r ' , i WWfvT ,', f 'i .I i . I- i I. i ' I i ' 7 : Purchasing Agents We are purchas ing agents of invest ments for our clients. Our judgment in hielecting investments ' With good return and 'absolute safetv has I ratified our position 'in every instance. IflgPOKESTOKES ft pQ lSihAWtklnutSi r- f wi n I' Ojjln Rnney "AUTOMOBILE BANKERS Offer special facilities for In ' dividual! or automobile deal 1 era to finance, the acquirement of pleasura cars; and for business houses to finance commercial cars or trucks. It you are thinking of pur chasing; a car of any kind for any purpose the FINNEY SYSTEM will make a better business transaction for you. REAL ESTATE TRUST DUILDINQ PHILADELPHIA $ c Charles J. Bender & Co. INVESTMENT BONOS (tnfeers Philadelphia Stock Exckaiae NORTH AMERICAN BLDG. Ww 3V KOA ADVKBT1SE3CENTB NOTICE 18 UKREDY GIVEN THAT un amplication will ba mada In (ha .Qo-fernor of the State of Pennsylvania on the fit 4ar of March. 1917i by Stephen H. Hslapkn. T. ATDelley and C. W. Waltman. under the act of Aaeembly of the Commonwealth of Penn yfranla. entitled "An act to provide, for the incorporation and regulation of certain corpora tions, ' approved April .. 1874. end the supple aeata thereto, for the charter of an Intended corporation, to be called "Wernwac Realty Co-." the character and object at which la to aurcnese. hold, mortsaae. Improve, lease, ex ebanae. sell, transfer and convey real estate and all Intereete or estates arising thereout, and to receive the rents, lasuee. profits. Incre ment and returns arising therefrom or from Epart thereof, and for these purposes to e and possess and enjoy all the rights, fits and privileges of the said act of As e-nably and it supplements J. HECTOR McNEAL. . Solicitor. STATE OF ANDREW C. CRAIO. DR. aased Letters teatamentarv nn ih. above estate having been granted to Till: KOVIDEMT LIHC AND TRUST COMPANY Wr r&ILADELPHIA. all persons Indebted to tA said estate are requested to make payment. ltd those having elalme to present the same. without delay, at ths office of the said Company, tVW Chestnut St.. Philadelphia, Pennsylvania. ABA 8. WIN (J. President. aW 1 ESTATE OF LOUIS KIBFER. DI. mV'r sVV ceased Letters of Administration on ' rr . taje aoove estate naving- oein granieo to the ' teadersumea. tu person inoeDteu to the said state are requested to make payment, nnri tanas having claims to oreaent the same, with. K t7 ut delay, to J7 . JUUUUtiiA It. i...ir.tt. PW Ot to her attorney. ;7 , .C. M. BOWMAN. iu . . I ea jiaio ini uius. . 4 ' PIBECTORY OF ACCOUNTANT1 Certified Pnbllo Accountant r.1 C riwR-vec t nDrm'v t. ,-,. 'lSlB REAL. ESTATE TRUST DUILDIKQ VlbOilUAlIU AMI AUJUnt lAlt int-.lt HP JOINT AND DISPUTED ACCOUNT 3 UURN8 4 SPEAKAN THE HOUUHK WILLIAM E. MONTELIU3 0.0 CHESTNUT HT. i LITTLE BUSINESS r. DONE IN COTTON Liverpool and Commission Houses Principal Buyers Re ceipts at Ports Larger Tho following temperatures were re- uuannma, :bi Jfnrt nmiui. ai COTTON BELT WKVTUER NEW YORK. Feb. 24. Precipitation was JSeewrteeT In the, aj.tjirti section of th-t rattan poll tale morning, bat It was generally clear ;fj jn ue Treetern pan. " l ..jja; "' BO UHI. V. VtSilu jMsaphls. Ml I.ltUe Hock. SHi AbUene. 40i it.&j naaataua ana Asneviue. eat nnreveport nna WtHiy.bSrMioi 4i KnoivUke and Atlanta. Hi Nan cH A-AMa-do, Maconf-Montsomerr. iiinningnam. S't i rma Uaneoca, Thomasvllle. Augnst and . ajetgh. Hi Meridian and ..Wilmington, 08. 'tj Caava ChrtetU Oalveston. Irksburr and 1 -Vf CSaHeeton. 0i New Orleans, Mobile. Ten ?, i' aaKseta. Tampa, Savannah and Jaekkon- Tbere'waa ,0t Inch of precipitation at W AMarnaiL. Atlanta Knd rharlestonl .08 Inch 'tV.T at PotMaeola, .to Inch at Macon, ,4 Ineh 4 B Mobile. .44 Inch at Montgomery, 4i Inch rV aMnnTngnam. . Ineh at New Orleans. t'iHi lilj, it H.uiih. .is Inch at Meridian 'n?a.-v and .M Inch at Vlcksborg. Vpk IEW TOIIK. Feb. 24. -Business was P . Haalt at. tho opening; of the cotton market. KSfcut tho tone was steady. May adanced Kff J points higher. Liverpool and commission houses were ''Uie principal buyers, while tho supply came gfe . from scattered sources, being led by south- Pi 1 rij Interests. ..V. After tho call the other positions worked MaW to a parity, 'with May and July molng O'Wi 4 points ana vciouer -. puuua. 8. ' The receipts of cotton at the ports for W'tba day were estimated at 10,000 bales, ' jeawipared with 7817 Bales last weeK, i,uuo u'w.i. it v.ir and 88.781 bales two years o.r Tee.-close Open Ch .te,..!2- '! ;s .:;'.::iiiv4 r ...loo? M. ,.., . -r r in'-' in Si is U7 lo.oa High 10.33 le si 15 .17 16 02 18.10 I.OW 111 l-i Id 'Jt Hi. 28 IS US ID Oil Close HI 3i IS 30 10 33 1 U2 la 10 10 43 FINANCIAL NEWS RALLIES OCCUR IN MANY STOCKS AFTER EARLY ATTACKS BY BEARS Professional Element Has Everything Its Own Way for a Time During Initial Trading Reading Going Into Strong Hands High Points in Today's Financial News Bears attacked stock in Wall street early, but brisk rallies followed in many issues. Changes at end of day xocro irregular. The same was true on the Curb. Short covering strengthened wheat after weakness. Cotton cloyed higher. Netv York bank statement shotced increases in average and actual loans, deposits and surplus. Hank clearings for week larger. Bar silver lower. NEW YORK, Feb. 24. The bear traders found numerous Inventlves on which to base vigorous ralde. nt frequent Intervals during fho first hour of business on tho Stock Exchange. The list made by Lloyd George, published In tho press this morning, prohibiting Imports into England of leather and other commodities furnished reasons for selling many stocks llko Contrnl Leather, and, at tho samo time, stories of freight congestion nnd food scarcity were taken as reasons for selling many other Issue. Kor a time this professional element seemed to have everything Its own -vrny. One of tho bear traders mndo United States Steel common sell down from 106H to 106 VI. but It wns not long beforo that stock rallied to abovo 107, recovering nil Its loss. Tho story was the samo In nearly nil tho other active Issues. Attacks wero made on stock after stock, causing lower prices in the first hour, which wero In noarly all cases followed by good rallies beforo midday. Naturally, the marine lames wero among tho heaviest of tho actlvo stocks, Marino preferred falling to 6VA nnd Atlantic, Gulf and West Indies dropping 2 points to 89H, but these stocks also showed a good rallying tendency, nnd beforo tho end of the half-day had recovered nearly all their declines. There wero special movements In Heading nnd Now Haven. Tho bear plungers made another drlvo nt Heading, forcing It down 1 point to 94V4. out accumulation wos evident, and as soon as tho bear selling ceased the stock made a good recovery. Tho Indications nro becoming more pronounced that Heading has been steadily going Into strong hands. Interest was concentrated to a great extent on tho expocted notion of tho President, and Washington was looked to with a high degree of interest by those who havo for a long time kept out of the market because of a deter mlnatlon to have no speculative commitments until after tho status of the international situation had beon definitely established. Tho bond mnrkct was steady nnd business was on n comparatively small scale. Most of tho changes wero to lower figures. New York Hallway Cs dropped fiom 42 to 41H; Lackawanna Steel Ei sold nt 96 and 95?4. and there was a moderately lower range established In Southern Hallway Issues. Anglo-French Bt wore steady, with sales at 92 and 924. PRICES ARE IRREGULAR ON THE CURB, WITH MOST ISSUES AT LOWER LEVELS NEW YORK, Feb. 24 There wero Irregular movements on the Broad Street Curb today, with the majority of stocks selling at a lower level. Moements, howecr, were irregular, and most of the trudlng, een In tho usually active issues, represented simply scalping operations by some of the traders. MIdvalo Steel ranged from 64 to 63W, w-lth late transaction-) nt B3&. Aetna Explosives sold at 4 nnd 4 Submarine Boat was traded In at 24 U. and Wright-Martin Aeroplane, nfler falling from 8 to S, recovered its loss. Tho fluctuation In Jie oil stocks wore narrow Standard Oil of New Jersey sold nt 695, 'Standard OH of N'ow York at 295 nnd J'ralrle ripe Line at 327 Tho Independent oil shares wero generally quiet, Cosdcn Oil selling nt 14 and 14', Merrltt nt 17, Federal nt BU nnd fi, Oklahoma Froduclng nt 10H and I0& and Sinclair at B68 and B6H. Most of these stocks weie Influenced In their market position by tho con gestion which has Interfered with Interstate commerce to such an extent during the last two weeks. Mining stocks .were generally lower, nlthough United Verde was In falrlv good demand, ndvanclng from 37' to 38. Magma told at 48',i to 48, and Butte Copper and Zinc was traded In nt 9. Tho new motor stock on the Curb, Redden M6tor, sold at 22 and 22H. . INDUSTRIALS Did. 4 4 7 IS 4V4 5 3ii an 08 75 1I4 12 7 V. H 110 t Iff 75 8. 20 i(t OH II) 40 30V 41 2t 27 3 4 H s a 57 Vi 50 1 Cotton Buyers and Sellers VKW YORK. Feb. 24. March R. Hub- '. tu, tti-.M and MeEnanv boueht: Nor-: M "Ti!r... VimnU rardaza. Sellar and Wle- i -ram bought: Hentx, Frederlckson, B&rtlett Smal Watklna sold. !" - . a a r- IT 1T..kk.n1 f ...... a-.. JUiy- Vfc uumoena, '1. uuuumu, uuuii, fedorn ana u&ssara oougni; juinn, U, Wilson, Frederlckson, Rosenberg and entree aold. October II. Jlubbard. R. Hubbard, and 4t boueht: OTcaericicson ana ttosen- .sold. Cotton Statistics f TOflK. Fsb. 24. TI statistical posl SMHS follow! ' Tnl week. I-astweek. Last year. rMaV .......o.uw.iuo o.zoo.wv o.vo,ie it r: .'fTrtr.fie.r.ta o,75Q,I8t s.ios.ssi 1. I . ' .. n -a. m. . . juooiMT rreau iTipien YORK. F." :. Tho year ended U las 'was by. far the most I fjw liUonr of tlM Central its wuance xar tno year SK.UI.ITz, aa com- IM, pravlou'- year,, 14 pr oant on tM a?n "f wwsr-nmtsjai ililln-ts Aetna explosives Am-Brltlsh Mfg Am Marconi American Writing Paper Can Car & Fdy . . Can Car & Fdy pref . . . . Carwen Stcol Charcoal Iron Chevrolet Motors Cramp Shipbuilding .... Curtlss Aeroplane Emerson Phonograph . . Federal Dyestuff Haskell & Barker Car.. Hendeo Mfg Kathodlon Bronze pref. Lake Torpedo Boat .... Laurel Oil & Gas Lima Locomotito new.. Marlln Arms Maxim Munitions MIdvalo feteel . . . New York Shipbuilding. Otis Elevator Peerless Motors Poole K i. M Redden Motor Scrlnns-Booth S S Kresge w 1 Santa Cecilia Santa Cecilia pref Stand Motors Ht Joseph Lead Steel Alloys Submarine Triangle Film Todd Shipyards United Sugar United Alloy Steel U S Steamship United Motors United Profit Sharing . World Film Wright-Martin Aircraft Zinc Concentrating IlAIMtOADS Rock Island common . 30 Rock Island A pref . .. 84 V Rock island B pref. . . . 6 Western Pacific w I ... 20 Western Paclflo pref.... 51 Wabash Pittuburgh ... 10 Wabash Pittsburgh pref. 48 STANDARD OH. Illinois . 233 Ohio ...,3HI Prairie Pips 3.'3 Pierce OH J!; Stand Oil of California,. 301 Stand OH of New Jersey, 600 Stand Oil of New York. 293 Tew close Asked (ale) 4Vfc 4-. 129.. 11(1 OVi 87 2V4 54 30 02 1 7 05 32Vil 3 1.1 28 7 10V4 8V4 21V4 '4 Si 35Vi 43V4 514 41 'A Tf. o 3M, 37 80 71 21 64 22 52 STOCKS 338 300 330 13V4 303 007 206 83 37 37 14 80 it 20 12V4 20 65 18Vi 8Vi 23 y t 75 35 Yt 43 5 414 8 3 58 83 -Hi 64 W, 3KVa 22Vi 12V4 ion 24 3 S3Vi 44 5V4 41 "v 8s 38"4 85 o y, 20 , 328 imii:pi:mii.nt oh. stocks Illd Am Ventura. 33 Harnett Oil & Gns 2"H Cosdcn OH & Gas 144 Cosden & Co 14. Federal Oil 5Vt Inter Petroleum liyt Houiton Oil 18V4 Merrltt Oil .... 17 Oklahoma Prod c II ... 10U Osago Hominy .. .. 8Vi Roal Dutch 60 Kequoj.ih IiM Sapulpa Ref 0 Sinclair BV4 West End O & G 30 MINING STOCKS Alaska Standard .... y Atlanta . i.tvi Big Ledge ... . 4 Blsbeo Copper (a prosp) m, Butte Copper S. Zlne... . 8 Hutto NY 3 Calumet & Jerome . .. fij, Consolidated Arizona .. 3 Dundee Ariz 1 Emma Consol l , First National 3 I'lorence Goldfleld 3o Globe Dominion V4 Goldfleld Cons 60 Goldfleld Merger 6 Green Monster 1 V4 Ilecla Mining i Howe Sound n 5, Independence Lead 1.1 Jim Butler 81 Jumbo Extension 36 Kerr Lake 414 Kovvanas m McKlnley-Darragh at Mother Lodo 38 Magma Copper 474 Mines Co of America .. 174 Nevada Wonder 1 Nlplsslng h Ray Hercules 4 San Toy 14 Seneca Copper 134 Tonopah Extension ... 414 West End Con . 63 White Oak . . . . 4 V4 1 BONDS Beth Steel 5s 2-yr notes 08 Yes rinse Aske.l (Hale) 311 30 3 ;j. 14 11 15U 13 BU 5 12 Ml l-'.i 30 17 1754 10 is, lot', 8 8. ei no Hi Mi 66i 56"4 21 31 I ." t. 14 Yt 14 V4 4" 4Ta Hi . ! Oli 3V 2'f. I', l)i SM, 2'i 3V(, i Hi H 3H 25 63 8 W, 8,'. 6 in 83 20 ,3 19 65 40 40 2 Id 2'A 8Ji 414 13 HVi 4 70 Hi 18'. 64 1,8 48 , 8JA 4'i 13 V 4rV New York Stock Sales 1 "11 1 in 1 a 1 1 ..I low. 7 82 40', 87 U 42 Net Close chae. 7 82 H 4Btt H 88 43 aj Cudahy 5s Cerro da Pasco Os Cosden OH 6s . Cosden & Co old 6s French Munlo 6s , MIdvalo Steel 5s .. Russian 6 '.4 3 ,, , Russian 5s 83 Sinclair Oil 6s no Todd Shlpvard 6s .. ,, Western Pacific new 6s, U S Rubber new 5b, . , 08'. 09 OBV 116 118 102 103 107 106 107 . H4 04 05 06 04 05 85 110 08 01 08 04 83 00 101 80 00 84 04 80 04 DIVIDENDS DECLARED Atlantlo Coast I.lne Company, usual quarter ly dlvldsnd of II. DO a share, parable March 10. Ulobe Soap Company, rerular quarterly of lVs per cent on the common snd ths first, second and special preferred stocks, all parable March 13 (Ireat Northern Taper Company, usual quar terly of IH Per cent, payable March 1 to holders t record February 34 Columbu Gu and Pucl Company, usual quar terly of 1 per cent on the common and IK per cent on the preferred The common Is payable March 1 to holder of record February 16 and the preferred on April 1 to holder of record March 15. , , New York Transit Company, regular quarter ly of 4 per cent, parable April 14 to stock of record March 24. ,,.. , American Power and Lleht Company, rerular quarterly of 1 per cent on Its common stock, payable March 1 to stock of record Fsbruary 24. Pennsylvania Water, and I'owsr Company, reaular quarterly of IK per cent on the capital stock, payable April 3 to holders of record March 10. , Wisconsin Central, regular aemlannual on preferred of 2 per cent, .parable April 3 to stock of record March, p. Dstrolt Hteel Product Company, 10 per cent on the common stock. Colorado I'owsr Company, rerular quarterly et 14 per cent on the preferred and 11 of 1 par cant on the common stock, parable April 16 to holder of record March 81. Plymouth Rubber Company, regular quarterly of 11.75 onl tb preferred stock, payable March 1 to atock of record Fsbtuary 2a. Steamship Company Reaps Harvest NEW TORK, Feb. 24. A rich harvest was reaped by the Atlantic, Gulf and West X-tsUa Steamship Lines in 1916. ' The total for 'ttia. year enaeu uecemo-r, si, H, an laoreaa oi,,13,I4Z,P34 Hlch. Alaska Juneau ., 1(, Allls-Chal Co pref 82 vi Am Bk Note pref 40 Am Beet Sugar... 88 Am Can , 43 do pref l&7t mini 107 14 Am Cr Fdy Co. 03 63 63 do pref tin no 116 Am Express o 130 120 Am Hide & Lthr. . 11 11 11 do pref 61 61 01 Am Linseed 18 18 18 Am Loco 6034 60 60 do pref lo 108 103 -1 Am Malt t o pref. 51 51 61 Am Smelting .... 07 07 07 Am Snuff 136 133 183 Am Steel Fdry.... 01 61 61 Am Sugar 112 112 112 Am Tel & Tel 183 124 124 Am Tobacco 208 208 208 Am writ Pap pr,. 44 44 Am Zinc & Lead... 86 36 do pref. 67 67 67 Anaconda 18 77 78 Atchison 102 101 102 do pref 100 100 100 Atl Blrm & All.. 15 IS 15 Atl Gulf & W I.. 01 Bait & Ohio . . 70 Beth Steel B w 1.114 do rights ... . 15 Burns Bros . . Bruncwlck Cat Petroleum 23 Canadlin Pacific .134 Cent Leath . 85 Cerro do Pasco , 38 Chcs A Ohio . 89 Chi M & St P 80 C R I & P ctfs dp 28 Chill Copper ... 22 Chlno Con Cop. . 84 Col Fuel & Iron.. 40 Col Gas & l";ioc... 40 ConO H L&P B.135 NEW YORK COFFEE MARKET NEW YORK, Feb. 24. The market for coffeo futures opened 1 to 6 points lower today. Trading on the call was moderately active, with some of the offerings coming from Wall street sources. Sales amounted to about 7000 bags. The fact that Qreat Britain has nro- hlblted the Importation of coffee caused further sharp breaks In futures after the opening today, and soon after 11 o'clock prices showed declines of about 15 points, with trading active. Tho Santos futures market showed sharp declines, and coat and freights from Brazil, though fairly steady at the close yester day, were expected to show an easier ten dency, due to lower freight rates and ample tonnage. Tho local Bpot market was dull and quotations were unchanged, Rio No. 7 being quoted at 9 He. -1 V4 ' 44 -1 36 1 80 01 - 70 78 .. . 114 HI 14 15 Vi .118 118 118 0 0 0 23 23 158 164 83 85 88 60 80 27 22 64 46 80 123 38 60 80 28 22 - B4 40 30 123 1 Consol I Cal Mln.. 10 10 10 Cont Can pref. ...111 111 111 Corn Products .. 21 Sl 214 Corn Prod pref... 102 102 102 Crucible Steel .. 64 61 64 Cuba Am Sugar 100 160 160 0 Cuba Cane Sugar 40 38 88 1 88 88 88 233 232 232 1 SI 31 31 10 10 10 23 22 23 V4 20 26 26 30 30 30 Hi 82 32 32 !", 163 do pref D L & W Den & R O pref Dome Minos Distil Securities Erlo do 1st pref Gnst Will Gen Lleclrlo Co. Gen Motors , . do pref , Goodrich II F . . do pref Gt North Ore subs Greene Can Cop Gulf State Steel . Int Agricul do pref Incplra Copper . Inter Con Corp pf Int Mer Marine . do pref Intemat Paper do pref . . . Int Nickel . Jewell Tea pref. Kelly Springfield Kennecott Copper 161 161 2 114 111 114 88 88 88 56 86 60 108 108 108 32 32 32 40. 108 13 38 86 65 23 67 36 06 41 108 51 44 1 40 108 15 38 60 05 23 8 3716 06 41 108 65 44 40 108 13 38 80 1 T4 63 1 23 68 36 tin .... 41 V 108 . .. 63 4 44 Kings C I! L& Co 117 117 117 Lack Steel Lehigh Valley Long Island Loose-Wiles B Louis & Nash Mackay Cos . Mathlcson Alkali Max Motor . Mcx Patrol Miami Con Copper Mo Kan & Tex. . Mo Pacific w I . . Mo Pac pr vv 1. . . . Mont Power . . Nat Knam & Stpd. Nov Con Cop Now York Cent . . N Y Chi & St L . N Y N II S. H . . Norf & West . . . Northern Pacific. Ontario Silver ... Penna R R Pitts Coal ctfs.. Pressed StI Car.. Pullman Pal Ca.r 161 Ray Con Copper. . 27 Reading . Rep Ir & Steel, Shattuek Ariz Southern Pacific Southern R R. . . do pref ... Mudebaker , . Stutz Motors 8 ,. 73 30 Co 23 . 137 . 88 68 83 88 38 7 30 64 100 33 34 05 31 46 Tenn Cop & Ch w I 14TS. 78 73 30 22 127 88 68 64 87 38 7 20 54 100 33 24 03 31 41 120 120 120 104 104 10H 6 0 84 64 45 75 161 26 04 70 27 08 28 60 100 41 14 16 78 73 39 .... 23 1 127 .... 88 .... 68 63 88 38 7 30 nt 100 31 34 03 31 45 ' 46 77 05 77 27 04 38 62 101 47 6 64 16 77 161 27 t- 01 77 37 03i(, 28 .. 00 100 45 14 13 1 4- 1 Texas & Pacific. .15 Texas Company .-224 223 233 Tobacco Products 82 Hi 52 Union Pacific 137 136 117 United Clg Strs . I'nlted Drug . . . Fnlted Fruit . United Ry Inv pf I'ndl Alcohol . U S Realty & Imp 13 IT S Sm & llct.. 57 U S Steel . .. .107 do pref . .. 118 118 Utah Copper .110 109 Va Iron C & C... 86 85 Wabash 12 13 do pref A . . 48 4814 do pref B ... . 25 25 West Marjd pref 40 40 Wert Union Tel . 04 03 WestKhouse Mfg . 49 40 2 1 2 on 79 130 10 130 08 08 70 70 139 139 10 10 128 130 13 IS 67 57 106 107 - - 18 110 66 12 48 23 40 04 40 1 4- 1 Weymn-Btn Co pr.116 115 115 Woolworth 141 141 141 White Motors ... 40 40 40 Vllla Overland .. 33 33 33 Y Totnl sales. 140,000 shares, compnreil with 369.000 charr-i laat SatnrdaTI this eek, 2.J04, 300 shares! last week. 1,581,100 shares. Financial Briefs Sales in Philadelphia Net lllfh, Low, Close, chce, 6 Am Gas, .,180 120 120 248 Ins Co N A 27 27 21 1000 Lk Sup C. 20 20 20 26 Loh Vol... 74 18 14 6 Norf & W.130 180 180 116 Penna R R 84 64 84 43 Phi In. Co.. 30 80 80 10 do cum pf 41 41 41 10 Phlla i:ieo 83 S3 88 530 PUT tr Cfs 29 20 29 Y 12 Phlla Trao 81 81 81 180 Ton Bel ..4 4fV 4 -f A 6 UnTrac ..48 48 43 03 U O I ... 80 80 80 1040 U S Steel. 107 106 107 1IOND9 Net High. Low, Closs. elite. '81000 Am Gas & Eleo 5s.. 00 00 00 1000 City 4s reg 1944 . .102 102 102 400 Elec & Peo Tr 4s... 86 84 86 1000 Key Tel 1st 6s... 08 08 08 1000 Leh Nsv cns4Hs 102 102 102 '..... 1000 LcuVnlcns 4 Ks 2003. 100 100 100 2000 Pa Co gen cons 4 4s 105 105 105 7000 I'll Eleo 4 s temp 5s 102 102 102 8000 York Rwy 1st 63 08 08 08 Total Rfile- .hnres last KiitMrdjri last week. 38,000. 8st t sliart-, compare! with 8033 mis urrK, H3,3nu enorrel Local Bid and Asked Iirlll JO ... . Hurt A Sung t o . do pref t c ... . Tlalilnln , . nieo Florae-. ... . Uan Aep , tin pref , Key Tel Lako Hup Corp . I.ehlK-h Snv Lehigh Vnlley .. l.elilHi Valley Ir do pref . PennsyUnnla .... Phil lllec . . Phlla Co do 3 11 0 prtf . . do 0 p p pref . Thlla It T t 0 Hrudtnir Ton Ilel Ion Mln Union Trao tr i If H Stol .... York Ilwv . .. do pref , , Wm Crump t c Today's Illd Asked. 20 23 20 ftl 63 63 68 53 63 8Jli B24 r.3'4 63 (IT. ( 3 25 27 25 l& fifl'4 (I5"i , 1214 13 15'4 20i 204 20 S3 Rt'4 M 78 74 7H 23'4 26 i 4.U, 4IIU, M-, 644 64T4 64S -S HJ! !l-'"4 as an as'4 an an an 4(1 41 '4 4)V4 i'll'i 2IIV4 21 Vt P4'4 P3V4 4ti . 4'4 4S 6 7-10 0 0.16 7- 43 484 43 t aa rr. 107 l(17'i 1(17', IS 14 IS 36J 87 Hil't 78 70 7S'i Teste rdaj's Illd, Asked 20 63 55 -.2". 64 27 67 18 10 Ht 74'1 26fr A IIS 84 Tt MS .Tit an 41 2014 933, 44 16 0V4 434 SOU 107V4 14 87 oO Totnl sales. 822.400. comnore-l with 877. 10O, 'l J itiiriloj 1 tnli week. M5,500i lt week. New York Bond Sales iMOD Alask CM cv f. Ser A tf. riioii Amer Cut (HI 'is iki r, t'.ni) Anglo-French 8s . tU4 lfiiinil Am Foreign See 6s II3JJ 8000 Amer Tel clt 4a 91 ? 2HHIII do 5s lul'4 noun Amer Writ Pap 6s Kn -'("in Ann Arbor 4s ni 61)00 Armour Co 4V, s . 93S ltiimii Atrnlson (en 4a wK Mill do adj 4s . HI', 611(1(1 Atlnn Co I.lne clt 4s MlJ 6000 Unit ft Ohio 3',s lilt, 2IIIIHII iln .'., . inn r.onfl iiao p i.navvv 4s s.7Mi '.IllHl llelh hteel rrd Cs 1110 Minn Hrook!! It T 5s 1!8. II!)', 6(1011 fnn Govt s 1921 971 Iiiihi ilo HI2I1 , ., 1)71J (.(ion ( c c gpn 4s ir.. 1000 Cent Pne 1st 4 no., limiiil mill Copper i 1J7- 2(1(111 Hi.. & Ohli 4'lis . MS'A 113011 !o com f.s 1121 3 1 Chi tt Alton 3'in -Ill's 2(1011 Chi (It Went 4s . 71 2.KHIII Chi Un Sta 44 h imits 101)0 Chi 71 & Q joint 4s tinv lfion Chi .Mil st P rfd 44 s nil', 40(in chl it I ft l' rfd 4 1 III III 110 (IS . 20(1(1 Col ft Kouth 1st 4 liillil do 44 s . Kino CUy of Paris Cs 160(10 Con (las conv (Ih 80(H) Cuban Am Hu?ar (Is. iiiihi iptroit unite, I's 270011 Dls Hecur Crop 6s mills Krle conv 4s Her A lono i:rle IM col 4s 3OII0O 111 Hteel del) 14 s 17(11111 Interl) It T ref As 1.100(1 Inter Mer M-r Cs inoo tnternl Paper ill limn Japan new (1 s 44 1 Kiiiii Kant & Mich 2d 4s 1 MHlll L.-u-Uu Hteel 5s IU',0 60110 I.k Ml deb 4s 1H2S 0OD0 I.ouls ft Knell 4s Iiiihi Mich cent 34 . limn Minn ft Ht I. f.s MUlll Monlinn Power 6s '""" "' V ( I 1 II, i 1000 N T C ft It con 4s n i ii . ( i. urn I' ll mm do i,i riiiin N Clt 4s lo'.s Iiiihi do nio 21100 do 4' s lDlill loon do 10)1! 10(11) V V N 11 ft It lis 270011 N X liny HrtJ 5s 1,-1100 N Y Tel (ten 44 s 1(10(1 Nor ft Wet dlv 4s . Iiiioii or Pac prior 4s anon do (ten .In . .noil Ore . VV It ft N 4s 101)00 Pacirc Tel 5s . IJihiii Penni pen tt 44. , nooii Hep Ir ft H 6 anon Ht I. ft V In 5s iniiion do 4s rer A S.Mlllil do 6s scr II , . 16(100 St i, Hwn 1st 4s.. . 30(1 Kouth Hell 6sj . . loon Houth Pac 4s , . MHin no cv 4s , , .. .Iillio do rfd 4a . . . UIOI) do cv 6s liuinii South Rwv Ken 4s. 2000 do con 6s , . . 2IIIK1 Third Ave ndj 5s 70011 Toklo 5s Kllin Tol Pvo ft VV 34 .. 6000 Utah I.t ft Pow 6s. r.oon it s nubber 6 44000 U H Hteel H F 6s... 601) do re 5s . , . , ltnnn ITnlon Par 1st 4s. 2700 tin nwys H y 4s. 7011(1 U K of O 11 ft I 5s., 2170011 do 6U.H 1018 . ' 17I00O do 54a lull) new... UK's ir.iinn no ov, mm .. ,. un 2S00O do 6-i s 19.11 . . ..83 Knoo Vh Car Chm 1st 6s.,.l(io 200(1 Wilson Co 102 2000 West Chester 5s . . in I KHHI West Shore 4s . ... BO 35U (.7- Ml 77 Oil', S3"! Kit lonI 71 1014 70 75'4 si t)3 10-". 11)34 'St 0H1 Xl 0(1 4'4 100 10 104 00 Total sales. 81.40t.OO0. compared with M,. ,I33,O00i 73 1)11 II 2 HI !T l.'O till '4 H4 611 IIJ no 03 1174 91 1004 s 7n' t . IHI4 ml . 034 DP N- . Ill) 100 . H3 R-'i HJV. liisH urn's toov, mi'. 113 inj 4." I)H', nj . o 'Ill's . ' ino; Hij. 'SSlt (17 1? . Ml 77 . nil's . 8(1 . 01 " . 71 J .1014 . 70 . 75'i . SI . 03 .tflj .1(134 .1031. . 07 1)7 'I lts-4 flCtf Iow 73 1)11 D2V4 ti-.. in 101 hot. 60 in;, in. Hit, 83'4 III", DOV, HI 4 H'l-; 1174 07'. n;. on), IJ74 hs-, HI 41)4 71 liid "-! 1164 744 IHI'i IIJ St i)J' 12H inl'i ST. nil n.' mi 1 H7 D04 1004 711' 064 tut D5H nt HJ-. Ill) III', S3 8JJ, HJJ, KIS4 1IIIIV Close. 7.3 mi IIJ4 'It in '5 1014 r,9 imH n 3". 834 lis , 100 H,' OS", U04 1)74 127". HP 404 lno'4 74, n4 ii.' S4 113' 120 I'll' HI 60 IIJ IK) 1)3 074 0OV4 HillV, 7I)'4 064 tm 064 01 SJ-, 90 u'4 S3 SJ HJ4 los' KIII'm inoS mo", llll'i l(lli 113 115 Id.' 111.' 41, 4J H4 l)T, n 03'4 93 llil'S l.il R3i S.3I 1 DOj, lnoH iimiv mo. iiui ioH 6JU I17i ?-.4 99', S3I Sil 1)1 , 100, 71 mi', -n 734 HI it 1 5, inj; loW 103lJ 97 41 07 OS IIK, t)3, 94'4 100 102 14 90 633,000 last Knturriari this neek Inst neek, -uz.otu.-iuu. 815,1 February March , , Aorll ... May .,, June ... July Today opening Today CIO; T.B5 ,, 7.7507.88 7.634 ..-7 nt 7.711 ,. l.ViVl.VH 7,79 ,. .... 7,85 .. 8 0508.06 7 92 Ausust ....... . 7,99 Biptsmber ,.- 8.2188.24 8.07 October November December . , January ,,. Hid. 8.111 ... 8.160 8,25e8.80 8 181 ..,, 8.2J 1 Teaterday-a a class 7.67 T.71WT.79 7.67 7.777.7 T,7 7. B0 7.80 7.98 7.87 02 7.94 8 09e8.1l 8.01 8.1608.17 8 08 8 23es8.34 8.13 8.2608.28 8,16 8.39M8.81 8.20 8 88 8 85 B.24 8.3798 3 J7.8S J8!04 Park Market la Quiet Gross earnings of Iwenty-seven railroads for the second week of reuruary were 111, 911,735, on Increase of 1608,359. Commercial failures In tho laBt week In the United States were 267, against 276 In the previous week, and 407 In the cor responding week- last year. Failures In Canada numbered 30, against 26 last week and 39 last year. The Bank of England reports the amount of currency notes outstanding as 130,915, 901. against 132,090,198 In the previous week. The amount of gold held for the re demption of Buch notes remains at 28, 600,000. The Liverpool Cotton Exchange was not In session today, At annual stockholders' meeting of Julius Kayser ft Co. Charles M, Homlon was elected a director to succeed II. A. Taylor, resigned. All other retiring 'officers and directors were re-elected. The New York Bubtreasury lost 17,785,. 000 to the banks yesterday. Gross earnings of the Bell Telephone Company of Canada for the year ended December 31 were 110, 375,318,' an increase of 8740.645 over the previous year. The net Increased 8247,257 to 12,460,242. Net earnings of the Commonwealth Power, Railway and Light Company and Its constituent companies for January to taled 1779.201, an Increase of 3,48 per cent over January, 1916. LIVE STOCK QUOTATIONS CHICAGO, Feb. 24 HOdS Itecetpta, 18.000 Market 6c hlsher. Mlisd and butcher', 112 80 oii rood heavy, tl2 8Q(M3i rouih heavy. 813 60012.801 lla-bl. JU.10912.86i put. 19.H 011 60j bulk. 112.70912 00. CATTI.B Receipt, 600. Market teadr. Heeve. 17.75912.45) cow. and bslfsr. 14.75 10.501 stocker and feeder. JK8399.40 Tex ans,8 60910.401 calve. 111912.25. sirKBP llecetpts, 4000. Market steady. Native and weatern, 87912.10; lamb, til. 509 14,73. BAR SILVER y , Last 11917 Today, Tea. feat, riifh. (,w, Local Reserve Bank Statement The statement of the Federal Reserve Bank of Philadelphia for the week ended yesterday compares as follows with the previous week: rtnsouncES Oold coin snd cer- ttncales In vault.124, 069,503.80 128 303,510 00 Oold aettlement . fund 10,835,000 00 8,944,000 00 Gold redemption fund 100.000 00 100.000 00 Total cold re aerve 183.024,302 50 182,849,610 00 Legal tender notes, sliver, etc 233,423.80 167,612 05 Total reserve... 185,257,926 80 183,607,122.05 mils discounted members 11,304,337.85 1603,839 52 Dills bought In open market 14,130,187.88 15,186.180 85 on -Tit-1 Kill "- . " a. ,, ,o e. - nana . ..tiu,so,,a.o ..oav,viu 17 U'notea' .'.."..". 1,999,000 00 J,00,00n 00 Municipal warrant 1,431,118 44 1,431,118.44 T0,.,t1."f?!':f. "'118.864.643 62 119.290.088.61 Du from other '.'fts-net1"".. 1,904.726 8.3 5.781.029 28 Uncollected Items.. 17,183 008 96 21.273,222.47 All other resources. 280,004,11 498.623 27 Total resource.. 173,630,809.84 179,801,080 68 LIABILITIES Capital paid In.... 15.238,850 00 TRADING CONTINUES VERY LIGHT -VT TITTTT A T-Vtnf TjTJT A Gmni!T' TTVriTX ATk.Ti-.-r, rl JX jrxxiUrt.LJJUirxAxxx wivuiv x-.v-jtiMiN vjili 'M ar Majority of Local Issues Coming During Short Session Show Advances Lake Superior Corporation an ' Exception, Declining a Little Trading on the Philadelphia Stock ex change did not show any material change In the short session today over previous days of the week. Very few stocks came out on the tape in the two hours, and those which were traded In made only fractional changes. From the action of the market It wau Inferred that traders, both In com mission houses and on the floor of the Stock Exchange, have ndopted the same policy as Is being pursued In Wall street, which Is a waiting one. The rank and file does not care to carry any commitments overnight, In view of possible developments In our foreign relations, and the result Is that transactions have dropped off to very small proportions. . 1 An encouraging development today was the betterment of prices of distinctly local Issues. Whllo the change, as explained nbove, wero not large, yet many of them were on the upward side. The Improve ment of the local stocks was not general, however, but the fact that some of them broke away from the downward move made the Street feol better. Lake Superior Cor poration stock was an exception. This iBtue was a fraction lower all through the session, and It was also tho most active. This stock Is more or less under the In fluence of the movements of slocks, tin-, tlcularly the wnr-order variety, on the New York Stock Exchange, because of the natur of Its business, " A stnnll gain was registered by Thlla delphla Rapid Transit trust certificates" but the turnover was only a little more than BOO shares at the end of the first hour. The Street doesnot expect this Issue, nor anr other, In fact, to do very much until there Is some definite development. Of course the development which would help Transit would be somo agreement on the new tran. sit plans, but as yet the street Is not sur what will be done. Nothing more has beon heard of the plan for raising new capital for the United Ga Improvement Company, and In the absence of any confirmation of the rumor of a ten per cent stock allotment, which reached the Street about n week ago, nothing much can be expected of the Etock. In the short session tdday It got up a little. Lehigh Valley transit Issues did not corns out on the tape during tho two hours Ne. gotlatlons for a merger of utility proper, ties, taking In the Lehigh Valley Transit and other up-State 'properties, are under stood to be progressing, but nothing definite has been agreed ort. STEEL OPERATIONS ARE CUT DOWN Officials Receive Reports of Slight Improvement in Railroad Situation NEW TORK, Febt 24. Officials of many eleel companies are considerably encour aged as a result of some private reports of a slight Improvement In the railroad situa tion at various operating centers. While this change for the better Is by no means decided, it Is pointed out that conditions have been so bad recently that any Im provement, no matter how small, Is wel comed That operations of steel companies re cently had been affected to a greater extent than was generally realized Is tho opinion expressed by a representative of one of the large companies. Not only did tne railroad embargo and shortage of cars for shipments cause mucii Inconvenience but the difficulty of getting fuel, duo to the clogged-up con dition of tho railroads, also was a factor of some consequence. There had been shut-downs In many sec tions and several of the companies took ad vantage of this by making repairs which had become necessary as a result of the capacity operations which had been carried on for so long. In somo steel centers fur naces were put out. fi3 the accumulations were becoming burdensome, and the furn aces were rellned and repaired so as to be retaly to do their best when tho oppor tunity arose. Another factor In which Improvement has hecn shown recently has been the weather. The severe cold prevented high-rate opera tions In various places, and oven It the railroads could have handled all the possi ble production of the mills, tho wintry con ditions would not havo permitted capacity w ork. CLEARINGS INCREASE AGAIN Total for This Week Exceeds Same Week of 191C by 1-1.3 Per Cent Bank clearings throughout the country contlnuo large. For the week ended today the total was 14,496,964,790, against 84,947, 149,070 last week and 83,034,008,917 for tho corresponding week of 'last year. Details follow: 1917. 1016 p. c New Tork Chicago .. Philadelphia, ltoston . Kansas City Ht. Louts 8. Francisco Pittsburgh Detroit llaltlmore X. Orleans , Kleven cities 6 da)s . Olher cities 6 days. . Tots I all cities. 6 das All cities 1 day . -, Total all cities lor week ... 12.048,(126 733 11,056 341,073 820.049,748 211,1)01) 3 141,869 783 112,5117,7110 93 240,72.' 63 H24 3411 68,304,012 ,IH 8X11,671 27,107,t3J 19.161,210 2nd 1)18,871) 4-211 3 1IIJ 1111,11117 -f-311 l 1311 Hill). 1 mi 110 936 1166 113 824 247 X H 61 II 411 1 U 3 4-0 3 Jll 11" HH24- 89 4 :it.171,8Sll 18 0 22,304.2411 18 0 42.1D4 617 hi a:n,i7N 4 6 COVERING BY SHORTS MAKES WHEAT STRONG Losses at Start Are Soon Over come and Yesterday's Best Prices Are Passed CHICAGO. Fob. 21. Shorts In wheat covered this morning and after further losses had been sustained In the early trading tho market rallied nhovo yester day's close. The selling movement at the start was duo to nervousness over the Inter national situation, traffic conditions on the railroads, lack of ocean tonnago and the attacks on high prices for food supplies May, after starting at $1 76 to 11.76H, rallied Mo above yesterday's close to 81.7G?4c: July, after opening nt $1.4a$, to U.49'i, moved up a,c above the final quo tation of jestcrday to 11.50: September after starting c lower at $1.38. rose to 11.38H. Private cables said that the grain trade had been Improved by Premier Lloyd George's address and tho opinion was ex pressed that the number of ships would fcoon bo Increaicd. It was believed that the world's shipments for the week would be light. The market at Liverpool was dull but firm, The weather In Europo generally, was bad, and there was apprehension as to the outlook for the crop. The receipts at Minneapolis nnd Duluth today were 250 cars, compared with 591 cars a jcar ago: nt Wlnnlpcp 266 earn, con trasted with 650 cars; at Chicago 101 cars, against 2bC cars. In the Initial trading corn and oata were easier Tho receipts of corn hero today were 350 cars nnd of outs 24C cars. Corn at Liverpool was firm. Oats there were dull, hut consumption abroad Is liberal. i-eaciins luiurrs ranged as tolluus Horn. Hlch May . 1 70 1.7Ni Julv , 1.49 1.31's Sept 1 8 1 41) Corn (nu- Hnllwr. 1 May.. loots l.nlt July (I0V4 lints May . .W4 Julj M'j I.ard May.. 17 40 July . 17.43 Wtii May.. 16 22 Julv . Ill 27 Pork May.. 30 33 July . "ft Tr. Illd tAsked l'oo'i 57'. 63 17 72 17.72 16 47 111 6 J 80 80 S0.1U Low. Cloe 1 734 1 78 1 4U'i 1514 1.3S 1.40 1 00, tt IH'i 99. 11.no, r.r.'i 34i 57 54 Yes Close, 1.70-, I 4!)4 188H 1004 99i MU 3IH 17 82 I7B7 17 37 17 37 17 70 117.4J 16 42 102J 11147 16 27 30 43 80 .0 f,ll)30 20.75 J0 1)3 29.73 16 10 111 20 13.102,960,913 12,821,408 021 10 0 490,062 418 401 070,3368 3-22.2 13,502.723. 83l 13,222,486.480 11.5 904 241.468 711.622,428 27 1 14 400 064.799 J3 934,008 917 14.3 MONEY-LENDING KATES PHILADELPHIA Call. 32 per cent. Time, 44'4 per cent. Commercial, three to six months, 44er cent. LONDON Money 4-; per cent, un changed ; discount rate for both short and three months' bills, 5i85A per cent, un BANK CLEARINGS Dank clearlnta today compared with corre sponding day last two years: 1917 1916 1916 Iloston 136 608,860 132.729 068 126 409 821 rhlla 64,880.666 38.697,168 26.692.86t New Tork... 520,288,077 428.7J3.763 817,074,233 FOREIGN EXCHANGE NEW YORK, Feb. 24 Although the for eign exchange market was very largely nominal, today, a somewtiat firmer tono de veloped In francs, lire And rubles. After being quoted at 7.42 for cables and 7.43 for checks lire recovered to 7.40U for co bles and 7.41 for checks. Sterling and neutral exchanges were steady. Quotations follow: Demand sterling 4.75, cables 4.76 7-16, sixty-day bills 4.72 ',, ninety-day bills 4.70U. Franc cables 5.84 VS, checks C.85',4. Relchmark cables C8U, checks 68". Vienna cables 11,12, checks 11,08. Lire cables 7.40W. checks 7.41. Swiss cables 5,00 ',4, checks 5.02. Guilder cables 40 016, checks 4 0 H - Ruble cables 28.45, checks 28.35, Pesetas 21,28, checks 21.20. Stockholm cables 29,60, checks 29.48. Christiana cables 28.10, checks 28. Copenhagen cables 27.55, checks 27.45, No gold was received from Canada today. NeSv YORK BANK STATEMENT General Increases Shown for Five-Day Business Week NEW YORK. Feb. 24. The statement of condition of the members of tho New York Clearing House Association for the last week, being five business davs, shows gen eral Increase over the previous week Loans In the average statement Increased 129, 99G,000, while there was nn expansion of 141,978,000 In net demand deposits. The surplus gained 113,001,650 Actual loan. wero 115,005,000 greater, tho net demand deposits 110.503,000 larger and tho sur plus rose 11,737,720 Details follow. AVKUAdE Inrrea.e Loans . . 13,474,228,000 J26 906 000 Net demand deposits 3.331,444,000 41,978,0011 Net time deposits 167 631.01-11 2,449 (MM circulation . 2K.(l77.nnn 24,noo Ueservo In own vaults 531.167,000 13,081,000 Iteservo In Federal lie. hanks ojher servo Reserve tarles Atsreaate reserve Iteservo required surplus deposl- 194,998,000 3 023 000 56,414,000 782 .370 000 612,767,201) 169,811.710 303,000 211 505.000 7,600,836 13,601,630 Of which 1470.796.000 Is specie. ACTUAL Increase. Loans 3,483 667.000 116,003.006 Net demand deposits. 3,632,1(10.00(1 10 601,000 Net time deposits ... 101,794,000 5.803,000 Circulation 2R.773,ono oo.ooo Reserve, own vaults 631,401,000 5,501,000 Heserve in Federal Re serve bank 103.035,000 12,002.000 Reserve other deposl . ,.,. tarlr R6.10n,000 391,000 Aasreeate reserve . , 780,620 000 3.980.000 Reserve required .. . 613.178 060 2,242 2n aurolus 167,452 940 1,737,720 Of which 1475,182,000 Is specie. tOecrease. OUTSIDE MANIC STATEMENT Increase 1218,400 6 012,700 3 947.201) .".820.700 2,800,300 State banks Loans Investments.,. 1398,991,600 (lold til. 201, 6011 Currency bank notes, 23,432,100 Deposits 540:463,100 lies, on deposits 134.638 200 Per cent of reserve, 29,9; Increase, .6. Trust companlea iiJ ,.n ,Art Loans Investments. ..11,718 063 000 14.412,100 Oold -. 167.818,800 7.499,300 Currency bank bills.. 20,641.200 1,J 700 Deposits ..., 2.121.337,2(10 18.918.00 Res. on deposits 488,003.800 2n.787.000 Per cent of reserve. 20.1; Increase. .8. STATE BANKS AND TRUST COMPANIES NOT REPORTING TO CLEARINO HOUSU &fdr". .,.n.v.ef!.c.D.,.,...: "J?., J-S88 "'oSW t'urrsnev bank notea. ii, no.ov'i . .":'"'. Total deposits 98 (124 40ji Net deposits R04 88l.8iin Res. on deposit 236 20'), 20(1 Psr cent of reserve, 82,0; Increase, Decrease. i4 ran oiei 2,822 3011 18 3.'6,2O0 1.1. Oovernm't deposits 1,191,160 60 Due to members rsserve account.. 46,437.940 40 Uncollected Items,. 17,802,853 58 FenJoS.r.,.--netK.e.,.,rr: S.085.660 00 All other liabilities. 143,058.20 Total liabilities.. 178,680,809 84 170.801,930.53 LOCAL MINING STOCKS TONOrAH BTOCK8 15,248 030 00 1,616,267.86 60,488,780 71 19,764,486.63 2,016,643 00 '142,830.48 MacNamara Midway ........... Mltpah Extension , Montana ,,,...... North Star ...... I Rescue r.ui ... ....... ?:. '..5 ,j- Did. Asked. OOLDFIELD STOCKS Tllue Pull ....... .....' 01 -llooth i .09 Combination Fraction 04 numnnAlllld H 11 ..,.. .03 Daisy ,,..v..........i....... .03 Oro ...... ii "! .. -oj Hanasiorm ciiuaii .... i o flllyer Pick IB MIs.ni.4lAnnuuo ,08 .16 :.? .17 .28 ,03 .11 .06 .04 .04 .08 ,04 1VU Telephone Spruce 2890 Spruce 2891 Keystone Telephone , Race 4270 Race 4..71 Removal Notice On and after February 26th, 1 91 7, we shall occupy our new offices, Fifth Floor, Franklin Bank Building, 1 41 61 8 Chest nut Street and 1417-19 Sansom Street, Philadelphia. Benson & Packard 'a N. BENSON, JR. J. H. PACKARD, Sd EL INQERSOLL Members of ni.ii.i.ki !-., t-n XT-.- v-T.Le eitif 13re--iHL-M" IT J-ii .: J'XHM'r. Jt.---TrdlBHi Uw,B(jur' ai. tb nM'fioom (pence)., 7 jyi-rMk -r t, Jlte4v..,..--.j.'4-.4J --, , usiw.i.. ' a ht.:'i. KL:;i Mi-& J
Significant historical Pennsylvania newspapers