I I . Utt IrtOCK CO. MKERS HE. $ Wr' " W?u ' INVESTMENT m-y. SECURITIES B&- Ft GOVERNMENT J,; MUNICIPAL i RAILROAD t AND ' i PUBLIC SERVICE .' CORPORATION J BON03 3M CHESTNUT STREET PHILADELPHIA e.oi.eiarK$eo. BANKERS (tC.uUisti.d la.it 321 Chestnut Street Philadelphia 'X Consolidated Gas Co. 7.t. A RTipr.ini imnlv.m'a nt this nrou- E'n.rtv has l'ust been issued to our t rz.z--" . LClient3. It should prove oi lntur- h "est to the general public also, and we nave reserved a icw copies ,for free distribution. ?- s tit tl ?".- : - a- .. ... Vt - o nassau ax, B Ask for circular No. ill MOODY'S INVESTORS SERVICE John Moods, Pre-. New York. Tel 317J-4 Cort t y &S " fep 5- i . 8W We Own ami Offer Penna. R. R. Gen. Due June 1, 19G5 A. B. LEACH & CO. 115 South 4th St v? " y i y ... ft". , b. - L rife .!. rkii raa&. B'lWiJ.V unci rB aZ-f -jj'tti t ti T TO M You Never Know the Minute you vvillnecd high and low information on stocks of the New York Curb. Send for booklet containing in handy reference form High and Low Prices for August, 1917 High and Low' Prices for 8 month of 1917 High and Low Prices for 1916. Ask for Booklet S07-T.U. JONES & BAKER STOCK BROKERS Vtidentr Blag., PhUadtipiM Bell. Walnut 1080-1. Keystone. lUce 22o. New Tork Boston Okleaca l'ltttbarcli Direct Private Wires, JOSES C BAKER, Wlttntr JSldg , Philadelphia, Pa, You may send mo your Booklet B07.T.U. tfome- ...........,,,,,., Addreis Cttv State :., PtfL je POU-NDED 163 Th Provident H t T.lfa aftd Trust CTomnanv n T.ii..t..i.i- 'ijcf0 "" a a True; fompaiiy docs, but nolo fr9 it aoee if. counts, .' FOUIlTH AND CHESTNTT STDrnn -7f- ' r t . .. p. . . .,..- ..... -Z 1, JT0 THE IOUKR8 OF TIIK OUTNTANDIMI p X 5? BOUrt OK 1HK K1IIHON KI.ErrKMj II RV JLUMINATISO tOMIANv' OK I.kMii fc PC- I PENNIiYLVAMA. NKCI'KKD IIV ITM jiiirt' n C ffsrms of tbo bond; of tho undjr.lned. sC?Ur"d Vlf jnortsw dated July 15. ISas to John H vj-Hoff.r and James II. Clots er, as Trustee! ' ,! Sf saU .morlsrajre. th. underslsned wii SS'.'JS i'SW on .0Tnlr M, 1917, ut tha Vrn ''iS thti substituted Trusts, the t'arm-r.? Tru n&any or Lebanon nuerland street. In IVnnsjIvanla. No. Eli rm city or Lebanon. liitfrest en said bonds to November LQ, 11117 will bs paid upon presentation and surrender it th. sams to said substituted Trustee, aii.l tatyrtst will cesss to accrun. thervon from Zwl ifKr said redemntlon date. 1 Bated. lbanon. I's-tjuynst jM 1BI7 TOl It of Pennsylvania Will t PI - 4it ths sai ' Cures t y , Sm after I4D1RON ELKCTniO lf.r.TJJtlN'ATIvn BMPANT OF LBBANnV JfRNNSTLVANIA. MJ vrtll r.n vi tiltiti. DIVIDENDS FINANCIAL NEWS-NEW YORK AND pklLADELPHIA STOCK QUOTATIO: BUYING OF STOCKS BY BANKING INTERESTS FACTOR IN TRADING Whether This Is for the Burpose of Driving Bears From Market or Marks Beginning of Bullish Operations .Is Only Conjecture High Points in Today's Financial News Ilttnlciiiif interests came to support of stocks in Wall street. Many stock registered new low marks in afternoon, particularly vi railroad luit, out market closed strona. Vigorous demand lifted Notthwcst Oil to new top mark on New York Ctnb. Grain and cotton higher. Several extra dividends declared. Bar silver unchanged in New York and London. Rubles a little higher in foreign exchange market. French, Italian and Swedish exchange easier. Ni:V YOIUC, Sept. 13. Tliero wVcre Indication of banklnc Interests buying In tbe Htock maikct nt Intervals during the day, nnd It was assumed by soino of those who Hliould know that J. 1". Moinan Co. weie nciiultliiB United States Steel common, and that Kuhn, Loeb & Co. weie blljhiB Union l'.iclllc and other leadlnu lallroad Ktocks. This would present an unewn contest with tln.o two btukliu InterisH pitted against traders and bear opcratois, Includlnt; Jtso I.isermoore, Alfred S. Caspary, Allen ltan nnd Joe MannhiB. It would require only tho appcaranco of the two big banklnB Intel ests In the market to dilc tho otheis from tho Held Whether this bultiB, which HCimitl so clearly evident, was merely fur tho purpose of checking bear operations and stablllzlni? tho tint hot on a detllno or marked tho beginning of new bullish operation must neceuill bo 11 matter of conjecturo to every one else but mind rtadeis. There Is, howtver. In prospect an element of the highest bullish lmpoitanco which will bo demonstrated as soon as the Oov eminent tax and npptopiiatlon bills aro enacted Into law. It is understood that with theso mcasutes slsncd contracts for Ueel containers of munitions nnd of other necessities of war will bo placed on an enormous hcalo at pi Ices that will be 1111 Inducement for working the various plants to their utmost capacity Copper has aheady been taken for tho Allies to nn estent to bring in out bide buying of copper metal at an aihnneo of 2 cents a pound, and (io em inent purchases alreadj made will ncif,s.ully huny along tontiacts for do mestlc requirements. During the day pliee movements weie Inegulai, with United States .Steel langing from 103H to 107'i, and with eonstnnt vailatlons in (uotatlons In othei issues, but with a hardening tno appirent nnd a maiked falling off In liquida tion. Tho market elosed strong. The bond market continued to show 11 he.ny tone, with foreign Oo em inent bonds In supply at further concessions, Anglo-l'rcneh 5s being traded In on a large rc.iIo around 9". Wall Street Watching Railroad Earnings Wall stieet Is hciutlul.lng tho minings statements or the lallroads cloei at piescnt than in .1 long time with a levv to detecting in.uliquTtely secured dividends. Two of thete liae been dlsooerd. They nte the St. Paul. leecntly leduecd to I per cent, and the Del.iw.ue and Hudson, wline 'J pel icnt rate Is being covered onlj by a eiy slim margin This Is one of the icasons foi tho current weakness of shaies of th.it type, another Is the adjustment of yields to it closer p.uity with the high income iiff'jided in tho market for hhoit-teim Investments, langing fiiuii b2 per cent upward, and in numerous Instances umuuntliiK to us much as "J pet cent in mateilal that Is entitled to a good i.itlng One of the most painful teat ui us of the situation Is the vci liable "fcciuppliig" or stocks ut leeelvershlp pi Ices that once held .1 popul.u place ill the htrungbo of the investoi Tho New Haven is an Instance in point Its dlllleulties mo ical, and while the Htieet ma bu piem.ituie In piesmiilng n leeelveiship Is inevitable, the fact ot u Meld ot 17 pel eent on the notes matin lug nctt Jlay Is not re.issuilng The load Is badly in need of physical rehabilitation, as niu many others In ...isteru tenltoiy whoso lainlngs vvuuld not uppiai so favoiablii as they do If adequate piovisions weie made for upkeep On the stole cr laistng new money feu equipment, the cungcbttou of the investment mat kit vhtualty pi 1 eludes sueh operations ciopt at a usurious late or interest Original Speculators Out of Airship Slocks The harpoon seems to have been thrown into tho nil ship boom tint has been enjoying a great deal of speculation on the New Yoik Curb lteeent fluctuations In both t'urtlss Aeioplane and Wrlght-.M irtln Alrci.ift, two of tho more prominent issues, have suggestid that tho huge majority of original speculators In both Issues have abandoned their campaign. Prevailing quot 1 tlons foi Curtlss show declines of approximately 25 points Mom the high point of List j car and 10 points from the high of this season Wiight-Martin sold above $1" per share during the heat of the speculative cuis-o In this issue, but Is now quoted under $8 per share, with trading in listless fashion. It Is becoming generally appreciated that prollts on ordi -s Horn tho (Jovirn ment will not amount to the figures pool operators had been leading tho public to believe. It appears that the type of machines the Government is goiiv to make in huge quantities for lighting purposes will not onlv be manufactured by other factories adapted for the purpose, but will be of cntiicl diilercnt stlo from the machines that the regular manufacturers produce- Regulation of Gold Exports to Keep Money Cost Low The broad view of the measutes adopted bv the Covtinment to eontiol the export of gold will have 11 tendency to keep down the ost of money. The l'edeial bank plan to co-opciato dally with member Institutions with u v iew tuward eonectlng In t.me an unfuvoiablo tendencies Is laleulitid to lurther stabllio the money maiket Meanwhile, hovvcvci, inom.v leiuaius 111 in. A variety of considerations, including the piospeetive (Jov eminent loan lor which active banking preparations aio being made, have Inspired cunsu vatlsm among bankers. The Immediate outlook Is for continued Ilmincs" Process of Readjustments Now Under Way Hvldenee Is multiplying of a gradually le-dueed momentum m iinpuitaul trade lines, biluglug with It .1 readjustment In values to a basis most genet -ally looked upon as meeting tho Government's ideas as to fall and leasonable prices for commodities. Sales ot ooppet to the Allies on a basis of twenty-tlvo cents a pound Is a hopeful blgn. An offer of $C0 for llnlshed steel has been heard. Several ot tho Unteiite nations were repeated to bo actively negotiating on their own behalf, for llnlshed artlt les, Instead of holding aloof until the War Industries Boaul made known pi lees .it which they are to bo privileged through tho one-pilce-for-all basis. Sueh a step is significant of the magnitude of tho problem. Public Utilities Have Hard Row to Hoc In more ways than one tho benefit of lovvci mateilal pi ices is bound to accrue Immediately. The public utility industry, for Instance, suffering as It has been the last six months and even more fiom an unstable market In which to secure financial requhements with which to cover expenditures tor new ex tensions and Improvements, has been faced with n position of elthei pa.viug very high rates for new money or abandoning or postponing theso plans. Tho latter course has been generally favored. The Yosemlto Power Company, for Instance, has at ranged to sell a small branch of Its property to tho Sierra and San Francisco Power Company because of tho dllllculty In obtaining funds to extend its lines and develop new business. Rale-Making Bodies Slow to Grant Relief Whatever satisfaction has come to the utilities under lowei lia-l costs sepms to be reduced to an extent by inability to secure deliveries on schedule. This state of affairs, however, has shown evidence of being favorably adjusted, Jn the meantime ratemaklng bodies aio slow In granting relief wheie It is uctually needed, but this fact Is partly lost sight ot by a growing appreciation of the necessity of the Increases desired. Action of Bethlehem New Preferred Unsatisfactory The recent action of the new Bethlehem Steel preferred stock on the Cutb has not been satisfactory to early buyers. Transactions aro now being made around 104, compared with 112 when the issue was first biought out. Move ments In the stock have been keeping with the gradually declining trend of Bethlehem Steel "B" stock on the Stock Exchange. INACTIVE NEW YORK STOCKS Following are quotations for Inactive New- York stocks and liuwhlih thcie weio no transactions today. The price given is tho last previous sale. Adams Uxtirtss Adv lluinny CeBtJiit & Cable Co., Inc. Board of Directors of. ih National Co.i- -A Cable. Co., Inc, today-declared a uusr- lYtdend of One Dollar (11.00) per shire 1 , K outstanduu; capital stock, payabl loin to sitHTKiioi'icrB ui rviuru at ins af bostness September lutb. Transfer 1 will BOt eloss. tombs 1 W"' II, A. HOWARD. , . Secretary. IY ttT ACCOUNTANTS AeMuatsat , lilt pf. . . ,. .. n..,.hi. 111! Allls-Cbslmers Pf BH4 Aluska' Juneau... -!'4 Am Acr Chtm pf 0" a n a fc v ttis.,102 .10 ctfs pf .? do Pf .-'i?14 Am Heel BUS nf. 01 Am Cotton Oil.. 31 Am Kxpress..... ij Am 11 Lesth.. UTj Am 1c H". -! Am Ice pref . . . . ,. ?,'" Am Malt r,. Am Smalt A..... ' Am Hmelt Pf J'. I"' Am Sumatra nf.. JJ m Tel t Cable.. M Am 1 T Bd pf. iO4 jfS Writ l-ap of. JO Ar.o Oil .. All nirm . Atl.. IS Allamlu Cos.t .los llarrett Co pf J", Tlalt Ohio pref. 6HTs llitopalls Mlnlnr. 1 Helh Bteel - --i-iSi; lleth Bleil Plf. .UjJ llrorU Un Oas ..105 Brown Shos ..... 71 lluu-rlck ....... JO'i ral Vetrot ,,.. Cent 8 Am Tel. ..1I8H e;t.l Altnn .... 11 do pf i.. ...... -S'-i CM Qt West .... 3 Col ruel i. Iron . 43!i 'omp Tob ltec U3li C'ont Can . hu'-j tout can nf . lo."4 'un int i'hi MI11 17'4 Continental Ins.. r.l'J Crucible Steel pfd lis Cuba Am Huk pr Ihj Cuba.Am Suitar ,170 D 1. & VV . ...Hit Den & It tl .7 DSSAA pref . D 1. ft w.. . . ln-iVi Detroit :dlon l'JS i:iea ."tor Hat... ''XV, Ueneral Clear . Sil'i lien Clc btores pf DM, eioodrlili pref,,,, II) I elreene Can Cop.. 40". (lull 8 Htl 1st pf.lut Ilsrtman rorp... uj Hivina Elep 101 llomentake Mln..l07tj 1st Mex Tet rref.. 91 lo Kan Ter pfd lO'l Aiorris &. i.antx .111 do pref . . ,.11 Mont I'oner rfd. 10T Mo Fac c of d f p 0IV1 Nat Acme . ... 32T. .Natl Uluuk & Suit TV,', nm e:i & uu pi nn Slots Sheff prer BUndard Mill vt t 1. & Sun ot Stnnil Afllllnt . Hludetiuhr pr Htutz Motor . ' sui' Htl lat .,r" TfXU. rf. ' Tidewater oil till St n'j bt) 09 31) , nun, ltlV JUj Nat Dtium 8 pf d'l?, Tobacco Ir.,d,.i.., Nat Lead pref 108 Tul 5t 1. Vvft",,01i Nat ItR Mex l-d pf H N Y C & St I, .20 A V . ... . .. ' vi.a ju OO CHS .... 141. N Y 0 AW ..... V, Tran.Si wiii.".'': ?!' BU'i n..i 7. .'.."-:" " tT-".'..."' :.. "" ir"dr:5,..n.E.""'3 SIV4 irr.. .',""". P". PS N Y 11 A W N Y DOCK do pref Nurf West pref '." i... U PC DU'4 un Int Ilarv Corp, ihln l'ucl 4S'i do Sf v" g. ttnli.,1 n:,,i ri,.,, Int 11 of N J....11'J pr.lllVt Int ltrv N J Int Nickel pref. lows leni ..... do pref Jewel Tea do pref Keok ADM.... Lscleds Oas .... L, a A W rf... I.s Rub A Tire, lOJVj . in .101 . 34 . M :7W . "tt. 17'. flhln Ohio Qaa rts Owens Hot , . Pan-Am Pet pf do prior pf it Peorlu Kasl, rers muni.. ' nt UVs til) 7, 1(1 "4, I.lif A Myers 'fob 2l 1.11 a m -100 pr.i.lim Lone Isl rtfs pf.. 40 I.oos. W nis Co., 16U Iorlllard I- ....SOR Muckay Cos ..... 7M itsefcay Cos Bf . . . 4 Msnhaitsn Beach I Clustt-Wanody pfJIO ' TltJr r 't 1S.1 'snnaiton ncacn 4 sir i r "r.. -. j" '. feiSf jfasSML...., -ilf It .. I'ers Warn pr pf 4SVi 1" C- V St I..... ."'4 Pitts Coal nld... S7 I-ltta Coal pf ctfs 1-J I Pitts StI pref... liDJ. do pref SilH Plerce.Arrow pf. til Prssd StI Car pf.lOJ Quicksilver pfd... l'l Headlns lat pref. ftSVi neadlns Ha pf.., 88H ny Steel pref,... On Raxon Motor ... 13U Saves Arms.,,. HI. Ho p Illco B ....SOT Maura lloab k uf.UJ snoss-gi im a,t , ji -t5v' l, I'nltnl llr,.i'.V, J?.1 united ny in,',-t ' t'ti Itwys In pf.. i, J" " ' Taper 10 i,nJ?P'r Hoard.. 21 US Cast Ir Pipe ioJi do pref 50 II S Kxpress .... is l) 8 Healty Imp. lOVi do pf r,0 t'lah Sec Corp... 1-iU Vn Car Chem. , , . H7 do let pf al'4 West Pao K R .. 17 do pref 47 W'housa Mfe pf, as Whits Motors,.., 41U Wlllya-Overl d pf, vM Wilson Co Bf ..IO-J v.ooiwortu pf W1I2J WprW NEW YORK STOCK SALES nisi.. n. 33,i HI',!. 83 ,1(1 Advanco Ilunic' Alaska aio, M. . Allls Cltiitmers . Aon Agr Chcin. . Am licet Sugar. Am Can toy do pref ior Am Car f. Pdy . . . 7?4 do pref ill Am Int Corp ns'j Am Hide & I, pref. ft3 Am I.lnsccd !!? do pref ... . (17 Am I.010 do ',4 do pref . Am Malt pref Am Smo ting . do pref Am Sum Tob . Am Steel l'diy Am Sugar . tin pref . . . Am Tel ,L Til Am Tobacco . . do pref new . Am Wool ICJi do prof ufi'i Am Zinc .1 Load . is do pref S I ',i Anaconda 71 Atehlson l)(ln4 do pref . . . iit'i All diilf H W 1 . SV4 do pref .... SH Baldwin .ou Co. SlCi llaitlmore &. Ohio nn'ii llairctt Co 7 lleth .Sleelxll ....lot llrook Itap Tr . . 8 Hums Bros .... VI 'i Uutto R. Sup Cop JlCfi Net I.oV. I'lose. ihsc 11 11 H 4 4i V 21 S3H V 81U 3S ? Bill SOU 40 10 10K .4 -'; no no " BUI 5Hi m at'i U r.7 so S2V4 7 on Vt in it' l.-.'. Cal Petroleum do pr f . . Cimdlnn Paellk Cent Pdy Co do prof . Cal Packing Co Cent I.e.ithir . do prtf . Cerro de Pa-no ( 'handler Motoi s Ches &. Ohio Chi (U Wist pief. Chi M ci St P do ptet , Chi &. Niwt do prt f Chi l'.UI'U .. -'"i do (. p c pref t ' fi! do 7 p pnf to li-J'i Chill Coppei I7s I'hlno Con Cop ."'l'i Col (its K. Hlee .I't'i Con (ins i: I. . P Ids Consol (!.is . . 101 Coin Products . . do pnf Cinclblo Sticl Cuba Cane Sugar. do pi of .. Peel n Co ptcf Del .1 Hudon Denver A. H ( pie-f Dome Minis Distill i-iciir Krlo . do 1st pref do 'Jd pref Kilt Horn Purl (' t-ton Willi mis tlencnl Kleo Co Cencral .Motors . do pref Cnodrieh II V (iranbv Mining (iieit Nottliern pf. (A llil'fc ,,(' TX' (11 (13"i "Vi I l)l"Ji l)3Vi ' T lnVj 10M4 1V4 n 4t " . fltl4 611 0t IIIMU ' ,01T" , " 113 lit Ml no', llfSi iii l'2 .111114 lllt'fc l'JI'i t- Ox 101 Kit 4(!''i tlfiKj r.i'A (ID'd ot 1)1 ?' .- nn mi lODH f.Ktl u!t lf ltt M'fc n : 'i It :i'f Vi"6 IIIK 32 Vi 7t fit'j i'H ,ts it .! i Hi) IIIH'j 7' i .Vl ".) I()l" lot KH'd 10 1 111 141 jt'i -:i tl 1,(1' J 1 r,T4 :in:i KIH II!) Vi r,'i w mi or, (l'l". el ' 's :u si H7 'j H7 14 (1(1 100 lH'4 flfi 101 V 4fll,, 4- KH HO 14 J4 18 "i fil 704 "i 00 Vi I- ' l)t ttl 3 r,H i fiD',4 4 -'i i!0i, 4- '4 07 -fl'S. 101 t It B 1 !)j"l -t- '!l !9i ' l.t'i Vh 44"h 114 u JtU "''I It 'i .Wfc. ' Si'H ' !'i 2 r -t- ', tI' 4 ''b I Jll'l JCIi, :ki'i iit Jt'4 . '17 .110 . 1)3 h: n 7K I0J4 do Ore sul.s .11 ' rjulf Stale steel lilt Haskill ."I Barker 'in'i Illinois Central ..Kid Int Agrletil pref.. 14 Inspiration f'opiwi 8 li Interbiii-Cons 1'or s'4 do pref . . fl int Mer Jlailiii . Jl'i do piefd .. Hf Ipltrnatl Pnpci -Mi'. do jn- s i . flt Int Nickel . .14 Kansas Citv So .. m'u do pref . . . . " Kelly -Springfield I1h Kcntiecott Cop . . 10 I.icl; Steel . . . -Dike Kile & W . W Lehigh Valley . fcO'4 Dig S. Myprs T its - Korlllanl P pref I0IH4 l.otils K. Nash . .11(1 Max Motor . Jl'i do 1st pref . (" do 2d pief I'j May Dep Stores. 51) Mex Petrol . . Miami Con Copper lit Mln & St I.onls M S P S. S St M Mldvnle Mo Kan .V: 'lex Missouri Pacific do etfs Mont Poivei Natloml I!lctiit Nat Con Cable Nat Knim & hlpd N.ttlonat Lead . Nevada Con Cop New O Tex . Mex I 'IK ti'l l'i 3U Hl Hit Sfl.j :is4 31 34 "l 2 1 X V Air Brake 120 Xew A'ork Cent .. 77 Vi X Y X H &. H 31 Nnrf & AVe-st North American .tt't Northern Pacific D'lOli Nova Seotl 1 Stetl. UI I.I I) 'Pi 1')7 o i-.Vi Mix 1.57 II (l'i HI I1l)i 7K 10. .12 14 Kill 3d "i !!!) 41 54', H'j .1(1' l 21 H". lil 31'j IK .10 4Jli 3') 'i HI) .l'l 109 '4 111 30 fil 1R'4 ill) RVi 34Th 11 )K .11 1 2l.'5i 4014 XI) 10! SKT, 37'j SI : UVj 118 7HH 11 108 3J'j 7(IH . 31 27i, 9 l'i Kit 10 1 111 ,'l .1 (11 17" 51 l'l 14 108 1(HI' 31 '4 Dli (,0"i 31 87'j 4! 100 'i II K r i 1 1 ), 2(1 j ' " 2(1" 1 '4 311 14 '4 Ml : 31 '4 '.- 37 '4 11!)' -3 ii'4 Hi 11 7K Klt'i 32" 1 101 3d", Kill 41 8'j M'l 3(l'j SI -.'I 1,1 34 18 51) 4jlj 1. 4- -t-ll , I -M - Mi -1 1 4 1 10 KIM.. 14', (III 1 1)')' j 111 ..I '"j d". 18'-.. .10 89 '4 .11 !IS 4- -l'.. ir. 1 -1-2 271 50 81 104 20 V4 38 31 241'. Vi 1 Ohio Gas Ontario Silver Pacific Mall Penna It It Poo (las & C . . Philadelphia Co Pitts West do pref . ... Pitts Coal etfs . Plerce-Arrovv . . Piesfced Steel Car 01 Pullman Pal Car 113 Hi HI .tti, 1)8 !)4 l7--i (I 20 fit 3t4 21 58 41) 37 '4 (0'i 130 140 77 21 11 r 4-J 4- H 4 H I!) (' 2filH BII4 OS 31 21 SUM .10 37 4 5t 1 j 3H 9?4 4- 1)4 4 48 jH 0 20 Vi r.Kn 4- (11 314 31 Vi 4 Quicksilver .., .. 1 Ilvvy Stl Fpilng.. 47 Jliy Con Coppei . 27 nettling W'i Pep Ir 5- SH ,1i do pref 101'.! P.oyal Dutch .... ( St L S P .. . 11 St I. & Southwest 28 47 2(1 78 78T, heaboard Air I. do prof Rears Iloebuclt . . . Shattuck Ariz Southern Pacific, Southern 11 It..., do pref Slncl-ilr Oil.. . Studebaker . . . Sup Steel Teun C &-C w I. Texas & Pacific. Texas Co. Third Ave 11 P.. Tobacco Products do pref UndervvTyp Co pf.114 Un Bag i. Pap new 74 It 2.11! 13."4 ISO 33)i 23 00V4 27 02 Vi 309, IK, 38 10 10 1(10 10 7014 58 t 49-), 1'4 3714 Vi i0i4 14 132 2 I a 47 2Bi)i 4. y4 70 Vi. .. 80 4- "i 101 10114 4- Cflli noi4 4-1 13 It . 1 28 28 14 10'j 10 2B'!4 3514 .. J33i4 2i 2314 90 '4 .. 20 4- l 4-3U .1014 14 H 114 38 214 10 4- " It Kit 4-114 19 7014 4. 00 2514 BO 35 4314 38 10 It 104 10 8!)4 101 101 101 4- 114 114 71 74 . Union Pacifip ....127 12H1 147"4 4- 14 do pref 7014 70 7014 Vi United Alloy Steel 42 44 44 .. United Clg Stores 118i no?; us 14 United Fruit ....12014 125 120 y4 U S Ind Alcohol.. 131 14 12Ti 1S1H 4-1 U S Ind Alco pr,.103 103 103 ..1 U S Bobber 01ft B714 60 4- 14 do 1st pr 10314 10314 10314 U S Smelt &. Bef.flO 00 00 114 do pr 0Vt 4B14 49',4 Vi U S Steel 10794 10514 10714 4- do pr H0V4 110 11014 Utah Copper .... 0 014 07? Va Car Chem pr.108 10H 108 Wabash t Ia 10 do pr A 7 4614 47 do pr B , 34 Wells-Fareo Ex.. to West Maryland... 17 W West Union. Tol., Wnilen'u Mfr 45 WoolwUM . jt i W-5 lllsh Wheel h i: .. HOA do ctfs 20 Wilson 0014 Willys Overland. 20V4 Wis Central... .- 41 Net Lot. Clfne. chge. lli4 12H V4 26 20 1 ns4 6014 9i 26 2614 t:i 41 4- Vt .Total snl,.. C81.40O ulinree. joinniired with Sl.'.oon nhnrrs jr.tcnliDl thus far thln.'KV'; 2.474,700 nhnrrsi siime iwrlod Inst week, 2,133,- tvv nimrrs Sales in Philadelphia Net Hleh I or Clone, chsc 3 Am Gas ...10314 10314 10314 ' Am Milling tdVi Am Itwy pf ., too .. 100 Beth Stl B.101 loli 101 2SKleo Stor... 8715 BO 80 1 30 Krlo 20 100 do 1st pref 30Vi Gen Ashp pf .. 10 Int M M pr 8114 7 ltis Co N A. 2H4 3 JO I.k Sup Corp 10 149 Lehigh Nav 75 lot Lehigh Val . 00 270Midvale .. 54"h 100 Nov Cons . J3 Nortli Penna . . 1I9J Penna It II. fll'4 !J0 Phlla Co cum pief.. 30 8t Plilla Klec . 20 045 P IlTlrctfa 3()'4 Plilla Trac . . Bdlng Trac. 136 Beading .. 80 10 So Pacific .. Il()'4 225 Totinpah Pel 4U 21 Tonopah Mill 0 40 Union True 41V, 11.17 IT (S I . . 7I'.i 77(11 V S Steel . 10714 101 107 4-1 10 P S nubber 1st pref 101 '4 10fH 10Ti ItWest Klec . 441i 41 14 'i so Win Ciamp 71 7 J "- lBork Itv pf. 304 3014 30'4 IQuotatloti hlvm Is yesterday's close. Infill 1. ilc, 11.711 aluires, loinpnreil wllli It IOI1 .l.ir. .lerihl,l thus Inr this vvcfK, 4I.IIMI Ahurrsi Mine period luit week, idinr--. KINDS Hlcti Low 8000 Alll G &. L 53 00 0(1 1000 Beth Stl Cs 119 119 Kioo Con Trac X .1 5s .... 1)9 9') moil Harivood Flee Cs ... . loiMi Kill' 118110 Lib Bds w I 99.80 .10(111 Phlla Kleo 1st us 100 toon Beading gen 4s ... 80 80 80- 'lodil Mies, S12I.010, comnirril with Sil.OOO li.trr.li)! thus fur this eek, $213,800 name inriod hint week, M07,tlt. I Local Bid and Asked 10 10 3014N3014 t.!8 . . 84V4 "414 l'i. 23 2B14 4- Vi 13154 154 '' 74 74 1 5014 oo Vt B114 52 "s 22 22 4- ' t0 Bl BIU '1 30', 3014 'i 2814 2"1 ' JO'H 304 4" U .. 74", .. .. 27 .. 711 7914 00', 90 '4 U 4T, K)4 - 0 0 .. 4414 411 ' 70 70 " Close 00 110 119 lllll'l , 99.80 99.80 , 99'', 100 11.120 Net c hgc '4 AmerliHii Sloros . Itillwln . . . drill I (I ... Hun lie X f-u&M tr cits 'In pnf 1 Irrtrl' StnnRn . , tli ner.il Asphalt . il 1 pref lHtuiHi Telephone . iln tr ctfs f.uk" Superior Corp 1 eniiJi .NailKHtlon . . 1., Iilkh Vnll.s . . I.,hlf,h Valk Transit ilo pref . 1-eiins) Uiinlit Phil l i.lertrle I'hlli eomptny . do 1 ptr ti nt pr, f iln I. 1 1 r lent pri f I'hlli II r ir ctfs lUiidlnir 1 nu ill It. linont . ronopih MlnliiK Pnliin rrictlon . 1'nlti.il (las Inni nt , I nltul States .Steel tork llitllw.iy , . do pn f . VV 111 Cr.wnp A. Sons I'oday Hid Asl: .-It .19 JU ,-K'a II It .til 511 17 r,s ii'j nt It's 7 1 r, Is, jt 1 1 ti, Js II '.!", .10 79'. 4 4i'; 7 il', tn7 1(1 10 7o r.7 111 1 0 u I s Il.'4 71 I'o'i 51 . fit :r .tl.'4 :io' TH'-S il', 4lj 711'. in-', Hi's tr teatcrdTV Bid Ask at 57'i 20 r.7 BJ OS PI 1,0 14 (,S 111 17 rt no r.7 17 BS It lit IV j 74J.J (0't "' '.'s JTj .14 .111 ill's 7l, 434 (la 41 7714 Km; hi an MP, i'l 31 at .1; no "' 44J 77. ill'.1, 14 ai.'i New York Bond Sales IIUli llttno Anslo-I'reneh ts . , iijij 10110 Anitr Hldo i. Llalh lull .'40(111 Am Tor Her Bs . . 1)1'. Mum Am s,mt e. lit co 5a SO Jloiii) Am Ti 1 Bs . .. 97 lODD do nt l'i" . . . S'( .Itioo Am Thrirt 4s . . 117'j liooii Armnui Co V, ,, MHj noon Atchison cen Is Mi'. .Kino Halt . Ohio S'jm S'l'i Dlllli) do In . . SI 11)00 ilo c K3 si 10(10 1140 P I.i: . VV 4s "S1, Boon llrailen Copper es . 114 liooo Drook It T Is. . 1.7 liiiin i Bu 1U1S . US HOOD Can Unit Is 10.0 . Ill' 10(10(1 iln .',H Kill . '.i'.'h ii0(i Cent Linthtr Ut 3s Hi 1000 Chill Copper 7 . .11 J anno chis t Ohio l'8s 7s -.(ind ill dim is sj". Ctnoii t'hi It . 11 Joint 4n 11V4 Kino i'hi ht I, A S l) 5s ion 2((Hi() Corn ProductH 1h -Jt. 117', llioo Chi II i! III Is . SMj loon e'lil & Hist 111 ct 4.. to Dion Chi XI St I" mn Is. "s toon iln dl Is . . 7!i7 liiiiiiil do rfd l'i" . . su, ltont) do ronv 5s 11 1100(1 do c 4's .. St 2 Chi 11 I A I' rfd 4s . f 1 sono do ."s sjia 11 0110 do Is . . . ... lltoo Con (las con 0s ...10.. loon f ub.ni Am Sucnr tls..Kiii. Biioi) 'Mn (laH Bs H7i "00 Del A Hud conv Bs.. Ct'n ioon lien . ltlo at 4 71 3(100(1 Dls Sec Corn Bs . ,1 Bono Lrio conv Is Ftr A id'a -.011(1 1I1 4s str II. !. BtOOO liench Hep S'U .. (' 1000(1 larso 4. pnu is 20(1(1 Ilnek Val 4Vi . . 2400(1 llltcrli Met 41a ... . 1000 lnterb H T ref Bs . . loot) Inter Mer Mar o.... SJOOil Internl Paper Is .. . S000 Jun new O a 4's . rOOO do new line: stn Pa 1000 Lark-l Sleel Bs 1H2.1.. 11000 do Bs 19511 . . .. oono I.k Mioro ten J'js.. Low- 04 100 (14 'i S'l ll(,s. Sll'i 97'.. Sllla St', S'l SI SI 7S't 04 (17 IIS 111 nti. no 112 7S $: KID 07'. SS'j an 7S tr. SO'j 111 hi iVi't KJ'a 7". lot', Willi B7'i 114'i 71 74 ".0IS BO iin'a ( loM; IIJ' 101) Hi's 81) llll S'l'. 117'a si 'J stl', 81 SI 7Kl, 91 117 'IS lit 111', 119 112 7S. S-", Il-l, Kin 117'. SH'j '10 78 7' SO'n II 81 TS'a 841 i 711 103 ldll't 07'4 JJVa 74 in' a Ml niiij ;;.in4'i nn'. mi'. SJ B'l'.'s ssi; no's no'.; 78 K7;i n7ij tll'4 "J? looej S4 B'l'. 8s noij no 78 87'. 117' 111 77'i u. f' Jllll". I'd 8. Ml' 1 SSi 110', 1101. 78 87'i 7'a nt 77' 10014 SV, LOCAL STOCK LIST FAIRLY BROAD, BUT PRICE CHANGES -ARE IRREGULAR s ' aiai 11 as s I d Public Not Represented in Dealings Majority of Businean I xaKes riaue in otcci uuuuuuu xxctuiug m Liberty Bonds Good Wlille there was some Irregularity In tho price movements In the trading on the Philadelphia Stock Exchange In tho full sosslon today, as shown In the net change table of transactions, yet the tone of tho market on the vvholo was satisfactory. That the nubllo was not represented to any great extent In the dealings was shown by tho fact that tho trading In any one Issue did not mount large. Taking tho whole list Into consideration, It was fairly bioad, but not as many stocks appeared on tho tape as was the case yes terday. Changes In quotations, too, fol lowed the courso that has been pursued for some time, that Is, they were, for the most part, narrow and below a point. In some Instances they tvera larger, notably Cramp Shipbuilding, which lost S points. This was on very light trading. There was no explanation for the wide move. It was left to United States Steel com mon to furnish tho largest total at tho end nf Ihft elnv. littl nt His! 11, .... did not reach the figure of estrdi ? a llttlo moro than C800 shares hsri ' ' changed bands by tho middle of the i ' t noon. At olio staee of tho mnmi.. .."' ' tatlon was lower, then a recovery 1 ?.1 a.mamba a 11, lln ,1 . . - , .?. Dl IH M i"i"00 fci, "h".m mue in wan .. i I.,,, ,1.l .na mnnrAj.A ... .. .. BUStt turn late In tho day. er 4o Philadelphia Rapid Transit trust ed ucates lost U of a point In the niorsi. but this was regained later nnd u i" i unchanged In the final dealings QnuTl ''H bit of trading took place In Pennrii...i 'K Railroad, a little more than 1S00 hM. ' changing hands at a loss of a fraction, iv " high prices for silver were without itttn . '' the local mining stocks. Tonopah Mini nnd Tonopah Belmont being inactive u, changed prices. Liberty Bonds monnlli largo In the dealings In the bond dliku ' UK.OOO having sold by late af ternooi sti ' small advance. "' . NORTHWEST OIL HITS NEW TOP ON VIGOROUS BUYING ON CURB i Dividend Suspension Causes Unsettlement in Submarine ' Boat, Which Drops to New Low Mark. f Minings Irregular NEW YOKK, Sept. 1J. A featuie of tho tiadlng on tho Broad Stteet Ctnb was tho vigorous bujlar of Northwest Oil, on which that stock lose from 93 to 10G, n new- high record. Midwest was mm, with sales nt 140 and 138, and Merrltt ranged from 34 to Jt, Submarine Boat was unsettled by tho dividend suspension nnd dropped 4 poind to the new low lecord of 1334. This price compares with n high for tho year of 33. Last year the compiin- paid out more In dividends than It earned nnd eatly this tear was obliged to cut tho rate from $tj to $3. 1 In the lovv-pilced oil docks Interest was attached to the demand for Tuxpam ' Star because of tho published statements that construction of additional ficfl. ltles at Tampico would enable the company to dlspcnso with Its present sto'ragi, estimated at 200,000 barrels. Authorized statements were made that V online United has arranged tt purchase, If titles aro approved, 2700 acres adjoining tho Itoyal Dutch property, on which a well was recently brought In, Mining stocks were Ii regular. Magma sold at 45, Big Ledge was traded In at 1"8 and li, Nipisslng nt 9 nnd 8, nnd Calumet and Jerome at 2 Ml. Motor stocks were weak, with United Motors traded In at 19 and 18'i, and Standard Motois at 9 to 7 INllUSTItlAT.S Hid Air Reduction 87 Aetna Kxplosives 5'i Am Brit Mfg 5 Am Mat coni ..' 214 Amer Writing Paper .. 214 Canadian Car Co 28 Canadian Car &. Pdy pf 02 Charcoal Iron 8'4 Chevrolet Motors 01 Cramp 75 Curtlss Aeroplane 3! Carwcn Tool 914 Carbon Steel 80 Kmcrson Phonograph . . B" Pederal l)j o 5 Hcndeo Mfg 20 Kathodlon Bionzo pf .. 14 Lake Torp Boat 4 Lehigh Coal Sales . ... 75 Lima Loco 55 Maxim Munitions Marlln Arms 108 Nor Am Pap Pulp 3 Otl Klevator 5 Peirless Motor 0 Pcole Kng 70 Redden Truck U Scripps Booth 18 S fc Krcsge w 1 93 Standard Motois 7'4 Steel Alloys 714 Submailtie 1514 St Joseph Lend ,1714 Todd Shipbuilding 79 Ti tangle l'llm j United Profit Sharing... 14 U S Steamship United Motors ... . World's Film ... . Wright Martin Air. . Zinc Concent Tea. close Ask (Sale) 1)2 314 10 21i 314 30 08 8IJ4 08 82 30 1014 Oil 0 111 30 114 4', 80 68 1 112 314 5 14 80 15 100 8 10 18 84 us 00 3 05 30 V4 10 3 I 4 1874 Illinois Oil 414 1914 7r'i 7i?4 lai 24 STAMJ Villi OIL STOCKS 210 211 llio . ...341 348 Prairie Pipe . . . 231 280 Stand Oil of California. .23J 238 Stand Oil of New Jersey. .150 Bi.O Stand Oil of New York. 368 273 lVIIIU'KNIlKNT Oil, STOCKS Barnett Oil & Gas . . .-. 1 2 Cosden it. Co 814 9 Klk Basin 9 HI Federal Oil 4 414 Inter Petrol 1174 13 Houston Oil 15 17 Merrltt Oil 34 8414 Midwest P.et 138 140 Met Petrol !!, 1 14 171 j 4 18 537 273 10 4 1104 16 34 138 1 41100 Lotnt Island ill Bs si i-iiii 1 niiin m -vfis-ri d a 171(11(10 Uliertv llond l 3'.s Will 0985 99 OH 800(1 I.vons Us . . . Hi's lilj. Iijfs 200(1 Manhattan ta is. "'l "i 72 a .1000 Minn . Ht 1, 4s 411 40 4B 10(100 XI J" ft T 4VjS tljs 31'i ally Winn Met W Side Chi Is . OO'S i0s4 ('' aiMMl Mo Tac l 1 Bs 19.M... 114 114 nj Kino ilo vv 1 Os 19211 ni (J! ni llfinoo do gen 4s ... Bi bi,1 r.n7 Kioo Xlontana Power 8 .. 111! 0l4 nit 11 mm N Y CI. SJ'as is,, ds OS sinno n y c . il Cs . . ns'i ns' ns'4 2000 do 4s 8J 81 83 roon do4Vjs .... ...l, ."I . .,, Kino N v eity I'm inui .i"i; !": iui;4 aimo do 41a Kind .. n'-I 07- 07". 24-,. 00 17 4 14 24 n 14 oo j V4 14 9 tt 4 -J- -Hi fc.fThura. rvaiv .inrif iiuuu i ssis-i-iaK w-assm uvisu l Ti-uaii4w -n . m. vr -ub js ! w n n i urn- n ' i i. m .abb m s -sa, saa i& -itt. - - - m t ? - .B.k . m tksa, .a.r PC" v.r-'' Jmnvr :r -iT "i". "7r"-friwz ir:; ., . r- j. " v-- -Bt.fl wnmm .mmmmit. ,., f jr . nm , mm rrr -r-'ys , ,71-j-,. sajv, K . - f J ww ,.J(aMBv! ', sjWJV. n- . . 1rf-mk. v.. Jf. Tfeiia.T. . I. -iVHS'lRsU . , 1 T t 7i MST1 L MX& , 1 . t . -WutHmSTBKtS. 1 lSxr,ir ,1 1 U-m ilwrTlMMjaraLm i ii'fliMTJ''t - 11000 N Y (las II ft P Is 7000 N V N II Jl us 4000 N Y ltwy Bs . 11000 N Y Tel Ben 4'4s BOllO N Y IV ClIU'il,, 1000 Norf ft West 4s .. . 17000 Nor I"o 4s . .. tnno do v Bs . 1000 Ore Short I. 1st Cs . 1000 Pacific Tel Bs KIOO Penna 4s 1918 lonoo do con ct 4'4 .. inno do en 4 Vis , linnn Pere Mantuette Bs . tnnn Heading: Ren Is,. ., OJOOO llepub Cuba Ss 1914. 110(10 do Bs 1904 4000 St I. I M ft S 4 28000 St I. . S S" Ser A... 20nn Seaboard A I. Sta 4a, BH0OO South Pao cvt 4s.,,, i'Diinn do cvt Bs 1000 do rid 4s loud South ltwy cen 4s .ioon do Bs lonoo Teiaa Co ns inno Tol St I. & XV 4s, 71000 U s Itubber B .. 28000 do Os mono il H s & It (Is.... 7000 u s Oovt 4s rei. .. 12nonn do i's ree i'nnnn do as luinnn u S Steel I I Sl rono Union Pac 1st is ,, inno do cvt 4s '.'0(1(1 do rfd 4s lRsnon U K of U It ft I 5s,, 47000 do BVis 1018 41)000 do BVis 1919 innnd do Btts 1010 new.. nnnn do BSs 1921 inno Va rtwvs Bs ROOO West Klectrlc Bs i'000 XVest Pacific Bs KIOO XVest Shore 4s, nnnn West Union 4vis,,,, 1000 do Bs 7N SO. '-O'i II li 4-'. S7la so SO 78 85' 8 78 O'I 20l it lll'l l 4 S7'l 81 89 4 J 8714 St 89 mi?. in4s loi'J lit. HI. 9534 92 92 112 044 114. tl2'i l(iu. inni4 inor 84 811. 8V1 LGl. Dfil mis 70'4 r. 74'; 81 01 8 l'i nils nn Kill; 84 SS. 97 onsi 7(114 BO'I 74'i 81 ntli 84'4 SI nn .Kill! no, fini! 74'i 81 Ot'i 84'i nils nn mi ! INACTIVE I'HILA. STOCKS Following are uuotatlons for Inactive) stocks listed on the Philadelphia Stoe-kEx-chango and In which there were no trans actions today. Tho price given Is th last previous close: Alllaice Ins do prof ...... Am Gas war..?. Amer Stores .... ttald Loco "Irlil 3 O 2BH nurf ft Butct tc, ns Huff & fallen pf.. CO Cambria Iron ... 43 Cambria Steel ...lr.t Catawlssa lat pf. S3 Con Trao N J... 71 Oen Asphalt .... 20 Keystone, Tel .... Ill, Key Tel pref 03U Ut Uros 21 i'U on lit 37I4 Lett Val Ir 27'i do pref 46 r.ntiH schuiii.ui.. nt Allnehill B5 North Cent 7D' Penna Salt 03 Penn Trafflo .... 2?i Phlla Co 34 Phlla Co Pf .... SS Un Cos of N J... 210 Warwick Iron .... 0 w Jtr i. 8 8... 48H W N Y A P 2t West Coal 7JI, York Itwya 14 INDEPENDENT OIL STOCKb Contlsisl V... el... Ohio Fuel 17 Oklahoma Ref 8"4 Osage Hominy' 81; Rice Oil H Sapulpa Ref 0 Sequoyah JJ Sinclair 18 United West Oil 4 MININO STOCKS Alaska Standard . .- . . . . 20 Atlanta 10 Big Ledge 114 Blsbte Copper (a pros). . 14 Butto Copper & Zinc... 8 Butlo Xew York 1 Hi Cal & Jeromo Con Ariz Kmma Consolidated First National . . . . GoIdficU Mergei .. . Goldficld Cons Coldficld Florence . . Ooldfield Ken anas . (Ircen Monster " Hecli M nlng 8T: Howe Sound 5 Indcpendencj Lead .... 8 Jerome Verde' lj', Magnate Copper n Magma Copper Mother Lode Mines Co of America. Nevada Hills Nipisslng Ohio Copper Ray Hercules San Toy Stewart Tonopah Kxtenslon . . . United Verde West End Con Whtto Oaks Whlto Caps Yerlngton 'a 5 41 13 10 43 3i 114 17 Ti 1 314 13 1" Ui 33 68 3 1)" 20 Ak (Salt) 10 tt IT, UK 'V. Vi A t'.4 .. 1 1 23 ., Vi H 23 12 HH 1 IS H .. l4 1H .. 2 i 214 tA 1 1A 3 7 44 4! 18 ,. 14 ., 1ft v 1A 9 ii 614 .. 9 l'i 1A 11 H 47 II 34 II l'i" .. 21 0 Mi 1ft 1 3i .. 11 i .. li SO 71 71 BONDS Bethlehem 5s 08 Cosden Oil Co Ca 00 Cosden & Co Cs 00 Cudahy Ds 04 Krlo Cs 0614 Russian Govt SUs 64 do C'is 73 Southern ltwy its 0614 Sinclair Oil bs 93 Western Pacific 5s 100 Todd Shipbuilding 6s Beth pref do rights 19s 98 '.4 92 02 97 97 68 75 97 s UtOH 100 102 10114 105 2 2!4 v. ,;: n II fl Bethlehem Holders Favor Stock Issue NCW YORK-. Rent. 13. Proxies already received in-sure a tote of 8G per cent of thi ' &.!.. .l.l ...... .. .1 T.. 41.1.. n. Rtfel '3 ciiLiio tajmai muui ul ilia ucuiioni.. - v. Corporation In favor of the proposed law of 130,000,000 8 per cent cumulative prt- . f erred stock, It was learned this afternoon at tne otnce ot the company. CAUTION NOTICE au, rr.R.0NS Ann iieukdt cAOTioiaB fl ssalnst harborlnir or trusilny any of tht cre i the Portuguese steamship PENlNSULAIt. nJ Lisbon, roriusrai, j. r. juru , , "'"iTi bv tM V coniraciina win us ,..- -. ,i debts of their contractlns; will bo pam master, consttrnees, or oy ...n. BARN LINK STEAMSHIP CO, Al"U. . 453 uuiiitt mar. "tl ...HUH 11114 HH-, ... 48 484 48V4 ... 81 82i 82ls ...101'i initi 10114 Vi Itl21a V, loii U1V) DO'i 102 intM int inn m 1 5 nn' nn'! so HUM) 103H 101 oo 8flI no i)7V4 nn'! 87 7'J tlDJI, 4f. on'; 8 no st; 8114 02 , 80", 87". XIV, ATI! 93 04 00 85 i an. 02 U3'4 T..lnl sal... X1.USI.IHM1. .a. St.SVO.OOO ye.terdsri thus far th! St.SVO.OOO yesterday-, thus far this week. tl O3i,,000 same period Jast week, S8,63l,000.. rompared 87'i M)i MY, nn & 98 f'.K 8 ni 02 037t with 14.- BAR SILVER . .Ttrfny-T (I. H IlUhWil. S5 liS , W I.XJ SINKING FUND and REDEMPTION PLAN PHILADELPHIA COMPANY Consolidated Mortgage and Collateral Trust 5 Gold Bonds. Due November 1, 1951 Bonds of this issue duly stamped as provided in the Plan are now ready for delivery, in exchange for Certificates of Deposit, at the office of the Depositary, or the Agent for the Depositary, which issued the Certificates. DeposllarTI COMMERCIAL TRUST COMPANY 1-lilladelplila Agents for Depositary! TIIK UNION TRUST COMPANY I'lttsburcli CONTINENTAL TRUST COMPANY Baltimore NBW YOBK TRU8T COMPANY New York BROWN BROTHERS & CO. Philadelphia MONTGOMERY, CLOTHIER TYLER Philadelphia JEROME HILL ft COMPANY . i ., '".'J1.. ?.'?. i ' 'fin' y.' -a & jfssss...........H PJtUburgh J'-sJA ..1 EtS