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EVENING LEDaER-PHILADELPHIA, MONDAY,
L
JUNE 11, 1917
LIBERTY BONDS
ARE CONVERTIBLE DUR
INO THE PRESENT WAR
INTO AN EQUAL AMOUNT
OFHICHER RATE BONDS,
IF SUCH BE ISSUED.
THIS PROVISION IN
SURES THE GREATEST
POSSIBLE STABILITY OF
PRICE. AND GUARAN
TEES THE PURCHASER
EQUAL TERMS WITH
THE BUYER OF ANY SUB
SEQUENT ISSUE.
KDiiiMtijwlHniTO
NOTICE
H bale-or stocKs, rsoncis ana
Collateral. Entire Issue of
$200,000 First Mortgage Six
OPcr Cent Bonds of Marlcy
SMill Corporation, Coverinij
IJPnnr TvTifla nr TliilfU lUnrv-
ind, and Beaver Dam, Penn
sylvania.
550 Shares Canital Stock
ftlarley Mills Corporation.
The nbove will bo sold to the
highest blddefby thn undersigned nt
Its Banking House. 900 Market Street.
Jj Wilmington, Delaware, on Wodne-
iv-uay uio iwonueiu uuy ui June, init,
ftat eleven o'clock A. M.
DELAWARE TRUST
COMPANY
Oxxnwnex
Kr Company
O.TOMOOILE.QANER3
Otter special facilities for m.
dlvlduals or automobile deal,
era to finance the acquirement
of pleasure cars, for business
bouses to finance the acquire
ment of commercial cars or
trucks. If you are thinking of
purchasing a car of any kind
for any purpose tho FINN13Y
SYSTEM will mako a better
business transaction for you.
REAL CSTATE TRUST DUILDINQ
PHILADELPHIA
0 m w VBJkw m w W
BANKER6
and
nunirffnn
otn a. urikumur stb,, n. e. Oor.
Msmbsrs of Phlla. stock Bxoha.ni
Direct wire to Nsw Tork
U. G. I. Warrants
Bought and Sold
REED A. MORGAN & CO.
WKST KNI TIU'ST 111.1)0., 1'IIII.A.
Members of the I'lillu. stock Lxrlmuse
fc,
BANKERS
BROKERS
INVESTORS
demand complete and reliable
news in regard to investment
securities and authoritative
Vopinion pn market conditions.
'There. is one newspaper that
stands supreme in this field.
The-Ncw York Evening Post.
ALEXANDER DANA NOYES
. 'the financial editor of the Evening
i Port for tweqty-flvo years, holds a
commanding position In this field. He
Is the author of "Forty Years ot
American FInanoe," "Financial Chap
ters of tho War," "The Free Coinage
Catechism," of which 2,000,000 copies
were Bold; numerous monographs on
4 financial subjects, eta ills pre-eminence
In his profession led to his
.selection as tho editor of the financial
department of Bcribncr'a Magazine.
Mr. Noyes's dally editorial and his
weekly summary In tho Saturday
Issue aro authoritatlvo and Illum
inating. They show the trend of the mar
kets tfero and abroad. Tho financial
and commercial news and statistics
are. complete and accurate, prepared
by experts. In fact, these depart
ments are the most comprehensive
appearing In any dally newspaper
In this country.
Every Saturday The Evening Post
prints a Financial Supplement, which
contains a completo review and
analysis of the happenings of the
week. Including Saturday's business
and Important dispatches from all
financial centers, both domestlo and
foreign.
This Saturday Issue Is delivered
Monday morning as far West and
South as St. Paul, Minneapolis,
Wichita, Kan.; New Orleans and
Tampa, Fla. It has thousands of
readers all over this great territory.
Tha price of tna Saturday Issue of
tha Evening Pott Is S2.50 a year, but
the publishers offer a special Intro
ductory six months' subscription for
11.00.
umii In the coupon below and send It today.
anrlnmlntf ft I'.Oi w.-w-i. " 'i v.
ifnnay Order.
tiOTl. o' To
'."J0.1.! Tn York
SSilM' Eenln, Tost.
' s enclosed is u.ou ror special
ta rlntrtAnr.tanr Mir months aiiH.
'crlptlon to th Saturday supple-
rrntnt of the New Tork Evenlna-
fPoat
fSM to
ftio. .. 4.. Btraet ....
tfawn, '.....,.. Btata
'Trlr !" -
r
FINANCIAL NEWS 1
STOCKS ARE LOWER IN WALL STREET;
SHORTS BUSY PUTTING OUT NEW LINES
Show of Strength in Copper and Railway Issues in Late
Forenoon Is Not Maintained Bethlehem "B"
at New Top Mark
High Points in Today's Financial News
'Stocks were generally loiver in Wall street at the close of the market.
Soma issues wcra higher at various times during the day. Curb trading"
fairly active, but there was no definite tone. Grain closed higher. Sharp
advance in cotton to new high ground. Rubles went to new foio record tit
foreign exchange market. JJar sil)cr higher. Philadelphia bank statement
showed decline of $5,1,92,000 in individual deposits. Loans increased and
surplus declined. Hock Island reorganization plan approved and receiver
discharged. Ruling rate for call money in Wall street iyi per oenl.
New York Slock Sales
HlKh
Alaska (lid M.... ',,
Allls-C'hnl Co ... soy.
do pref no
NHW YORK, Juno 11.
Tho stock market noted In a satisfactory manner to tho bull inlet csts
today, although tho trading element seemed to feci that tho lower prices rcnchcil
Indicated nn iiiiHottlcmost ol security vnluos. Tho upward movement, however,
had continued for sovcrul wucks without a substantial reaction, nntl even nt
today's lowest prices mnrr stocks rulrxl ut a level far nbovo that prevailing
only a. short tlmo ago. Tor tho time llttlo bullish energy was displayed, nnri
this encouraged tho professional boar traders mid uptown plunBors, who have
been seeking to put out lines of shorts ut tho top to redouble) their efforts tmi
mnko a strong play to forro speculative liquidation.
Many of tho leading stocks wore offcied nt new low prlcCH, ns In the ''aso
of United Htates Steel common, which nt ilrst was forced below 131 nntl thou
below 130 In tho hopo of reaching stop orders. This decllno In tho market lender
had a nntural lnlltienco In holding bullltli Hpeculatlon In other stocks In cheek,
nnd In tho last hnlf of tho day stocks which had been In brisk demand during
tho forenoon roccded with the other Issues. Industrial Alcohol, after ndvanclng
to 1CSH, dropped to 1C0U, und General Motors, after advancing to 112, declined
to 108.
Thoro was a show of strcnKtu In tho copper stocks and railway shares for
a short tlmo in tho Into forenoon, hut tho buying was not sustained, nnd thoso
groups also reacted In tho lalo trading. Among tho Important price movements
of tho day was tho ndvanro of CU points In llethlchcm Steel "II" to tho now
high record of 1G3, fiom which It rcnrtctl to 1 ID.
Tho featuro of tho trading In the bond market today wan tho decllno In
many of tho New York city Issues to new low records, New York City -His of
11)60 selling at DO nnd tho 4Vjh of 1DB3 dropping to 102W. Anglo-French Ca
sold nt D3?i to 03"Ji.
S3
08
83
30
ll
103
VA
40
40V4
28
1
IS
81
1
P4
37 ',i
43
.1
es
IS
70
40
1H
30
Askfd.
DO
37
3T!.
It
ilk
4Vi
an
70
34
81
10J
88
37
12 Y
100
8
41
32
3
8V4
83
S7
tT4
07
37W
47 '.i
sy4
o
17
80
42
10
Pat. cln
(pniej
TRADING ON CURB FAIRLY ACTIVE;
MARKET SHOWS LACK OP DECISION
NEW Yortlv, Juno 11.
Trading on tho Curb was fairly active, with prices of many issues moving
In contrary directions nnd tho market generally showed n lack of decision
In Its tone. Air Reduction continued In good demnnd, with transactions at tho
high figures of 04 to 07. nnd National Conduit moved up from 37U to tho
new high record of ST-'U. Submarine ranged from 32 to 31.
Tho motor stocks showed a better tono for a tlmo. United Motors, which
on Saturday sold at tho new low record of 20, ranged from 20 to 27?, nnd
Chevrolet moved up to 102.
Tho oil stocks wero quiet and without Important changes, Oklahoma polling
nt 10V4 to 10, Osage at S. nnd Merrllt at 2CVt and 2G4.
Magma Copper sold off from 47-4 to 47, Consolidated Arizona was traded
in at 2i and 2i Canada Copper at 2 to 3 and Dig Ledgo at 3 to 2".
Russian G'.bs sold off from 83'A to 82. Trlanglo Film wns ngnln actively
traded In, ranging in prico from 2 to 2U. Marlin Arms sold at 05 nnd North
American was traded in nt G',4.
INHUSTIHAI.H
Hid
Air Reduction 04
Am Stores - 3
Aetna Kxploslvcs 3
Amorlcan-Hritish Mfg .. 8
American Marconi 2
American Writing Taper. 4
Canadian Car Co 20
Can Car & I'My prcf.... 05
Central Foundry 33
Central Fdy prer ...
Chevrolet Motors ...
Cramp
Curtlss Acroplano ...
Carwcn Tool
Carbon Steel
Kmerson 1'honograph . .
Federal Dyo .'
Haskell & Barker Car ..
Hendeo Manufacturing .
Kathodlon llronze prof. .
Lake Torpedo Boat ....
Lehigh Coal Rales ......
Lima Locomotlvo ....
Maxim Munitions
Marlin Arms
National Conduit
New "York Shipbuilding .
North Amer Taper Pulp.
Otis Klevntor
Peerless Motor
Poole F.nglno ...........
PIorce-Arrow ..........
Redden Truck
Santa Ceclllar .........
OOtf.
3
Ui
33i
35
13
'sy4
41
ITi
OS
37
Santa Ceclllar prcf SS 02 ..
Scrlpps.Booth SO 40
S S Krcpgo w 1 10 11
Standard Motors 12 13 IS
Steel Alloys ........... (IYt 7 Oi
Submarine -...-. 32 s;v 32fc
St Joseph Lead 18 IH 104
Todd Shipbuilding HI 87 80
Triangle Film IT' 2,4 2
United Front Sharing .. 'A ..
United States Steamship. 4l 4T4 . .
United Motors 27V4 27U Sfl
United Sugar 30 30Vi ..
World's Film Ik 94 ")i
Wright-Martin Air B"(i vi 'A
Zlno Concent ......... 231 3 3
STANDARD OIL STOCKS
Illinois 213 218 21S
Ohio 300 304 300
Prairie Pipe 807 303
Stand Oil of California. .270 273
Stand Oil of Now Jersey. 015 020. 020
Stand Oil of" New York.. 200 205 202
iNncrExnnNT oil stocks
Harnett Oil & Gas 2'j 2 S
Cosden Oil 13 13 1314
Cosden & Co 13 13V4 13U
IClk Basin 10U 101 10
Federal Oil 5 5 ftVs
Inter Petrol 13 18 13
INDIVIDUAL DEPOSITS FALL
INnni'r.NIlKNT OIL STOCKS Continued
H.lt. rinse
DM AslieJ (Hali)
Houston Oil 23 S3 23")i
Mcrrltt Oil 2014 sni 30
Midwest Refining 131 130 133
Met Petrol I t Th ZK
Ohio Fuel 18 20
Oklahoma Refining nn,, in-y, iov,
Orago Hominy H 8 8yt
Rico i i,4
Snpulpa Refining oi 10 10
Sequoyah 1', if, 1"A
Sinclair 334 31 38,
Un AV'est Oil a;
M1NIXO STOCKS
Alaska Standard 3.1 40 38
Atlanta lo,4 liVj 124
Tilg Ledgo 30 3U 3'4
Bisbeu Copper (a pros) . . 14 j't
Butto Copper & Zinc... 12 13 1314
Butto Now York Hi iy, ..
Cal & Jerome l)j l)J iy,
Can Cop 3 3
Con Ariz 314 2a;
F.mma Consolidated .... 1)1 l-f,
First National 3V4 3
Ooldfleld Merger 00 r,i
Goldfleld Cons 84 S7
Goldtleld Florence 18 25
Goldfleld Kewnnas 11 10
Green Monster 1, in
HecU Mining 8,', 814
Hnwo Sound y, 0
Independence Lead 11 is
Jerotne Verdo 1 j
Jim uutler 7S 80
Jumbo I.xtenslon .in 41
Mclvinley-narragh so S3
'
3'
2,',
if.
60 4
r.5
in
iA
8V4
S"4
1
75
30
S3
Magma Copper 45 47 45
Mother Lode 30 30 3ft
Mines Co of America... 114 1.74 ,.
Novada Hills 25 30 ,,
Nevada Wonder 1V4 1!4 ..
Nlplsslng ?V4 714 714
Ray Hercules 394 4 S'
San Toy 17 19
Stewart 14 n.3? 14
Tonopah Uxtenslon 214 "y, "ft
United Verdo 3914 4014 K114
West Und Con ns ;n n7
Whlto Oaks a .. ..
White Caps 1 iW t
Yerington Mt 31 33 33
lioxns
American Smelters 6s... 0214 04 03
Atlanta Charlotte 6s .... 0714 08 0714
Bethlehem 6s 9814 08n 08
Cosden Oil Os 103 lot'
Cosden & Co Cs 97 100 9914
Cudahy 6s 98 100
F.rlots.... 97n o,9i 0JV
New Haen 6s 9014 97
Russian Government 614s 73 74 73
Russian Government 0V4s 81 83 83
Southorn Railway 6s.... 9714 07 07
Sinclair Oil Cs 95 97 ..
Todd Shipbuilding Os.... 101 103 '.
N Y State 4s 103 100
Decline of ?5,492,000 in Week Loans
Show Increase
The Philadelphia bank statement this
week showed a decrease of JG. 492, 000 in
individual deposits, while at the same time
the loans showed a gain ot $1,480,000. Sur
plus declined J2.716.000.
Details follow:
Dlf. prev. week
June 11. '17 (decra) Juni 12, '10
Loans ... ,J530.tia,00(i 4,4o,ooo JBlS.lflS 000
Depts. (In.) 4T!l,7"3''",u
circulation s.224,000
0.403.000
14,000
3.4O3,0UO
077,000
4,84H,O0O
3.478,000
231.000
2.710.000
was 145.570 000: Jun'
IM.nin). 000, juno h, ivis, ss.vui.uuui
. I7.HD.OUU.
T-,,,. f, V,U. 84.7011.000
Dep. of bk. 72.B7H.OO0
Kl Clear. II. 21.873.000
Knv. keM. ino.518.000
lltiv, read., so.unti.uoii
Hurptu. . . 10.546,0(10
Surplus Junn 14. 1015,
13. mil, 111
Juno 10. 101
Increaea
440,801,000
W,4U,U"U
73.023,000
170.04ft.0o0
18,367,000
110,875,000
77,030.000
8 .'.1188
a. 000.
Juna'
Am Agr Client... 18
Am Rett Wugar... 0714
Am Can 0214
do pref 110
Am Car & Fdy... 7714
Am Cotton Oil... 4114
do pfd 00
Am Hide & L.... 10U
do pfd 00
Am Llnscod 34
do pfd 0114
Am Loco 7414
Am Malt 13
do pfd 0014
Am Smelting . ...lloli
do pfd .....".. .11314
do pfd A 10114
Am Sum Tob Co. 3014
Am Stiel Fdry ..7314
Am Sugar 124
Am I'd A: Tel 121TJ,
Am Tobacco new 102
Am Wool S8
Am Writing P pf 4014
Am Zinc & Lead. . 33
do pref at
Aniiroiidn B01',
Atchison 102
do pref 07
Allan lllrm & Atl. lflid
Allan Gulf & W 1.110
Baldwin Loco Co. 00
Bnltlmoro & Ohio 72T4
do pref 0014
Barrett Co 12014
Bethlehem Steel . .11)0
do B IBS
llrklyn Rap Tran. 0114
Burns Bros los
l'.uttto & Sup Cop, 4ny
Cal Petrol 23
ilo prof r,14
Canadian South.. 10214
Cal Packing Co.. 3814
Central Leather ..10114
Chandler Motors .0014
f'hesa & Ohio 01
Chi Gt Western.. 11 14
do prof 339;
Chi M Ai St P 7SV4
do pref 110H
Chi & Northwest. 11114
Chill Cop 2i'
CI1I110 Con Co) 01
Col Fuel & Iron.. 50
Col C.uh & Ulec. .. 4114
Cotiaol Gas 10014
Net
Low. Cloie. ehse.
S14 W.
20 14
80 W.
03
03 T4
so 1V4
110 ....
7014 Y
4114
A
20 14
80
03
09
5014
110
7014
4114
DO
ny,
0114
24
ol!4
73
1U4
6014
losy,
11314
10114
31 i
72
121
1
''
14
1
1
y
108T4 1
11314 Y
10114
31i 214
72 214
1214 214
144
OfJi
24
0tl4
73
im
00
121 121T4 V4
102 14
60 1
4014
33 Yt
01
8314
102 14
OflTi
in
113 214
0314 1
7214
0914 H
13014 1
13414 314
14014 1
p14 2
111 I 3
10
23 1
5114 Vl
101 14 i
102
80l
4314
33
03T4
8.114
103
0014
10
113
03
7214
0014
12014
131
140
5014
101
40
22
5114
lfll'i
33
0814
80
00
11
33
7iy.
110
111
2214
80
8314
40
38
08
00
on
U
334
7114
11014
11114
3314
00
33 Vj
41
H
H
Corn Products ... 33
do pref ini'4
Crticlbjo Steel .... 8 1 14
do pref 100 14
Cuba Am Sugar ..105
Culm c'nno Sugar.. 40
do pref 02
Del & Hudson .. .11114
I L & W 310
Hen & R O prcf.. 17
Imtno Mines .... (,
1'latll Sccur 20 14
Urio 2004
do 1st pref .... 3014
do 2d pref 30
i:ik Horn Fuel .. 31 Vi
Gaston Williams.. 32
Gen Hleo Co 103
General Motors. ..113
Goodrich, II F. . . . 5314
Or North prof . . . .10814
Ur North Ote subs 33
Greene Can Cop.. 1.114
Gulf Statu Steel. .130",
Int Agrlcul 11114
do pref no
Inspiration Cop... noi4
Int-Cons Corp pf 88
Int Mer Mar 20m
do ptef 83
Internl Paper ... I3'4
do prcf sta .... 7014
Int Nickel 1314
Kansas City South 23
Kellv Springfield . .1014
ICcnnecott Copper. 18
Lack Steel 1014
Lehigh Valley . . . 0.114
Leo Rubber Ai Tiro I8',
Louis .1 Nash .... 125
Max Motors .... Si)
do 1st pref .... 00
do 2d pnf .... 3
Ilex Petrol 1 11 1 4
Miami Con Cop.. 11
Mldwiln Steel ... 00 11
Mo K & T 014
Mo Pac w 1 38
Nat Rnal & Stpd. 42
National Lead.... 5814
do pref ion
Nevada Con Cop. 20
Now York Cent.. 0314
N Y N 11 ft H .... 87
N Y Out & West.. 23
Norf S. West ....12314
North Pacific 101
Nova Scotia Steel.. 03
Ohio Gas 14014
Owens Bot 93
Pacific Mall 38H
Penna It R 8314
Peo Gas & C .... 7414
Pitts & West .... 2814
do pref 0.1
Tltts Coal ctfs... 80
Pressed Steel Car. 78
Pullman Tal Car. 14 104
Rwy Stl Spring. . 88
do pfd 08T4
Ray Con Copper.. 3114
Reading 90T4
Rep I & S 0314
do pfd 10.1
Royal Dutch .... 0.1
St L & S V 17
do pfd 20
Sinclair OH 63
Savage Arms .... 80
Shattuck Ariz ... 27T4
Sloss-Sheff S & 1.-00
South Pacific .... 03
South R It 2814
do pref 8014
Superior Stoel ... 47
Studebaker 8 1 14
Tcnn Cop & Chcm. 17
Texas Company ..21714
8014
10014
lflj
13
03
UOTf,
MONEY-LENDING RATES
NEW YOIlK Money on call opened 411
per cent: high, 4H ; low, 414 1 closed, 4140
414 t rulln rate, 4H Pr cent.
Rates for time money today ranged from
414 to 6 per cent for all maturities from
sixty days to six months.
Prime ineligible acceptances were
quoted at 406 per cent and eligible bills
at Sl-16 3H.
PHILADELPHIA Call, 4 iter cent.
Time, 4 06 per cent Commercial paper,
three to six months, 414 4 per cent.
BANK CLEARINGS
Dank elearlno today compared, with eorre-
apondini ear tail iwo ycara:
hllaajfl'pVt
xor
UMH
Maftca..
.. 20,o?J.Sl KMOsiiit: !.12?7J
f',W,wi o'.iSI'.iaw i&toSliw
Rubles at New Low Records
NEW YORK, June 11 Tho featuro of
the foreign exchange market today was the
pronounced weakness In rubles, checks be
ing quoted at 24.80 and cables at 24.90,
establishing new low records.
Quotations were:
Demand sterling 4.7514, cables 4.76 7-16,
60-day bills quoted at 4.72 and 90-day bills
at 4.70. '
Frano checks 6.7314. cables 6.7314.
Lire checks 7.04, cables 7.03.
Swiss checks 6.0214, cables 5.01 H.
Guilder checks 4114, cables 41 6-16.
Ruble checks 24.80, cables 24.90.
Pesetas checks 22.90, cables 23.10.
Stockholm checks 30, cables 30.16.
Chrlstlanla checks 29.20, cables 29.40.
Copenhagen checks 28.05, cables 28.83.
Reserve Banks Discount Rates
Over 00
up to 00
t
4
4
1
f
4Vt
Com.
moditr
"4
Third Ae R R ..
Tobacco Products.
Transue & Will. . .
Un Bag & Pap n
21
mil
4014
0014
10814 10814
31 32
10114
son
K014
102
11
03
11014
20D14 210
17
2314
20
31)
2014
311i
33
103
1118
8214
108
34
4314
123
1014
no
ni',
5 nv,
2714
8014
4114
7014
41
23
3014
47'4
10014
1814
135
18
0.1
32
ll '
41 '4
0 1 14
014
3714
401',
58
108
23T4
01 14
3014
33
12314
103
03
13714
03
37
33 '
7214
3814
03
4914
7714
141
80
0814
3014
0414
001,
10,1
0.1
171,4
2814
3414
80
3714
8014
0314
27
8.1
47
8114
10
21014
10
8714
4014
81
13014
7014
47
100
7
If.
1
1
J- 14
14
'.
314
14
114
14
lot 14
-2t
1- 14
,4
1
1
17
04
3314
20
14
20'j
81
33
103
108
52
108
31
4.1 14 V,
12.1 14
1V4
50
0114
BOV
28
81
4114
7014
41
23
.10 li
47
101)14
04
1814
12.1
48 1
14
V
',4
1
114
-1
- Vh
1 '
y.
114
114
-114
-
-114
0.1
32
1)0
4 1 14
04 V,
014
2714
4014
5814
108
2.1!!,
01
3014
33
12.114
10314
0.1
13814
93
3714
52 14
7214
2814
U
214
14
114
',
1
1
i
a
114
"
Union Pacific 138
do pref 80
United Alloy Stl.. 47
Un Cigar Stores. .10014
Un R'y Investment "14
U S Ind Alcohol.. 108 14 inoi4
U S Rubber 3
U S Smelt & Ref . . 03
U S Steel 133
do prof 117
Utah Copper ....118
Utah Sec Corp... 19
Va Car Chcm,... 41
Wabash 1214
do prcf A 48
do prcf B 23
Went Maryland... 10
West Union Tel. . 0414
Westlnghouse Mfg 64
Worth P & M pr B 88
noaton
New York....
Philadelphia .
Cleveland ...
Klchmond ...
Atlanta
Chicago
St. Louie ....
Mlnneapolla ,.
Kanaas Cltr..
nailaa
Ban ifranclaco
10 or
lea
9
8
Over 10 Over 30
up to 30 up to 00
3
8
Aerleul.
Over 00
Hoaton 6
New York,..,. 6,,
Philadelphia .. ii
Cleveland .... S
Klchraond 4tt
Atlanta 4
Chicago ...... 0
Bt. Louis...... 4tt
Mlnneapolla ... o
Kanaaa City... 8
Dallas ........ 4W
1. 0
Trad acceptancea
up 10 uu
fptai
Upt
in
!
s
su
thirty to alitr, 4 per
"MJ-,
so. I
i. I Han Francisco
41 I etln ta thlrtrTHI" Mr
1 -.r, --.---c 4. j -.
'iiiJ'' hau pwtt'"w
Wheel & L E.
White Motors..
Willys-Overland .'
do pr
Wis Central....
Wilson Co
14
49Vj
30
01
6114
7214
do pr :. ioti4
1
02
4014
7714 1
144
5014 14
08T4 4
30 H
04 V, 114
9114 1
10.1
0.1
1714 14
20 1
6114 H
80 14
27 14
60 Yt 1
0314
27 14
65 1
4714 I
81 1
10T4 14
21014 2
10 3Yt
88'A 1
4014
89 0
137 14
7014 14
47 1
100 14
7 14
10274 314
01 01 114
0194 01
129 12014 3
11014 117 V
115 113
10 10 1
41 1
12 14
48
284
1014 14
0414 Y
6S14 ii
68 14
14 14
47 114
20
04
8114
72
104
44
1214
48
2314
10
0114
B314
68
14V4
47
20
04
8114
72
104
Sales in Philadelphia
. ltlah.
60 Chill Cop.. 2314
s Eleo Stor. 03V4
10 Diet Sec... 2014
030 Lk Sup C. 20
60 Leh Nav.. 7814
10 Leh Valley 6114
10 Mlnehlll .. 6714
6) Ncv Cons.. 2014
601 Penna R R 6314
77 Pa Salt M. 0614
331 Phlla Hleo 3014
080 PUT tr ctfs 80
loo Rwy Stl pf 8714
loo Ray Cons. 30
1238 Reading... 00
200 So Railway 28
12 Ton Bel... 414
30 Ton Mln.. . 014
23 Union Trao 4214
803 Un O Imp. 7714
775 do war. . 2014
8585 U S Steel.. 131
80 Willys-Over 2914
20 War Ir& S 014
1
Net
Ixiw. Clni. fhite.
2214 2214
A3 83 Ik
204 2014 W
2014 2014 W
7014 7014 ...
6414 6414
8714 8714
2814 2814
8214 6214 Y
08 98 H
2914 30 .....
20 3914 W
8714 8714 "i
80 80
94 04
28
4
OH
42y
7714
28
28
4
OH
42 Vi
7714
2014
1294 12014 2V4
2914 2914 Y
014 OH H
compared with
70
40
09
987!,
cIom
10014
10014
10014
10014
80
Total aalee. 12.203 shares.
8007 nhare latt .Monday.
nONOH .
lllh. Low
$1000 City 4s '43.100H 10014
1000 do'40rcg.l00H 10014
200 do 1946.10014 10014
800 do 1946.10014 100 14
3000 Klec & Peo
Tr 4s... 80
3000 Lk Sup Ino
4s 47
0000 Leh Nav
cons 1'is 09
lvoo Lehigh Val
gen 4lis 00T4
1000 do cons
414 s reg 0914
4000 Penna Co
temp ctfs
4Mb .... 0314
1000 1'a & N Y
6s 10.1
8200 Phlla P.Icc
1st DS...100T4 100 10014
2000 Reading gn
4s . ... 0114
Net
chKe.
1 .
14
40
00
0014 H
H
0914 09 4
9.114 0S14 H
103
105
0114 0H4 14
Tntnl Milce,
laet .Monday.
M7.70O. compared with 310,500
Local Bid and Asked
AmorliTtn SLurra
IlaldtWll
llrlll J () - '
Hutr t. sm nt c rrt
do prtt r,o
nicctnc StornKu Uitli
Ocnerul AKphult 20
ilu pr.'t 6
Kcvatnnn Telf phone ... 11
I.nko Hutu rlur Corp.... 204
l.nlilKh Nuilwitlon .... D't
LehlEh Valley 04
1 ,i"li lh Valley Tr 22
d pref 43
Pennsylvania 52T
Phlla Kli-elrlo 'M'i
l'hllii t'ompiiny 33
do 5 pT rent pref... 32
do 0 per tent prof... 3H
Phlla UTtr !!
lti'mllnx li 1 4
TonupHli llulmont Irf
Tonop.tli .Mining tt
Union Trni tton I2U
Unlteil ll. ex Imp "J1
1 H Mecl ISII'a
York Hallway l'J14
do pret 3
Win Cr.imp t c fc0'4
Today
Illd. Aakod.
:ill'
0014
27
6.1
53
;J3U
02
211S
77
115
2214
42V
83
80
34
33
3D
20
ot;.
4
ii'
421.
T.
130
13'4
371
an
R.itunlay
llld. Ankfd
30' 37
0ll'
27
53
50
03
21)
Ml
11
2H4
-0
04
224
43
r.:t
20'4
as
32
3S
.'III
tir.'4
hv
4!!?
77't
132
13
mi '4
bflli
07
211
55
52
1,1
iij
im
204
7llJ
llt'
23
M'4
63W
111',
34
3,1
:iu
3D
un
'!
O'li
42
774
1321.
14
371-a
8S
New York Bond Sales
Hlfth
. . . U3S
. ..10J
. . . ua'i
..102
.. U5i
. . UllV,
.. mil
. . DUl
..101,
. . 5;
12000 Amor Aer cv 5a.
4000 do deb r.s
22U.Mii) Anglo-French 5a
tluuu Alnvr Uldd & I. Ob,
2000 Amer l"or Sec Sa...
7511110 Amor Tel 5.
ljuuo Armour Co 44a..,
llullU AUhinun Ken 4a....
l'.'iioo do q 4a 1D0O
Until lti.rrl.anv (I.
75U0 liult & Ohio 31ib ! D"S
7UOO do 5a WIS
atioo do cr 4Mb M)4
1'ijou Ileth steel rf.l c. . 11114
43U0O llronkln It T 6a TIK. HI',
looo Hrkln Un Llv lac 8a. 03
noon Can lluvt 6s 192o till
ailllll do 6s 1VJ1 tli"i
210IIO Cent LtMlher lt Sslul's
211(10 Chill Copper 7a 120
IHiiio Chea & Ohio cv 44a.. 7UVi
47UUO do cv 61 84
00H Chi & Eaat ct 4a 314
10(111 Chi Ut West 4s 0S4
3000 Chi & Nwn Ken Is 1)1
S.Viiiii Chi II & u Joint 4s... 03'4
6000 do reg 4a 95,
loon do 111 34a Nl,
40IH) c XI & st I" rfd 44a . tid'
3(10(1 Chi II U 1 rfd 4s 72
1040(11) do 6a ct 0110 Bin 714
1000 do 4s M)'.
3000 Col Industrial 6a bil
70(10 Cltj of J'orla 0s OVi
20U0 Con Oas cv 0s 10S
11100 Del jiud 44 a us
1000 Den & Itlo Or 4a 7114
4000 do rfd 6s 584
juuo ueirnii jaiaon lai ra. un
(loon Dla Secur Corn
20000 Krlo cv 4s Ser I)...
10MI00 Trench Itepub 54a.
2000 len Klec deb Ba...
.'1000 III Steel deb 44a...
15000 lnterb Met 44a...
11000 Interh It T ref 5a..
2000 Inter Mer Mar Oa...
2000 Inter Aur 5a
6000 Jnpaneao 44 a 804
MO00 Laika Steel 5a 1832..100'!
62000 'do 5s 10,',0 107'i
Olinn Laclede Oaa lat 5J...100
2000 do Ken .1U a Kv
.imhi i.k nn uel a 1H2K..
lsniin do deb 4a 1031 . ..
f.000 Mb & m T 6s
100(1 Lone Island rfd 4a..
inoi) Lorlllard 6a
400(1 Lous ft Nash 4a ...
1000 Mldvale. Steel 5s
20iino Mo lao w I 4a
10110 Montana Power 5...
Hnno Nat Tube 5s ...
7000 J Y C L S 34 s.
16000 NTCtlU,..,.
2000 do 44 a
2000 N y Chi & St
1000 n r city 4s
211110 no 4,n 11)00 ...
2(100 do 44a 19(13 ...
5000 do 4'ia 1004 ...
2000 do 44s 10113 ...
1100(1 NTOIItr.ll.,
2.1000 N Y Ilwy adj 8s..
4100 N- y Tel iten 4'4a..
.iniuti .-Nor i'ac sen as
or.t.
. (is
. on A
.102
. R7
. niv;
. (13,
. Dl4
75
(124
014
. . 0B
. . m
. . tl7'i
. . nt'I
. . B.14
. . flo;
.. nn
..1004
.. 71
..1004
U1'4
1st 4a 014
884
00
20110 Dro Short T. ref in
1000 Pacific TeI6a
103
OR'i
2.1
B4l
02 li
87
0(1 J
ni
01'.
30000 Penna 4s 104R
40000 Tenna gen ct 44a
anno I'un wcrv N J 3s h7,
14000 Headlne sen 4s 014
41000 Hep Ir A S 5a onV
1001) St L I M ft B 4a 77
1000 do Ren 8s 07'i
7000 St L ft S F ajt Os.... (17
R00O In 5s 40
lotion do Ser A 6s (13H
3000 an ser 11 11s 7B4
2000 Seaboard A L adj 6s
noon soutti i'ac cv 4a...
3000 do rfd 4s . ...
41000 South Pac cv 6a
11000 South Itwr gen 4s.
10000 do con 6a
1000 So ny St L 4
4000 Tann C ft I Ken 5s.
7000 Tex ft I'nc 1st 5s.
87000 Texas Co cv fls . . .
"Ono Third Ae Rd) 3s
81500 V S Itubber 5s ct
200O do fls
201000 U U Steel a f 6a..
nu'i
vl
M
nu4
ess
71
101
03
103
43
8SU.
...10Hi
. ..104'2
3
214
Total sales, 033,400 shares, compared with
014,300 shares loot Monday.
Ex. dividend Maxwell Motora.
Motors first preferred. 1.; Maxw
aecond prererrea. 1; int. i;ona,
Texaa Company. 214.
24 t Maxwell
swell Motora
preferred, 14 ;
ASKS BOOKS FOR SAILORS
An appeal for patrlotlo citizens to send
magazines, books and other reading matter
to the Philadelphia Navy Yard for the ben
efit of the enlisted men statloped there was
sent out broadcast today by Admiral Tap.
pan, commandant of the yard,
The Admiral announced that such read
ing matter may be sent to the Central
Branch Y. M. C A., Arch street near Broad,
or to C II. Dickens, chaplain of the yard.
Other "navy yard periodical stations" will
be designated soon In all sections of tho
city. Workmen at the yard have also been
asked to brine reading matter and leave it
"with th ruajj stationed at the
7
2000 Union Pac let 4s 03
inno ltn Uwa R P 4s S!
143000 U K O II ft I 5s 074
11(100 do 54 b 1018 (ION
68000 do 54 a 1019 new... 00
11000 do 64 a 10111 9114
10000 do 64 b 1021 D5S
5000 Va I C ft C 1st 6s.... 074
7000 a Car Chem 0a 100
5000 Vn Ilwys 5s IM't
IO11O Wabash 1st 5s loon
2000 do 2d 6s 014
2000 do 4s rni'4
15000 West Shore reg 4s... S24
1000 do 4s ., S5
1000 West Union 44s 03
Low
W3J4
101 .
034
102
34
HX's
1)1
UO
i!!4
ii.-i'i
81)
Pti4
M)4
9D4
104
tu
Oil
n.1'4
till',
12(1
70'
hxl,
314
Oiija
1104
05 .
II54
hl
h(l4
72
7n
MOTt
h0
034
J OK
OH
71'4
584
III)
H.I
118
91) A
102
h7
(11
0.1
01 4
75
8H4
101)
111.1
90 s;
H2
934
014
00
8.1
07U
tmi
034
oi
11(1
100'i
ioS
nil
01
884
00
10J4
99H
103
0814
2.1
uiH
02
87
9fti
0.1
8?S
914
90S
77
0714
07
40
03 Ji
78
OOIJ
81 ,
80
111
084
OSS
71
J01
95
103
43
874
101
104U
03
074
90 A,
09 H
004
051J
9714
100
04
1'lOli
014
0'
83 4
83
03
CloPQ
9j;
ioi4
W3H
1U2,
HI' ',4
VI
1)0
1014
.-
iiok
9(14
894
994
1184
IIJ
till
93i
IIUTs
1211
79'i
8x'a
314
(1S4
tiO'j
5.
Il.14
81
8il',
70
811',
SO
3i
101
IIS
7114
584
90
111
HS
904
102
871
(II
93
9li
75
8114
ion
10.1
100
82
024
914
99
85
07'i
91U
934
ni
on
1004
71
10(14
ouj
01
R814
00
1024
904
103
98T4
2.1
94H
02
87
904
93
93i
87!
014
99
77
97U
07
40
MS
78 i
on '4
81 i
80
II04
S84
914
71
101
0.1
103
8SU
101 I
104J
93
82
974
09S
.13 A
064
95
074
100
94
ino'i
914
1)6
824
81
93
Total sales, 112,034,000. compared with 13.370.
000 last Monday.
MOVEMENTS OF PRICES ARE NARROW , I
THROUGHOUT WHOLE SESSION HERB
Steel Common Is Most Active and Shows Greatest Los
Philadelphia Bapid Transit Certificates Do Not I
AnnooK TTnfil Afternoon.' and Then Sell Off i
Nothing of nny Imporlanco developed In
the tradlnir on tho riilladclphla Stock 1.x
chango during tho full five-hour session to
day. From the start of trading prices
moved oer nn Irregular nnd 'narrow
course, with tho chanp.es nbout evenly di
vided between advances and declines. None
of the losses, however, with tho exception of
tho downward movement In t'nlted .Stales
fitoel common, was more than a fraction.
In Hleel there wns a Ion of a full two
points by tho last hour.
The market took Its cue from the move
ments In tho New York list, nnd the pres
sure exerted against some of the stocks In
Wall street brought about a. reaction In
similar Isiuos hero. It was not long after
tho opening until Steel was placed under
COTTON PRICES SOAR
TO NEW HIGH RECORDS
Sensational Rise oji Heavy Buy
ing Sends Futures Upward for
Gains of 107 to 112 Points
cotton iini.T wi:.Tin:tt roviimoxs
M:iV tORKe-Jnne 1 1 The follolinr teni
ientlini were recorded In the rot Inn hell
this mornhiEi Aliellle, 6Hi Knimtllr. 00:
NinlnMI nnil Alliintl, Oil lllrmlnalnini and
ItitlelEh. OOi AliaiKta. nnd 1'ori smith, .l
l.lttle Ilork, Molo.hurir, .Merlilliin, Milton,
Montconieri und Mllmliiaton. 72i slireieport,
Hun Antonio and 1lnn.lil. 7t Ahllene. Ofcl i
lioma. Del Itlo, l'ennrnlii, TIioiiiiimIIIi.
harleslon nnd Mu smith, i CtiriiiiH I lirMI.
lamiw anil Jnc kwnnllle. "Si t.alteatoti mid
Molhle. SO. ...
There wo .02 Inch of prlnltntloii nt
Snnnnnli, .1(1 lit New Orlenna, II nt All
rntn. .21 nt Clinrlealon, .2(1 ut Itnleleh nnd
2.30 ut M llinlncliin
NHW YORK. Juno 11.
Cotton soared sensationally this after
noon, nftcr showing unuxual Rtrctigth at
tho opening and Increasing in lgor on
good buying throughout tho day's trading.
At tho close July nnd December weio 10'J
points tiboc .Saturday's close, tit 2143c
nnd 21.03c, respectively. Jnnuniy ended
112 points higher nt 24.10c, March finished
nt 21.23c, up 108 points, and October
Jumped 107 points to 23 89c. .Spot cotlon
advanced 85 points to 21 65c.
All options were nt new high records
At the opening, October crossing 23c
for the first tlmo nnd nil options t.old
nbovo that level. The tone was strong nnd
advances rnnged from 21 to 27 points
Commission houses, Liverpool, Wall
stieet, uptown operators and spot Interests
purchased, whllo tho main supply came as
a result of profit-taking, with New Orleans
and Southern houses selling moderately.
Sentiment was ery bullish. It bolng
stated that spots wero strong all over the
world, whllo good reports havo been re
ceived from all trado markets The strength
was Influenced by tho considerations nnd
the sharp advances recorded In Liverpool.
Improved crop weather conditions were
Ignoied, the point being made that the Im
ports did not promise any remarkable up
turn In the June condition.
Realizing of the longs were readily ab
sorbed on the early setback of snmo 10 or 12
points nnd the market developed renewed
strength before thn end of the first hour.
After selling at 22.89c, October contracts ad
aneed to 23.27 soon after 11 o'clock, while
July sold up to 23.82c, with tho general list
showing net gains of 49 to 50 points.
Tho predictions of lower marine war risks
combined with the showing of tho Liverpool
market nnd of Liverpool statistics led to
tnlk of increased exports, which may possi
bly hao been a factor on the advance.
Pit' J.i j 'a
ClnsH Open, lllah. l.ov Close.
July 23 3 1 23.SU 24. OS 23 4U 24 43
Oetolier 22.M 23 00 24 01 22 SI 2311
Deiember 22.92 23. 1.1 24 IS 22 03 24 03
January 22.9S 2.120 24 20 2.' 97 24 111
March 23 1 23 40 24.31 23 IS 24 23
Spot 23 0 24. OS
Liverpool Cotton
LIVERPOOL. June 11 There was a fair
demand for spot cotton this morning and
prices were 35 points higher on tho basis of
ID 8Cd for American middling. Tho sales
aggregated 8000 bales, Including C000 bales
American. Imports were 5000 bales, Includ
ing 2000 bales American. Tho market for
futures closed firm at an advance of 51
59 points.
Cotton '.Buyers and Sellers
NEW YORK, June 11 July R. Hub
bard, Downs, Schlll, Wntklns, McEnany
nnd McFartden bought; W. Gumoens,
Royce, Stclnbacher, Orvls nnd Hyman
sold.
August Hentz, Schlll and Mitchell
bought; Van Vllet sold
October McKnnny, Montgomery, Mitch
ell, Sellar, Cassard and Cardora bought ;
Clearman, W. Gumoens, Rtelnbacher, New
man, Kelffer, Hyman and Rosenberg sold
December Robert Moore, Schlll. Mitchell
nnd Brooks bought; Hentz, Rosenberg,
Fllnn, Wenman, Hyman, Martin and Royce
sold.
January Allen. Orvls and Montgomery
bought ; deer, DIckerson, Hyman, Judson
and Schwartz sold.
March Schlll nnd GIfford bought; Hago
dorn sold. ,
GOVERNMENT BONDS
2a registered 1030
2a coupon 1930
Ss registered IBIS
3s coupon 1018
4s registered 1923
4s coupon 1025
3s registered 1040
8s coupon 1040
Panama 2a registered 1030
Panama 2s registered 103s
Panama 8s reglMtred 1U81
Panama 8a coupon
TIM
93 ,
05'i
08
9S5
Kit
104i
Stt
M
9V
9V
h7
svl
Asked.
loit
100
Financial Briefs
J
George D. Porter, former Director of
Publlo Safety, has become associated with
the II. Ll Dolllngs Company, investment
bankers ifi the Wldener Building, as a vice
president In charge of the eastern I'ennsyl
vanla territory.
The New York Subtreasury gained S2 -050,000
from the banks on Saturday, mak
Ing a cash net gain since Friday of $5.
333,000. '
Edward R. Franklin, secretary of the
borough of Darby, has announced that the
borough will receive bids for the sale of
15,000 4H per cent street-Improvement
bonds until July 2,
Application has been made to the New
York Stock Exchange to list the following
securities! Booth Fisheries Company. 250
000 shares common stock without nominal
or par value In exchange for 50.000 shares
.common stock par yIu libo. nd Beth
lehem steel Corporation JH, 655,000 class b
common stocH permanent certificate In
achange for present; ovtMmiitm temporary
crtlctM. '
DIVIDENDS DECLARED
Lone Star Gas Company, quarterly of 2 per
cent, payable to stock of record June, 23 Ihree
montha ago company declared quarterly dividend
of Hi per cent and 12 per rent
Duquesna Lighting Company, regular quarter
ly of 1" rer cent on the preferred stock, pay
able August 1. Hooks close July 1
Kasrern Power and Light Comp.iny, regular
quarterly of la per cent on tho preferred stock
payable June 13 to stock of record June 7
International Harvester Compan). regular
quarterly of l'i per cent on the common stock,
payable July 16 to stock of record June 23
American Publie Utilities Company, regular
quarterly of H4 per cent on preferred stock,
payable July 2 to stock of record June 30.
iirnavure. It was the mnnt a.it.. .
whole list, but even at that the turnt
was iiui. im iuiku uo in usually the cat hi
The traction shares were absent fromTCJ
tnpo until lato In tho afternoon. thl i?i
Philadelphia Rapid Transit trust certlfM(21
came out at ju, n loss of yt ntui ,
frnptlnn was added to thl .i.n .0Uv
Isst hour. Vp until tho last hour li t
dividual stocks nnd 11 different bonoiiS
Stock of tho t'llltcd Gaa lm-...
Company measured up pretty well with X
remainder of tho list ns far as actl
was concerned, nnd It wns lower all thrS
tho day. Tho warrants, too were eff a i&
tlo In the morning, but lato In the day , -
rccuon-u.
SI
CET
Trndiiiff Is Moderately Brisk Am-
leans aicuuy, uut colorless
LONDON STOCK MARKET
.
LONDON. June 11 Trading ..,.l
os on tho Stock Exchange was modr.i.
Itlei
modtntefc
brisk today, nlthough there were fW'
features Tho feeling continued cheerMS
i no "-'"'- ci.. uni will ufn. --i;
half per cent war loan, however, wis i! I
..vnonilnn lmvlnir boon nrr.nin.i i " s .
taking following tho recent jump
Americans were mp.iuv but env.i. i
Canadian Pacifies received sunDor. ,.j I
Thcro wns a fair Investment demand tJi
homo rail", which were firmer Are..!!?!
llfmu iima pnnil ".!
Allied bonds hardened biofj, of R J
slan tlitec months credit 1.H1, wa, , "J
Here nt i- per ccm otter the recent l'
torvai. ntui caciiiuikii irepnndeu i
Nadirs were helped by a favorable rttxJ
on the output ot gom nt the ruma iuf
month.
Rubbers nnd oils were Irregular '
LOCAL MINING STOCKS
TONOPAII STOCKS
nn
MacNnmara
Midway ; 14
Mlrpah Ilstenaloti in
Montani. 20
North Plnr io
Itcscuo Lull 23
GOI.DFini.I) STOCKS
niuo nun oi.
Itooth 01
Comb l'rae . . 01
lilnmf II n . . OS
Daisy 02
Oro .01
Sand Ken 03
Silver rick 10
MtSCni.I.ANKdCS
Arizona 1'nlted 33
NeMida Hill 54
Tocop.i Mining 30
AIM1
.IT
.11
.11-
.:i
.11
.w
M
.04
.M
.01
HI
i
It
li
.11
NEW YORK COFFEE MARKET "
NEW YORK. Juno 11 Tho market for
corfco futures opened 1 to 4 points hither
this morning. Trading on the call wai i
tle, sales nmountlng to 11000 bags.
Tnda'a Todiy s
wpcnins
Juno
July
August ....
September. .
October ....
Noember .
December .
January. . ..
February. . .
March
April
JIliv
nid.
SxtMla
i- r:."'
7 HL"iiT SI 1 liin
.7."57H3 7 STMT a 7.Ml!
... '! , 17. 1. 03!
7 till V 7 88 7 (tot
T limit Nil) T 04(
Sll3ltU4 7 OK
s 07 w sns n.iin
l.ias 14 .o8ii
.7.01 7.92
7.01
.7.9S
K III OR 0(1
8.(IS
.H.12
.8 1SS8 21
!!8.30W8 31
Im
siofis'jn :i3Biii
2ias2n tiiici
-iin.itu B1HR2
34 8 35 8 286814
Siifrjir Kiiliiroo Irrpo-nlne
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NEW YORK. June 11 The market fori
sugar futures opcr.sd Irregular and quiet, I
bales amounting to 2050 tons and first
prices 1 point lower to 3G poinds higher.
The heavy exports of Cuban raws to Eu
rope held the t.pot market steady ana thli
Influence Is partly responsible for the lack
of aggressive selling pressure on the el.
chnnge. Tho market seems to have U-l
sumed a waiting attitude
... ..... . - - .. . H
Want unilorm Size lor Lotion HUM
NEW YORK. June 11 -Elghty-slx mim?
hers of the Cleorgla Legislature and mint
commercial organlzatfons and merchant! oi
that State havj Indorsed a bill which wlJ
bo Introduced at tho next session, provWlnf
for uniformity In the size of the cotton balei
and fixing tho maximum size of gin bote
BAR SILVER
Today
New Tork (cents) 70S
London (pence). 36'
Last
Sat Mon
T 7.114
3S,', 8SA
-HIHfl
7!) tlV
8S'i lili
The Safe Keeping of
Liberty Loan Bonds
Do not neolect to htt Vr
Goeernment because iou havi ss
facilities tor keeplna totit.
Banks, Trust Companies 4
Safe Deposit Companies , nan
tenerally agreed to hold Liberty
oan Bonds in limited amounts
free oi charge.
If you cannot secure such ac
commodation our Customer! Se
curities Department will hold
your bonds In amount not tt
exceed 15,000 and will collect
your interest without chargs.
TheNationalCity
Company ,
1421 Chestnut St., PhiladelphU
New York Chicago S11 Fraieue)
Bostoa Pltuborib
Columbus
Pittsburgh
Wilmington
Dayton
Logangport
Evansville
The R. L. Dollings Co.
INVESTMENT BANKERS
Announces the selection of
Mr. George D. Porter
as Vice President and Manager for.
Eastern Pennsylvania
with offices in the Widener Building
Principal Company Offices
Philadelphia
District Offices
Wllkes-Barre
Allentown
Fort Wayne
Toledo
Zanesville
Indianapolis
Canton
Sandusky
Hamilton
Newark
Terr H
I H
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