts as Is
~ nc: nrsts, AZ q SIC. seconds and poorer
20 a Ale; dirties. No. !. storage packed al
g 3sc; regular packed. s5@36iac; No. and
poorer 70 q S4isc; checks. good to choice
dry. 32@sbc: state, Pennsylvania and near.
<contausn on nsxt pasN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
Liberty Bonds Most Suitable

,rr G;huest'o n have been reader Of Tho
.!loun9 Tor the last twenty years so I
axe axe the liberty OF asking advice on a
9 go none, money matter. 1 expect to have BY
I next week $1,000 which I would like to IN
t tnnx safely ,ah and well, so please let me me
aaith In The Tribune. SO 1 will act on your
adVice.-J s. " 'ou1
Answer-There are many securities
oDtalnaole to-day at prices lower than
IN generations. Sound mortgage bonds
yielding from 5%4 per cent to over 6 u
per cent per annum and hydro electric
ponds of high grade to yield over per
cent may be purchased. However, it is
our opinion that in spite of all this
you could not do better than to buy
Liberty bonds, which yield to-day we'll
over per cent. No matter what may
happen Liberty bonds are safest. You
appear to desire high grade securities,
There IS nothing higher in grade than
Liberty issues. The second and the
fourth loan run for the largest term.
You can buy them through any bank or
New York Stock Exchange firm.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
British Buy q. S. Wheos;
Little Demand at Gulf

The British commission was credited
with huvin,r wheat drr;,~~ 80 49,
Session an NJ o+al 80 ny s.cIaa9
9coS ana lot2l SAFES were estimated
as high as 100000 bushels. The demand
early was for pr0rnu- shinn7an- iron,
Atlantic nortc IN. rtra,.a -; ~. ,
n''"44NiN Po, - puI olltls III lhese posi-
tlons We're limited and the demand was
switched to Georgian Bay, where a CON
siderable huSinoss ,vac 1or,o a. g on
20 g az N''c ~ f~''N
" 30. 49,,
Buyers seemed little diSnOSe1 10
make purchases at the cult and il
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
international Paper Preferred

Question: am considering investing a.
rev thousand dollars in some securities
having saf ety and amount Of income de-
rived particularly in mind. International
Paper Company preferred has been recon
mended to mo as a stock that would be a
good buy" but before doing anything I
would appreciate having the benefit Of
your advice IN the matter.--M. H. Z.
Answer-ln January. 1917, plan
was adopted for the readjustment of
the international Paper Company's
funded debt and settlement of accumu-
lated preferred dividends. Since that
time regular dividends of per cent
have been paid on the preferred stock.
Earnings on this issue have been the
equivalent of 22.85 per cent in 1916,
$3.50 per cent in 1917 and 1648 per
cent in 1919. We regard the preferred
stock as fair investment The net
working capital is over $2O,0OO,OOO and
profit and loss surplus is over SOL
100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
Financial Items

Krieger e Co. 20 Broad Street are pub
fishing a very interesting analysis regard =
ing tho future possibilities OF the United
Railway corporation
Tho following seats In tho Now York
transfer; John e. Kelley to George T..
Loft. consideration $4,000 Alfred H.
Leopold TO james NJ. Leopold. partner
ship transfer.
At meeting of tho board Of directors
Of the Columbia Trust Company. Robert
I. Currnn. secretary. was elected Vice
president TO succeed Langley w Wirgin
who resigned The other elections were
Charles Fl Wolf. controller. Arthur w.
Hutchlns. Hecretary. o. c. Wagstan nnd
+. {. Kelly. assistant eecrctnries. ana w.
II. Morgan ana NJ. w Terry, assist Mt
trust officers OF the company.
The Chicago stock Exchange has elect Cd
Robert L. Shmmin vice president. Edwin
Page Yico-chalrInan. Chnres r. Atkinson
chairman, secretary ard manager OF tho
Clearing House. and Frank X. Scott coun-
aeL
At tho annual neeting OF tho Stutz Mo-
tor Car Company tho directors were re-
elected
Samuel H. Dias formerly OF s. II. Dias
CO.. and Harry f. Collins. both members
of tho Consoltdntrd Stock Exchange OF
Kew York. and Bernard Higglns announce
that they have formed a copArtnernhip, TO
b9 known IA Colllns 10 Dias for tho hmm
ding Of listed stocks and bonds. with of-
hncen at Do broadway -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
New Listings on Change

,.s ss7s'al irnpo rant stock issues which
80 been traded in on the curb market
s.E;'1ay we're admitted TO list on the
49,. so Exchange by action Of the gov
We1sy Committee. They include $22.-
r. rs,'.o temporary interchangeable vot-
II ssas. certificates for common stock
-. we island Oil and Transport Cor
a,. ,.,.' 10000 shares, no par value,
s'a stock Of tho Santa Cecilia
Ia - CosDoration, sg,000,00o (par
Pc $lg) capital stock Of the Texas
,s,,.a s Coa! and Oil Company, and
.s.asISSheh. engraved interchangeable
ts.nsSes for $4,000 900 first pre-
E na, Per cent cumulative stock.
ss .st.aS) per cent preferred non
,sIs. we stuck and $4,000 no.par-
III csEafss III common STOCK Of the
a. 4, 1ass plpw WORKS Company.
.sii@ utsIngs were $l312,350 addi-
Il D.. capital etoSE lpar value 500 Of
~ ~ Ac Development Company, $780,
ass.s Me-. ;. additional common stock Of
ssiss' hpsbnck Z. CO., 100, 900 no par
r,s1,s rhnfa>n shares u tho Il. +.
mi, l,eh Company. 100000, 900 addi-
II -. Mmmon stock (Sz1 par yalue)
vi, 1alIlys- Overland Company and
No., nv additional common stock Of
sS Water Oil Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
Sales 5000 omitted). Open. High. Low. Last,
Is 'Western Elec Is. $50 9SN 98S. SS$.
German International Bonds
Offer ChicIe Stock
Bankers Selling Issues of Gum
Company at SO a Share

of the Offering of a subs tantial block
Of common stock of the American
Chicle Company at $40 share by q
syndicate consisting of Hornblower &
Weeks, White, Weld & Co. and Low,
Dixon & Co.
Proceeds from the sale of the stock
are to be used to provide additional
working capital and to pay for the new
plant that is under construction at
Long Island City.
The bankers announced in connec-
ton with the Offering that under the
present management, which took con-
troll in 1916, the gross business of the
company has increased more than $50
per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
]. NJ. NJ. Bonds Well Secured

Ouestion--May inquire what you
think about five $1,000 Internatio M Me-
camille Marine yer cent bonds We
Are they first class investments. and viii
they come to their former price? Would
YOU advise changing them or keeping
them? can III afford TO lose. Is Wheel
ing & Lake Ere Railroad common stock a
good speculation? DO you think it will
eventually go higher when railroad CUES
tons settled? Do YOU think Island Oil
and Transport is good speculative buy
at present prices? Is it true that another
we'll was bought flowing SO. 900 barrels
daily, or Is ii Nero talk. +.
Answer - international Mercantile
Marine per cent bonds are we'll Sc
cured by valuable collateral. The earn
ings CT the company are ample, not
only to pay the interest but also to Fay
6 per cent on the preferred stock. with
installments on the eccruals. All forms
of investments are much depressed, due
to the money and credit conditions.
When these return toward normal the
bond market should become much
stronger. The future Of the Wheeling
& Lake Erie, one of the roads of poorer
credit, is dependent largely upon the
outcome of the ratemaking by the In
terstate Commerce Commission. The
stock, in our opinion, is pure specula-
ton at the present time. Island on
and Transport appears to be good
producer, ts Anne rican shipments con-
tinuing large We have no official in
formation regarding the bringing in of
a 10000 barrel we'll. Stocks of this
character are so speculative in char
acter that We do not attempt to advise
regarding their purchase.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-06-18
New York Group Buys
Interest in Vienna Bank

Kuhn. Loeb &. Co. and the Guaranty
.fus' Company have purchased sub
ceNnnal block Of stock in the Austrian
ssseeianstalt, Of Vienna, the leading
Yang In the old Austrian Empire. Az
prong "a cable advices from abroad
Ie New York institutions acquired
saafe' value at 100000 crowns (the
.'o~a was yesterday quoted at 10 of
cent for cables.
NE following statement was made
Aunn, Loeb {. Co.: Kuhn, Loeb &
-. confirm that they and the Guaranty
rus. rus. Company have acquired an in
I'es' IN the Austrian Credltanstalt,
. sa'.h 10 the leading industrial and
%aMsrcial bank in the states formerly
'Nsg.aaed in the Austrian Empire"
an. .he Guaranty Trust, by virtue Of tho
~, -, gets connection for doing bust
!. IN that part Of Europe, and this,
T. understood, was its chief motive
~ participating. FOR Kuhn. Loeb e.
~. was purely an investment matter.
~ tss banking firm recently bought en-
risS.sss IA the German General Electric
;,,paay, in asgociation with copper
alNyegtg bere