P.4! &' c.-r r.v. 'r p&y M - v ?& P, , V t&- k-" M , '.! .IT. I .i ai - f i rtl m. li Jdt saws wj",. '. . PK? v: . ' '' TOK6?G PUBLIC LBDGEK-PHILA'PELPHIA, WEDNESDAY, nFnsPBTTAKY OTlfttS ?'' Mfc MREIUY,. MOCK - CO. m (ta& tf w BANKKBI INVESTMENT SECURITIES OOVPWNMBNT MUNICIPAL RAILROAD AND PUBLIC SERVICE CORPORATION - BONDS WAR SAVINQS STAMPS 306 CUTSTNUT STREET PHILADELPHIA Investmerits Yielding from 5 to over lro QUR February list of investments contains many offer ings both sound in character and attrac tive in yield,' offerings to meet every invest ment requirement. Send for Circular PK-i:,.', The National City Company Ntionl City Bank Blds N. Y. CcrnsrcnJent Ofiees in !4 Cilitt Philadelphia 1421 Chestnut St. Band, Short Tttm A'ofci jhteplancu 69c-79 Income -k ml BUY Public Utility Securities Short Term Notes Due- 1920 To yield over To First Mortva"e Bonds To yield G'c to T7c Heml for booklet ilescrlb Imc Ttlevm riinilam'nlnl Factors nf nn InviB'm-nt In puHte utility seeurltles ht ti t urrent offe-incs. ' -.or .111 mill Rooku I '." P.w.Brwkss- Mn.-k K. Illils.,riiUiiil1i s Odd Lots Stocks Grain Unlisted Securities T Pirtif ci refill nltrnMnn rlvtri to pmnll Iota n to thou of liirtf amounts. !Iarket Forecast Mailed Free on Request HUGHES & DIER . W.ilHrr-sVRSrt,-SSh?K. 1433 Walnut Street Philadelphia Woolnnrlli Mile, I.ania.trr. Pa. u BARNETTOIL&CASCO. PRODUCER REFINER DISTRIBUTOR Barnett paid in dividends during 1916 23 and is now paying at the rate of 24 rr per annum. Semi Annual Report mailed upon re quest. Morton R. Alexander Philadelphia Stock Exchange Bide S7 William St., N. V. 111 NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRIi STOCKS ARE GENERALLY HIGHER ALTHOUGH BEARS HIT STEELS Mass Of Security Holders Hold Firm to Peace Belief and Will Not Liquidate. Marines Are Strong- NBW YOltK. Kelt. ii. An HCKresHlve, Kicciilatlvo element devoted Itu efforta iluriim u U"oil part of the day's triidltiK on the stock exchange to constant liatiunerlnit nf the steel slocks and also made bearish demonstration nt times iiKnlni-t tliu lcntllug railway issues. This hear mc. criKtit wan accompanied l' K"1 dial of tall; as In the effect of the declaration made ly tin- Allied SiipiPinc Council on Hal unlay, and constant fffnitH were made to shake cMilldonco In tho pros ppptH of pence, but tho mass eif security holders livid llrm in the belief In the peace outlook, and there wan no indication of lliiililiitlim fiom any ipiarter. The bear efforts were eiicee.sj.fiil for a tltno In forclntr a tcecHslon In United States Steel and Iletlileliem Steel "II," lint the linpoitnnt move niciits of the day weip to substantially blither levels. The tnat'llip stoehs multitalned u strmiK tom1, with tin- vidians If sues In that Ktonp selllnu at the hluhest prices rcaeheil in a lom; iierloil, .Ma rino pnferred maile a Kaln of inoro than 1 points. pcllltiK above ;!. and the pommon stocls rpcoveml i points to above i'T. .Atlantic, fiulf and West Inilles ranuid ihiilin; the day fioiu luS'i to 1 lll'i. I There were many other stocks la whleli Ikoioiis bnyliiK was noted, and which made substantial nalns. Some of the specialties that had been prominent In the recent tradlnc sold off under realizing, and partly because of the eonrentratlon of Interest In the shipping sharps. , Industrial Aleolad and Ceneral Motors both reneted mole than - I points, hut rallleil In the late tradlai;. 1 There was heavy trndiim iiKaln In the Liberty Issia ., with those boliils showlm; a steady tone, the ilUs si-lllriL' nt !S. ! t to !"."".. The Is wero heavily traded In at !ir..so u l:w. CURB SHOWS BROADENING TENDENCY IN INCREASED OUTSIDE INTEREST ' Mining Group Attracts Attention Because of Buying From Strong Sources Standard Oils Are Heavy NI3W VOItK, IVh. t;. There was a belter tone oa the I'mli. with tr.ulluK In many aionps In Increased volume and outside Interest showed it liro.ulenliiK tendency. , The minim; Kroup attracted more attention because of buying of many of these stocks romlnc from strong sources, with llntto Copper , anil SCIne one of tlio prominent fe.ttures, ndviiiietiii; from S?H to !), followini; the auiioiluctment of the application for IMImk on the stock eNchatiue. There as Initial trndliiK in Washoe Copper at l', and li, with the stock In demand from western nilnlim' Interests, who are nNo Identified , with the Nixon-Nevada Company. NWou-Nevnda, which owns -Ifai.tino ! sliarcs of Washoe, sold at 114 and I fi-lH, Subniailno lioat was also active anil stroui; .advancing to 14',J. Aetna I'xploslves was traded In at fi'.i and Bf'i. Chevrolet was strong In the eaily trading, ndvanelim to 121. but had a sharp reaction to 118. Cnlted .Motor ranted from L'.'.'.i to "Jlvi. Houston i)II, which yesterday sold down to 39',a, was traded In on a larKC scale from 43 to 4GH-. Other oil stocks wore irruKUlar, Sinclair declining from 22 to 21 and ! .Midwest declining from 110 to I0S. Standaid Oil stocks were heavy, with I'ralrle Pipe Line selling at 2."." and Standard oil of New .leii-ey at i"t.'. anil ,rii;3. New York Stock Sales Itiffti 1.01V Maska (lold M !, 'Alaska Jaaeaii J'-i AIIN Clmlni Co 3.1 14 Alii Heel Sugar HI 1 Am Can ; do prcf I Am Car l-My . Am Int'oiii. . Am Cotton (Ml. , Am Hide & I,. lo pref ' Am l.lnseed . . do pref ' Am Loco .... t Am Smelllnu. . Ala Sinn Tub. Am Sil l-'dy.. 1 Am Siikiii- . . . 'Am T fc T... . . Am Tobacco , I Am Wool . . .'. Ala Xinc .V .d Aluooiida . . . . ' Atchison . . . ! do plef . . . , Ml O - W I. I ll.lld 1 llalto old, 1 . I IIUll Stfel do pief do prer I e, . llroaka I !.' 1 Ti Ililtte Slip, c C.il petroleum. do pref . I'.Uiaill.'lll I'.ie. IC.-rit I.e.iilii. . do pref US', l"i'.i LTl AK At. tu tll'i M"s AH'l'i s:i Ht-li in IlllHi HiJIi lHi .-..I's 1 1 H.1 s; nil. fi a:i tai!!i 13 '.i .tin if.i st v, n;i ?.. Mi .; iiiiij en 1 ii.i In,'; Ulllli, -V."., II ilii Hl-1, SI1, IIISI.j ci.'I'O .11 I'tnl.i l.'lls 110 h M -' P.' 4 IV. :ii',i - :s .1H!(. KH It'll fill Hill liU'H KiSTs 3 Mi .It--. New York Bond Sales HlUll Si. Ml Is ll's mi'i Low a.p.m !'. Sll'l HI -I '.4 Oi -t Vk -' '!. :S. 11 I'd I'S'n l!l tlli'n ., s, II.-, I" S.1 t M'l Sj't s: s" : us. .y ?( t I s;i, s;; us1 11-V H.Hlj I'l'l IS'4 "''l 11:1 so, S3 III 11:1 T-.IMs - 114 '4 1 , II! I I'll III t:, is in i.'-i 1 n.i I chandler Mots s:P.i IS'.i- !l.l-- IMir.sTltlAI.'. 1I..1 lli.j :i :iM :t OS 311 nu Vi is T.t l s H :iy V, Aetna Kxploslvcs . . . , Aiu-Ililtlsh MfB Am .Marcuid Amer Writlnc Paper Air lleiliivtlon Canadian Car C '4111 Car & Kdy pf. .. Charcoal Iron Chevrolet Motors . . . Cramp Curtis Aeroplane ... Carwen Tool Cailwin Still , Kiimrsun I'hoimKraph. I'cueral Dye Henilee Mfp til ' Inter-Lulie t : Knthodlon Ilntnzo pf . . . 'Lake Torp lloat ST I Lehigh Coal Sales ... 7S I Lima Loco 40 1 Maxim Munitions : Marlin Anna "0 .- V fhlplnilldliiK . . . nu Nor Amer 1'ap l'ulji. 41,4 I Otis I levator .11 .Peerless Motor ID I'nolo llni; SO I Itiddea Truck Scrlpps-Hooth 3 I S S KresKe 'l "0 Standard Motors ... 't Steel Alloys ' Sulimurmcs St ,lo eph Lead I'ralrle Pipe Stand Oil California. 3.HJ Stand Oil New Jcrsry.SU.I Stand Oil New Voik.311 Todd ShlpbulldlnK... TrlaiiKla l-'llm .I'nlted Piollt ShailnK I" S Steamship Cnlted Motors fnltcd SuKar World's Kllin WrlBht-Martln Air... Zinc Concentrated,.. v. .. Pin- ( K.I I-1 V4 i i.Mti:pi;M)i:.T 011, 3 ,4 IS in HI) X US 3 !l St 4 IS 3S 3 1 S!( Sll 30 :i is 17 111 311 73 111 :iVi 111 131 Midwest Oil Met Petrol .... Ohio Fuel Oklahoma Kef . Itlce Oil S.ipu'pa I'.ef . . . Sequoyah . Sinclair Called West oil -.Torus (runt.) Vest, eli.s.. .Uk .. lllll K- Ohio. 'Chi M & Si P do pi of . . Chi .V: .Voillnv 'hi li I fc P I . 311 do p e I e S3 1 hlli Copper . ,11111', i'IiI'o Con Cn 1. iii coi I'll,. I - lion.l7". Col I ins iV: i:ii.- as 1 'uiimiI 'Jus . . !I3:, Coat Can . . mil, Corn Predint.-. :nin do pref . . tilVi Clllell)le Steel. .1714 Cuba Cane Shr aia. I Del A: HuiNoll. . 1 1:1 Distil Septuples 131,4 Krle in, liaslon-Wnis. , . 37 1 ! 11 Die Co. .l37iN lien Motors . ..l:iHia lioiidrieh It ! . Ill 14 1 treat Nor pf. . HI!', do subs 3-i, 1 Illinois Central !Mys 1 Inspiration Cop ISi; I Intel lior-C C pf .l, J lut Mer Marine 37 do (iref .... !p,.i Inter Paper . . . 3314 1 lilt Nli kel . . 3S!, ' Kansas city S. 17 Kennecott Cop. 331; I L.lek Steel . . -,-j iLllllKll Galley. Sll'li Louis ,t N.ish.lim, I Max .Motor ... 31 I do 1st pre! . . ill 'b 1 do 2d pref. . . -jfti), Mex Petiol ... tiji-i Miami Con d.p 3iiTi IMIdv.iI.. u(, I Missouri P:ic. . 33!', 1 do ctfs IM4 I Nat c : Cable 1 7 r. I Nat i:i & Stpd IS!', j Nat Lead .... I7T New Vork Cell. 71 ! N V X II A. II. an I'll III, III I.VI, H'j 111)14 - . HIS s:i!4 S.'l, 1 1 1.11 71 li.l'i, l!l, -V.'! I'l' I3' 37". 31 III I'll ! 1 3.1 !H!'l Sil'Ss a;. 113 I3' I Ml 33!', I3S"', iasi 11 tiiij, 'l'.tU M, IS!a I I'll 31'., t!4 m'ti '.'S'S, 17 33' sin, 1 1 1 !4 ami at 33 B !ll'.l miVi, 11 33!', IH. Wi hid .107 '.'4 . 13 . 71. lllll K!4 'li .MIMMi STOCKS a' 3 Alask-i Standaid Atlanta HlK LciIkc lllsbee Cop (a pros), liutte Copper & Zlac. Hulte New Vork Ca & Jerome Con Arl?. L'mma Conmlldatcd. . First National lioldfleld Merger (ioldllelil Cons i4 I 'lol'ltleld Plorenee . . . liolillield Kewanas- . . I Cieen .Monster ' 1 Heel., Minim,' Howe Sound I. dependence Lead . . .Itronie Verde .Ilni Ilutler .luinlio lixtenslon 73 OK II la I II 's If, 1 it )'. 'Mi 3 03 13 'S, ills an 1 IS s at. 1 Nolf ,: Noith Pae Ohio tins I'.iellle M.i 1 1 I Penna It It Pen lias ti C. . I'hlla Co Pitts ,i West. . do ptef Pitts Coal . . Plell C-AttoM... ' Piessed st Car Pullman Pal c Itwy Stl Splint! Il.iy Con Cop. . Iteadlni,- . .. . do 1st n if . . I!ep I & S .... do pref Itoyal Imti h . .. I Vh ' Saxon Motors.. 1 it ' Sloss-Sh S .; I i7t 1 Sinclair Oil . . ! Southern P.u-.. Southern it It. ''I-33 do iref . .. 1 Studebaker . . . Slip Steel U I Stutz Motors. . Mi 1 Tcnn I'iiC -l a'i, l!i U ? Mli'i I Mi Hi 1 1! ' , It'll -r IHH4 lie.', MS S.'l !4 S'Mi 13 II :l ', l!i 33', I II 14 l:H- as Il3" tin i, - M.Ms lll'i Sll 31!, I 13 13 '4 IMi 37 1 an 1 an 'a 1:1 i!i 37s !ls IS!2 ll'i, 3ll's !I7T a 1 'i, 3Hia 17 :i;l Sl'l'l, 1 1 1 !4 31 fit !.M ! I !i ::iith IS!, 33 ! ', un I7',4 II IST 70(4 30 Si !! !'.. r !i I'l, t.T'7 1 Aimlii-I'rrin h l'lim Amir If 1.1' 37""U Am Ker Sei :i'io .tiwr Sin lief ii'i'io Aimr Tot ,t is.. S3' ."nun 1I11 .Is .1 . . .. MS', limn Armour l's.. hft'i i I Aliiilrnn vi-n Ik. . M1, W"l Unit I'hln ,1's. SC, Ml"'! 1I0 .'. S3 fiiill'l 1I11 Is s I'li'si ilo ev I'm 7mH II Ilkbn I! T .'. till" !l.". lii'iil Mush T.r IIMir 3s, 71 l.'llllll llnril-IHU a ss 1' Can lloit ,'is IH2II.. te.'l, .liillil iln .', IIMI Ill auiio Cen Leiiiler tut "s nC, Hum ), a nbi ,v Mas 70 7 ,, 3IIIOII .In iniiv 3s... . 7" 7"'i ' 1 .nun rhi nt w, Kt t. . :.si, :. '. aiiim Ch II A j joint l ICC, I'.'Oi ua't lll-'il I'll In. I It Wist III 'HI .il "". ..I'llil C 1USI' un Is .'Ss 7i'i 7.'i O"0 il.i .1 Mas .... 7l'j 7l'i I11111111 I'd It 1 . I' rf.l Is. '17 fill". H1111I id, 4s 77'. 77'. i'llim Col 1 11. 1 .'. 71'. 7l's limn Col K- South IHs.. fi'H, li'i'i 71111110 flu i,f purls lis.. S7 sip, I111111 Culiiin-Ani Sim 1'.' Inn inn limn Corn 1'ro.l 3s 31s. lis lis 103 11'r.niti It'll 3'as. 11" mi's si (in Hi 11 CI. ilih .',.. !i7'i H7 aisio lliillnn.i Sin I r.s.. S3', sj', 2111111 Int. rl lei i, . 33' ..:,' I Ine 1I1 It T f 3s v s 11711110 bit' r Mer Mur i.n. nl', tfil'v Tii'i'l Kim I'm So 3s . 77 7.V. anon K Cili Ter tl Is ;' l.k Sh in li li .11. '.' Llir ,V it T ,".s. . .. 3,l'(l"ll l.llsTtj 3!is . . . SSS"llll iln Is ISIIIMI (III . Is . . . 1 null l.vnns ns syi, ', 1 M.nihitt ill Is . . . so "limn M.irs. Illi s fis .... ss I'linn J 1 w of I'lil 3s S3', '.anil Mn I'le u 111 Is. . ."is. tnim Mnnt I'owr 3s... Ssth .'lied N' II T. X A. Mi X Us lid. ITiioii v v c II Us n:i .'"'in X V I'llv 4'is Itl'JU I'" .nun ilo ll-s linn . . 'ill's limn S'V I'll 4'is Mv '37 I'.'.S 11111I vv It's II P 3s. S7'j V V U' ."is .... 1st, ,111111 Vor I'.ie 4s SIH limn p.ir'ii, T.'t ;,s . . iiji, .'tniin ilo ,n 11 I'ss. . so .'tnnil ilo i 0 I 'lis . ... lis', ISOO'I t'lTi' lnri'ji'lle 3s SOS, .'i'llil Ufiillnu vn Is.. st, lll.lil It. 11 I f. H .'is lis vnim Sltlel.-ilr 7s Ssi 37111111 1I1 rt.ir 7s . ... at aiiim st t. I M i: (I Is 7n' llnnil si t, S I Sir A. .''' 31'lHl ilo Si r II 73 IsMi'l S'.il'il A I. sill ,a .V."i It'i'i'l Sotltli I'.n et Is . 77's '.'noil .l.i evl ,',s s'll, I'l'l'in iln rM Is s. :.nt"i sonih itwy cn is i.iej Mil. I'.t 7I' i.'IS ii'i'i Ml'. pill !'s !'7 111'. 711 si. li. I tis 1 1 (it on ' "0 li'i.tiii n.'i.so a'l.nii 1111..V1 ii 3S iw.iii s7'a vTt I'i'v I Sales, in Philadelphia un !i IHV& 13'S. 33 ia III 37 '.4 ii JS"! 3H 'aii ll'i nil Vi I1M1 .11 ni'a H.IS '"I !"1. is', 113'- iiS M'a 'is ssi, 'III 7'i "' SS' I "P I I'-l'-B ("I !"1' miv, VM SIS !l'."-i S'3. n.'r su', SH, 'Is ssl. Il 7'1'i lluh Isiw 30 Am Cos. HI Ht 30 llrlll J tl to 5 Comb Irn In Con T N.t flfl' 80 Mice Stnr PMi III Dlst Sec. I'M. Ins C NA .. SO Kenne C 33 ' 1)3(1 Lk Sup C I Hi II.M.eh N'av (II audi Val. 37 14 N I 'en nn. .. 373 Penn It It I'Hi lo Phlla l'.lce 3.Mi 30 P II T I e 3S Ton Ilel. .. 313 Ton Mill, a'li S3 Cu True. 1 1 1ft 130 C (!!.... Oii'i '.10(l IT S Steel S!4 War l&S. .. W .1 & S. . Ml) W Clamp 7314 130 Vork It pf III '4 tljllntatlilll Klvell IIONH lllktl Slllllll llelh Steel 1st 3s. Slli'l mini) City Is '.IT K .'nun Interstate Itys Is ll'i I noli Key Tel 1st 5s. h!i I nun Lk Sup Ine 3s IK'.i 3700 Lib Ponds 3'jH... IIH.0H tit. HO Mini do Is... Ill) OS. 10 730 do 1st Js 1111.30 liil.M looo phlla Kim 1st Gs. li.'.'.i Mil liKin P.cnd'itK Kvn I s 1330 St I, S I' tem Is ... Sll 33110 ilo temp Ine Us so lion do temp adj Cs. 01 Set rlofe ci M 1 30 ' ttor, .. Ofli.4 M 4014 'i I iiV 1 1 Mln 33 I ! Illi ' (11 31 li -'i Mli - ' !.Mi 3S 31i ! "i " ,. ntii - HI!!. tft . t'.i ' TURNOVER OF STOCKS IS UNUSUAL! SMALL ON PHILADELPHIA EXCHA Transactions in Home Issues Confined to Odd I and Price Changes Are TriflingKeystone! Phone Has Good Year ISli ai 1 The local shale market was smalt and uninteresting today. Only a few, odd-lot transactions occurred In the homo-Mocks Ciat channel! hands, and price chanites were few and trlllltuf. Lake Superior Corporation Rained, a half and Vork liallwiys preferred lost 11 half Penn sylvania rtallroad, after Martini,' un champ d, was a little higher at MU. Other Issues In which small sales op curt cd were Storage Hattery. Leh'ch Vavlnatlon, Millailelpliin Llectilc. Cnlted Has Improvement, Cnlted Companies I New Jersey, William Cramp and Itapld Transit trust certificate. Virtually all transactions in these stocks were nt last and they li xo:!i .IK 41'i K'.l IS'.i N"t 1 Ine . HO'! OS 14 8 I !4 Hlli 30 01 41'i S!l IHli D1.H0 tl.l.SO . JII.30 . 0314 '- Hlli :,fe . . Sll !':", i'i'. ilo 3s i'."i nniin T'xss c,i fis ;'. "lion ftiili I' A l.t w ,1s sVi r, 1 i" tf Itii'iiier 3s.... 7n'a lliliil I" S (loM Is n lo 1 1' S Sl'l s f s.. O'll. 1:0011 t'tilon f e 1st Is . ss s,'s s f K of l II - I 3 "'' "'. 1lnon ilo 'i'ss I'H'I . 'IT'. "'I't simin il.. 3's 1'H'i n. iv l''i' "' imoo .10 Jim 1'i'M . . '", '"'- 1 V. Iiv ',s . 'll. "'' 110.11 W.St I'lerlrle 'is. Ill's '17'. tnim w.-st Colon 3s . !r.". H2V vi', tic OOS ss IS'. 'I?'. I'll III' ill ll-l INACTIVE PIIILA. STOCKS Mocks listed on the Philadelphia Stock I KxchanRc and In which there were no transactions today. ,Tha prlco Riven is Follovvlns nrc quotations for inactive the last previous close: ,1 rt ft ta S 1.1 !!i - IS as I Leaf Tobacco Statistics 'S'll'lSTO'. I'iIi C. Spitlrs n' '.if lob.ice" In-Ill hv mnniifaetii'ers nm' lei. I.rs III lb.- Cnlted Stl'.-s oil llimlirv -' I. I!"S. as iirepai.-d bv the Cnlted Sl.it" 1 lliiieau of Census, show licit the in.-iri"-I irate amount was l.l" 21 fiS pound" ' eoniiiared with 1.04 1.Hai.inst pounds on I.muaH- 1, 1917: Line, 133.373 pmniils 'ion April 1. P.H7. and l.lSl.orill.OSI It , pounds on October 1, Ml". ' tv's ilose. inlelit h closlnir nuotatloti; s jesn endell Hu. session without materia! change. Sttel sold off, fallowing the forenoon trend In New York, but took an upward couri-e In the nfternoon. One small sale of Distillers' Setur.tles was refolded at 4-, off a full point. Lehigh Valley lost more than a point. Outside of Liberty Loan 4s. the dov ernment's new war bonds did little, but all of them were lower. The stock list committee hart todiy admitted to the mil sted department of the exchange 23,!i85,!)".'i capital stock of the Philadelphia Klectrlo Company of Pennsylvania par value $25. counter signed and registered by the Continental LVpiltable Title & Trust Company transfer nguit. It will be printed on the tape PN. Tlie Land Title and Trust Company ' certiorate of deposits of stock of the I Philadelphia ' bctrle Company of New ;.lcisey will be stricken off the unlisted ; di p.ittment of the exchange at the closo of business next Saturday. Commenting on earnings of the Key stone Telephone combined statement for the year ended December :ll. Ml", which showed gros of fS39,S6ti as compared with ILIT0.lt.; In MM, net of $TI7.IM as compared with $ 72.1,!) 2:1 and suiplus of $II2.1TS against (.199,823, President N. T. Knlvvcll in Ida report says as follows: 4 I Vm fins Wnr.. AMIanri- Ins... 4 mer .MOI vni'T Itwy ... Itwy rL . III i an HS 33 'mT Htrres m r stores T)f. ! Puff ft Siisi r c Ss iiuir t. sus'i pt iii ''hill S' ' U'." 'iitawlrsa 1st pf 32 . 1n Asph.ul I 1 den Asphalt nf la's lit II T 10 lit A- II T nref. 17 ICvslon" Tel. . . fit KOBtnlie Tel pf 17 Kty Tel Ut lit. 17i I ih rtl Tr SO t.'h Val Tr pf :!7'4 f V , e l.en .-s:v ''s"- .. ,, (full tial'b ";' I.. Il Nnv wr T 1 J Lit Htos . .- r-J l.llts SehUvlUlll ;-l Mlnelidl . . 2i!? North Cent ... "' I'.i Salt MfB.... M IVnn Tr.lftle .. i I'llll.i Co . .. ?' I'l.ll.l Co pf... 35 I'h'la Co rum pf .I'i PUT J.H Phlla Trueilon. ij'i llwv Co flfn . 4 . ti H Ftert tlf...M0li Ve"t Coal n York liny ' "The-year just closed has VM, presented the most dlflleull , ever inceo oy .mcrican Indumsl Kiently Increased cost of ..rl"l every channel, the scarcity of Sj shortage of material, logon,.," 1 hugely augmented demands on. c lines, nas i.iiieu ror tile utrao.l nultv III managcnienl Yet vl Manning ine perplexing condltiZl rollnibni' Us. the lnrri.n.. i .. m of telephone stations has bemVl est since 1900, with the slnttJ in .r mm tl ,. . - r, '"", ."',n ,.' "J .' Ponio, , Al" ..'.. ....... .."".; """ m iiinii inu kii".lii oi siaiions. tvI '.eon true, not only over the ? voted to Industries d'rertlv nr k?l irvn titi'f fid vtt li ii'iih i.il..i,i "'ll our linoH In ivciy iltnctton aVj 1.1141 1 I lMJ '"A "The contract for the van . cess conduits by the Ph'laildptkl trie Company wns finally at.1 the Public Service Commission hi and Is now In operation. I "During the year the total CiiL pnil lures w rp J371..U. A Ui nf that amount was provided out InCe cred'ted to the renewal r I'll... I -I.a l.ntn.i.A ...... .... '' e sale of bonds of the comcim. amount of $100,000. This brw total of Keystone Company's W to dato to $, 52.1,000. "In addition lo rapidly l r.l.1 rrill.i i rnnts wo ),ne.. l.n., . -.,... ...... ... .... .....,.- ,...,. ,.. very large Increase in taxation hi and general public purposes. t"l ,.,...U .... I,.,u I....... . 's I e serve. 'I "The 1M7 surplus was dim, follows: Discount on bonda in ainieii to renewal reserve 1 .7 added lo surplus, (100,(107; rZ, oiviuenn oi o per ceni, SI16 2t1 "The surplus December 31 iih SOfl.lUT, nr n total of (1 02J,fif. w men was oeoucieil zh nor . .1....1 ...nn.....i ... ... "l "'". i'.ijv. nu uiaiiii'iuve I.. ' ' log balancp December 31 luTi r.o,s . m IIAK SILVER I's TO'I.IJ' Ye i.ni'ii..n (tf'' ) a 31 N.York I. Is ) Mi' Ml' in 23', I nl4 P !!. mi's, mv; 3S',i, 111 33 33 3 . 07 IK 37!i ."! 117 1 14 311 1 113 Is. 111.1 U s.lli S3! ,1IH 4 33 i us ins. 3 I'S, Hi Lust ll'ts Weil. Ilk'll I.O." 431, 431, 41 Mi1 no's sii'n INACTIVE NEW YORK STOCKS Following nre ouotatlons for lnactlv ' New York stocks and In which there were no transactions today. The price given 13 'he last previous sale: ! AO'im" tlTriri-ss.ii.. M.inlnitti.n m 33", '!:! 13H-, 33 77!-, !)'! Ill 131-i :I1 V, Mil', 2.114 3li'l 33 , :l3!s 11 1! 14 Tcmis & Pat'.. 11-1, T.aiih Co ....I.7K "iiiaici Pi ol. ,-,.i Transue Win. Ill Twin City It T. 3! 3!4 fit II ails 03S, 111 :! 7I, 33 l'i',4 till 1.1 '', 1 3! 4 3d !4 Hl-i 331, 311 , 3i; :i3! I II I'i Hlli IMi 137 31 10 fi.1! II I 371. s li'.vj, as II? r3 33", K '.'S, 71", I 33 HI"', ', illi I 13 I :!i !i 1314 .. 31 -1- li SI 1,4 33U a. ,-,.11, I, J 3J i), :tl! "s Hi'!', a, I il (4 i, I1'i - li 1.7714 Hi 31 !4 ! Ill , Aavntim Hum.. ..!': M"c I'et nref.. ss .dvn'"i Hum pi ;' 1 s I' s s .vi . vipi Aliv l!ul.l."r... no Mm , s i, nsw u Am Acrt lietj. 7. M .si .Ja j) MiJ Am Cnr 4 V I't-W' Mleli iVntrnl. . .Ill) Am Impress . 7'l Mo P.ie ctfs... 41 A 111 Mult " J .M"iil Power . . 71', Am Malt pr;f.. 31 Morris Jt Ussex 30 Am Hrr-lt pf. . lo.4 vat Armo 39 Am Smlt rt A oo'ti .V..t liist-ult pf. 1,111 Am Sin.lt II"."1' Nat Cloak it St. 30 Am Sus.ir pf .ici'l Nit cm A s pf 1110S Am Sumstra pf M N.it con K rid. t.'.ii Am Tot. pf new sil .Vat Ln St pf 1111 Am T ft Cjl'f. ..1 Nrt I.e.iil r,-f. Ill) Am Tl k Tel. in. 1 y Air llruke 133 Am T ft T 3,1 pf I'2tj N n Tx Mex "O Am Writ Pan f '.'t N v I) .rk .. . 1114 Am S'll.. J. Load N 11 v. j. ,,f , pr.f H'4 N It II t 3,1 Jlf .,. Asso f O lt Pf r.'J. , NV.rf ft Somh. . :'1. "i ' C.nr.f, . vv,,,t t 7S'. 4414 ell i:c. 4S All tllrm ft All s'J N-or,i, Amor . All roast Line s3's Ohio ejus lets ..it.'. .,"11, or'.. ." .nio I uel Unit ft Ohio pf. R.1'4 iim sii. Ilarr.'t C. Pf. ld'l llveliln It... uimrllis Jlln.. t nwnf pot nf i,ls llrklvn tin nas lnx Pan-Am Pel nf nn llrrwn Shoo ... 113 i-nn-A n P prior llulterlok IflU pref rt '"" as Cnl Parkins f'i an p,',lrH i;Li'' ,114, rent s Am T. .11514 p r r j. V L no rhl ft Allnn 7 Pu'j Ni-rv (So if liiu Chi ft Almn pf 2.1U. r....,l nB 2,1 of 37 rid ft N W pf 13'1's St L I H T ' ill, rhl ft (!t West . C, St I, ft s l- i'f' Al cm & nt w pf 20 st t. ft s v 33 flllctt-Phd pf 111) .iil..,sr,l A I, if iilli rol ft South litis. ,,, Itoohu,-; V-, l! roi ft So 1st pf 47". si-irs-iin. Jif Via Col ft So 2.1 Pf I'.'S Shnttui k AHi." iti romp Tab llee 27 S . p H Suear..l4S MONEY-LENDING RATES i;w YOltK Call money opened to day at 3'j per cent for lending and re new'ng. The Influence of the llovernnii Id's un t.retedeiited war operations icnulrement.i continues to be reflected In 11 Mulct market for time fund-. All the arbiters of money lates nreouletly bringing p-cs- lire to have the monetary position made j as ll'iuld as possible on opcrat'ons non- I -ser,t?al from the war viewpoint. The trading late today on t'lii" loans 011 Industrial collateral was ('. per cent. I A iiuulatlon of r. ' 3 li per cent on good mixed secutlt'es was nominal. Prime bank acceptames aie (pilot at t'i'i it-V ner u-'i for prhnu nTntiber ' bank bills. Prime mercantile paper Is Inactive at S'j'iiii per cent nominal figures. PIIII.ADI',' PII1A Call, per ctr.t: time, f.a4 '11 fi per cent. Coinmerclal paper, three to four months, ri'4B4 I'er cent: six months, 3t Bai per cent. I.DMION Jlnney on call Is un 1 banged today at 3'i percent. Tho rate of discount In the open market for short bills was 4 1-32 per cent and for Ihrco months bills. I ,', per cent unaltered. L'ndcrwrilinj Syndicate Dissolved Ni:W YOltK. l'Vb. 6. Tho syndicate which underwrote the (10,000,000 of one. year ! per cent notes of the American Telephone and Telegraph Company was dissolved yesterday and checks were mailed to participants hy J. P. Morgan & Co. The prnllt to the underwriters was in tlio neighborhood of 1 per cent. GOVERNMENT RONDS 21 riclKtereil 1930 ... 2.1 rnui.nn 1II3D .Is reiilHtcre.l IMS ... 3. coupon ll'ls 4s leslstere.l 1923 ... 4s coupon 1923 3s reKlstrreil I9IIJ .. . Is coupon lliin Panama I's rruislered Panama 3s rrgtsteroil Panama 3s reRistere'l p.inuma .is eoupon so .. Hid Ask .'... I'"'. US H7'i .. tm mi'. nil nu', in', lord; iii.i liifi hu so liinn ... in;5; .. lii.is . . . i.is-i; . . noli ... so LONDON STOCK MARKeI Tone Irregular, Although Son I partments Display Firmnts LONDON. Keb, C The tone J m'h'k exciiaiige marKeis was mt today, but sonic departments irl ! tlrmn s Orand Trunks vver ll I on i t, ctlons that the road tit'iu' . uy ine tiovernment. iirazin.-in iicscrintions vvavml cause of the adverse position A tiu.iiKe, ouiwuMsianiiing increasicrl '"r"in '" ne-'oi lium inai countfr ' Chancellor of the I3xchenu'i nnnnuncement of the nnnnlni...! committee to conduct a Governmel ijuiry iiuo ipe (icsirai)IIIty of cottl amalgamations brought about a rol in oani. snares. Shipping stocks wore strong. IOREIGN EXCHANGE NT.W YOltK, Keb. 0. An Inactive fi.ielgn exchange maiket was featured In tho early dealings today by a slight shading In French exchange and con-' tinned heaviness in Italian exchange. Scandinavian exch mgo was easier. Sterl ing and the nsl of the market, while dull, showed comparative steadiness. ' 't' 'lis vveie: Demand steillng 1.7." B-lfi, cables I in .-.ii. .inety-day hills nominally 1.71 ''4 : sixty-day bills 4,70. IHli COLLECTOR OF INTERNAL! RLVLNUE for the First District of Pennsylvania, in order to provide additional facilities for thel purpose of rendering assistance in making out and tiling income returns, has assigned several Deputy s-ouectors to tnc up-town office of The Pennsylvania r,... 4"' T .. r . . suuijiauy iui iiisuimitcs on Liives and (Jranting Annuities, at tlie southeast comer of Chestnut and Juniper Streets. This Company also offers its services in assist ing in making out returns, and will be clad V furnish such information as may be required mI application to eitncr otticc. THE Pennsylvania Company for Insurances on Lives and Granting Annuities S7 Chestnut Si-i-Mr Southeast Corner Chcstnd and Juniper Streets j STANHAItll 'Illinois ,0111(1 imiki'i:mi:nt mi. Harnett Oil & lias j Cosden & Co Llk Ilasln Federal Oil ' Inter 1'etrol i Houston Oil I Merritt OH s.-.i.'i. ...... i,,.- ,. .. . i.iii v ,. .. .i.i-.k i.i h i.l'.L . . I on u tl l. 1- ill sinnn Mill.. .. u.i. .1 "i ; M.iv-illY ulna t.iv. ..tiyiiiiw, I""''!." .. ai ..7 33 ifniterwil Tvne.lOi Inn:, in. . f eint Int Cnl M 17 Sluilrhnker nf . in . l.V.o,. , .il.les r.7011. .hecks 3.7211. .""m!" : Snf"rir..::::.-M .. 2S ! -!.... i....., ...4 n.i,-,i :.T.rlrr r.fv r.'. vww-vshI " -1"-ss,j'-r ?-?j,- i ,. Mines Co of America II' ii- "" l'111 "' '" -t! '"3i I '"". ' . '.-n ""'' i. iron pr 114 .-.i.-s eana-M -i.i.., tin-. or ...... , " v!"..a '..,.,. A,1Kr"a' ''" '' I t',,1 (.,. suaes nibK. !M.1. n 1 - .""." I"" rf. 1 Jff. .''":...,... H ' (iullder cables 41. checks I3ii. ?,', ?,'.': Nevada Wonder "I;;- 111 1:1- " I Cnlted Fruit. . I3S!, 137 Ut,-y. tieir'oit rd'iiori'123 T gt 1. ft w. , .: 71; ! Pesetas cables 24.15, checks 24.0.1. 1 .is ,, ..,., '' 1 c s C Ir P& F 1.1 I.-, ii Home Mines 0 Is'LWctfs su l'liliio rallies nominally 13!i. checks ' 1. '1 'ill Ohio Copper .'.'.'..'.'.'." )'J jj 15 I Hind Alco.lSKKj l-vii I3.vr, ?', . .:riSLMnrpre,Lt' l'5i? T. m l' '.'Il nf rt. lit ' ,, , , ,, , , ,, j Clliiiiii ?" ' . " Cay Hercules 11". 1!' ii C S ltubber ..3H, 37 37a, at , r.d M ft S pref 2S'i ! ndyrwii t nr . lnsv, Slotkholm cables 33 U. cheeks 32',. H '""""" """"' UIIUHf JIIUIUUU rilUIl ii',. . .. " Tn- :.:::: ti" m-"-,!' .u0iiHti.M..tou io.H ..; lafPi: iniiiypwi'ij" '" -u. checks .,. ii io -1 Tonopal, IMenslon.. m 1, C S Steel M! l i.?i ,B ""Prf '"" InU, . Pap n'rd tk ntvif rtPniT! P ,0 '' ",, CnitedVe.de 37V-i 3S!i ,. ,I" 'lM I KIM. Ilo'.i ll(M,a (j ft'" X ;;ni!,,i it'lMJv? 'Jlj HANK CLEARINGS .,T ..'," .,'," We t Cud Con 73 so xt I tali Cop M3'(, sil!', sji, 11-. 1 tlnriman Corp II Js'CTs',1!, Il.mk .learlnus today compared with cor- ts ;' ,'.s tU wi,..e oaks ....:::: :: 8., w.,Hi,nf.iA. i, uj, ..!. ! fi;v f:,,-;! : r p " " -'"""'- jir,K"iHi '"".pvi-"- mm m While Caps t, u, k. 'ren it I!.. Ill I.Vts l.T! '; , Itomi-stako .,'.811 ', 5 !,n.J. ,'." K -'L'.l I'hll.i . .jll.'.n.2.43 J37.1i3il.3S2 ltti.43s.2H2 H lYeiinulon in 11 "' 1'rct 38 37 3s -r'! , Inter Cons rro 7'; ,, G ;::2 ,'.' !mD ' Ni w Y'K Ii2l.273.7ii2 7..n.4..'.-.i:ci ii:i..h.i.iki s ' " " ' " " West Marvld . liai ii.i- na "" "" N J. .121114 ' i.,"'Vy Imp so P.osi.,11 . . 3(i..nis,722 .1s.n4l.3o an.ltiit.tu B IIONns ll' 1 . I P 1 10, .,;"' . Jnt Nilk" p.r" ,n f tf sTll iVrf ui ll'Ubnore .1.3"3.:is2 7.2S4.1i7n il.337.llsr, g 1 imns West Pac It K. I1 1117, hit, , :)' lima Central .. 2D 'iih s?n Cnti, i' i. Luuls 2n.1i43,ilnii lti3,lli; 11,1117.011 p ,,. .,, est 1 11 1 ei . , ii. nil". 1 )ti . ft. ' '.'.':.' ,r,v .... .res v ..nn r Jt o -.si 1 ' " i - 07!i Oiri 07')i Westirhho .Mfir. IH4 ma? ..T.' K'I'r'SPfliK. 44. . n-'slsSR C 'J ft 1 " !" " Woolworth ...ntiil 1 no i.i?Z i?, nTe .il" tP ::V!h vi "' 2.1 ' , It " ; do pref .... Ill 7S!i 7!) MHk.fr. ..''S ,,?.. . '" 30 .. wis e-enti'.',l -is -.'.,. Vnelenv Co prf .',7 VVl.li..' t. "'..,' . . DIP! I. U7C. .. ' "' ..IS S3 .. . . OS till . . ' OIL STOCKS. . .1HS 111.1 ..330 333 cash working capital 13 i.i II 21! Ill 3 13 13 23 Iletlileliem f.s Cosden oil r.s , 1 Cosd-n & Co Cs . . . , Sudahy Ss IttlSsl.lK liOVt .HjS. Uusslau liovt r,!:s. Southern Ity Cs. . , . Sinclair oil (is I Todd Shlpbldg Cs. . ikV "'.., "IS JlEA Certified I'lilille Arrountants LAWIIK.NCB IS. IIKOV.YN 4 e:o. KUTATK TIlllST lll.UO. it JVDJItH'l- li.liTtei.dillli conponvnoN' & uisputkd Accoi-.NTa r'WVKUTlOATB ,'f .- S1ort-Term Notes II7S 113 US' 11.1 i IT 0314 H'lsf . Ull4 Is Inn IK 'l 'III 11714 Ms ill 21 1U Ji nui ID 00 to nrn i v 'is loo 22 S3 Ask ' 111'', PUS 4 n i Hall- per cent lJue l.,l 4h PaIIhi. till.. T, Sen. Mil n S;Am T & T (ub) 4W Fth !!) ttn i UT ,a"' Jilo,... ," suiy - nil's 'J. BAlto t onio,.. n juiy -in nm: Iittriiensm meei. a ' lirooklvn Ran Tr 3 L".Cnailllin Pae Hy 0 7, e n i n ii li.. 4 tn' H'lwin.. B OKris llHllroad... R lvOnert Klectrlc. S'i.llrnersl Klec'rtc. Ullnur Harv Co.. .'. , Nevr TorK i eni. s lONew York Cent. lav n y n it ii , r , ! 'iA j'annivivann .;o. sin . "fcPuU Kerv of N J f. ,ilUm Arm it M C 3 liHouthrn Ity.... '. .,,. .. n...i, fi '.It ft UiiltlM-r. .... II Dee MM liui iiu.i' llAr''1t,ah Mm-i.p Corn It Henl ". us ..? If-tW-" " " "" ""T IJ' .hlJHK.lU.-. UU EltAHK.Vr PECUIlITIES tVAm Yirln See, 3 Auit '19 titi. naio.r ren.-.i. ,, ,, -, -.f now crnllne Qov., 0 May mi Hv. of Paris... II flet 'l kT fP'i of France RVt Apr Mil ln nnvl,,. nui June 'ill 411 lan riovt... 3H Dec "21 411 or Bwitier, n Mr Ml n-iK ,"f "vpr s Mar '20 n, C of 11;... s Rent mm put, or .- ..,, j S--Y I 'l?4 'OI 4 l.s,4.U- iSOr '4 V4Sb Kept ! July July Fell July Mar July Auff Apr Fell May Hept pr Jun Mar Fell .Mar May Dee Sept SKCUR1TIKS AT AUCTION NEW VORK COFFEK MARKET DIVIDENDS DECLARED J.tAtnZLZ NHW YOltK. Feb. C The market for I Amerl.an licet Sunar Company, a dlvl- I securities today by Haines .v.- Loilaml coffeo futures oiened at all advance nf j ''"I "' s P"r rent on tuminon stork for sold at $150, a decline of (he point's from 4 to Jl points today, with moderate '".,'. ,'"',bl" "'.'our """'v Installment, haat previous sale. A similar decrease . ,, ,, 1" - p" '" '"e leuuiar 'lunrieriy or i-, was reco.deil in the stocks of the X..nh per .em on preferred wan ubo deelart-.l. Philadelphia TruH Company, which payiil.le April 1 to stock nf record Marti, in fhanKod hands at $15. Second and Kludebaker Corporation, rouular of 1 per Third Street PasaeiiKer Hallway al ent on common ami 1", per lent on pre. vanced a half point, to 217. letieo, inuauig Aiarcn 1 10 siocll or record February 20. weatern Paclnc Itallroad Corporation. Ini. illvlilenit of (1 per lent on preferred lile In nuarterly Installmrnts l.ecmnlnie c-j .May Uept mrs 474 Y ,"". ' May Dpi Kirs pf !)sV Worllmn V ft r ' Man.nl. nn Hch 1 pref i .... . ' j. NEW YORK BUTTER AND EGGS I NI'.VV YOltK, lVli. II. IlPTTi:n tie. B relpts. I13H tubs. Market steaily u.id firm. H tjuot 1' "tis urn hmicf il. ... Ut'.lJS IP eelpts, 2710 fuses. Weak. Hi. fi in ii-jis rn:i.-! extra tlmis. H141?n3cj a Mrsts l.il'-j lullf seeitliila. ri.iHOnr. white, g , id 'n i!3i . hriinn, Il3uii3c; mixeu 1010m, 07t i.'li . t 1-4 IWt 1 , i,r,t.-5iW.iTiiffi I r- trill t transactions on the call All purchases and sales of itrcen 'f- fee on the New York Coffeo and SugarJ Kxchamse for delivery tlurlmr tho cur rent montl'i at prices exceeding 8I30 n pound for typo No. 7, New Yoik Cof. fee and Suttar Kxcnanitc standard, with the customary allowances for other U7t mi'i Hsu jji,, (trades as provided by the rules of the 0,vJ exchanBc, are prohibited and all pur- ciiases iinu suies 01 Kreen cuueo jor tie livery In months other than the current month at prices that exceed the quo tation by $'0015 a pound for each and every succeeding month and Including tho months specllled for delivery, are aiso proniiiitcti, lno loon irm II7S 11 -1 nu I 02 7 H'ffl (I II., .4 D' NOV 'XI ui Oonvrit).lft Into onK-trm bonda. 1)7 sin; ,3 7',; r.i. 4.1 Inn lno nu T. t)4H fijGrnu!ateu Sugkr Unchanged JUIpT YOHK. Keb. C The refined r. market -remains unchanged, with rWnKre daffies iiuotinicnni? Kranu- ' IH' ..iHi ..iirper compmiy Au,iut . , . H' ptember Oclobtr . . Xovemuer DcremlMT February March ... April .... May Juno ,... July ..... T.xJsi's opening s'JHVih.bS S.SII li.'oo' 8.V0 s'.4s's!ii 8.iiowV.ii lentrrday's Cllise S.ll'J4t8.70 S.711W s.sn S.sillis.S7 S.UlHiH.II) S.II'.IUII.IIU 7.li.17.l)s S. II, MS. OS N.24hs.23 h..h71h..is H.S()VN1I H 110 tf 8.(11 Chalmers Motor Reduces Stock NnW YOHK. Feb. C At the annual meetlni; of stockholders of the Chalmers Motor Corporation the plan calling fot the reduction of the capital stock from 522 000 shares to 400,000 shares wen ratified. The reduction In the stock doe, not change In any way tho present out' ttandlm: shares, a this 132.000 share. 11..1 i I 1 ''nary 20. The aeron.) pavt.ient of p. r rent win be made April 1 un.l the uthira v, iMuni iiiiiuuii. auir 4 umi JCl0lsr 1, Klnca County lilettrle l.lsht and Tower I Company, regular quarterly nf 12 a ahare, I payable March I to Block of locord I'i b ruar 13. j HnnieHtake Mlnlni; Company, reiruiar I monthly of tifty tenia, payable l'tbruary 2." Ni atoik of rtconl February 30. lfartman C.nsiratl..n, ouartrriy of SI M5 pavable Marrh 1 to fctoik of record l'ebru- llealrlee Creamery Oimpai.y, resular I nuarterly nf -JVt Pr eept on common ami ' 1. per cent on preferrt-J, bolh luiyable February 13 19 stotk of record lMiruiry fi. American Smeltlni: anil Itetlnl.iK Company i regular quarterly of Vi per cent on torn-1 mon mil lk per cent on preferred. Tlie common la payabla Marth 15 to noek of jeiord February 20. ami lha preferred March 1 lo mock of record February 13. MiTC" Exchange Firms Elect OOicers NF.W Y'OHK. Feb C At a meetltiK of the Awoclatlon of Stock Kxchance 'IrmB, held Tuesday night, the following 'Ulcers were elected for 1918: Presl lent, Albert McClave, of McClave & o.t vice president, Sol Wexter, of J. S. nache & Co.; treasurer, II, IL Wlnthrop, 'if Karri', Wlnthrop .& Co. For bov. STOCKS 7 alira, National Hank of Malvern, Malvern, Pa.: par ttnu j-,, 30 shra. Guarantee Trust and Sato De.si.ll Co.: par1 lllll) 131) 2 hrs. I'mvlilent Life utul Trust Co.. par tll'l) . ij.1 3 ahrs, eurant Trust i'o : par Slim, sno 1 hr. Ileal llatnlH Trust Co. pre. ferred, par lino lno', 20 h. ItltlenhoiiHo Trust r,i. : ,ar 23 ahrs. Phllailelphl., I,f,, luauraneo Co. ; par $111 io l, 3 shrs. Seion.l un.l Third Sin. Pas. Henuer Hallway Cu 2I7'i 2 fhrs. derma. i Theatre Itealty Co.: par IUI 31; 40 Idirs, United lias nfld Lleetrlc Cor poral. on nrai prererreu: par luo ., 3 ahrs. Youn-Smih. Field O. pre ferred: par I luo 4fi W llO.N'DS SSOl) l'hll.idelplila and llrlstol Water Co., 3 per cAnt, First mort care. :oupona January and JuTy. Duo 103.1 I'OOO Monttomery Transit Co.. S per rent. First ami retun.11.iff morl Bane, Coupona June and lie. itmber. Duo 1040 Equipment Co. Increases Capital CHICAGO, Feb. C The stockholders of tho Chicago Hallways Kciulpment Company have authorized a stock In crease from I2.ri00.000 to $2,000,000, nod the directors have declared a dividend of 20 per cent In. Increased stock and an extra cash dividend of r per cent, pays m There are twenty-three Directors of Tlie Continental-Equitable Title and Trust Company OFFICERS JOHN I'. SKIil.l.l, Pre. 1,1, nl iiiN5ViA,i,Ji'io,Kl.'.''1IVV' VlrV-ITeslilfllt .IIIIIN VI I illl'l'1!,!, lie-l're'.lilenl t i!!l!5i U' KlW.'iV"'''--'''-''"' " I l" I'll I CH ... see. A Treas AI.FHPII HVPtlos ir.. tiii. i!i.A """ IIF.MtY I'. STITZi:i.l Trust nfflVrr ,,.!s.!a,"t-V.'.l.'l:!'.N'- 'leal Kstat" onfr, .,,,, -- .. Olllrer DIRECTORS SAMIICT. AI.COTT I'.nWAHD F, HIlAI.i: Ai.Fiti:o n. imiiKi; JOHN M. CAMP1IULL JAMKS Jt. DALY THOMAS UKVI.tN CIIAlll.US !. DltltEniNa JAMKS A. FLAHEItTY HOWARD H. FKr'.NCH JOHN J. HHNDIiltSON ANTHONY A. HIltST 1IUNHY O. l.OUUHLIN The Continental-Equitable Till believes in an active directorate Its 10,000 depositor! believe in it WILLIAM J. MtOLINN I'l'TKK F. MOYLAN, Jt. D. PATHICK O'NKILL MII'IIAHI, o, PUK.'K WILLIAM V HI.N'NUTT JOHN V. HKKLLY JI'.HHMIAH J. SULLIVAN JOSKPH c. TItAI.VIJit JOHN It. U.MSTKD UtA JLWELl. WILLIAMS AUUltHY II. WBIUHTJIAN e and Trust Company CONTlNENTAL-EdUIlMLE TITLE-TRUST COMPANY Twelfth Street above Chestnut PHILADELPHIA ""-rv-o cP,f, siannnnn s,.rn... It is a patriotic duty to' in crease produc tion incident ally making extra profits. J?J';-,Jrn-!a3uuUt-W- nn.t held In the treasury, rnors. Messrs I'rarl. Turnbuil, Hodcos. m' jnn,ary ,g to stock f record' 11, " " " " Surn'" Hi- 80 ' ''lSnrt- . f - '',. und 3!ar.tma,v ZSPJ1 lgjj HiMillp.ltluiiiJ J ' Brlue4'''& tfe'r-'l?, 1, ", ''' v'iS1, '.tA T. .- lit k.T'V- ' , ,.,?-- Y 'J-J- IUZ 1 9tmY """IIIIMitlMimmum Mil mniMliLllillll I Ml v. Ms mil IiMMii I i1 r ilil T iM jfilsTT i liifi i iTiTVetir ii,- , 'ii? ' i I Ti. ill- ' n?tf1-Mi lilrVirlff b)M for Manufacturers and Wholesalers Worth 20,000 to $1,000,000. ciiiiiiiiiiiiniiiiBBiiiiiiiii iiiiiiiiiBiiiiiiiiiiimiiiiiiiiiiiiiiiiiiBiiiptiiiiiiij You enn add cash working capital to yOUr DUSineSS immnrlinlol., . nm,,nt equal to the capital you have tied up in , your "profit ess" n(, eno;.-,id ' iou are not usinp; that capital except to accommodate your customers at your cricnse. Why not let us carry your customers nnd give you cash for tMr nccounts, practically at iet expense (not yours) and yet without their knowledge? Uur plan otTers you the foliowintr ADVANTAGES You increase your working capital, lou buy closer for cash. . ou Improve your credit. You make more sellinR profits, icu Increase your volume. You reduce your overhead. ,011 have no notes to meet. Your customers usually pay cost. Your customers not disturbed. You can quit at any time. ,.?n,t w?ndr if we can benefit you wnte or phone for our plan.and charge. Commercial. Credit Company Non-Notification Commercial Bankers Cash Capital. $2,250,000 Surplus $375,000 Total Resources Over $10,000,000 BALTIMORE !errntfd at Jlo,).?".1' CHICAGO riItl.ADKI.niM 200 Fifth Ave. IMI Otis Dldr. BI2 Stock Bx. HkK. i ., J;"""'' DETHOIT 101 ureennood Ilujyint 744 Dsvld Whltnfy Bid. UU3TON 1T..1VT1 "" " Strest 1015 Ilsalcy Bulldlnl SUllUUUUUjllytijUy 'Hr- - ": '?&i-" &"$'
Significant historical Pennsylvania newspapers