-'X JV.."T' ':: rj " ,'" ---'.;-wrfMj:J.,.Wfc,.n 'V f;v-:r - w IS8" v Fhli'- EVENING i'UBLKJ EDGEK-PHILXDELPHJA, WEDNESDAY, MARCH 20, 1018 NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRK nimm r.ui Lr,Tvwwrrr?ZFVvr-Twrrjrvr?vw.'--r-- y&jmv. 6 ! BV ifs? . ft. $' B& K. ? tf m ? Mr V ' j '"-1 1 elV , rr , ',6 Safety and Yield In Investments "RTANY short-term notes " of ample security offer, at present prices, an un usually liberal yield. Well-known issues of such securities can now be bought at prices to yield from 5.60 to well above 7?. fiend tor Circular r 12-t I TheNationalCity Company Correspondent Offices in 3 CUtci PMUdclphU 1421 Chestnut St. Telephone 3V Ijorimt Pond' Short Term .VotVi ,4rrr plane IHEAVY TRADING IN LIBERTY New York Stock Sales BONDS ON NEW YORK 'CHANGE Am Hppl Sug - I Am Cnn ., hit l n i i. Tt K i.' ' I. ' A" ai" & IMy vnvpmpnT, .nrnnspn rn nfi viiliciijhlhi v uli""i Coming Offering- Restricted Sales of Rail way and Other Securities N'et lllsil l.nw I'lnse rim 101.4 inVi "0',4 . . lillfc MY, 45U "f. K)d 1.V.4 :n "i VtV 13 15'fi si; .UTi "V. ' 39 H 3 ilJ(4 VI nil, ui AiVi ' .11 Al .11 l lOVt IK"! M'i ! 111 nnm !ii, I',', High Points in Today's Financial News rrullnti nn the Xcw York cxrhaiwc dcrrtoni nn urgent demand lor IMcrli llonds. Oiiemttons in lallunn mid mhcllancnii.i xcvurllle re, terletetl. 1'oicltm rxchmnic dull l.illlr of tiitcml In the Citrh mnil.vt. Cotton mid iirnln irll off. liar Mirer hlnhrr in Xeir York mid London. ODD LOTS A SPECIALTY (Althing under IIM) shnres) Railroad Stocks Copper Stocks Equipment Stocks Arc Worthy of Special Notice Send for our booklet on the PARTIAL PAYMENT PLAN Hughes & Dier t..rthAV- J Thtln. .Htntk Kxehnnce Jleintien, j (jiiIchro iioar.l of Trade 1435 Walnut Street New York, .March :o. Tin- inott Impoitnnt fcatuic of the trndiiiB mm the xlock rxrluuiRC today uim tho development of nn urgent ilcninml for the Liberty Hnmls, The Liberty An. reoomli. were trniloil In on u law scale. iicluinrlnR from :..06 nt the opcnlnK t" OCT:, ultli tlio 3'4n nml the llrit Is n1n initk iiiK substantial Rnlns. The Kcncml impression ai that thW mocinent was conneeled In Home way with liifoinmtion about the i-omliiB nnnouncctnent In tPRnnl to the third Liberty Loan and was supposed to be anticipatory of that ottering. Tho nnuouiicenient inaclo this iiioimIhb or a formation of a money pool In time money was without Inllueneo on the time money market, per cent bchiK firmly bid without any ofTcilnRS In Klsht. This step, ulileh was known of early In tho motnltiB, ulillo not effective in uiusltiB a relief in tho tension ill time money. Is rewarded as u bullish factor, and had much to do with malntalnlns prices In the KPncrnl list In the place of renewed bear presme. Theie was special weakness ill General Motor, becuu-e of the an nounced Intention of that rompanj, lo l-ue new preferred Htoek hi nppu Kltlon to the terms made in the UstliiK iiBrcemcnt that any new issue of preferred stock would be classed as second prefeucd and that stock dropped t polnt.s to 117',. Itendlns sold early in the dav at Ml, and was Mini until the iliicc-torx- meetliiR niljniiriinl, when the only announcement made was tlj.it the lesulur iuarterly dividend had been decl.ued on the common stock. Xeml all the Interest In the Imwl maiket was attached to the Had iiiK In the Liberty Komi issues eau-lnc reslrlcted trndiiiB In the ialhay and miscellaneous securities Hill, t I Hi .19;. i I ', j ion .'IK'S, ai '.(, HU'.fc 14 do nref Am I.lntrcd . , Am l.oco Am Mnlt pre?. , Am SmellliiB. Am Hum Toll Am NuK.ii- . msx in.in ini S Am Tel & Tel MS"! Innt KU-'H. '(. Am Wool pref. mt n.tti, ii:M' '. Anaeon'ln .... ii.tnf, flJi, n:i!, !m All (luir W I lin.')i innH liiftV, ', Ilald Ico Oi. 17 ifii)j tU't l " Halt & Ohio.. . . I,,, sat,. ni'A ', HntopMns At In it, i', i; Hith sitrel H. 11114 :ij, ;i, 14 ilo pi'lir,.lniji 111114 inl-n I lironklyn It T an an an J 'fc Hums Iron . . 131 13314 131 1 llmtp & Spr t'p aiili ni4 3d'!, 4- ',(. ( nniullun 1'ae .137 1.10(4 1.17 , 'n lent l.eathfr. . (18 1711 7 ti, iiiiiiiuer .Minor K3'), K3 ("hen a Ohio., nn .11114 (id ot v pc. 33 ... ("hi M & ,si 4 it, t(H4 do pref . . 73 7 1 it. Chi U I fc ! le 3 1 ',4 21 do ti pc pf tc ,1H ,171,1, do 7 pc pf tc (IRlii (17 14 Chile I'oppsr. . 1.1')', !.!, (Milan Coil Cop 0) 4(l'(, Col I'nel & lc. any, ;ih-!'i Col (i.iM A: r.iee a ft, :i!'(, Cnnsol (Jus. . HOI, KBI!, Com Can . 73 71 Corn Products, an 1,4 a.! do pref 7 V4 117 : Crucible Steel. (Ill, 3'4 CiiIm Cane Kug 30', 31114 do prrf mi 7iii, lh ere Co pref ll.l 11.1 Dome Alines . . h", mi, Dltlll .scur ,. ant :i llrlo in is"', j do 1st pref . no 38-y, do 2d pief , Jin 31 (i.iston Wins . 3 IT;, :iT, (en llhctrle . .1:1s I37' New York Bond Sales Sales in Philadelphia I loon Amor Aar "ii" 110 urn . . J30IMI Am I'ur Hc r. "' Aimr Sm & Itcf . loon ,mr TpI rlt Is Hum tin f.a 7SIIIHI Anslii.Krcnrh Til nod'l Atchlnun Kfll Is lliOO Hull S, OI1I11 ." IIMMI iii, Is 30011 il ,v l' IIHIII Itrfldwll, I.1111I Tt "IllMI mil, Mil li.l :,n Mil :' llUh 11.1 IllU wi; in', HO J snS 77 , 77, IKIJ. l.nw Clos li.l I' lii' Slooo llonlriiux i! T "oho i'an ilu .-, 'ill nu llum Cent 1.1'Mth lit ."s I'-'i Hioo flirs . 0 mnv l'i -, fl 1 111,,, .1- . - Kltlb ..".. in, inn, .in . -- -4f . ,, joon mi 111 Wist is . .lis ; imiiiii ,'iii n a 11 jfiim i' "-:' "t1 loon fill II is (J rei Is !H"i j; I "4 , nililil C Al KMtl'Krnlii 3"s ' ''., -" Col & Ho'jlh l'a .'' , ' Mi's SIJi III", IMI SI 'I sS "! in. 7N'l SO', in", in 72 '.' r Vi t-l 4 J ST in', KH tlen Atotora (!t Noithein pf nil (it N'or Ore mill 3d 1 lli-plratloii Con i.i InterliKh Con C 7') 00 prti lilt Aler Alar do pief. lilt Nllkel Kel SpriiiKllcId ' Kemie (opier l.i lllBll Vllllel Alex I'rtiol . . . MlilMilo Kin 1 MI"ourl P.ie Ne Con Cop , 01110 131 14 117V, 30 11 II J', '1 (I I ', 311 SO !.! K'.i -,:n in " !'!' 21', I. 'IK V4 1 '4 I I ', - i BARNETT OIL & t GAS CO. rreducer. Keflncr nd Phtrlhulor. lth an output for Itn full capacity which Is bring dcllcril to their own tank car, through their nun pipe lines to their own established re finery of 2400 barrels daily capacity. Full Information on request. Tor detailed Information Ciarc Morton R. Alexander Philadelphia Stock Exchange Bid?. 27 William St.. N. V. CUT LOWER PRICES RULE ON THE CURB, MOTORS LEAD DECLINE ;, - J Aetna Explosives Inactive Independent Oils Dull. : . Mining Sotcks Quiet, With Some In terest Attaching to Goldfield New YifrY. Maldi 20 the Curl) during the Financial Writer 17 mr' Willi Nlrrrt Mirrlcncr, l open for nn rniruetnient nltli liriitrrniilie brokerKe house, r.xnfrt riirrrionil(int. utatlstirlun und mnrkrt Irttrr writer. IlOX r 746. IiKIKIKR CKNTUAI.. 7.KOAI. ADVKKTISKlir.XTS ' ff3SKSTATK (IK HANNAH LUNGTItLTII sS' CAKI-l:.MKK. ile,eilU Letlers It" tamentary on ihe abo estato halnar l,ecn rantel te THIS l'HOVIDIJ.VT l.lri ! AND 5nusT cojii'anv or i'IIiladhm-iiia .11 ..Ana ln.ll.ln.l t t, - -u .. 1.7 " 1 .... . t.ii..i.w unto mmlp in lnanv i"suc? m day's tradl.iK, althouBH business was Boncrally hmall in volume and tho declines reflected more ot nu Indisposition to make new commitments on the lone side than any uneasiness over the outlonl;. The dissensions over General Motor nt first had nn unf.ivoialile Influence In motor Mocks, Chevrolet dropplns .'. points lo 115 and 1 nlted Motor KellliiK down from 28 to 27",. ... , , ., Olilcials of the Curtlss Aeroplane Company denied published repoits about delays In filling Government contracts, but In the denial included the statement that the company now has no orders fiom the C.oveinmciit fr sibmPari..rBoat iu in supple filing at 12. and Wright-Martin was tr',l5TherealaH,onnly iilttle busings l Aetna Kxploslves. sales beinR madlndtep8cmlentd oW 'rtoekK were sene.ally lower, but MUhve-l RcHnlnB 4. . 1 nin 1-. inn was In better demanu, nuwim.11... ... .v.. stocks were quiet, wun some hiuii-i a new low tccoul, 1 lll)N) liny Con Con. I HeadlnK . . ' Hop Ir .1 sjtl do pref . . Ilonl Dutch . Sinclair Oil Southern lai . Southern II II Studehaker . Tenn Cop el (Jh ieas 10 ... 1 1.1 Toh Products . SI', 1'nloii IMelflc l!ii, I'liltod ClK.ir S H7 1 rnlli'd i.ruit . I r S lnd Alco I S llubher C S Steel -il i-.'h !MI', JH ', l :ii'4 1111 1, 1131;, l.'i i-i'ik IM- :m 7n; hi. MX si's 7 ID', ii:.i :iVi HI", X l(in (I nu 3791 IUi lb rs'fc J7"h ni'H 2sr, 10', :ii", mi tiJ'! It'i 'HriH IH-'i :ik n 'V, 111. M'.i S.I 711 7'i llll III sr.n. IlliVi Mi lio (I'', Ji'!i '.', Hi. 714 4 "A l'.", . 'h ' ''l I l" IIS ' J"l !l 1 lll, i4 .ll'l 'm I fill 111 :i '. t ; 1 ll'i H Ilnlio rnn Hum enm 1 t"1 I I On lln ft ti 1 1111111 i;rl (,IM, H.r II I Soon (Id Id Hit 1 1 '", lmiui) frcntli llrp . 1"1.' .ciiHI III Sdrl illi Vi sl Hunt Inlerli Mil l'j '1, '.'i'iiiii Inlerli II T nf :' s" HMMi Inter Aitr ." .!; Hum Kmi Ot Tr lit Is ' WMHI l.ailiii Mil r.s I0JH HI I IIHIII tin ."1 IllMI S" Kmici 1,1, Sh it :i'n 7.1 1 .(Hill 1I11 delt li( l-'H "I" lllnnnii l.liierl ltmnl ": IIIXIMHIII ll.l Is IIIIIISI ll.l I.I I. ItlilHI I.Miua 1,. -1 M,ri-illl(i i . sunn Miiltnlo . L'IMMI Mo Pile Ben l ClIOil tin tin 27IKMI Molilnlm IWrr HMMI .- VI & II lis . ;; :i(KI(l V Ol I'f IIMIS l'H' .('till VY dim II A 1" Rs S7 lliful N Y Tel Ben I'jS ss IlliiO NV Wr II l'n li IIMMI Norf A Went l . St IIMMI Nor I'iic prlnr l so lniill ill crn .li. S' limn lire Hh I. It i. l"l. '.nun (ire llwy It N t 7'.,, L'immi I'.ielflo (Inn . . T'l 1 .liiiiii ivnnii sen i I'js s'i'1. IIHIII illl III l'4 '.I", t liino I'ere Mitninettr :, sn;a iMMMI llemllni; BUI I" . s . .-.mm Hi I, A S P mil 'l"'i am n ii 1 Her A '' limn il.i Her II . T IKHHl H.mtli I'm1 e I" " r.iiiin ii.i t ,-.n. . . !u'i :iiMM ilii rf'l l . 'S'. I'HKl Houlh ll Bll 1 '"I" aiinil iln inn .in HP, IIMMI l'eni I'd I'.s 'IS ..nil Tnkln S " Union r s Uublier ..' n't snnilil I H Me. I H I' T." '','. ..OMii 1I.1 r-tt "is . I'i'i Inii'i Pnlmi 1'ne 1 ui l s'''t In 1.1 r I.I Ik .'"-; jjiinii r i i.r 1: 11 1 .".. hi 4 Jllilin "In ."'a" IIH'l I'"'' labium ilfi."SKneu lllpl 'i'ii, aiinnii ii. ."i'8H M'i . iii'. LM HI V I Kw H .". h'.l1. inn Illl ll'i Till Illl', S1' si, 7 'A 7.1 ". us li:.'. Slit, Nli, .11", I'llU Sl, 77(. 77'4 Wl4 7S SH' I '-' I siiji 1 ft I'll ll.,(l. I III', ! 7 II-', I Inn mi I ft ft 1 1 nil' 1 sv. 51k , .;ii i 7.T. I 7ft'. I lift . "" 7.1N SI'' Nel ClOKO lime K5 Hi lit '.(, ', 7(1 7 -M 4IPJ, ii lift ss'f, 7MVi sp. 11 n lil.no 117. nil tin.'n rn.nn nn m ii(i,7n iniiP! nn m kll'j Kll'4 Sll'j R2 iia'a S!) HJ'a I'll ST ss I ft s:i SO ftM', I'd. 7K'n S'l', mi Sill. "-"? ii-.'i ftii' i.'iS Til' 1 .'i no1, ni'i ns 7n 77', !i7. n-', 7'i'4 lis". 'ill', !"i A fr iin', KJ'j 1111 Pi s:i sn fts1. 7! Ml', I'll Sll'j lift' 1 ftll'. i.'H, HlRh Low I Am (las . ! A! toll ft U... A I it, Rl',4 7 Ilrill .1 (1 pref... 7(1 70 JO Con Tmc N .1... (17" B7 53 lllce Ptor. IR", (i)i (ien Aspli pref.. .. ... t.im lac Co of S.... t!S', 3.7 Lake Sup Corp... I ft 14 Ittl l.r-li Nav. n.7 lit I.eh Vnl . fiiiKj 32 North C. 731, 133 I'enn I! II Iftlt, i-.'.ti'iiiiR i:iee a.ii, .t.i! 11 t t , un" nn I'll Tnirt fli .1ft Itenilhic K31i, M.VIT011 llel .if, 4KIT011 .Mln :ijf, 10 Pn Trncl in mo r n 1 imu 208 If H Sleel III', War I &S . lit West foal nn York II v. . 'Quotation 'kIxcii Is eterdny'H eoc Tolnl Knle. i:il07 .luire.. (niniiireil litlll ft2H0 Rlinrr. ,,e.erit.iii I llin. fur IliU eet.,i 1, ,nni Minrr! .iinie iirrimi l.i"i reK. ;ni,,i slinrf.. I1IIMIS lllall Lull 531100 111 A I'eo Tr Is. 7U 70 flonn I.eh Vnl Coal ,1s. Inn inn 3100 till) Hondo 3'jS. . II7.ftll 117 innnn do is . nii.711 nft.xn nn .11 .1.-.-0 do 1st l. Hii.iiii ii.i.no nn.311 ' .111 anoo l'n Co Co I'lU'Si 111 !P! Kl. snnn l'lilhi Ki do 1st Is ai4 n.1 !I31 nnnn Ileadlnir Ben Is H'Ji), Hi'i ;', 'i lft',4 lit Vi oft n.7 1 nn 14 iin-J, -1 Mi 73', 73Vl l"l II", 41'i, '.(. SSli 3ft V, 211 h, 'inK, "(. tin n't :", S31i . 3 :i ' 3,'. :t,' .. in to iix nn ". nni. tin; 4 "S, Mr. . . nn n 1 tt"-ii . . N"t Close 1 hue 70 ion 4 li II7.AII .ft TAfAT. MAPTiTRT TTNTNTER.TT.ST'TMn. jjvyv-ixx .m. w-. axo.iivj ,1 PRICE CHANGES UNIMP0RTAI Mining Stocks Experience 'Period of Selling Re' ing Advances Kapm Transit Trust Cer tificates Sell Higher n TradhiK 011 the I'hlladclphlii Stock for t317, the Iml.ince, I'd''?,,, i'.coiiiiKe loiiiiiuien 111 11 miiii i".ii.v 1111 1 i-niini ui 1..1 ier cent on lie,,, tliiiiiicli Hie ilnv Prices Mere irreuu- eoinntnii .li.rtc. mm tin . . . V2. Inr and were coiillned to fractional ml vmocH and declines The only feature cIMiik life lo the market as a inntlniied sellhiB of the 111I11I11K Isstiea illlrllic 11 p.llt nf the session Tonopah llehnoiit c.iino out to the extent of some 1 SOU shares, de t luiiij? ij,. Tonop.ih MlnliiK was less ne- tlie and leinalned unchaiiKed nl .1 J -IB. ItcidiliK stuck to Ms ndMince of , on ery limited sales, I'rimsjhalil.i hub up '., IlHltlnmrc and Ohio imis imehanjird 11111I l.ehlsh NatlBiitlon Rallied , I'hlladrlphla llaplil Tr.mlt trust cer tlllcates eie sold at an ndianie nf 'i, oil 11 imall ttirnoier. ullh Culled Can Iinproiement off '( Liberty 3s Rained 1U-I00. Ilm 4s weie nncliaiiBcd and (he coniertlble 4s calned at PI I.. The annual lcpoil of the i:inelrlc Stir.'i ,0,''i; ico Hiiltery ( ouip.iti.i for the jenr ended December 31, preientril at The nniiii.il tnrethiR loel.i , shows ciosh sales, less costs of inanufaetiiiliiR, of $3,1 tO.Un. This cninp.ires itli S2.(iS!i.!)77 In l!iir,, cr 11 Rain of J1 (lTO.r.s:: The tnt-il net Income was $2.l77.Si2 iiruIiim) $,r,S2- 0.I.1 Hie preMous jenr h'lirnlns in. .- ' ., ' .. . . . . .11 , ...,c..e orpins in- Cotton esllniatrd b c nn.r. .if I ,7. 1 . V," . . iiialnhiK to be Kinneil im,l Ineludlll After deduct in: S ftn nnn ,e-..i n. toir i.,mi.. .'....""'. ,, , , , " ..-....-., ,ui ...-- ..-I. ru'...i..fl luiiininieu 10 iii I.', ilnpul l.i. a., e...... ....... 1 1. ...... --".li r.iiiin, 111..V.-. iiifin 1. miii net inc nine 1 "in' . T11I11I KHlei. Xll.n'iil. imiiii.irril nllh Ti.- Stl) .ir.lerilillt linn. T.ir f IiIm. urrk. S'll.ilM')! I, .11 , K.llne iirrlml li. uiek, S73.3"0. nn'. coinmoii Meek, as Compared mum,' l'u",n0ir.n,c" '" ,9l8hn,? ....... Direciors weie re-elected at th. C iiik. . i'. niniiRinon ntiil noWl busnuu, nun eio rieclnl durlnr'S Inst vear In Illl .,ie. "unn fl eleeletl for full terms ' '? DKCIIEASi: I.N C.INNED COTli Drnn nf More Time. tt.,-j..j ,.'ii ," . . """urea ,d snnd Bnlcs in Ycai's Troductw n.lilnclnn. Jlarch 30 -T1, ri .Miierienn enunu crop, ns iletermlBrfl rennlts of cotton chine,! le it-TT-'IJ mills, nniountrd to 1 1,231,263 ban iinne oi Miners una at 11 i,.ieo I,, nil! 11,. r. ' .... "'! ::' " " i- 11-111 iiurcau repi lnchiiled were isnnni .,... (iniiiid bales count as half bjl.l J Kl 1'.l-- "f Sea lslaml K,M fur 1117 uns r.02 41 pounds k u. ..a ...... a, .., v-reii ia rOUIn rifld-pniind bales cross the 1911 jtiis 11.285 919 bales, nwlnu 11, p in 1916. ' nl', ns Local Bid and Asked ,.,7 Illl rtl'.lil .',: I llrlll j n ,,,,,' ' linn ft hui Sir, in I r mi. , !' en I r, ' j Hlie Hlnrrfue . . S;i ll"n An. . . .14.1 rN ''l ' ' ' ' 'i...4t ..i.u ci m. (lilt 4-ninit.irfil ivllh I .in - (.illil KllirK, ,-nr," r,".. r ......,-...- .- ...... , ,,,, , ,- ,IK',h r ''n si nsl (ll'l .ir.tenl.iM lliim fur thl l.nkn Siiii Piirp l.,.lh:,rn it siinie reriuu i i-i n-i.. .-...- i,(n ,mh IK', ll "j ft3' 033,oro. ;ii n(, I Canadian Cotton Increases nitidcnrl 7il'" . "' M.inlreiil, Mm Ui 20 The Canadian U'i Cotton Company. Ltd, has declared H oiiaiterly dUldend on 1 per ceni on ill do pref 1.7 lft' lift ft0T 131 I j sinH 12ft 121 V, I S3 14 1331, lift li III , il ,1 31 Kft'. 31 in in lift .".()' 13114 87 13 I.eh Vnlle l.eh V,"l Tr . ill) pref IVfillii . , Phllll tilee Phi In. I'll . . i o .1 ner lent tirer JI iln ll per icnl pref an Ift'.j lft Ift'n I..-I lil'5 lift HI'j IIP. I'll l.nij ,.11' , liili. VI Vl :i7 . . :i7 ll'l II', II", Pi L'l . the coiuninn stock, lmien-lnK tbe nnini.u Phllii rt T t e 1 i.ile from I per cent to C per cent Hie iiuii b . ItcKiikir (in.irtrrly dividend of 1'2 per .f"" J" 'rent r.n the prefeucd stork was n1" ) , Trac declared, both dividends payable Apill ' , (j i. i 4 lo stock of lecord March 20 Hooks i p H Hteel elna. M.neh 27 and 1 eoneli April 3 York ll iJTMMWi!iiif(jTM'i; lifc I'k .MOXKY.I.KXIHNC HATES M',W llK Monev on call npeneil nt u'j lier tent : iiirii. ilo nref AVni I'ritmii & Hon. HI !i 'ID, .HUM! Ul!)l ll'll-";, rtah Coppei . . 7x.ii 7S' Va Iron C & C, 07 07 Wabash pref A ll'i II '4 Wells Parco IX sn so West Mil . . IS'.', lit W U Tel !1',h UP. West MfR . IP, II I Willys Oveilnd. IK I7? i do pref . . Kil KO'i 7". 7V, 4- Hi 1 1 14 14 KO l.'i OP., 1 1 li IK HI) I I ; closed. . i en", If? P- fi'j ; lo, I ; rnlliiK late. Mlnlns (Joldleld Consolldateii at 1MH ST1II.I." attached to ales of II persons Indebted to the hum nut.... ..' reauesle to mako pament, and tlioae hav- lnc claims to prenent the umi, wlthuut .. i i..u delay, at the etnee of sab Company. Via Aetna IXplosltes Chestnut St.. rhlladelphla. "' J ., ,..,. ,Ife. ... ASA S. WI.VO, lAlll-llIlt MIS President. ' Am Marconi . . ijSr kstati: of ki.ilinor it. mimi. Am Writ Paper. -" dea.ed Letters testamentary on . , t i.iin the aboie estnto havlnii been griinted to the A'r Ileductlon . . underalaned. all persons lnrlehtea in it,. ... i , nnt- cn .Ot. ill ren eilerl in ie 1, i ,.,. . .i'." """, - llimuiuu . those having claims to present the, same, without delay, nt the office of tho corpora tion executor. 40!) rhestnut st Philadelphia. JAAUsS W , LAW Si THE PnOVIIJENT I.I PR AND TRUST COM- I'ANY OP PHII.ADKI.PHIA. ABA 3, WI.S'O, President. executors. IllVIIIKNDS C C & P pref... Charcoal Iron . . Chevrolet Motors Cramp Curtlss Aeoi plane. . . 1 Cum en Tool I Carbon Steel . . Emerson IMiunoKr.ipli ' Pederal Dc Ilendee MfR 1 nice. I .tllio . . . SeTenfy-llrei rents IJ1..3 per s'-re. has Kathod on Broiue pf been declared on both Common and Pre- , , V,. ' ,,,",, f.rreH I'anllnl Hlnrli nf Tl, n.,i, e.-. I Li IP Tom IllWt pany. New Jersey, and the Preferred Hlock Lehigh Coal Salts... subscription Receipts of tho Amerban Coal 1 1 Ima I oeo Products Company, pa, able on .April 1. I iv -i. Mn.lilnn. I91R, to Common stockholders of record as I Maxim Munitions . . . at the close of business March lio. tnis. Marlln Arms .nd, S n,JAl"'". ,s' ,9I8J 2 .n Preferred X V ShlphUlldlllK. . stockholder" of record of The llarrett Com. v ,n Pin Puln pany and Preferred Stock Subscription lie. Nor Am 1 ap imp., eelpt holders, of the American Coal Products Otis LIcvator lompiny oi reenro as ui mo C10S9 OI bust. . PeiTlCS .ilOlOl ic.a nvi i 4. 4U.O ERNEST J. STEER, Treasurer. IUYIIIL.ND THE IIAKKITTT COJII'A.NY (N, .1.) A Quarterly dividend of One Hollar nml 111.1 H'.i 3 t 70 311 (III K lift 7K 3H'4 H3 3 Y ( bn'e .Kk mile) ou; fnty DiBECTnrtr or accopntasts Certlflwl PuMIe Aeeonntants LAWRENCE E. IIHOWN Si CO. 1111 REAL, ESTATE TRUST IlbDO. INVESTIGATE & ADJUST PAHTNERSIIIP CORPOHATIOM . DISI'tlTEU ACCOUNTS Ceor K. Watson C. P. A. ISth Fleer, Ileal Estate Trust Dldf. Andlts. Tax reports. WAR TAX RETURNS PREPARED CRANCH V CO.. LAND TITLE nLDQ. Poole line lledden Truck Scripps llooth S S Kresfie w I Standard Motois .... Steel Alloys Submarine St Joseph Lead Todd Shipbuilding . . . Triangle Pllm I'ntted Profit Sharing I" S Steamship I nlted Motors I 'nlted Sucar World's Pllm WrlKht-Martln All . . . Zinc Concent .1. Hll II) li 73 3X 3 V, 3K III III in KO II II 1 1 14 l.'i 73 "i :' IH 3714 30 14 71, I Kl, (1 illi. 314 7ft 3(1 Oft KVi lift 117 30 '.I SK iln ft 30 3 I :t',i XI fto 7K 13 3 '4 40 Id It. (Ill lit lit Kit HT, COSTI.M'LD .. el,,.- 111. I Auk U.ile) Clidaht f.s . . Ill 1)7 .. Itusl.in (lov ft'"S . 3(1 3'J llussl.m Cov ll4H .. Ill 13 .. s-1! Southern Hy 5s . nor, n7',i .. Sinclair Oil Cs . . . fto ki .. I Todd Shipbuilding fl. ns nn I Total sale., 331.900 share., (onipireil will) 311, liflo .hare M-.terdn i thu. far IliU week. I.OJl.ftilt) sliarrsi name iierind In.t ueel,, '..'I. Il) .harm. Ex clli Identl Republic Iron and Steel lef. 1", . Va,ren R It. pref P. Natlomi Surety Co . 3. Worthlimton Pump pref. A I',. Wlllis-Oierlanil pref l, . Merchant .Marine pref, is, , t'nlte.l Prult 3. Wis em I Pnien. I8,, llerielt Co. 1 f, . Minnesota I M. J'aui un.l Haulle Ste lijnt 1.'. ivattivp intii a crnrirc last. """"" " ' ""' "'" per j PollouliiR arc nuolatlons for Inactive I Mocks listed on the Philadelphia Stock nxchangc and 'u Mhich there were no .lnj-l"l.n,ri;"3n TeVt"onacMal,if;l,an,;''ranactlons today The price Bven Is i rates There Is virtually nothluc doing I the last previous close: ! on time and fi per cent Is nominal bid. Am,p ,, ,wir ,,j ut ,, , , 1 Irrespective nf collat"inl Amer llv nf.. 7ft Leu Vai Tr nf -"'i'i Pi line balllt accoin.incej line inuuii- Ainer Mnrr, . -'i ii .uv .u n m n atelv active at 1 1, 'i P, per cent on ell- Alliance Insur. . l glides, and 0 lo o per cent on inellgibles Amer Mil .... i , Prime m-icantl!e paper Is rUiet nt SS" "tores 'if n-' : - n . r..i: inn nntu l.nnilnn Monej on i ill .is chaiiRed todav nt 2", per cent rate of discount hi the open L.h Nav wr w I I lltla Hchuvlklll SI Phlla Co cm pf. in' i p n T "i;v. Huff A Suro rf 4S Penn Tr.ifne. . . -.i Illl- , CalawlK.il 1st Pf ft- Phlla Co nref . 2S The Cam Iron . 4.1 Itwv Co Gen... 4 ttiiil.et fne ' Cen Asplialt I'i'i Pnlon Tract ... 41' lll.ill.il nil ... . . ,n , ..., r- ,,,.,!:. Maiii'iiilii'iiiiiiinrnTiriii'iniiiiinranTiiiiiiiiiiiiiii ot See Us When selecting1 an Executor or Trustee for your estate. Tiie danger of appointing an individual is that he may die before his work is conmleted and leave the estate in a chaotic condition or else he may prove incompetent for the task. F.y having the Continental-Equitable act io tho Executor or Trustee of your estate you eliminate the dnngcr of incompetence and have the assurance that your wishes will be carried out as you desire. 1INTAL-E0UIHLE short and three months' bills was un-, nt ft n t uf ' 17 iiltAinil I. (1.11! Iinl 1 rttll t.'ns .irnii.. 'JaI nf . 7 110 DIVIDENDS DECLARED Kansas City Southern Railway Company. KSUlar quartirlj nf 1 per cent nn prcfened. paMiblu April 1ft to stock of reionl March 30. Tonopah Mlnln? Company,' quarter! of 7'j per cent, pnjablo April 20 to btock oZ record .March tin. Arconaut Conuolidatetl Mining Commnv nuarlerly of ftc a share, paable March lift IV1PT1VK NEW YORK STOCKS I10 stock of record March Is. 1AC11 il4V Hiua siutna Oorham Vlnnufacturlns- Cnmpinv, recular I Following nre quotations for Inactive quarterly of i, per cent on preferred, nay- , . . j , ........i. AVK aoie April l to siock oi recoru .Marcn ... New York stocks and in whidi there Cardenas American SAiear Companv. res were no transactions today Tne price ' ular quarterly of 1, per cent nn preferred, wem no m... prt (A April t to stock of record March 3ft clven is tho last previous sale: , Chalmers Oil and lias Companj. renular ,.... o't 't C1L jc i nt lnn'i. quarterlv of 2 per cent nn preferred. pay Advance I.um. ;t n. inn ion a , A l , 8tock of recor,, jlHrrn , A.lv lbim rref .'' J N.it l.ll - . IP. IJ American Window Itlass Cnraianr. r'S- Al.it H""""-,;- ''.V v J ;"a" h pt .-' ular outrterli of Is. per cent on preferred. Aliska Juneau - n i ':'"" i" I M,ai,le Auril 1 to slork of record Xlarih L'.l .Mils-Chalmers -In N lentrij . niirla Iron and Hleel Companv. r.'BUlur m Ae-el Ih-m .n i ri I. in quarterly of 14 P'r rent pa sable April 1 .viper i-iiii I" Mil P ''.1.''. m Coltun Vil ". V (I Ter t- Mm .() V It R M "il pf .Mi'; ; l vir it l.'i Detrnlt Ldlsuii Conipjni. rrsular quar terly nf 3 per cent. pvalilo April 1ft to stoik i .n ini i nru '- Am l.lnseed nf. 71. J ' J -J parr Vlpaca Companv. resular ouar- Am Loco rrer.. nn, Nnrtlyn Pa MJ, r of ,... )er ,harf, pJable .March 30 to m pwis . 1 vrf c";itn . .m. ork nf rron, .MnPC, -M Am Malt . ' ill ,s -:5, V. "'i ' Walden-Shaw Corporation, reeular quar. Amer smelt pf 10 . S?;h-.!l"' Pr 1J,J terlv of 1. per tent on preferred. paable Ain smell pi .. ' ' V."'...' c.:.,- ,1V, ,'5 April l.i to holders ot record April i m mMi i "' ni,!. r!V. ii. en ' J0nil II Thompson uompany, resular Ho. Ion Vtn .steel i ,',',',, n, " S,..i JA ! 'quarterly or ! per ceni on prererrea and initimo Amer Huiar pf in'i'j "n o I -uei sup J. i ,i r,r CPn, common, pasable April 1m l.nui Mil Tularin l"'l n,' "JiJif1 ' Sou n holders of iecord .March lift I Vm lo). pt nv C ' r ) "''. , ? i American Window Glass .Machine Coni- Am T t. Cable ft. '" "I !!.. -'J i pany. quarlerlv nf 14 per cent on preferred . '. -i IT ,l nf 'I ''i Pntl-Aln Pel pf !lli I !,.,,. hie Anrll I t,i aloek nf record llarel, "a im Woolen. ''.. Y."r .V"rnl"i,e ViS I KeadluB Companj, regular iuarteri nf i Vm Writ l'an I'f ' , ,iI, J"n.pr !;' I -' per ent on common, pajable .May !l to alteied at 3 8-tO per lent. T'lllLAIilil.l'llt . Call i' per (ent, time. fi, fill pet cent ('oiiiincrci.il pipe . three to four months. I fit! pti cent; i.l months, G p,r cent FOREIGN EXCHANGE New Anrk, Mnuli "JO. SJ"ht foielRn Mi!irip. in.'.rlfpt huh iivtremelv ioaetlic In the earlv tradhiK tod.i. Neutral ,. chatiBes continued firm and francs ap peared to hae u sliKhtly better under tone. Theie was llttlo feature otherwise. Quotations Mere. Uemand sterling LTft, cables 1.70,',, sWty-day bills mini ualiy 172, nlnet day bills 4 7. Pranc i.ibles .ITHa. checks S 7-' '. Lire inhles 8. ill. checks 8liU'' Swiss cables l.S'.i'j, checks t U. llullder cables Ki'.., checks IB. Pesetas i ables -ft -it, ihecks -5.1(1, llublo c.ililes nominally II, checks 13',. Stockholm cables 33',. clucks 3-7,. ' I'hrlstlanl.i cables :'..', ihicks 31', ' Copenhagen cables 3ls, ihccl.H 30",. HANK CLEARINGS Rank ileariims today iiimpired uitli ,or responding iUv last two lears, mis 1017 inin rhlla. . t.io.nii-Mitil -L'.n.'l.sftl IftR.smi.ft.Ti X York ftL'l.llll.STa .Till, SHI, ..1,1! 4711, 7H1, 31111 i . as.atn.'jT as,:ii.n:i i ai ITI.s-.-il . ,. ins, i- n.-'ii'i-iia r IIU7.A7K l'l, 31111.7.111 . ' ,. ' I.elHtniie Tel pf Key Tel 1st Pf 17 P We't I Snsh 41 101 k liwy prct !. T1TLE-T1STC0MEW Twelfth Street Above Chestnut Philadelphia $1,000,000 Capital $1,000,000 Surplus 'mMMM. BAR SILVER Ml I . i""-Rii -ii'i PM"- '" " 404 I ! li 15 I ' 14 ft 179 33 ' V 7N. i 4 I Aso Oil ti bison . , ",, nie.ee. Irrnw .,f mil., i Atchison prei "",- i.i,., f.,.,1 - ..a " a a,".L Co ,1 M i' "'" rn" "f "'' B Alaska C.old l J p of reiord April is. k4 Pierce.Arrow 'I'ndal Ye.t. I Ynrkliemsl ssi s?i. London (pie ) I. p. :p. Last Wed SIP, 13 -mis lllall l.iev nil's h"i's 4ft'. 41 K1 Short-Term Notts e 'fa v. "t 'HJ r.j- M .y1' K.V1 Rata I". C. n P Ill's HO J4 DSS as. Ill IIS l)ii tisd III Due Illd ep, -is tin Peb. 'Ill IIS'. July '18 lias July 'in lis Feb. Mil ns July Mh in .Mar. :! 1174 July "l'l netf Aui, 'SO 1)714 Apr. 'Ill 113'i Dee. 'ID nil's 100 July 'n oas 10(1 May MH WIS lltl'i Sept, Mn tinji nn' Apr. MH .-,' fH4 June '21 nn'i im'S Mar. Mn nt n'i V'eb. M 87 8S Mar, Mil nnT, 07 May Ms no'i inni. Sept, "2a SS SliVa rOHKION GOVERNMENT SECURITIES Am For Secur,.. 3 Auu. M0 1)5 lift', Anglo-French. . 5 (Kt. 'so Do',! ties Argentine Govt. K May "JO 1)1 lifts, city of Parts... n oct. 'al 8ft sft'J Rep of France. HH Apr. MH nn'i, DllS nuHiin uoTi.... ns june in so 4: Russian llovt.... sm Dec. '21 an a- t urn, im.. r-or oil Am T k T ' (subs) Halto L Ohio.... ft llano e uiuu. ... Beth UteeJ J Hklyn It T. J Can Pao Ry...- ? Chl II t li II R J Del Hudson... ft Kris Railroad... ft General Electric 1 Heneral Electric n N Y Central..., 4'i V T Central.... 5 tTN II at II It It ft , Penna Co ...... . 4 15 Pub 8erv Co N J ft Remington Arms ft Southern Ry.... ft United Fruit.... ft Utah Secur Corp (I STAN ll.l It l " I illlnoU IH3 Ohio 3-jft i Prairie l'lpe '!7ii 'Stand Oil California. .'J 13 I Stand Oil N .1 Sift AU , stand Oil N Y -.'3H IMIP.I'l'.NIlllNT OIL IK8 3. 1 II 27ft 318 ,13ft III J S.TOCKS !I3 ft 30 . " rr"... .T. Pills West nf ll'i. V.'1 '.,... J-n J' J Pre""! Stl Car B24 ni'tb Steel ' -" Vni, Pr;;l Stl cir Pf ins. ii.iun Pn das li" Pullman P f 111 riJ-n ihe. 1 Heading 1st pf 3.1 n,oliPCon ft . ll'l rtllnT 2d pf 37 nUltPMrol Ill's Heats.noeb ..'..148 r-J K fo nf 44 Phattuck-Arlg .. 17 ,ri.eti,p.f 10'?f 2! J- -s '-. li"' , ?m SMv? TtJ ''fltnn Motor . ltj e.i J Snith R'A ''nl A I... . S K! f ? 1st rf 4TJ J-lbrd A L pf. 1 C' S?-l."I' or ' Southern P R nf BnU rent Tnical s IIP, '-itn'1 aillllnjrr. nn n.i n- Hudson. ii'i .:...! .."'.'. " Dn - n'o pi, m E itusaian uovt.... an Dec. '21 ail 3-1 i il v.:J Jiytiim o. o iar. ".'o ion inn v.r Jfjiy. U K ) KrlUIn 5 Kept. M 8 1I8'4 n8 JwS? JJ i oJKHrttaln 5V4 Nov. Mil nil'i l)(l Mtnpi Convertible Into long-term bonds. iv1- raft f Ilarlett Oil & Gas. Costfen & Co i:ik liasln Pedcral Oil .... Inter Petrol Houston Oil Merrltt Oil Midwest Oil Met Petrol Ohio Puel Oklahoma lief ... nice Oil Kapulpa Itef Sequoyah Sinclair L'nltcd West Oil I . 11 . 7 7 ', . il li '!4 . 3,(, 34 . 13', 13"', . 4iMl 44 . 17V4 114 1(13 1US 14 . IS in . ;, (i H . 17 31s nl tut? Motor.... 43'4 fleJeM, WllSOn 11 Un "t',l lSt Pf fl We'stenat- 5j4 ;.; 'c1""--.';? rTe'e hemlcSflll ' TobrecoPro-pf'lt .MIM.Vfi hTOliKH S 10 It", y. RAILROAD EARNINGS BOUTHERN RAILWAY SYSTEM " Lines East and West 'r , .. t18 Increase Jecond week Marrli ., 12,5110,24(1 I383.70J .vr .Jerain January 1 "t itf)7 fi4K , nmi n-i ." Mobile ft Ohio Bsrona ween arcn.. izs,22i in.isoi From January 1 ... 2,423,02ft 10ir,o(3 ...v.ai.s evutiiu ami r loriua oa,91U 14, -4 008.291 1T.2T3 MltWOUm. KANSA.8 AND TEXAS nd wk llsrrh.. 3R4II no tea st-i era January 1 .... 8,811,640 747!u57 . DBTROIT. TOLEDO AND IRONTOM wry gross ..... W.815 1120,804 TKXAS AND PACIFIC k March.. 1440.374 130 071 JtWiury ,...,. 4.8l3.il)9 43S.4IT s" Second week March. . .rrDBi januarj I CWCAUO. INDIANAPOLIS AMD ,TT( teOUIUVJLI.ri f,A, nj.l Alaska Standard . . . Atlanta Illff Led3e Uutte New York . . . Cal & Jerome Con Ariz Kmma Consolidated. Plret National tloldfleld Merger . . . Goldfield Florence... Goldfield Kewanas. . Green Monster Ilecla Mining Howe Sound. Independence Lead. Jerome Verde Jim Uutler Jumbo Extension... McKlnley-Darragh . Macma Copper Mother Lode 33 Mines Co of America i Nevada Hhls s Nevada Wonder 1 Nlptenlng 14 OhlQ Copper I J Hay Hercules ....... 4 Ban Toy II Stewart ,, ".si Tonopah Kxtenlon . 1 United Verde S7 West End Con Id White Oaks .....,,. . White-Caps .,. '4 YariMton ........... T H,:n... nr.f pa". "" i "y 'i i . fta ,?r.i;,.l,ti,,Pt: au nderwd Type.loi (1:: iSiS-'S i:ai.i fr4 "" ...:n,"e."...i in P.n Cor tr pf mi 8.' .U 1 : pf i n K5 l A .- .is!tt 'pnWRy.nl-nf J. r'iT.. isu " s nuhl.t2pf.inn'i Tewel Tea . a'S fT H ,. r p ,,. ,. K-an City South in-4 ,T ,7 , t p pf '. 41 .c,.as.te. ..:: lo " nr?J' "" "'l u o (leauy ,m is? nrer . r.n 4 It 0 4 4 4 dl II 43 3.1 Hi 1 HA Sit, A Vi ft Id 8 li 41i Vt e 4 10 46 38 33 114 13 1 SH li 12 Vs JV4 SK 71 3 . 1114 i A I HA 2 A 4A s,6 A i.i 44 1114 7.M ii I,ee Rub ft Tire 1JV4 Lor Hard ?,,;,. ' P nub 1st ff tnnu Uiulsv Nash.llftb, H Smr, k nj,1 Max Motor .... 2Vt itt.h s "pVeA" .S Msg .".- '"i "i fs.Cae ch nf ihitf ii-. 1.--.. - - - n Max Mot 2d of..4 Wabash May "en r. pi 1..I-1 wabash Pf It ' "si4 May Tjept Jtrs. no warren n rt.. li'A ilex Pet pf.... nt Warren R R pf m Miami Copper. ,30'5 West Paclde u Mich Central. .110 West Md 2d pf "li Mln ft St L new 10 Wesihie l?i .t iVn ..---. . --. ...v. Morris ft Essex 3l M K T ft M K ft T nref.. 8 m st p ft h a m nu Mo Pao pf ... 114 M Mont Power . . 7! Nat Acme .... 21) Nat Dlieul Nst Tllsrult Nat C.tC Nat Clk V Suit ft t ... 97 iv H'Htj & T. T7J in Whel U B nf fOTk White Motorf.. 4 Wlldon ro ..,, MU WlUon Co prf, fl Wit Cent sbU, Wool worth . . ..IliU worm c m. 41 IVorthrn P A M rrti 11 03 NEW YORK COFFEE MARKET New York, March "O. Thero was an Irregular opening in the eofTee market thin morning, with September showing a decline of 2 points. Other months are unchanged at an advance of 3 points. Trading on the call Was quiet. v.. I as to acceptances A Prominent Canadian Banker recently stated: "There arc many larnc purchasers in Canada notably the departmental stores lio buy for cash and who will not accept drafts, as they prefer lo settle their ac counts by monthly or periodical remit tances. In such cases, it it not an uncom mon practice for the Wholesaler to lodge with his Banker a draft drawn upon the departmental store to which is attached a special printed form of assignment of ac count. This assignment form is attached to the draft, which, however, is not for warded for acceptance, but is simply held until maturity, or until the Wholesaler re tires it by the check remitted to him by the departmental store. The special form of assignment referred to constitutes a prefer ential claim against the particular account assigned and would be recoiinized as such by an assignee in case of failure," The above is almost our IDENTICAL PLAN, even inclttdinp; "NON-NOTIFICATION" to the debtor. The Wholesaler gives - us an assignment of the account with dupli cate invoice and shipping a evidence, and , turns over to us the original remittance '-. received from his customer when he collects the account for us, We will cither carry Acceptances received mi accounts sold to us, or permit the Wholesaler to take up such accounts and discount the Acceptances with his local Hank at a lower rate. Further details upon request. tOUnWIHIDICOIIIIIUIIIlllllllllllffiDIl Commercial Credit .Company Cash Capital $2,250,000 Surplus $375,000 BALTIMORE represented at I' m i i PlllUrtDELPlUA. 51! Stock Exchanse Bid. Al! nrAirimtc leciioc f llin tnto rtf T niitci-i'i P.-rI f-. mtvf !. Rn4c linvtn Kfri nrrtntA at Baa Ieft4ut) laauva v dliv wvs t 4JWU4tiiuiiii iai t. ta sa assasstiis w auwasuu "Hr. svwwa hvv . by the uovemment to secure t'osial savings ueposus at luuyo or tne par value. j, Application will be made for the approval of the present Issue. jj; . 4 ...lnn.nfin $ "7 7 Qfoin 4: I ;0Mo I Port Commission Serial 5 Canal Gold Bonds Dated July 1, 1918 Payable July 1, 1929-1958' l Interest payable seini-aiimtaUy, Juiiihu v and July , both principal and interest payable im .11..?.. .,.1. .-.v."-.e,i. .I,".. , .. .. i F'..i , ... e . I. . r", j - .".. iL. 1 iii otu coin ai inc ayicc oj ine oiaic I rca&urcr or ni inc rural sigency of inc oiuir i ;-j lily of ixrtv ) orn. loupon uotias. iii,isieintue as to principal, or as to principal ana , interest, with the treasurer of the State of Louisiana. ' EXEMPT FROM ALL FEDERAL INCOME TAXES TAX EXEMPT IN LOUISIANA FINANCIAL STATEMENT Estimated Value Taxable Property, 1917 $1,401,923,601 Assessed Value Taxable Property, 1917, as Estimated. . 700,960,258 Total Bonded Debt, including this issue 26,588,500 Population (1910 Census) 1,656,388 LEGALITY TO BE APPROVED by John C. Thomson, Esq., and Messrs. Cald-f; well & Masshch, of New York, and Arthur McGuirk, Esq., of New Orleans. .ui A rpnn,T nnr Tr aiktr,! at. mim em i mn e.n t e.ore, , ,T A : JUlllll t uciicinLi uDiiiuniiun ur ihl ainiL ur luuiqihinh, issucu ujr i Board of Commissioners of the Port of New Orleans under nnd bv direct authority 01' Act No. 244 of 1914, expressly ratified and annroved as an Amendment to the Constitu- J tion of the State of Louisiana, adopted bv a vote of the oeonle of the State for .the pur- . r . .; , .; : .? . i. . .... -n- ..: :: T3mer va pose oi constructing ana operating a navigation canai Detween inc MisiiibsiyiJi ju and Lake Ponchartrain. SCHEDULE OF MATURITIES $53,000 55,000 58,000 61,000 64,000 67,000 71,000 74,000 '78,000 82,000 1929 $65,000 1939 $140,000 1930 91,000 1940 146,000 1931 94,000 1941 155,000 1932 99,000 1942 161,000 1933 105,000 1943 170,000 1934 109,000 1944 179,000 1935 115,000 1945 187,000 1936 . 121,000 1946 197,000 1937 127,000 1947 207,000 1938 133,000 1948 216,000 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 Denomination $1,000, except maturity of 1936, which consists of $500 bonds. Price 100 and Interest PenHin.0- rlplivsrv of the definitive" Tinnrle interim certifi-itec will Vie issued iointiy by the Hibernia Bank & Trust Company, the Whitney Central National Bank, and the!,. interstate irust .Hanking company ot New Orleans. 'v These interim certificates will be exchangsd for definitive bonds when, if and Hi issued, and will bear interest at 5 from their date, March 15, 1918, until tnc oaw m the bonds. The interim certificates will be secured par for par by Treasury Certincatesj of Indebtedness of the United States Government, or Liberty Bonds, until the definitive'! bonds are readv for delivery, and thereafter, until surrendered in exchanre. bv the defini tive bonds. OPINION OP THE CAPITAL ISSUES COMMITTEE "Passed as not incompatible with the interest of the United States, but without approval of tb menu, ncwuiiiy or legality, upinion no. a. toga.; capital issues wommmcc ,.u the Federal Reserve Roard." rh All ttstcments herein art official, or baaed on Information which we retard as reliable, and, while we do netsPtfa inc lutm. i.tssjr sv m uava wit muitii ws itav viu in ine purctlaie OI inCIC DOnOtvs if,M I , Halsey, Stuart & Company William R. Compton Companj iwrievriiia,Mvutxcuori io . N. W. HALSEY & CO., CHICAGO 14 WAJLL STREET, NEW YORK 427 Chestnut St.. Philadelphia Itn.liW :m.ifi l-.4lMI.Mli.vf ; ii':PS-y1 Mi, HltSMILJfj- -,! w&wmsm kv1 .:'?; '- ' :wl .W rillTsHlssTf ' ' ffAJ U'non lcul yin; C1IICAQO.'". , , BOSTON
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